TCR_Public/160504.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, May 4, 2016, Vol. 20, No. 125

                            Headlines

ADC HEALTH CARE: Appointment of Patient Care Ombudsman Waived
AF-SOUTHEAST, LLC: Pursues Sale Process Without Stalking Horse
AIX ENERGY: June 8 Auction for Assets
AIX ENERGY: LegacyTexas Wants Ch. 11 Case Converted
ALLWAYS EAST: Voluntary Chapter 11 Case Summary

AMERICAN AIRLINE: Court OK's Bid to Enforce Injunction vs. Meadows
AUTHENTIDATE HOLDING: Announces AEON's Audited Results for 2015
BATE LAND & TIMBER: Court Denies Bid to Put Plan Order on Hold
BG MEDICINE: Amends 2015 Annual Report to Add Part III
BHAVDARSHAN INC: Voluntary Chapter 11 Case Summary

BUFFETS LLC: Has Until May 20 to File Schedules of Assets and Debt
CAESARS ENTERTAINMENT: Fee Monitor Reviewing Rate Increases
CARRICK TRUCKING: Trustee Obtains Partial Win in 4 Clawback Suits
COCRYSTAL PHARMA: Files Amended 2015 Annual Report
COLOR LANDSCAPES: Case Summary & 20 Unsecured Creditors

DANIEL BRUCE CARPENTER: Objection to IUD's Claim Overruled
DEBRA MARIE GUAJARDO: IRS Has Priority to Sale Proceeds
DEVONSHIRE PGA: ELP's Bid for Summary Judgment Denied
DEX MEDIA: Enters Into RSA, Commences Pre-Pack Plan Solicitation
DJ SIMMONS: Hires Dimmick as Real Estate Broker

ECI HOLDINGS: Case Summary & 8 Unsecured Creditors
ELTON H. DARBY JR: Has 1/6 Interest in Property, Seeks Sale
EMERALD ISLE: NDUC Seeks Dismissal of Ch. 11 Case
EMERALD OIL: Hires BDO USA as Accountant and Auditor
ENERGY & EXPLORATION: Lease Decision Date Extended to July 5

ENERGY & EXPLORATION: Schedules $223M in Assets, $1.19B in Debt
ENERGY CONVERSION: Court Narrows Trustee's Claims v. Morelli
ENERGY FUTURE: Marathon's Suit vs. Wilmington Dismissed
FAIRWAY GROUP: Case Summary & 40 Largest Unsecured Creditors
FAIRWAY GROUP: Files Chapter 11 to Facilitate Restructuring

FAIRWAY GROUP: Files for Ch. 11 Bankruptcy with Prepackaged Plan
FLOUR CITY BAGELS: Hires Kittel Branagan as Tax Consultant
FOUR WELLS: Dismissal of Jointly Administered Ch. 11 Cases Affirmed
FREDDIE MAC: Blames 1st Quarter Loss on Derivatives Accounting
FRESH & EASY: Selling FFE Assets in Store 1240 for $17,500

FUSION TELECOMMUNICATIONS: Amends 2015 Annual Report
GEO V. HAMILTON: Seeks Dec. 31 Extension of Lease Decision Deadline
GYMBOREE CORP: Bank Debt Trades at 25% Off
HARLEQUINS WEB: Hires Reganyan as General Bankruptcy Counsel
HEBREW HOSPITAL: Hires Foreman Law as Conflicts Counsel

HEBREW HOSPITAL: Hires Prime Clerk as Claims & Noticing Agent
HEC FEEDYARD: Pushes Back Auction for Texas Facilities
HNO GREEN: Deadline to Confirm Plan Extended to June 30
HNRC DISSOLUTION: Terry Giese Suit vs. Community Tax Dismissed
HUFFMAN CONSTRUCTION: Case Summary & 10 Unsecured Creditors

HUTCHESON MEDICAL: Trustee Can Access Properties After Sale Closing
IHEARTMEDIA INC: In Mediation with Lenders
INDICON INC: 2nd Cir. Affirms Dismissal of Vanguard's Claims
J. CREW: Bank Debt Trades at 21% Off
JOHN DAVIS TRUCKING: Lander Buying Equipment for $220,000

JOHN DAVIS TRUCKING: Selling 21 Scrap Vehicles for $15K
JOHN DAVIS TRUCKING: Selling Office Furniture, Supplies for $1,500
JOHN DAVIS TRUCKING: Taps Ritchie Bros. to Sell Equipment
JUNIPER GTL: Gets Court Approval to Hire Donlin as Noticing Agent
KEVIN BOUTIN: 2013 BMW 650i Not Property of Estate, Sale Denied

KINGWOOD FOOD: Case Summary & Unsecured Creditor
KNH AVIATION: Partial Bid to Junk Suit vs. M. Hill, et al., Denied
LAKE TAHOE: Ch. 11 Case Must Be Dismissed, Sorm Insists
LGA&M MANAGEMENT: U.S. Trustee Unable to Appoint Committee
LOUISIANA PELLETS: Hires Headwaters and Saltbox as Consultants

MALLINCKRODT GROUP: Bank Debt Trades at 3% Off
MODERN SHOE: Case Summary & 18 Largest Unsecured Creditors
MOTORS LIQUIDATION: Chenaults' State Court Suit Violates Stay
MUSCLEPHARM CORP: Amends 2015 Annual Report
NEIMAN MARCUS: Bank Debt Trades at 5% Off

NEPHROGENEX INC: Meeting to Form Creditors' Panel Set for May 12
NEWBURY COMMON: Stay Must be Lifted, U.S. Bank Insists
NEWBURY COMMON: U.S. Bank Opposes Bid to Hire Real Estate Brokers
NORFE GROUP: Asks Court to Junk PRAPI's Lift Stay Motion
NORFE GROUP: Court Allows Use of Estate Property

NORTEL NETWORKS: U.S. Challenge Shut Down by Canadian Court
OUTER HARBOR: Insists Gibson Dunn Has Expertise in NLRB Action
PACIFIC EXPLORATION: PwC Named as CCAA Monitor
PALADIN ENERGY: Hires Munsch Hardt Kopf & Harr as Attorneys
PASSAIC HEALTHCARE: $550K Sale of All Assets to MedStar Approved

PBS FOODS: Lex. Ave.'s Bid for Relief from Rule 9019 Order Denied
PENN VIRGINIA: Tells SEC Bankruptcy Filing "Highly Likely"
PIONEER HEALTH: Judge Orders Administrative Consolidation of Cases
PIONEER HEALTH: Trustmark Wants Automatic Stay Relief
PIONEER HEALTH: Unit Gets Interim Approval to Use Cash Collateral

PORTER BANCORP: Reports 1st Quarter 2016 Net Income of $1.4-Mil.
PULTEGROUP INC: S&P Affirms 'BB+' CCR, Outlook Stable
QUANTUM FUEL: Creditors' Panel Hires Liner as Counsel
QUICKSILVER RESOURCES: Seeks to Extend Deadline to Remove Suits
RAZA SERVICES: Court Lifts Automatic Stay for Texas Bank

REPUBLIC AIRWAYS: Court OKs Delta Agreements, $75M DIP Financing
REPUBLIC AIRWAYS: May Reject Aircraft Aerodynamics Lease
RICHARD MERCER: Seeks to Sell Las Vegas Lot for $2 Million
RONALD VAN DEN HEUVEL: Indicted Businessman Files for Bankruptcy
RONNIE EMEL MUSIC: UST's Objection to McCallar Employment Overruled

SERVICEMASTER CO: S&P Raises CCR to 'BB-', Outlook Stable
SILICON ALLEY: Voluntary Chapter 11 Case Summary
SIMPLY FASHION: Court OKs Deal With BP for Special Counsel Fees
SPORTS AUTHORITY: Blakeley Represents Ad Hoc Consignor Committee
ST. MICHAEL'S MEDICAL: Prime Healthcare Completes Acquisition

STEPHEN HARRIS: Hearing on Bid Procedures Deferred to May 6
SUNEDISON INC: Sullivan & Cromwell Represents Terraform
T.E. BERTAGNOLLI: Seeks to Sell Carson Property for $10,760
TRANSPORT EXPRESS: Case Summary & 12 Unsecured Creditors
TRINITY TOWN: Gets Final Nod to Obtain $500,000 DIP Financing

TRONOX INC: Bank Debt Trades at 5% Off
TUSCAN HEIGHTS: Voluntary Chapter 11 Case Summary
ULTIMATE ESCAPES: Court Dismisses Suit vs. Club Holdings
ULTRA PETROLEUM: Incurs $21.8 Million Net Loss in First Quarter
UPPER DECK INTERNATIONAL: Seeks Approval of Hasbro Settlement

VALEANT PHARMACEUTICALS: Incurs $292 Million Net Loss in 2015
VALEANT PHARMACEUTICALS: Michael Pearson to Get $2M Annual Salary
VALEANT PHARMACEUTICALS: Names Joseph Papa Chairman and CEO
VESTIS RETAIL: Judge Orders Joint Administration of Cases
VIKING CONSTRUCTORS: Case Summary & 12 Unsecured Creditors

WARNER MUSIC: Approves New Director Compensation
WARNER MUSIC: Elects Ynon Kreiz to Board of Directors
WHITING PETROLEUM: Reports Q1 2016 Financial & Operating Results
[*] Suit Accuses PACER of Milking Public for Access

                            *********

ADC HEALTH CARE: Appointment of Patient Care Ombudsman Waived
-------------------------------------------------------------
U.S. Bankruptcy Judge Brenda T. Rhoades has ordered that the
appointment of a Patient Care Ombudsman in the Chapter 11 cases of
ADC Health Care Services, Inc., is waived.

ADC Health Care Services, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Tex. Case No. 16-40683) on Apr. 12, 2016.
The petition was signed by Desmond Imoh as president.  The Debtor
disclosed estimated assets of between $0 to $50,000 and estimated
liabilities of between $500,001 to $1 million.  Eric A. Liepins
P.C. serves as the Debtor's counsel.  Hon. Brenda T. Rhoades
presides over the case.



AF-SOUTHEAST, LLC: Pursues Sale Process Without Stalking Horse
--------------------------------------------------------------
AF-Southeast, LLC, et al., filed with the U.S. Bankruptcy Court for
the District of Delaware on April 27, 2016, a motion seeking
approval of bidding procedures to be used for the sale of their
assets and related personal property.

The Debtors have been engaged in a marketing process for the sale
of certain of their assets as a going concern for approximately 18
months.  Despite the Debtors' robust marketing process, to date,
none of the interested potential bidders has come forward to serve
as a stalking horse for the Sale process.

So, in the interests of time, and in order to maintain maximum
flexibility with respect to the Sale, the Debtors have opted not to
engage in lengthy discussions and negotiations with prospective
purchasers in an effort to select a stalking horse bid for the
Purchased Assets.  Rather, the Debtors are soliciting one or more
Qualified Bids for the Purchased Assets without having provided any
bid protections or other form of strategic advantage to any
particular prospective bidder.  It should also be noted that, as
part of the Debtors' prepetition negotiations with the Pre-Petition
Lender and the Junior Lien Lenders, and in conjunction with the
Debtors' chapter 11 filings, the Debtors have retained the services
of PMCM, LLC ("PMCM") to provide the Debtors with an independent
CRO and certain Additional PMCM Personnel pursuant to the
engagement letter executed on April 20, 2016, and designated
Michael E. Jacoby as the Debtors' CRO, effective as of the Petition
Date.  PMCM will assist the Debtors and their other professionals
with the marketing and Sale, which will include establishing,
populating and maintaining a virtual data room ("VDR") for Sale due
diligence, as well as preparing a mass marketing and call list for
direct contact with parties in the Debtors' industry as well as
potential financial buyers that are active in the Debtors' market
space.

Accordingly, the Debtors are seeking to offer for purchase
substantially all of the Purchased Assets.  The Debtors propose to
sell the Purchased Assets to the highest or otherwise best bidder
at Auction (the "Prevailing Bidder").

The Sale of the Purchased Assets is subject to a competitive
Auction process that will assure that the maximum value for the
Purchased Assets will be realized for the Debtors' estates and
their creditors.  Accordingly, the Debtors have filed a Motion
seeking the approval of the Bidding Procedures and, following a
subsequent hearing (i.e., the Sale Hearing), approval of the Sale
of the Purchased Assets.

Counsel for the Debtors:

         FOX ROTHSCHILD LLP
         L. John Bird
         919 North Market Street, Suite 300
         Wilmington, DE 19801-2323
         Tel: (302) 654-7444
         Fax: (302) 656-8920
         E-mail: lbird@foxrothschild.com

             - and -

         Michael G. Menkowitz
         Joshua T. Klein
         Jason C. Manfrey
         2000 Market Street, 20th Floor
         Philadelphia, PA 19103-3222
         Tel: (215) 299-2000
         Fax: (215) 299-2150
         E-mail: mmenkowitz@foxrothschild.com
                 jklein@foxrothschild.com
                 jmanfrey@foxrothschild.com

                   About AF-Southeast LLC

AF-Southeast, LLC, Allied Fiber-Florida, LLC and Allied
Fiber-Georgia, LLC are engaged in the business of designing,
constructing and operating an open access, physical layer,
network-neutral colocation and dark fiber network.

Each of the Debtors filed a Chapter 11 bankruptcy petition (Bankr.
D. Del. Case Nos. 16-11008, 16-11009 and 16-11010, respectively) on
April 20, 2016, to pursue a sale of the assets.

Judge Kevin Gross is assigned to the cases.

The Debtors estimated assets in the range of $10 million to $50
million and liabilities of up to $50 million.

As of the Petition Date, Debtors have first priority secured
indebtedness due and owing to senior pre-petition lender Strome
Mezzanine Fund IV, LP, in the approximate principal amount of
approximately $51 million.  Strome is providing the Debtors DIP
financing in the amount of up to $4.47 million.

Allied Fiber – Florida, LLC, is indebted to Phoenix Fund, LLC,
and junior lien holders in the approximate amount of $51 million
plus approximately $14 million in interest thereon.

FOX Rothschild LLP serves as counsel.  PMCM, LLC is the Debtors'
chief restructuring officer provider.



AIX ENERGY: June 8 Auction for Assets
-------------------------------------
The Bankruptcy Court for the Northern District of Texas, Dallas
Division, scheduled an auction for substantially all of AIX Energy,
Inc.'s assets on June 8, 2016.

As a condition for a bid to be a Qualifying Bid, the Chapter 11
Trustee may require Potential Bidders to submit an executed asset
purchase agreement in a standard form which if required will be
made public by no later than May 15, 2016.  Potential Bidders are
required to submit statements that they are financially capable of
consummating the transactions contemplated along with written
evidence in support thereof by May 24, 2016.  The Bid Deadline for
Qualifying Bids shall be changed from “April 13, 2016 to May
25th.”  Qualifying Bids shall be opened and evaluated on May 26,
2015.

The Trustee will file the assumption and assignment notice
contemplated in Bid Procedures by June 6, 2016, rather than April
15, 2016.

The Sale Hearing is changed to June 15, 2016, and closing of the
sale transaction shall be changed from “in no event later than
May 12, 2016" to “in no event later than July 15, 2016.”

The bid procedures were modified after the appointment of a Chapter
11 Trustee.  The Trustee proposed, among other things, that any
objections to the sale contemplated in the Bid Procedures, Bid
Procedures Order, and First Modification Order, shall be due on or
before June 10, 2016 rather than by May 2nd.

Creditor Energy Reserves Group LLC complained that although ERG
recognizes that additional time is necessary to market these
properties, the delay proposed by the Trustee for the Debtor is too
drawn out, thus, the longer these cases drag on the higher the
administrative fees and expenses will be.

Chapter 11 Trustee is represented by:

       Jason R. Searcy, Esq.
       Joshua P. Searcy, Esq.
       Callan C. Searcy, Esq.
       SEARCY & SEARCY, P.C.
       PO Box 3929
       Longview, Texas 75606
       Telephone: (903) 757-3399
       Facsimile: (903) 757-9559

Energy Reserves Group LLC is represented by:

       Leonard H. Simon, Esq.
       Pendergraft & Simon, LLP
       2777 Allen Parkway, Suite 800
       Houston, TX 77019
       Telephone: (713) 528-8555
       Facsimiles: (713) 868-1267
       Email: lsimon@pendergraftsimon.com


                                       
                                             About AIX Energy

AIX Energy, Inc., is an oil and gas exploration and production
company.  AIX's business includes drilling oil and gas wells and
selling the petroleum products that result from such drilling
activities.  As such, AIX acquires and holds drilling and
production rights over various tracts of land located in Louisiana
through a number of oil, gas and mineral leases.

AIX Energy sought Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Case No. 15-34245) on Oct. 22, 2015.  The petition was signed
by Robert A. Imel, president.

The AIX case was originally assigned to Judge Barbara J. Houser,
but was transferred to Judge Stacey G.C. Jernigan, who oversees the
bankruptcy case of Antero Energy Partners.

AIX tapped The Harvey Law Firm, P.C., as counsel when it filed for
bankruptcy.  The Debtor won approval to engage Orenstein Law Group,
P.C. as special counsel.

The Official Committee of Unsecured Creditors won approval to
retain Michael S. Haynes and the firm Gardere Wynne Sewell LLP as
counsel.

                                             *     *      *

The Sec. 341(a) meeting of creditors was held Nov. 19, 2015, which
was continued to Jan. 5, 2016.

AIX on Feb. 12, 2016, filed a motion to extend by 90 days its
exclusive period to propose a Chapter 11 plan by May 19, 2016, and
its exclusive period to solicit acceptances of that that plan by
Aug. 19, 2016.  No order was entered.

Instead, the Court on March 23 entered an order directing the
appointment of a Chapter 11 trustee in AIX's case.

On March 14, 2016, Judge Houser held a hearing on the motion for
joint administration of the Chapter 11 cases of AIX and Antero.  At
the conclusion of the hearing, the Court determined not to order
the joint administration of the cases and further determined to
transfer the AIX case to Judge Jernigan.

On March 18, 2016, the Official Committee of Unsecured Creditors
and LegacyTexas Bank entered a stipulation extending the
Investigation Period as defined in  Final DIP the Order with
respect to the Committee is extended through and including April
21, 2016.


AIX ENERGY: LegacyTexas Wants Ch. 11 Case Converted
---------------------------------------------------
LegacyTexas Bank asked the U.S. Bankruptcy Court to convert the
Chapter 11 case of AIX Energy Inc. to a case under Chapter 7 of the
Bankruptcy Code or appoint a Chapter 11 Trustee because the
Debtor's estate are administratively insolvent and the Debtor is
continuously incurring operating losses.

On March 24, 2016, William T. Neary, United States Trustee,
appointed Jason Searcy as Chapter 11 trustee, after winning
approval from the U.S. Bankruptcy Court for the appointment of a
Chapter 11 trustee.

The United States Trustee selected Jason Searcy to serve as Trustee
after consulting with Keith William Harvey, counsel for the Debtor;
Franklin L. Broyles, counsel for Antero Energy Partners, LLC (Case
No. 16-30308-SGJ-11); Leonard H. Simon, counsel for Energy Reserves
Group, LLC; Eli O. Columbus, counsel for LegacyTexas Bank; Nathan
Nichols, special litigation counsel to the Debtor; Michael S.
Haynes, counsel to the Official Committee of Unsecured Creditors in
this case; Stephen M. Pezanosky, counsel for NextEra Energy Gas
Producing, LLC; and Brandon Jones for Dependable Pump & Supply.”

LegacyTexas Bank is represented by:

       Eli O. Columbus, Esq.
       Matthew T. Ferris, Esq.
       Lloyd A. Lim, Esq.
       WINSTEAD PC
       500 Winstead Building
       2728 N. Harwood Street
       Dallas, Texas  75201
       Telephone: (214) 745-5400
       Facsimile: (214) 745-5390
       Email: ecolumbus@winstead.com
              mferris@winstead.com
              llim@winstead.com

William T. Neary, U.S. Trustee for Region 6 is represented by:

       Meredyth A. Kippes, Esq.
       Trial Attorney
       OFFICE OF THE UNITED STATES TRUSTEE
       1100 Commerce Street, Room 976
       Dallas, Texas  75242
       Telephone: (214) 767-1079
       Email: meredyth.a.kippes@usdoj.gov

Chapter 11 Trustee is represented by:

       Jason R. Searcy, Esq.
       Joshua P. Searcy, Esq.
       Callan C. Searcy, Esq.
       SEARCY & SEARCY, P.C.
       PO Box 3929
       Longview, Texas 75606
       Telephone: (903) 757-3399
       Facsimile: (903) 757-9559

Energy Reserves Group LLC is represented by:

       Leonard H. Simon, Esq.
       Pendergraft & Simon, LLP
       2777 Allen Parkway, Suite 800
       Houston, TX 77019
       Telephone: (713) 528-8555
       Facsimiles: (713) 868-1267
       Email: lsimon@pendergraftsimon.com

                 About AIX Energy

AIX Energy, Inc., is an oil and gas exploration and production
company.  AIX's business includes drilling oil and gas wells and
selling the petroleum products that result from such drilling
activities.  As such, AIX acquires and holds drilling and
production rights over various tracts of land located in Louisiana
through a number of oil, gas and mineral leases.

AIX Energy sought Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Case No. 15-34245) on Oct. 22, 2015.  The petition was signed
by Robert A. Imel, president.

The AIX case was originally assigned to Judge Barbara J. Houser,
but was transferred to Judge Stacey G.C. Jernigan, who oversees the
bankruptcy case of Antero Energy Partners.

AIX tapped The Harvey Law Firm, P.C., as counsel when it filed for
bankruptcy.  The Debtor won approval to engage Orenstein Law Group,
P.C. as special counsel.

The Official Committee of Unsecured Creditors won approval to
retain Michael S. Haynes and the firm Gardere Wynne Sewell LLP as
counsel.

                                             *     *      *

The Sec. 341(a) meeting of creditors was held Nov. 19, 2015, which
was continued to Jan. 5, 2016.

AIX on Feb. 12, 2016, filed a motion to extend by 90 days its
exclusive period to propose a Chapter 11 plan by May 19, 2016, and
its exclusive period to solicit acceptances of that that plan by
Aug. 19, 2016.  No order was entered.

Instead, the Court on March 23 entered an order directing the
appointment of a Chapter 11 trustee in AIX's case.

On March 14, 2016, Judge Houser held a hearing on the motion for
joint administration of the Chapter 11 cases of AIX and Antero.  At
the conclusion of the hearing, the Court determined not to order
the joint administration of the cases and further determined to
transfer the AIX case to Judge Jernigan.

On March 18, 2016, the Official Committee of Unsecured Creditors
and LegacyTexas Bank entered a stipulation extending the
Investigation Period as defined in  Final DIP the Order with
respect to the Committee is extended through and including April
21, 2016.


ALLWAYS EAST: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Allways East Transportation Inc.
        870 Nepperhan Avenue
        Yonkers, NY 10703-2011

Case No.: 16-22589

Chapter 11 Petition Date: April 28, 2016

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

Judge: Hon. Robert D. Drain

Debtor's Counsel: Erica Feynman Aisner, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue
                  White Plains, NY 10601
                  Tel: 914-681-0200
                  Fax: 914-684-0288
                  E-mail: erf@ddw-law.com

                    - and -

                  Julie Cvek Curley, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue, 11th Floor
                  White Plains, NY 10601
                  Tel: (914) 681-0200
                  Fax: (914) 684-0288
                  E-mail: jcurley@ddw-law.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Marlaina Koller, vice president.

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


AMERICAN AIRLINE: Court OK's Bid to Enforce Injunction vs. Meadows
------------------------------------------------------------------
Judge Sean H. Lane of the United States Bankruptcy Court for the
Southern District of New York granted AMR Corporation, et al.'s
motion to enforce the discharge injunctions contained within the
Plan and Confirmation Order against Lawrence M. Meadows.

Before the Court is the motion of the debtors pursuant to Sections
524 and 1141 of the Bankruptcy Code to enforce the plan and the
confirmation order against Lawrence M. Meadows. The Debtors filed
the Motion against Mr. Meadows seeking to prevent him from
continuing or commencing any action or proceeding against the
Debtors for any conduct or claims that occurred or arose before the
commencement of the Debtors' Chapter 11 cases on November 29, 2011.
The Debtors seek this relief because they contend that Mr. Meadows
has violated the injunction provisions of the Fourth Amended Joint
Chapter 11 Plan, dated September 23, 2013 and the order confirming
the Debtors' Plan by continuing to pursue old litigation and
commencing new actions against the Debtors for claims that were
discharged under the Plan and Confirmation Order. The Debtors seek
entry of an order: (i) finding that Mr. Meadows violated the Plan
and the Confirmation Order by commencing and continuing the Legal
Actions; (ii) enjoining Mr. Meadows from seeking any other relief
against the Debtors based on any alleged conduct or claims that
occurred or arose pre-petition; (iii) directing Mr. Meadows to
dismiss the Legal Actions; and (iv) directing Mr. Meadows to
communicate all matters concerning his litigation exclusively with
American's outside legal counsel.

A full-text copy of the Memorandum of Decision dated April 14, 2016
is available at http://is.gd/xvgb5Efrom Leagle.com.

The case is In re: AMR CORPORATION, et al., Chapter 11, Reorganized
Debtors, Case No. 11-15463 (SHL).

AMR Corporation, et al., Debtor, is represented by Robert D.
Albergotti, Esq. --
robert.albergotti@haynesboone.com -- Haynes and Boone, LLP,
Jasmine Ball, Esq. -- jball@debevoise.com -- Debevoise & Plimpton
LLP, Richard J. Bernard, Esq. -- rbernard@foley.com  -- Foley &
Lardner LLP, Paul A. Covell, Jeanette L. Dixon, Esq. --
jldnull@nullmanningllp.com -- Manning & Kass Ellrod, Ramirez,
Trester LLP, Todd C. Duffield, Esq. -- Paul Hastings, Scott W.
Everett, Esq. -- Haynes and Boone, LLP, Lars C. Golumbic, Esq. --
lgolumbic@groom.com -- Groom Law Group, Chartered, Richard F. Hahn,
Esq. -- rfhahn@debevoise.com -- Debevoise & Plimpton LLP, Autumn D.
Highsmith, Esq.--
autumn.highsmith@haynesboone.com -- Haynes and Boone, LLP, Stephen
Karotkin, Esq. -- stephen.karotkin@weil.com -- Weil, Gotshal &
Manges LLP, Rachel J. Mauceri, Esq. --
rachel.mauceri@morganlewis.com -- Morgan, Lewis & Bockius LLP,
Edward J. Meehan, Esq. -- emeehan@groom.com -- Groom Law Group,
Chartered, Trey Monsour, Esq. -- trey.monsour@klgates.com -- K&L
Gates LLP, Alfredo R. Perez, Esq. -- alfredo.perez@weil.com -- Weil
Gotshal & Manges, Marc G. Schildkraut, Schildkraut, Jeffrey S.
Stein, GCG, Inc., Kevin Walsh, Groom Law Group, Michael E. Wiles,
United States Bankruptcy Court SDNY, Stephen A. Youngman, Weil,
Gotshal & Manges, LLP, Julia E. Zuckerman, Groom Law Group,
Chartered.

United States Trustee, United States Trustee, represented by
Elisabetta Gasparini, Office of the United States Trustee, Brian
Shoichi Masumoto, Office of the United States Trustee, Eric J.
Small, Office of the United States Trustee.

GCG, Inc. Claims Agent, Claims and Noticing Agent, represented by
Angela Ferrante, Garden City Group, LLC.

Official Committee of Unsecured Creditors, Creditor Committee,
represented by Neil Matthew Berger, Togut, Segal & Segal LLP, John
Wm. Butler, Jr., Skadden Arps Slate Meagher & Flom LLP, John K.
Lyons, Skadden Arps Slate Meagher & Flom LLP, Albert Togut, Togut,
Segal & Segal LLP.


AUTHENTIDATE HOLDING: Announces AEON's Audited Results for 2015
---------------------------------------------------------------
Authentidate Holding Corp. announced AEON Clinical Laboratories'
audited results for the year ended Dec. 31, 2015.

On Jan. 27, 2016, Authentidate closed a merger transaction whereby
privately-held AEON merged with a wholly-owned subsidiary of
Authentidate, creating a combined company focused on delivering
innovative solutions that achieve best practices in medicine while
raising the standard of healthcare.  The financials reflect the
results of AEON as a private company, prior to the completion of
the merger.

2015 AEON Financial Highlights

  * Net revenue of $34.85 million - compared to $24.1 million in
    2014

  * Net income of $13.75 million - compared to $10.8 million in
    2014

  * As adjusted EBITDA of $16.36 million - compared to $11.6
    million in 2014

  * As adjusted EBITDA margin of 47%

Richard Hersperger, chief executive officer of Authentidate,
stated, "We are pleased that our strong sales capability combined
with our state-of-the-art testing services delivered solid revenue
growth in 2015 as well as a significant expansion of EBITDA and Net
Income.  With the Aeon and Authentidate combination almost
complete, we are excited about what we can accomplish over the
course of 2016 and beyond."

Mr. Hersperger continued, "The U.S. diagnostics market is expected
to grow to $80 billion by 2020 according to industry analysts.
AEON's strong sales execution and leading toxicology and genetic
testing technology positions us to continue our growth.  We remain
excited about the opportunity to expand genetic testing which
represents the future of medicine, as doctors seek to personalize
treatments based on the genetics of each patient.  We are committed
to bringing new, innovative genetic tests to market that set us
apart from our competitors and create unique value for our
customers, while growing test volumes on the services we offer
today."

Authentidate will file a proxy statement with the Securities and
Exchange Commission in connection with a special meeting of
stockholders in order to, among other things, obtain stockholder
approval for the potential issuance of shares of common stock of
Authentidate to the former members of AEON in excess of 19.9% of
the issued and outstanding shares of common stock as of the date of
the closing of the merger.  The Company expects to hold the special
meeting in late May or early June.

                       About Authentidate

Authentidate Holding Corp. and its subsidiaries provide secure
web-based revenue cycle management applications and telehealth
products and services that enable healthcare organizations to
increase revenues, improve productivity, reduce costs, coordinate
care for patients and enhance related administrative and clinical
workflows and compliance with regulatory requirements.  The
Company's web-based services are delivered as Software as a Service
(SaaS) to its customers interfacing seamlessly with billing,
information and document management systems.  These solutions
incorporate multiple features and security technologies such as
business-rules based electronic forms, intelligent routing,
transaction management, electronic signatures, identity
credentialing, content authentication, automated audit trails and
remote patient management capabilities.  Both web and fax-based
communications are integrated into automated, secure and trusted
workflow solutions.

Authentidate reported a net loss of $9.7 million on $3.68 million
of total revenues for the year ended June 30, 2015, compared to a
net loss of $7.14 million on $5.55 million of total revenues for
the year ended June 30, 2014.

EisnerAmper LLP, in New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2015, citing that the Company's recurring losses
from operations and negative cash flows from operations raise
substantial doubt about its ability to continue as a going
concern.

As of Dec. 31, 2015, Authentidate had $3.41 million in total
assets, $9.55 million in total liabilities and a $6.14 million
total shareholders' deficit.


BATE LAND & TIMBER: Court Denies Bid to Put Plan Order on Hold
--------------------------------------------------------------
A U.S. bankruptcy court has denied Bate Land Company LP's bid to
put on a temporary hold its prior order that approved the Chapter
11 reorganization plan of Bate Land & Timber, LLC.

In a seven-page decision, the U.S. Bankruptcy Court for the Eastern
District of North Carolina cited the company's failure "to make a
clear showing of likelihood of success on the merits."

The court also said that Bate Land Company failed to show that
denying a temporary stay would cause "irreparable harm" to the
company.

"[Bate Land Company] has not made a clear showing that a failure to
put the stay in place would result in irreparable harm," the court
said.

The bankruptcy court on Feb. 3 approved Bate Land & Timber's
restructuring plan, which proposed to satisfy all or a portion of
Bate Land Company's secured claim through the surrender of certain
properties.  The secured creditor opposed the treatment of its
claim under the plan.

On Feb. 4, Bate Land Company filed a motion to put the ruling on
hold until a higher court heard its appeal.  Bate Land & Timber
opposed the motion, saying the creditor failed to meet the
requirements to obtain a stay pending appeal.

                     About Bate Land & Timber

Willotte, North Carolina-based Bate Land & Timber, LLC, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.C.
Case No. 13-04665) on July 25, 2013.  Judge Stephani W.
Humrickhouse oversees the Chapter 11 case.

The Debtor, in amended schedules, disclosed $53,477,624 in assets
and $74,162,211 liabilities as of the Chapter 11 filing.  The
petition was signed by Brad Cheers, manager.

The Bankruptcy Administrator for the Eastern District of North
Carolina was unable to organize and recommend the appointment of a
committee of creditors holding unsecured claims against the Debtor.


BG MEDICINE: Amends 2015 Annual Report to Add Part III
------------------------------------------------------
BG Medicine, Inc., filed an amendment to its annual report on Form
10-K/A for the fiscal year ended Dec. 31, 2015, for the purpose of
including information required by Part III of the Annual Report.
Part III contains information about:

   (a) directors, executive officers and corporate governance;    
  
   (b) executive compensation;
     
   (c) security ownership of certain beneficial owners and   
       management;   
  
   (d) certain relationships and related transactions, and
       director independence;

   (e) principal accounting fees and services; and
     
   (f) exhibits and financial statement schedules.

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

                     http://is.gd/LrWNrr

                      About BG Medicine

Waltham, Mass.-based BG Medicine is a diagnostics company focused
on the development and commercialization of novel cardiovascular
diagnostic tests to address significant unmet medical needs,
improve patient outcomes and contain healthcare costs.  The
Company is currently commercializing two diagnostic tests, the
first of which is the BGM Galectin-3 test, a novel assay for
measuring galectin-3 levels in blood plasma or serum for use as an
aid in assessing the prognosis of patients diagnosed with heart
failure.  The Company's second diagnostic test is the CardioSCORE
test, which is designed to identify individuals at high risk for
near-term, significant cardiovascular events, such as heart attack
and stroke.

BG Medicine reported a net loss attributable to common stockholders
of $6.95 million on $1.56 million of total revenues for the year
ended Dec. 31, 2015, compared to a net loss attributable to common
stockholders of $8.06 million on $2.78 million of total revenues
for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, BG Medicine had $2.13 million in total assets,
$1.51 million in total liabilities, $2.59 million in convertible
preferred stock, and a $1.97 million in total stockholders'
deficit.

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's recurring losses from
operations, recurring cash used in operating activities and
accumulated deficit raise substantial doubt about its ability to
continue as a going concern.


BHAVDARSHAN INC: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Bhavdarshan, Inc.
           dba Outlaw Bar & Grill
        1650 IH 35 South
        Pearsall, TX 78061

Case No.: 16-51026

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 2, 2016

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Judge: Hon. Ronald B. King

Debtor's Counsel: David T. Cain, Esq.
                  LAW OFFICE OF DAVID T. CAIN
                  8610 N New Braunfels, Suite 309
                  San Antonio, TX 78217
                  Tel: (210) 308-0388
                  Fax: (210) 341-8432
                  E-mail: caindt@swbell.net

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Hemant Patel, president.

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


BUFFETS LLC: Has Until May 20 to File Schedules of Assets and Debt
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Texas has
given Buffets LLC until May 20, 2016, to file its schedules of
assets and liabilities and statements of financial affairs.

                        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.


CAESARS ENTERTAINMENT: Fee Monitor Reviewing Rate Increases
-----------------------------------------------------------
Jacqueline Palank, writing for The Wall Street Journal, reported
that annual rate increases at some of the country's biggest law
firms are going under the microscope in one chapter 11 case.

According to the report, The official keeping an eye on the
professional fee meter in the Caesars Entertainment Operating Co.
bankruptcy says the recent hourly rate increases at various law
firms working on the case -- some of which brought top rates close
to the $1,500-per-hour mark -- deserve a deeper dive.

Nancy Rapoport, a law professor and independent member of the
committee monitoring professionals' fees, says the four-figure
rates themselves aren't necessarily the issue, the report related.
Rather, "the controlling issue here is whether the clients of those
firms are paying those rates," she wrote, requesting evidence that
a firm's bankruptcy and non-bankruptcy clients alike each pay those
rates -- i.e., that there is no bankruptcy premium, the report
further related.

Ms. Rapoport's remarks came in conjunction with the fee committee's
review of the third round of fee applications in Caesars
Entertainment's chapter 11 case, filed in court, the report said.
She said the latest bills in the casino company's $18 billion
restructuring "triggered fewer areas of concern" than prior bills
but still required some fee reductions tied to staffing and
expenses like travel, hotels and meals, the report added.

                    About Caesars Entertainment

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

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

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

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

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

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

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

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


CARRICK TRUCKING: Trustee Obtains Partial Win in 4 Clawback Suits
-----------------------------------------------------------------
Judge Daniel S. Opperman of the United States Bankruptcy Court for
the Eastern District of Michigan, Northern Division, Bay City,
granted judgment in favor of Kelly M. Hagen, the Liquidating
Trustee for Carrick Trucking, Inc., in all four A.P. Nos. 14-2109
(against Brian Carrick), 14-2010 (against Brian Carrick, Gail
Carrick and Dean Carrick), 14-2111 (against Gail and Dean Carrick),
and 14-2112 (against Mark Carrick), as to turnover of the following
property or the proceeds from the sale of such property:

   -- 1992/93 CAT D400 Dump Truck;
   -- 1993 CAT D400 Dump Truck;
   -- 1999 Komatsu Loader;
   -- 1994 CAT D400 Dump Truck; and
   -- 1991 CAT 980C Loader.

The Court grants judgment in favor of the Defendants Gail Carrick
and Dean Carrick and against the Liquidating Trustee in A.P. No.
14-2111 as to $95,874.97 in payments alleged to be avoidable by the
Liquidating Trustee pursuant to 11 U.S.C. Section 547(b).

The Court also grants judgment in favor of the Defendants Gail and
Dean Carrick and against Liquidating Trustee in A.P. No. 14-2111 as
to the avoidance of the transfer of the Backhoe, Scale and Gravel
Train, as fraudulent transfers pursuant to 11 U.S.C. Section 548
and/or M.C.L.A. 566.35.

The adversary proceedings are:

   * KELLY M. HAGEN, Liquidating Trustee, Plaintiff and
Counter-Defendant, v. BRIAN CARRICK, Defendant and
Counter-Plaintiff, Adversary Proceeding Case No. 14-2109-dob
(Bankr. E.D. Mich.).  A full-text copy of Judge Opperman's March
24, 2016, Trial Opinion relating to this A.P. is available at
http://is.gd/Nvy1rLfrom Leagle.com.

   * KELLY M. HAGEN, Liquidating Trustee, Plaintiff, v. BRIAN
CARRICK, MARK CARRICK, and GAIL CARRICK, Defendants, Adversary
Proceeding Case No. 14-2110-dob (Bankr. E.D. Mich.).  A full-text
copy of Judge Opperman's March 24, 2016, Trial Opinion relating to
this A.P. is available at http://is.gd/j0fWMefrom Leagle.com.

   * KELLY M. HAGEN, Liquidating Trustee, Plaintiff and
Counter-Defendant, v. GAIL CARRICK and DEAN CARRICK, Defendants and
Counter-Plaintiffs, Adversary Proceeding Case No. 14-2111-dob
(Bankr. E.D. Mich.).  A full-text copy of Judge Opperman's March
24, 2016, Trial Opinion relating to this A.P. is available at
http://is.gd/QDCa4Hfrom Leagle.com.

   * KELLY M. HAGEN, Liquidating Trustee, Plaintiff and
Counter-Defendant, v. MARK CARRICK, Defendant and
Counter-Plaintiff, Adversary Proceeding Case No. 14-2112-dob
(Bankr. E.D. Mich.).  A full-text copy of Judge Opperman's March
24, 2016, Trial Opinion relating to this A.P. is available at
http://is.gd/ybxktMfrom Leagle.com.

The bankruptcy case is IN RE: CARRICK TRUCKING, INC., Chapter 11
Proceeding, Debtor, Case No. 13-20904-dob (Bankr. E.D. Mich.).

Kelly M. Hagan, Liquidating Trustee, Plaintiff, represented by
Kevin M. Smith, Beadle Smith, PLC.

Brian Carrick, Defendant, represented by Corey David Grandmaison.


COCRYSTAL PHARMA: Files Amended 2015 Annual Report
--------------------------------------------------
Cocrystal Pharma, Inc., filed with the Securities and Exchange
Commission an amendment to its annual report on Form 10-K/A for the
year ended Dec. 31, 2015, to include the information required by
and not included in Part III of the 2015 Form 10-K because the
Company does not intend to file its definitive proxy statement
within 120 days of the end of our fiscal year ended Dec. 31, 2015.

Part III contains information about:

   (a) directors, executive officers and corporate governance;

   (b) executive compensation;

   (c) security ownership of certain beneficial owners and
       management and related stockholder matters;

   (d) certain relationships and related transactions, and
       director independence; and

   (e) principal accounting fees and services

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

                      http://is.gd/v5aQj3

                    About Cocrystal Pharma

Cocrystal Pharma, Inc., formerly known as Biozone Pharmaceuticals,
Inc., is a pharmaceutical company with a mission to discover novel
antiviral therapeutics as treatments for serious and/or chronic
viral diseases.  Cocrystal Pharma employs unique technologies and
Nobel Prize winning expertise to create first- and best-in-class
antiviral drugs.  These technologies and the Company's market-
focused approach to drug discovery are designed to efficiently
deliver small molecule therapeutics that are safe, effective and
convenient to administer.

The Company's primary business going forward is to develop novel
medicines for use in the treatment of human viral diseases.
Cocrystal has been developing novel technologies and approaches to
create first-in-class and best-in-class antiviral drug candidates
since its initial funding in 2008.  Subsequent funding was
provided to Cocrystal Discovery, Inc., by Teva Pharmaceuticals
Industries, Ltd., or Teva, in 2011.  The Company's focus is to
pursue the development and commercialization of broad-spectrum
antiviral drug candidates that will transform the treatment and
prophylaxis of viral diseases in humans.  By concentrating the
Company's research and development efforts on viral replication
inhibitors, the Company plans to leverage its infrastructure and
expertise in these areas.

Cocrystal Pharma, reported a net loss of $50.1 million on $78,000
of grant revenues for the year ended Dec. 31, 2015, compared to a
net loss of $99,000 on $9,000 of grant revenues for the year ended
Dec. 31, 2014.

As of Dec. 31, 2015, Cocrystal Pharma had $224 million in total
assets, $56.6 million in total liabilities and $168 million in
total stockholders' equity.


COLOR LANDSCAPES: Case Summary & 20 Unsecured Creditors
-------------------------------------------------------
Debtor: Color Landscapes by Michael Dickey, Inc.
        2360 Luck Stone Road
        Burlington, NC 27217

Case No.: 16-10435

Chapter 11 Petition Date: May 2, 2016

Court: United States Bankruptcy Court
       Middle District of North Carolina (Greensboro)

Judge: Hon. Lena M. James

Debtor's Counsel: Dirk W. Siegmund, Esq.
                  IVEY, MCCLELLAN, GATTON, & SIEGMUND, LLP
                  Suite 500, 100 S. Elm St.
                  P. O. Box 3324
                  Greensboro, NC 27402-3324
                  Tel: 336-274-4658
                  Fax: 336-274-4540
                  E-mail: dws@iveymcclellan.com

Total Assets: $1.09 million

Total Liabilities: $1.49 million

The petition was signed by Michael Dickey, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ncmb16-10435.pdf


DANIEL BRUCE CARPENTER: Objection to IUD's Claim Overruled
----------------------------------------------------------
Judge Ralph B. Kirscher of the United States Bankruptcy Court for
the District of Montana ordered that Daniel Bruce Carpenter and
Mary Ester Carpenter's Objection to Amended Proof of Claim No. 5
filed by the Montana Department of Labor & Industry, Unemployment
Insurance Division is overruled.

The case is In re DANIEL BRUCE CARPENTER and MARY ESTHER CARPENTER,
Debtors, Case No. 13-61192-11 (Bankr. D. Mont.).  A full-text copy
of Judge Kirscher's Memorandum of Decision dated March 31, 2016, is
available at http://is.gd/wOA4mJfrom Leagle.com.

DANIEL BRUCE CARPENTER, Debtor, represented by HAROLD V DYE.

OFFICE OF THE U.S. TRUSTEE, U.S. Trustee, represented by NEAL G.
JENSEN, UNITED STATES TRUSTEE'S OFFICE.


DEBRA MARIE GUAJARDO: IRS Has Priority to Sale Proceeds
-------------------------------------------------------
In In re DEBRA MARIE GUAJARDO, Chapter 11, Debtor, Bankruptcy Case
No. 15-31452DM (Bankr. N.D. Calif.), Judge Dennis Montali of the
United States Bankruptcy Court for the Northern District of
California, in a March 11, 2016, Memorandum Decision available at
http://is.gd/gAegFtfrom Leagle.com held that the Internal Revenue
Service has priority, except as to a limited amount specifically
set forth in the homeowners' association's notice of delinquent
assessment.

The chapter 11 debtor has obtained court approval of a sale of
certain property, and a dispute has arisen between her homeowners'
association and the IRS as to whose lien has priority and has the
superior right to distribution of the proceeds remaining after
satisfaction of the claims of the first deed of trust holder.


DEVONSHIRE PGA: ELP's Bid for Summary Judgment Denied
-----------------------------------------------------
Judge Christopher S. Sontchi of the United States Bankruptcy Court
for the District of Delaware denied the motion for summary judgment
filed by ELP West Palm, LLC, in the case captioned In re:
Devonshire PGA Holdings LLC, et al., Chapter 11, Debtors, Case No.
13-12460 (CSS), Docket Nos. 343 & 364 (Bankr. D. Del.).

ELP is successor to the the reorganized debtors.  Potter Anderson &
Corroon, LLP ("Potter") jointly represented three of the debtors
and a non-debtor, CA Capital, LLC, in two Delaware Chancery
proceedings in 2013.  Potter timely submitted claims for payment
against the debtors it represented. vELP does not dispute that
Potter actually represented the debtors, but nonetheless requests
that the court enter summary judgment disallowing Potter's claims
under 11 U.S.C. section 502(b)(1).

ELP argued that four sources of applicable law or agreement render
Potter's claim unenforceable.  First, ELP argued that Potter was
not validly engaged to represent the debtors under state contract
law.  Second, ELP appeared to make an argument on equitable
principles that Potter may not enforce its claims against the
debtors because the debtors did not benefit from Potter's
representation.  Third, ELP argued that Potter was "conflicted"
under the Delaware Lawyers' Rules of Professional Conduct in
representing the debtors and because the record contains no written
waiver of this conflict, Potter's claim against the debtors is
unenforceable.  Finally, ELP argued that the 2013 Settlement
Agreement approved by the court bars Potter's claims.

Judge Sontchi denied ELP's motion for summary judgment.  The judge
found that ELP has failed to supply the court with proof that any
applicable principle of contract law or equity would render
Potter's claim unenforceable.

Judge Sontchi also found that while ELP's argument that Potter was
conflicted in representing the debtors presents a legal basis for
disallowance, Potter has nevertheless pointed to evidence in the
record sufficient to create a genuine dispute of material fact on
whether Potter was conflicted.

Finally, Judge Sontchi held that ELP failed to demonstrate that any
applicable law would make the 2013 Settlement Agreement binding
upon Potter, because the record clearly shows that neither Potter
nor any of its agents were a party to that agreement.

A full-text copy of Judge Sontchi's April 15, 2016 opinion is
available at http://is.gd/RjFU9Zfrom Leagle.com.

Devonshire PGA Holdings, LLC, et al. is represented by:

          M. Blake Cleary, Esq.
          Justin P. Duda, Esq.
          YOUNG, CONAWAY, STARTGATT & TAYLOR
          Rodney Square
          1000 North King Street
          Wilmington, DE 19801
          Tel: (302)571-6600
          Fax: (302)571-1253
          Email: mbcleary@ycst.com
                 jduda@ycst.com

United States Trustee, U.S. Trustee, is represented by:

          Mark S. Kenney, Esq.
          OFFICE OF THE U.S. TRUSTEE
          844 King Street, Suite 2207
          Wilmington, DE 19801
          Tel: (302)573-6491
          Fax: (302)573-6497

                    About Devonshire PGA Holdings

Operators of assisted living facilities, led by Devonshire PGA
Holdings LLC, sought Chapter 11 bankruptcy in U.S. Bankruptcy
Court in Wilmington, Delaware on Sept. 19, 2013.

Chatsworth PGA Properties (Bankr. D. Del. Case No. 13-12457) has
estimated liabilities of between $100 million and $500 million,
and assets of up to $10 million.  Chatsworth PGA Properties
provides assisted living services for the elderly.  It also offers
nursing and dementia care.

Devonshire PGA Holdings LLC (Case No. 13-12460), the owner of an
assisted-living facility in Florida, and based in Palm Beach
Gardens, estimated under $50,000 in assets and up to $50 million
in debts.  Another entity, Devonshire at PGA National LLC,
estimated more than $100 million in both assets and debt.

The Debtors are represented by M. Blake Cleary, Esq., at Young
Conaway Stargatt & Taylor, LLP, as counsel.  Epiq Bankruptcy
Solutions, LLC, serves as claims agent, and as administrative
advisor for the Debtors.  Alvarez & Marsal Healthcare Industry
Group, LLC, serves as restructuring advisors, and Alvarez's Paul
Rundell serves as Chief Restructuring Officer.

An official committee of unsecured creditors has not yet been
appointed in these cases by the Office of the United States
Trustee.


DEX MEDIA: Enters Into RSA, Commences Pre-Pack Plan Solicitation
----------------------------------------------------------------
Dex Media, Inc., one of the largest national providers of social,
local and mobile marketing solutions to local businesses, on May 2
disclosed that it has entered into a Restructuring Support
Agreement (the "Agreement") with creditors holding 66% of its
senior secured credit facilities and over 65% of its senior
subordinated notes.  The Agreement, which is the result of a
collaborative effort among the Company's Board of Directors,
management, and major creditor groups, provides for a significant
reduction of the Company's current $2.42 billion in debt and
simplifies its future capital structure.

Under the Agreement, the Company and its creditors will seek to
implement the restructuring through a prepackaged plan of
reorganization (the "Plan").  Dex Media on May 2 commenced the
solicitation of votes for the Plan among its senior secured lenders
and senior subordinated noteholders.  The Plan and related
materials are accessible at http://dm.epiq11.com/DexMediaThe
Company expects to commence voluntary chapter 11 bankruptcy cases
in the United States Bankruptcy Court for the District of Delaware
to implement the Plan once the solicitation process is complete and
the Company receives votes sufficient to confirm the Plan.  The
Company intends to complete its restructuring during the third
quarter of 2016.

"We are very pleased to have reached this important milestone,
which will significantly deleverage our balance sheet, simplify our
capital structure and unlock even more liquidity to implement our
strategic growth plan," said Joe Walsh, Dex Media President and
CEO.  "The Dex Media Board of Directors, management team and I
would like to thank our lenders for their continued support and our
advisors for their assistance in helping us ensure that Dex Media
can fulfill its potential."

Mr. Walsh continued: "Our cash and liquidity positions remain
strong, and we continue to generate positive cash flow, which will
be more than sufficient to fund ongoing operations.  We do not
anticipate any impact on our day-to-day business, customer and
vendor relationships, or employees.  We will continue to advance
our strategic initiatives to enhance revenue, reshape client
offerings, and streamline our operations."

Dex Media is making significant progress in executing its growth
strategy.  The Company has recently developed and introduced new
products and services to help local businesses reach consumers in
the channels consumers use to search for businesses.  The Company
recently launched DexHub and DexLnk, which offer a variety of
digital customer engagement tools that enable local businesses to
build strong relationships with customers.  Dex Media also offers a
variety of other digital products in addition to its popular online
and print directories.

A key component of the Plan provides for the payment of all allowed
vendor claims in full.  Additionally, the Company expects that Dex
Media employees also will continue to receive all salary and
benefits in the ordinary course throughout this process.  Dex Media
will update the market on developments as appropriate.

Additional material terms of the Plan include:

Dex Media's senior secured lenders will exchange their current
$2.12 billion of claims for a new $600 million new first-lien term
loan; 100% of the equity of the reorganized Dex Media, subject to
potential dilution from a management incentive plan; and a cash
distribution upon emergence from bankruptcy.

The Company's unsecured noteholders will receive a $5 million cash
payment and warrants to purchase up to 10% of the post-reorganized
equity.

All allowed trade vendor claims will be paid in full.

Dex Media's legal advisor in connection with the restructuring is
Kirkland & Ellis LLP.  Alvarez & Marsal North America, LLC serves
as its restructuring advisor, and Andrew Hede from Alvarez & Marsal
serves as Chief Restructuring Officer.  Moelis & Company LLC is the
Company's investment banker for the restructuring.  The steering
committee of the ad hoc group of Dex Media's senior secured lenders
are represented by Milbank, Tweed, Hadley & McCloy LLP as legal
advisor and Houlihan Lokey as financial advisor in connection with
the restructuring.  JPMorgan Chase Bank, N.A., as agent under
certain of the senior secured credit agreements, is represented by
Simpson Thacher & Bartlett LLP as legal advisor to the agent.

The Agreement, Plan, and related materials are available at
http://dm.epiq11.com/DexMedia

                        About Dex Media

Dex Media, Inc., is a provider of social, local and mobile
marketing solutions for local businesses.  The Company provides
marketing solutions that include Websites, print, mobile, search
engine and social media solutions.  The Company's brands include
Dex One and SuperMedia.  Through both brands, it delivers a range
of social, mobile, and print solutions.  The Company's consumer
services include the Dex Knows.com and Superpages.com online and
mobile search portals and applications and local print
directories.  On April 30, 2013, Dex One Corp. and SuperMedia
announced the completion of their merger, creating Dex Media, Inc.

Dex One (DEXO) and SuperMedia (SPMD) in March 2013 sought Chapter
11 bankruptcy protection in order to complete a merger.  The filing
was just about three years after each company exited court
protection.  The cases are In re Dex One Corp, 13-10533, U.S.
Bankruptcy Court, District of Delaware, and In re SuperMedia Inc,
13-10545, U.S. Bankruptcy Court, District of Delaware.

                *     *     *

The Troubled Company Reporter, on Dec. 18, 2015, reported that
Moody's Investors Service downgraded Dex Media, Inc.'s Probability
of Default Rating to Ca-PD/LD from Caa3-PD and downgraded the
Corporate Family Rating to Ca from Caa3.  The limited default "LD"
designation appended to Dex's probability of default rating
reflects Moody's view that the company has defaulted under Moody's
definition.  The limited default designation will remain for three
business days to reflect our view that a default has occurred.  
Concurrently, the senior subordinated notes are lowered to C from
Ca and the senior secured credit facilities of Dex Media East,
Inc., Dex Media West, Inc., R.H. Donnelley Inc. and SuperMedia Inc.
remain unchanged at Caa3.  The downgrade reflects Dex's missed
September 30, 2015 interest payment on its senior subordinated
notes and the subsequent failure to make the payment during the
grace period.  Moody's views this as a limited default as it
represents a default of only one element of the company's capital
structure.  The ratings outlook remains negative.


DJ SIMMONS: Hires Dimmick as Real Estate Broker
-----------------------------------------------
D.J. Simmons Company Limited Partnership sought and obtained
permission from the U.S. Bankruptcy Court for the District of
Colorado to employ Dimmick Realty as real estate broker to the
Debtor.

D.J. Simmons requires Dimmick to list, market and sell four pieces
of real property:

     a. 1009 Ridgeway Place, Farmington, New Mexico 87401

     b. Lot 1 Ridgeway Sub. Replat A, Farmington, New Mexico
        87401

     c. Lot 4 Ridgeway Sub. Replat A, Farmington, New Mexico
        87401

     d. 550 N. 1st Street, Lot, Vacant Land, Bloomfield, New
        Mexico 87413

The broker primarily responsible for providing these services is
Barry Digman, and his commission fee for this engagement will be 6%
of the sale price.

Barry Digman, of Dimmick Realty, 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.

Dimmick can be reached at:

     Barry Digman
     DIMMICK REALTY
     3555 East Main Street, Suite A
     Farmington, NM 87402
     Tel: (505) 325-8863
     Fax: (505) 327-9820

                       About D.J. Simmons

Farmington, New Mexico-based D.J. Simmons Inc. --
http://www.djsimmons.com/-- is an independent oil and gas
exploration and production company. D.J. Simmons Company Limited
Partnership, Kimbeto Resources, LLC and D.J. Simmons, Inc. filed
separate Chapter 11 petitions (Bankr. D. Colo. Case Nos. 16-11763,
16-11765 and 16-11767) on March 1, 2016. The cases are jointly
administered under Lead Case No. 16-11763.

The petitions were signed by John Byrom, president of D.J. Simmons,
Inc. D.J. Simmons Company disclosed $9.94 million in total assets
and $12.85 million in total liabilities. Kimbeto Resources
disclosed $976,190 in total assets and $9.81 million in total
liabilities. Ethan Birnberg, Esq., at Lindquist & Vennum LLP,
serves as the Debtors' counsel.



ECI HOLDINGS: Case Summary & 8 Unsecured Creditors
--------------------------------------------------
Debtor: ECI Holdings, LLC
        P.O. BOX 388
        Edgefield, SC 29824

Case No.: 16-02214

Chapter 11 Petition Date: May 2, 2016

Court: United States Bankruptcy Court
       District of South Carolina (Columbia)

Judge: Hon. David R. Duncan

Debtor's Counsel: Reid B. Smith, Esq.
                  BIRD AND SMITH, PA
                  1712 Saint Julian Place, Suite 102
                  Columbia, SC 29204
                  Tel: 803-779-2255
                  Fax: 803-799-3131
                  E-mail: rsmith@birdsmithlaw.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Bettis C. Rainsford, managing member.

A list of the Debtor's eight largest unsecured creditors is
available for free at http://bankrupt.com/misc/scb16-02214.pdf


ELTON H. DARBY JR: Has 1/6 Interest in Property, Seeks Sale
-----------------------------------------------------------
Elton H. Darby, Jr., on April 27, 2016, filed a motion asking the
U.S. Bankruptcy Court for the Northern District of Alabama to enter
an order allowing the Debtor to sell certain real property jointly
owned by the Debtor free and clear of all liens, claims, interests,
and encumbrances via private sale.

The Debtor owns a joint interest in certain real property located
at 1306 Ariloa Drive, in Pensacola Beach, Florida.

The Debtor owns a one-sixth fee simple interest in the Real
Property.  The remaining co-owners of the Real Property are Jane D.
Dill, Mary Maude Bedford, Debra Lou Todd, Elton Hall Darby, and the
Estate of Victoria L. Crenshaw.  In order to sell the Real Property
the Debtor has entered into two Vacant Land Listing Agreements with
a Licensed Florida Broker.

In conjunction with filing its bankruptcy petition, the Debtor also
filed Schedule A with the bankruptcy court.  As set forth in
Schedule A, the Debtor valued his 1/6 interest in the Real Property
at $225,000.  This is derived by a total value for the two lot of
approximately $675,000 per lot divided by 6.  There is no debt that
encumbers this Real Property.

Pre-petition the Debtor has attempted to sell the Real Property.
However, his efforts have been thwarted by the remaining
co-owners.

Postpetition, Debtor has been unable to determine with certainty
whether the remaining co-owners desire to sell the Real Property.
However, because of ongoing litigation by among and between the
Debtor and these co-owners, it is doubtful that any agreement --
even one where the property sells for more than market value can be
reached without the aid of this Motion.

The Debtor seeks authority from the Court to sell the Real Property
to the highest cash buyer, free and clear of all liens, claims,
interests, and encumbrances for the approximate sum of $675,000 per
lot.  In order to facilitate this sale, the Debtor seeks to sell
not only his interest but that of all co-owners as well.

The reason for this is that the real property consists of beach
front lots which aren't capable of being partitioned and as such
the sale of the estate's interests in these lots would be
significantly less.

In conjunction with this Motion, Debtor seeks authority to employ
Jamie Forbes III who is a license Real Estate Broker within the
State of Florida to market and sell the Real Property.  Mr. Forbes
is not a creditor of the Debtor and has not separate claim or
interest.  Consequently, he is believed to be "disinterested".

                      About Elton Darby, Jr.

Elton Herbert Darby, Jr. sought Chapter 11 protection (Bankr. N.D.
Ala. Case No. 16-81079) on April 8, 2016.  The Debtor is
represented by Kevin D. Heard, Esq., at Heard Ary, LLC.


EMERALD ISLE: NDUC Seeks Dismissal of Ch. 11 Case
-------------------------------------------------
NDUC Investments, LLC, asks the U.S. Bankruptcy Court for the
District of Arizona to dismiss Emerald Isle Partners, L.L.C.'s
bankruptcy case for cause pursuant to Section 1112 of the
Bankruptcy Code.

According to NDUC, the Debtor filed a prior Chapter 11 bankruptcy
case in late 2012 (Case No. 2:12-bk-24291-MCW) and confirmed a plan
of reorganization on September 3, 2013.  Despite not experiencing
any unanticipated change in circumstance, the Debtor is now
attempting to force another debt restructure upon its sole secured
creditor, NDUC, by filing this second Chapter 11 case a little over
two years since the First Reorganization.  With no unanticipated
change in circumstance, NDUC asserts that this second filing is in
bad faith must be dismissed.

The Debtor, in response, tells the Court that, first and foremost,
NDUC was not and is not a creditor of the Chapter 11 proceeding
filed in 2012.  As a result, any argument raised by NDUC in its
Motion to Dismiss that the Debtor is "impermissibly modifying the
terms of a confirmed plan" has no merit.  The modification entered
into by the Debtor and its prior counsel, secured by the only asset
owned by the Debtor was never contemplated under the first Chapter
11, never a part of any Order of the Court, and never disclosed to
the Court even in light of the later filed Application for Final
Decree, which included a request for approval of post confirmation
legal fees.

NDUC, in a reply, argued that the Debtor did not dispute nnor
contest the central tenent of the Motion, which is that no
unanticipated events arose or changed circumstances occured that
justified the filing of the Second Reorganization.

NDUC is represented by:

          Mark J. Giunta, Esq.
          Liz Nguyen, Esq.
          Law Office of Mark J. Giunta
          245 W. Roosevelt Street, Suite A
          Phoenix, AZ 85003
          Tel: (602) 307-0837
          Fax: (602) 307-0838
          Email: markgiunta@giuntalaw.com
                 liz@giuntalaw.com

The Debtor is represented by Allan D. NewDelman, Esq., in Phoenix,
Arizona.

                        About Emerald Isle

Emerald Isle Partners, L.L.C. filed a Chapter 11 bankruptcy
petition (Bankr. D. Ariz. Case No. 15-15165) on Nov. 30, 2015.
The
petition was signed by Patrick J. Murphyk as authorized
representative.  The Debtor listed total assets of $10 million and
total liabilities of $423,200.  Allan D Newdelman PC represents
the
Debtor as counsel.  Judge Madeleine C. Wanslee is assigned to the
case.


EMERALD OIL: Hires BDO USA as Accountant and Auditor
----------------------------------------------------
Emerald Oil, Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ BDO USA, LLP as
accountant and auditor to the Debtors, nunc pro tunc to April 1,
2016.

Emerald Oil requires BDO USA to:

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

   b. perform reviews of the unaudited condensed quarterly
      consolidated financial statements to be included in Forms
      10-Q filed with the SEC and to be submitted to stockholders
      for the quarters ending March 31, June 30, and September
      30, 2016; and the unaudited financial information for the
      quarter ending December 31, 2015 to be included in an
      unaudited note to the annual consolidated financial
      statements to be included in the Form 10-K;

   c. perform services associated with SEC registration
      statements, periodic reports, and other documents filed
      with the SEC, or other documents issued in connection with
      the securities offerings (e.g. comfort letters, consents),
      and assistance in responding to SEC comment letters; and

   d. perform consultations on accounting matters, including
      bankruptcy accounting matters.

BDO USA will be paid at these hourly rates:

     Title                  Rate Per Hour

     Partners                  $535-$750
     Senior Managers           $300-$400
     Managers                  $250-$300
     Seniors                   $180-$250
     Experienced Associates    $140-$180
     Associates                $125-$140

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

Patrick Little, partner in the firm 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 USA LLP can be reached at:

     Patrick Little
     BDO USA LLP
     2929 Allen Parkway, 20th Floor
     Houston, TX 77019
     Tel: (713) 960-1706

                      About Emerald Oil

Emerald is a Denver-based independent exploration and production
company that is focused on acquiring acreage and developing wells
in the Williston Basin of North Dakota.

Emerald Oil, Inc., Emerald DB, LLC, Emerald NWB, LLC, Emerald WB
LLC and EOX Marketing, LLC filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10704 to 16-10708) on March
22, 2016. Ryan Smith signed the petitions as chief financial
officer.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Pachulski Stang
Ziehl & Jones LLP as local counsel, Intrepid Financial Partners,
LLC as investment banker, Opportune LLP as restructuring advisor
and Donlin Recano & Company, Inc., as claims and noticing agent.

Judge Kevin Gross has been assigned the cases.


ENERGY & EXPLORATION: Lease Decision Date Extended to July 5
------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas, Fort
Worth Division, extended through and including July 5, 2016, the
deadline for Energy & Exploration Partners, Inc., et al., to assume
or reject real property leases, including oil and gas, office and
equipment leases.

According to the Debtors, since the Petition Date, they have been
in involved in extensive negotiations with their prepetition
lenders, convertible noteholders and Official Committee of
Unsecured Creditors on the terms of a consensual chapter 11 plan so
that the Debtors can exit bankruptcy on an expedited basis.  Now
that those agreements have been secured and the terms of the Plan
have been negotiated, the Debtors have turned their focus to their
business operations, including the leases they intend to assume or
reject.  The Debtors said the assumptions and rejections in the
plan supplement can be modified by the Debtors and will not take
effect until the Plan's effective date, which is anticipated to be
no later than May 13, 2016. Accordingly, under the Debtors'
circumstances, an extension of the Assumption/Rejection Deadline is
appropriate.

The Debtor is represented by:

          William A. (Trey) Wood III, Esq.
          BRACEWELL LLP
          711 Louisiana, Suite 2300
          Houston, TX 77002
          Tel: (713) 223-2300
          Fax: (713) 221-1212
          E-mail: Trey.Wood@bracewelllaw.com

             -- and --

          Jennifer Feldsher, Esq.
          BRACEWELL LLP
          1251 Avenue of Americas
          New York, NY 10020-1104
          Tel: (212) 508-6100
          Fax: (212) 404-3970
          E-mail: Jennifer.Feldsher@bracewelllaw.com

                   About Energy & Exploration

Energy & Exploration Partners, Inc., Energy & Exploration
Partners,
LLC and Energy & Exploration Partners Operating GP, LLC filed
Chapter 11 bankruptcy petitions (Bankr. N.D. Tex. Proposed Lead
Case No. 15-44931) on Dec. 7, 2015.  John R. Castellano Signed the
petition as interim chief financial officer.  Judge Russell F.
Nelms has been assigned the case.

The Debtors own approximately 61,323 net acres in Texas and
Wyoming.  In Texas, the Debtors' operations are located throughout
Madison, Grimes, Leon, Houston and Walker Counties, where the
Debtors are pursuing opportunities in the Buda-Rose stacked
comingled play, the Woodbine sandstone, the Eagle Ford shale and
other stacked formations in the region.  As of the Petition Date,
the Debtors employ approximately 59 people across their various
operations.

The Debtors have engaged Bracewell & Giuliani, LLP as counsel,
Evercore Group LLC as financial advisor, AP Services, LLC as
restructuring advisor, Ernst & Young as tax advisor, Hein &
Associates as independent auditor and Prime Clerk LLC as notice,
claims and balloting agent.

The U.S. Trustee has appointed the following creditors to the
Official Committee of Unsecured Creditors:

   (1) U.S. Bank National Association
       c/o Diana Jacobs
       1420 Fifth Avenue 7th Floor
       Seattle, WA 98101
       (206) 344-4680
       Diana.Jacobs@usbank.com

   (2) Cactus Pipe & Supply, LLC
       c/o Jason Bender
       One Greenway Plaza, Ste. 325
       Houston, TX 77046
       832-426-4343
       713-529-7258 – fax
       jbender@cactuspipe.com

   (3) Chesapeake Exploration LLC
       c/o Kyle Buchanan
       6100 North Western Avenue
       Oklahoma City, OK 73118
       405-935-2059
       405-849-2059 – fax
       Kyle.buchanan@chk.com

   (4) Horizon Mud Co., Inc.
       c/o Luke Blackwell
       500 W. Wall Street, Suite 200
       Midland, Texas 79702
       (432) 687-1171
       lblackwell@horizonmud.com

   (5) R. R. Donnelley
       c/o Dan Pevonka
       4101 Winfield Road
       Warrenville, IL 60555
       630-322-6931
       630-322-6034 – fax
       Dan.Pevonka@rrd.com

The Committee retained Arent Fox LLP and Cole Schotz as attorney,
FTI Consulting, Inc., as Financial Adviser,

                           *     *     *

Under Energy & Exploration Partners, Inc., et al.'s First Amended
Plan of Reorganization, holders of Class 5 - General Unsecured
Claims are projected to recover 4.6% of their total allowed
claims.
The Debtors, on the Effective Date, will transfer $2,250,000 to
the Creditor Trust, which amount will be used to (a) administer
the
Credit Trust Assets for the benefit of Holders of Allowed General
Unsecured Claims and pay all Creditor Trust Expenses; and (b) to
fund distributions to Holders of Class A Interests.

The U.S. Bankruptcy Court for the Northern District of Texas on
April 26 issued Findings of Fact, Conclusions of Law, and Order
confirming the Chapter 11 plan filed by consolidated debtors
Energy
& Exploration Partners Operating, LP, Energy & Exploration
Partners, Inc., Energy & Exploration Partners, LLC, and Energy &
Exploration Partners Operating GP, LLC.


ENERGY & EXPLORATION: Schedules $223M in Assets, $1.19B in Debt
---------------------------------------------------------------
Energy & Exploration Partners, Inc. disclosed $222,738,788 in
assets and $ in liabilities in its schedules of assets and
liabilities:

   Name of Schedule                   Assets       Liabilities
   ----------------                   ------       -----------
A. Real Property                          $0
B. Personal Property            $222,738,788           
C. Property Claimed as Exempt
D. Creditors Holding
   Secured Claims                                 $776,515,825
E. Creditors Holding Unsecured
   Priority Claims                                          $0
F. Creditors Holding Unsecured
   Non-priority Claims                            $412,848,397   
                               --------------   --------------
TOTAL                            $222,738,788   $1,189,364,222  

A copy of the company's schedules is available without charge at
http://is.gd/Xipodj

                   About Energy & Exploration

Energy & Exploration Partners, Inc., Energy & Exploration Partners,
LLC and Energy & Exploration Partners Operating GP, LLC filed
Chapter 11 bankruptcy petitions (Bankr. N.D. Tex. Proposed Lead
Case No. 15-44931) on Dec. 7, 2015.  John R. Castellano signed the
petition as interim chief financial officer.  Judge Russell F.
Nelms has been assigned the case.

The Debtors own approximately 61,323 net acres in Texas and
Wyoming.  In Texas, the Debtors' operations are located throughout
Madison, Grimes, Leon, Houston and Walker Counties, where the
Debtors are pursuing opportunities in the Buda-Rose stacked
comingled play, the Woodbine sandstone, the Eagle Ford shale and
other stacked formations in the region.  As of the Petition Date,
the Debtors employ approximately 59 people across their various
operations.

The Debtors have engaged Bracewell & Giuliani, LLP as counsel,
Evercore Group LLC as financial advisor, AP Services, LLC as
restructuring advisor, Ernst & Young as tax advisor, Hein &
Associates as independent auditor and Prime Clerk LLC as notice,
claims and balloting agent.

                           *     *     *

Under Energy & Exploration Partners, Inc., et al.'s First Amended
Plan of Reorganization, holders of Class 5 - General Unsecured
Claims are projected to recover 4.6% of their total allowed claims.
The Debtors, on the Effective Date, will transfer $2,250,000 to
the Creditor Trust, which amount will be used to (a) administer the
Credit Trust Assets for the benefit of Holders of Allowed General
Unsecured Claims and pay all Creditor Trust Expenses; and (b) to
fund distributions to Holders of Class A Interests.


ENERGY CONVERSION: Court Narrows Trustee's Claims v. Morelli
------------------------------------------------------------
In the adversary proceeding captioned JOHN MADDEN, LIQUIDATION
TRUSTEE, Plaintiff, v. MARK MORELLI, Defendant,  Adv. Pro. No.
13-4958 (Bankr. E.D. Mich.), Judge Thomas J. Tucker of the United
States Bankruptcy Court for the Eastern District of Michigan,
Southern Division, granted summary judgment in part for each party,
and denied summary judgment to each party in part.

The plaintiff John Madden, the liquidation trustee, sought to avoid
two transfers totaling $1.3 million, and recover that amount from
the defendant Mark Morelli, plus interest.  The case raised several
issues, including issues about the "insolvency" element of Madden's
preference claim under 11 U.S.C. section 547(b)(3); application of
the "more than" element of Madden's preference claim under 11
U.S.C. section 547(b)(5); and Morelli's affirmative defenses to
preference avoidance under 11 U.S.C. sections 547(c)(1)
(contemporaneous new value) and 547(c)(2)(ordinary course of
business).

The parties filed cross-motions for summary judgment.

Judge Tucker granted summary judgment in part for each party, and
denied summary judgment to each party in part.  The judge held that
Madden cannot avoid either of the transfers at issue as a
fraudulent transfer, nor can Madden avoid, as a preferential
transfer under 11 U.S.C. section 547, the first of the two
transfers, made on May 27, 2011 in the amount of $583,270.  What
survived for trial is Madden's claim to avoid, as a preferential
transfer under section 547, the second transfer made to Morelli on
December 9, 2011 in the amount of $703,800.  As to that claim, the
Judge Tucker's opinion and order substantially narrowed the issues
for trial, under Fed. R. Civ. P. 56(g), and trial will be limited
to specific issues relating to Tucker's "more than" element under
section 547(b)(5).

The bankruptcy case is In re: ENERGY CONVERSION DEVICES, INC., et
al., Chapter 11, Debtors, Case No. 12-43166, (Jointly Administered)
(Bankr. E.D. Mich.).

A full-text copy of Judge Tucker's April 15, 2016 opinion is
available at http://is.gd/ys1Kjpfrom Leagle.com.

John Madden is represented by:

          Robert S. Hertzberg, Esq.
          James D. VandeWyngearde, Esq.
          Lesley S. Welwarth, Esq.
          4000 Town Center, Suite 1800
          Southfield, MI 48075-1505
          Tel: (248)359-7300
          Fax: (248)359-7700
          Email: hertzberg@pepperlaw.com
                 vandewyj@pepperlaw.com
                 welwarth@pepperlaw.com

Mark Morelli is represented by:

          David G. Dragich, Esq.
          Amanda Carol Vintevoghel, Esq.
          17000 Kercheval Avenue, Suite 210
          Gross Pointe, MI 48230
          Tel: (313)886-4550
          Fax: (313)221-9612
          Email: ddragich@dragichlaw.com
                 avintevoghel@dragichlaw.com

                    About Energy Conversion

Energy Conversion Devices -- http://energyconversiondevices.com/  
-- has a renowned 51 year history since its formation in Detroit,
Michigan and has been a pioneer in materials science and renewable
energy technology development.  The company has been awarded over
500 U.S. patents and international counterparts for its
achievements.  ECD's United Solar wholly owned subsidiary has been
a global leader in building-integrated and rooftop photovoltaics
for over 25 years.  The company manufactures, sells and installs
thin-film solar laminates that convert sunlight to clean,
renewable energy using proprietary technology.

ECD filed for Chapter 11 protection (Bankr. E.D. Mich. Case No.
12-43166) on Feb. 14, 2012.  Judge Thomas J. Tucker presides over
the case.  Aaron M. Silver, Esq., Judy B. Calton, Esq., and Robert
B. Weiss, Esq., at Honigman Miller Schwartz & Cohn LLP, in
Detroit, Michigan, represent the Debtor as counsel.  The Debtor
estimated assets and debts of between $100 million and $500
million as of the petition date.

The petition was signed by William Christopher Andrews, chief
financial officer and executive vice president.

Affiliate United Solar Ovonic LLC filed a separate Chapter 11
petition on the same day (Bankr. E.D. Mich. Case No. 12-43167).
Affiliate Solar Integrated Technologies, Inc., filed a petition
for relief under Chapter 7 of the Bankruptcy Code (Bankr. E.D.
Mich. Case No. 12-43169).

An official committee of unsecured creditors has been appointed in
the case.  Foley and Lardner, LLP represents the Committee.
Scouler & Company, LLC, serves as financial advisor.

The company had estimated in court papers that it was worth
$986 million, based on nearly $800 million of investment in the
manufacturing unit.

The Debtors canceled an auction to sell USO as a going concern and
discontinued the court-approved sale process after failing to
receive an acceptable qualified bid by the bid deadline.  Quarton
Partners served as the companies' investment banker.  The Debtors
also hired auction services provider Hilco Industrial to prepare
for an orderly sale of the companies' assets.

In August 2012, the Debtors won confirmation of their Second
Amended Chapter 11 Plan of Liquidation.  The Plan was declared
effective in September 2012.  Under the Plan, unsecured creditors
owed up to $337 million in claims were to expect a recovery
between 50.1% and 59.3%.  The Plan creates a trust to sell
remaining assets and distribute proceeds in the order of priority
laid out in bankruptcy law.


ENERGY FUTURE: Marathon's Suit vs. Wilmington Dismissed
-------------------------------------------------------
Judge Christopher S. Sontchi of the United States Bankruptcy Court
for the District of Delaware dismissed in its entirety the
adversary proceeding captioned MARATHON ASSET MANAGEMENT, LP,
POLYGON CONVERTIBLE OPPORTUNITY MASTER FUND, and POLYGON DISTRESSED
OPPORTUNITIES MASTER FUND, Plaintiffs, v. WILMINGTON TRUST, N.A.,
as First Collateral Agent and First Lien Administrative Agent;
ANGELO GORDON & CO., LP, APOLLO ADVISORS VII, L.P., and BROOKFIELD
ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISOR (CANADA,
L.P.; and JOHN DOE #1 Through JOHN DOE #10, Defendants, Adv. Pro.
No: 15-51917 (CSS) (Bankr. D. Del.).

The adversary proceeding involves two distinct lender groups of
TCEH First Lien Creditors: (i) a sub-set of lenders that
contributed to the Deposit L/C Loan Collateral Account and (ii)
first lien lenders that did not.  The plaintiffs, lenders who did
participate in the Deposit L/C Loan Collateral Account loan, sought
declaratory judgment that the Deposit L/C Loan Facility Lenders
have priority in the Deposit L/C Loan Collateral Account.  The
defendants, lenders who did not contribute funds into this specific
account, moved to dismiss the complaint, arguing that neither the
Intercreditor Agreement nor the Credit Agreement, among other
documents, provide the priority that the plaintiffs are seeking.

Judge Sontchi found that neither the Intercreditor Agreement nor
the Credit Agreement provides the Deposit L/C Loan Facility Lenders
with priority in the Deposit L/C Loan Collateral Account.
Furthermore, Judge Sontchi found that there are no amendments that
could be made to the complaint to assert such a priority.

The bankruptcy case is In re: ENERGY FUTURE HOLDINGS CORP., et al.,
Chapter 11, Debtors, Case No. 14-10979 (CSS) (Jointly Administered)
(Bankr. D. Del.).

A full-text copy of Judge Sontchi's April 12, 2016  opinion is
available at http://is.gd/wkcx57from Leagle.com.

Energy Future Holdings Corp., Debtor, represented by Joseph Charles
Barsalona, II -- barsalona@rlf.com -- Richards, Layton & Finger,
P.A., Iskender H. Catto, McDermott Will & Emery LLP, Kevin Chang --
kevin.chang@kirkland.com -- Kirkland & Ellis LLP, Richard M. Cieri,
Kirkland & Ellis LLP, Mark D. Collins -- collins@rlf.com --
Richards, Layton & Finger, P.A., Cormac T. Connor --
cormac.connor@kirkland.com -- Kirkland & Ellis LLP, Daniel J.
DeFranceschi -- defranceschi@rlf.com -- Richards, Layton & Finger,
Thomas F. Driscoll, III -- tdriscoll@bifferato.com -- Bifferato
LLC, Michael P. Esser -- michael.esser@kirkland.com -- Kirkland &
Ellis LLP, Michael A. Firestein -- mfirestein@proskauer.com --
Proskauer Rose LLP,Jonathan F. Ganter --
jonathan.ganter@kirkland.com -- Kirkland & Ellis LLP, Emily E.
Geier -- emily.geier@kirkland.com -- Kirkland & Ellis LLP, P.
Stephen Gidiere, III -- sgidiere@balch.com -- Balch & Bingham LLP,
Jeremy L. Graves -- jgraves@gibsondunn.com -- GIBSON DUNN &
CRUTCHER LLP, William Guerrieri -- will.guerrieri@kirkland.com --
Kirkland & Ellis LLP,Stephen E. Hessler --
stephen.hessler@kirkland.com -- Kirkland & Ellis LLP, Richard U.S.
Howell -- richard.howell@kirkland.com -- Kirkland & Ellis LLP, Chad
J. Husnick -- chad.husnick@kirkland.com -- Kirkland & Ellis, LLP,
Christopher W. Keegan -- chris.keegan@kirkland.com -- Kirkland &
Ellis LLP, Natalie Hoyer Keller -- natalie.keller@kirkland.com --
Kirkland & Ellis, LLP, Marc Kieselstein --
marc.kieselstein@kirkland.com -- Kirkland & Ellis, LLP, David M.
Klauder, Bielli & Klauder, LLC,Jason M. Madron, Richards, Layton &
Finger, P.A., Jeff J. Marwil, Proskauer Rose LLP, Todd F. Maynes --
todd.maynes@kirkland.com -- Kirkland & Ellis LLP, Andrew McGaan --
andrew.mcgaan@kirkland.com -- Kirkland & Ellis LLP, Mark E. McKane,
Esq. -- mark.mckane@kirkland.com -- Kirkland & Ellis LLP,Bridget K.
O'Connor -- bridget.oconnor@kirkland.com -- Kirkland & Ellis LLP,
Matthew E. Papez -- matthew.papez@kirkland.com -- Kirkland & Ellis
LLP, Michael A. Petrino -- michael.petrino@kirkland.com -- Kirkland
& Ellis LLP, William T. Pruitt -- william.pruitt@kirkland.com --
Kirkland & Ellis LLP, Michael L. Raiff, Gibson Dunn & Crutcher LLP,
Lary Alan Rappaport, Proskauer Rose LLP, Jeremy L. Retherford,
Balch & Bingham LLP, Brenton Rogers, Kirkland & Ellis LLP, Michael
A. Rosenthal, Gibson Dunn & Crutcher LLP, Edward O. Sassower,
Kirkland & Ellis LLP,Brian Schartz, Kirkland & Ellis LLP, Tyler D.
Semmelman, Richards, Layton & Finger, P.A., Steven N. Serajeddini,
Kirkland & Ellis LLP,Anthony V. Sexton, Kirkland & Ellis LLP,
Michael B. Slade, Kirkland & Ellis LLP, Justin Sowa, Kirkland &
Ellis LLP, James H.M. Sprayregen, Kirkland & Ellis LLP, Bryan M.
Stephany, Kirkland & Ellis LLP, Anna Terteryan, Kirkland & Ellis
LLP, Mark K. Thomas, Proskauer Rose LLP, W. Clark Watson, Balch &
Bingham LLP, Aparna Yenamandra, Kirkland & Ellis LLP,Peter Jonathon
Young, Proskauer Rose LLP.

United States Trustee, U.S. Trustee, represented by Richard L.
Schepacarter, Office of the United States Trustee, U. S. Department
of Justice, Andrea Beth Schwartz, U.S. Department of Justice -
Office of the U.S. Trustee.

The Official Committee of Unsecured Creditors, Creditor Committee,
represented by Elizabeth Blakely, Polsinelli PC, Justin K. Edelson,
Polsinelli PC, Todd M. Goren, Morrison & Foerster LLP, Daniel J.
Harris, Morrison & Foerster LLP, William M. Hildbold, Morrison &
Foerster LLP,Thomas A. Humphreys, Morrison & Foerster LLP, Shanti
M. Katona, Polsinelli PC, Charles L. Kerr, Morrison & Foerster LLP,
J. Alexander Lawrence, Morrison & Foerster LLP, Jennifer Marines,
Morrison & Foerster LLP, Lorenzo Marinuzzi, Morrison & Foerster
LLP, Brett H. Miller, Morrison & Foerster LLP, James Michael Peck,
Schulte Roth & Zabel LLP, Anthony Princi, Morrison & Forester LLP,
Erica J. Richards, Morrison & Forester LLP, Kayvan B. Sadeghi,
Morrison & Forester LLP,Jarrett Vine, Polsinelli PC, Christopher A.
Ward, Polsinelli PC.

The Official Committee of Unsecured Creditors of Energy Future
Holdings Corp., Energy Future Intermediate Holding Company, LLC,
EFIH Finance, Inc., and EECI, Inc. (EFH Committee), The Official
Committee of Unsecured Creditors of Energy Future Holdings Corp.,
Energy Future Intermediate Holding Company, LLC, EFIH Finance,
Inc., and EECI, Inc. (EFH Committee) , Creditor Committee,
represented by Adam R. Brebner, Sullivan & Cromwell LLP, Andrew
Dietderich, Sullivan & Cromwell LLP,Mark Andrew Fink, Montgomery,
McCracken, Walker & Rhoads, Robert J. Giuffra, Jr., Sullivan &
Cromwell LLP, Brian D. Glueckstein, Sullivan & Cromwell LLP, Steven
L. Holley, Sullivan & Cromwell LLP, Alexa Kranzley, Sullivan &
Cromwell LLP, Kimberly Ellen Connolly Lawson, Reed Smith LLP,
Sidney S. Liebesman, Montgomery McCracken Walker & Rhoads,
LL,Natalie D. Ramsey, Montgomery McCracken Walker & Rhoads, LL,
Mark F. Rosenberg, Sullivan & Cromwell LLP, Mark B. Sheppard,
Montgomery McCracken Walker, et al, Michael H. Torkin, Sullivan &
Cromwell LLP,Davis Lee Wright, Montgomery McCracken Walker & Rhoads
LLP, David R. Zylberberg, Sullivan & Cromwell LLP.

                    About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a Portfolio
of competitive and regulated energy businesses in Texas.

Oncor, an 80 percent-owned entity within the EFH group, is the
largest regulated transmission and distribution utility in Texas.

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

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

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

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

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

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

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

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


FAIRWAY GROUP: Case Summary & 40 Largest Unsecured Creditors
------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                    Case No.
       ------                                    --------
       Fairway Group Holdings Corp.              16-11241
         dba Fairway
             Fairway Market
             Fairway - Like No Other Market
             Fairway Como Ningún Otro Mercado
             The World's Greatest Food Store
             The World's Greatest Wines & Spirits Store
             Fairway Cafe

             Fairway Cafe & Steakhouse
             Fairway Wines & Spirits
             Fairway Wines
       2284 12th Avenue
       New York, NY 10027

       Fairway Group Acquisition Company         16-11242

       Fairway Bakery LLC                        16-11243

       Fairway Broadway LLC                      16-11244

       Fairway Chelsea LLC                       16-11245

       Fairway Construction Group, LLC           16-11246

       Fairway Douglaston LLC                    16-11247

       Fairway East 86th Street LLC              16-11248

       Fairway eCommerce LLC                     16-11249

       Fairway Greenwich Street LLC              16-11251

       Fairway Group Central Services LLC        16-11252

       Fairway Hudson Yards LLC                  16-11254

       Fairway Georgetowne LLC                   16-11250

       Fairway Group Plainview LLC               16-11253

       Fairway Kips Bay LLC                      16-11255

       Fairway Nanuet LLC                        16-11256

       Fairway Paramus LLC                       16-11257

       Fairway Pelham LLC                        16-11258

       Fairway Pelham Wines & Spirits LLC        16-11259

       Fairway Red Hook LLC                      16-11260

       Fairway Stamford LLC                      16-11261

       Fairway Stamford Wines & Spirits LLC      16-11262

       Fairway Staten Island LLC                 16-11263

       Fairway Uptown LLC                        16-11264

       Fairway Westbury LLC                      16-11265

       Fairway Woodland Park LLC                 16-11266

Type of Business: Food Retailer

Chapter 11 Petition Date: May 2, 2016

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

Debtors' Counsel: Ray C. Schrock, P.C.
                  Matthew S. Barr, Esq.
                  Sunny Singh, Esq.
                  WEIL, GOTSHAL & MANGES LLP
                  767 Fifth Avenue
                  New York, New York 10153
                  Tel: (212) 310-8000
                  Fax: (212) 310-8007
                  E-mail: ray.schrock@weil.com
                          matt.barr@weil.com
                          sunny.singh@weil.com

Debtors'          
Special
Corporate
Counsel:          NORTON ROSE FULBRIGHT US LLP

Debtors'          
Conflicts
Counsel:          CURTIS, MALLET-PREVOST, COLT & MOSLE LLP

Debtors'          
Financial
Advisor:          ALVAREZ & MARSAL

Detors' Claims    
and Noticing
Agent:            PRIME CLERK LLC

Total Assets: $230.17 million as of April 3, 2016

Total Debts: $386.71 million as of April 3, 2016

The petitions were signed by Edward C. Arditte, co-president and
chief financial officer.

Consolidated List of Debtors' 40 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
United Natural Foods, Inc.            Trade Debt      $1,438,566
Attn: Joseph Traficanti, Esq.,
313 Iron Horse Way
Providence, Rhode Island 02908
Tel: 401-528-8634x32301
E-mail: Jtraficanti@Unfi.Com

Douglaston Shopping                  Maintenance        $719,874
Center Owner, LLC
Attn: Tamika Jenkins
150 East 58th Street, Penthouse
New York, NY 10155
Tel: 646-214-0254

Kehe Distributors                     Trade Debt        $527,485
Holdings, LLC
Attn: Ron Oradat
12740 Gran Bay Parkway West Suite 2200
Jacksonville, FL 32258
Tel: 800-229-0235
E-mail: Ron.Oradat@Kehe.Com

Bunzl New Jersey                      Trade Debt        $496,439
Attn: Fred Rasmussen
27 Distribution Way
Monmouth Junction Monmouth
Dayton, NJ 08810
Tel: 732-821-7000
E-mail: Fred.Rasmussen@Bunzlusa.Com

Con Edison                             Utility          $388,684
Attn: General Counsel
4 Irving Place
New York, NY 10003
Tel: 212-780-6766

J & J Farms Creamery Co, Inc.        Trade Debt         $354,336
Attn: Simon Friedman
5748 49th St
Maspeth, NY 11378
Tel: 718-821-1200


US Foodservice                          Trade Debt        $336,774
Attn: Jeffrey Hatcher
1051 Amboy Avenue
Perth Amboy, NJ 8861
Tel: 732-934-3318
E-mail: Jeffrey.Hatcher@Usfoods.Com

Direct Energy Marketing Inc.             Utility          $331,205
Attn: Customer Service Manager
1001 Liberty Avenue, Suite 1200
Pittsburgh, PA 15222
Tel: 888 925 9115
E-mail: Customerrelations@Directenergy.Com

Revionics, Inc.                         Trade Debt        $325,000
Attn: Marc Hafner
2998 Douglas Blvd. Suite 350
Roseville, CA 95661
Tel: 916-677-5460
E-mail: Marc.Hafner@Revionics.Com

Retalix USA                             Trade Debt        $308,887
Attn: Gary Lowen
6100 Tennyson Parkway, Ste 150
Plano, TX 75024
Tel: 732 207 2160
E-mail: Gary.Lowen@Ncr.Com

Real Coffee Roasters LLC                Trade Debt        $239,087
Attn: Mitchel Margulis, Owner
129 9th Street
Brooklyn, NY 11215
Tel: 347-335-0751
E-mail: Info@Stonestreetcoffee.Com

Blue Ribbon Fish Co., Inc.              Trade Debt        $214,255
E-mail: Blueribbonfish@Verizon.Net

Red Hook Green Power, LLC                Utility          $198,658

Century Link                            Trade debt        $169,960


Valesco Trading                         Trade Debt        $130,194
E-mail: Aos@Valescotrading.Com

Manetto Hills Associates 116 Inc.      Real Estate        $123,013
                                          Taxes

Setton International Foods              Trade Debt        $119,565

Southern Wine & Spirits Of              Trade Debt        $104,615
New York Inc.

Gourmet Guru                            Trade Debt        $102,609
E-mail: Jeff.lichtenstein@Gourmetgurunyc.com

Exotic Gourmet Corp.                   Trade Debt        $102,113
E-mail: Info@Exoticgourmetsnacks.Com

Union Beer Distributors                Trade Debt        $100,361

E & M Ice Cream Corp.                  Trade Debt        $100,003

Olis De Cataluyna                      Trade Debt         $95,731

Dora's Natural, Inc.                   Trade Debt         $92,099

Daniello Carting Company               Trade Debt         $91,328

Nassau Candy                           Trade Debt         $86,655
E-mail: Les.Stier@Nassaucandy.Com

Eli's Bread Corp.                      Trade Debt         $86,613
E-mail: Ezabar@Elizabar.Com

Clark Printing                         Trade Debt         $83,874
E-mail: Cecelia@Clarkprintinginc.Com

Brescome Barton Inc.                   Trade Debt         $83,577

Maplebear Inc.                         Trade Debt         $83,498

First International                    Trade Debt         $76,144
Health Foods

Pandora Media Inc.                     Trade Debt         $75,061
E-mail: Ar@Pandora.Com

CMI Services Corp                      Trade Debt         $71,121

Cream-O-Land Dairies LLC               Trade Debt         $67,632
E-mail: Jschneier@Creamoland.Com

A. Fodera & Son, Inc.                  Trade Debt         $65,184

Coca Cola Bottling Company             Trade Debt         $64,401

World's Best Cheeses                   Trade Debt         $62,971

Stcr Business Systems, Inc.            Trade Debt         $57,822  

E-mail: Mckenziet@Stcr.Com

Manhattan Beer Dist., Inc.             Trade Debt         $57,558

Cyrusone LLC                           Trade Debt         $57,552


FAIRWAY GROUP: Files Chapter 11 to Facilitate Restructuring
-----------------------------------------------------------
Fairway Group Holdings Corp., the parent company of Fairway Market,
the iconic New York food retailer that offers customers a
differentiated one-stop shopping experience "Like No Other Market",
on May 3 disclosed that the Company has reached an agreement with
its senior secured lenders holding more than 70% of the Company's
senior secured debt on the terms of a reorganization that will
eliminate approximately $140 million of senior secured debt and
provide financing to restructure the Company's balance sheet.

To implement the agreed upon restructuring, Fairway Group Holdings
Corp and certain of its subsidiaries ("Fairway") have filed a Joint
Prepackaged Chapter 11 Plan of Reorganization ("Prepackaged Plan")
and filed voluntary petitions for protection under Chapter 11 of
the U.S. Bankruptcy Code in the United States Bankruptcy Court for
the Southern District of New York.  The Company intends to use the
Chapter 11 process to facilitate a financial restructuring designed
to restore Fairway to long-term financial health while continuing
to operate in the normal course of business without interruption.

In accordance with the Prepackaged Plan, holders of general
unsecured claims, including suppliers, employees, unions and all
other trade creditors will  receive payment in full on account of
existing obligations in the ordinary course of business.  Further,
the five collective bargaining agreements between Fairway and each
of the unions will be assumed under the Prepackaged Plan and remain
in full force and effect.  All of the Company's outstanding shares
of common stock will be cancelled pursuant to the Prepackaged Plan
with no distribution to holders thereof.

As a part of the Prepackaged Plan, the Company entered into an
agreement with certain holders of the Company's senior secured
loans.  Supporting lenders agreed to vote in favor of the Company's
Prepackaged Plan and exchange their loans for common equity and $84
million of debt of the reorganized company.  All other prepetition
creditors will not be impaired and will be paid in in the ordinary
course.  Successful implementation of the proposed plan would
result in a substantial conversion into equity of the Company's
$279 million of senior secured loans.

In conjunction with its filing, the Company is seeking approval to
enter into a $55 million superpriority secured debtor-in-possession
("DIP") credit facility and a $30.6 million letter of credit
facility to cover outstanding letters of credit, which will be
provided by certain of the Company's existing senior secured
lenders.  The proposed DIP financing will help support Fairway's
reorganization plans and enable normal post-petition operation of
its business, including timely payment of employee wages, benefits
and other obligations on an uninterrupted basis.  In addition, the
Company has also secured a commitment from its current lenders to
convert the amounts extended under the DIP loan to an exit loan.
The Company has also filed a number of customary first day motions
with the Bankruptcy Court to support ongoing operations.

"We believe that implementing this Prepackaged Plan is the best
opportunity for Fairway to restructure its balance sheet on an
expedited basis, strengthen its operations, retain jobs and create
long-term value, while continuing to provide customers with the
best food experience in the greater New York area," said
Jack Murphy, Chief Executive Officer.  "Over 80 years ago, Fairway
started as a fresh fruit and veggie stand at the corner of 74 [th]
& Broadway.  It grew into the greatest food store in the country.
Fairway is famous for apples stacked to the ceiling, olives
straight from Italy, New York style bagels, hand sliced smoked
salmon, prime beef and specialty imports.  Nobody slices a fish or
boils a bagel like us.  Nobody."

The Company expects no interruptions to customer service throughout
the process.  Consumers can continue to purchase Fairway's products
at one of their 15 stores, 4 Wine and Spirits stores or Manhattan
residents can shop online at https://shop.fairwaymarket.com/

Vendors and other stakeholders can obtain additional information
about the reorganization by visiting
https://cases.primeclerk.com/fairway or by calling (844) 597-1421.
During the Chapter 11 process, the Company expects to pay for
purchases of goods and services in the ordinary course of business.
Fairway's legal advisor is Weil, Gotshal & Manges LLP.  Dennis
Stogsdill of Alvarez & Marsal North America LLC, has been appointed
Chief Restructuring Officer for the Company during the chapter 11
cases.  Norton Rose Fulbright US LLP is special corporate counsel
to Fairway.

The Company's senior secured lenders are being advised by King &
Spalding LLP, as legal counsel, and Moelis & Company LLC as
financial advisor.

                      About Fairway Group

New York-based Fairway Group Holdings Corp. operates in the retail
food industry, selling fresh, natural and organic products,
prepared foods and hard-to-find specialty and gourmet offerings
along with a full assortment of conventional groceries.  The
company operates 15 stores in the Greater New York metropolitan
area, four of which include Fairway Wine & Spirits locations.  

The Troubled Company Reporter, on Feb. 22, 2016, reported that
Moody's Investors Service downgraded Fairway Group Acquisition
Company's Corporate Family Rating to Caa2 from Caa1 and its
Probability of Default Rating to Caa2-PD from Caa1-PD.  Moody's
also downgraded the rating for Fairway's $267 million senior
secured term loan and $40 million senior secured revolving credit
facility to Caa2 from Caa1.  Fairway's speculative grade liquidity
rating was affirmed at SGL- 4.  The outlook remains negative.

"Fairway's operating performance and liquidity continues to be weak
and we expect the company to breach it's financial covenants in the
fourth quarter ending April 3, 2016," Moody's Senior Analyst Mickey
Chadha stated.  "Although Fairway can exercise equity cure rights
or seek some form of covenant relief from lenders to avoid default,
any such cure or relief without the larger capital infusion that
the company is actively exploring would only be temporary as its
current capital structure is unsustainable and could result in some
form of distressed exchange", Mr. Chadha further stated.


FAIRWAY GROUP: Files for Ch. 11 Bankruptcy with Prepackaged Plan
----------------------------------------------------------------
Saddled with significant debt obligations, Fairway Group Holdings
Corp. and its affiliates each commenced with the U.S. Bankruptcy
Court for the Southern District of New York a voluntary case under
Chapter 11 of the Bankruptcy Code.

For the nine months ended Dec. 27, 2015, the unaudited consolidated
financial statements of Fairway reflected total revenues of
approximately $565 million and a net loss of approximately $36
million.  As of Dec. 27, 2015, Fairway's unaudited consolidated
financial statements reflected assets totaling approximately $346
million and liabilities totaling approximately $397 million.

As of the Petition Date, the Debtors owe their secured term loan
lenders approximately $279 million under a credit agreement dated
Feb. 14, 2013.  The Credit Agreement mandates recurring interest
and amortization payments.  As of April 1, 2016, the maximum total
leverage ratio covenant contained in the Credit Agreement stepped
down from 6.0:1 to 5.75:1, as disclosed in Court documents.

"These factors have significantly limited the financial flexibility
that Fairway requires to invest in their business and, as a result,
Fairway has started to fall behind its competitors with respect to
technology and other related areas -- placing Fairway at a
competitive disadvantage when compared to its traditional and
non-traditional peers," according to Dennis Stogsdill, managing
director with Alvarez & Marsal North America, LLC, the Debtors'
financial advisor.

Fairway said it has implemented a number of initiatives to address
changing market conditions since late 2014.  However, due to
Fairway's burdensome secured debt obligations, it was unable to
invest in certain capital improvements and marketing activities it
believes to be necessary to effectively compete in the
"highly-competitive" New York metropolitan area food retail
market.

According to the Debtors, they also conducted an extensive process
to sell the company or raise additional capital to invest in the
business with the assistance of their investment bankers, Greenhill
& Co., LLC, but no acceptable proposals were put forward.

                  Restructuring Support Agreement

In light of the unsuccessful process coupled with Fairway's
unsustainable level of secured debt, in February 2016, Fairway
commenced negotiations and discussions with an informal group of
its Senior Secured Lenders in parallel with the continuation of the
capital raise and sale process.

Subsequently, Fairway has reached an agreement with its senior
secured lenders holding more than 70% of the Company's senior
secured debt on the terms of a reorganization that will eliminate
approximately $140 million of senior secured debt and provide
financing to restructure the Company's balance sheet.

The Consenting Creditors holding more than 70% in amount of Secured
Loan Claims already have submitted their votes to accept the
Prepackaged Plan.  The solicitation period for the Prepackaged Plan
will remain open for another 10 days until May 12, 2016.

"The Prepackaged Plan and the commencement of these prepackaged
chapter 11 cases are milestone achievements that will benefit
Fairway and all of its stakeholders," said Mr. Stogsdill.  "The
reorganization transaction embodied in the Prepackaged Plan will
right-size the Company's balance sheet and set Fairway on a path to
emerge from bankruptcy as a leaner, healthier enterprise that is
positioned to thrive and grow its iconic New York City brand."

The Plan provides for a pure balance sheet restructuring that
impairs the Senior Secured Lenders.  All of the Debtors' other
creditors, such as trade vendors, employees and landlords, are
unimpaired under the Prepackaged Plan and will be satisfied in full
in the ordinary course of business.

Trade contracts and terms will be maintained.  Collective
bargaining agreements will be honored.  Leases will be assumed.
Store operations and quality customer service will continue in the
ordinary course without interruption.  Given that the Debtors'
Senior Secured Lenders are agreeing to compromise their claim, the
Debtors' existing equity will be cancelled upon emergence.

In exchange for the reduction and modification of the existing
Secured Loan Claims in the amount of approximately $279 million,
the Senior Secured Lenders will receive, on the Effective Date, a
pro rata share of:

  * 90% of the ordinary shares of reorganized Holdings, subject to
    the issuance of up to 10% of New Common Stock by the new board
    of directors in its discretion to the reorganized Debtors'
    management team pursuant to a post-emergence management
    incentive plan;

  * a $45 million last out exit term loan, with Reorganized
    Acquisition as borrower, and each of the other Fairway
    entities, as guarantors, which will be secured by all of the
    assets of Fairway, subject to the terms of an amended and
    restated exit agreement; and

  * an unsecured subordinate term loan in an aggregate principal
    amount of $39 million, with Reorganized Holdings as borrower.
    None of the other Fairway entities will guarantee Reorganized
    Holdings' obligations under the Subordinated Holdco Loan.

                        DIP Financing

Certain Senior Secured Lenders are also providing
debtor-in-possession financing to Fairway, subject to the Court's
approval, in the amount of $55 million plus approximately a $30.6
million revolving credit facility, including letters of credit, to
support the Company's working capital needs during the Chapter 11
cases and beyond.  Upon emergence from bankruptcy, the DIP Loans
will be converted into an exit facility on a first out senior
secured basis and leave an estimated $42 million of cash and cash
equivalents on Fairway's balance sheet to maintain operations and
satisfy obligations in the ordinary course of business, and
position Fairway for long term success.  

The DIP Lenders under the term loan will be entitled to a fee equal
to 10% of the New Common Stock of Reorganized Holdings.  While the
DIP Loans are fully committed, all prepetition secured lenders have
the opportunity to participate as lenders under the DIP facility.

                     First Day Pleadings

The Debtors have filed a number of "first day pleadings" designed
to facilitate their transition into these Chapter 11 cases.  The
Debtors are seeking permission to, among other things, obtain
postpetition financing, use cash collateral, use existing cash
management system, pay prepetition trade claims, pay employee
obligations, establish restrictions on certain transfers of
interests and claims, and prohibit utility providers from
discontinuing services.  A copy of the declaration in support of
the First Day Motions is available for free at:

      http://bankrupt.com/misc/4_FAIRWAY_Declaration.pdf

                         About Fairway

Headquartered in New York, Fairway Group Holdings Corp. is a food
retailer offering customers a differentiated one-stop shopping
experience "Like No Other Market".  Fairway claims to have
established itself as a leading food retailing destination in the
Greater New York City metropolitan area, with stores that emphasize
an extensive selection of fresh, natural and organic products,
prepared foods and hard-to-find specialty and gourmet offerings,
along with a full assortment of conventional groceries.

Fairway operates 15 locations in the Greater New York City
metropolitan area, including four Fairway Wines & Spirits
locations.  Seven Fairway stores are located in New York City and
the remainder of Fairway's stores are located in New York (outside
of New York City), New Jersey and Connecticut.

Fairway Group, et al., filed Chapter 11 bankruptcy petitions
(Bankr. S.D.N.Y. Proposed Lead Case No. 16-11241) on May 2, 2016.
The petitions were signed by Edward C. Arditte as co-president and
chief financial officer.

The Debtors have engaged Weil, Gotshal & Manges LLP as counsel,
Norton Rose Fulbright US LLP as special corporate counsel, Curtis,
Mallet-Prevost, Colt & Mosle LLP as conflicts counsel, Alvarez &
Marsal as financial advisor and Prime Clerk LLC as claims and
noticing agent.



FLOUR CITY BAGELS: Hires Kittel Branagan as Tax Consultant
----------------------------------------------------------
Flour City Bagels, LLC, sought and obtained permission from the
U.S. Bankruptcy Court for the Western District of New York to
employ Kittel Branagan & Sargent as tax consultant to the Debtor,
nunc pro tunc to April 5, 2016.

Flour City requires Kittel Branagan to prepare and file the
Debtor's federal and New York State consolidated income tax returns
for tax year 2015.

Under the terms of the Engagement Letter and subject to the Court's
permission, the Debtor has agreed to pay Kittel Branagan on an
hourly basis for the services Kittel Branagan will provide. The
total fees to be incurred in connection with the preparation and
filing of the Debtor's 2015 income tax returns will be
approximately $3,500.

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

Kittel Branagan holds a prepetition claim against the Debtor in the
approximate amount of $1,866.24.

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.

Kittel Branagan can be reached at:

     Kittel Branagan & Sargent
     154 North Main Street
     St. Albans, Vermont 05478
     Tel: (802) 524-9531
     Fax  (802) 524-9533

                  About Flour City Bagels

Headquartered in Fairport, New York, Flour City Bagels, LLC,
operates 32 bakeries that serve "New York Style" bagels, coffee,
drinks, soups, salads, sandwiches, fresh fruit, and a variety of
other related items. In 1993, the Debtor opened its commissary in
Rochester, at which it produces bagels for sale at all of its 32
bakeries. The Debtor employs 425 people.

Flour City Bagels, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.Y. Case No. 16-20213) on March 2,
2016, estimating both assets and debts in the range of $10 million
to $50 million. Kevin Coyne, the manager, signed the petition.

Judge Paul R. Warren is assigned the case.

Bond, Schoeneck & King, PLLC and Buckley King serve as the Debtor's
counsel.


FOUR WELLS: Dismissal of Jointly Administered Ch. 11 Cases Affirmed
-------------------------------------------------------------------
The United States Bankruptcy Appellate Panel for the Sixth Circuit
affirmed in part and reversed in part the bankruptcy court's orders
on the Dollar Bank, Federal Savings Bank's motion to dismiss the
jointly administered Chapter 11 cases captioned In re: FOUR WELLS
LIMITED (15-8020); CAPITAL L CORP. (15-8021); CIRCLE T FARM, INC.
(15-8022); T X FOUR HOLDINGS, LLC (15-8023), Debtors, Nos. 15-8020,
15-8021, 15-8022, 15-8023 (Bankr. 6th Cir.).

The appeal arose from the bankruptcy court's orders on the motion
of Dollar Bank to dismiss the jointly administered Chapter 11 cases
of Four Wells Limited, Circle T Farm, Inc., Capital L Corp., and T
X Four Holdings, LLC.  After a hearing at which the bankruptcy
court did not take evidence, the court found that (1) the debtors
were chronically late in filing their monthly operating reports and
paying their quarterly fees to the United States Trustee; (2) there
was no realistic likelihood of reorganization; and (3) the debtors
filed and prosecuted their Chapter 11 cases in bad faith.  The
bankruptcy court dismissed the debtors' cases, and enjoined the
debtors from filing another bankruptcy petition under any chapter
of the Bankruptcy Code for a period of one (1) year.

On appeal, the appellate panel affirmed the bankruptcy court's
dismissal of the debtors' jointly administered Chapter 11 cases,
and reversed and vacated the bankruptcy court's order to the extent
it enjoins the debtors from filing a bankruptcy petition for a
period of one year.

A full-text copy of the Sixth Circuit's April 12, 2016  opinion is
available at http://is.gd/QMpD5xfrom Leagle.com.

Appellants are represented by:


          Michelle DiBartolo-Haglock, Esq.
          THOMAS TRATTNER & MALONE, LLC
          1653 Merriman Road, Suite 203
          Akron, OH 44313
          Tel: (330)253-1500
          Email: mdibartolo@ttmlaw.com

Dollar Bank is represented by:

          Evan T. Byron, Esq.
          CHERNETT WASSERMAN, LLC
          Cleveland, OH

Fifth Third Bank is represented by:

          Alan J. Statman, Esq.
          William B. Fecher, Esq.
          STATMAN, HARRIS & EYRICH, LLC
          Cincinnati, OH


FREDDIE MAC: Blames 1st Quarter Loss on Derivatives Accounting
--------------------------------------------------------------
Following days of speculation about whether Freddie Mac would need
to make another draw under its Preferred Stock Purchase Agreement
with the U.S. Treasury, the housing finance giant reported its
first quarter results yesterday -- a $354 million net loss
primarily attributable to accounting for derivatives and other
hedging tools.  As a result, Freddie Mac remains solvent and
doesn't need more money from Treasury.  Freddie received $72.3
billion from Treasury under the PSPA and has returned $98.2 billion
to date.  

Because Freddie said the bulk of its latest quarterly loss is on
account of what we think are vague derivatives and hedging losses,
Troubled Company Reporter editors took the opportunity to examine
Freddie's disclosures about its derivatives and hedging
disclosures.  

Freddie discloses that it uses derivatives primarily to hedge
interest-rate sensitivity mismatches between its financial assets
and liabilities.  "We analyze the interest-rate sensitivity of
financial assets and liabilities on a daily basis across a variety
of interest-rate scenarios based on market prices, models and
economics.  When we use derivatives to mitigate our exposures, we
consider a number of factors, including cost, exposure to
counterparty risk, and our overall risk management strategy,"
Freddie explains.  

Freddie classifies its derivatives into three categories:

     * Exchange-traded derivatives -- standardized
       interest-rate futures contracts and options on
       futures contracts;

     * Cleared derivatives -- interest-rate swaps that the
       U.S. Commodity Futures Trading Commission has
       determined are subject to the central clearing
       requirement of the Dodd-Frank Act; and

     * OTC derivatives -- derivatives that are neither
       exchange-traded derivatives nor cleared derivatives;

and primarily uses these three types of derivative products:
  
     * LIBOR-based interest-rate swaps;

     * LIBOR- and Treasury-based options (including
       swaptions); and

     * LIBOR- and Treasury-based exchange-traded futures.

Freddie makes these historical derivatives-related financial
disclosures:

            (amounts shown in millions of U.S. dollars)

                                     Derivatives
                   Notional or      at Fair Value     Derivative
   Accounting      Contractual    -------------------    Gain or
   Period               Amount    Assets  Liabilities     (Loss)
   -----------     -----------    ------  ----------- ----------
   Quarter ending
   Mar. 31, 2016      $737,098      $814      ($1,632)   ($4,561)

   Year ending
   Dec. 31, 2015       631,553       395       (1,254)    (2,696)

   Year ending
   Dec. 31, 2014       607,040       822       (1,963)    (8,291)

Fannie attributes:

  (1) the $4.5 billion loss for the quarter ending Mar. 31, 2016,
      primarily to declines in the 10-year par swap rate of
      54 basis points during the quarter;

  (2) the $2.6 billion loss for the year ending Dec. 31, 2015,
      primarily to longer-term interest rates declines; and

  (3) the $8.2 billion loss in 2014 primarily from the effect of
      a flattening of the yield curve.  

It's interesting to us to observe that:

  (A) the notional or contractual amount of Freddie's outstanding
      derivative instruments is climbing steadily;

  (B) Freddie's derivatives-related liabilities consistently
      exceed assets; and

  (C) derivatives activities always produce losses for Freddie.  

One person we talked to yesterday said trends (B) and (C) probably
make sense given the steady decline in interest rates, but found
trend (A) curious because Freddie's mortgage portfolios are
intentionally shrinking.

Another person, with intimate knowledge about pending shareholder
litigation against the GSEs and the documents that became public in
Fairholme v. U.S., Case No. 13-465 (Ct. Fed. Cl.), and Perry v.
Lew, No. 14-5243 (D.C. Cir.), last month, suggested the numbers are
likely being used to manufacture artificial losses the same way
credit losses were overestimated by orders of magnitude in order to
justify placing the GSEs into conservatorship in 2008 and deferred
tax asset accounting was manipulated in 2012 to spin the Net Worth
Sweep as something good and righteous.  

A third person told us that Freddie Mac and Fannie Mae are making
uneconomic, unhealthy decisions that are poor for the business in
the long run to manage the constraints of their zero capital buffer
in the short run.  That person's analysis of Freddie's latest
earnings report concludes that Freddie either sold written down
securities or figured out a way to reclassify them as available for
sale.  

"When Freddie changed its 'other than temporary impairment'
accounting," we were told yesterday, "the write down became lower
of cost or market.  Once written down, the only way to write it
back up is to sell it at a gain.  The gain portion is what is
offsetting the derivative loss and preventing a draw.  Freddie's
business decisions are now revolving around the zero capital
buffer."

A year ago, Freddie CEO Donald H. Layton referred in a quarterly
conference call to the potential need to make business decisions to
manage GAAP volatility, which would increase economic risk, rather
than managing the long-term economics and risk of the retained
portfolio and associated derivative hedges.  Mr. Layton's prophetic
statement suggests that FHFA has directed FMCC's accounting team to
produce a list of assets that could be sold to generate some amount
of gains, likely rank ordered in terms of "what is least
economically offensive to the company" to effectively offsetting
accounting losses with accounting gains.

Brian Honea reported yesterday that Richard X. Bove at Rafferty
Capital Markets, LLC, it would not be "unrealistic to assume a loss
of $2 billion plus in derivatives" and suggested the loss could be
as high as $4 billion or more.  

The veracity of Freddie's accounting is unknowable from the
outside, but it's clear to us that Fannie Mae, Freddie Mac and
their regulator, the Federal Housing Finance Agency, have a
marketplace credibility problem.  


FRESH & EASY: Selling FFE Assets in Store 1240 for $17,500
----------------------------------------------------------
Fresh & Easy, LLC, on April 27, 2016, served a notice indicating
that it is selling the Fresh & Easy, LLC furniture, fixtures and
equipment located at FEFOS LLC Store 1240 in Murrieta, California,
to S&S Jackson LLC, a California limited liability company, 40543
Carly Court, Murrieta, California, for $17,500.  Pursuant to the
Dec. 3, 2015 order authorizing the sale of Miscellaneous Assets, if
no objections are received by April 29, the Debtors may proceed
with the proposed sale without further court order.

                        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.



FUSION TELECOMMUNICATIONS: Amends 2015 Annual Report
----------------------------------------------------
Fusion Telecommunications International, Inc., filed an amendment
to its annual report on Form 10-K for the fiscal year ended Dec.
31, 2015, to include the information required by Part III (Items
10, 11, 12, 13 and 14).  

ITEM 10. Directors, Executive Officers and Corporate Governance

ITEM 11. Executive Compensation

ITEM 12. Security Ownership of Certain Beneficial Owners and
         Management and Related Stockholder Matters

ITEM 13: Certain Relationships and Related Transactions, and
         Director Independence

ITEM 14. Principal Accounting Fees and Services

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

                       http://is.gd/KRwC5z

                  About Fusion Telecommunications

New York City-based Fusion Telecommunications International, Inc.,
(OTC BB: FSNN) is a provider of Internet Protocol ("IP") based
digital voice and data communications services to corporations and
carriers worldwide.

Fusion reported a net loss attributable to common stockholders of
$9.80 million on $101.69 million of revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to common
stockholders of $4.31 million on $92.05 million of revenues for the
year ended Dec. 31, 2014.  As of Dec. 31, 2015, Fusion had $105.75
million in total assets, $91.29 million in total liabilities and
$14.45 million in total stockholders' equity.


GEO V. HAMILTON: Seeks Dec. 31 Extension of Lease Decision Deadline
-------------------------------------------------------------------
Geo V. Hamilton, Inc., asks the U.S. Bankruptcy Court for the
Western District of Pennsylvania to extend the time for it to
assume or reject certain leases to which the Debtor is a lessee
that may be considered unexpired leases of non-residential real
property through and including December 31, 2016.

The Leases include the Debtor's primary office space and its
construction and storage facilities in Pennsylvania, Ohio, and West
Virginia.  The Leases are critical to the Debtor's ability to
generate revenue and to the continued operation of the Debtor's
business.

The Debtor is in the process of formulating a comprehensive
restructuring solution through a plan of reorganization and,
accordingly, believes it is premature to assume (or reject) the
Leases at this time.  The Debtor desires to adequately address the
value of the Leases and to maintain flexibility with respect to the
Leases as restructuring negotiations proceed.

The Debtor is represented by:

          Paul M. Singer, Esq.
          Luke A. Sizemore, Esq.
          REED SMITH LLP
          Reed Smith Centre
          225 Fifth Avenue, Suite 1200
          Pittsburgh, PA 15222
          Telephone: (412) 288-3131
          Facsimile: (412) 288-3063
          Email: psinger@reedsmith.com
                 lsizemore@reedsmith.com

                    About Geo. V. Hamilton

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

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

Judge Gregory L. Taddonio is assigned to the case.

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

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

On October 23, 2015, the United States Trustee appointed the
Official Committee of Asbestos Personal Injury Claimants to
represent the shared interests of holders of current
asbestos-related claims for personal injury or wrongful death
against the Debtor.  The Committee is represented by Douglas A.
Campbell, Esq., at CAMPBELL & LEVINE, LLC, and Ann C. McMillan,
Esq., Jeffrey A. Liesemer, Esq., and Kevin M. Davis, Esq., at
CAPLIN & DRYSDALE, CHARTERED.

On December 8, 2015, the United States Trustee filed its statement
that an unsecured creditors committee has not been appointed to
represent the interests of unsecured creditors of the Debtor.

On December 23, 2015, the Court entered its order appointing Gary
Philip Nelson as the Legal Representative of Holders of Future
Asbestos Demands.  The FCR is represented by Beverly A. Block,
Esq., at SHERRARD GERMAN & KELLY, PC.


GYMBOREE CORP: Bank Debt Trades at 25% Off
------------------------------------------
Participations in a syndicated loan under which Gymboree Corp is a
borrower traded in the secondary market at 75.63
cents-on-the-dollar during the week ended Friday, April 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.88 percentage points from the
previous week.  Gymboree Corp pays 350 basis points above LIBOR to
borrow under the $820 million facility. The bank loan matures on
Feb. 23, 2018 and carries Moody's B3 rating and Standard & Poor's
CCC+ rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended April 29.


HARLEQUINS WEB: Hires Reganyan as General Bankruptcy Counsel
------------------------------------------------------------
Harlequins Web, LLC, sought and obtained permission from the U.S.
Bankruptcy Court for the Central District of California to employ
Robert Reganyan as general bankruptcy counsel to the Debtor.

Harlequins Web requires Reganyan to:

   -- to represent the Debtor in fulfilling its duties under 11
      U.S.C. sections 1106 and 1107.

   -- to assist the Debtor in fulfilling its duties under 11
      U.S.C. sections 1106 and 1107 including all contested
      matters but excluding corporate, tax, employment/labor and
      securities related services.

Reganyan's hourly rate is $250 per hour billed in 1/10th of an hour
increments.

The Debtor delivered to Reganyan a security deposit of $2,894.85
for purposes of representing the Debtor in his bankruptcy case. The
Debtor paid Reganyan an additional filing fee of $1,717 which
Reganyan directly used to pay court filing fee.

Robert Reganyan, of the Reganyan Law Firm, 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.

Reganyan can be reached at:

     Robert Reganyan, Esq.
     REGANYAN LAW FIRM
     100 N. Brand Blvd, #18
     Glendale, CA 91203
     Tel: (818) 649-0879
     Fax: (818) 583-1708
     E-mail: ReganyanLawFirm@gmail.com

                      About Harlequins Web

Harlequins Web, LLC is owned by John H. Byrd and is being managed
by Andrew Kay. Harlequins Web, LLC currently owns three lots
located at 21 La Cam Road, Newbury Park, California 91320.
Currently Debtor is preparing to file a lawsuit against the
assessor's office due to the improper tax lien.

Harlequins Web, LLC filed for a Chapter 11 protection (Bankr. C.D.
Cal. Case No. 16-10783) on March 17, 2016. The petition was signed
by Andrew Kay, manager. Judge Maureen Tighe presides over the
case.

The Debtor estimated assets of $500 million to $1 billion and
estimated debts of $50,000 to $100,000.

Robert Reganyan, Esq., at Reganyan Law Firm, represents the Debtor
as general bankruptcy counsel.


HEBREW HOSPITAL: Hires Foreman Law as Conflicts Counsel
-------------------------------------------------------
Hebrew Hospital Home of Westchester, Inc., and its
debtor-affiliates seek permission from the U.S. Bankruptcy Court
for the Southern District of New York to employ Foreman Law PLLC as
Conflicts Counsel, nunc pro tunc to April 11, 2016.

The Debtor requires Foreman to render legal services in discharging
HHH Westchester's responsibilities and further the interest of HHH
Westchester in the Chapter 11 Cases. In addition to acting as the
lead attorney and spokesman for HHH Westchester, Foreman's services
will include, without limitation, assisting, advising and
representing HHH Westchester with respect to these matters:

     a) the administration of the HHH Westchester Case and the
exercise of oversight with respect to HHH Westchester's affairs,
including all issues in connection with HHH Westchester, the
official committee of HHH Westchester's unsecured creditors, of the
Chapter 11 Cases as they may impact or affect HHH Westchester and
the Case;

     b) the preparation on behalf of HHH Westchester of necessary
applications, motions, memoranda, replies or oppositions to motions
or application file by other parties (including, without limitation
the Associated Debtors), orders, reports and other legal papers;

     c) appearance in the Bankruptcy Court and at Statutory
meetings of creditors to represent the interests of HHH Westchester
and its Estate;

     d) the negotiation, formulation and confirmation of a plan of
reorganization of liquidation for HHH Westchester, and all matters
related thereto;

     e) the investigations and analysis, if any, as HHH Westchester
may desire of require concerning the assets, liabilities of
financial condition of HHH Westchester, or, with respect to the
Associated Debtors and the Associated Cases, the assets,
liabilities, financial condition, sale of any of the assets or
business of the Associated Debtors, and any operating, financial or
legal issues concerning the Associated Debtors and the Associated
Cases that may be relevant to HHH Westchester and the Case;

     f) communications with the constituents and
parties-in-interest of HHH Westchester and in the Case, and, to the
extent necessary and appropriate, the constituents and
parties-in-interest of the Associated Debtors and the Associated
Cases, and the Chapter 11 Cases generally, at your direction or
otherwise in furtherance of the Firm's responsibilities under the
Bankruptcy Code; and

     g) the performance of all of HHH Westchester's duties, powers
and obligations under the Bankruptcy Code, the Bankruptcy Rules,
the Local Rules, and such other services as are in the interest of
HHH Westchester and its Estate.  

Mr. Foreman charges $500 per hour for his services.

Mr. Foreman agreed with HHH Westchester not to increase his hourly
billing rate from the $500 rate during the entire course of the
firm's engagement.

To the extent that other attorneys at HHH Westchester are needed to
provide services, the firm would be charged for the services only
at the hourly rate normally charged by such attorney for such
services, but in no event at an hourly rate greater the $400.

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

Michael Foreman, member of the law firm of Foreman Law PLLC,
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.

Foreman can be reached at:

      Michael Foreman
      FOREMAN LAW PLLC
      1745 Broadway, 17th Floor
      New York, NY 10019
      Tel: 212.519.9870
      E-mail: michael@foremanlawpllc.com
    
            - and -

      11 Martine Avenue, 12th Floor
      White Plains, NY 10606
      Tel: 914.684.1600

               About HHH Choices Health Plan, LLC

Three alleged creditors owed about $1.9 million submitted an
involuntary Chapter 11 petition for HHH Choices Health Plan, LLC
on May 4, 2015 (Bankr. S.D.N.Y. Case No. 15-11158) in Manhattan.

The petitioners are The Royal Care, Inc., (allegedly owed
$772,762), Amazing Home Care Services ($1,178,752), and InterGen
Health LLC ($42,298), all claiming that they are owed by the Debtor
for certain services rendered.  They all tapped Marc A. Pergament,
Esq., at Weinberg, Gross & Pergament, LLP, in Garden City, New
York, as counsel.

With the consent from the board of directors, the Debtor filed a
notice of consent to order for relief on June 1, 2015, and an
order for relief was entered on June 22, 2015.

Judge Michael E. Wiles oversees the case.

On Jan. 14, 2016, this Court entered an order administratively
consolidating the chapter 11 case of the Debtor with the chapter 11
cases of its affiliates, HHH Choices Health Plan, LLC and Hebrew
Hospital Home of Westchester, Inc. (Case Nos. 15-11158, 15-13264,
and 16-10028).

HHH Choices Health Plan, LLC tapped Harter Secrest & Emery LLP as
legal counsel.

On Dec. 28, 2015, the U.S. Trustee for Region 2, appointed five
members to the Committee.  The current members of the Committee
are: (a) 1199 SEIU Benefit and Pension Funds; (b) Andrea Taber,
Esq. on behalf of Lucille and Selig Popik; (c) Richard A. Bobbe;
(d) Mary Blumenthal-Lane on behalf of Julie Blumenthal; and (e)
Peter Clark on behalf of Ann Clark.

Thomas R. Califano, Esq. at DLA Piper LLP (US), represents the
Committee.  The panel tapped CohnReznick LLP, as its financial
advisor.


HEBREW HOSPITAL: Hires Prime Clerk as Claims & Noticing Agent
-------------------------------------------------------------
Hebrew Hospital Senior Housing Inc., and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the Southern District
of New York to employ Prime Clerk LLC as Claims and Noticing Agent,
nunc pro tunc to April 14, 2016.

The Debtors require Prime Clerk to:

     (a) prepare and serve required notice and documents in these
chapter 11 cases in accordance with the Bankruptcy code and the
Bankruptcy Rules in the form and matter directed by the Debtors
and/or the Court, including (i) notices of any claims bar date,
(ii) notices of transfers of claims, (iii) notices of objections to
claims and objections to transfers of claims, (iv) notices of any
hearings on a disclosure statement and confirmation of the Debtors'
plan or plans of reorganization, including under Bankruptcy Rule
3017(d), (v) notice of the effective date of any plan and (vi) all
other notices, orders, pleadings, publications and other documents
as the Debtors or Court may deem necessary or appropriate for an
orderly administration of these chapter 11 cases;

     (b) maintain (i) a list of all potential creditors, equity
holders and other parties-in-interest and (ii) a "core" mailing
list consisting of all parties described in Bankruptcy rule
2002(i), (j) and (k) and those parties that have filed a notice of
appearance pursuant to Bankruptcy Rule 9010; update and make said
lists available upon request by a party-in-interest of the Clerk;

     (c) furnish a notice to all potential creditors of the last
date for filing proofs of claim and a form for filing a proof of
claim, after such notice and form are approved by the Court, and
notify said potential creditors of the existence, amount and
classification of their respective claims as set forth in the
Schedules, which may be affected by inclusion of such information
(or the lack thereof, in cases where the Schedules indicate no debt
due to the subject party) on a customized proof of claim form
provided to potential creditors;

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

     (e) for all notices, motions, orders or other pleadings of
documents served, prepare and file or cause to be filed with the
Clerk an affidavit or certificate of service within seven (7)
business days of service which includes (i) either a copy of the
notice served or the docket number(s) and title(s) of the
pleading(s) served, (ii) a list of persons to whom it was mailed
(in alphabetical order) with their addresses, (iii) the manner of
service and (iv) the date served;

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

(g) provide an electronic interface for filing proofs of claim;

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

     (i) provide public access to the Claims Registers, including
complete proofs of claim with attachments, if any, without charge;

     (j) implement necessary security measures to ensure the
completeness and integrity of the Claims Registers and the
safekeeping of the original claims;

     (k) record all transfers of claims and provide any notices of
such transfers as requires by Bankruptcy Rule 3001(e);

     (l) relocate, by messenger or overnight delivery, all of the
court-filed proofs of claim to the offices of Prime Clerk, not less
than weekly;

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

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

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

     (p) assist in the dissemination of information to the public
and respond to requests for administrative information regarding
these chapter 11 cases as directed by the Debtors or the Court,
including through the use of as website and/or call centre;

     (q) if these chapter 11 cases are converted to cases under
chapter 7 of the Bankruptcy Code, contact the Clerk's office within
three (3) days of notice to Prime Clerk of entry of the order
converting the cases;  

     (r) 30 days prior to the close of these chapter 11 cases, to
the extent practicable, request that the Debtors submit to the
Court a proposed order dismissing Prime Clerk as Claims and
Noticing Agent and terminating its services in such capacity upon
completion of its duties and responsibilities and upon the closing
of these chapter 11 cases;

     (s) within seven days' of notice to Prime Clerk of entry of an
order closing these chapter 11 cases, provide to the Court the
final version of the Claims Registers as of the date immediately
before the close of the chapter 11 cases; and

     (t) at the close of these chapter 11 cases, (i) box transport
all original documents, in proper format, as provided by the
Clerk's office, to (i) the Federal Archives Record Administration,
located at Central Plains Region, 200 Space Centre Drive, Lee's
Summit, MO 64064 or (ii) any other location requested by the
Clerk's office.

Prime Clerk will be paid at these hourly rates:

     Analyst                                          $25-$50
     Technology Consultant                            $35-$85
     Consultant/Senior Consultant                     $65-$170
     Director                                         $175-$195
     Chief Operating Officer and Executive V-Pres     No Charge
     Solicitation Consultant                          $195
     Director of Solicitation                         $200      

The Debtors request that the undisputed fees and expenses incurred
by Prime Clerk in the performance of the services be treated as
administrative expenses of the Debtors' chapter 11 estates pursuant
to 26 U.S.C. 156(c) and Section 503(b)(1)(A) of the Bankruptcy
Code, and be paid in the ordinary course of business without
further application or order of the Court.

Prime Clerk agrees to maintain separate records of all services
showing dates, categories of services, fees charged and expenses
incurred, and to serve monthly invoices on each of the Debtors, the
office of the United States Trustee, counsel for the Debtors,
counsel for any official committee monitoring the expenses of the
Debtors and any party-in-interest who specifically request service
of the monthly invoices. If any disputes arises relating to the
Engagement Agreement or monthly invoices, the parties shall meet
and confer in an attempt to resolve the dispute; if the resolution
is not achieved, the parties may seek resolution of the matter from
the Court.

Additionally, under the terms of the Engagement Agreement, the
Debtors have agreed to indemnify, defend and hold harmless Prime
Clerk and its members, officers, employees, representative and
agents under certain circumstances specified in the Engagement
Agreement, except in circumstances resulting solely from Prime
Clerk's gross negligence or willful misconduct or as otherwise
provided in the Engagement or Retention Order. The Debtors believe
that such an indemnification obligation is customary, reasonable
and necessary to retain the services of a Claims and Noticing Agent
in these chapter 11 cases.

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

Michael J. Frishberg, Co-President and Chief Operating Officer of
Prime Clerk 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.

Prime Clerk may be reached at:

         Michael J. Frishberg
         830 Third Avenue, 9th Floor
         New York, New York 10022
         Tel.: 212 257 5450
         E-mail: mfrishberg@primeclerk.com

               About HHH Choices Health Plan, LLC

Three alleged creditors owed about $1.9 million submitted an
involuntary Chapter 11 petition for HHH Choices Health Plan, LLC
on May 4, 2015 (Bankr. S.D.N.Y. Case No. 15-11158) in Manhattan.

The petitioners are The Royal Care, Inc., (allegedly owed
$772,762), Amazing Home Care Services ($1,178,752), and InterGen
Health LLC ($42,298), all claiming that they are owed by the Debtor
for certain services rendered.  They all tapped Marc A. Pergament,
Esq., at Weinberg, Gross & Pergament, LLP, in Garden City, New
York, as counsel.

With the consent from the board of directors, the Debtor filed a
notice of consent to order for relief on June 1, 2015, and an
order for relief was entered on June 22, 2015.

Judge Michael E. Wiles oversees the case.

On Jan. 14, 2016, this Court entered an order administratively
consolidating the chapter 11 case of the Debtor with the chapter 11
cases of its affiliates, HHH Choices Health Plan, LLC and Hebrew
Hospital Home of Westchester, Inc. (Case Nos. 15-11158, 15-13264,
and 16-10028).

HHH Choices Health Plan, LLC tapped Harter Secrest & Emery LLP as
legal counsel.

On Dec. 28, 2015, the U.S. Trustee for Region 2, appointed five
members to the Committee.  The current members of the Committee
are: (a) 1199 SEIU Benefit and Pension Funds; (b) Andrea Taber,
Esq. on behalf of Lucille and Selig Popik; (c) Richard A. Bobbe;
(d) Mary Blumenthal-Lane on behalf of Julie Blumenthal; and (e)
Peter Clark on behalf of Ann Clark.

Thomas R. Califano, Esq. at DLA Piper LLP (US), represents the
Committee.  The panel tapped CohnReznick LLP, as its financial
advisor.


HEC FEEDYARD: Pushes Back Auction for Texas Facilities
------------------------------------------------------
HEC Feedyard, LLC, seeks authority from the Bankruptcy Court to
sell at a public auction to be conducted by Legacy Farm & Ranch
Auctions certain property described as:

   -- Feedlot Facility: consisting of 1125 +/- acres plus
improvements located in Friona, Parmer County, Texas, and

   -- Calf Ranch Facility: consisting of 1039.668 acres, including
46,400 sq. ft. warehouse and bulk commodity facility and 30,000 sq.
ft. truck or light manufacturing facility located in Muleshoe,
Bailey County, Texas.

According to the Debtor, the original Motion was filed before the
worst snow storm and blizzard hit the Debtor's calf ranch and
feedlot facilities, which impacted the ability for the auctioneers
to clean up and show the facilities to prospective purchasers.  Due
to these conditions, the auctioneers are of the opinion that
attempting to hold the auction under the current conditions could
have a serious adverse effect on the potential sales price of the
facilities by as much as a million dollars, and encouraged the
Debtor to request a postponement of the sale to a date no later
than April 30, 2016.

The Debtor explains that there are multiple creditors who hold a
second lien against the subject property behind the first lien
holder Plains Capital Bank, and the Debtor is also aware of liens
and encumbrances against the tracts of real property in favor of
PlainsCapital Bank, M&BK Corporation as well as the holders of
several judgment lien creditors that filed abstracts of judgment
against the respective tracts of real estate, so that holding the
auction with the facilities’ current dilemma could have a serious
impact on the potential recovery of any funds to the junior lien
holders and unsecured creditors.

Jason Wright Farms, Inc., objects to any sale, which would
terminate the lease of Parmer County real property where Wright has
already invested time and money on growing crops on the leased
property since the lease extends until a time subsequent to the
proposed public auction sale period, and since the balance of the
lease payment will not be due if the lease is terminated by the
sale.

              *     *     *

The Bankruptcy Court ordered that the provision of the Agreed Sale
Order pertaining to the distribution of the proceeds of the sale of
the Debtor's real property will be replaced in its entirety with
the following: ". . . the real property described in this motion is
to be sold free and clear of any and all interest with the liens
against such property to attach to the proceeds and that all such
proceeds from the sale, after withholdings and payment of taxes and
the first and prior liens of PlainsCapital Bank in full, are to be
held by the Debtor pending subsequent adjudication by the Court as
to the validity, priority, and extent of the remaining liens filed
of record pursuant to Bankruptcy Rule 7001(2) and pursuant to any
other applicable provisions of the Bankruptcy Code."

HEC Feedyard, LLC is represented by:

       David R. Langston
       MULLIN HOARD & BROWN, L.L.P.
       P.O. Box 2585
       Lubbock, Texas 79408-2585
       Telephone: (806)765-7491
       Facsimile: (806) 765-0553
       Email: drl@mhba.com

Jason Wright Farms, Inc. is represented by:

       Abel A. Leal, Esq.
       EASTERWOOD, BOYD & SIMMONS, PC
       623 N. Main Street, P. O. Box 273
       Hereford, Texas 79045
       Telephone: (806) 364-6801
       Facsimile: (806) 364-2526
       Email: abel@ebs-law.net

                About HEC Feedyard, LLC

HEC Feedyard, LLC sought Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Case No. 15-20252) on Oct. 5, 2015.  The petition was
signed by Wade Carrigan as member and chief reorganization manager.
Mullin, Hoard & Brown, L.L.P. serves as the Debtor's counsel.  The
Debtor estimated assets of $10 million to $50 million and
liabilities of $1 million to $10 million.  Judge Robert L. Jones is
assigned to the case.


HNO GREEN: Deadline to Confirm Plan Extended to June 30
-------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
has extended the deadline to confirm HNO Green Fuels Inc.'s Chapter
11 plan to June 30, 2016.

                      About HNO Green Fuels

Founded in 2010, HNO Green Fuels, Inc. --
http://www.hnogreenfuels.com/-- is a manufacturing, distribution
and research and development company specializing in reducing
particulate matter emission, improving combustion efficiency and
fuel economy and producing breathable oxygen.  The company owns
nine patents and has six pending. The patents are for the Hydrogen
Supplemental System for On-Demand Hydrogen Generation for Internal
Combustion Engines.

HNO Green Fuels sought Chapter 11 protection (Bankr. C.D. Cal. Case
No. 15-14946) in Riverside, California, on May 16, 2015. Judge Mark
D. Houle is the case judge.

The Debtor estimated $50 million to $100 million in assets and $1
million to $10 million in debt.  

The Debtor tapped Levene, Neale, Bender, Yoo & Brill L.L.P, as
counsel.


HNRC DISSOLUTION: Terry Giese Suit vs. Community Tax Dismissed
--------------------------------------------------------------
Judge Tracey N. Wise of the United States Bankruptcy Court for the
Eastern District of Kentucky, Ashland Division, granted defendants
Community Trust Bank and Lexington Coal Company's motion to dismiss
the adversary proceeding captioned TERRY GIESE, Plaintiff, v.
COMMUNITY TRUST BANK, et al., Defendants, Adv. No. 15-1005 (Bankr.
E.D. Ky.).

Judge Wise concluded that Terry Giese's claims must be dismissed on
principles of res judicata and failure to state a claim upon which
relief can be granted.  The judge held that Giese's claims that his
predecessors-in-interest have, or had, an interest in the funds
held in an account maintained at Community Trust Bank, and Giese's
additional claims predicated on that alleged entitlement to those
funds, are barred as a matter of law.

The bankruptcy case is IN RE HNRC DISSOLUTION CO., Debtor, Case No.
02-14261 (Bankr. E.D. Ky.).

A full-text copy of Judge Wise's April 15, 2016 memorandum opinion
is available at http://is.gd/jK0H2Nfrom Leagle.com.

Terry Giese is represented by:

          Philip G. Fairbanks, Esq.
          M Austin Mehr, Esq.
          201 West Short Street, Suite 800
          Lexington, KY 40507
          Tel: (859)225-3731
          Fax: (859)225-3830

            -- and --

          John M Simms, Esq.
          1608 Harrodsburg Rd
          Lexington, KY 40504-3706
          Tel: (859)225-1745

Community Trust Bank is represented by:

          H. Derek Hall, Esq.
          Martin B. Tucker, Esq.
          DINSMORE & SHOHL LLP
          Lexington Financial Center
          250 W. Main St., Suite 1400
          Lexington, KY 40507
          Tel: (859)425-1000
          Fax: (859)425-1099
          Email: martin.tucker@dinsmore.com

International Coal Group, Inc. is represented by:

          Philip Douglas Barr, Esq.
          J. Kent Durning, Esq.
          Lea Pauley Goff, Esq.
          STOLL KEENON OGDEN PLLC
          300 West Vine Street, Suite 2100
          Lexington, KY 40507-1801
          Tel: (859)231-3000
          Fax: (859)253-1093
          Email: douglas.barr@skofirm.com
                 kent.durning@skofirm.com
                 lea.goff@skofirm.com

Lexington Coal Company, LLC is represented by:

          Janet Smith Holbrook, Esq.
          DINSMORE & SHOHL LLP
          611 Third Avenue
          Huntington, WV 25701
          Tel: (304)529-6181
          Fax: (304)522-4312
          Email: janet.holbrook@dinsmore.com


HUFFMAN CONSTRUCTION: Case Summary & 10 Unsecured Creditors
-----------------------------------------------------------
Debtor: Huffman Construction, Inc.
        814 Carriage Lane
        Nederland, TX 77627

Case No.: 16-10220

Chapter 11 Petition Date: May 2, 2016

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

Judge: Hon. Bill Parker

Debtor's Counsel: Robert E. Barron, Esq.
                  ROBERT E. BARRON, P.C.
                  P.O. Box 1347
                  Nederland, TX 77627
                  Tel: (409)727-0073
                  Fax: (409) 724-7739
                  E-mail: ecffiling@rbarronlaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Michael Huffman, owner.

A list of the Debtor's 10 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txeb16-10220.pdf


HUTCHESON MEDICAL: Trustee Can Access Properties After Sale Closing
-------------------------------------------------------------------
Judge Paul W. Bonapfel of the Bankruptcy Court for the Northern
District of Georgia, Rome Division, authorized the Chapter 11
Trustee and Maybrook Healthcare, LLC, to enter into the Reciprocal
Easement in connection with the Closing of the sale to Maybrook.

The Trustee asked the Court to enter an order supplementing the
Sale Order to confirm that the Trustee is authorized under the Sale
Order to enter into a Reciprocal Easement Agreement so that
Maybrook and the Trustee (or any subsequent owner of Lots 1 and 4),
will be assured post-Closing of continued access to their
properties over private roadways which cross the lots shown on the
Survey. Because the Subject Real Property was part of the much
larger tract of the land which contains other structures not being
sold to Maybrook, it was necessary for the parties to obtain a new
survey which subdivides the larger tract and creates separate lots
containing just the Subject Real Property being sold to Maybrook.

Counsel for the Chapter 11 Trustee, Ronald L. Glass:

       J. Robert Williamson, Esq.
       Ashley Reynolds Ray, Esq.
       J. Hayden Kepner, Jr., Esq.
       SCROGGINS & WILLIAMSON, P.C.
       One Riverside
       4401 Northside Parkway
       Suite 450
       Atlanta, GA 30327
       Telephone: (404) 893-3880
       Facsimile: (404) 893-3886
       Email: rwilliamson@swlawfirm.com
              aray@swlawfirm.com
              hkepner@swlawfirm.com

             About Hutcheson Medical Center

Hutcheson Medical Center, Inc., operates the 179-bed hospital and
related ancillary facilities, including, without limitation, a
skilled nursing home and an ambulatory surgery center, located in
Ft. Oglethorpe, Georgia, known as Hutcheson Medical Center.  HMC
leases the land and buildings that comprise the Medical Center from
The Hospital Authority of Walker, Dade and Catoosa Counties.

HMC and Hutcheson Medical Division, Inc., sought Chapter 11
bankruptcy protection (Bankr. N.D. Ga. Case No. 14-42863 and
14-42864) in Rome, Georgia, on Nov. 20, 2014.  The cases are
jointly administered under Case No. 14-42863.

The cases have been assigned to the Honorable Paul W. Bonapfel. The
Debtors are represented by Ashley Reynolds Ray, Esq., and J. Robert
Williamson, Esq., at Scroggins and Williamson, in Atlanta,
Georgia.

HMC disclosed $32.8 million in assets and $52.9 million in
liabilities as of the Chapter 11 filing.


IHEARTMEDIA INC: In Mediation with Lenders
------------------------------------------
Stephanie Gleason, writing for Dow Jones' Daily Bankruptcy Review,
reported that iHeartMedia Inc. is working to resolve its dispute
out of court with lenders that have declared a default on billions
of dollars of the company's debt ahead of a trial on that default.

According to the report, the former Clear Channel Communications
announced in financial documents that it had begun mediation with
certain lenders and bondholders "to try to resolve the dispute and
to explore possible alternatives to the terms of the Company's
existing senior secured indebtedness."  The parties have been
operating under the terms of a temporary restraining order and a
standstill agreement ahead of the May trial, the report related.
IHeart added that mediation will conclude when an agreement is
reached or the trial begins, the report further related.

A group of lenders holding more than $3 billion in debt --
including private-equity funds Benefit Street Partners LLC and
Canyon Capital Advisors LLC as well as investment firm giant
Franklin Resources Inc. -- notified iHeart of an event of default
in March relating to a transfer of shares that the lenders say are
worth $1.241 billion, the report said.  In response, iHeart has
asked a Texas state court to nullify the event of default, the
report added.

At issue in the Texas litigation is whether the transfer of shares
is permitted under the terms of the loan agreements, the report
further related.  The lenders argue in court documents that iHeart
"gave away" the shares, which were part of the package securing
their debt, when the company transferred them from its Clear
Channel Outdoor Holdings Inc. subsidiary to an unrestricted
subsidiary called Broader Media LLC and received nothing in return,
the report said.  The action violates the terms of their debt
agreement with iHeart, the group says, the report added.

                     About iHeartCommunications

iHeartCommunications, Inc., (formerly known as Clear Channel
Communications, Inc.) is a global media and entertainment company.
The Company specializes in radio, digital, outdoor, mobile,
social, live events, on-demand entertainment and information
services for local communities, and uses its unparalleled national
reach to target both nationally and locally on behalf of its
advertising partners.  The Company is dedicated to using the
latest technology solutions to transform the company's products
and services for the benefit of its consumers, communities,
partners and advertisers, and its outdoor business reaches over 40
countries across five continents, connecting people to brands
using innovative new technology.

IheartCommunications reported a net loss attributable to the
Company of $755 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to the
Company of $793.76 million on $6.31 billion of revenue for the
year
ended Dec. 31, 2014.  As of Dec. 31, 2015, the Company had $13.8
billion in total assets, $24.4 billion in total liabilities and a
total shareholders' deficit of $10.6 billion.

                       Bankruptcy Warning

"The ability to refinance the debt will depend on the condition of
the capital markets and our financial condition at such time.  
Any
refinancing of the debt could be at higher interest rates and
increase debt service obligations and may require us and our
subsidiaries to comply with more onerous covenants, which could
further restrict our business operations.  The terms of existing
or
future debt instruments may restrict us from adopting some of
these
alternatives.  These alternative measures may not be successful
and
may not permit us or our subsidiaries to meet scheduled debt
service obligations.  If we or our subsidiaries cannot make
scheduled payments on indebtedness, we or our subsidiaries, as
applicable, will be in default under one or more of the debt
agreements and, as a result we could be forced into bankruptcy or
liquidation," the Company said in its annual report for the year
ended Dec. 31, 2015.  

                            *   *    *

iHeartCommunications carries a 'CCC' Issuer Default Ratings (IDR)
from Fitch Ratings and a 'Caa2 Corp." corporate family rating from
Moody's Investors Service.


INDICON INC: 2nd Cir. Affirms Dismissal of Vanguard's Claims
------------------------------------------------------------
The United States Court of Appeals for the Second Circuit affirmed
the judgment of the district court in the case captioned VANGUARD
PRODUCTS CORPORATION, Plaintifb00-Appellant, v. KIM CITRIN, STEPHEN
JAMES CURLEY, DYMAX CORPORATION, INDICON, INC., OMNI SOLO, INC.,
TRIDAK, LLC, MARIE DESALVO, Defendants-Appellees, JOSEPH TESORIERE,
Defendant, No. 15-746-bk (2nd Cir.), relating to IN RE: INDICON,
INC., Debtor.

Vanguard Products Corporation appealed from the district court's
September 30, 2013 judgment affirming an order of the United States
Bankruptcy Court for the District of Connecticut entered March 20,
2012 granting defendant Joseph Tesoriere's letter motion to dismiss
Vanguard's adversary proceeding against the non-debtor defendants
for lack of subject matter jurisdiction.  Vanguard also appealed
the district court's February 9, 2015 denial of Vanguard's motion
for rehearing.

The Second Circuit concluded that the bankruptcy court correctly
held that it lacked jurisdiction over the claims against the
defendants other than the debtor Indicon, Inc..  The appellate
court held that Vanguard's claims against the non-debtor defendants
for, inter alia, breach of fiduciary duty, fraudulent transfers,
and violation of the Connecticut Unfair Trade Practices Act, would
have had "no effect on the estate of the debtor."

A full-text copy of the Second Circuit's April 4, 2016 summary
order is available at http://is.gd/ERGdNTfrom Leagle.com.

Stephen J. Curley is represented by:

          Stephen J. Curley, Esq.
          LAW OFFICES OF STEPHEN J. CURLEY
          One Atlantic Street, Suite 604
          Stamford, CT
          Tel: (203)327-1317
          Fax: (203)276-8768

Dymax Corporation and Tridak, LLC is represented by:

          Gerald T. Giaimo, Esq.
          Daniel J. Krisch, Esq.
          HALLORAN & SAGE, LLP
          One Goodwin Square
          225 Asylum Street
          Hartford, CT 06103
          Tel: (860)522-6103
          Fax: (860)548-0006
          Email: giaimo@halloransage.com
                 krisch@halloransage.com                 

Omni Solo, Inc. is represented by:

          Robert Alan Schrage, Esq.
          LAW OFFICES OF ROBERT ALAN SCHRAGE
          2 Corporate Drive, Suite 234
          Shelton, CT 06484
          Tel: (203)513-3228


J. CREW: Bank Debt Trades at 21% Off
------------------------------------
Participations in a syndicated loan under which J. Crew is a
borrower traded in the secondary market at 79.34
cents-on-the-dollar during the week ended Friday, April 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.03 percentage points from the
previous week.  J. Crew pays 300 basis points above LIBOR to borrow
under the $1.56 billion facility. The bank loan matures on Feb. 27,
2021 and carries Moody's B2 rating and Standard & Poor's B- rating.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended April 29.


JOHN DAVIS TRUCKING: Lander Buying Equipment for $220,000
---------------------------------------------------------
Stephen R. Harris, Esq., of Harris Law Practice LLC, as liquidating
trustee appointed under the recently confirmed liquidating plan for
John Davis Trucking Company, Inc., on April 27, 2016, filed a
motion to sell to Lander County Aggregate Company, LLC, 5 vehicles,
two loaders, one excavator, one feeder, one washplant and six
conveyors (collectively the "Equipment") for a total purchase price
of $220,000.  Lander was formed in 2015, and its managing members
are brothers John Davis and Shane Davis, who are officers of the
Debtor.  The Equipment is currently located on land owned by SDJD
Properties, LLC, another entity owned by brothers John and Shane
Davis.  Ritchie Bros. has estimated the total auction value of the
Equipment at $376,500, and Ritchie would charge a 9.5% commission.
The offer submitted by the proposed buyer is 75% of the value of
the assets to the Trust.  Any Court hearing on the Motion will
allow for overbidding by qualified bidders.  A hearing on the
Motion is scheduled for May 31, 2016, at 11:00 a.m.

                     About John Davis Trucking

John Davis Trucking Company, Inc., sought Chapter 11 protection
(Bankr. D. Nev. Case No. 14-51643) in Reno, Nevada, on Sept. 29,
2014.  The case judge is Bruce T. Beesley

The Debtor tapped Hartman & Hartman as counsel.

The Debtor disclosed $5.71 million in assets and $5.64 million in
liabilities.

                           *     *     *

On March 4, 2016, the Court entered an order confirming the
Official Committee of Unsecured Creditors' Second Amended Proposed
Plan of Orderly Liquidation, as Amended.  The assets of the Debtor
were vested to the John Davis Trucking Company, Inc., Liquidating
Trust.  On April 4, 2016, a notice of liquidating trust agreement
was filed with the Court and Stephen R. Harris, Esq., was duly
appointed Liquidating Trustee.

The Liquidating Trustee can be reached at:

         Stephen R. Harris, Esq.
         HARRIS LAW PRACTICE, LLC
         6151 Lakeside Drive, Suite 2100
         Reno, NV 89511
         Tel: (775) 786-7600
         E-mail: steve@harrislawreno.com



JOHN DAVIS TRUCKING: Selling 21 Scrap Vehicles for $15K
-------------------------------------------------------
Stephen R. Harris, Esq., of Harris Law Practice LLC, as liquidating
trustee appointed under the recently confirmed liquidating plan for
John Davis Trucking Company, Inc., on April 27, 2016, filed a
motion to sell 21 vehicles to Atlas Towing Service, Inc., for a
purchase price of $15,160.  All of the vehicles being sold are
either fully non-operational, or ill require repairs to make them
operational in excess of their current value, and they have been
determined to have no more than "scrap" value to the estate.  A
hearing on the Motion is scheduled at May 31, 2016, at 11:00 a.m.

                     About John Davis Trucking

John Davis Trucking Company, Inc., sought Chapter 11 protection
(Bankr. D. Nev. Case No. 14-51643) in Reno, Nevada, on Sept. 29,
2014.  The case judge is Bruce T. Beesley

The Debtor tapped Hartman & Hartman as counsel.

The Debtor disclosed $5.71 million in assets and $5.64 million in
liabilities.

                           *     *     *

On March 4, 2016, the Court entered an order confirming the
Official Committee of Unsecured Creditors' Second Amended Proposed
Plan of Orderly Liquidation, as Amended.  The assets of the Debtor
were vested to the John Davis Trucking Company, Inc., Liquidating
Trust.  On April 4, 2016, a notice of liquidating trust agreement
was filed with the Court and Stephen R. Harris, Esq., was duly
appointed Liquidating Trustee.

The Liquidating Trustee can be reached at:

         Stephen R. Harris, Esq.
         HARRIS LAW PRACTICE, LLC
         6151 Lakeside Drive, Suite 2100
         Reno, NV 89511
         Tel: (775) 786-7600
         E-mail: steve@harrislawreno.com



JOHN DAVIS TRUCKING: Selling Office Furniture, Supplies for $1,500
------------------------------------------------------------------
Stephen R. Harris, Esq., of Harris Law Practice LLC, as liquidating
trustee appointed under the recently confirmed liquidating plan for
John Davis Trucking Company, Inc., on April 27, 2016, filed a
motion to sell office furniture and supplies to Quality
Transportation, Inc., for $1,500.  QTI is owned by brothers John
Davis and Shane Davis, who are officers of the Debtors.  The office
furniture is currently located in the office complex owned by SDJD
Properties, LLC, another entity owned by the brothers.  The
Liquidating Trustee believes that the offer is fair and reasonable,
in that the Office Furniture is of minimal value and would need to
be relocated to Reno from Battle Mountain in the event of an
auction or other sale.  The Debtor proposes that any Court hearing
on the Motion allow for overbidding by qualified buyers.  A hearing
on the Motion is scheduled at May 31, 2016, at 11:00 a.m.

                     About John Davis Trucking

John Davis Trucking Company, Inc., sought Chapter 11 protection
(Bankr. D. Nev. Case No. 14-51643) in Reno, Nevada, on Sept. 29,
2014.  The case judge is Bruce T. Beesley

The Debtor tapped Hartman & Hartman as counsel.

The Debtor disclosed $5.71 million in assets and $5.64 million in
liabilities.

                           *     *     *

On March 4, 2016, the Court entered an order confirming the
Official Committee of Unsecured Creditors' Second Amended Proposed
Plan of Orderly Liquidation, as Amended.  The assets of the Debtor
were vested to the John Davis Trucking Company, Inc., Liquidating
Trust.  On April 4, 2016, a notice of liquidating trust agreement
was filed with the Court and Stephen R. Harris, Esq., was duly
appointed Liquidating Trustee.

The Liquidating Trustee can be reached at:

         Stephen R. Harris, Esq.
         HARRIS LAW PRACTICE, LLC
         6151 Lakeside Drive, Suite 2100
         Reno, NV 89511
         Tel: (775) 786-7600
         E-mail: steve@harrislawreno.com



JOHN DAVIS TRUCKING: Taps Ritchie Bros. to Sell Equipment
---------------------------------------------------------
Stephen R. Harris, Esq., of Harris Law Practice LLC, as liquidating
trustee appointed under the recently confirmed liquidating plan for
John Davis Trucking Company, Inc., on April 27 filed a motion to
engage Ritchie Bros. as the auctioneer to sell that certain
equipment, at public auctions to be held in June of 2016.

Ritchie Bros. -- http://www.rbauction.com/-- is one of the largest
equipment auctioneers in the U.S.

The Debtor and the Liquidating Trustee have agreed that the Debtor
will assist the Liquidating Trustee in removing the assets from the
Debtor's business location in Battle Mountain, Nevada, up until
June 30, 2016.  With that deadline in mind, the Liquidating Trustee
desires to remove all of the equipment from the Debtor's location
in Battle Mountain, either by transport to Ritchie Bros. or third
party sales, before that date.

Certain Equipment has been designated for the auction scheduled for
June 10, 2016, in Las Vegas, Nevada; other Equipment is designated
to be offered at the auction to be held on June 21, 2016, in Salt
Lake City, Utah; and a final selection of Equipment is designated
to be offered at the auction to be held on June 23, 2016, in Reno,
Nevada.

Pursuant to the confirmed Plan, the Liquidating Trustee has
commenced shipment of Equipment to the various auction locations,
and all Equipment will be delivered to the appropriate locations
prior to the date of the sale.


JUNIPER GTL: Gets Court Approval to Hire Donlin as Noticing Agent
-----------------------------------------------------------------
Juniper GTL, LLC received court approval to hire Donlin, Recano &
Company Inc. as its noticing and balloting agent.

As noticing and balloting agent, Donlin Recano is tasked to prepare
and serve notices necessary for an orderly administration of the
company's bankruptcy case.

The firm will also assist in the dissemination of information about
the case; assist in the solicitation, tabulation and calculation of
votes; and help manage any distributions pursuant to a confirmed
Chapter 11 plan.

Prior to its bankruptcy filing, Juniper provided the firm a
retainer in the amount of $5,000.  Donlin Recano will first apply
the retainer to all pre-bankruptcy invoices, and thereafter, to
hold any remaining amounts as security for the payment of its fees
and expenses.

The firm neither holds nor represents any interest adverse to the
company and is a "disinterested person" under section 101(14) of
the Bankruptcy Code, according to Donlin Recano Chief Operating
Officer Roland Tomforde.

                        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 (Bankr.
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 BOUTIN: 2013 BMW 650i Not Property of Estate, Sale Denied
---------------------------------------------------------------
Judge Jason D. Woodard on April 27, 2016, entered an order denying
debtor Kevin Boutin's motion to sell a 2013 BMW 650i.  BMW
Financial Services N.A. LLC, had filed a response to the motion to
assert that the vehicle is not property of the bankruptcy estate
and is encumbered by BMW's lien.  The Debtor contends that he owns
the vehicle free and clear of any liens and wishes to sell the
vehicle to finance his bankruptcy case.  BMW contends that the
vehicle is not owned by the Debtor but instead by the Debtor's
company, Tri-Vista Rehab, Inc.  As such, BMW argues that the
Vehicle is not property of the bankruptcy estate and the Debtor may
not sell it without paying BMW in full.

"After tracing the chain of title and reviewing the documents
executed by the parties, the Court finds that Tri-Vista -- not the
Debtor -- is the owner of the Vehicle. It is uncontested that Tom
Williams BMW held good and clear title in the Vehicle, and Tom
Williams BMW assigned all of its rights to Tri-Vista. The
Application was completed solely in Tri-Vista's name. The
Certificate of Title was issued with Tri-Vista listed as the only
owner. Accordingly, Tri-Vista is the owner. Because the Vehicle is
not owned by the Debtor individually, it is not property of the
bankruptcy estate and may not be sold by the Debtor," Judge Woodard
ruled.

Kevin Boutin sought Chapter 11 protection (Bankr. N.D. Miss. Case
No. 13-14699) on Nov. 6, 2013.  Mr. Boutin is the 100% owner of
Tri-Vista Rehab, Inc., an occupational therapy clinic he formed in
2001.



KINGWOOD FOOD: Case Summary & Unsecured Creditor
------------------------------------------------
Debtor: Kingwood Food Enterprises, Inc.
           dba Kingwood Food Store #2
        110 McClellan Road
        Kingwood, TX 77339-2708

Case No.: 16-32304

Chapter 11 Petition Date: May 2, 2016

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

Judge: Hon. Karen K. Brown

Debtor's Counsel: Peter Johnson, Esq.
                  LAW OFFICES OF PETER JOHNSON
                  Eleven Greenway Plaza, Suite 2820
                  Houston, TX 77046
                  Tel: 713-961-1200
                  E-mail: pjohnson@pjlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sajjad Pasha, president.

The Debtor listed Business Discover Card Discover Financial
as its largest unsecured creditor holding a claim of $13,000.


KNH AVIATION: Partial Bid to Junk Suit vs. M. Hill, et al., Denied
------------------------------------------------------------------
Judge David R. Duncan of the United States Bankruptcy Court for the
District of South Carolina denied the partial motion filed by
defendants Michael Hill, Donald Kamenz, Derek Nice, Carol Drew, and
Jesper Lundberg to dismiss the Chapter 7 trustee Michelle Vieira's
amended complaint.

Vieira commenced an adversary proceeding on September 1, 2015,
asserting eleven causes of action against defendants Hill, Kamenz,
Nice, and Drew.  Vieira's amended complaint added Lundberg as a
defendant and asserted fifteen causes of action against the
defendants.

The defendants' Motion to Dismiss sought to dismiss the first,
second and third causes of action asserted in Vieira's amended
complaint.  The first cause of action is for breach of fiduciary
duties of care relating to the alleged undercapitalization and
insolvency of the debtor, and the second and third causes of action
are for breach of fiduciary duties of care by Hill, Kamenz, Drew,
and Nice relating to sale and lease agreements entered into between
the debtor and Sun Air of Scandinavia A/S on November 22, 2011.
The defendants first asserted that all three causes of action are
time-barred.  The defendants also argued that the first cause of
action fails to state a claim because Delaware law does not
recognize a cause of action for breach of fiduciary duty based on
failure to adequately capitalize a company.

Judge Duncan found that the amended complaint alleges a continued,
ongoing pattern by the defendants of undercapitalization and
failure to fully inform themselves before making business decisions
which resulted in the continued insolvency of the debtor.  As a
result, the judge denied the defendants' Motion to Dismiss the
first cause of action as to those acts occurring prior to March 24,
2012 as time-barred.  Judge Duncan held that discovery may clarify
the nature of the acts as ongoing or discrete.  In addition, Judge
Duncan found that under Delaware's standard for breach of duty of
care, Vieira's amended complaint contains sufficient allegations to
state a claim for breach of duty of care.

As to the second and third causes of action, Judge Duncan held that
although it is undisputed that the statute of limitations has
expired with respect to the acts complained of, it appears that the
amended complaint contains sufficient allegations relating to these
tolling exceptions that it would be inappropriate to dismiss the
second and third causes of action.

The bankruptcy case is In re, KNH Aviation Services, Inc. d/b/a
AvCraft Technical Services, Chapter 7 Debtor, C/A No. 15-01641-DD
(Bankr. D.S.C.).

The adversary proceeding is Michelle Vieira, chapter 7 trustee for
KNH Aviation Services, Inc. d/b/a AvCraft Technical Services,
Plaintiff, v. Michael Hill, Donald Kamenz, Derek Nice, Carol Drew,
and Jesper Lundberg, Defendants, Adv. Pro. No. 15-80170-DD (Bankr.
D.S.C.).

A full-text copy of Judge Duncan's April 12, 2016 order is
available at http://is.gd/c68sM8from Leagle.com.


LAKE TAHOE: Ch. 11 Case Must Be Dismissed, Sorm Insists
-------------------------------------------------------
Sorm Investments, LLC, maintains that the U.S. Bankruptcy Court for
the Northern District of California, Santa Rosa Division, must
dismiss Lake Tahoe Partners, LLC's Chapter 11 case,

Sorm points out that the Debtor now admits that its promise of
imminent financing to repay creditors is false; rather, an insider
affiliated with Timothy Wilkens intends to borrow funds to purchase
the Debtor's sole assets, in a transaction in which Mr. Wilkens is
negotiating both sides.  Sorm adds that Mr. Wilken's testimony
revealed other conflicts of interest, including causing the Debtor
to repay undocumented loans to himself and his family trusts,
rather tha paying non-insider creditors owed millions.

Sorm had sought the dismissal of the Debtor's case, saying that
this case was improperly filed in the Northern District of
California although there was no proper basis for venue in this
Court under that statute.  The Debtor filed an objection on March
7, saying that the Sorm's motion seeks to dismiss the case based on
a statement the Debtor's CEO, Tim Wilkens, made in the Debtor's
petition which stated that its "principal place of business" is
located in Tahoe Vista, California.

Sorm Investments is represented by:

          Gary M. Kaplan, Esq.
          FARELLA BRAUN + MARTEL LLP
          235 Montgomery Street, 18th Floor
          San Francisco, CA 94104
          Telephone: (415) 954-4400
          Facsimile: (415) 954-4480
          Email: gkaplan@fbm.com

Lake Tahoe Partners LLC, a single asset real estate, filed a
Chapter 11 bankruptcy petition (Bankr. N.D. Calif. Case No.
16-10150) on March 1, 2016.  The petition was signed by Tim
Wilkens
as CEO.  The Debtors estimated assets in the range of $10 million
to $50 million and liabilities of at least $10 million.  The Law
Offices of Michael Brook serves as the Debtor's counsel.  Judge
Thomas E. Carlson represents the Debtor as counsel.


LGA&M MANAGEMENT: 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 LGA & M Management, LLC.

LGA & M Management, LLC sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Southern
District of Texas (Houston) (Case No. 16-31687) on April 4, 2016.

The Debtor is represented by Gregg K. Saxe, Esq., at Law Office of
Gregg Saxe, P.C. The case is assigned to Judge Karen K. Brown.

The Debtor disclosed total assets of $1.78 million and total debts
of $1.12 million.


LOUISIANA PELLETS: Hires Headwaters and Saltbox as Consultants
--------------------------------------------------------------
Louisiana Pellets, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the Western District of Louisiana to employ
Headwaters BD, LLC as investment banker, and Saltbox Partners LLC
as consultant to the Debtors.

Louisiana Pellets will look to Headwaters and Saltbox to provide
these services:

   1. General Financial Advisory and Investment Banking Services.

      a. Review and analyze the Company's business, financial
         condition, and prospects;

      b. If the Company determines to undertake any Restructuring
         Transaction, any Sale Transaction and/or Financing
         Transaction, advise and assist the Company in
         structuring and effecting the financial aspects of any
         such Transaction or Transactions, subject to the terms
         and conditions of the Agreement.

   2. Restructuring Services. If the Company determines to pursue
      or effect any Restructuring, Headwaters will:

      a. Provide financial advice and assistance to the Company
         in developing and seeking approval of any Restructuring
         Transaction, including a plan of reorganization or
         liquidation, which may be a plan under chapter 11
         bankruptcy plan ("Plan").

      b. Provide financial advice and assistance to the Company
         in structuring any new securities or obligations to be
         issued under the Plan;

      c. Participate in negotiations with any entities or groups
         affected by the Plan; and

      d. Participate in hearings before the Bankruptcy Court with
         respect to the matters necessary.

   3. Sales Services. If the Company determines to pursue or
      effect any Sale, Headwaters will:

      a. Provide financial advice and assistance to the Company
         in connection with any such Sale Transaction, identify
         acquirers ("Acquirers") with respect to such Sale
         Transaction and, at the Company's request, solicit such
         Acquirers;

      b. Assist the Company in developing and preparing offering
         to be used in soliciting Acquirers with respect to any
         Sale Transaction; and

      c. Assist the Company and/or participate in negotiations
         with Acquirers.

   4. Financing Services. If the Company determines to pursue or
      effect any Financing Transactions, Headwaters will:

      a. Provide financial advice and assistance to the Company
         in structuring and effecting any such Financing
         Transaction, identify potential investors ("Investors")
         with respect to such Financing Transaction and, at the
         Company's request, solicit such Investors;

      b. Assist the Company in developing and preparing Offering
         Materials to be used in soliciting Investors with
         respect to any Financing Transaction, and

      c. Assist the Company and/or participate in negotiations
         with Investors.

Headwaters will be paid monthly retainers and also will be entitled
to a sale transaction success fee, a restructuring transaction fee,
or a financing transaction fee.  Headwaters will receive
non-refundable cash fees of $50,000 per month with the first
month's fee payable upon execution of this agreement and subsequent
fees payable on the 15th of each month thereafter. In the event of
a Sale Transaction, three months of Monthly Retainers shall be
credited towards a Success Fee for the amounts above the Minimum
Success Fee.

Headwaters will be paid a percentage of a sale or restructuring
transaction as the firm's Success Fee.  Those percentages have been
redacted and have not been made available to the public.

To the best of the Debtor's knowledge, the firms are 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.

Headwaters and Saltbox can be reached at:

     Paul Janson
     HEADWATERS BD, LLC
     1225 17th Street, Suite 2460
     Denver, CO 80202
     Tel: (303) 572-6000
     Fax: (303) 572-6001

          - and -

     Nina Eshoo
     SALTBOX PARTNERS LLC
     41 Madison Avenue, Suite 2529
     New York, NY 10010
     Tel: (212) 679-5300
     E-mail: eshoo@saltboxllc.com

                      About Louisiana Pellets

Louisiana Pellets, Inc and German Pellets Louisiana, LLC are
members of the "German Pellets" family of companies, which is a
family of related companies centered in Wismar, Germany, operating
in the wood pellets industry.

LPI owns a wood pellet production facility located on 334 acres of
land in Urania, Louisiana. The Facility is still under construction
and is not yet fully complete or operational. GPLA is the general
contractor for construction of the Facility. A contract is in place
with E.ON UK PLC (a United Kingdom utility company) to purchase the
wood pellet production from the Facility.

LPI and PLA sought Chapter 11 protection (Bankr. W.D. La., Lead
Case No. 16-80162) on Feb. 18, 2016, due to cost overruns and
delays in the course of construction of their still-to-be-completed
wood pellet production facility. The petitions were signed by
Anna-Kathrin Leibold, president and chief executive officer. The
Hon. John W. Kolwe presides over the case.

Louisiana Pellets, Inc., estimated assets and debts at $100 million
to $500 million. German Pellets estimated assets and debts at $50
million to $100 million.

The Debtors tapped Locke Lord LLP, as counsel.

According to the docket, the Debtor's Chapter 11 plan and
Disclosure Statement are due June 17, 2016. A status conference
hearing is scheduled for July 6, 2016, at 9:30 a.m.


MALLINCKRODT GROUP: Bank Debt Trades at 3% Off
----------------------------------------------
Participations in a syndicated loan under which Mallinckrodt Group
Inc. is a borrower traded in the secondary market at 96.32
cents-on-the-dollar during the week ended Friday, April 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.42 percentage points from the
previous week.  Mallinckrodt Group pays 275 basis points above
LIBOR to borrow under the $1.3 billion facility. The bank loan
matures on Feb. 25, 2021 and carries Moody's Ba1 rating and
Standard & Poor's BB+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended April 29.


MODERN SHOE: Case Summary & 18 Largest Unsecured Creditors
----------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                          Case No.
       ------                                          --------
       Modern Shoe Company LLC                         16-11658
       101 Sprague Street
       Hyde Park, MA 02136

       Highline United LLC                             16-11659
       101 Sprague Street
       Hyde Park, MA 02136

Nature of Business: Specialty designers, wholesalers, and
                    importers of premium-segment footwear and
                    handbags.

Chapter 11 Petition Date: May 2, 2016

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

Judge: Hon. Melvin S. Hoffman

Debtors' Counsel: Kenneth S. Leonetti, Esq.
                  FOLEY HOAG LLP
                  Seaport World Trade Center West
                  155 Seaport Boulevard
                  Boston, MA 02210
                  Tel: (617) 832-1000
                  Fax: (617) 832-7000
                  E-mail: kleonett@foleyhoag.com

                    - and -

                  Michael Licker, Esq.
                  FOLEY HOAG LLP
                  Seaport West
                  155 Seaport Blvd.
                  Boston, MA 02210
                  Tel: 617-832-1197
                  E-mail: mlicker@foleyhoag.com

Debtors'          
Accountant:       VERDOLINO & LOWEY, P.C.

Debtors'          
Restructuring
Advisor:          BERICKSON GROUP, LLC

                                    Estimated   Estimated
                                     Assets    Liabilities
                                   ----------  -----------
Modern Shoe Company                $1MM-$10MM  $10MM-$50MM
Highline United                    $10MM-$50MM  $10MM-$50MM

The petitions were signed by Kimberley Bradley, COO and CFO.

List of Modern Shoe's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
ADP LLC                             Service Fees            $150

American Import Shippers           Shipping Services        $331
Association
E-mail: f.delapena@aisaship.com

Belk Stores                        Markdown & Adv Owed   $23,000
E-mail: AP_Correspondence@Belk.com

Bloomingdale's                     Markdown & Adv Owed   $41,200

Brand Matter LLC                       Royalty          $813,750
1450 Broadway
New York, NY 10022
E-mail: cbang@sbg-ny.com

California Transport ENT            Shipping Services       $119

DAMCO Customs Services                Custom Broker      $43,948
E-mail: valerie.camacho@damco.com

Federated Dept. Stores             Markdown & Adv Owed  $357,000
7 West Seventh St.
Cincinnati, OH 45202
Tel: 513-782-1400

Highland Sprague Associates LP            Rent           $12,881
E-mail: MOConnor@Firsthighland.com

JS Int Macao                         Goods Sold       $8,175,226
Offshore Ltd
AV.Da Praia
Grande 429
16-Andar, Sala
01, EDF Centro
Comercial Da Praia
China
Jacqueline Hou
jacqueline.hou@uimax.com
Tel: 86 769-83375952

Konica Minolta Business              Copier Lease           $238
Solutions USA Inc.
E-mail: bmcbride@kmbs.k
onicaminolta.us

Lord and Taylor                     Markdown & Adv.     $301,050
424 Fifth Avenue                        Owed
New York, NY 10018
AP.Helpdesk@lordandtaylor.com
Tel: 703-404-9129

Modern China Trading Ltd.             Gold Sold          $34,116
E-mail: jacqueline.hou@uimax.com

Nordstrom                          Markdown & Adv         $3,800
E-mail: merch.ap@nordstrom.com         Owed

Shred-It USA-New York                Services                $81
E-mail: patrick.gannon@shredit.com

TGF Management Group                 Services               $375
E-mail: susan.guarino@tollgroup.com

Universal Int Max Ltd.               Goods Sold           $1,667
E-mail: jacqueline.hou@uimax.com

Zappos.com Inc.                     Markdown & Adv       $53,250
E-mail: lylong@zappos.com                Owed

B. List of Highline United's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Ash (HK) Ltd                         Goods Sold          $428,610
Unit 1005-06,10/F
Tsim Sha Tsui
Centre(West Wing)
66 Mody Road Tsim
Sha Tsui East
Kowloon Hong Kong, China
jacqueline.hou@uimax.com
Tel: 86 769-83375952

Belk Stores                         Markdown & Adv.       $25,000
E-mail: AP_Correspondenc                 Owed
e@Belk.com

Bergdorf Goodman                    Markdown & Adv.       $45,732
E-mail: vendor_relations@                Owed
neimanmarcus.com

Brand New Day Ltd.                   Goods Sold          $166,099
E-mail: tsmith@brainlabinc.net

Damco Customs Services              Custom Broker         $74,599
E-mail: valerie.camacho@

damco.com

Dillard's                           Markdown & Adv.       $60,063
E-mail: vendor.compliance                Owed
@dillards.com

Fox Rothschild LLP                   Legal Services       $24,549
E-mail: Lbudow@foxrothschild.com

French Connection Group                 Licensor         $203,661
E-mail: johnd@frenchconnection-usa.com

Highline United Asia Ltd.             Goods Sold         $165,251
E-mail: jacqueline.hou@uimax.com

Interpacific Hong Kong Brand          Goods Sold          $33,922
Ltd.
E-mail: jc@ipcla.com

JS Internationall Macao               Goods Sold      $14,520,398
Offshore Ltd.
16/F Flat A
Praia Grande
Commercial Center
No. 429 Praia
Grande Road
Macao China
E-mail: jacqueline.hou@uimax.com

Kenneth Horowitz                       Severance         $312,500
50 Fir Drive
Roslyn, NY 11576
kenny@bagstudionyc.com
Tel: 917-865-2724

Lord and Taylor                      Markdown & Adv.     $114,500
E-mail: AP.Helpdesk@lord                 Owed
andtaylor.com

Macys Inc - Parent AP                Markdown & Adv.     $125,000  

                                        Owed

Neiman Marcus Parent Comp            Markdown & Adv.      $51,174
E-mail: neimanmarcus.com                 owed

Nordstrom                            Markdown & Adv.      $11,800
E-mail:merch.ap@nordstrom.com             Owed

Sole Commerce/AdvanStar                Trade Debt         $12,400
E-mail: shannon.golliher@ubm.com

Tan Holding Corporation                  Rent             $69,400

Universal Int Max Ltd.               Goods Sold        $1,373,547
Salisbury Road 86 769-83375952
Tsim Sha Tsui
Kowloon Hong Kong, China
E-mail: jacqueline.hou@ui         
max.com

Von Maur                             Markdown & Adv.      $26,100
E-mail: jblack@vonmaur.com               Owed


MOTORS LIQUIDATION: Chenaults' State Court Suit Violates Stay
-------------------------------------------------------------
Judge Martin Glenn of the United States Bankruptcy Court for the
Southern District of New York denied the motion filed by Marlos L.
Chenault and Shayrika L. Chenault for determination of
applicability of automatic stay.

The Chenaults sought an order determining that the automatic stay
does not apply to the product liability claims that they are
asserting against General Motors LLC ("New GM") in the case styled
Chenault v. Continental AG, et al., No. 12EV016009J, State Court of
Fulton County, Georgia.

Judge Glenn denied the Chenaults' motion.  The judge held that New
GM is not a successor in interest to General Motors Corporation
("Old GM"), that it is a completely separate legal entity from Old
GM, and that New GM did not assume liability for the plaintiffs'
claims.  Judge Glenn concluded that the filing of the Chenaults'
state court claims against Old GM violated the automatic stay.

The case is In re: MOTORS LIQUIDATION COMPANY, et al., f/k/a
General Motors Corp., et al., Debtors, Case No. 09-50026 (MG)
Jointly Administered (Bankr. S.D.N.Y.).

A full-text copy of Judge Glenn's April 15, 2016 memorandum opinion
and order is available at http://is.gd/38PewRfrom Leagle.com.

Motors Liquidation Company, Debtor, represented by Donald F. Baty,
Jr. -- dbaty@honigman.com -- Honigman Miller Schwartz and Cohn,
LLP, David R. Berz, Weil Gotshal & Manges, LLP, Judy B. Calton --
jcalton@honigman.com -- Honigman Miller Schwartz & Cohn,
LLP,Stephen Karotkin -- stephen.karotkin@weil.com -- Weil, Gotshal
& Manges LLP, Deborah Kovsky-Apap -- kovskyd@pepperlaw.com --
Pepper Hamilton LLP, Robert J. Lemons -- robert.lemons@weil.com --
Weil Gotshal & Manges, LLP, Harvey R. Miller, Weil, Gotshal &
Manges, LLP, Daniel R. Murray -- dmurray@jenner.com -- Jenner &
Block, LLP, Joseph R. Sgroi -- jsgroi@honigman.com -- Honigman
Miller Schwartz and Cohn LLP, Tricia A. Sherick --
tsherick@honigman.com -- Honigman Miller Schwartz and Cohn, LLP,
Joseph H. Smolinsky -- joseph.smolinsky@weil.com -- Weil, Gotshal &
Manges LLP, Patrick J. Trostle -- ptrostle@jenner.com -- Jenner &
Block LLP, Robert B. Weiss, Honigman Miller Schwartz & Cohn, LLP.

William D. Pilgrim, et al., Plaintiff, represented by Andre E.
Jardini -- aej@kpclegal.com -- Knapp, Petersen & Clarke.

Wilmington Trust Company, Trustee, represented by Lisa H. Rubin --
lrubin@gibsondunn.com -- Gibson Dunn & Crutcher LLP, Aric Wu,
Gibson -- awu@gibsondunn.com -- Dunn & Crutcher LLP.

United States Trustee, U.S. Trustee, represented by Brian Shoichi
Masumoto, Office of the United States Trustee Andrea B. Schwartz,
Dept. of Justice - Office of the U.S. Trustee Andrew D.
Velez-Rivera, Office of the U.S. Trustee.

GCG, Inc. Claims Agent, Claims and Noticing Agent, represented by
Angela Ferrante, Garden City Group, LLC, Jeffrey S. Stein, The
Garden City Group, Inc..

Official Committee of Unsecured Creditors of General Motors
Corporation, Creditor Committee, represented by Philip Bentley --
pbentley@kramerlevin.com -- Kramer, Levin, Naftalis & Frankel, LLP,
David E. Blabey -- dblabey@kramerlevin.com -- Kramer Levin Naftalis
& Frankel LLP, Amy Caton -- acaton@kramerlevin.com -- Kramer Levin
Naftalis & Frankel, LLP, Eric Fisher, Dickstein Shapiro LLP, Lauren
Macksoud, Kramer Levin LLP, Thomas Moers Mayer --
tmayer@kramerlevin.com -- Kramer Levin Naftalis & Frankel, LLP,
Gordon Z. Novod, Kramer Levin Naftalis & Frankel LLP, Gregory G.
Plotko -- gplotko@kramerlevin.com -- Kramer Levin Naftalis &
Frankel LLP, Adam C. Rogoff -- arogoff@kramerlevin.com -- Kramer
Levin Naftalis & Frankel LLP, Robert T. Schmidt --
rschmidt@kramerlevin.com -- Kramer, Levin, Naftalis & Frankel, LLP,
Jennifer Sharret -- jsharret@kramerlevin.com -- Kramer Levin
Naftalis & Frankel LLP.

          About Motors Liquidation

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

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

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

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

As of June 30, 2015, Motors Liquidation had $860 million in total
assets, $74 million in total liabilities and $786 million in net
assets in liquidation.


MUSCLEPHARM CORP: Amends 2015 Annual Report
-------------------------------------------
MusclePharm Corporation filed an amendment to its annual report on
Form 10-K for the year ended Dec. 31, 2015, solely for the purpose
of including the information required by Part III of Form 10-K.
Such information was previously omitted from the Original 10-K
Filing in reliance on General Instruction G(3) to Form 10-K, which
permits the information to be incorporated in the Form 10-K by
reference to its definitive proxy statement for the 2016 Annual
Meeting of Stockholders if such proxy statement is filed no later
than 120 days after the Company's fiscal year end.

Part III contains information about:

Item 10. Directors, Executive Officers and Corporate Governance   


Item 11. Executive Compensation     

Item 12. Security Ownership of Certain Beneficial Owners and
         Management and Related Stockholder Matters     

Item 13. Certain Relationships and Related Transactions, and
         Director Independence     

Item 14. Principal Accounting Fees and Services

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

                       http://is.gd/A2HzSV

                        About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTC BB: MSLP) -- http://www.muslepharm.com/-- is a healthy life-
style company that develops and manufactures a full line of
National Science Foundation approved nutritional supplements that
are 100 percent free of banned substances.  MusclePharm is sold in
over 120 countries and available in over 5,000 U.S. retail
outlets, including GNC and Vitamin Shoppe.  MusclePharm products
are also sold in over 100 online stores, including
bodybuilding.com, Amazon.com and Vitacost.com.

MusclePharm Corporation reported a net loss of $13.8 million in
2014, a net loss of $17.7 million in 2013 and a net loss of $19
million in 2012.

As of Sept. 30, 2015, the Company had $62.2 million in total
assets, $67.8 million in total liabilities and a $5.54 million
total stockholders' deficit.


NEIMAN MARCUS: Bank Debt Trades at 5% Off
-----------------------------------------
Participations in a syndicated loan under which Neiman Marcus Group
Inc. is a borrower traded in the secondary market at 95.19
cents-on-the-dollar during the week ended Friday, April 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.11 percentage points from the
previous week.  Neiman Marcus Group Inc. pays 300 basis points
above LIBOR to borrow under the $2.9 billion facility. The bank
loan matures on Feb. 17, 2021 and carries Moody's Caa2 rating and
Standard & Poor's B- rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended April 29.


NEPHROGENEX INC: Meeting to Form Creditors' Panel Set for May 12
----------------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, will hold an
organizational meeting on May 12, 2016, at 10:00 a.m. in the
bankruptcy case of NephroGenex, Inc.

The meeting will be held at:

         Sheraton Suites Wilmington Downtown
         422 Delaware Ave.
         Wilmington, DE 19801

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.



NEWBURY COMMON: Stay Must be Lifted, U.S. Bank Insists
------------------------------------------------------
Lender U.S. Bank National Association filed with the U.S.
Bankruptcy Court for the District of Delaware its reply to Newbury
Common Associates, LLC, et al.'s objection to the Lender's motion
for relief from the automatic stay pursuant to Sections 362 and 553
of the United States Bankruptcy Code.

The Lender is the Trustee for the Registered Holders of Greenwich
Capital Commercial Funding Corp., Commercial Mortgage Trust
2007-GG9, Commercial Mortgage Pass-Through Certificates, Series
2007-GG9.  Debtor 300 Main Street Associates, LLC is indebted to
the Lender, as memorialized in a series of commercial mortgage loan
documents.  The outstanding principal balance of the Loan is
$11,500,000.

The Objection of Debtor 300 Main Street Associates, LLP, to the
Motion contains one basic argument -- the Lender should be
compelled to wait and see what happens in the sale process, Kate
Roggio Buck, Esq., McCarter & English, LLP, in Wilmington, Delaware
-- kbuck@mccarter.com -- tells the Court.  She contends that the
Debtor makes this argument without presenting any evidence to the
Court of the likely results of an imminent sale or in rebuttal to
the evidence presented by the Lender as to the value of the
property and the amount of the debt.

Ms. Buck further asserts that the Debtor's argument ignores the
Congressional intent of Section 362(d)(3) of the Bankruptcy Code
and deprives the Lender of the protections afforded a secured party
in a single asset real estate proceeding.  Accordingly, she points
out, the Debtor's objection has no merit and the Lender's Motion
should be granted.

The Lender is represented by:

          Kate Roggio Buck, Esq.
          McCARTER & ENGLISH, LLP
          Renaissance Centre
          405 N. King Street, 8th Floor
          Wilmington, DE 19801
          Telephone: (302) 984-6300
          Facsimile: (302) 984-6399
          E-mail: kbuck@mccarter.com

                 About Newbury Common Associates

Newbury Common Associates, LLC, et al., comprise a corporate
enterprise that owns a diverse portfolio of high quality,
distinctive commercial, hospitality and residential properties with
an aggregate of approximately 800,000 square feet located primarily
in Stamford, Connecticut.

On Dec. 13, 2015, Newbury Common Associates, LLC, and 13 affiliates
each commenced a voluntary case (Bankr. D. Del. Lead Case No.
15-12507) under chapter 11 of the Bankruptcy Code, and on Dec. 14,
Tag Forest LLC commenced a Chapter 11 case (collectively, "Original
Debtors").  On Feb. 3, 2016, Newbury Common Member Associates, LLC
and 8 affiliates commenced a voluntary case under chapter 11 of the
Bankruptcy Code; and then on Feb. 4, 88 Hamilton Avenue Associates,
LLC filed a Chapter 11 petition (collectively "Additional
Debtors").

Seaboard Realty, LLC, its principals or entities it manages serve
as the manager under the operating agreements for each of the
Debtors and is owned 50% by John J. DiMenna, Jr., 25% by Thomas L.
Kelly, Jr. and 25% by William A. Merritt, Jr.  The Original Debtors
other than Seaboard Residential, LLC, Tag, and Newbury Common
Associates, LLC, are holding companies whose assets are
substantially comprised of the equity of the Property Owner
Debtors.  The Debtors' eight operating property are owned by the
"Property Owner Debtors", namely Century Plaza Investor Associates,
LLC; Seaboard Hotel Associates, LLC; Seaboard Hotel LTS Associates,
LLC; Park Square West Associates, LLC; Clocktower Close Associates,
LLC; One Atlantic Investor Associates, LLC; 88 Hamilton Avenue
Associates, LLC; 220 Elm Street I, LLC; 300 Main Street Associates,
LLC; and Seaboard Residential, LLC.

The Original Debtors' chapter 11 cases are being jointly
administered pursuant to an order entered Dec. 18, 2015.  The
Debtors later won approval of a supplemental motion seeking joint
administration of the Additional Debtors' Chapter 11 cases with the
cases of the Original Debtors for procedural purposes only.

As of Jan. 7, 2016, the Debtors had incurred purported aggregate
funded secured indebtedness of approximately $177.2 million in
principal, including approximately $150.4 million of property-level
secured debt and approximately $26.8 million of purported and
allegedly unauthorized mezzanine debt.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and
Dechert LLP as attorneys, and Donlin Recano as claims and noticing
agent.


NEWBURY COMMON: U.S. Bank Opposes Bid to Hire Real Estate Brokers
-----------------------------------------------------------------
Lender U.S. Bank National Association filed with the U.S.
Bankruptcy Court for the District of Delaware its objection to
Newbury Common Associates, LLC, et al.'s application to employ
Keen-Summit Capital Partners LLC, Savills Studley, Inc., and FTI
Consulting Realty LLC as real estate brokers, nunc pro tunc to
March 31, 2016.

The Lender is the Trustee for the Registered Holders of Greenwich
Capital Commercial Funding Corp., Commercial Mortgage Trust
2007-GG9, Commercial Mortgage Pass-Through Certificates, Series
2007-GG9.  Debtor 300 Main Street Associates, LLC is indebted to
the Lender, as memorialized in a series of commercial mortgage loan
documents.  The outstanding principal balance of the Loan is
$11,500,000.

Repayment of the Loan is secured by a mortgage on a commercial
office building commonly known as 300 Main Street, in Stamford,
Connecticut.  Pursuant to the terms of the mortgage, the Lender
holds an absolute assignment of rents, issues and profits from the
300 Main Property.

As acknowledged by 300 Main in its First Day Motion, the Rents
constitute the Lender's cash collateral, Kate Roggio Buck, Esq.,
McCarter & English, LLP, in Wilmington, Delaware --
kbuck@mccarter.com -- tells the Court.  The scope of 300 Main's
ability to use the Rents is the subject of various cash collateral
motions in this proceeding.  The Lender consistently has objected
to the Debtors' proposed use of the Rents other than for direct
expenses related to the operation and maintenance of the 300 Main
Property.

As an initial matter, the Lender objects to any payments or
proposed payments from the Rents or from the proceeds of the sale
of the 300 Main Property to any third party prior to payment in
full of the Loan.  Ms. Buck notes that this includes any Section
506(c) surcharge as the sale process is not for the benefit of the
Lender.

The Lender objects to the Broker Motion for two additional
reasons:

   (1) the Credit Bid Fee of $50,000 should be stricken.  The
       Broker seeks a Credit Bid Fee if "the mortgagee of any
       Real Property acquires such Property by means of a credit
       bid."  Pursuant to Section 363(k) of the Bankruptcy Code,
       a secured creditor has an absolute right to credit bid at
       a sale of its collateral and the Bankruptcy Code does not
       impose a fee on the creditor for exercising that right.
       Therefore, there is no basis for imposing the Credit Bid
       Fee in this case; and

   (2) the Lender objects to the Broker Motion to the extent it
       seeks to surcharge the Lender or the 300 Main Property
       for:

       * Litigation Support and Resulting Consulting Services;

       * the Marketing Fee payable in connection with a sale to
         the Stalking Horse bidder; and

       * for Expenses.

       Once again, the Debtors are not abiding by the corporate
       separateness of the affiliated entities.  The Lender and
       its collateral, the 300 Main Property and the Rents,
       should not bear the expense of the Debtors' sale process,
       especially because this entire process is solely for the
       benefit of creditors, equity holders or other parties in
       interest who will be receiving the benefit of any excess
       sale proceeds.

To the extent the Debtors and the Broker seek to recover any
compensation from the Lender or its collateral over the Lender's
objection, the Debtors and the Broker must bear the burden of
presenting accurate records and proofs specific to each property so
support the requested fees, Ms. Buck contends.  As such, she
asserts, aggregate record keeping is unacceptable.  She insists
that the Broker should be required to maintain records on a project
by project basis.

The Lender is represented by:

          Kate Roggio Buck, Esq.
          McCARTER & ENGLISH, LLP
          405 N. King Street, 8th Floor
          Wilmington, DE 19801
          Telephone: (302) 984-6300
          E-mail: kbuck@mccarter.com

               - and -

          Joseph Lubertazzi, Jr. Esq.
          McCARTER & ENGLISH, LLP
          Four Gateway Center
          100 Mulberry Street
          Newark, NJ 07102
          Telephone: (973) 639-2082
          E-mail: jlubertazzi@mccarter.com

                 About Newbury Common Associates

Newbury Common Associates, LLC, et al., comprise a corporate
enterprise that owns a diverse portfolio of high quality,
distinctive commercial, hospitality and residential properties with
an aggregate of approximately 800,000 square feet located primarily
in Stamford, Connecticut.

On Dec. 13, 2015, Newbury Common Associates, LLC, and 13 affiliates
each commenced a voluntary case (Bankr. D. Del. Lead Case No.
15-12507) under chapter 11 of the Bankruptcy Code, and on Dec. 14,
Tag Forest LLC commenced a Chapter 11 case (collectively, "Original
Debtors").  On Feb. 3, 2016, Newbury Common Member Associates, LLC
and 8 affiliates commenced a voluntary case under chapter 11 of the
Bankruptcy Code; and then on Feb. 4, 88 Hamilton Avenue Associates,
LLC filed a Chapter 11 petition (collectively "Additional
Debtors").

Seaboard Realty, LLC, its principals or entities it manages serve
as the manager under the operating agreements for each of the
Debtors and is owned 50% by John J. DiMenna, Jr., 25% by Thomas L.
Kelly, Jr. and 25% by William A. Merritt, Jr.  The Original Debtors
other than Seaboard Residential, LLC, Tag, and Newbury Common
Associates, LLC, are holding companies whose assets are
substantially comprised of the equity of the Property Owner
Debtors.  The Debtors' eight operating property are owned by the
"Property Owner Debtors", namely Century Plaza Investor Associates,
LLC; Seaboard Hotel Associates, LLC; Seaboard Hotel LTS Associates,
LLC; Park Square West Associates, LLC; Clocktower Close Associates,
LLC; One Atlantic Investor Associates, LLC; 88 Hamilton Avenue
Associates, LLC; 220 Elm Street I, LLC; 300 Main Street Associates,
LLC; and Seaboard Residential, LLC.

The Original Debtors' chapter 11 cases are being jointly
administered pursuant to an order entered Dec. 18, 2015.  The
Debtors later won approval of a supplemental motion seeking joint
administration of the Additional Debtors' Chapter 11 cases with the
cases of the Original Debtors for procedural purposes only.

As of Jan. 7, 2016, the Debtors had incurred purported aggregate
funded secured indebtedness of approximately $177.2 million in
principal, including approximately $150.4 million of property-level
secured debt and approximately $26.8 million of purported and
allegedly unauthorized mezzanine debt.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and
Dechert LLP as attorneys, and Donlin Recano as claims and noticing
agent.


NORFE GROUP: Asks Court to Junk PRAPI's Lift Stay Motion
--------------------------------------------------------
Norfe Group Corp. asks the U.S. Bankruptcy Court for the District
of Puerto Rico for an urgent order to dismiss motion for relief
from the automatic stay filed by PR Asset Portfolio 2013-1
International Sub I, LLC.

PRAPI is a secured and judgment creditor of the Debtor.  On March
15, 2016, PRAPI filed the Relief Motion, without including any
appraisal report to be used during the hearing on the Relief
Motion, as required by Local Bankruptcy Rule 4001-1(d).

The Debtor subsequently filed its objection to the Relief Motion
and PRAPI filed a motion for leave to file a reply to the Urgent
Motion.  The Court granted the Motion for Leave and PRAPI filed the
Reply, including an appraisal report prepared by McCloskey, Mulet &
Bonnin Appraisers, P.S.C.

Mohammad Saleh Yassin, Esq., at Charles A. Cuprill, P.S.C., Law
Offices, in San Juan, Puerto Rico -- m.yassin@cuprill.com --
contends that the Relief Motion should be summarily denied since it
is procedurally defective, failing to include the Appraisal Report
as required by LBR 4001-1(d).  He adds that PRAPI also failed to
comply with LBR 4001-1(c)'s notification requirements, rendering
the same procedurally defective since it failed to include the
Appraisal Report in its mailing of March 17, 2016, depriving the
parties listed in LBR 4001-1(c) of adequate notice.

As provided for in Local Bankruptcy Rule 9013–1 (a), the Debtor
has carefully examined the matter set forth herein and has
concluded that there is a true need for the dispositions on an
expedited basis, that the Debtor has not created the urgency
through any lack of due diligence and has made a bona fide effort
to resolve the matter without a hearing, Mr. Yassin contends.

                      PRAPI Wants to Oppose

PRAPI filed with the Court a notice of intent to oppose the
Debtor's Motion to Dismiss.

Hermann D. Bauer, Esq., at O'Neill & Borges LLC, in San Juan,
Puerto Rico -- hermann.bauer@oneillborges.com -- alleges that the
Motion to Dismiss is the Debtor's most recent the pretextual and
bad-faithed pleading in this bankruptcy case.  He says that PRAPI
has already noted the Debtor's obstruction of discovery.

PRAPI has further noted the Debtor's disregard of this Honorable
Court's Orders and illegal use of cash collateral, Mr. Bauer
asserts.  "Now, Debtor intentionally misuses the extraordinary
remedies set forth in Local Rule 9013-1 for what is an obvious
ordinary pleading, with no significant basis for further
consideration," he contends.

                        About Norfe Group

Norfe Group Corp. filed a Chapter 11 bankruptcy petition (Bankr.
D.P.R. Case No. 16-00285) in Old San Juan, Puerto Rico, on Jan. 20,
2016.  The petition was signed by David Efron, president.

The firm scheduled $17,269,436 in total assets and $31,441,591 in
total liabilities.

The Debtor tapped Charles Alfred Cuprill, Esq., at Charles A
Cuprill, PSC Law Office, as counsel.  CPA Luis R. Carrasquillo &
Co., P.S.C., serves as financial consultant.


NORFE GROUP: Court Allows Use of Estate Property
------------------------------------------------
Judge Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico granted Norfe Group Corp.'s urgent motion
for use of property of the estate and adequate protection, subject
to no oppositions being filed.

According to the order, if an objection is timely filed, a hearing
will be scheduled on this matter on May 10, 2016, at 9:00 a.m.

                          PRAPI Objects

PR Asset Portfolio 2013-1 International Sub I, LLC, a secured and
judgment creditor, objects to the Debtor's the Cash Collateral
Motion.

The Debtor is the proprietor and operator of a certain real estate
located in San Juan, Puerto Rico.  This Real Estate Collateral
generates rents, which are the Cash Collateral of PRAPI.

PRAPI argues, among other things, that the Cash Collateral Motion
is yet another chapter in the Debtor's continuing efforts to delay
the resolution of this matter.  PRAPI adds that the motion was
filed in clear disregard of this Court's Order approving PRAPI's
Motion to Prohibit Cash Collateral, which Prohibition Order, in
turn, was predicated on PRAPI's liens over the Rents generated by
the Real Estate Collateral.

The foregoing underscores the pretextual and bad-faithed nature of
the Debtor's belated challenge to PRAPI's liens on the Rents, which
matters should have been raised before this Court by the March 7,
2016 deadline and were not, and whose inaction constitutes an
express waiver of any and all objections over PRAPI's Cash
Collateral, according to the objection.

PRAPI is represented by:

          Hermann D. Bauer, Esq.
          Nayuan Zouairabani, Esq.
          O'NEILL & BORGES LLC
          American International Plaza
          250 Munoz Rivera Avenue, Suite 800
          San Juan, PR 00918-1813
          Telephone: (787) 764-8181
          Facsimile: (787) 753-8944
          E-mail: hermann.bauer@oneillborges.com
                  nayuan.zouairabani@oneillborges.com

                        About Norfe Group

Norfe Group Corp. filed a Chapter 11 bankruptcy petition (Bankr.
D.P.R. Case No. 16-00285) in Old San Juan, Puerto Rico, on Jan. 20,
2016.  The petition was signed by David Efron, president.

The firm scheduled $17,269,436 in total assets and $31,441,591 in
total liabilities.

The Debtor tapped Charles Alfred Cuprill, Esq., at Charles A
Cuprill, PSC Law Office, as counsel.  CPA Luis R. Carrasquillo &
Co., P.S.C., serves as financial consultant.


NORTEL NETWORKS: U.S. Challenge Shut Down by Canadian Court
-----------------------------------------------------------
Peg Brickley, writing for Dow Jones' Daily Bankruptcy Review,
reported that a Canadian court has shut down a legal challenge by
Nortel Networks Corp.'s U.S. unit to a ruling on how to divide some
$7.3 billion raised in the defunct telecommunications giant's
international bankruptcy.

According to the report, the decision from the Court of Appeal for
Ontario closed off the avenue of appeal in Canada to Nortel's U.S.
unit and its creditors, including bondholders unhappy with rulings
last year from U.S. and Canadian courts that set out a formula for
sharing the money.

"Consistent allocation decisions have been issued by the Canadian
and U.S. courts.  A further appeal proceeding in Canada would
achieve nothing but more delay, greater expense and an erosion of
creditor recoveries," the appeals court judges wrote, the report
related.

An appeal continues in the U.S., where Nortel's U.S. division and
creditors hope to upset a decision they say wasn't founded in law
or justified by the facts of the case, the report further related.

A lawyer for Nortel U.S. creditors said he hadn't yet discussed
with his clients the decision denying them permission to appeal,
the report noted.

                       About Nortel Networks

Headquartered in Ontario, Canada, Nortel Networks Corporation and
its various affiliated entities provided next-generation
technologies, for both service provider and enterprise networks,
support multimedia and business-critical applications.  Nortel did
Networks Limited was the principal direct operating subsidiary of
Nortel Networks Corporation.

On Jan. 14, 2009, Nortel Networks Inc.'s ultimate corporate parent
Nortel Networks Corporation, NNI's direct corporate parent Nortel
Networks Limited and certain of their Canadian affiliates commenced
a proceeding with the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act (Canada) seeking relief from
their creditors.  Ernst & Young was appointed to serve as monitor
and foreign representative of the Canadian Nortel Group.  That same
day, the Monitor sought recognition of the CCAA Proceedings in U.S.
Bankruptcy Court (Bankr. D. Del. Case No. 09-10164) under Chapter
15 of the U.S. Bankruptcy Code.

That same day, NNI and certain of its affiliated U.S. entities
filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 09-10138).

In addition, the High Court of England and Wales placed 19 of NNI's
European affiliates into administration under the control of
individuals from Ernst & Young LLP.  Other Nortel affiliates have
commenced and in the future may commence additional creditor
protection, insolvency and dissolution proceedings around the
world.

On May 28, 2009, at the request of administrators, the Commercial
Court of Versailles, France, ordered the commencement of secondary
proceedings in respect of Nortel Networks S.A.  On June 8, 2009,
Nortel Networks UK Limited filed petitions in U.S. Bankruptcy Court
for recognition of the English Proceedings as foreign main
proceedings under Chapter 15.

U.S. Bankruptcy Judge Kevin Gross presides over the Chapter 11 and
15 cases.  Mary Caloway, Esq., and Peter James Duhig, Esq., at
Buchanan Ingersoll & Rooney PC, in Wilmington, Delaware, serves as
Chapter 15 petitioner's counsel.

In the Chapter 11 case, James L. Bromley, Esq., and Howard S.
Zelbo, Esq., at Cleary Gottlieb Steen & Hamilton, LLP, in New York,
serve as the U.S. Debtors' general bankruptcy counsel; Derek C.
Abbott, Esq., at Morris Nichols Arsht & Tunnell LLP, in Wilmington,
serves as Delaware counsel.  The Chapter 11 Debtors' other
professionals are Lazard Freres & Co. LLC as financial advisors;
and Epiq Bankruptcy Solutions LLC as claims and notice agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in respect of the U.S. Debtors.

An ad hoc group of bondholders also was organized.  An Official
Committee of Retired Employees and the Official Committee of
Long-Term Disability Participants tapped Alvarez & Marsal
Healthcare Industry Group as financial advisor.  The Retiree
Committee is represented by McCarter & English LLP as Delaware
counsel, and Togut Segal & Segal serves as the Retiree Committee.
The Committee retained Alvarez & Marsal Healthcare Industry Group
as financial advisor, and Kurtzman Carson Consultants LLC as its
communications agent.

Several entities, particularly, Nortel Government Solutions
Incorporated and Nortel Networks (CALA) Inc., have material
operations and are not part of the bankruptcy proceedings.

As of Sept. 30, 2008, Nortel Networks Corp. reported consolidated
assets of $11.6 billion and consolidated liabilities of $11.8
billion.  The Nortel Companies' U.S. businesses are primarily
conducted through Nortel Networks Inc., which is the parent of
majority of the U.S. Nortel Companies.  As of Sept. 30, 2008, NNI
had assets of about $9 billion and liabilities of $3.2 billion,
which do not include NNI's guarantee of some or all of the Nortel
Companies' about $4.2 billion of unsecured public debt.

Since the commencement of the various insolvency proceedings,
Nortel has sold its business units and other assets to various
purchasers.  Nortel has collected roughly $9 billion for
distribution to creditors.  Of the total, $4.5 billion came from
the sale of Nortel's patent portfolio to Rockstar Bidco, a
consortium consisting of Apple Inc., EMC Corporation,
Telefonaktiebolaget LM Ericsson, Microsoft Corp., Research In
Motion Limited, and Sony Corporation.  The consortium defeated a
$900 million stalking horse bid by Google Inc. at an auction.  The
deal closed in July 2011.

Nortel has filed a proposed plan of liquidation in the U.S.
Bankruptcy Court.  The Plan generally provides for full payment on
secured claims with other distributions going in accordance with
the priorities in bankruptcy law.

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.  Justice Frank Newbould
of the Ontario Superior Court of Justice in Toronto and Judge Kevin
Gross of the U.S. Bankruptcy Court in Wilmington, Del., agreed on
the outcome: a modified pro rata split of the money.


OUTER HARBOR: Insists Gibson Dunn Has Expertise in NLRB Action
--------------------------------------------------------------
Outer Harbor Terminal, LLC, filed with the U.S. Bankruptcy Court
for the District of Delaware its reply to the objection of IAM & AW
District Lodge No. 190 and East Bay Automotive Machinists Local
Lodge No. 1546 to the Debtor's application to employ Gibson, Dunn &
Crutcher LLP as special counsel.

The Debtor seeks to employ a special counsel in connection with the
"unfair labor practice" proceeding filed against the Debtor by the
National Labor Relations Board on July 30, 2013.

Mark D. Collins, Esq., at Richards, Layton & Finger, P.A., in
Wilmington, Delaware -- collins@rlf.com -- contends that it cannot
be disputed that the Debtor is well within its rights to seek to
employ competent counsel to defend it in the pending NLRB Action.
Thus, he argues, it smacks of bad faith for the IAM -- the alleged
aggrieved party which filed the complaint that triggered the NLRB
Action -- to dispute or seek to interfere with the Debtor's ability
to retain Gibson Dunn as it special labor counsel to defend itself
in the NLRB Action.

Tellingly, Mr. Collins says, nowhere in the Objection does the IAM
dispute that Gibson Dunn is wholly qualified to defend the Debtor
in the NLRB Action.  He explains that as more fully described in
the Gibson Application, the Debtor believes that Gibson Dunn, the
firm which has represented the Debtor in the NLRB Action since July
2013, has the requisite qualifications, expertise and experience
that make it best-suited to represent the Debtor in the NLRB Action
during the pendency of this Chapter 11 case.

                   About Outer Harbor Terminal

Outer Harbor Terminal, LLC -- aka Ports America Outer Terminal,
LLC, PAOH, and PAOHT -- is an Oakland, California-based port
operator. It is a joint venture between Ports America and Terminal
Investment Ltd.

Outer Harbor is winding down operations.  Ports America is leaving
Oakland to concentrate its investments in other terminals that the
company operates in Tacoma, Los Angeles-Long Beach, New York-New
Jersey and Baltimore.

Oakland, California-based port operator Outer Harbor Terminal, LLC
filed for Chapter 11 protection (Bankr. D. Del. Case No. 16-10283)
on Feb. 1, 2016.  The petition was signed by Heather Stack, chief
financial officer.  The Hon. Laurie Selber Silverstein is the case
judge.

The Debtor scheduled $103 million in assets and $370 million in
debt.

Milbank, Tweed, Hadley & Mccloy LLP is the Debtor's general
counsel.  Mark D. Collins, Esq., at Richards, Layton & Finger, P.A.
serves as its Delaware counsel.  Prime Clerk LLC is the claims and
noticing agent.


PACIFIC EXPLORATION: PwC Named as CCAA Monitor
----------------------------------------------
Pacific Exploration & Production Corporation and its affiliates
obtained an order from the Ontario Superior Court of Justice
Commercial List pursuant to the Companies' Creditors Arrangement
Act under Court file No. CV-16-11363-00CL.  Under the initial
order, PricewaterhouseCoopers Inc. was appointed as monitor of the
companies.

A copy of the initial order and other public information in respect
of the CCAA proceedings are available at
http://www.pwc.com/ca/pacificor may be obtained by contacting:

   PricewaterhouseCoopers Inc.
   Monitor of Pacific Exploration & Production Corporation et al.
   PwC Tower
   18 York Street, Suite 2600
   Toronto, ON M5 0B2
   Attention: Tammy Muradova
   Email: cmt_processing@ca.pwc.com
   Canada/US: +1 844 855 8568
   Colombia: 01 800 518 2167
   Local US: +1 503 520 4469

              About Pacific Exploration & Production

Pacific Exploration & Production Corp. is a Canadian public
company
and a leading explorer and producer of natural gas and crude oil,
with operations focused in Latin America.  The Company has a
diversified portfolio of assets with interests in more than 70
exploration and production blocks in various countries including
Colombia, Peru, Guatemala, Brazil, Guyana and Belize. The
Company's
strategy is focused on sustainable growth in production & reserves
and cash generation.


PALADIN ENERGY: Hires Munsch Hardt Kopf & Harr as Attorneys
-----------------------------------------------------------
Paladin Energy Corp., seeks permission from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Munsch Hardt
Kopf & Harr, P.C. as Attorneys for Debtor-in-Possession.

The Debtor requires Munsch Hardt to:

     a. serve as attorneys of record for the Debtor in all aspects,
to include any adversary proceedings commenced in connection with
the Bankruptcy Case and to provide representation and legal advice
to the Debtor throughout the Bankruptcy Case;

     b. assist the Debtor in carrying out its duties under the
Bankruptcy Code, including advising the Debtor of such duties, its
obligation, and its legal rights;

     c. consult with the United States Trustee, any statutory
committee that may be formed, and all other creditors and
parties-in-interest concerning administration of the Bankruptcy
Case;

     d. assist in potential sales of the Debtor's assets;

     e. prepare on behalf of the Debtor all motions, applications,
answer, orders, reports, and other legal papers and documents to
further the Estate's interest and objectives, and to assist the
Debtor in the preparation of schedules, statements, and reports,
and to represent the Debtor and the Estate at all related hearings
and at all related meetings of creditors, US Trustee interviews,
and the like;

     f. assist the Debtor in connection with formulation and
confirming a Chapter 11 plan;

     g. assist the Debtor in analyzing and appropriately treating
the claims of creditors;

     h. appear before this Court and any appellate courts or other
courts having jurisdiction over any matter associated with the
Bankruptcy Case; and

     i. perform all other legal services and provide all other
legal advice to the Debtor as may be required or deemed to be in
the interest of the Estate in accordance with the Debtor's powers
and duties as set forth in the Bankruptcy Code.

Munsch Hardt hourly rates range from $750 for shareholders with the
billings rate, to $180 for paralegals with the lowest billing
rates.

Munsch Hardt's rate for the attorneys and paralegals who will most
likely be working on the Bankruptcy Case are:

   Davor Rukavina, Shareholder       $425/hour (reduced
                                          from $450)
   Edward Clarkson, Associate        $320/hour

Munsch Hardt rates are subject to periodic adjustment (normally at
year-end) to reflect economic, experience, and other similar
factors.

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

Davor Rukavina, Esq., shareholder of Munsch Hardt, 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.

Munsch Hardt can be reached at:
  
       Davor Rukavina
       MUNSCH HARDT KOPF & HARR, P.C.
       3800 Lincoln Plaza
       500 N. Akard Street
       Dallas, TX 75201
       Telephone: (214)855-7587
       Facsimile: (214)978-5359


PASSAIC HEALTHCARE: $550K Sale of All Assets to MedStar Approved
----------------------------------------------------------------
Judge Christine M. Gravelle on April 27, 2016, entered an order
authorizing Passaic Healthcare Services, LLC, d/b/a Allcare
Medical, et al., to sell substantially all of their assets to
MedStar Surgical & Breathing Equipment, Inc., for $550,000.

According to the Sale Order, the Debtors do not have authority to
sell or otherwise transfer any equipment owned by LifeGas, a
division of Linde Gas North America, LLC, and no such equipment
owned by LifeGas will be included in the assets sold by the
Debtors.

A copy of the Sale Order is available at:

      http://bankrupt.com/misc/Passaic_466_Sale_Ord.pdf

As reported in the April 25, 2016 edition of the TCR, the pertinent
provisions of the Asset Purchase Agreement are as follows:

   a. The Parties have agreed that the remaining balance owed to
MidCap Funding IV Trust which is approximately $1,705,948 remains
in first lien position above the remaining junior creditors, such
that MidCap Funding must be paid in full before any of the other
creditors receive any proceeds from the Debtors' estate, with the
exception of a limited pot of proceeds that are generated from the
sale of the Debtors' durable medical equipment.

   b. The Parties have also agreed that the Buyer will pay a total
of $550,000, of which the Transferred Assets will be sold to the
Buyer free and clear of all existing liens, claims and
encumbrances
for the sum of $525,000 which shall be paid to MidCap, and in
addition to the Sale transaction, and in exchange for a release of
claim, if any, that Essex Capital Corporation or Cornerstone Essex
Leasing Co. LLC could assert against MedStar, MedStar will pay
$25,000 directly to Essex. From its portion of the Sale proceeds,
MidCap has agreed to provide a carve-out in the amount of $75,000
to the Debtors' counsel and Committee's professionals.

   c. Furthermore, the Parties have also stipulated that the
Debtors are solely responsible for the payment of all taxes, if
any, and MedStar will not assume, agree to pay, discharge or
satisfy any debt, liability or obligation of the Debtor.

Passaic Healthcare Services, LLC d/b/a Allcare Medical, et al. are
represented by:

         Joseph J. DiPasquale, Esq.
         Thomas M. Walsh, Esq.
         TRENK, DiPASQUALE, DELLA FERA & SODONO, P.C.
         347 Mt. Pleasant Avenue, Suite 300
         West Orange, NJ 07052
         Telephone: (973) 243-8600
         E-mail: jdipasquale@trenklawfirm.com
                 twalsh@trenklawfirm.com

                     About Passaic Healthcare

Based in Plainview, New York, Passaic Healthcare Services, LLC,
doing business as Allcare Medical, is a full service durable
medical equipment company specializing in clinical respiratory,
wound care and support services.  Passaic, which employs 200
individuals, has seven locations in New Jersey, New York and
Pennsylvania.

Passaic began operations in December 2010 after it acquired
substantially all of the assets of C&C Homecare, Inc., and
Extended
Care Concepts through a bankruptcy sale under 11 U.S.C. Sec. 363.
After acquiring 100% of the equity interests in Galloping Hill
Surgical, LLC, and Allcare Medical SNJ, LLC, Passaic began using
"Allcare Medical" as trade name for its entire business, and
discontinued marketing under the name C&C Homecare.

Passaic Healthcare filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 14-36129) in Trenton, New Jersey, on Dec. 31,
2014.
The case is assigned to Judge Christine M. Gravelle.

Judge Christine M. Gravelle directed that the cases of Passaic
Healthcare Services, LLC, Galloping Hill Surgical LLC, and Allcare
Medical SNJ LLC, are jointly administered with Case No. 14-36129.

The Debtor has tapped Joseph J. DiPasquale, Esq., and Thomas
Michael Walsh, Esq., at Trenk, DiPasquale, Della Fera & Sodono,
P.C., in West Orange, New Jersey, as counsel.

The Debtor disclosed $15,663,665 in assets and $46,734,414 in
liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 3 appointed five creditors to serve on
the Official Committee of Unsecured Creditors.  The Committee
tapped Arent Fox LLP as its counsel, and CBIZ Accounting, Tax &
Advisory of New York, LLC as it financial advisors.


PBS FOODS: Lex. Ave.'s Bid for Relief from Rule 9019 Order Denied
-----------------------------------------------------------------
Judge James L. Garrity, Jr., of the United States Bankruptcy Court
for the Southern District of New York denied the motion filed by
1032-1034 Lex. Ave. Ltd. for relief from the court's previous order
approving a settlement and compromise of all claims asserted in an
adversary proceeding by Yann Geron, as plaintiff and chapter 7
trustee of the debtor's estate, against Holding Capital Group,
Inc., and FP Holdings, LLC.

1032-1034 Lex. Ave. Ltd., the former landlord of PBS Foods, LLC
d/b/a Payard Patisserie & Bistro, filed a motion under Rule 9024 of
the Federal Rules of Bankruptcy Procedure for relief from the Rule
9019 Order, contending that it is in possession of "newly
discovered evidence," which should have been produced by the
Trustee in response to Lex. Ave.'s discovery requests relating to
the Trustee's motion under Bankruptcy Rule 9019 for approval of the
settlement offer and which, if considered by the court, would have
altered the court's decision to approve that motion.  Lex. Ave.
also contended that a review of the contents of the new documents
proves that during the renewed Rule 9019 hearing  the Trustee
mispresented facts to the court.  Lex. Ave. asserted that in the
face of that conduct, and pursuant to Rules 60(b)(2), (3), and (6)
of the Federal Rules of Civil Procedure, made applicable to the
case by Bankruptcy Rule 9024, the court should vacate the Rule 9019
Order.  The Trustee and the defendants opposed Lex. Ave.'s motion.

Judge Garrity stated that the Rule 9019 Order is the subject of a
pending appeal, and, accordingly, the court has no jurisdiction to
grant the motion.  Nonetheless, the judge also stated that under
Bankruptcy Rule 8008(a), the court is authorized to (i) defer
considering the motion, (ii) deny the motion, or (iii) issue an
indicative ruling by stating that the motion raises a substantial
issue or that the court would grant the motion if the district
court remands the matter for that purpose.  

Judge Garrity denied Lex. Ave.'s motion, finding that Lex. Ave. has
not established a right to relief from the Rule 9019 Order.

The case is In re: PBS FOODS, LLC d/b/a PAYARD PATISSERIE & BISTRO,
Chapter 7, Debtor, Case No. 09-15629 (JLG) (Bankr. S.D.N.Y.).

The adversary proceeding is YANN GERON, Chapter 7 Trustee of the
Estate of PBS FOODS, LLC d/b/a/ PAYARD PATISSERIE & BISTRO,
Plaintiff, v. HOLDING CAPITAL GROUP, INC. and FP HOLDINGS, LLC,
Defendants, Adv. Proc. No. 11-02717 (JLG) (Bankr. S.D.N.Y.).

A full-text copy of Judge Garrity's April 8, 2016 memorandum
decision and order is available at http://is.gd/oyHYO6from
Leagle.com.

PBS Foods, LLC d/b/a Payard Patisserie & Bistro is represented by:

          Nancy Lynne Kourland, Esq.
          ROSEN & ASSOCIATES, P.C.
          747 Third Avenue
          New York, NY 10017-2803
          Tel: (212)223-1100
          Fax: (212)223-1102
          Email: nkourland@rosenpc.com

            -- and --

          John I. O'Neill, Esq.
          BLEAKLEY PLATT & SCHMIDT, LLP
          One North Lexington Avenue
          White Plains, NY 10601
          Tel: (914)949-2700
          Fax: (914)683-6956
          Email: joneill@bpslaw.com


PENN VIRGINIA: Tells SEC Bankruptcy Filing "Highly Likely"
----------------------------------------------------------
Andrew Maykuth, writing for The Philadelphia Inquirer, reported
that Penn Virginia Corp., the embattled Radnor oil and gas
producer, stated on April 29 in a U.S. Securities and Exchange
Commission filing that it is "highly likely" it will seek Chapter
11 bankruptcy protection to restructure $1.2 billion in debt.

According to the report, the company, which is among many U.S. oil
and gas producers in financial trouble because of low energy
prices, acknowledged in its first-quarter earnings report that it
is in default under its revolving credit agreement.  Its lenders
have agreed not to declare default until May 10 if certain
conditions have been satisfied, the report related.

Penn Virginia spent $7.8 million in the first quarter on financial
advisers and $3.3 million to banks and unsecured note-holders in an
effort to refinance the company, the report said.

                      *     *     *

As previously reported by The Troubled Company Reporter, on April
25, 2016, reported that Standard & Poor's Ratings Services lowered
its corporate credit rating on U.S.-based oil and gas exploration
and production company Penn Virginia Corp. to 'D' from 'CCC'.

At the same time, S&P lowered its issue-level rating on the
company's senior unsecured debt to 'D' from 'CC'.  The recovery
rating is '6', indicating S&P's expectation of negligible (0% to
10%) recovery in the event of a payment default.

The 'D' rating reflects Penn Virginia's decision not to make the
interest payment on its 7.25% senior unsecured notes due 2019 on
April 15, and S&P's belief that the company will not make this
payment before the 30-day grace period ends.  S&P believes the
company will likely reorganize under Chapter 11.


PIONEER HEALTH: Judge Orders Administrative Consolidation of Cases
------------------------------------------------------------------
A federal judge ordered the administrative consolidation of the
Chapter 11 cases of Pioneer Health Services Inc. and Pioneer Health
Services of Early County LLC.

Judge Neil Olack of the U.S. Bankruptcy Court for the Southern
District of Mississippi ordered that PHSEC's case be
administratively consolidated with the main bankruptcy case of
Pioneer Health under Case No. 16-01119.

Pioneer Health owns the company, which filed for bankruptcy
protection on April 8.

Judge Olack had earlier approved the administrative consolidation
of the bankruptcy cases of Pioneer Health and its six affiliates,
except Medicomp Inc., court filings show.
  
In connection with Judge Olack's ruling, creditors of each company
were required to file proofs of their claim in the case in which
the debt was incurred and not in Pioneer Health's main bankruptcy
case unless it was incurred in that case.

                       About Pioneer Health

Pioneer Health Services, Inc. and its debtor-affiliates, including
Medicomp Inc., filing separate Chapter 11 bankruptcy petitions
(Bankr. S.D. Miss. Case No. 16-01119 to 16-01126) on March 30,
2016.  The Debtors provide healthcare services to rural
communities, and own and manage rural critical access hospitals.

Judge Hon. Neil P. Olack presides over the Debtors' cases.  The Law
Offices of Craig M. Geno PLLC serves as the Debtors' counsel.

Pioneer Health Services estimated $10 million to $50 million in
both assets and liabilities.  The petitions were signed by Joseph
S. McNulty III, president.



PIONEER HEALTH: Trustmark Wants Automatic Stay Relief
-----------------------------------------------------
Trustmark National Bank asks the U.S. Bankruptcy Court for the
Southern District of Mississippi for relief from the automatic stay
and to authorize the abandonment of property of Pioneer Health
Services, Inc., et. al.'s estate, or for adequate protection.

Trustmark loaned the Debtors $4,759,995 under a Promissory Note.
The Promissory Note was renewed and the loan extended, on four
separate occasions.  The current maturity date of the loan is June
7, 2016.

Trustmark contends that as of the Petition Date, the outstanding
balance on the loan is at least $3,844,533.62, including fees and
expenses.  The Debtors' obligations to Trustmark are secured by:
(i) the Debtors' Personal Property, consisting of equipment,
furniture, fixtures and general intangibles, not encumbered or
leased; and (ii) Real Property consisting of a valid, binding,
enforceable, first-priority continuing lien on and security
interest in a three-story suburban office building located at 110
Pioneer Way, Magee, Mississippi, and certain surrounding property.
As additional security for the Debtor's obligations to Trustmark,
Joseph S. McNulty, III, the Debtors' president, executed a
Commercial Guaranty, by which he absolutely and unconditionally
guaranteed the full and punctual payment and satisfaction of the
Debtor's indebtedness to Trustmark.

Trustmark avers that the Debtors are in default of their payment
and other obligations under the Loan Documents for failing to make
the regular monthly payment of $33,069, which was due on March 7,
2016.

Trustmark believes that no other person or entity holds or claims a
lien against all or any part of the Collateral, except:

     (a) Regions Bank, which holds a junior lien on certain of the
Real Property as security for an indebtedness in the aggregate
amount of $3,363,300;

     (b) The U.S. Small Business Administered, Jackson District
Office, which holds a junior lien on the Real Property as security
for an indebtedness in the amount of $1,515,000;

     (c) The United States of America - Internal Revenue Service
("IRS”), which holds a junior lien on the Collateral on account
of several federal tax liens in the aggregate amount of about $7
million;

     (d) TCF Equipment Finance, Inc., which may have a lien on
certain personal property located on the Real Property as security
for an indebtedness in an unknown amount; and

     (e) Dade Behring Financial Services, which may have a lien on
certain personal property located on the Real Property as security
for an indebtedness in an unknown amount.

Trustmark argues that cause exists to terminate the automatic stay
with respect to the Collateral and as to Trustmark, the Debtor, and
the Debtor's bankruptcy estate so that Trustmark may proceed under
applicable nonbankruptcy law to enforce its default remedies and
foreclose on the Collateral.

Trustmark cites the following reasons to support its argument:

     (1) The Debtor is in default of its monthly payment of
obligations to Trustmark;

     (2) Trustmark's interest in the Collateral is not protected by
an adequate equity cushion as the value of the Collateral is
significantly less than the total indebtedness secured by the
Collateral;

     (3) the Debtor has failed to pay the 2014 and 2015 ad valorem
taxes on the Real Property, and certain of the Real Property has
been sold at a tax sale; and

     (4) the status of the insurance coverage with respect to the
Collateral is in limbo.

Trustmark avers that abandonment of the Collateral from the estate
is appropriate because the Debtor has no equity in the Collateral
and the Collateral is of inconsequential value and benefit to the
estate.

Trustmark requests, in the alternative, that the Court order the
Debtor to (i) make monthly cash payments to Trustmark of $33,069 to
cover the decline in the value of the Collateral while the stay is
in place, (ii) promptly bring current all taxes and assessments
levied against the Collateral, and (iii) assume and perform under
the Premium Finance Installment Loan Agreement with respect to the
property insurance covering the Collateral.

Trustmark National Bank is represented by:

          Marcus M. Wilson, Esq.
          Andrew R. Wilson, Esq.
          BENNETT LOTTERHOS SULSER & WILSON, P.A.
          190 East Capitol Street
          Suite 650
          Jackson, MS 39201
          Telephone: (601)944-0466
          Facsimile: (601)944-0467
          Email: mwilson@blswlaw.com
                 awilson@blswlaw.com              

About Pioneer Health Services, Inc.

Pioneer Health Services, Inc. and its debtor-affiliates, including
Medicomp Inc., filing separate Chapter 11 bankruptcy petitions
(Bankr. S.D. Miss. Case No. 16-01119 to 16-01126) on March 30,
2016.  The Debtors provide healthcare services to rural
communities, and own and manage rural critical access hospitals.

Judge Hon. Neil P. Olack presides over the Debtors' cases.  The
Law
Offices of Craig M. Geno PLLC serves as the Debtors' counsel.

Pioneer Health Services estimated $10 million to $50 million in
both assets and liabilities.  The petitions were signed by Joseph
S. McNulty III, president.



PIONEER HEALTH: Unit Gets Interim Approval to Use Cash Collateral
-----------------------------------------------------------------
A unit of Pioneer Health Services Inc. received interim approval to
use the cash collateral of Capital One Bank.

The order, issued by Judge Neil Olack of the U.S. Bankruptcy Court
for the Southern District of Mississippi, allowed Pioneer Health
Services of Early County LLC to use the case collateral of its
pre-bankruptcy lender to support its operations.

The bank will be granted "post-petition" liens on certain assets of
PHSEC in return for allowing the company to use its cash
collateral.  The bank will also receive a "replacement first
priority perfected security interest," according to court filings.

                 About Pioneer Health Services

Pioneer Health Services of Early County, LLC sought protection
under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy
Court for the Southern District of Mississippi (Jackson-3
Divisional Office) (Case No. 16-01243) on April 8, 2016. The
petition was signed by Joseph S. McNulty III, president.

The Debtor is represented by Craig M. Geno, Esq., at the Law
Offices of Craig M. Geno, PLLC. The case is assigned to Judge Neil
P. Olack.

The Debtor estimated assets of $10 million to $50 million and debts
of $1 million to $10 million.



PORTER BANCORP: Reports 1st Quarter 2016 Net Income of $1.4-Mil.
----------------------------------------------------------------
Porter Bancorp, Inc. reported net income of $1.48 million on $7.65
million of net interest income for the three months ended
March 31, 2016, compared to net income of $594,000 on $7.29 million
of net interest income for the same period in 2015.

As of March 31, 2016, Porter had $938.15 million in total assets,
$903.55 million in total liabilities and $34.60 million in total
stockholders' equity.

John T. Taylor, president and CEO of the Company noted, "PBI Bank
has continued to make significant progress in reducing its
non-performing assets.  In the first quarter of 2016,
non-performing assets were reduced by $4.3 million after achieving
reductions of $12.9 million in the fourth quarter of 2015.  In
addition to lowering the risk profile of the Company, we are
pleased to see a return to profitability, as the cost to remediate
non-performing assets continues to decline, and we continued the
all-important work to attract new customers and provide high
quality service to our existing customer base."

                           Capital

At March 31, 2016, PBI Bank's Tier 1 leverage ratio was 6.39%
compared with 6.08% at December 31, 2015, and its Total risk-based
capital ratio was 10.64% at March 31, 2016, compared with 10.58% at
December 31, 2015, which are below the minimums of 9.0% and 12.0%
required by the Bank's Consent Order.  At March 31, 2016, Porter
Bancorp's leverage ratio was 5.03% compared with 4.74% at December
31, 2015, and its Total risk-based capital ratio was 10.46%,
compared with 10.46% at December 31, 2015.  At March 31, 2016, PBI
Bank's Common equity Tier I risk-based capital ratio was 8.94%, and
Porter Bancorp's Common equity Tier I risk-based capital ratio was
5.21%.

Subsequent to March 31, 2015, the Company completed a private
placement of common stock to accredited investors on April 15,
2016.  In the transaction, the Company issued 2.9 million common
shares and 1.1 million non-voting common shares at $1.25 each
resulting in total proceeds of $5.0 million. Approximately $2.8
million of the proceeds were directed by investors to make interest
payments and bring current the Company's trust preferred securities
which had been in deferral since 2011.  The balance of the proceeds
will be used for general corporate purposes and to support the
Company's wholly-owned subsidiary, PBI Bank.

Among the accredited investors participating in the transaction
were John T. Taylor, our CEO, and Directors Bradford T. Ray and
James M. Parsons.  After the transaction, the Company had issued
and outstanding 22,986,177 common shares and 7,958,000 non-voting
common shares.

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

                         http://is.gd/wtvSwu

                        About Porter Bancorp

Porter Bancorp, Inc., is a bank holding company headquartered in
Louisville, Kentucky.  Through its wholly-owned subsidiary PBI
Bank, the Company operates 18 full-service banking offices in
12 counties in Kentucky.

Porter Bancorp reported a net loss of $3.21 million on $36.57
million of interest income for the year ended Dec. 31, 2015,
compared to a net loss of $11.15 million on $39.51 million of
interest income for the year ended Dec. 31, 2014.

The Company's auditor Crowe Horwath, LLP, in Louisville, Kentucky,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
"the Company has incurred substantial losses in 2015, 2014 and
2013, largely as a result of asset impairments resulting from the
re-evaluation of fair value and ongoing operating expenses related
to the high volume of other real estate owned and non-performing
loans.  In addition, the Company's bank subsidiary is not in
compliance with a regulatory enforcement order issued by its
primary federal regulator requiring, among other things, increased
minimum regulatory capital ratios as well as being involved in
various legal proceedings in which the Company disputes material
factual allegations against the Company.  Additional losses,
adverse outcomes from legal proceedings or the continued inability
to comply with the regulatory enforcement order may result in
additional adverse regulatory action.  These events raise
substantial doubt about the Company's ability to continue as a
going concern."


PULTEGROUP INC: S&P Affirms 'BB+' CCR, Outlook Stable
-----------------------------------------------------
Standard & Poor's Ratings Services said it affirmed its ratings on
PulteGroup Inc., including its 'BB+' corporate credit rating.  The
outlook is stable.

S&P also affirmed its 'BB+' issue-level ratings on the company's
senior unsecured notes.  The '3' recovery rating is unchanged and
indicates S&P's expectation for meaningful recovery (50% to 70%) in
the event of payment default.

"Our stable rating outlook on PulteGroup Inc. reflects our
expectation that operating conditions will remain favorable over
the next 12 months, with housing starts improving roughly 10%,"
said Standard & Poor's credit analyst Maurice Austin.  "We expect
the company to fund growth in this environment in a prudent manner,
such that leverage remains below 3x EBITDA."

Though less likely in the near term, given the current cushion in
financial metrics and S&P's view that the housing market is still
in the mid-stage of a long recovery, it would lower its rating if
the company funded land investment, share repurchases, or dividends
in a more aggressive manner than S&P currently expects, causing
debt -to -EBITDA to rise above 4x.

S&P could raise the rating in the next 12 months if the housing
market continues to recover and S&P expects the company to adhere
to financial policies that will maintain leverage at or below
current levels.  This will require greater clarity about
PulteGroup's management transition and strategic direction.



QUANTUM FUEL: Creditors' Panel Hires Liner as Counsel
-----------------------------------------------------
The Official Committee of Unsecured Creditors of Quantum Fuel
Systems Technologies Worldwide, Inc. dba Quantum Technologies,
seeks authority from the U.S. Bankruptcy Court for the Central
District of California to employ Liner LLP as counsel to the
Committee, nunc pro tunc to April 5, 2016.

The Committee requires Liner to:

   (a) assist, advise and represent the Committee in its
       consultations with the Debtor regarding the administration
       of the case;

   (b) assist, advise and represent the Committee with respect to
       the Debtor's retention of professionals and advisors;

   (c) assist, advise and represent the Committee in analyzing
       the Debtor's assets and liabilities, investigating the
       extent and validity of liens and participate in and review
       any proposed asset sales, financing arrangements and cash
       collateral stipulations or proceedings;

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

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

   (f) assist, advise and represent the Committee in its analysis
       of and any objection to any disclosure statement;

   (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 such other services to the Committee as may be
       necessary in the case.

Liner will be paid at these hourly rates:

                            PARTNERS

    Name         General Area of Professional         Hourly Rate
                   Services to be Provided

Robbin L. Itkin        Bankruptcy Counsel                $695
Afshin Beyzaee         Tax Counsel (as needed)           $695
Alexandra S. Kelly     Bankruptcy Counsel                $475

                    ASSOCIATES AND COUNSEL

    Name         General Area of Professional         Hourly Rate
                   Services to be Provided

Kelly K. Frazier       Bankruptcy Counsel                $495
David Parsly           Tax Counsel (as needed)           $450

                      PARAPROFESSIONALS

    Name         General Area of Professional         Hourly Rate
                   Services to be Provided

Leslie Behr            Bankruptcy Counsel                $275

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

Robbin L. Itkin, partner in the firm Liner 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.

Liner can be reached at:

     Robbin L. Itkin, Esq.
     Liner LLP
     1100 Glendon Avenue, 14th Floor
     Los Angeles, CA 90024
     Tel: (310) 500-3500
     Fax: (310) 500-3501
     E-mail: ritkin@linerlaw.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.


QUICKSILVER RESOURCES: Seeks to Extend Deadline to Remove Suits
---------------------------------------------------------------
Quicksilver Resources Inc. has filed a motion seeking additional
time to remove lawsuits involving the company and its affiliates.

In its motion, the company asked the U.S. Bankruptcy Court in
Delaware to move the deadline for filing notices of removal of the
lawsuits to August 11, 2016.

The motion is on Judge Laurie Selber Silverstein's calendar for May
17.

                 About Quicksilver Resources

Quicksilver Resources Inc. (OTCQB: KWKA) is an exploration and
production company engaged in the development and production of
long-lived natural gas and oil properties onshore North America.
Based in Fort Worth, Texas, the company claims to be a leader in
the development and production from unconventional reservoirs
including shale gas, and coal bed methane.  Following more than 30
years of operating as a private company, Quicksilver became public
in 1999.

The Company has U.S. offices in Fort Worth, Texas; Glen Rose,
Texas; Steamboat Springs, Colorado; Craig, Colorado and Cut Bank,
Montana.  The Company's Canadian subsidiary, Quicksilver Resources
Canada Inc. is headquartered in Calgary, Alberta.

On March 17, 2015, Quicksilver Resources Inc. and certain of its
affiliates filed voluntary petitions for relief under Chapter 11 of
the Bankruptcy Code in Delaware.  Quicksilver's Canadian
subsidiaries were not included in the chapter 11 filing.

The Company's legal advisors are Akin Gump Strauss Hauer & Feld LLP
in the U.S. and Bennett Jones in Canada.  Richards Layton & Finger,
P.A., is legal co-counsel in the Chapter 11 cases.  Houlihan Lokey
Capital, Inc., is serving as financial advisor.  Garden City Group
Inc. is the claims and noticing agent.

The Company's balance sheet at Dec. 31, 2014, showed $1.21 billion
in total assets, $2.35 billion in total liabilities and a
stockholders' deficit of $1.14 billion.

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

                           *     *     *

The Debtors won approval to sell substantially all assets to
BlueStone Natural Resources II, LLC.  BlueStone offered $240
million to acquire Quicksilver's oil and gas assets located in the
Barnett Shale in the Fort Worth basin of North Texas, and $5
million for those assets located in the Delaware basin in West
Texas.


RAZA SERVICES: Court Lifts Automatic Stay for Texas Bank
--------------------------------------------------------
Judge Letitia Z. Paul of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, held that the automatic stay
imposed in the Chapter 11 case of Raza Services, LLC, should be
lifted with respect to the real property in a commercial
condominium in Baytown, Texas, after finding that the Debtor has
offered no adequate protection to Texas First Bank for the
dimunition of the property's value.

A full-text copy of Judge Paul's Memorandum Opinion dated May 2,
2016, is available at http://bankrupt.com/misc/RAZA580502.pdf

The Chapter 11 case is In re RAZA SERVICES, LLC, Debtor, CASE NO.
16-30113-H3-11 (Bankr. S.D. Tex.).


REPUBLIC AIRWAYS: Court OKs Delta Agreements, $75M DIP Financing
----------------------------------------------------------------
Republic Airways Holdings Inc. on May 3 disclosed that the United
States Bankruptcy Court for the Southern District of New York
issued its ruling approving the Company's comprehensive amendments
to its agreements with Delta Air Lines, Inc.  The amended
agreements provide substantial and interrelated operational and
economic benefits, including a consensual wind-down of the Single
Class Agreement (50-seat aircraft), the full settlement of the
litigation between Delta and Republic, the return of full flying of
all thirty (30) E170 and E175 aircraft subject to, an increase in
reimbursement rates under its Dual Class Agreement (EJET),
compensation for certain slot lease agreements, modifications to
the parties' Ground Handling Agreement and an allowed unsecured
prepetition claim of $170 million to Delta.  The court's ruling
also approved a Debtor-In-Possession (DIP) Credit Agreement with
Delta which will provide $75 million in liquidity to Republic in
support of its restructuring plan.  The Company anticipates the
court's approval will become effective on May 6, 2016.

Zirinsky Law Partners PLLC and Hughes Hubbard & Reed LLP are
serving as Republic's legal advisors in the restructuring and
Norton Rose Fulbright is serving as Republic's legal advisor in the
DIP transaction.  Seabury Securities LLC is serving as Republic's
financial advisor.  Davis Polk & Wardwell LLP is serving as Delta's
legal advisor and PJT Partners is serving as Delta's financial
advisor.

                     About Republic Airways
  
Republic Airways Holdings Inc., based in Indianapolis, is an
airline holding company (NASDAQ: RJET) that owns Republic Airline
and Shuttle America Corporation.  Republic Airline and Shuttle
America -- http://www.rjet.com/-- offer approximately 1,000
flights daily to 105 cities in 38 states, Canada, the Caribbean,
and the Bahamas through Republic's fixed-fee codeshare agreements
under our major airline partner brands of American Eagle, Delta
Connection and United Express.  The airlines currently employ about
6,000 aviation professionals.  

On Feb. 25, 2016 Republic Airways Holdings Inc. and 6 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the United States Bankruptcy Code in the United States
Bankruptcy Court for the Southern District of New York.   The
Debtors have requested that their cases be jointly administered
under Case No. 16-10429.  The petitions were signed by Joseph P.
Allman as senior vice president and chief financial officer.

Zirinsky Law Partners PLLC and Hughes Hubbard & Reed LLP are
serving as Republic's legal advisors in the restructuring.  Seabury
Group LLC is serving as financial advisor.  Deloitte & Touche LLP
is the independent auditor.  Prime Clerk is the claims and noticing
agent.


REPUBLIC AIRWAYS: May Reject Aircraft Aerodynamics Lease
--------------------------------------------------------
In the case captioned In re: REPUBLIC AIRWAYS HOLDINGS INC., et
al., Chapter 11, Debtors, Case No. 16-10429 (SHL), (Jointly
Administered) (Bankr. S.D.N.Y.), Judge Sean H. Lane of the United
States Bankruptcy Court for the Southern District of New York
granted the debtors' motion for an order authorizing them to (i)
transfer title to and abandon certain owned aircraft and engines
and reject a related aircraft lease, and (ii) to fulfill their
obligations under a certain engine purchase agreement and directing
Citibank, N.A. to cooperate with the closing of that agreement.

The Debtor is directed to reject the lease with Aerodynamics
Incorporated that covers one ERJ-145.

A full-text copy of Judge Lane's April 8, 2016 memorandum of
decision is available at http://is.gd/mNVCSBfrom Leagle.com.

Republic Airways Holdings Inc. is represented by:

          Christopher K. Kiplok, Esq.
          HUGHES HUBBARD & REED LLP
          One Battery Park Plaza
          New York, NY 10004
          Tel: (212)837-6000
          Email: chris.kiplok@hugheshubbard.com

            -- and --

          Bruce R. Zirinsky, Esq.
          Sharon J. Richardson, Esq.
          Gary D. Ticoll, Esq.
          ZIRINSKY LAW PARTNERS PLLC
          375 Park Avenue, Suite 2607
          New York, NY 10152
          Tel: (212)763-0192

United States Trustee, U.S. Trustee, is represented by:

          Brian Shoichi Masumoto, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE

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

          Todd M. Goren, Esq.
          Brett H. Miller, Esq.
          MORRISON & FOERSTER LLP
          250 West 55th Street
          New York, NY 10019
          Tel: (212)468-8000
          Fax: (212)468-7900
          Email: tgoren@mofo.com
                 brettmiller@mofo.com

                    About Republic Airways

Republic Airways Holdings Inc., based in Indianapolis, is an
airline holding company (NASDAQ: RJET) that owns Republic Airline
and Shuttle America Corporation.  Republic Airline and Shuttle
America -- http://www.rjet.com/-- offer approximately 1,000   
flights daily to 105 cities in 38 states, Canada, the Caribbean,
and the Bahamas through Republic's fixed-fee codeshare agreements
under our major airline partner brands of American Eagle, Delta
Connection and United Express.  The airlines currently employ
about 6,000 aviation professionals.  

On Feb. 25, 2016 Republic Airways Holdings Inc. and 6 affiliated
debtors each filed a voluntary petition for relief under Chapter
11 of the United States Bankruptcy Code in the United States
Bankruptcy Court for the Southern District of New York.   The
Debtors have requested that their cases be jointly administered
under Case No. 16-10429.  The petitions were signed by Joseph P.
Allman as senior vice president and chief financial officer.

Zirinsky Law Partners PLLC and Hughes Hubbard & Reed LLP are
serving as Republic's legal advisors in the restructuring.
Seabury Group LLC is serving as financial advisor.  Deloitte &
Touche LLP is the independent auditor.  Prime Clerk is the claims
and noticing agent.


RICHARD MERCER: Seeks to Sell Las Vegas Lot for $2 Million
----------------------------------------------------------
Richard Mercer and Christine Mercer on April 27, 2016, ask the U.S.
Bankruptcy Court for the District of Nevada for permission to sell
a real property (raw land) located at Buffalo Drive and Blue
Diamond Road., Las Vegas, Nevada.  

The Debtors wish to sell the property to Buffalo Diamond, LLC, a
Nevada limited liability company.  The purchase price of the
property will be $2,000,000.  The Debtors have agreed to accept a
Note Secured by Deed of Trust, in the amount of $800,000, at the
rate of 8.0% per annum, payable in interest only installments, in
the amount of $5,333 per month, and continuing each month
thereafter until April, 2017, at which time the entire balance,
together with unpaid accrued interest, shall become due and
payable.

This motion was previously approved and the order approving the
sale was entered on February 1, 2016. The terms of the sale have
changed slightly and a new order must be entered in compliance with
the changes.

The sale will result in payment of all commissions, fees, escrow
and title charges as customary pursuant to the agreement contained
in the Seller's Closing Statement, currently totaling approximately
$48,000, and the Preliminary Title Report.

Attorney's fees to Thomas E. Crowe Professional Law Corporation, in
the amount of $4,000, will be paid from funds from the sale of the
house.  The Debtors request that the Court waive the 14 day appeals
process if there is no objection to the sale.

The proceeds due to the Debtors will be disbursed as follows:
Funds necessary to meet Plan obligations, as set forth below, will
be forwarded to the Attorney for Debtors, Thomas E. Crowe, in
trust, for disbursement as appropriate:

   1. Demand of Kirkwood Bank: $506,750 as of May 31, 2016.

   2. Balance owed to IRS: priority debt and administrative claims,
with the remainder for other Plan obligations $441,250.

   3. Total of $948,000.00.

                About Richard and Christine Mercer

Richard Mercer and Christine Mercer sought Chapter 11 protection
(Bankr. D. Nev. Case No. 11-23178) on Aug. 19, 2011.  The Debtors'
Chapter 11 Plan was confirmed on July 26, 2013.

          THOMAS E. CROWE PROFESSIONAL
          Thomas E. Crowe, ESQ.
          2830 S. Jones Blvd., Suite 3
          Las Vegas, Nevada 89146



RONALD VAN DEN HEUVEL: Indicted Businessman Files for Bankruptcy
----------------------------------------------------------------
The Associated Press reported that a Wisconsin businessman indicted
in an alleged scheme to fraudulently obtain bank loans has filed
for bankruptcy protection.

According to the report, Ronald Van Den Heuvel, of De Pere, filed
on behalf of Green Box NA Green Bay in federal court's Eastern
District.  One of the 21 creditors listed on the filing is the
Wisconsin Economic Development Corp., the report related.  Van Den
Heuvel owes the state's job creation agency more than $1.2 million,
the report said.  The agency made the loan in 20111-2012 for a
project to turn waste paper into synthetic fuel and paper products,
the report added.


RONNIE EMEL MUSIC: UST's Objection to McCallar Employment Overruled
-------------------------------------------------------------------
Judge John S. Dalis of the U.S. Bankruptcy Court for the Southern
District of Georgia, Waycross Division, denied the objection raised
by Guy B. Gebhardt, U.S. Trustee for Region 21, to Ronnie Emel
Music, Sr.'s amended application to employ C. James McCallar, Jr.,
Esq., and Tiffany E. Caron, Esq., of the McCallar Law Firm.

The U.S. Trustee asserted that the Applicants were unable to
"render non-biased representation of the estate with respect to the
investigation and litigation of potential claims against both
Ronnie E. Music, Jr., and Ronnie Music, Inc., because RMI and Music
were the sources of the Applicants' retainer payments.  Judge Dalis
held that, accepting that the retainer payment constituted the
proceeds of transfers the Debtor received from Music and RMI, the
source of the retainer was the Debtor, not Music or RMI.

Judge Dalis further held that, "I commend the UST for the
performance of his duty monitoring applications filed under 11
U.S.C. Section 327.  As a result of his inquiry, legitimate concern
was raised regarding the investigation and litigation of potential
preference actions against Music and RMI."  Judge Dalis ordered
that the Applicants may proceed with their employment by the
Debtor, conditioned, however, on the requirement that the Debtor
obtain additional counsel pursuant to Section 327(a) of the
Bankruptcy Code to investigate and litigate, if necessary, any
potential preference actions against RMI and Music.

A full-text copy of Judge Dalis's Opinion and Order dated May 2,
2016, is available at http://bankrupt.com/misc/REM500502.pdf

The Chapter 11 case is In re Ronnie Emel Music, Sr., Debtor in
Possession, Chapter 11 Case Number 16-50083 (Bankr. S.D. Ga.).


SERVICEMASTER CO: S&P Raises CCR to 'BB-', Outlook Stable
---------------------------------------------------------
Standard & Poor's Ratings Services said that it raised its
corporate credit rating on Memphis-based The ServiceMaster Co. LLC
to 'BB-' from 'B+'.  The outlook is stable.

At the same time, S&P raised its issue-level rating on the
company's first-lien credit facilities to 'BB' from 'BB-.  The
recovery rating on this debt remains '2', with the recovery
expectations now falling at the upper half of the 70%-90% range in
the event of a payment default.

S&P also raised its issue-level ratings on the company's unsecured
notes to 'BB-' from 'B+'.  The recovery rating remains '4', with
the recovery expectation improving to the upper half of the 30%-50%
range.

The company no longer reports financial statements under The
ServiceMaster Co. LLC subsequent to the refinancing of its notes in
the third quarter of 2015.  It now reports under ServiceMaster
Global Holdings, Inc., and Standard & Poor's will be transferring
our ratings accordingly.

The company has approximately $2.7 billion of debt outstanding.

The upgrade reflects S&P's expectation that the company will
continue to improve its credit metrics, which have steadily
strengthened since its initial public offering in 2014, reflecting
stronger-than-anticipated organic sales growth at American Home
Shield (AHS) and increased sales at Terminix, thanks to new
services and price increases.  S&P expects these trends to
continue, resulting in financial leverage in the mid-4x area in
fiscal 2016 and continued improvement in 2017 and beyond, given the
company's target debt-to-EBITDA ratio of 2.5x to 3.0x (excluding
our debt adjustments).

"Our ratings also incorporate the company's recent announcement of
a $300 million share repurchase program, which aims at returning
discretionary cash flow to the shareholders.  We believe the
company will use free cash flow on its share repurchases, and
therefore the buybacks will not adversely impact the company's
credit metrics," said Standard & Poor's credit analyst Suyun Qu.

S&P's ratings also reflect the company's leading market share in
the less volatile Terminix segment, which provides termite/pest
control services; their exposure to economic cycles via the AHS
segment, which provides home warranty plans that cover the repair
or replacement of 21 major household systems and appliances (such
as electrical, plumbing, and central heating).  "We consider
Terminix's 21% market share to be an industry leader, with Rollins
(the operator of Orkin) as a close second, but we view the pest
control business as highly competitive and fragmented, including a
proliferation of local players.  However, we view termite and pest
control as a stable business that provides a necessary service that
is less prone to economic cycles.  We view AHS as more exposed to
housing prices and household discretionary income levels; in lean
times, consumers may choose to pay for repairs instead of
warranties.  Still, we believe the AHS segment is currently
benefiting from the housing market recovery and higher
discretionary income levels," S&P said.

"Our ratings also incorporate our opinion that the company's two
ongoing U.S. investigations (related to improper use of chemicals
in its Terminix business) do not pose significant business
reputation or credit risk at this time, in part because we believe
any damages incurred from the two cases would be fairly modest. The
company has recently came to an agreement with the Department of
Justice on a settlement amount of approximately $10 million
regarding the U.S. Virgin Island Case.  While the civil case is
still pending, the civil damages would be insured," S&P noted.

The stable outlook reflects S&P's expectation that the company will
sustain its improved operating performance and that adjusted debt
to EBITDA to be in the low-4x area over the next year.



SILICON ALLEY: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Silicon Alley Group Inc.
        1 Austin Avenue
        Iselin, NJ 08830

Case No.: 16-18244

Chapter 11 Petition Date: April 28, 2016

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

Judge: Hon. Christine M. Gravelle

Debtor's Counsel: Harrison Ross Byck, Esq.
                  KASURI BYCK, LLC
                  340 Route 1 North
                  Edison, NJ 08817
                  Tel: 732-253-7630
                  Fax: 732-253-7632
                  Email: lawfirm@kasuribyck.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Pritimayee Nayak, managing member.

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


SIMPLY FASHION: Court OKs Deal With BP for Special Counsel Fees
---------------------------------------------------------------
Adinath Corp. and SFS, Ltd. (f/k/a Simply Fashion Stores, Ltd.)
sought and obtained an amended order from the U.S. Bankruptcy Court
for the Southern District of Florida amending prior orders
authorizing the Debtors to enter into a settlement agreement
between the Debtors and BP plc.

Through its prior 9019 Orders, the Court approved a compromise
between the Debtors and BP plc through which, in return for a
release from Simply Fashion, payment net of special counsel fees
will be made by the BP Claims Administrator to Simply Fashion.
Subsequent to entry of the 9019 Orders, special litigation counsel
relayed the BP Claims Administrator's request for the Debtors to
seek entry of an Amended Order which would explicitly set out the
settlement amounts, the payee and the person with the authority to
sign the Release on behalf of Simply Fashion.

Judge Laurel M. Isicoff approved in their entirety the terms of the
Settlement Agreements attached to the 9019 Motions.  Judge Isicoff
also ordered the BP Claims Administrator to make out five
settlement checks in these amounts:

     (i) $30,252;
    (ii) $57,926;
   (iii) $27,034;
    (iv) $62,800; and
     (v) $36,593, all of which will be made out to "Simply
         Fashion Stores, Ltd."

The Court also authorized Soneet Kapila, the Debtors' Chief
Restructuring Officer, to sign the Release on behalf of Simply
Fashion Stores, Ltd.  The Debtors and the BP Claims Administrator
are further authorized to take any action necessary to effectuate
the Settlement Agreement.

                   About Simply Fashion Stores

Owned by the Shah family, Simply Fashion has 247 stores in 25
states across the country in major markets such as Detroit, Miami,
New Orleans, St. Louis, Chicago, Atlanta, Baltimore, Nashville and
Dallas. Founded in 1991, Simply Fashion is primarily a brick and
mortar retailer of Junior, Plus and Super Plus women's fashion
catering to African-American women between the ages of 25 and 55,
with locations in 25 states.

Adinath Corp. is the general partner of Simply Fashion.  It is
owned 100% by Bhavana Shah.

On April 16, 2015, Adinath and Simply Fashion Stores, Ltd., each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code in Miami, Florida (Bankr. S.D. Fla.,
Case No. 15-16885).  The cases are under the Honorable Laurel M.
Isicoff.

The Debtors have tapped Berger Singerman LLP as counsel; Kapila
Mukamal, LLP, as restructuring advisor; and Prime Clerk LLC as
claims and noticing agent.

Simply Fashion estimated $10 million to $50 million in assets and
debt.

The U.S. Trustee for Region 21 appointed five creditors to serve on
the official committee of unsecured creditors.

On July 24, 2015, the U.S. Trustee appointed James P.S. Leshaw as
consumer privacy ombudsman in the Debtors' Chapter 11 cases.

                           *     *     *

On Aug. 20, 2015, the Court entered an order authorizing the
Debtors to sell their intellectual property assets.  Pursuant to
Section 5.1(b) of the Asset Purchase Agreement, the Debtors have
changed the legal name of "Simply Fashion Stores, Ltd." to "SFS,
Ltd."  The Court on March 2, 2016, entered an order granting the
Debtors a limited exclusivity extension.  The period within which
only the Debtors may file a plan is extended, through and including
April 11, 2016.  The period within which the Debtors may solicit
acceptances of a plan is extended through and including June 10,
2016.


SPORTS AUTHORITY: Blakeley Represents Ad Hoc Consignor Committee
----------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
Blakeley LLP filed on May 2, 2016, with the U.S. Bankruptcy Court
for the District of Delaware a verified statement regarding the Ad
Hoc Committee of Consignment Creditors of Sports Authority
Holdings, Inc., et al., and regarding BLLP's representation of the
Ad Hoc Committee.

BLLP, as national counsel for the Ad Hoc Committee, can be reached
at:

Ronald A. Clifford, Esq.
Blakeley LLP
18500 Von Karman Avenue, Suite 530
Irvine, CA 92612
Tel: (949) 260-0611
E-mail: RClifford@BlakeleyLLP.com

The Ad Hoc Committee members and amount of their disclosable
economic interests in the Debtors are:

      Creditor                             Nature of Claim
      --------                             ---------------
Colorado Trading & Clothing Co.            Consignment of
dba Active Fashion Group                   approx. $225,771.37
c/o Carolyn Hadden
6161 Syracust Way, Suite 300
Greenwood Village, CO 80111

Do-All Traps, LLC                          Consignment of
dba Do-All Outdoors                        approx. $87,577.00
c/o Billy MacDougall
1207 16th Avenue South
Nashville, TN 37212

Harrow Sports, Inc.                        Consignment of
c/o Richard E. Kruger                      approx. $281,238.00
27777 Franklin Road, Suite 2500
Southfield, MI 48034

Manzella Productions, Inc.                 Consignment of
aka Totes Isotoner Corporation             approx. $1,259,407.00
c/o Donna H. Deye
9655 International Boulevard
Cincinnati, OH 45246-5658    

Nikwax North America Inc.                  Consignment of
c/o Bran Arrow                             approx. $80,921.00
400 N. 34th Street, Suite 202
Seattle, WA 98103

Optima Life Japan, Inc.                    Consignment of
dba Phiten                                 approx. $618,014.00
c/o Hisao Joe Furuhata
22301 S. Western Avenue, Suite 103
Torrance, CA 90501

Stack-On Products Company                  Consignment of
c/o Linda McGovern                         approx. $691,577.00
1360 N. Old Rand Road
Wauconda, IL 60084

Tabata USA Inc.                            Consignment of
c/o Joji Kagei, Esquire                    approx. $593,069.00
Masuda, Funai, Eifert & Mitchell, Ltd.
19191 South Vermont Avenue, Suite 420
Torrance, CA 90502

Wilson Sporting Goods Co.,                 Consignment
for itself and as Successor in             approx. $1,251,742.00  
Interest to the Consignment                
Agreement of Hillerich & Bradsby Co.
c/o Ray Berens
8750 W. Bryn Mawr Avenue
Chicago, IL 60631

The Rosner Law Group LLC is the Ad Hoc Committee's local counsel,
and can be reached at:

Frederick B. Rosner, Esq.
The Rosner Law Group LLC
824 N. Market Street, Suite 810
Wilmington, Delaware 19801
Tel: (302) 777-1111
E-mail: rosner@teamrosner.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.


ST. MICHAEL'S MEDICAL: Prime Healthcare Completes Acquisition
-------------------------------------------------------------
Prime Healthcare and Saint Michael's Medical Center on May 2
disclosed that Prime Healthcare has completed its acquisition of
Saint Michael's Medical Center.

"Prime Healthcare looks forward to working with the physicians,
nurses and employees at Saint Michael's Medical Center to ensure
the best care for the patients they serve," said Prem Reddy, MD,
FACC, FCCP, Chairman, President and CEO of Prime Healthcare
Services.  "We believe that every community deserves exceptional
healthcare close to home.  Prime Healthcare hospitals are
consistently ranked among the best hospitals in the nation, and we
have no doubt that Saint Michael's Medical Center will continue
that legacy."

Saint Michael's is a 357-bed acute care hospital located in the
Central Ward of Newark in the heart of Newark's business and
educational district.  Saint Michael's is also a major teaching
hospital affiliated with New York Medical College.  The hospital
serves Newark and the surrounding community with key service lines
including cardiology and cancer treatment.

Prime Healthcare has appointed Robert Iannaccone as the new CEO of
Saint Michael's, effective immediately.  Mr. Iannaccone has more
than 25 years of healthcare leadership and operational experience
in the New Jersey market.  Most recently, he served as senior vice
president of Cardiovascular Services at Barnabas Health.  Prior to
his successful tenure there, he worked for St. Mary's General
Hospital in Passaic, (a Prime Healthcare facility) as executive
vice president/chief operating officer, where he was instrumental
in the consolidation of two hospitals resulting in the
establishment of a sound St. Mary's.

Earlier in his career, Iannaccone worked for the Raritan Bay
Medical Center as its executive vice president and chief operating
officer and Atlantic Health System in senior executive roles
responsible for strategy, development and operations, as well as
Saint Clare's Denville (another Prime Healthcare facility) where he
served as executive vice president of Business Development and
Legal Services.

Mr. Iannaccone has consulted for Memorial Sloan Kettering Cancer
Center, and he served as adjunct professor of health organizations
and management at Farleigh Dickinson University Center for
Healthcare Management Studies and Silberman College of Business. He
received his MBA from Rutgers University School of Business and his
law degree from Seton Hall Law School.  Mr. Iannaccone is also a
councilman in Morristown, where he lives with his wife, Karen, and
two sons.

"It is an honor and a privilege for me to lead a hospital that has
served the community so well for 150 years," Mr. Iannaccone said.
"I look forward to working with our employees and medical staff as
we begin a new chapter in Saint Michael's that builds upon our
mission of providing quality healthcare to the community."

Mr. Iannaccone replaces David Ricci, who served as the hospital's
CEO since July 2011.

"I want to thank David for providing a steady hand during his
tenure at Saint Michael's," said Luis Leon, president of Prime
Healthcare, Division II.  "His leadership over the last three years
has helped ensure the success and survival of Saint Michael's, and
we wish him the very best in his future."

Prime Healthcare's acquisition comes more than three years after
the company first applied to state agencies for approval to
purchase the financially struggling hospital.  As a result of the
delays, the hospital was forced to seek Chapter 11 reorganization
in U.S. Bankruptcy Court.  During the bankruptcy proceedings, the
hospital was put out to bid and Prime Healthcare submitted a
winning $62 million bid, about $12 million more than its original
offer.  As part of its bid, Prime Healthcare agreed to increase its
investment from $25 to $50 million to upgrade technology, services
and continue to modernize the hospital over the next five years.

Prime Healthcare has hired substantially all of Saint Michael's
employees and has already reached agreements with the hospital's
three labor unions, which represent more than 780 of the hospital's
1,357 employees.

The sale of the hospital to Prime Healthcare was widely supported
by the community.  The Newark City Council, the Belleville Township
Council and the Essex County Board of Freeholders all passed
resolutions urging the state to approve the sale.  In addition,
some 50,000 people signed a petition urging the administration of
Gov. Chris Christie to approve the sale.

Newark Central Ward Councilwoman Gayle Chaneyfield Jenkins, who led
the effort to save the hospital, said Saint Michael's would have
surely closed if the purchase was not approved.

"There should be no doubt in anyone's mind that Prime Healthcare
has saved Saint Michael's along with nearly 1,400 jobs that we
could not afford to lose in this city," Ms. Chaneyfield Jenkins
said.  "Instead of an empty hospital building, we will continue to
have a thriving hospital in the heart of the Central Ward and Prime
Healthcare's investment of $50 million will ensure our residents
will have a state-of-the art healthcare facility that is second to
none."

The Rev. Ronald Slaughter, who led a coalition of ministers
advocating the sale, said saving Saint Michael's was an issue of
social justice.

"Prime Healthcare has committed to upholding the Ethical and
Religious Directives that were an integral part of Saint Michael's
mission as a Catholic hospital," Rev. Slaughter said.  "While Prime
Healthcare is not a religious institution, they have demonstrated a
commitment at their other hospitals around the country to serving
those who are less fortunate."

With the addition of Saint Michael's, Prime Healthcare includes 43
hospitals in 14 states with nearly 43,000 employees and physicians.
Eleven of the hospitals are members of the Prime Healthcare
Foundation, a 501(c) 3 public charity with $800 million in assets
all donated by Dr. Prem Reddy and his family.  Prime Healthcare
hospitals are regularly recognized for high quality care and the
health system is one of the fastest growing hospital systems in the
United States.

              About Saint Michael's Medical Center
  
Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation. The
immediate sole corporate member of SMMC is Maxis Health System, a
Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.

United States Trustee Region 3, notified the United States
Bankruptcy Court for the District of
New Jersey of the appointment of Susan N. Goodman, RN JD, as
patient care ombudsman in the Chapter 11 case of Saint Michael's
Medical Center, Inc., and its debtor affiliates.

U.S. trustee for Region 3, appointed seven creditors of Saint
Michael's Medical Center Inc. and its affiliates to serve on the
official committee of unsecured creditors.   Andrew H. Sherman,
Esq., Boris I. Mankovetskiy, Esq., and Lucas F. Hammonds, Esq., at
Sills Cummis & Gross PC, represent the Committee.


STEPHEN HARRIS: Hearing on Bid Procedures Deferred to May 6
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California,
Santa Ana Division, held a hearing April 21, 2016, to consider a
motion for approval of proposed bid procedures filed by John M.
Wolfe, the Chapter 11 trustee for the bankruptcy estates of Energy
Development Corporation and Stephen T. Harris.

After considering the Motion and the opposition filed by Powerdrive
Oil and Gas Company LLC, Judge Theodor C. Albert on April 27, 2016,
signed a consent order providing that:

   1. The Hearing on the Motion is continued to May 6, 2016, at
10:00 a.m. in Courtroom 5B.

   2. (a) Not later than April 29, 2016, any party wishing to
submit a bid for the Purchased Assets, as defined in the Asset
Purchase Agreement between the Trustee and Pacifoco, Inc., dated as
of April 8, 2016, and/or for any additional assets of the Sellers
under the APA, which bid includes any non-cash or other component
of consideration which is anything other than a cashier's check or
other cash equivalent to be paid at the closing of the sale, must
file with the Court evidence supporting and establishing the
valuation of such Non-Immediate Cash Consideration.

      (b) If such evidence is not filed with the Court by such
date, and the valuation of such Non-Immediate Cash Consideration is
not established to the satisfaction of the Court at the Continued
Hearing, then such Non-Immediate Cash Consideration will not be
considered in any bidding for the aforesaid assets.

   3. The Trustee will give notice of the requirements set forth in
Paragraph 2 above via email to all potential interested bidders
served with the Motion not later than April 22, 2016, and to any
additional interested bidders subsequently identified by the
Trustee as soon as practicable.

   4. The requirements of Sub-Paragraph 2 (a) above are
specifically applicable to Pacifoco as to any and all Non-Immediate
Cash Consideration included in the APA.  At the Continued Hearing,
the Court will consider the evidence submitted by Pacifoco, as well
as any filings or comments of other parties regarding such
Non-Immediate Cash Consideration, in ruling on the proposed bidding
procedures pursuant to the Motion.  The evidence to be submitted by
Pacifoco will include, without limitation,
information regarding any applicable interest rate to apply to
consideration to be payable subsequent to the closing of the sale.

   5. Any opposition, response, evidence, written comments or other
pleadings or papers responding to the submission of evidence by
Pacifoco or any other interested party as required in Paragraphs 2
and 4 above must be filed with the Court and served on the party
submitting such evidence (via email) not later than May 4, 2016, at
12:00 Noon.

   6. That portion of the Motion seeking authorization to use the
$100,000 deposit of Pacifoco for the purposes of funding the
continued operation of the EDC oil wells in advance of the closing
of a sale is granted as follows (with capitalized terms to have
the meanings as defined in the APA): With the written consent of
Pacifoco, the Trustee is authorized to use the EDC Good Faith
Deposit for the purposes of funding the continuation of operations
in advance of the EDC Closing; (ii) in the event that Pacifoco is
not the successful bidder, the full amount of the EDC Good Faith
Deposit will be returned to Pacifoco following the closing of the
sale of the EDC Purchased Assets to the successful bidder
consistent with the provisions of this APA; and, (iii) if for any
reason a sale of the EDC Purchased Assets is not consummated,
Purchaser will have an administrative claim in the EDC Case for the
amount so used by EDC, which administrative claim will be of equal
priority to all other administrative claims in the EDC Case.

                    About Stephen Thomas Harris

Stephen Thomas Harris sought Chapter 11 protection (Bankr. C.D.
Cal. Case No. 06-11174) on July 21, 2006.  Related entity,
Huntington Beach, California-based Energy Development Corporation
simultaneously sought Chapter 11 protection (Case No. 06-11175).

EDC estimated assets and debt of $10 million to $50 million.

Simon H. Langer, Esq., in Los Angeles, California, represented the
Debtors.

John M. Wolfe was later appointed Chapter 11 Trustee for the
bankruptcy estates of EDC and Mr. Harris.  

Counsel for the Chapter 11 Trustee:

         Philip A. Gasteier
         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: pag@lnbyb.com


SUNEDISON INC: Sullivan & Cromwell Represents Terraform
-------------------------------------------------------
Pursuant to Bankruptcy Rule 2019, Sullivan & Cromwell LLP, filed on
April 22, 2016, with the U.S. Bankruptcy Court for the Southern
District of New York a verified statement saying that it was
retained as counsel by TerraForm Power, Inc., and TerraForm Global,
Inc., in connection with matters relating to the financial distress
of SunEdison, Inc., and its affiliates.  Each consented to the
separate representation by Sullivan & Cromwell.

Sullivan & Cromwell can be reached at:

     Michael H. Torkin, Esq.
     Andrew G. Dietderich, Esq.
     John L. Hardiman, Esq.
     David R. Zylberberg, Esq.
     125 Broad Street
     New York, New York 10004
     Tel: (212) 558-4000
     Fax: (212) 558-3588

Terraform Power's and Terraform Global's disclosable economic
interests in the Debtors are:

A. Terraform Power, Inc.
   7550 Wisconsin Avenue, 9th
   Floor, Bethesda, Maryland 20814

Disclosable Economic Interests:
  -- unliquidated claims, which may include administrative     
     expenses, other priority claims, secured claims and unsecured
    
     claims; and

  -- rights of setoff and recoupment

B. Terraform Global, Inc.
   7550 Wisconsin Avenue, 9th
   Floor, Bethesda, Maryland, 20814

Disclosable Economic Interests:

  -- rights of setoff and recoupment unliquidated claims, which
     may include administrative expenses, other priority claims,
     secured claims and unsecured claims; and

  -- rights of setoff and recoupment

                        About SunEdison, Inc.

SunEdison, Inc., is a developer and seller of photovoltaic energy
solutions, an owner and operator of clean power generation assets,
and a global leader in the development, manufacture and sale of
silicon wafers to the semiconductor industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rotschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.


T.E. BERTAGNOLLI: Seeks to Sell Carson Property for $10,760
-----------------------------------------------------------
Christina W. Lovato, former Chapter 11 Trustee and current Manager
of the Reorganized Debtor, T.E. Bertagnolli & Associates, Inc., on
April 27, 2016, filed with the Bankruptcy Court for the District of
Nevada a motion to sell a property in Carson City, Nevada, to Tahoe
Western Asphalt, LLC, for $10,760.

On April 11, 2016, the Manager and Tahoe Western Asphalt, LLC, by
and through its Managing Member, Robert F. Matthews reached an
agreement for the purchase of the Property.  The Property is
currently located on the Reorganized Debtor's property at 7400
Brunswick Canyon Road, Carson City, Nevada.

This Property was previously consigned to Richie Bros. along with
the Debtors' other Equipment to sell via live auction, which sale
was approved by the Court on March 2, 2016 ("Equipment Sale
Order").  Richie Bros. has agreed that the Manager may sell these
two pieces of property separate and apart from the auction.

The remaining Equipment approved in the Equipment Sale Order is
scheduled to be sold via live auction conducted by Richie Bros. on
June 23, 2016.

The terms of the proposed sale are as follows: the base Purchase
Price is $10,000 plus a 7.6% sales tax in the amount of $760, for a
total purchase price of $10,760.  

Prior to arriving at the total Purchase Price, the Manager
consulted several reliable sources to determine a market rate.  The
total Purchase Price is higher than the initial offer made by Tahoe
Western Asphalt, LLC.

The remaining terms are: the Buyer is required to make an initial
deposit of $2,500 ("Initial Deposit") in the form of wire or
certified check upon execution of the Purchase Agreement; the
deposit shall be refundable in the event that the Sale Agreement is
not approved by the Bankruptcy Court; the balance of the Total
Purchase Price will be due and payable in the form of wire or
certified check on or before 60 days after the date of the Purchase
Agreement but not prior to entry by the Bankruptcy Court of an
Order approving the current Motion; the Buyer will remove the
Property from the current location at the Buyer's own expense only
upon delivery of the balance of the Total Purchase Price to the
Seller; the sale is "as is, where is" without any representations
or warranties whatsoever, whether express, implied or imposed by
law; and the terms of the sale must be approved by the Bankruptcy
Court.

In this case, the proposed sale is to a third party buyer, Tahoe
Western Asphalt, LLC, by and through its Managing Member, Robert F.
Matthews, in the total amount of $10,760.  The Manager consulted
several reliable sources regarding the fair market rates for the
Property.  The Purchase Price is higher than the initial offer made
by the Buyer.

The Property is not necessary for business operations at the site.
The crushing facility and asphalt plant are not currently operating
and all Equipment at the site has been approved for sale via live
auction, currently scheduled for June 23, 2016.  Richie Bros. has
agreed that the Manager may sell these two pieces of Property
separate and apart from the auction.  This sale is in the best
interests of the Reorganized Debtor because the Reorganized Debtor
still has little in the way of liquid assets in comparison the
amount of claims owed.  A cash infusion will also assist the
Manager in maintaining and preserving other more valuable real and
personal property assets of this estate.

The sale of the Property will be "as is, where is" and without any
warranties.  There is no lien against the Property and applicable
nonbankruptcy law permits the sale free and clear of liens, claims
and encumbrances.   The Manager believes that sufficient business
justification exists for the proposed sale of the Property as it is
not increasing in value and the sale proceeds will be used to fund
operations and the Plan.

                      About T.E. Bertagnolli

On Feb. 20, 2015, Tim E. Bertagnolli and T.E. Bertagnolli &
Associates, Inc., filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. Nev. Case Nos.
15-50214 and 50215).

On May 26, 2015, the Bankruptcy Court entered its Order Approving
US Trustee's Appointment of Chapter 11 Trustee designating
Christina W. Lovato as Trustee of the Debtors' consolidated
bankruptcy estate.

On Feb. 25, 2016, the Court entered its Order Confirming Amended
Chapter 11 Plan.  The confirmed Plan designates Christina W. Lovato
as Manager of the Reorganized Debtor.

Attorneys for former Chapter 11 Trustee and current Manager of
Reorganized Debtor, Christina W. Lovato, is represented by:

          DAVIS GRAHAM & STUBBS LLP
          Cecilia Lee, Esq.
          Elizabeth High, Esq.
          50 West Liberty Street, Suite 950
          Reno, Nevada 89501
          Tel: (775) 229-4219
          Facsimile: 775.403.2187
          E-mail: cecilia.lee@dgslaw.com
                  elizabeth.high@dgslaw.com



TRANSPORT EXPRESS: Case Summary & 12 Unsecured Creditors
--------------------------------------------------------
Debtor: Transport Express, LLC
        PO Box 351624
        Westminster, CO 80035

Case No.: 16-14166

Chapter 11 Petition Date: April 28, 2016

Court: United States Bankruptcy Court
       District of Colorado (Denver)

Judge: Hon. Elizabeth E. Brown

Debtor's Counsel: Jeffrey Weinman, Esq.
                  WEINMAN & ASSOCIATES, P.C
                  730 17th St., Ste. 240
                  Denver, CO 80202
                  Tel: ( ) 303-572-1010
                  E-mail: jweinman@epitrustee.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Russell T. Strobridge, manager.

A list of the Debtor's 12 largest unsecured creditors is available
for free at:

      http://bankrupt.com/misc/cob16-14166.pdf


TRINITY TOWN: Gets Final Nod to Obtain $500,000 DIP Financing
-------------------------------------------------------------
Judge K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida entered a final order authorizing Trinity Town
Center, LLLP, to obtain postpetition financing for $500,000 from
Sunfield Homes.

The loan will be used to fund, among other things, the Debtor's
normal and ordinary operating expenses as they come due in the
ordinary course of the Debtor's business and to make those
purchases necessary to preserve the going concern value of its
business and assets pending any reorganization efforts.

A copy of the Final Order is available for free at:

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

                    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.


TRONOX INC: Bank Debt Trades at 5% Off
--------------------------------------
Participations in a syndicated loan under which Tronox Inc. is a
borrower traded in the secondary market at 96.55
cents-on-the-dollar during the week ended Friday, April 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.64 percentage points from the
previous week.  Tronox Inc. pays 300 basis points above LIBOR to
borrow under the $1.5 billion facility. The bank loan matures on
March 15, 2020 and carries Moody's B1 rating and Standard & Poor's
BB+ rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended April 29.


TUSCAN HEIGHTS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Tuscan Heights, LLC
        P.O. Box 767400
        Roswell, GA 30076-7400

Case No.: 16-57756

Chapter 11 Petition Date: May 2, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Frank B. Wilensky, Esq.
                  MACEY, WILENSKY & HENNINGS, LLC
                  Suite 4420
                  303 Peachtree Street, NE
                  Atlanta, GA 30308
                  Tel: (404) 584-1200
                  Fax: 404-681-4355
                  E-mail: smcconnell@maceywilensky.com
                          swenger@maceywilensky.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kamran Attari, member.

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


ULTIMATE ESCAPES: Court Dismisses Suit vs. Club Holdings
--------------------------------------------------------
Judge Richard G. Andrews of the U.S. District Court for the
District of Delaware granted the defendant's motion to dismiss the
case captioned EDWARD T. GAVIN, TRUSTEE OF THE UE LIQUIDATING
TRUST, ON BEHALF OF THE ESTATES OF ULTIMATE ESCAPES HOLDINGS, LLC,
Plaintiff, v. CLUB HOLDINGS, LLC, Defendant, Civil Action No.
15-175-RGA (D. Del.)., for failure to state a claim under Fed. r.
12(b)(6).

The dispute arises out of a potential, ultimately unconsummated,
merger between Ultimate Escapes Holdings, LLC and its affiliates,
and Defendant Club Holdings, LLC.  Ultimate Escapes was a luxury
destination club, offering its customers paid memberships that
provided access to vacation residences, hotel and resort
properties, pre-trip planning advice, and on-site concierge
services in various locations around the world.  In 2010, Ultimate
Escapes experienced financial challenges and began to explore a
potential merger with a competitor, Club Holdings.

A full-text copy of Judge Andrews's Memorandum Opinion dated March
31, 2016, is available at http://is.gd/ULI5a7from Leagle.com.

Edward T. Gavin, Plaintiff, represented by Christopher A. Ward,
Esq. -- cward@polsinelli.com -- Polsinelli PC, Robert V Spake, Jr.,
Esq. -- rspake@polsinelli.com -- pro hac vice, Shanti Mulpuru
Katona, Esq. -- skatona@polsinelli.com -- Polsinelli PC & Todd H
Bartels, Esq. -- tbartels@polsinelli.com -- pro hac vice.

Club Holdings LLC, Defendant, represented by Mark I. Duedall, Esq.
-- mark.duedall@bryancave.com -- Bryan Cave LLP.

            About Ultimate Escapes

Ultimate Escapes, Inc. -- http://www.ultimateescapes.com/-- was a

luxury destination club that sold club memberships offering
members
reservation rights to use its vacation properties,   subject to
the
rules of the club member's Club Membership Agreement.  The
Company's properties are located in various resort locations
throughout the world.

Kissimmee, Florida-based Ultimate Escapes Holdings, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. D. Del. Case No.
10-12915)
on Sept. 20, 2010.  Affiliates Ultimate Resort, LLC; Ultimate
Operations, LLC; Ultimate Resort Holdings, LLC; Ultimate Escapes,
Inc. (fka Secure America Acquisition Corporation); P & J Partners,
LLC; UE Holdco, LLC; UE Member, LLC, et al., filed separate
Chapter
11 petitions.

Scott D. Cousins, Esq., Sandra G. M. Selzer, Esq., and Nancy A.
Mitchell, Esq., at Greenberg Traurig LLP, served as bankruptcy
counsel to the Debtor.  CRG Partners Group LLC was the Debtors'
chief restructuring officer.  BMC Group Inc. was the Company's
claims and notice agent.

Christopher A. Ward, Esq., Shanti M. Katona, Esq., and Peter W.
Ito, Esq., at Polsinelli Shughart PC, represented the Creditors
Committee.

Ultimate Escapes estimated assets at $10 million to $50 million
and
debts at $100 million to $500 million as of the Petition  Date.

As reported in the TCR on Feb. 1, 2012, the Effective Date of the
Second Amended Chapter 11 Liquidating Plan proposed by Ultimate
Escapes Holdings, LLC, et al., occurred on Jan. 3, 2012.


ULTRA PETROLEUM: Incurs $21.8 Million Net Loss in First Quarter
---------------------------------------------------------------
Ultra Petroleum Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $21.8 million on $159 million of total operating revenues for
the three months ended March 31, 2016, compared to net income of
$25.2 million on $219 million of total operating revenues for the
same period in 2015.

As of March 31, 2016, Ultra Petroleum had $1.28 billion in total
assets, $4.29 billion in total liabilities, and a $3.01 billion
total shareholders' deficit.

                 Liquidity and Capital Resources

On March 1, 2016, the Company entered into the Waiver Agreements.
Under the Waiver Agreements, the lenders party thereto agreed to
waive certain specified defaults under the Credit Agreement and the
MNPA, and to forbear from exercising their rights and remedies
otherwise available under the Credit Agreement and/or the MNPA, for
a forbearance period extending from March 1, 2016, until the
earlier of April 30, 2016, a default or event of default under the
Credit Agreement that was not waived by the Waiver Agreements, or
one or more of the termination events specified in the Waiver
Agreements.  During the forbearance period under the Waiver
Agreements, the Company has attempted to and are continuing to
negotiate a restructuring of its indebtedness, but, as of April 29,
2016, on Form 10-Q, the Company has not been successful at
accomplishing its plan.  In order to extend the forbearance period
under the MNPA Waiver, the Company would be required to obtain 100%
approval by the holders of the Senior Notes, which the Company
believes is highly unlikely.

During the three month period ended March 31, 2016, the Company
relied on cash provided by operations along with borrowings under
the Credit Agreement to finance its capital expenditures.  At March
31, 2016, the Company reported a cash position of $281.5 million
compared to $34 million at March 31, 2015.

For the three month period ended March 31, 2016, total capital
expenditures were $76.7 million.  During this period, the Company
participated in 32 gross (22.4 net) wells in Wyoming that were
drilled to total depth and cased.  No wells are scheduled to be
drilled in Utah or Pennsylvania during 2016.

Working capital deficit at March 31, 2016, was $3.6 billion
compared to working capital deficit of $76.1 million at March 31,
2015.  At March 31, 2016, the Company had $999.0 million in
outstanding borrowings, representing substantially all of the
remaining undrawn amount under the Credit Agreement.  As a result,
no material further extensions of credit are available under the
Credit Agreement.  In addition, the Company had $2.76 billion
outstanding in senior notes. Other long-term obligations of $177.6
million at March 31, 2016, were comprised of items payable in more
than one year, primarily related to production taxes and asset
retirement obligations.

Continued low oil and natural gas prices have had a significant
adverse impact on the Company's business, and, as a result of its
financial condition, substantial doubt exists that it will be able
to continue as a going concern.  As a result, the Company has
reclassified all of its total outstanding debt as short-term.  A
failure by the Company to comply with its financial covenants or to
comply with the other restrictions in its financing agreements may
result in reduced borrowing capacity or an event of a default under
the agreements governing our indebtedness, causing our debt
obligations under such financing agreements (and any other
indebtedness or contractual obligations to the extent linked to it
by reason of cross-default or cross-acceleration provisions) to
potentially become immediately due and payable.

At March 31, 2016, the Company has the following obligations
outstanding under the Credit Agreement, the 2018 Notes, the 2024
Notes, and the Senior Notes (maturity dates exclude the effect of
the default provisions):

  * $999.0 million due October 2016 under the Credit Agreement;

  * $450.0 million due December 2018 with respect to the 2018
    Notes;

  * $850.0 million due September 2024 with respect to the 2024
    Notes; and

  * $1.46 billion due between March 2016 and October 2025 with
    respect to the Senior Notes.

A $62.0 million maturity payment under one series of the Senior
Notes was due March 1, 2016 but was not paid.  This is not a
default under the MNPA during the forbearance period under the
Waiver Agreements.  However, because of the Company's financial
constraints and the significant level of its indebtedness compared
to its expected business performance, the Company does not expect
to pay this maturity before the forbearance period ends.  Once the
forbearance period under the Waiver Agreements ends, unless all of
the parties holding its Senior Notes grant a further waiver or
other relief related to this requirement, the Company's failure to
pay this maturity will become an Event of Default under the MNPA.

                           Going Concern

As disclosed in the Company's most recent Annual Report on Form
10-K, because low crude oil and natural gas prices during 2015 had
a significant adverse impact on its business and its financial
condition, substantial doubt exists that it will be able to
continue as a going concern.  Although crude oil and natural gas
prices have improved somewhat in recent weeks, product prices
continue to be historically low, the Company's financial condition
continues to be distressed, and substantial doubt continues to
exist that it will be able to continue as a going concern.  The
Company's ability to continue as a going concern is dependent on
many factors, including our ability to comply with the obligations
in its existing debt agreements, to obtain waivers or other relief
if it is unable to comply, and/or to be able to repay or replace
its indebtedness as it matures.  The Company can offer no assurance
that it will be able to obtain waivers or other relief, and the
Company does not expect to be able to comply with the obligations
and covenants in its debt agreements.  The Company also do not have
sufficient liquidity to repay its indebtedness if it is accelerated
and becomes immediately due and payable.

"Due to our current financial constraints, including the likelihood
of the occurrence of events of default under our debt agreements,
there is a substantial risk that it may be necessary for us to seek
protection from our creditors under Chapter 11 or the Canadian
Bankruptcy and Insolvency Act, or an involuntary petition for
bankruptcy may be filed against us in the U.S. or in Canada," the
Company said in the filing.

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

                       http://is.gd/hKpoee

                      About Ultra Petroleum

Ultra Petroleum Corp. is an independent oil and gas company engaged
in the development, production, operation, exploration and
acquisition of oil and natural gas properties.  The Company was
incorporated on Nov. 14, 1979, under the laws of the Province of
British Columbia, Canada.  Ultra remains a Canadian company, but
since March 2000, has operated under the laws of Yukon, Canada
pursuant to Section 190 of the Yukon Business Corporations Act. The
Company's principal business activities are developing its
long-life natural gas reserves in the Green River Basin of
southwest Wyoming -- the Pinedale and Jonah fields, its oil
reserves in the Uinta Basin in northeast Utah and its natural gas
reserves in the north-central Pennsylvania area of the Appalachian
Basin.

Ultra Petroleum reported a net loss of $3.2 billion on $839 million
of total operating revenues for the year ended Dec. 31, 2015,
compared to net income of $543 million on $1.23 billion of total
operating revenues for the year ended Dec. 31, 2014.

In its report on the consolidated financial statements for the year
ended Dec. 31, 2015, Ernst & Young LLP issued a "going concern"
qualification stating that the Company's maturing Credit Agreement
and debt covenant violation raise substantial doubt about the
Company's ability to continue as a going concern.


UPPER DECK INTERNATIONAL: Seeks Approval of Hasbro Settlement
-------------------------------------------------------------
Loes A. van Kooten-Hendriks, in her capacity as duly authorized
Insolvency Administrator and Foreign Representative of Debtor Upper
Deck International B.V., asks the U.S. Bankruptcy Court for the
Southern District of New York, to approve the Settlement Agreement
that she had executed with the Debtor's Secured Creditor, the
Brokers, and Hasbro, Inc.

The Foreign Representative relates that prior to the commencement
of the Chapter 15 proceeding, the Debtor and Hasbro entered into an
Underlying Agreement that, upon and subject to certain conditions
and limitations, triggered certain rights to payment.  She further
relates that a dispute arose over whether and to the extent such
conditions and limitations applied and as to the amount owed, and
as to the effects of the Dutch Insolvency Proceeding and events
related thereto upon the Underlying Agreement.  The Foreign
Representative asserts that the Settlement Agreement would resolve
all of these matters.

The Foreign Representative tells the Court that the Settlement
Agreement will enable payment by Hasbro of the amount the Foreign
Representative believes is or would become due from Hasbro in
respect of the Underlying Agreement.  She further tells the Court
that the proceeds will be paid directly to the Secured Creditor to
satisfy the Debtor's Dutch bankruptcy estate obligations to the
Secured Creditor.  She adds that in exchange, all Parties will give
and receive broad releases from each other, with the exception of
compliance with their obligations under the Settlement Agreement.

"The Settlement Agreement permits the Foreign Representative to
realize value on account of Hasbro’s payment obligations,
avoiding costly litigation regarding the existence and extent of
those obligations.  Payment would be made in exchange for releases
by the Parties, which will provide finality and closure to the
long-running disputes.  In addition, as the Settlement Agreement
would monetize the last-known assets of UDI within the territorial
jurisdiction of the United States, the Foreign Representative will
be in a position to close these Chapter 15 proceedings once
payments under the Settlement Agreement are made.  Approval of the
Settlement Agreement by this Court is an express condition to the
effectiveness of the Settlement Agreement and is a requirement by
Hasbro for its willingness to settle,” the Foreign Representative
contends.

Loes A. van Kooten-Hendriks, in her capacity as Foreign
Representative and Insolvency Administrator of Upper Deck
International B.V., is represented by:

          D. Farrington Yates, Esq.
          Oscar N. Pinkas, Esq.
          DENTONS US LLP
          1221 Avenue of the Americas
          New York, NY 10020
          Telephone: (212)768-6700
          Facsimile: (212)768-6800
          Email: farrington.yates@dentons.com
                 oscar.pinkas@dentons.com



VALEANT PHARMACEUTICALS: Incurs $292 Million Net Loss in 2015
-------------------------------------------------------------
Valeant Pharmaceuticals International, Inc., filed with the
Securities and Exchange Commission its annual report on Form 10-K
disclosing a net loss attributable to the Company of $291.7 million
on $10.44 billion of revenues for the year ended Dec. 31, 2015,
compared to net income attributable to the Company of $880.7
million on $8.20 billion of revenues for the year ended Dec. 31,
2014.

As of Dec. 31, 2015, Valeant had $48.96 billion in total assets,
$42.93 billion in total liabilities and $6.02 billion in total
equity.

The default under the Company's senior note indentures arising from
the failure to timely file the Form 10-K was cured in all respects
by the filing of this Form 10-K.  In addition, the Company remains
in full compliance with its credit agreement.

                     Ad Hoc Committee Review

As previously disclosed, on April 5, 2016, Valeant announced that
the Ad Hoc Committee had determined that its review was complete,
and that the AHC had not identified any additional items that would
require restatements beyond those required by matters previously
disclosed.  In addition, the Company announced that, given the
completion of the review by the AHC, the Company's Board of
Directors had determined to dissolve the AHC and that the 12
independent directors on the Board, including the members of the
Audit and Risk Committee, would assume oversight responsibility for
remaining work, including work associated with the completion of
the Company's current and restated financial statements and
disclosures, as well as its assessment of related internal controls
and remediation matters.

                     Impact of Restatement

As previously disclosed, the Company identified misstatements that
would reduce previously-reported fiscal year 2014 revenue by
approximately $58 million, net income attributable to Valeant by
approximately $33 million, and basic and diluted earnings per share
by $0.09 (as compared to the previously-reported amounts of $8,264
million for revenue, $914 million for net income attributable to
Valeant and $2.72 and $2.67 for basic and diluted earnings per
share respectively).  A substantial part of the earnings impact of
these misstatements reverses in the first quarter of 2015.  The
Company has also identified misstatements in the first quarter of
2015, consisting primarily of the reversing effect on earnings of
the 2014 misstatements, which would reduce revenue by approximately
$21 million (due to timing of recognition of managed care rebates),
increase net income attributable to Valeant by approximately $24
million and increase basic and diluted earnings per share by $0.07.


           Internal Control Over Financial Reporting and
               Disclosure Controls and Procedures

The Form 10-K also discloses management's determination that
internal control over financial reporting, as well as the Company's
disclosure controls and procedures, were not effective due to the
existence of material weaknesses.  

    Adjustments to Unaudited Fourth Quarter 2015 Results

On March 15, 2016, Valeant issued preliminary unaudited fourth
quarter results for 2015, including unaudited revenue of $2.8
billion and GAAP EPS of ($0.98).  As stated at that time, those
results were preliminary and unaudited.  As a result of ongoing
analysis and review, and finalization of the results for the fourth
quarter of 2015 by the Company, the Company has made adjustments to
revenue, GAAP EPS and Adjusted EPS (non-GAAP), resulting in revenue
of $2.8 billion, GAAP EPS of ($1.12) and Adjusted EPS (non-GAAP) of
$1.55.  The majority of the impact is attributed to adjustments
relating to the deferral of Addyi revenue, adjustments to the
returns reserve of Xifaxan, as well as several items, including
increased professional service fees and intellectual property
related adjustments, post March 15, 2016.

           Changes to Valeant's Non-GAAP Tax Reporting

Historically, in calculating adjusted (non-GAAP) net income and
EPS, Valeant has reported its non-cash tax adjustment (non-GAAP) on
Tables 2, 2A and 2B of the press tables by combining the tax
effects of non-GAAP adjustments and the use of tax attributes and
other timing issues.  This adjustment, representing roughly 5
percent of adjusted non-GAAP net income, approximates the actual
cash tax that Valeant paid each year.  Going forward, Valeant will
no longer include the tax effects from the use of tax attributes
and other timing issues, which will in turn raise the Company's
reported tax rate on non-GAAP net income.  This new reporting
metric has no change to either cash flow or actual taxes paid.
Tables 2, 2A and 2B of the press tables show the retroactive effect
of this new tax treatment on the Company's historical financial
statements in order to make them consistent with the current year
presentation.

                  Canadian Regulatory Matters

The Company also announced that it intends to file today its
audited annual financial statements for the year ended Dec. 31,
2015, the related management's discussion and analysis,
certificates of its CEO and CFO and the Form 10-K with the Canadian
Securities Administrators.  As a result, the previously announced
customary management cease trade orders issued on March 31, 2016 by
the Autorité des marchés financiers, the Company's principal
securities regulator in Canada, and by the Ontario Securities
Commission, respectively, are expected to be lifted or expire on or
about May 4, 2016, and the Company will no longer be required to
report under the alternative information guidelines set out in
National Policy 12-203 Cease Trade Orders for Continuous Disclosure
Defaults.

The MCTOs related to the trading in securities of the Company by
the Company's CEO, its CFO and each other member of the Company's
Board.  The MCTOs do not affect the ability of other shareholders
to trade in the securities of the Company.

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

                         http://is.gd/r2o5py

                            About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) --
http://www.valeant.com/-- is a
multinational specialty pharmaceutical company that develops,
manufactures and markets a broad range of pharmaceutical products
primarily in the areas of dermatology, gastrointestinal disorder,
eye health, neurology and branded generics.

                             *    *     *

Valeant carries a B2 Corporate Family Rating from Moody's
Investors Service.

As reported by the TCR on April 19, 2016, Standard & Poor's
Ratings Services said that it has lowered its corporate credit
ratings on Valeant Pharmaceuticals International Inc. to 'B' from
'B+' and placed both the corporate credit rating and the
issue-level ratings on CreditWatch with developing implications.


VALEANT PHARMACEUTICALS: Michael Pearson to Get $2M Annual Salary
-----------------------------------------------------------------
The Talent and Compensation Committee of the Board of Valeant
Pharmaceuticals International, Inc., approved on April 21, 2016, an
annual base salary for Michael J. Pearson of $2 million, effective
as of Jan. 1, 2016 (reinstating the annual base salary in effect
for Mr. Pearson prior to the employment agreement he entered into
with the Company on Jan. 7, 2015).  In addition, the Talent and
Compensation Committee of the Board approved an annual target bonus
opportunity for Mr. Pearson in respect of the 2016 fiscal year of
200% of annual base salary, 75% of which will be based on the
achievement of certain corporate performance metrics and 25% of
which will be based on Mr. Pearson's assistance with the transition
to the Company's new chief executive officer, as disclosed in a
regulatory filing with the Securities and Exchange Commission.

                           About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) is a
multinational specialty pharmaceutical company that develops,
manufactures and markets a broad range of pharmaceutical products
primarily in the areas of dermatology, gastrointestinal disorder,
eye health, neurology and branded generics.  More information about
Valeant can be found at www.valeant.com.

As of Sept. 30, 2015, Valeant had US$48.45 billion in total assets,
US$41.98 billion in total liabilities and US$6.46 billion in total
equity.

                        *    *     *

Valeant carries a B2 Corporate Family Rating from Moody's Investors
Service.

As reported by the TCR on April 19, 2016, Standard & Poor's Ratings
Services said that it has lowered its corporate credit ratings on
Valeant Pharmaceuticals International Inc. to 'B' from 'B+' and
placed both the corporate credit rating and the issue-level ratings
on CreditWatch with developing implications.


VALEANT PHARMACEUTICALS: Names Joseph Papa Chairman and CEO
-----------------------------------------------------------
Valeant Pharmaceuticals International, Inc. announced that its
Board of Directors has named Joseph C. Papa to become Valeant's
chairman and chief executive officer.  Mr. Papa is expected to join
Valeant by early May.  Mr. Papa will join Valeant from Perrigo
Company plc, a leading global healthcare supplier that develops,
manufactures and distributes over-the-counter (OTC) and
prescription (Rx) pharmaceuticals, where he served as chairman and
chief executive officer.  Mr. Papa, who will also join Valeant's
Board of Directors, will succeed J. Michael Pearson, who is
expected to remain as CEO and a director until Mr. Papa arrives at
Valeant.

Mr. Papa, 60, has more than 35 years of experience in the
pharmaceutical, healthcare services and specialty pharmaceutical
industries, including 20 years of branded prescription drug
experience.  Mr. Papa has been CEO of Perrigo since 2006 and was
appointed as Chairman of the Board of Directors of Perrigo in 2007.
During his tenure, he led dramatic and consistent growth across
the company, building it into a global leader with net sales of
more than $5 billion.  Prior to Perrigo, Mr. Papa served from
December 2004 to October 2006 as chairman and chief executive
officer of the Pharmaceutical and Technologies Services segment of
Cardinal Health, Inc.  From 2001 to 2004, he served as president
and chief operating officer of Watson Pharmaceuticals, Inc.  While
at Novartis and Pharmacia /Searle, he was responsible for
overseeing the successful launches of Diovan, Celebrex and Lotrel.

Robert Ingram, Chairman of the Board, stated, "The Board has
conducted a thorough search process and believes that Joe is the
ideal leader for Valeant at this time.  He has a strong shareholder
orientation, a background in science, and an unmatched track record
of accomplishments, highlighted by his ability to lead companies
through times of transition and drive excellence across commercial,
manufacturing and R&D platforms.  In addition, fostering an ethical
culture and creating opportunities for professional development
have always been high priorities for Joe, and we look forward to
Joe's arrival at Valeant."

"I am excited to take on the challenge of leading Valeant and
helping the company chart a new course," said Mr. Papa.  "Valeant
has world-class franchises, important treatments for patients
across numerous therapeutic areas and a very talented and dynamic
workforce, and I am confident that the company has a bright future
ahead.  We have an opportunity to move forward with a renewed focus
on operating with integrity across all areas of the business and
providing customers with safe and affordable products that improve
their lives."

Mr. Papa has held management positions at DuPont Pharmaceuticals,
Pharmacia Corporation, G.D. Searle & Company and Novartis AG.  Mr.
Papa serves as a director of Smith & Nephew, a developer of
advanced medical devices.  He is a graduate of the University of
Connecticut with a bachelor's degree in pharmacy and he earned his
MBA from Northwestern University's Kellogg Graduate School of
Management.

As disclosed in a regulatory filing with the Securities and
Exchange Commission, Mr. Papa will receive a base salary of
$1,500,000, a target annual bonus opportunity equal to 150% of his
base salary, and a maximum annual bonus opportunity equal to 200%
of his annual target bonus.  For 2016, seventy-five percent of Mr.
Papa's annual bonus opportunity will be based on the achievement of
corporate financial metrics and twenty-five percent of Mr. Papa's
annual bonus opportunity will be based on the achievement of
strategic metrics determined by the Talent and Compensation
Committee of the Board after consultation with Mr. Papa.

Mr. Papa will receive a cash payment from the Company equal to
$8,000,000 to compensate Mr. Papa for equity-based compensation he
forfeited in connection with the termination of his employment with
Perrigo, the after-tax amount of which must be repaid by Mr. Papa
to the Company if he voluntarily terminates his employment with the
Company without Good Reason or is terminated by the Company for
Cause during the first year of his employment with the Company.

Additional information is available at no charge at:

                      http://is.gd/xnQRsc

                         About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) is a
multinational specialty pharmaceutical company that develops,
manufactures and markets a broad range of pharmaceutical products
primarily in the areas of dermatology, gastrointestinal disorder,
eye health, neurology and branded generics.  More information about
Valeant can be found at www.valeant.com.

As of Sept. 30, 2015, Valeant had US$48.45 billion in total assets,
US$41.98 billion in total liabilities and US$6.46 billion in total
equity.

                        *    *     *

Valeant carries a B2 Corporate Family Rating from Moody's Investors
Service.

As reported by the TCR on April 19, 2016, Standard & Poor's Ratings
Services said that it has lowered its corporate credit ratings on
Valeant Pharmaceuticals International Inc. to 'B' from 'B+' and
placed both the corporate credit rating and the issue-level ratings
on CreditWatch with developing implications.


VESTIS RETAIL: Judge Orders Joint Administration of Cases
---------------------------------------------------------
A federal judge has ordered the joint administration of the Chapter
11 cases of Vestis Retail Group LLC and its five affiliates.

The order, issued by Judge Laurie Selber Silverstein of the U.S.
Bankruptcy Court in Delaware, granted the companies' request that
the cases be jointly administered under Case No. 16-10971.

                      About Vestis Group

Headquartered in Meriden, Connecticut, Vestis Retail Group, LLC, et
al., operate 144 retail stores, which are located in 15 states.
Bob's Stores operates 36 stores throughout New England, New York,
and New Jersey.  Eastern Mountain Sports operates 61 stores,
located primarily in the Northeastern states.  Sport Chalet
operates 47 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, www.bobstores.com,
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. 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 Laurie Selber Silverstein is assigned to the cases.


VIKING CONSTRUCTORS: Case Summary & 12 Unsecured Creditors
----------------------------------------------------------
Debtor: Viking Constructors, LLC
        PO Box 149
        Egegik, AK 99579-0149

Case No.: 16-00126

Chapter 11 Petition Date: May 2, 2016

Court: United States Bankruptcy Court
       District of Alaska (Anchorage)

Debtor's Counsel: Erik LeRoy, Esq.
                  ERIK LEROY
                  500 L Street, Suite 302
                  Anchorage, AK 99501
                  Tel: (907) 277-2006
                  E-mail: erik@alaskanbankruptcy.com

Total Assets: $1.94 million

Total Liabilities: $526,157

The petition was signed by Ken Bozinoff, managing member.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/akb16-00126.pdf


WARNER MUSIC: Approves New Director Compensation
------------------------------------------------
The Board of Directors of Warner Music Group Corp. and the
Company's shareholders approved new director compensation for
Noreena Hertz, Ynon Kreiz, Tom Lee and Oliver Slipper, in their
capacity as members of the Board, through payment and remittance of
annual fees in the amount of $75,000 per annum to be paid quarterly
in arrears and remitted in equal amounts (pro rated for any period
of less than full service) on the last day of each fiscal quarter,
effective as of Oct. 1, 2015, for each of Ms. Hertz, Mr. Lee and
Mr. Slipper, and effective as of April 28, 2016, for Mr. Kreiz.

                    About Warner Music Group

Based in New York, Warner Music Group Corp. (NYSE: WMG)
-- http://www.wmg.com/-- was formed by a private equity
consortium of investors on Nov. 21, 2003.  The Company is the
direct parent of WMG Holdings Corp., which is the direct parent of
WMG Acquisition Corp.  WMG Acquisition Corp. is one of the world's
major music-based content companies and the successor to
substantially all of the interests of the recorded music and music
publishing businesses of Time Warner Inc.

The Company classifies its business interests into two fundamental
operations: Recorded Music and Music Publishing.  The Company's
Recorded Music business primarily consists of the discovery and
development of artists and the related marketing, distribution and
licensing of recorded music produced by such artists.  The
Company's Music Publishing operations include Warner/Chappell, its
global Music Publishing company, headquartered in New York with
operations in over 50 countries through various subsidiaries,
affiliates and non-affiliated licensees.

In May 2011, Warner Music Group Corp. and Access Industries, the
U.S.-based industrial group, announced the execution of a
definitive merger agreement under which Access Industries will
acquire WMG in an all-cash transaction valued at $3.3 billion.
The purchase includes WMG's entire recorded music and music
publishing businesses.

On July 20, 2011, the Company notified the New York Stock
Exchange, Inc., of its intent to remove the Company's common stock
from listing on the NYSE and requested that the NYSE file with the
SEC an application on Form 25 to report the delisting of the
Company's common stock from the NYSE.  On July 21, 2011, in
accordance with the Company's request, the NYSE filed the Form 25
with the SEC in order to provide notification of that delisting
and to effect the deregistration of the Company's common stock
under Section 12(b) of the Securities Exchange Act of 1934, as
amended.  On August 2, 2011, the Company filed a Form 15 with the
SEC in order to provide notification of a suspension of its duty
to file reports under Section 15(d) of the Exchange Act.  The
Company continues to file reports with the SEC pursuant to the
Exchange Act in accordance with certain covenants contained in the
instruments governing the Company's outstanding indebtedness.

Warner Music reported a net loss attributable to the Company of $91
million on $2.96 billion of revenues for the fiscal year ended
Sept. 30, 2015, compared to a net loss attributable to the Company
of $308 million on $3.02 billion of revenues for the fiscal year
ended Sept. 30, 2014.

As of Dec. 31, 2015, the Company had $5.61 billion in total assets,
$5.37 billion in total liabilities and $239 million in total
equity.

                           *    *     *

As reported by the TCR on Oct. 23, 2015, Standard & Poor's Ratings
Services lowered its corporate credit rating on New York City-based
Warner Music Group Corp. (WMG) to 'B' from 'B+'.  "The downgrades
reflect our expectations that WMG's adjusted leverage will remain
elevated for the next two years -- above our 5x threshold for the
'B+' corporate credit rating," said Standard & Poor's credit
analyst Naveen Sarma.


WARNER MUSIC: Elects Ynon Kreiz to Board of Directors
-----------------------------------------------------
Warner Music Group Corp. announced the election of Ynon Kreiz to
the Company's Board of Directors.  With this appointment, the WMG
Board increases from 11 to 12 members.

Len Blavatnik, chairman & founder of Access Industries, commented:
"Ynon's global perspective and proven track record of innovation in
the entertainment and media space make him ideally suited to join
the WMG Board."

Steve Cooper, CEO of WMG, noted: "I am very pleased to welcome Ynon
to our Board.  With his extensive experience in founding, running,
and advising companies in a spectrum of arenas - including digital
content development, video and TV production and distribution, and
online and interactive programming - he will be an expert voice as
we continue to find new ways to grow our business and nurture the
careers of our artists and songwriters."

Ynon Kreiz most recently served as executive chairman, CEO and
president of Maker Studios, the global leader in short-form video
and the largest content network on YouTube, which was acquired by
the Walt Disney Company in 2014.  From 2008 to 2011, he was
Chairman and CEO of Endemol Group B.V., the Netherlands-based
global television and digital production company.  During his
tenure, the company strengthened its creative output and
diversified its lines of business.  From 2005 to 2008, Kreiz was a
General Partner of Benchmark Capital (Balderton Capital).  In 1996,
Kreiz co-founded Jetix Europe (Fox Kids Europe), where he served as
Chairman, President and CEO until 2002.  Under his management, Fox
Kids Europe (FKE) became a leading pan-European integrated
children's entertainment company and was listed on the Euronext
Stock Exchange in Amsterdam in 1999.

Kreiz received a B.A. in Economics and Management in 1991 from Tel
Aviv University and an M.B.A. from UCLA's Anderson School of
Management in 1993.



                   About Warner Music Group

Based in New York, Warner Music Group Corp. (NYSE: WMG)
-- http://www.wmg.com/-- was formed by a private equity
consortium of investors on Nov. 21, 2003.  The Company is the
direct parent of WMG Holdings Corp., which is the direct parent of
WMG Acquisition Corp.  WMG Acquisition Corp. is one of the world's
major music-based content companies and the successor to
substantially all of the interests of the recorded music and music
publishing businesses of Time Warner Inc.

The Company classifies its business interests into two fundamental
operations: Recorded Music and Music Publishing.  The Company's
Recorded Music business primarily consists of the discovery and
development of artists and the related marketing, distribution and
licensing of recorded music produced by such artists.  The
Company's Music Publishing operations include Warner/Chappell, its
global Music Publishing company, headquartered in New York with
operations in over 50 countries through various subsidiaries,
affiliates and non-affiliated licensees.

In May 2011, Warner Music Group Corp. and Access Industries, the
U.S.-based industrial group, announced the execution of a
definitive merger agreement under which Access Industries will
acquire WMG in an all-cash transaction valued at $3.3 billion.
The purchase includes WMG's entire recorded music and music
publishing businesses.

On July 20, 2011, the Company notified the New York Stock
Exchange, Inc., of its intent to remove the Company's common stock
from listing on the NYSE and requested that the NYSE file with the
SEC an application on Form 25 to report the delisting of the
Company's common stock from the NYSE.  On July 21, 2011, in
accordance with the Company's request, the NYSE filed the Form 25
with the SEC in order to provide notification of that delisting
and to effect the deregistration of the Company's common stock
under Section 12(b) of the Securities Exchange Act of 1934, as
amended.  On August 2, 2011, the Company filed a Form 15 with the
SEC in order to provide notification of a suspension of its duty
to file reports under Section 15(d) of the Exchange Act.  The
Company continues to file reports with the SEC pursuant to the
Exchange Act in accordance with certain covenants contained in the
instruments governing the Company's outstanding indebtedness.

Warner Music reported a net loss attributable to the Company of $91
million on $2.96 billion of revenues for the fiscal year ended
Sept. 30, 2015, compared to a net loss attributable to the Company
of $308 million on $3.02 billion of revenues for the fiscal year
ended Sept. 30, 2014.

As of Dec. 31, 2015, the Company had $5.61 billion in total assets,
$5.37 billion in total liabilities and $239 million in total
equity.

                           *    *     *

As reported by the TCR on Oct. 23, 2015, Standard & Poor's Ratings
Services lowered its corporate credit rating on New York City-based
Warner Music Group Corp. (WMG) to 'B' from 'B+'.  "The downgrades
reflect our expectations that WMG's adjusted
leverage will remain elevated for the next two years -- above our
5x threshold for the 'B+' corporate credit rating," said Standard &
Poor's credit analyst Naveen Sarma.


WHITING PETROLEUM: Reports Q1 2016 Financial & Operating Results
----------------------------------------------------------------
Whiting Petroleum Corporation reported a net loss of $172 million
on $292 million of total revenues and other income for the three
months ended March 31, 2016, compared to a net loss of $106 million
on $529.23 million of total revenues and other income for the same
period in 2015.

As of March 31, 2016, Whiting had $11.2 billion in total assets,
$6.58 billion in total liabilities and $4.59 billion in total
equity.

Whiting's production in the first quarter 2016 totaled 13.4 million
barrels of oil equivalent (MMBOE), an average of 146,770 barrels of
oil equivalent per day (BOE/d), which was comprised of 87% crude
oil/natural gas liquids (NGLs).

James J. Volker, Whiting's chairman, president and CEO, commented,
"During the first quarter, we improved our balance sheet and
increased capital efficiency.  We exchanged $477 million of bond
debt into convertible debt, which should further strengthen our
financial position.  In the Williston Basin, we established a
participation agreement pursuant to which our partner pays 65% of
well costs to earn a 50% working interest in 44 wellbores in our
2016 program.  Because of this agreement, we plan to complete 44
additional wells in the Williston Basin in 2016 and are increasing
our 2016 production forecast without changing our capital
expenditure guidance."

Mr. Volker continued, "On the operations side, enhanced completions
continue to generate top-tier results in the Williston Basin.  Our
most recent completions in Williams County achieved 60-day rates
more than double comparable offset wells.  At our Redtail prospect,
our new well design has reduced drilling times by 50% to 4.44 days
with our best well coming in at 2.79 days."

                  Bakken Participation Agreement
                  Enhances Capital Productivity

On April 14, 2016, Whiting entered into a wellbore participation
agreement with a private party who will pay 65% of drilling and
completion costs to earn a 50% working interest in 44 gross
Williston Basin wells.  This includes a $30.7 million cash payment
that Whiting received in April for wells already in progress.
Under this agreement, Whiting will continue to run two drilling
rigs and will add a completion crew.  With this participation
agreement, Whiting plans to add production and proved reserves with
no increase to its capex budget.

                Increasing Production Forecast;
           No Change to $500 Million Capex Guidance

Whiting is increasing its production forecast to a range of 131,400
BOE/d to 136,900 BOE/d to account for its new Williston Basin
participation agreement.  With the majority of completions
scheduled for the second half of the year, the Company expects to
realize the full production benefit in late 2016 and 2017.

Whiting's 2016 capital expenditure guidance remains unchanged at
$500 million.  The first quarter capital spending trend was
consistent with the Company's plan to concentrate activity in the
first half of the year.  The net effect of its Williston Basin
participation agreement on 2016 capital spending is neutral.  The
capital expenditures to complete 44 additional wells with a 50%
working interest where Whiting pays 35% of well costs, versus
drilling and not completing wells with a 100% working interest, is
approximately equal.  Whiting now projects it will have
approximately 30 Bakken/Three Forks drilled uncompleted (DUC) wells
at year-end.

                       Operations Update

In the first quarter 2016, total net production for the Company
averaged 146,770 BOE/d.  The Williston Basin Bakken/Three Forks
play averaged 124,900 BOE/d and the Redtail Niobrara play in the DJ
Basin averaged 11,840 BOE/d.  Whiting controls 756,225 gross
(445,921 net) acres in the Williston Basin and 158,443 gross
(131,185 net) acres at its Redtail Niobrara play.

Enhanced completions continue to increase productivity in Williston
Basin.  On January 6, 2016, Whiting completed the P Earl
Rennerfeldt 154-99-2-3-27-2H in the Middle Bakken formation and the
P Earl Rennerfeldt 154-99-2-3-10-15H3 in the Three Forks formation.
Both wells are located in Williams County, North Dakota and were
completed with approximately 40 stages, 6.8 million pounds of sand
and employed diverter agents to isolate fracture zones along the
wellbore.  The P Earl Rennerfeldt 154-99-2-3-27-2H had an average
60-day production rate of 1,501 BOE/d, 232% better than the average
rate for the four offset wells drilled by Kodiak using older
technology.  The P Earl Rennerfeldt 154-99-2-3-10-15H3 had an
average 60-day production rate of 904 BOE/d, 124% better than the
average rate for the six offset wells drilled by Kodiak using older
technology.  Whiting has 1,777 potential gross drilling locations
in Williams County.

New wellbore design reduces Redtail Niobrara drilling costs. At the
Redtail field where Whiting targets the Niobrara "A", "B", "C" and
Codell/Fort Hays formations, the Company has implemented a new
wellbore configuration.  The new well design eliminates the need
for an intermediate casing string by cementing 5 1/2 inch casing
from surface to total depth.  This reduced the average first
quarter 2016 drilling time for a 7,000 foot lateral to 4.44 days, a
50% decrease from the first quarter 2015.  Whiting's record
drilling time now stands at 2.79 days.

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

                        http://is.gd/uOwagM

                      About Whiting Petroleum

Whiting Petroleum Corporation is an independent oil and gas company
engaged in development, production, acquisition and exploration
activities primarily in the Rocky Mountains and Permian Basin
regions of the United States.

Whiting Petroleum reported a net loss available to common
shareholders of $2.21 billion on $2.05 billion of total revenues
and other income for the year ended Dec. 31, 2015, compared to net
income available to common shareholders of $64.80 million on $3.08
billion of total revenues and other income for the year ended
Dec. 31, 2014.


[*] Suit Accuses PACER of Milking Public for Access
---------------------------------------------------
David Kravets, writing for ARS Technica, reported that the
federally run online court document access system known as PACER
now finds itself listed on a federal docket. Its overseer, the US
government, is a defendant in a proposed class-action lawsuit
accusing the service of overcharging the public.

According to the report, the suit, brought by three nonprofits on
April 28, claims millions of dollars generated from a recent
25-percent increase in page fees are being illegally spent by the
Administrative Office of the Courts (AO).  The cost for access is
10 cents per page and up to $3 a document, while judicial opinions
are free, the report noted.  This isn't likely to break the bank
for some, but to others it adds up and can preclude access to
public records, the report pointed out.

The National Consumer Law Center, the Alliance for Justice, and the
National Veterans Legal Services Program also claim in the lawsuit
that these fees are illegal because the government is charging more
than necessary to keep the PACER system afloat (as is required by
Congress), the report said.

"Rather than reduce the fees to cover only the costs incurred, the
AO instead decided to use the extra revenue to subsidize other
information-technology-related projects -- a mission creep that
only grew worse over time," the report cited the suit as saying.
Citing government records, the suit says that by the end of 2006,
the judiciary's information-technology fund had accumulated a
surplus of $150 million with $32 million from PACER fees, the
report related.  When fees were increased to 10 cents a page in
2012, the amount of income from PACER increased to $145 million,
"much of which was earmarked for other purposes such as courtroom
technology, websites for jurors, and bankruptcy notification
systems," according to the suit, the report further related.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
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firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***