TCR_Public/160511.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 11, 2016, Vol. 20, No. 132

                            Headlines

ALLEGHENY TECHNOLOGIES: Egan-Jones Cuts Sr. Unsec. Ratings to B-
ALLIED CONSOLIDATED: U.S. Trustee Forms 3-Member Committee
ALLIED NEVADA: B. Tuttle's Appeal to Proceed Through Appellate Way
ALPHA NATURAL: U.S. Trustee Objects to Restructuring Plan
AMERICAN AXLE: Posts $61.1 Million Net Income for First Quarter

AMERICAN AXLE: Stockholders Elect Two Directors
API TECHNOLOGIES: Suspending Filing of Reports with SEC
ASHLAND INC: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
ASPECT SOFTWARE: Plan Confirmation Hearing Set for May 24
ATLANTIC CITY, NJ: May Be Days Away from Bankruptcy, Sweeney Says

B & L EXCAVATING: U.S. Trustee Unable to Appoint Committee
BOYD GAMING: Egan-Jones Hikes Sr. Unsecured Rating to B-
BUILDERS FIRSTSOURCE: Incurs $17-Mil. Net Loss in First Quarter
CAESARS ENTERTAINMENT: Creditors Get More Time to Assess Plan
CAESARS ENTERTAINMENT: Hires Former Bankruptcy Judge as CRO

CENTRAL BEEF IND: Hires Buchanan Ingersoll as Environmental Atty
CHC GROUP: Can Hire KCC as Claims and Noticing Agent
CHC GROUP: Court Directs Joint Administration of Cases
CHC GROUP: Court Grants 16-Day Extension to File Schedules
CIRCUIT CITY: Court Denies Bids to Dismiss Suit vs. Calif. Fund

COLE HAAN: Moody's Changes Outlook to Negative & Affirms B3 CFR
COLUMBIA HOSPITALITY: Wants to Use Private Capital Cash Collateral
DELTIC TIMBER: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
DIOCESE OF GALLUP: Confirmation Hearing Scheduled for June 21
DISH NETWORK: Egan-Jones Hikes Sr. Unsecured Rating to BB-

DUNKIN' BRANDS: Egan-Jones Cuts FC Unsecured Debt Rating to BB-
E Z MAILING: Houston Landlords Oppose Lease Extension Request
EAST AFRICAN DRILLING: U.S. Trustee Unable to Appoint Committee
FAIRWAY GROUP: Court OKs Prime Clerk as Claims and Noticing Agent
FAIRWAY GROUP: Court Orders Joint Administration of Cases

FAIRWAY GROUP: Has Until July 1 to File Schedules & Statements
FINJAN HOLDINGS: Awards 200,000 RSUs to Gary Moore
FMC TECHNOLOGIES: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
FRONTLINE RECOVERY: U.S. Trustee Unable to Appoint Committee
GETTYSBURG CONNECTION: Plan Solicitation Period Extended to July 6

GMI USA: Proposes to Set May 20 Claims Bar Date
GREGORY REDFORD: Wants Exclusive Plan Filing Extended to June 24
HANCOCK FABRICS: Asks Court to Extend Plan Exclusivity to Oct. 3
HARGREAVES ASSOCIATES: Has Until Sept. 13 to Exclusively File Plan
HELPING HANDS: Wants July 6 Deadline for Exclusive Plan Filing

HEXION INC: Approves 2016 Cash-Based Long-Term Incentive Award
HHH CHOICES: Seeks July 6, 2016 Exclusivity Period Extension
HUSKY ENERGY: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
HUTCHESON MEDICAL: Wins 10th Interim Order to Use Cash Collateral
HYPNOTIC TAXI: Panel Hires Diconza Traurig Kadish LLP as Counsel

IBT INTERNATIONAL: Seeks Dismissal of Involuntary Petition
JAMES M. SCOTT: Court Extends Exclusive Plan Filing Until June 15
JUMIO INC: Wins Court Approval of Sale to Centana
LANDMARK PROPERTIES: Voluntary Chapter 11 Case Summary
LIFE CARE: U.S. Trustee to Hold 341 Meeting Today

LOUISIANA PELLETS: Has Final Authority to Obtain $22-Mil. Loan
LUPATECH SA: Chapter 15 Recognition Hearing Slated for May 25
MAGNOLIA BREWING: Asks Court to Extend Plan Exclusivity to Aug. 26
MAGNUM HUNTER: Third Amended Joint Plan Declared Effective
MGM RESORTS: Posts $66.8 Million Net Income for First Quarter

MIDWAY GOLD: Court Extends Plan Exclusivity to June 16
MPH ACQUISITION: Moody's Puts B2 CFR Under Review for Downgrade
NATURAL MOLECULAR: Redmond Allowed to Foreclose on Wash. Property
NORANDA ALUMINUM: Royce & Assoc. No Longer Holds Equity Stake
NORFE GROUP: PRAPI Asks Court to Lift Stay to Proceed Foreclosure

OCEANEERING INT'L: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
PACIFIC SUNWEAR: May Move Forward With Auction Process
PARAGON OFFSHORE: Noble Corp. to Provide Direct Bonding
PEABODY ENERGY: May 17 Hearing on DIP Loan, Securitization Program
PEABODY ENERGY: NYSE to Cancel Shares from Trading on May 16

PEABODY ENERGY: Posts $165 Million Net Loss for 2016 Q1
PICKETT BROTHERS: Case Summary & 6 Unsecured Creditors
PICO HOLDINGS: Activist Bloggers Mock Form 10-K/A
PIONEER HEALTH: Amends Bid to Employ HMP as Financial Advisor
PIONEER HEALTH: Court Enters Order on Filing of Proofs of Claim

PIONEER HEALTH: Wins OK for Administrative Consolidation of Cases
POTLATCH CORP: Moody's Lowers Sr. Unsecured Debt Rating to Ba1
PUERTO RICO: Seeking to Sell Water Bonds Even as Crisis Worsens
RADNOR HOLDINGS: Court Dismisses Suit vs. Skadden Arps, et al.
SANJEL (USA): U.S. Business Assets Sale to Liberty Oilfield Sought

SANTA CRUZ BERRY: Wants May 15 Administrative Claim Bar Date Set
SCIENTIFIC GAMES: Incurs $92.3 Million Net Loss in First Quarter
SCURRY COUNTY: Moody's Lowers Rating on GO Tax Bonds to Ba2
SENSUS USA: Moody's Raises CFR to B2 & Changes Outlook to Stable
SFX ENTERTAINMENT: May 23 Auction of Substantially All Assets

SH 130 CONCESSION: Allowed to Hire Bracewell as Special Counsel
SHERWIN ALUMINA: Exclusive Plan Filing Period Extended to Aug. 30
SILGAN HOLDINGS: Egan-Jones Cuts Sr. Unsecured Rating to BB
SONIC AUTOMOTIVE: Egan-Jones Cuts LC Sr. Unsecured Rating to BB
SOUNDVIEW ELITE: Order Denying Bid to Remove Trustee Affirmed

SOUTHERN REGIONAL HEALTH: Wants June 30 Admin. Claims Bar Date
SPORTS AUTHORITY: Appeals Order Denying Sale of Consigned Goods
SPORTS AUTHORITY: Asks Judge to Extend Deadline to Remove Suits
STANFORD GROUP: Ponzi Victims in $35-Mil. Settlement with NY Firm
STEVE'S EQUIPMENT: Case Summary & 8 Unsecured Creditors

STEVE'S EQUIPMENT: Wants to Use Secured Lender's Cash Collateral
SUNEDISON INC: Hires McKinsey RTS as Restructuring Advisor
SUNEDISON INC: Hires PwC as Financial Advisors
SUNEDISON INC: NYSE to Cancel Shares from Trading on May 17
SUNEDISON INC: Terms of CRO Dubel's Employment Disclosed

SUNEDISON INC: Vivint Solar To Take Part in Ch. 11 Case
TATOES LLC: Hires Paul H. Williams as Attorney
TATOES LLC: Panel Hires Southwell & O’Rourke as Attorneys
TEXAS PELLETS: Taps Searcy & Searcy as Co-counsel
ULTRA PETROLEUM: Egan-Jones Cuts Debt Ratings to D

USG CORP: Egan-Jones Hikes Sr. Unsecured Rating to BB-
VALEANT PHARMACEUTICALS: Joseph Papa Assumes Chairman & CEO Roles
WARNER MUSIC: Posts $11 Million Net Income for Second Quarter
WELCH MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors
YORK RISK: S&P Lowers CCR to 'B-', Outlook Stable

[*] Coal Industry Struggles with Structural Decline, Moody's Says

                            *********

ALLEGHENY TECHNOLOGIES: Egan-Jones Cuts Sr. Unsec. Ratings to B-
----------------------------------------------------------------
Egan-Jones Ratings Company lowered the senior unsecured ratings on
debt issued by Allegheny Technologies Inc. to B- on May 3, 2016.  

Allegheny Technologies, Inc., produces specialty materials.  The
Company's products include titanium and titanium alloys,
nickel-based alloys and superalloys, zirconium, hafnium and
niobium, stainless and specialty steel alloys, grain-oriented
electrical steel, tungsten-based materials and cutting tools,
carbon alloy impression die forgings, and large grey and ductile
iron.


ALLIED CONSOLIDATED: U.S. Trustee Forms 3-Member Committee
----------------------------------------------------------
The U.S. trustee for Region 9 on May 9 appointed three creditors of
Allied Consolidated Industries Inc. to serve on the official
committee of unsecured creditors.

The committee members are:

     (1) Gleason and Associates P.C.
         c/o William G. Krieger
         One Gateway Center
         Suite 525
         Pittsburgh PA 15222
         Phone: (412) 391-5404
         Fax: (412) 391-1192
         (Temporary Chairperson)

     (2) Hader-Seitz Inc.
         c/o Paul Piotrowski
         P O Box 510260
         15600 W. Lincoln Ave.
         New Berlin WI 53151
         Phone: (262) 641-8003
         Fax: (262) 641-6010

     (3) Starlite Diversified Inc.
         c/o Mark Fisher
         16465 McMath Ave.
         Meadville PA 16335
         Phone: (814) 724-8637
         Fax: (814) 724-8651

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

                    About Allied Consolidated

Allied Consolidated Industries Inc. sought protection under Chapter
11 of the Bankruptcy Code in the Northern District of Ohio
(Youngstown) (Case No. 16-40675) on April 13, 2016.  The petition
was signed by John R. Ramun, president.

The Debtor is represented by Melissa M. Macejko, Esq., at Suhar &
Macejko, LLC. The case is assigned to Judge Kay Woods.

The Debtor estimated both assets and liabilities in the range of $0
to $50,000.


ALLIED NEVADA: B. Tuttle's Appeal to Proceed Through Appellate Way
------------------------------------------------------------------
Judge Sue L. Robinson of the United States District Court for the
District of Delaware accepted the recommendation from Chief
Magistrate Judge Mary Pat Thynge that the case styled The civil
case is BRIAN TUTTLE, Appellant, v. ALLIED NEVADA GOLD CORP.,
Appellee, Civ. No. 16-58-SLR (D. Del.), be withdrawn from the
mandatory referral for mediation and proceed through the appellate
process of the court.

Briefing on this bankruptcy appeal will proceed in accordance with
the following schedule:

   1. Appellant's brief in support of the appeal is due on or
before May 20, 2016.

   2. Appellee's brief in opposition to the appeal is due on or
before June 20, 2016.

   3. Appellant's reply brief is due on or before July 6, 2016

A full-text copy of the Order dated April 19, 2016, is available at
http://is.gd/S53a51from Leagle.com.

The bankruptcy case In re: ALLIED NEVADA GOLD CORP., et al.,
Debtors. Chapter 11,  Bk. No. 15-10503 (MFW)(Bankr. D. Del.).

Brian Tuttle, Appellant, Pro Se.

Allied Nevada Gold Corp., Appellee, is represented by Michael D.
DeBaecke, Esq. -- Debaecke@BlankRome.com -- Blank Rome LLP &
Stanley Byron Tarr, Esq. -- Tarr@BlankRome.com -- Blank Rome LLP.

United States Trustee, Appellee, represented by Natalie M. Cox,
U.S. Department of Justice & Robert J. Schneider, Jr., U.S.
Department of Justice - U.S. Trustee.

                   About Allied Nevada

Allied Nevada Gold Corp. ("ANV"), a Delaware corporation, is a
publicly traded U.S.-based gold and silver producer engaged in
mining, developing and exploring properties in the State of
Nevada.

ANV was spun off from Vista Gold Corp. in 2006 and began
Operations in May 2007.  Nevada-based mining properties acquired
from Vista include the Hycroft Mine, an open-pit heap leach
operation located 54 miles west of Winnemucca, Nevada.  ANV
controls 75 exploration properties throughout Nevada as of Dec.
31,
2014.

On March 10, 2015, ANV and 13 affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The cases are jointly administered under
Lead Case No. 15-10503.  The cases are assigned to Judge Mary F.
Walrath.

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

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

BankruptcyData reported that Allied Nevada Gold's Amended Joint
Chapter 11 Plan of Reorganization became effective and the Company
emerged from Chapter 11 protection.

The Court confirmed the Plan on Oct. 8, 2015.  Highlights of the
Plan include the following: As a result of the financial
restructuring, the Company eliminated approximately $447.7 million
of debt and related interest payments from its balance sheet.  The
Company closed two financings: a $126.7 million first lien term
loan credit agreement and $95 million of second lien convertible
notes.  The credit agreement proceeds were used to repay the
Company's outstanding loan obligations related to its revolving
credit agreement and the amounts owed under the Company's diesel
and cross-currency swap arrangements.


ALPHA NATURAL: U.S. Trustee Objects to Restructuring Plan
---------------------------------------------------------
Tracy Rucinski, writing for Reuters, reported that the
restructuring plan of bankrupt Alpha Natural Resources could be
held up because a unit of consulting firm McKinsey & Co. failed to
fully disclose connections with potential buyers of the coal
miner's assets, a U.S bankruptcy watchdog warned.

According to the report, Alpha hired McKinsey Recovery &
Transformation Services to lead its turnaround plan after filing
for bankruptcy in August, hit by a sharp drop in coal prices.

The Office of the U.S. Trustee, a government watchdog that polices
conflicts in bankruptcy, said in a court filing that McKinsey RTS
has not disclosed the names or nature of its connections to Alpha's
lenders, creditors and competitors as required by bankruptcy law,
the report related.  In the filing, the U.S. Trustee said the lack
of full disclosures may "cast a cloud" over Alpha's restructuring
strategy, the report further related.

                  About Alpha Natural Resources

Headquartered in Bristol, Virginia, Alpha Natural --
http://www.alphanr.com-- is a coal supplier, ranked second largest


among publicly traded U.S. coal producers as measured by 2014
consolidated revenues of $4.3 billion.  As of August 2015, Alpha
had 8,000 full time employees across many different states, with
UMWA representing 1,000 of the employees.

Alpha Natural Resources, Inc. (Bankr. E.D. Va. Case No. 15-33896)
and its affiliates filed separate Chapter 11 bankruptcy petitions
on Aug. 3, 2015, listing $9.9 billion in total assets as of June
30, 2015, and $7.3 billion in total liabilities as of June 30,
2015.

The petitions were signed by Richard H. Verheij, executive vice
president, general counsel and corporate secretary.

Judge Kevin R. Huennekens presides over the cases.

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

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

Kurtzman Carson Consultants, LLC, is the Debtors' claims and
noticing agent.

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors. Dennis F. Dunne, Esq., Evan R. Fleck, Esq.,
and Eric K. Stodola, Esq., at Milbank, Tweed, Hadley & McCloy LLP;
and William A. Gray, Esq., W. Ashley Burgess, Esq., and Roy M.
Terry, Jr., Esq. at Sands Anderson PC, represent the Committee.

                            *     *     *

Alpha Natural Resources, Inc. on March 8 disclosed that it has
filed a proposed Chapter 11 Plan of Reorganization and a related
Disclosure Statement with the United States Bankruptcy Court for
the Eastern District of Virginia.  Together with the motion
seeking
approval of a marketing process for Alpha's core operating assets,
these filings provide for the sale of Alpha's assets, detail a
path
toward the resolution of all creditor claims, and anticipate the
emergence of a streamlined and sustainable reorganized company
able
to satisfy its environmental obligations on an ongoing basis.

By selling certain assets as a going concern and restructuring the
company's remaining assets into a reorganized Alpha, the company
is
able to provide maximum recovery to its creditors, while
preserving
jobs and putting itself in the best position to meet its
reclamation obligations.  This path will allow for a conclusion of
Alpha's bankruptcy proceedings by June 30, 2016.


AMERICAN AXLE: Posts $61.1 Million Net Income for First Quarter
---------------------------------------------------------------
American Axle & Manufacturing Holdings, Inc., filed with the
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing net income of $61.1 million on $969.2 million of
net sales for the three months ended March 31, 2016, compared to
net income of $53.2 million on $969.1 million of net sales for the
same period in 2015.

As of March 31, 2016, American Axle had $3.30 billion in total
assets, $2.91 billion in total liabilities and $386.9 million in
total stockholders' equity.

"Our strong first quarter financial results position AAM to achieve
our full year 2016 financial targets," said David C. Dauch, AAM's
chairman and chief executive officer.  "As we look forward to the
remainder of 2016, we remain focused on supporting the launch of
programs in our new business backlog and advancing AAM's product
technology to drive long-term profitable growth and shareholder
value."

Non-GM sales were $323.2 million in the first quarter of 2016 as
compared to $328.9 million in the first quarter of 2015.

AAM's content-per-vehicle is measured by the dollar value of its
product sales supporting the Company's customers' North American
light truck and SUV programs.  In the first quarter of 2016, AAM's
content-per-vehicle was $1,611 as compared to $1,676 in the first
quarter of 2015.

AAM's gross profit in the first quarter of 2016 increased $21.2
million to $174.0 million, or 18.0% of sales, as compared to $152.8
million, or 15.8% of sales, in the first quarter of 2015.

AAM's SG&A spending in the first quarter of 2016 was $75.6 million,
or 7.8% of sales, as compared to $68.5 million, or 7.1% of sales,
in the first quarter of 2015.  AAM's R&D spending in the first
quarter of 2016 was $30.9 million as compared to $27.3 million in
the first quarter of 2015.

AAM defines EBITDA to be earnings before interest, income taxes,
depreciation and amortization.  In the first quarter of 2016, AAM's
EBITDA was $149.8 million, or 15.5% of sales, as compared to $137.5
million, or 14.2% of sales, in the first quarter of 2015.

AAM defines free cash flow to be net cash provided by operating
activities less capital expenditures net of proceeds from the sale
of property, plant and equipment.

Net cash provided by operating activities for the first quarter of
2016 was $26.2 million.  Capital spending, net of proceeds from the
sale of property, plant and equipment, for the first quarter of
2016 was $50.0 million.  Reflecting the impact of this activity,
AAM's free cash flow was a use of $23.8 million for the first
quarter of 2016.

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

                      https://is.gd/IAgC60

                       About American Axle

Headquartered in Detroit, Michigan, American Axle & Manufacturing
Holdings Inc. (NYSE: AXL) -- http://www.aam.com/-- manufactures,
engineers, designs and validates driveline and drivetrain systems
and related components and chassis modules for light trucks, sport
utility vehicles, passenger cars, crossover vehicles and
commercial vehicles.

American Axle reported net income of $235.6 million on $3.90
billion of net sales for the year ended Dec. 31, 2015, compared to
net income of $143 million on $3.69 billion of net sales for the
year ended Dec. 31, 2014.

                           *     *     *

As reported by the TCR on March 3, 2016, Moody's Investors Service
upgraded American Axle & Manufacturing Holdings, Inc.'s ratings
including Corporate Family and Probability of Default Ratings to
Ba3 and Ba3-PD, from B1 and B1-PD, respectively.

American Axle carries a 'BB-' corporate credit rating from
Standard & Poor's Ratings Services.  "The 'BB-' corporate credit
rating on American Axle reflects the company's 'weak' business
risk profile and 'aggressive' financial risk profile, which
incorporate substantial exposure to the highly cyclical light-
vehicle market," S&P said, as reported by the TCR on Sept. 6,
2012.

As reported by the TCR on Sept. 1, 2014, Fitch Ratings had
upgraded the Issuer Default Ratings (IDRs) of American Axle &
Manufacturing Holdings, Inc. (AXL) and its American Axle &
Manufacturing, Inc. (AAM) subsidiary to 'BB-' from 'B+'.  The
upgrade of the IDRs for AXL and AAM is supported by the
fundamental improvement in the drivetrain and driveline supplier's
credit profile over the past several years.

                            *   *    *

This concludes the Troubled Company Reporter's coverage of American
Axle & Manufacturing Holdings, Inc. until facts and circumstances,
if any, emerge that demonstrate financial or operational strain or
difficulty at
a level sufficient to warrant renewed coverage.


AMERICAN AXLE: Stockholders Elect Two Directors
-----------------------------------------------
American Axle & Manufacturing Holdings, Inc., held its annual
meeting of stockholders on May 5, 2016, at which the stockholders:

   (a) elected Elizabeth A. Chappell and John F. Smith as
       directors;

   (b) approved, on an advisory basis, the compensation of AAM's
       named executive officers; and

   (c) ratified the appointment of Deloitte & Touche LLP as AAM's
       independent registered public accounting firm for the year
       ending Dec. 31, 2016.

                       About American Axle

Headquartered in Detroit, Michigan, American Axle & Manufacturing
Holdings Inc. (NYSE: AXL) -- http://www.aam.com/-- manufactures,
engineers, designs and validates driveline and drivetrain systems
and related components and chassis modules for light trucks, sport
utility vehicles, passenger cars, crossover vehicles and
commercial vehicles.

American Axle reported net income of $235.6 million on $3.90
billion of net sales for the year ended Dec. 31, 2015, compared to
net income of $143 million on $3.69 billion of net sales for the
year ended Dec. 31, 2014.

                           *     *     *

As reported by the TCR on March 3, 2016, Moody's Investors Service
upgraded American Axle & Manufacturing Holdings, Inc.'s ratings
including Corporate Family and Probability of Default Ratings to
Ba3 and Ba3-PD, from B1 and B1-PD, respectively.

American Axle carries a 'BB-' corporate credit rating from
Standard & Poor's Ratings Services.  "The 'BB-' corporate credit
rating on American Axle reflects the company's 'weak' business
risk profile and 'aggressive' financial risk profile, which
incorporate substantial exposure to the highly cyclical light-
vehicle market," S&P said, as reported by the TCR on Sept. 6,
2012.

As reported by the TCR on Sept. 1, 2014, Fitch Ratings had
upgraded the Issuer Default Ratings (IDRs) of American Axle &
Manufacturing Holdings, Inc. (AXL) and its American Axle &
Manufacturing, Inc. (AAM) subsidiary to 'BB-' from 'B+'.  The
upgrade of the IDRs for AXL and AAM is supported by the
fundamental improvement in the drivetrain and driveline supplier's
credit profile over the past several years.


API TECHNOLOGIES: Suspending Filing of Reports with SEC
-------------------------------------------------------
API Technologies Corp. filed with the Securities and Exchange
Commission a Form 15 notifying the termination of registration of
its common stock under Section 12(g) of the Securities Exchange Act
of 1934.  As a result of the Form 15 filing, the Company is not
anymore obliged to file periodic reports with the SEC.

                       About API Technologies

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

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

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

                           *     *     *

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

In the Feb. 22, 2013, edition of the TCR, Standard & Poor's
Ratings Services said that it lowered its corporate credit rating
on API Technologies to 'B-' from 'B'.  "The downgrade reflects
weaker-than-expected credit metrics resulting from
less-than-expected improvements in operating performance and higher
debt, including a modest increase from the recent refinancing,"
said Standard & Poor's credit analyst Chris Mooney.


ASHLAND INC: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
----------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Ashland Inc. to BB from BB+ on
May 3, 2016.

Ashland Inc. is a global specialty chemical company serving a
markets, including architectural coatings, automotive,
construction, energy, food and beverage, personal care,
pharmaceutical, tissue and towel, and water treatment.


ASPECT SOFTWARE: Plan Confirmation Hearing Set for May 24
---------------------------------------------------------
The Hon. Mary F. Walrath of the U.S. Bankruptcy Court for the
District of Delaware will hold a hearing on May 24, 2016, at 2:00
p.m. (prevailing Eastern Time) to consider confirmation of the
amended joint Chapter 11 plan of reorganization filed by Aspect
Software Parent Inc. and its debtor-affiliates.  Objections to the
plan, if any, must be filed no later than 4:00 p.m. (prevailing
Eastern Time) on May 17, 2016.

The Court set May 18, 2016 at 5:00 p.m. (prevailing Eastern Time)
as deadline for voting on the Debtors' plan.

                        The Chapter 11 Plan

As reported in the March 30, 2016 edition of the TCR, a hearing
will held before the Honorable Mary F. Walrath of the U.S.
Bankruptcy Court for the District of Delaware on April 25, 2016, at
2 p.m. prevailing Eastern Time, to consider the entry of an order
approving, among other things, the Disclosure Statement explaining
Aspect Software Parent, Inc., et al.'s Joint Chapter 11 Plan of
Reorganization.

The Debtors' Plan proposes a 100% recovery to holders of Class 6 -
General Unsecured Claims.  The Debtors obtained an exit first lien
term loan in the principal amount of $447.2 million.

Certain Holders of First Lien Revolver Claims can elect to equitize
a specified portion of their claims and receive their pro rata
share of 100% of the equity in reorganized Aspect.  Holders of
First Lien Revolver Claims can opt to participate in the new, $30
million revolving credit facility and receive payment in full in
Cash of their Allowed First Lien Revolver Claim.

Aspect will launch a Rights Offering, pursuant to which Holders of
Second Lien Note Claims who are Eligible Offerees will receive
Rights to purchase HoldCo PIK Convertible Notes (i) in the amount
of $60 million (but which may be increased dollar-for-dollar by the
amount of any DIP Facility Claims, up to an additional $30 million)
and (ii) which will be automatically and mandatorily converted into
25% of the New Equity, subject to the occurrence of certain
conditions precedent and subject to dilution on account of New
Equity issued in connection with the Management Incentive Plan and
Backstop Put Amount.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/ASPIds0324.pdf

                       About Aspect Software

Headquartered in Phoenix, Arizona, with 38 offices located in 19
countries, Aspect Software serves as a global provider of software
systems and equipment for contact centers that service the needs of
customers across various industries.  Aspect delivers solutions to
more than 2,200 Contact Centers in more than 70 countries, and its
products currently support approximately 1.5 million contact center
agent seats, managing over 100 million enterprise customer
interactions daily.

Aspect Software Parent, Inc., Aspect Software, Inc., VoiceObjects
Holdings Inc., Voxeo Plaza Ten, LLC and Davox International
Holdings, LLC filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Lead Case No. 16-10597) on March 9, 2016.  Robert Krakauer signed
the petitions as executive vice president and chief financial
officer.

The Debtors are represented by Domenic E. Pacitti, Esq., and
Michael W. Yurkewicz, Esq., at Klehr Harrison Harvey Branzburg LLP,
in Wilmington, Delaware; Morton Branzburg, Esq., at Klehr Harrison
Harvey Branzburg LLP, in Philadelphia, Pennsylvania; and Joshua A.
Sussberg, P.C., Esq., and Aparna Yenamandra, Esq., at Kirkland &
Ellis LLP, in New York; and James H.M. Sprayregen, P.C., Esq., and
William A. Guerrieri, Esq., at Kirkland & Ellis LLP, in Chicago,
Illinois.  The Debtors also tapped Alix Partners, LLP as financial
advisor, Jefferies LLC as investment banker and Prime Clerk LLC as
claims, notice, and balloting agent.

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 Aspect Software Parent, Inc.


ATLANTIC CITY, NJ: May Be Days Away from Bankruptcy, Sweeney Says
-----------------------------------------------------------------
The American Bankruptcy Institute, citing Brent Johnson of NJ.com,
reported that as the state Assembly readies a vote on an Atlantic
City rescue plan that challenges his own proposal, state Senate
President Stephen Sweeney warned the famed seaside resort could be
days away from bankruptcy if his opponents don't put politics
aside.

"Leadership means making very tough decisions," Sweeney
(D-Gloucester) said at a Statehouse news conference, the report
related.  "Not political ones."

"We're out of time," Mr. Sweeney told NJ.com.

According to the report, lawmakers have been staunchly divided for
months over how to help Atlantic City, which has seen its tax base
decimated by the closure of four casinos.  Sweeney and Gov. Chris
Christie have been pushing legislation that would allow the state
to take over large portions of the local government for five years,
the report related.

Assembly Speaker Vincent Prieto has scheduled a vote on his own
plan to give the city two years to fix its problems before a
takeover happens, the report said.

                   *     *     *

The Troubled Company Reporter, on May 9, 2016, reported that S&P
Global Ratings has lowered its rating on Atlantic City, N.J.'s
general obligation (GO) debt to 'CC' from 'CCC-'.  The outlook is
negative.  The rating action resolves the CreditWatch Developing
that we placed on the rating on Jan. 22, 2016.

"The downgrade reflects our opinion that a default or debt
restructuring appears to be a virtual certainty even under the
most
optimistic circumstances," said S&P Global credit analyst Timothy
Little.

The TCR, on April 6, 2016, reported that Moody's Investors Service
has downgraded the City of Atlantic City, NJ's General Obligation
rating to Caa3 from Caa1 and removes the rating from review for
possible downgrade started on Jan. 29, 2016, affecting $16 million
of $345 million in general obligation bonds outstanding.  The
outlook is negative.

The downgrade to Caa3 reflects the greater likelihood of default
within the next year and higher probability of significant
bondholder impairment given an ongoing political stalemate over an
Atlantic City fiscal rescue package.  The downgrade also
incorporates renewed signals from the state that bondholders will
face losses as part of a possible debt restructuring.  The Caa3
rating indicates an expected loss to bondholders of up to 35% of
principal, in light of the city's very large structural deficit
with limited sources of relief without state assistance.

The TCR on March 11, 2016, reported that Moody's Investors Service
has released a scenario analysis of possible outcomes for Atlantic
City, NJ (Caa1 review for downgrade) as the New Jersey (A2
negative) legislature considers rescue legislation and greater
influence in placing it on the path to
fiscal recovery.

"Without drastic action, Atlantic City could face a default as
early as April or May. The city also owes $190 million to casinos
that successfully appealed their property taxes. Factoring in
these
liabilities, we project a budget deficit of $102 million in fiscal
2016, ending December 31," Josellyn Yousef, a Moody's VP -- Senior
Analyst says in "Atlantic City, NJ: Rescue Legislation Key to
Fiscal Recovery."

The TCR, on Feb. 3, 2016, reported that Moody's Investors Service
has placed the City of Atlantic City, NJ Caa1 GO rating under
review for possible downgrade.  The review for downgrade will
consider the adequacy of proposed legislative budget solutions and
the likelihood of municipal debt restructuring with bondholder
impairment.  Within the next two months, Moody's expects the state
legislature to develop a plan that will specify the powers to be
granted to the New Jersey Local Finance Board to implement budget
improvements and restructure municipal debt.  The probability of
bondholder impairment is likely low if budget solutions are
adequate and/or state financial support is high, but could rise if
they are not, which would lead to a revision of the rating
downward.  A specific indication that bondholders would be
included
in adverse debt restructuring could also lead to a rating
downgrade.  Beyond the rating review time horizon, outstanding tax
appeal refunds could pose a risk to bondholder security even if
adequate budget measures are achieved.

The TCR, on Feb. 1, 2016, reported that Standard & Poor's Ratings
Services has lowered its underlying rating on Atlantic City Board
of Education, N.J.'s existing general obligation (GO) bonds to
'BB-' from 'BBB-'.  At the same time, S&P removed the rating from
CreditWatch negative.  The outlook is negative.

At the same time, S&P affirmed its 'A' school program rating.  The
outlook on the program rating is stable.


B & L EXCAVATING: 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 B & L Excavating Co., Inc.

                     About B & L Excavating

B & L Excavating Co., Inc. sought protection under Chapter 11 of
the Bankruptcy Code in the Southern District of West Virginia
(Beckley) (Case No. 16-50068) on March 23, 2016.  The petition was
signed by Terry St. Clair, vice president.

The Debtor is represented by Joseph W. Caldwell, Esq., at Caldwell
& Riffee. The case is assigned to Judge Frank W. Volk.

The Debtor estimated assets of $1 million to $10 million and debts
of $100,000 to $500,000.


BOYD GAMING: Egan-Jones Hikes Sr. Unsecured Rating to B-
--------------------------------------------------------
Egan-Jones Ratings Company raised the foreign currency senior
unsecured rating on debt issued by Boyd Gaming Corp. to B- from
CCC+ on May 2, 2016.

Boyd Gaming Corporation owns and operates several gaming properties
throughout the United States.  The Company also operates
entertainment, restaurants, shopping, and recreational facilities
on its properties.


BUILDERS FIRSTSOURCE: Incurs $17-Mil. Net Loss in First Quarter
---------------------------------------------------------------
Builders Firstsource, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $16.98 million on $1.39 billion of sales for the three months
ended March 31, 2016, compared to a net loss of $7.07 million on
$371 million of sales for the same period in 2015.

As of March 31, 2016, Builders Firstsource had $2.84 billion in
total assets, $2.71 billion in total liabilities and $134 million
in total stockholders' equity.

As of March 31, 2016, the Company had $59 million in outstanding
borrowings under its 2015 facility and its net excess borrowing
availability was $619 million after being reduced by outstanding
letters of credit of approximately $85.0 million.  Excess
availability must equal or exceed a minimum specified amount,
currently $80.0 million, or the Company is required to meet a fixed
charge coverage ratio of 1:00 to 1:00.  The Company was not in
violation of any covenants or restrictions imposed by any of its
debt agreements at March 31, 2016.

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

                     https://is.gd/tTM5Cj

                 About Builders FirstSource

Headquartered in Dallas, Texas, Builders FirstSource --
http://www.bldr.com/-- is a supplier and manufacturer of
structural and related building products for residential new
construction.  The Company operates 56 distribution centers and 56
manufacturing facilities in nine states, principally in the
southern and eastern United States.  Manufacturing facilities
include plants that manufacture roof and floor trusses, wall
panels, stairs, aluminum and vinyl windows, custom millwork and
pre-hung doors.  Builders FirstSource also distributes windows,
interior and exterior doors, dimensional lumber and lumber sheet
goods, millwork and other building products.

Builders Firstsource reported a net loss of $22.8 million on $3.56
billion of sales for the year ended Dec. 31, 2015, compared to net
income of $18.2 million on $1.60 billion of sales for the year
ended Dec. 31, 2014.

                           *     *     *

As reported by the TCR on July 15, 2015, Standard & Poor's Ratings
Services said it raised its corporate credit rating on Builders
FirstSource Inc. to 'B+' from 'B'.  

"The stable outlook reflects our view that Builders FirstSource
will continue to increase sales and EBITDA as U.S. residential
construction continues to recover from an historic downturn and the
company realizes significant synergies from the merger.  As a
result, we expect some improvement in the company's leverage
measures over the next 12 to 24 months while it maintains adequate
liquidity," said Standard & Poor's credit analyst Pablo Garces.

In the May 13, 2014, edition of the TCR, Moody's Investors Service
upgraded Builders FirstSource's Corporate Family Rating to 'B3'
from 'Caa1'.  The upgrade reflects Moody's expectation that BLDR's
operating performance will continue to benefit from improved
housing construction, repair and remodeling.


CAESARS ENTERTAINMENT: Creditors Get More Time to Assess Plan
-------------------------------------------------------------
Tracy Rucinski, writing for Reuters, reported that creditors of the
bankrupt operating unit of Caesars Entertainment Corp will have an
additional 15 days to decide if they object to the casino company's
bankruptcy exit plan, which still lacks key details, a judge
ruled.

"It's hard to shoot a moving target," U.S. Bankruptcy Judge
Benjamin Goldgar said at an emergency hearing before postponing the
deadline for creditor objections to May 17, the report related.  He
was responding to junior creditors' complaints in a court filing
that the plan omits "virtually all of the information that
creditors actually care about," the report further related.
Creditors have accused the parent of stripping the operating unit
of its best hotel and casino assets prior to a $18 billion
bankruptcy filing in January 2015 and are demanding compensation,
the report said.

At the heart of the uncertainty is how much Caesars, backed by
private equity groups Apollo Global Management LLC and TPG Capital
Management, will contribute to its unit's reorganization, the
report said.  The reorganization plan envisions splitting the
bankrupt unit into an operating company and a real estate
investment trust (REIT), the report added.

Judge Goldgar set a May 17 objection deadline for the new plan,
meaning that the Caesars unit should file more detailed information
by May 7, the Reuters report related.  He postponed a hearing on
the plan by one week to May 25, despite protests by the unit's
lawyers who are keen to keep a proposed schedule to emerge from
bankruptcy on track, the report further related.

                   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.


CAESARS ENTERTAINMENT: Hires Former Bankruptcy Judge as CRO
-----------------------------------------------------------
The American Bankruptcy Institute, citing Tracy Rucinski, writing
for Reuters, reported that Caesars Entertainment Corp said that it
appointed a retired bankruptcy judge to the new role of chief
restructuring officer after it warned it could be forced into
Chapter 11 bankruptcy protection.

According to the report, Caesars is facing billions of dollars of
lawsuits by creditors of its bankrupt casino operating unit,
Caesars Entertainment Operating Co, who have accused the parent of
pillaging the unit before it filed for Chapter 11 protection last
year.  Caesars has denied the allegations, the report said.

Caesars said due to mounting legal costs its independent director
committee had recommended the appointment of Robert Gerber, who
retired as a U.S. Bankruptcy judge for the Southern District of New
York in January, for the new role, the report further related.  An
independent examiner said in March that Caesars may be responsible
for up to $5.1 billion for transactions involving CEOC prior to its
bankruptcy, 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.


CENTRAL BEEF IND: Hires Buchanan Ingersoll as Environmental Atty
----------------------------------------------------------------
Central Beef Ind., LLC, and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the Middle District of Florida
to employ Buchanan, Ingersoll & Rooney, P.C., as special
Environmental Counsel.

The Debtors require Buchanan Ingersoll to navigate the process of
renewing and expanding their water use permit with the Southwest
Florida Water Management District, and to complete the
environmental site rehabilitation project required by the Florida
Department of Environmental Protection. Expansion of the withdrawal
volume of the water use permit will allow Central Beef to nearly
double the capacity of the water it can withdraw from the ground.

Buchanan Ingersoll will be paid at these hourly rates:

      Lawyers                         $350-$950
      Paralegals                      $170-$290

The Debtors have agreed to compensate Buchanan Ingersoll on an
hourly basis in accordance with its ordinary and customary rates
which are in effect on the date the services are rendered, subject
only to Court approval.

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

Ronald H. Noble, Esq., an attorney with the law firm of Buchanan,
Ingersoll & Rooney, P.C., 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.

Buchanan Ingersoll may be reached at:

       Ronald H. Noble, Esq.
       401 E. Jackson Street, Suite 2400
       Tampa, FL 33602-5236
       T: 813 222 1175
       F: 813 222 8189
       ronald.noble@bipc.com

                  About Central Beef

Central Beef Ind., LLC, 5C of Central Florida, LLLP and CBI
Management/Administration, LLC, engaged in the business of
purchasing cattle and beef production, each filed a Chapter 11
bankruptcy petition (Bankr. M.D. Fla. Case Nos. 16-02366, 16-02368
and 16-02370, respectively) on March 21, 2016.  Ida Raye Chernin
signed the petitions as manager. Stichter, Riedel, Blain & Poster,
P.A., represents the Debtors as counsel.  

Judge Catherine Peek McEwen has been assigned the cases.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Debtors' cases.


CHC GROUP: Can Hire KCC as Claims and Noticing Agent
----------------------------------------------------
Judge Barbara J. Houser of the U.S. Bankruptcy Court for the
Northern District of Texas authorized CHC Group Ltd., et al., to
retain Kurtzman Carson Consultants LLC as their claims, noticing
and balloting agent nunc pro tunc to the Petition Date.

KCC is directed to perform all of the noticing required to be
performed by the Clerk pursuant to Rule 2002 and any other
applicable Federal Rule of Bankruptcy Procedure.

KCC will: (1) prepare and serve notices required in these Chapter
11 cases; (2) file a certificate of service within seven days after
each service, which includes a copy of the notice, a list of the
persons to whom it was mailed in alphabetical order, and the date
of mailing; (3) if requested by the Debtors, print, mail and
tabulate ballots for purposes of voting on a Chapter 11 plan to
which a disclosure statement has been approved by the Court; (4)
assist with the preparation, maintenance and updating of the
Debtors' master service list and databases of creditors; (5)
furnish a notice of bar date, approved by the Clerk, for the filing
of a proof of claim or interest together with Official Form B410 to
each creditor; (6) record all transfers of claims and provide
notice of each transfer as required by Bankruptcy Rule 3001(e); (7)
provide other technical and document management services of a
similar nature requested by the Debtors or the
Clerk; and (8) promptly comply with any further conditions and
requirements as the Clerk or the Court may hereafter prescribe.

KCC will serve as the agent for the Clerk and custodian of Court
records and, as such, will be designated as the authorized
repository for all proofs of claim or proofs of interest filed in
these cases and is authorized and directed to maintain official
claims registers for each of the Debtors and to provide the Clerk
with a certified electronic duplicate thereof on a monthly basis,
unless otherwise directed by the Clerk or the Court.

The Debtors are authorized to indemnify KCC under the terms of the
Engagement Agreement.

KCC's consulting services and rates are:

          Position                              Hourly Rate
          --------                              -----------
          Executive Vice President                Waived
          Director/Senior Managing Consultant      $175
          Consultant/Senior Consultant           $70-$165
          Technology/Programming Consultant      $35-$70
          Clerical                               $25-$50

KCC's public securities & solicitation services and rates are:

          Position                              Hourly Rate
          --------                              -----------
          Solicitation Lead/Securities Director    $215
          Securities Senior Consultant             $200

The Debtors are authorixed to reimburse KCC for all reasonable and
necessary expenses it may incur.

Prior to the Petition Date, the Debtors provided KCC a retainer in

the amount of $20,000.

                          About CHC Group

Headquartered in Irving, Texas, CHC is a global commercial
helicopter services company primarily servicing the offshore oil
and gas industry.  CHC maintains bases on six continents with major
operations in the North Sea, Brazil, Australia, and several
locations across Africa, Eastern Europe, and South East Asia.  CHC
maintains a fleet of 230 medium and heavy helicopters, 67 of which
are owned by it and the remainder are leased rom various
third-party lessors.

CHC Group Ltd. and 42 of its wholly-owned subsidiaries each filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Northern District of
Texas on May 5, 2016.

As of Jan. 31, 2016, CHG had $2.16 billion in total assets and
$2.19 billion in total liabilities.  

The Debtors have hired Weil, Gotshal & Manges LLP as counsel,
Debevoise & Plimpton LLP as special aircraft counsel, PJT Partners
LP as investment banker, Seabury Corporate Advisors LLC as
financial advisor, CDG Group, LLC as restructuring advisor, and
Kurtzman Carson Consultants LLC as claims and noticing agent.

The cases are being jointly administered under Case No. 16-31854
before the Honorable Judge Barbara J. Houser in the United States
Bankruptcy Court for the Northern District of Texas.


CHC GROUP: Court Directs Joint Administration of Cases
------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
entered an order consolidating for procedural purposes only the
Chapter 11 cases of CHC Group Ltd. and 42 of its subsidiaries under
the Case No. 16-31854 (BJH), the case number for CHC Group Ltd.

The Debtors had requested joint administration of their cases to
remove the need to prepare, replicate, file, and serve duplicative
notices, applications and orders, and, therefore, save their
estates substantial time and expense.  Further, the Debtors noted,
joint administration will relieve the Court of entering duplicative
orders and maintaining duplicative files and dockets.

The United States Trustee for the Northern District of Texas and
other parties-in-interest will similarly benefit from joint
administration of these Chapter 11 cases by sparing them the time
and effort of reviewing duplicative pleadings and papers, the
Debtors said.

                         About CHC Group

Headquartered in Irving, Texas, CHC is a global commercial
helicopter services company primarily servicing the offshore oil
and gas industry.  CHC maintains bases on six continents with major
operations in the North Sea, Brazil, Australia, and several
locations across Africa, Eastern Europe, and South East Asia.  CHC
maintains a fleet of 230 medium and heavy helicopters, 67 of which
are owned by it and the remainder are leased rom various
third-party lessors.

CHC Group Ltd. and 42 of its wholly-owned subsidiaries each filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Northern District of
Texas on May 5, 2016.

As of Jan. 31, 2016, CHG had $2.16 billion in total assets and
$2.19 billion in total liabilities.  

The Debtors have hired Weil, Gotshal & Manges LLP as counsel,
Debevoise & Plimpton LLP as special aircraft counsel, PJT Partners
LP as investment banker, Seabury Corporate Advisors LLC as
financial advisor, CDG Group, LLC as restructuring advisor, and
Kurtzman Carson Consultants LLC as claims and noticing agent.





CHC GROUP: Court Grants 16-Day Extension to File Schedules
----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas has
extended CHC Group Ltd., et al.'s deadline to file their schedules
of assets and liabilities, schedule of current income and
expenditures, schedule of executory contracts and unexpired leases
and statement of financial affairs by an additional 16 days beyond
the 14-day extension provided for pursuant to Bankruptcy Rule
1007(c).  The extension fell short from the 45 additional days
requested by the Debtors.

In a motion filed with the Court, the Debtors said the requested
extension will aid them in efficiently preparing accurate
Schedules, as it will allow them to account for prepetition
invoices not yet received or entered into their accounting systems
as of the Petition Date, and will minimize the possibility that any
subsequent amendments to the Schedules are necessary.

"Although the Debtors, with the assistance of their professional
advisors, have begun to compile the information necessary for the
Schedules, the Debtors have been consumed with a multitude of other
legal, business, and administrative matters in the weeks prior to
the Petition Date," said Stephen A. Youngman, Esq., at Weil,
Gotshal & Manges LLP, one of the Debtors' attorneys.

                      About CHC Group

Headquartered in Irving, Texas, CHC is a global commercial
helicopter services company primarily servicing the offshore oil
and gas industry.  CHC maintains bases on six continents with major
operations in the North Sea, Brazil, Australia, and several
locations across Africa, Eastern Europe, and South East Asia.  CHC
maintains a fleet of 230 medium and heavy helicopters, 67 of which
are owned by it and the remainder are leased rom various
third-party lessors.

CHC Group Ltd. and 42 of its wholly-owned subsidiaries each filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Northern District of
Texas on May 5, 2016.

As of Jan. 31, 2016, CHG had $2.16 billion in total assets and
$2.19 billion in total liabilities.  

The Debtors have hired Weil, Gotshal & Manges LLP as counsel,
Debevoise & Plimpton LLP as special aircraft counsel, PJT Partners
LP as investment banker, Seabury Corporate Advisors LLC as
financial advisor, CDG Group, LLC as restructuring advisor, and
Kurtzman Carson Consultants LLC as claims and noticing agent.

The cases are pending joint administration under Case No. 16-31854

before the Honorable Judge Jernigan.


CIRCUIT CITY: Court Denies Bids to Dismiss Suit vs. Calif. Fund
---------------------------------------------------------------
The adversary case styled ALFRED H. SIEGEL, Plaintiff, v.
CALIFORNIA SELF-INSURERS' SECURITY FUND and CHRISTINE BAKER,
Defendants, APN No. 15-03477-KRH (Bankr. E.D. Va.), concerns excess
letter of credit proceeds held by the California Self-Insurers'
Security Fund to which plaintiff, Alfred H. Siegel, Trustee of the
Circuit City Stores, Inc. Liquidating Trust, claims the Liquidating
Trust is entitled.

The Fund, which allegedly holds the excess letter of credit
proceeds, and Defendant Christine Baker, solely in her capacity as
Director of the California Department of Industrial Relations filed
motions to dismiss the Trustee's Complaint initiating this
adversary proceeding under Federal Rule of Civil Procedure 12(b)(1)
and (b)(6) for lack of subject matter jurisdiction and for failure
to state a claim upon which relief can be granted.

Judge Kevin R. Huennekens of the United States Bankruptcy Court for
the Eastern District of Virginia, Richmond Division, denied
Defendants' Motions.

The Court found that the Complaint states a plausible claim for
relief because the California Labor Code's administrative
exhaustion requirement is not applicable to this proceeding, and
because the Trustee has a right to recover any excess proceeds
under the Letter of Credit.

A full-text copy of the Memorandum Opinion dated April 26, 2016, is
available at http://is.gd/OVgfrefrom Leagle.com.

The bankruptcy case is In re: CIRCUIT CITY STORES, INC. et al.,
Chapter 11, Debtors, Case No. 08-35653-KRH (Bankr. E.D. Va.).

Alfred H. Siegel, Trustee of the Circuit City Stores, Inc.
Liquidating, Plaintiff, is represented by Paula S. Beran, Esq. --
PBeran@tb-lawfirm.com -- Tavenner & Beran, PLC, Lynn L. Tavenner,
Esq. -- LTavenner@tb-lawfirm.com -- Tavenner & Beran, PLC.

California Self-Insurers Security Fund, Defendant, is represented
by Louis E. Dolan, Jr., Esq. -- ldolan@nixonpeabody.com -- Nixon
Peabody, LLP.

Christine Baker, Defendant, is represented by Brian D. Wesley,
California Ofc. of the Attorney General.

                    About Circuit City

Headquartered in Richmond, Virginia, Circuit City Stores Inc.
(NYSE: CC) -- http://www.circuitcity.com/-- was a specialty     
retailer of consumer electronics, home office products,
entertainment software and related services in the U.S. and
Canada.

Circuit City Stores together with 17 affiliates filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Va. Lead Case No. 08-35653) on Nov. 10, 2008.
InterTAN Canada, Ltd., which runs Circuit City's Canadian
operations, also sought protection under the Companies' Creditors
Arrangement Act in Canada.  The Debtors disclosed total assets of
$3,400,080,000 and debts of $2,323,328,000 as of Aug. 31, 2008.

Gregg M. Galardi, Esq., and Ian S. Fredericks, Esq., at Skadden,
Arps, Slate, Meagher & Flom, LLP, served as the Debtors' general
restructuring counsel.  Dion W. Hayes, Esq., and Douglas M. Foley,
Esq., at McGuireWoods LLP, acted as the Debtors' local counsel.
The Debtors also tapped Kirkland & Ellis LLP as special financing
counsel; Wilmer, Cutler, Pickering, Hale and Dorr, LLP, as special
securities counsel; and FTI Consulting, Inc., and Rotschild Inc.
as financial advisors.  The Debtors' Canadian general
restructuring counsel was Osler, Hoskin & Harcourt LLP.  Kurtzman
Carson Consultants LLC served as the Debtors' claims and voting
agent.

Circuit City opted to liquidate its 721 stores and obtained the
Bankruptcy Court's approval to pursue going-out-of-business sales,
and sell its store leases in January 2009.

In May 2009, Systemax Inc., a multi-channel retailer of computers,
electronics, and industrial products, acquired certain assets,
including the name Circuit City, from the Debtors through a Court-
approved auction.

On Sept. 14, 2010, the Court entered an order confirming the
Debtors' Plan of Liquidation, which created the Circuit City
Stores, Inc. Liquidating Trust and appointed Alfred H. Siegel as
Trustee.  The Plan became effective Nov. 1, 2010.


COLE HAAN: Moody's Changes Outlook to Negative & Affirms B3 CFR
---------------------------------------------------------------
Moody's Investors Service changed Calceus Acquisition Inc.'s
outlook to negative from stable and affirmed all of the company's
ratings, including the B3 Corporate Family Rating, B3-PD
Probability of Default Rating and B3 senior secured term loan
rating.

The negative outlook reflects the risk that continued challenges in
the wholesale segment evident in the operating performance decline
in Q3 2016 (ended February) could pressure Cole Haan's earnings in
the coming quarters.  Given the company's high leverage and weak
cash generation, this could result in an increasingly unsustainable
capital structure and strain the company's liquidity position.

Total revenues and gross profit were about flat in Q3 FY 2016
(ended February) but wholesale segment revenues declined by 18%, as
retailers promoted heavily to clear winter inventory, and Cole Haan
lost market share.  The mix shift from wholesale to
direct-to-consumer ("DTC") reduced earnings and cash flow despite
having a more neutral effect on revenue because wholesale is
traditionally a more profitable channel for Cole Haan.  Management
adjusted EBITDA declined by over 60% and funded debt/EBITDA
(including adjustments for items Moody's considers non-recurring
but excluding adjustments for operating leases) has increased from
mid-7 times as of November 2015 to mid-8 times in Q3 2016.
Moody's-adjusted debt/EBITDA including standard adjustments for
operating leases stood at mid-6 times and EBITA/interest expense
was about 1 time.

Cole Haan's DTC segment continued to post strong growth as
evidenced by high-single-digit same store sales in the past five
quarters, driven mainly by online growth and new product releases.
However, the majority of Cole Haan wholesale revenues come from
product that has not been transitioned to the newer innovation
styles, resulting in share losses.  In addition, conservative
reorders at department stores and a highly promotional environment
are hurting results in the broader apparel sector.  Moody's expects
DTC growth to continue but decelerate in the next 12-18 months, and
the wholesale channel to start growing as a result of expanded
distribution and Cole Haan's efforts to sell more innovation
product.  Nevertheless, the company's ability to turn around its
wholesale operations remains uncertain because of continued
challenges in the wholesale environment, and if that segment does
not show signs of improvement, the company's credit profile will
weaken further.

Moody's took these rating actions on Calceus Acquisition, Inc.:

   -- Corporate Family Rating, affirmed at B3;
   -- Probability of Default Rating, affirmed at B3-PD;
   -- $311 million ($320 million face value) Senior Secured Term
      Loan due 2020, affirmed at B3 (LGD4);
   -- Outlook changed to Negative from Stable

RATINGS RATIONALE

The B3 CFR reflects Cole Haan's weak operating performance and
credit metrics, including funded debt/EBITDA of mid-8 times
(Moody's-adjusted debt/EBITDA of mid-6 times) and EBITA/interest
expense of 1 time for the last twelve months ended Feb. 27, 2016.
The rating also reflects Cole Haan's significant exposure to the
declining department store channel, as well as the company's
increased fashion risk and exposure to discretionary spending as a
result of its redefined brand identity and fashion-forward product
assortment.  The rating is supported by Cole Haan's good brand
recognition, positive momentum in the direct-to-consumer channel,
and diverse distribution channels.  Cole Haan's adequate liquidity
profile also provides key support to the rating but is heavily
reliant on the company's ability to generate flat to positive free
cash flow going forward and maintain sufficient unused revolver
capacity.  Cole Haan has no meaningful maturities until 2020 and a
springing covenant-only debt structure, however has generated
negative free cash flow since the carveout from Nike in 2013.
Moody's anticipates that free cash flow will turn positive over the
next 12-18 months as the company reduces capital expenditures and
manages inventory more tightly.  Nevertheless, working capital
improvements will provide only a temporary boost and to generate
positive free cash flow on a sustained basis, the company needs
earnings growth.

The ratings could be downgraded if Cole Haan does not stabilize and
improve operating performance in its wholesale segment, or if
EBITDA or liquidity deteriorates, including continued negative free
cash flow generation and increased revolver usage. Quantitatively,
ratings could be downgraded if Moody's-adjusted debt/EBITDA is
sustained above 6.5 times or EBITA/interest expense declines below
1.0 time.

The outlook could revert back to stable if earnings and revenues
improve and Moody's comes to expect that free cash flow generation
will be sustainably positive.  A ratings upgrade is unlikely in the
near term.  The ratings could be upgraded if the company
demonstrates consistent revenue growth and margin expansion and
improves its liquidity profile, including solid positive free cash
flow generation.  Quantitatively, the ratings could be upgraded if
Cole Haan achieves and maintains Moody's-adjusted debt/EBITDA below
5.5 times and EBITA/interest expense above 1.5 times.

Headquartered in Greenland, New Hampshire, Cole Haan is a designer
and retailer primarily of premium men's and women's footwear,
handbags and accessories.  Net revenues for last twelve months
ended Feb. 27, 2016, were approximately $584 million.  Apax
Partners and current management purchased the company from NIKE
Inc. in early 2013.

The principal methodology used in these ratings was Global Apparel
Companies published in May 2013.


COLUMBIA HOSPITALITY: Wants to Use Private Capital Cash Collateral
------------------------------------------------------------------
Columbia Hospitality Services, LLC, asks the U.S. Bankruptcy Court
for the Western District of Missouri, Central Division, for
authorization to use cash collateral.

Private Capital Group, Inc., asserts blanket security interests in
the assets of the Debtor, including the cash receipts which the
Debtor receives from the operation of its hotel business located at
2904 Clark Lane, Columbia, Missouri.

The Debtor tells the Court that it has generated income for the
first three months of 2016 of $124,775.  The Debtor further tells
the Court that it projects a gross income of $81,000 for April,
with $50,000 in actual reservations on the books.

The Debtor contends that to be able to propose a plan of
reorganization, it needs to use the income of the business in order
to fund its operation and its plan of reorganization.  The Debtor
further contends that it has no alternative borrowing source and
requests that it be permitted to continue to receive and utilize
the rents from the real estate, in order to raise operating capital
and continue in business for the good of all creditors.

The Debtor relates that at a Till rate of interest of 6.25% on $3.5
million, its monthly interest rate due to Private Capital would be
$18,230.  

The Debtor proposes to provide adequate protection to Private
Capital Group, Inc. by making a monthly payment of a minimum of
$18,230 per month plus any additional amount which would guarantee
Private Capital Group, Inc, a minimum of 20% of the gross each
month, commencing May 1, 2016 until such time as the Debtor has a
confirmed plan.

Columbia Hospitality Services is represented by:

          Gwen Froeschner Hart, Esq.
          SHURTLEFF FROESCHNER HARRIS, L.L.C.
          25 North 9th Street
          Columbia, MO 65201
          Telephone: (314)449-3874

               About Columbia Hospitality Services

Columbia Hospitality Services, LLC, operates the Best Western Hotel
located at 2904 Clark Lane, Columbia Missouri.

Columbia Hospitality filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Mo. Case No. 16-20272) on April 4, 2016.  George Pate, the
president/secretary, signed the petition.  The Debtor listed total
assets of $11.9 million and total liabilities of $9.71 million.


DELTIC TIMBER: Egan-Jones Cuts FC Sr. Unsecured Rating to BB
------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Deltic Timber Corporation to BB
from BBB- on May 3, 2016.

Deltic Timber Corporation grows and harvests timber and
manufactures and markets lumber. The Company is also involved in
real estate development projects, owns farmland, and holds an
interest in a joint venture to manufacture and market medium
density fiberboard.


DIOCESE OF GALLUP: Confirmation Hearing Scheduled for June 21
-------------------------------------------------------------
The American Bankruptcy Institute, citing The Associated Press,
reported that a bankruptcy judge in New Mexico has scheduled a
confirmation hearing on the Diocese of Gallup's reorganization
plan, signaling the possible end of a case that has spanned more
than two years.

According to the report, the attorneys for the diocese filed
amended copies of the reorganization plan and a disclosure
statement.  U.S. Bankruptcy Judge David T. Thuma scheduled the
confirmation hearing for June 21, the report related.  Clergy sex
abuse claimants will have to accept or reject the plan by June 10,
the report further related.

The abuse claimants have also been promised that they will be able
to electronically access a read-only personnel file of their
abuser, the report said.  An attorney representing the claimants
expressed concern that the provision will go away because the
security details haven't yet been worked out, the report added.

As previously reported by The Troubled Company Reporter, citing
Daily Bankruptcy Review, the Roman Catholic Diocese of Gallup,
N.M., on March 21 unveiled a $22 million reorganization plan, the
bulk of which will be used to compensate 57 clergy sexual-abuse
victims.

According to the report, the plan, filed March 21 with the U.S.
Bankruptcy Court in Albuquerque, N.M., lays out how the diocese
expects to repay its creditors, the vast majority of whom say they
were sexually abused by the diocese's clergy decades ago.

The TCR, citing the Albuquerque Journal, an attorney who filed 13
lawsuits against the Diocese of Gallup on behalf of alleged victims
of clerical sexual abuse said the disclosure of church records will
be an essential part of any settlement in the diocese's Chapter 11
bankruptcy case.

According to the Albuquerque Journal, Robert Pastor, a Phoenix
attorney, said claimants and their attorneys in the case are
adamant that the diocese must release church records, including
the
personnel files of accused priests.  Attorneys working toward a
settlement told U.S. Bankruptcy Judge David Thuma of Albuquerque
that they intend to file a reorganization plan with the court
later
this month.

                   About The Diocese of Gallup

The Diocese of Gallup, New Mexico, principally encompasses
American Indian reservations for seven tribes in northwestern New
Mexico and northeastern Arizona. It is the poorest diocese in the
U.S.

There are 38 active priests working in the Diocese and 27
permanent deacons also serve the Diocese along with five
seminarians.  The Diocese and its missions, schools and ministries
employ approximately 50 people, and a significant number of
additional people offer their services as volunteers.

The diocese sought bankruptcy protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. N.M. Case No. 13-bk-13676) on Nov. 12,
2013, in Albuquerque, New Mexico amid suits for sexual abuse
committed by priests.

The Diocese of Gallup became one of 13 U.S. dioceses that have
filed for bankruptcy in response to civil lawsuits filed against
the diocese on behalf of alleged victims of sexual abuse by
priests.

The petition shows assets and debt both less than $1 million.


DISH NETWORK: Egan-Jones Hikes Sr. Unsecured Rating to BB-
----------------------------------------------------------
Egan-Jones Ratings Company raised the senior unsecured rating on
debt issued by DISH Network Corp. to BB- from B+ on May 2, 2016.

DISH Network Corp. provides a direct broadcast satellite
subscription television, audio programming and interactive
television services to commercial and residential subscribers in
the United States.


DUNKIN' BRANDS: Egan-Jones Cuts FC Unsecured Debt Rating to BB-
---------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Dunkin' Brands Group Inc. to BB-
from BB on May 2, 2016.

Dunkin' Brands Group Inc. franchises quick service restaurants
("QSRs") serving hot and cold coffee and baked goods, as well as
ice cream.  The Company operates primarily in the breakfast part of
the day within the QSR segment of the restaurant industry. Dunkin'
Brands Group Inc. operates worldwide.


E Z MAILING: Houston Landlords Oppose Lease Extension Request
-------------------------------------------------------------
Liberty Property Limited Partnership and Colliers Property
Management Services Houston, LLC, agent for CUNA Mutual investment
Corporation, landlord of the premises occupied by E Z Mailing
Services Inc. and United Business Freight Forwarders in Houston,
Texas, oppose the Debtors' request for extension of the period to
decide to assume and reject leases.

The Lessors argue that they will be prejudiced by any extension
because the Debtors are not current on their postpetition rent
obligations under its Leases. Under the Liberty Lease, the past due
amount totals $23,323 as of April 11, 2016, consisting of April
rent and the annual operating expense reconciliation, while the
Debtor is delinquent in the payment of rent and other sums due
under the Colliers' Lease in the amount of $15,742.

The Debtors replied saying that they are paying for use of the
properties, and the Debtors know of no basis for any assertion that
the Debtors' continued occupation of the relevant premises would
damage the lessors beyond the compensation available under the
Bankruptcy Code, while the relevant leases are essential to the
Debtors' operations although these are not the Debtors' primary
asset.

These cases have been designated as complex chapter 11 cases under
the Court's General Order Authorizing Procedures For Complex
Chapter 11 cases, and considering that the Debtors have fourteen
leases to evaluate in varying geographic locations, each with
varying analyses and the Debtors have not yet determined whether
there is a need for a judicial determination of whether a certain
lease exists. Accordingly, the Debtors tell the Court that the
requested extension of the time through August 10, 2016 would
afford the Debtors and their professionals the needed time to
complete their analysis of the Unexpired Leases while preserving
the lessors' rights under the Bankruptcy Code.  

E Z Mailing Services Inc., et al. are represented by:

       Warren J. Martin Jr., Esq.
       Michael J. Naporano, Esq.
       Kelly D. Curtin, Esq.
       Rachel A. Parisi, Esq.
       PORZIO, BROMBERG & NEWMAN, P.C.
       100 Southgate Parkway
       P.O. Box 1997
       Morristown, New Jersey 07962
       Telephone: (973) 538-4006
       Facsimile: (973) 538-5146
       Email: wjmartin@pbnlaw.com
              mjnaporano@pbnlaw.com
              kdcurtin@pbnlaw.com
              raparisi@pbnlaw.com

Colliers Property Management Services Houston, LLC is represented
by:

       Todd M. Galante, Esq.
       LECLAIR RYAN
       One Riverfront Plaza
       1037 Raymond Boulevard
       Sixteenth Floor
       Newark, New Jersey 07102
       Telephone: 973.491.3600
       Facsimile: 973.491.3555
       Email: todd.galante@leclairryan.com

Liberty Property Limited Partnership is represented by:

       Gregory F. Vizza, Esq.
       BLANK ROME LLP
       One Logan Square
       130 North 18th Street
       Philadelphia, PA 19103-6998
       Telephone: 215.569.5702
       Facsimile: 215.832.5702
       Email: Vizza@BlankRome.com

            About E Z Mailing Services Inc.

E Z Mailing Services Inc. and United Business Freight Forwarders
are transportation logistics companies whose customers include
Macy's, Walmart, JC Penny and Forever 21.

After primary lender PNC Bank declared a default and demanded
immediate payment of $4.2 million, which resulted to a customer
freezing payment, E Z Mailing and UBFF filed Chapter 11 bankruptcy
petitions (Bankr. D.N.J. Case Nos. 16-10615 and 16-10616,
respectively) on Jan. 13, 2016.  Ajay Aggarwal, the president,
signed the petitions.  The Debtors each estimated assets and
liabilities in the range of $10 million to $50 million.  Judge
Stacey L. Meisel presides over the cases.

Porzio, Bromberg & Newman, PC, serves as counsel to the Debtors.

Bederson LLP's Edward Bond is serving as CRO and crisis manager of
the Debtors.


EAST AFRICAN DRILLING: 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 East African Drilling LTD.

East African Drilling LTD. filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 16-31447) on March 25, 2016.  The
petition was signed by Shane Reeves as restructuring officer.  The
Debtor disclosed total assets of $10 million and total debts of
$45.35 million.  James B. Jameson, Esq., represents the Debtor as
counsel.  Judge Karen K. Brown has been assigned the case.


FAIRWAY GROUP: Court OKs Prime Clerk as Claims and Noticing Agent
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
authorized Fairway Group Holdings Corp., et al., to appoint Prime
Clerk LLC as their claims and noticing agent to, among other
things, (i) distribute required notices to parties-in-interest,
(ii) receive, maintain, docket and otherwise administer the proofs
of claim filed in the Debtors' Chapter 11 cases and (iii) provide
such other administrative services -- as required by the Debtors --
that would fall within the purview of services to be provided by
the Clerk's office.

Prime Clerk will serve as the custodian of court records and will
be designated as the authorized repository for all proofs of claim
filed in these Chapter 11 cases and is authorized and directed to
maintain official claims registers for each of the Debtors, to
provide public access to every proof of claim unless otherwise
ordered by the Court and to provide the Clerk with a certified
duplicate thereof upon the request of the Clerk.

The Debtors anticipate that there will be in excess of 1,000
entities to be noticed.  In view of the number of anticipated
claimants and the complexity of their businesses, the Debtors
asserted that the appointment of a claims and noticing agent is
required by Local Rule 5075-1(b) and is otherwise in the best
interests of both their estates and their creditors.

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

Prior to the Petition Date, the Debtors provided Prime Clerk a
retainer in the amount of $50,000.

The Court also authorized the Debtors to indemnify, defend and hold
harmless Prime Clerk and its members, officers, employees,
representatives 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 Agreement or Retention Order.

Prime Clerk represents it is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

                        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.


FAIRWAY GROUP: Court Orders Joint Administration of Cases
---------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York has
entered an order directing the consolidation and joint
administration of the Chapter 11 cases of Fairway Group Holdings
Corp., et al., under the Case Number 16-11241.

The Court ordered the Debtors to file their monthly operating
reports required by the Operating Guidelines and Reporting
Requirements for Debtors in Possession and Trustees, issued by the
Executive Office of the U.S. Trustee (revised November 27, 2013),
by consolidating the information required for each Debtor in one
report.

In a motion filed with the Court, the Debtors said joint
administration of their Chapter 11 cases will reduce fees and costs
by avoiding duplicative filings, objections, notices and hearings.
According to the Debtors, joint administration will also allow the
United States Trustee and all other parties-in-interest to monitor
these Chapter 11 cases with greater ease and efficiency.

                           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.


FAIRWAY GROUP: Has Until July 1 to File Schedules & Statements
--------------------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York entered an order extending Fairway
Group Holdings Corp., et al.'s deadline to file their schedules of
assets and liabilities and statements of financial affairs through
July 1, 2016.

The Court ordered that the requirement under Section 521(a)(1) of
the Bankruptcy Code and Bankruptcy Rule 1007(c) to file Schedules
and Statements will be permanently waived upon confirmation of the
Debtors' Prepackaged Plan; provided that, such confirmation occurs
on or before the Deadline.

The Debtors are ordered to file the list of equity holders and List
of Creditors provided to their proposed claims and noticing agent
within 14 days of the Petition Date.

The Debtors had requested an extension of the Schedules filing
deadline given the size and complexity of their operations.

                           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.


FINJAN HOLDINGS: Awards 200,000 RSUs to Gary Moore
--------------------------------------------------
Finjan Holdings, Inc., previously announced the appointment of Gary
Moore as a Class 3 Director of the Company to fill a vacancy on the
Company's Board of Directors created upon the resignation of
Michael Eisenberg, to hold office until the election of his duly
elected and qualified successor or until his earlier resignation or
removal.

In connection with such appointment to the Board, the Company
awarded Mr. Moore 600,000 restricted stock units under the
Company's 2014 Incentive Compensation Plan, which award was subject
to approval by the Company's stockholders of an amendment to the
2014 Plan to, among other matters, allow for the grant of RSUs of
such size.  Rather than request stockholder approval of an
amendment to the 2014 Plan, the Board determined that it could make
annual grants of 200,000 shares in each of 2016, 2017 and 2018.
Therefore, on May 4, 2016 the Board cancelled the grant of 600,000
RSUs described in the Original Report and awarded Mr. Moore 200,000
RSUs with the following vesting schedule: 100% of the RSUs are to
vest on the one year anniversary of Mr. Moore's first date on the
Board, Nov. 5, 2015.

                         About Finjan

Finjan, formerly known as Converted Organics, is a leading online
security and technology company which owns a portfolio of patents,
related to software that proactively detects malicious code and
thereby protects end-users from identity and data theft, spyware,
malware, phishing, trojans and other online threats.  Founded in
1997, Finjan is one of the first companies to develop and patent
technology and software that is capable of detecting previously
unknown and emerging threats on a real-time, behavior-based basis,
in contrast to signature-based methods of intercepting only known
threats to computers, which were previously standard in the online
security industry.

Finjan Holdings reported a net loss of $12.6 million in 2015, a
net loss of $10.5 million in 2014 and a net loss of $6.07 million
in 2013.  As of Dec. 31, 2015, Finjan had $9.20 million in total
assets, $2.85 million in total liabilities and $6.34 million in
total stockholders' equity.


FMC TECHNOLOGIES: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
----------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by FMC Technologies Inc. to BB+
from BBB+ on May 4, 2016.

FMC Technologies, Inc. designs, manufactures, and services systems
and products used in offshore, particularly deepwater, exploration
and production of crude oil and natural gas.


FRONTLINE RECOVERY: 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 Frontline Recovery and Consulting, Inc.

Frontline Recovery and Consulting, Inc., sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No.
16-31568) on March 31, 2016.  The Debtor is represented by James Q.
Pope, Esq., at The Pope Law Firm.


GETTYSBURG CONNECTION: Plan Solicitation Period Extended to July 6
------------------------------------------------------------------
At the request of The Gettysburg Connection, LLP, the U.S.
Bankruptcy Court for the Middle District of Pennsylvania extended
the Debtor's time to file a Plan of Reorganization and Disclosure
Statement to May 7, 2016, and to solicit acceptances of a plan to
60 days thereafter, or July 6, 2016.

The Gettysburg Connection, LLP filed a Chapter 11 petition (Bankr.
M.D. Pa. Case No. 15-02029) on May 13, 2015, and is represented by
Gary J. Imblum, Esq. -- gary.imblum@imblumlaw.com -- at Imblum Law
Offices, P.C.


GMI USA: Proposes to Set May 20 Claims Bar Date
-----------------------------------------------
GMI USA Management, Inc., and its affiliated debtors ask the U.S.
Bankruptcy Court for the Southern District of New York to establish
bar dates by which all governmental and non-governmental entities
must file proofs of claims in the chapter 11 cases.

The Debtors propose these bar dates and claim filing procedures,
among others:

     (a) Claims Bar Date: All persons and entities holding or
wishing to assert a claim against any of the Debtors that arose
prior to the Petition Date, shall file proof of such Claim in
writing so that it is actually received on or before May 20, 2016
at 4:00 p.m., or be barred from doing so.

     (b) General Bar Date Applicable to Governmental Units: All
governmental units holding or wishing to assert a Claim against any
of the Debtors that arose prior to the Petition Date shall file
proof of such Claim in writing so that it is actually received on
or before May 20, 2016 at 4:00 p.m., or be barred from doing so.

     (c) Rejection Claim Bar Date: All entities holding or wishing
to assert a Claim relating to the Debtors' rejection of an
executory contract or unexpired lease shall file proof of such
Claim in writing so that it is actually received on or before the
later of (i) the claims bar date, and (ii) 30 days after the date
of the entry of an order authorizing the rejection of such contract
or lease, or be barred from doing so; and

     (d) Amended Schedule Bar Date: If the Debtors amend or
supplement their Schedules subsequent to the date hereof, the
Debtors shall give notice of any amendment or supplement to
Entities holding Claims directly affected thereby, and such
Entities holding or wishing to assert a Claim against any of the
Debtors that arose prior to the Petition Date, shall file proof of
such Claim in writing so that it is actually received on or before
30 days from the date of service of such notice, or be barred from
doing so.

The Debtors propose that entities with these types of claims will
be subject to the applicable Bar Dates if the entity holding such
claim desires to participate in any of the chapter 11 cases or
share in any distribution in the chapter 11 cases on account of
such Claim:

     (a) Any Claim that is listed in the Schedules as "contingent,"
"unliquidated," "disputed," or any combination thereof;

     (b) Any Claim that is improperly classified in the Schedules
or is listed in an incorrect amount if the Entity holding such
Claim desires to have such Claim allowed in a classification or
amount other than as set forth in the Schedules;

     (c) any Claim against a Debtor that is not listed in the
applicable Schedules; and

     (d) Any Claim arising under Section 503(b)(9) of the
Bankruptcy Code for goods received by the Debtors within 20 days
before the Petition Date.

The Debtors request that the Court require that all proofs of Claim
filed in the Chapter 11 cases be consistent with the following,
among others:

     (a) Proofs of Claim must: (i) be signed; (ii) include
supporting documentation (if voluminous, a summary must be
attached) or an explanation as to why documentation is not
available; (iii) set forth with specificity the legal and factual
basis for the alleged Claims; (iv) be in the English language; and
(v) be denominated in United States currency;

     (b) Any proof of Claim asserting a Section 503(b)(9) Claim
must also: (i) include the value of the goods delivered to and
received by the Debtors within 20 days before the Petition Date;
(ii) include supporting documentation identifying the particular
invoices for which the Section 503(b)(9) Claim is being asserted;
and (iii) include documentation of any reclamation demand made to
the Debtors under Section 546(c) of the Bankruptcy Code (if
applicable); and

     (c) Entities who wish to receive proof of receipt of their
proofs of Claim from the Clerk must also include with their proof
of Claim a copy of their proof of Claim and a self-addressed,
stamped envelope.

GMI USA Management, Inc., and its affiliated debtors are
represented by:

          John P. Melko, Esq.
          Michael K. Riordan, Esq.
          GARDERE WYNNE SEWELL LLP
          1000 Louisiana, Suite 2000
          Houston, TX 77002-5011
          Telephone: (713)276-5727
          Facsimile: (713)276-6727
          E-mail: jmelko@gardere.com
                  mriordan@gardere.com

                     About GMI USA Management

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

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

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

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

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

The Debtors tapped Gardere Wynne Sewell, LLP, as counsel, and AMA
Capital Parnters as financial advisor.


GREGORY REDFORD: Wants Exclusive Plan Filing Extended to June 24
----------------------------------------------------------------
Gregory Redford and Nevis Gail Redford filed with the U.S.
Bankruptcy Court for the Western District of Kentucky a motion to
extend the Debtors' exclusive period for filing a Chapter 11 plan
to June 24, 2016, and the period to solicit acceptances of that
Plan until July 25, 2016.

Since the Petition Date, the Debtors have continued to generate
revenues while exploring processes to increase profitability.  The
Debtors expect that the extended exclusivity period will enhance
their ability to propose a plan that meets the Bankruptcy Code's
criteria for confirmation because the additional time will enable
the Debtors to determine the overall economic health of their
business.  The Debtors are awaiting a response from one secured
creditor as to a proposed treatment in the plan.

As reported by the Troubled Company Reporter on May 2, 2016, the
Court previously ruled that no party other than the Debtors could
file a Plan at any time prior to May 13, 2016; and provided that
the Debtors file a plan on or before May 13, 2016, the Debtors
would have the exclusive right to solicit acceptances of a plan
sufficient to  achieve confirmation thereof until June 13, 2016.

Gregory Redford and Nevis Gail Redford are individuals residing in
Adair County, Kentucky.  The Debtors do business as Old Craftsman
Furniture and Cabinet Shop, a furniture and cabinet making business
in Columbia.

Gregory Redford and Nevis Gail Redford filed a joint Chapter 11
petition (Bankr. W.D. Ky. Case No. 15-10824) on Aug. 18, 2015,
represented by David M. Cantor, Esq., at Seiller Waterman LLC.

No trustee or committee of any kind has been appointed in
connection with this Chapter 11 case.


HANCOCK FABRICS: Asks Court to Extend Plan Exclusivity to Oct. 3
----------------------------------------------------------------
Hancock Fabrics, Inc., and its affiliated debtors ask the U.S.
Bankruptcy Court for the District of Delaware to extend the period
during which the Debtors have the exclusive right to file a chapter
11 plan by four months through and including October 3, 2016, and
the period during which the Debtors have the exclusive right to
solicit acceptances thereof, through and including December 2,
2016, or approximately 60 days after the expiration of the
Exclusive Filing Period, as extended.

A hearing on Hancock Fabrics' request is set for May 26, 2016 at
11:00 a.m.  Objections are due May 19, 2016 at 4:00 p.m.

The Debtors explain that they are presently engaged in numerous
activities in winding down the bankruptcy estates, including
rejecting leases and executory contracts, marketing their remaining
assets for sale, and addressing transition issues.  The Debtors are
pursuing each of these steps diligently in consultation with
appropriate parties.  The accomplishment of these tasks in the near
future will permit the Debtors to prepare and solicit support for
an appropriate chapter 11 plan within the extended Exclusive
Periods requested.

Pursuant to the Court's Order Approving (A) Bid Procedures, (B)
Procedures for Assumption and Assignment of Executory Contracts and
Unexpired Leases, and (C) Related Notices and Relief [D.I. 235],
the Debtors conducted an auction process of substantially all of
the Debtors' operating assets on March 29, 2016.  A liquidator,
Great
American Group WF, LLC, was determined to be the winning bidder for
the Debtors' inventory and certain other assets.  

On March 31, 2016, the winning bid was approved by the Court and
the sale transaction closed on April 1, 2016.   Pursuant to the
Sale Order and the Agency Agreement, the Debtors' inventory and
certain related assets are being liquidated through store closing
sales, which are expected to conclude on or before July 31, 2016.  
The Debtors are in the process of marketing and selling their
remaining assets, including owned real estate, leases and
intellectual property, and are efficiently and effectively winding
down their retail and headquarters operations.

On April 4, 2016, the Debtors filed their schedules of financial
affairs and statements of assets and liabilities.

The Debtors also have completed the liquidation of more than 70
retail stores and have rejected related leases that were no longer
of value to the bankruptcy estates, given the winddown of the
Debtors' business operations.  The Debtors have also engaged in
significant headcount reductions at the Debtors' retail locations,
distribution center and corporate headquarters.  

                       About Hancock Fabrics

Hancock Fabrics, Inc., is a specialty fabric retailer operating
stores under the name "Hancock Fabrics".  Hancock has 4,500
full-time and part time employees.  The Baldwyn, Mississippi-based
company is one of the largest fabric retailers in the United
States, operating 260 stores in 37 states as of October 31, 2015
and an internet store under the domain name
http://www.hancockfabrics.com/

Hancock Fabrics, Inc. and six of its affiliates, retailer of
fabric, sewing and accessories, filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10296 to 16-10302) on Feb.
2, 2016.  Dennis Lyons, the senior vice president and chief
administrative officer, signed the petitions.  Judge Brendan
Linehan Shannon is assigned to the jointly administered cases.

The Debtors have engaged O'Melveny & Myers LLP as general counsel,
Richards, Layton & Finger, P.A., as local counsel, Clear Thinking
Group LLC as financial advisor, Retail Consulting Services, Inc.
d/b/a Real Estate Advisors as real estate advisors and Kurtzman
Carson Consultants, LLC as claims and noticing agent.

The Debtors disclosed total assets of $151.4 million and total
debts of $182.1 million.  The Debtors owe its trade vendors
approximately $21.2 million as of Jan. 31, 2016.

On February 11, 2016, the United States Trustee appointed an
Official Committee of Unsecured Creditors.


HARGREAVES ASSOCIATES: Has Until Sept. 13 to Exclusively File Plan
------------------------------------------------------------------
The Hon. Hannah L. Blumenstiel of the U.S. Bankruptcy Court for the
Northern District of California has extended, at the behest of
Hargreaves Associates Incorporated, the Debtor's exclusivity period
to file a plan to Sept. 13, 2016.  The motion of the Debtor to
extend the exclusivity period came on for hearing on May 5, 2016.

Headquartered in San Francisco, California, Hargreaves Associates
Incorporated filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Calif. Case No. 15-31441) on Nov. 18, 2015, estimating its
assets at up to $50,000 and liabilities at between $1 million and
$10 million.  The petition was signed by George Hargreaves, CEO.
Mark J. Romeo, Esq., at the Law Offices of Mark J. Romeo serves as
the Company's bankruptcy counsel.


HELPING HANDS: Wants July 6 Deadline for Exclusive Plan Filing
--------------------------------------------------------------
Helping Hands Community Based Services, Inc., filed with the U.S.
Bankruptcy Court for the Northern District of Georgia a motion
requesting that the Debtor's exclusive period to file a plan be
extended to July 6, 2016.

July 6 is the current plan confirmation deadline established by the
Court.  

The Debtor says that it has filed a confirmable amended plan of
reorganization, along with its amended disclosure statement, on
April 11, 2016.  Thus, extending the exclusive deadline for
obtaining confirmation of a plan is fair and equitable in this
instance.

The Debtor's exclusive time within which to propose a plan expires
on May 25, 2016.   

Helping Hands Community Based Services, Inc. (Bankr. N.D. Ga. Case
No. 15-72675) filed for Chapter 11 bankruptcy protection on Nov.
27, 2015.  Tyler W. Henderson, Esq., at Jones & Walden, LLC, serves
as the Debtor's bankruptcy counsel.


HEXION INC: Approves 2016 Cash-Based Long-Term Incentive Award
--------------------------------------------------------------
The Compensation Committee of the Board of Managers of Hexion
Holdings LLC, the indirect parent company of Hexion Inc., approved
the form of a 2016 Cash-Based Long-Term Incentive Award Agreement
for awards to be made to employees of the Company, including the
Company's named executive officers, pursuant to the Momentive
Performance Materials Holdings LLC Long-Term Cash Incentive Plan.
The Plan is a long-term cash incentive plan that rewards employees
with additional cash compensation for the achievement of
performance-based targets or for continued employment with the
Company or one of the Company's subsidiaries.

Also on May 3, 2016, the Compensation Committee approved the 2016
annual incentive compensation plan for employees of the Company,
including the Company's named executive officers and other
specified members of management.

Under the 2016 IC Plan, named executive officers have the
opportunity to earn cash bonus compensation based upon the
achievement of certain division and/or corporate performance
targets established with respect to the plan.  The performance
targets are established based on the following performance
criteria: EBITDA (earnings before interest, taxes, depreciation and
amortization) adjusted to exclude certain non-cash, certain
non-recurring expenses and discontinued operations ("Segment
EBITDA"); environment, health & safety targets which measure
corrective actions completed on time, severe incident factor OSHA
recordable injuries, and occupational illness and injury rates; and
cash flow.

The performance criteria for participants are weighted by
component.  Participants have 55% of their incentive compensation
tied to achieving corporate, division, and/or business unit Segment
EBITDA targets, 10% tied to the achievement of corporate, division
or business unit EH&S goals, and 35% tied to the achievement of
corporate or division cash flow targets.  Minimum, target, upper
middle and maximum thresholds were established for the Segment
EBITDA performance criteria.  Minimum, target and maximum
thresholds were established for the cash flow performance criteria,
and target and maximum thresholds were established for the EH&S
goals.

The payouts for achieving the minimum thresholds are a percentage
of the allocated target award for the component (50% for Segment
EBITDA and cash flow).  The payouts for achieving the maximum
thresholds are 175% or 200% of the allocated target award,
depending on the participant's position.  Each performance measure
under the 2016 IC Plan acts independently such that a payout of one
element is possible even if the minimum target threshold for
another is not achieved.

                         About Hexion Inc.

Hexion Inc., formerly known as Momentive Specialty Chemicals, Inc.,
headquartered in Columbus, Ohio, is a producer of thermoset resins
(epoxy, formaldehyde and acrylic).  The company is also a supplier
of specialty resins for inks and specialty coatings sold to a
diverse customer base as well as a producer of commodities such as
formaldehyde, bisphenol A, epichlorohydrin, versatic acid and
related derivatives.

Hexion reported a net loss attributable to the Company of $40
million on $4.14 billion of net sales for the year ended Dec. 31,
2015, compared to a net loss attributable to the Company of $223
million on $5.13 billion of net sales for the year ended Dec. 31,
2014.

As of Dec. 31, 2015, Hexion had $2.38 billion in total assets,
$4.85 billion in total liabilities and a $2.47 billion total
deficit.

                           *     *     *

The TCR reported on Oct. 3, 2014, that Standard & Poor's Ratings
Services lowered its corporate credit rating on Momentive
Specialty by one notch to 'CCC+' from 'B-'.  "The downgrade
follows MSC's significant use of cash in the first half of 2014 and
our expectation that lackluster cash flow from operations and
elevated capital spending will cause free operating cash flow to be
significantly negative in 2014 and 2015," said Standard & Poor's
credit analyst Cynthia Werneth.

As reported by the TCR on Dec. 15, 2014, Moody's Investors Service
lowered the Corporate Family Rating of Momentive to 'Caa1' from
'B3'.  "Due to elevated leverage, heavy capital spending on new
capacity in 2014 and 2015, and the lack of meaningful improvement
in financial performance, Moody's have lowered Momentive
Specialty's rating," stated John Rogers, senior vice president at
Moody's.


HHH CHOICES: Seeks July 6, 2016 Exclusivity Period Extension
------------------------------------------------------------
Debtor Hebrew Hospital Senior Housing, Inc., asks the U.S.
Bankruptcy Court for the Southern District of New York, to extend
its exclusive periods to file and solicit acceptances of a chapter
11 plan, from April 7, 2016 to July 6, 2016, and June 6, 2016 to
Sept. 5, 2016, respectively.

"An extension of the Exclusive Periods would afford the Debtor and
all other parties-in-interest an opportunity to continue the
bankruptcy process, with the goal of negotiating, drafting and
approving an eventual sale.  While the requested extension poses
little or no harm to creditors, allowing the Exclusive Periods to
expire before the Debtor's Chapter 11 Case has an opportunity to
progress defeats the very purpose of Section 1121 of the Bankruptcy
Code," the Debtor avers.

Hebrew Hospital Senior Housing is represented by:

          Raymond L. Fink, Esq.
          John A. Mueller, Esq.
          HARTER SECREST & EMERY LLP
          12 Fountain Plaza, Suite 400
          Buffalo, NY 14202-2293
          Telephone: (716)853-1616
          E-mail: rfink@hselaw.com
                  jmueller@hselaw.com

                  About HHH Choices Health Plan

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.


HUSKY ENERGY: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Husky Energy Inc. to BB+ from
BBB+ on May 2, 2016.

Husky Energy Inc. is involved in the exploration, development, and
production of crude oil and natural gas in Canada and inx
international areas.


HUTCHESON MEDICAL: Wins 10th Interim Order to Use Cash Collateral
-----------------------------------------------------------------
The Hon. Paul W. Bonapfel of the U.S. Bankruptcy Court for the
Northern District of Georgia issued an interim order authorizing
Hutcheson Medical Center, Inc., and Hutcheson Medical Division,
Inc., to use cash collateral of Regions Bank and U.S. Foods Inc.,
pursuant to a budget.

As set forth in Regions amended proof of claim (Claim No. 351,
which amended Claim No. 303), the amount due and owing to Regions
under the Financing Documents as of the Petition Date was
$26,263,448, including principal, interest, attorneys' fees and
other charges.

The Interim Orders approved the Motion on an interim basis to allow
the Debtors emergency and continued use of Cash Collateral pursuant
to the terms set forth therein.

Subject to the terms and conditions contained in the Tenth Interim
Order, Ronald Glass is authorized to use Cash Collateral through
the earlier of (i) April 29, 2016, (ii) the occurrence of a Cash
Collateral Termination Event, and (iii) the entry of a final order
authorizing the use of Cash Collateral, provided that such use of
Cash Collateral in accordance with this Tenth Interim Order will be
limited solely for the actual and necessary expenses of operating
the Debtors' remaining businesses, preserving the Debtors'
remaining assets and administering these bankruptcy estates during
the Usage Period as set forth in the Budget.  Mr. Glass is the
Chapter 11 Trustee appointed for the Debtors' bankruptcy estates.

As used in this Tenth Interim Order, the "Carve Out" will encompass
these expenses: (i) U.S. Trustee Fees; (ii) Ombudsman Fees; and
(iii) all fees and reimbursements for disbursements of any Chapter
11 trustee appointed in these Cases and the professionals retained
by the Debtors, any Chapter 11 Trustee appointed in these Cases and
the Official Committee of Unsecured Creditors.

A copy of the Tenth Interim Order is available for free at
https://is.gd/YI1kOk

                 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.

The Debtors' Chapter 11 Plan and Disclosure Statement are due March
20, 2015.

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

No request has been made for the appointment of a trustee or
examiner.


HYPNOTIC TAXI: Panel Hires Diconza Traurig Kadish LLP as Counsel
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Hypnotic Taxi LLC,
et al., seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of New York to retain Diconza Traurig Kadish LLP
as Counsel for the Committee.

The Committee requires DTK to:

     (a) render legal advice to the Committee with respect to its
duties and powers in this case;

     (b) assist the Committee in its investigation of the acts ,
conduct assets, liabilities and financial condition of the Debtors,
the operation of the Debtor's business, the desirability of
continuance of such business and any other matters relevant to this
case or to the business affairs to the Debtor;

     (c) assist the Committee in its investigation of the validity,
extent and priority of pre-petition liens against the Debtor's
assets, and commencing adversary proceedings challenging such liens
if appropriate;

     (d) advise the Committee with respect to any proposed use of
cash collateral, sale, lease or other disposition of the Debtor's
assets and any other relevant matters;

     (e) advise the Committee with respect to insiders and
affiliates of the Debtor and taking such actions as are necessary
to represent the interests of the unsecured creditors of the estate
in respect thereof;

     (f) file, commence and prosecute such applications, motions,
complaints, and other papers and pleadings as necessary to
represent the unsecured creditors of the estate; and

     (g) perform other legal services, which may be required by,
and which are in the best interest of, the unsecured creditors.

DTK will be paid at these hourly rates:

     Attorneys                    $375-$645
     Paralegal                    $195

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

Allen G. Kadish, partner of Diconza Traurig Kadish 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.

DTK may be reached at:
    
      Allen G. Kadish
      Jeffrey Traurig
      Diconza Traurig Kadish LLP
      630 Third Avenue
      New York, NY 100017
      Phone: 212.682.4940
      Fax: 212.682.4942
      E-mail: gdiconza@dtklawgroup.com
              akadish@dtklawgroup.com

                          About Hypnotic Taxi

Hypnotic Taxi LLC and 21 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. E.D.N.Y. Lead Case No. 15-43300) on
July 22, 2015.  The petition was signed by Evgeny Freidman as
sole and managing member.

The Debtors are either limited liability companies or  corporations
organized under the laws of the State of New York.  The Debtors
maintain an office at 330 Butler Street, Brooklyn, New York 11217.
The Debtors each own either two or three New York City Medallions
issued by the New York City Taxi and Limousine Commission ("TLC")
and related Taxi Vehicles. The Debtors collectively own 46
Medallions and Taxi Vehicles.

Klestadt Winters Jureller Southard & Stevens LLP serves as the
Debtors' counsel.  Judge Carla E. Craig presides over the case.

The Debtors each own either two or three medallions issued by the
New York City Taxi and Limousine Commission that permit taxi
services to be performed by the Debtors.

Hypnotic Taxi LLC disclosed total assets of $1,941,314 and total
liabilities of $2,825,401 as of the Petition Date.

The U.S. Trustee for Region 2 appointed three creditors to serve on
the official committee of unsecured creditors.  The Committee
tapped White & Williams LLP as counsel and EisnerAmper as its
accountants and financial advisors.


IBT INTERNATIONAL: Seeks Dismissal of Involuntary Petition
----------------------------------------------------------
IBT International, Inc., asks the U.S. Bankruptcy Court for the
Central District of California, Santa Ana Division, to dismiss the
involuntary Chapter 11 petition filed against it.

The Debtor accuses the petitioning creditors of acting in bad
faith, filing an involuntary petition against an entity with no
other outstanding past due obligations solely for the purpose of
collecting a state court judgment, notwithstanding the abundant
debt collection procedures and protections afforded to creditors in
the state of California.

The Debtor contends that the petitioning creditors are forum
shopping, seeking to move into bankruptcy court claims that they
have been unsuccessful in pursuing in other forums, and seeking to
utilize Section 510(c)'s equitable subordination provisions in an
attempt to subordinate decades-old secured debt that they have
previously unsuccessfully sued to avoid.

"There is no bankruptcy purpose to be served by this involuntary
petition.  There are no other creditors whose interests would be
benefited by administration in bankruptcy.  The involuntary
petition should therefore be dismissed, and the right of IBT to
seek attorneys' fees, costs, damages and punitive damages caused by
this wrongful filing preserved under Section 303(i)," the Debtor
avers.

The Debtor's Motion is supported by the declarations of Dan W.
Baer, president and principal of IBT, and Todd C. Ringstad, a
partner in the law firm Ringstad & Sanders LLP, attorneys of record
for IBT.

IBT International, Inc., is represented by:

          Todd C. Ringstad, Esq.
          Brian R.M. Nelson, Esq.
          RINGSTAD & SANDERS, LLP
          2030 Main Street, 16th Floor
          Irvine, CA 92614
          Telephone: (949)851-7450
          Facsimile: (949)851-6926
          E-mail: todd@ringstadlaw.com
                  brian@ringstadlaw.com


JAMES M. SCOTT: Court Extends Exclusive Plan Filing Until June 15
-----------------------------------------------------------------
The Hon. Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut has extended, at the behest of James M.
Scott, the exclusive time period within which the Debtor may
exclusively file his Plan and Disclosure Statement to June 15,
2016, and the exclusive period within which the Debtor may solicit
acceptances and obtain approval of his Plan to Aug. 20, 2016.

As reported by the Troubled Company Reporter on April 15, 2016, the
Debtor's bankruptcy case was filed as a result of the entry of a
large adverse judgment rendered against the Debtor and Scott Scott
Swimming Pools, Inc., in state court.  That creditor, Walter
Whitney, asserts that he is owed approximately $3 million with the
accumulation of pre-and post-judgment interest.  That judgment was
on appeal to the Connecticut Appellate Court.  The Appellate Court
recently rendered its decision reducing the outstanding amount of
the judgment significantly by disallowing prejudgment interest.

According to the TCR, the Debtor is reviewing its appellate options
and has recently discussed settlement with Mr. Whitney.  Because of
the large size of this judgment, it has a significant effect on the
outcome of this Chapter 11 case.  Therefore, it is premature to
attempt to file a plan at this juncture.

James M. Scott owns real estate and other businesses including
Scott Swimming Pools, Inc., which sells and services swimming pools
and provides related landscaping and construction services.

The Debtor filed his Chapter 11 case (Bankr. D. Conn. Case No.
15-50083) on Jan. 20, 2015.  The Debtor is represented in the case
by Matthew K. Beatman, Esq., at Zeisler & Zeisler, P.C.

Scott Swimming Pools, Inc., based in Woodbury, Conn., filed a
Chapter 11 petition (Bankr. D. Conn. Case No. 15-50094) on Jan. 22,
2015.  Hon. Alan H.W. Shiff presides over the case.   Scott
Swimming Pools is represented by James M. Nugent, Esq., at Harlow,
Adams, And Friedman, P.C.  The petition listed $0 in assets and
$3.79 million in total liabilities, and was signed by James M.
Scott, president.  A list of Scott Swimming Pools's 20 largest
unsecured creditors is available for free at:

            http://bankrupt.com/misc/ctb15-50094.pdf


JUMIO INC: Wins Court Approval of Sale to Centana
-------------------------------------------------
Tom Corrigan, writing for Dow Jones' Daily Bankruptcy Review,
reported that Jumio Inc., an identity verification company, won
court approval to sell its assets to an affiliate of Centana Growth
Partners Friday, settling a court-supervised sale process rife with
controversy.

According to the report, a Delaware bankruptcy judge approved the
deal following an auction in which the New York-based
private-equity firm won the right to buy Jumio's business.  Jumio
chose Centana's $850,000 offer over a much larger offer from
Facebook co-founder Eduardo Saverin, which the company's
shareholders vehemently opposed.  The sale is scheduled to close
May 16, the report said.

Stephen Stuut, Jumio's chief executive, called the sale a "terrific
opportunity" in a statement, adding that "Centana is a great home
for Jumio," the report related.  "The transaction will be completed
quickly and will enable Jumio to move past our legacy issues to
become a stronger, more competitive company," he said.

The report noted that the sale process was delayed after the
company failed to attract any formal offers to compete with Mr.
Saverin by a court-ordered deadline, but by May 5, Jumio's lawyer
said two other bidders had come forward with serious offers.  A
12-hour auction ultimately produced Centana's winning bid, which
drew no opposition at the hearing, the report said.

The sale to Centana leaves behind the rights to pursue certain
lawsuits against Jumio's former management and its board members,
which shareholders say may be the bankruptcy estate’s largest
assets, the report added.

                            About Jumio

Headquartered in Palo Alto, California, Jumio is an online and
mobile identity management and credentials authentication company.

Its customers include, among others, Airbnb, United Airlines,
WorldRemit, EasyJet, and Duolingo.  Jumio has operations in the
United States, Europe and India.  Jumio employs 43 individuals.

Jumio Inc. filed a Chapter 11 bankruptcy petition (Bankr. D. Del.
Case No. 16-10682) on March 21, 2016.  The petition was signed by
Stephen Stuut as chief financial officer.  The Debtor estimated
assets in the range of $1 million to $10 million and debts of up
to
$50 million.  Judge Brendan Linehan Shannon has been assigned the
case.

The Debtor has engaged Landis Rath & Cobb LLP as bankruptcy
counsel, Wilmer Cutler Pickering Hale and Dorr LLP as special
corporate counsel, Ernst & Young LLP as financial advisor, Sagent
Advisors, LLC as investment banker, Cooley LLP as special SEC
counsel and Rust Consulting/Omni Bankruptcy as claims and noticing
agent.


LANDMARK PROPERTIES: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Landmark Properties, Inc.
        608 S. Market Street
        Salem, VA 24153

Case No.: 16-70639

Chapter 11 Petition Date: May 9, 2016

Court: United States Bankruptcy Court
       Western District of Virginia (Roanoke)

Judge: Hon. Paul M. Black

Debtor's Counsel: Andrew S Goldstein, Esq.
                  MAGEE GOLDSTEIN LASKY & SAYERS, P.C.
                  P O BOX 404
                  Roanoke, VA 24003
                  Tel: 540 343-9800
                  E-mail: agoldstein@mglspc.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jerry W. Grubb, Sr., president.

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


LIFE CARE: U.S. Trustee to Hold 341 Meeting Today
-------------------------------------------------
The Office of the U.S. Trustee will hold a meeting of creditors of
Life Care St. Johns Inc. today at 1:00 p.m., according to a filing
with the U.S. Bankruptcy Court for the Middle District of Florida.

The meeting will take place at Suite 1-200, 300 North Hogan Street,
Jacksonville, Florida.

The court overseeing the bankruptcy case of a company schedules the
meeting of creditors usually about 30 days after the bankruptcy
petition is filed.  The meeting is called the "341 meeting" after
the section of the Bankruptcy Code that requires it.

A representative of the company is required to appear at the
meeting and answer questions under oath.  The meeting is presided
over by the U.S. trustee, the Justice Department's bankruptcy
watchdog.

                    About Life Care St. Johns

Life Care St. Johns, Inc., doing business as Glenmoor, is a
not-for-profit organization that owns and operates a continuing
care retirement community in St. Johns County, Florida.  The
company received its certificate of occupancy in 1999 and began
operations in October of 2001.

As a CCRC, Glenmoor provides "lifecare services" to its residents,
each of whom reside in a residential unit.  The "lifecare" concept
recognizes that the healthcare and residency needs of elderly
residents vary along a continuum beginning with independent living
and in many cases ending with a need for full-time nursing care.
The Glenmoor community thus includes independent residential units,
an assisted living center, and a healthcare center for residents
requiring round the clock nursing care.

As disclosed in documents filed with the Court, Residency at
Glenmoor is provided pursuant to "Residence and Care Contracts"
which require prospective residents to pay an "Entrance Fee" and a
"Monthly Service Fee."  The Entrance Fee is a lump sum, one-time
payment based on the type of Residential Unit occupied by the
resident, and obligates Glenmoor to provide care to the resident so
long as he or she remains a resident and pays the Monthly Service
Fee.  Depending upon the type of contract selected, the Entrance
Fee may or may not be refundable.  For residents with refundable
Entrance Fee contracts, the refund is to be paid from the proceeds
of the next Entrance Fee received by Glenmoor.

According to Court filings, the economic recession which began in
late 2007 had a dramatic impact on Glenmoor, with fewer residents
being able to afford the required Entrance Fees as their home
equity and investments portfolios shrank in value.  With fewer new
residents entering the community than were moving out, significant
Entrance Fee refund liabilities began to accumulate, rising to
almost $8 million at their peak.  The decreasing revenues
eventually led to payment and other defaults under the $59 million
in Revenue Bonds issued in 2006 to support Glenmoor and refinance
an earlier bond issue.

On July 3, 2013, Glenmoor filed its initial Chapter 11 case in the
U.S. Bankruptcy Court for the Middle District of Florida amid
defaults under the Debtor's 2006 Bonds and threats of enforcement
action by the Florida's Office of Insurance Regulation, the
government entity that governs the licensing and operations of
continuing care retirement community in Florida.  A consensual Plan
of Reorganization was filed Nov. 27, 2013.  Glenmoor's Plan of
Reorganization was confirmed by the Court on Feb. 28, 2014.  The
Final Decree was entered on April 6, 2016.

Glenmoor filed its second voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case No.: 16-01347) on April
11, 2016.

The Debtor has engaged Thames Markey & Heekin, P.A., as bankruptcy
counsel; Walchle Investment Group, Inc. as sale broker; Cassidy
Turley Commercial Real Estate Services, Inc., as investment banker;
Greystone Development Company II, LP, as operations consultant;
Eddie Williams, III, Esq., as regulatory compliance counsel; Moore
Stephens Lovelace, CPA, as accountant; Globic Advisors, Inc., as
plan solicitation and tabulation agent; and American Legal Claim
Services, LLC as claims and noticing agent.

The Debtor estimated assets in the range of $10 million to $50
million and liabilities of up to $100 million.

The case is pending before the Honorable Jerry A. Funk.


LOUISIANA PELLETS: Has Final Authority to Obtain $22-Mil. Loan
--------------------------------------------------------------
The Louisiana Pellets, Inc., and German Pellets Louisiana LLC
sought and obtained final authority from the U.S. Bankruptcy Court
to borrow Debtor in Possession Credit from UMB Bank, National
Association, the successor Bond trustee, as the Lender.

The Debtors are allowed to obtain a loan in an aggregate amount of
up to $22,041,837 on a final basis, of which $938,003 having
already been advanced under the First Interim Order and Second
Interim Order.

The DIP Loans shall be used solely for the necessary operation and
maintenance costs associated with Phase I of the Project -- GPLA's
manufacturing and selling operations of wood biomass pellets at
LPI's Urania, LaSalle Parish, Louisiana Facility -- in the amounts
and categories and time set forth in the Budget, potential pellet
purchases, and other costs and expenses of administration of the
Chapter 11 Case as set forth in the Budget.

The Bond Trustee shall receive a superpriority expense claim that
shall be pari passu with the superpriority claim of the prior DIP
lender in an amount not in excess of $400,000 as additional
adequate protection for any diminution of its Collateral, and any
liens and claims granted to the Bond Trustee shall be subject to a
$175,000 carve-out intended for the sole benefit of the estate
professionals.

A full-text copy of the Final DIP Order dated April 14, 2016, with
Budget is available at https://is.gd/A6Wufg

             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.


LUPATECH SA: Chapter 15 Recognition Hearing Slated for May 25
-------------------------------------------------------------
Ricardo Doebell, in his capacity as the authorized foreign
representative of Lupatech S.A. et al., filed with the U.S.
Bankruptcy Court for the Southern District of New York (i) a
verified petitions for relief under Chapter 15 of the U.S.
Bankruptcy Code, and (ii) a motion for order granting final relief
in aid of a foreign proceeding, seeking recognition of Lupatech's
foreign proceeding as a "foreign main" proceeding pursuant to
Section 1515 of the U.S. Bankruptcy Code, and recognition and
enforcement of the Judicial Recovery Plan of Grupa Lupatech dated
Aug. 24, 2015, and the foreign court's order approving the Lupatech
Brazilian Plan.

Following entry of the proposed recognition order by the Court, all
Lupatech Finance Limited's 3% Guaranteed Senior Amortizing Bonds
will be exchange for new debt or equity securities in accordance
with any elections previously made by the holders of the notes.

The U.S. Court scheduled a hearing before the Hon. Martin Glenn on
May 25, 2016, at 10:00 a.m. (prevailing Eastern Time) One Bowling
Green, New York, New York.

                          About Lupatech

Headquartered in Sao Paulo, State of Sao Paulo, Brazil, Lupatech
S.A., et al., are part of a group of businesses (Lupatech Group)
that supplies products, services and integrated solutions for the
oil and gas industry.

The Lupatech Group's operations began in 1980 in Brazil and
currently consist of 17 separate business units located in Brazil
and Colombia.  In 2006, the shares of Lupatech S.A. began trading
publicly on the Novo Mercado segment of the Bolsa de Valores,
Mercadorias & Futuros de Sao Paulo, or the São Paulo Stock,
Mercantile, and Futures Exchange, under the symbol "LUPA3."

Lupatech S.A., Lupatech Finance Limited, Lupatech - Equipamentos e
Servicos para Petroleo Ltda. and Mipel Industria e Comercio de
Valvulas Ltda. each filed a Chapter 15 case (Bankr. S.D.N.Y. Case
Nos. 16-11078 to 16-11081, respectively) on April 27, 2016.  The
petitions were signed by Ricardo Doebeli as foreign
representative.

As disclosed in the bankruptcy filing, Lupatech Group's total debt
subject to the judicial reorganization is approximately R$650
million.  At the end of the third quarter of 2015, Lupatech Group
reported current assets of R$263.9 million and current liabilities
of R$760.6 million.  The Lupatech Group's consolidated net revenue
for the third quarter of 2015 was R$66.7 million.

Shearman & Sterling LLP represents the petitioner as counsel.

Judge Martin Glenn has been assigned the cases.


MAGNOLIA BREWING: Asks Court to Extend Plan Exclusivity to Aug. 26
------------------------------------------------------------------
Magnolia Brewing Company, LLC, also doing business as McLean
Breweries, asks the U.S. Bankruptcy Court to extend the periods
within which the debtor has the exclusive right to file a plan of
reorganization for 90 days from May 28, 2016 to and including
August 26, 2016, and the period within which it has the exclusive
right to solicit acceptance of a plan from July 27, 2016 to and
including Oct. 25, 2016.

The Debtor contends that the exclusivity periods should be extended
because the Debtor requires more time to implement a restructured
business model that will form the proof and basis of the
feasibility of its forthcoming plan.  This is the Debtor's second
request for an extension of the exclusivity periods.

The Debtor requested its first extension of exclusivity periods
because it had to spend a great deal of time in the first 120 days
of the bankruptcy case addressing administrative reporting, legal
issues, and negotiating cash collateral use and a very difficult
settlement with an affiliate, Reprise LLC, on hundreds of thousands
of dollars of debt, which resulted in a much needed cash infusion
of $100,000, effective on or about March 7, 2016.

When the Court granted the Debtor's first request for an extension
of exclusivity periods, the Debtor took heed of the Court's
admonishment that a further extension would be unlikely and that
the Debtor needs to work quickly to prepare a plan.  The Debtor
began working immediately and drafted a full-formed plan and
disclosure statement, but it soon became apparent that the Debtor
did not have the business performance history to proffer evidence
of feasibility based on its operations during the first few months
of the case. Now, the Debtor has formed and implemented a new
business plan, which includes new menus, a new staff structure, a
new director of operations, and an expanded beer distribution
model.

The Debtor's business suffered in the beginning of the year due to
the combination of winter and the stress of bankruptcy on staff
moral (some of whom quit), but now the business has turned
cash-positive as of March.  However, the March and April operating
history is not enough to support the feasibility requirements of
the Debtor's plan, though the Debtor believes its new business plan
will drive results that will support feasibility.  In the meantime,
though, if the Debtor's plan exclusivity periods are terminated, it
will open up the threat of other parties taking away control of the
Debtor's business through competing plans, and that will have a
damaging effect on the Debtor's staff and new business plan, just
when it has the chance to turn the corner and make economic
progress in support of reorganization.

The Debtor's business performance is just as important (if not more
important) to a successful reorganization as its legal and
administrative compliance.  Just as the Debtor needed its first
plan exclusivity extension to get ahead of its legal and
administrative issues, the Debtor now needs this second plan
exclusivity extension to get ahead of its business operations
issues.  In the end, the Debtor believes that it will be able to
(and will) propose a feasible plan based on stabilizing and
improving business performance in the coming months. During the
pendency of this case, the Debtor has addressed its duties as a
chapter 11 debtor in possession and fulfilled its reporting
requirements.  

There's a hearing on the request on May 27, 2016 Time: 10:00 a.m.
before Judge Dennis Montali.

Parties in the case are:

Ron Bender and John-Patrick M. Fritz -- rb@lnbyb.com and
JPF@LNBYB.com -- represent Debtor Magnolia Brewing Company, LLC

David W. Brody -- dbrody@brody-law.com -- represents Creditor
LoanMe, Inc.

David J. Cook -- cook@squeezebloodfromturnip.com  -- represents
Creditor Birite Restaurant Supply, Inc.

Lynette C. Kelly -- lynette.c.kelly@usdoj.gov,
ustpregion17.oa.ecf@usdoj.gov  and ltroxas@hotmail.com  --
represents U.S. Trustee Office of the U.S. Trustee / SF

Iain A. Macdonald -- iain@macfern.com -- represents Creditor
Michael Laurence

Austin P. Nagel -- melissa@apnagellaw.com  -- represents Creditor
Ford Motor Credit Company

Steven B. Sacks -- ssacks@sheppardmullin.com and
jnakaso@sheppardmullin.com  -- represents Creditor Committee
Official Committee Of Unsecured Creditors

Sarah M. Stuppi -- sarah@stuppilaw.com  -- represents Creditor
Committee Official Committee Of Unsecured Creditors

Katherine J. Santon -- kate.santon@sgclegal.com  -- represents
Creditor Asia International, Inc.

James A. Tiemstra jat@tiemlaw.com and sml@tiemlaw.com  --
represents Creditor MUFG Union Bank, N.A.

Kaipo K.B. Young KYoung@BL-Plaw.com  -- represents Creditor Cooks
Company Produce, Inc.

                     About Magnolia Brewing

Magnolia Brewing Company LLC sought protection under Chapter 11 of
the Bankruptcy Code in the U.S. Bankruptcy Court for the Northern
District of California (San Francisco) (Case No. 15-31480) on
November 30, 2015. The petition was signed by Dave McLean,
managing
member.

The Debtor owns and operates a 30-barrel production brewery located
at 3rd and 22nd in San Francisco, California, which was first
opened in 2014, as well as an adjacent restaurant, Smokestack.  The
Debtor also owns the Magnolia Pub and Brewery located at Haight and
Masonic in San Francisco as a result of the Debtor's acquisition of
those assets from McLean Breweries, Inc. pursuant to a merger
between the Debtor and McLean, which occurred in January 2015.
Before the merger, the Debtor and McLean had common management and
a number of common employees and substantially similar ownership.
The Debtor's beer is sold at both of its restaurants and to over
250 draft beer accounts in the San Francisco Bay Area.

The Debtor is represented by Ron Bender, Esq., and John-Patrick M.
Fritz, Esq., at Levene, Neale, Bender, Yoo & Brill L.L.P. The case
is assigned to Judge Dennis Montali.

The Debtor estimated both assets and liabilities in the range
of $1 million to $10 million.

The Office of the United States Trustee formed the Official
Committee of Unsecured Creditors on December 7, 2015.


MAGNUM HUNTER: Third Amended Joint Plan Declared Effective
----------------------------------------------------------
Magnum Hunter Resources Corporation, et al., informed the U.S.
Bankruptcy Court for the District of Delaware that its Third
Amended Joint Chapter 11 Plan of Reorganization (As Modified)
became effective on May 6, 2016.

The Bankruptcy Court on April 18, 2016, entered the Findings of
Fact, Conclusions of Law, and Order Confirming Third Amended Joint
Chapter 11 Plan of Reorganization.

The Debtors said all notices of rejection of Executory Contracts
and Unexpired Leases shall be served at least 30 calendar days
before June 12, 2016, which is one day before the Governmental Bar
Date, or such other date as may be agreed to by the Reorganized
Debtors and the Committee or the Unsecured Creditor Distribution
Trustee (as applicable) or as may be ordered by the Court.  Any
Claims arising from the rejection of an Executory Contract or
Unexpired Lease that are not Filed within such time will be
automatically Disallowed, forever barred from assertion, and shall
not be enforceable against, as applicable, the Debtors, the
Reorganized
Debtors, the Estates, or property of the foregoing parties, without
the need for any objection by the Debtors or the Reorganized
Debtors, as applicable, or further notice to, or action, order, or
approval of the Court or any other Entity.

Pursuant to the Plan and the Confirmation Order, the deadline for
filing requests for payment of Administrative Claims, other than
Professional Fee Claims, arising in the time period between March
21, 2016, and the Effective Date, shall be 30 days after the
Effective Date.

Pursuant to the Plan and the Confirmation Order, the deadline for
filing requests for payment of Professional Fee Claims shall be 45
days after the Effective Date.

On the Plan effective date, the Debtors filed a Fourth Amended Plan
Supplement includes the current drafts of the following documents,
as may be modified, amended, or supplemented from time to time in
accordance with the Plan:

     * Exhibit A - Schedule of Assumed Executory Contracts and
       Unexpired Leases

     * Exhibit B - Blackline of Schedule of Assumed Executory
       Contracts and Unexpired Leases

     * Exhibit C - Schedule of Rejected Executory Contracts and
       Unexpired Leases

     * Exhibit D - Blackline of Schedule of Rejected Executory
       Contracts and Unexpired Leases

     * Exhibit E - Updated Members of the Board of Reorganized
       Magnum Hunter Resources Corporation

A copy of the Plan supplement is available at:

   http://bankrupt.com/misc/MagnumHunter4thPlanSupplement.pdf

In a filing with the Securities and Exchange Commission, Magnum
Hunter disclosed that on the Effective Date, among other things:
(1) all previously issued securities of the Company, including the
securities listed in this Form 15 and the Common Stock, par value
$0.01 per share, of the Company issued and outstanding immediately
prior to the Effective Date  were cancelled and extinguished and
(2) new Common Stock, par value $0.01 per share, of the Company was
issued for distribution in accordance with the Plan. The number of
holders of record of the New Common Stock is less than 300. This
Form 15 is intended to suspend all filing obligations under Section
15(d) with respect to both the Company's Old Common Stock
extinguished in accordance with the Plan and any obligation which
may exist with respect to its New Common Stock.

Magnum Hunter also filed with the SEC its Annual Report on Form
10-K for the fiscal year ended December 31, 2015, which is
available at https://is.gd/uLtKzk

The Company posted revenues of $153,087,000 against a net loss of
$784,075,000 in 2015.

                        About Magnum Hunter

Magnum Hunter Resources Corporation is an oil and gas company
headquartered in Irving, Texas that primarily is engaged in the
acquisition, development, and production of oil and natural gas
reserves in the United States.  MHRC and its affiliates own
interests in approximately 431,643 net acres in total and have
proved reserves with an industry value of approximately $234.5
million as of December 31, 2015.  In the aggregate, MHRC generated
approximately $391.5 million in revenue from their operations in
2014 and generated approximately $169.3 million in revenues from
their operations for the ten months ended October 31, 2015.

Magnum Hunter Resources Corporation and 19 of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed Lead Case
No. 15-12533) on Dec. 15, 2015.  The petitions were signed by Gary
C. Evans as chairman and chief executive officer.

Judge Kevin Gross oversees the cases.  The Debtors have engaged
Kirkland & Ellis, LLP as their general counsel, Pachulski Stang
Ziehl & Jones LLP as local counsel, PJT Partners, LP as investment
banker, Alvarez & Marsal North America, LLC, as restructuring
advisor, and Prime Clerk, LLC as notice, claims and balloting
agent.

The U.S. Trustee has named three members to the Official Committee
of Unsecured Creditors.  The Committee retains Ropes & Gray LLP as
counsel, Cole Schotz P.C. as Delaware co-counsel, and Berkeley
Research Group, LLC as its financial advisor.

                            *     *     *

Bankruptcy Judge Gross on April 18, 2016, issued findings of fact,
conclusions of law, and order confirming Magnum Hunter Resources
Corporation, et al.'s Third Amended Joint Chapter 11 Plan of
Reorganization.  The key element of the Plan is the agreement of
creditors to convert their pre- and postpetition funded debt
claims, including the DIP facility claims of up to $200 million,
second lien claims of $336.6 million, and note claims of $600
million, into new common equity.  Specifically, the DIP Facility
Lenders shall receive their pro rata share of 28.8 percent of the
new common equity, the second lien lenders will receive their Pro
Rata share of 36.87 percent of the New Common Equity, and the
Noteholders shall receive their Pro Rata share of 31.33 percent of
the New Common Equity (all of which is subject to dilution by the
Management Incentive Plan).  Moreover, the holders of the
equipment
and real estate notes with principal totaling $13.2 million will
have their claims
reinstated.

The holders of general unsecured claims will receive their pro
rata
share of the unsecured creditor cash pool.  It is currently
intended that the unsecured creditor cash pool will be
$20,000,000,
which amount may be subject to the costs of any professional fees
or other expenses incurred as part of the claims reconciliation
process.


MGM RESORTS: Posts $66.8 Million Net Income for First Quarter
-------------------------------------------------------------
MGM Resorts International filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
attributable to the Company of $66.8 million on $2.38 billion of
revenues for the three months ended March 31, 2016, compared to net
income attributable to the Company of $170 million on $2.52 billion
of revenues for the same period in 2015.

As of March 31, 2016, MGM Resorts had $25.5 billion in total
assets, $17.6 billion in total liabilities, $6.25 million in
redeemable noncontrolling interest and $7.86 billion in total
stockholders' equity.

The Company's cash and cash equivalents at March 31, 2016, were
$1.7 billion, which included $595 million at MGM China.

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

                      https://is.gd/2OM5gT

                        About MGM Resorts

MGM Resorts International (NYSE: MGM) a global hospitality
company, operating a portfolio of destination resort brands
including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The
Company also owns 51% of MGM China Holdings Limited, which owns
the MGM Macau resort and casino and is in the process of
developing a gaming resort in Cotai, and 50% of CityCenter in Las
Vegas, which features ARIA resort and casino.  For more
information about MGM Resorts International, visit the
Company's Web site at www.mgmresorts.com.

MGM Resorts reported a net loss attributable to the Company of
$447.72 million in 2015, a net loss attributable to the Company of
$149.87 million in 2014 and a net loss attributable to the Company
of $171.73 milion in 2013.

                           *     *     *

As reported by the TCR on Nov. 14, 2011, Standard & Poor's Ratings
Services raised its corporate credit rating on MGM Resorts
International to 'B-' from 'CCC+'.   In March 2012, S&P revised
the outlook to positive from stable.

"The revision of our rating outlook to positive reflects strong
performance in 2011 and our expectation that MGM will continue to
benefit from the improving performance trends on the Las Vegas
Strip," S&P said.

In March 2012, Moody's Investors Service affirmed its B2 corporate
family rating and probability of default rating.  The affirmation
of MGM's B2 Corporate Family Rating reflects Moody's view that
positive lodging trends in Las Vegas will continue through 2012
which will help improve MGM's leverage and coverage metrics,
albeit modestly. Additionally, the company's declaration of a $400
million dividend ($204 million to MGM) from its 51% owned Macau
joint venture due to be paid shortly will also improve the
company's liquidity profile.  The ratings also consider MGM's
recent bank amendment that resulted in about 50% of its
$3.5 billion senior credit facility being extended one year from
2014 to 2015.

As reported by the TCR on Sept. 29, 2014, Fitch Ratings has
upgraded MGM Resorts International's (MGM) and MGM China Holdings
Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-',
respectively.  Fitch's upgrade of MGM's IDR to 'B+' and the
Positive Outlook reflect the company's strong performance on the
Las Vegas Strip and in Macau as well as Fitch's longer-term
positive outlooks for these markets.


MIDWAY GOLD: Court Extends Plan Exclusivity to June 16
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Colorado granted the
Third Motion for an Order Extending Exclusive Periods to File a
Plan and Solicit Acceptances Under Section 1121(d) of the
Bankruptcy Code filed by Midway Gold US Inc. and its affiliated
debtors and debtors-in-possession.  No objections to the Motion
have been filed.

The Court held that the Plan Exclusivity Period is further extended
through and including June 16, 2016 and the Acceptance Period is
further extended through and including Aug. 18, 2016, in each case
subject to the Debtors' right to request further extensions if and
when they deem necessary or appropriate.

As reported by the Troubled Company Reporter, Midway Gold US Inc.
and the affiliated debtors told the Court that they have already
obtained two prior extensions of the Exclusivity Periods, however,
since the Court has granted the second extension, they focused on
conducting a transaction process, in consultation with the Official
Committee of Unsecured Creditors and their prepetition lenders,
Commonwealth Bank of Australia and Hale Capital Partners, to
identify all available restructuring alternatives in accordance
with the milestones approved by the Court in the Final Cash
Collateral Order, and moving the sale process forward.

Therefore, the Debtors asserted, an additional time is needed to
formulate a plan, and that a further extension of the Exclusivity
Periods is necessary to facilitate the Transaction Process that is
underway that will enable continued discussions and negotiations on
a consensual basis with all key parties and stakeholders while
providing the Debtors with continued control over the plan
confirmation process and related matters.

Midway Gold US Inc. and the affiliated debtors are represented by:

       Stephen D. Lerner, Esq.
       SQUIRE PATTON BOGGS (US) LLP
       221 E. Fourth Street, Suite 2900
       Cincinnati, OH 45202
       Telephone: (513) 361-1200
       Facsimile: (513) 361-1201
       Email: Stephen.lerner@squirepb.com

       -- and --

       Nava Hazan, Esq.
       SQUIRE PATTON BOGGS (US) LLP
       30 Rockefeller Plaza, 23rd Floor
       New York, NY 10112
       Telephone: (212) 872-9800
       Facsimile: (212) 872-9815
       Email: Nava.hazan@squirepb.com

       -- and --

       Harvey Sender, Esq.
       SENDER WASSERMAN WADSWORTH, P.C.
       1660 Lincoln Street, Suite 2200
       Denver, Colorado 80264
       Telephone: (303) 296-1999
       Facsimile: (303) 296-7600
       Email: dvw@sendwass.com

               About Midway Gold

Midway Gold Corp., incorporated on May 14, 1996 under the laws of
the Province of British Columbia, Canada, is engaged in the
acquisition, exploration and development of mineral properties
located in the state of Nevada and Washington.

Midway Gold operates primarily through its wholly-owned subsidiary
located in the United States, Midway Gold US Inc.  The executive
offices are in Englewood, Colorado.  Midway US currently has one
gold producing property: the Pan gold mine located in White Pine
County, Nevada.  Midway also has gold properties which are
exploratory stage projects where gold mineralization has been
identified, such as the Tonopah project in Nye County, Nevada, the
Gold Rock project in White Pine County, Nevada, and the Golden
Eagle project in Ferry County, Washington.  Out of these projects,
a permitting process has been undertaken only for the Gold Rock
project.  Finally, Midway's Spring Valley property, another gold
property located in Pershing County, Nevada, is subject to a joint
venture with Barrick Gold Exploration Inc.

On June 22, 2015, Midway Gold US Inc. and 12 related entities,
including parent Midway Gold Corp. each filed a petition in the
U.S. Bankruptcy Court for the District of Colorado seeking relief
under Chapter 11 of the U.S. Bankruptcy Code.  The Debtors' cases
have been assigned to Judge Michael E. Romero.  

Judge Michael E. Romero directed the joint administration of the
cases under Case No. 15-16835.

The Debtors tapped Squire Patton Boggs (US) LLP as lead bankruptcy
counsel; Sender Wasserman Wadsworth, P.C., as special bankruptcy
and restructuring counsel; DLA Piper (Canada) LLP, as Canadian
bankruptcy counsel; Ernst & Young Inc., as information officer of
Canadian court; RBC Capital Markets, as investment banker; FTI
Consulting as financial advisor; and Epiq Solutions, as claims and
noticing agent.

Midway Gold Corp. disclosed $184 million in assets and $62.4
million in liabilities as of March 31, 2015.  Midway Gold US Inc.,
disclosed total assets of $2,461,673 and total liabilities of
$122,448,181 as of the Chapter 11 filing.

In July, the U.S. Trustee overseeing the Debtors' cases appointed
seven creditors to serve on the official committee of unsecured
creditors.  The creditors are American Assay Laboratories, EPC
Services Company, InFaith Community Foundation, Jacobs Engineering
Group Inc., SRK Consulting (US) Inc., Sunbelt Rentals, and Boart
Longyear.  Gavin/Solmonese LLC serves as its financial advisor.


MPH ACQUISITION: Moody's Puts B2 CFR Under Review for Downgrade
---------------------------------------------------------------
Moody's Investors Service placed the ratings of MPH Acquisition
Holdings LLC (the indirect parent of MultiPlan, Inc.) under review
for downgrade, including the company's B2 Corporate Family Rating,
B2-PD Probability of Default Rating, and debt instrument ratings.
The review was prompted by the announcement on May 5, 2016 that
Hellman & Friedman LLC ("Hellman") had agreed to purchase MultiPlan
from Starr Investment Holdings and Partners Group AG for $7.5
billion.  The proposed acquisition is expected to be funded through
the issuance of new debt and is expected to close in early June.

On review for downgrade:

MPH Acquisition Holdings LLC

  Corporate Family Rating at B2

  Probability of Default Rating at B2-PD

  Senior Global Notes at Caa1 (LGD 5)

  Senior Secured Revolving Credit Facility at B1 (LGD 3)

  Senior Secured Term Loan at B1 (LGD 3)

Although financing details have not been provided, Moody's expects
that financial leverage will increase as a result of the
acquisition of the company by Hellman.  Moody's review of the
ratings will focus primarily on the financial leverage and the
capital structure that will result from the sale to Hellman, as
well as ongoing operating trends at Multiplan.  Moody's will also
evaluate current and projected operating performance, as well as
the proposed ownership and governance structure.  Moody's expects
that the ratings will likely be downgraded by no more than one
notch, although the ratings could remain unchanged reflecting
Moody's view of the company's future operating performance.

RATINGS RATIONALE

Excluding its acquisition by Hellman & Friedman, the B2 CFR
reflects MultiPlan's modest scale based on revenues, high financial
leverage, and high concentration among its largest healthcare payer
customers.  The ratings also reflect the company's aggressive
stance towards debt financed acquisitions and dividends, as well as
declining revenues within its primary network business.  The
ratings are supported by the company's leading scale and market
position in the Preferred Provider Organization industry, solid
operating margins, and stable free cash flow.  Moody's also
recognizes the PPO industry's high barriers to entry, solid organic
growth within MultiPlan's Analytics-Based Solutions business, and
the company's good historical track record of debt reduction.

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

MPH Acquisition Holdings LLC is a holding company whose principal
operating subsidiary is MultiPlan, Inc.  Based in New York City,
MultiPlan provides health care cost management services via
contract arrangements between health insurance companies, national
and regional health plans, third party administrators, self-insured
employers, Taft-Hartley sponsored plans and federal and state
government agencies.  Multiplan pays a negotiated rate to its
network providers after it receives payment from its payor
customers, and recognizes the difference as revenue.  The company
is currently privately-held by Starr Investment Holdings and
Partners Group and generates roughly $865 million in annual
revenues.


NATURAL MOLECULAR: Redmond Allowed to Foreclose on Wash. Property
-----------------------------------------------------------------
Judge Marc Barreca of the U.S. Bankruptcy Court for the Western
District of Washington at Seattle granted in its entirety the
motion for relief from the automatic stay filed by Redmond Funding
Group, LLC, in the bankruptcy case of Natural Molecular Testing
Corporation.

The request was made to allow Redmond Funding to exercise its
rights and remedies with regard to a first lien and a second lien
deed of trust, including the right to foreclose such deeds of
trust, which encumber certain real property commonly known as 260
Vineyard Drive, in Orondo, Douglas County, Washington.  The
Property is presently owned by Beau Fessenden and Delsy Fessenden

The Debtor holds a subordinate deed of trust that additionally
encumbers the Property.

                     About Natural Molecular

Natural Molecular Testing Corp., which provides molecular
diagnostic-testing services, including testing for sexually
transmitted diseases and screening and counseling about cystic
fibrosis, filed a petition for Chapter 11 protection (Bankr. W.D.
Wash. Case No. 13-19298) on Oct. 21, 2013, in Seattle.  Hacker &
Willig, Inc., P.S., serves as its bankruptcy counsel.  The closely
held company said assets are worth more than $100 million while
debt is less than $50 million.

Gail Brehm Geiger, Acting U.S. Trustee for Region 18, appointed a
five-member Committee of Unsecured Creditors.  Foster Pepper's Jane
Pearson, Esq.; Christopher M. Alston, Esq., and Terrance Keenan,
Esq., serve as the Committee's attorneys.


NORANDA ALUMINUM: Royce & Assoc. No Longer Holds Equity Stake
-------------------------------------------------------------
Royce & Associates, LLC filed Amendment No. 1 to its SCHEDULE 13G
report with the Securities and Exchange Commission that it no
longer holds shares of Noranda Aluminum Holding Corporation, which
is in bankruptcy protection.  A copy of the report is available at
https://is.gd/VZ0jP7

                      About Noranda Aluminum

Noranda Aluminum, Inc., and 10 of its affiliates filed separate
Chapter 11 bankruptcy petitions (Bankr. E.D. Mo. Proposed Lead
Case No. 16-10083) on Feb. 8, 2016.  The petitions were signed
by Dale W. Boyles, the chief financial officer.  Judge Barry S.
Schermer is assigned to the cases.

The Debtors have engaged Paul, Weiss, Rifkind, Wharton & Garrison
LLP as counsel, Carmody MacDonald P.C. as local counsel, PJT
Partners, LP as investment banker, Alvarez & Marsal North America,
LLC as restructuring advisors and Prime Clerk LLC as claims,
solicitation and balloting agent.

The Debtors estimated both assets and liabilities in the range of
$1 billion to $10 billion.  As of the Petition Date, the Debtors
had approximately $529.6 million in outstanding principal amount
of secured indebtedness, consisting of a revolving credit
facility and a term loan facility.

The Debtors had approximately 1,857 employees as of the Petition
Date.


NORFE GROUP: PRAPI Asks Court to Lift Stay to Proceed Foreclosure
-----------------------------------------------------------------
PR Asset Portfolio 2013-1 International Sub I, LLC, filed a motion
asking the U.S. Bankruptcy Court to lift the automatic stay imposed
in the Chapter 11 case of Norfe Group Corp. over PRAPI's
Collateral, and allow PRAPI to conclude with its pending
foreclosure proceedings before the State Court Cases.

PRAPI narrates that it was forced to file for collection of money
and foreclosure before the Puerto Rico Court of First Instance,
Superior Court of San Juan, Case No. KDC 2014-0714 (803) and KCD
2014-2808 (803) due to the Debtor's continued default on its
payment obligations under a "Settlement and Release Agreement" with
PRAPI.

PRAPI claims as the largest creditor in this case holding a valid,
perfected, secured claim in the amount of $13,497,850 as of the
Petition Date, as such, possessing substantial control of the
secured class of any prospective plan, as well as have significant
leverage in the unsecured class in light of the amount of PRAPI's
deficiency claim, so that it is highly unlikely that the Debtors
can confirm a plan without PRAPI's support.

PRAPI further narrates that the Debtor has not presented any
proposal whatsoever for providing adequate protection to PRAPI and
the Debtor has continued to use and deplete PRAPI's Cash Collateral
in this case, notwithstanding PRAPI's specific demand for
protection and the subsequent entry of an Order Prohibiting the Use
of PRAPI's Cash Collateral, which raises severe doubts as to the
Debtor's capacity to make any payments under a proposed
reorganization plan.

Moreover, PRAPI tells the Court that the Debtor has even admitted
at the 341 meeting that the Debtor's proposed use of the Collateral
consists exclusively on the sale of its asset, and since any
potential sale requires the express consent and acquiescence of
PRAPI and the proceeds that would be generated by any such sale
would not be sufficient to satisfy PRAPI's debt in full, much less
generate any distribution to the unsecured creditors in this case.
Likewise, the Debtor's Monthly Operating Report reveals the Debtor
as administratively insolvent for it is dependent on intercompany
transfer in order to satisfy its monthly expenditures, which
clearly reflects that the Debtor does not have the financial
capacity to repay its obligations.

Consequently, PRAPI avers that any proposed reorganization plan
that may be filed by the Debtor would also be unconfirmable in the
event that PRAPI were to make an election to treat its debt as
fully secured, as Debtor does not have the financial capacity to
make the required payments under this particular scenario, and
given the fact that there exists no equity in the Collateral, the
stay should be lifted in favor of PRAPI as the Collateral subject
to PRAPI's lien is not "necessary for an effective
reorganization."

PR Asset Portfolio 2013-1 International Sub I, LLC is represented
by:

       Hermann D. Bauer, Esq.
       Nayuan Zouairabani, Esq.
       O’NEILL & BORGES LLC
       American International Plaza
       250 Muñoz Rivera Avenue, Suite 800
       San Juan, Puerto Rico 00918-1813
       Telephone: (787) 764-8181
       Facsimile: (787) 753-8944
       Email: 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.


OCEANEERING INT'L: Egan-Jones Cuts FC Sr. Unsecured Rating to BB+
-----------------------------------------------------------------
Egan-Jones Ratings Company downgraded the foreign currency senior
unsecured rating on debt issued by Oceaneering International, Inc.
to BB+ from BBB+ on May 4, 2016.

Oceaneering International, Inc. is a global provider of engineered
services and products to the offshore oil and gas industry. The
Company offers services and products in remotely operated vehicles,
mobile offshore production systems, engineering and product
management, manned diving and other deep water applications.
Oceaneering also serves the defense and aerospace industries.


PACIFIC SUNWEAR: May Move Forward With Auction Process
------------------------------------------------------
Lillian Rizzo, writing for Dow Jones' Daily Bankruptcy Review,
reported that teen retailer Pacific Sunwear of California Inc. won
approval from a bankruptcy judge to move forward with plans to test
its restructuring proposal at auction.

According to the report, Judge Laurie Selber Silverstein of the
U.S. Bankruptcy Court in Wilmington, Del., signed off on the
proposal, which calls for a June 15 deadline for bids and, if
needed, a June 22 auction.

As previously reported by The Troubled Company Reporter, citing
BankruptcyData, PacSun filed with the Bankruptcy Court a motion to
approve bidding procedures, scheduling the bid deadline and auction
and granting related relief.

BData said, term loan lender Golden Gate Capital will serve as the
stalking horse purchasers for substantially all of the Debtors'
assets on the terms and as provided for in the Joint Plan of
Reorganization, acknowledging that the stalking horse bid will
provide for payment in full in cash of all D.I.P. facility claims
and ABL claims on the Plan's effective date or closing date of the
sale).

The motion explains, "The determination of which Qualified Bid
constitutes the Baseline Bid and which Qualified Bid constitutes
the Winning Bid . . . shall take into account any factors the
Debtors, in consultation with the Term Loan Lenders, the DIP Agent
and their respective advisors, reasonably deem relevant to the
value of the Qualified Bid to their estates, including, inter alia:
(a) the amount and nature of the consideration; (b) certainty of
closing; (c) the net economic effect of any changes to the value to
be received by each of the Debtors' classes of claims or interests
from the transaction currently set forth in the Plan, if any,
contemplated by the Sale Process Documents; and (d) tax
consequences of such Qualified Bid."

The deadline to submit qualified competing bids is June 17, 2016
and an auction, if necessary, would be conducted on June 22, 2016.
Each competing bid must be accompanied by a deposit in the amount
equal to 10% of the bidder's proposed purchase price in cash to an
escrow account to be identified and established by the Debtors.
The
bidding procedures require minimum overbid increments in the
amount
of at least $500,000.

                      About Pacific Sunwear

Founded in 1982 in Newport Beach, California as a surf shop,
Pacific Sunwear of California, Inc. operates in the teen and young
adult retail sector, selling men's and womens apparel,
accessories,
and footwear. The Company went public in 1993 (NASDAQ: PSUN), and
peaked with 965 stores in 2006. At present, the Company has
approximately 593 retail locations nationwide under the names
"Pacific Sunwear" and "PacSun," which stores are principally in
mall locations. The Company has 2,000 full-time workers. Through
its ecommerce business, the Company operates an e-commerce site at
http://www.pacsun.com/     

On April 7, 2016, Pacific Sunwear of California, Inc., and two
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 Delaware.  The cases are jointly administered
under Case No. 16-10882 and are pending before the Honorable
Laurie
Selber Silverstein.

The Debtors sought Chapter 11 protection with a Chapter 11 plan
that would convert debt into equity.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and Klee,
Tuchin, Bogdanoff & Stern LLP as attorneys; FTI Consulting, Inc.,
as financial advisor; Guggenheim Securities, LLC, as investment
banker; and Prime Clerk LLC as claims and noticing agent.


PARAGON OFFSHORE: Noble Corp. to Provide Direct Bonding
-------------------------------------------------------
Paragon Offshore plc on February 12, 2016, entered into a binding
term sheet with Noble Corporation plc with respect to a definitive
settlement agreement.  On April 29, 2016, the Company and Noble
executed the Noble Settlement Agreement as contemplated by the Term
Sheet. The Noble Settlement Agreement remains subject to the
approval of the U.S. Bankruptcy Court for the District of Delaware
and will become effective upon the consummation of the Company's
previously disclosed plan of reorganization by the Bankruptcy Court
and the satisfaction of certain other conditions precedent as set
forth in the Noble Settlement Agreement. The consummation of the
Plan is subject to customary closing conditions including without
limitation, the Bankruptcy Court approval, and no assurance can be
given that the transactions specified in the Plan will be
consummated.

Upon effectiveness of the Noble Settlement Agreement, Noble will
provide direct bonding in fulfillment of the requirements necessary
to challenge tax assessments in Mexico relating to the Company's
business for the tax years 2005 through 2010.  The Mexican Tax
Assessments were originally allocated to the Company by Noble
pursuant to the Tax Sharing Agreement by and between Noble and the
Company, which was entered into in connection the Company's
separation from Noble.

The Company has contested or intends to contest the Mexican Tax
Assessments and it may be required to post bonds in connection
therewith.  As of December 31, 2015, the Mexican Tax Assessments
totaled approximately $200 million, with assessments for 2009 and
2010 yet to be received.  Additionally, Noble will be responsible
for all of the ultimate tax liability for Noble legal entities and
50% of the ultimate tax liability for the Company's legal entities
following the defense of the Mexican Tax Assessments.  In
consideration for this support, the Company has agreed to release
Noble, fully and unconditionally, from any and all claims in
relation to the Spin Off.

A copy of the Noble Settlement Agreement is available at
https://is.gd/epnUqg

                   About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a    

global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles). Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas. Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the over-
the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed separate Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10385 to 16-
10410) on Feb. 14, 2016, after reaching a deal with lenders on a
reorganization plan that would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total
debts of $2.96 billion as of Sept. 30, 2015.

The Debtors have engaged Weil, Gotshal & Manges LLP as general
counsel, Richards, Layton & Finger, P.A. as local counsel, Lazard
Freres & Co. LLC as financial advisor, Alixpartners, LLP as
restructuring advisor, and Kurtzman Carson Consultants as claims
and noticing agent.


PEABODY ENERGY: May 17 Hearing on DIP Loan, Securitization Program
------------------------------------------------------------------
Peabody Energy Corporation will appear before the Bankruptcy Court
on May 17 for an important hearing.

The Court that day will consider final approval of the Debtors'
request to approve DIP financing and a proposed securitization
program.

On the Petition Date, the Debtors filed a motion seeking
authorization to use cash collateral and to approve financing under
that certain Superpriority Secured Debtor-In-Possession Credit
Agreement by and among the Company as borrower, Global Center for
Energy and Human Development, LLC (Global Center) and certain
Debtors party thereto as guarantors (the Guarantors and together
with the Company, the Loan Parties), the lenders party thereto (the
DIP Lenders) and Citibank, N.A. as Administrative Agent (in such
capacity, the DIP Agent) and L/C Issuer. The DIP Credit Agreement
provides for:

     (i) a term loan not to exceed $500 million (the DIP Term Loan
Facility), of which $200 million is available until the entry of
the final order approving the DIP Credit Agreement (the Final
Order), secured by substantially all of the assets of the Loan
Parties, subject to certain excluded assets and carve outs and
guaranteed by the Loan Parties (other than the Company), which
would be used for working capital and general corporate purposes,
to cash collateralize letters of credit and to pay fees and
expenses,

    (ii) a cash collateralized letter of credit facility in an
amount up to $100 million (the L/C Facility), and

   (iii) a bonding accommodation facility in an amount up to $200
million consisting of (x) a carve-out from the collateral with
superpriority claim status, subject only to the fees carve-out,
entitling the authority making any bonding request to receive
proceeds of collateral first in priority before distribution to any
DIP Lender or other prepetition secured creditor, except for
letters of credit issued under the DIP Credit Agreement and/or (y)
a letter of credit facility (the Bonding L/C Facility).

The aggregate face amount of all letters of credit issued under the
L/C Facility and the Bonding L/C Facility shall not at any time
exceed $50 million without DIP Lender consent.

The DIP Credit Agreement includes covenants that, subject to
certain exceptions, require the Company to maintain certain minimum
thresholds of liquidity and consolidated EBITDA and to not exceed a
certain maximum capital spend, and limit the ability of the Company
and the Guarantors to, among other things: (i) make dispositions of
material leases and contracts, (ii) make acquisitions, loans or
investments, (iii) create liens on their property, (iv) dispose of
assets, (v) incur indebtedness, (vi) merge or consolidate with
third parties, (vii) enter into transactions with affiliated
entities, and (viii) make material changes to their business
activities.

In addition to customary events of default, the DIP Credit
Agreement contains the following milestones relating to the Chapter
11 Cases, the failure of which, if not cured, amended or waived,
would result in an event of default:

     -- not later than 120 days following the Petition Date,
delivery of the U.S. Business Plan and the Australian Business
Plan;

     -- not later than 30 days following the Petition Date, a
declaratory judgment action shall be commenced by the Company
(without prejudice to the rights of any party-in-interest to
commence such a declaratory judgment action or any other
proceeding) seeking a determination of the Principal Property Cap
(including the amount thereof) and which of the U.S. Mine complexes
are Principal Properties (the CNTA Issues), and not later than 180
days following the petition date of the Chapter 11 Cases, the
Bankruptcy Court shall have entered an order determining the CNTA
Issues;

     -- not later than 210 days following the Petition Date, the
filing of an Acceptable Reorganization Plan (as defined below) and
related disclosure statement;

     -- not later than 270 days following the Petition Date, entry
of an order approving a disclosure statement for an Acceptable
Reorganization Plan; and

     -- not later than 330 days following the Petition Date, the
entry of an order confirming an Acceptable Reorganization Plan; not
later than 360 days following the Petition Date, effectiveness of
an Acceptable Reorganization Plan.

"Acceptable Reorganization Plan" means a reorganization plan that
(i) provides for the termination of the commitments and the payment
in full in cash of the obligations under the DIP Credit Agreement
(other than contingent indemnification obligations for which no
claims have been asserted) on the consummation date of such
reorganization plan and (ii) provides for customary releases of the
DIP Agent, the DIP Lenders and the L/C Issuer and each of their
respective representatives, from any and all claims against the DIP
Agent, the DIP Lenders and the DIP L/C Issuer in connection with
the DIP Credit Agreement or the cases to the fullest extent
permitted by the Bankruptcy Code and applicable law.

On April 15, 2016, the Bankruptcy Court issued an order approving
the DIP Motion on an interim basis and authorizing the Loan Parties
to, among other things, (i) enter into the DIP Credit Agreement and
initially borrow up to $200 million, (ii) obtain a cash
collateralized letter of credit facility in the aggregate amount of
up to $100 million, and (iii) an accommodation facility for bonding
requests in an aggregate stated amount of up to $200 million.  

On April 18, 2016, the Company entered into the DIP Credit
Agreement with the DIP Lenders and borrowed $200 million under the
DIP Term Loan Facility. The Bankruptcy Court will consider final
approval of the DIP Financing at a hearing currently scheduled for
May 17, 2016.

Subsequent to March 31, 2016, the Company executed two amendments
to its accounts receivable securitization program (securitization
program). These amendments permit the continuation of the
securitization program through the Company's Chapter 11 cases.

On April 12, 2016, the Company entered into an amendment to its
securitization program to state that the filing of the Bankruptcy
Petitions would not result in an automatic termination of the
securitization program that would result in the acceleration of the
obligations thereunder. On April 18, 2016, the Company entered into
an additional amendment to its securitization program to:

     (i) change the maturity date to the earlier of March 23, 2018
and the emergence of the Company from the Chapter 11 Cases,

    (ii) enact a revised schedule of fees and

   (iii) enter into an additional performance guarantee by the
Company's subsidiaries that are contributors under the
securitization facility promising to fulfill obligations of the
other contributors.

If a final order approving the securitization program is not
entered by the Bankruptcy Court on or prior to May 28, 2016, the
administrative agent will have the option to terminate the
securitization program. A hearing to consider a final order on the
securitization program is currently scheduled for May 17, 2016.

                       About Peabody Energy

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers, both
as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $918.5 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
Case No. 16-42529 in the U.S. Bankruptcy Court for the Eastern
District of Missouri.

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.


PEABODY ENERGY: NYSE to Cancel Shares from Trading on May 16
------------------------------------------------------------
New York Stock Exchange LLC notified the Securities and Exchange
Commission ('SEC') of its intention to remove the entire class of
Common Stock ('Common Stock') of Peabody Energy Corporation (the
'Company') from listing and registration on the Exchange at the
opening of business on May 16, 2016, pursuant to the provisions of
Rule 12d2-2(b) because, in the opinion of the Exchange, the Common
Stock is no longer suitable for continued listing and trading on
the Exchange. The Exchange reached its decision pursuant to Section
802.01D of the Listed Company Manual (the 'Manual') based on the
Company's April 13, 2016 announcement that it and a majority of its
US entities have voluntarily filed petitions under Chapter 11 in
the United States Bankruptcy Court for the Eastern District of
Missouri.

     1. Section 802.01D of the Manual states that the Exchange
would normally give consideration to suspending or removing from
the list a security of a company when 'an intent to file under any
of the sections of the bankruptcy law has been announced or a
filing has been made or liquidation has been authorized and the
company is committed to proceed.'

     2. Based on the Company's April 13, 2016 announcement
mentioned above, on April 13, 2016, the Exchange determined that
the Common Stock of the Company should be suspended immediately
from trading, and directed the preparation and filing with the SEC
of this application for the removal of the Common Stock from
listing and registration on the Exchange. The Company was notified
by letter on April 13, 2016.

     3. Pursuant to the above authorization, a press release was
immediately issued and an announcement was made on the 'ticker' of
the Exchange immediately and at the opening of the trading session
on April 13, 2016 of the suspension of trading in the Common Stock.
Similar information was included on the Exchange’s website.

     4. The Company had a right to appeal to the Committee for
Review of the Board of Directors of NYSE Regulation the
determination to delist its Common Stock, provided that it filed a
written request for such a review with the Secretary of the
Exchange within ten business days of receiving notice of delisting
determination.

The Company did not file such request within the specified time
period. Consequently, all conditions precedent under SEC Rule
12d2-2(b) to the filing of this application have been satisfied.

                       About Peabody Energy

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers, both
as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $918.5 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
Case No. 16-42529 in the U.S. Bankruptcy Court for the Eastern
District of Missouri.

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.


PEABODY ENERGY: Posts $165 Million Net Loss for 2016 Q1
-------------------------------------------------------
Peabody Energy Corporation reported a net loss of $165.1 million
for the three months ended March 31, 2016, from a net loss of
$173.3 million for the same period last year.  Total revenues for
the first quarter of 2016 were $1.027 billion from $1.538 billion
for the same period last year.

Total assets were $11.495 billion and total liabilities were $10.68
billion at March 31, 2016.

A copy of the Quarterly report is available at
https://is.gd/V1fiyH

                       About Peabody Energy

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers, both
as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $918.5 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
Case No. 16-42529 in the U.S. Bankruptcy Court for the Eastern
District of Missouri.

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.


PICKETT BROTHERS: Case Summary & 6 Unsecured Creditors
------------------------------------------------------
Debtor: Pickett Brothers Partnership
        561 Fisher Road
        Washington, LA 70589

Case No.: 16-50638

Chapter 11 Petition Date: May 9, 2016

Court: United States Bankruptcy Court
       Western District of Louisiana (Lafayette)

Judge: Hon. Robert Summerhays

Debtor's Counsel: Thomas E. St. Germain, Esq.
                  WEINSTEIN & ST. GERMAIN
                  1414 NE Evangeline Thruway
                  Lafayette, LA 70501
                  Tel: (337) 235-4001
                  Fax: (337) 235-4020
                  E-mail: ecf@weinlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Thomas A. Pickett, partner.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/pawb16-50638.pdf


PICO HOLDINGS: Activist Bloggers Mock Form 10-K/A
-------------------------------------------------
By Geoffrey J. Bailey -- gjbaileypb@hotmail.com -- PICO Holdings,
Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a diversified
holding company reporting recurring losses since 2008. PICO owns
57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water Company, Inc., a
securities portfolio and various interests in small businesses.
PICO has $664 million in assets and $434 million in shareholder
equity. Central Square Management LLC and River Road Asset
Management LLC collectively own more than 14% of PICO. Other
activists at http://ReformPICONow.com/have taken to the Internet
to advance the shareholder cause.

The PICO Holdings Compensation Committee, comprised of Carlos
Campbell, Michael Machado and Eric Speron, filed a Form 10-K/A with
the Securities and Exchange Commission.  The filing consists of
executive compensation information, which is normally filed in the
Proxy Statement. However, since PICO would not file its Proxy
Statement within 120 days of its fiscal year end, April 30, 2016,
the SEC required such information to be filed as an addendum to the
10-K.

The activist bloggers take the Compensation Committee to task for
some of the statements. The language in the 10-K is in italics. The
activist bloggers' comments follow. Here are a few:

     1. Executive Compensation Overview - Our Business Model

As a diversified holding company, we believe that we have a
business model that is unique for a public company. Our strategic
mission has been to maximize long-term shareholder value by
selecting and developing undervalued assets to achieve a superior
return on net assets.

Bloggers: "We are not sure what PICO means by 'maximize long-term
shareholder value . . . ' Given that the stock has gone from $40 to
$10, the only thing that has been maximized are losses. John "The
Juicer" Hart is incapable of identifying undervalued assets. He has
a knack for buying overvalued assets and then selling them at a
loss. Whether it be Northstar Hallock, Vidler, UCP, Spigit or
Mendell Energy, Mr. Hart's portfolio is devoid of winners -- he is
the proverbial patsy at the poker table.

We are equally puzzled by the reference to "superior return on net
assets." PICO's 2015 return on net assets was a negative 17%. Or
perhaps the Comp Committee is thinking of Mr. Hart personally. So
yes, in 2015 Mr. Hart personally achieved a superior return on HIS
net assets."

     2. Executive Compensation Program - Our Compensation
Philosophy

We have a simple compensation philosophy, which is to hire good
people, pay them for performance that is measured by increases in
shareholder value and retain the team that is instrumental to our
success.

Bloggers: "Pass the bong and the gas mask. Upon reading this, we
became convinced that the Comp Committee smokes weed at its
meetings.The filing mentions "good people . . . " Is the Comp
Committee referring to John "The Juicer" Hart?

PICO " . . . pays them for performance that is measured by
increases in shareholder value . . . " What increases in
shareholder value is the Compensation Committee talking about? Are
they taking mushrooms along with the weed?

" . . . instrumental to our success." What success are Messrs.
Campbell, Machado and Speron referring to? Are they getting high
and looking at the PICO stock chart upside down?"

     3. Executive Compensation Program - Use of Market Data

Our Compensation Committee also considered how much hedge funds or
private equity groups would receive as fees if it had the same
amount of assets under management as our gross assets, because our
key executives may have opportunities in the hedge fund and private
equity industry.

Bloggers: "No executive at PICO has the opportunity to work at a
hedge fund or private equity firm. None would ever hire these
clowns. Two hedge funds and a family office are on the record
stating, in so many words, that Messrs. Hart, Webb and Perri are
corrupt and incompetent.

Hedge funds and private equity funds employ high water marks. When
referencing hedge funds and private equity firms, did the Comp
Committee consider this aspect of compensation?

The only PICO employee who deserves to work anywhere else is Trish
Pullara, head of Investor Relations. When Mr. Hart is too afraid to
face investors and misses his mommy, he tells us to call Trish
Pullara."


PIONEER HEALTH: Amends Bid to Employ HMP as Financial Advisor
-------------------------------------------------------------
Pioneer Health Services, Inc., et al., filed with the U.S.
Bankruptcy Court for the Southern District of Mississippi its first
amendment to the application to employ Healthcare Management
Partners, LLC, as financial advisor, nunc pro tunc to April 15,
2016.

At the initial hearing in connection with the Application, the
Debtor and HMP agreed to make certain changes to the Engagement
Letter, and the terms thereof, of employment of HMP pursuant to an
objection filed by the United States Trustee and issues raised by
the Court.

In his response to the original application, Henry G. Hobbs, Jr.,
Acting United States Trustee for Region 5, asserted that the
Application discloses the hourly rates proposed to be charged for
HMP employees, but the Application does not state whether the
proposed rates are the normal and customary rates charged by
comparably skilled practitioners in non-bankruptcy cases.  He added
that the Debtors or HMP has not disclosed the source or sources of
payment for HMP's retention or HMP's retainer.

The Lead Debtor asserts that the engagement letter has now been
amended and updated, to reflect the changes and agreements that
were made.  The Lead Debtor also asserts that the Application, as
amended, to employ HMP is in the best interest of the Debtors, all
creditors and all parties in interest and urges the Court to
approve the engagement of HMP as financial advisor to the Debtors.

The United States Trustee is represented by:

          Christopher J. Steiskal, Sr., Esq.
          OFFICE OF THE U.S. TRUSTEE, REGION 5
          TRIAL ATTORNEY, U.S. DEPARTMENT OF JUSTICE
          501 East Court Street, Suite 6-430
          Jackson, MI 39201
          Telephone: (601) 965-5241
          Facsimile: (601) 965-5226
          E-mail: christopher.j.steiskal@usdoj.gov

                      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: Court Enters Order on Filing of Proofs of Claim
---------------------------------------------------------------
The Hon. Neil P. Olack of the U.S. Bankruptcy Court for the
Southern District of Mississippi finds, orders and adjudicates that
any creditor of:

    * Pioneer Health Services, Inc., Case No. 16-01119-NPO;

    * Pioneer Health Services of Patrick County, Inc.,
      Case No. 16-01120-NPO;

    * Pioneer Health Services of Newton County, LLC,
      Case No. 16-01121-NPO;

    * Pioneer Health Services of Stokes County, Inc.,
      Case No. 16-01122-NPO;

    * Pioneer Health Services of Choctaw County, LLC,
      Case No. 16-01123-NPO;

    * Pioneer Health Services of Oneida, LLC,
      Case No. 16-01124-NPO;

    * Pioneer Health Services of Monroe County, Inc.,
      Case No. 16-01125-NPO; and

    * Pioneer Health Services of Early County, LLC,
      Case No. 16-01243-NPO:

    should file its proof of claim in the case in which the debt
    was incurred, and not in the "lead" case unless the debt was
    actually incurred in the bankruptcy case of Pioneer Health
    Services, Inc., Case No. No. 16-01119-NPO.  Proofs of claim
    shall be maintained in the claims register of each individual
    case.

The Court has administratively consolidated into the "main" case of
Pioneer Health Services, Inc., Case No. 16-01119-NPO, all of the
Debtors' cases.

                      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: Wins OK for Administrative Consolidation of Cases
-----------------------------------------------------------------
Pioneer Health Services, Inc., and Pioneer Health Services of Early
County, LLC, sought and obtained an order from the U.S. Bankruptcy
Court for the Southern District of Mississippi for the
administrative consolidation of their bankruptcy cases.

The Court ordered that Pioneer Health Services of Early County, LLC
should be administratively consolidated with and "into" the Lead
Case of Pioneer Health Services, Inc., Case No. 16-01119-NPO.

Judge Neil P. Olack also ordered that any creditor of Pioneer
Health Services of Early County, LLC, Case No. 16-01243-NPO, and
any creditors of Pioneer Health Services, Inc., Case No.
16-01119-NPO, Pioneer Health Services of Patrick County, Inc., Case
No. 16-01120-NPO; Pioneer Health Services of Newton County, LLC,
Case No. 16-01121-NPO; Pioneer Health Services of Stokes County,
Inc., Case No. 16-01122-NPO; Pioneer Health Services of Choctaw
County, LLC, Case No. 16-01123-NPO; Pioneer Health Services of
Oneida, LLC, Case No. 16-01124-NPO; and Pioneer Health Services of
Monroe County, Inc., Case No. 16-01125-NPO should file its proof of
claim in the case in which the debt was incurred, and not in the
"lead" case unless the debt was actually incurred in the bankruptcy
case of Pioneer Health Services, Inc., Case No. 16-01119-NPO.
Proofs of claim shall be maintained in the claims register of each
individual 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.


POTLATCH CORP: Moody's Lowers Sr. Unsecured Debt Rating to Ba1
--------------------------------------------------------------
Moody's Investors Service downgraded Potlatch Corporation's senior
unsecured debt ratings to Ba1 from Baa3.  At the same time, Moody's
assigned a Ba1 corporate family rating, Ba1-PD probability of
default rating and an SGL-1 speculative grade liquidity rating. The
outlook is stable.

"The downgrade reflects the company's high leverage and our
expectation that breakeven free cash flow over the next several
years will limit Potlatch's ability to reduce it," said Ed Sustar,
Moody's Senior Vice President.  "In particular, over-supplied
lumber markets will continue to dampen the company's financial
performance", added Sustar.

Downgrades:

Issuer: Potlatch Corporation

  Senior Unsecured Medium-Term Note Program, Downgraded to (P)Ba1
   from (P)Baa3
  Senior Unsecured Regular Bond/Debenture, Downgraded to Ba1(LGD4)

   from Baa3

Assignments:

Issuer: Potlatch Corporation
  Probability of Default Rating, Assigned Ba1-PD
  Speculative Grade Liquidity Rating, Assigned SGL-1
  Corporate Family Rating, Assigned Ba1

Outlook Actions:

Issuer: Potlatch Corporation
  Outlook, Changed To Stable From Negative

                         RATINGS RATIONALE

Potlatch's Ba1 corporate family rating incorporates two notches of
lift for the company's strong timber asset coverage (timberland
estimated value to adjusted debt of 2.3x), while its baseline
rating reflects strong liquidity but high leverage (over 5x over
the next 12 months), limited scale and diversity and breakeven
expected free cash flow generation given its REIT structure.
Potlatch is also exposed to the volatility of the lumber market, in
which much of the sidelined supply is often restarted faster than
demand growth.

Potlatch has strong liquidity (SGL-1), with $8 million of cash,
almost full availability (as of March 2016) under its $250 million
committed bank line that matures in February 2020, breakeven free
cash flow and no debt maturities over the next 12 months.  Proceeds
generated from the recent Central Idaho timberland sale
(approximately $121 million, including a $10 million tax refund),
will be primarily used to repay debt and buy back shares.  Moody's
expect Potlatch will remain in compliance with its covenants over
the near term.  Potlatch's unencumbered asset base (most notably
its timberland holdings), can be used to augment liquidity.

The stable outlook reflects Moody's expectation that operating and
financial performance will improve, albeit slowly, as US housing
starts improve over the next 2-3 years to normalized levels.  The
company's leverage metrics are weak, but Moody's anticipates
gradual longer term improvements as log and lumber demand returns
to more normal levels.

The rating could be downgraded if market conditions deteriorate
such that timberland values decline significantly (timberland asset
value/debt coverage below 2x), or if the company's adjusted debt to
re-occuring EBITDA is sustained above 5x.  In addition, Moody's
would view material asset encumbrances or significant asset sales
as a negative.  An upgrade could result with growth in Potlatch's
size and diversity of its timber base.  Potlatch would also need to
maintain timberland asset value/debt coverage above 2x, and
leverage (debt to re-occuring EBITDA) below 3.5x (adjusted per
Moody's standard definitions) on a normalized basis.

The principal methodology used in these ratings was Global Paper
and Forest Products Industry published in October 2013.

Headquartered in Spokane, Washington, Potlatch is a Real Estate
Investment Trust (REIT) which owns approximately 1.4 million acres
of timberlands and five wood products manufacturing facilities that
produce lumber and plywood.


PUERTO RICO: Seeking to Sell Water Bonds Even as Crisis Worsens
---------------------------------------------------------------
Michelle Kaske, writing for Bloomberg News, reported that Puerto
Rico is pushing for its water utility to borrow hundreds of
millions of dollars to avoid a July bond default, seeking to
overcome investors' skepticism as the island's fiscal crisis pushes
it to skip payments on a growing share of its $70 billion of debt.

According to the report, the commonwealth's lawmakers are working
to reach a compromise on legislation that would create a new public
corporation to sell securities for the Puerto Rico Aqueduct and
Sewer Authority, known as Prasa.  The debt would be repaid with a
charge on customers’ bills steered straight to the new agency,
providing some measure of security to bondholders by putting it
beyond the utility's reach, the report related.

"Once we get this bill done and it becomes law, I'm confident that
the market will see it as a good way to invest and lend money to
Prasa," Senator Ramon Luis Nieves, who chairs that chamber's
committee on energy affairs and water resources and is working on
the bill, the report further related.


RADNOR HOLDINGS: Court Dismisses Suit vs. Skadden Arps, et al.
--------------------------------------------------------------
Judge Kevin Gross of the United States Bankruptcy Court for the
District of Delaware dismissed with prejudice the Complaint styled
MICHAEL T. KENNEDY, MTK TRUST FBO RYAN KENNEDY, MTK TRUST FBO SEAN
M. KENNEDY, MTK TRUST FBO MICHAELA C. KENNEDY, MTK TRUST FBO CONNOR
R. KENNEDY, Plaintiffs, v. SKADDEN ARPS MEAGER & FLOM LLP; SK
PRIVATE INVESTMENT FUND 1998 LLC; RICHARD T. PRINS, ESQUIRE; GREGG
M. GALARDI, ESQUIRE; TENNENBAUM & CO. LLC; TENNENBAUM CAPITAL
PARTNERS, LLC; BABSON & CO. LLC; SPECIAL VALUE EXPANSION FUND, LLC;
SPECIAL VALUE OPPORTUNITIES FUND, LLC; MICHAEL E. TENNENBAUM;
SUZANNE S. TENNENBAUM; DAVID A. HOLLANDER; MARK K. HOLDSWORTH;
HOWARD M. LEVKOWITZ; RICHARD E. SPENCER; JOSE FELICIANO; ALVEREZ &
MARSAL, INC. and STANFORD M. SPRINGEL, Defendants,
12-51308(KG)(Bankr. D. Del.).

In the Complaint, Kennedy generally alleges that:

   1. The Tennenbaum Defendants were an important Skadden client.

   2. The Skadden Defendants did not disclose the relationship with
Tennenbaum to Kennedy, Radnor's Board of Directors or the Court.

   3. The Tennenbaum Defendants directed Radnor to the Skadden
Defendants.

   4. The Tennenbaum Defendants and the Skadden Defendants
conspired to achieve the Tennenbaum Defendants' goals in the
bankruptcy cases.

   5. The Skadden Defendants represented the Tennenbaum Defendants'
interests in the bankruptcy cases.

   6. The Skadden Defendants orchestrated a sale of Radnor's assets
to the Tennenbaum Defendants.

   7. The Skadden Defendants thwarted Kennedy's and Radnor's
efforts to reorganize Radnor.

The Court found that the allegations of the Complaint were already
adjudicated and decided. In addition, Kennedy lacks standing to
bring the claims. The Court will also impose sanctions against
Kennedy.

A full-text copy of the Memorandum Opinion dated April 22, 2016 is
available at http://is.gd/DGF2ZMfrom Leagle.com.

The bankruptcy case In re RADNOR HOLDINGS CORPORATION, et al.,
Debtors, Nos. 06-10894(KG)(Bankr. D. Del.).

Radnor Holdings Corporation, et al., Debtors in Possession,
Plaintiff, is represented by Michael T. Kennedy, Radnor Holdings
Corporation.

Skadden Arps Slate Meagher & Flom LLP, Defendant, is represented by
Jason M. Liberi, Esq. -- jason.liberi@skadden.com -- Skadden, Arps,
Slate, Meagher & Flom LLP, James G. McMillian, III, Esq. --
mcmillanj@pepperlaw.com -- Pepper Hamilton LLP, David B. Stratton,
Esq. -- strattond@pepperlaw.com -- Pepper Hamilton LLP.

Skadden Arps SK Private Investment Fund 1998 c/o Skadden Arps,
Defendant, is represented by Gregg M. Galardi, Esq. --
gregg.galardi@ropesgray.com -- DLA Piper LLP.

Tennenbaum Capital Partners, LLC, Defendant, is represented by Cory
D. Kandestin, Esq. -- kandestin@rlf.com -- Richards, Layton &
Finger, P.A., Russell C. Silberglied, Esq. -- silberglied@rlf.com
-- Richards, Layton & Finger.

Alvarez and Marsel LLC, Defendant, is represented by Peter J.
Keane, Esq. -- pkeane@pszjlaw.com -- Pachulski Stang Ziehl & Jones
LLP.

SK Private Investment Fund 1998 LLC, Defendant, is represented by
Gregg M Galardi, DLA Piper LLP.


SANJEL (USA): U.S. Business Assets Sale to Liberty Oilfield Sought
------------------------------------------------------------------
Court-appointed monitor PricewaterhouseCoopers Inc. and Sanjel
(USA) Inc., et al., ask the U.S. Bankruptcy Court for the Western
District of Texas, San Antonio Division, to approve the sale of
substantially all assets related to the Debtors' United States
businesses free and clear of all liens claims, encumbrances and
interests to Liberty Oilfield Services Holdings LLC.

They also ask the Court to recognize the Order of the Court of
Queen's Bench of Alberta, Judicial Centre of Calgary ("Canadian
Court") approving the sale of the assets.

The Asset Purchase Agreement contains, among others, these relevant
terms:

     (a) Purchased Assets: Substantially all assets of the Vendors
related to their U.S. businesses, including all property and assets
of the Vendors used in the United States in connection with their
fracturing, cementing, and coiled tubing businesses (including
certain assets located in Canada).

     (b) Conditions Precedent to Closing: Customary conditions to
closing, including, among others: (a) approval of the
Administrative Agent on behalf of the Secured Lenders; (b) court
approval of the Sale Orders, which must become Final Orders; (c)
various regulatory approvals; (d) compliance with covenants; and
(e) accuracy of representations and warranties.

     (c) Termination: The APA can be terminated by the Purchaser
for the following reasons: (a) mutual consent; (b) destruction or
expropriation of all or substantially all of the Purchased Assets
prior to Closing; (c) material breach of representations,
warranties, or covenants; (d) failure to close by the Outside Date;
(e) Chapter 15 cases are dismissed or converted; (f) U.S.
provisional relief has not been granted within five (5) Business
Days of the commencement of the Chapter 15 cases; (g) Approval and
Vesting Order has not been entered within forty-five (45) days from
the commencement of the CCAA Proceedings; (h) U.S. Sale Recognition
Order has not been entered within seventy (70) days of the Approval
and Vesting Order; and (i) Vendors withdraw or cease to prosecute
the Sale Orders or otherwise withdraw their support for the
Transaction.

"Approval of the proposed sale to Purchaser is in the best interest
of the Vendors.  The proposed sale to Purchaser represents the
highest and best offer received after a rigorous marketing and sale
effort by the Chapter 15 Debtors and their Financial Advisors.  The
proposed sale is not conditioned upon further due diligence or
financing contingencies.  Purchaser has demonstrated that it has
the capacity to close the Transaction upon obtaining the necessary
approvals of the Canadian Court and this Court. Prior to the
hearing on this Motion, the Chapter 15 Debtors anticipate the
Canadian Court will have approved the Transaction,"
PricewaterhouseCoopers and the Debtors aver.

The Motion is scheduled for hearing on May 18, 2016 at 10:30 a.m.

PricewaterhouseCoopers Inc. is represented by:

          Deborah D. Williamson, Esq.
          Patrick L. Huffstickler, Esq.
          Patrick B. McMillin, Esq.
          DYKEMA COX SMITH
          112 East Pecan Street, Suite 1800
          San Antonio, TX 78205
          Telephone: (210)554-5500
          Facsimile: (210)226-8395
          E-mail: dwilliamson@dykema.com

The Sanjel Corporation, et al., are represented by:

          Harry A. Perrin, Esq.
          John E. West, Esq.
          Reese A. O'Connor, Esq.
          VINSON & ELKINS L.L.P.
          1001 Fannin Street, Suite 2500
          Houston, TX 77002-6760
          Telephone: (713)758-2222
          Facsimile: (713)758-2346
          E-mail: hperrin@velaw.com
                  jwest@velaw.com
                  roconnor@velaw.com

                 - and -

          Stephen M. Abramowitz, Esq.
          David S. Meyer, Esq.
          VINSON & ELKINS L.L.P.
          666 Fifth Avenue, 26th Floor
          New York, NY 10103-0040
          Telephone: (212)237-0000
          Facsimile: (212)237-0100
          E-mail: sabramowitz@velaw.com
                  dmeyer@velaw.com

                     About Sanjel (USA) Inc.

Headquartered in Calgary, Alberta, Sanjel Corp, through its
subsidiaries comprising the Sanjel Group, is an independent oil
and
gas services company.  The Sanjel Group's pressure pumping
operations provide fracturing, cementing, coiled tubing and
reservoir solutions services in Canada, the U.S. and Saudi Arabia
(via its joint venture).  Through the Suretech entities, the
Sanjel
Group offers patented multistage completions system solutions for
unconventional reservoir development with operations in the USA,
Canada and the other international locations.

\As of Jan. 31, 2016, Sanjel Group had consolidated assets of
approximately C$1,438,788,000 and consolidated liabilities of
approximately C$1,104,602,000.  The majority of the current
liabilities include accounts payable (approximately
C$134,646,000),
indebtedness under the Facility, indebtedness to the Senior Bonds
(the amount outstanding under the Facility and the Senior Bonds
were together, approximately C$890,638,000 plus interest payable
of
C$18,659,000) and future tax liability (approximately
C$51,219,000), as disclosed in Court documents.

As of the Petition Date, the Chapter 15 Debtors had more than
$500,000,000 in assets in the United States (at book value), with
more than 50% of those assets located in Texas.

The Chapter 15 Debtors seek joint administration of their cases
under Lead Case No. 16-50778.

The Chapter 15 cases are pending in the U.S. Bankruptcy Court for
the Western District of Texas and assigned to Judge Craig A.
Gargotta.


SANTA CRUZ BERRY: Wants May 15 Administrative Claim Bar Date Set
----------------------------------------------------------------
Santa Cruz Berry Farming Company, LLC, asks the U.S. Bankruptcy
Court for the Northern District of California, San Jose Division,
to set an administrative claim bar date to May 15, 2016.

The Debtor relates that since the Court entered an order
withdrawing use of cash collateral, the Debtor has ceased all
operations.  The Debtor further relates that it has collected
amounts due it by customers and engaged in mediation, which
resulted in a global settlement agreement that was set for hearing
on April 5, 2016.

The Debtor contends that it requires a full understanding as to the
scope of administrative claims that will be asserted against the
Debtor's estate in order to best determine the manner in which to
proceed in the case.  The Debtor requires that all requests for
payment of administrative expenses be filed by the Administrative
Expense Bar Date so as to facilitate the process of administering
the Debtor's case post-closing.

Santa Cruz Berry Farming Company, LLC, is represented by:

          Thomas A. Vogele, Esq.
          Timothy M. Kowal, Esq.
          Brendan M. Loper, Esq.
          THOMAS VOGELE & ASSOCIATES, APC
          3199 Airport Loop Road, Suite A-3
          Costa Mesa, CA 92626
          Telephone: (714)641-1232
          Facsimile: (888)391-4105
          E-mail: tvogele@tvalaw.com
                  tkowal@tvalaw.com
                  bloper@tvalaw.com

              About Santa Cruz Berry Farming Company

Watsonville, California-based Santa Cruz Berry Farming grows
conventional and organic strawberries.  The privately owned company
was founded by and is currently managed by Fritz Koontz.  Seven
Seas Berry Sales, a division of the Tom Lange Co., is the sales
agent for the Company.

Santa Cruz Berry Farming Company, LLC, and Corralitos Farms, LLC,
commenced Chapter 11 bankruptcy cases (Bankr. N.D. Cal. Case Nos.
15-51771 and 15-51772) in San Jose, California, on May 25, 2015.

The Debtors tapped Thomas A. Vogele, Esq., at Thomas Vogele and
Associates, APC, in Costa Mesa, California, as counsel.

The Official Committee of Unsecured Creditors has retained Michael
A. Sweet, Esq., and Dale L. Bratton, Esq., at Fox Rothschild LLP,
as attorneys.


SCIENTIFIC GAMES: Incurs $92.3 Million Net Loss in First Quarter
----------------------------------------------------------------
Scientific Games Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $92.3 million on $682 million of total revenue for the three
months ended March 31, 2016, compared to a net loss of $86.4
million on $659 million of total revenue for the same period in
2015.

As of March 31, 2016, Scientific Games had $7.69 billion in total
assets, $9.27 billion in total liabilities and a total
stockholders' deficit of $1.58 billion.

As of March 31, 2016, the Company's available cash and cash
equivalents and borrowing capacity totaled $605.1 million,
including cash and cash equivalents of $146 million and
availability of $459 million under its revolving credit facility,
compared to $583.0 million as of Dec. 31, 2015, which included cash
and cash equivalents of $129 million and availability of $454
million under its revolving credit facility.

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

                       https://is.gd/cWxszj

                      About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/        

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015, compared
to a net loss of $234.3 million on $1.78 billion of total revenue
for the year ended Dec. 31, 2014.

                           *     *     *

The TCR reported on May 21, 2014, that Moody's Investors Service
downgraded Scientific Games Corporation's ("SGC") Corporate Family
Rating to 'B1'.  The downgrade reflects Moody's view that slower
than expected growth in SGC's Gaming and Instant Products segments
will cause Moody's adjusted leverage to exceed 6.0 times by the
end of 2014.

As reported by the TCR on Aug. 5, 2014, Standard & Poor's Ratings
Services lowered its corporate credit rating to 'B+' from 'BB-' on
Scientific Games Corp.

"The downgrade and CreditWatch placement follow Scientific Games'
announcement that it has agreed to acquire Bally Technologies for
$5.1 billion, including the refinancing of about $1.8 billion in
net debt at Bally," said Standard & Poor's credit analyst Ariel
Silverberg.


SCURRY COUNTY: Moody's Lowers Rating on GO Tax Bonds to Ba2
-----------------------------------------------------------
Moody's Investors Service has downgraded to Ba2 from A1 the rating
of Scurry County Hospital District, TX's general obligation limited
tax bonds.  Concurrently, Moody's has assigned a negative outlook.
The rating action affects $2.0 million outstanding GOLT bonds.  The
district's rating was placed under review for possible downgrade on
March 4, 2016 due to exposure to the oil and gas industry.  This
action concludes that review.

The downgrade to Ba2 reflects the district's extremely limited
financial flexibility due to substantial erosion of its operating
liquidity and the outsized risk posed by a debt structure that
includes a short term line of credit that matures within the next
several years.  The downgrade also reflects the district's weak
financial management resulting in a short delay in payment of debt
service on its Series 2011 bonds in September 2015.  The Ba2 rating
also incorporates exposure of the district's tax base to oil and
gas values resulting in sharp declines in assessed value.

Rating Outlook

The negative outlook reflects our expectation the district's
liquidity will remain low in the near term, resulting in limited
financial flexibility as it addresses refinancing of the
outstanding balance on a line of credit that is due in May 2017.

Factors that Could Lead to an Upgrade

  Substantially improved liquidity
  Moderation of debt profile

Factors that Could Lead to a Downgrade

  Absence of flexibility in addressing refinancing of bank loan
  Continued tax base loss resulting in additional financial stress
  Ongoing oil and gas sector contraction leading to decreased
   utilization and declines in operating revenues

Legal Security

The bonds represent direct obligations of the district, payable
from the levy and collection of a direct and continuing ad valorem
tax, limited to $5.00 per $1,000 of value, on all taxable property
within the district's boundaries.

Use of Proceeds
Not applicable.

Obligor Profile

Scurry County Hospital District covers approximately 85 miles
southeast of Lubbock (Aa2 stable) and coterminous with Scurry
County, which had population of 17,108 residents in 2014.  The
district owns and operates a 49-bed critical access hospital,
walk-in and outpatient clinics, as well as a wellness center.

Methodology

The principal methodology used in this rating was US Local
Government General Obligation Debt published in January 2014.


SENSUS USA: Moody's Raises CFR to B2 & Changes Outlook to Stable
----------------------------------------------------------------
Moody's Investors Service upgraded Sensus USA Inc.'s Corporate
Family Rating to B2 and Probability of Default Rating to B2-PD.
Concurrently, Moody's affirmed the B2 ratings assigned on March 15,
2016, on the company's $75 mil. senior secured first lien revolving
credit facility due 2021 and $625 mil. senior secured first lien
term loan due 2023.  The upgrade is based on the completion of the
company's refinancing transaction that extended the maturity
profile of its capital structure.  This action also follows our
expectations that the company's core revenues and profitability
(excludes benefits from a FY 2015 U.K. non-recurring contract) are
expected to continue to moderately improve in the 2016/2017 time
frame.  The outlook was changed to stable from ratings under review
for upgrade.  The rating actions conclude the review for upgrade
that began on March 15, 2016.

The new $700 million senior secured bank financing, comprised of a
five-year $75 million senior secured first lien revolving credit
facility due 2021 (undrawn at close) and seven-year $625 million
senior secured first lien term loan due 2023, replaced the
company's prior revolver and first and second lien term loans.
Proceeds from the new facilities repaid the company's $453 million
outstanding first lien term loan due May 2017 and $150 million
second lien term loan due May 2018.  Significantly, the issuance of
the new revolver addressed the liquidity concerns that we had given
the near-term expiry (May 2016) of the then existing revolver.  The
new debt structure eliminates the second lien debt in the company's
existing capital structure, resulting in an all first lien debt
structure.  The refinancing was largely leverage neutral.

Ratings upgraded:

Issuer: Sensus USA Inc.

  Corporate Family Rating, to B2 from B3;

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

Ratings affirmed:

  $75 mil. Senior Secured First Lien Revolving Credit Facility due

   2021, at B2 (LGD-3)

  $625 mil. Senior Secured First Lien Term Loan due 2023, at
   B2 (LGD-3)

Outlook, changed to Stable from Ratings Under Review

                         RATINGS RATIONALE

The upgrade of Sensus' CFR to B2 from B3 was based on the extension
of the company's debt maturity profile to 2021 through the
refinancing.  The upgrade is also reflective of Moody's expectation
that Sensus' credit metrics will be supportive of the B2 rating
level while generating cash flow sufficient to address the
remaining cash outflows related to fiscal 2015 faulty meter product
settlement costs.

The B2 Corporate Family Rating reflects Sensus' historically
volatile top line and relatively low margins as well as the
unpredictability of mix between meter manufacturing and network
design/installation.  Metrics have steadily improved since
bottoming three years ago driven by stronger end-market demand and
comprehensive cost-cutting initiatives.  Revenue volatility will
likely remain due to the uneven order flow inherent in the
industry, though to a lesser degree than in the past as
water-related revenues have steadied and growth in services has
added a degree of stability.  Margins should hold relatively firm
at current levels due to the improved cost structure.  New product
introductions combined with the company's restructuring efforts
should benefit operating results over the intermediate term.

The stable outlook is supported by Sensus' adequate liquidity
profile inclusive of required settlement payments as well as a more
favorable product mix, ongoing operating efficiencies and new
product introductions/advanced product capabilities.

Ratings could be upgraded if the company were to demonstrate
continued margin expansion and steady positive free cash flow.  The
company's ability to absorb potential warranty and remediation cash
outlays without materially weakening its liquidity profile would be
required.  A rating upgrade would likely be accompanied by an
expectation of debt / EBITDA improving to and being sustained at
4.0x with EBIT / interest exceeding 2.5x, combined together with a
good liquidity profile.

Ratings would likely be downgraded with sustained negative free
cash flow, a weakening of the liquidity profile stemming from
larger than expected cash payments tied to the quality control
issues and debt-to-EBITDA in excess of 5.5x and/or EBIT/interest
were to be sustained under 1.5 times.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.

Sensus USA Inc., headquartered in Raleigh, North Carolina, is a
leading provider of advanced utility infrastructure systems,
metering technologies and related communication systems to the
worldwide utility industry. Sensus is owned by private equity
sponsors The Resolute Fund L.P. (66%) and The Goldman Sachs Group,
Inc. (34%).  The company reported revenues of approximately $850
million for the latest twelve months ended Dec. 31, 2015.


SFX ENTERTAINMENT: May 23 Auction of Substantially All Assets
-------------------------------------------------------------
SFX Entertainment, Inc., et al., sought and obtained from the U.S.
Bankruptcy Court for the District of Delaware, approval of its
bidding procedures for the sale of all or substantially all of the
assets of Flavorus, Inc.

Flavorus, is a ticketing company whose main revenue source comes
from fees on ticket sales, and to a lesser extent, per-ticket fees
on tickets sold by companies licensing Flavorus's ticketing
platform.  Flavorus's software platform allows for high-volume
sales and customizability to serve various types of events.  SFX
completed its acquisition of Flavorus on April 1, 2014.  As part of
SFX, Flavorus supports ticket sales of SFX's and third party’s
events, and provides customer service, on-site operations and
marketing.  Flavorus is no longer viewed by the Debtors as core to
the SFX platform on a go forward basis.

In an attempt to maximize the realization of value of the Flavorus
Assets for the benefit of the Debtors' estates the Debtors propose
the Bid Procedures.

Currently, the Debtors are soliciting bids for the Flavorus Assets
based on the form of asset purchase agreement which the Debtors
will provide to interested bidders, as the Debtors have not yet
selected a potential bidder to serve as the "stalking horse."
However, if the Debtors receive sufficient interest and potential
bidders are interested in serving as the Stalking Horse Bidder, the
Debtors may negotiate an appropriate asset purchase agreement with
a potential bidder interested in serving as the Stalking Horse
Bidder.

Specifically, the Bid Procedures provide, in relevant part, as
follows:

   a. Requirements for a Qualified Bid: All interested parties are
invited to submit a Written Offer to purchase the Flavorus Assets
together with a good faith deposit in an amount equal to 10% of the
purchase price set forth in the Written Offer.

   b. Bid Deadline: No later than May 19, 2016.

   c. Auction: May 23, 2016 at 11:00 a.m.

   d. Sale Hearing: May 26, 2016

   e. Closing Date: No later than 15 days after the entry of the
Sale Order.

   f. To facilitate a prompt resolution of cure disputes and
objections relating to the assumption and/or assignment of the
Assumed Contracts, the Debtors propose May 19, 2016 as deadline for
non-Debtor parties to object on Assumed Contracts.

Wilmington Savings Fund Society, FSB, the DIP Agent, on behalf of
the DIP Lenders, and U.S. Bank National Association, the Second
Lien Agent, on behalf of holders of 9.625% Second Lien Noteholders,
are determined to be Qualified Bidders for all purposes at the
Auction, and will be permitted, but not obligated, to credit bid to
the full extent permitted under the Bankruptcy Code.

Counsel for the Debtors and Debtors-in-Possession  

       Dennis A. Meloro, Esq.
       GREENBERG TRAURIG, LLP
       1007 North Orange Street, Suite 1200
       Wilmington, Delaware 19801
       Telephone: (302) 661-7000
       Facsimile: (302) 661-7360
       Email: melorod@gtlaw.com

       -- and --   

       Nancy A. Mitchell, Esq.
       Maria J. DiConza, Esq.
       Nathan A. Haynes, Esq.
       GREENBERG TRAURIG, LLP
       200 Park Avenue
       New York, New York 10166
       Telephone: (212) 801-9200
       Facsimile: (212) 801-6400
       Email: mitchelln@gtlaw.com
              diconzam@gtlaw.com
              haynesn@gtlaw.com

             About SFX Entertainment

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

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

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

Judge Mary F. Walrath is assigned to the case.


SH 130 CONCESSION: Allowed to Hire Bracewell as Special Counsel
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Texas
authorized SH 130 Concession Company, LLP and its affiliated
debtors to employ Bracewell LLP as special counsel, nunc pro tunc
to the Petition Date.

The Debtors employ Bracewell as their counsel to render legal
services to the Debtors as needed throughout the course of the
Chapter 11 Cases for all professional services as outlined in their
application.  Bracewell will charge the Debtors' estates for its
legal services in accordance with its ordinary and customary hourly
rates in effect on the date services are rendered, and Bracewell
will maintain detailed records of all actual, necessary and
appropriate costs and expenses incurred in connection with its
professional services.

                     About SH 130 Concession

Headquartered in Buda, Texas, SH 130 Concession Company, LLC (the
"Concessionaire") was formed to finance, develop, design,
construct, operate, and maintain segments five and six of Texas
State Highway 130 (the "Tollway") in partnership with the Texas
Department of Transportation.

The Concessionaire, Zachry Toll Road - 56 LP and Cintra TX 56 LLC
filed Chapter 11 bankruptcy petitions (Bankr. W.D. Tex. Case Nos.
16-10262, 16-10263 and 16-10264, respectively) on March 2, 2016.
The petitions were signed by Alfonso Orol as chief executive
officer.  The Debtors estimated both assets and debts in the range
of $1 billion to $10 billion.

Toll Road - 56 and TX 56 are holding companies that collectively
hold the equity interests in the Concessionaire.  They have no
operations and have no creditors.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Jackson Walker L.L.P. as local counsel, and Prime Clerk
LLC as notice, claims, solicitation, balloting and tabulation
agent.

Judge Tony M. Davis has been assigned the case.


SHERWIN ALUMINA: Exclusive Plan Filing Period Extended to Aug. 30
-----------------------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
Southern District of Texas has extended, at the behest of Sherwin
Alumina Company, LLC, and Sherwin Pipeline, Inc., the exclusive
period to file a Chapter 11 plan for each Debtor through and
including Aug. 30, 2016, and the exclusive period to solicit
acceptances of a Chapter 11 plan for each Debtor through and
including Oct. 29, 2016.

The Debtors are authorized and directed to pay $445,000 in accrued
professional compensation claims of Andrews Kurth LLP, as counsel
to the Official Committee of Unsecured Creditors, within 30 days of
entry of the May 9 court order, without prejudice to the right of
the Court or the U.S. Trustee to require Andrews Kurth LLP to
demonstrate the reasonableness of its requested fees and expenses
prior to the date.

The Debtors said in their May 6, 2016 motion that in light of the
size and complexity of these Chapter 11 cases and the Debtors'
businesses, the Debtors' consistent efforts to build consensus and
include their stakeholders in the restructuring process, and the
potential value presented by Corpus Christi Alumina, LLC's bid and
the global settlement, extending the Debtors' exclusive periods is
appropriate and necessary for the Debtors to maximize stakeholder
value.

On the heels of the Debtors' recent global settlement with the
Committee and the Debtors' prepetition lender, Commodity Funding,
LLC, the Debtors have reached an interim arrangement pursuant to
which Noranda Bauxite Limited has agreed to continue to supply
bauxite to the Debtors for 90 days.  The proposed Interim Bauxite
Arrangement, if approved, will provide the Debtors with time to
engage in discussions with NBL regarding a new bauxite supply
agreement, a precondition for the Debtors to remain viable as a
going concern and to continue to operate their Gregory, Texas
facility that directly or indirectly supports more than 2,000 jobs
along the Texas Gulf Coast.

The Debtors intend to file a modified joint Chapter 11 plan and a
related disclosure statement that will reflect the proposed sale
transaction pursuant to which the Prepetition Secured Lender's
affiliate, Corpus Christi, has agreed to purchase substantially all
of the Debtors' assets and has agreed to fund the global settlement
between the Debtors, the Committee, and the Prepetition Secured
Lender that the parties reached in connection with the Debtors'
mediation before the Hon. Marvin J. Isgur.

                   About Sherwin Alumina Company

Sherwin Alumina Company, LLC and Sherwin Pipeline, Inc., filed
Chapter 11 bankruptcy petitions (Bankr. S.D. Tex. Case Nos.
16-20012 and 16-20013, respectively) on Jan. 11, 2016.  Thomas
Russell signed the petitions as authorized signatory.  Judge David
R. Jones has been assigned the case.

The Debtors have engaged Kirkland & Ellis LLP as general counsel,
Zack A. Clement PLLC as local counsel, Huron Consulting Services
LLC as financial advisor and Kurtzman Carson Consultants LLC as
claims, notice and balloting agent.

Sherwin operates an alumina plant in Gregory, Texas that produces
aluminum oxide (or alumina), which is the primary component of
aluminum, from bauxite.  Sherwin produces alumina through the
"Bayer Process," a refining technique that produces alumina from
bauxite ore by dissolving the bauxite in a caustic solution.

The Debtors, on Feb. 5, 2016, the disclosed total assets of
$254,617,187 and total liabilities of $218,177,760.

The U.S. Trustee appointed five members to the Official Committee
of Unsecured Creditors.  Robin Russell, Esq., Timothy S. McConn,
Esq., and Ashley Gargour, Esq., at Andrews Kurth LLP, in Houston,
Texas, represent the Committee.


SILGAN HOLDINGS: Egan-Jones Cuts Sr. Unsecured Rating to BB
-----------------------------------------------------------
Egan-Jones Ratings Company lowered the senior unsecured rating on
debt issued by Silgan Holdings Inc. to BB from BB+ on May 4, 2016.

Silgan Holdings Inc. and its subsidiaries manufacture consumer
goods packaging products.


SONIC AUTOMOTIVE: Egan-Jones Cuts LC Sr. Unsecured Rating to BB
---------------------------------------------------------------
Egan-Jones Ratings Agency lowered the local currency senior
unsecured rating of debt issued by Sonic Automotive Inc. to BB from
BB+ on May 2, 2016.

Sonic Automotive, Inc. is an automotive retailer. The Company sells
new and used cars and light trucks as well as replacement parts.
Sonic also provides vehicle maintenance, warranty, paint, and
repair services, and arranges financing.


SOUNDVIEW ELITE: Order Denying Bid to Remove Trustee Affirmed
-------------------------------------------------------------
Appellant Alphonse Fletcher, Jr., pro se, appeals from the district
court's judgment affirming an order of the bankruptcy court for the
Southern District of New York, which denied Fletcher's motion to
remove the Chapter 11 trustee, Corinne Ball, and the district
court's order denying Fletcher's motion for reconsideration.

The United States Court of Appeals for the Second Circuit affirmed
the judgment of the district court.

A full-text copy of the Summary Order dated April 14, 2016 is
available at http://is.gd/li00Nkfrom Leagle.com.

The case is Alphonse Fletcher, Jr., Appellant, v. Corinne Ball,
Chapter 11 Trustee, Trustee-Appellee, No. 15-1559 (2d Cir.), in
relation to bankruptcy case In re Soundview Elite Ltd., et al.,
Debtors.

Alphonse Fletcher, Jr., pro se, San Francisco, CA, for Appellant.

William J. Hine, Esq. -- wjhine@jonesday.com -- Jones Day, New
York, NY, for Appellee.

                 About SoundView Elite Ltd.

Six mutual funds originally created by Citco Group of Cos.,
including Soundview Elite Ltd., filed petitions for Chapter 11
protection on Sept. 24, 2013, in Manhattan to avoid undergoing
bankruptcy liquidation in the Cayman Islands, where they are
incorporated.

The funds are Soundview Elite (Bankr. S.D.N.Y. Case No. 13-13098)
Soundview Premium, Ltd. (Case No. 13-13099); Soundview Star Ltd.
(Case No. 13-13101); Elite Designated (Case No. 13-13102); Premium
Designated (Case No. 13-13103); and Star Designated (Case No.
13-13104).  The petitions were signed by Floyd Saunders as
corporate secretary.  By order dated Oct. 16, 2013, the Court
directed that the Debtors' bankruptcy cases be procedurally
consolidated and jointly administered.

SoundView Elite Ltd. and two similarly named funds were the target
of a winding-up petitions in the Cayman Islands filed in August by
Citco, which had sold its interest in the funds' manager years
before.  An investor, who was removed from the funds' board in
June, filed a different winding-up petition in August, aimed at
three funds created later to hold illiquid assets.

The Debtor disclosed $20,703,641 in assets and $16,402,671 in
liabilities as of the Chapter 11 filing.  The funds said in a
court filing their total cash assets of about $20 million are held
in
the U.S., where the funds are managed.  Court papers list the
funds'
total assets as $52.8 million, against debt totaling $28 million.

Judge Robert E. Gerber presides over the U.S. cases.

Warren J. Martin, Jr., Esq., Mark J. Politan, Esq., Terri Jane
Freedman, Esq., and Rachel A. Segall, Esq., at Porzio, Bromberg &
Newman, PC, serve as the Debtors' counsel.  CohnReznick LLP serves
as financial advisor.

Peter Anderson and Matthew Wright, as Joint Official Liquidators
of the Debtors, are represented in the U.S. proceedings by John A.
Pintarelli, Esq., James J. Beha, II, Esq., William H. Hildbold,
Esq., at Morrison & Foerster LLP.

The U.S. Trustee solicited for the formation of an official
committee of unsecured creditors, but to date one has not been
formed.

In April 2014, District Judge J. Paul Oetken affirmed the
Bankruptcy Court order appointing a Chapter 11 trustee for
SoundView Elite Ltd. and its affiliated debtors, and tossed pro se
appeals filed by Alphonse Fletcher, Jr. and George E. Ladner, the
sole directors of the mutual funds.


SOUTHERN REGIONAL HEALTH: Wants June 30 Admin. Claims Bar Date
--------------------------------------------------------------
Clayton General, Inc., formerly Southern Regional Health System,
asks the U.S. Bankruptcy Court for the Northern District of
Georgia, Atlanta Division, to fix an administrative claims bar
date.

The Debtor requests the Court to fix a bar date of June 30, 2016
for filing requests for allowance of Sec. 503(b)(9) claims on
account of goods delivered to the Debtors during the 20 days prior
to the Petition Date and administrative claims that have accrued
between the Petition Date and April 1, 2016.

The Debtors relate that as of Feb. 1, 2016, they no longer had any
further business activities as Prime Healthcare Foundation -
Southern Regional, LLC, took over the daily operations of the
Debtors' previous business on such date.  The Debtors further
relate that there may be miscellaneous Administrative Claims that
could have arisen in the months following the closing of the Sale,
on Feb. 1, 2016.  The Debtors believe, in the interest of having
the most complete information possible, that fixing a bar date for
Administrative Claims that have accrued between the Petition Date
and April 1, 2016, is in the best interests of the estates.

Clayton General, Inc., formerly Southern Regional Health System,
and its affiliated debtors are represented by:

          J. Robert Williamson, Esq.
          Ashley Reynolds Ray, Esq.
          Matthew W. Levin, Esq.
          SCROGGINS & WILLIAMSON, P.C.
          One Riverside
          4401 Northside Parkway
          Suite 450
          Atlanta, GA 30327
          Telephone: (404)893-3880
          Facsimile: (404)893-3886
          E-mail: rwilliamson@swlawfirm.com
                  aray@swlawfirm.com
                  mlevin@swlawfirm.com

                      About Clayton General

Southern Regional Health System, Inc., owns the Southern Regional
Medical Center, a 331-licensed bed full-service hospital located
in
Riverdale, Georgia.  Managed by Emory Healthcare, Inc., the
hospital serves residents throughout the region south of Atlanta.
As a leader in neurologic, heart & vascular, bariatric, and
women's
healthcare services, Southern Regional's medical staff is comprise
of more than 480 physicians that blend their passion for healing
with advanced technology to offer the latest procedures and
treatments.

Southern Regional and its subsidiaries sought Chapter 11
protection
(Bankr. N.D. Ga. Case No. 15-64266) on July 30, 2015, in Atlanta,
Georgia.  The cases are assigned to Judge Wendy L. Hagenau.

Southern Regional Health System, Inc. disclosed total assets of
$41,996,075 and total liabilities of $42,884,499.  The Debtors'
secured creditors are Gemino Healthcare Finance, LLC, and U.S.
Foods, Inc.

Gemino claims to be owed in excess of $10 million, while U.S.
Foods
has a $60,000 claim.

The Debtors tapped Scroggins & Williamson, P.C., as bankruptcy
attorneys, Nelson Mulins Riley & Scarborough LLP, as outside
general counsel, and Kurtzman Carson Consultants LLC as claims and
balloting agent.  GGG Partners, LLC serves as financial advisors
to the Debtors.

The Official Committee of Unsecured Creditors tapped Lamberth,
ifelli, Ellis & Nason, P.A., and Pepper Hamilton, LLP, as
attorneys.  PricewaterhouseCoopers LLP serves as its financial
advisors.

                           *     *     *

Prime Healthcare has submitted a letter of intent to purchase most
of Southern Regional's assets, and would operate the hospital after
the proposed sale.  Prime has agreed to provide the Debtors with
$9.2 million of DIP financing.


SPORTS AUTHORITY: Appeals Order Denying Sale of Consigned Goods
---------------------------------------------------------------
Sports Authority Holdings, Inc., et al., notified the U.S.
Bankruptcy Court for the District of Delaware that they will appeal
to the U.S. District Court for the District of Delaware from the
Bankruptcy Court's supplemental interim order denying the Debtors
authority to continue to sell certain prepetition consigned goods
entered on April 5, 2016.

Bankruptcy Judge Mary F. Walrath denied on April 5 the Debtors'
motion for authority to continue to sell consigned goods in the
ordinary course of business free and clear of all liens, claims and
encumbrances and to grant administrative expense priority to
consignment vendors for consigned goods delivered postpetition.  In
the Motion, the Debtors also ask the Court to grant replacement
liens to consignment vendors with perfected security interests in
consigned goods and remit the consignment sale price arising from
sale of consigned goods to putative consignment vendors.

Several objections to the Motion were asserted by various
consignment vendors of the Debtors, including Agron, Inc., Gordini
USA, Inc., SGS Sports, Inc., Castlewood Apparel Corp., Implus
Footcare, LLC, and ASICS America Corporation.

Judge Walrath opined that the Motion is denied on the basis that,
among other things, the Debtors are not entitled to relief under
Section 363 (f)(4) of the Bankruptcy Code and for the reasons set
forth on the record at the hearings.

The Debtors are represented by:

          Michael R. Nestor, Esq.
          Kenneth J. Enos, Esq.
          Andrew L. Magaziner, Esq.
          YOUNG CONAWAY STARGATT & TAYLOR, LLP
          Rodney Square
          1000 North King Street
          Wilmington, DE 19801
          Telephone: (302) 571-6600
          Facsimile: (302) 571-1253
          E-mail: mnestor@ycst.com
                  kenos@ycst.com
                  amagaziner@ycst.com

               - and -

          Robert A. Klyman, Esq.
          Matthew J. Williams, Esq.
          Jeremy L. Graves, Esq.
          Sabina Jacobs, Esq.
          GIBSON, DUNN & CRUTCHER LLP
          333 South Grand Avenue
          Los Angeles, CA 90071-1512
          Telephone: (213) 229-7000
          Facsimile: (213) 229-7520
          E-mail: rklyman@gibsondunn.com
                  mjwilliams@gibsondunn.com
                  jgraves@gibsondunn.com
                  sjacobs@gibsondunn.com

The Ad Hoc Committee of Consignment Creditors is represented by:

          Peter M. Sweeney, Esq.
          BLAKELEY LLP
          1000 N. West Street, Suite 1200
          Wilmington, DE 19801
          Telephone: (302) 415-9908
          E-mail: psweeney@blakeleyllp.com

J.J's Mae, Inc. d/b/a Rainbeau is represented by:

          Gregg M. Ficks, Esq.
          COBLENTZ, PATCH, DUFFY & BASS LLP
          One Montgomery Street, Suite 3000
          San Francisco, CA 94104
          Telephone: (415) 391-4800
          Facsimile: (415) 989-1663
          E-mail: gficks@coblentzlaw.com

Wilmington Savings Fund Society, FSB, as Term Loan Agent, is
represented by:

          Robert J. Dehney, Esq.
          Gregory W. Werkheiser, Esq.
          Daniel B. Butz, Esq.
          MORRIS NICHOLS ARSHT & TUNNELL LLP
          1201 N. Market St., 16th Floor
          P.O. Box 1347
          Wilmington, DE 19899-1347
          Telephone: (302) 658-9200
          Facsimile: (302) 658-3989
          E-mail: rdehney@mnat.com
                  gwerkheiser@mnat.com
                  dbutz@mnat.com

               - and -

          Robert J. Stark, Esq.
          William R. Baldiga, Esq.
          May Orenstein, Esq.
          Bennett S. Silverberg, Esq.
          BROWN RUDNICK LLP
          Seven Times Square
          New York, NY 10036
          Telephone: (212) 209-4800
          Facsimile: (212) 209-4801
          E-mail: rstark@brownrudnick.com
                  wbaldiga@brownrudnick.com
                  morenstein@brownrudnick.com
                  bsilverberg@brownrudnick.com

Bank of America, N.A., as administrative agent and collateral
agent, is represented by:

          Gregory A. Taylor, Esq.
          Benjamin W. Keenan, Esq.
          ASHBY & GEDDES, P.A.
          500 Delaware Avenue, 8th Floor
          P.O. Box 1150
          Wilmington, DE 19899-1150
          Telephone: (302) 654-1888
          Facsimile: (302) 654-2067
          E-mail: gtaylor@ashby-geddes.com
                  bkeenan@ashby-geddes.com

               - and -

          Donald E. Rothman, Esq.
          Paul S. Samson, Esq.
          Marjorie S. Crider, Esq.
          RIEMER & BRAUNSTEIN LLP
          Three Center Plaza, Suite 600
          Boston, MA 02108
          Telephone: (617) 523-9000
          Facsimile: (617) 880-3456
          E-mail: DRothman@riemerlaw.com
                  PSamson@riemerlaw.com
                  MCrider@riemerlaw.com

Agron, Inc., is represented by:

          Ronald S. Gellert, Esq.
          Margaret F. England, Esq.
          GELLERT SCALI BUSENKELL & BROWN, LLC
          1201 North Orange Street, Suite 300
          Wilmington, DE 19801
          Telephone: (302) 425-5800
          Facsimile: (302) 425-5814
          E-mail: rgellert@gsbblaw.com
                  mengland@gsbblaw.com

               - and -

          David S. Kupetz, Esq.
          Jessica L. Vogel, Esq.
          SULMEYER KUPETZ, A PROFESSIONAL CORPORATION
          333 South Hope Street, 35th Floor
          Los Angeles, CA 90071
          Telephone: (213) 636-2311
          Facsimile: (213) 629-4520
          E-mail: dkupetz@sulmeyerlaw.com
                  jvogel@sulmeyerlaw.com

Gordini USA, Inc. and SGS Sports, Inc., SP Images, Inc., and Sport
Write, Inc., are represented by:

          William E. Chipman, Jr., Esq.
          Mark D. Olivere, Esq.
          CHIPMAN BROWN CICERO & COLE, LLP
          Hercules Plaza
          1313 North Market Street, Suite 5400
          Wilmington, DE 19801
          Telephone: (302) 295-0191
          Facsimile: (302) 295-0199
          E-mail: chipman@chipmanbrown.com
                  olivere@chipmanbrown.com

Wigwam Mills, Inc., is represented by:

          William A. Hazeltine, Esq.
          SULLIVAN HAZELTINE ALLINSON LLC
          901 North Market Street, Suite 1300
          Wilmington, DE 19801
          Telephone: (302) 428-8191
          Facsimile: (302) 428-8195
          whazeltine@sha-llc.com

               - and -

          Michael D. Jankowski, Esq.
          L. Katie Mason, Esq.
          REINHART BOERNER VAN DEUREN S.C.
          1000 North Water St., Suite 1700
          Milwaukee, WI 53202
          Telephone: (414) 298-8234
          Facsimile: (414) 298-8097
          E-mail: mjankowski@reinhartlaw.com
                  kmason@reinhartlaw.com

ASICS America Corporation is represented by:

          Adrienne K. Walker, Esq.
          Eric R. Blythe, Esq.
          MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C.
          One Financial Center
          Boston, MA 02111
          Telephone: (617) 542-6000
          Facsimile: (617) 542-2241
          E-mail: awalker@mintz.com
                  eblythe@mintz.com

               - and -

          Jeffry A. Davis, Esq.
          MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C.
          3580 Carmel Mountain Road, Suite 300
          San Diego, CA 92130
          Telephone: (858) 314-1500
          Facsimile: (858) 314-1501
          E-mail: jdavis@mintz.com

               - and -

          Christopher S. Loizides, Esq.
          1225 King Street, Suite 800
          Wilmington, DE 19801
          Telephone: (302) 654-0248
          E-mail: loizides@loizides.com
          LOIZIDES, P.A.

Casio is represented by:

          Frederick B. Rosner, Esq.
          Julia B. Klein, Esq.
          THE ROSNER LAW GROUP LLC
          824 N. Market Street, Suite 810
          Wilmington, DE 19801
          Telephone: (302) 777-1111
          E-mail: rosner@teamrosner.com
                  klein@teamrosner.com

               - and -

          Richard B. Brosnick, Esq.
          AKERMAN LLP
          666 Fifth Avenue, 20th Floor
          New York, NY 10103
          Telephone: (212) 880-3834
          E-mail: richard.brosnick@akerman.com

Ameriform Acquisition Company, LLC d/b/a KL Industries is
represented by:

          William E. Chipman, Jr., Esq.
          Mark D. Olivere, Esq.
          CHIPMAN BROWN CICERO & COLE, LLP
          Hercules Plaza
          1313 North Market Street, Suite 5400
          Wilmington, DE 19801
          Telephone: (302) 295-0191
          Facsimile: (302) 295-0199
          E-mail: chipman@chipmanbrown.com
                  olivere@chipmanbrown.com

               - and -

          Anthony J. Kochis, Esq.
          WOLFSON BOLTON PLLC
          3150 Livernois, Suite 275
          Troy, MI 48083
          Telephone: (248) 247-7105
          E-mail: akochis@wolfsonbolton.com

E&B Giftware LLC is represented by:

          Jason C. Powell, Esq.
          FERRY JOSEPH, P.A.
          824 Market Street, Suite 1000
          P.O. Box 1351
          Wilmington, DE 19899
          Telephone: (302) 575-1555
          Facsimile: (302) 575-1714
          E-mail: jpowell@ferryjoseph.com

               - and -

          Wendy A. Kinsella, Esq.
          Lee E. Woodard, Esq.
          HARRIS BEACH PLLC
          333 West Washington St., Suite 200
          Syracuse, NY 13202
          Telephone: (315) 423-7100
          Facsimile: (315) 422-9331
          E-mail: wkinsella@harrisbeach.com
                  lwoodard@harrisbeach.com

Shock Doctor, Inc., is represented by:

          David M. Powlen, Esq.
          Kevin G. Collins, Esq.
          BARNES & THORNBURG LLP
          1000 N. West Street, Suite 1500
          Wilmington, DE 19801
          Telephone: (302) 300-3434
          Facsimile: (302) 300-3456
          E-mail: david.powlen@btlaw.com
                  kevin.collins@btlaw.com

               - and -

          George H. Singer, Esq.
          Adam C. Ballinger, Esq.
          LINDQUIST & VENNUM LLP
          4200 IDS Center
          80 South 8th Street
          Minneapolis, MN 55402
          Telephone: (612) 371-3211
          Facsimile: (612) 371-3207
          E-mail: gsinger@lindquist.com
                  aballinger@lindquist.com

Castlewood is represented by:

          Frederick B. Rosner, Esq.
          Julia B. Klein, Esq.
          THE ROSNER LAW GROUP LLC
          824 N. Market Street, Suite 810
          Wilmington, DE 19801
          Telephone: (302) 777-1111
          E-mail: rosner@teamrosner.com
                  klein@teamrosner.com

               - and -

          David H. Wander, Esq.
          DAVIDOFF HUTCHER & CITRON LLP
          605 Third Avenue
          New York, NY 10158
          E-mail: dhw@dhclegal.com

Altus Brands, LLC, is represented by:

          David P. Primack, Esq.
          McELROY, DEUTSCH, MULVANEY & CARPENTER, LLP
          300 Delaware Avenue, Suite 770
          Wilmington, DE 19801
          Telephone: 302-300-4515
          Facsimile: 302-645-4031
          E-mail: dprimack@mdmc-law.com

Implus Footcare, LLC, is represented by:

          Mary F. Caloway, Esq.
          BUCHANAN INGERSOLL & ROONEY PC
          919 N. Market Street, Suite 1500
          Wilmington, DE 19801
          Telephone: (302) 552-4200
          Facsimile: (302) 552-4295
          E-mail: mary.caloway@bipc.com

Easton Baseball/Softball Inc., Bauer Hockey, Inc., Performance
Lacrosse Group Inc., and BPS Diamond Sports Inc. are represented
by:

          Mark E. Felger, Esq.
          Keith L. Kleinman, Esq.
          COZEN O'CONNOR
          1201 North Market Street, Suite 1001
          Wilmington, DE 19801
          Telephone: (302) 295-2000
          Facsimile: (888) 207-2440
          E-mail: mfelger@cozen.com
                  kkleinman@cozen.com

               - and -


          Victor G. Milione, Esq.
          Christopher J. Fong, Esq.
          NIXON PEABODY LLP
          437 Madison Avenue
          New York, NY 10022
          Telephone: (212) 940-3000
          Facsimile: (212) 940-3111
          E-mail: vmilione@nixonpeabody.com
                  cfong@nixonpeabody.com

Boyt Harness Company, LLC, is represented by:

          Joseph Grey, Esq.
          CROSS & SIMON, LLC
          913 North Market Street, 11th Floor
          P.O. Box 1380
          Wilmington, DE 19899
          Telephone: (302) 777-4200
          E-mail: jgrey@crosslaw.com

               - and -

          David A. Newby, Esq.
          COMAN & ANDERSON, P.C.
          650 Warrenville Rd., Suite 500
          Lisle, IL 60532
          Telephone: (630) 428-2660
          E-mail: DNewby@comananderson.com

Bravo Sports is represented by:

          Robert Karl Hill, Esq.
          SEITZ, VAN OGTROP & GREEN, P.A.
          222 Delaware Ave., Suite 1500
          P.O. Box 68
          Wilmington, DE 19899
          Telephone: (302) 888-0600
          E-mail: khill@svglaw.com

               - and -

          Matthew A. Lesnick, Esq.
          LESNICK PRINCE & PAPPAS LLP
          185 Pier Avenue, Suite 103
          Santa Monica, CA 90405
          Telephone: (310) 396-0964
          Facsimile: (310) 396-0963
          E-mail: matt@lesnickprince.com

Goal Zero LLC is represented by:

          Michael S. Etkin, Esq.
          LOWENSTEIN SANDLER LLP
          65 Livingston Avenue
          Roseland, NJ 07068
          Telephone: (973) 597-2500
          Facsimile: (973) 597-2400
          E-mail: metkin@lowenstein.com

               - and -

          David M. Banker, Esq.
          LOWENSTEIN SANDLER LLP
          1251 Avenue of the Americas
          New York, NY 10020
          Telephone: (212) 262-6700
          Facsimile: (212) 262-7402
          E-mail: dbanker@lowenstein.com

Filmar USA, Inc., is represented by:

          Frederick B. Rosner, Esq.
          Julia B. Klein, Esq.
          THE ROSNER LAW GROUP LLC
          824 N. Market Street, Suite 810
          Wilmington, DE 19801
          Telephone: (302) 777-1111
          E-mail: rosner@teamrosner.com
                  klein@teamrosner.com

               - and -

          Jeremy R. Fischer, Esq.
          DRUMMOND WOODSUM
          84 Marginal Way, Suite 600
          Portland, ME 04102
          Telephone: (207) 772-1941
          E-mail: jfischer@dwmlaw.com

Performance Apparel Corp. is represented by:

          Ronald S. Gellert, Esq.
          Margaret F. England, Esq.
          GELLERT SCALI BUSENKELL & BROWN, LLC
          1201 North Orange Street, Suite 300
          Wilmington, DE 19801
          Telephone: (302) 425-5800
          Facsimile: (302) 425-5814
          E-mail: rgellert@gsbblaw.com
                  mengland@gsbblaw.com

               - and -

          Edwin J. Rambuski, Esq.
          LAW OFFICES OF EDWIN J. RAMBUSKI
          1401 Higuera Street
          San Luis Obispo, CA 9340
          Telephone: (805) 546-8284
          Facsimile: (805) 546-8489
          E-mail: edwin@rambuskilaw.com

O2Cool, LLC is represented by:

          Ayesha C. Bennett, Esq.
          CAMPBELL & LEVINE, LLC
          222 Delaware Avenue, Suite 1620
          Wilmington, DE 19801
          Telephone: (302) 426-1900
          Facsimile: (302) 426-9947
          E-mail: abennett@camlev.com

               - and -

          Jason M. Torf, Esq.
          HORWOOD MARCUS & BERK CHARTERED
          500 West Madison, Suite 3700
          Chicago, IL 60661
          Telephone: (312) 606-3236
          Facsimile: (312) 267-2202
          E-mail: jtorf@hmblaw.com

Mission Product Holdings, Inc., is represented by:

          Joseph H. Huston, Jr., Esq.
          STEVENS & LEE, P.C.
          919 North Market Street, 7th Floor
          Wilmington, DE 19801
          Telephone: (302) 425-3310
          Facsimile: (610) 371-7972
          E-mail: jhh@stevenslee.com

               - and -

          Robert J. Keach, Esq.
          Michael A. Siedband, Esq.
          BERNSTEIN, SHUR, SAWYER & NELSON
          100 Middle Street, West Tower
          P.O. Box 9729
          Portland, ME 04104-5029
          Telephone: (207) 774-1200
          E-mail: rkeach@bernsteinshur.com
                  msiedband@bernsteinshur.com

Midland Radio Corporation is represented by:

          Ronald S. Gellert, Esq.
          Margaret F. England, Esq.
          GELLERT SCALI BUSENKELL & BROWN LLC
          1201 North Orange Street, Suite 300
          Wilmington, DE 19801
          Telephone: (302) 425-5800
          Facsimile: (302) 425-5814
          E-mail: rgellert@gsbblaw.com
                  mengland@gsbblaw.com

               - and -

          Stephen K. Dexter, Esq.
          LATHROP & GAGE LLP
          950 Seventeenth Street, Suite 2400
          Denver, CO 80202
          Telephone: (720) 931-3200
          Facsimile: (720) 931-3201
          E-mail: sdexter@lathropgage.com

Ogio International, Inc., is represented by:

          Ronald S. Gellert, Esq.
          Margaret F. England, Esq.
          GELLERT SCALI BUSENKELL & BROWN, LLC
          1201 North Orange Street, Suite 300
          Wilmington, DE 19801
          Telephone: (302) 425-5800
          Facsimile: (302) 425-5814
          E-mail: rgellert@gsbblaw.com
                  mengland@gsbblaw.com

               - and -

          David E. Leta, Esq.
          SNELL & WILMER LLP
          15 West South Temple, Suite 1200
          Salt Lake City, UT 84101
          Telephone: (801) 257-1900
          Facsimile: (801) 257-1800
          E-mail: delta@swlaw.com

Hi-Tec Sports USA, Inc., is represented by:

          Wanda Borges, Esq.
          BORGES & ASSOCIATES, LLC
          575 Underhill Blvd., Suite 118
          Syosset, NY 11791
          Telephone: (516) 677-8200 x225
          Facsimile: (516) 677-0806
          E-mail: wborges@borgeslawllc.com

Trends International, LLC, is represented by:

          David M. Powlen, Esq.
          Kevin G. Collins, Esq.
          BARNES & THORNBURG LLP
          1000 N. West Street, Suite 1500
          Wilmington, DE 19801
          Telephone: (302) 300-3434
          Facsimile: (302) 300-3456
          E-mail: david.powlen@btlaw.com
                  kevin.collins@btlaw.com

                 About Sports Authority Holdings

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

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

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

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


SPORTS AUTHORITY: Asks Judge to Extend Deadline to Remove Suits
---------------------------------------------------------------
Sports Authority Holdings 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 Aug. 29, 2016.

The court is set to hold a hearing on May 25 to consider the
motion.  Objections are due by May 12.

                 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.  Lawyers at
Pachulski Stang Ziehl & Jones LLP represent the Official Committee
of Unsecured Creditors.


STANFORD GROUP: Ponzi Victims in $35-Mil. Settlement with NY Firm
-----------------------------------------------------------------
Jonathan Stempel, writing for Reuters, reported that a large New
York law firm that once represented the now-imprisoned Texas
financier Allen Stanford has reached a $35 million settlement with
victims of his estimated $7.2 billion Ponzi scheme.

According to the report, Chadbourne & Parke entered the accord on
Feb. 25, two weeks before a federal appeals court said the firm and
Proskauer Rose, which also represented Stanford, were immune under
Texas law from liability for the victims' losses.  The settlement
was discussed in a filing with the federal court in Dallas, the
report related.

Roughly 18,000 of Stanford's former investors had sued Chadbourne
and Proskauer over work done for the swindler by Thomas Sjoblom, a
lawyer who worked at both firms, the report said.  Investors said
the firms turned a blind eye to Stanford's sale of fraudulent
high-yield certificates of deposit through his Antigua-based
Stanford International Bank, and obstructed a related U.S.
Securities and Exchange Commission probe, the report added.

The cases are Troice et al v. Proskauer Rose LLP et al, U.S.
District Court, Northern District of Texas, No. 09-01600; and
Janvey et al v. Proskauer Rose LLP in the same court, No.
13-00477.

                       About Stanford Group

The Stanford Financial Group was a privately held international
group of financial services companies controlled by Allen
Stanford, until it was seized by United States (U.S.) authorities
in early 2009.

Domiciled in Antigua, Stanford International Bank Limited --
http://www.stanfordinternationalbank.com/-- is a member of     
Stanford Private Wealth Management, a global financial services
network with US$51 billion in deposits and assets under
management or advisement.  Stanford Private Wealth Management
served more than 70,000 clients in 140 countries.

On Feb. 16, 2009, the United States District Court for the
Northern District of Texas, Dallas Division, signed an order
appointing Ralph Janvey as receiver for all the assets and
records of Stanford International Bank, Ltd., Stanford Group
Company, Stanford Capital Management, LLC, Robert Allen Stanford,
James M. Davis and Laura Pendergest-Holt and of all entities they
own or control.  The February 16 order, as amended March 12,
2009, directs the Receiver to, among other things, take control
and possession of and to operate the Receivership Estate, and to
perform all acts necessary to conserve, hold, manage and preserve
the value of the Receivership Estate.

The case in district court was Securities and Exchange Commission
v. Securities Investor Protection Corp., 11-mc-00678, U.S.
District Court, District of Columbia (Washington).

The U.S. Securities and Exchange Commission, on Feb. 17, charged
before the U.S. District Court in Dallas, Texas, Mr. Stanford and
three of his companies for orchestrating a fraudulent, multi-
billion dollar investment scheme centering on an US$8 billion
Certificate of Deposit program.

A criminal case was pursued against him in June before the U.S.
District Court in Houston, Texas.  Mr. Stanford pleaded not
guilty to 21 charges of multi-billion dollar fraud, money-
laundering and obstruction of justice.  Assistant Attorney
General Lanny Breuer, as cited by Agence France-Presse News, said
in a 57-page indictment that Mr. Stanford could face up to 250
years in prison if convicted on all charges.  Mr. Stanford
surrendered to U.S. authorities after a warrant was issued for
his arrest on the criminal charges.


STEVE'S EQUIPMENT: Case Summary & 8 Unsecured Creditors
-------------------------------------------------------
Debtor: Steve's Equipment Service, Inc.
        1400 Powis Road
        West Chicago, IL 60185

Case No.: 16-15722

Type of Business: Seller and lessor of heavy construction
                  equipment and snow removal equipment based in
                  Illinois.

Chapter 11 Petition Date: May 9, 2016

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Carol A. Doyle

Debtor's Counsel: Richard G Larsen, Esq.
                  SPRINGER BROWN, LLC
                  300 South County Farm Road, Suite I
                  Wheaton, IL 60187
                  Tel: 630-510-0000
                  Fax: 630-510-0004
                  E-mail: rlarsen@springerbrown.com

Total Assets: $12.9 million

Total Debts: $9.05 million

The petition was signed by Steve Martines, owner.

List of Debtor's Eight Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
ASV                                 Business Debt         $2,682

Chicago Pneumatic Const.            Business Debt           $993

CINTAS #021                         Business Debt           $346

CINTAS #344                         Business Debt           $638

CINTAS #769                         Business Debt           $518

CINTAS First Aid Safety             Business Debt            $79

Citibusiness Card                   Business Debt        $33,653
Processing Center

LBX Company                           Equipment         $150,239


STEVE'S EQUIPMENT: Wants to Use Secured Lender's Cash Collateral
----------------------------------------------------------------
Steve's Equipment Services, Inc., seeks permission from the
Bankruptcy Court to use West Suburban Bank's cash collateral to
fund working capital to finance its ongoing post-petition business
operations.

Prior to the Petition Date, the Debtor borrowed certain sums of
money from West Suburban Bank, pursuant to certain promissory
notes, letter agreements, loan agreements, security agreements,
pledge agreements, collateral assignments, and other agreements,
instruments, certificates and documents.  The Debtor disclosed that
as of the Petition Date, it owed the Secured Lender $6,305,414
under the Loan Documents.

As of the Petition Date, the Secured Lender held a perfected lien
on substantially all of the Debtor's prepetition assets, including
but not limited to, cash on hand, inventory, accounts receivable,
and general intangibles, together with the proceeds thereof.

"In the absence of immediate authorization of the use of the Cash
Collateral, the Debtor could not continue to operate its business,
and will incur immediate and irreparable harm to its estate," said
Richard G. Larsen, Esq., at Springer Brown, LLC, one of the
Debtor's attorneys.

As adequate protection for the Secured Lender's interest in the
Cash Collateral, the Debtor proposes to: (1) for any diminution in
value of the Secured Lender's interests in the Cash Collateral from
and after the Petition date, grant the Secured Lender a
replacement lien on all of its assets; (2) for any diminution in
value of the Secured Lender's interests in the Cash Collateral from
and after the Petition date, grant the Secured Lender an
administrative expense claim pursuant to Section 507(b) of the
Code; and (3) make periodic payments of $100,000 per month to the
Bank until further order of Court to further protect against any
diminution in value of the collateral.

                      About Steve's Equipment

Based in Illinois, Steve's Equipment Service, Inc. is a seller and
lessor of heavy construction equipment and snow removal equipment.
Steve's Equipment filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ill. Case No. 16-15722) on May 9, 2016, due to its inability
to secure new financing after the maturity of the West Suburban
Bank loans.  Steve Martines, the owner, signed the petition.  The
Debtor listed total assets of $12.9 million and total debt of $9.05
million.  Judge Carol A. Doyle has been assigned the case.


SUNEDISON INC: Hires McKinsey RTS as Restructuring Advisor
----------------------------------------------------------
SunEdison, Inc. and its debtor-affiliates seek authorization from
the Hon. Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York to employ McKinsey Recovery &
Transformation Services U.S., LLC as restructuring advisor to the
Debtors, nunc pro tunc to the April 21, 2016 petition date.

The Debtors require McKinsey RTS to:

   (a) support the development of a strategic business plan with
       the Company's Chief Restructuring Officer and other key
       functional leaders that can be used to facilitate
       discussions with the Company's lenders and certain other
       stakeholders;

   (b) assist the Company's Chief Restructuring Officer and Chief
       Financial Officers with matters related to financial
       planning and analysis, as requested;

   (c) assist in developing a short-term cash flow forecasting
       process and implementing cash management strategies,
       tactics and processes and working with the Company's
       treasury department and other professionals and
       coordinating the activities of the representatives of other

       constituencies in the cash management process;

   (d) assist with the Company's financial and treasury functions
       as they respond to the analytical requests and other
       requests for information that are placed upon the Company;

   (e) along with management, develop and establish a weekly
       financial reporting package that provides additional
       transparency into the Company's near term cash position,
       including a forecast to actual variance analysis;

   (f) provide strategic advice to support the overall
       restructuring process;

   (g) in cooperation with the Company's officers, investment
       bankers and other engaged professionals and counsel,
       developing and preparing a chapter 11 plan of
       reorganization;

   (h) assist the Company in managing its bankruptcy process
       including managing outside stakeholders and their
       professionals;

   (i) assist with the evaluation of certain near term operational

       cost reduction and value enhancement opportunities;

   (i) plan and execute the Company's business support functions
       re organization and cost reduction goals;

   (j) work with the Company's counsel on supporting data in order

       for Counsel to prepare first day motions, the petitions for

       relief and other documents and evidence needed to implement

       any Chapter 11 bankruptcy case filed by the Company;

   (k) assist the Company with developing a detailed
       communications plan;

   (l) provide local support with development of various strategic

       and restructuring alternatives for international
       operations;

   (m) provide testimony and other litigation support as requested

       by Counsel in connection with matters upon which McKinsey
       RTS is providing Services; and

   (n) assist with all such other restructuring matters as may be
       requested by Counsel and/or the Board that fall within
       McKinsey RTS's expertise and that are mutually agreed upon
       between the Parties.

McKinsey RTS will be paid at these hourly rates:

       Practice Leader             $950-$1,075
       Senior Vice President       $700-$875
       Vice President              $600-$700
       Senior Associate            $500-$575
       Associate                   $400-$475
       Analyst                     $250-$350
       Paraprofessional            $225-$250

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

Pursuant to the Engagement Letter, McKinsey RTS received a retainer
of $2,000,000 on April 8, 2016 from the Debtors in connection with
its prepetition work.

Mark W. Hojnacki, practice leader of McKinsey RTS, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on May
19, 2016, at 10:00 a.m.  Objections, if any, are due May 12, 2016,
at 4:00 p.m.

McKinsey RTS can be reached at:

       Mark W. Hojnacki
       McKinsey Recovery &
       Transformation Services U.S., LLC
       55 East 52nd Street
       New York, NY 10055
       Tel: (212) 446-7000
       Fax: (212) 446-8575

                      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.

The Office of the U.S. Trustee on April 29 appointed seven
creditors of SunEdison, Inc., to serve on the official committee
of
unsecured creditors.


SUNEDISON INC: Hires PwC as Financial Advisors
----------------------------------------------
SunEdison, Inc. and its debtor-affiliates seek authorization from
the Hon. Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York to employ PricewaterhouseCoopers LLP
as financial advisors to the Debtors, effective April 21, 2016
petition date.

The Debtors require PwC to provide these services:

   (a) accounting and valuation advisory in connection with the
       Debtors' required financial reporting, including, but not
       limited to, disclosures and financial reporting
       considerations triggered by a Chapter 11 bankruptcy filing;

   (b) advice and assistance regarding cut-off of pre-petition and

       post-petition payables, including appropriate system
       modifications and controls to map payables by legal entity;

   (c) advice and assistance to the Debtors in the preparation of
       financial disclosures required by the Court, including:
       Schedule of Assets and Liabilities; Statements of Financial

       Affairs; Monthly Operating Reports; and Schedule 2015.3;

   (d) coordinate the timing and of all key deliverables related
       to the bankruptcy process to ensure that specific filing
       requirements of the Bankruptcy Court and US Trustee as well

       as requests of key stakeholders are filed and completed
       accurately in a timely manner;

   (e) advice and assistance to the Debtors' Financial Planning &
       Analysis team with respect to short-term cash flow
       forecasting and management procedures, and advice and
       assistance on potential process improvements and control
       enhancements including the assistance in the Debtors'
       development of tools it has decided to implement or modify;

   (f) assist cash management team in the ongoing monitoring,
       updating and validating of the bankruptcy specific rolling
       13-week cash flow forecast, including required reporting to

       stakeholders, e.g,. budget-to-actual analyses, covenant
       compliance, rolling updates, etc.;

   (g) analysis of creditor claims by type, entity, and individual

       claim, including assistance with the development of
       databases, as necessary, to track such claims;

   (h) assistance in the analysis/preparation of information
       necessary to assess the Debtors' tax attributes in
       connection with the confirmation of a plan of
       reorganization in these chapter 11 cases, including the
       development of the Debtors' discussion of related tax
       consequences contained in the disclosure statement;

   (i) assistance with the identification of executory contracts
       and leases and performance of cost/benefit evaluations with

       respect to the affirmation or rejection of each;

   (j) as requested, testifying as a "fact or percipient witness"
       in Debtors' bankruptcy court proceedings based on PwC's
       direct knowledge of the estate arising from or relating to
       the services performed;

   (k) provide advice and assistance as well as staff augmentation

       services as necessary to Debtors in connection with
       Debtors' accumulation of data and preparation of various
       schedules, account analyses, and reconciliations, including

       reconciliations of claims, bankruptcy petitions, the plan
       of reorganization and other reports required by the
       bankruptcy court, bankruptcy schedules and statements of
       financial affairs and such other documentation that is
       customarily issued by a debtor. If requested by Debtors,
       PwC will accumulate data and prepare certain schedules
       based upon Debtors' instructions, however, Debtors are
       responsible for the procedures and methods used to
       accumulate data and prepare all schedules, analyses and
       reconciliations. These Services will be based upon
       information provided by Debtors. The resulting materials
       prepared by PwC will be reviewed and approved by the member

       of Debtors' management team responsible for the information

       and its use; and

   (l) render such other general business consulting or such other

       assistance as Debtors' management or counsel may deem
       necessary, to the extent that it would not be duplicative
       of services provided by other professionals in these
       Chapter 11 cases.

PwC will be paid at these hourly rates:

       Partner/Principal         $775
       Director/Senior Manager   $575
       Manager                   $450
       Senior Associate          $270
       Associate                 $230

Staff Augmentation:

       Staff Augmentation-
       Senior Associate          $170
       Staff Augmentation-
       Associate                 $150

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

PwC received a pre-petition retainer in the amount of $250,000 from
the Debtors for professional services performed and expenses
incurred or expected to be incurred under the Engagement Agreement,
which was replenished from time to time. As of the Petition Date,
PwC had approximately $150,000 remaining on account of this
retainer, which PwC will maintain to secure the fees and expenses
that may be awarded to it in these Chapter 11 Cases.

Steven Fleming, principal of PwC, assured the Court that the firm
is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on May
19, 2016, at 10:00 a.m.  Objections, if any, are due May 12, 2016,
at 4:00 p.m.

PwC can be reached at:

       Steven Fleming
       PricewaterhouseCoopers LLP
       300 Madison Avenue
       New York, NY 10017
       Tel: (646) 471-3041
    
                      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.

The Office of the U.S. Trustee on April 29 appointed seven
creditors of SunEdison, Inc., to serve on the official committee of
unsecured creditors.


SUNEDISON INC: NYSE to Cancel Shares from Trading on May 17
-----------------------------------------------------------
New York Stock Exchange LLC notified the Securities and Exchange
Commission of its intention to remove the entire class of Common
Stock of SunEdison, Inc. (the 'Company') from listing and
registration on the Exchange at the opening of business on May 17,
2016, pursuant to the provisions of Rule 12d2-2(b) because, in the
opinion of the Exchange, the Common Stock is no longer suitable for
continued listing and trading on the Exchange. The Exchange reached
its decision pursuant to Section 802.01D of the Listed Company
Manual (the 'Manual') based on the Company's April 21, 2016
announcement that it and certain of its domestic and international
entities have voluntarily filed petitions under Chapter 11 of the
U.S. Bankruptcy Code in the Bankruptcy Court for the Southern
District of New York.

     1. Section 802.01D of the Manual states that the Exchange
would normally give consideration to suspending or removing from
the list a security of a company when 'an intent to file under any
of the sections of the bankruptcy law has been announced or a
filing has been made or liquidation has been authorized and the
company is committed to proceed.'

     2. Based on the Company's April 21, 2016 announcement, on
April 21, 2016, the Exchange determined that the Common Stock of
the Company should be suspended immediately from trading, and
directed the preparation and filing with the SEC of this
application for the removal of the Common Stock from listing and
registration on the Exchange. The Company was notified by letter on
April 21, 2016.

     3. Pursuant to the above authorization, a press release was
immediately issued and an announcement was made on the 'ticker' of
the Exchange immediately and at the opening of the trading session
on April 21, 2016 of the suspension of trading in the Common Stock.
Similar information was included on the Exchange's website.

     4. The Company had a right to appeal to the Committee for
Review of the Board of Directors of NYSE Regulation the
determination to delist its Common Stock, provided that it filed a
written request for such a review with the Secretary of the
Exchange within ten business days of receiving notice of delisting
determination.

The Company did not file such request within the specified time
period. Consequently, all conditions precedent under SEC Rule
12d2-2(b) to the filing of this application have been satisfied.

                        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.


SUNEDISON INC: Terms of CRO Dubel's Employment Disclosed
--------------------------------------------------------
The Board of Directors of SunEdison, Inc., in accordance with the
requirements set forth in the Company's debtor-in-possession credit
agreement, dated April 26, 2016, established on April 29, 2016, the
office of Chief Restructuring Officer and appointed John Dubel as
the Company's Chief Restructuring Officer. Mr. Dubel will report
directly to the independent directors of the Board.

His primary responsibilities will involve:

     (i) the management of all aspects of the financial
restructuring of the Company which filed a voluntary petition for
reorganization under Chapter 11 on April 21, 2016,

    (ii) evaluating all aspects of the Company's operations for
cost reduction measures during the pendency of the bankruptcy
proceedings and implementing such measures,

   (iii) directing the efforts of the Company's management,
employees and external professionals in bankruptcy-related matters
and transactions,

    (iv) directing the development of a chapter 11 plan, and

     (v) managing the obligations owed by the Company to its
significant creditors.

Mr. Dubel has sole authority and discretion on behalf of the
management of the Company -- subject to the requirement that he
must report directly to the Independent Directors -- with respect
to all matters in connection with the Restructuring, including,
without limitation, disbursements, use of cash, asset sales and
matters relating to TerraForm Power and TerraForm Global and their
subsidiaries or their assets or liabilities. No other officer
(including any Named Executive Officer, as that term is commonly
understood pursuant to item 402 of regulation S-K) shall have
responsibility or authority with regard to any of the duties of the
Chief Restructuring Officer.

Mr. Dubel is the Chief Executive Officer of Dubel & Associates,
LLC, a provider of restructuring and turnaround services to
underperforming companies which he founded in 1999. He has over 30
years of experience in Board representation, turnaround management,
crisis management, operational restructurings and divestments with
respect to distressed companies. He is currently serving on the
Board and as the Liquidating Trust Manager of the ResCap
Liquidating Trust. Most recently, Mr. Dubel was the Chief Executive
Officer of Financial Guaranty Insurance Company (FGIC), a monoline
insurance company, and prior to that he was a partner in Gradient
Partners, L.P., a single strategy distressed hedge fund.

Mr. Dubel is a past board member and officer of the Association of
Insolvency and Reorganization Advisors, a Certified Insolvency and
Reorganization Advisor and is a member of the Turnaround Management
Association and the American Bankruptcy Institute. Mr. Dubel
received a Bachelor in Business Administration degree from the
College of William and Mary.

As part of Mr. Dubel's appointment as the Company's Chief
Restructuring Officer, on April 29, 2016, the Company and Mr. Dubel
entered into an engagement letter. The terms of Mr. Dubel's
engagement remain subject to the approval of the Bankruptcy Court.

He may be reached at:

     John S Dubel
     Dubel & Associates LLC
     PO Box 524
     Brookside, NJ 07926-0524
     Tel: (917) 763-9600
     E-mail: jdubel@dubel.com

                       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.

An official committee of unsecured creditors has been appointed in
the case.


SUNEDISON INC: Vivint Solar To Take Part in Ch. 11 Case
-------------------------------------------------------
The American Bankruptcy Institute, citing Amrutha Gayathri of
Reuters, reported that solar panel installer Vivint Solar Inc. said
it would participate in SunEdison Inc.'s bankruptcy case to
maximize its recovery from claims against SunEdison, which
terminated its agreement to buy Vivint in March.

According to the report, Vivint Solar has filed a lawsuit in
Delaware against SunEdison alleging that the solar company
willfully breached its obligations under their merger agreement and
is seeking damages.  SunEdison's bankruptcy filing on April 21 has
created a temporary stay on the prosecution of Vivint's lawsuit,
the company said in a regulatory filing, the report related.

                        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.


TATOES LLC: Hires Paul H. Williams as Attorney
----------------------------------------------
Tatoes LLC seeks permission from the U.S. Bankruptcy Court for the
Eastern District of Washington to employ the Law Office of Paul H.
Williams as attorney.

The Debtor requires Paul H. Williams to:

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

     (b) prepare in behalf of the Debtors, as
Debtors-in-possession, all necessary motions, applications,
answers, orders, reports and papers in connection with the
administration of the Debtors' estates

     (c) assist the Debtors in obtaining confirmation of their
chapter 11 plan of reorganization;

     (d) perform all other necessary legal services in connection
with these chapter 11 proceedings.

The Firm will be paid at these hourly rates:

         Legal Assistants                $60
         Senior Lawyers                  $230

Paul H. Williams will be paid $230 per hour.

Law Office of Paul H. Williams can be reached at:

      Paul H. Williams
      1314 N. Avenue
      PO Box 123
      Yakima, WA 98907
      T: (509)453-4799
      F: (509)575-3622
      E-mail: phwatlaw@yahoo.com

                About Tatoes LLC

Tatoes, LLC, Wahluke Produce, Inc. and Columbia Manufacturing,
Inc., are engaged in farming, packing, storing, and
sellingpotatoes, onions and wheat. Each of the Debtors filed
Chapter 11 bankruptcy petitions (Bankr. E.D. Wash. Case Nos.
16-00900,16-00899 and 16-00898, respectively) on March 21, 2016.
Tatoes LLC estimated assets and liabilities in the range of
$10million to $50 million. Wahluke Produce and Columbia
Manufacturing estimated assets in the range of $50 million to $100
million and liabilities of up to $100 million.  Bailey & Busey LLC
represents the Debtors as counsel.

Gail Brehm Geiger, acting U.S. trustee for Region 18, on April 28
appointed three creditors of Tatoes LLC to serve on the official
committee of unsecured creditors.   Ms. Geiger disclosed that no
official committee of unsecured creditors has been appointed in the
Chapter 11 cases of Wahluke Produce Inc. and Columbia
Manufacturing
Inc., both affiliates of Tatoes LLC.


TATOES LLC: Panel Hires Southwell & O’Rourke as Attorneys
-----------------------------------------------------------
The Official Committee of Unsecured Creditors of Tatoes LLC, et
al., seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of Washington to retain Southwell & O'Rourke P.S.
as Attorneys for the Committee.

The Unsecured Creditors Committee requires Southwell & O'Rourke to
represent the panel in the Debtor's Chapter 11 case.

Southwell & O'Rourke will be paid at these hourly rates:

      Dan O'Rourke                      $400
      Kevin O'Rourke                    $325

Southwell & O'Rourke assured the Court that the firm is a
"disinterested person" as that term is defined in Sec. 101(14) of
the U.S. Bankruptcy Code and does not represent an interest adverse
to the Debtors and their estates.

Southwell & O'Rourke can be reached at:

      Dan O'Rourke                      
      Kevin O'Rourke
      Southwell & O'Rourke, P.S.
      Suite 960, Paulsen Center
      West 421 Riverside Avenue
      Spokane, WA 99201
      Telephone: (509)624-0159

                    About Tatoes LLC

Wahluke Produce, Inc. and Columbia Manufacturing, Inc., are engaged
in farming, packing, storing, and selling potatoes, onions and
wheat. Each of the Debtors filed Chapter 11 bankruptcy petitions
(Bankr. E.D. Wash. Case Nos. 16-00900, 16-00899 and 16-00898,
respectively) on March 21, 2016.  Tatoes LLC estimated assets and
liabilities in the range of $10 million to $50 million. Wahluke
Produce and Columbia Manufacturing estimated assets in the range of
$50 million to $100 million and liabilities of up to $100 million.
Bailey & Busey LLC represents the Debtors as counsel.

Gail Brehm Geiger, acting U.S. trustee for Region 18, on April 28
appointed three creditors of Tatoes LLC to serve on the official
committee of unsecured creditors.   Ms. Geiger disclosed that no
official committee of unsecured creditors has been appointed in the
Chapter 11 cases of Wahluke Produce Inc. and Columbia
Manufacturing
Inc., both affiliates of Tatoes LLC.


TEXAS PELLETS: Taps Searcy & Searcy as Co-counsel
-------------------------------------------------
Texas Pellets, Inc. and German Pellets Texas, LLC seek
authorization from the U.S. Bankruptcy Court for the Eastern
District of Texas to employ Searcy & Searcy, P.C. as
local/conflicts co-counsel.

The Debtors desire to employ the law firm of Searcy & Searcy to
represent them as local/conflicts co-counsel with Locke Lord, LLP
in the bankruptcy proceedings.

Searcy & Searcy will be paid at these hourly rates:

       Jason R. Searcy      $400
       Joshua P. Searcy     $275
       Callan C. Searcy     $200
       Paraprofessionals    $100

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

Jason Searcy 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.

Searcy & Searcy can be reached at:

       Jason R. Searcy, Esq.
       Joshua P. Searcy, Esq.
       Callan Clark Searcy, Esq.
       SEARCY & SEARCY, P.C.
       P.O. Box 3929
       Longview, TX 75606
       Tel: (903) 757-3399
       Fax: (903) 757-9559
       E-Mail: jsearcy@jrsearcylaw.com
               joshsearcy@jrsearcylaw.com
               ccsearcy@jrsearcylaw.com

Texas Pellets, Inc., based in Woodville, Texas, filed a Chapter 11
petition (Bankr. E.D. Tex. Case No. 16-90126) on April 30, 2016,
listing $100 million to $500 million in both assets and
liabilities.  The petition was signed by Anna Katherin Leibold,
president and chief executive officer.

German Pellets Texas, LLC, also based in Woodville, Texas, filed a
Chapter 11 petition (Bankr. E.D. Tex. Case No. 16-90127) on April
30, 2016, listing $10 million to $50 million in both assets and
liabilities.  The petition was signed by Peter H. Leibold, its
chief executive officer.

The cases have been jointly administered under Texas Pellets' case.
Judge Bill Parker presides over the cases.  William Steven Bryant,
Esq., at LOCKE LORD LLP, serves as counsel to the Debtors.


ULTRA PETROLEUM: Egan-Jones Cuts Debt Ratings to D
--------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured ratings
and commercial paper rating on debt issued by Ultra Petroleum Corp.
to D on May 3, 2016.

Ultra Petroleum Corp. is an independent exploration and production
company focused on developing its long-life natural gas reserves in
the Green River Basin of Wyoming - the Pinedale and Jonah Fields
and is in the early exploration and development stages in the
Appalachian Basin of Pennsylvania.


USG CORP: Egan-Jones Hikes Sr. Unsecured Rating to BB-
------------------------------------------------------
Egan-Jones Ratings Agency raised the senior unsecured ratings of
debt issued by USG Corp. to BB- from B+ on May 2, 2016.

USG Corporation, through its subsidiaries, manufactures and
distributes building materials. USG's two core businesses include
North American Gypsum and Worldwide Ceilings.


VALEANT PHARMACEUTICALS: Joseph Papa Assumes Chairman & CEO Roles
-----------------------------------------------------------------
Valeant Pharmaceuticals International, Inc., announced that Joseph
C. Papa has assumed the role of chairman and chief executive
officer.  As previously announced, Joseph C. Papa succeeds J.
Michael Pearson.

"I am thrilled to begin working closely with the talented employees
across Valeant as we begin an important new chapter," said Mr.
Papa.  "We have a lot of work to do, but I am confident we will
succeed in better serving our customers and realizing the
exceptional potential of the Company."

Mr. Papa, 60, has more than 35 years of experience in the
pharmaceutical, healthcare and specialty pharmaceutical industries,
including 20 years of branded prescription drug experience.  Mr.
Papa joins Valeant from Perrigo Company plc, where he served as CEO
since 2006 and was appointed as Chairman of the Board of Directors
in 2007.

                            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 reported 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.

                             *    *     *

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.


WARNER MUSIC: Posts $11 Million Net Income for Second Quarter
-------------------------------------------------------------
Warner Music Group Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
attributable to the Company of $11 million on $745 million of
revenue for the three months ended March 31, 2016, compared to net
income attributable to the Company of $18 million on $677 million
of revenue for the same period in 2015.

For the six months ended March 31, 2016, Warner Music reported net
income attributable to the Company of $38 million on $1.59 billion
of revenue compared to a net loss attributable to the Company of
$24 million on $1.50 billion of revenue for the six months ended
March 31, 2015.

As of March 31, 2016, Warner Music had $5.48 billion in total
assets, $5.25 billion in total liabilities and $234 million in
total equity.

At March 31, 2016, the Company had $2.912 billion of debt, $316
million of cash and equivalents (net debt of $2.596 billion,
defined as total long-term debt, including the current portion,
less cash and equivalents) and $221 million of Warner Music Group
Corp. equity.  This compares to $2.994 billion of debt, $246
million of cash and equivalents (net debt of $2.748 billion) and
$221 million of Warner Music Group Corp. equity at Sept. 30, 2015.

"These impressive results were driven by outstanding music from our
artists and songwriters, the expansion in our global footprint, our
leadership in the industry's digital transformation and excellent
execution globally," said Stephen Cooper, Warner Music Group's CEO.
"We are now the first major music company to report that streaming
is the largest source of revenue in our recorded music business,
surpassing our revenue from physical formats.  And this new
milestone comes only four quarters after our streaming revenue
first topped our download revenue."

"I am very happy with our growth trends," added Eric Levin, Warner
Music Group's executive vice president and CFO.  "Strong revenue
and cash flow have enabled us to pay down $75 million in debt so
far this year."

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

                     https://is.gd/89Ozvt

                   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 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.


WELCH MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Welch Management Corporation
           dba Fantastic Sam's
        9360 Santa Anita Ave., Ste. #102
        Rancho Cucamonga, CA 91730

Case No.: 16-14140

Chapter 11 Petition Date: May 9, 2016

Court: United States Bankruptcy Court
       Central District of California (Riverside)

Judge: Hon. Mark D. Houle

Debtor's Counsel: Stephen R Wade, Esq.
                  THE LAW OFFICES OF STEPHEN R WADE
                  350 W Fourth St
                  Claremont, CA 91711
                  Tel: 909-985-6500
                  Fax: 909-399-9900
                  E-mail: srw@srwadelaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by John Terrence Eubanks, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb16-14140.pdf


YORK RISK: S&P Lowers CCR to 'B-', Outlook Stable
-------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on Parsippany, N.J.-based York Risk Services Group Inc. (York) to
'B-' from 'B'.  The outlook is stable.

S&P also lowered its ratings on York's $100 million revolver and
$615 million term loan by one notch to 'B-'.  The recovery ratings
on these issues remain '3', indicating that lenders could expect a
meaningful (50%-70%) recovery (in the lower half of the range) in
the event of payment default.  In addition, S&P lowered its rating
on York's $315 million senior unsecured notes to 'CCC' from 'CCC+'.
The recovery rating on this issue remains '6', indicating that
lenders could expect negligible (0%-10%) recovery in the event of
payment default.

"The downgrade is based on the continued decline in York's
operating performance relative to our expectations, resulting in
significantly weakened credit-protection measures," said S&P Global
Ratings credit analyst Caitlin Weir.  Specifically, leverage
deteriorated to 11x as of year-end 2015 from 8x as of year-end
2014.  This deterioration occurred despite fairly steady debt
levels due to earning compression, with S&P's adjusted EBITDA
showing more than a 20% decline over the one-year period.  The
earnings compression has largely stemmed from weakened organic
revenue growth.  In particular, the loss of the State of Louisiana
Office of Risk Management contract at the end of July 2015 was a
significant blow to year-end 2015 earnings.  S&P believes the
headwinds associated with contract losses in 2015 will continue
through 2016 as the company works to remove costs and bring on new
clients.  York's Chief Financial Officer left the company in April
2016 and the search for a replacement for this position is
currently underway.

The stable outlook reflects S&P's view that York will continue to
focus on improving revenue growth and creating operational
efficiencies throughout the business.  S&P expects leverage and
coverage metrics to remain weak and do not expect a change in
financial policy.  S&P expects adjusted debt/EBITDA to remain above
8.0x and EBITDA interest coverage below 2.0x through 2016.

S&P would consider a downgrade in the next 12 months if the
company's business deteriorates further such that the capital
structure becomes unsustainable.  The downgrade scenario could
include significant key business losses, higher-than-expected
operating costs, or acquisition/integration issues.  In addition, a
downgrade could be triggered if debt/EBITDA deteriorates further
and EBITDA interest coverage falls below 1.5x, or if the company's
liquidity becomes constrained such that liquidity sources fail to
cover at least 1.2x of required liquidity uses.

Although S&P believes this is unlikely in the next 12 months, any
upside would depend on a less-aggressive financial policy as
reflected by a stronger commitment to deleveraging.  Key financial
targets include lower sustainable leverage (below 7x) and stronger
EBITDA coverage (meaningfully above 2x).


[*] Coal Industry Struggles with Structural Decline, Moody's Says
-----------------------------------------------------------------
As persistent weakness in market and regulatory conditions
continues, the outlook for the North American coal sector will
remain negative in the coming year, according to Moody's Investors
Service.  In a new report, Moody's says it expects the coal
industry's combined EBITDA to decline by over 10% in the next 10 to
12 months.

The downward shift has been driven by competition from low-priced
natural gas, regulatory-driven coal plant retirements, and -- in
the seaborne markets -- by slowing steel production rates and
global steel overcapacity.

"The North American coal industry has undergone a severe long-term
structural shift," says Moody's Vice President Anna
Zubets-Anderson.  "Our view is that material recovery for US
thermal or seaborne metallurgical coal is unlikely over the next
several years."

On Jan. 21, 2016, Moody's placed 55 companies in the base metal,
precious metal, iron ore and coal industries rated between A1 and
B3 under review for downgrade based on the belief that a severe
decline in the mining industry represents a fundamental shift in
the operating environment, rather than a cyclical downturn.

"Most of the major US coal producers have filed for Chapter 11
bankruptcy protection over the last two years and the remaining
companies are mostly differentiated by niche markets, good
contracted positions, or a different business model," said
Zubets-Anderson.  "Still, even those ratings remain low reflecting
the overall industry headwinds."

The post-restructuring scenario envisions a smaller industry
footprint but better capitalized companies to manage through the
continuing industry challenges.


                            *********

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
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The TCR subscription rate is $975 for 6 months delivered via
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                   *** End of Transmission ***