TCR_Public/160525.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 25, 2016, Vol. 20, No. 146

                            Headlines

1712 CARNEGIE: Taps T M Pankopf as Bankruptcy Counsel
900 ORIOLE: Cal. App. Remands Punitive Damages Issue in "Modarres"
ABEINSA HOLDING: Panel Hires Morris Nichols as Co-Counsel
ACE RIVERSIDE: Court Rules on CC1717 Bids for Attorneys' Fees
ACTRONIX INC: Wants Exclusive Plan Filing Extended by 120 Days

AEROPOSTALE INC: Has Court OK to Proceed with Store Closing Sales
AEROPOSTALE INC: Seeks Lease Decision Deadline Moved to Nov. 30
ALAN FRIEDBERG: Court Quashes Subpoeana Issued to Jackson
ALBERT JACOBS: Court Junks Bid to Dismiss Diana Parker's Appeal
ALBERTSONS COS: S&P Affirms 'B+' CCR, Outlook Positive

ALROSE ALLEGRIA: Ch.11 Trustee Hires Leonard Harris as Accountant
AMERICAN CAPITAL: S&P Puts 'BB' ICR on CreditWatch Positive
ARCHDIOCESE OF ST. PAUL: Abuse Victims Claim Church Shielded Assets
ARGENTO LLC: Hires DLA Piper to Prosecute Appeal
ARMADA WATER: Case Summary & 20 Largest Unsecured Creditors

ASHBURY HILLSIDE: Trustee Taps Hirschler Fleischer as Counsel
ASPECT SOFTWARE: Judge Approves Bankruptcy Exit Plan
ATLANTIC CITY, NJ: Gets $60-Mil. Aid Package from Legislators
ATLAS ENERGY: Moody's Lowers CFR to Ca, Outlook Remains Neg.
B & B REAL ESTATE: Case Summary & 2 Unsecured Creditors

BBB LLC: Proposes to Sell Parcel G-1 to YYD for $850,000
BELLISIO FOODS: Moody's Affirms B3 CFR & Changes Outlook to Stable
BH SUTTON: Seeks to Set July 25, 2016 as General Bar Date
BHAKTA LLC: Case Summary & 16 Unsecured Creditors
BIND THERAPEUTICS: Chapter 11 Cases Jointly Administered

BIND THERAPEUTICS: Wants Until June 15 to File Schedules
BIOLIFE SOLUTIONS: Appoints Jim Mathers Vice President of Sales
BLACKROCK INTERNATIONAL: U.S. Trustee Unable to Appoint Committee
BON-TON STORES: Reports First Quarter Fiscal 2016 Results
BOWERS INVESTMENT: Hires Frank Cahill as Counsel

BUFFETS LLC: Selling SC Property to TVE for $620,000
BUILDERS FIRSTSOURCE: Warburg Pincus Reports 12% Equity Stake
BX ACQUISITIONS: Sale of Personal Property Approved
CAESARS ENTERTAINMENT: Bank Debt Trades at 5% Off
CALMARE THERAPEUTICS: Incurs $878,000 Net Loss in First Quarter

CENTURY AUTO BODY: Hiring Alan Smith Firm and Johnson & Gubler
CHAPARRAL ENERGY: Taps Latham & Watkins as Bankruptcy Co-Counsel
CHARLES DONALD LEONARD: Leigh Murphy Wins Summary Judgment Bid
CHC GROUP: Taps Debevoise & Plimpton as Special Counsel
CONGO CORPORATION: Case Summary & 2 Unsecured Creditors

CORPORATE RESOURCE: Court Extends Removal Period to July 15
CUNNINGHAM LINDSEY: Moody's Puts B3 CFR on Review for Downgrade
DARDEN-GREEN: Hires Reynolds Legal Solutions as Counsel
DARIUS ENTERPRISES: Has $950,000 Offer for 9623 Canoga Property
DIAMOND XPRESS: U.S. Trustee Unable to Appoint Committee

DIOCESE OF DULUTH: Abuse Claims Mount Ahead of Deadline
ENCLAVE AT HILLSBORO: Solicitation Period Extended to June 20
ENERGY FUTURE: 3rd Circuit Affirms Settlement Approval
ENERGY XXI: Hires Andrews Kurth as Counsel to Gulf Coast Board
ENERGY XXI: Hires Kirkland as Corporate & Compensation Counsel

EPICOR SOFTWARE: Bank Debt Trades at 4% Off
EXTREME PLASTICS: Stipulates to Lift Automatic Stay
FANTASEA ENTERPRISES: Selling Royal Princess to WNB for $900K
FAST LANE SUPERSTORE: Case Summary & 7 Unsecured Creditors
FEDERAL-MOGUL CORP: Bank Debt Trades at 4% Off

FINJAN HOLDINGS: Confirms Patentability of Two US Patents
FIREBIRD ENTERPRISES: Hires Dennis & Co. as Accountants
FLORIDA MODIFICATION: Case Summary & 20 Top Unsecured Creditors
FOG CAP RETAIL: Hires SRS Real Estate Partners as Marketing Agent
FOREST PARK FORTH WORTH: PCO Submits Second Interim Report

FOREST PARK FORTH WORTH: PCO Submits Second Interim Report
FOREST PARK, FORT WORTH: Methodist Health Offers to Buy Assets
FOREST PARK: Hires Brusniak as Tax Consultant
FPUSA LLC: Court Stays M-I's Infringement Suit
FRED FULLER OIL: Employs Tamposi as Counsel

FRED FULLER OIL: Tamposi Employment Opposed by CRO
FRED FULLER OIL: U.S. Trustee Opposes Tamposi Hiring
GARLOCK SEALING: Seeks to Move Forward with New Ch. 11 Plan
GATES GROUP: Bank Debt Trades at 4% Off
GLENCORP INC: Hires Wernette Heilman as Counsel

GREAT BASIN: Release of $1M from Restricted Accounts Approved
GREENSHIFT CORP: Incurs $1.44 Million Net Loss in First Quarter
GSC GROUP: NY Court Dismisses Suit vs. Secured Creditors
HALCON RESOURCES: S&P Lowers CCR to 'D' on Ch. 11 Filing
HARRINGTON & KING: U.S. Trustee Forms 3-Member Committee

HAWK OIL FIELD: Seeks to Hire Campero & Associates as Attorney
HFIG FREEHOLD: Hires LeClaiRyan as Attorneys
HFIG OLD BRIDGE: Hires LeClairRyan as Attorneys
HMF GOLF: U.S. Trustee Unable to Appoint Committee
HOLLYWOOD HILLS: Hires JNR's Hielsen as Collection Agent

HOMETOWN BUFFET: N.D. Cal. Has No Jurisdiction to Stay "Bocardo"
IGLESIA MISION: Hires Reinaldo Javier Ponce Ramos as Appraiser
IHEARTMEDIA INC: Wins Legal Fight Against Lenders
INSTITUTE OF CARDIOVASCULAR: Hires Jameson Vicars as Accountant
ISIGN SOLUTIONS: Closes Public Offering of $1.2M Common Shares

J. CREW: Bank Debt Trades at 27% Off
JOHN JEFFERSON VITALICH: Court OKs Bid to Dismiss Suit vs. Lenders
KALOBIOS PHARMACEUTICALS: Hires Horne LLLP as Accountant
KE KAILANI: Hawaiian Court Affirms Order Confirming Sale
KENNETH DRINKARD: Wife Asks Court to Junk Case or Appoint Trustee

L & W RESEARCH: Leek Wants Counsel to Provide Additional Services
LAUREATE EDUCATION: S&P Lowers CCR to 'B-' on Refinancing Risk
LAVERNE TOEDTLI: Murphy to Auction Debtors' Vehicles
LEN-TRAN: Hires Stichter Riedel as Counsel
LEVEL ACRES: Hires Dibble & Miller as Counsel

LIFEPOINT HEALTH: Moody's Assigns Ba2 Rating on New $1.3BB Loans
LINN ENERGY: LinnCo Extends Exchange Offer for Energy Units
LINN ENERGY: U.S. Trustee Forms 5-Member Committee
LIVE WELL: Patient Care Ombudsman to be Appointed
LUCKY SOIL: Taps Prime Realty as Property Manager

M SPACE HOLDINGS: Taps Holland & Hart as Legal Counsel
MAJESTIC AIR: Case Summary & 4 Unsecured Creditors
MBIA INC: Moody's Affirms Ba1 Senior Debt Rating, Outlook Negative
MCGAHAN FAMILY LP: Judge Denies Motion to Sell Property
MEDICAL INVESTORS: Hires RealCorp to Sell Putnam, W.Va. Property

MID-SOUTH AUTO AUCTION: Taps Edmiston as Legal Counsel
MK FERGUSON: Bid to Dismiss Suit Over Pass-Through Claim Denied
MONSERRATE HERNANDEZ: Plans July 28 Auction for 38 Chicago Lots
MORTGAGE LENDERS: Court Junks DePalma's WPL Claim
NATIVE ENVIRONMENTAL: Hires Price Kong as Accountant

NEIMAN MARCUS: Bank Debt Trades at 9% Off
NELSON SERVICE: Hires Bedford as Counsel in BP Oil Spill Case
NELSON SERVICE: Taps Beasley Allen for BP Oil Spill Litigation
NIGHTINGALE HOME: Patient Care Ombudsman Issues First Report
NORTEL NETWORKS: U.S. Debtors' Third-Party Complaint Dismissed

NORTHWEST SILK SCREEN: Seeks to Hire Morrissey as Counsel
NOVETTA SOLUTIONS: S&P Lowers Rating to 'B-', Outlook Stable
NOVINDA CORP: Hires GHP Horwath as Accountant
NVA HOLDINGS: Moody's Retains B3 CFR on Proposed Loan Add-Ons
OAKWELL DISTRIBUTION: Hires Smith Kane Holman as Counsel

PACIFIC SUNWEAR: Bar Date for Proofs of Claim Set for June 13
PACIFIC SUNWEAR: Files Schedules of Assets and Liabilities
PALMDALE HILLS: Panel Hires Lobel Weiland as Counsel
PARADIGM EVERGREEN: Case Summary & 4 Unsecured Creditors
PEABODY ENERGY: Sec. 341 Meeting of Creditors Set on June 21

PERSEON CORPORATION: Case Summary & 20 Top Unsecured Creditors
PHILLIP GOODE: Selling 2 Properties to Amigos for $1.08 Million
PHOENIX BRANDS: Taps Rust Consulting as Claims Agent
PILGRIM MEDICAL: Seeks to Hire Campanella as Special Counsel
PREMIER TRANSFER: Case Summary & 20 Largest Unsecured Creditors

PRINCETON OFFICE: Disallowance of Plymouth's Claim Affirmed
QRS RECYCLING: Appoints UpShot Services as Claims & Noticing Agent
QRS RECYCLING: Hires Bingham Greenebaum as Bankruptcy Counsel
QRS RECYCLING: Wants to Utilize PrivateBank's Cash Collateral
QUANTUM CORP: Files Conflict Minerals Report with SEC

QUINN'S JUNCTION: Case Summary & 6 Unsecured Creditors
RDIO INC: Hires Winston & Strawn as Counsel in Suit v. Sony Music
REDPRAIRIE CORP: Bank Debt Trades at 5% Off
RESPONSE BIOMEDICAL: First Quarter 2016 Financial Results
RICOCHET ENERGY: Taps Martin & Drought as Legal Counsel

RIVER NORTH 414: Case Summary & 10 Unsecured Creditors
RIVERSIDE FINANCIAL: Taps Daniel DiBartolomeo as Bankr. Counsel
ROBERT SPENLINHAUER: Court Grants Bank's Bid to Dismiss Appeal
SABINE OIL: Nordheim, HPIP Covenants Don't Run w/ Land, Court Says
SALTY DOG: Taps Denis Abramowitz as Accountant

SBN FOG CAP II: Hires SRS Real Estate Partners as Marketing Agent
SOUTH COAST OIL: Trustee Selling Mineral Interests for $365K
SOUTHERN STATES COOPERATIVE: S&P Revises Outlook to Negative
SPANISH BROADCASTING: S&P Cuts CCR to CCC on Potential Note Default
SPINNERET ACQUISITIONS: Taps Aronson as Legal Counsel

SPORTS AUTHORITY: Liquidators Win Approval to Start GOB Sales
STATE DRIVE-IN: Taps Thomas Battaglia as Bankruptcy Counsel
STATION CASINOS: Bid to Dismiss "Sierra" Suit Affirmed
STEVE MURPHY: Selling 26 Walgreens LLCs for $15 Million
SUN PROPERTY: Case Summary & 16 Unsecured Creditors

SUNEDISON INC: Committee Taps Morrison & Foerster as Counsel
SUNEDISON INC: Committee Taps Weil Gotshal as Counsel
SUNEDISON INC: Taps Togut Segal as Conflicts Counsel
TANGO TRANSPORT: Hires BTS Inc. as Real Estate Brokers
TANGO TRANSPORT: Taps BKM Sowan Horan as Accountant

TAYLOR BEAN: Wolff's Bid to Dismiss Clawback Suit Denied
TENET HEALTHCARE: Moody's Lowers CFR to B2, Outlook Stable
TIBCO SOFTWARE: Bank Debt Trades at 10% Off
TIERRA DEL REY: Taps Finlayson Toffer as General Counsel
TRANSDIGM INC: Moody's Raises CFR to B1, Outlook Remains Stable

TRIAD GUARANTY: Taps Sovereign CPA Group as Tax Services Provider
TRONOX INC: Bank Debt Trades at 4% Off
TXU CORP: Bank Debt Trades at 69% Off
UNILIFE CORP: Receives NASDAQ Listing Non-Compliance Notice
USA SALES: Hires Daren M. Schlecter as General Bankruptcy Counsel

USA SALES: Taps BSW & Associates as Investment Banker
VALEANT PHARMACEUTICALS: Bank Debt Trades at 3% Off
VALENCE TECHNOLOGY: 5th Cir. Affirms Fee Awards to KPMG and Roth
VARIANT HOLDING: U.S. Trustee Objects to Amended Liquidating Plan
VCVH HOLDING: Moody's Assigns B3 CFR, Outlook Stable

VERSO CORP: Wants Exclusive Plan Filing Period Extended to Aug. 5
VISION SOLUTIONS: S&P Puts 'B-' CCR on CreditWatch Developing
VIVA INVESTMENTS: Wants Aug. 22 Exclusive Plan Filing Deadline
VIVARO CORP: Marcatel Loses Default Judgment Bid vs. Angel Americas
WATERFORD FUNDING: Show Cause Order Issued to Parties in "Miller"

WGC INC: U.S. Trustee Unable to Appoint Committee
WISPER II: U.S. Trustee Unable to Appoint Committee
YELLOW CAB COOP: Wants Exclusive Plan Filing Extended to Aug. 21
YORK RISK: Moody's Lowers CFR to Caa1, Outlook Stable

                            *********

1712 CARNEGIE: Taps T M Pankopf as Bankruptcy Counsel
-----------------------------------------------------
1712 Carnegie Way LLC asks for authorization from the Hon.
Christopher D. Jaime of the U.S. Bankruptcy Court for the Eastern
District of California to employ the Law Offices of T M Pankopf
PLLC and attorney, Tory M. Pankopf, Esq., as bankruptcy counsel.

A hearing on the request is set for June 7, 2016, at 2:30 pm.

The Firm will:

      a. render legal advice with respect to the powers and duties

         of the Debtor that continue to operate its business and
         manage its properties as debtor in possession;

      b. negotiate, prepare and file a plan or plans of
         reorganization and disclosure statements in connection
         with the plans, and otherwise promote the financial
         rehabilitation of the Debtor;

      c. take all necessary action to protect and preserve the
         Debtor's estate, including finding and seeking an order
         employing special counsel for the prosecution of actions
         on the Debtor's behalf, the defense of any actions
         commenced against Debtor's estate, negotiations
         concerning all litigation in which Debtor is or will
         become involved, and the evaluation and objection to
         claims filed against the estate;

      d. prepare, on behalf of the Debtor, all necessary
         applications, motions, answers, orders, reports and
         papers in connection with the administration of the
         Debtor's estate, and appear on behalf of the Debtor's at
         all court hearings in connection with Debtor's case;

      e. render legal advice and perform legal services in
         connection with the foregoing; and

      f. take other action and perform other services as Debtor
         may require of the Firm in connection with the Chapter 11

         case.

The Debtor has compensated Firm with an initial pre-petition fee of
$4,300.  The Debtor advanced the filing fee to the Firm for its
petition.  It is agreed that any and all time spent on the above
referenced matter by the Firm will be billed at counsel's hourly
rates:

         Tory M. Pankopf, Esq.          $400
         Court Appearances              $450
         Associate Counsel            $200-$350
         Law Clerks & Legal Assts.      $150

Tory M. Pankopf, Esq., a member of the Firm, assures the Court that
the Firm doesn't represent an interest adverse to the Debtor's
estate and that it is a disinterested person as that term is
defined in Section 101(14) of the Bankruptcy Code.

The Firm can be reached at:

      Tory M. Pankopf, Esq.
      LAW OFFICES OF T M PANKOPF PLLC
      9460 Double R Boulevard, Suite 104
      Reno, Nevada 89521
      Tel: (775) 384-6956
      E-mail: tory@pankopfuslaw.com

1712 Carnegie Way LLC filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Cal. Case No. 16-22634) on April 26, 2016.


900 ORIOLE: Cal. App. Remands Punitive Damages Issue in "Modarres"
------------------------------------------------------------------
The Court of Appeals of California, Fourth District, Division
Three, affirmed the judgment of the trial court, modified it to
strike the award of punitive damages and, remanded for a new
default prove-up hearing only on the issue of the amount of
punitive damages in the case is FARAH MODARRES, Plaintiff and
Respondent, v. JOHN DAVID THOMAS et al., Defendants and Appellants,
Nos. G048684, G050017.

The trial court did not abuse its discretion by imposing
terminating sanctions against Defendant John David Thomas for his
misuse of the discovery process. Plaintiff Modarres failed to
present admissible evidence of Thomas's then current financial
condition sufficient to make a well-informed decision whether the
amount of punitive damages awarded was unconstitutionally
excessive.

Defendants John David Thomas and 184 Diamond, LLC, appeal from a
default judgment entered after the trial court imposed terminating
sanctions against Thomas for misuse of the discovery process.
Following a default prove-up hearing, the court awarded plaintiff
Farah Modarres a total of $217,000 in compensatory damages against
defendants and $1 million in punitive damages against Thomas only.
Defendants argue the trial court abused its discretion by imposing
terminating sanctions against Thomas because a lesser sanction
would have been sufficient. They also challenge the punitive
damages award against Thomas on the grounds Modarres presented
insufficient evidence of Thomas's net worth at trial, the punitive
damages award was unconstitutionally excessive in amount, and the
award erroneously excluded 184 Diamond, LLC, which was otherwise
jointly and severally liable with Thomas for compensatory damages.

A full-text copy of the Opinion dated April 13, 2016 is available
at https://is.gd/CMhXj2 from Leagle.com.

SoCal Law Group, James D. Mortensen, Esq.; Law Offices of Andrew D.
Weiss and Andrew D. Weiss, Esq. for Defendants and Appellants.

Amezcua-Moll & Associates, Rosemary Amezcua-Moll, Esq.,  Sarah J.
Nowels, Esq. and Andrew J. Mase, Esq. for Plaintiff and Respondent.


ABEINSA HOLDING: Panel Hires Morris Nichols as Co-Counsel
---------------------------------------------------------
The Official Committee of Unsecured Creditors of Abeinsa Holding,
Inc., et al., seeks authorization from the U.S. Bankruptcy Court
for the District of Delaware to retain Morris, Nichols, Arsht &
Tunnell LLP as co-counsel for the Committee, nunc pro tunc to April
14, 2016.

The Committee requires Morris Nichols to:

     a. advise the Committee with respect to its rights, duties,
and powers in these cases;

     b. assist and advise the Committee in its consultations with
the Debtors relative to the administration of these cases;

     c. assist the Committee in analyzing the claims of the
Debtors' creditors in negotiating with such creditors;

     d. assist with the Committee's investigation of the acts,
conduct, assets, liabilities, and financial condition of the
Debtors and of the operation of the Debtors’ business;

     e. assist the Committee in its analysis of, and negotiations
with, the Debtors or their creditors concerning matters related to,
among other things, the terms of a plan or plans of reorganization
for the Debtors;

     f. assist and advise the Committee with regard to its
communications with the general creditor body regarding significant
matters in these cases;

     g. assist and counsel the Committee with regard to its
organization, the conduct of its business and meetings, the
dissemination of information to its constituency, and such other
matters as are reasonably deemed necessary to facilitate the
administrative activities of the Committee;

     h. attend the meeting of the Committee;

     i. represent the Committee at all hearings and other
proceedings;

     j. review and analyze all applications, orders, statements of
operations, and schedules filed with the Court and advise the
Committee as to their propriety;

     k. assist the Committee in preparing pleadings and
applications as may be necessary in furtherance of the
Committee’s interests and objectives;

     l. perform such other legals services as may be required and
are deemed to be in the interest of the Committee in accordance
with the Committee’s powers and duties as set forth in the
Bankruptcy Code;

     m. assist the Committee as conflicts counsel, should the need
arise; and

     n. perform all other services assigned by the Committee, in
consultation with Hogan Lovells, to Morris Nichols as co-counsel to
the Committee.

Morris Nichols will be paid at these hourly rates:

        Partners                     $575-$975
        Associates                   $330-$625
        Paraprofessionals            $275-$315
        Case Clerks                  $155

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

Robert J. Dehney, partner at Morris, Nichols, Arsht & Tunnell LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

The following is provided in response to the request for additional
information set forth in D1 of the U.S. Trustee's Appendix B
Guidelines:

     -- Morris Nichols did represent the Committee in the 12 months
prepetition

     -- Hogan Lovells and Morris Nichols are developing a budget
and staffing plan that will be presented for approval by the
Committee.


Morris Nichols can be reached at:

    Robert J. Dehney, Esq.
    Morris, Nichols, Arsht & Tunnell LLP
    1201 North Market Street, 16th Floor
    Wilmington, DE 19801
    Tel: +1 302 351 9353
    Fax: +1 302 425 4673
    E-mail: rdehney@mnat.com

             About Abeinsa Holding

Abeinsa Holding Inc., Abengoa Solar LLC, Abeinsa EPC LLC, Abencor
USA, LLC, Nicsa Industrial Supplies LLC, Abener Construction
Services LLC, Abeinsa Abener Teyma General Partnership, Abener
Teyma Mojave General Partnership, Abener Teyma Inabensa Mount
Signal Joint Venture, Teyma USA & Abener Engineering and
Construction Services General Partnership, Teyma Construction USA,
LLC, Abener North America Construction L.P., and Inabensa USA, LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed
Lead
Case No. 16-10790) on March 29, 2016.  The petitions were signed
by
Javier Ramirez as treasurer.  

DLA Piper LLP (US) represents the Debtors as counsel.  Prime Clerk
serves as the Debtors' claims and noticing agent.

             About Abengoa S.A.

Spanish energy giant Abengoa S.A. is an engineering and clean
technology company with operations in more than 50 countries
worldwide that provides innovative solutions for a diverse range
of
customers in the energy and environmental sectors.  Abengoa is one
of the world's top builders of power lines transporting energy
across Latin America and a top engineering and construction
business, making massive renewable-energy power plants worldwide.

As of the end of 2015, Abengoa, S.A. was the parent company of 687
other companies around the world, including 577 subsidiaries, 78
associates, 31 joint ventures, and 211 Spanish partnerships.
Additionally, the Abengoa Group held a number of other interests
of
less than 20% in other entities.

On Nov. 25, 2015 in Spain, Abengoa S.A. announced its intention to
seek protection under Article 5bis of Spanish insolvency law, a
pre-insolvency statute that permits a company to enter into
negotiations with certain creditors for restricting of its
financial affairs.  The Spanish company is facing a March 28,
2016,
deadline to agree on a viability plan or restructuring plan with
its banks and bondholders, without which it could be forced to
declare bankruptcy.

On March 16, 2016, Abengoa presented its Business Plan and
Financial Restructuring Plan in Madrid to all of its stakeholders.

            U.S. Bankruptcy

Abengoa, S.A., and 24 of its subsidiaries filed Chapter 15
petitions (Bankr. D. Del. Case Nos. 16-10754 to 16-10778) on March
28, 2016, to seek U.S. recognition of its restructuring
proceedings
in Spain.  Christopher Morris signed the petitions as foreign
representative.  DLA Piper LLP (US) represents the Debtors as
counsel.

Involuntary petitions were filed against the three affiliated
entities -- Abengoa Bioenergy of Nebraska, LLC, Abengoa Bioenergy
Company, LLC, and Abengoa Bioenergy Biomass of Kansas, LLC
–
under Chapter 7 of the Bankruptcy Code in the United States
Bankruptcy Court for the District of Nebraska and the United
States
Bankruptcy Court for the District of Kansas.  The bankruptcy cases
for affiliate Abengoa Bioenergy of Nebraska, LLC and Abengoa
Bioenergy Company, LLC were converted to cases under chapter 11 of
the Bankruptcy Code and transferred to the United States
Bankruptcy
Court for the Eastern District of Missouri.

On Feb. 24, 2016, Abengoa Bioenergy US Holding, LLC and 5 five
other U.S. units of Abengoa S.A., which collectively own, operate,
and/or service four ethanol plants in Ravenna, York, Colwich, and
Portales, each filed a voluntary petition for relief under Chapter
11 of the United States Bankruptcy Code in the United States
Bankruptcy Court for the Eastern District of Missouri.  The cases
are pending before the Honorable Kathy A.  Surratt-States and are
jointly administered under Case No. 16-41161.

Abeinsa Holding Inc., and 12 other affiliates, which are energy,
engineering and environmental companies and indirect subsidiaries
of Abengoa, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Proposed Lead Case No. 16-10790) on March 29, 2016.


ACE RIVERSIDE: Court Rules on CC1717 Bids for Attorneys' Fees
-------------------------------------------------------------
In the cases are In re ARCE RIVERSIDE, LLC, Chapter 11, Debtor. In
re KERA RIVERSIDE, LLC, Chapter 11, Debtor, Case Nos. 13-32456DM,
13-32457DM (Bankr. N.D. Cal.), Judge Dennis Montali of the United
States Bankruptcy Court for the Northern District of California
ruled on two motions for award of attorneys' fees under California
Civil Code Section 1717 ("CC 1717").

Following a complicated trial and extensive briefing of multiple
substantive and procedural issues, the bankruptcy court entered a
judgment in favor of debtors Arce Riverside, LLC and Kera
Riverside, LLC on their objection to the claim of Penn Equities,
LLC on January 11, 2016.  The judgment awarded the debtors, jointly
and severally, $1,208,929.92 (which included usurious interest in
the amount of $1,375,847 plus attorneys' fees in the amount of
$51,043.84 previously paid by the debtors to Penn's counsel, minus
an offset of $217,960.92 for post-maturity interest due to Penn).
The court reserved jurisdiction to hear and determine the
attorneys' fees and costs to be awarded to the debtors as the
prevailing parties pursuant to CC 1717.

On January 26, 2016, the debtors filed their CC 1717 motion for
recovery of costs and attorneys' fees, as amended on January 28
(the "Fee Motion").  The debtors sought to recover fees and costs
in the amount of $298,904.54 incurred by Rentschler/Tursi LLP,
their special litigation counsel; Wendel, Rosen, Black & Dean LLP,
their current general bankruptcy counsel; and Kornfield, Nyberg,
Bendes & Kuhner, P.C., their former general bankruptcy counsel in
objecting to the claim of Penn as well as prosecuting their usury
claim/defense against Penn.

In addition, on January 26, 2016, the firm that represented the
guarantors1 of certain loans by Penn to the debtors filed a
separate motion for attorneys' fees under CC 1717 ("Guarantor
Motion").  The guarantors sought fees and costs in the amount of
$99,390.60 incurred in defending two separate state court lawsuits
filed by Penn while the bankruptcy case was pending.  Previously,
the parties (the debtors, guarantors, and Penn) had stipulated to
dismissal of the state court actions on the condition that the
decisions of this court relating to the usury claim would be
binding.   The parties agreed to submit to the jurisdiction of the
bankruptcy court "to determine all such rights and claims."  They
also agreed that the relief available from the bankruptcy court to
the debtors and guarantors included "any attorneys' fee and costs
as a prevailing party, if awarded[.]"

After a hearing on the Fee Motion and the Guarantor Motion on
February 26, 2016, Judge Montali concluded that $282,386.54 of the
fees and costs sought in the Fee Motion are compensable under CC
1717, while $85,170.55 of the fees and costs sought in the
Guarantor Motion are compensable.

A full-text copy of Judge Montali's April 22, 2016 memorandum
decision is available at https://is.gd/G1bgwe from Leagle.com.

Arce Riverside, LLC is represented by:

          Elizabeth Berke-Dreyfuss, Esq.
          WENDEL, ROSEN, BLACK AND BEAN
          1111 Broadway, 24th Floor
          Oakland, CA 94607
          Tel: (510)834-6600
          Fax: (510)834-1928
          Email: edreyfuss@wendell.com

George Arce, Jr. is represented by:

          Reno F.R. Fernandez, Esq.
          MACDONALD FERNANDEZ LLP
          221 Sansome Street, Third Floor
          San Francisco, CA 94104
          Tel: (415)362-0449
          Fax: (415)394-5544
          Email: reno@macfern.com

Office of the U.S. Trustee / SF, U.S. Trustee is represented by:

          Lynette C. Kelly, Esq.
          Minnie Loo, Esq.
          U.S. OFFICE OF THE U.S. TRUSTEE
          1301 Clay Street, Suite 690N
          Oakland, CA 94612-5217
          Tel: (510)637-3200
          Fax: (510)637-3220


ACTRONIX INC: Wants Exclusive Plan Filing Extended by 120 Days
--------------------------------------------------------------
Actronix, Inc., asks the U.S. Bankruptcy Court for the Western
District of Arkansas to extend by an additional (i) 120 days the
exclusive time for the Debtor to file a plan of reorganization; and
(ii) 180 days the time for the Debtor to obtain confirmation of
that plan.

Hearings on objections, if any, will be on June 22, 2016, at 9:00
a.m.  If no objections are filed in the time and manner provided,
Debtor will send to Judge Barry for his consideration and signature
a proposed Order, extending the exclusive time to file a Plan of
Reorganization for an additional 120 days, without further notice.

The original 120-day period during which only the Debtors may file
a Plan was to expire on Feb. 10, 2016.  Pursuant to an Order of the
Court entered February 8, 2016, the Debtor's exclusivety period and
period for obtaining confirmation was extended 120 days.

Over the past several months, the Debtor has been using cash
collateral with the agreement of its secured creditor, California
Bank & Trust, and working on terms for the entry of an order
authorizing post-petition financing.  Filed simultaneously with the
exclusivity extension motion is the Debtor's motion for approval of
post-petition financing, granting of security interests and
superpriority administrative expense status, authorizing use of
cash collateral, modifying the automatic stay, granting adequate
protection to be entered nunc pro tunc, and the time for objecting
to that motion does not expire for 21 days.

Until the Court enters its order approving the motion for
debtor-in-possession financing and cash collateral, the Debtor is
unable to submit its Disclosure Statement and Plan.  The Debtor has
been operating the business, collecting receivables and
negotiating
with creditors, and timely filing Operating Reports.

Headquartered in Flippin, Arkansas, Actronix, Inc., filed for
Chapter 11 bankruptcy protection (Bankr. W.D. Ark. Case No.
15-72593) on Oct. 13, 2015, estimating its assets at up to $50,000
and its liabilities at between $1 million and $10 million.  The
petition was signed by Randy Steinberg, secretary.

Judge Ben T. Barry presides over the case.

Jill R. Jacoway, Esq., Jacoway Law Firm, Ltd., and Carter Ledyard &
Milburn LLP serve as the Debtor's bankruptcy counsel.


AEROPOSTALE INC: Has Court OK to Proceed with Store Closing Sales
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
authorizes Aeropostale, Inc., and debtor subsidiaries to proceed
with Store Closing Sales and take all actions reasonably related or
arising in connection such in accordance with the Interim Order and
the duly approved store closing sale procedures.

Among other things, the store closing sale procedures provide:

   1. On "shopping center" property, neither the Debtors nor the
Liquidation Consultant will distribute handbills, leaflets, or
other written materials to customers outside of any Closing Stores'
premises, and neither the Debtors nor the Liquidation Consultant
shall use any flashing lights or amplified sound to advertise the
Store Closing Sales or solicit customers.

   2. The Debtors and the Liquidation Consultant will have the
right to sell the furniture, fixtures, and equipment located at the
Stores, and may advertise the sale of the FF&E in a manner
consistent with these Store Closing Sale Guidelines.

   3. The Debtors and the Liquidation Consultant may advertise all
of the Store Closing Sales as "sale on everything," "everything
must go," or similarly themed sales, and may also advertise each
sale as a "store closing" and have a "countdown to closing" sign
prominently displayed in a manner consistent with the Store Closing
Procedures.

   4. Impacted landlords will have the ability to negotiate with
the Debtors, or at the Debtors' direction, the Liquidation
Consultant, any particular modifications to the Store Closing
Procedures. The Debtors and the landlord of any Store are
authorized to enter into agreements modifying the Store Closing
Procedures without further order of the Court, provided that such
agreements do not have a material adverse effect on the Debtors or
their estates.

   7. No property of any landlord will be removed or sold during
the Store Closing Sales, and the Debtors will keep store premises
and surrounding areas clear and orderly, consistent with past
practices.

   8. An unexpired nonresidential real property lease will not be
deemed rejected by reason of a Store Closing Sale or the adoption
of the Store Closing Procedures.

   9. The rights of landlords against the Debtors for any damages
to a Store shall be reserved in accordance with the provisions of
the applicable lease.

            Landlord Opposes the Store Closing Sale

Landlord Bellevue Square, LLC, complains that the Motion and the
Order purport to permit liquidation and other actions in violation
of the Debtor's lease and Washington law that will impact the
Landlord, adjacent stores in the Shopping Center, and the general
public.  The Landlord told the Court that unbeknownst to Bellevue
Square that by the time the Debtor commenced its bankruptcy
proceeding, the Debtor had already filed a motion to approve a
Going Out of Business Sale at the Bellevue Shopping Center in
Bellevue, Washington.

The Landlord said the Debtor's Going Out of Business Sale misleads
the public regarding the source of the goods or the nature of the
bargain received specifically because the Debtor has not disclosed
to the Landlord and the consumers a specific list of inventory
included in the sale, whether the Debtor intends to merely sell
existing inventory or to "augment" inventory for an indefinite
period.

Bellevue said it is willing to negotiate in good faith with the
Debtor or its agents to come to mutually agreeable terms that
fulfill the purposes behind the GOB while also complying with
Washington law and mitigating the damage that such sales cause to
adjoining and competing tenants in the Shopping Center.

Attorneys for Landlord Bellevue Square, LLC:

       David A. Nold, Esq.
       NOLD MUCHINSKY PLLC
       10500 NE 8th Street, Suite 930
       Bellevue, WA 98004
       Telephone: (425) 289-5555
       Email: dnold@noldmuchlaw.com

          About Aeropostale, Inc.

Aeropostale, Inc. is a specialty retailer of casual apparel and
accessories, principally serving young women and men through its
Aeropostale(R) and Aeropostale Factory(TM) stores and website and 4
to 12 year-olds through its P.S. from Aeropostale stores and
website.  The Company provides customers with a focused selection
of high quality fashion and fashion basic merchandise at compelling
values in an exciting and customer friendly store environment.
Aeropostale maintains control over its proprietary brands by
designing, sourcing, marketing and selling all of its own
merchandise.  As of May 1, 2016 the Company operated 739
Aeropostale(R) stores in 50 states and Puerto Rico, 41 Aeropostale
stores in Canada and 25 P.S. from Aeropostale(R) stores in 12
states.  In addition, pursuant to various licensing agreements, the
Company's licensees currently operate 322 Aeropostale(R) and P.S.
from Aeropostale(R) locations in the Middle East, Asia, Europe, and
Latin America.  Since November 2012, Aeropostale, Inc. has operated
GoJane.com, an online women's fashion footwear and apparel
retailer.

Aeropostale, Inc. and 10 of its affiliates each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11275) on May 4, 2016.  The petitions were signed
by Marc G. Schuback as senior vice president, general counsel and
secretary.

The Debtors listed total assets of $354.38 million and total debts
of $390.02 million as of Jan. 30, 2016.

The Debtors have hired Weil, Gotshal & Manges LLP as counsel; FTI
Consulting, Inc. as restructuring advisor; Stifel, Nicolaus &
Company, Inc. and Miller Buckfire & Company LLC as investment
bankers; RCS Real Estate Advisors as real estate advisors;  Prime
Clerk LLC as claims and noticing agent; Stikeman Elliot LLP as
Canadian counsel; and Togut, Segal & Segal LLP as conflicts
counsel.

Judge Sean H. Lane is assigned to the cases.


AEROPOSTALE INC: Seeks Lease Decision Deadline Moved to Nov. 30
---------------------------------------------------------------
Aeropostale, Inc. and its debtor-affiliates ask the U.S. Bankruptcy
Court for the Southern District of New York to extend the time for
them to assume or reject unexpired leases of nonresidential real
property up to November 30, 2016, without prejudice to the Debtors'
rights to obtain further extensions of such period in accordance
with section 365(d)(4)(B)(ii) of the Bankruptcy Code.

The leases are for the Debtors' stores and distribution centers.

The Debtors are pursuing an expedited, dual-path chapter 11 case in
which the Debtors have the option to pursue either a standalone
chapter 11 plan or a transaction to sell substantially all of its
assets. If the Debtors move forward with a standalone chapter 11
plan, they expect that a significant number of Leases will be
assumed upon the effective date of such plan. The Debtors and their
professionals are evaluating the optimal number of stores for the
standalone scenario and, therefore, are not yet ready to decide
which Leases should be assumed. Likewise, if the Debtors pursue a
sale transaction, the Leases will be among the primary assets
assigned to the purchaser. Inasmuch as their sale efforts are
continuing, the Debtors do not yet have a sense of which Leases a
purchaser would want assumed and assigned.

Until the Debtors determine which path to pursue, and determine
whether such path will be approved by the Court, the Debtors will
not know with certainty which of its Leases should be assumed or
rejected. The Debtors may not be able to consummate a plan or a
sale of substantially all of its assets prior to the expiration of
the Initial Period. Accordingly, the Debtors require an extension
of the Initial Period.

The Debtors are seeking an extension early in these chapter 11
cases because the Debtors and other parties in interest need
certainty regarding whether the Debtors will be granted an
extension of the Initial Period. Absent such certainty, the Debtors
will be forced either to: (i) race towards consummation of a plan
or sale prior to the expiration of the Initial Period; or (ii) if
the Debtors determine that consummating a plan or sale is not
feasible within the Initial Period, promptly liquidate their assets
and reject their Leases. Neither of these options is in the best
interests of the Debtors’ estates or their creditors.

Additionally, the milestones in the Debtors' DIP Facility require
the Debtors to file the Motion to Extend by May 16, 2016 -- which
they did -- and obtain the Extension by June 3, 2016. Absent the
granting of the Extension by June 3, 2016, the Debtors will default
on its DIP Financing.

                     About Aeropostale, Inc.

Aeropostale, Inc. is a specialty retailer of casual apparel and
accessories, principally serving young women and men through its
Aeropostale(R) and Aeropostale Factory(TM) stores and website and 4
to 12 year-olds through its P.S. from Aeropostale stores and
website.  

Aeropostale, Inc. and 10 of its affiliates each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11275) on May 4, 2016.  The petitions were signed
by Marc G. Schuback as senior vice president, general counsel and
secretary.

The Debtors listed total assets of $354.38 million and total debts
of $390.02 million as of Jan. 30, 2016.

The Debtors have hired Weil, Gotshal & Manges LLP as counsel; FTI
Consulting, Inc. as restructuring advisor; Stifel, Nicolaus &
Company, Inc. and Miller Buckfire & Company LLC as investment
bankers; RCS Real Estate Advisors as real estate advisors;  Prime
Clerk LLC as claims and noticing agent; Stikeman Elliot LLP as
Canadian counsel; and Togut, Segal & Segal LLP as conflicts
counsel.

Judge Sean H. Lane is assigned to the cases.

An official committee of unsecured creditors has been appointed in
the case.


ALAN FRIEDBERG: Court Quashes Subpoeana Issued to Jackson
---------------------------------------------------------
Judge Karen L. Litkovitz of the U.S. District Court for the
Southern District of Ohio, Western Division, granted Madison Realty
Investments, Inc.'s motion to quash the subpoena duces tecum issued
to opinion witness Raymond Jackson by the plaintiff Alan Glenn
Friedberg.

The case is ALAN GLENN FRIEDBERG, Plaintiff, v. MADISON REALTY
INVESTMENTS, INC., et al., Defendants, Case No. 1:16-mc-0003 (S.D.
Ohio).

The motion to quash a subpoena duces tecum was issued to non-party
Raymond Jackson, President of Jackson Advisory Group, LLC, pursuant
to Fed. R. Civ. P. 45(d) and Declaration of Michael A. Galasso in
support.  The subpoena was issued by Alan Glenn Friedberg, the
debtor-in-possession in a Chapter 11 proceeding pending in the
United States Bankruptcy Court for the District of New Jersey (Case
No. 15-15934) and the plaintiff in an adversary proceeding
initiated in connection with the lead case (Friedberg, et al. v.
Madison Realty Investments, Inc., et al., Case No. 15-01944).  The
subpoena was issued to Jackson in his capacity as an opinion
witness retained by the defendant to testify on alleged damages in
the adversary proceeding.  The subpoena is dated December 30, 2015,
and commanded Jackson to appear in Cincinnati, Ohio on January 15,
2016, to testify at an examination under Fed. R. Bankr. P. 2004 in
the bankruptcy case and to produce documents.  Madison Realty
Investments, Inc. filed its motion to quash the subpoena duces
tecum on February 19, 2016.  Friedberg did not file a response to
the motion.

A full-text copy of Judge Litkovitz's April 18, 2016 order is
available at https://is.gd/RQUXgU from Leagle.com.

Madison Realty Investments, Inc. is represented by:

          Michael Alan Galasso, Esq.
          The Macy's Building
          7 West 7th Street Suite 1400
          Cincinnati, OH 45202
          Tel: (513)721-3330
          Fax: (513)721-5001
          E-mail: mgalasso@rkpt.com


ALBERT JACOBS: Court Junks Bid to Dismiss Diana Parker's Appeal
---------------------------------------------------------------
Judge John J. Tuchi of the United States District Court for the
District of Arizona denied Debtors Albert L. Jacobs, et al.'s
Motion to Dismiss Appeal, granted the Rothschild Estate's Motion to
Expedite, and entered a Scheduling Order in the Appeal styled Diana
Parker, Appellant, v. Albert L. Jacobs, et al., Appellees, No.
CV-16-00602-PHX-JJT.

A full-text copy of the Order dated April 18, 2016 is available at
https://is.gd/4sk5xx from Leagle.com.

The bankruptcy case is IN THE MATTER OF: Albert L. Jacobs, et al.,
Debtors, BK No. 2:15-bk-15429-EPB., 2:15-bk-15431-EPB.

Diana Parker, Appellant, is represented by Craig Solomon Ganz, Esq.
-- ganzc@ballardspahr.com -- Ballard Spahr LLP & Michael Anthony
DiGiacomo, Esq. -- digiacomoa@ballardspahr.com -- Ballard Spahr
LLP.

Albert Jacobs LLP, Debtor, Appellee, is represented by Janel Marie
Glynn, Esq. -- janel.glynn@gknet.com -- Gallagher & Kennedy PA.

Albert Jacobs LLP, Appellee, is represented by John R Clemency,
Esq. -- john.clemency@gknet.com -- Gallagher & Kennedy PA & Lindsi
Michelle Weber, Esq. -- lindsi.weber@gknet.com -- Gallagher &
Kennedy PA.

Albert L Jacobs, Jr., Appellee, is represented by Janel Marie
Glynn, Gallagher & Kennedy PA, John R Clemency, Gallagher & Kennedy
PA & Lindsi Michelle Weber, Gallagher & Kennedy PA.


ALBERTSONS COS: S&P Affirms 'B+' CCR, Outlook Positive
------------------------------------------------------
S&P Global Ratings affirmed the 'B+' corporate credit rating on
Boise, Idaho-based Albertsons Cos. LLC (ACL).  The outlook is
positive.

S&P is assigning a 'BB' issue-level rating to the proposed B-6 term
loan (issued by Albertson's LLC, New Albertson's Inc., and Safeway
Inc.) with a '1' recovery rating, indicating S&P's expectation for
very high (90% to 100%) recovery in event of default.  S&P is also
assigning a 'B+' issue-level rating to the proposed senior
unsecured notes (issued by Albertsons Cos. LLC, Safeway Inc., New
Albertson's Inc., and Albertson's LLC) with a '4' recovery rating,
reflecting S&P's expectation for meaningful recovery in the event
of default at the higher end of 30% to 50% range.

S&P is affirming the 'BB' issue-level ratings and '1' recovery
ratings on the tranche B-4 and B-5 term loans, indicating S&P's
expectation for very high (90% to 100%) recovery in the event of
default.  Proceeds from this transaction will be used to refinance
both the B-2 and B-3 term loans.  The company will also draw
$350 million on its unrated $4 billion asset based revolver to fund
the transaction.

Rating changes on the company's existing notes are:

   -- S&P is lowering its issue-level ratings on the company's
      2016, 2017, and 2019 Safeway notes two notches to 'B-' from
      'B+', and revising the recovery rating to '6' from '3',
      reflecting S&P's expectation for negligible (0% to 10%)
      recovery in the event of default.  S&P is lowering its
      issue-level ratings on the 2020, 2021, 2027, and 2031
      Safeway notes one notch to 'B-' from 'B' with a revised
      recovery rating to '6' from '5', reflecting S&P's
      expectation for negligible (0% to 10%) recovery in the event

      of default.

   -- S&P is affirming its 'B-' senior unsecured issue-level
      rating and '6' recovery rating, reflecting S&P's expectation

      for negligible (0% to 10%) recovery in the event of default.


   -- S&P will withdraw its rating on the 2022 Safeway notes upon
      repayment.

"The corporate credit rating and outlook reflect our view that
ACL's refinancing transaction is leverage neutral," said S&P Global
Ratings credit analyst Diya Iyer.


ALROSE ALLEGRIA: Ch.11 Trustee Hires Leonard Harris as Accountant
-----------------------------------------------------------------
Kenneth Silverman, Esq., the Chapter 11 Trustee for Alrose Allegria
LLC, et al., ask the U.S. Bankruptcy Court for the Southern
District of New York for permission to employ Leonard Harris CPA as
his accountant.

The Chapter 11 Trustee requires Leonard Harris to:

     a. review the financial operations of the Debtor prior to the
Trustee's appointment;

     b. review the Debtor's books and records, and prepare monthly
operating reports for the Trustee;

     c. perform a forensic examination of the Debtor's books and
records;

     d. review possible fraudulent conveyances and/or preferential
actions

     e. prepare all estate tax returns, forms, and reports required
by the various taxing authorities

     f. review claims filed by creditors; and

     g. perform such other accounting services as the Trustee or
SilvermanAcampora, the Trustee's counsel, deem necessary.

The firm will be paid at these hourly rates:

      Leonard Harris                $350
      Senior Accountants            $185-$225
      Semi-seniors Accountants      $185-$225
      Junior Accountants            $135
      Paraprofessional              $95

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

Leonard Harris, owner Leonard Harris CPA, 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.

Leonard Harris may be reached at:

       Leonard Harris
       Leonard Harris CPA
       100 Merrick Road, Suite LL-1W,
       Rockville Centre, NY 11570
       Phone: 516-594-4616

                   About Alrose Allegria

Alrose Allegria LLC sought Chapter 11 protection (Bankr. S.D.N.Y.,
Case No. 15-11760) in Manhattan on July 2, 2015, estimating $10
million to $50 million in assets and $1 million to $10 million in
debt. Allen Rosenberg, managing member of Alrose Allegria and
president of the Alrose Group, signed the bankruptcy petition. The
Debtor tapped Richard J. Bernard, Esq., at Foley & Lardner LLP, in
New York, as counsel.

In July 2011, another unit of the Alrose Group, Alrose King David
LLC filed for Chapter 11 bankruptcy protection (Bankr. E.D.N.Y.,
Case No. 11-75361) in Brooklyn. Alrose King David LLC was a special
entity established by the Alrose Group to own the 143-room,
beachfront hotel property called the Allegria Hotel & Spa in Long
Beach, Long Island. Alrose King David won approval of its
reorganization plan in March 2012.




AMERICAN CAPITAL: S&P Puts 'BB' ICR on CreditWatch Positive
-----------------------------------------------------------
S&P Global Ratings said it placed its 'BB' issuer credit and senior
secured and senior unsecured debt ratings on American Capital Ltd.
(ACAS) on CreditWatch with positive implications.

The CreditWatch placement is based on Ares Capital Corp.'s (ARCC)
announcement that it will acquire ACAS for approximately
$3.43 billion (excluding American Capital Mortgage Management LLC).
ARCC will pay about $1.47 billion in cash and $1.68 billion in
stock.  In addition, Ares Capital Management LLC, which serves as
the investment adviser to ARCC, will provide $275 million of cash
to ACAS shareholders.  "The CreditWatch reflects our expectation
that ACAS will be merged into higher-rated ARCC upon the completion
of the transaction, which we expect to close in the second half of
2016," said S&P Global Ratings credit analyst Sebnem Caglayan.
"Also, we expect ACAS' outstanding debt to be repaid in conjunction
with the transaction."

S&P's ratings on ACAS reflect S&P's view of its higher business and
investment risk relative to banks and other business development
companies (BDCs), which its conservative balance sheet leverage,
stable funding, and diversification across business lines partially
offset.  Similar to other BDCs, ACAS' investments include unsecured
and leveraged commercial loans, subordinated and mezzanine debt,
and highly leveraged investments such as collateralized loan
obligations.  Although ACAS' nonaccrual loans have been declining,
nonaccrual loans at cost (excluding the European Capital portfolio)
were 7.9% as of March 31, 2016, compared with 5.8% as of Dec. 31,
2014, reflecting declining loans at cost--not an increase in
nonaccrual loans.  At the same time, ACAS' debt to adjusted total
equity declined to 0.2x as of
March 31, 2016, reflecting the wind-down of its senior
floating-rate loan portfolios.

The CreditWatch with positive implications reflects S&P's
expectation that ACAS will be merged into higher-rated ARCC upon
the completion of its announced agreement to be acquired by ARCC,
which S&P expects to close during the second half of 2016.  S&P
expects to raise its ratings on ACAS to the same level as those on
ARCC when the transaction closes and withdraw the ratings upon the
completion of the merger.  If the transaction unexpectedly is not
completed, S&P likely would affirm its current ratings on ACAS.


ARCHDIOCESE OF ST. PAUL: Abuse Victims Claim Church Shielded Assets
-------------------------------------------------------------------
Tom Corrigan, writing for Daily Bankruptcy Review, reported that
hundreds of clergy sexual abuse victims raised the stakes in their
clash with the Catholic Church on May 23, with victims' lawyers
claiming that the Archdiocese of St. Paul and Minneapolis has
worked for decades to keep some $1.7 billion in assets beyond their
reach.

According to the report, the Twin Cities archdiocese, home to more
than 180 parishes and 825,000 parishioners, has been in bankruptcy
for more than a year, facing liabilities stemming from about 450
people who say they were sexually abused by clergy members, often
decades ago.  A judge ordered victims, the archdiocese and its
insurance carriers to mediation more than a year ago, but talks
failed to produce a settlement, the report related.

Now victims are looking to force the archdiocese to dip into assets
-- like parishes and charitable foundations stocked with cash --
they say the archdiocese has shielded using a legal playbook more
often associated with large, for-profit corporations, the report
further related.

In court papers filed with the U.S. Bankruptcy Court in Minneapolis
on May 23, the victims, who are seeking compensation from the
archdiocese, said its overall net worth, including property that is
legally distinct but alleged to be controlled by the archdiocese,
is about $1.7 billion, the report said.  In bankruptcy court papers
filed last year, the archdiocese pegged its total assets at about
$45 million, the report noted.

              About the Archdiocese of Saint Paul
                         and Minneapolis

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

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

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

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

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

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

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


ARGENTO LLC: Hires DLA Piper to Prosecute Appeal
------------------------------------------------
Argento, LLC seeks permission from the U.S. Bankruptcy Court for
the District of Arizona to employ DLA Piper LLP as special counsel
for the Debtor in Possession.

The Debtor previously employed other attorneys to represent it in
the case, Bellas Artes de Mexico, Inc., et al vs. Argento, LLC.
Following a bench trial, on January 19, 2016, the Superior Court
entered a judgment against the Debtor.

On January 21, 2016, the Debtor and its principal Maria Papagno
timely file a Notice of Appeal from the entire judgment.

The Debtor requires DLA Piper to:

     a. represent the Debtor in the Appeal;  

     b. represent of the Debtor in settlement discussion in
        connection with the Appeal; and

     c. perform all other legal services necessary to prosecute
        the Appeal.

DLA Piper will be paid at these hourly rates:

     Laura Kam                    $440
     Mark Nadeau                  $621

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

Laura Kam of DLA Piper LLP (US), assured the Court that the firm
does not represent any interest adverse to the Debtors and their
estates.

DLA Piper can be reached at:

    Laura M. Kam, Esq.
    DLA Piper LLP
    2525 East Camelback Road, Suite 1000
    Phoenix, AZ 85016-4232
    Tel: +1 480 606 5118
    Fax: +1 480 606 5518
    E-mail: laura.kam@dlapiper.com

Argento, LLC sought protection under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the District of Arizona
(Phoenix) (Case No. 16-01736) on February 25, 2016. The petition
was signed by Maria Papagno, member.

The Debtor is represented by Blake D. Gunn, Esq., at the Law Office
of Blake D. Gunn. The case is assigned to Judge Madeleine C.
Wanslee.

The Debtor disclosed total assets of $3.5 million and total debts
of $3.13 million.


ARMADA WATER: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                         Case No.
      ------                                         --------
      Armada Water Assets, Inc.                      16-60056
         aka Armada Working Water
      P O Box 37416
      Houston, TX 77237

      Wes-Tex Vacuum Service, Inc.                  16-60055
      Summit Holdings, Inc.                          16-60057
      Barstow Production Water Solutions, LLC        16-60058
      Devonian Acquisition Corporation               16-60059
      Western Slope Acquisition Corporation          16-60060
      Summit Energy Services, Inc.                   16-60061
      ORL Equipment LLC                              16-60062
      Harley Dome 1, LLC                             16-60063

Type of Business: Provides treatment transportation disposal and
                  delivery of water and similar products for use
                  in the oilfield industry.

Chapter 11 Petition Date: May 23, 2016

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

Judge: Hon. David R Jones

Debtors' Counsel: Benjamin Warren Hugon, Esq.
                  MCKOOL SMITH PC
                  600 Travis St, Ste 7000
                  Houston, TX 77002
                  Tel: 713-485-7312
                  Email: bhugon@mckoolsmith.com
   
                    - and -

                  Veronica Faye Manning, Esq.
                  MCKOOL SMITH PC
                  600 Travis St, Ste 7000
                  Houston, TX 77002
                  Tel: 713-485-7319
                  Email: vmanning@mckoolsmith.com

                    - and -

                  Hugh Massey Ray, III, Esq.
                  MCKOOL SMITH PC
                  600 Travis, Suite 7000
                  Houston, TX 77002
                  Tel: 713-485-7300
                  Fax: 713-485-7344
                  Email: hmray@mckoolsmith.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Tom Breen, chief restructuring officer.

A. List of Armada Water Assets, Inc.'s 20 Largest Unsecured
Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Miller III, William F                  Notes          $1,560,583
2216 Sunset
Houston, TX 77005

Haralson, Jay                          Notes          $1,493,244
1220 La Mesa Lane
Fruita, CO 81521

Richardson, Ronald J                   Notes            $964,065
680 Independence
Valley Dr
Grand Junction, CO 81507

Huerta, Arnold                       Noteholder         $294,150
1104 Terlingua
Odessa, TX 79761

Hannahs, Gerald                      Noteholder         $268,444
17710 Leatha Lane
Little Rock, AR 72223

RMS Advisors, Inc.                   Noteholder         $155,883

Capital Growth                       Noteholder         $142,088
Investment Trust

SPH Investments, Inc.                  Notes            $131,500

Jeffery Schoenbaum                   Noteholder         $115,144
Revocable Trust

McCarter & English                   Legal Fees          $94,763

Texas State                             Tax              $94,000
Comptroller
Comptroller of
Public Accounts

Salib Holdings, LLC                  Noteholder          $84,356

NE Investors, LLC                    Noteholder          $84,108

O'Neal, Sean                         Noteholder          $83,028

IPFS Corporation                     Noteholder          $70,135

Schreiber, Robyn                     Noteholder          $57,572

NE Minerals, LLC                     Noteholder          $54,306

Lockton Companies, LLC               Financing           $50,770
                                      Agreement

Dynamic Alpha LLC                    Trade Debt          $43,840

Wiltain Investors, LLC               Noteholder          $38,014

B. List of Wes-Tex Vacuum's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Pac-Van, Inc.                        Trade Debt         $334,610
75 Remittance Drive
#3300 Chicago, IL
60675-3300

NGL Water Solutions Permian,         Trade Debt         $171,960
LLC

DF Ranch Partners, LP                Trade Debt         $111,534

Ally Financial                          Notes           $104,610

Nationwide Tank & Pipe, LLC          Trade Debt          $79,741

Ector County Appraisal District          Tax             $70,199

Seven-A Extreme Energy               Trade Debt          $58,810
Services, Inc.

Pyote Water Systems III, LLC         Trade Debt          $51,151

Gascard                              Trade Debt          $50,018

United Salt Corporation              Trade Debt          $46,915

Anaya Oilfield Services              Trade Debt          $35,553

Alsco                                Trade Debt          $33,165

Kubota Credit Corporation USA          Note              $25,747

Pakis, Giotes, Page                  Legal Fees          $17,901
& Burleson

B&R Trucking, Inc.                   Trade Debt          $17,028

WadeCo Specialities, Inc.            Trade Debt          $14,840

Trinity Environmentals               Trade Debt          $14,733
SWD, LLC

Owl SWD Operating LLC                Trade Debt          $14,521

O Ardon Leasing                      Trade Debt          $13,503
Management, LLC

Wasser Holt #2 SWD                   Trade Debt          $11,046


ASHBURY HILLSIDE: Trustee Taps Hirschler Fleischer as Counsel
-------------------------------------------------------------
The Chapter 11 trustee of Ashbury Hillside, LLC seeks approval from
the U.S. Bankruptcy Court for the Eastern District of Virginia to
hire Hirschler Fleischer PC as his counsel.

The services to be provided by the firm include:

     (a) advising the trustee with respect to his rights, powers,
         and duties;

     (b) assisting the trustee in connection with any legal issues

         concerning the development or sale of the Debtor's real
         property;

     (c) assisting the trustee in connection with the development
         and confirmation of a plan of reorganization and
         disclosure statement;

     (d) taking necessary action to protect and preserve the
         Debtor's estate, including the prosecution of actions on
         its behalf; and

     (e) pursuing avoidance actions and other claims of the estate

         against third parties.

Hirschler Fleischer has agreed that the maximum rate for the
services of its attorneys will not exceed $425 per hour during the
course of its engagement.

Stephen Leach, Esq., at Hirschler Fleischer, disclosed in a
declaration that his firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

Hirschler Fleischer can be reached through:

     Stephen E. Leach, Esq.
     Hirschler Fleischer
     8270 Greensboro Drive, Suite 700
     Tysons Corner, VA 22102
     Tel: (703) 584-8902
     Fax: (703) 584-8901
     Email: sleach@hf-law.com

                    About Ashbury Hillside

Three alleged creditors filed an involuntary Chapter 11 petition
for Ashbury Hillside, LLC in the U.S. Bankruptcy Court for the
Eastern District of Virginia (Alexandria) (Case No. 15-11801) on
May 26, 2015.

The petitioning creditors are Joseph Bane, Jr., Warren R. Stein PC
and PSD, LLC.  The creditors tapped as counsel David J. McClure,
Esq., at McClure & Bruggemann.


ASPECT SOFTWARE: Judge Approves Bankruptcy Exit Plan
----------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that call-center and workforce-communications company Aspect
Software Inc. could emerge from chapter 11 bankruptcy as soon as
Wednesday after receiving a bankruptcy judge's approval on an exit
plan that wipes hundreds of millions of dollars in debt from its
balance sheet.

According to the report, Judge Mary Walrath of the U.S. Bankruptcy
Court in Wilmington, Del., signed off on May 24 on Aspect's
bankruptcy-exit plan, to which there were no objections during the
hearing.

Michael W. Yurkewicz, Esq., at Klehr Harrison Harvey Branzburg LLP,
in Wilmington, Delaware, said in a court filing that on May 24, the
Court held a hearing to consider the Second Amended Joint Chapter
11 Plan of Aspect Software Parent, Inc., et al.  He said at the
Hearing, the Debtors presented a revised proposed confirmation
order and the changes from the version previously filed with the
Court.  The Debtors also described on the record a resolution of a
cure issue with TFG Apollo Drive Property, LLC, and the proposed
changes to paragraph 45 of the proposed confirmation order, which
were not included in the version at the hearing.  The Court
indicated at the hearing that it would confirm the Plan and enter
the proposed confirmation order, subject to the inclusion of the
agreed language with TFG Landlord, Mr. Yurkewicz said.

                  About Aspect Software Parent

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: Gets $60-Mil. Aid Package from Legislators
-------------------------------------------------------------
Kate King, writing for Daily Bankruptcy Review, reported that New
Jersey lawmakers reached a deal on May 23 to bail out Atlantic
City, the once-bustling gambling mecca that has been teetering on
the edge of bankruptcy for months.

According to the report, under the proposed legislation, Atlantic
City officials would have 150 days to develop a five-year plan to
balance the seaside resort’s budget and restore fiscal stability
to a city that narrowly avoided defaulting on a $1.8 million debt
payment this month.  In exchange, state lawmakers promised Atlantic
City a cash infusion to keep it solvent through the end of the
year, the report related.

The bills don't specify how much money the state would send to
Atlantic City, but Assemblyman John McKeon, a Democrat and chairman
of the Assembly’s Judiciary Committee, said the city could expect
at least $60 million in grants and loans, the report related.  The
committee approved the plan on May 23, the report said.

It remained unclear Monday whether Gov. Chris Christie, a
Republican, would approve the legislation, the report noted.  

                   *     *     *

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.


ATLAS ENERGY: Moody's Lowers CFR to Ca, Outlook Remains Neg.
------------------------------------------------------------
Moody's Investors Service downgraded Atlas Energy Holdings
Operating Company, LLC Corporate Family Rating to Ca from Caa1, its
Probability of Default Rating to Ca-PD from Caa1-PD, and its senior
unsecured notes rating to C from Caa3.  At the same time, Moody's
affirmed Atlas's SGL-4 Speculative Grade Liquidity Rating. The
rating outlook remains negative.

"The downgrade reflects our expectation that Atlas is likely to
pursue a significant restructuring in the very near term, given its
thin liquidity, high interest burden, declining production rates
and unsustainable capital structure," commented John Thieroff,
Moody's Vice President.  "Atlas's ongoing borrowing base
redetermination and our expectation that the company is likely to
be materially overdrawn along with the need for additional covenant
relief further support our view that a near term restructuring is
likely."

Issuer: Atlas Energy Holdings Operating Company, LLC

Ratings downgraded:

  Corporate Family Rating, Downgraded to Ca from Caa1
  Probability of Default Rating, Downgraded to Ca-PD from Caa1-PD
  Senior Unsecured Notes, Downgraded to C (LGD5) from Caa3 (LGD5)

Ratings Affirmed:

  Speculative Grade Liquidity Rating, affirmed at SGL-4

Outlook Actions:

  Outlook Remains Negative

Issuer: Atlas Resource Escrow Corporation

Ratings downgraded:
  Senior Unsecured Notes, Downgraded to C (LGD5) from Caa3 (LGD5)

                         RATINGS RATIONALE

Atlas Energy Holdings Operating Company's Ca Corporate Family
Rating reflects its unsustainably high leverage, weak liquidity,
limited scale upstream operations, natural gas-weighted production
and reserves, and its MLP structure which historically has driven
high distributions and frequent acquisitions.  Although
distributions to common unitholders were suspended entirely in May
2016 after a series of previous cuts, the company's asset base and
MLP structure will require acquisitions for production replacement.
A very weak equity unit price, due in part to the lack of a
distribution, and high leverage will likely hinder Atlas's
near-term ability to make acquisitions, which will become
increasingly necessary to stem recent production declines that are
likely to continue into 2017.  Atlas's credit profile draws support
from a meaningful level of commodity price hedging through 2017,
Atlas's low decline mature wells, high proportion of proved
developed reserves (82% as of December 31, 2015), although these
benefits are greatly diminished in light of the company's current
financial distress.

The SGL-4 Speculative Grade Liquidity Rating reflects Moody's
expectation of weak liquidity through mid-2017.  Although Atlas had
$28 million of availability under its secured revolving credit
facility and $19 million of cash on its balance sheet at March 31,
2016, we expect the company's ongoing borrowing base
redetermination to result in a material overadvance due to the
continuing commodity price malaise.  Atlas has a significant source
of alternate liquidity in its commodity price hedges, which had a
market value of about $280 million at May 16, 2016; however,
liquidating hedges would expose more of the company's production to
much lower commodity prices and could further pressure its
borrowing base.  The credit facility was amended on May 10, 2016,
providing Atlas a waiver of first quarter 2016 financial covenant
compliance on the current ratio requirement of 1.0x and first lien
debt/EBITDA coverage of 2.75x.  The waiver did not extend beyond
the quarter ended March 31, 2016; we project Atlas will be unable
to comply with financial covenants in any of the remaining quarters
of 2016.  Atlas's revolving credit facility matures in July 2018.

The negative outlook reflects the steep near-term liquidity
challenges Atlas faces and the likelihood that the company will
need to undertake a restructuring of its balance sheet on
distressed terms.  Ratings could be downgraded if the company files
for bankruptcy.  Although unlikely, ratings could be upgraded if
liquidity stabilizes and the risk of restructuring abates.

Atlas Energy Holdings Operating Company, LLC is a wholly-owned
subsidiary of Atlas Resource Partners, L.P. (ARP).  ARP is a
publicly traded exploration and production (E&P) master limited
partnership (MLP) headquartered in Pittsburgh, Pennsylvania.  Atlas
Energy, L.P. owns and controls ARP's general partner (Atlas
Resource Partners GP, LLC), its incentive distribution rights and
has a 25% limited partner interest and a 2% general partner
interest in ARP.

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


B & B REAL ESTATE: Case Summary & 2 Unsecured Creditors
-------------------------------------------------------
Debtor: B & B Real Estate General Partnership
        117 Rose Street
        PO Box 295
        Scotrun, PA 18355

Case No.: 16-02183

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 23, 2016

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Wilkes-Barre)

Judge: Hon. Robert N Opel II

Debtor's Counsel: Philip W. Stock, Esq.
                  LAW OFFICE OF PHILIP W. STOCK
                  706 Monroe Street
                  Stroudsburg, PA 18360
                  Tel: 570 420-0500
                  Fax: 570 338-0920
                  E-mail: pwstock@ptd.net

Total Assets: $1.51 million

Total Liabilities: $2.01 million

The petition was signed by Robert C. Bishop, general partner.

A list of the Debtor's two largest unsecured creditors is available
for free at http://bankrupt.com/misc/pamb16-02183.pdf


BBB LLC: Proposes to Sell Parcel G-1 to YYD for $850,000
--------------------------------------------------------
BBC, LLC, asks the US Bankruptcy Court for the Eastern District of
Virginia, Norfolk Division, to authorize the sale of the real
property ("Parcel G-1") it owns located at 1301 Yacht Drive,
Chesapeake, Virginia 23320 for the purchase price of $850,000 to
Yacht Drive Development, LLC ("YYD") pursuant to 11 U.S.C. Sec.
363(b).

According to an appraisal dated Dec. 10, 2014, the value of Parcel
G-1 is $920,000.

In light of the circumstances, the Debtor believes in its business
judgment that a prompt sale of the foregoing under the terms of the
Agreement of Purchase and Sale will maximize the value of the
corresponding assets for the benefit of the Estate and BBB's
creditors.  The Debtor also concludes that the Purchase Price
constitutes fair value and consideration for the property, rights
and interests conveyed thereby and represents the highest and best
offer for the same.

The Debtor further believes in its business judgment that a private
sale in accordance with the Sale Agreement avoids substantial
administrative expenses that would otherwise arise from the
approval and management of an auction process and from the costs in
advertising and soliciting bids thereon.

BBB, LLC, is represented by:

         Joseph T. Liberatore, VSB
         Joshua D. Stiff, VSB
         CROWLEY, LIBERATORE, RYAN & BROGAN, P.C.
         150 Boush Street, Suite 300
         Norfolk, VA 23510
         Telephone: (757) 333-4500
         Facsimile: (757) 333-4501

                            About YDD

Yacht Drive Development, LLC, is a limited liability company
organized under the laws of the Commonwealth of Virginia, which
operates as a small sub-divider and real estate developer located
in the Chesapeake, Virginia.  YDD's principal place of business is
1316 Yacht Drive, Chesapeake, Virginia 23320, which adjoins the
Debtor's properties.

                          About BBB, LLC

BBB, LLC, sought Chapter 11 protection (Bankr. E.D. Va. Case No.
15-71735) on May 19, 2015, in Norfolk, Virginia.  The case judge is
the Hon. Frank J. Santoro.  The Debtor estimated assets and debt of
$1 million to $10 million.

BBB is a limited liability company organized under the laws of the
Commonwealth of Virginia, which operates as a commercial property
owner and developer located in Chesapeake, Virginia.  BBB filed for
bankruptcy to prevent a foreclosure sale initiated by First
Community Bank against the real property located at 1447 Precon
Drive, Chesapeake, Virginia.

No trustee has been appointed in this case, and the Debtor is a
debtor in possession having the rights, powers and duties afforded
a trustee according to 11 U.S.C. Sec. 1101(1), 1107, and 1108.  No
committee of unsecured creditors has been appointed.


BELLISIO FOODS: Moody's Affirms B3 CFR & Changes Outlook to Stable
------------------------------------------------------------------
Moody's Investors Service changed Bellisio Foods, Inc.'s rating
outlook to stable from negative while affirming the company's
Corporate Family Rating and Probably of Default Rating at B3 and
Caa1-PD, respectively.  At the same time, Moody's affirmed the B3
(LGD3) ratings on the company's existing senior secured credit
facilities.  The stabilization of the outlook reflects Moody's view
that liquidity has improved since the negative outlook was assigned
in May 2015.

According to Moody's Analyst Brian Silver, "The company's liquidity
has improved.  Cash balances have grown and financial covenant
headroom has widened since 1Q15 when Bellisio needed a $6 million
equity cure to remain in compliance with its net leverage
covenant."  The company was granted an amendment in April 2015
that, among other things, allowed for the sale-leaseback of its
Jackson, Ohio manufacturing facility, which garnered $47 million of
proceeds that were used to repay debt.  The amendment also limits
total revolver borrowings to $20 million (on its $26 million
facility) until certain EBITDA targets are met, which weakens the
company's liquidity.  However, liquidity remains adequate, as
Moody's does not expect the company to draw on the revolver in the
near-term and anticipates that the EBITDA targets limiting
availability will be met in 2H16, returning revolver availability
back to $26 million.  Moody's expects cash balances to fluctuate
but remain above $5 million over the next 12 to 18 months, which
will limit revolver usage going forward.  In addition, net leverage
covenant headroom was nearly 10% at Jan. 3, 2016 and is expected to
continue to improve over the next 12 months.

These ratings have been affirmed:

  Corporate Family Rating (CFR) at B3;

  Probability of Default Rating (PDR) at Caa1-PD;

  $26.2 million senior secured revolving credit facility due 2018
   at B3 (LGD3);

  $117 million senior secured delayed draw term loan due 2019 at
   B3 (LGD3);

  $162 million senior secured term loan due 2019 at B3 (LGD3);

  $20.6 million CAD senior secured term loan due 2019 at B3
   (LGD3).

The outlook has been changed to stable from negative.

                        RATINGS RATIONALE

Bellisio's B3 Corporate Family Rating reflects the company's
relatively small size, limited segment diversification, potentially
volatile operating performance, thin operating margins, and
moderate leverage profile.  It also reflects the company's adequate
liquidity profile, highlighted by healthy cash balances at FYE15
and limited though improving covenant cushion. Moody's expects
profitability to continue to strengthen from early FY15 levels,
largely from manufacturing efficiency improvements, relatively low
commodity input costs, and a more favorable pricing environment.
The rating benefits from the company's well-established market
position in the value segment of the frozen dinner and entree
market and increasing presence in the premium segment.

Moody's believes Bellisio will remain in compliance with its
covenants over the next twelve months.  However, covenant
step-downs are relatively aggressive, hence the company's
performance must continue to strengthen in order for the company to
remain in compliance.

The stable outlook reflects Moody's expectation that the company
will achieve moderate profitability growth while maintaining an
adequate liquidity profile.

The ratings could be upgraded if operating margins are in the
mid-single digits and debt-to-EBITDA is sustained below 4.5 times.
In addition, Moody's would expect the company to generate positive
free cash flow on an annual basis and maintain at least an adequate
liquidity profile.  Alternatively, the ratings could be downgraded
if Bellisio's profitability materially weakens, resulting in a
debt-to-EBITDA ratio sustained above 6.5 times, or if the company's
liquidity profile deteriorates.

The principal methodology used in these ratings was Global Packaged
Goods published in June 2013.

Bellisio Foods, Inc. produces more than 400 frozen entrees and
snacks in the value segment under the Michelina's brand, including
Authentico, Traditional, Lean Gourmet and Zap'Ems Gourmet.  The
company also has a more limited though increasing presence in the
premium frozen entree arena with exclusive licenses to the Boston
Market and Chili's brands.  In addition, the company generates
roughly 20% of its revenues from producing co-packed and private
label frozen foods.  Centre Partners Management, LLC and affiliates
(Centre Partners) acquired Bellisio in December 2011. Revenues for
the twelve months ending Jan. 3, 2016, were $588 million.


BH SUTTON: Seeks to Set July 25, 2016 as General Bar Date
---------------------------------------------------------
BH Sutton Mezz LLC asks the Bankruptcy Court to establish July 25,
2016, as the general bar date by which all entities, including
governmental units, must file proofs of claim against the Debtors
in the Chapter 11 cases and approving the form and manner of
notice.

The Debtors propose to serve on all known entities holding
prepetition claims, including those entities appearing on the
Debtors' Schedules and the Debtors' creditor matrices: (a) the Bar
Date Notice; and (b) a blank Official Form 410.  The Bar Date
Notice states, among other things, that proofs of claim must be
filed with the Clerk of the Court for the U.S. Bankruptcy Court for
the Southern District of New York on or before the Bar Date, that
proofs of claim must be filed against the specific Debtors' estate
against whom the claim is asserted and that failure to properly
file a proof of claim in the appropriate Debtors' case could result
in the claim being disallowed.

Any holders of an interest in the Debtors, which interest is based
exclusively upon the ownership of common or preferred stock in a
corporation, a membership interest in a limited liability
partnership or warrants or rights to purchase, sell or subscribe to
such a security or interest need not file a proof of interest on or
before the Bar Date.

                   About BH Sutton Mezz LLC and
                     Sutton 58 Associates LLC

New York City-based BH Sutton Mezz LLC filed for Chapter 11
protection (Bankr. S.D.N.Y. Case No. 16-10455) on Feb. 26, 2016.
The petition was signed by Herman Carlinsky, president.  The Hon.
Sean H. Lane presides over the case.  Joseph S. Maniscalco, Esq.,
at Lamonica Herbst & Maniscalco, LLP, represents BH Sutton in its
restructuring effort.  The Debtor estimated assets at $100 million
to $500 million and debts at $10 million to $50 million.

Sutton 58 Owner LLC filed a separate Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 16-10834) on April 6, 2016.  Sutton Owner
estimated assets at $100 million to $500 million and debts at $100
million to $500 million.  Sutton Owner's business consists of the
ownership and operation of these real properties: (a) 428, 430 and
432 East 58th Street, New York, New York, 10022, including all air
rights and inclusionary air rights related thereto; and (b) the
cooperative apartments identified as 1R, 2D and 2N located at 504
Merrick Road, Lynbrook, New York 11583.  Sutton Owner seeks to
retain Joseph S. Maniscalco, Esq., and Jordan C. Pilevsky, Esq., at
Lamonica Herbst & Maniscalco, LLP as its counsel.

Both cases are jointly administered.


BHAKTA LLC: Case Summary & 16 Unsecured Creditors
-------------------------------------------------
Debtor: Bhakta, LLC
           dba Masters Inn Tampa Fairgrounds
        6626 E Dr Martin Luther King Jr Blvd
        Tampa, FL 33619-1118

Case No.: 16-04425

Chapter 11 Petition Date: May 23, 2016

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

Debtor's Counsel: Stanley J Galewski, Esq.
                  GALEWSKI LAW GROUP, P.A.
                  1112 E. Kennedy Blvd.
                  Tampa, FL 33602
                  Tel: 813-222-8210
                  Fax: 813-222-8211
                  E-mail: stan@galewski.com

Total Assets: $1.20 million

Total Liabilities: $2.62 million

The petition was signed by Umesh Bhakta, mgrm.

A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb16-04425.pdf


BIND THERAPEUTICS: Chapter 11 Cases Jointly Administered
--------------------------------------------------------
Chief U.S. Bankruptcy Judge Brendan L. Shannon has ordered the
joint administration of the Chapter 11 cases of BIND Therapeutics,
Inc., and BIND Biosciences Security Corporation for procedural
purposes only under Case No. 16-11084 (BLS).

                   About BIND Therapeutics

BIND Therapeutics is a biotechnology company developing novel
targeted therapeutics, primarily for the treatment of cancer.

BIND Therapeutics, Inc., aka BIND Biosciences, Inc., and BIND
Biosciences Security Corporation filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case Nos. 16-11084 and 16-11085) on May
1, 2016.

Peter M. Gilhuly, Esq., Kimberly A. Posin, Esq., and Adam E.
Malatesta, Esq., at Latham & Watkins LLP, and John Henry Knight,
Esq., and Amanda R. Steele, Esq., at Richards, Layton & Finger,
P.A., serve as Chapter 11 counsel.

The Debtors' financial advisor is Cowen and Company, LLC.  Prime
Clerk LLC serves as claims and noticing agent.  In its petition,
the Debtors estimated $10 million to $50 million in both assets and
liabilities.

The petitions were signed by Andrew Hircsh, president and chief
executive officer.


BIND THERAPEUTICS: Wants Until June 15 to File Schedules
--------------------------------------------------------
BIND Therapeutics, Inc., and its affiliates ask the Bankruptcy
Court to extend the deadline to file their Schedules and Statements
by 15 days, from May 31, 2016, through and including June 15,
2016.

The Debtors have hundreds of creditors and other parties in
interest.  Given the size and complexity of their businesses, the
Debtors do not believe that they will be in a position to
accurately complete their Schedules and Statements by May 31, 2016,
as required by Local Rule 1007-1(b).  Recognizing the importance of
the Schedules and Statements in these Chapter 11 Cases, the Debtors
intend to complete the Schedules and Statements as quickly as
possible.

The Debtors develop targeted therapeutics that are marketed and
sold throughout the United States and Russia, and intend on also
marketing and selling their products in the European Union and many
other jurisdictions.  Their global business operations require them
to maintain voluminous books and records and complex accounting
systems.  To prepare the Schedules and Statements, the Debtors and
their advisors must gather, review, and assemble information from
books, records, and documents related to operations in several
locations.  Consequently, collecting the information necessary to
complete the Schedules and Statements will require substantial time
and effort on the part of the Debtors' employees and
professionals.

                   About BIND Therapeutics

BIND Therapeutics is a biotechnology company developing novel
targeted therapeutics, primarily for the treatment of cancer.

BIND Therapeutics, Inc., aka BIND Biosciences, Inc., and BIND
Biosciences Security Corporation filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case Nos. 16-11084 and 16-11085) on
May 1, 2016.

Peter M. Gilhuly, Esq., Kimberly A. Posin, Esq., and Adam E.
Malatesta, Esq., at Latham & Watkins LLP, and John Henry Knight,
Esq., and Amanda R. Steele, Esq., at Richards, Layton & Finger,
P.A., serve as Chapter 11 counsel.

The Debtors' financial advisor is Cowen and Company, LLC.  Prime
Clerk LLC serves as claims and noticing agent.  In its petition,
the Debtors estimated $10 million to $50 million in both assets and
liabilities.

The petitions were signed by Andrew Hircsh, president and chief
executive officer.


BIOLIFE SOLUTIONS: Appoints Jim Mathers Vice President of Sales
---------------------------------------------------------------
BioLife Solutions, Inc., has appointed Jim Mathers to the position
of vice president of sales, replacing Matt Snyder, who is
retiring.

Mathers previously excelled in sales, sales management, business
development, and operations management positions with companies
such as Stryker (Mako Surgical), Brainlab AG, Aramark, Accuray, and
Cardiac Science.

Mike Rice, BioLife president & CEO, commented, "I am thrilled to
welcome Jim to BioLife.  He is a consummate sales professional,
skilled and adept at coaching and training new sellers and in
personally identifying key decision makers and presenting a
compelling business case for the adoption of novel and disruptive
technologies such as our evo Smart Shipper and biologistex cold
chain SaaS.  I look forward to his contributions and expect he will
be a significant contributor in driving adoption of our first in
class cold chain solutions for time and temperature sensitive
biologic materials."

Rice continued, "I also want to recognize the many contributions of
Matt Snyder over the last several years.  Matt was instrumental in
leading and managing our sales organization to achieve 25% annual
growth over the last several years.  The entire BioLife team wishes
him well in retirement."

                       About BioLife Solutions

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

BioLife reported a net loss of $4.99 million on $6.44 million of
product sales for the year ended Dec. 31, 2015, compared to a net
loss of $3.30 million on $6.19 million of product sales for the
year ended Dec. 31, 2014.

As of March 31, 2016, Biolife had $10.8 million in total assets,
$2.24 million in total liabilities and $8.52 million in totla
shareholders' equity.


BLACKROCK INTERNATIONAL: 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 Blackrock International Holdings, Inc.

Blackrock International Holdings, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
16-02695) on April 25, 2016.  The Debtor is represented by Jeffrey
Ainsworth, Esq., at BrasonLaw PLLC.


BON-TON STORES: Reports First Quarter Fiscal 2016 Results
---------------------------------------------------------
The Bon-Ton Stores, Inc., reported a net loss of $37.8 million on
$591 million of net sales for the 13 weeks ended April 30, 2016,
compared to a net loss of $34.1 million on $611 million of net
sales for the 13 weeks ended May 2, 2015.

As of April 30, 2016, Bon-Ton had $1.51 billion in total assets,
$1.51 billion in total liabilities, and a total shareholders
deficit of $1.25 million.

Kathryn Bufano, president and chief executive officer, commented,
"Ongoing headwinds in the retail environment, unfavorable weather,
and a soft Easter all pressured our top line performance during the
quarter.  We saw only a slight decrease in merchandise margin and
reduced inventory levels by 4.0% on a comparable store basis
despite the sales pressure, as we maintained disciplined inventory
management.  In addition, we moved forward with our cost savings
initiatives while continuing to carefully manage expenses. That
said, based on our first quarter performance as well as current
trends in the second quarter to-date and our expectation that the
retail environment will remain difficult, we believe that it is
prudent to reduce our full year guidance.  We remain focused on the
controllables which we believe will drive incremental sales in the
back half of the year including further enhancing both our brand
and our merchandise assortments, elevating the communication of our
value proposition to both new and existing customers, and once
again driving double-digit growth in our omnichannel sales. Longer
term, we continue to believe that as we make progress against our
seven pillars of execution, we will be poised to drive improved and
consistent sales and profitability."

Comparable store sales in the first quarter of fiscal 2016
decreased 2.9%.  Total sales in the period decreased 3.3% to $591.0
million, compared with $610.9 million in the first quarter of
fiscal 2015.  Sales increases were achieved in Home, Young Men's,
Big and Tall and Young Contemporary, while Woman's Accessories was
the poorest performing category.  Sales were also impacted by
general weakness in apparel and shoes.

The Company once again achieved double-digit sales growth in
omnichannel, which reflects sales via the Company's website and Let
Us Find It initiative, as the Company successfully leveraged its
new West Jefferson facility and expanded store-fulfillment
network.

Other income in the first quarter of fiscal 2016 was $17.4 million,
an increase of $1.1 million over the comparable prior year period.
The increase was largely the result of higher revenues associated
with the Company's proprietary credit card operations.  Proprietary
credit card sales, as a percentage of total sales, increased 400
basis points to 54.9% in the first quarter of fiscal 2016.

The gross margin rate in the first quarter of fiscal 2016 increased
six basis points as compared with the first quarter of fiscal 2015
to 33.9% of net sales, as reductions in delivery expense were
partially offset by higher distribution center costs for
omni-channel operations.  Gross profit decreased $6.4 million to
$200.1 million in the first quarter of fiscal 2016, primarily as a
result of decreased sales volume.    

Selling, general and administrative expense in the first quarter of
fiscal 2016 decreased $2.5 million compared to the first quarter of
fiscal 2015, largely due to decreased store expenses, partially
offset by increased advertising and higher-than-expected medical
claims.  The SG&A expense rate in the first quarter of 2016 was
36.6% of net sales, an increase of 78 basis points over the prior
year, primarily as a result of the decreased sales volume in the
period.

The Company's excess borrowing capacity under its revolving credit
facility was approximately $244 million at the end of the first
quarter of fiscal 2016.

For fiscal 2016, the Company now expects Adjusted EBITDA in a range
of $130 million to $140 million.  Loss per diluted share is
expected to be in a range of $0.95 to $1.45 and cash flow in a
range of $28 million to $38 million.

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

                       https://is.gd/VzXtyR

                       About Bon-Ton Stores

The Bon-Ton Stores, Inc., with corporate headquarters in York,
Pennsylvania and Milwaukee, Wisconsin, operates 270 stores, which
includes nine furniture galleries and four clearance centers, in
26 states in the Northeast, Midwest and upper Great Plains under
the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman,
Herberger's and Younkers nameplates.  The stores offer a broad
assortment of national and private brand fashion apparel and
accessories for women, men and children, as well as cosmetics and
home furnishings.  For further information, please visit the
investor relations section of the Company's Web site at
http://investors.bonton.com.

Bon-Ton Stores reported a net loss of $57.05 million on $2.71
billion of net sales for the fiscal year ended Jan. 30, 2016,
compared to a net loss of $6.97 million on $2.75 billion of net
sales for the fiscal year ended Jan. 31, 2015.

                           *     *     *

As reported in the TCR on Dec. 4, 2015, Moody's Investors Service
downgraded Bon-Ton Stores's Corporate Family Rating to Caa1 from
B3. The company's Speculative Grade Liquidity rating was affirmed
at SGL-2.  The rating outlook is stable.  The downgrade considers
the continuing and persistent negative pressure on Bon-Ton's
revenue and EBITDA margins which has been accelerating during the
course of fiscal 2015.

Standard & Poor's Ratings Services in December 2015 lowered its
corporate credit rating Bon-Ton Stores to 'CCC+' from 'B-'.
The outlook is negative.  S&P said the downgrade reflects both
Bon-Ton's weakening performance and our forecast for an
unsustainable capital structure and "less than adequate" liquidity.


BOWERS INVESTMENT: Hires Frank Cahill as Counsel
------------------------------------------------
Bowers Investment Company, LLC seeks permission from the U.S.
Bankruptcy Court for the District of Alaska to employ Frank Cahill
of the Law Offices of H. Frank Cahill as counsel.

Gerald L. Bowers, managing member of Bowers Investment Company LLC,
is authorized under the company's operating agreement to file the
bankruptcy case.

Robert Garrison, of GS Jones Law Group, Seattle, Washington
prepared to file a Chapter 11 bankruptcy for Bowers Investment
Company LLC. Prior to the filing date, it became clear that Mr.
Garrison would not be admitted in the District of Alaska to file
this bankruptcy at the intended time. On May 6, 2016, Gerald Bowers
asked Frank Cahill and the Law Offices of H. Frank Cahill to file
the bankruptcy using the forms prepared by Mr. Garrison.

Prior to filing the case, Gerald Bower placed $1,000 in Mr.
Cahill's IOLTA trust account for his services and also in the trust
account of Mr. Garrison, and with Mr. Cahill to pay the filing
fee.

Mr. Cahill does not hold or represent an interest adverse to the
Debtor's bankruptcy estate as required by 11 USC Sec. 327 and is a
disinterested person in this bankruptcy proceeding as defined in 11
U.S.C. Sec. 101(14).

Frank Cahill can be reached at:

      H. Frank Cahill
      Law Offices of H. Frank Cahill
      880 N Street, Suite 203
      Anchorage, Alaska 99501
      Phone: 907-222-4905
      Fax: 907-274-8201

Bowers Investment Company, LLC, based in Fairbanks, Alaska, filed a
Chapter 11 petition (Bankr. D. Alaska Case No. 16-00136) on May 6,
2016.  Hon. Gary Spraker presides over the case.  Frank H. Cahill,
Esq., at Law Offices of H. Frank Cahill, serves as counsel to the
Debtor.  In its petition, the Debtor estimated $1 million to $10
million in both assets and liabilities.


BUFFETS LLC: Selling SC Property to TVE for $620,000
----------------------------------------------------
Buffets, LLC, and its subsidiaries filed a motion asking the U.S.
Bankruptcy Court for the District of Texas, San Antonio Division,
for approval to sell a real property at 2426 Laurens Road,
Greenville County, South Carolina, free and clear of all liens,
claims, and encumbrances.

The Debtors propose to sell the real property to TVE, LLC, an
American record, film and television company, and its assigns in
exchange for $620,000 pursuant to the Real Estate Contract subject
to the liens, which shall remain attached to the property in
accordance to Contract.

Hilco Real Estate, LLC, the Debtors' court-approved real estate
consultants and advisors, received the buyer's offer unsolicited,
and thereafter reviewed the performance of the current operating
unit, sales trends, profitability, and future, compared to the
purchase price. It also reviewed market comparables in the trade
area, as well traffic patterns and trends within the market. Thus,
in exploration of value to the bankruptcy estate, and seeing as the
estate could not assign a rent to this unit and expect operation to
sustain, there is no ability to allocate a reasonable cap rate to
the revenue stream and sell the property for more value than the
purchase price is the highest and best offer received and does not
involve any additional marketing- and selling-related expenses.

The Debtors will entertain higher and better offers if received by
counsel for the Debtors prior to any hearing on this request.

Any such offer should be e-mailed to:

         John E. Mitchell, Esq.
         David W. Parham, Esq.
         John E. Mitchell, Esq.
         AKERMAN LLP
         2001 Ross Avenue, Suite 2550
         Dallas, Texas 75201
         Telephone: (214) 720-4300
         Facsimile: (214) 981-9339
         E-mail: david.parham@akerman.com
                 john.mitchell@akerman.com

               - and –

         Andrea Hartley, Esq.
         Esther A. McKean, Esq.
         Amy M. Leitch, Esq.
         Katherine C. Fackler, Esq.
         Three Brickell City Centre
         98 Southeast Seventh Street
         Miami, FL 33131
         Telephone: 305.374.5600
         Facsimile: 305.374.5095
         E-mail: andrea.hartley@akerman.com
                 esther.mckean@akerman.com
                 amy.leitch@akerman.com
                 katherine.fackler@akerman.com

The Debtors intend to close the proposed sale as expeditiously as
possible.

                        About Buffets LLC

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

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

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

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

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


BUILDERS FIRSTSOURCE: Warburg Pincus Reports 12% Equity Stake
-------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Warburg Pincus Private Equity IX, L.P., et al.,
disclosed that as of May 18, 2016, they beneficially own 13,263,266
shares of common stock of Builders Firstsource, Inc., representing
12 percent of the shares outstanding.  A copy of the regulatory
filing is available for free at https://is.gd/NheYHG

                   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.


BX ACQUISITIONS: Sale of Personal Property Approved
---------------------------------------------------
BX Acquisitions, Inc., on May 19, 2016, received approval from the
U.S. Bankruptcy Court for the Northern District of Ohio to sell
personal property of the estate.  The Debtor has terminated its
lease with the Toledo-Lucas County Port Authority.  As a result of
the solicitation of bids, the Debtor requested the Authority to
proceed with the sale of these equipment and personal property:

A. Principle Business Enterprises, Inc.      $40,000

   Quantity & Description
   ----------------------
   1 Yard Horse
   25 Acer S200HQ 19.5" Widescreen (1600 x 900) Display, Black
   9 Dell Optiplex 790 DT Desktop i5-2500 Quad-Core 3.3GHz
   1 PowerEdge R620 - Base $2800 Normal Config
   1 PowerEdge R620 - Base $2800 Normal Config
   1 PowerEdge R420 - Base $1400 Normal Config
   1 HP DL360p Gen8 10-SFF CTO Server SN: MXQ50100W8
   1 Equilogic PS6100 SAN 600GB drives
   1 Equilogic PS6100 SAN 2TB drives
   1 Server Rack housing the PowerEdge servers
   4 Cisco Wireless Access Point
   3 Apple iPad Pro " Wi-Fi " 32 GB " Space Gray
   5 Samsung LN46A650 46" 1080p LCD TV
   3 Sharp LC-60E77UN 60" AQUOS LCD TV
   3 Golf Clubs Mizuno and TaylorMade
   6 Wilson Golf Balls
   1 Kitchen Table with 4 chairs
   1 Brown leather couch & matching chair
   1 Square coffee table
   2 Pallets of ergonomic floor mats ~ 30 total mats

B. COFC Logistics      $1,000

   Quantity & Description
   ----------------------
   9 Battery backup units " salvage area
   1 Dresser used " salvage area
   6 Household lamps " salvage area no light bulbs
   4 Digital cameras " salvage area
   2 Samsung Monitors " salvage area
   1 Duel Monitor stand " used
   1 Desk printer " used " HP Laserjet 2300
   1 3 ring hole punch " used
   2 Space heaters " used " Holmes desk heaters
   1 Shredder " used " Fellowes 99Ci
   1 Projector " used " Epson EX 5210
   2 Dell laptop roller bags " new
   1 8 X 11 laminator " used
   1 Soft cover binder " used.
   1 Dell Power Connect 2024 " used.
   2 Cysco Catalyst 3500 " used.

C. Metric Metal      $4,870

   Quantity & Description
   ----------------------
   6 Latitude E6540 laptops" used
   2 Latitude E6530 laptops" used
   2 Cisco Asa 5505 Router/firewall/VPN " used
   1 Cisco ASA 5510 Router/firewall/VPN " used
   2 Fujitsu Imager 5650C " used
   6 Dell Laptop Desk stands " used
   1 Sharp MX " 4111n scanner, printer, copier " used
   1 Sharp MX-M503N scanner, printer, copier " used

                       About BX Acquisitions

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

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

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

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


CAESARS ENTERTAINMENT: Bank Debt Trades at 5% Off
-------------------------------------------------
Participations in a syndicated loan under which Caesars
Entertainment Inc is a borrower traded in the secondary market at
95.03 cents-on-the-dollar during the week ended Friday, May 20,
2016, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 0.50 percentage points
from the previous week.  Caesars Entertainment pays 600 basis
points above LIBOR to borrow under the $2.5 billion facility. The
bank loan matures on Sept. 24, 2020 and carries Moody's B3 rating
and Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended May 20.


CALMARE THERAPEUTICS: Incurs $878,000 Net Loss in First Quarter
---------------------------------------------------------------
Calmare Therapeutics Incorporated filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $877,917 on $56,250 of product sales for the three
months ended March 31, 2016, compared to a net loss of $1 million
on $7,950 of product sales for the same period in 2015.

As of March 31, 2016, Calmare had $4.29 million in total assets,
$15.42 million in total liabilities and a total shareholders'
deficit of $11.1 million.

"We fund our liquidity requirements with a combination of cash on
hand, debt and equity financing, sales of common stock and cash
flows from operations, if any.  At March 31, 2016, the Company had
outstanding debt in the form of promissory notes with a total
principal amount of $5,353,000 and a carrying value of
$4,938,000."

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

                      https://is.gd/ok53BS

                    About Calmare Therapeutics

Calmare Therapeutics Incorporated, formerly known as Competitive
Technologies, Inc., provides distribution, patent and technology
transfer, sales and licensing services focused on the needs of its
customers and matching those requirements with commercially viable
product or technology solutions.  Sales of the Company's
Calmare(R) pain therapy medical device continue to be the major
source of revenue for the Company.

Calmare reported a net loss of $3.67 million on $891,472 of product
sales for the year ended Dec. 31, 2015, compared to a net loss of
$3.41 million on $1.04 million of product sales for the year ended
Dec. 31, 2014.

Mayer Hoffman McCann CPAs, in New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has incurred operating
losses since fiscal year 2006 and has a working capital and
shareholders' deficiency at Dec. 31, 2015.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


CENTURY AUTO BODY: Hiring Alan Smith Firm and Johnson & Gubler
--------------------------------------------------------------
Century Auto Body LLP seeks approval from the U.S. Bankruptcy Court
for the District of Nevada to hire the Law Offices of Alan R. Smith
as its bankruptcy counsel and Johnson & Gubler P.C. as its local
counsel.

The Debtor tapped the firms to provide these services:

     (a) advise the Debtor with respect to its powers and duties  
         as debtor-in-possession;
  
     (b) negotiate, prepare and file a plan of reorganization and
         disclosure statement or promote the financial
         rehabilitation of the Debtor;

     (c) take all necessary actions to protect and preserve the
         bankruptcy estate, which include the prosecution of
         actions;

     (d) prepare legal papers on behalf of the Debtor;

     (e) provide legal advice and perform general legal services
         in connection with the Debtor's bankruptcy case.
       
The Debtor has agreed that the firms will be compensated for
services at these hourly rates:

     (a) $500 for Alan Smith of LOARS and $375 for Matthew Johnson

         of Johnson & Gubler;

     (b) for paraprofessional services, $250 for Peggy Turk and
         $150 for Debra Goss; and

     (c) $130 for other paraprofessional services, which is the
         customary rate charged by both firms.

In separate filings, Messrs. Smith and Johnson disclosed that their
firms are disinterested persons as defined by section 101(14) of
the Bankruptcy Code.

LOARS can be reached through:

     Alan R. Smith, Esq.
     Law Offices of Alan R. Smith
     505 Ridge Street
     Reno, Nevada 89501
     Tel: (775) 786-4579
     Fax: (775) 786-3066
     Email: mail@asmithlaw.com

Johnson & Gubler can be reached through:

     Matthew L. Johnson, Esq.
     Johnson & Gubler, P.C.
     Lakes Business Park
     8831 West Sahara Avenue
     Las Vegas, Nevada 89117
     Tel: (702) 471-0065
     Fax: (702) 471-0075
     Email: mjohnson@mjohnsonlaw.com

                  About Century Auto Body

Century Auto Body, LLP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 16-12210) on April 22,
2016.


CHAPARRAL ENERGY: Taps Latham & Watkins as Bankruptcy Co-Counsel
----------------------------------------------------------------
Chaparral Energy Inc. and its affiliates seek approval from the
U.S. Bankruptcy Court for the District of Delaware to hire Latham &
Watkins LLP as bankruptcy co-counsel.

The services Latham & Watkins is expected to provide include:

     (a) advising the Debtors with respect to their powers and
         duties as debtors-in-possession;

     (b) attending meetings and negotiating with representatives
         of creditors and other parties;

     (c) analyzing proofs of claim filed against the Debtors and
         potential objections to such claims;

     (d) analyzing executory contracts and unexpired leases;

     (e) prosecuting actions on the Debtors' behalf and
         representing their interests in negotiations concerning
         litigation in which they are involved;

     (f) preparing legal papers;

     (g) taking necessary action on behalf of the Debtors to
         negotiate, prepare and obtain approval of a disclosure
         statement and confirmation of a plan of reorganization;

     (h) advising the Debtors in connection with any potential
         sale of assets or stock;

     (i) appearing before the bankruptcy court or any appellate
         courts; and

     (j) advising on corporate, litigation, environmental,
         finance, tax, employee benefits and other legal matters.

The firm's hourly rates for matters related to the Debtors'
bankruptcy cases range from $495 to $935 for associates; $915 to
$1,125 for counsel; $925 to $1,350 for partners; and $220 to $690
for paraprofessionals.

Latham & Watkins will receive reimbursement for work-related
expenses.

Richard Levy, Esq., a partner at Latham & Watkins, disclosed in a
declaration that his firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

To comply with the U.S. Trustee Guidelines, Latham & Watkins
presented a prospective staffing plan to be utilized by the firm
during the course of the Debtors' bankruptcy cases.

                    No. of Timekeepers     
   Timekeeper       Expected to Work on    
   Category of      the Matter During        Approximate
   Timekeeper       the Budget Period        Hourly Rate
   -----------      ---------------------    -----------
   Senior Partner            3               $925-$1,375
   Junior Partner            4               $925-$1,275
   Senior Associate          3               $875-$1,020
   Associate                 4               $760-$915
   Junior Associate          3               $495-$785

The primary attorneys working on this engagement will be Richard
Levy, Keith Simon, David McElhoe, and Marc Zelina. However, there
are occasions when additional attorneys or paralegals from the
firm's corporate, finance, tax, environmental and litigation
departments will get involved.

In the event that a consensual restructuring is not obtained with
the Debtors' secured lenders or unsecured noteholders, significant
litigation will occur. Such litigation, and any related depositions
and discovery, could require the extensive services of members of
the firm’s litigation group, according to Latham & Watkins."

Latham & Watkins can be reached through:

     Richard A. Levy
     Keith A. Simon
     David F. McElhoe
     Latham & Watkins LLP
     885 Third Avenue
     New York, New York 10022-4834
     Telephone: 212-906-1200
     Fax: 212-751-4864
     Email: richard.levy@lw.com
     keith.simon@lw.com
     david.mcelhoe@lw.com

The Debtors can be reached through:

     Mark D. Collins
     John H. Knight)
     Joseph C. Barsalona II
     Brendan J. Schlauch
     Richards, Layton & Finger, P.A.
     One Rodney Square
     920 North King St.
     Wilmington, Delaware 19801
     Telephone: 302-651-7700
     Fax: 302-651-7701
     Email: collins@rlf.com
            knight@rlf.com
            barsalona@rlf.com
            schlauch@rlf.com

                      About Chaparral Energy

Founded in 1988, Chaparral Energy, Inc. is a Delaware corporation
headquartered in Oklahoma City and a pure play Mid-Continent
independent oil and natural gas exploration and production
company.

Chaparral Energy, Inc. and its 10 affiliates sought protection
under Chapter 11 of the Bankruptcy Code in the District of
Delaware
(Delaware) (Lead Case No. 16-11144) on May 9, 2016.  

The petition was signed by Mark A. Fischer, chief executive
officer. The Debtors are represented by Mark D. Collins, Esq., at
Richards, Layton & Finger, P.A.

The Debtors estimated assets of $50 million to $100 million and
debts of $1 billion to $10 billion.

The Office of the U.S. Trustee on May 18 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 cases of Chaparral Energy, Inc. and
its
affiliates.


CHARLES DONALD LEONARD: Leigh Murphy Wins Summary Judgment Bid
--------------------------------------------------------------
In the adversary case styled CHARLES DONALD LEONARD and MARGARET
ROSE LEONARD, doing business as LEONARD CATTLE COMPANY, Plaintiffs,
v. LEIGH MURPHY, doing business as MURPHY CATTLE COMPANY,
Defendant, A15-8044, Judge Thomas L. Saladino of the United States
Bankruptcy Court for the District of Nebraska denied the
Plaintiffs's summary judgment motion and granted Defendant Murphy's
summary judgment motion.

This is a dispute over the validity and priority of interests in
cattle. In brief, Leonard arranged to purchase feeder cattle from
Murphy. The cattle were delivered to a third party's feedlot and
Leonard issued checks to Murphy and other sellers as payment for
the cattle. Several of the checks were not honored. Murphy received
only partial payment for the cattle and filed a state law replevin
action. The state court issued an order of replevin shortly before
the bankruptcy petition was filed. Murphy relies on the Nebraska
Uniform Commercial Code in attempting to exercise his right to
reclaim the cattle. Leonard argues that the right of reclamation is
unenforceable in light of the debtor in possession's avoidance
powers under the Bankruptcy Code.

This Court ruled that exercise of reclamation rights is not a
preferential transfer. Further, Section 549 does not apply since
Murphy exercised his reclamation rights pre-petition, not
post-petition.

Because, under the undisputed facts of this case, all of Leonard's
claims and arguments fail as a matter of law, Murphy is entitled to
entry of an order of summary judgment in his favor.

A full-text copy of the Order dated April 8, 2016 is available at
https://is.gd/xlnEw0 from Leagle.com.

The bankruptcy case is IN THE MATTER OF: CHARLES DONALD LEONARD and
MARGARET ROSE LEONARD, Chapter 11, Debtor(s), Nos. BK15-82016.

U.S. Bankr. Court, D. Nebraska, Plaintiff, is represented by
Charles Donald Leonard, Esq. -- Lepant & Lentz, PC, LLO.

Leigh Murphy d/b/a Murphy Cattle Company, Defendant, is represented
by Robert M. Gonderinger, Esq. -- CROKER, HUCK LAW FIRM, David J.
Skalka, Esq. -- Croker Huck Kasher DeWitt.


CHC GROUP: Taps Debevoise & Plimpton as Special Counsel
-------------------------------------------------------
CHC Group Ltd. and its affiliates seek approval from the U.S.
Bankruptcy Court for the Northern District of Texas to hire
Debevoise & Plimpton LLP as special counsel.

The Debtors tapped the firm to provide services with respect to
issues that may arise during their Chapter 11 cases related to:

     (a) aircraft, aircraft financing and lease arrangements;

     (b) tax and other issues with respect to such financing and
         lease arrangements;

     (c) negotiations relating to the aircraft, aircraft financing

         and lease arrangements;

     (d) issues under sections 362, 363, 364 and 365 of the
         Bankruptcy Code relating to the treatment of aircraft,    
    
         aircraft financing and lease arrangements; and

     (e) issues relating to claims arising from CHC's aircraft.

Debevoise & Plimpton will be paid on an hourly basis and will
receive reimbursement for work-related expenses.  The firm's hourly
rates are:

     Partners           $935 - 1300
     Counsel            $985 - 1250
     Associates         $475 - 960
     Paraprofessionals  $205 - 420

Jasmine Ball, Esq., a partner at Debevoise & Plimpton, disclosed
that the firm, in conjunction with the Debtors, is developing a
prospective budget and staffing plan for its engagement for the
post-petition period.  

The budget may be amended as necessary to reflect changed or
unanticipated developments in accordance with the U.S. Trustee
Guidelines, she said.

Ms. Ball also disclosed that the firm does not represent any
interest adverse to the Debtors or their estate.

In compliance with the U.S. Trustee Guidelines, Jasmine Ball, Esq.,
a partner at Debevoise & Plimpton, disclosed that the firm
represented the Debtors for almost two years prior to its
bankruptcy filing.  During that time period, Debevoise charged its
standard rates, subject to the customary annual rate increases
applicable to all clients, she said.

Ms. Ball disclosed that prior to any consideration of a bankruptcy
filing, the firm had agreed to apply a 20% discount for the first
12 months representing CHC and a 10% discount thereafter for
certain types of services.  Those discounts did not cover any
services relating to litigation, restructuring or bankruptcy
matters and terminated in March 2016. The postpetition billing
rates and the material financial terms of Debevoise's employment
are consistent with those in place prior to the bankruptcy filing,
according to Ms. Ball.

Ms. Ball further disclosed that the firm, in conjunction with the
Debtors, is developing a prospective budget and staffing plan for
its engagement for the post-petition period.  The budget may be
amended as necessary to reflect changed or unanticipated
developments in accordance with the U.S. Trustee Guidelines, she
said.

Debevoise & Plimpton can be reached through:

     Jasmine Ball
     Richard F. Hahn
     919 Third Avenue
     New York, New York 10022
     Telephone: (212) 909-6000
     Facsimile: (212) 909-6836
     Email: jball@debevoise.com
            rfhahn@debevoise.com

                      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 from 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.


CONGO CORPORATION: Case Summary & 2 Unsecured Creditors
-------------------------------------------------------
Debtor: Congo Corporation
        1129 Collins Memorial Dr.
        Chester, WV 26034

Case No.: 16-00523

Chapter 11 Petition Date: May 23, 2016

Court: United States Bankruptcy Court
       Northern District of West Virginia (Wheeling)

Debtor's Counsel: Martin P. Sheehan, Esq.
                  SHEEHAN & NUGENT, PLLC
                  41 15th Street
                  Wheeling, WV 26003
                  Tel: (304) 232-1064
                  Fax: 304-232-1066
                  E-mail: sheehanbankruptcy@wvdsl.net

Total Assets: $25,261

Total Liabilities: $520,377

The petition was signed by John Hofstetter, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/wvnb16-00523.pdf


CORPORATE RESOURCE: Court Extends Removal Period to July 15
-----------------------------------------------------------
Judge Martin Glenn of the U.S. Bankruptcy Court for the District of
New York extended for a third time the deadline within which James
S. Feltman, the Chapter 11 Trustee of Corporate Resource Services,
Inc., et al., may file notices to remove actions through and
including July 15, 2016.

The July 15, 2016 deadline applies to the civil actions and to any
other actions in which the Debtors are a party and which are
discovered after the date of the Motion.

                     About Corporate Resource Services

Corporate Resource Services, Inc., is a provider of corporate
employment and human resource solutions, headquartered in New York.
CRS leases its headquarters and does not own any real property.
About 90% of CRS shares are owned by Robert Cassera and the balance
are traded OTC.

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

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

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

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

The CRS Debtors' cases were transferred to New York (Bankr.
S.D.N.Y. Lead Case No. 15-12329), on August 18, 2015, and assigned
to Judge Martin Glenn.

James S. Feltman has been appointed as Chapter 11 trustee for the
CRS Debtors and for TS Employment, Inc. He has tapped Togut, Segal
& Segal LLP as counsel.


CUNNINGHAM LINDSEY: Moody's Puts B3 CFR on Review for Downgrade
---------------------------------------------------------------
Moody's Investors Service continues to review for downgrade the
ratings of Cunningham Lindsey U.S. Inc. (Cunningham Lindsey,
corporate family rating B3, probability of default rating B3-PD),
having commenced the review in February 2016.  The rating review
reflects the issuer's weak credit metrics along with a financial
leverage covenant that steps down over time and a revolving credit
facility that matures in December 2017.

                         RATINGS RATIONALE

The ongoing review will focus on Cunningham Lindsey's strategic
initiatives to restore revenue and EBITDA growth, and the related
impact on financial leverage, interest coverage and free cash flow.
The rating agency will also consider the company's ability to
achieve headroom under its financial covenant and address its 2017
revolving credit maturity.

Cunningham Lindsey's revenues and EBITDA have declined
significantly since the time of its leveraged buyout in 2012.  The
downward trend reflects a decline in global insured claims volume
from natural and manmade catastrophes, a strengthening US dollar
relative to many of the currencies in which the company operates,
and in recent periods, expenditures for restructuring and other
strategic initiatives.

Moody's estimates that Cunningham Lindsey's debt-to-EBITDA ratio
was about 9x at year-end 2015 after giving effect to standard
accounting adjustments plus other adjustments for costs that the
rating agency views as non-recurring.  Cunningham Lindsey's (EBITDA
- capex) interest coverage on this basis was about 1x, and its free
cash flow was modestly negative.

Cunningham Lindsey has a strong market position in complex claims
management, serving a broad range of insurance carriers and
self-insured entities across multiple jurisdictions.  Over the past
two years, the company has made several changes to its senior
management team, and has taken steps to better diversify its
business mix across insurance loss adjusting, claims management and
other risk management services, thereby reducing its reliance on
catastrophe-related claims.  The company is also investing in a
common and more efficient operating model, while reducing its
overall cost structure.  These initiatives are beginning to take
hold, with the company posting a 6% increase in revenues in Q1 2016
versus Q1 2015, and similar improvement in its rolling 12-month
EBITDA (per company calculations).

Moody's expects further improvement in earnings and credit metrics,
but notes that Cunningham Lindsey faces an increasingly stringent
financial leverage covenant plus the maturity of its revolving
credit facility in December 2017.  The company has sufficient
liquidity to meet obligations over the next few quarters, with $45
million of cash and equivalents as of March 31, 2016, plus some
availability under its revolving credit facility, subject to
compliance with its financial covenant.

Factors that could lead to a rating downgrade for Cunningham
Lindsey include: (i) debt-to-EBITDA ratio remaining above 7.5x for
a sustained period, (ii) (EBITDA - capex) coverage of interest
remaining below 1.2x, (iii) free-cash-flow-to-debt ratio remaining
below 2%, or (iv) failure to achieve headroom under the financial
covenant and address the 2017 revolving credit maturity.

Conversely, the ratings could be confirmed in the event of: (i)
successful management actions to restore revenue and EBITDA growth
and enhance financial flexibility, (ii) debt-to-EBITDA ratio
trending below 7.5x, (iii) (EBITDA - capex) coverage of interest
exceeding 1.2x, and (iv) free-cash-flow-to-debt ratio exceeding
2%.

Moody's is reviewing for downgrade these ratings (along with loss
given default (LGD) assessments, borrowing amounts as of 31 March
2016):

  Corporate family rating B3;
  Probability of default rating B3-PD;
  $100 million first-lien revolving credit facility (over $70
   million outstanding, maturing in December 2017) B2 (LGD3);
  $484 million first-lien term loan (maturing in December 2019) B2

   (LGD3);
  $86 million second-lien term loan (maturing in June 2020) Caa2
   (LGD6).

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Based in Tampa, Florida, Cunningham Lindsey is a leading global
provider of insurance loss adjusting, claims management and other
risk management services to insurance and reinsurance companies,
insurance syndicates, major self-insured corporations and
government agencies.  Cunningham Lindsey operates through a global
network of more than 6,000 people spanning more than 60
territories.  The company generated revenue of $688 million in
2015.


DARDEN-GREEN: Hires Reynolds Legal Solutions as Counsel
-------------------------------------------------------
Darden-Green Co., Inc., seeks permission from the U.S. Bankruptcy
Court for the Northern District of Alabama to employ Thomas
Reynolds of Reynolds Legal Solutions, LLC as general counsel for
the Debtor.

The Debtor requires Mr. Reynolds with the assistance of Reynolds
Legal Solutions, LLC to:

     a. give the Debtor legal advice with respect to its powers and
duties as a Debtor in Possession;

     b. represent the Debtor in all meetings, hearings and
negotiations occurring in these case;

     c. assist the Debtor in the development, creation and
prosecution of a Disclosure Statement and Plan of Reorganization;
and

     d. perform all other legal services on behalf of the Debtor
which may be required in the bankruptcy case.

Reynolds Legal Solutions will be paid at these hourly rates:

     Thomas E. Reynolds                   $250
     Paralegal                            $90

Reynolds Legal Solutions will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Reynolds Legal Solutions can be reached at:

      Thomas E. Reynolds
      Reynolds Legal Solutions, LLC  
      300 Richard Arrington Jr. Blvd N, Ste 503
      Birmingham, AL 35203
      Phone: 205.957.6500

Darden-Green Co., Inc., based in Birmingham, Alabama, filed a
Chapter 11 petition (Bankr. N.D. Ala. Case No. 16-01957) on May 12,
2016.  Hon. Tamara O Mitchell presides over the case.  Thomas E
Reynolds, Esq., at Reynolds Legal Solutions, LLC, serves as Chapter
11 counsel.  In its petition, the Debtor listed total assets of
$2.13 million and total liabilities of $2.31 million.  The petition
was signed by Bobbie Green, general manager.


DARIUS ENTERPRISES: Has $950,000 Offer for 9623 Canoga Property
---------------------------------------------------------------
Darius Enterprises, LLC, on May 31, 2016, will ask the US
Bankruptcy Court for the Central District of California, San
Fernando Division, to approve the sale of real property located at
9623 Canoga Avenue, Chatsworth, California 91311, to Gabriel Guzman
for $950,000, absent higher and better offers.

The Debtor wish to sell it to Gabriel Guzman for the sum of
$950,000 on an "as-is", "where is" basis.  The sale has been
negotiated and proposed in good faith, is an "arms-length"
transaction, and results in a distribution to the Estate.

The Debtor says if the Court does not approve the Sale, the Debtor
may lose the opportunity to sell the Property at the price the
Debtor is contracted to receive, which would result in a possible
foreclosure.

Pursuant to the Sale Agreement, the brokers are entitled to receive
commissions of $47,500 from the Sale.  The Debtor requests
authority to pay the brokers' commissions in full on the Closing
Date without further order of the Court.  Finally, the Debtor
requests that the Court order escrow to hold $150,000 from the net
sale proceeds for administrative claims and expenses, which are
ultimately allowed, if and when a court order approving the payment
of those claims has been entered. If any funds remain from
the net proceeds after reserving for administrative claims and
expenses, escrow shall remit the balance of such funds to the
Estate.

The Court-approved bid procedures require any party wishing to
submit a bid for the Property to submit a written bid of at least
$975,000 and a deposit by no later than May 26, 2016.  The sale
hearing and overbid auction are scheduled for may 31, 2016, at 1:30
p.m.

Darius Enterprises LLC is represented by:

         Lesley B. Davis
         R. Grace Rodriguez
         THE LAW OFFICES OF R. GRACE RODRIGUEZ
         1000 Devonshire Street, Suite Ill
         Chatsworth, California 91311
         Telephone: (818) 734-7223
         Facsimile: (818) 338-5821
         E-mail: ecf@LORGR.com

                     About Darius Enterprises

Darius Enterprises, LLC, is a limited liability company created by
Masih Madani to own two commercial condominiums located at 9621 and
9623 Canoga Avenue in Chatsworth, Calif.

Darius Enterprises filed a chapter 7 petition (Bankr. C.D. Cal.
Case No. 15-12153) on June 10, 2016, and converted the case to a
chapter 11 proceeding in Sept. 2015.  This is Darius Enterprises'
second time in bankruptcy court.  The company previously sought
Chapter 11 protection (Bankr. C.D. Cal. Case No. 10-20351) on Aug.
20, 2010, estimating less than $1 million in assets and $1 million
to $10 million in debt.


DIAMOND XPRESS: 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 Diamond Xpress, LLC.

Diamond Xpress, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tenn. Case No. 16-23669) on April 18,
2016.  The Debtor is represented by Russell W. Savory, Esq., at
Beard & Savory, PLLC.


DIOCESE OF DULUTH: Abuse Claims Mount Ahead of Deadline
-------------------------------------------------------
The American Bankruptcy Institute, citing Tom Olsen of Duluth News
Tribune, reported that claims are pouring in ahead of a May 25,
2016 deadline for child sexual abuse victims to seek damages from
the Diocese of Duluth.

According to the report, as of May 23, the U.S. Bankruptcy Court
was reporting that 112 confidential claims had been turned over to
attorneys representing the diocese and the group of trustees
advocating for its creditors in the bankruptcy proceedings.  As
expected, that number was a significant jump from the 46 claims
reported just a month ago, with many people apparently making the
last-minute decision to file or lose their legal rights to seek
damages in decades-old abuse cases, the report related.

"It'll be right up until the end," Mike Finnegan, an attorney
representing dozens of the claimants through St. Paul-based Jeff
Anderson and Associates, told the news agency. "I think there's a
lot of people out there that are trying to decide right now what to
do and are struggling with it."

The May 25 deadline was set by U.S. Bankruptcy Judge Robert Kressel
and matches the date imposed by the state Legislature in the
Minnesota Child Victims Act.  The legislation opened a three-year
window for victims of child sexual abuse to file lawsuits that
would otherwise be barred by statutes of limitation, the report
related.

                    About Diocese Of Duluth

The Diocese of Duluth sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Minn. Case No. 15-50792) on Dec. 7,
2015.  The case is assigned to Judge Robert J Kressel.  

The Debtor's lead counsel is Bruce A Anderson, Esq., and J Ford
Elsaesser, Esq., at Elsaesser Jarzabek Anderson Elliott &
MacDonald, CHTD., in Sandpoint, Idaho.  The Debtor's local counsel
is Phillip Kunkel, Esq., at Gray, Plant, Mooty, Mooty & Bennett,
P.A., in St Cloud, Minnesota.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Rev.
James
Bissonette, vicar general.

A list of the Debtor's 18 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mnb15-50792.pdf  


ENCLAVE AT HILLSBORO: Solicitation Period Extended to June 20
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida has
extended, at the behest of Enclave at Hillsboro, LLC, et al., the
Debtors' exclusive period to solicit acceptances for a plan of
reorganization through and including June 20, 2016.

             About Enclave at Hillsboro, LLC, et al.

Enclave at Hillsboro, LLC, Hillsboro Mile Properties, LLC,
Antipodean Properties, LLC, Remi Hillsboro, LLC, Kerekes Land Trust
Properties, LLC, Estates of Boynton Waters Properties, LLC, Enclave
at Boynton Waters Properties, LLC and Lake Placid Waterfront
Properties, LLC own real property, which on a consolidated basis
are valued at $125,050,000 based on offers received and $66,781,178
based on the property tax assessed value.

Enclave at Boynton Waters Properties, LLC, et al., filed Chapter
11 bankruptcy petitions (Bankr. S.D. Fla. Case Nos. 15-26141,
15-26143, 15-26148, 15-26152, 15-26155, 15-26156, 15-26162 and
15-26165) on Sept. 8, 2015.  The petitions were signed by John B.
Kennelly as manager.  Erik P. Kimball is assigned to the
first-filed case (15-26141).

On Oct. 7, 2015, the Court ordered that the Debtor's cases will be
jointly administered under Lead Case No. 15-26155.

The Debtors own various parcels of real property that constitute
the collateral of the same secured lender, BI Boca Boynton
Portfolio, LLC.

The Debtors are represented by Bernice C. Lee, Esq., at Shraiberg,
Ferrara & Landau, P.A.


ENERGY FUTURE: 3rd Circuit Affirms Settlement Approval
------------------------------------------------------
The United States Court of Appeals, Third Circuit affirmed the
bankruptcy court's approval of a settlement entered into by the
debtors Energy Future Holdings Corp. ("EFH") and its subsidiaries,
including Energy Future Intermediate Holdings Corp. ("EFIH"), which
settled claims with certain creditors holding notes secured by a
lien on the debtors' assets.

Delaware Trust Company, as indenture trustee, had asserted that the
settlement involved a tender offer that is impermissible in
bankruptcy and that the settlement violates core principles of the
bankruptcy process.

The Third Circuit, however, found that the settlement was
consistent with bankruptcy law.

The case is In Re: ENERGY FUTURE HOLDINGS CORP., ET AL., Debtors
DELAWARE TRUST COMPANY f/k/a CSC Trust Company Delaware, as
Indenture Trustee, Appellant, No. 15-1591 (3rd Cir.).

A full-text copy of the Third Circuit's May 4, 2016 opinion is
available at https://is.gd/mF9RDg from Leagle.com.

                    About Energy Future

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

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

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

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

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

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

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

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

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

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


ENERGY XXI: Hires Andrews Kurth as Counsel to Gulf Coast Board
--------------------------------------------------------------
Energy XXI Ltd., and its debtor-affiliates seek permission from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Andrews Kurth LLP as special counsel for the Special Committee of
the Board of Energy XXI Gulf Coast, Inc.

The Debtors require Andrews Kurth to advise the Special Committee
regarding its fiduciary duties and board process generally and, in
particular, assist the Special Committee in the evaluation of the
potential restructuring of indebtedness and other obligations and
assets in connection with a broader potential financing,
recapitalization, reorganization, and/or restructuring transaction
of series of transactions related to the Debtors in these cases.

AK will be paid at these hourly rates:

      Attorneys                        $360-$1,190
      Paralegals                       $285-$375

Energy XXI Gulf Coast, Inc., paid Andrews Kurth an initial
prepetition retainer in the amount of $250,000 and on April 11,
2016, Andrews Kurth received an additional prepetition retainer in
the amount of $200,000.  The firm's total prepetition fees were
$267388.50. As of the Petition Date, the balance of the retainer
was $182,611.50

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

Robin Russell, Esq., an attorney and partner of law firm of
Andrews Kurth LLP, assured the Court that no attorneys at Andrews
Kurth has any connections with the Debtors, creditors, any other
party in interest, their respective attorneys and accountants, the
United States Trustee, any person employed on the office of the
United States Trustee, or any insider of the Debtors

Andrews Kurth can be reached at:

      Robin Russell, Esq.
      Andrews Kurth LLP
      600 Travis, Suite 4200
      Houston, TX 77002
      Phone: +1.713.220.4086
      Fax: +1.713.238.7192
      E-mail: rrussell@andrewskurth.com

                   About Energy XXI



Energy XXI Ltd was incorporated in Bermuda on July 25,
2005.  With its principal operating subsidiary headquartered in
Houston, Texas, Energy XXI is engaged in the acquisition,
exploration, development and operation of oil and natural gas
properties onshore in Louisiana and Texas and in the Gulf of Mexico
Shelf.  It is listed on the NASDAQ Global Select Market under the
symbol "EXXI".



Energy XXI Ltd and 25 of its affiliates filed on April 14,
2016, bankruptcy petitions in the U.S. Bankruptcy Court for the
Southern District of Texas (Bankr. S.D. Tex. Lead Case No.
16-31928).  The petitions were signed by Bruce W. Busmire, the
CFO.  Judge Karen K. Brown is assigned to the cases.



Energy XXI Ltd on April 14, 2016, also filed a winding-up petition
commencing an official liquidation proceeding under the laws of
Bermuda before the Supreme Court of Bermuda.



The Debtors sought bankruptcy protection after reaching a
deal
with lenders on the filing of a restructuring plan that
would convert $1.45 billion owed to second lien noteholders into
equity of the reorganized company.



The Debtors have hired Vinson & Elkins LLP as counsel, Gray
Reed & McGraw, P.C. as special counsel, Conyers Dill & Pearman as
Bermuda counsel, Locke Lord LLP as regulatory counsel, PJT Partners
LP as investment banker, Opportune LLP as financial advisor, Epiq
Systems, Inc., as notice and claims agent.

Wilmer Cutler Pickering Hale and Dorr LLP represents an ad hoc
group of certain holders and investment advisors and managers for
holders of obligations arising from the 8.25% Senior Notes due 2018
issued pursuant to that certain Indenture, dated as of Feb. 14,
2011, by and among EPL Oil & Gas, Inc., certain of EPL's
subsidiaries, as guarantors, and U.S. Bank National Association, as
trustee.

The Office of the U.S. Trustee on April 26 appointed five creditors
of Energy XXI Ltd. to serve on the official committee of unsecured
creditors.


ENERGY XXI: Hires Kirkland as Corporate & Compensation Counsel
--------------------------------------------------------------
Energy XXI Ltd., and its debtor-affiliates seek permission from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
special corporate and compensation counsel for the Debtors and
Debtors in Possession, nunc pro tunc April 14, 2016.

The Debtors require Kirkland to act as special corporate and
compensation counsel only upon the Debtors' request in accordance
with the terms and condition set forth in the Engagement Letter.

Kirkland will be paid at these hourly rates:

       Partners               $875-$1,445
       Of Counsel             $480-$1,445
       Associates             $510-$945
       Paraprofessionals      $180-$400

The Debtors paid $50,000 to Kirkland, which retainer, as stated in
the Engagement Letter, constituted an "advance payment retainer."

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

Chad J. Husnick, partner of the law firm of Kirkland & Ellis 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.

Kirkland can be reached at:

       Chad J. Husnick
       Kirkland & Ellis LLP and Kirkland & Ellis International LLP
       300 North LaSalle
       Chicago, Illinois 60654
       Phone: +1 312-862-2009
       Fax: +1 312-862-2200
       E-mail: chad.husnick@kirkland.com

                   About Energy XXI



Energy XXI Ltd was incorporated in Bermuda on July 25,
2005.  With its principal operating subsidiary headquartered in
Houston, Texas, Energy XXI is engaged in the acquisition,
exploration, development and operation of oil and natural gas
properties onshore in Louisiana and Texas and in the Gulf of Mexico
Shelf.  It is listed on the NASDAQ Global Select Market under the
symbol "EXXI".



Energy XXI Ltd and 25 of its affiliates filed on April 14,
2016, bankruptcy petitions in the U.S. Bankruptcy Court for the
Southern District of Texas (Bankr. S.D. Tex. Lead Case No.
16-31928).  The petitions were signed by Bruce W. Busmire, the
CFO.  Judge Karen K. Brown is assigned to the cases.



Energy XXI Ltd on April 14, 2016, also filed a winding-up petition
commencing an official liquidation proceeding under the laws of
Bermuda before the Supreme Court of Bermuda.



The Debtors sought bankruptcy protection after reaching a
deal
with lenders on the filing of a restructuring plan that
would convert $1.45 billion owed to second lien noteholders into
equity of the reorganized company.



The Debtors have hired Vinson & Elkins LLP as counsel, Gray
Reed & McGraw, P.C. as special counsel, Conyers Dill & Pearman as
Bermuda counsel, Locke Lord LLP as regulatory counsel, PJT Partners
LP as investment banker, Opportune LLP as financial advisor, Epiq
Systems, Inc., as notice and claims agent.

Wilmer Cutler Pickering Hale and Dorr LLP represents an ad hoc
group of certain holders and investment advisors and managers for
holders of obligations arising from the 8.25% Senior Notes due 2018
issued pursuant to that certain Indenture, dated as of Feb. 14,
2011, by and among EPL Oil & Gas, Inc., certain of EPL's
subsidiaries, as guarantors, and U.S. Bank National Association, as
trustee.

The Office of the U.S. Trustee on April 26 appointed five creditors
of Energy XXI Ltd. to serve on the official committee of unsecured
creditors.


EPICOR SOFTWARE: Bank Debt Trades at 4% Off
-------------------------------------------
Participations in a syndicated loan under Epicor Software Corp is a
borrower traded in the secondary market at 96.58
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.76 percentage points from the
previous week.  Epicor Software pays 375 basis points above LIBOR
to borrow under the $1.4 billion facility. The bank loan matures on
May 25, 2022 and carries Moody's B2 rating and Standard & Poor's B
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


EXTREME PLASTICS: Stipulates to Lift Automatic Stay
---------------------------------------------------
Extreme Plastics Plus, Inc., has entered into a stipulation with
People's Capital Leasing Corp.; Trinity, a division of Bank of the
West; and EH National Bank to resolve motions for relief from the
automatic stay.

People's Capital, EH National and Trinity collectively assert a
first-priority security interest in 1,680 Megadeck HD rig mats
which the Debtors acquired in July 2014 through sale/leaseback
transactions.

The Debtors and the Mat Counterparties have entered into a
stipulation resolving the pending Lift Stay Motions and the Trinity
Objection, pursuant to which the 1,680 rig mats would be returned
to the Mat Counterparties.

In addition to the parties to the stipulation, the Stipulation and
Proposed Order were circulated to counsel for Citizens Bank, N.A.,
as Agent to the Debtors' secured lenders, and to counsel for the
Creditors Committee, and neither have any objection to its entry.

                      About Extreme Plastics

Founded in 2007, privately-held Extreme Plastics Plus, Inc.,
operates an environmental containment business specializing in
providing environmental lining, above ground storage tanks,
composite rig mats, secondary steel wall containment systems, and
closed loop solids control services, primarily for the oil and gas
industry.  Extreme Plastics has six facilities in Fairmont, West
Virginia, Tunkhannock, Pennsylvania, St. Clairsville, Ohio, Moore,
Texas, Odessa, Texas, and Oklahoma City, Oklahoma.

The stock of Extreme Plastics is held entirely by EPP Intermediate
Holdings, Inc.  The stock of EPP Intermediate is held entirely by
EPP Holding Company, LLC, a non-debtor.

Extreme Plastics, and affiliate EPP Intermediate Holdings, Inc.,
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
16-10221) on Jan. 31, 2016, as the ongoing decline in the price of
oil and natural gas negatively impacted demand of the Debtors'
services.

Extreme Plastics estimated $10 million to $50 million in assets and
$50 million to $100 million in debt.  EPP Intermediate estimated $1
million to $10 million in assets and $50 million to $100 million in
debt.

As of the Petition Date, Extreme Plastics owes $49.5 million under
a secured facility provided by lenders led by Citizens Bank of
Pennsylvania, as agent.  The facility is secured by a lien in
substantially all of the Debtors' assets, as well as a pledge of
100% of the equity in Extreme Plastics and EPP Intermediate.

The Debtors tapped Sullivan Hazeltine Allinson LLC as attorneys and
Epiq Bankruptcy Solutions, LLC, as claims and noticing agent.

The U.S. Trustee has appointed five members to the Official
Committee of Unsecured Creditors.  The Committee selected Reed
Smith LLP as counsel.


FANTASEA ENTERPRISES: Selling Royal Princess to WNB for $900K
-------------------------------------------------------------
Fantasea Enterprises, Inc., on May 18, 2016, asks the U.S.
Bankruptcy Court for the Central District of California, Santa Ana
Division, for an order approving the sale of Debtor's Passenger Day
Vessel P/V ROYAL PRINCESS, documented with the United States Coast
Guard under Official Number #1088916 (the "Royal Princess"), free
and clear of liens, claims, interests and encumbrances.

The Debtor has received an offer from Waterfront Newport Beach, LLC
(the "WNB") to purchase the Debtor's Passenger Day Vessel P/V ROYAL
PRINCESS, free and clear of liens, claims, interests and
encumbrances for $900,000.

The Sale Agreement reflects the highest and best offer the Debtor
has received for the purchase of the Royal Princess to date. The
Debtor anticipates the sale will generate sufficient funds to the
estate that along with the funds already on hand, Debtor will be
able to pay in full a 100% dividend to all allowed administrative,
priority, and general unsecured claims.  The Sale is subject to
Court approval and overbid.

Debtor has engaged in extensive marketing of Royal Princess. Debtor
posted advertisements listing the Royal Princess for sale in
multiple trade publications and relevant merchant advertising
media.  The Debtor received no offers to purchase Royal Princess
other than the offer made by WNB.

Any interested party, other than the Buyer (who is deemed to be a
Qualified Bidder), must satisfy the requirements, including that a
qualified bid must be in a minimum amount of $950,000, to qualify
as a potential overbidder.  If Debtor determines in its reasonable
discretion that it has received one or more Qualified Bids, then
the Debtor will file a Notice so stating and an auction (the
"Auction") shall be held.  The Auction, as well as the sale
hearing, will be held before the Bankruptcy Court on June 8, 2016,
10 AM, Ctrm 5B, 411 West Fourth St., Santa Ana, CA 92701.

                    About Fantasea Enterprises

Fantasea Enterprises, Inc., doing business as Pacific Avalon Yacht
Charters, sought Chapter 11 protection (Bankr. C.D. Cal. Case No.
14-17376) on Dec. 23, 2014.  The Honorable Judge Theodor C. Albert
is assigned to the case.

Fantasea Enterprises is represented by:

         Ahren A. Tiller, Esq.
         Brian J. McGoldrick, Esq.
         BANKRUPTCY LAW CENTER, APC
         1230 Columbia St. Ste 1100
         San Diego, CA 92101
         Tel: (800) 492-4033
         Fax: (866) 444-7026
         E-mail: atiller@blc-sd.com


FAST LANE SUPERSTORE: Case Summary & 7 Unsecured Creditors
----------------------------------------------------------
Debtor: Fast Lane Superstore, LLC
        378 Hwy 155 South
        McDonough, GA 30253

Case No.: 16-58964

Chapter 11 Petition Date: May 23, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Rodney L. Eason, Esq.
                  THE EASON LAW FIRM
                  Suite 200
                  6150 Old National Highway
                  College Park, GA 30349-4367
                  Tel: 770-909-7200
                  Fax: 770-909-0644
                  E-mail: reason@easonlawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sherif Riad, president.

A list of the Debtor's seven largest unsecured creditors is
available for free at http://bankrupt.com/misc/ganb16-58964.pdf


FEDERAL-MOGUL CORP: Bank Debt Trades at 4% Off
----------------------------------------------
Participations in a syndicated loan under which Federal-Mogul Corp
is a borrower traded in the secondary market at 96.00
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.25 percentage points from the
previous week.  Federal-Mogul pays 300 basis points above LIBOR to
borrow under the $0.7 billion facility. The bank loan matures on
April 4, 2018 and carries Moody's B1 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


FINJAN HOLDINGS: Confirms Patentability of Two US Patents
---------------------------------------------------------
Finjan Holdings, Inc., announced two recent, favorable decisions by
the U.S. Patent and Trademark Office regarding its U.S. Patent Nos.
6,154,844 and 7,647,633, as both patents survive multiple
challenges from various defendants.

"Finjan has endured and will continue to endure numerous repeated
and overlapping validity challenges to our asserted patents by our
various litigants and prospective licensees," stated Finjan
Holdings' Chief IP Officer and VP, Legal, Julie Mar-Spinola.
"Though painful and expensive, the silver lining to all these
contests is that proving up the durability and value of Finjan's
cybersecurity technology patent portfolio was accelerated."

First, on May 16, 2016, the USPTO issued an Ex Parte Reexamination
Certificate for Finjan's U.S. Patent No. 6,154,844 C1, entitled
"System and Method for Attaching a Downloadable Security Profile to
a Downloadable," without amendment to the original '844 Patent. In
particular, the USPTO confirmed the patentability of Claims 32 and
42 over prior art submited by Proofpoint, Inc., thereby rendering
the '844 Patent as originally issued intact and enforceable.  A
complete listing of prior art documents cited during the proceeding
for Reexamination Control Number 90/013,633 is available at the
USPTO's website (www.USPTO.gov), under the Display References tab.

The '844 Patent has survived several rounds of challenges by
various parties accused of infringing Finjan's patents, and in
different forums.  In addition to Proofpoint's unsuccessful Ex
Parte Reexamination attempt, Symantec Corporation also failed to
invalidate the '844 Patent when the USPTO's Patent Trial and Appeal
Board rejected its Petition for Inter Partes Review on March 11,
2016.  Significantly, after a 2-week trial in July 2015, the US
District Court for the Northern District of California found, among
other Finjan asserted patents, the '844 Patent valid and infringed
by Blue Coat Systems, Inc. and entered judgment of $39.5M against
Blue Coat, of which $24M was for infringing the '844 Patent.  The
'844 Patent is also asserted against FireEye, Inc., Sophos Ltd.,
and -- in a second, separate lawsuit -- Blue Coat.

Second, on May 10, 2016, the USPTO issued its Notice of Intent to
Issue Ex Parte Reexamination Certificate for Finjan's U.S. Patent
No. 7,647,633, entitled "Malicious Mobile Code Runtime Monitoring
System and Methods," also without amendment to the original '633
Patent.  In particular, the USPTO confirmed the patentability of
Claims 8 and 12 over prior art submitted by Proofpoint.
Accordingly, the 633 Patent, as originally issued, remains intact
and enforceable.  A complete listing of prior art documents cited
during the proceeding for Reexamination Control Number 90/013,652
is also available at the USPTO's website, under the Display
References tab. In the July 2015 trial, Finjan was awarded $1.7M in
damages for Blue Coat System's infringement of the '633 Patent.
Certain claims of the ‘633 Patent, other than Claims 8 and 12,
are also being directly challenged in separate USPTO proceedings by
FireEye and Palo Alto Networks, Inc.

Finjan also has pending infringement lawsuits against FireEye,
Inc., Palo Alto Networks, Inc., Proofpoint Inc., Sophos, Ltd., and
Blue Coat Systems, Inc. relating to, collectively, more than 20
patents in the Finjan portfolio. The court dockets for the
foregoing cases are publicly available on the Public Access to
Court Electronic Records (PACER) website, www.pacer.gov, which is
operated by the Administrative Office of the U.S. Courts.

                           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 March 31, 2016, Finjan Holdings had $8.10 million in total
assets, $2.78 million in total liabilities and $5.32 million in
total stockholders' equity.


FIREBIRD ENTERPRISES: Hires Dennis & Co. as Accountants
-------------------------------------------------------
Firebird Enterprises LLC seeks permission from the U.S. Bankruptcy
Court for the District of Colorado to employ Mark Dennis, CPA of
Dennis & Company, PC as accountants.

The Debtor requires Dennis & Company to:

     a. review and perhaps audit the Debtor's books and records;

     b. prepare federal and state income tax returns; and

     c. otherwise address accounting matters, such as those related
to federal, state, and local tax reporting and preparing accurate
financial statements and Monthly Operating Reports.

Dennis & Co. will be paid at these hourly rates:

     Mark Dennis                  $200
     Dave Dennis                  $250
     Administrative Support       $80

The Debtor has paid Dennis & Company postpetition in the amount of
$3,000.

Mark Dennis, CPA of Dennis & Company, PC, 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.

Dennis & Co. may be reached at:

         Mark Dennis, CPA
         Dennis & Company, PC
         8400 East Crescent Parkway, Suite 600
         Greenwood Village, CO 80111
         Tel: (720)528-4087

Firebird Enterprises LLC is a franchisee of Phenix Salon Suites
doing business as Phenix Salon Suites Westminster.  It provides
developed commercial space in Westminster, Colorado for salon
professionals to conduct their business.  Its prime lease is with
lessor 112th and Sheridan Development, LLC.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Colo. Case No. 16-14455) on May 5, 2016.  The Debtor is represented
by its bankruptcy counsel Kevin S. Neiman, Esq., at the Law Offices
of Kevin S. Neiman, PC.


FLORIDA MODIFICATION: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Florida Modification Specialists, LLC
           dba FMS
        3445 Aircraft Drive
        Lakeland, FL 33811

Case No.: 16-04455

Chapter 11 Petition Date: May 23, 2016

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

Debtor's Counsel: Keith Merritt, Esq.
                  MERRITT LAW OFFICES, P.A.
                  PO Box 92412
                  Lakeland, FL 33804
                  Tel: 863-683-3333
                  Fax: 863-937-9333
                  E-mail: bk@merrittlawoffice.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Donald Bruce, manager.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb16-04455.pdf


FOG CAP RETAIL: Hires SRS Real Estate Partners as Marketing Agent
-----------------------------------------------------------------
Fog Cap Retail Investors LLC seeks permission from the U.S.
Bankruptcy Court for the District of Colorado to employ SRS Real
Estate Partners as marketing agent for the Debtor.

The Debtor requires SRS to:

     a. prepare an information memorandum describing the Debtor,
its existing  contracts, and anticipated financial results;

     b. assist in evaluating the financial and business terms of
any letter of intent related to a potential sale;

     c. assist the Debtor in developing a list of suitable
potential buyers who will be contacted after approval;

     d. coordinate the execution of confidentiality agreements for
potential buyers wishing to review the information memorandum;

     e. solicit competitive offers from potential buyers;

     f. provide business advice and assistance to the Debtor, from
time to time, as it may request, on matters relating to a sale;

     g. assist the Debtor in analyzing and evaluating al purchase
proposals and offers from potential buyers;

     h. advise and assist the Debtor in sale negotiations as a
representative of the Debtor;

     i. provide expert advice and testimony in support of a sale;
and

     j. otherwise, assist the Debtor, and its counsel, as
necessary, through closing on a best efforts basis.

The Debtor has agreed to pay SRS:

     a. 4% of the gross sales price of the property sold if the
commission fee is to be split with a co-broker/agent representing a
buyer(s), including other broker within SRS;

     b. 3% of the gross sales price of the property sold if the
buyer(s) is also represented by listing agents Patrick Luther
and/or Matthew Mousavi; and

     c. the total commission for a sale shall be paid at the
closing of the transaction.

Garrett Colburn, EVO and Market Leader of SRS Real Estate Partners,
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.

SRS may be reached at:

        Garrett Colburn
        SRS Real Estate Partners
        8343 Douglas Avenue, Suite 200
        Dallas, TX 75225
        Phone: 214.560.3200
        E-mail: garrett.colburn@srsre.com

Fog Cap Retail Investors LLC, based in Denver, Colorado, filed a
Chapter 11 petition (Bankr. D. Colo. Case No. 16-13817) on April
20, 2016.  Hon. Thomas B. McNamara presides over the case.  James
T. Markus, Esq., at Markus Williams Young & Zimmermann LLC, serves
as counsel to the Debtor.  In its petition, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The
petition was signed by Steven C. Petrie, chief executive officer.

SBN Fog Cap II LLC, based in Denver, Colorado, filed a Chapter 11
petition (Bankr. D. Colo. Case No. 16-13815) on April 20, 2016.
Hon. Thomas B. McNamara presides over the case.  James T. Markus,
Esq., at Markus Williams Young & Simmermann LLC, serves as counsel
to the Debtor.  In its petition, the Debtor estimated $1 million to
$10 million in assets and $100,000 to $500,000 in liabilities.  The
petition also was signed by Steven C. Petrie, chief executive
officer.


FOREST PARK FORTH WORTH: PCO Submits Second Interim Report
----------------------------------------------------------
Susan N. Goodman, the Patient Care Ombudsman appointed for Forest
Park Medical Center at Fort Worth, LLC, submitted a Second Interim
report dated May 12, 2016.

PCO did not observe circumstances or data suggesting patient-care
quality decline or compromise.  Yet PCO would describe Debtors'
current state as "stable but tenuous" given the significant anxiety
expressed by front-line staff regarding continued operations
depending on sale auction results.  These concerns go so far as to
include a pregnant team member scheduling a labor induction due to
fear surrounding ongoing insurance coverage after May 31st.

Since PCO's initial site visit, the COO/CFO, lab director, and
radiology director have departed.  While the reorganization process
may have had some impact on the timing of these resignations, they
are viewed as largely operational in nature representing
opportunity for increased responsibility and career advancement.
These vacancies have not been filled and coverage is provided by
outside restructuring and departmental staff respectively.

Patient-care staff departures, to date, are minimal and operational
in nature.  Some short-term vacancies are reported related to staff
leave-of absence needs.  Abrupt departures are anticipated
depending on the outcome of the sale auction due to the belief that
one potential buyer is only interested in the real estate, and the
report that the shared services company employing staff will cease
operations May 20th.

Surgical volumes from February through April were stable at just
under 200 cases per month with about 10% of the volume requiring
short inpatient stays.  Average length of stay for inpatients
remains stable at approximately two days.  On the date of PCO's
visit, inpatient volume ranged from 3 to 6 patients.

PCO reviewed quality assurance and performance improvement (QA/PI)
data available to date, with some PI data for April not yet
finalized.  PCO agreed with Debtor's assessment of this data and
its follow-up/correction plans for that data suggesting a need for
either a corrective action or process adjustment.

Supply availability was reported as "increasingly tight" yet
manageable.  OR department leadership denied procedure
cancellations due to supply issues.  Physician feedback was
consistent with this perspective.

Lab staff reported being current on required competencies and
proficiencies despite their director's departure.  Radiology, staff
education, HIM, infection control, charge capture, EVS, and IT
staff all reported service line operations as largely status quo
relative to PCO's last visit.

One x-ray machine required repair since PCO's last visit, provided
through a third-party vendor given the lapse in PM (preventative
maintenance) coverage that is typical in a reorganization process.

According to the PCO, the employee concerns regarding future
hospital viability were palpable this site visit.  Staff described
the sale auction experience as personal because most have been at
the facility since its inception and believe in the hospital's
mission to create a superior patient experience compared to what is
possible in large-hospital systems.  Staff reported being less than
two-weeks away from not knowing if they would have a job.  Staff
needing planned or unplanned procedures are rushing to get
appointments before the end of May fearing the loss of insurance
coverage at month-end.  They are praying for absolute clarity on
continued operations from the auction process and fearful that a
negative outcome is possible, perhaps even probable.  And, amidst
all of this staff uncertainty and fear, patient interviews remain
incredibly positive.  One family member summarized all of PCO's
patient interviews perfectly, stating "This hospital makes it hard
to want to go anywhere else!"

The Patient Care Ombudsman can be reached at:

         Susan N. Goodman, Esq.
         MESCH CLARK ROTHSCHILD
         259 North Meyer Avenue
         Tucson, Arizona 85701
         Tel: (800) 647-8886 ext 141
         Fax: (520) 798-1037
         E-mail: sgoodman@mcrazlaw.com

                     About Forest Park Medical

Forest Park Medical Center at Fort Worth, LLC is a doctor-owned
Texas limited liability company that owns and operates the Forest
Park Medical Center, a state of the art medical facility, including
private rooms, family suites and intensive care rooms located in
West Fort Worth, Texas.  The hospital employs 175 persons on a
full-time or part-time basis.  The hospital offers a broad range of
surgical services.

Forest Park Medical Center at Fort Worth filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 16-40198) in Ft.
Worth, Texas, on Jan. 10, 2016.  Judge Russell F. Nelms presides
over the case.

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

J. Robert Forshey, Esq., and Jeff P. Prostok, Esq., at Forshey &
Prostok, LLP, serve as the Debtor's Chapter 11 counsel.  Ronald
Winters at Alvarez & Marsal Healthcare Industry Group, LLC serves
as the Debtor's CRO.  The Debtor tapped SSG Advisors, LLC and
Chiron Financial Group, Inc. as co-investment bankers.

Vibrant Healthcare Fort Worth, LLC and FPMC Services, LLC run the
Debtor's hospital in Forth Worth.  Vibrant is the manager of the
hospital operations of Debtor, and FPMC Services employs the
employees at Debtor's hospital and those dedicated to servicing the
hospital's "back office" operations.  They are represented by
William A. Brewer III, Esq., Michael J. Collins, Esq., and Robert
M. Millimet, Esq., at Brewer, Attorneys & Counselors.

An Official Committee of Unsecured Creditors has been appointed in
this case by the United States Trustee, and is represented by Cole
Schotz PC and Arent Fox, LLP lawyers.


FOREST PARK FORTH WORTH: PCO Submits Second Interim Report
----------------------------------------------------------
Susan N. Goodman, the Patient Care Ombudsman (PCO) appointed for
Forest Park Medical Center at Fort Worth, LLC, submitted a Second
Interim report dated May 12, 2016.

PCO did not observe circumstances or data suggesting patient-care
quality decline or compromise.  Yet PCO would describe Debtors'
current state as "stable but tenuous" given the significant anxiety
expressed by front-line staff regarding continued operations
depending on sale auction results.  These concerns go so far as to
include a pregnant team member scheduling a labor induction due to
fear surrounding ongoing insurance coverage after May 31st.

Since PCO's initial site visit, the COO/CFO, lab director, and
radiology director have departed.  While the reorganization process
may have had some impact on the timing of these resignations, they
are viewed as largely operational in nature representing
opportunity for increased responsibility and career advancement.
These vacancies have not been filled and coverage is provided by
outside restructuring and departmental staff respectively.

Patient-care staff departures, to date, are minimal and operational
in nature.  Some short-term vacancies are reported related to staff
leave-of absence needs.  Abrupt departures are anticipated
depending on the outcome of the sale auction due to the belief that
one potential buyer is only interested in the real estate, and the
report that the shared services company employing staff will cease
operations May 20th.

Surgical volumes from February through April were stable at just
under 200 cases per month with about 10% of the volume requiring
short inpatient stays.  Average length of stay for inpatients
remains stable at approximately two days. On the date of PCO's
visit, inpatient volume ranged from 3 – 6 patients.

PCO reviewed quality assurance and performance improvement (QA/PI)
data available to date, with some PI data for April not yet
finalized.  PCO agreed with Debtor's assessment of this data and
its follow-up/correction plans for that data suggesting a need for
either a corrective action or process adjustment.

Supply availability was reported as "increasingly tight" yet
manageable.  OR department leadership denied procedure
cancellations due to supply issues.  Physician feedback was
consistent with this perspective.

Lab staff reported being current on required competencies and
proficiencies despite their director's departure.  Radiology, staff
education, HIM, infection control, charge capture, EVS, and IT
staff all reported service line operations as largely status quo
relative to PCO's last visit.

One x-ray machine required repair since PCO's last visit, provided
through a third-party vendor given the lapse in PM (preventative
maintenance) coverage that is typical in a reorganization process.

According to the PCO, the employee concerns regarding future
hospital viability were palpable this site visit.  Staff described
the sale auction experience as personal because most have been at
the facility since its inception and believe in the hospital's
mission to create a superior patient experience compared to what is
possible in large-hospital systems.  Staff reported being less than
two-weeks away from not knowing if they would have a job.  Staff
needing planned or unplanned procedures are rushing to get
appointments before the end of May fearing the loss of insurance
coverage at month-end.  They are praying for absolute clarity on
continued operations from the auction process and fearful that a
negative outcome is possible, perhaps even probable.  And, amidst
all of this staff uncertainty and fear, patient interviews remain
incredibly positive.  One family member summarized all of PCO's
patient interviews perfectly, stating "This hospital makes it hard
to want to go anywhere else!"

The Patient Care Ombudsman can be reached at:

         Susan N. Goodman, Esq.
         Mesch Clark Rothschild
         259 North Meyer Avenue
         Tucson, Arizona 85701
         Tel: (800) 647-8886 ext 141
         Fax: (520) 798-1037
         E-mail: sgoodman@mcrazlaw.com

                     About Forest Park Medical

Forest Park Medical Center at Fort Worth, LLC is a doctor-owned
Texas limited liability company that owns and operates the Forest
Park Medical Center, a state of the art medical facility, including
private rooms, family suites and intensive care rooms located in
West Fort Worth, Texas.  The hospital employs 175 persons on a
full-time or part-time basis.  The hospital offers a broad range of
surgical services.

Forest Park Medical Center at Fort Worth filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 16-40198) in Ft.
Worth, Texas, on Jan. 10, 2016.  Judge Russell F. Nelms presides
over the case.

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

J. Robert Forshey, Esq., and Jeff P. Prostok, Esq., at Forshey &
Prostok, LLP, serve as the Debtor's Chapter 11 counsel.  Ronald
Winters at Alvarez & Marsal Healthcare Industry Group, LLC serves
as the Debtor's CRO.  The Debtor tapped SSG Advisors, LLC and
Chiron Financial Group, Inc. as co-investment bankers.

Vibrant Healthcare Fort Worth, LLC and FPMC Services, LLC run the
Debtor's hospital in Forth Worth.  Vibrant is the manager of the
hospital operations of Debtor, and FPMC Services employs the
employees at Debtor's hospital and those dedicated to servicing the
hospital's "back office" operations.  They are represented by
William A. Brewer III, Esq., Michael J. Collins, Esq., and Robert
M. Millimet, Esq., at Brewer, Attorneys & Counselors.

An Official Committee of Unsecured Creditors has been appointed in
this case by the United States Trustee, and is represented by Cole
Schotz PC and Arent Fox, LLP lawyers.


FOREST PARK, FORT WORTH: Methodist Health Offers to Buy Assets
--------------------------------------------------------------
Forest Park Medical Center At Forth Worth, LLC, asked the U.S.
Bankruptcy Court for the Northern District of Texas, Forth Worth
Division, for an expedited hearing on its motion to sell
substantially all assets.

The Debtor, a doctor-owned Texas limited liability company that
owns and operates a 54-bed state-of-the-art medical facility,
including 32 private rooms, 16 family suites, and 6 intensive care
beds in Fort Worth, received and executed a non-binding letter of
intent dated March 30, 2016 from Methodist Hospitals of Dallas
d/b/a Methodist Health System to acquire substantially all of the
Debtor's assets through a court approved sale pursuant to section
363 of the Bankruptcy Code.  The Debtor and Methodist Health System
are in the process of preparing the formal Asset Purchase
Agreement, which will be made available for review once it is
finalized.

The Debtor cannot continue operating indefinitely and fund a
reorganization plan that will pay all creditors in full.  Absent a
sale of substantially all assets, the Debtor expects that at some
point in the near future operations would have to cease and this
case would become a pure liquidation case.

The Buyer has represented that it is not interested in acquiring
the Debtor's assets if the Debtor is forced to close the hospital.
Accordingly, in a liquidation scenario, the value of the Debtor's
assets would decline -- to the detriment of all parties in
interest. Cessation of operations would also result in the loss of
jobs of the Debtor's employees.

The consideration for the Purchased Assets will be comprised of the
following (collectively, the "Purchase Price"): (i) assumption by
Buyer, in its sole discretion, of any Assumed Liabilities set forth
in the APA; plus (ii) $3,000,000 (the "Cash Purchase Price"); plus
(iii) the aggregate cure amounts as agreed to by Buyer in its sole
discretion; plus (iv) the amounts necessary for the Capital Lease
Payoffs (as defined in the APA) in the Buyer's sole discretion;
plus (v) accrued but unpaid employee obligations including wages,
benefits and PTO.

The Debtor will seek entry by the Bankruptcy Court of an order
approving the payment of a break-up fee in an amount of $250,000
(the "Breakup Fee") payable to Methodist Hospitals in the event the
Debtor sells the assets to another party.

The Debtor is represented by:

          J. Robert Forshey, Esq.
          Jeff P. Prostok, Esq.
          FORSHEY & PROSTOK LLP
          777 Main St., Suite 1290
          Ft. Worth, TX  76102
          Telephone: (817)877-8855
          Facsimile: (817)877-4151
          E-mail: bforshey@forsheyprostok.com
                  jprostok@forsheyprostok.com

                     About Forest Park Medical

Forest Park Medical Center at Fort Worth, LLC is a doctor-owned
Texas limited liability company that owns and operates the Forest
Park Medical Center, a state of the art medical facility,
including
private rooms, family suites and intensive care rooms located in
West Fort Worth, Texas.  The hospital employs 175 persons on a
full-time or part-time basis.  The hospital offers a broad range
of
surgical services.

Forest Park Medical Center at Fort Worth filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 16-40198) in Ft.
Worth, Texas, on Jan. 10, 2016.  Judge Russell F. Nelms presides
over the case.

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

J. Robert Forshey, Esq., and Jeff P. Prostok, Esq., at Forshey &
Prostok, LLP, serve as the Debtor's Chapter 11 counsel.  Ronald
Winters at Alvarez & Marsal Healthcare Industry Group, LLC serves
as the Debtor's CRO.  The Debtor tapped SSG Advisors, LLC and
Chiron Financial Group, Inc. as co-investment bankers.

Vibrant Healthcare Fort Worth, LLC and FPMC Services, LLC run the
Debtor's hospital in Forth Worth.  Vibrant is the manager of the
hospital operations of Debtor, and FPMC Services employs the
employees at Debtor's hospital and those dedicated to servicing
the
hospital's "back office" operations.  They are represented by
William A. Brewer III, Esq., Michael J. Collins, Esq., and Robert
M. Millimet, Esq., at Brewer, Attorneys & Counselors.

An Official Committee of Unsecured Creditors has been appointed in
this case by the United States Trustee, and is represented by Cole
Schotz PC and Arent Fox, LLP lawyers.


FOREST PARK: Hires Brusniak as Tax Consultant
---------------------------------------------
Forest Park Medical Center, LLC seeks permission from the U.S.
Bankruptcy Court for the Eastern District of Texas to employ
Brusniak Property Tax Attorneys as Tax Consultant.

The Debtor requires the Firm to:

     a. evaluate and reduce the estate's property tax liability;
and

     b. assist and represent the Debtor in any property tax related
matters.

The Firm will be paid at these hourly rates:
       
        John Brusniak               $560
        David Kline                 $355
        Tracey M. Turner            $335
        Legal Assistants            $185

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

John Brusniak of Brusniak Property Tax Attorneys, 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 Firm can be reached at:
  
       John Brusniak
       Brusniak Property Tax Attorneys
       13155 Noel Road, Suite 1850
       Dallas, TX 75240
       Telephone: (972)250-6363

                    About Forest Park



Forest Park Medical Center, LLC, based in Dallas, Texas,
sought
Chapter 11 bankruptcy protection (Bankr. E.D. Tex. Case
No.
16-40302) on February 21, 2016.  The Debtor estimated $10
million to $50 million in both assets and liabilities.  The
petition was signed by David Genecov, chairman of the Board of
Managers.  Howard Marc Spector, Esq., at Spector & Johnson PLLC,
serves as counsel to the Debtor.


FPUSA LLC: Court Stays M-I's Infringement Suit
----------------------------------------------
Due to the Suggestion of Bankruptcy filed by FPUSA, LLC, Judge
David A. Ezra of the United States District Court for the Western
District of Texas, San Antonio Division, ordered the administrative
closure of the infringement case captioned M-I LLC, Plaintiff, v.
FPUSA, LLC, Defendant, No. 5:15-CV-406 (W.D. Tex.).  The case "may
be reopened upon request of the parties or on the court's own
motion."

A full-text copy of Judge Ezra's April 26, 2016 order is available
at https://is.gd/MPSh6O from Leagle.com.

M-I LLC is represented by:

          John R. Keville, Esq.
          Joshua L. Collins, Esq.
          Michelle C. Replogle, Esq.
          Robert L. Green, Esq.
          WINSTON & STRAWN LLP
          1111 Louisiana Street, 25th Floor
          Houston, TX 77002-5242
          Tel: (713)651-2600
          Fax: (713)651-2700
          Email: jkeville@winston.com
                 jlcollins@winston.com
                 mreplogle@winston.com
                 rlgreen@winston.com

            -- and --

          Ted D. Lee, Esq.
          GUNN, LEE & CAVE, P.C.
          300 Convent, Suite 1080
          San Antonio, TX 78205
          Tel: (210)886-9500
          Fax: (210)886-9883
          Email: ted.lee@gunn-lee.com

FPUSA, LLC is represented by:

          Andrew W. Zeve, Esq.
          Christopher L. Dodson, Esq.
          Douglas F. Stewart, Esq.
          Richard C. Danysh, Esq.
          Sean Gorman, Esq.
          Stephen B. Crain, Esq.
          BRACEWELL & GIULIANI LLP
          711 Louisiana Street, Suite 2300
          Houston, TX 77002-2770
          Tel: (713)223-2300
          Fax: (800)404-3970
          Email: andrew.zeve@bracewelllaw.com
                 chris.dodson@bracewelllaw.com
                 doug.stewart@bracewelllaw.com
                 richard.danysh@bracewelllaw.com
                 sean.gorman@bracewelllaw.com
                 stephen.crain@bracewelllaw.com

            -- and --

          John Allen Yates, Esq.
          HOGAN LOVELLS US LLP
          700 Louisiana Street, Suite 4300
          Houston, TX 77002
          Tel: (713)632-1400
          Fax: (713)632-1401
          Email: jay.yates@hoganlovells.com

FP Marangoni Inc. is represented by:

          Andrew W. Zeve, Esq.
          Sean Gorman, Esq.
          Stephen B. Crain, Esq.
          BRACEWELL & GIULIANI LLP
          711 Louisiana Street, Suite 2300
          Houston, TX 77002-2770
          Tel: (713)223-2300
          Fax: (800)404-3970
          Email: andrew.zeve@bracewelllaw.com  
                 sean.gorman@bracewelllaw.com
                 stephen.crain@bracewelllaw.com

Alan F. Levin is represented by:

          Alan F. Levin, Esq.
          LEVIN, ROTH & KASNER
          11 Greenway Plaza Suite 500
          Houston, TX 77046
          Tel: (713)877-1600
          Fax: (713)439-1500
          Email: alevin@levin-legal.com


FRED FULLER OIL: Employs Tamposi as Counsel
-------------------------------------------
Fred Fuller Oil & Propane Co., Inc., sought and obtained permission
from the U.S. Bankruptcy Court for the District of New Hampshire to
employ Tamposi Law Group, P.C. as counsel to the Debtor.

Fred Fuller Oil requires Tamposi to convert the Debtor's case to
Chapter 7, assenting to the US Trustee's motion to convert, and
taking such other actions as are necessary or appropriate during
the period prior to the Chapter 7 conversion, including seeking
allowance of the Rymes Settlement Motion.

The Debtor, on January 27, 2016, reported several claims against
Mr. Fuller and related parties. Mr. Fuller has also asserted
administrative claims totaling $6.824 Million against the Debtor.
Mr. Fuller is the sole director of the Debtor. These circumstances
create obvious difficulties for the Debtor's corporate governance
in the context of the Chapter 11 case.

The Debtor has concluded that these difficulties can and should be
resolved through conversion of the case to Chapter 7, such that an
independent and non-conflicted fiduciary for the estate may
determine how to proceed in regard to claims by and against Mr.
Fuller and related parties.

Tamposi will be paid at these hourly rates:

     Attorneys              $125-$400
     Paralegals             $125-$400

The Debtor will pay Tamposi a retainer in the amount of $5,000.

Due to the unusual duties of Tamposi, that is, converting the case
to a case under Chapter 7, under circumstances that could lead to
administrative insolvency, Tamposi is requesting that the $5,000.00
retainer is not subject to disgorgement other than for the
wrongdoing or malfeasance.

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

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

Tamposi can be reached at:

     Peter N. Tamposi, Esq.
     THE TAMPOSI LAW GROUP, P.C.
     159 Main St.
     Nashua, NH 03060
     Tel: (603) 204-5513
     E-mail: peter@thetamposilawgroup.com

                    About Fred Fuller Oil

Hudson, New Hampshire-based Fred Fuller Oil & Propane Co., Inc.,
was the largest heating oil company in the state, serving about
30,000 New Hampshire customers.   It sought Chapter 11 protection
(Bankr. D. N.H. Case No. 14-12188) in Manchester, New Hampshire, on
Nov. 10, 2014. Fredrick J. Fuller, the president, signed the
bankruptcy petition.

The Debtor estimated $10 million to $50 million in assets and debt.
The Nov. 10, 2014 court filing shows that the Debtor has about
$13.5 million in debt.

William S. Gannon, Esq., at William S. Gannon PLLC, in Manchester,
serves as counsel to the Debtor.

On Feb. 12, 2015, the Office of the U.S. Trustee appointed a
three-member Official Committee of Unsecured Creditors. The
Committee selected Brinkman Portillo Ronk, APC, as its counsel with
Deming Law Office acting "of counsel."

                           *     *     *

The Court on Nov. 26, 2014, entered an order authorizing the Debtor
to sell substantially all assets to Rymes Heating Oil, Inc. The
Order called for Rymes to assume the liability and responsibility
for performing the Debtor's liabilities under the "Pre-Buy/Budget
Contracts," and to deliver fuel to their homes without further
cost. Under the purchase and sales agreement as approved by the
Court, Rymes assumed the liabilities for employee vacation and sick
pay; delivered a promissory note for $3.645 million to Sprague; and
delivered a promissory note to the estate in the amount of$275,000.
Rymes also agreed to pay Raymond Green up to $2.5 million. Also
sold through the sale process were assets belonging to Mr.
Frederick Fuller, or non-debtor entities he controlled. Disputes
over what was intended to be Rymes' or the Debtor's responsibility
under the sale continue to remain, and the estate is poised to
bring litigation against Rymes in the very near future.


FRED FULLER OIL: Tamposi Employment Opposed by CRO
--------------------------------------------------
CBIZ, Inc. and Jeffrey T. Varsalone opposed the Debtor's bid to
appoint Tamposi Law Group, P.C. as counsel.

Varsalone has acted as Chief Restructuring Officer of the Debtor
since the inception of the Chapter 11 proceeding on November 10,
2014 by order of the Bankruptcy Court.

Varsalone asserts that the Tamposi's motion conflict with the
previous orders of the Bankruptcy Court, and motivated by a
conflict of interest by the Debtor's sole director, Mr. Fred
Fuller.

CBIZ, Inc. and Jeffrey T. Varsalone are represented by:

     John L. Allen, Esq.
     ALLEN FULLER, PA
     40 Stark Street
     Manchester, NH 03101
     Tel: (603) 666-9966
     E-mail: john.allen@allen-fuller.com

                    About Fred Fuller Oil

Hudson, New Hampshire-based Fred Fuller Oil & Propane Co., Inc.,
was the largest heating oil company in the state, serving about
30,000 New Hampshire customers.

It sought Chapter 11 protection (Bankr. D. N.H. Case No. 14-12188)
in Manchester, New Hampshire, on Nov. 10, 2014. Fredrick J. Fuller,
the president, signed the bankruptcy petition.

The Debtor estimated $10 million to $50 million in assets and debt.
The Nov. 10, 2014 court filing shows that the Debtor has about
$13.5 million in debt.

William S. Gannon, Esq., at William S. Gannon PLLC, in Manchester,
serves as counsel to the Debtor.

On Feb. 12, 2015, the Office of the U.S. Trustee appointed a
three-member Official Committee of Unsecured Creditors. The
Committee selected Brinkman Portillo Ronk, APC, as its counsel with
Deming Law Office acting "of counsel."

                       *     *     *

The Court on Nov. 26, 2014, entered an order authorizing the Debtor
to sell substantially all assets to Rymes Heating Oil, Inc. The
Order called for Rymes to assume the liability and responsibility
for performing the Debtor's liabilities under the "Pre-Buy/Budget
Contracts," and to deliver fuel to their homes without further
cost. Under the purchase and sales agreement as approved by the
Court, Rymes assumed the liabilities for employee vacation and sick
pay; delivered a promissory note for $3.645 million to Sprague; and
delivered a promissory note to the estate in the amount of$275,000.
Rymes also agreed to pay Raymond Green up to $2.5 million. Also
sold through the sale process were assets belonging to Mr.
Frederick Fuller, or non-debtor entities he controlled. Disputes
over what was intended to be Rymes' or the Debtor's responsibility
under the sale continue to remain, and the estate is poised to
bring litigation against Rymes in the very near future.


FRED FULLER OIL: U.S. Trustee Opposes Tamposi Hiring
----------------------------------------------------
William K. Harrington, the U.S. Trustee overseeing the bankruptcy
case of Fred Fuller Oil & Propane Co., Inc., opposed the Debtor's
bid to appoint Tamposi Law Group, P.C. as counsel.

The U.S. Trustee alleged that Tamposi's role will be terminated
immediately upon conversion of the case to a Chapter 7 case. It is
not clear who will represent the Debtor after conversion to a
Chapter 7 case.

The U.S. Trustee likewise questioned Tamposi's proposal that a
$5,000 retainer "shall not be disgorged other than for wrongdoing
or malfeasance of counsel" and Tamposi's proposal cites no legal
support for the Bankruptcy Court to grant the same.

                    About Fred Fuller Oil

Hudson, New Hampshire-based Fred Fuller Oil & Propane Co., Inc.,
was the largest heating oil company in the state, serving about
30,000 New Hampshire customers.

It sought Chapter 11 protection (Bankr. D. N.H. Case No. 14-12188)
in Manchester, New Hampshire, on Nov. 10, 2014. Fredrick J. Fuller,
the president, signed the bankruptcy petition.

The Debtor estimated $10 million to $50 million in assets and debt.
The Nov. 10, 2014 court filing shows that the Debtor has about
$13.5 million in debt.

William S. Gannon, Esq., at William S. Gannon PLLC, in Manchester,
serves as counsel to the Debtor.

On Feb. 12, 2015, the Office of the U.S. Trustee appointed a
three-member Official Committee of Unsecured Creditors. The
Committee selected Brinkman Portillo Ronk, APC, as its counsel with
Deming Law Office acting "of counsel."

                                          *     *     *

The Court on Nov. 26, 2014, entered an order authorizing the Debtor
to sell substantially all assets to Rymes Heating Oil, Inc. The
Order called for Rymes to assume the liability and responsibility
for performing the Debtor's liabilities under the "Pre-Buy/Budget
Contracts," and to deliver fuel to their homes without further
cost. Under the purchase and sales agreement as approved by the
Court, Rymes assumed the liabilities for employee vacation and sick
pay; delivered a promissory note for $3.645 million to Sprague; and
delivered a promissory note to the estate in the amount of$275,000.
Rymes also agreed to pay Raymond Green up to $2.5 million. Also
sold through the sale process were assets belonging to Mr.
Frederick Fuller, or non-debtor entities he controlled. Disputes
over what was intended to be Rymes' or the Debtor's responsibility
under the sale continue to remain, and the estate is poised to
bring litigation against Rymes in the very near future.


GARLOCK SEALING: Seeks to Move Forward with New Ch. 11 Plan
-----------------------------------------------------------
Jacqueline Palank, writing for Daily Bankruptcy Review, reported
that Garlock Sealing Technologies LLC filed a new chapter 11 plan
built around a $480 million settlement of current and future
asbestos liabilities.

According to the report, the U.S. Bankruptcy Court in Charlotte,
N.C., has agreed to hold a June 22 hearing to review an outline of
the plan and consider letting Garlock put it to a vote by its
creditors, including those who say they were exposed to asbestos in
Garlock-made gaskets, conveyor belts and other products.

As previously reported by The Troubled Company Reporter, in January
this year, EnPro Industries, Inc., that its Garlock Sealing
Technologies subsidiary has agreed with the court-appointed legal
representative of future asbestos claimants and the official
committee representing current asbestos claimants in GST's Asbestos
Claims Resolution Process pending in the U.S. Bankruptcy Court for
the Western District of North Carolina to postpone until late
February 2016 the hearing in the ACRP originally scheduled to be
held on January 6, 2016 and to request similar deferrals of other
calendared events in the ACRP, including the confirmation hearing
on GST's second amended plan of reorganization originally scheduled
for June 2016.

                      About Garlock Sealing

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

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

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

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

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

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

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

In January 2015, the Debtors filed their Second Amended Plan of
Reorganization, which is backed by the Future Asbestos Claimants'
Representative (FCR).  The confirmation hearing is slated to begin
June 20, 2016.

Under the schedule for confirmation proceedings ordered by the
Court, objections to confirmation of the Plan that do not depend
on
the results of voting were due Oct. 6, 2015, and confirmation
objections that depend on such results are due on Dec. 18, 2015.


GATES GROUP: Bank Debt Trades at 4% Off
---------------------------------------
Participations in a syndicated loan under which Gates Group is a
borrower traded in the secondary market at 95.70
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.04 percentage points from the
previous week.  Gates Group pays 325 basis points above LIBOR to
borrow under the $2.49 billion facility. The bank loan matures on
June 18, 2021 and carries Moody's B2 rating and Standard & Poor's
B+ rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


GLENCORP INC: Hires Wernette Heilman as Counsel
-----------------------------------------------
Glencorp, Inc., seeks permission from the U.S. Bankruptcy Court for
the Eastern District of Michigan to employ Wernette Heilman PLLC as
the Debtor's Counsel.

The Debtor requires Wernette Heilman to:

    a.  advise the Debtor with respect to its powers and duties as
debtor and debtor-in-possession in the continued management and
operation of its business;

     b. administer this case and the exercise of oversight with
respect to the Debtor's affairs; including all issues arising from
or impacting Debtor or this Chapter 11 case;

     c. prepare necessary applications, motion, memoranda, orders,
report, and other legal papers;

     d. appear in Court and at meetings to represent the interest
of the Debtor;

     e. negotiate with creditors and other parties in interest;

     f. prepare and prosecute a Chapter 11 plan of reorganization;
and

     g. perform all other legal services for the Debtor in
connection with this Chapter 11 case.

WH will be paid at these hourly rates:

       Michael R. Wernette                $290
       Ryan D. Heilman                    $320
       Paralegals                         $115

Before the commencement of this case, Wernette Heilman received the
amount of $10,000 from the Debtor, which amount was advance on the
Debtor's behalf from the retirement amount of Mr. Ronald A. Marino,
the Debtor's principal.  Wernette Heilman applied this amount to
(i) then due and owing invoices for legal services performed, and
(ii) fees and expenses incurred before the filing of the Chapter 11
bankruptcy petition not yet billed.

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

Ryan D. Heilman, Esq., attorney at the law firm of Wernette Heilman
PLLC, assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtors and
their estates.

The firm may be reached at:

     Ryan D, Heilman, Esq.
     Wernette Heilman PLLC
     24725 W. 12 Mile Rd., Suite 110
     Southfield, MI 48034
     Tel: (248)663-5146
     E-mail: ryan@wernetteheilman.com

Glencorp, Inc., based in Shelby Twp., Michigan, filed a Chapter 11
petition (Bankr. E.D. Mich. Case No. 16-46905) on May 5, 2016.
Hon. Marci B McIvor presides over the case.  Ryan D. Heilman, Esq.,
and Michael R. Wernette, Esq., at Wernette Heilman PLLC, serve as
counsel to the Debtor.  In its petition, the Debtor estimated $1
million to $10 million in assets and $1 million to $10 million in
liabilities.  The petition was signed by Ronald A. Marino,
president.


GREAT BASIN: Release of $1M from Restricted Accounts Approved
-------------------------------------------------------------
The holders of the senior secured convertible notes of Great Basin
Scientific, Inc. voluntarily removed restrictions on the Company's
use of an aggregate of $1 million previously funded to the Company
and authorized the release of those funds from the restricted
accounts of the Company, as disclosed in a regulatory filing with
the Securities and Exchange Commission.

                         About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of March 31, 2016, Great Basin had $27.6 million in total
assets, $70.99 million in total liabilities, and a total
stockholders' deficit of $43.4 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern.


GREENSHIFT CORP: Incurs $1.44 Million Net Loss in First Quarter
---------------------------------------------------------------
Greenshift Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.44 million on $894,239 of revenue for the three months ended
March 31, 2016, compared to a net loss of $1.46 million on $912,804
of revenue for the same period in 2015.

As of March 31, 2016, the Company had $6.32 million in total
assets, $16.05 million in total liabilities, and a total
stockholders' deficit of $9.72 million.

"Our primary source of liquidity during 2016 was cash produced by
our operations.  During the three months ended March 31, 2016, we
produced about $279,000 in cash from our operating activities, used
about $607,000 in our investing activities, as well as about
$400,000 in our financing activities, primarily to repay debt to YA
Global Investments, L.P. assignees.  During the three months ended
March 31, 2015, we used about $330,000 in net cash in our operating
activities and we used about $129,000 in net cash in our financing
activities, which was also mostly used to repay debt to YA Global.


"Our cash balances at March 31, 2016, and December 31, 2015, were
about $1.1 million and $1.9 million, respectively.  The Company had
a working capital deficit of about $12.6 million at March 31, 2016;
however, our current liabilities included approximately that amount
in obligations convertible into Company common stock, including
application of discounts and the associated derivative
liabilities."

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

                     https://is.gd/Czonff

                 About Greenshift Corporation

Headquartered in New York, GreenShift Corporation develops and
commercializes clean technologies designed to integrate into and
leverage established production and distribution infrastructure to
address the financial and environmental needs of its clients by
decreasing raw material needs, facilitating co-product reuse, and
reducing waste and emissions.

Greenshift reported net income of $15.8 million on $9.46 million of
revenue for the year ended Dec. 31, 2015, compared to net income of
$941,000 on $12.8 million of revenue for the year ended Dec. 31,
2014.

Rosenberg Rich Baker Berman & Company, in Somerset, New Jersey,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
the Company has incurred operating losses, and current liabilities
exceeded current assets by approximately $11.4 million as of
Dec. 31, 2015.  In addition, the Company has guaranteed significant
debt of its parent company.  These conditions raise substantial
doubt about its ability to continue as a going concern.


GSC GROUP: NY Court Dismisses Suit vs. Secured Creditors
--------------------------------------------------------
The Supreme Court, New York County granted the defendants' motion
to dismiss the complaint in the case captioned BARBARA S. JONES,
solely in her capacity as SUCCESSOR TRUSTEE OF THE GSC LIQUIDATING
TRUST, Plaintiff, v. CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK
NEW YORK BRANCH, f/k/a CALYON NEW YORK BRANCH, et al., Defendants,
Docket No. 162372/14, Mot. seq. No. 2 (N.Y.).

A full-text copy of the Court's April 26, 2016 decision and order
is available at https://is.gd/TdsZsj from Leagle.com.

GSC Liquidating Trust (Trust) is composed of a group of affiliated
business entities (GSC entities), some of which borrowed
substantial sums of money in 2004 from a syndicate of lenders,
including the defendants.  To secure the loan, the GSC entities
pledged collateral consisting of almost all of their assets,
including their asset management business.  The loan is governed by
a credit agreement and a security agreement.   The defendants are
among the secured creditors.  In 2009, the GSC entities defaulted
on the loan, and in 2010, they filed for bankruptcy protection.

Barbara S. Jones, solely in her capacity as successor trustee of
the Trust, sought money damages for the defendants' alleged breach
of agreements entered into during a bankruptcy proceeding which,
the plaintiff alleged, caused the GSC entities and their estates to
incur additional expenses.

The defendants move pursuant to CPLR 3211(a)(7) for an order
dismissing the complaint.

Plaintiff is represented by:

          James Sonde, Esq.
          Andrew N. Goldfarb, Esq.
          ZUCKERMAN SPAEDER LLP
          399 Park Ave., 14th Fl.
          New York, NY 10022,
          Tel: (212)704-9600
          Email: agoldfarb@zuckerman.com

Defendants are represented by:

          Colin T. West, Esq.
          J. Christopher Shore, Esq.
          Andrew W. Hammond, Esq.
          WHITE & CASE LLP
          1155 Ave. of the Americas
          New York, NY 10036
          Tel: (212)819-8200
          Email: cwest@whitecase.com
                 cshore@whitecase.com
                 ahammond@whitecase.com


HALCON RESOURCES: S&P Lowers CCR to 'D' on Ch. 11 Filing
--------------------------------------------------------
S&P Global Ratings lowered its corporate credit ratings on Halcon
Resource Corp. to 'D' from 'SD'.  In addition, S&P lowered the
senior secured issue-level rating on the company's third-lien notes
to 'D' from 'CCC'.  The recovery rating on the third-lien notes
remains '6', reflecting S&P's expectation for negligible recovery
(0% to 10%).  The issue-level ratings on the senior secured
second-lien notes and senior unsecured notes are unchanged.

The 'D' corporate credit rating reflects Halcon's announcement that
it has reached an agreement in principal with a majority of the
affected debt holders to enter into a prepackaged Chapter 11
bankruptcy filing.  Under the terms of the agreement, the company's
third-lien notes, unsecured notes, convertible notes, and preferred
equity will be eliminated and existing securities holders will
receive a combination of cash, equity and/or warrants.  S&P views
the result as a general default given that Halcon will fail to pay
substantially all of its debt obligations. The ratings on the
second-lien notes reflect the fact that they are not affected by
the agreement.


HARRINGTON & KING: U.S. Trustee Forms 3-Member Committee
--------------------------------------------------------
The Office of the U.S. Trustee on May 23 appointed three creditors
of Harrington & King South, Inc., and The Harrington & King
Perforating Co., Inc., to serve on the official committee of
unsecured creditors.

The committee members are:

     (1) Steel Sales Corporation
         Rep: Phil Krause
         250 Mt. Lebanon Blvd.
         Pittsburgh, PA 15234

     (2) Fort Dearborn Partners, Inc.
         Rep: Chris Ciannella
         101 N. Wacker Dr. Suite 1150
         Chicago, IL 60606

     (3) Ranstad USA
         Rep: Keo Baccam
         One Overton Park
         3625 Cumberland Blvd., SE, Suite 600
         Atlanta, GA 30339

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.

The Debtors can be reached through their lawyers:

     William J Factor, Esq.
     FactorLaw
     1363 Shermer Road, Suite 224
     Northbrook, IL 60062
     Tel: 847-239-7248
     Fax: 847-574-8233
     Email: wfactor@wfactorlaw.com

          -- and --

     Zhijun Liu, Esq.
     FactorLaw
     105 W. Madison St.
     Chicago, IL 60602
     Tel: (312) 470-1284
     Email: jliu@wfactorlaw.com
     About Harrington & King

                     About Harrington & King

Harrington & King South, Inc. and The Harrington & King Perforating
Co., Inc. sought protection under Chapter 11 of the Bankruptcy Code
in the Northern District of Illinois (Chicago) (Case Nos. 16-15651
and 16-15650) on May 7, 2016. The petition was signed by Greg
McCallister, chief restructuring officer and chief operating
officer.

The cases are jointly administered under Case No. 16-15651. The
cases are assigned to Judge Deborah L. Thorne.

The Debtors are represented by William J Factor, Esq., and Zhijun
Liu, Esq., at FactorLaw.

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


HAWK OIL FIELD: Seeks to Hire Campero & Associates as Attorney
--------------------------------------------------------------
Hawk Oil Field Service, Inc. seeks approval from the U.S.
Bankruptcy for the Southern District of Texas to hire Adolfo
Campero, Jr. of Campero & Associates P.C. as its attorney.

The services to be provided by Mr. Campero include:

     (a) giving the Debtor legal advice with respect to its powers

         and duties;

     (b) taking necessary action to avoid any liens against the
         Debtor's property obtained by attachment, garnishment,
         levy or seizure of creditors within  90 days before the
         bankruptcy filing;

     (c) preparing legal papers on behalf of the Debtor;

     (d) representing the Debtor in the compilation, preparation,
         solicitation and disclosure relating to its plan of
         reorganization; and

     (e) representing the Debtor at all trustee meetings and court

         hearings.

Mr. Campero will be paid $300 per hour while the firm's paralegal
who will assist him will be paid $175 per hour.  Mr. Campero
received $25,000 retainer in connection with the case.

In a declaration, Mr. Campero disclosed that he does not represent
any interest adverse to the Debtor or its estate.

Campero & Associates can be reached through:

     Adolfo Campero, Jr.
     315 Calle Del Norte, Suite 207
     Laredo, Texas 78041
     (956) 796-0330-Telephone
     (956) 796-0399-Facsimile

                       About Hawk Oil Field

Hawk Oil Field Service, Inc. sought protection under Chapter 11 of
the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern
District of Texas (Laredo) (Case No. 16-50108) on May 17, 2016.

The petition was signed by Roberto Lopez, president. The case is
assigned to Judge Eduardo V. Rodriguez.

The Debtor disclosed total assets of $3.94 million and total debts
of $1.27 million.


HFIG FREEHOLD: Hires LeClaiRyan as Attorneys
--------------------------------------------
HFIG Freehold, LLC, a/k/a Club Metro Freehold, seeks permission
from the U.S. Bankruptcy Court for the District of New Jersey to
employ LeClairRyan as chapter 11 counsel to the Debtor.

The Debtor requires LeClairRyan to:

     a. advise and represent Debtor with respect to the continued
management and operation of the business and properties of the
Debtor, including its rights and remedies with respect to its
assets and with respect to the claims of creditors;

     b. prepare on Debtor's behalf, as debtor-in-possession,
necessary applications, motions, complaints, answers, orders,
reports and other pleadings and documents;

     c. appear before this Court and other officials and tribunals,
if necessary, and protecting Debtor's interest in federal, state
and foreign jurisdictions and administrative proceedings; and

     d. perform such other legal services for Debtor, as
debtor-in-possession, as may be necessary and appropriate herein.

LeClairRyan will be paid at these hourly rates:

       Shareholders and Officers               $365-$695
       Associates                              $195-$365
       Paraprofessionals                       $95-$195

When the Debtor filed its chapter 11 petition, its counsel, David
S. Catuogno, Esq., was still connected with Forman Holt Eliades &
Youngman LLC.  Subsequently, Mr. Catuogno moved to LeClairRyan.

According to the Debtor, a $10,000 retainer, exclusive of the
filing fee, is presently being held by predecessor counsel.

David S. Catuogno, partner of LeClairRyan, 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.

LeClairRyan can be reached at:

      David S. Catuogno, Esq.
      LeClairRyan
      1037 Raymond Boulevard - 16th Floor
      Newark, NJ 07102
      Phone: (973)491-3600

HFIG Freehold, LLC aka Club Metro Freehold, filed a Chapter 11
petition (Bankr. D.N.J. Case No. 15-33591) on December 18, 2015.  

HFIG Old Bridge 2 LLC filed a Chapter 11 petition (Bankr. D.N.J.
Case No. 16-10564) on January 13, 2016.  

HFIG Old Bridge LLC filed a separate Chapter 11 petition (Bankr.
D.N.J. Case No. 16-10572) also on January 13, 2016.  


HFIG OLD BRIDGE: Hires LeClairRyan as Attorneys
-----------------------------------------------
HFIG Old Bridge 2 LLC, a/k/a Club Metro Shoppes, seeks permission
from the U.S. Bankruptcy Court for the District of New Jersey to
employ LeClairRyan as its Chapter 11 counsel.

The Debtor requires LeClairRyan to:

     a. advise and represent Debtor with respect to the continued
management and operation of the business and properties of the
Debtor, including its rights and remedies with respect to its
assets and with respect to the claims of creditors;

     b. prepare on Debtor's behalf, as debtor-in-possession,
necessary applications, motions, complaints, answers, orders,
reports and other pleadings and documents;

     c. appear before this Court and other officials and tribunals,
if necessary, and protecting Debtor's interest in federal, state
and foreign jurisdictions and administrative proceedings; and

      d. perform such other legal services for Debtor, as
debtor-in-possession, as may be necessary and appropriate herein.

The Debtor agreed to bill LeClairRyan at the normal and customary
rates charged by LeClairRyan.

David S. Catuogno, partner of LeClairRyan, 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.

A $10,000 retainer, exclusive of the filing fee, is presently being
held by predecessor counsel.

David S. Catuogno, partner of LeClairRyan, 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.

LeClairRyan has also filed an application to be retained in the
case of HFIG Freehold, which debtor is related to HFIG Old Bridge 2
by way of certain common principals and/or offices.

LeClairRyan can be reached at:

      David S. Catuogno, Esq.
      LeClairRyan
      1037 Raymond Boulevard - 16th Floor
      Newark, NJ 07102
      Phone: (973)491-3600

HFIG Freehold, LLC aka Club Metro Freehold, filed a Chapter 11
petition (Bankr. D.N.J. Case No. 15-33591) on December 18, 2015.  

HFIG Old Bridge 2 LLC filed a Chapter 11 petition (Bankr. D.N.J.
Case No. 16-10564) on January 13, 2016.  

HFIG Old Bridge LLC filed a separate Chapter 11 petition (Bankr.
D.N.J. Case No. 16-10572) also on January 13, 2016.  


HMF GOLF: 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 HMF Golf, Inc.

HMF Golf, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-10346) on April 13,
2016.  The Debtor is represented by Brian C. Thompson, Esq., at
Thompson Law Group, P.C.


HOLLYWOOD HILLS: Hires JNR's Hielsen as Collection Agent
--------------------------------------------------------
Hollywood Hills Rehabilitation Centre, LLC seeks permission from
the U.S. Bankruptcy Court for the Southern District of Florida to
employ Robert J. Nielsen of JNR Adjustment Company, Inc., as
Collection Agent

On June 24, 2015, the Debtor sold substantially all of the assets
of High Ridge Management Corp. and Hollywood Hills Rehabilitation
Centre, LLC by public auction. The closing on the sale occurred on
July 17, 2015. As part of the sale, the Debtor retained the
accounts receivable due to it as of the Closing Date.

The Debtor requires JNR to assist with the collection of accounts
receivable.

JNR has agreed to pursue collection of the Debtor's accounts
receivables on a contingency basis, such that JNR will receive 30%
of the gross amounts collected for the Debtor's Estate.

In the event JNR employs attorneys to assist in the collection,
such attorneys shall be paid solely by JNR from the Contingency
Fees.

Robert Nielsen, vice president of JNR Adjustment Company, Inc.,
assured the Court that the firm is a "disinterested person" as
required by 11 U.S.C. 327 and does not represent any interest
adverse to the Debtors and their estates.

JNR can be reached at:

       Robert Nielsen
       JNR Adjustment Company, Inc.
       7001 E. Fish Lake Rd.,
       Maple Grove, MN 55311
       Tel: 800-279-2567

Hollywood Hills Development Inc., based in Jacksonville, Florida,
filed a Chapter 11 petition (Bankr. M.D. Fla. Case No. 10-05863) on
July 7, 2010.  Chief Judge Paul M. Glenn presides over the case.
Bryan K. Mickler, Esq., served as counsel to the Debtor.  According
to its schedules, the Company had assets of $8,490,606 and debts of
$7,770,227.  The petition was signed by Shimon Buhadana, president.


HOMETOWN BUFFET: N.D. Cal. Has No Jurisdiction to Stay "Bocardo"
----------------------------------------------------------------
In the case captioned SERGIO BOCARDO, Plaintiff, v. HOMETOWN
BUFFET, INC., et al., Defendants, Case No. 16-cv-00946-HSG (N.D.
Cal.), Judge Haywood S. Gilliam, Jr. of the U.S. District Court for
the Northern District of California directed Hometown Buffet, Inc.,
to file a statement stating whether and when it intends to request
a stay extension from the bankruptcy court.

On March 10, 2016, HomeTown Buffet filed a suggestion of
bankruptcy, in which it represented that it had filed a voluntary
petition for relief under Chapter 11 of the United States
Bankruptcy Code on March 7, 2016, in the United States District
Court for the Western District of Texas, Case No. 16-50558. Dkt.
No. 13.  For that reason, HomeTown Buffet contended that the action
has been stayed by operation of 11 U.S.C. section 362. Neither the
plaintiff, Sergio Bocardo, nor the defendant, Chris Isbell, filed a
response.

Because there is a non-debtor defendant named in the action, Chris
Isbell, Judge Gilliam held that the court does not have
jurisdiction to stay the case under 11 U.S.C. section 362.  The
judge said that to stay the case, HomeTown Buffet would need to
request an extension of the stay from the bankruptcy court.

A full-text copy of Judge Gilliam's May 2, 2016 order is available
at https://is.gd/QjmaoQ from Leagle.com.

Sergio Bocardo is represented by:

          Mark Yablonovich, Esq.
          LAW OFFICES OF MARK YABLONOVICH
          1875 Centuray Park East Ste 700
          Los Angeles, CA 90067
          Tel: (310)286-0246
          Fax: (310)407-5391

            -- and --

          Christopher Richard Pantel, Esq.
          BASSI EDLIN ET AL

            -- and --

          Patrick Joseph Clifford, Esq.
          SELMAN BREITMAN, LLP

Hometown Buffet, Inc. is represented by:

          Gregory Clement Cheng, Esq.
          Rachel Jan Moroski, Esq.
          OGLETREE DEAKINS NASH SMOAK & STEWART, P.C.
          Steuart Tower
          One Market Plaza Suite 1300
          San Francisco, CA 94105
          Tel: (415)442-4810
          E-mail: gregory.cheng@ogletreedeakins.com
                  rachel.moroski@ogletreedeakins.com


IGLESIA MISION: Hires Reinaldo Javier Ponce Ramos as Appraiser
--------------------------------------------------------------
Iglesias Mision Cristina Fuente de Agua Viva, Inc., and its
debtor-affiliates seek permission from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ Reinaldo Javier Ponce
Ramos as appraiser.

The Debtors require Reinaldo Javier Ponce Ramos to assume the
appraisal services for a commercial property at State Road 160KM,
4.5 Almirante Norte Ward, Vega Baja, Puerto Rico.

Reinaldo Javier Ponce Ramos will be compensated $2,500 upon
delivery of the appraisal of the real property.

Reinaldo Javier Ponce Ramos assured the Court that he 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 Debtor and its estates.

Reinaldo Javier Ponce Ramos can be reached at:

     Reinaldo Javier Ponce Ramos
     116 Peridot Street
     Los Prados Sur Dev.
     Dorado, Puerto Rico 00646-9658
     Cel.: (787)414-1466
     Home: (787)796-4097
     E-mail: javierponce@tasacionespr.com

Iglesia Mision Cristiana Fuente De Agua Viva Inc. filed a voluntary
Chapter 11 petition (Bankr. D. P.R. Case No. 3:12-bk-07856) on
October 2, 2012.  Judge Mildred Caban Flores presides over the
case.  In its petition, the Debtor listed $10 million to $50
million in both assets and liabilities.


IHEARTMEDIA INC: Wins Legal Fight Against Lenders
-------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that IHeartMedia Inc. has secured a victory against a group of
lenders that had tried to declare an event of default on billions
of dollars of the radio giant's debt.

According to the report, citing the company, a judge in the State
District Court of Bexar County, Texas, ruled a stock transfer made
by the company, formerly known as Clear Channel, last year was a
permitted investment under the terms of its loan agreements.
IHeartMedia had brought the Texas lawsuit in March, which put the
brakes on claims by a group of lenders, holding more than $3
billion in debt, that an equity transfer violated the terms of
their indentures and triggered a default, the report related.

With the court victory in hand, iHeart said it would continue "to
evaluate opportunities" to strengthen its balance sheet and "looks
forward to constructive discussions with our lenders" as we
continue to position iHeartMedia for long-term growth, the report
related.

Negotiations between the iHeartMedia and the group of lenders and
bondholders, which includes a number private-equity funds like
Benefit Street Partners and Canyon Capital Advisors LLC as well as
investment firm giant Franklin Resources, Inc., had been ongoing
since December when the lenders first wrote to iHeart about the
transaction, but broke down in March, resulting in the alleged
events of default and lawsuit, the report further related.

At issue in the Texas litigation was whether the transfer of shares
that the lenders say are worth $1.241 billion is permitted under
the terms of the loan agreements, the report said.

The lenders argued in court documents that iHeart "gave away" the
shares, which were part of the package securing their debt, when
the company transferred them from its Clear Channel Outdoor
subsidiary to an unrestricted subsidiary called Broader Media LLC
and received nothing in return, the report added.

                     About iHeartCommunications

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

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

                       Bankruptcy Warning

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

                            *   *    *

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


INSTITUTE OF CARDIOVASCULAR: Hires Jameson Vicars as Accountant
---------------------------------------------------------------
Institute Of Cardiovascular Excellence, PLLC, and its
debtor-affiliates seek permission from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Jameson Vicars of
Jameson Vicars & Co., CPAS as Accountant, nunc pro tunc to April
20, 2016.

The Accountant will be paid at these hourly rates:

             Partners               $240
             Senior Staff           $192
             Staff                  $90-$95

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

Jameson Vicars, CPA, Jr., Certified Public Accountant with the Firm
Jameson Vicars & Co., CPA, 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 Accountant can be reached at:

        Jameson Vicars, CPA
        Jameson Vicars & Co., CPAS
        100 Wallace Avenue, Suite 380
        Sarasota, FL 34237
        Tel.: (941)342-1900
        Fax: (941) 827-2923

           About Institute of Cardiovascular



Institute of Cardiovascular Excellence, PLLC, based in
Ocala,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No.
16-01491) on April 20, 2016.  Aaron A Wernick, Esq.,
at Furr &
Cohen, PA, serves as counsel to the Debtor.  In its
petition, the
Debtor estimated $0 to $50,000 in assets and $10
million to $50
million in liabilities.  The petition was signed
by Asad Qamar,
manager.


ISIGN SOLUTIONS: Closes Public Offering of $1.2M Common Shares
--------------------------------------------------------------
iSign Solutions Inc. announced the closing of its underwritten
public offering of 690,000 shares of common stock at a public
offering price of $1.74 per share and warrants to purchase 345,000
shares of common stock, with an exercise price of $2.175 per share,
at a public offering price of $0.01 per warrant.  The Company
raised gross cash proceeds of $1,204,050 before deducting
underwriting discounts and commissions and other offering expenses.
iSIGN also granted the underwriters a 45-day option to purchase up
to an additional 103,500 shares of common stock, warrants to
purchase up to an additional 51,750 shares of common stock, or a
combination thereof, in each case representing no more than 15% of
the shares or warrants, as applicable, sold in the offering, solely
to cover over-allotments, if any.  As a result of the consummation
of the offering, each series of the Company's outstanding preferred
stock, including accrued and unpaid dividends through May 19, 2016,
will be converted into shares of common stock.

iSIGN intends to use the net proceeds from the offering to expand
its sales and marketing efforts, increase its product offerings,
pay accrued and unpaid compensation due to officers, employees
and/or their affiliated entities, and for working capital and
general corporate purposes.

Axiom Capital Management, Inc. acted as the sole book-running
manager for the offering.

A registration statement on Form S-1 relating to the offering was
filed with the Securities and Exchange Commission and is effective.
A preliminary prospectus relating to the offering has been filed
with the SEC and is available on the SEC's web site at
http://www.sec.gov.Copies of the final prospectus relating to the
offering, when available, may be obtained from the offices of Axiom
Capital Management, Inc., 780 Third Avenue, 43rd Floor, New York,
NY 10017, telephone: (212) 521-3848 or email:
mjacobs@axiomcapital.com, or from the above-mentioned SEC website.

Additional information about the offering is available at:

                     https://is.gd/8wI4V9

                          ABOUT iSIGN

iSIGN (formerly known as Communication Intelligence Corporation or
CIC) is a provider of digital transaction management (DTM)
software
enabling fully digital (paperless) business processes. iSIGN's
solutions encompass a wide array of functionality and services,
including electronic signatures, simple-to-complex workflow
management and various options for biometric authentication.  These
solutions are available across virtually all enterprise, desktop
and mobile environments as a seamlessly integrated software
platform for both ad-hoc and fully automated transactions.  iSIGN's
software platform can be deployed both on-premise and as a
cloud-based service, with the ability to easily transition between
deployment models.  iSIGN is headquartered in Silicon Valley.  For
more information, please visit the Company's Web site at
www.isignnow.com.  iSIGN's logo is a trademark of iSIGN.

iSign Solutions reported a net loss attributable to common
stockholders of $7.61 million on $1.62 million of revenue for the
year ended Dec. 31, 2015, compared to a net loss attributable to
common stockholders of $7.37 million on $1.51 million of revenue
for the year ended Dec. 31, 2014.

As of March 31, 2016, iSign had $1.29 million in total assets,
$4.43 million in total liabilities and a total deficit of $3.13
million.

Armanino LLP, in San Ramon, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company's significant
recurring losses and accumulated deficit raise substantial doubt
about its ability to continue as a going concern.


J. CREW: Bank Debt Trades at 27% Off
------------------------------------
Participations in a syndicated loan under which J. Crew is a
borrower traded in the secondary market at 73.40
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 6.69 percentage points from the
previous week.  J. Crew pays 300 basis points above LIBOR to borrow
under the $1.56 billion facility. The bank loan matures on Feb. 27,
2021 and carries Moody's B2 rating and Standard & Poor's B- rating.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended May 20.


JOHN JEFFERSON VITALICH: Court OKs Bid to Dismiss Suit vs. Lenders
------------------------------------------------------------------
Judge Dennis Montali of the United States Bankruptcy Court for the
Northern District of California
granted the Motion to Dismiss the adversary proceeding not only as
to the moving parties but as to all defendants, and denied the
Motion For Leave without leave to amend except as to one claim in
the adversary case styled JOHN J. VITALICH, Plaintiff, v. ALLIANCE
BANCORP AND THE BANK OF NEW YORK; THE BANK OF NEW YORK AS TRUSTEE
FOR SECURITIZED TRUST ALTERNATIVE LOAN TRUST 2006-OC3; COUNTRYWIDE
HOME LOANS, INC.; CWALT, INC.; COUNTRYWIDE HOME LOANS SERVICING LP;
MORTGAGE ELECTRONIC REGISTRATION SYSTEM, AKA "MERS" AND DOES 1
THROUGH 100, INCLUSIVE, Defendants, Adversary Proceeding No.
16-5008 DM.

Pro se chapter 11 debtor/plaintiff John J. Vitalich commenced this
adversary proceeding by filing a complaint against numerous
defendants. The Complaint sets forth ten causes of action, all
relating to real property owned by Plaintiff in Seaside,
California.

The Bank of New York Mellon, its servicing agent Select Portfolio
Servicing, Inc., and Mortgage Electronic Registration Systems, Inc.
filed a motion to dismiss the adversary proceeding under the Fed.
R. Civ. P. 12(b)(6) (made applicable by Fed. R. Bankr. P. 7012) or
alternatively for a more definite statement. The Motion was
properly noticed and served on Plaintiff. Plaintiff did not file a
timely opposition.

On the date set for hearing on the Motion, Plaintiff filed a motion
for leave to file an amended complaint and a proposed Amended
Complaint. The Amended Complaint drops some causes of action that
were in the Complaint but the thrust of the Amended Complaint is
basically the same as that set forth in the Complaint concerning
the Property. More particularly, Plaintiff challenges the standing
of various defendants to foreclose, claims to be the victim of
fraud in the concealment of material facts, intentional infliction
of emotional distress and breach of the covenant of good faith. He
also contends that defendants are liable for slander of title and
that the court should quiet title in the Property in favor of
Plaintiff. A new cause of action for civil conspiracy is included,
as is a cause of action for violation of the automatic in which
Plaintiff contends in one paragraph that Bank of New York violated
the automatic stay during his 2010 bankruptcy.

At the hearing on the Motion, the court questioned Plaintiff as to
why he did not respond to the Motion. His only response was that by
filing the Amended Complaint he rendered the Complaint and the
Motion moot. The court elected to take the Motion and the Motion
For Leave under submission because the Motion identified numerous
pleading defects that would mandate dismissal of the Amended
Complaint if it suffered from the same defects. Stated otherwise,
had Plaintiff opposed the Motion, it is likely that the court would
have granted it with leave to amend. The Amended Complaint no doubt
would be the subject of yet another motion to dismiss by some or
all defendants. Rather than put any of the defendants to the
burden, expense and delay of a second motion to dismiss, the court
presumed that the pleading defects in the Complaint, identified in
the Motion, if corrected, would survive and the Amended Complaint
allowed to proceed.

A full-text copy of the Memorandum Decision dated April 22, 2016 is
available at https://is.gd/UrJfkI from Leagle.com.

The bankruptcy case is In re JOHN JEFFERSON VITALICH, Chapter 11,
Debtor, Bankruptcy Case No. 15-53524 DM.

The Bank of New York, Defendant, is represented by Jeffrey N.
Williams, Esq. -- jwilliams@wargofrench.com -- Wargo and French
LLP.

Countrywide Home Loans, Inc., Defendant, is represented by Payam
Khodadadi, Esq. -- pkhodadadi@mcguirewoods.com -- McGuire Woods
LLP.


KALOBIOS PHARMACEUTICALS: Hires Horne LLLP as Accountant
--------------------------------------------------------
KaloBios Pharmaceuticals, Inc., seeks permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Horne LLLP
as independent registered public accounting firm, nunc pro tunc to
May 16, 2016.

The Debtor requires Horne LLLP to:

     a. perform an audit of the Debtor's financial statements as of
and for the year ending December 31, 2015;

     b. review the Debtor's interim financial information for the
year ending December 31, 2015, prepared for submission to the
Securities and Exchange Commission; and

     c. prepare the Debtor's annual federal and state income tax
returns.

Horne will be paid at these hourly rates:

   Certified Public Accountant                   $192-$576
   Accounting and Tax Professionals              $274

Horne estimates that its fess for the Audit Services and Review
Services will be $173,000 plus direct expenses and estimates that
its fees for the Tax Services will be $12,000 plus direct
expenses.

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

Norman E. Moore, Partner of the firm of Horne 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.

Horne can be reached at:

     Norman E. Moore
     Horne LLLP
     1020 Highland Colony Parkway, Suite 400
     Ridgeland, MS 39157
     Tel: 601.326.1000
          601.326.1331
     E-mail: norman.moore@hornellp.com

                  About KaloBios Pharmaceuticals

Based in South San Francisco, Calif., KaloBios Pharmaceuticals,
Inc., is a company biopharmaceutical company focused on
the
development of monoclonal antibody therapeutics.

The Company's balance sheet at March 31, 2015, showed
$32.0
million in total assets, $15.9 million in total
liabilities, and a stockholders' deficit of $16.1 million.



KaloBios Pharmaceuticals (Nasdaq: KBIO) on Dec. 29, 2015, filed a
voluntary petition for bankruptcy protection under Chapter 11 of
Title 11 of the United States Bankruptcy Code.  The filing was made
in the U.S. Bankruptcy Court for the District of Delaware (Case No.
15-12628).

The Company is represented by Eric D. Schwartz of Morris, Nichols,
Arsht & Tunnell.



No trustee, examiner or committee has been appointed in
this
Chapter 11 case.


KE KAILANI: Hawaiian Court Affirms Order Confirming Sale
--------------------------------------------------------
In a memorandum opinion dated April 29, 2016, which is available at
https://is.gd/EmxlGd from Leagle.com, the Intermediate Court of
Appeals of Hawai'i affirmed the following decisions:

From CAAP-12-0000070:

          (1) the October 3, 2011 "Order Granting Plaintiff Ke
              Kailani Partners, LLC's Motion for Confirmation of
              Sale, Allowance of Costs, Commissions and Fees,
              Distribution of Proceeds, Directing Conveyance, and
              for Writ of Possession and for Deficiency Judgment
              Filed on July 8, 2011";

          (2) the October 3, 2011 Judgment;

          (3) the October 3, 2011 Writ of Possession;

          (4) the December 19, 2011 "Order Denying [Borrowers']
              Motion to Consolidate Two Related Cases, Civil No.
              09-1-2523-10 BIA and Civil No. 11-1-1577-07 BIA";

          (5) the January 5, 2012 "Order Denying [Borrowers']
              Motion for Post-Judgment Relief, filed October 14,
              2011";

From CAAP-12-0000758:

          (6) the April 23, 2012 "Order Granting Plaintiff Ke
              Kailani Partners, LLC's Motion for Determination of
              Deficiency Amount, filed November 15, 2011"; and

          (7) the April 23, 2012 Judgment  

The appealed cases are KE KAILANI PARTNERS, LLC, a Hawaii limited
liability company, Plaintiff-Appellee, v. KE KAILANI DEVELOPMENT
LLC, a Hawaii limited liability company and MICHAEL J. FUCHS,
Individually, Defendants-Appellants, DIRECTOR OF FINANCE, REAL
PROPERTY DIVISION, COUNTY OF HAWAII; KE KAILANI COMMUNITY
ASSOCIATION; THE ASSOCIATION OF VILLA OWNERS OF KE KAILANI; MAUNA
LANI RESORT ASSOCIATION; JOHN DOES 1-50; JANE DOES 1-50; DOE
PARTNERSHIPS 1-50; DOE CORPORATIONS 1-50; DOE LIMITED LIABILITY
COMPANIES 1-50; DOE ENTITIES 1-50; AND DOE GOVERNMENTAL UNITS 1-50,
Defendants-Appellees. KE KAILANI DEVELOPMENT LLC, a Hawaii limited
liability company and MICHAEL J. FUCHS, individually,
Counterclaimants-Appellants, v. BANK OF HAWAII, as agent for itself
and for CENTRAL PACIFIC BANK and FINANCE FACTORS, LIMITED; BANK OF
HAWAII; CENTRAL PACIFIC BANK; FINANCE FACTORS, LIMITED; and DOES A
through J, Counterclaim Defendants-Appellees. KE KAILANI
DEVELOPMENT LLC, a Hawaii limited liability company and MICHAEL J.
FUCHS, individually, Third-Party Plaintiffs-Appellants, v. MARY
MILES MORRISON, Trustee under the Mary Miles Morrison Trust dated
October 2, 1986, Third-Party Defendant-Appellee, and ASSOCIATION OF
VILLA OWNERS OF KE KAILANI; KE KAILANI COMMUNITY ASSOCIATION;
BENJAMIN R. JACOBSON; ROBERT BATINOVICH; STEPHEN B. and SUSAN L.
METTER; HARRY and BRENDA MITTELMAN; UTALY, LLC; GORDON E. and BETTY
I. MOORE, Trustees; ROY and ROSANN TANAKA; MICHAEL G. and LINDA E.
MUHONEN; MICHAEL O. HALE; BARRY and CAROLYN SHAMES, Trustees;
KATONAH DEVELOPMENT LLC; DAVID R. and HE GIN RUCH; NORTHERN TRUST
CORPORATION; BANK OF HAWAII, as agent for itself and for CENTRAL
PACIFIC BANK and FINANCE FACTORS, LIMITED; BANK OF HAWAII; CENTRAL
PACIFIC BANK; FINANCE FACTORS, LIMITED; DISPUTE PREVENTION AND
RESOLUTION; and DOES K through R, Third-Party Nominal
Defendants-Appellees. KE KAILANI DEVELOPMENT LLC, a Hawaii limited
liability company and MICHAEL J. FUCHS, individually, Fourth-Party
Plaintiffs-Appellants, v. MARY MILES MORRISON, Trustee; BENJAMIN R.
JACOBSON; NORTHERN TRUST CORPORATION; BANK OF HAWAII, as agent for
itself and for CENTRAL PACIFIC BANK and FINANCE FACTORS, LIMITED;
BANK OF HAWAII; CENTRAL PACIFIC BANK; FINANCE FACTORS, LIMITED,
Fourth-Party Defendants-Appellees, and ASSOCIATION OF VILLA OWNERS
OF KE KAILANI; KE KAILANI COMMUNITY ASSOCIATION; BENJAMIN R.
JACOBSON; STEPHEN B. and SUSAN L. METTER; HARRY and BRENDA
MITTELMAN; UTALY, LLC; GORDON E. and BETTY I. MOORE, Trustees; ROY
and ROSANN TANAKA; MICHAEL G. and LINDA E. MUHONEN; MICHAEL O.
HALE; BARRY and CAROLYN SHAMES, Trustees; KATONAH DEVELOPMENT LLC;
DAVID R. and HE GIN RUCH, and DOES S through Z, Fourth-Party
Nominal Defendants-Appellees, Nos. CAAP-12-0000758, CAAP-12-0000070
(Haw. App.)

The consolidated appeal was brought by Ke Kailani Development, LLC
and Michael J. Fuchs from several orders and judgments entered by
the Circuit Court of the First Circuit.  The Borrowers' appeal
arises out of a failed commercial real estate development on the
Island of Hawai'i and the subsequent foreclosure proceedings.

Defendants-Appellants are represented by:

          Gary Victor Dubin, Esq.
          Frederick J. Arensmeyer, Esq.
          Andrew D. Goff, Esq.
          Richard Forrester, Esq.
          Harbor Court, Suite 3100
          55 Merchant Street
          Honolulu, HI 96813
          Tel: (808)537-2300
          Fax: (808)523-7733
          Email: gdubin@dubinlaw.net

Plaintiff-Appellee is reprsented by:

          Terence J. O'Toole, Esq.
          Sharon V. Lovejoy, Esq.
          Andrew J. Lautenbach, Esq.
          STAR O'TOOLE MARCUS & FISHER
          733 Bishop Street, Suite 1900
          Honolulu, HI 96813
          Tel: (808)537-6100
          Email: totoole@starnlaw.com
                 slovejoy@starnlaw.com
                 alautenbach@starnlaw.com

                    About Ke Kailani Development

Honolulu, Hawaii-based Ke Kailani Development, LLC, is a company
formed by ex-Home Box Office Chief Executive Michael Fuchs that
planned to develop a $100 million luxury home subdivision on the
Big Island.  The Company sought Chapter 11 protection (Bankr. D.
Hawaii Case No. 11-00019) on Jan. 5, 2011.  The Debtor disclosed
$43,573,092 in total assets, and $28,138,767 in total liabilities.

The bankruptcy filing listed an affiliate of Texas-based Hunt Cos.
as the largest creditor, with a $22 million claim.


KENNETH DRINKARD: Wife Asks Court to Junk Case or Appoint Trustee
-----------------------------------------------------------------
Lynn Drinkard, wife of Kenneth Drinkard, has requested a U.S.
bankruptcy court to dismiss his Chapter 11 case, saying it was
filed in bad faith.

In a motion filed on May 23 with the U.S. Bankruptcy Court for the
Eastern District of Michigan, Ms. Drinkard said the court should
dismiss her husband's case or should appoint either a bankruptcy
trustee or an examiner.

Ms. Drinkard said the bankruptcy case was filed in order to delay
the resolution of their divorce case, which is pending in Washtenaw
County, Michigan.

According to her, the case was filed in bad case as evidenced by
her husband's purchases of luxury items and withdrawal of funds
from their joint bank account in violation of a restraining order
issued by a state court.

Ms. Drinkard can be reached through her attorney:

     Jeffrey G. Bennett
     Attorney for Lynn Drinkard
     24275 W. 12 Mile Rd., Ste. 110
     Southfield, MI 48034
     248/945-1111
     jbennett@savedme.com

                     About Kenneth Drinkard

Kenneth Drinkard sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 16-43482) on March 9,
2016.  The Debtor is represented by Constance G. Grayson, Esq., at
Gullette & Grayson, PSC.


L & W RESEARCH: Leek Wants Counsel to Provide Additional Services
-----------------------------------------------------------------
Paul Leek has asked the U.S. Bankruptcy Court in Connecticut to
allow his bankruptcy counsel to represent him in a lawsuit filed by
Precision Accelerators of Louisiana, LLC.

Precision Accelerators filed a lawsuit with the Connecticut
Superior Court, Judicial District of New Haven.  The outcome will
liquidate the amount of the company's claim in Mr. Leek's case,
which was filed in the sum of $1 million.

David Pite, Esq., at Pite Law Office LLC, was hired by Mr. Leek in
connection with his Chapter 11 case, which is jointly administered
with that of L & W Research Inc.  

The Debtor can be reached through his counsel:

     David C. Pite, Esq.
     Pite Law Office LLC
     1948 Chapel Street
     New Haven, CT 06515
     Tel: (203) 782-0503
     Fax: (203) 389-8344
     E-mail: pite@snet.net

                      About L & W Research

L & W Research Inc. and Paul H. Leek sought protection under
Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for
the District of Connecticut (Hartford) (Case Nos. 15-31500 and
15-21570) on September 2, 2015.  On October 2, 2015, the court
entered orders directing the Debtors' cases be jointly
administered.


LAUREATE EDUCATION: S&P Lowers CCR to 'B-' on Refinancing Risk
--------------------------------------------------------------
S&P Global Ratings said it has lowered its corporate credit rating
on Baltimore, Md.-based international higher-education provider
Laureate Education Inc. to 'B-' from 'B'.  The rating outlook is
stable.

At the same time, S&P lowered its issue-level ratings on the
company's senior secured revolving credit facility and term loan to
'B-' from 'B'.  S&P revised its recovery rating on each debt to '3'
from '4', indicating its expectation for meaningful recovery
(50%-70%; upper half of the range) of principal in the event of a
payment default.

S&P also lowered its issue-level rating on the company's senior
unsecured notes to 'CCC' from 'CCC+'.  The '6' recovery rating is
unchanged, indicating S&P's expectation for negligible recovery
(0%-10%) of principal in the event of a payment default.

"The downgrade reflects our view that Laureate faces sizeable
refinancing risk in 2019 with debt maturities that could total
approximately $3 billion if there is a maturity acceleration on its
amended term loan," said S&P Global Ratings credit analyst Thomas
Hartman.

Laureate has announced that it plans to use the approximately
$600 million in gross proceeds from its recently announced Swiss
and French asset sales to repay debt.  It also plans to extend most
of its 2018 debt maturities, including the $350 million revolving
credit facility and an estimated 70% of the $1.8 billion term loan.
The credit facility amendment, which is subject to a 70% minimum
participation rate, will extend the term loan maturity to March
2021 (subject to a springing maturity in June 2019 if more than
$250 million of the 9.25% senior notes remain outstanding) and
boosts interest margin by 300 basis points to 7.5%.  Furthermore,
S&P expects the revolving credit facility to include a maturity
extension into 2019. Although the maturity extension will help
Laureate's liquidity in the short term, S&P still expects the
company to generate minimal free operating cash flow in 2016 and
leverage to remain above 6x.  S&P believes Laureate is still
dependent on raising equity to both repay its 2019 debt maturities
and better position itself to address its entire capital
structure.

The stable rating outlook reflects S&P's view that Laureate will
have adequate liquidity and generate positive free operating cash
flow in 2016.  The outlook also reflects S&P's expectation that the
company will continue to make progress toward an eventual
recapitalization of the business.

S&P could lower its corporate credit rating on Laureate if the
company's liquidity weakens and it won't be able to repay the
remaining portion of its 2018 debt maturities, or if S&P believes
the company is unlikely to be able to refinance or extend its
significant 2019 debt maturities.  S&P could also lower the rating
if the covenant cushion falls below 15% or if it believes the
company will not generate positive free operating cash flow in 2016
and 2017.

Although unlikely over the next 12 months, an upgrade would depend
on Laureate addressing its significant 2019 debt maturities,
lowering its debt burden, and improving cash flow.  An upgrade
would likely require the company to maintain a ratio of free
operating cash flow to debt in the 5%-10% range.



LAVERNE TOEDTLI: Murphy to Auction Debtors' Vehicles
----------------------------------------------------
The Chapter 11 trustee for debtors Laverne Ernest Toedtli and Irene
Doris Toedtli on May 20, 2016, filed a motion to sell the Debtors'
vehicles and related personal property at public auction. The
Trustee tapped James G. Murphy Co. as auctioneer.  Murphy’s
auction advertising budget is approximately $5,000.  The Trustee
seeks to pay Murphy its commission of 10 percent and any costs
incurred in procuring, detailing, and storing the vehicles pending
sale, not to exceed $10,000, together with costs of advertising of
approximately $5,000, without further Court order.  Assets to be
auctioned include a 1938 Chevrolet Coupe and a 1964 Chevrolet
Corvair, which were not listed in the Debtors' bankruptcy Schedule
B.

                       About Laverne Toedtli

Laverne Ernest Toedtli and Irene Doris Toedtli filed a Chapter 11
petition (Bankr. W.D. Wash. Case No. 12-47526) on Nov. 2, 2012

Russell D. Garrett is the duly appointed Chapter 11 Trustee in the
case.  

The confirmed Chapter 11 plan provides for the sale of the Debtors'
personal property.  The Debtors have not claimed an exemption in
the property to be sold.  The Trustee employed James G. Murphy Co.
as an auctioneer.

The Trustee can be reached at:

        Russell D. Garrett
        JORDAN RAMIS, P.C.
        1499 SE Tech Center Place, Suite 380
        Vancouver, Washington 98683
        Telephone: 360-567-3900
        Facsimile: 360-567-3901


LEN-TRAN: Hires Stichter Riedel as Counsel
------------------------------------------
Len-Tran, Inc., d/b/a Turner Tree & Landscape seeks permission from
the U.S. Bankruptcy Court for the Middle District of Florida to
employ Stichter, Riedel, Blain & Postler, P.A. as Counsel for the
Debtor in Possession.

The Debtor requires Stichter Riedel to:

     a. render legal advice with respect to the Debtor's powers and
duties as debtor in possession, the continued operation of the
Debtor's business, and the management of its property;

     b. prepare on behalf of the Debtor necessary motions,
applications, orders, reports, pleadings, and other legal papers;

     c. appear before this Court and the United States Trustee to
represent and protect the interest of the Debtor;

     d. assist with the participate in negotiation with creditors
and other parties in interest in formulating an exit for the Debtor
in this case, whether through a sale or by way of a plan of
reorganization, drafting such a plan and a related disclosure
statement, and taking necessary legal steps to confirm such a
plan;

     e. represent the Debtor in all adversary proceeding, contested
matters, and matters involving administration of this case; and

     f. perform all other legal services that may be necessary for
the proper preservation and administration of this Chapter 11
case.

The Debtor has agreed to compensate Stichter Reidel on an hourly
basis in this case in accordance with Stichter Reidel's ordinary
and customary rates which are in effect of the date the services
rendered, subject only to approval of this Court.

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

Elena Paras Ketchum, Jr., attorney at Stichter, Riedel, Blain &
Postler, P.A., 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.

Stichter Riedel LLP may be reached at:

     Elena Paras Ketchum, Esq.
     Stichter, Riedel, Blain & Postler, P.A.
     110 East Madison Street, Suite 200
     Tampa, FL 33602
     Phone: (813)229-0144
     Fax: (813)229-1811
     E-mail: eketchum@srbo.com

Len-Tran, Inc., dba Turner Tree & Landscape, based in Bradenton,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-04145) on May 13, 2016.  Elena P Ketchum, Esq., at Stichter,
Riedel, Blain & Postler, P.A., serves as counsel to the Debtor.  In
its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Darrell
Turner, president.


LEVEL ACRES: Hires Dibble & Miller as Counsel
---------------------------------------------
Level Acres, LLC seeks permission from the U.S. Bankruptcy Court
for the Western District of New York to employ Dibble & Miller,
P.C. as counsel.

The Debtor requires Dibble & Miller, P.C. to:

     a. advise the Debtor of its rights, powers and duties as a
debtor and debtor-in-possession;

     b. advise and prepare, on behalf of the Debtor, any
appropriate applications, motions, draft orders, other pleadings,
notices, schedules, plan, disclosures and other documents

     c. counsel the Debtor in connection with the formulation,
negotiation and promulgation of a plan of reorganization and
related documents;

     d. assist the Debtor in reviewing, estimating and resolving
claims asserted against the Debtor's estate;

     e. appear in Court on behalf of the Debtors needed in
connection with this Chapter 11 case.

Dibble & Miller will be paid at these hourly rates:

      Attorney                $300
      Paralegal               $180

Dibble & Miller received a pre-petition retainer in the amount of
$12,500, plus $1,717 for the Chapter 11 filing fee, for a total
received pre-petition of $14,217 from the Debtor.

Mike Krueger, Esq., member of Dibble & Miller, P.C., assured the
Court that his 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.

Dibble & Miller can be reached at:

     Mike Krueger, Esq.
     Dibble & Miller, P.C.
     55 Canterbury Rd.
     Rochester, NY 14607
     Tel: (585)271-1500

Level Acres, LLC, based in Wellsville, N.Y., filed a Chapter 11
bankruptcy petition (Bankr. W.D.N.Y. Case No. 16-10964) on May 13,
2016.  Hon. Carl L. Bucki presides over the case.  Mike Krueger,
Esq., at Dibble & Miller, P.C., serves as Chapter 11 counsel.  The
Debtor listed total assets of $939,000 and total liabilities of
$2.60 million.  The petition was signed by Kevin P. Clark, sole
member.


LIFEPOINT HEALTH: Moody's Assigns Ba2 Rating on New $1.3BB Loans
----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 (LGD 4) rating to
LifePoint Health, Inc.'s proposed senior secured credit facility,
consisting of a $600 million revolver and a $700 million term loan
A.  Moody's understands that the proceeds of the new term loan will
be used to repay amounts due under the company's current term loan
A and term loan B.  There are no changes to LifePoint's existing
ratings, including the Ba2 Corporate Family Rating and Ba2-PD
Probability of Default Rating.  The rating outlook is stable.

The new credit facilities, along with the upsizing of the company's
May 12, 2016 bond offering by $100 million, will result in a modest
amount of incremental debt.  However, the increase is not
significantly detrimental to LifePoint's credit metrics, and hence
has no impact on the company's rating or outlook.  The new credit
facilities and the previously announced redemption of $400 million
of 6.625% senior notes due 2020 will also extend the company's debt
maturity profile.  LifePoint's nearest meaningful maturity will be
in 2021.  Moody's will withdraw the ratings on the existing
revolver and term loan at the close of the refinancing
transaction.

These ratings have been assigned.

  $600 million senior secured revolving credit facility expiring
   2021, at Ba2 (LGD 4)
  $700 million senior secured term loan A due 2021, at Ba2 (LGD 4)

                          RATINGS RATIONALE

LifePoint's Ba2 Corporate Family Rating reflects Moody's
expectation that the company's financial leverage will remain
moderately high.  Moody's expects the company to continue with its
active pursuit of acquisitions.  The rating also incorporates
Moody's expectation that the company will continue to successfully
integrate and see benefits from recent acquisitions despite a
considerable amount of capital spending at those facilities.  The
rating is supported by LifePoint's solid presence in the non-urban
markets in which it operates, as well as Moody's expectation that
operating performance will result in strong interest coverage and
cash flow coverage of debt.

The stable rating outlook reflects Moody's expectation that the
company will realize continued earnings growth but will not
meaningfully reduce leverage due to continued acquisitions and
higher capital spending.

The ratings could be upgraded if LifePoint realizes earnings growth
at existing facilities and acquisition activity does not
significantly disrupt operations or require a material use of
incremental debt.  More specifically, the ratings could be upgraded
if debt to EBITDA is sustained at or below 3.0 times.

Alternatively, the ratings could be downgraded if the company
completes material debt financed acquisitions or share repurchases.
The ratings could also be downgraded if operating challenges or
integration issues negatively impact credit metrics such that debt
to EBITDA is sustained above 4.0 times.  Finally, a deterioration
of the company's liquidity could also result in a ratings
downgrade.

Headquartered in Brentwood, Tennessee, LifePoint, through its
subsidiaries, owns and operates community hospitals, regional
health systems, physician practices, outpatient centers and
post-acute care facilities predominantly in non-urban communities.
At March 31, 2016, the company operated 72 hospital campuses in 22
states throughout the United States.  LifePoint generated about
$5.6 billion in revenues in the twelve months ended March 31,
2016.

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



LINN ENERGY: LinnCo Extends Exchange Offer for Energy Units
-----------------------------------------------------------
LinnCo, LLC, on May 24, 2016 disclosed that it has extended the
subsequent offering period in connection with its offer to exchange
each outstanding unit of LINN Energy, LLC ("LINN") for one LinnCo
share (the "Exchange Offer") upon the terms and conditions of the
Prospectus/Offer to Exchange dated April 26, 2016 (as amended, the
"Prospectus"), and the accompanying Amended and Restated Letter of
Transmittal (the "Letter of Transmittal").

The subsequent offering period for the Exchange Offer will now
expire at 12:00 midnight (New York City time) on Thursday, June 30,
2016.  American Stock Transfer & Trust Company ("AST"), the
exchange agent for the Exchange Offer, has advised LinnCo that a
total of approximately 12,066,714 LINN units have been tendered
during the subsequent offering period, and LinnCo has promptly
issued new LinnCo shares for all such tendered LINN units in
accordance with the terms of the Exchange Offer.  LinnCo now owns
approximately 69% of LINN's outstanding units.

LINN unitholders who validly tender their LINN units during the
subsequent offering period will receive the same exchange ratio
provided in the initial offering period of the Exchange Offer.
Procedures for tendering LINN units during the subsequent offering
period are the same as during the initial offering period, except
that pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act
of 1934, as amended, LINN units validly tendered during the
subsequent offering period will be accepted on a daily, "as
tendered" basis and, accordingly, may not be withdrawn.

As previously announced, on May 11, 2016, LINN, LinnCo, certain of
LINN's direct and indirect subsidiaries (collectively with LINN,
the "LINN Debtors"), and Berry Petroleum Company, LLC ("Berry" and,
collectively with the LINN Debtors and LinnCo, the "Debtors"),
filed voluntary petitions (the "Bankruptcy Petitions") for
reorganization under Chapter 11 of the United States Bankruptcy
Code (the "Bankruptcy Code") in the United States Bankruptcy Court
for the Southern District of Texas (the "Court").  On May 13, 2016,
the Court approved and entered an order authorizing the Company to
continue the Exchange Offer throughout the Debtors' Chapter 11
proceedings.  Any party not represented by counsel who would like
to receive electronic notifications of filings with the Court may
complete the appropriate Court-approved form, which can be obtained
at the following address:
http://www.txs.uscourts.gov/sites/txs/files/CRECFform.pdf
Copies of this form are also available on the website of LINN's
claims, noticing, and solicitation agent, Prime Clerk LLC, at
https://cases.primeclerk.com/linn

The purpose of the Exchange Offer is to permit holders of LINN
units to maintain their economic interest in LINN through LinnCo,
an entity that is taxed as a corporation rather than a partnership,
which may allow LINN unitholders to avoid future allocations of
taxable income and loss, including cancellation of debt income
("CODI"), that could result from future debt restructurings or
other strategic transactions by LINN.  In general, CODI will be
allocated to persons who are deemed to hold the LINN units when the
events giving rise to such CODI occur.  The filing of the
Bankruptcy Petitions under Chapter 11 of the Bankruptcy Code does
not itself cause LINN to recognize CODI; however, it is likely that
the final resolution of a bankruptcy plan would cause LINN to
recognize an amount of CODI, which may be substantial.

This news release shall not constitute an offer to sell, a
solicitation to buy or an offer to purchase or sell LINN units or
any other securities.  The Exchange Offer is being made only
pursuant to the Prospectus and only in such jurisdictions as is
permitted under applicable law.

                       About Linn Energy

Headquartered in Houston, Texas, Linn Energy, LLC, and its
affiliates are independent oil and natural gas companies.  The LINN
Debtors and Berry are operationally integrated.

The Debtors' workforce, which is not unionized, includes
approximately 1,650 employees.  Collectively, as of year-end 2015,
the Debtors have approximately 27,000 gross productive wells in the
United States, including in California, Colorado, Illinois, Kansas,
Louisiana, Michigan, New Mexico, North Dakota, Oklahoma, Texas,
Utah, and Wyoming.  As of year-end 2015, the Debtors had
approximately 4.5 trillion cubic feet equivalent of proved
reserves, of which approximately 26 percent were oil, 59 percent
were natural gas, and 15 percent were natural gas liquids.  The
Debtors also own and operate pipelines, processing facilities, and
steam generators to support their production activities.

Michael C. Linn, a director on the Linn Energy and LinnCo boards,
founded LINN Energy in 2003.  Since then, the Debtors have grown
from a small operator of natural gas wells into one of the largest
independent oil and gas companies in the United States.  Over the
ensuing period, the Debtors carried out over 60 acquisitions and
other transactions with a total value of approximately $17
billion.

In December 2013, the Debtors acquired Berry in a stock-for-stock
transaction valued at approximately $4.6 billion, inclusive of
Berry's net funded debt.  To effectuate the transaction, LinnCo
acquired all of Berry's outstanding shares in exchange for the
issuance of LinnCo shares, and Berry's pre-acquisition funded debt
remained outstanding.

Each of Linn Energy, LLC and 14 of its subsidiaries filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Proposed Lead Case No. 16-60040) on May 11, 2016.  The
petitions were signed by Arden L. Walker, Jr., chief operating
officer of LINN Energy.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Jackson Walker
L.L.P. as co-counsel, Lazard Freres & Co. LLC as financial advisor,
AlixPartners as restructuring advisor and Prime Clerk LLC as
claims, notice and balloting agent.

The cases are pending joint administration before Judge David R.
Jones.


LINN ENERGY: U.S. Trustee Forms 5-Member Committee
--------------------------------------------------
The Office of the U.S. Trustee on May 23 appointed five creditors
of Linn Energy LLC to serve on the official committee of unsecured
creditors.

The committee members are:

     (1) Wilmington Trust Company, as
         Indenture Trustee
         Attn: Peter F. Finkel
         50 South Sixth Street, Suite 1290
         Minneapolis, MN 55402
         Tel. 612-217-5629
         Fax 612-217-5651
         Email: pfinkel@wilmingtontrust.com

         Counsel: Kilpatrick Townsend & Stockton LLP
         Attn: Todd C. Meyers, Esq.
         1100 Peachtree Street NE, Suite 2800
         Atlanta, GA 30309
         Tel. 404-815-6482
         Fax 404-541-3307
         Email: tmeyers@kilpatricktownsend.com

     (2) 2. The Bank of New York Mellon Trust
         Company, N.A., as Successor Trustee
         Attn: J. Chris Matthews
         601 Travis Street, 6th Floor
         Houston, TX 77002-3001
         Tel. 713-483-6267
         Email: j.chris.matthews@bnymellon.com

         Counsel: Morgan, Lewis & Bockius, LLP
         Glenn E. Siegel, Esq.
         101 Park Avenue
         New York, NY 10178
         Tel. 212-309-6780
         Fax 212-309-6001
         Email: glenn.siegel@morganlewis.com

     (3) Sempra Rockies Marketing, LLC
         Attn: Matt Cooper
         488 8th Avenue
         San Diego, CA 92101
         Tel. 619-699-5149
         Email: mcooper@semprausgp.com

    (4) Global One Transport, Inc.
         Attn: Jason D. Dial
         3215 West 4th Street
         Fort Worth, TX 76107
         Tel. 817-291-5000
         Email: jdial@g1ti.com

         Counsel: Snow Spence Green LLP
         Phil Snow, Esq.
         2929 Allen Parkway, Suite 2800
         Houston, TX 77019
         Tel. 713-335-4802
         Fax 713-335-4902
         Email: philsnow@snowspencelaw.com

     (5) PCS Ferguson
         Attn: Linda Maguire
         3771 Eureka Way
         Frederick, CO 80516
         Tel. 720-407-3550
         Fax 720-407-3540
         Email: linda.maguire@doverals.com

         Counsel: Dore Law Group, P.C.
         Kim Lewinski, Esq.
         17171 Park Row, Suite 160
         Houston, TX 77084
         Tel. 281-829-1555
         Fax 281-200-0751
         Email: klewinski@dorelawgroup.net

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 Linn Energy

Headquartered in Houston, Texas, Linn Energy, LLC, and its
affiliates are independent oil and natural gas companies.  The LINN
Debtors and Berry are operationally integrated.

The Debtors' workforce, which is not unionized, includes
approximately 1,650 employees.  Collectively, as of year-end 2015,
the Debtors have approximately 27,000 gross productive wells in the
United States, including in California, Colorado, Illinois, Kansas,
Louisiana, Michigan, New Mexico, North Dakota, Oklahoma, Texas,
Utah, and Wyoming.  As of year-end 2015, the Debtors had
approximately 4.5 trillion cubic feet equivalent of proved
reserves, of which approximately 26 percent were oil, 59 percent
were natural gas, and 15 percent were natural gas liquids.  The
Debtors also own and operate pipelines, processing facilities, and
steam generators to support their production activities.

Michael C. Linn, a director on the Linn Energy and LinnCo boards,
founded LINN Energy in 2003.  Since then, the Debtors have grown
from a small operator of natural gas wells into one of the largest
independent oil and gas companies in the United States.  Over the
ensuing period, the Debtors carried out over 60 acquisitions and
other transactions with a total value of approximately $17
billion.

In December 2013, the Debtors acquired Berry in a stock-for-stock
transaction valued at approximately $4.6 billion, inclusive of
Berry's net funded debt.  To effectuate the transaction, LinnCo
acquired all of Berry's outstanding shares in exchange for the
issuance of LinnCo shares, and Berry's pre-acquisition funded debt
remained outstanding.

Each of Linn Energy, LLC and 14 of its subsidiaries filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Proposed Lead Case No. 16-60040) on May 11, 2016.  The
petitions were signed by Arden L. Walker, Jr., chief operating
officer of LINN Energy.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Jackson Walker
L.L.P. as co-counsel, Lazard Freres & Co. LLC as financial advisor,
AlixPartners as restructuring advisor and Prime Clerk LLC as
claims, notice and balloting agent.

The cases are pending joint administration before Judge David R.
Jones.


LIVE WELL: Patient Care Ombudsman to be Appointed
-------------------------------------------------
The Bankruptcy Court has ordered the appointment of a Patient Care
Ombudsman in the Chapter 11 case of Live Well Medical Centers
Orlando, LLC.

Live Well Medical Centers Orlando, LLC, filed a Chapter 11 petition
(Bankr. M.D. Fla. Case No. 15-03171) on May 12, 2016.  The Debtor
provides healthcare services.


LUCKY SOIL: Taps Prime Realty as Property Manager
-------------------------------------------------
Lucky Soil Investment LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of Texas to hire Prime Realty
Property Management as property manager.

The Debtor tapped the firm to assist in operating its property
located at 7171 Harwin, Houston, Texas.  Specifically, Prime Realty
will provide these services:

     (1) collect rents and deposits from tenants;

     (2) pay expenses of operation from revenue;

     (3) hire contractors for build-out with authority up to
         $2,500 without owner's consent;

     (4) negotiate and terminate leases and serve notices of
         termination; and

     (5) advertise the property for lease and submits property for

         listing.

Prime Realty has agreed to a fee arrangement, which involves a
monthly fee of 5% commission of base rent and the first check of
any new lease no greater than $5,000.  The firm has agreed to work
the first two months for free.

Aaron Styron disclosed in an affidavit that the employees of Prime
Realty are "disinterested persons" as defined in section 101(14) of
the Bankruptcy Code.

The Debtor can be reached through its counsel:

     John Robert Brown, Jr. Esq.
     Gamal Dang & Associates
     9600 Bellaire, Ste 212
     Houston, TX 77036
     Tel: 713-995-6300
     Email: robertbrown@gamaldang.com

Prime Realty can be reached through:

     Aaron Styron
     3515 Preston, Ste. 100
     Pasadena, Texas 77505
     Tel: (281) 487-3345
     Fax: (281) 487-3473
  
                   About Lucky Soil Investment

Lucky Soil Investment LLC sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Southern
District of Texas (Houston) (Case No. 16-31756) on April 4, 2016.

The petition was signed by Cathy Nguyen, managing director. The
Debtor is represented by John Robert Brown, Jr., Esq., at     Gamal
Dang & Associates.

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


M SPACE HOLDINGS: Taps Holland & Hart as Legal Counsel
------------------------------------------------------
M Space Holdings, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Utah to hire Holland & Hart LLP as its legal
counsel.

The Debtor tapped the firm to provide these services:

     (a) prepare legal papers on behalf of the Debtor;

     (b) advise the Debtor with respect to its powers and duties
         as a debtor-in-possession in the continued conduct of its

         business;

     (c) negotiate with creditors of the Debtor and other parties
         in developing a plan of reorganization or liquidation,
         and taking any necessary steps to obtain confirmation of
         and to implement such plan;

     (d) review, analyze and advise the Debtor regarding claims or

         causes of action to be pursued on behalf of the estate;

     (e) assist the Debtor in negotiations with various creditor
         constituencies regarding an exit, resolution and payment
         of the creditors' claims;

     (f) review and analyze the validity of the claims filed and
         advise the Debtor as to the filing of objections to
         claims, if necessary; and

     (g) provide continuing legal advice with respect to the
         bankruptcy, estate, litigation, avoidance actions and
         miscellaneous other legal matters.

Holland & Hart's hourly billing rates for attorneys anticipated to
perform the majority of services on behalf of the Debtor range from
$230 to $480.  Meanwhile, its paraprofessional's hourly rates range
from $135 to $195.

Holland & Hart does not represent any other entity having an
adverse interest to the Debtor, its bankruptcy estate or its
unsecured creditors, according to court filings.

The firm can be reached through:

     Mona L. Burton, Esq.
     Sherilyn A. Olsen, Esq.
     Ellen E. Ostrow, Esq.
     Holland & Hart LLP, Esq.
     222 S. Main Street, Suite 2200
     Salt Lake City, UT 84101
     Telephone: (801) 799-5800
     Fax: (801) 799-5700
     E-mail: solsen@hollandhart.com
             mburton@hollandhart.com
             eeostrow@hollandhart.com

                      About M Space Holdings

M Space Holdings, LLC is a provider of turnkey complex modular
space solutions.   The Debtor sought protection under Chapter 11 of
the Bankruptcy Code in the U.S. Bankruptcy Court for the District
of Utah (Salt Lake City) (Case No. 16-24384) on May 19, 2016.  The
petition was signed by Jeffrey Deutschendorf, chief executive
officer and president.

The case is assigned to Judge Joel T. Marker. The Debtor's asset
Liquidator is Gordon Brothers Commercial & Industrial, LLC.

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


MAJESTIC AIR: Case Summary & 4 Unsecured Creditors
--------------------------------------------------
Debtor: Majestic Air, Inc.
        21007 Superior Street
        Chatsworth, CA 91311

Case No.: 16-11538

Chapter 11 Petition Date: May 23, 2016

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

Judge: Hon. Martin R. Barash

Debtor's Counsel: Stella A Havkin, Esq.
                  HAVKIN & SHRAGO ATTORNEYS AT LAW
                  20700 Ventura Blvd, Ste 328
                  Woodland Hills, CA 91364
                  Tel: 818-999-1568
                  Fax: 818-305-6040
                  E-mail: stella@havkinandshrago.com

Total Assets: $3.47 million

Total Liabilities: $3.21 million

The petition was signed by Tessie Cue, president.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb16-11538.pdf


MBIA INC: Moody's Affirms Ba1 Senior Debt Rating, Outlook Negative
------------------------------------------------------------------
Moody's Investors Service has affirmed the Ba1 senior debt rating
of MBIA Inc. and the A3 insurance financial strength (IFS) rating
of its principal operating subsidiary, National Public Finance
Guarantee Corporation (National).  In the same rating action,
Moody's downgraded the IFS rating of MBIA Insurance Corporation
(MBIA Corp.) to Caa1 from B3, concluding a review for downgrade
that was initiated on Jan. 19, 2016.  The outlook for these ratings
is negative.

Moody's also affirmed the Ba2 IFS rating of MBIA UK Insurance
Limited (MBIA UK), with a stable outlook.

These rating actions also have implications for the various
transactions wrapped by MBIA Corp. as discussed later in this press
release.

MBIA Mexico S.A. de C.V. was not part of the rating action. MBIA
Mexico's IFS rating is currently B3, on review for downgrade.

RATINGS RATIONALE -- MBIA INSURANCE CORPORATION

Moody's stated that the rating downgrade of MBIA Corp.'s IFS rating
to Caa1, from B3, reflects the insurer's very weak liquidity and
capital position, and increasing risk of default on insurance
obligations, in light of continued uncertainties and material risks
associated with the Zohar II CLO transaction it insures.

The default of Zohar I in November 2015 resulted in MBIA Corp.
making a $149 million claims payment to insured noteholders, which
meaningfully reduced its liquidity position.  Given the correlation
between the Zohar I and Zohar II deals, Moody's believes that it is
likely that Zohar II will also default upon maturity, in January
2017, triggering a claim of up to $776 million on MBIA Corp.
Moody's notes that a claim of this size would exhaust MBIA Corp.'s
current liquidity that consisted of approximately $278 million of
liquid assets as of March 31, 2016. MBIA Corp., however, believes
that it can access sufficient liquidity to satisfy any Zohar claim
through a combination of collateralized loans and sale of
subsidiaries.

While MBIA Corp. has been able to install a new collateral manager
for the Zohar transactions, there is significant uncertainty with
respect to the market value of the collateral backing these
transactions and the related recovery that MBIA Corp. can expect on
the insured bonds.

Recent commutations of insured exposures, and the settlement of
RMBS put-back claims have improved the firm's capital adequacy
profile, but liquidity remains tight as much of the firm's
statutory capital stems from expected contingent claims on excess
spread recoveries on RMBS transactions and additional RMBS put-back
settlement recoveries.  The majority of MBIA Corp.'s structured
finance book is expected to run off within the next five years,
freeing up capital resources.  However, MBIA Corp. remains exposed
to a number of large structured transactions that could cause
significant stress, including insolvency, in the event of default
with a large liquidity call and/or a high severity of loss.

Moody's added that the ratings of MBIA Corp.'s preferred stock (C
(hyb)) and surplus notes (Ca (hyb)) reflect their high expected
loss content given the company's still weak capital profile and the
deeply subordinated nature of these securities.

According to Moody's, credit deterioration at MBIA Corp. has only a
limited impact on the broader MBIA group given the substantial
delinking following the removal of the cross-default provision with
MBIA Inc.'s debt, and MBIA Corp.'s repayment of a loan from
affiliate National.  However, MBIA Corp.'s very weak credit profile
could still adversely impact MBIA Inc., and to a lesser extent,
National, through reputational damage caused by their affiliation
with MBIA Corp.

RATINGS RATIONALE -- NATIONAL PUBLIC FINANCE GUARANTEE CORP.

National's A3 IFS rating, with negative outlook, reflects the
insurer's substantial stand-alone capital resources, the meaningful
delinking from its weaker affiliates, steady amortization of its
legacy book, and its ongoing efforts to reestablish its franchise
in the primary and secondary US municipal debt markets.  Moderating
these strengths is National's substantial exposure to below
investment grade credits, which represented approximately 4.2% of
its insured book and 185% of qualified statutory capital at 1Q2016.
In addition, Moody's notes that National, like its peers,
continues to face challenging fundamentals in the sector, including
low financial guaranty insurance penetration, weak pricing and low
interest rates. National's market share of new business is a
fraction of the one achieved by its two main competitors.

As of March 31, 2016, National had approximately $4.3 billion of
gross par exposure to the debt securities of Puerto Rico issuers
(including accreted interest on capital appreciation bonds).  While
the situation in Puerto Rico remains fluid, there remains a high
likelihood that much of Puerto Rico's debt will eventually need to
be restructured, with the potential for substantial loss claims
under National's insurance policies.  However, Moody's notes that
Puerto Rico Electric Power Authority (PREPA -- Caa3/negative),
which represents nearly $1.4 billion, or 32%, of National's total
Puerto Rico exposure, has entered into a consensual restructuring
agreement with its creditors that would not result in a principal
impairment on insured bonds.  Such planned restructuring has,
however, not yet occurred.

Beyond PREPA, the majority of National's remaining Puerto Rico
exposure is to the Commonwealth's general obligation bonds
(Caa3/negative) and to senior lien bonds issued by Puerto Rico
Sales Tax Financing Corporation (Caa3/negative).  The absence of a
clear legal framework for a broad debt restructuring in Puerto
Rico, as well as the number of stakeholders involved, suggests that
it may be some time before the ultimate losses on these exposures
is known.  The negative outlook on National's IFS rating reflects
the uncertainties and downside risks that could emerge during the
restructuring process.

                  RATINGS RATIONALE -- MBIA UK

According to Moody's, MBIA UK's Ba2 insurance financial strength
rating reflects its meaningful stand-alone capital resources
relative to its insured exposures.  This strength is tempered by
the company's limited stand-alone business profile as a company in
run-off, its ownership by MBIA Corp. that may be able to access its
financial resources, and by its highly concentrated portfolio of
European infrastructure finance exposures that includes a number of
very large single risks, which exposes the company to heightened
idiosyncratic risk.

                      RATINGS RATIONALE -- MBIA INC.

The Ba1 senior unsecured debt rating and negative outlook of MBIA
Inc. reflects the credit profiles of its subsidiaries and its
adequate liquidity profile stemming from the resumption of dividend
payments from National and release of funds from tax escrow.
However, the firm's high debt burden and meaningful asset risks, a
large share of which linger at its wind-down operations, remain a
distinct weakness.  The notching between MBIA Inc.'s senior debt
rating and the IFS rating of its lead insurance subsidiary,
National, is four notches, reflecting the group's high financial
leverage and the significantly weaker credit profile of MBIA Corp.,
its other substantial subsidiary.

               WHAT COULD CHANGE THE RATINGS UP OR DOWN

The ratings of MBIA Corp. could be raised if its financial profile,
including capital adequacy and liquidity, improved materially.  The
rating could be lowered in the event the firm's plans to improve
liquidity for potential default claims on the Zohar II transaction
are unsuccessful and it defaults on its insurance obligations.

National's rating could return to a stable outlook once there is
visibility that qualified statutory capital will not decrease by
more than 10% following a restructuring of its Puerto Rico
exposures (over a twelve month period).  Conversely, National's
rating could be downgraded if developments in Puerto Rico result in
losses that reduce the firm's qualified statutory capital by more
than 15% over a twelve month period.  Additionally, the rating
could be lowered if capital were to be up-streamed to its parent
without an associated reduction of risk, or if National provided
material capital support to MBIA Corp.

For MBIA UK, given its ownership by MBIA Corp., the slow expected
amortization in its insured portfolio and the company's run-off
status, there is limited potential for upward rating movement over
the near to medium term.  Conversely, the following factors could
lead to a downgrade of MBIA UK's rating: 1) Significant incurred
losses or credit deterioration among large single risk exposures;
and 2) Capital extraction by MBIA Corp. that significantly
diminishes the firm's risk adjusted capital adequacy.

These factors could lead to an upgrade of MBIA Inc.'s debt rating:
(1) an upgrade of National; and/or (2) a significant reduction in
adjusted financial leverage. Conversely, the following factors
could result in a downgrade: (1) a downgrade of National; and/or
(2) constrained liquidity at the holding company.

RATING LIST

These ratings have been affirmed with a negative outlook:

MBIA Inc. -- Senior unsecured debt at Ba1;
  National Public Finance Guarantee Corporation -- insurance
   financial strength at A3;

This rating has been affirmed with a stable outlook:

  MBIA UK Insurance Limited -- insurance financial strength at
   Ba2;

This rating has been downgraded and assigned a negative outlook:

  MBIA Insurance Corporation -- insurance financial strength to
   Caa1 from B3;

These ratings have been affirmed:

  MBIA Insurance Corporation -- surplus notes at Ca(hyb),
   preferred stock at C(hyb).

                 TREATMENT OF WRAPPED TRANSACTIONS

Moody's ratings on securities that are guaranteed or "wrapped" by a
financial guarantor are generally maintained at a level equal to
the higher of the following: a) the rating of the guarantor (if
rated at the investment grade level); or b) the published
underlying rating (and for structured securities, the published or
unpublished underlying rating).  Moody's approach to rating wrapped
transactions is outlined in Moody's methodology "Rating
Transactions Based on the Credit Substitution Approach: Letter of
Credit-backed, Insured and Guaranteed Debts" (December 2015).

MBIA Insurance Corporation and National Public Finance Guarantee
Corporation are financial guaranty insurance companies domiciled in
New York State and are wholly owned subsidiaries of MBIA Inc.
[NYSE: MBI].  As of March 31, 2016, MBIA Inc. had consolidated net
par outstanding of approximately $183 billion and qualified
statutory capital at its subsidiaries of approximately of $4.3
billion.

The principal methodology used in these ratings was Financial
Guarantors published in April 2016.


MCGAHAN FAMILY LP: Judge Denies Motion to Sell Property
-------------------------------------------------------
Judge Gary Spraker on May 20, 2016, entered an order denying
McGahan Family Limited Partnership's motion to sell property.
Attorneys for the Debtor, Richard Hamilton, the U.S. Trustee, the
United States of America and Kenai Peninsula Borough appeared at
the May 20 hearing.  Based upon the comments made during the
hearing, the judge denied approval of the motion to sell.  The
Debtor had sought permission to sell its real property for $7,000,
free and clear of all liens except for the liens held by the
Internal Revenue Service.  The Debtor said that the sale proceeds
will be sufficient to pay all creditors.

                      About McGahan Family LP

McGahan Family Limited Partnership sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Alaska Case No. 16-00049) on
March 4, 2016.  The Debtor estimated less than $50,000 in assets
$50,000 to $100,000 in liabilities.  The Debtor is represented by
Terry P. Draeger, Esq., at Beaty & Draeger, Ltd.


MEDICAL INVESTORS: Hires RealCorp to Sell Putnam, W.Va. Property
----------------------------------------------------------------
Medical Investors, LLC seeks approval from the U.S. Bankruptcy for
the Southern District of West Virginia to hire a realtor in
connection with the sale of its real property located in Putnam
County, West Virginia.

The Debtor tapped Realcorp Inc. and Larry Hoylman, who has agreed
to a 6% brokerage fee.

In an affidavit, Realcorp and Mr. Hoylman disclosed that they are
"disinterested persons" as defined by section 101 of the Bankruptcy
Code.

The Debtor can be reached through:

     Joseph W. Caldwell, Esq.
     Caldwell & Riffee
     P.O. Box 4427
     Charleston, WV 25364
     Tel: (304) 925-2100

                     About Medical Investors

Hurricane, West Virginia-based Medical Investors, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. S.D. W. Va. Case No.
16-30223) on May 5, 2016, estimating its assets at between $1
million and $10 million and its liabilities at between $500,000 and
$1 million.  The petition was signed by Darrin VanScoy, managing
member.  Judge Frank W. Volk presides over the case.

Joseph W. Caldwell, Esq., Caldwell & Riffee serves as the Debtor's
bankruptcy counsel.


MID-SOUTH AUTO AUCTION: Taps Edmiston as Legal Counsel
------------------------------------------------------
Mid-South Auto Auction, Inc. seeks approval from the U.S.
Bankruptcy for the Eastern District of Tennessee to hire Keith
Edmiston of Edmiston Foster as its counsel.

The services to be provided by Mr. Edmiston include:

     (a) giving the Debtor legal advice with respect to its powers

         and duties in the continued operation and management of
         its property and activities;

     (b) preparing legal papers on behalf of the Debtor; and
.
     (c) making all necessary appearances in the court on behalf
         of the Debtor.

Mr. Edmiston will charge the Debtor $250 per hour for his
services.

In an affidavit, Mr. Edmiston disclosed that he is a "disinterested
person" as defined by section 101(14) of the Bankruptcy Code.

Edmiston Foster can be reached through:

     Keith L. Edmiston
     Edmiston Foster
     P. O. Box 30782
     Knoxville, TN 37930
    (865) 249-6038
     keith.edmiston@edmistonfoster.com

                  About Mid-South Auto Auction

Mid-South Auto Auction, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Tenn. Case No. 16-31383) on May 3,
2016.


MK FERGUSON: Bid to Dismiss Suit Over Pass-Through Claim Denied
---------------------------------------------------------------
Judge Lynn J. Bush of the United States Court of Federal Claims
denied the government's motion to dismiss the case captioned M.K.
FERGUSON COMPANY, for the use and benefit of the secured creditors
of GROUND IMPROVEMENT TECHNIQUES, INC.; PNC BANK, N.A.; FIREMAN'S
FUND INSURANCE COMPANY; and R.N. ROBINSON & SONS, INC., Plaintiffs,
v. THE UNITED STATES, Defendant, No. 12-57 C (Fed. Cl.).  The
motion was brought under Rules 12(b)(1) and 12(b)(6) of the Rules
of the United States Court of Federal Claims (RCFC).

A full-text copy of Judge Bush's April 14, 2016 opinion and order
is available at https://is.gd/yhpPfg from Leagle.com.

In 1995, Ground Improvement Techniques, Inc. (GIT) became the
subcontractor for MK-Ferguson Company (MK) on a United States
Department of Energy (DOE) project in Slick Rock, Colorado for the
remediation of uranium mill tailings.  As a result of a contract
dispute, GIT eventually won a judgment against MK in a federal
court, a portion of which remains unsatisfied.

In 2001, MK filed for bankruptcy under Chapter 11 of the Bankruptcy
Code, in the United States Bankruptcy Court for the District of
Nevada (the MK bankruptcy litigation). The unsatisfied portion of
GIT's judgment against MK, and post-judgment interest, were claims
administered in MK's bankruptcy.  The bankruptcy court required MK
to file a certified claim with DOE to attempt to satisfy GIT's
claims against MK related to the DOE project.  MK did so in 2010,
but the certification was contested as inadequate.

MK very recently corrected its certification of GIT's claim to
comply with claim certification requirements under the Contract
Disputes Act of 1978.  This type of claim is sometimes referred to
as a pass-through claim, where the prime contractor certifies the
claim of the subcontractor and sponsors that claim under its own
name.  Because GIT also went through bankruptcy, any proceeds from
GIT's claim will be paid to the assignees of that claim in GIT's
bankruptcy, usually referred to as the "Secured Parties."  Those
assignees are indicated in the caption of the above-captioned case
by the term "secured creditors" of GIT.

The government moved to dismiss, but was denied by the court.
Judge Bush agrees with the defendant, however, that the caption of
the case should be modified to reflect the correct corporate name
of the current prime contractor with DOE, URS Energy &
Construction, Inc., the successor to MK and the sponsor of the
claim set forth in the amended complaint.  Judge Bush ordered that
the parties should substitute "URS Energy & Construction, Inc." for
"M.K. Ferguson Company" in the caption of the case going forward.
The next procedural step in the case will be to remand the
plaintiffs' claim to DOE.  All other proceedings in the case were
stayed until further order of the court.

URS ENERGY & CONSTRUCTION, INC., PNC BANK, N.A., FIREMAN'S FUND
INSURANCE COMPANY, R.N. ROBINSON & SONS, INC., are represented by:

          Robert Galen Barbour, Esq.
          WATT, TIEDER & HOFFAR
          8405 Greensboro Drive, Suite 100
          McLean, VA 22102
          Tel: (703)749-1000
          Fax: (703)893-8029
          Email: rbarbour@wattieder.com

USA is represented by:

          Jeffrey Andrew Regner, Esq.
          U.S. DEPARTMENT OF JUSTICE - COMMERCIAL LIT. BRANCH


MONSERRATE HERNANDEZ: Plans July 28 Auction for 38 Chicago Lots
---------------------------------------------------------------
Monserrate Hernandez on May 20, 2016, filed with the U.S.
Bankruptcy Court for the Northern District of Illinois a motion
seeking approval of bidding and sale procedures for the sale of up
to 38 real properties, which include both developed a signed or
multi-family developments and vacant land in Chicago, Illinois.

The Debtor and secured creditor IBT Special Asset Fund I LLC have
agreed to market and sell 23 residential or vacant use properties
that are subject to senior secured first mortgages in favor of IBT.
In addition, the Debtor and Pan American Bank have discussed the
sale of fifteen additional properties in which PanAm possesses
valid, senior secured first mortgages in its favor.

As of April 31, 2016, IBT has asserted a secured claim in the
amount of $7,540,349, as to which Debtor has no objection.  In
addition, PanAm has asserted a secured claim in the amount of at
least $954,927, as to which the Debtor has no objection.

The Debtor has determined that it is in his creditors' best
interest to seek authority to retain properties to assist with the
marketing and the sale of some or all of the real property.

The Debtor proposes an auction to be conducted at the offices of
Jeffrey Strange and Associates at 7171 Ridge road in Wilmette,
Illinois, on July 29, 2016, at 10:00 a.m.  To participate in the
auction, initial bids must be submitted by July 22, 2015.

The primary terms of the Bid Procedures are:

  * Purchase Price:  There shall be no minimum bid amount for
Properties individually.  Debtor will work collectively with IBT
and the Broker to determine appropriate pricing for each Property.

  * Assumed Liabilities:  None contemplated

  * Deposit: 5% of the Bid amount in the form of a certified check,
cash, wire transfer, or otherwise immediately available funds
payable to Debtor, to be submitted along with the Bid. IBT shall
not be required to make a deposit and may credit bid the amount of
its IBT Secured Claim.

  * Closing: Closing will occur no later than Aug. 31, 2016.

  * Credit Bid: IBT shall be deemed to be a Qualified Bidder and
will have the right, but not the obligation, to credit bid under 11
U.S.C. Section 363(k) in an amount up to the IBT Secured Claim
amount.

A hearing on the proposed sale procedures is scheduled for June 1,
2016, at 10:00 a.m.

The list of properties to be sold is available at:

   http://bankrupt.com/misc/M_Hernandez_14_Sale_Exhibit.pdf

                    About Monserrate Hernandez

Monserrate Hernandez is an individual who owns a series of real
properties located in the City of Chicago.  Hernandez possesses
ownership interests in over 40 parcels of real property.  These
real properties include developed and undeveloped parcels. The
developed parcels consist of residential properties in Chicago.

Due to financial difficulties resulting from the "Great Recession,"
Mr. Hernandez has been unable to stay current on his loan
obligations to his secured lenders, including IBT Special Asset
Fund I LLC, an Illinois limited liability company ("IBT"), TCF
Bank1, and Urban Partnership Bank. Debtor also has outstanding (and
non-defaulted) loan obligations owed to Pan American Bank
("PanAm").

Monserrate Hernandez sought Chapter 11 protection (Bankr. N.D. Ill.
Case No. 16-15759) on May 9, 2016.

The Debtor's attorneys:

         Jeffrey Strange
         JEFFREY STRANGE & ASSOCIATES
         717 Ridge Road
         Wilmette, IL 60091
         Tel: 847.256.7377
         Fax: 847.256.1681
         E-mail: jstrangelaw@aol.com


MORTGAGE LENDERS: Court Junks DePalma's WPL Claim
-------------------------------------------------
Judge Mary L. Cooper of the United States District Court for the
District of New Jersey granted summary judgment in favor of
Defendants on Count XXIX of the Complaint styled MICHAEL MEYERS, et
al., Plaintiffs, v. MITCHELL L. HEFFERNAN, et al., Defendants,
Civil Action No. 12-2434 (MLC).

Defendants, Mitchell L. Heffernan and James E. Pedrick move for
summary judgment on Count XXIX of the complaint. Plaintiff, Jeffrey
DePalma does not oppose that motion.

Count XXIX of the complaint, set forth DePalma's claim under the
New Jersey Wage Payment Law (WPL), the single remaining claim in
this action.

Defendants contend that Plaintiff's allegations fail "to establish
an essential element of his claim -- that he is entitled to relief
under the WPL as an employee of Mortgage Lenders Network USA, Inc.
(MLN) in Pennsylvania."

The Court found that Plaintiff failed to provide evidence that: (1)
he worked in the state of New Jersey; or (2) MLN conducted business
in the state of New Jersey sufficient to satisfy the definition of
"employer" under the WPL. The undisputed facts here indicate that
Plaintiff worked at MLN headquarters in Horsham, Pennsylvania. The
Court found no genuine issue of material fact that Plaintiff, as a
Pennsylvania employee, was entitled to protection under the WPL.

A full-text copy of the Memorandum Opinion dated April 22, 2016 is
available at https://is.gd/8tVqFx from Leagle.com.

JEFFREY DE PALMA, Plaintiff, Pro Se.

MITCHELL L HEFFERNAN, Defendant, is represented by LESLEY M.
IBANEZ, Esq. -- POZZUOLO RODDEN, P.C. & JUDITH P. RODDEN, Esq.--
POZZUOLO RODDEN, P.C..

JAMES E PEDRICK, Defendant, is represented by JUDITH P. RODDEN,
POZZUOLO RODDEN, P.C. & LESLEY M. IBANEZ, POZZUOLO RODDEN, P.C..

                   About Mortgage Lenders

Middletown, Connecticut-based Mortgage Lenders Network USA Inc. --
http://www.mlnusa.com/-- was once the 15th largest mortgage   
lender in the United States.  The Company filed for Chapter 11
protection on February 5, 2007 (Bankr. D. Del. Case No. 07-10146).
Pachulski Stang Ziehl & Jones LLP represents the Debtor.  Blank
Rome LLP represents the Official Committee of Unsecured Creditors.
In the Debtor's schedules of assets and liabilities filed with the
Court, it disclosed total assets of $464,847,213 and total debts
of $556,459,464.

The Honorable Peter J. Walsh approved the Company's the First
Amended Plan of Liquidation as Modified on February 3, 2009.  A
full-text copy of the Debtor's First Amended Liquidating Plan
under Chapter 11 of the Bankruptcy Code, dated December 19, 2008,
is available at http://is.gd/1a3YGat no charge.   

On July 19, 2011, the Bankruptcy Judge entered an Order approving
the final distributions, including distributions to most of the
plaintiffs, in the MLN Bankruptcy Case.


NATIVE ENVIRONMENTAL: Hires Price Kong as Accountant
----------------------------------------------------
Native Environmental, LLC seeks permission from the U.S. Bankruptcy
Court for the District of Arizona to employ Price, Kong, & Co. CPA
as accountant for the Debtor.

The Debtor requires Price Kong to provide accounting services,
including, without limitation, preparation of the Debtor's 2015
federal and state partnership income tax returns.

Price Kong will be paid at these rates:

Senior Partner                                   $325
Paraprofessional                                 $80
Preparation of partnership income tax returns    $1,200-$1,500

Price Kong has no connection with the creditors, or any other party
in interest, or any of their respective attorneys, or any person
employed in the United States Trustee, and represents no interest
adverse to the Debtor or the bankruptcy estates and Price Kong is
disinterested as that term defined by 11 U.S.C. Sec. 101(14) in
that it is not a creditor, equity security holder, or an insider of
the Debtor.

Price Kong can be reached at:

     Price Kong CPAs Consultants
     5300 N. Central Ave 200
     Phoenix, AZ 85012
     Tel: (602)776-6300
     Fax: (602)279-4537

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


NEIMAN MARCUS: Bank Debt Trades at 9% Off
-----------------------------------------
Participations in a syndicated loan under which Neiman Marcus Group
Inc is a borrower traded in the secondary market at 91.31
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 2.76 percentage points from the
previous week.  Neiman Marcus pays 300 basis points above LIBOR to
borrow under the $2.9 billion facility. The bank loan matures on
Oct. 16, 2020 and carries Moody's B2 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


NELSON SERVICE: Hires Bedford as Counsel in BP Oil Spill Case
-------------------------------------------------------------
Nelson Service Group, Inc., seeks permission from the U.S.
Bankruptcy Court for the Northern District of Alabama to employ
Roger Bedford, Jr., of the law firm Roger Bedford & Assoc., P.C.,
as special counsel nunc pro tunc in accordance with Section 327(e)
of the U.S. Bankruptcy Code.

The Debtor is represented by Mr. Bedford and his law firm, along
with the firm of Beasley, Allen, Crow, Methvin, Portis & Miles,
P.C., in a lawsuit with regard to the 2009 BP Oil Spill in the Gulf
of Mexico.  Mr. Bedford assisted the Debtors in reviewing and
determining the Debtor's initial eligibility for filing the claim.
In performing this analysis, Mr. Bedford met with representatives
of the Debtor and its accountants.  He also worked with the firm of
Beasley Allen and Grant Cofer, Esq., in the preparation of the
claims which were submitted to BP on the Debtor's behalf.

The Debtor has agreed to pay Mr. Bedford and his law firm on a
contingency fee basis.  The total contingency fee to be awarded is
25% of the net recovery.  Mr. Bedford will receive 40% of the 25%
attorney fees and the remaining is to be paid to Mr. Cofer and
Beasley Allen pursuant to the fee application.

The Debtor tells the Court that Mr. Bedford does not have any
interest that is adverse to the interest of the Debtor or the
bankruptcy estate.

Mr. Bedford can be reached at:

      Roger Bedford Jr.
      Roger Bedford & Associates, P.C.
      P.O. Box 370
      Russellville, AL 35653-0370

                      About Nelson Service

Nelson Service Group, Inc., sought protection under Chapter 11 of
the Bankruptcy Code in the Northern District of Alabama (Decatur)
(Case No. 15-83453) on December 23, 2015.  The petition was signed
by Alex Nelson, president and CEO.

The Debtor is represented by Kevin D. Heard, Esq., at Heard, Ary &
Duaro LLC.  The case is assigned to Judge Clifton R. Jessup Jr.

The Debtor disclosed total assets of $1.49 million and total
debts of $750,415.


NELSON SERVICE: Taps Beasley Allen for BP Oil Spill Litigation
--------------------------------------------------------------
Nelson Service Group, Inc., filed with the U.S. Bankruptcy Court
for the Northern District of Alabama an amended application seeking
approval of its bid to employ Grant Cofer, Esq., and the law firm
Beasley, Allen, Crow, Methvin, Portis & Miles, P.C., as special
counsel.

As reported by the Troubled Company Reporter on May 18, 2016, the
Debtor sought authorization from the Court to hire Beasley Allen to
represent the Debtor in a lawsuit related to the Deepwater Horizon
oil spill in the Gulf of Mexico.  The Debtor had requested the
Court that it be allowed to pay the Firm based on a contingency fee
equal to 27% of the net recovery after the reimbursement of
expenses.

Pre-petition the Debtor was involved in litigation with regard to
the Deep Water Horizon - BP Oil Spill.  Mr. Cofer is to render
representation of the Debtor in a claim against BP.

The Debtor has agreed to pay Mr. Cofer and Beasley Allen based on a
contingency fee.  The total amount of the contingency fee to be
awarded is 25% of the net recovery after the reimbursement of
expenses.  The 25% is to be divided between Beasley Allen (60%) and
Roger Bedford, Jr., of the law firm Roger Bedford & Assoc., P.C.
(40%) based on the level of services rendered to the Debtor.

Beasley Allen specializes in the pursuit of potential claims for
injuries and damages related thereto, including but not limited to
property damage and economic loss caused by BP; BP Products North
America, Inc.  Mr. Cofer and Beasley Allen worked with the Debtor
and Mr. Bedford in reviewing and preparing the schedules necessary
to submit to BP to support the claim.  Additionally, Mr. Cofer
worked directly with representatives of BP to determine the type of
claim and the availability of recovery.

The Debtor assures the Court that the employment of Mr. Cofer and
Beasley Allen is in the best interest of the estate as he is
well-qualified to act as counsel to represent the Debtor in this
proceeding.  The Debtor tells the Court that he does not have any
interest that is adverse to the interest of the Debtor or the
bankruptcy estate.

The Firm can be reached at:

      Grant M. Cofer, Esq.
      Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.
      218 Commerce Street
      Montgomery, AL 36104
      Tel: (334) 495-1622
      Fax: (334) 954-7555
      E-mail: grant.cofer@beasleyallen.com

                      About Nelson Service

Nelson Service Group, Inc., sought protection under Chapter 11 of
the Bankruptcy Code in the Northern District of Alabama (Decatur)
(Case No. 15-83453) on December 23, 2015.  The petition was signed
by Alex Nelson, president and CEO.

The Debtor is represented by Kevin D. Heard, Esq., at Heard, Ary &
Duaro LLC.  The case is assigned to Judge Clifton R. Jessup Jr.

The Debtor disclosed total assets of $1.49 million and total
debts of $750,415.


NIGHTINGALE HOME: Patient Care Ombudsman Issues First Report
------------------------------------------------------------
Eric M. Heubscher submitted a first report as Patient Care
Ombudsman (PCO) of Nightingale Home Healthcare, Inc., for the
period Jan. 11, 2016, to March 16, 2016.

The Bankruptcy Code requires the PCO to monitor patient care and
further states that the monitoring of the quality of patient care
provided to patients of the Debtor should be tailored to the issues
under the specific circumstances of this case, including
interviewing patients, current and former employees, and
physicians.

The specific circumstances of this case are very unusual.  The case
started with an Immediate Levy (IJ) levied on the Debtor by the
Indiana State Department of Health (ISDH) and the termination of
the CMS contract to continue to pay for home health services to
Medicare recipients.  The PCO found these conditions to be
extraordinary as the case started with significant alleged patient
care issues.  The Court directed the PCO to orally report to the
Court on both January 25, 2016 and again on February 10, 2016 on
the assessment of the conditions under which care was delivered to
the Debtor's patients.  These directed requests required an
intensive investigation over a short period time.

None of the issues identified in this report should be interpreted
to suggest that all patients under the Debtor's care received
inappropriate, insufficient or unauthorized medical care.  However,
the issues reported to the PCO by numerous current and former
employees, review of patient records, and interviews of patients
and patient's family members have caused the PCO to have concerns
over the management platform used by the Debtor to care for the
patients under its care.  Since the appointment of the Third Party
Interim Manager by the Court, the Debtor has filled several key
employee roles including RN case managers, compliance officer among
others.  Also, the PCO has been advised by the Third Party Interim
Manager that other positions need to be filled, including a
Director of Nursing (a key role in any home health agency), and
compliance auditors, among others.  Further, the Debtor continues
to stress that it was its request to hire and/or engage the Interim
Manager.  While this is correct, it was not until the direction of
the Court, with the recommendation of the PCO that the Third Party
Interim Manager was engaged.  The Debtor could have undertaken all
of the changes unilaterally as well as played a more proactive role
in support of the health and welfare of the Debtor's patients well
in advance of the bankruptcy filing but chose not to do so, which
could have possibly avoided the significant and numerous quality of
care concerns identified herein.

Since the Feb. 10, 2016 oral presentation, the Debtor has not
acknowledged the reports of problems with patient care identified
in that presentation and does not appear to have made any
significant attempt to work with the PCO in the review and
potential resolution of those problems.  Instead, the Debtor seeks
only to refute the complaints, made by its own current and former
employees and patients.  The PCO had hoped that the Debtor would
have opted to take a more constructive role in resolving these
important matters, as other similarly situated home health agencies
might consider under similar conditions.  The Debtor's apparent
unwillingness to accept constructive criticism and to adopt
procedures to improve patient care concerns the PCO.

The number and significance of the issues reported to the PCO are
of great concern, as they may or did contribute to poor quality of
care resulting in adverse medical outcomes.  Since his appointment,
the PCO has become aware of at least three deaths that family
members have stated were a result of poor patient care by the
Debtor.  Lack of qualified and competent staff, high turnover, and
alleged poor training and adequacy of appropriate supplies may have
been contributing factors.  All of these and other issues
identified herein must be thoroughly investigated.

The legitimacy of physician-patient relationships where the
ordering physicians work for organizations under the common
ownership with the Debtor needs to be verified.  Based on numerous
comments and concerns made by patients and current and former
employees, the PCO believes there may be inappropriate services
being provided and the corresponding failure to provide medically
necessary services to patients.

The number of complaints that the PCO received regarding
inappropriate certifications and re-certifications, patients'
receiving skilled services that were not needed or those who did
not receive needed skilled services, and were subjected to upcoding
of claims, is very concerning to the PCO.  The Debtor has suggested
that the complaints are from a few "disgruntled employees" and have
no basis in fact with regard to how the Debtor has conducted its
business operations.  The PCO rejects this hypothesis, since the
complaints were received from numerous employees, and those
employees were able to explain these practices in sufficient detail
so as to give rise to reporting this matter.  For example, 17 of
the 35 respondents complained negatively regarding staffing and
scheduling issues; 10 complained about inappropriate referral and
billing patterns; 7 complained of insufficient Medicare rules
training, poor patient care, falsification of documents and
systems, etc.  Given the significance of these issues, further
investigation is warranted.

A copy of the report is available for free at:

                      https://is.gd/9qVNQI

Nightingale Home Healthcare, Inc., filed a Chapter 11 petition
(Bankr. S.D. Ind. Case No. 15-10099) on Dec. 10, 2015, listing
under $1 million in both assets and liabilities.  A copy of the
petition is available at http://bankrupt.com/misc/insb15-10099.pdf.
The Debtor is represented by Wendy D. Brewer, Esq., at Jefferson &
Brewer, LLC.


NORTEL NETWORKS: U.S. Debtors' Third-Party Complaint Dismissed
--------------------------------------------------------------
In the case captioned In re: Nortel Networks Inc., et al., Chapter
11, Debtors. SNMP Research International, Inc., and SNMP Research,
Inc., Plaintiffs, v. Nortel Networks Inc., et al., and Avaya Inc.,
Defendants. Nortel Networks, Inc., et al., Third Party Plaintiffs,
v. Nortel Networks UK Limited, et al., Third Party Defendants. In
re Nortel Networks UK Limited, et al., Chapter 15 Debtors in a
Foreign Proceeding, Nos. 09-10138(KG) (Jointly Administered),
09-11972(KG) (Jointly Administered), Adv. No. 11-53454(KG) (Bankr.
D. Del.), Judge Kevin Gross of the United States Bankruptcy Court
for the District of Delaware dismissed with prejudice the
Third-Party Complaint filed by the U.S. Debtors.

The court-appointed administrators and authorized foreign
representatives for nineteen Nortel entities located in Europe, the
Middle East and Africa (the "EMEA Debtors") moved pursuant to Rule
12(c) of the Federal Rules of Civil Procedure (made applicable in
the adversary proceeding by Rule 7012(b) of the Federal Rules of
Bankruptcy Procedure) for judgment on the pleadings and to dismiss
with prejudice the U.S. Debtors' Third-Party Complaint.  In their
motion, the EMEA Debtors asserted that a settlement agreement the
EMEA Debtors entered into with the U.S. Debtors bars the
contribution claim against them which the U.S. Debtors seek in the
Third-Party Complaint.

Judge Gross held that there are no issues of fact and the EMEA
Debtors are entitled to judgment as a matter of law.  The judge
found that the settlement agreement is unambiguous and provides for
the release of the EMEA Debtors from the claims the U.S. Debtors
asserted against them in the Third-Party Complaint.

A full-text copy of Judge Gross' May 2, 2016 memorandum opinion is
available at https://is.gd/HePzBP from Leagle.com.

SNMP Research International, Inc. is represented by:

          Nicholas J. Brannick, Esq.
          Norman L. Pernick, Esq.
          COLE SCHOTZ P.C.
          500 Delaware Avenue, Suite 1410
          Wilmington, DE 19801
          Tel: (302)652-3131
          Fax: (302)652-3117
          Email: nbrannick@coleschotz.com
                 npernick@coleschotz.com

            -- and --

          Gilbert D. Dean, Esq.
          COLE SCHOTZ P.C.
          300 East Lombard Street, Suite 1450
          Baltimore, MD 21202
          Tel: (410)230-0660
          Fax: (410)230-0667
          Email: ddean@coleschotz.com

            -- and --

          John l. Wood, Esq.
          EGERTON, MCAFEE, ARMISTEAD & DAVIS, P.C.
          900 S. Gay Street
          Riverview Tower 14th Floor
          Knoxville, TN 37902
          Tel: (865)546-0500
          Fax: (865)525-5293
          Email: jwood@emlaw.com

Nortel Networks Inc. is represented by:

          Derek C. Abbott, Esq.
          Tamara K. Minott, Esq.
          Andrew R. Remming, Esq.
          MORRIS, NICHOLS, ARSHT & TUNNEL
          1201 North Market Street, 16th Floor
          Wilmington, DE 19899-1347
          Tel: (302)658-9200
          Fax: (302)658-3989

          Email: dabbott@mnat.com
                 tminott@mnat.com
                 aremming@mnat.com

Avaya Inc. is represented by:

          Elihu Ezekiel Allinson, III, Esq.
          William A. Hazeltine, Esq.
          William D. Sullivan, Esq.
          SULLIVAN HAZELTINE ALLINSON LLC
          901 North Market Street, Suite 1300
          Wilmington, DE 19801
          Tel: (302)428-8191
          Fax: (302)428-8195
          Email: zallinson@sha-llc.com
                 whazeltine@sha-llc.com
                 bsullivan@sha-llc.com

            -- and --

          Michael Joseph Custer, Esq.
          PEPPER HAMILTON LLP
          Hercules Plaza, Suite 5100
          1313 Market Street
          Wilmington, DE 19899-1709
          Tel: (302)777-6500
          Fax: (302)421-8390
          Email: custerm@pepperlaw.com

            -- and --

          Tor Frederick, Esq.
          Paul R. Gupta, Esq.
          Clifford R. Michel, Esq.
          ORRICK HERRINGTON & SUTCLIFFE LLP
          The Orrick Building
          405 Howard Street
          San Francisco, CA 94105-2669
          Tel: (415)773-5700
          Fax: (415)773-5759
          Email: fholden@orrick.com

            -- and --

          Joshua Krumholz, Esq.
          John J. Monaghan, Esq.
          HOLLAND & KNIGHT LLP
          10 St James Avenue
          11th Floor
          Boston, MA 02116
          Tel: (617)523-2700
          Fax: (617)523-6850
          Email: joshua.krumholz@hklaw.com
                 john.monaghan@hklaw.com

            -- and --

          Barbra Rachel Parlin, Esq.
          HOLLAND & KNIGHT LLP
          31 West 52nd Street
          New York, NY 10019
          Tel: (212)513-3200
          Fax: (212)385-9010
          Email: barbra.parlin@hklaw.com

James L. Garrity, Jr. is represented by:

          Colm F. Connolly, Esq.
          MORGAN, LEWIS & BOCKIUS LLP
          1007 N. Orange St., Ste. 501
          Wilmington, DE 19801
          Tel: (302)574-3000
          Fax: (302)574-3001
          Email: colm.connolly@morganlewis.com

Nortel Networks UK Limited, et al, are represented by:

          Matthew Reynolds, Esq.
          HUGHES HUBBARD REED LLP
          One Battery Park Plaza
          New York, NY 10004-1482
          Tel: (212)837-6000
          Fax: (212)422-4726
          Email: matthew.reynolds@hugheshubbard.com

                    About Nortel Networks

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

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

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

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

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

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

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

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

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

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

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

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

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

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.

According to The Wall Street Journal, Justice Frank Newbould of the
Ontario Superior Court of Justice in Toronto and Judge Kevin Gross
of the U.S. Bankruptcy Court in Wilmington, Del., agreed on the
outcome: a modified pro rata split of the money.


NORTHWEST SILK SCREEN: Seeks to Hire Morrissey as Counsel
---------------------------------------------------------
Northwest Silk Screen & Embroidery, LLC seeks approval from the
U.S. Bankruptcy Court for the Eastern District of Washington to
hire Patrick Morrissey as its attorney.

As the Debtor's attorney, Mr. Morrissey will provide these
services:

     (a) advise the Debtor of its rights, duties and powers as
         debtor-in-possession;

     (b) advise and represent the Debtor in all matters relating
         to the compliance with the Bankruptcy Code, protection
         and preservation of the estate;

     (c) advise the Debtor regarding claims;

     (d) prepare legal papers on behalf of the Debtor;

     (e) review the nature and validity of any liens asserted
         against the Debtor's property and advise the Debtor
         concerning the enforceability of such liens;

     (f) advise the Debtor regarding (i) its ability to initiate
         actions to collect and recover property, (ii) any
         potential property dispositions, and (iii) assignment or
         rejection of executory contracts and unexpired leases;
         and

     (g) assist the Debtor in the formulation, preparation,
         approval and confirmation of the disclosure statement,
         plan of reorganization and related documents.

Mr. Morrissey conducted an internal conflicts check and the results
showed that "no conflict exists" with respect to its representation
of other clients.

                  About Northwest Silk Screen

Northwest Silk Screen & Embroidery, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Wash. Case No.
16-01232) on April 14, 2016.  The Debtor is represented by Patrick
J. Morrissey, Esq. -- patmorrisseylaw@gmail.com -- at the Law
Office of Patrick J. Morrissey.


NOVETTA SOLUTIONS: S&P Lowers Rating to 'B-', Outlook Stable
------------------------------------------------------------
S&P Global Ratings said it downgraded Novetta Solutions LLC to
'B-' from 'B'.  The outlook is stable.

At the same time, S&P lowered its issue-level rating on the
company's first-lien senior secured debt to 'B-' from 'B'.  The '3'
recovery rating remains unchanged, indicating S&P's expectation for
meaningful recovery (50%-70%; upper half of the range) in the event
of a payment default.

Additionally, S&P lowered its issue-level rating on Novetta's
second-lien senior secured debt to 'CCC' from 'CCC+'.  The '6'
recovery rating remains unchanged, indicating S&P's expectation for
negligible recovery (0%-10%) in the event of a payment default.

"The stable outlook on Novetta reflects our expectation that the
company's credit ratios will improve over the next 12-24 months due
to modest revenue and earnings growth, although they will still be
very weak with a debt-to-EBITDA metric above 9x in 2016," said S&P
Global Ratings credit Christopher Denicolo.  "We also expect the
company's liquidity to remain adequate."

S&P could lower its ratings on Novetta in the next 12 months if the
company's revenue and earnings do not improve as expected due to
further delays in its new contracts and the expansion of its
existing programs or if the company loses a major contract, causing
its liquidity to deteriorate.  S&P could also lower the ratings if
sustained high leverage leads S&P to believes that the company's
capital structure is no longer sustainable.

Although unlikely in the next 12 months, S&P could raise its
ratings on Novetta if its revenue and earnings increase faster than
S&P expects, causing its debt-to-EBITDA metric to decline below 7x,
and its liquidity remains adequate.  The improved growth rate could
be due to the company's customers resolving their delays faster
than S&P currently expects or from additional new contract awards.


NOVINDA CORP: Hires GHP Horwath as Accountant
---------------------------------------------
Novinda Corp seeks permission from the U.S. Bankruptcy Court for
the District of Colorado to employ GHP Horwath,P.C. as Accountant
for the Debtor in Possession, for the limited purpose of preparing
the Debtor's 2015 federal tax return.

GHP Horwath will be paid at these hourly rates:

      Shelley Owens                   $290
      Tax Associate                   $130

Pursuant to the Engagement Letter, GHP Horwath's total fees for
this matter will not exceed $3,500.

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

Shelley A. Owens, CPA, Jr., Certified Public Accountant and
principal at GHP Horwath, 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.

GHP can be reached at:

      Shelley A. Owens
      GHP Horwath,P.C.
      1801 California Street, Suite 2200
      Denver, Colorado, 80202
      T: +1 (720)222-4436
      E-mail: sowens@ghphorwath.com

Novinda Corp. sought protection under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the District of Colorado
(Denver) (Bankr. D. Colo., Case No. 16-13083) on April 1, 2016.
The
petition was signed by Michael J. Rosenberg, interim chief
executive officer.  

The Debtor is represented by Joshua M. Hantman, Esq., at
Brownstein
Hyatt Farber Schreck, LLP. The case is assigned to Judge Elizabeth
E. Brown.  

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


NVA HOLDINGS: Moody's Retains B3 CFR on Proposed Loan Add-Ons
-------------------------------------------------------------
Moody's Investors Service said that NVA Holdings, Inc.'s proposed
first and second lien term loan add-ons are credit negative, but do
not impact the company's credit ratings.  These include the B3
Corporate Family Rating, the B1 rating on the first lien senior
secured credit facilities, the Caa2 rating on the second lien
senior secured credit facilities.  The rating outlook is stable.

Based in Agoura Hills, California, NVA Holdings, Inc. is a leading
provider of veterinary medical services, operating roughly 350
locally-branded animal hospitals across 40 U.S. states, Canada, and
Australia.  NVA provides medical, diagnostic testing, and surgical
services to support veterinary care.  The company also offers
ancillary services including boarding and grooming, and the sale of
pet food and other retail pet care products.  NVA is
privately-owned by Ares Management LLC. Revenues are approximately
$598 million.


OAKWELL DISTRIBUTION: Hires Smith Kane Holman as Counsel
--------------------------------------------------------
Oakwell Distribution, Inc., seeks permission from the U.S.
Bankruptcy Court for the Eastern District of Pennsylvania to employ
Smith Kane Holman, LLC as counsel.

The Debtor requires SKH to:

     a. advise the Debtor with respect to its rights and
obligations pursuant to the Code;

     b. assist the Debtor in the preparation of the schedule and
statement of financial affairs and any amendments thereto;

     c. represent the Debtor at its first meeting of creditors and
any and all Rule 2004 examinations;

     d. prepare any and all necessary applications, motions,
answers, responses, orders, reports and any other type of pleading
or document regarding any proceeding instituted by or against the
Debtor with respect to this case;

     e. assist the Debtor in the formulation and seek confirmation
of a chapter 11 plan and disclosure materials; and

     f. perform all other legal services for the Debtor which may
be necessary or desirable in connection with this case.

SKH will be paid at these hourly rates:

      Partners                     $325-$375
      Associates                   $250-$300
      Paralegals                   $75-$100

Prior to the filing of the within bankruptcy case, the Debtor
remitted $16,717 to SKH representing an additional retainer $15,000
for the Debtor's bankruptcy as well as $1,717 for the filing fee of
the case.

David B. Smith, counsel at Smith Kane Holman, LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

SKH may be reached at:

       David B. Smith, Esq.
       Smith Kane Holman, LLC
       112 Moores Road, Suite 300
       Malvern, PA 19355
       Phone: (610)407-7217
       Fax: (610)407-7218

Oakwell Distribution, Inc., dba Devon Medical Products, based in
King of Prussia, Pa., filed a Chapter 11 petition (Bankr. E.D. Pa.
Case No. 16-13350) on May 10, 2016.  Hon. Ashely M. Chan presides
over the case.  David B. Smith, Esq., at Smith Kane Holman, LLC,
serves as counsel to the Debtor.  In its petition, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.  The petition was signed by John Bennett,
president.


PACIFIC SUNWEAR: Bar Date for Proofs of Claim Set for June 13
-------------------------------------------------------------
U.S. Bankruptcy Judge Laurie Selber Silverstein has established
June 13, 2016, at 5:00 p.m. (Eastern Time) as the general bar date
for filing proofs of claim against Pacific Sunwear of California,
Inc.  In addition, Oct. 7, 2016, at 5:00 p.m. (Eastern Time) is set
as the governmental bar date.

                      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.


PACIFIC SUNWEAR: Files Schedules of Assets and Liabilities
----------------------------------------------------------
Pacific Sunwear of California, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its schedules of assets
liabilities, disclosing:

     Name of Schedule              Assets         Liabilities
     ----------------            -----------      -----------
  A. Real Property                  $510,034
  B. Personal Property          $131,320,223
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                              $129,519,126
  E. Creditors Holding
     Unsecured Priority
     Claims                                          $404,645
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                       $38,347,436
                                 -----------      -----------
        Total                   $131,830,257     $168,271,207

A copy of the schedules is available for free at:

                       https://is.gd/EeobnU

                      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.


PALMDALE HILLS: Panel Hires Lobel Weiland as Counsel
----------------------------------------------------
The Official Joint Committee of Creditors Holding Unsecured Claims
in the Chapter 11 cases of Palmdale Hills Property, LLC, et al.,
seeks permission from the U.S. Bankruptcy Court for the Central
District of California to retain Lobel Weiland Golden Friedman LLP
as counsel with respect to the pending case of SunCal Emerald
Meadows, LLC, effective as of April 24, 2016.

The Committee wants to retain the Firm in place of Irell & Manella
LLP, which the Committee hired in January 2009.  On Sept. 1, 2015,
Alan J. Friedman, Esq., formerly a partner at I&M, joined the firm
of Weiland Golden LLP, which subsequently changed its name to Lobel
Weiland Golden Friedman LLP.  A substitution of attorney, pursuant
to Local Rule 2091-1 is being filed concurrently.

The Firm will:

      a. advise the Committee regarding its powers, rights and
         responsibilities under the Bankruptcy Code;

      b. represent the Committee in proceedings or hearings before

         the Court involving matters of bankruptcy law, or any
         other forum as agreed between the Committee and the Firm
         in which an action or proceeding may affect Emerald
         Meadows, its assets, claims of creditors or the
         Committee;

      c. advise and assist the Committee in connection with the
         administration of the Emerald Meadows case, disposition
         of assets, and the confirmation, consummation and
         feasibility of any proposed Chapter 11 plan, including
         whether a proposed plan is in the best interests of
         creditors;

      d. review and analyze applications, motions, and orders
         filed with the Court in connection with the Emerald
         Meadows case, and advise the Committee as to their
         propriety, and after consultation with the Committee,
         take appropriate actions;

      e. prepare pleadings, applications, orders and other papers
         as may be necessary or appropriate;

      f. perform other and further services as typically may be
         rendered by counsel for a committee of unsecured
         creditors in a Chapter 11 case or which may be necessary
         or advisable in connection with the Emerald Meadows case;

         and

      g. assist the Committee with other services as may
         contribute to the confirmation of a Chapter 11 Plan.

The Firm will be paid these hourly rates:

         William N. Lobel, Esq.           $850
         Michael J. Weiland, Esq.         $750
         Jeffrey I. Golden, Esq.          $750
         Alan J. Friedman, Esq.           $750
         Sean A. O'Keefe, Esq.            $750
         Tavi C. Flanagan, Esq.           $650
         Reem J. Bello, Esq.              $600
         Michael R. Adele, Esq.           $550
         Beth E. Gaschen, Esq.            $550
         Faye C. Rasch, Esq.              $500
         Christopher Green, Esq.          $350
         Paralegals                       $250

The Firm also makes these disclosures with respect to its
representation of the Committee:

      a) before joining the Firm, Mr. Friedman represented the
         Committee while he was with I&M;

      b) several members of the Firm have professional, working,
         or social relationships with firms or professionals that
         may be adverse to Emerald Meadows or represent other
         interests in the Emerald Meadows case.  In addition,
         attorneys at the Firm may have spouses, significant
         others, parents, children, siblings, fiances or fiancees
         who are attorneys at other law firms or companies that
         are or may be involved in the Emerald Meadows case.  The
         Firm's policy strictly forbids disclosure of confidential

         information to anyone outside of the Firm;

      c) with respect to members of the Committee, the Committee
         recognizes the Firm's right to represent interests
         (including against members of the Committee) in matters
         unrelated to the Emerald Meadows case.  The members of
         the Committee also understand and have agreed that the
         Firm does not, by virtue of its representation of the
         Committee in the Emerald Meadows case, represent any of
         the members of the Committee (and their respective
         companies) in this case and may indeed take positions
         adverse to members in their individual capacity in this
         case or otherwise;

      d) in addition, from time to time, the Firm has referred
         work to, or has been referred work or been retained by,
         or has retained, certain professionals who may be
         parties-in-interest or may be retained by parties-in-
         interest in the Emerald Meadows case.  The Firm has not
         represented, will not represent, and will not be
         represented by, any of these entities in connection with
         the Emerald Meadows case.  

      e) the Firm is not and was not a creditor or an insider of
         the Debtors; and

      f) the Firm has no interest materially adverse to the
         interests of the Emerald Meadows' estate or of any class
         of creditors in the Emerald Meadows estate, either by
         reason of any direct or indirect relationship to,
         connection with, or interest in Emerald Meadows or for
         any other reason.

To the best of the Committee's knowledge, none of the attorneys
comprising or employed by the Firm are related to any judge of the
Court, the U.S. Trustee, or any person currently employed in the
Office of the U.S. Trustee.  However, Beth E. Gaschen, a partner at
the Firm, was a former law clerk to the Hon. Erithe A. Smith.  Ms.
Gaschen will not work on this matter.  Moreover, Theodore Albert,
was a partner of Albert, Weiland & Golden before he became
Bankruptcy Court Judge.

Alan J. Friedman, Esq., a partner at the Firm, assures the Court
that the Firm and all of the attorneys comprising or employed by it
are disinterested persons who do not hold or represent an interest
adverse to the Committee or the Debtors' estates and do not have
any material connection with the Debtors, their creditors, or any
other party in interest.

The Firm can be reached at:

      Alan J. Friedman, Esq.
      Partner
      Lobel Weiland Golden Friedman LLP
      Center Tower, 650 Town Center Drive, Suite 950
      Costa Mesa, CA 92626
      Tel: (714) 966-1000
      E-mail: afriedman@lwgfllp.com

              and

      Christopher J. Green, Esq.
      Associate
      Lobel Weiland Golden Friedman LLP
      Center Tower, 650 Town Center Drive, Suite 950
      Costa Mesa, CA 92626      
      Tel: (714) 966-1000
      E-mail: cgreen@lwgfllp.com

                     About SunCal Companies

SunCal Companies -- http://www.suncal.com/-- had more than  
250,000 residential lots and 10 million square feet of commercial
space in various stages of development throughout California,
Arizona, Nevada and New Mexico.

Gramercy Warehouse Funding LLC and several creditors filed
involuntary petitions each against LBREP/L-SunCal Master I
LLC, LBREP/L-SunCal McAllister Ranch LLC, LBREP/L-SunCal McSweeny
Farms LLC, and LBREP/L-SunCal Summerwind Ranch LLC on Sept. 11,
2008 (Bankr. C.D. Calif Case No. 08-15588, 08-15637, 08-15639, and
08-15640).  Daniel H. Reiss, Esq., at Levene, Neale, Bender,
Rankin & Brill represents the petitioners.

SunCal affiliates led by Palmdale Hills Property, LLC, filed
voluntary Chapter 11 petitions (Bankr. C. D. Calif. Case No.
08-17206) on Nov. 6, 2008.  Affiliates that also filed separate
Chapter 11 petitions include: SunCal Beaumont Heights, LLC; SunCal
Johannson Ranch, LLC; SunCal Summit Valley, LLC; SunCal Emerald
Meadows LLC; SunCal Bickford Ranch, LLC; SunCal Communities I,
LLC; SunCal Communities III, LLC; and SJD Development Corp.

SunCal Companies is not in bankruptcy.

Paul J. Couchot, Esq., at Winthrop Couchot P.C., represents
Palmdale Hills in its restructuring effort.  The Company estimated
assets and debts of $100 million to $500 million in its Chapter 11
petition.

                     About Lehman Brothers

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

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

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

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

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

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

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

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  Lehman is set to make its first payment to creditors
under its $65 billion payout plan on April 17, 2012.

               International Operations Collapse

Lehman Brothers International (Europe), the principal UK trading
company in the Lehman group, was placed into administration,
together with Lehman Brothers Ltd, LB Holdings PLC and LB UK RE
Holdings Ltd.  Tony Lomas, Steven Pearson, Dan Schwarzmann and
Mike Jervis, partners at PricewaterhouseCoopers LLP, have been
appointed as joint administrators to Lehman Brothers
International (Europe) on Sept. 15, 2008.  The joint
administrators have been appointed to wind down the business.

Lehman Brothers Japan Inc. and Lehman Brothers Holdings Japan
Inc. filed for bankruptcy in the Tokyo District Court on
Sept. 16.  Lehman Brothers Japan Inc. reported about JPY3.4
trillion (US$33 billion) in liabilities in its petition.

Bankruptcy Creditors' Service, Inc., publishes Lehman Brothers
Bankruptcy News.  The newsletter tracks the Chapter 11 proceeding
undertaken by Lehman Brothers Holdings, Inc., and other
insolvency and bankruptcy proceedings undertaken by its
affiliates.  (http://bankrupt.com/newsstand/or 215/945-700)


PARADIGM EVERGREEN: Case Summary & 4 Unsecured Creditors
--------------------------------------------------------
Debtor: Paradigm Evergreen LLC
        c/o Paradigm Capital Corp.
        380 Lexington Avenue, Room 2020
        New York, NY 10168

Case No.: 16-19943

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 23, 2016

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

Debtor's Counsel: Morris S. Bauer, Esq.
                  NORRIS MCLAUGHLIN & MARCUS, P.A.
                  PO Box 5933
                  Bridgewater, NJ 08807-5933
                  Tel: (908) 722-0700
                  Fax: 908-722-0755
                  E-mail: msbauer@nmmlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by David Kushner, managing member.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/njb16-19943.pdf


PEABODY ENERGY: Sec. 341 Meeting of Creditors Set on June 21
------------------------------------------------------------
Assistant U.S. Trustee Paul A. Randolph has set the Section 341
meeting of creditors on Peabody Energy Corporation for June 21,
2016, at 9:00 a.m., at Thomas F. Eagleton U.S. Courthouse, 111
South 10th Street, Suite 21.130 (Conference Room B) in St. Louis,
Mo.

                       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.


PERSEON CORPORATION: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Perseon Corporation
           fka BSD Medical Corporation
        391 Chipeta Way #F
        Salt Lake City, UT 84108

Case No.: 16-24435

Chapter 11 Petition Date: May 23, 2016

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

Judge: Hon. Kimball R. Mosier

Debtor's Counsel: Steven T. Waterman, Esq.
                  DORSEY & WHITNEY LLP
                  136 South Main Street, Suite 1000
                  P.O. Box 45925
                  Salt Lake City, UT 84145-0925
                  Tel: (801)933-7360
                  Fax: (801)933-7373
                  E-mail: waterman.steven@dorsey.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Clinton E. Carnell Jr., CEO/President.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/utb16-24435.pdf


PHILLIP GOODE: Selling 2 Properties to Amigos for $1.08 Million
---------------------------------------------------------------
Phillip Goode moves the U.S. Bankruptcy Court for the Western
District of Missouri for authority to sell, by private sale, real
property outside the ordinary course of business free and clear of
liens and encumbrances.  The Debtor owns three parcels of real
property in Jackson County, Kansas City, Missouri that are
encumbered by Class 1 secured claims of Bayview loan Servicing,
LLC.  The Debtor has entered into sales agreements for two of the
properties.   The properties that are subject to the sale
agreements are:

   * Property located at 3626 Main Street, Jackson County, in
Kansas City.  Bayview holds the first mortgage in the amount of
$489,723.

   * Property located at 3636 Main Street, Jackson County, in
Kansas City.  Bayview holds the first mortgage in the amount of
$561,117.

The Debtor, in agreement with Bayview Loan Servicing, intends to
sell the properties free and clear of liens and to satisfy from the
proceeds the mortgages of Bayview.  The Debtor will also satisfy
his IRS Civil Federal Tax debt in the amount of $128,193.

The buyer is Amigos Holdings, LLC.  Amigos is paying $1,080,000,
consisting of $380,000 for 3626 Main Street and $700,000 for 3636
Main Street.

The Debtor seeks a sale without notice or an expedited hearing.
The short sales agreements from Bayview will expire on May 31,
2016.

Phillip Goode sought Chapter 11 protection (Bankr. W.D. Mo. Case
No. 12-40048) on Jan. 6, 2012.


PHOENIX BRANDS: Taps Rust Consulting as Claims Agent
----------------------------------------------------
Phoenix Brands LLC and its affiliates seek approval from the U.S.
Bankruptcy Court for the District of Delaware to hire Rust
Consulting/Omni Bankruptcy as their claims and noticing agent.

The Debtors tapped the firm to provide these services:

     (a) prepare and serve required notices and documents;

     (b) maintain an official copy of the Debtors' schedules of
         assets and liabilities and statements of financial
         affairs;  

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

     (d) furnish a notice to all potential creditors of the last
         date for filing proofs of claim and a form for filing a
         proof of claim, after such notice and form are approved
         by the Court, and notify said potential creditors of the
         existence, amount, and classification of their respective

         claims;

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

     (f) for all notices, motions, orders or other pleadings or
         documents served, prepare, and file or cause to be filed
         with the Clerk an affidavit or certificate of service
         within seven business days of service;

     (g) process all proofs of claim received, including those
         received by the Clerk, check said processing for accuracy

         and maintain the original proofs of claim in a secure
         area;

     (h) maintain the official claims register for each Debtor
         on behalf of the Clerk;

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

     (j) record all transfers of claims and provide any notices of

         such transfers;

     (k) relocate all of the court-filed proofs of claim to the
         offices of Rust/Omni, not less than weekly;

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

     (m) monitor the court's docket for all notices of appearance,

         address changes, and claims-related: pleadings and orders

         filed and make necessary notations on or changes to the
         Claims Register and any service or mailing lists;

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

     (o) assist in the dissemination of information to the public
         and respond to requests for administrative information
         regarding the Chapter 11 cases as directed by the Debtors

         or the court;

     (p) monitor the court's docket and, when filings are
         made in error or containing errors, alert the filing
         party of such error and work with them to correct any
         such error;

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

     (r) 30 days prior to the close of these chapter 11 cases,
         request that the Debtors submit to the court a proposed
         order dismissing Rust/Omni as claims and noticing agent
         and terminating its services in such capacity upon
         completion of its duties and responsibilities and upon
         the closing of the cases;

     (s) within seven days of notice to Rust/Omni of entry of an
         order closing the cases, provide to the court the final
         version of the Claims Registers as of the date
         immediately before the close of the cases; and

     (t) at the close of the Chapter 11 cases, (i) box and
         transport all original documents, in proper format, as
         provided by the Clerk's office, to (i) the Philadelphia
         Federal Records Center, 14700 Townsend Road,
         Philadelphia, PA 19154, or (ii) any other location
         requested by the Clerk's office; and (ii) docket a
         completed SF-135 Form indicating the accession and
         location numbers of the archived claims.

The services to be provided by Rust Consulting will be billed at
rates ranging from $29.75 to $165.75 per hour.  In addition, the
firm has agreed to a $110 blended rate cap, to be calculated on a
quarterly basis.

Prior to its bankruptcy filing, the Debtor provided Rust Consulting
a retainer in the amount of $10,000, according to court filings.

Paul Deutch, executive managing director of Rust Consulting,
disclosed in a declaration that his firm is a "disinterested
person" as defined by section 101(14) of the Bankruptcy Code.

The Debtor can be reached through its counsel:

     Joseph T. Moldovan, Esq.
     Robert K. Dakis, Esq.
     Morrison Cohen LLP
     909 Third Avenue
     New York, NY 10022
     Telephone: (212) 735-8600
     Facsimile: (212) 735-8708
     email: bankruptcy@morrisoncohen.com
            rdakis@morrisoncohen.com
            jmoldovan@morrisoncohen.com

                      About Phoenix Brands

Phoenix Brands LLC and its three affiliates sought protection under
Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for
the District of Delaware (Delaware) (Case Nos. 16-11242 to
16-11245) on May 19, 2016.  The petitions were signed by William
Littlefield, CEO and President.

The cases are assigned to Judge Brendan Linehan Shannon. A motion
for joint administration of the Chapter 11 cases is pending.  

The Debtors tapped Pachulski Stang Ziehl & Jones LLP as local
counsel; Houlihan Lokey as investment banker; Getzler Henrich &
Associates LLC as financial advisor; Hunterpoint LLP as CRO
provider; and Osler, Hoskin & Harcourt LLP as Canadian
Counsel.

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


PILGRIM MEDICAL: Seeks to Hire Campanella as Special Counsel
------------------------------------------------------------
Pilgrim Medical Center, Inc. seeks approval from the U.S.
Bankruptcy Court for the District of New Jersey to hire the
Campanella Law Office LLC, as special counsel.

The Debtor tapped Gina Campanella, Esq., at the Campanella Law
Office LLC, to ensure that it remains compliant with Health
Insurance Portability and Accountability Act of 1996 (HIPAA),
Medicare and the New Jersey Department of Health.

The proposed compensation for the firm:

     (i) the Debtor will pay for services at a rate of $316 per
hour (discounted from the regular rate of $395 per hour); and

    (ii) the Debtor will make two flat rate payments of $8,000 per
month with any additional charges in excess of this flat rate
discounted as professional courtesy.

Ms. Campanella disclosed in a court filing that she is
"disinterested" under section 101(14) of the Bankruptcy Code.

The Debtor can be reached through its lead counsel:

     David L. Stevens, Esq.
     Scura, Wigfield, Heyer & Stevens, LLP
     1599 Hamburg Turnpike
     Wayne, NJ 07470
     Tel.: 973-696-8391

                   About Pilgrim Medical Center

Pilgrim Medical Center, Inc. sought protection under Chapter 11 of
the Bankruptcy Code in the U.S. Bankruptcy Court for the District
of New Jersey (Newark) (Case No. 16-15414) on March 22, 2016.

The petition was signed by Nicholas V. Campanella, shareholder. The
case is assigned to Judge Stacey L. Meisel.

The Debtor estimated assets of $0 to $50,000 and debts of $1
million to $10 million.


PREMIER TRANSFER: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Premier Transfer and Storage, Inc.
        1175 Intervale Drive
        Salem, VA 24153

Case No.: 16-70721

Chapter 11 Petition Date: May 23, 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
                  Email: agoldstein@mglspc.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by John S. Phillips, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vawb16-70721.pdf


PRINCETON OFFICE: Disallowance of Plymouth's Claim Affirmed
-----------------------------------------------------------
The United States Court of Appeals, Third Circuit affirmed the
disallowance of the claim filed by Plymouth Park Tax Services LLC
("Plymouth") against Princeton Office Park, L.P. ("Princeton").

Princeton is a New Jersey limited partnership that failed to pay
property taxes on its primary asset, a vacant office park in
Lawrence Township, New Jersey, which resulted in the Township's
placing a tax lien on the property.  Plymouth, a company formed to
invest in tax liens, bought that tax lien at an auction conducted
by the Township and received a tax sale certificate on Princeton's
property.  After Princeton filed for bankruptcy, Plymouth filed a
proof of claim that included not just the tax debt that Princeton
owed on the property but also a premium that Plymouth had paid to
the Township to acquire the tax sale certificate.  The bankruptcy
court and the district court disallowed the claim.

The case is In re: PRINCETON OFFICE PARK, L.P., Appellant in
15-1568. PLYMOUTH PARK TAX SERVICES, Appellant in 15-1514, No.
15-1514 and 15-1568 (3rd Cir.).

A full-text copy of the Third Circuit's May 5, 2016  opinion is
available at https://is.gd/7EIAlX from Leagle.com.

                    About Princeton Office Park

Headquartered in Morristown, New Jersey, Princeton Office Park, LP,
is a New Jersey limited partnership whose primary asset is a vacant
industrial building complex in Lawrence Township, New Jersey.
Plymouth is a company that was formed for the purpose of investing
in tax sale certificates in New Jersey, as well as other states.

Princeton Office Park GP, L.P. holds a 50% equity interest in the
Debtor.  Princeton GP's general partner is United States Land
Resources, L.P., a New Jersey limited partnership, whose general
partner is United States Realty Resources, Inc., a New Jersey
corporation.  Lawrence S. Berger is the president of USRR.  The
Debtor's limited partners is Success Truehand GmbH, which holds a
31.67% equity interest in the Debtor.

The Company filed for Chapter 11 protection on September 9, 2008
(Bankr. D. N.J. Case No. 08-27149).  Melissa A. Pena, Esq., at
Norris, McLauglin & Marcus, in New York, and Morris S. Bauer,
Esq., at Norris McLaughlin & Marcus PA, in Bridgewater, New
Jersey, represent the Debtor as counsel.  In its schedules, the
Debtor disclosed total assets of $25,000,000 and total debts of
$2,517,370.



QRS RECYCLING: Appoints UpShot Services as Claims & Noticing Agent
------------------------------------------------------------------
QRS Recycling of Georgia, LLC, seeks authority from the Bankruptcy
Court to retain UpShot Services LLC as its claims, noticing and
balloting agent.  The Debtor requires the assistance of a
third-party claims, noticing and balloting agent in the Chapter 11
case due to the large and complex nature of the Chapter 11 case.

According to the Debtor, there are approximately 100 parties-in-
interest in its Chapter 11 case.  Accordingly, the Debtor said, it
is cost-efficient for it to use the services of a third-party
entity with expertise in the areas of claims, noticing, website
hosting, and balloting.

"[T]he Debtor is in the process of reducing its staff to a skeletal
level while its assets are being sold, and the employees who will
remain need to focus on operating the Chapter 11 Case and the sale
process, not on mailing notices, compiling claims databases and
tabulating ballots," Daniel M. Simon, Esq., at Bingham Greenebaum
Doll LLP, counsel for the Debtor, said.

The Debtor believes that the employment of UpShot to serve as
claims and noticing agent will: (a) relieve the Clerk's Office of a
significant administrative burden; (b) avoid delay in processing
proofs of claim and interests; (c) reduce legal fees that would be
otherwise incurred in connection with the retrieval of proof of
claim copies from the Clerk's Office and responding to numerous
claim-related inquiries; and (d) reduce costs of notice to parties
and provide an efficient medium to communicate case information.

UpShot's hourly-based services for its work in the Chapter 11 case
will be charged at the following hourly rates:

               Clerical           $25 per hour
               Case Assistant     $60 per hour
               IT Manager         $125 per hour
               Case Consultant    $150 per hour
               Case Director      $170 per hour

In addition to compensatory fees for professional services rendered
by UpShot personnel, UpShot will seek reimbursement for reasonable
and necessary expenses incurred in connection with the Chapter 11
case, including transportation costs, lodging, food, telephone,
copying and messenger services.  In addition, UpShot may use third
party vendors for certain services, which will be billed to the
Debtor at the cost incurred by UpShot.

UpShot is seeking court approval for a retainer in the amount of
$3,000 from the Debtor, which has already been paid by the Debtor
and is being held by it.

To the best of the Debtor's knowledge, (a) UpShot is a
"disinterested person" under Sections 101(14) and 1107(b) of the
Bankruptcy Code, and (b) UpShot does not (i) hold or represent any
interest adverse to the Debtor or its bankruptcy estate; (ii) have
any connection with the Debtor, its creditors, any other party in
interest, their respective attorneys and accountants, the United
States Trustee, or any person employed in the Office of the
United States Trustee; or (iii) employ any person that is related
to a judge of this Court or the United States Trustee.

                      About QRS Recycling

QRS Recycling of Georgia, LLC, operator of a recycling facility
located at 120 Hollow Tree Lane SW, Atlanta, Georgia, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code in order
to liquidate its assets.

The case, filed May 20, 2016, is pending before Judge James R.
Sacca in the U.S. Bankruptcy Court for the Northern District of
Georgia, Case No. 16-58837.

DLA Piper LLP (US) and Bingham Greenbaum Doll LLP represent the
Debtor as counsel.  Upshot Services LLC serves as the Debtor's
claims and noticing agent.

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


QRS RECYCLING: Hires Bingham Greenebaum as Bankruptcy Counsel
-------------------------------------------------------------
QRS Recycling of Georgia, LLC, seeks authority from the Bankruptcy
Court to employ Bingham Greenebaum Doll LLP as its counsel nunc pro
tunc as of the Petition Date.  BGD represented the Debtor from its
formation until the current date, including in preparation for the
Chapter 11 case.

The Debtor anticipates that BGD will, among other things:

   a. advise it of its rights, powers and duties as a
      debtor-in-possession while operating and managing its
      business and property under Chapter 11 of the Bankruptcy
      Code;

   b. prepare on its behalf all necessary and appropriate
      applications, motions, proposed orders, other pleadings,
      notices, schedules and other documents, and review all
      financial and other reports to be filed in the Chapter 11
      case;

   c. advise it concerning, and prepare responses to, applications,
motions, other pleadings, notices and other
      papers that may be filed by other parties in the Chapter 11
case;

   d. advise it with respect to, and assist in the negotiation and
documentation, of, financing agreements and related
      transactions;

   e. review the nature and validity of any liens asserted against
the Debtor's property and advise the Debtor
      concerning the enforceability of such liens;

   f. advise it regarding its ability to initiate actions to
collect and recover property for the benefit of its
      bankruptcy estates, provided, however, that BGD will not
represent the Debtor or the Non-Debtor Affiliates in
      connection with any intercompany claims;

   g. advise and assist it in connection with any potential
property dispositions;

   h. advise it concerning executory contract and unexpired lease
assumptions, assignments and rejections;

   i. advise it in connection with the formulation, negotiation and
promulgation of a plan or plans of liquidation, and
      related transactional documents;

   j. assist it in reviewing, estimating and resolving claims
asserted against the Debtor's bankruptcy estate;

   k. commence and conduct litigation necessary and appropriate to
assert rights held by the Debtor, protect assets of the
      Debtor's bankruptcy estate or otherwise further the goal of
completing the Debtor's successful reorganization; and

   l. provide non-bankruptcy services to the extent requested by
the Debtor.

BGD intends to (a) charge for its legal services on an hourly basis
in accordance with its ordinary and customary hourly rates in
effect on the date the services are rendered and (b) seek
reimbursement of actual and necessary
out-of-pocket expenses.

The BGD attorneys and paraprofessionals who will be primarily
responsible for representing the Debtor in the Chapter 11 case bill
their time at the following rates:

       Name                               Hourly Rate
       ----                               -----------
       Brian D. Zoeller, Partner             $300
       James R. Irving, Partner              $325
       April A. Wimberg, Associate           $215
       Susan H. Mays, Paralegal              $225

BGD received a retainer of $10,000 for this engagement.

The Debtor believes that BGD is a "disinterested person," as
defined in Section 101(14) of the Bankruptcy Code and as required
by Section 327(a) of the Bankruptcy Code.

                        About QRS Recycling

QRS Recycling of Georgia, LLC, operator of a recycling facility
located at 120 Hollow Tree Lane SW, Atlanta, Georgia, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code in order
to liquidate its assets.

The case, filed May 20, 2016, is pending before Judge James R.
Sacca in the U.S. Bankruptcy Court for the Northern District of
Georgia, Case No. 16-58837.

DLA Piper LLP (US) and Bingham Greenbaum Doll LLP represent the
Debtor as counsel.  Upshot Services LLC serves as the Debtor's
claims and noticing agent.

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


QRS RECYCLING: Wants to Utilize PrivateBank's Cash Collateral
-------------------------------------------------------------
QRS Recycling of Georgia, LLC, seeks permission from the Bankruptcy
Court to use cash collateral on an interim basis and provide
adequate protection to The PrivateBank and Trust Company in an
amount equal to the aggregate diminution in value of its interests
in the prepetition collateral in the form of postpetition lien and
administrative claim.  The Cash Collateral will be used for working
capital, general corporate purposes and administrative costs and
expenses of the Debtor in the ordinary course of business and, in
each case, subject a budget.

PrivateBank, the Debtor's primary secured creditor holding a claim
of approximately $13,635,360 as of the Petition Date, consents to
the use of the Cash Collateral.

As of the Petition Date, the Debtor believes that (i) PrivateBank's
first-priority lien on the Prepetition Collateral is a valid,
binding, perfected, enforceable lien and is not subject to
avoidance, recharacterization or subordination pursuant to the
Bankruptcy Code or applicable non-bankruptcy law, (ii) the amount
of the PrivateBank Claim against the Debtor constitutes a legal,
valid and binding obligation, enforceable in accordance with the
terms of the Loan Documents and other applicable documents, no
offsets, defenses or counterclaims to any portion of the claim
exist, and no portion of the claim is subject to avoidance,
recharacterization or subordination pursuant to the Bankruptcy Code
or applicable non-bankruptcy law, and (iii) the PrivateBank Claim
against the Debtor constitutes an allowable secured claim.

PrivateBank's consent to the use of the Cash Collateral will be
subject to the following terms: (i) the Cash Collateral will be
used subject to the 13-week budget; (ii) PrivateBank will be
granted a lien on all of the Debtor's assets other than any
avoidance actions available to the Debtor under Chapter 5 of the
Bankruptcy Code; (iii) PrivateBank will be granted a claim against
the Debtor under Section 507(b) of the Bankruptcy Code; (iv) the
Debtor agrees not to challenge the amount of the PrivateBank Claim
or the perfection of PrivateBank's lien on the Prepetition
Collateral; and (v) PrivateBank will have the ability to credit bid
on the sale of the Prepetition Collateral via a sale under Section
363 of the Bankruptcy Code.

The PrivateBank Postpetition Lien will be subject to the priority
of the prepetition liens held by PrivateBank and the Secured Trade
Creditors, however, the PrivateBank Postpetition Lien will have
first-priority to any of the Debtor's unencumbered assets, other
than the Avoidance Actions, to the extent that the Debtor has
unencumbered assets.

In exchange for the Debtor's use of Cash Collateral, the Debtor has
agreed to provide certain adequate protections to PrivateBank.  To
that end, the Debtor and PrivateBank have negotiated, and the
Debtor requests that the Court approve, as of the Petition Date,
certain protections of PrivateBank's interests in the Prepetition
Collateral from any diminution in value resulting from the Debtor's
use, sale or lease of such collateral or the imposition of the
automatic stay.  Specifically, those protections for PrivateBank:
The PrivateBank Postpetition Lien and the PrivateBank
Administrative Claim.  Significantly, the Debtor has also agreed
not to contest the amount of the PrivateBank Claim, the extent,
existence or priority of the liens securing that claim, or the
rights of PrivateBank to credit bid the amount of its claim in a
sale of the Debtor's assets under Section 363 of the Bankruptcy
Code.  Further, the Debtor has agreed to release certain potential
claims against PrivateBank.

As further adequate protection, the Debtor has agreed that any
other party, including a creditors' committee if one is appointed,
will be bound by the Debtor's stipulations and releases regarding
the claims, rights, liens and interests of PrivateBank, unless such
Challenge Party submits a timely challenge during the 21 days
following the Petition Date.

                      About QRS Recycling

QRS Recycling of Georgia, LLC, operator of a recycling facility
located at 120 Hollow Tree Lane SW, Atlanta, Georgia, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code in order
to liquidate its assets.

The case, filed May 20, 2016, is pending before Judge James R.
Sacca in the U.S. Bankruptcy Court for the Northern District of
Georgia, Case No. 16-58837.

DLA Piper LLP (US) and Bingham Greenbaum Doll LLP represent the
Debtor as counsel.  Upshot Services LLC serves as the Debtor's
claims and noticing agent.

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


QUANTUM CORP: Files Conflict Minerals Report with SEC
-----------------------------------------------------
Quantum Corporation disclosed in a regulatory filing with the
Securities and Exchange Commission that it has evaluated its
current products and determined that certain products it
manufactures or contracts to manufacture contain tin, tungsten,
tantalum and/or gold ("3TG").  Based on the outcome of the
Company's due diligence procedures, the Company has filed a
Conflict Minerals Report with the SEC.

"Following our initial determination that certain of our hardware
products contain components that contain 3TG minerals, Quantum
conducted an RCOI to determine which components contain 3TG
minerals and whether such 3TG minerals originated in the Democratic
Republic of the Congo and adjoining countries (the "Covered
Countries").  Our RCOI was based on a survey of our direct
suppliers of parts, components and assemblies containing conflict
minerals.  We have identified over 200 direct suppliers that supply
components for our products that may contain 3TG minerals.  We
requested that each of these 200 suppliers complete the EICC GeSI
conflict minerals reporting template.  We do not have a direct
relationship with any of the smelters or refiners of the 3TG
materials.  Accordingly, we rely on our suppliers to provide us
with information about the source of conflict minerals contained in
the components supplied to us based on the EICC GeSI conflict
minerals reporting template.  Our direct suppliers are similarly
reliant upon information provided by their suppliers. Many of the
largest suppliers are also SEC registrants and subject to Rule
13p-1.

"Over 75% of our suppliers responded.  Based on those responses,
Quantum determined that 3TG minerals present in certain of its
products may have originated in the Covered Countries and were not
from scrap or recycled sources.  Therefore, in accordance with Rule
13p-1, Quantum proceeded to engage in due diligence regarding the
sources and chain of custody of its 3TG minerals and has completed
a Conflict Minerals Report."

A copy of the Company's Conflict Minerals Report is available for
free at https://is.gd/rWziE7

                     About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in
backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.

Quantum reported net income of $16.7 million on $553 million of
total revenue for the year ended March 31, 2015, compared to a net
loss of $21.5 million on $553 million of total revenue for the
year ended March 31, 2014.

As of Dec. 31, 2015, the Company had $278 million in total assets,
$355 million in total liabilities and a $76.9 million total
stockholders' deficit.


QUINN'S JUNCTION: Case Summary & 6 Unsecured Creditors
------------------------------------------------------
Debtor: Quinn's Junction Properties, LC
        4001 Kearns Blvd.
        Park City, UT 84060

Case No.: 16-24458

Chapter 11 Petition Date: May 23, 2016

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

Judge: Hon. Joel T. Marker

Debtor's
General
Bankruptcy
Counsel:            George B. Hofmann, Esq.
                    COHNE KINGHORN PC
                    111 East Broadway, 11th Floor
                    Salt Lake City, UT 84111
                    Tel: (801) 363-4300
                    Fax: (801) 363-4378
                    E-mail: ghofmann@cohnekinghorn.com

Debtor's
Special
Litigation
Counsel:            Stanley J. Preston, Esq.
                    PRESTON & SCOTT, LLC
                    111 E. Broadway, Suite 1200
                    Salt Lake City, UT 84111
                    8018691620

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

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

List of Debtor's Six Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Quinn Capital Partners, LLC                            $5,881,390
c/o Gary Crandall
12 Eagle Pointe Ct
Park City, UT
84060-6863

Sahara, Inc.                                             $196,561

Western Capital Mortgage Services, LLC                   $122,818

Kirton & McKonkie                                         $23,450

Cooper Williams                                           $19,800

IBI Group                                                  $2,000


RDIO INC: Hires Winston & Strawn as Counsel in Suit v. Sony Music
-----------------------------------------------------------------
Rdio, Inc., asks for authorization from the U.S. Bankruptcy Court
for the Northern District of California to employ Winston & Strawn
LLP as special litigation counsel to the Debtor, effective as of
May 20, 2016.

The Debtor requires the services of special litigation counsel to
assist the Debtor to analyze and, if appropriate, pursue claims
against Sony Music Entertainment and any affiliates, Warner Music
Group Corp. and any affiliates, and UMG Recordings, Inc. and any
affiliates who do not accept the Debtor's settlement proposal in
the Plan.  That would involve taking Bankruptcy Rule 2004 discovery
and potentially seeking an affirmative recovery against the Labels,
as well as the complete disallowance and equitable subordination of
the claims asserted by the Labels.  The Debtor understands that
Warner and Universal intend to accept the settlement proposal under
the Plan, but that Sony does not intend to accept the settlement
proposal under the Plan.  As a result, for now, the Debtor is
seeking to employ WS as special litigation counsel only with
respect to Sony and its affiliates, including Orchard Enterprises,
Inc., and the Sony Claims.

WS will:

      a. review and analyze the Debtor's licensing agreements with

         Sony and the Debtor's related records and the Sony
         Claims;

      b. advise the Debtor as to the nature and extent of any
         anti-trust related claims, claim disallowance, equitable
         subordination claims or any other claims or causes of
         action that the Debtor has or might have against Sony,
         including analyzing Sony's compliance (or noncompliance)
         with the Sherman Act;

      c. take Bankruptcy Rule 2004 discovery and potentially
         preparing, filing and prosecuting lawsuits against Sony
         and objections to the Sony Claims; and

      d. perform any other services that may be appropriate in
         WS's representation of the Debtor as special litigation
         counsel during the Debtor's bankruptcy case.

The Debtor will pay a post-petition retainer in the amount of
$100,000 to WS immediately following the Court's approval of the
Debtor's employment of WS, which retainer will be non-refundable.

If a settlement agreement is reached with Sony before any lawsuit
against Sony or objection to the Sony Claims has been filed, WS
will be paid a contingency fee computed as the extent to which (x)
1.35 multiplied by WS' cumulative hourly rate billings computed at
85% of WS' standard hourly billing rates when added to (y) the
third party expenses incurred by WS exceeds (z) the $100,000 Fixed
Fee Component paid to WS.

A pre-litigation contingency fee component will be paid out of the
unsecured creditors fund provided that any settlement payment
agreed to be paid to Sony when coupled with the Pre-Litigation
Contingency Fee Component does not exceed the Sony Settlement
Figure.  In the event that any settlement payment agreed to be paid
to Sony coupled with the Pre-Litigation Contingency Fee Component
exceeds the Sony Settlement Figure, the first $775,000 will be paid
out of the Unsecured Creditors Fund and the balance will be paid
out of the Estate Funds.

If a settlement agreement is reached with Sony after any lawsuit
against Sony or objection to the Sony Claims has been filed, WS
will be paid a contingency fee.  More information on the fee is
available for free at:

         http://bankrupt.com/misc/RDIOINC_290_winston.pdf

WS attests that the firm has not been paid any money by the Debtor
at any time.  WS has not received any lien or other interest in
property of the Debtor or of a third party to secure payment of
WS's fees or expenses.  WS has no prepetition claim against the
Debtor.  WS has not shared or agreed to share its compensation for
representing the Debtor with any other person or entity, except
among its members.

WS understands the provisions of 11 U.S.C. Sections 327, 330 and
331 which require, among other things, Court approval of the
Debtor's employment of WS as bankruptcy counsel and of all legal
fees and reimbursement of expenses that WS will receive from the
Debtor and the Debtor's estate.  WS seeks to be employed pursuant
to 11 U.S.C. Section 327(a) with its compensation to be pursuant to
11 U.S.C. Sections 330 and 331.

WS is not a creditor, an equity security holder or an insider of
the Debtor.

WS is not and was not an investment banker for any outstanding
security of the Debtor.  WS has not been within three years before
the Petition Date an investment banker for a security of the
Debtor, or an attorney for such an investment banker in connection
with the offer, sale or issuance of any security of the Debtor.

Neither WS nor any member of WS is, nor was, within two years
before the Petition Date, a director, officer or employee of the
Debtor or of any investment banker for any security of the Debtor.

To the best of WS's knowledge, WS does not hold or represent any
interest materially adverse to the interest of the Debtor’s
estate or of any class of creditors or equity security holders, by
reason of any direct or indirect relationship to, connection with,
or interest in, the Debtor or an investment banker for any security
of the Debtor, or for any other reason.

To the best of WS's knowledge, WS does not hold or represent any
interest materially adverse to the Debtor or the Debtor's estate,
and WS is a disinterested person as that term is defined in Section
101(14) of the Bankruptcy Code.

To the best of WS' knowledge, WS has no prior connection with the
Debtor, any creditors of the Debtor or the Debtor's estate, or any
other party in interest in this case, or their respective attorneys
or accountants, the United States Trustee or any person employed by
the U.S. Trustee.

WS can be reached at:

      Winston & Strawn LLP
      Eric E. Sagerman
      333 S. Grand Avenue, 38th Floor
      Los Angeles, CA 90071-1543
      Tel: (213) 615-1700
      Fax: (213) 615-1750
      E-mail: esagerman@winston.com

                         About RDIO, Inc.

Rdio, Inc., was founded in 2008 as a digital music service.  The
business operations were launched in 2010 after Rdio secured all of
the major record label rights.  Since that time, Rdio has strived
to grow into a worldwide music service, and today is in
approximately 86 countries.

Rdio filed Chapter 11 bankruptcy petition (Bankr. N.D. Calif., Case
No. 15-31430) on Nov. 16, 2015, with a deal in place to sell the
company to Pandora Media.  The petition was signed by Elliott
Peters as senior vice president.  Judge Dennis Montali has been
assigned the case.

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

Levene, Neale, Bender, Yoo & Brill LLP serves as the Debtor's
counsel.  Moelis & Company serves as investment banker.


REDPRAIRIE CORP: Bank Debt Trades at 5% Off
-------------------------------------------
Participations in a syndicated loan under which RedPrairie Corp is
a borrower traded in the secondary market at 94.65
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.70 percentage points from the
previous week.  RedPrairie Corp pays 500 basis points above LIBOR
to borrow under the $1.44 billion facility. The bank loan matures
on Dec. 21, 2018 and carries Moody's B3 rating and Standard &
Poor's B- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended May 20.


RESPONSE BIOMEDICAL: First Quarter 2016 Financial Results
---------------------------------------------------------
Response Biomedical Corp. reported financial results for its first
quarter ended March 31, 2016, including a 2016 GAAP net loss of
$(1.3 million), or $(0.13) per share, compared with a GAAP net loss
of $(1.1 million), or $(0.11) per share in 2015, and 2016 negative
Adjusted EBITDA (a non-GAAP financial measure) of $(321,000),
compared with a negative Adjusted EBITDA of $(655,000) in 2015.

"Sales in China in the first quarter of 2016 continued to be a
challenge for us.  We were successful in increasing non-China sales
by 16%, improving gross margin by 10 percentage points and reducing
operating costs by 15% thereby reducing our Adjusted EBITDA loss by
50% for the first quarter.  However, China sales were down 30% from
Q4 2015 and 56% from Q1 last year as our former national
distributor continues to work through its excess inventory," said
Dr. Barbara Kinnaird, chief executive officer of Response.  "We
have recently contracted with new distributors in China and
continue to seek additional new distributors to recover and grow
sales into added geographies within China."

"Our collaboration with Joinstar continues and we expect the
development stage of this project to be complete by the end of
2016.  In April, we announced that we have been awarded a supplier
contract with Vizient, the largest hospital Group Purchasing
Organization in the United States.  We are now beginning our
marketing and promotional activities with Vizient's members.  In
addition, we continue to focus on improving efficiencies and
reducing costs while at the same time making strategic investments
in high growth market segments," added Dr. Kinnaird.

Financial highlights for the first quarter of 2016 include the
following:

  * Total Q1 revenue of $2.2 million, down 38% from $3.5 million
    in Q1 2015;

  * Q1 Gross margin on product sales of 43.7%, up 10.2 percentage
    points, compared with 33.5% in Q1 2015;

  * 15% reduction of Q1 operating expenses to $1.8 million
    compared to $2.2 million in Q1 2015;

  * Q1 2016 GAAP net loss of $(1.3 million), or $(0.13) per share,
    compared with a GAAP net loss of $(1.1 million), or $(0.11)
    per share in Q1 2015.  These GAAP figures include a non-cash
    warrant liability valuation adjustment loss of $441,000 in Q1
    2016 and a $55,000 gain in Q1 2015;

  * Excluding the non-cash warrant liability valuation adjustment,

    Q1 2016 Adjusted Net loss was $(809,000) compared with an
    Adjusted Net loss of $(1.2 million) in Q1 2015; and

  * Q1 2016 negative Adjusted EBITDA (a non-GAAP financial
    measure) of $(321,000), compared with a negative Adjusted
    EBITDA of $(655,000) in Q1 2015.

Financial results for the three months ended March 31, 2016:

  * Product sales decreased 36% to $2.1 million for the three
    months ended March 31, 2016, compared to $3.3 million for the
    same period in 2015.  This decrease was primarily due to lower

    sales in China partially offset by increases in instrument and

    test sales outside of China.

  * Collaborative revenue from the Joinstar collaboration was
    $113,000 in the three months ended March 31, 2016 compared to
    $269,000 in the comparative period in 2015.  The difference is

    due to a change in estimate of the amortization period used to

    recognize revenue from the initial payments received from
    Joinstar to reflect the new expected completion of the
    development phase of the project of December 2016.

  * Gross margin on product sales increased to 43.7% for the three

    months ended March 31, 2016, compared to a gross margin of
    33.5% in the same period of 2015.  This increase is primarily
    due to manufacturing efficiencies, product mix, fewer
    promotional reader placements and a decrease in cardiovascular

    sales in China which are sold at relatively lower margins than

    sales outside of China.  In addition, decreased manufacturing
    overhead costs and a decrease of estimated product warranties
    contributed to the gross margin increase.

  * Operating expenses decreased by 15% to $1.8 million for the
    three months ended March 31, 2016 compared to $2.2 million in
    the same period of 2015.  This decrease is primarily due to   

    lower legal, personnel and regulatory work associated with the

    timing of clinical and regulatory work being done in 2015 in
    addition to lower personnel costs as a result of a decrease in

    the number of sales employees in the U.S.

  * As a result of the changes described above, negative Adjusted
    EBITDA for the three months ended March 31, 2016 improved to
    $(321,000) compared to negative $(655,000) in the same period
    of 2015.

  * GAAP Net loss for the three months ended March 31, 2016
    totaled $(1.3 million), or $(0.13) per basic and diluted
    share, compared to $(1.1 million), or $(0.11) per basic share
    and diluted share, in the comparative 2015 period.  The
    increase in GAAP Net loss was primarily due to a decrease in
    total revenue, a decrease in foreign exchange losses and an
    increase in the unrealized loss on revaluation of the warrant
    liability partially offset by a decrease in operating expenses

    and an improvement in gross margin.

  * Adjusted net loss improved by $346,000 during the three months

    ended March 31, 2016 to $(809,000) compared to $(1.2 million)
    in the comparable period in 2015.

  * Cash and cash equivalents as of March 31, 2016 were $1.0
    million compared to $2.5 million as of Dec. 31, 2015.  The
    Company is actively pursuing additional financing.

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

                    https://is.gd/DcIPuQ

                  About Response Biomedical
  
Based in Vancouver, Canada, Response Biomedical Corporation
develops, manufactures and sells diagnostic tests for use with its
proprietary RAMP(R) System, a portable fluorescence immunoassay-
based diagnostic testing platform.  The RAMP(R) technology
utilizes a unique method to account for sources of error inherent
in conventional lateral flow immunoassay technologies, thereby
providing the ability to quickly and accurately detect and
quantify an analyte present in a liquid sample.  Consequently, an
end-user on-site or in a point-of-care setting can rapidly obtain
important diagnostic information.  Response Biomedical currently
has thirteen tests available for clinical and environmental
testing applications and the Company has plans to commercialize
additional tests.

Response Biomedical reported a net loss and comprehensive loss of
C$5.99 million in 2013, a net loss and comprehensive loss of C$5.28
million in 2012 and a net loss and comprehensive loss of C$5.37
million in 2011.

As of March 31, 2016, Response Biomedical had C$9.96 million in
total assets, C$11.7 million in total liabilities and a total
shareholders' deficit of $1.69 million.

PricewaterhouseCoopers LLP, in Vancouver, Canada, in its report on
the consolidated financial statements for the year ended Dec. 31,
2014, noted that the company has incurred recurring losses from
operations and has an accumulated deficit at Dec. 31, 2014, which
raises substantial doubt about its ability to continue as a going
concern.


RICOCHET ENERGY: Taps Martin & Drought as Legal Counsel
-------------------------------------------------------
Ricochet Energy, Inc. and Ricochet Interests, Ltd. seek approval
from the U.S. Bankruptcy Court for the Western District of Texas to
hire Martin & Drought, P.C. as their legal counsel.

Martin & Drought will seek compensation at the hourly rates
normally charged by the firm for services provided to its clients.
Those rates range from $200 to $500 for attorneys and from $100 to
$125 for paralegal services.

Michael Colvard, Esq., at Martin & Drought, will be principally in
charge of the case.  His standard hourly rate is $450.

In an affidavit, Mr. Colvard disclosed that his firm does not
represent any interest adverse to the Debtors' estates.

Martin & Drought can be reached through:

     Michael G. Colvard, Esq.
     Martin & Drought, P.C.
     2750 Bank of America Plaza
     300 Convent Street
     San Antonio, TX 78205-3789
     Telephone: (210) 220- 1334
     Facsimile: (210) 227-7924
     Email: mcolvard@mdtlaw.com

                      About Ricochet Energy

Ricochet Energy, Inc. and Ricochet Interests, Ltd.  sought
protection under Chapter 11 of the Bankruptcy Code in the U.S.
Bankruptcy Court for the Western District of Texas (San Antonio)
(Case Nos. 16-51148 and 16-51149) on May 18, 2016.

The petition was signed by Jerry L. Hamblin, president and CEO.
A motion for joint administration of the Chapter 11 cases is
pending.  

Ricochet Energy estimated both assets and liabilities in the range
of $1 million to $10 million.  

Ricochet Interests estimated assets of $10 million to $50 million
and debts of $1 million to $10 million.


RIVER NORTH 414: Case Summary & 10 Unsecured Creditors
------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      River North 414 LLC                         16-17324
      414 N. Orleans St.
      Chicago, IL 60654

      Premium Themes, Inc.                        16-17325
      414 N. Orleans St.
      Chicago, IL 60654

Chapter 11 Petition Date: May 24, 2016

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Judge Janet S. Baer

Debtors' Counsel: Thomas R. Fawkes, Esq.
                  GOLDSTEIN & MCCLINTOCK LLLP
                  208 S LaSalle Street, Suite 1750
                  Chicago, IL 60604
                  Tel: 312.337.7700
                  E-mail: tomf@restructuringshop.com

                                           Estimated   Estimated
                                            Assets    Liabilities
                                         -----------  -----------
River North 414 LLC                      $100K-$500K  $1MM-$10MM
Premium Themes, Inc.                     $100K-$500K  $500K-$1M

The petitions were signed by Jesse T. Boyle, authorized officer.

A list of River North 414 LLC's 10 largest unsecured creditors is
available for free at http://bankrupt.com/misc/ilnb16-17324.pdf

A list of Premium Themes's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/ilnb16-17325.pdf


RIVERSIDE FINANCIAL: Taps Daniel DiBartolomeo as Bankr. Counsel
---------------------------------------------------------------
Riverside Financial Group, Inc, asks for authorization from the
U.S. Bankruptcy Court for the District of Connecticut to employ
Daniel DiBartolomeo, Esq., to represent any and all legal matters
for the Debtor during these proceedings.

A retainer in the amount of $500 from the prepetition account of
the Debtor was paid to Mr. DiBartolomeo.  He will only seek a flat
fee of $500.

Mr. DiBartolomeo assures the Court that he doesn't represent or
hold any interest adverse to the Debtor or to the estate with
respect to the matter on which he is to be employed.  

Headquartered in Darien, Connecticut, Riverside Financial Group,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. D. Conn.
Case No. 16-50337) on March 9, 2016, estimating its assets and
liabilities at between $1 million and $10 million each.

Judge Carla E. Craig presides over the case.

Daniel S. DiBartolomeo, Esq., at DiBartolomeo Law Firm serves as
the Debtor's bankruptcy counsel.


ROBERT SPENLINHAUER: Court Grants Bank's Bid to Dismiss Appeal
--------------------------------------------------------------
Judge F. Dennis Saylor, IV, of the United States District Court for
the District of Massachusetts granted the bank's motion to dismiss
Spenlinhauer's bankruptcy appeal styled ROBERT J. SPENLINHAUER,
Appellant, v. THE COOPERATIVE BANK OF CAPECOD, Appellee, No.
13-19191-JNF.

This is an appeal from an order of the United States Bankruptcy
Court for the District of Massachusetts. In 2006, debtor-appellant
Robert Spenlinhauer entered into a $1.2 million revolving credit
agreement with appellee the Cooperative Bank of Cape Cod. The loan
was secured by a mortgage on Spenlinhauer's property in Osterville,
Massachusetts. In December 2013, Spenlinhauer filed a Chapter 11
bankruptcy petition. At that point, he owed the bank nearly $1.2
million. In February 2014, the bank moved for relief from the
automatic stay in order to foreclose on the property. The
bankruptcy court granted that relief, and the bank scheduled a
foreclosure sale.

In October 2015, before the foreclosure sale, the bankruptcy court
granted Spenlinhauer's motion to reinstate the stay for 90 days,
over the bank's objection. On November 6, 2015, the bankruptcy
court issued an order directing the debtor to file an amended plan
that would, among other things, provide for a sale of the
Osterville property within 120 days after the plan's effective
date.

Spenlinhauer has appealed that order. Specifically, Spenlinhauer is
appealing only the part of the November 6 order that directs him to
present a plan providing for a sale of the Osterville property. In
his appeal, Spenlinhauer asks this Court to vacate "the order of
the bankruptcy court ordering the sale of the Osterville property
within 120 days of confirmation of a plan."

A full-text copy of the Memorandum and Order dated April 13, 2016
is available at https://is.gd/iYyQl3 from Leagle.com.

The bankruptcy case is In re ROBERT J. SPENLINHAUER, individually
and as trustee and beneficiary of RJS REALTY TRUST, C.C. CANAL
REALTY TRUST, and CLASSIC AUTO REALTY TRUST, Chapter 11, Debtor,
Bankruptcy Appeal No. 15-14124-FDS.

Robert J. Spenlinhauer, is represented by Gary W. Cruickshank,
Esq..

Robert J. Spenlinhauer, Appellant, is represented by Gary W.
Cruickshank.

Cooperative Bank of Cape Cod, Appellee, is represented by Alex
Michael Rodolakis, Esq. --arodolakis@fletchertilton.com -- Fletcher
Tilton, PC.

John Fitzgerald, Trustee, is represented by Paula R.C. Bachtell,
Department of Justice.


SABINE OIL: Nordheim, HPIP Covenants Don't Run w/ Land, Court Says
------------------------------------------------------------------
In the adversary proceedings captioned SABINE OIL & GAS
CORPORATION, et al., Plaintiffs, v. HPIP GONZALES HOLDINGS, LLC,
Defendant. SABINE OIL & GAS CORPORATION, et al., Plaintiffs, v.
NORDHEIM EAGLE FORD GATHERING, LLC, Defendant,  Adversary
Proceeding Case No. 16-01042 (SCC)., 16-01043 (SCC) (Bankr.
S.D.N.Y.), Judge Shelley C. Chapman of the United States Bankruptcy
Court for the Southern District of New York issued a memorandum
decision holding as follows:

          (1) denying the motions of Nordheim Eagle Ford
              Gathering, LLC ("Nordheim") and HPIP Gonzales
              Holdings, LLC ("HPIP"), respectively, for judgment
              on the pleadings with respect to the claims for
              declaratory judgment brought by the debtors in the
              above-captioned adversary proceedings and the
              declaratory judgment counterclaims asserted by
              Nordheim and HPIP against the debtors; and

          (2) granting the debtors' omnibus motion for summary
              judgment with respect to their claims for
              declaratory judgment and Nordheim and HPIP's
              declaratory judgment counterclaims.

The dispute initially arose when the debtors filed their Omnibus
Motion for Entry of an Order Authorizing Rejection of Certain
Executory Contracts pursuant to section 365 of the Bankruptcy Code
in their chapter 11 cases seeking to reject the Nordheim Agreements
and the HPIP Agreements (the "Rejection Motion").  The Court
granted the Rejection Motion, but concluded that, in the procedural
context of a motion to reject an executory contract, it could not
make a final determination as to whether the covenants at issue
were covenants "running with the land," consistent with the Second
Circuit's decision in Orion Pictures Corp. v. Showtime Networks.
In authorizing the rejection of the Nordheim Agreements and the
HPIP Agreements, the Court provided its non-binding analysis on the
"running with the land" issue, but noted that further proceedings
would be necessary in order to enable the Court to render a binding
ruling on the issue.  The debtors then commenced adversary
proceedings against Nordheim and HPIP seeking a declaratory
judgment that the covenants contained in the Nordheim Agreements
and the HPIP Agreements do not run with the land.

In a memorandum decision dated May 3, 2016 and which is available
at https://is.gd/pV04U6 from Leagle.com, Judge Chapman held that
the covenants at issue do not run with the land either as real
covenants or as equitable servitudes.

The bankruptcy case is In re: SABINE OIL & GAS CORPORATION, et al.,
Chapter 11, Debtors, Case No. 15-11835 (SCC) (Bankr. S.D.N.Y.).

Sabine Oil & Gas Corporation and its affiliated debtors are
represented by:

          Jonathan S. Henes, Esq.
          KIRKLAND & ELLIS LLP
          601 Lexington Avenue
          New York, NY 10022
          Tel: (212)446-4800
          Fax: (212)446-4900
          E-mail: jonathan.henes@kirkland.com

                   - and -

          Ryan Blaine Bennett, Esq.
          KIRKLAND & ELLIS LLP
          300 North LaSalle Street
          Chicago, IL 60654
          Tel: (312)862-2000
          Fax: (312)862-2200
          E-mail: ryan.bennett@kirkland.com

HPIP Gonzales Holdings, LLC is represented by:

          Paul A. Serritella, Esq.
          Keith A. Simon, Esq.
          LATHAM & WATKINS LLP

                    About Sabine Oil & Gas Corporation

Sabine Oil & Gas Corp. is an independent energy company engaged in
the acquisition, production, exploration, and development of
onshore oil and natural gas properties in the U.S.  The Company's
current operations are principally located in the Cotton Valley
Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in
South Texas, the Granite Wash in the Texas Panhandle, and the
North Louisiana Haynesville.  The Company operates, or has joint
working interests in, approximately 2,100 oil and gas production
sites (approximately 1,800 operating and approximately 315
non-operating) and has approximately 165 full-time employees.

Sabine Oil and its affiliated entities sought Chapter 11
protection(Bankr. S.D.N.Y. Lead Case No. 15-11835) in Manhattan on
July 15, 2015.

The Debtors have engaged Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, as counsel; Lazard Freres & Co. LLC, as
investment banker and Prime Clerk LLC as notice, claims and
balloting agent.  The Debtors also tapped Zolfo Cooper Management,
LLC, to provide Jonathan A. Mitchell as CRO and other additional
personnel.

The U.S. Trustee for Region 2 appointed five creditors to serve on
the official committee of unsecured creditors.  The Committee is
represented by Mark R. Somerstein, Esq., Keith H. Wofford, Esq.,
and D. Ross Martin, Esq., at Ropes & Gray LLP as their counsel.
The Committee is also hiring Blackstone Advisory Partners L.P. as
investment banker; and Berkeley Research Group, LLC as financial
advisor.


SALTY DOG: Taps Denis Abramowitz as Accountant
----------------------------------------------
Salty Dog Rest., Ltd. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of New York to hire Denis Abramowitz &
Co., PLLC as its accountant.

The Debtor tapped the firm to provide these services:

     (a) prepare monthly operating reports and financial
         statement information;

     (b) additional activities, including meetings with creditors,

         attorneys, bankers and other experts, representing either

         the Debtor or others involved in a reorganization, and
         participation in court proceedings as required by the
         Debtor; and

     (c) Denis Abramowitz & Co. will provide all federal, state
         and local tax returns for the Debtor and assist in
         complying with an ongoing New York State sales tax audit.

The firm's professionals expected to provide the services and their
hourly rates are:

     Denis Abramowitz, CPA   $395 per hour
     Joseph Castoro          $250 per hour

The firm will also seek reimbursement for work-related expenses.

Denis Abramowitz & Co. does not hold or represent any interest
adverse to the Debtor's estate or its creditors, according to court
filings.

The Debtor can be reached through its counsel:

     Randall S. D. Jacobs
     Randall S. D. Jacobs, PLLC
     30 Wall Street, 8th Floor
     New York, NY 10005
     Tel.: (212) 709-8116
     Fax: (973) 226-8897
     E-mail: rsdjacobs@chapter11esq.com

                      About Salty Dog Rest

Salty Dog Rest, Ltd. sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern
District of New York (Brooklyn) (Case No. 16-40679) on February 24,
2016.  

The petition was signed by Robert P. Fadel, president. The case is
assigned to Judge Elizabeth S. Stong.  

The Debtor estimated assets of $0 to $50,000 and debts of $1
million to $10 million.



SBN FOG CAP II: Hires SRS Real Estate Partners as Marketing Agent
-----------------------------------------------------------------
SBN Fog Cap II LLC seeks permission from the U.S. Bankruptcy Court
for the District of Colorado to employ SRS Real Estate Partners as
marketing agent for Debtor-in-possession.

The Debtor requires SRS to:

     a. prepare an information memorandum describing the Debtor,
its existing  contracts, and anticipated financial results;

     b. assist in evaluating the financial and business terms of
any letter of intent related to a potential sale;

     c. assist the Debtor in developing a list of suitable
potential buyers who will be contacted after approval;

     d. coordinate the execution of confidentiality agreements for
potential buyers wishing to review the information memorandum;

     e. solicit competitive offers from potential buyers;

     f. provide business advice and assistance to the Debtor, from
time to time, as it may request, on matters relating to a sale;

     g. assist the Debtor in analyzing and evaluating al purchase
proposals and offers from potential buyers;

     h. advise and assist the Debtor in sale negotiations as a
representative of the Debtor;

     i. provide expert advice and testimony in support of a sale;
and

     j. otherwise, assist the Debtor, and its counsel, as
necessary, through closing on a best efforts basis.

The Debtor has agreed to pay SRS:

     a. 4% of the gross sales price of the property sold if the
commission fee is to be split with a co-broker/agent representing a
buyer(s), including other broker within SRS;

     b. 3% of the gross sales price of the property sold if the
buyer(s) is also represented by listing agents Patrick Luther
and/or Matthew Mousavi; and

     c. the total commission for a sale shall be paid at the
closing of the transaction.

Garrett Colburn, EVO and Market Leader of SRS Real Estate Partners,
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.

SRS may be reached at:

        Garrett Colburn
        SRS Real Estate Partners
        8343 Douglas Avenue, Suite 200
        Dallas, TX 75225
        Phone: 214.560.3200
        E-mail: garrett.colburn@srsre.com

SBN Fog Cap II LLC, based in Denver, Colorado, filed a Chapter 11
petition (Bankr. D. Colo. Case No. 16-13815) on April 20, 2016.
Hon. Thomas B. McNamara presides over the case.  James T. Markus,
Esq., at Markus Williams Young & Simmermann LLC, serves as counsel
to the Debtor.  In its petition, the Debtor estimated $1 million to
$10 million in assets and $100,000 to $500,000 in liabilities.  The
petition was signed by Steven C. Petrie, chief executive officer.

Fog Cap Retail Investors LLC, based in Denver, Colorado, filed a
separate Chapter 11 petition (Bankr. D. Colo. Case No. 16-13817) on
April 20, 2016.  Hon. Thomas B. McNamara presides over the case.
James T. Markus, Esq., at Markus Williams Young & Zimmermann LLC,
serves as counsel to the Debtor.  In its petition, the Debtor
estimated $1 million to $10 million in both assets and liabilities.
The petition also was signed by Steven C. Petrie, chief executive
officer.


SOUTH COAST OIL: Trustee Selling Mineral Interests for $365K
------------------------------------------------------------
James J. Joseph, the Trustee of South Coast Oil Corp. (the "SCOC"),
on May 18, 2016, filed a motion asking the U.S. Bankruptcy Court
for the Central District of California, Santa Ana Division, for
approval to sell Bankruptcy Estate's interest in the SCOC Well No.
10 and certain subsurface oil and gas leasehold interests existing
under and by virtue of those certain Subsurface Oil and Gas Leases
located in Huntington Beach, CA.

As part of an Asset Purchase Agreement (the "APA") by and between
Pacifoco, Inc, as purchaser, and John M. Wolfe, as trustee for the
bankruptcy estates of Energy Development Corp. and Stephen T.
Harris, as sellers, the SCOC Mineral Interests will be sold for a
gross price of $365,000 to Pacifoco, or to an overbidder, as
provided in the Bidding Procedures approved by the Court at a
hearing on May 6, 2016.

By order entered on April 9, 2015, the Court approved a compromise
of controversies by and between the SCOC Estate and the EDC/Harris
HEstates.  The Settlement provided in part that SCOC retained a
co-ownership interest in the leases and wellbore interest in Well
No. 10 in Huntington Beach, California.

The Trustee has received interest in the SCOC Mineral Interests
from Pacifoco, which first submitted an unsigned asset purchase
agreement to the Trustee and the EDC/Harris Trustee in July of
2014.  More recently, Powerdrive Oil and Gas Company, LLC, also
expressed an interest in purchasing the SCOC Mineral Interests, as
part of a coordinated sale of assets by the EDC/Harris Trustee.

After extensive negotiations, which took place against the backdrop
of a collapse in world oil prices, Pacifoco, the EDC/Harris Trustee
and the SCOC Trustee entered into the APA, subject to Bankruptcy
Court approval and overbid, providing for a sale ofe the Estate's
interest in the SCOC Mineral Interests and non-cash assets of the
Estate to Pacifoco, or an overbidder, at a Court approved auction.

Consummation of the sale of the SCOC Mineral Interests will bring
at least $365,000 into the Estate, and a Court supervised auction
has the potential to bring a higher and better sales price.

                   About South Coast Oil Corp.

On Sept. 19, 2007, an involuntary Chapter 11 bankruptcy case was
commenced against South Coast Oil Corp. (Bankr. C.D. Cal.).  An
order for relief was entered on Jan. 16, 2008.  Prior to entry of
the Order for Relief, on Nov. 30, 2007, James J. Joseph accepted
the appointment as Chapter 11 trustee of the Estate.

Throughout the case, the Trustee has been engaged in an effort to
achieve the maximum value from the assets of the Estate.  The
Estate had no cash flow for the first four plus years of the
Trustee's administration. The Estate had two assets: (1) the stock
in Angus Petroleum Corporation, and the (2) SCOC mineral
interests.

The Angus stock was liquidated for a gross price of $10 million
pursuant to a Court-approved sale.

The Trustee for South Coast Oil Corp. is represented by:

         Ronald Rus
         Joel S. Miliband
         Catherine M. Castaldi
         Justin J.S. Morgan
         BROWN RUDNICK LLP
         2211 Michelsonn Drive, Seventh Floor
         Irvine, CA 92612
         Telephone: (949) 752-7100
         Facsimile: (949) 252-1514
         E-mail: rrus@brownrudnick.com
                 jmiliband@brownrudnick.com
                 ccastaldi@brownrudnick.com
                 jmorgan@brownrudnick.com

                  About Energy Devt. Corporation

Stephen Thomas Harris sought Chapter 11 protection (Bankr. C.D.
Cal. Case No. 06-11174) on July 21, 2006.  Related entity,
Huntington Beach, California-based Energy Development Corporation
simultaneously sought Chapter 11 protection (Case No. 06-11175).

EDC's business involved rights to subsurface mineral rights, drill
sites and wells, related tools and equipment and intangible rights
with respect to oil wells located in the town-lot portion of the
Huntington Beach Oil Field (the "HB Wells"), and two wells in the
adjacent West Newport Oil Field (collectively with the HB Wells,
the "EDC Wells").  The HB Wells were assigned, conveyed and
transferred to EDC by South Coast Oil Corporation ("SCOC")
pursuant
to an Assignment recorded May 10, 2001, as Document No.
20010298788, Official Records, Orange County, California (the
"2001
Assignment").  EDC also had certain rights or claims regarding the
State Lease PRC, 145.1 Offshore Lease located on County of Ventura
surface lands (the "Rincon Assets"), which had also been assigned
to EDC by SCOC.  EDC's primary business mission was to produce oil
and gas directly from existing oil and gas wells.  At the outset
of
these cases, Harris was engaged in operating EDC and the funds of
the two estates were combined.

EDC estimated assets and debt of $10 million to $50 million.

Simon H. Langer, Esq., in Los Angeles, California, represented the
Debtors.

John M. Wolfe was later appointed Chapter 11 Trustee for the
bankruptcy estates of EDC and Mr. Harris.  

Counsel for the EDC/Harris Trustee:

         Philip A. Gasteier
         LEVENE, NEALE, BENDER, YOO & BRILL L.L.P.
         10250 Constellation Boulevard, Suite 1700
         Los Angeles, California 90067
         Telephone: (310) 229-1234
         Facsimile: (310) 229-1244
         E-mail: pag@lnbyb.com


SOUTHERN STATES COOPERATIVE: S&P Revises Outlook to Negative
------------------------------------------------------------
S&P Global Ratings said that it affirmed its 'B-' corporate credit
rating on Southern States Cooperative Inc. and revised the outlook
to negative from stable.  

At the same time, S&P affirmed the 'B-' issue-level rating on the
company's senior secured second-lien notes.  The recovery rating on
the debt remains '4', indicating S&P's expectations for average
(30% to 50%, in the lower half of the range) recovery in the event
of a default.

As of March 31, 2016, Southern States had approximately
$245 million of reported debt outstanding.

The outlook revision to negative reflects S&P's projections for
continued weaker-than-expected credit measures with negative free
cash flow generation and adjusted debt to EBITDA well exceeding 10x
at fiscal year-end 2016 (ending June 30).  The company's volatile
EBITDA levels result in high leverage ratios that can range widely,
including a debt-to-EBITDA ratio that ranges from near or below 5x
if the company has a good year to well above 8x during weak years
(such as 2015), leaving management with narrow margin to make
operational improvements during bad years.

S&P said, "We have revised our liquidity assessment on Southern
States to less than adequate from adequate, as the company's
liquidity sources have eroded.  We now expect sources of cash will
likely exceed uses by about 1.0x for the next 12 months.  We expect
FFO to be negative in fiscal 2016, as earnings volatility continues
in the company's key agronomy segment.  We believe, however, that
the company's liquidity profile is supported by its covenant-light
debt package.  We expect peak seasonal borrowing to be well below
the $35 availability threshold that would trigger EBITDA interest
covenant.  Moreover, the company's liquidity profile benefits from
no near-term debt maturities, as its senior notes are not due until
2021.  We also believe the company has generally sound risk
management given its history of repaying all revolver borrowings by
fiscal year-end, coupled with its current stepped-up efforts to
further improve working capital and restore positive cash flows."

"The negative outlook reflects our projections for continued
weaker-than-expected credit measures with negative free cash flow
generation and adjusted debt to EBITDA exceeding 10x at fiscal
year-end 2016," said S&P Global Ratings credit analyst Jessica
Paige.

S&P believes free cash flow could turn positive in 2017; this,
however, would hinge on lower volatility and sustained operating
improvements in the company's agronomy, petroleum, and retail
businesses, as well as the realization of the company's cost
savings and working capital benefits from the Winfield alliance.  


SPANISH BROADCASTING: S&P Cuts CCR to CCC on Potential Note Default
-------------------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on U.S. Spanish-language broadcaster Spanish Broadcasting System
Inc. (SBS) to 'CCC' from 'CCC+'.  The rating outlook is negative.

At the same time, S&P lowered its issue-level ratings on the
company's 12.5% senior secured notes due 2017[?] to 'CCC' from
'CCC+'.  The '3' recovery rating remains unchanged, indicating
S&P's expectation for meaningful recovery (50%-70%; upper half of
the range) of principal in the event of a payment default.

"The downgrade reflects our view that SBS will not be able to repay
its 12.5% notes due April 2017, given its inability to incur new
debt due to debt incurrence limitations from its preferred stock,"
said S&P Global Ratings credit analyst Jawad Hussain.  The
limitation occurred after the company failed to repurchase the
preferred stock in 2013 when it was were required to do so.  If the
company is unable to amend this restriction and refinance its 12.5%
notes or generate enough spectrum sale proceeds to repay the notes,
S&P believes it will face a payment default in April 2017 when the
notes are due.  S&P's 'CCC' corporate credit rating reflects the
significant refinancing risk and tightening liquidity the company
faces.

"The negative rating outlook reflects the potential for a downgrade
if SBS is unable to successfully change the preferred stock terms
to allow for additional debt incurrence, or if it's unable to raise
enough proceeds in the spectrum auction to repay the notes maturing
in April 2017," said Mr. Hussain.

S&P could downgrade the company if it is unable to refinance or
repay the note due in April 2017 by the end of this year.  S&P
could also lower the corporate credit rating if the company doesn't
generate enough proceeds in the spectrum auction to allow it to
either repay its outstanding notes or come to an agreement with its
preferred stockholders to incur additional debt to refinance the
2017 notes.

S&P could revise the outlook to stable or upgrade SBS if the
company is able to generate enough proceeds in the spectrum auction
to allow it to either repay its outstanding notes or if it reaches
an agreement with its preferred stockholders to incur additional
debt to refinance its 2017 notes, which would eliminate the
likelihood of default over the following 12 months.



SPINNERET ACQUISITIONS: Taps Aronson as Legal Counsel
-----------------------------------------------------
Spinneret Acquisitions, LLC seeks approval from the U.S. Bankruptcy
Court for the Northern District of California to hire the Law
Office of Robert M. Aronson, APC as its legal counsel.

The Debtor tapped the firm to provide these services:

     (a) examination of claims of creditors in order to determine
         their validity;

     (b) giving advice to the Debtor in connection with legal
         issues, including the use, sale or lease of property of
         the estate;

     (c) negotiation with creditors holding secured and unsecured
         claims;

     (d) preparing and presenting a plan of reorganization, if
         necessary; and

     (e) possible prosecution of claims of the estate, objecting
         to claims as may be appropriate.

The Debtor initially engaged the firm in February 2016 by executing
an attorney-client fee agreement, at which time the firm received
payment of $35,000.  

The retainer was fully exhausted prior to the Debtor's Chapter 11
filing for bankruptcy analysis, sale negotiations and creditor
negotiations.  A filing fee of $1,717 was also paid from the
retainer.

LORMA and its professionals are "disinterested persons" as defined
by section 101(14) of the Bankruptcy Code, according to court
filings.

The firm can be reached through:

     Robert M. Aronson
     Law Office of Robert M. Aronson, APC
     444 S. Flower Street, Suite 1700
     Los Angeles, CA 90071
     Tel: (213) 688-8945
     Fax: (213) 688-8948
     Email: robert@aronsonlawgroup.com

                 About Spinneret Acquisitions

Spinneret Acquisitions, LLC sought protection under Chapter 11 of
the Bankruptcy Code in the Northern District of California (San
Jose) (Case No. 16-51191) on April 21, 2016.  The petition was
signed by David McKee, authorized representative.  The Debtor is
represented by Robert M. Aronson, Esq., at the Law Office of Robert
M. Arons. The case is assigned to Judge Dennis Montali.

The Debtor disclosed total assets of $1.27 million and total debts
of $2.32 million.

An Official Committee of Unsecured Creditors has been appointed in
the case.


SPORTS AUTHORITY: Liquidators Win Approval to Start GOB Sales
-------------------------------------------------------------
Lillian Rizzo, writing for Daily Bankruptcy Review, reported that
Sports Authority Holdings Inc.'s going-out-of-business sales will
begin this week after a bankruptcy judge signed off on a deal with
a trio of liquidators.

According to the report, at a hearing on May 24, Judge Mary Walrath
of the U.S. Bankruptcy Court in Wilmington, Del., authorized the
liquidator group -- made up of Hilco Merchant Resources LLC, Gordon
Brothers Retail Partners LLC and Tiger Capital Group LLC -- to
quickly launch the sales.

"The recoveries to the estate depend in large measure on getting
rolling through the Memorial Day weekend," Sports Authority
attorney Robert Klyman said of the need to begin the going-out-of
business sales as soon as possible, the report cited.

In exchange for the right to run the sales, the liquidators, who
prevailed over another liquidator group in an auction held last
week, will pay a guaranteed 101% of the value of the inventory, of
which 88% will be paid in cash, Jeremy Graves, attorney for Sports
Authority said in court, the report related.

Tiger Capital and Gordon Brothers were previously engaged to run
the going-out-of-business sales at 142 of the 450 stores early on
in Sports Authority’s bankruptcy proceeding, the report noted.
The latest round of sales will begin May 26, according to a news
release from the liquidator group, and will cover the chain's
remaining stores, around which it originally had high hopes of
reorganizing, the report further related.

                  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.  Lawyers at Pachulski
Stang Ziehl & Jones LLP represent the Official Committee of
Unsecured Creditors.


STATE DRIVE-IN: Taps Thomas Battaglia as Bankruptcy Counsel
-----------------------------------------------------------
State Drive−In Cleaners, Inc., seeks permission from the U.S.
Bankruptcy Court for the District of Connecticut to employ Thomas
V. Battaglia, Jr., as counsel.

Mr. Battaglia will:

      a. advise the Debtor of its rights, powers and duties as
         Debtor and debtor-in-possession in continuing to operate
         and manage its business and property;

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

      c. review the nature and validity of liens asserted against
         the property of the Debtor and advise the Debtor
         concerning the enforceability of the liens;

      d. advise the Debtor concerning the actions that it might
         take to collect and to recover property for the benefit
         of the Debtor's estate;

      e. prepare on behalf of the Debtor certain necessary and
         appropriate applications, motions, pleadings, draft
         orders, notices, schedules and other documents, and
         review all financial and other reports to be filed in the

         Chapter 11 case;

      f. advise the Debtor concerning, and preparing responses to,

         applications, motions, pleadings, notices and other
         papers which will be filed and served in this Chapter 11
         case;

      g. counseling the Debtor in connection with the formulation,

         negotiation and promulgation of a plan of reorganization
         and related documents; and

      h. perform all other legal services for and on behalf of the

         Debtor which will be necessary or appropriate in the
         administration of the Chapter 11 case.

Mr. Battaglia will be paid $350 per hour for his services.

Prior to the filing, Mr. Battaglia has been paid a retainer of
$5,783 which was paid by the Debtor.  The initial $5,000 retainer
was paid prior to the first Chapter 11 case.  Mr. Battaglia has
waived any claim to fees relating to the prior Chapter 11 case.  An
additional $783 was paid as retainer in April 2016.  All of the
retainer paid to date will be applied to fees and cost associated
with this case.  The Debtor has agreed to pay an additional $2,500
as retainer within 60 days of the Date of this application, May 23,
2016.  The retainer will be applied on account of legal fees and
expenses incurred in representing the Debtor immediately prior to
the current bankruptcy filing and in contemplation of and in
connection with this case.  The Debtor has also paid filing fee in
the amount of $1,717 for the filing of the bankruptcy petition.

Mr. Battaglia assures the Court that he has no connection with the
Debtor, its creditors or any other party in interest or its
respective attorneys, the U.S. Trustee or any person employed in
the office of the U.S. Trustee other than its representation of the
Debtor in a previous Chapter 11 case filed in the Court on Jan. 22,
2015, Case No. 15-50098, which case was dismissed by the Court
without prejudice to refile a new Chapter 11 by court order dated
Feb. 17, 2016.

Mr. Battaglia can be reached at:

         Thomas V. Battaglia, Jr.
         3267 Main Street
         Stratford, CT 06614
         Tel: (203) 375-9836
         E-mail: battaglialaw@yahoo.com

State Drive-In Cleaners, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. Conn. Case No. 16-50502) on April 12, 2016.

Thomas V. Battaglia Jr., Esq., at the Law Office of Thomas V.
Battaglia, Jr., serves as the Debtor's bankruptcy counsel.


STATION CASINOS: Bid to Dismiss "Sierra" Suit Affirmed
------------------------------------------------------
Judge Roger T. Benitez of the U.S. District Court for the District
of Nevada issued an order:

    -- denying Station Casinos, Inc.'s motion to dismiss or, in the
alternative, for summary judgment; and

    -- granting Chartwell Advisory Group, Ltd.'s motion for leave
to file a second amended answer, affirmative defenses, and
counterclaims

The case is SIERRA DEVELOPMENT CO. Plaintiff, v. CHARTWELL ADVISORY
GROUP, LTD. Defendant. CHARTWELL ADVISORY GROUP, Counterclaimant,
v. SIERRA DEVELOPMENT CO., et al., Counterdefendants, Case No.
13cv602 BEN (VPC) (D. Nev.).

It was alleged that about 2002-2003, Chartwell and Station Casinos,
Inc. inked a professional services agreement.  According to the
agreement, Chartwell would seek tax refunds from the State of
Nevada for the benefit of Station Casinos.  In return, Station
Casinos would pay Chartwell a percentage of the tax refund money
obtained.  These are the allegations.  In 2009, after Chartwell had
expended efforts to obtain the tax refunds, but before refunds were
actually paid, Station Casinos, Inc. filed a voluntary petition for
relief under Chapter 11 of the U.S. Bankruptcy Code. Chartwell was
not listed as a creditor.  In 2011, the U.S. Bankruptcy Court
confirmed the reorganization plan. A second entity, Station Casinos
LLC, allegedly acquired the assets of Station Casinos, Inc. It is
alleged that Chartwell continued to work to obtain tax refunds
during and after the bankruptcy proceedings, at the behest of
Station Casinos, Inc. and Station Casinos, LLC.

A full-text copy of Judge Benitez's May 4, 2016 order is available
at https://is.gd/xYVfNd from Leagle.com.

Chartwell Advisory Group Ltd. is represented by:

          Calvin R.X. Dunlap, Esq.
          Monique Laxalt, Esq.
          LAW OFFICE OF CALVIN R.X. DUNLAP
          691 Sierra Rose Suite A
          Reno, NV 89803
          Tel: (775)323-7790
          Fax: (775)323-5454

            -- and --

          David P. Fitzgibbon, Esq.
          Joshua Wolson, Esq.
          Claire A. Blewitt, Esq.
          DILWORTH PAXSON LLP
          1500 Market St. 3500E
          Philadelphia, PA 19102
          Tel: (215)575-7000
          Fax: (215)575-7200
          E-mail: dfitzgibbon@dilworthlaw.com
                  jwolson@dilworthlaw.com
                  cblewitt@dilworthlaw.com

FHR Corp., Flamingo Paradise Gaming, LLC, Caesars Entertainment
Corp. are represented by:

          Michael N Feder, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com

Nevada Resort Association is represented by:

          Charles M. Vlasic, III, Esq.
          Jaimie Stilz, Esq.
          I. Scott Bogatz, Esq.
          REID RUBINSTEIN & BOGATZ
          Bank of America Plaza
          300 South 4th Street, Suite 830
          Las Vegas, NV 89101
          Tel: (702)776-7000
          Fax: (702)776-7900
          E-mail: cvlasic@rrblf.com
                  jstilz@rrblf.com
                  sbogatz@rrblf.com

Affinity Gaming, Inc., Mesquite Gaming, LLC, RBG, LLC, B&BB, Inc.,
Casablanca Resorts, LLC are represented by:

          Michael N Feder, Esq.
          Joel Z. Schwarz, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com
                  jschwarz@dickinson-wright.com

            -- and --

          Mark Malloy Weisenmiller, Esq.
          GARMAN TURNER GORDON LLP
          650 White Drive, Suite 100
          Las Vegas, NV 89119
          Tel: (725)777-3000
          Fax: (725)777-3112
          E-mail: mweisenmiller@gtg.legal

Harrah's Las Vegas LLC, Harrah's Laughlin LLC, Rio Properties, LLC
are represented by:

          Michael N Feder, Esq.
          Joel Z. Schwarz, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas, NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com
                 jschwarz@dickinson-wright.com

Eldorado Hotel Casino is represented by:

          Matthew C. Addison, Esq.
          MCDONALD CARANO WILSON LLP
          100 West Liberty Street, 10th Floor
          Reno, NV 89501
          Tel: (775)788-2000
          Fax: (775)788-2020
          E-mail: maddison@mcdonaldcarano.com

            -- and --

          Michael N Feder, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas, NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com

Golden Nugget, Inc., GNLV Corp., Golden Nugget Hotels and Casinos
are represented by:

          Christopher M. Humes, Esq.
          Joshua J. Hicks, Esq.
          Kirk B. Lenhard, Esq.
          BROWNSTEIN HYATT FARBER SCHRECK, LLP
          100 North City Parkway
          Las Vegas, NV 89106-4614
          Tel: (702)382-2101
          Fax: (702)382-8135
          E-mail: chumes@bhfs.com

MGM Resorts International, Goldstrike Investments, Inc., MSE
Investments, Inc., New Castle Corp, Ramparts, Inc., Archon Corp.,
Station Casinos, Inc., Archon Corp. are represented by:

          Jarrod L. Rickard, Esq.
          Todd L. Bice, Esq.
          PISANELLI BICE PLLC

Circus and Eldorado Joint Venture is represented by:

          Matthew C. Addison, Esq.
          MCDONALD CARANO WILSON LLP
          100 West Liberty Street, 10th Floor
          Reno, NV 89501
          Tel: (775)788-2000
          Fax: (775)788-2020
          E-mail: maddison@mcdonaldcarano.com

            -- and --

          Michael N Feder, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas, NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com

Tropicana Entertainment, Inc., Tropicana Express, Inc., Wimar Tahoe
Corp., Columbia Properties Laughlin, LLC, Columbia Properties
Tahoe, LLC are represented by:

          Charles L. Burcham, Esq.
          Katherine F. Parks, Esq.
          THORNDAL, ARMSTRONG, DELK, BALKENBUSH & EISINGER
          6590 S. McCarra Blvd.
          Tel: (775)-786-2882

B&BB, Inc., Casablanca Resorts, LLC, RBG, LLC are represented by:

          Michael N Feder, Esq.
          Joel Z. Schwarz, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas, NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com
                 jschwarz@dickinson-wright.com

            -- and --

          Mark Malloy Weisenmiller, Esq.
          GARMAN TURNER GORDON LLP
          650 White Drive, Suite 100
          Las Vegas, NV 89119
          Tel: (725)777-3000
          Fax: (725)777-3112
          E-mail: mweisenmiller@gtg.legal

Circus and Eldorado Joint Venture, Eldorado Hotel Casino are
represented by:

          Matthew C. Addison, Esq.
          MCDONALD CARANO WILSON LLP

            -- and --

          Michael N Feder, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com

GNLV Corp., Golden Nugget, Inc., are represented by:

          Joshua J. Hicks, Esq.
          Kirk B. Lenhard, Esq.
          BROWNSTEIN HYATT FARBER SCHRECK, LLP
          100 North City Parkway
          Las Vegas, NV 89106-4614
          Tel: (702)382-2101
          Fax: (702)382-8135
          E-mail: chumes@bhfs.com

Golden Nugget Hotels and Casinos is represented by:

          Christopher M. Humes, Esq.
          Joshua J. Hicks, Esq.
          Kirk B. Lenhard, Esq.
          BROWNSTEIN HYATT FARBER SCHRECK, LLP
          100 North City Parkway
          Las Vegas, NV 89106-4614
          Tel: (702)382-2101
          Fax: (702)382-8135
          E-mail: chumes@bhfs.com

Goldstrike Investments, Inc., MGM Resorts International, MSE
Investments, Inc., New Castle Corp, Ramparts, Inc., Station
Casinos, Inc. are represented by:

          Jarrod L. Rickard, Esq.
          Todd L. Bice, Esq.
          PISANELLI BICE PLLC

Harrah's Las Vegas LLC, Harrah's Laughlin LLC, Rio Properties, LLC
are represented by:

          Michael N Feder, Esq.
          Joel Z. Schwarz, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas NV 89113
          Tel: (702)550-4400
          Fax: (702)382-1661
          E-mail: mfeder@dickinson-wright.com
                  jschwarz@dickinson-wright.com


STEVE MURPHY: Selling 26 Walgreens LLCs for $15 Million
-------------------------------------------------------
Steve and Celeste Murphy, on May 18, 2016, filed a motion asking
the U.S. Bankruptcy Court for the Northern District of Illinois,
Western Division, for an order authorizing the sale to
QuickLiquidity, LLC, of certain of the Debtor's membership
interests in GNI of Alford and around 25 other LLC entities.

According to a Letter Agreement, QuickLiquidity has agreed to
purchase ownership interests in 26 single tenant Walgreens for $15
million.  The Buyer will receive a $450,000 breakup fee in the
event another entity purchases the properties.  The Buyer will have
60 days to conduct due diligence. Other parties interested in
purchasing the parties have to submit a bid of at least $15.1
million.

A hearing on the Debtors' motion is scheduled for June 8, 2016, at
10:30 a.m.

A list of the membership interests to be sold to QuickLiquidity is
available at:

   http://bankrupt.com/misc/Steve_and_Celeste_269_Sale_List.pdf

Pursuant to a Joint Stipulation Regarding Sale Of Membership
Interests (the "Joint Stipulation") entered into between the other
Members of the Membership Interests and the Debtors, the Debtors
were permitted to sell their Membership Interests to a bona fide
purchaser for a period of six months until June 2016, subject to a
right of first refusal by the other Members and other conditions
enumerated therein.

The Debtors' Membership Interests are subject to a prepetition lien
filed by the Internal Revenue Service in the amount of $4,436,376.
The Debtors request authority to pay from the proceeds of the sale
at the time of closing the secured portion of the amount due to the
IRS.  All excess proceeds of the sale to the Buyer beyond amounts
paid for the secured portion of amounts due the IRS will be
deposited into the Debtors DIP account, waiting further Order of
Court.

The Debtors ask the Court to approve the sale of the Membership
Interests to the Buyer or to the non-Debtor Members should they
exercise their right of first refusal pursuant to the Joint
Stipulation, approve the payment from the proceeds of the sale to
the Internal Revenue Service pursuant to their duly filed proof of
claim evidencing their secured interest, and grant the Debtor such
further relief as is just and equitable.

The Buyer has acquired the necessary financing from Bloomfield
Capital and is now qualified subject only to the completion of due
diligence which is still ongoing.

Steve Murphy and Celeste Murphy filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ill. Case No. 13-80740) on March 7, 2013.
The case judge is the Hon. Thomas M. Lynch.

Steve and Celeste Murphy are represented by:

         Michael J. Davis
         BKN Murray LLP
         1500 Eisenhower Lane, Suite 800
         Lisle, IL 60532
         Tel: (630) 915-3999
         E-mail: mdavis@bknmurray.com


SUN PROPERTY: Case Summary & 16 Unsecured Creditors
---------------------------------------------------
Debtor: Sun Property Consultants, Ltd.
        127 Reeve Road
        Attn: Dr. Rajesh Singh
        Rockville Centre, NY 11570

Case No.: 16-72267

Type of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 23, 2016

Court: United States Bankruptcy Court
       Eastern District of New York (Central Islip)

Judge: Hon. Louis A. Scarcella

Debtor's Counsel: Marc A Pergament, Esq.
                  WEINBERG GROSS & PERGAMENT LLP
                  400 Garden City Plaza
                  Garden City, NY 11530
                  Tel: (516) 877-2424
                  E-mail: mpergament@wgplaw.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $1 million to $10 million

The petition was signed by Rajesh K. Singh, authorized
representative.

List of Debtor's 16 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Airweld                              Beer Gas                $98

AmTrust North America               Insurance             $5,898

Axis Capital, Inc.                                            $0

Bethpage Water District              Services             $4,844

Light Box                        Lighting Supplies          $662

NationalGrid                         Services               $344

National Grid                       Services               $1,755

Navitas -Lease Operations                                 $47,236

NUCO2                               Soda Gas               $1,617

Optimum                          Telephone Service           $260

PSECLI                              Services               $4,844

PSEGLI                              Service                $3,324

PSEGLI                              Service                $2,425

Slomin's                        Alarm Monitoring             $269

T.P. Exterminators                  Services                 $363

Telephonetics                       Services                 $612


SUNEDISON INC: Committee Taps Morrison & Foerster as Counsel
------------------------------------------------------------
The official committee of unsecured creditors of SunEdison, Inc.
seeks approval from the U.S. Bankruptcy Court for the Southern
District of New York to employ Morrison & Foerster LLP as its
special counsel.

The committee tapped the firm to provide legal advice on renewable
energy matters relating to the Debtors and their business
operations.  Specifically, Morrison & Foerster will provide these
services:

     (a) assist and advise the committee in connection with the
         Debtors' renewable energy assets and investments;

     (b) assist and advise the committee in its consultation with
         the Debtors regarding power purchase agreements and
         similar and related agreements;

     (c) assist and advise the committee in connection with tax
         equity investments relating to the Debtors' renewable
         energy assets;

     (d) assist and advise the committee with respect to tax, real

         estate, permitting, environmental and energy regulation,
         and other regulatory matters relating to the Debtors'
         renewable energy assets;

     (e) assist and advise the committee in connection with the
         Debtors' proposed assumption or rejection of contracts
         and leases as they relate to renewable energy assets;

     (f) prepare on behalf of the committee pleadings in
         support of positions taken by the committee specifically
         with respect to renewable energy assets and, as
         appropriate, appear before the bankruptcy court in
         connection with the same; and

     (g) attend meetings and negotiate on behalf of the committee
         with representatives of the Debtors and other parties.

Morrison & Foerster's standard hourly rates range from $825 to
$1,290 for partners based upon a variety of factors, including
seniority, distinction and expertise in one's field; $630 to $1,260
for "of counsel" and "senior of counsel;" $355 to
$825 for attorneys and associates; and $220 to $440 for
paraprofessionals.

The firm will also seek reimbursement for work-related expenses.  

In compliance with the U.S. Trustee Guidelines, Morrison & Foerster
disclosed that it did not represent the committee prior to the
filing of the Debtors' cases.  

Morrison & Foerster also said that the committee and the firm
expect to develop a prospective budget and staffing plan for the
first interim period, recognizing that in the course of the
bankruptcy cases, there may be unforeseeable fees and expenses that
need to be addressed.

In a declaration, Jonathan Levine, Esq., a partner at Morrison &
Foerster, disclosed that his firm is a "disinterested person" as
defined by section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Lorenzo Marinuzzi, Esq.
     Jonathan I. Levine, Esq.
     Jennifer L. Marines, Esq.
     Samantha Martin, Esq.
     Morrison & Foerster LLP
     250 West 55th Street
     New York, NY 10019
     Telephone: (212) 468-8000
     Facsimile: (212) 468-7900

                      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: Committee Taps Weil Gotshal as Counsel
-----------------------------------------------------
The official committee of unsecured creditors of SunEdison, Inc.
seeks approval from the U.S. Bankruptcy Court for the Southern
District of New York to employ Weil, Gotshal & Manges LLP as its
general bankruptcy counsel.

Weil Gotshal will provide these services:

     (a) advise the committee in connection with its powers and
         duties under the bankruptcy law;

     (b) consult the committee, the Debtors and the U.S.
         trustee concerning the administration of the Chapter 11
         cases;

     (c) attend meetings and negotiate with the representatives of

         the Debtors and other parties;

     (d) investigate and analyze pre-bankruptcy acts and conduct;

     (e) analyze the assets, liabilities and financial condition
         of the Debtors, the operation of their businesses, the
         desirability of the continuance of such businesses,
         proposals to restructure the Debtors' operations, and any

         matters relevant to the cases;

     (f) assist and advise in connection with all relief sought by

         the Debtors, including the evaluation of debtor-in-
         possession financing and other financing alternatives;

     (g) assist and advise the committee in connection with any
         sale of the Debtors' assets pursuant to section 363 of
         the Bankruptcy Code;

     (h) assist and advise the committee in the review, analysis
         and negotiation of any chapter 11 plan of reorganization
         or liquidation that may be filed and assist the committee

         in the review, analysis and negotiation of the disclosure

         statement accompanying any such plan;

     (i) take all necessary action to protect and preserve the
         interests of the committee, including investigation and
         possible prosecution of actions;

     (j) prepare legal papers on behalf of the committee; and

     (k) appear before the bankruptcy court, the appellate courts,

         and the U.S. trustee.

Weil Gotshal will charge the committee at its normal hourly rates
in effect at the time the services are rendered.  The firm's hourly
rates range from $900 to $1,350 for members and counsel; $490 to
$885 for associates; and $210 to $350 for paraprofessionals.

The firm will also seek reimbursement for work-related expenses.  

In compliance with the U.S. Trustee Guidelines, Weil Gotshal
disclosed that it did not represent the committee prior to the
filing of the Debtors' cases.  

In the last 12 months, the firm's corporate and litigation
departments worked with committee members Vivint, Inc. and D.E.
Shaw Composite Portfolios, LLC.  The firm charged its regular rates
for services provided to these clients, but provided one of them,
in connection with certain litigation matters, a 10% discount,
according to Weil Gotshal.

Weil Gotshal also disclosed that it is developing a budget and
staffing plan for April 29 through June 30, 2016 that will be
presented for approval by the committee.

In a declaration. Matthew Barr, a member of Weil Gotshal, disclosed
that his firm is a "disinterested person" as defined by section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Matthew S. Barr, Esq.
     Joseph H. Smolinsky, Esq.
     Ronit J. Berkovich, Esq.
     Jill Frizzley, Esq.
     Weil, Gotshal & Manges LLP
     767 Fifth Avenue
     New York, NY 10153
     Telephone: (212) 310-8000
     Facsimile: (212) 310-8007

                      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 Debtors' cases.


SUNEDISON INC: Taps Togut Segal as Conflicts Counsel
----------------------------------------------------
SunEdison, Inc. and its affiliates seek approval from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Togut, Segal & Segal LLP.

The Debtors tapped the firm to handle matters which are not
appropriately handled by Skadden, Arps, Slate, Meagher & Flom LLP,
the Debtors' general restructuring counsel, due to a potential or
actual conflict of interest with creditors.

Togut will also provide these additional services:

     (a) counseling and assisting the Debtors in the preparation
         and filing of their schedules of assets and liabilities
         and statements of financial affairs;

     (b) assisting the Debtors in obtaining bankruptcy court
         approval for the retention of special counsel and other
         professionals;

     (c) representing the Debtors in connection with contested
         matters seeking the setoff, allowance or settlement of
         (i) priority or secured claims in an amount less than
        $5 million and (ii) general unsecured claims;

     (d) effectuating the rejection of executory contracts and
         unexpired leases;

     (e) counseling and assisting the Debtors in connection with
         de minimus asset sale;

     (f) assisting the Debtors in connection utility matters;

     (g) assisting the Debtors in the negotiation and
         implementation of a postpetition surety bond program;

     (h) analyzing transfers made by the Debtors in the 90-day
         period prior to the commencement of the Chapter 11 cases
         for an assessment of potential avoidance claims under
         Chapter 5 of the Bankruptcy Code;

     (i) advising the Debtors regarding their powers and duties as

         debtors-in-possession for the tasks assigned;

     (j) preparing and filing legal papers on the Debtors' behalf;

     (k) attending meetings and negotiating with representatives
         of creditors and other parties-in-interest;

     (l) appearing before the court and any appellate courts;

     (m) responding to inquiries and calls from creditors and
         counsel to interested parties regarding pending assigned
         matters.

The firm will be paid on an hourly basis and will receive
reimbursement for work-related expenses.  

The hourly rate for Albert Togut, senior member of the firm, is
$965 while the hourly rate for Frank Oswald is $850.  The firm's
other partner rates range from $655 to $845 per hour.

Togut's hourly rates range from $250 to $525 for associates; from
$595 to $695 for counsel; and from $165 to $315 for paralegals and
law clerks.

Mr. Togut disclosed in a declaration that his firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Albert Togut, Esq.
     TOGUT SEGAL & SEGAL
     One Penn Plaza, Suite 3335
     New York, New York 10119
     Phone: 212-594-5000
     Fax: 212-967-4258

                      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.


TANGO TRANSPORT: Hires BTS Inc. as Real Estate Brokers
------------------------------------------------------
Tango Transport LLC seeks permission from the U.S. Bankruptcy Court
for the Eastern District of Texas to employ Burr & Temkin South,
Inc., as real estate brokers.

The Debtor require BTS to:

     a. at the request of Debtor, secure confidentiality from all
potential purchasers of the Property, BTS will screen prospective
buyers to ensure their capability and resources to close;

     b. provide its advisory and consulting expertise in preparing
marketing materials. BTS will distribute the marketing materials to
qualified prospective buyers/investors and will conduct an online
data room;

     c. administer questions from purchasers, and prepare and
coordinate consistent responses;

     d. provide its advisory and consulting expertise in confirming
and reviewing offers;

    e. assist (as requested) in the negotiation of final
agreements; and

     f. assist in the preparation (as requested) of necessary
documents and exhibits to effect a sale transactions, including
purchase and sale agreement. assignments, transfer orders,
letters-in-lieu, consents, notices and other requires documents.

Fees and related costs and expenses incurred by the Debtor on
account of services rendered by BTS in this case will be paid as
administrative expenses of the estate pursuant to Bankruptcy Code.

The fee due to BTS for its services will be 4.0% of the total
consideration if BTS is the sole broker; or 5.0% of the total
representation if the Buyer is represented by a cooperating
broker.

Will McFarlin, broker at Burr & Temkin South, Inc., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

BTS may be reached at:

      Will McFarlin
      Burr & Temkin South, Inc.
      12395 Morris Road
      Alpharetta, GA 30005
      Phone: 770-410-1900
      E-mail: willm@burrtemkin.com

                  About Tango Transport



Tango Transport, LLC sought protection under Chapter 11 of
the
Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern

District of Texas (Sherman) (Case No. 16-40642) on April 6,
2016. The petition was signed by B.J. Gorman, president of Gorman
Group, Inc., sole member of Debtor.



The Debtor is represented by Keith William Harvey, Esq., at The

Harvey Law Firm, P.C.



The Debtor estimated assets of $0 to $50,000 and debts of
$10
 million to $50 million.


TANGO TRANSPORT: Taps BKM Sowan Horan as Accountant
---------------------------------------------------
Tango Transport LLC seeks approval from the U.S. Bankruptcy for the
Eastern District of Texas to hire BKM Sowan Horan as its
accountant.

The Debtor tapped the firm to file tax returns for the consolidated
tax group; provide advisory and consulting expertise in preparing
operating reports and quarterly reports; and provide litigation
support.

The firm's standard hourly billing rates are:

     Partner/Directors     $200 - $300
     Managers              $165 - $200
     Senior staff          $135 - $165
     Junior staff          $100 - $135
     Paraprofessional      $40 - $65

The Debtor proposed to pay a $15,000 post-petition retainer to
BKM.

Karl Schwabauer, a director at BKM, disclosed in a declaration that
the firm is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.  

The Debtor can be reached through:

     Keith W. Harvey
     The Harvey Law Firm, P.C.
     6510 Abrams Road
     Suite 280
     Dallas, TX 75231
     Tel: 972-243-3960
     Fax: 972-241-3970

BKM Sowan Horan can be reached through:

     Karl Schwabauer
     15301 Dallas Parkway, Suite 960
     Addison, TX 75001
     Tel: 214-545-3965
     Fax: 214-545-3966
     Email: www.bkmsh.com

                       About Tango Transport

Tango Transport, LLC sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern
District of Texas (Sherman) (Case No. 16-40642) on April 6, 2016.
The petition was signed by B.J. Gorman, president of Gorman Group,
Inc., sole member of Debtor.

The Debtor is represented by Keith William Harvey, Esq., at The
Harvey Law Firm, P.C.

The Debtor estimated assets of $0 to $50,000 and debts of $10
million to $50 million.


TAYLOR BEAN: Wolff's Bid to Dismiss Clawback Suit Denied
--------------------------------------------------------
Judge Ronald S.W. Lew of the United States District Court for the
Central District of California denied Paul H. Wolff's motion to
dismiss the complaint in the case captioned NEIL F. LURIA, AS
TRUSTEE TO THE TAYLOR BEAN & WHITAKER PLAN TRUST, Plaintiff, v.
PAUL H. WOLFF, Defendant, No. CV 15-09191-RSWL-GJSx (C.D. Cal.).

The complaint was filed against Wolff for (1) avoidance of
fraudulent transfers pursuant to California Civil Code sections
3439.04(a) and 3439.07; and (2) common law fraudulent conveyance
pursuant to California Code of Civil Procedure section 338.

A full-text copy of Judge Lew's April 11, 2016 order is available
at https://is.gd/4i3sgu from Leagle.com.

Neil F. Luria is represented by:

          C Dennis Loomis, Esq.
          BAKER AND HOSTETLER LLP
          11601 Wilshire Boulevard, Suite 1400
          Tel: (310)820-8800
          Fax: (310)820-8859
          Email: cdloomis@bakerlaw.com

Paul H. Wolff is represented by:

          Robert M Yaspan, Esq.
          LAW OFFICES OF ROBERT M. YASPAN
          21700 Oxnard Street, Suite 1750
          Woodland Hills, CA 91367
          Tel: (818)905-7711

                    About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small Ocala-
based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more than 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.
Taylor Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition.

Lee Farkas, the former chairman, was sentenced in June to 30 years
in federal prison after being convicted on 14 counts of conspiracy
and bank, wire and securities fraud in what prosecutors said was a
$3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.

Unsecured creditors were expected to receive 3.3% to 4.4% under a
Chapter 11 plan approved in July 2011.


TENET HEALTHCARE: Moody's Lowers CFR to B2, Outlook Stable
----------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
Tenet Healthcare Corporation to B2 from B1 and Probability of
Default Rating to B2-PD from B1-PD.  Moody's also downgraded the
company's senior secured notes to Ba3 (LGD 2) from Ba2 (LGD 2) and
senior unsecured notes to Caa1 (LGD 5) from B3 (LGD 5).  Finally,
Moody's affirmed Tenet's Speculative Grade Liquidity Rating at
SGL-2.  The rating outlook was changed to stable from negative.

"Tenet's financial leverage will remain very high, even as it
recognizes the benefit of recent acquisitions and portfolio
rationalization," said Dean Diaz, Moody's Senior Vice President.
"Modest free cash flow and the need to maintain adequate liquidity
to address litigation exposure will likely prevent any meaningful
debt repayment in the near term," continued Diaz.

The downgrade of the ratings reflects Moody's expectation that
Tenet's debt to EBITDA less distributions to minority interests
will likely remain above 6.0 times over the next 12 months.  While
earnings growth will likely continue, Tenet will have limited
resources to meaningfully reduce the amount of debt outstanding.
Further, Moody's expects that the company will continue to pursue
acquisitions, predominantly in the outpatient service area, and use
cash -- over time -- to buy the remaining interest in a joint
venture from a partner.

The stable rating outlook reflects Moody's expectation that the
company will continue to realize earnings and cash flow growth that
will modestly improve credit metrics.  However those improvements
will be constrained by the company's very high leverage and lack of
prepayable debt in the capital structure.

The affirmation of the SGL-2 Speculative Grade Liquidity Rating
reflects Moody's expectation that the company will maintain good
liquidity.  Moody's anticipates that the company's cash flow,
considerable available cash balance and bank revolver provide
sufficient liquidity, even if a litigation payment is due in the
near term. Further, the company has no near term maturities.

Following is a summary of Moody's rating actions.

Ratings downgraded:

  Corporate Family Rating to B2 from B1

  Probability of Default Rating to B2-PD from B1-PD

  Senior secured notes to Ba3 (LGD 2) from Ba2 (LGD 2)

  Senior unsecured notes to Caa1 (LGD 5) from B3 (LGD 5)

Ratings affirmed:

  Speculative Grade Liquidity Rating at SGL-2

  The rating outlook was revised to stable from negative.

                       RATINGS RATIONALE

Tenet's B2 Corporate Family Rating reflects the company's very high
financial leverage and an aggressive debt-funded acquisition
strategy.  Tenet has added scale and earnings diversification
through its recent acquisitions, but to date has not fully
benefited from synergies, which has held leverage high.  However,
Tenet's significant scale in each of its service lines and Moody's
expectation that the company can successfully integrate newly
acquired businesses support the rating.  The rating also reflects
Moody's expectation that Tenet will remain disciplined in the use
of incremental leverage for shareholder initiatives or other
acquisitions until debt to EBITDA is reduced.

The ratings could be upgraded if Tenet can effectively integrate
and realize synergies from its recent acquisitions and maintains a
more measured approach than it has in the past to debt-funded
transactions.  For an upgrade, Moody's would also need to see the
company realize improvements in cash flow and interest coverage
metrics, and be able to reduce and sustain debt/EBITDA around 5.0
times.

Tenet's ratings could be downgraded if the company faces
operational challenges or pursues leveraging acquisitions, share
repurchases or shareholder distributions.  More specifically, the
ratings could be downgraded if debt/EBITDA does not decline below
6.0 times over the next 18 months.  Finally, the ratings could also
be downgraded if the company's liquidity weakens.

Tenet, headquartered in Dallas, Texas, is a healthcare services
company.  The company's subsidiaries operate 84 hospitals, 20
short-stay surgical hospitals and over 475 outpatient centers.  The
company also offers other services, including six health plans and
Conifer Health Solutions, which provides healthcare business
process services.  Tenet recognized $19.3 billion in revenue in the
twelve months ended March 31, 2016.

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


TIBCO SOFTWARE: Bank Debt Trades at 10% Off
-------------------------------------------
Participations in a syndicated loan under which TIBCO Software is a
borrower traded in the secondary market at 89.92
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.46 percentage points from the
previous week.  TIBCO Software pays 550 basis points above LIBOR to
borrow under the $1.65 billion facility. The bank loan matures on
Nov. 18, 2020 and carries Moody's B1 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


TIERRA DEL REY: Taps Finlayson Toffer as General Counsel
--------------------------------------------------------
The Chapter 11 trustee of Tierra Del Rey, LLC seeks approval from
the U.S. Bankruptcy for the Southern District of California to hire
Finlayson Toffer Roosevelt & Lilly LLP as its general counsel.

Christopher Barclay, the bankruptcy trustee, tapped the firm to:

     (a) consult and assist the trustee concerning the Debtor's
         case;

     (b) prepare and file documents and pleadings;

     (c) make appearances before the court;

     (d) communicate and correspond with interested parties and
         their counsel;

     (e) commence and prosecute adversary proceedings; and

     (f) assist the trustee with noticing of fee applications.

Finlayson will be employed according to prevailing hourly rates
that this law firm charges for bankruptcy and commercial litigation
matters.  

The current rate for Jesse Finlayson is $395 per hour. Other
Finlayson professionals may perform services for the trustee on an
as-needed basis.  These additional professionals include Matthew
Lilly (current hourly rate of $395) and Wendy Mills (current hourly
rate of $130).

Finlayson will also receive reimbursement for work-related
expenses.

Mr. Barclay disclosed in a declaration that the firm does not have
an interest adverse to the Debtor and, therefore, is a
"disinterested person" as defined by section 101(14) of the
Bankruptcy Code.

The Debtor can be reached through:

     Christopher R. Barclay
     Chapter 11 Trustee
     5055 N. Harbor Drive, Suite 210
     San Diego, CA 92106
     Telephone: (619) 255-1536
     Email: crbarclaycpa@gmail.com

                            About Tierra Del Rey

Tierra Del Rey, LLC, owns the Tierra Del Rey Apartments, an 80-unit
multi-family apartment complex at 3675 King Street and 6975 Waite
Street in La Mesa, California.  The property is valued at $10.6
million and secures a debt of $4.21 million debt to Fannie Mae (1st
trust deed) and a $1.27 million debt to AP Mortgage Company, Inc.
(2nd trust deed).

A receiver seized control of the apartment complex on June 19,
2015.  The receiver, Trigild Inc., was appointed at the behest of
AP Mortgage, which commenced the suit styled, AP Mortgage Company,
Inc. vs. Bay Vista Methodist Heights et al.
37-2015-00012044-CU-OR-CTL, SDSC Central Division.

Tierra Del Rey filed a Chapter 11 bankruptcy petition (Bankr. S.D.
Cal. Case No. 15-04253) on June 29, 2015, disclosing assets of
$10.8 million against $5.54 million in debt.

The Debtor tapped Craig E. Dwyer, Esq., in San Diego, California,
as counsel.

The Court subsequently appointed Christopher Barclay as Chapter 11
bankruptcy trustee.


TRANSDIGM INC: Moody's Raises CFR to B1, Outlook Remains Stable
---------------------------------------------------------------
Moody's Investors Service upgraded the ratings of TransDigm Inc.,
including the Corporate Family Rating to B1 from B2, the
Probability of Default Rating to B1-PD from B2-PD, the senior
secured credit facilities rating to Ba2 from Ba3, and the senior
subordinated notes rating to B3 from Caa1.  The rating outlook
remains stable.

                          RATINGS RATIONALE

The upgrade reflects TransDigm's growing size and scale and
considers the company's strong competitive positioning within its
niche markets as evidenced by industry-leading margins.  The
upgrade also acknowledges TransDigm's demonstrated ability to
operate with a highly leveraged balance sheet and incorporates a
continuation of high leverage going forward.  Moody's anticipates
that TransDigm's track record of solid execution along with
favorable industry fundamentals will continue to support robust
earnings and cash flow growth and a strong liquidity profile.  This
is expected to provide the support for the company's leveraged
capital structure.

The B1 Corporate Family Rating reflects TransDigm's high tolerance
for financial risk, elevated leverage levels, and a history of
aggressive shareholder distributions and debt-financed
acquisitions.  Moody's expects TransDigm to prioritize shareholder
returns over debt reduction and anticipates a continuation of high
levels of financial leverage with Moody's adjusted Debt-to-EBITDA
likely to remain between 6.0x to 8.0x (Moody's adjusted leverage
was 6.5x as of March 2016).  These considerations are tempered by
TransDigm's strong competitive position and especially high margins
which are underpinned by the proprietary and sole-sourced nature of
the majority of its products as well as the company's focus on
highly profitable aerospace aftermarkets.  Moody's expects
TransDigm to maintain its strong liquidity profile with substantial
free cash flow generation (likely to be in excess of $650 million
during 2016) which should afford the company some of the financial
flexibility necessary to manage its large debt burden.  Moody's
views TransDigm's sizable and growing installed base of niche
products across multiple platforms and carriers, along with its
focus on the profitable aftermarket business, as adding stability
to the company's revenue stream, a consideration which adds further
support to the rating.

The SGL-1 speculative grade liquidity rating denotes a very good
liquidity profile.  Over the next few years, we expect TransDigm to
maintain a robust cash flow profile driven by the company's high
margins, modest levels of capital expenditures (expected to be
around $50 to $60 million in 2016 and 2017), and relatively muted
working capital requirements.  Moody's anticipates free cash flow
in excess of $650 million during 2016 which equates to FCF-to-Debt
in the high-single digits.  External liquidity is provided by an
undrawn $550 million revolving credit facility due 2018 and a $250
million securitization facility ($200 million drawn) that expires
in August 2016.  The revolver contains a springing net leverage
ratio of 7.25x which comes into effect if usage under the facility
exceeds 25%.  Moody's anticipates limited usage under the facility
and expect the company to maintain ample room with respect to the
covenant.

The stable outlook incorporates Moody's expectations that favorable
industry fundamentals will continue to support earnings growth and
a strong liquidity profile.  The outlook also reflects the
expectation that TransDigm will make progress in reducing leverage
through earnings growth between periodic leveraging transactions.

An upgrade is unlikely in the near term given expectations that
TransDigm will continue to pursue an aggressive financial policy
and a highly leveraged capital structure.  An upward rating action
would be driven by leverage sustained below 5.0x on a Moody's
adjusted basis, coupled with the maintenance of the company's
industry leading margins and a continuation of the strong liquidity
profile.

Factors that could result in a negative outlook or lower ratings
include Moody's adjusted Debt-to-EBITDA sustained above the high 7x
level or an erosion in profitability such that EBITDA margins were
expected to approach 40%.  A deteriorating liquidity profile
involving FCF-to-Debt continuously below 5%, annual free cash flow
generation sustained below $650 million or increased reliance on
the revolver could also pressure the rating downward.

Issuer: TransDigm Inc

These ratings were upgraded:

  Corporate Family Rating, upgraded to B1 from B2

  Probability of Default Rating, upgraded to B1-PD from B2-PD

  $550 million senior secured revolver due 2018, upgraded to Ba2
   (LGD2) from Ba3 (LGD2)

  $2,100 million ($2,025 million outstanding) senior secured term
   loan C due 2020, upgraded to Ba2 (LGD2) from Ba3 (LGD2)

  $825 million ($811 million outstanding) senior secured term loan

   D due 2021, upgraded to Ba2 (LGD2) from Ba3 (LGD2)

  $1,540 million ($1,525 million outstanding) senior secured term
   loan E due 2022, upgraded to Ba2 (LGD2) from Ba3 (LGD2)

  $550 million senior subordinated notes due 2020, upgraded to B3
   (LGD5) from Caa1 (LGD5)

  $500 million senior subordinated notes due 2021, upgraded to B3
   (LGD5) from Caa1 (LGD5)

  $1,150 million senior subordinated notes due 2022, upgraded to
   B3 (LGD5) from Caa1 (LGD5)

  $1,200 million senior subordinated notes due 2024, upgraded to
   B3 (LGD5) from Caa1 (LGD5)

  $450 million senior subordinated notes due 2025, upgraded to B3
   (LGD5) from Caa1 (LGD5)

This rating was affirmed:

  Speculative grade liquidity rating at SGL-1

  Rating Outlook, Stable

TransDigm Inc., headquartered in Cleveland, Ohio, is a manufacturer
of engineered aerospace components for commercial airlines,
aircraft maintenance facilities, original equipment manufacturers
and various agencies of the US Government.  TransDigm Inc. is the
wholly-owned subsidiary of TransDigm Group Incorporated (TDG).
Revenues for the last twelve month period ending March 31, 2016,
were approximately $3.0 billion.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.


TRIAD GUARANTY: Taps Sovereign CPA Group as Tax Services Provider
-----------------------------------------------------------------
Triad Guaranty Inc. seeks approval from the U.S. Bankruptcy for the
District of Delaware to hire Sovereign CPA Group, LLC as its tax
services provider.

The Debtor tapped the firm to prepare the 2013, 2014, and 2015
federal and state income tax returns along with the State of
Alabama Business Privilege Tax Returns.  

The firm will also prepare any bookkeeping entries necessary in
connection with the preparation of the income tax returns and
prepare and post any adjusting entries.

The Debtor proposes to compensate Sovereign based on their agreed
hourly rates.  The fees are estimated to be $4,000 per tax return
for a total of $12,000.  In addition to its fees, the firm will
also receive reimbursement for its expenses.

Sovereign does not hold or represent an interest adverse to the
Debtor's estate and is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code, according to court
filings.

                    About Triad Guaranty

Winston-Salem, N.C.-based Triad Guaranty Inc. (OTC BB: TGIC)
-- http://www.triadguaranty.com/-- is a holding company that  
historically provided private mortgage insurance coverage in the
United States through its wholly-owned subsidiary, Triad Guaranty
Insurance Corporation.  TGIC is a nationwide mortgage insurer
pursuing a run-off of its existing in-force book of business.

In December 2012, the Company's mortgage insurer subsidiary, Triad
Guaranty Insurance Corporation, was placed into rehabilitation,
whereby the Illinois Department of Insurance was vested with
possession and control over all of TGIC's assets and operations.

On May 30, 2013, the magistrate judge for the U.S. District Court
of the Middle District of North Carolina issued an order denying
the Company's motion to dismiss a class action lawsuit against the
company and two of its former officers. Shareholders filed the
class action suit in 2009, claiming the company misled investors
about poor financial results caused by improper underwriting
procedures.

Triad Guaranty Inc. filed a Chapter 11 petition (Bankr. D. Del.
Case No. 13-11452) on June 3, 2013.  The Company estimated assets
of at least $100 million and liabilities of less than $50,000.
Attorneys at Womble Carlyle Sandridge & Rice, LLP, serve as counsel
to the Debtor.  Triad Guaranty tapped Donlin, Recano & Company,
Inc., as claims and noticing agent.


TRONOX INC: Bank Debt Trades at 4% Off
--------------------------------------
Participations in a syndicated loan under which Tronox Inc is a
borrower traded in the secondary market at 96.08
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.31 percentage points from the
previous week.  Tronox Inc pays 300 basis points above LIBOR to
borrow under the $1.5 billion facility. The bank loan matures on
March 15, 2020 and carries Moody's B1 rating and Standard & Poor's
BB rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


TXU CORP: Bank Debt Trades at 69% Off
-------------------------------------
Participations in a syndicated loan under which TXU Corp is a
borrower traded in the secondary market at 31.08
cents-on-the-dollar during the week ended Friday, May 20, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.08 percentage points from the
previous week.  TXU Corp pays 350 basis points above LIBOR to
borrow under the $3.45 billion facility. The bank loan matures on
Oct. 10, 2014 and carries Moody's WR rating and Standard & Poor's
NR rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 20.


UNILIFE CORP: Receives NASDAQ Listing Non-Compliance Notice
-----------------------------------------------------------
Unilife Corporation on May 23, 2016, disclosed that it has received
a letter from The NADSAQ Stock Market LLC ("NASDAQ") notifying the
Company that it is not in compliance with NASDAQ Listing Rule
5250(c)(1) because it has not filed its Form 10-Q for the period
ended March 31, 2016 in a timely manner with the Securities and
Exchange Commission.

As previously disclosed on May 8th, 2016, the Company delayed
filing its Form 10-Q and postponed its fiscal 2016 third quarter
earnings conference call.

Unilife continues to investigate the matters in connection with the
delay and their potential impact on financial reporting and
internal controls over financial reporting, related to
previously-issued financial statements, current interim financial
information, and management's certifications.  The Company has
discovered no financial loss related to these matters to date.

The NASDAQ letter dated May 17, 2016 requires the Company to submit
a plan within 60 days (that is, until July 16, 2016) to regain
compliance with NASDAQ's continued listing requirements.  The
Company currently intends to file the Form 10-Q in advance of
expiration of the 60 day period, in which case the Company would
regain compliance with NASDAQ Listing Rule 5250(c)(1) and would not
be required to submit a plan to regain compliance.  In the event
the Company is unable to file the Form 10-Q in advance of
expiration of such period and does submit a plan to regain
compliance to NASDAQ and the plan is accepted, NASDAQ can grant an
exception of up to 180 calendar days from the original
non-compliance date for the Form 10-Q (that is, until November 6,
2016) for the Company to regain compliance.  The NASDAQ
notification letter has no immediate effect on the listing of the
Company's common stock on the NASDAQ Global Market.

                    About Unilife Corporation

Unilife Corporation (NASDAQ: UNIS / ASX: UNS) --
http://www.unilife.com-- is a U.S. based developer and commercial
supplier of injectable drug delivery systems.  Unilife has a
portfolio of innovative, differentiated products with a primary
focus on wearable injectors.  Products within each platform are
customizable to address specific customer, drug and patient
requirements.  Unilife's global headquarters and manufacturing
facilities are located in York, PA.


USA SALES: Hires Daren M. Schlecter as General Bankruptcy Counsel
-----------------------------------------------------------------
USA Sales, Inc., asks the U.S. Bankruptcy Court for the Central
District of California to employ Daren M. Schlecter, Esq., of the
Law Office of Daren M. Schlecter as general bankruptcy counsel.

Mr. Schlecter will:

      a. advise Applicant with respect to its powers and duties as

         a debtor-in-possession and the management of the property

         of the estate in this case and to assist the Debtor in
         performing the duties required of it as a debtor-in
         possession;

      b. negotiate, formulate, draft and confirm a plan of
         reorganization and to attend hearings before this Court
         in connection with any proposed disclosure statements
         and plans of reorganization, and, then and there, to
         conduct, if necessary, examinations of interested parties

         and to advise the Debtor in connection with any
         proposed plan of reorganization or any proposal made in
         connection with a plan of reorganization;

      c. examine all claims filed in these proceedings in order to

         determine their nature, extent, validity and priority;

      d. advise and assist the Debtor in connection with the
         collection of assets, the sale of assets, or the
         refinancing of same in order to implement any plan of
         reorganization which might be confirmed in these
         proceedings;

      e. take actions as may be necessary to protect the
         properties of this estate from seizure or other
         proceedings, pending confirmation and consummation of the
         plan of reorganization in this case;

      f. advise Applicant with respect to the rejection or
         confirmation of executory contracts;

      g. advise and assist the Debtor in fulfilling its
         obligations as fiduciaries of the Chapter 11 estate;

      h. prepare all necessary pleadings pertaining to matters of
         bankruptcy law before the Court;

      i. prepare applications and reports as are necessary and for

         which the services of an attorney are required including
         responding to the compliance requirements of the U.S.
         Trustee;

      j. render other legal services for the Debtor for which the
         services of a bankruptcy attorney may be necessary during

         the pendency of this case including any necessary
         litigation;

      k. provide legal services required to assist the Debtor in
         fulfilling its duties under 11 U.S.C. Section 1106 and
         1107, including all contested matters but excluding tax
         and securities related services; and
      l. advise and work with Debtor's proposed financial advisor
         and investment banker, BSW & Associates, who is also
         filing a separate application to be employed by the
         estate, to aid in the rendering of services cited in that
         employment application.

Mr. Schlecter has received $60,000 as an initial retainer for fees
and costs for the instant Chapter 11 from the Debtor, $20,000 of it
earned on filing and $1,717 in filing fees paid, leaving $38,283
which is held in Mr. Schlecter's Client Trust Account.

Mr. Schlecter and his law firm will be paid at these hourly rates:

         Daren M. Schlecter, Esq.         $350
         Rachel S. Milman, Esq.           $275
         Jonathan Yoel, Esq.              $150
         Legal Assistant                   $75

Mr. Schlecter assures the Court that he and his law firm are
disinterested persons within the meaning of Sections 101 (14) and
327 of the U.S. Bankruptcy Code and Bankruptcy Rule 5002.

USA Sales, Inc., dba Statewide Distributors, Inc., filed for
Chapter 11 bankruptcy protection (Bankr. C.D. Calif. Case No.
16-14576) on May 20, 2016, estimating its assets and liabilities at
between $1 million and $10 million.  The petition was signed by
Claudia Ali, surviving spouse of Kabiruddin Karim Ali and 100
percent beneficiary.

Judge Mark S. Wallace presides over the case.

Daren M Schlecter, Esq., at the Law Office of Daren M. Schletcter,
APC, serves as the Debtor's bankruptcy counsel.


USA SALES: Taps BSW & Associates as Investment Banker
-----------------------------------------------------
USA Sales, Inc., asks the U.S. Bankruptcy Court for the Central
District of California to employ BSW & Associates as financial
advisor and sole investment banker, effective as of the Petition
Date.

The Firm will:

      -- analyze the current cost structure and recommend
         reductions, if any;

      -- prepare near-term cash flow projections;

      -- review monthly operating reports, provide training and
         assistance, as necessary;

      -- assist with preparation of certain bankruptcy schedules
         and the Statement of Financial Affairs;

      -- prepare an information memorandum for distribution to
         prospective bidders;

      -- develop a list of prospective bidders for the USAS's
         assets;

      -- assist the USAS's regarding the marketing of the its
         assets;

      -- assist bidders to perform diligence investigations with
         respect to USAS's assets, including assisting with
         respect to the development and management of a data room;

      -- attempt to obtain overbids for the USAS's assets and
         engaging in negotiations with bidders to maximize
         proceeds from the sale of the its assets; and

      -- assist the USAS in its efforts to obtain from the Court
         approval of a sale of the Debtor's assets, and assist
         with respect to the closing of a transaction.

The Firm received an initial retainer of $25,000 in connection with
this case.  As of the petition date, $21,054.50 of this retainer is
unused.

The Firm will be paid at these hourly rates:

         Brian Weiss, Principal          $395
         Chad Kurtz, Director            $305
         Patrick Lacy, Director          $295
         Other Staff & Professionals   $195–$650

The Firm will be paid a success fee on these distinct scenarios:

      a. Book Fee: upon completion of an Offering Memorandum to be
         distributed for the purpose of marketing and selling of  
         USAS's assets BSWA will have earned a Book Fee of
         $15,000;

      b. Section 363 Asset Sale: should the investment banking
         efforts of BSWA result in a sale of assets via Section
         363 of the U.S. Bankruptcy Code, then BSWA will be paid
         10% of the total sale proceeds of USAS's assets.  Success

         fee is due and payable upon close of the sale
         transaction.  The Debtor will seek approval of these fees

         under Section 328;

      c. Debt Financing: upon entry by the Bankruptcy Court of an
         order approving the DIP, BSW will invoice Debtor for an
         amount equal to 10% of the DIP principal amount.  This
         Success Fee will be due and payable upon entry of an
         order by the Court approving the DIP.

Brian Weiss, founder and Principal of the Firm, assures the Court
that the Firm does not hold or represent any interest adverse to
the Debtor's estate and is a disinterested person as that phrase is
defined in Bankruptcy Code Section 101(14).

         BSW & ASSOCIATES
         Brian Weiss
         20321 Birch Street, Suite 200
         Newport Beach, CA 92660
         Tel: (949) 933-7011
         E-mail: bweiss@bswassociates.com

USA Sales, Inc., dba Statewide Distributors, Inc., filed for
Chapter 11 bankruptcy protection (Bankr. C.D. Calif. Case No.
16-14576) on May 20, 2016, estimating its assets and liabilities at
between $1 million and $10 million.  The petition was signed by
Claudia Ali, surviving spouse of Kabiruddin Karim Ali and 100
percent beneficiary.

Judge Mark S. Wallace presides over the case.

Daren M Schlecter, Esq., at the Law Office of Daren M. Schletcter,
APC, serves as the Debtor's bankruptcy counsel.


VALEANT PHARMACEUTICALS: Bank Debt Trades at 3% Off
---------------------------------------------------
Participations in a syndicated loan under which Valeant
Pharmaceuticals is a borrower traded in the secondary market at
97.20 cents-on-the-dollar during the week ended Friday, May 20,
2016, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 0.17 percentage points
from the previous week.  Valeant Pharmaceuticals pays 400 basis
points above LIBOR to borrow under the $0.99 billion facility. The
bank loan matures on Dec. 11, 2019 and carries Moody's Ba2 rating
and Standard & Poor's BB- rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended May 20.



VALENCE TECHNOLOGY: 5th Cir. Affirms Fee Awards to KPMG and Roth
----------------------------------------------------------------
In the consolidated cases captioned In the Matter Of: VALENCE
TECHNOLOGY, INCORPORATED, Debtor. VALENCE TECHNOLOGY, INCORPORATED,
Appellant, v. KPMG CORPORATE FINANCE, L.L.C., Appellee. In the
Matter Of: VALENCE TECHNOLOGY, INCORPORATED, Debtor. VALENCE
TECHNOLOGY, INCORPORATED, Appellant, v. ROTH CAPITAL PARTNERS,
L.L.C., Appellee, No. 15-50381, Consolidated with Case No. 15-50384
(5th Cir.), the United States Court of Appeals, Fifth Circuit
affirmed the bankruptcy court's determination of the fee awards
owed by the debtor-appellant Valence Technology, Inc. (Valence) to
appellees KPMG Corporate Finance, LLC (KPMG) and Roth Capital
Partners, LLC (Roth).

While in bankruptcy, debtor Valence sought to retain KPMG and Roth
to arrange for a potential private placement of Valence's equity.
The bankruptcy court subsequently approved Valence's employment of
KPMG and Roth pursuant to Valence's engagement agreement with each
appellee.

Section 3 of the engagement agreements detailed the parties' fee
arrangement.  Under this section, Valence "agree[d] to pay," an
"Engagement Fee," a "Retainer Fee," and a "Success Fee."

The sole issue on appeal is the amount of the Success Fee Valence
owes based on one of the identified parties, Berg & Berg, agreeing
to convert $50 million of its prepetition debt to equity in a
reorganized Valence.  The bankruptcy court awarded KPMG and Roth
each $595,000, which amounted to 1.25% of the $50 million
debt-to-equity conversion less the $30,000 engagement and retainer
fees that Valence had already paid. The district court affirmed the
fee awards, and Valence appealed.

A full-text copy of the Ninth Circuit's May 4, 2016 opinion is
available at https://is.gd/sf04Eu from Leagle.com.

                    About Valence Technology

Valence Technology, Inc., filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 12-11580) on July 12, 2012, in its home-town in
Austin.  Founded in 1989, Valence develops lithium iron magnesium
phosphate rechargeable batteries.  Its products are used in hybrid
and electric vehicles, as well as hybrid boats and Segway personal
transporters.

The Debtor disclosed debt of $82.6 million and assets of
$31.5 million as of March 31, 2012.  The Debtor disclosed
$24,858,325 in assets and $78,520,831 in liabilities as of the
Chapter 11 filing.  Chairman Carl E. Berg and related entities own
44.4 percent of the shares.  ClearBridge Advisors LLC owns 5.5
percent.

Judge Craig A. Gargotta presides over the case.  The Company is
being advised by Sabrina L. Streusand at Streusand, Landon &
Ozburn, LLP with respect to bankruptcy matters.  The petition was
signed by Robert Kanode, CEO.

On Aug. 8, 2012, the U.S. Trustee for Region 7 appointed five
creditors to serve on the Official Committee of Unsecured
Creditors of the Debtor.  Brinkman Portillo Ronk, PC, serves as
its counsel.

In November 2013, Valence Technology won approval of a
reorganization plan that hands ownership of the Company to secured
lender Berg & Berg Enterprises LLC.  The plan, originally filed in
August, has Berg taking the new stock in exchange for $50 million
of the $69.1 million it's owed.  The bankruptcy plan was approved
at a Nov. 13 confirmation hearing.

The other $19.1 million owing to Berg would become a new loan not
paid until after other creditors.  Unsecured creditors are to be
paid in full on their $5.2 million in claims, with half on
emergence from bankruptcy and the remaining half one year later.



VARIANT HOLDING: U.S. Trustee Objects to Amended Liquidating Plan
-----------------------------------------------------------------
Acting U.S. Trustee Andrew R. Vara objects to the confirmation of
the First Amended Plan of Liquidation of Variant Holding Company,
LLC.

The Plan's exculpation provision does not comply with the
applicable case, as it exculpates the Beach Point Parties, who are
not estate fiduciaries in these cases.  The only parties eligible
for exculpation in these cases are the Debtors, the Independent
Managers, The Debtor Retained Professionals, the DSI Parties to the
extent set forth in the Plan, and their respective attorneys,
financial advisors and other professionals.  The Beach Point
Parties and their attorneys, financial advisors and other
professionals are not estate fiduciaries and should not be
exculpated.

The Non-Fiduciaries need not be included in the list of Exculpated
Parties in order to be sheltered in the safe harbor of Section
1125(e).  Provided that a factual record supporting such a finding
is established, the Court may include a finding in its order
confirming the Plan that the Non-Fiduciaries have participated in
good faith and in compliance with the Bankruptcy Code and
applicable non-bankruptcy law and regulations governing the
solicitation of acceptance or rejection of the Plan.  The
Non-Fiduciaries are entitled to no further exculpation.

The Acting U.S. Trustee is represented by:

         Mark S. Kenney, Esq.
         Office of the United States Trustee
         J. Caleb Boggs Federal Building
         844 King Street, Suite 2207, Lockbox 35
         Wilmington, DE 19801
         Tel: (302) 573-6491
         Fax: (302) 573-6497
         E-mail: mark.kenney@usdoj.gov

Tucson, Arizona-based Variant Holding Company, LLC, and its direct
and indirect subsidiaries are a commercial real estate business
with direct and indirect ownership interests in 23 real property
interests in various states.

Variant Holding commenced bankruptcy proceedings under Chapter 11
of the U.S. Bankruptcy Code in Delaware (Case No. 14-12021) on Aug.
28, 2014.  Variant Holding estimated $100 million to $500 million
in assets and less than $100 million in debt.

Members holding the majority of the interests in the company,
namely Conix WH Holdings, LLC, Conix Inc., Numeric Holding Company,
LLC, Walkers Dream Trust, and Variant Royalty Group, LP, signed the
resolution authorizing the bankruptcy filing.

Variant's subsidiaries filed voluntary Chapter 11 petitions on Jan.
12, 2016.  Variant's property-owning subsidiaries, which own 23
apartment complexes, and which are debtors are: (1) Broadmoor
Apartments, LLC, Chesapeake Apartments, LLC, Holly Ridge
Apartments, LLC, Holly Tree Apartments, LLC, Preston Valley
Apartments, LLC, Ravenwood Hills Apartments, LLC, River Road
Terrace Apartments, LLC, and Sandridge Apartments, LLC
(collectively, the "FX3 Portfolio Debtors"); (2) 10400 Sandpiper
Apartments, LLC, 10301 Vista Apartments, LLC, Pines of Westbury,
Ltd., 201 Ashton Oaks Apartments, LLC, 13875 Cranbook Forest
Apartments, LLC, 5900 Crystal Springs Apartments, LLC, 7107 Las
Palmas Apartments, LLC, 11911 Park Texas Apartments, LLC, 1201 Oaks
of Brittany Apartments LLC, 3504 Mesa Ridge Apartments, LLC, 667
Maxey Village Apartments, LLC, 17103 Pine Forest Apartments, LLC,
7600 Royal Oaks Apartments, LLC, and 4101 Pointe Apartments, LLC
(collectively, the "H14 Portfolio Debtors"); and (3) The Oaks of
Stonecrest Apartments, LLC ("Oaks at Stonecrest")(the FX3 Portfolio
Debtors, the H14 Portfolio Debtors and Oaks at Stonecrest are
collectively referred as the "Property-Owning Debtors").

The FX3 Portfolio Debtors own 8 apartment projects in Texas,
Maryland, Virginia, and South Carolina, which properties total
1,850 housing units.  The H14 Portfolio Debtors own 14 apartment
projects in Texas, which consist of a total of 5,050 housing units.
Oaks at Stonecrest owns a single apartment project in Lithonia,
Georgia, which has 280 housing units.

The Debtors have tapped Pachulski Stang Ziehl & Jones LLP, as
counsel and UpShot Services LLC as claims and noticing agent.


VCVH HOLDING: Moody's Assigns B3 CFR, Outlook Stable
----------------------------------------------------
Moody's Investors Service assigned VCVH Holding Corp. (dba "Verisk
Health") a B3 Corporate Family Rating, a B3-PD Probability of
Default Rating, a B1 facility rating to the company's $340 million
first-lien revolving credit and term loan facilities, and a Caa1
facility rating to its $115 million second-lien term loan. Proceeds
of $415 million from the term loans, a $365 million common equity
investment from private equity firm Veritas Capital Fund
Management, and a $100 million PIK note held by the seller, will be
used to effect Veritas's $820 million acquisition of Verisk Health
from Verisk Analytics, Inc., to pay transaction fees and expenses,
and for $20 million of balance sheet cash.  The outlook is stable.

Moody's assigned these ratings to VCVH Holding Corp.:

  Corporate Family Rating, Assigned at B3
  Probability of Default Rating, Assigned at B3-PD
  $40 Million Senior Secured First-Lien Revolver due 2021,
   Assigned at B1 (LGD2)
  $300 Million Senior Secured First-Lien Term Loan B due 2023,
   Assigned at B1 (LGD2)
  $115 Million Senior Secured Second-Lien Term Loan B due 2024,
   Assigned at Caa1 (LGD5)
  Outlook Rating, Assigned at Stable

                          RATINGS RATIONALE

The B3 CFR reflects high, roughly 6.6 times opening debt-to-EBITDA
leverage (on a Moody's-adjusted basis, which includes a $38 million
adjustment for capitalized leases as well as $100 million of
holding-company PIK debt) that Moody's expects will remain
elevated, given modest top-line or profitability growth, minimal
debt amortization, and private-equity ownership.  In its four
operating segments -- Revenue, Payment, Population, and Quality
Solutions -- Verisk Health commands no dominant market share and
faces formidable competition and moderate barriers to entry.  While
EBITDA margins, in the mid- to high-20% ranges, are good for a
services company, the gathering, standardization, coding, and
analysis of medical records the company performs on behalf of
healthcare insurers and providers are labor-intensive services that
appear to afford little in terms of technology-driven efficiencies
or economies of scale.  As a result Moody's envisions only modest
improvement in profitability.  Moody's views Verisk Health's
liquidity as good, and expects the company to generate steady
levels of free cash flow, representing low- to mid-single-digit
percentages of debt, good for the ratings category.  Verisk
Health's small, roughly $300 million net-revenue scale and
concentration among its healthcare insurance and provider customers
(who, it should be noted, are highly repeating) pressure the credit
rating somewhat, because of vulnerability to volume losses and
pricing pressures.

Demographic trends and the dynamic, increasingly complex U.S.
healthcare system support continued robust demand for Verisk
Health's services.  An aging and increasingly ailing population
will drive expansion of Medicare- and Medicaid-eligible (or "CMS")
patients; the Affordable Care Act has shifted many uninsured
patients to insured status and has introduced new and at times
byzantine standards of compliance and quality; and the
proliferation of waste and abuse within the system has driven an
"unsustainable" growth in healthcare costs that payors want to
manage lower.  However, because of its expanded role, CMS -- from
which Verisk Health assists its private insurer customers in
securing additional payments to support their base of beneficiaries
-- will generate a disproportionately larger percentage of
healthcare provider revenue, but also increasingly less profitable
revenues, as CMS itself seeks to cut back on reimbursements in an
effort to curb costs.  Given the risks that governmental
legislative fiat poses to Verisk Health's CMS-dependent segment,
Revenue Solutions (which is also its largest, providing nearly half
the company's revenues), Moody's believes growth in revenues and
profitability in this business could prove elusive.

The stable rating outlook reflects Moody's expectation that, while
leverage will remain in the high-6.0 times range, continued strong
demand for Verisk Health's healthcare-cost-containment services
will enable the company to generate low, single-digit-percentage
revenue gains and stable margins.

The ratings could be upgraded if Verisk Health is able to
profitably deliver mid- to upper-single-digit-percentage revenue
gains such that debt-to-EBITDA is sustained below 5.5 times and
liquidity remains good.

A ratings downgrade could result if Verisk Health experiences
significant volume declines or customer losses, free cash flow is
weak, or liquidity deteriorates.

With Moody's-expected 2016 net revenues of approximately $300
million, Verisk Health provides data-analytics services to
healthcare insurance payors, healthcare providers, and employers
that enable those customers to drive financial performance and
manage regulatory compliance.  Verisk Health is expected to be
bought, in mid-2016, from parent company Verisk Analytics by
private equity sponsor Veritas Capital Fund Management.

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


VERSO CORP: Wants Exclusive Plan Filing Period Extended to Aug. 5
-----------------------------------------------------------------
Verso Corporation, et al., ask the U.S. Bankruptcy Court for the
District of Delaware to extend the period by which they have
exclusive right to file a Chapter 11 plan by 72 days through and
including Aug. 5, 2016, and solicit votes thereon by 72 days
through and including Oct. 4, 2016.

A hearing on the request is set for June 20, 2016, at 3:00 p.m.
(EDT).  Objections to the request must be filed by June 6, 2016, at
4:00 p.m. (EDT).

The Debtors hope that the extensions requested will ultimately be
unnecessary.  The Debtors believe that their Third Amended Joint
Plan of Reorganization Under Chapter 11 of the Bankruptcy Code
should be, and will be, confirmed at the confirmation hearing
scheduled for June 23, 2016.  Nevertheless, the Debtors file this
motion out of an abundance of caution to ensure that, in the event
that the Plan is not confirmed, the Debtors retain control of their
reorganization.

After four months in Chapter 11, the Debtors are on the verge of
confirming the Plan, which enjoys support from the Unsecured
Creditors' Committee and all of the Debtors' major creditor
constituencies.  The process by which the Debtors built this
broad-based consensus around the Plan, which involved extensive
prepetition and postpetition negotiations with their largest
secured creditors and (following its appointment) the Creditors'
Committee, demonstrates that the Debtors are capable and
responsible leaders of their reorganization.  Thus, in the unlikely
event that the Plan is not confirmed, the Debtors believe it is in
the best interests of their estates and creditors for the Debtors
to retain the exclusive right to file and solicit acceptances of a
Chapter 11 plan.

On May 9, 2016, the Court approved the Disclosure Statement and the
Debtors completed the Plan solicitation mailing on May 16, 2016.
The Debtors are scheduled to commence the hearing on confirmation
of the Plan on June 23, 2016, and expect to proceed on a largely
consensual basis—with the vast majority of the holders of the
Debtors' prepetition funded debt obligations and the Creditors'
Committee supporting the Plan.

These Chapter 11 cases involve Debtor entities with more than $2.8
billion in debt, in two separate capital structures and operations
throughout the U.S.  The Debtors have approximately 5,200
employees, seven operating production facilities, and complex
intercompany relationships.  The Debtors also have a significant
number of secured creditors, unsecured creditors, and contract
counterparties that have ongoing relationships with the Debtors.
Indeed, over 3,500 proofs of claim have been filed in the Debtors'
cases.  There is thus no question that the size and complexity of
these Chapter 11 cases weigh in favor of extending the Exclusivity
Periods.

                    About Verso Corporation

Verso Corporation claims to be the leading North American producer
of coated papers, which are used primarily in magazines, catalogs,
high-end advertising brochures and annual reports, among other
media and marketing publications.  It employs approximately 5,200
personnel.

Verso Corporation and 26 of its affiliates, including
NewPage Corporation, filed Chapter 11 bankruptcy petitions
(Bankr. D. Del. Case Nos. 16-10163 to 16-10189, respectively) on
Jan. 26, 2016. The petitions were signed by David Paterson, the
president and CEO.

The Debtors disclosed total assets of $2.9 billion and total debts
of $3.87 million.

The Debtors have engaged O'Melveny & Myers LLP as general counsel,
Paul, Weiss, Rifkind, Wharton & Garrison LLP as corporate counsel,
Richards, Layton & Finger, P.A. as Delaware counsel, PJT Partners
L.P. as investment banker, Alvarez & Marsal North America, LLC as
financial advisor and Prime Clerk LLC as claims and noticing
agent.

The U.S. Trustee for Region 3 has appointed seven creditors of
Verso Corp. and its affiliates to serve on the official committee
of unsecured creditors.


VISION SOLUTIONS: S&P Puts 'B-' CCR on CreditWatch Developing
-------------------------------------------------------------
S&P Global Ratings placed its 'B-' corporate credit rating on
Irvine, Calif.-based Vision Solutions Inc. on CreditWatch with
developing implications.

S&P also placed all issue-level ratings on CreditWatch with
developing implications.  The recovery ratings on these issues are
unchanged.

"The CreditWatch placement follows the announcement that Clearlake
Capital has agreed to acquire Vision Solutions from Thoma Bravo,"
said S&P Global Ratings credit analyst Tuan Duong.

The terms of the transaction have not been disclosed.  S&P believes
that if the company's transaction and related refinancing were
completed, its near-term refinancing risk related to its upcoming
debt maturities would be removed, and liquidity over the next 12
months would be restored.  If these events were not completed S&P
could lower its rating because of the continuing high refinancing
risk.

S&P's corporate credit rating on Vision Solutions reflects its
leverage of about 4.6x as of Jan. 31, 2016, high refinancing risk
related to upcoming debt maturities in 2017, less-than-adequate
liquidity, limited scale, and greater revenue volatility resulting
from IBM Power Systems server refresh cycles, and reduced physical
backup and restore because of virtualization.  These factors are
offset by the company's long-term customer base, and significant
recurring maintenance revenue stream.

The CreditWatch action reflects S&P's view that it could either
raise or lower the ratings within 90 days as a result of a specific
event.  S&P could raise the rating if the transactions and related
refinancing were completed, which S&P believes would remove its
near-term refinancing risk, and tight covenant headroom.  However,
if these transactions were not completed, S&P could lower its
rating because of the continuing high refinancing risk in 2017.
S&P expects to resolve the rating once the transaction closes.


VIVA INVESTMENTS: Wants Aug. 22 Exclusive Plan Filing Deadline
--------------------------------------------------------------
Viva Investments Limited Liability Company asks the U.S. Bankruptcy
Court for the Southern District of Florida to extend the period by
which it has exclusive right to file a plan of reorganization by 90
days, through and including Aug. 22, 2016, and the period by which
it has exclusive right to solicit acceptances of a plan by 90 days,
through and including Oct. 24, 2016.

The Debtor is currently in negotiations with secured creditors, and
said negotiations will have a material effect on the creditors'
plan treatment; therefore, the Debtor requires additional time to
file a plan.  In addition, the Debtor still has two outstanding
issues with regard to the Mil Run Court properties on which
SunTrust holds liens, and needs to resolve these issues before a
complete disclosure statement can be filed.

Palm Beach Gardens, Florida-based VIVA Investments Limited
Liability Company filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-11753) on Jan. 29, 2015, listing
$1.19 million in total assets and $1.95 million in total
liabilities.  The petition was signed by Sriram Srinivasan,
manager.

Judge Paul G. Hyman, Jr., presides over the case.

Aaron A Wernick, Esq., at Furr & Cohen serves as the Debtor's
bankruptcy counsel.


VIVARO CORP: Marcatel Loses Default Judgment Bid vs. Angel Americas
-------------------------------------------------------------------
Judge O. Peter Sherwood of theSupreme Court, New York County denied
in its entirety plaintiff's unopposed motion for an order pursuant
to CPLR 3215 directing entry of default judgment based on
defendants' failure to retain new counsel and appear in the action
styled MARCATEL TELECOMMUNICATIONS, LLC, Plaintiff, v. ANGEL
AMERICAS, LLC f/k/a NEXT ANGEL LLC, ANGEL TELECOM (USA) INC., ANGEL
TELECOM HOLDING AG, and ANGEL TELECOM AG, Defendants, Docket No.
651873/2014, Mot. Seq. No. 003, 2016 NY Slip Op 30786(U).

Marcatel fails to satisfy CPLR 3215(f) with respect to its request
for declaratory judgments.

The Plaintiff, Marcatel Telecommunications, LLC, is a
telecommunications carrier which primarily serves Mexico and Latin
America. In or around January 2013, it alleges it entered into a
joint venture with certain of the defendants pursuant to which it
would own a minority interest in a pre-paid calling card company
and would also provide telecommunications services to the company.
Marcatel, however, alleges that it never received the
telecommunications traffic it had bargained for because the traffic
was wrongfully diverted to Angel Telecom AG. As a result, Marcatel
alleges it suffered $8,943,051 in lost profits.

Additionally, based on defendant's default, Marcatel seeks a
judicial declaration that: (i) Marcatel owns and continues to own
25% of the equity of Angel Americas, LLC; (ii) any actions taken or
written consents signed by the affirmative vote of any two managers
of the Board of Managers, including but not limited to the Written
Consent purporting to dilute Marcatel's interest, a redeemed to be
null and void; and (iii) any action taken or purported to be taken
regarding "Major Decisions" (as defined in the parties limit
liability company agreement) are deemed to be null and void unless
they were obtained with the express consent and approval of
Marcatel. Finally, Marcatel seeks an order, permitting Marcatel to
inspect the books and records of Angel Americas, LLC.

A full-text copy of the Decision and Order dated April 25, 2016 is
available at https://is.gd/jnjvzs from Leagle.com.

                    About Vivaro Corp.

Vivaro Corp., which specializes in the sale of international
calling cards in the U.S., filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 12-13810) on Sept. 5, 2012, together with six
other related companies, including Kare Distribution Inc.  The
Debtor is represented by Frederick E. Schmidt, Esq., at Hanh V.
Huynh, Esq., at Herrick, Feinstein LLP.  Garden City Group Inc. is
the claims and notice agent.

A five-member official committee of unsecured creditors has been
appointed in the case.  The Creditors Committee is represented by:

     George P. Angelich, Esq.
     George V. Utlik, Esq.
     ARENT FOX LLP
     1675 Broadway
     New York, NY 10019
     Tel: (212) 484-3900

The Debtors' CRO is represented by:

     Phil Gund, Esq.
     MAROTTA GUND BUDD & DZERA, LLC
     The Lincoln Building
     60 E. 42 Street, 50th Floor
     New York, NY 10165
     Tel: (212) 818-1555

By Order dated January 31, 2013, the Court approved the sale of
substantially all of the Debtors' assets to Next Angel, LLC, n/k/a
Angel Americas, LLC.  The sale closed on February 8, 2013 and
divested the Debtors' Estates of their prepetition businesses.


WATERFORD FUNDING: Show Cause Order Issued to Parties in "Miller"
-----------------------------------------------------------------
In the case captioned In re: WATERFORD FUNDING, LLC, et al.,
Debtors. GIL A. MILLER, Chapter 11 Trustee for WATERFORD FUNDING,
LLC, et al., Plaintiffs, v. JOHN STONE, Defendant, No. 2:15-mc-0137
WBS AC (E.D. Cal.), Judge Allison Claire of the United States
District Court for the Eastern District of California issued an
order for the parties to show cause, in writing, no later than May
11, 2016, why the defendant's tendered check should not be returned
to the plaintiff, and why the case should not be closed.

The case was brought to enforce a default judgment originally
entered by the Bankruptcy Court for the District of Utah.  After
the judgment debtor examination was scheduled for May 4, 2016, the
defendant John Stone -- the judgment debtor -- moved to stay the
proceedings.  The plaintiff Baker Recovery Services -- the judgment
creditor, who is the assignee of the Bankruptcy Trustee, Gil A.
Miller -- filed an Opposition to the motion to stay.  On April 26,
2016, Stone filed a Reply.  In his Reply, Stone stated:

"On April 25, 2016, John D. Stone sent a letter to the Court
tendering in escrow to the United States District Court for the
Eastern District of California the Judgment amount of $107,278.51.
See Exhibit B."

In fact, Stone personally -- that is, not through his counsel --
sent the check to the court, did not indicate that a copy of the
check was sent to plaintiff, and did not cite any statute, Federal
Rule of Civil Procedure or Local Rule, that would permit him to
deposit this check into the court's registry.

The next day, April 27, 2016, the plaintiff filed a Notice of
Withdrawal, which withdrew, without prejudice, its request for an
order compelling Stone to attend the judgment debtor examination.
The Notice of Withdrawal made no mention of the check sent to the
court by plaintiff, and did not recite any reason for the
withdrawal.

Aside from the Order to Show Cause, Judge Claire also ordered that
the judgment debtor examination scheduled for May 4, 2016 be
vacated.  The judge also denied Stone's Motion to Stay as moot.

A full-text copy of Judge Claire's April 30, 2016 opinion is
available at https://is.gd/UDlug1 from Leagle.com.

Gil A. Miller is represented by:

          Peggy Hunt, Esq.
          DORSEY & WHITNEY, LLP
          Kearns Building
          136 South Main Street, Suite 1000
          Salt Lake City, UT 84101-1685
          Tel: (801)933-7360
          Fax: (801)933-7373
          Email: hunt.peggy@dorsey.com

John Stone is represented by:

          Bruce J Boehm, Esq.
          MCKAY BURTON & THURMAN
          15 West South Temple, Suite 1000
          Salt Lake City, UT 84101
          Tel: (801)521-4135
          Fax: (801)521-4252
          Email: bboehm@mbt-law.com

Baker Recovery Services is represented by:

          Brett H. Ramsaur, Esq.
          SNELL AND WILMER L.L.P.
          Plaza Tower
          600 Anton Boulevard Suite 1400
          Costa Mesa, CA 92626-7689
          Tel: (714)427-7000
          Fax: (714)427-7799
          Email: bramsaur@swlaw.com  

                    About Waterford Funding

Based in Salt Lake City, Utah, Waterford Funding, LLC --
http://www.waterfordfunding.com/-- specialized in solving the   
short-term cash flow problems of new, early-stage and established
commercial enterprises through real-estate based loans.  Waterford
Funding and Waterford Loan Fund filed for Chapter 11 bankruptcy
(Bankr. D. Utah Case No. 09-22584 and 09-22583) on March 20, 2009.

James W. Anderson, Esq., at Miller Guymon, PC, served as the
Debtors' counsel.  Waterford Loan Fund's petition estimated
$1 million to $10 million in assets, and $50 million to
$100 million in debts.

Affiliates Waterford Services LLC, Waterford Candwich LLC,
Waterford Perdido LLC, and Investment Recovery, L.C., also sought
Chapter 11 protection.

On Jan. 5, 2010, the Court approved the resignation of Daniel A.
Scarlet as Chief Restructuring Officer and the appointment of Gil
A. Miller as the Chapter 11 Trustee.

In January 2011, the Bankruptcy Court granted the Chapter 11
Trustee's request for substantive consolidation as of March 20,
2009, of the Debtors' cases.

The Chapter 11 Trustee is represented by Peggy Hunt, Esq., Benjamin
J. Kotter, Esq., AND Paul J. Justensen, Esq., at Dorsey & Whitney
LLP, in Salt Lake City, Utah.



WGC INC: 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 WGC, Inc.

WGC, Inc., sought protection under Chapter 11 of the Bankruptcy
Code in the Western District of Pennsylvania (Erie) (Case No.
16-10347) on April 13, 2016. The petition was signed by Steven
Shingledecker, general manager.

The Debtor is represented by Brian C. Thompson, Esq., at Thompson
Law Group, P.C. The case is assigned to Judge Thomas P. Agresti.

The Debtor estimated assets of $0 to $50,000 and debts of $1
million to $10 million.


WISPER II: 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 Wisper II, LLC.

Wisper II, LLC, sought protection under Chapter 11 of the
Bankruptcy Code in the Western District of Tennessee (Jackson)
(Case No. 16-10594) on March 29, 2016. The petition was signed by
Thomas P. Farrell, general manager.

The Debtor is represented by Michael P. Coury, Esq., at Glankler
Brown PLLC. The case is assigned to Judge Jimmy L. Croom.

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


YELLOW CAB COOP: Wants Exclusive Plan Filing Extended to Aug. 21
----------------------------------------------------------------
Yellow Cab Cooperative, Inc., asks the U.S. Bankruptcy Court for
the Northern District of California to extend by 90 days the
exclusive periods within which to file and solicit acceptances of a
Chapter 11 plan, until Aug. 21, 2016, and Oct. 18, 2016,
respectively.

A hearing on the request is set for July 8, 2016, at 9:30 a.m.

The Debtor submits that there is cause for granting the extension
while the Debtor seeks to negotiate and formulate a Chapter 11 plan
with key constituents of the estate, including the Unsecured
Creditors' Committee.

This Chapter 11 case is relatively large and complex.  As reflected
in the Debtor's Bankruptcy Schedules, Monthly Operating Reports,
Proofs of Claims filed by creditors and other papers on file with
the Court: the Debtor has some 2,000 listed creditors, with
reported debts of close to $30 million, and myriad assets valued at
millions of dollars, including a vehicle fleet of hundreds of
taxicabs, as well as interests in affiliated companies.  

In addition to attending to its day-to-day obligations and
navigating its business in the purview of Chapter 11, the Debtor
and its attorneys have expended considerable time with respect to
numerous other matters in this case, including: various litigation
claims pending or threatened against the Debtor and related stay
relief issues; responding to extensive informal and formal
discovery requests from the Committee pursuant to Federal Rule of
Bankruptcy Procedure 2004; and issues respecting the Debtor's real
property leases.

Further, the Debtor has diligently worked to prepare the documents
required by a Chapter 11 debtor, including (initial and amended)
Bankruptcy Schedules and Statements, Monthly Operating Reports and
Reports Regarding Value, Operations and Profitability of Entities
in Which The Debtor Holds a Substantial or Controlling Interest, as
well as implementing accounting practices consistent with their
obligations as a debtor in possession.

                  About Yellow Cab Cooperative

Yellow Cab Cooperative, Inc. filed a Chapter 11 petition (Bankr.
N.D. Calif., Case No. 16-30063) on Jan. 22, 2016.  The petition
was signed by Pamela Martinez, president.

The Debtor has tapped Farella Braun and Martel LLP as its legal
counsel.  The case is assigned to Judge Dennis Montali.

The Debtor estimated assets of $1 million to $10 million, and debts
of $10 million to $50 million.


YORK RISK: Moody's Lowers CFR to Caa1, Outlook Stable
-----------------------------------------------------
Moody's Investors Service has downgraded the corporate family
rating of York Risk Services Holding Corp. to Caa1 from B3 based on
the company's decline in earnings and weakening credit metrics
since the time of its leveraged buyout in late 2014.  The rating
agency also downgraded York's probability of default rating to
Caa1-PD from B3-PD, its senior secured credit facility ratings to
B3 from B1, and its senior unsecured note rating to Caa3 from Caa2.
The rating outlook for York is stable.

                        RATINGS RATIONALE

The rating action reflects York's weak profitability, substantial
debt burden and limited interest coverage, said Moody's.  The
company's EBITDA margin has declined from the high teens to the low
teens (per Moody's calculations) over the past couple of years,
reflecting low organic growth and the challenge of integrating
management structures, functions and systems following a series of
acquisitions.  Organic growth was hurt by the loss of a significant
client contract in 2015.

Moody's estimates that York's debt-to-EBITDA ratio was in the range
of 9x-10x at year-end 2015 after giving effect to standard
accounting adjustments plus other adjustments for costs that the
rating agency views as non-recurring.  York's (EBITDA - capex)
interest coverage on this basis was about 1x, and its free cash
flow was close to zero.

York has announced certain management changes, as well as
restructuring and investment initiatives to reduce costs and
improve sales and operating effectiveness.  Moody's believes these
initiatives will lead to stronger credit metrics, but says the
timeline for such improvement is uncertain.  York has sufficient
liquidity to meet near-term obligations, with $29 million of cash
and equivalents on hand and over $40 million available under its
revolving credit facility as of March 31, 2016.  The company has
headroom under its financial leverage covenant, which incorporates
just the senior secured debt and not the unsecured notes.  The next
significant debt maturity is for the revolving credit facility in
October 2019.

York ranks among the top five third-party claims administrators in
the US, with expertise in claims management and managed care
services relating to workers' compensation, especially for public
entities.  The company has a diversified client base, good
geographic spread, and relatively high client switching costs which
support good customer retention.  York is focused on growing its
core business and cross-selling additional services to existing
clients.

Moody's cited the following factors that could lead to a rating
upgrade for York: (i) successful execution of management actions to
restore EBITDA margins, (ii) debt-to-EBITDA ratio below 7.5x, (iii)
(EBITDA - capex) coverage of interest exceeding 1.2x, and (iv)
free-cash-flow-to-debt ratio exceeding 2%.  Furthermore, the senior
secured credit facility ratings could be upgraded if secured
borrowings decline and become a smaller proportion of the capital
structure relative to senior unsecured notes.

These factors could lead to a rating downgrade: (i) debt-to-EBITDA
ratio above 9x on a sustained basis, (ii) (EBITDA - capex) coverage
of interest below 1x, or (iii) negative free cash flow.

Moody's has downgraded these ratings (and loss given default (LGD)
assessments, debt amounts as of March 31, 2016):

  Corporate family rating to Caa1 from B3;

  Probability of default rating to Caa1-PD from B3-PD;

  $100 million senior secured revolving credit facility ($56
   million drawn, maturing in October 2019) to B3 (LGD3) from
   B1 (LGD3);

  $590 million senior secured term loan (maturing in October 2021)

   to B3 (LGD3) from B1 (LGD3);

  $307 million senior unsecured notes (maturing in October 2022)
   to Caa3 (LGD5) from Caa2 (LGD5).

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Based in Parsippany, NJ, York provides claims services, specialized
loss adjusting, managed care, pool administration and loss control
to insurance carriers, public entities, self-insured parties,
insurance distributors and risk pools.  York generated total
revenues of $715 million in 2015.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

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