TCR_Public/160429.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, April 29, 2016, Vol. 20, No. 120

                            Headlines

2654 HIGHWAY: Hires Eron Law as Bankruptcy Counsel
ABATECO: To Sell Non-Essential Vehicles for $14,200
ALLY FINANCIAL: Reports First Quarter 2016 Financial Results
AMERICAN POWER: Annual Shareholders Meeting Set for May 13
AOG ENTERTAINMENT: Case Summary & 50 Largest Unsecured Creditors

AOG ENTERTAINMENT: Files for Chapter 11 Bankruptcy Protection
API TECHNOLOGIES: Steel Excel No Longer Owns Shares as of April 22
ARCH COAL: Panel Hires Brian Foley as Compensation Consultant
ARCHDIOCESE OF ST. PAUL: Committee's Bid to Hire Deloitte Denied
ARCHDIOCESE OF ST. PAUL: Sale of Ramsey Property for $3-Mil. OK'd

ATK OILFIELD: E&Y Seeks Potential Buyers for Texas Assets
B&L Equipment: Hires Alexander & Associates as Special Counsel
BAMBI DE HUMACAO: Case Summary & 20 Largest Unsecured Creditors
BLANKENSHIP FARMS: Voluntary Chapter 11 Case Summary
BLUEMONT CAPITAL: Case Summary & 13 Unsecured Creditors

BRIGGS & STRATTON: Egan-Jones Hikes FC Sr. Unsecured Rating to BB
BTCS INC: RBSM LLP Replaces Marcum LLP as Accountants
BUFFETS LLC: Bid to Hire Auctioneer and Sell Property Withdrawn
BX ACQUISITIONS: Port Authority Agreed to Limit Claim, Court Rules
CAMPAIGN MONITOR: Moody's Cuts Corporate Family Rating to 'Caa1'

CCNG ENERGY PARTNERS: $1 Sale of Cadillac Escalade Approved
CCO HOLDINGS: Moody's Assigns B1 Rating to Senior Unsecured Notes
CHEMOURS COMPANY: Moody's Confirms Ba3 Corporate Family Ratings
CINQUE TERRE: Chapter 15 Case Summary
CLAIRE'S STORES: Incurs $236 Million Net Loss in Fiscal 2015

COAST BRIDGE LOGISTICS: Seeks to Sell Trucks to Drivers, POTI
D.P.A. INVESTORS: Case Summary & 5 Unsecured Creditors
DIAMOND ENTERPRISES: Case Summary & 11 Top Unsecured Creditors
DOOLEY'S WATER: Ch. 11 Case Dismissed for Failure to File Plan
DREAM INTERNATIONAL: Case Summary & Unsecured Creditor

DREAM RECOVERY: Case Summary & Unsecured Creditor
ETRADE FINANCIAL: Egan-Jones Hikes Sr. Unsec. Ratings to BB
EXAMWORKS GROUP: Moody's Puts B2 CFR Under Review for Downgrade
FAIRCHILD SEMICONDUCTOR: Egan-Jones Cuts Sr. Unsec. Rating to BB
FILL IT UP LLC: Voluntary Chapter 11 Case Summary

FIREBIRD RENEWAL: Case Summary & Unsecured Creditor
FLORHAM PARK: New Organizational Meeting Date Set for May 12
FRANKLIN GRAHAM LOCKE: Selling Vehicles, Ski Boat for $254,000
FRESH & EASY: Selling Full Liquor License to JPN Mart for $13,000
GEORGE MARTIN ANAST: Selling Sandy Hill Animal Clinic for $1.8M

GO YE VILLAGE: Court Approves Morrel as Accountant
GOODRICH PETROLEUM: U.S. Trustee Forms 6-Member Committee
GREEN BOX NA: Case Summary & 15 Unsecured Creditors
GROUP 6842 LLC: Court Approves Grobstein as Financial Advisor
GROUP 6842 LLC: Court Approves Winthrop as General Counsel

GULFMARK OFFSHORE: Incurs $91.2 Million Net Loss in First Quarter
HOGAN MANUFACTURING: U.S. Trustee Unable to Appoint Committee
HORSEHEAD HOLDING: DTC Supports DIP Milestone Deadlines Extension
HORSEHEAD HOLDING: Employs BDO USA as Accountant and Auditor
INTEGRITY TRUST: Case Summary & 14 Largest Unsecured Creditors

JUNIPER GTL: Hires Guggenheim as Investment Banker
KEVIN WILLIAM KLIEFOTH: $310,000 Sale of Property Approved
KINDER MORGAN: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
KIPIN INDUSTRIES: U.S. Trustee Forms 3-Member Creditors' Committee
LABRADOR IRON: Claims Bar Date Slated for May 31

LINN ENERGY: LinnCo LLC Owns 65.5% of Units
LINN ENERGY: LinnCo Successfully Completes Exchange Offer
LINNCO LLC: Beneficially Owns 65.5% Units of Linn Energy
LINNCO LLC: Completes Exchange Offer for LINN Energy Units
LINNCO LLC: Receives Noncompliance Notice from NASDAQ

LOUIS & LANE: U.S. Trustee Unable to Appoint Committee
MASONITE INTERNATIONAL: Moody's Hikes Corp Family Rating to Ba3
MAT-VAC TECHNOLOGY: U.S. Trustee Unable to Appoint Committee
MAXUM ENTERPRISES: S&P Lowers CCR to 'B', Outlook Negative
MILESTONE SCIENTIFIC: Amends $30 Million Prospectus with SEC

MILESTONE SCIENTIFIC: Has Exchange Pacts with Unit's Stockholders
NABORS INDUSTRIES: Egan-Jones Cuts LC Sr. Unsec. Rating to B+
NATIVE ENVIRONMENTAL: U.S. Trustee Unable to Appoint Committee
NEW YORK TIMES: S&P Raises CCR to 'BB-', Outlook Stable
NINE PIECES: U.S. Trustee Unable to Appoint Committee

OPAL ACQUISITION: Moody's Cuts Corporate Family Rating to Caa1
OPTIMAS OE SOLUTIONS: S&P Lowers Rating to 'B-' on Weak Performance
PANTRY INC: Egan-Jones Withdraws B Sr. Unsecured Debt Ratings
QUANTUM FUEL: Stalking Horse Agreement with Douglas Approved
RONALD W. KRAGNES: Selling Property for $340K as Part of Plan

SEITEL INC: S&P Lowers CCR to 'CCC+', Outlook Stable
SFX ENTERTAINMENT: Committee Hires Conway Mackenzie as Advisor
SFX ENTERTAINMENT: Creditors' Panel Hires Pachulski as Counsel
SOUTH BUFFALO: Case Summary & 20 Largest Unsecured Creditors
SOUTHWESTERN ENERGY: Egan-Jones Cuts Sr. Unsec. Rating to BB-

SPORTS AUTHORITY: Committee Taps Houlihan as Investment Banker
SPORTS AUTHORITY: Creditor's Panel Hires Pachulski as Counsel
SPORTS AUTHORITY: Creditors' Panel Hires BDO as Financial Advisor
SQUARETWO FINANCIAL: Ernst & Young Expresses Going Concern Doubt
SULLIVAN FIRST RECYCLING: Property Sale to John Bria Approved

SUSSEX SKYDIVE: WPS Not Entitled to Postpetition Rent
TEAM EXPRESS: Seeks Court OK of $12MM Sale to Concourse
TECHNIPLAS LLC: S&P Revises Outlook to Negative & Affirms 'B' CCR
TERRELL COUNTY ISD: S&P Lowers Rating on 2011 GO Bonds to BB+
TRANSGENOMIC INC: Fails to Comply with Nasdaq's Equity Rule

TRINITY TOWN: U.S. Trustee Unable to Appoint Committee
UNISYS CORP: Egan-Jones Cuts FC Sr. Unsec. Rating to B+ From BB
UNITED CONTINENTAL: S&P Affirms 'BB-' CCR, Outlook Positive
UTSA APARTMENTS 8: Proposes $32.5MM Sale of Apartment Complex
V&L TOOL LLC: Case Summary & 20 Largest Unsecured Creditors

VANTIV LLC: Moody's Hikes Corporate Family Rating to Ba2
VEREIT OPERATING: Moody's Affirms Ba1 Senior Unsecured Rating
VESTIS RETAIL: To Assign, Auction Leases for Closing Stores
ZLOOP, INC: Seeks to Auction Off Hickory Assets
[^] BOOK REVIEW: AS WE FORGIVE OUR DEBTORS: Bankruptcy and Consumer


                            *********

2654 HIGHWAY: Hires Eron Law as Bankruptcy Counsel
--------------------------------------------------
2654 Highway 169, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Kansas to employ Eron Law, P.A. as
bankruptcy counsel to the Debtor.

2654 Highway requires Eron Law to:

   a) advise Debtor of its rights, powers and duties as Debtor
      and Debtor-in-Possession, including those with respect to
      the operation and management of its business and property;

   b) advise Debtor concerning and assisting in the negotiation
      and documentation of financing agreements, cash collateral
      orders and related transactions;

   c) investigate into the nature and validity of liens asserted
      against the Debtor, and advise Debtor concerning the
      enforceability of said liens;

   d) investigate and advise Debtor concerning and taking such
      action as may be necessary to collect income and assets in
      accordance with applicable law, and recover property for
      the benefit of the estate;

   e) prepare on behalf of Debtor such applications, motions,
      pleadings, orders, notices, schedules and other documents
      as may be necessary and appropriate, and reviewing the
      financial and other reports to be filed herein;

   f) advise Debtor concerning and preparing responses to
      applications, motions, pleadings, notices and other
      documents which may be filed and served herein;

   g) counsel Debtor in connection with the formulation,
      negotiation and promulgation of plan or plans of
      reorganization and related documents; and,

   h) perform such other legal services for and on behalf of
      Debtor as may be necessary or appropriate in the
      administration of the case.

Eron Law will be paid at these hourly rates:

     David P. Eron                $300.00
     William H. Zimmerman         $300.00
     Paralegal                    $75.00

Eron Law was originally retaining funds in its trust account for
the purpose of a fee and cost retainer in the amount of $15,000.
Eron Law has earned and been paid a portion of these funds for work
through and including the date of filing in the amount of
$1,920.00. Additionally, $1,717.00 was used for the filing fee
herein.

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

To the best of the Debtor's knowledge the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Eron Law can be reached at:

     David P. Eron, Esq.
     ERON LAW, P.A.
     229 E. William, Suite 100
     Wichita, KS 67202
     Tel: (316) 262-5500
     Fax: (316) 262-5559
     E-mail: david@eronlaw.net

                      About 2654 Highway

2654 Highway 169, LLC, filed Chapter 11 bankruptcy petitions
(Bankr. D. Kan. Case no. 16-10644) on April 13, 2016. The petition
was signed by Andrew Lewis, managing member.

The Debtor disclosed estimated assets of $10 million to $50 million
and estimated debts of $10 million to $50 million. Judge Robert E.
Nugent has been assigned the case.

The Debtor has engaged Epron Law, P.A. as counsel.


ABATECO: To Sell Non-Essential Vehicles for $14,200
---------------------------------------------------
ABATECO is seeking permission from the Bankruptcy Court to sell
vehicles that are no longer essential to the operation of its
business.  In its schedules, the Debtor valued the vehicles at
$8,500.  But the Debtor believes the vehicles can be sold for
$14,200 or more.  Proceeds from the sale of the vehicles will be
used to reduce the State of California - Employment Development
Department ("EDD")'s claim secured by the tax lien recorded on
Sept. 19, 2014.  The Debtor does not expect any other person to
receive payment from the sale of the vehicles.

The Debtor's attorneys:

          Leonard K. Welsh, Esq.
          LAW OFFICE OF LEONARD K. WELSH
          4550 California Ave 2nd Fl
          Bakersfield, CA 93309
          Tel: 661-328-5328
          E-mail: lwelsh@lkwelshlaw.com

                           About ABATECO

ABATECO is a corporation engaged in the business of asbestos
removal and excavation.  Its business caters primarily to customers
in the oil industry.  ABATECO sought Chapter 11 protection (Bankr.
E.D. Cal. Case No. 15-14327) on Nov. 5, 2015.
The Debtor disclosed $1.80 million in assets and $2.10 million in
liabilities in its schedules.


ALLY FINANCIAL: Reports First Quarter 2016 Financial Results
------------------------------------------------------------
Ally Financial Inc. reported net income of $250 million for the
first quarter of 2016.  This compares to net income of $576 million
for the first quarter of 2015, which included a one-time gain of
$397 million from discontinued operations resulting from the
completed sale of the Chinese auto finance joint venture.

The company reported core pre-tax income of $412 million in the
first quarter of 2016, increasing from $299 million in the
comparable prior year period, which included a $190 million
repositioning expense related to the early extinguishment of
high-cost legacy debt.  The company reported core pre-tax income,
excluding repositioning items, of $419 million in the first
quarter of 2016, compared to $490 million in the prior year period,
primarily due to a $65 million net gain on the sale of Troubled
Debt Restructuring (TDR) mortgage loans a year ago that did not
repeat.

Adjusted earnings per diluted common share for the quarter were
$0.52, compared to $0.52 in the previous quarter and $0.52 in the
prior year period.  Ally reported generally accepted accounting
principles (GAAP) earnings of $0.49 per common share in the first
quarter of 2016.

Strong quarterly operating results continued to be driven by
improved net financing revenue, excluding original issue discount
(OID), which totaled $964 million in the first quarter of 2016, up
from $860 million a year ago, as the result of strong loan growth.
Net interest margin (NIM), excluding OID, improved 16 basis points
year-over-year to 2.63 percent, as a result of higher asset yields
and the company's continued focus on lowering its cost of funds.

Ally incurred $220 million in provision expense, an increase of
$104 million year-over-year, driven by the continued shift toward
more retail auto loan assets on the balance sheet and fewer leasing
assets which do not contribute to provision expense, as well as a
full credit spectrum portfolio mix.  Also driving results was a
non-recurring provision release from favorable credit performance
on the dealer floorplan loans in the first quarter of 2015.  Credit
performance during the quarter remained on target with net
charge-offs up slightly year-over-year at 64 basis points, as the
portfolio continued to perform within the company’s expectations.
Ally experienced higher than normal first quarter weather losses
in its insurance unit, increasing $22 million year-over-year.

Consumer auto originations remained strong at $9.0 billion for the
quarter, down from $9.8 billion in the prior year period.  Ally
received a record number of applications in the quarter and
continued to deploy a disciplined originations strategy with an
emphasis on asset quality and loan profitability in its continued
effort to allocate capital efficiently.  The risk adjusted yield,
which measures expected annual revenue less expected annual credit
losses, on retail originations during the quarter improved 52 basis
points year-over-year.  Gains in the Growth2 and Chrysler channels
continued to drive consumer auto originations, and excluding GM
lease and subvented business, originations increased 10 percent
year-over-year.  Used vehicle originations continue to expand,
growing to 45 percent of total quarterly originations, which is the
highest in Ally history.

"Ally's first quarter results demonstrate the strengths of our
operations, and highlight the significant progress made to further
diversify and grow as a leader in digital financial services,"
stated Ally Chief Executive Officer Jeffrey Brown.  "We remain
fully committed to exploring all options to enhance shareholder
value.  From our announced acquisition of TradeKing, which will
further expand our digital offerings, to efforts to rationalize our
capital structure and pursue share repurchases and shareholder
dividends, our priorities remain centered on driving enhanced
returns and growing shareholder value for the long term."

Brown continued, "Ally's auto finance operation continued to post
consistently strong profitability.  As a result, pre-tax income was
up 10 percent over last year, and risk adjusted returns far
outpaced losses.  This is a testament to our ability to adapt to an
evolving marketplace, including expanding relationships with online
auto retailers that specialize in offering used vehicles in an
innovative way to a growing base of customers looking for a digital
auto experience."

"The deposits business continued to show strong momentum with $3.5
billion of retail deposit growth in the quarter and over 53,000 new
customers joining the Ally family -- with about half of those
customers being millennials," Brown explained.  "We are very
encouraged by the growth we are seeing in the franchise and the
success of the brand in the marketplace.  This is a strong
foundation to build upon as we introduce additional consumer
products to the portfolio later this year, such as credit card,
wealth management and mortgages."

He concluded, "Operational momentum remains on our side -- the
franchises continue to strengthen, customers continue to support
our brand, and we are being disciplined stewards in managing
expenses and deploying capital.  We will aggressively focus on
executing our plans over the remainder of the year and beyond that
we believe will drive quality returns for our shareholders."

TradeKing Acquisition

In early April, Ally announced it has signed an agreement to
acquire TradeKing Group, Inc., a digital wealth management company,
for $275 million, subject to certain adjustments, with the
transaction expected to close during the second or third quarter of
2016.  The addition of an online brokerage and wealth management
business are the next key steps in Ally's digital product evolution
and will create a powerful combination of segment-leading direct
banking and innovative investment services in a single, integrated
customer experience.  The addition of this growth business will
enhance shareholder value over time by strengthening the overall
franchise, adding attractive fee-based revenue and approximately
$4.5 billion of client assets under management, including over $1
billion of cash and sweep deposit balances, thereby reducing Ally's
capital markets footprint and reducing cost of funds over time.
The business is expected to contribute an annual pre-tax earnings
run-rate of over $80 million by year-end 2018, through commission
revenue, asset management fees and funding efficiencies.

Change in Segments

In the first quarter of 2016, Ally changed the composition of its
operating segments as a result of how management views and operates
the business.  Corporate Finance is now presented as a separate
reportable segment, having previously been included in Corporate
and Other.  Additionally, Mortgage Finance was introduced and
includes ongoing bulk acquisitions of mortgage loans along with
other originations and refinancing.  The activity related to the
management of our legacy mortgage portfolio is now included in
Corporate and Other.  The Automotive Finance and Insurance segments
remained unchanged.

Liquidity and Capital

Highlights

   * Announced redemption of $697 million of Series A Preferred
     Stock in April, which will eliminate all remaining legacy
     preferred stock, drive greater efficiency and remove high-
     cost preferred dividends to further build shareholder value.

   * Submitted Comprehensive Capital Analysis and Review (CCAR)
     plan, which incorporated a common dividend and share
     repurchases.

   * Maintained strong capital levels in first quarter 2016 with
     Basel III Common Equity Tier 1 capital ratio3 at 9.2% on a
     fully phased-in basis.

Ally's total equity was $13.8 billion at March 31, 2016, up from
$13.4 billion at the end of the prior quarter as a result of strong
first quarter earnings.  Ally's preliminary first quarter 2016
Basel III Common Equity Tier 1 capital ratio was 9.2 percent on a
fully phased-in basis, and Ally's preliminary Tier 1 capital ratio
was 11.5 percent on a fully phased-in basis, both improving as a
result of continued profitability and deferred tax asset
utilization.

Ally's consolidated cash and cash equivalents decreased to $5.0
billion as of March 31, 2016, from $6.4 billion at Dec. 31, 2015,
primarily as a result of lower secured debt.  Included in this
quarter's cash balance are $2.0 billion at Ally Bank and $1.2
billion at the insurance subsidiary.

Ally continued to execute a diverse funding strategy during the
first quarter of 2016.  This strategy included strong growth in
deposits, which represent approximately 51 percent of Ally's
funding portfolio, completion of new term U.S. auto
securitizations, which totaled approximately $2.8 billion for the
quarter, including one off-balance sheet securitization of $1.1
billion.  The company also completed a $1.5 billion prime retail
auto whole loan sale.  Additionally, during the quarter Ally
executed or renewed more than $13.0 billion in credit facilities at
both the parent company and at its banking subsidiary, Ally Bank.
After the conclusion of the quarter, during the first week of
April, Ally issued approximately $900 million in unsecured debt in
preparation for the redemption of its Series A Preferred Stock on
May 16.

Ally Bank

Highlights

   * Deposit customer base grew 16% YoY, totaling 1.1 million
     customers including approximately 395,000 millennial
     customers.

   * Nearly 50% of new customer growth QoQ came from millennials.

   * Retail deposits totaled $59.0 billion for the first quarter,
     up $8.3 billion or 17% YoY.

   * Approximately 71% of Ally's total assets were funded at Ally
     Bank at the end of the quarter.

   * Won two Gold Stevie Awards for Sales and Customer Service for
     Ally AssistSM virtual assistance technology.

   * Honored for fifth straight year as 2016 TNS Choice winner for

     Direct Banking, Nationally, and recognized for organic
     growth, superior customer retention and share of customers'
     total banking business.

   * Added Apple Pay for iPhone to list of services available via
     mobile devices, helping make banking convenient and simple.

   * Introduced Touch ID and AndroidTM Wear ATM locator app to
     help consumers manage their personal lives digitally.

For purposes of financial reporting, operating results for Ally
Bank, the company's direct banking subsidiary, are included within
Auto Finance, Mortgage Finance, Corporate Finance and Corporate and
Other, based on its underlying business activities.

Deposits

Ally Bank continued to build its deposit base and maintained strong
customer loyalty, attracting and retaining customers with its
proven track-record in digital financial services.  Retail deposits
at Ally Bank increased to $59.0 billion as of March 31, 2016,
compared to $55.4 billion at the end of the prior quarter.
Year-over-year, retail deposits increased $8.3 billion, up 17
percent.  Retail deposit growth continued to be driven largely by
savings products, which represent 62 percent of the retail deposit
portfolio.  Brokered deposits at Ally Bank totaled approximately
$11.0 billion as of March 31, 2016, up slightly compared to the
prior quarter.  Ally Bank continued strong expansion of its
customer base with approximately 1.1 million deposit customers,
growing 16 percent year-over-year.

Automotive Finance

Highlights

   * Core pre-tax income improved by $31 million or 10% YoY to
     $337 million.

   * Risk adjusted yields on new retail originations improved 52
     bps YoY.

   * Auto credit and lease residual performance in line with
     expectations.

   * Consumer auto financing originations totaled $9.0 billion for

     the quarter, with strategic focus on improved risk adjusted
     yields.

  *  Record application volume, up 12% YoY, with more than 50%
     from the Growth channel.

    * Strong performance in the Growth channel continued as
      originations increased 23% over prior year period and
      surpassed originations from GM dealers.

    * Solid growth in Chrysler channel with first quarter
      originations up 19% YoY.

    * Highest used origination volume in Ally history, totaling
      $4.1 billion for the quarter.

    * Extended financing relationship with online auto retailer
      Carvana.

    * Automotive earning assets increased slightly to $112.2
      billion, up $1.6 billion year-over-year, despite $5.2
      billion in loan sales over the past 12 months.

Auto Finance reported pre-tax income of $337 million for the first
quarter of 2016, compared to $306 million in the corresponding
prior year period.  Results for the quarter were primarily driven
by strong net financing revenue due to continued growth in both new
and used retail loans, which more than offset lower lease volume.
Provision expense increased as a result of strong retail loan
portfolio growth comprised of a full credit spectrum mix, as well
as a non-recurring provision release from favorable credit
performance on the dealer floorplan loans in the first quarter of
2015.  On first quarter originations, Ally continued to optimize
our use of capital toward better risk adjusted assets.  Ally's risk
adjusted yield on new retail originations improved by 52 basis
points year-over-year, as pricing more than offset expected losses.
Auto credit and lease residual performance remained in line with
expectations for the portfolio.

Earning assets for Auto Finance, which are comprised of consumer
and commercial receivables and leases, increased to $112.2 billion
year-over-year, despite approximately $5.2 billion in retail auto
loan sales in the last 12 months.  Consumer earning assets totaled
$77.9 billion, flat year-over-year, due to continued strong retail
originations offsetting lower lease volumes and asset sales.
End-of-period commercial earning assets were up slightly
year-over-year at $34.3 billion, as a result of growth in the
dealer loan portfolio and higher average vehicle values on dealer
lots.

Consumer financing originations remained strong in the first
quarter of 2016 and were $9.0 billion, compared to $9.3 billion in
the prior quarter and $9.8 billion in the corresponding prior year
period. Excluding GM lease and subvented originations, first
quarter consumer financing originations increased 10 percent
year-over-year. Year-over-year growth in the used channel resulted
in $4.1 billion in originations, the highest volume for used
originations in Ally’s history and accounted for 45 percent of
total originations. Originations in the quarter also included $4.1
billion of new retail, and $0.8 billion of leases. In addition,
volume from Growth dealers increased 23 percent year-over-year, and
now account for 37 percent of total originations.



Insurance

Highlights

  * U.S. vehicle service contracts (VSCs) written through Growth
    dealers increased 51% YoY.

  * Since launching a year ago, sales of Ally Premier Protection,
    Ally's flagship VSC, have grown to 60% of total U.S. VSCs sold

    in March, as the result of strong dealer conversion.

Insurance, which focuses on dealer-centric products such as
extended VSCs and dealer inventory insurance, reported pre-tax
income from continuing operations of $50 million in the first
quarter of 2016, compared to pre-tax income of $78 million in the
prior year period.  The decrease was driven by higher than normal
weather losses from earlier and more severe hail storms, and lower
investment gains. This was partially offset by lower non-weather
related losses from fewer VSC claims. Total investment income was
$34 million in the first quarter, down from $43 million in the
prior year period.  Written premiums declined $17 million to $222
million compared to the prior year period, primarily resulting from
the discontinuation of the agent channel.

Mortgage Finance

Highlights

   * Total assets increased $3.6 billion year-over-year to end at
     $7.5 billion for the quarter.

   * Mortgage Finance operations manages a held-for-investment
     consumer mortgage loan portfolio.  As previously announced,
     Ally plans to introduce limited direct mortgage originations
     in late 2016.

During the first quarter of 2016, Mortgage Finance reported core
pre-tax income of $2 million, compared to $1 million in the prior
year period. Results were primarily driven by improved net
financing revenue resulting from $4.8 billion in bulk loan
purchases in the past year, which was partially off-set by
portfolio runoff, increased provision expense in connection with
the purchases, and expansion of the mortgage operating model.  As
mortgage assets continue to grow, Ally expects this segment to
drive additional operating leverage and provide meaningful future
income.

Corporate Finance

Highlights

  * Total assets grew 43% YoY, as its growth strategy was executed

    across all segments.

  * Portfolio comprised of broad spectrum of industries, with
    emphasis on health care, industrial, service and technology
    companies.

Corporate Finance, which provides senior secured leveraged cash
flow and asset-based loans primarily to U.S.-based middle market
companies, reported core pre-tax income of $11 million in
the first quarter of 2016.  This compared to $17 million in the
prior year period.  Net financing revenue grew more than 30 percent
in the quarter from higher asset levels, which was more than offset
by higher recoveries on non-accrual loans in the prior year period,
as well as higher provisions due to asset growth. Total assets grew
to $2.8 billion as of March 31, 2016, up from $2.0 billion in the
prior year period.

Corporate and Other

Corporate and Other primarily consists of Ally's centralized
treasury activities, the residual impacts of the company's
corporate funds transfer pricing, asset liability management
activities, and the amortization of the discount associated with
debt issuances and bond exchanges.  Corporate and Other also
includes the legacy mortgage portfolio, which primarily consists of
loans originated prior to Jan. 1, 2009; certain investment
portfolio activity and reclassifications; and eliminations between
the reportable operating segments.

Corporate and Other reported core pre-tax income (excluding core
OID amortization expense and repositioning items) of $19 million,
compared to $88 million in the comparable prior year period.
Results were primarily driven by a gain on the sale of TDR loans in
the legacy mortgage held-for-sale portfolio a year ago that did not
repeat.

Core OID amortization expense totaled $15 million, compared to $17
million reported in the corresponding prior year period.

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

                      http://is.gd/lE8ZKY

                      About Ally Financial

Ally Financial Inc., formerly GMAC Inc. -- http://www.ally.com/--
is one of the world's largest automotive financial services
companies.  The Company offers a full suite of automotive
financing products and services in key markets around the world.
Ally's other business units include mortgage operations and
commercial finance, and the company's subsidiary, Ally Bank,
offers online retail banking products.  Ally operates as a bank
holding company.

GMAC obtained a $17 billion bailout from the U.S. government in
exchange for a 56.3 percent stake.  Private equity firm Cerberus
Capital Management LP keeps 14.9 percent, while General Motors Co.
owns 6.7 percent.

Ally reported net income of $1.28 billion on $4.86 billion of total
net revenue for the year ended Dec. 31, 2015, compared to net
income of $1.15 billion on $4.65 billion of total net revenue for
the year ended Dec. 31, 2014.  As of Dec. 31, 2015, the Company had
$158.58 billion in total assets, $145.14 billion in total
liabilities and $13.43 billion in total equity.

                           *     *     *

As reported by the TCR on Dec. 16, 2013, Standard & Poor's Ratings
Services said it raised its issuer credit rating on Ally Financial
Inc. to 'BB' from 'B+'.  "The upgrade reflects the company's
release from potential legal and financial liabilities stemming
from its ownership of ResCap," said Standard & Poor's credit
analyst Tom Connell.

In the April 3, 2014, edition of the TCR, Fitch Ratings has
upgraded Ally Financial Inc.'s long-term Issuer Default Rating
(IDR) and senior unsecured debt rating to 'BB+' from 'BB'.
The rating upgrade reflects increased clarity around Ally's
ownership structure given Ally's recent announcement that it has
launched an initial public offering those shares of its common
stock held by the U.S. Treasury (the Treasury).

As reported by the TCR on July 16, 2014, Moody's Investors Service
affirmed the 'Ba3' corporate family and 'B1' senior unsecured
ratings of Ally Financial, Inc. and revised the outlook for the
ratings to positive from stable.  Moody's affirmed Ally's ratings
and revised its rating outlook to positive based on the company's
progress toward sustained improvements in profitability and
repayment of government assistance received during the financial
crisis.


AMERICAN POWER: Annual Shareholders Meeting Set for May 13
----------------------------------------------------------
American Power Group Corporation announced that its annual
shareholder's meeting will be  held on Friday, May 13, 2016, at
9:00 a.m.  at the  offices of Morse, Barnes-Brown & Pendleton, P.C.
City Point, 230 Third Avenue, 4th Floor, Waltham, MA 02451 for the
following purposes: (1) to consider and act upon a proposal to
elect four directors for the ensuing year; (2) to approve an
amendment to the Restated Certificate of Incorporation to increase
the number of authorized shares of  Common Stock from 200,000,000
to 350,000,000; (3) to approve,  consider and act upon a proposal
to approve the adoption of the  2016 Stock Option Plan; (4) to hold
an advisory vote on the compensation of the Company's named
executive officers and (5) to consider and act upon a proposal to
ratify the selection of the firm of Schechter, Dokken, Kanter,
Andrews & Selcer, Ltd. as the Company's independent auditors for
the fiscal year ending Sept. 30, 2016.  

In conjunction with the mailing of the proxy statement for the
Annual Meeting and the Annual Report for the fiscal year ended
Sept. 30, 2016, a letter to the shareholders of American Power
Group Corporation was included, a copy of which is available for
free at http://is.gd/EkOmHY

                   About American Power Group

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

For the 12 months ended Sept. 30, 2015, the Company reported a net
loss available to common shareholders of $1.04 million on $2.95
million of net sales compared to a net loss available to common
shareholders of $920,000 on $6.28 million of net sales for the 12
months ended Sept. 30, 2014.

As of Sept. 30, 2015, American Power had $11.12 million in total
assets, $11.34 million in total liabilities and a total
stockholders' deficit of $226,217.


AOG ENTERTAINMENT: Case Summary & 50 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

        Debtor                                Case No.
        ------                                --------
        19 Recordings, Inc.                   16-11087
        8560 West Sunset Boulevard
        8th Floor
        West Hollywood, CA 90069

        Double Vision Film Limited            16-11088
        19 Touring LLC                        16-11089
        AOG Entertainment, Inc.               16-11090
        Brilliant 19 Limited                  16-11091
        19 Recordings Limited                 16-11092
        19 Touring Limited                    16-11093
        19 Publishing Inc.                    16-11094
        19 Management Limited                 16-11095
        SYTYCD DVD Productions Inc.           16-11096
        19 Merchandising Limited              16-11097
        19 TV Limited                         16-11098
        Masters of Dance Productions Inc.     16-11099
        This Land Productions, Inc.           16-11100
        19 Productions Limited                16-11101
        CTA Productions, Inc.                 16-11102
        Native Songs Limited                  16-11103
        Native Management Limited             16-11104
        J2K Productions, Inc.                 16-11105
        Magma Productions, LLC                16-11106
        IICD LLC                              16-11107
        Clown Car Productions, LLC            16-11108
        On the Road Productions               16-11109
        Fresh Start Productions, LLC          16-11110
        Alta Loma Entertainment, LLC          16-11111
        Southside Productions Inc.            16-11112
        Sunset View Productions, LLC          16-11113
        Gilded Entertainment, LLC             16-11114
        Dance Nation Productions Inc.         16-11115
        7th Floor Productions, LLC            16-11116
        All Girl Productions                  16-11117
        CORE Group Productions Limited        16-11118
        19 Recording Services, Inc.           16-11119
        Pioneer Production Services LLC       16-11120
        19 Entertainment, Inc.                16-11121
        19 Entertainment Limited              16-11122
        Sonic Transformation, LLC             16-11123
        Focus Enterprises, Inc.               16-11124
        CORE Media Group Productions Inc.     16-11125
        CORE MG UK Holdings Limited           16-11126
        19 Entertainment Worldwide LLC        16-11127
        CORE G.O.A.T. Holding Corp.           16-11128
        EPE Holding Corporation               16-11129
        CORE Media Group Inc.                 16-11130
        CORE Entertainment Offeror, LLC       16-11131
        CORE Entertainment Cayman Limited     16-11132
        CORE Entertainment UK Limited         16-11133
        CORE Entertainment Inc.               16-11134

Type of Business: Entertainment

Chapter 11 Petition Date: April 28, 2016

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

Debtors' Counsel: Matthew A. Feldman, Esq.
                  Paul V. Shalhoub, Esq.
                  Andrew S. Mordkoff, Esq.
                  WILLKIE FARR & GALLAGHER LLP
                  787 Seventh Avenue
                  New York, New York 10019
                  Tel: (212) 728-8000
                  Fax: (212) 728-8111
                  Email: mfeldman@willkie.com
                         pshalhoub@willkie.com
                         amordkoff@willkie.com

Debtors'          MOELIS & COMPANY, LLC
Financial
Advisor:

Debtors'          PRICEWATERHOUSECOOPERS LLP
Auditors
and Tax
Consultants:

Debtors'          KURTZMAN CARSON CONSULTANTS LLC
Claims,
Noticing and
Administrative
Agent:

Estimated Assets: $100 million to $500 million

Estimated Debts: $100 million to $500 million

The petitions were signed by Peter Hurwitz, authorized signatory.

Consolidated List of Debtors' 50 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Simon Fuller                        Profit Share      $3,371,041
9000 W. Sunset Blvd.                  Advance
West Hollywood, CA 90069
Tel.: (310) 746-1919
Email: sf@xixentertainment.com

Marc Graboff                         Severance         $1,319,875
1225 Corsica Dr.                      Payment
Pacific Palisades, CA 90272

-and-

Edward Powers, Esq.
Zukerman Gore Brandeis
and Crossman LLP
11 Times Square
New York, NY 10036
Email: marc.graboff@gmail.com

-and-

Tel.: (212) 223-6700
Fax.: (212) 223-6433

Cravath, Swaine & Moore LLP         Legal Fees           $370,826
825 Eighth Ave.
New York, NY 10019
Tel: (212) 474-1000
Fax: (212) 474-3700

Rhino Entertainment                 Trade Debt           $139,759
3400 W. Olive Ave.
Burbank, CA 91505
Tel.: (800) 546-3670

Sony Music Entertainment            Trade Debt           $170,625

Cumulus Media                       Trade Debt           $156,038

Chainsaw, Inc.                      Trade Debt           $155,000
Email: hans@chainsawedit.com

Goldman Sachs                       Merger Fees           $82,073

Operational Consulting              Trade Debt            $75,000
International

SDS RSI LLC                         Production            $75,000
                                     Expenses

Craig Robinson                       Talent               $70,000

Nicholas Godwyn                     Trade Debt            $57,548
H.B. Dromond

Lou's Boxworx Inc.                  Trade Debt            $52,000

CBS Broadcasting Inc.               Trade Debt            $45,330

Bexel                               Trade Debt            $45,000
Email: services@bexel.com

Boschetti Management                Trade Debt            $30,000
Group, Inc.
Email: contact@boschettigroup.c
om

GARD/JOSHUA                         Trade Debt            $25,400

International Travel Services       Trade Debt            $25,000

ATK AudioTek                        Trade Debt            $23,065

Pacifico or Clair Wireless          Trade Debt            $23,000
& Intercom, LLC

Imperial Studios                    Trade Debt            $19,000  
  
Email: hello@imperialstudio.com

Soundtronics Wireless               Trade Debt            $15,000
Email: dave@soundtronics.com

Stephen Boss Productions, Inc.      Trade Debt            $12,000
Email: nelson@btbmgmt.com

Gilbert Production Service          Trade Debt            $10,600
Email: support@gilbertproduction.net

Imagem Holding Corp                 Trade Debt             $9,562
Email: editor@rnh.com

Irving Berlin Publishing LP         Trade Debt             $9,000
Email: irvingberlin@rnh.com

Medical Clinic for Immunization     Trade Debt             $9,900

LA Party Rents Inc.                 Trade Debt             $7,500
Email: jnehus@lapartyrents.com

Metro Entertainment, Inc.           Trade Debt             $7,500

Children In Film, Inc.              Trade Debt             $6,000  
         
Email: contact@childreninfilm.com

Simplify Recordings                 Trade Debt             $5,350
Email:
licensing@simplifyrecordings.com

Absolute Staging LLC                Trade Debt             $5,000

CenterPlate                         Trade Debt             $5,000

Discount Media Products LLC         Trade Debt             $5,000

Dutel Telecommunications            Trade Debt             $5,000
Email: craig@dutel.com

Rogers & Cowan                      Trade Debt             $5,000
Email: inquiries@rogersandcowan.com

High Output                         Trade Debt             $5,000
Email: rentals@highoutput.com

Cajual Entertainment, Inc           Trade Debt             $4,600
Email: Bruce Jones Jr.
       bruce@cajual.com

Matador Recordings, LLC             Trade Debt             $4,500
Email: miwaokumura@beggars.com

Postmodern Jukebox                  Trade Debt             $4,500
Productions, Inc.

Ultra Records, LLC                  Trade Debt             $4,500
Email: info@ultrarecords.com

Young Guns Publishing, LLC          Trade Debt             $4,200

Mass Appeal Records, LLC            Trade Debt             $4,200

Production Locations Inc.           Trade Debt             $4,000  
     
Email: office@productionlocations.com

Robert Sillerman                    Separation       Unliquidated
Email: rfxs1@aol.com;                 Health
Bethany.Gilmore@rfxs1.com            Benefits

Dick Clark Productions             Profit Share      Unliquidated

FOX Broadcasting Company           Profit Share      Unliquidated
Email: ira.kurgan@fox.com

Baby George                        Profit Share      Unliquidated
Productions/Marvelous
Productions
Email: hbernstein@rbz.com

Creative Artists Agency            Profit Share      Unliquidated
Email: dgrover@caa.com

FremantleMedia Group Ltd            Trade Debt       Unliquidated
Email: Gillian.Ahluwalia@frema
ntlemedia.com


AOG ENTERTAINMENT: Files for Chapter 11 Bankruptcy Protection
-------------------------------------------------------------
The owners and producers of the now defunct singing competition
series "American Idol" sought creditor protection after failing to
reach a resolution on the terms of an out-of-court restructuring
with their prepetition secured lenders.

CORE Entertainment Inc. and 47 other affiliates each filed a
Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos. 16-11087
to 16-11134, respectively) on April 28, 2016, two days prior to the
expiration of their forbearance agreement with (a) certain lenders
holding the requisite amount of loans under a first lien term loan
facility; and (b) Crestview Media Investors, L.P., as lender under
the first lien term loan facility and a second lien term loan
facility.  Pursuant to the Forbearance Agreements, the lenders
agreed to forbear from exercising their remedies on account of any
missed payments or certain alleged defaults under the Term Loan
Agreements.

As disclosed in Court documents, the Debtors had approximately $398
million of consolidated outstanding indebtedness to third parties,
as of the Petition Date, consisting of: (a) roughly $209 million
(including principal and interest) under the First Lien Term Loan
Facility with U.S. Bank National Association, as successor
administrative and syndication agent and (b) approximately $189
million (including principal and interest) under the Second Lien
Term Loan Facility with U.S. Bank.

In April 2015, U.S. Bank sent a letter to the Debtors alleging
certain defaults under the First Lien Term Loan Agreement.  U.S.
Bank further asserted that the Company's failure to cure those
defaults within a 60-day period would result in an "Event of
Default" under the First Lien Term Loan Agreement.  Because the
Debtors had not cured their purported defaults, U.S. Bank, on
behalf of the lenders under the First Lien Term Loan Facility, sent
a notice of acceleration dated June 17, 2015, demanding payment of
principal, interest and other liabilities under the First Lien Term
Loan Facility.  Counsel for the Debtors responded on June 18, 2015,
disputing the alleged defaults and rejecting the purported
acceleration.

The Company's interest payments under the First Lien Term Loan
Facility and Second Lien Term Loan Facility, totaling approximately
$10 million, became due on June 11, 2015.  While the Debtors made
the interest payment under the First Lien Term Loan Facility, they
elected not to make the interest payment under the Second Lien Term
Loan Facility.  The 30-day grace period to make the interest
payment under the Second Lien Term Loan Agreement expired on July
11, 2015.  Upon the expiration of the grace period, the Second Lien
Term Loan Facility became subject to acceleration.

                  American Idol Revenue Decline

According to Peter Hurwitz, president of CORE Entertainment, the
ultimate parent of the other Debtors, the decline in overall
economics and the announced cancellation of the 2017 season of
"American Idol" on FOX Broadcasting Company negatively impacted the
revenues and profits of the Debtors' business.

"The IDOLS platform, which has been an entertainment juggernaut
since its inception, is one of the centerpieces of the Company's
business structure.  Despite the program's longstanding success,
however, the program experienced significant ratings declines in
recent years," said Mr. Hurwitz.

By 2012, the show's rating began to weaken due, in part, to the
emergence of rival singing competition programs, according to Court
documents.  In 2014, earnings from "American Idol" decreased $15
million from the prior year.  The program suffered fee reductions
related to decreased ratings and increased production costs
attributable to new creative changes that were implemented to boost
the ailing ratings of the series, Court documents show.

In May 2015, FOX announced that it would no longer air the American
Idol series in the United States after its fifteenth season (which
began in January 2016).

            Simon Fuller and UK Recognition Proceeding

Issues surrounding the Company's relationship with Simon Fuller --
former director and chief executive officer of the 19 Entertainment
business and creator of the IDOLS, "American Idol" and "SYTYCD"
programs -- has also contributed to the Debtors' decision to
commence these Chapter 11 cases.  

On Jan. 13, 2010, Mr. Fuller left his director and officer
positions and entered into a series of agreements with the Company,
among other things securing Mr. Fuller's long-term creative
services as a consultant.  Specifically, Mr. Fuller and Debtor 19
Entertainment Limited entered into a Consultancy Deed, dated as of
Jan. 13, 2010, pursuant to which the Company engaged Mr. Fuller to
provide services, including executive producer services, in respect
of the Company's "IDOLS" and "SYTYCD" programs.  In consideration
for providing these services, Mr. Fuller received, among other
things, a profit share from each of the aforementioned programs for
the life of the programs as long as Mr. Fuller continues to provide
consulting services with respect to those programs.

On April 11, 2016, Mr. Fuller served a statutory demand on 19
Entertainment Limited demanding payment of $2,949,000 under the
Fuller Consultancy Deed.  If the statutory demand is not paid in
full within 21 of its issuance, Mr. Fuller could commence
winding-up proceedings in the United Kingdom against Debtor 19
Entertainment Limited.

The Debtors said that while they believe that the commencement of a
foreign winding-up proceeding by Mr. Fuller would be stayed
pursuant to the Bankruptcy Code's automatic stay, they are prepared
to take all precautions necessary to prevent Mr. Fuller's actions
to distract the Company's attention and resources away from its
Chapter 11 reorganization efforts or to jeopardize valuable assets
held by Debtor 19 Entertainment Limited.

To that end, in conjunction with their Chapter 11 filings in the
United States, the Debtors will commence an ancillary recognition
proceeding under the Cross-Border Insolvency Regulations 2006,
which implements the UNCITRAL Model Law in Great Britain, in the
English High Court located in London, England.  Given the fact that
the Company believes that 19 Entertainment Limited's center of main
interests is located in the United States, the Company will be
seeking recognition of these Chapter 11 cases by the UK Court as a
"foreign main proceeding."

                       First Day Motions

To enable the Debtors to operate effectively and to avoid the
adverse effects of the Chapter 11 filings, they have requested
various types of relief in "first day" motions and applications.
The Debtors are seeking permission to, among other things, use
existing cash management system, obtain debtor-in-possession
financing, use cash collateral, pay prepetition claims of certain
employees and pay critical vendor claims.

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

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

                    About AOG Entertainment

CORE Entertainment Inc. and its Debtor and non-Debtor subsidiaries
own, produce, develop and commercially exploit entertainment
content.  The Company's portfolio of world-class brands and
entertainment properties includes participation in the
"IDOL"-branded shows, including American Idol, Deutschland sucht
den Superstar, Nouvelle Star and more than fifty other franchises
shown around the world, and the popular television series "So You
Think You Can Dance".  The Company conducts its primary business
activities through its subsidiary groups, including 19
Entertainment.

The Debtors estimated assets and liabilities in the range of $100
million to $500 million.

The Debtors have hired Willkie Farr & Gallagher LLP as counsel,
Moelis & Company, LLC as financial advisor, PricewaterhouseCoopers
LLP as auditors and tax consultants and Kurtzman Carson Consultants
LLC as claims, noticing and administrative agent.

The cases are pending joint administration under AOG Entertainment,
Inc., Case No. 16-11090 before the Honorable Stuart M. Bernstein.

A hearing on the Debtors' motions and applications will be held  on
April 29, 2016, at 10:00 a.m. (prevailing Eastern Time).

Sharp Entertainment Holdings, LLC and its subsidiaries are not
Debtors and not part of this Chapter 11 process.


API TECHNOLOGIES: Steel Excel No Longer Owns Shares as of April 22
------------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Steel Excel Inc., Steel Partners Holdings L.P., SPH
Group LLC, SPH Group Holdings LLC and Steel Partners Holdings GP
Inc. disclosed that as of April 22, 2016, they have ceased to be
the beneficial owners of any shares of common stock of API
Technologies Corp.  A full-text copy of the regulatory filing is
available for free at http://is.gd/TtRSO9

                      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 of $22.29 million on $232.28
million of net revenue for the year ended Nov. 30, 2015, compared
to a net loss of $18.91 million on $226.85 million of net revenue
for the year ended Nov. 30, 2014.

As of Feb. 29, 2016, API Technologies had $334.81 million in total
assets, $253.18 million in total liabilities and $81.62 million in
shareholders' equity.

                           *     *     *

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.


ARCH COAL: Panel Hires Brian Foley as Compensation Consultant
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Arch Coal, Inc.,
et al., seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of Missouri to retain Brian Foley & Company, Inc.,
as Compensation Consultant for the Committee, nunc pro tunc to
March 30, 2016.

Brian Foley & Co. services to the Committee include:

     a. provide consulting services to the Committee and its legal
advisors as deemed appropriate and necessary in order to advise the
Committee during the course of these Chapter 11 Cases. The
Committee has initially directed Brian Foley & Co. to utilize its
expertise to review the terms of, and payments made pursuant to,
the Debtors' Incentive Plans, as well as the Debtors' deferred
compensation plan. Brian Foley & Co. may also provide expert
reporting or testimony in connection with the foregoing services.

     b. file a notice, to the extent the Committee determines it
requires additional services, of the expanded scope of its
retention with the Bankruptcy Court, and provide not less than 10
business days' notice of the expanded scope to the Debtors and the
Office of the United States Trustee for the Eastern District of
Missouri.

     c. communicate regularly with the Committee and its legal
advisors to ensure that the actual consultant services performed
are appropriate based on the status of the case and needs of the
Committee.

Brian Foley & Co. will be paid at these hourly rates:

      Brian T. Foley                     $750
      Professional Staff                 $400

Brian Foley & Co. will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Brian T. Foley, founder and Managing Director of Brian Foley &
Company, Inc., assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Brian Foley & Co. can be reached at:

       Brian T. Foley
       Brian Foley & Company, Inc.
       White Plains, New York
       Tel.: +1 914 946 9700
       E-mail: brian@brianfoleyco.com

                 About Arch Coal



Founded in 1969, Arch Coal, Inc., is a producer and marketer of
coal in the United States, with operations and coal reserves in
each of the major coal-producing regions of the Country.  As of
January 2016, it was the second-largest holder of coal reserves in
the United States, owning or controlling over five billion tons of
proven and probable reserves.  As of the Petition Date,
Arch
employed approximately 4,600 full and part-time employees.




Arch Coal, Inc. and 71 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. E.D. Mo. Case Nos. 16-40120 to
16-40191) on Jan. 11, 2016.  The petition was signed by Robert G.
Jones as senior vice president-law, general counsel and
secretary.

The Debtors disclosed total assets of $5.84 billion
and total debt of $6.45 billion.  Judge Charles E. Rendlen III has
been assigned the case.



The Debtors have engaged Davis Polk & Wardwell LLP as counsel,
Bryan Cave LLP as local counsel, FTI Consulting, Inc. as
restructuring advisor, PJT Partners as investment banker, and Prime
Clerk LLC as notice, claims and solicitation agent. 



An Official Committee of Unsecured Creditors has been appointed in
the case.  The Committee has retained Kramer Levin Naftalis &
Frankel LLP as counsel; Spencer Fane LLP as local counsel; Berkeley
Research Group, LLC as financial advisor; Jefferies LLC as
investment banker; and Blackacre LLC as coal consultant.



ARCHDIOCESE OF ST. PAUL: Committee's Bid to Hire Deloitte Denied
----------------------------------------------------------------
Judge Robert J. Kressel of the U.S. Bankruptcy Court for the
District of Minnesota denied the application filed by the Official
Committee of Unsecured Creditors appointed in the bankruptcy case
of The Archdiocese of Saint Paul and Minneapolis to retain Deloitte
Transactions and Business Analytics LLP as financial advisor.

For reasons stated orally and recorded in open court, the proposed
employment of Deloitte is not approved, Judge Kressel opined.

               About the Archdiocese of Saint Paul
                         and Minneapolis

The Archdiocese of Saint Paul and Minneapolis was originally
established by the Vatican in 1850 and serves a geographical area
consisting of 12 greater Twin Cities metro-area counties in
Minnesota, including Ramsey, Hennepin, Anoka, Carver, Chicago,
Dakota, Goodhue, Le Sueur, Rice, Scott, Washington, and Wright
counties.  There are 187 parishes and approximately 825,000
Catholic individuals in the region.  These individuals and parishes
are served by 3999 priests and 173 deacons.

The Archdiocese of St. Paul and Minneapolis filed for Chapter 11
protection (Bankr. D. Minn. Case No. 15-30125) in Minnesota on Jan.
16, 2015, saying it has large and growing liabilities related to
child sexual abuse and that its pension obligations are
underfunded.

The Debtor disclosed $45,203,010 in assets and $15,890,460 in
liabilities as of the Chapter 11 filing.

The Debtor has tapped Briggs and Morgan, P.A., as Chapter 11
counsel; BGA Management LLC d/b/a Alliance Management as financial
advisor; Lindquist & Vennum LLP as attorney.

Eleven other dioceses have commenced Chapter 11 bankruptcy cases in
the United States to settle claims from current and former
parishioners who say they were sexually molested by priests.

U.S. Trustee for Region 12 appointed five creditors to serve on the
official committee of unsecured creditors.

The U.S. Trustee appointed five creditors to serve on the Committee
of Parish Creditors.  Ginny Dwyer appointed as the acting
chairperson of the committee until such time as the members can
meet and officially elect their own person.


ARCHDIOCESE OF ST. PAUL: Sale of Ramsey Property for $3-Mil. OK'd
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Minnesota authorized
The Archdiocese of Saint Paul and Minneapolis to sell the real
property located in Ramsey County, Minnesota, to 1777 Bunker Lake
Blvd NW, LLC, for $3,275,000.

Judge Robert J. Kressel also allowed the execution of a view
easement agreement, and the execution and delivery of a lease
covering the Property.

"It is a reasonable exercise of the debtor's business judgment to
consummate the sale on the terms and conditions set forth in the
purchase agreement between the debtor and 1777 Bunker Lake," Judge
Kressel noted.

The Friends of Cathedral Hill will serve as the backup and reserve
bidder.  The Court authorized the Debtor to consummate the
transactions contemplated under the purchase agreement with the
Friends of Cathedral Hill in the event that 1777 Bunker Lake will
fail to consummate the transactions contemplated under the Purchase
Agreement.

The Debtor is also authorized to reimburse United Properties
Development Company from the proceeds of the sale for all
out-of-pocket costs and expenses incurred by United Properties to
third parties for the survey, inspections and reports prepared in
connection with the sale up to a maximum amount of $25,000.

               About the Archdiocese of Saint Paul
                         and Minneapolis

The Archdiocese of Saint Paul and Minneapolis was originally
established by the Vatican in 1850 and serves a geographical area
consisting of 12 greater Twin Cities metro-area counties in
Minnesota, including Ramsey, Hennepin, Anoka, Carver, Chicago,
Dakota, Goodhue, Le Sueur, Rice, Scott, Washington, and Wright
counties.  There are 187 parishes and approximately 825,000
Catholic individuals in the region.  These individuals and parishes
are served by 3999 priests and 173 deacons.

The Archdiocese of St. Paul and Minneapolis filed for Chapter 11
protection (Bankr. D. Minn. Case No. 15-30125) in Minnesota on Jan.
16, 2015, saying it has large and growing liabilities related to
child sexual abuse and that its pension obligations are
underfunded.

The Debtor disclosed $45,203,010 in assets and $15,890,460 in
liabilities as of the Chapter 11 filing.

The Debtor has tapped Briggs and Morgan, P.A., as Chapter 11
counsel; BGA Management LLC d/b/a Alliance Management as financial
advisor; Lindquist & Vennum LLP as attorney.

Eleven other dioceses have commenced Chapter 11 bankruptcy cases in
the United States to settle claims from current and former
parishioners who say they were sexually molested by priests.

U.S. Trustee for Region 12 appointed five creditors to serve on the
official committee of unsecured creditors.

The U.S. Trustee appointed five creditors to serve on the Committee
of Parish Creditors.  Ginny Dwyer appointed as the acting
chairperson of the committee until such time as the members can
meet and officially elect their own person.


ATK OILFIELD: E&Y Seeks Potential Buyers for Texas Assets
---------------------------------------------------------
Ernst & Young Inc., in its capacity as receiver of ATK Oilfield
Transportation Inc. and ATK Oilfield Transportation (USA) Inc., is
currently seeking parties interested in receiving information in
relation to its request for proposals as it relates to the purchase
of the assets of the companies located in both western Canada and
Midland, Texas, USA.

Assets include various equipment and rolling stock including a
fleet of specialized off road trucks used in connection with
relocating drilling rigs and various other equipment used in
operations.

To receive a copy of the information package please contact:

   Dan Woo                
   Vice President  
   Ernst & Young Inc.
   Suite 1400, 10423-101 Street
   Edmonton, Alberta T5H 0E7       
   Tel: (780) 441-4696
   Fax: (780) 428-8977
   Email: dan.woo@ca.ey.com

   Trina Sorbara
   Paraprofessional
   Ernst & Young Inc.
   Suite 1400, 10423-101 Street
   Edmonton, Alberta T5H 0E7       
   Tel: (780) 412-2393
   Fax: (780) 428-8977
   Email: trina.sorbara@ca.ey.com

              About ATK Oilfield

Headquartered in Calgary, Alberta with operations throughout
Western Canada and the Permian Basin in the United States, the
Debtors' business consists of moving drilling rigs.  The Debtors'
assets, located in Canada and the United States, consist of
various
equipment, rolling stock (trucks and trailers), contracts and
contract receivables, leased real property in Canada and Texas, as
well as owned real property located in Edson, Alberta and
Floresville, Texas.

On March 30, 2016, Alberta Treasury Branches, the Debtors' secured
creditor, filed an application for receivership with the Court of
Queen's Bench of Alberta in the Judicial Centre of Calgary,
Canada.

The Canadian Court entered on April 1, 2016, a receivership order
which provides for a stay against seizure of assets and litigation
akin to the automatic stay embodied in Section 362(a) of the
Bankruptcy Code.  Among other things, the Receivership Order
appointed Ernst & Young Inc. as the Receiver of the Debtors.

ATK Oilfield Transportation Inc. and ATK Oilfield Transportation
(USA) Inc., filed Chapter 15 petitions in the U.S. Bankruptcy
Court
for the Western District of Texas (Bankr. W.D. Tex. Case Nos.
16-70042 and 16-70043, respectively) on April 1, 2016.  The
petitions were signed by Ernst & Young, Inc., the court-appointed
receiver and authorized foreign representative of the Debtors.

Norton Rose Fulbright US LLP serves as the Receiver's counsel.

Judge Ronald B. King has been assigned the Chapter 15 case.


B&L Equipment: Hires Alexander & Associates as Special Counsel
--------------------------------------------------------------
B&L Equipment Rentals, Inc., seeks permission from the U.S.
Bankruptcy Court for the Eastern District of California to employ
Alexander & Associates as Special Counsel.

Ivan Medrano, Jesus Alfredo Cabrera, Leopoldo Alverez, and David
Melgoza file a lawsuit against the Debtor.  The complaint alleges
that the Debtor violated provisions of California Law in connection
with the employment of the Plaintiffs and that the Debtor's
violation of the law damaged the Plaintiffs.  

The Debtor denies the allegations made in the Complaint and intends
to seek a change of venue so that the Complaint can be tried in the
Kern County Superior Court if a Motion to Abstain and for Relief
from Automatic Stay to Permit Lawsuit to Proceed to Trial and
Conclusion filed by the Debtor is granted.

The Debtor has requested the Bankruptcy Court to modify the
automatic stay so that (a) the lawsuit filed against the Debtor can
proceed to trial and conclusion and (b) the validity and amount, if
any, of the Plaintiffs' claims can be determined by the Superior
Court of California.

Alexander & Associates, Attorneys at Law, represented the Debtor in
the lawsuit before the Chapter 11 filing. Alexander & Associates is
familiar with the claims made against the Debtor and Debtor's
defenses to the claims.

The professional services that Alexander & Associates will render
include representing the Debtor in all matter needed to determine
the validity and amount, if any, of the Plaintiffs' claim against
the Debtor. Such representation may include defending the Debtor in
the lawsuit filed by Plaintiffs in the Superior Court of
California, prosecuting Objections to the Claims file by the
Plaintiffs in the Bankruptcy Court, or negotiating a settlement
with Plaintiffs.

Compensation paid to Alexander & Associates will be based on the
firm's normal and usual hourly billing rates plus reimbursement for
cost incurred by it as Debtor's attorneys. Any compensation paid to
Alexander and Associates will be paid after application to and
approval by the Bankruptcy Court.

Alexander & Associates does not represent or hold any interest
adverse to the Debtor or its estate in any of the matters in which
it is to be engaged and the Debtor believes that Alexander &
Associates is "disinterested" as that term is defined under the
law.

                       About B&L Equipment

B&L Equipment Rentals, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Calif. Case No. 15-14685) on Nov. 30, 2015.  The
petition was signed by Lawrence F. Jenkins as president.  The
Debtor listed total assets of $17.14 million and total debts of
$5.02 million.  The Law Office of Leonard K. Welsh represents
the
Debtor as counsel.  The case has been assigned to Judge Rene
Lastreto II.


BAMBI DE HUMACAO: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Bambi De Humacao Inc.
        Suite 55
        Plaza Centro Mall
        R Cordero Num 200
        Caguas, PR 00725

Case No.: 16-03316

Chapter 11 Petition Date: April 27, 2016

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

Judge: Hon. Enrique S. Lamoutte Inclan

Debtor's Counsel: Alexis Fuentes Hernandez, Esq.
                  FUENTES LAW OFFICES, LLC
                  PO Box 9022726
                  San Juan, PR 00902-2726
                  Tel: (787) 722-5216
                  Fax: (787) 722-5206
                  E-mail: alex@fuentes-law.com

Total Assets: $1.03 million

Total Liabilities: $1.46 million

The petition was signed by Milagros Ortiz Baerga, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/prb16-03316.pdf


BLANKENSHIP FARMS: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: Blankenship Farms, LP
        102 Phillip Wallace Cv
        Parsons, TN 38363

Case No.: 16-10840

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Western District of Tennessee (Jackson)

Judge: Hon. Jimmy L Croom

Debtor's Counsel: Robert Campbell Hillyer, Esq.
                  BUTLER SNOW LLP
                  6075 Poplar Ave, 5th Floor
                  Memphis, TN 38119
                  Tel: 901-680-7326
                  E-mail: cam.hillyer@butlersnow.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James Trent Blankenship, president of
TWB Management Inc.,
general partner of Debtor.

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


BLUEMONT CAPITAL: Case Summary & 13 Unsecured Creditors
-------------------------------------------------------
Debtor: Bluemont Capital Advisors, LLC
        42391 Goldenseal Square
        Brambleton, VA 20148

Case No.: 16-11496

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Eastern District of Virginia (Alexandria)

Judge: Hon. Robert G. Mayer

Debtor's Counsel: Frank Bredimus, Esq.
                  LAW OFFICE OF FRANK BREDIMUS
                  16960 Ivandale Rd.
                  Hamilton, VA 20158
                  Tel: 571-344-2278
                  Fax: 540-751-1008
                  E-mail: Fbredimus@aol.com

Total Assets: $5,975

Total Liabilities: $1.05 million

The petition was signed by Daniel Green, manager.

A list of the Debtor's 13 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vaeb16-11496.pdf


BRIGGS & STRATTON: Egan-Jones Hikes FC Sr. Unsecured Rating to BB
-----------------------------------------------------------------
Egan-Jones Ratings Company upgraded the foreign currency senior
unsecured rating on debt issued by Briggs & Stratton Corp. to BB
from BB- on April 26, 2016.

Based in Wauwatosa, Wisconsin, Briggs & Stratton Corporation
designs, manufactures, markets, and services air cooled gasoline
engines for outdoor power equipment.  The Company's engines are
aluminum alloy gasoline engines ranging from three to 25
horsepower. Briggs & Stratton markets and services its products to
original equipment manufacturers worldwide.



BTCS INC: RBSM LLP Replaces Marcum LLP as Accountants
-----------------------------------------------------
In a Form 8-K report filed with the Securities and Exchange
Commission, BTCS Inc. disclosed that it dismissed its independent
registered public accounting firm Marcum LLP effective on April 21,
2016.  The dismissal was approved by the Board of Directors of the
Company.

Marcum's reports on the financial statements of the Company for the
years ended Dec. 31, 2015, and 2014 did not contain any adverse
opinion or a disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting principles,
except that the reports stated that substantial doubt was raised
about the Company's ability to continue as a going concern as of
Dec. 31, 2014 and 2015.

According to the Company, in connection with the audits of the
fiscal years ended Dec. 31, 2015, and 2014, there were (1) no
disagreements with Marcum on any matter of accounting principles or
practices.

On April 21, 2016, the Company engaged RBSM LLP as its independent
registered public accountant effective immediately.  The engagement
was approved by the Board.  During the fiscal years ended Dec. 31,
2015, and 2014, the Company did not consult with RBSM regarding (1)
the application of accounting principles to a specified
transaction, (2) the type of audit opinion that might be rendered
on the Company’s financial statements, (3) written or oral
advice.

                         About BTCS

BTCS is an early entrant in the digital currency ecosystem and one
of the first U.S. publicly traded companies to be involved with
digital currencies.  On July 24, 2015, the Company effected a
change in its name from Bitcoin Shop, Inc. to BTCS Inc.  
On Aug. 3, 2015, the Company's common stock began trading on the
OTC Markets under the new name and with a new CUSIP (05581M 107),
but retained the stock symbol "BTCS."

The Company incurred a net loss of $10.04 million in 2015 following
a net loss of $14.75 million in 2014.  As of Dec. 31, 2015, BTCS
had $3.23 million in total assets, $6.02 million in total
liabilities and a total stockholders' deficit of
$2.78 million.

Marcum LLP, in New York, NY, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2015, citing that the Company has suffered recurring losses
from operations and needs to raise additional funds to meet its
obligations and sustain its operations.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


BUFFETS LLC: Bid to Hire Auctioneer and Sell Property Withdrawn
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Texas granted
Buffets, LLC, et al.'s request to withdraw their emergency motion
to (i) retain and pay auctioneer, and (ii) sell certain property
free and clear of all liens, claims and encumbrances.  Judge Ronald
B. King, however, noted that all relief not expressly granted in
his order is denied.

                        About Buffets LLC

Buffets LLC, et al., are one of the largest operators of
buffet-style restaurants in the U.S.  The buffet restaurants,
located in 25 states, principally operate under the names Old
Country Buffet(R), Country Buffet(R), HomeTown(R) Buffet, Ryan's(R)
and Fire Mountain(R).  These locations primarily offer self-service
buffets with entrees, sides, and desserts for an all-inclusive
price.  In addition, Buffets owns and operates an 10-unit full
service, casual dining chain under the name Tahoe Joe's Famous
Steakhouse(R).

Buffets Holdings, Inc., filed for Chapter 11 relief in January 2008
and won confirmation of a reorganization plan in April 2009.  In
January 2012, Buffets again sought Chapter 11 protection and
emerged from bankruptcy in July 2012.

In Aug. 19, 2015, Alamo Ovation, LLC acquired Buffets Restaurants
Holdings, Inc., and as a result of the merger, Buffets operated
over 300 restaurants in 35 states.

Down to 150 restaurants in 25 states after closing unprofitable
locations, Buffets LLC and its affiliated entities sought Chapter
11 protection (Bankr. W.D. Tex. Case No. Lead Case No. 16-50557) in
San Antonio, Texas, on March 7, 2016.  The cases are assigned to
Judge Ronald B. King.

The Debtors have tapped Akerman, LLP as counsel, Bridgepoint
Consulting, LLC as financial advisor and Donlin, Recano & Company
as claims and noticing agent.


BX ACQUISITIONS: Port Authority Agreed to Limit Claim, Court Rules
------------------------------------------------------------------
Judge John P. Gustafson of the U.S. Bankruptcy Court for the
Northern District of Ohio, Western Division, after review of the
record, found that the Toledo-Lucas County Port Authority, the
Official Committee of Unsecured Creditors, and BX Acquisitions,
Inc., were in agreement, or that their "minds met," regarding the
only material term at issue: whether the Port Authority waived its
right to pursue an administrative expense claim other than the one
explicitly set forth in the Agreement.

Any discussions between the parties regarding changes in terms did
not relate to Paragraph 7 of the January 22, 2016 e-mail, Judge
Gustafson held.  Although the Port Authority disputes that it
agreed to that section of the agreement, this court follows
Brockwell v. Beachwood City Sch. Dist., 2008 WL 918266, 2008 U.S.
Dist. LEXIS 32482 (N.D. Ohio Mar. 31, 2008), and finds that the
Port Authority’s objective acts, as well as the plain language of
the e- mails, reflect a settlement agreement that included the
limitation of $49,000 for the Port Authority's administrative
claim, and its right to set-off.

Accordingly, Judge Gustafson directed that a Proposed Order will be
entered without any modification to the limitation of $49,000 for
the Port Authority’s administrative claim, and its right to
set-off.

A full-text copy of Judge Gustafson's Memorandum Decision and Order
dated April 27, 2016, is available at
http://bankrupt.com/misc/BX1990427.pdf

                       About BX Acquisitions

BX Acquisitions, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Ohio Case No. 15-33538) on Nov. 2, 2015, listing
$2.15
million in total assets and $22.04 million in total liabilities.
The petition was signed by Christopher Marshall, chief financial
officer.

At the commencement of the case, the Debtor's business operation
was compromised of two components: (1) network services; and (2)
logistic services.  At the outset of this case, the Debtor
undertook efforts to discontinue and terminating the network
services segment of its business and focused efforts on
consolidating the logistics portion of the business.  Thereafter,
the Debtor focused on seeking to solidify and add to its customer
base for logistics services.  However; that ultimately proved
unsuccessful and as of Jan. 22, 2016 the cessation of its
operations.

The Debtor tapped Steven L. Diller, Esq., at Diller and Rice, LLC,
as attorney.

The Debtor disclosed $2.15 million in total assets and $22.04
million in total liabilities.


CAMPAIGN MONITOR: Moody's Cuts Corporate Family Rating to 'Caa1'
----------------------------------------------------------------
Moody's Investors Service downgraded Campaign Monitor Finance Pty
Limited's Corporate Family Rating to Caa1 from B3, Probability of
Default Rating to Caa2-PD from Caa1-PD, and the rating for the
company's first lien senior secured bank credit facilities,
consisting of a $10 million revolving credit facility expiring in
2019 and a $174 million term loan due 2021, to Caa1 from B3. The
rating outlook is stable.

The rating action was based on weaker than expected operating
performance, increased leverage, and a weakening in Campaign
Monitor's liquidity position. EBITDA margins have declined as the
company has invested in growing the business, with a focus on
expansion of its sales and marketing infrastructure and
introduction of new products. Moody's estimates Campaign Monitor's
debt to EBITDA to have increased to nearly 9.0x (inclusive of
Moody's standard adjustments) at December 31, 2015. The company's
debt to EBITDA ratio as defined in its bank credit agreement is
around 7.0x, above the maximum springing financial covenant level,
which limits its effective revolver availability to about $3
million. Moody's expects the company's credit metrics to remain
weak in the intermediate term as it invests in growth of the
business.

The following rating actions were taken:

Issuer: Campaign Monitor Finance Pty Limited

Corporate Family Rating, downgraded to Caa1 from B3;

Probability of Default Rating, downgraded to Caa2-PD from
Caa1-PD;

$10 million first lien senior secured revolving credit facility
expiring in 2019, downgraded to Caa1 (LGD3) from B3 (LGD3);

$178 million ($174 million outstanding) first lien senior secured
term loan due 2021, downgraded to Caa1 (LGD3) from B3 (LGD3);

Ratings outlook is stable.

RATINGS RATIONALE

Campaign Monitor's Caa1 CFR reflects the company's elevated
financial leverage, high business risk given its narrow focus on
providing email marketing services primarily for small & medium
businesses ("SMBs") and design agencies, as well as its small scale
as reflected in its revenue and EBITDA. The rating is also
constrained by a very fragmented, increasingly competitive and
sophisticated market for email marketing platforms, which has low
barriers to entry. Furthermore, the rating recognizes the
significant sales and marketing infrastructure and technology
investments required over the medium to long term for Campaign
Monitor to gain increased scale and relevance. Positive rating
considerations include the company's reportedly strong market
position in the design agency space, track record of organic
revenue and "paying" subscriber growth, and the favorable cash flow
characteristics of its business model. The rating is also supported
by Campaign Monitor's diverse customer base, largely variable and
flexible cost structure, still solid albeit declining EBITDA
margins, and adequate liquidity.

The stable rating outlook is based on Moody's expectation that
Campaign Monitor will sustain organic growth trends in its revenue,
while building out its sales, marketing and technology platforms
and, in the process, generating positive free cash flow and
maintaining an adequate liquidity profile.

The company has an adequate liquidity profile, supported by the
expectations of positive free cash flow generation, a cash balance
of approximately $11 million, and lack of debt maturities until
2019. However, external liquidity is constrained by limited
effective revolver availability of $3 million given that the
company's leverage exceeds its maximum springing covenant level.

The ratings could be upgraded if Campaign Monitor organically grows
its revenue and EBITDA base such that debt to EBITDA is sustained
below 5.0x. An upgrade would also require a commitment to
conservative financial policies with regards to shareholder
enhancement activities and an improvement in the company's
liquidity profile.

The ratings could be downgraded if the company's EBITDA continues
to decline, causing a further deterioration in leverage.
Additionally, revenue declines and operating performance erosion, a
decline in the "paying" subscriber base, a debt financed
acquisition/dividend causing further weakening of the credit
metrics, or a material deterioration in liquidity profile could
also put downward pressure on the rating.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in December 2014. Please see
the Ratings Methodologies page on www.moodys.com for a copy of this
methodology.

Campaign Monitor, headquartered in Sydney, Australia, is a SaaS
email marketing company that provides email design, advertising
campaign development and execution services to a geographically
diversified base of global customers, primarily in the small and
medium business ("SMB") space. In March 2014, Insight Venture
Partners ("IVP") acquired a majority interest in Campaign Monitor.


CCNG ENERGY PARTNERS: $1 Sale of Cadillac Escalade Approved
-----------------------------------------------------------
Judge Ronald B. King on April 26, 2016, entered an order
authorizing CCNG Energy Partners, LP, et al., to sell a 2015
Cadillac Escalade purchased by CCNG under a financing agreement
with U.S. Bank, to Daniel Porter, President and CEO of the general
partners of CCNG, for $1 plus the agreement to pay the remaining
amount of the debt owed to U.S. Bank.

The Debtor have sold substantially all of their valuable assets to
an affiliate of Guggenheim Corporate Funding, LLC, and have assumed
and assigned certain executory contracts and unexpired leases in
connection with the sale.  The Cadillac is not among the assets
sold to Guggenheim, and Guggenheim has not assumed any contract
with respect to the Cadillac.

Significantly more is owed on the vehicle than it is currently
worth.  Although the car was not for his use but rather the use of
another former employee of the Debtors, Mr. Porter was a
"co-buyer," and thus he also is a debtor on the U.S. Bank loan
along with CCNG.  The Debtors no longer need the vehicle, and wish
to have this debt expeditiously retired if possible.

Accordingly, the Debtors sought approval to sell their stake in the
vehicle to Daniel Porter in exchange for $1 and his agreement to
negotiate and satisfy the debt owed to the creditor with respect to
the Cadillac.

Attorneys for the Debtors:

         WALLER LANSDEN DORTCH & DAVIS, LLP
         Christopher G. Bradley, Esq.
         Eric J. Taube, Esq.
         Mark C. Taylor, Esq.
         Cleveland R. Burke, Esq.
         Christopher G. Bradley, Esq.
         100 Congress Avenue, 18th Floor
         Austin, TX 78701
         Telephone: 512/685-6400
         Telecopier: 512/685-6417
         E-mail: Eric.Taube@wallerlaw.com
                 Mark.Taylor@wallerlaw.com
                 Cleveland.Burke@wallerlaw.com
                 Christopher.Bradley@wallerlaw.com

                         About CCNG Energy

CCNG Energy Partners, L.P., et al., are engaged in the business of
(a) disposing of non-hazardous oil and gas exploration and
production waste, such as mud cuttings and other solid oilfield
waste along with waste water produced during the hydraulic
fracturing and production processes, (b) truck and oilfield
equipment cleaning services, and (c) selling recovered oil and
brine.

CCNG Energy Partners, L.P. (the "Parent"), CCNG Energy Partners
GP,
L.L.C. ("CCNG GP"), Trinity Environmental SWD, L.L.C., Trinity
Environmental Catarina SWD, L.L.C., Trinity Environmental Titan
Trucking, L.L.C., Moss Bluff Property, L.L.C. and Trinity
Environmental Services, L.L.C. (collectively, the "Operating
Subsidiaries") filed Chapter 11 bankruptcy petitions (Bankr. W.D.
Tex. Proposed Lead Case No. 15-70136) on Oct. 12, 2015. The
petition was signed by Daniel B. Porter as CEO of General Partner.

All of the Debtors' operations are performed by the Operating
Subsidiaries.

The Debtors estimated both assets and liabilities in the range of
$100 million to $500 million.

The Debtors were initially represented by Taube Summers Harrison
Taylor Meinzer Brown LLP.  After the firm's merger with Waller
Lansden Dortch & Davis, LLP, the Debtors have hired Waller Lansden
as counsel.

Judge Ronald B. King is assigned to the case.

The Debtors are engaged in the disposal of produced saltwater and
waste from the exploration and production of oil and gas.

In 2015, the Office of the U.S. Trustee appointed six creditors to
the official committee of unsecured creditors.  The creditors are
Sun Coast Resources Inc., KBK Industries, Sabine Storage &
Operations Inc., Cambrian Management Ltd., WLP Oilfield Services,
and Dolphin Services & Chemicals LLC.


CCO HOLDINGS: Moody's Assigns B1 Rating to Senior Unsecured Notes
-----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to the proposed $1
billion senior unsecured bonds of CCO Holdings, LLC ("CCOH"), a
wholly owned subsidiary of Charter Communications Inc. ("Charter" -
Ba3 Corporate Family rating, on review for upgrade). The new notes
will mature in 2026. All of CCOH's debt ratings, including the B1
rating assigned to the new senior unsecured notes, are on review
for upgrade. Existing debt ratings of CCOH were placed on review
for upgrade on May 26, 2015, following Charter's announcement to
purchase Time Warner Cable, Inc. ("TWC" - Baa2, on review for
downgrade) for approximately $80 billion. The new notes will be
senior unsecured obligations of CCOH and will rank pari passu with
its existing senior unsecured notes.

Placed Under Review for Upgrade

Assignments:

Issuer: CCO Holdings, LLC

-- Senior Unsecured Regular Bond/Debenture, Assigned a range of
    B1 (LGD5)

RATINGS RATIONALE

"Charter intends to use proceeds from the bond offering to redeem a
portion of CCOH's $600 million 7.0% Senior Notes due 2019 and $750
million 7.375% Senior Notes due 2020 and use proceeds of the 5.875%
Senior Notes due 2024, to redeem any remaining 7.0% Senior Notes
and 7.375% Senior Notes and a portion of CCOH's $1.5 billion 6.5%
Notes due 2021 and for general corporate purposes. Any redemption
of 6.5% notes due 2021 will not take place until after the company
determines the amount, if any, of the incremental cash proceeds to
TWC stockholders if they were to elect $115 per share in cash
rather than $100 per share. Moody's notes that the transaction
would be leverage neutral under both of the above scenarios as we
had incorporated in our assumptions the incremental debt associated
with the $115 per share cash election, when we placed the company's
CFR on review for upgrade. Accordingly, the B1 rating on the new
notes will not be impacted, regardless of how the company
ultimately uses proceeds from the transaction. Also, as previously
stated in prior releases, the existing B1 rating on CCO Holdings,
LLC's unsecured bonds are on review for upgrade, and if the
acquisitions (both TWC and Brighthouse) receive regulatory
approval, Moody's will likely confirm those ratings."

With its headquarters in Stamford, Connecticut, Charter currently
serves approximately 4.4 million total video subscribers, 5.6
million total high speed data subscribers and 2.8 million telephony
subscribers. Charter's revenue for the year ended 12/31/2015 was
approximately $9.8 billion.


CHEMOURS COMPANY: Moody's Confirms Ba3 Corporate Family Ratings
---------------------------------------------------------------
Moody's Investors Service confirmed the Corporate Family Ratings of
Chemours Company, (The) at Ba3, and the Probability of Default
rating at Ba3-PD. Other ratings confirmed at this time include
Chemours' senior secured term loan at Ba1 and senior unsecured
bonds at B1. The Speculative Grade Liquidity Rating is unchanged at
SGL-2. The outlook on the ratings is stable. These actions conclude
the review begun on January 27, 2016.

Ratings Confirmed:

Issuer: Chemours Company, (The)

Probability of Default Rating, confirmed Ba3-PD

Corporate Family Rating, confirmed Ba3

Senior Secured Bank Credit Facilities, confirmed Ba1 (LGD2)

Senior Unsecured Regular Bond/Debenture, confirmed B1 (LGD5)

Ratings Unchanged:

Issuer: Chemours Company, (The)

Speculative Grade Liquidity Rating, Unchanged SGL-2

Outlook Actions:

Issuer: Chemours Company, (The)

Outlook, Changed To Stable From Rating Under Review

RATINGS RATIONALE

The confirmation of the Ba3 CFR recognizes the extent to which
Chemours' metrics remain stressed for the ratings due to continued
cyclical weakness in the TiO2 pigment markets, while at the same
time Moody's recognizes the proposed industry-wide price increases
and the strong possibility that a portion of the price increase
will be realized for the first time in a while, beginning in the
second quarter of this year. Beyond that, further upside to prices
might be possible as the industry has proposed additional rounds of
price hikes. However, given the still unfavorable industry
fundamentals, Moody's believes the outlook for TiO2 prices in the
second half of this year remains uncertain and there's still a
reasonable risk that prices might slip again beyond the current
seasonally strong first half of the year.

Aside from the TiO2 impact, Chemours continues to implement
significant self-help measures including a comprehensive cost
reduction program targeting $350 million in reduced costs over the
2015 through 2017 timeframe, with as much as $200 million targeted
to be realized in 2016. In addition, the company's $150 million
EBITDA growth program includes cost and efficiency benefits from
the start-up of the new TiO2 plant in Altamira, Mexico and from
further ramp up in Opteon, Chemours new generation automotive
refrigerant with a meaningful step up in sales and EBITDA expected
in the latter part of this year to satisfy ongoing adoption in 2017
model year vehicles, mainly from European automotive OEMs.

Assuming only a modest increase in realized TiO2 prices this year,
Moody's estimates that Chemours' free cash flow is likely to be
slightly positive, ignoring impacts from working capital and asset
sales, both of which are expected to be a source of cash this year.
Furthermore, the previous reduction in the dividend supports free
cash flow while proceeds from assets sales in the chemical
solutions segment, including the recently announced sale of
Cleaning and Disinfectant products, will generate proceeds of
roughly $350-$400 million that could be available for debt
reduction this year, with additional asset sales still possible.

Chemours metrics remain weak for the rating category (leverage in
the high 6x range), and metrics have trended directionally counter
to what Moody's initially anticipated. However, the dividend cut,
asset sales, and the self-help measures from the cost reduction and
growth programs bode well for the near term outlook, meaning this
year and 2017, and our expectation for a return to the trend line
that was expected at the time of the initial rating. In short,
Moody's expects Chemours' metrics to trend towards Ba3 quality
(leverage in the low 4s or better) in 12-18 months as Chemours
management implements its strategy, and assuming only a modest
increase in TiO2 pigment prices.

PFOA litigation continues to be a risk to the credit story -- three
additional cases are on the docket for this year in Columbus, Ohio,
so headline risk is meaningful in the near term. DuPont is the
defendant and responsible for any settlements or judgments while
Chemours' provides indemnity to DuPont. The appeal of the Bartlett
case, which resulted in a $1.6 million verdict against
DuPont/Chemours, is important as it could alter the risk profile of
the remaining PFOA case load (in the defendants' favor). Also
important is the plan by the Judge in the Ohio Court to accelerate
the pace of trials to 40 cases per year beginning as soon as May
2017. See Moody's PFOA report (Chemours Co., DuPont: Accelerated
PFOA Case Schedule Heightens Litigation Risk, 22 Feb 2016).

Chemours' SGL-2 rating indicates good liquidity and reflects its
ability to meet 100% of its internal needs from cash and cash flow;
the amended $750 million (previously $1 billion) revolver is not
expected to be drawn at year end. Working capital typically
consumes cash in the first half of the year, but is a significant
source of cash in the second half and may be applied to TLB
reduction. The term loan is subject to $15 million in required
annual principal payments from 2016 to 2020. As of December 31,
2015, cash balances were $366 million, with approximately $620
million available for borrowing under the revolver (undrawn, but
availability reduced by $129 million in LOCs). The revolver's
amended covenants allow for pro forma add-backs and have been reset
to a maximum secured net debt/EBITDA ratio of 3.5x and minimum
interest coverage ratio of 1.75x. The TLB does not have maintenance
covenants.

The stable outlook anticipates an improving trend line in both
EBITDA and metrics and assumes successful cost reduction actions, a
modest increase in TiO2 prices, and continued ramp up in Opteon
sales. The stable outlook also assumes the PFOA litigation does not
impinge on Chemours' cash flow in the next 2-3 years and that the
scale and geography of this problem do not meaningfully expand
beyond the current case load of roughly 3,500 cases in the Ohio and
West Virginia regions.

Moody's could raise the ratings if debt/EBITDA (including Moody's
adjustments) were to improve to 3.6x and RCF/debt were to improve
to 14%, again both on a sustained basis, but only if there's better
visibility in the potential liability associated with PFOA
litigation.

Moody's could lower the ratings if debt/EBITDA (including Moody's
adjustments to pensions and operating leases) fails to improve on a
sustained basis to under 4.2x, or RCF/debt fails to improve to 9%,
within a reasonable time period. Adverse developments in the PFOA
litigation that manifest in a meaningful liability before
improvement in Chemours' financial stature, or that consume
significant cash and impede management's ability to improve
metrics, could also result in a downgrade.



CINQUE TERRE: Chapter 15 Case Summary
-------------------------------------
Chapter 15 Petitioner: Stuart C Mackeller, Liquidator

Chapter 15 Debtor: Cinque Terre Financial Group Limited
                   Palm Grove House, 2nd Floor
                   Road Town
                   British Virgin Islands

Chapter 15 Case No.: 16-11086

Type of Business: Purports to have been engaged in the business of
                  international oil transactions

Chapter 15 Petition Date: April 27, 2016

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

Chapter 15 Petitioner's Counsel: Eugene F. Getty, Esq.
                                 KELLNER HERLIHY GETTY &
                                 FRIEDMAN, LLP
                                 470 Park Avenue South
                                 7th Floor North
                                 New York, NY 10016
                                 Tel: (212) 889-2821
                                 Fax: (212) 684-6224
                                 E-mail: efg@khgflaw.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


CLAIRE'S STORES: Incurs $236 Million Net Loss in Fiscal 2015
------------------------------------------------------------
Claire's Stores, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$236.43 million on $1.40 billion of net sales for the fiscal year
ended Jan. 30, 2016, compared to a net loss of $211.97 million on
$1.49 billion of net sales for the fiscal year ended Jan. 31,
2015.

As of Jan. 30, 2016, Claire's Stores had $2.21 billion in total
assets, $2.79 billion in total liabilities and a $580.24 million
stockholders' deficit.

"If we default on our obligations to pay our other indebtedness,
the holders of our debt could exercise rights that could have a
material effect on us.

"If we are unable to generate sufficient cash flow and are
otherwise unable to obtain funds necessary to meet required
payments of principal, premium, if any, and interest on our
indebtedness, or if we otherwise fail to comply with the various
covenants, including financial and operating covenants in the
instruments governing our indebtedness, we could be in default
under the terms of the agreements governing such indebtedness.  In
the event of such default,

   * the holders of such indebtedness may be able to cause all of
     our available cash flow to be used to pay such indebtedness
     and, in any event, could elect to declare all the funds    
     borrowed thereunder to be due and payable, together with
     accrued and unpaid interest;

   * the holders of our secured indebtedness (including our U.S.
     Credit Facility and certain of our Notes) could institute
     foreclosure proceedings against our assets;

   * the lenders under our U.S. Credit Facility could elect to
     terminate their commitments thereunder and cease making
     further loans under that facility;

   * the lenders under our Europe Credit Facility could elect to
     terminate their commitments thereunder and cease making
     further loans under that facility; and

   * we could be forced into bankruptcy or liquidation," the
     Cmpany stated in the report

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

                      http://is.gd/PrBED1

                     About Claire's Stores

Claire's Stores, Inc. -- http://www.clairestores.com/-- operates
as a specialty retailer of fashion accessories and jewelry for
preteens and teenagers, as well as for young adults in North
America and internationally.  It offers jewelry products that
comprise costume jewelry, earrings, and ear piercing services; and
accessories, including fashion accessories, hair ornaments,
handbags, and novelty items.

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

                           *     *     *

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

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


COAST BRIDGE LOGISTICS: Seeks to Sell Trucks to Drivers, POTI
-------------------------------------------------------------
Coast Bridge Logistics, Inc., filed with the United States
Bankruptcy Court for the Central District of California a motion to
sell:

     (i) 11 of its trucks to certain independent contractor drivers
who are currently leasing the trucks from the Debtor pursuant to
unexpired lease agreements, and

    (ii) substantially all of the other trucks, chassis and
trailers,

to Pacific Ocean Transportation, Inc., a California corporation and
an affiliate of the Debtor ("POTI"), subject to overbids.

Currently, 11 of the Debtor's trucks (collectively, the "Leased
Trucks") are being leased by the Debtor to certain independent
contractor drivers (collectively, the "Drivers") pursuant to
unexpired lease agreements.  The Debtor is seeking Court approval
to sell the Leased Trucks to the Drivers for aggregate
consideration of $271,000 cash, free and clear of all liens,
claims, interests and encumbrances, and in accordance with the
terms and conditions set forth in the individual written sale
agreements

In addition, an affiliate of the Debtor, Pacific Ocean
Transportation, Inc., a California corporation ("POTI"), has agreed
to act as a stalking horse bidder to purchase the Debtor's trucks,
chassis and trailers, other than the Leased Trucks (collectively,
the "Equipment Assets") for a combination of cash ($295,300) and
debt assumption ($966,000), for total consideration of $1,261,300.
POTI has agreed that its offer to purchase the
Equipment Assets will be subject to overbid.

The Debtor also interested in obtaining the maximum value for the
Equipment Assets.  Accordingly, the Debtor is seeking to have the
proposed sale of the Equipment Assets to POTI be subject to better
and higher bids.  However, to induce POTI to submit a formal
"stalking horse" offer to purchase the Equipment Assets, POTI is
requiring that certain overbid procedures be implemented in
connection with the sale of the Equipment Assets:

   * Any party interested in submitting an overbid for the
Equipment Assets or any portion thereof ("Overbid") must, not later
than 4:00 p.m. (Pacific time) on Wednesday, May 11, 2016 (the
"Overbid Deadline"), deliver such overbid in writing to counsel for
the Debtor (Juliet Y. Oh, Esq., Levene, Neale, Bender, Yoo & Brill
L.L.P., 10250 Constellation Blvd., Suite 1700, Los Angeles,
California 90067, E-mail: JYO@LNBYB.com, Facsimile (310)
229-1244),

   * If one or more qualified Overbids are received, an auction of
the Equipment Assets ("Auction") will be conducted by the Debtor
and its counsel, Levene, Neale, Bender, Yoo & Brill L.L.P.
("LNBYB") at the offices of LNBYB located at 10250 Constellation
Boulevard, Suite 1700, Los Angeles, California 90067, on Friday,
May 13, 2016, commencing at 10:00 a.m. (Pacific time).

   * The winning bidder(s) will have until the first business day
that is seven days after the date of entry of a sale order to
consummate the sale of the Equipment Assets.

The Debtor will be authorized to pay the cash proceeds generated
from the sale of the Leased Trucks and the sale of the Equipment
Assets directly to the Debtors' secured lenders (i.e., PEB, Wells
Fargo and Community Bank) in full or partial satisfaction of such
lenders' secured claims.  Specifically, the Debtor will be
authorized to pay the following amounts to the Debtor's secured
lenders from the sales of such lenders' respective collateral:

                            Total Est.
          Lender/Loan     Cash Proceeds     Est. Cash Payment
          -----------     -------------     -----------------
     Wells Fargo              $40,000              $30,782
     Community Bank          $113,000              $87,703
     PEB – SBA Loan #1       $346,300             $346,300
     PEB – SBA Loan #2        $67,000              $67,000
     PEB – SBA Loan #3             $0                   $0

Attorneys for the Debtor:

         David L. Neale
         Juliet Y. Oh
         Jeffrey S. Kwong
         LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
         10250 Constellation Boulevard, Suite 1700
         Los Angeles, California 90067
         Telephone: (310) 229-1234
         Facsimile: (310) 229-1244
         E-mail: dln@lnbyb.com
                 jyo@lnbyb.com
                 jsk@lnbyb.com

                   About Coast Bridge Logistics

Coast Bridge Logistics, Inc., which was formed in 2004, is a
privately owned and operated interstate for-hire motor carrier
headquartered in Compton, California and offers local truckload and
less-than-truckload freight transportation, United States
Customs-bonded freight trucking, intermodal drayage (i.e., the
transport of containerized cargo to and from the Ports of Long
Beach and Los Angeles), and public warehousing services.

Coast Bridge owns and operates a fleet of trucks, chassis and
trailers, and utilizes independent contractor truck drivers to
transport shipments for the Debtor's customers to and from the
Ports of Long Beach and Los Angeles and to destinations throughout
the state of California.

Coast Bridge Logistics sought Chapter 11 protection (Bankr. C.D.
Cal. Case No. 15-17066) in Los Angeles, on May 1, 2015.

The case judge is Hon. Vincent P. Zurzolo.

William P Fennell, Esq., at Law Office of William P. Fennell, APLC,
serves as counsel.

The Debtor disclosed $2.39 million in total assets and $2.86
million in liabilities.


D.P.A. INVESTORS: Case Summary & 5 Unsecured Creditors
------------------------------------------------------
Debtor: D.P.A. Investors, LLC
        23476 Palm Drive
        Calabasas, CA 91302

Case No.: 16-11263

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Central District of California (San Fernando Valley)

Judge: Hon. Victoria S. Kaufman

Debtor's Counsel: Robert D Bass, Esq.
                  GREENBERG & BASS LLP
                  16000 Ventura Blvd Ste 1000
                  Encino, CA 91436
                  Tel: 818-382-6200
                  Fax: 818-986-6534
                  E-mail: rbass@greenbass.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Parvin Anand, managing member.

A list of the Debtor's five largest unsecured creditors is
available for free at:

     http://bankrupt.com/misc/cacb16-11263.pdf


DIAMOND ENTERPRISES: Case Summary & 11 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Diamond Enterprises of Rochester, LLC
        50148 Hedgeway Dr
        Utica, MI 48317

Case No.: 16-46391

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Eastern District of Michigan (Detroit)

Judge: Hon. Marci B McIvor

Debtor's Counsel: Jeffrey H. Bigelman, Esq.
                  OSIPOV BIGELMAN, P.C.
                  20700 Civic Center Drive., Ste. 420
                  Southfield, MI 48076
                  Tel: 248-663-1800
                  E-mail: jhb_ecf@osbig.com
                          yo@osbig.com

Estimated Assets: $1 million to $10 million

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

The petition was signed by Christopher Hubert, owner.

A list of the Debtor's 11 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mieb16-46391.pdf


DOOLEY'S WATER: Ch. 11 Case Dismissed for Failure to File Plan
--------------------------------------------------------------
Judge Dale L. Somers of the U.S. Bankruptcy Court for the District
of Kansas granted the motion of the U.S. Trustee to dismiss the
Chapter 11 case of In re Dooley's Water & Energy Solutions, Inc.,
for cause because the Debtor is a small business and it did not
file a plan and disclosure statement within the 300 day time limit
established by the Bankruptcy Code.

A full-text copy of Judge Somers' Memorandum Opinion and Judgement
dated April 27, 2016, is available at
http://bankrupt.com/misc/DOOLEYS1260427.pdf

Dooley's Water & Energy Solutions, Inc., sought protection under
Chapter 11 of the Bankruptcy Code on April 23, 2015 (Bankr. D.
Kan., Case No. 15-10811).  Mark J. Lazzo, Esq., represents the
Debtor.


DREAM INTERNATIONAL: Case Summary & Unsecured Creditor
------------------------------------------------------
Debtor: Dream International Holdings LLC
        510 San Marco Dr
        Fort Lauderdale, FL 33301

Case No.: 16-16073

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. John K Olson

Debtor's Counsel: Tarek K. Kiem, Esq.
                  RAPPAPORT OSBORNE RAPPAPORT & KIEM, PL
                  1300 N Federal Hwy #203
                  Boca Raton, FL 33432
                  Tel: (561) 368-2200
                  Fax: (561) 338-0350
                  E-mail: office@rorlawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by James S Coleman, manager.

The Debtor listed Dream Years IV LLC as its largest unsecured
creditor.

A full-text copy of the petition is available for free at:

              http://bankrupt.com/misc/flsb16-16073.pdf


DREAM RECOVERY: Case Summary & Unsecured Creditor
-------------------------------------------------
Debtor: Dream Recovery International LLC
        510 San Marco Dr
        Fort Lauderdale, FL 33301

Case No.: 16-16068

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. John K Olson

Debtor's Counsel: Tarek K. Kiem, Esq.
                  RAPPAPORT OSBORNE RAPPAPORT & KIEM, PL
                  1300 N Federal Hwy #203
                  Boca Raton, FL 33432
                  Tel: (561) 368-2200
                  Fax: (561) 338-0350
                  E-mail: office@rorlawfirm.com

Estimated Assets: $1 million to $10 million

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

The petition was signed by James S. Coleman, MGMR of Firebird
Renewal LLC.

The Debtor listed Dream Years IV LLC as its largest unsecured
creditor.

A copy of the petition is available for free at:

             http://bankrupt.com/misc/flsb16-16068.pdf


ETRADE FINANCIAL: Egan-Jones Hikes Sr. Unsec. Ratings to BB
-----------------------------------------------------------
Egan-Jones Ratings Company raised the foreign currency senior
unsecured rating on debt issued by E*TRADE Financial Corp. to BB
from B on April 26, 2016.  EJR also raised the local currency
senior unsecured debt rating on the Company to BB from BB-.

Based in New York, E*TRADE Financial Corporation provides online
brokerage and related products and services primarily to individual
retail investors. The Company's products and services include
investor-focused banking, primarily sweep deposits and savings
products, and asset gathering.



EXAMWORKS GROUP: Moody's Puts B2 CFR Under Review for Downgrade
---------------------------------------------------------------
Moody's Investors Service placed the ratings of ExamWorks Group,
Inc. under review for downgrade, including the company's B2
Corporate Family Rating, B2-PD Probability of Default Rating, as
well as the B3 rating on its senior unsecured notes. In addition,
Moody's has affirmed the company's Speculative Grade Liquidity
Rating of SGL-1. The review was initiated by the announcement on
April 27, 2016 that Leonard Green & Partners has entered into a
definitive agreement to acquire ExamWorks' for $35.05 per share in
cash, representing a purchase price of about $2.2 billion.

Although financing details have not been provided, Moody's expects
that financial leverage will increase as a result of the
acquisition of the company by Leonard Green & Partners. Moody's
review of the ratings will focus primarily on the financial
leverage and the capital structure that will result from the sale,
as well as ongoing operating trends at ExamWorks. Moody's will also
evaluate current and projected operating performance, as well as
the proposed ownership and governance structure.

Upon close of the transaction, repayment of the senior unsecured
notes would result in withdrawal of the ratings.

The following ratings were placed under review for downgrade:

Corporate Family rating at B2

Probability of Default Rating at B2-PD

$500 million senior unsecured notes due 2023 at B3 (LGD 4)

Rating affirmed:

Speculative Grade Liquidity Rating at SGL-1

RATINGS RATIONALE

ExamWorks' B2 Corporate Family Rating (under review for downgrade)
reflects its moderate financial leverage and rapid growth strategy,
along with modest integration risk and vulnerability to regulatory
reviews. Furthermore the company's modest revenue and use of debt
to fund acquisitions is a rating constraint. ExamWorks' rating is
supported by a leading market share within the independent medical
examination industry, solid EBITDA margins and diversity of its
customer base.

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

Headquartered in Atlanta, GA, ExamWorks, Inc. is a leading provider
of independent medical examinations (IME), consisting of peer
reviews, bill reviews and IME-related services to the insurance and
legal industries, third-party administrators, self-insured parties
and federal and state agencies. The company's portfolio of services
include medical assessment programs designed to meet the specific
needs of certain customer groups. These include first-party
insurers, attorneys, municipalities and third-party administrators.
Examinations pertain largely to workers' compensation, automobile,
no-fault liability, short-term and long-term disability, group
health and no-fault claims. Revenue for the fiscal year ended
December 31, 2015 was $820 million.



FAIRCHILD SEMICONDUCTOR: Egan-Jones Cuts Sr. Unsec. Rating to BB
----------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Fairchild Semiconductor
International to BB from BB+ on April 26, 2016.

Based in San Jose, California, Fairchild Semiconductor
International, Inc., is a global supplier of high performance
products that minimize, convert, manage and distribute power for
multiple end markets.  The Company's focus is on developing power
and interface solutions for a broad range of electronic devices.
Fairchild Semiconductor components are used in computing,
communications, and other applications.



FILL IT UP LLC: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Fill It Up, LLC
        4562 Spring Place Cove West
        Olive Branch, MS 38654

Case No.: 16-11448

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Northern District of Mississippi (Aberdeen)

Judge: Hon. Jason D. Woodard

Debtor's Counsel: Robert Gambrell, Esq.
                  GAMBRELL & ASSOCIATES, PLLC
                  101 Ricky D Britt Blvd., Suite 3
                  Oxford, MS 38655
                  Tel: 662-281-8800
                  E-mail: rg@ms-bankruptcy.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Steven P. Beene, managing member.

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


FIREBIRD RENEWAL: Case Summary & Unsecured Creditor
---------------------------------------------------
Debtor: Firebird Renewal LLC
        370 Northern Boulevard
        Great Neck, NY 11021

Case No.: 16-16074

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. John K. Olson

Debtor's Counsel: Tarek K. Kiem, Esq.
                  RAPPAPORT OSBORNE RAPPAPORT & KIEM, PL
                  1300 N Federal Hwy #203
                  Boca Raton, FL 33432
                  Tel: (561) 368-2200
                  Fax: (561) 338-0350
                  E-mail: office@rorlawfirm.com

Estimated Assets: $1 million to $10 million

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

The petition was signed by James S Coleman, manager.

The Debtor listed Dream Years IV LLC as its largest unsecured
creditor.

A full-text copy of the petition is available for free at:

           http://bankrupt.com/misc/flsb16-16074.pdf


FLORHAM PARK: New Organizational Meeting Date Set for May 12
------------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, will be
holding an organizational meeting in the bankruptcy case of Florham
Park Surgery Center, LLC, on May 12, 2016, at 2:00 p.m.

As of presstime, the U.S. Trustee notes that the meeting will be
held at:

         United States Trustee's Office
         One Newark Center, 1085 Raymond Blvd.
         21st Floor, Room 2106
         Newark, NJ 07102

The U.S. Trustee previously published a notice relaying that the
organizational meeting was set for May 2, 2016, at 10:00 a.m.

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors
pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and
provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States
Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to
serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee
may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.



FRANKLIN GRAHAM LOCKE: Selling Vehicles, Ski Boat for $254,000
--------------------------------------------------------------
Franklin Graham Locke on April 26, 2016, filed with the U.S.
Bankruptcy Court for the Middle District of Tennessee an expedited
motion to sell 2011 Mercedes SLS, a 2013 Mercedes C63 4-door Sedan,
a 2014 Ducati Diavel Motorcyle, and a 2014 Centurion Enzo FX44
24-foot Ski Boat to Greg Tolson.  The Debtor further moves for an
order directing the sale proceeds to be paid to the Internal
Revenue Service for the tax period ending December 31, 2013.

GT Auto Lounge, a California based auto dealer specializing in
luxury and classic cars, has emerged as a buyer (the "Buyer").  The
owner of GT Auto Lounge, Greg Tolson, II, a California resident, is
in Tennessee for approximately 24 hours and has offered to purchase
the Vehicles and Watercraft for $254,000 in the form of a wire
transfer.  Such offer is limited in time and conditioned upon GT
Auto Lounge being able to haul the assets back to California, at
its own expense, on April 26, 2016.

The Internal Revenue Service has filed a Proof of Claim in this
case in the amount of $847,325.  Of the total amount claimed, the
Service asserts a balance of $245,827 is due and owing for the tax
period ending Dec. 31, 2013.

                    About Franklin Graham Locke

Franklin Graham Locke filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Tenn. Case No. 16-01893) on March 16, 2016.  

The Debtor and Kristin Locke were, and still remain, parties to a
divorce proceeding pending before the Fourth Circuit Court for
Davidson County, Tennessee styled Dr. Franklin Graham Locke v.
Kristin Stegall Locke, Docket No. 15D-194.  In the Divorce
Proceeding, and prior to the filing of the bankruptcy case, an
order was entered requiring the sale of certain personal property.

The Debtor's attorneys:

         Timothy G. Niarhos
         Gray Waldron
         LAW OFFICE OF TIMOTHY G. NIARHOS
         321 29th Avenue North
         Nashville, Tennessee 37203
         Tel: (615) 320-1101
         Fax: (615) 320-1102
         E-mail: tim@niarhos.com
                 gray@niarhos.com


FRESH & EASY: Selling Full Liquor License to JPN Mart for $13,000
-----------------------------------------------------------------
Fresh & Easy, LLC's attorneys on April 25 filed with the U.S.
Bankruptcy Court for the District of Delaware a notice disclosing
that the Debtor is selling a Full Liquor License (No. 539755) to
JPN Mart for $13,000.  If no objections are received by the Debtor,
then the Debtor may proceed with the proposed sale in accordance
with the terms of the Court's Dec. 3, 2015 order approving the sale
of miscellaneous assets.

                        About Fresh & Easy

Fresh & Easy, LLC, a chain of grocery stores in the Southwest
United States, filed a Chapter 11 bankruptcy petition (Bankr. D.
Del., Case No. 15-12220) on Oct. 30, 2015.  The petition was signed
by Peter McPhee, the chief financial officer.  The Debtor estimated
assets of $10 million to $50 million and liabilities of at least
$100 million.

Judge Christopher S. Sontchi is assigned to the case.

The Debtor has engaged Cole Schotz P.C. as counsel, Epiq Bankruptcy
Solutions, LLC, as claims and noticing agent, DJM Realty Services,
LLC, and CBRE Group, Inc., as real estate consultants and FTI
Consulting, Inc., as restructuring advisors.

                           *     *     *

The Debtor has undertaken the process of liquidating the estate's
assets located at its retail locations and distribution center with
the assistance of Hilco Merchant Resources, LLC, and Industrial
Assets Corp., respectively, has engaged DJM Realty Services, LLC,
and CBRE, Inc., to market its leasehold interests, and has recently
engaged Hilco Streambank to assist with the disposition of its
intellectual property.

As part of the claims process, a bar date of Feb. 19,
2016, was established by the Court for creditor claims.


GEORGE MARTIN ANAST: Selling Sandy Hill Animal Clinic for $1.8M
---------------------------------------------------------------
George Anast and Cheryl Anast on April 26, 2016, filed with the
U.S. Bankruptcy Court for the District of Nevada a motion to sell
the estate's interest in property, consisting of a veterinary
practice, operated as a sole proprietorship of the Debtors also
known as Sandy Hill Animal Clinic.

On March 22, 2016, Pet Partners LLC executed and delivered a letter
of intent to purchase the Practice for the sum of at least $1.8
million.  The $1.8 million will be paid after an ongoing due
diligence review period.  Additional benchmark payments will be
paid after 3 and 5 years post-sale, based upon revenue amounts.
Per the Letter of Intent, the purchaser intends to employ George
Anast as a staff veterinarian, at a salary of $100,000 per year, to
assist in the transition of the business and to continue the
goodwill of the Practice.  The purchaser intends to continue to
operate the Practice at the current location and enter into a
written 10-year lease at a rate of $80,000 per year with the Debtor
to use the building.  The anticipated closing date is 90 days from
the execution of a purchase agreement.

The Debtors say that the sale proceeds would be sufficient to
satisfy the secured and priority tax lien claims and the payment of
the secured debt on the building.  IT is believed that the there
would be additional equity available to distribute to unsecured
creditors.  Any sale proceeds will be held by the Debtors and
distributed pursuant to a plan of reorganization.

A hearing on the Debtors' motion is scheduled for June 8, 2016, at
1:30 p.m.

Attorney for the Debtors:

         Timothy P. Thomas
         LAW OFFICE OF TIMOTHY P. THOMAS, LLC
         1771 E. Flamingo Rd. Suite B-212
         Las Vegas, NV 89119
         Tel: (702) 227-0011
         Fax: (702) 227-0334

George Martin Anast and Cheryl Anast filed a Chapter 11 petition
(Bankr. D. Nev. Case No. 15-16961) on Dec. 17, 2015.


GO YE VILLAGE: Court Approves Morrel as Accountant
--------------------------------------------------
Go Ye Village, Inc., seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Oklahoma to employ Reece B. Morrel Jr.
as accountant to the Debtor.

Go Ye Village requires Morrel to:

   A. review and evaluate the prior usage of Microsoft Dynamics
      GP ("MDGP")

   B. determine what information is processed through MDGP and
      what information is processed by hand.

   C. migrate to a more suitable accounting platform.

   D. prepare financial statements and management reports.

   E. provide budget analysis, review and performance evaluation.

   F. make expense reduction and revenue enhancement
      recommendations.

   G. provide forensic analysis, as and if needed.

   H. provide other accounting services as requested by Debtor.

Morrel will be paid at these hourly rates:

     Reece B. Morrel Jr.            $175

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

Reece B. Morrel Jr., accountant, assured the Court that the firm is
a "disinterested person" as the term is defined in Section 101(14)
of the Bankruptcy Code and does not represent any interest adverse
to the Debtors and their estates.

Reece B. Morrel Jr.can be reached at:

     Reece B. Morrel Jr., CPA
     6846 South Canton Avenue, Suite 200
     Tulsa, OK 74716-3400
     Tel: (918) 664-0800

                     About Go Ye Village

Go Ye Village, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
E.D. Okla Case No. 15-81287) on Nov. 30, 2015. The petition was
signed by Maurice D. Turney as president. The Debtor disclosed
total assets of $24.48 million and total debts of $36.18 million.
Doerner, Saunders, Daniel & Anderson, LLP serves as the Debtor's
counsel. Judge Tom R. Cornish is assigned to the case.

The U.S. Trustee for Region 20 on March 23 filed an amended notice
of appointment of Go Ye Village Inc.'s official committee of
unsecured creditors. The U.S. Trustee also appointed a patient care
ombudsman in the Debtors' bankruptcy case.


GOODRICH PETROLEUM: U.S. Trustee Forms 6-Member Committee
---------------------------------------------------------
The Office of the U.S. Trustee on April 27 appointed six creditors
of Goodrich Petroleum Corporation to serve on the official
committee of unsecured creditors.

The committee members are:

     (1) Wilmington Trust N.A.
         Attn: Peter Finkel, Vice President,
         Global Capital Markets
         50 South Sixth Street, Suite 1290
         Minneapolis, MN 55042
         Phone: (612) 217-5629
         Fax: (612) 217-5651
         pfinkel@wilmingtontrust.com

     (2) UBS O'Connor LLC
         Attn: Andrew Martin, Managing Director
         299 Park Avenue, 24th Floor
         New York, NY 10171
         Phone: (212) 821-2787
         Fax: (212) 821-6534
         andy.martin@ubs.com

     (3) Phoenix Investment Advisor LLC
         Attn: Mike Beck, Senior Research Analyst
         420 Lexington Ave, Suite 2040
         New York, NY 101709
         Phone: (212) 359-6218
         Fax: (212) 954-5359
         mbeck@phoenixinvadv.com

     (4) CVC Credit Partners
         Attn: Frances Ward, Investment Director
         712 5th Avenue, 42nd Floor
         New York, NY 10019
         Phone: (212) 776-4265
         fward@cvc.com

     (5) Thomas J. Spackman
         3308 Caruth Blvd.
         Dallas, TX 75225
         Phone: (214) 515-1450
         tspackman@mexcap.com

     (6) Michael Rowe
         1314 Headquarters Plantation Dr.
         Johns Island, SC 29455
         Phone: (908) 461-1379
         merowe101@gmail.com

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

                          About Goodrich

Goodrich Petroleum Corporation is an independent oil and natural
gas company engaged in the exploration, development and production
of oil and natural gas on properties primarily in (i)  Southwest
Mississippi and Southeast Louisiana, which includes the Tuscaloosa
Marine Shale Trend, (ii) Northwest Louisiana and East Texas, which
includes the Haynesville Shale, and (iii) South Texas, which
includes the Eagle Ford Shale Trend.

Goodrich Petroleum and its subsidiary Goodrich Petroleum Company,
L.L.C. filed voluntary petitions on April 15, 2016, in the United
States Bankruptcy Court for Southern District of Texas to pursue a
pre-packaged Chapter 11 plan of reorganization.  The Debtors have
filed a motion with the Court seeking joint administration of the
Chapter 11 Cases under the caption In re Goodrich Petroleum
Corporation, et. al (Case No. 16-31975).

Goodrich estimated $50 million to $100 million in assets and $500
million to $1 billion in liabilities.  The petition was signed by
Robert C. Turnham, Jr., president and chief operating officer.

Bankruptcy Judge Marvin Isgur presides over the case.  

Bradley Roland Foxman, Esq., Garrick Chase Smith, Esq., Harry A.
Perrin, Esq., David S. Meyer, Esq., and Lauren R. Kanzer, Esq., at
Vinson & Elkins LLP, serve as the Debtors' counsel.  Lazard Freres
& Co. LLC, serves as the Debtors' investment banker while BMC
Group, Inc., serves as notice, claims and balloting agent.


GREEN BOX NA: Case Summary & 15 Unsecured Creditors
---------------------------------------------------
Debtor: Green Box NA Green Bay, LLC
        2077 B Lawrence Road
        De Pere, WI 54115

Case No.: 16-24179

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Eastern District of Wisconsin (Milwaukee)

Judge: Hon. Beth E. Hanan

Debtor's Counsel: Paul G. Swanson, Esq.
                  STEINHILBER, SWANSON, MARES, MARONE & MCDERMOTT
                  107 Church Avenue
                  P.O. Box 617
                  Oshkosh, WI 54903-0617
                  Tel: 920-426-0456
                  E-mail: pswanson@oshkoshlawyers.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Ronald Van Den Heuvel, manager.

A list of the Debtor's 15 largest unsecured creditors is available
for free at http://bankrupt.com/misc/wieb16-24179.pdf


GROUP 6842 LLC: Court Approves Grobstein as Financial Advisor
-------------------------------------------------------------
Group 6842, LLC, sought and obtained permission from the U.S.
Bankruptcy Court for the Central District of California to employ
Grobstein Teeple LLP as financial advisor to the Debtor, nunc pro
tunc to December 30, 2015.

Group 6842, LLC requires Grobstein to:

   - assist with short-term cash management procedures and
     liquidity forecasting, including the development and
     management of a 13-week budget; updating, monitoring and
     reporting actual activity vs. forecast and with other
     reporting that may be required by the Debtor's lenders or
     other parties-in-interest;

   - assist in identification of cost reduction and operations
     Improvement opportunities;

   - assist with leasing process including negotiations with
     potential lessees;

   - assist with potential asset sale process including
     negotiations with potential buyers, attaining and submitting
     information for buyer due diligence related to the sale,
     supplying supporting analysis and supporting completion of
     an asset purchase agreement including schedules;

   - assist with the preparation of financial and other
     information required by the Bankruptcy Court and the Office
     of the United States Trustee;

   - assist with the preparation of other financial information
     to be used in the case on behalf of the Debtor;

   - assist with or preparation of tax returns;

   - prepare additional financial analysis, as needed, to support
     business decisions;

   - interface with creditor groups and their representatives, in
     coordination with counsel to the Debtor and management, to
     mitigate and remedy creditor claims pursuant to the
     Bankruptcy Code;

   - assist with the bankruptcy process and the timely
     preparation of a plan of reorganization; and

   - engage in other financial advisory activities as
     requested by the Debtor.

Grobstein will be paid at these hourly rates:

       Title                                    Hourly Rates
       -----                                    ------------
     Howard Grobstein, Partner and Director         $425
     Kermith Boffill, Managing Consultant           $250
     Steven Roopenian, Managing Consultant          $235
     Eddie Shamas, Managing Consultant              $200
     Sophia Russo, Consultant                       $175
     Kevin Meacham, Consultant                      $150

The Firm anticipates that its monthly fees for accounting services
related to bookkeeping will not exceed $750.00, although the
monthly fees for the totality of services provided by the Firm to
the Debtor will exceed $750.00.

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

Howard Grobstein, partner and director of Grobstein Teeple LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Grobstein can be reached at:

     Howard Grobstein, Esq.
     GROBSTEIN TEEPLE LLP
     6300 Canoga Avenue, Suite 1500W
     Woodland Hills, CA 91367
     Tel: (818) 532-1020
     E-mail: hgrobstein@gtfas.com

                       About Group 6842, LLC

Group 6842, LLC, fka The Martin Groupe, Inc., is a California
limited liability company owns and manages an eight story
commercial office building located at 6842 Van Nuys Blvd., Van
Nuys, California (the "Property"). The Property is currently
generating approximately $80,000 of rent a month at a current
occupancy rate of 60%. After infusing approximately $1 million of
equity for remodeling of the Property, however, the Debtor has
recently attracted a tenant to occupy the remainder of the
Property. The Debtor is in negotiations and has reached an
agreement, in principal, with this proposed tenant to occupy the
remaining 40% of the Property, which will increase the Debtor's
monthly revenue by approximately $80,000.

Group 6842, LLC, fka The Martin Groupe, Inc. filed a Chapter 11
bankruptcy petitions (Bankr. C.D. Cal. Case No.: 15-29494)on
December 30, 2015. The petition was signed by Derek Folk, manager.

The Debtor disclosed an estimated assets of $10 million to $50
million and estimated debts of $10 million to $50 million. Judge
Ernest M. Robles has been assigned the case.

The Debtor has engaged Garrick A Hollander, Esq., of the Winthrop
Couchot Professional Corporation as general insolvency counsel.


GROUP 6842 LLC: Court Approves Winthrop as General Counsel
----------------------------------------------------------
Group 6842, LLC, sought and obtained permission from the U.S.
Bankruptcy Court for the Central District of California to employ
Winthrop Couchot Professional Corporation as general insolvency
counsel to the Debtor, nunc pro tunc to December 30, 2015.

Group 6842, LLC requires Winthrop to:

   1. advise and assist the Debtor with respect to compliance
      with the requirements of the Office of the United States
      Trustee;

   2. advise the Debtor regarding matters of bankruptcy law,
      including the rights and remedies of the Debtor in regard
      to its assets and to the claims of its creditors;

   3. represent the Debtor in any proceedings or hearings in this
      Court and in any proceedings in any other court where the
      Debtor's rights under the Bankruptcy Code may be litigated
      or affected;

   4. conduct examinations of witnesses, claimants, or adverse
      parties and to prepare, and to assist the Debtor in the
      preparation of, reports, accounts, and pleadings related to
      the Debtor's case;

   5. advise the Debtor concerning the requirements of the
      Bankruptcy Court, the Federal Rules of Bankruptcy Procedure
      and the Local Bankruptcy Rules;

   6. file any motions, applications or other pleadings
      appropriate to effectuate the reorganization of the Debtor;

   7. review claims filed in the Debtor's case, and, if
      appropriate, to prepare and file objections to disputed
      claims;

   8. assist the Debtor in the negotiation, formulation,
      confirmation, and implementation of a Chapter 11 plan;

   9. take such other action and perform such other services as
      the Debtor may require of the Firm in connection with its
      Chapter 11 case; and

  10. address any other bankruptcy-related issues that may arise
      in the Debtor's case.

Winthrop will be paid at these hourly rates:

         Attorneys                       Hourly Rates
         ---------                       ------------
         Marc J. Winthrop                   $750.00
         Robert E. Opera                    $750.00
         Sean A. O'Keefe, Of Counsel        $750.00
         Paul J. Couchot                    $750.00
         Richard H. Golubow                 $595.00
         Peter W. Lianides                  $595.00
         Garrick A. Hollander               $595.00
         Andrew B. Levin                    $395.00
         Jeannie Kim                        $375.00

            Legal Assistants               Hourly Rates

         P.J. Marksbury                     $270.00
         Legal Assistant Associates         $150.00

The Firm has received a retainer in the aggregate amount of $85,000
from the Debtor prior to the filing of this case. The amount of the
Retainer remaining as of the Petition Date is intended to cover a
portion of the Firm's post-petition fees and costs in this case.
The Firm will prepare an accounting to determine the fees and costs
that were incurred pre-petition, and if the Retainer exceeds such
pre-petition amounts, the Firm will deposit such amount into the
Firm's general account, and the balance of the Retainer will be
disbursed only pursuant to the provisions of this Application,
which mirror the provisions of the Guide to Application for
Employment of Professionals and Treatment of Retainer promulgated
by the Office of the United States Trustee (the "Fee Guide"), and
the Court's order with respect to this Application. Pursuant to the
Firm's retainer agreement, the Firm claims a security interest in
any unused portion of the Retainer.

The Debtor proposes the following procedures for the Firm to
receive payments from the Retainer, and then to receive payments of
the Firm's accruing fees and costs on a monthly basis after the
Retainer is exhausted:

   1. The Retainer will be held in the Firm's client trust
      account. No disbursements will be made from the Retainer,
      except upon the Firm's compliance with the procedures set
      forth herein.

   2. The Firm will file a copy of the Firm's monthly billing
      statements itemizing the fees and costs incurred by the
      Firm on behalf of the Debtor during the preceding month
      ("Professional Fee Statement"), and will serve copies of
      the Professional Fee Statement upon the Debtor, the U.S.
      Trustee, those parties who request special notice in the
      Debtor's case, and upon any counsel for an official
      committee of unsecured creditors ("Committee") if a
      Committee is appointed by the U.S. Trustee in this case and
      the Committee employs counsel, or, if not, upon the
      creditors holding the 20 largest general unsecured claims
      in the case.

   3. If no objection to the Professional Fee Statement is filed
      and served within ten (10) days after the service of the
      Professional Fee Statement, the Firm will withdraw from its
      trust account the amount of fees and costs represented by
      that Professional Fee Statement and will pay to itself
      those sums, or if the Retainer has been exhausted the
      Debtor may pay to the Firm the amount of such fees and
      costs, without further notice, hearing or order of the
      Court. If a written objection to the Professional Fee
      Statement is filed by a party-in-interest, the Firm will
      refrain from withdrawing the amount of the disputed funds
      from its trust account, or if the Retainer has been
      exhausted the Debtor will not pay to the Firm the amount of
      the disputed funds, until the objection has been resolved
      by the Court. Notwithstanding any objection to a
      Professional Fee Statement, the Firm may be paid any
      undisputed amount of fees and costs represented by a
      Professional Fee Statement.

   4. No fees or costs paid to the Firm pursuant to the proposed
      monthly payment procedures will be deemed to be allowed by
      the Court. No failure by any creditor or party-in-interest
      to object to any Professional Fee Statement will be deemed
      to be a waiver of any objection to the Firm's fees and
      costs represented by such Professional Fee Statement. Any
      such objection will be reserved and may be asserted by any
      creditor or other party-in-interest in connection with the
      filing of any fee application by the Firm. No fees or costs
      of the Firm will be deemed to be allowed in this case,
      except only pursuant to an order of the Court with respect
      to a fee application filed by the Firm after notice and a
      hearing.

The following is provided in response to the request for additional
information as follows:

   -- The Firm previously represented Duane Martin, who holds an
      approximate three percent minority interest in the Debtor
      and a contingency claim against the Debtor, in various
      insolvency matters. Recently, Mr. Martin filed a petition
      for relief under Chapter 7. As of the filing of that case,
      Mr. Martin owed the Firm $12,087.

Garrick A Hollander, attorney and shareholder of Winthrop
Professional Corporation, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Winthrop can be reached at:

     Garrick A Hollander, Esq.
     WINTHROP COUCHOT PROFESSIONAL CORPORATION
     660 Newport Center Dr Ste 400
     Newport Beach, CA 92660
     Tel: (949) 720-4150
     Fax: (949) 720-4111
     Email: ghollander@winthropcouchot.com

                      About Group 6842, LLC

Group 6842, LLC, fka The Martin Groupe, Inc., is a California
limited liability company owns and manages an eight story
commercial office building located at 6842 Van Nuys Blvd., Van
Nuys, California (the "Property"). The Property is currently
generating approximately $80,000 of rent a month at a current
occupancy rate of 60%. After infusing approximately $1 million of
equity for remodeling of the Property, however, the Debtor has
recently attracted a tenant to occupy the remainder of the
Property. The Debtor is in negotiations and has reached an
agreement, in principal, with this proposed tenant to occupy the
remaining 40% of the Property, which will increase the Debtor's
monthly revenue by approximately $80,000.

Group 6842, LLC, fka The Martin Groupe, Inc. filed a Chapter 11
bankruptcy petitions (Bankr. C.D. Cal. Case No.: 15-29494)on
December 30, 2015. The petition was signed by Derek Folk, manager.

The Debtor disclosed an estimated assets of $10 million to $50
million and estimated debts of $10 million to $50 million. Judge
Ernest M. Robles has been assigned the case.

The Debtor has engaged Garrick A Hollander, Esq., of the Winthrop
Couchot Professional Corporation as general insolvency counsel.


GULFMARK OFFSHORE: Incurs $91.2 Million Net Loss in First Quarter
-----------------------------------------------------------------
Gulfmark Offshore, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $91.18 million on $38.79 million of revenue for the three months
ended March 31, 2016, compared to a net loss of $5.12 million on
$89.09 million of revenue for the three months ended March 31,
2015.

As of March 31, 2016, Gulfmark had $1.22 billion in total assets,
$611.50 million in total liabilities and $612.46 million in total
stockholders' equity.

At March 31, 2016, the Company had approximately $19.7 million of
cash on hand and $479.0 million face amount outstanding under its
Senior Notes.  As of March 31, 2016, the Company had an aggregate
of approximately $155.7 million of borrowing capacity, net of
standby letters of credit, under its recently amended Multicurrency
Facility Agreement and Norwegian Facility Agreement.

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

                      http://is.gd/CifGPG

                        About Gulfmark

GulfMark Offshore, Inc., a Delaware corporation, was incorporated
in 1996.  The Company provides offshore marine support and
transportation services primarily to companies involved in the
offshore exploration and production of oil and natural gas.  The
Company's vessels transport materials, supplies and personnel to
offshore facilities, and also move and position drilling and
production facilities.  The majority of our operations are
conducted in the North Sea, offshore Southeast Asia and offshore
the Americas.  The Company currently operates a fleet of 73 owned
or managed offshore supply vessels, or OSVs, in the following
regions: 30 vessels in the North Sea, 13 vessels offshore Southeast
Asia, and 30 vessels offshore the Americas.  The Company's fleet is
one of the world's youngest, largest and most geographically
balanced, high specification OSV fleets.  The Company's owned
vessels have an average age of approximately nine years.

Gulfmark reported a net loss of $215 million in 2015 following net
income of $62.4 million in 2014.

                              *    *     *

As reported by the TCR on March 15, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on Houston-based,
marine transportation services company GulfMark Offshore Inc. to
'CCC' from 'B-'.

The TCR also reported on Feb. 26, 2016, that Moody's Investors
Service downgraded GulfMark Offshore Inc.'s (GulfMark) Corporate
Family Rating (CFR) to Caa3 from B3, Probability of Default Rating
(PDR) to Caa3-PD from B3-PD, and senior unsecured notes to Ca from
Caa1.


HOGAN MANUFACTURING: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Hogan Manufacturing LLC.

Hogan Manufacturing LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-02037) on March 3,
2016.  The Debtor is represented by Kenneth L. Neeley, Esq., at
Neeley Law Firm, PLC.


HORSEHEAD HOLDING: DTC Supports DIP Milestone Deadlines Extension
-----------------------------------------------------------------
Delaware Trust Company joins in the motion to extend the milestone
deadlines established in the Court's Final DIP Financing Order
filed by the Official Committee of Unsecured Creditors appointed in
the bankruptcy cases of Horsehead Holding Corp., and its debtor
affiliates.

Delaware Trust is the successor indenture for the $100 million
3.80% Convertible Notes Due 2017 issued under the Indenture dated
as of July 27, 2011, and a member of the Creditors Committee.

The extended DIP Milestone deadlines are as follows:

     (a) Within 55 days of the Petition Date, March 28, 2016:
         filing of a plan of reorganization that is acceptable to
         the Required Lenders and the Ad Hoc Group of Prepetition
         Senior Secured Noteholders, on the one hand, and the
         Debtors, on the other hand ("Acceptable Plan") and
         disclosure statement with respect to the Acceptable
         Plan;

     (b) Within 90 days of the Petition Date: obtain court
         approval of the Disclosure Statement;

     (c) Within 130 days of the Petition Date: obtain
         confirmation of the Acceptable Plan;

     (d) Within 132 days of the Petition Date: obtain entry of
         Canadian court order recognizing the Acceptable Plan;
         and

     (e) Within 145 days from the Petition Date (i.e. June 26,
         2016): consummation of the Acceptable Plan.

Delaware Trust is represented by:

          Jonathan L. Flaxer, Esq.
          GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP
          437 Madison Avenue
          New York, NY 10022
          Telephone: (212) 907-7327
          E-mail: jflaxer@golenbock.com

                  About Horsehead Holding Corp.

Horsehead Holding Corp. is the parent company of Horsehead
Corporation, a U.S. producer of specialty zinc and zinc-based
products and a leading recycler of electric arc furnace dust; The
International Metals Reclamation Company, LLC ("INMETCO"), a
leading recycler of metals-bearing wastes and a leading processor
of nickel-cadmium (NiCd) batteries in North America; and Zochem
Inc., a zinc oxide producer located in Brampton, Ontario.
Horsehead, headquartered in Pittsburgh, Pa., has seven facilities
throughout the U.S. and Canada.  The Debtors currently employ
approximately 730 full-time individuals.

Horsehead Holding Corp., Horsehead Corporation, Horsehead Metal
Products, LLC, The International Metals Reclamation Company, LLC,
and Zochem Inc. filed Chapter 11 bankruptcy petitions (Bankr. D.
Del. Case Nos. 16-10287 to 16-10291) on Feb. 2, 2016.  The petition
was signed by Robert D. Scherich as vice president and chief
financial officer.  Judge Christopher S. Sontchi is assigned to the
case.

The Debtors have engaged Kirkland & Ellis LLP as general counsel,
Pachulski Stang Ziehl & Jones LLP as local counsel, RAS Management
Advisors, LLC as financial advisor, Lazard Middle Market LLC as
investment banker, Epiq Bankruptcy Solutions, LLC as claims and
noticing agent and Aird & Berlis LLP as Canadian counsel.

The Debtors disclosed total assets of $1 billion and total
liabilities of $544.6 million.  As of the Petition Date, the
Debtors' consolidated long-term debt obligations totaled
approximately $420.7 million.


HORSEHEAD HOLDING: Employs BDO USA as Accountant and Auditor
------------------------------------------------------------
Horsehead Holding Corp., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ BDO USA,
LLP, nunc pro tunc to March 21, 2016, as their primary accountant
and auditor in accordance with the terms and conditions set forth
in that certain engagement letter between the Debtors and BDO USA
dated as of March 29, 2016.

The Debtors anticipate that during these Chapter 11 cases, BDO USA
will render certain accounting and auditing services, including:

   (a) perform an audit of the Debtors' consolidated financial
       statements of the Debtors for the year ended December 31,
       2015;

   (b) perform services associated with SEC registration
       statements, periodic, reports, and other documents filed
       with the SEC and assistance in responding to SEC comment
       letters; and

   (c) perform consultations on accounting matters, including
       bankruptcy accounting matters.

BDO USA may also provide such other consulting, advice, research,
planning, and analysis related to the Services, consistent with the
Engagement Letter, as may be requested from time to time by the
Debtors.

Subject to approval by the Court, and as more fully set forth in
the Engagement Letter, BDO USA and the Debtors have negotiated a
flat fee schedule totaling $545,000 (payments of which are as
follows: (a) $275,000 on the day BDO USA's engagement is approved
by the Court and (b) $270,000 due on June 15, 2016) to be paid by
the Debtors for the services of the BDO USA professionals related
to the consolidated financial audit required by the
debtor-in-possession financing agreement approved by and attached
to the final order authorizing the debtors to obtain postpetition
secured financing.

Any charges for services that are outside the scope of services to
be provided by BDO USA in connection with the Audit Payment,
including consultations in connection with accounting matters,
bankruptcy matters, and for assistance in potential future
SEC filings, will be made at BDO USA's agreed upon and customary
hourly rates:

        Title                    Rate/Hour
        -----                    ---------
        Partners/Director        $450
        Senior Manager/Manager   $340
        Senior Associate         $160
        Associate                $120

In addition to the set rates, the Debtors and BDO USA have agreed
that the Debtors will reimburse BDO USA for its reasonable and
documented out-of-pocket expenses incurred in connection with BDO
USA's performance of the Services.

Alexander Paul, the office managing partner of the Pittsburgh
office of BDO USA, assures the Court that BDO USA is a
"disinterested person," as defined in Section 101(14) of the
Bankruptcy Code.

The Court will convene a hearing on May 2, 2016, at 10:00 a.m.
(prevailing Eastern Time), to consider the application.  Objections
are due on April 25, 2016.

                  About Horsehead Holding Corp.

Horsehead Holding Corp. is the parent company of Horsehead
Corporation, a U.S. producer of specialty zinc and zinc-based
products and a leading recycler of electric arc furnace dust; The
International Metals Reclamation Company, LLC ("INMETCO"), a
leading recycler of metals-bearing wastes and a leading processor
of nickel-cadmium (NiCd) batteries in North America; and Zochem
Inc., a zinc oxide producer located in Brampton, Ontario.
Horsehead, headquartered in Pittsburgh, Pa., has seven facilities
throughout the U.S. and Canada.  The Debtors currently employ
approximately 730 full-time individuals.

Horsehead Holding Corp., Horsehead Corporation, Horsehead Metal
Products, LLC, The International Metals Reclamation Company, LLC,
and Zochem Inc. filed Chapter 11 bankruptcy petitions (Bankr. D.
Del. Case Nos. 16-10287 to 16-10291) on Feb. 2, 2016.  The petition
was signed by Robert D. Scherich as vice president and chief
financial officer.  Judge Christopher S. Sontchi is assigned to the
case.

The Debtors have engaged Kirkland & Ellis LLP as general counsel,
Pachulski Stang Ziehl & Jones LLP as local counsel, RAS Management
Advisors, LLC as financial advisor, Lazard Middle Market LLC as
investment banker, Epiq Bankruptcy Solutions, LLC as claims and
noticing agent and Aird & Berlis LLP as Canadian counsel.

The Debtors disclosed total assets of $1 billion and total
liabilities of $544.6 million.  As of the Petition Date, the
Debtors' consolidated long-term debt obligations totaled
approximately $420.7 million.


INTEGRITY TRUST: Case Summary & 14 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Integrity Trust
        Family Revocable Trust
        Trustee is Jon Cuddeback
        3246 West Lake Sammamish Parkway NE
        Redmond, WA 98052

Case No.: 16-12279

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court   
       Western District of Washington (Seattle)

Judge: Hon. Marc Barreca

Debtor's Counsel: J J. Sandlin, Esq.
                  SANDLIN LAW FIRM
                  PO Box 1707
                  Prosser, WA 99350
                  Tel: 509-829-3111
                  E-mail: sandlinlaw@lawyer.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jon Coddeback, trustee.

A list of the Debtor's 14 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vawb16-12279.pdf


JUNIPER GTL: Hires Guggenheim as Investment Banker
--------------------------------------------------
Juniper GTL LLC, seeks authority from the U.S. Bankruptcy Court for
the Southern District of Texas to employ Guggenheim Securities, LLC
as investment banker to the Debtor.

The hearing for the application is scheduled for May 9, 2016, at
9:00 a.m., Central Time, before Judge Marvin Isgur.

Juniper GTL requires Guggenheim to:

   a) review and analyze the Debtor's business, financial
      condition and prospects;

   b) assist the Debtor or participate in negotiations with the
      Debtor's vendors;

   c) advise and assist the Debtor in structuring and effecting
      the financial aspects of any Transaction or Transactions if
      the Debtor determines to undertake any Sale Transaction,
      Restructuring Transaction or any Financing Transaction.

   d) assist the Debtor in developing and preparing Offering
      Materials to be used in soliciting Acquirors with respect
      to any Sale Transaction and assist the Debtor or
      participate in negotiations with Acquirors;

   e) assist the Debtor in developing and preparing Offering
      Materials to be used in soliciting Investors with respect
      to any Financing Transaction and assist the Debtor or
      participate in negotiations with Investors;

   f) provide financial advice and assistance to the Debtor in
      developing and seeking approval of any such Restructuring
      Transaction and assist the Debtor or participate in
      negotiations with any entities or groups affected by the
      Restructuring Transaction; and

   g) participate in hearings before the Bankruptcy Court with
      respect to the matters upon which Guggenheim has provided
      advice, including, as relevant, coordinating with the
      Debtor's legal counsel with respect to testimony in
      connection therewith.

Guggenheim will be paid as follows:

* Monthly Fee. A monthly fee equal to $150,000 payable on the
   1st day of each month.

* Sale Transaction Fee. Upon consummation of any Sale
   Transaction, a fee equal to 3.5% of the Aggregate Sale
   Consideration. Notwithstanding the foregoing and
   notwithstanding the Minimum Transaction Fee, if Westlake GTL
   LLC and Richard Construction, Inc., together as the purchaser,
   or their respective designees is the Court-approved stalking
   horse and successful bidder and purchaser in connection with
   any Sale Transaction, then the Sale Transaction Fee payable to
   Guggenheim upon the consummation of any such Sale Transaction
   shall be $1,150,000 reduced by the aggregate amount of the
   first two Monthly Fees actually paid to Guggenheim after the
   petition date.

* Financing Fee. Upon the consummation of any Financing
   Transaction, a fee in an amount equal to the sum of (a) 2.0%
   of the aggregate face amount of any new debt obligations
   issued that is secured by a first lien, plus (b) 4.0% of the
   aggregate face amount of any new debt obligations that is
   secured by a second or more junior lien, plus (c) 6.0% of the
   aggregate amount or stated value of any new capital issued or
   raised by the Debtor in any Equity Financing. Notwithstanding
   the foregoing, upon the consummation of any debtor-in-
   possession financing, Guggenheim's fee for any such DIP
   Financing shall be $250,000; provided, however, no fee shall
   be payable on account of that certain DIP Financing provided
   by Westlake GTL LLC pursuant to that certain Debtor-in-
   Possession Loan and Security Agreement dated April 14, 2016.
   Except for any DIP Financing, the minimum amount of any
   Financing Fee shall be $500,000. In addition, fifty percent of
   the first Financing Fee paid to Guggenheim shall be credited
   once against the aggregate of any Restructuring Transaction
   Fee and Sale Transaction Fee.

* Restructuring Fee. Upon the consummation of any Restructuring
   Transaction, a fee equal to 3.5% of the Aggregate
   Restructuring Value; provided, however, an additional 4.0% fee
   shall be paid on the incremental portion of the Enterprise
   Value in excess of $125 million which result in any equity
   funding of the Company.

* Minimum Transaction Fee in the amount of $1,750,000.

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

During the 90-day period prior to the commencement of this case,
Guggenheim was paid in the ordinary course certain Monthly Fees and
expense reimbursements. Specifically, Guggenheim was paid: (i)
$159,902.97 on account of its January 2016 Monthly Fee and related
expenses reimbursement on January 21, 2016; (ii) $153,144.42 on
account of its February 2016 Monthly Fee and related expenses
reimbursement on February 12, 2016; (iii) $77,969.74, $38,433.91
and $37,568.26 on account of its March 2016 Monthly Fee and related
expense reimbursements on March 11, 17 and 25, 2016, respectively;
and (iv) $37,500 on account of the first week of its April's
Monthly Fee on April 5, 2016.

James D. Decker, senior managing director at Guggenheim Securities,
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtors and their
estates.

Guggenheim can be reached at:

     James D. Decker
     GUGGENHEIM SECURITIES, LLC
     330 Madison Avenue,
     New York, NY 10017
     Tel: (212) 739-0700
     E-mail: jim.decker@guggenheimpartners.com

                     About Juniper GTL

Juniper GTL LLC is a Delaware limited liability company formed in
2012 for the sole purpose of building and operating a
"gas-to-liquids" facility in Westlake, Louisiana (the "Facility").
The Debtor maintains its headquarters in Houston, Texas. Upon
completion, the Facility is estimated to convert 13,600 MMBtu/day
(million British thermal units/day) of pipeline natural gas into
1,170 bpd (barrels per day) Fischer-Tropsch ("FT") products
consisting of 768 bpd of wax, 315 bpd of diesel, and 87 bpd of
naphtha. The Facility has been in development since May 2012 by SGC
Energia Co, LLC ("SGC Energia") and Great Northern Project
Development, LLC ("GNPD"), and since June 2014 together with
Calumet Specialty Products Partners, L.P. ("Calumet" and together
with SGC Energia and GNPD, the "Equity Sponsors").

Juniper GTL LLC, filed a Chapter 11 bankruptcy petitions (Bakr.
S.D. Tex. Case No.: 16-31959) on April 14, 2016. The petition was
signed by David Rush, chief restructuring officer.

The Debtor's estimated assets of $10 million to $50 million and
estimated debts of $10 million to $50 million. Judge Marvin Isgur
has been assigned the case.

The Debtor has engaged King & Spalding LLP as counsel.


KEVIN WILLIAM KLIEFOTH: $310,000 Sale of Property Approved
----------------------------------------------------------
Judge Tony M. Davis on April 26, 2016, entered an order authorizing
Kevin William Kliefoth to sell its property in Travis County,
Texas, to Hill County Premium Properties, LLC, for $310,000.

The property is known as Lot 2705, Lakeway Section 16-C, in Travis
County, Texas.  The subject property is a two-storey, 3194 s/f
residence built as a custom home in 1995.  It has a concrete tile
roof and a 100% stucco exterior.  It is on the 15th fairway of
Lakeway CC - Live Oak Golf Course.  Downstairs is a formal dining
room, living room, study, master suite, kitchen, breakfast area and
utility room.  Upstairs is a large game room, 2 bedrooms and 2
baths.  It has a 2-car garage with an additional golf car garage.

The closing date for the sale of the Property is set for April 29,
2016.

The contract provides for payment of customary closing costs and
provides for payment of a 1% real estate commission.

The Debtor owns a joint management community property interest in
the Property together with his spouse, Barbara Kliefoth.

The Debtor asked the Court to appoint him as attorney-in-fact for
Barbara Kliefoth in connection with the sale of the Property.

Kevin William Kliefoth, an individual debtor, filed a Chapter 11
petition (Bankr. W.D. Tex. Case No. 15-11194) on Sept. 11, 2015.

The meeting of creditors was conducted on Oct. 20, 2015.

The Debtor is represented by

         FRED E. WALKER, P.C.
         Fred E. Walker
         Kimberly L. Nash
         Wells Fargo Building, Suite 220
         609 Castle Ridge Road
         Austin, TX
         Tel: (512) 330-9977
         Fax: (512) 330-1686
         E-mail: fredwalkerlaw@yahoo.com


KINDER MORGAN: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on Kinder Morgan Inc. to BB from BBB on April 26,
2016.

Kinder Morgan Inc. is a pipeline transportation and energy storage
company. The Company owns and operates pipelines that transport
natural gas, gasoline, crude oil, carbon dioxide and other
products, and terminals that store petroleum products and chemicals
and handle bulk materials like coal and petroleum coke.



KIPIN INDUSTRIES: U.S. Trustee Forms 3-Member Creditors' Committee
------------------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on April 27
appointed three creditors of Kipin Industries, Inc. to serve on the
official committee of unsecured creditors.

The committee members are:

     (1) Heights Plaza Materials, Inc.
         124 Pulaski Drive
         Natrona Heights, PA 15065
         Attn: John E. Marino, President
         Tel. (724) 224-6113
         Fax (724) 224-3555
         hpminc@comcast.net

     (2) Prism Response, Inc.
         102 Technology Lane
         Export, PA 15632
         Attn: Regis B. O’Hara, Controller
         Tel. (724) 325-3330 Ext. 15
         Fax (724) 325-0052
         rohara@prismresponse.com

     (3) Smalis, Inc.
         P.O. Box 412
         223 Marginal Rd.
         New Stanton, PA 15672
         Attn: Doug Smalis, President
         Tel. (724) 925-8500

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

                     About Kipin Industries

Kipin Industries, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Penn. Case No. 16-21164) on March 30,
2016.  The Debtor is represented by Edgardo D. Santillan, Esq., at
Santillan Law Firm, PC.


LABRADOR IRON: Claims Bar Date Slated for May 31
------------------------------------------------
The Ontario Superior Court of Justice set May 31, 2016, at 5:00
p.m. (Toronto Time) as last day for creditors of Labrador Iron
Mines Limited et al. to file their claims against the Companies.

Creditors requiring information or claim documentation may contact
the monitor at:

   KSV Kofman Inc.
   Court-appointed monitor of the Companies
   Claims Process
   150 King Street West, Suite 2308
   Toronto, Ontario M6=5H 1J9
   Attention: Adam Zeldin
   Tel: (416) 932-6016
   Fax: (416) 932-6266
   Email: azeldin@ksvadvisory.com

Based in Canada, Labrador Iron Mines --
http://www.labradorironmines.ca/-- engages in the mining,  
exploration and development of direct shipping deposits located in
the Schefferville/Menihek region of the prolific Labrador Trough.


LINN ENERGY: LinnCo LLC Owns 65.5% of Units
-------------------------------------------
LinnCo, LLC, disclosed in an amended Schedule 13D filed with the
Securities and Exchange Commission that as of April 26, 2016, it
beneficially owns 232,506,113 units representing limited liability
company interests of Linn Energy, LLC, representing 65.5 percent of
the Units outstanding.  A copy of the regulatory filing is
available for free at http://is.gd/aGa3Kf

                      About Linn Energy

LINN Energy, LLC (NASDAQ: LINE) -- http://www.linnenergy.com/-- is
an oil and natural gas company.  The Company is focused on
acquiring, developing and maximizing cash flow from a portfolio of
oil and natural gas assets.  The Company's properties are located
in the United States, in the Rockies, the Hugoton Basin,
California, east Texas and north Louisiana (TexLa), the
Mid-Continent, the Permian Basin, Michigan/Illinois and south
Texas.

Linn Energy reported a net loss of $4.75 billion on $2.88 billion
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $452 million on $4.98 billion of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Linn Energy had $9.97
billion in total assets, $10.2 billion in total liabilities and a
$269 million in unitholders' deficit.

                        *     *     *

As reported by the TCR on March 21, 2016, Standard & Poor's Ratings
Services lowered its corporate credit ratings on oil and gas
exploration and production company Linn Energy LLC and its
subsidiary Berry Petroleum Co. LLC to 'D' from 'CCC'.

Linn Energy, LLC carries a 'Ca' corporate family rating from
Moody's Investors Service.


LINN ENERGY: LinnCo Successfully Completes Exchange Offer
---------------------------------------------------------
LinnCo, LLC, announced that it has successfully completed its offer
to exchange each outstanding unit of LINN Energy, LLC for one
LinnCo share  upon the terms and conditions of the Prospectus/Offer
to Exchange dated April 26, 2016, and the accompanying Amended and
Restated Letter of Transmittal.

The Exchange Offer expired at 12:00 midnight (New York City time)
on Monday, April 25, 2016.  American Stock Transfer & Trust
Company, the exchange agent for the Exchange Offer, has advised
LinnCo that a total of approximately 103,961,939 LINN units,
representing approximately 29% of the aggregate number of
outstanding LINN units, were validly tendered and not withdrawn in
the Exchange Offer.  Accordingly, all LINN units that were validly
tendered and not withdrawn have been accepted, and LinnCo is
promptly issuing new LinnCo shares for all such tendered LINN units
in accordance with the terms of the Exchange Offer.

To allow remaining LINN unitholders the opportunity to tender their
LINN units, LinnCo also announced the commencement of a subsequent
offering period beginning April 26, 2016.  The subsequent offering
period will expire at 12:00 midnight (New York City time) on May
23, 2016, unless extended.  LINN unitholders who validly tender
their LINN units during the subsequent offering period will receive
the same exchange ratio provided in the Exchange Offer.  Procedures
for tendering LINN units during the subsequent offering period are
the same as during the initial offering period, except that
pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act of
1934, as amended, LINN units validly tendered during the subsequent
offering period will be accepted on a daily, "as tendered" basis
and, accordingly, may not be withdrawn.

The purpose of the Exchange Offer is to permit holders of LINN
units to maintain their economic interest in LINN through LinnCo,
an entity that is taxed as a corporation rather than a partnership,
which may allow LINN unitholders to avoid future allocations of
taxable income and loss, including cancellation of debt income,
that could result from future debt restructurings or other
strategic transactions by LINN.  In general, if CODI arises in any
particular month, that CODI will be allocated to LINN unitholders
who held LINN units as of the first day of that month.

As previously announced, on April 4, 2016, LINN and Linn Energy
Finance Corp. entered into a settlement agreement with certain
holders of its senior secured second lien notes.  LinnCo and LINN
do not believe that any events that have occurred in April,
including entry into the Settlement Agreement, will give rise to
CODI in April.  However, future transactions, including the closing
of the transactions contemplated in the Settlement Agreement, may
give rise to CODI, and LINN can provide no assurances that LINN
unitholders who tender their LINN units during the subsequent
offering period will not be allocated some amount of CODI as a
result.

Although CODI may arise in the same calendar month as any
settlement of LINN units made during the subsequent offering
period, such CODI will likely be only a portion of the total CODI
that LINN would expect to realize from future debt restructurings
or other strategic transactions.  For example, if LINN seeks
protection under Chapter 11 of the U.S. Bankruptcy Code in May,
some amount of CODI may arise upon the closing of the transactions
contemplated in the Settlement Agreement (the timing of which is
uncertain).  However, a more substantial amount of CODI may also
arise at the time a plan of reorganization is consummated.
Therefore, LINN unitholders that exchange during the subsequent
offering period will continue to avoid future allocations of CODI
to the extent such CODI arises in calendar months following any
settlement of LINN units made during the subsequent offering
period.

                         About Linn Energy

LINN Energy, LLC (NASDAQ: LINE) -- http://www.linnenergy.com/-- is
an oil and natural gas company.  The Company is focused on
acquiring, developing and maximizing cash flow from a portfolio of
oil and natural gas assets.  The Company's properties are located
in the United States, in the Rockies, the Hugoton Basin,
California, east Texas and north Louisiana (TexLa), the
Mid-Continent, the Permian Basin, Michigan/Illinois and south
Texas.

Linn Energy reported a net loss of $4.75 billion on $2.88 billion
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $452 million on $4.98 billion of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Linn Energy had $9.97
billion in total assets, $10.2 billion in total liabilities and a
$269 million in unitholders' deficit.

                        *     *     *

As reported by the TCR on March 21, 2016, Standard & Poor's Ratings
Services lowered its corporate credit ratings on oil and gas
exploration and production company Linn Energy LLC and its
subsidiary Berry Petroleum Co. LLC to 'D' from 'CCC'.

Linn Energy, LLC carries a 'Ca' corporate family rating from
Moody's Investors Service.


LINNCO LLC: Beneficially Owns 65.5% Units of Linn Energy
--------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, LinnCo, LLC disclosed that as of April 26, 2016, it
beneficially owns 232,506,113 units representing limited liability
company interests of Linn Energy, LLC, representing 65.5 percent of
the units outstanding.  A copy of the regulatory filing is
available for free at:

                      http://is.gd/aGa3Kf

                       About LinnCo LLC

Houston-based LinnCo, LLC is a Delaware limited liability company
whose initial sole purpose was to own units representing limited
liability company interests in its affiliate, Linn Energy LLC (LINN
Energy).  LINN Energy is an independent oil and natural gas company
that trades on the NASDAQ Global Select Market (NASDAQ) under the
symbol "LINE."

As of Dec. 31, 2015, Linnco LLC had $37.4 million in total assets,
$30.4 million in total liabilities, all current, and $7 million in
shareholders' equity.

KPMG LLP, in Houston, Texas, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company had income taxes
payable of approximately $30 million and cash of approximately $11
million.  The Company's only significant asset is its interest in
LINN Energy units and the Company's cash flow, which was
historically used to pay dividends to the Company's shareholders,
is completely dependent upon the ability of LINN Energy to make
distributions to its unitholders.  In October 2015, LINN Energy
suspended the payment of its distribution.  Accordingly, the
uncertainty associated with the Company's ability to meet its
obligations as they become due raises substantial doubt about its
ability to continue as a going concern, the auditors noted.


LINNCO LLC: Completes Exchange Offer for LINN Energy Units
----------------------------------------------------------
LinnCo, LLC, announced that it has successfully completed its offer
to exchange each outstanding unit of LINN Energy, LLC for one
LinnCo share upon the terms and conditions of the Prospectus/Offer
to Exchange dated April 26, 2016, and the accompanying Amended and
Restated Letter of Transmittal.

The Exchange Offer expired at 12:00 midnight (New York City time)
on Monday, April 25, 2016.  American Stock Transfer & Trust
Company, the exchange agent for the Exchange Offer, has advised
LinnCo that a total of approximately 103,961,939 LINN units,
representing approximately 29% of the aggregate number of
outstanding LINN units, were validly tendered and not withdrawn in
the Exchange Offer.  Accordingly, all LINN units that were validly
tendered and not withdrawn have been accepted, and LinnCo is
promptly issuing new LinnCo shares for all such tendered LINN units
in accordance with the terms of the Exchange Offer.

To allow remaining LINN unitholders the opportunity to tender their
LINN units, LinnCo also announced the commencement of a subsequent
offering period beginning today, April 26, 2016.  The subsequent
offering period will expire at 12:00 midnight (New York City time)
on May 23, 2016, unless extended.  LINN unitholders who validly
tender their LINN units during the subsequent offering period will
receive the same exchange ratio provided in the Exchange Offer.
Procedures for tendering LINN units during the subsequent offering
period are the same as during the initial offering period, except
that pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act
of 1934, as amended, LINN units validly tendered during the
subsequent offering period will be accepted on a daily, "as
tendered" basis and, accordingly, may not be withdrawn.

The purpose of the Exchange Offer is to permit holders of LINN
units to maintain their economic interest in LINN through LinnCo,
an entity that is taxed as a corporation rather than a partnership,
which may allow LINN unitholders to avoid future allocations of
taxable income and loss, including cancellation of debt income
(CODI), that could result from future debt restructurings or other
strategic transactions by LINN.  In general, if CODI arises in any
particular month, that CODI will be allocated to LINN unitholders
who held LINN units as of the first day of that month.

As previously announced, on April 4, 2016, LINN and Linn Energy
Finance Corp. entered into a settlement agreement with certain
holders of its senior secured second lien notes.  LinnCo and LINN
do not believe that any events that have occurred in April,
including entry into the Settlement Agreement, will give rise to
CODI in April.  However, future transactions, including the closing
of the transactions contemplated in the Settlement Agreement, may
give rise to CODI, and LINN can provide no assurances that LINN
unitholders who tender their LINN units during the subsequent
offering period will not be allocated some amount of CODI as a
result.

Although CODI may arise in the same calendar month as any
settlement of LINN units made during the subsequent offering
period, such CODI will likely be only a portion of the total CODI
that LINN would expect to realize from future debt restructurings
or other strategic transactions.  For example, if LINN seeks
protection under Chapter 11 of the U.S. Bankruptcy Code in May,
some amount of CODI may arise upon the closing of the transactions
contemplated in the Settlement Agreement (the timing of which is
uncertain).  However, a more substantial amount of CODI may also
arise at the time a plan of reorganization is consummated.
Therefore, LINN unitholders that exchange during the subsequent
offering period will continue to avoid future allocations of CODI
to the extent such CODI arises in calendar months following any
settlement of LINN units made during the subsequent offering
period.

                        About LinnCo LLC

Houston-based LinnCo, LLC is a Delaware limited liability company
whose initial sole purpose was to own units representing limited
liability company interests in its affiliate, Linn Energy LLC (LINN
Energy).  LINN Energy is an independent oil and natural gas company
that trades on the NASDAQ Global Select Market (NASDAQ) under the
symbol "LINE."

As of Dec. 31, 2015, Linnco LLC had $37.4 million in total assets,
$30.4 million in total liabilities, all current, and $7 million in
shareholders' equity.

KPMG LLP, in Houston, Texas, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company had income taxes
payable of approximately $30 million and cash of approximately $11
million.  The Company's only significant asset is its interest in
LINN Energy units and the Company's cash flow, which was
historically used to pay dividends to the Company's shareholders,
is completely dependent upon the ability of LINN Energy to make
distributions to its unitholders.  In October 2015, LINN Energy
suspended the payment of its distribution.  Accordingly, the
uncertainty associated with the Company's ability to meet its
obligations as they become due raises substantial doubt about its
ability to continue as a going concern, the auditors noted.


LINNCO LLC: Receives Noncompliance Notice from NASDAQ
-----------------------------------------------------
LinnCo, LLC, received on April 22, 2016, a letter from the Listing
Qualifications Department of The NASDAQ Stock Market LLC notifying
the Company that its common shares representing limited liability
company interests closed below the $1.00 per share minimum bid
price required by NASDAQ Listing Rule 5450(a)(1) for 30 consecutive
business days.  The notice has no immediate effect on the listing
or trading of the Company's common shares, which will continue to
trade on The Nasdaq Global Select Market under the symbol "LNCO."

In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company
has a period of 180 calendar days, or until Oct. 19, 2016, to
achieve compliance with the minimum bid price requirement.  The
Company will regain compliance with the minimum bid price
requirement if at any time before Oct. 19, 2016, the bid price for
the Company's common shares closes at $1.00 per unit or above for a
minimum of 10 consecutive business days.

The Company intends to actively monitor the bid price of its common
shares and will consider available options to regain compliance
with the listing requirements.

                       About LinnCo LLC

Houston-based LinnCo, LLC is a Delaware limited liability company
whose initial sole purpose was to own units representing limited
liability company interests in its affiliate, Linn Energy LLC (LINN
Energy).  LINN Energy is an independent oil and natural gas company
that trades on the NASDAQ Global Select Market (NASDAQ) under the
symbol "LINE."

As of Dec. 31, 2015, Linnco LLC had $37.4 million in total assets,
$30.4 million in total liabilities, all current, and $7 million in
shareholders' equity.

KPMG LLP, in Houston, Texas, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company had income taxes
payable of approximately $30 million and cash of approximately $11
million.  The Company's only significant asset is its interest in
LINN Energy units and the Company's cash flow, which was
historically used to pay dividends to the Company's shareholders,
is completely dependent upon the ability of LINN Energy to make
distributions to its unitholders.  In October 2015, LINN Energy
suspended the payment of its distribution.  Accordingly, the
uncertainty associated with the Company's ability to meet its
obligations as they become due raises substantial doubt about its
ability to continue as a going concern, the auditors noted.


LOUIS & LANE: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Louis & Lane, Inc.

Louis & Lane, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 16-54458) on March 9,
2016.  The Debtor is represented by Cameron M. McCord, Esq., at
Jones & Walden, LLC.


MASONITE INTERNATIONAL: Moody's Hikes Corp Family Rating to Ba3
---------------------------------------------------------------
Moody's Investors Service upgraded Masonite International
Corporation's Corporate Family Rating (CFR) to Ba3 from B1 and
Probability of Default Rating to Ba3-PD from B1-PD. Concurrently,
Moody's upgraded the rating on the company's senior unsecured notes
to B1 from B2 and affirmed its speculative-grade liquidity (SGL)
rating of SGL-2. The rating outlook is stable.

The upgrade of the CFR to Ba3 is reflective of the Masonite's
improved cost structure, significant projected free cash flow
generation in excess of $100 million over the next year, and EBITDA
growth that has enabled the company to reduce debt leverage
substantially. Moody's anticipates debt to EBITDA to decline to
close to 2.0x over the next 18 months from 2.8x for the fiscal year
end 2015.

Moody's took the following rating actions on Masonite International
Corporation:

Corporate Family Rating upgraded to Ba3 from B1;

Probability of Default Rating upgraded to Ba3-PD from B1-PD;

$475 million Senior Unsecured Notes due 2023, upgraded to B1
(LGD4) from B2 (LGD4);

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

Outlook, remains Stable.

RATINGS RATIONALE

Masonite's Ba3 CFR is supported by the growth in EBITDA that has
come from a more efficient cost structure and optimized portfolio
of geographic end markets. The company has reduced extraneous
manufacturing facilities and improved efficiency in the remaining
ones through automation and lean principles. Outside the United
States, Masonite has exited several unprofitable end markets, most
notably France in 2015. These improvements are beginning to impact
the income statement as EBITDA margins grew to 11.7% for fiscal
year 2015 from 8.3% in 2014 (all credit metrics include Moody's
standard adjustments). Moody's expects this trend to continue and
projects EBITDA margins to surpass 13.0% in 2016. Growth in EBITDA
has also reduced debt leverage, which finished 2015 at 2.8x debt to
EBITDA, down from 4.1x in 2014. With projected free cash flow
expected to exceed $100 million in 2016, additional debt financing
will not be required to further grow EBITDA and Moody's projects
debt to EBITDA to decline close to 2.0x in the next 18 months.
Additionally, the rating is supported by Masonite's top market
position as one of only two major players in the North American
interior molded door manufacturing space; its globally diversified
revenue stream with approximately 22% of sales coming from outside
of North America; as well as its long standing relationships with
large retailers.

At the same time, the rating is constrained by the cyclical nature
of Masonite's end markets, which include residential new home
construction and repair and remodeling, as well as architectural
(commercial) construction. Downturns in the construction sector
have been very pronounced in the past, however, in the short term
this risk is somewhat mitigated by a continued recovery in US
single family home construction and to a lesser extent, repair and
remodeling. Additionally, the rating is limited by Masonite's
aggressive acquisition strategy over the past several years in
which it has purchased 13 companies since 2010.

The stable outlook reflects the expectation that Masonite's
performance will further improve as its internal initiatives
continue to reap benefits.

The ratings could be upgraded if Masonite is able to grow in size
while maintaining a debt to EBITDA ratio below 2.0x over a
sustained period. Furthermore the ratings could be considered for
an upgrade if EBITA margins are sustained above 10%, EBITA coverage
of interest rises above 6.0x, and if the outlook on the
homebuilding and repair and remodeling industries remains
positive.

The ratings could be lowered if Masonite engages in any substantial
debt funded acquisition or shareholder friendly transaction. In
addition, the ratings could come under pressure if its margins
and/or liquidity position deteriorate. Specifically, a downgrade
could be considered if debt to EBITDA rises above 3.6x, EBITA
interest coverage falls below 2.0x, or EBITA margins falls below
5%.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014. Please see the
Ratings Methodologies page on www.moodys.com for a copy of this
methodology.

Masonite International Corporation, headquartered in Tampa, FL,
through its operating subsidiaries, is one of the largest
manufacturers of doors in the world. It offers both interior and
exterior doors for residential and commercial end uses. Revenues
for 2015 were $1.9 billion.



MAT-VAC TECHNOLOGY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Mat-Vac Technology, Inc.

Mat-Vac Technology, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-01579) on March 9,
2016.  The Debtor is represented by Ronald Cutler, Esq., at Ronald
Cutler PA.


MAXUM ENTERPRISES: S&P Lowers CCR to 'B', Outlook Negative
----------------------------------------------------------
Standard & Poor's Ratings Services lowered the corporate credit
rating on Fort Worth, Texas-based Maxum Enterprises LLC (doing
business as Pilot Thomas Logistics) to 'B' from 'B+'.  The outlook
is negative.  S&P do not rate the company's and its subsidiaries'
debt facilities.

"The downgrade reflects deterioration in credit metrics and our
view that profits will remain pressured over the next 12 months as
a result of declines in drilling and frac-related activities in the
energy sector.  Pro forma for the recent acquisition of Economy
Boat Store (EBS), leverage was high in the mid-5x area and fund
from operations (FFO) to debt was thin at around 9% in 2015--levels
consistent with a lower financial risk profile," said credit
analyst Samantha Stone.  "The rating action also incorporates our
view that liquidity could be pressured in 2016 with heightened
refinancing risk given the company's $700 million revolver matures
January 2017.  If Maxum is able to refinance its debt facility, we
believe it could be at more restrictive terms, especially if
operating performance continues to deteriorate at the current rate.
In 2015, revenues decreased by roughly 10%, while adjusted EBITDA
declined by 25%.  As drilling and production projects have
significantly slowed down, many of Maxum's customers are greatly
reducing their businesses.

Maxum sells and transports fuel, lubricant and chemical solutions
to the North American energy, mining, and marine industries.  The
risks associated with the industry in which Maxum operates includes
intense competition and exposure to global macroeconomic conditions
and their impact on fuel cost, demand, and availability.  The
industry is also characterized by low EBITDA margins and the need
for acquisitions to scale effectively in the industry.  Although
the industry is highly fragmented, S&P believes Maxum has a good
competitive position as the largest independent fuel distributor
and logistics provider to the exploration and production industry,
with a large geographic footprint, and acquisition growth strategy.
The company has demonstrated a good track record of integrating
small-sized businesses and leveraging the parent company Pilot
Travel Center LLC's buying power will help to improve margins.

EBS supplies diesel fuel, lube oil, groceries, and marine supplies
to the commercial barge transportation industry on the upper and
lower Mississippi River and Gulf Coast.  The transaction increases
Maxum's marine, mining, and industrial (MMI) business segment, and
diversifies away from the high volatility of upstream and oilfield
sectors.  S&P expects management to continue making small
acquisitions in this segment as it provides more stable cash flows
and currently accounts for roughly half of the company's volume.

S&P projects credit measures will remain weak over the next 12
months; specifically S&P expects debt to EBITDA to remain above 5x
and FFO/debt below 12%.  EBITDA interest coverage is expected to be
in the mid-2x area.  As part of the funding for the EBS
acquisition, Maxum has a shareholder note that pays in kind at a
high interest rate.

Although Maxum and Pilot Travel Centers (BB+/Stable/--) share Jimmy
Haslam as one of their key leaders and shareholders, S&P considers
Maxum not strategically important to Pilot because these companies
operate different businesses and Maxum is quite small relative to
Pilot from an earnings and capital perspective.  Maxum only
contributes a small percentage of Pilot's overall revenue and
profits.  As a result, S&P do not incorporate any rating uplift to
Maxum's stand-alone credit profile.  However, these companies
benefit from some purchasing synergies since both companies
purchase diesel for their operations, some overhead cost savings,
and transportation logistics (particularly at Maxum)."

The negative outlook reflects S&P's view low commodity prices and
challenging energy industry conditions will persist into 2017. Debt
measures will remain weak and could deteriorate further if cost
reductions and growth at the MMI business is insufficient to offset
losses at the energy business that is tied to the E&P industry.

S&P could lower the rating if commodity prices stay weak or even
weaken further and fuel volume and/or margins declines leading to
declining liquidity and weakening credit metrics.  Alternatively, a
debt-funded acquisition that increases leverage above 7x without a
clear path for improvement.  S&P could also lower the rating if it
believes the company would not be able to refinance or extend the
maturity of its revolver on a timely basis.

S&P could revise the outlook to stable if it believes operating
performance and credit metrics are stabilized, liquidity is
sufficient for operating needs, and the company refinances its
upcoming revolver maturity providing adequate liquidity sources.
S&P could consider an upgrade if Maxum can significantly improve
operating performance such that credit metrics are sustained at
levels consistent with a higher financial risk profile;
specifically debt leverage below 5x, and FFO/debt above 12%.  Based
on S&P's expectations for market conditions, it do not expect a
rating upside over the next 12 months.



MILESTONE SCIENTIFIC: Amends $30 Million Prospectus with SEC
------------------------------------------------------------
Milestone Scientific Inc. filed with the Securities and Exchange
Commission an amended Form S-3 registration statement  relating to
common stock, preferred stock, debt securities, warrants and units
that it may sell from time to time in one or more offerings up to a
total public offering price of $30,000,000 on terms to be
determined at the time of sale.  The Company amended the
Registration Statement to delay its effective date.

The Company's common stock is listed on the NYSE MKTS under the
symbol "MLSS".  As of April 25, 2016, the aggregate market value of
the Company's outstanding common stock held by non-affiliates was
$23,954,939 based on 21,687,164 shares of outstanding common stock,
of which 12,037,658 shares are held by non-affiliates, and a per
share price of $1.99 which was the closing sale price of the
Company's common stock as quoted on the NYSE MKTS on March 22,
2016.  

A copy of the Form S-3/A is available for free at:

                      http://is.gd/KysNw8

                   About Milestone Scientific

Livingston, N.J.-based Milestone Scientific Inc. is engaged in
pioneering proprietary, innovative, computer-controlled injection
technologies and solutions for the medical and dental markets.

Milestone Scientific reported a net loss attributable to the
Company of $5.46 million on $9.49 million of net product sales for
the year ended Dec. 31, 2015, compared to a net loss attributable
to the Company of $1.70 million on $10.33 million of net product
sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Milestone had $12.80 million in total assets,
$3.64 million in total liabilities, all current, and $9.16 million
in total equity.


MILESTONE SCIENTIFIC: Has Exchange Pacts with Unit's Stockholders
-----------------------------------------------------------------
Milestone Scientific Inc. disclosed in a regulatory filing with the
Securities and Exchange Commission that it entered into a series of
exchange agreements with certain stockholders of Milestone Medical
Inc., its epidural and intra-articular subsidiary, providing for
the issuance of one share of Milestone Scientific Common Stock for
each two shares of Milestone Medical Common Stock.  Pursuant to
these exchange agreements Milestone Scientific will issue 4,090,000
shares of restricted common stock and acquire an additional 37% of
the outstanding shares of Milestone Medical resulting in an
increase of its ownership interest from approximately 50% to 87%.

The issuance of these shares is exempt from registration under the
Securities Act of 1933, as amended, since they will be issued only
to accredited investors who have agreed to hold those shares for
investment and without a view to distribution.  The share
certificates will each be printed with an appropriate restrictive
legend to this effect.

                    About Milestone Scientific

Livingston, N.J.-based Milestone Scientific Inc. is engaged in
pioneering proprietary, innovative, computer-controlled injection
technologies and solutions for the medical and dental markets.

Milestone Scientific reported a net loss attributable to the
Company of $5.46 million on $9.49 million of net product sales for
the year ended Dec. 31, 2015, compared to a net loss attributable
to the Company of $1.70 million on $10.33 million of net product
sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Milestone had $12.80 million in total assets,
$3.64 million in total liabilities, all current, and $9.16 million
in total equity.


NABORS INDUSTRIES: Egan-Jones Cuts LC Sr. Unsec. Rating to B+
-------------------------------------------------------------
Egan-Jones Ratings Company downgraded the local currency senior
unsecured rating on debt issued by Nabors Industries Ltd. to B+
from BB+ on April 27, 2016.

Nabors Industries Ltd, is a land drilling contractor, and also
performs well servicing and workovers.  The Company conducts oil,
gas, and geothermal land drilling operations.  Nabors' well-site
services include oilfield management, well logging, and other
support services.



NATIVE ENVIRONMENTAL: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Native Environmental, LLC.

Native Environmental, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-02378) on March 10,
2016.  The Debtor is represented by D. Lamar Hawkins, Esq., at
Aiken Schenk Hawkins & Ricciardi, PC.


NEW YORK TIMES: S&P Raises CCR to 'BB-', Outlook Stable
-------------------------------------------------------
Standard & Poor's Ratings Services said it raised its corporate
credit rating on New York City-based The New York Times Co. to
'BB-' from 'B+'.  The rating outlook is stable.

At the same time, in accordance with S&P's ratings cap for
unsecured debt of 'BB' category issuers, it lowered its issue-level
rating on the company's 6.625% senior notes to 'BB-' from 'BB' and
revised S&P's recovery rating on the debt to '3' from '1'.  The '3'
recovery rating indicates S&P's expectation of meaningful (50%-70%;
upper end of the range) recovery in the event of a payment default.


"The rating upgrade reflects the company's steady progress adapting
and growing its digital media and online distribution platforms,
its financial deleveraging and our expectation that adjusted
leverage will remain in the 3x to 4x range, and the company's
prudent balance sheet and cash management," said Standard & Poor's
credit analyst Thomas Hartman.

It also reflects S&P's expectation that the company's growing
digital subscriber base, brand, and market position will support
the company's business and digital transformation initiatives.

S&P's stable outlook reflects its expectation that the company will
repay its 6.625% notes at maturity in 2016 with cash on hand,
continue to successfully grow its digital subscribers and revenue,
and maintain leverage in the 3x-4x range.



NINE PIECES: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Nine Pieces Of Eight LLC.

Nine Pieces Of Eight LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-02260) on March 8,
2016.  The Debtor is represented by Charles R. Hyde, Esq., at Law
Offices of C.R. Hyde.


OPAL ACQUISITION: Moody's Cuts Corporate Family Rating to Caa1
--------------------------------------------------------------
Moody's Investors Service downgraded Opal Acquisition Inc.'s
Corporate Family Rating (CFR) to Caa1 from B3 and Probability of
Default Rating (PDR) to Caa1-PD from B3-PD. Opal is the indirect
parent of One Call Medical, Inc. Moody's also downgraded the
company's first lien senior secured revolving credit facility and
term loan to B2 (LGD 3) from B1 (LGD 3) and senior unsecured notes
to Caa3 (LGD 5) from Caa2 (LGD 5). The rating outlook is negative.

The downgrade reflects Moody's expectation that Opal's financial
leverage will remain high over the next year. For the year end 2015
debt/EBITDA was very high at 8.6 times. Moody's expects leverage
reduction to be hampered by weak earnings growth as states push to
lower reimbursement rates. Thus, fee stagnation or compression will
constrain the company's deleveraging abilities. In addition,
Moody's recognizes the potential for increased operational
disruptions as the company focuses on integrating its six business
units into a single operating platform.

The negative rating outlook reflects Moody's belief that Opal will
face challenges reducing financial leverage and improving its
financial stability given reductions in reimbursement and the
continuation of a challenging operating environment. This will have
a negative impact on the company's operating earnings and cash
flow.

Following is a summary of Moody's rating actions:

Ratings downgraded:

Opal Acquisition, Inc.

  Corporate Family Rating to Caa1 from B3

  Probability of Default Rating to Caa1-PD from B3-PD

  $125 million senior secured first lien revolving credit
  facility to B2 (LGD 3) from B1 (LGD 3)

  $1,274 million senior secured first lien term loan to B2
  (LGD 3) from B1 (LGD 3)

  $610 million senior unsecured notes to Caa3 (LGD 5) from Caa2
(LGD 5)

The rating outlook changed to Negative from Stable.

RATINGS RATIONALE

The Caa1 CFR and Caa1-PD PDR reflects Opal's very high financial
leverage (8.6x debt/EBITDA at year end 2015) and the constraints
that high leverage puts on the company's financial flexibility. It
also reflects industry pressures which will make it difficult for
Opal to meaningfully improve its earnings and cash generation.
Moody's believes that if the company cannot improve its operating
performance and begin to generate cash sufficient to reduce debt
and financial leverage, its capital structure will become
unsustainable. However Opal's liquidity is good, and there are no
immediate maturities or events such as financial covenant
tightening which would otherwise cause undue near-term strain. The
company's financial leverage is a reflection of its historically
high appetite for debt financed acquisitions. While Moody's expects
Opal's acquisition strategy to center on tuck-in acquisitions going
forward, management is now focused on more fully integrating past
acquisitions to a single operating platform. Thus, the potential
for operational disruptions is high. While Moody's views these
investments favorably over the longer-term, they will constrain
margins and free cash flow over the next few years.

In recent years, Opal has also been negatively impacted by the
declining trend to the state fee schedules. Fee schedule changes
have some impact to operating earnings and cash flow given the
timing between fee schedule changes and contract renegotiation with
providers. The ratings also reflect the company's considerable
concentration of revenues with its largest customers and relatively
low profitability margins.

Opal enjoys leading market positions within niche sub-segments of
the worker's compensation market. Despite its concentration by top
customers, the company is well-diversified by state. Further,
despite the company's high financial leverage, Moody's expects the
company to generate positive free cash flow and maintain a good
liquidity profile.

The ratings could be downgraded if liquidity deteriorates or
Moody's believes that the company's capital structure is becoming
unsustainable. Given the pressures facing Opal, Moody's does not
foresee an upgrade to the ratings in the near term. However, the
ratings could be upgraded if Opal improves operating results,
successfully consolidates its multiple operating platforms,
improves free cash flow, and reduces financial leverage.

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

Based in Parsippany, New Jersey, Opal Acquisition, Inc., the
indirect parent of One Call Medical, Inc., provides cost
containment services related to workers' compensation claims,
acting as an intermediary between healthcare providers, payors and
patients. The company generated annualized revenue of approximately
$1.5 billion in 2015.



OPTIMAS OE SOLUTIONS: S&P Lowers Rating to 'B-' on Weak Performance
-------------------------------------------------------------------
Standard & Poor's Ratings Services said that it has downgraded
Glenview, Ill.-based engineered fasteners distributor Optimas OE
Solutions Holding LLC to 'B-' from 'B'.  The outlook is negative.

At the same time, S&P lowered its issue rating on the company's
$225 million senior secured notes maturing 2021 to 'CCC+' from
'B-'.  The '5' recovery rating is unchanged, reflecting S&P's
expectation of modest (10%-30%; lower half of the range) recovery
in the event of a payment default.

"The downgrade reflects our view that Optimas' ability to mitigate
the effects of the current market slowdown -- despite its
restructuring efforts -- is limited and we expect that its credit
measures will remain weak during the next year," said Standard &
Poor's credit analyst James Siahaan.  "We expect that the company's
adjusted debt-to-EBITDA ratio will remain very high, at roughly 8x
as of the end of the fiscal year ending Dec. 30, 2016, (the
company's fiscal year ends on the Friday nearest Dec. 31), relative
to the 5x-6x range that we had previously expected." Optimas has
been experiencing reduced demand from its agriculture and heavy
truck customers, which--combined with foreign currency headwinds
and an inability to execute efficiently enough to adequately
compensate for the pressured environment--has weakened the
company's profitability.  Optimas' EBITDA margins for the eight
months ended Jan. 1, 2016, (the company started to operate on a
stand-alone basis in June 2015) were below 5%, which is weaker than
the 6%-7% range that S&P had previously expected.  The company
appointed a new CEO in March 2016 and is implementing certain
cost-reduction and rationalization initiatives in an effort to
improve its margins.

The negative outlook on Optimas reflects that there is a
one-in-three chance that S&P will downgrade the company in the next
few quarters.  S&P expects the company's revenue and margins to
remain quite weak in 2016 because of the impact that a weak number
of heavy truck deliveries will have on the demand for its
fasteners. This will likely cause its credit measures to remain
very highly leveraged.  A fair performance in the company's luxury
auto segment and reduced working capital usage may help its cash
flow generation somewhat, but S&P only expect break-even to
slightly positive free cash generation for this year in S&P's
base-case scenario.  For the current ratings, S&P expects Optimas'
leverage to improve below 8x during the next year while its
liquidity remains adequate.

S&P could lower its ratings on Optimas if the downturn in its
cyclical end markets lasts for a prolonged period, or if
company-specific operational issues cause its EBITDA-to-interest
ratio to decline to less than 1.5x without clear prospects for
improvement. S&P could also lower its ratings if the borrowing base
of Optimas' ABL facility diminishes severely and the company's
borrowing availability and liquidity become constrained.

S&P could revise its outlook on Optimas to stable if the company's
cost-reduction measures cause its debt leverage to decline such
that its adjusted debt-to-EBITDA improves sequentially to less than
8x, eventually approaching 7x.  Although S&P considers it unlikely
over the next year, it could raise its ratings on Optimas if
macroeconomic conditions and the company's performance allow it to
achieve and sustain an adjusted debt-to-EBITDA ratio of less than
6x.



PANTRY INC: Egan-Jones Withdraws B Sr. Unsecured Debt Ratings
-------------------------------------------------------------
Egan-Jones Ratings Company withdrew the B senior unsecured ratings
on debt issued by The Pantry Inc. on April 27, 2016.

The Pantry, Inc. operates convenience stores in the southeastern
United States. The Company's stores offer a variety of merchandise
and gasoline, as well as ancillary services designed to appeal to
the convenience needs of the customers. The Pantry's stores are
located in Florida, North Carolina, South Carolina, Kentucky,
Indiana, Tennessee, Virginia, and Georgia.



QUANTUM FUEL: Stalking Horse Agreement with Douglas Approved
------------------------------------------------------------
Bankruptcy Judge Mark S. Wallace of the U.S. Bankruptcy Court for
the Central District of California on April 25, 2016, approved a
stalking horse purchase agreement, as amended between debtor
Quantum Fuel Systems Technologies Worldwide, Inc., and Douglas
Acquisitions LLC, and related entities the K&M Douglas Trust and
the Douglas Irrevocable Descendant's Trust (together, the "Stalking
Horse Bidder").  The Trusts are the original holders of the
Debtor's senior secured notes in the principal sum of $11.5
million.  Absent higher and better offers, Douglas will purchase
the assets of the Debtor for a purchase price of at least
$21,500,000 plus cure costs.  The purchase price includes a credit
bid of the amounts owed to Douglas and/or the Trusts under the $6
million DIP facility and the Senior Secured Notes.

The Court approved the bidding procedures, which are designed to
facilitate a fair marketing and bidding process to maximize the
value of the assets.  The Court set a June 20 bidding deadline, a
June 20, 2016 sale objection deadline, a June 24 auction, and a
June 29, 2016 at 9:00 a.m. sale hearing.  Any competing bids must
for cash consideration in the minimum amount of $23 million.  

Douglas will receive reimbursement of expenses of up to $300,000.

Amory Securities, the Debtor's investment banker, will receive a
fee of $380,000.

Counsel to Douglas Acquisitions:

           Davis Wright Tremaine, LLP
           1201 Third Avenue, Seattle, WA
           Attn: Ragan L. Powers
                 Hugh Mcullough
           E-mail: raganpowers@dwt.com
                   hughmccullough@dwt.com

                        About Quantum Fuel

Lake Forest, California-based Quantum Fuel Systems Technologies
Worldwide, Inc., is an innovator, developer and producer of
compressed natural gas (CNG) fuel storage tanks and packaged fuel
storage systems for heavy-, medium-, and light-duty trucks and
passenger vehicles.  The Company also produces integrated vehicle
system technologies, including engine and vehicle control systems
and drivetrains.  It supplies its tanks and systems to truck and
automotive original equipment manufacturers and aftermarket and
OEM
truck integrators worldwide.

Quantum Fuel filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Calif. Case No. 16-11202) on March 22, 2016.  The petition was
signed by Brian W. Olson as chief executive officer.  The Debtor
listed total assets of $23.10 million and total debts of $21.7
million.  Foley & Lardner LLP represents the Debtor as counsel.
Judge Mark S Wallace is assigned to the case.


RONALD W. KRAGNES: Selling Property for $340K as Part of Plan
-------------------------------------------------------------
Ronald W. Kragnes on April 25, 2016, filed a motion for
authorization to sell three parcels of land, comprised of a
commercial real estate and lot located at 2789 South Park Road,
Bethel Park, Pennsylvania, to Pittsburgh, South Hills BPOE No. 2213
for $340,000.  

As part of his Plan of Reorganization which is being finalized and
will be filed with the Court within the next 10 days, the Debtor
will sell the 2789 South Park Road property as part of his Plan

The Agreement provides for a pro-ration of the 2016 real estate
taxes as of the date of closing.  Further, the Agreement provides
that the Seller will pay a brokerage commission of 3 percent to
Newmark Grubb Knight Frank (Seller's agent) and 3 percent to
Freeman Realty (Buyer's agent).

PNC Bank N.A., is a secured creditor in this proceeding by virtue
of three mortgages against the Property with an aggregate balance
due as of the date of filing of $189,978.  Bethel Park School
District is also owed $51,756 by virtue of outstanding school
taxes; County of Allegheny is owed $15,424 is owed $15,424 on
account of outstanding real estate taxes; and Municipality of
Bethel Park s owed $5,501 for unpaid real estate taxes.

Counsel for Debtor:

         Michael J. Henny, Esq.
         2828 The Gulf Tower
         Pittsburgh, PA 15219
         Tel: (412) 261–2640
         Fax: (412) 391-0221
         E-mail: m.henny@hennylaw.com

PNC Bank's attorneys:

         Donna M. Donaher, Esq.
         Brett A. Solomon, Esq.
         TUCKER ARENSBERG, P.C.
         1500 One PPG Place
         Pittsburgh, PA 15222
         E-mail: bsolomon@tuckerlaw.com

Ronald W. Kragnes commenced a Chapter 11 reorganization proceeding
(Bankr. W.D. Pa. Case No. 15-20647) on Feb. 27, 2015.


SEITEL INC: S&P Lowers CCR to 'CCC+', Outlook Stable
----------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on Houston-based Seitel Inc. to 'CCC+' from 'B-'.  The
outlook is stable.

At the same time, S&P lowered its issue-level ratings on the
company's senior unsecured notes to 'CCC+' from 'B-'.  There is no
change to the '3' recovery rating on the unsecured notes,
indicating that creditors could expect meaningful (50% to 70%;
lower half of the range) recovery in the event of payment default.

"The downgrade reflects our expectation that U.S. oil and gas
activity will decrease further in 2016 and an expected recovery in
2017 will be limited," said Standard & Poor's credit analyst Aaron
McLean.

S&P anticipates, on average, a further 40% or higher reduction in
capital spending by U.S. onshore E&P operators in 2016 on the heels
of a roughly 35% decline in 2015, reflecting expectations for
continued weak crude oil and natural gas prices.  As a result, S&P
has reduced its revenue and EBITDA margin assumptions on Seitel and
expect leverage measures to deteriorate further from S&P's previous
forecasts resulting in debt/EBITDA above 8x and FFO/debt below 5%.

The stable outlook reflects S&P's expectation that liquidity will
remain adequate while leverage measures continue to deteriorate in
2016 before stabilizing in 2017, when S&P expects market conditions
to improve modestly with its forecasted increase in commodity
prices.

S&P could lower the rating if it expects liquidity to become less
than adequate or the possibility of a distressed exchange becomes
elevated.  S&P could foresee such a scenario if commodity prices
remained lower than its forecasted expectations for an extended
period.

Although unlikely over the next 12 months, S&P could revise the
rating higher if market conditions improved such that leverage
measures approached the mid-to-higher end of the highly leveraged
category while liquidity remained adequate.



SFX ENTERTAINMENT: Committee Hires Conway Mackenzie as Advisor
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of SFX Entertainment,
Inc., et al., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Conway Mackenzie, Inc., as
financial advisor for the Committee, nunc pro tunc to February 12,
2016.

The Committee requires Conway Mackenzie to:

     (a) assist in the analysis, review and monitoring of the
restructuring process, including, but not limited to an assessment
of potential recoveries for general unsecured creditors;

     (b) assist in the review of financial information prepared by
the Debtors, including, but not limited to, cash flow projections
and budgets, business plans, cash receipts and disbursement
analysis, asset and liability analysis, and the economic analysis
of proposed transactions for which Court approval is sought;

     (c) assist with the review of the Debtors' analysis of core
and non-core business assets and the potential disposition or
liquidation of the same;

     (d) assist with review of any tax issues associated with, but
not limited to, preservation of net operating losses, refunds due
to the Debtors, plans of reorganization, and asset sales;

     (e) assist in the review and/or preparation of information and
analysis necessary for the confirmation of a plan related to
disclosure statement in these Chapter 11 proceedings;

     (f) attend meetings and assist in discussions with the
Debtors, potential investors, banks, other secured lenders, the
Committee and any other official committees organized in these
chapter 11 proceedings, the U.S. Trustee, other parties in interest
and professionals hired by the same, as requested.

     (g) assist in the review of financial related disclosure
required by this Court, including the Schedules of Assets and
Liabilities, the Statement of Financial Affairs and Monthly
Operating Reports;

     (h) assist with the review of the Debtors' cost/benefit
analysis with respect to the affirmation or rejection of various
executory contracts and leases;

     (i) assist in the evaluation, analysis, and forensic
investigation of avoidance actions, including fraudulent
conveyances and preferential transfers and certain transactions
between the Debtors and affiliated entities;

     (j) assist in the prosecution of Committee
responses/objections to the Debtors' motions, including attendance
at depositions and provision of export reports/testimony on cases
issues as required by the Committee; and

     (j) render other general business consulting or other
assistance as the Committee or its counsel may been necessary that
are consistent with the role of a financial advisor and not
duplicative of services provided by other professionals in this
proceeding.

Conway Mackenzie will be paid at these hourly rates:

      Senior Managing Director             $750
      Paraprofessional                     $200

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

Donald E. Harer, Managing Director of Conway Mackenzie, Inc.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Conway Mackenzie can be reached at:

      Donald E. Harer
      Managing Director
      Conway Mackenzie, Inc.
      DHarer@ConwayMacKenzie.com
      
                      About SFX Entertainment

SFX Entertainment, Inc., and 43 of its affiliates, a global
producer of live events and digital entertainment content focused
exclusively on the electronic music culture and other world-class
festivals, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10238 to 16-10281) on Feb. 1, 2016.  The petitions
were signed by Michael Katzenstein as chief restructuring
officer.



The Debtors disclosed total assets of $661.6 million and total
debts of $490.2 million.



Greenberg Traurig, LLP serves as the Debtors' counsel.  
Kurtzman Carson Consultants LLC acts as the Debtors' claims and
noticing agent.  

Judge Mary F. Walrath is assigned to the case.


SFX ENTERTAINMENT: Creditors' Panel Hires Pachulski as Counsel
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of SFX Entertainment,
Inc., et al., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Pachulski Stang Ziehl &
Jones LLP as counsel for the Committee, nunc pro tunc to February
12, 2016.

The Committee requires PSZJ to:

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

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

     c. assist, advise and represent the Committee in analyzing the
Debtors' asset and liabilities, investigate the extent and validity
of liens and participate in and review any proposed asset sales,
any asset dispositions, financing arrangements and cash collateral
stipulations or proceedings;

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

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

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

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

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

     i. assist, advise and represent the Committee in the
evaluation of claims and on any litigation matters, including
avoidance actions; and

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

PSZL will be paid at these hourly rates:

     Partners/Counsel           $550-$1,195
     Associates                 $425-$550
     Paralegals                 $295-$325

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

Bradford J. Sandler, partner of Pachulski Stang Ziehl & Jones LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

The following is provided in response to the request for additional
information set forth in the Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under U.S.C.
by Attorneys in Larger Chapter 11 Cases:

     -- PSZJ did not represent the client in the 12-month period
prepetition. The billing rates for PSZJ are disclosed in the
Application and are subject to periodic adjustment in accordance
with the Firm's practice.

     -- PSZJ anticipates filing a budget at the time it files its
interim fee applications, and any such budget it may file will be
prior approved by its client. In accordance with the 2013 UST
Guidelines, the budget maybe amended as necessary to reflect
changed circumstances or unanticipated developments.

PSZJ can be reached at:

     Bradford J. Sandler, Esq.
     Debra I. Grassgreen, Esq.
     Joshua M. Fried, Esq.
     Maria A. Bove, Esq.
     Colin R. Robinson, Esq.
     PACHULSKI STANG ZIEHL & JONES LLP
     919 North Market Street, 17th Floor
     P.O. Box 8705
     Wilmington, DE 19899-8705
     Telephone: 302/652-4100
     Facsimile: 302/652-4400
     E-mail: bsandler@pszjlaw.com
             dgrassgreen@pszjlaw.com
             jfried@pszjlaw.com
             mbove@pszjlaw.com
             crobinson@pszjlaw.com

                  About SFX Entertainment



SFX Entertainment, Inc., and 43 of its affiliates, a global
producer of live events and digital entertainment content focused
exclusively on the electronic music culture and other world-class
festivals, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10238 to 16-10281) on Feb. 1, 2016.  The petitions
were signed by Michael Katzenstein as chief restructuring
officer.



The Debtors disclosed total assets of $661.6 million and total
debts of $490.2 million.



Greenberg Traurig, LLP serves as the Debtors' counsel.   Kurtzman
Carson Consultants LLC acts as the Debtors' claims and noticing
agent.  



Judge Mary F. Walrath is assigned to the case.


SOUTH BUFFALO: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: South Buffalo Electric, Inc.
        1250 Broadway Street
        Buffalo, NY 14212

Case No.: 16-10838

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Western District of New York (Buffalo)

Judge: Hon. Michael J. Kaplan

Debtor's Counsel: Robert B. Gleichenhaus, Esq.
                  GLEICHENHAUS, MARCHESE & WEISHAAR, P.C.
                  930 Convention Tower
                  43 Court Street
                  Buffalo, NY 14202
                  Tel: (716) 845-6446
                  Fax: 716-845-6475
                  E-mail: RBG_GMF@hotmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Arnold A. Paolini, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nywb16-10838.pdf


SOUTHWESTERN ENERGY: Egan-Jones Cuts Sr. Unsec. Rating to BB-
-------------------------------------------------------------
Egan-Jones Ratings Company lowered the senior unsecured ratings on
debt issued by Southwestern Energy Co. to BB- on April 27, 2016.

Based in Spring, Texas, Southwestern Energy Company is an
independent energy company primarily focused on natural gas and
crude oil exploration, development and production (E&P) within the
United States.  The Company operations also include natural gas
gathering, transmission, and marketing, as well as natural gas
distribution.



SPORTS AUTHORITY: Committee Taps Houlihan as Investment Banker
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Sports Authority
Holdings, Inc., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Houlihan Lokey Capital, Inc.
as investment banker to the Committee, nunc pro tunc to March 13,
2016.

The Committee requires Houlihan to:

   a) analyze business plans and forecasts of the Debtors;

   b) assess the financial issues and options concerning (i) the
      sale of the Debtors, either in whole or in part, and (ii)
      the Debtors' chapter 11 plans of reorganization or
      liquidation or any other chapter 11 plan(s);

   c) providing financial analyses as the Committee may
      require in connection with the Cases;

   d) assist in the determination of an appropriate capital
      structure for the Debtors;

   e) assist with a review of the Debtors' employee benefit
      programs, including key employee retention, incentive,
      pension and other post-retirement benefit plans;

   f) analyze strategic alternatives available to the Debtors;

   g) review and analysis of any merger and acquisition bids
      received by the Debtors;

   h) evaluate the Debtors' debt capacity in light of its
      projected cash flows;

   i) assist the Committee in identifying potential alternative
      sources of liquidity in connection with any debtor-in-
      possession financing, any chapter 11 plan or otherwise;

   j) represent the Committee in negotiations with the Debtors
      and third parties with respect to any of the foregoing;

   k) provide testimony in court on behalf of the Committee with
      respect to any of the foregoing, if necessary; and

   1) provide other investment banking services as may be
      required by additional issues and developments not
      anticipated on the Effective Date, as described in Section
      5 of the Agreement.

Houlihan will be paid these fees:

   a) Monthly Fees: Houlihan shall be paid in advance a
      nonrefundable monthly cash fee of $125,000 ("Monthly Fee").
      The first payment shall be made upon the approval of the
      Engagement Agreement by the Bankruptcy Court and shall be
      in respect of the period as from the effective Date through
      the month in which payment is made. Thereafter, payment of
      the Monthly Fee shall be made on every monthly anniversary
      of the Effective Date during the term of this Agreement.
      Each Monthly Fee shall be earned upon Houlihan's
      receipt thereof in consideration of Houlihan
      accepting this engagement and performing services as
      described herein; and

   b) Deferred Fee: In addition to the other fees provided for
      herein, the Debtors shall pay Houlihan a fee (the
      "Deferred Fee") to be paid in cash:

      a. In the event of (i) a Chapter 11 plan of reorganization,
         (ii) a Sale Transaction 4 , or (iii) a Chapter 11 or
         Chapter 7 plan of liquidation, the Deferred Fee to be
         paid in cash shall be $1,600,000-plus 1.0% of the Total
         Considerations, if any, received by the unsecured
         creditors in the Cases.

      b. In the event of a Chapter 11 or Chapter 7 plan of
         liquidation that includes the liquidation of all of the
         Debtors stores, the Deferred Fee to be paid in cash
         shall be $1,250,000.

      The Deferred Fee shall be earned and payable upon the
      earlier of (i) the effective date of such Chapter 11 plan
      of reorganization or Chapter 11 or Chapter 7 plan of
      liquidation, with respect to the Debtors (a "Plan") or (ii)
      the closing of a Sale Transaction.

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

Prior to the Petition Date, Houlihan had advised, but had not been
formally retained by, an ad hoc group of noteholders of The Sports
Authority, Inc.'s 11.5% Senior Subordinated Notes due 2018.
Houlihan advised the Ad Hoc Noteholder Group in connection with
potential strategic alternatives and other matters. Houlihan no
longer represents the Ad Hoc Noteholder Group. Houlihan will not
represent any party other than the Committee in connection with
these chapter 11 cases.

Christopher Di Mauro, managing director of Houlihan Lokey Capital,
Inc., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtors and
their estates.

Houlihan can be reached at:

     Christopher Di Mauro,
     HOULIHAN LOKEY CAPITAL, INC.
     10250 Constellation Blvd., 5th Fl.
     Los Angeles, CA 90067
     Tel: (310) 553-8871
     Fax: (310) 553-2173

                  About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928. The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico. The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands. The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016. The petitions were signed by Michael E.
Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.


SPORTS AUTHORITY: Creditor's Panel Hires Pachulski as Counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Sports Authority
Holdings, Inc., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Pachulski Stang Ziehl &
Jones LLP as counsel to the Committee, nunc pro tunc to March 10,
2016.

The Committee requires Pachulski to:

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

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

   c. assist, advise and represent the Committee in analyzing the
      Debtors' assets and liabilities, investigate the extent and
      validity of liens and participate in and review any
      proposed asset sales, any asset dispositions, financing
      arrangements and cash collateral stipulations or
      proceedings;

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

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

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

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

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

   i. assist, advise and represent the Committee in the
      evaluation of claims and on any litigation matters,
      including avoidance actions; and

   j. provide such other services to the Committee as may be
      necessary in these Cases.

Pachulski will be paid at these hourly rates:

     (a)  Partners/Counsel       $550.00-$1,195.00
     (b)  Associates             $425.00-550.00
     (c)  Paralegals             $295.00-$325.00

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

The following is provided in response to the request for additional
information as follows:

   (a) The Firm represents Prospect Medical Holdings, Inc. and
       certain of its subsidiaries ("Prospect") as the purchaser
       or prospective purchaser in two unrelated bankruptcy cases
       pending in the District of New Jersey (In re East Orange
       General Hospital and In re Saint Michael's Medical
       Center). Prospect is owned, in part, by affiliates of
       Leonard Green & Partners LP ("Leonard Green"), and Denver
       Partners LLC, another affiliate of Leonard Green, is the
       majority owner of the Debtors. PSZJ has not and does not
       represent Leonard Green and can be adverse to Leonard
       Green in these cases.

Bradford J. Sandler, partner at Pachulski Stang Ziehl & Jones LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Pachulski can be reached at:

     Bradford J. Sandler, Esq.
     PACHULSKI STANG ZIEHL & JONES LLP
     919 North Market Street, 17th Floor
     Wilmington, DE 19801
     Tel: (302) 652-4100
     Fax: (302) 652-4400
     Email: bsandler@pszjlaw.com

                  About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928. The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico. The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands. The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016. The petitions were signed by Michael E.
Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.


SPORTS AUTHORITY: Creditors' Panel Hires BDO as Financial Advisor
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Sports Authority
Holdings, Inc., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain BDO Consulting as financial
advisor to the Committee, nunc pro tunc to March 13, 2016.

The Committee requires BDO to:

   a. analyze the financial operations of the Debtors pre-and
      post-petition, as necessary;

   b. analyze the financial ramifications of any proposed
      transactions for which the Debtors seek Bankruptcy Court
      approval including, but not limited to, post-petition
      financing and the sale of all or a portion of the Debtors'
      assets;

   c. assist the Committee in its review of monthly statements of
      operations submitted by the Debtors;

   d. perform claims analysis for the Committee;

   e. assist the Committee in its evaluation of cash flow and/or
      other projections, including business plans prepared by the
      Debtors;

   f. scrutinize cash disbursements in an ongoing basis for the
      period subsequent to the commencement of these cases;

   g. perform forensic investigating services, as requested by
      the Committee and counsel, regarding pre-petition
      activities of the Debtors in order to identify potential
      causes of action, including investigating intercompany
      transfers, improvements in position, and fraudulent
      transfers;

   h. analyze transactions with insiders, related and/or
      affiliated companies;

   i. analyze transactions with the Debtors' financing
      institutions;

   j. attend meetings of creditors and conference calls with
      representatives of the creditor groups and their counsel;

   k. prepare certain valuation analyses of the Debtors'
      businesses and assets using various professionally accepted
      methodologies;

   1. evaluate financing proposals and alternatives proposed by
      the Debtors for debtor-in-possession financing, exit
      financing and capital raising supporting any plan of
      reorganization;

   m. assist the Committee in evaluating any tax issues that may
      arise, if necessary;

   n. assist counsel in preparing for any depositions and
      testimony, as well as prepare for and provide expert
      testimony at depositions and court hearings, as requested;
      and

   o. perform other necessary services as the Committee or the
      Committee's counsel may request from time to time with
      respect to the financial, business and economic issues that
      may arise.

BDO will be paid at these hourly rates:

        Level                                 Hourly Rate
        -----                                 -----------
    Partners/Managing Directors                $475-$795
    Directors/Sr. Managers                     $375-$525
    Managers/Vice Presidents                   $325-$425
    Seniors/Analysts                           $200-$350
    Staff                                      $150-$225

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

As part of its practice, BDO appears in cases, proceedings and
transactions involving many different creditors, shareholders,
attorneys, accountants, financial consultants, investment bankers
and other entities, some of which may be, or represent claimants
and parties-in-interest in these cases, including i) Gibson Dunn &
Crutcher LLP, ii) Young Conaway Stargatt & Taylor, LLP, iii) FTI
Consulting, Inc., iv) Rothschild Inc., v) A&G Realty Partners, LLV,
vi) Kurtzman Carson Consultants LLC, vii) Pachulski Stang Ziehl
&Jones LLP, viii) Houlihan Lokey, Inc., ix) Gordon Brothers Retail
Partners, LLC, and x) Sard Verbinnen & Co.

BDO does not represent any entity in connection with the pending
cases or have a relationship with any entity or professional which
would be adverse to the Committee, the Debtors or the Debtors'
estates.

David E. Berliner, partner in the firm of BDO Consulting, a
Division of BDO USA, LLP, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

BDO can be reached at:

     David E. Berliner,
     BDO Consulting
     100 Park Avenue
     New York, NY 10017
     Tel: (212) 885-8000
     Fax: (212( 697-1299
     E-mail: dberliner@bdo.com

                  About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928. The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico. The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands. The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016. The petitions were signed by Michael E.
Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.


SQUARETWO FINANCIAL: Ernst & Young Expresses Going Concern Doubt
----------------------------------------------------------------
SquareTwo Financial Corporation filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing
a net loss attributable to the Company of $119 million on $203
million of total revenues for the year ended Dec. 31, 2015,
compared to a net loss attributable to the Company of $39.5 million
on $247 million of total revenues for the year ended Dec. 31,
2014.

As of Dec. 31, 2015, SquareTwo had $308 million in total assets,
$455 million in total liabilities and a total deficiency of $147
million.

Ernst & Young, LLP, in Denver, Colorado, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has incurred
significant operating losses and has liabilities significantly in
excess of assets.  The auditors said that without access to
additional liquidity, the Company does not expect it will be able
to fund its obligations as they come due in 2016 and beyond, which
raises substantial doubt about its ability to continue as a going
concern.

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

                     http://is.gd/JC2aDv

                        About SquareTwo

SquareTwo Financial Corporation is a Delaware corporation that was
organized in February 1994 and is headquartered in Denver,
Colorado.  On Aug. 5, 2005, CA Holding, Inc. acquired 100% of the
outstanding stock of SquareTwo Financial Corporation and its
subsidiaries.  The Company claims to be a leading purchaser of
charged-off consumer and commercial receivables in the accounts
receivable management industry.


SULLIVAN FIRST RECYCLING: Property Sale to John Bria Approved
-------------------------------------------------------------
Judge Cecelia G. Morris of the U.S. Bankruptcy Court for the
Southern District of New York on April 26, 2016, entered an order
approving the Contract of Sale between debtor Sullivan County First
Recycling, Inc., as seller, and John Bria, as purchaser, for
certain of the Debtor's assets, including (i) all machinery,
equipment, furniture, fixtures, and inventory as well as the logo
and trade name of said business, to-wit, 'Sullivan Country First
Recycling'; (ii) all rights under any service contracts and
contracts for containers or other rental or use of equipment; (iii)
the business telephone and facsimile numbers; (iv) all customer
contracts and service routes; and (v) the telephone number
(collectively, the "Property").  Bria is granted "good faith
purchaser" status in accordance with Section 363(m) of the
Bankruptcy Code and is afforded all of the rights and protections
provided by Section 363(m) of the Bankruptcy Code.

               About Sullivan County First Recycling

Sullivan County First Recycling, Inc., doing business as Sullivan
County First Recycling & Refuse, sought Chapter 11 protection
(Bankr. S.D.N.Y. Case No. 15-35197) on Feb. 5, 2015.  Dawn Kirby
Arnold, Esq., at Delbello Donnellan Weingarten Wise & Wiederkehr,
LLP, in White Plains, New York, serves as the Debtor's counsel.
The Debtor disclosed $969,000 in assets and $1.14 million in
liabilities.


SUSSEX SKYDIVE: WPS Not Entitled to Postpetition Rent
-----------------------------------------------------
Judge Andrew B. Altenburg, Jr., of the U.S. Bankruptcy Court for
the District of New Jersey held that When Pigs Fly, LLC, is not
entitled to postpetition rent and Sussex SkyDive, LLC, is entitled
to damages for violation of the automatic stay.

A full-text copy of Judge Altenburg's Memorandum Decision dated
April 27, 2016, is available at
http://bankrupt.com/misc/BX1990427.pdf

Sussex SkyDive, LLC, sought protection under Chapter 11 of the
Bankruptcy Code on October 2, 2014 (Bankr. D.N.J. Case No.
14-30236).  The Debtor's Counsel is Lewis G. Adler, Esq., at LAW
OFFICE OF LEWIS ADLER, in Woodbury, New Jersey.  The Debtor's
estimated assets is $0 to $50,000 and estimated liiabilities is $1
million to $10 million.  The petition was signed by John Eddowes,
authorized individual.


TEAM EXPRESS: Seeks Court OK of $12MM Sale to Concourse
-------------------------------------------------------
Three-store sports apparel retailer Team Express Distributing, LLC,
on April 25, 2016, filed a motion to sell substantially all assets
to Concourse Sports, LLC, for $12 million, subject to higher or
better offers.

The Debtor negotiated an Asset Purchase Agreement ("Stalking-Horse
APA") with Concourse, after the Petition Date, and after
negotiations with numerous other third parties for the purchase of
the Debtor's assets.  The significant terms of the Stalking-Horse
APA are:

   * Purchase Price: The purchase price will be an amount not to
exceed $12,000,000 plus the assumed liabilities plus cure costs.

   * Purchased Assets: Substantially all of the Debtor's property
and assets, including all accounts receivable, assumed contracts,
purchased cash, tangible personal property, intellectual property,
business records, and various other property.

   * Excluded Assets: means the assets and property of the Debtor
not acquired by Buyer, including all Cash in excess of the
Purchased Cash, all Contracts and associated Contract Rights other
than the Purchaser Assumed Contracts, the MS Dynamics Claims, the
MS Dynamics Lawsuit Proceeds, and the MS Dynamics Privileged
Documents, among other things.

   * Break-Up Fee: The Debtor has agreed to pay Concourse a
$360,000 fee, plus the lesser of (a) $100,000 and (b) out-of-pocket
costs and expenses only if Concourse is not deemed the highest or
best bidder for the Assets and the Debtor consummates the proposed
sale of the Assets with another buyer.

   * Insider Compensation: The insiders will be offered an
opportunity to invest into the buyer.  The insiders will also be
offered employment with the buyer.

In an effort to ensure that it obtains the highest or best price
for the assets, the Debtor determined that establishing a bidding
process is in the estate's best interest.  On April 21, the Debtor
won approval of the bid procedures, which provides for this
timeline:

   a. Deadline to object to cure amounts: April 29, 2016;

   b. Deadline to submit qualified bids: May 2, 2016 at 12:00 p.m.
(CDT);

   c. Auction: May 4, 2016, at 10:00 a.m. (CDT);

   d. Deadline to object to the sale: May 5, 2016  at 5:00 p.m.
(CDT);

   e. Sale hearing: May 6, 2016 at 10:00 a.m. (CDT)

                        About Team Express

Team Express Distributing, LLC, doing business as Baseball Express,
LLC, is a San Antonio-based, multi-channel retailer that sells a
wide range of sporting goods, primarily focusing on team sports
such as football, baseball, basketball, soccer, and others,
manufactured by adidas, Easton Sports, Louisville Slugger, Nike,
Inc., Oakley, Russell Athletic, Schutt Sports, Spalding, Under
Armour, and Wilson Sporting Goods, among many others.  Team Express
operates from three locations in San Antonio, Texas, and employs
approximately 200 employees.

On Dec. 16, 2015, Team Express Distributing, LLC filed a voluntary
petition for relief under chapter 11 of the Bankruptcy Code (Bankr.
W.D. Tex. Case No. 15-53044).

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

On Jan. 8, 2016, an Official Committee of Unsecured Creditors was
appointed in this Bankruptcy Case pursuant to Sec. 1102(a)(1) and
(b)(1).  No trustee or examiner has been appointed in this
Bankruptcy Case.

The Debtor tapped Marcus A. Helt, Esq., at Gardere Wynne Sewell
LLP, as counsel.  Treadstone Capital Advisors, LLC, is the
financial advisor and investment banker.


TECHNIPLAS LLC: S&P Revises Outlook to Negative & Affirms 'B' CCR
-----------------------------------------------------------------
Standard & Poor's Ratings Services said that it has revised its
outlook on Nashotah, Wis.-based automotive plastic components
manufacturer Techniplas LLC to negative from stable.

At the same time, S&P affirmed all of its ratings on the company,
including its 'B' corporate credit rating.

"The outlook revision reflects our belief that Techniplas'
operational challenges will cause its profitability and credit
ratios to become weaker than we had previously expected," said
Standard & Poor's credit analyst Nishit Madlani.

The negative outlook on Techniplas reflects that there is at least
a one-in-three chance that S&P could downgrade the company over the
next 12 months because of its weaker-than-expected FOCF prospects
relative to S&P's base-case expectations.

S&P could lower its ratings on Techniplas to 'B-' if it appears
likely that the company's FOCF will remain flat-to-negative in 2016
and 2017.  This could occur if the company's execution on its
launches is persistently weak and it is unable to absorb the demand
in its end markets while maintaining EBITDA margins of about 8% in
2016.

Under S&P's base-case scenario, it believes that sustained FOCF
generation of $10 million-$15 million (or FOCF of about 5% of
adjusted debt) is commensurate with S&P's expectations for the
current rating.  This should support Techniplas' ability to balance
its business development needs with capital structure stability
over the next 12 months.  S&P could revise its outlook on the
company to stable if it makes clear progress in that direction.



TERRELL COUNTY ISD: S&P Lowers Rating on 2011 GO Bonds to BB+
-------------------------------------------------------------
Standard & Poor's Ratings Services lowered its underlying rating on
Terrell County Independent School District (ISD), Texas' series
2011 unlimited tax general obligation (GO) refunding bonds one
notch to 'BB+' from 'BBB-'.  The outlook is stable.

"The downgrade reflects our assessment of the district's
deteriorating property tax base and historical trend of structural
budgetary deficits over the past few years, resulting in negative
year-end general fund balances from fiscal 2010 to fiscal 2014,"
said Standard & Poor's credit analyst Joyce Jung.

After using $700,000 in deficit financing in fiscal 2015, the
district reported a positive year-end general fund balance, but
recurring expenditures exceeded recurring revenue by $98,000.
Further supporting the downgrade is the district's exposure to the
oil and gas sector, which has led to substantial assessed value
(AV) declines over the past decade. District officials are
projecting another significant AV decline for fiscal 2017, which
will likely compound operating budgetary challenges and require
additional increases to the ISD's debt service tax rate.

The 'BB+' rating reflects S&P's opinion of the district's:

   -- Structural budgetary deficits, with the fiscal 2015 general
      fund surplus attributed solely to deficit financing;

   -- Concentrated local economy in the petrochemical sector,
      which has led to substantial tax base deterioration over the

      past several years, with the expectation that this will
      continue through at least fiscal year-end 2017; and

   -- The district's status as a property-wealthy district under
      the state funding formula, resulting in sizable wealth
      redistribution payments to the state.

S&P believes the district's moderate debt burden with limited
future capital needs partially offsets these weaknesses.

The stable outlook on the 'BB+' underlying rating for credit
program reflects S&P's opinion that the district's efforts to
realign revenues and expenditures for fiscal 2016 could, if
achieved, provide some stability to the district's finances.  Even
if the measures translate into only reduced deficits, the improved
fund balances, albeit funded through a loan, should also provide
some short-term stability to the district.  Due to the ISD's
property-wealthy nature, in S&P's view, there is some potential for
the TEA to intervene or reduce recapture payments, should financial
conditions continue to deteriorate, especially in light of
continued AV declines.  Although S&P recognizes the district's
continued challenges, it believes they are commensurate with the
current rating level.  S&P do not anticipate changing its rating
within the one-year outlook horizon.

Although the district believes that the recent round of expenditure
cuts will restore structural budgetary balance, S&P could further
lower the rating or revise the outlook if fiscal 2016 results
indicate minimal reductions to the operating deficit, or continued
growth, or if property tax base declines are so substantial that,
in S&P's view, the potential of achieving structural balance in the
near future is substantially less likely.

S&P could raise the rating if the 2016 audit demonstrates
structural balance and S&P believes that such budgetary balance is
sustainable, and if the property tax base stabilizes.



TRANSGENOMIC INC: Fails to Comply with Nasdaq's Equity Rule
-----------------------------------------------------------
Transgenomic, Inc. received written notice on April 20, 2016, from
The Nasdaq Stock Market LLC indicating that, based on the
stockholders' equity reported in Transgenomic's Annual Report on
Form 10-K, as filed with the Securities and Exchange Commission on
April 14, 2016, Transgenomic is not in compliance with the minimum
stockholders' equity requirement for continued listing on the
Nasdaq Capital Market, which requires listed companies to maintain
stockholders’ equity of at least $2,500,000, as set forth in
Nasdaq Listing Rule 5550(b)(1).  The Notice has no immediate effect
on the listing of Transgenomic's common stock, and its common stock
will continue to trade on the Nasdaq Capital Market under the
symbol "TBIO" at this time.

In accordance with Nasdaq Listing Rule 5810(c)(2)(C), Transgenomic
has a period of 45 calendar days, or until June 6, 2016, to submit
a plan to regain compliance with the Minimum Stockholders' Equity
Requirement.  If Transgenomic's plan is accepted, Nasdaq may grant
an extension of up to 180 calendar days, or until Oct. 17, 2016, to
evidence compliance.  If Transgenomic's plan is not accepted,
Transgenomic will have the opportunity to appeal the Nasdaq Staff's
determination to a Hearings Panel.

In addition, as previously reported in Transgenomic's Current
Report on Form 8-K, as filed with the SEC on Feb. 26, 2016,
Transgenomic received written notice from Nasdaq on Feb. 23, 2016
,indicating that, based on the closing bid price of its common
stock for the preceding 30 consecutive business days, Transgenomic
is not in compliance with the $1.00 minimum bid price requirement
for continued listing on the Nasdaq Capital Market, as set forth in
Nasdaq Listing Rule 5550(a)(2).  In accordance with Nasdaq Listing
Rule 5810(c)(3)(A), Transgenomic has a period of 180 calendar days,
or until Aug. 22, 2016, to regain compliance with the Minimum Bid
Price Requirement.  To regain compliance, the closing bid price of
Transgenomic's common stock must meet or exceed $1.00 per share for
at least ten consecutive business days during this 180 calendar day
period.

Transgenomic intends to monitor the closing bid price of its common
stock and consider its available options to resolve its
noncompliance with the Minimum Bid Price Requirement and the
Minimum Stockholders' Equity Requirement.  There can be no
assurance that Transgenomic will be able to regain compliance with
the Minimum Bid Price Requirement or the Minimum Stockholders'
Equity Requirement or will otherwise be in compliance with the
other listing standards for the Nasdaq Capital Market.

                      About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in
cardiology, oncology, and inherited diseases through its
proprietary molecular technologies and world-class clinical and
research services.  The Company is a global leader in cardiac
genetic testing with a family of innovative products, including
its C-GAAP test, designed to detect gene mutations which indicate
cardiac disorders, or which can lead to serious adverse events.
Transgenomic has three complementary business divisions:
Transgenomic Clinical Laboratories, which specializes in molecular
diagnostics for cardiology, oncology, neurology, and mitochondrial
disorders; Transgenomic Pharmacogenomic Services, a contract
research laboratory that specializes in supporting all phases of
pre-clinical and clinical trials for oncology drugs in
development; and Transgenomic Diagnostic Tools, which produces
equipment, reagents, and other consumables that empower clinical
and research applications in molecular testing and cytogenetics.
Transgenomic believes there is significant opportunity for
continued growth across all three businesses by leveraging their
synergistic capabilities, technologies, and expertise.  The
Company actively develops and acquires new technology and other
intellectual property that strengthens its leadership in
personalized medicine.

Transgenomic reported a net loss available to common stockholders
of $34.3 million on $1.65 million of net sales for the year ended
Dec. 31, 2015, compared to a net loss available to common
stockholders of $15.08 million on $1.24 million of net sales for
the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Transgenomic had $4.81 million in total
assets, $17.6 million in total liabilities and a total
stockholders' deficit of $12.8 million.

Ernst & Young LLP, in Hartford, Connecticut, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


TRINITY TOWN: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Trinity Town Center LLLP.

                    About Trinity Town Center

Trinity Town Center LLLP is a Florida limited liability limited
partnership, developing, owning and operating the Trinity Town
Center, a real estate project located in Trinity, Florida, that is
intended to be used as a life style center containing retail,
restaurant, financial services, and offices for professional and
medical.

On Jan. 20, 2015, Trinity Town Center LLLP filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 16-00405) in Tampa, Florida.
The petition was signed by Michael D. Luetgert, the CRO.  The
Debtor has scheduled $25,215,778 in total assets and $21,599,870 in
total liabilities.

The Debtor has tapped McIntyre Thanasides Bringgold Elliot as its
legal counsel.

                           *     *     *

The deadline for filing claims is May 9, 2016.


UNISYS CORP: Egan-Jones Cuts FC Sr. Unsec. Rating to B+ From BB
---------------------------------------------------------------
Egan-Jones Ratings Company lowered the foreign currency senior
unsecured rating on debt issued by Unisys Corp. to B+ from BB on
April 26, 2016.

Unisys Corporation is a worldwide information technology services
and solutions company. The Company's services include systems
integration, outsourcing, infrastructure, server technology and
consulting.  The Company primarily serves the financial services,
public sector, communications, transportation, commercial and media
markets.



UNITED CONTINENTAL: S&P Affirms 'BB-' CCR, Outlook Positive
-----------------------------------------------------------
Standard & Poor's Ratings Services affirmed most of its ratings,
including its 'BB-' corporate credit ratings on United Continental
Holdings Inc. and subsidiary United Airlines Inc.  The outlook is
positive.

At the same time, S&P raised its ratings on United Airlines' 1999-1
class B, 1999-2 class B, and 2000-1 class B enhanced equipment
trust certificates (originally issued by Continental Airlines Inc.)
and lowered S&P's ratings on United's 2013-1 class B and 2014-2
class B EETCs, in each case because of changes in collateral
coverage that were outside of S&P's expectations.

United Continental reported much improved earnings and cash flow in
2015, compared with the previous year, and its first quarter 2016
earnings were roughly flat against the same period a year earlier.
The airline narrowed its margin deficit against peers American
Airlines Group Inc. and Delta Air Lines Inc., continuing a trend of
the past two years.

"We expect earnings and credit ratios to level off in 2016 as lower
fuel prices offset weaker pricing and rising non-fuel operating
costs," said Standard & Poor's analyst Philip Baggaley. "We expect
year-over-year fuel savings to narrow as the year proceeds, but the
negative revenue comparisons should also lessen."

United Continental is the third largest U.S. airline, the result of
a 2010 merger between UAL Corp. (parent of United Airlines) and
Continental Airlines Inc.  The company has major hubs at airports
in Newark, N.J., Houston, Chicago, Denver, Los Angeles, San
Francisco, and Washington (Dulles Airport), as well as a large
presence in Asia.  United Airlines has a good position in the
markets where it competes and a comprehensive route network
diversified across U.S. and overseas.  However, the company
participates in the cyclical and price-competitive airline
industry.  The largest four U.S. airlines, which now have a
combined market share of more than 80%, have become more cautious
about adding capacity in recent years, focusing on utilization and
pricing, so as to maximize return on capital.  However, the
industry is still susceptible to the U.S. and global economic
cycles, oil price fluctuations, and unforeseen events such as
global terrorism and disease outbreaks.

United Continental recently made extensive changes to its board of
directors that will result in half of the board turning over and
the appointment of Robert Milton, former chief executive of Air
Canada, as nonexecutive chairman.  Two of the new directors
represent investors that had pressed for changes to include greater
airline industry experience on the board.  The investors were
dissatisfied with United Continental's underperformance against
American and Delta (although that gap has narrowed over the past
two years and the current CEO has led the company for only seven
months).  "We see no immediate credit implications from these
changes, but will be monitoring the new board for any changes in
strategy or financial policy," said Mr. Baggaley.

S&P could raise ratings over the next 12 months if United
Continental's operating performance and financial policy enable it
to maintain an FFO to debt ratio in the high-20% area or better,
and S&P believes it will remain there.

S&P could revise the outlook to stable if weaker-than-expected
earnings or more aggressive shareholder rewards lead S&P to
conclude that the company's funds flow-to-debt ratio will slip back
to the low-20% area or below over the next year.



UTSA APARTMENTS 8: Proposes $32.5MM Sale of Apartment Complex
-------------------------------------------------------------
UTSA Apartments 8, LLC, et al., tenants-in-common holding
fractional interests in The Reserve at UTSA student apartment
complex in San Antonio, Texas, filed on April 25, 2016, a motion
with the Bankruptcy Court seeking approval of a $32,500,000 sale of
The Reserve to Jacobson Co.

A dispute with Woodlark UTSA Apartments, LLC which is the largest
of the TIC’s and holds approximately 21% of the ownership of the
Reserve. Woodlark was the original promotor and is currently
responsible for the management of the apartment complex.  Woodlark
was attempting (or had threatened) a forced sale of the interests
owned by the Debtor TIC’s.

The offer from Jacobson will pay the senior lien holder in full and
is sufficient to pay all debt asserted by Woodlark, which has
stated, through its counsel, that it would accept approximately
$780,000 in satisfaction of its entire claim.  This sum would
include cash advances, unpaid management fees, and Woodlark’s TIC
interests.

There are other TIC’s -- seven -- who have not filed for
bankruptcy protection.  At least six of those have indicated that
they would consent to this sale.  The Debtor TIC’s, however,
assume that one or more of the non-Debtor TIC’s may not consent.
The Debtor certainly assumes that Woodlark may not consent.

Even without consent, the proposed purchase price will be more than
sufficient to pay all allowed secured and unsecured claims, leaving
as much as $4,000,000 for distribution to the allowed claims of the
various TIC’s, including those who have not filed bankruptcy and
Woodlark itself.

The secured creditor is FSJ Reserve, LLC, which is owed
approximately $27.5 million.

Attorneys for the Debtors:

         LANGLEY & BANACK, INC.
         R. Glen Ayers
         745 E. Mulberry, Suite 900
         San Antonio, TX 78216
         Telephone: (210) 736-6600
         Facsimile: (210) 735-6889

               - and -

         CHARLES B. GORHAM, LLP
         Charles B. Gorham
         1027 Austin Highway, Suite 150
         San Antonio, Texas 78209
         Tel: (210) 822-5775
         Fax: (210) 822-3883
         E-mail charles@cgorham.com

                   About UTSA Apartments 8, LLC

UTSA Apartments 8, LLC, et al., are tenants in common ("TIC's"),
each holding fractional interests in The Reserve at UTSA.  The
Reserve is a student apartment complex serving the University of
Texas at San Antonio and located in Northwestern quadrant of San
Antonio.

UTSA Apartments 8, LLC, et al., sought Chapter 11 protection
(Bankr. W.D. Tex. Lead Case No. 15-52941) on Dec. 2, 2015.  

The TIC's who have filed for protection under chapter 11 of the
Bankruptcy Code, have an ongoing dispute with Woodlark UTSA
Apartments, LLC which is the largest of the TIC's and holds
approximately 21% of the ownership of the Reserve.  Woodlark was
the original promotor and is currently responsible for the
management of the apartment complex.

The Debtors are represented by Allen M. DeBard, Esq., at Langley &
Banack, Inc.


V&L TOOL LLC: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: V&L Tool, LLC  
           fdba VLT Acquisition LLC
        2021 MacArthur Road
        Waukesha, WI 53188

Case No.: 16-24208

Chapter 11 Petition Date: April 27, 2016

Court: United States Bankruptcy Court
       Eastern District of Wisconsin (Milwaukee)

Debtor's Counsel: Jonathan D. Golding, Esq.
                  Richard N. Golding, Esq.
                  THE GOLDING LAW OFFICES, P.C.
                  500 N. Dearborn St., 2nd Flr.
                  Chicago, IL 60654
                  Tel: 312-832-7892  
                  E-mail: jgolding@goldinglaw.net
                          rgolding@goldinglaw.net

Total Assets: $5.46 million

Total Liabilities: $5.16 million

The petition was signed by Greg Ahsmann, manager.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/wieb16-24208.pdf


VANTIV LLC: Moody's Hikes Corporate Family Rating to Ba2
--------------------------------------------------------
Moody's Investors Service upgraded Vantiv LLC's corporate family
and probability of default ratings to Ba2 from Ba3 and Ba3-PD from
B1-PD, respectively. Moody's also upgraded the senior secured
credit facilities ratings to Ba2. The rating outlook is stable.

RATINGS RATIONALE

The upgrade reflects Vantiv's strong operating performance, steady
de-leveraging after the debt funded acquisition of Mercury Payment
Systems ("Mercury") for $1.65 billion in June 2014, and Moody's
expectation that adjusted debt to EBITDA will improve to the mid 3
times level (currently 4x) by the end of 2016. Vantiv continues to
enhance its scale as both a merchant acquirer and card issuing
processor for financial institutions. Despite the trend of
consolidation by several leading merchant acquiring competitors,
Vantiv has maintained its position as the second largest merchant
acquirer in the U.S. (based on purchase transactions).

Vantiv will continue to benefit from the secular shift to
electronic payments and its recurring revenue stream, which is
supported by the client referral network of Fifth Third Bancorp and
multi-year contracts. In addition, Vantiv has a scalable processing
platform, driving high profit margins and cash flow. The ratings
also reflect that since the 2012 initial public offering (IPO),
when leverage was below 3 times, Vantiv added sizable debt to
support acquisitions of over $2.1 billion (although none since the
Mercury acquisition) and share repurchases of about $830 million.
Over the long term, Vantiv will continue to invest to protect its
strong market position which will likely keep leverage above the
IPO level.

The stable outlook reflects Moody's view that Vantiv will generate
at least mid-single digit annual revenue growth and free cash flow
of more than $500 million over the next year. Operating performance
will likely be buoyed by a modestly growing U.S. economy, an
expanding sales network and merchant base, and the rapid growth of
integrated payment solutions.

The ratings could be upgraded if Vantiv increases market share
through organic revenue growth without pressuring operating margins
and we expect debt to EBITDA to be sustained in the low 3 times
range. The ratings could be downgraded with declines in revenue and
profits, increased customer churn, poor execution, or heightened
competition. In addition, negative rating pressure could arise from
higher financial leverage (in excess of 4.5x on a Moody's adjusted
basis) for an extended period of time.

Ratings Upgraded:

Issuer: Vantiv LLC

Corporate Family Rating, Ba2 from Ba3

Probability of Default Rating, Ba3-PD from B1-PD

Senior Secured Bank Credit Facilities, Ba2 from Ba3 (LGD3)

Rating affirmed:

Speculative Grade Liquidity Rating, SGL-1

Vantiv, with over $1.8 billion of projected annual net revenue, is
a payment solutions provider servicing financial institutions' and
retailers' credit card, debit card, merchant and private label
programs primarily in North America.


VEREIT OPERATING: Moody's Affirms Ba1 Senior Unsecured Rating
-------------------------------------------------------------
Moody's Investors Service affirmed the Ba1 senior unsecured rating
for VEREIT Operating Partnership, L.P. and revised the rating
outlook to stable, from negative. This rating action reflects
VEREIT's execution of its strategic plan to transform the portfolio
by improving key credit metrics and remediating its accounting and
internal control issues from 2014. The stable outlook reflects
Moody's expectation that VEREIT will continue to improve its
governance and financial profile with key metrics such as fixed
charge, secured debt and Net debt/EBITDA.

The following ratings were affirmed at Ba1 with a stable outlook:

  VEREIT Operating Partnership, L.P.-Backed senior unsecured debt
at Ba1

RATINGS RATIONALE

The revision of the outlook also takes into account VEREIT's
increased liquidity and unencumbered asset base as well as
decreased leverage. VEREIT's $3.3 billion credit facility, which
has an accordion feature up to $4.7 billion, had approximately $1.8
billion of available capacity at December 31, 2015.

The facility expires in 2018 with a one-year extension option to
2019. VEREIT has grown its unencumbered asset base to approximately
66% of gross assets at YE15, an improvement from 63% at YE14.
VEREIT's effective leverage is considered high at 48% of gross
assets at YE15, although reduced from 54% at YE14. Net debt/EBITDA
was 6.4x at YE15, down from 8.5x at YE14. The company has been a
net seller of assets since 2015, applying sales proceeds to reduce
debt. Secured debt has improved to 16% of gross assets at YE15,
down from 18% at YE14. Fixed charge coverage has strengthened to
2.9x at YE15 from 2.1x at YE14.

VEREIT still has outstanding lawsuits regarding its accounting
irregularities, but has passed year-end 2015 Sarbanes-Oxley (SOX)
review after remediating weaknesses in its financial controls.

Upward rating movement would reflect the REIT operating on a
consistent basis with: Net debt/EBITDA closer to 6.5x; fixed charge
coverage at or above 2.5x; leverage below 45%; and secured debt
closer to 10%, in addition to improvement in liquidity through
capital market access and better staggering of debt maturities. A
rating downgrade would likely reflect effective leverage above 50%;
Net debt/EBITDA over 7x; fixed charge coverage below 2.2x; and any
liquidity issues regarding debt maturities.

Moody's last rating action for VEREIT Operating Partnership, L.P.
was on December 16, 2014 when Moody's downgraded VEREIT's senior
unsecured debt to Ba1 with a negative outlook due to the
resignation of its Chairman, CEO and President/COO in the wake of
accounting irregularities and re-audits of several years'
financials.

VEREIT, Inc. (NASDAQ: VER) is a REIT that is engaged in the
ownership and acquisition of single-tenant, free standing real
estate properties. At December 31, 2015, VEREIT owned 4,435
properties in 49 states plus Puerto Rico, Washington, D.C. and
Canada, totaling approximately 100 million square feet and had
total book assets of $17.4 billion and total equity of $8.7
billion.


VESTIS RETAIL: To Assign, Auction Leases for Closing Stores
-----------------------------------------------------------
Vestis Retail Group, LLC, et al., on April 25, 2016, filed with the
U.S. Bankruptcy Court for the District of Delaware a motion to (i)
implement procedures to effectuate the assumption and assignment of
the Debtors' unexpired leases of nonresidential real property for
the closing stores and the other Sport Chalet locations; and (ii)
establish bidding procedures for those leases not subject to the
assignment procedures.

Shortly prior to the Petition Date the Debtors commenced going out
of business sales (the "Store Closing Sales") of all 47 Sport
Chalet stores, along with eight EMS stores and one Bob's Stores
location (collectively, the "Closing Stores").  The Store Closing
Sales will conclude on June 30, 2016, unless the Debtors and the
liquidators of the Closing Stores mutually agree to an earlier or
later date.  In addition, the Debtors expect to stop operations at
the Other Sport Chalet Locations in connection with the orderly
liquidation of Sport Chalet.  Therefore, the Subject Leases will be
disposed of, either through the procedures contemplated herein,
through lease rejections, or by further orders entered by the
Court.  To the extent possible, the Debtors wish to dispose of the
Subject Leases in exchange for some value to the estates.

To assist with their efforts to maximize the value of their Subject
Lease portfolio, the Debtors have entered into agreements with each
of RCS Real Estate Advisors ("RCS") and A&G Realty Partners, LLC
("A&G"). RCS and A&G are well known for their expertise in
assisting with the disposition of leased and owned property and
will provide real estate advisory services with respect to the
Closing Stores and Other Sport Chalet Locations.  In particular,
RCS is advising with respect to the Bob's Stores and EMS Closing
Stores, while A&G is advising with respect to the Sport Chalet
Closing Stores and the Other Sport Chalet Locations.

The Debtors propose the implementation of the Assignment Procedures
to permit the swift transfer of Subject Leases.  Pursuant to the
Procedures, if the Debtors are able to identify a proposed assignee
for a particular Subject Lease or group of Subject Leases, at least
8 days prior to closing, the Debtors will serve an assignment
notice to the notice parties.  If no opposition is received from
one of the notice parties within 7 days from the receipt of the
notice, the Debtors will effectuate an expeditious assumption and
assignment of such Subject Leases.  If opposition is received, the
Debtors will seek an expedited Court hearing to consider approval
of the assumption and assignment of such Subject Leases.

For certain of their Subject Leases, the Debtors believe that a
bidding process will enable them to obtain the highest and best
offers.  To the extent circumstances permit, the Debtors, with the
assistance of RCS and A&G, intend to market the Subject Leases and
subject them to a competitive bid process.  The first step is the
submission of binding bids on or before 4:00 p.m. (EDT) on June 3,
2016 (the "Bid Deadline").  Only those Bidders who have submitted
qualified bids, if any, will be authorized to participate in an
auction.  The auction shall be held on June 8, 2016 at 10:00 a.m.
(EDT).  The sale hearing will be held in the Court on June 22, 2016
at 10:00 a.m. (EDT).

Bids for Bob's Stores and EMS Closing Stores must be submitted to:

         RCS REAL ESTATE ADVISORS
         460 West 34th Street
         New York, NY 10001
         Attn: Spence Mehl
         E-mail: smehl@rcsrealestate.com

Bids for Sport Chalet Closing Stores and the Other Sport Chalet
Locations must be submitted to:

         A&G REALTY PARTNERS, LLC
         445 Broadhollow Road, Suite 410
         Melville, NY 11747
         Attn: Mike Matlat
         E-mail: mike@agrealtypartners.com

Bids for All Subject Leases must be submitted to:

         KLEE, TUCHIN, BOGDANOFF & STERN LLP
         1999 Avenue of the Stars, 39th Floor
         Los Angeles, CA 90067
         Attn: Michael L. Tuchin, Esq.,
               Lee R. Bogdanoff, Esq.
               David M. Guess, Esq.
         E-mail: mtuchin@ktbslaw.com
                 lbogdanoff@ktbslaw.com
                 dguess@ktbslaw.com

         with a copy to:

         YOUNG CONAWAY STARGATT & TAYLOR, LLP
         Rodney Square, 1000 North King Street
         Wilmington, Delaware 19801
         Attn: Robert S. Brady, Esq.
               Robert F. Poppiti, Jr., Esq.
         E-mail: rbrady@ycst.com
                 rpoppiti@ycst.com

                       About Vestis Retail

Headquartered in Meriden, Connecticut, Vestis Retail Group, LLC, et
al., operated 144 retail stores in 15 states as of April 2016.  The
stores include (i) 36 Bob's Stores throughout New England, New
York, and New Jersey; (ii) 61 Eastern Mountain Sports stores
located primarily in the Northeastern states, (iii) 47 Sport Chalet
stores throughout California, Arizona, and Nevada.  Bob's Stores
and EMS primarily operate stores located in the Northeastern
states, while Sport Chalet's stores, which are currently being
liquidated, are located in the Western states.

Prior to the Petition Date, each of the three Debtor retailers
operated an e-commerce site at, respectively,
http://www.bobstores.com/, http://www.sportchalet.com/, and
www.ems.com.  In 2015, the Debtors collectively generated 5% of
their total sales, or approximately $32 million, through
e-commerce, according to Court documents.

Vestis Retail Group and eight of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Proposed Lead Case No.
16-10971) on April 18, 2016.  The Debtors estimated assets in the
range of $0 to $50,000 and debts of $100 million to $500 million.
The petitions were signed by Thomas A. Kennedy as secretary. The
Debtors have hired Young, Conaway, Stargatt & Taylor, LLP as their
counsel, FTI Consulting, Inc. and Lincoln Partners Advisors LLC as
their financial advisor and Kurtzman Carson Consultants, LLC as
their claims and noticing agent.

Judge Christopher S. Sontchi is assigned to the cases.


ZLOOP, INC: Seeks to Auction Off Hickory Assets
-----------------------------------------------
ZLOOP, Inc., and its affiliated debtors on April 26, 2016, filed a
motion asking the U.S. Bankruptcy Court for the District of
Delaware for approval of procedures in connection with the sale of
the Hickory Assets.

The Debtors own certain real property commonly known as 816 13th
Avenue, comprising 3 parcels, and 838 14th Street NE, Hickory, NC,
and all fixtures, improvements and equipment located in the
property.

The Debtors have entered into a Nonbinding Term Sheet on a sale of
the assets to 3 J's of Hickory, LLC, absent higher and better
offers.  The Debtors and 3 J's continue to negotiate towards a
binding asset purchase agreement and expect the agreement to be
executed prior to the May 11, 2016 hearing on the bid procedures.

In order to ensure that they will receive the maximum value for the
Hickory assets, the Debtors propose to test the fairness and
reasonableness of the consideration through an auction process.
The Debtors ask the Court to enter an order establishing a deadline
for bids, and setting an auction if one or more qualified bid is
received in addition to the stalking horse bid of 3 J's.  In the
event that 3 J's is outbid, the Debtors propose to pay 3 J's a
break-up fee of 3% of the purchase price, plus reimbursement of
reasonable out of pocket expenses of up to $35,000.

                         About ZLOOP, Inc.

ZLOOP operates a proprietary, state of the art, 100% landfill free
eWaste recycling company headquartered in Hickory, North Carolina.
Founded in 2012, the Company offers eWaste recycling and data
destruction services through its facility in Hickory, NC.

ZLOOP, Inc., and two affiliates sought Chapter 11 protection
(Bankr. D. Del. Case No. 15-11660) on Aug. 9, 2015.  

The Debtors tapped DLA Piper LLP as counsel.

As of the Petition Date, the Debtors' unaudited consolidated
balance sheet reflect total assets of approximately $25 million,
including the land and improvements, but excluding certain
commodity inventories that are the output of eWaste recycling, and
total liabilities of approximately $32 million.

On Sept. 2, 2015, the U.S. trustee overseeing the Debtors' Chapter
11 cases appointed Recycling Equipment Inc., E Recycling Systems
LLC and Carolina Metals Group to serve on the official committee of
unsecured creditors.  The committee is represented by Cole Schotz
P.C.

                            *     *     *

Zloop, Inc., et al., filed with the U.S. Bankruptcy Court for the
District of Delaware a Joint Chapter 11 Plan of Liquidation and
accompanying disclosure statement, which contemplate the sale of
substantially all of the Debtors' assets, before, on or following
the Effective Date.


[^] BOOK REVIEW: AS WE FORGIVE OUR DEBTORS: Bankruptcy and Consumer
-------------------------------------------------------------------
Authors:    Teresa A. Sullivan, Elizabeth Warren,
             & Jay Westbrook
Publisher:  Beard Books
Softcover:  370 Pages
List Price: $34.95
Review by:  Susan Pannell

Order your personal copy today at
http://www.beardbooks.com/beardbooks/as_we_forgive_our_debtors.html

So you think you know the profile of the average consumer
debtor: either deadbeat slouched on a sagging sofa with a three-
day growth on his chin or a crafty lower-middle class type
opting for bankruptcy to avoid both poverty and responsible debt
repayment.

Except that it might be a single or divorced female who's the
one most likely to file for personal bankruptcy protection, and
her petition might be the last stage of a continuum of crises
that began with her job loss or divorce. Moreover, the dilemma
might be attributable in part to consumer credit industry that
has increased its profitability by relaxing its standards and
extending credit to almost anyone who can scribble his or her
name on an application.

Such are among the unexpected findings in this painstaking study
of 2,400 bankruptcy filings in Illinois, Pennsylvania, and Texas
during the seven-year period from 1981 to 1987. Rather than
relying on case counts or gross data collected for a court's
administrative records, as has been done elsewhere, the authors
use data contained in the actual petitions. In so doing, they
offer a unique window into debtors' lives.

The authors conclude that people who file for bankruptcy are, as
a rule, neither impoverished families nor wily manipulators of
the system. Instead, debtors are a cross-section of America. If
one demographic segment can be isolated as particularly debt-
prone, it would be women householders, whom the authors found
often live on the edge of financial disaster. Very few debtors
(3.7 percent in the study) were repeat filers who might be
viewed as abusing the system, and most (70 percent in the study)
of Chapter 13 cases fail and become Chapter 7s. Accordingly, the
authors conclude that the economic model of behavior--which
assumes a petitioner is a "calculating maximizer" in his in his
decision to seek bankruptcy protection and his selection of
chapter to file under, a profile routinely used to justify
changes in the law--is at variance with the actual debtor
profile derived from this study.

A few stereotypes about debtors are, however, borne out. It is
less than surprising to learn, for example, that most debtors
are simply not as well-off as the average American or that while
bankrupt's mortgage debts are about average, their consumer
debts are off the charts. Petitioners seem particularly
susceptible to the siren song of credit card companies. In the
study sample, creditors were found to have made between 27
percent and 36 percent of their loans to debtors with incomes
below $12,500 (although the loans might have been made before
the debtors' income dropped so low). Of course, the vigor with
which consumer credit lenders pursue their goal of maximizing
profits has a corresponding impact on the number of bankruptcy
filings.

The book won the ABA's 1990 Silver Gavel Award. A special 1999
update by the authors is included exclusively in the Beard Book
reprint edition.


                            *********

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,
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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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
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