TCR_Public/160607.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, June 7, 2016, Vol. 20, No. 159

                            Headlines

261 EAST 78 LOFTS: Voluntary Chapter 11 Case Summary
ABC DISPOSAL: Committee Taps Jager Smith as Legal Counsel
ABENGOA BIOENERGY: Court Denies Bid to Certify Appeal to 10th Circ.
ABERDEEN MEDICAL: Case Summary & 16 Largest Unsecured Creditors
ACELITY LP: Moody's Retains B3 CFR on Plans to Amend $2.2BB Debt

ADAMIS PHARMACEUTICALS: Stockholders Elect 5 Directors
AEROGROW INTERNATIONAL: Files 2015 Conflict Minerals Report
AFFINITY GAMING: Moody's Raises CFR to B1 & Rates 7-Yr. Loan B1
ALIKE INC: Case Summary & 9 Unsecured Creditors
ALLARCO ENTERTAINMENT: Under CCAA Protection, PwC Named Monitor

ALLIANCE ONE: Moody's Affirms Caa2 CFR & Revises Outlook to Pos.
ALORICA INC: Moody's Assigns B1 CFR, Outlook Stable
AMERICAN COMMERCE: Needs More Time to File Annual Report
AMPLIPHI BIOSCIENCES: Prices Offering of Common Stock & Warrants
APOSTOLIC CHURCH USA: Case Summary & 5 Unsecured Creditors

AQUATIC POOLS: Court Rejects Creditor's $40K Unpaid Wages Claim
ARCH COAL: U.S. Environmental Groups Question Bankruptcy Exit Plan
ATNA RESOURCES: Montana DEQ Seeking Money for Gold Mine Cleanup
AUSTIN HOUSE: July 27 Plan Confirmation Hearing
AVENUE C TENANTS: Hires Robinson Brog as Counsel

BARRETT BUSINESS: NASDAQ Extends Delisting Suspension Stay
BILL JOHNSON: Dismissal of Claims vs. Actuaries, Attys Affirmed
BILLYS ROADHOUSE: Taps Robert Lampl as Attorney
BLACK ELK: GIS Objects to Liquidation Plan Over Value of Properties
BLACK ELK: Inks Deal to Resolve Dispute with Hess Corp.

BM CREW: Court Grants Bank's Request for Copy of Plan
BNOIS SPINKA: Unsecured Creditors to Get 100% Under Plan
BOISE GUN: Wants to Continue Using Two Creditors' Cash Collateral
BON-TON STORES: Agrees to Sell Real Estate Portfolio to UTF
BRAND ENERGY: Bank Debt Trades at 3% Off

BRANTLEY-POWELL: July 12 Plan, Disclosures Hearing
BRUNO HOLDINGS: Hires Elizabeth Haas as Attorney
BUILDERS FIRSTSOURCE: Stockholders Elect Three Directors
CAESARS ENTERTAINMENT: Bank Debt Trades at 5% Off
CAESARS ENTERTAINMENT: May Issue 7.5M Shares Under Incentive Plan

CAESARS ENTERTAINMENT: Restructuring Talks Reach Stalemate
CAESARS ENTERTAINMENT: Showboat Reopening Without Casino
CEC ENTERTAINMENT: Bank Debt Trades at 3% Off
CELERITAS CHEMICALS: Case Summary & 20 Top Unsecured Creditors
CHICORA LIFE CENTER: Hires McCarthy Law Firm as Bankruptcy Counsel

CHIEFTAIN STEEL: Committee Taps Bingham as Local Counsel
CHIEFTAIN STEEL: Committee Taps Fox Rothschild as Legal Counsel
CLAIRE'S STORES: Appoints Michael D'Appolonia as Director
CREATURE LLC: Proposes Replacement Liens for Bank of America
CS MINING: Involuntary Chapter 11 Case Summary

CYTORI THERAPEUTICS: Files 2015 Conflict Minerals Report
CYTORI THERAPEUTICS: Rights Offering Expires June 9
ELBIT IMAGING: Announces First Quarter Results for 2016
ELBIT IMAGING: Board Approves New Notes Buyback Programs
ELBIT IMAGING: Investor Presentation Now Available on Website

EXTREME PLASTICS: Exclusive Plan Filing Period Extended to Aug. 31
FELD LIMITED: Wants Exclusive Plan Filing Deadline Moved to Oct. 3
FIRST DATA: Winslow Capital Files Schedule 13G with SEC
FLORIDA MODIFICATION: Seeks to Hire Sebree as Accountant
FLORIDA MODIFICATION: Taps Merritt Law Office as Legal Counsel

FORTESCUE METALS: Bank Debt Trades at 7% Off
FUTUREWORLD CORP: Turner Stone Expresses Going Concern Doubt
GARRETSON'S MACHINE: Unsecureds to Get 100% Under Plan
GATES GROUP: Bank Debt Trades at 4% Off
GEIGER DEVELOPMENT: Case Summary & 9 Top Unsecured Creditors

GLACIAL MATERIALS: Wants Access to Secured Creditors' Collateral
GOLDEN MARINA: Wants Exclusive Plan Filing Extended to July 3
GREENVIEW BUILDERS: Seeks to Hire Goldstein as Legal Counsel
HARRINGTON MACHINE: U.S. Trustee Unable to Appoint Committee
HCSB FINANCIAL: Appoints John Pietrzak as Director

HCSB FINANCIAL: Minimum Size of Directors Set to Five
HCSB FINANCIAL: Signs Noncompete Agreement with CEO
HERCULES OFFSHORE: Case Summary & 35 Largest Unsecured Creditors
HERCULES OFFSHORE: Files Voluntary Chapter 11 Bankruptcy Petition
HERCULES OFFSHORE: Seeks Joint Administration of Cases

HEXION INC: Sells 50% Interest in HA-International
HILLWINDS FAMILY: Has Continued Access to Avidia Bank's Collateral
IMPLANT SCIENCES: Files 2015 Conflict Minerals Report With SEC
IRON BRIDGE TOOLS: Taps Michael Moecker as Financial Advisor
IVAN GONZALEZ CANCEL: July 22 Disclosure Statement Hearing

J. CREW: Bank Debt Trades at 26% Off
JAMUS CORP: Seeks Conditional OK of Disclosure Statement
JATE IV TRUST: July 12 Disclosure Statement Hearing
JFL VENTURE FUND: Case Summary & 4 Unsecured Creditors
JVJ PHARMACY: Wants Exclusive Plan Filing Deadline Moved to Jan. 6

KINDRED HEALTHCARE: Moody's Retains B1 CFR on Loan Add-On
KINGWOOD FOOD: U.S. Trustee Unable to Appoint Committee
KRISTAL OWENS-GAYLE: Plan Sets Aside $15K for Unsecureds
KTP BUILDERS: Plan Proposes 26.67% Recovery to Unsecured Creditors
L. SCOTT APPAREL: Trustee's Renewed Bid for Default Judgment Denied

LAKE TAHOE PARTNERS: Trustee Taps Bachecki as Accountant
LEN-TRAN INC: Has Until Sept. 12 to File Plan, Disclosures
LIFE PARTNERS: Trustee, Committee Object to Transparency Plan
LIFE PARTNERS: Vida Capital Proposes to Buy New Stock Under Plan
LIFE TIME: Moody's Retains B2 CFR on Loan Add-On

LIMON-IOWA LLC: Voluntary Chapter 11 Case Summary
LIQUID HOLDINGS: Court Grants Bids to Extend Interim Stay Order
MALIBU LIGHTING: Wants Exclusive Plan Filing Extended to Oct. 4
MALLINCKRODT GROUP: Bank Debt Trades at 2% Off
MBB MANAGEMENT: Hires John P. Lewis as Chapter 11 Counsel

MILESTONE SCIENTIFIC: Stockholders Elect Five Directors
MIRAMAR CORPORATION: Taps David A. Riggi as Attorney
MONAKER GROUP: Monaco Insurance Trust Exercises Warrants
NAKED BRAND: Amends Fiscal 2015 Annual Report
NANOSPHERE INC: Files 2015 Conflict Minerals Report

NANOSPHERE INC: MMCAP Int'l Reports 13% Stake as of May 23
NATIONAL CERAMICS: Unsecureds to Recover Up to 5% Under Plan
NAVISTAR INTERNATIONAL: Extends NPA Expiration to May 2017
NOVABAY PHARMACEUTICALS: May Issue 1.1M Add'l Shares Under Plan
OLD TAMPA BAY: Hires Blanchard Law as Attorney

ON QUE: Wants Okay to Use Credit Card Lenders' Cash Collateral
PARADIGM EVERGREEN: Hires NorrisMcLaughlin & Marcus as Attorney
PHOTOMEDEX INC: Terminates Radiancy Merger Agreement
PROSPECT MEDICAL: Moody's Affirms B1 CFR & Rates $650MM Loan Ba3
QUANTUM FUEL: Court Approves $9-Mil. DIP Loan Increase

R&G PROPERTIES: Trustee Awarded $516K Against Republic Bank
REDPRAIRIE CORP: Bank Debt Trades at 5% Off
RESPONSE BIOMEDICAL: Files 2015 Conflict Minerals Report
RICEBRAN TECHNOLOGIES: Presented at See Thru Investor Conference
RIVERSIDE PLAZA: UCF 1 Trust 1 Consents to Cash Collateral Use

ROYAL CAR WASH: July 13 Confirmation Hearing
SASSYFRAS INVESTMENTS: July 27 Hearing on Disclosures, Plan
SEQUOIA VOTING: Taps Dan Brennan as Valuation Expert
SFX ENTERTAINMENT: Vivendi Unit Wins Auction for Ticketing Business
SHOOT THE MOON: Wants Exclusivity Period Extended to July 31

SIMPLY GOURMET: Amends Application to Hire LeClairRyan as Counsel
SKAGIT GARDENS: Lines Up Buyer After Owner Charged with Fraud
SKII LLC: Wants Exclusive Plan Filing Deadline Moved to Sept. 26
SMITH HEALTH CARE: Plan Proposes 100% Recovery to Unsecureds
SNUG HARBOR: Hires Stauffer Edwards as Accountant

SOUTH BUFFALO: Seeks Permission to Finance $138K Insurance Premium
SOUTHCROSS HOLDINGS: Moody's Assigns Caa2 CFR, Outlook Stable
SPORTS AUTHORITY: Court Denies ASICS' Bid for Stay Pending Appeal
STARSHINE ACADEMY: U.S. Trustee Unable to Appoint Committee
STEWART ENVIRONMENTAL: Wants Access to Cash Collateral

STONE ENERGY: To Effect a 1-for-10 Reverse Stock Split
SUTHERLAND HOLDINGS: Taps Blanchard Law as Attorney
TALEN ENERGY: Moody's Puts Ba3 CFR Under Review for Downgrade
TAMPA HYDE PARK: Case Summary & 20 Largest Unsecured Creditors
TELKONET INC: Files 2015 Conflict Minerals Report with SEC

TIBCO SOFTWARE: Bank Debt Trades at 9% Off
TONZOF INC: Plan Confirmation Hearing Set for Aug. 10
TRANSITION THERAPEUTICS: Gets NASDAQ Listing Non-Compliance Notice
TRI-G GROUP: Hires Iron Horse to Auction Quarry Hills Country Club
TRIANGLE PETROLEUM: Forbearance Agreement Expires July 8

TRIANGLE PETROLEUM: Kenneth Hersh Reports 28.1% Equity Stake
TRONOX INC: Bank Debt Trades at 3% Off
UCI HOLDINGS: Bankruptcy Court Approves First-Day Motions
UCI INT'L: Gets Interim Okay to Use ABL Lenders' Cash Collateral
URBANCORP TORONTO: Placed Under CCAA Protection

US FOODS: Moody's Raises CFR to B2, Still on Review for Upgrade
US LBM: Moody's Retains B3 CFR Over $65MM Loan Add-On
USAGM HOLDCO: Moody's Affirms B3 CFR, Outlook Stable
VEGAS MANAGEMENT: Case Summary & 6 Unsecured Creditors
VERSO CORP: David Paterson to Become Board Chair After Ch.11 Exit

VERTELLUS SPECIALTIES: Taps Kurtzman Carson as Claims Agent
WARNER MUSIC: Elects to Redeem Outstanding 13.75% Senior Notes
WARREN RESOURCES: Moody's Lowers PDR to D-PD on Ch. 11 Filing
WILLIAM MATTHEW BLACK: Court Denies Gallinghouse's Bid to Appeal
WKI HOLDING: Moody's Assigns B2 CFR, Outlook Stable

WS STORES: Court Grants Antunez's Request for Copy of Plan
WTB 5 ENTERPRISES: U.S. Trustee Unable to Appoint Committee
[*] Cowen Bags M&A's Boutique Restructuring Bank of the Year Award
[^] Large Companies with Insolvent Balance Sheet

                            *********

261 EAST 78 LOFTS: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: 261 East 78 Lofts LLC
        80 Park Avenue
        New York, NY 10016-2553

Case No.: 16-11644

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: June 3, 2016

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

Judge: Hon. Sean H. Lane

Debtor's Counsel: Ted Donovan, Esq.  
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  1501 Broadway, 22nd Floor
                  New York, NY 10036
                  Tel: (212)-221-5700
                  Fax: 212-422-6836
                  E-mail: TDonovan@GWFGlaw.com

Total Assets: $20.05 million

Total Liabilities: $13.96 million

The petition was signed by Lee Moncho, manager.

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


ABC DISPOSAL: Committee Taps Jager Smith as Legal Counsel
---------------------------------------------------------
The official committee of unsecured creditors of ABC Disposal
Service, Inc. and its affiliates seeks approval from the U.S.
Bankruptcy Court for the District of Massachusetts to hire Jager
Smith P.C. as its legal counsel.

The committee tapped the firm to:

     (a) advise and represent the committee with respect to
         proposals and pleadings submitted by the Debtors and
         others to the court;

     (b) advise the committee about any proposed plan of
         reorganization, proposed substantive consolidations or
         any proposed sales, leases, or uses of estate property;

     (c) attend hearings, draft pleadings and generally advocate
         positions that further the interests of creditors
         represented by the committee;

     (d) conduct an examination of the Debtors' affairs and a
         review of their operations; and

     (e) advise the committee as to the progress of the Debtors'
         bankruptcy cases.

The attorneys presently designated to represent the committee
include Michael Fencer, a partner whose regular hourly rate is
$500, and Jonathan Horne, a senior associate whose regular hourly
rate is $400.

Jager Smith will receive reimbursement for work-related expenses.

Mr. Fencer disclosed in a court filing that the firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Jager Smith can be reached through:

     Michael J. Fencer, Esq.
     Jager Smith P.C.
     One Financial Center
     Boston, MA 02111
     Tel: 617 951 0500
     Fax: 617 951 2414

                       About ABC Disposal

ABC Disposal Service, Inc. provides full service waste hauling,
disposal and recycling services, and sells, rents and services
compaction and baling equipment to a variety of industrial,
institutional, commercial and construction related customers.  

New Bedford Waste owns and operates municipal solid waste and
construction and demolition debris transfer stations in New
Bedford, Sandwich, and Rochester, Massachusetts which transfer and
process residential, commercial, industrial, and institutional and
construction wastes under approved state and local government
permits and licenses.

Solid Waste Services, Inc. is a Massachusetts corporation organized
in 1999 to hold an ownership interest in New Bedford Waste.

Shawmut Associates and A&L Enterprises are Massachusetts limited
liability companies which own and lease real estate to ABC and New
Bedford Waste in connection with their operations.

ZERO Waste Solutions, LLC is a Massachusetts limited liability
company formed in 2013 for the purposes of developing and operating
an advanced mixed waste recycling facility located on Shawmut
Associates' Rochester property to process and market recyclable
material and then turn unrecyclable material into compact, clean
burning, high yield fuel briquettes which have a variety of
industrial uses.

The principals of the Debtors are Laurinda F. Camara and her
children Susan M. Sebastiao, Kenneth J. Camara, Steven A. Camara,
and Michael A. Camara.  Each of the Principals owns 20% of the
stock in ABC.  Each of Susan M. Sebastiao, Kenneth J. Camara,
Steven A. Camara and Michael A. Camara own a 12.5% interest in New
Bedford Waste and a 25% interest in Shawmut Associates, A&L
Enterprises, and Solid Waste Services.  Solid Waste Services owns
the remaining 50% of the membership interests in New Bedford Waste.
New Bedford Waste owns 80% of the membership interests in ZERO
Waste.

ABC Disposal Service, Inc., New Bedford Waste Services, LLC, Solid
Waste Services, Inc., Shawmut Associates, LLC, A&L Enterprises,
LLC, and ZERO Waste Solutions, LLC each filed a voluntary petition
under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass. Case Nos.
16-11787 to 16-11792, respectively) on May 11, 2016.  The petitions
were signed by Michael A. Camara as vice president/CEO.  Judge Joan
N. Feeney presides over the cases.

Murphy & King Professional Corporation serves as the Debtors'
counsel.  Argus Management Corp. serves as their financial
advisor.


ABENGOA BIOENERGY: Court Denies Bid to Certify Appeal to 10th Circ.
-------------------------------------------------------------------
Judge Robert E. Nugent of the United States Bankruptcy Court for
the District of Kanasas denied Abengoa Bioenergy Biomass of Kansas,
LLC's motion to certify a direct appeal of the Transfer Order to
the Tenth Circuit Court of Appeals.

Abengoa Bioenergy Biofuels of Kansas, LLC, seeks to certify its
appeal from an order denying its motion to transfer venue for
direct appeal to the Tenth Circuit Court of Appeals (Transfer
Order). When a bankruptcy court's decision is appealed, 28 U.S.C.
Section 158(d)(2) authorizes one or more parties to the case to
seek an order certifying that appeal directly to the Court of
Appeals. The statute provides that if the bankruptcy court
certifies that one or more of the following factors apply, and if
the Court of Appeals accepts the direct appeal, that court, and not
the Bankruptcy Appellate Panel or the District Court, shall have
jurisdiction of the appeal.

A full-text copy of the Order dated May 26, 2016 is available at
https://is.gd/VoFhrV from Leagle.com.

The bankruptcy case is IN RE: ABENGOA BIOENERGY BIOMASS OF KANSAS,
LLC., Chapter 11, Debtor, Case No. 16-10446 (Bankr. D. Ks.).

Abengoa Bioenergy Biomass of Kansas LLC, Debtor, is represented by
Robert Craig Martin, Esq., Christine L. Schlomann, Esq. --
cschlomann@armstrongteasdale.com -- Armstrong Teasdale LLP.

Brahma Group, Inc., Petitioning Creditor, is represented by W. Rick
Griffin, Esq. -- wrgriffin@martinpringle.com -- Martin Pringle
Oliver Wallace & Bauer, Samantha M. Woods, Esq. --
swoods@martinpringle.com -- Martin Pringle.

CRB Builders LLC, Petitioning Creditor, is represented by Robert M.
Pitkin, Esq. -- rPitkin@hab-law.com -- Horn Aylward & Bandy LLC,
Danne W. Webb.

U.S. Trustee, U.S. Trustee, is represented by Richard A. Wieland,
Office of U. S. Trustee.


ABERDEEN MEDICAL: Case Summary & 16 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Aberdeen Medical Services, Inc.
        528A Fellowship Road
        Mount Laurel, NJ 08054

Case No.: 16-20784

Chapter 11 Petition Date: June 2, 2016

Court: United States Bankruptcy Court
       District of New Jersey (Camden)

Judge: Hon. Jerrold N. Poslusny Jr.

Debtor's Counsel: Ellen M. McDowell, Esq.
                  MCDOWELL POSTERNOCK APELL & DETRICK, PC
                  46 W. Main Street
                  Maple Shade, NJ 08052
                  Tel: (856) 482-5544
                  Fax: (856) 482-5511
                  E-mail: emcdowell@mpadlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Charles I. Tighe, authorized
representative.

A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/njb16-20784.pdf


ACELITY LP: Moody's Retains B3 CFR on Plans to Amend $2.2BB Debt
----------------------------------------------------------------
Acelity L.P. (B3 stable), a maker of wound care and regenerative
medicine products, announced plans to amend and extend $2.2 billion
of senior secured term loan debt.  Moody's commented that the
proposed transaction is modestly credit positive for Acelity by
alleviating some near-term refinancing risk.  However, refinancing
risk is still a key credit constraint because the term loans,
despite the maturity being extended to 2020, will still be subject
to springing maturities if the second lien and unsecured notes are
not refinanced.  If not refinanced, the term loans will mature at a
date prior to the existing 10.5% second lien notes, which are due
Nov. 1, 2018, and the 12.5% unsecured notes, due Nov. 1, 2019.
Further, the majority of Acelity's existing $200 million revolver
expires in November 2017 and will need to be refinanced over the
next 12 months.

There are no changes to any of Acelity's ratings, including the B3
Corporate Family Rating, B3-PD Probability of Default Rating and
Ba3 senior secured rating.  The outlook is stable.


ADAMIS PHARMACEUTICALS: Stockholders Elect 5 Directors
------------------------------------------------------
The annual meeting of stockholders of Adamis Pharmaceuticals
Corporation was held on May 25, 2016, at which the stockholders:

   (1) elected Dennis J. Carlo, Ph.D., William C. Denby, III,
       David J. Marguglio, Robert B. Rothermel and Richard C.
       Williams as directors;

   (2) approved amendments to the Company's 2009 Equity Incentive
       Plan to increase by 4,500,000 shares the number of shares
       authorized for issuance thereunder and to make certain
       other amendments to the Plan as described in the Proxy
       Statement;

   (3) approved an award of 350,000 restricted stock units under
       the Plan to the Company's non-employee directors;

   (4) approved, on a nonbinding advisory basis, the compensation
       of the Company's named executive officers; and

   (5) ratified the selection of Mayer Hoffman McCann PC as
       independent registered public accounting firm for the year
       ending Dec. 31, 2016.

                           About Adamis

San Diego, Calif.-based Adamis Pharmaceuticals Corporation (OTC
QB: ADMP) is a biopharmaceutical company engaged in the
development and commercialization of specialty pharmaceutical and
biotechnology products in the therapeutic areas of respiratory
disease, allergy, oncology and immunology.

Adamis reported a net loss of $13.6 million on $0 of revenue for
the year ended Dec. 31, 2015, compared to a net loss of $9.31
million on $0 of revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, Adamis had $12.7 million in total assets,
$3.96 million in total liabilities and $8.69 million in total
stockholders' equity.

Mayer Hoffman McCann P.C., in San Diego, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred recurring losses from operations, and is
dependent on additional financing to fund operations.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern, the auditors noted.


AEROGROW INTERNATIONAL: Files 2015 Conflict Minerals Report
-----------------------------------------------------------
AeroGrow International, Inc., has determined that tantalum, tin,
tungsten and gold, collectively "Conflict Minerals," are necessary
to the functionality or production of its products.  In 2015,
AeroGrow International, Inc. contracted for the manufacture of
products containing Conflict Minerals but did not directly
manufacture products containing Conflict Minerals.

"We undertook due diligence measures, including surveying our
direct suppliers via an industry-standard survey template for
conflict minerals, to try to determine the sources of these
minerals, which we purchase through a complex supply chain.

"Currently, we do not have sufficient information from our
suppliers or other sources to determine the country of origin of
the conflict minerals used in our products or identify the
facilities used to process those conflict minerals.  Therefore, we
cannot exclude the possibility that some of these conflict minerals
may have originated in the Democratic Republic of the Congo or an
adjoining country and are not from recycled or scrap sources.
However, we believe we have exercised the due diligence efforts
necessary to understand our supply chain."

AeroGrow International has filed a copy of its Conflict Minerals
Report which is available for free at https://is.gd/nYG9ru

                         About AeroGrow
  
Boulder, Colo.-based AeroGrow International, Inc., is a developer,
marketer, direct-seller, and wholesaler of advanced indoor garden
systems designed for consumer use and priced to appeal to the
gardening, cooking, and healthy eating, and home and office decor
markets.

AeroGrow reported a net loss attributable to common shareholders of
$1.5 million on $17.9 million of net revenue for the year ended
March 31, 2015, compared with a net loss attributable to common
shareholders of $4.1 million on $9.3 million of of net revenue for
the year ended March 31, 2014.

As of Dec. 31, 2015, the Company had $15.04 million in total
assets, $12.5 million in total liabilities, all current, and $2.58
million in total stockholders' equity


AFFINITY GAMING: Moody's Raises CFR to B1 & Rates 7-Yr. Loan B1
---------------------------------------------------------------
Moody's Investors Service upgraded Affinity Gaming Corporation's
Corporate Family rating to B1 and affirmed the Probability of
Default rating at B2-PD.  Moody's assigned a B1 rating to
Affinity's proposed 7 year senior secured term loan and 5 year
revolving credit facilities.  The proceeds will be used to
refinance all of Affinity's existing debt obligations.  Moody's
affirmed the company's existing ratings all of which will be
withdrawn upon closing of the proposed refinancing.  The new
ratings are subject to review of final terms and conditions.

The rating upgrades reflect the expected improvement in leverage
and coverage metrics as a result of the refinancing and rising
profitability, said Moody's analyst, Peggy Holloway.  Affinity will
use approximately $93 million of excess cash to reduce absolute
debt levels resulting in a pro-forma reduction of adjusted
debt/EBITDA to about 4.9 times (as of LTM 3/31/2016) from 6.2 times
at year-end 2015.  Additionally, the refinance will extend
maturities and result in a significant reduction in interest
expense as a result of lower debt levels and lower cost debt.
Affinity will call its $200 million 9% bonds which will be replaced
with a lower cost bank term loan.  Moody's estimates EBITDA
coverage of cash interest will rise from 2.4 times to about 4.4
times.

Ratings Upgraded:
  Corporate Family Rating to B1 from B2

Ratings Assigned:
  Senior secured guaranteed Term Loan B at B1 (LGD3)
  Senior secured guaranteed Revolver at B1 (LGD3)

Ratings Affirmed:
  Probability of Default Rating at B2-PD
  Speculative Grade Liquidity (SGL), at SGL-2

Outlook remains Stable
  Ratings Affirmed and to be withdrawn:
  Senior secured guaranteed Revolver at Ba2 (LGD1)
  Senior secured guaranteed Term Loan B at Ba3 (LGD2)
  Senior Unsecured Notes at Caa1 (LGD5)

                         RATING RATIONALE

Affinity's B1 Corporate Family Rating reflects the company's
reasonable leverage for the rating category, solid interest
coverage and Moody's expectation Affinity will generate free cash
flow Moody's estimates adjusted debt/EBITDA will decline to between
4.0 -- 4.5 times depending upon how much free cash flow is applied
to prepay debt over and above the mandatory 1% annual amortization
and excess cash flow sweep.  The ratings consider the company's
geographic diversification with eleven casino properties across
four states with the largest property EBITDA concentration in
Nevada (48%) and rising EBITDA margins.  Moody's expects continued
margin improvement on modest revenue growth as management executes
its plan to continue improving customer profitability and more
actively manage its customer database.

The ratings also consider the below average profitability of the
Nevada properties and Moody's view that additional planned capital
investment will support management's efforts to improve property
margins in Nevada.  Additionally, the company is owned by private
equity sponsors, and so financial policy which to date has been
creditor friendly, could become more aggressive over time if owners
seek equity returns with Affinity's excess cash flow.  The new
credit facility will allow for restricted payments subject to a
maximum first lien debt to EBITDA test.

The rating outlook is stable reflecting improving economic
conditions and modest growth in gaming revenues across the
company's key markets and Moody's view that credit metrics will
improve modestly from pro-forma levels.  A rating upgrade is not
likely given the company's small scale in terms of revenues as well
as a concern that financial policy could become more aggressive
should financial sponsor seek equity returns.  However, an upgrade
could be considered if margins in the Nevada segment reach 20% and
debt/EBITDA declines below 4.0 times.

Ratings could be downgraded if operating trends in the company's
key markets show signs of sustained deterioration, if debt/EBITDA
increases above 5.25 times, or if liquidity weakens materially.

Affinity Gaming Corporation owns and operates casinos in Nevada,
Missouri, Iowa and Colorado.  Net revenue for the latest 12-month
period ended March 31, 2016, was $392 million.  Affinity is owned
by Z Capital Partners LLC (about 40%), Silver Point Capital IP
(about 26%) and the balance by other institutional investors.

The principal methodology used in these ratings was Global Gaming
Industry published in June 2014.


ALIKE INC: Case Summary & 9 Unsecured Creditors
-----------------------------------------------
Debtor: Alike, Inc.
        2860 E Ledbetter Dr.
        Dallas, TX 75216

Case No.: 16-32174

Chapter 11 Petition Date: June 2, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Harlin DeWayne Hale

Debtor's Counsel: Eric A. Liepins, Esq.
                  ERIC A. LIEPINS, P.C.
                  12770 Coit Rd., Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  E-mail: eric@ealpc.com

Total Assets: $2.51 million

Total Liabilities: $1.75 million

The petition was signed by Gregory Achilike, president.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb16-32174.pdf


ALLARCO ENTERTAINMENT: Under CCAA Protection, PwC Named Monitor
---------------------------------------------------------------
Allarco Entertainment 2008 Inc. et al. sought and obtained from the
Court of Queen's Bench of Alberta, Edmonton Division, an initial
order pursuant to the Companies' Creditors Arrangement Act, under
Court file No. 1603-09338.

Under the initial order, PricewaterhouseCoopers Inc. was appointed
as monitor for the Companies.

A copy of the initial order is available on the monitor's website
at http://www.pwc.com/ca/allarco.

The monitor can be reached at:

   PricewaterhouseCoopers Inc.
   Suite 1501, 10088 - 102 Avenue
   Edmonton, AB T5J 3N5
   Attention, Joanne Rousseau
   Tel: +1 780 441 6781

Allarco Entertainment 2008 Inc. -- http://www.allarco.ca-- is the
general partner of Allarco Entertainment LP.  The company is an
Edmonton-based media company that owns and operates Super Channel,
a national Canadian English pay television network, consisting of
four HD channels, four SD channels, and Super Channel On Demand.


ALLIANCE ONE: Moody's Affirms Caa2 CFR & Revises Outlook to Pos.
----------------------------------------------------------------
Moody's Investors Service affirmed Alliance One International,
Inc.'s Caa2 Corporate Family Rating and revised the rating outlook
to positive from negative.  The positive outlook reflects Moody's
expectation that the company will refinance its revolving credit
facility, leverage will decline slowly from its very high level,
and that liquidity will modestly improve.  Moody's believes the
company has a better chance of successfully refinancing its
revolving credit facility now that it has resolved accounting
discrepancies related to is Kenyan subsidiary, restated past
financial statements, and filed past due financial statements.

Ratings affirmed:

   -- Corporate Family Rating at Caa2
   -- Probability of Default Rating at Caa2-PD
   -- Speculative Grade Liquidity Rating at SGL-4
   -- $210 million senior secured revolving credit facility
      expiring April 2017 at B1 (LGD 1)
   -- $708 million of 9.875% senior secured second lien notes due
      2021 at Caa3 (LGD 5)

The ratings outlook is positive.

                        RATINGS RATIONALE

Alliance One's Caa2 Corporate Family Rating reflects Moody's
expectation that credit metrics and liquidity will remain weak over
the next 12 to 18 months.  Moody's expects debt to EBITDA to remain
very high, fluctuating seasonally between 8.0 and 10.0 times
(including Moody's standard adjustments).  Moody's is concerned
that maintenance of such high financial leverage will make Alliance
One's capital structure unsustainable long term. However the Rating
Agency recognizes the probability of slow leverage reduction in the
years ahead, which would reduce financial risk.  The rating also
reflects the mature, low margin nature of the leaf tobacco
processing business.  The rating is supported by Alliance One's
strong market position, its established relationships with key
tobacco manufacturing customers, and its global procurement and
processing network.

Ratings could be downgraded if the company's liquidity profile
deteriorates, or if for any reason Moody's concerns about the
sustainability of the company's capital structure increases.

Ratings could be upgraded if Alliance One successfully refinances
its revolving credit facility, reduces its very high financial
leverage, improves its liquidity profile, and hence improves the
sustainability of its capital structure.

Headquartered in Morrisville, North Carolina, Alliance One
International, Inc. is one of the world's leading tobacco
processors and merchants.  Its principal products include
flue-cured, burley, and oriental tobaccos, which are major
ingredients in cigarettes.  Revenue for the twelve months ended
Dec. 31, 2015, was approximately $1.9 billion.

The principal methodology used in these ratings was Global Protein
and Agriculture Industry published in May 2013.


ALORICA INC: Moody's Assigns B1 CFR, Outlook Stable
---------------------------------------------------
Moody's Investors Service assigned a first time corporate family
rating of B1 and B1-PD probability of default rating to Alorica,
Inc.  Moody's also assigned B1 ratings to the company's senior
secured first lien i) revolver, ii) term loan A ("TLA") and iii)
term loan B ("TLB").  The ratings outlook is stable.

Alorica, Inc. has entered into a definitive agreement to acquire
Expert Global Solutions, Inc. ("EGS"), which subject to regulatory
approval is expected to close in the third quarter of 2016. Moody's
currently rates EGS B3 (negative outlook), but will withdraw this
rating upon closing the transaction.  The combined entity will
create the third largest (by revenues) US based
business-process-outsourcing ("BPO") firm.

The proceeds from approximately i) a $445 million TLA (comprised of
a $175 million tack-on to Alorica's existing $270 million TLA), ii)
a new $450 million TLB and iii) cash from the balance sheet will be
used to i) refinance all of EGS's existing debt (except for some
capital leases), ii) pay off about $29 million of Alorica's
revolver, iii) provide equity distributions to Alorica's and EGS's
management and owners and iv) pay transaction costs.  At closing,
Alorica's shareholders will own about 63% of the pro forma equity
and One Equity Partners and their affiliate shareholders will own
the remaining 37%.

                         RATINGS RATIONALE

Alorica is positioned in the B1 corporate family rating ("CFR")
category given the integration risk associated with combining two
large entities (each with over a billion dollars in revenues), this
on the heels of another large acquisition Alorica recently closed
in March 2015 when they acquired West AS (with revenues of about
$600 million per annum, doubling Alorica's revenues to about $1.2
billion).  Also, there is overall modest revenue growth expected
(low single digit percentage), they operate in a highly competitive
industry with somewhat low barriers to entry and low operating
margins (low single digit percentage), and have some customer
concentration risk (with their top 10 customers representing about
48% of revenues).

The B1 rating is supported by modest leverage (about 3.6x at LTM
March 31, 2016, including Moody's standard adjustments but no
synergies or about 3.0x including run rate synergies and costs to
achieve those synergies), good free cash flow ("FCF") generation, a
leading industry position (top three US BPO provider), favorable
macro industry dynamics with a large addressable market in the near
to medium term, serve diversified verticals (with communications
being the largest, at about 28% of revenues, and healthcare &
insurance the second largest, at about 18% of revenues), and have
long standing customer relations, which provides some stickiness to
revenues.

Liquidity is adequate based on a modest cash balance of about $15
million and about $34 million drawn on the $225 million first lien
revolver at closing.  For 2016, Moody's expects FCF to be good and
significant availability under the revolver.  Moody's anticipates
adequate cushion under the financial covenants of the first lien
credit facilities.  The first lien TLA is anticipated to amortize
per annum between 11% and 17% (subject to timing) for the existing
TLA and 5% to 10% (subject to timing) for the incremental TLA, with
a bullet due at maturity March 3, 2020.  The second lien TLB is
anticipated to amortize approximately 1% per annum, with a bullet
due at maturity about 6 years from closing.  The revolver also
matures on March 3, 2020.

The stable outlook reflects Moody's expectation of low single digit
percentage revenue growth YoY, EBITDA margins (on a Moody's
adjusted basis) in the mid teen percentages and FCF to debt in the
high single digits in 2016.

The ratings could be upgraded, although unlikely in the near future
given such a large integration, if:

  The integration proceeds smoothly, including realizing expected
   synergies;
  the company demonstrates high single digit organic revenue
   growth;
  leverage is sustained below 3x;
  interest coverage is sustained above 4x;
  demonstrates strong liquidity; and
  commitment to conservative financial policies.

The ratings could be downgraded if:

  Liquidity materially weakens; or
  performance deteriorates materially, as a result of competitive
   pressures or integration challenges, such that i) leverage
   reaches and is sustained at 4.5x or ii) interest coverage is
   below 2x.

These ratings were assigned:

Issuer: Alorica, Inc.
  Corporate Family Rating, Assigned B1
  Probability of Default Rating, Assigned B1-PD
  Senior Secured First Lien Revolving Credit Facility, Assigned B1

   (LGD3)
  Senior Secured First Lien Term Loan A, Assigned B1 (LGD3)
  Senior Secured First Lien Term Loan B, Assigned B1 (LGD3)
  Outlook – Stable

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

Alorica, Inc., headquartered in Irvine, CA, has entered into a
definitive agreement to acquire Expert Global Solutions, Inc.
("EGS").  The combined entity will create the third largest (by
revenues) US based business-process-outsourcing ("BPO") firm, with
pro forma LTM revenues of about $2.3 billion.  Focus will primarily
be on the US market, with a complementary Philippines delivery
platform and a limited Latin America presence.  At closing,
Alorica's shareholders will own about 63% of the pro forma equity
and One Equity Partners and their affiliate shareholders will own
the remaining 37%.


AMERICAN COMMERCE: Needs More Time to File Annual Report
--------------------------------------------------------
American Commerce Solutions, Inc., notified the U.S. Securities and
Exchange Commission there will be a delay in filing the Company's
annual report on Form 10-K for the year ended Feb. 29, 2016,
because the Company needs additional time to complete the report.

                     About American Commerce

American Commerce Solutions, Inc., headquartered in Bartow,
Florida, is primarily a holding company with one wholly owned
subsidiary; International Machine and Welding, Inc., is engaged in
the machining and fabrication of parts used in heavy industry, and
parts sales and service for heavy construction equipment.

American Commerce reported a net loss of $130,000 for the year
ended Feb. 28, 2015, compared to a net loss of $169,000 for the
year ended Feb. 28, 2014.  As of Nov. 30, 2015, the Company had
$4.77 million in total assets, $3.20 million in total liabilities
and $1.56 million in total stockholders' equity.

Messineo & Co., CPAs LLC, in Clearwater, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Feb. 28, 2015, citing that the Company has recurring
losses resulting in an accumulated deficit and is in default of
several notes payable.  These conditions raise substantial doubt
about its ability to continue as a going concern.


AMPLIPHI BIOSCIENCES: Prices Offering of Common Stock & Warrants
----------------------------------------------------------------
AmpliPhi Biosciences Corporation announced the pricing of a
registered direct offering of 2,127,660 shares of common stock and
warrants to purchase up to an aggregate of 1,063,830 shares of
common stock.  Each share of common stock is being sold together
with a warrant to purchase one-half of a share of common stock of
AmpliPhi at a combined purchase price of $2.35.  The warrants will
be immediately exercisable at a price of $2.25 per full share of
common stock for a period of five years from closing, which is
expected to occur on June 3, 2016.

Roth Capital Partners and Griffin Securities, Inc. acted as
co-placement agents for the offering.

AmpliPhi expects to receive net proceeds of approximately $4.5
million after deducting placement agent fees and estimated offering
expenses payable by AmpliPhi.  The offering is expected to close on
or about June 3, 2016, subject to customary closing conditions.

AmpliPhi intends to use the net proceeds from the offering for
general corporate purposes.

Additional information is available for free at:

                     https://is.gd/XNMIUD

                         About AmpliPhi

AmpliPhi Biosciences Corp. is a biopharmaceutical company that
develops bacteriophage-based therapeutics.  It also develops an
internally generated pipeline of naturally occurring viruses
called bacteriophage (Phage) for the treatment of bacterial
infection, such as drug-resistant strains of bacteria that are
commonly found in the hospital setting.  The company's Phage
discovery also focuses on acute & chronic lung, sinus and
gastrointestinal infections.  AmpliPhi Biosciences was founded in
March 1989 and is headquartered in Glen Allen, Virginia.

Ampliphi Biosciences reported a net loss attributable to common
stockholders of $10.79 million on $475,000 of revenue for the year
ended Dec. 31, 2015, compared to net income attributable to common
stockholders of $21.8 million on $409,000 of revenue for the year
ended Dec. 31, 2014.

As of March 31, 2016, AmpliPhi had $28.26 million in total assets,
$5.74 million in total liabilities, $13.61 million in series B
redeemable convertible preferred stock and total stockholders'
equity of $8.89 million.

Ernst & Young LLP, in Richmond, Virginia, issued a "going concern"
qualification on the Company's consolidated financial statements
for the year ended Dec. 31, 2015, citing that the Company has
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.


APOSTOLIC CHURCH USA: Case Summary & 5 Unsecured Creditors
----------------------------------------------------------
Debtor: The Apostolic Church USA, Inc.
        1623 West Parmer Lane
        Austin, TX 78727

Case No.: 16-10660

Chapter 11 Petition Date: June 3, 2016

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Hon. Christopher H. Mott

Debtor's Counsel: Stephen W. Sather, Esq.
                  BARRON & NEWBURGER, P.C.
                  1212 Guadalupe, Suite 104
                  Austin, TX 78701
                  Tel: (512) 476-9103 Ext. 220
                  Fax: (512) 476-9253
                  E-mail: ssather@bn-lawyers.com

Total Assets: $4,000

Total Liabilities: $2.64 million

The petition was signed by Femi Onabajo, president.

A list of the Debtor's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/txwb16-10660.pdf


AQUATIC POOLS: Court Rejects Creditor's $40K Unpaid Wages Claim
---------------------------------------------------------------
Judge David T. Thuma of the United States Bankruptcy Court for the
District of New Mexico granted Aquatic Pools, Inc.'s motion for
partial summary judgment on its objection to the claim of creditor
Carol Ann Sanchez.

Creditor's claim is not entitled to priority status under Section
507(a)(4) because the debt arose more than 180 days pre-petition,
Judge Thuma held.

Creditor performed accounting and related services for the Debtor
between about June and October 2014. Because of a dispute over
reimbursement of Creditor's expenses, her services terminated no
later than November 1, 2014. Creditor performed no services for the
Debtor after that date. Creditor asserts any wages or contract
proceeds were to be paid no later than January 2015. A dispute
exists about the timing of the payment due date. Creditor's
assertion appeared in her affidavit, but not in any statement of
undisputed facts. Further, as Debtor points out in its reply, "no
later than January 2015" could mean the wages or contract proceeds
were payable as early as November 2014, outside the 180 day
period.

Debtor filed a voluntary Chapter 11 petition on May 28, 2015, 208
days after Creditor's termination. On December 1, 2015, Creditor
filed a proof of claim in the amount of $40,000. The stated basis
of the claim was "unpaid wages." Creditor claimed that the entire
$40,000 was entitled to priority under Section 507(a)(4).

A full-text copy of the Memorandum Opinion dated May 27, 2016 is
available at https://is.gd/Khnuyj from Leagle.com.

The bankruptcy case is In re: AQUATIC POOLS, INC., Debtor, No.
15-11406 t11.

Aquatic Pools, Inc. a New Mexico corporation, Debtor, is
represented by William F. Davis, Esq., Nephi D. Hardman, Esq. --
William F. Davis & Assoc., P.C..

United States Trustee, U.S. Trustee, is represented by Leonard K.
Martinez-Metzgar.


ARCH COAL: U.S. Environmental Groups Question Bankruptcy Exit Plan
------------------------------------------------------------------
The American Bankruptcy Institute citing Tracy Rucinski of Reuters
reported that a coalition of U.S. environmental groups said Arch
Coal's plan to emerge from bankruptcy fails to describe how the
coal producer would finance its mine clean-up obligations,
according to a court filing.

According to Reuters, coal companies are required to provide bonds
on future clean-up costs but during decades of strength in the coal
sector many were allowed to self-bond, a federal program that
accepted companies' own balance sheets as collateral.

That has become a concern since Chapter 11 bankruptcy filings by
some of the biggest coal companies in the United States, the report
noted.  The self-bond program is now under federal review, the
report said.

"Given the strong possibility of (self-bonding) privileges being
curtailed, it is highly likely that (Arch Coal) will be required to
incur substantial expense" in finding a substitute for self-bonds,
an environmental collective said in a limited objection filed with
the U.S Bankruptcy Court in St. Louis on June 2, the report
related.

In states where regulators do not allow self-bonding, mining
companies have to pay for a form of insurance known as a surety or
collateral bond, the report said.

In their filing, the groups also requested clearer language
regarding environmental liabilities on mining operations in Arch's
disclosure statement, which describes the bankruptcy plan, the
report added.

The plan should not "relieve the responsibility" of a future owner
or operator from complying with federal laws on cleaning waters or
restoring mined land, the coalition formed by Sierra Club, Ohio
Valley Environmental Coalition and West Virginia Highlands
Conservancy said, the report further related.

                        About Arch Coal

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

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

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

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

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


ATNA RESOURCES: Montana DEQ Seeking Money for Gold Mine Cleanup
---------------------------------------------------------------
Daily Bankruptcy Review, citing The Associated Press, reported that
the Montana Department of Environmental Quality is asking a
bankruptcy court to set aside more than $6 million from the owner
of a Fergus County gold mine to ensure treatment of polluted water
after the state said it does not have enough cash for the cleanup
effort.

According to the report, Colorado-based Atna Resources Inc. and six
affiliates -- Atna Resources Ltd., Canyon Resources Corp., CR
Briggs Corp., CR Kendall Corp., CR Montana Corp. and Horizon
Wyoming Uranium Inc. -- filed for bankruptcy protection in Colorado
in 2015.

The CR Kendall Mine is an open pit gold mine that closed in 1997,
the report related.  Mines are required to provide a bond for
cleanup, but Montana officials say they need more money from the
bankruptcy court to cover cleanup costs, the report said.

The department filed the latest claim with the court against CR
Kendall Corp. in May as part of Atna's bankruptcy protection
proceedings, the report further related.

The department is requiring a long-term water management and
treatment for 10 to 40 years for the removal of thallium and
arsenic, beginning this year, the report added.

            About Atna Resources

Headquartered in Lakewood, Colorado, Atna Resources Ltd. --
http://www.atna.com/-- is engaged in all phases of the mining  
business, including exploration, preparation of pre-feasibility
and
feasibility studies, permitting, construction and development,
operation and final closure of mining properties.

The Company owns or controls various properties with gold
resources.  The Company's production property includes Briggs Mine
California and Pinson Mine Property, Nevada.  The Company's
development properties include Mag Pit at Pinson; Columbia
Project,
Montana and Briggs Satellite Projects, California.  Its
exploration
properties include Sand Creek Uranium Joint Arrangement, Wyoming;
Blue Bird Prospect, Montana and Canadian Properties, Yukon and
British Columbia.  Its Closure Property is Kendall, Montana.  The
Briggs mine is located on approximately 156 unpatented claims,
including approximately 15 mill site claims, covering over 2,890
acres.  The Company's Pinson Mine Property is located in Humboldt
County, Nevada, over 30 miles east of Winnemucca.

Atna Resources, Inc. and its direct and indirect subsidiaries
filed
Chapter 11 bankruptcy petitions (Bankr. D. Colo. Proposed Lead
Case
No. 15-22848) on Nov. 18, 2015.  The petitions were signed by
Rodney D. Gloss as vice president & chief financial officer.   

Atna also sought ancillary relief in Canada pursuant to the
Companies' Creditors Arrangement Act in the Supreme Court of
British Columbia in Vancouver, Canada.

In its Chapter 11 petition, Atna estimated assets in the range of
$10 million to $50 million and liabilities of $50 million to $100
million.  

Squire Patton Boggs (US) LLP serves as counsel to the Debtors.

On Dec. 14, 2015, the Office of the United States Trustee for the
District of Colorado appointed a statutory committee of unsecured
creditors in the Chapter 11 Cases.  The Committee tapped Onsager
Guyerson Fletcher Johnson as attorneys.


AUSTIN HOUSE: July 27 Plan Confirmation Hearing
-----------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
conditionally approved the disclosure statement filed by Jonathan
A. Semach for The Austin House Property, LLC, and scheduled a
hearing on confirmation of the Plan -- including timely filed
objections to confirmation, objections to the Disclosure Statement,
motions for cramdown, applications for compensation, and motions
for allowance of administrative claims -- on July 27, 2016 at 9:30
a.m.

Parties must submit their written ballots accepting or rejecting
the Plan no later than eight days before the Confirmation Hearing.
Objections to confirmation must be filed no later than seven days
before the date of the Confirmation Hearing.

The Austin House Property, LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-01443) on
February 24, 2016. The Debtor is represented by Buddy D. Ford,
Esq., at Buddy D. Ford, PA.

The Troubled Company Reporter, on April 20, 2016, reported that 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 The Austin House Property, LLC.


AVENUE C TENANTS: Hires Robinson Brog as Counsel
------------------------------------------------
Avenue C Tenants HDFC seeks authorization from the Hon. Stuart M.
Bernstein of the U.S. Bankruptcy Court for the Southern District of
New York to employ Robinson Brog Leinwand Greene Genovese & Gluck
P.C. as counsel, effective April 29, 2016.

The Debtor requires Robinson Brog to:

   (a) provide advice to the Debtor with respect to its powers and
       duties under the Bankruptcy Code in the continued operation

       of its business and the management of its property;

   (b) negotiate with creditors of the Debtor, preparing a plan of
       reorganization and taking the necessary legal steps to
       consummate a plan, including, if necessary, negotiations
       with respect to financing a plan;

   (c) appear before the various taxing authorities to work out
       a plan to pay taxes owing in installments;

   (d) prepare on the Debtor's behalf necessary applications,    
       motions, answers, replies, discovery requests, forms of
       orders, reports and other pleadings and legal documents;

   (e) appear before this Court to protect the interests of the
       Debtor and its estate, and representing the Debtor in all
       matters pending before this Court;

   (f) perform all other legal services for the Debtor that may
       be necessary herein; and

   (g) assist the Debtor in connection with all aspects of this
       chapter 11 case.

Robinson Brog will be paid at these hourly rates:

       Shareholders              $450-$665
       Associates                $365-$465
       Paralegals                $175-$300

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

Robinson Brog performed services on the Debtor's behalf in
connection with the preparation of the bankruptcy filing and billed
the Debtor prepetition for such services in the amount of $1,663.93
and drew down against the $10,000 received. Accordingly, Robinson
Brog now holds a retainer in the amount of $8,336.07 as of the
Petition Date.

A. Mitchell Greene, shareholder of Robinson Brogg, 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.

Robinson Brogg can be reached at:

       A. Mitchell Greene, Esq.
       ROBINSON BROG LEINWAND GREENE
       GENOVESE & GLUCK P.C.
       875 Third Avenue
       New York, NY 10022

Avenue C Tenants HDFC, based in New York, filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 16-11209) on April 29, 2016.
The Hon. Stuart M. Bernstein presides over the case.  Arnold
Mitchell Greene, Esq., at ROBINSON BROG LEINWAND GREENE GENOVESE &
GLUCK, P.C., serves as counsel to the Debtor.  In its petition, the
Debtor listed total assets of $2.04 million and total liabilities
of $1.28 million.  The petition was signed by Herman Hewitt, senior
vice president.


BARRETT BUSINESS: NASDAQ Extends Delisting Suspension Stay
----------------------------------------------------------
Barrett Business Services, Inc. (BBSI or the Company), a provider
of business management solutions, has been granted an extension of
its stay of suspension from the NASDAQ Stock Market.

NASDAQ has extended the stay of delisting until the NASDAQ Hearings
Panel issues its final decision after the Company's hearing with
the panel on June 16, 2016.  The panel is expected to issue a final
decision on BBSI's listing status soon thereafter.

"We continue to make progress in getting our first quarter 2016
10-Q ready for filing," said Mike Elich, BBSI's president and CEO.
"We look forward to discussing the results of our first quarter in
the coming weeks."

                           About BBSI

BBSI -- http://www.barrettbusiness.com/-- is a provider of
business management solutions, combining human resource outsourcing
and professional management consulting to create a unique
operational platform that differentiates it from competitors.
BBSI's integrated platform is built upon expertise in payroll
processing, employee benefits, workers' compensation coverage, risk
management and workplace safety programs, and human resource
administration.  BBSI's partnerships help businesses of all sizes
improve the efficiency of their operations.  BBSI works with more
than 4,000 clients across all lines of business in 22 states.


BILL JOHNSON: Dismissal of Claims vs. Actuaries, Attys Affirmed
---------------------------------------------------------------
In the case captioned JOHNNY JOHNSON and ANNA JOHNSON, husband and
wife; THE ESTATE OF RUDY JOHNSON and DIANA JOHNSON,
Plaintiffs/Appellants, v. STEVE MATTHEWS and COLLEEN MATTHEWS,
husband and wife; MATTHEWS, GOLD, KENNEDY & SNOW, INC., an Arizona
corporation; LESLIE A. PLATTNER and RHONDA PLATTNER, husband and
wife; and PLATTNER, SCHNEIDMAN & SCHNEIDER P.C., an Arizona
professional corporation, Defendants/Appellees, No. 1 CA-CV 15-0369
(Ariz. App.), the Court of Appeals of Arizona, Division One,
affirmed the superior court's entry of summary judgment and award
the Matthews and Plattner parties their costs of appeal contingent
upon their compliance with Arizona Rule of Civil Appellate
Procedure 21.

Plaintiffs/Appellants Johnny Johnson, Anna Johnson, Diana Johnson
and the Estate of Rudy Johnson challenge the superior court's entry
of summary judgment dismissing their claims against actuaries and
attorneys alleging damage caused to a pension plan maintained for
employees of Bill Johnson's Restaurant, Inc..

A full-text copy of the Memorandum Decision dated May 31, 2016 is
available at https://is.gd/gVxSB1 from Leagle.com.

Maynard Cronin Erickson Curran & Reiter, PLC, Phoenix, By Daniel D.
Maynard, Esq., Counsel for Plaintiffs/Appellants.

Burch & Cracchiolo, PA, Phoenix, By Edwin D. Fleming, Esq. --
efleming@bcattorneys.com, Melissa Iyer Julian, Esq. --
mjulian@bcattorneys.com, Counsel for Defendants/Appellees
Matthews.

Goldman & Zwillinger PLLC, Scottsdale, By Scott H. Zwillinger, Esq.
-- SZwillinger@GZLawOffice.com, Scott Griffiths, Esq. --
SGriffiths@GZLawOffice.com, Counsel for Defendants/Appellees
Plattner.

Phoenix, Arizona-based Bill Johnson's Restaurants, Inc., doing
business as Bill Johnson's Big Apple Restaurants, filed a Chapter
11 petition (Bankr. D. Ariz. Case No. 11-22441) on Aug. 4, 2011.
Shelton L. Freeman, Esq., at Deconcini Mcdonald Yetwin & Lacy PC,
in Scottsdale, Arizona, serves as counsel to the Debtor.  The
Debtor estimated assets and debts of $1 million to $10 million.


BILLYS ROADHOUSE: Taps Robert Lampl as Attorney
-----------------------------------------------
Billys Roadhouse, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Robert O.
Lampl and his law firm as the Debtor's attorneys.

The Debtor is in need of services of legal counsel to assist in,
among other things, the administration of its Estate and to
represent the Debtor on matters involving legal issues that are
present or are likely to arise in the case, to prepare any legal
documentation on behalf of the Debtor, to review reports for legal
sufficiency, to furnish information on legal matters regarding
legal actions and consequences and for all necessary legal services
connected with Chapter 11 proceedings including the prosecution
and/or defense of any adversary proceedings.

Robert O Lampl and his firm will be paid at these hourly rates:

       Robert O Lampl           $450
       John P. Lacher           $400
       David L. Fuchs           $375
       Ryan J. Cooney           $275
       Paralegal                $150

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

Robert O Lampl assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The firm can be reached at:

       Robert O. Lampl, Esq.
       John P. Lacher, Esq.
       David L. Fuchs, Esq.
       Ryan J. Cooney, Esq.
       960 Penn Avenue, Ste 1200
       Pittsburgh, PA 15222
       Tel: (412) 392-0330
       Fax: (412) 392-0335
       E-mail: rlampl@lampllaw.com

Billys Roadhouse, Inc. filed a Chapter 11 petition (Bankr. W.D. Pa.
Case No. 16-21969) on May 25, 2016.



BLACK ELK: GIS Objects to Liquidation Plan Over Value of Properties
-------------------------------------------------------------------
Grand Isle Shipyard, Inc., objects to confirmation of Black Elk
Energy Offshore Operations, LLC's Second Amended Plan of
Liquidation, complaining that the Plan violates Section 506(a)(1)
of the Bankruptcy Code because the Debtor does not know the value
of of every real property asset in which the Debtor had an interest
that secures the Pre-Petition Obligations and there has been no
proof of secured status nor does there appear to be any available
information from which the secured status of the Holders of Senior
Notes can be ascertained.

In addition, GIS also complains that the Plan does not identify
with any specificity the assets to be transferred into the
Liquidation Trust, especially Oil and Gas Leases held by the Debtor
-- which may be subject to liens held by GIS and other similarly
situated creditors.

Consequently, GIS avers that unless the Debtor can establish at
least an approximate value of the assets that will comprise the
Liquidation Trust, GIS and other similarly situated creditors
cannot properly analyze or quantify, among other things, the extent
to which the treatment of the Senior Notes is better than the
claims of Other Secured Claims and General Unsecured Creditors,
proposing to give the Holders of Senior Notes.

Attorneys for Grand Isle Shipyard, Inc.:

       Michael P. Brundage
       PHELPS DUNBAR LLP
       100 South Ashley Drive, Suite 1900
       Tampa, Florida 33602-5311
       Telephone: 813-472-7550
       Facsimile: 813-472-7570
       Email: michael.brundage@phelps.com

              About Black Elk

Black Elk Energy Offshore Operations, LLC, is a Houston, Texas
based privately held limited liability company engaged in the
acquisition, exploitation, development and production of oil and
natural gas properties primarily in the shallow waters of the Gulf
of Mexico near the coast of Louisiana and Texas.

Black Elk had total assets of $339.7 million and total debt of
$432.3 million as of Sept. 30, 2014.

Judge Letitia Z. Paul of the U.S. Bankruptcy Court in the Southern
District of Texas placed Black Elk under Chapter 11 bankruptcy
protection on Sept. 1, 2015, converting an involuntary Chapter 7
bankruptcy petition by its creditors.  Thereafter, the Company
filed with the Court a voluntary Chapter 11 petition (Bankr. S.D.
Tex. Case No. 15-34287) on Sept. 10, 2015.  

Judge Paul later recused herself from the case and the matter was
given to Judge Marvin Isgur, according to information posted on the
case docket on Sept. 14.

The Debtor is represented by Elizabeth E. Green of Baker &
Hostetler.  Blackhill Partners' Jeff Jones is the Debtor's Chief
Restructuring Officer.


BLACK ELK: Inks Deal to Resolve Dispute with Hess Corp.
-------------------------------------------------------
Black Elk Energy Offshore Operations, LLC, asks the U.S. Bankruptcy
Court to approve a sale agreement and related compromise negotiated
by Debtor Shell Offshore Inc. and Hess Corporation that would
relieve the Debtor's estate of plugging and abandonment liabilities
and additional significant potential administrative claims in an
estimated amount of over $26 million, as well as approximately $10
million in additional pre-petition claims.

The Agreement provides for the conveyance of the Debtor's interest
in certain Outer Continental Shelf leases and related platforms and
facilities to the current co-working interest owners, Shell and
Hess, in return for Shell and Hess's assumption of Black Elk's
share of the plugging and abandonment liabilities associated with
the properties and release of pre and postpetition claims based on
the Debtor's defaults under the operative agreements.

The Debtor states that it will consider any higher and better
competing offer that exceed the terms of the sale proposed by the
Motion, including extinguishing the potential administrative claims
of Shell and Hess by assuming the decommissioning liability.  The
Parties have reserved the right to make additional mutually
agreeable amendments to the APA prior to execution and closing with
such modifications to be filed with the Court.  Shell has not yet
executed the APA, but counsel for Shell has represented that
management has approved their entry into the APA in substance and
that the agreement is in the process of final review.

The Debtor says it has provided a copy of the APA to the Official
Committee of Unsecured Creditors, the Ad Hoc Committee of Senior
Noteholders, and the United States Government and has not been made
aware of any objections thereto.

Black Elk Energy Offshore Operations, LLC is represented by:

       Elizabeth A. Green, Esq.
       Jimmy D. Parrish, Esq.
       BAKER & HOSTETLER, LLP
       SunTrust Center, Suite 2300
       200 South Orange Avenue
       Orlando, FL 32801-3432
       Telephone: (407) 649-4000
       Facsimile: (407) 841-0168
       Email: egreen@bakerlaw.com
              jparrish@bakerlaw.com

          -- and --

       Pamela Gale Johnson, Esq.
       BAKER & HOSTETLER, LLP
       811 Main Street, Suite 1100
       Houston, Texas 77002-6111
       Telephone: (713) 646-1324
       Facsimile: (713) 751-1717
       E-mail: pjohnson@bakerlaw.com

          -- and --

       Jorian L. Rose, Esq.
       BAKER & HOSTETLER, LLP
       45 Rockefeller Plaza
       New York, New York
       Telephone: (212) 589-4200
       Facsimile: (212) 589-4201
       Email: jrose@bakerlaw.com

          -- and --

       Joseph M. Esmont, Esq.
       BAKER & HOSTETLER, LLP
       127 Public Square Ste. 2000
       Cleveland, Ohio
       Telephone: (216) 861-7835
       Facsimile: (216) 696-0740
       Email: jesmont@bakerlaw.com

             About Black Elk

Black Elk Energy Offshore Operations, LLC, is a Houston, Texas
based privately held limited liability company engaged in the
acquisition, exploitation, development and production of oil and
natural gas properties primarily in the shallow waters of the Gulf
of Mexico near the coast of Louisiana and Texas.

Black Elk had total assets of $339.7 million and total debt of
$432.3 million as of Sept. 30, 2014.

Judge Letitia Z. Paul of the U.S. Bankruptcy Court in the Southern
District of Texas placed Black Elk under Chapter 11 bankruptcy
protection on Sept. 1, 2015, converting an involuntary Chapter 7
bankruptcy petition by its creditors.  Thereafter, the Company
filed with the Court a voluntary Chapter 11 petition (Bankr. S.D.
Tex. Case No. 15-34287) on Sept. 10, 2015.  

Judge Paul later recused herself from the case and the matter was
given to Judge Marvin Isgur, according to information posted on the
case docket on Sept. 14.

The Debtor is represented by Elizabeth E. Green of Baker &
Hostetler.  Blackhill Partners' Jeff Jones is the Debtor's Chief
Restructuring Officer.


BM CREW: Court Grants Bank's Request for Copy of Plan
-----------------------------------------------------
Judge Brian K. Tester of the U.S. Bankruptcy Court for the District
of Puerto Rico granted Banco Popular de Puerto Rico's motion
requesting to be served with a copy of BM Crew, Inc.'s disclosure
statement and plan.

BM Crew, Inc. (Bankr. D.P.R. Case No. 16-00526) filed a Chapter 11
Petition on January 28, 2016.  The Debtor is represented by
Jacqueline Hernandez Santiago, Esq., at Hernandez Law Offices.


BNOIS SPINKA: Unsecured Creditors to Get 100% Under Plan
--------------------------------------------------------
Bnois Spinka filed with the U.S. Bankruptcy Court for the Eastern
District of New York a fourth amended disclosure statement
explaining its plan of reorganization under which holders of
Allowed Unsecured Claims will be paid 100%.

Allowed unsecured Claims of the unsecured Creditors total
$6,182,983.  Class 8 Claimants Class 8 shall receive a 10% pro rata
distribution of their Allowed Claims totaling approximately
$618,000, payable monthly in the first year and thereafter annually
over 10 years with the first monthly payment commencing on the
Effective Date, and thereafter in nine consecutive annual payments,
each in the amount of $61,829.

In addition, Unsecured Creditors will receive, without interest, a
total of 90% of the remaining amount principal amount of their
claims, payable on a pro rata basis, from (a) the sum of $20,757
per month commencing on the first day of the month after the
Effective Date and payable monthly on the first of the month for
five years; (b) net proceeds recovered by the Committee commencing
on the 13th month after the Effective Date, payable on the
conclusion of the payments to Class 3, until the 120th month after
the Effective Date; (c) monthly installments of $25,000, each
installment due on the first day of the month commencing on the
13th month after the Effective Date, until the 120th after the
Effective Date; (d) monthly installments of $5,416.67, each on the
first day of the month, payable up until the full payments to Class
8 and; (e) on the 120th after the Effective Date, a balloon payment
equal to the principal balance due and owing with respect to the
Class 8 claims totaling approximately $4,800,000, will be paid,
assuming no recovery from litigation.

A full-text copy of the Fourth Amended Disclosure Statement dated
May 31, 2016, is available at
http://bankrupt.com/misc/SPINKAds0531.pdf

The bankruptcy case is IN RE: BNOIS SPINKA, Case No. 15-43251
(NHL)(Bankr. E.D.N.Y.).

The Debtor is represented by:

         Leo Fox, Esq.
         630 Third Avenue, 18th Floor
         New York, New York 10017
         Tel: (212) 867-9595
         Email: leofox1947@aol.com


BOISE GUN: Wants to Continue Using Two Creditors' Cash Collateral
-----------------------------------------------------------------
Boise Gun Company, Inc., asks the U.S. Bankruptcy Court for
permission to continue using cash collateral pledged prior to its
chapter 11 filing to repay approximately $1.9 million owed to Zions
First National Bank and about $889,000 to Sports Inc.  The Debtor
projects that it will continue to collect income of between
$400,000 to $500,000 per month from the sale of services, products
and equipment, which is the cash collateral the Debtor seeks
authorization to use.  During the next six months, the Debtor
anticipates using between $375,000 and $431,000 of cash collateral
each month.  The Debtor proposes to continue making $25,000 monthly
adequate protection payments to Zions Bank and $6,500 monthly
adequate protection payments to Sports Inc.  The Debtor tells the
Court that the estimated fair market wholesale value of its
accounts receivable -- the pledged collateral -- exceeds $3.8
million.  

Zions First National Bank is represented by:

          G. Troy Parkinson, Esq.
          Prince, Yeates & Geldzahler
          15 West South Temple, Suite 1700
          Salt Lake City, UT 84101
          E-mail: gtp@princeyeates.com

and Sports, Inc., is represented by:

          Sheila R. Wchwager, Esq.
          Beth Coonts, Esq.  
          Brent Wilson, Esq.
          Hawley Troxell Ennis & Hawley LLP
          877 Main Street, Suite 1000
          P.O. Box 1617
          Boise, ID 83701
          E-mail: sschwager@hawleytroxell.com
                  bcoonts@hawleytroxell.com
                  bwilson@hawleytroxell.com

Boise Gun Company, Inc., based in Garden City, Idaho, filed a
chapter 11 petition (Bankr. D. Idaho Case No. 15-01389) on Oct. 23,
2015.  The company is represented by Matthew T. Christensen, Esq.,
at Angstman Johnson, PLLC, and disclosed $3.85 million in assets
and $4.14 million in liabilities at the time of the filing.  



BON-TON STORES: Agrees to Sell Real Estate Portfolio to UTF
-----------------------------------------------------------
The Bon-Ton Stores, Inc., acting through subsidiary entities,
entered into an Agreement of Purchase and Sale for a sale-leaseback
transaction with United Trust Fund Limited Partnership, pursuant to
which Bon-Ton agreed to sell to UTF a real estate portfolio
comprised of three retail department store locations in two states.
The facilities comprising the Portfolio contain approximately
435,200 square feet in the aggregate and are located in: (a)
Roseville, Minnesota; (b) Duluth, Minnesota; and (c) Aurora,
Illinois.  At the closing of the transactions contemplated by the
PSA, Bon-Ton will convey the Portfolio to UTF for an aggregate
sales price of at least $44.935 million.  The Closing is subject to
a due diligence review of the Portfolio by UTF, including matters
relating to title, environmental condition, zoning, property
condition and appraisals.

Contemporaneously with the Closing, a subsidiary of Bon-Ton will
enter into a lease agreement substantially in the form attached as
Exhibit C to the PSA with a subsidiary of UTF pursuant to which the
Portfolio will be leased back to Bon-Ton or its subsidiary
entities.  The Lease will have an initial term of 20 years and will
contain three renewal terms, each for a period of 10 years.  The
basic rent payable in connection with the Lease will be
approximately $3.9 million per annum, or 8.75% of the aggregate
sales price, subject to adjustment for increases in the Consumer
Price Index.  The obligations of the tenant under the Lease are
guaranteed by Bon-Ton.

                     About Bon-Ton Stores

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

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

                           *     *     *

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

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


BRAND ENERGY: Bank Debt Trades at 3% Off
----------------------------------------
Participations in a syndicated loan under which Brand Energy &
Infrastructure Services is a borrower traded in the secondary
market at 96.70 cents-on-the-dollar during the week ended Friday,
May 27, 2016, according to data compiled by LSTA/Thomson Reuters
MTM Pricing.  This represents an increase of 0.39 percentage points
from the previous week.  Brand Energy pays 375 basis points above
LIBOR to borrow under the $1.225 billion facility. The bank loan
matures on Nov. 12, 2020 and carries Moody's B2 rating and Standard
& Poor's B rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended May 27.


BRANTLEY-POWELL: July 12 Plan, Disclosures Hearing
--------------------------------------------------
Judge Susan D. Barrett of the U.S. Bankruptcy Court for the
Southern District of Georgia conditionally approved the amended
disclosure statement of Brantley-Powell Funeral Home, Inc.,
including the value of bankruptcy estate property for plan
confirmation purposes as well as determining creditors' secured
status under Section 506 of the Bankruptcy Code.

July 7, 2016, is fixed as the last day for filing written
acceptances or rejection of the plan and the last day for filing
and serving written objections to the disclosure statement and
confirmation of the plan.

A Hearing shall be held: July 12, 2016, at 02:30 p.m., U.S.
Courtroom, U.S. Courthouse, Dublin, GA , to consider final approval
of the disclosure statement (if a written objection has been timely
filed, including any objections to property value) and for the
hearing on confirmation of the plan.

In the event the Debtor and its counsel fail to appear, or if the
plan is not confirmed at said hearing, a hearing will thereupon be
held to determine whether the case should be dismissed or converted
to Chapter 7.

Brantley-Powell Funeral Home, Inc. (Bankr. S.D. Ga. Case No.
15-30128) filed a Chapter 11 Petition on May 12, 2015.  The Debtor
is Jon A. Levis, Esq., at Merrill & Stone, LLC.


BRUNO HOLDINGS: Hires Elizabeth Haas as Attorney
------------------------------------------------
Bruno Holdings, LLC seeks authorization from the U.S. Bankruptcy
Court for the Southern District of New York to employ Elizabeth A.
Haas, Esq., PLLC, as attorney.

The Debtor requires the firm to:

   (a) prepare and finalize Schedules, the Statement of Financial
       Affairs, and other documents required under the Bankruptcy
       Code and by the Office of the U.S. Trustee;

   (b) examine claims filed herein, priority tax claims of the
       various taxing agencies and executory leases, and to
       institute the necessary proceedings and objections to said
       claims in order to establish the validity and the amounts
       due and also general unsecured creditors' claims, and to
       conduct negotiations and prepare all requisite documents in

       connection with adjustments effected and any agreements
       with respect to the terms, provisions and any agreements
       with respect to the terms, provisions and conditions of the

       payment of said claims.

   (c) give the Debtor all legal advice with respect to its power
       and duties as Debtor-in-possession, in the continued
       operation of their business and management of their
       property.

   (d) take the necessary legal steps to enjoin and stay, until
       final decree herein, pending actions and proceedings or
       actions or proceedings hereinafter instituted or to permit
       the Debtor to prosecute actions in other courts.

   (e) prepare, on behalf of the Debtor as Debtor-in-possession,
       necessary petitions, answers, orders, reports, and other
       legal papers;

   (f) perform all other legal services for the Debtor, as Debtor-
       in-Possession, which may be necessary or desirable herein,
       from all of which it is readily apparent that it is
       necessary for the Debtor as Debtor-in-Possession to employ
       an attorney for the rendition of such professional
       services;

   (g) represent the Debtor in connection with negotiations with
       the mortgage holder, for the borrowing of funds and the
       issuance of orders thereon, as well as the certificates of
       indebtedness in connections with the renegotiation of
       existing contracts and in connection with all contracts and

       agreements by and between the Debtor and all third parties,

       in connection with the continuation of business and the use

       of cash collateral, the borrowing of funds and in the
       entering into of new contracts and commitments on the part
       of the Petitioner;

   (h) examine into the status and merits of all executory
       contracts and to institute all proceedings to disaffirm and

       reject all burdensome and disadvantageous contracts, to
       institute proceedings, and to determine and fix the
       liability of the Debtor upon all executory contracts that
       may be rejected;

   (i) institute proceedings and determine the status, validity
       and amount due on all disputed claims, particularly with
       respect to contracts and executory contracts, the validity
       of which may be subject to questions, or with respect to
       such contracts as may be burdensome and rejected by the
       Debtor; and

   (j) file proceedings pursuant to 11 U.S.C. section 105.

The firm will be paid at these hourly rates:

       Professional            $400
       Paralegal               $150

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

Prior to the filing of the Debtor's petition, a third party paid
the retainer fee to Elizabeth Haas in the amount of $15,000 plus
the filing fee.

Elizabeth A. Haas assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on June
17, 2016, at 12:00 noon.

The firm can be reached at:

       Elizabeth A. Haas, Esq.
       ELIZABETH A. HAAS, ESQ. PLLC
       254 South Main Street, Suite 302
       New York, NY 10956-3363
       Tel: (845) 708-0340

Bruno Holdings, LLC, based in Suffern, N.Y., filed a Chapter 11
bankruptcy petition (Bankr. S.D.N.Y. Case No. 16-22738) on May 27,
2016.  The Hon. Robert D. Drain presides over the case.  Elizabeth
A. Haas, Esq., at ELIZABETH A. HAAS, ESQ., PLLC, serves as Chapter
11 counsel.  In its petition, the Debtor listed total assets of
$1.10 million and total liabilities of $763,782.  he petition was
signed by Anthony Bruno, managing member.


BUILDERS FIRSTSOURCE: Stockholders Elect Three Directors
--------------------------------------------------------
Builders FirstSource, Inc.'s annual meeting of stockholders was
held on May 25, 2016.  The owners of 104,866,008 shares of the
Company's common stock, representing 95.23% of the voting power of
all of the shares of common stock issued and outstanding on
April 1, 2016, the record date for the meeting, were represented at
the annual meeting.  Each share of common stock was entitled to one
vote at the annual meeting.

The Company's stockholders elected each of the following
individuals as a director of the Company for a term of three years:
Mr. Daniel Agroskin (95,458,260 votes in favor and 164,949 votes
withheld), Mr. Kevin J. Kruse (94,940,556 votes in favor and
682,653 votes withheld), and Mr. Floyd F. Sherman (95,465,502 votes
in favor and 157,707 votes withheld).  There were 9,242,799 broker
non-votes with regard to the election of directors.

The Company's stockholders approved an amendment of the
Corporation's 2014 Incentive Plan to increase the number of shares
available by 3,500,000 and reapproved the material terms of
performance goals for qualified performance-based awards with
85,408,578 votes in favor, 10,166,778 votes against, and 47,853
abstentions.  There were 9,242,799 broker non-votes with regard to
the amendment of the Corporation's 2014 Incentive Plan.

The Company's stockholders ratified the appointment of
PricewaterhouseCoopers LLP as the Company's independent registered
public accounting firm for the year ending Dec. 31, 2016, with
104,026,917 votes in favor, 292,182 votes against, and 546,909
abstentions.

                 About Builders FirstSource

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

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

                           *     *     *

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

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

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


CAESARS ENTERTAINMENT: Bank Debt Trades at 5% Off
-------------------------------------------------
Participations in a syndicated loan under which Caesars
Entertainment Inc. is a borrower traded in the secondary market at
95.33 cents-on-the-dollar during the week ended Friday, May 27,
2016, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 0.40 percentage points
from the previous week.  Caesars Entertainment pays 600 basis
points above LIBOR to borrow under the $2.5 billion facility. The
bank loan matures on Sept. 24, 2020 and carries Moody's B3 rating
and Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended May 27.


CAESARS ENTERTAINMENT: May Issue 7.5M Shares Under Incentive Plan
-----------------------------------------------------------------
Caesars Entertainment Corporation filed with the Securities and
Exchange Commission a Form S-8 registration statement to register
7,500,000 additional shares of its common stock, par value $0.01
per share, reserved for issuance under the Caesars Entertainment
Corporation 2012 Performance Incentive Plan, as amended.  The
Registration Statement was being filed pursuant to General
Instruction E of Form S-8 under the Securities Act.  A copy of the
prospectus is available for free at https://is.gd/1hiDbj

                    About Caesars Entertainment

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

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

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

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

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

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

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

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


CAESARS ENTERTAINMENT: Restructuring Talks Reach Stalemate
----------------------------------------------------------
Jacqueline Palank, writing for Daily Bankruptcy Review, reported
that a retired federal judge charged with brokering a deal to
restructure Caesars Entertainment Corp.'s bankrupt operating unit
says talks with the casino company and one group of warring
creditors have broken down and aren't likely to reach a
settlement.

According to the report, in court papers filed June 6, Joseph J.
Farnan Jr. says Caesars declined to participate in mediation beyond
an April 7 meeting and that he doesn't see the company coming to
terms with junior bondholders.  The bondholders are opposing the
restructuring strategy of the Caesars unit, called Caesars
Entertainment Operating Co., the report related.

"I believe that there is currently no likelihood of material
progress in the discussions between the [Caesars] parties and the
noteholder committee," the report cited Mr. Farnan as saying.

Mr. Farnan, once a judge for the U.S. District Court in Delaware,
was asked this year to help the Caesars unit bring its creditors on
board with a plan to restructure some $18 billion in debt, the
report further related.  The goal of the talks was to settle legal
claims related to accusations that Caesars and its private-equity
owners looted the unit of valuable assets for their benefit,
hurting it and its creditors, which Caesars denies, the report
said.

The committee representing the Caesars unit’s junior bondholders
has said such legal claims, which some junior bondholders are
pursuing in separate court action, could be worth as much as $12.6
billion, the report added.

                   About Caesars Entertainment

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

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

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

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

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

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

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

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


CAESARS ENTERTAINMENT: Showboat Reopening Without Casino
--------------------------------------------------------
Daily Bankruptcy Review, citing the Associated Press, reported that
the shuttered Showboat casino hotel will reopen in July -- this
time as a non-gambling hotel, a developer said on June 3.

According to the report, Philadelphia developer Bart Blatstein said
852 of the complex's 1,300 rooms will be open to the public in
July.  The hotel will still be called the Showboat, the report
related.

Blatstein has been buying non-gambling attractions in Atlantic
City, which is desperately trying to reinvent itself as a
diversified resort that is far less dependent on gambling, the
report further related.

In 2015, he bought the former Pier Shops complex on the beachfront
and rebranded it as The Playground, a mix of restaurants, bars,
nightspots and shopping, the report said.

Caesars Entertainment closed the still-profitable Showboat
casino-hotel on Aug. 31, 2014, the second of four Atlantic City
casinos to close that year, the report added.  The company acted in
the name of reducing competition in what it considered an
oversaturated market, putting 2,000 workers out of jobs, the report
noted.

Caesars also placed a deed restriction on the Showboat, prohibiting
a future buyer from reopening it as a casino, but a competing deed
restriction among casinos in the area prohibited the Showboat from
being used as anything other than a first-class casino hotel, the
report pointed out.

                   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.


CEC ENTERTAINMENT: Bank Debt Trades at 3% Off
---------------------------------------------
Participations in a syndicated loan under which CEC Entertainment
Inc is a borrower traded in the secondary market at 97.35
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.20 percentage points from the
previous week.  CEC Entertainment Inc pays 350 basis points above
LIBOR to borrow under the $0.725 billion facility. The bank loan
matures on Feb. 18, 2021 and carries Moody's B2 rating and Standard
& Poor's B rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended May 27.


CELERITAS CHEMICALS: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Celeritas Chemicals, LLC
        600 Rustic Ridge Court
        Southlake, TX 76092
Case No.: 16-42136

Chapter 11 Petition Date: June 2, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Hudson M. Jobe, Esq.
                  QUILLING, SELANDER, LOWNDS, WINSLETT
                  & MOSER, P.C.
                  2001 Bryan Street, Suite 1800
                  Dallas, TX 75201
                  Tel: (214) 871-2100
                  Fax: (214) 871-2111
                  E-mail: hjobe@qslwm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Percy Pinto, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txnb16-42136.pdf


CHICORA LIFE CENTER: Hires McCarthy Law Firm as Bankruptcy Counsel
------------------------------------------------------------------
Chicora Life Center, LC, seeks permission from the U.S. Bankruptcy
Court for the District of South Carolina to employ McCarthy Law
Firm, LLC, effective as of May 16, 2016, as counsel for the Debtor
during this Chapter 11 case.

The Firm will provide these services:

      a. advising the Debtor of its rights, powers and duties;

      b. attending meetings with Debtor and hearings before the
         Court;

      c. assisting other professionals retained by Debtor in the
         investigation of the acts, conduct, assets, liabilities
         and financial condition of Debtor, and any other matters
         relevant to the case or to the formulation of a plan of
         reorganization or liquidation;

      d. investigating the validity, extent, and priority of
         secured claims against the Debtor's estate, and
         investigating the acts and conduct of such secured
         creditors and other parties to determine whether any
         causes of action may exist;

      e. advising the Debtor with regard to the preparation and
         filing of all necessary and appropriate applications,
         motions, pleadings, draft orders, notices, schedules, and
         other documents, and reviewing all financial and other
         reports to be filed in these matters;

      f. advising the Debtor with regard to the preparation and
         filing of responses to applications, motions, pleadings,
         notices and other papers that may be filed and served in
         these Chapter 11 cases by other parties; and

      g. performing other necessary legal services for and on
         behalf of Debtor that may be necessary or appropriate in
         the administration of the Chapter 11 case.

The Firm will be paid these hourly rates:

         G. William McCarthy, Jr., Esq.      $425
         Daniel J. Reynolds, Jr., Esq.       $325
         W. Harrison Penn, Esq.              $300
         Attorney                          $250-$425
         Paralegals & Assistants           $100-$125

Pre-petition, the Firm received retainers aggregating $75,000 from
the Debtor for services related to debt counseling and strategic
advice as well as the contemplation of, research related to,
preparation for, and filing of the bankruptcy cases and related
negotiations and meetings.  Pre-petition, the Firm charged its
outstanding pre-petition time and expenses (including the filing
fee) against the retainer for an aggregate amount of $22,753.78 in
pre-petition charges to the Debtor.  There is $52,246.22 in
remaining retainer balance being held by Firm for Debtor.  The Firm
will seek approval from the Bankruptcy Court for payment of its
post-petition services.

G. William McCarthy, Jr., Esq., a member/partner at the Firm,
assures the Court that Firm does not hold or represent an interest
adverse to the Debtor or its estates and that Firm is a
disinterested person as that term is defined in 11 U.S.C. Section
101(14).

                    About Chicora Life Center

Chicora Life Center, LC, sought protection under Chapter 11 of the
Bankruptcy Code in the District of South Carolina (Charleston)
(Case No. 16-02447) on May 16, 2016.  

The petition was signed by Jeremy K. Blackburn, property manager.
The Debtor is represented by G. William McCarthy, Jr., Esq., at
McCarthy Law Firm, LLC.

The Debtor disclosed total assets of $48.3 million and total debts
of $22.09 million.


CHIEFTAIN STEEL: Committee Taps Bingham as Local Counsel
--------------------------------------------------------
The official committee of unsecured creditors of Chieftain Steel,
LLC seeks approval from the U.S. Bankruptcy Court for the Western
District of Kentucky to hire Bingham Greenebaum Doll LLP as its
local counsel.

The committee tapped the firm to:

     (a) advise the committee about its rights, powers and duties
         under section 1103 of the Bankruptcy Code;

     (b) prepare legal papers;

     (c) negotiate with the Debtor, its secured creditors and
         other parties in connection with the Debtor's post-       

         petition financing and exit-strategy;

     (d) review the nature and validity of any liens asserted
         against the Debtor's property;

     (e) advise the committee about its ability to initiate
         actions to collect and recover property for the estate;

     (f) advise the committee about any of the Debtor's potential
         property dispositions;

     (g) advise the committee about the formulation, negotiation
         and promulgation of a plan of reorganization; and

     (h) provide non-bankruptcy services for the committee if
         requested.

The attorneys and paraprofessionals who will be primarily
responsible for representing the committee bill their time at these
hourly rates:

     James R. Irving         Partner     $325
     April A. Wimberg        Associate   $215
     Susan Mays              Paralegal   $190

Bingham will receive reimbursement for work-related expenses.

Mr. Irving disclosed in a court filing that the firm does not
represent any interest adverse to the Debtor's estate.

Bingham Greenebaum can be reached through:

     James R. Irving
     Bingham Greenebaum Doll LLP
     3500 National City Tower
     101 South Fifth Street
     Louisville, KY 40207  
     Tel: (502) 587-3606
     Fax: (502) 540-2215

                     About Chieftain Steel

Chieftain Steel, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Ky. Case No. 16-10407) on May 2, 2016.
  The Debtor is represented by Constance G. Grayson, Esq., at
Gullette & Grayson, PSC.


CHIEFTAIN STEEL: Committee Taps Fox Rothschild as Legal Counsel
---------------------------------------------------------------
The official committee of unsecured creditors of Chieftain Steel,
LLC seeks approval from the U.S. Bankruptcy Court for the Western
District of Kentucky to hire Fox Rothschild LLP as its legal
counsel.

The committee tapped the firm to:

     (a) give advice about its rights, powers and duties under
         section 1103 of the Bankruptcy Code;

     (b) prepare legal papers on behalf of the committee;

     (c) negotiate with the Debtor, its secured creditors and
         other parties in connection with the Debtor's post-
         petition financing and exit-strategy;

     (d) review the nature and validity of any liens asserted
         against the Debtor's property;

     (e) advise the committee about its ability to initiate
         actions to collect and recover property for the benefit
         of the estate;

     (f) advise the committee about any of the Debtor's potential
         property dispositions;

     (g) advise the committee about the formulation, negotiation
         and promulgation of a plan of reorganization; and

     (h) provide non-bankruptcy services for the committee if
         requested.

The attorneys and paraprofessionals who will be primarily
responsible for representing the committee bill their time at these
hourly rates:

     Michael G. Menkowitz    Partner     $560
     Paul J. Labov           Partner     $464
     Jason C. Manfry         Associate   $272
     Joseph DiStanislao      Paralegal   $268

Fox Rothschild will receive reimbursement for work-related
expenses.

Mr. Menkowitz disclosed in a court filing that the firm does not
represent any interest adverse to the Debtor's estate.

Fox Rothschild can be reached through:

     Michael G. Menkowitz
     Fox Rothschild LLP
     2000 Market Street,
     Philadelphia, Pennsylvania 19103
     Tel: (215) 299-2756
     Fax: (215) 299-2150
     Email: mmenkowtz@foxrothschild.com

                     About Chieftain Steel

Chieftain Steel, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Ky. Case No. 16-10407) on May 2, 2016.
  The Debtor is represented by Constance G. Grayson, Esq., at
Gullette & Grayson, PSC.


CLAIRE'S STORES: Appoints Michael D'Appolonia as Director
---------------------------------------------------------
The Board of Directors of Claire's Stores, Inc. increased the size
of the Board from six directors to seven directors and appointed
Michael R. D'Appolonia as director to fill the vacancy created on
the Board by such increase effective June 1, 2016.

From 2013 until his retirement in 2016, Mr. D'Appolonia served as a
principal at DeNovo Perspectives, LLC, a professional services firm
providing advisory and executive management services to clients in
a broad range of industries.  Mr. D'Appolonia previously served as
the president and chief executive officer of Kinetic Systems, Inc.,
a global provider of process and mechanical solutions to the
electronics, solar and biopharmaceutical industries from 2006 until
September 2010.  From 2002 through 2006, Mr. D'Appolonia was
president of Nightingale & Associates, LLC, a global management
consulting firm.  He has provided financial advisory and executive
officer services to a number of companies, including Murray's
Discount Auto Stores, Inc., McCulloch Corporation, Halston
Borghese, Inc., and Simmons Upholstered Furniture, Inc. Mr.
D'Appolonia's recent public company board of director experience
includes Exide Technologies (2004-2015), Westmoreland Coal Company
(2008 - 2013) and The Washington Group (2001-2007).  In addition to
his experience with public companies, Mr. D'Appolonia previously
served as a member of the board of directors of private companies
including Kinetic Systems, Inc., Moll Industries, Inc., SHC, Inc.,
and Mobile Technologies Inc.

In accordance with the director compensation policy previously
adopted by the Board, each of Mr. D'Appolonia and Sally Pofcher
(who became a member of the Company's Board of Directors in
February 2016) were granted an option for 20,000 shares of the
common stock of Claire's, Inc., the corporate parent of the
Company, that were fully vested and immediately exercisable upon
grant at an exercise price of $1.25 per share.  The options were
granted under Parent's Amended and Restated Stock Incentive Plan.

                      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.


CREATURE LLC: Proposes Replacement Liens for Bank of America
------------------------------------------------------------
Creature LLC entered into a $700,000 Term Loan Agreement, dated
December 7, 2011, with Bank of America, N.A.  As of the Petition
Date, the outstanding balance of the Term Loan was $59,413.  The
Debtor believes that the Term Loan is secured by a first-position
lien on and security interests in the Debtor's equipment, inventory
and accounts receivable.  The Debtor wants access to that cash
collateral to pay operating expenses and wants to grant BofA
replacement post-petition liens.  

The Debtor describes itself as a creative agency comprised of a
global group of thinkers, makers, and creators of things whose
collective energy focuses on design, advertising and innovation to
solve business challenges for its customers. Through the
company’s expertise in brand strategy, advertising and design, it
is the Creature the problem requires. The company’s capabilities
also include web site design, application development, experience
design, social content, events, print advertising, broadcast video,
digital banners, radio, brand identity, packaging design, and media
planning and buying.

Founded in 2002, Creature maintained steady growth, peaking in
2012. At that time, the company made an investment in opening a
London office to service Microsoft business, among other clients.
This expansion proved to be a very costly endeavor, and the company
was forced to send funds to the London office several times to
finance operations. As a result, the company took on too much debt
during this time and has spent the past four years trying to
recover.

The Debtor currently has 10 employees, down from 33 a year earlier.
In addition, the Debtor recently moved its business operations into
smaller and less expensive premises, dropping its monthly lease
expense from $30,000 to $5,800. The Company has cut costs where it
was able to without sacrificing its commitment to the finest
quality products and services. Unfortunately, annual revenues
(exclusive of pass-through agency reimbursements) have dropped from
$6.5 million in 2013 and 2014 to $3.2 million in 2015. The recent
loss of the company’s biggest client late last year forced the
Chapter 11 filing.

Creature LLC, based in Seattle, Wash., sought chapter 11 protection
(Bankr. W.D. Wash. Case No. 16-12940) on May 31, 2016, and is
represented by James L. Day, Esq., at Bush Kornfeld LLP.  The
Debtor estimated $597,825 in assets and $2.63 million in
liabilities at the time of the filing.


CS MINING: Involuntary Chapter 11 Case Summary
----------------------------------------------
Alleged Debtor: CS Mining, LLC
                P.O. Box 608
                Milford, UT 84751

Case Number: 16-24818

Type of Business: A mining and processing company

Involuntary Chapter 11 Petition Date: June 2, 2016

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Judge: Hon. William T. Thurman

Petitioners' Counsel: Martin J. Brill, Esq.
                      LEVENE, NEALE, BENDER, YOO & BRILL L.L.P
                      10250 Constellation Blvd., Suite 1700
                      Los Angeles, CA 90067
                      Tel: 310-229-1234
                      Fax: 310-229-1244
                      E-mail: mjb@lnbyb.com

                        - and -

                      George B. Hofmann, Esq.
                      COHNE KINGHORN PC
                      111 East Broadway, 11th Floor
                      Salt Lake City, UT 84111
                      Tel: (801) 363-4300
                      Fax: (801) 363-4378
                      E-mail: ghofmann@cohnekinghorn.com

   Petitioners                  Nature of Claim  Claim Amount
   -----------                  ---------------  ------------
R.J. Bayer Professional             Services          $66,110
Geologist, LC
8842 Shady Meadow Drive
Sandy, UT 84093

Minerals Advisory Group, LLC        Services          $83,312
6914 N. Camino Martin Rd.,
Suite 120
Tucson, AZ 85741

Rollins Construction &              Services         $481,210
Trucking, LLC
P.O. Box 249
1842 S Hwy 21
Milford, UT 84751

Rollins Machine, Inc.               Services          $48,030
P.O. Box 249
1842 S Hwy 21
Milford, UT 84751

Oxbow Sulphur, Inc.                   Goods        $1,572,235
1601 Forum Place, 12th Fl
West Palm Beach, FL 33401


CYTORI THERAPEUTICS: Files 2015 Conflict Minerals Report
--------------------------------------------------------
Cytori Therapeutics, Inc., filed with the Securities and Exchange
Commision a Conflict Minerals Report for the period from Jan. 1,
2015, to Dec. 31, 2015.

This Report was presented to comply with Rule 13p-1 under the
Securities Exchange Act of 1934, as amended.  This Rule imposes
certain reporting obligations on public companies that manufacture
or contract to manufacture products containing conflict minerals
that are necessary to the functionality or production of their
products.  Form SD defines "conflict minerals" as cassiterite,
columbite-tantalite, gold, wolframite and their derivatives, which
are currently limited to tin, tantalum and tungsten.  The Company
identified tin, tantalum, tungsten and gold ("3TGs") that are
necessary to the functionality or production of certain products
that it manufactured or contracted to manufacture during the
Reporting Period.

"Cytori has reason to believe that some of the 3TGs present in its
supply chain may have originated in the Democratic Republic of the
Congo ("DRC") or an adjoining country (collectively, the "Covered
Countries").  Therefore, we performed a reasonable country of
origin inquiry ("RCOI") to determine whether any of the 3TGs in our
products originated from the Covered Countries and were not from
recycled or scrap sources.  Based on the RCOI, we determined that
we may have some suppliers that sourced 3TG from the Covered
Countries and we proceeded to conduct due diligence on our supplier
base."

A copy of the Conflict Minerals Report is available for free at:

                    https://is.gd/GkndRj

                        About Cytori

Based in San Diego, California, Cytori Therapeutics (NASDAQ: CYTX)
-- http://www.cytori.com/-- is an emerging leader in providing    

patients and physicians around the world with medical
technologies, which harness the potential of adult regenerative
cells from adipose tissue.  The Company's StemSource(R) product
line is sold globally for cell banking and research applications.

Cytori reported a net loss allocable to common stockholders of
$19.4 million on $4.83 million of product revenues for the year
ended Dec. 31, 2015, compared to a net loss allocable to common
stockholders of $38.5 million on $4.95 million of product revenues
for the year ended Dec. 31, 2015.

As of March 31, 2016, Cytori had $32.9 million in total assets,
$25.2 million in total liabilities and $7.74 million in total
stockholders' equity.

KPMG LLP, in San Diego, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company's recurring losses
from operations and liquidity position raises substantial doubt
about its ability to continue as a going concern.


CYTORI THERAPEUTICS: Rights Offering Expires June 9
---------------------------------------------------
Cytori Therapeutics, Inc., announced it has commenced the
subscription period for its previously announced rights offering of
up to 6,896,551 units consisting of shares of common stock and
warrants to purchase shares of common stock to existing
stockholders.

The rights offering will remain open until 5:00 p.m. Eastern Time
on Thursday, June 9, 2016, unless extended.  Rights holders will
need to exercise their subscription rights prior to that date and
time.  

If exercising subscription rights through a broker, dealer, bank or
other nominee, rights holders should promptly contact their nominee
and submit subscription documents and payment for the units
subscribed for in accordance with the instructions and within the
time period provided by such nominee.  The broker, dealer, bank or
other nominee may establish a deadline before June 9 by which
instructions to exercise subscription rights, along with the
required subscription payment, must be received.
All record holders of rights certificates that wish to participate
in the rights offering must deliver a properly completed and signed
rights certificate, together with payment of the subscription price
for both basic subscription rights and any oversubscription
privilege election, to the Subscription Agent, to be received
before 5:00 p.m. Eastern Time on June 9, 2016.  The Subscription
Agent is:

By mail:

Broadridge Corporate Issuer Solutions, Inc.
Attn: BCIS Re-Organization Dept.
P.O. Box 1317
Brentwood, New York 11717-0693
(855) 793-5068 (toll free)

By hand or overnight courier:

  
Broadridge Corporate Issuer Solutions, Inc.
Attn: BCIS IWS
51 Mercedes Way
Edgewood, New York 11717
(855) 793-5068

Under the rights offering, Cytori has distributed one
non-transferable subscription right for each share of common stock
held on the previously announced record date of May 20, 2016.  Each
right entitles the holder to purchase one unit at the subscription
price of $2.90 per unit, composed of one share of common stock and
0.5 of a warrant, with each whole warrant exercisable to purchase
one share of common stock at an exercise price of $3.48 per share
for 30 months from the date of issuance. Cytori has applied to list
the warrants on NASDAQ, although there is no assurance that a
sufficient number of subscription rights will be exercised so that
the warrants will meet the minimum listing criteria to be accepted
for listing on NASDAQ under the symbol "CTYXW."  The warrants may
be redeemed by Cytori prior to their expiration if Cytori's common
stock closes above $8.70 per share for 10 consecutive trading days.
The subscription rights are non-transferrable and may only be
exercised during the anticipated subscription period through 5:00
p.m. ET on Thursday, June 9, 2016, unless extended.  A registration
statement relating to these securities has been declared effective
by the Securities and Exchange Commission.

Holders who fully exercise their basic subscription rights will be
entitled, if available, to subscribe for an additional amount of
units that are not purchased by other stockholders, on a pro rata
basis and subject to ownership limitations.

Cytori has engaged Maxim Group LLC as dealer-manager for the rights
offering.

Each stockholder of record as of May 20, 2016, will receive by mail
an information packet that explains the rights offering.
Stockholders with specific questions are urged to contact
Broadridge Corporate Issuer Solutions, Cytori's information agent
for the rights offering, by calling (855) 793-5068 (toll-free); or
Maxim Group LLC, 405 Lexington Avenue, New York, NY 10174,
Attention Syndicate Department, email: syndicate@maximgrp.com or
telephone (212) 895-3745.

The Company's registration statement on Form S-1 was declared
effective by the U.S. Securities and Exchange Commission (SEC) on
May 26, 2016.  The prospectus as well as prospectus supplement no.
1 thereto dated May 31, 2016, and all of the Company's SEC filings
may be found in the Investor Relations section of Cytori's website
at www.ir.cytori.com.

                           About Cytori

Based in San Diego, California, Cytori Therapeutics (NASDAQ: CYTX)
-- http://www.cytori.com/-- is an emerging leader in providing    

patients and physicians around the world with medical
technologies, which harness the potential of adult regenerative
cells from adipose tissue.  The Company's StemSource(R) product
line is sold globally for cell banking and research applications.

Cytori reported a net loss allocable to common stockholders of
$19.4 million on $4.83 million of product revenues for the year
ended Dec. 31, 2015, compared to a net loss allocable to common
stockholders of $38.5 million on $4.95 million of product revenues
for the year ended Dec. 31, 2015.

As of March 31, 2016, Cytori had $32.9 million in total assets,
$25.2 million in total liabilities and $7.74 million in total
stockholders' equity.

KPMG LLP, in San Diego, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company's recurring losses
from operations and liquidity position raises substantial doubt
about its ability to continue as a going concern.


ELBIT IMAGING: Announces First Quarter Results for 2016
-------------------------------------------------------
Elbit Imaging Ltd. reported a loss of NIS 65.16 million on
NIS 78.17 million of total revenues for the three months ended
March 31, 2016, compared to a loss of NIS 129.88 million on
NIS 42.88 million of total revenues for the same period in 2015.

As of March 31, 2016, Elbit Imaging had NIS 2.70 billion in total
assets, NI$2.46 billion in ttoal liabilities and NIS 242.18 million
in shareholders' equity.

Consolidated revenues and gains for Q1 2016 amounted to NIS 98
million (US$ 26 million) compared to NIS 67 million in the
corresponding period in 2015.

   * Revenues from sale of commercial centers amounted to 47
     million in Q1 2016 compared to nil in Q1 2015.  Such revenues
     in Q1 2016 was mainly attributable to the sale of Liberec
     Plaza commercial centers in Czech Republic by the Company's
     44.9% subsidiary, Plaza Centers N.V. ("PC"), and the sale of
     plots in Romania and Poland by PC.

   * Rental income from commercial centers decreased in Q1 2016 to

     NIS 19 million (US$ 5 million) compared to NIS 24 million in
     Q1 2015.  The decrease was mainly attributable to (i)
     decrease in income from Koregaon commercial center which was
     sold in May 2015 (ii) decreases in revenues from the
     entertainment parks within the commercial centers (iii)
     decrease in the same commercial centers rental income.

   * Cost of commercial centers increased in Q1 2016 to NIS 60
     million (US$ 16 million) compared to NIS 18 million in Q1
     2015.  The increase attributable to cost of the commercial
     centers and the Plots sold during Q1 2016 in the total amount

     of NIS 47 million compared to nil in Q1 2015 partially offset

     by decrease in operational expenses of the commercial centers

     from NIS 18 million in Q1 2015 to NIS 13 million in Q1 2016.

   * Revenues from hotels operation and management in Q1 2016
     amounted to NIS 31 million (US$ 8 million) compared to NIS 43

     million in Q1 2015.  The decrease was mainly attributable to
     the sale of our hotels in Antwerp, Belgium in June 2015
     offset by an increase in the revenue of the Radisson Blu
     Hotel in Bucharest Romania.

   * Costs and expenses of hotels operation and management
     decreased in Q1 2016 to NIS 28 million (US$ 7 million)
     compared to NIS 39 million in Q1 2015.  The decrease resulted
     from the decrease in the revenue as mentioned above.

   * General and administrative expenses amounted to NIS 3 million

    (US$ 1 million) in Q1 2016 compared to NIS 4 million in Q1
     2015.  The decrease in mainly attributable to efficiency
     measures taken by the Company reducing the general and
     administrative costs in the Company's headquarters.

   * Share in losses of associates, net amounted to NIS 11 million

    (US$ 3 million) in Q1 2016 compared to NIS 14 million in Q1
     2015.  Such losses were mainly attributable to the Company's
     share in the losses of its Medical portfolio companies,
     InSightec Ltd and Gamida Cell Ltd.

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

                         https://is.gd/OESYVe

                          About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Elbit Imaging had NIS
778.25 million in total assets, NIS 758.96 million in total
liabilities and NIS 19.28 million in shareholders' equity.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


ELBIT IMAGING: Board Approves New Notes Buyback Programs
--------------------------------------------------------
Elbit Imaging Ltd. announced that its board of directors approved a
new program to repurchase up to NIS 40 million (approximately $10.4
million) of Elbit's Notes, which are traded on the Tel Aviv Stock
Exchange.  The Company's board of directors has determined that
until further notice, the Company will purchase only Series H
Notes.  The repurchases will be made from time to time in the open
market on the Tel Aviv Stock Exchange, in privately negotiated
transactions or in a combination of the two, commencing the date of
this announcement and for a period of 12 months.  The repurchase
program does not require the Company to acquire any or a specific
amount of notes, and it may be modified, suspended, extended or
discontinued without prior notice.  Repurchase Notes under this
program depends on factors such as market conditions and legal
compliance.  Notes repurchased by the Company will be canceled and
removed from trading.

In accordance with the existing loan agreement with Bank Hapoalim
(as amended), the Company will be required to prepay principal
amount of approximately NIS 4 million if the Notes buyback will be
fully executed.

                       About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Elbit Imaging had NIS
778.25 million in total assets, NIS 758.96 million in total
liabilities and NIS 19.28 million in shareholders' equity.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


ELBIT IMAGING: Investor Presentation Now Available on Website
-------------------------------------------------------------
Elbit Imaging Ltd. announced that it has placed an Investor
Relations Presentation on the Company's Web site at
http://www.elbitimaging.com/under: "Investor Relations - Group
Presentations - Company Presentation".

                       About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Elbit Imaging had NIS
778.25 million in total assets, NIS 758.96 million in total
liabilities and NIS 19.28 million in shareholders' equity.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


EXTREME PLASTICS: Exclusive Plan Filing Period Extended to Aug. 31
------------------------------------------------------------------
The Hon. Christopher S. Sontchi of the U.S. Bankruptcy Court for
the District of Delaware has extended, at the behest of Extreme
Plastics Plus, Inc., and EPP Intermediate Holdings, Inc., the the
exclusive right to file a Chapter 11 plan by 94 days, through and
including Aug. 31, 2016, and solicit acceptances of the plan
through and including Oct. 30, 2016.

As reported by the Troubled Company Reporter on May 20, 2016, the
Debtors sought the extensions, telling the Court that there is
insufficient time remaining before the end of the exclusive periods
for the Debtors to complete the sale process and negotiate a
restructuring proposal.  The lender-supported marketing and sale
process as well as the consensual tenure of discussions between the
agent and the Official Committee of Unsecured Creditors on
typically "hot-button" issues like lien challenges and avoidance
actions shows that the Debtors are making progress towards a
consensual restructuring.

                   About Extreme Plastics Plus

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

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

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

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

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

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

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


FELD LIMITED: Wants Exclusive Plan Filing Deadline Moved to Oct. 3
------------------------------------------------------------------
Feld Limited Partnership asks the U.S. Bankruptcy Court for the
Eastern District of Wisconsin to extend Feld Limited Partnership
the exclusive period for the Debtor to file a Chapter 11 plan to
Oct. 3, 2016.

The Debtor's exclusive period for filing a Chapter 11 plan will
expire on June 3, 2016.

The Debtor spent several weeks cleaning up and refurbishing the
Madison Street building in order to get it ready to show to
prospective tenants and purchasers.  Since it has come on the
market, there have been two showings to serious potential
purchasers who are actively seeking properties in the Green Bay
market.  One would involve a conversion of the property to a
different use by a national credit tenant.  The other would involve
a firm looking for professional office space and an investment
opportunity.  The listing price is $3.7 million and was determined,
between the Debtor and the broker, based on comparable sales of
similar properties in the Green Bay market.

Since the filing of the petition, the Debtor has obtained an offer
to purchase on the Velp Avenue property.  On June 7, 2016, the
financing contingency will expire and the buyer will either proceed
to closing or seek an extension.  The contract price is $900,000.
The Debtor has, since the offer to purchase was signed, executed a
lease with Denmark State Bank for 2,650 feet, including a
drive-through for the bank, which tenant will serve as an "anchor"
for this retail center.  The Debtor was also informed that the
potential purchaser is also lining up tenants for the property and
believes that the sale will ultimately consummate.

David Donoian, the Colliers International agent, is actively
marketing the property, continues to contact potential
lessees/buyers on an ongoing basis.  The Debtor, in conjunction
with the broker, believes that an extension of 120 days to continue
to market the property is reasonable, given the nature of the
property and the market.  Given the inventory of other similar
properties on the market, what is believed to be a favorable
listing price, and the Debtor's experience in the market, some
significant interest and, most likely, an offer, should be able to
be secured during that time frame.

The Debtor has also re-tenanted a vacancy in its Riverside Drive
office building.  The Debtor also renegotiated and re-signed four
leases with existing tenants in April 2016 and four renewals in May
2016.  

Expenses have been reduced as the Debtor is not performing services
related to the Madison Street building, which it had prior to the
vacation by Humana.

The Debtor has significant cash on hand and its performance is
improving, as can be demonstrated by the financial projections.
The Debtor believes that it is in the best position to market the
property, has secured a very qualified real estate broker who is
working hard to market the property, and that it has managed the
balance of the properties and their tenants appropriately during
the term of this Chapter 11 proceeding.

The Debtors are represented by:

      Steinhilber, Swanson, Mares,
      Marone & McDermott
      Paul G. Swanson, Esq.
      107 Church Avenue, P.O. Box 617
      Oshkosh, WI 54903-0617
      Tel: (920) 426-0456
      Fax: (920) 426-5530
      E-mail: pswanson@oshkoshlawyers.com

                    About Feld Limited Partnership

Feld Limited Partnership, engaged in the business of leasing and
managing real properties in the Madison and Green Bay areas, filed
a Chapter 11 bankruptcy petition (Bank. E.D. Wisc. Case No.
16-20826) on Feb. 3, 2016.  Dennis J. Feld signed the petition as
general partner.  The Debtor disclosed total assets of $15.17
million and total debts of $7.50 million.  Steinhilber, Swanson,
Mares, Marone & McDermott serves as the Debtor's counsel.


FIRST DATA: Winslow Capital Files Schedule 13G with SEC
-------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Winslow Capital Management, LLC disclosed that as of
May 31, 2015, it does not beneficially own shares of common stock
of First Data Corporation.  A copy of the regulatory filing is
available for free at https://is.gd/c91QEN

                          About First Data

Based in Atlanta, Georgia, First Data Corporation provides
commerce and payment solutions for financial institutions,
merchants, and other organizations worldwide.

First Data reported a net loss attributable to the Company of $1.48
billion on $11.5 billion of total revenues for the year ended Dec.
31, 2015, compared to a net loss attributable to the Company of
$458 million on $11.2 billion of total revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, First Data had $33.72 billion in total
assets, $30.04 billion in total liabilities, $73 million in
redeemable noncontrolling interest and $3.61 billion in total
equity.

                           *     *     *

The Company carries a 'B2' corporate family rating, with a
stable outlook, from Moody's Investors Service, a 'B+' corporate
credit rating, with stable outlook, from Standard & Poor's, and
a 'B' long-term issuer default rating from Fitch Ratings.


FLORIDA MODIFICATION: Seeks to Hire Sebree as Accountant
--------------------------------------------------------
Florida Modification Specialists, LLC seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire Sebree
Inc. as its accountant.

The Debtor tapped the firm to provide accounting services, which
include preparing, reviewing and commenting on budgets and business
plans of the Debtor; and accounting forensics in connection with
the Debtor's operations and sale of its assets.

Sebree will be paid $120 per hour for its services and will receive
reimbursement for work-related expenses.

                    About Florida Modification

Florida Modification Specialists, LLC sought protection under
Chapter 11 of the Bankruptcy Code in the Middle District of Florida
(Tampa) (Case No. 16-04455) on May 23, 2016.  The petition was
signed by Donald Bruce, manager.  

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


FLORIDA MODIFICATION: Taps Merritt Law Office as Legal Counsel
--------------------------------------------------------------
Florida Modification Specialists, LLC seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire Merritt
Law Office, P.A. as its legal counsel.

The Debtor tapped the firm to:

     (a) provide legal advice about its powers and duties as
         debtor-in-possession;

     (b) prepare legal papers;

     (c) appear before the bankruptcy court and the U.S. trustee;

     (d) take all necessary legal steps to confirm a plan of
         reorganization;

     (e) represent the Debtor in all adversary suits, contested
         matters and matters involving administration of the
         Debtor's case;

     (f) represent the Debtor in any negotiations with potential
         financing sources and prepare documents necessary to
         obtain financing;

     (g) take any necessary action to recover voidable transfers
         and avoid any liens against the Debtor's property
         obtained within 90 days of the filing of case; and

     (h) enjoin or stay suits against the Debtor.

Prior to the Debtor's bankruptcy filing, Merritt Law Office
received a retainer in the amount of $20,000.  The Debtor has
agreed to pay the firm its fees and costs on a monthly basis, which
will be deducted from the retainer.

Keith Merritt, Esq., a member of Merritt Law Office, disclosed in a
court filing that no member of the firm represents or holds any
interest adverse to the Debtor.

The Debtor can be reached through:

     Keith P. Merritt, Esq.
     Merritt Law Offices, P.A.
     P.O. Box 92412
     Lakeland, Florida 33804
     Phone: (863) 683-3333
     Fax: (863) 937-9333
     Email: bk@merrittlawoffice.net

                    About Florida Modification

Florida Modification Specialists, LLC sought protection under
Chapter 11 of the Bankruptcy Code in the Middle District of Florida
(Tampa) (Case No. 16-04455) on May 23, 2016.  The petition was
signed by Donald Bruce, manager.  

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


FORTESCUE METALS: Bank Debt Trades at 7% Off
--------------------------------------------
Participations in a syndicated loan under which Fortescue Metals
Group Ltd is a borrower traded in the secondary market at 93.48
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.39 percentage points from the
previous week.  Fortescue Metals pays 275 basis points above LIBOR
to borrow under the $4.95 billion facility. The bank loan matures
on June 13, 2019 and carries Moody's Ba2 rating and Standard &
Poor's /BB+ rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended May 27.


FUTUREWORLD CORP: Turner Stone Expresses Going Concern Doubt
------------------------------------------------------------
Futureworld Corp. filed with the Securities and Exchange Commission
its annual report on Form 10-K disclosing a net loss of $1.54
million on $41,319 of total operating revenue for the year ended
March 31, 2015, compared to a net loss of $156,319 on $0 of total
operating revenue for the year ended March 31, 2014.

As of March 31, 2015, Futureworld had $333,836 in total assets,
$1.15 million in total liabilities and a total stockholders'
deficit of $824,930.

Turner, Stone & Company, L.L.P., in Dallas, Texas, issued a "going
concern" qualification on the consolidated financial statements for
the year ended March 31, 2015, citing that the Company requires a
substantial amount of additional financing in order to operate and
grow its business either directly or through its subsidiaries,
which raises substantial doubt about its ability to continue as a
going concern.  

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

                      https://is.gd/CCULS8

                     About Futureworld Corp.

Saint Petersburg, Florida-based FutureWorld Corp. (FWDG) is a
provider of technologies and solutions to the global cannabis
industry.  FutureWorld, together with its subsidiaries, is focused
on the identification, acquisition, development, and
commercialization of cannabis related products and services, like
industrial hemp.


GARRETSON'S MACHINE: Unsecureds to Get 100% Under Plan
------------------------------------------------------
Garretson's Machine and Fabrication, Inc., filed with the U.S.
Bankruptcy Court for the Southern District of West Virginia an
amended disclosure statement describing a plan of reorganization
that proposes to pay a dividend of 100% to general unsecured
creditors based upon 20 quarterly payments, without interest, of
$1,802 per quarter.

Claims in this class total the sum of $36,042, including the
unsecured claim of the Internal Revenue Service in the amount of
$10,698.

A full-text copy of the Disclosure Statement dated May 31, 2016, is
available at http://bankrupt.com/misc/GARRETSONSds0531.pdf

Garretson's Machine and Fabrication, Inc. (Bankr. S.D.W.Va., Case
No.: 15-20233) filed a Chapter 11 Petition on April 28, 2015.  The
case is assigned to Judge Ronald G. Pearson.  The Debtor's counsel
is Joseph W. Caldwell, Esq., at Caldwell & Riffee, in Charleston,
West Virginia.  The estimated assets range from $1 million to $10
million and estimated liabilities range from $500,000 to $1
million.  The petition was signed by Keith G. Garretson, Jr.,
president.


GATES GROUP: Bank Debt Trades at 4% Off
---------------------------------------
Participations in a syndicated loan under which Gates Group is a
borrower traded in the secondary market at 96.15
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.45 percentage points from the
previous week.  Gates Group pays 325 basis points above LIBOR to
borrow under the $2.49 billion facility. The bank loan matures on
Sept. 18, 2021 and carries Moody's B2 rating and Standard & Poor's
B+ rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 27.


GEIGER DEVELOPMENT: Case Summary & 9 Top Unsecured Creditors
------------------------------------------------------------
Debtor: Geiger Development, Inc.
        1207 Stoystown Road
        Friedens, PA 15541

Case No.: 16-70427

Chapter 11 Petition Date: June 2, 2016

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Johnstown)

Judge: Hon. Jeffery A. Deller

Debtor's Counsel: Robert O Lampl, Esq.
                  960 Penn Avenue, Suite 1200
                  Pittsburgh, PA 15222
                  Tel: 412-392-0330
                  Fax: 412-392-0335
                  E-mail: rol@lampllaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Larry Mostoller, Jr.,
secretary/treasurer.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/pawb16-70427.pdf


GLACIAL MATERIALS: Wants Access to Secured Creditors' Collateral
----------------------------------------------------------------
Glacial Materials, LLC, ask the U.S. Bankruptcy Court for
permission to access cash collateral pledged to repay about $1.9
million to First Niagara Bank and a subordinated obligation of
$152,800 to DT Equipment, LLC.  The Debtor tells the Court that the
liquidation value of its assets exceeds what it owes its secured
creditors.  The Debtor tells the Court that its need to access the
secured creditors' cash collateral is urgent because the debtor
needs to pay insurance premiums and utility bills.  

Glacial Materials, LLC, based in Buffalo, N.Y., sought chapter 11
protection (Bankr. W.D.N.Y. Case No. 16-10907) on May 5, 2016, is
represented by Robert B. Gleichenhaus, Esq., at Gleichenhaus,
Marchese & Weishaar, P.C., in Buffalo, N.Y., and estimated its
assets and debts at less than $10 million at the time of the
filing.  


GOLDEN MARINA: Wants Exclusive Plan Filing Extended to July 3
-------------------------------------------------------------
Golden Marina Causeway LLC asks the Hon. Donald R. Cassling of the
U.S. Bankruptcy Court for the Northern District of Illinois to
extend by one month the exclusivity periods and the deadline to
file a plan and disclosure statement to July 3, 2016, and Sept. 2,
2016, respectively.

A hearing on the request is set for June 8, 2016, at 10:30 a.m.

The Debtor is pursuing a motion for post-petition financing and to
sell property, which is subject to objections.  Whether the propose
financing and sale will go forward will have a large effect on the
Debtor's Chapter 11 plan.  While the objections have not yet been
resolved, the Debtor wishes to continue pursuing the financing and
sale motion.  

On May 17, the Debtor filed a motion for post-petition financing,
and to sell its major asset.  A hearing on that request and the
objections is scheduled for June 8, 2016.  In the meantime, this
Court set a deadline of June 5, 2016, for the Debtor to file its
plan and disclosure statement.  This is the same date that the
Debtor's 120-day exclusivity period would expire under Sections
1121(b) and (c).

The Debtor is represented by:

      William J. Factor, Esq.
      Jeffrey K. Paulsen, Esq.
      FACTORLAW
      105 W. Madison Street, Suite 1500
      Chicago, IL 60602
      Tel: (847) 239-7248
      Fax: (847) 574-8233
      E-mail: wfactor@wfactorlaw.com
              jpaulsen@wfactorlaw.com

                   About Golden Marina Causeway

Golden Marina Causeway LLC, owns two parcels of real estate,
located at 302 and 311 East Greenfield Avenue in Milwaukee,
Wisconsin.  The parcel at 311 E. Greenfield consists of 47 acres
and the smaller parcel at 302 E. Greenfield is approximately 1
acre.

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D.
Ill.
Case No. 15-22373) on June 29, 2015.  On July 2, 2015, L.
Fromelius
Investment Properties LLC ("Investment Properties") filed a
petition for relief under Chapter 11 of the Bankruptcy Code under
Case No. 15-22943, and on Feb. 5, 2016, Golden Marina Causeway LLC
filed for relief under Chapter 11, under Case No. 16-03587.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sale member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.


GREENVIEW BUILDERS: Seeks to Hire Goldstein as Legal Counsel
------------------------------------------------------------
Greenview Builders and Cabinetry Designers, Inc. seeks approval
from the U.S. Bankruptcy Court for the Northern District of
Illinois to hire Goldstein & McClintock LLLP as its legal counsel.

Greenview Builders tapped the firm to:

     (a) give advice about its powers and duties as a debtor-in-
         possession;

     (b) attend meetings and negotiate with representatives of
         creditors and other parties;

     (c) take all necessary action to protect and preserve the
         Debtor's estate, including prosecuting actions on its
         behalf and defending any action commenced against the
         Debtor;

     (d) prepare legal papers;

     (e) take any necessary action on behalf of the Debtor to
         obtain approval of a disclosure statement and
         confirmation of the Debtor's plan of reorganization;

     (f) advise the Debtor in connection with any potential sale
         of assets;

     (g) appear before the bankruptcy court, any appellate courts,

         and the U.S. trustee; and

     (h) provide other legal services in connection with the
         Chapter 11 case, including the analysis of the Debtor's
         leases and executory contracts.

Goldstein's billing rates for attorneys for 2016 range from $195
per hour for associates to $725 per hour for senior partners.  Time
devoted by legal assistants and law clerks for 2016 is expected to
be charged at billing rates ranging from $105 to $225 per hour.

Harold Israel and Sean Williams, the firm's attorneys who are
expected to provide the services, will be paid $525 per hour and
$285, respectively.

Goldstein will receive reimbursement for work-related expenses.

In a court filing, Mr. Israel, Esq., a partner at Goldstein,
disclosed that the firm does not hold or represent any interest
materially adverse to the interest of the Debtor's estate.

Goldstein can be reached through:

     Harold D. Israel, Esq.
     Sean P. Williams, Esq.
     Goldstein & McClintock LLLP
     208 South LaSalle Street, Suite 1750
     Chicago, Illinois 60604
     Telephone: (312) 337-7700
     Facsimile: (312) 277-2310
     Email: haroldi@goldmclaw.com

                    About Greenview Builders

Greenview Builders and Cabinetry Designers, Inc. sought protection
under Chapter 11 of the Bankruptcy Code in the Northern District of
Illinois (Chicago) (Case No. 16-16636) on May 17, 2016.  

The petition was signed by Yuri M. Birg, president.  The case is
assigned to Judge Deborah L. Thorne.

The Debtor estimated assets of $0 to $50,000 and debts of $1
million to $10 million.


HARRINGTON MACHINE: 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 Harrington Machine and Tool Company Inc.

                    About Harrington Machine

Harrington Machine and Tool Company Inc. sought Chapter 11
protection (Bankr. W.D. Pa. Case No. 16-10340) on April 12, 2016.
The case judge is Hon. Thomas P. Agresti.  The Debtor tapped Daniel
P. Foster, Esq., at Foster Law Offices, as counsel.  The Debtor
estimated $1 million to $10 million in assets and debt.

The Debtor has been granted the interim use of cash collateral and
the authority to pay prepetition wages to its employees by orders
of Court dated April 15, 2016.


HCSB FINANCIAL: Appoints John Pietrzak as Director
--------------------------------------------------
The Board of Directors of HCSB Financial Corporation appointed John
T. Pietrzak as a member of the Company's Board of Directors,
effective May 26, 2016, as disclosed in a regulatory filing with
the Securities and Exchange Commission.  Mr. Pietrzak was also
appointed to the Board of Directors of the Company's subsidiary
bank, Horry County State Bank.

Mr. Pietrzak will serve as the director representative for Castle
Creek Capital Partners VI, LP under the side letter agreement
entered into between the Company and Castle Creek dated April 11,
2016, which provides that Castle Creek is entitled to have one
representative appointed to the Company's Board of Directors for so
long as it, together with its respective affiliates, owns, in the
aggregate, 5% or more of all of the outstanding shares of common
stock or 50% or more of its purchased shares.  Mr. Pietrzak is a
managing principal of Castle Creek Capital and has worked as a
member of that company's senior management team since 2005.  Mr.
Pietrzak holds a Bachelor of Science in Accounting from Indiana
University and an M.B.A. from The Wharton School at the University
of Pennsylvania and is a CFA charter holder.

No committee appointments for Mr. Pietrzak have been made at this
time.  There has been no transaction, or proposed transaction, to
which we were or are to be a party in which Mr. Pietrzak had or has
a direct or indirect material interest required to be disclosed
under Item 404(a) of SEC Regulation S-K.  The Company currently
does not pay director fees or fees for attending committee
meetings.

                       About HCSB Financial

Loris, South Carolina-based HCSB Financial Corporation was
incorporated on June 10, 1999, to become a holding company for
Horry County State Bank.  The Bank is a state chartered bank which
commenced operations on Jan. 4, 1988.  From its 13 branch
locations, the Bank offers a full range of deposit services,
including checking accounts, savings accounts, certificates of
deposit, money market accounts, and IRAs, as well as a broad range
of non-deposit investment services.  During the third quarter of
2011, the Bank closed its Covenant Towers branch located at Myrtle
Beach.  All deposits were transferred to the Bank's Myrtle Beach
branch and the Bank does not expect any disruption of service in
that market for its customers.

HCSB Financial reported a net loss available to common shareholders
of $1.75 million on $13.7 million of total interest income for the
year ended Dec. 31, 2015, compared to a net loss available to
common shareholders of $1.40 million on $16.09 million of total
interest income for the year ended Dec. 31, 2014.

As of March 31, 2016, HCSB Financial had $363 million in total
assets, $378 million in total liabilities and a total shareholders'
deficit of $14.6 million.

Elliott Davis Decosimo, LLC, in Columbia, South Carolina, 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 that have eroded regulatory
capital ratios and the Company's wholly owned subsidiary, Horry
County State Bank, is under a regulatory Consent Order with the
Federal Deposit Insurance Corporation (FDIC) that requires, among
other provisions, capital ratios to be maintained at certain
levels.  As of December 31, 2015, the Company's subsidiary is
considered significantly undercapitalized based on its regulatory
capital levels.  These considerations raise substantial doubt about
the Company's ability to continue as a going concern.  The Company
also has deferred interest payments on its junior subordinated
debentures for 20 consecutive quarters as of December 31, 2015.
Under the terms of the debentures, the Company may defer payments
for up to 20 consecutive quarters without creating a default.
Payment for the 20th quarterly interest deferral period was due in
March 2016.  The Company failed to pay the deferred and compounded
interest at the end of the deferral period, and the trustees of the
corresponding trusts, have the right, after any applicable grace
period, to exercise various remedies, including demanding immediate
payment in full of the entire outstanding principal amount of the
debentures.  The balance of the debentures and accrued interest as
of December 31, 2015 were $6,186,000 and $901,000, respectively.
These events also raise substantial doubt about the Company's
ability to continue as a going concern as of Dec. 31, 2015.


HCSB FINANCIAL: Minimum Size of Directors Set to Five
-----------------------------------------------------
HCSB Financial Corporation's Board of Directors amended and
restated the Company's Bylaws to decrease the minimum size of the
Board of Directors, to permit shares of the Company's capital stock
to be held in uncertificated form, to opt out of the South Carolina
Control Share Acquisitions Statute, and to update certain other
provisions of the Amended and Restated Bylaws for recent
developments with the Company, including to delete references to
the Company's Series T Preferred Stock, which was repurchased and
cancelled by the Company on April 11, 2016.

The number of directors of the Corporation will be that number as
may be fixed from time to time by resolution of the Board of
Directors, but in no event shall the number be less than five or
greater than 25.

A copy of the Amended Bylaws is available for free at:

                       https://is.gd/1PqUuI

                      About HCSB Financial

Loris, South Carolina-based HCSB Financial Corporation was
incorporated on June 10, 1999, to become a holding company for
Horry County State Bank.  The Bank is a state chartered bank which
commenced operations on Jan. 4, 1988.  From its 13 branch
locations, the Bank offers a full range of deposit services,
including checking accounts, savings accounts, certificates of
deposit, money market accounts, and IRAs, as well as a broad range
of non-deposit investment services.  During the third quarter of
2011, the Bank closed its Covenant Towers branch located at Myrtle
Beach.  All deposits were transferred to the Bank's Myrtle Beach
branch and the Bank does not expect any disruption of service in
that market for its customers.

HCSB Financial reported a net loss available to common shareholders
of $1.75 million on $13.7 million of total interest income for the
year ended Dec. 31, 2015, compared to a net loss available to
common shareholders of $1.40 million on $16.09 million of total
interest income for the year ended Dec. 31, 2014.

As of March 31, 2016, HCSB Financial had $363 million in total
assets, $378 million in total liabilities and a total shareholders'
deficit of $14.6 million.

Elliott Davis Decosimo, LLC, in Columbia, South Carolina, 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 that have eroded regulatory
capital ratios and the Company's wholly owned subsidiary, Horry
County State Bank, is under a regulatory Consent Order with the
Federal Deposit Insurance Corporation (FDIC) that requires, among
other provisions, capital ratios to be maintained at certain
levels.  As of December 31, 2015, the Company's subsidiary is
considered significantly undercapitalized based on its regulatory
capital levels.  These considerations raise substantial doubt about
the Company's ability to continue as a going concern.  The Company
also has deferred interest payments on its junior subordinated
debentures for 20 consecutive quarters as of December 31, 2015.
Under the terms of the debentures, the Company may defer payments
for up to 20 consecutive quarters without creating a default.
Payment for the 20th quarterly interest deferral period was due in
March 2016.  The Company failed to pay the deferred and compounded
interest at the end of the deferral period, and the trustees of the
corresponding trusts, have the right, after any applicable grace
period, to exercise various remedies, including demanding immediate
payment in full of the entire outstanding principal amount of the
debentures.  The balance of the debentures and accrued interest as
of December 31, 2015 were $6,186,000 and $901,000, respectively.
These events also raise substantial doubt about the Company's
ability to continue as a going concern as of Dec. 31, 2015.


HCSB FINANCIAL: Signs Noncompete Agreement with CEO
---------------------------------------------------
HCSB Financial Corporation and its subsidiary bank, Horry County
State Bank entered into a noncompete agreement with Jan H. Hollar,
the Company's and the Bank's chief executive officer.  Under the
terms of the noncompete agreement, Ms. Hollar is entitled, upon
termination of her employment, to receive an amount equal to her
then current monthly base salary on the last business day of each
month for a period of twelve months following her termination of
employment with the Company and the Bank in exchange for her
agreement to abide by certain restrictive covenants regarding
competition with the Company and the Bank for twelve months
following her termination of employment.

                       About HCSB Financial

Loris, South Carolina-based HCSB Financial Corporation was
incorporated on June 10, 1999, to become a holding company for
Horry County State Bank.  The Bank is a state chartered bank which
commenced operations on Jan. 4, 1988.  From its 13 branch
locations, the Bank offers a full range of deposit services,
including checking accounts, savings accounts, certificates of
deposit, money market accounts, and IRAs, as well as a broad range
of non-deposit investment services.  During the third quarter of
2011, the Bank closed its Covenant Towers branch located at Myrtle
Beach.  All deposits were transferred to the Bank's Myrtle Beach
branch and the Bank does not expect any disruption of service in
that market for its customers.

HCSB Financial reported a net loss available to common shareholders
of $1.75 million on $13.7 million of total interest income for the
year ended Dec. 31, 2015, compared to a net loss available to
common shareholders of $1.40 million on $16.09 million of total
interest income for the year ended Dec. 31, 2014.

As of March 31, 2016, HCSB Financial had $363 million in total
assets, $378 million in total liabilities and a total shareholders'
deficit of $14.6 million.

Elliott Davis Decosimo, LLC, in Columbia, South Carolina, 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 that have eroded regulatory
capital ratios and the Company's wholly owned subsidiary, Horry
County State Bank, is under a regulatory Consent Order with the
Federal Deposit Insurance Corporation (FDIC) that requires, among
other provisions, capital ratios to be maintained at certain
levels.  As of December 31, 2015, the Company's subsidiary is
considered significantly undercapitalized based on its regulatory
capital levels.  These considerations raise substantial doubt about
the Company's ability to continue as a going concern.  The Company
also has deferred interest payments on its junior subordinated
debentures for 20 consecutive quarters as of December 31, 2015.
Under the terms of the debentures, the Company may defer payments
for up to 20 consecutive quarters without creating a default.
Payment for the 20th quarterly interest deferral period was due in
March 2016.  The Company failed to pay the deferred and compounded
interest at the end of the deferral period, and the trustees of the
corresponding trusts, have the right, after any applicable grace
period, to exercise various remedies, including demanding immediate
payment in full of the entire outstanding principal amount of the
debentures.  The balance of the debentures and accrued interest as
of December 31, 2015 were $6,186,000 and $901,000, respectively.
These events also raise substantial doubt about the Company's
ability to continue as a going concern as of Dec. 31, 2015.


HERCULES OFFSHORE: Case Summary & 35 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                          Case No.
      ------                                          --------
      Hercules Offshore, Inc.                         16-11385
      9 Greenway Plaza, Suite 2200
      Houston, TX 77046

      Cliffs Drilling Company                         16-11386
      Cliffs Drilling Trinidad L.L.C.                 16-11387
      FDT LLC                                         16-11388
      FDT Holdings LLC                                16-11389
      Hercules Drilling Company, LLC                  16-11390
      Hercules Offshore Services LLC                  16-11391
      Hercules Offshore Liftboat Company LLC          16-11392
      HERO Holdings, Inc.                             16-11393
      SD Drilling LLC                                 16-11394
      THE Offshore Drilling Company                   16-11395
      THE Onshore Drilling Company                    16-11396
      TODCO Americas Inc.                             16-11397
      TODCO International Inc.                        16-11398

Type of Business: Providers of shallow-water drilling and marine
                  services to the oil and natural gas exploration
                  and production industry globally.

Chapter 11 Petition Date: June 5, 2016

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtors'
General
Bankruptcy
Counsel:             Michael S. Stamer, Esq.
                     Philip C. Dublin, Esq.
                     David H. Botter, 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
                             pdublin@akingump.com
                             dbotter@akingump.com

                       - and -

                     Kevin M. Eide, Esq.
                     AKIN GUMP STRAUSS HAUER & FELD LLP
                     1333 New Hampshire Avenue, N.W.
                     Washington, D.C. 20036
                     Tel: (202) 887-4000
                     Fax: (202) 887-4288
                     E-mail: keide@akingump.com

Debtors'
Co-Counsel:          Robert J. Dehney, Esq.
                     Eric D. Schwartz, Esq.
                     Matthew B. Harvey, Esq.
                     MORRIS, NICHOLS, ARSHT & TUNNELL LLP
                     1201 N. Market St., 16th Flr.
                     PO Box 1347
                     Wilmington, DE 19899-1347
                     Tel: (302) 658-9200
                     Fax: (302) 658-3989
                     E-mail: rdehney@mnat.com
                            eschwartz@mnat.com
                            mharvey@mnat.com
                            tminott@mnat.com

Debtors'             
Financial
Advisor:             PJT PARTNERS, INC.

Debtors'
Restructuring
Advisor:             FTI CONSULTING, INC.

Debtors'
Claims,
Notice &
Balloting
Agent:               PRIME CLERK LLC

Total Assets: $1.06 billion

Total Debt: $521.37 million

The petitions were signed by Troy L. Carson, vice president.

List of Debtor's 35 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Louisiana Department of Revenue         Taxes             Unknown
617 North Third Street
Baton Rouge, LA 70802
Kimberly L. Robinson
Tel: 855-307-3893
Fax: 225-923-4051
E-mail: business.inquiries@la.gov

Parish of Terrebonne                    Taxes             Unknown
P.O. Box 670
Houma, LA 70361
Mark Daigle
Sales & Use Tax Department
Tel: 985-876-3734
E-mail: madaigle@tpcg.org

Plaquemines Parish Sheriff Department   Taxes              Unknown
8022 Highway 23
Belle Chase, LA 70037

LaFourche Parish Assessor's Office      Taxes              Unknown

403 St. Louis St.
Thibodaux, LA 70301
E-mail: wendy@lpao.net

Seatrax, Inc.                        Trade Payable        $426,203
218 Gunther Lane
Bella Chase, LA 70037
Doug Morrow
Tel: 504-394-4600
Fax: 504-394-0031
E-mail: dmorrow@seatrax.com

Parish of Jefferson                      Taxes             Unknown
740 2nd Street
Gretna, LA 70053
Newell Norman
Tel: 504-736-6950
E-mail: sheriff@jpso.com

Crystal Offshore Construction         Trade Payable       $296,673
& Fabrication Pte Ltd.
No. 29 Pioneer Sector 1
Singapore
Sujith Sakharan
Tel: 65 686 15885
Fax: 65 686 11083

Parish of Lafayette                       Taxes            Unknown
lpsoinfo@lafayettesheriff.com

Parish of St. Mary                        Taxes            Unknown
1455 Railroad Ave
Morgan City, LA 70380

Compass Group Singapore PTE Ltd        Trade Payable      $211,409

Crosby Tugs Inc.                       Trade Payable      $206,884
E-mail: kurt@crosbytugs.com

SSE Marine Logistics PTE Ltd.          Trade Payable      $166,920
E-mail: accts@ssemarinelog.net

Cameron France SAS                     Trade Payable      $155,644

Highland Rope Access                   Trade Payable      $139,853
E-mail: neil.robertson@highlandos.com

Safety Management Systems              Trade Payable      $115,767
E-mail: SMS@Acadian.com

RigNet, Inc.                           Trade Payable       $94,367
E-mail: bob.ward@rig.net

Bradford Marine Services Pte Ltd.      Trade Payable       $85,702
E-mail: admin@bradmarine.com

Enquest Petro Solutions Private        Trade Payable       $80,417
Limited
E-mail: sanjeev.mittal@enquest.co.in

GJ Land & Marine Food                  Trade Payable       $77,041
Distributions, Inc.
E-mail: elind@gjfood.com

Clyde Union South East Asia Pte Ltd.   Trade Payable       $76,500
E-mail: bryan.tan@spx.com

Progressive Recruitment                Trade Payable       $70,818
a trading division of Sihree Pte Ltd.
E-mail:sgadmin@progressiverecruitment.com

Jurong Shipyard Ptee Ltd.              Trade Payable       $66,103
E-mail: sharon.lee@sembmarine.com

Cameron Singapore PTE ltd.             Trade Payable       $62,887
E-mail: shawn.yeo@c-a-m.com

Kongsberg Maritime                     Trade Payable       $53,577
E-mail: anders.kveseth@kongsberg.com

Kingston Systems, LLC                  Trade Payable       $51,844
E-mail: cgoetz@kingston-systems.com

NOV Rig Solutions Pte Ltd.             Trade Payable       $51,381
E-mail: singaporerigsolutionsparts
insidesles@nov.com

Cosin International PTE, Ltd.          Trade Payable       $50,470
E-mail: jeceve@aol.com

Oilfield Instrumentation USA           Trade Payable       $44,370
E-mail: hwhitney@oiusa.com

Aqualis Offshore, Inc.                 Trade Payable       $43,510
E-mail: briant.happ@aqualisoffhore.com

Tractors Singapore Ltd.                Trade Payable       $43,196
E-mail: lim.tau.cheng@tractors.simedarby.
com.sg

C&G Boats, Inc.                        Trade Payable       $41,870
E-mail: ckruse@cgboats.com

Fidelity Investments                   Trade Payable       $39,576
E-mail: joseph.palumbo@fmr.com

Martin Holdings, LLC                   Trade Payable       $38,127
E-mail: connie.plaisance@chouest.com

C Port/Stone LLC                       Trade Payable       $35,638
E-mail: oroussel@stoneoil.com

Smart Fabricators of Texas, LLC        Trade Payable       $34,465
E-mail: wayne@smartfabtex.com


HERCULES OFFSHORE: Files Voluntary Chapter 11 Bankruptcy Petition
-----------------------------------------------------------------
Hercules Offshore, Inc., on June 6, 2016, disclosed that, after
receiving votes on the Company's pre-packaged Chapter 11 Plan (the
"Plan") from lenders holding approximately 99.7% of the Company's
first lien debt (the "lenders"), with all such lenders voting to
accept the Plan, the Company and certain of its U.S. subsidiaries
have filed voluntary petitions under Chapter 11 of the United
States Bankruptcy Code.

Under the terms of the Plan, all of the Company's assets will be
marketed for sale, and those left unsold at the completion of the
Chapter 11 process will be placed into a wind-down vehicle to
ensure their continued, safe operation until sales are finalized.
The Company's international subsidiaries are not included as part
of the Chapter 11 cases but will be part of the sale process.

The Plan provides that unsecured creditors will be paid in full in
the ordinary course of business or at the completion of the Chapter
11 process.  Shareholders will receive cash recoveries and
interests in the wind-down vehicle if they vote as a class to
accept the Plan or just interests in the wind-down vehicle if the
class votes against the Plan.  Importantly, shareholders will have
to wait until the lenders are paid in full before receiving any
recovery on their interests if the class votes to reject the Plan
as opposed to receiving their pro rata share of $12.5 million on
the effective date of the Plan and incremental cash distributions
thereafter based on the success of the sale process if the class
votes to accept the Plan.  The lenders also will receive cash
payments largely dependent on the success of the sale process but
have agreed to compromise their own recoveries to pay unsecured
claims in full and provide a recovery to the Company's shareholders
before being paid in full if the shareholder class votes to accept
the Plan.

Hercules plans to operate its rigs and vessels as usual throughout
the sale process and to meet its commitments to employees,
customers and suppliers worldwide.  To this end, the Company has
filed the typical First Day Motions as part of its U.S. Chapter 11
case to continue its existing employee wage and benefit programs
and to maintain its insurance.  The Company also has filed a motion
to continue paying suppliers' claims for goods and services
delivered prior to the June 6 filings under normal payment terms
and fully expects to pay suppliers as usual for deliveries made
from June 6forward.

Hercules continues to solicit votes from its shareholders.  The
Company strongly encourages shareholders to vote in favor of the
Chapter 11 Plan because the Company believes shareholders will
receive greater value if they accept as opposed to reject the
Plan.

Hercules's Chapter 11 case is being heard in the United States
Bankruptcy Court for the District of Delaware.

Additional information is available at
http://www.herculesoffshore.com

Questions also may be directed to the Company's dedicated hotline
at 855-628-7532 (International: +1 917-651-0320) or via email at
herculesinfo@PrimeClerk.com.

The Company has engaged Akin Gump Strauss Hauer & Feld LLP as its
legal counsel, PJT Partners as its financial advisor and FTI
Consulting as its restructuring advisor.

                     About Hercules Offshore

Headquartered in Houston, Hercules Offshore, Inc. --
http://www.herculesoffshore.com/-- operates a fleet of 27 jackup
rigs, including one rig under construction, and 21 liftboats.  The
Company offers a range of services to oil and gas producers to meet
their needs during drilling, well service, platform inspection,
maintenance, and decommissioning operations in several key shallow
water provinces around the world.

On Aug. 13, 2015 Hercules Offshore and 14 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 15-11685) in the U.S.
Bankruptcy Court for the District of Delaware.  The cases are
pending before the Honorable Kevin J. Carey.

The Debtors tapped Baker Botts LLP as counsel; Morris, Nichols,
Arsht & Tunnell, as local counsel; Andrews Kurth LLP, as general
corporate counsel; Lazard Freres & Co. LLC, as investment banker,
Alvarez & Marsal, as restructuring advisor; and Prime Clerk, LLC,
as claims and noticing agent.

The Steering Group of Holders of Senior Notes is represented by
Akin Gump Strauss Hauer & Feld LLP's Arik Preis, Esq., and Michael
S. Stamer, Esq.

HERO disclosed $546 million in assets and $1.306 billion in debt as
of Aug. 11, 2015.

                           *     *     *

The Debtors on the Petition Date filed a pre-packaged Chapter 11
plan that would convert $1.2 billion of outstanding senior notes to
96.9% of new common equity.

The Debtors notified the U.S. Bankruptcy Court for the District of
Delaware that Effective Date of their Joint Prepackaged Plan of
Reorganization occurred on Nov. 6, 2015.

On Sept. 24, 2015, the Court approved the Debtors' solicitation and
Disclosure Statement; and confirmed the Prepackaged Plan.


HERCULES OFFSHORE: Seeks Joint Administration of Cases
------------------------------------------------------
Hercules Offshore, Inc., and its debtor affiliates asked the
Bankruptcy Court to enter an order directing the joint
administration of their Chapter 11 cases for procedural purposes
only and directing the Clerk of the Court to maintain one file and
one docket for all 14 cases under the Lead Case No. 16-11385.

According to the Debtors, joint administration of these cases will
eliminate the need for duplicative notices, applications, and
orders, thereby saving considerable time and expense for the
Debtors, their estates, and the Court.  Additionally, supervision
of the administrative aspects of the Chapter 11 cases by the Office
of the United States Trustee will be simplified.

"Because this is not a motion for substantive consolidation of the
Debtors' estates, the rights of the creditors of the Debtors will
not be affected adversely by the joint administration of these
cases because each creditor may file its claim against a particular
estate.  In fact, the rights of all creditors will be enhanced by
the reduction in costs resulting from joint administration," said
Matthew B. Harvey, Esq., at Morris, Nichols, Arsht & Tunnell LLP,
one of the Debtors' attorneys.

                       About Hercules Offshore

Hercules Offshore, Inc. and its debtor and non-debtor subsidiaries
are providers of shallow-water drilling and marine services to the
oil and natural gas exploration and production industry globally.

Hercules Offshore and 13 of its subsidiaries each filed a Chapter
11 bankruptcy petition (Bankr. D. Del. Proposed Lead Case No.
16-11385) on June 5, 2016.  The petition was signed by Troy L.
Carson as vice president.

The Debtors listed total assets of $1.06 billion and total debts of
$521.37 million as of March 31, 2016.
  
The Debtors have hired Akin Gump Srauss Hauer & Feld LLP as general
bankruptcy counsel, Morris, Nichols, Arsht & Tunnell LLP as
co-counsel, PJT Partners, Inc. as financial advisor, FTI
Consulting, Inc. as restructuring advisor, and Prime Clerk LLC as
claims, notice and balloting agent.


HEXION INC: Sells 50% Interest in HA-International
--------------------------------------------------
Hexion Inc. and Huttenes-Albertus Chemische Werke GmbH announced
that Hexion has sold its 50% interest in HA-International, LLC, a
joint venture serving the North American foundry industry, to its
joint venture partner HA-USA, Inc., an entity controlled by HA.

HAI is the market leading manufacturer and supplier of foundry
resin systems, resin coated sand for shell molding and refractory
coatings for North America.  HAI will continue a strategic sourcing
arrangement with Hexion's Louisville, Kentucky site.  Terms of the
transaction were not disclosed.

"This transaction represents an important step for HA and further
strengthens our foundry leadership position in the U.S.," said Dr.
Carsten Kuhlgatz, president and CEO, Huttenes-Albertus Chemische
Werke GmbH.  "The acquisition of Hexion's interest in the joint
venture demonstrates our long-term commitment as a solutions
provider that is well positioned to deliver sustainable customer
value within the foundry industry, while broadening our product
portfolio and providing innovative technologies to our customers
globally."

"We have operated HAI in close partnership with HA for many years
and have jointly developed that business into an industry leader in
the U.S.," said Craig O. Morrison, chairman, president and CEO,
Hexion.  "Although we have sold our ownership stake in HAI to our
joint venture partner, our relationship with HAI will continue in
all material respects as we focus on serving HAI customers without
interruption.  We look forward to serving HAI as a large and valued
customer."

Hexion and HAI have entered into long term toll agreements for the
supply of resins and special coated sands whereas HAI will provide
special coated sands and Hexion will provide resins.

              About Huttenes-Albertus Chemische Werke GmbH

Based in Düsseldorf, Germany, Huttenes-Albertus Werke GmbH reaches
back for more than 100 years and is a leading international
manufacturer of chemical products for the foundry industry.  Almost
2,000 dedicated employees in more than 30 countries develop and
produce foundry chemical solutions for customers around the world.
Additional information about Huttenes-Albertus Chemische Werke GmbH
and its products is available at www.huettenes-albertus.com.

                        About Hexion Inc.

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

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

As of March 31, 2016, Hexion had $2.37 billion in total assets,
$4.86 billion in total liabilities, and a total deficit of $2.49
billion.

                          *     *     *

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

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


HILLWINDS FAMILY: Has Continued Access to Avidia Bank's Collateral
------------------------------------------------------------------
Hillwinds Family Limited Partnership sought and obtained permission
from the U.S. Bankruptcy Court to continue using Avidia Bank's cash
collateral through and including July 31, 2016.  

As adequate protection for the Debtor's continued use of Avidia's
cash collateral, Avidia is granted a replacement lien pursuant to
and in accordance with 11 U.S.C. Secs. 363(c) and 361(2), in and to
all property of the kind presently securing the Debtor’s
obligations to Avidia, but only to the extent that the security
interests of and assignments of rents to Avidia are not avoidable
and to the extent of the validity, perfection, priority,
sufficiency and enforceability of Avidia's pre-petition security
interests and assignments of rents, not more than any postpetition
diminution of the value of Avidia's interest in such property.

Avidia is permitted to apply any payments on its promissory notes
received from the Debtor to its obligations as agreed in the
Motion; however, such payments shall be subject to disgorgement or
may be ordered to be applied to principal to the extent that
Avidia's liens are avoided by the Debtor or any other fiduciary of
the Debtor's estate or to the extent that the value of Avidia’s
collateral is later determined to be less than the total amount of
its debt.

Any payments received by Avidia contemplated by the Motion and this
second Order will be deemed to satisfy 11 U.S.C. Sec.
362(d)(3)(B)(ii) unless Avidia provides the Debtor with written
notice at least 30 days in advance of a payment due date that
Avidia contends that the next payment will not be in an amount
sufficient to satisfy 11 U.S.C. Sec. 362(d)(3)(B)(ii).

Additionally: (a) the Debtor shall pay to Avidia the amount of
$3,800.00 per month for June 2016 and July 2016, on or before the
5th of each month; (b) the Debtor shall provide to Avidia a fully
signed copy of its lease with Iron Horse Structures Corporation, on
or before June 9, 2016; and (c) the Debtor shall provide any other
leases signed in June or July 2016, within seven days of the
signing of any such lease by both parties.

The Honorable Christopher J. Panos will hold a further hearing on
the continued use of cash collateral on Wed., July 20, 2016, at
10:30 a.m., in Worcester, Mass.  

Hillwinds Family Limited Partnership's business is the rental of a
large tract of commercial real estate located at 489 Neck Road,
Lancaster, Mass.  The Debtor is a "single asset real
estate" entity as defined in 11 U.S.C. Sec. 101(51B).  Hillwinds
Family Limited Partnership filed for a chapter 11 petition (Bankr.
D. Mass. Case No. 15-42424) on Dec. 14, 2015, estimating its assets
and liabilities at under $1 million.  A copy of the petition is
available at http://bankrupt.com/misc/mab15-42424.pdfat no charge.
The Debtor is represented by Kevin C. McGee, Esq., at Matuzek &
McGee in Worcester, Mass.


IMPLANT SCIENCES: Files 2015 Conflict Minerals Report With SEC
--------------------------------------------------------------
Implant Sciences Corporation has evaluated its products and has
determined that tantalum, tin, tungsten and gold, collectively
"Conflict Minerals", as defined by the United States Securities and
Exchange Commission, are necessary to the functionality or
production of our products.  During the calendar year 2015, the
Company contracted for the manufacture of products and component
parts used in the manufacture of our products which contain
conflict minerals.  Accordingly, the Company filed with the
Securities and Exchange Commission a disclosure along with a
Conflict Minerals Report to disclose the measures it has taken to
determine the origin of the conflict minerals used in its
products.

"We undertook a reasonable country of origin inquiry in 2015
regarding conflict minerals used in our products.  That reasonable
country of origin inquiry was designed to determine whether those
conflict minerals contained in our products originated in the
Democratic Republic of the Congo or an adjoining country,
collectively "DRC" or arose from scrap or recycled sources that may
have originated in the DRC.

"We exercised due diligence regarding the source and chain of
custody of our conflict minerals utilizing a nationally recognized
due diligence framework.  Currently, we do not have sufficient
information from our suppliers or other sources to determine the
country origin of the conflict minerals in our products or identify
the facilities used to process those conflict minerals.  Therefore,
we are unable, after exercising due diligence, to determine whether
our products that contain conflict minerals may have originated
from the DRC.  As such, our products produced in calendar year 2015
are DRC Conflict Undeterminable."

A copy of the Conflict Minerals Report for the reporting period
Jan. 1, 2015, to Dec. 31, 2015, is available for free at:

                      https://is.gd/aC6D2V

                     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.

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.

"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.



IRON BRIDGE TOOLS: Taps Michael Moecker as Financial Advisor
------------------------------------------------------------
Iron Bridge Tools, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to hire Michael Moecker
& Associates, Inc. as its financial advisor.

The Debtor tapped the firm to:

     (a) assist in the post-petition financial management of the
         Debtor, including reviewing its current status and
         providing recommendations as to the restructuring
         strategy of the business;

     (b) assist the Debtor in its negotiations with creditors and
         meet reporting requirements;

     (c) assist in evaluating restructuring options;

     (d) provide advisory services in developing a plan of
         reorganization;

     (e) assist the Debtor in preparing analysis and reports and
         projections required to be filed with the plan of
         reorganization and disclosure statement;

     (f) evaluate and analyze assets, appraisals and other value
         references; and

     (g) provide expert testimony if necessary.

The hourly rates of Michael Moecker's professional are:

     Principal/Fiduciary Management     $325
     Case Administrator                 $225
     Associate                          $125
     Claims Specialist                   $75
     Clerical                            $50

Richard Haslam, a director at Michael Moecker, disclosed in a court
filing that the firm does not have an interest adverse to the
Debtor or its estate.

Michael Moecker can be reached through:

     Richard Haslam
     Michael Moecker & Associates, Inc.
     1883 Marina Mile Blvd., Suite 106
     Ft. Lauderdale, FL 33315
     Telephone: (954) 252-1560
     info@moecker.com

The Debtor can be reached through its counsel:

     Craig A. Pugatch, Esq.
     George L. Zinkler, III
     Rice Pugatch Robinson Storfer & Cohen, PLLC
     101 NE 3rd Ave., Suite 1800
     Fort Lauderdale, FL 33301
     Telephone: (954) 462-8000
     Facsimile: (954) 462-4300
     E-mail: cpugatch@rprslaw.com
             gzinkler@rprslaw.com

                   About Iron Bridge Tools

Iron Bridge Tools, Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the Southern District of Florida (Fort
Lauderdale) (Case No. 16-17505) on May 25, 2016.  The petition was
signed by Glenn Robinson, president.  

The Debtor is represented by Craig A. Pugatch, Esq., at Rice
Pugatch Robinson Storfer & Cohen, PLLC.  The case is assigned to
Judge Raymond B. Ray.

The Debtor estimated assets of $1 million to $10 million and debts
of $10 million to $50 million.


IVAN GONZALEZ CANCEL: July 22 Disclosure Statement Hearing
----------------------------------------------------------
A hearing is scheduled for July 22, 2016, at 9:30 a.m., at the U.S.
Bankruptcy Court for the District of Puerto Rico, to consider and
rule upon the adequacy of the disclosure statement explaining Ivan
Gonzalez Cancel's plan.

The bankruptcy case is IN RE: IVAN F. GONZALEZ CANCEL, Case No.
15-05511 EAG (Bankr. D.P.R.).


J. CREW: Bank Debt Trades at 26% Off
------------------------------------
Participations in a syndicated loan under which J. Crew is a
borrower traded in the secondary market at 74.31
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.75 percentage points from the
previous week.  J. Crew pays 300 basis points above LIBOR to borrow
under the $1.56 billion facility. The bank loan matures on Feb. 27,
2021 and carries Moody's B2 rating and Standard & Poor's B- rating.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended May 27.


JAMUS CORP: Seeks Conditional OK of Disclosure Statement
--------------------------------------------------------
JAMUS Corp. filed an application asking the U.S. Bankruptcy Court
for the Northern District of Texas, Fort Worth Division, for
conditional approval of its small business disclosure statement.

The Class 3 Allowed Claims of General Unsecured Claims are
estimated at $103,295.  The Debtor will pay the Allowed Class 3
Claims in full over 60 months following the Effective Date.

A full-text copy of the Disclosure Statement dated May 31, 2016, is
available at http://bankrupt.com/misc/JAMUSds0531.pdf

The application was filed by the Debtor's counsel:

          Joyce Lindauer, Esq.
          Sarah Cox, Esq.
          Jamie Kirk, Esq.
          JOYCE W. LINDAUER ATTORNEY, PLLC
          12720 Hillcrest Road, Suite 625
          Dallas, TX 75230
          Telephone: (972) 503-4011
          Facsimile: (972) 503-4034
          Email: joyce@joycelindauer.com

JAMUS Corp. (Bankr. N.D. Tex. Case No. 16-40505) filed a Chapter 11
Petition on February 1, 2016.


JATE IV TRUST: July 12 Disclosure Statement Hearing
---------------------------------------------------
Judge David R. Duncan of the U.S. Bankruptcy Court for the District
of South Carolina will convene the hearing to consider the approval
of Jate IV Trust's disclosure statement on July 12, 2016, at 10:30
a.m.

July 5, 2016 is fixed as the last day for filing and serving
written objections to the disclosure statement.

JATE IV TRUST (Bankr. D.S.C. Case No. 15-03834) filed a pro se
Chapter 11 Petition on July 21, 2015.


JFL VENTURE FUND: Case Summary & 4 Unsecured Creditors
------------------------------------------------------
Debtor: JFL Venture Fund IV, LLC
        16216 1st Street East
        Redington Beach, FL 33708

Case No.: 16-04857

Chapter 11 Petition Date: June 3, 2016

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

Debtor's Counsel: Joel S Treuhaft, Esq.
                  PALM HARBOR LAW GROUP, P.A.
                  2997 ALT 19 Ste B
                  Palm Harbor, FL 34683-1907
                  Tel: 727-797-7799
                  Fax: 727-213-6933
                  E-mail: jstreuhaft@yahoo.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James Lowy, manager.

A list of the Debtor's four largest unsecured creditors is
available for free at http://bankrupt.com/misc/flmb16-04857.pdf


JVJ PHARMACY: Wants Exclusive Plan Filing Deadline Moved to Jan. 6
------------------------------------------------------------------
JVJ Pharmacy, Inc., dba University Chemists, asks the Hon. Stuart
M. Bernstein of the U.S. Bankruptcy Court for the Southern District
of New York to extend by 180 days the Debtor's exclusive periods to
file a plan to Jan. 6, 2017, and solicit acceptances of that plan
to Feb. 6, 2017.

A hearing on the request is set for June 28, 2016, at 10:00 a.m.

The Debtor's exclusive period to file a plan terminates on July 1,
2016.

The Debtor said that it is in the process of drafting a plan;
reviewing the filed proofs of claim; and attempting to reach
consensual resolutions to certain outstanding issues.  Once the
Debtor concludes the review and the negotiations, it will be able
to proffer a confirmable plan.  Thus, the Debtor believes that it
will confirm a plan within a reasonable period of time.

The Debtor assures the Court that it is current on all of its
post-petition obligations; has in place a consensual order
authorizing the Debtor's use of cash collateral; and has moved for
an extension of time to assume its executory contracts, and is
preparing a plan.

The Debtor is in the final stages of its due diligence relating to
the retention of a broker for the necessary sale of the Debtor, as
a going concern.  The retention and ultimate sale is the integral
component of the Debtor's ultimate plan, and concomitant payment to
creditors of the Debtor's estate.

As previously disclosed, pre-petition, the Debtor's accountant
changed firms and Debtor was unable to procure a new accountant,
which resulted in the Debtor failing to timely file its 2014 and
2015 tax returns.  It further resulted in there being concerns that
the Debtor's books and records were not being kept in compliance
with generally accepted accounting procedures.

The Debtor retained CBIZ to maintain it records and prepare the
Flash Reports and Monthly Operating Reports.  The Debtor hired a
consultant to undertake a one time inventory of its drug inventory,
in order to set a base line of an amount certain of its collateral.
CBIZ has started to undertake a forensic analysis of the Debtor's
aged accounts receivable, to verify and modify the actual amount of
the Debtor's account receivable asset.

With respect to the State Court Litigation, Debtor had hoped that
it could reach a mutual resolution with its former employees, so
that they would return to the Debtor to maximize the revenue and
profit from "compounding" sales.  Post-petition, however, it became
clear those employees would not be returning to the Debtor's
employment.  The Debtor made the business decision that it would
forego its ongoing "compound" sales and focus primarily on
specialty medications.  As a result, the Debtor's initial budget,
as submitted as part of the cash collateral motion and approved by
the Court and PNC Bank, National Association, was no longer viable,
in that the Debtor realized its marketing costs would increase, in
an attempt to persuade doctors to use the Debtor's services, as
well as an increase in the costs of goods sold, as a result of the
Debtor increasing its inventory.  PNC has expressed concerns over
the contemplated revised budget that the Debtor circulated.  The
Debtor and CBIZ have all worked diligently with PNC, its counsel,
and its accountants, to address those concerns and is hopeful that
such concerns will ultimately be mutually resolved.

The Debtor's counsel can be reached at:

      Avrum J. Rosen, Esq.
      Avrum J. Rosen
      38 New Street
      Huntington, New York 11743
      Tel: (631) 423-8527
      E-mail: ajrlaw@aol.com

Headquartered in New York, New York, JVJ Pharmacy Inc. dba
University Chemists filed for Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 16-10508) on March 3, 2016, listing $6.88
million in total assets and $5.61 million in total liabilities.
The petition was signed by James F. Zambri, president.

Judge Stuart M. Bernstein presides over the case.

Avrum J. Rosen, Esq., at The Law Offices of Avrum J. Rose, PLLC,
serves as the Debtor's bankruptcy counsel.


KINDRED HEALTHCARE: Moody's Retains B1 CFR on Loan Add-On
---------------------------------------------------------
Moody's Investors Service commented that Kindred Healthcare Inc.'s
B1 Corporate Family Rating and B1-PD Probability of Default Rating
are not impacted by the proposed amendment to the company's credit
facility.  The B2 (LGD 5) ratings on Kindred's senior unsecured
notes are also not immediately impacted.  However, the increase in
the amount of secured debt in the capital structure associated with
a proposed $200 million term loan add-on will likely result in a
downgrade of the ratings on the company's senior unsecured notes to
B3 (LGD 5) if the transaction is closed as contemplated.

Kindred's senior secured debt, inclusive of the term loan add-on,
remains at Ba2 (LGD 2).  Moody's understands that the proceeds of
the incremental term loan will be used to repay amounts outstanding
on the company's revolver.  Therefore, there is no expected change
in Kindred's leverage, which stands at about 5.5 times at March 31,
2016.  The revolver was drawn on in the first quarter of 2016 to
fund working capital needs and a $126 million litigation
settlement.

The rating outlook remains negative and reflects Moody's
expectation that Kindred will face a number of headwinds in growing
EBITDA that will constrain the company's ability to reduce its high
financial leverage.  The implementation of new patient criteria
rules in Kindred's long term acute care hospitals will likely
initially have a negative impact on volumes and constrain revenue
and EBITDA growth in the company's largest segment.  The company
also faces evolving reimbursement models in other segments of its
business, including home health and hospice services.

                         RATINGS RATIONALE

Kindred's B1 Corporate Family Rating reflects Moody's expectation
that financial leverage will improve modestly and approach 5.0
times over the next 18 months.  The rating also incorporates
Moody's consideration of risks associated with a high reliance on
the Medicare program as a source of revenue and the ongoing changes
to reimbursement of post-acute care services.  Moody's also
anticipates that the company will pursue acquisitions to fill out
service line offerings in certain targeted markets.  However, the
rating also reflects Kindred's scale as one of the largest
post-acute care service providers by revenue and sites of service.
Kindred also has diversity by service line with a significant
presence across many sub-segments of the post-acute care
continuum.

Moody's could downgrade the ratings if the company is unable to
reduce adjusted debt to EBITDA to close to 5.0 times or if negative
developments in Medicare reimbursement in any of the company's
subsectors are meaningfully detrimental to operating results.  The
ratings could also be downgraded if liquidity deteriorates or
compliance with financial covenants becomes less certain.

The ratings could be upgraded if the company can navigate
reimbursement headwinds and continue to grow both revenue and
EBITDA and maintain or expand EBITDA margins.  The ratings could
also be upgraded if adjusted leverage is expected to be reduced and
sustained below 4.0 times.

Kindred Healthcare, Inc. is a leading provider of long term acute
care hospital, inpatient rehabilitation, contract rehabilitation,
home health, and hospice services.  Kindred's revenue for the
twelve months ended March 31, 2016, was approximately $7.2 billion.


KINGWOOD FOOD: 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 Kingwood Food Enterprises, Inc.

                       About Kingwood Food

Kingwood Food Enterprises Inc. sought protection under Chapter 11
of the Bankruptcy Code in the Southern District of Texas (Houston)
(Case No. 16-32304) on May 2, 2016.  

The petition was signed by Sajjad Pasha, president.  The case is
assigned to Judge Karen K. Brown.

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


KRISTAL OWENS-GAYLE: Plan Sets Aside $15K for Unsecureds
--------------------------------------------------------
Kristal Owens-Gayle filed with the U.S. Bankruptcy Court for the
Western District of Pennsylvania a disclosure statement
accompanying its plan, which proposes to pay allowed general
unsecured creditors $15,000 over five years.

The Debtor has recovered 6564 Frankstown Road, in Pittsburgh,
Pennsylvania, when she had the sheriff sale set aside; and she has
decided to sell 5137 Astor Place SE, in Washington, D.C.  The net
proceeds will help fund the plan of reorganization. Her income will
help fund the plan.

A full-text copy of the Disclosure Statement dated May 31, 2016, is
available at http://bankrupt.com/misc/GAYLEds0531.pdf

The bankruptcy case is In Re: Kristal C. Owens-Gayle, Bankruptcy
No. 15-22220-GLT (Bankr. W.D. Pa.).  The Chapter 11 Petition was
filed on June 18, 2015.

The Debtor is represented by:

         Donald R. Calaiaro, Esq.
         CALAIARO VALENCIK
         428 Forbes Avenue, Suite 900
         Pittsburgh, PA 15219-2230
         Email: dcalaiaro@c-vlaw.com


KTP BUILDERS: Plan Proposes 26.67% Recovery to Unsecured Creditors
------------------------------------------------------------------
KTP Buildings, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of Texas, Houston Division, a disclosure
statement and plan under which general unsecured creditors will
receive a distribution of 26.67% of their allowed claims, to be
distributed from the settlement amounts.

Additional payments to general unsecured payments may be made from
additional settlement amounts up to $442,326.

A full-text copy of the Disclosure Statement dated May 31, 2016, is
available at http://bankrupt.com/misc/KTPds0531.pdf

KTP Builders, Inc. (Bankr. S.D. Tex., Case No. 15-34109) filed a
Chapter 11 Petition on August 3, 2015.  The Debtor is represented
by C. Michael Black, Esq., at The Law Office of C. Michael Black.


L. SCOTT APPAREL: Trustee's Renewed Bid for Default Judgment Denied
-------------------------------------------------------------------
Judge Robert Kwan of the United States Bankruptcy Court for the
Central District of California, Los Angeles Division, denied
without prejudice Howard Grobstein's Renewed Motion for Default
Judgment Under LBR 7055-1 since he has not yet cured the defect in
service of process under Bankruptcy Rule 7004(h) in the adversary
case captioned HOWARD GROBSTEIN AS LIQUIDATING TRUSTEE OF L. SCOTT
APPAREL INC., Plaintiff, v. JPMORGAN CHASE BANK, a New York
corporation, Defendant, Adversary No. 2:15-ap-01438-RK (Bankr. C.D.
Calif.).

The Plaintiff's original motion for default judgment without
prejudice was denied for the following reasons: (1) the motion is
unsigned; (2) defendant has not been served as required under FBRP
7004(h) by certified mail as an insured depositary institution, and
plaintiff should serve defendant at both addresses for it on the
business entity listing on the California Secretary of State
website, which includes the Ohio address on the FDIC website for
defendant; (3) the evidence in support of the motion lacks
foundation to show that prepetition payments within the preference
period were made to defendant (i.e., no copies of cancelled checks
showing payment to defendant, just a conclusory statement that
payments were made).

A full-text copy of the Order dated May 27, 2016 is available at
https://is.gd/E2sfWv from Leagle.com.

The bankruptcy case is In re: L. SCOTT APPAREL, INC., Chapter 11,
Debtor, Case No. 2:13-bk-26021-RK (Bankr. C.D. Calif.).

Howard Grobstein as Liquidating Trustee of L. Scott Apparel Inc.,
Plaintiff, represented by:

          Brian L Davidoff, Esq.
          Courtney E Pozmantier, Esq.
          Lori L Werderitch, Esq.
          GREENBERG GLUSKER
          1900 Avenue of the Stars, 21st Floor
          Los Angeles, CA 90067
          Tel: (310)553-3610
          Email: bdavidoff@greenbergglusker.com
                 cpozmantier@greenbergglusker.com
                 lwerderitch@greenbergglusker.com


LAKE TAHOE PARTNERS: Trustee Taps Bachecki as Accountant
--------------------------------------------------------
The Chapter 11 trustee of Lake Tahoe Partners, LLC received court
approval from the U.S. Bankruptcy Court for the Northern District
of California to hire Bachecki, Crom & Co., LLP as her accountant.

Linda Green, the Chapter 11 trustee, tapped the firm to provide
these services:

     (a) prepare and file tax returns and monthly operating
         reports;

     (b) perform tax analysis;

     (c) assist with plan development;

     (d) analyze tax claims filed in the bankruptcy case, if
         necessary;

     (e) analyze the tax impact of potential transactions, if
         necessary;

     (f) analyze and testify as to avoidance issues, if necessary;

     (g) prepare a solvency analysis, if necessary; and

     (h) prepare wage claim withholding computations and payroll
         tax returns, if necessary.

The normal billing rates for the firm's professionals are:

     Partners             $380 - $525
     Senior Accountant    $270 - $360
     Junior Accountant    $165 - $260

Jay Crom, a partner at Bachecki, disclosed in a court filing that
the firm is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Jay D. Crom
     Bachecki, Crom & Co., LLP
     400 Oyster Point Boulevard, Suite 106
     South San Francisco, CA 94080
     Telephone: (415) 398-3534

                        About Lake Tahoe

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


LEN-TRAN INC: Has Until Sept. 12 to File Plan, Disclosures
----------------------------------------------------------
Judge Michael G. Williamson of the U.S. Bankruptcy Court for the
Middle District of Florida, Tampa Division, gave Len-Tran, Inc.,
dba Turner Tree & Landscape, until September 12, 2016, to file a
plan and disclosure statement.

The case came on for status conference pursuant on June 1, 2016.
At the Status Conference, the Court reviewed the nature and size of
the Debtor's business, the overall status of the case and
considered the respective positions of the parties represented at
the Status Conference.  Based on that review, the Court has
determined that it is appropriate in this case to implement
procedures governing the filing of a plan of reorganization and
disclosure statement to ensure that this case is handled
expeditiously and economically.

If the Debtor fails to file a Plan and Disclosure Statement by the
Filing Deadline, the Court will issue an Order to Show Cause why
the case should not be dismissed or converted to a Chapter 7 case
pursuant to section 1112(b)(1) of the Bankruptcy Code.

Len-Tran, Inc., dba Turner Tree & Landscape, based in Bradenton,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-04145) on May 13, 2016.  Elena P Ketchum, Esq., at Stichter,
Riedel, Blain & Postler, P.A., serves as counsel to the Debtor.  In
its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Darrell
Turner, president.


LIFE PARTNERS: Trustee, Committee Object to Transparency Plan
-------------------------------------------------------------
The Official Committee of Unsecured Creditors, Life Partners
Holdings, Inc., et al.; H. Thomas Moran II, as chapter 11 trustee
for Life Partners Holdings, Inc., and as the sole director of Life
Partners, Inc., and LPI Financial Services, Inc.; Langston Law
Firm; and the Lead Plaintiffs in a securities class action, object
to Transparency's plan for the Debtors.

The Creditors' Committee tells the U.S. Bankruptcy Court for the
Northern District of Texas, Fort Worth Division, that the
Transparency Plan is, in fact, proposed by Transparency's
affiliate, BroadRiver Asset Management, L.P., which is a New York
headquartered fund manager formed in 2009, that purchased a $54,000
bankruptcy claim in these Bankruptcy Cases to obtain standing.
Accordingly, BroadRiver/Transparency do not own any fractional
interests in Policies, the Committee asserts.

Under the Transparency Plan, while purporting to leave fractional
interests untouched, BroadRiver proposes to bill continuing holders
on the Effective Date over $21 million for Chapter 11
administrative bankruptcy costs and other expenses, the Committee
asserts.  Critically, while the TA Plan appears to provide
investors with the option to choose to remain continuing holders of
their own fractional positions, BroadRiver also plans to require a
sale of the entire portfolio (including all interests of continuing
holders) by year 10, the Committee further asserts.  Although its
projections are difficult to decipher, BroadRiver appears to
suggest a purely speculative sale price in the range of 20% of the
face amount at that point in time, the Committee adds.  Clearly,
fractional interest holders who have complained about the erosion
of ownership rights since the beginning of the case have strongly
opposed both paying bankruptcy costs and any forced sale, the
Committee points out.  

The Transparency Plan however, proposes exactly that. The Committee
therefore believes that investors who intend to keep individual
fractional interests would not support the Transparency Plan if
they were told the truth in simple terms.

The Chapter 11 Trustee complains that the TA Plan purports to
"compromise" the Ownership Issue through a deemed dismissal with
prejudice of the Ownership Litigation in advance of any judgment
and despite the absence of any settlement agreement with the other
parties in that litigation.  A "compromise" must be a consensual
agreement between parties to the litigation. There is nothing in
the Bankruptcy Code (or otherwise) that permits a plan of
reorganization to implement a purported "compromise" of an
adversary proceeding, and deem the adversary proceeding dismissed
with prejudice, the Chapter 11 Trustee asserts.  For that reason
alone, the TA Plan is facially unconfirmable, the Chapter 11
Trustee tells the Court.

The Lead Plaintiffs complain that the Transparency Disclosure
Statement is inaccurate and fails to provide adequate information
to creditors within the meaning of Section 1125 of the Bankruptcy
Code.  The Transparency Disclosure Statement is little more than a
biased sales brochure that creates the false and misleading
impression that the Transparency Plan is superior to the Trustee
Plan, the Lead Plaintiffs assert.  The Transparency Disclosure
Statement's failures are pervasive and cannot be cured simply by
changing a few words or sentences, the Lead Plaintiffs tell the
Court.  The Court should deny approval of the Transparency
Disclosure Statement, the Lead Plaintiffs assert.

The Creditors' Committee is represented by:

          Joseph J. Wielebinski, Esq.
          Dennis L. Roossien, Jr., Esq.
          Jay H. Ong, Esq.
          MUNSCH HARDT KOPF & HARR, P.C.
          500 N. Akard Street, Suite 3800
          Dallas, TX 75201-6659
          Telephone: (214) 855-7500
          Facsimile: (214) 855-7584
          E-mail: jwielebinski@munsch.com
                  droossien@munsch.com
                  jong@munsch.com

The Chapter 11 Trustee is represented by:

          David M. Bennett, Esq.
          Richard Roper, Esq.
          Katharine Battaia Clark, Esq.
          THOMPSON & KNIGHT LLP
          1722 Routh Street, Suite 1500
          Dallas, TX 75201
          Tel: 214.969.1700
          Fax: 214.969.1751
          Email: david.bennett@tklaw.com
                 richard.roper@tklaw.com
                 katie.clark@tklaw.com

Counsel for Philip M. Garner, Steve South, as Trustee for, and on
behalf of the South Living Trust, Christine Duncan, Michael Arnold,
Janet Arnold, and John S. Ferris, M.D., on behalf of themselves and
all those similarly situated, are represented by:

          Keith L. Langston, Esq.
          LANGSTON LAW FIRM
          101 W. Tyler Street
          Longview, Texas 75601
          Tel: (903) 212-3922
          Fax: (903) 212-3892
          Email: klangston@langston-lawfirm.com

             -- and --

          John C. Leininger, Esq.
          SHAPIRO BIEGING BARBER OTTESON LLP
          5400 LBJ Freeway, Suite 930
          Dallas, Texas 75240
          Tel: (214) 377-0146
          Email: jcl@bsblawyers.com

             -- and --

          Jeffrey D. Sternklar, Esq.
          JEFFREY D. STERNKLAR LLC
          225 Franklin Street, 26th Floor
          Boston, MA 02110
          Tel: (617) 396-4515
          Fax: (617) 507-6530
          Email: jeffrey@sternklarlaw.com

                   About Life Partners Holdings

Headquartered in Waco, Texas, Life Partners Holdings, Inc. --
http://www.lphi.com/-- is the parent company engaged in the     
secondary market for life insurance, commonly called "life
settlements."  Since its incorporation in 1991, Life Partners,
Inc., has completed over 162,000 transactions for its worldwide
client base of over 30,000 high net worth individuals and
institutions in connection with the purchase of over 6,500
policies
totaling over $3.2 billion in face value.

LPHI is a publicly traded company incorporated in Texas and its
common stock has been delisted from the NASDAQ (formerly trading
under the symbol LPHI).

Life Partners Holdings sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 15-40289) on Jan. 20,
2015.

The case is assigned to Judge Russell F. Nelms.  J. Robert
Forshey, Esq., at Forshey & Prostok, LLP, serves as counsel to the
Debtor.

LPHI disclosed $2,406,137 in assets and $52,722,308 in liabilities
as of the Chapter 11 filing.

The official committee of unsecured creditors formed in the case
tapped Munsch Hardt Kopf & Harr, P.C., as counsel.

Tracy A. Bolt of BDO USA, LLP was named as examiner for the
Debtor's case.  At the behest of the U.S. Securities and Exchange
Commission, the U.S. Trustee, and the Creditors Committee, the
Court ordered the appointment of a Chapter 11 trustee.  On March
13, 2015, H. Thomas Moran II was appointed as Chapter 11 trustee
in LPHI's case.  The trustee is represented by Thompson & Knight
LLP.

The Chapter 11 trustee signed Chapter 11 bankruptcy petitions for
LPHI's subsidiaries on May 19, 2015: Life Partners Inc. (Case No.
15-41995) and LPI Financial Services, Inc. (Case No. 15-41996).

Life Partners is estimated to have $100 million to $500 million in
assets and more than $1 billion in debt.  LPI Financial estimated
less than $50,000.


LIFE PARTNERS: Vida Capital Proposes to Buy New Stock Under Plan
----------------------------------------------------------------
Vida Capital, Inc., filed with the U.S. Bankruptcy Court for the
Northern District of Texas, Fort Worth Division, a second amended
joint Chapter 11 plan of reorganization and accompanying disclosure
statement for Life Partners Holdings, Inc., Life Partners, Inc.,
and LPI Financial Services, Inc.

The Plan provides that Vida will purchase 100% of the New Stock of
LPI and LPIFS in exchange for the payment of $4 million to the
Debtors' estates.  Vida will make an exit loan available to pay DIP
Claims, Allowed Administrative and Fee Claims and, if necessary,
Priority Claims.  The Exit Loan will bear simple interest at 13%
per annum.

Each holder of allowed general unsecured claims against LPHI, LPI
and LPIFS will receive a beneficial interest in the Litigation
Trust equal to the Pro Rata amount of its Allowed Claim.

A full-text copy of Vida Capital's Second Amended Disclosure
Statement dated May 31, 2016, is available at
http://bankrupt.com/misc/LPHIVIDAds0531.pdf

Vida Capital is represented by:

          Lydia R. Webb, Esq.
          Jason S. Brookner, Esq.
          GRAY REED & MCGRAW, P.C.
          1601 Elm Street, Suite 4600
          Dallas, Texas 75201
          Telephone: (214) 954-4135
          Facsimile: (214) 953-1332
          Email: lwebb@grayreed.com
                 jbrookner@grayreed.com

                   About Life Partners Holdings

Headquartered in Waco, Texas, Life Partners Holdings, Inc. --
http://www.lphi.com/-- is the parent company engaged in the     
secondary market for life insurance, commonly called "life
settlements."  Since its incorporation in 1991, Life Partners,
Inc., has completed over 162,000 transactions for its worldwide
client base of over 30,000 high net worth individuals and
institutions in connection with the purchase of over 6,500
policies
totaling over $3.2 billion in face value.

LPHI is a publicly traded company incorporated in Texas and its
common stock has been delisted from the NASDAQ (formerly trading
under the symbol LPHI).

Life Partners Holdings sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 15-40289) on Jan. 20,
2015.

The case is assigned to Judge Russell F. Nelms.  J. Robert
Forshey, Esq., at Forshey & Prostok, LLP, serves as counsel to the
Debtor.

LPHI disclosed $2,406,137 in assets and $52,722,308 in liabilities
as of the Chapter 11 filing.

The official committee of unsecured creditors formed in the case
tapped Munsch Hardt Kopf & Harr, P.C., as counsel.

Tracy A. Bolt of BDO USA, LLP was named as examiner for the
Debtor's case.  At the behest of the U.S. Securities and Exchange
Commission, the U.S. Trustee, and the Creditors Committee, the
Court ordered the appointment of a Chapter 11 trustee.  On March
13, 2015, H. Thomas Moran II was appointed as Chapter 11 trustee
in LPHI's case.  The trustee is represented by Thompson & Knight
LLP.

The Chapter 11 trustee signed Chapter 11 bankruptcy petitions for
LPHI's subsidiaries on May 19, 2015: Life Partners Inc. (Case No.
15-41995) and LPI Financial Services, Inc. (Case No. 15-41996).

Life Partners is estimated to have $100 million to $500 million in
assets and more than $1 billion in debt.  LPI Financial estimated
less than $50,000.


LIFE TIME: Moody's Retains B2 CFR on Loan Add-On
------------------------------------------------
Moody's Investors Service said Life Time Fitness, Inc.'s B2
Corporate Family Rating, B2-PD Probability of Default Rating, debt
instrument ratings and stable rating outlook remain unchanged
following the company's announcement that it plans to upsize its
first-lien term loan due 2022 by $100 million.  Proceeds are
expected to be used to fully repay borrowings under its revolving
credit facility and to support future capex needs.  The repayment
of the revolver is a slight credit positive as it improves
liquidity and increases borrowing capacity to support future
growth.  Moody's views the transaction as leverage neutral, as the
net increase in debt is small relative to total lease-adjusted debt
of over $3.0 billion.

Life Time operates 119 large format fitness clubs as of March 31,
2016, mostly in US suburban locations, with over 715,000
subscribing members, as well as close to 138,000 users of its
non-facility based programs.  Moody's expects about $1.5 billion of
revenue and 3 new club openings in 2016.  In June 2015, affiliates
of Leonard Green & Partners, TPG Capital and other investors
including founder and CEO Bahram Akradi purchased the company in an
approximate $3.8 billion leveraged buyout.


LIMON-IOWA LLC: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Limon-Iowa, LLC
        7655 E. Gelding Drive
        Suite A3
        Scottsdale, AZ 85260

Case No.: 16-06377

Chapter 11 Petition Date: June 3, 2016

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Judge: Hon. Daniel P. Collins

Debtor's Counsel: Sean P. O'Brien, Esq.
                  GUST ROSENFELD P.L.C.
                  One East Washington, Suite 1600
                  Phoenix, AZ 85004-2553
                  Tel: 602-257-7460
                  Fax: 602-254-4878
                  E-mail: spobrien@gustlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Dennis R. Haydon, manager.

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


LIQUID HOLDINGS: Court Grants Bids to Extend Interim Stay Order
---------------------------------------------------------------
In the case captioned JAY DEUTSCH, AS MANAGING GENERAL PARTNER OF
THE DEUTSCH FAMILY INVESTMENT PARTNERSHIP AND TODD DEUTSCH
Plaintiffs, v. LIQUID HOLDINGS GROUP, INC. F/K/A LIQUID HOLDINGS
GROUP, LLC, BRIAN FERDINAND, RICHARD SCHAEFFER, FERDINAND HOLDINGS,
LLC, SCHAEFFER HOLDINGS, LLC, BRIAN STORMS, AND JOHN DOES I-X,
Defendants, Docket No. 452951/2015, Mot. Seq. 004-005, 2016 NY Slip
Op 30966(U) (N.Y. Sup.), Judge Anil C. Singh of the Supreme Court,
New York County granted defendant Storms' motion to extend the
court's interim stay order until August 30, 2016; granted defendant
Brian Ferdinand's motion to extend the court's interim stay order
until August 30, 2016; granted defendant Ferdinand Holdings, LLC's
motion to extend the court's interim stay order until August 30,
2016; and ordered that the parties are to appear in court for a
status conference on September 1, 2016 at 10:00 AM.

In this action for stock fraud, defendant/debtor Liquid Holdings
Group filed for a chapter 11 bankruptcy. This Court then
automatically stayed any action against defendant-debtor Liquid
Holdings. Subsequently on February 8, 2016, defendant-debtor Liquid
Holdings filed a motion in the Delaware Bankruptcy Court to convert
its Chapter 11 filing to a Chapter 7 filing. The Bankruptcy Court
converted the case from a Chapter 11 reorganization to a Chapter 7
liquidation on February 25, 2016.

Plaintiff Deutsch's allegations arise out of statements allegedly
made at a meeting on February 12, 2013 between defendant Storms,
Ferdinand Defendants, and plaintiff Deutsch, in which plaintiff
Deutsch was to evaluate an investment opportunity in
defendant-debtor Liquid Holdings. Plaintiff further alleges that he
entered into a subscription agreement with defendant-debtor Liquid
Holdings to acquire certain securities in defendant-debtor and that
during this meeting defendant-debtor made misrepresentations in its
registration filings, press releases and other public filings, and
that defendant Storm and Ferdinand Defendants were motivated by a
desire to benefit from defendant-debtor's initial public offering.
It is alleged that these misrepresentations made by defendant
Storms, defendant Brian Ferdinand and other co-defendants caused
the damages that Plaintiff suffered.

In the instant motions before this Court, defendant Storms and
defendants Brian Ferdinand and Ferdinand Holdings, LLC have moved
to extend the stay as to them. Plaintiff Deutsch opposes both
motions.

A full-text copy of the Decision and Order dated May 25, 2016 is
available at https://is.gd/kYBYyA from Leagle.com.

              About Liquid Holdings Group

Liquid Holdings Group, Inc. (otc pink:LIQD) --
http://www.liquidholdings.com-- a SaaS provider of investment    
management solutions for the buy side, on Jan. 28 disclosed that
it and its subsidiary Liquid Prime Holdings, LLC, each filed a
voluntary petition in the United States Bankruptcy Court for the
District of Delaware seeking relief under the provisions of
Chapter 11 of the United States Bankruptcy Code.

The cases are Liquid Holdings Group, Inc., Case No. 16-10202
(Bankr. D. Del.) and Liquid Prime Holdings, LLC, Case No. 16-10203
(Bankr. D. Del.).

The Company's counsel in Chapter 11 is Blank Rome LLP.  The
Company has engaged Carl Marks Advisory Group, LLC as its
bankruptcy
financial advisor and SenaHill Advisors, LLC as its investment
banker.


MALIBU LIGHTING: Wants Exclusive Plan Filing Extended to Oct. 4
---------------------------------------------------------------
Malibu Lighting Corporation, et al., ask the U.S. Bankruptcy Court
for the District of Delaware to extend the exclusive period to file
a plan of reorganization through and including Oct. 4, 2016, and
the period for the Debtor to obtain acceptances of the plan through
and including Dec. 5, 2016.

A hearing on the request is set for June 28, 2016, at 2:00 p.m.
Objections to the request must be filed by June 17, 2016, at 4:00
p.m.

The Debtors need additional time to propose a plan.  The Debtors
are not seeking an extension of time to pressure creditors.  The
Debtors have been diligent in administering these cases by, among
other things, concluding the sale of substantially all assets of
National-Consumer Outdoors Corporation, engaging professionals and
implementing procedures to sell the Debtors' remaining assets,
initiating the claims reconciliation process, and marketing and
initiating the sale of their interests in real property.  The
Debtors merely require additional time in order to maximize the
value of their estates.

The Debtors, in consultation with the Official Committee of
Unsecured Creditors, are in the process of reconciling the proofs
of claim received with the schedules and filing appropriate omnibus
claim objections.  The effort is ongoing and is facilitating
settlement negotiations between the Debtors and Committee, as the
magnitude of the general unsecured claims pool is becoming
clearer.

The Debtors are in the process of selling their remaining real
estate interests.  Specifically, the Debtors are in the process of
closing sales on the three real estate properties.  Once these
sales close, all parties will have a better understanding of the
proceeds available for distribution and the deficiency claims,
which will be owed to the secured creditor.  This will facilitate
negotiations among the Debtors, the Committee, and the Debtors'
equity holder, regarding an appropriate exit strategy.

The Debtors are represented by:

      PACHULSKI STANG ZIEHL &JONES LLP
      Jeffrey N. Pomerantz, Esq.
      Maxim B. Litvak, Esq.
      James E. O'Neill, Esq.
      919 North Market Street, 17th Floor
      P.O. Box 8705
      Wilmington, DE 19899-8705
      Tel: (302) 652-4100
      Fax: (302) 652-4400
      E-mail: jpomerantz@pszjlaw.com
              mlitvak@pszjlaw.com
              joneill@pszjlaw.com

                        About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead
Case No. 15-12080) on Oct. 8, 2015.  The petition was signed by
David M. Baker as chief restructuring officer.  Judge Kevin Gross
is assigned to the case.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer
goods, including (a) outdoor cooking products, such as outdoor gas
grills, charcoal grills, smokers and fryers, (b) hand held lighting
products, like flashlights and spotlights, (c) landscape lighting
products, and (d) parts and accessories associated with
the foregoing products.

MLC and ODC are currently winding down operations as a result of
the termination of a business relationship with principal
customer, Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets
and sells boat covers manufactured primarily from Chinese
suppliers.

Malibu estimated assets and liabilities of $10 million to
$50 million in its bankruptcy petition.

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker, and Kurtzman
Carson Consultants as claims and noticing agent.

On Oct. 20, 2015, an official committee of unsecured creditors was
appointed by the Office of the United States Trustee.

No request has been made for the appointment of a trustee or an
examiner in these cases.


MALLINCKRODT GROUP: Bank Debt Trades at 2% Off
----------------------------------------------
Participations in a syndicated loan under which Mallinckrodt Group
Inc is a borrower traded in the secondary market at 97.90
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.46 percentage points from the
previous week.  Mallinckrodt Group pays 275 basis points above
LIBOR to borrow under the $1.3 billion facility. The bank loan
matures on Feb. 25, 2021 and carries Moody's Ba1 rating and
Standard & Poor's BB+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended May 27.


MBB MANAGEMENT: Hires John P. Lewis as Chapter 11 Counsel
---------------------------------------------------------
MBB Management, LLC, seeks permission from the U.S. Bankruptcy
Court for the Northern District of Texas to employ John P. Lewis,
Jr., as Chapter 11 counsel, nunc pro tunc as of the April 2, 2016,
the Petition Date.

Objections to the request must be filed by June 20, 2016.

Mr. Lewis will:

      (a) assist in the preparation of schedules, statement of
          financial affairs, any amendments thereto, and any other

          documents and disclosures required to be filed by the
          Debtor under the bankruptcy laws and rules;

      (b) attend and participate with the Debtor in its "debtor
          interview" with the Office of the U.S. Trustee;

      (c) attend and participate with the Debtor in its Section
          341 meeting;

      (d) direct the Debtor concerning administrative and
          reorganization issues;

      (e) perform all other necessary legal services in connection

          with this Chapter 11 case and in any adversary
          proceedings arising in this case.

Mr. Lewis has received a retainer of $5,000 paid by THOC, PA, on
April 1, 2016, to secure the fees, costs, and expenses that may be
allowed by the Court in accordance with the Bankruptcy Code and
other applicable statutes for professional services rendered or to
be rendered in this case and any related adversary proceedings.
Mr. Lewis used $1,717 of the retainer to pay the Chapter 11 filing
fee for this case and $350 of the retainer to pay the filing fees
for removing the state court case to this Court, leaving a retainer
balance of $2,933.

Mr. Lewis assures the Court that he doesn't hold nor represent any
interest adverse to the Debtor or its bankruptcy estate in the
matters for which he has been engaged.

Mr. Lewis can be reached at:

          John P. Lewis, Jr., Esq.
          1412 Main Street, Suite 210
          Dallas, Texas 75202
          Tel: (214) 742-5925
          Fax: (214) 742-5928
          E-mail: jplewisjr@mindspring.com

Headquartered in Dallas, Texas, MBB Management, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. N.D. Texas Case No.
16-31345) on April 2, 2016, estimating its assets at between
$500,000 and $1 million and its liabilities at between $1 million
and $10 million.  The petition was signed by Dennis H. Birenbaum,
manager.

Judge Stacey G. Jernigan presides over the case.

John P. Lewis, Jr., at the Law Office of John P. Lewis, Jr., serves
as the Debtor's bankruptcy counsel.


MILESTONE SCIENTIFIC: Stockholders Elect Five Directors
-------------------------------------------------------
Milestone Scientific Inc. held its 2016 annual meeting of
stockholders on May 25, 2016, at which the stockholders:

   (a) elected Leslie Bernhard, Leonard Osser, Leonard Schiller,
       Gian Domenico Trombetta and Edward Zelnick, M.D. as
       directors to serve until the next annual meeting of the
       Company's stockholders or until their respective successors
       have been duly elected and qualified;

   (b) approved amendments to the 2011 Stock Option Plan to: (i)
       change the name of the plan to the "Milestone Scientific
       Inc. 2011 Equity Compensation Plan"; (ii) provide for
       awards of shares of the Company's common stock; and (iii)
       increase the maximum number of shares which may be issued
       thereunder from 2,000,000 to 4,000,000;

   (c) adopted a non-binding advisory resolution approving the
       compensation of the Company's Named Executive Officers; and

   (d) approved, on an advisory basis, the appointment of Baker
       Tilly Virchow Krause LLP as the Company's independent
       auditors for the 2016 fiscal year.

                     About Milestone Scientific

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

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

As of March 31, 2016, Milestone Scientific had $11.60 million in
total assets, $3.24 million in total liabilities, all current, and
total equity of $8.36 million.


MIRAMAR CORPORATION: Taps David A. Riggi as Attorney
----------------------------------------------------
Miramar Corporation asks for authorization from the U.S. Bankruptcy
Court for the District of Nevada to employ the Law Office of David
A. Riggi as attorney.

David A. Riggi, Esq., will:

      1. institute, prosecute, or defend any contested matters
         arising out of this bankruptcy proceeding in which the
         Debtor may be a party;

      2. assist in the recovery and obtaining necessary Court
         approval for recovery and liquidation of estate assets,
         and to assist in protecting and preserving the same where

         necessary;

      3. assist in determining the priorities and status of claims

         and in filing objections thereto where necessary;

      4. assist in preparation of a disclosure statement and
         Chapter 11 plan; and

      5. advise the Debtor and perform all other legal services
         for the Debtor which may be or become necessary in this
         bankruptcy proceeding.

Mr. Rigg's Law Firm will be paid at these hourly rates:

         Partners                     $400
         Associates                   $195
         Paralegals/Law Clerks        $100

Mr. Riggi has received, post-petition, a retainer in the amount of
$8,500.  The source of those funds was from the De. Ascar Egtedar
personally, the signatory on the bankruptcy filing.  These funds
are for services that have been rendered, and that are being
rendered, in connection with the bankruptcy case, and during the
bankruptcy proceedings.  They are being held in the Law Firm's
trust account.

Mr. Riggi assures the Court that neither he nor anyone associated
with his Law Firm has any present connection with the Debtor, his
creditors or other parties-in-interest, and that to the best of his
knowledge, he and anyone associated with his Law Firm and any
parties he may employ in the case, are disinterested within the
meaning of 11 U.S.C. Section 101(14).

Mr. Riggi can be reached at:

         David A. Riggi, Esq.
         5550 Painted Mirage Road Suite 120
         Las Vegas, NV 89149
         Tel: (702) 463-7777
         Fax: (888) 306-7157
         E-mail: RiggiLaw@gmail.com

Miramar Corporation filed for Chapter 11 bankruptcy protection
(Bankr. D. Nev. Case No. 16-1136) on March 4, 2016.  David M.
Crosby, Esq., at Crosby & Fox, LLC, serves as the Debtor's
bankruptcy counsel.


MONAKER GROUP: Monaco Insurance Trust Exercises Warrants
--------------------------------------------------------
The Donald P. Monaco Insurance Trust exercised warrants to purchase
60,000 shares of the common stock of Monaker Group, Inc.  that were
granted on Nov. 25, 2015 (expiring Nov. 24, 2016), with an exercise
price of $1.50 per share and an aggregate exercise price of
$90,000, and in consideration for such $90,000 aggregate exercise
price, was issued 60,000 shares of Common Stock.  Donald P. Monaco,
a member of the Company's Board of Directors, is the trustee of the
Trust and beneficially owns the securities held by the Trust.

The 60,000 shares of Common Stock issued in the above-described
exercise were not registered under the Securities Act of 1933, as
amended, or the securities laws of any state, and were issued in
reliance on the exemption from registration afforded by Section
4(a)(2) and Rule 506 of Regulation D under the Securities Act and
corresponding provisions of state securities laws, which exempt
transactions by an issuer not involving any public offering.  The
holder is an "accredited investor" as such term is defined in
Regulation D promulgated under the Securities Act.  The recipient
acquired the securities for investment only and not with a view
towards, or for resale in connection with, the public sale or
distribution thereof.  The securities were offered without any
general solicitation by the Company or its representatives.  No
underwriters or agents were involved in the foregoing transaction
and the Company paid no underwriting discounts or commissions.  The
securities issued are subject to transfer restrictions, and the
certificates evidencing the securities contain an appropriate
legend stating that such securities have not been registered under
the Securities Act and may not be offered or sold absent
registration or pursuant to an exemption therefrom.  The securities
were not registered under the Securities Act and such securities
may not be offered or sold in the United States absent registration
or an exemption from registration under the Securities Act and any
applicable state securities laws.

                       About Monaker Group

Monaker Group, Inc., formerly known as Next 1 Interactive, Inc., is
a digital media marketing company focusing on lifestyle enrichment
for consumers in the travel, home and employment sectors.  Core to
its marketing services are key elements including proprietary
video-centered technology and established partnerships that enhance
its reach.  Video is quickly becoming consumer's preferred method
of searching and educating themselves prior to purchases.
Monaker's video creation technology and film libraries combine to
create lifestyle video offerings that can be shared both to its
customers and through trusted distribution systems of its major
partners.  The end result is better engagement with consumers who
gain in-depth information on related products and services helping
to both inform and fulfill purchases.  Unlike traditional marketing
companies that simply charge for advertising creation, Monaker
holds licenses and/or expertise in the travel, real estate and
employment sectors allowing it to capture fees at the point of
purchase while the majority of transactions are handled by
Monaker's partners.  This should allow the company to capture
greater revenues while eliminating much of the typical overhead
associated with fulfillment.  Monaker core holdings include
Maupintour, NameYourFee.com, RealBiz Media Group - helping it to
deliver marketing solutions to consumers at home, work and play.

Next 1 Interactive reported a net loss of $50,500 on $1.1 million
of total revenue for the year ended Feb. 28, 2015, compared with a
net loss of $18.3 million on $1.5 million of total revenues for the
year ended Feb. 28, 2014.

As of Nov. 30, 2015, the Company had $6.94 million in total assets,
$9.88 million in total liabilities and a total stockholders'
deficit of $2.94 million.

D'Arelli Pruzansky, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Feb. 28, 2015, citing that the Company has incurred
an operating loss of $5.44 million and net cash used in operations
of $2.62 million for the year ended Feb. 28, 2015, and the Company
had an accumulated deficit of $86.1 million and a working capital
deficit of $12.8 million at Feb. 28, 2015.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


NAKED BRAND: Amends Fiscal 2015 Annual Report
---------------------------------------------
Naked Brand Group Inc. filed with the Securities and Exchange
Commission and amended annual report on Form 10-K/A for the sole
purpose of including the information required by Items 10 through
14 of Part III of Form 10-K.  This information was previously
omitted from the Original Filing in reliance on General Instruction
G(3) to Form 10-K, which permits the information in the above
referenced items to be incorporated in the Form 10-K by reference
from our definitive proxy statement if such statement is filed no
later than 120 days after our fiscal year-end.  The Company said it
may not file a definitive proxy statement containing such
information within 120 days after the end of the fiscal year
covered by the Original Filing.

A full-text copy of the Amended Annual Report is available for free
at https://is.gd/eTR3BQ

                        About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York, New York.

Naked Brand reported a net loss of US$19.06 million on US$1.38
million of net sales for the year ended Jan. 31, 2016, compared to
a net loss of US$21.07 million on US$557,000 of net sales for the
year ended Jan. 31, 2015.  As of Jan. 31, 2016, Naked Brand had
US$6.88 million in total assets, US$2.30 million in total
liabilities and US$4.58 million in total stockholders' equity.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2016, noting that the Company incurred a net loss of
$19,063,399 for the year ended January 31, 2016 and the Company
expects to incur further losses in the development of its business.
This condition raises substantial doubt about the Company's
ability to continue as a going concern.


NANOSPHERE INC: Files 2015 Conflict Minerals Report
---------------------------------------------------
Nanosphere, Inc., has conducted an evaluation of its products and
concluded that certain products that the Company manufactures or
contracts to manufacture contain gold, tin and tantalum.
Nanosphere, Inc. has defined a comprehensive Conflict Minerals
policy covering existing raw material and a governance model for
sustainable compliance.  In compliance with such policy, the
Company has completed a comprehensive analysis of raw materials
used in manufacturing and determined that conflict minerals gold,
tin and tantalum are present in some of the Company's products.  As
a result of the survey that the Company conducted of its suppliers,
the Company is unable at this time to determine the origin of the
gold, tin and tantalum used in its products. Accordingly, the
Company filed with the Securities and Exchange Commission a
Conflict Minerals Report for the year ended Dec. 31, 2015, a copy
of which is available at https://is.gd/Y3iOe6

                         About Nanosphere

Nanosphere, Inc., develops, manufactures and markets an advanced
molecular diagnostics platform, the Verigene System, that enables
simple, low cost and highly sensitive genomic and protein testing
on a single platform.  The Verigene System includes a bench-top
molecular diagnostics workstation that is a universal platform for
genomic and protein testing and provides for multiple tests to be
performed on a single platform, including both genomic and protein
assays, from a single sample.  Its proprietary nanoparticle
technology provides the ability to run multiple tests
simultaneously on the same sample.  Nanosphere was founded by Chad
A. Mirkin and Robert Letsinger on Dec. 30, 1999, and is
headquartered in Northbrook, IL.

Nanosphere reported a loss attributable to common shareholders of
$42.84 million on $21.07 million of total revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to common
shareholders of $39.07 million on $14.29 million of total revenue
for the year ended Dec. 31, 2014.

As of March 31, 2016, Nanosphere had $39.78 million in total
assets, $27.49 million in total liabilities and $12.29 million in
total stockholders' equity.

Deloitte & Touche LLP, in Chicago, Illinois, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's recurring
losses from continued use of cash to fund operations raise
substantial doubt about its ability to continue as a going concern.


NANOSPHERE INC: MMCAP Int'l Reports 13% Stake as of May 23
----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, MMCAP International Inc. SPC and MM Asset Management
Inc. disclosed that as of May 23, 2016, they beneficially own
5,229,804 common shares of common stock of Nanosphere, Inc.
representing 13.04 percent of the shares outstanding.  A copy of
the regulatory filing is available for free at:

                       https://is.gd/0p732A

                        About Nanosphere

Nanosphere, Inc., develops, manufactures and markets an advanced
molecular diagnostics platform, the Verigene System, that enables
simple, low cost and highly sensitive genomic and protein testing
on a single platform.  The Verigene System includes a bench-top
molecular diagnostics workstation that is a universal platform for
genomic and protein testing and provides for multiple tests to be
performed on a single platform, including both genomic and protein
assays, from a single sample.  Its proprietary nanoparticle
technology provides the ability to run multiple tests
simultaneously on the same sample.  Nanosphere was founded by Chad
A. Mirkin and Robert Letsinger on Dec. 30, 1999, and is
headquartered in Northbrook, IL.

Nanosphere reported a loss attributable to common shareholders of
$42.84 million on $21.07 million of total revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to common
shareholders of $39.07 million on $14.29 million of total revenue
for the year ended Dec. 31, 2014.

As of March 31, 2016, Nanosphere had $39.78 million in total
assets, $27.49 million in total liabilities and $12.29 million in
total stockholders' equity.

Deloitte & Touche LLP, in Chicago, Illinois, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's recurring
losses from continued use of cash to fund operations raise
substantial doubt about its ability to continue as a going concern.


NATIONAL CERAMICS: Unsecureds to Recover Up to 5% Under Plan
------------------------------------------------------------
National Ceramics of Florida Corp. filed with the U.S. Bankruptcy
Court for the Southern District of Florida, Miami Division, a
disclosure statement and plan of reorganization, under which
general unsecured creditors are estimated to receive approximately
1% to 5% of their allowed claims.

Keystone, a secured creditor, be paid in full to the extent of its
collateral, and the remainder of its claim will be paid pro rata
with the unsecured claims in Class 2.  General unsecured creditors
will receive pro rate share of $20,000 Cash Infusion after payment
of Class 1 secured claim of Key Stone.  The Debtor estimates the
payments to general unsecured creditors will be approximately 1% to
5% of allowed claims.  Holders of equity interests will retain
interests in exchange for $20,000 Cash Infusion and general
releases.

A full-text copy of the Disclosure Statement dated June 2, 2016, is
available at http://bankrupt.com/misc/flbs-16-14739-21.pdf

National Ceramics of Florida, Corp. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-14739) on
April 1, 2016.  The Debtor is represented by David R. Softness,
Esq., at David R. Softness, PA.

The Troubled Company Reporter, on May 19, 2016, reported that 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 National Ceramics of Florida, Corp.


NAVISTAR INTERNATIONAL: Extends NPA Expiration to May 2017
----------------------------------------------------------
Navistar Financial Securities Corporation, as the seller, Navistar
Financial Corporation, as the servicer, and Credit Suisse AG, New
York Branch, as a managing agent, Credit Suisse AG, Cayman Islands
Branch, as a committed purchaser, Alpine Securitization Corp., as a
conduit purchaser, Bank of America, National Association, as
administrative agent, as a managing agent and as a committed
purchaser, New York Life Insurance Company, as a managing agent and
a committed purchaser, and New York Life Insurance and Annuity
Corporation, as a managing agent and a committed purchaser, entered
into Amendment No. 7 to Note Purchase Agreement to extend the
Scheduled Purchase Expiration Date to May 27, 2017.

On May 27, 2016, NFC entered into the Third Amended and Restated
Credit Agreement by and among NFC and Navistar Financial, S.A. de
C.V., Sociedad Financiera De Objeto Multiple, Entidad Regulada, a
Mexican corporation, as borrowers, the lenders party thereto,
JPMorgan Chase Bank, N.A., as administrative agent, and Bank of
America, N.A., as syndication agent.  The Third Amended and
Restated Credit Agreement has two primary components: a term loan
of $229.5 million, which includes an extended term loan tranche of
$92.0 million, and a revolving bank loan of $400.0 million, which
includes an extended revolving bank loan tranche of $274.7 million.
Utilization of the facility under the Third Amended and Restated
Credit Agreement was $557 million at April 30, 2016.  The revolving
bank loan has a Mexican sub-revolver providing for up to $100.0
million (which includes an extended Mexican sub-revolver tranche
providing for up to $80.5 million) which may be used by a Mexican
finance subsidiary of Navistar International Corporation, a
Delaware corporation.  The obligations under the Third Amended and
Restated Credit Agreement are secured by substantially all assets
of NFC.  The maturity date of the non-extended loans is the
original maturity date of Dec. 2, 2016, and the maturity date of
the extended loans is June 1, 2018.  In addition, the Third Amended
and Restated Credit Agreement provides for the following, among
other amendments: (i) following the original maturity date of the
non-extended loans, the increase of the interest rate margins on
the extended loans by an amount ranging from 0.50% to 1.75%,
depending upon the ratings of NIC and NFC, (ii) the modification of
the provisions allowing NFC to increase the size of the facility,
subject to obtaining commitments from existing or new lenders to
provide additional or increased revolving commitments and/or
additional term loans, to permit a maximum facility size of $700
million after giving effect to any such increase, and without
taking into account the non-extended loans and commitments, (iii)
the modification of certain of the provisions regarding investments
and restricted payments, (iv) the reduction of the maximum
permitted leverage ratio to 3.75:1, and (v) the insertion of a
collateral coverage ratio covenant.  In connection with the Third
Amended and Restated Credit Agreement, NFC paid certain fees, the
total of which NFC does not believe are material to its financial
position or results of operations.  The Third Amended and Restated
Credit Agreement amends and restates and supersedes and replaces in
its entirety that certain Second Amended and Restated Credit
Agreement, dated as Dec. 2, 2011, by and among NFC and Navistar
Financial, S.A. de C.V., Sociedad Financiera De Objeto Multiple,
Entidad Regulada, a Mexican corporation (formerly known as Navistar
Financial, S.A. de C.V., Sociedad Financiera De Objeto Multiple,
Entidad No Regulada), as borrowers, the lenders party thereto,
JPMorgan Chase Bank, N.A., as administrative agent, Bank of
America, N.A., as syndication agent, and Citibank, N.A., as
documentation agent.

On May 27, 2016, NIC entered into the Fourth Amended and Restated
Parent Guarantee in favor of the Administrative Agent for the
lenders party to the Third Amended and Restated Credit Agreement.
Pursuant to the Parent Guarantee, NIC guarantees the obligations of
its Mexican finance subsidiary under the Third Amended and Restated
Credit Agreement.

The Parent Guarantee supersedes and replaces in its entirety that
certain Third Amended and Restated Parent Guarantee, dated as of
Dec. 2, 2011, by NIC in favor of the administrative agent for the
lenders party to the 2011 Credit Agreement.

On May 27, 2016, NIC entered into the Fourth Amended and Restated
Parents' Side Agreement, by and between NIC and Navistar, Inc., a
Delaware corporation, for the benefit of the lenders from time to
time party to the Third Amended and Restated Credit Agreement.  The
Parents' Side Agreement requires that NIC and Navistar, Inc.
collectively continue to own 100% of the voting stock of NFC and
that Navistar, Inc. not permit NFC to have a fixed charge coverage
ratio of less than 1.25:1.  The Parents' Side Agreement supersedes
and replaces in its entirety that certain Third Amended and
Restated Parents' Side Agreement, dated as of Dec. 2, 2011, by NIC
and Navistar, Inc. for the benefit of the lenders party to the 2011
Credit Agreement.

On May 27, 2016, NFC entered into the Second Amended and Restated
Security, Pledge and Trust Agreement by and between NFC and
Deutsche Bank Trust Company Americas, a corporation duly organized
and existing under the laws of the State of New York, acting
individually and as trustee for the holders of the secured
obligations under the Third Amended and Restated Credit Agreement.
The Security Agreement supersedes and replaces in its entirety that
certain Amended and Restated Security, Pledge and Trust Agreement,
dated as of July 1, 2005, by and between NFC and the Trustee, as
amended.

                   About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.navistar.com/-- is a holding company whose             

subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The Company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

As of Jan. 31, 2016, Navistar had $5.98 billion in total assets,
$11.17 billion in total liabilities and a total stockholders'
deficit of $5.19 billion.

                          *     *     *

In the July 22, 2015, edition of the TCR, Moody's Investors Service
affirmed Navistar International Corporation's Corporate Family
Rating at B3 and assigned a Ba3 rating to Navistar, Inc.'s new
$1.04 billion senior secured term loan due 2020.

Navistar carries a 'B-' issue-level rating from Standard & Poor's
Ratings Services and 'CCC' Issuer Default Ratings from Fitch
Ratings.


NOVABAY PHARMACEUTICALS: May Issue 1.1M Add'l Shares Under Plan
---------------------------------------------------------------
NovaBay Pharmaceuticals, Inc. filed with the Securities and
Exchange COmmission a registration statement on Form S-8 to
register an additional 1,124,836 shares of common stock, par value
$0.01 per share, available for issuance under the Company's 2007
Omnibus Incentive Plan, as amended.  The increase in the number of
shares available for issuance under the 2007 Plan by 1,124,836
shares was approved by the Company's stockholders on May 26, 2016.
A copy of the prospectus is available for free at:

                       https://is.gd/QQg8tM

                   About NovaBay Pharmaceuticals

NovaBay Pharmaceuticals is a biopharmaceutical company focusing on
the commercialization of prescription Avenova lid and lash hygiene
for the domestic eye care market.  Avenova is formulated with
Neutrox which is cleared by the U.S. Food and Drug Administration
(FDA) as a 510(k) medical device.  Neutrox is NovaBay's proprietary
pure hypochlorous acid.  Laboratory tests show that hypochlorous
acid has potent antimicrobial activity in solution yet is non-toxic
to mammalian cells and it also neutralizes bacterial toxins.
Avenova is marketed to optometrists and ophthalmologists throughout
the U.S. by NovaBay's direct medical salesforce.  It is accessible
from more than 90% of retail pharmacies in the U.S. through
agreements with McKesson Corporation, Cardinal Health and
AmeriSource Bergen.

NovaBay reported a net loss of $18.97 million in 2015, a net loss
of $15.19 million in 2014 and a net loss of $16.04 million in
2013.

As of March 31, 2016, Novabay had $4.93 million in total assets,
$12.2 million in total liabilities, and a total stockholders'
deficit of $7.29 million.

OUM & Co. LLP in San Francisco, California, audited the
consolidated balance sheets of NovaBay Pharmaceuticals, Inc. as of
December 31, 2015 and 2014 and the related consolidated statements
of operations and comprehensive loss, stockholders' equity, and
cash flows for each of the three years in the period ended December
31, 2015.  The firm noted that the Company has suffered recurring
losses and negative cash flows from operations and has a
stockholders' deficit, all of which raise substantial doubt about
its ability to continue as a going concern.


OLD TAMPA BAY: Hires Blanchard Law as Attorney
----------------------------------------------
Old Tampa Bay Seafood Company, LLC, seeks permission from the U.S.
Bankruptcy Court for the Middle District of Florida to employ
Blanchard Law, P.A., as attorney.

Blanchard Law will:

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

         property, if appropriate;

      b. prepare, on behalf of the Debtor, necessary applications,

         answers, orders, reports, complaints, and other legal
         papers and appear at hearings thereon; and

      c. perform all other legal services for the Debtor as
         debtor-in-possession which may be necessary, and it is
         necessary for the Debtor as debtor-in-possession to
         employ the attorney for the professional services.

The Debtor wants to employ Blanchard Law under a general retainer
agreement with a $10,000 fee retainer (inclusive of a $1,717 filing
fee/cost retainer).  Blanchard Law will charge these hourly rates:

         Jake Blanchard, Esq.     $250
         Lydia Gazda, Esq.        $225
         Paralegal                 $70

Jake Blanchard, Esq., an attorney at Blanchard Law, assures the
Court that no attorney in the firm has any other connection with
the Debtor, creditors, U.S. Trustee, or any employee of that
office, or any other parties-in-interest.

Headquartered in Saint Petersburg, Florida, Old Tampa Bay Seafood
Company, LLC, dba I.C. Sharks filed for Chapter 11 bankruptcy
protection (Bankr. M.D. Fla. Case No. 16-04576) on May 26, 2016,
estimating its assets at between $1 million and $10 million and
liabilities at between $500,000 and $1 million.  The petition was
signed by Brian Storman, managing member.

Jake C Blanchard, Esq., at Blanchard Law, P.A., presides over the
case.


ON QUE: Wants Okay to Use Credit Card Lenders' Cash Collateral
--------------------------------------------------------------
On Que Food Service LLC borrowed $27,000 from Rapid Capital Funding
and $30,500 from Swift Capital, and pledged its credit card
receivables as collateral to secure repayment of the loan.  The
Debtor says it needs continued access to the lenders' cash
collateral to pay employees, buy food and operate its restaurant.
On average, the Debtor relates, its sales receipts are about $800
to $1,000 per day, and because those receipts exceed the $273
amount the lenders draw from the debtor's bank account each day,
they are adequately protected.  

Accordingly, On Que asks the Bankruptcy Court for permission to
continue using the lenders' cash collateral.  

On Que Food Service LLC, a Jakes Wayback Burgers franchisee, filed
a chapter 11 petition (Bankr. E.D.N.Y. Case No. 16-41930) on May 3,
2016, estimating its assets and debts at less than $1 million.
Nigel E. Blackman, Esq., at Blackman & Melville, PC, in
Lawrenceville, Ga., represents the Debtor.


PARADIGM EVERGREEN: Hires NorrisMcLaughlin & Marcus as Attorney
---------------------------------------------------------------
Paradigm Evergreen LLC asks for permission from the U.S. Bankruptcy
Court for the District of New Jersey to employ NorrisMcLaughlin &
Marcus, P.A., as attorney.

The Firm will provide representation of the Debtor in its pending
Chapter 11 case, including, but not limited to, all necessary court
appearances, research, preparation and drafting of pleadings and
other legal documents, hearing preparation and related work,
negotiations and advise with respect to the Debtor's Chapter 11
case.

The Firm will be paid at these hourly rates:

         Members                   $285-$650
         Associates                $175-$440
         Paralegals                $105-$210

Morris S. Bauer, Esq., a member of the Firm, assures the Court that
to the best of his knowledge, he, his firm, its members,
shareholders, partners, associates, and officers and employees do
not hold an adverse interest to the estate, do not represent an
adverse interest to the estate, and are disinterested under 11
U.S.C. Section 101(14).

The Firm can be reached at:

         NORRIS, McLAUGHLIN & MARCUS, P.A.
         Morris S. Bauer, Esq.
         Matteo Percontino, Esq.
         721 Route 202-206, Suite 200
         P.O. Box 5933
         Bridgewater, New Jersey 08807
         Tel: (908) 722-0700
         E-mail: mbauer@nmmlaw.com
                 mpercontino@nmmlaw.com

Headquartered in New York, New York, Paradigm Evergreen LLC filed
for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
16-19943) on May 23, 2016, estimating its assets at between $1
million and $10 million and liabilities at between $500,000 and $1
million.  The petition was signed by David Kushner, managing
member.

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


PHOTOMEDEX INC: Terminates Radiancy Merger Agreement
----------------------------------------------------
PhotoMedex, Inc., Radiancy, Inc., an indirectly wholly-owned
subsidiary of PHMD, and Photomedex Technology, Inc., a wholly-owned
subsidiary of PHMD, terminated:

    (a) the Agreement and Plan of Merger and Reorganization, dated
        as of Feb. 19, 2016, among PHMD, Radiancy, DS Healthcare
        Group, Inc. and PHMD Consumer Acquisition Corp., a wholly-
        owned subsidiary of DSKX ("Merger Sub A"); and

    (b) the Agreement and Plan of Merger and Reorganization, dated

        as of Feb. 19, 2016, among PHMD, P-Tech, DSKX, and PHMD
        Professional Acquisition Corp., a wholly-owned subsidiary
        of DSKX ("Merger Sub B").

Pursuant to the Merger Agreements, Radiancy was to merge with
Merger Sub A, with Radiancy as the surviving corporation in such
merger, P-Tech was to merge with Merger Sub B, with P-Tech as the
surviving corporation in such merger, and DSKX was to become the
holding company for Radiancy and P-Tech.

Given the material breaches identified in PHMD's notice to DSKX,
and filed as Exhibit 99.1 to PHMD's Current Report on Form 8-K
filed on April 12, 2016, and other disclosures and communications
by DSKX, in connection with PHMD's termination of the Merger
Agreements and pursuant to their terms, PHMD is seeking to recover
a termination fee of $3.0 million, an expense reimbursement of up
to $750,000 and its liabilities and damages suffered as a result of
DSKX's failures and breaches in connection with each of the Merger
Agreements.  On May 27, 2016, PHMD, Radiancy and P-Tech filed a
complaint in the U.S. District Court for the Southern District of
New York alleging breaches of the Merger Agreements by DSKX and
seeking the damages described in the foregoing sentence.

                       About PhotoMedex

PhotoMedex, Inc., is a global health products and services company
providing integrated disease management and aesthetic solutions to
dermatologists, professional aestheticians, ophthalmologists,
optometrists, consumers and patients.  The Company provides
proprietary products and services that address skin conditions
including psoriasis, vitiligo, acne, actinic keratosis, photo
damage and unwanted hair, as well as fixed-site laser vision
correction services at our LasikPlus(R) vision centers.

PhotoMedex and its subsidiaries has entered into a second
amended and restated forbearance agreement with the lenders that
are parties to the credit agreement dated May 12, 2014, and with JP
Morgan Chase, as administrative agent for the Lenders pursuant to
which the Lender have agreed to forbear from exercising their
rights and remedies with respect to certain events of default from
Aug. 25, 2014, until April 1, 2016, or earlier if an event of
default occurs, according to a document filed with the Securities
and Exchange Commission in March 2015.

Photomedex reported a net loss of $34.6 million on $75.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $121 million on $133 million of revenues for the year ended Dec.
31, 2014.

As of March 31, 2016, PhotoMedex had $31.89 million in total
assets, $23.7 million in total liabilities, and $8.17 million in
total stockholders' equity.


PROSPECT MEDICAL: Moody's Affirms B1 CFR & Rates $650MM Loan Ba3
----------------------------------------------------------------
Moody's Investors Service affirmed Prospect Medical Holdings,
Inc.'s B1 Corporate Family Rating and B1-PD Probability of Default
Rating.  Moody's also assigned a Ba3 (LGD 3) rating to the
company's proposed $650 million senior secured term loan B.  The
proceeds of the new term loan B, along with drawings under a $100
million asset based revolving credit facility (not rated by
Moody's) will be used to refinance Prospect Medical's existing debt
and fund three previously announced acquisitions in Connecticut and
Pennsylvania.  The rating outlook was revised to negative from
stable.

"Prospect Medical's pro forma adjusted debt to EBITDA will increase
to a relatively high 5.3 times as the company completes a number of
acquisitions that will nearly double its annual revenue," said Dean
Diaz, a Senior Vice President at Moody's. "However, earnings growth
at existing and newly acquired facilities will contribute to a
reduction in leverage over the next 12 to 18 months," continued
Diaz.

The affirmation of Prospect Medical's B1 Corporate Family Rating
reflects Moody's expectation that the company will benefit from
additional scale and diversification provided by the addition of
seven facilities and two states.  Moody's also believes that the
company will refrain from any additional large, transformational
acquisitions until recently acquired facilities are fully
integrated and leverage is reduced.

The negative rating outlook reflects Moody's consideration of the
risks associated with these transformational acquisitions.  Risks
include the challenges the company may have trying to scale
existing infrastructure in the integration process, the need to
improve operating results at the acquired facilities, and the
establishment of operations and physician relationships in new
markets.  Further, the high leverage resulting from the financing
of the transactions decreases the company's ability to absorb
setbacks or disruptions in operating results at the current rating
level.

Ratings assigned:

  Senior secured term loan B due 2022 at Ba3 (LGD 3)

Ratings affirmed:

  Corporate Family Rating at B1
  Probability of Default Rating at B1-PD
  Senior secured notes due 2019, at B1 (LGD 3) (rating to be
   withdrawn upon the planned redemption of the notes)
  The rating outlook was revised to negative from stable.

                          RATINGS RATIONALE

Prospect Medical's B1 Corporate Family Rating reflects the
company's moderate, though improving scale, its high financial
leverage, high concentration of revenue and EBITDA in only a few
markets, and significant reliance on California and Texas Medicaid
programs.  Moody's anticipates that Prospect Medical will remain
acquisitive in order to continue to gain scale and improve
geographic diversification.  However, Moody's expects that earnings
and cash flow growth from both existing and recently acquired
hospitals will allow the company to reduce leverage over the next
12 to 18 months.

The ratings could be downgraded if operational or integration
challenges cause a significant deterioration in financial metrics
or the company undertakes a material debt funded acquisition or
shareholder distribution.  More specifically, ratings could be
downgraded if Moody's expects debt to EBITDA to be sustained above
4.5 times or if liquidity weakens.

Prospect Medical's ratings could be upgraded if the company can
successfully integrate its planned acquisitions and improve
operations at newly acquired facilities without disruption. Moody's
would also have to see the company increase scale and enhance
revenue and earnings diversification while reducing financial
leverage.  More specifically, the ratings could be upgraded if
Prospect Medical reduces and maintains debt to EBITDA at around 3.5
times.

Headquartered in Los Angeles, California, Prospect Medical
Holdings, Inc. provides health care services through a network of
acute care and behavioral hospitals.  Through its Medical Group
business unit, the company provides administrative management of
health care services to independent physician organizations that
cover members through a network of primary care doctors and
specialists.  Prospect Medical recognized revenues of approximately
$1.4 billion in the twelve months ended March 31, 2016.  The
company is owned by certain funds of private equity firm Leonard
Green & Partners L.P. and members of the company's management
team.

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


QUANTUM FUEL: Court Approves $9-Mil. DIP Loan Increase
------------------------------------------------------
Judge Mark S. Wallace of the U.S. Bankruptcy Court for the Central
District of California, Santa Ana Division, authorizes Quantum Fuel
Systems Technologies Worldwide, Inc., to enter into the Third
Amendment with Douglas Acquisitions LLC, as DIP Lender, amending
the DIP Credit Agreement.

The Final Order was amended to authorize the Debtor to borrow from
the DIP Lender, on the terms and subject to the conditions and
limitations in availability set forth in the DIP Credit Documents
and this Order, loans in an original principal amount not to exceed
$9,000,000.00 outstanding at any time, and to incur all Obligations
(as defined in the DIP Credit Agreement) without further order of
the Court.  The Debtor is authorized to enter into one or more
amendments to the DIP Credit Agreement and the DIP Credit Documents
with the DIP Lender reflecting increases in the Obligations up to
$9,000,000.

The Debtor, the Official Committee of Unsecured Creditors, the U.S.
Trustee, the DIP Lender, and Western Alliance Bank, successor to
Bridge Bank, National Association to the Court submitted to the
Court a Stipulation which provides that "the Final DIP Order
authorized the Debtor to borrow up to $6 million...the Debtor
requires additional funds to continue its operations and complete
the proposed sale of its assets...the DIP Lender has agreed to
increase the amount it is willing to lend the Debtor to
$7,636,000.00 in principal amount at any one time outstanding,
subject to entry of an order...amending the Final DIP Order and
subject to the Debtor's execution of a Third Amendment to the DIP
Credit Agreement."

Attorneys for Quantum Fuel Systems Technologies Worldwide, Inc. dba
Quantum Technologies:

       John A. Simon, Esq.
       FOLEY & LARDNER, LLP
       One Detroit Center
       500 Woodward Avenue, Suite 2700
       Detroit, MI 48226-3489
       Telephone: (313) 234-7117
       Facsimile: (313) 234-2800
       Email: jsimon@foley.com

       -- and --

       Victor A. Vilaplana, Esq.
       Marshall J. Hogan, Esq.
       FOLEY & LARDNER, LLP
       3579 Valley Centre Drive, Suite 300
       San Diego, CA 92130
       Telephone: (858) 847-6759
       Facsimile: (858) 792-6773
       Email: vavilaplana@foley.com
              mhogan@foley.com

Attorneys for Douglas Acquisitions LLC:

       Ragan Powers, Esq.
       DAVIS WRIGHT TREMAINE LLP
       1201 Third Avenue, Suite 2200
       Seattle, WA 98101
       Telephone: (206) 757-8123
       Facsimile: (206)757-7123
       Email: raganpowers@dwt.com

Attorneys for Official Committee of Unsecured Creditors:

       Alexandra S. Kelly, Esq.
       LINER, LLP
       1100 Glendon Avenue, 14th FloQ/,
       Los Angeles, CA 90024
       Telephone: (310) 500-3500
       Facsimile: (310) 500-3501
       Email: akelly@linerlaw.com

Attorneys for Western Alliance Bank:

       Jeffrey D. Cawdrey, Esq.
       GORDON & REES LLP
       101 W. Broadway, Suite 2000
       San Diego, CA 92101
       Telephone: (619) 696-6700
       Facsimile: (619) 696-7124
       Email: jcawdrey@gordonrees.com

              About Quantum Fuel

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

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


R&G PROPERTIES: Trustee Awarded $516K Against Republic Bank
-----------------------------------------------------------
In the case captioned Republic Bank of Chicago, Plaintiff, v.
Michael Desmond, as Trustee, et al., Defendant, Case No. 13 C 6835
(N.D. Ill.), Judge John Robert Blakey of the United States District
Court for the Northern District of Illinois, Eastern Division,
found in favor of the Trustee and against Republic Bank on the
Trustee's breach of contract claim (Count I) and holdover claim
(Count III), and awards judgment in favor of the Trustee and
against Republic Bank as follows: on Count I, in the amount of
$370,375.02; and on Count III, in the amount of $146,000, for a
total award of $516,375.02.

Republic Bank of Chicago filed an adversary complaint in the
Bankruptcy Court seeking to determine its rights with respect to
certain commercial property previously held by the Debtor, R&G
Properties. The Trustee administering the bankruptcy estate of R&G
Properties, Michael K. Desmond, moved to have the reference
withdrawn and, when that motion was granted, he filed a three-count
counterclaim in this Court. After summary judgment proceedings
resolved several issues, the Court conducted a bench trial to
address the remaining issues. In accordance with Federal Rule of
Civil Procedure 52(a), this Memorandum Opinion and Order reflects
the Court's Findings of Fact and Conclusions of Law on the relevant
issues of the case.

A full-text copy of the Memorandum Opinion and Order dated May 31,
2016 is available at https://is.gd/QmeoDp from Leagle.com.

Republic Bank of Chicago, Plaintiff, is represented by Edward P.
Freud, Ruff, Weidenaar & Reidy, Ltd., Phillip Shawn Wood, Seyfarth
Shaw LLP, James B. Sowka, Seyfarth Shaw LLP, Michael Benjamin
Bregman, Ruff, Freud, Breems & Nelson Ltd. & Michael Ryan Pinkston,
Seyfarth Shaw LLP.

DELTA TRADING COMPANY, INC., Defendant, is represented by Richard
H. Fimoff, Esq. -- Robbins, Salomon & Patt, Ltd., Richard Lee
Stavins, Esq. -- Robbins, Salomon & Patt, Ltd. & Robert J. Trizna,
Esq. -- Robbins, Salomon & Patt, Ltd..

Michael K Desmond, Counter Claimant, is represented by James R.
Figliulo, Esq.-- jfigliulo@fslegal.com -- Figliulo & Silverman,
Marc S. Porter, Esq. -- mporter@fslegal.com -- Figliulo &
Silverman, Michael K. Desmond, Esq. -- mdesmond@fslegal.com --
Figliulo & Silverman & William G Cross, Esq. -- wcross@fslegal.com
-- Figliulo & Silverman, P.C..

Republic Bank of Chicago, Counter Defendant, is represented by
Edward P. Freud, Esq. -- epfreud@rfbnlaw.com -- Ruff, Weidenaar &
Reidy, Ltd., Phillip Shawn Wood, Esq. -- swood@seyfarth.com --
Seyfarth Shaw LLP & Michael Benjamin Bregman, Esq. --
mbregman@rfbnlaw.com -- Ruff, Freud, Breems & Nelson Ltd..

Michael K Desmond, Defendant, is represented by James R. Figliulo,
Figliulo & Silverman.

Michael K Desmond, Defendant, is represented by Marc S. Porter,
Figliulo & Silverman.

Michael K Desmond, Defendant, is represented by Michael K. Desmond,
Figliulo & Silverman.

Michael K Desmond, Defendant, is represented by William G Cross,
Figliulo & Silverman, P.C..


REDPRAIRIE CORP: Bank Debt Trades at 5% Off
-------------------------------------------
Participations in a syndicated loan under which RedPrairie Corp is
a borrower traded in the secondary market at 95.20
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.65 percentage points from the
previous week.  RedPrairie Corp pays 500 basis points above LIBOR
to borrow under the $1.44 billion facility. The bank loan matures
Dec. 21, 2018 and carries Moody's B3 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 27.



RESPONSE BIOMEDICAL: Files 2015 Conflict Minerals Report
--------------------------------------------------------
Response Biomedical Corp. is engaged in the research, development,
commercialization and distribution of diagnostic technologies for
the medical central-lab testing, point of care (POC) testing and
on-site environmental testing markets.  POC, on-site diagnostic
tests (or assays) are simple, non-laboratory based tests performed
using portable hand-held devices, compact desktop analyzers,
single-use test cartridges and/or dipsticks.  RAMP represents a
paradigm in diagnostics that provides sensitive and reliable
information in minutes.

Section 1502 of the Dodd-Frank Wall Street Reform and Consumer
Protection Act requires Response Biomedical to perform certain
procedures and disclose information about the use and origin of
"conflict minerals" if these minerals are deemed to be necessary to
the functionality or production of a product manufactured or
contracted to be manufactured by Response Biomedical.  The minerals
covered by these rules include tin, tantalum, tungsten and gold.

Conflict minerals are necessary to the functionality or production
of certain of Response Biomedical's products.  The RAMP Reader and
RAMP 200 Readers are made in part using conflict minerals that are
sourced from a global supply base that includes distributors,
value-added resellers, original equipment manufacturers, original
design manufacturers and contract manufacturers.

In accordance with the Act, Response Biomedical has performed a
"reasonable country of origin inquiry" on minerals that were in
Response Biomedical's supply chain after Jan. 1, 2015, to determine
whether these minerals were sourced from the Democratic Republic of
Congo or adjoining countries or come from recycled or scrap
sources.  Response Biomedical has concluded in, good faith, that
during 2015:

   a) it has manufactured and contracted to manufacture products
      to which conflict minerals are necessary to the
      functionality or production of such products; and

   b) based on a "reasonable country of origin inquiry," Response
      Biomedical was not able to conclude whether or not its
      products qualify as DRC conflict free (as defined in Form
      SD).

Response Biomedical performed its due diligence procedures from
January 1, 2015 through December 31, 2015 to determine the origin
of conflict minerals used in the production of its product
offerings across all product lines.  Response Biomedical's due
diligence procedures included building conflict minerals awareness
across the company's supply base and by surveying all direct
material suppliers that were known to or may have provided products
to Response Biomedical containing metal and/or conflict minerals.

Based on the incomplete representations made by its suppliers,
Response Biomedical is unable to conclude whether or not the origin
of the conflict minerals used in its products during calendar year
2015 were from the Covered Countries.

Response Biomedical has filed with the SEC a Form SD and the
associated Conflict Minerals Report, a copy of which is available
for free at https://is.gd/gR1SbF

                     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 of C$150,000 on C$15.41
million of total revenue for the year ended Dec. 31, 2015, compared
to a net loss of C$2.09 million on C$11.01 million of total revenue
for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Response had C$11.80 million in total assets,
C$12.51 million in total liabilities and a total shareholders'
deficit of C$711,000.

PricewaterhouseCoopers 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
recurring losses from operations and has an accumulated deficit at
Dec. 31, 2015, that raises substantial doubt about its ability to
continue as a going concern.


RICEBRAN TECHNOLOGIES: Presented at See Thru Investor Conference
----------------------------------------------------------------
Ricebran Technologies furnished a current report on Form 8-K with
the Securities and Exchange Commission in connection with the
disclosure of information, in the form of the textual information
from a Powerpoint presentation used by the Company at the See Thru
Equity Investor Conference.  A copy of the Presentation is
available for free at https://is.gd/GPKu6a

                         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: UCF 1 Trust 1 Consents to Cash Collateral Use
--------------------------------------------------------------
THe Honorable Jack B. Schmetterer placed his stamp of approval on
an agreed interim order granting Riverside Plaza Developers LLC
access to cash collateral pledged to secure repayment of
obligations to UCF I Trust 1 through July 1, 2015.  

As previously reported, UCF balked at the Debtor using cash
collateral to pay a management fee to John Breugelmans.  Judge
Schmetterer approved the Debtor's payment of the management fee
last month.  The Debtor projects its business will continue to
generate positive cash flows.  

UCF has complained that the Debtor has continually been advancing
Breugelmans' interest to the detriment of the Debtor's creditors
and interest holders when supposedly, this bankruptcy case is all
about the Debtor, and it is incumbent upon the Debtor to ensure
that UCF's collateral is adequately protected. Since the Debtor
has
not and cannot offer any protection to UCF, the Debtor can use
cash
collateral only with UCF's consent, and as explained in UCF's
earlier briefs, its cash collateral cannot be used to pay estate
professionals, more so to Breugelmans, particularly because the
Debtor has not filed an application to retain Breugelmans, has not
made the necessary disclosures, and has not explained how
Breugelmans is disinterested, and without an order approving his
employment, Breugelmans cannot simply be paid: he will need to
file
fee applications like any other professional.

In an effort to reach an amicable resolution of this dispute, the
Debtor will agree to a brief continuance of the evidentiary
hearing
so UCF can conduct as much discovery as its desires, provided,
however, that UCF immediately authorizes the use of cash
collateral
to pay Breugelmans for the services that he has provided to the
Debtor since the Petition Date.

Consequently, the Parties have reached an interim agreement as to
the Disputed Issue, such that the Bankruptcy Court for the
Northern
District of Illinois, Eastern Division grants the Debtor authority
to use the Cash collateral to pay Breugelmans management fee equal
to 4% of gross rents actually collected in March, April and May
2016, as reasonably confirmed to UCF prior to any payment with
reasonable documentation such as rent rolls and bank statements.

The hearing on the Cash Collateral Motion is continued to May 12,
2016, while the Disputed Issue has been scheduled to be heard on
June 2, 2016, the pre-trial status hearing on the Disputed Issue
will be at 11:00 a.m., followed by an evidentiary hearing on the
Disputed Issue at 2:00 p.m., along with the hearing on UCF's
motion
for relief from the automatic stay.

A full-text copy of the Agreed Interim Cash Collateral Order dated
May 6, 2016 is available at
http://bankrupt.com/misc/RIVERSIDEPLAZA0506InterimCashCollOrder.pdf


Riverside Plaza Developers LLC is represented by:

       Neal L. Wolf, Esq.
       John A. Benson, Jr., Esq.
       TETZLAFF LAW OFFICES, LLC
       227 W. Monroe Street, Suite 3650
       Chicago, IL 60606
       Telephone: (312)574-1000
       Facsimile: (312)574-1001
       E-mail: nwolf@tetzlafflegal.com
               jbenson@tetzlafflegal.com

UCF I Trust 1 is represented by:

       William J. Factor, Esq.
       Sara E. Lorber, Esq.
       Jeffrey K. Paulsen, Esq.
       FACTORLAW
       105 W. Madison Street, Suite 1500
       Chicago, IL 60602
       Telephone: (847) 239-7248
       Facsimile: (847) 574-8233
       E-mail: wfactor@wfactorlaw.com
               slorber@wfactorlaw.com
               jpaulsen@wfactorlaw.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.


ROYAL CAR WASH: July 13 Confirmation Hearing
--------------------------------------------
Judge Jeff Bohm of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, conditionally approved the
disclosure statement explaining Royal Car Wash, Inc., and Edmundo
Tijerina's plan.

July 6 is fixed as the last day for filing written acceptances or
rejections of the Debtors' Original Plans and the last day for
filing obbjections to confirmation of the Plan or the final
approval of the Disclosure Statement.  July 13 is fixed for the
hearing on confirmation of the Plans.  The hearing on cofirmation
of the First Amended Plan filed by Royal Car Wash and the First
Amended Plan filed by Ed Tijerina will be heard together.

Royal Car Wash, Inc. (Bankr. S.D. Tex., Case No.: 15-34454) filed a
Chapter 11 Petition on August 25, 2015.  The case is assigned to
Judge Jeff Bohm.  The Debtor's counsel is Peter Johnson, Esq., at
Law Offices of Peter Johnson, in Houston, Texas.  The Debor had
estimated assets ranging from $1 million to $10 million and
estimated liabilities ranging $1 million to $10 million.  The
petition was signed by Edmundo Tijerina, Jr., president.


SASSYFRAS INVESTMENTS: July 27 Hearing on Disclosures, Plan
-----------------------------------------------------------
Judge Paul Sala of the U.S. Bankruptcy Court for the District of
Arizona conditionally approved the disclosure statement explaining
Sassyfras Investments, LLC's plan of reorganization and fixed July
27, 2016, at 10:00 a.m., as the hearing with respect to both the
Disclosure Statement as well as confirmation of the Plan.

This hearing is not scheduled as an evidentiary hearing.

Sassyfras Investments, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ariz. Case No. 16-01178) on February
10, 2016. The Debtor is represented by William R. Richardson, Esq.,
at Richardson & Richardson PC.

The Troubled Company Reporter, on March 31, 2016, reported that 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 Sassyfras Investments, LLC.


SEQUOIA VOTING: Taps Dan Brennan as Valuation Expert
----------------------------------------------------
Sequoia Voting Systems, Inc., and Tom H. Connolly, the Chapter 7
trustee of SVS Holdings, Inc., ask for permission from the U.S.
Bankruptcy Court for the District of Colorado to employ Dan Brennan
as valuation expert for the Debtor and for the Trustee, nunc pro
tunc to May 1, 2016.

Mr. Brennan will:

   (a) perform valuation analysis;

   (b) conduct other analyses as might be requested in connection
       with the work; and

   (c) potentially act as an expert witness in litigation.

Mr. Brennan's current established hourly rate is $300.

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

Mr. Brennan 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.

Mr. Brennan can be reached at:

       Dan Brennan
       BRENNAN CONSULTING
       110 Bank St. Southeast, Ste. 203
       Minneapolis, MN 55414

SVS Holdings, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D. Colo. Case No. 10-24238) on June 8, 2010.  On October 16, 2012,
the Court entered its Order converting the case to a Chapter 7
proceeding and appointed Tom H. Connolly as Chapter 7 Trustee.

With the approval of the Bankruptcy Court on February 11, 2014, the
Trustee caused Sequoia Voting Systems, Inc., based in Louisville,
Colorado, to file its voluntary Chapter 11 petition (Bankr. D.
Colo. Case No. 14-11360) on Feb. 11, 2014.  It listed total assets
of $547,583 and total liabilities of $3.38 million.  The petition
was signed by Tom H. Connolly, president.

Attorneys for Chapter 7 Trustee Tom H. Connolly and for Sequoia
Voting Systems, Inc.:

     Daniel J. Garfield, Esq.
     MCALLISTER LAW OFFICE, P.C.
     36 Steele St., Suite 200
     Denver, CO 80206
     Tel: 720-722-0048
     Fax: 720-542-8391
     E-mail: dgarfield@mcallisterlawoffice.com


SFX ENTERTAINMENT: Vivendi Unit Wins Auction for Ticketing Business
-------------------------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that bankrupt electronic music festival company SFX Entertainment
Inc. has named a $4 million offer the highest and best bid for its
event-ticketing business called Flavorus.

According to the report, citing court documents, Vivendi Ticketing
U.S. LLC, a U.S. unit of the British ticketing company Vivendi
S.A., was named the successful bidder following an auction June 2
and June 3.  Vivendi sells tickets as See Group and Digitick to
performing-arts shows, music festivals, sports events and theme
parks, the report related.  Among the more notable of its ticket
sales is for the Ryder Cup, a golf tournament, the report further
related.  Flavorus, as operated by SFX, sold tickets to SFX events,
including Electric Zoo, but also to a range of nightclubs, gay
pride festivals and food events, the report added.

SFX acquired Flavorus in 2014 for $17.1 million but said in court
documents that it doesn’t want to hold on to the business after
it restructures, the report said.  The company had planned to
auction Flavorus on May 2 but delayed the sale, the report noted.

                     About SFX Entertainment

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

The Debtors disclosed total assets of $662 million and total debt
of $490 million.

Judge Mary F. Walrath is assigned to the case.

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

The Official Committee of Unsecured Creditors retained Pachulski
Stang Ziehl & Jones LLP as counsel; and Conway Mackenzie, Inc., as
financial advisor.


SHOOT THE MOON: Wants Exclusivity Period Extended to July 31
------------------------------------------------------------
Jeremiah Foster, the Chapter 11 Trustee in the bankruptcy case of
Shoot The Moon, LLC, asks the U.S. Bankruptcy Court for the
District of Montana to extend exclusivity period by an additional
40 days, up to and including July 31, 2016.

The Chapter 11 Trustee continues to work diligently on a proposed
sale of property of the estate which will be presented to the Court
in conjunction with a plan.  However, additional time is needed in
order for Chapter 11 Trustee to work with the parties in interest
to build support for a plan and to work on the proposed sale.

In this case, the Debtor operated approximately 11 Chili's
restaurants, 3 On the Border restaurants, and 2 Moonshine Grill
restaurants in the states of Idaho, Montana, and Washington.  These
restaurant operations were conducted through approximately 19
different entities, which were all merged into the Debtor on the
eve of bankruptcy.  The books, tax and accounting issues of the
Debtor and the merged entities were in complete disarray when
Trustee was appointed.

The Chapter 11 Trustee is represented by:

      David B. Cotner, Esq.
      Trent N. Baker, Esq.
      Del M. Post, Esq.
      DATSOPOULOS, MacDONALD & LIND, P.C.
      201 W. Main Street Suite 201
      Missoula, Montana 59802
      Tel: (406) 728-0810
      Fax: (406) 543-0134
      E-mail: dcotner@dmllaw.com
              tbaker@dmllaw.com
              dpost@dmllaw.com

Shoot The Moon, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. D. Mont. Case No. 15-60979) on Oct. 21, 2015.  Gary S.
Deschenes, Esq., at Deschenes & Associates serve as the Debtor's
bankruptcy counsel.


SIMPLY GOURMET: Amends Application to Hire LeClairRyan as Counsel
-----------------------------------------------------------------
Simply Gourmet, Inc., filed with the U.S. Bankruptcy Court for the
Western District of New York an amended application for entry of an
order authorizing the employment of LeClairRyan, A Professional
Corporation, as counsel to the Debtor, effective nunc pro tunc to
the Petition Date.

The Firm will provide these services:

      (a) advising the Debtor regarding its rights, powers, and
          duties as debtor and debtor-in-possession in the
          continued operation of its business and property;

      (b) attending meetings and negotiating with representatives
          of creditors and other parties in interest and advising
          and consulting on the conduct of this Chapter 11 case,
          including all of the legal and administrative
          requirements of operating in Chapter 11;

      (c) taking all necessary actions to protect and preserve the
          Debtor's estate, including the prosecution of actions on

          its behalf, the defense of any actions commenced against

          the Debtor's estate, negotiations concerning all
          litigation in which Debtor may be involved, and
          objections to claims filed against the Debtor's estate;

      (d) preparing and filing on behalf of Debtor all motions,
          applications, complaints, answers, orders, reports, or
          other papers necessary or otherwise beneficial to the
          administration of the Debtor's estate;

      (e) advising Debtor concerning, and assisting in the
          negotiation and documentation of, cash collateral orders

          and related transactions;

      (f) negotiating and preparing on the Debtor's behalf plan(s)

          of reorganization, disclosure statement(s) and all
          related agreements and documents and taking any
          necessary actions on behalf of Debtor to obtain
          confirmation of the plan(s);

      (g) providing assistance, advice, and representation
          concerning any potential sale of Debtor as a going
          concern or the sale of a significant portion of the
          Debtor's assets;

      (h) providing assistance, advice, and representation
          concerning any investigation of the assets, liabilities
          and financial condition of Debtor that may be required
          under local, state, or federal law;

      (i) appearing before the Court, any appellate courts, and
          the U.S. Trustee, and protecting the interests of the
          Debtor's estate before such courts and the U.S. Trustee;

      (j) providing counsel and representation with respect to
          assumption or rejection of executory contracts and
          leases and other bankruptcy-related matters arising in
          the Chapter 11 case;

      (k) advising the Debtor regarding all legal matters arising
          during the Chapter 11 case, including, but not limited
          to, securities, corporate, finance, labor, intellectual
          property, tax, and commercial matters;

      (l) analyzing the validity of liens against Debtor; and

      (m) performing all other necessary legals services and
          providing all other necessary legal advice to Debtor in
          connection with this Chapter 11 case.

The Firm will be paid at these hourly rates:

          Maureen T. Bass, Esq., Shareholder          $340
          Michael J. Crosnicker, Esq., Associate      $250
          Jill Harris, Paralegal                      $140

Other attorneys and paralegals will, from time to time, assist in
the representation of Debtor in connection with the Chapter 11 case
at the Firm's standard hourly rates in effect for the personnel.
Presently, the hourly rates which the Firm charges are within these
ranges:

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

Maureen T. Bass, Esq., shareholder with the Firm, assures the Court
that the Firm does not represent any interest adverse to Debtor and
is a disinterested person as that term is defined in Section
101(14) of the Bankruptcy Code.

Simply Gourmet, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. W.D.N.Y. Case No. 16-10798) on April 20, 2016.


SKAGIT GARDENS: Lines Up Buyer After Owner Charged with Fraud
-------------------------------------------------------------
Katy Stech, writing for Daily Bankruptcy Review, reported that
Skagit Gardens Inc., a bankrupt Washington state nursery, has found
a potential buyer three months after federal securities regulators
accused the company’s owner of fraud.

According to the report, citing court papers, Skagit Gardens'
lawyers identified a buyer affiliated with an Ohio gardening
company as the first bidder to step forward, with an offer of
roughly $6.2 million.  They told a bankruptcy judge that they’ll
continue to look for buyers with better offers, the report
related.

Skagit Gardens officials intensified their search for a buyer in
March after the U.S. Securities and Exchange Commission sued the
nursery's owner, Aequitas Management LLC, the report further
related.  The lawsuit accused the Lake Oswego, Ore., investment
firm of hiding its rapidly deteriorating financial condition from
more than 1,500 investors who committed more than $350 million to
the venture, the report said.

The SEC lawsuit, filed in U.S. District Court in Portland, Ore.,
said Aequitas Management Chief Executive Robert Jesenik covered a
cash shortfall at the investment firm by raising money from new
investors and convincing prior investors to reinvest, the report
added.

Skagit Gardens Inc. (Bankr. W.D. Wash., Case No. 16-12879) and
three affiliates filed Chapter 11 petitions on May 27, 2016.  The
company is a wholesale nursery that grows two categories of plants,
finished plants and plugs/liners, each grown for different types of
customers.  The case is assigned to Judge Christopher M. Alston.

The Debtors' Counsel is Armand J Kornfeld, Esq., Christine M
Tobin-Presser, Esq., and Aimee S Willig, Esq., at Bush Kornfeld
LLP, in Seattle, Washington.

The Debtor had $12.5 million in total assets and $19.3 million in
total liabilities.

The petitions were signed by Mark Buchholz, president.


SKII LLC: Wants Exclusive Plan Filing Deadline Moved to Sept. 26
----------------------------------------------------------------
Skii, LLC, and Swisher Courts LLC ask the U.S. Bankruptcy Court for
the Eastern District of Texas to extend the Debtors' exclusive
periods to file a Chapter 11 plan or plans and to solicit
acceptances of the plan(s) for 90 days through and including Sept.
26, 2016, and Nov. 25, 2016, respectively.

At this time, the Debtors are in the middle of trying to resolve
its issues with a secured creditor.  The parties are working to
schedule a mediation, which, if successful, will resolve the issues
with the secured creditor.  If exclusivity terminates and competing
Chapter 11 plans are filed, resources and energy will necessarily
be diverted from negotiating a consensual Chapter 11 plan to
prosecuting and defending competing Chapter 11 plans.

This is the Debtors' first request for extension of the Exclusive
Periods.  The Debtors have made significant progress in the Chapter
11 cases.  The Debtors have been in active negotiations with their
secured creditor and are working toward scheduling a mediation.

The Debtors have met postpetition obligations as they come due.

The Debtors are represented by:

      SINGER & LEVICK, P.C.
      Larry A. Levick, Esq.
      Michelle E. Shriro, Esq.
      16200 Addison Road, Suite 140
      Addison, Texas 75001
      Tel. (972) 380-55533
      Fax (972) 380-5748
      E-mail: mshriro@singerlevick.com
              levick@singerlevick.com

Headquartered in Lake Dallas, Texas, Skii, LLC, filed for Chapter
11 bankruptcy protection (Bankr. E.D. Texas Case No. 16-40359) on
Feb. 29, 2016, estimating its assets and liabilities at between $1
million and $10 million each.  The petition was signed by Jodi
Bieke, managing member.

Larry A. Levick, Esq., at Singer & Levick, P.C., serves as the
Debtor's bankruptcy counsel.


SMITH HEALTH CARE: Plan Proposes 100% Recovery to Unsecureds
------------------------------------------------------------
Smith Health Care, Ltd., aka Smith Nursing Home; fdba Smith Nursing
& Convalescent Home of Mountain Top, Inc., filed with the U.S.
District Court for the Middle District of Pennsylvania a disclosure
statement and plan of reorganization, which propose to pay general
unsecured creditors the sum of $25,000 per quarter, pro-rata until
100% of their claims are paid in full.

General unsecured creditors will be paid beginning after priority
tax claims are paid in full.

Unsecured creditors with allowed claims of less than $15,000 can
opt to be classified as Convenience Claims, a class separate from
General Unsecured Creditors.  Allowed claims in the Convenience
Class will be paid 75% of their allowed claims in full settlement
within 30 days after the effective date.

A full-text copy of the Disclosure Statement dated May 31, 2016, is
available at http://bankrupt.com/misc/SHCds0531.pdf

Smith Health Care, Ltd, aka Smith Nursing Home, fdba Smith Nursing
& Convalescent Home of Mountain Top, Inc. (Bankr. M.D. Pa., Case
No. 14-05092) filed a Chapter 11 Petition on October 31, 2014.  The
case is assigned to Judge Robert N Opel II.

The Debtor's counsel is John H. Doran, Esq., and Lisa M. Doran,
Esq., at Doran & Doran, P.C., in Wilkes-Barre, Pennsylvania.

The Debtor has estimated assets ranging from $1 million to $10
million and estimated liabilities ranging from $1 million to $10
million.  The petition was signed by Donna L. Strittmatter,
president.


SNUG HARBOR: Hires Stauffer Edwards as Accountant
-------------------------------------------------
Snug Harbor Marina, LLC, asks for authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ George A.
Stauffer, Jr., of Stauffer Edwards & Co. as accountant.

Stauffer Edwards will provide these services:

      a. investigation of financial affairs of the Debtor and
         related parties;

      b. preparation of all necessary State and Federal tax and
         information returns; and

      c. performance of other customary services for the proper
         administration of this case.

Stauffer Edwards will be paid these hourly rates:

         Partner                     $200
         Senior Associate            $150
         Junior Associate             $75

Mr. Stauffer assures the Court that Stauffer Edwards doesn't hold
an adverse interest to the estate, doesn't represent an adverse
interest to the estate and to the Debtor with respect to the matter
for which the Firm will be retained under 11 U.S.C. Section 327(e),
and that the Firm is disinterested under 11 U.S.C. Section
101(14).

Stauffer Edwards can be reached at:

         George A. Stauffer, Jr.
         Stauffer Edwards & Co., P.A.
         3201 Pacific Avenue, Suite 2
         Wildwood, NJ 08260
         Tel: (609) 522-0246
         E-mail: gas@staufferedwards.com

Headquartered in Cape May, New Jersey, Snug Harbor Marina, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
16-16895) on April 11, 2016, listing $6.46 million in total assets
and $3.78 million in total liabilities.  The petition was signed by
Ralph P. Farrell, member.

Judge Andrew B. Altenburg Jr. presides over the case.

Scott M. Zauber, Esq., at Subranni Zauber LLC serves as the
Debtor's bankruptcy counsel.


SOUTH BUFFALO: Seeks Permission to Finance $138K Insurance Premium
------------------------------------------------------------------
South Buffalo Electric, Inc. ask the U.S. Bankruptcy Court,
pursuant to 11 U.S.C. Sec. 364(c)
and Fed.R. Bankr. P. 4001(c), for authority (a) to enter into a
Premium Finance Agreement with IPFS Corporation, and (b) to grant
IPFS a first priority lien and security interest in all unearned or
return premiums and dividends which may become payable under the
policies, and a lien and security interest in loss payments which
reduce the unearned premiums subject only to any mortgagee or loss
payee interests, and further requests that any deficiency claim of
IPFS remaining in the event that IPFS must proceed against its
collateral be afforded administrative expense priority under 11
U.S.C. Sec. 364(c)(1).

The Debtor says the insurance policies are crucial to the operation
of its business.  The Agreement will require the Debtor to make a
down payment to IPFS in the amount of $47,779.60, and to make
monthly payments in the amount of $12,965.60 each over a term of 7
months.  The annual percentage rate is 6.81% and the total amount
financed under the Agreement is $138,538.80.  Additional premiums
due, but billed direct by the insurance provider(s), including
property insurance and Workers' Compensation, require a down
payment in the amount of $24,320, and to make monthly payments in
the amount of $10,011 each over a term of 9 months.

South Buffalo Electric, Inc., sought chapter 11 protection (Bankr.
W.D.N.Y. Case No. 16-10838) on Apr. 27, 2016, and is represented by
Robert B. Gleichenhaus, Esq., and Michael A. Weishaar, Esq., at
GLEICHENHAUS, MARCHESE & WEISHAAR, P.C., in Buffalo, N.Y.  The
Debtor estimated its assets at less than $10 million at the time of
the filing.


SOUTHCROSS HOLDINGS: Moody's Assigns Caa2 CFR, Outlook Stable
-------------------------------------------------------------
Moody's Investors Service assigned Southcross Holdings Borrower LP
a Caa2 Corporate Family Rating, a Caa2-PD Probability of Default
Rating and a Caa2 rating to its two tranches of senior secured term
loans.  The rating outlook is stable.  These ratings were assigned
following Holdings' emergence from bankruptcy on April 13, 2016.
Concurrent with these actions, Moody's changed Southcross Energy
Partners, LP's rating outlook to stable from negative.  Southcross'
Caa1 CFR, Caa1-PD PDR and Caa1 senior secured term loan rating were
affirmed.  Southcross' Speculative Grade Liquidity Rating was
changed to SGL-3 from SGL-4.

"Holdings has a more tenable capital structure following the
extinguishment of roughly $700 million of debt and preferred equity
through the bankruptcy process, said Sajjad Alam, Moody's
AVP-Analyst.  "Although cash flow generation will remain weak in
2016, Holdings does have a significant cash balance that could be
used to manage capital expenditures, interest payments and likely
equity cure payments to Southcross through 2017.  Southcross'
stable rating outlook reflects the improved financial health of its
general partner (GP), and the enhanced liquidity afforded by the
suspension of cash distributions."

Ratings Assigned:

Southcross Holdings Borrower LP
  Corporate Family Rating, Assigned Caa2
  Probability of Default Rating, Assigned Caa2-PD
  Senior Secured Term Loan Facilities, Assigned Caa2 (LGD-3)

Ratings Affirmed:

Southcross Energy Partners, LP
  Corporate Family Rating, Affirmed Caa1
  Probability of Default Rating, Affirmed Caa1-PD
  Senior Secured Bank Credit Facility, Affirmed Caa1 (LGD-3)

Ratings Changed:

Southcross Energy Partners, LP
  Speculative Grade Liquidity Rating, Changed to SGL-3 from SGL-4

Outlook Actions:

Southcross Energy Partners, LP
  Change to Stable from Negative

Southcross Holdings Borrower LP
  Assign Stable Outlook

                         RATINGS RATIONALE

Southcross' Caa1 CFR reflects its very high financial leverage,
elevated covenant violation risks through mid-2017 that will
necessitate ongoing equity cures from its general partner,
concentrated and limited scale operations in the Eagle Ford Shale
and our expectation of continued price and volume challenges
through 2017.  Drilling activities have slowed sharply in the Eagle
Ford driven by weak commodity prices, and as a result, the
partnership will struggle to grow its planned throughput volumes
and cash flows.  As a MLP, the partnership may also experience
difficulties in accessing equity capital markets given its recent
decision to suspend distributions.  Southcross' ratings are
supported by its meaningful minimum volume commitment contracts,
fixed-fee and fixed-spread contractual arrangements that mitigate
commodity price risk, and integrated midstream business model that
helps earn fees multiple times as it moves natural gas and NGLs
from the wellhead to end user markets.

Holdings' Caa2 CFR reflects its high financial leverage through
2016 despite the recent debt restructuring, structurally
subordinated position to Southcross, in which Holdings owns a 67%
limited partnership (LP) stake as well as the 2% GP interest, and
no anticipated cash flow from Southcross in the form of
distribution payments through 2017.  The Caa2 rating also
recognizes the execution risk associated with Holdings' growth
plans for its wholly-owned assets and the slow projected ramp up in
earnings through 2017.  Holdings is rated one notch beneath
Southcross because of owning a discrete set of assets that will
generate almost all of Holdings' cash flows through 2017 and its
substantial cash balance.  However, if more asset dropdowns and
equity contributions to Southcross materialize, Holdings will
become increasingly reliant on the subordinated cash flow stream
from Southcross that could create a two-notch rating separation
between Holdings and Southcross.

Southcross should have adequate liquidity through mid-2017 which is
captured in the SGL-3 rating.  Internally generated cash flows
should be sufficient to cover interest, capex and working capital
requirements following the suspension of distributions.  Southcross
will conserve roughly $45 million in unpaid cash distributions in
2016 that could be used to fund capex or repay debt.  The
partnership had $13 million of cash and no availability under its
$200 million revolving credit facility as of March 31, 2016.
Despite management's intent to reduce revolver debt, Southcross
will likely be in violation of its total leverage covenant through
mid-2017 if earnings do not increase from current levels.  As a
result, the partnership will need equity cures from its GP to
remain in compliance with the financial covenant. Southcross has
commitment from its GP to meet the necessary equity cures.  The
total leverage covenant requires debt/EBITDA to be at or below 5.5x
at June 30, 2016, stepping down to 5.25x at September 30, 2016, and
to 5x at Dec. 31, 2016.  Alternate sources of liquidity for the
partnership through potential asset sales are limited.

Holdings should have adequate liquidity to cover its interest
payments, scheduled term loan amortizations, capex and any
potential equity cures for Southcross through 2017.  At the end of
April 2016, Holdings had over $100 million of available cash
liquidity.

Southcross' CFR could be downgraded if leverage does not decline
below 7x by early 2017.  If the partnership can eliminate its
covenant violation risks and sustain leverage below 5x an upgrade
could be considered.

Holdings' stable outlook reflects its adequate liquidity and our
expectation of improving cash flows.  Holding's ratings could be
downgraded if it depletes a significant portion of its liquidity
prior to establishing a sustainable earnings platform.  A downgrade
could also stem from a downgrade to Southcross' ratings. In order
for Holdings' ratings to be considered for an upgrade, Southcross'
ratings would likely need to be upgraded above B3 and distributions
would have to be initiated to provide additional cash flows to
Holdings for its own debt service requirements.

The Caa1 rating on Southcross' senior secured term loan facility
reflects its first-lien interest in substantially all of the assets
of Southcross.  The $450 million term loan and the $200 million
revolving credit facility at Southcross rank pari passu. Having a
single class of debt in the capital structure results in the term
loan being rated at the Caa1 CFR level under Moody's Loss Given
Default Methodology.  Similarly, Holdings' term loans are rated
Caa2, the same level as Holdings' Caa2 CFR, because of the
preponderance of a single class of debt in the capital structure.

The principal methodology used in these ratings was Global
Midstream Energy published in December 2010.

Southcross Energy Partners, LP is a midstream MLP headquartered in
Dallas, Texas.  Southcross Holdings Borrower LP wholly owns the
general partner of Southcross and is also headquartered in Dallas,
Texas.


SPORTS AUTHORITY: Court Denies ASICS' Bid for Stay Pending Appeal
-----------------------------------------------------------------
Judge Sue L. Robinson of the United States District Court for the
District of Delaware denied  ASICS America Corporation's emergency
motion for stay pending appeal of an order in the adversary case
captioned ASICS AMERICA CORPORATION Appellant, v. SPORTS AUTHORITY
HOLDINGS, INC., et al., Appellees, Civ. No. 16-386-SLR (Bankr. D.
Del.).

Judge Robinson ruled that the "harm to Sports Authority is
irreparable.  Memorial Day weekend is a major shopping holiday and
a stay would be greatly disruptive to Sports Authority's operations
at a critical time.  Significantly, a stay would materially alter
the agreement signed by the Liquidating Agent who anticipated
ASICS-brand goods would be included as part of a Memorial Day sale.
Creating such a drastic change at such a late time would create an
unanticipated burden for Sports Authority employees and possibly
affect the sale of other products.  The balance of harms weighs in
favor of Sports Authority.  The public interest is largely
neutral."

A full-text copy of the Memorandum dated May 27, 2016 is available
at https://is.gd/R6mlmO from Leagle.com.

The bankruptcy case is IN RE SPORTS AUTHORITY HOLDINGS, INC, Bank.
No. 12-13262 (BLS)(Bankr. D. Del.).

ASICS America Corporation, Appellant, is represented by Christopher
D. Loizides, Esq. -- loizides@loizides.com -- Loizides &
Associates.

Sports Authority Holdings, Inc. et al., Appellee, is represented by
Kenneth John Enos, Esq. --
kenos@ycst.com -- Young, Conaway, Stargatt & Taylor LLP, Michael
Sean Neiburg, Esq. --
mneiburg@ycst.com -- Young, Conaway, Stargatt & Taylor LLP &
Michael R. Nestor, Esq. --
mnestor@ycst.com -- Young, Conaway, Stargatt & Taylor LLP.

Wilmington Savings Fund Society, FSB, as Term Loan Agent, Appellee,
is represented by Daniel Bryan Butz, Esq. -- dbutz@mnat.com --
Morris, Nichols, Arsht & Tunnell LLP.

                     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.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.  Lawyers at Pachulski
Stang Ziehl & Jones LLP represent the Official Committee of
Unsecured Creditors.


STARSHINE ACADEMY: 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 Starshine Academy.

Starshine Academy, dba Starshine Academy Schools, filed a Chapter
11 bankruptcy petition (Bankr. D. Ariz. Case No. 16-01803) on Feb.
26, 2016.  Patricia A. McCarty, the president, signed the
petition.

The Debtor estimated both assets and liabilities in the range of
$10 million to $50 million.  Carmichael & Powell, P.C. represents
the Debtor as counsel.  Judge Scott H. Gan is assigned to the case.


STEWART ENVIRONMENTAL: Wants Access to Cash Collateral
------------------------------------------------------
The Honorable Harlin DeWayne Hale entered a final order last week
granting Stewart Environmental Air Systems, Inc.'s request for
permission to use cash collateral pledged to repay amounts borrowed
from First Bank through confirmation of a chapter 11 plan.

According to the Debtor's accounts, the amount of prepetition
accounts on the date of the bankruptcy filing was $476,662.84.  As
of the accounts aging of May 17, 2016, the total amount of accounts
was $378,544.73.  To adequately protect First Bank's security
interest in accounts, First Bank is granted a security interest in
all of Debtor's accounts, including post-petition accounts.

Stewart Environmental Air Systems, Inc., based in Wichita Falls,
Tex., sought chapter 11 protection (Bankr. N.D. Tex. Case No.
15-70391) on Dec. 2, 2015, and is represented by Joyce W. Lindauer,
Esq., in Dallas.  The Debtor estimated its assets at less than
$50,000 and its debts at more than $1 million at the time of the
filing.  


STONE ENERGY: To Effect a 1-for-10 Reverse Stock Split
------------------------------------------------------
Stone Energy Corporation announced that the Board of Directors of
the Company has approved a 1-for-10 reverse split of its issued and
outstanding shares of common stock.  The 1-for-10 reverse stock
split will be effective upon the filing and effectiveness of a
certificate of amendment to Stone's certificate of incorporation
after the market closes on June 10, 2016, and Stone's common stock
will begin trading on a split-adjusted basis when the market opens
on June 13, 2016.

At Stone's 2016 Annual Meeting of Stockholders held on May 19,
2016, Stone's stockholders granted authority to the Board of
Directors, in its discretion, to determine whether to proceed with
the reverse stock split and, if the Board of Directors so
determines, to select and file a certificate of amendment to
Stone's certificate of incorporation to effect the reverse stock
split at a ratio to be determined by the Board of Directors.

When the reverse stock split becomes effective, every 10 shares of
Stone's issued and outstanding common stock (and such shares held
in treasury) will automatically be converted into one share of
common stock.  No fractional shares will be issued if, as a result
of the reverse stock split, a stockholder would otherwise become
entitled to a fractional share.  Instead, each stockholder will be
entitled to receive a cash payment equal to the fraction of which
such holder would otherwise be entitled multiplied by the closing
price per share on June 10, 2016.  The reverse stock split will not
impact any stockholder's percentage ownership of Stone or voting
power, except for minimal effects resulting from the treatment of
fractional shares.  Following the reverse stock split, the number
of outstanding shares of Stone's common stock will be reduced by a
factor of ten.  The certificate of amendment to Stone's certificate
of incorporation in connection with the reverse stock split will
also proportionately decrease the number of authorized shares of
common stock.  The overall and per person share limitations in the
Company's 2009 Amended and Restated Stock Incentive Plan, as
amended from time to time, and outstanding awards thereunder will
also be proportionately adjusted to reflect the reverse stock
split.

Stone's shares of common stock will continue to trade on the New
York Stock Exchange under the symbol "SGY" but will trade under a
new CUSIP.  The reverse stock split is intended to increase the
market price per share of Stone's common stock in order to comply
with the NYSE continued listing standards relating to minimum price
per share.  The reverse stock split will not cure Stone's
non-compliance with the NYSE average global market capitalization.

Computershare Trust Company, N.A., Stone's transfer agent, will act
as the exchange agent for the reverse stock split.  Please contact
Computershare Trust Company, N.A. for further information at (800)
962-4284.

                         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.


SUTHERLAND HOLDINGS: Taps Blanchard Law as Attorney
---------------------------------------------------
Sutherland Holdings II, LLC, asks for authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to employ
Blanchard Law, P.A., as attorney.

Blanchard Law will:

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

         its property, if appropriate;

      b. prepare, on behalf of the Debtor, necessary applications,

         answers, orders, reports, complaints, and other legal
         papers and appear at hearings thereon; and

      c. perform all other legal services for the Debtor as
         debtor-in-possession which may be necessary, and it is
         necessary for the Debtor as debtor-in-possession which
         may be necessary, and it is necessary for the Debtor as
         debtor-in-possession to employ the attorney for the
         professional services.

The Debtor wants to employ Blanchard Law under a general retainer
agreement with a $5,000 fee retainer (inclusive of a $1,717 filing
fee/cost retainer).  Blanchard Law will charge the Debtor these
hourly rates:

         Jake Blanchard, Esq.          $250
         Lydia Gazda, Esq.             $225
         Paralegal                      $70

Jake Blanchard, Esq., an attorney at Blanchard Law, assures the
Court that no attorney in the firm has any other connection with
the Debtor, creditors, U.S. Trustee, or any employee of that
office, or any other parties-in-interest.

Headquartered in Saint Petersburg, Florida, Sutherland Holdings II,
LLC, filed for Chapter 11 bankruptcy protection (Bankr. M.D. Fla.
Case No. 16-04577) on May 26, 2016, estimating its assets at
between $1 million and $10 million and liabilities at between
$100,000 and $500,000.  The petition was signed by Brian Storman,
managing member.

Jake C Blanchard, Esq., at Blanchard Law, P.A., serves as the
Debtor's bankruptcy counsel.


TALEN ENERGY: Moody's Puts Ba3 CFR Under Review for Downgrade
-------------------------------------------------------------
Moody's Investors Service placed the ratings of Talen Energy
Supply, LLC, including its Ba3 corporate family rating, its Ba3-PD
probability of default (PD), its Baa3 senior secured rating and the
majority of its B1 senior unsecured debt obligations under review
for downgrade.  The B1 rating on approximately $830 million of
Talen's unsecured debt was placed under review for upgrade. Talen's
speculative grade liquidity rating (SGL) remains SGL-2.

The rating action follows the announced merger agreement between
Talen Energy Corporation and an affiliate of Riverstone Holdings
LLC whereby Riverstone would acquire the approximately 65% of Talen
that it does not already own.  In addition, upon closing of the
transaction, the subsidiaries that currently guarantee Talen's
secured revolving credit facility would also provide additional
guarantees to cover $600 million of its unsecured notes, and about
$230 million of existing tax-exempt revenue bonds.  The guarantees
would render these supported debt obligations structurally senior
to Talen's remaining non-guaranteed senior unsecured debt.

                         RATINGS RATIONALE

"The review for downgrade reflects the increase in leverage and
reduced financial flexibility that we expect as a result of the
proposed take private transaction and the resulting shift away from
current balance sheet strengthening efforts", said Laura
Schumacher, Vice President -- Senior Credit Officer.  As
contemplated, over $1 billion of Talen's balance sheet cash, along
with $250 million of proceeds from a newly issued secured term
loan, will be used to purchase Talen's non-Riverstone holdings for
$14 per share; leaving a drastically reduced cash reserve of about
$100 million.  This reduced financial flexibility comes as the
merchant power market remains in the midst of a prolonged cyclical
downturn, and while Talen is contemplating additional value driven
investment to enhance the performance of its existing generating
fleet.  In addition, the proposed increase in the amount of funded
secured and guaranteed debt in Talen's capital structure could
limit the company's financing options in the event of future
uncertainties or continued adverse market conditions.

Upon closing, which is expected near year-end 2016, we anticipate
consolidated funded debt will be about 15% higher than previously
envisioned based on Talen's publicly stated debt reduction efforts,
which included the repayment of $350 million of debt that came due
in May 2016 with proceeds from asset sales.  As a result, and based
on market conditions, we anticipate Talen's key cash flow credit
metrics will remain at levels more in line with the "B" scoring
ranges in our rating methodology for unregulated power companies.

Given the current commodity price environment, we anticipate New
Talen's ratio of cash from operations excluding changes in working
capital (CFO pre-WC) to total debt will generally remain near 10%,
and its interest coverage ratio will remain near 3.0x.  In
addition, we anticipate cash flow from operations after payments
for maintenance capital expenditures and nuclear fuel will be under
5% and below that of other independent merchant generating peers
such as NRG Energy, Inc. (Ba3 stable) and Calpine Corporation (Ba3
stable).

As proposed, upon closing of the merger, Talen's existing first
lien revolving credit facility would be downsized from $1.85
billion to $1.4 billion, and the subsidiaries that guarantee the
facility (which excludes MACH Gen, LLC) would also guarantee
Talen's $600 million 6.5% notes due 2025, as well as about $230
million of outstanding Pennsylvania Economic Development Financing
Authority revenue bonds.  Moody's views the guaranteed debt as
having a higher priority of payment, and better recovery prospects,
vis-a-vis the remaining unsecured obligations in the event of a
potential bankruptcy, and would rank them accordingly in the
liability waterfall used in Moody's loss given default framework.
As a result, pro-forma for the transaction, we would expect the
ratings of guaranteed debt to be higher than the ratings of the
remaining non-guaranteed unsecured debt.

Liquidity

Talen's current liquidity position is very strong.  Following the
April 1, 2016, sale of its large hydro-electric plants, its balance
sheet includes over $1 billion of cash, and absent the pending
transaction, would be consistent with an SGL-1 rating. Pro-forma
for the transaction, we anticipate Talen's liquidity profile will
remain adequate albeit materially less robust than its current
position.  As proposed, the merger transaction contemplates the use
of the vast majority of these cash reserves for the repurchase of
shares.  Although Talen's external credit facility (terminating
June 2020), will be downsized to
$1.4 billion from $1.85 billion, it remains sufficient to cover
potential cash flow shortfalls and upcoming maturities.  Talen's
current capital program does not require extensive use of its
credit facilities; however, the company is still evaluating
additional projects, such as a coal plant co-firing, and gas plant
optimizations that could require additional capital.

As of March 31, 2016, Talen's revolving credit facility was undrawn
save for about $160 million of letters of credit usage.  In May
2016, approximately $350 million was drawn under the revolver to
repay maturing debt.  Upon closing of the proposed merger, $250
million of secured term loan proceeds will be combined with balance
sheet cash and used for the share repurchase.  In addition, it is
expected that the $350 million that was drawn on the revolver to
repay maturing debt will be refinanced using additional long term
secured debt financing. Talen's $1.3 billion secured trading
facility remains in place and can used to satisfy collateral
posting needs, approximately
$87 million was utilized as of March 31, 2016.

Rating Outlook

The ratings are currently under review.  To the extent the
transaction is consummated as proposed, it is likely Talen's CFR
would move downward by one notch.  However, as a result of the
guarantees that would be provided to certain of Talen's unsecured
debt obligations, the ratings impact on the individual issues would
likely be different from that of the overall corporate family.
Based on our current knowledge of the transaction, and current
market conditions, we would anticipate that the ratings on
guaranteed debt securities could improve by one notch whereas the
ratings on the non-guaranteed unsecured notes and bonds could move
down by two notches.

What Could Change the Rating - Up

In view of the pending transaction, and Talen's shift away from
balance sheet strengthening efforts, it is not likely the corporate
family rating would move upward over the next 12-18 months.
However, to the extent individual debt instruments receive
subsidiary guarantees, the ratings of those instruments could move
upward.

What Could Change the Rating - Down

If the transaction is consummated as proposed, it is likely the
corporate family rating would move downward by one notch with the
ratings of the non-guaranteed unsecured debt moving down by more
than one notch.  In addition, to the extent there is additional
downward pressure on commodity prices, an increase in leverage, or
longer term, if financial markets remain exceedingly challenging
for the sector, there could be downward pressure on the ratings.

On Review for Downgrade:

Issuer: Talen Energy Supply, LLC
  Probability of Default Rating, Placed on Review for Downgrade,
   currently Ba3-PD
  Corporate Family Rating, Placed on Review for Downgrade,
   currently Ba3
  Senior Secured Bank Credit Facility due 2020, Placed on Review
   for Downgrade, currently Baa3
  Senior Unsecured Regular Bond/Debenture due 2036, Placed on
   Review for Downgrade, currently B1
  Senior Unsecured Regular Bond/Debenture due 2021, Placed on
   Review for Downgrade, currently B1
  Senior Unsecured Regular Bond/Debenture due 2019, Placed on
   Review for Downgrade, currently B1
  Senior Unsecured Regular Bond/Debenture due 2018, Placed on
   Review for Downgrade, currently B1

On Review for Upgrade:

Issuer: Pennsylvania Economic Dev. Fin. Auth.
  Senior Unsecured Revenue Bonds due 2038 (Series 2009A and Series

   2009B), Placed on Review for Upgrade, currently B1
  Senior Unsecured Revenue Bonds due 2037 (Series 2009C), Placed
   on Review for Upgrade, currently B1

Issuer: Talen Energy Supply, LLC
  Senior Unsecured Regular Bond/Debenture due 2025, Placed on
   Review for Upgrade, currently B1

Outlook Actions:

Issuer: Talen Energy Supply, LLC
  Outlook, Changed To Rating Under Review From Stable

Affirmations:

Issuer: Talen Energy Supply, LLC
  Speculative Grade Liquidity Rating, Affirmed SGL-2

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
2014.

Talen is an independent power producer with about 16.5 GW of
generating capacity.  Talen Energy Corp., headquartered in
Allentown, PA, is a publicly-listed holding company that owns 100%
of Talen and conducts all its business activities through Talen.


TAMPA HYDE PARK: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Tampa Hyde Park Cafe LLC
        303 S. Melville Ave
        Tampa, FL 33606

Case No.: 16-04868

Chapter 11 Petition Date: June 6, 2016

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

Debtor's Counsel: W Bart Meacham, Esq.  
                  308 East Plymouth Street
                  Tampa, FL 33603-5957
                  Tel: 813-223-6334
                  Fax: 813-425-6969
                  E-mail: wbartmeacham@yahoo.com

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

Estimated Debts: $1 million to $10 million

The petition was signed by Thomas Ortiz, managing member.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb16-04868.pdf


TELKONET INC: Files 2015 Conflict Minerals Report with SEC
----------------------------------------------------------
Telkonet, Inc., formed in 1999 and incorporated under the laws of
the state of Utah, is made up of two synergistic business
divisions, EcoSmart Energy Management Technology and EthoStream
High Speed Internet Access (HSIA) Network.  The Company's EcoSmart
Suite of products provide comprehensive savings, management and
reporting of a building's room-by-room energy consumption.  The
Company sells its EcoSmart Suite to the hospitality, educational,
military and health care market sectors.  The Company has one
supplier that it contracts to manufacture the EcoSmart Suite of
products.

The Company's EcoSmart Suite of products consists of wired and
wireless technology components and devices, including occupancy
sensors and intelligent programmable thermostats and door/window
contacts.

"Using our supply chain due diligence processes we asked our
supplier to provide us a list of materials used in the
manufacturing of our products.  Based on our supplier's response to
our inquiry, the Company determined that certain products and
components we contract to manufacture contain tin, tungsten,
tantalum and/or gold ("3TG") and those minerals are necessary for
the production or functionality of the products.  The Company
relied upon this supplier to provide information on the origin of
the 3TG contained in components and materials supplied to us,
including sources of 3TG that are supplied to them from sub-tier
suppliers.  The supplier provided us with their Electronic Industry
Citizenship Coalition ("EICC") report.  The EICC report is a
template that is widely used in the declaration of the conflict
minerals."

Reasonable Country of Origin Inquiry (RCOI) and RCOI conclusion:

"Based on our analysis of our supplier EICC report, we found that
"our necessary conflict minerals" can be found in the products that
we contract to manufacture and are subject to the reporting
obligations of Rule 13p-1.  Based on our RCOI, we have no reason to
believe that our necessary conflict minerals may have originated in
the Democratic Republic of the Congo or an adjoining country and as
a result we are not required to file a Conflict Minerals Report."

The Company has also disclosed this information on its publicly
available Internet website, which is available at
http://investors.telkonet.com/investors/investor-relations/SEC-Filings.

                           About Telkonet

Milwaukee, Wisconsin-based Telkonet, Inc., is a clean technology
company that develops and manufactures proprietary energy
efficiency and smart grid networking technology.

Telkonet reported a net loss attributable to common stockholders of
$207,357 on $15.08 million of total net revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to common
stockholders of $95,403 on $14.79 million of total net revenues for
the year ended Dec. 31, 2014.

As of March 31, 2016, Telkonet had $11.42 million in total assets,
$5.40 million in total liabilities and $6.01 million in total
stockholders' equity.


TIBCO SOFTWARE: Bank Debt Trades at 9% Off
------------------------------------------
Participations in a syndicated loan under which TIBCO Software is a
borrower traded in the secondary market at 90.61
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.90 percentage points from the
previous week.  TIBCO Software pays 550 basis points above LIBOR to
borrow under the $1.65 billion facility. The bank loan matures on
Nov. 18, 2020 and carries Moody's B1 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 27.


TONZOF INC: Plan Confirmation Hearing Set for Aug. 10
-----------------------------------------------------
Judge Michael E. Romero of the U.S. Bankruptcy Court for the
District of Colorado approved the disclosure statement explaining
Tonzof, Inc.'s First Amended Plan of Reorganization will convene a
hearing for consideration of confirmation of and any objections on
August 10, 2016, at 1:30 p.m.

On or before June 22, 2016, the Plan Proponent will transmit by
mail to all creditors and parties in interest whose votes are to be
solicited, the Plan and Disclosure Statement, a copy of this Order
and a Ballot for Voting on the Plan.  The Plan Proponent will
transmit the same documents, excluding the ballot, to the United
States Trustee.  At least 14 days prior to the Confirmation
Hearing, the Plan Proponent will file a certificate of service.

Ballots accepting or rejecting the Plan must be submitted by the
holders of all claims or interests on or before 5:00 p.m. on July
20, 2016, to the Plan Proponent's counsel.

On or before July 20, 2016, any objection to confirmation of the
Plan will be filed with the Court and a copy served on the Plan
Proponent's counsel.

If the hearing involves a contested factual issue, the parties
shall file and exchange witness and exhibit lists seven days prior
to the hearing.

No later than three days prior to the confirmation hearing the Plan
Proponent will file a Summary Report of the Ballots received
reflecting all votes by class, number of claims and amount of
claim.

If the Plan Proponent proposes to further amend or modify the Plan
in response to any objection, at least 3 business days prior to the
confirmation hearing the Plan Proponent will file with the Court
and serve on all objecting parties a response which specifically
identifies any amendments(s) made in response to an objection.  To
that response, the Plan Proponent will attach a red-line copy of
the Plan reflecting those amendments.

Tonzof Inc., dba Tool King, LLC (Bankr. D. Colo., Case No.
15-23703) filed a Chapter 11 Petition on December 16, 2015.  The
bankruptcy case is assigned to Judge Michael E. Romero.  The
Debtor's counsel Kenneth J. Buechler, Esq., at Buechler Law Office,
L.L.C., in Denver, Colorado.

The Debtor has total assets of $3.01 million and total liabilities
$3.85 million.  The petition was signed by Gerald B. Eaton, CEO.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cob15-23703.pdf


TRANSITION THERAPEUTICS: Gets NASDAQ Listing Non-Compliance Notice
------------------------------------------------------------------
Transition Therapeutics Inc. ("Transition" or the "Company") on
June 3 disclosed that it received written notification from the
NASDAQ Stock Market ("NASDAQ") on May 31, 2016 advising the Company
that because the bid price of the Company's common shares for the
previous 30 consecutive trading days had closed below the minimum
$1.00 per share (the "Minimum Price Requirement") required for
continued listing on the NASDAQ Global Market, the Company is not
in compliance with NASDAQ Listing Rule 5450(a)(1).  The
notification letter has no effect on the listing of the Company's
common shares at this time.

Pursuant to NASDAQ Listing Rule 5810(c)(3)(A), the Company has been
provided an initial grace period of 180 calendar days, or until
November 28, 2016, to regain compliance with the Minimum Price
Requirement, which requires a closing bid price of the Company's
common shares at or above $1.00 per share for a minimum of 10
consecutive business days.  In the event the Company does not
regain compliance by November 28, 2016, NASDAQ will provide written
notification that the Company's common shares are subject to
delisting.  If the Company is not deemed in compliance prior to
November 28, 2016, but demonstrates that it meets all applicable
standards for initial listing on the NASDAQ Capital Market (except
the bid price requirement) on such date, it will be afforded an
additional 180 calendar day compliance period.

The Company intends to monitor the bid price of its common shares
between now and November 28, 2016, and will consider available
options to regain compliance with the Minimum Price Requirement.

                         About Transition

Transition -- http://www.transitiontherapeutics.com-- is a
biopharmaceutical development company, advancing novel therapeutics
for CNS and metabolic disease indications.  The Company's
wholly-owned subsidiary, Transition Therapeutics Ireland Limited is
developing CNS drug candidate ELND005 for the treatment of
Alzheimer's disease and Down syndrome.  Transition's lead metabolic
drug candidate is TT401 (LY2944876) for the treatment of type 2
diabetes and accompanying obesity.  The Company's shares are listed
on the NASDAQ under the symbol "TTHI" and the Toronto Stock
Exchange under the symbol "TTH".


TRI-G GROUP: Hires Iron Horse to Auction Quarry Hills Country Club
------------------------------------------------------------------
Tri-G Group, LLC, dba Quarry Hill Golf and Country Club seeks
permission from the U.S. Bankruptcy Court for the Middle District
of North Carolina to employ Iron Horse Auction Co., Inc., as
auctioneer.

The Debtor owns two separate tracts of real property, the first
being an 18-hole golf course and country club known as Quarry Hills
Country Club located at 1300 George Bason Road, Swepsonville, NC.
The Sale Asset is subject to a first deed of trust in favor of
Capital Bank and an amended and restated declaration of
restrictions that is subordinate to the Capital Bank Deed of Trust.


The Debtor wants to sell the Asset pursuant to a proposed auction
marketing agreement, a copy of which is available for free at:

                      https://is.gd/ysB5No

The Debtor wants to employ the Auctioneer to act as its exclusive
agent to sell the Golf Club through the auction sale upon the terms
and conditions described in the Agreement.  The Auctioneer will
advertise through Facebook ads, signs and postcards.

The Auctioneer has agreed that if the initial purchaser, as set
forth in the Section 363 sale motion, is the highest bidder, the
Auctioneer will limit its compensation to $25,000 which will be
paid from closing proceeds as a part of the $50,000 carve out as
more fully stated and set forth in the Section 363 sale motion.  To
the extent there is overbidding in excess of said amount, the
Auctioneer will charge a buyer's premium for said overage in the
amount of the 10% of said overage.  The Debtor will be responsible
for actual expenses of marketing, not to exceed $3,800, payable
from the sale proceeds.

Thomas McInnis, an auctioneer and principal in the Auctioneer,
assures the Court that the Auctioneer doesn't have any interest
materially adverse to the interest of any of the creditors of the
Debtor by reason of any direct or indirect relationship to,
connection with, or interest in the Debtor.

The Auctioneer can be reached at:

      IRON HORSE AUCTION COMPANY
      Thomas M. McInnis
      Senior Vice President and COO
      P.O. Box 1267
      Rockingham, NC 28380
      Tel: (800) 997-2248
      Cell: (910) 997-1555
      Fax: (910) 895-1530
      E-mail: tom@ironhorseauction.com

                        About Tri-G Group

Tri-G Group, LLC, sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Middle
District of North Carolina (Greensboro) (Case No. 16-10441) on May
4, 2016.  The petition was signed by Guy G. Gulick, manager.

The Debtor is represented by Charles M. Ivey, III, Esq., and
Charles (Chuck) Marshall Ivey, IV, Esq., at Ivey, McClellan, Gatton
& Siegmund, LLP.  The case is assigned to Judge Benjamin A. Kahn.

The Debtor disclosed total assets of $863,152 and total debts of
$1.44 million.


TRIANGLE PETROLEUM: Forbearance Agreement Expires July 8
--------------------------------------------------------
Triangle USA Petroleum Corporation, a wholly-owned subsidiary of
Triangle Petroleum Corporation, is a party to the Second Amended
and Restated Credit Agreement, dated Nov. 25, 2014, as amended by
Amendment No. 1 on April 30, 2015, among TUSA, as Borrower, Wells
Fargo Bank, National Association, as administrative agent and
issuing lender, and the other lenders party thereto.

Also as previously disclosed, as of April 28, 2016, TUSA had $347.5
million of outstanding borrowings and $2.5 million of outstanding
letters of credit under the Credit Agreement, or $125.0 million in
excess of the redetermined borrowing base of $225.0 million
(referred to as a borrowing base deficiency). Pursuant to the
Credit Agreement, TUSA elected to repay the borrowing base
deficiency in three equal monthly installments, the first payment
of which was due by May 31, 2016.

On May 27, 2016, TUSA, its subsidiaries, the Agent and certain
Lenders entered into a Forbearance and Amendment No. 2 to Second
Amended and Restated Credit Agreement.  A condition to the
effectiveness of the Forbearance Agreement was the payment by TUSA
of the first borrowing base deficiency installment payment, which
was made on May 31, 2016.

Pursuant to the Forbearance Agreement, the Agent and the Lenders
have agreed to forbear from exercising their rights and remedies
under the Credit Agreement or applicable law with respect to the
Designated Events of Default under the Credit Agreement, which
primarily include TUSA's potential failure to comply with (i) a
minimum ratio of consolidated current assets to consolidated
current liabilities for the fiscal quarter ended April 30, 2016 of
1.00 to 1.00 and (ii) a maximum senior secured leverage ratio for
the fiscal quarter ended April 30, 2016 of 2.75 to 1.00.  The
forbearance period will terminate on the earlier of (i) July 8,
2016, and (ii) the occurrence of any Forbearance Termination Event
(as defined in the Forbearance Agreement, which includes, among
others, the occurrence of any event of default other than the
Designated Events of Default).

The Forbearance Agreement provides for certain amendments to the
Credit Agreement, including, among others, (i) the addition of a
requirement to maintain specified minimum liquidity levels and (ii)
additional restrictions on prepayments or redemptions of other
debt.

                    About Triangle Petroleum

Triangle Petroleum Corporation is a Denver-based oil and natural
gas exploration and production company.   Triangle Petroleum
conducts its E&P, oilfield and midstream activities in the
Williston Basin of North Dakota and Montana.

Triangle Petroleum reported a net loss of $822 million on $358
million of total revenues for the year ended Jan. 31, 2016,
compared to net income of $93.4 million on $573 million of total
revenues for the year ended Jan. 31, 2015.

As of Jan. 31, 2016, Triangle Petroleum had $753 million in total
assets, $1.01 billion in total liabilities and a total
stockholders' deficit of $265 million.

KPMG LLP, in Denver, Colorado, issued a "going concern"
qualification on the Company's consolidated financial statements
for the year ended Jan. 31, 2016, citing that the Company does not
have sufficient liquidity to meet this obligation, if called by the
lenders.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


TRIANGLE PETROLEUM: Kenneth Hersh Reports 28.1% Equity Stake
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Kenneth A. Hersh, et al., disclosed that as of May 27,
2016, they beneficially own 26,510,189 shares of common stock of
Triangle Petroleum Corporation representing 28.1 percent of the
shares outstanding.  A copy of the regulatory filing is available
for free at https://is.gd/XGw0Tm

                    About Triangle Petroleum

Triangle Petroleum Corporation is a Denver-based oil and natural
gas exploration and production company.   Triangle Petroleum
conducts its E&P, oilfield and midstream activities in the
Williston Basin of North Dakota and Montana.

Triangle Petroleum reported a net loss of $822 million on $358
million of total revenues for the year ended Jan. 31, 2016,
compared to net income of $93.4 million on $573 million of total
revenues for the year ended Jan. 31, 2015.

As of Jan. 31, 2016, Triangle Petroleum had $753 million in total
assets, $1.01 billion in total liabilities and a total
stockholders' deficit of $265 million.

KPMG LLP, in Denver, Colorado, issued a "going concern"
qualification on the Company's consolidated financial statements
for the year ended Jan. 31, 2016, citing that the Company does not
have sufficient liquidity to meet this obligation, if called by the
lenders.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


TRONOX INC: Bank Debt Trades at 3% Off
--------------------------------------
Participations in a syndicated loan under which Tronox Inc is a
borrower traded in the secondary market at 96.68
cents-on-the-dollar during the week ended Friday, May 27, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.73percentage points from the
previous week.  Tronox Inc pays 300 basis points above LIBOR to
borrow under the $1.5 billion facility. The bank loan matures on
March 15, 2020 and carries Moody's B1 rating and Standard & Poor's
BBrating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended May 27.




UCI HOLDINGS: Bankruptcy Court Approves First-Day Motions
---------------------------------------------------------
UCI Holdings Limited and its subsidiary UCI International, LLC
("UCI" or the "Company") on June 3 disclosed that the United States
Bankruptcy Court for the District of Delaware has approved all of
the first-day motions submitted by the Company on June 2, 2016.
The rulings enable UCI and its subsidiaries, which include Airtex
Products, L.P., ASC Industries, Inc., and Champion Laboratories,
Inc., to continue operations in the normal course including paying
vendors for all post-petition goods and services, continuing all
customer programs, and maintaining payroll and employee health
benefits, and other programs that are essential to continuing
businesses without disruption.

"The motions approved [Fri]day give UCI the ability to utilize our
ample liquidity to fund operations going forward as we continue to
negotiate a consensual restructuring with our key constituents,"
said Keith Zar, UCI's general counsel.  "We are committed to
providing high quality water pump, fuel pump, and filtration
products to our customers, be a great place to work for our
employees, and be a strong partner to our vendors just as we've
always done."

Headquartered in Evansville, Indiana -- http://www.ucinc.com-- UCI
is one of the larger and more diversified companies primarily
servicing the vehicle aftermarket.  The company supplies a broad
range of filtration products, fuel delivery systems, cooling
systems, and vehicle electronics products.


UCI INT'L: Gets Interim Okay to Use ABL Lenders' Cash Collateral
----------------------------------------------------------------
UCI International, LLC, and its debtor-affiliates sought and
obtained authority to continue using cash and other collateral
pledged to their prepetition asset-backed lenders under the terms
of an ABL Credit Agreement dated Sept. 30, 2015, in the ordinary
course of business, and grant the lenders replacement postpetition
liens.  

As of the Petition Date, UCI owed the lenders about $69.4 million
on account of prepetition loans and $8.5 on account of undrawn
letters of credit.  The Debtors' 13-week budget through the week
ending Aug. 19, 2016, shows anticipated cash disbursements
exceeding cash receipts by about $34 million.  

Judge Walrath will convene a final hearing on the Debtors' request
at 11:30 a.m. on June 21, 2016, in Wilmington, Del.  

Credit Suisse AG, Cayman Islands Branch, serves as the
Administrative Agent for the ABL Lenders and is represented by:

          Paul H. Zumbro, Esq.
          Omid H. Nasab, Esq.
          CRAVATH, SWAINE & MOORE LLP
          Worldwide Plaze
          825 Eighth Ave.
          New York, NY 10019
          E-mail: pzumbro@cravath.com
                  onasab@cravath.com

UCI International, LLC, headquartered in Lake Forest, Ill.,
designs, manufactures, and distributes vehicle replacement parts,
including a broad range of filtration, fuel delivery systems, and
cooling systems products in the automotive, trucking, marine,
mining,  construction, agricultural, and industrial vehicles
markets.  UCI and its affiliates sought chapter 11 protection
(Bankr. D. Del. Case No. 16-11355) on June 1, 2016.  The Debtors
are represented by lawyers at Sidley Austin LLP.  Alvarez & Marsal
provides the company with financial advice and Moelis & Company LLC
is the Debtors' investment banker.  Garden City Group serves as the
Debtors' Claims Agent.  Wilmington Trust is the Indenture Trustee
for a $400-million issue of 8.625% Senior Notes Due 2019.


URBANCORP TORONTO: Placed Under CCAA Protection
-----------------------------------------------
The Ontario Superior Court of Justice issued an initial order
pursuant to the Companies' Creditors Arrangement Act in respect of
Urbancorp Toronto Management Inc. et al. declaring them to be
companies to which the CCAA applies.

The companies' affiliates corporation and limited partnerships
include: Urbancorp Power Holdings Inc., Vestaco Homes Inc., Vestaco
Investment Inc., 228 Queen's Quay West Limited, Urbancorp
Cumberland 1 LP, Ubrancorp Cumberland 1 GP Inc., Urbancorp Partner
(King South) Inc., Urbancorp (North Side) Inc., Urbancorp
Residential Inc., and Urbancorp Realtyco Inc.

KSV Kofman Inc. has been appointed monitor in the CCAA proceedings.
Information regarding the CCAA proceedings is available at
http://www.ksvadvisory.com/insolvency-cases-2/urbancorp/and may
also be obtained from Noah Goldstein of KSV at
ngoldstein@ksvadvisory.com or (416) 932-6207

  KSV Kofman Inc.
  150 King Street West, Suite 2308
  Toronto, Ontario M5H 1J9

Urbancorp Inc. -- http://www.urbancorp.com-- is real estate
developer in Canada.


US FOODS: Moody's Raises CFR to B2, Still on Review for Upgrade
---------------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family rating of
US Foods, Inc. to B2, and left the rating on review for further
upgrade.

"T[he] rating actions recognize that US Foods will be utilizing
virtually all of the proceeds from its IPO to permanently reduce
debt by about $1 billion, resulting in a reduction in leverage of
over 1 turn to below 6 times," stated Moody's Vice President
Charlie O'Shea.  "The review for upgrade will focus on other steps
the company may take over the next several weeks to further shore
up its balance sheet and improve its liquidity, with an upgrade
likely if these efforts are meaningful."

Upgraded and placed on review:

Issuer: US Foods, Inc.

  Probability of Default Rating, Upgraded to B2-PD from B3-PD;
   Placed Under Review for further Upgrade
  Corporate Family Rating, Upgraded to B2 from B3; Placed Under
   Review for further Upgrade
  Senior Unsecured Regular Bond/Debenture, Upgraded to Caa1(LGD6)
   from Caa2(LGD5); Placed Under Review for further Upgrade

On Review for Upgrade:

Issuer: US Foods, Inc.
  Senior Secured Bank Credit Facility, currently B2(LGD4 from
   LGD3), Placed Under Review for Upgrade

Outlook Actions:

Issuer: US Foods, Inc.
  Outlook, Changed To Rating Under Review From Stable

Affirmations:

Issuer: US Foods, Inc.
  Speculative Grade Liquidity Rating, Affirmed SGL-2
  Senior Unsecured Regular Bond/Debenture, Affirmed Caa2(LGD5)

                          RATINGS RATIONALE

The B2 rating reflects the company's improved capital structure and
credit metrics due to the proposed permanent reduction in debt
resulting from the IPO.  The rating also reflects Moody's
assumption that following the one-shot reduction in debt resulting
from the approximately $1 billion permanent debt reduction that
will occur via the IPO proceeds, metrics will continue to show only
modest incremental improvement over the next 12 months, though we
expect improvements in liquidity.  Positive ratings consideration
is given to the company's sound execution ability and its
formidable market position, with a solid and defensible number two
share behind market leader Sysco, balanced by the increasingly
competitive environment led by specialized niche operators such as
Performance Food Group and Restaurant Depot.  In addition, ratings
are predicated on the company continuing to smoothly-transitioning
back into an independent company following 18+ months of operating
as if it were being acquired and then integrated by Sysco.

Quantitatively, an upgrade could occur if debt/EBITDA is sustained
below 5.0 times, EBITA/interest remains above 2.0 times, and
financial policy remains tempered.

In the event the company's overall liquidity profile deteriorates,
the ratings could be downgraded.  Also, if credit metrics
deteriorate for any reason such that debt/EBITDA begins trending
towards 7 times, or if EBITA/interest approached 1.25 times,
ratings could be downgraded.

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in December 2015.


US LBM: Moody's Retains B3 CFR Over $65MM Loan Add-On
-----------------------------------------------------
Moody's Investors Service said that LBM Borrower, LLC's ("US LBM")
$65 million add-on to its $155 million second lien term loan due
2023 does not impact the company's ratings, including its B3
corporate family rating, B3 rating for $697 million first lien term
loan due 2022, Caa2 rating for $155 million second lien term loan
due 2023, or stable rating outlook.

US LBM, headquartered in Green Bay, Wisconsin is a lumber and
building materials distributor, with over 225 operating locations
across 27 states, primarily serving homebuilders, remodelers, and
specialty contractors.  Since August 2015, US LBM has been owned by
Kelso & Company.  Pro forma for recent acquisitions, US LBM
generated approximately $2.5 billion in revenues as of March 31,
2016.


USAGM HOLDCO: Moody's Affirms B3 CFR, Outlook Stable
----------------------------------------------------
Moody's Investors Service affirmed USAGM HoldCo LLC's ("Universal")
B3 Corporate Family Rating and B3-PD Probability of Default Rating,
as well as the B2 ratings on the company's 1st lien term loans and
revolving credit facility, and the Caa2 rating on the 2nd lien term
loans following the announced $1.4 billion add-on to the 1st lien
credit facility that will be used to fund the merger of Universal
Services of America (the trade name of the operating subsidiaries
of Universal) and AlliedBarton Security Services (the trade name of
the operating subsidiaries of Allied Security Holdings LLC, or
"AlliedBarton").  Moody's also assigned a B2 rating to the
company's proposed $250 million delayed draw term loan.  The rating
outlook is stable.

The transaction consists of a $1.26 billion add-on to the company's
senior secured 1st lien term loan due 2022, $500 million of new 2nd
lien notes (unrated), and a $170 million add-on to the senior
secured revolver due 2020 which is expected to be undrawn at close.
A $250 million delayed draw term loan is also included in the
transaction and is expected to be used for pending tuck-in
acquisitions.  Proceeds of the transaction will be used to repay
all of the debt at AlliedBarton as well as the outstanding balance
on Universal's revolving credit facility, fund a return of capital
to AlliedBarton's majority shareholder Wendel Group, make a
contingent payment to prior AlliedBarton shareholders, pay
transaction fees and expenses, and put cash on the balance sheet to
prefund integration costs and for general corporate purposes.
Excluding drawings on the $250 million delayed draw term loan, the
transaction will increase funded debt by approximately $625
million.

Pro-forma for the transaction Moody's estimates lease adjusted
leverage for the LTM period ended Dec. 31, 2015, to be in the 7 to
8 times range (after giving credit for run-rate EBITDA from recent
acquisitions, adjustments for one-time items, and synergies).
Leverage is high, but interest coverage (EBITA/Interest Expense) is
more appropriately positioned for the rating category in the
mid-to-high 1 times range.  The B3 rating incorporates Moody's
expectation that the merged entity will benefit from increased
operating scale and cost reduction synergies over time which should
bring leverage closer to the mid-6 times over the next 12-24
months, absent any additional leveraging transactions.

According to Moody's Analyst Dan Altieri, "The combined entity
should generate positive free cash flow, but the pace of
deleveraging will be highly dependent on the timing and execution
of merger synergies, and the extent to which the company pursues an
acquisitive growth strategy."

Moody's took these actions:

Issuer: USAGM Holdco LLC
  Corporate Family Rating, Affirmed at B3
  Probability of Default Rating, Affirmed at B3-PD
  $300 million Revolving Credit Facility due 2020, Affirmed at B2,

   LGD3 (inclusive of $170 million add-on)
  $2,040 million 1st Lien Term Loan due 2022, Affirmed at B2, LGD3

   (inclusive of $1,260 million add-on)
  $55 million 1st Lien Delayed-Draw Term Loan due 2022, Affirmed
   at B2, LGD3
  $250 million 1st Lien Delayed-Draw Term Loan due 2022, Assigned,

   B2 LGD3
  $230 million 2nd Lien Term Loan due 2023, Affirmed at Caa2, LGD5
  $15 million 2nd Lien Delayed-Draw Term Loan due 2023, Affirmed
   at Caa2, LGD5
   Outlook, Stable

These ratings are unaffected and will be withdrawn upon close of
the proposed transaction:

Issuer: Allied Security Holdings LLC

  Corporate Family Rating, at B3 (to be withdrawn upon close of
   the proposed transaction)
  Probability of Default Rating, at B3-PD (to be withdrawn upon
   close of the proposed transaction)
  $81 million Revolving Credit Facility due 2019, at B1, LGD3 (to
   be withdrawn upon close of the proposed transaction)
  $704 million 1st Lien Term Loan due 2021, at B1, LGD3 (to be
   withdrawn upon close of the proposed transaction)
  $295 million 2nd Lien Term Loan, at Caa2, LGD5 (to be withdrawn
   upon close of the proposed transaction)
   Outlook, Stable

                         RATINGS RATIONALE

Universal's B3 CFR reflects the company's highly leveraged capital
structure resulting from the debt-financed merger of AlliedBarton
and Universal, as well as a history of aggressive financial
policies at both entities that included debt financed dividend
recapitalizations and acquisitions.  The rating is also constrained
by integration risks related to the proposed merger and future
acquisitions, as well as the intensely competitive and fragmented
US security services industry in which the company operates,
resulting in relatively low operating margins.  Moody's expects the
company will remain acquisitive, as organic growth will be modest.
The rating is supported by Universal's meaningful position post the
proposed merger in the US security services industry and Moody's
expectation that the company's increased operating scale and cost
reduction synergies will support EBITDA growth.  The rating also
benefits from the recession resistant nature of the security
services business and the company's good liquidity profile.

Universal's liquidity is supported by Moody's expectation that
positive free cash flow, access to the company's $300 million
revolving credit facility (expected to be undrawn after close) and
cash on the balance sheet will be sufficient to cover the company's
cash needs over the next 12-18 months.  Moody's estimates free cash
flow should be approximately $100 million over the period, before
accounting for potential acquisition activity. Additional uses of
cash include approximately $21 million of mandatory annual debt
amortization and an excess cash flow sweep commencing with the
fiscal year ended Dec. 31, 2016.  The revolver is subject to a
maximum first lien net leverage ratio when utilization exceeds 30%
of the revolver capacity which Moody's does not expect will be
tested over the next year.  However, if it were tested there would
be sufficient cushion.

The proposed debt structure is comprised of a $2.1 billion 1st lien
term loan due 2022 (inclusive of the $1.26 billion add-on and $835
million of existing debt), a $300 million 1st lien revolving credit
facility due 2020 (inclusive of the $170 million add-on and
existing facility of $130 million), and up to $250 million delayed
draw 1st lien term loan due 2022.  Additionally, the company has an
existing $245 million 2nd lien credit facility and $500 million of
new 2nd lien notes, both due 2023.

The B2 ratings on the 1st lien credit facilities are one notch
higher than the B3 CFR, reflecting a priority position in the
capital structure ahead of the 2nd lien debt.  The facility is
secured by a first priority security interest in the capital of the
borrower and the assets of the borrower and subsidiary guarantors
which includes the holding companies and substantially all domestic
subsidiaries.  The Caa2 rating on the 2nd lien term loans are two
notches below the B3 CFR, reflecting a contractually subordinated
position to the much larger 1st lien credit facilities.  The 2nd
lien term loan is guaranteed by each entity that guarantees the 1st
lien credit facility and is secured by a second priority security
interest in all the assets that collateralize the 1st lien
facilities.  The new 2nd lien notes are expected to be pari passu
with the existing 2nd lien term loan.

The stable outlook reflects Moody's expectation that steady
operating performance supported by the company's increased scale,
synergy realization, and organic revenue growth will drive credit
metric improvement over the next 12-24 months.  Moody's expects
leverage will drop to the mid-6 times range with interest coverage
(EBITA/Interest) approaching 2 times.

The ratings could be upgraded if Universal is able to successfully
execute on its integration strategy resulting in revenue growth and
improved reported margins (before run-rate and synergy add backs)
such that debt to EBITDA is sustained below 6.0 times and retained
cash flow to debt exceeds 10%.  It would also require the company
to maintain its good liquidity profile and an expectation that
financial policies will support credit metrics sustained at those
levels.

Universal's ratings could be lowered if the company is unable to
execute on the AlliedBarton merger as expected, resulting in fewer
operating synergies, weaker margins, lower earnings or the loss of
contracts with key customers.  A downgrade could be warranted if
EBITA to interest falls below one time or debt-to-EBITDA remains
above 7 times.  In addition, a deterioration of liquidity
characterized by persistently weak cash flows that would require
increasing reliance on revolver drawings to cover operation needs,
could pressure the rating lower, as well as aggressive financial
policies such as shareholder returns or debt-financed
acquisitions.

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

USAGM Holdco LLC is an indirect holding company of Universal
Services of America, a North American security services company
providing uniformed security guard service and patrol services for
both commercial and residential clients.  The company has entered
into a merger agreement with AlliedBarton Security Services (the
trade name of the operating subsidiaries of Allied Security
Holdings LLC) to create the largest North American security
services company with pro-forma revenue of approximately $4.5
billion. The combined entity will operate under the AlliedUni
versal brand and will be majority owned by private equity firms
Warburg Pincus LLC and French investment company Wendel Group.


VEGAS MANAGEMENT: Case Summary & 6 Unsecured Creditors
------------------------------------------------------
Debtor: Vegas Management, LLC
           dba Vegas Showgirls
           dba Spirits 365
           dba Rocket Bar
       16216 1st Street East
       Redington Beach, FL 33708

Case No.: 16-04856

Chapter 11 Petition Date: June 3, 2016

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

Debtor's Counsel: Joel S Treuhaft, Esq.
                  PALM HARBOR LAW GROUP, P.A.
                  2997 Alt 19 Ste B
                  Palm Harbor, FL 34683-1907
                  Tel: 727-797-7799
                  Fax: 727-213-6933
                  E-mail: jstreuhaft@yahoo.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James F. Lowy, manager.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb16-04856.pdf


VERSO CORP: David Paterson to Become Board Chair After Ch.11 Exit
-----------------------------------------------------------------
Verso Corporation on June 6, 2016, disclosed that David J.
Paterson, the President and Chief Executive Officer and a director
of the company, will become the Chairman of the Board of Verso
immediately upon its emergence from its pending Chapter 11
bankruptcy proceeding.  In addition, Mr. Paterson has informed
Verso's board of directors that he intends to step down as the
company's President and Chief Executive Officer when Verso finds
his successor, but until then, he intends to continue to serve in
this role.  Though there is no set timetable for Mr. Paterson's
departure, both Verso and he intend for the transition to occur in
short order, with the objective that the new President and Chief
Executive Officer be in place to guide Verso as soon as practicable
after it emerges from bankruptcy.  Verso has engaged a search firm
and is actively seeking a successor to Mr. Paterson.

"Dave Paterson has been a stalwart as Verso's President and Chief
Executive Officer over the past four years," said Scott Kleinman,
Verso's Chairman of the Board.  "During this period of
unprecedented upheaval in the printing and writing papers industry,
Dave has provided insightful vision and steady, reliable leadership
for Verso.  His contributions in managing a business with
constrained liquidity have been particularly valuable and
appreciated as Verso has dealt head on with the financial
challenges of our industry and company.  Due in no small measure to
Dave's substantial efforts, Verso now is poised to emerge from a
fully consensual Chapter 11 reorganization as a stronger competitor
with a financially sustainable capital structure.  We take great
comfort in the knowledge that while Dave soon will be giving up his
day-to-day responsibilities as the President and Chief Executive
Officer of Verso, he will remain with the company as my successor
as the Chairman of the Board upon Verso's emergence from
bankruptcy."

                     About Verso Corporation

Verso Corporation claims to be the leading North American producer
of coated papers, which are used primarily in magazines, catalogs,
high-end advertising brochures and annual reports, among other
media and marketing publications.  It employs approximately 5,200
personnel.

Verso Corporation and 26 of its affiliates, including NewPage
Corporation, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10163 to 16-10189, respectively) on Jan. 26, 2016. The
petitions were signed by David Paterson, the president and CEO.

The Debtors disclosed total assets of $2.9 billion and total debts
of $3.87 million.

The Debtors have engaged O'Melveny & Myers LLP as general counsel,
Paul, Weiss, Rifkind, Wharton & Garrison LLP as corporate counsel,
Richards, Layton & Finger, P.A. as Delaware counsel, PJT Partners
L.P. as investment banker, Alvarez & Marsal North America, LLC as
financial advisor and Prime Clerk LLC as claims and noticing
agent.

The U.S. Trustee for Region 3 has appointed seven creditors of
Verso Corp. and its affiliates to serve on the official committee
of unsecured creditors.


VERTELLUS SPECIALTIES: Taps Kurtzman Carson as Claims Agent
-----------------------------------------------------------
Vertellus Specialties Inc., et al., seek permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Kurtzman
Carson Consultants LLC as claims and noticing agent.

KCC will:

      (a) prepare and serve required notices and documents in
          these cases in accordance with the Bankruptcy Code and
          the Bankruptcy Rules in the form and manner directed by
          the Debtors and the Court including: (i) notice of the
          commencement of the Cases and the initial meeting of
          creditors under Section 341(a) of the Bankruptcy Code;   
       
          (ii) notice of any claims bar date; (iii) notices of
          transfers of claims; (iv) notices of objections to
          claims and objections to transfers of claims; (v)
          notices of any hearings on a disclosure statement and
          confirmation of any Chapter 11 plan, including under     
     
          Bankruptcy Rule 3017(d); (vi) notice of the effective
          date of any Chapter 11 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
          cases;

          (b) maintain an official copy of the Debtors' schedules
          of assets and liabilities and statement of financial
          affairs, listing the Debtors' known creditors and the
          amounts owed;

          (c) maintain (i) a list of all potential creditors,
          equity holders, and other parties in interest; and (ii)
          a "core" mailing list consisting of all parties
          described in Bankruptcy Rules 2002(i), (j), and (k), and

          those parties that have filed a notice of appearance
          pursuant to Bankruptcy Rule 9010; update said lists and
          make said lists available upon request by a party in
          interest or the Clerk;

      (d) furnish a notice to all potential creditors of the last
          date for the filing of proofs of claim and a form for
          the filing of a proof of claim, after notice and form
          are approved by the Court, and notify said potential
          creditors of the existence, amount, and classification
          of their respective claims as set forth in the
          Schedules, which may be effected by inclusion of
          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) maintain a post office box or address for the purpose of

          receiving claims and returned mail, and process all mail

          received;

      (f) for all notices, motions, orders, or other pleadings or
          documents served, prepare and file or cause to be filed
          with the Clerk an affidavit or certificate of service
          within seven business days of service which includes:
          (i) either a copy of the notice served or the docket
          number(s) and title(s) of the pleading(s) served; (ii) a

          list of persons to whom it was mailed (in alphabetical
          order) with their addresses; (iii) the manner of
          service; and (iv) the date served;

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

          secure area;

      (h) maintain the official claims register for each Debtor on

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

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

      (j) record all transfers of claims and provide any notices
          of the transfers as required by Bankruptcy Rule 3001(e);

      (k) arrange for the delivery, by messenger or overnight
          delivery, of all of the court-filed proofs of claim to
          the offices of KCC, not less than weekly;

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

      (m) monitor the Court's docket for all notices of
          appearance, address changes, and claims-related
          pleadings and orders filed and make necessary notations
          on and changes to the claims register;

      (n) assist in the dissemination of information to the public

          and respond to requests for administrative information
          regarding the Cases as directed by the Debtors or the
          Court, including through the use of a website and call
          center;

      (o) if these cases are converted to Chapter 7, contact the
          Clerk within three days of the notice to KCC of entry of

          the order converting the cases;

      (p) thirty days prior to the closure of these cases, to the
          extent practicable, request that the Debtors submit to
          the Court a proposed Order dismissing KCC and
          terminating the services of the agent upon completion of

          its duties and responsibilities and upon the closing of
          these cases;

      (q) within 7 days of notice to KCC of entry of an order
          closing these cases, provide to the Court the final
          version of the Claims Register as of the date
          immediately before the close of these cases; and

      (r) at the close of these 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 14700 Townsend Road,
          Philadelphia, or (ii) any other location requested by
          the Clerk.

Before the filing of these cases, the Debtors paid KCC a retainer
of $20,000 in connection with prepetition services.  KCC seeks to
first apply the retainer to all prepetition invoices, and
thereafter, to have the retainer replenished to the original
retainer amount, and thereafter, to hold the retainer under the
Services Agreement during these Cases as security for the payment
of fees and expenses under the Services Agreement.  Following
termination of the Services Agreement, KCC will return to the
Debtors any amount of the retainer that remains.

Evan Gershbein, Senior Vice President of Corporate Restructuring
Services of KCC, assures the Court that KCC is a disinterested
person within the meaning of Section 101(14) of the Bankruptcy
Code, in that KCC and its personnel: (i) are not creditors, equity
security holders or insiders of the Debtors; (ii) are not and
were not, within two years before the date of the filing of these
Cases, a director, officer, or employee of the Debtor; and (iii) do
not have an interest materially adverse to the interests of the
Debtors’ estates or any class of creditors or equity security
holders, by reason of any direct or indirect relationship to,
connection with, or interest in, the Debtors.

Mr. Gershbein represent, among other things, that: (a) KCC neither
holds nor represents any interest materially adverse to the
Debtors' estates in connection with any matters for which KCC will
be employed; (b) he is not related or connected to and, to the best
of his knowledge, no other professional of KCC is related to or
connected to any U.S. Bankruptcy Judge for the District of Delaware
or the U.S. Trustee or to any employee in the offices thereof; (c)
KCC will not consider itself employed by the U.S. government and
will not seek any compensation from the U.S. government in its
capacity as the Claims and Noticing Agent in these cases; (d) by
accepting employment in these Cases, KCC waives any right to
receive compensation from the U.S. government in its capacity as
the Claims and Noticing Agent in these cases; (e) in KCC's capacity
as the Claims and Noticing Agent in these cases, KCC is not an
agent of the U.S. and is not acting on behalf of the U.S.; (f) KCC
will not employ any past or present employees of the Debtors in
connection with its work as the Claims and Noticing Agent in these
cases; (g) in its capacity as Claims and Noticing Agent in these
Cases, KCC will not intentionally misrepresent any fact to any
person; (h) KCC will be under the supervision and control of the
Clerk with respect to the receipt and recordation of claims and
claim transfers; and (i) none of the services provided by KCC as
Claims and Noticing Agent will be at the expense of the Clerk.

KCC can be reached at:

          Kurtzman Carson Consultants LLC
          Attn: Drake D. Foster
          2335 Alaska Avenue
          El Segundo, CA 90245
          Tel: (310) 823-9000
          Fax: (310) 823-9133
          E-Mail: dfoster@kccllc.com

                          About Vertellus

Vertellus -- http://www.VSRestructuring.com/-- is a global
specialty chemicals company focused on the manufacture of
ingredients used in pharmaceuticals, personal care, nutrition,
agriculture, and a host of other market areas affected by trends
favoring "green" technologies and chemistries.

Headquartered in Indianapolis, Indiana, Vertellus Specialties Inc.
(Bankr. D. Del. Case No. 16-11290) and affiliates Vertellus
Specialties Holdings Corp. (Bankr. D. Del. Case No. 16-11289),
Vertellus Agriculture and Nutrition Specialties LL (Bankr. D. Del.
Case No. 16-11291), Tibbs Avenue Company (Bankr. D. Del. Case No.
16-11292), Vertellus Specialties PA LLC (Bankr. D. Del. Case No.
16-11293), Vertellus Health & Specialty Products LLC (Bankr. D.
Del. Case No. 16-11294), Vertellus Specialties MI LLC (Bankr. D.
Del. Case No. 16-11295), Vertellus Performance Materials Inc.
(Bankr. D. Del. Case No. 16-11296), Rutherford Chemicals LLC
(Bankr. D. Del. Case No. 16-11297), Solar Aluminum Technology
Services (Bankr. D. Del. Case No. 16-11298), and MRM Toluic
Company, Inc. (Bankr. D. Del. Case No. 16-11299) filed separate
Chapter 11 bankruptcy petitions on May 31, 2016.

Judge Christopher S. Sontchi presides over the case.

Stuart M. Brown, Esq., Kaitlin M. Edelman, Esq., Richard A.
Chesley, Esq., Daniel M. Simon, Esq., and David E. Avraham, Esq.,
at DLA Piper LLP (US) serve as the Debtors' bankruptcy counsel.

Jefferies LLC is the Debtors' investment banker.  Andrew Hinkelman
at FTI Consulting, Inc., is the Debtors' chief restructuring
officer.  Kurtzman Carson Consultants is the Debtors' claims and
noticing agent.

The Debtors estimated their assets at between $100 million and $500
million and debts at between $500 million and $1 billion.

The petitions were signed by Anne Frye, vice president, secretary
and general counsel.


WARNER MUSIC: Elects to Redeem Outstanding 13.75% Senior Notes
--------------------------------------------------------------
WMG Holdings Corp. elected to call for the redemption of all of its
outstanding 13.75% Senior Notes due 2019 and a notice of redemption
has been sent by Wells Fargo Bank, National Association, the
trustee for the Notes, to all registered holders of the Notes.  The
redemption price for the Notes is equal to 106.875% of the
principal amount of the Notes, plus accrued and unpaid interest to,
but not including, the redemption date, which will be on July 1,
2016.

                    About Warner Music Group

Based in New York, Warner Music Group Corp. (NYSE: WMG)
-- http://www.wmg.com/-- was formed by a private equity
consortium of investors on Nov. 21, 2003.  The Company is the
direct parent of WMG Holdings Corp., which is the direct parent of
WMG Acquisition Corp.  WMG Acquisition Corp. is one of the world's
major music-based content companies and the successor to
substantially all of the interests of the recorded music and music
publishing businesses of Time Warner Inc.

The Company classifies its business interests into two fundamental
operations: Recorded Music and Music Publishing.  The Company's
Recorded Music business primarily consists of the discovery and
development of artists and the related marketing, distribution and
licensing of recorded music produced by such artists.  The
Company's Music Publishing operations include Warner/Chappell, its
global Music Publishing company, headquartered in New York with
operations in over 50 countries through various subsidiaries,
affiliates and non-affiliated licensees.

In May 2011, Warner Music Group Corp. and Access Industries, the
U.S.-based industrial group, announced the execution of a
definitive merger agreement under which Access Industries will
acquire WMG in an all-cash transaction valued at $3.3 billion.
The purchase includes WMG's entire recorded music and music
publishing businesses.

On July 20, 2011, the Company notified the New York Stock
Exchange, Inc., of its intent to remove the Company's common stock
from listing on the NYSE and requested that the NYSE file with the
SEC an application on Form 25 to report the delisting of the
Company's common stock from the NYSE.  On July 21, 2011, in
accordance with the Company's request, the NYSE filed the Form 25
with the SEC in order to provide notification of that delisting
and to effect the deregistration of the Company's common stock
under Section 12(b) of the Securities Exchange Act of 1934, as
amended.  On August 2, 2011, the Company filed a Form 15 with the
SEC in order to provide notification of a suspension of its duty
to file reports under Section 15(d) of the Exchange Act.  The
Company continues to file reports with the SEC pursuant to the
Exchange Act in accordance with certain covenants contained in the
instruments governing the Company's outstanding indebtedness.

Warner Music reported a net loss attributable to the Company of $91
million on $2.96 billion of revenues for the fiscal year ended
Sept. 30, 2015, compared to a net loss attributable to the Company
of $308 million on $3.02 billion of revenues for the fiscal year
ended Sept. 30, 2014.

As of March 31, 2016, Warner Music had $5.48 billion in total
assets, $5.25 billion in total liabilities and $234 million in
total equity.

                           *    *     *

As reported by the TCR on Oct. 23, 2015, Standard & Poor's Ratings
Services lowered its corporate credit rating on New York City-based
Warner Music Group Corp. (WMG) to 'B' from 'B+'.  "The downgrades
reflect our expectations that WMG's adjusted
leverage will remain elevated for the next two years -- above our
5x threshold for the 'B+' corporate credit rating," said Standard &
Poor's credit analyst Naveen Sarma.


WARREN RESOURCES: Moody's Lowers PDR to D-PD on Ch. 11 Filing
-------------------------------------------------------------
Moody's Investors Service downgraded Warren Resources Inc.'s
Probability of Default Rating to D-PD from C-PD, following the
company's announcement that it has filed voluntary petitions for
relief under Chapter 11 of the United States Bankruptcy Code in the
United States Bankruptcy Court for the Southern District of Texas
on June 2, 2016.

Concurrently Moody's affirmed Warren's Corporate Family Rating
(CFR) of C and unsecured notes rating of C.  The Speculative Grade
Liquidity (SGL) Rating was affirmed at SGL-4.

A complete list of rating actions is:

Downgrades:

Issuer: Warren Resources, Inc.
  Probability of Default Rating, Downgraded to D-PD from C-PD

Affirmations:
  Corporate Family Rating, Affirmed at C
  Speculative Grade Liquidity Rating, Affirmed at SGL-4
  Senior Unsecured Notes, Affirmed at C (LGD6)

Outlook Actions:

Issuer: Warren Resources, Inc.
  Outlook remains negative

                          RATINGS RATIONALE

The downgrade of Warren's PDR to D-PD is a result of the bankruptcy
filing.  Warren's other ratings have been affirmed, which reflects
Moody's view on the potential overall family recovery.

Shortly following this rating action, Moody's will withdraw all
ratings for the company consistent with Moody's practice for
companies operating under the purview of the bankruptcy courts
wherein information flow typically becomes much more limited.

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

Warren Resources, Inc., headquartered in Denver, Co is an
independent exploration and production company with operations
primarily focused on oil production in California and natural gas
production in Pennsylvania and Wyoming.


WILLIAM MATTHEW BLACK: Court Denies Gallinghouse's Bid to Appeal
----------------------------------------------------------------
Walter Gallinghouse, Joanne Gallinghouse, G & A Publishing, Inc.,
and Gallinghouse & Associates, Inc., move for leave to appeal the
April 21, 2016 order of the United States Bankruptcy Court for the
Eastern District of Louisiana denying their motion for summary
judgment in the case captioned WALTER GALLINGHOUSE, et al. Section:
"G" (5) v. WILLIAM MATTHEW BLACK, Civil Action Case No. 16-4261
(Bankr. E.D. La.).

Judge Nannette Jolivette Brown of the United States District Court
for the Eastern District of Louisiana denied the motion.

In the instant motion, Movants seek leave to appeal the Bankruptcy
Court's Order and raise the following issues: (1) whether the
denial of summary judgment is proper considering the Bankruptcy
Court's failure to recognize that Black's debts arise from a trial
judgment where the state court concluded that Black committed
conversion and intentional infliction of emotional distress, and
therefore the debts are non-dischargeable pursuant to Section
523(a)(6) of the Bankruptcy Code; and (2) whether the denial of
summary judgment is proper considering that the Bankruptcy Court
failed to recognize that the state court's determination that Black
had participated in civil conspiracy is dispositive of whether the
Restitution Judgment against Deborah Black represents a community
debt for which Black remains personally liable. Movants assert that
the failure of the Bankruptcy Court to recognize controlling legal
authority on issue preclusion and community property law "dooms the
Gallinghouse entities to retry a case, in its entirety, that has
already been tried.

A full-text copy of the Order dated May 27, 2016 is available at
https://is.gd/ZGWA1e from Leagle.com.

Walter Gallinghouse, Appellant, is represented by John Covington
Henry, Esq. --jhenry@loeb-law.com -- Loeb Law Firm & John Alan
Berry.

Joanne Gallinghouse, Appellant, is represented by John Covington
Henry, Loeb Law Firm & John Alan Berry.

G&A Publishing, Inc., Appellant, is represented by John Covington
Henry, Loeb Law Firm & John Alan Berry.

Gallinghouse & Associates, Inc, Appellant, is represented by John
Covington Henry, Loeb Law Firm & John Alan Berry.

William Matthew Black, Appellee, is represented by Phillip Wallace,
Esq. -- Pkwallace@aol.com -- Phillip K. Wallace, Attorney at Law.


WKI HOLDING: Moody's Assigns B2 CFR, Outlook Stable
---------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating and
a B2-PD Probability of Default Rating to WKI Holding Company, Inc.
(doing business as "World Kitchen", initially "Let's Go Acquisition
Corp.") following the announcement of its acquisition by GP
Investments Acquisition Corp. ("GPIAC").  Let's Go Acquisition
Corp. is an acquisition vehicle that will be the initial borrower
under the debt financing, which will be merged with and into WKI
Holding Company, Inc. upon closing of the transaction.  WKI Holding
Company, Inc. will be the surviving entity and will assume the
obligations under the new capital structure.  Moody's also assigned
a B2 instrument rating to the company's proposed $275 million
senior secured first lien term loan due 2023.  The rating outlook
is stable.

Proceeds from the term loan along with contributed equity, will be
used to finance the purchase of a majority share in WKI Holding
Company, Inc. from W Capital Partners II, L.P. and Oaktree Capital
Management.

The transaction will increase leverage by about 0.4 times to 4.4
times (as of Q1 2016, including Moody's adjustments).  Moody's
expects World Kitchen to reduce leverage through earnings growth to
the about 4 times through year-end 2017, and to maintain good near
term liquidity.  However, the company's interest in using cash flow
and new equity and debt issuance towards potential acquisitions
limits the potential for debt paydown.

Moody's took these rating actions on Let's Go Acquisition Corp. (to
be renamed WKI Holding Company, Inc.):

  Corporate Family Rating, Assigned at B2
  Probability of Default Rating, Assigned at B2-PD
  Speculative Grade Liquidity Rating, Assigned at SGL-2
  Proposed $275 Million Senior Secured First Lien Term Loan due
   2023, Assigned at B2 (LGD4)
   Stable Outlook

These ratings will be withdrawn upon consummation of the
transaction:

WKI Holding Company, Inc. (OLD):
  Corporate Family Rating of B2
  Probability of Default Rating of B2-PD

World Kitchen LLC:
  $90 Million Senior Secured First Lien Revolving Credit Facility
   due 2018 of B1 (LGD3)
  $252 Million Senior Secured First Lien Term Loan due 2019 of B1
   (LGD3)

All ratings are subject to the execution of the transaction as
currently proposed and Moody's review of final documentation.  The
instrument ratings are subject to change if the proposed capital
structure is modified.

                          RATINGS RATIONALE

World Kitchen's B2 CFR reflects the company's small scale, high
fixed costs relative to other consumer durables companies, and
operations in the highly competitive and mature housewares
category.  Credit metrics are in line with those of some
similarly-rated peers, with pro-forma debt/EBITDA of 4.4 times and
EBIT/interest expense of 1.4 times (Moody's-adjusted, as of
April 3, 2016, pro-forma for the acquisition by GP Investments
Acquisition Corp., "GPIAC").  Moody's expects that as a publicly
traded entity with a majority independent board, the company will
have increased transparency and accountability and a more
conservative financial policy.  However, the rating also reflects
our expectations of elevated event risk from World Kitchen's
increased focus on acquisitions.  Favorably, the rating reflects
the company's portfolio of well-recognized housewares brands,
global footprint, solid execution over the past several years, and
good liquidity profile.

The B2 rating on the proposed term loan reflects its predominance
in the capital structure.  The facility will benefit from
first-priority interest in all of the assets of the borrower and
its material domestic subsidiaries, except for accounts receivable,
inventory and cash and cash equivalents, on which it will have
second priority interest.  The collateral will also include 65%
stock pledge from Parent's (GP Investments Acquisition Corp.
initially, to be renamed World Kitchen Group, Inc.) material
foreign subsidiaries.  The credit facility also benefits from
upstream and downstream guarantees from Parent and all of its
material domestic subsidiaries.  The credit agreement is expected
to allow for a $70 million incremental term loan plus an unlimited
amount up as long as pro-forma leverage is below 3.5 times (from
3.9 times pro-forma LTM Q1 2016).  It will include a basket
available for investments and restricted payments of $17.5 million
plus the portion of excess cash flow of Holdings and its restricted
subsidiaries that is not required to be applied to prepay the Term
Facility, plus a growth amount.  The use of the basket will be
subject to a pro-forma net leverage ratio of
3.0 times (3.25 times after the second anniversary of the closing
date).

The rating outlook is stable and reflects our expectation of flat
to slightly lower earnings in 2016 and a good liquidity profile
including positive free cash flow generation.

The ratings could be downgraded if operating performance
meaningfully deteriorates for any reason, including supply chain or
manufacturing disruptions, or if liquidity weakens.  Credit metrics
driving a potential downgrade include debt/EBITDA sustained above
5.5 times or EBIT/interest expense below 1.3 times.

The ratings could be upgraded if the company grows its revenue and
earnings base while maintaining a good liquidity profile.
Quantitatively, the ratings could be upgraded if debt/EBITDA is
sustained below 4.5 times, EBIT/interest expense above 2 times and
free cash flow/debt above 5%.  Other factors that could contribute
to an upgrade include increased scale and the ability to
manufacture key brands such as Corelle in multiple locations.

Headquartered in Rosemont, IL, Let's Go Acquisition Corp. (to be
renamed WKI Holding Company, Inc.), along with its operating
subsidiaries manufactures, designs and markets dinnerware,
bakeware, kitchen tools, rangetop cookware, storage and cutlery
products.  Brands include Corelle, Pyrex, Corningware, OLFA,
Snapware, Visions, Chicago Cutlery, Baker's Secret and others.  The
company markets its products primarily in the U.S., Asia-Pacific
and Canada across a range of distribution channels including mass
merchants, department stores, specialty retailers, company-operated
stores and the Internet.  Revenues for the LTM period ended April
3, 2016, were approximately $661 million. Following the acquisition
by GP Investments Acquisition Corp., World Kitchen will trade on
the NASDAQ under symbol WDKN.

The principal methodology used in these ratings was Consumer
Durables Industry published in September 2014.


WS STORES: Court Grants Antunez's Request for Copy of Plan
----------------------------------------------------------
Judge Enrique S. Lamoutte of the U.S. Bankruptcy Court for the
District of Puerto Rico granted Antunez & Son Produce, Inc.'s
motion requesting to be served with a copy of WS Stores, Corp's
disclosure statement and plan.

WS Stores, Corp (Bankr. D.P.R., Case No.: 16-03471) filed a Chapter
11 Petition on April 29, 2016.  The case is assigned to Judge
Enrique S. Lamoutte Inclan.  The Debtor's counsel is Teresa M Lube
Capo, Esq., at Lube & Soto Law Offices PSC, in San Juan, Puerto
Rico.  The Debtor's estimated assets range from $100,000 to
$500,000 and estimated liabilities from $1 million to $10 million.
The petition was signed by Jose W. Flores Santos, president.


WTB 5 ENTERPRISES: 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 Wtb 5 Enterprises, LLC.

Wtb 5 Enterprises, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-04074) on April 15,
2016.  The petition was filed pro se.


[*] Cowen Bags M&A's Boutique Restructuring Bank of the Year Award
------------------------------------------------------------------
Cowen Group, Inc. ("Cowen" or the "Company") on June 1 disclosed
that Cowen and Company recently received two awards at the Global
M&A Network's 8th Annual Turnaround Atlas Awards:

   -- Boutique Restructuring Bank of the Year
   -- Special Situation M&A Deal of the Year

These awards honor the achievements of outstanding firms and
professionals within the restructuring, bankruptcy, special
situations and turnaround communities worldwide.

Lorie Beers, Managing Director and Head of Cowen's Special
Situations Advisory Group, said, "We are proud to be recognized by
the Global M&A Network for our restructuring and recapitalization
advisory services and to be included among a distinguished list of
industry leaders.  The Boutique Restructuring Bank of the Year
award reflects Cowen's commitment to guiding clients through
challenging situations with thoughtful, tailored solutions and our
team's four decades of balance sheet advisory experience.  The
Special Situation M&A Deal of the Year award recognizes our work as
financial advisor to New York Wire in its acquisition by Phifer
Inc., which was accomplished through a 363 sale."

                     About Cowen Group, Inc.

Cowen Group, Inc. is a diversified financial services firm and,
together with its consolidated subsidiaries, provides alternative
asset management, investment banking, research, sales and trading
and prime brokerage services through its two business segments:
Ramius and its affiliates make up the Company's alternative
investment segment, while Cowen and Company and its affiliates make
up the Company's broker-dealer segment.  Ramius provides
alternative asset management solutions to a global client base and
manages a significant portion of Cowen's proprietary capital. Cowen
and Company and its affiliates offer industry focused investment
banking for growth-oriented companies, domain knowledge-driven
research, a sales and trading platform for institutional investors
and a comprehensive suite of prime brokerage services.  Founded in
1918, the firm is headquartered in New York and has offices
worldwide.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                               Total
                                              Share-      Total
                                   Total    Holders'    Working
                                  Assets      Equity    Capital
  Company         Ticker            ($MM)      ($MM)      ($MM)
  -------         ------          -------   --------    -------
ABSOLUTE SOFTWRE  OU1 GR            105.0      (41.3)     (39.7)
ABSOLUTE SOFTWRE  ABT CN            105.0      (41.3)     (39.7)
ABSOLUTE SOFTWRE  ABT2EUR EU        105.0      (41.3)     (39.7)
ABSOLUTE SOFTWRE  ALSWF US          105.0      (41.3)     (39.7)
ADV MICRO DEVICE  AMD GR          2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD* MM         2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD TH          2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD TE          2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD SW          2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD US          2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMDCHF EU       2,981.0     (503.0)     898.0
ADV MICRO DEVICE  AMD QT          2,981.0     (503.0)     898.0
ADVANCED EMISSIO  OXQ1 GR            41.6      (20.1)     (22.3)
ADVANCED EMISSIO  ADES US            41.6      (20.1)     (22.3)
ADVENT SOFTWARE   ADVS US           424.8      (50.1)    (110.8)
AERIE PHARMACEUT  AERI US           139.2       (0.2)     104.6
AERIE PHARMACEUT  AERIEUR EU        139.2       (0.2)     104.6
AERIE PHARMACEUT  0P0 GR            139.2       (0.2)     104.6
AEROJET ROCKETDY  AJRD US         1,988.0     (124.0)     132.7
AEROJET ROCKETDY  GCY GR          1,988.0     (124.0)     132.7
AEROJET ROCKETDY  GCY TH          1,988.0     (124.0)     132.7
AIR CANADA        AC CN          13,503.0     (732.0)    (256.0)
AIR CANADA        ADH2 GR        13,503.0     (732.0)    (256.0)
AIR CANADA        ACEUR EU       13,503.0     (732.0)    (256.0)
AIR CANADA        ADH2 TH        13,503.0     (732.0)    (256.0)
AIR CANADA        ACDVF US       13,503.0     (732.0)    (256.0)
AK STEEL HLDG     AK2 TH          3,987.3     (611.6)     750.7
AK STEEL HLDG     AK2 GR          3,987.3     (611.6)     750.7
AK STEEL HLDG     AKS* MM         3,987.3     (611.6)     750.7
AK STEEL HLDG     AKS US          3,987.3     (611.6)     750.7
AMER RESTAUR-LP   ICTPU US           33.5       (4.0)      (6.2)
AMYLIN PHARMACEU  AMLN US         1,998.7      (42.4)     263.0
ANGIE'S LIST INC  8AL GR            182.4       (3.5)     (27.8)
ANGIE'S LIST INC  ANGI US           182.4       (3.5)     (27.8)
ARCH COAL INC     ACIIQ* MM       4,855.4   (1,449.1)     913.7
ARGOS THERAPEUTI  ARGS US            42.8      (20.2)       0.9
ARIAD PHARM       ARIAEUR EU        502.5     (154.0)      84.2
ARIAD PHARM       ARIACHF EU        502.5     (154.0)      84.2
ARIAD PHARM       ARIA SW           502.5     (154.0)      84.2
ARIAD PHARM       APS TH            502.5     (154.0)      84.2
ARIAD PHARM       APS QT            502.5     (154.0)      84.2
ARIAD PHARM       ARIA US           502.5     (154.0)      84.2
ARIAD PHARM       APS GR            502.5     (154.0)      84.2
ARRAY BIOPHARMA   ARRY US           196.2      (14.8)     128.0
ARRAY BIOPHARMA   AR2 GR            196.2      (14.8)     128.0
ARRAY BIOPHARMA   AR2 TH            196.2      (14.8)     128.0
ASPEN TECHNOLOGY  AZPN US           439.4      (35.5)     (21.3)
ASPEN TECHNOLOGY  AST GR            439.4      (35.5)     (21.3)
AUTOZONE INC      AZO US          8,366.4   (1,741.3)    (784.8)
AUTOZONE INC      AZ5 QT          8,366.4   (1,741.3)    (784.8)
AUTOZONE INC      AZ5 TH          8,366.4   (1,741.3)    (784.8)
AUTOZONE INC      AZ5 GR          8,366.4   (1,741.3)    (784.8)
AUTOZONE INC      AZOEUR EU       8,366.4   (1,741.3)    (784.8)
AVID TECHNOLOGY   AVID US           311.8     (303.6)     (75.2)
AVID TECHNOLOGY   AVD GR            311.8     (303.6)     (75.2)
AVINTIV SPECIALT  POLGA US        1,991.4       (3.9)     322.1
AVON - BDR        AVON34 BZ       3,629.1     (435.7)     604.6
AVON PRODUCTS     AVP* MM         3,629.1     (435.7)     604.6
AVON PRODUCTS     AVP GR          3,629.1     (435.7)     604.6
AVON PRODUCTS     AVP TH          3,629.1     (435.7)     604.6
AVON PRODUCTS     AVP CI          3,629.1     (435.7)     604.6
AVON PRODUCTS     AVP US          3,629.1     (435.7)     604.6
BARRACUDA NETWOR  CUDAEUR EU        419.8      (32.1)     (41.9)
BARRACUDA NETWOR  7BM GR            419.8      (32.1)     (41.9)
BARRACUDA NETWOR  7BM QT            419.8      (32.1)     (41.9)
BARRACUDA NETWOR  CUDA US           419.8      (32.1)     (41.9)
BENEFITFOCUS INC  BNFT US           136.0      (26.7)       9.6
BENEFITFOCUS INC  BTF GR            136.0      (26.7)       9.6
BLUE BIRD CORP    1291067D US       279.4     (119.2)     (10.2)
BLUE BIRD CORP    BLBD US           279.4     (119.2)     (10.2)
BOMBARDIER INC-B  BBDBN MM       23,667.0   (3,442.0)   1,342.0
BOMBARDIER-B OLD  BBDYB BB       23,667.0   (3,442.0)   1,342.0
BOMBARDIER-B W/I  BBD/W CN       23,667.0   (3,442.0)   1,342.0
BRINKER INTL      EAT US          1,489.2     (243.7)    (225.6)
BRINKER INTL      BKJ GR          1,489.2     (243.7)    (225.6)
BRP INC/CA-SUB V  BRPIF US        2,445.2      (14.1)     363.3
BRP INC/CA-SUB V  DOO CN          2,445.2      (14.1)     363.3
BRP INC/CA-SUB V  B15A GR         2,445.2      (14.1)     363.3
BUFFALO COAL COR  BUC SJ             48.1      (17.9)       0.3
BURLINGTON STORE  BURL US         2,605.9     (105.2)     106.6
BURLINGTON STORE  BUI GR          2,605.9     (105.2)     106.6
CABLEVISION SY-A  CVY GR          6,732.4   (4,832.9)    (257.2)
CABLEVISION SY-A  CVCEUR EU       6,732.4   (4,832.9)    (257.2)
CABLEVISION SY-A  CVY TH          6,732.4   (4,832.9)    (257.2)
CABLEVISION SY-A  CVC US          6,732.4   (4,832.9)    (257.2)
CABLEVISION-W/I   8441293Q US     6,732.4   (4,832.9)    (257.2)
CABLEVISION-W/I   CVC-W US        6,732.4   (4,832.9)    (257.2)
CALIFORNIA RESOU  CRC US          6,662.0     (952.0)    (207.0)
CALIFORNIA RESOU  CRCEUR EU       6,662.0     (952.0)    (207.0)
CALIFORNIA RESOU  1CLB GR         6,662.0     (952.0)    (207.0)
CALIFORNIA RESOU  1CL TH          6,662.0     (952.0)    (207.0)
CAMBIUM LEARNING  ABCD US           131.8      (74.0)     (58.3)
CARBONITE INC     CARB US           132.7       (4.8)     (46.0)
CARBONITE INC     4CB GR            132.7       (4.8)     (46.0)
CASELLA WASTE     WA3 GR            620.4      (28.5)       0.3
CASELLA WASTE     CWST US           620.4      (28.5)       0.3
CEB INC           CEB US          1,299.6      (23.3)    (202.0)
CEB INC           FC9 GR          1,299.6      (23.3)    (202.0)
CEDAR FAIR LP     FUN US          2,003.8      (41.8)    (100.7)
CEDAR FAIR LP     7CF GR          2,003.8      (41.8)    (100.7)
CENTENNIAL COMM   CYCL US         1,480.9     (925.9)     (52.1)
CHARTER COMMUN-A  CHTR US        40,524.0     (219.0)    (313.0)
CHOICE HOTELS     CHH US            787.3     (385.9)     117.8
CHOICE HOTELS     CZH GR            787.3     (385.9)     117.8
CINCINNATI BELL   CIB GR          1,444.6     (291.6)     (64.2)
CINCINNATI BELL   CBB US          1,444.6     (291.6)     (64.2)
CLEAR CHANNEL-A   CCO US          5,739.4     (940.4)     692.7
CLEAR CHANNEL-A   C7C GR          5,739.4     (940.4)     692.7
CLIFFS NATURAL R  CLF US          1,886.3   (1,696.7)     352.2
CLIFFS NATURAL R  CVA QT          1,886.3   (1,696.7)     352.2
CLIFFS NATURAL R  CVA TH          1,886.3   (1,696.7)     352.2
CLIFFS NATURAL R  CLF2EUR EU      1,886.3   (1,696.7)     352.2
CLIFFS NATURAL R  CVA GR          1,886.3   (1,696.7)     352.2
CLIFFS NATURAL R  CLF* MM         1,886.3   (1,696.7)     352.2
COGENT COMMUNICA  CCOI US           665.1      (18.4)     168.5
COGENT COMMUNICA  OGM1 GR           665.1      (18.4)     168.5
COHERUS BIOSCIEN  CHRS US           226.2      (66.9)     118.7
COHERUS BIOSCIEN  8C5 GR            226.2      (66.9)     118.7
COHERUS BIOSCIEN  CHRSEUR EU        226.2      (66.9)     118.7
COHERUS BIOSCIEN  8C5 TH            226.2      (66.9)     118.7
COLGATE-BDR       COLG34 BZ      12,448.0      (73.0)      27.0
COLGATE-CEDEAR    CL AR          12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CLEUR EU       12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CPA TH         12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CPA GR         12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CL* MM         12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CL US          12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CPA QT         12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CLCHF EU       12,448.0      (73.0)      27.0
COLGATE-PALMOLIV  CL SW          12,448.0      (73.0)      27.0
COMMUNICATION     CSAL US         2,517.9   (1,288.9)       -
COMMUNICATION     8XC GR          2,517.9   (1,288.9)       -
CPI CARD GROUP I  PMTS US           280.4      (86.6)      59.0
CPI CARD GROUP I  PNT CN            280.4      (86.6)      59.0
CPI CARD GROUP I  CPB GR            280.4      (86.6)      59.0
CYAN INC          CYNI US           112.1      (18.4)      56.9
CYAN INC          YCN GR            112.1      (18.4)      56.9
DELEK LOGISTICS   DKL US            379.2      (11.0)      22.1
DELEK LOGISTICS   D6L GR            379.2      (11.0)      22.1
DENNY'S CORP      DENN US           288.8      (57.4)     (48.9)
DENNY'S CORP      DE8 GR            288.8      (57.4)     (48.9)
DIRECTV           DTV US         25,321.0   (3,463.0)   1,360.0
DIRECTV           DTV CI         25,321.0   (3,463.0)   1,360.0
DIRECTV           DTVEUR EU      25,321.0   (3,463.0)   1,360.0
DOMINO'S PIZZA    EZV GR            820.8   (1,730.3)     292.8
DOMINO'S PIZZA    EZV TH            820.8   (1,730.3)     292.8
DOMINO'S PIZZA    DPZ US            820.8   (1,730.3)     292.8
DPL INC           DPL US          3,202.9      (16.9)    (466.2)
DUN & BRADSTREET  DB5 TH          2,176.0   (1,106.3)     (94.4)
DUN & BRADSTREET  DNB1EUR EU      2,176.0   (1,106.3)     (94.4)
DUN & BRADSTREET  DB5 GR          2,176.0   (1,106.3)     (94.4)
DUN & BRADSTREET  DNB US          2,176.0   (1,106.3)     (94.4)
DUNKIN' BRANDS G  DNKN US         3,093.9     (234.6)     117.3
DUNKIN' BRANDS G  2DB GR          3,093.9     (234.6)     117.3
DUNKIN' BRANDS G  DNKNEUR EU      3,093.9     (234.6)     117.3
DUNKIN' BRANDS G  2DB TH          3,093.9     (234.6)     117.3
DURATA THERAPEUT  DTA GR             82.1      (16.1)      11.7
DURATA THERAPEUT  DRTXEUR EU         82.1      (16.1)      11.7
DURATA THERAPEUT  DRTX US            82.1      (16.1)      11.7
EAST DUBUQUE NIT  RNF US            241.4     (166.3)      12.0
EASTMAN KODAK CO  KODK US         2,066.0      (48.0)     861.0
EASTMAN KODAK CO  KODN GR         2,066.0      (48.0)     861.0
EDGEN GROUP INC   EDG US            883.8       (0.8)     409.2
ENERGIZER HOLDIN  EGG GR          1,584.4      (10.2)     643.2
ENERGIZER HOLDIN  ENR-WEUR EU     1,584.4      (10.2)     643.2
ENERGIZER HOLDIN  ENR US          1,584.4      (10.2)     643.2
EPL OIL & GAS IN  EPL US            563.6     (933.3)    (308.4)
EPL OIL & GAS IN  EPA1 GR           563.6     (933.3)    (308.4)
ERIN ENERGY CORP  ERN SJ            359.6     (137.4)    (338.3)
EXELIXIS INC      EXELEUR EU        492.5     (156.0)     238.4
EXELIXIS INC      EX9 GR            492.5     (156.0)     238.4
EXELIXIS INC      EX9 TH            492.5     (156.0)     238.4
EXELIXIS INC      EX9 QT            492.5     (156.0)     238.4
EXELIXIS INC      EXEL US           492.5     (156.0)     238.4
FAIRMOUNT SANTRO  FMSA US         1,316.0      (73.6)     171.8
FAIRMOUNT SANTRO  FMSAEUR EU      1,316.0      (73.6)     171.8
FAIRMOUNT SANTRO  FM1 GR          1,316.0      (73.6)     171.8
FAIRPOINT COMMUN  FRP US          1,291.0      (17.0)      (1.2)
FAIRPOINT COMMUN  FONN GR         1,291.0      (17.0)      (1.2)
FIFTH STREET ASS  FSAM US           161.0      (11.6)       -
FREESCALE SEMICO  1FS TH          3,159.0   (3,079.0)   1,264.0
FREESCALE SEMICO  FSL US          3,159.0   (3,079.0)   1,264.0
FREESCALE SEMICO  FSLEUR EU       3,159.0   (3,079.0)   1,264.0
FREESCALE SEMICO  1FS GR          3,159.0   (3,079.0)   1,264.0
FREESCALE SEMICO  1FS QT          3,159.0   (3,079.0)   1,264.0
GAMCO INVESTO-A   GBL US            115.9     (248.2)       -
GAMING AND LEISU  GLPI US         2,436.2     (258.8)     (98.7)
GAMING AND LEISU  2GL GR          2,436.2     (258.8)     (98.7)
GARDA WRLD -CL A  GW CN           1,982.6     (436.3)      69.1
GARTNER INC       GGRA GR         2,211.5     (112.7)    (111.9)
GARTNER INC       IT* MM          2,211.5     (112.7)    (111.9)
GARTNER INC       IT US           2,211.5     (112.7)    (111.9)
GCP APPLIED TECH  GCP US            985.6     (182.1)     219.8
GCP APPLIED TECH  43G GR            985.6     (182.1)     219.8
GENTIVA HEALTH    GHT GR          1,225.2     (285.2)     130.0
GENTIVA HEALTH    GTIV US         1,225.2     (285.2)     130.0
GLG PARTNERS INC  GLG US            400.0     (285.6)     156.9
GLG PARTNERS-UTS  GLG/U US          400.0     (285.6)     156.9
GOLD RESERVE INC  GDRZF US           24.0      (20.5)      10.0
GOLD RESERVE INC  GOD GR             24.0      (20.5)      10.0
GOLD RESERVE INC  GRZ CN             24.0      (20.5)      10.0
GRAHAM PACKAGING  GRM US          2,947.5     (520.8)     298.5
GYMBOREE CORP/TH  GYMB US         1,156.7     (337.9)      29.4
H&R BLOCK INC     HRB US          2,874.0     (536.7)     631.6
H&R BLOCK INC     HRB TH          2,874.0     (536.7)     631.6
H&R BLOCK INC     HRB GR          2,874.0     (536.7)     631.6
H&R BLOCK INC     HRBEUR EU       2,874.0     (536.7)     631.6
HCA HOLDINGS INC  2BH GR         32,776.0   (5,999.0)   3,803.0
HCA HOLDINGS INC  HCAEUR EU      32,776.0   (5,999.0)   3,803.0
HCA HOLDINGS INC  HCA US         32,776.0   (5,999.0)   3,803.0
HCA HOLDINGS INC  2BH TH         32,776.0   (5,999.0)   3,803.0
HECKMANN CORP-U   HEK/U US          460.1      (65.1)    (465.4)
HEWLETT-PACKA-WI  HPQ-W US       25,523.0   (4,786.0)  (1,477.0)
HOVNANIAN-A-WI    HOV-W US        2,518.6     (152.3)   1,519.6
HP COMPANY-BDR    HPQB34 BZ      25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQ SW         25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQCHF EU      25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQ US         25,523.0   (4,786.0)  (1,477.0)
HP INC            7HP TH         25,523.0   (4,786.0)  (1,477.0)
HP INC            HWP QT         25,523.0   (4,786.0)  (1,477.0)
HP INC            7HP GR         25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQ* MM        25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQ CI         25,523.0   (4,786.0)  (1,477.0)
HP INC            HPQ TE         25,523.0   (4,786.0)  (1,477.0)
HUGHES TELEMATIC  HUTCU US          110.2     (101.6)    (113.8)
IDEXX LABS        IX1 GR          1,478.6      (73.8)     (69.7)
IDEXX LABS        IDXX US         1,478.6      (73.8)     (69.7)
IDEXX LABS        IX1 TH          1,478.6      (73.8)     (69.7)
IMMUNOGEN INC     IMU QT            222.3      (41.1)     153.5
IMMUNOGEN INC     IMU GR            222.3      (41.1)     153.5
IMMUNOGEN INC     IMGN US           222.3      (41.1)     153.5
IMMUNOGEN INC     IMU TH            222.3      (41.1)     153.5
IMMUNOMEDICS INC  IMMU US            67.6      (45.0)      50.6
IMMUNOMEDICS INC  IM3 TH             67.6      (45.0)      50.6
IMMUNOMEDICS INC  IM3 GR             67.6      (45.0)      50.6
INFOR ACQUISIT-A  IAC/A CN          233.0       (1.6)       2.0
INFOR ACQUISITIO  IAC-U CN          233.0       (1.6)       2.0
INFOR US INC      LWSN US         6,048.5     (796.8)    (226.4)
INNOVIVA INC      HVE GR            387.8     (362.0)     186.1
INNOVIVA INC      INVA US           387.8     (362.0)     186.1
INTERNATIONAL WI  ITWG US           325.1      (11.5)      95.4
INVENTIV HEALTH   VTIV US         2,127.8     (783.0)     121.1
IPCS INC          IPCS US           559.2      (33.0)      72.1
ISRAMCO INC       ISRL US           144.9       (2.8)      12.5
ISRAMCO INC       ISRLEUR EU        144.9       (2.8)      12.5
ISRAMCO INC       IRM GR            144.9       (2.8)      12.5
ISTA PHARMACEUTI  ISTA US           124.7      (64.8)       2.2
J CREW GROUP INC  JCG US          1,477.3     (776.7)      91.4
JACK IN THE BOX   JACK US         1,301.5     (190.6)     (83.8)
JACK IN THE BOX   JBX GR          1,301.5     (190.6)     (83.8)
JACK IN THE BOX   JACK1EUR EU     1,301.5     (190.6)     (83.8)
JUST ENERGY GROU  JE CN           1,247.4     (651.1)    (118.7)
JUST ENERGY GROU  JE US           1,247.4     (651.1)    (118.7)
JUST ENERGY GROU  1JE GR          1,247.4     (651.1)    (118.7)
KOPPERS HOLDINGS  KO9 GR          1,129.7       (4.3)     173.5
KOPPERS HOLDINGS  KOP US          1,129.7       (4.3)     173.5
L BRANDS INC      LBEUR EU        7,425.8   (1,085.9)   1,385.8
L BRANDS INC      LB* MM          7,425.8   (1,085.9)   1,385.8
L BRANDS INC      LTD TH          7,425.8   (1,085.9)   1,385.8
L BRANDS INC      LTD GR          7,425.8   (1,085.9)   1,385.8
L BRANDS INC      LTD QT          7,425.8   (1,085.9)   1,385.8
L BRANDS INC      LB US           7,425.8   (1,085.9)   1,385.8
LANDCADIA HOLDIN  LCAHU US            0.3       (0.0)      (0.3)
LAREDO PETROLEUM  LPI US          1,637.2      (45.7)     124.8
LAREDO PETROLEUM  8LP GR          1,637.2      (45.7)     124.8
LAREDO PETROLEUM  LPI1EUR EU      1,637.2      (45.7)     124.8
LEAP WIRELESS     LWI GR          4,662.9     (125.1)     346.9
LEAP WIRELESS     LEAP US         4,662.9     (125.1)     346.9
LEAP WIRELESS     LWI TH          4,662.9     (125.1)     346.9
LENNOX INTL INC   LXI GR          1,861.0      (73.3)     318.4
LENNOX INTL INC   LII US          1,861.0      (73.3)     318.4
LORILLARD INC     LO US           4,154.0   (2,134.0)   1,135.0
LORILLARD INC     LLV TH          4,154.0   (2,134.0)   1,135.0
LORILLARD INC     LLV GR          4,154.0   (2,134.0)   1,135.0
M&A HOLDING CORP  MHDG US             0.0       (0.0)      (0.0)
MADISON-A/NEW-WI  MSGN-W US         799.5   (1,167.1)     134.9
MAJESCOR RESOURC  MJXEUR EU           0.0       (0.1)      (0.1)
MANITOWOC FOOD    MFS US          1,822.9     (125.7)       2.5
MANITOWOC FOOD    6M6 GR          1,822.9     (125.7)       2.5
MANITOWOC FOOD    MFS1EUR EU      1,822.9     (125.7)       2.5
MANNKIND CORP     MNKD IT            93.3     (373.5)    (205.1)
MARRIOTT INTL-A   MAR US          6,121.0   (3,667.0)  (1,823.0)
MARRIOTT INTL-A   MAQ TH          6,121.0   (3,667.0)  (1,823.0)
MARRIOTT INTL-A   MAQ GR          6,121.0   (3,667.0)  (1,823.0)
MDC COMM-W/I      MDZ/W CN        1,571.6     (454.2)    (274.0)
MDC PARTNERS-A    MDCA US         1,571.6     (454.2)    (274.0)
MDC PARTNERS-A    MDZ/A CN        1,571.6     (454.2)    (274.0)
MDC PARTNERS-A    MDCAEUR EU      1,571.6     (454.2)    (274.0)
MDC PARTNERS-EXC  MDZ/N CN        1,571.6     (454.2)    (274.0)
MEAD JOHNSON      MJNEUR EU       4,016.8     (592.4)   1,392.1
MEAD JOHNSON      MJN US          4,016.8     (592.4)   1,392.1
MEAD JOHNSON      0MJA GR         4,016.8     (592.4)   1,392.1
MEAD JOHNSON      0MJA TH         4,016.8     (592.4)   1,392.1
MEDLEY MANAGE-A   MDLY US           112.0      (24.5)      44.7
MERITOR INC       AID1 GR         2,093.0     (601.0)     146.0
MERITOR INC       MTOR US         2,093.0     (601.0)     146.0
MERRIMACK PHARMA  MP6 GR            192.9     (217.1)      63.3
MERRIMACK PHARMA  MACK US           192.9     (217.1)      63.3
MICHAELS COS INC  MIM GR          2,023.3   (1,724.1)     594.9
MICHAELS COS INC  MIK US          2,023.3   (1,724.1)     594.9
MIDSTATES PETROL  MPO1EUR EU        782.8   (1,504.5)  (1,920.4)
MONEYGRAM INTERN  MGI US          4,280.0     (224.3)     (16.8)
MOODY'S CORP      MCO US          5,114.9     (351.5)   1,933.4
MOODY'S CORP      MCOEUR EU       5,114.9     (351.5)   1,933.4
MOODY'S CORP      DUT GR          5,114.9     (351.5)   1,933.4
MOODY'S CORP      DUT TH          5,114.9     (351.5)   1,933.4
MOODY'S CORP      DUT QT          5,114.9     (351.5)   1,933.4
MOTOROLA SOLUTIO  MTLA TH         9,049.0     (137.0)   1,969.0
MOTOROLA SOLUTIO  MTLA GR         9,049.0     (137.0)   1,969.0
MOTOROLA SOLUTIO  MSI US          9,049.0     (137.0)   1,969.0
MOTOROLA SOLUTIO  MOT TE          9,049.0     (137.0)   1,969.0
MPG OFFICE TRUST  1052394D US     1,280.0     (437.3)       -
MSG NETWORKS- A   1M4 GR            799.5   (1,167.1)     134.9
MSG NETWORKS- A   1M4 TH            799.5   (1,167.1)     134.9
MSG NETWORKS- A   MSGN US           799.5   (1,167.1)     134.9
NATHANS FAMOUS    NATH US            81.0      (65.2)      57.4
NATHANS FAMOUS    NFA GR             81.0      (65.2)      57.4
NATIONAL CINEMED  NCMI US         1,037.6     (173.3)      92.5
NATIONAL CINEMED  XWM GR          1,037.6     (173.3)      92.5
NAVIDEA BIOPHARM  NAVB IT            12.3      (57.2)     (47.1)
NAVISTAR INTL     IHR GR          5,980.0   (5,190.0)     139.0
NAVISTAR INTL     IHR TH          5,980.0   (5,190.0)     139.0
NAVISTAR INTL     NAV US          5,980.0   (5,190.0)     139.0
NEFF CORP-CL A    NEFF US           672.3     (169.4)       0.4
NEKTAR THERAPEUT  ITH GR            491.9       (0.3)     278.9
NEKTAR THERAPEUT  NKTR US           491.9       (0.3)     278.9
NEW ENG RLTY-LP   NEN US            193.8      (31.2)       -
NORTHERN OIL AND  NOG US            573.2     (322.5)      (7.7)
NORTHERN OIL AND  4LT GR            573.2     (322.5)      (7.7)
NTELOS HOLDINGS   NTLS US           611.1      (39.9)     104.9
OCH-ZIFF CAPIT-A  35OA GR         1,255.3     (183.7)       -
OCH-ZIFF CAPIT-A  OZM US          1,255.3     (183.7)       -
OMEROS CORP       OMEREUR EU         36.0      (40.7)       6.8
OMEROS CORP       3O8 TH             36.0      (40.7)       6.8
OMEROS CORP       3O8 GR             36.0      (40.7)       6.8
OMEROS CORP       OMER US            36.0      (40.7)       6.8
OMTHERA PHARMACE  OMTH US            18.3       (8.5)     (12.0)
ONCOMED PHARMACE  OMED US           204.9      (19.8)     149.9
ONCOMED PHARMACE  O0M GR            204.9      (19.8)     149.9
PALM INC          PALM US         1,007.2       (6.2)     141.7
PAVMED INC        PAVMU US            0.8       (0.1)      (0.5)
PBF LOGISTICS LP  PBFX US           433.6     (180.7)      40.6
PBF LOGISTICS LP  11P GR            433.6     (180.7)      40.6
PENN NATL GAMING  PN1 GR          5,128.7     (649.1)    (189.9)
PENN NATL GAMING  PENN US         5,128.7     (649.1)    (189.9)
PHILIP MORRIS IN  PMI EB        (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PM US         (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PMI SW        (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PMI1 IX       (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PM1CHF EU     (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PM1EUR EU     (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  4I1 TH        (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PM1 TE        (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  4I1 GR        (34,621.0)  10,894.0    1,837.0
PHILIP MORRIS IN  PM FP         (34,621.0)  10,894.0    1,837.0
PLAYBOY ENTERP-A  PLA/A US          165.8      (54.4)     (16.9)
PLAYBOY ENTERP-B  PLA US            165.8      (54.4)     (16.9)
PLY GEM HOLDINGS  PG6 GR          1,210.9     (101.0)     239.9
PLY GEM HOLDINGS  PGEM US         1,210.9     (101.0)     239.9
POLYMER GROUP-B   POLGB US        1,991.4       (3.9)     322.1
PROTECTION ONE    PONE US           562.9      (61.8)      (7.6)
QUALITY DISTRIBU  QDZ GR            413.0      (22.9)     102.9
QUALITY DISTRIBU  QLTY US           413.0      (22.9)     102.9
QUINTILES TRANSN  Q US            3,982.9     (205.9)     859.0
QUINTILES TRANSN  QTS GR          3,982.9     (205.9)     859.0
REGAL ENTERTAI-A  RGC US          2,632.3     (877.6)    (113.1)
REGAL ENTERTAI-A  RGC* MM         2,632.3     (877.6)    (113.1)
REGAL ENTERTAI-A  RETA GR         2,632.3     (877.6)    (113.1)
RENAISSANCE LEA   RLRN US            57.0      (28.2)     (31.4)
RENTECH NITROGEN  2RN GR            241.4     (166.3)      12.0
RENTPATH LLC      PRM US            208.0      (91.7)       3.6
REVLON INC-A      RVL1 GR         1,887.7     (573.3)     308.5
REVLON INC-A      REV US          1,887.7     (573.3)     308.5
RLJ ACQUISITI-UT  RLJAU US          135.8      (13.5)      20.6
ROUNDY'S INC      RNDY US         1,095.7      (92.7)      59.7
ROUNDY'S INC      4R1 GR          1,095.7      (92.7)      59.7
RURAL/METRO CORP  RURL US           303.7      (92.1)      72.4
RYERSON HOLDING   7RY GR          1,582.8     (118.7)     625.0
RYERSON HOLDING   7RY TH          1,582.8     (118.7)     625.0
RYERSON HOLDING   RYI US          1,582.8     (118.7)     625.0
SALLY BEAUTY HOL  SBH US          2,069.4     (341.4)     643.4
SALLY BEAUTY HOL  S7V GR          2,069.4     (341.4)     643.4
SANCHEZ ENERGY C  13S TH          1,421.2     (523.1)     401.7
SANCHEZ ENERGY C  SN* MM          1,421.2     (523.1)     401.7
SANCHEZ ENERGY C  13S GR          1,421.2     (523.1)     401.7
SANCHEZ ENERGY C  SN US           1,421.2     (523.1)     401.7
SBA COMM CORP-A   SBACEUR EU      7,371.6   (1,630.6)      49.5
SBA COMM CORP-A   SBJ TH          7,371.6   (1,630.6)      49.5
SBA COMM CORP-A   SBJ GR          7,371.6   (1,630.6)      49.5
SBA COMM CORP-A   SBAC US         7,371.6   (1,630.6)      49.5
SCIENTIFIC GAM-A  SGMS US         7,690.7   (1,583.9)     516.3
SCIENTIFIC GAM-A  TJW GR          7,690.7   (1,583.9)     516.3
SEARS HOLDINGS    SEE QT         11,175.0   (2,360.0)   1,526.0
SEARS HOLDINGS    SEE TH         11,175.0   (2,360.0)   1,526.0
SEARS HOLDINGS    SEE GR         11,175.0   (2,360.0)   1,526.0
SEARS HOLDINGS    SHLD US        11,175.0   (2,360.0)   1,526.0
SILVER SPRING NE  9SI GR            465.6      (45.9)     (20.0)
SILVER SPRING NE  SSNI US           465.6      (45.9)     (20.0)
SILVER SPRING NE  9SI TH            465.6      (45.9)     (20.0)
SIRIUS XM CANADA  SIICF US          292.9     (134.0)    (172.0)
SIRIUS XM CANADA  XSR CN            292.9     (134.0)    (172.0)
SIRIUS XM HOLDIN  RDO TH          7,928.2     (563.9)  (1,942.3)
SIRIUS XM HOLDIN  RDO GR          7,928.2     (563.9)  (1,942.3)
SIRIUS XM HOLDIN  SIRI US         7,928.2     (563.9)  (1,942.3)
SONIC CORP        SO4 GR            606.7      (33.2)      15.5
SONIC CORP        SONC US           606.7      (33.2)      15.5
SONIC CORP        SONCEUR EU        606.7      (33.2)      15.5
SPORTSMAN'S WARE  SPWH US           338.8       (2.4)      84.5
SPORTSMAN'S WARE  06S GR            338.8       (2.4)      84.5
SUPERVALU INC     SVU* MM         4,370.0     (433.0)      63.0
SUPERVALU INC     SVU US          4,370.0     (433.0)      63.0
SUPERVALU INC     SJ1 GR          4,370.0     (433.0)      63.0
SUPERVALU INC     SJ1 TH          4,370.0     (433.0)      63.0
SWIFT ENERGY CO   SWTF US           433.3     (960.1)    (376.7)
SYNERGY PHARMACE  SGYPEUR EU         88.4       (6.5)      68.3
SYNERGY PHARMACE  S90 GR             88.4       (6.5)      68.3
SYNERGY PHARMACE  SGYP US            88.4       (6.5)      68.3
TAILORED BRANDS   TLRD US         2,244.3     (100.1)     723.6
TAILORED BRANDS   WRMA GR         2,244.3     (100.1)     723.6
TAILORED BRANDS   TLRD* MM        2,244.3     (100.1)     723.6
TIANHE UNION HOL  TUAAE US            0.0       (0.0)      (0.0)
TRANSDIGM GROUP   T7D GR          8,359.5     (961.8)   1,082.0
TRANSDIGM GROUP   TDG SW          8,359.5     (961.8)   1,082.0
TRANSDIGM GROUP   T7D QT          8,359.5     (961.8)   1,082.0
TRANSDIGM GROUP   TDGCHF EU       8,359.5     (961.8)   1,082.0
TRANSDIGM GROUP   TDGEUR EU       8,359.5     (961.8)   1,082.0
TRANSDIGM GROUP   TDG US          8,359.5     (961.8)   1,082.0
TURNING POINT BR  TPB US            257.0      (84.6)      49.9
UNISYS CORP       UIS US          2,265.1   (1,354.3)     261.5
UNISYS CORP       UIS1 SW         2,265.1   (1,354.3)     261.5
UNISYS CORP       USY1 TH         2,265.1   (1,354.3)     261.5
UNISYS CORP       UISEUR EU       2,265.1   (1,354.3)     261.5
UNISYS CORP       UISCHF EU       2,265.1   (1,354.3)     261.5
UNISYS CORP       USY1 GR         2,265.1   (1,354.3)     261.5
VECTOR GROUP LTD  VGR US          1,228.8     (153.9)     335.3
VECTOR GROUP LTD  VGR QT          1,228.8     (153.9)     335.3
VECTOR GROUP LTD  VGR GR          1,228.8     (153.9)     335.3
VENOCO INC        VQ US             403.8     (354.3)     195.7
VERISIGN INC      VRSN US         2,323.7   (1,108.0)     464.3
VERISIGN INC      VRS TH          2,323.7   (1,108.0)     464.3
VERISIGN INC      VRS GR          2,323.7   (1,108.0)     464.3
VERISIGN INC      VRS QT          2,323.7   (1,108.0)     464.3
VERIZON TELEMATI  HUTC US           110.2     (101.6)    (113.8)
VIEWRAY INC       VRAY US            39.1      (19.8)      (0.6)
VIRGIN MOBILE-A   VM US             307.4     (244.2)    (138.3)
WEIGHT WATCHERS   WW6 TH          1,290.5   (1,296.9)    (173.7)
WEIGHT WATCHERS   WTWEUR EU       1,290.5   (1,296.9)    (173.7)
WEIGHT WATCHERS   WW6 GR          1,290.5   (1,296.9)    (173.7)
WEIGHT WATCHERS   WTW US          1,290.5   (1,296.9)    (173.7)
WEST CORP         WT2 GR          3,522.7     (536.2)     231.2
WEST CORP         WSTC US         3,522.7     (536.2)     231.2
WESTERN REFINING  WNRL US           487.3      (73.7)      13.9
WESTERN REFINING  WR2 GR            487.3      (73.7)      13.9
WESTMORELAND COA  WLB US          1,770.7     (550.1)     (32.2)
WINGSTOP INC      WING US           116.6       (4.8)       2.0
WINGSTOP INC      EWG GR            116.6       (4.8)       2.0
WINMARK CORP      WINA US            43.8      (27.3)      12.0
WINMARK CORP      GBZ GR             43.8      (27.3)      12.0
YRC WORLDWIDE IN  YRCW US         1,863.8     (392.7)     178.1
YRC WORLDWIDE IN  YEL1 TH         1,863.8     (392.7)     178.1
YRC WORLDWIDE IN  YRCWEUR EU      1,863.8     (392.7)     178.1
YRC WORLDWIDE IN  YEL1 GR         1,863.8     (392.7)     178.1
YRC WORLDWIDE IN  YEL1 QT         1,863.8     (392.7)     178.1


                            *********

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 ***