TCR_Public/160526.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, May 26, 2016, Vol. 20, No. 147

                            Headlines

1103 33RD STREET: Authorized to Sell Chapel Property
2013 COLONIAL: Case Summary & 11 Unsecured Creditors
2747 CAMELBACK: Hires Munsch Hardt as General Bankruptcy Counsel
3920 PARK AVENUE: Taps Zimmel Associates as Realtor
5 STAR INVESTMENT: Hires BGBC Partners as Accountant

99 CENTS ONLY: S&P Cuts CCR to CCC+ on Challenged Capital Structure
ACTIVECARE INC: Incurs $15.5 Million Net Loss in 2nd Quarter
ALBERTSONS COMPANIES: Moody's Rates New $1.5BB Term Loan Ba2
ALLIED FINANCIAL: Notifies Secured Creditor of Proposed Sale
ALPHA NATURAL: Can Terminate UMWA CBAs, Modify Retiree Benefits

ALPHA NATURAL: Hearing Today on Sale of PLR Assets to Vantage
ALPHA NATURAL: Sale Hearing for Core Assets Adjourned Sine Die
AMERICAN PARKING: Hires WRG Certified Public Accountants
AOG ENTERTAINMENT: Inks Restructuring Support Deal with Lenders
APRICUS BIOSCIENCES: Stockholders Elect 2 Directors

ARES CAPITAL: Moody's Affirms Ba1 CFR & Changes Outlook to Neg.
ARMADA WATER: Files for Chapter 11 Bankruptcy to Reorganize
ASHLEY I LLC: Hires Cedarview Projects as Environmental Manager
ASPECT SOFTWARE: Schedules $88.1M in Assets, $825.5M in Debt
ATLANTIC & PACIFIC: Hires PwC LLP as Tax Consultants

B & B REAL ESTATE: Taps Philip W. Stock as Bankruptcy Counsel
BACK9NETWORK INC: Seeks June 30 Extension of DIP Maturity Date
BASIC ENERGY: Stockholders Elect 3 Class III Directors
BEAR CREEK: Files List of Largest Unsecured Creditors
BILL BARRETT: Stockholders Elect Six Directors

BIOLIFE SOLUTIONS: Walter Villiger Reports 40.1% Stake as of May 19
BONANZA CREEK: Has Borrowing Base Deficiency of $88 Million
BRIDGEWERKS CONSTRUCTION: Hires Gary W. Short as Attorney
BUDD CO: Court Substantially Reduces Proskauer's Atty Fees
BULOVA TECHNOLOGIES: Incurs $1.37 Million Net Loss in 2nd Quarter

CAESARS ENTERTAINMENT: Stockholders Elect 3 Directors
CANCER GENETICS: Has Direct Offering of $5 Million Common Shares
CAPE COD COMMERCIAL: Taps Darmody Merlino as Accountant
CASPIAN SERVICES: Incurs $2.33 Million Net Loss in 2nd Quarter
CATHEDRAL PINES: Moody's Assigns Ba2 Rating on $4.95MM GO Bonds

CEETOP INC: Incurs $89,000 Net Loss in First Quarter
CEETOP INC: Unit Sells Interest in Softview for $1.2 Million
CELTIC CONCEPTS: Case Summary & 20 Largest Unsecured Creditors
CHAPARRAL ENERGY: Posts $138 Million Net Loss for March 31 Quarter
CHC GROUP: Akin Gump Represents Ad Hoc Noteholder Group

CHC GROUP: Hires PJT Partners as Financial Advisor
CHIEF POWER: S&P Lowers Rating on $351MM Sr. Sec. Facility to 'B+'
CHINA GINSENG: Incurs $620,000 Net Loss in Second Quarter
CHS/COMMUNITY HEALTH: Moody's Lowers CFR to B2, Outlook Stable
CINQUE TERRE: Subpoena Against Rothenberg Modified

CLAIRE'S STORES: Files Conflicts Minerals Report with SEC
COATES INTERNATIONAL: CEO Makes $100,000 Additional Investment
COMPASSIONATE CARE OF NJ: Hires Timothy Bluish as Accountant
COMPASSIONATE CARE OF NJ: Taps James J. Cerbone as Bankr. Counsel
D&E GENERAL: Case Summary & 14 Unsecured Creditors

DEETOWN ENTERTAINMENT: Hires Del Virginia as Counsel
DEI TRANSPORTATION: Court Strikes Plea to Extend Exclusive Periods
DENBURY RESOURCES: S&P Raises CCR to 'CCC+', Outlook Negative
DENNIS MEYER DANZIK: Court Allows Sigma to Pursue NY Suit
DINSONS INC: U.S. Trustee Unable to Appoint Committee

DOLPHIN DIGITAL: Incurs $3.44 Million Net Loss in First Quarter
DRAFTDAY FANTASY: Signs $500,000 Loan Agreement with Sillerman
EASTERN CONTINENTAL: Court Closes Chapter 15 Proceeding
EASTMINSTER SCHOOL: Case Summary & 13 Unsecured Creditors
ECOSPHERE TECHNOLOGIES: Incurs $1.96-Mil. Net Loss in 1st Quarter

EFRON DORADO: PRAPI Asks Court to Deny Cash Use Bid
EMMAUS LIFE: Incurs $12.7 Million Net Loss in 2015
FAIRWAY GROUP: Nasdaq to Delist Common Stock Effective June 1
FINJAN HOLDINGS: Provides Update on Patents Challenges
FLOUR CITY BAGELS: Gets Final Approval to Use Cash Collateral

FOREST PARK REALTY: Needs Until Sept.18 to Decide on Hospital Lease
FRED FULLER OIL: Court OKs Withdrawal of Gannon as Counsel
GENON ENERGY: S&P Lowers CCR to 'CCC', Outlook Negative
GUIDED THERAPEUTICS: Reports Record First Quarter 2016 Results
HANCOCK FABRICS: Exclusive Plan Filing Deadline Moved to Aug. 30

HECK INDUSTRIES: U.S. Trustee Forms 3-Member Committee
HERC HOLDINGS: S&P Assigns 'B+' CCR, Outlook Stable
HILLCREST INC: Hires Pettyjohn as Co-counsel
HORSEHEAD HOLDING: Hires Suncorp as Valuator
HUNT OIL: S&P Lowers CCR to 'BB-' on Geopolitical Risks

ICAGEN INC: Grants Options Under 2015 Stock Incentive Plan
ICAGEN INC: Incurs $1.10 Million Net Loss in First Quarter
IMPLANT SCIENCES: Incurs $4.09 Million Net Loss in Third Quarter
INDRA HOLDINGS: S&P Affirms 'B-' CCR, Outlook Stable
INTERNATIONAL TECHNICAL: Wants Aug. 19 Plan Filing Deadline

INTERVENTION ENERGY: Hires Rust/Omni as Claims and Noticing Agent
IRON MOUNTAIN: S&P Assigns 'BB-' Rating on Proposed $500MM Notes
ITUS CORP: Incurs $1.27 Million Net Loss in Second Quarter
J & N ACQUISITIONS: Exclusive Plan Filing Period Ends on June 13
JAMES HALLIDAY LLC: U.S. Trustee Unable to Appoint Committee

JAMES HOFFMAN: Ocwen's Secured Claim Can't Be Modified, Court Rules
JOHN JOHNSON: Court Enforces Automatic Stay Against RFF
JUROMA PROPERTIES: Hires Scura Wigfield as Counsel
K.L.M. PLUMBING: U.S. Trustee Unable to Appoint Committee
KJZ SUNRISE: Hires Bush Ross as General Bankruptcy Counsel

KYLE PARKER: Court Affirms $1.7MM Valuation of Renters Parcel
LATTICE INC: Amends March 31 Quarterly Report
LEO MOTORS: Inks $10 Million Purchase Agreement with Investor
LIQUIDMETAL TECHNOLOGIES: Stockholders Elect Six Directors
MAHI LLC: Case Summary & 20 Largest Unsecured Creditors

MARINUS VAN PEENEN: Selling Property for $580,000
MARK NEIGHBORS: Court Denies Bid to Stay Ch. 7 Conversion Order
MATCH GROUP: S&P Assigns 'BB-' Rating on Proposed $400MM Notes
MCCLATCHY CO: Shareholders Elect 10 Directors
MEDIACOM COMMUNICATIONS: S&P Affirms B+ Rating on Sr. Unsec. Notes

MELVYN WEINTRAUB: Trustee Has Approval to Sell Stocks
MICHAEL JOSEPH KILROY: June 21 Hearing on Epps & Coulson's Fees
MPH ACQUISITION: Moody's Assigns B2 CFR; Outlook Stable
MT. GOX: Creditors Seek Trillions in Bankrupt Company
NEW YORK LIGHT: Exclusive Plan Filing Period Extended to May 27

NUO THERAPEUTICS: Deerfield Partner Named as Director
NUO THERAPEUTICS: Plan Declared Effective; 10-Q Report Delayed
OLIN VIRTUAL: Hires Langley as Counsel
OM HOSPITALITY: Case Summary & 20 Largest Unsecured Creditors
OMINTO INC: Incurs $3 Million Net Loss in Second Quarter

PACIFIC SUNWEAR: Key Employee Incentive Plan Approved
PACIFIC SUNWEAR: UST Opposes Bid to Hire FTI as Fin'l Advisors
PARAGON OFFSHORE: Directors Re-elected; PwC Stays as Auditor
PARSLEY ENERGY: S&P Affirms 'B' CCR & Revises Outlook to Positive
PAUL CHRISTENSEN: Court Dismisses Ch. 11 Case

PAUL GREMILLION: Gemino Can File Claim for HealthEdge, Court Rules
PLY GEM HOLDINGS: Stockholders Elect 3 Directors
PORTER BANCORP: Has Resale Prospectus of 3.4 Million Shares
POSITIVEID CORP: Closes $55,000 Note Purchase Agreement with Essex
PUERTO RICO: House Committee Approves Bill with Bipartisan Support

PVH CORP: S&P Affirms 'BB+' CCR, Outlook Remains Stable
QUANTUM FUEL: Judge Sets July 8 Deadline for Filing Claims
QUEST SOLUTION: Incurs $1.5 Million Net Loss in First Quarter
RD3J LTD: Wants Period for Plan Confirmation Extended By 60 Days
RESPONSE BIOMEDICAL: May Issue 496,262 Shares Under Plans

RICEBRAN TECHNOLOGIES: CEO's Employment Expires Nov. 30
RICEBRAN TECHNOLOGIES: LF-RB Mgt. Reports 9% Stake as of May 18
RIVERSIDE PLAZA: Court Set to Hear UCF's Bid to Lift Stay
RIVERSIDE PLAZA: Hires Linberger & Co. as Appraiser
ROSETTA GENOMICS: Reports 2016 First Quarter Financial Results

ROSLYN SEFARDIC: Wants Exclusive Plan Filing Extended to Sept. 21
RYCKMAN CREEK: Judge Appoints Richard Meth as Fee Examiner
S. HEMENWAY: Hires Frederick & Rosen as Accountants
SABINE OIL: $4.90 Billion in Claims Filed as of May 5
SABINE OIL: Posts $135 Million Net Loss for March 31 Quarter

SAMSON RESOURCES: Committee Wants Exclusive Periods Terminated
SH 130 CONCESSION: Files Schedules of Assets and Liabilities
SOUTHCROSS HOLDINGS: Asks Court to Close Chapter 11 Cases
SOUTHCROSS HOLDINGS: Schedules Filing Deadline Extended
SPECTRASCIENCE INC: Posts $2 Million Net Loss for March 31 Qtr

SPORTS AUTHORITY: Going-Out-of-Business Sales to Start May 26
SPORTS AUTHORITY: Hires Gordon Brothers as Appraiser
STONE ENERGY: Receives NYSE Notice of Non-Compliance
STONE ENERGY: Stockholders Re-Elect 10 Directors to Board
SUNEDISON INC: Exclude TerraForm Entities from DIP, DIF Says

SUNVALLEY SOLAR: Incurs $830,000 Net Loss in First Quarter
T&H PLASTICS: Taps Polnick Law Firm as Legal Counsel
TAKATA CORP: Will Restructure, Seek Cash Amid Air-Bag Recalls
TECK RESOURCES: Fitch Rates $1-Bil. New Notes 'BB-/RR3'
TECK RESOURCES: Moody's Assigns B1 Rating on US$1BB Sr. Notes

TECK RESOURCES: S&P Affirms 'B+' CCR, Outlook Negative
TRANS ENERGY: In Default Under Morgan Stanley Credit Agreement
TRANSGENOMIC INC: Incurs $3.28 Million Net Loss in First Quarter
TRAVIS Z KIRKLAND: Selling Dental Practice for $235,000
TRI POINTE: Moody's Assigns B1 Rating on Proposed $300MM Notes

TRIPLE C FLATBED: Case Summary & 20 Largest Unsecured Creditors
TWIN RINKS: Seeks Final Decree Closing Chapter 11 Case
ULTRA PETROLEUM: New Directors Elected; E&Y Okayed as Auditor
ULTRA PETROLEUM: NYSE to Delist Shares Effective May 31
ULTRA PETROLEUM: Warlander Owns 11% of Common Shares

VALEANT PHARMACEUTICALS: Brian Stolz Quits as SVP Neurology
VALEANT PHARMACEUTICALS: Gets Notice of Default from Bondholders
VANGUARD HEALTHCARE: Files List of Largest Unsecured Creditors
VANGUARD HEALTHCARE: U.S. Trustee Forms 7-Member Committee
VERITAS BERMUDA: S&P Assigns 'B' CCR, Outlook Stable

VISCOUNT SYSTEMS: Incurs C$142,000 Net Loss in First Quarter
W3 CO: Moody's Lowers CFR to Caa3, Outlook Remains Negative
WEST CORP: Stockholders Elect Three Directors to Board
WILSON AVE: Wants 90-Day Extension of Exclusive Plan Filing Period
WINDSOR FINANCIAL: Case Converted to Chapter 7 Liquidation

ZEKELMAN INDUSTRIES: Moody's Affirms B3 CFR, Outlook Positive
ZEKELMAN INDUSTRIES: S&P Raises CCR to 'B+', Outlook Stable
ZOHAR CDO 2003: Fund Manager Turns Up Pressure on Creator
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

1103 33RD STREET: Authorized to Sell Chapel Property
----------------------------------------------------
Judge Christopher M. Alston on May 23, 2016, signed an agreed order
authorizing debtor 1103 33rd Street LLC to sell certain real
property commonly known as 1105 33rd St. Galveston, TX 77550 (the
"Chapel Property").  The Chapel Property is one of two parcels of
land owned by the Debtor, which Debtor is attempting to liquidate
through this Chapter 11 proceeding.  Moody Bank holds a first
position deed to trust against the Chapel Property, as well as the
adjacent bed and breakfast located at 1103 33rd Street, Galveston,
TX 77550 (the "B & B").  There are no other liens against the
Chapel Property and the proposed sale will generate sufficient
funds to pay the Moody note which is secured by the Chapel Property
in full.

According to the Order, the sale proceeds will be used to (1) pay
all reasonable closing costs, including but not limited to: (a) the
broker fee; (b) any assessments that may be charged to Seller in
order to vest title to Buyer pursuant to the terms of the Purchase
and Sale Agreement and (c) the United States Trustee's fee in the
amount of $1,625; (2) satisfy the first position deed of trust held
by Moody Bank against the Chapel Property; and (3) apply any
balance of the proceeds to the Moody indebtedness against the B & B
property, pursuant to the Stipulation for Relief from Stay and
Related Relief, and Agreed Order Approving the same.  The amounts
disbursed to Moody Bank from the sale proceeds will be as agreed by
the parties to the referenced Stipulation, or as determined by the
Court, and will not be limited to the amounts listed as owing to
Moody Bank in Debtor's schedules.

1103 33rd Street LLC filed a Chapter 11 petition (Bankr. W.D. Wash.
Case No. 15-16523) on Nov. 2, 2015.  It estimated $500,000 to $1
million in assets and debt.

The Debtor's attorneys:

         SCHLEMLEIN GOETZ FICK & SCRUGGS, PLLC
         Charles A. Lyman, Esq.
         Richard G. Birinyi, Esq.
         66 S. Hanford Street, Suite 300
         Seattle, WA 98134
         Tel: (206) 448-8100
         Fax: (206) 448-8514
         E-mail: RGB@sgfslaw.com
                 CAL@sgfslaw.com


2013 COLONIAL: Case Summary & 11 Unsecured Creditors
----------------------------------------------------
Debtor: 2013 Colonial LLC
        P.O. Box 871
        Armonk, NY 10504

Case No.: 16-22715

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 24, 2016

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

Judge: Hon. Robert D. Drain

Debtor's Counsel: Theodore N. Zink, Jr., Esq.
                  MCCARTHY FINGAR LLP
                  11 Martine Avenue, 12th Floor
                  White Plains, NY 10606-1934
                  Tel: 914-385-1032
                  Fax: 914-946-0134
                  E-mail: tzink@mccarthyfingar.com

Estimated Assets: $1 million to $10 million

Total Liabilities: $1 million to $10 million

The petition was signed by Michael Gianatasio, managing member.

A list of the Debtor's 11 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nysb16-22715.pdf


2747 CAMELBACK: Hires Munsch Hardt as General Bankruptcy Counsel
----------------------------------------------------------------
2747 Camelback, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Texas to employ Munsch Hardt Kopf & Harr,
P.C., as general bankruptcy counsel.

A hearing on the request is set for June 16, 2016, at 9:00 a.m.

The Debtor has requested authority to retain Franklin Hayward LLP
as special litigation counsel regarding a conflict involving Munsch
Hardt, and has not otherwise requested authority to retain any
other attorneys in this case.  Nevertheless, the Debtor reserves
the right to request authority to retain other counsel if and when
the need may arise given the developments in the bankruptcy case.

Munsch Hardt will:

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

      b. assist the Debtor in carrying out its duties under the
         Bankruptcy Code, including advising the Debtor of duties,

         its obligations, and its legal rights;

      c. consult with the U.S. Trustee, any statutory committee
         that may be formed, and all other creditors and parties-
         in-interest concerning administration of the bankruptcy
         case;

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

      e. prepare on behalf of the Debtor all motions,
         applications, answers, orders, reports, and other legal
         papers and documents to further the Estate’s interests
         and objectives, and to assist the Debtor in the
         preparation of schedules, statements, and reports, and to

         represent the Debtor and the estate at all related
         hearings and at all related meetings of creditors, U.S.
         Trustee interviews, and the like;

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

      g. assist the Debtor in analyzing and appropriately treating

         the claims of creditors;

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

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

The Firm will be paid at these hourly rates:

         Davor Rukavina, Shareholder          $425
         Thomas Berghman, Associate           $325
         Edward Clarkson, Associate           $320

On April 1, 2016, the Debtor provided Munsch Hardt with a retainer
in the amount of $100,000.  On May 4, 2016, Munsch Hardt drew on
the retainer in the amount of $33,599.87, leaving a balance held in
retainer by Munsch Hardt as of the Petition Date of $66,400.13.

Thereafter, after the Petition Date, the Debtor requested that
Munsch Hardt transfer $5,000 of its retainer to Franklin Hayward
LLP, special litigation counsel to the Debtor regarding G & I VII
CB Road, LLC, on account of Munsch Hardt's conflict with that
estate defendant.  Munsch Hardt agreed and transferred said funds,
leaving a balance in retainer of $61,400.13, which funds Munsch
Hardt will continue to hold and not apply except as authorized by
the Court.

Davor Rukavina, Esq., a shareholder at the Firm, assures the Court
that the Firm (i) doesn't have any connection with the Debtor, its
creditors, or any other party-in-interest or their respective
attorneys and accountants; (ii) doesn't have any connection with
the U.S. Trustee or any person employed in the Office of the U.S.
Trustee; (iii) are "disinterested persons," as that term is defined
in Section 101(14) of the U.S. Bankruptcy Code; and (iv) does not
hold or represent any interest adverse to the Debtor's bankruptcy
estate.

2747 Camelback, LLC, based in Dallas, Texas, filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 16-31846) on May 4, 2016.  The
Hon. Harlin DeWayne Hale presides over the case.  Davor Rukavina,
Esq., at Munsch, Hardt, Kopf & Harr, P.C., serves as counsel to the
Debtor.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and debts.  The petition was signed by Scott Ellington,
authorized signatory.


3920 PARK AVENUE: Taps Zimmel Associates as Realtor
---------------------------------------------------
3920 Park Avenue Associates, L.P., seeks permission from the U.S.
Bankruptcy Court for the District of New Jersey to employ Zimmel
Associates as realtor.

The Debtor intends to sell its 60,000 square foot industrial
building located at 3920 Park Avenue, Edison, NJ 08820 or lease it
as part of its on-going business.

Zimmel will market the Property for sale or lease.  Zimmel will be
entitled to a commission of 5% of the sales price of the Property
or 5% of the total aggregate net rental for the lease of the
Property.

David Zimmel, president of Zimmel, assures the Court that the firm
doesn't hold nor represent an adverse interest to the estate, and
is disinterested under 11 U.S.C. Section 101(14).

The Firm can be reached at:

      David Zimmel
      Zimmel Associates
      1090 King Georges Post Road, Suite 808
      Edison, NJ 08837
      Tel: (732) 661-9200
      Fax: (732) 661-9617
      E-mail: dzimmel@zimmel.com

Morristown, New Jersey-based 3920 Park Avenue Associates, L.P.,
filed for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
16-14923) on March 16, 2016, estimating its assets at between $1
million and $10 million and liabilities between $10 million and $50
million.  The petition was signed by Lawrence S. Berger, authorized
agent.

Judge Stacey L. Meisel presides over the case.

Morris S. Bauer, Esq., at Norris McLaughlin & Marcus, PA, serves as
the Debtor's bankruptcy counsel.


5 STAR INVESTMENT: Hires BGBC Partners as Accountant
----------------------------------------------------
Douglas R. Adelsperger, the Chapter 11 Trustee of 5 Star Investment
Group LLC, et al., ask the U.S. Bankruptcy Court for the Northern
District of Indiana for authorization to employ BGBC Partners, LLP,
as accountant, nunc pro tunc, as of March 14, 2016.

The Firm will:

      a. prepare the fiduciary federal and state tax returns for
         the estates;

      b. assist the Trustee with respect to his duties pursuant to
                   
         Section 1106(a) of the Bankruptcy Code;

      c. analysis of potential avoidance actions;

      d. analysis of insolvency;

      e. provide financial record reconstruction;

      f. calculation and administration of claims on investor-
         related matters;

      g. assist the Chapter 11 Trustee with recovery of assets;
         and

      h. provide assistance to the Chapter 11 Trustee as to any
         and all other accounting and forensic accounting needs of

         these estates.

The Firm will be paid at these hourly rates:

         Partner                   $310-$405
         Senior Manager            $220-$320
         Manager                   $185-$275
         Senior Accountant         $160-$210
         Staff                     $145-$190
         Paraprofessional           $90-$125

Howard I. Gross, a partner at the Firm, assures the Court that the
Firm doesn't doesn't hold or represent any interest adverse to the
bankruptcy estates in the matters for which the Firm is proposed to
be retained, and therefore, the Firm is a "disinterested person" as
that term is defined in 11 U.S.C. Section 101(14).

The Firm can be reached at:

         Howard I. Gross
         BGBC Partners, LLP
         300 N. Meridian Street, Suite 1100
         Indianapolis, IN 46204
         Tel: (317) 633-4700
         Fax: (317) 860-1065
         E-mail: howardg@bgbc.com

5 Star Investment Group, LLC, and its 10 affiliates sought
protection under Chapter 11 of the Bankruptcy Code on Jan. 25, 2016
(Bankr. N.D. Ind., Case No. 16-30078), estimating its assets at up
to $50,000 and its liabilities at between $1 million and $10
million.  The case is assigned to Judge Harry C. Dees, Jr.  The
Debtor's counsel is Katherine C. O'Malley, Esq., at Cozen O'Connor,
in Chicago, Illinois.  The petition was signed by Earl
Miller, authorized representative.


99 CENTS ONLY: S&P Cuts CCR to CCC+ on Challenged Capital Structure
-------------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on City of
Commerce, Calif.-based 99 Cents Only Stores to 'CCC+' from 'B-'.
The outlook is negative.

Concurrently, S&P lowered its issue-level ratings on the company's
term loan facility to 'CCC+' from 'B-'.  S&P revised the recovery
rating to '4', indicating its expectation for average recovery at
the lower half of the 30% to 50% range in the event of a payment
default, from '3'.

S&P also lowered the issue-level rating on the company's
$250 million senior notes to 'CCC-' from 'CCC'.  The recovery
rating remains '6' indicating S&P's expectations for negligible (0%
to 10%) recovery.

"The downgrade reflects our expectation that 99 Cents Only's weak
operating performance trends, which have caused liquidity to weaken
and credit protection measures to erode, will persist as it
continues to address executional issues that have led to lower
customer traffic amid increased competitive headwinds," said credit
analyst Declan Gargan.  "Given our expectations for operating
performance in the next year, we believe the company's capital
structure is unsustainable and we expect debt to EBITDA to remain
over 13.0x and funds from operations (FFO) to debt to remain at
depressed levels, less than 3.0%, in fiscal 2017."

The negative outlook on 99 Cents Only reflects S&P's view that
operating performance will remain challenged throughout 2016,
constraining free cash flow generation and pressuring liquidity.

S&P could lower the ratings if it envisions a specific default
scenario occurring over the next 12 months.  This could arise if
the company's liquidity deteriorated such that it increased
reliance on its revolver, leading to its fixed charge covenant
being triggered and S&P concluding that the company could no longer
service its interest obligations going forward.  S&P could also
lower the ratings if it believes a debt restructuring is likely.

An upgrade is unlikely over the next twelve months absent a
significant turnaround in the company's operating performance that
leads to an improvement in liquidity and credit metrics that return
the company's capital structure to sustainable levels.  S&P could
also raise the ratings if the company were to receive an equity
infusion from its sponsor.



ACTIVECARE INC: Incurs $15.5 Million Net Loss in 2nd Quarter
------------------------------------------------------------
ActiveCare, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of $15.5 million on $1.59
million of revenues for the three months ended March 31, 2016,
compared to a net loss attributable to common stockholders of $1.42
million on $1.55 million of revenues for the same period in 2015.

For the six months ended March 31, 2016, the Company reported a net
loss attributable to common stockholders of $18.22 million on $3.68
million of revenues compared to a net loss attributable to common
stockholders of $4.14 million on $3.06 million of revenues for the
six months ended March 31, 2015.

As of March 31, 2016, ActiveCare had $2.15 million in total assets,
$25.64 million in total liabilities and a total stockholders'
deficit of $23.48 million.

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

                       https://is.gd/IOSrwH

                          About ActiveCare

South West Valley City, Utah-based ActiveCare, Inc., is organized
into three business segments based primarily on the nature of the
Company's products.  The Stains and Reagents segment is engaged in
the business of manufacturing and marketing medical diagnostic
stains, solutions and related equipment to hospitals and medical
testing labs.  The CareServices segment is engaged in the business
of developing, distributing and marketing mobile health monitoring
and concierge services to distributors and customers.  The Chronic
Illness Monitoring segment is primarily engaged in the monitoring
of diabetic patients on a real time basis.

The Company's business plan is to develop and market products for
monitoring the health of and providing assistance to mobile and
homebound seniors and the chronically ill, including those who may
require a personal assistant to check on them during the day to
ensure their safety and well being.

ActiveCare reported a net loss attributable to common stockholders
of $12.8 million on $6.59 million of chronic illness monitoring
revenues for the year ended Sept. 30, 2015, compared with a net
loss attributable to common stockholders of $16.4 million on $6.10
million of chronic illness monitoring revenues for the year ended
Sept. 30, 2014.

Tanner LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2015, citing that the Company has recurring losses,
negative cash flows from operating activities, negative working
capital, negative total equity, and certain debt that is in
default.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


ALBERTSONS COMPANIES: Moody's Rates New $1.5BB Term Loan Ba2
------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Albertsons
Companies, LLC's new proposed $1.5 billion Term Loan and B3 rating
to the company's new proposed $1.25 billion senior unsecured notes.
Moody's also upgraded the rating of the company's existing senior
secured term loans maturing 2021 to Ba2 from Ba3 and downgraded the
Safeway, Inc. legacy notes to B3 from B2.  All other ratings
including the company's B1 Corporate Family Rating and B1-PD
Probability of Default rating are affirmed.  The rating outlook
remains stable.

The proceeds of the new Term Loan and the new notes will be used to
refinance the company's second lien notes maturing 2022 and the
senior secured term loans maturing in 2019.

All ratings are subject to the completion of the proposed
transaction and satisfactory review of documentation.

"Although the company has outperformed expectations, its credit
metrics remain weak with debt to EBITDA adjusted for leases and
pension liabilities at about 7.5 times at the end of fiscal 2015.
However, we expect momentum in same store sales growth and cost
efficiencies to continue to boost profitability resulting in
improved credit metrics with debt to EBITDA expected to be approach
6.0 times in the next 12-18 months", Moody's Vice President and
Senior Credit Officer Mickey Chadha stated. "Although the
integration of the Safeway acquisition still has execution and
integration risks, management continues to execute well and the
combined company is the second largest supermarket chain in the
U.S. with significant opportunities to create synergies and supply
chain efficiencies that could further enhance profitability and top
line growth", Chadha further added.

These ratings are assigned:

  Proposed new $1.5 billion senior secured term loan maturing 2023

   at Ba2 (LGD2)
  Proposed new $1.25 billion senior unsecured notes maturing 2024
   at B3 (LGD5)

These ratings are affirmed:

Albertsons Companies, LLC
  Corporate Family Rating at B1
  Probability of Default Rating at B1-PD

These ratings are affirmed and will be withdrawn upon closing:

Albertson's Holdings LLC
  Second lien notes maturing 2022 at B2 (LGD4)
  Senior secured term loans maturing 2019 at Ba3 (LGD2)

These ratings are upgraded and LGD assessment updated:

Albertson's Holdings LLC
  Senior secured term loans maturing 2021 at Ba2 (LGD2) from Ba3
   (LGD2)

These ratings are downgraded and LGD assessment updated:

  Safeway Inc. legacy notes maturing 2016, 2017, 2019, 2020, 2021,

   2027 and 2031 at B3 (LGD5) from B2 (LGD4)

                        RATINGS RATIONALE

The B1 Corporate Family Rating of Albertsons Companies, LLC
reflects the company's very good liquidity, its sizable scale and
its well established regional brands.  Safeway has a good store
base with over ninety percent of its stores converted to the
Lifestyle format with modest capital expenditures required for
their maintenance.  The store base also consists of stores acquired
from Supervalu in 2013 with prolonged underperformance under
previous ownership.  The company also acquired 73 A&P stores and 35
Haggen stores in fiscal 2015 with 29 more Haggen stores to be
acquired in the first half of fiscal 2016.  Management has vast
experience in the food retailing space and has demonstrated its
ability to turnaround underperforming assets and the ratings
reflect Moody's expectation that operating performance of all
banners will continue to improve as price investments lead to
increased traffic and volume.  The initiatives undertaken by
management have already proven successful in stabilizing and
improving the operating performance of the company's stores.  In
2015 identical store sales grew 4.8% for the consolidated company
and identical store sales growth has been positive for the last 11
quarters.  Operating efficiencies and strategic initiatives to
minimize costs are also expected to reduce expenses and improve
cash flow generation and enhance profitability with the company
using excess free cash flow to pay down debt.  Realized synergies
for fiscal 2015 have exceeded expectations by about 30% and
proceeds of about $350 million expected from the sale of some
non-core assets are also expected to be used to reduce debt.
Integration and execution challenges related to the Safeway
acquisition, coupled with a high debt burden and risk associated
with ownership by a financial sponsor, remain major risks for the
company.

The proposed transaction will further simplify the company's
capital structure creating a first lien secured and unsecured
capital structure.  The upgrade of the existing senior secured term
loans to Ba2 and the Ba2 rating of the new term loan is the result
of the larger amount of junior capital in the capital structure as
the refinancing of the company's $610 million senior secured notes
maturing 2022 will also result in the removal of guarantees and
release of all collateral currently securing the Safeway legacy
notes.  The term loans also have very good collateral coverage as
assets securing the term loans include the company's real estate
portfolio with an appraised market value in excess of the
outstanding term loans.  The senior unsecured notes along with our
approximately $6.2 billion adjustment for Multi-employer pension
plan liabilities also provide a significant amount of junior
capital providing support to the senior secured credit facilities
in Moody's Loss Given Default model.

Currently the Safeway legacy notes maturing in 2016 ($80 million),
2017 ($100 million) and 2019 ($269 million) are guaranteed by ACL
and its subsidiaries that guarantee the 2022 notes and is secured
on a pari passu basis with the 2022 notes by all of the collateral
that secures the 2022 Notes .  The Safeway legacy notes maturing in
2020 ($137 million), 2021 ($130 million), 2027 ($150 million) and
2031 ($600 million) are not guaranteed and are currently secured on
a pari passu basis with the 2022 notes only to the extent of
certain of the collateral owned by Safeway and its subsidiaries.

The Safeway legacy notes are therefore downgraded to B3 from B2 as
they along with the $1,776 million unsecured New Albertsons Inc.
notes (unrated) will now be unsecured and non-guaranteed and
therefore the junior most debt in the pro forma capital structure.

Although the new senior unsecured notes will be guaranteed by all
wholly owned subsidiaries of ACL and therefore will be structurally
senior to the Safeway legacy notes their B3 rating is the same as
the Safeway legacy notes.  This reflects the significant amount of
senior capital ahead of these notes These notes are junior to the
$4 billion ABL (which had a borrowing base of about $3.7 billion at
Feb. 27, 2016,), about $6.5 billion in senior secured term loans
and a significant amount of senior priority trade payables in
Moody's Loss Given Default model.

The company's stable rating outlook incorporates Moody's
expectation that identical store sales will continue to be positive
and EBIT margins will continue to improve and the company's credit
metrics will improve through increased EBITDA generation and debt
prepayments.

Ratings could be upgraded if debt/EBITDA approaches 5.0 times,
EBIT/interest is sustained above 1.75 times, financial policies
remain benign and liquidity remains very good.

Ratings could be downgraded if debt/EBITDA is sustained above 6.25
times or EBIT/interest is sustained below 1.5 times.  Ratings could
also be downgraded if financial policies become aggressive or if
liquidity deteriorates or if the integration of the acquired
Safeway stores does not result in expected synergies and
improvement in overall profitability of the combined company.

The principal methodology used in these ratings was Retail Industry
published in October 2015.

Albertsons Companies, LLC is owned by a consortium led by Cerberus
Capital Management and is the parent of Safeway Inc., Albertson's
LLC and New Albertsons Inc.  The combined company operates 2,271
grocery stores in 33 States under 18 banners including Safeway,
Albertsons, Vons Jewel Osco, Shaw's, United Supermarkets, Acme,
Star, Carrs, Randalls, Pavilions, Market Street, Tom Thumb, and
Amigos.  Revenues of the combined company will be about $59
billion.


ALLIED FINANCIAL: Notifies Secured Creditor of Proposed Sale
------------------------------------------------------------
At the directive of Judge Mildred Caban Flores for the District of
Puerto, Allied Financial Inc. filed a motion informing its secured
creditor, Centro de Recaudacion de Ingresos Municipales de Puerto
Rico, of the Debtor's decision to sell its property located at
Barrio Guayabal, Sector Lajitas Road P.R., 550 Juana Diaz, in
Puerto Rico.

The motion stated, among other things, that: "(a) CRIM was served
with the Motion to Sell on the same day as all other creditors and
parties in interest, but in the spirit of caution the Motion to
Sell is being notified to CRIM again via first class to its address
of record, (b) the Sales Agreement states that "M Investment, LLC.
agrees to assume payment of the real estate property taxes owed as
of the Closing Date in connection with the Property, and (c) the
sale of the asset will provide for full payment to CRIM."

The Troubled Company Reporter earlier reported that the Debtor
sought court authority to sell the  property valued at $75,000.
The Debtor listed Oriental Bank with a secured claim over the
property in the amount of $72,593 and a secured claim in favor of
Centro de Recaudacion de Ingresos Municipales de Puerto Rico in the
amount of $905.

Judge Caban Flores ordered the Debtor to notify CRIM and file a
certificate of service, and in turn, CRIM is ordered to file any
objection within ten (10) days from notice of the sale by the
Debtor.

Allied Financial Inc is represented by:

       Carmen D. Conde Torres, Esq.
       254 San Jose Street, 5th Floor
       Old San Juan, Puerto Rico 00901-1523
       Telephone: 787-729-2900
       Facsimile: 787-729-2203
       E-mail: condecarmen@condelaw.com

             About Allied Financial

Allied Financial, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-00180) on Jan. 15, 2016.  The petition
was signed by Rafael Portela, president of the Board of Directors.
The Debtor disclosed total assets of $10.3 million and total debts
of $9.14 million.  C. Conde & Assoc. represents the Debtor as
counsel.  Mildred Caban Flores has been assigned the case.


ALPHA NATURAL: Can Terminate UMWA CBAs, Modify Retiree Benefits
---------------------------------------------------------------
Judge Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia authorized Alpha Natural Resources,
Inc., et al., to terminate the collective bargaining agreements
with the United Mine Workers of America and modify certain retiree
benefits, including the elimination of their liabilities under the
Coal Industry Retiree Health Benefit Act of 1992.

Judge Huennekens found that the Debtors have met their burden to
prove that the rejection of the CBAs and the modification of their
retiree benefits are necessary under both the Second Circuit and
the Third Circuit tests.  The Court also pointed out that the
Debtors' non-union and union employees have been treated in a fair
and equitable manner, noting that non-union employees have suffered
all of the labor cost reductions up until the Rejection Motion.

The Court found that Sections 1113 and 1114 of the Bankruptcy Code
apply to this proceeding.  The Court also found that the Debtors'
obligations under the Coal Act are "retiree benefits" and that the
Debtors negotiated and presented their January 4 Proposal to the
"authorized representative" of the Coal Act Funds.  Finally, the
Court concluded that the Debtors have satisfied the nine-factor
test set forth in American Provision Co. in order to obtain relief
under Sections 1113 and 1114 to terminate their collective
bargaining agreements with the UMWA and modify their outstanding
retiree benefit obligations.  Accordingly, the Court will permit
the Debtors to reject their collective bargaining agreements with
the UMWA pursuant to Section 1113(c) of the Bankruptcy Code and to
modify their retiree benefit obligations to the UMWA Funds and
(under the Coal Act) with the Coal Act Funds pursuant to Section
1114(g) of the Bankruptcy Code.

A full-text copy of Judge Huennekens' Memorandum Opinion dated May
24, 2016, is available at
http://bankrupt.com/misc/ALPHA24990524.pdf

                  About Alpha Natural Resources

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

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

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

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

Judge Kevin R. Huennekens presides over the cases.

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

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

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

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

                            *     *     *

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

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


ALPHA NATURAL: Hearing Today on Sale of PLR Assets to Vantage
-------------------------------------------------------------
Alpha Natural Resources is slated to appear before the U.S.
Bankruptcy Court at 10:00 a.m. Thursday, May 26, 2016, for a
hearing to approve the sale of the assets of its subsidiary,
Pennsylvania Land Resources, LLC.

A subsidiary of Vantage Energy Inc. has been designated as
successful bidder following an auction on May 16.  Vantage beat out
Rice Energy, which acted as lead bidder.  Jamison Cocklin, writing
for Natural Gas Intelligence's naturalgasintel.com, reported that
Vantage Energy Appalachia II LLC has offered $339.5 million for the
assets.

PRL, one of the Debtors, in April entered into an amended and
restated asset purchase agreement with Rice Drilling B LLC, an
affiliate of Rice Energy, whereby Rice would purchase substantially
all of the assets of PLR for $200 million in cash, subject to
limited purchase price adjustments, and the assumption of certain
liabilities. Pursuant to the terms of the Purchase Agreement, PLR
and certain affiliated entities will sell leasehold interests in
approximately 27,400 net undeveloped Marcellus acres, as well as
fee interests in the oil and gas underlying an additional 3,200
gross acres. Included within the acreage to be acquired by Rice are
the rights to the Utica on approximately 23,500 net acres. The
Purchase Agreement provides that at closing, Rice and certain Alpha
affiliates will enter into agreements providing for the rights of
the parties with respect to the development of (a) the coal, by the
Alpha affiliates or their successors in interest, and (b) the oil
and gas, by Rice.

The Rice Purchase Agreement requires a $20 million escrow deposit
from Rice, to be released to PLR at closing. The Purchase Agreement
is intended to constitute a "stalking horse bid" for the PLR assets
in accordance with bidding procedures previously approved by the
Bankruptcy Court, and includes certain bid protections for Rice,
including a maximum expense reimbursement of $1.5 million and a
break-up fee of $2 million.  The Bid Protections are payable upon
certain termination events, including consummation of a competing
transaction.

The Debtors' first lien lenders have agreed to a stalking horse
credit bid in the amount of $500 million for certain of the
Debtors' assets, including the assets of PLR, as set forth in an
Asset Purchase Agreement filed with the Bankruptcy Court on March
8, 2016.  In a filing with the Bankruptcy Court on March 18, 2016,
the First Lien Lenders allocated $175 million of their credit bid
to the PLR assets. To accommodate the Purchase Agreement with Rice,
the First Lien Lenders have agreed to modify the Lender APA to
remove the PLR assets and reduce the credit bid purchase price to
$325 million.

A copy of the purchase agreement with Rice is available at
http://goo.gl/Um9sUS

On April 26, 2016, after a hearing, the Bankruptcy Court entered an
order (a) designating Rice as the stalking horse bidder for the PLR
assets on terms of the Purchase Agreement, subject to higher or
better bids, (b) approving the Bid Protections and (c) granting
certain related relief. The Purchase Agreement with Rice will
remain subject to competing bids, and a potential auction scheduled
for May 16.  Consummation of the transaction with Rice or another
successful bidder after any auction remains subject to approval by
the Bankruptcy Court at a hearing scheduled for May 26.

The NGI report noted that Colorado-based Vantage Energy already
holds 48,000 net Marcellus acres in Greene County. The
privately-owned company also operates in the Fort Worth and
Uinta-Piceance basins.  Alpha said Vantage was among five bidders
for the assets, adding that another bid of $335 million was the
next best.

A hearing to approve the sale of the Debtors' core assets, the
"Reserve Price Assets" -- originally scheduled for May 26 -- has
been adjourned to the date of the hearing regarding confirmation of
the Debtors' Plan of Reorganization as the sale will be consummated
as part of the Plan pursuant to a confirmation order.

As part of the sale of the PLR assets, the Debtors received:

     -- Reservation of Rights of Talen Generation, LLC to Proposed
PLR Sale Transaction;

     -- Commonwealth of Pennsylvania Department of Environmental
Protection's Limited Objection to and Reservation of Rights
Regarding the Amended and Restated Asset Purchase Agreement between
Pennsylvania Land Resources, LLC and Rice Drilling B LLC and
Proposed Sale Order for Debtor's Oil and Gas Assets in
Pennsylvania; and

     -- Sureties' Objection to Debtors' Proposed Sale to the PLR
Stalking Horse, Objection to the PLR Transaction Documents, and
Reservation of Rights.

The Debtors have reached a consensual resolution with respect to
the Sureties' Objection and the Talen Reservation.  The Debtors are
engaged in negotiations with the Pennsylvania Department of
Environmental Protection regarding a consensual resolution of the
Pennsylvania DEP Objection.

Rice is being represented in Alpha's case by:

     Vinson & Elkins LLP
     1001 Fannin Street, Suite 2500
     Attention: David Meyer, Esq.
                Bryan Loocke, Esq.
     Facsimile: 713-615-5031
     E-mail: dmeyer@velaw.com
             bloocke@velaw.com

                  About Alpha Natural Resources

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

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

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

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

Judge Kevin R. Huennekens presides over the cases.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.
Tyler P. Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III,
Esq., and Justin F. Paget, Esq., serve as the Debtors' local
counsel. Rothschild Group is the Debtors' financial advisor.
Alvarez & Marshal Holdings, LLC, is the Debtors' investment
banker.  Kurtzman Carson Consultants, LLC, is the Debtors' claims
and noticing agent.

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

                            *     *     *

Alpha Natural Resources, Inc. on March 8, 2016, disclosed that it
has filed a proposed Chapter 11 Plan of Reorganization and a
related Disclosure Statement with the United States Bankruptcy
Court for the Eastern District of Virginia.  Together with the
motion seeking approval of a marketing process for Alpha's core
operating assets, these filings provide for the sale of Alpha's
assets, detail a path toward the resolution of all creditor claims,
and anticipate the emergence of a streamlined and sustainable
reorganized company able to satisfy its environmental obligations
on an ongoing basis.

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


ALPHA NATURAL: Sale Hearing for Core Assets Adjourned Sine Die
--------------------------------------------------------------
The hearing to approve the sale of Alpha Natural Resources' core
assets, the "Reserve Price Assets", has been adjourned to the date
of the hearing regarding confirmation of the Plan as that sale will
be consummated as part of the Plan pursuant to a confirmation
order.

The sale hearing was originally set for May 26.

The Debtors' first lien lenders have agreed to a stalking horse
credit bid in the amount of $500 million for certain of the
Debtors' assets, including the assets of subsidiary, Pennsylvania
Land Resources, LLC, as set forth in an Asset Purchase Agreement
filed with the Bankruptcy Court on March 8, 2016.  In a filing with
the Bankruptcy Court on March 18, the First Lien Lenders allocated
$175 million of their credit bid to the PLR assets. To accommodate
the Purchase Agreement with Rice Energy, the First Lien Lenders
have agreed to modify the Lender APA to remove the PLR assets and
reduce the credit bid purchase price to $325 million.

Several objections have been filed over the proposed sale.

A hearing on the sale of the PLR assets to a unit of Vantage
Energy, Inc., the winner at an auction held early last week, will
go forward on May 26.

                  About Alpha Natural Resources

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

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

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

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

Judge Kevin R. Huennekens presides over the cases.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.
Tyler P. Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III,
Esq., and Justin F. Paget, Esq., serve as the Debtors' local
counsel. Rothschild Group is the Debtors' financial advisor.
Alvarez & Marshal Holdings, LLC, is the Debtors' investment
banker.  Kurtzman Carson Consultants, LLC, is the Debtors' claims
and noticing agent.

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

                            *     *     *

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

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


AMERICAN PARKING: Hires WRG Certified Public Accountants
--------------------------------------------------------
American Parking System, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ WRG
Certified Public Accountants, P.S.C., and its managing partner, CPA
William Rodriguez, as the Debtor's financial advisor, for general
accounting, taxes and financial consulting services in connection
with this bankruptcy petition.

The Firm will provide these services:

      a) reconciliation of financial information to assist Debtor
         in the preparation of monthly operating reports;

      b) assistance in the reconciliation and clarification of
         proof of claims filed and amount due to creditors;

      c) general accounting and tax services to prepare year-end
         reports and income tax preparation, if necessary;

      d) assistance for Debtor and Debtor's counsel in the
         preparation of the supporting documents for the Chapter
         11 Reorganization Plan.

Mr. Rodriguez will be paid $125 per hour for his services.  The
Firm itself received a retainer in this case in the amount of
$8,000, which sum is generated by the Debtor from the regular
operations of the business.

Mr. Rodriguez assures the Court that he is a disinterested person,
as defined in 11 U.S.C. Section 101(14).

The Firm can be reached at:

         William Rodriguez, CPA
         WRG Certified Public Accountants, P.S.C.
         103 Calle Acosta, Esquina Drive Marti
         Caguas, PR 00725
         Tel. (787) 286-6614
         E-mail: William@wrgcpa.com

Headquartered in San Juan, Puerto Rico, American Parking System
Inc. filed for Chapter 11 bankruptcy protection (Bankr. D. P.R.
Case No. 16-02761) on April 8, 2016, estimating its assets at up to
$50,000 and its liabilities at between $10 million and $50 million.
The petition was signed by Miguel Cabral Veras, president.

Judge Edward A Godoy presides over the case.

Alexis Fuentes Hernandez, Esq., at Fuentes Law Offices, LLC, serves
as the Debtor's bankruptcy counsel.


AOG ENTERTAINMENT: Inks Restructuring Support Deal with Lenders
---------------------------------------------------------------
AOG Entertainment, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of New York to perform
under a restructuring support agreement with holders of 100% of the
amount of obligations outstanding under both the (i) the Debtors'
$200 million term loan facility pursuant to that certain First Lien
Term Loan Agreement, dated as of December 9, 2011; and (ii) the
Debtors' $160 million term loan facility pursuant to that certain
Second Lien Term Loan Agreement, dated as of December 9, 2011.

Pursuant to the RSA, the Consenting Lenders committed to, among
other things, support the Debtors' Plan, which will significantly
reduce the Debtors' funded indebtedness.  Significantly, the
Debtors' two largest lenders have agreed to reinvest approximately
$18 million in the reorganized Debtors under the Plan.

The parties agreed that holders of General Unsecured Claims will
receive their pro rata share of: (i) GUC Units in the Litigation
Trust and (ii) GUC Cash; provided, that (A) if the class of General
Unsecured Claims votes to accept the Plan, such holders shall
receive the GUC Cash that would otherwise be distributed to the
First Lien Lenders and Second Lien Lenders on account of their
deficiency claims and (B) if the class of General Unsecured Claims
votes to reject the Plan, the portion of the GUC Cash that would be
distributed to the First Lien Lenders and Second Lien Lenders on
account of their deficiency claims shall be retained by the
reorganized Debtors. Notwithstanding the foregoing, no holder of a
General Unsecured Claim shall receive a distribution of GUC Cash in
excess of the cap set forth in the Term Sheet.

In addition, the Plan will provide for, among other things (i) a
Management Incentive Plan, for up to 12.5% of the Class A Units of
reorganized CORE Entertainment, (ii) the creation of the Litigation
Trust, as well as funding and governance mechanisms relating
thereto, (iii) the assumption, assumption and assignment or
rejection of executory contracts and unexpired leases consistent
with the approval provisions of the RSA and (iv) the payment of the
fees and expenses of the agents and lenders under the FLTLA and
SLTLA incurred in connection with the negotiation and consummation
of the RSA, the Term Sheet, the Plan and the documents related
thereto, which the Debtors submit is necessary to induce the
Consenting Lenders to agree to the terms and conditions of the
RSA.

A hearing on the approval of the RSA will be held on June 28, 2016,
at 10:00 a.m. (prevailing Eastern time).  Objections are due June
21.

The Debtors are represented by:

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

                     About AOG Entertainment

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

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

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

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

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

The U.S. trustee for Region 2 on May 17, 2016, appointed three
creditors
of AOG Entertainment, Inc., and its affiliates to serve on the
official committee of unsecured creditors.


APRICUS BIOSCIENCES: Stockholders Elect 2 Directors
---------------------------------------------------
Apricus Biosciences, Inc., held its 2016 Annual Meeting of
Stockholders on May 20, at which the stockholders:

   (a) elected Kleanthis Xanthopoulos, Ph.D. and Paul V. Maier
       to serve as Class I directors;

   (b) ratified the appointment of BDO USA, LLP as the Company's
       independent registered public accounting firm for the
       fiscal year ending Dec. 31, 2016; and

   (c) approved, on an advisory basis, the executive compensation
       paid to the Company's named executive officers.
    
                   About Apricus Biosciences

Apricus Biosciences, Inc., is a Nevada corporation that was
initially formed in 1987.  The Company has operated in the
pharmaceutical industry since 1995.  The Company's current focus is
on the development and commercialization of innovative products and
product candidates in the areas of urology and rheumatology. The
Company's proprietary drug delivery technology is a permeation
enhancer called NexACT.

Apricus reported a net loss of $19.02 million in 2015, a net loss
of $21.78 million in 2014 and a net loss of $16.93 million in
2013.

As of March 31, 2016, Apricus had $10.4 million in total assets,
$17.3 million in total liabilities, and a total stockholders'
deficit of $6.84 million.

BDO USA, LLP, in La Jolla, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has negative working
capital and has suffered recurring losses and negative cash flows
from operations that raise substantial doubt about its ability to
continue as a going concern.


ARES CAPITAL: Moody's Affirms Ba1 CFR & Changes Outlook to Neg.
---------------------------------------------------------------
Moody's Investors Service affirmed the Ba1 Corporate Family and
senior unsecured ratings of Ares Capital Corporation ("ARCC") and
changed the rating outlook to negative.  Moody's also placed the B2
Corporate Family, B2 Senior Secured , and B3 Senior Unsecured
ratings of American Capital, Ltd. ( "ACAS") on review for upgrade.
This follows ARCC's announcement that it will acquire ACAS,
excluding American Capital Mortgage Management, LLC ("ACMM"), which
ACAS will sell in a separate transaction.

                        RATINGS RATIONALE

Moody's is revising ARCC's outlook to negative to reflect the
incremental risks to the company's operating performance and
capital cushion from acquiring ACAS' higher risk portfolio of
middle market debt and equity investments, as well as execution
risks relating to the approval and consummation of the transaction,
and integration of ACAS' operations.  Moody's is reviewing ACAS'
ratings for possible upgrade because the transaction potentially
improves the probability of default for ACAS' creditors, given
ARCC's relatively stronger credit profile. Additionally, ARCC
expects to repay ACAS' outstanding debt at transaction closing.

ARCC will acquire a majority of assets from ACAS for total
consideration of approximately $3.43 billion, including $1.47
billion of cash and approximately 110.8 million of ARCC shares with
a total market value of $1.682 billion at May 20, 2016; In
addition, Ares Management, ARCC's investment manager, will
contribute cash of $275 million to be paid to ACAS shareholders.
Separately, ACAS will sell ACMM to American Capital Agency Corp.
for $562 million; the sale is a condition precedent to the ARCC
transaction.  The two transactions are expected to close by the end
of 2016.

The negative outlook on ARCC's ratings reflects the riskier
portfolio of middle-market debt and equity investments that ARCC is
acquiring from ACAS that is weighted toward more junior investments
than is ARCC's own portfolio, thus increasing potential earnings
and assets volatility.  At March 31, 2016, approximately 38% of
ACAS's portfolio was comprised of Senior Secured loans.  By
contrast, approximately 82% of ARCC's portfolio was comprised of
Senior Secured loans, including its certificates in its Senior
Secured Loan Program ("SSLP") joint venture.  In addition,
approximately 29% of ACAS's portfolio excluding its equity
investment in American Capital Asset Management, LLC consisted of
equity securities, compared to 11% for ARCC.  The transaction also
poses integration risks, though we note that Ares successfully
managed its acquisition of weakened business development company
Allied Capital in 2010.

ARCC will finance a portion of the transaction with new debt
issuance, but expects lower pro forma leverage of between .65-.75x
at closing, compared to .77x at March 31, 2016, which partially
mitigates concern regarding the quality of the acquired ACAS
portfolio.  ARCC expects to gradually liquidate riskier ACAS
investments and reinvest capital proceeds into first-lien secured
loans and to grow its SDLP (Senior Direct Lending Program) joint
venture, which Moody's regards as less volatile investments.  The
execution and timing associated with the portfolio repositioning
are key risks of the proposed transaction.

Positive aspects of the transaction include ARCC's potential to
enhance its competitive positioning in middle-market lending due to
its increased scale and capital access, improved portfolio and
revenue diversification, and good prospects for accretive effects
on earnings and, eventually, net asset value.  As of the date of
the announcement, the pro forma combined entity will have 385
portfolio companies, compared to 220 and 171 as of March 31st for
ARCC and ACAS, respectively.  Moody's expects that the transaction
will reduce top ten borrower concentrations for the combined
entity.

ARCC expects to derive cost synergies from the combination with
ACAS, but the timing and extent of the savings are yet to be
determined.  To help advance the integration of the two companies,
Ares Management will forego up to $100 million of earned
income-based fees over ten consecutive quarters following the
transaction closing.

The proposed transaction has the potential to reduce the
probability of default for ACAS creditors because ARCC is a
higher-rated firm that performed substantially better through the
last credit cycle.  During its review of ACAS' ratings, Moody's
will assess ARCC's progress toward consummating the acquisition of
ACAS and repaying ACAS' outstanding debt.  After the debt is
repaid, Moody's intends to withdraw the ACAS ratings.

Moody's could stabilize ARCC's ratings if the company completes the
ACAS integration in a timely and efficient manner, significantly
pivots the ACAS portfolio toward less risky investments, enhances
funding access and liquidity, and maintains capital strength.

Moody's could downgrade ARCC's ratings if leverage or asset
coverage of the combined entity weakens, if the post-transaction
portfolio maintains a significantly higher concentration in junior
securities, or if liquidity declines.

A summary of the action follows:

Ares Capital Corporation:
  Corporate Family: affirmed at Ba1

Allied Capital Corporation:
  Senior Unsecured (Domestic): affirmed at Ba1

American Capital, Ltd:
  Corporate Family: B2 rating placed on review for upgrade
  Senior Secured Bank Credit Facility (Domestic): B2 rating placed

   on review for upgrade
  Senior Unsecured (Domestic): B3 rating placed on review for
   upgrade

Ares Capital Corporation is a business development company based in
New York with total assets of $9.4 billion at March 31, 2016.
American Capital, Ltd., based in Bethesda, Maryland, is business
development company that invests in middle market businesses and
manages alternative asset funds with total assets of $5.5 billion
at March 31, 2016.

The principal methodology used in these ratings was Finance
Companies published in October 2015.


ARMADA WATER: Files for Chapter 11 Bankruptcy to Reorganize
-----------------------------------------------------------
Armada Water Assets, Inc., and certain of its subsidiaries sought
creditor protection by filing Chapter cases in the U.S. Bankruptcy
Court for the Southern District of Texas on May 23, 2016.

The Debtors estimated liabilities of $25 million, which include $6
million in trade debt and dozens of smaller promissory notes, many
from shareholders, and assets in the range of $10 million to $50
million.

Headquartered in Houston, Texas, Armada Water, through its
subsidiaries, provides water supply, collection, and remediation
services and water treatment solutions to oil and gas industry in
the United States.

According to documents filed with the Court, Armada filed a Form
S-1 registration statement with the Securities and Exchange
Commission to become a public company.  However, the oil downturn
effectively ended Armada's ability to cash flow positively, which
prompted it to withdraw its public filing.

After borrowing money to make up for negative cash flow, Armada
finally ran out of available sources of cash in March of 2016.  The
Debtors were unable to borrow more money, or make payments on
existing debt.  In April 2016, Armada was locked out by a landlord.
To preserve value, Armada laid-off a substantial number of
employees and reduced operations to core personnel.

The Debtors intend to file a reorganization plan that would permit
a "shrink to core" strategy involving maintenance of the core
business of water treatment.  Armada said it is now focusing on
preserving long-term value and promising new technology.  

"The purpose of the chapter 11 [filing] is to sell nonessential
assets, shrink to a core business that can be sustained,
recapitalize the company with new money, and emerge with a lower
debt burden, exchanging unsecured debt for shares of the
reorganized debtor and a pool of cash from the liquidation of
unencumbered assets," said Tom Breen, chief restructuring officer
of the Debtors.

To facilitate the bankruptcy filing, pre-bankruptcy lenders
(including Harrington Global) made a small prepetition advance of
$161,000 ($57,000 of which was garnished by a creditor), with the
bulk of the $1 million needed for a reorganization to be funded as
a secured  DIP Loan.  The facilitating loan was funded on May 2,
2016.

Contemporaneously with the petitions, the Debtors filed first day
motions seeking authority to, among other things, implement notice
procedures, obtain DIP financing, pay employee obligations and use
existing cash management system.

Armada Water's debtor affiliates are Wes-Tex Vacuum Service, Inc.,
Summit Holdings, Inc., Barstow Production Water Solutions, LLC,
Devonian Acquisition Corporation, Western Slope Acquisition
Corporation, Summit Energy Services, Inc., ORL Equipment LLC and
Harley Dome 1, LLC.  

McKool Smith PC represents the Debtors as counsel.

The cases are pending joint administration before Judge David R
Jones under proposed Lead Case No. 16-60056.


ASHLEY I LLC: Hires Cedarview Projects as Environmental Manager
---------------------------------------------------------------
Ashley I, LLC, and Ashley II of Charleston, LLC, ask for permission
from the U.S. Bankruptcy Court for the District of South Carolina
to employ Cedarview Projects, Inc., as its environmental manager
for the Debtors estates.

Ashley II has requested that the Firm perform analysis and possible
testing work on the Ashley II portions of the Columbia Nitrogen
Comprehensive Environmental Response, Compensation and Liability
Act Site.  The Firm estimates the cost of its services will not to
exceed $60,000 as invoiced by Firm and approved by the Court.  

The Debtors started acquiring real estate in 2002 for the purpose
of developing a multi-use real estate development as a proposed
urban infill project along the Ashley River in the Neck area of
Charleston and North Charleston, South Carolina.  

The Columbia nitrogen site is the only parcel where Ashley II was
unable to secure former owners or operators' assistance with
remediation prior to acquisition.  The United States Environmental
Protection Agency previously designated the former Columbia
Nitrogen Parcel, which is approximately 33 acres of real property,
as the Columbia Nitrogen Superfund Site, adjacent to the Ashley
River.  Ashley II owns 30.67 acres of the site, Robin W. Hood, II
owns two acres, which are leased to Robin Hood Container Express;
and a roadway or road right-of-way over 1.28 acres of the Site is
owned by the City of Charleston.  Ashley II's ownership of the
Columbia Nitrogen Parcel has spawned years of both federal and
state court litigation.  The federal litigation remains ongoing at
the Petition Date.

Although the parties could not agree on the scope of remediation
work to be done on this parcel, the EPA imposed a Unilateral
Administrative Order on the Columbia Nitrogen Property.  A Removal
Action Work Plan and a Removal Action Completion Report were
prepared which identified contaminant specific cleanup levels to an
"industrial use" level.

The highest and best use of the Columbia Nitrogen Property, and the
use consistent with the zoning approval by the City of Charleston
is for mixed commercial and residential use.  Ashley II has
determined that it needs to perform additional testing to ascertain
what work, if any, needs to be done to develop a second RAWP so as
to take the Columbia Nitrogen Property from "industrial" to
"residential" use levels.

Unfortunately, the pre-petition environmental litigation halted the
Debtors' ability to fund further cleanup and development of the
Ashley I and Ashley II properties, and the Debtors sought chapter
11 protection and seek court approved sales of their properties to
ensure future cleanup and development of these properties to the
great benefit of the Charleston community.

Scott R. Freeman, P.E., President of the Firm, assures the Court
that the Firm doesn't hold nor represent an interest adverse to the
Debtors or their estates and that the Firm is a disinterested
person as that term is defined in U.S.C. Section 101(14).

The Firm can be reached at:

      Scott R. Freeman
      Cedarview Projects, Inc.
      7 Sanborn Lane
      Reading, Massachusetts 01867
      Tel: (781) 944-8079

                        About Ashley I

Ashley I, LLC, and and Ashley II of Charleston, LLC, sought
protection under Chapter 11 of the Bankruptcy Code in the U.S.
Bankruptcy Court for the District of South Carolina (Charleston)
(Case No. 16-00559) on Feb. 8, 2016.  The petition was signed by
Prodel, LLC manager.

The Debtor is represented by William McCarthy, Jr., Esq., William
Harrison Penn, Esq., and Daniel J. Reynolds, Jr., Esq., at McCarthy
Law Firm, LLC.  The case is assigned to Judge David R. Duncan.

The Debtor disclosed total assets of $5.17 million and total debts
of $18.71 million.


ASPECT SOFTWARE: Schedules $88.1M in Assets, $825.5M in Debt
------------------------------------------------------------
Aspect Software, Inc., disclosed $88,057,943 in assets and
$825,509,600 in liabilities in its schedules of assets and
liabilities:

   Name of Schedule                   Assets       Liabilities
   ----------------                   ------       -----------
A. Real Property                          $0
B. Personal Property            $88,057,943           
C. Property Claimed as Exempt
D. Creditors Holding
   Secured Claims                                 $809,908,683
E. Creditors Holding Unsecured
   Priority Claims                                        $435    

F. Creditors Holding Unsecured
   Non-priority Claims                             $15,600,482
                               --------------   --------------
TOTAL                             $88,057,943     $825,509,600

A copy of the company's schedules is available without charge at
https://is.gd/8T3Knd

                   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 & PACIFIC: Hires PwC LLP as Tax Consultants
----------------------------------------------------
The Great Atlantic & Pacific Tea Company, Inc., and its
debtor-affiliates seek permission from the U.S. Bankruptcy Court
for the Southern District of New York to employ
PricewaterhouseCoopers LLP as tax consultants to the Debtors, nunc
pro tunc to February 1, 2016.

The Debtors require PwC to:

     a. assist with computation of gain or loss on sale of assets
and asses whether any planning strategies exist to minimize the
state tax burden;

     b. assist with reviewing claims submitted by taxing
authorities; and

     c. provide other federal and state tax matters as requested.

PwC will be paid at these hourly rates:

       Partner                   $856-$1,100
       Director                  $688-$884
       Manager                   $551-$709
       Senior Associate          $436-$560
       Associate                 $310-$398

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

Hardeo Bissoondial, partner as PricewaterhouseCoopers 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.

PwC may be reached at:

       Hardeo Bissoondial, Esq.
       PricewaterhouseCoopers LLP
       400 Campus Drive
       Florham Park, NJ 07932
       Tel.: (973)236-4818
       Fax: (813)329-5217
       E-mail: hardeo.bissoondial@pwc.com

                  About Atlantic & Pacific



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



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



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



As of Feb. 28, 2015, the Debtors reported total assets of
$1.6
billion and liabilities of $2.3 billion.



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



Judge Robert D. Drain of the U.S. Bankruptcy Court for
the
Southern District of New York issued an order directing
joint
administration of the Chapter 11 cases of The Great
Atlantic &
Pacific Tea Company, Inc., and its debtor affiliates
under Lead
Case No. 15-23007.


B & B REAL ESTATE: Taps Philip W. Stock as Bankruptcy Counsel
-------------------------------------------------------------
B & B Real Estate General Partnership asks for authorization from
the U.S. Bankruptcy Court for the Middle District of Pennsylvania
to employ Philip W. Stock as bankruptcy counsel.

Mr. Stock will provide these services:

      a. providing the Debtor-in-Possession with legal advice with

         respect to its powers and duties as Debtor-in-Possession
         in the continued operation of its business and management

         of its duties;

      b. preparing the necessary applications, petitions,
         pleadings, briefs, memoranda and such other documents and

         reports as may be required;

      c. representing the Debtor-in-Possession at the initial
         Debtor interview and at the meeting of creditors;

      d. representing the Debtor-in-Possession at all hearings and

         adversary proceedings;

      e. representing the Debtor-in-Possession in its dealings
         with its creditors;

      f. representing the Debtor-in-Possession in providing legal
         services required to negotiate, draft and implement a
         Plan and Disclosure Statement; and

      g. performing all other legal services for the Debtor-in-
         Possession which may be necessary in connection with the
         Chapter 11 bankruptcy.

Mr. Stock will be paid $250 per hour for his services.  In this
regard, the Debtor-in-Possession has provided to Mr. Stock a
retainer of $3,000 for post-petition representation, plus a filing
fee of $1,717, the retainer of which is held in the trust account
of Mr. Stock.  The Debtor paid Mr. Stock an additional $4,500 in
connection with legal representation, since March of 2016, in an
attempt to limit or completely avoid the filing of a bankruptcy for
this Debtor and a bankruptcy for a related entity.

Mr. Stock assures the Court that he has no connection with the
Debtor or any conflicts with its creditors, other
parties-in-interest, their respective attorneys and accountants,
the U.S. Trustee or any person employed in the Office of the U.S.
Trustee, and that he has not acted as general counsel for the
Debtor prior to representation with regard to this case with the
exception of the pre-filing legal representation in connection with
the attempt to avoid or limit the need to file this Chapter 11 case
or a Chapter 11 case in connection with a related entity.

Scotrun, Pennsylvania-based B & B Real Estate General Partnership
filed for Chapter 11 bankruptcy protection (Bankr. M.D. Pa. Case
No. 16-02183) on May 23, 2016, listing $1.51 million in total
assets and $2.01 million in total liabilities.  The petition was
signed by Robert C. Bishop, general partner.

Judge Robert N. Opel II presides over the case.

Philip W. Stock, Esq., at the Law Office of Philip W. Stock serves
as the Debtor's bankruptcy counsel.


BACK9NETWORK INC: Seeks June 30 Extension of DIP Maturity Date
--------------------------------------------------------------
Back9Network, Inc., and Swing by Swing Golf, Inc., ask the
Bankruptcy Court to modify the Final DIP Order to provide that the
maturity date of the DIP Loan Obligations is extended to June 30,
2016.

While the Debtors do not anticipate having to borrow additional
funds prior to June 30, 2016 the Debtors anticipate filing of a
consensual plan and disclosure statement.  Accordingly, the Debtors
believe it is in the best interests of the Estate and its creditors
to allow the Debtors to proceed with the proposed plan.

The Court has scheduled a hearing on the Debtor's Motion to be held
on June 1, 2016.

Back9Network, Inc. and Swing by Swing Golf, Inc. are represented
by:

       William S. Fish, Jr., Esq.
       Thomas J. Farrell, Esq.
       HINCKLEY, ALLEN & SNYDER LLP
       20 Church Street, 18th Floor
       Hartford, CT 06103-1221
       Telephone: 860-725-6200
       Email: wfish@hinckleyallen.com
              tfarrell@hinkleyallen.com

               About Back9Network

Back9Network Inc. and Swing by Swing Golf, Inc., engaged in the
business of developing and selling media content and information
over the internet, filed Chapter 11 bankruptcy petitions (Bankr. D.
Conn. Case Nos. 15-22192 and 15-22193, respectively) on Dec. 23,
2015.  The petition was signed by Charles Cox, the chief executive
officer.  The Debtors estimated assets and liabilities of $10
million to $50 million.  The Debtors have engaged Hinckley, Allen &
Snyder LLP as counsel.  Judge Ann M. Nevins has been assigned the
cases.


BASIC ENERGY: Stockholders Elect 3 Class III Directors
------------------------------------------------------
Basic Energy Services, Inc., held its annual meeting of
stockholders on May 19, 2016, at which the stockholders:

   (1) elected William E. Chiles, Robert F. Fulton and Antonio O.
       Garza, Jr. as Class II directors to serve until the annual
       meeting of stockholders in 2019;

   (2) approved an amendment to the 2003 Incentive Plan to
       increase the number of shares of common stock authorized
       for issuance thereunder by 1,000,000 shares from 11,350,000

       shares to 12,350,000 shares;

   (3) approved, on a non-binding advisory basis, the named
       executive officer compensation; and

   (4) ratified the appointment of KPMG LLP as the Company's
       independent auditor for fiscal year 2016.

A total of 35,485,737 shares of the Company's common stock were
present at the meeting in person or by proxy, which represented
approximately 83% of the outstanding shares of the Company's common
stock as of March 24, 2016, the record date for the Annual
Meeting.

                      About Basic Energy

Energy Services, Inc. provides a wide range of well site services
in the United States to oil and natural gas drilling and producing
companies, including completion and remedial services, fluid
services, well servicing and contract drilling.  These services are
fundamental to establishing and maintaining the flow of oil and
natural gas throughout the productive life of a well.  The
Company's broad range of services enables us to meet multiple needs
of our customers at the well site.

Basic Energy reported a net loss of $241.74 million in 2015
compared to a net loss of $8.34 million in 2014.

"If we are unable to generate sufficient cash flow or are otherwise
unable to obtain the funds required to make principal and interest
payments on our indebtedness, or if we otherwise fail to comply
with the various covenants in instruments governing any existing or
future indebtedness, we could be in default under the terms of such
instruments.  In the event of a default, the holders of our
indebtedness could elect to declare all the funds borrowed under
those instruments to be due and payable together with accrued and
unpaid interest, secured lenders could foreclose on any of our
assets securing their loans and we or one or more of our
subsidiaries could be forced into bankruptcy or liquidation. If our
indebtedness is accelerated, or we enter into bankruptcy, we may be
unable to pay all of our indebtedness in full.  Any of the
foregoing consequences could restrict our ability to grow our
business and cause the value of our common stock to decline," the
Company warned in its annual report for the year ended Dec. 31,
2015.

As of March 31, 2016, Basic Energy had $1.16 billion in total
assets, $1.14 billion in total liabilities and $25.20 million in
total stockholders' equity.

                          *    *    *

As reported by the TCR on March 30, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on Fort Worth-based
Basic Energy Services Inc. to 'CCC+' from 'B-'.  The outlook is
negative.

The TCR reported on March 14, 2016, that Moody's Investors Service
downgraded Basic Energy Services, Inc.'s Corporate Family Rating
(CFR) to Caa3 from Caa1, its senior unsecured notes rating to Ca
from Caa2, and lowered its Speculative Grade Liquidity Rating to
SGL-4 from SGL-3.  The outlook remains negative.


BEAR CREEK: Files List of Largest Unsecured Creditors
-----------------------------------------------------
Bear Creek Partners II, LLC, disclosed in a filing with the U.S.
Bankruptcy Court for the Western District of Michigan its creditors
holding the largest unsecured claims.

The unsecured creditors are:

   Creditors               Nature of the Claim    Amount
   ---------               -------------------    ------
   Bear creek Township         Utilities          $14,652

  Sherwin Williams Company     Accounts Payable   $11,815
  District Credit Office

  Dan Zehr Painting Inc.       Accounts Payable   $10,000

  City of Petoskey             Utilities           $9,483

  Great Lakes Energy           Utilities           $3,239

  DTE Energy                   Utilities           $1,060

  American Waste Inc.          Utilities             $792

  AT&T                         Utilities             $362

A copy of the unsecured creditors' list is available without charge
at https://is.gd/oT5FOX

                   About Bear Creek Partners

Bear Creek Partners II, L.L.C. and Bear Creek Retail Partners II
LLC filed separate Chapter 11 petitions (Bankr. W.D. Mich. Case
Nos. 16-02553 and 16-02554) on May 6, 2016.  Hon. John T. Gregg
presides over the cases.  The Debtors are represented by Jay L.
Welford, Esq., at JAFFE, RAITT, HEUER & WEISS, PC; and Robert R.
Wardrop, Esq., at WARDROP & WARDROP PC, as counsel.

Each of Bear Creek Partners II and Bear Creek Retail Partners
estimated $10 m illion to $50 million in both assets and
liabilities.

The petitions were signed by Scott A. Chappelle, president.



BILL BARRETT: Stockholders Elect Six Directors
----------------------------------------------
At Bill Barrett Corporation's annual meeting of shareholders held
on May 17, 2016, the shareholders:

   (a) elected Jim W. Mogg, William F. Owens, Edmund P. Segner,
       III, Randy I. Stein, Michael E. Wiley and Scot R. Woodall
       to the Company's Board of Directors to hold office until
       the annual meeting of shareholders to be held in the year
       2017 and thereafter until their successors are duly elected

       and qualified;

   (b) approved an advisory (non-binding) resolution regarding the
       compensation of the Company's named executive officers;

   (c) approved the Company's Cash Incentive Plan; and

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

Prior to the Annual Meeting, the Compensation Committee of the
Board had taken the following actions regarding the company's 2016
compensation structure, many of which proactively addressed
concerns that were later expressed by certain proxy advisory
services regarding our 2015 compensation structure.  For example,
the Compensation Committee reduced the value of the 2016 Long-Term
Incentive awards for the Company's NEOs by 10 - 20%.  The
Compensation Committee also reduced non-employee director
compensation, for the combined cash and equity retainer, by 15%.
Each of these actions addressed concerns that were later expressed
regarding pay increases in a time of decreasing stock price.  In
addition, the Compensation Committee had approved changes to the
Company's 2016 performance-vested Long-Term Incentive awards such
that (i) the sole performance metric for the 2016
performance-vested awards is Total Shareholder Return (TSR)
measured on both an absolute and relative basis against our peers,
with payout dependent upon achievement of demanding absolute and
relative TSR goals, and (ii) none of the performance-vested awards
will vest if the company's TSR across the performance period of
2016-2018 is negative.  These changes addressed concerns that were
later expressed regarding the rigor of the performance metrics for
the Company's 2015 performance-based Long-Term Incentive awards.
Certain of the foregoing actions were approved by the Board if
required by the Compensation Committee charter.

Immediately following the shareholder vote electing the named
directors to the Board, the Board met and adopted a resolution
reducing the size of the Board from eight members to six members,
five of which will be independent directors.

                    About Bill Barrett

Bill Barrett Corporation is an independent energy company that
develops, acquires and explores for oil and natural gas resources.
All of the Company's assets and operations are located in the Rocky
Mountain region of the United States.

Bill Barrett reported a net loss of $488 million in 2015 following
net income of $15.08 million in 2014.

As of March 31, 2016, Bill Barrett had $1.44 billion in total
assets, $938.23 million in total liabilities and $506 million in
total stockholders' equity.


BIOLIFE SOLUTIONS: Walter Villiger Reports 40.1% Stake as of May 19
-------------------------------------------------------------------
Walter Villiger and WAVI Holding AG jointly filed with the
Securities and Exchange Commission an amended Schedule 13D
disclosing beneficial ownership of BioLife Solutions, Inc.'s common
shares.

On May 12, 2016, WAVI and BioLife entered into the Commitment
Letter, whereby WAVI has agreed to make a series of four $1 million
advances on June 1, 2016, Sept. 1, 2016, Dec. 1, 2016, and March 1,
2017.  Pursuant to the Commitment Letter, on May 12, 2016, the
Issuer made a promissory note in favor of WAVI for the principal
amount of all Advances under the Note, which will not exceed an
aggregate principal amount of $4 million.  The promissory note is
unsecured, carries an annual interest rate of 10% and matures on
June 1, 2017.  As partial consideration for entering into the
Commitment Letter, the Issuer issued the Warrant to purchase up to
550,000 shares of the Issuer's common stock to WAVI.

As of May 19, 2016, Mr. Villiger beneficially owns 6,074,714 shares
of the Issuer, consisting of 3,604,646 shares of common stock held
indirectly through WAVI, 142,857 shares of common stock issuable
upon exercise of warrants held directly, and 2,327,211 shares of
common stock issuable upon exercise of warrants held indirectly
through WAVI.  Those shares represent a total of 40.1% of the
Issuer's outstanding shares of common stock.

As of May 19, 2016, WAVI beneficially owns 5,931,857 shares of the
Issuer, consisting of 3,604,646 shares of common stock held
indirectly through WAVI, and 2,327,211 shares of common stock
issuable upon exercise of warrants held indirectly through WAVI.
Such shares represent a total of 39.5% of the Issuer's outstanding
shares of common stock.

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

                       https://is.gd/oIaDHl

                     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.


BONANZA CREEK: Has Borrowing Base Deficiency of $88 Million
-----------------------------------------------------------
The spring 2016 semi-annual borrowing base redetermination of the
Credit Agreement, dated March 29, 2011, of Bonanza Creek Energy,
Inc., was completed on May 20, 2016, according to a regulatory
filing with the Securities and Exchange Commission.

The Borrowing Base under the Credit Agreement was reduced from $475
million to $200 million, which amount will remain in effect until
it is redetermined or adjusted in accordance with the Credit
Agreement and will continue to be secured by certain of the
Company's Oil and Gas Properties.

As of May 20, 2016, the Company had $288 million in borrowings
outstanding under the Credit Agreement and no outstanding letters
of credit.  As a result of this May 2016 redetermination, the
Company now has a Borrowing Base Deficiency of $88 million.  The
Company received notice of this deficiency on May 20, 2016 (the
"Deficiency Notice Date").  The Company is currently in compliance
with all of the Credit Agreement's financial and non-financial
covenants.

Under the terms of the Credit Agreement, the Company must pursue
one of the following options to address the Borrowing Base
Deficiency:

   (A) within 20 days after the Deficiency Notice Date, deliver to
       the Administrative Agent written notice of the Company's
       election to repay Advances such that the Borrowing Base
       Deficiency is cured within 30 days after the Deficiency
       Notice Date;

   (B) pledge, within 30 days after the Deficiency Notice Date,
       additional Oil and Gas Properties acceptable to the
       Lenders, which the Lenders deem sufficient in their sole
       discretion to eliminate the Borrowing Base Deficiency;

   (C) within 20 days after the Deficiency Notice Date, deliver to

       the Administrative Agent written notice of the Company's
       election to repay Advances in six monthly installments
       equal to one-sixth of the Borrowing Base Deficiency, with
       the first such installment due 30 days after the Deficiency

       Notice Date and each following installment due 30 days
       after the preceding installment; or

   (D) within 20 days after the Deficiency Notice Date, deliver to

       the Administrative Agent written notice of the Company's
       election to combine the options in clause (B) and (C)
       above, and indicating the amount to be repaid in
       installments and the amount to be provided as additional
       Collateral.

                     About Bonanza Creek

Bonanza Creek is an independent energy company engaged in the
acquisition, exploration, development and production of onshore oil
and associated liquids-rich natural gas in the United States.
Bonanza Creek Energy, Inc. was incorporated in Delaware on Dec. 2,
2010, and went public in December 2011.

Bonanza Creek reported a net loss of $745.54 million on $292.67
million of oil and gas sales for the year ended Dec. 31, 2015,
compared to net income of $20.28 million on $558.63 million of oil
and gas sales for the year ended Dec. 31, 2014.

As of March 31, 2016, Bonanza had $1.42 billion in total assets,
$1.25 billion in total liabilities and $165 million in total
stockholders' equity.

                            *    *    *

As reported by the TCR on March 15, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on U.S.-based oil and
gas exploration and production company Bonanza Creek Energy Inc. to
'CCC' from 'B-'.  The outlook is negative.

Bonanza Creek carries a B2 corporate family rating from Moody's
Investors Service.


BRIDGEWERKS CONSTRUCTION: Hires Gary W. Short as Attorney
---------------------------------------------------------
Bridgewerks Construction, LLC seeks permission from the U.S.
Bankruptcy Court for the Western District of Pennsylvania to employ
Gary W. Short as Attorney.

The Debtor requires Mr. Short to represent the Debtor in all legal
matters relating to this Chapter 11 bankruptcy proceeding.

Mr. Short will be paid at $350 per hour.

Prior to the filing of this case, Mr. Short have received $180 for
a retainer for the case and $1,1820 for pre-petition legal
services.

Gary W. Short, Esq., 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.

Gary W. Short may be reached at:

       Gary W. Short
       212 Windgap Road
       Pittsburgh, PA 15237
       Tel: (412)765-0100
       Fax: (412)536-3977
       E-mail: garyshortlegal@gmail.com

Bridgewerks Construction, LLC filed a Chapter 11 petition (Bankr.
W.D. Pa. Case No. 16-21757) on May 9, 2016.


BUDD CO: Court Substantially Reduces Proskauer's Atty Fees
----------------------------------------------------------
Judge Jack B. Schmetterer of the U.S. Bankruptcy Court for the
Northern District of Illinois, Eastern Division, reduced the fees
of Proskauer Rose LLP as counsel for The Budd Company, Inc.,
holding that the work done by the counsel during the time period
was useless work.

The court said Debtor sought a total of $131,500 for the period
August 3 to November 30, 2015, for unnecessary work of re-writing
the Disclosure Statement, which is not yet finished and was not at
all useful either at the time or in retrospect.  During this same
period of time, the UAW counsel -- the lead party attacking the
Disclosure Statement -- billed only $10,459 by raising objections.
The UAW thereby played the Debtor's counsel into a drafting
exercise that was useless and extravagant, Judge Schmetterer.

Judge Schmetterer further held, "Allowing 50% of the fees thereby
sought for such useless work would be generous.  The Fee Examiner
reduced fees on this work by 15%.  The Court will further reduce by
an additional 35%.  Further fee applications by the Debtor and
other parties will be reviewed similarly as to work on the
Disclosure Statement drafting."

A full-text copy of Judge Schmetterer's Opinion dated May 23, 2016,
is available at http://bankrupt.com/misc/BUDD18460523.pdf

                  About The Budd Co. Inc.

The Budd Company, Inc., a former supplier to the automotive
industry, filed for chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 14-11873) on March 31, 2014, with a deal to settle
potential claims against its parent, ThyssenKrupp AG.

The company -- which ceased manufacturing operations in 2006 and
does not have any current employees, facilities or customers --
has
obligations consisting largely of medical and other benefits
to approximately 10,000 former employees.

Liabilities amount to approximately $1 billion with assets of
approximately $400 million. Most of the debt consists largely of
medical and other benefits to approximately 10,000 former
employees.

The Debtor disclosed $387,555,681 in assets and $1,107,350,034 in
liabilities as of the Chapter 11 filing.

The Hon. Jack B. Schmetterer oversees the case.  The Debtor has
tapped Proskauer Rose LLP as Chapter 11 counsel, Dickinson Wright
PLLC as special counsel, Epiq Bankruptcy Solutions, LLC as
noticing, claims and balloting agent, and Conway MacKenzie
Management Services, LLC's Charles M. Moore as CRO.

The U.S. Trustee appointed five individuals to serve on the
Committee of Executive & Administrative Retirees.  The Segal
Company (Eastern States), Inc. serves as the Committee's actuarial
consultant.  The Committee retained Solic Capital Advisors, LLC as
its financial advisor.

Reed Heiligman, Esq., at FrankGecker LLP, in Chicago, Illinois,
represents the ad hoc committee of asbestos personal injury
claimants.


BULOVA TECHNOLOGIES: Incurs $1.37 Million Net Loss in 2nd Quarter
-----------------------------------------------------------------
Bulova Technologies Group, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $1.37 million on $4.98 million of revenues for the
three months ended March 31, 2016, compared to a net loss of $2.20
million on $486,286 of revenues for the three months ended March
31, 2015.

For the six months ended March 31, 2016, the Company reported a net
loss of $3.77 million on $5.40 million of revenues compared to a
net loss of $3.21 million on $961,000 of revenues for the same
period in 2015.

As of March 31, 2016, Bulova had $19.03 million in total assets,
$41.7 million in total liabilities and a total shareholders'
deficit of $22.7 million.

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

                        https://is.gd/eHEsvl

                           About Bulova

Bulova Technologies Group, Inc. was originally incorporated in
Wyoming in 1979 as "Tyrex Oil Company".  During 2007, the Company
divested itself of all assets and previous operations.  During
2008, the Company filed for domestication to the State of Florida,
and changed its name to Bulova Technologies Group, Inc. and changed
its fiscal year from June 30 to September 30.

Bulova reported a net loss of $5.26 million for the year ended
Sept. 30, 2015, compared to a net loss of $3.76 million for the
year ended Sept. 30, 2014.


CAESARS ENTERTAINMENT: Stockholders Elect 3 Directors
-----------------------------------------------------
At the annual meeting of Caesars Entertainment Corporation's
stockholders held May 18, 2016, the stockholders:

   (1) elected Jeffrey Benjamin, Lynn Swann and Fred Kleisner
       as Class I directors to serve until the 2019 annual meeting
       of stockholders of the Company or until their successors
       are elected and qualified;

   (2) adopted an advisory resolution to approve executive
       compensation;

   (3) ratified the appointment of Deloitte & Touche LLP as the
       Company's independent registered public accounting firm for

       the year ending Dec. 31, 2016;

   (4) approved an amendment to the 2012 Plan to increase by
       7,500,000 the number of shares of the Company's common
       stock, par value $0.01 per share, that may be issued under
       the 2012 Plan; and

  (5) approved the Senior Executive Incentive Plan.

                    About Caesars Entertainment

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

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

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

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

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

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

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

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


CANCER GENETICS: Has Direct Offering of $5 Million Common Shares
----------------------------------------------------------------
Cancer Genetics, Inc., announced that it has entered into
definitive agreements with healthcare focused institutional
investors for an offering of shares of common stock with gross
proceeds of approximately $5 million in a registered direct
offering.

Concurrently in a private placement, for each share of common stock
purchased by an investor, such investor will receive from the
Company an unregistered warrant to purchase one-half of a share of
common stock.  The warrants have an exercise price of $2.25 per
share, will be exercisable six months from the date of issuance,
and will expire five years from the initial exercise date.  The
closing of the offering is expected to take place on or about May
25, 2016, subject to the satisfaction of customary closing
conditions.

The Company's Chairman purchased $700,000 of the securities at
market price, $2.2025 per combination of shares and warrants.

Rodman & Renshaw, a unit of H.C. Wainwright & Co., LLC, acted as
the exclusive placement agent in connection with this offering.

Net proceeds from the offering are expected to be approximately
$4,500,000.  Cancer Genetics intends to use the net proceeds from
the offering for general corporate purposes.

The shares of common stock described above (but not the warrants or
the shares of common stock underlying the warrants) are being
offered pursuant to a shelf registration statement (File No.
333-196374).  Those shares of common stock may be offered only by
means of a prospectus, including a prospectus supplement, forming a
part of the effective registration statement.

The warrants and the shares of common stock underlying the warrants
to be issued in the offering have not been registered under the
Securities Act of 1933, as amended, or applicable state securities
laws.  Accordingly, the warrants and underlying shares of common
stock underlying the warrants may not be offered or sold in the
United States except pursuant to an effective registration
statement or an applicable exemption from the registration
requirements of the Securities Act and such applicable state
securities laws.

                     About Cancer Genetics

Rutherford, N.J.-based Cancer Genetics, Inc., is an early-stage
diagnostics company focused on developing and commercializing
proprietary genomic tests and services to improve and personalize
the diagnosis, prognosis and response to treatment (theranosis) of
cancer.

Cancer Genetics reported a net loss of $20.2 million on $18.0
million of revenue for the year ended Dec. 31, 2015, compared to a
net loss of $16.6 million on $10.2 million of revenue for the year
ended Dec. 31, 2014.

As of March 31, 2016, Cancer Genetics had $43.96 million in total
assets, $15.7 million in total liabilities and $28.3 million in
total stockholders' equity.


CAPE COD COMMERCIAL: Taps Darmody Merlino as Accountant
-------------------------------------------------------
Cape Cod Commercial Linen Service, Inc., and This Is It, LLC, seek
permission from the U.S. Bankruptcy Court for the District of
Massachusetts to employ A. Dennis Barbo, CPA, and Darmody, Merlino
& Co., LLP, as accountant.

The Debtor will need the services of a qualified accountant in
order to comply with its obligations under the Bankruptcy Code,
including but not limited to preparing and filing tax returns which
are currently on extension.

The Firm will be paid $125 to $320 per hour for its services.

The Firm has previously provided accounting services to the
Debtors, a portion of which remain unpaid, The Firm has agreed to
waive any and all pre-petition claims it holds against the Debtor.

A. Dennis Barbo, CPA, a partner at the Firm assures the Court that
he and the Firm is a "disinterested person" as that term is defined
in 11 U.S.C. Section 101(14).

The Firm can be reached at:

      A. Dennis Barbo, CPA
      Partner
      Darmody, Merlino & Co., LLP
      75 Federal Street, 15th Floor
      Boston, MA 02110
      Tel: (617) 426-7300 ext. 352
      Main Number: (617) 426-7300
      Fax: 617-426-2245
      E-mail: info@darmodymerlino.com

Cape Cod Commercial Linen Service, Inc., based in Hyannis,
Massachusetts, filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 16-11811) on May 13, 2016.  Hon. Joan N. Feeney presides over
the case.  David B. Madoff, Esq., and Steffani Pelton Nicholson,
Esq., at Madoff & Khoury LLP, serves as counsel to Cape Code
Commercial.   The Debtor's financial advisor is Bruce A. Erickson
of B. Erickson Group, LLC.  In its petition, the Debtor listed
total assets of $1.24 million and liabilities of $4.62 million.
The petition was signed by Jeffrey Ehart, president.

This Is It, LLC, based in Hyannis, Mass., filed a Chapter 11
petition (Bankr. D. Mass. Case No. 16-11813) on May 13, 2016.  Hon.
Joan N. Feeney presides over the case.  This Is It tapped David B.
Madoff, Esq., and Steffani Pelton Nicholson, Esq., at Madoff &
Khoury LLP, as bankruptcy counsel.  In its petition, This Is It
listed $2.20 million in assets and $3.05 million in liabilities.
The petition was signed by Jeffrey Ehart, president/manager.

This Is It and CCCLS have asked the Court to have their Chapter 11
cases jointly administered.


CASPIAN SERVICES: Incurs $2.33 Million Net Loss in 2nd Quarter
--------------------------------------------------------------
Caspian Services, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.33 million on $2.45 million of total revenues for the three
months ended March 31, 2016, compared to a net loss of $6.12
million on $2.66 million of total revenues for the same period in
2015.

For the six months ended March 31, 2016, the Company reported  a
net loss of $19.14 million on $6.11 million of total revenues
compared to a net loss of $8.99 million on $8.76 million of total
revenues for the six months ended March 31, 2015.

As of March 31, 2016, the Company had $33.38 million in total
assets, $114.33 million in total liabilities, all current, and a
total deficit of $80.94 million.

At March 31, 2016, the Company had cash on hand of $1,096,000
compared to cash on hand of $1,372,000 at Sept. 30, 2015.  At March
31, 2016, total current liabilities exceeded total current assets
by $105,891,000.  This was mainly attributable to the Balykshi and
MOBY Loans, the put option and the Investor's Notes being
classified as current liabilities.

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

                     https://is.gd/6v06QA

                     About Caspian Services

Headquartered in Salt Lake City, Caspian Services, Inc., was
incorporated under the laws of the state of Nevada on July 14,
1998.  Since February 2002 the Company has concentrated its
business efforts to provide diversified oilfield services to the
oil and gas industry in western Kazakhstan and the Caspian Sea,
including providing a fleet of vessels, onshore, transition zone
and marine seismic data acquisition and processing services and a
marine supply and support base in the port of Bautino, in Bautino
Bay, Kazakhstan.

Caspian reported a net loss of $33.2 million on $16.4 million of
total revenues for the year ended Sept. 30, 2015, compared to a net
loss of $18.8 million on $29.9 million of total revenues for the
year ended Sept. 30, 2014.

Haynie & Company, P.C., in Salt Lake City, Utah, the Company's
independent accounting firm, included a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2015.


CATHEDRAL PINES: Moody's Assigns Ba2 Rating on $4.95MM GO Bonds
---------------------------------------------------------------
Moody's Investors Service has assigned an initial Ba2 to Cathedral
Pines Metropolitan District's, CO $4.95 million General Obligation
Refunding Bonds, Series 2016.  The outlook is stable.

The Ba2 rating assignment is based on the district's small tax base
with favorable resident wealth indices, negative fund balance
levels driven by large liabilities, and a high debt burden. Despite
the unlimited taxing authority for debt repayment, the Ba2 also
reflects the potential risk of diminishing the operating levy if
debt service requires greater than 40 mills.  The Ba2 rating
further incorporates the speculative elements of the proposed debt
restructuring, including the extension of the original maturities
by nine years as well as the lack of a trustee.

Rating Outlook

The stable outlook reflects the expectation that the district's
economy and assessed values will experience modest growth over the
near term future given ongoing homebuilding.  The outlook also
incorporates the district's unfavorable General Fund balance
position that is expected to remain negative over the forseeable
future, which is not expected to materially impact overall
operations.

Factors that Could Lead to an Upgrade

  Significant tax base expansion coupled with reduction in the
   debt as a percent of the base

  Reduction of General Fund liabilities and demonstrated trend of
   adequate reserve levels

Factors that Could Lead to a Downgrade

  Contraction of taxable assessed values leading to higher debt
   burden

  Large General Fund liability starts to affect annual operations
   of the district

  If overall millage cap and debt service levy needs prevent
   district from levying an operating tax rate

Legal Security

The bonds are general obligations of the district secured by a
pledge of the full faith and credit of the district and payable
from general ad valorem taxes which may be levied against all
taxable property within the district without limitation of rate and
in an amount sufficient to pay the bonds when due.

Use of Proceeds

The bonds will be used to refund a portion of the district's
outstanding Series 2008 bonds (sinking fund payments 2018 through
2037).  There is no economic savings associated with the
refunding.

Obligor Profile

The district is a quasi-municipal corporation and a political
subdivision of the State formed on November 8, 2004, for the
purpose of providing street, safety protection, park and recreation
and transportation improvements.  The district contains
approximately 765 acres of property approximately 15 miles
northeast of the city center of the City of Colorado Springs, which
is located in the southern portion of the Denver metropolitan
area.

Methodology

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


CEETOP INC: Incurs $89,000 Net Loss in First Quarter
----------------------------------------------------
Ceetop Inc. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $88,713 on
$0 of sales for the three months ended March 31, 2016, compared to
a net loss of $121,358 on $0 of sales for the same period in 2015.

As of March 31, 2016, Ceetop had $3.21 million in total assets,
$1.24 million in total liabilities, all current, and $1.96 million
in total stockholders' equity.

As of March 31, 2016, the Company had total current assets of
$1,063,029 and total current liabilities of $1,247,438.  The
Company's cash flows from operating activities for the months ended
March 31, 2016 resulted in cash used of $19,344.  The Company's
cash flow provided by financing activities for the three months
ended March 31, 2016 was $18,252.  The Company has a working
capital deficiency of $184,409 and a shareholders' equity of
$1,968,656 as of March 31, 2016.  Primarily as a result of the
Company's recurring losses and its lack of liquidity, the Company
had received a report from its independent registered public
accounting firm for its financial statements for the year ended
December 31, 2015 that included an explanatory paragraph describing
the uncertainty as to the Company's ability to continue as a going
concern.

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

                     https://is.gd/DLFATS
                       About Ceetop Inc.

Oregon-based Ceetop Inc., formerly known as China Ceetop.com,
Inc., owned and operated the online retail platform before 2013.
Due to excessive competition in online retail, the Company has
transformed itself into an integrated supply chain services
provider, and focuses on B to B supply chain management and
related value-added services among enterprises.

Ceetop reported a net loss of $599,847 on $0 of sales for the year
ended Dec. 31, 2015, compared to a net loss of $1.41 million on
$361,887 of sales for the year ended Dec. 31, 2014.

The Company's auditors MJF& Associates, APC, in Los Angeles,
California, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2015,
citing that the Company incurred recurring losses from operations,
has a net loss of $599,847 and $1,415,949 for the years ended
December 31, 2015 and 2014, respectively, and has accumulated
deficit of $10,621,441 at December 31, 2015.


CEETOP INC: Unit Sells Interest in Softview for $1.2 Million
------------------------------------------------------------
Guizhou Ceetop Group Holding Co., Limited, a subsidiary of Ceetop
Inc., entered into an agreement whereby it sold its equity interest
in Softview, with an original value of $1,317,968 (8,500,000 RMB),
to Softview for $1,162,913 (7,500,000 RMB).  The Purchase Price was
payable as follows: offsetting by Softview of $1,007,858 (6,500,000
RMB) owed to it by GZ Ceetop , 500,000 RMB payable before March 1,
2017, and 500,000 RMB payable before
May 1, 2017, respectively.

                      About Ceetop Inc.

Oregon-based Ceetop Inc., formerly known as China Ceetop.com,
Inc., owned and operated the online retail platform before 2013.
Due to excessive competition in online retail, the Company has
transformed itself into an integrated supply chain services
provider, and focuses on B to B supply chain management and
related value-added services among enterprises.

Ceetop reported a net loss of $599,847 on $0 of sales for the year
ended Dec. 31, 2015, compared to a net loss of $1.41 million on
$361,887 of sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Ceetop Inc. had $3.22 million in total assets,
$1.16 million in total liabilities, all current, and $2.05 million
in total stockholders' equity.

The Company's auditors MJF& Associates, APC, in Los Angeles,
California, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2015,
citing that the Company incurred recurring losses from operations,
has a net loss of $599,847 and $1,415,949 for the years ended
December 31, 2015 and 2014, respectively, and has accumulated
deficit of $10,621,441 at December 31, 2015.


CELTIC CONCEPTS: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Celtic Concepts, Ltd.
           dba The Goose's Acre Bistro and Irish Pub
           dba The Goose's Acre
        21 Waterway Ave., #140
        The Woodlands, TX 77380

Case No.: 16-32610

Chapter 11 Petition Date: May 24, 2016

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

Judge: Hon. Marvin Isgur

Debtor's Counsel: Matthew Brian Probus, Esq.
                  WAUSON & PROBUS
                  One Sugar Creek Ctr Blvd, Ste 880
                  Sugar Land, TX 77478
                  Tel: 281-242-0303
                  Fax: 281-242-0306
                  E-mail: mbprobus@w-plaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Brian Young, president of Ceana, LLC,
general partner.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txsb16-32610.pdf


CHAPARRAL ENERGY: Posts $138 Million Net Loss for March 31 Quarter
------------------------------------------------------------------
Chaparral Energy, Inc. filed with the Securities and Exchange
Commission its Form 10-Q report for the quarterly period ended
March 31, 2016.

Chaparral posted a net loss of $138,406,000 for the quarter,
compared to a net income of $4,248,000 for the same period a year
ago.

Revenues (commodity sales) were $48,239,000 for the quarter,
compared to $93,079,000 for the same period a year ago.

Chaparral sought Chapter 11 creditor protection earlier this month
after electing on March 1 and April 1, 2016, not to make interest
payments on its 8.25% Senior Notes and 9.875% Senior Notes,
respectively. Under the indenture governing these Senior Notes, the
failure to make the interest payments was subject to a 30-day grace
period before constituting an event of default.  The Company did
not make either interest payment on the Senior Notes within their
respective 30-day grace periods and as a result, are currently in
default under the indentures governing these Senior Notes.

As part of the restructuring efforts, the Company is negotiating a
Restructuring Support Agreement with certain holders of its Senior
Notes. The RSA contemplates that the holders of Senior Notes will
convert their Senior Notes into equity of the reorganized Company,
effectuated through a plan of reorganization in bankruptcy. The RSA
also contemplates deadlines for the following bankruptcy related
proceedings: (i) the filing of a plan and disclosure statement,
(ii) a hearing to approve the disclosure statement and (iii) a
confirmation hearing.

The Company also is in negotiations with the agent for the lenders
under the Credit Facility with respect to the treatment of their
claims and certain other matters relating to a possible
restructuring. At the time of filing of the Form 10-Q, no agreement
has been reached regarding a restructuring of the Credit Facility
or the Senior Notes, and there can be no assurances that such
agreements will be reached.

A copy of the SEC report is available at https://is.gd/kbc19F


                      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.

At March 31, 2016, the Company had total assets of $1,229,373,000,
total current liabilities of $1,940,742,000 and total stockholders'
deficit of $759,546,000.

Chaparral Energy, Inc. and its 10 affiliates sought protection
under Chapter 11 of the Bankruptcy Code in the District of 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 Richard Levy, Esq., Keith Simon,
Esq., David McElhoe, Esq., and Marc Zelina, Esq.,  at Latham &
Watkins LLP; and Mark D. Collins, Esq., at Richards, Layton &
Finger, P.A., as counsel.  Kurtzman Carson Consultants LLC serves
as administrative advisor.

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.


CHC GROUP: Akin Gump Represents Ad Hoc Noteholder Group
-------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the Ad Hoc Noteholder Group filed with the U.S. Bankruptcy Court
for the Northern District of Texas a verified statement, saying
that it has engaged Akin Gump Strauss Hauer & Feld LLP to represent
it in connection with the potential restructuring of the Debtors.

Akin Gump represents the Ad Hoc Noteholder Group in connection with
the Debtors' Chapter 11 cases.  Akin Gump does not represent or
purport to represent any other entities in connection with these
Chapter 11 cases.  Akin Gump does not represent the Ad Hoc
Noteholder Group as a committee and does not undertake to represent
the interests of, and is not a fiduciary for, any creditor, party
in interest, or entity other than the Ad Hoc Noteholder Group.  In
addition, the Ad Hoc Noteholder Group does not represent or purport
to represent any other entities in connection with the Debtors'
Chapter 11 cases.

The members of the Ad Hoc Noteholder Group either hold claims or
manage funds and accounts that hold claims against the Debtors'
estates arising on account of the Senior Secured Notes, and certain
members of the Ad Hoc Noteholder Group also hold claims on
account of other debt issued by the Debtors.  

In accordance with Bankruptcy Rule 2019, members of the Ad Hoc
Noteholder Group and "the nature and amount of all disclosable
economic interests" in relation to the Debtors reported to Akin
Gump are:

      a. AllianceBernstein L.P.
         1345 Avenue of the Americas
         New York, NY 10105
         Secured Notes: $123,098,400
         Senior Unsecured Notes: $4,676,750

      b. Bain Capital Credit, LP
         200 Clarendon Street Boston, MA 02116
         Secured Notes: $226,536,300
         Revolving Facility: $29,990,000

      c. Carl Marks Management Company
         900 Third Avenue, 33rd Floor
         New York, NY 10022
         Secured Notes: $65,716,200

      d. Franklin Advisers, Inc.
         One Franklin Parkway,
         Building 970, 1st Floor
         San Mateo, CA 94403
         Secured Notes: $167,639,400
         Senior Unsecured Notes: $25,262,502

      e. Tennenbaum Capital Partners
         2951 28th Street, Suite 1000
         Santa Monica, CA 90405
         Secured Notes: $41,809,500

Additional holders of Senior Secured Notes may become members of
the Ad Hoc Noteholder Group, and certain members of the Ad Hoc
Noteholder Group may cease to be members in the future.

The Ad Hoc Noteholder Group's attorneys can be reached at:

         Marty L. Brimmage, Jr., Esq.
         AKIN GUMP STRAUSS HAUER & FELD LLP
         1700 Pacific Avenue, Suite 4100
         Dallas, TX 75201-4624
         Tel: (214) 969-2800
         Fax: (214) 969-4343
         E-mail: mbrimmage@akingump.com

                     and

         Michael S. Stamer, Esq.
         Jason P. Rubin, Esq.
         AKIN GUMP STRAUSS HAUER & FELD LLP
         One Bryant Park
         New York, New York 10036
         Tel: (212) 872-1000
         Fax: (212) 872-1002
         E-mail: mstamer@akingump.com
                 jrubin@akingump.com

                     and

         James Savin, Esq.
         AKIN GUMP STRAUSS HAUER & FELD LLP
         1333 New Hampshire Avenue, N.W.
         Washington, DC 20036
         Tel: (202) 887-4000
         Fax: (202) 887-4288
         E-mail: jsavin@akingump.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.


CHC GROUP: Hires PJT Partners as Financial Advisor
--------------------------------------------------
CHC Group Ltd., and its debtor-affiliates seek permission from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
PJT Partners LP as Financial Advisor for the Debtors, nunc pro tunc
to May 5, 2016.

The Debtors require PJT to:

     a. assist in the evaluation of the Debtors' business and
prospects;

     b. assist in the development of the Debtors' long term
business plan and related financial projections;

     c. assist in the development of financial data and
presentations to the Debtors' Board of Directors, various creditors
and other third parties;

     d. analyze the Debtors' financial liquidity and evaluate
alternatives to improve such liquidity;

     e. analyze various restructuring scenarios and the potential
impact of these scenarios on the recoveries of those stakeholders
impacted by the Restructuring;

     f. provide strategic advice with regard to restructuring of
refinancing the Debtors' Obligations;

     g. evaluate the Debtors' debt capacity and alternative capital
structures;

     h. participate in negotiations among the Debtors and their
creditor, suppliers, lessors and other interested parties;

     i. value securities offered by the Debtors in connection with
Restructuring;

     j. advise the Debtors and negotiate with lenders with respect
to potential waivers or amendments of various credit facilities;

     k. assist in arranging financing for the Debtors, as
requested;

     l. perform and provide a valuation analysis of the Debtors;

     m. provide expert witness testimony concerning any of the
subjects encompassed by the other services; and

     n. provide such other advisory services as are customarily
provided in connection with the analysis and negotiation of a
Restructuring, as requested and mutually agreed.

The Debtors have agreed to pay Intrepid the proposed compensation
and expense reimbursements in the Engagement Letter.

     a. The Debtors shall pay PJY a monthly advisory fee in the
amount of $150,000 per month, in cash, payable in advance on each
monthly anniversary of the Effective Date.  One-half of any monthly
fee paid subsequent to the sixth Month Fee will be creditable
against the Restructuring Fee.

     b. The Debtors shall pay a restructuring fee equal to
$5,000,000.  The Restructuring Fee will be earned on consummation
of the Restructuring, and payable, in immediately available funds,
upon consummation of the Restructuring.  Notwithstanding, (a) a
Restructuring specifically shall be deemed to exclude any
assumption at face value of Obligations in connection with the sale
or disposition of any subsidiaries, joint ventures, assets or lines
of business of the Company and (b) the restructured Obligations
shall excluded any Obligations in respect of which a Restructuring
Fee has previously been paid.

     c. The Debtors agreed to reimburse PHT for all reasonable
documented out-of-pocket expenses incurred during the engagement,
including, but not limited to, travel and lodging , direct
identifiable data processing, document production, publishing
services and communication charges, courier services, working
meals, reasonable documented fees and expenses of PJT's counsel and
other necessary expenditures, payable upon rendition of invoices
setting forth in reasonable detail the nature and amount of such
expenses. In connection therewith, the Debtors paid PJT on the
Effective Date and maintained thereafter a USD$25,000 expenses
advance for which PJT shall account upon termination of the
Engagement Letter.

        Further, in connection with the reimbursement, contribution
and indemnification provisions set forth in the Engagement Letter
and Attachment A to the Engagement Letter, the Debtors agree to
reimburse each Indemnified Party for all reasonable and documented
expenses (including fees, expenses and disbursements of counsel) as
they are incurred in connection with investigating, preparing,
pursuing, defending, or otherwise responding to, or assisting in
the defense of any action, claim, suit investigation or proceeding
related to, arising out of or in connection with the Engagement or
the Indemnification Agreement, whether or not pending or
threatened, whether or not any Indemnification Party is a party,
whether or not resulting in any liability and whether or not such
action, claim, suit, investigation or proceeding is initiated or
brought by the Debtors.

Michael J. Genereux, Partner in the Restructuring and Special
Situations Group at PJT Partners LP, 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.

PJT can be reached at:

     Michael J. Genereux
     PJT Partners LP
     280 Park Avenue
     New York, NY 10017
     Tel: +1 212.364.7800
     E-mail: info@pjtpartners.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 (Bankr. N.D. Tex. Case No. 16-31854) on May 5, 2016. 

As
of Jan. 31, 2016, CHG had $2.16 billion in total assets and
$2.19
billion in total liabilities.  The Debtors have hired Weil, Gotshal
& Manges LLP as counsel,
Debevoise & Plimpton LLP as special
aircraft counsel, PJT Partners LP as investment banker, Seabury
Corporate Advisors LLC as financial advisor, CDG Group, LLC as
restructuring advisor, and Kurtzman Carson Consultants LLC as
claims and noticing agent.

The Office of the U.S. Trustee on May 13, 2016, appointed five
creditors of CHC Group Ltd. to serve on the official committee of
unsecured creditors.


CHIEF POWER: S&P Lowers Rating on $351MM Sr. Sec. Facility to 'B+'
------------------------------------------------------------------
S&P Global Ratings said it lowered its rating on Chief Power
Finance LLC's $351 million senior secured term loan B facility due
2020 and $44 million senior secured working capital revolving
credit facility due 2019 to 'B+' from 'BB'.  S&P removed the
ratings from CreditWatch, where it placed them with negative
implications on Feb. 16, 2016.  The outlook is negative.  The '1'
recovery rating is unchanged, and indicates that lenders can expect
to realize 90% to 100% of principal if a default occurs.

The rating downgrade on Chief Power reflects ongoing weak market
conditions in the PJM Interconnection market and an increasingly
disadvantaged operating climate for coal-fired plants.  The
project's plants--Keystone and Conemaugh--significantly
underperformed relative to S&P's expectations in 2015, both
operationally and financially.  Keystone had several unplanned
forced outages, and both had lower-than-expected capacity factors
due to mild weather and weak demand, as well as declining economics
of coal-fired generation.  Persistently low power prices, spurred
by lower gas prices, generated low revenues, and so no cash was
swept on the term loan in 2015 and the project fully drew its $44
million revolving credit facility.  The higher-than-expected debt
balance augments refinancing risk and lowers debt service coverage
ratios (DSCR).  S&P views this as a weakening of credit quality.

"The negative outlook reflects our view that there is a
one-in-three chance that continued challenging market conditions or
unexpected operational underperformance could generate
lower-than-expected cash flows and could lead to another
downgrade," said S&P Global Ratings credit analyst Kimberly
Yarborough.

S&P expects demand to remain lackluster in the PJM and power prices
to remain depressed in the near term due to persistently low
natural gas prices.

The project entered into a daily call option to sell 450
megawatt-hours (MWh) per day, with a strike price of $34.50 per MWh
on-peak and $24.50 per MWh off-peak.  This somewhat boosted the
project's liquidity and improved cash flow stability, which had
been depleted by the funding of ongoing operations with the
revolving credit facility in 2015.

Reduced capacity factors have led to excess coal inventories (more
than 100 days of burn), which have hurt Chief Power's liquidity.
However, the project has successfully renegotiated contracts with
suppliers and used truck handling facilities at Keystone to blend
cheaper, low quality coal effectively, thereby reducing fuel costs.
S&P assumes slightly lower coal costs for 2016 as the project
works to deplete its stockpile and purchases less from suppliers.


CHINA GINSENG: Incurs $620,000 Net Loss in Second Quarter
---------------------------------------------------------
China Ginseng Holdings, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss of $620,317 on $253,619 of revenues for the three months
ended March 31, 2016, compared to a net loss of $569,633 on $15,148
of revenues for the three months ended March 31, 2015.

The Company also reported a net loss of $3.14 million on $315,365
of revenues for the six months ended March 31, 2016 compared to a
net loss of $1.88 million on $167,362 of revenues for the same
period in 2015.

As of March 31, 2016, China Ginseng had $8.66 million in total
assets, $21.40 million in total liabilities and a total
stockholders' deficit of $12.73 million.

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

                        https://is.gd/Xnnsqa

                        About China Ginseng

Changchun City, China-based China Ginseng Holdings, Inc., conducts
business through its four wholly-owned subsidiaries located in
China.  The Company has been granted 20-year land use rights to
3,705 acres of lands by the Chinese government for ginseng
planting and it controls, through lease, approximately 750 acres
of grape vineyards.  However, recent harvests of grapes showed
poor quality for wine production which indicates that the
vineyards are no longer suitable for planting grapes for wine
production.  Therefore, the Company has decided not to renew its
lease for the vineyards with the Chinese government upon
expiration in 2013 and, going forward, it intends to purchase
grapes from the open market in order to produce grape juice and
wine.

China Ginseng reported a net loss of $3.90 million on $272,600 of
revenue for the year ended June 30, 2015, compared with a net loss
of $4.76 million on $2.61 million of revenue for the year ended
June 30, 2014.

Cowan, Gunteski & Co., P.A., in Tinton Falls, NJ, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2015, citing that the Company had net
losses of $3.90 million and $4.76 million for the years ended
June 30, 2015 and 2014, respectively, an accumulated deficit of
$18.1 million at June 30, 2015 and a working capital deficit of
$16.5 million at June 30, 2015, and there are existing uncertain
conditions the Company faces relative to its ability to obtain
working capital and operate successfully.  These conditions raise
substantial doubt about its ability to continue as a going concern.


CHS/COMMUNITY HEALTH: Moody's Lowers CFR to B2, Outlook Stable
--------------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
CHS/Community Health Systems, Inc. to B2 from B1.  The Probability
of Default Rating was also downgraded to B2-PD from B1-PD.
Further, Community's senior secured bank debt and senior secured
bonds have been downgraded to Ba3 (LGD 2) from Ba2 (LGD 2) and its
unsecured notes have been downgraded to Caa1 (LGD 5) from B3 (LGD
5).  Community's Speculative Grade Liquidity Rating was affirmed at
SGL-2.  The rating outlook has been revised to stable from
negative.

"The downgrade of Community's Corporate Family Rating to B2
reflects our expectation that financial leverage will remain high
with debt to EBITDA above 5.5 times over the near term and that
deleveraging to acceptable levels will take longer than
anticipated," stated Dean Diaz, Moody's Senior Vice President.
"Further reduction in leverage will depend on the company's ability
to successfully turn around operations at underperforming hospitals
and maximize recently announced asset sales," continued Diaz.

The stable rating outlook reflects Moody's expectation that the
company will begin to realize EBITDA growth and improved operating
results from recent actions, but that the company's ability to
meaningfully reduce leverage is modest.  Moody's also expects that
Community will refrain from additional debt financed acquisitions
and share repurchases until leverage is reduced.

The affirmation of the SGL-2 rating reflects Moody's expectation
that Community will maintain good liquidity, characterized by
modest and growing free cash flow and ample availability under its
revolving credit facility.

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 bank credit facilities to Ba3 (LGD 2) from Ba2
   (LGD 2)
  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

Community's B2 Corporate Family Rating reflects Moody's expectation
that the company will continue to operate with very high financial
leverage over the next 12 to 18 months.  While asset sales will
allow the company to repay debt, the impact on leverage will be
limited given the significant amount of debt outstanding and the
foregone EBITDA.  Supporting the rating is Moody's acknowledgment
of Community's large scale and strong market presence, which
remains significant even after the spin-off of 38 facilities and a
hospital management business into Quorum Health Corporation and
other planned divestitures.  Moody's anticipates that the company
will continue to see stable to improving margin performance in the
near term from a number of operational improvement initiatives.

Moody's could upgrade the ratings if operational initiatives result
in volume growth that remains on par with the peer group and good
liquidity is maintained.  Further, Community will have to reduce
and sustain debt to EBITDA at close to 5.0 times for a ratings
upgrade.

If the company is not able to sustain debt to EBITDA below 6.0
times, the ratings could be downgraded.  The ratings could also be
downgraded if Community completes a significant debt financed
acquisition or share repurchase.  Finally, if liquidity weakens,
either because of operational shortfalls or adverse developments
related to ongoing investigations, Moody's could downgrade the
ratings.

CHS/Community Health Services, Inc., headquartered in Franklin,
Tennessee, is an operator of general acute care hospitals in
non-urban and mid-sized markets throughout the US. Community
recognized approximately $19.5 billion in revenue for the twelve
months ended March 31, 2016.

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


CINQUE TERRE: Subpoena Against Rothenberg Modified
--------------------------------------------------
Judge James L. Garrity, Jr., of the U.S. Bankruptcy Court for the
Southern District of New York vacated in part his April 29, 2016,
order and quashed the May 2, 2016, subpoena commanding Richard
Rothenberg to produce various documents and information relating to
Cinque Terre Financial Group Limited.

Mr. Rothenberg filed the motion to vacate on the ground that the
mere fact of producing any of the document violates his Fifth
Amendment right to self-incrimination.

The Court concludes that because Rothenberg was the Debtor's Chief
Financial Officer at the time the April Order and Subpoena were
issued, and that the Subpoena was issued to Rothenberg in his
capacity as a representative of Cinque Terre, Rothenberg was a
"custodian," within the meaning of the term used in Braswell v.
United States, 487 U.S. 99 (1988), Rothenberg is not entitled to
assert the "act of production" privilege under the Fifth Amendment
with respect to the production of Cinque Terre's corporate
documents.

Accordingly, pursuant to Rule 45 of the Federal Rules of Civil
Procedure, made applicable by Rule 9016 of the Federal Rules of
Bankruptcy Procedure, the Court modifies and limits the scope of
the Subpoena to require the production of Cinque Terre’s
corporate records in Rothenberg's possession, custody or control.
In addition, the Court modifies paragraph 2 of the April Order to
direct Rothenberg to immediately provide counsel to the Liquidator
with the computer files and/or network stored files of Cinque Terre
in his possession, custody or control, and paragraphs 3 and 4 of
that order to direct Rothenberg to turnover only the corporate
files, documents and emails of Cinque Terre in his possession,
custody or control.

A full-text copy of Judge Garrity's May 24, 2016 Memorandum
Decision is available at http://bankrupt.com/misc/CINQUE680524.pdf


APPEARANCES:

          Eugene Getty, Esq.
          KELLNER, HERLIHY, GETTY & FRIEDMAN, LLP
          470 Park Avenue South
          7th Floor North
          New York, NY 10016
          Email: efg@khgflaw.com

             -- and --

          Gregory Grossman, Esq.
          ASTIGARRAGA, DAVIS MULLINS & GROSSMAN, PA
          1001 Brickell Bay Drive
          9th Floor
          Miami, FL 33131
          Email: ggrossman@astidavis.com

             -- and --

          Andrew St. Laurent, Esq.
          HARRIS, ST. LAURENT & CHAUDHRY LLP
          40 Wall Street, 53rd Floor
          New York, NY 10005
          Email: andrew@sc-harris.com

             -- and --

          Warren E. Gluck, Esq.
          Christopher R. Nolan, Esq.
          HOLLAND & KNIGHT LLP
          31 West 52nd Street
          New York, NY 10019
          Email: warren.gluck@hklaw.com
                 chris.nolan@hklaw.com

             About Cinque Terre

Cinque Terre is a limited liability company formed on or about
March 12, 2008, under the laws of the BVI.  At all material times,
Cinque Terre maintained its registered office at Craigmuir
Chambers, Road Town, Tortola, British Virgin Islands.

Before the commencement of the BVI Liquidation, Cinque Terre
purports to have been engaged in the business of international oil
transactions.  This business may have included purchasing and
selling oil and bunker (marine) fuel for resale to end users or to
brokers, investing in hedging transactions and other derivatives
related to fuel/oil sales and providing trading and logistics
support in connection with international oil/bunker fuel sales.
In
some cases, Cinque Terre appears to have entered into joint
ventures with trading partners or investors to finance its
activities, while in other cases Cinque Terre appears to have
obtained financing for its investments.

Stuart C Mackeller, Liquidator, filed a Chapter 15 Petition for
Cinque Terre Financial Group Limited (Bankr. S.D.N.Y., Case No.
16-11086) on April 27, 2016.  The Chapter 15 Petitioner's Counsel
is Eugene F. Getty, Esq., at Kellner Herlihy Getty & Friedman, LLP,
in New York.


CLAIRE'S STORES: Files Conflicts Minerals Report with SEC
---------------------------------------------------------
Claire's Stores, Inc. has reviewed its entire product line and
determined that tin, tantalum, tungsten and gold, which are
included under the definition of "Conflict Minerals", are necessary
to the functionality or production of some of its products,
primarily jewelry and technology accessories.  In 2015, Claire's
contracted for the manufacture of products containing the above
Conflict Minerals but did not directly manufacture products
containing the Conflict Minerals.

Claire's implemented a Conflict Minerals Policy by taking the
following steps in fiscal year 2013:

  1. A Conflict Minerals requirement was added to its Vendor
     Policy, which delineates the contractual requirements of
     doing business with Claire's.  Specifically, vendors are
     required to undertake reasonable due diligence within their
     supply chains to ensure that Conflict Minerals are being
     sourced from mines and smelters that do not contribute to the

     funding of armed groups within the Conflict Region.

  2. A separate communication was sent to all of Claire's vendors
     stating its support of ending the human rights abuses
     associated with the mining of Conflict Minerals from the
     Conflict Region.

Conflict Minerals Disclosure:

"Claire's conducted a good faith country of origin inquiry of its
vendors regarding the origin of Conflict Minerals used in the
production of its products.  The inquiry was conducted by means of
a survey that was sent to our vendors.  The survey was based on the
EICC-GeSI template in order to determine whether those Conflict
Minerals present in our products originated in the Democratic
Republic of the Congo or an adjoining country or arose from
recycled or scrap sources.  Claire's reviewed the responses
received from vendors, and contacted the vendors whose survey was
incomplete to gather additional information.  The survey results
revealed that Claire's Conflict Minerals either arose from scrap or
recycled sources or originated from countries other than the
Democratic Republic of the Congo or adjoining countries (the
"Conflict Region").  Based on all of the responses received, we
have no reason to believe that the Conflict Minerals may have
originated in the Democratic Republic of the Congo or an adjoining
country and/or reasonably believe that the Conflict Minerals did
come from recycled or scrap sources."

                    About Claire's Stores

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

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

                           *     *     *

The TCR reported on April 11, 2016, that Moody's Investors Service
downgraded Claire's Stores, Inc. Corporate Family Rating (CFR) and
Probability of Default Rating to Caa3 and Caa3-PD, respectively.
"[The] downgrades reflect our view that there is an acute
likelihood of a debt restructuring ahead of the June 2017 maturity
of Claire's subordinated notes due to continuing erosion of
liquidity and weak operating performance," stated Moody's Vice
President Charlie O'Shea.

As reported by the TCR on May 20, 2016, S&P Global Ratings raised
its corporate credit rating on Florida-based Claire's Stores Inc.
to 'CCC-' from 'SD'.  The outlook is negative.


COATES INTERNATIONAL: CEO Makes $100,000 Additional Investment
--------------------------------------------------------------
George J. Coates, president, chief executive officer and majority
shareholder of Coates International Ltd., converted $100,000 of 17%
promissory notes including $52,000 of accrued interest, due from
the Company to Mr. Coates, into unregistered, restricted shares of
common stock of the Company at the closing price per share of
$0.0011 on May 19, 2016.  These promissory notes arose from cash
lent to the Company for working capital purposes from Mr. Coates'
personal funds.  Accordingly, the Company issued 90,909,091
restricted shares of its common stock to Mr. Coates. This
transaction improves the Company's balance sheet by reducing
current liabilities by $100,000 and reducing the amount of the
stockholders' deficiency by the same amount.

It should be noted that Mr. Coates has demonstrated his substantial
commitment to and faith in the Company as evidenced by his deferral
of all of his salary for more than the last three years since
January 2013 amounting to approximately $827,000.  In addition, Mr.
Coates has been providing working capital to fund the Company's
operations from time to time since September 2010 in the form of
17% promissory notes.  As of May 19, 2016, the balance due to Mr.
Coates, consisting of unpaid accrued interest was approximately
$305,000.  Furthermore, Bernadette Coates, the spouse of Mr. Coates
is owed a total of approximately $289,000 in unpaid deferred salary
since the January 2013 and promissory notes from working capital
provided to the Company from time to time since April 2012,
including accrued interest thereon.

Company management believes that Mr. Coates' investment of $100,000
represents a vote of confidence in the Company's ability to carry
out its business plan to manufacture and distribute the world-wide
patented Coates Spherical Rotary Valve system technology products.

Mr. Coates stated: "I agreed to convert these promissory notes
because I wanted to express my continued confidence in the Company
and also felt that the recent trading price range of our stock made
this an attractive opportunity."

The Company gives no assurance that it will be successful in any of
its endeavors.

                         About Coates

Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on August 31, 1988, for the purpose of researching,
patenting and manufacturing technology associated with a spherical
rotary valve system for internal combustion engines.  This
technology was developed over a period of 15 years by Mr. George
J. Coates, who is the President and Chairman of the Board of the
Company.

The Coates Spherical Rotary Valve System (CSRV) represents a
revolutionary departure from the conventional poppet valve.  It
changes the means of delivering the air and fuel mixture to the
firing chamber of an internal combustion engine and of expelling
the exhaust produced when the mixture ignites.

Coates International reported a net loss of $10.2 million on
$94,200 of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.8 million on $19,200 of
total revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, Coates had $2.42 million in total assets,
$7.56 million in total liabilities, and a total stockholders'
deficiency of $5.14 million.

Cowan, Gunteski & Co., P.A., in Tinton Falls, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company continues to have negative cash flows from operations,
recurring losses from operations, and a stockholders' deficiency.
These conditions raise substantial doubt about its ability to
continue as a going concern.


COMPASSIONATE CARE OF NJ: Hires Timothy Bluish as Accountant
------------------------------------------------------------
Compassionate Care of NJ asks for permission from the U.S.
Bankruptcy Court for the District of New Jersey to employ Timothy
Bluish, CPA, as accountant.

The Debtor-in-Possession needs assistance in preparing tax returns
and financial documents.  Mr. Bluish will prepare tax returns,
monthly operating reports, and financial statements, among others.
He will be paid $200 per hour for his services.

Mr. Bluish assures the Court that he doesn't hold nor represent an
adverse interest to the estate and is disinterested under 11 U.S.C.
Section 101(14).

The accountant can be reached at:

      Timothy J. Bluish, Accountant
      14 Hluchy Road, Robbinsville, NJ 08691
      Tel: (609) 259-1174

Compassionate Care of NJ filed for Chapter 11 bankruptcy protection
(Bankr. D. N.J. Case No. 16-19212) on May 11, 2016.

James J. Cerbone, Esq., who has an office in Wall, New Jersey,
serves ash the Debtor's bankruptcy counsel.


COMPASSIONATE CARE OF NJ: Taps James J. Cerbone as Bankr. Counsel
-----------------------------------------------------------------
Compassionate Care of NJ seeks permission from the U.S. Bankruptcy
Court for the District of New Jersey to employ James J. Cerbone,
Esq., as attorney, to evaluate the Debtor's financial condition,
address creditors claims and prepare and file a plan of
reorganization.

Mr. Cerbone will also represent the Debtor in its Chapter 11 case,
examine the Debtor's financial affairs and assist the Debtor in
preparing a Chapter 11 plan of reorganization.

Mr. Cerbone will be paid $350 per hour for his services, while his
associates will be paid $250 per hour.  Mr. Cerbone has received a
$6500 retainer.

Mr. Cerbone assures the Court that he doesn't hold and represent an
adverse interest to the debtor or the estate with respect to the
matter for which I will be retained under 11 U.S.C. Sec. 327(e) and
is disinterested under 11 U.S.C. Sec. 101(14).

Mr. Cerbone can be reached at:

      JAMES J. CERBONE, ESQ.
      2430 Route 34
      Building B, Suite 22
      Wall, NJ 08736
      Tel: (732) 681-6800

Compassionate Care of NJ filed for Chapter 11 bankruptcy protection
(Bankr. D. N.J. Case No. 16-19212) on May 11, 2016.


D&E GENERAL: Case Summary & 14 Unsecured Creditors
--------------------------------------------------
Debtor: D&E General Partnership
        5201 Kingston Pike
        Suite 6-366
        Knoxville, TN 37919-5026

Case No.: 16-31625

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: May 24, 2016

Court: United States Bankruptcy Court
       Eastern District of Tennessee (Knoxville)

Judge: Hon. Suzanne H. Bauknight

Debtor's Counsel: Dean B. Farmer, Esq.
                  HODGES, DOUGHTY & CARSON PLLC
                  P. O. Box 869
                  Knoxville, TN 37901
                  Tel: 865-292-2307
                  Fax: 865-292-2252
                  E-mail: dfarmer@hdclaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by David Murray Dunlap, authorized
representative.

A list of the Debtor's 14 largest unsecured creditors is available
for free at http://bankrupt.com/misc/tneb16-31625.pdf


DEETOWN ENTERTAINMENT: Hires Del Virginia as Counsel
----------------------------------------------------
Deetown Entertainment, Inc., and Ali Theodore seek permission from
the U.S. Bankruptcy Court for the Southern District of New York to
employ the Law Offices of Gabriel Del Virginia as attorneys for the
Debtors and Debtors-in-possession, nunc pro tunc to November 30,
2015, for Ali Theodore and March 10, 2016, for Deetown
Entertainment.

Ali, an individual who works as a singing talent and producer, and
Deetown, his wholly owned alter ego corporation, believe the
proceeding under Chapter 11 will benefit them and creditors.

The Debtors require Del Virginia Office to:

     a. provide the Debtors legal advice regarding each of their
authorities and duties as a debtors-in-possession in the continued
operation of their businesses and the management of their property
and affairs.

     b. prepare all necessary pleadings, orders, and related legal
documents and assist the Debtors and their financial professionals
in preparing monthly reports to the Office of the United States
Trustee; and

     c. perform any additional legal services to the Debtors which
may be necessary and appropriate in the conduct of this case.

Del Virginia Office will be paid at these hourly rates:

      Gabriel Del Virginia, Partner              $575
      Associate                                  $225
      Paralegal                                  $125

The Del Virginia Office was paid the amount of $6,717 for the
Deetown chapter 11 case, the payment was made post-petition.

Gabriel Del Virginia, sole member of The Law Offices of Del
Virginia, 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 Del Virginia Office may be reached at:

     Gabriel Del Virginia
     Law Offices of Gabriel Del Virginia
     30 Wall Street- 12th Floor
     New York, NY 10005
     Telephone: 212-371-5478
     Facsimile: 212-371—460
     E-mail: gabriel.delvirginia@verizon.com

Ali Theodore initially filed a Chapter 13 petition (Bankr.
S.D.N.Y.
Case No. 15-11781) on July 9, 2015.  The case was converted to
Chapter 11 on November 30, 2015.

Deetown Entertainment, Inc. filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 16-10568) on March 10, 2016.  

Gabriel Del Virginia, Esq., at the Law Offices of Gabriel Del
Virginia, serve as counsel to the Debtors.


DEI TRANSPORTATION: Court Strikes Plea to Extend Exclusive Periods
------------------------------------------------------------------
The Hon. Eduardo V. Rodriquez of the U.S. Bankruptcy Court for the
Southern District of Texas entered on May 24, 2016, an order
striking DEI Transportation, LLC's first motion to extend its
exclusive periods to file a disclosure statement and plan
reorganization.

According to the judge, the Debtor's motion contains the negative
notice language required by BLR 9013-1(b), but uses an incorrect
response time, making it non-compliant with the requirements of BLR
9013-1 and is procedurally improper.

As reported by the Troubled Company Reporter on May 20, 2016, the
Debtor asked the Court to extend the exclusive period to file a
plan of reorganization to Aug. 17, 2016, and the exclusive period
for the Debtor to solicit acceptance of the plan to Oct. 16, 2016,
saying that it has not had the opportunity to formulate a plan of
reorganization as a result of negotiating with BMO Harris Bank and
other creditors of Debtor.  The primary reason Debtor requested to
extend exclusive periods is that its counsel will be in a jury
trial until the third week of June 2016 and accordingly will not be
able to file a Disclosure Statement or Plan before the deadline.

DEI Transportation, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Tex. Case No. 16-70078) on Feb. 19, 2016.  Antonio
Villeda, Esq., at Villeda Law Group serves as the Debtor's
bankruptcy counsel.


DENBURY RESOURCES: S&P Raises CCR to 'CCC+', Outlook Negative
-------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Plano,
Texas-based Denbury Resources Inc. to 'CCC+' from 'SD' (selective
default).  The outlook is negative.

S&P also assigned its 'B' issue-level rating to Denbury's new
senior secured second-lien notes due 2021.  The recovery rating on
these notes is '1', indicating very high (90% to 100%) recovery in
the event of a payment default.

At the same time, S&P raised its rating on the company's senior
secured revolving credit facility to 'B' from 'CCC'.  The recovery
rating on this debt remains '1', indicating very high (90% to 100%)
recovery in the event of a payment default.  S&P also raised its
ratings on Denbury's subordinated debt to 'CCC+' from 'D'.  S&P
revised the recovery rating on these notes to '4' from '6',
indicating its expectation of average (30% to 50%; higher end of
range) recovery in the event of a payment default.

The rating actions follow Denbury's issuance of about $615 million
of new senior secured second-lien notes due 2021 in exchange for a
portion of its outstanding subordinated notes and common shares.
S&P viewed the transaction as a distressed exchange because
subordinated noteholders received less than par.

"We raised the corporate credit rating on Denbury to reflect our
forward-looking opinion of the company's creditworthiness," said
S&P Global Ratings credit analyst Christine Besset.

While the recent note repurchases reduce debt by approximately $540
million, S&P views financial leverage as unsustainably high in 2016
and 2017.  The company has adequate liquidity, however, including
approximately $8 million of cash and $681 million available under
its revolving credit facility.

The negative outlook reflects S&P's expectation that Denbury's
leverage will be very high in 2016 and 2017 under S&P's current
production, price and cost assumptions, despite the recent debt
exchanges.  S&P could lower the ratings if the company made further
distressed debt exchanges or liquidity deteriorated such that S&P
foresaw a default within 12 months.

S&P could raise the ratings or revise the outlook to stable if debt
to EBITDA moved closer to 6x.  Such a scenario would most likely
occur if the company was able to reduce debt further or oil prices
recovered significantly.


DENNIS MEYER DANZIK: Court Allows Sigma to Pursue NY Suit
---------------------------------------------------------
Judge Cathleen D. Parker of the United States Bankruptcy Court for
the District of Wyoming granted the motion of Sigma Opportunity
Fund II, LLC, to modify the automatic stay in order to allow a
pending action to continue in the New York state court, after
determining that Sigma has established that its claim could be
liquidated more expeditiously or economically in the New York
Action.

Relief from the stay will advance, rather than frustrate the
administration of this case, the court held.  The mechanism for a
speedy adjudication of the merits of Movant's claim, overall
judicial economy and the interests of the parties, the court
further held.

A full-text copy of the Memorandum Opinion dated April 7, 2016 is
available at https://is.gd/RxDTQk from Leagle.com.

The bankruptcy case is In re DENNIS MEYER DANZIK, Chapter 11,
Debtor(s), Case No. 16-20002 (Bankr. D. Wy.).

Dennis Meyer Danzik, Debtor, is represented by Ken McCartney, Esq.
-- The Law Offices of Ken McCartney, P.C..

US Trustee, U.S. Trustee, is represented by Daniel J. Morse,
Assistant U.S. Trustee.


DINSONS 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 Dinsons Inc.

Dinsons Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 16-01329) on April 8, 2016.  The
Debtor is represented by Jason A Burgess, Esq., at The Law Offices
of Jason A. Burgess, LLC.


DOLPHIN DIGITAL: Incurs $3.44 Million Net Loss in First Quarter
---------------------------------------------------------------
Dolphin Digital Media Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.44 million on $17,278 of total revenue for the three months
ended March 31, 2016, compared to a net loss of $2.28 million on
$24,263 of total revenue for the same period in 2015.

As of March 31, 2016, Dolphin Digital had $20.71 million in total
assets, $46.72 million in total liabilities and a total
stockholders' deficit of $26 million.

As of March 31, 2016 and 2015, the Company had cash of
approximately $2.7 million and approximately $0.8 million,
respectively, and a working capital deficit of approximately $40.1
million and approximately $40.7 million, respectively.

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

                     https://is.gd/vmvPYH

                     About Dolphin Digital

Coral Gables, Florida-based Dolphin Digital Media, Inc., is
dedicated to the twin causes of online safety for children and
high quality digital entertainment.  By creating and managing
child-friendly social networking websites utilizing state-of the-
art fingerprint identification technology, Dolphin Digital Media,
Inc. has taken an industry-leading position with respect to
internet safety, as well as digital entertainment.

Dolphin Digital reported a net loss of $4.05 million on $2.99
million of total revenue for the year ended Dec. 31, 2015, compared
to a net loss of $1.87 million on $2.07 million of total revenue
for the year ended Dec. 31, 2014.

BDO USA, LLP, in Miami, Florida, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations, negative cash flows from operations, and
does not have sufficient working capital.  These events raise
substantial doubt about the Company's ability to continue as a
going concern.


DRAFTDAY FANTASY: Signs $500,000 Loan Agreement with Sillerman
--------------------------------------------------------------
Sillerman Investment Company VI, an affiliate of Robert F.X.
Sillerman, the executive chairman and chief executive officer of
Viggle Inc., entered into a secured revolving loan agreement with
the Company and its subsidiaries, wetpaint.com, Inc. and Choose
Digital Inc., on May 16, 2016, pursuant to which the Company can
borrow up to $500,000.  The Secured Revolving Loan bears interest
at the rate of 12% per annum.  The Secured Revolving Loan matures
on Dec. 31, 2016, barring any events of default or a change of
control of the Company.

On May 16, 2016, the Company borrowed $161,000 under the Secured
Revolving Loan.

In connection with the Secured Revolving Loan, the Company and the
Subsidiaries have entered into a Security Agreement with SIC VI,
under which the Company and the Subsidiaries have granted SIC VI a
continuing security interest in all assets of the Company and the
Subsidiaries, with the exception of the Company's interest in
DraftDay Gaming Group, Inc.

The Company intends to use the proceeds from the Secured Revolving
Loan to fund working capital requirements and for general corporate
purposes.  Because Mr. Sillerman is a director, executive officer
and greater than 10% stockholder of the Company, a majority of the
Company's independent directors approved the transaction.

As reported on the Company's Current Report on Form 8-K filed
May 3, 2016, the Company entered into a Secured Line of Credit with
Sillerman Investment Company VI, LLC on April 29, 2016.  On May 16,
2016, the Company borrowed an additional $25,000 under the Secured
Line of Credit.  On April 28, 2016, the Company borrowed an
additional $195,000 under the Secured Line of Credit.  A total of
$500,000 has been advanced under the Secured Line of Credit.

                         About DraftDay

DraftDay Fantasy Sports Inc., formerly known as Viggle Inc., offers
a high quality daily fantasy sports experience directly to
consumers and to businesses desiring turnkey solutions to new
revenue streams.  DraftDay Fantasy Sports Inc. is the largest
shareholder of DraftDay Gaming Group, with a 44% stake.  Sportech
owns 35%.  By combining and capitalizing on the well-established
operational business assets of DraftDay and Sportech, the new
DraftDay is well-positioned to become a significant player in the
explosive fantasy sports market.  DraftDay has paid out over $30
million in prizes with increased player retention and brand
loyalty.  DraftDay Fantasy Sports also operates MyGuy and Viggle
Football both of which offer real-time interactive participation
with professional and college football games; Wetpaint, which
offers entertainment and celebrity news; and Choose Digital, a
digital marketplace platform that allows companies to incorporate
digital content into existing rewards and loyalty programs in
support of marketing and sales initiatives.

"The Company is unlikely to generate significant revenue or
earnings in the immediate or foreseeable future.  The continuation
of the Company as a going concern is dependent upon the continued
financial support from its stockholders, the ability of the Company
to obtain necessary equity or debt financing to continue
development of its business and to generate revenue.  Management
intends to raise additional funds through equity and/or debt
offerings until sustainable revenues are developed.  There is no
assurance such equity and/or debt offerings will be successful and
therefore there is substantial doubt about the Company's ability to
continue as a going concern within one year after the financial
statements are issued," according to the Company's quarterly report
for the period ended Dec. 31, 2015.

As of March 31, 2016, DraftDay had $32.4 million in total assets,
$48.6 million in total liabilities, $12.5 million in series C
convertible redeemable preferred stock and a $28.6 million total
stockholders' deficit.


EASTERN CONTINENTAL: Court Closes Chapter 15 Proceeding
-------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware entered an
order directing the closing of the Chapter 15 case of Eastern
Continental Mining and Development Ltd., with Case No.
16-10121-BLS.

As of April 25, 2016, no answer, objection or other responsive
pleading were filed to oppose the Motion for Entry of Order (i)
Closing Chapter 15 Case and (ii) Granting Related Relief, filed on
March 22, 2016.  Objections to the motion were to filed and served
no later than April 22, 2016 at 4:00 p.m.

Koumettou, in his capacity as the liquidator and authorized foreign
representative of Eastern Continental Mining and Development Ltd,
filed a Chapter 15 bankruptcy petition (Bankr. D. Del. Case No.
16-10121) on Jan. 18, 2016, in the United States, seeking
recognition of a proceeding commenced under the United Kingdom's
Insolvency Rules 1986.

Based in London, the Debtor was formed to explore and develop
direct investment opportunities in the Asian raw materials and
mineral resources sector. The Debtor planned to construct networks
of mineral mining and collection, processing and shipping centers.
Its principal focus was developing opportunities in Indonesia, with
a view to exporting to other Asian economies including China,
India, Japan, and Korea.

U.S. Bankruptcy Judge Brendan L. Shannon granted recognition as a
"foreign main" proceeding.

No objections were filed to the Chapter 15 petition and the motion
for recognition.


EASTMINSTER SCHOOL: Case Summary & 13 Unsecured Creditors
---------------------------------------------------------
Debtor: Eastminster School, Inc.
        2450 Lennox Road
        Conyers, GA 30094

Case No.: 16-58972

Chapter 11 Petition Date: May 24, 2016

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

Debtor's Counsel: Michael D. Robl, Esq.
                  THE SPEARS & ROBL LAW FIRM, LLC
                  Suite 250, 3754 LaVista Road
                  Tucker, GA 30084
                  Tel: 404-373-5153
                  Fax: 404-537-1761
                  E-mail: mdrobl@tsrlaw.com
                          michael@roblgroup.com

Total Assets: $1.62 million

Total Liabilities: $3.25 million

The petition was signed by Andrew M. Brown, director.

A list of the Debtor's 13 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ganb16-58972.pdf


ECOSPHERE TECHNOLOGIES: Incurs $1.96-Mil. Net Loss in 1st Quarter
-----------------------------------------------------------------
Ecosphere Technologies, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q a net loss of
$1.96 million on $6,980 of total revenues for the three months
ended March 31, 2016, compared to a net loss of $2.80 million on
$13,714 of total revenues for the three months ended March 31,
2015.

As of March 31, 2016, the Company had $2.08 million in total
assets, $11.85 million in total liabilities, $3.90 million in total
redeemable convertible cumulative preferred stock, and a total
deficit of $13.68 million.

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

                     https://is.gd/cvPPir

                  About Ecosphere Technologies

Stuart, Florida-based Ecosphere Technologies (OTC BB: ESPH) --
http://www.ecospheretech.com/-- is a water engineering,
technology licensing and environmental services company that
designs, develops and manufactures wastewater treatment solutions
for industrial markets.  Ecosphere, through its majority-owned
subsidiary Ecosphere Energy Services, LLC, provides energy
exploration companies with an onsite, chemical free method to kill
bacteria and reduce scaling during fracturing and flowback
operations.

Ecosphere reported a net loss of $23.06 million on $721,179 of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $11.49 million on $1.11 million of total revenues for the
year ended Dec. 31, 2014.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company reported a
net loss of $23,067,761 and $11,496,463 in 2015 and 2014,
respectively, and cash used in operating activities of $1,761,946
and $4,550,454 in 2015 and 2014, respectively.  At December 31,
2015, the Company had a working capital deficiency, stockholders'
deficit and accumulated deficit of $9,322,066, $12,218,672 and
$132,397,790 respectively.  These matters raise substantial doubt
about the Company's ability to continue as a going concern.


EFRON DORADO: PRAPI Asks Court to Deny Cash Use Bid
---------------------------------------------------
PR Asset Portfolio 2013-1 International Sub I, LLC, asks the
Bankruptcy Court to deny Efron Dorado Se's Cash Collateral Motion,
prohibit the Debtor's use of any such Cash Collateral, and direct
the Debtor to provide PRAPI adequate protection.

PRAPI asks for adequate protection in the form of:

   a. a first priority replacement lien on all of the Debtor's
postpetition assets;

   b. an accounting of all Cash Collateral received by or for the
benefit of the Debtor since the Petition Date;

   c. full access to the books and records of the Debtor, including
all electronic records on any computers used by or for the benefit
of Debtor, to make electronic copies, photocopies or abstracts of
the business records of the Debtor;

   d. turn over of any Cash Collateral or property of PRAPI that is
in the possession, custody or control of the Debtor or any of the
insiders of the Debtor;

   e. a constructive trust on any Cash Collateral, or proceeds of
any Collateral of PRAPI, if any, that has been diverted to any
person or bank account as a result of any diversion of the
Debtor’s accumulated rents.

Since this dispute between the Debtors and PRAPI is now affecting
the on-going tenancy of Wal-Mart Puerto Rico, Inc., Wal-Mart seeks
Court authority, in the event the Debtor's request to use cash
collateral is denied, to allow Wal-Mart to use the rent and common
area maintenance payments due to the Debtor order for Wal-Mart to
conduct necessary repairs and maintenance to a shopping center,
Paseo del Plata Shopping Center.

Attorneys for PR Asset Portfolio 2013-1 International Sub I, LLC:

       Hermann D. Bauer, Esq.
       Nayuan Zouairabani, Esq.
       O'NEILL & BORGES LLC
       American International Plaza
       250 Muñoz Rivera Avenue, Suite 800
       San Juan, Puerto Rico 00918-1813
       Tel: (787) 764-8181
       Fax: (787) 753-8944
       Email: hermann.bauer@oneillborges.com
              nayuan.zouairabani@oneillborges.com

Wal-Mart Puerto Rico, Inc. is represented by:

       Juan C. Salichs, Esq.
       JUAN C. SALICHS
       PO BOX 195553
       San Juan, Puerto Rico 00919-5553
       Tel. (787) 449-6000
       Fax (787) 474-3892
       E-mail: jsalichs@splawpr.com

           About Efron Dorado Se

Efron Dorado Se, based in San Juan, Puerto Rico, filed for Chapter
11 bankruptcy protection (Bankr. D.P.R. Case No. 16-00283) on Jan.
20, 2016.  The petition was signed by David Efron, partner.

Charles Alfred Cuprill, Esq., at Charles A Cuprill, PSC Law Office,
serves as its bankruptcy counsel.

In its petition, the Debtor listed total assets of $33.2 million
and total debt of $15.2 million.  According to the schedules, the
Debtor owns the shopping mall known as Paseo Del Plata Shopping
Center located in Dorado, Puerto Rico; a parcel of land consisting
of 80 Cuerdas, identified as Quintas De Dorado; and a parcel of
land consisting of 30 Cuerdas known as Hernandez Farm.


EMMAUS LIFE: Incurs $12.7 Million Net Loss in 2015
--------------------------------------------------
Emmaus Life Sciences, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$12.7 million on $590,114 of net revenues for the year ended
Dec. 31, 2015, compared to a net loss of $21.8 million on $500,679
of net revenues for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, the Company had $1.47 million in total assets,
$30.0 million in total liabilities and a total stockholders'
deficit of $28.6 million.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, its total liabilities exceed its
total assets and it has an accumulated stockholders' deficit.  This
raises substantial doubt about the Company's ability to continue as
a going concern.

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

                      https://is.gd/KUbfzc

                        About Emmaus Life

Emmaus Life Sciences, Inc., is engaged in the discovery,
development, and commercialization of treatments and therapies
primarily for rare and orphan diseases.  This biopharmaceutical
company's headquarters is in Torrance, California.


FAIRWAY GROUP: Nasdaq to Delist Common Stock Effective June 1
-------------------------------------------------------------
The Nasdaq Stock Market, Inc., has determined to remove from
listing the common stock of Fairway Group Holdings Corp. effective
at the opening of the trading session on June 1, 2016. Based on
review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rules 5101, 5110(b), and IM-5101-1.
The Company was notified of the Staffs determination on May 5,
2016.  The Company did not appeal the Staff determination to the
Hearings Panel, and the Staff determination to delist the Company
became final on May 16, 2016.

                      About Fairway

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

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

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

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


FINJAN HOLDINGS: Provides Update on Patents Challenges
------------------------------------------------------
Finjan Holdings, Inc., announced that the Patent Trial and Appeal
Board for the United States Patent and Trademark Office has ruled
on all 13 petitions for Inter Partes Review filed by Palo Alto
Networks, Inc.  Of the 13 petitions for IPR, the PTAB has denied
seven petitions in Finjan's favor, partially denied (and partially
granted) three petitions, and granted three petitions for review.

In its most recent decisions, the PTAB denied five of Palo Alto
Networks' petitions (IPR2016-00165, IPR2016-00164, IPR2016-00145,
IPR2016-00149, and IPR2016-00150) for IPR challenging the validity
of Finjan's U.S. Patent Nos. 6,804,780 ("the '780 Patent"),
7,613,918 ("the '918 Patent"), and 7,613,926 ("the '926 Patent"),
respectively.  The latter two petitions were directed to U.S.
Patent No. 6,965,968 ("the '968 Patent").  The PTAB granted the
petition (IPR2016-00159) to institute IPR of U.S. Patent No.
8,677,494 ("the '494 Patent").

"With the IPR results from Palo Alto Networks completed, we are the
nearing the end of an extensive and costly campaign against our
asserted patents," commented Julie Mar-Spinola, Finjan Holdings'
Chief IP Officer and VP, Legal.  "Of the 40 IPR petitions that have
been filed, 17 have been denied in Finjan's favor, 7 IPRs that
cover only 4 of Finjan’s patents have been granted further review
and 16 petitions, which are largely motions to join previous
petitions, are pending."

"For those petitions granted further review by the PTAB, Finjan is
prepared to fight vigorously on the merits.  Significantly, given
the number of repeated and overlapping challenges to the validity
of our patents, we believe that the challenges will be coming to an
end as the universe of prior art asserted against our patents is
rapidly being exhausted and new prior art cannot be created,"
concluded Mar-Spinola.

Final summary of Palo Alto Network challenges against Finjan
Patents:

'926 Patent: IPR2016-00145: denied
'968 Patent: IPR2016-00149: denied
'968 Patent: IPR2016-00150: denied
'154 Patent: IPR2016-00151: part denied/part granted
'494 Patent: IPR2016-00159: granted
'918 Patent: IPR2016-00164: denied
'780 Patent: IPR2016-00165: denied
'633 Patent: IPR2015-01974: part denied/part granted
'154 Patent: IPR2015-01979: part denied/part granted
'822 Patent: IPR2015-01999: denied
'731 Patent: IPR2015-02000: denied
'408 Patent: IPR2015-02001/IPR2016-00157 (consolidated): granted
             on certain claims

Finjan also has pending infringement lawsuits against FireEye,
Inc., Proofpoint Inc., Symantec Corp., Sophos, Inc., 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.


FLOUR CITY BAGELS: Gets Final Approval to Use Cash Collateral
-------------------------------------------------------------
Flour City Bagels LLC received final approval to use the cash
collateral of its pre-bankruptcy lenders to support its
operations.

The order, issued by Judge Paul Warren of the U.S. Bankruptcy Court
for the Western District of New York, allowed the company to use
the cash collateral of United Capital Business Lending, Inc. and
Canal Mezzanine Holdings II LP.

Flour City Bagels owes the lenders almost $9.8 million, according
to court filings.

In return for allowing Flour City Bagels to use their cash
collateral, both lenders will get a "superpriority" administrative
expense claims and "replacement liens" on certain assets of the
company, which it used as collateral for the loans.

                     About Flour City Bagels

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

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

Judge Paul R. Warren is assigned the case.

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


FOREST PARK REALTY: Needs Until Sept.18 to Decide on Hospital Lease
-------------------------------------------------------------------
Forest Park Medical Center, LLC, asks the U.S. Bankruptcy Court to
extend the deadline for assuming or rejecting a certain lease of
non-residential real property until September 18, 2016, with
respect to the Lease with the Lessors.

The Debtor is a lessee of a Hospital at 11990 N. Central
Expressway, in Dallas, Texas, owned by one or more of the chapter
11 Debtors in the related bankruptcy cases of Forest Park Realty
Partners III, LP, and BT Forest Park Realty Partners, LP, under
Case No. 15-34814-SGJ.

According to the Debtor, the Lessors have recently filed a motion
in the related cases to sell the real estate on which the Hospital
is located, and ultimately, the Debtor also expects to file a
motion to sell substantially all of its assets and to assume and
assign certain executory contracts and non-residential real
property leases to the successful purchaser in the related cases,
or to a new tenant under the Lease.

Forest Park Medical Center, LLC, is represented by:

       Howard Marc Spector, Esq.
       SPECTOR & JOHNSON, PLLC
       12770 Coit Road, Suite 1100
       Dallas, Texas 75251
       Telephone: (214) 365-5377
       Facsimile: (214) 237-3380
       Email: hspector@spectorjohnson.com

            About Forest Park Realty

Forest Park Realty Partners III, LP, and BT Forest Park Realty
Partners, LP, own properties that constitute Forest Park Dallas,
which includes several hospital buildings, a parking garage, and a
vacant lot.

Forest Park Realty Partners III, LP, and BT Forest Park Realty
Partners, LP, sought Chapter 11 protection (Bankr. N.D. Tex. Lead
Case No. 15-34814) on Nov. 30, 2015. The petitions were signed by
Todd Furniss as manager of Neal Richards Group Forest Park
Development LLC, its general partner. Judge Stacey G. Jernigan has
been assigned to the cases.

Forest Park estimated assets of $50 million to $100 million and
liabilities of $100 million to $500 million.

Franklin Hayward LLP serves as counsel to the Debtors.


FRED FULLER OIL: Court OKs Withdrawal of Gannon as Counsel
----------------------------------------------------------
Judge J. Michael Deasy of the U.S. Bankruptcy Court for the
District of New Hampshire granted William S. Gannon's motion to
withdraw as counsel for Debtor, Fred Fuller Oil & Propane Co.,
Inc.

Gannon can be reached at:

     William S. Gannon, Esq.
     WILLIAM S. GANNON, PLLC
     889 Elm Street, 4th Floor
     Manchester, NH 03101
     Telephone: (603) 621-0833
     Email: bgannon@gannonlawfirm.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.


GENON ENERGY: S&P Lowers CCR to 'CCC', Outlook Negative
-------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on GenOn Energy Inc. and its affiliates GenOn Energy Holdings Inc.,
GenOn Americas LLC, and GenOn REMA LLC to 'CCC' from 'CCC+'.  The
outlook is negative.

At the same time, S&P lowered its issue-level ratings on GenOn
Energy Inc.'s $1.95 billion senior unsecured notes ($1.83 billion
outstanding) to 'CCC+' from 'B-'.  The recovery rating on this debt
remains '2', indicating S&P's expectation for substantial (70% to
90%, at the low end of the range) recovery in a payment default.

S&P lowered the issue rating on GenOn REMA LLC's $641 million
pass-through certificates (about $281 million outstanding) to 'B-'
from 'B'.  The recovery rating on this debt remains '1', indicating
S&P's expectation for very high (90% to 100%) recovery in a
default.

S&P also lowered its issue-level rating on GenOn Americas LLC's
(GenAM) $850 million unsecured notes ($695 million outstanding) to
'CCC' from 'CCC+'.  The recovery rating on this debt remains a '3'
and indicates S&P's expectation for meaningful recovery (50% to
70%, at the high end of the range) in a default.

However, S&P raised the issue-level rating on GenOn Mid-Atlantic
LLC's (GenMA) $770 million of pass-through certificates (about $490
million outstanding) to 'B-' from 'CCC+' and revised the recovery
rating to '1' from '3'.  This revision follows a reassessment of
the priority of the pass through certificates relative to other
GenMA obligations and the determination that their priority would
remain senior under all default scenarios.

GenOn's credit profile has weakened following a progressively
weaker forward power curve due to depressed natural gas prices, and
lower gross margins due to stagnating demand and milder weather
patterns, resulting in an accelerated weakening of financial
measures.  While the capacity performance incremental auctions
provide some uplift in margins, they do not offset the energy
margin compression, and do not take effect until 2018.  This leads
S&P to rely more heavily on the company's liquidity profile.
Although the company currently has over $1.14 billion in liquidity,
GenMA will make a $130 million lease payment and GenOn will make a
$115 million interest payment in June.  An approaching $725 million
maturity in mid-2017 amid weaker cash flows results in less than
adequate liquidity assessment.  Additionally, S&P believes that
GenOn would not likely have ready access to capital markets under
similar market conditions.

"We believe that GenOn is vulnerable under the current forward
curve to default prospects that exceed a 1 to 2 probability.
Although we think GenOn has adequate cash balances and is unlikely
to default on obligations before mid-2017, the longer-term
prospects appear unsustainable without favorable business,
financial and economic conditions," said S&P Global Ratings credit
analyst Aneesh Prabhu.

S&P also sees the prospects of a distressed exchange as
increasingly likely.  According to S&P's criteria, if an issuer
credit rating is 'B-' or lower, an exchange would ordinarily be
viewed as distressed and, hence, as a de facto restructuring.

S&P notes the headwinds in the merchant power sector that are
resulting in continuing pressure on cash flow.  The negative
outlook on GenOn reflects the continuing pressure on financial
measures, which S&P believes will likely weaken.  S&P thinks GenOn
is now increasingly dependent upon favorable business, financial,
and economic conditions that cause an increase in forward power
price curves and allow the company to meet its financial
commitments.  While S&P do not expect a default in 2016 because of
significant cash balances, the negative outlook also reflects the
prospects that GenOn may consider distressed exchange offers given
the price decline in its debt issues.


GUIDED THERAPEUTICS: Reports Record First Quarter 2016 Results
--------------------------------------------------------------
Guided Therapeutics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of $340,000 on $262,000 of
sales for the three months ended March 31, 2016, compared to a net
loss attributable to common stockholders of $1.27 million on
$127,000 of sales for the same period in 2015.

As of March 31, 2016, Guided Therapeutics had $2.36 million in
total assets, $7.81 million in total liabilities and a total
stockholders' deficit of $5.45 million.

At March 31, 2016, the Company had a working capital deficit of
approximately $4.0 million and the stockholders' deficit was
approximately $5.5 million, primarily due to recurring net losses
from operations and dividends on preferred stock, offset by
proceeds from the exercise of options and warrants and proceeds
from the sales of stock.

Cash on hand at March 31, 2016, was approximately $56,000, as
compared to approximately $35,000 at Dec. 31, 2015.  Net inventory
on hand at the end of the quarter was approximately $1.3 million.
The Company continues to manage cash and liquidity with austerity.

"The first quarter was a record for shipping single-use disposable
LuViva cervical guides with almost 24,000 going to our Turkish
distributor," said Gene Cartwright, chief executive officer of
Guided Therapeutics.  "We also shipped LuViva devices to Saudi
Arabia and Indonesia during the quarter, bringing to 10 the number
of units in the Middle East and 15 in Southeast Asia.  As of the
end of the first quarter, we shipped a total of 97 LuViva devices
and approximately 60,000 disposable cervical guides, worldwide."

"During the first quarter, we received notification that the Health
Services Sector of Nairobi County, Kenya has agreed to purchase an
additional five LuViva units for use in the agency's cervical
cancer screening program.  The planned purchase brings to six the
number of LuVivas ordered by Nairobi County which is the largest
population center in East Africa, with approximately 900,000
screening-aged women," Mr. Cartwright said.

"Finally, we expanded our distribution in Latin America to include
the Dominican Republic in the first quarter and subsequently
shipped our first unit there," Mr. Cartwright said.  "We continue
to negotiate with potential partners for distribution and
manufacturing rights in China, and are in late stage discussions
with a partner for India."

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

                      https://is.gd/YmGdlT

                    About Guided Therapeutics

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

Guided Therapeutics reported a net loss attributable to common
stockholders of $9.50 million on $42,000 of contract and grant
revenue for the year ended Dec. 31, 2015, compared to a net loss
attributable to common stockholders of $10.03 million on $65,000
of contract and grant revenue for the year ended Dec. 31, 2014.


HANCOCK FABRICS: Exclusive Plan Filing Deadline Moved to Aug. 30
----------------------------------------------------------------
The Hon. Brendan L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware has extended, at the behest of Hancock
Fabrics, Inc., et al., the exclusive period for the Debtors to file
a Chapter 11 plan through and including Aug. 30, 2016, and the
exclusive period for the Debtors to solicit acceptances of a
Chapter 11 plan through and including Oct. 31, 2016.

Without further court order, the Debtors and the Official Committee
of Unsecured Creditors may, but are not required to, stipulate to
further extend (i) the exclusive period for the Debtors to fila a
Plan through and including Oct. 3, 2016, and (ii) the exclusive
period for the Debtors to solicit acceptances of that plan through
and including Dec. 2, 2016.

As reported by the Troubled Company Reporter on May 11, 2016, the
Debtors asked the Court to to extend the period during which the
Debtors have the exclusive right to file a Plan through and
including Oct. 3, 2016, and the period during which the Debtors
have the exclusive right to solicit acceptances of the plan through
and including Dec. 2, 2016.  The Debtors explained that they are
presently engaged in numerous activities in winding down the
bankruptcy estates, including rejecting leases and executory
contracts, marketing their remaining assets for sale, and
addressing transition issues.  The Debtors are pursuing each of
these steps diligently in consultation with appropriate parties.
The accomplishment of these tasks in the near future will permit
the Debtors to prepare and solicit support for an appropriate plan
within the extended Exclusive Periods requested.

                       About Hancock Fabrics

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

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

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

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

On Feb. 11, 2016, the U.S. Trustee appointed an Official Committee
of Unsecured Creditors.


HECK INDUSTRIES: U.S. Trustee Forms 3-Member Committee
------------------------------------------------------
Henry Hobbs, Jr., acting U.S. trustee for Region 5, on May 24
appointed three creditors of Heck Industries, Inc., to serve on the
official committee of unsecured creditors.

The committee members are:

     (1) Continental Cement Company
         16100 Swingley Ridge Road
         Suite 230
         Chesterfield, MO 63017

         Attn: Mike Gordon
         Phone: (314) 602-7381
         Fax: (636) 532-7445
         Email: Mike.Gordon@continentalcement.com

     (2) Holcim (US) Inc.
         4511 Bogan Trail
         Buford, GA 30519-7403

         Attn: Mr. Roy D. Dodd
         Credit Manager Southeast Region
         Phone: (678) 492-6892
         Fax: (877) 465-2193
         Email: roy.dodd@lafargeholcim.com

     (3) Savard Labor & Marine, Inc.
         1772 Wooddale Blvd.
         Baton Rouge, LA 70806

         Attn: Cary Prejean, CFO
         Phone: (225) 930-0685
         Fax: (225) 388-5958
         Email: cprejean@savardgroup.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 Heck Industries

Heck Industries, Inc., sought Chapter 11 protection (Bankr. M.D.
La. Case No. 16-10516) on April 29, 2016, in Baton Rouge,
Louisiana.  Hon. Douglas D. Dodd is the case judge.

The Debtor is the owner of a concrete supply business which has
operated throughout Louisiana since 1957.  The Debtor's chapter 11
case was precipitated by a severe strain on collection of its
accounts receivable due to, among other things, unfortunate weather
conditions hampering the Debtor's ability to complete numerous jobs
awarded to it.

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

The Debtor's attorneys:

         STEFFES, VINGIELLO & McKENZIE, L.L.C.
         William E. Steffes
         Noel Steffes Melancon
         Barbara B. Parsons
         13702 Coursey Blvd.Building 3
         Baton Rouge, Louisiana 70817
         Telephone: 225-751-1751
         Fax: 225-751-1998
         E-mail: nmelancon@steffeslaw.com


HERC HOLDINGS: S&P Assigns 'B+' CCR, Outlook Stable
---------------------------------------------------
S&P Global Ratings said that it has assigned its 'B+' corporate
credit rating to HERC Holdings Inc. and its core operating
subsidiary HERC Rentals Inc.  The outlook is stable.

At the same time, S&P assigned its 'BB' issue-level rating and '1'
recovery rating to the company's proposed $1.75 billion ABL
facility due 2021.  The '1' recovery rating indicates S&P's
expectation for very high recovery (90%-100%) in the event of a
payment default.

Additionally, S&P assigned its 'B+' issue-level rating and '3'
recovery rating to the company's proposed aggregate $1.1 billion
senior secured second-lien notes due 2022 and 2024.  The '3'
recovery rating indicates S&P's expectation for meaningful recovery
(50%-70%; lower half of the range) in the event of a payment
default.

"The 'B+' corporate credit rating on HERC reflects our expectation
that the company will maintain adjusted debt to EBITDA below 4x and
FOCF to adjusted debt in the low-single digit percentage area,
providing it with some cushion to absorb potential economic
downturns given its good position in the cyclical, competitive, and
highly fragmented U.S. equipment rental industry," said S&P Global
credit analyst Carissa Schreck.  "We believe that HERC will
maintain its market position as the third largest North American
equipment rental provider in this highly capital-intensive sector.
The company's approximately 280 branch locations are located
primarily in the U.S.  Although the U.S. is HERC's primary
territory, it has limited penetration in some parts of the country
and is underpenetrated in some large markets.  We expect that the
company will continue to increase its branch count, both
organically and through small acquisitions, and anticipate that it
will improve its volume and pricing under our base-case forecast.
The scale of HERC's operations is significantly smaller than that
of the market leader, United Rentals Inc., as it has less than
one-third of the revenue base.  The top 10 equipment rental players
in the U.S. account for only about one-third of the market and the
segment's barriers to entry are limited, which we believe limits
participants' pricing power," S&P said.

The stable outlook on HERC reflects S&P's expectation that the
company will maintain an adjusted debt-to-EBITDA metric of less
than 4x and a FOCF-to-adjusted debt ratio in the low-single digit
percent area--on average--through 2017, incorporating S&P's belief
that overall conditions in the nonresidential construction industry
will remain supportive despite expected weakness in oil and gas
markets this year.  S&P also takes into account the potential
volatility of HERC's credit measures in S&P's assessment of its
financial risk profile.

S&P could lower its ratings on HERC if its operating performance is
significantly weaker than S&P had expected, due to economic stress
and a significant decline in demand from the company's end markets,
causing its adjusted debt-to-EBITDA metric to increase and remain
above 4.5x.  If S&P expected leverage to increase close to 4.5x,
significant positive FOCF could serve as a favorable offsetting
factor.

Although unlikely over the next 12 months given the company's
limited track record operating as a stand-alone public company, S&P
could consider upgrading HERC if S&P believes that its adjusted
debt-to-EBITDA metric will be around 3x and its EBITDA margins will
increase to and remain above 40%.  In addition, a FOCF-to-adjusted
debt ratio of 5% or more over the cycle would also support an
upgrade.


HILLCREST INC: Hires Pettyjohn as Co-counsel
--------------------------------------------
Hillcrest, Inc. seeks authority from the U.S. Bankruptcy Court for
the Western District of Missouri to employ David E. Pettyjohn,
Esq., as co-counsel to the Debtor.

Hillcrest, Inc. requires Pettyjohn 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 businesses;

   (b) attend meetings and negotiate with representatives of
       creditors and other parties in interest when co-counsel
       Susan Bratcher is unavailable;

   (c) take all necessary action to protect and preserve the
       estate, including the prosecution of actions on its
       behalf, the defense of any actions commenced against the
       Debtor's estate, and objections to claims filed against
       the estate;

   (d) prepare on behalf of Debtor adversary petition and all
       related documents and hearings, meetings, and related
       matters;

   (e) appear before the Bankruptcy Court and the U.S. Trustee;
       and protect the interest of the Debtor's estate before the
       Bankruptcy Court and the U.S. Trustee when co-counsel
       Bratcher is unavailable.

Pettyjohn will be paid at these hourly rates:

     Attorneys                $200-$300
     Paralegals               $95-$150

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

David E Pettyjohn, Esq., 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.

Pettyjohn can be reached at:

     David E Pettyjohn, Esq.
     5600 NE Antioch Road
     Kansas City, MO 64119
     Tel: (816) 452-1800

                      About Hillcrest Inc.

Hillcrest Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Mo. Case No. 16-40054) on January 12, 2016. The
Debtor is represented by Randall L. Robb, Esq.  The Debtor
estimated less than $50,000 in assets and debt.


HORSEHEAD HOLDING: Hires Suncorp as Valuator
--------------------------------------------
The Official Committee of Unsecured Creditors of Horsehead Holding
Corp., et al., seeks authority from the U.S. Bankruptcy Court for
the District of Delaware to retain Suncorp Valuations as valuator
to the Committee, nunc pro tunc to May 9, 2016.

The Committee requires Suncorp to:

     (i) provide expert witness testimony either in Court, at a
         deposition, or both;

    (ii) participate in meetings or negotiations with the
         Committee, its counsel or other third parties; and

   (iii) provide additional information to third parties.

Suncorp will be paid at these hourly rates:

     William K. Domoe             $350
     William Schoenecker          $300
     Marcia Teal                  $400

Suncorp will perform all work necessary to prepare a valuation
report on the Mooresboro Facility based on the hourly rates set
forth, but in an amount not to exceed $50,000, plus reimbursement
of its reasonable out-of-pocket disbursements.

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

Tom A. Gardiner, President and CEO of Suncorp Valuations, 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.

Suncorp can be reached at:

     Tom A. Gardiner
     SUNCORP VALUATIONS
     101 Falls Road, Suite 700
     Grafton, WI 53024
     Tel: (262) 240-0602
     Fax: (306) 652-8373

                      About Horsehead Holding

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

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

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

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


HUNT OIL: S&P Lowers CCR to 'BB-' on Geopolitical Risks
-------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Hunt Oil
Co. to 'BB-' from 'BB+'.  The rating outlook is negative.

"The downgrade reflects our view that Hunt's credit measures will
remain below expectations for the 'BB+' rating primarily due to the
interruption of shipments from Yemen LNG and because of low oil
prices," said S&P Global Ratings credit analyst Ben Tsocanos.

Distributions from the project, in which Hunt holds a 17.5%
interest, represent a significant proportion of S&P's projected
cash flow for the company when the project is shipping LNG.  The
negative outlook reflects the risk that delays or disruption in
resumption of shipments could delay distributions from the project
into late 2017.  To revise the outlook to stable would likely
require resumption of distributions to shareholders from Yemen LNG
after the project finance debt service reserve has been
replenished.

The rating on Hunt reflects S&P's assessment of the company's
satisfactory business risk, aggressive financial risk, and strong
liquidity.

The negative rating outlook on Hunt primarily reflects S&P's
assessment of the potential that delays in resumption of shipments
from Yemen LNG could result in credit measures that are below S&P's
expectations for the rating.

S&P could lower the rating if it do not forecast improving credit
measures, with FFO to debt remaining below 12%.  Such a scenario
would likely occur if resumption of shipments from Yemen LNG were
delayed beyond late 2016 or if oil prices are below S&P's
expectations.

S&P could revise the outlook to stable if it expects credit
measures to improve to levels consistent with the rating, such that
FFO improves substantially above 12% consistently in 2017 and
thereafter.  Such a scenario is likely to occur if shipments from
Yemen LNG resume by the end of 2016 and the company begins to
receive distributions from the project in late 2017 and S&P's
outlook for oil prices rises.



ICAGEN INC: Grants Options Under 2015 Stock Incentive Plan
----------------------------------------------------------
The Board of Directors of Icagen, Inc., granted under the Company's
2015 Stock Incentive Plan:

   (i) options to purchase 12,500 shares of common stock, par
       value $0.001 per share of the Company to five members of
       the Board (which equals options to purchase an aggregate of
       62,500 shares of Common Stock);

  (ii) options to purchase 100,000 shares of Common Stock to the
       Company's Chief Scientific Officer; and

(iii) options to purchase an aggregate of 140,000 shares of
       Common Stock to certain employees.

All of the stock options granted have an exercise price of $3.50
per share.  The options granted to (i) the directors vest on a pro
rata basis monthly over 36 months and expire ten years after the
date of grant; (ii) the Company's Chief Scientific Officer vest as
follows: 25,000 vest on June 30, 2016, and the remaining 75,000
vest pro rata on a monthly basis over 36 months and expire ten
years after the date of grant; and (iii) the employees vest on an
annual basis over four years pro rata on a monthly basis over 48
months other than a grant of options to purchase 20,000 shares of
common stock that vest over a four year period based upon the
attainment of certain milestones and expire ten years after the
date of grant.

On May 19, 2016, the Board granted under the Company's Plan options
to purchase an aggregate of 62,500 shares of Common Stock to the
members of the Board (Timothy Tyson, Clive Kabatznik, Vincent
Palmieri, Michael Taglich and Edward Roffman were each granted
options to purchase 12,500 shares of Common Stock).  In addition,
Douglas Krafte, the Company's Chief Scientific Officer, was granted
an option to purchase 100,000 shares of Common Stock.

                         About Icagen

Icagen, Inc., formerly known as XRpro Sciences, Inc., is a
biopharmaceutical company, focuses on the discovery, development,
and commercialization of orally-administered small molecule drugs
that modulate ion channel targets.  Its drug candidates include
ICA-105665, a small molecule compound that targets specific KCNQ
ion channels for the treatment of epilepsy and pain, which is in
Phase II clinical trial stage; and a compound that targets the
sodium channel Nav1.7 for the treatment of pain, which is in Phase
I clinical trial stage.

Icagen reported a net loss applicable to common stock of $8.72
million on $1.58 million of sales for the year ended Dec. 31, 2015,
compared to a net loss applicable to common stock of $569,288 on
$541,794 of sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Icagen had $12.9 million in total assets,
$11.2 million in total liabilities, $133,350 in convertible
redeemable preferred stock, and $1.57 million in total
stockholders' equity.

RBSM LLP, 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 recurring operating
losses, which has resulted in an accumulated deficit of
approximately $22.143 million at Dec. 31, 2015.  These conditions
among others raise substantial doubt about the Company's ability to
continue as a going concern.


ICAGEN INC: Incurs $1.10 Million Net Loss in First Quarter
----------------------------------------------------------
Icagen, Inc., filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $1.10
million on $900,866 of sales for the three months ended March 31,
2016, compared to a net loss of $1.43 million on $30,653 of sales
for the same period in 2015.

As of March 31, 2016, Icagen had $11.2 million in total assets,
$10.5 million in total liabilities, $133,000 in convertible
redeemable preferred stock and $561,000 in total stockholders'
equity.

"We have a history of annual losses from operations since inception
and we have primarily funded our operations through sales of our
unregistered equity securities and cash flows generated from
government contracts and grants and more recently from commercial
customers and the settlement of a lawsuit.  We are generating funds
from commercial customers and government grants, however, we
continue to experience losses and will need to raise additional
funds to meet our working capital requirements, despite this we are
dependent upon the outcome of settlement discussions we are having
in our lawsuits.  We believe that our existing cash and cash
equivalents will not be sufficient to meet our anticipated cash
needs for the next twelve months.  We will need to generate
additional revenue from operations and/or obtain additional
financing to pursue our business strategy, to respond to new
competitive pressures or to take advantage of opportunities that
may arise.  These factors raise substantial doubt about our ability
to continue as a going concern.  As a result, our independent
registered public accounting firm included an explanatory paragraph
in its report on our consolidated financial statements as of and
for the year ended December 31, 2015 with respect to this
uncertainty.  To meet our financing needs, we are considering
multiple alternatives, including, but not limited to, additional
equity financings, debt financings and/or funding from partnerships
or collaborations.  There can be no assurance that we will be able
to complete any such transactions on acceptable terms or
otherwise.

"As of March 31, 2016 our Company had cash totaling $818,797, other
current assets totaling $1,247,994 and total assets of $11,197,494.
We had total current liabilities of $2,045,592 and a net working
capital of $21,199.  Total liabilities were $10,503,127, including
deferred purchase consideration of $8,457,535.  The deferred
purchase consideration includes a net present value discount of
$2,042,465 (made up of a gross present value discount of $2,468,700
less imputed interest expense of $426,235), the gross amount still
due in terms of the acquisition agreement is $10,500,000 of which
$500,000 is dependent on the achievement of a revenue target with
Pfizer and $10,000,000 is due based on a potential earn out charge
of 10% of gross revenues commencing in January 2017.  Our Series A
convertible redeemable preferred stock totaled $133,350 resulting
in a stockholders’ equity of $561,017.

"Should we not achieve our forecasted operating results or should
strategic opportunities present themselves such that additional
financial resources would present attractive investing
opportunities for our company, we may decide in the future to issue
debt or sell our company's equity securities in order to raise
additional cash.  We cannot provide any assurances as to whether we
will be able to secure any additional financing, or the terms of
any such financing transaction if one were to occur.

"As of March 31, 2016, we owed $133,592 in accordance with the
terms of a Project Participation Agreement with the Incorporated
County of Los Alamos that we entered into in September 2006. The
loan bears interest at a rate of 5% per annum, is for a
thirteen-year term, with monthly repayments of $3,547 that
commenced on September 21, 2009.  Due to the closure of the Los
Alamos site, the County of Los Alamos has informed us that the full
balance of the loan is now due and payable."

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

                     https://is.gd/jOWpWu

                         About Icagen

Icagen, Inc., formerly known as XRpro Sciences, Inc., is a
biopharmaceutical company, focuses on the discovery, development,
and commercialization of orally-administered small molecule drugs
that modulate ion channel targets.  Its drug candidates include
ICA-105665, a small molecule compound that targets specific KCNQ
ion channels for the treatment of epilepsy and pain, which is in
Phase II clinical trial stage; and a compound that targets the
sodium channel Nav1.7 for the treatment of pain, which is in Phase
I clinical trial stage.

Icagen reported a net loss applicable to common stock of $8.72
million on $1.58 million of sales for the year ended Dec. 31, 2015,
compared to a net loss applicable to common stock of $569,288 on
$541,794 of sales for the year ended Dec. 31, 2014.

RBSM LLP, 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 recurring operating
losses, which has resulted in an accumulated deficit of
approximately $22.143 million at Dec. 31, 2015.  These conditions
among others raise substantial doubt about the Company's ability to
continue as a going concern.


IMPLANT SCIENCES: Incurs $4.09 Million Net Loss in Third Quarter
----------------------------------------------------------------
Implant Sciences Corporation reported a net loss of $4.09 million
on $10.9 million of total revenues for the three months ended March
31, 2016, compared to a net loss of $5.73 million on $3.30 million
of total revenues for the same period in 2015.

For the nine months ended March 31, 2016, Implant Sciences reported
a net loss of $8.32 million on $35.6 million of total revenues
compared to a net loss of $17.4 million on $7.31 million of total
revenues for the nine months ended March 31, 2015.

As of March 31, 2016, the Company had $15.6 million in total
assets, $100 million in total liabilities, and a total
stockholders' deficit of $84.6 million.

Earnings before interest, income taxes, depreciation and
amortization, stock-based compensation, warrants issued to
non-employees and common stock issued to consultants, which is
reconciled to net income in this press release, was a loss of
$994,000 in the three months ended March 31, 2016, compared to a
loss of $2,266,000 in the comparable prior year period and for the
nine months ended March 31, 2016, adjusted EBITDA income of
$1,023,000, compared to a loss of $8,108,000 in the comparable
prior year period.

Dr. William McGann, CEO of Implant Sciences, commented, "We are
pleased with the results of our recently completed quarter, a
quarter in which we recorded revenues of $10.9 million and have
achieved nine month revenues of $35.6 million.  We're equally
pleased with the improvement in our operations which have resulted
in substantial reductions in net operating losses of $1.6 million
and $9.1 million, in the quarter and the nine month period,
respectively.  The improvement in our operating results are
tempered somewhat by costs associated with our strategic
alternative review and other one-time charges, which amounted to
$559,000 and $908,000 in the three month and nine month periods,
respectively.  Shipments under the delivery order with the
Transportation Security Administration are ongoing and on schedule.
During the just concluded quarter we delivered QS-B220’s to the
Canadian Air Transport Security Authority, the significance of
which cannot be dismissed.  With this win, we believe that we are
now the leading provider of ETD in North America.  The production
ramp continues unabated, demonstrating our capabilities from not
only a manufacturing and supply chain perspective, but also from a
working capital management perspective.  Our execution in all
facets is not perfect, but we are striving for and demonstrating
continuous improvement in managing this exponential growth.  We
continue to generate the cash flow required from internal
operations to fund the significant working capital required to
deliver the record revenues being reported today.  We're continuing
to invest and expect to increase our investment in technology, with
the intent to introduce new product that will increase the size of
the security market we can penetrate."

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

                      https://is.gd/K4qINK

                     About Implant Sciences

Implant Sciences Corporation (OBB: IMSC.OB) --
http://www.implantsciences.com/-- develops, manufactures and
sells sensors and systems for the security, safety and defense
(SS&D) industries.

"Despite our current sales, expense and cash flow projections and
Marcum LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2015, citing that the Company has had recurring net
losses and continues to experience negative cash flows from
operations.  As of Sept. 15, 2015, the Company's principal
obligation to its primary lenders was approximately $65,046,000 and
accrued interest of approximately $15,393,000.  The Company is
required to repay all borrowings and accrued interest to these
lenders on March 31, 2016.  These conditions raise substantial
doubt about its ability to continue as a going concern.


INDRA HOLDINGS: S&P Affirms 'B-' CCR, Outlook Stable
----------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Cincinnati, Ohio-based Indra Holdings Corp.  The outlook is
stable.

Concurrently, S&P affirmed its issue-level rating on the company's
$245 million first-lien term loan due 2021 at 'B-'.  The '4'
recovery rating on this facility, which indicates S&P's expectation
for average (30% to 50%, at the low end of the range) recovery in
the event of a payment default, remains unchanged.

"The affirmation of our ratings reflects the expectation that Indra
will maintain adequate liquidity even as their credit metrics will
remain weak as the U.S. retail market continues to struggle," said
S&P Global Ratings credit analyst Suyun Qu.  "We expect modest free
cash flow generation from the company to service all the required
fixed costs, with no near-term debt maturities."

S&P Global Ratings' ratings on Indra, the maker of Totes, Isotoner,
and Acorn branded rain-wear, footwear, and cold weather
accessories, reflect the company's reliance on weather-dependent
products.  This includes winter and rain accessories such as
gloves, slippers, umbrellas, and ponchos.  The recent warm winter
across the U.S. and dry summer in the West weakened the company's
top line.  This reflects the heavily seasonal sales pattern and
dependence on the holiday and winter month to generate sales,
EBITDA, and cash flow.

S&P sees the company's narrow business focus as a key risk.  The
company is concentrated in the wholesale channel, further weakening
the company's top line, as retailers cut back on orders and control
inventory levels.  The company sells its products mainly to mass
merchants, department stores, and national chain retailers in the
U.S., Canada, and Europe.

S&P expects 2016 revenue and EBITDA to decline double digits from
2015, largely a result of the unseasonably warm winter and
retailers delaying inventory purchases.  S&P also expects Indra's
EBITDA margin to be lower in 2016 when compared to 2015, as the
foreign currency hedge gain in 2015 is replaced with a hedge loss.
As such, S&P expects Indra's debt-to-EBTIDA ratio to remain
elevated in the 7x area for the next 12 to 24 months.  Despite
these challenges, S&P believes the company is prudent in managing
its margin and working capital such that S&P projects positive free
cash flow generation and no outstanding balance on its asset-backed
lending revolver outside of peak working capital needs. Indra is
also owned by financial sponsors, which S&P believes is likely to
adopt and maintain an aggressive financial policy for companies
they own, and S&P expects Indra will maintain a highly leveraged
capital structure.

The stable outlook reflects S&P's expectation that the company will
continue to have adequate liquidity with no near-term debt
maturities.  S&P projects the company to generate modest positive
discretionary cash flow, as product innovations, e-commerce
platforms, and ongoing cost efficiency initiatives mitigate
declining top line performance.  As a result, S&P believes credit
metrics will remain weak but in line with our rating expectations.


INTERNATIONAL TECHNICAL: Wants Aug. 19 Plan Filing Deadline
-----------------------------------------------------------
International Technical Coatings, Inc., asks the U.S. Bankruptcy
Court for the District of Arizona to further extend the Debtor's
exclusive period to file a Chapter 11 plan through and including
Aug. 19, 2016, and the exclusive period for the Debtor to solicit
acceptance of that plan through and including Oct. 19, 2016.

As reported by the Troubled Company Reporter on March 31, 2016, the
Court previously extended, at the behest of the Debtor, the period
of time during which the Debtor alone holds the right to file a
plan to June 16, 2016, and solicit votes from creditors to Aug. 14,
2016.  

The Debtor says that it is actively working toward filing a plan.
The Debtor has continued to manage and run operations at both the
Phoenix Facility and the Columbus Facility, and has been paying
their expenses as they come due as set forth in the Court's
approved cash collateral orders.  Bank of America, TGF Holdings,
LLC, the Bank's successor lender (affiliated with Tommy Fisher),
and the Committee of Unsecured Creditors have consented to the
Debtor's motion to use the cash collateral.

The Debtor has diligently worked with prospective lenders to obtain
refinancing needed to "take out" the TGF secured loan (the $25.5
million loan previously held by Bank of America).  The refinancing
process has gone well thus far.  In addition, the refinancing
process has proceeded in accordance with a time frame that the
Debtor communicated to the Committee, Fisher (and previously the
Bank).  Under that time line, the Debtor committed to filing a plan
backed by a firm lending commitment by no later than Aug. 1, 2016.

Presently the Debtor has two term sheets, and is expecting at least
two more, from lenders that would serve as a feasible basis for a
refinance of its outstanding loan.  As the Debtor has indicated to
Fisher and the Committee, the Debtor anticipates a plan that
proposes to take out the TGF loan and pay the unsecured creditors
in full within approximately three years.  The Debtor has
previously furnished detailed reasonable projections supporting the
economics of a plan to the Committee, Fisher and previously Bank of
America.

In addition to the negotiations with potential refinancing sources,
the Debtor has had discussions with the Committee regarding various
matters related to the treatment of their constituents and the
terms of a plan reorganization.  Those proposed terms include
discussions about payment of 503(b)(9) claims, the timeline for
payment of general unsecured claims, contributions by Johnnie
Caldwell to assist in funding the plan, and the management
structure of the reorganized debtor.

                  About Int'l Technical Coatings

International Technical Coatings, Inc., is a Phoenix, Arizona-based
steel wire manufacturer.  It has facilities located in Phoenix,
Arizona and Columbus, Ohio.

ITC filed a Chapter 11 bankruptcy petition (Bank. D. Ariz. Case No.
15-14709) on Nov. 18, 2015.  John Caldwel, the chairman, signed the
petition.  Judge Madeleine C. Wanslee is assigned the case.

Bank of America Bank, N.A., which is owed more than $25.7 million
in outstanding matured, defaulted loan obligations, applied for the
appointment of a receiver over ITC on Oct. 28, 2015.  The Maricopa
County Superior Court held an initial hearing on the matter on Nov.
4.  A final hearing on the appointment of a receiver was scheduled
for Nov. 18 at 1:30 p.m.  Unable to secure an agreement with the
Bank prior to the scheduled hearing, ITC filed for Chapter 11
protection.

In its petition, the Debtor estimated assets of $50 million to $100
million and liabilities of more than $10 million.

The Debtor tapped Osborn Maledon, P.A., as bankruptcy counsel.
Morris Anderson & Associates, Ltd., serves as its financial
advisor.

The Office of the U.S. Trustee appointed seven creditors to the
official committee of unsecured creditors.  Stinson Leonard Street,
LLP represents the committee.  The Law Offices of Michael W.
Carmel, Ltd., serves as its conflicts counsel.  The Committee
retained KRyS Global, USA, as its financial advisor.

Secured creditor Bank of America is represented by Robert J.
Miller, Esq., Kyle S. Hirsch, Esq., and Amanda L. Cartwright, Esq.,
at Bryan Cave LLP.


INTERVENTION ENERGY: Hires Rust/Omni as Claims and Noticing Agent
-----------------------------------------------------------------
Intervention Energy Holdings, LLC., et al., seek authority from the
U.S. Bankruptcy Court for the District of Delaware to employ Rust
Consulting/Omni Bankruptcy as claims and noticing agent to the
Debtors.

Intervention Energy requires Rust/Omni to:

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

   b) maintain an official copy of the Debtors' schedules of
      assets and liabilities and statements of financial affairs
      (collectively, the "Schedules"), listing the Debtors' known
      creditors and the amounts owed, if requested;

   c) maintain (i) a list of all potential creditors, equity
      holders, and any parties in interest and (ii) a "core"
      mailing list consisting of all parties described in Federal
      Rule of Bankruptcy Procedure 2002(i), (j), and (k) and
      those parties that have filed a notice of appearance under
      Federal Rule of Bankruptcy Procedure 9010; update and make
      those lists available upon request by any 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 potential creditors of the existence,
      amount, and classification of their respective claims as
      set forth in the Schedules, which Rust/Omni can carry out
      by including such information (or the lack thereof, in
      cases where the Schedules indicate no debt due to the
      subject party) on a customized proof of claim form provided
      to potential creditors;

   e) 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 that includes: (i)
      either a copy of the notice served or the docket number(s)
      and title(s) of the pleading(s) served, (ii) an
      alphabetical list of persons to whom it was mailed with
      their addresses, (iii) the manner of service, and (iv) the
      date served;

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

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

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

   i) record any transfers of claims and provide any notices of
      such transfers as required by Federal Rule of Bankruptcy
      Procedure 3001(e);

   j) relocate, by messenger or overnight delivery, any court-
      filed proofs of claim to Rust/Omni's offices, not less than
      weekly;

   k) upon completion of the docketing process for any claims
      received to date for each case, provide to the Clerk copies
      of the Claims Registers for the Clerk's review (upon the
      Clerk's request);

   l) 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 (if any) and any service or mailing lists,
      including the identification and elimination of duplicative
      names and addresses from such lists;

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

   n) assist in the dissemination of information to the public
      and respond to requests for administrative information on
      these chapter 11 cases as directed by the Debtors or the
      Court, including through a case website or call center;

   o) 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;

   p) thirty days before the close of these chapter 11 cases, to
      the extent practicable, 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 these chapter 11 cases;

   q) within seven days of notice to Rust/Omni of entry of an
      order closing these chapter 11 cases, provide to the Court
      the final version of the Claims Registers as of the date
      immediately before the close of these chapter 11 cases; and

   r) at the close of these chapter 11 cases, box and transport
      all original documents, in proper format, as provided by
      the Clerk's office, to (i) the Federal Archives Record
      Administration, located at Central Plains Region, 200 Space
      Center Drive, Lee's Summit, MO 64064 or (ii) any other
      location requested by the Clerk's office.

Rust/Omni will be paid at these hourly rates:

     Clerical Support                     $26.25-$37.50
     Project Specialists                  $48.75-$63.75
     Project Supervisors                  $63.75-$78.75
     Consultants                          $78.75-$105.00
     Technology/Programming               $82.50-$123.75
     Senior Consultants                   $131.25-$146.25
     Equity Services                      $168.75

Prior to the Petition Date, the Debtors provided Rust/Omni a $5,000
retainer. Rust/Omni seeks to first apply the Retainer to all
prepetition invoices, which Retainer would be replenished to the
original retainer amount, and thereafter Rust/Omni may hold the
Retainer during the pendency of these Chapter 11 Cases as security
for the payment of fees and expenses incurred under the Engagement
Agreement.

Rust/Omni will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Paul H. Deutch, Executive Managing Director of Rust Consulting/Omni
Bankruptcy 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.

Rust/Omni can be reached at:

     Paul H. Deutch
     RUST CONSULTING/OMNI BANKRUPTCY
     1120 Avenue of the Americas, 4th Floor
     New York, NY 10036
     Tel: (212) 302-3580
     Fax: (212) 302-3820

                     About Intervention Energy

Intervention Energy Holdings, LLC filed for Chapter 11 protection
(Bankr. D. Del. Case No. 16-11247) on May 20, 2016. The petition
was signed by John R. Zimmerman, president. The Hon Kevin J. Carey
presides over the case.

The Debtor estimated assets of $100 million to $500 million and
estimated debts of $100 million to $500 million.

Intervention Energy Holdings listed Statoil Oil & Gas LP as its
largest unsecured creditor holding a trade claim of $3.80 million.


IRON MOUNTAIN: S&P Assigns 'BB-' Rating on Proposed $500MM Notes
----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '3'
recovery rating to Iron Mountain Inc.'s (Iron Mountain's) proposed
$500 million senior unsecured notes due 2021 and Iron Mountain US
Holdings Inc.'s proposed $250 million senior unsecured notes due
2026.

The '3' recovery rating indicates S&P's expectation for meaningful
recovery (50%-70%; lower half of the range) of principal in the
event of a payment default.  Iron Mountain will use the proceeds to
repay the bridge loan it used to fund its acquisition of Recall
Holdings Ltd.  The issue-level rating is at the same level as S&P's
corporate credit rating on Iron Mountain.

Pro forma for the debt offering, Iron Mountain's adjusted leverage
remains virtually unchanged in the mid-5x area as of March 31,
2016.  S&P expects leverage to decrease to the low-5x area by the
end of 2017 and to below 5x by year-end 2018 as the company
realizes the synergies from the Recall acquisition over the next
few years.

S&P assesses Iron Mountain's business risk profile as satisfactory,
reflecting the company's position as the largest records management
company globally.  The business benefits from low customer
attrition, high switching costs, and long-term storage contracts
that provide stable and recurring revenue.  These strengths are
somewhat offset by the threat of digital storage reducing physical
storage volume over time.

The stable rating outlook on Iron Mountain reflects S&P's
expectation that the company will be able to leverage its increased
size, scale, and geographic diversification to generate low- to
mid-single-digit organic revenue growth while improving its
operating margins.

RATINGS LIST

Iron Mountain Inc.
Corporate Credit Rating              BB-/Stable/--

New Ratings

Iron Mountain Inc.
$500 mil senior unsecured notes due 2021      BB-
  Recovery Rating                              3L

Iron Mountain US Holdings Inc.
$250 mil senior unsecured notes due 2026      BB-
  Recovery Rating                              3L


ITUS CORP: Incurs $1.27 Million Net Loss in Second Quarter
----------------------------------------------------------
ITUS Corporation filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $1.27
million on $0 of revenue for the three months ended March 31, 2016,
compared to a net loss of $2.23 million on $25,000 of total revenue
for the three months ended March 31, 2015.

The Company also reported a net loss of $2.86 million on $0 of
revenue for the six months ended April 30, 2016, compared to net
income of $1.51 million on $9.16 million of total revenue for the
same period in 2015.

As of April 30, 2016, ITUS had $7.20 million in total assets, $4.64
million in total liabilities and $2.55 million in total
shareholders' equity.

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

                      https://is.gd/d70rJ3

                    About ITUS Corporation

ITUS Corp. -- http://www.ITUScorp.com/-- develops and acquires
patented technologies for the purposes of patent monetization and
patent assertion.  The company currently has 10 patent portfolios
in the areas of Key Based Web Conferencing Encryption, Encrypted
Cellular Communications, E-Paper(R) Electrophoretic Display, Nano
Field Emission Display ("nFED"), Micro Electro Mechanical Systems
Display ("MEMS"), Loyalty Conversion Systems, J-Channel Window
Frame Construction, VPN Multicast Communications, Internet
Telephonic Gateway, and Enhanced Auction Technologies.

CopyTele changed its name to "ITUS Corporation" on Sept. 2, 2014,
to reflect the Company's change in its business operations.

ITUS Corporation reported a net loss of $1.37 million on $9.25
million of total revenue for the year ended Oct. 31, 2015, compared
to a net loss of $9.60 million on $3.66 million
of total revenue for the year ended Oct. 31, 2014.


J & N ACQUISITIONS: Exclusive Plan Filing Period Ends on June 13
----------------------------------------------------------------
The Hon. Paul G. Hyman, Jr., of the U.S. Bankruptcy Court for the
Southern District of Florida has extended, at the behest of J & N
Acquisitions, Inc., the exclusivity period within which the Debtor
is required to file its plan and disclosure statement through and
including June 13, 2016.

As reported by the Troubled Company Reporter on May 16, 2016, the
Debtor sought the extension, saying that it is currently in
negotiations with secured creditors.  The Debtor has otherwise
complied with all Chapter 11 reporting requirements and no other
creditor or interested party would be prejudiced by the delay.

Headquartered in Port St. Lucie, Florida, J & N Acquisitions, Inc.,
dba Kids Place filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Fla. Case No. 15-30152) on Nov. 16, 2015, listing $1.14
million in total assets and $2.15 million in total liabilities.
The petition was signed by Janice Williams, CEO.

Judge Paul G. Hyman, Jr., presides over the case.

Malinda L Hayes, Esq., at Markarian Frank White-Boyd & Hayes serves
as the Debtor's bankruptcy counsel.


JAMES HALLIDAY LLC: 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 James W. Halliday, Jr., DMD, LLC.

James W. Halliday, Jr., DMD, LLC, sought protection under Chapter
11 of the Bankruptcy Code in the District of Alaska (Anchorage)
(Case No. 16-00088) on April 14, 2016. The petition was signed by
James W. Halliday, managing member.

The Debtor is represented by David H. Bundy, Esq., at David H.
Bundy, P.C.

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


JAMES HOFFMAN: Ocwen's Secured Claim Can't Be Modified, Court Rules
-------------------------------------------------------------------
Judge John K. Sherwood of the U.S. Bankruptcy Court for the
District of New Jersey ruled that Ocwen Loan Servicing, LLC's claim
against James C. Hoffman is not secured by property other than the
Debtor's principal residence, it may not be modified pursuant to
Section 1123(b)(5) of the Bankruptcy Code.

A full-text copy of Judge Sherwood's May 24, 2016 Opinion is
available at http://bankrupt.com/misc/HOFFMAN490524.pdf

The bankruptcy case is In Re: JAMES C. HOFFMAN, Case No. 15-10156
(JKS)(Bankr. D.N.J.).

APPEARANCES:

          Dean G. Sutton, Esq.
          18 Green Rd.
          PO Box 187
          Sparta, New Jersey 07871
          Counsel for Debtor

             -- and --

          Veroneque A. T. Blake, Esq.
          Udren Law Offices P.C.
          Woodcrest Corporate Center
          111 Woodcrest Road, Suite 200
          Cherry Hill, New Jersey 08003-3620
          Counsel for Ocwen


JOHN JOHNSON: Court Enforces Automatic Stay Against RFF
-------------------------------------------------------
Judge John E. Hoffman, Jr., of the United States Bankruptcy Court
for the Southern District of Ohio, Eastern Division, Columbus,
granted John Joseph Louis "Jack" Johnson, III's motion to enforce
the automatic stay and sets a hearing on the issues of (1) the
amount of the Debtor's attorneys' fees that RFF Family Partnership,
LP must pay and (2) whether punitive damages should be imposed
against RFF and if so, in what amount.

In this contested matter, the Debtor seeks to enforce the automatic
stay against RFF Family Partnership, LP and recover damages for its
willful violation of the stay. The Debtor is a professional hockey
player with the Columbus Blue Jackets of the National Hockey League
who filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code. The Debtor has since then sought to convert his
case to Chapter 7, resulting in a spate of litigation in this Court
between the Debtor and a group of his largest creditors, who seek
to share in the Debtor's significant future earnings.

One such creditor is RFF. Alleging that the Debtor defrauded it,
RFF instituted a prepetition arbitration proceeding against the
Debtor and several related parties who had issued it a note
allegedly secured by the Debtor's player contract. The Debtor
asserted counterclaims against RFF in the arbitration, asserting
that it was RFF that defrauded him and his co-borrowers. The Debtor
also denied that RFF has a perfected security interest in his
player contract. Before the arbitration could proceed further, the
Debtor filed his bankruptcy petition. Since then, RFF has continued
to demonstrate its desire for one thing: the Debtor's multi-million
dollar salary. But the automatic stay, which was triggered upon the
Debtor's bankruptcy filing, prevented RFF from asserting any rights
in the Debtor's income outside of this Court and from obtaining
findings that might impair the Debtor's claims against RFF. This is
because the automatic stay prohibits any attempt by a creditor to
take an action to exercise control over property of the Debtor's
bankruptcy estate, which includes the Debtor's employment contract
and his claims against RFF.

But without seeking relief from the automatic stay or even
informing the Debtor of its actions, RFF continued the arbitration
proceeding under the pretense of asserting claims against parties
related to the Debtor. RFF ultimately obtained an arbitration award
containing a finding that it has a perfected security interest in
the Debtor's player contract and other findings that would defeat
the Debtor's claims against RFF. By obtaining these findings and a
state court order confirming the arbitration award, RFF attempted
to exercise control over the Debtor's bankruptcy estate—both his
salary and his counterclaims—to the detriment of the Debtor and
his other creditors. And RFF sought these findings intentionally
and with full knowledge of the Debtor's bankruptcy, in willful
violation of the automatic stay.

A full-text copy of the Opinion and Order dated April 28, 2016 is
available at https://is.gd/NEhYVL from Leagle.com.

In re JOHN JOSEPH LOUIS JOHNSON, III, Chapter 11, Debtor,Case No.
14-57104 (Bankr. S.D. Ohio).

John Joseph Louis Johnson, III, Debtor In Possession, is
represented by Daniel A DeMarco, Esq. --dademarco@hahnlaw.com --
Rocco I Debitetto, Marc J Kessler, Esq. -- mjkessler@hahnlaw.com
--
Hahn Loeser & Parks LLP.

Assistant US Trustee (Col), U.S. Trustee, is represented by Pamela
Arndt.


JUROMA PROPERTIES: Hires Scura Wigfield as Counsel
--------------------------------------------------
Juroma Properties, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of New Jersey to employ Scura Wigfield Heyer
& Stevens, LLP as counsel to the Debtor.

Juroma Properties requires Scura Wigfield to:

   -- give advice to the Debtor regarding its powers and duties
      as Debtor in the operation of the Debtor's business;

   -- represent Debtor in bankruptcy matters and adversary
      proceedings; and

   -- perform all legal services for the Debtor which may be
      necessary.

Scura Wigfield will be paid at these hourly rates:

     Partners                       $425
     Associates                     $350
     Paralegals                     $150

David L. Stevens, Esq., member of Scura Wigfield Heyer & Stevens,
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.

Scura Wigfield can be reached at:

     David L. Stevens, Esq.
     SCURA, WIGFIELD, HEYER & STEVENS, LLP
     1599 Hamburg Turnpike
     Wayne, New Jersey 07470
     Tel.: (973) 696-8391

                      About Juroma Properties

Juroma Properties, LLC filed for Chapter 11 protection (Bankr.
D.N.J. Case No. 16-17985-VFP) on May 10, 2016. The Hon Vincent F.
Papalia presides over the case.


K.L.M. PLUMBING: 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 K.L.M. Plumbing, Inc.

K.L.M. Plumbing, Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the Middle District of Florida (Orlando) (Case
No. 16-02619) on April 21, 2016. The petition was signed by Kenneth
Marsh, president.

The Debtor is represented by James H. Monroe, Esq., at James H.
Monroe, P.A.

The Debtor disclosed total assets of $563,384 and total debts of
$1.26 million.


KJZ SUNRISE: Hires Bush Ross as General Bankruptcy Counsel
----------------------------------------------------------
KJZ Sunrise, LLC, seeks authority from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Bush Ross, P.A. as
general bankruptcy counsel to the Debtor.

KJZ Sunrise requires Bush Ross to:

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

   b. take the necessary action to recover any preferential
      transfers, fraudulent transfers or other voidable
      transfers;

   c. enjoin or stay any and all suits and proceedings against
      the Debtor affecting its ability to continue in business or
      affecting its property;

   d. represent the Debtor in any negotiations with potential
      financing sources, and to prepare any contracts, security
      agreements, or other documents necessary to obtain
      financing;

   e. represent the Debtor with respect to any issues relating to
      the use of cash collateral;

   f. represent the Debtor with respect to any issues relating to
      the rejection, assumption or assignment of the Debtor's
      executory contracts or unexpired leases;

   g. represent the Debtor with respect to any issues relating to
      the resolution of claims asserted against the Debtor;

   h. represent the Debtor in the negotiation and preparation of
      any plans of reorganization and disclosure statements;

   i. represent the Debtor in all adversary proceedings,
      contested matters and matters involving administration of
      the bankruptcy case, whether brought in federal or state
      court;

   j. prepare on behalf of the Debtor all necessary petitions,
      answers, motions, orders, reports, and other legal papers;
      and

   k. perform all other legal services for the Debtor that may be
      necessary in the bankruptcy case.

Bush Ross will be paid a reasonable attorney's fee and will be
reimbursed for reasonable and necessary costs as approved and
authorized by the Bankruptcy Court.

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.

Bush Ross can be reached at:

     Bush Ross, P.A.
     1801 N Highland Ave
     Tampa, FL 33602
     Tel: (813) 224-9255

                       About KJZ Sunrise

KJZ Sunrise, LLC filed for Chapter 11 protection (Bankr. M.D. Fla.
Case No. 16-04069) on May 11, 2016. The petition was signed by
Ranald Stewart Jr., president.

The debtor estimated assets of $10 million to $50 million and
estimated debts of $10 million to $50 million.


KYLE PARKER: Court Affirms $1.7MM Valuation of Renters Parcel
-------------------------------------------------------------
Judge Neil V. Wake of the United States District Court for the
District of Arizona affirmed the bankruptcy court's valuation in
its September 15, 2015 Valuation Order and dismissed Parker's
appeal from the bankruptcy court's September 25, 2015 Stay-Relief
Order for lack of jurisdiction In the Appeal styled Kyle Parker,
Appellant, v. CSFB 2005-C3 Payson Homes, LLC; Jean Glover,
Appellees, No. CV-15-02106-PHX-NVW WO, Consolidated with No.
CV-15-02108-PHX-NVW.

Kyle Parker appeals from two bankruptcy court orders in a Chapter
11 case. The first determined the value of real property pursuant
to 11 U.S.C. Section 506(a). The second granted relief from
automatic stay pursuant to 11 U.S.C. Section 362(d).

In August 2015, the bankruptcy court heard argument on the value of
Kyle Parker's renters parcel which consists of one parcel
containing mobile home spaces that are rented to park residents and
on Payson Homes' motion to lift the automatic stay. As to the
renters parcel, the court rejected Parker's expert's methodology
and deemed the $255,000 figure irrelevant. The court accepted
Payson Homes' expert's methodology but determined that he
underestimated how much it would cost to make a standalone mobile
home park. The court estimated it would cost another $1 million,
making the correct valuation $1,660,000, not $2,660,000.
Accordingly, the court decided Parker's reorganization plan could
not be confirmed as written.

As to the automatic stay, the court noted that this "2014 case" was
aging and doubted whether Parker could "realistically" work with
the court's $1,660,000 valuation. The court decided the stay would
be lifted unless Parker could confirm a new, binding reorganization
plan.

The court published these decisions in two short written orders on
September 15 and 25, 2015. In the first (the "Valuation Order"),
the court valued the renters parcel at $1,660,000, denied
confirmation of Parker's plan, and ordered Parker to use the
$1,660,000 value in any amended plan. In the second (the
"Stay-Relief Order"), the court granted Payson Homes' motion to
lift the automatic stay and ordered "the automatic stay is lifted
as of 5:00 p.m. on Friday, November 27, 2015, unless Parker
confirms a plan that binds Payson Homes or the parties reach a
settlement prior to that time and date." Parker appeals from these
orders.

A full-text copy of the Order dated April 15, 2016 is available at
https://is.gd/Eo8CaG from Leagle.com.

The bankruptcy case is In re Kyle Parker, Debtor, Bk. No.
14-BK-01941-GBN.

Kyle Osley Parker, Appellant, is represented by Aubrey Laine
Thomas, Davis Miles McGuire Gardner PLLC & Pernell Whynn McGuire,
Davis Miles McGuire Gardner PLLC.

Wells Fargo Bank NA, Creditor, is represented by Christopher Julius
Dylla, Esq. -- McCarthy Holthus Levine.

CSFB 2005-C3 Payson Homes LLC, Appellee, is represented by Jonathan
Marc Saffer, Esq. -- jmsaffer@swlaw.com -- Snell & Wilmer LLP &
Robert Richard Kinas, Esq. -- rrkinas@swlaw.com -- Snell & Wilmer
LLP.

Jean Glover, Appellee, is represented by Thomas S Moring, Esq. --
tsm@jaburgwilk.com -- Jaburg & Wilk PC.

Ascension Capital Group, BK Notice Party, Pro Se.

United States Trustees Office, Trustee, is represented by Patty
Chan, US DOJ.


LATTICE INC: Amends March 31 Quarterly Report
---------------------------------------------
Lattice Incorporated filed with the Securities and Exchange
Commission an amended quarterly report on Form 10-Q for the period
ended March 31, 2016, to correct the disclosure in Part I, Item 4,
relating to Controls and Procedures.

"We maintain disclosure controls and procedures that are designed
to ensure that information required to be disclosed in our Exchange
Act reports is recorded, processed, summarized and reported within
the time periods specified in the Securities and Exchange
Commission's rules and forms and that such information is
accumulated and communicated to our management, including our Chief
Executive Officer and Chief Financial Officer, as appropriate, to
allow for timely decisions regarding required disclosure.  In
designing and evaluating the disclosure controls and procedures,
management recognizes that any controls and procedures, no matter
how well designed and operated, can provide only reasonable
assurance of achieving the desired control objectives, and
management is required to apply its judgment in evaluating the
cost-benefit relationship of possible controls and procedures.  Our
disclosure controls and procedures were designed to provide
reasonable assurance that the controls and procedures would meet
their objectives.

"As required by SEC Rule 13a-15(b), our management carried out an
evaluation, with the participation of our Chief Executive and Chief
Financial Officer, of the effectiveness of the design and operation
of our disclosure controls and procedures as of the end of the
period covered by this report.  Based on the foregoing, our Chief
Executive Officer and Chief Financial Officer concluded that our
disclosure controls and procedures were not effective for the
reasons described in our Annual Report on Form 10-K for the year
ended December 31, 2015 (the "10-K").  The disclosure in Item 9A -
"Disclosure Controls and Procedure" and "Management's Report on
Internal Control over Financial Reporting" from the 10-K is
incorporated herein by reference.  We are exploring options to
remedy the material weakness in our internal control over financial
reporting described in the 10-K."

Changes in Internal Controls

"There were no other changes in our internal control over financial
reporting during the three months ended March 31, 2016 that
materially affected or is reasonably likely to materially affect
our internal control over financial reporting."

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

                    https://is.gd/38jB4r

                     About Lattice Inc.

Pennsauken, New Jersey-based Lattice Incorporated provides
telecommunications services to correctional facilities and
specialized telecommunication service providers in the United
States.

Lattice reported a net loss available to common shareholders of
$5.55 million on $7.58 million of revenue for the year ended Dec.
31, 2015, compared to a net loss available to common shareholders
of $1.82 million on $8.94 million of revenue for the year ended
Dec. 31, 2014.

As of March 31, 2016, Lattice had $3.63 million in total assets,
$11.15 million in total liabilities and a total shareholders'
deficit of $7.52 million.

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 a working capital deficit and requires additional
working capital to meet its current liabilities.  These factors
raise substantial doubt about the Company's ability to continue as
a going concern.


LEO MOTORS: Inks $10 Million Purchase Agreement with Investor
-------------------------------------------------------------
Leo Motors, Inc., on May 17, 2016, entered into a Securities
Purchase Agreement with an accredited investor, pursuant to which
the Company may issue and sell to the Investor $10,000,000 of the
Company's registered common stock.  The parties also entered into a
Registration Rights Agreement dated May 17, 2016, whereby the
Company has agreed to provide certain registration rights under the
Securities Act of 1933, as amended, and applicable state laws.

Pursuant to the Agreements, the Company shall register the Shares
pursuant to a registration statement on Form S-1 (or on such other
form as is available to the Company within 45 days of the execution
of the Agreements).  In addition, the Company agreed to use its
best efforts to cause such registration statement to be declared
effective within 120 days after the initial filing with the
Securities Exchange Commission.  Pursuant to the terms of the
agreements, the Company shall reserve a sufficient number of shares
of the Company's common stock for the purpose of enabling the
Company to issue Shares pursuant to the Agreements.

Subject to the terms and conditions of the Equity Line Agreement,
including that there is an effective registration statement, the
Company, at its sole and exclusive option, may issue and sell to
the Investor, and the Investor shall purchase from the Company, the
Shares upon the Company's delivery of written notices to the
Investor.  The aggregate maximum amount of all purchases that the
Investor shall be obligated to make under the Equity Line Agreement
shall not exceed $10,000,000.  Once a written notice is received by
the Investor, it shall not be terminated, withdrawn or otherwise
revoked by the Company.

The amount for each purchase of the Shares as designated by the
Company in the applicable draw down notices shall be equal to the
lesser of (i) 4.99% of the then-current shares outstanding or (ii)
the previous 10-day average trading volume of the draw down shares
multiplied by 3.  There shall be a minimum draw down investment
amount  of $25,000 and a maximum draw down investment amount of
$1,000,000 unless otherwise agreed upon by the Company and the
Investor.

The purchase price for the Shares to be paid by the Investor shall
be the average of the lowest two (2) VWAPS during 5 consecutive
Trading Days following the delivery by the Company of a notice plus
a 5% discount.

The Company claims an exemption from the registration requirements
of the Securities Act of 1933, as amended, for the issuance of the
securities referenced herein pursuant to Section 4(a)(2) of the Act
and Regulation D promulgated thereunder.

                        About Leo Motors

Headquartered in Hanam City, Gyeonggi-do, Republic of Korea, Leo
Motors, Inc., a Nevada corporation, is currently engaged in the
research and development of multiple products, prototypes and
conceptualizations based on proprietary, patented and patent
pending electric power generation, drive train and storage
technologies.

In 2011, the Company determined its investment in Leo B&T Inc. an
investment account was impaired and recorded an expense of
$4.5 million.  During the 2012 year the Company had a net non
operating income largely from the result of the forgiveness of
debt for $1.3 million.

Leo Motors reported a net loss of US$4.49 million on US$4.29
million of revenues for the year ended Dec. 31, 2015, compared to a
net loss of US$4.48 million on US$693,000 of revenues for the year
ended Dec. 31, 2014.

As of March 31, 2016, Leo Motors had $6.19 million in total assets,
$5.18 million in total liabilities and $1 million in total equity.


LIQUIDMETAL TECHNOLOGIES: Stockholders Elect Six Directors
----------------------------------------------------------
Liquidmetal Technologies, Inc., held its annual meeting of
stockholders on May 19, 2016, at which the stockholders:

   (i) elected Thomas Steipp, Yeung Tak Lugee Li, Abdi Mahamedi,
       Bob-Howard Anderson, Richard Sevcik and Walter Weyler
       to the Company's board of director;

  (ii) adopted the Company's Amended and Restated Certificate of
       Incorporation to increase the number of shares of common
       stock that the Company is authorized to issue from
       700,000,000 shares to 1,100,000,000 shares;

(iii) granted advisory approval of the compensation of the
       Company's named executive officers; and

(iv) ratified the appointment of SingerLewak LLP as the Company's
      independent registered public accounting firm for fiscal
       year 2016.

                  About Liquidmetal Technologies

Based in Rancho Santa Margarita, Cal., Liquidmetal Technologies,
Inc., and its subsidiaries are in the business of developing,
manufacturing, and marketing products made from amorphous alloys.
Liquidmetal Technologies markets and sells Liquidmetal(R) alloy
industrial coatings and also manufactures, markets and sells
products and components from bulk Liquidmetal alloys that can be
incorporated into the finished goods of its customers across a
variety of industries.  The Company also partners with third-
party licensees and distributors to develop and commercialize
Liquidmetal alloy products.

Liquidmetal reported a net loss and comprehensive loss of $7.31
million on $125,000 of total revenue for the year ended Dec. 31,
2015, compared to a net loss and comprehensive loss of $6.55
million on $603,000 of total revenue for the year ended Dec. 31,
2014.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, stating that the Company has suffered
recurring losses from operations, has negative cash flows from
operations and has an accumulated deficit.  This raises substantial
doubt about the Company's ability to continue as a going concern.


MAHI LLC: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------
Debtor: Mahi, LLC
           dba Carom Inn
        2311 Home Depot Drive
        Denham Springs, LA 70726

Case No.: 16-10601

Chapter 11 Petition Date: May 24, 2016

Court: United States Bankruptcy Court
       Middle District of Louisiana (Baton Rouge)

Judge: Hon. Douglas D. Dodd

Debtor's Counsel: Ryan James Richmond, Esq.
                  STEWART ROBBINS & BROWN LLC
                  620 Florida Street, Suite 100
                  Baton Rouge, LA 70801
                  Tel: 225-231-9998
                  Fax: 225-709-9467
                  E-mail: rrichmond@stewartrobbins.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Bhagirath Joshi, manager.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/lamb16-10601.pdf


MARINUS VAN PEENEN: Selling Property for $580,000
-------------------------------------------------
Marinus Van Peenen on May 23, 2016, filed with the U.S. Bankruptcy
Court for the District of New Jersey a motion to sell her and the
non-debtor co-owner's right, title, and interest in the Debtor's
real property located at 45 Sylvan Terrace, Wayne, New Jersey, to
Azzam Ismaeel and Litsa Ayoub for the sum of $580,000, or to such
other party who may make a higher or better offer.  The proposed
sale will be free and clear of valid liens, mortgages, claims, and
encumbrances of any kind or nature, with all such interests to
attach to the proceeds of sale. The sale shall be "as is, where is"
with payment of the full purchase price to be paid at closing.  A
hearing on the Debtor's motion is scheduled for June 14, 2016, at
11:00 a.m.  Any party desiring to make a higher or better offer may
do so at the scheduled hearing.

Marinus J. Van Peenen filed a Chapter 11 petition (Bankr. D.N.J.
Case No. 15-26283) on Aug. 28, 2015.

The Debtor's attorneys:

         HOOK & FATOVICH, LLC
         1044 Route 23 North, Suite 204
         Wayne, NJ 07470
         Tel: 973-686-3800
         Fax: 973-686-3801
         Ilissa Churgin Hook, Esq.
         Milica A. Fatovich, Esq.


MARK NEIGHBORS: Court Denies Bid to Stay Ch. 7 Conversion Order
---------------------------------------------------------------
Judge Julie A. Robinson of the United States District Court for the
District of Kansas denied the Debtors' Motion for Stay of
Memorandum Opinion and Judgment Converting Case to Chapter 7
Pending Appeal in the bankruptcy case In re MARK STEPHEN NEIGHBORS
and SHELLY KAY NEIGHBORS, Debtors, Case No. 16-2003-JAR No,
Bankruptcy No. 11-21003-DLS.

United States Bankruptcy Judge Dale L. Somers entered an order
converting Debtors Mark and Shelly Neighbors' Chapter 11 bankruptcy
case to a Chapter 7 liquidation proceeding. Debtors appealed the
conversion of their bankruptcy proceedings which the bankruptcy
court denied. Debtors have now filed a Motion for Stay of
Memorandum Opinion and Judgment Converting Case to Chapter 7
Pending Appeal in this Court.

The Court concluded that Debtors have failed to show that the
bankruptcy court abused its discretion in denying their request for
a stay of the conversion order pending appeal. Moreover, even if
the Court were considering the request for stay de novo, it
concluded that Debtors have failed to meet their heavy burden of
showing that such relief is appropriate in this case.

A full-text copy of the Memorandum and Order dated April 29, 2016
is available at https://is.gd/5UyyA3 from Leagle.com.

Mark Stephen Neighbors, Appellant, is represented by Camron L.
Hoorfar, Esq. -- CHoorfar@Hoorfarlaw.com -- Law Office of Camron
Hoorfar, PC.

Shelly Kay Neighbors, Appellant, is represented by Camron L.
Hoorfar, Law Office of Camron Hoorfar, PC.

Patricia E. Hamilton, Trustee, Pro se.

Patricia E. Hamilton, Trustee, is represented by Patricia E.
Hamilton, Esq. -- phamilton@stevensbrand.com -- Stevens & Brand,
LLP.

U.S. Trustee's Office, Trustee, Pro Se.


MATCH GROUP: S&P Assigns 'BB-' Rating on Proposed $400MM Notes
--------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '5'
recovery rating to The Match Group Inc.'s proposed $400 million
senior unsecured notes due 2024.  The '5' recovery rating indicates
S&P's expectation for modest recovery (10%-30%; lower half of the
range) of principal in the event of a payment default.

Concurrently, S&P raised its issue-level rating on the company's
$800 million senior secured term B bank loan due 2022 to 'BBB-'
from 'BB+' and revised the recovery rating to '1' from '2'.  The
'1' recovery rating indicates S&P's expectation for very high
recovery (90%-100%) of principal in the event of a payment default.


S&P's 'BB' corporate credit rating and stable rating outlook on
Match are unchanged.  As of March 31, 2016, the company's adjusted
debt leverage was 3.7x, which is below S&P's threshold of 4x for
the current rating.  S&P believes that Match's adjusted debt
leverage could decline to the low-3x area by the end of 2016 due to
a combination of a full-year effect of Plentyoffish Media Inc.
ownership and modest debt repayment.

RECOVERY ANALYSIS

Key analytical factors:

   -- S&P's simulated default scenario contemplates a default in
      2020 due to underperforming acquisitions; a decline in the
      company's core brand, Match; or the emergence of a new
      disruptive online dating service.  S&P believes that if the
      company were to default its debtholders would achieve
      greater recovery through reorganization rather than
      liquidation.  In a hypothetical reorganization, S&P believes

      the company would sell or wind down nonstrategic or
      unprofitable brands.

   -- S&P's recovery rating on the senior unsecured notes reflects

      recoveries from unpledged foreign assets.  Foreign
      subsidiaries account for about 30% of S&P's simulated
      emergence valuation.

Simulated default assumptions

   -- Simulated year of default: 2020
   -- EBITDA at emergence: $179 million
   -- EBITDA multiple: 6x

Simplified waterfall

   -- Net enterprise value (after 5% administrative costs):
      $1.02 billion
   -- Senior secured debt: about $910 million
      -- Recovery expectation: 90%-100%
   -- Senior unsecured notes: about $884 million
      -- Recovery expectation: 10%-30% (lower half of the range)

RATINGS LIST

Match Group Inc. (The)
Corporate Credit Rating         BB/Stable/--

New Ratings

Match Group Inc. (The)
Senior Unsecured
  $400 million notes due 2024      BB-
   Recovery Rating                 5L

Upgraded; Recovery Rating Revised

Match Group Inc. (The)
                                     To         From
Senior Secured
  $800 mil term B bank ln due 2022   BBB-       BB+
   Recovery Rating                   1          2L


MCCLATCHY CO: Shareholders Elect 10 Directors
---------------------------------------------
The McClatchy Company shareholders elected 10 directors to one-year
terms, ratified the appointment of Deloitte & Touche LLP as the
company's independent registered public accounting firm for 2016,
and approved the adoption of an Amended and Restated Certification
of Incorporation allowing for a reverse stock split of the
company's outstanding Class A and B Common Stock.

Shareholders elected Fred Ruiz, who served as a Class B director
for 22 years, as a new Class A director and also re-elected
Elizabeth Ballantine and Clyde W. Ostler as Class A directors.
Leroy Barnes, Molly Maloney Evangelisti, Craig I. Forman, Brown
McClatchy Maloney, Kevin S. McClatchy, William McClatchy and
Patrick J. Talamantes were re-elected as Class B directors.

The company also said farewell to director Kathleen Foley
Feldstein, who retired today from the company's board after nine
years of service on McClatchy's board.  Chairman Kevin S. McClatchy
noted that Feldstein had served on the Knight Ridder board from
1998 until the acquisition on June 27, 2006, at which time she
began serving on the board of McClatchy, for an accumulated 18
years of service.  "Kate has contributed a great deal to the board
and her expertise and spirit will be missed, but we wish her all
the best in her retirement," he said.

In a separate action, the board of directors of McClatchy approved
a 1 for 10 reverse stock split that is expected to be effective as
of the beginning of trading on June 7, 2016.  Proforma for this
split and based on shares outstanding and McClatchy's closing price
as of today, McClatchy's post-split share price would be $11.40,
and post-split outstanding Class A shares would total approximately
5.3 million and Class B shares would total approximately 2.4
million.  The company's equity market capitalization of $88.6
million would be unchanged.

The company also announced that its board of directors approved an
increase to its share repurchase program that now authorizes the
Company to purchase up to $20 million of the Company's Class A
common stock through Dec. 31, 2016.  This authorization replaces
its previous repurchase program of $15 million, announced on Aug.
19, 2015, and covered the same time period. Approximately $1.9
million remained available for repurchases under the previous
program and McClatchy now has approximately $6.9 million available
for share repurchases through Dec. 31, 2016.  Through May 17, 2016,
McClatchy had repurchased approximately 11 million Class A shares
at an average price of $1.20 per share.

Pat Talamantes, McClatchy's president and CEO, provided an update
on McClatchy's business through the first quarter of 2016 and
strategies to continue its successful digital transformation.  The
full text of Talamantes' speech as well as a video of his
presentation is available at http://www.mcclatchy.com/

                 About The McClatchy Company

Sacramento, Cal.-based The McClatchy Company (NYSE: MNI)
-- http://www.mcclatchy.com/-- is a media company that provides
both print and digital news and advertising services.  Its
operations include 30 daily newspapers, community newspapers,
websites, mobile news and advertising, niche publications, direct
marketing and direct mail services.  Its owned newspapers include,
among others, the (Fort Worth) Star-Telegram, The Sacramento Bee,
The Kansas City Star, the Miami Herald, The Charlotte Observer,
and The (Raleigh) News & Observer.  The Company holds interest in
digital assets which include CareerBuilder, LLC, Classified
Ventures, LLC, HomeFinder, LLC, and Wanderful Media.

McClatchy reported a net loss of $300 million on $1.05 billion of
net revenues for the year ended Dec. 27, 2015, compared to net
income of $374 million on $1.14 billion of net revenues for the
year ended Dec. 28, 2014.

As of March 27, 2016, the Company had $1.88 billion in total
assets, $1.70 billion in total liabilities and $179 million in
total stockholders' equity.

                           *     *     *

McClatchy carries a 'Caa1' corporate family rating from Moody's
Investors Service.  In May 2011, Moody's changed the rating
outlook from stable to positive following the company's
announcement that it closed on the sale of land in Miami for
$236 million.  The outlook change reflects Moody's expectation
that McClatchy will utilize the net proceeds to reduce debt,
including its underfunded pension position, which will reduce
leverage by approximately half a turn and lower required
contributions to the pension plan over the next few years.

As reported by the TCR on April 2, 2014, Standard & Poor's Ratings
Services affirmed all ratings on U.S. newspaper company The
McClatchy Co., including the 'B-' corporate credit rating, and
revised the rating outlook to stable from positive.  The outlook
revision to stable reflects S&P's expectation that the
timeframe for a potential upgrade lies beyond the next 12 months,
and could also depend on the company realizing value from its
digital minority interests.


MEDIACOM COMMUNICATIONS: S&P Affirms B+ Rating on Sr. Unsec. Notes
------------------------------------------------------------------
S&P Global Ratings raised its issue-level rating on Mediacom Park,
N.Y.-based cable-TV operator Mediacom Communications Corp.'s
secured debt to 'BBB-' from 'BB+' after the company's subsidiaries,
Mediacom LLC and Mediacom Broadband Group, repaid the entire
balance on its term loan E due 2017 and term loan I due 2017,
respectively.  Also, S&P revised the recovery rating on the
company's secured debt to '1' from '2'.  The '1' recovery rating
indicates S&P's expectation for very high recovery (90%-100%) of
principal in the event of a payment default.  In addition, S&P is
affirming the 'B+' issue-level rating on the company's unsecured
debt.  The recovery rating on the unsecured debt remains '6',
indicating S&P's expectation for negligible recovery (0% to 10%)
for the unsecured noteholders.

Mediacom LLC funded the entire $82.9 million repayment of its term
loan E under its revolving credit facility, while Mediacom
Broadband funded the entire $245.6 million repayment of its term
loan I with $170.6 million of borrowings under its revolving credit
facility and a $75 million cash contribution from the parent,
Mediacom Communications Corp.  Because S&P's recovery analysis
assumes an 85% drawn revolver at the point of default, incremental
borrowings to help fund the paydown of the company's term loan E
and term loan I generate a net reduction in secured debt as part of
S&P's recovery analysis, which modestly increases recovery
prospects for secured lenders.

S&P's 'BB' corporate credit rating and stable outlook on Mediacom
Communications Corp. are unaffected, because S&P expects net debt
leverage to continue to be about 4x by fiscal year-end 2016.

RATINGS LIST

Mediacom Communications Corp.
Mediacom Broadband Group
Mediacom Broadband LLC
Corporate Credit Rating         BB/Stable/--

Upgraded; Recovery Rating Revised

Mediacom Broadband Group
MCC Georgia LLC
MCC Illinois LLC
MCC Iowa LLC
MCC Missouri LLC
Mediacom Arizona LLC
Mediacom California LLC
Mediacom Delaware LLC
Mediacom Illinois LLC
Mediacom Indiana LLC
Mediacom Iowa LLC
Mediacom Minnesota LLC
Mediacom Southeast LLC
Mediacom Wisconsin LLC
Zylstra Communications Corp.
Mediacom LLC Group
                                 To              From
  Senior Secured                 BBB-            BB+
   Recovery Rating               1               2H

Rating Affirmed; Recovery Rating Unchanged

Mediacom Broadband Corp.
Mediacom Broadband LLC
Mediacom Capital Corp.
Mediacom LLC
Senior Unsecured                B+
  Recovery Rating                6


MELVYN WEINTRAUB: Trustee Has Approval to Sell Stocks
-----------------------------------------------------
Albert Togut, not individually but solely in his capacity as
Chapter 11 trustee of the estates of Melvyn D. Weintraub and Linda
F. Weintraub, on May 23, 2016, won approval from the United States
Bankruptcy Court for the Southern District of New York to sell the
Debtors' publicly traded stocks.

The Trustee has learned that the Debtors own $55,000 worth of
shares of publicly traded shares of AT&T, Comcast and CenturyLink:


     (i) 81 common shares of CenturyLink (worth approximately
$2,550 based on current trading prices);

    (ii) 1,184 common shares of AT&T Inc. (worth approximately
$46,350 based on current trading prices); and

   (iii) 130 class A common shares of Comcast Corporation (worth
approximately $7,800 based on current trading prices).

The Stock is not subject to any known liens or exemptions, and the
Trustee has determined that the sale of the Stock through a
registered agent is appropriate.

According to Judge James L. Garrity, Jr.'s order, after deduction
of the transaction fee, Computershare is authorized and directed to
deliver the net sales proceeds of the Stock to the Trustee

                     About Melvyn D. Weintraub

Melvyn D. Weintraub and Linda F. Weintraub filed a joint voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
S.D.N.Y. Case No. 11-15499) on Nov. 29, 2011.

No committee of unsecured creditors has been appointed in this
case.

On Dec. 9, 2014, the Court entered an Order Directing the
appointment of a Chapter 11 trustee.  The U.S. Trustee appointed
Albert Togut as Chapter 11 trustee.

The Trustee and his firm can be reached at:

         Albert Togut, Esq.
         Neil Berger, Esq.
         Kyle J. Ortiz, Esq.
         TOGUT, SEGAL & SEGAL LLP
         One Penn Plaza, Suite 3335
         New York, NY 10119
         Tel: (212) 594-5000


MICHAEL JOSEPH KILROY: June 21 Hearing on Epps & Coulson's Fees
---------------------------------------------------------------
Judge Robert Kwan of the United States Bankruptcy Court for the
Central District of California, Los Angeles Division, in the
bankruptcy case is In re: MICHAEL JOSEPH KILROY, Chapter 11,
Debtor, Case No. 2:15-bk-15708-RK, ordered that the First and Final
Fee Application of Epps & Coulson, LLP, Attorneys for Robert C.
Warren, Chapter 11 Custodian, is scheduled to come on for hearing
before the undersigned United States Bankruptcy Judge on June 21,
2016 at 2:30 p.m., so that it may be heard with the the fee
applications filed in the related Chapter 11 case of Domum Locis
LLC (2:14-bk-23301-RK), if not later, in light of the current
status of the case and other factors. No appearances are required
at the April 27, 2016 hearing.

The final fee application has been objected to by several parties,
including Debtor and Creditor Lloyds Bank, which indicates that the
application should be considered a contested matter under Federal
Rule of Bankruptcy Procedure 9014. The court is not sure that it is
appropriate for it to consider the fee application on a final basis
and payment of the claimed fees as an administrative expense claim
under 11 U.S.C. Section 503 on a final basis since this Chapter 11
case is nowhere close to resolution through plan confirmation
proceedings, the other administrative expense claims with the same
priority have not been resolved and the ability of the bankruptcy
estate at this time to pay the claimed fees or any other
administrative expense claims, including the claimed fees of
counsel for Debtor, is doubtful at this time.

A full-text of the Order dated April 25, 2016 is available at
https://is.gd/kIGcwy from Leagle.com.

Michael Joseph Kilroy, Debtor, is represented by John-Patrick M
Fritz, Esq. -- jpf@lnbyb.com -- Levene Neale Bender Yoo et al,
David L. Neale, Esq. -- dln@lnbyb.com -- Levene Neale Bender Yoo &
Brill LLP.

United States Trustee (LA), U.S. Trustee, is represented by Alvin
Mar.


MPH ACQUISITION: Moody's Assigns B2 CFR; Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigns its B2 Corporate Family Rating
and B2-PD Probability of Default Rating to MPH Acquisition Holdings
LLC, the indirect parent of MultiPlan, Inc.  The ratings reflect
Multiplan's announced acquisition by Hellman & Friedman LLC from
current owners Starr Investment Holdings and Partners Group.  At
the same time, Moody's assigned B1 (LGD 3) ratings to the company's
proposed first lien senior secured credit facilities, including a
$3.270 billion senior secured first lien term loan and a $100
million senior secured first lien revolving credit facility.
Moody's also assigned a Caa1 (LGD 5) rating to the company's
proposed $1.3 billion senior unsecured note offering.  The proceeds
from the senior secured term loan, senior unsecured notes, and
contribution of common equity, will fund the acquisition, refinance
existing debt, and pay transaction fees and expenses.  Following
close of the Hellman acquisition Moody's will withdraw the ratings
on the company's existing first lien senior secured credit
facilities, including a $75 million senior secured first lien
revolving credit facility and a $2.2 billion senior secured first
lien term loan.  Moody's will also withdraw ratings on the
company's existing $1.0 billion senior unsecured notes.  The rating
outlook is stable.

Following is a summary of Moody's rating actions.

Ratings confirmed:

MPH Acquisition Holdings LLC (Old)

  Corporate Family Rating, B2
  Probability of Default Rating, B2-PD
  $75 million senior secured first lien revolving credit facility,

   rated B1 (LGD 3)
  $2.2 billion senior secured first lien term loan, rated B1 (LGD
   3)
  $1.0 billion senior unsecured notes, rated Caa1 (LGD 5)

Ratings to be withdrawn following close of the transaction:

  $75 million senior secured first lien revolving credit facility,

   rated B1 (LGD 3)
  $2.2 billion senior secured first lien term loan, rated B1
   (LGD 3)
  $1.0 billion senior unsecured notes, rated Caa1 (LGD 5)

The rating outlook is stable

Ratings assigned:

MPH Acquisition Holdings LLC

  Corporate Family Rating, B2

  Probability of Default Rating, B2-PD

  $100 million senior secured first lien revolving credit
   facility, rated B1 (LGD 3)

  $3.270 billion senior secured first lien term loan, rated B1
   (LGD 3)

  $1.3 billion senior unsecured notes, rated Caa1 (LGD 5)

The rating outlook is stable

                        RATINGS RATIONALE

The B2 CFR reflects MultiPlan's high financial leverage that
Moody's estimates at about 7.6x pro-forma for the pending
transaction.  Moody's also recognizes the company's aggressive
stance towards debt financed acquisitions and dividends as
demonstrated by this recent transaction, as well as declining
revenues within the company's primary network business.  The
ratings also reflect the company's modest scale based on revenues,
and high concentration among its largest healthcare payer
customers.  The ratings are supported by the company's leading
scale and market position in the Preferred Provider Organization
("PPO") industry, solid operating margins, and stable free cash
flow.  Moody's also acknowledges the PPO industry's high barriers
to entry, solid organic growth within MultiPlan's Analytics-Based
Solutions business, and the company's good historical track record
of debt reduction.  Despite very high financial leverage, Moody's
expects the company to generate positive free cash flow and
maintain a good liquidity profile.

The stable rating outlook reflects Moody's expectation that
financial leverage and cash flow to debt metrics will steadily
improve due to debt repayment and continued earnings growth over
the next 12-18 months, and that the company will not engage in any
material debt-financed acquisitions or shareholder initiatives.

The ratings could be downgraded if the company is unable to reduce
financial leverage to the mid-6x range by the end of 2017, with
further progress to below 6.0 times, or if the company engages in
any material debt financed acquisitions or shareholder initiatives.
In addition, the ratings could be lowered if the company's
availability under external liquidity sources deteriorates.

An upgrade is unlikely over the near-term due to the company's very
high financial leverage, small size, and high customer
concentration.  However, the ratings could be upgraded if adjusted
financial leverage is sustained to below 4.5 times, and Moody's
gain confidence that the company's financial policies are
consistent with maintaining leverage below this level.

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

MPH Acquisition Holdings LLC is a holding company whose principal
operating subsidiary is MultiPlan, Inc.  Based in New York City,
MultiPlan provides health care cost management services via
contract arrangements between health insurance companies, national
and regional health plans, third party administrators, self-insured
employers, Taft-Hartley sponsored plans and federal and state
government agencies.  Multiplan pays a negotiated rate to its
network providers after it receives payment from its payor
customers, and recognizes the difference as revenue.  Following
close of the acquisition, Multiplan will be privately owned by
Hellman & Friedman.  Multiplan generates over $900 million in
annual revenues.


MT. GOX: Creditors Seek Trillions in Bankrupt Company
-----------------------------------------------------
Nathaniel Popper, writing for The New York Times' DealBook,
reported that creditors claim they lost $2,411,412,137,427 when Mt.
Gox, the Tokyo-based virtual currency exchange, collapsed into
bankruptcy in 2014, after huge, unexplained losses of the volatile
digital currency Bitcoin.

According to the report, as with most of the people who lost money
with Bernard L. Madoff, the investment manager who was convicted of
running a Ponzi scheme, most of those who put their Bitcoin in Mt.
Gox will be disappointed: The Japanese trustee overseeing the case
said on May 25 that only $91 million in assets has been tracked
down to distribute to claimants -- a small portion of the more than
$500 million in assets that Mt. Gox claimed it had in the weeks
before it went bankrupt in February 2014, and a tiny portion of the
amount that claimants have requested.

The giant gaps between those numbers are an indication, if nothing
else, of the sheer number of dishonest people who have been drawn
to the fiasco around Mt. Gox and Bitcoin, the report said.  They
are also the latest reminders of the topsy-turvy nature of the
digital-currency realm, the report added.

The amount that claimants have requested from the Mt. Gox
bankruptcy estate is absurd on its face, given that all the
Bitcoins in the world today are worth about $7 billion, or 0.3
percent of the $2.4 trillion being claimed, the report noted.  Most
of that huge number is an outsize claim by one individual -- but
even after that is taken out, the rest of the claimants said they
lost some $27 billion, or 54 times what the exchange claimed it
held before it went under, the report said.

The trustee said at a meeting with creditors that $414 million of
the claims appeared to be legitimate and have been approved, the
report related.  Each of those claimants will get some portion of
the $91 million, the report further related.

                         About Mt. Gox

Bitcoin exchange MtGox Co., Ltd., filed a petition under Chapter
15 of the U.S. Bankruptcy Code on March 9, 2014, days after the
company sought bankruptcy protection in Japan.  The bankruptcy in
Japan came after the bitcoin exchange lost 850,000 bitcoins valued
at about $475 million "disappeared."

The Japanese bitcoin exchange halted trading in February 2014.  It
filed for bankruptcy protection in the U.S. to prevent customers
from targeting the cash it holds in U.S. bank accounts.

The Chapter 15 case is In re MtGox Co., Ltd., Case No. 14-31229
(Bankr. N.D. Tex.).  The Chapter 15 Petitioner is Robert Marie
Mark Karpeles, the company's chief executive officer.  Mr.
Karpeles
is represented by John E. Mitchell, Esq., and David William
Parham,
Esq., at Baker & Mcckenzie LLP, in Dallas, Texas.

The bankruptcy trustee and foreign representative of MtGox Co.
Ltd. with respect to the Japan Bankruptcy Proceedings:

     MtGox Co., Ltd.
     Office of Bankruptcy Trustee
     Kojimachi 3 chome building #202
     Kojimachi 3-4-1
     Chiyoda-ku, Tokyo
     Tel: +81-3-4588-3922
     Attn: Nobuaki Kobayashi

The Ontario Superior Court of Justice (Commercial List) on Oct. 3,
2014, ordered, pursuant to Section 272 of the Bankruptcy and
Insolvency Act, that the bankruptcy proceedings commenced with
respect to MtGox Co., Ltd. -- aka Mt. Gox KK and dba MtGox -- be
recognized as a "foreign main proceeding."

The Canadian legal counsel to the bankruptcy trustee and foreign
representative of MtGox Co., Ltd, are Jeffrey Carhart and Margaret
Sims, at Miller Thomson LLP.

The company said it has estimated assets of $10 million to $50
million and debts of $50 million to $100 million.


NEW YORK LIGHT: Exclusive Plan Filing Period Extended to May 27
---------------------------------------------------------------
The Hon. Robert E. Littlefield, Jr., of the U.S. Bankruptcy Court
for the Northern District of New York has extended, at the behest
of New York Light Energy, LLC, et al., the Debtors' exclusive
period to file a Chapter 11 plan through and including May 27,
2016, and the exclusive period to solicit acceptances of the plan
through and including July 26, 2016.

As reported by the Troubled Company Reporter on May 5, 2016, the
Court entered a bridge order extending the Exclusive Filing Period
through and including the hearing date, May 18, 2016.  The TCR
reported on May 3, 2016, that debtors New York Light Energy, LLC,
Light Energy Partners Group, LP, Light Energy Administrative
Services, LLC, Light Energy Installers, LLC, U.S. Light Energy,
LLC, and Light Energy Management II, LLC, asked the Court for the
extensions, saying that they have made significant progress in
administering theses Chapter 11 cases.  However, because of the
complexity of the Debtors' businesses and debt structure and the
resulting complexity of the restructuring process, the Debtors need
additional time to complete the restructuring process and determine
the most beneficial bankruptcy exit outcome for their estates and
creditors.  

                   About New York Light Energy

Founded in 2009 and based in Latham, New York, New York Light
Energy, LLC, designs and installs medium-scale solar arrays in New
York State and Massachusetts.  The Company has installed solar
arrays on more than 180 industrial, commercial, municipal, and
residential sites, with a total of over 15 megawatts of capacity
to date.

NYLE and its affiliates commenced Chapter 11 bankruptcy cases
(Bankr. N.D.N.Y. Lead Case No. 15-11121) in Albany, New York, on
May 27, 2015.  Judge Robert E. Littlefield Jr. is assigned to the
cases.

The Debtors tapped Bond, Schoeneck & King, PLLC, as counsel.  The
Debtors hired Blackbird Asset Services LLC as liquidation agent in
connection with the sale of their excess inventory.

The U.S. Trustee for Region 2, appointed three creditors to serve
in an Official Committee of Unsecured Creditors in the Chapter 11
cases of New York Light Energy, LLC, et al.  The Committee retains
Hodgson Russ LLP as its attorneys and Emerald Capital Advisors
Corp. as financial advisor.


NUO THERAPEUTICS: Deerfield Partner Named as Director
-----------------------------------------------------
Deerfield Mgmt, L.P. and various related entities disclosed in a
regulatory filing with the Securities and Exchange Commission that
as of May 12, 2016, they beneficially own zero shares of Common
Stock, or 0.00% of the outstanding Common Stock of Nuo
Therapeutics, Inc.  As of May 5, 2016, Deerfield et al. ceased to
be the beneficial owner of more than 5% of Nuo's Common Stock.

On May 5, 2016, Nuo's Modified First Amended Plan of Reorganization
under Chapter 11 of the Bankruptcy Code became effective.  In
accordance with the Plan, among other things, all of the Warrants
and the Notes held by Deerfield et al. were cancelled, and, as
such, Deerfield et al. no longer beneficially own the Common Stock
issuable upon exercise of the Warrants or conversion of the Notes.

Pursuant to the Plan, on the Effective Date, Nuo issued to the
Funds an aggregate of 29,038 shares of Nuo's Series A  Preferred
Stock and assigned to an affiliate of the Funds all of the
Company's rights, title and interest in the existing Angel CPRP
system and product lines license agreement with Arthrex, Inc., all
associated intellectual property owned by Nuo and licensed
thereunder and rights to collect royalty payments.  The Series A
Preferred Stock, among other things, ranks senior to the Common
Stock with respect to rights upon a liquidation or dissolution of
the Company, requires Nuo to obtain the consent of the holders of
at least two thirds of the Series A Preferred Stock in connection
with certain transactions entitles the holders of Series A
Preferred Stock to appoint one member of Nuo's board of directors
and requires that the Series A Director serve on a standing
committee of the board of directors established to exercise powers
of the board of directors in respect of decisions or actions
relating to the backstop capital call commitments entered into by
Nuo in connection with the Plan.   Lawrence Atinsky, a partner in
Deerfield Management, has been appointed to serve as the Series A
Director.
  
Deerfield may be reached at:

     David Clark
     Deerfield Mgmt, L.P.
     780 Third Avenue, 37th Floor
     New York, New York  10017
     Tel: (212) 551-1600

          - and -

     Elliot Press, Esq.
     Katten Muchin Rosenman LLP
     575 Madison Avenue
     New York, NY 10022
     Tel: (212) 940-8800

              About NUO Therapeutics

Nuo Therapeutics, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Del. Case No. 16-10192) on Jan. 26, 2016.  The petition
was signed by David E. Jorden as acting chief executive officer
and
acting chief financial officer.

Ashby & Geddes, P.A. represents the Debtor as counsel and Epiq
Bankruptcy Solutions, LLC serves as the Debtor's claims, balloting
and noticing agent.  Hon. Mary F. Walrath has been assigned the
case.

The U.S. Trustee for Region 2 originally appointed three members
to
the Official Committee of Unsecured Creditors.  The U.S. Trustee,
on March 14, 2016, said New Hampshire Ball Bearings, Inc., has
resigned from the Committee.  The remaining committee members are
AAPC and CPA Global Limited.


NUO THERAPEUTICS: Plan Declared Effective; 10-Q Report Delayed
--------------------------------------------------------------
Nuo Therapeutics, Inc., has failed to deliver to the Securities and
Exchange Commission its quarterly report on Form 10-Q.  The Company
cited its bankruptcy proceedings for the delay.

The Company continued to operate its business as a
"debtor-in-possession" under the jurisdiction of the Bankruptcy
Court and in accordance with the applicable provisions of Chapter
11 and orders of the Bankruptcy Court.  On April 25, 2016, the
Bankruptcy Court entered an Order Granting Final Approval of
Disclosure Statement and Confirming Debtor's Plan of
Reorganization, which confirmed the Company's Modified First
Amended Plan of Reorganization under Chapter 11 of the Bankruptcy
Code.  The Plan became effective on May 5, 2016.

During the pendency of the Chapter 11 Case and following the date
of the Company's emergence from bankruptcy on the Effective Date
pursuant to the Plan, in addition to their regular financial
reporting duties, the Company's management team and other finance
and accounting personnel were required to devote significant time
and attention to matters relating to and on the preparation of
certain materials required in connection with the Chapter 11 Case
and the Plan, including monthly reports which it filed under cover
of Current Reports on Form 8-K.  As a result, the Form 10-Q for the
period ended March 31, 2016, for the Company could not be filed
within the prescribed period because of the limitations on
staffing, the Company's limited financial resources and the
significant additional burdens that the Chapter 11 Case imposed on
the Company's available human and financial resources. Such
inability could not have been eliminated by the Company without
unreasonable effort or expense.

Following its recent emergence from bankruptcy on the Effective
Date, the Company has commenced the process of preparing those
periodic reports for which it was delinquent during the pendency of
the Chapter 11 Case, and intends to file such delinquent periodic
reports as promptly as possible, and thereafter regain compliance
with its timely periodic reporting obligations under the Securities
Exchange Act of 1934.

According to the Company, Scenario A contemplated by the Plan
became effective on May 5.

     -- Assignment and Assumption Agreement;
        Transition Services Agreement

Pursuant to the Plan, on May 5, 2016 the Company entered into an
Assignment and Assumption Agreement with Deerfield SS, LLC, the
designee of Deerfield Private Design Fund II, L.P., Deerfield
Private Design International II, L.P. and Deerfield Special
Situations Fund, L.P., to assign to the Assignee the Company's
rights, title and interest in and to its existing license agreement
with Arthrex, Inc., and to transfer and assign to the Assignee
associated intellectual property and royalty and payment rights
owned by the Company and licensed thereunder.

Pursuant to the Plan, on May 5, 2016, the Company and the Assignee
entered into a Transition Services Agreement pursuant to which the
Company agreed to continue to service the Arthrex Agreement for the
benefit of the Assignee.

     -- Registration Rights Agreement

On the Effective Date, the Company entered into a registration
rights agreement with certain investors who purchased shares of new
common stock of the Company, par value $0.0001 per share on the
Effective Date.  The Registration Rights Agreement provides certain
resale registration rights to the Investors. Pursuant to the
Registration Rights Agreement, the Company has agreed to use its
best efforts to prepare and file with the U.S. Securities and
Exchange Commission a "Shelf" Registration Statement covering the
resale of all shares of New Common Stock issued to the Investors on
the Effective Date.

     -- Common Stock

On the Effective Date, the Company issued 7,500,000 shares of New
Common Stock to the Investors in accordance with the Plan. On the
Effective Date, the Company also issued warrants to purchase
6,180,000 shares of New Common Stock to certain of the Investors
pursuant to a Form of Warrant.  The issuances of New Common Stock
and the Warrants to the Investors were issued pursuant to an
exemption from the registration requirements of the Securities Act
pursuant to Section 4(2) of the Securities Act and Rule 506
promulgated thereunder. A significant majority of the Investors
executed backstop irrevocable capital call commitments to purchase
up to 12,800,000 additional shares of New Common Stock for an
aggregate purchase price of up to $3,000,000.

The Company has agreed to issue shares of New Common Stock to
record holders of previously issued shares of canceled common stock
as of March 28, 2016 who execute and timely deliver a release
document no later than 60 days after the Effective Date. Any such
holder who does not execute and timely deliver a release document
shall not receive its pro rata share of such New Common Stock and
such shares shall be cancelled by the Company. In accordance with
the Plan, such shares of New Common Stock will be issued pursuant
to an exemption from the registration requirements of the
Securities Act under Section 1145 of the Bankruptcy Code.

     -- Series A Preferred Stock

On the Effective Date the Company filed a Certificate of
Designations of Series A Preferred Stock with the Delaware
Secretary of State, designating 29,028 shares of the Company's
undesignated preferred stock, par value $0.0001 per share, as
Series A Preferred Stock.

On the Effective Date the Company issued 29,028 shares of Preferred
Stock to the Lenders in accordance with the Plan pursuant to an
exemption from the registration requirements of the Securities Act
under Section 1145 of the Bankruptcy Code. The Lenders did not
receive any shares of New Common Stock or other equity interests in
the Company.

The Series A Preferred Stock has no stated maturity date, is not
convertible or redeemable and carries a liquidation preference of
$29,038,000, which is required to be paid in preference to all
shares of New Common Stock (and other capital stock that is not
issued on parity or senior to the Series A Preferred Stock) upon a
liquidation or change in control transaction. For so long as Series
A Preferred Stock is outstanding, the holders of Series A Preferred
Stock have the right to nominate and elect one member of the board
of directors of the Company.  The holders of Series A Preferred
Stock have voting rights, voting with the New Common Stock as a
single class, representing 1% of the voting rights of the Company
and the Holders of Series A Preferred Stock have the right to
approve certain transactions and incurrences of debt. The
Certificate of Designations limits the Company's ability to pay
dividends on or purchase shares of its capital stock.

     -- Facility Agreement

On the Effective Date, except as otherwise specifically provided
for in the Plan, the obligations of the Company under the Facility
Agreement dated March 31, 2014 between the Company and the Lenders
and an affiliate thereof were cancelled and the Company ceased to
have any obligations thereunder.

     -- Cancellation of Old Securities

Pursuant to the Plan, on the Effective Date (i) all outstanding
equity interests (including warrants and options) of the Company,
including but not limited to all outstanding shares of the
Company's common stock that were issued and outstanding prior to
the Effective Date were cancelled on the Effective Date, (ii) the
Company's certificate of incorporation in effect immediately prior
to the Effective Date was amended and restated in its entirety,
(iii) the Company's by-laws in effect immediately prior to the
Effective Date were amended and restated in their entirety as
described in the Company's Form 8-A filed on May 10, 2016, and (iv)
the Company issued shares of New Common Stock, Warrants and Series
A Preferred Stock.

     -- Directors and Officers

On the Effective Date, pursuant to the Plan, the size of the Board
of Directors was fixed at five members, Stephen N. Keith reigned
from the Board of Directors and Scott Pittman and Lawrence Atinsky
were appointed to the Board of Directors. Joseph Del Guercio, David
E. Jorden and C. Eric Winzer remained on the Board of Directors.
Mr. Atinsky was appointed to the Board of Directors by the holders
of the Series A Preferred Stock issued on the Effective Date.

     -- Second Amended and Restated
        Certificate of Incorporation

Pursuant to the Plan, on the Effective Date, the Company adopted a
Second Amended and Restated Certificate of Incorporation and
amended and restated its By-laws.




              About NUO Therapeutics

Nuo Therapeutics, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Del. Case No. 16-10192) on Jan. 26, 2016.  The petition
was signed by David E. Jorden as acting chief executive officer
and
acting chief financial officer.

Ashby & Geddes, P.A. represents the Debtor as counsel and Epiq
Bankruptcy Solutions, LLC serves as the Debtor's claims, balloting
and noticing agent.  Hon. Mary F. Walrath has been assigned the
case.

The U.S. Trustee for Region 2 originally appointed three members
to
the Official Committee of Unsecured Creditors.  The U.S. Trustee,
on March 14, 2016, said New Hampshire Ball Bearings, Inc., has
resigned from the Committee.  The remaining committee members are
AAPC and CPA Global Limited.


OLIN VIRTUAL: Hires Langley as Counsel
--------------------------------------
Olin Virtual Academy, seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ the Law of
Offices of Langley & Chang as counsel to the Debtor.

Olin Virtual requires Langley to:

   -- represent Debtor in the bankruptcy case;

   -- examine claims of creditors in order to determine their
      validity;

   -- give advice and counsel to Debtor in connection with legal
      issues, including the use, sale or lease of property of the
      estate, adequate assurance of utilities, use of cash
      collateral and post-petition financing, requests for
      security interest, relief from the automatic stay, special
      treatment, payment of prepetition obligations, etc.;

   -- negotiate with creditors holding secured and unsecured
      claims;

   -- prepare and present a plan of reorganization and disclosure
      statement;

   -- prosecute claims of estate, objecting to claims as may be
      appropriate and, in general, acting as counsel on behalf of
      the Debtor in any and all bankruptcy law and related
      matters which may arise in the course of the bankruptcy
      case.

   -- appear and prosecute or defend suits and proceedings, if
      any, when they arise and to take all necessary and proper
      steps in other matters and things involving bankruptcy law
      or connected with the affairs of the bankruptcy estate if
      and when a necessity exists.

Langley will be paid at these hourly rates:

     Steven P. Chang                   $425
     Christopher Langley               $425
     Senior Associates                 $375
     Junior Associates                 $300
     Paralegal/Law Clerks              $135

Langley received $40,000, including filing fee, in funds prior to
the petition date in connection with its representation of the
Debtors. Of that sum, $40,000 constituted payment for fees for
services rendered and costs incurred prior to the commencement of
the Debtor's chapter 11 case. Total fees for services rendered and
costs incurred were $40,185 leaving a prepetition balance of fees
for services rendered in the amount of $1,185. Langley has waved
the prepetition balance of fees for services rendered in the amount
of $1,185. As of the commencement of the case, Langley unused
retainer balance remaining was $0.

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

Steven P. Chang, principal member of the Law Offices of Langley &
Chang, 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.

Langley can be reached at:

     Steven P. Chang, Esq.
     LAW OF OFFICES OF LANGLEY & CHANG
     13200 Crossroads Parkway North, Suite 165
     City of Industry, CA 91746
     Tel: (626) 281-1232
     Fax: (626) 281-2919

                     About Olin Virtual

Olin Virtual Academy filed for Chapter 11 protection (Bankr. C.D.
Cal. Case No. 16-11187) on April 20, 2016. The petition was signed
by Ramon Miramontes, president. The Hon Martin R. Barash presides
over the case.

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

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb16-11187.pdf


OM HOSPITALITY: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Om Hospitality, LLC
           dba Highland Inn
        2605 S. Range Ave.
        Denham Springs, LA 70726

Case No.: 16-10602

Chapter 11 Petition Date: May 24, 2016

Court: United States Bankruptcy Court
       Middle District of Louisiana (Baton Rouge)

Judge: Hon. Douglas D. Dodd

Debtor's Counsel: Ryan James Richmond, Esq.
                  STEWART ROBBINS & BROWN, LLC
                  620 Florida Street, Suite 100
                  Baton Rouge, LA 70801
                  Tel: 225-231-9998
                  Fax: 225-709-9467
                  E-mail: rrichmond@stewartrobbins.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Bhagirath Joshi, manager.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/lamb16-10602.pdf


OMINTO INC: Incurs $3 Million Net Loss in Second Quarter
--------------------------------------------------------
Ominto, Inc. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $3 million
on $3.99 million of revenue for the three months ended March 31,
2016, compared to a net loss of $2 million on $3.83 million of
revenue for the same period in 2015.

For the six months ended March 31, 2016, the Company reported a net
loss of $5.01 million on $9.42 million of revenue compared to a net
loss of $3.14 million on $8.57 million of revenue for the six
months ended March 31, 2015.

As of March 31, 2016, the Company had $9 million in total assets,
$16.8 million in total liabilities and a total stockholders'
deficit of $7.83 million.

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

                      https://is.gd/bZx7jo

                           About Ominto

Ominto, Inc. was incorporated under the laws of the State of Nevada
on June 4, 1999, as Clamshell Enterprises, Inc., which name was
changed to MediaNet Group Technologies, Inc. in May 2003, then to
DubLi, Inc. on Sept. 25, 2012, and finally to Ominto, Inc. as of
July 1, 2015.  The DubLi Network was merged into the Company, as
its primary business in October 2009.

Ominto reported a net loss of $11.7 million for the year ended
Sept. 30, 2015, compared to a net loss of $1.34 million for the
year ended Sept. 30, 2014.

Mayer Hoffman McCann P.C., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Sept. 30, 2015, noting that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.


PACIFIC SUNWEAR: Key Employee Incentive Plan Approved
-----------------------------------------------------
By order entered on May 12, 2016, the United States Bankruptcy
Court for the District of Delaware approved the Key Employee
Incentive Plan of Pacific Sunwear of California, Inc. and its
subsidiaries Miraloma Borrower Corporation and Pacific Sunwear
Stores Corp.  The KEIP is designed to incentivize certain officers
who hold critical operational leadership or corporate management
positions within the Company to preserve and maximize the going
concern value of the Company's business, so as to help maximize
value for the benefit of the Company's stakeholders in its chapter
11 proceedings.

Under the KEIP, KEIP Participants will be entitled to receive up to
one-half of the Maximum Incentive Bonus upon consummation of a
chapter 11 plan, with the percentage of total payout being
dependent upon the date such plan is consummated.  100% of the Plan
Metric portion of the Maximum Incentive Bonus will be paid if the
Effective Date occurs by September 30, 2016; 80% will be paid if
the Effective Date occurs by October 31, 2016; and 60% will be paid
if the Effective Date occurs by November 30, 2016.

KEIP Participants will be entitled to receive up to one-half of the
Maximum Incentive Bonus dependent upon the Company's achieving
compliance with certain covenants set forth in their debtor in
possession financing agreement with Wells Fargo.  KEIP Participants
will be entitled to receive one quarter of the Maximum Incentive
Bonus  dependent upon the Company's continued compliance with the
cash receipts covenant of the DIP Agreement for the pendency of the
Company's chapter 11 cases. KEIP Participants will be entitled to
the remaining one quarter of the Maximum Incentive Bonus dependent
upon the Company's compliance with the total disbursements covenant
of the DIP Agreement during the pendency of their chapter 11
cases.

KEIP Participants will be paid in two equal cash payments with the
first payment made no later than 15 days after the Effective Date,
and the second payment to be made no later than December 15, 2016;
provided that, the second payment to Gary Schoenfeld shall not be
made until the second payment has been made to holders of certain
unsecured trade claims.

The Maximum Incentive Bonus amounts for those KEIP Participants who
are named executive officers of the Company:

   KEIP Participant               Maximum Incentive Bonus
   ----------------               -----------------------
Gary H. Schoenfeld,
President and CEO                 75% of Salary or $787,500

Alfred Chang,
SVP of Men's Merchandising        50% of Salary or $210,000

Jonathan Brewer,
SVP of Product Development
& Supply Chain                    40% of Salary or $167,500

Craig E. Gosselin,
SVP of Human Resources
& General Counsel                 40% of Salary or $157,600

Ernie Sibal,
Vice President and CFO            48% of Salary or $145,300

If any KEIP Participant voluntarily leaves or is terminated for
cause within 60 days after earning the KEIP award (or before), he
or she will be required to return the amount awarded to him or her
(or will forfeit the award if such termination occurs prior to
payment of the KEIP award). If a KEIP participant is terminated
without cause prior to the consummation of the Plan Metric and/or
the DIP Financing Metrics, he or she will receive his or her award
on a prorated basis considering the proportion of time from the
date on which the Company filed for chapter 11 relief to the date
the award is earned.

                      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: UST Opposes Bid to Hire FTI as Fin'l Advisors
--------------------------------------------------------------
Andrew R. Vara, the acting U.S. Trustee for Region 3, filed with
the U.S. Bankruptcy Court for the District of Delaware its
objection to application of Pacific Sunwear of California, Inc., to
employ FTI Consulting, Inc. as financial advisors.

The U.S. Trustee objects to the Application to retain FTI based on
the fees to be charged in the bankruptcy cases, which the
Application indicates are 30% higher than the rates FTI had been
charging the Debtors immediately before the bankruptcy filing.
According to the U.S. Trustee, the Debtors have not established
that FTI's discontinuance of a pre-petition 30% discount rate upon
the Debtors filing for bankruptcy is a reasonable term or condition
of employment under the Bankruptcy Code.

Andrew R. Vara, the Acting U.S. Trustee for Region 3, is
represented by:

     Juliet Sarkessian, Esq.
     Trial Attorney
     OFFICE OF THE UNITED STATES TRUSTEE
     J. Caleb Boggs Federal Building
     844 King Street, Suite 2207, Lockbox 35
     Wilmington, DE 19801
     Telephone: (302) 573-6491
     Facsimile: (302) 573-6497
     Email: Juliet.M.Sarkessian@usdoj.gov

                     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.

An official committee of unsecured creditors appointed in the case
has tapped Bayard, P.A. and Cooley LLP as counsel, and Province
Inc. as its financial advisor.


PARAGON OFFSHORE: Directors Re-elected; PwC Stays as Auditor
------------------------------------------------------------
Paragon Offshore plc disclosed in a regulatory filing the results
of the 2016 annual general meeting of its shareholders, held on May
19, 2016:

     -- Anthony R. Chase was re-elected as a director of the
Company for a one-year term that will expire at the Company's
annual general meeting (the "AGM") in 2017.

     -- Thomas L. Kelly II was re-elected as a director of the
Company for a one-year term that will expire at the AGM in 2017.

     -- John P. Reddy was re-elected as a director of the Company
for a one-year term that will expire at the AGM in 2017.

     -- Randall D. Stilley was re-elected as a director of the
Company for a one-year term that will expire at the AGM in 2017.

     -- Dean E. Taylor was re-elected as a director of the Company
for a one-year term that will expire at the AGM in 2017.

     -- William L. Transier was re-elected as a director of the
Company for a one-year term that will expire at the AGM in 2017.

     -- David W. Wehlmann was re-elected as a director of the
Company for a one-year term that will expire at the AGM in 2017.

     -- J. Robinson West was re-elected as a director of the
Company for a one-year term that will expire at the AGM in 2017.

     -- The appointment of PricewaterhouseCoopers LLP as
Independent Registered Public Accounting Firm for fiscal year 2016
was ratified.

     -- PricewaterhouseCoopers LLP was re-appointed as UK statutory
auditors to the Company (to hold office from the conclusion of the
2016 AGM until the conclusion of the next AGM at which accounts are
laid before the Company).

     -- The audit committee of the Board was authorized to
determine the Company's UK statutory auditors' compensation.

     -- The compensation of the Company's named executive officers,
as disclosed in the Company's proxy statement relating to the 2016
AGM pursuant to the executive compensation disclosure rules
promulgated by the U.S. Securities and Exchange Commission, was
approved on a non-binding advisory basis.

                   About Paragon Offshore

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

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

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

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

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


PARSLEY ENERGY: S&P Affirms 'B' CCR & Revises Outlook to Positive
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Parsley Energy LLC and revised the rating outlook to positive from
stable.

At the same time, S&P assigned its 'B-' issue-level rating and '5'
recovery rating to Parsley's proposed $200 million senior unsecured
debt issuance.  A '5' recovery rating indicates S&P's expectation
of modest (10%-30%, upper half of the range) recovery in the event
of a default.  The 'B-' issue-level rating and '5' recovery rating
on the company's existing unsecured debt are unchanged.

"The positive outlook reflects Parsley's reserve and production
growth and our expectation the company will continue to expand
development of its acreage without adding significant debt leverage
to its financial risk profile," said S&P Global Ratings credit
analyst Michael Tsai.

Although the company's overall debt will increase slightly from the
proposed debt issuance, Parsley has made a number of equity
offerings over the previous year to finance acquisitions and add
cash to the balance sheet to prefund capital spending, allowing the
company to maintain a minimal draw on its reserve-based lending
facility.  The company's proved properties continue to hold a high
proportion of undeveloped acreage, which S&P expects to decrease as
they move forward with their aggressive drilling program.  S&P also
expects crude oil to grow as a percentage of their total production
from focus on horizontal drilling, which will benefit the Parsley's
profitability.

The positive outlook reflects S&P's expectation that it could raise
the rating on Parsley Energy LLC if it is able to successfully
execute on its drilling program and increase its reserves and
production to a level commensurate with 'B+' rated E&P companies.
S&P would also look for the company's FFO to debt to be sustained
above 12% under current industry conditions and liquidity to be
adequate or better when considering an upgrade.  S&P expects
Parsley's cash balances, operating cash flow, and availability
under its RBL facility will be sufficient to fund planned capital
spending and increase its production and reserves through 2016.

S&P could revise the outlook to stable if Parsley's growth strategy
does not proceed as expected, with production below and/or costs
above S&P's expectations.


PAUL CHRISTENSEN: Court Dismisses Ch. 11 Case
---------------------------------------------
Judge Alan Jaroslovsky of the United States Bankruptcy Court for
the Northern District of California summarily dismissed the
bankruptcy case In re PAUL G. CHRISTENSEN, Debtor(s), No. 16-10298
(Bankr. N.D. Calif.), retaining jurisdiction to sanction
Christensen and Kutrubes, undo any damage the filing may have
caused, and issue necessary injunctive relief.

The court then ordered Christensen and Kutrubes to show cause why
they should not be sanctioned. A hearing was held this date.

The New York order bars Christensen from filing further bankruptcy
cases. The order appears to be necessary to curb a substantial
abuse of bankruptcy laws. It appears to be still in effect. The
court will leave contempt proceedings to the New York court, but
will honor it by enjoining Christensen and Kuturbes from filing any
bankruptcy case in the Northern District of California while the
New York order remains in effect. Any filing in violation of this
order may subject them both to contempt sanctions in this court as
well as the New York court.

This Chapter 11 case was commenced in violation of two bankruptcy
court orders. On January 4, 2013, in Chapter 13 case number
12-32197, the Honorable Thomas E. Carlson ordered that debtor Paul
Christensen was barred from filing any future case without paying
the filing fee in full. On June 3, 2013, the Honorable Sean H. Lane
of the United States Bankruptcy Court for the Southern District of
New York issued an order finding that Christensen was acting in
concert with abusive filers and permanently barring him, among
others, from filing any new bankruptcy case in that or any United
States Bankruptcy Court. Christensen's attorney, Peter L. Kutrubes,
who has represented Christensen in some of his prior cases, filed
this case without the filing fee and without obtaining relief from
the New York order.

The docket shows that this is the eighth bankruptcy case filed by
Christensen since 2010 and the second filed in violation of the New
York order. All of Christensen's cases have been dismissed due to
Christensen's failure to comply with orders of the court or the
Federal Rules of Bankruptcy Procedure.

A full-text copy of the Memorandum dated April 15, 2016 is
available at https://is.gd/zDkYKd from Leagle.com.

Office of the U.S. Trustee/SR, U.S. Trustee, is represented by
Lynette C. Kelly, U.S. Office of the U.S. Trustee.


PAUL GREMILLION: Gemino Can File Claim for HealthEdge, Court Rules
------------------------------------------------------------------
In the adversary case PAUL GREMILLION, SR., Plaintiff, v.
HEALTHEDGE INVESTMENT FUND, L.P., CONCENTRIC EQUITY PARTNERS II,
L.P. HE-IOM AFFILIATES, LLC, Defendants, Adversary No. 15-1080,
Judge Elizabeth W. Magner of the United States Bankruptcy Court for
the Eastern District of Louisiana ruled that by virtue of its
Collateral Assignment, Gemino Healthcare Finance, LLC, has the
power and authority to enforce the Judgment.

As such, Gemino has authority to file a claim on behalf of
HealthEdge; negotiate treatment of the claim whether by payment,
settlement or treatment under a plan of reorganization; and oppose
or support by vote or objection any proposed plan of
reorganization.

The issue involves a determination of which party, Gemino or
HealthEdge, has the authority to file and pursue claims against the
Debtor as well as negotiate and vote on any plan of reorganization
submitted by Debtor.

A full-text copy of the Opinion dated April 19, 2016 is available
at https://is.gd/WUnZGI from Leagle.com.

The bankruptcy case is IN RE: PAUL GREMILLION, SR., Chapter 11,
Debtor, Case No. 15-13063, Section A.

Paul Gremillion, Sr., Plaintiff, is represented by John C.
Anderson, Esq. -- Anderson & Daniels, LLC.

HealthEdge Investment Fund, LP, Defendant, is represented by Jeremy
T. Grabill, Esq. -- jeremy.grabill@phelps.com -- Phelps Dunbar LLP,
Arthur R. Kraatz, Esq. -- arthur.kraatz@phelps.com -- Phelps
Dunbar, LLP, I. Danielle Mashburn-Myrick, Esq. --
danielle.mashburn-myrick@phelps.com -- Phelps Dunbar LLP.

Glen Gremillion, Intervenor-Plaintiff, is represented by Barry W.
Miller, Esq. -- bmiller@hellerdraper.com -- Heller, Draper,
Patrick, Horn & Dabney, L.L.C.


PLY GEM HOLDINGS: Stockholders Elect 3 Directors
------------------------------------------------
Ply Gem Holdings, Inc., held its 2016 annual meeting of
stockholders on May 17, at which the stockholders:

   (i) elected each of Michael P. Haley, Gary E. Robinette and     
  
       Joost F. Thesseling as Class III directors;

  (ii) approved an advisory resolution on executive compensation;
       and

(iii) ratified the appointment of KPMG LLP as the Company's  
       independent registered public accounting firm for 2016.

                         About Ply Gem

Based in Cary, North Carolina, Ply Gem Holdings Inc. is a
diversified manufacturer of residential and commercial building
products, which are sold primarily in the United States and
Canada, and include a wide variety of products for the residential
and commercial construction, the do-it-yourself and the
professional remodeling and renovation markets.

Ply Gem reported net income of $32.3 million on $1.83 billion of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $31.3 million on $1.56 billion of net sales for the year ended
Dec. 31, 2014.

As of April 2, 2016, Ply Gem had $1.21 billion in total assets,
$1.31 billion in total liabilities and a total stockholders'
deficit of $101 million.

                         *     *     *

In May 2010, Standard & Poor's Ratings Services raised its
(unsolicited) corporate credit rating on Ply Gem to 'B-' from
'CCC+'.  "The ratings upgrade reflects our expectation that the
Company's credit measures are likely to improve modestly over the
next several quarters to levels that we would consider more in
line with the 'B-' corporate credit rating," said Standard &
Poor's credit analyst Tobias Crabtree.


PORTER BANCORP: Has Resale Prospectus of 3.4 Million Shares
-----------------------------------------------------------
Porter Bancorp, Inc., filed with the Securities and Exchange
Commission a Form S-3 registration statement relating to the resale
from time to time by Mendon Capital Master Fund Ltd.,
Mendon Capital QP LP, Renee Portnoy Revocable Trust and T V Lark
Trust of 2,300,000 of the Company's common shares held by them plus
1,100,000 common shares that it may issue from time to time upon
the conversion of the Company's Non-Voting Common Shares currently
held by the selling shareholders.

On April 15, 2016, the Company issued 2,900,000 common shares and
1,100,000 non-voting common shares in a private placement
transaction exempt from the registration requirements of the
Securities Act of 1933.

The Company will not receive any proceeds from the sale of
securities by the selling shareholders.

The Company's common shares are listed on the NASDAQ Capital Market
under the symbol "PBIB."  On May 18, 2016, the closing sale price
of the Company's common shares on the NASDAQ Capital Market was
$1.92 per share.

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

                    https://is.gd/ZMmjme

                    About Porter Bancorp

Porter Bancorp, Inc., is a bank holding company headquartered in
Louisville, Kentucky.  Through its wholly-owned subsidiary PBI
Bank, the Company operates 18 full-service banking offices in
12 counties in Kentucky.

Porter Bancorp reported a net loss of $3.21 million on $36.57
million of interest income for the year ended Dec. 31, 2015,
compared to a net loss of $11.15 million on $39.51 million of
interest income for the year ended Dec. 31, 2014.

As of March 31, 2016, Porter Bancorp had $938 million in total
assets, $904 million in total liabilities and $34.6 million in
total stockholders' equity.

The Company's auditor Crowe Horwath, LLP, in Louisville, Kentucky,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
"the Company has incurred substantial losses in 2015, 2014 and
2013, largely as a result of asset impairments resulting from the
re-evaluation of fair value and ongoing operating expenses related
to the high volume of other real estate owned and non-performing
loans.  In addition, the Company's bank subsidiary is not in
compliance with a regulatory enforcement order issued by its
primary federal regulator requiring, among other things, increased
minimum regulatory capital ratios as well as being involved in
various legal proceedings in which the Company disputes material
factual allegations against the Company.  Additional losses,
adverse outcomes from legal proceedings or the continued inability
to comply with the regulatory enforcement order may result in
additional adverse regulatory action.  These events raise
substantial doubt about the Company's ability to continue as a
going concern."


POSITIVEID CORP: Closes $55,000 Note Purchase Agreement with Essex
------------------------------------------------------------------
PositiveID Corporation closed on May 17, 2016, a Securities
Purchase Agreement with Essex Global Investment Corp. providing for
the purchase of a Convertible Redeemable Note in the aggregate
principal amount of $55,000.  The Note has been funded.  The Note
bears interest at the rate of 10% per annum, and is due and payable
on May 17, 2017.  The Note may be converted by Essex at any time
into shares of Company's common stock.

The Note is a long-term debt obligation that is material to the
Company.  The Note may be prepaid in accordance with the terms set
forth in the Note.  The Note also contains certain representations,
warranties, covenants and events of default including if the
Company is delinquent in its periodic report filings with the SEC,
and increases in the amount of the principal and interest rates
under the Note in the event of such defaults. In the event of
default, at the option of Essex and in Essex's sole discretion,
Essex may consider the Note immediately due and payable.

                         About PositiveID

Delray Beach, Fla.-based PositiveID Corporation has historically
developed, marketed and sold RFID systems used for the
identification of people in the healthcare market.  Beginning in
early 2011, the Company has focused its strategy on the growth of
its HealthID business, including the continued development of its
GlucoChip, its Easy Check breath glucose detection device, its
iglucose wireless communication system, and potential strategic
acquisition opportunities of businesses that are complementary to
its HealthID business.

PositiveID reported a net loss attributable to common stockholders
of $11.5 million on $2.94 million of revenues for the year ended
Dec. 31, 2015, compared with a net loss attributable to common
stockholders of $8.22 million on $945,000 of revenues for the year
ended Dec. 31, 2014.

As of March 31, 2016, PositiveID had $3.61 million in total assets,
$17.9 million in total liabilities, and a total stockholders'
deficit of $14.3 million.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company reported a
net loss, and used cash for operating activities of approximately
$11,404,000 and $4,507,000 respectively, in 2015.  At Dec. 31,
2015, the Company had a working capital deficiency, a stockholders'
deficit and an accumulated deficit of approximately $10,694,000,
$11,842,000 and $144,161,000 respectively.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


PUERTO RICO: House Committee Approves Bill with Bipartisan Support
------------------------------------------------------------------
Nick Timiraos, writing for Daily Bankruptcy Review, reported that a
House committee on May 25 advanced legislation to address Puerto
Rico's debt crisis with solid bipartisan support, a strong sign the
bill could move quickly through Congress ahead of a potential
default by the territory on July 1.

According to the report, the legislation would create a
debt-restructuring process and empower a federal oversight board to
supervise what is shaping up to be the largest municipal debt
workout in American history.  The measure wouldn't spend any
federal money, the report related.

The House Committee on Natural Resources, which has oversight of
federal territories, advanced the bill on a 29-10 vote, with 14
Republicans and 15 Democrats backing the legislation, the report
further related.

The bill, which produced a rare moment of bipartisan cooperation in
an election year, has drawn strong opposition from some bondholders
and other political groups that spent millions of dollars on
television advertisements to defeat it, the report said.

Puerto Rico last year began defaulting on several classes of nearly
$70 billion in debt it owes, threatening to worsen the island's
growth prospects after a decadelong recession, the report noted.
Because it isn't a state, its municipalities aren’t eligible to
restructure their debts in U.S. bankruptcy courts, the report
added.


PVH CORP: S&P Affirms 'BB+' CCR, Outlook Remains Stable
-------------------------------------------------------
S&P Global Ratings said that it affirmed its 'BB+' corporate credit
rating on New York-based PVH Corp.  The outlook remains stable.

At the same time, S&P affirmed its 'BBB' issue-level rating on the
company's senior secured facilities, indicating S&P's expectation
of very high (90% to 100%) recovery in the event of payment
default.  S&P also affirmed its 'BB+' issue-level rating on the
company's $700 million unsecured notes due 2022.  The recovery
rating remains '3' indicating S&P's expectation of meaningful (50%
to 70%; upper end of the range) recovery in the event of payment
default.

S&P estimates the company's adjusted debt was approximately
$4.8 billion at Jan. 31, 2016.

"The affirmation reflects PVH's good market position, portfolio of
well-recognized brands, geographic diversification, good
profitability, and moderate leverage," said S&P Global Ratings
credit analyst Peter Deluca.

S&P has also considered the company's participation in the highly
competitive apparel sector, which is vulnerable to fashion risk,
foreign exchange volatility, and changes to consumer preferences
and spending patterns.

PVH ranks among the larger U.S. apparel companies, with over
$8 billion in sales.  The company's market position and scale has
been enhanced through acquisitions.  The company recently completed
the acquisition of 55% interest in TH Asia Ltd., representing the
balance of the China joint venture.  S&P believes PVH's
acquisitions have leveraged its operating expertise and spurred
growth while reducing its reliance on its legacy dress shirt
business and U.S. market.  The company also has the ability to grow
organically and has demonstrated it can develop brands through its
sourcing, design, information technology, marketing, and
distribution infrastructure.  PVH's sales of about $8 billion
exceed those of Ralph Lauren Corp. (about $7.4 billion in sales)
but continue to lag VF Corp. (over $12.3 billion in sales).

PVH's diversification is good, with broad product offerings across
sportswear, dresswear (men's shirts and neckwear), and, to a lesser
extent, footwear.  The company offers a diverse portfolio of brands
including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW,
Warner's, and Speedo. Revenues are generated through wholesale
distribution, company-operated retail stores, and through licensing
arrangements.  The company sells products globally across various
retail channels ranging from department stores to mass
merchandisers, with the five largest customers representing about
22% of revenue with no single client representing more than 10% of
sales.  PVH's geographic diversification is also good, with more
than 45% of revenue from overseas.

PVH's operating performance has been consistently good, in part it
is because its global sourcing platform provides for production
flexibility.  Nearly all of PVH's products (with the exception of a
small amount of handmade neckwear) are sourced from off-shore
manufacturing facilities.  The company's sources are extensive and
reach across roughly 50 countries and 1,300 factories.  However,
the company remains susceptible to rising labor and transportation
costs.

The stable outlook reflects S&P's expectation that PVH's operating
performance will remain at least near current levels based on
continuing good performance of its diversified brands, strong
market positions and global supply chain efficiency despite S&P's
forecast of weak top-line growth and a difficult consumer
environment.  S&P projects debt-to-EBITDA leverage to be in the
3x-3.5x range over the next two years.  S&P would maintain a stable
outlook following a leveraging acquisition if the company to
maintain debt-to-EBITDA leverage below 4x.


QUANTUM FUEL: Judge Sets July 8 Deadline for Filing Claims
----------------------------------------------------------
A federal judge approved the deadline proposed by Quantum Fuel
Systems Technologies Worldwide Inc. for filing pre-bankruptcy
claims against the company.

The order, issued by Judge Mark Wallace of the U.S. Bankruptcy
Court for the Central District of California, requires creditors to
file a proof of their claims on or before July 8, 2016.

This deadline is called a "bar date" because it means that
creditors who come forward after that date may be "barred" from
ever filing a claim against the company.

                        About Quantum Fuel

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

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


QUEST SOLUTION: Incurs $1.5 Million Net Loss in First Quarter
-------------------------------------------------------------
Quest Solution, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.50 million on $18.4 million of total revenues for the three
months ended March 31, 2016, compared to a net loss of $422,082 on
$10.67 million of total revenues for the same period in 2015.

As of March 31, 2016, Quest Solution had $53.4 million in total
assets, $55.8 million in total liabilities and a total
stockholders' deficit of $2.34 million.

At March 31, 2016, the Company had unrestricted cash in the amount
of $1.14 million and a working capital deficit of $21.9 million.
In addition, the Company's stockholders' deficit and accumulated
other comprehensive loss was $20.4 million at March 31, 2016, and
$18.5 million at Dec. 31, 2015.

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

                    https://is.gd/JMjdI7

                    About Quest Solution

Quest Solution (formerly known as Amerigo Energy, Inc.) is a
national mobility systems integrator with a focus on design,
delivery, deployment and support of fully integrated mobile
solutions.  The Company takes a consultative approach by offering
end to end solutions that include hardware, software,
communications and full lifecycle management services.  The highly
tenured team of professionals simplifies the integration process
and delivers proven problem solving solutions backed by numerous
customer references.  Motorola, Intermec, Honeywell, Panasonic,
AirWatch, Wavelink, SOTI and Zebra are major suppliers which Quest
Solution uses in its systems.

Quest Solution reported a net loss of $1.71 million on $63.9
million of total revenues for the year ended Dec. 31, 2015,
compared to net income of $301,649 on $37.3 million of total
revenues for the year ended Dec. 31, 2014.

The Company's auditors RBSM LLP, in Leawood, Kansas, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has a working capital deficiency and significant
subordinated debt resulting from acquisitions.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


RD3J LTD: Wants Period for Plan Confirmation Extended By 60 Days
----------------------------------------------------------------
RD3J, Ltd., asks the U.S. Bankruptcy Court for the Southern
District of Texas to extend the exclusive period under which the
Debtor may confirm a plan of reorganization for 60 days after a
hearing on approval of the Disclosure Statement.

Consideration prior to May 31, 2016, is essential because the
current exclusivity period expires on that date, the Debtors
assert.

The Debtor filed its Chapter 11 Plan and Disclosure Statement on
March 31, 2016, during its exclusive period to file a plan.
Subsequently, PlainsCapital Bank filed an objection to the
Disclosure Statement.  The Debtor's exclusivity period to confirm a
plan expires May 31, 2016.  On May 12, 2016, the Court entered an
order canceling the scheduled hearing on approval of the Disclosure
Statement, with the hearing to be rescheduled by order of the Court
upon request of the Debtor and/or PlainsCapital Bank.

The Debtor and PlainsCapital Bank are currently in the process of
negotiating terms for an agreed plan.  If an agreement is reached,
the Plan and Disclosure Statement will both need to be amended
before a hearing on approval of the Disclosure Statement will be
requested.  Once the Disclosure Statement is approved, sufficient
notice must be provided to creditors of confirmation and voting.
Accordingly, Debtor will be unable to proceed with approval of its
current disclosure statement or confirm its Chapter 11 Plan prior
to the expiration of the current exclusivity period.

The Debtor believes that ample cause exists for granting an
extension of the Debtor's Exclusivity Period to confirm a plan.
The justifications include:

      a. the Debtor timely filed its Plan and Disclosure Statement

         on March 31, 2016, prior to the expiration of the current

         Exclusivity Period.  The hearing on approval of the
         Disclosure Statement has been continued to a future date
         which has not yet been determined;

      b. the Plan and Disclosure Statement must be amended to
         address the objections raised by PlainsCapital Bank.
         Alternatively, the Debtor and PlainsCapital Bank are in
         the process of negotiating the terms of a consensual
         plan.  Additional time is needed before an agreement can
         be finalized.  If an agreement is reached, both the Plan
         and Disclosure Statement will require amendments.  The
         Debtor will not be able to confirm a plan prior to the
         expiration of the current Exclusivity Period on May 31,
         2016;

      c. the Debtor has, in good faith, made progress towards
         reorganization and should generate sufficient income to
         maintain operations and provide for required payments
         contemplated in the Plan;

      d. the requested extension would not prejudice the interests

         of creditors; and

      e. the burden on the Debtor's estate of an extension is de
         minimis.

Counsel for PlainsCapital Bank has currently no position with
respect to the requested extension of exclusivity contemplated by
this motion.

RD3J, Ltd., filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Tex. Case No. 15-70184) on April 6, 2015.  The Debtor is
represented by:

         Antonio Villeda, Esq.
         VILLEDA LAW GROUP
         6316 North 10th Street, Bldg. B
         McAllen, Texas 78504
         Tel: (956) 631-9100
         Fax: (956) 631-9146
         E-mail: avilleda@mybusinesslawyer.com


RESPONSE BIOMEDICAL: May Issue 496,262 Shares Under Plans
---------------------------------------------------------
Response Biomedical Corp. filed a Form S-8 registration statement
with the Securities and Exchange Commission to register a total of
496,262 shares of common stock issuable under the Company's
Restricted Share Unit Plan and Non-Employee Directors Deferred
Share Unit Plan.  A copy of the prospectus is available for free at
https://is.gd/V0OM3w

                  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.


RICEBRAN TECHNOLOGIES: CEO's Employment Expires Nov. 30
-------------------------------------------------------
In March 2016, the compensation committee of the board of directors
of RiceBran Technologies conducted its annual review of John W.
Short, the Company's chief executive officer, and determined that
the Company would negotiate a new employment agreement with Mr.
Short to replace his existing employment agreement.  In connection
with these ongoing negotiations, on
May 13, 2016, the compensation committee notified Mr. Short that
the Company would not renew his existing employment agreement.  Mr.
Short's existing employment agreement will expire on Nov. 30, 2016,
as disclosed in a Form 8-K report filed with the Securities and
Exchange Commission.

                          About RiceBran

Scottsdale, Ariz.-based RiceBran Technologies, a California
corporation, is a human food ingredient and animal nutrition
company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran.

RiceBran reported a net loss of $10.6 million on $39.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $26.6 million on $40.10 million of revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, RiceBran had $34.9 million in total assets,
$26.9 million in total liabilities and $7.66 million in total
equity attributable to the Company's shareholders.

The Company's auditors Marcum LLP, in New York, NY, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations resulting in an accumulated
deficit of $251 million at December 31, 2015.  This factor among
other things, raises substantial doubt about its ability to
continue as a going concern.


RICEBRAN TECHNOLOGIES: LF-RB Mgt. Reports 9% Stake as of May 18
---------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, LF-RB Management, LLC, Gary L. Herman, and Michael
Goose disclosed that as of May 18, 2016, they beneficially own
952,479 shares shares of common stock of RiceBran Technologies,
Inc., representing 9 percent of the shares outstanding.  Stephen D.
Baksa also disclosed beneficial ownership of 496,910 shares.  A
copy of the regulatory filing is available for free at:
           
                     https://is.gd/3Fv891

                        About RiceBran

Scottsdale, Ariz.-based RiceBran Technologies, a California
corporation, is a human food ingredient and animal nutrition
company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran.

RiceBran reported a net loss of $10.6 million on $39.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $26.6 million on $40.10 million of revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, RiceBran had $34.9 million in total assets,
$26.9 million in total liabilities and $7.66 million in total
equity attributable to the Company's shareholders.

The Company's auditors Marcum LLP, in New York, NY, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations resulting in an accumulated
deficit of $251 million at December 31, 2015.  This factor among
other things, raises substantial doubt about its ability to
continue as a going concern.


RIVERSIDE PLAZA: Court Set to Hear UCF's Bid to Lift Stay
---------------------------------------------------------
A U.S. bankruptcy court is set to hear a motion filed by UCF I
Trust 1 to either lift the automatic stay or dismiss the Chapter 11
case of Riverside Plaza Developers LLC.

The U.S. Bankruptcy Court for the Northern District of Illinois
will take up the motion in a preliminary hearing scheduled for June
2, 2016.

UCF had requested to lift the stay so it can continue its
"non-bankruptcy enforcement measures" with respect to a property of
Riverside.  

UCF, which is owed $14.6 million by Riverside, claimed that it is
not secured given that the company's property is only worth $13.3
million.

                      About Riverside Plaza

Riverside Plaza Developers, LLC, based in North Barrington,
Illinois, filed for Chapter 11 bankruptcy (Bankr. N.D. Ill. Case
No. 16-08747) on March 14, 2016.  Riverside Plaza Developers
indicated in its petition that it is a Single Asset Real Estate
debtor.

Judge Jack B. Schmetterer presides over the case.  The Debtor is
represented by Neal L Wolf, Esq., at Tetzlaff Law Offices, LLC.

The petition was signed by Mary Christine Misik, manager.


RIVERSIDE PLAZA: Hires Linberger & Co. as Appraiser
---------------------------------------------------
Riverside Plaza Developers LLC seeks permission from the U.S.
Bankruptcy Court for the Northern District of Illinois to employ
Linberger & Company, LLC as appraiser.

The Debtor is an Illinois limited liability company, which
developed a mixed-use residential and retail development located
near the Fox River at 1 North Main Street, Algonquin, Illinois.
The Property was originally permitted as a condominium building,
but the 2011/2012 condominium market was very low.

To complete construction of the Property, the Debtor, as borrower,
obtained a construction loan and entered into a Loan Agreement and
Promissory Note with UCF I Trust 1, in the principal amount of
$11,175,000.

To secure repayment of the Loan, the Debtor entered into a certain
Mortgage and an Assignment of Leases and Rents with UCF dated
October 4, 2013. The Mortgage and Assignment granted the UCF a
security interest in, among other things, the Property and the
rents and profits of the Property.

On February 2, 2016, UFC filed a foreclosure action in the United
States Districts Court for the Northern District of Illinois and
immediately sought the appointment of a receiver.

On May 2, 2016, UCF filed a Motion for Relief from the Automatic
Stay or, in the alternative, to Dismiss the Bankruptcy Case.

The Debtor requires Linberger's expertise in this Chapter 11 Case
to, among other things, to provide a market value appraisal of the
value of the property in connection with responding to the Stay
Motion.

The Debtor requires Linberger to:

     a. provide a written appraisal report of value of the Property
in connection with responding to the Stay Motion and the filing of
a confirmable plan of reorganization; and

     b. testify in Court regarding these matters.

Linberger will be paid at these hourly rate:

     Mary Linberger                     $325

Linberger has requested a retainer in the amount of $3,000.
    
Mary Linberger, owner and manger of Linberger & Company, LLC,
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.

Linberger can be reached at:

      Mary Linberger
      Linberger & Company, LLC
      1017 Ridge Avenue
      Evanston, IL 60202
      Phone: 312.968.1017
      E-mail: mary@marylinberger.com

                About Riverside Plaza



Riverside Plaza Developers, LLC, based in North
Barrington,
 Illinois, filed for Chapter 11 bankruptcy (Bankr.
N.D. Ill. Case No. 16-08747) on March 14, 2016.  Riverside Plaza
Developers indicated in its petition that it is a Single Asset Real
Estate debtor.



Judge Jack B. Schmetterer presides over the case.  The
Debtor is represented by Neal L Wolf, Esq., at TETZLAFF LAW
OFFICES, LLC.



The petition was signed by Mary Christine Misik, manager.


ROSETTA GENOMICS: Reports 2016 First Quarter Financial Results
--------------------------------------------------------------
Rosetta Genomics Ltd. reported a net loss of US$4.03 million on
US$2.60 million of revenues for the three months ended March 31,
2016, compared to a net loss of US$3.86 million on US$321,000 of
revenues for the three months ended March 31, 2015.

As of March 31, 2016, the Company had US$19.26 million in total
assets, US$3.44 million in total liabilities, all current, and
total shareholders' equity of US$15.81 million.

"We are especially pleased to report record quarterly clinical
testing revenues as it demonstrates the progress we have made in
expanding our molecular diagnostics test menu, selling our clinical
testing products and improving collections," said Kenneth A.
Berlin, president and chief executive officer of Rosetta Genomics.
"Throughout the first quarter we completed the revamping of our
sales force and invested in our billing and collections department.
The results are reflected in our growing revenue and expanding
customer base, as well as in improved collections.  Further, these
changes position us to drive revenue growth throughout the balance
of the year and beyond.

"The commercial launch of RosettaGX Reveal continues to be a prime
focus for our team.  We expect the positive performance data from
our blinded validation study to be published in a peer-reviewed
journal in the coming weeks.  These data demonstrate exceptional
performance and we anticipate that a journal publication will
strongly support our reimbursement and sales efforts.  In addition,
our revamped sales team has been able to use RosettaGX Reveal to
access new accounts to promote not only our exceptional thyroid
offering, but also to promote our urologic cancer and solid tumor
product lines.  Since the beginning of the year, these promotional
efforts resulted in the acquisition of over 30 thyroid customer
accounts and over 60 new customer accounts for our urology and
solid tumor businesses.

"Our work for the balance of the year will continue to focus on
driving revenue growth in both our base business as well as with
our new products, such as RosettaGX Reveal, expanding
reimbursement, improving collections and advancing our clinical
development programs, which should position us to achieve a number
of important milestones that will enhance shareholder value,"
concluded Mr. Berlin.

As of March 31, 2016, Rosetta Genomics had cash, cash equivalents,
restricted cash and short-term bank deposits of $12.6 million
compared with $13.6 million as of Dec. 31, 2015.  The Company used
approximately $2.6 million in cash to fund operations during the
first quarter of 2016, and collected approximately $2.7 million in
cash from its clinical testing services in addition to $1.6 million
in cash receipts from a licensing deal signed in December 2015.
Based on the Company's current operations and plans, which include
a cost-reduction plan should it be unable to raise sufficient
additional capital, if necessary, Rosetta Genomics expects its
current cash position will fund operations for at least the next 12
months.

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

                      https://is.gd/xky8xZ

                          About Rosetta

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in
DNA and are believed to play an important role in normal function
and in various pathologies.  The Company has established a CLIA-
certified laboratory in Philadelphia, which enables the Company to
develop, validate and commercialize its own diagnostic tests
applying its microRNA technology.

Rosetta Genomics reported a loss from continuing operations of
US$17.34 million on US$8.26 million of total revenues for the year
ended Dec. 31, 2015, compared to a loss from continuing operations
of US$14.52 million on US$1.32 million of total revenues for the
year ended Dec. 31, 2014.


ROSLYN SEFARDIC: Wants Exclusive Plan Filing Extended to Sept. 21
-----------------------------------------------------------------
Roslyn Sefardic Center Corp. asks the U.S. Bankruptcy Court for the
Eastern District of New York to extend the time within which the
Debtor has the exclusive right to file a plan of reorganization and
to solicit acceptances of the plan for 120 days through and
including Sept. 21, 2016, and Nov. 22, 2016, respectively.

A hearing on the request is set for July 14, 2016, at 11:00 a.m.

The current Exclusivity Period and Acceptance Period expire on
March 24, 2016 and July 25, 2016, respectively.

The Debtor submits it should be granted the requested extensions of
the Exclusive Periods so that it will have sufficient time to,
inter alia, formulate, file and confirm a plan of reorganization.

The Debtor has been focused on operating its business and
restructuring its debt obligations.  To that end, the Debtor
continues to negotiate with Horizon Equities, the holder of a
second lien on the Property for a discounted settlement of its
debt.  Additionally, the Debtor also intends on reaching out to L&L
Associates with respect to its first priority tax lien to determine
if some type of settlement can be reached in connection with this
obligation as well.  The Debtor is also preparing an application
requesting that this Court establish a claims bar date in this case
so that the Debtor can analyze the potential universe of claims
against its estate.

The Debtor has entered into preliminary discussions with a third
party who has expressed an interest in the Debtor and the Property
and may either (a) fund a plan of reorganization or (b) acquire the
assets of the Debtor.  Currently, this third-party has begun
performing diligence with respect to the Debtor's assets and
liabilities.  The Debtor is hopeful that they can come to an
agreement that will maximize the value of its estate and allow it
to reorganize its outstanding obligations.  The Debtor submits that
while discussions are in its nascent states, its Exclusive Periods
should be preserved to avoid any distractions or competing plans.

Roslyn Sefardic Center Corp. is a religious non-for-profit
corporation that operates a synagogue on its real property and
improvements located on 1 Potters Lane, Roslyn Heights, New York.
It filed for Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case
No. 16-70299) on Jan. 25, 2016.  The Debtor is represented by:

      Arnold Mitchell Greene, Esq.
      ROBINSON BROG LEINWAND
      GREENE GENOVESE & GLUCK P.C.
      875 Third Avenue, 9th Floor
      New York, New York 10022
      Tel. No.: 212-603-6300
      E-mail: amg@robinsonbrog.com


RYCKMAN CREEK: Judge Appoints Richard Meth as Fee Examiner
----------------------------------------------------------
A U.S. bankruptcy judge appointed a fee examiner in the Chapter 11
case of Ryckman Creek Resources LLC.

The order, issued by Judge Kevin Carey of the U.S. Bankruptcy Court
in Delaware, appointed Richard Meth, Esq., a partner at Fox
Rothschild LLP, as fee examiner.

Mr. Meth, will review all fee applications for allowance of
compensation and reimbursement of expenses filed by professionals,
which have been employed in connection with the case under sections
327 or 1103 of the Bankruptcy Code.

                           About Ryckman

Formed on Sept. 8, 2009, Ryckman Creek Resources, LLC is engaged
In the acquisition, development, marketing, and operation of a
Natural gas storage facility known as the Ryckman Creek Facility.
The Ryckman Creek Facility is a depleted crude oil and natural gas
reservoir located in Uinta County, Wyoming.  The Company began
development of the reservoir into a natural gas storage facility
in 2011.  The Ryckman Creek Facility began commercial operations in
late 2012 and received injections of customer gas and gas
purchased by the Company.  The Debtors have approximately 35
employees.

Ryckman Creek Resources, LLC, Ryckman Creek Resources Holdings
LLC, Peregrine Rocky Mountains LLC and Peregrine Midstream Partners
LLC filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
16-10292 to 16-10295) on Feb. 2, 2016.  The petitions were signed
by Robert Foss as chief executive officer.  Kevin J. Carey has been
assigned the case.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC as management provider, Evercore
Group LLC as investment banker, and Kurtzman Carson Consultants LLC
as claims and noticing agent.

On April 11, 2016, Ryckman Creek Resources, LLC disclosed total
assets of more than $205 million and total debts of more than
$391.2 million.


S. HEMENWAY: Hires Frederick & Rosen as Accountants
---------------------------------------------------
S. Hemenway, Inc., seeks permission from the U.S. Bankruptcy Court
for the District of Minnesota to employ Frederick & Rosen, Ltd. as
accountants.

The Debtor requires Frederick & Rosen to render these services:

     a. general business consulting;

     b. review of the Debtor's QuickBooks and prepare the Debtor's
tax returns.

Frederick & Rosen will be charging the Debtor $200 per hour for any
work performed for the Debtor.

Frederick & Rosen, Ltd. holds a pre-bankruptcy claim against the
Debtor in the amount of $7,600.Frederick & Rosen, Ltd., has agreed
to waive this pre-bankruptcy claim and therefore will hold no
interest which is adverse to the Debtor or to the Debtor's estate
and is, therefore, "disinterested" within the meaning of and
pursuant to Section 327 of the United States Bankruptcy Code.

Frederick & Rosen can be reached at:

     Thomas J. Rosen
     Frederick & Rosen, Ltd.
     5922 Excelsior Boulevard
     Minneapolis 55416
     Phone: 952-929-8557

S. Hemenway Inc., operator of a Visiting Angel franchised nursing
home, filed a Chapter 11 bankruptcy petition (Bankr. D. Minn. Case
No. 16-31466) on May 2, 2016.  The petition was signed by Scott
Hemenway, the president.  Judge Katherina A. Constantine has been
assigned the case.


SABINE OIL: $4.90 Billion in Claims Filed as of May 5
-----------------------------------------------------
Sabine Oil & Gas Corp. disclosed in a regulatory filing with the
Securities and Exchange Commission that as of May 5, 2016,
approximately 1,516 claims totaling approximately $4.90 billion had
been filed with the Bankruptcy Court against the Debtors.

"It is possible that claimants will file amended claims in the
future, including claims amended to assign values to claims
originally filed with no designated value," Sabine said.  "Through
the claims resolution process, we have identified, and we expect to
continue to identify, claims that we believe should be disallowed
by the Bankruptcy Court because they are duplicative, have been
later amended or superseded, are without merit, are overstated or
for other reasons. We will file objections with the Bankruptcy
Court as necessary for claims we believe should be disallowed."

"Through the claims resolution process, differences in amounts
scheduled by the Debtors and claims filed by creditors will be
investigated and resolved, including through the filing of
objections with the Bankruptcy Court where appropriate. In light of
the number of claims filed, the claims resolution process will take
additional time to complete, and it may continue after our
emergence from bankruptcy. Accordingly, the ultimate number and
amount of allowed claims is not presently known, nor can the
ultimate recovery with respect to allowed claims be presently
ascertained."

                    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.


SABINE OIL: Posts $135 Million Net Loss for March 31 Quarter
------------------------------------------------------------
Sabine Oil & Gas Corporation delivered to the U.S. Securities and
Exchange Commission its Form 10-Q for the quarterly period ended
March 31, 2016.

Sabine Oil posted a net loss of $135,082,000 for the quarter,
compared to a net loss of $284,031,000 for the same period a year
ago.

Revenues were down $48,160,000 for the quarter from $98,025,000 a
year ago.

At March 31, 2016, the Company had total assets of $650,236,000,
total liabilities of $3,087,684,000 and total shareholders' deficit
of $2,437,448,000.

A copy of the Company's SEC report is available at
https://is.gd/a3OiLn

                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.


SAMSON RESOURCES: Committee Wants Exclusive Periods Terminated
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Samson Resources
Corporation, et al., asks the U.S.
Bankruptcy Court for the District of Delaware to terminate the
exclusive periods during which the Debtors may file a Chapter 11
plan and solicit acceptances of the plan.

A hearing on the request is set for June 7, 2016, at 10:00 a.m.
(Eastern).  Objections to the request must be filed by May 31,
2016, at 4:00 p.m. (Eastern).

The Committee says that the Debtors' Exclusive Periods should be
terminated to permit the Committee's alternate plan to proceed to
confirmation on a parallel path with that of the Debtors' amended
plan.  According to the Committee, the Debtors cannot meet their
burden of establishing that cause exists to maintain the Exclusive
Periods because (i) the Debtors have not made good faith progress
in negotiating with the Committee, but are instead using
exclusivity to pressure unsecured creditors to accept their Plan by
threatening recoveries that are not legitimately tied to any actual
potential outcomes, and (ii) the Amended Plan is not confirmable.

On May 16, 2016, without any negotiation or input from the
Committee, the Debtors filed a Chapter 11 plan that largely adopts
the negotiating position of the putative first lien lenders, hands
those lenders tens of millions of dollars of unencumbered assets,
grants the lenders releases without just compensation to the
estates, purports to "preserve" the secured lenders' long-dead
adequate protection claims, and wrongfully provides free releases
to the Debtors' equity sponsors.  The Committee claims that to make
matters worse, the Debtors' newest plan attempts to force unsecured
creditors to accept all of its terms through a coercive deathtrap
mechanism that places all unsecured creditors at risk of receiving
no recovery at all if they vote to reject the plan.

The Debtors purport to have filed their newest plan in response to
some unarticulated pressure from secured lenders who have made it
clear from the early stages of these cases that they have no desire
to attempt to exercise their nonbankruptcy remedies to recover
their collateral outside of this Court.  The Debtors were aware
that the Committee had been working with some of their largest
unsecured creditors to develop a newmoney plan premised on an
all-cash offer to the secured lenders and that would provide a
material return to the Debtors' estates and unsecured creditors.

According to the Committee, this is not the first time the Debtors
have chosen to ignore the interests of unsecured creditors in these
Cases in deference to their secured lenders.  The Debtors filed
their petitions with a plan of reorganization in the ready, the
terms of which were dictated by a prepetition restructuring support
agreement with secured lenders.  That plan, like the one now on
file, was extremely hostile to the estates and their unsecured
creditors.  That first plan contemplated that substantially all of
the value of the estates would be ceded to prepetition secured
lenders (in that iteration, the first and second lien lenders) and
contained a threat to unsecured creditors designed to compel their
acquiescence.  The "peace offering" at the time -- represented by
the Debtors to be the very best they could obtain in negotiations
-- was 1% of the reorganized Debtors' equity.  If, however,
unsecured creditors rejected the plan, they would get only 0.5%, or
less than $5 million of value in exchange for over $2 billion of
funded unsecured debt.

The unsecured creditors objected from the first days of these
cases, setting forth three basic propositions: (i) the Debtors were
vastly overvaluing the extent and value of collateral securing the
lenders' loans because, among other faults, they had not performed
even perfunctory diligence to determine what was, and what was not,
actually collateral, (ii) the Debtors were vastly underestimating
the extent and value of the estates' unencumbered assets, and (iii)
if the secured lenders were not willing to pay the costs of a
Chapter 11 process, including the costs of preserving and
protecting their physical collateral, the Court should lift the
automatic stay so that those lenders could
commence foreclosure proceedings in all jurisdictions in which
their putative collateral was located, leaving unsecured creditors
to realize their recovery from what was, at that time, wholly
unencumbered property.

The Committee claims that the Debtors' Amended Plan on file
represents a no win choice for unsecured creditors: vote for the
plan and get less than one would in a Chapter 7 liquidation;
fight the plan and either get nothing or end up six months down the
road with no plan and administrative expenses running out of
control.  

                About Samson Resources Corporation

Samson Resources Corporation, et al., filed Chapter 11 bankruptcy
petitions (D. Del. Lead Case No. 15-11934) on Sept. 16, 2015.
Philip W. Cook signed the petition as executive vice president and
chief financial officer.  The Debtors estimated assets and
liabilities of more than $1 billion.

Samson is an onshore oil and gas exploration and production
company with interests in various oil and gas leases primarily
located in Colorado, Louisiana, North Dakota, Oklahoma, Texas, and
Wyoming.  The Operating Companies operate, or have royalty or
working interests in, approximately 8,700 oil and gas production
sites.

Samson was acquired by KKR and Crestview from Charles Schusterman
in December 2011 for approximately $7.2 billion.  The investor
group provided approximately $4.1 billion in equity investments as
part of the purchase price.

Kirkland & Ellis LLP represents the Debtors as general counsel.
Klehr Harrison Harvey Branzburg LLP is the Debtors' local counsel.

Alvarez & Marsal LLC acts as the Debtors' financial advisor.
Blackstone Advisory Partners L.P. serves as the Debtors'
Investment banker.  Garden City Group, LLC serves as claims and
noticing agent to the Debtors.

Andrew Vara, acting U.S. trustee for Region 3, appointed three
creditors of Samson Resources Corp. and its affiliated debtors to
serve on the official committee of unsecured creditors.  The
Committee has tapped White & Case LLP as counsel and Farnan LLP as
local counsel.


SH 130 CONCESSION: Files Schedules of Assets and Liabilities
------------------------------------------------------------
SH 130 Concession Company, LLC filed with the U.S. Bankruptcy Court
for the Western District of Texas its amended schedules of assets
and liabilities, disclosing:

     Name of Schedule              Assets          Liabilities
     ----------------         --------------     ---------------
  A. Real Property            $1,163,958,129
  B. Personal Property           $18,443,407
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                               $1,648,500,369
  E. Creditors Holding
     Unsecured Priority
     Claims                                                   $0
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                             $724,382
                             --------------      ---------------
        Total                $1,182,401,536       $1,649,224,751

A copy of the schedules is available for free at:

                        https://is.gd/21neNZ

                      About SH 130 Concession

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

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

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

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

Judge Tony M. Davis has been assigned the case.



SOUTHCROSS HOLDINGS: Asks Court to Close Chapter 11 Cases
---------------------------------------------------------
Southcross Holdings LP and its debtor-affiliates are seeking the
issuance and entry of a final decree closing their Chapter 11
reorganization cases.

The Debtors stated that the chapter 11 cases have been "fully
administered" within the meaning of section 350 of the Bankruptcy
Code, making it appropriate for the Court to enter the Final
Decree. In particular:

   (a) the Confirmation Order has become final and is non-
       appealable;

   (b) the Reorganized Debtors have emerged from chapter 11;

   (c) all payments required to be made pursuant to the Plan have
       been paid or provided for as of the Effective Date;

   (d) the Reorganized Debtors have assumed the business and
       management of the property dealt with by the Plan;

   (e) all anticipated motions, contested matters, and adversary
       proceedings in these chapter 11 cases have been or will be
       resolved at or before the hearing on this Motion;

   (f) all proofs of claim filed in these chapter 11 cases have
       been expunged or otherwise have been resolved;

   (g) all of the transactions contemplated by the Plan closed on
       the Effective Date; and

   (h) the Plan has been substantially consummated within the
       meaning of section 1101(2) of the Bankruptcy Code.

While the Reorganized Debtors acknowledge that the payment of
certain claims is still pending in accordance with the Plan, the
Reorganized Debtors submit that such claims will be paid outside
the chapter 11 cases in accordance with applicable nonbankruptcy
law and the Plan.

The Debtors are represented by:

       Zack A. Clement, Esq.
       ZACK A. CLEMENT PLLC
       3753 Drummond
       Houston, TX 77025
       Tel: (832) 274-7629
       E-mail: zack.clement@icloud.com

                   About Southcross Holdings

Southcross Holdings LP owns and operates gathering and
fractionation assets in the midstream energy sector. It is the
parent company of Southcross Energy Partners GP, LLC and a major
unitholder of Southcross Energy Partners, L.P., a publicly traded
master limited partnership. EIG Global Energy Partners, Charlesbank
Capital Partners and Tailwater Capital each indirectly own
approximately one-third of Holdings.

Holdings and its affiliates offer a full suite of midstream energy
services, including natural gas gathering, treating, compression
and transportation, as well as natural gas liquids fractionation
and delivery to end-user markets.

Southcross Holdings LP and 11 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. S.D. Tex. Lead Case 16-20111) on  
March 27, 2016. Bret M. Allan signed the petitions as authorized
signatory.

The Debtors estimated assets and debts in the range of $1 billion
to $10 billion.

The Debtors have hired Kirkland & Ellis LLP as general bankruptcy
counsel, Zack A. Clement PLLC as co-counsel, Houlihan Lokey
Capital, Inc. as financial advisor, Alvarez & Marsal as
restructuring advisor and Epiq Systems as claims and noticing
agent.

Hon. Marvin Isgur has been assigned the jointly administered cases.


SOUTHCROSS HOLDINGS: Schedules Filing Deadline Extended
-------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas extended the time for Southcross Holdings LP, et
al. to file their schedules of assets and liabilities, and
statements of financial affairs, through and including the date of
entry of an order with respect to the Final Decree Motion.

The order was without prejudice to the Debtors' right to seek
further extensions of the time within which to file the Schedules
and Statements or seek additional relief from the Bankruptcy Court
regarding the filing of, or waiver of the requirement to file, the
Schedule and Statements.

                      About Southcross Holdings

Southcross Holdings LP owns and operates gathering and
fractionation assets in the midstream energy sector. It is the
parent company of Southcross Energy Partners GP, LLC and a major
unitholder of Southcross Energy Partners, L.P., a publicly traded
master limited partnership. EIG Global Energy Partners, Charlesbank
Capital Partners and Tailwater Capital each indirectly own
approximately one-third of Holdings.

Holdings and its affiliates offer a full suite of midstream energy
services, including natural gas gathering, treating, compression
and transportation, as well as natural gas liquids fractionation
and delivery to end-user markets.

Southcross Holdings LP and 11 of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. S.D. Tex. Lead Case 16-20111) on March
27, 2016. Bret M. Allan signed the petitions as authorized
signatory.

The Debtors estimated assets and debts in the range of $1 billion
to $10 billion.

The Debtors have hired Kirkland & Ellis LLP as general bankruptcy
counsel, Zack A. Clement PLLC as co-counsel, Houlihan Lokey
Capital, Inc. as financial advisor, Alvarez & Marsal as
restructuring advisor and Epiq Systems as claims and noticing
agent.

Hon. Marvin Isgur has been assigned the jointly administered cases.


SPECTRASCIENCE INC: Posts $2 Million Net Loss for March 31 Qtr
--------------------------------------------------------------
SpectraScience Inc. filed with the Securities and Exchange
Commission its Form 10-Q report for the quarterly period ended
March 31, 2016.

SpectraScience posted a net loss of $2,056,334 for the quarter,
from a net loss of $1,709,690 for the same period a year ago.

SpectraScience posted zero revenues for the quarter.

At March 31, 2016, the Company had $1,687,964 in total assets,
total current liabilities of $10,434,652, and total shareholders'
deficit of $8,777,538.

As of March 31, 2016, the Company had a working capital deficit of
$10,041,923 and cash of $1,785, compared to a working capital
deficit of $8,324,600 and cash of $127,493 as of December 31, 2015.
In December 2011, the Company entered into an Engagement Agreement
with Laidlaw & Company (UK) Ltd., which Engagement Agreement was
amended in July 2012. Under the Engagement Agreement, Laidlaw
agreed to assist the Company in raising up to $20.0 million in
capital over a two year period from the date of the Engagement
Agreement. Subsequent to March 31, 2013, the Company has engaged
other agents to assist the Company with raising capital and has
commenced raising capital on its own.

During the three months ended March 31, 2016, the Company raised
$311,000, net of transaction costs of $24,000, under these
agreements. However, if the Company does not receive additional
funds in a timely manner, the Company could be in jeopardy as a
going concern. The Company may not be able to find alternative
capital or raise capital or debt on terms that are acceptable.
Management believes that if the events defined in the Engagement
Agreements occur as expected, or if the Company is otherwise able
to raise a similar level of funds, such proceeds will be sufficient
to allow the Company to sustain operations until it attains
profitability and positive cash flows from operations. However, the
Company may incur unknown expenses or may not be able to meet its
revenue expectations requiring it to seek additional capital. In
such event, the Company may not be able to find capital or raise
capital or debt on terms that are acceptable.

A copy of the Company's SEC report is available at
http://goo.gl/R50Ryu
      
SpectraScience, Inc. develops and manufactures innovative Laser
Induced Fluorescence spectrophotometry systems capable of
determining whether tissue is normal, pre-cancerous or cancerous
without removing tissue from the body. The WavSTAT Optical Biopsy
System is SpectraScience's first product to incorporate its
proprietary fluorescence technology for clinical use. The WavSTAT
System carries the CE mark designation which allows for the sale
and marketing in the European Union for the diagnosis of cancer.  


SPORTS AUTHORITY: Going-Out-of-Business Sales to Start May 26
-------------------------------------------------------------
The joint venture of Gordon Brothers Group, Hilco Merchant
Resources, and Tiger Capital Group, on
May 24, 2016, disclosed that they will commence
going-out-of-business sales at all Sports Authority retail
locations beginning Thursday, May 26th.  The joint venture
partners' bid was approved by the U.S. bankruptcy court on May 24.
Gordon Brothers Group, along with Tiger Capital, began assisting
the Company with the wind-down of 142 stores in March after they
filed for Chapter 11 bankruptcy protection as part of an
operational restructuring plan.

Going-out-of-business sales will offer unprecedented values, in all
stores, on shoes, clothing, athletic gear and accessories including
such popular brands as Under Armour, Nike, North Face, Wilson,
Adidas, Spalding, ASICS, Head, Coleman, Everlast and Brooks.
Sports Authority gift cards will be honored through June 27, 2016.
Store fixtures, furniture and equipment will also be available for
sale.

Sports Authority and its predecessor companies including Gart
Sports, Sportmart, Oshman's and Copeland's Sports have been selling
sporting goods since 1919.  Sports Authority has been one of the
leading full-line sporting goods retailers and the active family's
destination for footwear, apparel, fitness, team sports and outdoor
recreation in the country.  Headquartered in Englewood, CO, Sports
Authority currently operates over 450 stores in 45 U.S. states.
The Company has been dedicated to providing its customers with the
best shopping experience possible by consistently providing great
brands at great values as well as leading customer service and
product knowledge.

"Words cannot adequately express the disappointment we feel with
the need to shut down our stores.  We pursued both a plan of
reorganization, as well as a sale of our business, but were
unsuccessful in reaching an agreement that would have allowed
Sports Authority to continue to operate," stated Michael Foss,
Chief Executive Officer of Sports Authority.  "We sincerely thank
our loyal customers for supporting our company over the years and
encourage them to shop early for tremendous values on their
favorite sporting good products."

"Our liquidation sales will offer shoppers extraordinary
opportunities to buy the kinds of sporting goods, equipment and
apparel they've come to expect from Sports Authority -- all at deep
discounts," said a representative from the joint venture.  "Most
markdowns will be taken on already reduced prices, including
clearance inventory, so the liquidation savings will be
significant.  Additionally, this event comes just in time for
Father's Day gift giving and the start of summer outdoor
activities."

                  About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group --
http://www.gordonbrothers.com-- is a global advisory,
restructuring and investment firm specializing in the retail,
consumer products, industrial, and real estate sectors. Gordon
Brothers Group maximizes value for both healthy and distressed
companies by purchasing or selling all categories of assets,
mitigating leases, appraising assets and operating businesses for
extended periods.  Gordon Brothers Group conducts over $50 billion
worth of transactions and appraisals annually.  As of November
2014, debt financing is provided by Gordon Brothers Finance Company
(www.gbfinco.com).

               About Hilco Merchant Resources, LLC

Hilco Merchant Resources -- http://www.hilcomerchantresources.com
-- provides a wide range of analytical, advisory, asset
monetization, and capital investment services to help define and
execute a retailer's strategic initiatives.  Hilco Merchant
Resources' activities fall into several principal categories
including acquisitions; disposition of underperforming stores;
retail company or division wind downs; event sales to convert
unwanted assets into working capital; facilitation of mergers and
acquisitions; interim company, division or store management teams;
loss prevention; and, the monetization of furniture, fixtures and
equipment.  Additionally, HMR now includes among its subsidiaries
the nation's premier fixture and equipment liquidation firm, Hilco
Fixture Finders (www.hilcofixturefinders.com), as well as the
popular online retail and daily deal e-commerce company, Deal
Genius, LLC (www.dealgenius.com).

Hilco Merchant Resources is part of Northbrook, Illinois based
Hilco Global -- http://www.hilcoglobal.com-- one of the world's
leading authorities on maximizing the value of business assets by
delivering valuation, monetization and advisory solutions to an
international marketplace.  Hilco Global operates twenty
specialized business units offering services that include asset
appraisal, retail and industrial inventory acquisition and
disposition, real estate repositioning and renegotiation, strategic
advisory and operational consulting and strategic capital equity
investments.

                     About Tiger Capital Group

Tiger Capital Group -- http://www.tigergroup.com-- provides asset
valuation, advisory and disposition services to a broad range of
retail, wholesale, and industrial clients. With over 40 years of
experience and significant financial backing, Tiger offers a
uniquely nimble combination of expertise, innovation and financial
resources to drive results.  Tiger's seasoned professionals help
clients identify the underlying value of assets, monitor asset risk
factors and, when needed, provide capital or convert assets to
capital quickly and decisively.  Tiger maintains domestic offices
in New York, Los Angeles, Boston, Chicago, and San Francisco, and
international offices in Sydney, Perth, and Brisbane, Australia.

                    About Sports Authority

Sports Authority Holdings is a privately held company incorporated
in Delaware and headquartered in Englewood, Colorado.  Sports
Authority is one of the nation's largest full-line sporting goods
retailers, with roots dating back to 1928.  Sports Authority
currently operates 464 stores and five distribution centers across
40 U.S. states and Puerto Rico.  Sports Authority is among the top
five sporting goods retailers.

On March 2, 2016, Sports Authority Holdings Inc. and six other
related entities filed voluntary petitions for relief under Chapter
11 of the United States Bankruptcy Code.  The cases are jointly
administered under Case No. 16-10527 before the Honorable Mary F.
Walrath in the United States Bankruptcy Court for the District of
Delaware.


SPORTS AUTHORITY: Hires Gordon Brothers as Appraiser
----------------------------------------------------
Sports Authority Holdings, Inc., and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the District of
Delaware to employ Gordon Brothers Asset Advisors, LLC d/b/a Gordon
Brothers-AccuVal as appraiser, nunc pro tunc to April 8, 2016.

The Debtors require AccuVal to:

     a. interview and discuss with the Company personnel and
advisor familiar with the Intellectual Property;

     b. identify what IP assets have value;

     c. review marketplace comparable transactions as available;

     d. perform industry research;

     e. perform valuation analysis utilizing appropriate
methodology; and

     f. identify the value of the subject IP asset.

As agreed by the Debtors and AccuVal the fees associated with the
Appraisal total $45,000, exclusive of expenses, with one-half of
the appraisal fee ($22,500) to be paid as a retainer in advance of
beginning the engagement and the balance of the fee(22,500), plus
the expenses , to be paid in full prior to the release of
preliminary numbers or the final report.

Michael D. Chartock, secretary of Gordon Brothers Asset Advisors,
LLC DBA Gordon Brothers-AccuVal, 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.

AccuVal can be reached at:

       Michael D. Chartock
       Gordon Brothers Asset Advisors, LLC
       d/b/a/ Gordon Brothers-AccuVal
       800 Boylston Street, 27th Floor
       Boston, MA 02199
       Phone: (617)210-7116
       E-mail: mchartock@gordonbrothers.com

                    About Sports Authority


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



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



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

Lawyers at Pachulski Stang Ziehl & Jones LLP represent the Official
Committee of Unsecured Creditors.



STONE ENERGY: Receives NYSE Notice of Non-Compliance
----------------------------------------------------
Stone Energy Corporation announced the receipt of formal notice of
non-compliance with the New York Stock Exchange market
capitalization listing standard.  

On May 17, 2016, the Company was notified by the NYSE that its
average global market capitalization has been less than $50 million
over a consecutive 30 trading-day period at the same time that its
stockholders' equity is less than $50 million, which is
non-compliant with Section 802.01B of the NYSE Listed Company
Manual.  

Under the NYSE's rules, the Company has 10 business days from
receipt of the notification to submit a letter confirming that the
Company will submit a plan that demonstrates its ability to regain
compliance within 18 months.  Thereafter, the Company will have 45
calendar days following its confirmation letter to the NYSE to
submit such plan.

                        About Stone Energy

Stone Energy is an independent oil and natural gas company engaged
in the acquisition, exploration, exploitation, development and
operation of oil and gas properties.  The Company has been
operating in the Gulf of Mexico Basin since its incorporation in
1993 and have established a technical and operational expertise in
this area.  The Company has leveraged its experience in the GOM
conventional shelf and expanded its reserve base into the more
prolific basins of the GOM deep water, Gulf Coast deep gas and the
Marcellus and Utica shales in Appalachia.  As of Dec. 31, 2015,
the Company's estimated proved oil and natural gas reserves were
approximately 57 MMBoe or 342 Bcfe.  During 2015, approximately 95
MMBoe or 570 Bcfe of the Company's estimated proved reserves were
revised downward as a result of lower oil, natural gas and natural
gas liquids prices.

Stone Energy reported a net loss of $1.1 billion in 2015 following
a net loss of $189.54 million in 2014.  As of March 31, 2016, Stone
Energy had $1.64 billion in total assets, $1.87 billion in total
liabilities and a total stockholders' deficit of $225 million.

                         *    *    *

In March 2016, Standard & Poor's lowered its corporate credit
rating on U.S.-based oil and gas exploration and production company
Stone Energy to 'CCC-' from 'CCC+'.

As reported by the TCR on May 23, 2016, Moody's Investors Service
downgraded Stone Energy Corporation's Corporate Family Rating (CFR)
to Ca from Caa2, Probability of Default Rating (PDR) to Ca-PD from
Caa2-PD, and senior unsecured rating to Ca from Caa3. The SGL-4
Speculative Grade Liquidity (SGL) rating was affirmed. The rating
outlook remains negative.


STONE ENERGY: Stockholders Re-Elect 10 Directors to Board
---------------------------------------------------------
At the annual meeting of stockholders of Stone Energy Corporation,
the stockholders:

   (a) re-elected George R. Christmas, B. J. Duplantis, Peter D.
       Kinnear, David T. Lawrence, Robert S. Murley, Richard A.
       Pattarozzi, Donald E. Powell, Kay G. Priestly, Phyllis M.
       Taylor David H. Welch as directors each to serve a term of
       one year;

   (b) ratified the appointment of Ernst & Young LLP as Stone's
       independent registered public accounting firm for fiscal
       2016;

   (c) approved, on an advisory basis, the compensation of the
       Company's executive officers;

   (d) approved the amendment to the Stock Incentive Plan to
       increase the number of shares reserved for issuance under
       the Stock Incentive Plan by 450,000 shares;

   (e) approved the material terms of the Stock Incentive Plan, as
       amended by the Amendment, for the purposes of complying
       with the requirements of Section 162(m) of the Internal
       Revenue Code;

   (f) approved an amendment to Stone's Certificate of
       Incorporation to increase the number of shares of
       authorized common stock from 150,000,000 shares to
       300,000,000 shares; and

   (g) approved a series of three alternative potential amendments
       to Stone's Certificate of Incorporation to authorize the
       Board to effect a reverse stock split of the Company's
       common stock at ratios of 1-for-5, 1-for-10 and 1-for-20,
       respectively, such ratio to be determined by the Board if
       the Board subsequently determines to proceed with the
       reverse stock split, and to proportionately decrease the
       authorized shares of common stock.

                         About Stone Energy

Stone Energy is an independent oil and natural gas company engaged
in the acquisition, exploration, exploitation, development and
operation of oil and gas properties.  The Company has been
operating in the Gulf of Mexico Basin since its incorporation in
1993 and have established a technical and operational expertise in
this area.  The Company has leveraged its experience in the GOM
conventional shelf and expanded its reserve base into the more
prolific basins of the GOM deep water, Gulf Coast deep gas and the
Marcellus and Utica shales in Appalachia.  As of Dec. 31, 2015,
the Company's estimated proved oil and natural gas reserves were
approximately 57 MMBoe or 342 Bcfe.  During 2015, approximately 95
MMBoe or 570 Bcfe of the Company's estimated proved reserves were
revised downward as a result of lower oil, natural gas and natural
gas liquids prices.

Stone Energy reported a net loss of $1.1 billion in 2015 following
a net loss of $189.54 million in 2014.  As of March 31, 2016, Stone
Energy had $1.64 billion in total assets, $1.87 billion in total
liabilities and a total stockholders' deficit of $225 million.

                         *    *    *

In March 2016, Standard & Poor's lowered its corporate credit
rating on U.S.-based oil and gas exploration and production company
Stone Energy to 'CCC-' from 'CCC+'.

As reported by the TCR on May 23, 2016, Moody's Investors Service
downgraded Stone Energy Corporation's Corporate Family Rating (CFR)
to Ca from Caa2, Probability of Default Rating (PDR) to Ca-PD from
Caa2-PD, and senior unsecured rating to Ca from Caa3. The SGL-4
Speculative Grade Liquidity (SGL) rating was affirmed. The rating
outlook remains negative.


SUNEDISON INC: Exclude TerraForm Entities from DIP, DIF Says
------------------------------------------------------------
DIF INFRA 4 US LLC and DIF IV Co-Invest LLC object to SunEdison,
Inc., et al.'s request for authority to obtain postpetition
financing to the extent the Debtors are seeking authority to
require any of the TerraForm Private Entities to provide credit
support for the Obligations incurred, or to be incurred.  DIF also
objects to the relief sought insofar as DIF has not had the
opportunity to review the Proposed Final Order, which was not filed
with the Motion.

Counsel for DIF INFRA 4 US LLC and DIF IV Co-Invest LLC:

       Oren Buchanan Haker, Esq.
       STOEL RIVES LLP
       900 SW Fifth Avenue, Suite 2600
       Portland, Oregon 97204
       Telephone: (503) 224-3380
       Facsimile: (503) 220-2480
       Email: oren.haker@stoel.com

             About SunEdison, Inc.

SunEdison, Inc., is a developer and seller of photovoltaic energy
solutions, an owner and operator of clean power generation assets,
and a global leader in the development, manufacture and sale of
silicon wafers to the semiconductor industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rotschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.


SUNVALLEY SOLAR: Incurs $830,000 Net Loss in First Quarter
----------------------------------------------------------
Sunvalley Solar, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $829,761 on $0 of revenues for the three months ended March 31,
2016, compared to a net loss of $34,226 on $925,742 of revenues for
the same period in 2015.

As of March 31, 2016, SunValley had $5.52 million in total assets,
$4.18 million in total liabilities and $1.34 million in total
stockholders' equity.

As of March 31, 2016, the Company had current assets in the amount
of $3,459,693, consisting of cash and cash equivalents in the
amount of $1,032,740, accounts receivable of $2,022,549, inventory
in the amount of $107,870, costs in excess of billings on
uncompleted contracts of $161,899, prepaid expenses and other
current assets of $97,135, and restricted cash of $37,500.  As of
March 31, 2016, the Company had current liabilities in the amount
of $4,185,249.  These consisted of accounts payable and accrued
expenses in the amount of $3,524,366, customer deposits of
$450,212, accrued warranty of $104,870, advances from contractors
of $103,389, and the current portion of a capital lease in the
amount of $2,412.  The Company's working capital deficit as of
March 31, 2016 was therefore $725,556.

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

                    https://is.gd/JOglWU

                   About Sunvalley Solar

Sunvalley Solar, Inc., is a California-based solar power
technology and system integration company.  Since the inception of
its business in 2007, the company has focused on developing its
expertise and proprietary technology to install residential,
commercial and governmental solar power systems.

Sunvalley Solar reported net income of $195,811 on $5.78 million of
revenues for the year ended Dec. 31, 2015, compared with a net loss
of $1.28 million on $3.31 million of revenues for the year ended
Dec. 31, 2014.

Sadler, Gibb & Associates, LLC, in Salt Lake City, UT, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has an accumulated deficit of $3,449,834, which raises
substantial doubt about its ability to continue as a going
concern.


T&H PLASTICS: Taps Polnick Law Firm as Legal Counsel
----------------------------------------------------
T&H Plastics, Inc. seeks approval from the U.S. Bankruptcy for the
Southern District of Texas to hire The Polnick Law Firm, PLLC as
its counsel and designate Veronica Polnick as attorney-in-charge.

Ms. Polnick charges $275 per hour for attorney time, $100 per hour
for paralegal time and $50 per hour for clerical time.  She will
also receive reimbursement for work-related expenses.

Ms. Polnick disclosed in an affidavit that she does not represent
any interest adverse to the Debtor and its estate.

Polnick can be reached through:

     Veronica A. Polnick
     Genevieve M. Graham
     2311 Canal St., Suite 326
     Houston, TX 77003
     Tel: 832-533-2603
     Fax: 832-504-9489
     E-mail: veronica.polnick@polnicklaw.com
             gen.graham@polnicklaw.com

                       About T&H Plastics

T&H Plastics, Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy for the Southern District of
Texas (Case No. 16-32525) on May 17, 2016.


TAKATA CORP: Will Restructure, Seek Cash Amid Air-Bag Recalls
-------------------------------------------------------------
Mike Spector, writing for The Wall Street Journal, reported that
Takata Corp. hired investment bankers to seek a cash infusion and
negotiate with auto makers over the ballooning costs it faces for
rupture-prone air bags linked to 11 deaths and more than 100
injuries world-wide.

According to the report, Takata tapped Lazard Ltd. to help craft a
restructuring plan to help it deal with what are expected to be
billions of dollars in liabilities stemming from the faulty air
bags, a steering committee for the Japanese company said on May 25,
confirming an earlier report from the Journal.

The company hopes to find a financial investor or automotive
company to provide more cash, and reach a deal with car makers on
sharing the costs of recalling nearly 70 million air bags in the
U.S. alone, the report related.

The steering committee, made up of business, financial and legal
experts in Japan, retained Lazard within the past month, the report
said, citing people familiar with the matter.  Lazard's work
soliciting an investor and conversations with auto makers remains
in early stages, the report added.

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/--develops, manufactures and sells  
safety products for automobiles.  The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts. The Company
has subsidiaries located in Japan, the United States, Brazil,
Germany, Thailand, Philippines, Romania, Singapore, Korea, China
and other countries.


TECK RESOURCES: Fitch Rates $1-Bil. New Notes 'BB-/RR3'
-------------------------------------------------------
Fitch Ratings has assigned a 'BB-/RR3' rating to Teck Resources
Limited's issue of senior unsecured notes guaranteed by certain
Teck subsidiaries. The new notes will rank pari passu with the
company's revolving credit and bilateral facilities, and ahead of
the senior unsecured notes that are not guaranteed. Proceeds of the
new notes are to be used to fund the cash tender offers to purchase
up to $1 billion aggregate principal amount of the 3.15% notes due
2017, 3.85% notes due 2017, 2.50% notes due 2018 and 3.0% notes due
2019 announced May 23, 2016.

Fitch has also upgraded the $3 billion revolving credit facility
(RCF) due 2020 and the $1.2 billion RCF due 2017 to 'BB-/RR3' and
downgraded Teck's unsecured non-guaranteed notes to 'B-/RR6'.

In addition, Fitch has affirmed Teck's Issuer Default Rating (IDR)
at 'B+'. The Rating Outlook remains Negative. A full list of rating
actions follows at the end of this release.

About C$9.6 billion in debt and $5.2 billion in RCFs is affected by
these rating actions.

The ratings reflect expectations for sizable cash burn, elevated
financial leverage, weak demand growth and excess supply in
metallurgical coal and to a lesser degree in copper and zinc. Teck
has been focused on reducing costs and capital spending to preserve
cash while funding Fort Hills during a weak commodity price
environment. The company has also been monetizing precious metals
streams, cut its dividends and stated that it could monetize
infrastructure assets but that it would not raise equity finance.

KEY RATING DRIVERS

Liquidity

Fitch estimates cash burn for 2016 and 2017 could exceed C$2
billion in aggregate. Near-term debt maturities are C$28 million in
2016 and C$855 million in 2017 (comprised primarily of two $300
million notes). In addition, Fitch estimates that Teck could
require an additional C$457 million of letters of credit (LOCs) in
2016 and an additional C$100 million in 2017 in connection with the
Fort Hills project. Fitch estimates Teck will end 2017 with C$3
billion in liquidity given the transactions announced May 23 and
assuming no asset sales and no diminution of the bilateral
facilities.

At March 31, 2016, liquidity included $3 billion available under
the RCF maturing in July 2020, $415 million under the $1.2 billion
RCF maturing in June 2017, and C$1.5 billion in cash on hand. Fitch
estimates minimum required cash to be C$400 million. Teck has
announced that it has received commitments to amend the $1.2
billion RCF, extending $1 billion of commitments to June 2019.

The credit facilities require Teck to maintain a debt-to-total
capitalization ratio of not more than 0.5x. Teck reported that the
ratio was 0.35x at March 31, 2016. Fitch does not expect this
covenant to be breached, but notes that the covenant calculation
does not add-back non-cash impairments.

In addition, as of March 31, 2016, Teck has C$1.45 billion in LOCs
issued under $1.65 billion in uncommitted bilateral facilities,
some of which can be cancelled with 90 days' notice.

The subsidiary guarantees supporting the proposed new notes also
support the revolving credit and bilateral facilities.

Recovery Analysis

Fitch assumes a going-concern EBITDA of C$1.5 billion which
compares to 80% of the LTM EBITDA of C$1.9 billion, a going-concern
enterprise value of 5x the going-concern EBITDA for $7.7 billion,
and 10% of enterprise value for administrative claims. Fitch
assumes that the guaranteed facilities and notes will have priority
over the non-guaranteed notes, and that in times of distress, the
full amount of the committed facilities would be used and the
uncommitted and undrawn facilities would be cancelled. The result
of this analysis shows good ('RR3') recovery for the guaranteed
facilities even after using full availability under secured and
guaranteed debt baskets, but poor recovery ('RR6') for the
unguaranteed facilities. Prior analysis showed average recovery
('RR4') for all notes and facilities given that these ranked
equally.

The amendment to the $1.2 billion facility will limit the amount of
secured and guaranteed debt. The maximum amount of secured debt
will be equal to the greater of 4% of consolidated net tangible
assets and $1 billion. The maximum amount of guaranteed debt
(including secured debt) will be equal to the greater of 9% of
consolidated net tangible assets and $2.25 billion. There are
carve-outs to each of the restrictions.

Negative pledge clauses under the company's existing debt
indentures prohibit granting of security on principal property and
shares of restricted subsidiaries unless the notes are equally and
rateably secured with standard exemptions including indebtedness up
to 10% of consolidated net tangible assets.

Principal property includes the Elkview Mine, the Fording River
Mine, the Highland Valley Copper Mine, the Red Dog Mine and any
other mineral property and other fixed assets located in Canada or
the U.S. which is greater than 10% of consolidated net tangible
assets. Restricted subsidiaries are those with substantially all
assets or operations in Canada or the U.S. and which own or lease a
principal property or primarily own or hold securities of
restricted subsidiaries. Teck reports that as of March 31, 2016,
consolidated net tangible assets were C$32 billion, 10% of which is
approximately C$3.2 billion.

De-Levering

Absent asset sales, Fitch expects leverage to increase with
borrowing to finance the Fort Hills construction and ramp-up. At
March 31, 2016, total debt-to-EBITDA was 4.7x and this figure could
rise to over 6x before gradually dropping to below 4x by the end of
2019 with output from Fort Hills and the aid of improved commodity
prices.

Commodity Price Exposure

The outlook for metallurgical coal prices is weak given persistent
oversupply. Fitch expects this condition to persist through 2016
and result in lower profits and cash flow. Teck guides that a
$1/tonne change in its coal realizations impacts profits by C$23
million. For 2015, Teck realized $93/tonne on its coal sales on
average. Fitch expects the average hard coking coal benchmark to be
$85/tonne in 2016, down from $102/tonne on average in 2015. Teck
guides to a range of total cost per tonne of C$91-C$97 ($65-$69 at
an exchange rate assumption of C$1.4=$1) compared with C$99 ($76 at
the exchange rate of C$1.3=$1) in 2015. Total costs in the first
quarter of 2016 were C$101/tonne.

Teck reports that a $0.01/lb. change in copper prices impacts
profits by C$6 million. Average copper realizations were $2.50/lb.
in 2015 compared with the year to April 29, 2016 average of
$2.14/lb. and Fitch's 2016 assumption of $2.18/lb.

Teck reports that a $0.01/lb. change in Zinc prices impacts profits
by C$9 million. Average zinc realizations were $0.87/lb. in 2015
compared with the year to April 29, 2016 average of $0.78/lb. and
Fitch's 2016 assumption of $0.78/lb.

Fort Hills

Teck guides to C$960 million in spending on the Fort Hills oil
sands project in Canada in 2016 out of a total remaining spend of
C$1.3 billion (C$1 billion remaining as of April 25, 2016). The
Fort Hills project is a partnership among Suncor Energy Inc.
(50.8%), Total E&P Canada Ltd. (29.2%) and Teck (20%). Production
is not anticipated to start before the end of 2017 but is expected
to be at 90% capacity within 12 months.

The project is expected to have cash costs in the range of C$20
-C$24/barrel of bitumen, excluding sustaining capex of roughly
C$3/barrel, and a 50-year mine life. Fitch estimates break even at
$45/barrel WTI oil price compared with the year to April 29, 2016
average of $35.24 and Fitch's 2018 assumption of $55/bbl.

Total capital guidance for the year is C$1.98 billion including
C$540 million of capitalized stripping and C$305 million of
sustaining capital.

KEY ASSUMPTIONS

-- Production at guidance and fairly flat after 2016;
-- Coal and copper unit cost decline with currency and fuel
    impacts as well as cost initiatives;
-- Fitch's mid-cycle commodity price assumptions for commodities
    prices;
-- Capital expenditures at guidance, and fairly flat through 2017

    given the Fort Hill spending.

RATING SENSITIVITIES

Positive: Future developments that may, individually or
collectively, lead to positive rating actions include:

-- Leverage expected to be below 4.3x by the end of 2018.
-- The metallurgical coal market returns to balance faster than
    expected.
-- A sustainable, meaningful reduction in debt and financial
    leverage.

Negative: Future developments that may, individually or
collectively, lead to negative rating actions include:

-- Expectations of reduced economics of the Fort Hills project.
-- Expectation that available liquidity declines below C$2
    billion.
-- Expectations that FFO Adjusted leverage would be sustained
    above 5x for an extended period.

CORPORATE PROFILE

The credit benefits from Teck's long-lived reserves, leading
low-cost position in zinc, its leading position in the seaborne
hard metallurgical coal market, and solid core position in copper.

Globally, Teck is the second-largest seaborne hard coking coal
producer after BHP-Mitsubishi Alliance and is at about the
mid-point of the cost curve (FOB port). Teck is in the top 15
largest copper producers, globally, with about average costs and is
the third largest zinc producer, in the lowest quartile on costs.
Mine lives are generally over 20 years.

Coal accounted for 37%, zinc accounted for 33% and copper accounted
for 30% of segment operating EBITDA in 2015. Canada accounted for
about 55% of 2015 gross profit before depreciation by region and
there are also operations in the U.S. (21%), Chile (2%) and Peru
(14%).

FULL LIST OF RATING ACTIONS

Teck Resources Limited

-- Issuer Default Rating (IDR) affirmed at 'B+'/Negative Outlook;
-- Senior unsecured guaranteed credit facilities upgraded to 'BB-
    /RR3' from 'B+/RR4';
-- Senior unsecured guaranteed notes assigned a 'BB-/RR3' rating;

-- Senior unsecured notes downgraded to 'B-/RR6' from 'B+/RR4'.


TECK RESOURCES: Moody's Assigns B1 Rating on US$1BB Sr. Notes
-------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Teck Resources
Limited's proposed US$1 billion aggregate principal amount of
guaranteed senior unsecured notes due 2021 and 2024.  At the same
time Moody's downgraded its existing senior unsecured (not
guaranteed) debt ratings to Caa1 from B3, reflecting its position
in the capital structure behind the new notes and credit facilities
with respect to claim on collateral at the guaranteeing
subsidiaries level.  The company's B3 Corporate Family Rating,
B3-PD Probability of Default Rating and SGL-2 Speculative Grade
Rating remain unchanged.  The outlook remains negative.  Proceeds
from the new notes will be used to refinance existing notes, which
mature in 2017, 2018 and 2019, through Teck's announced tender
offer.

Downgrades:

Issuer: Teck Resources Limited

  Senior Unsecured Regular Bond/Debenture, Downgraded to
   Caa1(LGD5) from B3(LGD4)

  Senior Unsecured Shelf, Downgraded to (P)Caa1 from (P)B3

Assignments:

Issuer: Teck Resources Limited

  Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD2)

Outlook Actions:

Issuer: Teck Resources Limited

  Outlook, Remains Negative

                         RATING RATIONALE

Teck's new proposed notes, its US$3 billion revolving credit
facility due 2020 and its US$1.2 billion revolving credit facility
due 2017 (there are commitments to extend the facility to 2019 at a
reduced US $1 billion size) will have guarantees by its
subsidiaries Teck Coal Partnership, Teck Financial Corporation
Ltd., TCL U.S. Holdings Ltd., Teck Alaska Incorporated and Teck
Metals Ltd.  These subsidiaries generated over 80% of Teck's gross
profit in 2015.  Teck's existing senior unsecured debt does not
have guarantees from its subsidiaries at this time, and resultantly
the new notes and credit facilities will have priority in the
assets of the guarantors and are ranked above the existing rated
debt in the application of our Loss Given Default (LGD)
methodology.  The B1 rating on the proposed guaranteed senior
unsecured notes reflects a one notch downward override from the LGD
model implied rating, given our view that size of the priority debt
is large relative to the lower ranking debt (over $5 billion
guaranteed, about $6 billion not guaranteed), not all subsidiaries
are providing a guarantee and the priority ranking is the result of
a guarantee rather than security.

Teck's B3 CFR is driven primarily by expected high leverage and
continuing material free cash flow consumption due to sizable
capital expenditure requirements and exposure to weak commodity
prices.  Providing an offset are the diversity and scale of its
business, low geopolitical risks, and a good average cost position.
Moody's expects Teck's adjusted Debt/EBITDA will exceed 6.0 x in
2016 and could increase to over 7.0x in 2017, incorporating base
commodity price assumptions of US$80/tonne for benchmark
metallurgical coal, US$2.15/pound for copper and US$0.75/pound for
zinc.  The company's significant spending on the Fort Hills oil
sands development project (of which it does not control the capital
decision process), at a time when commodity prices continue to be
under pressure, will cause Teck's free cash flow consumption to
total approximately C$750 million in 2016 and C$500 million in
2017.  Absent improvement in commodity prices beyond Moody's
expectations, asset sales, equity issuance (which management has
ruled out) or other inorganic actions taken by management, leverage
will increase.

Teck's rating outlook is negative because its leverage will remain
at higher than normal levels for its B3 rating, cash flow will
remain sizably negative through at least 2017, and with US$600
million (after the proposed refinancing) of unsecured notes
maturing over the through 2017-2019 period, there could be
medium-term refinancing challenges.

Teck's liquidity is good (SGL-2) through 2016, driven by Moody's
estimate that Teck's cash requirements will total about C$1.2
billion through the year, compared to cash sources that total about
C$5.2 billion.  Cash requirements include about C$750 million of
negative free cash flow, about C$400 million of minimum balance
sheet cash needs and no material debt maturities in 2016. Teck
however has US$600 million of notes due in 2017.  Sources include
C$1.5 billion in cash at March 31, 2016, and C$3.7 billion of
unused revolvers at March 31, 2016: US$1.2 billion matures in June
2017 (US$785 million drawn for letters of credit, there are
commitments to extend the facility to 2019 at a reduced US$1
billion size) and US$3 billion matures in 2020 (undrawn). Moody's
expects that Teck will maintain ample cushion to its maximum 50%
Debt/Capitalization debt covenant.

Teck's rating could be downgraded to Caa1 if liquidity
deteriorates; or there is an increased likelihood that Teck will be
unable to refinance upcoming debt maturities.

Teck's rating could be upgraded to B2 if the majority of the
capital spend at Fort Hills is largely completed, there is a
reasonable expectation of sustained neutral or positive free cash
flow and there is a high level of certainty that Teck will be able
to refinance its upcoming debt maturities through 2019.  Moody's
believes this would be contingent on improved commodity prices.

Headquartered in Vancouver, British Columbia, Canada, Teck
Resources is a diversified mining company with assets in Canada,
the U.S., Peru and Chile.  The company is a leading producer of
metallurgical coal, operates one of the world's largest zinc mines
(Red Dog in Alaska) and also produces a meaningful amount of
copper.  Revenues for 2015 were C$8.3 billion.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.


TECK RESOURCES: S&P Affirms 'B+' CCR, Outlook Negative
------------------------------------------------------
S&P Global Ratings said it affirmed its 'B+' long-term corporate
credit rating on Vancouver-based globally diversified mining
company Teck Resources Ltd.  The outlook is negative.

At the same time, S&P Global Ratings assigned its 'BB-' issue-level
rating and '2' recovery rating to the company's proposed US$1
billion of senior unsecured notes that, along with Teck's bank
facilities, will be guaranteed by subsidiaries that account for the
majority of the company's assets.  The '2' recovery rating
corresponds with substantial (70%-90%, at the upper end of the
range) recovery and issue-level rating one-notch above the
corporate credit rating.

S&P also affirmed its 'B+' issue-level rating on Teck's existing
senior unsecured notes.  However, S&P revised its recovery rating
on the notes to '4' from '3'.  A '4' recovery rating corresponds
with average (30%-50%; at the upper end of the range) recovery in
our default scenario.  These notes are now subordinated to the
proposed notes and Teck's bank facilities, which reduces their
recovery prospects in S&P's simulated default scenario.

"We consider the planned bond issuance as positive to Teck's
liquidity position but not to an extent that warrants a rating
action," said S&P Global Ratings credit analyst Jarrett Bilous. "In
our view, the company's estimated core credit ratios are weak for
the ratings and heavily dependent on sustained improvement in
metallurgical coal, copper, and zinc prices to reach levels we
consider commensurate with the ratings," Mr. Bilous added.

The negative outlook primarily reflects the potential that average
realized prices in Teck's core commodity segments, which include
metallurgical coal, copper, and zinc, will remain subdued in 2016
and into 2017 and reduce the prospects improvement in its core
credit ratios from weak estimated levels.

S&P could downgrade Teck if S&P believes the company will sustain
core credit measures considered weak for the rating, including
adjusted debt-to-EBITDA of about 7x and FFO-to-debt below 10% or
EBITDA interest coverage below 2x.  In this scenario, S&P would
expect average metallurgical coal prices below current levels, and
relatively stable copper and zinc prices that are not sufficiently
offset by cost reductions or other initiatives over the next 12
months.  In addition, S&P could downgrade the company if it views
Teck's business risk profile as fair, which could result from a
downward revision to the company's operating efficiency or
profitability assessment.

S&P could revise the outlook to stable in the event it estimates
Teck will sustain an adjusted debt-to-EBITDA ratio of about 5x,
with lower-than-expected free cash flow deficits.  S&P would also
expect Teck to maintain a satisfactory business risk profile.



TRANS ENERGY: In Default Under Morgan Stanley Credit Agreement
--------------------------------------------------------------
Trans Energy, Inc., disclosed in a regulatory filing with the
Securities and Exchange Commission that on May 20, 2016, it
notified Morgan Stanley Capital Group, Inc. that it determined that
it was in default under numerous provisions under the First Amended
Credit Agreement dated as of July 31, 2015, among the Company's
subsidiary American Shale Development, Inc., a Delaware
corporation, the lenders party thereto from time to time, and
Morgan Stanley Capital Group Inc., as administrative agent for
those Lenders.  According to Trans Energy, these defaults currently
exist under the Credit Agreement:

    1. The Borrower has failed to maintain the Asset Coverage
       Ratio as set forth in Section 6.21 of the Credit Agreement
       since Sept. 30, 2015;

    2. The Borrower has failed to timely provide the materials
       required pursuant to Sections 5.06 (r), (u), and (v) for
       the months ended Dec. 31, 2015, Jan. 31, 2016, Feb. 29,
       2016, and March 31, 2016;

    3. The Borrower has failed to timely effect the Tug Hill
       Disposition in accordance with Section 5.19;

    4. The Borrower has failed to timely engage a financial
       advisor reasonably acceptable to Administrative Agent and
       to commence the related refinancing activities in
       accordance with Section 5.20;

    5. The Borrower has failed to timely provide the annual
       financial statements pursuant to Section 5.06 (a) for the
       year ended Dec. 31, 2015;

    6. The Borrower has failed to timely provide the Reserve
       Report pursuant to Section 5.06 (d) for the year ended
       Dec. 31, 2015;

    7. The Borrower has failed to timely provide the Quarterly    

       Report on Hedging pursuant to Section 5.06 (g) for the
       quarter ended Sept. 30, 2015.

The Company said that if these defaults under the Credit Agreement
are not waived or otherwise resolved within the cure periods
provided, the Administrative Agent will have the right to
accelerate all of the outstanding indebtedness under the Credit
Facility.  If the Administrative Agent were to accelerate all of
the obligations outstanding under the Credit Facility, the Company
estimates that it would be required to pay approximately $123
million to the Administrative Agent and the Lenders.

"We are currently in discussions with the Administrative Agent and
the Lenders regarding a potential restructuring of the obligations
outstanding under the Credit Agreement.  While we hope to close the
restructuring as soon as possible, definitive documentation is
subject to negotiation.  Additionally, we can provide no assurances
that we will be able to successfully finalize such a restructuring,
that the terms of any such restructuring will be acceptable to us
or the timing or closing of such a restructuring," the Company
stated in the filing.

                     About Trans Energy

St. Mary's, West Virginia-based Trans Energy, Inc. (OTC BB: TENG)
-- http://www.transenergyinc.com/-- is an independent energy
company engaged in the acquisition, exploration, development,
exploitation and production of oil and natural gas.  Its
operations are presently focused in the State of West Virginia.

Trans Energy reported a net loss of $12.5 million on $27.2 million
of total operating revenues for the year ended Dec. 31, 2014,
compared with a net loss of $17.7 million on $18.4 million of total
operating revenues for the year ended Dec. 31, 2013.

As of Sept. 30, 2015, the Company had $101 million in total
assets, $129 million in total liabilities, and a $28 million total
stockholders' deficit.


TRANSGENOMIC INC: Incurs $3.28 Million Net Loss in First Quarter
----------------------------------------------------------------
Transgenomic, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
available to common stockholders of $3.28 million on $236,000 of
net sales for the three months ended March 31, 2016, compared to a
net loss available to common stockholders of $3.37 million on
$750,000 of net sales for the same period in 2015.

As of March 31, 2016, Transgenomic had $3.59 million in total
assets, $19 million in total liabilities and a total stockholders'
deficit of $15.41 million.

The Company has incurred substantial operating losses and has used
cash in its operating activities for the past several years.  As of
March 31, 2016, the Company had negative working capital of $15.2
million.

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

                    https://is.gd/aZn9VG

                      About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in
cardiology, oncology, and inherited diseases through its
proprietary molecular technologies and world-class clinical and
research services.  The Company is a global leader in cardiac
genetic testing with a family of innovative products, including
its C-GAAP test, designed to detect gene mutations which indicate
cardiac disorders, or which can lead to serious adverse events.
Transgenomic has three complementary business divisions:
Transgenomic Clinical Laboratories, which specializes in molecular
diagnostics for cardiology, oncology, neurology, and mitochondrial
disorders; Transgenomic Pharmacogenomic Services, a contract
research laboratory that specializes in supporting all phases of
pre-clinical and clinical trials for oncology drugs in
development; and Transgenomic Diagnostic Tools, which produces
equipment, reagents, and other consumables that empower clinical
and research applications in molecular testing and cytogenetics.
Transgenomic believes there is significant opportunity for
continued growth across all three businesses by leveraging their
synergistic capabilities, technologies, and expertise.  The
Company actively develops and acquires new technology and other
intellectual property that strengthens its leadership in
personalized medicine.

Transgenomic reported a net loss available to common stockholders
of $34.3 million on $1.65 million of net sales for the year ended
Dec. 31, 2015, compared to a net loss available to common
stockholders of $15.08 million on $1.24 million of net sales for
the year ended Dec. 31, 2014.

Ernst & Young LLP, in Hartford, Connecticut, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


TRAVIS Z KIRKLAND: Selling Dental Practice for $235,000
-------------------------------------------------------
Dr. Travis Z. Kirkland, DDS PLLC, on May 23, 2016, filed with the
U.S. Bankruptcy Court for the Western District of Washington a
motion to sell its dental practice to Jeffrey T. Jacob & Nathan C.
Holt DMD PC for $235,000.

The Debtor through its manager and its attorneys has negotiated the
sale of the practice to Jeffrey T. Jacob & Nathan C. Holt DMD PC,
an entity owned by Dr. Jeffrey T. Jacob and Dr. Nathan C. Holt,
both licensed to practice dentistry.  Dr. Holt is currently
associated with the dental practice of the Debtor and has been
since approximately June of 2015.

In conjunction with the purchase of the practice, an entity owned
by Dr. Jacob and Dr. Holt will take title to the building from
Seven Day Properties LLC pursuant to an agreement with the
noteholder to accept less than the full amount owed.  The related
transaction, while intrinsically related to the sale of the
practice, is not subject to these proceeding and does not require
Court approval.  An agreement for the sale of the building to the
related entity has been signed, contingent upon to the Court's
approval of the motion to sell the dental practice.

The note on the building is currently in default.  The noteholder,
the original owner of the practice and the building, has not
pursued foreclosure pending the successful completion of this
transaction.  However, according to the Debtor, if this transaction
were to fail it is likely that the deed of trust on the building
will be foreclosed, terminating the practice at the current
location and rendering its purchase by a new buyer unlikely.

The Debtor recounts that this is the second purchase that the
Debtors have attempted to negotiate at essentially the same
purchase price.  The first negotiation failed after considerable
time and effort.  The Debtor believes that the present offer is
reasonable and that the likelihood of obtaining a superior offer is
low within the time constraints of a Chapter 11 now entering its
eighth month.  A business valuation by Sound Business Brokers, Inc.
in January estimated the value of the property at $338,945.  Since
then Debtor has determined that certain tax liabilities and other
costs reduced the value of the purchase by $40,000.

The Debtor believes based on the valuation and the extensive
negotiations to date that obtaining a better offer is unlikely.
Further, the note on the building is currently in default, and if
this purchase agreement were to fail there a prospect of immediate
foreclosure of the note secured against the building.  No real
estate brokers are involved, reducing the costs of sale and
increasing the overall proceeds to Columbia Bank.

The Buyer has preliminary approval for a Small Business
Administration loan for both the practice and the building.  The
final underwriting of the loan could take up to 45 days following
Court approval of the sale.  The closing is projected to place no
later than Aug. 1, 2016.

The sales price for the assets of the Debtor is $235,000.  From
that amount, the Debtor will pay:

   (a) all costs of sale, including, any sales or use taxes arising
from the sale;

   (b) costs of notification of patients of the sale of the
practice;

   (c) all administrative expenses in this case, including the
United States Trustee's fee through the third quarter, all
attorneys' fees through the date of sale, and any miscellaneous
expenses incurred as a result of the sale.

The remaining amount will be distributed to Columbia Bank as the
sole secured creditor.  The Debtor will pay all ongoing expenses
including salaries and benefits, utilities and ongoing business
expenses through closing out of current income.

The estimated costs of sale and administrative expenses to be
deducted from the sale proceeds, and the estimated amount to be
distributed to Columbia Bank are:

   Sale Price:                                 $235,000

   Deductions from Sale Price:
   Washington Sales tax on capital equipment:    $7,050
   Attorneys' fees (est'd):                     $25,000
   UST fees through September 30th (est'd):      $4,875
   Patient notification letters and postage:     $1,500
   Contingency reserve:                         $10,000
                                               --------
     Net proceeds available to be distributed
     to secured creditor:                      $186,575

The proceeds of sale available to Columbia Bank are an estimate
only, subject to change based on the final UST fee, costs of
closing and final attorneys' fees.  The proceeds will be adjusted
upon payment of those expenses.  No other distribution is
anticipated.  The Debtor does not intend to propose a plan of
reorganization, because there are no other assets.  Upon sale of
the practice and distribution of all proceeds pursuant to this
order, and final winding up after closing, the Chapter 11 case will
be dismissed.

Columbia Bank stands to benefit from the sale in that the
anticipated liquidation value of the assets of the estate is no
more than $75,000.  The sale proceeds will easily exceed that
amount.  There are no other secured creditors, and Columbia Bank
will receive all proceeds of the sale.  The Debtor anticipates that
Columbia Bank will not object to the sale based on its prior
communications with its counsel.  The Debtor intends to obtain the
consent of Columbia to this sale prior to the closing.

              About Dr. Travis Z. Kirkland, DDS PLLC

Dr. Travis Z. Kirkland, DDS PLLC, owns assets consisting of a
dental practice located at 16008 Meridian Ave. East, Puyallup WA.
Dr. Travis Z. Kirkland is the Manager of Debtor and purchased the
practice in approximately December of 2012.

The practice was financed through a loan with Columbia Bank secured
against the practice, its equipment, receivables, and other
personal property. In conjunction with the purchase of the practice
Dr. Kirkland, through an entity called Seven Day Properties, LLC,
which he owns together with his wife, purchased the building in
which the practice operates by means of a loan secured by a deed of
trust against the property.  The practice pays rent to the LLC and
the LLC pays the monthly loan payments to the noteholder.
Unfortunately the practice did not produce the anticipated revenue
and fell behind in payments to Columbia Bank as well as on rental
payments to Seven Day Properties.  

Travis Z Kirkland, DDS PLLC, doing business as Any Day Dental,
sought Chapter 11 protection (Bankr. W.D. Wash. Case No. 15-44780)
on Oct. 14, 2015, in Tacoma, Washington.  The Chapter 11 filing was
precipitated by an imminent execution sale by Columbia Bank of the
assets that represent the collateral for its loan.

The Hon. Paul B. Snyder is the case judge.

The Debtor estimated assets of $50,000 to $100,000 and debt of $1
million to $10 million.

The Debtor's attorneys:

         S Lamont Bossard, Jr., Esq.
         IWAMA LAW FIRM
         333 5th Ave S
         Kent, WA 98032
         Tel: 253-520-7671
         E-mail: monty@iwamalaw.com

              - and -

         Mark C McClure, Esq.
         LAW OFFICE OF MARK MCCLURE PS
         1103 W Meeker St Ste 101
         Kent, WA 98032
         Tel: 253-631-6484
         E-mail: mark@northwestbk.com


TRI POINTE: Moody's Assigns B1 Rating on Proposed $300MM Notes
--------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to the proposed $300
million of senior unsecured notes due 2021 of TRI Pointe Homes,
Inc., a subsidiary of TRI Pointe Group, Inc., proceeds of which
will be used to repay indebtedness under its unsecured revolving
credit facility and for general corporate purposes.  In the same
rating action, Moody's affirmed all of TRI Pointe's existing
ratings, including its B1 Corporate Family Rating, B1-PD
Probability of Default, and B1 on its other senior unsecured notes.
The Speculative Grade Liquidity Rating was raised to SGL-2 from
SGL-3, and the outlook was raised to positive.

Issuer: TRI Pointe Homes, Inc, a subsidiary of TRI Pointe Group,
Inc.

Assignments:

  Senior Unsecured Regular Bond/Debenture, Assigned B1(LGD4)

Affirmations:

  Senior Unsecured Regular Bond/Debenture, Affirmed B1(LGD4)
  Probability of Default Rating, Affirmed B1-PD
  Corporate Family Rating, Affirmed B1
  Senior Unsecured Regular Bond/Debenture, Affirmed B1(LGD4)

Raised:

  Speculative Grade Liquidity Rating , Raised to SGL-2 from SGL-3

Outlook Actions:

Outlook, Raised to Positive

                          RATINGS RATIONALE

The B1 Corporate Family Rating reflects the solid performance TRI
Pointe has demonstrated in recent years, resulting in credit
metrics that are strong for its rating category.  Its debt
leverage, interest coverage and gross margins, three of the most
important metrics we consider, map to Ba levels in the homebuilding
rating methodology, and we expect these metrics will continue to
remain strong.  In addition, the rating considers the large
increase in size, scale, market presence, and geographical
footprint that TRI Pointe has experienced as a result of its 2014
acquisition of the Weyerhaeuser Real Estate Company ("WRECO").

At the same time, the rating incorporates the integration
challenges that may continue to arise from a relatively small and
new company's combining with a much larger and longer-established
entity.  WRECO is now being managed by a pure homebuilder (TRI
Pointe) rather than by a timber REIT (Weyerhaeuser), and it is
possible that the shift in culture could add to integration
difficulties.  In addition, while this note issuance improves TRI
Pointe's liquidity by freeing up its revolver, we expect the
company's cash flow to be negative in 2016 and 2017, owing to its
aggressive land acquisition plans.  The company also has a
relatively long land supply (approximately seven years), and
despite its increased size and scale, remains heavily concentrated
in California, both of which could hurt in any future downturn.

TRI Pointe's SGL 2 rating reflects the company's good liquidity
profile.  Pro forma for this transaction, TRI Pointe will have
about $165 million of unrestricted cash and equivalents and $520
million of availability under its $625 million unsecured revolver
maturing in 2019.  Moody's expects the company's cash flow will be
negative in 2016 and 2017, which could result in some additional
drawings from the credit facility.  The revolver has several
financial covenants, including a 55% maximum net
debt-to-capitalization ratio and a 1.5x minimum interest coverage
ratio. As of December 31, 2015, the company had ample cushion under
all covenants, which we expect to continue for the next 12 months.

The positive rating outlook is based on our expectation of the
company's continued strong financial performance, moderate debt
leverage, and good liquidity.

An upgrade might be considered in the if TRI Pointe continues its
strong performance and convinces us that it has seamlessly
integrated the WRECO entities while maintaining a prudent debt
leverage comfortably below 50% and improving liquidity.

A downgrade could occur if the combined company's liquidity profile
deteriorates or if adjusted debt leverage rises above 55%, EBIT
interest coverage falls below 2.5x, and/or gross margins decline to
below 18%.

The principal methodology used in these ratings was Homebuilding
And Property Development Industry published in April 2015.

TRI Pointe was founded in 2009 and is headquartered in Irvine,
California.  It designs, builds and sells single-family homes.  The
company completed its IPO in January 2013 and consummated its
merger with Weyerhaeuser Real Estate Company, a subsidiary of
Weyerhaeuser Company, in July 2014.  Through this merger, TRI
Pointe now operates in Arizona, California, Nevada, Washington,
Texas, Maryland, Colorado and Virginia through its portfolio of six
brands.  For the full year 2015, TRI Pointe's revenue and net
income were approximately $2.4 billion and $205 million,
respectively.


TRIPLE C FLATBED: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Triple C Flatbed Holdings, LLC
        420 Bill Kennedy Way
        Atlanta, GA 30316

Case No.: 16-58984

Chapter 11 Petition Date: May 24, 2016

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

Debtor's Counsel: Michael D. Robl, Esq.
                  THE SPEARS & ROBL LAW FIRM, LLC
                  Suite 250
                  3754 LaVista Road
                  Tucker, GA 30084
                  Tel: 404-373-5153
                  Fax: 404-537-1761
                  E-mail: mdrobl@tsrlaw.com
                         michael@roblgroup.com

Total Assets: $2.28 million

Total Liabilities: $2.72 million

The petition was signed by Terry Comer, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ganb16-58984.pdf


TWIN RINKS: Seeks Final Decree Closing Chapter 11 Case
------------------------------------------------------
Twin Rinks at Eisenhower, LLC asks the U.S. Bankruptcy Court for
the Eastern District of New York, to enter a final decree closing
its Chapter 11 case.

The Debtor filed a voluntary petition for reorganization under and
pursuant to the Bankruptcy Court on June 8, 2015.  The Debtor's
Second Amended Plan of Reorganization was duly confirmed pursuant
to an order of the Court on December 1, 2015.

The Debtor has complied with the Plan and the Confirmation Order,
and all the matters required to be done by the Confirmation Order,
including the initial payments to creditors under the Plan, have
been completed.

The Debtor is represented by:

       Harold D. Jones, Esq.
       JONES & SCHWARTZ, P.C.
       One Old Country Road, Suite 384
       Carle Place, NY 11514
       Tel: (516) 887-8700

                       About Twin Rinks

Twin Rinks At Eisenhower, LLC, an East Meadow, New York-based ice
skating rink operator and entertainment business, sought
Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case No. 15
72466) on June 8, 2015, with plans to sell its business and its
assets as a going concern.

The Debtor disclosed $52.4 million in assets and $55.2 million in
debt as of May 25, 2015.  

The Debtor tapped Jones & Schwartz, P.C., as counsel, and Greenspan
Associates, CPAs, as accountants.


ULTRA PETROLEUM: New Directors Elected; E&Y Okayed as Auditor
-------------------------------------------------------------
Ultra Petroleum Corp. said in a regulatory filing with the
Securities and Exchange Commission that the Annual and Special
Meeting of Shareholders was held in Houston, Texas on May 19,
2016.

Among others, these nominees for director of the Company were
elected:

     -- MICHAEL D. WATFORD
     -- W. CHARLES HELTON
     -- STEPHEN J. MCDANIEL
     -- ROGER A. BROWN
     -- MICHAEL J. KEEFFE

The appointment of Ernst & Young LLP to serve as the Company's
independent auditor for the fiscal year ending December 31, 2016
was approved.

The non-binding advisory vote regarding the Company’s executive
compensation was presented.

A copy of the Company's SEC report is available at
http://goo.gl/pwGSux

                      About Ultra Petroleum

Ultra Petroleum Corp. is an independent oil and gas company engaged
in the development, production, operation, exploration and
acquisition of oil and natural gas properties.  

Ultra Petroleum Corp. and its affiliates filed separate Chapter 11
petitions (Bankr. S.D. Tex. Case Nos. 16-32202 to 16-32209) on
April 29, 2016.  The Hon. Marvin Isgur presides over the cases.
James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at KIRKLAND & ELLIS LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at
JACKSON
WALKER, L.L.P., serve as counsel to the Debtors.   Rothschild Inc.
serves as the Debtors' investment banker; Petrie Partners serves
as
their investment banker; and Epiq Bankruptcy Solutions, LLC,
serves
as claims and noticing agent.

Ultra Petroleum Corp. listed total assets of $1.28 billion and
total liabilities of $3.91 billion as of March 31, 2016.

The petitions were signed by Garland R. Shaw, chief financial
officer.

The Office of the U.S. Trustee has appointed seven creditors of
Ultra Petroleum Corp. to serve on the official committee of
unsecured creditors.


ULTRA PETROLEUM: NYSE to Delist Shares Effective May 31
-------------------------------------------------------
New York Stock Exchange LLC notifies the Securities and Exchange
Commission of its intention to remove the entire class of Common
Stock of Ultra Petroleum Corp. from listing and registration on the
Exchange at the opening of business on May 31, 2016, pursuant to
the provisions of Rule 12d2-2(b) because, in the opinion of the
Exchange, the Common Stock is no longer suitable for continued
listing and trading on the Exchange.

The Exchange reached its decision pursuant to Section 802.01D of
the Listed Company Manual based on the Company's April 29, 2016
announcement that it and certain of its subsidiaries have
voluntarily filed petitions for reorganization under Chapter 11 of
the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the
Southern District of Texas.

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

     2. Based on the Company's April 29, 2016 announcement
mentioned above, on May 2, 2016, the Exchange determined that the
Common Stock of the Company should be suspended immediately from
trading prior to the open, and directed the preparation and filing
with the SEC of this application for the removal of the Common
Stock from listing and registration on the Exchange. The Company
was notified by letter on May 2, 2016.

     3. Pursuant to the above authorization, a press release was
issued on May 2, 2016 and an announcement was made on the 'ticker'
of the Exchange at the opening of the trading session stating the
suspension of trading in the Common Stock. Similar information was
included on the Exchange's website.

     4. The Company had a right to appeal to the Committee for
Review of the Board of Directors of NYSE Regulation the
determination to delist its Common Stock, provided that it filed a
written request for such a review with the Secretary of the
Exchange within ten business days of receiving notice of delisting
determination. The Company did not file such request within the
specified time period. Consequently, all conditions precedent under
SEC Rule 12d2-2(b) to the filing of this application have been
satisfied.

On April 29, Ultra Petroleum and certain of its subsidiaries,
including Keystone Gas Gathering, LLC, Ultra Resources, Inc., Ultra
Wyoming, Inc., Ultra Wyoming LGS, LLC, UP Energy Corporation, UPL
Pinedale, LLC, and UPL Three Rivers Holdings, LLC, filed separate
Chapter 11 petitions for reorganization in the United States
Bankruptcy Court for the Southern District of Texas.  Ultra said in
a regulatory filing with the Securities and Exchange Commission
that the filing of the Bankruptcy Petitions constitutes an event of
default that accelerated the Company's obligations under these debt
instruments:

     * The Company's 5.750% Senior Notes due December 2018, issued
pursuant to the indenture, dated December 12, 2013, between the
Company and U.S. Bank National Association, as trustee;

     * The Company's 6.125% Senior Notes due October 2024 issued
pursuant to the indenture, dated September 18, 2014, between the
Company and U.S. Bank National Association, as trustee;

     * The Credit Agreement, dated as of October 6, 2011, among
Ultra Resources, Inc., JPMorgan Chase Bank, N.A. as administrative
agent, and the lenders party thereto, as amended; and

     * Ultra Resources' 5.92% Senior Notes, Series 2008-B, due
March 2018; 7.31% Senior Notes, Series 2009-A, due March 2016;
7.77% Senior Notes, Series 2009-B, due March 2019; 4.98% Senior
Notes, Series 2010-A, due January 2017; 5.50% Senior Notes, Series
2010-B, due January 2020; 5.60% Senior Notes, Series 2010-C, due
January 2022; 5.85% Senior Notes, Series 2010-D, due January 2025;
4.51% Senior Notes, 2010 Series E, due October 2020; 4.66% Senior
Notes, 2010 Series F, due October 2022; 4.91% Senior Notes, 2010
Series G, due October 2025, issued pursuant to the Master Note
Purchase Agreement, dated March 6, 2008, as supplemented.

The Debt Instruments provide that as a result of the Bankruptcy
Petitions the principal and interest due thereunder shall be
immediately due and payable. Any efforts to enforce such payment
obligations under the Debt Instruments are automatically stayed as
a result of the Bankruptcy Petitions, and the creditors' rights of
enforcement in respect of the Debt Instruments are subject to the
applicable provisions of the Bankruptcy Code.

                      About Ultra Petroleum

Ultra Petroleum Corp. is an independent oil and gas company engaged
in the development, production, operation, exploration and
acquisition of oil and natural gas properties.  

Ultra Petroleum Corp. and its affiliates filed separate Chapter 11
petitions (Bankr. S.D. Tex. Case Nos. 16-32202 to 16-32209) on
April 29, 2016.  The Hon. Marvin Isgur presides over the cases.
James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at KIRKLAND & ELLIS LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at
JACKSON
WALKER, L.L.P., serve as counsel to the Debtors.   Rothschild Inc.
serves as the Debtors' investment banker; Petrie Partners serves
as
their investment banker; and Epiq Bankruptcy Solutions, LLC,
serves
as claims and noticing agent.

Ultra Petroleum Corp. listed total assets of $1.28 billion and
total liabilities of $3.91 billion as of March 31, 2016.

The petitions were signed by Garland R. Shaw, chief financial
officer.

The Office of the U.S. Trustee has appointed seven creditors of
Ultra Petroleum Corp. to serve on the official committee of
unsecured creditors.


ULTRA PETROLEUM: Warlander Owns 11% of Common Shares
----------------------------------------------------
Warlander Asset Management, LP, and Eric Cole, its managing member,
disclosed in regulatory filing with the Securities and Exchange
Commission earlier this month that they may be deemed to
beneficially own in the aggregate 17,000,000 Common Shares -- or
roughly 11.08% -- of Ultra Petroleum Corp.

Warlander may be reached at:

     Eric Cole
     Warlander Management GP, LLC
     250 West 55th Street, 33rd Floor
     New York, NY 10019

                      About Ultra Petroleum

Ultra Petroleum Corp. is an independent oil and gas company engaged
in the development, production, operation, exploration and
acquisition of oil and natural gas properties.  

Ultra Petroleum Corp. and its affiliates filed separate Chapter 11
petitions (Bankr. S.D. Tex. Case Nos. 16-32202 to 16-32209) on
April 29, 2016.  The Hon. Marvin Isgur presides over the cases.
James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at KIRKLAND & ELLIS LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at
JACKSON
WALKER, L.L.P., serve as counsel to the Debtors.   Rothschild Inc.
serves as the Debtors' investment banker; Petrie Partners serves
as
their investment banker; and Epiq Bankruptcy Solutions, LLC,
serves
as claims and noticing agent.

Ultra Petroleum Corp. listed total assets of $1.28 billion and
total liabilities of $3.91 billion as of March 31, 2016.

The petitions were signed by Garland R. Shaw, chief financial
officer.

The Office of the U.S. Trustee has appointed seven creditors of
Ultra Petroleum Corp. to serve on the official committee of
unsecured creditors.


VALEANT PHARMACEUTICALS: Brian Stolz Quits as SVP Neurology
-----------------------------------------------------------
Brian M. Stolz tendered his resignation as the senior vice
president Neurology, Dentistry and Generics of Valeant
Pharmaceuticals International, Inc. to pursue other opportunities,
with such resignation to be effective on May 30, 2016, as disclosed
in a regulatory filing with the Securities and Exchange
Commission.

                           About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) --
http://www.valeant.com/-- is a multinational specialty
pharmaceutical company that develops, manufactures and markets a
broad range of pharmaceutical products primarily in the areas of
dermatology, gastrointestinal disorder, eye health, neurology and
branded generics.

Valeant reported a net loss attributable to the Company of $291.7
million on $10.44 billion of revenues for the year ended Dec. 31,
2015, compared to net income attributable to the Company of $880.7
million on $8.20 billion of revenues for the year ended Dec. 31,
2014.  As of Dec. 31, 2015, Valeant had $48.96 billion in total
assets, $42.93 billion in total liabilities and $6.02 billion in
total equity.

                             *    *     *

Valeant carries a 'B2' Corporate Family Rating from Moody's
Investors Service.

As reported by the TCR on April 19, 2016, Standard & Poor's
Ratings Services said that it has lowered its corporate credit
ratings on Valeant Pharmaceuticals International Inc. to 'B' from
'B+' and placed both the corporate credit rating and the
issue-level ratings on CreditWatch with developing implications.


VALEANT PHARMACEUTICALS: Gets Notice of Default from Bondholders
----------------------------------------------------------------
Valeant Pharmaceuticals International, Inc., announced that it has
received a notice of default from the trustee under one of its
senior note indentures as a result of the delay in the filing of
its Form 10-Q for the period ended March 31, 2016.  The notice of
default does not result in the acceleration of any of Valeant's
indebtedness.

Under its senior note indenture, Valeant has 60 days from the
receipt of the notice to file the Form 10-Q, which will cure the
default in all respects.  As announced on May 9, 2016, Valeant
expects to file the Form 10-Q with the Securities and Exchange
Commission and the Canadian Securities Regulators on or before June
10, 2016, which would be well in advance of the 60-day cure date of
July 18, 2016.

                          About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) --
http://www.valeant.com/-- is a multinational specialty
pharmaceutical company that develops, manufactures and markets a
broad range of pharmaceutical products primarily in the areas of
dermatology, gastrointestinal disorder, eye health, neurology and
branded generics.

Valeant reported a net loss attributable to the Company of $291.7
million on $10.44 billion of revenues for the year ended Dec. 31,
2015, compared to net income attributable to the Company of $880.7
million on $8.20 billion of revenues for the year ended Dec. 31,
2014.  As of Dec. 31, 2015, Valeant had $48.96 billion in total
assets, $42.93 billion in total liabilities and $6.02 billion in
total equity.

                             *    *     *

Valeant carries a B2 Corporate Family Rating from Moody's
Investors Service.

As reported by the TCR on April 19, 2016, Standard & Poor's
Ratings Services said that it has lowered its corporate credit
ratings on Valeant Pharmaceuticals International Inc. to 'B' from
'B+' and placed both the corporate credit rating and the
issue-level ratings on CreditWatch with developing implications.


VANGUARD HEALTHCARE: Files List of Largest Unsecured Creditors
--------------------------------------------------------------
Vanguard Healthcare, LLC, filed with the U.S. Bankruptcy Court for
the Middle District of Tennessee a list of creditors holding the
largest unsecured claims against the company.

The list shows BHC-LTC Insurance Ltd., a company based in Cayman
Islands, as the largest unsecured creditor, followed by North
Carolina-based Evergreen Rehabilitation Center.

BHC-LTC Insurance holds a $2.73 million unsecured claim while
Evergreen holds a $1.7 million unsecured claim, according to the
court filing.

A copy of the unsecured creditors' list is available without charge
at https://is.gd/2f6sj2

                   About Vanguard Healthcare

Vanguard is a long-term care provider headquartered in Brentwood,
Tennessee, providing rehabilitation and skilled nursing services at
14 facilities in four states (Florida, Mississippi, Tennessee and
West Virginia).

Vanguard Healthcare, LLC and 17 of its subsidiaries each filed a
Chapter 11 bankruptcy petition (Bankr. M.D Tenn. Proposed Lead Case
No. 16-03296) on May 6, 2016. The petitions were signed by William
D. Orand as chief executive officer. The Debtors estimated asets in
the range of $100 million to $500 million and liabilities of up to
$100 million.

The Debtors have hired Bradley Arant Boult Cummings LLP as counsel
and BMC Group as noticing agent.

Judge Randal S. Mashburn has been assigned the cases.


VANGUARD HEALTHCARE: U.S. Trustee Forms 7-Member Committee
----------------------------------------------------------
The U.S. trustee for Region 8 on May 24 appointed seven creditors
of Vanguard Healthcare, LLC, to serve on the official committee of
unsecured creditors.

The committee members are:

     (1) Kindred Nursing Centers East, L.L.C.
         c/o Patricia McGillan
         680 So. Fourth Street
         Louisville, KY 40206
         Tel: (502) 596-7300
         mailto:patricia.mcgillan@kindred.com

     (2) Medline Industries, Inc.
         c/o Shane Reed
         1 Medline Place
         Mundelein, IL 60060
         Tel: (847) 643-4232
         Fax: (847) 643-4966
         mailto:SReed@medline.com

     (3) Healthcare Services Group, Inc.
         c/o Patrick J. Orr
         Vice President - Financial Services
         3220 Tillman Drive
         Bensalem, PA 18940
         Tel: (215) 639-4274
         Fax: (215) 688-4361
         mailto:porr@hcsgcorp.com

     (4) Kirk F. Hebert
         P.O. Box 2609
         Brentwood, TN 37024-2609
         Tel: (615) 364-5213
         mailto:Hebert.Kirk@gmail.com

     (5) Signature Healthcare, LLC, et al.
         12201 Bluegrass Parkway
         Louisville, KY 40299
         Tel: (502) 568-7800
         Fax: (502) 568-7160
         mailto:qbunton@signaturehealthcarellc.com

     (6) Express Courier
         c/o Melanie S. Kerns
         VP Controller, Express Courier, Inc.
         238 Bedford Way
         Franklin, TN 37064
         Tel: (615) 720-5146
         mailto:melanie.kerns@expressdelivers.net

     (7) Rezult Group, Inc.
         c/o John Carrico, CEO
         750 Old Hickory Blvd., Suite I-260
         Brentwood, TN 37027
         Tel: (615) 250-3362
         Fax: (615) 367-1548
         mailto:jcarrico@rezultgroup.com

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

                   About Vanguard Healthcare

Vanguard is a long-term care provider headquartered in Brentwood,
Tennessee, providing rehabilitation and skilled nursing services at
14 facilities in four states (Florida, Mississippi, Tennessee and
West Virginia).

Vanguard Healthcare, LLC and 17 of its subsidiaries each filed a
Chapter 11 bankruptcy petition (Bankr. M.D Tenn. Proposed Lead Case
No. 16-03296) on May 6, 2016. The petitions were signed by William
D. Orand as chief executive officer. The Debtors estimated asets in
the range of $100 million to $500 million and liabilities of up to
$100 million.

The Debtors have hired Bradley Arant Boult Cummings LLP as counsel
and BMC Group as noticing agent.

Judge Randal S. Mashburn has been assigned the cases.


VERITAS BERMUDA: S&P Assigns 'B' CCR, Outlook Stable
----------------------------------------------------
S&P Global Ratings said it assigned its 'B' corporate credit rating
to Mountain View, Calif.-based Veritas Bermuda Ltd.  The rating
outlook is stable.

At the same time, S&P assigned its 'B+' issue-level rating and '2'
recovery rating to Veritas' approximately $2.9 billion first-lien
credit facilities, which consist of a $250 million five-year
revolving credit facility, a $2.1 billion seven-year term loan B,
and EUR497 million seven-year term loan B.  The '2' recovery rating
indicates S&P's expectations for substantial recovery (70%-90%;
lower half of the range) of principal in the event of a payment
default.

S&P also assigned its 'B+' issue-level rating and '2' recovery
rating to the company's $441 million first-lien notes and EUR262
million first-lien notes.  The '2' recovery rating indicates S&P's
expectations for substantial recovery (70%-90%; lower half of the
range) of principal in the event of a payment default.

In addition, S&P assigned its 'CCC+' issue-level rating and '6'
recovery rating to Veritas' $400 million seven–year last-out
first-lien term loan B-2 and $825 million eight-year senior
unsecured notes.  The '6' recovery rating indicates S&P's
expectations for negligible recovery (0%-10%) of principal in the
event of a payment default.

"Our 'B' corporate credit rating on Veritas reflects the firm's
high leverage, the potential for further sales disruption as the
company transitions to a direct rather than channel-based sales
strategy, and limited product diversity," said S&P Global Ratings
credit analyst James Thomas.

S&P views Veritas' significant recurring maintenance revenue base
and its leading market share in several product categories as key
credit strengths.

The stable outlook reflects S&P's expectation that Veritas will be
able to generate annual free cash flow of $150 million to $175
million and reduce leverage to the low-7x area by the end of fiscal
2017 from significant recurring maintenance revenue base, high
customer switching costs, and more efficient cost structure after
its separation from Symantec.



VISCOUNT SYSTEMS: Incurs C$142,000 Net Loss in First Quarter
------------------------------------------------------------
Viscount Systems, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of C$142,000 on C$982,000 of
sales for the three months ended March 31, 2016, compared to net
income attributable to common stockholders of C$121,157 on C$1.05
million of sales for the same period in 2015.

As of March 31, 2016, Viscount Systems had C$1.37 million in total
assets, C$10.03 million in total liabilities and a total
stockholders' deficit of C$8.65 million.

The Company had cash of $51,796 as of March 31, 2016, and negative
working capital of $8,840,286 as of March 31, 2016.  The large
amount of negative working capital is mainly due to the notes
liability, the derivative notes liability and accrued PIK interest
payable on the Series A and B Demand Notes liabilities.  The
Company had an accumulated deficit of $16,398,136 as of March 31,
2016, and reported an operating loss for the three months ended
March 31, 2016 of $555,977.  Net cash used in operating activities
for the three months ended March 31, 2016, was $184,910.  The
Company said it is subject to significant liquidity risk.

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

                    https://is.gd/c4KyoN

                   About Viscount Systems

Burnaby, Canada-based Viscount Systems, Inc., is a manufacturer,
developer and service provider of access control security
products.

Viscount reported a net loss attributable to common stockholders of
C$6.33 million on C$6.13 million of sales for the year ended Dec.
31, 2015, compared to a net loss of attributable to common
stockholders of C$990,681 on C$4.76 million of sales for the year
ended Dec. 31, 2014.

Dale Matheson Carr-Hilton Labonte LLP, in Vancouver, Canada, issued
a "going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that
the Company has incurred losses in developing its business, and
further losses are anticipated in the future.  The Company requires
additional funds to meet its obligations and the costs of its
operations and there is no assurance that additional financing can
be raised when needed.  These factors raise substantial doubt about
the Company's ability to continue as a going concern, the auditors
noted.


W3 CO: Moody's Lowers CFR to Caa3, Outlook Remains Negative
-----------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
W3 Co., a holding company of Total Safety U.S. Inc., to Caa3 from
Caa1.  The Probability of Default Rating (PDR) was downgraded to
Caa3-PD from Caa1-PD, the first lien revolver and term loan to Caa2
from B3 and the second lien term loan to Ca from Caa3.  The rating
outlook remains negative.

The downgrade reflects Moody's expectation of further deterioration
in Total Safety's operating and financial performance driven by
intense pricing pressure and weakening activity levels, notably in
its upstream business.  With minimal unrestricted cash available,
the company's highly drawn revolver will leave a limited amount of
flexibility to handle seasonal peaks in draws and cover all of its
debt service.  While its downstream business is holding up, its
upstream exposure will continue to decline throughout 2016.

Ratings downgraded:

  Corporate Family Rating to Caa3 from Caa1;

  Probability of Default Rating to Caa3-PD from Caa1-PD;

  Senior Secured 1st Lien Revolving Credit Facility due 2018 to
   Caa2 (LGD3) from B3 (LGD3);

  Senior Secured 1st Lien Term Loan due 2020 to Caa2 (LGD3) from
   B3(LGD3);

  Senior Secured 2nd Lien Term Loan due 2020 to Ca (LGD5) from
   Caa3(LGD5);

Outlook Actions:

  Outlook, Affirmed Negative

                        RATINGS RATIONALE

The Caa3 Corporate Family Rating reflects Total Safety's
constrained liquidity position, expectations of very high leverage
above 9 times, and continued deterioration in its upstream
business.  The company's highly drawn revolver leaves limited
availability to cover debt service and day to day operations,
raising concerns of potential debt restructurings.  Moody's
believes 2016 will be a challenging operating year, pressured by
customer-demanded price concessions, weak upstream activity, and
potential delays in downstream projects.

Total Safety's weak liquidity profile reflects Moody's expectations
of minimal unrestricted cash balances and limited access to its
revolver throughout 2016.  While underlying cash flows have some
seasonality, Moody's believes free cash flow will be negative in
2016 unless the company can materially monetize accounts
receivables to more than offset earnings declines and its capital
expenditure needs.  Total Safety's $60 million revolving credit
facility is due in 2018.  As of May 2016, the revolver had $47
million drawn, not including about $5.5 million in letters of
credit.  Moody's believes this leaves the company with minimal
cushion to cover all of its day-to-day operations and debt service.
Generally, revolver needs are highest leading into Summer and in
the early Fall, in step with the refinery turnaround season.  In
addition, the company has quarterly cash interest payments that are
also a draw on cash needs, making the remainder of the year a
challenge.

The credit agreement contains a quarterly springing senior secured
1st lien net leverage covenant, triggered when more than $15
million (25%) of the revolver capacity is outstanding.  The
covenant test at March 31, 2016 was 5.50 times and the company's
actual leverage was at 5.05 times.  The covenant test level steps
down to 5.25 times at Sept. 30, 2016.  Moody's believes covenant
compliance will be difficult beyond the second half of 2016 unless
the company can amend its credit agreement.

The negative rating outlook incorporates Moody's concern that Total
Safety's liquidity will be insufficient to meet its capital needs
in 2016 unless it can meaningfully reduce revolver borrowings and
amend financial covenants.

The ratings could be downgraded if Total Safety pursues a debt
restructuring or its liquidity further deteriorates.  The ratings
could be upgraded if liquidity improves such that the revolver is
readily and amply available combined with EBITDA to interest
expense sustained above 1.5 times.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in December 2014.

W3 Co. is a holding company controlling Total Safety U.S., Inc.
(collectively "Total Safety"), a global provider of industrial
safety services and equipment primarily for upstream and downstream
energy, petrochemical, and chemical end markets.  Total Safety is
owned by affiliates of private equity sponsor Warburg Pincus.  For
the twelve months ended March 31, 2016, the company reported
revenues of $385 million.


WEST CORP: Stockholders Elect Three Directors to Board
------------------------------------------------------
At the 2016 Annual Meeting of Stockholders of West Corporation held
on May 17, 2016, the stockholders of the Company:

   (i) elected Laura A. Grattan, Paul R. Garcia and Gregory T.
       Sloma to serve as directors for a three-year term;

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

(iii) on an advisory basis, voted in favor of the compensation of
       the Company's named executive officers; and

  (iv) approved the amendment to the West Corporation 2013
       Employee Stock Purchase Plan.

                      About West Corporation

Omaha, Neb.-based West Corporation is a global provider of
communication and network infrastructure solutions.  West helps
manage or support essential enterprise communications with services
that include conferencing and collaboration, public safety
services, IP communications, interactive services such as automated
notifications, large-scale agent services and telecom services.

West Corporation reported net income of $242 million on $2.28
billion of revenue for the year ended Dec. 31, 2015, compared to
net income of $158 million on $2.21 billion of revenue for the year
ended Dec. 31, 2014.

As of March 31, 2016, West Corp had $3.52 billion in total assets,
$4.05 billion in total liabilities and a total stockholders'
deficit of $536 million.

                          *     *     *

As reported by the TCR on June 21, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on West Corp. to 'BB-'
from 'B+'.  The upgrade reflects Standard & Poor's view that lower
debt leverage and a less aggressive financial policy will
strengthen the company's financial profile.

In the April 4, 2013, edition of the TCR, Moody's Investor Service
upgraded West Corporation's Corporate Family Rating to 'B1' from
'B2'.  "The CFR upgrade to B1 reflects West's shift to a more
conservative capital structure and financial policies as a publicly
owned company," stated Moody's analyst Suzanne Wingo.


WILSON AVE: Wants 90-Day Extension of Exclusive Plan Filing Period
------------------------------------------------------------------
Wilson Ave Management Corp. asks the U.S. Bankruptcy Court for the
Eastern District of New York to extend by 90 days the Debtor's
exclusive periods to file a Chapter 11 plan and to solicit
acceptances of the plan.

A hearing on the request is set for July 7, 2016, at 2:30 p.m.
(ET).

The Debtor's initial 120-day period of exclusivity in which to file
a Chapter 11 plan is set to expire on May 27, 2016, and the
Debtors' additional 60-day period to solicit acceptances of the
plan is set to expire on July 26, 2016.

The Debtor says that the issues it is facing require a lot of time
and attention to resolve.  The Debtor needs more time to continue
resolving its issues with its lender.  In that regard, the Debtor
has been making a good faith effort to resolve those issues, most
notably with the mortgagee.  The Debtor is current on all of its
filing, has established a bar date and is vigorously prosecuting
its Chapter 11 case.  

The Debtor believes that it has worked diligently over the past
three months to foster negotiations in order to work out the
remaining issues with the mortgagee.  The Debtor's request for an
extension of the Exclusive Periods is not a negotiation tactic, but
instead, merely a reflection of the fact that this Chapter 11 case
is not yet ripe for the formulation and confirmation of a viable
plan.  Accordingly, the Debtor submits that cause exists for the
requested extensions and that the entry of the Proposed Order
further increasing the Exclusive Periods is reasonable and in the
best interest of the Debtor and its estate.

Wilson Ave Management Corp. filed for Chapter 11 bankruptcy
protection (Bankr. E.D.N.Y. Case No. 16-40341) on Jan. 28, 2016.
The Debtor is represented by:

      VOGEL BACH & HORN, LLP
      Eric H. Horn, Esq.
      Heike M. Vogel, Esq.
      1441 Broadway, 5th Floor
      New York, New York 10018
      Tel: (212) 242-8350
      Fax: (646) 607-2075
      E-mail: ehorn@vogelbachpc.com
              hvogel@vogelbachpc.com


WINDSOR FINANCIAL: Case Converted to Chapter 7 Liquidation
----------------------------------------------------------
A U.S. bankruptcy judge has ordered the conversion of Windsor
Financial Group LLC's Chapter 11 case to a Chapter 7 liquidation.

Judge Stuart Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York granted the motion of ASICS America
Corp. to convert the company's bankruptcy case to a Chapter 7
proceeding.

Judge Bernstein appointed Deborah Piazza, Esq., a New York-based
bankruptcy lawyer, as interim trustee.  If no one is elected, Ms.
Piazza will serve as Chapter 7 trustee by operation of law.

ASICS had asked for the conversion of the case last month, arguing
it was filed in bad faith.  In its motion, ASICS alleged that
Windsor Financial only filed the case to halt a litigation
involving both companies in a California district court.

ASICS also cited as grounds for the dismissal the alleged gross
mismanagement of Windsor Financial's finances and the continued
diminution of the company's estate.

            About Windsor Financial Group

Windsor Financial Group LLC owned and operated ASICS retail stores
in the United States through a license agreement with ASICS America
Corporation.  It opened 13 ASICS retail stores -- including ASICS's
North American flagship store in Times Square -- expanding ASICS's
brand and presence in the United States.

On June 24, 2015, ASICS terminated Windsor's retail operating
agreement due to breach, including for failure to pay for
merchandise it purchased for resale.

On July 28, 2015, ASICS filed a complaint against Windsor in the
California District Court, Civil Action No. 8:15-cv-01194-JVS-JVM,
for injunctive relief and damages for the Debtor's breach of the
MRA, trademark infringement and unfair competition.  ASICS seeks
damages of no less than $5,753,096.

Windsor Financial Group filed a Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 16-10097) on Jan. 15, 2016, intending to
use the chapter 11 process to sue ASICS for its misconduct and
fraud in the hopes of using those litigation proceeds to provide a
distribution to creditors and equity.

Armando Ruiz, the CEO, signed the bankruptcy petition.

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

Lowenstein Sandler LLP serves as the Debtor's counsel.


ZEKELMAN INDUSTRIES: Moody's Affirms B3 CFR, Outlook Positive
-------------------------------------------------------------
Moody's Investors Service changed Zekelman Industries, Inc.'s
(formerly JMC Steel Group, Inc.) outlook to positive from negative.
At the same time, Moody's affirmed Zekelman's B3 corporate family
rating, B3-PD probability of default rating and the B2 rating on
its senior secured term loan B.  Moody's also assigned a B2 rating
to the company's proposed $371 million incremental term loan and a
Caa2 rating to the proposed $425 million second lien notes.  The
proceeds from the incremental term loan and second lien notes will
be used to redeem the company's existing senior unsecured notes.
The Caa1 rating on the existing senior unsecured notes is unchanged
and will be withdrawn when the refinancing is completed.  JMC Steel
Group, Inc. has changed its legal name to Zekelman Industries,
Inc.

The change in Zekelman Industries rating outlook to positive from
negative reflects the expectation the company will complete its
proposed refinancing and extend its debt maturities.  It also
incorporates the recent significant improvement in its credit
metrics and the expectation they will continue to improve in the
near term.

These ratings were affected in this rating action:

Outlook Actions:

  Changed to positive from negative

Affirmations:

  Corporate family rating, B3;
  Probability of default rating, B3-PD;
  Senior secured term loan B due 2017, B2 (LGD 3)

Assignments:

  Senior secured term loan B due 2021, B2 (LGD 3)
  Second lien notes due 2023, Caa2 (LGD 5)

                         RATINGS RATIONALE

Zekelman Industries B3 corporate family rating reflects the
company's elevated leverage, low interest coverage and inconsistent
free cash flow generation.  The rating also reflects Zekelman's
exposure to the volatile steel sector, which has historically
caused wide variability in its operating performance. The company's
rating favorably considers its leading market position for a number
of structural, pipe and electrical conduit products.  It also
reflects our expectation that its operating performance will
continue to improve in the near term supported by higher product
prices and gradually improving nonresidential construction
activity.  The rating also benefits from the company's adequate
liquidity profile.

Zekelman Industries credit metrics and liquidity have strengthened
considerably in fiscal 2016 (ends September 2016) as the company
has benefitted from improved spreads between steel purchases for
inventory and final product prices, as well as cost cuts and
productivity improvements.  Zekelman Industries has been able to
widen its material spreads during the first half of the fiscal year
as the company and its competitors have focused on improved pricing
discipline and benefitted from selling products produced with low
cost steel inventories during a period of rising finished product
prices.  This is the exact opposite of the situation faced by the
company in fiscal 2015 when it was consuming high priced steel
inventory during a period of declining product prices.  As a
result, Zekelman's operating results have improved dramatically
with adjusted EBITDA of about $132 million during the six months
ended March 2016 versus $64 million during the same period last
year.

Substantial working capital reductions in fiscal 2015 due to the
company's countercyclical working capital needs along with the
recently improved operating performance have enabled it to generate
$176 million of free cash flow over the trailing twelve months
ended March 2016.  The company used that free cash to retire $174
million of debt and that has resulted in substantially improved
credit metrics.  Zekelman's adjusted leverage ratio (debt/EBITDA)
has declined to 5.8x in March 2016 from 8.5x in December 2015 and
its interest coverage ratio (EBIT/Interest Expense) has risen to
1.5x from 0.8x.  These ratios are still a little weak for the
company's rating, but are expected to improve further along with
the company's operating results in the back half of fiscal 2016 as
product prices rise and material spreads remain favorable.

Zekelman Industries has an adequate liquidity profile with a cash
balance of $29 million and borrowing availability of $214 million
as of March 26, 2016.  The company had no borrowings on its $400
million revolver and $8 million of letters of credit issued.  The
senior secured revolving credit facility matures in November 2019
or 90 days prior to Zekelman's nearest debt maturity, which is the
senior secured term loan due on April 1, 2017.  Therefore, the
revolver currently matures on January 1, 2017, but will move out to
November 2019 if the proposed refinancing is completed.  The
company plans to reduce the revolver capacity to $350 million as
part of its refinancing, but should still maintain adequate
liquidity.

The positive outlook reflects our expectation that Zekelman's
operating results and credit metrics will improve materially in the
near term to a level that is somewhat strong for its rating.

Should Zekelman Industries be able to achieve a leverage ratio
below 5.0x, EBIT to interest above 2.0x and free cash flow to debt
(CFO-dividends/debt) above 10% on a sustainable basis, then a
change in rating could be considered.

A downgrade could be considered should Zekelman's operating results
and credit metrics weaken or its liquidity position deteriorates
materially.  Downside triggers would include the leverage ratio
above 6.5x, interest coverage ratio below 1.5x and free cash flow
to debt below 10%.

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

Headquartered in Chicago, Illinois, Zekelman Industries, Inc. (JMC
Steel Group, Inc.) manufactures steel pipe, hollow structural steel
(HSS), electrical conduit and tubular products including oil
country tubular goods (OCTG) at thirteen manufacturing facilities
in the US and Canada.  The company includes the operating divisions
of Atlas Tube, Wheatland Tube, Sharon Tube, Picoma and EnergeX tube
and has leading market positions in key product areas including
hollow structural steel, standard pipe, electrical conduit,
galvanized mechanical tube and fittings.  Its products are sold
principally to steel service centers and plumbing and electrical
distributors.  Revenues for the twelve months ended March 26, 2016
were approximately $1.7 billion.


ZEKELMAN INDUSTRIES: S&P Raises CCR to 'B+', Outlook Stable
-----------------------------------------------------------
S&P Global Ratings said it raised its corporate credit rating on
Chicago-based Zekelman Industries Inc. to 'B+' from 'B'.  The
outlook is stable.

At the same time, S&P affirmed its 'BB-' issue-level rating on the
company's first-lien senior secured term loan due 2021, but revised
S&P's recovery rating on the debt to '2' from '1'.  The '2'
recovery rating indicates S&P's expectation for substantial (70% to
90%; at the lower end of the range) recovery in the event of a
payment default.  S&P also assigned its 'B' issue-level rating and
'5' recovery rating to the company's proposed
$425 million second-lien senior secured notes due 2023.  The '5'
recovery rating indicates S&P's expectation for modest (10% to 30%;
at the lower end of the range) recovery in the event of a payment
default.

"The stable outlook reflects our view that Zekelman Industries'
credit measures will remain highly leveraged over the next 12
months, with adjusted debt to EBITDA between 5.5x and 6x and FFO to
debt below 10%," S&P Global Ratings credit analyst Michael Maggi.
"Our outlook takes into account the company's proposed refinancing,
its strengthening financial results, and our expectation for
continued improvement in the residential and nonresidential
construction markets.  We also expect Zekelman Industries to
continue to benefit from higher steel prices and an overall
stabilizing steel market."

S&P could take a positive rating action on Zekelman Industries if
steel prices stabilized further or maintained their recent rise or
if end market demand (especially in nonresidential construction)
were stronger than S&P projected, resulting in adjusted debt to
EBITDA sustained below 5x or FFO to debt sustained above 12%.

S&P could lower its ratings by one notch if the company's recently
improved operating results were not sustained, leading to adjusted
debt to EBITDA sustained above 8x.  This could occur if demand
slowed in the company's key construction-related end markets and/or
if steel prices headed quickly back down to the lows reached at the
end of last year.  S&P could also take a negative rating action if
the company were unable to maintain its strong liquidity.


ZOHAR CDO 2003: Fund Manager Turns Up Pressure on Creator
---------------------------------------------------------
Peg Brickley, writing for Daily Bankruptcy Review, reported that
pressure is mounting on Lynn Tilton as new managers struggle to
make sense of the $2.5 billion distressed-debt investing operation
she founded.

According to the report, Vice Chancellor Joseph Slights of
Delaware's Court of Chancery said on May 25  that a quick decision
is needed on a request for more information about Ms. Tilton's
operation.

The report related that Alvarez & Marsal, the new manager of the
Zohar funds that Ms. Tilton created and managed for years, says it
needs a court order to force her private-equity firm, Patriarch
Partners, to provide more information about the investments in the
funds to deal with a looming default on $750 million worth of
notes.  Patriarch says it has handed over all the information it is
required to, the report related.

The three Zohar funds are made up of troubled companies' loans as
well as ownership stakes in some of the companies, the report
noted.  Alvarez & Marsal stepped in in March, when Ms. Tilton
stepped away to tend to the portfolio of troubled companies managed
by Patriarch, the report recalled.

There is a need for swift action on the dispute, Judge Slights
said, but he hasn't decided whether that action should come from
Delaware's Court of Chancery, where he sits, or from state court in
New York, where part of the dispute is brewing, the report added.

                      About Zohar CDO 2003-1

Patriarch Partners XV, LLC filed involuntary Chapter 11 bankruptcy
petitions against Zohar CDO 2003-1, Corp., Zohar CDO 2003-1,
Limited and Zohar CDO 2003-1, LLC (Bankr. S.D.N.Y. Case Nos.
15-23681 to 15-23682) on Nov. 22, 2015.

Patriarch Partners disclosed that it has filed, through one of its
affiliates, an involuntary Chapter 11 petition for Zohar CDO
2003-1, Limited.  Patriarch is Zohar I's largest creditor, holding
$286.5 million face amount of Zohar I notes.  Patriarch has placed
Zohar I into Chapter 11 in order to protect Zohar I and Patriarch
from the efforts of MBIA Inc. and MBIA Insurance Corporation,
another creditor of Zohar I, to obtain Zohar I's assets for
itself.

Patriarch claimed it has been forced to pursue this route because
of MBIA's fraudulent scheme to induce Patriarch XV to spend over
$103 million to buy out a third-party noteholder in Zohar-I to
facilitate a restructuring of Zohar-I.

Lynn Tilton is CEO of Patriarch.

Patriarch's restructuring counsel is Skadden, Arps, Slate, Meagher
& Flom LLP and its financial advisor is Moelis & Co.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Michael G. Dombrowski
   Bankr. N.D. Ala. Case No. 16-81412
      Chapter 11 Petition filed May 11, 2016
         Represented by: Tazewell Shepard, Esq.
                         TAZEWELL SHEPARD, P.C.
                         E-mail: taze@ssmattorneys.com

In re Oscar C. Lopez, Sr. and Maria Elena Lopez
   Bankr. D. Ariz. Case No. 16-05277
      Chapter 11 Petition filed May 11, 2016
         Represented by: M. Preston Gardner, Esq.
                         DAVIS MILES MCGUIRE GARDNER PLLC
                         E-mail: pgardner@davismiles.com

In re Melissa Marie Martinez
   Bankr. C.D. Cal. Case No. 16-16195
      Chapter 11 Petition filed May 11, 2016
         Filed Pro Se

In re Floyd Elmer McClung, III
   Bankr. N.D. Cal. Case No. 16-41298
      Chapter 11 Petition filed May 11, 2016
         Represented by: Scott J. Sagaria, Esq.
                         LAW OFFICES OF SCOTT J. SAGARIA
                         E-mail: SagariaBK@sagarialaw.com

In re Waterproofing Unlimited, Inc.
   Bankr. N.D. Fla. Case No. 16-30441
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/flnb16-30441.pdf
         represented by: Teresa M. Dorr, Esq.
                         ZALKIN REVELL, PLLC
                         E-mail: tdorr@zalkinrevell.com

In re Hopewell Holdings, LLC
   Bankr. D. Md. Case No. 16-16452
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/mdb16-16452.pdf
         represented by: Murray O Singerman, Esq.
                         STS TAX LAW
                         E-mail: msingerman@ststaxlaw.com

In re ML Auto Center, LLC
   Bankr. E.D. Mich. Case No. 16-47169
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/mieb16-47169.pdf
         represented by: Peter Steven Halabu, Esq.
                         HALABU LAW GROUP P.C.
                         E-mail: peter@halabu.net

In re Compassionate Care of New Jersey
   Bankr. D.N.J. Case No. 16-19212
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/njb16-19212.pdf
         represented by: James J. Cerbone, Esq.
                         E-mail: cerbonelawfirm@aol.com

In re Salomon Menez and Virginia Menez
   Bankr. D. Nev. Case No. 16-12615
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/nvb16-12615.pdf
         represented by: Michael J. Harker, Esq.
                         LAW OFFICES OF MICHAEL J. HARKER
                         E-mail: notices@harkerlawfirm.com

In re Esteban Beauty Distributor Corp.
   Bankr. D.P.R. Case No. 16-03796
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/prb16-03796.pdf
         represented by: Maria Soledad Lozada Figueroa, Esq.
                         MS LOZADA LAW OFFICE
                         E-mail: msl@lozadalaw.com

In re Esteban Distributor Inc.
   Bankr. D.P.R. Case No. 16-03799
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/prb16-03799.pdf
         represented by: Maria Soledad Lozada Figueroa, Esq.
                         MS LOZADA LAW OFFICE
                         E-mail: msl@lozadalaw.com

In re James Scott Smith and Vicky Diane Smith
   Bankr. W.D. Tenn. Case No. 16-10945
      Chapter 11 Petition filed May 11, 2016
         Represented by: Thomas Harold Strawn, Jr., Esq.
                         STRAWN & EDWARDS, PLLC
                         E-mail: tstrawn42@bellsouth.net

In re Key West Restaurants, Inc.
   Bankr. N.D. Tex. Case No. 16-31932
      Chapter 11 Petition filed May 11, 2016
         See http://bankrupt.com/misc/txnb16-31932.pdf
         represented by: Michael Wiss, Esq.
                         E-mail: mjwiss@hotmail.com

In re Chilson Enterprises, Inc.
   Bankr. C.D. Cal. Case No. 16-14279
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/cacb16-14279.pdf
         represented by: Marjorie M Johnson, Esq.
                         E-mail: mmjesq@yahoo.com

In re 414/420 EQ7, LLC
   Bankr. C.D. Cal. Case No. 16-16303
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/cacb16-16303.pdf
         represented by: Philip D Dapeer, Esq.
                         PHILIP DAOEER, A LAW CORPORATION
                         E-mail: PhilipDapeer@AOL.com

In re Live Well Medical Centers Orlando, LLC
   Bankr. M.D. Fla. Case No. 16-03171
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/flmb16-03171.pdf
         represented by: Thomas C Adam, Esq.
                         ADAM LAW GROUP, P.A.
                         E-mail: tadam@adamlawgroup.com

In re Hallucination Media, LLC
   Bankr. M.D. Fla. Case No. 16-04116
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/flmb16-04116.pdf
         represented by: Leon A. Williamson Jr., Esq.
                         LEON A. WILLIAMSON, JR., P.A.
                         E-mail: leon@lwilliamsonlaw.com

In re Advanced Professional Care, LLC
   Bankr. D. Md. Case No. 16-16539
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/mdb16-16539.pdf
         represented by: Craig Palik, Esq.
                         MCNAMEE HOSEA PA
                         E-mail: cpalik@mhlawyers.com

In re Park Overlook LLC
   Bankr. S.D.N.Y. Case No. 16-11354
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/nysb16-11354.pdf
         represented by: Adrienne Woods, Esq.
                         THE LAW OFFICES OF ADRIENNE WOODS, P.C.
                         E-mail: adrienne@woodslawpc.com

In re Dawn Hotel of NY, LLC
   Bankr. S.D.N.Y. Case No. 16-11355
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/nysb16-11355.pdf
         represented by: Adrienne Woods, Esq.
                         THE LAW OFFICES OF ADRIENNE WOODS, P.C.
                         E-mail: adrienne@woodslawpc.com

In re US Energy Management, Inc.
   Bankr. N.D. Tex. Case No. 16-31941
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/txnb16-31941.pdf
         represented by: Reedy Macque Spigner, Jr., Esq.
                         SPIGNER & ASSOCIATES, PC
                         E-mail: spigner@glocktech.net

In re Champagne Services, LLC
   Bankr. E.D. Va. Case No. 16-11683
      Chapter 11 Petition filed May 12, 2016
         See http://bankrupt.com/misc/vaeb16-11683.pdf
         represented by: Thomas K. Plofchan, Jr., Esq.
                         WESTLAKE LEGAL GROUP
                         E-mail: tplofchan@westlakelegal.com

In re William Hayden Durbin
   Bankr. E.D. Cal. Case No. 16-23120
      Chapter 11 Petition filed May 13, 2016
         Filed Pro Se

In re Lucky # 5409, Inc.
   Bankr. N.D. Ill. Case No. 16-16264
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/ilnb16-16264.pdf
         represented by: Kevin H Morse, Esq.
                         ARNSTEIN & LEHR LLP
                         E-mail: khmorse@arnstein.com

In re Azhar H. Chaudhry
   Bankr. N.D. Ill. Case No. 16-16273
      Chapter 11 Petition filed May 13, 2016
         represented by: Kevin H Morse, Esq.
                         ARNSTEIN & LEHR LLP
                         E-mail: khmorse@arnstein.com

In re Ronald Markt Nay and Sherry L. Nay
   Bankr. S.D. Ind. Case No. 16-90762
      Chapter 11 Petition filed May 13, 2016
         represented by: David M. Cantor, Esq.
                         SEILLER WATERMAN LLC
                         E-mail: cantor@derbycitylaw.com

In re Industrial Surface Applications, Inc.
   Bankr. D. Mass. Case No. 16-11836
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/mab16-11836.pdf
         represented by: Peter J. Haley, Esq.
                         NELSON MULLINS RILEY & SCARBOROUGH LLP
                         E-mail: peter.haley@nelsonmullins.com

In re Alphonso E. Brown Funeral Director, LLC
   Bankr. S.D.N.Y. Case No. 16-22650
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/nysb16-22650.pdf
         represented by: Robert S. Lewis, Esq.
                         E-mail: robert.lewlaw1@gmail.com

In re ELBARDI INTERNATIONAL PLA, LLC
   Bankr. D.P.R. Case No. 16-03844
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/prb16-03844.pdf
         represented by: Luis E Correa Gutierrez, Esq.
                         CORREA BUSINESS CONSULTING GROUP, LLC
                         E-mail: lcorrea@correalawoffice.com

In re ELBARDI INTERNATIONAL PLA C, LLC
   Bankr. D.P.R. Case No. 16-03845
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/prb16-03845.pdf
         represented by: Luis E Correa Gutierrez, Esq.
                         CORREA BUSINESS CONSULTING GROUP, LLC
                         E-mail: lcorrea@correalawoffice.com

In re Michael J. Campbell
   Bankr. D.N.J. Case No. 16-19425
      Chapter 11 Petition filed May 15, 2016
         represented by: Ralph A Ferro, Jr, Esq.
                         RALPH A FERRO, JR, ESQ LAW OFFICES
                         E-mail: ralphferrojr@msn.com

In re Harlow East LLC
   Bankr. E.D.N.Y. Case No. 16-72175
      Chapter 11 Petition filed May 13, 2016
         See http://bankrupt.com/misc/nyeb16-72175.pdf
         represented by: Bradley S. Gross, Esq.
                         LAW OFFICES OF BRADLEY S. GROSS
                         E-mail: bradgross@grosslawpc.com

In re Rhondalyn White
   Bankr. D. Ariz. Case No. 16-05472
      Chapter 11 Petition filed May 16, 2016
         Filed Pro Se

In re N. Kasapmu, Inc.
   Bankr. M.D. Fla. Case No. 16-01837
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/flmb16-01837.pdf
         represented by: Jason A Burgess, Esq.
                         THE LAW OFFICES OF JASON A. BURGESS, LLC
                         E-mail: jason@jasonaburgess.com

In re Smallville Preschool, Inc.
   Bankr. M.D. Fla. Case No. 16-04221
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/flmb16-04221.pdf
         represented by: Richard A Johnston, Jr., Esq.
                         JOHNSTON LAW, PLLC
                         E-mail: richard@richardjohnstonlaw.com

In re Stanley Seok Tae Kim and Lisa Haesung Kim
   Bankr. N.D. Ill. Case No. 16-16500
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/ilnb16-16500.pdf
         represented by: David P Lloyd, Esq.
                         DAVID P. LLOYD, LTD.
                         E-mail: courtdocs@davidlloydlaw.com

In re Barron's Trucking, LLC
   Bankr. W.D. La. Case No. 16-50672
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/lawb16-50672.pdf
         represented by: Rodd C. Richoux, Esq.
                         RICHOUX LAW FIRM, LLC
                         E-mail: ecf@richouxlawfirm.com

In re Laura Elsheimer LLC
   Bankr. D. Mass. Case No. 16-40853
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/mab16-40853.pdf
         represented by: Michael Van Dam, Esq.
                         VAN DAM LAW LLP
                         E-mail: mvandam@vandamlawllp.com

In re Kosmas Nicholas Johns
   Bankr. D. Md. Case No. 16-16670
      Chapter 11 Petition filed May 16, 2016
         Filed Pro Se

In re Avita Artesian Water, LLC
   Bankr. E.D. Mich. Case No. 16-20920
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/mieb16-20920.pdf
         represented by: Donald C. Darnell, Esq.
                         E-mail: dondarnell@darnell-law.com

In re Lucien Sanders Wilkins
   Bankr. E.D.N.C. Case No. 16-02597
      Chapter 11 Petition filed May 16, 2016
         represented by: George M. Oliver, Esq.
                         THE LAW OFFICES OF OLIVER & CHEEK, PLLC
                         E-mail: efile@ofc-law.com

In re Drew Transportation Services, Inc.
   Bankr. E.D.N.C. Case No. 16-02609
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/nceb16-02609.pdf
         represented by: Travis Sasser, Esq.
                         SASSER LAW FIRM
                         E-mail: tsasser@carybankruptcy.com

In re G.A.S. of Eatontown LLC
   Bankr. D.N.J. Case No. 16-19480
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/njb16-19480.pdf
         Filed Pro Se

In re Personal Touch Auto Detailing LLC
   Bankr. S.D.N.Y. Case No. 16-22668
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/nysb16-22668.pdf
         represented by: Matthew M. Cabrera, Esq.
                         M. CABRERA & ASSOCIATES, P.C.
                         E-mail: mcabecf@mcablaw.com

In re Robert S DeLuca and Frances A Berkavich
   Bankr. W.D. Pa. Case No. 16-21856
      Chapter 11 Petition filed May 16, 2016
         represented by: Dennis J. Spyra, Esq.
                         E-mail: attorneyspyra@dennisspyra.com

In re Corwin Place LLC
   Bankr. W.D. Pa. Case No. 16-21861
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/pawb16-21861.pdf
         represented by: Robert O Lampl, Esq.
                         E-mail: rol@lampllaw.com

In re Modesto Reyes Aviles and Norma Lissette
   Bankr. D.P.R. Case No. 16-03909
      Chapter 11 Petition filed May 16, 2016
         represented by: Lyssette A Morales Vidal, Esq.
                         LYSSETE MORALESLAW OFFICE
                         E-mail: lamoraleslawoffice@gmail.com

In re Farmacias Puerto Rico
   Bankr. D.P.R. Case No. 16-03910
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/prb16-03910.pdf
         represented by: Carlos Rodriguez Quesada, Esq.
                         LAW OFFICE OF CARLOS RODRIGUEZ QUESADA
                         E-mail: cerqlaw@gmail.com

In re Voyager Transit, Inc.
   Bankr. N.D. Tex. Case No. 16-41942
      Chapter 11 Petition filed May 16, 2016
         See http://bankrupt.com/misc/txnb16-41942.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS, P.C.
                         E-mail: eric@ealpc.com

In re Upscale Financial LLC
   Bankr. C.D. Cal. Case No. 16-16472
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/cacb16-16472.pdf
         Filed Pro Se

In re Celina Gonzalez De Andrade
   Bankr. C.D. Cal. Case No. 16-16485
      Chapter 11 Petition filed May 17, 2016
         represented by: Matthew D Resnik, Esq.
                         SIMON RESNIK HAYES LLP
                         E-mail: matt@srhlawfirm.com

In re Ali Shenasa
   Bankr. N.D. Cal. Case No. 16-51477
      Chapter 11 Petition filed May 17, 2016
         represented by: David A. Boone, Esq.
                         LAW OFFICES OF DAVID A. BOONE
                         E-mail: ecfdavidboone@aol.com

In re S-Metals FL, LLC
   Bankr. S.D. Fla. Case No. 16-17050
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/flsb16-17050.pdf
         represented by: Joel M. Aresty, Esq.
                         JOEL M. ARESTY P.A.
                         E-mail: aresty@mac.com

In re John E Mayer
   Bankr. N.D. Ill. Case No. 16-16536
      Chapter 11 Petition filed May 17, 2016
         represented by: William E. Jamison, Jr., Esq.
                         E-mail: wjami39246@aol.com

In re Williams Contracting, LLC d/b/a diggpros
   Bankr. W.D.N.C. Case No. 16-30814
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/ncwb16-30814.pdf
         represented by: John C. Woodman, Esq.
                         SODOMA LAW
                         E-mail: jwoodman@sodomalaw.com

In re AmeriCol, Inc.
   Bankr. D.N.J. Case No. 16-19584
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/njb16-19584.pdf
         Filed Pro Se

In re 7424 Fourth Avenue LLC
   Bankr. D.N.J. Case No. 16-19603
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/njb16-19603.pdf
         represented by: Robert M. Rich, Esq.
                         E-mail: rrlaw@aol.com

In re Linden & Associates, PC
   Bankr. D. Nev. Case No. 16-12697
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/nvb16-12697.pdf
         represented by: Ryan J. Works, Esq.
                         MCDONALD CARANO WILSON LLP
                         E-mail: rworks@mcdonaldcarano.com

In re Manuel J Duarte
   Bankr. D. Nev. Case No. 16-12705
      Chapter 11 Petition filed May 17, 2016
         Represented by: Michael J. Harker, Esq.
                         E-mail: notices@harkerlawfirm.com

In re Holy Nazarene Deliverance Ministries, Inc.
   Bankr. E.D.N.Y. Case No. 16-42137
      Chapter 11 Petition filed May 17, 2016
         Filed Pro Se

In re William Barry Bland and Sherrill Ann Robertson-Bland
   Bankr. D.S.C. Case No. 16-02464
      Chapter 11 Petition filed May 17, 2016
         represented by: Robert H. Cooper, Esq.
                         THE COOPER LAW FIRM
                         E-mail:
thecooperlawfirm@thecooperlawfirm.com

In re T&H Plastics, Inc.
   Bankr. S.D. Tex. Case No. 16-32525
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/txsb16-32525.pdf
         represented by: Veronica A. Polnick, Esq.
                         THE POLNICK LAW FIRM, PLLC
                         E-mail: veronica.polnick@polnicklaw.com

In re Tall City Well Service, LP
   Bankr. W.D. Tex. Case No. 16-70079
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/txwb16-70079.pdf
         represented by: Jesse Blanco Jr, Esq.
                         E-mail: jesseblanco@sbcglobal.net

In re J G Solis, Inc.
   Bankr. W.D. Tex. Case No. 16-70080
      Chapter 11 Petition filed May 17, 2016
         See http://bankrupt.com/misc/txwb16-70080.pdf
         represented by: Jesse Blanco Jr, Esq.
                         E-mail: jesseblanco@sbcglobal.net

In re Shane E Powell
   Bankr. D. Ariz. Case No. 16-05611
      Chapter 11 Petition filed May 18, 2016
         represented by: Carlos M. Arboleda, Esq.
                         ARBOLEDA BRECHNER
                         E-mail: arboledac@abfirm.com

In re Pierre Jerrod Elliott
   Bankr. S.D. Fla. Case No. 16-17147
      Chapter 11 Petition filed May 18, 2016
         Filed Pro Se

In re Big Deer Holdings, LLC
   Bankr. D. Nev. Case No. 16-12737
      Chapter 11 Petition filed May 18, 2016
         See http://bankrupt.com/misc/nvb16-12737.pdf
         represented by: Taylor L. Randolph, Esq.
                         RANDOLPH LAW FIRM, P.C.
                         E-mail: tr@randolphlawfirm.com

In re Symphonic Holdings LLC
   Bankr. E.D.N.Y. Case No. 16-72228
      Chapter 11 Petition filed May 18, 2016
         See http://bankrupt.com/misc/nyeb16-72228.pdf
         represented by: Gerard R Luckman, Esq.
                         SILVERMANACAMPORA LLP
                         E-mail: efilings@spallp.com

In re T.C. Music Co., Inc.
   Bankr. E.D.N.Y. Case No. 16-72231
      Chapter 11 Petition filed May 18, 2016
         See http://bankrupt.com/misc/nyeb16-72231.pdf
         represented by: Gerard R Luckman, Esq.
                         SILVERMANACAMPORA LLP
                         E-mail: efilings@spallp.com

In re Claudia Phillips
   Bankr. C.D. Cal. Case No. 16-11496
      Chapter 11 Petition filed May 19, 2016
         represented by: Claudia L Phillips, Esq.
                         E-mail: celpmgp@aol.com

In re Aps-Stellar View, LLC
   Bankr. D. Nev. Case No. 16-12756
      Chapter 11 Petition filed May 19, 2016
         See http://bankrupt.com/misc/nvb16-12756.pdf
         represented by: Keen L Ellsworth, Esq.
                         E-mail: keen@silverstatelaw.com

In re Patrick Canet
   Bankr. D. Nev. Case No. 16-50644
      Chapter 11 Petition filed May 19, 2016
         See http://bankrupt.com/misc/nvb16-50644.pdf
         represented by: Jeffrey L Hartman, Esq.
                         HARTMAN & HARTMAN
                         E-mail: notices@bankruptcyreno.com

In re Worldwide Housing & Development (NA), Inc.
   Bankr. E.D.N.Y. Case No. 16-422222
      Chapter 11 Petition filed May 19, 2016
         See http://bankrupt.com/misc/nyeb16-42222.pdf
         represented by: Vivia L Joseph, Esq.
                         VIVIA L JOSEPH LAW GROUP, P.C.
                         E-mail: vjoseph@att.net

In re Russel John Larson and Julie Ann Larson
   Bankr. D.S.D. Case No. 16-50131
      Chapter 11 Petition filed May 19, 2016
         represented by: Jason R. Ravnsborg, Esq.
                         HARMELINK, FOX & RAVNSBORG
                         E-mail: jrrlaw@midco.net

In re Greater Adelaide Church, a Tennessee Unincorporated
Association
   Bankr. W.D. Tenn. Case No. 16-24693
      Chapter 11 Petition filed May 19, 2016
         See http://bankrupt.com/misc/tnwb16-24693.pdf
         represented by: Toni Campbell Parker, Esq.
                         LAW OFFICE OF TONI CAMPBELL PARKER
                         E-mail: tparker002@att.net


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***