TCR_Public/160704.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, July 4, 2016, Vol. 20, No. 186

                            Headlines

A.L. EASTMOND: $7M Sale Okayed After No Rival Bids Submitted
ABBY LEE MILLER: Pleads Guilty in Bankruptcy Fraud Case
ABENGOA BIOENERGY: Selling Property Interest to Rich for $200K
ACTRONIX INC: Exclusive Plan Filing Period Extended to Aug. 31
ALABAMA STATE UNIVERSITY: Moody's Affirms Ba2 Lease Bonds Rating

ALLEN BROTHERS: Court Official Announces Plan to Form Committee
ALLIANCE ONE: Moody's Says Delayed 10K Filing is Credit Negative
ALTOMARE 22: Case Summary & 5 Unsecured Creditors
AMANS HOSPITALITY: Wants Plan Confirmation Hearing Set for July 12
AMERICAN MEDIA: Posts $18 Million Net Income for Fiscal 2016

APOLLO MEDICAL: Amends Tracy Purchase Agreement for Clarity
APPLIED MINERALS: Closes $1.64 Million Capital Raise
ARR MEDICAL: Wants Exclusive Plan Filing Deadline Moved by 90 Days
ATLANTIC & PACIFIC: Wants Plan Filing Deadline Moved to Jan. 19
BAMC DEVELOPMENT: Case Summary & 6 Unsecured Creditors

BEAR METALLURGICAL: U.S. Trustee Forms 3-Member Committee
BFN OPERATIONS: U.S. Trustee Forms 5-Member Committee
BH GRP: Seeks Approval to Continue Property Sales
BIND THERAPEUTICS: Files Motion for Approval of Stalking Horse APA
BON-TON STORES: Reaffirms Fiscal 2016 Guidance

BOWERS INVESTMENT: U.S. Trustee Unable to Appoint Committee
C COMPANY GENERAL: Sale of Business Equipment by Church Approved
C&J ENERGY: Reaches Agreement in Principle with Secured Lenders
CARRICK TRACKING: Trustee's Sale of Loader for $12.8K Approved
CFG INVESTMENT: Chapter 15 Case Summary

CHINA FISHERY: Case Summary & 53 Largest Unsecured Creditors
CHINA FISHERY: Files for Ch. 11 Bankruptcy Due to El Nino
CHRISTOPHER NUSSBAUMER: Sells Five Points Property to Hu for $882K
COMSTOCK MINING: Announces Selected Business Update
CONNTECH PRODUCTS: Selling Machinery and Equipment for $1.36M

CONTINENTAL EXPLORATION: Trustee Selling Oklahoma Properties
COSHOCTON HOSPITAL: Case Summary & 20 Largest Unsecured Creditors
COSHOCTON HOSPITAL: Files for Bankruptcy, Seeks Sale to Prime
CTI BIOPHARMA: Est. Financial Standing at $53.7M as of May 31
DAWSON INTERNATIONAL: U.S. Trustee Unable to Appoint Committee

DELAWARE VALLEY UNIV: Moody's Cuts 2012 LL1 Bonds Rating to Ba1
EASTERN ILLINOIS UNIV: Moody's Cuts AFS Revenue Bonds Rating to B1
EDWARD RENSI: Judge Approves Sale of Hobson Valley Property
ENERGY FUTURE: Can Enter Into $4.2-Bil. Exit Financing Commitment
ENERGY FUTURE: NexEra Said to Bid on Oncor; Berkshire Interested

FAIRWAY GROUP: Moody's Assigns Caa1 Corporate Family Rating
FEDERATION EMPLOYMENT: Judge Approves Membership Interests Sale
FEDERATION EMPLOYMENT: Selling Bronx Property to Altmark for $7.7M
FIDELITY NATIONAL: Fitch Affirms BB+ Rating on Sr. Unsecured Debt
FINJAN HOLDINGS: Grants Patent License Agreement to European Firm

FIRST ONE HUNDRED: Wants Plan Filing Period Extended to Aug. 1
FITNESS INT'L: Moody's Puts B2 CFR Under Review for Upgrade
FRESH & EASY: Selling Liquor License to Smart & Final for $17,500
GAS COMPRESSOR: Taps Buechler & Garber as Bankruptcy Counsel
GAWKER MEDIA: $14-Mil. Interim Cash Collateral Use Approved

GAWKER MEDIA: Seeks Preliminary Injunction Issuance
GEO V HAMILTON: Wants Plan Filing Deadline Moved to Dec. 16
GOVERNORS STATE UNIVERSITY: Moody's Cuts UFS Bonds Rating to Ba1
HCR HEALTHCARE: Moody's Affirms B3 CFR & Alters Outlook to Negative
HERCULES OFFSHORE: Asks Court to Enforce Automatic Stay

HERCULES OFFSHORE: Can Access Cash Collateral Until September 1
HF RESOURCES: U.S. Trustee Unable to Appoint Committee
HI-TEMP SPECIALTY: Hires Diconza Traurig as Counsel
HI-TEMP SPECIALTY: Taps Cohnreznick Capital as Investment Banker
HIGH RIDGE MANAGEMENT: Plan Solicitation Deadline Moved to Aug. 30

HOWARD UNIVERSITY: Moody's Assigns Ba1 Rating on 2016 Bank Bonds
INTERNATIONAL BRIDGE: Wants Plan Filing Deadline Moved to Sept. 28
J.T.P. CORP: U.S. Trustee Unable to Appoint Committee
JOHN Q. HAMMONS HOTELS: Can Continue Normal Operations
JOHNS-MANVILLE CORP: Court Enjoins L. Berry's Asbestos-related Suit

K & C LV INVESTMENTS: Case Summary & 18 Top Unsecured Creditors
KALOBIOS PHARMA: Exits Ch.11 Bankruptcy; Buys Savant Rights
KIM ANH PHAN: El Morro Property Sale for $830K Approved
KOMODIDAD DISTRIBUTORS: Cash Collateral Budget Extended to July 8
KOMODIDAD DISTRIBUTORS: Interim Cash Collateral Use Allowed

LINC USA: Seeks to Amend DIP Budget to Add $850K Insurance Payment
LINNCO LLC: Extends Exchange Offer Period for Energy Units
LIONS GATE: Moody's Puts Ba3 CFR on Review for Downgrade
LUAR CLEANERS: Court Dismisses Chapter 11 Case
LURA DEE KIRKLAND: Selling Mercedes-Benz CLS400 for $69K to Sewell

MAAS GLOBAL: Hires Swan and Gardiner as Accountant
MARIA'S MONT BLANC: Judge Approves Auction of Equipment
MFF CORP: Hires Polis & Associates as Counsel
MICHAEL A. GRAL: U.S. Trustee Forms 3-Member Committee
MIDLAND PROPERTIES: Sanctioned for Bad Faith Bankruptcy Filing

MONSERRATE HERNANDEZ: Bid Procedures for Property Sale Approved
MORRIS SCHNEIDER: $7K Sale of 2012 Ford Fusion Approved
NANA DEVELOPMENT: Moody's Cuts Corporate Family Rating to Caa2
NORTHEASTERN ILLINOIS UNIV: Moody's Cuts Rating on COPs to Ba2
NORTHWEST PEDIATRIC: Plan Filing Period Extended to Oct. 4

NUMISMATIC SUBS: U.S. Trustee Unable to Appoint Committee
OMEGA HEALTHCARE: Fitch Assigns 'BB+' Rating on Subordinated Debt
PALOMAR HEALTH: Fitch Affirms 'BB+' Rating on Revenue Bonds
PARAGON OFFSHORE: Exclusive Plan Filing Period Extended to Aug. 12
PEAK WEB: $250K Interim Unsecured Credit From PSA 9 Allowed

PEAK WEB: Interim Cash Collateral Use Until July 27 Approved
PEAK WEB: Wants $500K Line of Credit From PSA 9
PERFORMANCE SPORTS: Moody's Affirms B3 Corporate Family Rating
PERSEON CORP: Court OKs MedLink-Led Auction on July 25
PHOENIX HELIPARTS: Proposes Revised Deal with Nichols

PICTURE CAR WAREHOUSE: Oct. 17, 2016 Set as Claims Bar Date
PRICEVILLE PARTNERS: Court Extends Exclusivity Periods by 90 Days
PRIMERA ENERGY: Bankruptcy Plan Confirmed
RAUL VELEZ: Court Dismisses Chapter 11 Case
RCN TELECOM: S&P Raises Rating on Sr. Sec. Facility to 'B+'

SAMUEL WYLY: Beverly Property is Exempt Homestead, Court Rules
SCIO DIAMOND: Delays Filing of Fiscal 2016 Annual Report
SCPD GRAMERCY: Voluntary Chapter 11 Case Summary
SEVENTY SEVEN: Obtains Final Court OK to Tap $100MM DIP Loan
SOUTHWESTERN ENERGY: Fitch Affirms 'B+' IDR, Outlook Positive

SOUTHWESTERN WISCONSIN: U.S. Trustee Unable to Appoint Committee
SS&C TECHNOLOGIES: S&P Affirms 'BB' CCR, Outlook Stable
STARZ LLC: Moody's Puts Ba2 CFR on Review for Downgrade
STONE ENERGY: Terminates Drilling Contract with ENSCO
SWORDS GROUP: U.S. Trustee Unable to Appoint Committee

TALBOT ENTERPRISES: Wants Plan Filing Period Extended to Sept. 5
TRIANGLE PETROLEUM: Kenneth Hersh Files Schedule 13D with SEC
UNIQUE RECYCLING: U.S. Trustee Forms 2-Member Committee
VICTORIA TEODORESCU: Judge Approved East Hampton Property Sale
WAGNER ENTERPRISES: Hires Murphy Law Offices as Attorney

WESTERN GAS: Moody's Assigns Ba1 Rating on Proposed 2026 Notes
WESTERN WOOD: Case Summary & 20 Largest Unsecured Creditors
WILLIAM COLE: Proposes Aug. 15, 2016 Claims Bar Date
YRC WORLDWIDE: Amends Loan Agreement with Citizens Business
YRC WORLDWIDE: Extends Terms of $450 Million ABL Facility

[*] Blair Heads Deloitte Advisory Corporate Restructuring Group
[*] Global Healthcare REIT Sells Nursing Facility in Georgia
[^] BOND PRICING: For the Week from June 27 to July 1

                            *********

A.L. EASTMOND: $7M Sale Okayed After No Rival Bids Submitted
------------------------------------------------------------
Judge Sean H. Lane of the U.S. Bankruptcy Court for the Southern
District of New York authorized  A. L. Eastmond & Sons, Inc., Easco
Boiler Corp. and Eastmond & Sons Boiler Repair & Welding Service,
Inc. to sell their property located at 1200 Oak Point Avenue, also
known as 448 Tiffany Street, Hunts Point, Bronx, New York and 437
Casanova Street, Hunts Point, Bronx, New York ("Property") to AFP
Seventy Eight Corp., the stalking horse bidder for $7,000,000.  No
other qualified bids were timely received and thus no auction was
held.  Accordingly, the Court approved the sale to the stalking
horse bidder.

The sale of the Property is free and clear of all liens, claims and
encumbrances, but otherwise "as is" and "where is".

Simultaneous with the closing, the Debtors will remit the proceeds
of the sale transaction:

   a) in full satisfaction of the following secured claims against
the Property that are senior to the Secured Lender's Claim (exact
amounts to be determined as of Closing):

          i) the secured tax claim of Tower Capital Management,
LLC, as servicer for NYCTL 2015-A Trust and the Bank of New York
Mellon as Collateral Agent and Custodian,

          ii) the secured tax claim of the New York City Department
of Taxation and Finance (Lots 121 an d 130),

         iii) the secured tax claims relating to those certain tax
liens sold at a May 2016 tax lien sale relating to lot 121 for the
second half of 2014/2015 and the 2015/2016 tax year, and
           iv) the secured claim of the New York City Water Board;

   b) to the Broker in the amount of its  earned commission on the
Sale Transaction as previously approved by this Court;

   c) to the Debtors' professionals, on a pro rata basis, in
payment of allowed outstanding administrative claims for
professional fees, solely to the extent approved by this Court and
up  to the aggregate amount of $225,000;

   d) in satisfaction of recording charges and other amounts
required to be paid by the Debtors under the Sale Agreement; and

   e) in the remaining amount to the Secured Lender in  full
release of the Secured Lender's Liens, Claims and Interests against
the Property.  

The Court said that the approval of the Sale Agreement and
consummation of the Sale Transaction are in the best interests of
the Debtors, their creditors and estates, and other
parties-in-interest.

                    About A.L. Eastmond & Sons

A.L. Eastmond & Sons, Inc., Easco Boiler Corp. and Eastmond & Sons
Boiler Repair & Welding Service, Inc., filed Chapter 11 bankruptcy
petitions (Bankr. S.D.N.Y. Lead Case No. 15-13214) on Dec. 1, 2015.
The petitions were signed by Arlington Leon Eastmond, Jr., as
president.  Judge Sean H. Lane handles the cases.

The Debtors listed total assets of $34.59 million and total
liabilities of $40.79 million.  The Debtors have provided products
and services in over 15,000 locations throughout the tristate area
and beyond, including Yankee Stadium, the Trump Towers, Kings
County Supreme Court, New York Botanical Garden/Bronx Zoo, Queens
County Civil Court, North Shore University, Detroit School
District, the Garfield Park Field House in Chicago, Illinois, and
the National Geographic Building in Washington, D.C.

The Debtors have engaged Klestadt Winters Jureller Southard &
Stevens, LLP, as counsel in the Chapter 11 cases.


ABBY LEE MILLER: Pleads Guilty in Bankruptcy Fraud Case
-------------------------------------------------------
Rebecca Macatee, writing for E Online, reported that Dance Moms
star Abby Lee Miller pleaded guilty to the charge of concealing
bankruptcy assets.  Miller also pleaded guilty for one count of not
reporting an international monetary transaction, the report
related.

According to the report, Miller could have faced up to a $5 million
fine and five years imprisonment on the initial bankruptcy fraud
charges from her 2015 indictment, but per Deadline, her attorneys
have been working with the court to strike a plea deal.  Miller's
lawyers are now asking for a maximum of six months imprisonment;
she will be sentenced Oct. 11, the report related.

"Sentencing in this case will occur after the United States Court
of Appeals for the Third Circuit resolves United States v. Free, a
similar case addressing the issue of sentencing in a 'zero loss'
bankruptcy," said Miller's attorneys in a statement obtained by
Deadline, the report further related.  "Throughout this case, Miss
Miller has taken both the allegations and the proceedings very
seriously. This has been a challenging time for Miss Miller. She
appreciates the words of encouragement and support from around the
world."

The Troubled Company Reporter, on March 11, 2016, citing Joel R.
Spivack, Esq., at the Law Office of Joel R. Spivack, reported that
Miller, from the Lifetime network's reality show "Dance Moms,"
allegedly made false declarations when filing for Chapter 11
bankruptcy in 2010 and could be headed to prison if she is
convicted of bankruptcy fraud.  Federal authorities allege that Ms.
Miller specifically hid more than $750,000 that she earned from the
"Dance Moms" TV show.


ABENGOA BIOENERGY: Selling Property Interest to Rich for $200K
--------------------------------------------------------------
Abengoa Bioenergy US Holdings, LLC, and its affiliates ask the U.S.
Bankruptcy Court for the Eastern District of Missouri, Eastern
Division, to authorize its sale and transfer of its interest in the
real property commonly known as 998 Road P, Hugoton, Kansas.

The Property was developed in connection with the nearby Hugoton
Plant owned by Debtors' affiliate Abengoa Bioenergy Biomass of
Kansas, LLC ("ABBK"), which Plant and related property is the
subject of a sale process in ABBK's Chapter 11 case pending before
the U.S. Bankruptcy Court for the District of Kansas.  Since the
Petition Date, the Debtors have engaged local real estate agents to
market the property, and have engaged in discussions and
negotiations with multiple potential purchasers, ultimately
executing the contract described with Purchaser to sell the
Property.

After engaging in good-faith, arm's-length negotiations with the
Purchaser, the Selling Debtor submits that the Purchase Agreement
represents the highest or otherwise best offer for the Property and
that the Sale will result in the maximum benefit to the Debtors'
estates and creditors.

The Selling Debtor believes that the sale would generate value for
its estate by relieving the Debtor of an asset that neither it nor
its affiliates plan to use in the future, and that it is unlikely
that other purchasers for the Property could be found in the near
term on similarly favorable terms, given the current market
environment.

The principal terms of the Purchase Agreement are follows:

     a) Seller: Abengoa Bioenergy Engineering & Construction LLC

     b) Purchaser: Robert A. Rich

     c) Sale/Purchase Price: $200,000

     d) Earnest Money Deposit: $5,000

     e) Real Estate Commission: Purchaser will pay a real estate
commission of 6% of the contract price to Faulkner Real Estate and
all fees associated with the closing.

     f) Closing and Possession: Closing will be completed on or
before Aug. 1, 2016, and Selling Debtor will deliver possession of
the Property to Purchaser upon closing.

     g) Conditions to Closing: The obligations of Selling Debtor
and Purchaser to consummate the Sale will be subject, inter alia,
to Purchaser obtaining a mortgage loan in the principal amount of
$45,000.  If the final appraised value of the Property as
determined by Purchaser's appraiser is not equal to or greater than
the purchase price under the Purchase Agreement, Purchaser may send
a written notice informing Selling Debtor of Purchaser's request to
renegotiate the purchase price under the Purchase Agreement.
Within five business days after Selling Debtor's receipt of
Purchaser's written request, Purchaser and Selling Debtor may keep
the Purchase Agreement in effect by agreeing to a purchase price
that is agreeable to Purchaser and Selling Debtor and signing an
addendum to the Purchase Agreement containing the agreed upon
purchase price.

A copy of the proposed Purchase Agreement attached to the Motion is
available for free at:

     http://bankrupt.com/misc/Abengoa_426_Sale_M.pdf

Local Counsel to the Debtors:

          Richard W. Engel, Jr.
          Susan K. Ehlers
          Erin M. Edelman
          ARMSTRONG TEASDALE LLP
          7700 Forsyth Blvd., Suite 1800
          St. Louis, Missouri 63105
          Telephone: (314) 621-5070
          Facsimile: (314) 621-5065
          E-mail: rengel@armstrongteasdale.com
                  dgoing@armstrongteasdale.com
                  sehlers@armstrongteasdale.com

Counsel to the Debtors:

           Richard A. Chesley
           DLA PIPER LLP (US)
           203 North LaSalle Street, Suite 1900
           Chicago, Illinois 60601
           Telephone: (312) 368-4000
           Facsimile: (312) 236-7516
           E-mail: richard.chesley@dlapiper.com

                   - and –

           R. Craig Martin
           1201 North Market Street, Suite 2100
           Wilmington, Delaware 19801
           Telephone: (302) 468-5700
           Facsimile: (302) 394-2341
           E-mail: craig.martin@dlapiper.com

                     About Abengoa Bioenergy

Abengoa Bioenergy is a collection of indirect subsidiaries of
Abengoa S.A., a Spanish company founded in 1941.  The global
headquarters of Abengoa Bioenergy is in Chesterfield, Missouri.
With a total investment of $3.3 billion, the United States has
become Abengoa S.A.'s largest market in terms of sales volume,
particularly from developing solar, bioethanol, and water projects.


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

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

Gavilon Grain, LLC, et al., on Feb. 1, 2016, filed an involuntary
Chapter 7 petition for Abengoa Bioenergy of Nebraska, LLC ("ABNE")
and on Feb. 11, 2016, filed an involuntary Chapter 7 petition for
Abengoa Bioenergy Company, LLC ("ABC").  ABC's involuntary Chapter
7 case is Bankr. D. Kan. Case No. 16-20178.  ABNE's involuntary
case is Bankr. D. Neb. Case No. 16-80141.  An order for relief has
not been entered, and no interim Chapter 7 trustee has been
appointed in the Involuntary Cases.  The petitioning creditors are
represented by McGrath, North, Mullin & Kratz, P.C.

On Feb. 24, 2016, Abengoa Bioenergy US Holding, LLC and five
affiliated debtors each filed a Chapter 11 voluntary petition in
St. Louis, Missouri, disclosing total assets of $1.3 billion and
debt of $1.2 billion.  The cases are pending before the Honorable
Kathy A. Surratt-States and are jointly administered under Bankr.
E.D. Mo. Case No. 16-41161.

The Debtors have engaged DLA Piper LLP (US) as counsel, Armstrong
Teasdale LLP as co-counsel, Alvarez & Marsal North America, LLC as
financial advisor, Lazard as investment banker and Prime Clerk LLC
as claims and noticing agent.


ACTRONIX INC: Exclusive Plan Filing Period Extended to Aug. 31
--------------------------------------------------------------
The Hon. Ben Barry of the U.S. Bankruptcy Court for the Western
District of Arkansas has extended until Aug. 31, 2016, Actronix,
Inc.'s exclusive right to file a plan of reorganization.

As reported by the Troubled Company Reporter on June 3, 2016, the
Court temporarily extended the Debtor's right to file a plan and
obtain confirmation until resolution of the June 22, 2016 hearing
on Debtor's extension request.

At the June 22 hearing, Ronald A. Clifford, Esq., at Blakeley LLP,
the attorney for the Official Committee of Unsecured Creditors
announced that he was withdrawing his client's objection and would
instead agree that the exclusivity period be extended to Aug. 31.

The Committee's counsel can be reached at:

     Jill Jacoway, Esq.
     JACOWAY LAW FIRM, LTD.
     P.O. Drawer 3456
     Fayetteville, AR 72702
     Tel: (479) 521-2621

          -- and --

     Ronald A. Clifford, Esq.
     BLAKELEY, LLP
     18500 Von Karman Avenue, Suite 530
     Irvine, CA 92612
     Tel: (949) 260-0616
     Fax: (949) 260-0613
     E-mail: rclifford@blakeleyllp.com

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

Judge Ben T. Barry presides over the case.

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


ALABAMA STATE UNIVERSITY: Moody's Affirms Ba2 Lease Bonds Rating
----------------------------------------------------------------
Moody's Investors Service has affirmed the Ba1 ratings for Alabama
State University's (ASU) general tuition and fee revenue bonds and
Ba2 rating on the Series 2005 lease revenue bonds. The action
affects $218 million of rated debt outstanding. The outlook is
negative.

The affirmation of the Ba1 rating reflects the removal of ASU's
accreditation warning status and the material expense cuts in
fiscal years (FYs) 2015-16 leading to measured improvement in
operating performance. Affirmation at the Ba1 level incorporates
ASU's role as a public historically black college and university,
with stable and timely State of Alabama (Aa1 stable) appropriations
aiding improved cash flow. Ongoing challenges include ASU's
inability to generate sufficient cash flow to cover debt service,
narrow financial reserves, and high leverage.

The Ba2 rating on the Series 2005 lease revenue bonds, rated one
level below the university's highest rating, incorporates the
essentiality of the energy savings project and the risk associated
with the lease-backed security for the bonds issued by the Public
Educational Building Authority of Montgomery on behalf of Alabama
State University.

Rating Outlook

The negative outlook reflects the possibility of additional credit
deterioration should liquidity erode further or should the
university be unable to sustain improved operating performance.
Higher reliance on an operating line of credit to manage through
delayed state funding could create additional demands on
liquidity.

Factors that Could Lead to an Upgrade

Consecutive years of improved operating performance and debt
service coverage

Substantial and sustained liquidity improvement

Stability in enrollment and improved growth of net tuition
revenue

Demonstrated management and governance stability

Factors that Could Lead to a Downgrade

Inability to reduce annual operating deficits and cover debt
service from operations

Additional erosion of liquidity

Deterioration of state financial support

Significant increase in debt

Legal Security

The general tuition and fee revenue bonds are secured by the
university's tuition and housing revenue. FY 2015 pledged revenues
of $62.5 million covered maximum annual debt service (MADS) of
$15.7 million by 4.0 times. The outstanding general tuition and fee
revenue bonds include the: Series 1982 Bonds (not rated), and the
Series 2004, 2006, 2008, 2009, 2010, and 2012A&B Bonds (rated).

ASU may issue additional bonds on a parity basis under this pledge
as long as the future issue is for facilities improvements and
passes the additional bonds test. For the ABT, pledged revenue to
maximum annual debt service (MADS) must be no less than 1.2 times
and MADS may not exceed 12% of Total Current Funds Revenues.

Repayment of the Series 2005 lease revenue bonds is a general
unsecured obligation of the university under a lease agreement with
The Public Educational Building Authority of the City of
Montgomery. The Ba2 rating of the Series 2005 Lease Revenue bonds,
one level below the Ba1 rating for the general tuition and fee
revenue bonds, reflects the lease structure for the transaction.
The rating is anchored at Ba2 due to the project's essential nature
(energy project) to the university and the remote risk of
abatement.

Use of Proceeds. Not applicable.

Obligor Profile

Alabama State University is a four year public higher education
institution offering undergraduate, graduate and doctoral degrees.
ASU is one of 100 US historically black college and universities
(HBCU), which was established in 1867 and located in the state
capital of Montgomery. In FY 2015, the university recorded
operating revenues of $117 million, with 5,096 full-time equivalent
students.



ALLEN BROTHERS: Court Official Announces Plan to Form Committee
---------------------------------------------------------------
William Miller, U. S. bankruptcy administrator, filed with the U.S.
Bankruptcy Court for the Middle District of North Carolina a notice
of formation of an official committee of unsecured creditors in the
Chapter 11 case of Allen Brothers Timber Company, Inc.

Unsecured creditors willing to serve on the committee are required
to file a response within 10 days from June 29.  

An organizational meeting will be scheduled after the committee is
appointed, according to the filing.

Mr. Miller can be reached through:

     Susan O. Gattis
     Bankruptcy Analyst
     101 S. Edgeworth Street
     Greensboro, NC 27401
     Fax: 336-358-4185
     Email: susan_gattis@ncmba.uscourts.gov

                        About Allen Brothers

Allen Brothers Timber Company, Inc. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. M.D.N.C. Case No. 16-10656) on
June 28, 2016.  

The petition was signed by Richard Clayton Allen, president.  The
case is assigned to Judge Lena M. James.

At the time of the filing, the Debtor estimated its assets at
$100,000 to $500,000 and debts at $1 million to $10 million.


ALLIANCE ONE: Moody's Says Delayed 10K Filing is Credit Negative
----------------------------------------------------------------
Moody's Investors Service commented that Alliance One
International, Inc.'s (Caa2 positive) June 29, 2016 announcement
that it will not be able to file form 10-K for fiscal year ended
March 31, 2016 within the time period prescribed by the SEC is
credit negative but has no effect on the company's ratings.

Headquartered in Morrisville, North Carolina, Alliance One 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 December 31, 2015 was approximately $1.9
billion.


ALTOMARE 22: Case Summary & 5 Unsecured Creditors
-------------------------------------------------
Debtor: Altomare 22 Union, LLC
        2155 Route 22 West
        Union, NJ 07083

Case No.: 16-22628

Chapter 11 Petition Date: June 30, 2016

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

Judge: Hon. Vincent F. Papalia

Debtor's Counsel: Daniel Stolz, Esq.
                  WASSERMAN, JURISTA & STOLZ
                  110 Allen Road, Suite 304
                  Basking Ridge, NJ 07920
                  Tel: (973) 467-2700
                  E-mail: dstolz@wjslaw.com

Total Assets: $256,877

Total Liabilities: $6.24 million

The petition was signed by Anthony Altomare, managing member.

A list of the Debtor's 20 largest unsecured creditors -- listing 5
entries -- is available for free at
http://bankrupt.com/misc/njb16-22628.pdf


AMANS HOSPITALITY: Wants Plan Confirmation Hearing Set for July 12
------------------------------------------------------------------
Amans Hospitality, Inc., asks the U.S. Bankruptcy Court for the
Northern District of Ohio to extend the time to confirm a plan of
reorganization in a small business case, requesting that the
confirmation hearing be continued to July 12, 2016, at 3:00 p.m.

On May 27, 2016, the Debtor filed its Second Small Business Plan of
Liquidation and its Second Small Business Disclosure Statement
dated May 27, 2016.

The Debtor expects to close the sale of its property by July 8,
2016.  The Debtor contends that upon closing of the sale it will be
able to confirm its plan.

The Debtor made the request to allow the time needed to close the
pending sale that has already been approved by the Court.  The only
delay has been on the buyer side to get its final approvals worked
out with its lender.

The Debtor's counsel can be reached at:

     Joyce W. Lindauer, Esq.
     Joyce W. Lindauer Attorney, PLLC
     12720 Hillcrest Road, Suite 625
     Dallas, TX 75230
     Tel: (972) 503-4033
     Fax: (972) 503-4034
     E-mail: joyce@joycelindauer.com

Headquartered in Plano, Texas, Amans Hospitality, Inc., filed for
Chapter 11 bankruptcy protection (Bankr. E.D. Tex. Case No.
15-42056) on Nov. 16, 2015, estimating its assets and liabilities
at between $1 million and $10 million each.  The petition was
signed by Sewa S. Bhinder, president.

Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC,
serves as the Debtor's bankruptcy counsel.


AMERICAN MEDIA: Posts $18 Million Net Income for Fiscal 2016
------------------------------------------------------------
American Media, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing net income of
$18.0 million on $223 million of total operating revenues for the
fiscal year ended March 31, 2016, compared to a net loss of $25.9
million on $245 million of total operating revenues for the fiscal
year ended March 31, 2015.

As of March 31, 2016, American Media had $422 million in total
assets, $501 million in total liabilities, $3 million in redeemable
non-controlling interests and a $82.5 million total stockholders'
deficit.

"The Company is highly leveraged.  As of March 31, 2016, the
Company had approximately $393.9 million of outstanding
indebtedness, consisting of $378.7 million of senior secured notes
and $15.2 million under the revolving credit facility.  The Company
has been adversely impacted by weak economic conditions and has
experienced declines in circulation revenue and to a lesser extent
advertising revenues.  If these conditions persist, the Company's
financial condition and results of operations may continue to be
adversely affected.  Historically, the Company has been able to
offset declines in circulation revenues, in part, through cover
price increases, cost reductions and increases in digital
advertising revenue.  During fiscal 2017, the Company anticipates
continued declines in circulation revenues.  There can be no
assurance that the Company will be successful in continuing to
reduce costs and increase digital advertising revenue to offset the
expected circulation revenue declines."

"Over the next year, the cash interest payments due under the
Company's debt agreements are approximately $40.2 million and there
are no scheduled principal payments due.  As of March 31, 2016, the
Company has $1.4 million of cash and $15.4 million available for
borrowing pursuant to the revolving credit facility. The Company's
revolving credit facility matures in June 2017."

"The Company plans to refinance all or a portion of its
indebtedness on or before maturity.  The Company cannot assure that
it will be able to refinance any of its indebtedness on
commercially reasonable terms or at all."

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

                    https://is.gd/xdNk7P

                    About American Media

Based in New York, American Media, Inc., publishes celebrity
journalism and health and fitness magazines in the U.S.  These
include Star, Shape, Men's Fitness, Fit Pregnancy, Natural Health,
and The National Enquirer.  In addition to print properties, AMI
manages 14 different Web sites.  The company also owns
Distribution Services, Inc., an in-store magazine merchandising
company.

American Media, Inc., and 15 units, including American Media
Operations, Inc., filed for Chapter 11 protection in Manhattan
(Bankr. S.D.N.Y. Case No. 10-16140) on Nov. 17, 2010, with a
prepackaged plan.  The Debtors emerged from Chapter 11
reorganization in December 2010, handing ownership to former
bondholders.  The new owners include hedge funds Avenue Capital
Group and Angelo Gordon & Co.

                           *     *     *

As reported in the Jan. 9, 2015 edition of the TCR, American Media
carries a 'Caa1' corporate family rating from Moody's.  American
Media's Caa1 CFR reflects the company's elevated total debt to
EBITDA leverage that Moody's expect will rise to the 8-9x range
(Moody's adjusted) over the rating horizon from about 7x as of
Sept. 30, 2014 as a result of lower EBITDA performance that
stems from a reduction in circulation sales associated with the
bankruptcy filing of AMI's second largest publications wholesaler,
Source Interlink Distribution ("Source").  The rating also captures
AMI's weak liquidity profile and deteriorating EBITDA cushion under
the revolver's first-lien leverage covenant resulting from the
lower circulation revenue aggravated by the Source bankruptcy,
which required temporary covenant relief through an amendment to
the credit facility.

As reported by the TCR on March 29, 2016, Standard & Poor's Ratings
Services said that it lowered its corporate credit rating on Boca
Raton, Fla.-based American Media Inc. to 'SD' (selective default)
from 'CCC+'.  The downgrades follow American Media's announcement
that it has completed an exchange of $58.9 million of its existing
11.5% first-lien senior secured notes due 2017 for $78 million 7%
senior secured second-lien notes due 2020.  Concurrent with the
exchange, the company issued and distributed about $83.5 million of
additional second-lien notes to equity holders.


APOLLO MEDICAL: Amends Tracy Purchase Agreement for Clarity
-----------------------------------------------------------
ApolloMed Care Clinic, a Professional Corporation, a California
professional corporation, an affiliate of Apollo Medical Holdings,
Inc., and Warren Hosseinion, M.D., as nominee shareholder of ACC
for the benefit of Apollo Medical Management, Inc., entered into a
Stock Purchase Agreement with Robert Tracy, D.O., Inc., on March 1,
2016, pursuant to which ACC sold to Tracy, and Tracy purchased from
ACC, certain assets of ACC.  The purchase price was $60,000,
consisting of $10,000 paid by Tracy at closing and a non-interest
bearing promissory note dated March 1, 2016, in the principal
amount of $50,000, payable in equal installments over 10 months on
the first day of each month.  In the event of a default as
specified in the Note, ACC may, among its remedies, declare the
unpaid balance of the Note immediately due and owing. The original
terms of the Note provided that it was supposed to be secured by
the assets of the medical practice.

The Agreement also contained other provisions typical of a
transaction of this nature, including without limitation,
representation and warranties, post-closing covenants, the handling
of patient records, mutual indemnification by the parties,
governing law, arbitration of disputes and venue for arbitration.

Shortly after consummating the transaction, management of the
Company concluded that certain changes needed to be made to the
documentation of the transaction to more accurately reflect the
terms of the original transaction and correct certain clerical
errors that were made in the original documentation of the
transaction, including the caption of the Agreement, certain terms
contained therein, the caption of the Note and certain terms
contained therein.


Accordingly, ACC, Tracy and Warren Hosseinion, M.D., as nominee
shareholder of ACC for the benefit of AMM, entered into a First
Amendment to Stock Purchase Agreement and to Non-Interest Bearing
Secured Promissory Note dated as of March 1, 2016, clarifying,
among other things, that, notwithstanding certain language
contained in the Agreement, the parties always intended that the
transaction was meant to be the sale and purchase of the scheduled
Acquired Assets and the assumption of a certain scheduled
liability, and not the sale and purchase of the stock of ACC.  The
Amendment further confirmed that the Acquired Assets were sold to
Tracy "as is and where is" and that ACC made no representations or
warranties with respect thereto.  The Amendment further clarified
that no intellectual property was included among the Acquired
Assets and Tracy has no rights thereto, including, without
limitation, the right to use the word "Apollo" or any variation or
derivation of such word or such name, in connection with its
business or the use of the Acquired Assets.

Additionally, the Company assumed financial responsibility for the
remaining few months of a certain vendor agreement that was among
the Acquired Assets, since it was unclear if the consent of the
third party vendor to assign the agreement could be obtained.  In
exchange for this assumption of liability by the Company, the
Amendment increased the principal amount of the Note from $50,000
to $51,000, the $1,000 difference representing the approximate
value of the remaining payments under the service agreement.  The
Note was further amended to provide that the Note will be repaid in
nine monthly installments of $5,000 each and the final installment
will be in the amount of $6,000.  The Amendment also clarified that
the Note is unsecured, rather than secured by the assets of the
practice.  As of June 28, 2016, Tracy is current in its payments
under the Note, as amended.

The Amendment made other clerical and technical changes to the
Agreement.  All other terms of the Agreement, not expressly amended
pursuant to the Amendment, remain in full force and effect.

The Company recognized a loss on disposal in the amount of $476,745
related to this transaction, which consisted of the write off of
the remaining goodwill and intangible assets of ACC in the amounts
of $461,500 and $27,427, respectively, offset by gain on sale in
the amount of $12,182.

                       About Apollo Medical

Glendale, Calif.-based Apollo Medical Holdings, Inc., provides
hospitalist services in the Greater Los Angeles, California area.
Hospitalist medicine is organized around the admission and care of
patients in an inpatient facility such as a hospital or skilled
nursing facility and is focused on providing, managing and
coordinating the care of hospitalized patients.

Apollo Medical reported a net loss attributable to the Company of
$1.8 million on $32.9 million of net revenues for the year ended
March 31, 2015, compared to a net loss attributable to the Company
of $5 million on $10.5 million of net revenues for the year ended
Jan. 31, 2014.

For the nine months ended Dec. 31, 2015, the Company reported a net
loss attributable to the Company of $4.69 million on $32.23 million
of net revenues compared to a net loss attributable to the Company
of $1.99 million on $23.40 million of net revenues for the nine
months ended Dec. 31, 2014.

As of Dec. 31, 2015, the Company had $14.6 million in total
assets, $9.78 million in total liabilities, $7.07 million in
mezzanine equity and a total stockholders' deficit of $2.29
million.


APPLIED MINERALS: Closes $1.64 Million Capital Raise
----------------------------------------------------
Applied Minerals, Inc., has announced the closing of a $1.64
million capital raise to fund the continued commercialization of
its DRAGONITE and AMIRON products.

The Company sold a total of 10,933,333 common shares at a price of
$0.15 per share.  Attached to each share sold is three-tenths of a
5-year warrant to purchase the Company's common stock.  The
warrants can only be exercised for cash.  As a result of this
offering, the Company issued 10,933,333 shares of common stock, as
well as warrants to purchase 3,280,000 shares of common stock for
an exercise price of $0.25 per share.  No broker was used and no
commission was paid as part of the financing.

The financing was led by Fimatec LTD., one of Japan's leading
specialty minerals producers and distributors, serving the paints,
coatings, adhesives, plastics, composites, rubber, concrete
admixtures and related markets.  Applied Minerals and Fimatec have
recently entered into an agreement in which Fimatec agreed to
represent Applied Minerals as its exclusive sales distributor of
DRAGONITE halloysite clay products for the Japanese market.  Also
participating in the financing were three directors of the Company
and a number of current and new shareholders.

Management believes that this round of funding provides the Company
ample runway to bridge a number of high value near-term commercial
opportunities in its pipeline, particularly within the catalyst and
oil and gas markets.

According to Andre Zeitoun, president and CEO of Applied Minerals,
"This financing is a testament to the conviction that our Board of
Directors, as well as our long-term shareholders, have in the
Company's expanding business prospects.  In addition, we are
excited to have received our first ever investment from a strategic
business partner, Fimatec.  Since entering into our agreement,
several promising commercial projects have been introduced and are
currently in progress in Japan.  We look forward to the future of
our partnership and welcome them as a key stakeholder in our
organization."

                      About Applied Minerals

New York City-based Applied Minerals, Inc. (OTC BB: AMNL) is a
leading global producer of halloysite clay used in the development
of advanced polymer, catalytic, environmental remediation, and
controlled release applications.  The Company operates the Dragon
Mine located in Juab County, Utah, the only commercial source of
halloysite clay in the western hemisphere.  Halloysite is an
aluminosilicate clay that forms naturally occurring nanotubes.

Applied Minerals reported a net loss of $9.80 million on $507,474
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $10.31 million on $234,221 of revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, Applied Minerals had $7 million in total
assets, $23.09 million in total liabilities and a total
stockholders' deficit of $16.08 million.

EisnerAmper LLP, in New York, New York, 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 and used cash in operating activities.  In
addition, the Company's working capital at December 31, 2015 may
not be sufficient to fund its operations for the next twelve months
after giving consideration to management's plans and certain
transactions.  Further, the Company may not be able to raise
additional financing if needed.  Collectively, the auditors said,
these conditions raise substantial doubt about the Company's
ability to continue as a going concern.  The financial statements
do not include any adjustments that might result from the outcome
of this uncertainty.


ARR MEDICAL: Wants Exclusive Plan Filing Deadline Moved by 90 Days
------------------------------------------------------------------
Arr Medical Group, PSC, asks the U.S. Bankruptcy Court for the
District of Puerto Rico to extend by 90 days the exclusivity period
for the Debtor to file a disclosure statement and plan of
reorganization and the period for the Debtor to obtain the votes
for the plan by 60 days after the order approving the Disclosure
Statement is entered.

There are pending negotiations with the creditors that need to be
resolved prior to the filing of the Disclosure Statement and Plan.
The Debtor assures the Court that it is meeting its obligations as
Debtor in possession.  Monthly Operating Reports have been filed
and quarterly fees have been paid.  The Debtor tells the Court that
any extension of time will not harm the creditors but will increase
the possibilities of a successful reorganization.

The Debtor's counsel can be reached at:

     Mary Ann Gandia-Fabian, Esq.
     P.O. Box 270251
     San Juan, Puerto Rico 00928
     Tel: (787) 390-7111
     Fax: (787) 729-2203
     E-mail: gandialaw@gmail.com

Arr Medical Group, PSC, filed for Chapter 11 bankruptcy protection
(Bankr. D.P.R. Case No. 16-00400) on Jan. 22, 2016.  Mary Ann
Gandia Fabian, Esq., at Gandia-Fabian Law Office serves as the
Debtor's bankruptcy counsel.


ATLANTIC & PACIFIC: Wants Plan Filing Deadline Moved to Jan. 19
---------------------------------------------------------------
The Great Atlantic & Pacific Tea Company, Inc., et al., ask the
U.S. Bankruptcy Court for the Southern District of New York to
extend the exclusive filing period through and including Jan. 19,
2017, and the exclusive solicitation period through and including
March 20, 2017.

A hearing on the Debtor's request is scheduled for July 14, 2016,
at 10:00 a.m. (Eastern Time).  Objections to the request must be
filed by July 7, 2016, at 4:00 p.m. (Eastern Time).

The Debtors seek a further extension of the Exclusive Periods to
ensure that the Debtors have sufficient time to work with their
constituents to maximize the value of their remaining assets and
finalize a resolution of these Chapter 11 cases without
interference, distraction, or additional cost and delay.
Terminating the Exclusive Periods at this juncture would defeat the
very purpose of section 1121 of the Bankruptcy Code -- to afford
the Debtor a meaningful opportunity to propose a confirmable
Chapter 11 plan that maximizes value and is fair and equitable to
all of the Debtors' economic stakeholders.

In less than one year into these Chapter 11 cases, the Debtors have
(i) successfully executed a sales strategy with the full support of
their primary stakeholders that preserved more than 18,000 jobs for
employees and generated approximately $910 million in proceeds,
(ii) achieved a global settlement resolving significant disputes
among their primary stakeholders that will pave the way for an
efficient resolution of these Chapter 11 cases, (iii) paid down a
substantial portion of their secured debt, including all of their
debtor-in-possession financing and their prepetition revolver and
term loans, and (iv) resolved the majority of the issues with their
unions consensually.  These achievements alone warrant a further
extension of the Exclusive Periods.

The Debtors have been and remain focused on the resolution of these
Chapter 11 cases.  Since the last extension of exclusivity in March
2016, the Debtors focused their efforts on conducting good-faith,
arms-length negotiations with their pension funds and unions to
obtain their support for the Global Settlement, which was
originally only agreed to by the Debtors, the Official Committee of
Unsecured Creditors, the majority holders of the Senior Secured PIK
Toggle Notes due 2017 and the majority holders of the Senior
Secured Convertible Notes due 2018.

Those efforts proved successful as virtually every single one of
the Debtors' pension plans and unions became a party to the Global
Settlement that not only resolved significant disputes and
potential claims against the secured lenders but also resolved and
fixed the amount and priority of the asserted administrative
expense claims of the pension plans that were vigorously disputed
by the Debtors.  On June 6, 2016, the Court approved the Global
Settlement.

While the Global Settlement establishes certain unencumbered assets
that will be available for distribution to the Debtors' estates, it
does not fix the mechanism for distributions.  The Debtors are
working with their stakeholders to agree upon a mechanism for
distributions and related issues and require additional time to
resolve those issues and bring these chapter 11 cases to
conclusion.  In addition, over the next several months, the Debtors
plan to market and auction their 16 operating liquor stores -- the
primary remaining assets of their estates.

All of the requirements to warrant a further extension of the
Exclusive Periods are satisfied.  The Debtors have negotiated with
their creditors in good faith.  Those negotiations culminated in
the Global Settlement among the Debtors and major stakeholders.
Throughout these Chapter 11 cases, the Debtors have been
transparent and worked cooperatively with their various
constituencies to avoid disputes and contested matters whenever
possible.  Absent the relief requested herein, the Debtors could
face the prospect of a plan process involving multiple competing
plans.  The process would increase the administrative expenses
borne by the Debtors' estates and distract the Debtors from their
ongoing negotiations with creditors.  

The majority holders of the PIK Notes, the majority holders of the
Convertible Notes and the Creditors' Committee support a further
extension of exclusivity as requested.

The large and complex Chapter 11 cases of these 21 Debtors warrant
extending the Exclusive Periods.  As of the Commencement Date, the
Debtors operated 296 supermarkets and liquor stores under various
banners and maintained a labor force of approximately 28,500
employees, over 90 percent of whom were covered by one of 35
separate collective bargaining agreements.  The Debtors' stores
were supplied by thousands of vendors, and the Debtors were parties
to many hundreds of real property leases and executory contracts,
including equipment leases, supply agreements, and service and
logistics agreements.

The Debtor's counsel can be reached at:

     Ray C. Schrock, P.C.
     Garrett A. Fail, Esq.
     WEIL, GOTSHAL & MANGES LLP
     767 Fifth Avenue
     New York, New York 10153
     Tel: (212) 310-8000
     Fax: (212) 310-8007
     E-mail: ray.schrock@weil.com
             garrett.fail@weil.com

                    About Atlantic & Pacific

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

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

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

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

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

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


BAMC DEVELOPMENT: Case Summary & 6 Unsecured Creditors
------------------------------------------------------
Debtor: BAMC Development Holding LLC
        303 S. Melville Ave
        Tampa, FL 33606

Case No.: 16-05643

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: June 30, 2016

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

Judge: Hon. Catherine Peek McEwen

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: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Thomas Ortiz, managing member.

A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/flmb16-05463.pdf


BEAR METALLURGICAL: U.S. Trustee Forms 3-Member Committee
---------------------------------------------------------
The Office of the U.S. Trustee on June 30 appointed three creditors
of Bear Metallurgical Co. and Gulf Chemical & Metallurgical Corp.
to serve on the official committee of unsecured creditors.

The committee members are:

     (1) United Metallurgical Inc.
         Attn: Steven Beach
         15561 Humphrey Road
         Middleburgh Hts., OH 44130
         Tel: (216) 272-3937; Fax: (216) 676-8649
         Email: svbeach@aol.com

     (2) GDF Suez Energy Resources NA, Inc.
         Attn: Randy Johnson
         1990 Post Oak Blvd. Suite 1900
         Houston, TX 77056
         Tel: (713) 636-1607; Fax: (713) 636-1601
         Email: randy.johnson@na.engie.com

     (3) Formosa Plastics Corp.
         Attn: Marcia Ashby
         9 Peach Tree Hill Road
         Livingston, NJ 07039
         Tel: (973) 422-7755; Fax: (973) 716-7450
         Email: mashby@fpcusa.com

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

                  About Bear Metallurgical

Bear Metallurgical Co. and Gulf Chemical & Metallurgical Corp.
filed chapter 11 petitions (Bankr. W. D. Pa. Lead Case No.
16-22192) on June 14, 2016.

The petitions were signed by Eric Caridroit, chief executive
officer.  The cases are assigned to Judge Jeffery A. Deller.

At the time of the filing, Bear Metallurgical estimated assets and
debts to be between $1 million and $10 million.  Gulf Chemical
estimated assets and debts to be between $100 million and $500
million.


BFN OPERATIONS: U.S. Trustee Forms 5-Member Committee
-----------------------------------------------------
The Office of the U.S. Trustee on June 29 appointed five creditors
of BFN Operations LLC to serve on the official committee of
unsecured creditors.

The committee members are:

     (1) Art Phelps
         Corporate Credit Manager
         BWI Companies, Inc.
         P.O. Box 990
         Nash, Texas 75569-0990
         Phone: 903-838-8561
         Fax: 903-831-4799
         Email: artphelps@bwicompanies.com

     (2) James Lee
         Vice President, Legal Affairs
         Choptank Transport, Inc.
         P.O. Box 99
         Preston, MD 21655
         Phone: 440-673-1240
         Fax: 440-673-2724
         Email: James.Lee@choptanktransport.com

     (3) Richard T. Hyslip
         President
         Griffin Greenhouse Supplies Inc.
         P.O. Box 36
         1619 Main Street
         Tewksbury, MA 01876
         Phone: 800-888-0054
         Fax: 978-851-0012

     (4) Kenneth Hebert
         Vice President/Chief Financial Officer
         Nursery Supplies, Inc.
         1415 Orchard Drive
         Chambersburg, PA 17201
         Phone: 717-263-7780
         Fax: 717-263-2412
         Email: khebert@nurserysupplies.com

     (5) Bill Schoppman
         Credit Manager
         Harrell’s, LLC
         P.O. Box 807
         Lakeland, FL 33802-0807
         Phone: 800-780-2774
         Fax: 863-583-0695
         Email: bschoppman@harrells.com

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

                    About BFN Operations

BFN Operations LLC and four of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Tex. Lead Case No. 16-32435) on June 17, 2016, estimating
assets and liabilities in the range of $100 million to $500
million.

Operating under the name Zelenka Farms, the Debtors are wholesale
growers and distributors of container-grown shrubs, trees,
perennials, roses, and groundcovers.  Zelenka was founded in 1993
under the name The Berry Family of Nurseries.  Zelenka employs
approximately 1,600 people to operate its six facilities totaling
3,577 acres across the key growing regions in the United States.
Zelenka owns farms in Oregon and the Vaughn Lane farm in Tennessee,
and leases farms in Oklahoma, Michigan, North Carolina, and the
Short Mountain farm in Tennessee.  With approximately $130 million
in annual sales, Zelenka claims to represent approximately six
percent of the $2.2 billion wholesale nursery products industry and
is one of only five competitors exceeding $100 million in sales.

The Debtors have engaged Gardere Wynne Sewell LLP as counsel, CDG
Group, LLC as chief restructuring officer provider, Imperial
Capital, LLC as investment banker and Upshot Services LLC as
noticing, claims and balloting agent.

Judge Barbara J. Houser is assigned to the cases.


BH GRP: Seeks Approval to Continue Property Sales
-------------------------------------------------
BH GRP, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Louisiana to authorize to continue to close on sales of
properties currently under contract and to continue to sell
properties in the ordinary course of business.

As of the Petition Date, the Debtor was a party to one pending
contract to close on the sale of 3809 Constance Street
("Prepetition Sales Contract").  Proceeds of the sale of the
Property under the prepetition sales contract will afford the
Debtor needed liquidity during the Chapter 11 case.  Because the
Debtor anticipates that the chapter 11 case has or may have created
some apprehension for current and prospective customers, the
Debtor's ability to honor its prepetition sales contract is
critical to its profitability and prospects for successful
reorganization.

Moreover, to continue to close on the sale of Properties, the
Debtor must be able to transfer title to buyers free and clear of
all liens and interests in such property, all without the necessity
of seeking and obtaining a court order for each individual sale.

As is customary in the real estate industry, in the ordinary course
of these Property sales, independent contractor sales agents
representing either the buyers or the Debtor in the transaction
earn commissions when a property sale is consummated. The Debtor
seeks the authority to pay these Commissions at the Debtor's
discretion, in the ordinary course of the Debtor's property sales
with respect to prepetition sales contracts and applicable future
sales contracts.

As part of their real estate rehabilitation business and
operations, the Debtor relies on, and routinely contracts with, a
number of third parties, including contractors, subcontractors, and
suppliers, who may be able to assert liens against the Debtor's
property to secure payment for certain prepetition goods and
services or other claims ("Mechanics' Lien Claims").

To protect the rights of mechanics' lien claimants, the Debtor
proposes to establish procedures for the resolution and payment of
mechanics' lien claims secured by valid and enforceable mechanics'
Liens.  The proposed lien procedures will facilitate the Debtor's
ability to continue to conduct its business (which is necessary to
preserve value in the Chapter 11 case) while protecting the
interests of all affected parties.  A copy of the proposed lien
procedures attached to the Motion is available for free at:

       http://bankrupt.com/misc/BH_GRP_38_Sale_M.pdf

BH GRP, LLC, is represented by:

          Derek Terrell Russ, Esq.
          Bankruptcy Center of Louisiana
          938 Lafayette Street, Suite 405
          New Orleans, LA 70113
          Telephone: (504) 522-1717
          Facsimile: (504) 522-1715
          E-mail: derekruss@russlawfirm.net

                           About BH GRP

BH GRP, LLC, is a real estate rehabilitation company.  BHG, whose
origins date back to March 18, 2014, has no employees; however, it
utilizes subcontractors to rehabilitate houses to be placed back
into the stream of commerce for sale.

BH GRP filed for Chapter 11 bankruptcy protection (Bankr. E.D. La.
Case No. 16-10575) on March 17, 2016.  The petition was signed by
Janice Bouldin, managing member.  

As of the Petition Date, BHG, reported approximately $1,400,835 in
total assets and approximately $1,516,507 in total liabilities.  As
of the Petition Date, there is approximately $1,327,217 in
outstanding property-level debt.  For 2015, BHG reported no
revenue.


BIND THERAPEUTICS: Files Motion for Approval of Stalking Horse APA
------------------------------------------------------------------
BIND Therapeutics, Inc., a biotechnology company developing
targeted and programmable therapeutics called ACCURINS (R), on July
1 disclosed it has filed a motion for court approval of a stalking
horse asset purchase agreement bid from Pfizer Inc. for the
purchase of the majority of BIND's assets.

The agreement is the initial stalking horse bid under Section 363
of the U.S. Bankruptcy Code, to be followed by an orderly auction
process as established by the U.S. Bankruptcy Court.  Under terms
of the agreement, Pfizer has agreed to acquire substantially all of
BIND's assets for approximately $20 million in cash subject to
certain price adjustments.  Pfizer has also agreed to assume
certain contractual liabilities of BIND.

BIND has requested the U.S. Bankruptcy Court to authorize the
Company to proceed with an auction on July 25, 2016 for the
majority of its assets, provided the Company receives qualified
overbids no later than July 22, 2016 at 4:00 p.m. EDT.  The Company
intends to select the highest and best offer at the conclusion of
the auction.  If Pfizer is selected as the successful bidder at the
auction, or if no qualified competing bids are submitted, and
subject to court and other regulatory approvals, the Company
expects to complete the transaction in the third quarter of 2016.

BIND Therapeutics initiated voluntary Chapter 11 bankruptcy
protection on May 1, 2016 and is conducting a sale of assets
pursuant to Section 363 of the Bankruptcy Code.  The agreement
between BIND and Pfizer is intended to constitute a "stalking horse
bid" in accordance with the bidding procedures approved by the
bankruptcy court; however, certain break-up fees and expense
reimbursements intended to serve as bid protection for Pfizer are
subject to court approval.

                      About BIND Therapeutics

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

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

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

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

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


BON-TON STORES: Reaffirms Fiscal 2016 Guidance
----------------------------------------------
The Bon-Ton Stores, Inc., provided an update on quarter-to-date
business performance.  Through June 25, 2016, comparable sales
performance for the second quarter of fiscal 2016 was in line with
the Company's forecast.

Based on this quarter-to-date performance, the Company reaffirms
its guidance for fiscal 2016.  It continues to expect Adjusted
EBITDA in a range of $130 million to $140 million.  Loss per
diluted share is expected in a range of $0.95 to $1.45. (As used in
this release, Adjusted EBITDA is not a measure recognized under
GAAP - see the accompanying financial table which reconciles this
non-GAAP measure to net loss.)

Assumptions reflected in the Company's full-year guidance include
the following:

  * A comparable sales performance ranging from flat to a decrease
    of 1%;  
   
  * A gross margin rate ranging from a 30- to 50-basis-point
    increase over the fiscal 2015 rate of 34.7%;
    
  * An SG&A expense rate ranging from a 40- to 60-basis-point
    decrease from the fiscal 2015 rate of 33.3%;
  
  * Capital expenditures not to exceed $40 million, net of
    external contributions; and
    
  * An estimated 20 million weighted average shares outstanding.

As of June 25, 2016, the Company had approximately $246.4 million
of borrowing capacity under its revolving credit facility, and
expects to decrease debt by approximately $40 million to $50
million for fiscal 2016.

Kathryn Bufano, president and chief executive officer, commented,
"In light of recent developments, including the announcement
regarding our sale-leaseback agreement, and the ongoing
uncertainties in the marketplace, we believe it is prudent to
provide an update on our quarter-to-date business trends.  Overall,
our sales trends are in line with our plan, and we continue to
believe that we are on track to meet our expectations for fiscal
2016.  In addition, we continue to focus on maintaining adequate
and sustainable liquidity levels for the business.  As part of our
ongoing refinancing efforts, we are working to diligently explore
all appropriate options to pay down our senior notes due in 2017,
and remain confident that we will be in a position to pay down this
debt prior to maturity in July of 2017.  We look forward to
providing you with further details and additional information when
we report our second quarter results in August."

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

                           *     *     *

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.

As reported by the TCR on June 29, 2016, S&P Global Ratings lowered
its corporate credit rating on the York, Pa.-based The Bon-Ton
Stores Inc. to 'CCC' from 'CCC+'.  The outlook is negative.  "The
downgrade reflects our revision of the company's liquidity to weak,
increasing refinancing risk for an upcoming debt maturity in
mid-2017, and that a default is likely within 12 months absent an
meaningful turnaround in operating results," said credit analyst
Mathew Christy.  "Our view considers the June 20, 2016,
announcement that a previously agreed upon sales-leaseback of three
company-owned stores was terminated, which we believe suggests
sustained industry weakness and operating performance for Bon-Ton."


BOWERS INVESTMENT: 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 Bowers Investment Company, LLC.

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


C COMPANY GENERAL: Sale of Business Equipment by Church Approved
----------------------------------------------------------------
Judge Shon Hastings of the U.S. Bankruptcy Court for the District
of North Dakota authorized C Company General Contractors, LLC, to
sell its business equipment by private sale to be conducted by Seth
Church.

The sales that will be free and clear of all liens and encumbrances
include the following:

     a. UCC's filed with the ND Secretary of State in favor of
People's United Finance Corp. of Charlotte, NC against C Company
General Contractors, LLC on Dec. 3, 2012, File No. 12-000788311-9,
on Jan. 17, 2014 File No. 14-000882829-8, on Feb. 26, 2014, File
No. 14-000891481-7.

     b. UCC's filed with the ND Secretary of State in favor of
Commercial Credit Group against C Company General Contractors, LLC
on July 17, 2013, File No. 13-000843958-0, Nov. 5, 2013, File No.
13-000867502-0, on Jan. 10, 2014, File No. 14-000880626-9, Jan. 10,
2014, File No. 14-000880628-1, on Dec. 26, 2014, File No.
14-000953435-3.

     c. Internal Revenue Service federal tax lien filed on Nov. 16,
2015, File No.15-001021411-3, on Nov. 18, 2015, File No.
15-001021864-0.

Valid and perfected liens shall attach to sale proceeds.

Mr. Church will maintain a log of each item sold, to whom the item
was sold (including address and phone number), price received. He
shall also obtain and maintain receipts for all sales.

Upon completion of the sales, but not less than every two weeks,
and upon conversion or dismissal of the case, the Debtor will file
a report of sale.

The Debtor is also authorized to distribute the sale proceeds as
follows:

     a. To People's United Equipment Finance any sum up to the
balance due it under the settlement agreement.  Excess proceeds, if
any, will be deposited into a segregated account subject to the
liens avoided.

     b. The Debtor will report any disbursement of funds at or
before disbursement, to the secured creditors and United States
Trustee and maintain a log of all disbursements, and upon
completion of sales, will include in the report of sale all
disbursements of those funds and funds remaining on hand.

A copy of the list of tools and equipment to be sold attached to
the Sale Motion is available for free at:

    http://bankrupt.com/misc/C_Company_160_Sale_M.pdf

                 About C Co. General Contractors

C Company General Contractors, LLC, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. N.D. Case No. 15-30554), in
Fargo, North Dakota, on Dec. 23, 2015.  The Debtor is represented
by Kip M. Kaler, Esq., at KalerDoeling, PLLP.  The case is assigned
to Judge Shon Hastings.  The Debtor estimated assets of $0 to
$50,000 and debt of $1 million to $10 million.

The Debtor presently does not operate and is incapable of
operating.  It says at this point it is unlikely that liquidation
of the Debtor under any scenario will result in a distribution to
unsecured creditors.


C&J ENERGY: Reaches Agreement in Principle with Secured Lenders
---------------------------------------------------------------
C&J Energy Services Ltd. on June 30, 2016, announced an agreement
in principle with its secured lenders on the key aspects of a
proposed restructuring transaction, subject to the negotiation of
specific terms and definitive documentation.  The agreement in
principle contemplates a complete deleveraging transaction pursuant
to which approximately $1.4 billion of the Company's outstanding
debt will be converted to new common equity.  Additionally, the
agreement in principle also contemplates an infusion of new equity
capital through a backstopped equity rights offering.  The lenders
have also agreed in principle to provide debtor-in-possession
financing to bridge the Company through the proposed restructuring
transaction.  The Company will continue to negotiate with its
lenders to finalize the definitive documentation, including entry
into a Restructuring Support Agreement.

The Company and its lending group have also entered into an
extension of the forbearance with respect to the previously
announced covenant breach, as well as with respect to the payment
of interest and certain fees under the Company's credit facilities.
As previously reported in connection with the release of its first
quarter 2016 results, the Company obtained a temporary limited
waiver agreement from its lending group with respect to its breach
of the quarterly minimum cumulative consolidated Bank EBITDA
covenant.  Pursuant to the forbearance extension, the lenders have
agreed to forbear from exercising default remedies or accelerating
any indebtedness through July 17, 2016 as a result of the existing
breach during the extended forbearance period.  This extension of
the forbearance provides the Company with additional flexibility to
continue discussions with its creditors and other stakeholders.

President, Chief Executive Officer and Chief Operating Officer Don
Gawick commented, "We are pleased to have reached an agreement in
principle with our secured lenders to restructure the Company's
balance sheet, which will provide solid financial footing for the
Company's future operational success as the commodity pricing
environment begins to recover.  We appreciate the continued support
of our lenders as negotiations continue around the final
outstanding terms.  We fully believe the extension of the
forbearance agreement will give us and our Board adequate time to
finalize a deal that will completely de-lever our balance sheet.  A
strong balance sheet along with ample liquidity for future growth
and investment will provide C&J with a defining strategic advantage
over our peers, which we will leverage to aggressively pursue
market-share gains in each of our core service lines."

                     About C&J Energy Services

C&J Energy Services -- http://www.cjenergy.com-- is a provider of
well construction, well completions, well support and other
complementary oilfield services to oil and gas exploration and
production companies.  As one of the largest completion and
production services companies in North America, C&J offers a full,
vertically integrated suite of services involved in the entire life
cycle of the well, including directional drilling, cementing,
hydraulic fracturing, cased-hole wireline, coiled tubing, rig
services, fluids management services and other special well site
services.  C&J operates in most of the major oil and natural gas
producing regions of the continental United States and Western
Canada.

             *     *     *

The Troubled Company Reporter, on April 19, 2016, reported that
Standard & Poor's Ratings Services lowered its corporate credit
rating on Houston-based oilfield services provider C&J Energy
Services Ltd. to 'CCC-' from 'B-'.  The outlook is negative.

At the same time, S&P lowered its ratings on the company's revolver
and term loans to 'CCC-' (the same as the corporate credit rating)
from 'B'.  The recovery rating on the company's revolver and term
loans is '3', indicating S&P's expectation of meaningful (50% to
70%, high end of the range) recovery in the event of a payment
default.

"The downgrade on reflects our view of the company's unsustainable
credit metrics and our belief that the company could restructure
its debt or miss an interest payment over the next six months,"
said Standard & Poor's credit analyst Stephen Scovotti.


CARRICK TRACKING: Trustee's Sale of Loader for $12.8K Approved
--------------------------------------------------------------
Judge Daniel S. Opperman of the U.S. Bankruptcy Court for the
Eastern District of Michigan, Northern Division, authorized Carrick
Trucking, Inc.'s Liquidating Trustee, Kelly M. Hagan, to sell the
estate's 1999 Komatsu WA250 Front End Loader, S/N A70375, for
$12,800.   No objections were filed to the Trustee's motion.  Brian
and Mark Carrick will have no claim to the sale proceeds.

                      About Carrick Trucking

Carrick Trucking, Inc. sought Chapter 11 protection (Bankr. E. D.
Mi. Case No. 13-20904) on April 1, 2013 in Bay City.  The case is
assigned to Judge Daniel S. Opperman.  The Debtor is represented by

Rozanne M. Giunta, Esq.  The Debtor estimated $0 to $50,000 in
assets and $1,000,001 to $10,000,000 in debt.  

Kelly M. Hagan was appointed the duly qualified and acting
Liquidating Trustee.  Upon the entry of the Order of Confirmation,

all assets of the Debtor and all claims arising under Chapter 5 of

the Bankruptcy Code were assigned to the Trustee for the benefit of

the Carrick Trucking Liquidating Trust.


CFG INVESTMENT: Chapter 15 Case Summary
---------------------------------------
Chapter 15 Petitioner: Francisco Javier Paniagua Jara

Chapter 15 Debtors:

      CFG Investment S.A.C.,                             16-11891
      Calle Francisco Grana 155
      La Victoria
      Lima, Peru
   
      Corporacion Pesquera Inca S.A.C.                   16-11892

      Sustainable Fishing Resources S.A.C.               16-11894
  
Chapter 15 Petition Date: June 30, 2016

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

Judge: Hon. James L. Garrity Jr.

Chapter 15 Petitioner's Counsel: Edward J. LoBello, Esq.
                                 Howard B. Kleinberg, Esq.
                                 Jil Mazer-Marino, Esq.
                                 MEYER, SUOZZI, ENGLISH & KLEIN,
P.C.
                                 990 Stewart Avenue, Suite 300
                                 PO Box 9194
                                 Garden City, NY 11530
                                 Tel: 516-741-6565
                                 Fax: 516-741-6706
                                 E-mail: elobello@msek.com
                                         hkleinbergmsek.com
                                         jmazermarino@msek.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


CHINA FISHERY: Case Summary & 53 Largest Unsecured Creditors
------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

   Debtor                                                 Case No.
   ------                                                 --------
   China Fishery Group Limited (Cayman)                   16-11895
   Rooms 3201-3210, Hong Kong Plaza
   188 Connaught Road West
   Hong Kong

   Pacific Andes International Holdings Limited (Bermuda) 16-11890

   N.S. Hong Investment (BVI) Limited                     16-11899
   South Pacific Shipping Agency Limited (BVI)            16-11924
   China Fisheries International Limited (Samoa)          16-11896
   CFGL (Singapore) Private Limited                   16-11915
   Chanery Investment Inc. (BVI)                   16-11921
   Champion Maritime Limited (BVI)                    16-11922
   Growing Management Limited (BVI)                   16-11919
   Target Shipping Limited (HK)                     16-11920
   Fortress Agents Limited (BVI)                   16-11916
   Ocean Expert International Limited (BVI)            16-11917
   Protein Trading Limited (Samoa)                    16-11923
   CFG Peru Investments Pte. Limited (Singapore)          16-11914
   Smart Group Limited (Cayman)                           16-11910
   Super Investment Limited (Cayman)                      16-11903

Nature of Business: Commercial Fishing

Chapter 11 Petition Date: June 30, 2016

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

Judge: Hon. James L. Garrity Jr.

Debtors' Counsel: Howard B. Kleinberg, Esq.
                  Edward J. LoBello, Esq.
                  Jil Mazer-Marino, Esq.
                  MEYER, SUOZZI, ENGLISH & KLEIN, P.C.
                  990 Stewart Avenue, Suite 300
                  Garden City, NY 11530
                  Tel: (516) 741-6565 Ext. 5718
                  Fax: (516) 741-6706
                  E-mail: hkleinberg@MSEK.com
                          elobello@msek.com
                          jmazermarino@msek.com

Debtors'          
Financial         
Consultant:       RSR CONSULTING, LLC AND
                  GOLDIN ASSOCIATES, LLC

Estimated Assets: $500 million to $1 billion

Estimated Liabilities: $10 million to $50 million

The petition was signed by Ng Puay Yee, chief executive officer.

List of Debtors' 53 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Rabobank Intl, HK                                      $96,503,494
32/F, 3 Pacific Place
1 Queens Road East
Hong Kong

DBS Bank (HK) Ltd                                      $96,503,494
16th Fl, The Center
99 Queens Road
Central Hong Kong

HSBC                                                   $96,503,494
L16, HSBC Main Bldng
1 Queen's Road
Central, Hong Kong

Standard Chartered Bnk (HK) Ltd                        $96,503,494
15/F, Stndrd Charter Bnk Bldng
4-4A Des Voeux Road
Central Hong Kong

China CITIC Bnk Intl Ltd                               $32,167,831
80th Fl, Intl Commerce Cntr
1 Austin West
Kowloon Hong Kong

TMF Trustee Ltd                                       $296,000,000
Corporate Trust
5th Fl, 6 St. Andrew St
London, EC4A 3AE
United Kingdom

Rabobank NFS Finance                                  $102,000,000
32/F, 3 Pacific Place
1 Queens Road East
Hong Kong

Maybank                                                $95,000,000
18/F CITIC Tower
1 Tim Mei Avenue
Central Hong Kong

Rabobank                                               $94,375,235
Pickenpack Facility Agmnt
32/F, Three Pacific Place
1 Queens Road East
Hong Kong

Tapei Fubon Com Bk Co Ltd                              $72,000,000
12F 169, Sec 4, Ren Ai Rd
Taipei, 106886
Taiwan

CITIC                                                  $70,900,000
61-65 Des Voeux Road
Central Hong Kong

DBS                                                    $58,000,000
16th Floor, The Center
99 Queens Road
Central Hong Kong

Maybank                                                $40,000,000
18/F CITIC Tower
1 Tim Mei Avenue
Central Hong Kong

Bank of America, N.A.                                  $30,000,000
52/F. Cheung Kong Center
2 Queen's Road Central
Central Hong Kong

Bank of America                                        $30,000,000
52/F, Cheung Kong Center
2 Queens Rd Central
Central Hong Kong

Rabobank                                               $22,000,000
32/F, 3 Pacific Place
1 Queens Road East
Hong Kong

Brndbrg Mrt Invst Hldng                                $15,558,581
L8, Medine Mews
La Chaussee
Port Louis, Mauritius

Andes Int'l Qingdao Ship                               $13,651,769
N67 Yin Chuan Xi Rd, BID
Qingdao Amintn Ind Pk 4F1
Qingdao City 266000
Shandong Province, China

Rabobank                                               $12,000,000
32/F, 3 Pacific Place
1 Queens Road East
Hong Kong

Fubon                                                  $11,000,000
Fubon Bank
38 Des Voeux Road
Central Hong Kong

Standard Charter Bank                                   $8,000,000
Standard Charter Bank Building
5/F 4-4A Des Voeux Rd
Central Hong Kong

DLA PIPER HONG KONG                                     $1,789,232
17th Flr, Edinburgh Twr
The Landmark
15 Queen's Road Central
Hong Kong

Grant Thornton Recovery                                   $907,427
Level 12, 28 Hennessy Rd
Wanchai Hong Kong

Brndbrg Nam Invt Co                                       $783,559
Erf 2347 10th St E
Industrial Area
PO Box 658 Walvisbay
Republic of Namibia

Deloitte Touche Tohmatsu                                  $682,261
35/F One Pacific Place
88 Queensway
Hong Kong

Baraka Seari Ltd                                          $657,200
Rm 1401-2
Easey Comercial Bldng
253-261 Hennessy Rd
Wanchai, Hong Kong

Meridian Invst Group Pte                                  $442,001
138 Cecil Street
#12-01 A Cecil Court
Singapore 069538
Singapore

Taishin                                                  $400,000
No. 118, Sec 4, Ren-ai Rd
Da-an District
Taipei City 106
Taiwan

Deloitte & Touche Fin Adv                                $384,615
32/F Once Pacific Place
88 Queensway
Hong Kong

RSM Corp Advisory HK Ltd                                 $384,615
29th Lee Garden Two
28 Yun Ping Road
Causeway Bay
Hong Kong

Guangtai Trading Ltd                                     $345,552
Trust Company Complex
Ajeltake Rd, Majuro
Rep of the Marshall Is
MH96960

Sang II Trading Co Ltd.                                  $342,854
Rm 504, 125 Wonyang-Ro
Seo-Gu, Busan 602-030
South Korea

Atl Pacific Fishing Ltd                                  $341,149
Erf 2347 10th Street East
Industrial Area
PO Box 658 Walvisbay
Republic of Namibia

PricewaterhouseCoopersLtd                                $256,410
22/F Prince's Building
Central Hong Kong

Deloitte Touche Tohmatsu                                 $251,282
35/F One Pacific Place
88 Queensway Hong Kong

Qingdao Jncai Plgic Fish                                 $231,150
No. 1 Chang An Rd
4th F1, Shibei District
Qingdao City 266000
Shandong Prov China

Rngchng Lngyn Ship Agcy                                  $209,624
Xixiakou County
ChengShan Town
RongCheng City
Shandong, China

Baker & McKenzie                                         $200,275
14/F, Hutchison House
10 Harcourt Road

Central Hong Kong

Andes Intl Qingdao Shp 4F                                $173,231
N67 Yin Chuan Xi Rd Bk D
Qingdao Amination Ind Pk
ShinanDstQingdaoCty 266000
Shandong Province, China

Andes Intl Qingdao Shp 4F                                $173,231
N67 Yin Chuan Xi Rd Bk D
Qingdao Amination Ind Pk
ShinanDstQingdaoCty 266000
Shandong Province, China

Sifang Dist Haiynbo Ship                                 $158,265
Accessories Supply Center
No.7 Wen Zhou Rd
Qingdao Shandong, China

QINGDAO SHNGBNGKN TRD                                    $148,924
Trde Cntr Chengyang Vil
Chengyang Street
Chengyang District
Qingdao Shandong China

Andes Int'l Shpng Agcy                                   $118,175
N67 Yin Chuan Xi Rd, BID
Qingdao Amntn Ind Pk 4F1
Qingdao City 266000
Shandong Province, China

Qingdao Drfng Gng Co Ltd                                 $116,914
No.31 Yongping Rd
Qingdao, China

Rngchng Hetai Shngm Co                                   $115,366
Rongcheng Bay Street Office
Xuangzhen Village
Shandong, China

Mourant Ozannes Sery Ltd                                 $110,947
13/F Entertainment Bldng
30 Queen's Road
Central Hong Kong

City N Dst, Shanghai Elec                                $101,884
Huatong Elec Dstr Dept
No.232
Weihai Road, Qingdao
Shandong, China

Alatir Ltd.                                          $104,286,159
No 80 Raffles Pl, #26-02
UOB Plaza One
Singapore 048625

Epiq Systems Limited                                      $95,668
1102-1104 Central Plaza

18 Harbour Road
Wanchai Hong Kong

Shell Marine Prod Sing                                     $83,454
Metropolis Tower 1
9N Buona Vsta Dr, 07-01
Singapore 138588

Shangong Haoyuntong                                        $81,545
Nets Technology Co., Ltd
No.318 Muyun Rd
Shidao, Rongcheng
Shandong, China

Sang Il Trading Co Ltd                                     $77,827
Rm 504, 125, Wonyang-Ro
Seo-Gu, Busan 602-030
South Korea

Perun Ltd.                                            Unliquidated
No 80 Raffles P1, #26-01
UOB Plaza One
Singapore 048624


CHINA FISHERY: Files for Ch. 11 Bankruptcy Due to El Nino
---------------------------------------------------------
China Fishery Group Limited, the Singapore-listed unit of Hong
Kong's Pacific Andes International Holdings Ltd., filed a voluntary
petition under Chapter 11 of the Bankruptcy Code in the U.S.
Bankruptcy Court for the Southern District of New York on June 30,
2016.

China Fishery, which sought bankruptcy protection with 15
affiliates, seeks to implement a restructuring of their businesses
and utilize the automatic stay to prevent creditors from forcing a
fire sale, which would preclude structurally subordinated creditors
and shareholders from realizing value.

The Debtors intend to operate their businesses in the ordinary
course during these Chapter 11 cases.  

According to documents filed with the Court, "[T]he value of the CF
Group is in jeopardy as a result of the aggressive and improper
acts by certain lenders and natural events (El Nino) that together
have triggered a liquidity crisis.  A small group of lenders have
grown impatient with (or are outright hostile to) a sale process
that the Debtors commenced pre-petition and are threatening to
enforce their rights against their respective Debtor obligors."

Ng Puay Yee, managing director of Pacific Andes, said that while
the Pacific Andes Group's initial goal was to maintain their
businesses while finding sufficient cash to pay off their
obligations, by September of 2015 it had become evident that they
might need to take drastic steps to preserve as much of the Pacific
Anded Group as possible.  Accordingly, it was contemplated that
some or all of the CF Group would be sold.  At that time, an
estimated market value of $1.6 to $1.7 billion had been placed on
the CF Group by Deloitte & Touche Financial Advisory Services, Hong
Kong.  Had a sale been consummated in this range, the Initial
Proposed Divestment would have allowed all creditors of Pacific
Andes to be paid in full.

                        Appointment of JPLs

On Nov. 25, 2015, all negotiations were derailed by the ex parte
commencement by The Hongkong and Shanghai Banking Corporation
Limited of an action in the Hong Kong Court seeking the winding up
of China Fishery Group Limited and China Fisheries International
Limited and the appointment of joint provisional liquidators.

Three joint provisional liquidators were appointed on an ex parte
basis over CFGL and CFIL, two of the Debtors.  On Jan. 5, 2016,
their appointment was quashed by the very court that appointed them
due to a failure by the petitioning party to have presented any
credible evidence supporting the appointment of the JPLs.
Moreover, the Court found that the evidence that HSBC had submitted
was stale and did not merit the appointment in any way.

"The appointment of the JPLs severely impacted negotiations with
potential buyers and investors.  The uncertainty caused by the
appointment of the JPLs, and the suspension of operations,
unsettled buyers and investors.  Moreover, a forced deadline of
July 15, 2016, by which a sale must be completed has led many
potential buyers to take a "wait and see" attitude in hopes that
there might be a fire sale," Mr. Yee maintained.

               Restructuring Process for CFG Peru

In light of the immense and long standing financial difficulties
and ongoing threats that were faced by or made against CFG Peru and
the CF Group, especially with respect to its Peruvian business, the
CF Group concluded that it was necessary to protect the Peruvian
business of the CF Group.

On June 30, 2016, ordinary insolvency proceedings were commenced in
respect of each of CFG Investment, Copeinca and Sustainable Fishing
Resources by way of an involuntary petition since the Peruvian
Filing Entities were unable to satisfy the technical requirements
of being able to submit audited financial statements for the fiscal
year period ending April 30, 2016.  Shortly after the commencement
of the Peruvian Restructuring Proceedings, given the integral
nature of the Peruvian Filing Entities to the Peruvian Andes Group
and the CF Group, each of the Peruvian Filing Entities filed a
petition under Chapter 15 of the Bankruptcy Code seeking
recognition of the Peruvian Restructuring Proceedings by the
Bankruptcy Court.

                       About China Fishery
  
China Fishery Group Limited (Cayman), et al., along with certain
non-debtor affiliated entities, are part of a business group known
as the Pacific Andes Group, which is the 12th largest seafood
company in the world and one of the world's foremost vertically
integrated seafood companies.  The Pacific Andes Group provides
seafood products to leading global wholesalers, processors and food
service companies and has operations across the seafood value
chain.

As part of its business, the Pacific Andes Group engages in
harvesting, sourcing, ocean logistics and transportation, food
safety testing, processing, marketing and distribution of frozen
fish products, as well as fishmeal and fish oil.  The Pacific Andes
Group's businesses span the globe with major operations in the
People's Republic of China, the United States and Peru, including
processing businesses in China, Germany, France, the United States
and Peru.

The Debtors are comprised primarily of investment holding companies
and non-operating companies that previously were in the business of
trading frozen seafood products or providing freight services.  The
Debtors also include: Protein Trading, a fishmeal trading company;
SPSA, which provides shipping agency services; CFGLPL, a property
investment company; and CFIL.

CFG Investment S.A.C. Corporacion Pesquera Inca S.A.C. and
Sustainable Fishing Resources, S.A.C. are affiliates of the
Debtors, part of the CF Group, the subject of insolvency
proceedings in Peru and the subject of Chapter 15 filings before
the Bankruptcy Court.  Pacific Andes Resources Development Limited
is also contemplated to be the subject of insolvency proceedings in
Singapore and a Chapter 15 proceedings before the Bankruptcy
Court.

As of March 28, 2015, the Pacific Andes Group, on a consolidated
and unaudited basis, held approximately $4,669 million in assets
and $2,515 million in liabilities.  As of the Petition Date, the
Debtors have approximately $4.27 million of cash on hand, including
$1,687,007 on account of Meyer, Zuozzi, English, & Klein, P.C. in
New York (in the form of a retainer for the rateable account of all
Debtors), $1,720,000 on account with Goldin Associates, LLC in New
York and $650,000 on account with RSR Consulting, LLC.

The CF Group employs more than 2,800 people, of which 2,400
employees are based in Peru.

The Debtors are represented by Howard B. Kleinberg; Edward J.
LoBello and Thomas R. Slome of Meyer, Suozzi, English & Klein as
counsel.  RSR Consulting LLC and Goldin Associates, LLC are the
Debtors' financial consultant.

The Debtors have requested joint administration of their Chapter 11
cases under Case No. 16-11895.


CHRISTOPHER NUSSBAUMER: Sells Five Points Property to Hu for $882K
------------------------------------------------------------------
Christopher J. Nussbaumer asks the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania to approve the sale of his real
property located at 881 S. Five Points Road, West Chester, PA, to
Tracy Hu for $882,000 without contingencies.

The Debtor and his non-debtor spouse entered into a Loan Agreement
with TD Bank, N.A. ("Bank") on or about June 29, 2007, to which the
Bank extended to them a commercial loan in the original principal
amount of $1,200,000.  Although all monthly payments were made
under the terms of the loan, when the balloon payment came due, the
Debtor was unable to refinance or otherwise pay the outstanding
balance.

On Oct. 28, 2015, the Court entered an order approving the Debtor's
sale of the Five Points Road Property, free and clear of all liens,
to Blanca Investment Properties, LP, for $1,275,000, the payment of
all ordinary closing costs, the payment of $7,000.00/month to the
Bank beginning Nov. 1, 2015 and the payment of all net proceeds to
the Bank.  The sale was terminated by Blanca Investments on March
28, 2016, because neither the Buyer nor the Bank would compromise
regarding their respective terms, and the Debtor was unable to
salvage the agreement.

The Debtor believes that although the purchase price is
significantly lower than the Blanca Properties agreement, the Hu
offer significantly reduces the time to closing due to its lack of
contingencies.

Further, it is believed and therefore averred that the upset price
set by the Bank prior to the Sheriff's Sale stayed by the filing of
this matter would have been $735,000.  The current offer will net
the Bank approximately $100,000 more than the Bank's own upset
price.

Nevertheless, the Bank has now rejected Hu's offer as well as the
other three sale agreements proposed by the Debtor since May 2014.

Even assuming the Bank's alleged amount due of $1,664,965 to be
accurate, the Debtor proposes to provide approximately $800,000 by
way of the Hu Agreement of Sale, on or before Aug. 1, 2016.  The
remaining deficiency of roughly $800,000 can be satisfied by way of
financing real estate located at 914-924 South Concord Road,
Westtown Township, Chester County, Pennsylvania, owned by JWD
Associates within 120 days thereafter.

Christopher J. Nussbaumer is represented by:

          John A. Gagliardi, Esq.
          101 East Evans Street
          Walnut Building Suite A
          West Chester, PA 19380
          Telephone: (484) 887-0779 x 101
          Facsimile: (484) 887-8763
          E-mail: jgagliardi@wgflaw.com

Christopher J. Nussbaumer sought Chapter 11 protection (Bankr. E.D.
Pa. Case No. 15-15926) on Aug. 19, 2015.


COMSTOCK MINING: Announces Selected Business Update
---------------------------------------------------
Comstock Mining Inc. announced selected business updates for the
fiscal quarter ended June 30, 2016.

Second Quarter 2016 Selected Operational and Financial Highlights

* Extended continuing revenue from leaching into the fourth
   quarter of 2016.

* Cost reduction activities for all non-mining costs, based on
   actions already taken to date, exceed the targeted annual
   savings of $5.5 million, when comparing the full year 2016, to
   2015.

* Annualized savings of these same non-mining costs will exceed
   $8 million per annum.

* Restructured and reduced equipment financing obligations by
   approximately $2.5 million.

  * Restructuring activities and repayments reduced overall debt
    and other obligations by over $4 million, including the payoff

    of the $5 million Revolving Credit Facility.

  * Progressed activities for selling non-mining lands, consistent

    with the Company's target of eliminating all debt obligations
    over the next twelve months and funding growth.

  * Cash and cash equivalents at June 30, 2016, were approximately

    $750,000.

Production

The Company completed substantially all of the surface mining of
the Lucerne West-side and the extraction and remediation of the
historic dump materials relating to the re-alignment of State Route
342 during the second half of 2015.  The Company continues
processing the mineralized material stacked on our leach pad,
including the addition of over 13,000 tons of mineralized material
during May 2016.  This additional material, when combined with
recent metallurgical yield estimates of approximately 87.5%,
increases its estimated recoverable gold ounces remaining on the
pad such that the Company now expects that the leaching process and
resulting gold and silver pours will continue well into the 2016
fourth quarter, as compared to previous estimates of the leaching
process ending in August 2016.

Operating Costs and Cost Reductions

During the first six months of 2016, the Company focused on
reducing non-mining costs, originally targeting $3 million in cost
reductions for this year as compared to 2015.  The Company has
aggressively implemented organizational changes consistent with the
Company's transition from mining the Lucerne surface mine to
growing its resource portfolio and related exploration and
development activities toward production ready mining projects.
Accordingly, general and administrative costs and other non-mining
costs, including mine claims and land costs, other real estate
operating costs and environmental costs have already declined
significantly, resulting in higher and faster savings that are now
expected to exceed our annual target of a $5.5 million in cost
reduction during 2016, as compared to 2015.  On an annualized
basis, the reduction for these costs is anticipated to exceed $8
million.  The Company incurred approximately $0.3 million in
severance costs during the first six months of 2016, associated
with organizational cost reductions in all areas.

Debt and Equipment Financing Reductions

On April 1, 2016, the Company fully repaid the outstanding
revolving credit facility and other debt obligations with payments
of $1.5 million.
   
On June 27, 2016, the Company completed a positive restructuring of
certain equipment obligations and consummated an agreement with
Caterpillar Financial Services Corporation relating to certain
finance and lease agreements.  The Company entered into the CAT
Agreement to permit the Company to complete the orderly sale of
certain leased equipment against a modified payment schedule under
the related lease arrangements.  Under the terms of the CAT
Agreement the Company will pay down its lease obligations with the
net proceeds from the leased equipment sold during the second half
of 2016, with any remaining balance to be paid off primarily from a
monthly payment schedule of $25,000 per month until the leases have
been paid in full.  The outstanding lease obligations in the
agreement are approximately $3.67 million and the Company has
already sold equipment during June 2016, for net proceeds of
approximately $725,000, reducing the obligation to below $3
million.  The Company anticipates further reducing these
obligations by approximately $1.3 million during July 2016.

On Feb. 1, 2016, the Company entered into an amended agreement with
Varilease Finance Inc. in which 2,250,000 shares of common stock
were issued in satisfaction of certain lease payment obligations.
On June 30, 2016, in accordance with an amended agreement with
Varilease Finance Inc., an additional 4,367,896 shares of common
stock were issued to satisfy the lease payment obligations for the
remaining six months of 2016, targeting an additional liability
reduction of approximately $1.7 million.

"We have dramatically exceeded our annualized savings objectives,
reduced fixed operating and administrative costs across the entire
system, paid off, restructured and/or reduced our debt and
equipment obligations, while simplifying our capital structure and
eliminating other material land and royalty obligations.  We are
repositioning our balance sheet and selling the non-mining asset to
fund the next generation of gold and silver resource development
and growth, all with an extremely low overhead and operating cost
structure," stated Corrado De Gasperis, president and CEO of
Comstock Mining Inc.

Corporate and Outlook

The Company previously announced plans on selling non-mining
related lands, resulting in expected net proceeds of over $6
million, higher than previously expected.  These proceeds will be
used to pay down or eliminate remaining debt obligations and
further strengthen the financial position of the Company. When
combined with the debt reductions already completed, the Company
expects that these non-mining sales will more than completely pay
off debt and other obligations and fund growth.

The Company has also entered into an equity facility agreement with
International Asset Advisory, LLC, a long established financing
partner, to provide up to $5 million in equity financing, from time
to time, on terms deemed favorable to the Company, only if needed.
This facility is only intended to enable more efficient access to
equity capital markets while the Company is finalizing its positive
debt reduction and asset sale activities.

Mr. De Gasperis concluded, "We have amassed, rezoned and permitted
one of the largest land positions in the economically booming
Northern Nevada Reno-Tahoe industrial quadrant in the historic,
world-class Comstock Mining District.  We are making steady
progress on opportunistically monetizing certain non-mining assets
that strengthen our balance sheet and support funding our growth
objectives.  We have prioritized and rapidly transformed our cost
structure while positively restructuring our liabilities to ensure
a stronger and stable financial position and support growth,"
stated Corrado De Gasperis, president and CEO of Comstock Mining
Inc.

                      About Comstock Mining

Virginia City, Nev.-based Comstock Mining Inc. is a Nevada-based,
gold and silver mining company with extensive, contiguous property
in the historic Comstock district.  The Company began acquiring
properties in the Comstock District in 2003.  Since then, the
Company has consolidated a substantial portion of the Comstock
district, secured permits, built an infrastructure and brought the
exploration project into test mining production.  The Company
continues acquiring additional properties in the Comstock
district, expanding its footprint and creating opportunities for
exploration and mining.  The goal of the Company's strategic plan
is to deliver stockholder value by validating qualified resources
(measured and indicated) and reserves (probable and proven) of
3,250,000 gold equivalent ounces by 2013, and commencing
commercial mining and processing operations by 2011, with annual
production rates of 20,000 gold equivalent ounces.

Comstock Mining reported a net loss available to common
shareholders of $15.9 million on $18.5 million of total revenues
for the year ended Dec. 31, 2015, compared to a net loss available
to common shareholders of $13.3 million on $25.6 million of total
revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, Comstock Mining had $42.63 million in total
assets, $22.8 million in total liabilities and $19.9 million in
total stockholders' equity.


CONNTECH PRODUCTS: Selling Machinery and Equipment for $1.36M
-------------------------------------------------------------
Conntech Products Corp. asks the U.S. Bankruptcy Court for the
District of Connecticut to approve the sale of its machinery and
equipment, other than in the ordinary course of business free and
clear of liens, encumbrances and interests pursuant to 11 U.S.C.
Sec. 363(b).

The Debtor requests that a Court hearing be held at the U.S.
Bankruptcy Court, 157 Church Street, 18th Floor, New Haven,
Connecticut.  Any potential bidder must submit a written offer to
Counsel for the Debtor by 5 p.m., three days prior to the Court
hearing.

The Debtor has undertaken its own efforts to locate a buyer for its
business as a going on concern, but it has not been able to locate
a single buyer for the entire business.  The Debtor, however,
received offers from five separate entities to purchase the assets.
Their offers are based upon the going on concern value of the
assets in the aggregate amount of $1,362,700.  

Each separate offer is for specific pieces of machinery and
equipment.  The offer is subject to these conditions precedent:

   a) Normal and customary documentation;

   b) All terms and conditions set forth in Offer; and

   c) Approval by the Bankruptcy Court of the sale free and clear
of liens.

The Debtor submits that the Assets has been extensively marketed
and believes that a sale of the Assets this time would maximize its
value for the benefit of all parties-in-interest.

Conntech Products Corp. is represented by:

          Neil Crane, Esq.
          LAW OFFICES OF NEIL CRANE, LLC
          2679 Whitney Avenue
          Hamden, CT 06518
          Telephone: (203) 230-2233

                     About Conntech Products

ConnTech Products Corporation filed a voluntary Chapter 11 petition
(Bankr. D. Conn. Case No. 15-30397) on March 19, 2015.  The case
judge is the Hon. Julie A. Manning.

Neil Crane, Esq., at the Law Offices of Neil Crane, LLC, serves as
counsel to the Debtor.  The Debtor estimated assets of $1 million
to $10 million and debt of $500,000 to $1 million.

                          *     *     *

On March 21, 2016, the Debtor filed a Disclosure Statement.  In the
Disclosure Statement the Debtor has offered three alternatives.
Either the Debtor will obtain financing and continue operating; or
the Debtor will sell its business as a going concern; or the Debtor
will partially sell its business.  In the Disclosure Statement the
Debtor proposed paying a dividend of 30% to unsecured creditors
over the course of five years.  

The Debtor hired a business broker, Capital Recovery Group, LLC to
sell the Debtor's business as a going concern.


CONTINENTAL EXPLORATION: Trustee Selling Oklahoma Properties
------------------------------------------------------------
Jason R. Searcy, Chapter 11 Trustee for Continental Exploration,
LLC, asks the U.S. Bankruptcy Court for the Eastern District of
Texas, Sherman Division, for approval to sell lots located in
various counties of Oklahoma to Geomar Resources, Inc., for
$105,750.

The Trustee requests that no hearing will be conducted on the
Motion/objection application unless a written objection is filed
with the bankruptcy clerk.

Attorneys for the Chapter 11 Trustee:

          Jason R. Searcy
          Joshua P. Searcy
          Callan Clark Searcy
          SEARCY & SEARCY, P.C.
          P.O. Box 3929
          Longview, TX 75606
          Telephone: (903) 757-3399
          Facsimile: (903) 757-9559
          E-mail: jsearcy@jrsearcylaw.com
                  joshsearcy@jrsearcylaw.com
                  ccsearcy@jrsearcylaw.com

                  About Continental Exploration

Continental Exploration, LLC sought Chapter 11 protection (Bankr.
E.D. Tex. Case No. 15-41607) on Sept. 2, 2015.  The Debtor
estimated assets and liabilities in the range of $0 to $50,000.
Eric A. Liepins, Esq., at Eric A. Liepins P.C., serves as the
Debtor's counsel.


COSHOCTON HOSPITAL: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Coshocton County Memorial Hospital Association
           aka CCMH
           aka Coshocton Hospital   
           aka Coschocton County Memorial Hospital
        1460 Orange Street
        Coshocton, OH 43812

Case No.: 16-51552

Nature of Business: Health Care

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       Northern District of Ohio (Akron)

Judge: Hon. Alan M. Koschik

Debtor's Counsel: Maria Carr, Esq.
                  Michael J. Kaczka, Esq.
                  Sean D. Malloy, Esq.
                  MCDONALD HOPKINS LLC
                  600 Superior Avenue East Suite 2100
                  Cleveland, OH 44114
                  Tel: 216-348-5400
                  Fax: 216-348-5474
                  E-mail: mcarr@mcdonaldhopkins.com
                          mkaczka@mcdonaldhopkins.com
                          smalloy@mcdonaldhopkins.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Lorri Wildi, chief executive officer.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Genesis Healthcare                    Services         $8,170,471
2800 Maple Avenue                     Provided
Zanesville, OH 43701
Wendy S. Cedoz
740-455-4975
wcedoz@genesishcs.org

Aramark Corporation                   Services           $844,814
10510 Twin Lakes Parkway              Provided
Charlotte, NC 28269
Michael J. Cleary
215-238-3434
cleary-mike@aramark.com

Premier Anesthesia                     Services          $668,942
2655 Northwinds Parkway                Provided
Alpharetta, GA 30009
Norb Hummel
770-643-5579
hummel@premieranesthesia.com

The Claro Group, LLC                   Services          $495,732
321 N. Clark Street                    Provided
Suite 1200
Chicago, IL 60654
Lee Kuhn
312-508-4443
ikuhn@theclarogroup.com

Sodexo, Inc. & Affiliates              Services          $332,535
4880 Payshere Circle                   Provided
Chicago, IL 60674
Charlie Baumer
269-329-4215
charlie.baumer@sodexo.com

Healthcare Financial Systems           Services          $242,363
4000 Hollywood Blvd.                   Provided
Suite 600N
Hollywood, FL 33021
Melanie Damian
305-371-3960
mdamian@dvllp.com

Bricker & Eclker LLP                   Services          $227,986
100 South Third Street                 Provided
Columbus, OH 53215
Michael K. Gire
614-227-2318
mgire@bricker.com

Seneca Medical Inc.                   Trade Debt         $222,809
85 Shaffer Park Drive
Tiffin, OH 44883
David Myers
419-447-0222

Cardinal Health                       Trade Debt         $202,224
71 Mil Acres Drive
Wheeling, WV 26003
Ann Stuver
614-757-9081
ann.stuver@cardinalhealth.com

Sentry Data Systems Inc.               Services          $191,147
800 Faiway Dr. #400                    Provided
Deerfield Beach, FL 33441
Megan W. Caroll
800-411-4566
mcarroll@sentryds.com

Emcare, Inc.                           Services          $164,507
michael.ryker@emcare.com               Provided

Shiftwise, Inc.                        Services           $160,169
kmitechell@shiftwise.net               Provided

Dell Marketing LP                      Services           $140,912
carrick_carpenter@dell.com             Provided

Medtronic USA                         Trade Debt          $127,061
gary.I.ellis@medronic.com

GE Healthcare                          Services           $104,250
                                       Provided

Coshocton County Treasurer            Real Estate          $98,338
janettedonaker@coshoctoncounty.net      Taxes


Dixon Hughes Goodman LLP               Services            $93,159
Jim.yanci@dhgllp.com                   Provided

Executive Health Resources Inc.        Services            $92,382
ar@ehrdocs.com                         Provided

Medical Information Technology, Inc.   Services            $88,943
bmanzolillo@meditech.com               Provided

Boston Scientific Corp                Trade Debt           $69,721
brian.carpenter@bsci.com


COSHOCTON HOSPITAL: Files for Bankruptcy, Seeks Sale to Prime
-------------------------------------------------------------
Coshocton County Memorial Hospital Association filed a voluntary
petition under Chapter 11 of the Bankruptcy Code on June 30, 2016,
citing significant challenges faced by its non-profit hospital in
Coshocton, Ohio, over the past several years which have affected
both its top line revenue and its profitability.

"Although financial results in 2016 have been positive, the
Hospital has not generated enough cash to remain current with its
vendors, providers self-insured healthcare claims, and secured
debt.," the Debtor said in the filing.  As a result, the Debtor
decided to consummate a going concern sale of the Hospital to Prime
Healthcare Foundation, Inc. and Prime Healthcare
Foundation-Coshocton, LLC or to any interested and qualified party
making a higher and better offer.

According to Lorri Wildi, chief executive officer of the Debtor,
independent rural hospitals throughout the United States have been
under tremendous pressure in recent years, leading to a national
closure rate of approximately one rural hospital per month.  These
challenges include, among other things, healthcare reform, reduced
Medicare reimbursement rates, increased competition, aggressive
reimbursement policies by private insurers, and increased in
patient bad debt.

In an effort to reduce cost, the Debtor implemented a comprehensive
turnaround plan in 2014 and decided to close its Obstetrics Unit as
a result of an aging population, declining volumes and an overall
loss of market share.  Recruitment has also been a critical
component to the turnaround plan, and in 2015 the Company
implemented an aggressive physician recruitment strategy, assuming
recruitment independent of Genesis Healthcare System, which had
previously managed this activity through a management agreement
that has since been terminated.  Unfortunately, these efforts have
not been sufficient to fully resolve the hospital's financial
difficulties.

Recognizing both the Hospital's financial situation and the
challenge of remaining an independent community hospital in today's
environment, the Hospital's Board of Trustees authorized the
engagement of SOLIC Capital Advisors, LLC and SOLIC Capital, LLC to
start a process of seeking financing sufficient for the Hospital to
both restructure its balance sheet and conduct a market search for
a strategic transaction to combine with a larger healthcare system
while maintaining a quality full service hospital in Coshocton.

                        Sale to Prime

In Spring 2016, the Debtor received an offer to purchase
substantially all of its assets from Prime, as stalking horse
bidder.  The Debtor and the Stalking Horse Bidder entered into an
Asset Sale Agreement pursuant to which Prime will acquire
substantially all assets of the Debtor (other than cash and certain
causes of action) for $10 million plus certain cure costs and
certain employee obligations, subject to the Court's approval.  The
Stalking Horse Bid also allows the Debtor to continue its
commitment to the local Coshocton community as a non-profit
hospital that can serve the residents' healthcare needs.

Pursuant to the terms of the Offer, Prime will provide up to $10
million in debtor-in-possession financing facility based on a cash
flow budget.  The balance on the DIP Loan will be credited against
the purchase price.

Prime will operate the hospital as a full service, acute care
facility in Coshocton with an emergency department and all other
material clinical services as agreed to by the Debtor and Prime,
invest $25 million in capital improvements over the next five
years, and invest $1.0 million in support of physician recruitment
activities over the next two years.

The Offer includes the hiring of substantially all current
employees and providers at their current prevailing wage rates.

The Debtor has filed a motion seeking approval of bidding
procedures, a break-up fee in an amount equal to $350,000 and
expense reimbursement in an amount not to exceed $150,000 for the
Stalking Horse Bidder's reasonable and documented out-of-pocket
expenses incurred in connection with the asset sale agreement,
consulting services, and the arrangement of financing.

An auction of all qualified bidders will be conducted by the Debtor
on Sept. 22, 2016, at 10:00 a.m., at the Cleveland law offices of
McDonald Hopkins LLC, 600 Superior Ave., E., Suite 2100, Cleveland,
Ohio 44114, subject to the Court's approval.

A hearing will be conducted to consider approval of the highest or
best offer received at the Auction on a date convenient to the
Court, which the Debtor proposes to be Sept. 27, 2016.

                        First Day Motions

To enable the Debtor to operate in Chapter 11 with a minimum of
disruption, the Debtor has filed a number of first day pleadings,
seeking permission to, among other things, use cash collateral, pay
employee obligations, use existing cash management system, pay
taxes and fees, prohibit utility providers from discontinuing
services, and pay patient and insurance refunds.  A full-text copy
of the declaration in support of the First Day Motions is available
for free at:

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

                     About Coshocton Hospital

Coshocton County Memorial Hospital Association operates a general
acute care not-for-profit hospital in Coshocton, Ohio.  The
hospital has been designated as a Sole Community Hospital and is
licensed for 56 beds.  In addition to the main hospital facility,
the Debtor has a number of primary care and specialty physician
clinics.  The Debtor has annual net revenue of more than $50
million and employs more than 400 individuals.  The hospital is
located in eastern central Ohio between Columbus and Pittsburgh and
is the only hospital within 25 miles.  It has been serving the
healthcare needs of the community for more than 100 years.

In its petition, the Company estimates assets and liabilities in
the range of $10 million to $50 million.  The Debtor does not
currently have a secured revolving credit line to support its
business operations.  Rather, it has secured obligations that arose
from bond issuances in 1997 and 1999, and it has certain secured
obligations that arose in connection with the acquisition of
specific real property or equipment.

The Debtor has approximately $8 million in trade debt.

In addition, the Debtor has certain obligations to providers on its
self-insured healthcare plan for employees.

McDonald Hopkins LLC serves as the Debtor's counsel.

The case (Bankr. N.D. Ohio Case No. 16-51552) is pending before
Judge Alan M. Koschik.


CTI BIOPHARMA: Est. Financial Standing at $53.7M as of May 31
-------------------------------------------------------------
CTI BioPharma Corp. or CTI Parent Company's total estimated and
unaudited net financial standing as of May 31, 2016, was $53.7
million.  The total estimated and unaudited net financial standing
of CTI Consolidated Group as of May 31, 2016, was $55.1 million.

CTI Parent Company trade payables outstanding for greater than 30
days were approximately $11.4 million as of May 31, 2016.  CTI
Consolidated Group trade payables outstanding for greater than 30
days were approximately $12.6 million as of May 31, 2016.
During May 2016, there were solicitations for payment only within
the ordinary course of business and there were no injunctions or
suspensions of supply relationships that affected the course of
normal business.

As of May 31, 2016, there were no amounts overdue of a financial or
tax nature, or amounts overdue to social security institutions or
overdue to employees.

During the month of May 2016, the Company's common stock, no par
value, outstanding decreased by 117,831 shares.  As a result, the
number of issued and outstanding shares of Common Stock as of
May 31, 2016 was 282,812,236.

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

                     https://is.gd/E59qcf

                     About CTI BioPharma

CTI BioPharma Corp. (NASDAQ and MTA: CTIC) --
http://www.ctibiopharma.com/-- formerly known as Cell
Therapeutics, Inc., is a biopharmaceutical company focused on
the acquisition, development and commercialization of novel
targeted therapies covering a spectrum of blood-related cancers
that offer a unique benefit to patients and healthcare providers.
The Company has a commercial presence in Europe and a late-stage
development pipeline, including pacritinib, CTI's lead product
candidate that is currently being studied in a Phase 3 program for
the treatment of patients with myelofibrosis.  CTI BioPharma is
headquartered in Seattle, Washington, with offices in London and
Milan under the name CTI Life Sciences Limited.

CTI Biopharma reported a net loss attributable to common
shareholders of $122.62 million on $16.11 million of total revenues
for the year ended Dec. 31, 2015, compared to a net loss
attributable to common shareholders of $95.99 million on $60.07
million of total revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, CTI Biopharma had $123 million in total
assets, $68.7 million in total liabilities and $54.7 million in
total shareholders' equity.

The Company's independent registered public accounting firm
included an explanatory paragraph in its reports on its
consolidated financial statements for each of the years ended
Dec. 31, 2007, through Dec. 31, 2011, and for the year ended
Dec. 31, 2014, regarding their substantial doubt as to the
Company's ability to continue as a going concern.  The Company said
that although its independent registered public accounting firm
removed this going concern explanatory paragraph in its report on
our Dec. 31, 2015, consolidated financial statements, the Company
expects to continue to need to raise additional financing to fund
its operations and satisfy obligations as they become due.
According to the Company, the inclusion of a going concern
explanatory paragraph in future years may negatively impact the
trading price of its common stock and make it more difficult, time
consuming or expensive to obtain necessary financing, and the
Company cannot guarantee that it will not receive such an
explanatory paragraph in the future.


DAWSON INTERNATIONAL: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 cases of Dawson International Investments (Kinross) Inc.
and its affiliates.

                     About Dawson International

Dawson International is a leading cashmere business. It comprises
two trading divisions, based in the UK and the USA.  The UK
division comprises the Barrie Knitwear business, based in Hawick
Scotland.  It manufactures highest quality cashmere garments at its
factory in the Scottish borders and sells to some of the world's
most prestigious couture houses, department stores and private
label retail outlets.

Based in Natick, Massachusetts, Ilion Properties, Inc., Dawson
International Investments (Kinross) Inc., Dawson International
Properties, Inc., DCC USA Inc., and Dawson Luxury Garments LLC
filed separate Chapter 11 bankruptcy petitions (Bankr. S.D.N.Y.
Case Nos. 16-11550 to 16-11554) on May 27, 2016.  The Hon. James L.
Garrity Jr. presides over the cases.

Patrick L. Hayden, Esq., and Nathan S. Greenberg, Esq., at
McGUIREWOODS LLP, serve as counsel to the Debtors.

The Debtors estimate these assets and liabilities in their
petition:

                                          Estimated    Estimated
                                           Assets     Liabilities
                                         -----------  -----------
Ilion Properties, Inc.                   $1MM-$10MM   $1MM-$10MM
Dawson International Investments         $1MM-$10MM   $1MM-$10MM
Dawson International Properties, Inc.    $1MM-$10MM   $1MM-$10MM
DCC USA Inc.                             $1MM-$10MM   $1MM-$10MM

The petitions were signed by David G. Cooper, president and sole
director.


DELAWARE VALLEY UNIV: Moody's Cuts 2012 LL1 Bonds Rating to Ba1
---------------------------------------------------------------
Moody's Investors Service has downgraded the rating on Delaware
Valley University's (DVU) Series 2012 LL1 bonds to Ba1 from Baa3.
This rating action affects approximately $32 million of rated
debt.

The downgrade primarily reflects material deterioration in
operating performance in FY 2015 with expectations for similarly
weak performance in FY 2016. The deficits stem primarily from
stagnant net tuition revenue - the university's primary source of
revenue - coupled with the university's decision not to
commensurately adjust expenses. The downgrade also incorporates a
material reduction in liquidity driven by low investment returns
and weaker cash flow performance.

The Ba1 rating incorporates the university's niche in sustainable
agricultural and animal sciences, its relatively small operating
scale of $52 million, and limited flexible reserves.

Rating Outlook

The negative outlook reflects the likelihood that the university
will be challenged to maintain break-even operating performance and
stable liquidity in the near term.

Factors that Could Lead to an Upgrade

Sustained move to net tuition and auxiliary revenue growth

Significant and sustained improvement in currently very weak
operating performance

Material improvement in unrestricted liquidity

Factors that Could Lead to a Downgrade

Further deterioration of operating performance

Significant contraction of liquidity

Inability to meet enrollment targets

Legal Security

The Series 2012 LL1 bonds are a general obligation of the
university, secured by a pledge and lien on all unrestricted
receipts and revenues. Additional security is provided by a debt
service reserve fund.

Use of Proceeds

Not applicable

Obligor Profile

Delaware Valley University is a small, private not-for-profit,
four-year residential university located in Doylestown, 27 miles
north of Philadelphia. The university's market niche in
agricultural and animal sciences attracts approximately 2,000
full-time equivalent students and generates $52 million of
operating revenue.


EASTERN ILLINOIS UNIV: Moody's Cuts AFS Revenue Bonds Rating to B1
------------------------------------------------------------------
Moody's Investors Service downgrades Eastern Illinois University's
(EIU's) Auxiliary Facilities System (AFS) Revenue Bonds to B1 from
Ba1 and the Certificates of Participation (COPs) to Caa1 from Ba3.
The outlook is negative. This concludes the review for downgrade
initiated on June 10, 2016.

The downgrades reflect EIU's highly stressed financial position,
nearly exhausting all of its liquidity at the close of FY 2016, the
likely continuation of steep enrollment declines and no assurance
on the timing or level of future state funding.

The B1 rating on the AFS Revenue Bonds is based on sufficient
retained reserves within the AFS roughly equal to AFS debt
outstanding and strength of the pledge, with bondholders benefiting
from a priority claim on net tuition revenue should net AFS
revenues be insufficient to cover debt service. Offsetting credit
factors include weakening profitability of the System for FY 2016
and the possible use of the System's legally restricted funds for
non-System related expenses as early as July should the state fail
to appropriate sufficient funds to cover university expenses.

The Caa1 rating on the COPs reflects the unsecured nature of the
obligation and heightened risk of a debt service payment default or
cancellation of the purchase contract due to extremely thin
liquidity, lack of a viable state funding solution, weak revenue
generating prospects from other sources, and very weak cash flow.

Rating Outlook

The negative outlook reflects the university's severely depleted
liquidity, leaving it with very limited flexibility to manage the
expectation for ongoing acute financial stress caused in part by
the state's appropriation reductions and delays

Factors that Could Lead to an Upgrade

Significant and sustained improvement in liquidity

Consistent receipt of state operating appropriations
and stronger cash flow

Stabilized enrollment and growth in student charges revenue

Factors that Could Lead to a Downgrade

Further deterioration of liquidity or inaction by the state
to provide appropriations by August 1

Greater enrollment declines than budgeted for fall 2016

Failure to materially adjust expenses relative to lower
revenue prospects

Inability to absorb likely future declines in state funding
or further credit deterioration of the state

Legal Security

The revenue bonds are secured by the net revenues of the Auxiliary
Facilities System (AFS), as well as mandatory student fees and
tuition revenues, subject to the prior payment of operating and
maintenance expenses of the Auxiliary Facilities System, but only
to the extent necessary. There is a rate covenant to provide 2.0
times coverage of maximum annual debt service as well an additional
bonds test. There is no debt service reserve fund.

The Certificates of Participation (COPs) are payable from both
state-appropriated funds and from budgeted legally available funds
of the university from sources other than state appropriations,
including tuition and fees. The COPs are payable from the
university's broad budget, and the obligation to pay can be
terminated in the event that the university does not receive
sufficient state appropriations and does not have other legally
available funds. While the COPs typically benefit from the breadth
of revenue available to pay debt service, the lack of state
appropriation and severe budgetary and liquidity pressures
materially weakens the COP security for EIU relative to the AFS
bonds in the current environment.

Use of Proceeds. Not applicable

Obligor Profile

Eastern Illinois University is a regional public university,
founded in 1895, located in Charleston, approximately 50 miles
south of Champaign. EIU offers baccalaureate and master's degrees
in education, business, arts, sciences, and humanities.


EDWARD RENSI: Judge Approves Sale of Hobson Valley Property
-----------------------------------------------------------
Judge Janet S. Baer of the U.S. Bankruptcy Court for the Northern
District of Illinois, Eastern Division, authorized Edward Henry
Rensi to sell his real property commonly known as 6805-9 Hobson
Valley Drive, Units 105 and 114, Woodridge, Illinois ("Hobson
Valley Property") to A-Team Heating and Air Conditioning/Adam
Mufich for $220,500.

The sale of the Hobson Valley Property will occur on substantially
the same terms and conditions set in the Contract dated Feb. 18,
2015 and signed by the Debtor and A-Team on May 24, 2016.

The Contract of Sale contains, among others, these relevant terms:

   a) The Debtor will sell the bankruptcy estate's interest in the
Hobson Valley Property subject to the Contract to A-Team on "as is,
where is" basis, free and clear of any liens, claims, interests,
assessments and encumbrances.

   b) A-Team will pay the Debtor the sum of $5,000 for the purchase
of the Hobson Valley Property upon the closing of the transactions,
subject to adjustments and pro-rations as set in the Contract as
follows:

       i. A-Team has paid an initial deposit of $5,000 which will
be contributed toward Purchaser's obligation to pay the Hobson
Valley Property under the Contract.

      ii. The balance of the Purchase Price, subject to pro-rations
and adjustments as set in the Contract, will be paid in cash at
closing and distributed as set in the Order.

   c) Upon receipt of the Purchase Price and upon satisfaction of
the terms and conditions of the Contract, the Debtor will convey
all of its interests in the Hobson Valley Property and other
property subject to the Contract to A-Team by Deed and will
evidence the conveyance of any personal property to A-Team by Bill
of Sale, as may be required by the Contract.

Edward Henry Rensi sought Chapter 11 protection (Bankr. N.D. Ill.
Case No. 15-33948) on Oct. 5, 2015.
Edward Henry Rensi is represented by:

          Paul M. Bach, Esq.
          BACH LAW OFFICES
          P.O. Box 1285
          Northbrook, IL 60062
          Telephone: (847) 564-0808
          E-mail: Paul@BachOffices.com


ENERGY FUTURE: Can Enter Into $4.2-Bil. Exit Financing Commitment
-----------------------------------------------------------------
Honorable Christopher S. Sontchi of the U.S. Bankruptcy Court for
the District of Delaware authorizes Texas Competitive Electric
Holdings Company LLC, and Energy Future Competitive Holdings
Company LLC, to enter into the commitment letter under which
Deutsche Bank AG New York Branch and Deutsche Bank Securities Inc.,
Barclays Bank PLC, Citigroup Global Markets Inc., Credit Suisse AG
and Credit Suisse Securities (USA) LLC, Royal Bank of Canada and
RBC Capital Markets, UBS AG, Stamford Branch and UBS Securities
LLC, and Natixis, New York Branch, committed to provide financing
to the TCEH Debtors.

As previously reported by The Troubled Company Reporter, the TCEH
Debtors' current DIP loans under the Existing DIP Credit Agreement
will mature on November 7, 2016, and the Debtors anticipate that
they may require debtor-in-possession financing beyond that date,
in addition to requiring exit financing upon emergence.  To fulfill
that need, the TCEH Debtors obtained commitments from several large
financial institutions for fully underwritten financing and now
seek authorization to enter into the Financing Papers with the
Commitment Parties and the financing contemplated therein.

Pursuant to the Commitment Letter, the TCEH Debtors may elect to
enter into either (a) exit financing in connection with the
Debtors' emergence from Chapter 11 or (b) replacement
debtor-in-possession financing that will convert into exit
financing upon their emergence from chapter 11.

The options provide, among others:

   (a) Senior Facilities. The TCEH Debtors may elect to receive:
(a) a senior secured first lien revolving credit facility in an
aggregate principal amount of $750,000,000, (b) a senior secured
first lien term loan facility in an aggregate principal amount of
$2,850,000,000, and (c) a senior secured first lien term loan
facility in an aggregate principal amount of $650,000,000.

   (b) DIP Roll Facilities. The TCEH Debtors may elect to receive:
a senior secured superpriority debtor-in-possession and exit
credit
agreement consisting of (a) a superpriority senior secured first
lien revolving credit facility in an aggregate principal amount of
$750,000,000, (b) a superpriority senior secured first lien term
loan facility in an aggregate principal amount of $2,850,000,000,
and (c) a superpriority senior secured first lien term loan
facility in an aggregate principal amount of $650,000,000.  The
DIP
Roll Facilities will convert to the Senior Facilities on the
Conversion Date.

Among other things, the following summarizes the significant terms
of the Financing, the DIP Order, and the Approval Order:

   (a) Total Loan Commitment: $4,250,000,000 aggregate principal
amount under the Senior Facilities or under the DIP Roll
Facilities.

       -- Senior Term Loan B Facility: $2,850,000,000 aggregate
principal amount.

       -- Senior Term Loan C Facility: $650,000,000 aggregate
principal amount, which will be available to support the issuance
of cash collateralized letters of credit.

       -- Senior Revolving Credit Facility: $750,000,000 aggregate
principal amount: (a) Not less than $500,000,000 of which will be
available for issuance of standby and trade letters of credit, and
(b) Not less than $250,000,000 of which will be available for
swingline loans made by the Senior Administrative Agent.

       -- DIP Roll Term Loan B Facility: Same as Senior Term Loan
B
Facility.
       
       -- DIP Roll Term Loan C Facility: Same as Senior Term Loan
C
Facility.

       -- DIP Roll Revolving Credit Facility: Same as Senior
Revolving Credit Facility.

   (b) Interest Rate and Margins:

       -- Senior Term Loan B Facility: At the option of Borrower,
Adjusted LIBOR+5.00% or ABR+4.00%; provided that, interest rate
spreads will be subject to one 25 basis point reduction.

       -- Senior Term Loan C Facility: Same as Term Loan B
Facility.

       -- Senior Revolving Credit Facility: At the option of
Borrower, Adjusted LIBOR+4.00% or ABR+3.00%.

       -- DIP Roll Term Loan B Facility: Same as Senior Term Loan
B
Facility.

       -- DIP Roll Term Loan C Facility: Same as Senior Term Loan
C
Facility.

       -- DIP Roll Revolving Credit Facility: Same as Senior
Revolving Credit Facility.

   (c) Maturity and Amortization:

       -- Senior Term Loan B Facility: Matures on the day that is
7
years after the Closing Date and will amortize in equal quarterly
installments in an aggregate annual amount equal to 1% of its
original principal amount (subject to reduction in connection with
debt prepayments and debt buy backs), commencing the first full
fiscal quarter after the Closing Date, with the balance payable on
the final maturity date.

       -- Senior Term Loan C Facility: Matures on the day that is
7
years after the Closing Date and will not amortize.

       -- Senior Revolving Credit Facility: Terminates on the day
that is 5 years after the Closing Date.

       -- DIP Roll Term Loan B Facility: Matures on October 31,
2017, and will not amortize; provided that after the Conversion
Date, the DIP Roll Term Loan B Facility will mature on the day
that
is 7 years after the Closing Date and will amortize in the same
manner as the Senior Term Loan B Facility.

       -- DIP Roll Term Loan C Facility: Matures on October 31,
2017, and will not amortize; provided that after the Conversion
Date, the DIP Roll Term Loan C Facility will mature on the day
that
is 7 years after the Closing Date and will not amortize.

       -- DIP Roll Revolving Credit Facility: Matures on October
31, 2017; provided that after the Conversion Date, the DIP Roll
Revolving Credit Facility will terminate on the day that is 5
years
after the Closing Date.

The Debtors are also authorized to enter into the Financing Papers
and to pay the Commitment Parties the fees and expenses associated
with Facilities in accordance with the Financing Papers, including
to Davis Polk & Wardwell LLP in connection with Drafting the
Financing Papers and White & Case LLP as counsel to DB.

Likewise, the Debtors are authorized to indemnify and hold harmless
each of the Indemnified Persons on the terms and conditions set
forth in the Commitment Letter to the extent such obligation
becomes due and payable under the terms of the Financing Papers.

A full-text copy of the DIP Financing Order dated June 24, 2016 is
available at https://is.gd/OMmNHC

                   About Energy Future

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

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

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

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

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

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

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

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

Wilmington Savings Fund Society, FSB, the successor trustee for
the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq. An Official Committee of
Unsecured
Creditors has been appointed in the case. The Committee represents
the interests of the unsecured creditors of only of Energy Future
Competitive Holdings Company LLC; EFCH's direct subsidiary, Texas
Competitive Electric Holdings Company LLC; and EFH Corporate
Services Company, and of no other debtors. The Committee has
selected Morrison & Foerster LLP and Polsinelli PC for
representation in this high-profile energy restructuring. The
lawyers working on the case are James M. Peck, Esq., Brett H.
Miller, Esq., and Lorenzo Marinuzzi, Esq., at Morrison & Foerster
LLP; and Christopher A. Ward, Esq., Justin K. Edelson, Esq.,
Shanti
M. Katona, Esq., and Edward Fox, Esq., at Polsinelli PC.

                            *     *     *

In December 2015, the Bankruptcy Court confirmed the Debtors'
Sixth
Amended Joint Plan of Reorganization.  In May 2016, certain first
lien creditors of TCEH delivered a Plan Support Termination Notice
to the Debtors and the other parties to the Plan Support
Agreement,
notifying the parties of the occurrence of a Plan Support
Termination Event. The delivery of the Plan Support Termination
Notice caused the Confirmed Plan to become null and void.

Following the occurrence of the Plan Support Termination Event as
well as the termination of a roughly $20 billion deal to sell the
Debtors' stake in Oncor Electric Delivery Co., the Debtors filed
the Plan of Reorganization and the Disclosure Statement with the
Bankruptcy Court on May 1, 2016. On May 11, they filed an amended
joint plan of reorganization and a related disclosure statement.

In June 2016, Judge Sontchi approved the disclosure statement
explaining Energy Future Holdings Corp., et al.'s second amended
joint plan of reorganization of the TCEH Debtors and the EFH
Shared
Services Debtors, and scheduled the hearing to confirm the Plan to
start at 10:00 a.m. (prevailing Eastern Time) on August 17, 2016.


ENERGY FUTURE: NexEra Said to Bid on Oncor; Berkshire Interested
----------------------------------------------------------------
Harry Weber, writing for Bloomberg News, reported that NextEra
Energy Inc. has offered to buy Energy Future Holdings Corp.'s Oncor
Electric Delivery Co. and is closest to reaching a deal among at
least seven companies that have expressed interest in the Texas
power utility, people familiar with the talks said.

According to the report, citing people familiar with the talks,
NextEra has submitted its bid to Energy Future Holdings, which is
working to emerge from bankruptcy after two years.  Berkshire
Hathaway Inc. and Edison International are among the others that
have expressed interest in buying Oncor, the report related.  The
company may be valued at $17 billion to $18 billion, the report
said, further citing one of the people as saying.

Energy Future is holding negotiations after a plan to sell the
power utility to a group led by Hunt Consolidated Inc. unraveled,
the report further related.  Oncor's takeover is seen as key to
Energy Future's emergence from bankruptcy after restructuring
almost $50 billion in debt, the report said.

"They are one of the premier electric utilities out there, and they
show a desire for growing through acquisition," Paul Patterson, a
New York-based analyst at Glenrock Associates LLC, told Bloomberg
in a telephone interview. "The risk-adjusted rate of return is
quite attractive compared with the cost of financing the
transaction in many cases."

NextEra has proposed to buy Oncor with a combination of cash and
debt, the people familiar with the negotiations said, the report
said.  The amount offered is more than what Hunt's group offered,
one of the people said, without providing further details, the
report added.

                   About Energy Future

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

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

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

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

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

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

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

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

Wilmington Savings Fund Society, FSB, the successor trustee for the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq. An Official Committee of Unsecured
Creditors has been appointed in the case. The Committee represents
the interests of the unsecured creditors of only of Energy Future
Competitive Holdings Company LLC; EFCH's direct subsidiary, Texas
Competitive Electric Holdings Company LLC; and EFH Corporate
Services Company, and of no other debtors. The Committee has
selected Morrison & Foerster LLP and Polsinelli PC for
representation in this high-profile energy restructuring. The
lawyers working on the case are James M. Peck, Esq., Brett H.
Miller, Esq., and Lorenzo Marinuzzi, Esq., at Morrison & Foerster
LLP; and Christopher A. Ward, Esq., Justin K. Edelson, Esq., Shanti
M. Katona, Esq., and Edward Fox, Esq., at Polsinelli PC.

                            *     *     *

In December 2015, the Bankruptcy Court confirmed the Debtors' Sixth
Amended Joint Plan of Reorganization.  In May 2016, certain first
lien creditors of TCEH delivered a Plan Support Termination Notice
to the Debtors and the other parties to the Plan Support Agreement,
notifying the parties of the occurrence of a Plan Support
Termination Event. The delivery of the Plan Support Termination
Notice caused the Confirmed Plan to become null and void.

Following the occurrence of the Plan Support Termination Event as
well as the termination of a roughly $20 billion deal to sell the
Debtors' stake in Oncor Electric Delivery Co., the Debtors filed
the Plan of Reorganization and the Disclosure Statement with the
Bankruptcy Court on May 1, 2016. On May 11, they filed an amended
joint plan of reorganization and a related disclosure statement.

In June 2016, Judge Sontchi approved the disclosure statement
explaining Energy Future Holdings Corp., et al.'s second amended
joint plan of reorganization of the TCEH Debtors and the EFH Shared
Services Debtors, and scheduled the hearing to confirm the Plan to
begin at 10:00 a.m. (prevailing Eastern Time) on August 17, 2016.


FAIRWAY GROUP: Moody's Assigns Caa1 Corporate Family Rating
-----------------------------------------------------------
Moody's Investors Service assigned a Caa1 Corporate Family Rating
and a Caa1-PD probability of default rating to Fairway Group
Holdings Corp. ("HoldCo"). Moody's also assigned a B2 rating to
Fairway Group Acquisition Company's ("Fairway") proposed $55
million First Out senior secured Term Loan maturing 2019 and a Caa2
rating to its proposed Last Out $45 million senior secured term
loan maturing 2019. Additionally, Moody's assigned a Caa3 rating to
Holdco's proposed unsecured $39 million term loan facility. The
outlook is stable. .

"Although Fairway is emerging from bankruptcy with a lower debt
burden and improved liquidity, it will continue to face a very
difficult operating environment including intense competitive
pricing pressure and deflation in some food categories", Moody's
Vice President Mickey Chadha stated. "With a very small scale and
topline growth expected to remain elusive in the next 12 months,
improving credit metrics will be very challenging", Chadha further
stated.

RATINGS RATIONALE

Moody's said, "The ratings reflect Fairway's small scale,
geographic concentration, weak credit metrics, and our expectation
that cash flow and topline growth will continue to be strained. In
May 2016 the company filed a Joint Prepackaged Chapter 11 Plan of
Reorganization under the U.S. Bankruptcy Code and it is now exiting
bankruptcy with a lower amount of funded debt and improved
liquidity. However, despite the lower debt burden Moody's estimates
lease adjusted debt to EBITDA to be about 8.0 times and EBIT to
interest to be less than 1.0 times at fiscal year end March 31,
2017. Credit metrics are expected to improve only modestly in the
next 18 months as the company focuses on cost cuts and stabilizing
the top line to improve EBITDA. Moreover, the company is expected
to partially pay PIK interest on its last out secured term loan and
its unsecured debt. Moody's continues to expect that profitability
will remain strained as same store sales are expected to continue
to decline in the next 12-18 months due to continuing competitive
pressures. Fairway's operations are highly concentrated
geographically and the combination of small scale and close
proximity of its stores increase vulnerability to competitive
openings. Moody's believes store growth will be curtailed and
capital expenditures will be lower until the company's operating
performance improves,. Ratings also reflect Fairway's good name
recognition, attractive market niche, strong brand equity, and good
near term liquidity since it is exiting bankruptcy with robust cash
balances. However we expect these cash balances to decline in the
longer term."

The following ratings are assigned:

Fairway Group Holdings Corp.

Corporate Family Rating at Caa1

Probability of default rating at Caa1-PD

Proposed new $39 million senior unsecured
term loan maturing 2021 at Caa3 (LGD5)

Fairway Group Acquisition Company

Proposed new $55 million senior secured First
Out term loan maturing 2019 at B2 (LGD2)

Proposed new $45 million senior secured Last
Out term Loan maturing 2019 at Caa2 (LGD4)

The ratings outlook is stable and reflects Moody's expectation that
management's strategic initiatives to cut costs and increase
traffic into its stores will lead to modest improvement in
profitability and credit metrics in the longer term. However, amid
a very competitive pricing environment the company's small scale
does not afford it much room to absorb any declines in same store
sales and profitability for an extended period of time.

Ratings could be upgraded if the company's liquidity remains good,
and same store sales growth is positive. Quantitatively ratings
could be upgraded if the company demonstrates the ability to
achieve and maintain lease adjusted debt/EBITDA below 6.5 times and
maintain EBIT/interest above 1.25 times.

Ratings could be downgraded if liquidity deteriorates or same store
sales continue to decline. Ratings could also be downgraded if
lease adjusted debt/EBITDA does not demonstrate a sustained
improvement from current level or (EBITDA - capital
expenditures)/interest is sustained below 1.0 times.

Fairway is a grocery store operator with 15 grocery stores and 4
wine stores in New York, New Jersey and Connecticut. Revenues
totaled $764 million for the LTM period ending December 27, 2015.



FEDERATION EMPLOYMENT: Judge Approves Membership Interests Sale
---------------------------------------------------------------
Judge Robert E. Grossman of the U.S. Bankruptcy Court for the
Eastern District of New York authorized Federation Employment and
Guidance Service, Inc., doing business as FEGS, to sell its 100% in
FEGS Home Attendant Services, Inc., for at least $1,380,000 to Home
Attendant Service of Hyde Park, Inc.

The Debtor received no qualified bids prior to the bid deadline,
and so no auction was held.  The buyer's offer, upon the terms and
conditions set forth in the Purchase Agreement dated April 18,
2016, constitutes the highest or otherwise best offer for the
Membership Interest.

The Court conducted a sale hearing on June 9, 2016.

Judge Grossman held that the Debtor has demonstrated that entering
into the Purchase Agreement and the consummation of the Sale
Transaction is in the best interests of the Debtor, its estate,
creditors, and other parties in interest.

The membership interest will be transferred to the Buyer free and
clear of all liens, claims or encumbrances against the Membership
Interest.

                            About FEGS

Established in 1934 amidst the Great Depression, Federation
Employment & Guidance Service, Inc. ("FEGS") is a not-for-profit
provider of various health and social services to more than
120,000 individuals annually in the areas of behavioral health,
disabilities, housing, home care, employment/workforce, education,
youth and family services.  At its peak, FEGs' network of programs
operated over 350 locations throughout metropolitan New York and
Long Island and employed 2,217 highly skilled professionals.

FEGS sought Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case
No. 15-71074) in Central Islip, New York on March 18, 2015.

The Debtor disclosed $86,697,814 in assets and $45,572,524 in
liabilities as of the Chapter 11 filing.

The Debtor filed applications to hire Garfunkel, Wild, P.C., as
general bankruptcy counsel; Togut, Segal & Segal, LLP, as
co-counsel; JL Consulting LLC as Restructuring Advisor, as
restructuring advisor; Crowe Horwath, LLP as accountants; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

The U.S. Trustee for Region 2 appointed three members to the
Official Committee of Unsecured Creditors.  The Committee tapped
Pachulski Stang Ziehl & Jones LLP as its counsel.


FEDERATION EMPLOYMENT: Selling Bronx Property to Altmark for $7.7M
------------------------------------------------------------------
Federation Employment and Guidance Service, Inc., doing business as
FEGS, asks the U.S. Bankruptcy Court for the Eastern District of
New York to approve the sale its real property located at 3600
Jerome Avenue, Bronx, New York to Altmark Group, LLC, for
$7,000,000, subject to higher or better offers.

The Debtor proposes that the Auction be held one month following
the date of entry and service of the Bid Procedures Order with the
Sale Hearing to be held shortly after the Auction.

The Debtor's Property contains approximately 80,000 square feet of
space, which housed certain of the Debtor's behavioral health
programs.  After the Debtor transferred the programs to other
providers, it determined that it would be in the estate's best
interest to sell the Property.

On July 20, 2015, the Court entered an order approving the Debtor's
retention of Cushman & Wakefield Realty of the Bronx, LLC ("C&W")
as the Debtor's exclusive real estate broker in connection with the
Property, nunc pro tunc to June 3, 2015.

C&W actively marketed the Property.  Its marketing efforts resulted
in 718 unique viewer visits to C&W's webpage for the Property,
significant discussions with almost 60 parties regarding the
Property, seven Property tours, and 13 written offers; the
Purchaser's being the highest or best.

Following discussions with C&W and its professionals, the Debtor
determined that the Purchaser's offer of $7,000,000, all cash, for
the purchase of the Property "as is" should be accepted as the
"stalking horse offer" and the parties negotiated the terms of the
Sale Agreement.  The Purchaser has provided the Debtor with a 10%,
$700,000 cash deposit and with evidence of its ability to pay the
cash balance of the purchase price at closing.

The Debtor will entertain other offers for the assets.  The
deadline to submit initial bids will be set by the Court.  An
auction will be conducted if a qualified bid is submitted by the
deadline.

The Sale Agreement provides that if the Court approves the sale of
the Property to another successful purchaser, and if the Debtor
successfully consummates a sale of the Property with that
Successful Purchaser, the Purchaser will be entitled to:

    (i) the return of the Purchaser's $700,000 deposit; and

   (ii) a Break-Up Fee of $140,000, solely out of the proceeds of
an Alternate Transaction.

The Break-Up Fee is approximately 2% of the Purchase Price, well
within the customary range of such fees in such sales.

A copy of the Sale Agreement and Bid Procedures attached to the
Motion is available for free at:

      http://bankrupt.com/misc/FEGS_699_Sale_M.pdf

Counsel for the Debtor:

         Burton S. Weston
         Adam Berkowitz
         Phillip Khezri
         GARFUNKEL WILD, P.C.
         111 Great Neck Road
         Great Neck, NY 11021
         Telephone: (516) 393-2200
         Facsimile: (516) 466-5964

                            About FEGS

Established in 1934 amidst the Great Depression, Federation
Employment & Guidance Service, Inc. ("FEGS") is a not-for-profit
provider of various health and social services to more than 120,000
individuals annually in the areas of behavioral health,
disabilities, housing, home care, employment/workforce, education,
youth and family services.  At its peak, FEGs' network of programs
operated over 350 locations throughout metropolitan New York and
Long Island and employed 2,217 highly skilled professionals.

FEGS sought Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case
No. 15-71074) in Central Islip, New York on March 18, 2015.

The Debtor filed applications to hire Garfunkel, Wild, P.C., as
general bankruptcy counsel; Togut, Segal & Segal, LLP, as
co-counsel; JL Consulting LLC as Restructuring Advisor, as
restructuring advisor; Crowe Horwath, LLP as accountants; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

The Debtor disclosed $86,697,814 in assets and $45,572,524 in
liabilities as of the Chapter 11 filing.

The U.S. Trustee for Region 2 appointed three members to the
Official Committee of Unsecured Creditors.  The Committee tapped
Pachulski Stang Ziehl & Jones LLP as its counsel.


FIDELITY NATIONAL: Fitch Affirms BB+ Rating on Sr. Unsecured Debt
-----------------------------------------------------------------
Fitch Ratings has affirmed Fidelity National Financial, Inc.'s
(FNF) title insurance operating company Insurer Financial Strength
(IFS) ratings at 'A-'.  Fitch has also affirmed FNF's Long-Term
Issuer Default Rating (IDR) at 'BBB-' and senior unsecured debt at
'BB+.'  The Rating Outlook is Stable.

                       KEY RATING DRIVERS

Fitch's affirmation of FNF's IFS ratings are based on
market-leading scale, margins, and operating company
capitalization. However, offsetting these positives, is a history
of periodic consolidated balance sheet financial leverage increases
to fund acquisitions of ancillary businesses.  Although past
ventures have been successful, historical results do not mitigate
future risks.

FNF's more aggressive holding company capital management, coupled
with higher tangible financial leverage, are the primary reasons
for the expansion of holding company debt notching in relation to
the IFS rating.  FNF's financial leverage as of March 31, 2016, was
29%; however, tangible financial leverage was 76%.  Debt/EBITDA was
2.0x as of year-end 2015. As of March 30, 2016, GAAP fixed charge
coverage was 5.0x.

Fitch's ratings analysis considers both the two tracking stocks:
FNF Core (FNF: NYSE) and FNF Financial Ventures (FNFV: NYSE). Fitch
recognizes the tracking stock gives FNF's management the ability to
streamline the organizational chart and lessen the volatility of
title insurance operations; however, it does not alleviate holding
company obligations, as neither is a separate legal entity.  Any
future material organizational structure changes at FNF would merit
further assessment from a ratings context.

FNF has a leading position in title insurance accounting for
approximately 33% of the U.S. title insurance market by premiums.
This scale coupled with an aggressive cost management focus has
allowed FNF to be one of the most profitable title insurance
companies reporting a GAAP title insurance pretax operating margin
of 11.4% for full year 2015 and 7.0% for first quarter 2016.

Fidelity's title insurance operating subsidiaries have strong
capitalization with statutory operating leverage of 3.0x as of
year-end 2015 and a risk adjusted capital (RAC) score for full year
2015 of 193%, the highest in Fitch's universe.

RATING SENSITIVITIES

This is the list of key rating drivers that could lead to an
upgrade for the holding company ratings:

   -- Sustained improvement in debt/EBITDA of 2.3x or lower and/or

      significant improvement in tangible financial leverage;
   -- No material deterioration in GAAP fixed charge coverage.

These factors, as well as the following, could lead to an upgrade
of both IFS and debt ratings:

   -- Maintenance of operating company capital strength as
      demonstrated by a RAC score above 175% and net leverage
      below 4.0x;
   -- An improvement in stated financial leverage to 25%;
   -- Maintenance of GAAP title operating margins at current
      levels that remain in the top tier versus industry peers.

This is a list of key rating drivers that could lead to a
downgrade:

   -- A RAC score below 130%.
   -- Any acquisition that increases financial leverage above 35%.
   -- A significant write-down in goodwill or signs that indicate
      a potential write-down of goodwill is possible.
   -- Deterioration in earnings, primarily measured by
      consolidated pretax GAAP margins, at a pace greater than
      peer averages.
   -- Sustained material adverse reserve development.

FULL LIST OF RATING ACTIONS

Fitch has affirmed these ratings with a Stable Outlook:

Fidelity National Title Ins. Co.
Alamo Title Insurance Co. of TX
Chicago Title Ins. Co.
Commonwealth Land Title Insurance Co.
   -- IFS ratings at 'A-'.

Fitch has affirmed these ratings with a Stable Outlook:

Fidelity National Financial, Inc.
   -- IDR at 'BBB-';
   -- $300 million 6.6% senior note maturing May 15, 2017 at
      'BB+';
   -- $300 million 4.25% convertible senior note maturing Aug. 15,

      2018 at 'BB+';
   -- $400 million 5.5% senior note maturing September 1, 2022 at
      'BB+'
   -- Four-year $800 million unsecured revolving bank line of
      credit due July 2018 at 'BB+'.


FINJAN HOLDINGS: Grants Patent License Agreement to European Firm
-----------------------------------------------------------------
Finjan Holdings, Inc., announced that on June 30, 2016, Finjan,
Inc., its wholly-owned subsidiary, entered into a Patent License
Agreement, with a European-based firm who is a leading provider of
cloud-based and on-premise security solutions.  The terms of the
Agreement are confidential.

"Finjan's growing list of global licensees, all of whom are key
players in the world of cybersecurity, demonstrates the high degree
of relevance and sustainability of our patented technologies," said
Julie Mar-Spinola, Finjan's chief IP officer and VP, Legal.  "We
are pleased to have our patent portfolio recognized around the
world."

Under the License Agreement, (i) Licensee obtains a nonexclusive,
term license in the United States under Finjan's U.S. patents to
make, have made, use, sell (directly or indirectly), offer to sell,
import, distribute and otherwise dispose of Licensee's covered
products and (ii) Licensee paid, and Finjan received, $565,000 in
cash.

                        About Finjan

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

Finjan Holdings reported a net loss of $12.6 million in 2015, a
net loss of $10.5 million in 2014 and a net loss of $6.07 million
in 2013.

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


FIRST ONE HUNDRED: Wants Plan Filing Period Extended to Aug. 1
--------------------------------------------------------------
First One Hundred LLC asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend the exclusivity period for
the Debtor to file a Plan by 30 days, up to and including Aug. 1,
2016, and the exclusivity period within which the Debtor may
solicit acceptances to the plan until Sept. 30, 2016.

The deadline for the Debtor to file its Plan is June 30, 2016.
Although the Debtor feels that much progress has been made, the
Debtor requires additional time to finalize the plan and complete
the interview process with real estate professionals.

The exclusive period within which the Debtor may file a plan of
reorganization expires on July 19, 2016, and the exclusive
solicitation period expires on Sept. 19, 2016.

The Debtor is in the process of preparing a Chapter 11 Plan,
whereby the Real Properties will be sold, and allowed claimants and
equity security holder(s) will be paid pursuant to 11 U.S.C.
Section 1129.

The Debtor is also in the process of interviewing real estate
professionals who can assist the Debtor in effectuating the sale of
the Real Properties, for the highest and best sales price, for the
benefit of the Debtor's creditors and equity security holders.

In the meantime, the Debtor has taken steps to maintain the Real
Properties and comply with the Court's various orders relating to
the Real Properties.  The Debtor's counsel has also started
discussing with various creditors' counsel the Debtor's intentions
with respect to the Real Properties and payments to creditors and
equity security holder(s).

The Debtor seeks the extension to ensure the Debtor's continued
management of its real estate business affairs and continued
negotiation with its creditors, as well as to preserve the Debtor's
possibility of reorganization and going concern value for the
benefit of creditors.

Although this is a relatively small Chapter 11 case, it does
involve a number of novel factual and legal issues.  Additional
time is necessary to prepare and negotiate a plan and prepare
adequate information, due to the fact that several issues must be
decided, including the form and manner of the sale of the Real
Properties.  The Debtor is generally paying its bills as they
become due.  The Debtor has demonstrated reasonable prospects for
filing a viable plan.  The Debtor has continued its progress in
negotiations with its creditors.  This case has been pending for
only little more than three months.  

Unresolved contingencies exist, as certain lien priorities must be
adjudicated, and a sale process for the Real Properties must be
proposed and approved.

The Debtor's counsel can be reached at:

     Zack B. Shelomith, Esq.
     LEIDERMAN SHELOMITH ALEXANDER
     + SOMODEVILLA, PLLC
     2699 Stirling Road, Suite C401
     Fort Lauderdale, FL 33312
     Tel: (954) 920-5355
     Fax: (954) 920-5371
     E-mail: zbs@lsaslaw.com

First One Hundred LLC (Bankr. S.D. Fla., Case No. 16-13973) sought
protection under Chapter 11 of the Bankruptcy Code on March 21,
2016.  The Debtor is represented by Zach B Shelomith, Esq., at
Leiderman Shelomith, PA.


FITNESS INT'L: Moody's Puts B2 CFR Under Review for Upgrade
-----------------------------------------------------------
Moody's Investors Service  placed Fitness International, LLC's ("LA
Fitness") B2 Corporate Family Rating (CFR), B3-PD Probability of
Default Rating (PDR), and B1 senior secured bank credit facility
rating under review for upgrade in response to recent positive
trends in operating performance and financial leverage.

In its review, Moody's will primarily evaluate the company's recent
and projected financial performance to assess the likelihood that
the improvement in performance is sustainable. Moody's will also
re-examine financial policy risk under private equity ownership to
assess the company's ability to maintain credit metrics in line
with higher ratings over a longer period of time.

The following ratings were placed under review for upgrade:

Corporate Family Rating, currently B2

Probability of Default Rating, currently B3-PD

$350 million senior secured revolver due 2018, currently B1
(LGD2)

$250 million senior secured term loan A due 2018, currently B1
(LGD2)

$1 billion senior secured term loan B due 2020, currently B1
(LGD2)

RATING RATIONALE

LA Fitness' B2 Corporate Family Rating (CFR) reflects the company's
relatively high debt leverage, with debt/EBITDA at 4.6x as of March
31, 2016 (all ratios incorporate Moody's standard adjustments). The
rating also takes into consideration expectations for increasing
operating costs, as well as continued softness in comparable club
sales growth due to the negative impact of competition from "small
box" gyms on personal training revenues and company's competitive
strategy of clustering clubs in its existing markets. Moody's
expects that free cash flow (after tax-related distributions) will
be modest over the next two years as the company continues to open
new clubs, and it does not anticipate material permanent debt
reduction beyond required term loan amortization over the near
term. The ratings also reflect Moodys' concerns regarding future
financial policy given the partial ownership by private equity
sponsors. Over the last three years, the company completed two
leveraging transactions to pay a sizeable dividend to the owners,
and subsequently, to repurchase a large number of equity units from
the sponsors. Despite management's majority ownership of the
company, event risk related to potential debt-financed dividends or
share repurchases remains. The B2 CFR is supported by LA Fitness'
large revenue base, good geographic diversification and positive
trends in membership count. The company has also been able to
offset the impact of weak comparable club sales trends through
investments in growing the number of clubs organically and through
acquisitions. In addition, LA Fitness also generates strong EBITA
margins relative to some of its peers, driven largely by operating
efficiencies generated by its clustering strategy, and healthy free
cash flow before growth capex. Long-term fundamentals for the
overall fitness industry also remain favorable due to increased
awareness of and interest in physical fitness and healthy living,
as well as a large and growing addressable market.

LA Fitness is the largest non-franchised fitness club operator in
the United States. As of March 31, 2016, the company operated 676
fitness clubs, including 649 in 29 states across the US and 27
clubs in Canada. Collectively, these clubs served approximately 4.9
million members and the company generated revenues of about $1.9
billion for the 12 months ended March 31, 2016.


FRESH & EASY: Selling Liquor License to Smart & Final for $17,500
-----------------------------------------------------------------
Fresh & Easy, LLC, on June 22, 2016, filed a notice with the U.S.
Bankruptcy Court for the District of Delaware of its plans to sell
its Liquor License (No. 539623) to Smart & Final Stores, LLC for
$17,500.

The Court entered an order on Dec. 3, 2015 authorizing the Debtor
to sell or transfer certain miscellaneous assets in accordance with
the terms of the Miscellaneous Asset Sale Order.

The Debtor proposes to sell the Liquor License on an "as is, where
is" basis, free and clear of all liens, claims, interests, and
encumbrances.

Counsel to the Debtor:

          J. Kate Stickles
          Norman L. Pernick
          Patrick J. Reilley
          David W. Giattino
          COLE SCHOTZ P.C.
          500 Delaware Avenue, Suite 1410
          Wilmington, Delaware 19801
          Telephone: (302) 652-3131
          Facsimile: (302) 652-3117

                        About Fresh & Easy

Fresh & Easy, LLC, a chain of grocery stores in the Southwest
United States, filed a Chapter 11 bankruptcy petition (Bankr. D.
Del., Case No. 15-12220) on Oct. 30, 2015.  The petition was signed
by Peter McPhee, the chief financial officer.  The Debtor estimated
assets of $10 million to $50 million and liabilities of at least
$100 million.

Judge Christopher S. Sontchi is assigned to the case.

The Debtor has engaged Cole Schotz P.C. as counsel, Epiq Bankruptcy
Solutions, LLC, as claims and noticing agent, DJM Realty Services,
LLC, and CBRE Group, Inc., as real estate consultants and FTI
Consulting, Inc., as restructuring advisors.

                          *     *     *

The Debtor has undertaken the process of liquidating the estate's
assets located at its retail locations and distribution center with
the assistance of Hilco Merchant Resources, LLC, and Industrial
Assets Corp., respectively, has engaged DJM Realty Services, LLC,
and CBRE, Inc., to market its leasehold interests, and has recently
engaged Hilco Streambank to assist with the disposition of its
intellectual property.

As part of the claims process, a bar date of Feb. 19, 2016, was
established by the Court for creditor claims.


GAS COMPRESSOR: Taps Buechler & Garber as Bankruptcy Counsel
------------------------------------------------------------
Gas Compressor Consultants asks for authorization from the U.S.
Bankruptcy Court for the District of Colorado to employ Buechler &
Garber, LLC, as bankruptcy counsel, nunc pro tunc to May 27, 2016,
and for further and additional relief as to the Court may appear
proper.

The Firm will:

     a. provide the Debtor with legal advice with respect to its
        powers and duties;

     b. aid the Debtor in the development of a plan of
        reorganization under Chapter 11;

     c. file the necessary petitions, pleadings, reports, and
        actions that may be required in the continued
        administration of the Debtor's property under Chapter 11;

     d. take necessary actions to enjoin and stay until a final
        decree herein the continuation of pending proceedings and
        to enjoin and stay until a final decree herein the
        commencement of lien foreclosure proceedings and all
        matters as may be provided under 11 U.S.C. Section 362;
        and

     e. perform all other legal services for the Debtor that may
        be necessary.

The Debtor will employ Counsel under a general retainer because of
the extensive legal services required.

Aaron A. Garber, Esq., a partner with the Firm, assures the Court
that the Firm does not represent any party in interest adverse to
the interest of the Debtor, and that the Firm is disinterested as
defined by 11 U.S.C. Section 101(14) and does not have or represent
an interest materially adverse to the interest of the estate or of
any class of creditors.

On Jan. 8, 2016, the Debtor retained Kutner Brinen Garber PC as
counsel.  Effective May 27, 2016, Mr. Garber relocated to Buechler
& Garber.

The Firm can be reached at:

        Karon A. Garber, Esq.
        Buechler & Garber, LLC
        999 18th Street
        Suite 12308
        Denver, CO 80202
        Tel: (720) 331-0045
        Fax: (720) 381-0382
        E-mail: aaron@bandglawoffice.com

Gas Compressor Consultants offers comprehensive project management,
engineering, and operations consulting services for the natural gas
industry.  GCC has extensive experience in the design and operation
of natural gas gathering systems, compression, processing, and
sour/acid applications.  GCC provides expertise in engineering
design, equipment specifications, installation, startup and
operation.

GCC filed for Chapter 11 bankruptcy protection (Bankr. D. Colo.
Case No. 16-10092) on Jan. 6, 2016.


GAWKER MEDIA: $14-Mil. Interim Cash Collateral Use Approved
-----------------------------------------------------------
Gawker Media, LLC, and its affiliated debtors sought and obtained
interim authorization from Judge Stuart M. Bernstein of the U.S.
Bankruptcy Court for the Southern District of New York to access
DIP financing and use cash collateral.

The Debtors sought to obtain postpetition financing of up to
$22,000,000, consisting of a $17,000,000 term loan and a $5,000,000
revolving credit facility from Cerberus Business Finance LLC and
one or more of its affiliates party thereto.

Judge Bernstein authorized the Debtors to borrow, on an interim
basis, up to $14,000,000 of term loans.

"Based on the evidence presented at the Interim Hearing, and the
representations made by the Debtors in the Motion and on the record
of the Interim Hearing, an immediate need exists for the Debtors to
obtain funds under the DIP Facility and to use Cash Collateral in
order to continue operations and to administer and preserve the
value of the Debtors' estates.  The ability of the Debtors to meet
payroll and finance their operations, and to preserve, maintain and
maximize the value of their assets for the benefit of their
creditors, requires the immediate availability of working capital
provided pursuant to the DIP Facility and use of Cash Collateral.
Without immediate access to the DIP Facility and the use of Cash
Collateral, the Debtors have insufficient funds available to
sustain operations of any magnitude for any length of time.  The
inability to obtain funding under the DIP Facility and use of Cash
Collateral would immediately and irreparably harm the Debtors,
their estates and their creditors, and irreparably damage the
Debtors' prospects for a successful reorganization or sale of their
assets as a going concern or otherwise," Judge Bernstein
acknowledged.

The DIP Facility contains, among others, these material terms:

     (1) DIP Facility Parties:

          (a) Borrower: Gawker Media LLC

          (b) Guarantors: Gawker Media Group, Inc. ("GMGI") and  
              and Kinja Kft.

          (c) DIP Agent: Cerberus Business Finance LLC ("CBF")

          (d) Lenders: CBF, or one or more affiliates thereof
              designated on the Closing Date as a DIP Lender, and
              such other DIP Lender party to the DIP Facility from

              time to time.

     (2) DIP Facility Amount:

          (a) Amount in the Interim Period: $14 million

          (b) Amount in Final Period: Up to $22 million, which
              includes the $14 million in the interim period,
              comprised of a $17 million term loan facility and $5

              million revolving credit facility.

     (3) Interest Rate: The loans under the facilities will bear
interest at the rate per annum equal to LIBOR plus eight percent or
the Reference Rate plus seven percent.  Interest will be payable
monthly in arrears on all loans.  All interest and fees would be
computed on the basis of a year of 360 days for the actual days
elapsed.

     (4) Post-Default Interest Rates: If any Event of Default under
the DIP Financing Agreement occurs and is continuing, interest
would accrue at a rate per annum equal to two percent above the
rate previously applicable to such obligation, payable on demand.

     (5) Original Issue Discount: The DIP Loans are being issued
with a four percent original issue discount.

     (6) Fees:

          (a) Commitment Fee: 2 percent of the DIP Facility non-
              refundable and earned in full and payable upon
              acceptance of a commitment.

          (b) Unused Line Fee: Three-quarters of one percent on
              the unused portion of the Revolving Credit Facility,

              payable monthly in arrears.

     (7) Maturity/Termination Date: The DIP Facility loans are to
be repaid in full on the date that is the earliest of (i) 30 days
from the date of the Interim Order, if the Final Order has not been
entered by the Bankruptcy Court on or prior to such date, (ii) the
date that is 12 months following the date of entry of the Interim
Order, (iii) the substantial consummation of a plan of
reorganization of Company in the Chapter 11 Case, which has been
confirmed by an order entered by the Bankruptcy Court in the
Chapter 11 Cases, and (iv) the sale of all or substantially all of
the assets of the Debtors.

     (8) Purpose of the DIP Facility and Limitations on Use of DIP
Facility and Cash Collateral:  (i) To repay the outstanding
indebtedness under the First Lien Facility, including cash
collateralize letters of credit; (ii) to fund general corporate
needs, including working capital needs; and (iii) to pay fees and
expenses related to this transaction, including administrative
expenses relating to bankruptcy.

The final hearing on the Debtors' Motion is scheduled on July 7,
2016 at 2:00 p.m.

A full-text copy of the Interim Order, dated June 16, 2016, is
available at https://is.gd/TGo6VM

Gawker Media, LLC, and its affiliated debtors are represented by:

          Gregg M. Galardi, Esq.
          Jonathan P. Gill, Esq.
          Kristina K. Alexander, Esq.
          Jonathan M. Agudelo, Esq.
          ROPES & GRAY LLP
          1211 Avenue of the Americas
          New York, NY 10036-8704
          Telephone: (212)596-9000
          Facsimile: (212)596-9090
          E-mail: Gregg.Galardi@ropesgray.com
                  Jonathan.Gill@ropesgray.com
                  Kristina.Alexander@ropesgray.com
                  Jonathan.Agudelo@ropesgray.com

                        About Gawker Media

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016.  The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc. and Budapest, Hungary-based
Kinja, Kft. filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.

The cases are jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq. and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors.  William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer.  Houlihan Lokey Capital, Inc. serves as the
Debtors' investment banker.  Prime Clerk LLC serves as claims,
balloting and administrative agent.  

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

The petitions were signed by CRO Holden.


GAWKER MEDIA: Seeks Preliminary Injunction Issuance
---------------------------------------------------
Gawker Media, LLC, in an adversary proceeding, asks the U.S.
Bankruptcy Court for the Southern District of New York to issue a
preliminary injunction and/or extend the automatic stay with
respect to certain suits filed against it.

Specifically, the Debtor sought the issuance of a preliminary
injunction enjoining, pending the termination of the automatic stay
applicable to the Debtor, the following existing lawsuits against
the Debtor ("Actions"):

   (1) Bollea v. Gawker Media, LLC, et al., No. 12012447-CI-011;

   (2) Huon v. Denton, et al., No. 11-cv-03054 and on appeal No.
15-3049;

   (3) Ashley Terrill v. Gawker Media, LLC, et al., No.
16-CV-00411;

   (4) Teresa Thomas v. Gawker Media LLC, et al., No. 16-CV-
09519;

   (5) Ayyadurai v. Gawker Media, LLC, et al., No. 16-CV- 10853;
and

     (6) Charles C. Johnson, et al. v. Gawker Media, LLC, et al.,
No. 15CECG03734.

The Debtor also sought the issuance of a preliminary injunction
against any Adversary Action Defendant from taking further action
in the Actions and from taking further action in any other existing
litigation or filing further claims against Nick Denton, the
Debtor's founder and current President and Chief Executive Officer
of Gawker Media Group, Inc., as well as the President of Gawker
Media, LLC, or any of the Individual Defendants, John Cook, et.
al., where the conduct alleged was in the course of, and within the
scope of, Mr. Denton's or the Individual Defendant's employment
with the Debtor, absent approval of the Court.

Gawker Media, LLC, is represented by:

          Gregg M. Galardi, Esq.
          David B. Hennes, Esq.
          Michael S. Winograd, Esq.
          ROPES & GRAY LLP
          1211 Avenue of the Americas
          New York, NY 10036-8704
          Telephone: (212)596-9000
          Facsimile: (212)596-9090
          E-mail: gregg.galardi@ropesgray.com
                  david.hennes@ropesgray.com
                  michael.winograd@ropesgray.com

                        About Gawker Media

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016.  The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc. and Budapest, Hungary-based
Kinja, Kft. filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.

The cases are jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq. and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors.  William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer.  Houlihan Lokey Capital, Inc. serves as the
Debtors' investment banker.  Prime Clerk LLC serves as claims,
balloting and administrative agent.  

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

The petitions were signed by CRO Holden.


GEO V HAMILTON: Wants Plan Filing Deadline Moved to Dec. 16
-----------------------------------------------------------
Geo. V. Hamilton, Inc., asks the U.S. Bankruptcy Court for the
Western District of Pennsylvania to extend the Debtor's exclusive
right to file a Chapter 11 plan through and including Dec. 16,
2016, and to solicit votes thereon through and including Feb. 28,
2017.

Based on a review of the relevant factors, the Debtor submits that
there is sufficient cause to approve the extension of the
Exclusivity Periods requested by the Debtor:

     a. The Size and Complexity of the Case.  On Oct. 13, 2015,
        the Court entered an order designating this Chapter 11
        Case as a complex Chapter 11 bankruptcy case.  This
        Chapter 11 Case involves over 2,000 active and
        significantly more inactive Asbestos Claims outstanding
        against the Debtor, plus potential future Demands;

     b. Existence of Good Faith Progress.  The Debtor has made
        good faith progress in this Chapter 11 Case.  Among other
        things, it stabilized its business operations through
        various operational first day motions and orders.  These
        orders allowed the Debtor to pay its employees and
        critical vendors, obtain post-petition debtor-in-
        possession financing, maintain insurance programs, and
        continue using its cash management system.  The Debtor
        filed its schedules of assets and liabilities, statement
        of financial affairs, is current in filing its monthly
        operating reports, and a bar date was set for filing
        claims.  The Future Claimants' Representative was
        appointed by order dated Dec. 23, 2015.  The Debtor
        answered and produced significant documents and other
        information responsive to the Requests, and the Debtor
        continues to engage with the Committee and the Future
        Claimants' Representative on a good faith basis.  Gleason
        and BDO were retained to perform valuations of the
        Debtor's business.  As evidenced by the achievements, the
        Debtor is making steady progress in this Chapter 11 Case
        and is preparing the necessary foundation to advance a
        consensual plan of reorganization.

     c. Continued Payment of Operating Expenses.  The Debtor is
        paying its post-petition operating expenses in the
        ordinary course of its business.  The Debtor also is
        current on its payments to the Office of the U.S. Trustee
        on account of quarterly fees.

     d. Additional Time is Necessary.  Although the Debtor has
        made steady progress toward its restructuring objectives
        since the Petition Date, additional time is necessary: (1)

        for the Committee and the Future Claimants' Representative

        to evaluate the information recently produced by the
        Debtor and any information that an insurance archaeologist

        may reveal; (2) for Gleason and BDO to complete their
        valuations; and (3) for the Debtor, the Committee, and the

        Future Claimants' Representative to negotiate what the
        Debtor believes should be a consensual plan of
        reorganization.

     e. An Extension Will Not Pressure or Prejudice Creditors.  
        The Debtor is not seeking an extension of the Exclusivity  
      
        Periods to pressure or prejudice any of its stakeholders.
        Rather, the Debtor seeks additional time so that the
        parties have adequate time to evaluate relevant
        information and to negotiate a plan of reorganization.

The Debtor's counsel can be reached at:

        Paul M. Singer, Esq.
        Luke A. Sizemore, Esq.
        REED SMITH LLP
        225 Fifth Avenue, Suite 1200
        Pittsburgh, PA 15222
        Tel: (412) 288-3131
        Fax: (412) 288-3063
        E-mail: psinger@reedsmith.com
                lsizemore@reedsmith.com

                    About Geo. V. Hamilton

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

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

Judge Gregory L. Taddonio is assigned to the case.

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

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

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

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

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


GOVERNORS STATE UNIVERSITY: Moody's Cuts UFS Bonds Rating to Ba1
----------------------------------------------------------------
Moody's Investors Service downgrades Governors State University,
IL's (GSU) University Facilities System Bonds (UFS) to Ba1 and
Certificates of Participation (COPs) to Ba2. The outlook is
negative. This concludes the review for downgrade initiated on June
10, 2016.

The downgrade of the ratings reflect GSU's very heavy dependence on
the State of Illinois (GO Baa2 negative), GSU's weakened liquidity
position, deficit operations, and ongoing financial risks of
transitioning to a comprehensive university while state funding
levels remain challenged. The university received only part of its
budgeted FY 2016 state appropriation due to the state's failure to
enact a budget for the year and reliance on stop gap funding.

The Ba1 rating on the UFS bonds reflects the secured interest in
revenues, favorable enrollment growth, not experienced by many of
its regional peers in the state, and still sufficient liquidity to
address near-term challenges posed by the state's ongoing budget
impasse. Weak operating cash flow, a demographically challenged
core market, and transition-risk are offsetting credit factors.

The Ba2 rating on the COPs reflects the increasing credit risk due
to the university's unsecured obligation to pay and the its ability
to terminate the installment contract absent legally available
funds. Favorably, the open-system University Financing System
broaden the reserves and revenue available for payment on the COPs,
when available.

Rating Outlook

The negative outlook largely reflects the ongoing challenges
associated with the state and its protracted budget impasse. As the
university currently has thin cash flow due in part to transition
costs, the negative outlook also reflects the university's
challenges of adjusting expenses to lower state appropriations
while continuing to invest in expanded programming.

Factors that Could Lead to an Upgrade

Significant and sustained growth in liquidity

Reduced reliance on state support combined with stronger cash
flow

Factors that Could Lead to a Downgrade

Material decline in state appropriations, including on-behalf
payments, or timing delays of disbursements that harms operating
performance or the ability to meet obligations when due

Ongoing deterioration of liquidity position

Further weakening of the state's credit quality

Legal Security

The UFS bonds are secured by the net revenues of the University
Facilities System, as well as mandatory student fees and tuition
revenues, subject to the prior payment of operating and maintenance
expenses of the University Facilities System, but only to the
extent necessary. There is a rate covenant to provide 2.0 times
coverage of maximum annual debt service from pledged revenue, as
well an additional bonds test. There is no debt service reserve
fund, and accumulated surpluses from the UFS system may be used to
support any lawful purpose. In fiscal 2015, MADS coverage from
total funds available for debt service was over 16 times with the
expectation of similarly robust coverage for FY 2016.

The Certificates of Participation (COPs) are unsecured but payable
from both state-appropriated funds and from budgeted legally
available funds of the university from sources other than state
appropriations, including tuition and fees. While the COPs
typically benefit from the breadth of revenue available to pay debt
service, the lack of state appropriations and tightening operating
budget weakens this structure. The obligation to pay can be
terminated in the event that the university does not receive
sufficient state appropriations and does not have other legally
available funds.

Use of Proceeds

Not applicable

Obligor Profile

GSU is a 4-year regional public university located approximately 30
miles south of Chicago. As a key provider of education for
first-generation college students, the university implements
academic programs geared towards the specific needs of this
population.


HCR HEALTHCARE: Moody's Affirms B3 CFR & Alters Outlook to Negative
-------------------------------------------------------------------
Moody's Investors Service revised the rating outlook on HCR
Healthcare LLC to negative from stable. Moody's also affirmed the
existing ratings of HCR, including the B3 Corporate Family Rating,
B3-PD Probability of Default Rating and B1 senior secured credit
facilities ratings.

The change in the rating outlook reflects Moody's concern that HCR
will be unable to meaningfully reduce leverage and improve coverage
metrics amidst declining industry volumes and escalating master
lease payments. In addition, despite HCR's lower master lease
payments -- renegotiated in 2015 with HCP, Inc. -- Moody's believes
the magnitude of the remaining yearly lease obligations are
financially onerous on HCR and according to HCR they’re in
conversation with HCP, Inc. to further reduce the annual payments
on the master lease. Furthermore, Moody's believes HCR's maximum
senior leverage covenant will be tight throughout 2016, possibly
requiring the company to seek an amendment or waiver.

The following is a summary of Moody's ratings:

HCR Healthcare LLC:

Ratings affirmed:

Corporate family rating at B3

Probability of default rating at B3-PD

$400 million senior secured term loan due 2018 at B1 (LGD 2)

RATINGS RATIONALE

HCR's B3 Corporate Family Rating reflects the company's significant
financial leverage when considering its sizable lease obligation.
It also reflects ongoing reimbursement pressures, the need to
renegotiate lower annual lease payments and a continued patient mix
shift to lower reimbursed Medicaid patients that negatively affect
earnings. Furthermore, Moody's believes it will be difficult for
HCR to reduce leverage given that the preponderance of adjusted
debt relates to the company's sale and leaseback of skilled nursing
and assisted living facilities. In addition, Moody's expects that
challenges in growing revenue and earnings along with significant
cash outlays related to leased facilities will limit the company's
ability to meaningfully repay debt. The rating benefits from HCR's
scale, geographic diversity and strong market position in the
skilled nursing sector, which should help the company adapt to
future reimbursement changes.

The negative rating outlook reflects Moody's expectation that the
company's key credit metrics will remain weak as patient volumes at
skilled nursing facilities will remain pressured, which will limit
utilization. Additionally, availability under the company's
liquidity sources will remain limited over the next four quarters.

Moody's could downgrade the rating if there are further negative
developments around future reimbursement levels or if HCR is unable
to renegotiate lower rent payments under its master lease agreement
to an amount that provides improved credit metrics and cash flow.
In addition, if the company engages in debt-financed acquisitions
or its liquidity profile weakens, the rating could be downgraded.

Moody's could upgrade the ratings if the company can substantially
grow earnings and cash flow so that key credit metrics materially
improve. In addition, Moody's will need to see both the
reimbursement rate environment and patient volumes stabilize. If
Moody's comes to expect leverage -- using the GAAP presentation of
the financing obligation -- improving to around 6.5 times, the
rating could be upgraded.

Headquartered in Toledo, Ohio, HCR Healthcare LLC, provides a range
of health care services, including skilled nursing care, assisted
living, post-acute medical and rehabilitation care, hospice care,
home health care and rehabilitation therapy. HCR is owned by
private equity sponsor The Carlyle Group, HCP, Inc. and management.
For the LTM period ended March 31, 2016, HCR generated $4.1 billion
in revenues.


HERCULES OFFSHORE: Asks Court to Enforce Automatic Stay
-------------------------------------------------------
Hercules Offshore, Inc., and its debtor affiliates ask the U.S.
Bankruptcy Court to enforce  the automatic stay, ipso facto, and
non-discriimination provisions of the Bankruptcy Code.

According to the Debtors, they need the following key protections
afforded to debtors under the Bankruptcy Code: (a) the automatic
stay provisions of Section 362, (b) the prohibition of Section 365
against terminating executory contracts or unexpired leases due to
ipso facto provisions, and (c) the prohibition against
discriminatory treatment by governmental units contained in section
525 to ensure that the Debtors' operations are not disrupted and
ability to successfully monetize their assets is not impacted by
enforcement actions or the exercise of self-help remedies initiated
by non-U.S. creditors, customers, governmental units, or other
parties in interest.

Counsel for Hercules Offshore, Inc. and its debtor affiliates:

       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
       Telephone: (302) 658-9200
       Facsimile: (302) 658-3989
       Email: rdehney@mnat.com
              eschwartz@mnat.com
              mharvey@mnat.com

       -- and --

       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
       Telephone: (212) 872-1000
       Facsimile: (212) 872-1002
       Email: 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
       Telephone: (202) 887-4000
       Facsimile: (202) 887-4288
       Email: keide@akingump.com

             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 and Morris, Nichols, Arsht & Tunnell LLP as
co-counsel.


HERCULES OFFSHORE: Can Access Cash Collateral Until September 1
---------------------------------------------------------------
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District
of Delaware authorizes Hercules Offshore, Inc., and its debtor
affiliates to use the Prepetition Collateral, including the Cash
Collateral, until September 1, 2016, and grants the Prepetition
Secured Parties adequate protection.

The Court has also scheduled a final hearing on July 14, 2016, to
consider the Debtors' request and any objections or responses to
entry of a Final Order are required to be filed no later than July
7.

The Debtors asserts that their ability to conduct an orderly
wind-down of their operations and maximize value for distribution
among their stakeholders is largely dependent upon their ability to
access and monetize the Prepetition Collateral.  The Debtors also
rely on the Cash Collateral to fund working capital, capital
expenditures, research and development efforts, and for other
general corporate purposes to satisfy payroll, pay suppliers, meet
overhead, pay utility expenses, as well as make any other payments,
which are essential for the continued management of the Debtors'
businesses as the Debtors attempt to implement a controlled
wind-down of their operation.  As of the Petition Date, the Debtors
have Cash Collateral in the approximate amount of $208 million.

A full-text copy of the Interim Cash Collateral Order dated June 7,
2016 is available at https://is.gd/LaNigV

A full-text copy of the Cash Collateral Motion dated June 6, 2016,
with Budget is available at https://is.gd/CyMRFU

Proposed Counsel for Hercules Offshore, Inc. and its debtor
affiliates:

       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
       Telephone: (302) 658-9200
       Facsimile: (302) 658-3989
       Email: rdehney@mnat.com
              eschwartz@mnat.com
              mharvey@mnat.com

       -- and --

       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
       Telephone: (212) 872-1000
       Facsimile: (212) 872-1002
       Email: 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
       Telephone: (202) 887-4000
       Facsimile: (202) 887-4288
       Email: keide@akingump.com

           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 and Morris, Nichols, Arsht & Tunnell LLP as
co-counsel.


HF RESOURCES: 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 HF Resources, LLC.

HF Resources, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.S.C. Case No. 16-02658) on May 28, 2016.
The Debtor is represented by Robert H. Cooper, Esq., at The Cooper
Law Firm.


HI-TEMP SPECIALTY: Hires Diconza Traurig as Counsel
---------------------------------------------------
Hi-Temp Specialty Metals, Inc., seeks permission from the
Bankruptcy Court to employ DiConza Traurig Kadish LLP as its
bankruptcy counsel, nunc pro tunc to the Petition Date. Subject to
the Court's approval, DTK will render professional services to the
Debtor for general matters in connection with its Chapter 11 case,
which may include, but are not limited to the following:

   (a) negotiate with representatives of creditors and other
       parties-in-interest;

   (b) take necessary action to protect and preserve the Debtor's
       estate;

   (c) advise the Debtor of its rights, powers, and duties as
       debtor-in-possession under Chapter 11 of the Bankruptcy
       Code;

   (d) prepare on behalf of the Debtor, motions, applications,    
       schedules, answers, orders, reports and papers necessary to
       the administration of the estate;

   (e) advise the Debtor in reviewing, estimating, and resolving
       claims asserted against the estate;

   (f) appear before the Court and any appellate courts and
       protect the interests of the Debtor and its estate; and

   (g) perform other necessary legal services and provide other
       necessary legal advice to the Debtor in connection with the

       Chapter 11 case.

To the best of the Debtor's knowledge, DTK is a "disinterested
person," as that phrase is defined in Section 101(14) of the
Bankruptcy Code and as modified by Section 1107(b) of the
Bankruptcy Code.

The Debtor engaged DTK as counsel in May 2016 and advanced $37,500
in three separate payments for professional services to be rendered
and expenses to be charged by the firm in connection with the
Debtor's Chapter 11 case.  In addition, on the Petition Date, the
Debtor advanced $1,717 to the DTK Firm as reimbursement of the
Chapter 11 filing fee.  The fees and expenses incurred by DTK
through the Petition Date have not yet been determined.

The hourly rate charged by Gerard DiConza, the primary attorney
providing the services on this engagement, is $605 per hour.  The
current hourly rates of the attorneys at DTK range between $375 and
$645 per hour and paralegal rates range between $150 and $195 per
hour.  The Debtor has agreed to reimburse DTK in accordance with
its customary reimbursement policies.

                           About Hi-Temp

Founded in 1982, Hi-Temp Specialty Metals, Inc. is a recycler and
provider of specialty recycled metals for the super alloy industry.
Hi-Temp is a wholly-owned subsidiary of Hi-Temp Acquisition Corp.,
Inc.  Joseph Smokovich owns 87% of HTAC common stock and the
remaining 13% is owned by Larry Stryker, a former employee.
Hi-Temp employs between 20-25 people.

On June 22, 2016, Hi-Temp filed a voluntary petition in the U.S.
Bankruptcy Court for the Eastern District of New York.  The case is
assigned to Judge Louis A. Scarcella.  The petition, signed by
President and Chief Executive Officer Joseph Smokovich, estimates
assets in the range of $10 million to $50 million and liabilities
of up to $50 million.


HI-TEMP SPECIALTY: Taps Cohnreznick Capital as Investment Banker
----------------------------------------------------------------
Hi-Temp Specialty Metals, Inc., filed an application with the
Bankruptcy Court seeking permission to employ CohnReznick Capital
Market Securities, LLC as its investment banker.

Pursuant to the Engagement Agreement, CRCMS will assist and advise
the Debtor with many aspects of its Chapter 11 case, including but
not limited to, the following:

   (a) evaluating the business, operations and financial position
       of the Debtor;

   (b) analyzing the business, operations and financial position
       of the Debtor and preparing it for a financing, and
       recommending financial and strategic alternatives with
       respect to the financing;

   (c) assisting the preparation of materials, including business,
       financial information, and descriptive memoranda, to be
       provided to potential lenders and investors, preparing
       the Debtor for the marketing process, and contacting
       prospective lenders and investors;

   (d) assisting the Debtor in establishing criteria for potential
       lenders and investors, identifying, screening and ranking
       prospective investors, and evaluating proposals received
       from potential lenders and investors;

   (e) counseling the Debtor on negotiations with the potential
       providers of capital and their advisors;

   (f) directing and coordinating the due diligence process;

   (g) providing timely reporting to the Debtor and its current
       lenders on the status and progress of the above;

   (h) assisting the Debtor and its other advisors through a
       transaction that results in the closing of a new financing,
       investment or sale of the Debtor's assets through Section
       363 sale or 1129 of the Bankruptcy Code; and

   (i) advising the Debtor on other matters that may arrive from
       time to time during its engagement.

The Debtor has agreed to the following compensation arrangement:

Retainer Fee: CRCMS received a retainer of $50,000 in advance of
               the filing.  No other retainer or fees are due
               until a Transaction is approved by the court.

Financing Fee: Subject to Bankruptcy Court review and approval, in

               the event the Debtor completes a Financing, then
               CRCMS will earn a fee equal to the higher of
               $200,000 or: i) 6.0 percent (600 basis points) on
               any new equity investment, including preferred and
               common private equity; ii) 3.5 percent (350 basis
               points) on any mezzanine debt capital issued, if
               any; and iii) 1.5 percent (150 basis points) on any
               new commitment of senior secured bank debt.

Transaction Fee: In the event that the Debtor enters into one or  
                 more preliminary or definitive agreements or
                 transactions pursuant to which directly or
                 indirectly, control of or a majority interest in
                 the Debtor (including, without limitation, a
                 majority of the outstanding capital stock of the
                 Debtor) or its subsidiaries or affiliates, or any

                 of their respective businesses, or a majority of
                 their respective assets are to be transferred for
                 consideration, whether through a sale under
                 Section 363 or 1129 of the Bankruptcy Code,
                 and such preliminary or definitive agreement or
                 transaction is entered into prior to consummation
                 of the Financing and during, or within 12 months
                 following termination of, the term of CRCMS'
                 engagement hereunder, then the Debtor will pay to
                 CRCMS, upon the consummation of the Transaction,
                 as consideration for its services, an advisory
                 fee equal to the greater of $200,000 or 3.0
                 percent (300 basis points) of the full
                 transaction value of the Transaction, including
                 without limitation all consideration paid or
                 payable by an acquiring party to a selling party
                 in connection with such Transaction.  
                 Notwithstanding the foregoing, any transaction in
                 which securities of the Debtor are issued shall
                 constitute a Financing and not a Transaction.

Expenses: In addition to the fees, subject to Bankruptcy Court
          review and approval the Debtor will pay CRCMS's
          reasonable out-of-pocket expenses in carrying out
          its duties under this engagement, including
          reimbursement for the use of data base services.
          Aggregate expenses will not exceed $10,000 without the
          expressed written consent of the Debtor.

The Debtor requests that CRCMS be excused from maintaining detailed
time records in connection with the services to be rendered
pursuant to the Engagement Agreement.  According to the Debtor,
time records are unnecessary and unduly burdensome for investment
banking services, especially given that the Financing or
Transaction fees are payable entirely on a contingency basis, and
requests a waiver of such requirements in connection with the
services to be provided by CRCMS.

CRCMS will file a final fee application including a summary of all
fees earned and expenses to be reimbursed in this Chapter 11 case.

To the best of the Debtor's knowledge, CRCMS is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code, as required by Section 327(a) of the Bankruptcy Code.

                      About Hi-Temp

Founded in 1982, Hi-Temp Specialty Metals, Inc. is a recycler and
provider of specialty recycled metals for the super alloy industry.
Hi-Temp is a wholly-owned subsidiary of Hi-Temp Acquisition Corp.,
Inc.  Joseph Smokovich owns 87% of HTAC common stock and the
remaining 13% is owned by Larry Stryker, a former employee.
Hi-Temp employs between 20-25 people.

On June 22, 2016, Hi-Temp filed a voluntary petition in the U.S.
Bankruptcy Court for the Eastern District of New York.  The case is
assigned to Judge Louis A. Scarcella.  The petition, signed by
President and Chief Executive Officer Joseph Smokovich, estimates
assets in the range of $10 million to $50 million and liabilities
of up to $50 million.

The Company has engaged Diconza Traurig Kadish LLP as counsel.


HIGH RIDGE MANAGEMENT: Plan Solicitation Deadline Moved to Aug. 30
------------------------------------------------------------------
The Hon. John K. Olson of the U.S. Bankruptcy Court for the
Southern District of Florida has extended, at the behest of High
Ridge Management Corp., Hollywood Hills Rehabilitation Center, LLC,
and Hollywood Pavilion, LLC, the exclusive period within which only
the Debtors may file a plan of reorganization and
to solicit acceptances of that plan through June 30, 2016, and Aug.
30, 2016, respectively.

As reported by the Troubled Company Reporter on June 2, 2016, the
Debtors said that they would benefit from additional time to
resolve as many claims and claim objections as possible.  In
addition, while the Debtors have been able to negotiate certain
terms of a plan with the Official Committee of Unsecured Creditors,
there are several provisions which the Debtors, Committee and
holders of equity interests continue to work through.  The Debtors
have continued to make progress on claims, whether by objection or
resolution.  The Debtors previously settled with their largest
creditor, Hollywood Property Investments, LLC, which settlement was
approved by the Court.  Further, the Debtors have negotiated a
settlement with Jeffrey H. Byrd, as relator, of the qui tam claims
filed against the High Ridge and Pavilion estates (the largest
claims against those respective estates), and have filed a motion
seeking to approve the settlement.  

                          About High Ridge

High Ridge Management Corp., Hollywood Pavilion and Hollywood Hills
Rehabilitation Center LLC, sought Chapter 11 protection (Banrk.
S.D. Fla. Lead Case No. 15-16388) in Fort Lauderdale, Florida, on
April 8, 2015.  Judge John K Olson presides over the jointly
administered cases.

High Ridge estimated $10 million to $50 million in assets and
debt.

High Ridge owns real property located at 1200 North 35th Avenue and
1201 North 37th Avenue, Hollywood, Florida, and is the landlord of
Pavilion and Hollywood Hills.  Before executing a management
agreement with Larkin Community Hospital, Pavilion was operating a
50-bed Florida-licensed mental health hospital on the real
property.  Before the appointment of a receiver, Hollywood Hills
operated a 152-bed Florida-licensed nursing home on the real
property.

High Ridge is the 100 percent owner of the membership interests in
Hollywood Hills and Pavilion.  Prior to Jan. 14, 2014, when a
receiver was appointed, High Ridge managed the operations for
Pavilion and Hollywood Hills.

Timothy R Bow, Esq., and Grace E. Robson, Esq., at Markowitz Ringel
Trusty + Hartog, P.A., in Fort Lauderdale, Florida, serve as the
Debtors' counsel.


HOWARD UNIVERSITY: Moody's Assigns Ba1 Rating on 2016 Bank Bonds
----------------------------------------------------------------
Moody's Investors Service has assigned a Ba1 bank bond rating to
Howard University's Taxable Bonds, Series 2016. The $160 million
bonds are supported by a letter of credit from Barclays. At the
same time, the Ba2 rating on the Series 2011 A and Series 2011 B
bonds issued through the District of Columbia has been affirmed.
The bank bond rating is one notch higher because of the materially
stronger legal security.

The secured Ba1 and unsecured Ba2 ratings reflect Howard's federal
funding, District of Columbia location and real estate value, and
market reputation as a large Historically Black College and
University. These strengths are offset by thin operating
performance and revenue pressures from a patient care enterprise
with high Medicaid exposure and price sensitive student market. The
university also has thin working capital and significant deferred
maintenance. Additionally, the university has significant fixed
costs including debt service, pension and healthcare benefits.

Rating Outlook

The negative outlook reflects the sustained market challenges
impacting Howard's student and patient care markets. Ongoing
revenue deterioration will negatively impact cash flow and the
resulting debt service coverage, making it difficult to
meaningfully rebuild operating liquidity.

Factors that Could Lead to an Upgrade

Significant and sustained improvement in operating performance

Material improvement in hospital's competitive profile or
successful spin off of hospital

Demonstrated strengthening of student demand

Ongoing gains in unrestricted liquidity

Factors that Could Lead to a Downgrade

Inability to generate sufficient cash flow from operations
to cover debt service

Material decline in tuition and auxiliary revenue

Rising losses from health care operations and/or a cut in
the federal appropriation

Marked decline in total cash and investments including
unrestricted cash and investments

Significant increase in debt

Legal Security

Howard's obligation to repay Barclays Bank PLC under the
Reimbursement Agreement supporting the Taxable Bonds, Series 2016
is secured by pledged revenues including student tuition and fees
and a mortgage pledge on certain real estate to be executed by
September 30, 2016. The same pledge secures a proposed new $75
million line of credit with JPMorgan Chase Bank. The university has
covenanted to provide an executed mortgage equal to at least $237.4
million (or lesser amount subject to bank approval) by September
30, 2016. Failure to provide the mortgage by that date would
constitute an event of default, granting the bank rights and
remedies including demanding immediate repayment.

The Series 2011A and 2011B Revenue Bonds are unsecured general
obligations, additionally secured by a debt service reserve fund
and other funds created under the indenture. The debt service
reserve fund for the Series 2011A bonds only, holds approximately
$12.6 million and was established at 50% of maximum annual debt
service. There is a rate covenant of 1.1 times and an additional
bonds test that requires a certificate of the university's chief
financial officer concluding that projected debt service coverage
will be at least 1.1 times upon issuance and, on a pro forma basis
for the following fiscal year. If the debt service coverage falls
below 1.1 times, the university will not be in default as long as
it hires a consultant and does not drop below 1 times coverage as
defined in the Loan Agreement.

Use of Proceeds

Proceeds from the $160 million taxable borrowing will primarily be
used to repay the $95 million multi-bank credit agreement and to
meaningfully reduce accounts payable.

Obligor Profile

Howard University is a private not-for-profit historically black
college and university in Washington, D.C. with approximately 9,400
full-time equivalent students and $800 million in operating
revenue. It is known for its undergraduate health sciences,
business, marketing, and communication programs as well as its
graduate programs in business, law, and medicine. The university
owns the Howard University Hospital where medical students do their
internships, residencies, and/or fellowships and where members of
its faculty practice provide clinical services. The university has
several subsidiaries engaged in international initiatives such as
technical assistance programs in Malawi.


INTERNATIONAL BRIDGE: Wants Plan Filing Deadline Moved to Sept. 28
------------------------------------------------------------------
International Bridge Corporation asks the U.S. Bankruptcy Court for
the District of Kansas, to extend its exclusive period to file its
disclosure statement and plan of reorganization to Sept. 28, 2016,
and the time during which it may solicit acceptance of its Plan of
Reorganization to Nov. 27, 2016.

The Debtor was previously granted three extensions of the
Exclusivity Period, the most recent until June 30, 2016, to file
its Disclosure Statement and Plan of Reorganization, and two
extensions of the time during which the Debtor may solicit
acceptance of its Plan of Reorganization, the most recent until
Aug. 29, 2016.

Prior to the Filing Date, the Debtor was involved in the submission
of claims submitted to the United States Department of Navy
pursuant to Contract Disputes Act under Contract Number
N62742-08-C-1301 FY08 MCON P-502, stemming from disputes regarding
work performed on the Kilo Wharf Extension for the Department of
the Navy at the Commander Naval Regional Marianas, Main Base,
Guam.

In conjunction with the CDA Claims, the Debtor is represented by
Wyatt A. Hoch of Foulston Siefkin, LLP.  The CDA Claims are pending
before a Navy Contracting Officer for decision, and a decision is
central to the instant bankruptcy case.  However, a decision will
not be made in time for Debtor to file its Chapter 11 Bankruptcy
Plan by the June 30, 2016 deadline.  Counsel for the Debtor
previously confirmed that the decision on the CDA Claims had been
pushed back to June of 2016.  However, as of June 29, 2016, a
decision has not been received.

The Debtor's counsel can be reached at:

     Wesley F. Smith, Esq.
     STEVENS & BRAND, LLP
     900 Massachusetts, Suite 500
     P.O. Box 189
     Lawrence, Kansas 66044
     Tel: (785) 843-0811
     Fax: (785) 843-0341
     E-mail: WSmith@StevensBrand.com

              About International Bridge Corporation

International Bridge Corporation, a contractor for government
projects in the South Pacific and Guam, sought Chapter 11
protection (Bankr. D. Kan. Case No. 15-20951) in Kansas City on May
7, 2015.  Robert Toelkes, the sole shareholder and manager, signed
the petition.  The Debtor disclosed total assets of $17.4 million
and total debt of $27.4 million.

The case is assigned to Judge Robert D. Berger.  The Debtor tapped
Stevens & Brand, LLP, as its counsel.  Foulston Siefkin, LLP,
serves as the Debtor's special litigation counsel.  Robert G.
Nath, PLLC, represents the Debtor as special tax counsel.


J.T.P. CORP: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of J.T.P. Corp.

In a June 29 filing with the U.S. Bankruptcy Court for the District
of Colorado, the Office of the U.S. Trustee disclosed that "there
were too few unsecured creditors" who are willing to serve on a
creditors' committee.

J.T.P. Corp. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 16-15232) on May 25, 2016.  The
Debtor is represented by Robert J. Shilliday, III, Esq., at
Shilliday Law, P.C.


JOHN Q. HAMMONS HOTELS: Can Continue Normal Operations
------------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that the Missouri hotel company founded by John Q. Hammons,
received court permission Tuesday to continue operating its
business as usual.

Judge Robert D. Berger of the U.S. Bankruptcy Court in Kansas City,
Kan., signed off on the company's request to continue using its
cash for bills, paying its more than 4,000 employees and honoring
customer reward programs. The permission to spend cash was granted
on an interim basis, with parties scheduled to return to court July
15 for a final hearing.

Although companies traditionally file for chapter 11 bankruptcy to
restructure or liquidate because of insurmountable debts, the laws
offer benefits that appeal even to some financially stable
companies. Among those benefits is the automatic stay provision,
which halts pending litigation against a bankrupt debtor.

The John Q. Hammons bankruptcy filing comes ahead of a July 26
trial in the Chancery Court of Delaware to determine whether the
company must sell its assets. That litigation is temporarily halted
because of the bankruptcy filing.

The case in Delaware involves a 2005 buyout of some of the Hammons
hotel business by Jonathan Eilian, the former managing director of
private-equity giant Starwood Capital Group.

Mr. Eilian purchased 43 Hammons hotel properties. Mr. Hammons, who
died in 2013, received an equity interest in the acquiring company,
preferred stock valued at $328 million and $300 million in lines of
credit in exchange.

The deal's complicated structure was devised to provide Mr. Hammons
with cash without triggering capital-gains taxes associated with a
sale, according to court papers.

As part of the deal, Mr. Eilian received a right of first refusal
to buy the 35 Hammons-owned hotels that weren't included in the
2005 buyout. Those 35 hotels are now in bankruptcy.

After Mr. Hammons's death and the liquidation of a partnership
between Messrs. Hammon and Eilian, a Delaware court ruled that the
right of first refusal was valid and the trust was required to sell
the hotels to Mr. Eilian.

In a pretrial hearing last fall, Vice Chancellor J. Travis Laster
of Delaware'sCourt of Chancery said the Hammons trust and companies
were "serial and ongoing breachers" that "have made zero efforts"
to sell the hotels.

At the bankruptcy hearing a lawyer Mr. Eilian's group noted that
the company isn't insolvent and said during a news conference
Monday that it is as financially healthy as it has ever been. He
added that the Hammons hotels' decision to file for bankruptcy was
only to try to avoid the trial and that the group is assessing its
rights in the situation.

             About John Q. Hammons Hotels & Resorts

Springfield, Mo.-based John Q. Hammons Hotels & Resorts (JQH) --
http://www.jqhhotels.com/-- is a private, independent owner and  
manager of hotels in the United States, representing brands such
as: Marriott, Hilton, Embassy Suites by Hilton, Sheraton, IHG,
Chateau on the Lake Resort / Spa & Convention Center, and Plaza
Hotels Collection.  It has portfolio of 35 hotels representing
approximately 8,500 guest rooms/suites in 16 states.

John Q. Hammons Hotels & Resorts on June 27, 2016, disclosed that
the family of companies, the Revocable Trust of John Q. Hammons,
and their related affiliates, have filed voluntary petitions
(Bankr. D. Ks. Case No. 16-21139 to Case No. 16-21208) to
restructure under Chapter 11 of the U.S. Bankruptcy Code in the
United States Bankruptcy Court of the District of Kansas at Kansas
City.

The Debtors are represented by Mark A. Shaiken, Esq., Mark S.
Carder, Esq., and Nicholas Zluticky, Esq., at Stinson Leonard
Street LLP, in Kansas City, Missouri.  The Debtors conflict counsel
is Victor F Weber, Esq., at Merrick Baker and Strauss PC, in Kansas
City, Missouri.

At the time of filing, the Debtors had $100 million to $500 million
in estimated assets and $100 million to $500 million in estimated
liabilities.

The petitions were signed by Greggory D Groves, vice president.


JOHNS-MANVILLE CORP: Court Enjoins L. Berry's Asbestos-related Suit
-------------------------------------------------------------------
Judge Cecelia G. Morris of the United States Bankruptcy Court for
the Southern District of New York granted the emergency motion
filed by Graphic Packaging International for enforcement of the
confirmation orders of the Johns-Manville Corporation and the
Manville Forest Products Corporation.

By its motion, Graphic sought to enjoin the lawsuit of plaintiff,
Lynda Berry, brought in Louisiana state court against Graphic for
alleged asbestos liability.  Graphic argued that as it is a
successor of MFP, a bankruptcy debtor and a wholly-owned subsidiary
of Manville, Berry must first pursue her asbestos claims against
the Manville Personal Injury Trust (the "Trust").  In response,
Berry argued that her lawsuit should not be enjoined as her claims
were not discharged or enjoined by the MFP confirmation order, MFP
is not a beneficiary of the Manville confirmation order or
channeling injunction, and Graphic has waived its right to enforce
the bankruptcy Confirmation Orders and injunction.  Berry also
argued that she did not receive due process.

Judge Morris granted Graphic's motion for an order enjoining
Berry's state law claims against Graphic as a successor to MFP.
Berry's claims against Graphic in her state court action, currently
pending in the Fourth Judicial District for the Parish of Ouachita
in the State of Louisiana, seeking to recover for any injuries
resulting from her exposure to asbestos were enjoined pursuant to
MFP's discharge injunction and the Manville channeling injunction.
To the extent Berry asserted claims in her state court action
against Manville or MFP seeking to recover for any injuries
resulting from her exposure to asbestos, they too are enjoined
pursuant to the discharge injunction.  Berry's only recourse is to
submit a claim to the Manville Trust.

The cases are In re: JOHNS-MANVILLE CORP. ET AL., Debtors, Case
Nos. 82 B 11656 (CGM) through 82 B 11676 (CGM) inclusive (Bankr.
S.D.N.Y.) and In re: MANVILLE FOREST PRODUCTS CORPORATION, Debtor,
Case No. 82 B 11659 (CGM) (Bankr. S.D.N.Y.).

A full-text copy of Judge Morris' June 30, 2016 order is available
at http://bankrupt.com/misc/nysb82-11656-4243.pdf.

The United States Trustee is represented by:

          Alicia Leonhard, Esq.
          UNITED STATES TRUSTEE
          271 Cadman Plaza East, Suite 4529
          Brooklyn, NY 11201

Graphic Packaging International, Inc. is represented by:

          James I. McClammy, Esq.
          Rebecca L. Martin, Esq
          DAVIS POLK & WARDWELL, LLP
          450 Lexington Avenue
          New York, NY 10017
          Tel: (212)450-4000
          Fax: (212)701-5800
          Email: james.mcclammy@davispolk.com
                 rebecca.martin@davispolk.com

            -- and --

          J. Eric Lockridge, Esq.
          KEAN MILLER, LLP
          400 Convention Street #700
          P.O. Box 3513
          Baton Rouge, LA 70802
          Tel: (225)387-0999
          Fax: (225)388-9133
          Email: eric.lockridge@keanmiller.com

Lynda Berry is represented by:

          Natalie D. Ramsey, Esq.
          Mark A. Fink, Esq.
          MONTGOMERY MCCRACKEN WALKER & RHOADS LLP
          1105 North Market Street
          Wilmington, DE 19801
          Tel: (302)504-7800
          Fax: (302)504-7820
          Email: nramsey@mmwr.com
                 mfink@mmwr.com

            -- and --

          Charles W. Branham, III, Esq.
          DEAN OMAR & BRANHAM, LLP
          3900 Elm Street
          Dallas, TX 75226
          Tel: (855)722-5910


                    About Johns-Manville

Johns-Manville Corp. was, by most sources, the largest
manufacturer of asbestos-containing products and the largest
supplier of raw asbestos in the United States from the 1920s until
the 1970s.  Manville sold raw asbestos to manufacturers of
asbestos-based products in 58 countries and distributed its own
asbestos-based products "across the entire spectrum of industries
and employment categories subject to asbestos exposure."

As a result of studies linking asbestos with respiratory disease,
Manville became the target of a growing number of products
liability lawsuits in the 1960s and 1970s.  Buckling under the
weight of its asbestos liability, Manville filed for Chapter 11
protection on August 26, 1982, before Judge Lifland.

To avoid the uncertainty of insurance litigation and to fund its
plan of reorganization, Manville sought to settle its insurance
claims.  Manville obtained in excess of $850,000,000 from
settlements with its insurers.  The U.S. Bankruptcy Court for the
Southern District of New York entered an order confirming the
Debtors' Second Amended and Restated Plan of Reorganization on
Dec. 22, 1986.


K & C LV INVESTMENTS: Case Summary & 18 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: K & C LV Investments, Inc.
           fka K & C LV Investments, LLC
        2020 Red Rock St.
        Las Vegas, NV 89146

Case No.: 16-13605

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       District of Nevada (Las Vegas)

Judge: Mike K. Nakagawa

Debtor's Counsel: Seth D Ballstaedt, Esq.
                  THE BALLSTAEDT LAW FIRM
                  9555 S. Eastern Ave, Ste #210
                  Las Vegas, NV 89123
                  Tel: (702) 715-0000
                  Fax: (702) 666-8215
                  E-mail: seth@ballstaedtlaw.com

Total Assets: $827,210

Total Liabilities: $2.69 million

The petition was signed by Wagih Kamar, president.

A list of the Debtor's 18 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nvb16-13605.pdf


KALOBIOS PHARMA: Exits Ch.11 Bankruptcy; Buys Savant Rights
-----------------------------------------------------------
KaloBios Pharmaceuticals, Inc., a developmental stage
biopharmaceutical company focused on advancing medicines for
patients with neglected and rare diseases, on July 1 disclosed that
it has emerged from Chapter 11 bankruptcy and has also acquired the
rights from Savant Neglected Diseases LLC to develop benznidazole
for the treatment of Chagas disease.

"The Company has risen from the ashes with a great deal of hard
work and new thinking on how a biopharmaceutical company can
operate and a clear vision to move forward as a successful,
positive leader in our industry," said Cameron Durrant, MD,
KaloBios chairman and CEO.  "As one of the few companies solely
focused on neglected and rare diseases, KaloBios will continue to
move swiftly and apply itself to the real task of bringing patients
crucial treatments they need, but to which they may not have
access.  We also see a unique opportunity to bring new ideas to
address concerns, such as drug pricing, for all stakeholders in
healthcare -- with our Responsible Pricing Model as just the
beginning."

Under the terms of the agreement with Savant, the Company has made
an upfront payment of $3 million and issued to Savant a warrant to
purchase 200,000 shares of KaloBios common stock.  The agreement
includes milestones and royalties in connection with the
development and potential approval and commercialization of
benznidazole.  If approved, the Company may receive a Priority
Review Voucher.

KaloBios' reorganization plan was overwhelmingly accepted by its
creditors and other stakeholders and thereafter was confirmed by
the Delaware bankruptcy court on June 16, 2016.

The exit equity financing of $11 million comes on top of a $3
million debtor-in-possession loan funded in May 2016, with both
financings provided by investors Black Horse Capital LP, Black
Horse Capital Master Fund Ltd., Cheval Holdings Ltd. and Nomis Bay
Ltd.  This additional liquidity provides a firm base to support the
Company's operations going forward.  In connection with the
bankruptcy exit, the debtor-in-possession loan converted into
shares of KaloBios common stock.

Black Horse Capital managing member Dr. Dale Chappell will join the
KaloBios Board of Directors effective immediately.  In addition,
current Board member David Moradi has stepped down after helping to
successfully guide the company through the bankruptcy process.  Dr.
Durrant and Ronald Barliant will remain on the Board of Directors.
Ezra Friedberg and Timothy Morris will also join the Board of
Directors as designees of the investors.

"On behalf of the Board of Directors, I want to thank David for his
dedication, perseverance and commitment to KaloBios and its vision
to emerge as a truly different kind of biopharmaceutical company.
We are well on our way thanks to a clear strategy and an intense
period of a lot of hard work by a small, focused and competent
team," said Dr. Durrant.

"I am pleased that KaloBios is emerging from Chapter 11 with a
clear path forward as a stronger, more focused company," said Mr.
Moradi.  "This positive outcome for all stakeholders is the result
of the tireless efforts of the Company's Board of Directors,
management, employees and advisors over the past several months."

KaloBios will file a report on Form 8-K to the Securities and
Exchange Commission within the required timeframe.

                  About KaloBios Pharmaceuticals

Based in South San Francisco, Calif., KaloBios Pharmaceuticals,
Inc., is a company biopharmaceutical company focused on the
development of monoclonal antibody therapeutics.

KaloBios Pharmaceuticals (Nasdaq: KBIO) on Dec. 29, 2015, filed a
voluntary petition for bankruptcy protection under Chapter 11 of
Title 11 of the United States Bankruptcy Code.  The filing was made
in the U.S. Bankruptcy Court for the District of Delaware (Case No.
15-12628).

The Company is represented by Eric D. Schwartz of Morris, Nichols,
Arsht & Tunnell.

No trustee, examiner or committee has been appointed in this
Chapter 11 case.


KIM ANH PHAN: El Morro Property Sale for $830K Approved
-------------------------------------------------------
Judge Mark S. Wallace of the U.S. Bankruptcy Court for the Central
District of California, Santa Ana Division, authorized Kim Anh Pah
to sell property located at 10645 El Morro Circle, Fountain Valley,
CA, to Le Quyen Uong for $830,000.

The sale of the El Morro Property is free and clear of all liens,
claims, and encumbrances, with such liens, claims, and encumbrances
to attach to the proceeds of sale where appropriate with the same
validity and priority as they currently have in the El Morro
property.

Escrow is directed to pay any and all necessary costs of closing
including real estate commissions directly to the selling and
purchasing brokers.

Escrow will also turn over the net proceeds from the sale of the El
Morro property to the attorney-client trust account of Andrew S.
Bisom.  The proceeds will remain in Mr. Bisom's trust account until
further order of the Court.

Kim Anh Phan sought Chapter 11 protection (Bankr. C.D. Cal. Case
No. 15-13640) on March 10, 2015.

Attorney for the Debtor:

          Andrew Bisom
          THE BISOM LAW GROUP
          300 Spectrum Center Drive, Suite 1170
          Irvine, CA. 92618
          Telephone: (714) 643-8900
          Facsimile: (714) 643-8901
          E-mail: abisom@bisomlaw.com


KOMODIDAD DISTRIBUTORS: Cash Collateral Budget Extended to July 8
-----------------------------------------------------------------
Judge Enrique S. Lamoutte of the U.S. Bankruptcy Court for the
District of Puerto Rico approves the extension of interim cash
collateral budget sought by Komodidad Distributors, Inc. and its
affiliated debtors, and FirstBank Puerto Rico, and extended the
cash collateral period from June 25, 2016 through and including
July 8, 2016.

Likewise, Judge Lamoutte allows the Parties to substitute the
version of the Exhibit B attached to their Joint Urgent Motion for
Extension of Interim Budget for the Parties submitted a version
that is inaccurate on its footnotes.

Attorneys for Komodidad Distributors, Inc. and its affiliated
debtors:

       Javier Vilariño, Esq.
       VILARIÑO & ASSOCIATES LLC
       301 Recinto Sur Street, Suite 305
       Gallardo Building
       San Juan, PR 00902
       Telephone: 787-565-9894
       Email: jvilarino@vilarinolaw.com

Attorneys for FirstBank Puerto Rico:

       Zachary H. Smith, Esq.
       MOORE & VAN ALLEN, PLLC
       100 North Tryon Street, Suite 4700
       Charlotte, NC 28202
       Telephone: (704) 331-1046
       Email: zacharysmith@mvalaw.com

       -- and --

       Antonio A. Arias, Esq.
       Lina M. Soler/Rosario, Esq.
       MCCONNELL VALDES, LLC
       P.O. Box 364225
       San Juan, Puerto Rico 00936-4225
       Telephone: (787) 250-5604
       Email: aaa@mcvpr.com
              lms@mcvpr.com

           About Komodidad Distributors

Komodidad Distributors, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-04161) on May 25, 2016.  The
petition was signed by Jorge Galliano, president.  The Hon. Enrique
S. Lamoutte Inclan presides over the case.  The Debtor estimated
assets of $50 million to $100 million and estimated debts of $10
million to $50 million.

Komodidad Distributors' Chapter 11 case is jointly administered
with those of G.A. Design & Sourcing, Inc., GMAXPORT, Inc., G.A.
Investors, S.E., and G.A. Property Development, Corp., under
(Bankr. D. P.R. Case No. 16-04164).


KOMODIDAD DISTRIBUTORS: Interim Cash Collateral Use Allowed
-----------------------------------------------------------
Komodidad Distributors, Inc., et al., and FirstBank Puerto Rico
sought and obtained from Judge Enrique S. Lamoutte of the U.S.
Bankruptcy Court for the District of Puerto Rico, an interim order
authorizing the Debtors' use of cash collateral.

During the hearing on July 6, 2016, the Debtors and FirstBank
announced an agreement for the interim use of cash collateral. The
Debtors and FirstBank submitted to the Court their consensual
interim budget approved up to June 24, 2016.

Judge Lamoutte authorized the Debtors to use cash collateral until
the earlier of (i) June 24, 2016 at 11:59 p.m., which period may be
extended upon agreement between FirstBank and the Debtors, with the
approval of the Court; and (ii) the date upon which a Termination
Event occurs.

"Entry of this Interim Order is in the best interests of the
Debtors, their creditors and their estates because it will enable
the Debtors to pay such obligations during the Interim Cash
Collateral Period as are necessary to avoid immediate and
irreparable harm to the Debtors' estates and businesses," Judge
Lamoutte acknowledged.

A further hearing to consider any extension of the Interim Cash
Collateral Period, and the terms and conditions of the Debtors' use
of Cash Collateral during any such extended period, will be held on
July 5, 2016 at 9:30 a.m.

A full-text copy of the Interim Order, dated June 17, 2016, is
available at https://is.gd/P876hz

FirstBank Puerto Rico is represented by:

          Zachary H. Smith, Esq.
          MOORE & VAN ALLEN, PLLC
          100 North Tryon Street
          Suite 4700, Charlotte
          North Carolina, 28202
          Telephone: (704)331-1046
          E-mail: zacharysmith@mvalaw.com

                 - and -

         Antonio A. Arias, Esq.
         Lina M. Soler/Rosario
         MCCONNELL VALDES, LLC
         P.O. Box 364225
         San Juan, PR 00936-4225
         Telephone: (787)250-5604
         E-mail: aaa@mcvpr.com
                 lms@mcvpr.com

Komodidad Distributors, Inc. and its affiliated debtors are
represented by:

          Javier Vilariño, Esq.
          VILARIÑO & ASSOCIATES LLC
          301 Recinto Sur Street, Suite 305
          Gallardo Building
          San Juan, PR 00902
          Telephone: (787)565-9894
          E-mail: jvilarino@vilarinolaw.com

                   About Komodidad Distributors

Komodidad Distributors, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-04161) on May 25, 2016.  The
petition was signed by Jorge Galliano, president.  The Hon.
Enrique S. Lamoutte Inclan presides over the case.  The Debtor
estimated assets of $50 million to $100 million and estimated
debts of $10 million to $50 million.

Komodidad Distributors' Chapter 11 case is jointly administered
with those of G.A. Design & Sourcing, Inc., GMAXPORT, Inc., G.A.
Investors, S.E., and G.A. Property Development, Corp., under
(Bankr. D.P.R. Case No. 16-04164).


LINC USA: Seeks to Amend DIP Budget to Add $850K Insurance Payment
------------------------------------------------------------------
Linc USA GP, et al., seek authority from the U.S. Bankruptcy Court
to allow them to amend the DIP Budget attached to the Second
Interim DIP Order.

Specifically, the Debtors seek authority to amend the line item
titled Liability Insurance to provide for a single, onetime payment
of $850,000 in the week of June 26, 2016, as the Debtors need to
renew their insurance policies before July 1, 2016.

Proposed Counsel for Linc USA GP, et al.:

       Jason G. Cohen, Esq.
       William A. (Trey) Wood III, Esq.
       R. Dal Corso, Esq.
       BRACEWELL LLP
       711 Louisiana, Suite 2300
       Houston, Texas 77002
       Telephone: (713) 223-2300
       Facsimile: (713) 221-1212
       Email: Jason.Cohen@bracewelllaw.com
              Trey.Wood@bracewelllaw.com
              Chelsea.DalCorso@bracewelllaw.com

               About Linc USA GP

Each of Linc USA GP, Linc Energy Finance (USA), Inc., Linc Energy
Operations, Inc., Linc Energy Resources, Inc., Linc Gulf Coast
Petroleum, Inc., Linc Energy Petroleum (Wyoming), Inc., Paen Insula
Holdings, LLC, Diasu Holdings, LLC, Diasu Oil & Gas Company, Inc.,
Linc Alaska Resources, LLC and Linc Energy Petroleum (Louisiana),
LLC filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 16-32689) on May
29, 2016.

Linc USA GP and its subsidiaries operate an independent oil and gas
exploration and production business with a primary focus on
conventional onshore and shallow state water properties along the
Gulf Coast of Texas and properties in the Powder River Basin of
Wyoming.  The Debtors, through their majority owned subsidiary,
Renaissance Umiat, LLC (which is not a Debtor), also own oil and
gas properties in the Umiat field on Alaska's North Slope.  The
Debtors are ultimately owned by Linc Energy Ltd., an Australian
corporation established in the year 2000, shares of which were
listed on the Singapore Stock Exchange.  Linc Energy Ltd. entered
into voluntary administration in Australia on April 15, 2016.

The Debtors estimated assets in the range of $50 million to $100
million and debts of up to $500 million.  As of the Petition Date,
the Debtors estimate that they owed approximately $5.8 million to
their vendors.

Bracewell LLP serves as the Debtors' counsel.  Kurtzman Carson
Consultants LLC acts as the Debtors' notice, claims and balloting
agent.

Judge David R Jones presides over the cases.


LINNCO LLC: Extends Exchange Offer Period for Energy Units
----------------------------------------------------------
LinnCo, LLC on July 1, 2016, disclosed that it has extended the
subsequent offering period in connection with its offer to exchange
each outstanding unit of LINN Energy, LLC ("LINN") for one LinnCo
share (the "Exchange Offer") upon the terms and conditions of the
Prospectus/Offer to Exchange dated April 26, 2016 (as amended, the
"Prospectus"), and the accompanying Amended and Restated Letter of
Transmittal (the "Letter of Transmittal").

The subsequent offering period for the Exchange Offer will now
expire at 12:00 midnight (New York City time) on Monday, August 1,
2016.  American Stock Transfer & Trust Company, the exchange agent
for the Exchange Offer, has advised LinnCo that a total of
approximately 16,411,302 LINN units have been tendered during the
subsequent offering period, and LinnCo has promptly issued new
LinnCo shares for all such tendered LINN units in accordance with
the terms of the Exchange Offer.  LinnCo now owns approximately 70%
of LINN's outstanding units.

LINN unitholders who validly tender their LINN units during the
subsequent offering period will receive the same exchange ratio
provided in the initial offering period of the Exchange Offer.
Procedures for tendering LINN units during the subsequent offering
period are the same as during the initial offering period, except
that pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act
of 1934, as amended, LINN units validly tendered during the
subsequent offering period will be accepted on a daily, "as
tendered" basis and, accordingly, may not be withdrawn.

As previously announced, on May 11, 2016, LINN, LinnCo, certain of
LINN's direct and indirect subsidiaries, and Berry Petroleum
Company, LLC (collectively, the "Debtors"), filed voluntary
petitions (the "Bankruptcy Petitions") for reorganization under
Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy
Code") in the United States Bankruptcy Court for the Southern
District of Texas (the "Court").  On May 13, 2016, the Court
approved and entered an order authorizing the Company to continue
the Exchange Offer throughout the Debtors' Chapter 11 proceedings.
Any party not represented by counsel who would like to receive
electronic notifications of filings with the Court may complete the
appropriate Court-approved form, which can be obtained at the
following address:
http://www.txs.uscourts.gov/sites/txs/files/CRECFform.pdf

Copies of this form are also available on the website of LINN's
claims, noticing, and solicitation agent, Prime Clerk LLC, at
https://cases.primeclerk.com/linn

The purpose of the Exchange Offer is to permit holders of LINN
units to maintain their economic interest in LINN through LinnCo,
an entity that is taxed as a corporation rather than a partnership,
which may allow LINN unitholders to avoid future allocations of
taxable income and loss, including cancellation of debt income
("CODI"), that could result from future debt restructurings or
other strategic transactions by LINN.  In general, CODI will be
allocated to persons who are deemed to hold the LINN units when the
events giving rise to such CODI occur.  The filing of the
Bankruptcy Petitions under Chapter 11 of the Bankruptcy Code does
not itself cause LINN to recognize CODI; however, it is likely that
the final resolution of a bankruptcy plan would cause LINN to
recognize an amount of CODI, which may be substantial.

                         About LinnCo LLC

Houston-based LinnCo, LLC is a Delaware limited liability company
whose initial sole purpose was to own units representing limited
liability company interests in its affiliate, Linn Energy LLC (LINN
Energy).  LINN Energy is an independent oil and natural gas company
that trades on the NASDAQ Global Select Market (NASDAQ) under the
symbol "LINE."

KPMG LLP, in Houston, Texas, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company had income taxes
payable of approximately $30 million and cash of approximately $11
million.  The Company's only significant asset is its interest in
LINN Energy units and the Company's cash flow, which was
historically used to pay dividends to the Company's shareholders,
is completely dependent upon the ability of LINN Energy to make
distributions to its unitholders.  In October 2015, LINN Energy
suspended the payment of its distribution.  Accordingly, the
uncertainty associated with the Company's ability to meet its
obligations as they become due raises substantial doubt about its
ability to continue as a going concern, the auditors noted.

As of March 31, 2016, Linnco had $18.3 million in total assets,
$23.95 million in total liabilities, all current, and a
shareholders' deficit of $5.67 million.


LIONS GATE: Moody's Puts Ba3 CFR on Review for Downgrade
--------------------------------------------------------
Moody's Investors Service placed Lions Gate Entertainment Corp.'s
("Lionsgate") Ba3 Corporate Family rating (CFR), Ba3 senior secured
debt rating and Ba3-PD Probability of Default rating on review for
downgrade. The review is prompted by Lionsgate's announcement today
that it has entered into a definitive agreement to acquire Starz
LLC ("Starz") for cash and stock. Lionsgate's rating outlook was
changed from negative to ratings under review for downgrade.

Under the terms of the agreement, holders of each share of Starz
Series A common stock will receive $18 in cash as well as 0.6784 of
a share of Lionsgate non-voting stock. Holders of each share of
Starz Series B will receive $7.26 in cash and 0.6321 shares of
Lionsgate voting stock and 0.6321 shares of Lionsgate non-voting
stock. Subsequently, each share of Lionsgate common stock will be
reclassified into 0.5 voting and 0.5 newly created non-voting
shares. The Company intends to raise $1.6 billion in debt to fund
the cash portion of the deal, with the remaining portion of the
acquisition cost being funded with stock. Further, the company also
expects to refinance its debt and Starz debt at the closing of the
transaction.

Following is a summary of the actions:

On Review for Downgrade:

Issuer: Lions Gate Entertainment Corp.

-- Corporate Family Rating, currently Ba3

-- Probability of Default Rating, currently Ba3-PD

-- Senior Secured Bank Credit Facility, currently Ba3 (LGD4)

-- Senior Secured Second Lien Term Loan, currently Ba3 (LGD4)

Outlook Actions:

-- Outlook, Changed To Rating Under Review From Negative

RATINGS RATIONALE

The rating action is based on our expectation for an increase in
Lionsgate's gross debt levels following the transaction. Moody's
estimates that pro-forma debt-to-EBITDA (incorporating Moody's
adjustments) for the combined entity will be in the mid 5x range as
of December 31, 2016. Notwithstanding strategic benefits and
potential operational synergies and significant cash savings
associated with the deal, we believe incremental debt of $1.6
billion will adversely impact Lionsgate's credit profile, which is
already under pressure due to high debt levels in its capital
structure. However, the company expects to reduce leverage by 1.0
to 1.5 turns within 12 months to 18 months following completion of
the transaction. Furthermore management has indicated that it
expects to suspend its dividend after completing the transaction as
they focus on deleveraging quickly.

Moody's notes that pro-forma adjusted leverage of roughly 5.5x is
more reflective of a B1 CFR. In addition to pro-forma credit
metrics for the combined entity, the review process will focus on
the company's ability to de-lever following the integration of
Starz, any potential cost and revenue synergies from the deal,
incremental cash savings, asset sales and use of proceeds. A
credible plan to deleverage within the company's designated 12 to
18 months could result in leverage at or under 4.0x, and more
commensurate with a Ba3 CFR. Moody's will also focus on potential
impact of the combination on operating performance, including new
content opportunities, added leverage in negotiations with content
distributors and diversification of business lines. If the
transaction and refinancing of all debt occur as proposed, Moody's
will withdraw each of the company's current instrument level
ratings.

Lionsgate, domiciled in British Columbia, Canada (headquartered in
Santa Monica, CA), is a motion picture and television studio with a
diversified presence in the production and distribution of motion
pictures, television programming, home entertainment,
video-on-demand and digitally delivered content. Annual revenues
approximate $2.3 billion.

Starz, headquartered in Englewood, Colorado, supplies television
and movie programming to U.S. multichannel video distributors
including cable, direct broadcast satellite, and telecommunication
service providers. Annual revenues approximate $1.7 billion.


LUAR CLEANERS: Court Dismisses Chapter 11 Case
----------------------------------------------
Judge Brian K. Tester of the United States Bankruptcy Court for the
District of Puerto Rico found that the Chapter 11 case captioned IN
RE: LUAR CLEANERS INC, Debtor(s), CASE NO. 14-04974 (Bankr. D.P.R.)
is not appropriate for conversion and that it is in the best
interests of creditors and the estate to dismiss the case.

The Motion to Dismiss or Convert was filed by the creditor, WM
Capital Partners 53, LLC.

"In the court's review of the schedules, the amended disclosure
statement and plan, as well as the claims filed, it does not appear
that a chapter 7 trustee would have anything to distribute to the
unsecured creditors. The secured creditors are able to liquidate
their collateral outside of bankruptcy. No party has indicated that
there are potential avoidance actions through which a trustee might
realize significant recovery for the estate. The appointment of a
chapter 7 trustee would cause the estate to incur additional
administrative expenses. Given these facts, the court finds that
the captioned case is not appropriate for conversion and it is in
the best interests of creditors and the estate to dismiss this
case," Judge Tester said.

A full-text copy of Judge Tester's June 29, 2016 opinion and order
is available at http://bankrupt.com/misc/prb14-04974-167.pdf

Headquartered in Toa Baja, Puerto Rico, Luar Cleaners, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. D. P.R. Case No.
14-04974) on June 18, 2014, listing $1.03 million in total assets
and $2.15 million in total liabilities.  The petition was signed
by
Raul Palacios Velez, president.  Jacqueline Hernandez Santiago,
Esq., at Jacqueline Hernandez Santiago serves as the Debtor's
bankruptcy counsel.


LURA DEE KIRKLAND: Selling Mercedes-Benz CLS400 for $69K to Sewell
------------------------------------------------------------------
Lura Dee Kirkland asks the U.S. Bankruptcy Court for the Western
District of Texas, Midland Division, to authorize the sale of her
2015 Mercedes-Benz CLS400 (VIN xxx4341) ("Vehicle") to Sewell Ford
("Sewell") located at 2425 E. 8th Street, Odessa, Texas.
The sale of the Vehicle is part of an overall transaction whereby
the Debtor's personal friend, Jason Cotton ("Cotton"), is seeking
to purchase another vehicle for himself from Sewell.  As a result
of the above, the creditor whose indebtedness is secured by the
Vehicle, Mercedes-Benz Financial Services USA, LLC ("Mercedes-Benz
Financial"), will be paid in full in the amount of its
indebtedness, or $69,496 (the amount of the payoff of the Vehicle
note as of July 1, 2016), without incurring any further obligation
or indebtedness by the Debtor or the bankruptcy estate.

The Debtor believes that this transaction will result in the
payment in full of a significant secured creditor of the Estate
through the sale of its collateral.

Lura Dee Kirkland is represented by:

         Todd J. Johnston
         MCWHORTER, COBB AND JOHNSON, L.L.P.
         1722 Broadway (79401)
         P.O. Box 2547
         Lubbock, Texas 79408
         Telephone: (806) 762-0214
         Facsimile: (806) 762-8014
         E-mail: tjohnston@mcjllp.com

Lura Dee Kirkland sought Chapter 11 protection (Bankr. W.D. Tex.
Case No. 16-70027) on Feb. 25, 2016.


MAAS GLOBAL: Hires Swan and Gardiner as Accountant
--------------------------------------------------
Maas Global Solutions Corporation seeks authorization from the U.S.
Bankruptcy Court for the District of Nevada to employ Swan and
Gardiner as accountant for the Debtor and Debtor-in-Possession.

The Debtor requires Swan & Gardiner to:

     a. assist the Debtor in preparing and filing the required
Monthly Operations Reports, including the Quarterly Operating
Reports once the case has been confirmed;

     b. advise the Debtor in connection with financial matters,
including the sale of assets; and

     c. assist the Debtor in preparing and filing the required
quarterly payroll reports.

The Debtor agreed to compensate Swan and Gardiner on an hourly
basis at the customary and standard rates that Swan and Gardiner
charges for similar representation, plus, reimbursement of actual
and necessary expenses incurred.

Sandra Stahl, partner of the accounting firm, Swan and Gardiner,
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtors and their
estates.

Swan and Gardiner may be reached at:

       Sandra Stahl, CPA
       Swan and Gardiner, LLC
       9005 W. Sahara Avenue
       Las Vegas, NV 89117
       Telephone: (702)869-9700
       Fax: (702)313-9900

            About Maas Global Solutions Corporation

Maas Global Solutions Corporation filed a Chapter 11 bankruptcy
petition (Bankr. D. Nev. Case No. 15-15566) on September 29, 2015.


MARIA'S MONT BLANC: Judge Approves Auction of Equipment
-------------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York authorized Maria's Mont Blanc
Restaurant Corp. to hold an auction sale of its equipment and its
personal property ("Property") during the week of June 27, 2016 on
either Tuesday, June 28, 2016, or Friday, July 1, 2016 ("Auction
Sale").

Judge Wile further ordered the following:

   a) The Debtor to provide to the 315 West 48th Street Realty
Corp. ("Landlord") no less than 48 hours prior written notice to
jgoldsmith@kaulaw.com and d.coucke@hotmail.com so the Landlord can
plan accordingly.

   b) The Landlord will allow the Debtor and any of agents,
including the auctioneer, Michael Amodeo& Co, Inc., reasonable
access to the real property known as and located at 315 West 48th
Street, New York, New York ("Premises"), all during normal business
hours, on June 21, 2016, and/or June 24, 2016, and/or June 28,
2016, June 29, 2016, and/or July 1, 2016, provided in each instant
Debtor provides to Landlord no less than 24 hours prior written
notice to jgoldsmith@kaulaw.com and d.coucke@hotmail.com , for the
purpose of being able to prepare for and conduct the Auction Sale.

   c) Any of the Property or other items remaining in the Premises
after 5:00 pm on July 8, 2016, will be deemed to be abandoned and
may be retained or disposed of by the Landlord as the Landlord
deems fit without any liability to the Landlord.

               About Maria's Mont Blanc Restaurant

Maria's Mont Blanc Restaurant Corp. sought Chapter 11
protection(Bankr. S.D.N.Y. Case No. 16-10742) on March 28, 2016.
The Debtor estimated assets and liabilities of less than $50,000.
Maria Lohmeyer, the company president, signed the petition.  The
Honorable Judge Michael E. Wiles is assigned to the case.


MFF CORP: Hires Polis & Associates as Counsel
---------------------------------------------
MFF Corporation, a Nevada Corporation, seeks authorization from the
U.S. Bankruptcy Court for the Central District of California to
employ Polis & Associates, a Professional Law Corporation as
general counsel.

The Debtor requires Polis & Associates to:

     a. advise the Debtor with respect to its rights, powers,
duties and obligation as a Debtor-in-Possession in the
administration of this bankruptcy the case, the management of its
affairs, and the management of its properties as they relate to the
Chapter 11 case;

     b. prepare pleadings and applications, and conduct
examinations incidental to administration;

     c. advise and represent the Debtor in connection will all
applications motions or complaints for reclamation, adequate
protection, sequestration, relief from stays, appointment of a
trustee or examiner and all other similar matters;

     d. analyze claims of creditors in the Debtor's bankruptcy
estate;

     e. advise and assist the Debtor in the formulation and
presentation of a plan or reorganization pursuant to Chapter 11 of
the Bankruptcy Code and concerning any and all matters relating
thereto;

     f. perform any and all other legal services incident and
necessary for the prosecution of the Debtor's bankruptcy estate;

     g. perform any and all other legal services incident and
necessary herein to preserve assets for the benefit of the estate
and its creditors.

Polis & Associates will be paid at these hourly rate:    

          Thomas J. Polis                     $435

The Debtor agreed to pay Polis & Associates a retainer fee of
$15,000 plus the filing fee of $1,717 for the bankruptcy filing.

Polis & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Thomas J. Polis, principal with the firm of Polis & Associates, a
Professional Law Corporation, 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.

Polis & Associates may be reached at:

      Thomas J. Polis, Esq.
      Polis & Associates, a Professional Law Corporation
      19800 MacArthur Boulevard, Suite 1000
      Irvine, CA 92612-2433
      Telephone: (949)862-0040
      Facsimile: (949)862-0041
      E-mail: tom@polis-law.com

                        About MFF Corporation

MFF Corporation, a Nevada Corporation, filed a Chapter 11
bankruptcy petition (Bankr. D. Colo. Case No. 16-12212) on May 25,
2016, represented by Thomas J Polis, Esq. at Polis & Associates,
APLC as bankruptcy counsel.


MICHAEL A. GRAL: U.S. Trustee Forms 3-Member Committee
------------------------------------------------------
The Office of the U.S. Trustee on July 1 appointed three creditors
of Michael Gral to serve on the official committee of unsecured
creditors.

The committee members are:

     (1) Bielinski Bros. Builders, Inc.
         Timothy Voeller
         1830 Meadow Lane, Suite A
         Pewaukee, WI 53072
         262.574.4053
         tvoeller@bielinski.com

     (2) SB1 Cedarburg LLC
         Jim Crawford
         The BROE Group
         o/b/o SB1 Cedarburg
         252 Clayton St, #4
         Denver, CO 80206
         303.393.0033
         jcrawford@BROE.com

     (3) Estate of Peter Margolis
         Nancy Margolis
         c/o Attorney Robert Ader
         Ader & Hitt PA
         100 SE 2nd Street, Suite 3550
         Miami, FL 33131
         305.371.6060
         aderlaw@aol.com

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

                      About Michael A. Gral

Michael A. Gral sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D Wis. Case No. 16-21329) on February 20,
2016.


MIDLAND PROPERTIES: Sanctioned for Bad Faith Bankruptcy Filing
--------------------------------------------------------------
In the case captioned IN THE MATTER OF: MIDLAND PROPERTIES II, LLC,
CASE NO. BK16-80487 (Bankr. D. Neb.), Judge Thomas L. Saladino of
the United States Bankruptcy Court for the District of Nebraska
granted the motion for sanctions and motion for disgorgement of
fees filed by the creditor First State Bank.

First State Bank pursued sanctions and disgorgement against the
debtor and its counsel after obtaining dismissal of the bankruptcy
case and a related predecessor Chapter 11 case in the face of
overwhelming evidence that the case was filed in bad faith for the
sole purpose of hindering secured creditor First State Bank from
enforcing its security interest.

Judge Saladino found that the transfer of the properties from
Midland Properties and Jerry J. Morgan, the sole and managing
member of Midland Properties, to Midland Properties II, L.L.C.
(MPII) was not done in good faith and, in fact, was in bad faith.
The commencement of the MPII bankruptcy case was also in bad faith
and without a reasonable basis in fact or law.

Judge Saladino ordered Mr. Morgan and MPII to reimburse First State
Bank for all attorney fees it has incurred in connection with the
bankruptcy filing of MPII.  The judge also ordered David G. Hick,
counsel for the debtor, to disgorge all attorney fees he received
in connection with the bankruptcy case, including any unearned fees
still held in trust.

A full-text copy of Judge Saladino's June 29, 2016 order is
available at http://bankrupt.com/misc/neb16-80487-59.pdf

Midland Properties II, LLC, filed a Chapter 11 petition (Bankr. D.
Neb. Case No. 16-80487) on April 4, 2016, and is represented by
David Grant Hicks, Esq., at Pollak, Hicks, & Alhejaj, P.C., in
Omaha, Nebraska.  At the time of filing, the Debtor had $1 million
to $10 million in estimated assets and $1 million to $10 million in
estimated liabilities.  The petition was signed by Jerry J. Morgan,
Sr., agent/managing member.  A list of the Debtor's 20 largest
unsecured creditors is available for free at
http://bankrupt.com/misc/neb16-80487.pdf


MONSERRATE HERNANDEZ: Bid Procedures for Property Sale Approved
---------------------------------------------------------------
Judge Timothy Barnes of the U.S. Bankruptcy Court for the Northern
District of Illinois, Eastern Division, approved bid procedures for
the sale of Monserrate Hernandez's properties ("Properties").

A hearing for the Bid Procedures Motion was held on June 21, 2016.


The auction will be conducted at the offices of Jeffrey Strange and
Associates at 7171 Ridge road in Wilmette, Illinois, on July 29,
2016, at 10:00 a.m.  The final hearing to consider entry of the
proposed sale order is set for Aug. 3, 2016 at 10:30 a.m.

Subject to the final determination of the Court, the Debtor, in
consultation with IBT Special Asset Fund I LLC, an Illinois limited
liability company ("IBT"), TCF Bank (as to 1809 W. Augusta,
Chicago, Illinois, and Pan American Bank ("PanAm"), is authorized
to execute the following:

      a) determine in his description which of the qualified bid(s)
submitted for the auction is the highest or otherwise best offer
for each of the Property; and

      b) properly reject any and all bids that, in the Debtor's
description, are:

           i) inadequate or insufficient;

          ii) not in conformity with the requirements of the
Bankruptcy Code, or the terms and conditions of the Sale; and/or

         iii) contrary to the best interest of the Debtor, his
estate and creditors.

If there is closing of the Sale to a successful bidder (other than
a credit bid by IBT or PanAm in regard to the property on which
they hold first mortgages under a successful bid approved by a Sale
Order, then the first mortgage holder will be paid in cash from the
proceeds received at such closing.

With respect to the Property commonly known as 1809 W. Agusta,
Chicago, Illinois ("Augusta Property"), the Debtor acknowledges
that both IBT and TCF Bank hold secured mortgages against such
property, and that the priority of such mortgages is subject to
controversy between IBT, TCF Bank, and the Debtor.

Any proceeds of the sale of the Augusta Property will be held in
escrow and will be distributed upon the resolution by the Court (or
any other court) as to the priority of the mortgages and claims
against the Augusta Property; or a settlement between and among
IBT, TCF Bank and the Debtor.

A copy of the list of Properties to be sold is available at:

   http://bankrupt.com/misc/M_Hernandez_14_Sale_Exhibit.pdf

A copy of the Bid Procedures attached to the order is available for
free at:

   http://bankrupt.com/misc/M_Hernandez_37_Sale_Ord.pdf

                    About Monserrate Hernandez

Monserrate Hernandez is an individual who owns a series of real
properties located in the City of Chicago.  Hernandez possesses
ownership interests in over 40 parcels of real property.  These
real properties include developed and undeveloped parcels. The
developed parcels consist of residential properties in Chicago.

Due to financial difficulties resulting from the "Great Recession,"
Mr. Hernandez has been unable to stay current on his loan
obligations to his secured lenders, including IBT Special Asset
Fund I LLC, an Illinois limited liability company ("IBT"), TCF
Bank1, and Urban Partnership Bank. Debtor also has outstanding (and
non-defaulted) loan obligations owed to Pan American Bank
("PanAm").

Monserrate Hernandez sought Chapter 11 protection (Bankr. N.D. Ill.
Case No. 16-15759) on May 9, 2016.

Jeffrey Strange at Jeffrey Strange & Associates serves as the
Debtor's counsel.


MORRIS SCHNEIDER: $7K Sale of 2012 Ford Fusion Approved
-------------------------------------------------------
Judge Keith L. Phillips of the U.S. Bankruptcy Court for the
Eastern District of Virginia, Richmond Division authorized Morris |
Schneider | Wittstadt Va. PLLC ("MSW") to sell its 2012 Ford Fusion
four-door sedan, VIN 3FAHP0HAICR401403 ("Vehicle"), to Gerard
Wittstadt for $7,000.

The purchase price is to be paid through a credit to the Debtors
for an equivalent amount of the presently due and payable but as
yet unpaid salary due Gerard Wittstadt from the Debtor for
postpetition periods.

Morris | Schneider | Wittstadt, LLC, is represented by:

          Augustus C. Epps, Jr., Esq.
          Jennifer M. McLemore, Esq.
          CHRISTIAN & BARTON, LLP
          909 East Main Street, Suite 1200
          Richmond, Virginia 23219-3095
          Telephone: (804) 697-4100
          Facsimile: (804) 697-6112
          E-mail: aepps@cblaw.com
                  jmclemore@cblaw.com

                   - and -

          Jeffrey R. Waxman, Esq.
          Eric J. Monzo, Esq.
          MORRIS JAMES LLP
          500 Delaware Avenue, Suite 1500
          Wilmington, Delaware 19801
          Telephone: (302) 888-6800
          Facsimile: (302) 571-1750
          E-mail: jwaxman@morrisjames.com
                  emonzo@morrisjames.com

               About Morris | Schneider | Wittstadt

Morris | Schneider | Wittstadt Va., PLLC, and affiliates filed for
Chapter 11 Protection (Bankr. E.D. Va. Case Nos. 15-33370 to
15-33375 and 15-12323) on July 5, 2015.  The petition was signed by
Mark H. Wittstadt, Esquire, managing partner.

Jennifer McLain McLemore, Esq., at Christian & Barton, LLP,
represents the Debtors in their restructuring effort.  The Debtor
estimated assets at $1 million to $10 million and debts at $10
million to $50 million.  Three of the Debtors estimated assets and
debt at $0 to $50,000.


NANA DEVELOPMENT: Moody's Cuts Corporate Family Rating to Caa2
--------------------------------------------------------------
Moody's Investors Service,  downgraded NANA Development
Corporation's Corporate Family Rating (CFR) to Caa2 from Caa1 and
its Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD. In
connection with this action, Moody's also lowered the ratings on
NANA's senior secured term loan and senior secured notes to Caa3
(LGD5) from Caa2 (LGD4). The rating outlook is negative.

The downgrade of NANA's CFR reflects the significant deterioration
in operating performance and weak cash flow generation attributable
to the some of company's core businesses in recent quarters. The
sharp year-over-year revenue declines in recent quarters within
NANA's Oil and Gas segment that contributed significantly to weaker
profitability was a key factor driving the downgrade. In addition,
the company's Federal segment remains under pressure as
intensifying price competition drives lower margins and as the
government further reduces the number of higher-margin, multi-year
sole-source contract awards. Diminished revenues for the Commercial
segment resulting from a challenging business environment in Alaska
and low fuel prices were also taken into consideration for the
downgrade. All of these factors have resulted in rapidly increasing
debt leverage and minimal interest coverage for the 12 months ended
March 31, 2016, as well as a weakened liquidity profile.

The negative outlook reflects Moody's expectation that operating
performance will continue to weaken over the next 12 months, with
negative to breakeven free cash flow generation until the company
stabilizes its top-line and reverses the significant contraction in
margins. The outlook also reflects Moody's concerns regarding the
company's weak liquidity profile, including the reduced
contribution percentage of Red Dog mine proceeds beginning in 2017
and the company's potential reliance on this volatile source of
cash to meet its basic cash needs.

The downgrades of the ratings on the senior secured term loan and
senior secured notes to Caa3 were a function of the one-notch
downgrade of NANA's CFR.

The following ratings were affected by this action:

Corporate Family Rating downgraded to Caa2 from Caa1;

Probability of Default Rating downgraded to Caa2-PD from Caa1-PD;

Senior secured term loan due 2018 downgraded to Caa3 (LGD5) from
Caa2 (LGD4);

Senior secured notes due 2019 downgraded to Caa3 (LGD5) from Caa2
(LGD4)

Rating outlook changed to negative from stable

RATING RATIONALE

NANA's Caa2 CFR reflects Moody's expectation for continued negative
pressures in the federal contracting services and oil and gas
services sectors, which could impair the company's ability to
deleverage and meet debt service requirements with
internally-generated funds. Significant deterioration in earnings
during a challenging year during which the company faced weakness
in both energy and base metals industries resulted in adjusted
debt/EBITDA to 6.5 times for the 12 months ended March 31, 2016,
compared with 5.7 times one year ago (all ratios incorporate
Moody's standard adjustments).

Declining revenues and operating losses for the first half of
fiscal 2016 resulted in very thin interest coverage of 0.1 times
for the trailing 12 month period, and Moody's believes margin
contraction in the company's Federal and Oil & Gas segments will
continue to offset a portion of any year-over-year top line gains
over the intermediate term. Given significant headwinds in each of
NANA's end markets, Moody's projects that debt leverage could
exceed 8.0 times over the next 12 to 18 months, with sustained weak
interest coverage.

Despite the recent two-year extension and funding increases to the
defense budget, Moody's expects continued stress and intensified
competition within NANA's federal services segment given the US
government's shift toward lower-margin, Lowest Price Technically
Acceptable ("LPTA") procurement.

Moody's does not project a material recovery in energy markets
during fiscal 2016, and the Caa2 rating reflects the rating
agency's concerns regarding the potential for project delays and
further pricing pressures.

Offsetting some of the deterioration in operating performance is
NANA's eligibility for certain sole-source contracts with the US
government under the Federal Small Business Administration (SBA)
8(a) program. These contracts are exempt from LPTA outsourcing
guidelines, and therefore, carry higher margins.

The rating is also supported by continued royalty contributions
received from Alaska's Red Dog Mine -- one of the largest zinc
mines in the world -- which is located on land owned by NDC's
parent company, NANA Regional Corporation ("NRC") and operated by
Teck Resources Ltd. ("Teck") (B3, negative). While the amount of
cash generated from the mine is susceptible to volatility in zinc
prices and production, as seen in the first half of fiscal 2016,
Moody's expects that royalty contributions will continue to be an
important source of liquidity for NANA. However, the company may
increasingly rely on those potentially volatile cash streams to
service debt and fund growth. Beginning in fiscal 2017, the royalty
contributions to NANA from its parent, NANA Regional Corporation
("NRC") will be reduced by 50%, but this will be partially offset
by the simultaneous elimination of the annual dividend payment to
NRC to cover a portion of general and administrative ("G&A")
expenses. Moody's also projects limited to no performance-based
dividends to NRC (to fund distributions to native shareholders)
over the intermediate term given expectations for continued weak
operating performance, which will help to preserve cash.

The ratings on the senior secured term loan and senior secured
notes reflect the overall probability of default for NANA, which
Moody's rates Caa2-PD. The Caa3 ratings on the term loan and notes
are loan are one notch below the CFR, reflecting their position in
the capital structure relative to the $125 million ABL facility
(not rated), which has a first-priority claim on the company's most
liquid assets, as well as close to $30 million of mortgage debt.

Given the continued deterioration in operating performance, an
upgrade of NANA's ratings is unlikely over the near term. However,
positive rating actions could be taken if the energy and base
metals sectors begin to signal a sustained robust recovery. An
upgrade could also be considered if debt/EBITDA begins to approach
6.0 times and EBIT interest coverage improves to closer to 1.0
time, while maintaining an adequate liquidity profile. Improved
cash flow generation from NANA's core businesses or a material
improvement in liquidity could lend support to a stabilization of
the rating outlook.

The ratings could be downgraded if NANA's liquidity profile
deteriorates further or if declining revenue and margin pressure in
the Federal and Oil & Gas segments result in continued operating
losses. Negative actions could be taken if NANA's ability to
satisfy required debt service requirements diminishes or if EBIT
interest coverage remains below 0.5 times for a prolonged period.
Repurchases of outstanding debt at distressed prices could also
prompt further downgrades. Prolonged softness in oil prices or
increased volatility in zinc prices could also pressure the
ratings.

NANA Development Corporation maintains an investment portfolio of
various business segments including federal contract services,
hospitality, management services, and oilfield and mining services.
NANA's revenues for the 12 months ended March 31, 2016 totaled
approximately $1.35 billion. NANA serves as the business arm of
NRC, and its main objective is to invest in businesses that will
create long-term income and job opportunities for NANA
shareholders. NRC was formed as one of 13 Native Corporations that
followed the Alaskan Native Claims Settlement Act. NRC has land
surface and subsurface rights of 2.3 million acres in Northwest
Alaska, including the Red Dog Mine, and is owned by the 13,500+
members of the Inupiat community.


NORTHEASTERN ILLINOIS UNIV: Moody's Cuts Rating on COPs to Ba2
--------------------------------------------------------------
Moody's Investors Service has downgraded Northeastern Illinois
University's Certificates of Participation (COPs) to Ba2 from Baa3
(about $33 million outstanding). The outlook is negative. This
concludes the review for downgrade initiated June 10, 2016.

The downgrade of the COPs to Ba2 reflects their increasing credit
risk due to the university's unsecured obligation to pay and the
its ability to terminate the installment contract absent legally
available funds. The university's liquidity has declined materially
in FY 2016 due to weakened cash flow. The university received only
part of its budgeted FY 2016 state appropriation due to the State
of Illinois' (Baa2 negative) failure to enact a budget for the year
and reliance on stop gap funding. Further stress is expected from
uncertainty as to the amount and timing of state funding for FY
2017. This uncertainty exacerbates possible enrollment and
operating pressures from uncertain demand for its new student
housing facility.

The Ba2 rating favorably factors its market standing as a federally
designated Hispanic-Serving Institution (HSI), moderate financial
leverage, and open-system University Financing System bonds (UFS)
(not rated), broadening the reserves and revenue available for
payment on the COPs when available. Offsetting challenges are
NEIU's narrowing cash flow that will continue for the next few
years due to significantly pressured enrollment, state funding
pressures, and more limited expense reductions than peers.
Additional challenges are high leverage and relatively modest
balance sheet reserves.

Rating Outlook

The negative outlook reflects NEIU's liquidity and operating
challenges due to state budget issues and pressured net tuition
revenues. Absent consistent and timely state support, NEIU will be
forced to make more material budget reductions, negatively
impacting its longer term strategic position.

Factors that Could Lead to an Upgrade

Substantial and sustained liquidity growth, particularly
with stabilization of state funding

Greater revenue diversification combined with stronger
operating cash flow, demonstrating the ability to withstand
reduced reliance on state support

Material improvement in enrollment and net tuition revenues,
leading to stronger operating performance

Factors that Could Lead to a Downgrade

Sustained lower state appropriations, including on-behalf
payments,
or timing delays of direct funding disbursements materially
harming operating performance

Inability to stabilize enrollment or adjust expenses to balance
operations

Ongoing reductions in liquidity, further narrowing flexibility

Legal Security

The Certificates of Participation (Ba2) are payable from both
state-appropriated funds and from budgeted legally available funds
of the university from sources other than state appropriations,
including tuition and fees. While the COPs typically benefit from
the breadth of revenue available to pay debt service, the lack of
state appropriations and tightened operating budget weakens this
structure. The COPs are payable from NEIU's broad budget and the
obligation to pay can be terminated in the event that it does not
receive sufficient state appropriations and does not have other
legally available funds.

The UFS bonds (unrated) are secured by the net revenues of the
University Facilities System, with mandatory student fees and
tuition revenues subject to the prior payment of operating and
maintenance expenses of the system and only to the extent
necessary. There is a rate covenant of 2.0 times coverage of
maximum annual debt service and an additional bonds test. There is
no debt service reserve fund, and any accumulated surpluses from
the UFS system may be used to support any lawful purpose.

Use of Proceeds. Not applicable.

Obligor Profile

NEIU is a regional comprehensive public university with multiple
campuses in the Chicago metropolitan area. It is designated by the
US Department of Education as a Hispanic-Serving Institution. Fall
2015 headcount enrollment was nearly 10,300 students.



NORTHWEST PEDIATRIC: Plan Filing Period Extended to Oct. 4
----------------------------------------------------------
The Hon. Jacqueline P. Cox of the U.S. Bankruptcy Court for the
Northern District of Illinois has extended the exclusive period for
Northwest Pediatric Services S.C. to file its plan of
reorganization and disclosure statement to Oct. 4, 2016, and the
exclusive date for the Debtor to solicit acceptances to the plan
through and including Dec. 13, 2016.

The status hearing on the Debtor's plan and disclosure statement
set for July 20, 2016, is stricken and rescheduled for Oct. 13,
2016, at 10:00 a.m.

As reported by the Troubled Company Reporter on June 28, 2016, the
Debtor asked the Court to extend the exclusive period for the
Debtor to file its plan of reorganization and disclosure statement
through and including Oct. 5, 2016, and the exclusive date to
solicit acceptances of the plan through and including Dec. 13,
2016.  The Debtor was in the process of compiling financial
information in connection with its plan of reorganization, when the
Debtor's financial consultant, Larry Kammes, who was employed and
paid by a third party entity, became critically ill and
subsequently passed away on June 17, 2016.

Headquartered in Elgin, Illinois, Northwest Pediatric Services S.C.
dba Kid Care Medical S.C. filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 16-09373) on March 18, 2016,
estimating its assets at between $100,000 and $500,000 and its
liabilities at between $1 million and $10 million.  The petition
was signed by Orawan Sukavachana, M.D., president.  Judge
Jacqueline P. Cox presides over the case.  Scott R Clar, Esq., at
Crane, Heyman, Simon, Welch & Clar serves as the Debtor's
bankruptcy counsel.

On Feb. 29, 2012, the Debtor filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 12-07777).  On May 22, 2013,
the Debtor confirmed its Third Plan of Reorganization.  IRS and IDR
were secured and priority unsecured creditors in the previous
Chapter 11 case.  Under the terms of the Plan, IRS and IDR were to
be given 20 payments over a five-year period.  Each payment to the
IRS was to be approximately $138,000.


NUMISMATIC SUBS: 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 Numismatic Subs, LLC.

Numismatic Subs, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-04855) on June 3,
2016.  The Debtor is represented by Daniel J. Herman, Esq., at
Pecarek & Herman, Chartered.


OMEGA HEALTHCARE: Fitch Assigns 'BB+' Rating on Subordinated Debt
-----------------------------------------------------------------
Fitch Ratings has assigned a 'BBB-' rating to the senior unsecured
notes due 2023 issued by Omega Healthcare Investors, Inc. (NYSE:
OHI 'Omega').

                      KEY RATING DRIVERS

The 'BBB-' ratings are based on Omega's strong credit metrics (low
leverage, high fixed-charge coverage [FCC] and ample liquidity)
providing a sufficient buffer against the potential effects of
tenant-related operating headwinds.  OHI focuses on skilled nursing
(SNFs) and assisted living facilities (ALFs) wherein tenants'
capacity to honor lease obligations are closely influenced by
changes to government reimbursement and regulatory/licensing risk.
Operating headwinds faced by skilled nursing operators in general
have been a focal point year-to-date after announcements related to
performance at some of the industry's largest operators.  Fitch
does not believe these headwinds will materially affect OHI's
credit initially, although they could cause the price at which OHI
can issue debt and equity to become more expensive.

               LOW LEVERAGE WITH SUFFICIENT CUSHION

OHI has consistently maintained leverage between 3.9x - 5.2x since
2011, with leverage at 5.2x and 5.4x for the quarter and year ended
March 31, 2016.  Fitch views quarterly leverage as more meaningful
than trailing 12 months for OHI given the lack of seasonality in
reported earnings and timing effects of acquisitions.  Fitch
expects leverage will remain between 4x - 5x over the next 12-to-24
months.

Fitch's projections indicate OHI has a cushion of 0.5x - 1x to the
negative leverage sensitivity of 5.5x.  Fitch views it as unlikely
that tenant issues could in and of themselves cause OHI to breach
the 5.5x sensitivity.  Under a simple analysis where the rent is
reduced for tenants with coverage below 1x (7.6% of 4Q15) back to
1.4x (as measured by EBITDAR) leverage only increases to 0.2x.
Should OHI change its financial policies and operate with leverage
closer to 5.5x, Fitch would then consider the adequacy of the
cushion.  Fitch defines leverage as debt net of readily available
cash divided by recurring operating EBITDA.

FCC is strong for the rating at 4.5x for the trailing twelve months
ended March 31, 2016, compared to 3.7x and 3.6x for 2014 and 2013,
respectively.  Fitch expects OHI's FCC will continue to improve,
driven by contractual rental escalators and reduced fixed charges
as the interest savings from the refinancing is realized. Fitch
defines FCC as recurring operating EBITDA less straight-line rents
divided by total interest incurred.

       STRONG LIQUIDITY & APPROPRIATE CONTINGENT LIQUIDITY

OHI's near-term liquidity is exceptionally strong with no debt
maturities until 2017, especially when considering these maturities
can be extended at OHI's option to 2019.  OHI's sources of
liquidity are comprised of capacity under the $1.25 billion
revolving credit facility due 2018, proceeds from the 2023 notes
offering and retained cash flow from operations.

Other measures of OHI's liquidity and contingent liquidity are also
appropriate for the 'BBB-' rating.  OHI's unencumbered assets cover
net unsecured debt by 1.5x - 2.1x assuming stressed capitalization
rates of 9% - 12%.

COMMONALITY OF TENANT REVENUE SOURCES MITIGATES OPERATOR
DIVERSIFICATION BENEFITS

Fitch views skilled nursing real estate (and by extension pure-play
REITs) as having more risk than other real estate subsectors due to
the potential for legislative or regulatory changes (including the
annual changes to reimbursement amounts by the Center for Medicare
and Medicaid Services).  These unilateral actions can impact the
profitability of most tenants, partially mitigating the benefits of
tenant and geographic diversification.

The start of 2016 has been eventful with some of the largest
operators announcing weaker results.  SNF margins are being
pressured by increasing coverage under Medicare Advantage,
Department of Justice investigations potentially influencing
billing practices and pilot programs for bundled payments and
coordinated care.  Fitch views these as long-term headwinds that
stronger operators should be able to manage given they are fairly
well-telegraphed.

Another limiting factor on the rating (but inherent to the
strategy) is OHI's exposure to private, unrated operators, which
limits the extent to which Fitch can assess their creditworthiness.
Fitch views most for-profit post-acute operators to be 'B'
category credits, where capacity to meet debt obligations is
vulnerable to deterioration in the business and economic
environment.  Rent coverage, as measured by EBITDARM (EBITDAR
before management fees) and EBITDAR were 1.8x and 1.4x,
respectively, at Dec. 31, 2015, which is comparable to peers,
consistent with prior periods and implies some cushion to sustain
annual rental increases and/or unforeseen changes to reimbursement
rates.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for OHI include:

   -- Operator headwinds persist and pressure coverage levels but
      do not result in wholesale bankruptcies or rent
      renegotiations;
   -- Contractual rental escalators of 2% - 2.5% per year through
      2018;
   -- Acquisitions of $500 million per year through 2018 at 8.5%
      cap rates;
   -- $300 million of equity being issued in both 2017 and 2018 to

      fund acquisitions.  Should OHI's equity trade at levels
      where it is unable or unwilling to transact, Fitch assumes
      OHI would reduce acquisition volumes.

                       RATING SENSITIVITIES

Fitch does not expect management will operate the company
consistent with the metrics that could otherwise result in positive
momentum in OHI's ratings and/or Outlook, such as:

   -- Increased scale and diversification;
   -- Fitch's expectation of net debt-to-recurring operating
      EBITDA sustaining below 4x (leverage was 5.2x at March 31,
      2016);
   -- Fitch's expectation of fixed-charge coverage sustaining
      above 3.5x (coverage was 4.6x for TTM).

These factors may result in negative momentum in OHI's ratings
and/or Outlook:

   -- Further pressure on operators through reimbursement cuts;
   -- Fitch's expectation of leverage sustaining above 5.5x;
   -- Fitch's expectation of fixed-charge coverage sustaining
      below 2.5x.

                             LIQUIDITY

FULL LIST OF RATING ACTIONS

Fitch rates OHI as follows:

Omega Healthcare Investors, Inc.:
   -- Long-Term IDR 'BBB-';
   -- Unsecured revolving credit facility 'BBB-';
   -- Senior unsecured notes 'BBB-';
   -- Senior unsecured term loans 'BBB-';
   -- Subordinated debt 'BB+'.


PALOMAR HEALTH: Fitch Affirms 'BB+' Rating on Revenue Bonds
-----------------------------------------------------------
Fitch Ratings has affirmed the 'BB+' rating on Palomar Health, CA's
(PH) outstanding debt.

The Rating Outlook is Stable.

SECURITY
The bonds are secured by a gross revenue pledge of the obligated
group (OG). The OG consists of PH's acute care facilities as well
as other healthcare related entities but excludes Arch Health
Partners (AHP), a medical foundation.

KEY RATING DRIVERS

CONTINUED IMPROVED PERFORMANCE: PH's financial performance
continues to improve and financial metrics through the nine months
ended March 31, 2016 have been the strongest in recent history,
with an 11.5% operating EBITDA margin, 2.1x debt service coverage
and 104.3 days cash on hand. The decision to close its downtown
campus should continue to have a favorable impact on financial
performance with the full benefit realized in fiscal 2017, as PH is
still in the process of consolidating services.

GOOD MARKET POSITION: Fitch believes PH's main credit strength is
its location in North San Diego County, which makes it an
attractive partner in any plans to develop a larger regional
network and delivery model that is able to manage population
health. In addition, PH has significantly invested in its medical
foundation, AHP, which provides a primary care base that will be
integral in care coordination.

HIGH DEBT BURDEN: Due to its significant investment in its master
facility plan, PH's debt burden is high (revenue bonds only). As a
hospital district, PH has the ability to issue tax supported bonds
(GO debt) and Fitch's calculations exclude the GO debt and
associated interest and property tax revenue from its analysis.
Maximum annual debt service (MADS) on the revenue bonds accounted
for a high 5.8% of total revenue and cash to debt is weak at 32.7%
as of March 31, 2016.

COSTLY MASTER FACILITY PLAN: PH's master facility plan totaled over
$1 billion and included a new 288-bed Palomar Medical Center (PMC)
in Escondido, California that opened in 2012 as well as other
capital investments.

STRATEGIC RELATIONSHIPS: PH has an agreement with Kaiser Permanente
(rated 'A+') to provide bed capacity and has a partnership with
Rady Children's (rated 'AA-') to provide pediatric and neonatal
services at PMC. PH is in discussions with Kindred Rehabilitation
and has been a Mayo Clinic Network affiliate since 2013.

RATING SENSITIVITIES
UPWARD RATING MOVEMENT: Upward rating movement would be dependent
on Palomar Health improving its financial metrics more in line for
a 'BBB-' rated credit. Fitch believes this could be achievable over
the next two to three years if strong operating cash flow is
sustained and debt service coverage and liquidity ratios improve
especially as the full benefits from the consolidation of
facilities/service lines are complete.

CREDIT PROFILE
PH is a California hospital district that currently operates three
hospitals in northern San Diego County: Palomar Health Downtown
campus,288-bed Palomar Medical Center in Escondido and 107-bed
Pomerado Hospital in Poway. PH also has Villa Pomerado - a 129-bed
skilled nursing facility that is located adjacent to Pomerado
Hospital. In 2015, PH announced that it would close its downtown
campus and began transitioning services to its other two
facilities. These services include labor and delivery, behavioral
and acute rehab. The standby emergency department closed in March
2016.

Arch Health Partners is a medical foundation with about 59
physician FTEs and was reconsolidated in PH's financial results in
fiscal 2015 after being de-consolidated in fiscal 2014. Arch is not
a member of the OG. Fitch's analysis is based on the consolidated
entity. Total operating revenue in fiscal 2015 (June 30 year end)
was $704 million.

Continued Improvement in Operating Performance
PH was in a turnaround situation from fiscal 2013 due to large
losses related to challenges with the transition to the new
facility, which opened in August 2012. However, performance has
stabilized and is on an upward trajectory with very strong
operating EBITDA margins through the nine months ended March 31,
2016 of 11.5% compared to 7.3% in fiscal 2015, 6.7% in fiscal 2014
and 4.8% in fiscal 2013. Ongoing operational improvement
initiatives are in the areas of patient throughput, supply savings,
revenue cycle, and process improvement.

Campus Consolidation Plan
In June 2015, PH announced that it would be closing its downtown
campus and consolidating all services within either PMC or Pomerado
Hospital. All services are expected to be consolidated by the end
of 2016. Fitch views this decision favorably as it better utilizes
the resources within the system and should result in $15
million-$20 million of annual savings beginning in fiscal 2017. The
downtown campus is also expected to be monetized.

Due to the transition, PH has seen a large reduction in outpatient
surgeries, especially related to Kaiser volume as consolidation
plans finalize. Through the nine months ended March 31, 2016,
outpatient surgeries were down 11.9% from the prior year. Fitch
expects this to be temporary, as further discussions are underway
regarding the potential build-out of shelled space at PMC. PMC has
two shelled floors and the build-out of this space is in PH's
capital plan. However, management stated that they would only
proceed with this capital investment if it was funded by another
funding source (not from PH).

Investment in Arch Health Partners
AHP is a medical foundation located in Poway, CA with 15 clinics in
the service area. PH is the sole corporate member of AHP and
aligned with the medical foundation in 2010. PH has provided
significant support to AHP over the last two years and ongoing
support is expected. However, Arch is a critical component of its
integrated delivery system and PH is in the process of developing a
clinically integrated network that will also align other physicians
in the area.

Weak Liquidity
As of March 31, 2016, unrestricted cash and investments totaled
$189.5 million, which equated to 104.3 days cash on hand (DCOH) and
32.7% cash to debt, which has steadily improved from a low in
fiscal 2013.

PH's DCOH covenant calculation excludes interest expense from total
expenses and the bond covenant calculation for fiscal 2015 was
112.6 days, above the 80 DCOH covenant for the series 2006 insured
bonds (65 DCOH covenant for uninsured bonds). Capital spending is
elevated in fiscal 2017-2019 due to one-time capital relocation
costs and the build-out of shelled space. However, management has
reiterated that the build-out will only occur if it is funded by
another funding source. Total capital expenditures are $41.5
million in fiscal 2017, $41 million in fiscal 2018, and $43 million
in fiscal 2019. Excluding the one-time capital relocation costs and
the build-out of shelled space, ongoing routine and strategic
capital spending is about $20 million-$30 million a year.

High Debt Burden
As of June 30, 2015, total debt outstanding was $1.15 billion and
included $560.8 million of revenue bonds and $589.2 million of GO
bonds. Fitch rates the GO bonds 'A+'. The revenue bonds are 68%
fixed rate and 32% variable rate (auction mode; series 2006). MADS
on revenue bonds is $41.4 million and debt service coverage was
improved at 2.1x through the nine months ended March 31, 2016
compared to 1.3x in fiscal 2015 and 1.2x in fiscal 2014. Per bond
covenant calculation, debt service coverage was 1.98x in fiscal
2015.

PH has three fixed payor interest rate swaps with Citi related to
the series 2006 bonds and the swaps are insured by Assured
Guaranty. There are currently no collateral posting requirements,
but requirements would be implemented if Assured Guaranty's rating
falls below the 'A' category and would be at a zero threshold based
on PH's current rating. In addition, there is an additional
termination event if Assured Guaranty's rating falls below 'BBB'.

Property Tax Revenue
As a California hospital district, PH receives unrestricted
property tax revenues from a fixed share of the 1% property tax
levied by the County of San Diego on all taxable real property in
PH's boundaries. PH received $14.3 million and $13.5 million in
unrestricted property tax revenues in fiscal 2015 and 2014,
respectively. This tax revenue is included in other operating
revenue. PH also receives ad valorem tax revenues generated by the
separate voter-approved tax levy that is pledged solely for the
payment of principal and interest on PH's series 2005, 2007, 2009,
and 2010 GO bonds. Fitch's financial analysis excludes the GO bonds
and related property tax revenue and interest expense.

Disclosure
PH covenants to provide annual audited financial reports and
unaudited quarterly financial statements to bondholders. Quarterly
information, including a balance sheet, income statement, and
statement of changes in net assets will be provided within 45 days
after the end of each of the first three fiscal quarters.

Fitch affirms the following outstanding debt at 'BB+':

-- $159,844,000 COPs series 2010;
-- $229,217,000 COPs series 2009;
-- $171,781,000 COPs series 2006A-C.


PARAGON OFFSHORE: Exclusive Plan Filing Period Extended to Aug. 12
------------------------------------------------------------------
The Hon. Christopher S. Sontchi of the U.S. Bankruptcy Court for
the District of Delaware has extended, at the behest of Paragon
Offshore PLC, et al., their (i) exclusive filing period for a
period of 60 days through and including Aug. 12, 2016, and (ii)
exclusive solicitation period for 60 days through and including
Oct. 11, 2016.

As reported by the Troubled Company Reporter on June 17, 2016, the
Debtors filed on April 19, 2016, fully executed versions of the
Plan and the Disclosure Statement.  On April 22, 2016, the Debtors
commenced solicitation of votes to accept or reject the Plan.  The
Debtors' plan confirmation hearing is scheduled to commence on June
21, 2016.  The Debtors assured the Court that they are not seeking
an extension of the Exclusive Periods as a negotiation tactic, to
artificially delay the conclusion of these Chapter 11 cases, or to
hold creditors hostage to the Plan.  The requested relief is
intended to provide the Debtors with flexibility necessary to
accommodate for any unforeseen or unpredictable plan confirmation
related delays/adjournments.

                      About Paragon Offshore

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

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

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

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


PEAK WEB: $250K Interim Unsecured Credit From PSA 9 Allowed
-----------------------------------------------------------
Judge Peter C. McKittrick of the U.S. Bankruptcy Court for the
District of Oregon, authorized Peak Web LLC to obtain unsecured
credit from PSA 9, LLC, in the interim.

Judge McKittrick authorized the Debtor to incur indebtedness of up
to $250,000.  He granted PSA 9 administrative expense priority with
respect to all loans and advances made pursuant to the Line of
Credit Agreement.

The Operating Line of Credit Agreement contains, among others, the
following relevant terms:

     (a) On the Effective Date, Borrower shall execute and deliver
to Lender the $250,000, 4.5% Optional Advance Note Number 1. Lender
may make advances to Borrower in a principal amount totaling up to
$500,000 (including the First Optional Advance Note).
     (b) All loans and advances made by Lender to Borrower shall be
memorialized pursuant to promissory notes.

     (c) The entire balance of all indebtedness, including all
principal and interest, owed on the Optional Advance Note shall be
due and payable in full on the earliest of (a) the Effective Date
of any plan of reorganization confirmed in the Bankruptcy Case; (b)
the date of the entry of an order by the Bankruptcy Court
converting either of the Bankruptcy Case to a case under Chapter 7
of the Bankruptcy Code; (c) the date of entry of an order of the
Bankruptcy Court appointing a trustee under Chapter 11 of the
Bankruptcy Code; or (d) Dec. 31, 2016.

"The Debtor requires financing in order for it to immediately
manage its cash flow, fund payroll, and maintain sufficient
operating capital to pay ongoing operating expenses as and when
they become due.  Without such financing, Debtor will be unable to
pay wages, salaries, employee benefits, and operating expenses, and
the value of Debtor's business will be diminished.  Debtor's
ability to maintain and preserve its assets and effect an orderly
and efficient reorganization will be seriously jeopardized, to the
substantial detriment of creditors, employees, and other parties in
interest if the requested post-petition financing is not approved,"
Judge McKittrick acknowledged.

The final hearing on the Debtor's Motion is scheduled on July 27,
2016 at 10:30 a.m.

A full-text copy of the Interim Order dated June 16, 2016, is
available at https://is.gd/LaxvwH

Peak Web LLC is represented by:

          Timothy J. Conway, Esq.
          Ava L. Schoen, Esq.
          TONKON TORP LLP
          888 S.W. Fifth Avenue, Suite 1600
          Portland, OR 97204-2099
          Telephone: (503)221-1440
          Facsimile: (503)274-8779
          E-mail: tim.conway@tonkon.com
                  ava.schoen@tonkon.com

                       About Peak Web, LLC

Headquartered in Oregon, Peak Web, LLC dba Peak Hosting, is a
managed-service company that provides the servers, storage,
network, datacenter, and staff for some of the largest online
businesses.  Peak's operations and engineering teams currently
support 26 customers in industries spanning online and mobile
gaming, finance, real estate, consulting, and big data companies.
Peak has 50% of its data center pre-built and ready for new
customers.  This equates to about 100 racks of space, which can
accommodate approximately 2,000 additional servers for the
expansion of new and existing customers.

Peak Web sought creditor protection in the U.S. Bankruptcy Court
for the District of Oregon (Bankr. D. Ore. Case No. 16-32311) on
June 13, 2016.  The petition was signed by Jeffrey E. Papen as
CEO.

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

The Debtor has engaged Tonkon Torp LLP as counsel, Cascade Capital
Group, LLC as consultant and Susman Godfrey LLP and Ropers Majeski
Kohn Bentley PC as its litigation counsel.

The case is assigned to Judge Peter C McKittrick.


PEAK WEB: Interim Cash Collateral Use Until July 27 Approved
------------------------------------------------------------
Judge Peter C. McKittrick of the U.S. Bankruptcy Court for the
District of Oregon authorized Peak Web LLC to use cash collateral
in the interim.

The Debtor was authorized to use the Cash Collateral in which of
Bank of the West ("BOTW") or any other party claims a security
interest.

The Debtor's authority to use Cash Collateral was limited to the
expense amounts set forth in the Budget, which provided for
operating expenses as follows:

     (a) June 2016: $943,803
     (b) July 2016: $926,929
     (c) August 2016: $977,910
     (d) September 2016: $967,361

Judge McKittrick held that the Debtor's authority to use Cash
Collateral will automatically expire upon the earlier of (a) the
Effective Date of a confirmed Plan of Reorganization; or (b) a
Court order terminating the use of cash collateral based on a
motion brought by BOTW for the failure by Debtor to comply with any
provision of the Court's Interim Order.

The Court granted BOTW adequate protection for any Cash Collateral
used by the Debtor in the form of a perfected lien ("Replacement
Lien") to secure an amount of BOTW's prepetition secured claims
equal to the extent of any diminution in value of BOTW's
prepetition collateral by reason of the use of Cash Collateral as
authorized by the Interim Order.  The Replacement Lien will attach
to all property and assets of the Debtor and its estate, of any
kind or nature whatsoever, whether currently owned or later
acquired by Debtor, and all products, proceeds, rents, issues, or
profits thereof that were either subject to the Prepetition Liens
or acquired as a result of Debtor's use and/or expenditure of Cash
Collateral.

The Court ordered the Debtor to make monthly adequate protection
payments to BOTW in the amount of $9,861 per month as additional
adequate protection.

The final hearing on the Cash Collateral Motion is scheduled on
July 27, 2016 at 10:30 a.m.

A full-text copy of the Interim Order, dated June 15, 2016, is
available at https://is.gd/P876hz

Peak Web LLC is represented by:

          Timothy J. Conway, Esq.
          Ava L. Schoen, Esq.
          TONKON TORP LLP
          888 S.W. Fifth Avenue, Suite 1600
          Portland, OR 97204-2099
          Telephone: (503)221-1440
          Facsimile: (503)274-8779
          E-mail: tim.conway@tonkon.com
                  ava.schoen@tonkon.com

                          About Peak Web

Headquartered in Oregon, Peak Web, LLC dba Peak Hosting, is a
managed-service company that provides the servers, storage,
network, datacenter, and staff for some of the largest online
businesses.  Peak's operations and engineering teams currently
support 26 customers in industries spanning online and mobile
gaming, finance, real estate, consulting, and big data companies.
Peak has 50% of its data center pre-built and ready for new
customers.  This equates to about 100 racks of space, which can
accommodate approximately 2,000 additional servers for the
expansion of new and existing customers.

Peak Web sought creditor protection in the U.S. Bankruptcy Court
for the District of Oregon (Bankr. D. Ore. Case No. 16-32311) on
June 13, 2016.  The petition was signed by Jeffrey E. Papen as
CEO.

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

The Debtor has engaged Tonkon Torp LLP as counsel, Cascade Capital
Group, LLC as consultant and Susman Godfrey LLP and Ropers Majeski
Kohn Bentley PC as its litigation counsel.

The case is assigned to Judge Peter C McKittrick.


PEAK WEB: Wants $500K Line of Credit From PSA 9
-----------------------------------------------
Peak Web LLC asks the U.S. Bankruptcy Court for the District of
Oregon for authorization to enter into a Line of Credit Agreement
for postpetition financing consisting of loans and advances up to
$500,000 on an unsecured administrative expense basis, from PSA 9,
LLC.

The Debtor contends that it has an immediate need to obtain funding
for its initial postpetition expenses, including payroll and other
operational expenses, pending the receipt of accounts receivable.
The Debtor requires the funding on an initial basis to assist in
managing cash flow and to provide sufficient working capital.  The
Debtor further contends that its need for additional working
capital also extends to its longer term need to manage cash flow
and maintain stabilized operations throughout the case up through
confirmation of a plan of reorganization.

"Pursuant to the Line of Credit Agreement, PSA 9, LLC, has agreed
to make optional advances in amounts totaling up to $500,000... All
loans made by PSA 9 under the Line of Credit Agreement shall be
treated as advances thereunder, will be memorialized by execution
of an Operating Optional Advance Note, will accrue interest at 4.5%
per annum, and will be payable on the earlier of the (a) Effective
Date of any plan of reorganization confirmed in the Bankruptcy
Cases, (b) date of the entry of an order converting this Bankruptcy
Case to a case under Chapter 7, (c) date of the entry of an order
appointing a trustee under Chapter 11, or (d) December 31, 2016,"
the Debtor avers.

Peak Web LLC is represented by:

          Timothy J. Conway, Esq.
          Ava L. Schoen, Esq.
          TONKON TORP LLP
          888 S.W. Fifth Avenue, Suite 1600
          Portland, OR 97204-2099
          Telephone: (503)221-1440
          Facsimile: (503)274-8779
          E-mail: tim.conway@tonkon.com
                  ava.schoen@tonkon.com

                       About Peak Web, LLC

Headquartered in Oregon, Peak Web, LLC dba Peak Hosting, is a
managed-service company that provides the servers, storage,
network, datacenter, and staff for some of the largest online
businesses.  Peak's operations and engineering teams currently
support 26 customers in industries spanning online and mobile
gaming, finance, real estate, consulting, and big data companies.
Peak has 50% of its data center pre-built and ready for new
customers.  This equates to about 100 racks of space, which can
accommodate approximately 2,000 additional servers for the
expansion of new and existing customers.

Peak Web sought creditor protection in the U.S. Bankruptcy Court
for the District of Oregon (Bankr. D. Ore. Case No. 16-32311) on
June 13, 2016.  The petition was signed by Jeffrey E. Papen as
CEO.

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

The Debtor has engaged Tonkon Torp LLP as counsel, Cascade Capital
Group, LLC as consultant and Susman Godfrey LLP and Ropers Majeski
Kohn Bentley PC as its litigation counsel.

The case is assigned to Judge Peter C McKittrick.


PERFORMANCE SPORTS: Moody's Affirms B3 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service  revised Performance Sports Group Ltd's
(PSG) rating outlook to negative from stable due to its poor
operating performance highlighted by its recent earnings
announcement and weak credit metrics. The speculative grade
liquidity rating was downgraded to SGL 3 from SGL 2. All other
ratings, including the B3 Corporate Family Rating, were affirmed.

"PSG's revised earning guidance resulted in a departure from our
previous expectations," said Kevin Cassidy, Senior Credit Officer
at Moody's Investors Service. Moody's had expected leverage to be
temporarily high due to foreign exchange head winds. "The negative
outlook reflects our concerns that debt/EBITDA will remain above 8
times for a prolonged period," noted Cassidy. The speculative grade
liquidity rating was downgraded due to Moody's expectation of very
modest free cash flow generation over the next 12 to 18 months.

Rating downgraded:

Speculative Grade Liquidity Rating to SGL 3 from SGL 2;

Ratings affirmed:

Corporate Family Rating at B3;

Probability of Default Rating at B3-PD;

$330 million Term Loan B rating at Caa1 (LGD 4);

PSG's B3 Corporate Family Rating reflects its poor operating
performance and weak credit metrics with debt/EBITDA over 10 times.
The rating also reflects PSG's modest size with pro forma revenue
around $600 million and narrow product focus in sports equipment
and apparel. The rating benefits from PSG's strong brand awareness
among action sport enthusiasts and solid geographical
diversification. PSG has grown significantly over the last few
years through acquisition, but Moody's expect PSG to limit further
acquisitions until credit metrics improve.

The negative outlook reflects Moody's view that PSG's credit
metrics will remain weak for the next 12-18 months during a time
when the company will likely look to address the expiration of its
ABL revolving credit facility (expires in April 2019).

There is limited upward near-term rating pressure given the
company's poor operating performance and weak credit metrics.
Stability in demand for baseball/softball bats is needed for an
upgrade to be considered. Key credit metrics necessary for an
upgrade are sustaining debt/EBITDA around 6 times.

Failure to steadily reduce leverage could lead to a downgrade. A
deterioration in liquidity could also lead to a downgrade. Key
credit metrics that could prompt a downgrade would be failure to
steadily reduce debt/EBITDA to below 8 times in the next couple
quarters.

Headquartered in Exeter, New Hampshire, Performance Sports Group
Ltd., designs, manufactures and distributes high performance sports
equipment for ice hockey, roller hockey, lacrosse, baseball,
softball and related apparel and accessories. Pro forma revenue
approximated $600 million for the twelve months ended February
2016. In January 2016, PSG acquired the Easton Hockey business from
Easton Hockey Holdings, Inc. for $11 million.


PERSEON CORP: Court OKs MedLink-Led Auction on July 25
------------------------------------------------------
Judge R. Kimball Mosier of the U.S. Bankruptcy Court for the
District of Utah, Central Division, approved (i) Person Corp.'s
assumption of an of an Asset Purchase Agreement ("APA") with
MedLink Technologies, LLC ("Stalking Horse Bidder") for the sale of
the Debtor's assets for $4,350,000, plus the assumption of the
assumed liabilities, and (ii) bidding procedures in connection with
the sale of the assets in connection with the sale of the assets to
MedLink or to a successful bidder.

Parties interested to participate in the bidding process must
submit initial bids, including an $850,000 bid deposit, by 4:00
p.m. prevailing Mountain Time on July 11, 2016.  The Debtor will
provide access to due diligence to qualified bidders.  A qualified
bidder that desires to make a bid must deliver written copies of
its bid by no later than 4:00 p.m. prevailing Mountain Time on July
21, 2016.  If competing bids are received, an auction will be
conducted at the office of Dorsey & Whitney LLP, 136 South Main
Street, Suite 1000, Salt Lake City, UT at 10:00 a.m. (MT) on July
25, 2016, or at such other place and time or later date as
determined by the Debtor.

The final hearing to consider entry of the sale order authorizing
and approving the sale of the assets is set for July 26, 2016 at
11:00 a.m. (MT).

A copy of the Bidding Procedures and the Auction Notice and Notice
of Sale Hearing attached to the Order is available for free at:

        http://bankrupt.com/misc/Perseon_56_Sale_Ord.pdf

Counsel to MedLink Technologies:

         TROUTMAN SANDERS, LLP
         5 Park Plaza, Suite 1400
         Irvine, CA 92614
         Attn: Penelope Parmes
         E-mail: penelope.parmes@troutmansanders.com

Perseon Corp. is represented by:

         Steven T. Waterman   
         Michael F. Thomson
         Jeffrey M. Armington
         DORSEY & WHITNEY LLP  
         136 South Main Street, Suite 1000  
         Salt Lake City, UT 84101 -1685
         Telephone: (801) 933-7360
         Facsimile: (801) 933-7373
         E-mail: waterman.steven@dorsey.com
                 thomson.michael@dorsey.com
                 armington.jeff@dorsey.com

                        About Perseon Corp.

Perseon Corp., formerly known as BSD Medical Corp., sought Chapter
11 protection (Bankr. D. Utah Case No. 16-24435) on May 23, 2016,
in Salt Lake City.  The case is assigned to Judge Kimball R.
Mosier.

The Debtors are represented by Steven T. Waterman, Esq., at Dorsey
& Whitney LLP.

The Debtors $1 million to $10 million in assets and $1 million to
$10 million in debt.

The petition was signed by Clinton E. Carnell Jr., CEO/President.

Chief Judge R. Kimball Mosier is assigned to the case.


PHOENIX HELIPARTS: Proposes Revised Deal with Nichols
-----------------------------------------------------
Louie Mukai, the Chapter 11 Trustee for Phoenix Heliparts, Inc.,
filed on June 29, 2016, a Motion to Approve Revised Settlement with
Donald Nichols.

Pursuant to the Fed.R.Bankr.P. 9019, the Debtor asks the Court to
approve a full and complete settlement with Nichols wherein Nichols
would pay $200,000.

The Settlement Agreement supersedes the original settlement with
Nichols that was entered into between the Trustee and Nichols
earlier this year.  That settlement was in the amount of $131,769,
and did not resolve all claims between Nichols and the estate.  For
example, it left Nichols pending claim to an unsecured claim of
$500,000 unresolved.  The original settlement was objected to by
creditor TKC Aerospace.  TKCA is now in support of the revised
Settlement Agreement.

Furthermore, pursuant to the revised Settlement Agreement Nichols
shall be allowed an unsecured claim of $250,000 in Class 2 of the
confirmed Plan and a subordinated claim of $250,000 under Class 3
of the Plan.

Pursuant to L.R.Bankr.P. 9013-1(k), any objection to the Motion
must be in writing, filed with the Court, and served on the
Trustee's counsel within 21 days of the date of this Notice. If no
objections are timely filed and served as provided, the Court may
grant the Motion without further notice or hearing. If a timely
objection is filed, Trustee's counsel will request a hearing on the
Motion.

                    About Phoenix Heliparts

Phoenix Heliparts Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
Arizona (Phoenix) (Case No. 15-12003) on September 18, 2015.

The petition was signed by Tina Cannon, president. The case is
assigned to Judge Daniel P. Collins.

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


PICTURE CAR WAREHOUSE: Oct. 17, 2016 Set as Claims Bar Date
-----------------------------------------------------------
According to a notice, the U.S. Bankruptcy Court for the Central
District of California set an Oct. 17, 2016 deadline for creditors
in Picture Care Warehouse, Inc.'s Chapter 11 case to file proofs of
claim against the Debtor's estate.

Proofs of claim must be filed with the Court Clerk at 21041 Burbank
Boulevard, Woodland Hills, CA.

Exceptions to the Bar Date include:

   a. Executory contracts/unexpired leases.  Claims arising from
rejection of any executory contract or unexpired lease, the last
day to file a proof of claim is the later of (a) the Bar Date or
(b) 30 days after entry of an order approving the rejection.

   b. Governmental units.  For claims of governmental units, the
last date to file a proof of claims is the later of (a) the Bar
Date or (b) before 180 days after the date of the order for
relief.

   c. Avoidance.  For claims arising from the avoidance of a
transfer under Chapter 5 of the Bnakruptcy Code, the last day to
file a proof of claims is the later of (a) the Bar Date or (b) 30
days after the entry of judgment avoiding the transfer.

Picture Car Warehouse, Inc., sought Chapter 11 protection (Bankr.
C.D. Cal. Case No. 15-13495) on Oct. 20, 2015.  Hon. Maureen Tighe
is the case judge.  The Law Office Carolyn A. Dye serves as counsel
to the Debtor.  The Debtor estimated assets and debt of $1 million
to $10 million.  The petition was signed by Ted D. Moser,
president.


PRICEVILLE PARTNERS: Court Extends Exclusivity Periods by 90 Days
-----------------------------------------------------------------
The Hon. Clifton R. Jessup, Jr., of the U.S. Bankruptcy Court for
the Northern District of Alabama has extended Priceville Partners,
LLC's exclusivity periods under 11 U.S.C. Sections 1121(c)(2) and
(c)(3) by 90 days respectively, pursuant to the Court's authority
under Section 1121(d)(1).

The deadline to file the Debtor's Disclosure Statement and Plan
will be set by further court order, if any.

As reported by the Troubled Company Reporter on June 24, 2016, the
Debtor asked the Court to extend the exclusivity period for filing
a Disclosure Statement and Plan to Sept. 14, 2016.  The Disclosure
Statement and Plan is due 20 days from the commencement of the
case, which falls on July 2, 2016.

                     About Priceville Partners

Decatur, Alabama-based Priceville Partners, LLC, also known as
Performance Auto Sales, is engaged in the sale of automobiles.

Priceville Partners sought Chapter 11 protection (Bankr. N.D. Ala.
Case No. 16-80675) on March 4, 2016.  The case is assigned to
Judge Clifton R. Jessup Jr.

Lee R. Benton and Samuel C. Stephens, Esq., at Benton & Centeno,
LLP, are the Debtor's bankruptcy attorneys.  Andrew P. Campbell,
Esq., and Todd Campbell, Esq., at the Law Firm Of Campbell Guin,
LLC, have been tapped as special counsel.

The Debtor estimated $500,000 to $1 million in assets and $1
million to $10 million in debt.


PRIMERA ENERGY: Bankruptcy Plan Confirmed
-----------------------------------------
Patrick Danner, writing for My San Antonio, reported that Primera
Energy LLC's bankruptcy reorganization plan was confirmed by a
judge -- even though there's nothing left of the business to save.

According to the report, the San Antonio company had been headed by
Brian K. Alfaro, who has been accused of defrauding investors in
the sale of interests in various oil and gas drilling ventures.

The investors have more than $18 million in claims, making them
Primera’s largest group of creditors, the report related.  They
will receive nothing under the plan, which bankruptcy trustee Jason
Searcy said is a liquidation, the report added.  Searcy is
reviewing possible legal claims against Alfaro, the report said.
Any recoveries from litigation would go to the bankruptcy estate,
the report added.  However, investors wouldn't be paid anything
until creditors with superior claims are paid in full, the report
said.

                    About Primera Energy

Primera Energy, LLC, headquartered in San Antonio, Texas, filed for
Chapter 11 bankruptcy protection (Bankr. W.D. Tex. Case No.
15-51396) on June 3, 2015, to stop the investors from trying to
"squeeze" money out of the Company, according to the Company's
owner, Brian K. Alfaro.

The Company estimated its assets and liabilities at between $1
million and $10 million.  

Judge Craig A. Gargotta presides over the case.

Dean William Greer, Esq., who has an office in San Antonio, Texas,
serves as the Debtor's bankruptcy counsel.

The Chapter 11 petition was signed by Mr. Alfaro.


RAUL VELEZ: Court Dismisses Chapter 11 Case
-------------------------------------------
Judge Brian K. Tester of the United States Bankruptcy Court for the
District of Puerto Rico found that the Chapter 11 case captioned IN
RE: Raul Palacios Velez, Debtor(s), CASE NO. 14-04976 (Bankr.
D.P.R.) is not appropriate for conversion and that it is in the
best interests of creditors and the estate to dismiss the case.

The Motion to Dismiss or Convert was filed by the creditor, WM
Capital Partners 53, LLC.

"In the court's review of the schedules, the amended disclosure
statement and plan, as well as the claims filed, it does not appear
that a chapter 7 trustee would have anything to distribute to the
unsecured creditors. The secured creditors are able to liquidate
their collateral outside of bankruptcy. No party has indicated that
there are potential avoidance actions through which a trustee might
realize significant recovery for the estate. The appointment of a
chapter 7 trustee would cause the estate to incur additional
administrative expenses. Given these facts, the court finds that
the captioned case is not appropriate for conversion and it is in
the best interests of creditors and the estate to dismiss this
case," Judge Tester said.

A full-text copy of Judge Tester's June 29, 2016 opinion and order
is available at http://bankrupt.com/misc/prb14-04976-214.pdf

Raul Palacios Velez filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 12-05485) on July 12, 2012.


RCN TELECOM: S&P Raises Rating on Sr. Sec. Facility to 'B+'
-----------------------------------------------------------
S&P Global Ratings raised its issue-level rating on RCN Telecom
Services LLC's senior secured credit facility to 'B+' from 'B' and
revised the recovery rating to '2' from '3' due to voluntary
paydown of senior secured bank debt over the past 12 months.  The
'2' recovery rating indicates S&P's expectation for substantial
recovery (70% to 90%; lower half of the range) of principal for
lenders in the event of a payment default.

S&P's other ratings on RCN, including the 'B' corporate credit
rating are unaffected.

                        RECOVERY ANALYSIS

Key analytical factors:

   -- S&P's simulated default scenario contemplates a default in
      2019, precipitated by intense competitive pressures from
      significantly larger and better-capitalized video operators,

      such as Comcast, Time Warner Cable, and Verizon.

   -- S&P valued RCN as a going concern, using a 5x emergence
      EBITDA multiple.  The 5x valuation multiple is on the higher

      end of the 4x-5x range S&P typically ascribes to distressed
      overbuilders, given RCN's incumbent position in the Lehigh
      Valley, which represents about 30% of the company's
      revenues.

Simulated default assumptions:

   -- Simulated year of default: 2019
   -- EBITDA at emergence: $116 million
   -- EBITDA multiple: 5x

Simplified waterfall:

   -- Net enterprise value (after 5% administrative costs):
      $549 million
   -- Valuation split (obligors/nonobligors): 100%/0%
   -- Collateral value available to secured creditors:
      $549 million
      ---------------------------------------------------------
   -- Secured first-lien debt: $764 million
      -- Recovery expectations: 70%-90% (lower half of the range)
   -- Senior unsecured debt and pari passu claims: $318 million
      -- Recovery expectations: 0%-10%

Note: All debt amounts include six months of prepetition interest.

RATINGS LIST

RCN Telecom Services LLC
Corporate Credit Rating            B/Stable/--

Upgraded; Recovery Rating Revised

RCN Telecom Services LLC
Yankee Cable Acquisition LLC
                               To           From
Senior Secured                 B+           B
Recovery Rating                2L           3H


SAMUEL WYLY: Beverly Property is Exempt Homestead, Court Rules
--------------------------------------------------------------
Judge Barbara J. Houser of the United States Bankruptcy Court for
the Northern District of Texas, Dallas Division, ruled on the cross
motions for partial summary judgment filed by the U.S. Securities
and Exchange Commission and Sam Wyly, and the motion for partial
summary judgment filed by the SEC against debtor Caroline D. Wyly.

Judge Houser concluded that: (i) the Beverly Property is Sam's
exempt homestead, but his exempt interest in the Beverly Property
is subject to the monetary cap imposed by 11 U.S.C. section
522(q)(1); (ii) the Offshore Annuity Payments due to Sam under the
Annuity Agreements are not exempt under Texas Insurance Code
section 1108.051, and (iii) payments due under the Roaring Fork
Annuity are not exempt under Texas Insurance Code section 1108.051
because Caroline transferred the Roaring Fork Annuity and/or her
right to receive those payments to Stargate Investments (Texas)
some 15 years prior to her bankruptcy filing.

The case is IN RE: SAMUEL EVANS WYLY, et al., DEBTORS, CASE NO.
14-35043-BJH-11 (Jointly Administered) Related to ECF Nos. 1249,
1252 & 1260 (Bankr. N.D. Tex.).

A full-text copy of Judge Houser's June 29, 2016 order is available
at http://bankrupt.com/misc/txnb14-35043-1361.pdf

                    About Sam Wyly

Sam Wyly is a lifelong entrepreneur and author.  His first book,
1,000 Dollars & An Idea, is a biography that tells his story of
creating and building companies, including University Computing,
Michaels Arts & Crafts, Sterling Software, and Bonanza Steakhouse.
His second book, Texas Got It Right!, co-authored with his son,
Andrew, was gifted to roughly 450,000 students and teachers,
thought leaders, and readers, and continues to be a best-seller in
its Amazon category.

Samuel Wyly filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Case No. 14-35043) on Oct. 19, 2014, weeks after a judge
ordered him to pay several hundred million dollars in a civil
fraud case.  In September 2014, a federal judge ordered Mr. Wyly
and the estate of his deceased brother to pay more than $300
million in sanctions after they were found guilty of committing
civil fraud to hide stock sales and nab millions of dollars in
profits.

                    About Caroline Wyly

Caroline Wyly is the widow of business tycoon Charles Wyly.  She
and her brother-in-law Sam Wyly sought Chapter 11 bankruptcy
protection as leverage to settle a looming tax bill and a $329
million claim from the Securities and Exchange Commission.  Her
bankruptcy is In re Caroline D. Wyly, 14-35074, in U.S. Bankruptcy
Court, Northern District Texas (Dallas).


SCIO DIAMOND: Delays Filing of Fiscal 2016 Annual Report
--------------------------------------------------------
Scio Diamond Technology Corporation filed with the U.S. Securities
and Exchange Commission a Notification of Late Filing on Form
12b-25 with respect to its annual report on Form 10-K for the year
ended March 31, 2016.     

"The Form 10-K for the fiscal year ended March 31, 2014 will not be
submitted by the deadline without unreasonable effort or expense.
The Registrant had unanticipated delays in the completion of the
10-K as a result of turnover in the Registrant's board members.
The Registrant anticipates it will file the 10-K on or before the
fifteenth calendar day following the prescribed due date."

                        About Scio Diamond

Scio Diamond Technology Corporation was incorporated under the laws
of the State of Nevada as Krossbow Holding Corp. on Sept. 17, 2009.
The Company's focus is on man-made diamond technology development
and commercialization.

Scio Diamond reported a net loss of $1.26 million on $125,677 of
revenue for the three months ended Dec. 31, 2015, compared to a net
loss of $1.31 million on $109,358 of revenue for the same period in
2014.  For the nine months ended Dec. 31, 2015, the Company
reported a net loss of $2.94 million on $534,144 of revenue
compared to a net loss of $3.07 million on $667,672 of revenue for
the nine months ended Dec. 31, 2014.

As of Dec. 31, 2015, the Company had $10.71 million in total
assets, $3.62 million in total liabilities and $7.08 million in
total shareholders' equity.


SCPD GRAMERCY: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

       Debtor                                  Case No.  
       ------                                  --------
       SCPD Gramercy 1 Holding LLC             16-11885
       327 East 22nd Street
       New York, NY 10010

       SCPD Gramercy 1 LLC                     16-11886
       327 East 22nd Street
       New York, NY 10010

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: June 30, 2016

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

Judge: Hon. Sean H. Lane

Debtors' Counsel: Douglas J. Pick, Esq.
                  PICK & ZABICKI LLP
                  369 Lexington Avenue, 12th Floor
                  New York, NY 10017
                  Tel: (212) 695-6000
                  Fax: (212) 695-6007
                  E-mail: dpick@picklaw.net

                                         Estimated   Estimated
                                          Assets    Liabilities
                                         ---------  -----------
SCPD Gramercy 1 Holding                   $0-$50K     $0-$50K
SCPD Gramercy 1                           $0-$50K     $0-$50K

The petition was signed by Arnold Cariaso, authorized signor on
behalf of the manager SC Property Development, LLC.

The Debtors did not include a list of their largest unsecured
creditors when they filed the petitions.


SEVENTY SEVEN: Obtains Final Court OK to Tap $100MM DIP Loan
------------------------------------------------------------
Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware gave Seventy Seven Finance Inc. and its
debtor affiliates final authority to borrow and obtain loans,
letter of credit, bank products, and to incur indebtedness and
other obligations up to aggregate principal amount of $100 million
from Wells Fargo Bank, National Association.

Judge Silverstein has also authorized the Debtors to use cash
collateral for working capital of the Borrowers and the other Loan
Parties and other general corporate purposes in accordance with the
Budget.

The Debtors submit in their Motion certain material terms set forth
in the DIP Facility and the Interim Order, specifically, inter
alia, as follows:

    A. Borrowers: Nomac Drilling, L.L.C., Performance Technologies,
L.L.C. and Great Plains Oilfield Rental, L.L.C.

    B. Guarantors: Seventy Seven Energy Inc., Seventy Seven
Operating LLC, Mid-States Oilfield Supply LLC, Seventy Seven Land
Company LLC, PTL Prop Solutions, L.L.C., and SSE Leasing LLC

    C. Sole Lead Arranger and Bookrunner/Administrative and
Collateral Agent/Swing Line Lender/Letter of Credit Issuer: Wells
Fargo Bank, National Association

    D. Lenders: Wells Fargo and such other institutions as to which
the DIP Agent and the Debtors agree that may become parties to the
DIP Facility as lenders

    E. Credit Facility: The DIP Facility will consist of a
post-petition senior secured revolving loan and letter of credit
facility provided to Borrowers of up to $100,000,000 (“Maximum
Credit”). The revolving loans under the DIP Facility will be
subject to the Borrowing Base. Borrowers will appoint Debtor
Seventy Seven Operating LLC (“OpCo”) to act as the agent for
Loan Parties for all purposes of dealing with DIP Agent, Issuing
Bank, Swing Revolving Loans and LCs.

    F. Letter of Credit Facility: A portion of the DIP Facility
will be available for commercial letters of credit and standby
letters of credit arranged by DIP Agent and issued by the Issuing
Bank  (“LCs”) for the account of the Loan Parties in an
aggregate amount not to exceed $25 million of the Maximum Credit at
any time outstanding. The aggregate amount of outstanding LCs for
the account of a Loan Party will be reserved against the Borrowing
Base. Each DIP Lender under the DIP Facility will purchase an
irrevocable and unconditional participation in each LC. LCs
outstanding under the Pre-Petition Revolving Facility on the
Closing Date and issued by a DIP Lender shall be rolled into the
DIP Facility on the Closing Date.

    G. Swing Line Facility: A portion of the DIP Facility will be
available as swing line loans on same day notice with a sublimit in
the amount of $10 million. Swing Line Loans will be made available
by the Swing Line Lender and each Lender will purchase an
irrevocable and unconditional participation in each Swing Line
Loan.

    H. Borrowing Base: The Revolving Loans and LCs shall be
provided to Borrowers subject to the lesser of the Maximum Credit
or the Borrowing Base and otherwise subject to the terms and
conditions of the DIP Loan Documents.

    I. Interest and Fees:

        (1) Interest Rate Option. Borrowers may elect that
Revolving Loans bear (other than Swing Line Loans) interest at a
rate per annum equal to (a) the Base Rate plus the Revolving Loan
Applicable Margin or (b) LIBOR plus the Revolving Loan Applicable
Margin. Swing Line Loans will bear interest at a rate per annum
equal to the Base Rate plus the Revolving Loan Applicable Margin.

        (2) Unused Line Fee. Borrowers will pay to DIP Agent, for
the account of DIP Lenders, an unused line fee calculated at 0.75%
per annum until the last day of the first full month after closing
and adjusted thereafter every month to an amount equal to 0.75% per
annum multiplied by the difference between the Maximum Credit and
the average outstanding Revolving Loans and LCs during the
immediately preceding month, payable monthly in arrears. Swing Line
Loans will not be considered in the calculation of the Unused Line
Fee.

        (3) LC Fees.  Borrowers will pay to DIP Agent, for the
account of DIP Lenders, on the daily undrawn balance of LCs, a
letter of credit fee which will accrue at a per annum rate equal to
the Letter of Credit Usage Applicable Margin times the daily
undrawn amount of all outstanding LCs, payable monthly in arrears.
In addition, Borrowers shall pay issuance, arranging and other fees
of the Issuing Bank substantially as provided in the Pre-Petition
Revolving Credit Agreement.

        (4) Appraisal Fees. Borrowers will be required to pay (a) a
fee of $1,000 per day, per examiner, and (b) the actual fees or
charges paid or incurred by DIP Agent (but in no event less than a
charge of $1,000 per day, per person) plus reasonable and
documented out-of-pocket expenses, subject to the limitations set
forth in the DIP Credit Agreement.

        (5) DIP Facility Fee. Borrowers will pay to DIP Agent a DIP
Facility Fee in an amount of $350,000, for its own account and for
the account of other DIP Lenders in accordance with the agreements
among them (as applicable), which facility fee is fully earned on
the date hereof and will be due and payable in full in cash upon
the Closing Date.

        (6) Expense Reimbursement and Indemnity. As provided at
section 10.3 of the DIP Credit Agreement.

    J. Milestones / Maturity Date: The DIP Facility will be for a
term ending on the earliest of:

        (a) Nine months from the date of the Petition Date.

        (b) Thirty days after the entry of the Interim Order if the
Final Order has not been entered prior to the expiration of such
thirty- day period (or such longer period if consented to by DIP
Agent in writing).

        (c) The occurrence of the Exit Facility Conversion Date or
the effective date of a plan of reorganization filed in the Chapter
11 Cases pursuant to an order entered by the Bankruptcy Court, each
of which shall be in form and substance acceptable to DIP Agent. On
the Exit Facility Conversion Date, all loans and other obligations
outstanding under the DIP Facility shall be converted to loans
under the Exit Revolving Credit Facility, subject to terms and
conditions Agent and DIP Lenders.

        (d) The acceleration of the loans or termination of the
commitments under the DIP Facility.

A full-text copy of the Interim DIP Order dated June 8, 2016, with
Budget is available at https://is.gd/vwr2PI

A full-text copy of the Final DIP Order dated June 28, 2016, with
Budget is available at https://is.gd/mfDvwh

Proposed Counsel for Seventy Seven Finance Inc. and its debtor
affiliates:

       Robert J. Dehney, Esq.
       Andrew R. Remming, Esq.
       MORRIS, NICHOLS, ARSHT & TUNNELL LLP
       1201 N. Market St., 16th Flr.
       PO Box 1347
       Wilmington, DE 19899-1347
       Telephone: (302) 658-9200
       Facsimile: (302) 658-3989
       Email: rdehney@mnat.com
              aremming@mnat.com

       -- and --

       Emanuel C. Grillo, Esq.
       Christopher Newcomb, Esq.
       BAKER BOTTS LLP
       30 Rockefeller Plaza
       New York, New York 10112
       Telephone: (212) 892-4000
       Email: emanuel.grillo@bakerbotts.com
              chris.newcomb@bakerbotts.com

             About Seventy Seven Energy Inc.

Headquartered in Oklahoma City, Seventy Seven Energy Inc. (SSE) --
http://www.77nrg.com/-- provides wellsite services and equipment
to U.S. land-based exploration and production customers.  SSE's
services include drilling, hydraulic fracturing and oilfield
rentals and its operations are geographically diversified across
many of the most active oil and natural gas plays in the onshore
U.S., including the Anadarko and Permian basins and the Eagle Ford,
Haynesville, Marcellus, Niobrara and Utica shales.

Each of Seventy Seven Finance Inc., Seventy Seven Energy Inc.,
Seventy Seven Operating LLC, Great Plains Oilfield Rental, L.L.C.,
Seventy Seven Land Company LLC, Nomac Drilling, L.L.C., Performance
Technologies, L.L.C., PTL Prop Solutions, L.L.C., SSE Leasing LLC,
Keystone Rock & Excavation, L.L.C. and Western Wisconsin Sand
Company, LLC filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case Nos. 16-11409 to 16-11419,
respectively) on June 7, 2016.

The Debtors listed total assets of $1.77 billion and total
liabilities of $1.72 billion.

The Debtors have engaged Baker Botts LLP as general bankruptcy
counsel; Morris, Nichols, Arsht & Tunnell LLP as co-counsel; Lazard
Freres & Co. LLC as investment banker; Alvarez & Marsal as
restructuring advisor; and Prime Clerk LLC as notice, claims and
balloting agent.

Judge Laurie Selber Silverstein is assigned to the cases.


SOUTHWESTERN ENERGY: Fitch Affirms 'B+' IDR, Outlook Positive
-------------------------------------------------------------
Fitch Ratings has affirmed Southwestern Energy Company's
(Southwestern; NYSE: SWN) Long-Term Issuer Default Rating at 'B+'
and unsecured debt ratings at 'B+/RR4'.  Fitch has also assigned a
'BB+/RR1' rating to the company's new secured term loan and a
'B+/RR4' rating to its secured credit facility.  The Rating Outlook
has been revised to Positive from Negative.

The 'BB+' rating on the $1.191 billion secured term loan reflects
its security by substantially all assets of Southwestern Energy
Company and all proved oil and gas properties of its subsidiaries
located in the Fayetteville Shale.  The 'B+' rating on the $743
million secured credit facility considers that there is currently
no or very limited availability under the secured debt cap making
the credit facility effectively pari passu with other unsecured
debt.  The secured debt cap, as defined in the indentures, is up to
15% of consolidated net tangible assets (Fitch estimates
approximately $1.2 billion for the most recent fiscal quarter).
Fitch recognizes that availability under the secured debt cap may
change over time and result in all or a portion of secured credit
facility borrowings becoming secured and having priority over the
other unsecured debt.

The Positive Outlook reflects the company's improved liquidity
position and reduced repayment/refinance risk following the
recently completed bank and announced equity offering/debt tender
transactions, as well as the pending West Virginia acreage sale.
This helps moderate Fitch's previous concern that there was
heightened capital structure event risk.  While execution risk
remains, Fitch believes that the recent transactions will help to
alleviate financial and, potentially, operational constraints
leading to an improved credit profile.  Fitch also recognizes that
current natural gas prices provide an opportunity to layer in
hedges to further mitigate cash flow risk and support at least a
modest level of development funding.  Fitch would likely upgrade
Southwestern following execution of the equity and debt tender
transactions, as well as communication of a clear plan to manage
liquidity and re-establish operational momentum.

The current rating continues to reflect the $950 million in 2018
maturities, weak realized prices particularly in the Appalachia
region, operational momentum loss, and elevated leverage profile.
In order to maintain a neutral free cash flow (FCF) profile,
management decided to suspend all drilling activity reducing capex
to approximately $350 million in 2016, including capitalized
interest and expenses, from approximately $1.8 billion in 2015.
While reducing the call on near-term liquidity, this decision is
expected to result in a steep 15% average and 27% exit production
rate drop for 2016.  Fitch continues to recognize that
company-owned service equipment allows for cost and operating
flexibility but believes that the anticipated operational momentum
loss will require a considerable amount of capital and time to
reverse production trends.

Approximately $5.8 billion in debt is affected by today's rating
action.

                          KEY RATING DRIVERS

Southwestern's ratings are supported by its size, favourable
Marcellus and Utica acreage positions, solid midstream asset base,
and strong operating history.  Offsetting factors include the
company's heightened credit risk in a weak realized price
environment following its leveraged December 2014 acquisition of
Southwestern Appalachia acreage, nearly exclusive natural-gas focus
that results in lower netbacks per barrel of oil equivalent (boe)
relative to liquid peers, and limited geographic diversity.

The company reported net proved (1p) reserves of 6.2 trillion cubic
feet equivalent (Tcfe; approximately 95% natural gas) for the year
ended 2015, which is down over 40% mainly due to price revisions to
undeveloped reserves.  Production has grown over 27% year-over-year
to nearly 2.7 billion cubic feet equivalent per day (Bcf/d) for the
year ended 2015.  This increase is attributable to the integration
of nearly 0.4 Bcf/d of the acquired Southwestern Appalachia
production and about an equal amount of organic growth within the
Northeastern and Southwestern Appalachia properties offset by
production declines in the Fayetteville and other properties.
First quarter 2016 production declined approximately 4%
quarter-over-quarter to 2.6 Bcf/d illustrating the initial
production effects of very limited capital spending.

          FORECAST NEUTRAL FCF AND WIDER LEVERAGE METRICS

Fitch's base case forecasts Southwestern will generally be FCF
neutral for 2016.  Debt/EBITDA is estimated to increase to
approximately 11.2x in 2016 from approximately 3.2x mainly due to
the weaker realized oil & gas market pricing environment and lower
production.  Debt/1p reserves and debt per flowing barrel metrics
are forecast to be approximately $4.70/boe ($0.78/mcf) and $11,470
respectively.  The Fitch base case forecasts debt/EBITDA improves
to approximately 3.7x in 2018 mainly due to lower gross debt levels
and an improvement in the production profile and Fitch's oil & gas
price assumptions.

Fitch expects the majority of the secured term loan and net equity
proceeds, after the repayment of approximately $285 million in
credit facility borrowings, allocation of $450 million in pending
asset sale proceeds to the unsecured term loan, and up to $750
million in debt tender activity, to be held as cash & equivalents.
Fitch estimates the company's actions will result in considerably
lower net debt levels to approximately $3 billion by yearend 2016
from approximately $4.7 billion at yearend 2015.

As of May 2016, the company had hedges for 112 Bcf, or
approximately 15% of estimated production, at an average floor
price of $2.44/mcf.  Management expects to continue to
opportunistically add hedges while allowing for pricing upside. The
company's long-term target is to have at least 30% of production
hedge in any given year.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for Southwestern
include:

   -- WTI oil price that trends up from $35/barrel in 2016 to
      $65/barrel long-term;
   -- Henry Hub gas that trends up from $2.25/mcf in 2016 to
      $3.25/mcf long-term;
   -- Average differential over $0.75/mcf in 2016 followed by
      incremental improvements;
   -- Production below 2.3Bcf/d, or a 15% year-over-year decline,
      in 2016 followed by a rig-linked mid-single digit decline in

      2017 with a moderately positive growth profile thereafter as

      oil & gas prices improve;
   -- Liquids mix, principally natural gas liquids, remains
      relatively flat near-term with a pause in Southwestern
      Appalachia acreage development;
   -- Discretionary capital spending, excluding capitalized
      interest and expenses, is forecast to be $125 million in
      2016, consistent with guidance, followed by a relatively
      balanced capital spending profile;
   -- Asset divestitures assumed to be $450 million, consistent
      with the pending West Virginia acreage sale, in 2016 with
      proceeds used to pay down the unsecured term loan;
   -- Receipt of approximately $1.2 billion in equity capital;
   -- Execution of $750 million debt tender.

RATING SENSITIVITIES

Positive: Future developments that may, individually or
collectively, lead to a positive rating action include:

   -- Demonstrated commitment to lower gross debt levels; and
   -- Mid-cycle debt/EBITDA less than 3.5x - 4.0x on a sustained
      basis;
   -- Mid-cycle debt/1p reserves below $5.00/boe and/or
      debt/flowing barrel under $20,000;
   -- Improving unit cost profile.

Negative: Future developments that may, individually or
collectively, lead to a negative rating action include:

   -- Failure to meaningfully address the capital structure in a
      weak realized pricing environment;
   -- Mid-cycle debt/EBITDA above 5.0x on a sustained basis;
   -- Mid-cycle debt/1p reserves nearing $5.50 - $6.00/boe and/or
      debt/flowing barrel above $22,500;
   -- Material loss of operational momentum and/or further
      weakening of the unit cost profile.

             LIQUIDITY, COVENANTS, AND MATURITY PROFILE

Fitch estimates pro forma cash & equivalents of approximately
$1.3 billion as of March 31, 2016.  An additional source of
liquidity is the company's new $743 million secured credit facility
(approximately $595 million available, considering approximately
$148 million in outstanding letters of credit, as of March 31,
2016) maturing in December 2020, subject to a springing maturity
provision.  The credit facility is subject to a springing maturity
of October 2019 if the company has not amended, redeemed, or
refinanced at least $765 million of the $850 million notes due
January 2020 by October 2019.  Under the terms of the agreements,
any amendments to the 2020 notes or refinance debt must extend to
at least March 2021.  Southwestern will also have access to $66
million under the existing unsecured credit facility through
December 2018.

The main financial covenant is a minimum interest coverage covenant
of greater than 0.75x through Dec. 31, 2016, followed by annual
increases.  The company also has a minimum liquidity covenant of
$300 million, subject to an increase of up to $500 million if out
of compliance with certain EBITDAX or leverage metrics.  The
secured term loan and credit facility have a minimum collateral
coverage ratio covenant of 1.5x based on an adjusted PV9 that
includes only 35% of total proved non-producing and proved
undeveloped oil and gas properties.  Other covenants consist of
customary additional lien and debt limitations, transaction
restrictions, and change in control provisions.  The additional
debt covenant allows for up to $1.1 billion of secured debt by
issued by certain subsidiaries.

Maturities on outstanding debt are manageable before 2018.  The
7.15% notes have annual payments of $1.2 million through 2017 with
the remaining principal balance of $24.6 million due in 2018.  An
additional $40 million (7.35% and 7.125% notes), $950 million (7.5%
and 3.3% notes), and $850 million (4.05% notes) mature in 2017,
2018, and 2020, respectively. Fitch believes the recently announced
equity and debt tender transactions help alleviate
refinance/repayment risks.

Southwestern also has recently amended and restated its $750
million unsecured term loan due December 2020, subject to subject
to repayment and springing maturity provisions.  The repayment
provision requires that at least $375 million of the unsecured term
loan is repaid by June 2017.  The company's recent equity offering
and pending sale of 55,000 net acres in West Virginia for $450
million to Antero Resources Corporation mitigate the repayment
provision risk.  The terms of the agreement require proceeds from
future asset sales, as well as certain debt and equity issuances,
be used to reduce unsecured term loan borrowings.  The unsecured
term loan springing maturity is consistent with the secured term
loan and secured credit facility provision.

                    MANAGEABLE OTHER LIABILITIES

The company's pension obligations were underfunded by approximately
$30 million as of Dec. 31, 2015, which Fitch considers to be
manageable when scaled to mid-cycle funds from operations.
Southwestern's asset retirement obligation (ARO) was about $201
million as of Dec. 31, 2015, which is generally consistent with the
previous year's reported obligations.

Other obligations totalled approximately $9.2 billion on a
multi-year, undiscounted basis as of Dec. 31, 2015.  The
obligations include: $8.9 billion in pipeline demand transportation
charges, $278 million in operating leases for equipment, office
space, etc., and $49 million in compression services.  Nearly $3.4
billion of the reported pipeline obligations still require
regulatory approvals and additional construction efforts.

FULL LIST OF RATING ACTIONS

Southwestern Energy Company
   -- Long-term IDR affirmed at 'B+';
   -- Secured term loan assigned 'BB+'/RR1;
   -- Secured credit facility assigned 'B+'/RR4;
   -- Senior unsecured notes affirmed at 'B+'/'RR4';
   -- Unsecured credit facility affirmed at 'B+'/'RR4';
   -- Unsecured term loan affirmed at 'B+'/'RR4';
   -- Short-term IDR affirmed at 'B'
   -- Commercial paper program affirmed at 'B'.

The Rating Outlook is revised to Positive from Negative.


SOUTHWESTERN WISCONSIN: 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 Southwestern Wisconsin Dairy Goat Products
Cooperative.

Southwestern Wisconsin Dairy Goat Products Cooperative sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.
Wis. Case No. 16-11994) on June 3, 2016.  The Debtor is represented
by Eliza M. Reyes, Esq., at Krekeler Strother, S.C.


SS&C TECHNOLOGIES: S&P Affirms 'BB' CCR, Outlook Stable
-------------------------------------------------------
S&P Global Ratings said it revised its outlook on Windsor,
Conn.-based SS&C Technologies Inc. to stable from negative and
affirmed the 'BB' corporate credit rating.

At the same time, S&P affirmed its 'BB' issue-level rating, with a
recovery rating of '3', on the company's secured credit facility,
which consists of a $150 million revolving credit facility (undrawn
as of March 31, 2016) and $2.48 billion term loan ($2.19 billion
outstanding as of March 31, 2016).  The '3' recovery rating
indicates S&P's expectation for a meaningful (50% to 70%; higher
half of the range) recovery in the event of a payment default.

S&P also affirmed its 'B+' issue-level rating, with a recovery
rating of '6', on the company's $600 million senior unsecured
notes.  The '6' recovery rating indicates S&P's expectation for a
negligible (0% to 10%) recovery in the event of a payment default.

"The outlook revision reflects SS&C's achievement of a majority of
the planned synergies from the Advent acquisition and the repayment
of debt from free cash flow generation," said S&P Global Ratings
credit analyst Peter Bourdon.

S&P had revised the outlook to negative in June 2015 following the
company's announcement of its debt-financed acquisition of Advent
for $2.7 billion and re-leveraging of the capital structure to
about 5.7x.  The company's leverage, now down to about 5x as of
March 31, 2016, has benefitted from its growing EBITDA base from
the additional equity-financed acquisitions of Primatics Financial
in November 2015 for $116 million and Citigroup's Alternative
Investor Services for $321 million in March 2016.  While S&P
expects the company to continue operating as a consolidator, S&P
expects it to use the majority of free cash flow over the next year
to repay debt and decrease leverage.

The stable outlook reflects S&P's expectation that the company will
continue to achieve organic revenue growth and EBITDA margin
expansion from acquisition synergies and that leverage will
continue declining from its current leverage level around 5x mostly
due to debt reduction.


STARZ LLC: Moody's Puts Ba2 CFR on Review for Downgrade
-------------------------------------------------------
Moody's Investors Service placed Starz, LLC's Ba2 Corporate Family
Rating (CFR), Ba2 senior secured notes, and Ba2-PD Probability of
Default rating on review for downgrade. The review is prompted by
Lions Gate Entertainment Corp.'s (Lionsgate - Ba3, review for
downgrade) announcement  that it has entered into a definitive
agreement to acquire Starz LLC for cash and stock.

Under the terms of the agreement, holders of each share of Starz
Series A common stock will receive $18 in cash as well as 0.6784 of
a share of Lionsgate non-voting stock. Holders of each share of
Starz Series B will receive $7.26 in cash and 0.6321 shares of
Lionsgate voting stock and 0.6321 shares of Lionsgate non-voting
stock. Subsequently, each share of Lionsgate common stock will be
reclassified into 0.5 voting and 0.5 newly created non-voting
shares. The Company intends to raise $1.6 billion in debt to fund
the cash portion of the deal, with the remaining portion of the
acquisition cost being funded with stock. Further, Lionsgate
expects to refinance its debt and Starz's debt at the closing of
the transaction.

A summary of today's actions follow:

On Review for Downgrade:

Issuer: Starz, LLC

-- Corporate Family Rating, currently Ba2

-- Probability of Default Rating, currenty Ba2-PD

-- Senior Secured Notes, currently Ba2 (LGD4)

Outlook Actions:

-- Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

Moody's said, "The rating action is based on our expectation for an
increase in Starz LLC's gross debt levels following the
transaction. Moody's estimates that pro-forma debt-to-EBITDA
(incorporating Moody's adjustments) for the combined entity will be
in the mid 5x range as of December 31, 2016. Notwithstanding
strategic benefits and potential operational synergies and
significant cash savings associated with the deal, we believe
incremental debt of $1.6 billion will adversely impact Starz's
credit profile. However, the company expects to reduce leverage by
1.0 to 1.5 turns within 12 months to 18 months following completion
of the transaction. Furthermore, Lionsgate management has indicated
that it expects to suspend its dividend after completing the
transaction as they focus on deleveraging quickly."

Moody's notes that pro-forma adjusted leverage of roughly 5.5x is
more reflective of a B1 CFR. In addition to pro-forma credit
metrics for the combined entity, the review process will focus on
Lionsgate's ability to de-lever following the integration of Starz,
any potential cost and revenue synergies from the deal, incremental
cash savings, asset sales and use of proceeds. A credible plan to
deleverage within the company's designated 12 to 18 months could
result in leverage at or under 4.0x, and more commensurate with a
Ba3 CFR. Moody's will also focus on the potential impact of the
combination on operating performance including new content
opportunities, added leverage in negotiations with content
distributors and diversification of business lines. If the
transaction and refinancing of all debt occur as proposed, Moody's
will withdraw the company's current instrument level ratings.

Lionsgate, domiciled in British Columbia, Canada (headquartered in
Santa Monica, CA), is a motion picture and television studio with a
diversified presence in the production and distribution of motion
pictures, television programming, home entertainment,
video-on-demand and digitally delivered content. Annual revenues
approximate $2.3 billion.

Starz, headquartered in Englewood, Colorado, supplies television
and movie programming to U.S. multichannel video distributors
including cable, direct broadcast satellite, and telecommunication
service providers. Annual revenues approximate $1.7 billion.


STONE ENERGY: Terminates Drilling Contract with ENSCO
-----------------------------------------------------
Stone Energy Corporation announced the termination of an existing
long term deep water rig commitment and the execution of a new
interim Appalachian midstream contract.

Stone and Ensco have agreed to terminate Stone's current contract
with Ensco for total consideration of $20 million, approximately $5
million of which was a deposit previously provided to Ensco
pursuant to the drilling services contract.  Further, Stone agreed
to provide Ensco the opportunity to perform certain drilling
services commenced before Dec. 31, 2019, and Stone paid Ensco a $5
million deposit to be used as a credit against future drilling
activities initiated before March 31, 2017, subject to extension in
certain circumstances.  The ENSCO 8503 deep water rig contract was
at a day rate of $341,000 and was scheduled to expire in August
2017.

Separately, Stone entered into an interim gas gathering and
processing agreement with Williams at the Mary field in Appalachia.
The mutually beneficial interim agreement provides near-term
relief for Stone by permitting Stone to resume production at the
Mary field, thereby providing greater volume to Williams.  Volumes
from the Mary field are now at approximately 45 MMcfe per day and
are expected to climb to over 60 MMcfe per day in July and then
over 100 MMcfe per day in August.  These volumes are in addition to
the approximately 20 MMcfe per day producing from the Heather and
Buddy fields.  The effects of this agreement on annual guidance,
including production volumes and associated costs, are still being
assessed.  Updates to annual guidance will be provided in Stone's
second quarter 2016 press release.

Chairman, President and CEO David Welch stated, "We are very
pleased to reach agreement with both Ensco and Williams on these
two important contracts.  The termination of the Ensco contract
eliminates a long term obligation, which provides Stone with
additional financial flexibility.  The interim contract with
Williams allows us to resume profitable production and positive
cash flow at our Mary field in West Virginia.  We appreciate
Ensco’s and Williams' willingness to work with Stone during this
difficult period of sustained low commodity prices."

                     About Stone Energy

Stone Energy Corporation (NYSE: SGY) is an oil and natural gas
company engaged in the acquisition, exploration, development and
operation of oil and gas properties.  The Lafayette,
Louisiana-based Company operates in the Gulf of Mexico Basin.

                        *     *     *

The Troubled Company Reporter, on June 17, 2016, reported that S&P
Global Ratings said it raised its corporate credit rating on oil
and gas exploration and production company Stone Energy Corp. to
'CCC-' from 'D'.  The outlook is negative.

S&P also raised the issue-level rating on the company's senior
unsecured debt to 'CCC-' from 'D'.  The recovery rating is '3',
indicating S&P's expectation of meaningful (high end of the 50% to
70% range) recovery if a payment default occurs.

The 'CCC-' corporate credit rating reflects the risk that Stone
could elect to file for Chapter 11 and/or restructure its debt
within the next six months.  S&P expects the borrowing base for
the company's reserve-based lending facility to decrease in the
fall, further pressuring liquidity on top of lower cash flows from
operations.  S&P also notes that the company has an upcoming
$300 million maturity in March 2017, and S&P believes the company
would have trouble accessing capital markets to refinance it given
current market conditions.


SWORDS GROUP: 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 Swords Group, LLC.

Swords Group, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Tenn. Case No. 16-03837) on May 26,
2016.  

The petition was signed by Jerry Swords, president.  The case is
assigned to Judge Marian F. Harrison.

At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


TALBOT ENTERPRISES: Wants Plan Filing Period Extended to Sept. 5
----------------------------------------------------------------
Talbot Enterprises of Pine Bluff, Inc., asks the U.S. Bankruptcy
Court or the Eastern District of Arkansas to extend the exclusive
plan filing period extended for 60 days to and including Sept. 5,
2016.

Pursuant to the Court's order, the Debtor is required to file a
Chapter 11 Plan and Disclosure Statement by July 6, 2016.

The Debtor's counsel can be reached at:

     J. Brad Moore, Esq.
     FREDERICK S.WETZEL, III, P.A.
     200 North State Street, Suite 200
     Little Rock, AR 72201
     Tel: (501) 663-0535
     Fax: (501) 372-1550
     E-mail: fswetzel@fswetzellaw.com

Headquartered in White Hall, Arizona, Talbot Enterprises of Pine
Bluff, Inc., dba White Hall Store It All, filed for Chapter 11
bankruptcy protection (Bankr. E.D. Ark. Case No. 15-11195) on March
13, 2015, estimating its assets and liabilities at between $1
million and $10 million each.  The petition was signed by Beau
Talbot, president.

Judge Richard D. Taylor presides over the case.

J. Brad Moore, Esq., at Frederick S. Wetzel, III, P.A., serves as
the Debtor's bankruptcy counsel.


TRIANGLE PETROLEUM: Kenneth Hersh Files Schedule 13D with SEC
-------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Kenneth A. Hersh, et al., disclosed that as of
June 8, 2016, they beneficially own 22,250,565 shares of common
stock of Triangle Petroleum Corporation representing 23.6 percent
of the shares outstanding.  

Mr. Hersh is an authorized member of GFW X, the general partner of
G.F.W. Energy, which is the general partner of each of (i) NGP X,
which owns a controlling interest in NGP Triangle, and (ii) NGP
Parallel.  Accordingly, Mr. Hersh may be deemed to share voting and
dispositive power over the reported securities of NGP Triangle, NGP
X and NGP Parallel and, therefore, may also be deemed to be a
beneficial owner of the reported securities of NGP Triangle, NGP X
and NGP Parallel.  Mr. Hersh disclaims beneficial ownership of the
reported securities of NGP Triangle, NGP X and NGP Parallel in
excess of his pecuniary interest therein.

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

                     https://is.gd/AcfIjn

                   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.

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.


UNIQUE RECYCLING: U.S. Trustee Forms 2-Member Committee
-------------------------------------------------------
The U.S. trustee for Region 17 on June 30 appointed two creditors
of Unique Recycling Corporation of California to serve on the
official committee of unsecured creditors.

The committee members are:

     (1) Aludia Argouarch
         United Cerebral Palsy of the North Bay, Inc.
         3835 Cypress Drive, Suite 103
         Petaluma, CA 94954

     (2) Aaron Langdon
         ILDS Sign Co.
         5813 E. Harvard Ave.
         Fresno, CA 93727

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

                        About Unique Recycling

Unique Recycling Corporation of California sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Calif. Case No.
16-10476) on May 31, 2016.  

The petition was signed by Tommy DeHennis, vice president.  The
case is assigned to Judge Alan Jaroslovsky.

At the time of the filing, the Debtor disclosed $580,064 in assets
and $1.42 million in liabilities.


VICTORIA TEODORESCU: Judge Approved East Hampton Property Sale
--------------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York authorized Victoria Teodorescu to sell real
property she co-owns with ex-spouse Radu Teodorescu known as and
located at 7 Buckskill Road, East Hampton, New York ("Real
Property") to Gary Kravetz, the Stalking Horse Bidder. Judge Drain
also approved the break-up fee in an amount not to exceed $70,000
to the stalking horse bidder, subject to higher and/or better
offers as may be tendered prior to the offer deadline.

The Terms of Sale between the Debtor and the Stalking Horse Bidder
to purchase the Real Property for the purchase price, and a 10%
deposit tendered to Debtor's counsel to hold in escrow, provides a
substantial benefit to the Debtor's estate because it provides for
the prompt sale the Real Property.  The stalking horse bidder's
offer is the highest and best offer for the Property after due
notice and a fair sale process.

Judge Drain held that the Debtor's entry into and the performance
of the Terms of Sale is a reasonable exercise of her business
judgment for the best interest of her estate.

The sale of the real property will be free and clear of the liens,
including any successor liabilities, with all such liens to attach
to the proceeds of the sale.

All persons and entities holding any such liens will be forever
barred, estopped and permanently enjoined from asserting such
claims against the Stalking Horse Bidder, his successors or
assigns, and/or the Real Property, unless the Stalking Horse Bidder
has expressly assumed the liabilities for such Liens under the
Terms of Sale.

The Debtor is authorized to pay, at the closing of the foregoing
sale from the sale proceeds, after the payment or provision for all
reasonable closing costs and related fees, the agreed allowed
claims secured by all valid and enforceable liens on the Real
Property.  Any disputed amounts will be retained and reserved in an
attorney's escrow account, subject to further determination by the
Court or agreement by the parties after any necessary notice.

Victoria Teodorescu sought Chapter 11 protection (Bankr. S.D.N.Y.
Case No. 14-23450) in 2014.


WAGNER ENTERPRISES: Hires Murphy Law Offices as Attorney
--------------------------------------------------------
Wagner Enterprises, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of Montana to employ Edward
Murphy of the Murphy Law Offices as Attorney.

The Debtor requires Edward Murphy to:

     a. prepare of a plan and disclosure statement;

     b. negotiate with creditors;

     c. represent the estate in court proceedings;

     d. attend the section 341 meeting; and

     e. consult with the Debtors with respect to the requirements
of a chapter 11 case.

The compensation agreed upon by the Debtor and Edward Murphy is
$200 per hour.

Edward Murphy received a general retainer in the amount of $6,717,
of which $1,717 was used to pay the filing fee and $1,860 was
earned prior to filing the petition leaving a balance of $3,140
which shall not be used to pay compensation or fro reimbursement of
expenses.

Edward Murphy, of Murphy Law Offices, PLLC, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Murphy Law Offices may be reached at:

      Edward Murphy, Esq.
      Murphy Law Offices, PLLC
      P.O. Box 2639
      Missoula, MT 59806
      Tel: 406-728-2671
      Fax: 866-705-2260
      E-mail: rusty@murphylawoffices.net

                  About Wagner Enterprises, LLC

Wagner Enterprises filed a Chapter 11 bankruptcy petition (Bankr.
D. Mont. Case No. 16-60622) on June 17, 2016. Edward Murphy, Esq.,
at Murphy Law Offices as bankruptcy counsel.


WESTERN GAS: Moody's Assigns Ba1 Rating on Proposed 2026 Notes
--------------------------------------------------------------
Moody's Investors Service  assigned a Ba1 rating to Western Gas
Partners, LP's ("Western Gas") proposed offering of senior notes
due 2026. Proceeds from the new notes offering will be used to
repay outstanding revolver borrowings under the company's revolving
credit facility. All existing ratings of Western Gas, including the
Ba1 Corporate Family Rating (CFR), and the negative outlook are
unchanged.

"Western Gas is proactively refinancing revolver borrowings on a
long-term basis, which sustains its liquidity profile," commented
Pete Speer, Moody's Senior Vice President.

Assignment:

Issuer: Western Gas Partners, LP

-- Senior Unsecured Notes due 2026, Assigned at Ba1 (LGD4)

RATINGS RATIONALE

The new senior notes have been rated Ba1, consistent with the
ratings of Western Gas's existing senior notes. The new notes are
unsecured and have no subsidiary guarantees, consistent with
Western Gas's other senior notes and its committed revolving credit
facility. The senior notes are rated the same as the CFR since all
of the partnership's debts are pari passu.

Western Gas' Ba1 CFR is supported by its high proportion of
fee-based revenues that provides revenue stability, good commodity
and basin diversification, and relatively low financial leverage.
The partnership's direct commodity price exposure is limited by
hedging arrangements with Anadarko Petroleum Corporation
("Anadarko"), but it does have exposure to fluctuations in
production volumes, particularly in its gathering business. While
its stand-alone credit attributes could support a Baa3 rating,
Western Gas's high customer concentration risk with Anadarko
combined with Anadarko's controlling ownership effectively limits
its rating to that of Anadarko's (Ba1 negative).

Moody's said, "The notes offering will be used to refinance
outstanding borrowings under the company's $1.2 billion bank
revolving credit facility, which were $630 million at March 31,
2016. We expect Western Gas to maintain adequate liquidity into
2017 because of the substantial borrowing availability on its
revolver following this notes offering."

The outlook is negative, consistent with the negative outlook for
Anadarko's ratings. A downgrade of Anadarko below Ba1 would likely
result in a downgrade of Western Gas. The partnership's ratings
could also be downgraded if leverage were to significantly increase
because of debt-funded acquisitions or significant earnings
declines from lower customer production volumes. Debt/EBITDA
sustained above 5x could result in a ratings downgrade.

In order for Western Gas's ratings to be upgraded to Baa3,
Anadarko's ratings must be upgraded to Baa3 or higher and the
partnership will have to sustain its asset and earnings scale while
maintaining its fee-based focus and low financial leverage on a
consistent basis.

Western Gas is a publicly traded master limited partnership (MLP)
that provides midstream energy services primarily to Anadarko
Petroleum Corporation as well as other third party oil and gas
producers and customers. Anadarko controls Western Gas through its
ownership of the general partner (GP) of Western Gas Equity
Partners, LP (WGP, unrated), which owns the GP of Western Gas and a
meaningful amount of Western Gas's limited partner (LP) interests.


WESTERN WOOD: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Western Wood Products, Inc.,
        a Wyoming profit corporation
        PO Box 1414
        Raton, NM 87740

Case No.: 16-11636

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       District of New Mexico (Albuquerque)

Judge: Hon. David T. Thuma

Debtor's Counsel: William F. Davis, Esq.
                  WILLIAM F. DAVIS & ASSOC., P.C.
                  6709 Academy NE, Suite A
                  Albuquerque, NM 87109
                  Tel: 505-243-6129
                  Fax: 505-247-3185
                  E-mail: daviswf@nmbankruptcy.com

                     - and -

                  Nephi D Hardman, Esq.
                  WILLIAM F. DAVIS & ASSOC., P.C.
                  6709 Academy NE, Suite A
                  Albuquerque, NM 87109
                  Tel: 505-243-6129
                  Fax: 505-247-3185
                  E-mail: nhardman@nmbankruptcy.com

Total Assets: $5.86 million

Total Liabilities: $8 million

The petition was signed by Raymond D. Levengood, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nmb16-11636.pdf


WILLIAM COLE: Proposes Aug. 15, 2016 Claims Bar Date
----------------------------------------------------
William and Milagros Cole on June 29, 2016, filed a motion asking
the U.S. Bankruptcy Court for the District of Massachusetts to
issue an order establishing Aug. 15, 2016, as the date by which all
creditors required by Rule 3003 to file proofs of claim, including
those creditors holding disputed, contingent or unliquidated claims
or interest, must file their proofs of claim or be forever barred
from asserting said claims or interests.

William Cole and Milagros Cole sought Chapter 11 protection (Bankr.
D. Mass. Case No. 16-11695) on May 3, 2016.

The Debtor's attorney:

         Michael Van Dam, Esq.
         VAN DAM LAW LLP
         233 Needham Street, Suite 540
         Newton, MA 02464
         Tel: (617) 969-2900
         Fax: (617) 964-4631
         E-mail: mvandam@vandamlawllp.com


YRC WORLDWIDE: Amends Loan Agreement with Citizens Business
-----------------------------------------------------------
YRC Worldwide Inc. and certain of its subsidiaries entered into
Amendment No. 2 to the Loan and Security Agreement, which amends
the Loan and Security Agreement, dated as of Feb. 13, 2014, by and
among the Company, certain of the Company's subsidiaries party
thereto, the lenders party thereto and Citizens Business Capital, a
division of Citizens Asset Finance, Inc., a subsidiary of Citizens,
N.A., as agent.

The Amendment, among other things: (a) replaces the floating
interest rate spread with a flat spread, reducing current interest
costs by 50 basis points from LIBOR plus 2.25% to LIBOR plus 1.75%,
(b) extends the maturity date from February 2019 to June 2021
subject to certain conditions, (c) amends the definitions of "Cash
Dominion Trigger Event" and "Cash Dominion Trigger Period" to
require that the Company maintain availability in an amount equal
to at least 10% of the Collateral Line Cap, rather than at least
12.5% of the Collateral Line Cap, improving the Company's
flexibility to utilize cash that would have previously been
restricted, (d) amends the definition of "Eligible Borrowing Base
Cash" to provide the Company with increased flexibility to manage
and maximize the amount of cash included in the Borrowing Base, and
(e) amends the definition of "Accelerated Reporting Triggering
Event" to state that such an event occurs when Availability is less
than or equal to 10% of the Collateral Line Cap, rather than when
it is less than or equal to 15% of the Collateral Line Cap.

A full-text copy of the Amendment to Loan and Security Agreement is
available for free at https://is.gd/4rsbVb

                        About YRC Worldwide

Headquartered in Overland Park, Kan., YRC Worldwide Inc. (NASDAQ:
YRCW) -- http://www.yrcw.com/-- is a holding company that offers
its customers a wide range of transportation services.  These
services include global, national and regional transportation as
well as logistics.

YRC Worldwide reported net income attributable to common
shareholders of $700,000 on $4.83 billion of operating revenue for
the year ended Dec. 31, 2015, compared to a net loss attributable
to common shareholders of $85.8 million on $5.06 billion of
operating revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, YRC Worldwide had $1.86 billion in total
assets, $2.25 billion in total liabilities and a shareholders'
deficit of $392.7 million.

                            *    *    *

As reported by the TCR on Feb. 18, 2014, Moody's Investors Service
had upgraded the Corporate Family Rating for YRC Worldwide from
'Caa3' to 'B3', following the successful closing of its
refinancing transactions.

In the Aug. 11, 2015, TCR report, Standard & Poor's Ratings
Services said that it has raised its corporate credit rating on
Overland, Kan.-based less-than-truckload (LTL) trucking company YRC
Worldwide to 'B-' from 'CCC+'.

"The upgrade reflects YRC's earnings growth and improved liquidity
position, along with our belief that gradual improvement in the
company's operating performance will result in credit measures that
are commensurate with the rating," said Standard & Poor's credit
analyst Michael Durand.


YRC WORLDWIDE: Extends Terms of $450 Million ABL Facility
---------------------------------------------------------
YRC Worldwide Inc. announced that it has amended several key terms
of its Asset Based Loan Facility.  The most substantial changes
were:

   * A 50 basis points (bps) reduction in interest spread from
     Libor + 225 bps to Libor + 175 bps;
   
   * Subject to certain conditions, the maturity has been extended

     from February 2019 to June 2021; and
   
   * A reduction in availability requirements under the Facility;
     this reduction increases the Company's flexibility to utilize
     cash previously required to be restricted under the Facility.

Jamie Pierson, YRCW's chief financial officer, stated, "Since we
refinanced the company in first quarter 2014, our operating results
have substantially improved.  As a result, our leverage has
decreased from 5.3 times for the last 12 months (LTM) ending
December 2013 to 3.2 times for the LTM ending March 2016.  I am
pleased that our ABL lenders have recognized YRCW’s improved
financial performance, and this amendment is a tangible example of
that recognition.  Our ability to reduce the leverage ratio is a
credit to our entire organization's drive to identify and implement
great return on investment (ROI) projects that contribute to
bottom-line improvement.  This amendment should allow YRCW to
better utilize its financial resources to continue investing in the
company."

Citizens Bank, NA acted as Joint Lead Arranger, Joint Book runner
and Administrative Agent while Bank of America and PNC Capital
acted as Co-Syndication Agents as well as Joint Lead Arrangers and
Joint Book runners.  ING and CIT acted as Co-Documentation Agents.


                      About YRC Worldwide

Headquartered in Overland Park, Kan., YRC Worldwide Inc. (NASDAQ:
YRCW) -- http://www.yrcw.com/-- is a holding company that offers
its customers a wide range of transportation services.  These
services include global, national and regional transportation as
well as logistics.

YRC Worldwide reported net income attributable to common
shareholders of $700,000 on $4.83 billion of operating revenue for
the year ended Dec. 31, 2015, compared to a net loss attributable
to common shareholders of $85.8 million on $5.06 billion of
operating revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, YRC Worldwide had $1.86 billion in total
assets, $2.25 billion in total liabilities and a shareholders'
deficit of $392.7 million.

                            *    *    *

As reported by the TCR on Feb. 18, 2014, Moody's Investors Service
had upgraded the Corporate Family Rating for YRC Worldwide from
'Caa3' to 'B3', following the successful closing of its
refinancing transactions.

In the Aug. 11, 2015, TCR report, Standard & Poor's Ratings
Services said that it has raised its corporate credit rating on
Overland, Kan.-based less-than-truckload (LTL) trucking company YRC
Worldwide to 'B-' from 'CCC+'.

"The upgrade reflects YRC's earnings growth and improved liquidity
position, along with our belief that gradual improvement in the
company's operating performance will result in credit measures that
are commensurate with the rating," said Standard & Poor's credit
analyst Michael Durand.


[*] Blair Heads Deloitte Advisory Corporate Restructuring Group
---------------------------------------------------------------
Kirk Blair, a Deloitte Advisory partner with Deloitte Financial
Advisory Services LLP, has been named Deloitte Advisory Corporate
Restructuring Group leader.  He succeeds William Snyder, who will
leave Deloitte in July to pursue other ventures.

"Our organization is committed to investing in and growing our
restructuring business, offering services to lenders as well as
companies facing financial distress," said Mr. Blair.  "William has
been a great leader in our practice for more than four years, and
we wish him well in his future endeavors."

Michael Epstein, a Deloitte Advisory principal with Deloitte
Transactions and Business Analytics LLP, has been named Deloitte's
global managing director for restructuring services.  He succeeds
Andrew Grimstone, Deloitte UK partner, who will remain as head of
Deloitte's special situations advisory teams globally.

Mike Rohrig, Deloitte Advisory partner and financial transactions
practice leader with Deloitte & Touche LLP added, "Kirk's and
Michael's extensive experience and exceptional track record in
helping clients with their bankruptcy and restructuring matters
make them outstanding choices to lead our practice to continued
growth.  I'm excited to see them continue building upon the
successful foundation that William has helped shape."

Based in New York, Mr. Blair has more than 25 years of experience
working on financial restructuring, bankruptcy reorganization, and
bankruptcy accounting and compliance matters, 15 of which were
spent at Deloitte.  He has served on some of the largest
bankruptcies and restructurings that have occurred in the past
decade.  He is a member of American Institute of Certified Public
Accountants, the Turnaround Management Association, and the
Association of Insolvency and Restructuring Advisors.  Mr. Blair
earned his bachelor's degree from Syracuse University.

Based in Boston, Mr. Epstein has 27 years of experience helping
clients with financial restructuring, turnaround management, asset
management, bankruptcy reorganization and performance improvement
matters.  Earlier in his career, Mr. Epstein was US CEO of a
European based software company and in 2007, he co-founded CRG
Partners Group LLC, which Deloitte US acquired in 2012.  He is a
member of the American Bankruptcy Institute.  He earned his
bachelor's degree from Tufts University and his MBA from the
University of Pennsylvania's Wharton School.

                          About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited,
a U.K. private company limited by guarantee ("DTTL"), its network
of member firms, and their related entities.  DTTL and each of its
member firms are legally separate and independent entities.  DTTL
(also referred to as "Deloitte Global") does not provide services
to clients.

                     About Deloitte Advisory

Deloitte Advisory helps organizations turn critical and complex
business issues into opportunities for growth, resilience and
long-term advantage.

As used in this document, "Deloitte Advisory" means Deloitte &
Touche LLP, which provides audit and enterprise risk services;
Deloitte Financial Advisory Services LLP, which provides forensic,
dispute and other consulting services; and its affiliate, Deloitte
Transactions and Business Analytics LLP, which provides a wide
range of advisory and analytics services.  Deloitte Transactions
and Business Analytics LLP is not a certified public accounting
firm.  These entities are separate subsidiaries of Deloitte LLP,
the member firm of DTTL in the United States of America.


[*] Global Healthcare REIT Sells Nursing Facility in Georgia
------------------------------------------------------------
Global Healthcare REIT, Inc., a company that owns healthcare
properties and leases them to senior care facility operators, has
closed upon and consummated a definitive purchase and sale
agreement to sell a 71-bed skilled nursing facility in Union Point,
Georgia to Greene County LTC, LLC, a Georgia limited liability,
company for $3.8 million.

The facility consists of a 71-bed skilled nursing facility known as
Greene Pointe Healthcare Center located at 1321 Washington Highway,
Union Point, Georgia 30669.  The Buyer is the former lease operator
of the facility.

Goodwill Nursing Home

Concurrently with the sale of the Greene Point property, the
Company also executed a new ten year operating lease covering the
Goodwill Nursing Home located in Macon, Georgia.  The lease
operator is an affiliate of the Greene Point buyer.  The Goodwill
facility was closed by Georgia regulators in January 2016 when the
former lease operator filed a Chapter 11 bankruptcy petition.  The
new lease is effective but the term does not commence until and
unless the State of Georgia issues the requisite approvals needed
to recertify and reopen the facility.  In addition, either the
former lease operator currently in bankruptcy must reject the
existing lease or the Company must seek a relief from stay and
request an Order of the Bankruptcy Court terminating the lease.
While awaiting such approvals, the new lease operator has committed
to investing a minimum of $1.0 million in refurbishing the
property.

                 About Global Healthcare REIT

Global Healthcare REIT -- http://www.gbcsreit.com-- acquires real
estate properties primarily engaged in the healthcare industry,
including skilled nursing homes, assisted living and independent
living facilities.  The company does not operate its own healthcare
facilities, but leases its properties under long term operating
leases.  After the sale of Greene Point it owns controlling
interests in 10 facilities primarily across the Southeastern U.S.


[^] BOND PRICING: For the Week from June 27 to July 1
-----------------------------------------------------
  Company                  Ticker   Coupon Bid Price   Maturity
  -------                  ------   ------ ---------   --------
A. M. Castle & Co          CAS      12.750    74.974 12/15/2016
A. M. Castle & Co          CAS       7.000    59.625 12/15/2017
ACE Cash Express Inc       AACE     11.000    48.375   2/1/2019
ACE Cash Express Inc       AACE     11.000    48.375   2/1/2019
Affinion Group Inc         AFFINI    7.875    47.050 12/15/2018
Affinion Investments LLC   AFFINI   13.500    52.500  8/15/2018
Alpha Appalachia
  Holdings Inc             ANR       3.250     1.000   8/1/2015
Alpha Natural
  Resources Inc            ANR       6.000     0.250   6/1/2019
Alpha Natural
  Resources Inc            ANR       6.250     0.550   6/1/2021
Alpha Natural
  Resources Inc            ANR       7.500     1.000   8/1/2020
Alpha Natural
  Resources Inc            ANR       4.875     0.760 12/15/2020
Alpha Natural
  Resources Inc            ANR       7.500     4.670   8/1/2020
Alpha Natural
  Resources Inc            ANR       7.500     1.750   8/1/2020
American Eagle
  Energy Corp              AMZG     11.000    14.000   9/1/2019
American Eagle
  Energy Corp              AMZG     11.000    12.500   9/1/2019
American Gilsonite Co      AMEGIL   11.500    60.500   9/1/2017
American Gilsonite Co      AMEGIL   11.500    60.125   9/1/2017
Amyris Inc                 AMRS      6.500    27.500  5/15/2019
Arch Coal Inc              ACI       7.000     1.875  6/15/2019
Arch Coal Inc              ACI       7.250     1.250  6/15/2021
Arch Coal Inc              ACI       8.000     2.750  1/15/2019
Arch Coal Inc              ACI       7.250     1.035  10/1/2020
Arch Coal Inc              ACI       9.875     1.500  6/15/2019
Arch Coal Inc              ACI       8.000     2.279  1/15/2019
Armstrong Energy Inc       ARMS     11.750    40.000 12/15/2019
Armstrong Energy Inc       ARMS     11.750    41.500 12/15/2019
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp             ARP       7.750    11.765  1/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp             ARP       9.250    12.686  8/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp             ARP       9.250    13.000  8/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp             ARP       9.250    13.000  8/15/2021
Aurora Diagnostics
  Holdings LLC /
  Aurora Diagnostics
  Financing Inc            ARDX     10.750    79.997  1/15/2018
Avaya Inc                  AVYA     10.500    23.500   3/1/2021
Avaya Inc                  AVYA     10.500    23.100   3/1/2021
BPZ Resources Inc          BPZR      6.500     1.500   3/1/2015
BPZ Resources Inc          BPZR      6.500     2.243   3/1/2049
Basic Energy
  Services Inc             BAS       7.750    38.843  2/15/2019
BreitBurn Energy Partners
  LP / BreitBurn
  Finance Corp             BBEP      7.875    23.625  4/15/2022
BreitBurn Energy Partners
  LP / BreitBurn
  Finance Corp             BBEP      8.625    23.625 10/15/2020
BreitBurn Energy Partners
  LP / BreitBurn
  Finance Corp             BBEP      8.625    23.375 10/15/2020
BreitBurn Energy Partners
  LP / BreitBurn
  Finance Corp             BBEP      8.625    23.375 10/15/2020
Caesars Entertainment
  Operating Co Inc         CZR      10.000    40.250 12/15/2018
Caesars Entertainment
  Operating Co Inc         CZR      12.750    44.063  4/15/2018
Caesars Entertainment
  Operating Co Inc         CZR      10.000    40.250 12/15/2018
Caesars Entertainment
  Operating Co Inc         CZR       5.750    35.000  10/1/2017
Caesars Entertainment
  Operating Co Inc         CZR       5.750    12.250  10/1/2017
Caesars Entertainment
  Operating Co Inc         CZR      10.000    39.750 12/15/2018
Caesars Entertainment
  Operating Co Inc         CZR      10.000    39.750 12/15/2018
Caesars Entertainment
  Operating Co Inc         CZR      10.000    40.000 12/15/2018
Chassix Holdings Inc       CHASSX   10.000     8.000 12/15/2018
Chassix Holdings Inc       CHASSX   10.000     8.000 12/15/2018
Claire's Stores Inc        CLE       8.875    25.200  3/15/2019
Claire's Stores Inc        CLE      10.500    63.700   6/1/2017
Claire's Stores Inc        CLE       7.750    13.750   6/1/2020
Claire's Stores Inc        CLE       7.750    15.500   6/1/2020
Clean Energy Fuels Corp    CLNE      7.500    90.212  8/30/2016
Community Choice
  Financial Inc            CCFI     10.750    39.500   5/1/2019
Comstock Resources Inc     CRK       7.750    43.780   4/1/2019
Creditcorp                 CRECOR   12.000    40.250  7/15/2018
Creditcorp                 CRECOR   12.000    39.750  7/15/2018
Cumulus Media
  Holdings Inc             CMLS      7.750    49.520   5/1/2019
EPL Oil & Gas Inc          EXXI      8.250     9.500  2/15/2018
EXCO Resources Inc         XCO       8.500    30.000  4/15/2022
EXCO Resources Inc         XCO       7.500    36.400  9/15/2018
Eagle Rock Energy
  Partners LP / Eagle
  Rock Energy
  Finance Corp             EROC      8.375    16.750   6/1/2019
Endeavour
  International Corp       END      12.000     1.000   6/1/2018
Endeavour
  International Corp       END      12.000     1.017   3/1/2018
Endeavour
  International Corp       END      12.000     1.017   3/1/2018
Energy & Exploration
  Partners Inc             ENEXPR    8.000     1.970   7/1/2019
Energy & Exploration
  Partners Inc             ENEXPR    8.000     1.970   7/1/2019
Energy Conversion
  Devices Inc              ENER      3.000     7.875  6/15/2013
Energy Future
  Holdings Corp            TXU      11.250    49.875  11/1/2017
Energy Future
  Holdings Corp            TXU      10.875    49.875  11/1/2017
Energy Future
  Holdings Corp            TXU      10.875    49.875  11/1/2017
Energy Future
  Holdings Corp            TXU       9.750    20.000 10/15/2019
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU      10.000     1.000  12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU      10.000     2.500  12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU       9.750    10.550 10/15/2019
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU       6.875     2.500  8/15/2017
Energy XXI Gulf Coast Inc  EXXI     11.000    40.500  3/15/2020
Energy XXI Gulf Coast Inc  EXXI      9.250    11.500 12/15/2017
Energy XXI Gulf Coast Inc  EXXI      7.500    10.375 12/15/2021
Energy XXI Gulf Coast Inc  EXXI      7.750     8.438  6/15/2019
Energy XXI Gulf Coast Inc  EXXI      6.875    11.500  3/15/2024
FBOP Corp                  FBOPCP   10.000     1.843  1/15/2009
FXCM Inc                   FXCM      2.250    34.750  6/15/2018
FairPoint
  Communications Inc/Old   FRP      13.125     1.879   4/2/2018
Federal Farm Credit Banks  FFCB      2.480    99.287 12/19/2024
Federal Farm Credit Banks  FFCB      1.870    99.802  8/20/2021
Fleetwood Enterprises Inc  FLTW     14.000     3.557 12/15/2011
Forbes Energy Services Ltd FES       9.000    42.000  6/15/2019
Gibson Brands Inc          GIBSON    8.875    55.500   8/1/2018
Gibson Brands Inc          GIBSON    8.875    62.396   8/1/2018
Gibson Brands Inc          GIBSON    8.875    55.500   8/1/2018
Goodman Networks Inc       GOODNT   12.125    37.033   7/1/2018
Goodrich Petroleum Corp    GDPM      8.875     0.500  3/15/2019
Goodrich Petroleum Corp    GDPM      8.875     0.497  3/15/2019
Goodrich Petroleum Corp    GDPM      8.875     0.497  3/15/2019
Halcon Resources Corp      HKUS      9.750    22.500  7/15/2020
Halcon Resources Corp      HKUS      8.875    22.000  5/15/2021
Halcon Resources Corp      HKUS      9.250    22.750  2/15/2022
Horsehead Holding Corp     ZINC      3.800     1.750   7/1/2017
Horsehead Holding Corp     ZINC      9.000    20.250   6/1/2017
ION Geophysical Corp       IO        8.125    54.000  5/15/2018
Illinois Power
  Generating Co            DYN       7.000    36.250  4/15/2018
Iracore International
  Holdings Inc             IRACOR    9.500    59.125   6/1/2018
Iracore International
  Holdings Inc             IRACOR    9.500    59.125   6/1/2018
IronGate Energy
  Services LLC             IRONGT   11.000    24.500   7/1/2018
IronGate Energy
  Services LLC             IRONGT   11.000    24.500   7/1/2018
IronGate Energy
  Services LLC             IRONGT   11.000    24.500   7/1/2018
IronGate Energy
  Services LLC             IRONGT   11.000    24.500   7/1/2018
JPMorgan Chase & Co        JPM       1.134    97.759  7/27/2016
Las Vegas Monorail Co      LASVMC    5.500     3.993  7/15/2019
Lehman Brothers
  Holdings Inc             LEH       5.000     3.536   2/7/2009
Lehman Brothers
  Holdings Inc             LEH       4.000     3.536  4/30/2009
Lehman Brothers
  Holdings Inc             LEH       2.000     3.536   3/3/2009
Lehman Brothers
  Holdings Inc             LEH       1.500     3.536  3/29/2013
Lehman Brothers
  Holdings Inc             LEH       2.070     3.536  6/15/2009
Lehman Brothers
  Holdings Inc             LEH       1.383     3.536  6/15/2009
Lehman Brothers
  Holdings Inc             LEH       1.600     3.536  11/5/2011
Lehman Brothers Inc        LEH       7.500     1.226   8/1/2026
Liberty Interactive LLC    LINTA     1.000    86.460  9/30/2043
Linc USA GP / Linc
  Energy Finance USA Inc   LNCAU     9.625    22.250 10/31/2017
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      8.625    17.250  4/15/2020
Linn Energy LLC / Linn
  Energy Finance Corp      LINE     12.000    34.750 12/15/2020
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      6.500    17.625  5/15/2019
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      7.750    16.250   2/1/2021
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      6.250    16.750  11/1/2019
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      6.500    16.500  9/15/2021
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      6.250    16.500  11/1/2019
Linn Energy LLC / Linn
  Energy Finance Corp      LINE      6.250    16.500  11/1/2019
Logan's Roadhouse Inc      LGNS     10.750     9.915 10/15/2017
Lonestar Resources
  America Inc              LNRAU     8.750    38.000  4/15/2019
Lonestar Resources
  America Inc              LNRAU     8.750    38.000  4/15/2019
MF Global Holdings Ltd     MF        3.375    20.250   8/1/2018
MF Global Holdings Ltd     MF        9.000    20.250  6/20/2038
MModal Inc                 MODL     10.750    10.125  8/15/2020
Magnetation LLC /
  Mag Finance Corp         MAGNTN   11.000     8.000  5/15/2018
Magnetation LLC /
  Mag Finance Corp         MAGNTN   11.000     8.000  5/15/2018
Magnetation LLC /
  Mag Finance Corp         MAGNTN   11.000     8.000  5/15/2018
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO       9.250     1.125   6/1/2021
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO      10.750     0.750  10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO      12.000     9.000   6/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO      10.750    96.250  10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO      10.750     1.277  10/1/2020
Modular Space Corp         MODSPA   10.250    49.000  1/31/2019
Modular Space Corp         MODSPA   10.250    48.875  1/31/2019
Molycorp Inc               MCP       3.250     0.500  6/15/2016
Murray Energy Corp         MURREN   11.250    28.125  4/15/2021
Murray Energy Corp         MURREN    9.500    28.000  12/5/2020
Murray Energy Corp         MURREN   11.250    28.000  4/15/2021
Murray Energy Corp         MURREN    9.500    28.000  12/5/2020
New Gulf Resources LLC/
  NGR Finance Corp         NGREFN   12.250     3.031  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp         NGREFN   12.250     3.031  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp         NGREFN   12.250     2.892  5/15/2019
Nine West Holdings Inc     JNY       8.250    17.500  3/15/2019
Nine West Holdings Inc     JNY       6.125    17.778 11/15/2034
Nine West Holdings Inc     JNY       6.875    19.830  3/15/2019
Nine West Holdings Inc     JNY       8.250    17.500  3/15/2019
Noranda Aluminum
  Acquisition Corp         NOR      11.000     0.500   6/1/2019
Nuverra Environmental
  Solutions Inc            NESC      9.875    36.096  4/15/2018
OMX Timber Finance
  Investments II LLC       OMX       5.540    12.750  1/29/2020
Optima Specialty
  Steel Inc                OPTSTL   12.500    80.000 12/15/2016
Optima Specialty
  Steel Inc                OPTSTL   12.500    70.500 12/15/2016
Peabody Energy Corp        BTU       6.000    12.650 11/15/2018
Peabody Energy Corp        BTU       6.500    13.000  9/15/2020
Peabody Energy Corp        BTU      10.000    13.375  3/15/2022
Peabody Energy Corp        BTU       6.250    12.650 11/15/2021
Peabody Energy Corp        BTU       4.750     0.250 12/15/2041
Peabody Energy Corp        BTU       7.875    12.551  11/1/2026
Peabody Energy Corp        BTU      10.000    16.250  3/15/2022
Peabody Energy Corp        BTU       6.000    12.875 11/15/2018
Peabody Energy Corp        BTU       6.250    13.250 11/15/2021
Peabody Energy Corp        BTU       6.000    12.875 11/15/2018
Peabody Energy Corp        BTU       6.250    13.250 11/15/2021
Penn Virginia Corp         PVAH      7.250    33.830  4/15/2019
Penn Virginia Corp         PVAH      8.500    38.000   5/1/2020
Permian Holdings Inc       PRMIAN   10.500    29.500  1/15/2018
Permian Holdings Inc       PRMIAN   10.500    29.125  1/15/2018
Pernix Therapeutics
  Holdings Inc             PTX       4.250    22.625   4/1/2021
Pernix Therapeutics
  Holdings Inc             PTX       4.250    20.288   4/1/2021
PetroQuest Energy Inc      PQ       10.000    50.971   9/1/2017
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co               PRSPCT   10.250    39.611  10/1/2018
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co               PRSPCT   10.250    39.611  10/1/2018
Quicksilver Resources Inc  KWKA      9.125     2.800  8/15/2019
Quicksilver Resources Inc  KWKA     11.000     2.920   7/1/2021
Rex Energy Corp            REXX      8.875    26.800  12/1/2020
Rex Energy Corp            REXX      6.250    20.000   8/1/2022
Rolta LLC                  RLTAIN   10.750    18.875  5/16/2018
SAExploration
  Holdings Inc             SAEX     10.000    47.000  7/15/2019
Sabine Oil & Gas Corp      SOGC      7.250     2.000  6/15/2019
Sabine Oil & Gas Corp      SOGC      7.500     2.000  9/15/2020
Sabine Oil & Gas Corp      SOGC      7.500     1.186  9/15/2020
Sabine Oil & Gas Corp      SOGC      7.500     1.186  9/15/2020
Samson Investment Co       SAIVST    9.750     2.000  2/15/2020
SandRidge Energy Inc       SD        7.500     6.375  3/15/2021
SandRidge Energy Inc       SD        8.750     6.375  1/15/2020
SandRidge Energy Inc       SD        7.500     4.000  2/15/2023
SandRidge Energy Inc       SD        8.125     6.250 10/15/2022
SandRidge Energy Inc       SD        8.125     6.125 10/16/2022
SandRidge Energy Inc       SD        7.500     5.392  2/16/2023
SandRidge Energy Inc       SD        7.500     6.250  3/15/2021
SandRidge Energy Inc       SD        7.500     6.250  3/15/2021
Sequa Corp                 SQA       7.000    27.000 12/15/2017
Sequa Corp                 SQA       7.000    25.625 12/15/2017
Sequenom Inc               SQNM      5.000    59.500   1/1/2018
Sequenom Inc               SQNM      5.000    59.250  10/1/2017
Seventy Seven Energy Inc   SSEI      6.500     6.875  7/15/2022
Sidewinder Drilling Inc    SIDDRI    9.750     6.125 11/15/2019
Sidewinder Drilling Inc    SIDDRI    9.750     6.000 11/15/2019
Speedy Cash Intermediate
  Holdings Corp            SPEEDY   10.750    57.750  5/15/2018
Speedy Cash Intermediate
  Holdings Corp            SPEEDY   10.750    57.875  5/15/2018
Speedy Cash Intermediate
  Holdings Corp            SPEEDY   10.750    63.250  5/15/2018
Speedy Cash Intermediate
  Holdings Corp            SPEEDY   10.750    57.875  5/15/2018
Speedy Group Holdings
  Corp                     SPEEDY   12.000    38.750 11/15/2017
Speedy Group Holdings
  Corp                     SPEEDY   12.000    38.750 11/15/2017
SquareTwo Financial Corp   SQRTW    11.625    11.375   4/1/2017
Stone Energy Corp          SGY       1.750    28.000   3/1/2017
SunEdison Inc              SUNE      5.000    33.000   7/2/2018
SunEdison Inc              SUNE      2.000     6.600  10/1/2018
SunEdison Inc              SUNE      2.750     5.125   1/1/2021
SunEdison Inc              SUNE      0.250     5.000  1/15/2020
SunEdison Inc              SUNE      2.375     5.000  4/15/2022
SunEdison Inc              SUNE      2.625     6.000   6/1/2023
SunEdison Inc              SUNE      3.375     5.000   6/1/2025
Syniverse Holdings Inc     SVR       9.125    49.500  1/15/2019
TMST Inc                   THMR      8.000    14.000  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc              TALPRO    9.750    32.375  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc              TALPRO    9.750    32.375  2/15/2018
TerraVia Holdings Inc      TVIA      6.000    58.000   2/1/2018
Terrestar Networks Inc     TSTR      6.500    10.000  6/15/2014
TetraLogic
  Pharmaceuticals Corp     TLOG      8.000    24.907  6/15/2019
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      11.500    34.500  10/1/2020
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      10.250     6.400  11/1/2015
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      15.000     6.250   4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      11.500    34.500  10/1/2020
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      15.000     6.210   4/1/2021
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      10.250     6.350  11/1/2015
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc              TXU      10.250     6.250  11/1/2015
Triangle USA
  Petroleum Corp           TPLM      6.750    22.489  7/15/2022
Triangle USA
  Petroleum Corp           TPLM      6.750    22.375  7/15/2022
UCI International LLC      UCII      8.625    22.750  2/15/2019
Vanguard Natural
  Resources LLC /
  VNR Finance Corp         VNR       7.875    39.075   4/1/2020
Venoco Inc                 VQ        8.875     3.100  2/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS      11.750    17.500  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS      11.750    17.000  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS      11.750    17.000  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS      11.750    17.000  1/15/2019
W&T Offshore Inc           WTI       8.500    26.100  6/15/2019
Walter Energy Inc          WLTG      9.500    14.625 10/15/2019
Walter Energy Inc          WLTG      9.500    14.625 10/15/2019
Walter Energy Inc          WLTG      9.500    14.625 10/15/2019
Walter Energy Inc          WLTG      9.500    14.625 10/15/2019
Walter Investment
  Management Corp          WAC       4.500    35.000  11/1/2019
Warren Resources Inc       WRES      9.000     6.250   8/1/2022
Warren Resources Inc       WRES      9.000     6.250   8/1/2022
Warren Resources Inc       WRES      9.000     6.250   8/1/2022
iHeartCommunications Inc   IHRT     10.000    52.400  1/15/2018


                            *********

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 ***