TCR_Public/160705.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, July 5, 2016, Vol. 20, No. 187

                            Headlines

2747 CAMELBACK: Files Schedules of Assets and Liabilities
480 BUNNELL: Seeks to Hire Vidal/Wettenstein as Realtor
8110 AERO DRIVE: Files Schedules of Assets and Liabilities
ABENGOA BIOENERGY: Seeks to Sell Hugoton Property for $200K
ACTRONIX INC: Taps Wright Lindsey as Special Counsel

ADVANCED MICRO: Hikes CEO's Base Salary to $925,000
AEROPOSTALE INC: Proposes to Pay $4.8MM Bonuses to Key Employees
AEROPOSTALE INC: Seek to Dismiss Canadian Unit's Ch. 11 Case
ALLEN BROTHERS: Taps Ivey McClellan as Legal Counsel
ALLIANCE ONE: To File Fiscal 2016 Form 10-K Beyond Deadline

ALLY FINANCIAL: Federal Reserve Okays 2016 Capital Plan
ALPHA NATURAL: McKinsey Ordered to Disclose Confidential Clients
ANTERO ENERGY: Court Denies Counsel's Motion to Withdraw
ANTHONY CARRINO: Selling Jersey City Condominium Unit for $725,000
ASPEN GROUP: Conference Call Set for July 27

ASPEN GROUP: May Issue 25.3M Shares Under 2012 Incentive Plan
ATLANTIC CITY, NJ: Hires Lawyers to Restructure Debt
BBVA BANCOMER TEXAS: Moody's Cuts Jr. Sub. Debt Ratings to B1(hyb)
C&J ENERGY: S&P Lowers CCR to 'D' on Missed Interest Payments
CAL NEVA LODGE: Sec. 341 Meeting of Creditors on July 15

CALIFORNIA MUNICIPAL: S&P Cuts 2011A-1 Housing Bonds Rating to BB+
CHAPARRAL ENERGY: Seeks to Hire Grant Thornton as Auditor
CLAIRE'S STORES: Antoine Munfakh Named as Director
CLAIRE'S STORES: Board Chairman Resigns
CLASSIC COMMUNITIES: 341 Meeting of Creditors Set for July 15

CLASSIC COMMUNITIES: Panel, UST Object to Hiring of Broker
COMMERCIAL METALS: Moody's Affirms Ba1 CFR, Outlook Stable
CONNTECH PRODUCTS: Proposes $1.36M Sale of Machinery & Equipment
COWBOYS FAR WEST: Seeks to Hire James Wilkins as Attorney
CRYOPORT INC: Files 5.2M Shares Registration Statement with SEC

CS MINING: Taps Pepper Hamilton as Legal Counsel
DFC FINANCE: Moody's Lowers Senior Secured Rating to 'Ca'
DIOCESE OF DULUTH: Crown Wing County Tracts Sale Approved
DUBY INDUSTRIAL: Case Summary & 3 Unsecured Creditors
EAST COAST PAWN: Taps Joseph T. Bambrick as Legal Counsel

EFT HOLDINGS: Needs More Time to File Fiscal 2016 Form 10-K
EIDOS LLC: Stairway, Agree to Extend Bar Date
ELBIT IMAGING: Unit Closes Sale of MUP Plot in Belgrade
ENERGY TRANSFER: Calls Off $33Mil. Merger With Williams Cos.
ENERGY XXI: Equity Committee Taps Hoover Slovacek as Counsel

EOGH LIQUIDATION: Taps Prime Clerk as Administrative Advisor
EROSOL LLC: S. Gregory Hays Named Chapter 11 Trustee
EUROTECH CABINETS: Case Summary & 13 Unsecured Creditors
FARR ENTERPRISES: Voluntary Chapter 11 Case Summary
FINTON CONSTRUCTION: Case Summary & 20 Top Unsecured Creditors

FIRST QUANTUM: Moody's Raises Corporate Family Rating to B3
FORT DRILLING: Proposes Oct. 21 as Claims Bar Date
FRAC SPECIALISTS: UCC Says Ch. 11 Trustee Needed for Liquidation
FUNCTION(X) INC: Signs $1.2 Million Loan Agreement with Sillerman
GAMALIER GONZALEZ: Taps Heriberto Acevedo as Accountant

GAMALIER GONZALEZ: Taps Jaime Rodriguez as Legal Counsel
GAWKER MEDIA: Schedules Filing Deadline Extended to July 14
GOODRICH PETROLEUM: Receives Approval to Sell Assets
HEATHER MARIE BARTLETT: Proofs of Claim Due Aug. 31
HERCULES OFFSHORE: Court Sets July 12 as Limited Claims Bar Date

HERTZ CORP: DBRS Confirms BB(low) Issuer Rating
HERTZ FINANCING: Exchange Amendments No Impact on Moody's Ratings
HORSEHEAD HOLDING: Key Employee Retention Plan Approved
ICAGEN INC: Acquires Sanofi's Oro Arizona Research Facility
IHEARTMEDIA INC: Mulls Ending Debt Talks with Franklin-Led Group

IMAGINE! PRINT: Planned $50MM Loan Upsize No Impact on Moody's CFR
INDEPENDENCE TAX IV: Posts $6.7-Mil. Net Income for Fiscal 2016
INTERVENTION ENERGY: Proposes Aug. 31 General Bar Date
IRMA GOMEZ: Proposes Aug. 15 Claims Bar Date
IRON BRIDGE TOOLS: Committee Taps Akerman as Legal Counsel

JOE JESSE MONGE: 5th Circ. Affirms Rojas, et al., Paid $12K Rent
JOHN A. RITTER: Schedules of Assets and Liabilities Filed
KEITHVILLE WELL: $337K From Equipment Sale to Be Paid to Nations
KEY WEST RESTAURANTS: Taps Michael Wiss as Legal Counsel
KM VILLAS: Wants Exclusive Plan Filing Deadline Moved to Sept. 16

LAURA ELSHEIMER: Proposes Aug. 15 as Claims Bar Date
LEHMAN BROTHERS: Said to Sell NYLO Hotel for $140-Mil.
LEI MACHINING: Taps Turnaround Team PLLC as Bankruptcy Counsel
LIFE EXTENSION REALTY: Taps Shenwick & Associates as Legal Counsel
LINN ENERGY: Court Approves Employee Compensation Plan

LIONS GATE: S&P Retains BB- CCR on Watch Neg on Pending Starz Deal
LOMBARD PUBLIC: S&P Lowers Rating on 2005A-2 Bonds to 'D'
LUMIRAM DEVELOPMENT: White Plains Property Sale Hearing on July 22
M SPACE HOLDINGS: Committee Taps Parsons Behle as Legal Counsel
MADISON SQUARE TAVERN: Wants Plan Filing Extended to Sept. 29

MIDSTATES PETROLEUM: Seeks Approval of Key Employee Incentive Plan
MILESTONE SCIENTIFIC: BP4 S.r.l. Reports 23.5% Stake
MILESTONE SCIENTIFIC: Signs Distribution Pact with Henry Schein
NAKAYLA LLC: Seeks to Replace Kerkman & Dunn with Kurter Law
NANOSPHERE INC: Common Stock Delisted from NASDAQ

NIERZWICKI HOLDINGS: Lexington Property Sale for $515,000 Approved
NORANDA ALUMINUM: July 7 Auction for Downstream Business
NORANDA ALUMINUM: Minority Lenders No Right to Adequate Protection
NRAD MEDICAL: Wants Exclusive Plan Filing Deadline Moved to Oct. 3
OI SA: Brazil Court Agrees to Protect Company From Creditors

ONE BREWERY PLACE: Taps Thompson Law Group as Legal Counsel
ONTARIO CENTURY: Selling 3 Residential Condo Units for $315K
PACIFIC WEBWORKS: Dynamic Webtools Assets Sale for $15K Approved
PATELKA DENTAL: Voluntary Chapter 11 Case Summary
PEAK WEB: Sec. 341 Meeting of Creditors Set for July 15

PICO HOLDINGS: Lawndale Capital Issues Voting Intentions
PLANDAI BIOTECHNOLOGY: Incurs $10 Million Net Loss in Fiscal 2015
PLUG POWER: Closes $40 Million Loan Facility with Hercules Capital
POLLYANNA LLC: Hires Gregory M. Seigel CPA as Accountant
PRATT WELL: Case Summary & 20 Largest Unsecured Creditors

PROGRESSIVE ACUTE CARE: Committee Taps Sills Cummis as Counsel
RANCHO ARROYO: Seeks to Hire Coldwell Banker as Broker
REINSURANCE GROUP: Fitch Rates Subordinated Debt Due 2056 'BB+'
RELATIVITY MEDIA: To Miss $30-Million Payment to Lenders
RIO CONSTRUCTION: Hires Buechler & Garber as Bankruptcy Counsel

ROOMSTORES OF PHOENIX: Hires Cunningham & Assoc. as Auctioneer
SAMCHULLY MIDSTREAM 3: Moody's Lowers CFR to B3, Outlook Negative
SANTA CRUZ BERRY: Selling Trucks to Eat Sweet Farms for $29K
SCIO DIAMOND: Director Quits Over Disagreement with Leadership
SENTINEL MANAGEMENT: Bank of NY Mellon Settles $312-Mil. Claim

SEVENTY SEVEN: Ernst & Young to Provide Tax, Accounting Services
SEVENTY SEVEN: Hires Morris Nichols as Co-Counsel
SEVENTY SEVEN: Taps Alvarez & Marsal as Financial Advisor
SEVENTY SEVEN: Taps Prime Clerk as Administrative Advisor
SOFINTEK INC: Sec. 341 Creditors' Meeting on Aug. 5

SPORTS AUTHORITY: Dick's $15M Bid Wins Auction for IP Assets
SSNN-5532-34: Seeks to Hire Brad Thompson as Broker
STARZ LLC: S&P Lowers CCR to BB- on Pending Lions Gate Transaction
STELLAR BIOTECHNOLOGIES: Prices $6.75M Registered Direct Offering
SUCCESS INC: Case Summary & 12 Unsecured Creditors

SUGARMAN'S PLAZA: Taps David Carlebach as Legal Counsel
SYNCARDIA SYSTEMS: Case Summary & 30 Largest Unsecured Creditors
SYSTEM SOLDING: Case Summary & 7 Unsecured Creditors
TCC GENERAL: Hires Steven R. Fox as Bankruptcy Counsel
TCC GENERAL: Taps Lucove Say as Certified Public Accountant

TENKORIS LLC: Seeks to Hire Davis Miles as Legal Counsel
THERAPEUTICSMD INC: Reveals Filing Timeline for Yuvvexy NDA
THORNBURG MORTGAGE: Jury Clears Former Execs of Some Charges
TOOLING SCIENCE: Case Summary & 20 Largest Unsecured Creditors
TRIANGLE PETROLEUM: Appoints James Shein as Director

TRIANGLE PETROLEUM: Inks Tax Benefits Preservation Plan
TRIANGLE PETROLEUM: Unit CEO Gets $565,000 Incentive Payment
TRIANGLE USA: Moody's Lowers PDR to D-PD Over Bankruptcy Filing
TRIANGLE USA: S&P Lowers CCR to 'D' on Bankruptcy Agreement
TRUMP ENTERTAINMENT: Union Goes on Strike Against Taj Mahal Casino

TWO MILE RANCH: Case Summary & 9 Unsecured Creditors
UNCAS LLC: Seeks to Hire Coan Lewendon as Legal Counsel
UNIQUE RECYCLING: Taps Fallon & Fallon as Legal Counsel
VERTELLUS SPECIALTIES: Committee Taps Morris James as Co-Counsel
VERTELLUS SPECIALTIES: Hires Hahn & Hessen as Lead Counsel

VISTA ENVIRONMENTAL: Taps Tavenner & Beran as Legal Counsel
VISTA ENVIRONMENTAL: Taps Tera D. Kovanes as Accountant
WALTER ENERGY: Coal Companies Spent $95MM on Lobbying Before Ch. 11
WASHINGTON FIRST: Taps Oles Morrison as Legal Counsel
WILLIAMS COS: S&P Maintains 'BB' CCR on CreditWatch Negative

WINDSOR CHARTER: S&P Lowers Rating on 2007A Revenue Bonds to 'BB'
YEP, LLC: $1.17M Cortlandt Manor Parcels Sale Approved
[*] Unenforced & Arbitration Judgments Cost 14% of Cos. Over $50M
[^] Large Companies with Insolvent Balance Sheet

                            *********

2747 CAMELBACK: Files Schedules of Assets and Liabilities
---------------------------------------------------------
2747 Camelback, LLC filed with the U.S. Bankruptcy Court for the
Northern District of Texas its schedules of assets liabilities,
disclosing:

     Name of Schedule        Assets             Liabilities
     ----------------        --------------     --------------
  A. Real Property           $10,480,000.00
  B. Personal Property       $ 1,735,258.56
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                             $47,594,274.91
  E. Creditors Holding
     Unsecured Priority
     Claims                                     $0    
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                     $ 2,007,873.03
                            --------------      --------------
        Total               $12,215,258.56      $49,602,147.94

A copy of the schedules is available for free at:

                        https://is.gd/41J8E9

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

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



480 BUNNELL: Seeks to Hire Vidal/Wettenstein as Realtor
-------------------------------------------------------
480 Bunnell Street, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Connecticut to hire Vidal/Wettenstein,
LLC.

The Debtor proposes to hire a realtor in connection with the sale
of a property located at 480 Bunnell Street, Bridgeport,
Connecticut.

Vidal/Wettenstein will receive a commission, which is 5% of the
gross proceeds of the sale.

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

                    About 480 Bunnell Street

480 Bunnell Street, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Conn. Case No. 12-51736) on September
24, 2012.  The petition was signed by Raymond Weiner, member.  

At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


8110 AERO DRIVE: Files Schedules of Assets and Liabilities
----------------------------------------------------------
8110 Aero Drive Holdings, LLC, filed with the U.S. Bankruptcy Court
for the Southern District of California its schedules of assets
liabilities, disclosing:

     Name of Schedule        Assets             Liabilities
     ----------------        --------------     --------------
  A. Real Property           $16,800,000.00
  B. Personal Property       $ 1,645,863.09
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                             $ 9,022,000.00
  E. Creditors Holding
     Unsecured Priority
     Claims                                     $    40,887.18
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                     $   297,186.47
                            --------------      --------------
        Total               $18,445,863.09      $ 9,360,073.65

A copy of the schedules is available for free at:

                      https://is.gd/3NP04m

                      About 8110 Aero Drive

8110 Aero Drive Holdings, LLC, based in San Diego, California,
filed a Chapter 11 petition (Bankr. S.D. Cal. Case No. 16-03135) on
May 25, 2016. The Hon. Margaret M. Mann presides over the case.

William M. Rathbone, Esq., at Gordon & Rees LLP, as bankruptcy
counsel.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities. The petition was signed by Luz Burni,
authorized representative.


ABENGOA BIOENERGY: Seeks to Sell Hugoton Property for $200K
-----------------------------------------------------------
Abengoa Bioenergy US Holding, LLC, and its affiliated debtors seek
authority from the U.S. Bankruptcy Court for Debtor Abengoa
Bioenergy Engineering & Construction LLC to enter into and perform
under a purchase agreement with Robert A. Rich and approve the sale
and transfer of the Selling Debtor's interest in the real property
commonly known as 998 Road P, in Hugoton, Kansas, in accordance
with the Purchase Agreement.

The principal terms of the Purchase Agreement are summarized as
follows:

    A. Seller: Abengoa Bioenergy Engineering & Construction LLC

    B. Purchaser: Robert A. Rich

    C. Sale/Purchase Price: $200,000.00

    D. Earnest Money Deposit: $5,000.00

    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 shall be completed on or
before August 1, 2016, and Selling Debtor shall deliver possession
of the Property to Purchaser upon closing.

    G. Conditions to Closing: The obligations of the Selling Debtor
and the Purchaser to consummate the Sale will be subject, inter
alia, to the Purchaser obtaining a mortgage loan in the principal
amount of $45,000.00. If the final appraised value of the Property
as determined by the Purchaser's appraiser is not equal to or
greater than the purchase price under the Purchase Agreement, the
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.

Counsel to the Debtors and Debtors in Possession:

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

       -- and --

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

       -- and --

       R. Craig Martin, Esq.
       DLA PIPER LLP (US)
       1201 North Market Street, Suite 2100
       Wilmington, Delaware 19801
       Telephone: (302) 468-5700
       Facsimile: (302) 394-2341
       Email: craig.martin@dlapiper.com

                About Abengoa Bioenergy

Abengoa Bioenergy is a collection of indirect subsidiaries of
Abengoa S.A. ("Abengoa"), 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: Taps Wright Lindsey as Special Counsel
----------------------------------------------------
Actronix, Inc. seeks approval from the U.S. Bankruptcy Court for
the Western District of Arkansas to hire Wright, Lindsey & Jennings
LLP as its special counsel.

The Debtor tapped the firm to provide advice regarding employment
law.  Wright Lindsey will receive a retainer in the amount of
$5,000.  The firm's professionals and their hourly rates are:

     Attorneys             Hourly Rate
     ---------             -----------
     John Davis               $300
     W. Stuart Jackson        $290
     Charlie Coleman          $325
     Johnathan Horton         $275  
     Jaimie Moss              $210

     Paralegals            Hourly Rate
     ---------             -----------
     Tiara King               $125
     Monique Mitchell         $125
     Dee Dee Lantz            $125

Johnathan Horton, a partner at Wright Lindsey, disclosed in a court
filing that the firm does not represent any interest adverse to the
Debtor's estate.

The firm can be reached through:

     Johnathan Horton
     Wright, Lindsey & Jennings LLP
     200 West Capitol, Suite 2300
     Little Rock, AR 72201-3699
     (501) 371-0808

                        About Actronix Inc.

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.


ADVANCED MICRO: Hikes CEO's Base Salary to $925,000
---------------------------------------------------
The Compensation and Leadership Resources Committee of the Board of
Directors of Advanced Micro Devices, Inc. recommended, and the
Board of Directors of the Company approved, a salary increase for
Dr. Lisa T. Su, the Company's president and chief executive
officer.  Starting July 1, 2016, Dr. Su's annual salary will
increase by $75,000 to $925,000, as compared to her current annual
salary of $850,000.

       Named Executive Officer Long-Term Incentive Awards

On June 27, 2016, the Committee recommended, and the Board
approved, an equity award to Dr. Su having the following target
value:

   Name and Title                                    Target Value
   --------------                                    ------------
   Lisa T. Su                                         $7,000,000
   President and
   Chief Executive Officer

On the same day, the Committee approved equity awards to the
following named executive officers (as set forth in the Company's
most recent proxy statement filed with the U.S. Securities and
Exchange Commission on March 24, 2016) having the following Target
Values:

   Name and Title                                    Target Value
   --------------                                    ------------
   Devinder Kumar                                     $2,000,000
   Senior Vice President
   Chief Financial Officer
   and Treasurer

   Jim Anderson                                       $2,000,000
   Senior Vice President and
   General Manager, Computing
   and Graphics Business Group

   Forrest E. Norrod                                  $2,000,000
   Senior Vice President and
   General Manager, Enterprise,
   Embedded and Semi-Custom Business Group

   Mark D. Papermaster                                $2,000,000
   Chief Technology Officer and
   Senior Vice President,
   Technology and Engineering

The Target Value of each equity award will be converted into a mix
of performance-based restricted stock units, time-based restricted
stock units and stock options:

  * The actual number of PRSUs will be determined by dividing 50%
    of the Target Value by the greater of: (a) $3.50 or (b) the
    average closing price of the Company's stock over the 30
    calendar-day period ending on July 15, 2016.  The PRSUs will  

    have a grant date of July 15, 2016.

  * The actual number of stock options will be determined by
    converting the 25% of the Target Value using the Conversion
    Price and a binomial factor determined in accordance with the
    Company's equity valuation practices.  The stock options will
    have a grant date of July 26, 2016.

  * The actual number of RSUs will be determined by dividing 25%
    of Target Value by the Conversion Price.  The RSUs will have a
    grant date of July 15, 2016.

PRSUs

The number of PRSUs that may be earned, if at all, is based on
three-year compounded annual growth rate milestones related to the
Company's closing stock price that may be attained within the
three-year performance period that begins July 15, 2016, and ends
August 9, 2019, with the potential payout levels of PRSUs at 50%,
100%, 150%, 200% and 250% of the target number of PRSUs granted.

Any PRSUs earned pursuant to the attainment of a performance level
will vest and be paid out 50% upon the Committee's certification of
the attainment of the performance level (provided, that no PRSUs
will vest before the first anniversary of the grant date) and the
remaining 50% will vest and be paid out at the end of the
Performance Period, subject to the recipient's continuous
employment or service through each such vesting date.

Stock Options

The stock options will have an exercise price equal to 100% of the
fair market value of the Company's common stock on the grant date,
and will vest 33 1/3% on the first anniversary of the grant date,
and 8.33% per quarter over the next eight following quarters.  The
stock options will have a term of seven years.

RSUs

The RSUs will vest 1/3 on each of August 9, 2017, August 9, 2018
and Aug. 9, 2019.

                    About Advanced Micro Devices

Sunnyvale, California-based Advanced Micro Devices, Inc., is a
global semiconductor company.  The Company's products include x86
microprocessors and graphics.

Advanced Micro incurred a net loss of $660 million on $3.99 billion
of net revenue for the year ended Dec. 26, 2015, compared to a net
loss of $403 million on $5.50 billion of net revenue for the year
ended Dec. 27, 2014.

                          *     *     *

As reported by the TCR on Oct. 22, 2015, Standard & Poor's Ratings
Services said it lowered its corporate credit rating on Sunnyvale,
Calif.-based Advanced Micro Devices Inc. to 'CCC+' from 'B-'.  
"The downgrade reflects our expectation that AMD will experience a
more gradual return to revenue growth, ongoing competitive
challenges to restore operating profitability, and more severe
operating losses and negative free cash flow through 2016 than we
had previously forecast, despite recent improvements to its
liquidity," said Standard & Poor's credit analyst John Moore.

As reported by the TCR on March 16, 2016, Fitch Ratings has
downgraded and withdrawn the ratings for Advanced Micro Devices,
Inc. (AMD) including the Long-term Issuer Default Rating (IDR) to
'CCC' from 'B-'.  The downgrade reflects prospects for negative
free cash flow (FCF) over the intermediate term and the consequent
liquidity issues and refinancing risk that could develop as the
2019 and 2020 debt maturities approach.

In July 2015, Moody's Investors Service lowered Advanced Micro
Devices, Inc's ("AMD") corporate family rating to Caa1 from B3, and
the ratings on the senior unsecured notes to Caa2 from Caa1.  The
downgrade of the corporate family rating to Caa1 reflects AMD's
prospects for ongoing operating losses over the next year and
negative free cash flow.


AEROPOSTALE INC: Proposes to Pay $4.8MM Bonuses to Key Employees
----------------------------------------------------------------
Aéropostale, Inc., and its subsidiaries ask the U.S. Bankruptcy
Court to approve their key employee incentive plan and key employee
retention plan.

According to the Debtors, the metrics developed for the KEIP are
linked to value creation and have a significant performance or "at
risk" component, which offers two mutually-exclusive paths for
awarding variable payouts to the KEIP Participants depending on
whether the Debtors consummate a standalone reorganization or a
sale transaction.

Significant terms of the KEIP are:

    A. KEIP Participants: Limited to the following 10 employees who
all possess a strong line of sight to successfully execute either a
reorganization or a sale: (a) Chief Financial Officer, (b) Chief
Operating Officer, (c) General Counsel and Secretary, (d) SVP of
Design, (e) SVP of Human Resources, (f) SVP of Global Licensing,
(g) SVP of Logistics, Construction, and Real Estate, (h) SVP of
Store Operations, (i) SVP of Production and Technical Design, and
(j) SVP of Merchandise Planning and Allocations

    B. Standalone Plan Metrics: Standalone Plan Metrics: 60% of
payment under the KEIP is achieved upon consummation of a plan of
reorganization. The remaining 40% of payment under the KEIP is tied
to EBITDA performance based on the Debtors' 2016 budget. A target
payout is earned if EBITDA performance at 100% of the Debtors' 2016
budget is achieved, and a threshold payout is earned if EBITDA
performance at 90-99.9% of the Debtors' 2016 budget is achieved.
EBITDA performance will be measured during the period of January
31, 2016 to the emergence date.

    C. Sale Transaction Metrics: If a going concern sale
transaction occurs at a valuation to be later agreed upon by the
Debtors and the Official Committee of Unsecured Creditors, a
maximum payout is earned and the standalone metrics will not apply.
If a sale transaction results in a going concern sale of
substantial assets, a target payout is earned and the standalone
metrics will not apply.

    D. Separation Provisions: The KEIP includes a claw-back
provision if any of the KEIP Participants voluntarily leave or are
terminated for cause within 60 days of earning the payouts under
the KEIP. KEIP Participants terminated without cause prior to the
emergence date will receive their KEIP Payment on a pro rata basis
based on the percentage of the amount of time from the date of the
chapter 11 filing to the date payouts under the KEIP are earned.

    E. Maximum Amount of KEIP: The aggregate maximum amount of the
KEIP is $3,406,900, with individual proposed maximum payouts
ranging from 75% to 112.4% of base compensation.

The Debtors seek to implement the KERP to motivate certain
non-senior management personnel to remain employed with the Debtors
during the chapter 11 process and to ensure that they do not suffer
significant and costly key employee turnover. The Debtors selected
the 41 KERP Participants -- who have developed valuable
institutional knowledge regarding the Debtors' ongoing business
operations -- based on their status as critical, hard-to-replace,
non-senior management employees.

Significant terms of the KERP are:

    A. Performance Metric: KERP Participants will receive and keep
100% payout under the KERP if they remain employed with the Debtors
through October 25, 2016. Individual payouts under the KERP range
from 6.6% to 23.5% of base salary.

    B. Separation Provisions: The KERP includes a claw-back
provision to the extent KERP Participants voluntarily leave or are
terminated for cause during the period between September 10, 2016
and October 25, 2016. If a KERP Participant is terminated without
cause, the KERP Participant will receive payouts under the KERP in
full.

    C. Maximum Amount of KEIP: The total maximum amount of the KERP
is $1,445,000, including $150,000 for a discretionary pool set up
for additional participants.

    D. The Discretionary Pool: The discretionary pool provides the
Debtors with resources for future allocations to non-senior
management deemed to be critical to the reorganization process that
were not included with the original KERP Participants. The
Debtors’ Chief Executive Officer will determine which, if any,
critical non-senior management employees will participate in the
discretionary pool.

The Court will hear on the Debtors' motion on July 13, 2016.

Attorneys for Debtors and Debtors in Possession:

       Ray C. Schrock, P.C.
       Jacqueline Marcus, Esq.
       Garrett A. Fail, Esq.
       WEIL, GOTSHAL & MANGES LLP
       767 Fifth Avenue
       New York, New York 10153
       Telephone: (212) 310-8000
       Facsimile: (212) 310-8007
       Email: ray.schrock@weil.com
              jacqueline.marcus@weil.com
              garrett.fail@weil.com

              About Aeropostale, Inc.

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

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

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

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

Judge Sean H. Lane is assigned to the cases.


AEROPOSTALE INC: Seek to Dismiss Canadian Unit's Ch. 11 Case
------------------------------------------------------------
Aeropostale Inc. and its affiliates ask the U.S. Bankruptcy Court
to dismiss the Chapter 11 case of Aeropostale Canada in order to
communicate to parties in interest that the Canadian Court has the
sole and exclusive jurisdiction and power over the conduct of
Aeropostale Canada's estate and the hearing and determination of
matters arising in the Canadian Proceeding.

The Debtors assert that continuation of Aeropostale Canada's
Chapter 11 Case risks impairing its ability to fully implement its
current objective, which is to close the Canadian Stores and
wind-down its business in a manner that will maximize recovery for
all of its stakeholders.  Given that the Debtors initially
anticipated conducting the Recognition Proceeding, and not the BIA
Proceeding in Canada, the dual proceedings are causing additional
expenses to Aeropostale Canada's estate by requiring compliance
with two statutory insolvency regimes, and confusion for creditors
and other parties in interest, who are unsure what jurisdiction
they should seek relief or assert claims in, the Debtors tell the
U.S. Court.

The Debtors also relate that Canadian law applies to many of
Aeropostale Canada's contracts and potential disputes.  Given that
substantially all of Aeropostale Canada's assets, operations,
employees, and creditors are located in Canada and that Aeropostale
Canada is neither a borrower nor guarantor under the Debtors'
postpetition financing arrangements, the Debtors submit that the
administration of Aeropostale Canada's estate should continue
solely under the Canadian Proceeding.

The Court will convene on July 13, 2016, to hear and consider the
Debtors motion and any objections must be submitted by July 5.

Attorneys for Debtors and Debtors in Possession:

       Ray C. Schrock, P.C.
       Jacqueline Marcus, Esq.
       Garrett A. Fail, Esq.
       WEIL, GOTSHAL & MANGES LLP
       767 Fifth Avenue
       New York, New York 10153
       Telephone: (212) 310-8000
       Facsimile: (212) 310-8007
       Email: ray.schrock@weil.com
              jacqueline.marcus@weil.com
              garrett.fail@weil.com

               About Aeropostale, Inc.

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

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

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

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

Judge Sean H. Lane is assigned to the cases.


ALLEN BROTHERS: Taps Ivey McClellan as Legal Counsel
----------------------------------------------------
Allen Brothers Timber Company, Inc. seeks approval from the U.S.
Bankruptcy Court for the Middle District of North Carolina to hire
Ivey, McClellan, Gatton & Siegmund LLP as its legal counsel.

The Debtor tapped the firm to provide these services in connection
with its Chapter 11 case:

     (a) assist in investigating and examining contracts, bonds,
         mortgages, leases and financing statements to determine
         the validity of those documents;

     (b) assist in determining the rights and priorities of lien
         holders, if any; and

     (c) advise in preserving the Debtor's properties and assets,
         and generally assist the Debtor in administering its
         bankruptcy estate.

The firm's professionals and their hourly rates are:

     Charles M. Ivey, III   $460
     Justin W. Kay          $300

In a court filing, Justin Kay disclosed that the firm does not
represent any interest adverse to the Debtor or its estate.

The firm can be reached through:

     Charles M. Ivey, III, Esq.
     Ivey, McClellan, Gatton & Siegmund LLP
     Suite 500, 100 S. Elm St.
     Greensboro, NC 27401
     Tel: 336-274-4658
     Fax: 336-274-4540
     Email: jlh@imgt-law.com

          - and -

     Justin William Kay, Esq.
     Ivey, McClellan, Gatton & Siegmund LLP
     P.O. Box 3324
     Greensboro, NC 27402
     Tel: 336-274-4658
     Fax: 336-274-4540
     Email: jwk@iveymcclellan.com

                        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: To File Fiscal 2016 Form 10-K Beyond Deadline
-----------------------------------------------------------
Alliance One International, Inc., filed with the Securities and
Exchange Commission an amendment to its Form 12b-25 with respect to
the Company's Form 10-K for the fiscal year ended March 31, 2016,
to provide in Part II that the Form 10-K will not be filed on or
before the fifteenth calendar day following the prescribed due
date, to revise Part III to provide that the Form 10-K will not be
filed within that fifteen-day period and to update information
included in Part IV.

On May 25, 2016, Alliance One filed with the SEC its Amendment No.
1 on Form 10-K/A for the fiscal year ended March 31, 2015, to amend
its Annual Report on Form 10-K for such fiscal year, its amendment
No. 1 on Form 10-Q/A for the period ended June 30, 2015 to amend
its Quarterly Report on Form 10-Q for such period, its Quarterly
Report on Form 10-Q for the period ended Sept. 30, 2015, and its
Quarterly Report on Form 10-Q for the period ended December 31,
2015.  The Form 10-K/A and Form 10-Q/A were filed to correct errors
the Company discovered in its accounting at its Kenya subsidiary;
certain details regarding those errors and adjustments are
discussed in Note 1A "Restatement of Previously Issued Consolidated
Financial Statements" of Notes to Consolidated Financial Statements
(As Restated) included in Item 8 of the Form 10-K/A and in Note 1A
"Restatement of Previously Issued Condensed Consolidated Financial
Statements" of Notes to Condensed Consolidated Financial Statements
(As Restated) included in Item 1 of the Form 10-Q/A.

The Company said the effort required to file the 10-K/A, the Form
10-Q/A, the Second Quarter Form 10-Q and Third Quarter Form 10-Q
has delayed the preparation and completion of the Company's Form
10-K for the fiscal year ended March 31, 2016.  As a result, the
Company was unable to file the Form 10-K within the prescribed time
period without unreasonable effort or expense.

The Company intends to file the Form 10-K as soon as practicable.

Based on preliminary unaudited results the Company anticipates
reporting the following significant changes for the fiscal year:


   * Total sales and other operating revenues are anticipated to
     have been approximately $1,904 million for the fiscal year
     ended March 31, 2016, a 7.9% decrease compared to the prior
     fiscal year principally due to changes in product mix, the
     negative impact on pricing resulting from an oversupply of
     tobacco in the market and lower prices paid to tobacco
     suppliers in most regions due to a stronger U.S. dollar.

   * Gross profit is anticipated to have decreased by 7.8% to
     approximately $224 million in fiscal year 2016, though gross
     margin as a percentage of sales is anticipated to have
     remained consistent with the prior year.

   * The Company anticipates reporting a gain of approximately
     $106 million in other operating income during the fourth
     quarter of the fiscal year ended March 31, 2016 resulting
     from the reconsolidation of its Zimbabwe subsidiary as of
     March 31, 2016, as it has determined that the uncertainty of
     its ability to maintain a controlling financial interest in
     its Zimbabwe subsidiary was eliminated as of March 31, 2016.

   * The Company anticipates reporting operating income of
     approximately $199 million for the fiscal year ended March
     31, 2016, a 104% increase over the prior year due principally
     to the gain from the reconsolidation of the Zimbabwe
     subsidiary.

                        About Alliance One

Alliance One International is principally engaged in purchasing,
processing, storing, and selling leaf tobacco.  The Company
purchases tobacco primarily in the United States, Africa, Europe,
South America and Asia for sale to customers primarily in the
United States, Europe and Asia.

Alliance One reported a net loss of $15.6 million on $2.10 billion
of sales and other operating revenues for the year ended March 31,
2015, compared to a net loss of $87 million on $2.3 billion of
sales and other operating revenues for the year ended March 31,
2014.

As of Dec. 31, 2015, Alliance One had $1.96 billion in total
assets, $1.78 billion in total liabilities and $174 million in
total equity.

                           *     *     *

As reported by the TCR on June 7, 2016, Moody's Investors Service
affirmed Alliance One International, Inc.'s 'Caa2' Corporate
Family
Rating and revised the rating outlook to positive from negative.
Alliance One's 'Caa2' Corporate Family Rating reflects Moody's
expectation that credit metrics and liquidity will remain weak over
the next 12 to 18 months.

The TCR reported on April 13, 2015, that Standard & Poor's Ratings
Services lowered its corporate credit rating on Morrisville,
N.C.-based Alliance One International Inc. to 'CCC+' from 'B-'.


ALLY FINANCIAL: Federal Reserve Okays 2016 Capital Plan
-------------------------------------------------------
Ally Financial Inc. announced that the Federal Reserve did not
object to the company's capital plan as part of the Comprehensive
Capital Analysis and Review.  Ally's capital plan includes the
following actions, which remain subject to consideration and
approval by the Ally Board of Directors:

  * a quarterly cash dividend of $0.08 per share of the company's
    common stock, the first of which is expected to be payable in
    August; and

  * authorization to repurchase up to $700 million of the
    company's common stock from time to time through the second
    quarter of 2017.

Ally Chief Executive Officer Jeffrey Brown commented, "The Federal
Reserve's non-objection of these capital actions is a significant
milestone to Ally and speaks to the company's overall financial
strength and continued focus on safety and soundness.  The
inaugural dividend since becoming publicly-traded is a critical
step in returning capital to Ally stockholders.  Further, being
able to buy back common shares will serve as a key tool for driving
long-term value creation."

Any shares acquired under the proposed repurchase program are
expected to be used for general corporate purposes and to be
available for resale, including in connection with the company's
compensation and employee-benefit plans.  The proposed repurchase
program would enable the company to acquire shares through open
market purchases or privately negotiated transactions, including
through a Rule 10b5-1 plan, at the discretion of the company's
management and on terms (including quantity, timing, and price)
that the company's management determines to be necessary,
appropriate, or advisable.

                       About Ally Financial

Ally Financial Inc., formerly GMAC Inc. -- http://www.ally.com/--
is one of the world's largest automotive financial services
companies.  The Company offers a full suite of automotive
financing products and services in key markets around the world.
Ally's other business units include mortgage operations and
commercial finance, and the company's subsidiary, Ally Bank,
offers online retail banking products.  Ally operates as a bank
holding company.

GMAC obtained a $17 billion bailout from the U.S. government in
exchange for a 56.3 percent stake.  Private equity firm Cerberus
Capital Management LP keeps 14.9 percent, while General Motors Co.
owns 6.7 percent.

Ally reported net income of $1.28 billion on $4.86 billion of total
net revenue for the year ended Dec. 31, 2015, compared to net
income of $1.15 billion on $4.65 billion of total net revenue for
the year ended Dec. 31, 2014.  As of Dec. 31, 2015, the Company had
$158.58 billion in total assets, $145.14 billion in total
liabilities and $13.43 billion in total equity.

                           *     *     *

As reported by the TCR on Dec. 16, 2013, Standard & Poor's Ratings
Services said it raised its issuer credit rating on Ally Financial
Inc. to 'BB' from 'B+'.  "The upgrade reflects the company's
release from potential legal and financial liabilities stemming
from its ownership of ResCap," said Standard & Poor's credit
analyst Tom Connell.

In the April 3, 2014, edition of the TCR, Fitch Ratings has
upgraded Ally Financial Inc.'s long-term Issuer Default Rating
(IDR) and senior unsecured debt rating to 'BB+' from 'BB'.
The rating upgrade reflects increased clarity around Ally's
ownership structure given Ally's recent announcement that it has
launched an initial public offering those shares of its common
stock held by the U.S. Treasury (the Treasury).

As reported by the TCR on July 16, 2014, Moody's Investors Service
affirmed the 'Ba3' corporate family and 'B1' senior unsecured
ratings of Ally Financial, Inc. and revised the outlook for the
ratings to positive from stable.  Moody's affirmed Ally's ratings
and revised its rating outlook to positive based on the company's
progress toward sustained improvements in profitability and
repayment of government assistance received during the financial
crisis.


ALPHA NATURAL: McKinsey Ordered to Disclose Confidential Clients
----------------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal, reported that
corporate turnaround guru Jay Alix prevailed Tuesday in his
long-running battle with consulting giant McKinsey & Co.

According to the report, Mr. Alix, who made his career helping
distressed companies shed debt and shore up their bottom lines, has
accused McKinsey of failing to follow bankruptcy rules by keeping
secret the client relationships that could create conflicts of
interest in its work advising bankrupt companies.  McKinsey denies
wrongdoing and has accused Mr. Alix of trying to cripple a rival to
the consulting business he founded several decades ago, the report
related.

But an airing of the dispute before U.S. Bankruptcy Judge Kevin
Huennekens, who is overseeing the chapter 11 restructuring of
McKinsey client Alpha Natural Resources Inc., ended in a victory
for Mr. Alix, when Judge Huennekens required McKinsey to divulge to
the court key business details, including more than 100 client
names the firm has previously sought to keep confidential, though
he vowed to make sure the sensitive information wouldn't fall into
Mr. Alix's hands, the report further related.

"The purpose here is not to destroy McKinsey's business model," the
report cited Judge Huennekens as saying at the hearing in Richmond,
Va. "It's certainly not to give a competitive advantage to a
competitor."

The judge called the dispute "unfortunate" but said his ruling
should protect both McKinsey and the integrity of the bankruptcy
process without disrupting or delaying Alpha's restructuring, which
is in the home stretch, the report further related.

The Troubled Company Reporter, citing Reuters, previously reported
that a unit of McKinsey & Co working for Alpha Natural  Resources
should be sanctioned for failing to fully disclose potential
conflicts in the coal producer's bankruptcy, a firm owned by the
founder of restructuring rival AlixPartners LLP said on June 6.

According to the report, the consulting company's unit has only
given the appearance of complying with bankruptcy disclosure rules,

Mar-Bow Value Partners LLC said in court papers written in part by

Steven Rhodes, the former judge in Detroit's landmark Chapter 9
bankruptcy case.

The TCR, citing The Wall Street Journal, also previously reported
that McKinsey's role as confidential adviser to the world's most
influential companies is complicating its effort to win lucrative
work with some of the most troubled.

According to the report, the Justice Department recently objected
to bids by McKinsey's restructuring arm -- Recovery &
Transformation Services -- to work on the chapter 11 cases of
coal-mining firm Alpha Natural Resources Inc. and solar-project
developer SunEdison Inc.  The problem: McKinsey isn't naming
clients on its long list of business relationships that might
create conflicts of interest, the report pointed out.

                 About Alpha Natural Resources

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


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

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

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

Judge Kevin R. Huennekens presides over the cases.

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

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors. Dennis F. Dunne, Esq., Evan R. Fleck, Esq.,
and Eric K. Stodola, Esq., at Milbank, Tweed, Hadley & McCloy LLP;

and William A. Gray, Esq., W. Ashley Burgess, Esq., and Roy M.
Terry, Jr., Esq. at Sands Anderson PC, represent the Committee.

                            *     *     *

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

By selling certain assets as a going concern and restructuring the

company's remaining assets into a reorganized Alpha, the company
is
able to provide maximum recovery to its creditors, while
preserving
jobs and putting itself in the best position to meet its
reclamation obligations.  This path will allow for a conclusion of

Alpha's bankruptcy proceedings by June 30, 2016.


ANTERO ENERGY: Court Denies Counsel's Motion to Withdraw
--------------------------------------------------------
The Hon. Stacey G. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas denied on June 13, 2016, the motion of
Frank L. Broyles to withdraw as counsel of Antero Energy Partners,
LLC based on the anticipation that a Chapter 11 Trustee would be
appointed.

The Court said that although a Trustee has been appointed and he
has employed his own counsel, the Court, at this time, believes the
motion should be denied but the issue may be revisited in the
future.

As reported in the Troubled Company Reporter, Antero Energy's
attorney is seeking court approval to withdraw from representing
the company in its Chapter 11 case.

In a motion filed with the U.S. Bankruptcy Court for the Northern
District of Texas, Frank Broyles, one of the attorneys hired by
Antero Energy, said the company no longer needs his services
following the appointment of a bankruptcy trustee.

"The debtor will likely not need further representation in this
matter," Mr. Broyles said, adding that the company does not oppose
the motion.

                       About Antero Energy

Antero Energy Partners, LLC, filed a Chapter 11 petition (Bankr.
N.D. Tex. Case No. 16-30308) in Dallas on Jan. 25, 2016. Judge
Stacey G. Jernigan is assigned to the case.  The Debtor tapped
Keith William Harvey, Esq., at The Harvey Law Firm, P.C., as
counsel. The Debtor estimated $10 million to $50 million in assets
and debt.


ANTHONY CARRINO: Selling Jersey City Condominium Unit for $725,000
------------------------------------------------------------------
Anthony Carrino asks the U.S. Bankruptcy Court for the District of
New Jersey to authorize the sale of his condominium unit located at
650 Montgomery Street, Unit #504, Jersey City, New Jersey
("Property") to Mike Methewson for $725,000, subject to the highest
and best offer by a disinterested third-party.

A hearing for the Motion is set for July 26, 2016 at 10:00 a.m.

The Debtor is in the process of retaining Jim McCarten ("Mr.
McCarten") as the real estate agent for the sale of the Property.
Mr. McCarten, a licensed real estate agent in the State of New
Jersey associated with the firm Weichert Realtors, initially
approached the Debtor to inform him that the Purchaser was
interested in purchasing the Property. Mr. McCarten has sold other
units in the condominium complex for comparable value to the
proposed purchase price. As a result of his prior sales of units in
this condominium complex, Mr. McCarten is very familiar with this
condominium complex and the values of the individual condominium
units. It is Mr. McCarten's professional opinion that the proposed
sale price of the Property constitutes fair value.

The Debtor will continue to solicit higher or better offers and
present any made at the sale hearing. The Debtor believes the
proposed sale provides the best value to the estate.

The pertinent terms of the Purchase Agreement are as follows:

     a. The Purchase Agreement provides for a $725,000 purchase
price which Debtor believes to be the fair market value of the
Property.  

     b. The Purchase Agreement is a cash settlement offer.

     c. The closing is anticipated to occur within sixty days,
after the sale hearing held before the Bankruptcy Court approving
the sale of the Property to the Purchaser in accordance with 11
U.S.C. Section 363(b).

     d. The Purchaser will provide an initial payment of $72,500
once the attorney review period has been completed, and will be
held in escrow in a non-interest bearing trust account by Debtor's
counsel.  The balance of $725,000 will be paid by the Purchaser at
the closing.

     e. The Agreement will be construed, interpreted and enforced
pursuant to the laws of the State of New Jersey.

     f. The Bankruptcy Court will retain jurisdiction with respect
to all matters arising from the Purchase Agreement.

     g. If the Bankruptcy Court determines that a willful default
by Debtor has occurred, Purchaser will be entitled to file an
administrative claim for its damages incurred as the result of
Debtor's default and to terminate the Purchase Agreement and
receive back the deposit.

     h. If Seller is unable to convey title to the Purchaser as per
the Purchase Agreement or willfully fails to close title in
accordance with the Purchase Agreement, the Debtor's sole liability
will be the refunds of all monies paid by Purchaser to Debtor on
account of the Purchase Agreement and for costs, searches, survey,
appraisal and attorney fees, up to $500.

     i. The Property is being sold "as is" condition with no
warranties and the sole remedy for any false representation is
cancellation of the Purchase Agreement with all deposit monies
refunded.

The liens that encumber the Property include:

     a. Any and all unpaid property taxes.

     b. Any and all unpaid municipal charges for water and/or
sewer.

     c. First mortgage lien owed to ConnectOne Bank in the amount
of $337,280.

Anthony G. Carrino sought Chapter 11 protection (Bankr. D.N.J. Case
No. 15-24056) on July 27, 2015.

Anthony Carrino is represented by:

          David E. Sklar
          SCURA, WIGFIELD, HEYER & STEVENS, LLP   
          1599 Hamburg Turnpike
          Wayne, New Jersey 07470
          Telephone: (973) 696-8391


ASPEN GROUP: Conference Call Set for July 27
--------------------------------------------
Aspen Group Inc. issued a press release announcing the Company will
host a conference call to discuss its fiscal year 2016 fourth
quarter (ending April 30, 2016) financial results and business
outlook on Wednesday, July 27, 2016, at 5:00 p.m. (ET).   The
Company will issue a press release reporting results after the
market closes on Wednesday, July 27, 2016.

The conference call can be accessed by dialing toll-free (844)
452-6823 (U.S.) or (731) 256-5216 (international).  Subsequent to
the call, a transcript of the audiocast will be available from the
Company's Web site at ir.aspen.edu.

                       About Aspen Group

Denver, Colo.-based Aspen Group, Inc., was founded in Colorado in
1987 as the International School of Information Management.  On
Sept. 30, 2004, it was acquired by Higher Education Management
Group, Inc., and changed its name to Aspen University Inc.  On
May 13, 2011, the Company formed in Colorado a subsidiary, Aspen
University Marketing, LLC, which is currently inactive.  On
March 13, 2012, the Company was recapitalized in a reverse merger.

Aspen's mission is to become an institution of choice for adult
learners by offering cost-effective, comprehensive, and relevant
online education.  Approximately 88 percent of the Company's
degree-seeking students (as of June 30, 2012) were enrolled in
graduate degree programs (Master or Doctorate degree program).
Since 1993, the Company has been nationally accredited by the
Distance Education and Training Council, a national accrediting
agency recognized by the U.S. Department of Education.

Aspen Group reported a net loss of $4.2 million on $5.2 million of
revenues for the year ended April 30, 2015, compared to a net loss
of $5.3 million on $3.9 million of revenues for the year ended
April 30, 2014.

As of Jan. 31, 2016, Aspen had $5.12 million in total assets, $4.39
million in total liabilities and $733,628 in total stockholders'
equity.


ASPEN GROUP: May Issue 25.3M Shares Under 2012 Incentive Plan
-------------------------------------------------------------
Aspen Group, Inc., amended the Company's 2012 Equity Incentive Plan
to increase the number of authorized shares under the Plan by 5
million shares to a total of 25.3 million shares.   

In addition, on June 23, 2016, the Company granted 2,000,000 stock
options to Chief Operating Officer Gerard Wendolowski, 700,000
stock options to Chief Academic Officer Dr. Cheri St. Arnauld, and
300,000 stock options to Chief Financial Officer Janet Gill.  The
options are exercisable for a period of five years at a price per
share of $0.166.  The options vest in three equal annual increments
with the first vesting date being one year from the grant date,
subject to continued service on each applicable vesting date and
accelerated vesting under certain conditions.  

Effective July 1, 2016, the Company also increased Mr.
Wendolowski's annual salary from $200,000 to $240,000, and Ms.
Gill's annual salary from $200,000 to $220,000.

                       About Aspen Group

Denver, Colo.-based Aspen Group, Inc., was founded in Colorado in
1987 as the International School of Information Management.  On
Sept. 30, 2004, it was acquired by Higher Education Management
Group, Inc., and changed its name to Aspen University Inc.  On
May 13, 2011, the Company formed in Colorado a subsidiary, Aspen
University Marketing, LLC, which is currently inactive.  On
March 13, 2012, the Company was recapitalized in a reverse merger.

Aspen's mission is to become an institution of choice for adult
learners by offering cost-effective, comprehensive, and relevant
online education.  Approximately 88 percent of the Company's
degree-seeking students (as of June 30, 2012) were enrolled in
graduate degree programs (Master or Doctorate degree program).
Since 1993, the Company has been nationally accredited by the
Distance Education and Training Council, a national accrediting
agency recognized by the U.S. Department of Education.

Aspen Group reported a net loss of $4.2 million on $5.2 million of
revenues for the year ended April 30, 2015, compared to a net loss
of $5.3 million on $3.9 million of revenues for the year ended
April 30, 2014.

As of Jan. 31, 2016, Aspen had $5.12 million in total assets, $4.39
million in total liabilities and $733,628 in total stockholders'
equity.


ATLANTIC CITY, NJ: Hires Lawyers to Restructure Debt
----------------------------------------------------
Hilary Russ, writing for Reuters, reported that Atlantic City, New
Jersey's fiscally distressed gambling hub, has hired public finance
attorneys to restructure some of its $240 million of outstanding
bond debt, Mayor Don Guardian said.

According to the report, New Jersey law firm McManimon, Scotland &
Baumann will work on reducing the city's debt load, much of which
it took on to pay back casinos that won property tax appeals.

The city's fortunes have faded as gambling competition in
neighboring states cut into its casino industry and eviscerated its
property tax base, the report related.  Under new state legislation
passed in May, Atlantic City has until October to craft a recovery
plan or face a possible state takeover, the report further
related.

Local resentment lingers, and some at the public meeting wondered
whether the city could avoid state control if it filed for
municipal bankruptcy, the report said.

"Bankruptcy scares investors away. It chills financial markets.
Bankruptcy doesn't solve our problems," the report cited Councilman
Kaleem Shabazz, who noted that New Jersey also controls whether its
cities are allowed to file for bankruptcy.

"Atlantic City is a functional, contributing part of the economic
engine of the state, so we have to work together," he said.

                  *     *     *

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

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

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

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

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

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

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

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

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


BBVA BANCOMER TEXAS: Moody's Cuts Jr. Sub. Debt Ratings to B1(hyb)
------------------------------------------------------------------
Moody's Investors Service downgraded BBVA Bancomer Texas Agency's
long-term global local currency subordinated debt rating to Baa3
from Baa2 and also downgraded the $US-denominated cumulative,
non-convertible, dated Tier 2 subordinated capital notes (CoCos),
and junior subordinated debt ratings to Ba1 (hyb) from Baa3 (hyb).

At the same time, Moody's has confirmed BBVA Bancomer Texas
Agency's A3 global local currency senior unsecured rating and its
A2(cr) long-term and Prime-1(cr) short-term counterparty risk (CR)
assessments. Moody's has also confirmed Banco Nacional de Mexico's
(Banamex, deposits A3/senior unsecured A3 negative, BCA baa2) (P)A3
long-term foreign currency senior unsecured MTN debt program
rating. These actions conclude the reviews of these ratings
initiated on 4 April 2016. These actions follow the rating actions
taken by Moody's de Mexico (MDM) on BBVA Bancomer, S.A. (BBVA
Bancomer, deposits A3/senior unsecured A3 negative, BCA baa2) and
Banamex. For details on the rating actions taken on the above
mentioned parent banks please see the MDM's press release entitled
"Moody's confirms A3 deposits and senior debt ratings of BBVA
Bancomer and Banamex; negative outlook".

LIST OF ALL AFFECTED RATINGS

The following ratings were confirmed:

-- BBVA Bancomer Texas Agency

Long-term global local currency senior unsecured debt rating of A3,
negative outlook

Long-term counterparty risk assessment of A2(cr)

Short-term counterparty risk assessment of Prime-1(cr)

-- Banco Nacional de México, S.A.

Long-term foreign currency senior unsecured MTN debt program rating
of (P)A3

The following ratings were downgraded:

-- BBVA Bancomer Texas Agency

Long-term global local currency subordinated debt rating to Baa3
from Baa2

Long-term global local currency subordinated debt rating to Ba1
(hyb) from Baa3 (hyb)

Long-term global local currency junior subordinated debt rating to
Ba1 (hyb) from Baa3 (hyb)

RATINGS RATIONALE

The confirmation of BBVA Bancomer Texas Agency's A3 senior
unsecured rating and Banamex's (P) A3 foreign currency senior
unsecured MTN debt program rating reflects Moody's continued
assessment of a very high likelihood of government support to these
entities. The negative outlook on BBVA Bancomer Texas Agency's A3
senior unsecured rating is linked to the negative outlook on
Mexico's sovereign rating.

The downgrade of BBVA Bancomer Texas Agency's subordinated, dated
Tier 2 subordinated capital notes, and junior subordinated ratings
follows the lowering of BBVA Bancomer's adjusted baseline credit
assessment (adjusted BCA) to baa2 from baa1 by MDM. The
subordinated and junior subordinated ratings are notched off the
parent's adjusted BCA.

WHAT COULD CHANGE THE RATINGS DOWN

BBVA Bancomer Texas Agency's senior unsecured debt rating and
Banamex's (P)A3 foreign currency senior unsecured MTN debt program
rating would be lowered if Mexico's government bond ratings, which
currently carry a negative outlook, are downgraded. Given the
negative outlook, there is little upward pressure on the ratings at
this juncture. The outlooks will likely stabilize if and when the
government outlook returns to stable.

BBVA Bancomer Texas Agency's subordinated and junior subordinated
ratings could be lowered if Bancomer's adjusted BCA is downgraded,
which would likely only happen if its BCA were lowered by two
notches or more.

Banamex is headquartered in Mexico City, Mexico and reported
MXN1,196 billion in assets (source: Comisión Nacional Bancaria y
de Valores), as of March 2016.


C&J ENERGY: S&P Lowers CCR to 'D' on Missed Interest Payments
-------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on oilfield
services provider C&J Energy Services Ltd. to 'D' from 'CCC-'.

S&P also lowered the issue-level rating on the company's secured
debt to 'D' from 'CCC-'.  The recovery rating on the debt remains
'3', indicating S&P's expectation of meaningful (50% to 70%, higher
end of the range) recovery in the event of default.

The 'D' rating reflects C&J Energy Services' announcement that it
has entered into a second forbearance agreement due to missed
interest payments and covenant breaches on its credit facilities,
including the $284 million principal outstanding on its revolving
credit facility maturing in 2020, $569 million principal
outstanding on its B-1 term loan due 2022, and $480 million
principal outstanding on its B-2 term loan due 2022.  The
forbearance agreement requires the company to enter into a
restructuring support agreement with lenders by July 8, 2016,
otherwise the forbearance will terminate.  The rating reflects
S&P's view that the company will reorganize under Chapter 11.


CAL NEVA LODGE: Sec. 341 Meeting of Creditors on July 15
--------------------------------------------------------
The meeting of creditors of Cal Neva Lodge, LLC is set to be held
on July 15, 2016, at 11:00 a.m., according to a filing with the
U.S. Bankruptcy Court for the Northern District of California.

The meeting will be held at:

       Office of the U.S. Trustee
       777 Sonoma Ave. #116
       Santa Rosa, CA 95404

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

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

                     About Cal Neva Lodge

Cal Neva Lodge, LLC, based in Saint Helena, CA., filed a Chapter 11
petition (Bankr. N.D. Cal. Case No. 16-10514) on June 10, 2016.
The Hon. Thomas E. Carlson presides over the case.  David M.
Poitras, Esq., at Jeffer Mangels Butler and Marmaro LLP, as
bankruptcy counsel.

In its petition, the Debtor estimated $50 million to $100 million
in assets and $10 million to $50 million in liabilities.  The
petition was signed by SWilliam T. Criswell, president of CR Cal
Neva, LLC -- Manager of Cal Neva Lodge, LLC.


CALIFORNIA MUNICIPAL: S&P Cuts 2011A-1 Housing Bonds Rating to BB+
------------------------------------------------------------------
S&P Global Ratings lowered its rating on California Municipal
Finance Authority's series 2011A-1 multifamily housing revenue
bonds, issued for Intercontinental Affordable Housing Inc. (IAHI)
for the Casa Griffin apartments project, two notches to 'BB+' from
'BBB'.  The outlook is negative.

The rating action reflects S&P Global Ratings' opinion of a debt
service coverage (DSC) ratio that decreased significantly in fiscal
2015 to levels it considers more commensurate with the lower 'BB+'
rating; in the rating service's opinion, the loss coverage level is
now highly vulnerable due to a significant increase in the
loan-to-value ratio.

In accordance with S&P Global Ratings' criteria, the rating is
capped at 'BB+' because DSC is below 1.1x, resulting in, what the
rating service views as, a financial strength assessment of
vulnerable and a loss coverage assessment of highly vulnerable.

"We believe we could lower the rating further within the one-year
outlook period if debt service coverage were to fall below 1x and
if loss coverage were to remain highly vulnerable," said S&P Global
Ratings credit analyst Emily Avila.  "We, however, could revise the
outlook to stable if debt service coverage were to stabilize at
levels above 1x."

Officials used series 2011A-1 bond proceeds to finance the
acquisition and rehabilitation of a multifamily apartment complex
known as Casa Griffin apartments in Los Angeles.


CHAPARRAL ENERGY: Seeks to Hire Grant Thornton as Auditor
---------------------------------------------------------
Chaparral Energy, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire Grant Thornton LLP.

The firm will provide independent auditing and other related
services in connection with the Chapter 11 cases of Chaparral
Energy and its affiliates.

Grant Thornton will be paid on an hourly basis and will receive
reimbursement for work-related expenses.  The firm's professionals
and their hourly rates are:

     Partners/Professional    $650 - $850
        Standards Partners
     Managing Director        $600
     Senior Manager           $510
     Manager                  $390
     Senior                   $280
     Staff                    $240

Anthony Holden, a partner at Grant Thornton, disclosed in a court
filing that the firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Anthony W. Holden
     Grant Thornton LLP
     211 N. Robinson, Suite 1200N
     Oklahoma City, OK 73102-7148
     Phone: (405) 218-2800
     Fax: (405) 218-2801
     www.GrantThornton.com
  
                      About Chaparral Energy

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

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

Chaparral Energy, Inc., and its 10 affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Lead Case
No. 16-11144) on May 9, 2016.  The petition was signed by Mark A.
Fischer, chief executive officer.

The Debtors are represented by Richard Levy, Esq., Keith Simon,
Esq., David McElhoe, Esq., and Marc Zelina, Esq., at Latham &
Watkins LLP; and Mark D. Collins, Esq., at Richards, Layton &
Finger, P.A., as counsel.  Kurtzman Carson Consultants LLC serves
as administrative advisor.

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


CLAIRE'S STORES: Antoine Munfakh Named as Director
--------------------------------------------------
Antoine G. Munfakh was appointed a director by Claire's Stores,
Inc.'s Board of Directors on June 30, 2016.  Mr. Munfakh was also
appointed to the Company's Audit and Compensation Committees.  Mr.
Munfakh, 33, is a Partner of Apollo Global Management, LLC, which
he joined in 2008.  

Prior to his current role, Mr. Munfakh served as an Associate at
the private equity firm Court Square Capital Partners, where he
focused on investments in the Business & Industrial Services
sectors.  He also has served as an Analyst in the Financial Sponsor
Investment Banking group at J.P. Morgan, where he focused on
mergers and acquisitions and financing services in support of
private equity transactions.  Mr. Munfakh graduated summa cum laude
from Duke University with a B.S. in Economics, where he was elected
to Phi Beta Kappa.  Mr. Munfakh is also a member of the Board of
Directors of McGraw-Hill Education and CH2M Hill Companies, Ltd.

Investment funds affiliated with Apollo Global Management, LLC are
the controlling stockholders of Claire's Inc., the corporate parent
of the Company, and pursuant to a Stockholders Agreement among
Claire's Inc. and its stockholders, have designated Mr. Munfakh to
serve on the Board of Claire's Inc.

                      About Claire's Stores

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

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

As of April 30, 2016, Claire's Stores had $2.27 billion in total
assets, $2.87 billion in total liabilities and a stockholders'
deficit of $606 million.

                           *     *     *

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

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


CLAIRE'S STORES: Board Chairman Resigns
---------------------------------------
Peter P. Copses, Chairman of the Board of Directors of Claire's
Stores, Inc., has notified the Board of his resignation as Chairman
of the Board, and as Chairman of the Audit and Compensation
Committees, effective June 30, 2016.  Mr. Copses has not resigned
as a result of any disagreement with the Company on any matter
related to the Company's operations, policies or practices,
according to a regulatory filing with the Securities and Exchange
Commission.

Lance A. Milken, a member of the Board of Directors, was appointed
Chairman of the Board, and Chairman of the Audit and Compensation
Committees.  The Board of Directors has determined that Mr. Milken
is an "audit committee financial expert."

                      About Claire's Stores

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

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

As of April 30, 2016, Claire's Stores had $2.27 billion in total
assets, $2.87 billion in total liabilities and a stockholders'
deficit of $606 million.

                           *     *     *

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

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


CLASSIC COMMUNITIES: 341 Meeting of Creditors Set for July 15
-------------------------------------------------------------
The meeting of creditors of Classic Communities Corp. is set to be
held on July 15, 2016, at 1:00 p.m., according to a filing with the
U.S. Bankruptcy Court for the Middle District of Pennsylvania.

The meeting will be held at:

         Federal Bldg, Trustee Hearing Rm
         Rm 1160, 11th Fl
         228 Walnut St, Harrisburg, PA

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

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

                   About Classic Communities

Classic Communities Corporation filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Pa. Case No. 16-02022) on May 10, 2016. The
petition was signed by Douglas Halbert, president. The Debtor
estimated assets and liabilities in the range of $10 million and
debts of up to $50 million. Judge Mary D. France is the case judge.


CLASSIC COMMUNITIES: Panel, UST Object to Hiring of Broker
----------------------------------------------------------
The Official Committee of Unsecured Creditors of Classic
Communities Corp., and Andrew R. Vara, the Acting U.S. Trustee for
Region Three, filed a motion with the U.S. Bankruptcy Court for the
Middle District of Pennsylvania to vacate the Court's order
authorizing the employment of Keller Williams of Central PA as the
Debtor's real estate broker.

The Committee and the Trustee object to the Debtor's amended
application to approve employment of real estate broker, relative
to Keller Williams.

The Committee claimed that the Initial Retention Order is premised
on inaccurate statements and incomplete disclosures as to the
claimed "disinterestedness" of Keller Williams and Knickerbocker.
It was not until 2 weeks after the Initial Retention Application
was filed and almost 1 week after the Court entered the Initial
Retention Order that disqualifying information was first disclosed
by Keller Williams to the Court.

According to the Trustee, the Debtor filed the Amended Application
after the U.S. Trustee inquired about undisclosed connections
between the Debtor and the proposed real estate broker, Keller
Williams of Central PA. The Amended Application disclosed that
Stuart Knickerbocker, who is the broker's licensee on 12 listing
agreements covering 25 of the Debtor's properties, was an employee
of the Debtor until December 2015 and owns a 40% interest in Legacy
Homes of Central PA.  The Debtor's owners, James and Douglas
Halbert, own the other 60% of Legacy Homes of Central PA, which is
poised to receive proceeds from the sale of the Debtor's real
property before any proceeds are received by the bankruptcy estate.
Mr. Knickerbocker, and by extension Keller Williams of Central PA,
is not disinterested.

The Committee is represented by:

       Gary H. Leibowitz, Esq.
       COLE SCHOTZ P.C.
       300 E. Lombard Street, Suite 1450
       Baltimore, MD 21202
       Tel: (410) 528-2971
       Fax: (410) 528-9401
       E-mail: gleibowitz@coleschotz.com

The U.S. Trustee is represented by:

       Benjamin A. Hackman, Esq.
       U.S. Department of Justice Office
       of the United States Trustee
       J. Caleb Boggs Federal Building
       844 King Street, Ste 2207, Lockbox 35
       Wilmington, DE 19801
       Tel: (302) 573-6491
       Fax: (302) 573-6497

                   About Classic Communities

Classic Communities Corporation filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Pa. Case No. 16-02022) on May 10, 2016. The
petition was signed by Douglas Halbert, president. The Debtor
estimated assets and liabilities in the range of $10 million and
debts of up to $50 million. Judge Mary D. France is the case
judge.



COMMERCIAL METALS: Moody's Affirms Ba1 CFR, Outlook Stable
----------------------------------------------------------
Moody's Investors Service revised Commercial Metals Company's
outlook to stable from negative.  The Ba1 Corporate Family Rating,
Ba1-PD Probability of Default rating, the Ba2 senior unsecured note
rating and the SGL-2 Speculative Grade Liquidity Rating were all
affirmed.

The change in outlook to stable reflects CMC's improved earnings
and cash flow generation performance, which has contributed to
stronger debt protection metrics and a lower leverage position.
Ongoing recovery in the construction market, particularly
non-residential construction -- a key market for the company --
together with disciplined focus on costs, productivity and supply
chain management, have contributed to the stronger profile.  While
the pace of improvement has slowed in 2016 versus 2015, and the
volatility between price realizations and scrap consumed costs in
the Americas Mills and International Mill segment will contribute
to quarterly fluctuations, the improved metrics are seen as
sustainable.  The overall reduction in debt levels also has
contributed to the improvement in leverage as evidenced by the
debt/EBITDA ratio of 2.5x for the twelve months ended February 29,
2016.

Issuer: Commercial Metals Company

Affirmations:

  Probability of Default Rating, Affirmed Ba1-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-2
  Corporate Family Rating, Affirmed Ba1
  Senior Unsecured Regular Bond/Debenture, Affirmed Ba2 (LGD4)

Outlook Actions:

  Outlook, Changed To Stable From Negative

                       RATINGS RATIONALE

CMC's Ba1 CFR reflects the continued improvement evidenced in the
company's financial results, which has more strongly positioned the
rating in its rating category.  The rating also considers the
strengthening fundamentals in the construction industry,
particularly in the south and southwest regions served by the
Company.  While Moody's expects there could be moderation in the
pace of growth in this market relative to 2015, the overall outlook
remains favorable.  The rating captures the volatility that can
exist in metal margins per ton based upon movement in realized
prices and scrap consumed costs, movement in which can be on a
lagging basis as well as the relatively small size of the company
and exposure to the construction markets, particularly the rebar
market.  An additional factor in the rating is the challenge facing
the International Marketing and Distribution segment on weak
commodity prices and global steel overcapacity and the ongoing
losses at the Recycling segment.

The SGL-2 speculative grade liquidity rating reflects the company's
good liquidity profile characterized by $484 million in cash at May
31, 2016, and a $350 million secured (by U.S. inventory) revolving
credit facility expiring in June 2019, mostly undrawn except for
some letter of credit usage.  The company remains comfortably in
compliance with the maximum debt/capital covenant of 60% and the
minimum interest coverage ratio requirement of 2.5x (EBITDA based).
CMC also has an accounts receivable securitization program
expiring in August 2017, which contains the same covenants as the
revolver.

In February 2016, CMC repaid $100 million of the $400 million in
notes maturing in July 2017 and $100 million of the $500 million in
notes maturing in August 2018. C apital expenditures for 2016
(August year-end) are expect to be around $200/210 million.
Moody's expects the company to be at least free cash flow neutral
in 2016.  As such capital expenditures and the 2017 maturing debt
are anticipated to be accommodated within the company's liquidity
resources.

The Ba2 rating of the senior unsecured notes reflects the impact of
the revolving credit facility (unrated by Moody's) and priority
accounts payables on the liability waterfall in Moody's Loss Given
Default (LGD) Methodology and the lower position of the senior
unsecured debt in the capital structure.  Under Moody's LGD
Methodology, the revolver, secured by US inventory, is treated as
having an effectively senior position resulting in potential higher
loss absorption for the unsecured debt.

CMC's rating could be upgraded should construction markets continue
to evidence improving trends.  Quantitatively, the rating could be
upgraded if the debt-to-EBITDA ratio is sustained at or below 3.0
times, the EBIT-to-interest ratio above 4.0 times and the operating
cash flow less dividends-to-debt ratio is sustainable above 25%.
The rating could be downgraded if economic weakness and increased
competition dampen sales growth, leading to deterioration in
operating performance and credit metrics. Quantitatively, the
rating could be downgraded if the EBIT margin is sustained below
4%, and if debt-to-EBITDA and EBIT-to-interest expense are likely
to be sustained above 4.0 times and below 2.5 times, respectively.

The principal methodology used in these ratings was Global Steel
Industry published in October 2012.

Headquartered in Irving, Texas, Commercial Metals Company (CMC)
manufactures steel through its five minimills in the United States.
Total global capacity is approximately 4.1 million tons. It also
has a presence in Europe through its minimill in Poland which has
about 1.2 million tons rolling capacity.  In addition, CMC operates
steel fabrication facilities, ferrous and nonferrous scrap metal
recycling facilities, and is involved in the marketing and
distribution of steel, other metals and industrial raw materials.
Revenues for the twelve months ended May 31, 2016, were $4.8
billion.


CONNTECH PRODUCTS: Proposes $1.36M Sale of Machinery & Equipment
----------------------------------------------------------------
Conntech Products Corp., asks the U.S. Bankruptcy Court for the
District of Connecticut to approve its amended motion to sell its
machinery and equipment ("Assets") in five separate lots to five
different purchasers or their designee, other than in the ordinary
course of business, for the aggregate price of $1,362,700, subject
to higher or better offers.

On April 22, 2016 Court entered an order authorizing employment of
a business broker which authorized the employment of Capital
Recovery Group, LLC ("CRG").  CRG has been actively marketing and
trying to sell the Debtor as a going concern and has been contacted
by interested parties but no written proposals have been received.


The Debtor has undertaken its own efforts to locate a buyer for its
business as going concern, but it has not 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 assets are being broken down into eight different bidding lots
("Lots").  The five bids on Lots 2 through 6 and are as follows:

  Bid#             Purchaser                Purchase Price
  ----             ---------                --------------
  Lot 1  All contents of facility       No min. highest and best
  Lot 2  Fluid Control Solutions/SAAR Corp.     $1,164,900
  Lot 3  Component Engineers, Inc.                 $45,500
  Lot 4  Novo Precision                            $61,500
  Lot 5  Aeroswiss                                 $39,300
  Lot 6  Peter Paul Electronics Co. Inc.           $51,500
  Lot 7  Inventory & Work in Progress   No min. highest and best
  Lot 8  All assets not in Lots 2 to 7  No min. highest and best

The Offer is subject to the following 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 of liens.

The Debtor asks the Court to approve bidding procedures for a sale
of the Assets.  To yield the maximum realizable value for the
Assets, the Debtors will accept competing bids for the Assets.
Bids must be submitted at least three business days before the
hearing on the sale.  If qualified competing bids are received,
auction will be conducted by GRG.

The Debtor will amend its Disclosure Statement and Plan to provide
for the sale of its assets and cessation of business as it
currently exists.

Counsel for the Debtor:

          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 is involved with the design and
development of precision machined components and assemblies for
medical device, military, aerospace, firearms and commercial
industries.

ConnTech 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.

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

Neil Crane, Esq., at the Law Offices of Neil Crane, LLC, serves as
counsel to the Debtor.  

                           *     *     *

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.


COWBOYS FAR WEST: Seeks to Hire James Wilkins as Attorney
---------------------------------------------------------
Cowboys Far West, Ltd. seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire James Samuel
Wilkins of Willis & Wilkins, LLP as its attorney.

Mr. Wilkins will provide these services in connection with the
Cowboys Far West's Chapter 11 case:

     (a) give legal advice with respect to Cowboys Far West's
         power and duties as a debtor-in-possession;  

     (b) take necessary action to collect property of the
         Debtor's estate and file suits to recover the same;

     (c) represent the Debtor in connection with the formulation  
         and implementation of a plan of reorganization; and

     (d) prepare legal papers and object to disputed claims.

Mr. Wilkins will be paid $400 per hour for his services.

In a court filing, Mr. Wilkins disclosed that he does not have any
business or professional connection with the Debtor and its
creditors.

Mr. Wilkins' contact information is:

     James Samuel Wilkins, Esq.
     Willis & Wilkins, LLP
     711 Navarro St Suite 711
     San Antonio, TX 78205
     Tel: 210-271-9212
     Fax: 210-271-9389
     Email: jwilkins@stic.net

                     About Cowboys Far West

Cowboys Far West, Ltd. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Texas Case No. 16-51419) on June 24,
2016.  The petition was signed by Michael J. Murphy, president of
Cowboys Concert Hall-Arlington, Inc., general partner.  

The case is assigned to Judge Ronald B. King.

At the time of the filing, the Debtor estimated its assets at $50
million to $100 million and debts at $1 million to $10 million.


CRYOPORT INC: Files 5.2M Shares Registration Statement with SEC
---------------------------------------------------------------
Cryoport, Inc., filed with the Securities and Exchange Commission a
Form S-1 registration statement relating to the offering by certain
existing holders of the Company's common stock of 3,096,785 shares
of its common stock, par value $0.001 per share, including 610,693
shares of the Company's common stock issuable upon exercise of the
warrants held by certain selling security holders.  

It is anticipated that the selling security holders will sell these
shares of common stock from time to time in one or more
transactions, in negotiated transactions or otherwise, at
prevailing market prices or at prices otherwise negotiated.  The
Company will not receive any proceeds from the sales of shares of
common stock by the selling security holders.  The Company has
agreed to pay all fees and expenses incurred by it incident to the
registration of its common stock, including SEC filing fees.  Each
selling security holder will be responsible for all costs and
expenses in connection with the sale of their shares of common
stock, including brokerage commissions or dealer discounts.

This prospectus also relates to the offering by the Company of
2,090,750 shares issuable upon the exercise of certain warrants to
purchase common stock previously registered on the Registration
Statement on Form S-1 (File No. 333-203006), which was initially
filed on March 25, 2015 and became effective on July 23, 2015.

The Company's common stock and the Registered Warrants are
currently traded on the NASDAQ Capital Market under the symbols
"CYRX" and "CYRXW", respectively.  As of June 29, 2016, the closing
sale price of the Company's common stock was $2.36 per share and
the closing price of the Company's Registered Warrants was $0.66
per warrant.

A full-text copy of the Form S-1 prospectus is available at:

                     https://is.gd/MvspmC

                         About Cryoport

Lake Forest, Calif.-based CryoPort, Inc. (OTC BB: CYRX) provides
comprehensive solutions for frozen cold chain logistics, primarily
in the life science industries.  Its solutions afford new and
reliable alternatives to currently existing products and services
utilized for bio-pharmaceuticals and biologics, including in-vitro
fertilization, cell lines, vaccines, tissue and other commodities
requiring a reliable frozen solution.

Cryoport reported a net loss attributable to common stockholders of
$15.05 million on $5.88 million of revenues for the year ended
March 31, 2016, compared to a net loss attributable to common
stockholders of $12.19 million on $3.93 million of revenues for the
year ended March 31, 2015.

As of March 31, 2016, Cryoport had $5.82 million in total assets,
$2.72 million in total liabilities and $3.09 million in total
stockholders' equity.

KMJ Corbin & Company LLP, in Costa Mesa, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended March 31, 2016, citing that
the Company has recurring operating losses from inception and has
used substantial amounts of working capital in its operations.
Although the Company has cash and cash equivalents of $2.8 million
at March 31, 2016, management has estimated that cash on hand will
only be sufficient to allow the Company to continue its operations
through the third quarter of fiscal 2017. These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


CS MINING: Taps Pepper Hamilton as Legal Counsel
------------------------------------------------
CS Mining, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Utah to hire Pepper Hamilton LLP as its legal
counsel.

Pepper Hamilton will provide these services in connection with the
involuntary Chapter 11 petition filed by a group of creditors
against the company:

     (a) prepare a response to the involuntary petition;

     (b) advise CS Mining with respect to its rights, powers and
         duties as a potential debtor-in-possession in the
         continued management and operation of its business and
         properties;

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

     (d) advise and consult CS Mining regarding the conduct of its

         case, including potential legal and administrative
         requirements of operating in Chapter 11;

     (e) advise CS Mining on matters relating to the evaluation of

         the assumption, rejection or assignment of unexpired
         leases and executor contracts;

     (f) take all necessary action to protect and preserve CS
         Mining's estate, including the prosecution of actions on
         its behalf and the defense of any actions commenced
         against the estate; and

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

         and the Office of the U.S. Trustee for the District of
         Utah.

The firm's professionals and their customary hourly rates are:

     Francis J. Lawall     Partner            $765
     Donald J. Detweiler   Partner            $705
     Henry Jaffe           Partner            $670
     John H. Schanne, II   Associate          $455
     Susan Henry           Senior Paralegal   $265
     Monica Molitor        Senior Paralegal   $275

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

Pepper Hamilton can be reached through:

     Donald J. Detweiler
     Francis J. Lawall
     John H. Schanne II
     Pepper Hamilton LLP
     Hercules Plaza, Suite 5100
     1313 N. Market Street
     Wilmington, DE 19899-1709
     Telephone: (302) 777-6500
     Facsimile: (302) 656-8865
     Email: detweild@pepperlaw.com
            lawallf@pepperlaw.com
            schannej@pepperlaw.com

                        About CS Mining

Five alleged creditors filed an involuntary Chapter 11 petition
against CS Mining, LLC (Bankr. D. Utah Case No. 16-24818) on June
2, 2016.

The petitioning creditors are R.J. Bayer Professional Geologist
LLC, Minerals Advisory Group LLC, Rollins Construction & Trucking
LLC, Rollins Machine Inc., and Oxbow Sulphur Inc.

The creditors tapped as counsel Martin J. Brill, Esq., at Levene,
Neale, Bender, Yoo & Brill L.L.P., and George B. Hofmann, Esq., at
Cohne Kinghorn PC.


DFC FINANCE: Moody's Lowers Senior Secured Rating to 'Ca'
---------------------------------------------------------
Moody's Investors Service downgraded the senior secured rating of
DFC Finance Corp to Ca from Caa1 and the corporate family rating of
Sterling Mid-Holdings Limited (Sterling), the parent company of DFC
Finance Corp., to Caa3 from Caa1.  The outlook is stable on all
ratings.

These ratings have been downgraded:

Issuer: DFC Finance Corp.

  Senior Secured Regular Bond/Debenture, to Ca from Caa1

Issuer: Sterling Mid-Holdings Limited

  Corporate Family Rating, to Caa3 from Caa1
  Outlook, Changed To Stable From Negative

                          RATINGS RATIONALE

The downgrade of DFC Finance Corp's senior secured ratings to Ca
from Caa1 follows the company's tender offer on June 27th, where it
seeks to exchange its $800 million 10.5% senior secured notes into
new 12% payment-in-kind (PIK) notes.  While the new notes will have
the same maturity and seniority as the existing notes, the exchange
of cash interest-bearing obligations into PIK notes indicates
constrained liquidity at the company as well as default avoidance.
Therefore, Moody's views this transaction as a distressed exchange
and default under its definitions.

The downgrade of Sterling Mid-Holdings Limited's corporate family
rating to Caa3 from Caa1 reflects its weak financial performance,
as evidenced by continuing losses, high leverage and the resulting
weak debt servicing metrics, as well as constrained liquidity.  In
the nine months ended March 31, 2016, the company reported a
$137 million pre-tax loss after posting a $311 million loss in its
fiscal year ended 30 June 2015.  In addition, Sterling's EBITDA is
negative according to Moody's calculations, which do not add back
restructuring and other charges, most of which have been recurring.
As of March 31, 2016, Sterling had $1 billion of debt, the
majority of which was represented by the $800 million notes that
are being exchanged into the new PIK notes.

Sterling's performance could weaken further as a result of new
regulations in its key markets, and particularly in Canada, which
accounts for a substantial portion of its revenues and where local
governments are considering imposing restrictions on payday
lending.

The senior secured rating could be upgraded if the company
successfully consummates the exchange offer, scheduled to expire on
26 July 2016.  In the long term, the corporate family and senior
secured ratings could be upgraded if the company improves its
financial performance by substantially cutting losses, generating
positive cash flows from operations, and strengthening its
liquidity.  The ratings could be downgraded if the company's
financial performance deteriorates.


DIOCESE OF DULUTH: Crown Wing County Tracts Sale Approved
---------------------------------------------------------
Judge Robert J. Kressel of the U.S. Bankruptcy Court for the
District of Minnesota authorized Diocese of Duluth to sell Tracts A
and B, Carlson Lake Road, located in Brainerd, Crow Wing County,
Minnesota, to Roger Bernau and Marilyn Bernu, for $120,000.

The Tracts are more particularly described as:

       Tract A: The North 510 feet of the Northwest Quarter of the
Northeast Quarter (NW1/4-NE1/4), Section 26, Township 134, Range
29, Crow Wing County, Minnesota. The tract is subject to the rights
of way for Barbeau Road and Carlson Lake Road. It is also subject
to other easements, reservations or restrictions of record, if
any.

       Tract B: The South 655 of the West 535 feet of the Northwest
Quarter of the Northeast Quarter  (NW1/4-NE1/4) and the West 535
feet of the North Half of the Southwest Quarter of the Northeast
Quarter (N1/2-SW1/4-NE1/4), all in Section 26, Township 134, Range
29, Crow Wing County, Minnesota. The tract is subject to the right
of way for Carlson Lake Road. It is also subject to other
easements, reservations or restrictions of record, if any.

Judge Kressel also authorized the Debtor to pay, from funds at
closing, real estate commission to Wadsten and Edina Realty in the
amount of $7,634. The debtor will hold the rest of the funds in a
separate account pending further order.

                     About Diocese of Duluth

The Diocese of Duluth is headquartered in Duluth, Minnesota.  It
covers northern Minnesota parishes and 10 counties with Cass to the
west, Koochiching to the north, Cook to the east and Pine to the
south.

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

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

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


DUBY INDUSTRIAL: Case Summary & 3 Unsecured Creditors
-----------------------------------------------------
Debtor: DuBy Industrial One, LLC
        a California limited liability company
        PO Box 466
        Surfside, CA 90743

Case No.: 16-12794

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       Central District of California (Santa Ana)

Judge: Hon. Mark S Wallace

Debtor's Counsel: Thomas J Polis, Esq.
                  POLIS & ASSOCIATES, APLC
                  19800 MacArthur Blvd, Ste 1000
                  Irvine, CA 92612-2433
                  Tel: 949-862-0040
                  Fax: 949-862-0041
                  E-mail: ecf@polis-law.com
                         tom@polis-law.com

Total Assets: $2.50 million

Total Liabilities: $5,850

The petition was signed by Kelly Dunagan, member of DuBy Industrial
One, LLC.

A copy of the Debtor's list of its 20 largest unsecured creditors
-- containing three entries -- is available for free at
http://bankrupt.com/misc/cacb16-12794.pdf


EAST COAST PAWN: Taps Joseph T. Bambrick as Legal Counsel
---------------------------------------------------------
East Coast Pawn Inc. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Pennsylvania to hire the Law Firm of
Joseph T. Bambrick, Jr. as its legal counsel.

The firm will provide these services in connection with East Coast
Pawn's Chapter 11 case:

     (a) give legal advice with respect to East Coast Pawn's
         powers and duties as a debtor-in-possession;
  
     (b) prepare legal papers;

     (c) prepare a Chapter 11 plan of reorganization and
         disclosure statement; and

     (d) provide other necessary legal services.

Joseph Bambrick, Jr., the attorney primarily responsible for
representing the Debtor, will be paid $200 per hour for his
services while paralegals will be paid $85 per hour.

In a court filing, Mr. Bambrick disclosed that he is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Mr. Bambrick's contact information is:

     Joseph T. Bambrick, Jr., Esq.
     529 Reading Avenue
     West Reading, PA 19611
     Phone: 610-372-6400
     Fax: 610-372-9483

                        About East Coast Pawn

East Coast Pawn Inc. filed a Chapter 7 petition on June 14, 2016.
The case was converted to a Chapter 11 proceeding (Bankr. E.D.
Penn. Case No. 16-14242) on June 22, 2016.


EFT HOLDINGS: Needs More Time to File Fiscal 2016 Form 10-K
-----------------------------------------------------------
EFT Holdings, Inc., 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 compilation, dissemination and review of the information
required to be presented in the Annual Report on the Form 10-K for
the relevant period has imposed time constraints that have rendered
timely filing of the Form 10-K impracticable without undue hardship
and expense to the registrant.  The registrant undertakes the
responsibility to file such report no later than the fifteenth day
after its original prescribed due date."

                     About EFT Holding

California-based EFT Holdings, Inc., is primarily an e-Business
company designed around the "Business-to-Customer" concept, which
means that the Company's products are sold directly to customers
through its web site.  The Company's "Business-to-Customer" model
differs from the traditional "Business to Business" model where
products are sold to distributors who then sell the products to
ultimate customers.

EFT Holdings reported a net loss of $5.30 million on $968,000 of
net total revenues for the year ended March 31, 2015, compared to a
net loss of $20.3 million on $1.80 million of net total revenues
for the year ended March 31, 2014.

As of Dec. 31, 2015, EFT Holdings had $18.6 million in total
assets, $12.5 million in total liabilities, all current, and $6.15
million in total equity.


EIDOS LLC: Stairway, Agree to Extend Bar Date
---------------------------------------------
Eidos LLC, et al. and Stairway Capital Management II L.P. entered
into an agreement extending the bar date for filing
non-governmental unit proofs of claim to July 29, 2016.

On May 13, 2016, the Debtors filed a Motion to Approve Compromise
to Dismiss Case, seeking to dismiss each of Debtors' seven Chapter
11 cases currently pending before the bankruptcy court.

Stairway, Ironshore Specialty Insurance Company, Dentons US LLP,
and the U.S. Trustee support the relief requested in the motion,
and no objections to the motion to dismiss have been filed.

On June 1, 2016, a hearing on the motion was held during which the
bankruptcy court continued the hearing to July 11, 2016.

The current bar date for filing non-governmental unit proofs of
claim is June 8, 2016 and the bar date for filing governmental unit
proofs of claim is August 2, 2016.

Stairway and the Debtors agree that given that the current
non-governmental unit bar date precedes the continued July 11, 2016
hearing on the motion, it is appropriate to request that the
bankruptcy court extend the non-governmental unit bar date until
the end of July 2016.

This deadline is called a "bar date" because it means that
creditors who come forward after that date may be "barred" from
ever filing a claim against the company.

Eidos, LLC and Debtors-in-Possession are represented by:

     Donald F. King, Esq.
     Alexander M. Laughlin, Esq.
     Lauren Friend McKelvey, Esq.
     ODIN FELDMAN & PITTLEMAN PC
     1775 Wiehle Avenue, Suite 400
     Reston, VA 20190
     Tel: (703) 218-2100
     Fax: (703) 218-2160
     Email: donking@ofplaw.com
            Alex.Laughlin@ofplaw.com
            Lauren.McKelvey@ofplaw.com

Stairway Capital Management II L.P. is represented by:

     G. David Dean, Esq.
     Jonathan A. Grasso, Esq.
     COLE SCHOTZ P.C.
     300 East Lombard Street, Suite 1450
     Baltimore, MD 21202
     Tel: (410)528-2972
     Fax: (410)528-9402
     E-mail: ddean@coleschotz.com
             jgrasso@coleschotz.com

         - and –

     Michael D. Sirota, Esq.
     David M. Bass, Esq.
     COLE SCHOTZ P.C.
     1325 Avenue of the Americas, 19th Floor
     New York, NY 10019
     Tel: (212)752-8000
     Fax: (212)752-8393
     E-mail: msirota@coleschotz.com
             dbass@coleschotz.com

                    About Eidos, LLC

Eidos LLC and six affiliated debtors each filed a Chapter 11
bankruptcy petition (Bankr. E.D. Va. Lead Case No. 16-10385-BFK) on
Feb. 4, 2016. The cases are assigned to Judge Brian F. Kenney.

The Debtors have tapped Odin, Feldman & Pittleman P.C. as their
legal counsel.

Eidos LLC estimated assets of $100 million to $500 million and debt
of $50 million to $100 million.


ELBIT IMAGING: Unit Closes Sale of MUP Plot in Belgrade
-------------------------------------------------------
Elbit Imaging Ltd. announced that Plaza Centers N.V., an indirect
subsidiary of the Company, has completed the sale of the MUP plot
following the fulfilment of certain conditions precedent.  In line
with the original terms, the purchaser has paid the initial amount
of EUR11 million in cash to Plaza.

An additional EUR300,000 will be due before Nov. 30, 2016, and the
remaining EUR4.6 million will be due within 15 months from the
transaction closing date.  Furthermore, Plaza will also be entitled
to an additional pending payment of EUR600,000, on top of the
EUR15.9 million transaction consideration, once the purchaser
successfully develops at least 69,000 sqm above ground.

In line with Plaza's stated restructuring plan, 75% of the
abovementioned proceeds will be distributed to Plaza's bondholders
in the following quarter.

                     About Elbit Imaging

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

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

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

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

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


ENERGY TRANSFER: Calls Off $33Mil. Merger With Williams Cos.
------------------------------------------------------------
Alison Sider, writing for The Wall Street Journal, reported that
Energy Transfer Equity LP said that it had terminated its merger
agreement with rival pipeline operator Williams Cos., a deal valued
at nearly $33 billion when it was signed last year.

According to the report, the move was widely anticipated after a
Delaware judge ruled that Energy Transfer could back out, since its
lawyers couldn't deliver a necessary opinion on the deal's tax
treatment.

But the fight may not be over as Williams has said it doesn't
believe Energy Transfer has the right to terminate the deal, and
has appealed the judge's ruling, the report related.  Its
shareholders voted in favor of the deal in a special meeting,
despite indications from Energy Transfer that it planned to kill
the agreement, the report said.

Williams has previously said the deal's collapse would cost it
between $4 billion and $10 billion in lost value for its
shareholders, the further report related.

The company also said that it will renew its focus on its main
business, bringing natural gas to market, the report added.

               About Energy Transfer Equity

Energy Transfer Equity, L.P. (NYSE: ETE) owns the general partner
and 100% of the incentive distribution rights of Energy Transfer
Partners, L.P. (NYSE: ETP) and Sunoco LP (NYSE: SUN).  Dallas-based
ETE also owns approximately 2.6 million ETP common units, 81.0
million ETP Class H Units, and 2.2 million Sunoco LP common units.


ENERGY XXI: Equity Committee Taps Hoover Slovacek as Counsel
------------------------------------------------------------
The official committee of equity security holders of Energy XXI
Ltd. seeks approval from the U.S. Bankruptcy Court for the Southern
District of Texas to hire Hoover Slovacek LLP as its legal
counsel.

The equity committee tapped the firm to provide these services in
connection with the Chapter 11 cases of Energy XXI and its
affiliates:

     (a) advise the committee regarding any potential claims
         equity holders may have against the Debtors' estates or
         their officers and directors;

     (b) advise the committee regarding any potential unfair
         discrimination against shareholders;

     (c) advise and assist the committee in determining
         valuation of the estates;

     (d) attend meetings and negotiate with the representatives of

         the Debtors and other committees; and

     (e) appear before the bankruptcy court and other courts.

The firm's professionals and their hourly rates are:

     Edward Rothberg         $450
     Annie Catmull           $350
     Melissa Haselden        $325
     Deirdre Carey Brown     $325
     Curtis McCreight        $310
     Brendetta Scott         $275
     Financial Consultant    $175
     Paralegals              $65 - $125

Edward Rothberg, a partner at Hoover Slovacek, disclosed in a court
filing that the firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Edward L. Rothberg
     Hoover Slovacek LLP
     5847 San Felipe, Suite 2200
     Houston, TX 77057
     Tel: 713-977-8686
     Fax: 713-977-5395

                      About Energy XXI, Ltd.

Energy XXI Ltd (OTCMKTS: EXXIQ) was incorporated in Bermuda on July
25, 2005.  With its principal operating subsidiary headquartered in
Houston, Texas, Energy XXI is engaged in the acquisition,
exploration, development and operation of oil and natural gas
properties onshore in Louisiana and Texas and in the Gulf of Mexico
Shelf.

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

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

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

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

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

The Office of the U.S. Trustee on April 26 appointed five creditors
of Energy XXI Ltd. to serve on the official committee of unsecured
creditors.  The Committee retains Heller, Draper, Patrick, Horn &
Dabney LLC as its co-counsel, Latham & Watkins LLP as its
co-counsel, and FTI Consulting, Inc. as its financial advisor.


EOGH LIQUIDATION: Taps Prime Clerk as Administrative Advisor
------------------------------------------------------------
EOGH Liquidation, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire Prime Clerk LLC as its
administrative advisor.

The firm will provide these services in connection with the Chapter
11 cases of EOGH Liquidation and its affiliates:

     (a) assist in the solicitation, balloting and tabulation of
         votes, and prepare any related reports as required in
         support of confirmation of a Chapter 11 plan, and in
         connection with such services, process requests for
         documents;

     (b) prepare an official ballot certification and, if
         necessary, testify in support of the ballot tabulation
         results;

     (c) manage and coordinate any distributions pursuant to a
         Chapter 11 plan; and

     (d) provide such other processing, solicitation, balloting
         and other administrative services.

The firm's professionals and their hourly rates are:

     Analyst                      $30 - $45
     Technology Consultant        $80 - $90
     Consultant                  $90 - $130
     Senior Consultant          $135 - $160
     Director                   $165 - $185
     Solicitation Consultant           $185
     Director of Solicitation          $195

Michael Frishberg, co-president and chief operating officer of
Prime Clerk, disclosed in a court filing that the firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Michael J. Frishberg
     Prime Clerk LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 257-5450

                     About East Orange General

Located in East Orange, New Jersey, East Orange General Hospital is
211-bed hospital that claims to be the only independent, fully
accredited, acute-care hospital in Essex County and is a recognized
leader in behavioral health services, renal dialysis, wound care,
diagnostic services, emergency services, and family health care.

East Orange General Hospital, Inc. and parent Essex Valley
Healthcare, Inc. filed Chapter 11 bankruptcy petitions (Bankr. D.
N.J. Case Nos. 15-31232 and 15-31233) on Nov. 10, 2015.  Martin A.
Bieber, the interim president and chief executive officer, signed
the petitions.  The Debtors estimated both assets and liabilities
in the range of $100 million to $500 million.  The Debtors employed
about 860 individuals at the time of the bankruptcy filing.

The Debtors have engaged Lowenstein Sandler LLP as counsel,
PricewaterhouseCoopers LLP as financial advisor, McCarter &
English, LLP as special transactional counsel, and Prime Clerk LLC
as claims, noticing and balloting agent.

Judge Vincent F. Papalia has been assigned the cases.

The Office of the U.S. Trustee appointed seven creditors to the
official committee of unsecured creditors.  The committee is
represented by Arent Fox LLP and Trenk, DiPasquale, Della Fera &
Sodono, P.C.

Laura L. Katz was appointed the Patient Care Ombudsman on Nov. 23,
2015.  Ms. Katz is a member of the law firm of Saul Ewing, LLP,
which also serves as her counsel in the Ch. 11 case.


EROSOL LLC: S. Gregory Hays Named Chapter 11 Trustee
----------------------------------------------------
Judge Mary Grace Diehl on June 27, 2016, entered an order approving
the appointment by the Acting United States Trustee for Region 21
of S. Gregory Hays as Chapter 11 Trustee in the case of Erosol,
LLC.  

The Chapter 11 Trustee may be reached at:

         S. Gregory Hays
         HAYS FINANCIAL CONSULTING, LLC
         3343 Peachtree Road, NE, Suite 200
         Atlanta, GA 30326-1420

The bond of the Chapter 11 Trustee will initially be set at
$100,000.  The bond may require adjustment as the trustee collects
and liquidates assets of the estate, and the trustee is directed to
inform the Office of the United States Trustee when changes to the
bond amount are required or made.

Guy G. Gebhardt, Acting United States Trustee for Region 21, on
June 24, 2016, appointed Mr. Hays as Chapter 11 Trustee after
consulting with the Debtor, current lessor Crushpad Properties,
LLC, and secured creditor Swift Financial Corp.

On June 23, 2016, the Court had entered an order directing the U.S.
Trustee to appoint a Trustee.

Erosol, LLC, sought Chapter 11 protection (Bankr. N.D. Ga. Case No.
16-57405) on April 28, 2016.  The Debtor estimated less than
$50,000 in assets and debt.  The Debtor tapped Leonard R. Medley
III, Esq., at Medley & Associates, LLC, as counsel.


EUROTECH CABINETS: Case Summary & 13 Unsecured Creditors
--------------------------------------------------------
Debtor: Eurotech Cabinets, Inc.
        701 Del Norte Blvd., Suite 335
        Oxnard, CA 93030

Case No.: 16-11257

Chapter 11 Petition Date: July 3, 2016

Court: United States Bankruptcy Court
       Central District of California (Santa Barbara)

Judge: Hon. Peter Carroll

Debtor's Counsel: John D Faucher, Esq.
                  FAUCHER & ASSOCIATES
                  5743 Corsa Ave, Ste 116
                  Westlake Village, CA 91362
                  Tel: 818-889-8080
                  Fax: 805-367-4154
                  Email: jdf@johndfaucher.com

Total Assets: $115,217

Total Liabilities: $1.78 million

The petition was signed by Michael Leach, president.

A copy of the Debtor's list of 20 largest unsecured creditors --
containing 13 entries -- is available for free at
http://bankrupt.com/misc/cacb16-11257.pdf


FARR ENTERPRISES: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: Farr Enterprises, Inc.
          dba Mountain Harbour Marina
        P.O. Box 276
        Nebo, NC 28761

Case No.: 16-40291

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       Western District of North Carolina (Shelby)

Judge: Hon. Craig J. Whitley

Debtor's Counsel: Edward C. Hay, Jr., Esq.
                  PITTS, HAY & HUGENSCHMIDT, P.A.
                  137 Biltmore Avenue
                  Asheville, NC 28801
                  Tel: (828) 255-8085
                  Fax: 828.251.2760
                  E-mail: ehay@phhlawfirm.com
                          firm@phhlawfirm.com

Total Assets: $2.11 million

Total Liabilities: $1.19 million

The petition was signed by Laura Aulgur, president.

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


FINTON CONSTRUCTION: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Finton Construction, Inc.
        19701 E Country Club Drive, Apt #506
        Aventura, FL 33180

Case No.: 16-19221

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Laurel M Isicoff

Debtor's Counsel: David L. Merrill, Esq.
                  MERRILL PA
                  525 S Flagler Drive, 5th Floor
                  West Palm Beach, FL 33401
                  Tel: (561) 877-1111
                  E-mail: dlmerrill@merrillpa.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by John Finton, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb16-19221.pdf


FIRST QUANTUM: Moody's Raises Corporate Family Rating to B3
-----------------------------------------------------------
Moody's Investors Service upgraded the corporate family rating
(CFR) and the probability of default rating (PDR) of First Quantum
Minerals Ltd (FQM) to B3 and B3-PD from Caa1 and Caa1-PD,
respectively. At the same time, Moody's has upgraded the ratings on
all of the senior unsecured notes issued by FQM to Caa1 from Caa2.
The outlook on all ratings remains negative.

"The upgrade of FQM's CFR to B3 is primarily driven by the
improvement in the liquidity position of the company, backed by
execution of $712m asset disposal and signing of $1.8 billion
re-financing package that includes a more accommodative schedule of
financial covenants" says Elena Nadtotchi, Vice President - Senior
Credit Officer and Moody's lead analyst for FQM. "The negative
outlook on the B3 ratings mirrors the negative outlook on Moody's
B3 sovereign rating of Zambia, which will remain the largest
operating exposure for FQM by earnings and FFO generation, pending
the completion of its green field project in Panama".

RATINGS RATIONALE

FQM's B3 corporate family rating is materially underpinned by the
expectation that the company will execute its plan to increase
production volumes by around 25% in 2016 and further in 2017 and
deliver growth in EBITDA.

Moody’s said, “we will closely monitor the production ramp up
rate at the new Sentinel mine, that is expected to deliver the
majority of growth in production and earnings the next 12-18
months, with the focus on the sufficiency of the energy supplied to
both Kansanshi and Sentinel mines in Zambia. The country continues
to face challenges in meeting electricity demands as a severe
drought is adversely impacting hydroelectric power generation. We
understand that FQM has sufficient electricity supply in Zambia to
meet its needs in 2016.

“Taking into account current 2016 production guidance for copper
of 515-535 k tonnes, Moody's stable copper price assumptions of
$2.15/lb, as well as existing hedging arrangements and the
announced reduction in Zambian royalty rates, we expect the company
to increase its adjusted EBITDA to around $950 million and its
leverage to decline to below 6x at the end of 2016, compared to
8.5x debt/EBITDA at the end of 2015.

“With gross debt currently standing at around 1x of FQM's market
cap, we continue to see the company's capital structure as highly
levered. FQM's Cobre Panama greenfield project will continue to
weigh on the company's free cash flow generation. On our copper
price assumptions, we expect FQM to generate negative FCF in the
next 12-18 months because of the large CAPEX in 2016/2018. This
investment programme will restrict FQM's ability to significantly
reduce debt in the next two years. The pace of the deleveraging in
2016/2017 will therefore depend on FQM's ability to deliver
production growth in Zambia, while continuing to keep Cobre Panama
project costs and financial risks under control.”

Finally, FQM's credit profile is constrained by the high metal and
operational concentration, with material production exposure to
Zambia. The deleveraging profile in particular is underpinned by
the assumptions of a steady performance at Kansanshi mine and a
timely production ramping up at Sentinel mine in the country. The
credit profile, however, also benefits from the significant scale
of production at these high-quality, low-cost copper mines and
improved and low cost position of the group in 2016. Moody's
expects FQM's cash costs to be close to the lower end of its 2016
guidance of $1.1-$1.25/lb for copper. The company also has a strong
track record of finding buyers for its production.

LIQUIDITY POSITION

FQM has recently put in place $1.8 billion bank refinancing
facilities, that together with the $712 million in proceeds from
asset disposal and cash advances under the streaming agreements
will support its investment funding needs in the next 12-18
months.

The refinancing has also improved the financial flexibility of the
group, as the new facilities include a more accommodative schedule
of financial covenants.

RATIONALE FOR THE NEGATIVE OUTLOOK

Moody’s said, “the negative outlook mirrors the negative
outlook assigned to the sovereign rating of Zambia (rated B3
negative). This reflects the material production exposure and
concentration risk that FQM has to Zambia through its mines in the
country. We note the company's heavy reliance on mining operations
in the country and the strong link between its operating
performance and government policy. FQM's two Zambian mines,
Kansanshi and Sentinel, are expected to generate around 65-75% of
total earnings until the Cobre Panama mine in Panama (Baa2 stable)
reaches full production in 2018.”

WHAT COULD CHANGE THE RATING -- UP/DOWN

FQM's rating could be downgraded if its liquidity position weakens
and deleveraging trend reverses, with debt/EBITDA remaining above
6.0x. Significant delays or cost overrun on Cobre Panama project
may also lead to the downgrade of the rating. The rating may also
be downgraded in the event of the downgrade of the sovereign rating
of Zambia.

An upgrade to FQM's ratings will be subject to further
strengthening of the financial and operational profile, reflected
in sustained positive FCF generation, reduced leverage, with
debt/EBITDA below 4.5x, and strong execution and de-risking of
Cobre-Panama project. Sustained strong liquidity position will be
required for the upgrade of the ratings.

First Quantum Minerals Ltd (FQM), headquartered in Canada and
listed on the Toronto Stock Exchange, is a medium size mining
company with a large operation in Zambia (B3 negative), which
represents the large part of the company's earnings. In Zambia, FQM
manages Kansanshi, a large and low-cost copper and gold deposit, as
well as Sentinel a new low cost mine with production ramping up in
2016/2017. FQM also operates a small copper and gold mine in
Mauritania (unrated), a nickel mine in Australia (Aaa stable), a
copper mine in Spain (Baa2 stable) and another one in Turkey (Baa3
negative). FQM has an 80% interest in Cobre Panama, one of the
world's largest copper deposits, in Panama (Baa2 stable). In 2015,
FQM generated revenues of around $2.7 billion ($3.5 billion in
2014) and adjusted EBITDA of around $0.6 billion ($1.5 billion in
2014).


FORT DRILLING: Proposes Oct. 21 as Claims Bar Date
--------------------------------------------------
Fort Drilling, LLC, on June 29, 2016, filed with the U.S.
Bankruptcy Court for the District of Colorado a motion to establish
Oct. 21, 2016, as the deadline for the filing of proofs of claim.

The meeting of creditors is scheduled to be held on July 11, 2016,
at 12:30 p.m.

To assist the U.S. Trustee, the Court and the Debtor in the
administration of the case, the Debtor believes it is necessary to
set a claims bar date.

                       About Fort Drilling

Fort Drilling, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 16-15466) on May 31,
2016.  The Debtor tapped Goff & Goff, LLC as its legal counsel.


FRAC SPECIALISTS: UCC Says Ch. 11 Trustee Needed for Liquidation
----------------------------------------------------------------
The Official Unsecured Creditors' Committee for Frac Specialists,
LLC, et al., filed a motion on June 28, 2019, and an amended motion
on June 29, for the appointment of a Chapter 11 trustee in the
Debtors' Chapter 11 cases.

"As the Committee has said in open court several times, as well as
in pleadings, the CRO has done excellent work to stabilize the
Debtors' operations, reduce unnecessary costs and attempt to
maximize the value of the Debtors.  The Committee believes the CRO
has gone above and beyond in managing the Debtors and their
bankruptcy estates.  The United States Trustee has recently moved
for the appointment of a chapter 11 trustee on the basis that the
CRO has conflicting interests.  The Committee could not disagree
more.  As counsel for the Committee has discussed with the UST, it
is not uncommon for an estate fiduciary to wear several hats.  The
potential for there to be an appearance of any self-dealing is a
far cry from anything approaching any nefarious activity in these
cases.  The Committee believes all parties have been transparent in
these cases and have gone out of their way to maintain a fair
bidding process. In these cases, the CRO and Debtors' counsel have
fulfilled their duties to these bankruptcy estates. There is simply
no merit to the UST's allegations," Aaron M. Kaufman, Esq., at
Dykema Cox Smith, explains.

"Nevertheless, a chapter 11 trustee is now warranted. Mr.
Grossman's role in these cases was to stabilize the Debtors'
operations and determine if reorganization was feasible.  His
engagement expressly excludes liquidation, and liquidation is
likely beyond Mr. Grossman's expertise.  While the Committee
appreciates Mr. Grossman's services and has nothing but the utmost
respect for all he has done to bring value to the bankruptcy
estates, the Committee now believes that the estates' focus should
be toward a plan of liquidation.  Because the CRO's role does not
include liquidation, and the estates would benefit from someone
with expertise in liquidating the Debtors' assets and/or businesses
in an orderly fashion, the Committee believes appointment of a
chapter 11 trustee is in the best interest of the estates."

                         Grossman as CRO

On Feb. 3, 2016, the Committee filed its initial motion to appoint
a chapter 11 trustee (the "Original Motion"), but has abated the
Original Motion in light of the Debtors' agreement to employ Cary
Grossman of Shoreline Capital as the Debtors' chief restructuring
officer ("CRO"). The CRO's Role Was Limited.

Shortly after the Committee filed the Original Motion, the
Committee filed a joint motion with the Debtor to employ Mr.
Grossman as CRO.  The parties discussed Mr. Grossman's retention
with the UST, and, following a hearing, the Court approved Mr.
Grossman's retention without objection on February 17, 2016.5 Mr.
Grossman's retention has been extended several times, all without
objection from the UST.

Mr. Grossman's engagement agreement with the Debtors made clear
that he was being retained to reduce costs and find a viable
alternative for the Debtors' reorganization.  Paragraph 1(b)(iv) of
his engagement agreement specifically provides that "nothing herein
shall be deemed to authorize the CRO to initiate any receivership,
plan of liquidation, Chapter 11 proceeding under the Bankruptcy
Code or similar proceeding without the prior consent or approval of
the Board of Directors . . . ."  The Committee believes that
orderly liquidation of businesses goes beyond Mr. Grossman's
expertise, and most certainly lies beyond the scope of what Mr.
Grossman was retained to do.

                        Sale or Liquidation

Now that Mr. Grossman has stabilized the Debtors' operations, the
Debtors have been marketed for sale, either as a going concern or
as a liquidation.  Thus far, only one bid has been offered by Mr.
Grossman.  Mr. Grossman has proposed to acquire the Debtors, in
part, under a reorganization plan that would pay creditors over
time.  The proposal purports to offer creditors a greater aggregate
recovery than Mr. Grossman believes creditors would receive in a
liquidation.  No competing bids have been made to the Debtors
through their investment advisor, SSG, to date.  While the bid
procedures allow for bids to be made through July 15, 2016, it does
not appear from the communications received to date that there will
be any serious "going concern" offers.

Mr. Grossman's bid may be the highest and best "going concern"
offer available to the estates, and the Committee invites him to
continue his efforts to maximize value for the estates.
Unfortunately, the Committee does not believe that the current
proposal is likely to gain the necessary support from creditors to
achieve confirmation.  Thus, it is in the best interest of the
estates to pivot toward liquidation -- which is beyond the scope of
Mr. Grossman's role as CRO.

Accordingly, the Committee believes a chapter 11 trustee can take
over the Debtors' businesses and guide them toward a plan, which
can incorporate a bid made under the current bid procedures, or
establish a liquidating trust or entity to allow the Debtors'
business or assets to be sold under a plan.

Counsel to the Official Unsecured Creditors' Committee:

         Mark E. Andrews
         Aaron M. Kaufman
         DYKEMA COX SMITH
         1717 Main Street, Suite 4200
         Dallas, TX 75201
         Tel: (214) 698-7800
         Fax: (214) 698-7899
         E-mail: mandrews@dykema.com
                 akaufman@dykema.com

                      About Frac Specialists

Frac Specialists, LLC, Cement Specialists, LLC, and Acid
Specialists, LLC, are oilfield service providers serving the
exploration and production industry within the Permian Basin.
Noble Natural Resources, LLC, Javier Urias and Alex Hinojos
collectively own 100% of the membership interests in the
Companies.

The Companies sought Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Lead Case No. 15-41974), on May 17, 2015.  Larry P. Noble
signed the petitions as manager.  

On May 27, 2015, the Court directed the joint administration of
the
cases.  The Debtors disclosed $61,675,313 in assets and
$57,982,488
in liabilities.

Judge Michael Lynn presides over the cases.  The Debtors tapped
Lynda L. Lankford, Esq., and Jeff P. Prostok, Esq., at Forshey &
Prostok, LLP, as their counsel.  The Debtors hired CBRE, Inc., as
their real estate appraiser.

The U.S. Trustee appointed five creditors to serve on an official
committee of unsecured creditors.  The Committee is represented by
Mark E. Andrews, Esq., and Aaron M. Kaufman, Esq., at Dykema Cox
Smith.


FUNCTION(X) INC: Signs $1.2 Million Loan Agreement with Sillerman
-----------------------------------------------------------------
Sillerman Investment Company VI, an affiliate of Robert F.X.
Sillerman, the executive chairman and chief executive officer of
Function(x) Inc. entered into a secured revolving loan agreement
with the Company and its subsidiaries, wetpaint.com, Inc. and
Choose Digital Inc., pursuant to which the Company can borrow up to
$1,200,000.  The Secured Revolving Loan bears interest at the rate
of 12% per annum.  The Secured Revolving Loan matures on
Dec. 31, 2016, barring any events of default or a change of control
of the Company.

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

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

The Company borrowed $300,000 under the RI Convertible Note.

               $300,000 Convertible Promissory Note

On June 27, 2016, the Company's Board approved the Company entering
into a Convertible Promissory Note with Reaz Islam, an advisor to
Robert F.X. Sillerman, the Company's executive chairman and chief
executive officer, pursuant to which RI loaned Fn(x) $300,000.  The
RI Convertible Note bears interest at a rate of 12% and matures on
Dec. 31, 2016.  RI will have the right to convert the RI
Convertible Note into shares of the common stock of the Company at
such time, on such terms, and in accordance with such procedures as
Sillerman will have the right to convert debt held by Sillerman
into shares of the Company's common stock.  The RI Convertible Note
is subordinate to any note held by Sillerman and RI has agreed to
execute any agreement reasonably required in connection therewith.

The Company intends to use the proceeds from the RI Convertible
Note to fund working capital requirements and for general corporate
purposes.

The Company borrowed $135,000 under the Secured Revolving Loan.

                           Other Events

As reported on the Company's Current Report on Form 8-K filed on
May 20, 2016, on May 16, 2016, the Company entered into a Secured
Revolving Loan with SIC VI.  The Company borrowed an additional
$145,000 under the May 16 Secured Revolving Loan.  A total of
$500,000 has been advanced under the May 16 Secured Revolving
Loan.

On June 29, 2016, the Company held a shareholders' meeting for the
purpose of (i) updating the stockholders on the status of the
Company; (ii) answering any questions that Company stockholders may
have, and (iii) conducting such other business as may properly come
before the board.  No other business was brought before the board
and no voting was conducted at the meeting.

                       About  Function(x)Inc.

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

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

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


GAMALIER GONZALEZ: Taps Heriberto Acevedo as Accountant
-------------------------------------------------------
Gamalier Gonzalez Trucking Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Puerto Rico to hire an
accountant.

The Debtor proposes to hire Heriberto Reguero Acevedo to provide
these services in connection with its Chapter 11 case:

     (a) supervise the Debtor's accounting affairs and operations;

     (b) prepare and review the Debtor's monthly operating reports

         and other accounting reports necessary for the
         administration of its estate;

     (c) prepare and review income tax and property tax return;
         and

     (d) prepare the projection and all other analysis required
         for the proposal and confirmation of a Chapter 11 plan.

Mr. Acevedo will be paid $150 per hour while his support staff will
be paid $25 per hour.

In a court filing, Mr. Acevedo disclosed that he is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Mr. Acevedo's contact information is:

     Heriberto Reguero Acevedo
     150 Borinquen Ave Base Ramey
     Aguadilla P.R. 00603
     Phone: 787-890-3980
     Email: heribereg@aol.com

The Debtor can be reached through its counsel:

     Jaime Rodriguez-Perez, Esq.
     Jaime Rodriguez Law Office, PSC
     Urb. Rexville, Calle 38 BB 21
     Bayamon, PR 00957
     Tel: (787)797-4174
     Fax: (787)730-5454
     Email: bayamonlawoffice@yahoo.com

                    About Gamalier Gonzalez

Gamalier Gonzalez Trucking Inc. sought protection under Chapter 11

of the Bankruptcy Code (Bankr. D.P.R. Case No. 16-04601) on June 8,
2016.


GAMALIER GONZALEZ: Taps Jaime Rodriguez as Legal Counsel
--------------------------------------------------------
Gamalier Gonzalez Trucking Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Puerto Rico to hire Jaime
Rodriguez Law Office, PSC as its legal counsel.

Gamalier tapped the firm to give legal advice with respect to its
powers and duties as a debtor-in-possession in the continued
operation of its business and management of its property; prepare
legal papers on its behalf; and provide other necessary services.

The firm's professionals and their hourly rates are:

     Jaime Rodriguez-Perez, Esq.   $200
     Paralegals                     $50
     Law clerks                     $50

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

The firm can be reached through:

     Jaime Rodriguez-Perez
     Jaime Rodriguez Law Office, PSC
     Urb. Rexville, BB-21 Calle 38
     Bayamo, Puerto Rico, 00938
     Phone: (787) 797-4174, 638-9704
     Email: jaime_rodriguez_perez@yahoo.com
            jrlawoffice@gmail.com
  
                      About Gamalier Gonzalez

Gamalier Gonzalez Trucking Inc. sought protection under Chapter 11

of the Bankruptcy Code (Bankr. D.P.R. Case No. 16-04601) on June 8,
2016.


GAWKER MEDIA: Schedules Filing Deadline Extended to July 14
-----------------------------------------------------------
The Hon. Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York granted Gawker Media LLC and its
debtor-affiliates, an extension of 20 days, through and including
July 14, 2016, to file their Schedules and Statements.

                About Gawker Media

Founded in 2002 by Nick Denton, Gawker Media is privately held
online media company operating seven distinct media brands with
corresponding websites under the names Gawker, Deadspin,
Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel.  The Company's
various Websites cover, among other things, news and commentary on
current events, politics, pop culture, sports, cars, fashion,
productivity, technology and video games.

Gawker sought bankruptcy protection after being ordered to pay
$140.1 million in connection with an invasion of privacy lawsuit
arising from publication of a report and commentary and
accompanying sex video involving Terry Gene Bollea.

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.  

Houlihan Lokey was retained by the Debtors on May 16, 2016, to
explore the possibility of a sale of all or substantially all of
the Debtors' assets, with the goal of maximizing return to the
Debtors' estates in the event of a possible chapter 11 filing.

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


GOODRICH PETROLEUM: Receives Approval to Sell Assets
----------------------------------------------------
Stephanie Gleason, writing for Daily Bankruptcy Review, reported
that Goodrich Petroleum Corp. received a bankruptcy judge's
approval to go forward with a proposed asset sale on July 1,
switching the direction of the oil and gas producer's chapter 11
case away from the debt-for-equity swap it negotiated with
bondholders before filing for bankruptcy.

According to the report, Judge Marvin Isgur of the U.S. Bankruptcy
Court in Houston signed off on the request on July 1 during a brief
hearing, delaying for a sale hearing two objections regarding
whether certain creditors' claims will be part of an asset sale. An
objection from the committee of unsecured creditors was resolved
prior to the hearing.

               About Goodrich

Goodrich Petroleum Corporation is an independent oil and natural
gas company engaged in the exploration, development and production
of oil and natural gas on properties primarily in (i) Southwest
Mississippi and Southeast Louisiana, which includes the Tuscaloosa
Marine Shale Trend, (ii) Northwest Louisiana and East Texas, which
includes the Haynesville Shale, and (iii) South Texas, which
includes the Eagle Ford Shale Trend.

Goodrich Petroleum and its subsidiary Goodrich Petroleum Company,
L.L.C. filed voluntary petitions on April 15, 2016, in the United
States Bankruptcy Court for Southern District of Texas to pursue a
pre-packaged Chapter 11 plan of reorganization. The Debtors have
filed a motion with the Court seeking joint administration of the
Chapter 11 Cases under the caption In re Goodrich Petroleum
Corporation, et. al (Case No. 16-31975).

Goodrich estimated $50 million to $100 million in assets and $500
million to $1 billion in liabilities.  The petition was signed by
Robert C. Turnham, Jr., president and chief operating officer.
Bankruptcy Judge Marvin Isgur presides over the case.

Bradley Roland Foxman, Esq., Garrick Chase Smith, Esq., Harry A.
Perrin, Esq., David S. Meyer, Esq., and Lauren R. Kanzer, Esq., at
Vinson & Elkins LLP, serve as the Debtors' counsel. Lazard Freres
&
Co. LLC, serves as the Debtors' investment banker while BMC Group,
Inc., serves as notice, claims and balloting agent.

The Office of the U.S. Trustee on April 27 appointed six creditors
of Goodrich Petroleum Corporation to serve on the official
committee of unsecured creditors.  The Committee retained Akin
Gump
Strauss Hauer & Feld LLP as counsel.


HEATHER MARIE BARTLETT: Proofs of Claim Due Aug. 31
---------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
has set a deadline of Aug. 31, 2016, for creditors to file proofs
of claim against the estate of debtor Heather Marie Bartlett.

For claims arising from rejection of executory contracts or
unexpired leases pursuant to 11 U.S.C. Sec. 365, the last day to
file a proofs of claim is the later of 30 days after entry of the
order authorizing the rejection, and Aug. 31, 2016.

For claims of governmental units, proofs of claim are due on the
later of (a) 180 days after the date if the order for relief in the
case, or (b) by Aug. 31, 2016.

For claims arising from the avoidance of a transfer under Chapter 5
of the Bankruptcy Code, the last day to file a proof of claims is
the later of (a) 30 days after entry of the judgment avoiding the
transfer, or (b) Aug. 31, 2016.

A creditor listed on the Schedules of Assets and Liabilities with
claims or interests not scheduled as disputed, contingent,
unliquidated or unknown, the claim or interest is demed filed in
the amount set forth in the schedules, and the filing of a proof of
claim or interest is unnecessary if the creditor agrees that the
amount scheduled is correct and that the category in which the
claim or interest is scheduled is correct.

Heather Marie Bartlett, also known as Heather Marie Willems, doing
business as Distribution for Young Living, sought Chapter 11
protection (Bankr. C.D. Cal. Case No. 16-10524) on Feb. 10, 2016.

The Debtor's counsel:

         Andrew S Bisom, Esq.
         THE BISOM LAW GROUP
         300 Spectrum Center Drive, Ste. 1170
         Irvine, CA 92618
         Tel: (714) 643-8900
         Fax: (714) 643-8901
         E-mail: abisom@bisomlaw.com


HERCULES OFFSHORE: Court Sets July 12 as Limited Claims Bar Date
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware granted the
request of Hercules Offshore, Inc., et al., to establish deadlines
by which proofs of claim based on prepetition debts or liabilities
against any of the Debtors must be filed.

The Court set July 12, 2016, at 5:00 p.m. (Eastern Time) as the
Limited Bar Date.

The U.S. Bankruptcy Court also approved the Debtors' proposed Proof
of Claim Form, Bar Date Notice and Publication Notice, and notice
and publication procedures.

                      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.


HERTZ CORP: DBRS Confirms BB(low) Issuer Rating
-----------------------------------------------
DBRS confirmed the ratings of HERTZ CORPORATION, including its
Issuer Rating of BB (low). The trend on all ratings is Stable. The
rating action follows the Company’s separation from its global
equipment rental business, now called HERC Holdings, Inc. (HERC
Holdings).

The rating action is consistent with DBRS' view as previously
stated that completion of the separation of the global car rental
business from the global equipment business has no material impact
on Hertz’s strong franchise and leading global market position in
the daily vehicle rental market, which are key factors underpinning
the ratings. Indeed, there is little market overlap or cross
selling opportunities between the businesses. DBRS sees the
separation as providing improved focus and execution on the
strategic objectives and operational performance of each business,
as well as enhancing each business’ financial flexibility,
including the elimination of internal competition for capital.

Although DBRS did view Hertz as benefiting from the revenue and
earnings diversification provided by the global equipment rental
business, this benefit did not provide material lift to the
ratings. Specifically, for 2015, the global equipment rental
business accounted for 14% of total revenues, and a Company
calculated 18% contribution to adjusted pre-tax income, prior to
general corporate expense, certain interest expense, and other
business activities. DBRS notes that the global equipment rental
business had a higher level of asset risk, given that it serves
certain more volatile industries, including oil and gas. Overall,
DBRS sees Hertz as being able to manage the loss in earnings
contribution from the equipment rental business, especially given
the Company’s success in broadening its revenue base to be less
reliant on U.S. corporate travel volumes.

Following the spin-off, the global equipment rental business will
transfer to Hertz and its subsidiaries approximately $2.0 billion
of consideration. Moreover, Hertz’s ultimate parent, Hertz Global
Holdings, Inc. (or a subsidiary thereof), formerly known as Hertz
Rental Car Holding Company, Inc. and Herc Holdings Inc. (or a
subsidiary thereof), formerly known as Hertz Global Holdings, Inc.
will enter into a number of agreements, including a separation and
distribution agreement, a tax matters agreement, and an employee
matters agreement.

RATINGS DRIVERS

Over the medium-term, sustained improvement in financial results
underpinned by revenue growth, and improved operating and fleet
efficiency could have positive rating implications. Conversely,
ratings could come under pressure should the Company be unable to
execute management's strategic initiatives to improve results
evidenced by weak profitability, low utilization rates, and erosion
of the Company’s market share. Further, any additional issues
related to the Company's internal controls, risk management or
corporate governance could lead to negative ratings pressure.




HERTZ FINANCING: Exchange Amendments No Impact on Moody's Ratings
-----------------------------------------------------------------
Moody's Investors Service, on June 30, 2016, announced that the
amendments to the Third Amended and Restated Master Exchange
Agreement and Third Amended and Restated Escrow Agreement, executed
June 30, 2016, would not, in and of themselves and as of this time,
result in the downgrade, the placement on review for possible
downgrade or withdrawal of the ratings currently assigned to any
outstanding notes issued by Hertz Vehicle Financing (HVF) or Hertz
Vehicle Financing II (HVF II, and collectively with HVF, the
issuers; unrated), wholly-owned subsidiaries of The Hertz
Corporation (Hertz; B1 positive).

The amendments allow Hertz to effect like-kind exchanges outside of
its GE credit facility, which has been paid off and terminated, and
add Hertz Car Sales LLC as a party to effect like-kind exchanges.
The GE credit facility was an asset-based revolving facility
providing fleet financing for Hertz's car rental operations in
Hawaii, Kansas, Puerto Rico and the U.S. Virgin Islands. In
assessing the potential impact on the ratings of the HVF and HVF II
notes, Moody's noted that the amendments do not alter any
provisions of the like-kind exchange program as they relate to the
ABS program.

Moody's has determined that the amendments, in and of themselves
and at this time, will not result in the downgrade, the placement
on review for possible downgrade or withdrawal of the ratings
currently assigned to the notes. However, Moody's opinion addresses
only the credit impact associated with the amendment, and Moody's
is not expressing any opinion as to whether the amendments have, or
could have, other non-credit related effects that may have a
detrimental impact on the interests of note holders and/or
counterparties.


HORSEHEAD HOLDING: Key Employee Retention Plan Approved
-------------------------------------------------------
U.S. Bankruptcy Judge Christopher S. Sontchi has approved the key
employee retention plan for certain non-insider employees of
Horsehead Holding Corp.  The total maximum award pool to be paid to
KERP participants will be $652,000.  The Debtors are authorized to
pay the KERP participants in two installments: 50% to be paid on
the Effective Date of the Plan and 50% to be paid on Dec. 31,
2016.

                    About Horsehead Holding Corp.

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

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

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

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

Andrew Vara, acting U.S. trustee for Region 3, appointed seven
creditors of Horsehead Holding Corp. to serve on the official
committee of unsecured creditors. Lowenstein Sandler LLP serves as
counsel to the Committee, while Drinker Biddle & Reath LLP serves
as co-counsel. The Unsecured Creditors Committee is represented by
Kenneth A. Rosen, Esq., Bruce Buechler, Esq., and Philip J. Gross,
Esq., at Lowenstein Sandler LLP.

The U.S. Trustee's office appointed Aquamarine Capital and six
others to serve on Horsehead Holding Corp.'s committee of equity
security holders.


ICAGEN INC: Acquires Sanofi's Oro Arizona Research Facility
-----------------------------------------------------------
Icagen, Inc., has announced a definitive agreement to acquire
Sanofi's ultra high-throughput biology, screening and chemistry
capabilities and research facility in Oro Valley, Arizona (located
near Tucson Arizona), to collaborate in a multi-year services
contract for long term discovery services.  Icagen will retain the
majority of the talented scientists working at the Tucson site in
the transition.  The transaction is expected to close in the near
future.  The value of the deal was not disclosed.

As part of its growth plans, the deal will enable Icagen to enhance
its current expertise as a specialized pharmaceutical services
company with leading capabilities in ion channels and transporters.
"The acquisition of the Sanofi's west coast ultra high throughput
screening Biology and Chemistry capabilities complements our
scientific expertise enabling us to offer a broad range of
integrated drug discovery services in a growing market," says
Icagen President and CEO, Richard Cunningham.

"Pharmaceutical and biotech companies continue to look for
efficiency improvements and expertise in the drug development
process and are increasingly relying on outsource providers,"
continued Cunningham.  "The Sanofi team and operations is a great
resource to enable our customers to advance their early drug
discovery programs by bringing together the outstanding expertise
of Icagen scientists with the unmatched portfolio of ion channel
cell lines and assay technologies that we offer."  As part of the
agreement, Icagen will manage an extensive Sanofi compound library,
making it accessible, under specific conditions, to a broader
number of partners and increasing the potential for drug
discovery.

"The scientists at the Oro Valley site bring a high level of
proficiency in synthetic and computational chemistry, and
additional capabilities for rare disease biology and phenotypic
screening," commented Douglas Krafte, chief scientific officer at
Icagen.  "This is a talented and dedicated team with an
entrepreneurial mindset, and many successful drug discovery
programs to their credit."

The Oro Valley HTS and Compound Management Center has roots as a
University of Arizona start-up.  The facility has been operational
since 1990, and has built a large novel proprietary collection of
drug like compounds over the decades.  The facility was originally
privately acquired by MMD in 1995.

Specifically, services at the site include, Discovery Biology,
Chemistry and, Compound Management and Computational Chemistry. The
site will also provide capacity in Cell Models, Human Biomarkers,
Muscle Biology Expertise and Stem Cells-based assays. The facility
will also feature High Volume Biology with a flexible Robotic
Infrastructure capable of performing HTS in Ultra High 1536
format.

It is intended that Icagen-T and Sanofi enter into a Master
Services Agreement and a Library Service Agreement at closing of
the transactions, the execution of which is a condition to the
closing of the asset acquisition under the Asset Purchase
Agreement.  The MSA contains terms requiring that Icagen-T perform
certain contract research for Sanofi, including, but not limited
to, compound testing services.  Pursuant to the terms of the MSA,
it is intended that Sanofi will make payments to Icagen-T in
consideration of Icagen-T's provision of expected services
(including maintenance of the chemical libraries) in the aggregate
amount of $32 million over the next five years of which:

    (i) $16.5 million is expected to be paid in year 1 with $11.9
        million paid at closing;

   (ii) $9.5 million is expected to be paid in year 2;

  (iii) $3 million is expected to be paid in year 3;

   (iv) $2 million is expected to be paid in year 4; and

    (v) $1 million is expected to be paid in year 5.

The Subsidy Payments are to be credited against all direct service
costs for which Icagen-T performs services, and in the event the
Subsidy Payments exceed the direct service costs, a maximum
aggregate credit of $2 million will be carried forward to
subsequent years during the term of the MSA.  In addition, pursuant
to the Library Agreement, Icagen-T will also be required to
maintain the chemical libraries located in the Facility.  The
Chemical Library will continue to be owned by Sanofi.

Upon closing of the Asset Purchase Agreement, Icagen-T will execute
a Deed of Trust providing Sanofi with a five year, $5 million lien
on the Facility, securing performance of Icagen-T's obligations
under the MSA and the Asset Purchase Agreement.  The lien is
subject to termination upon the payment by Icagen-T of $5 million
to Sanofi.  The parties have also agreed to a Special Warranty Deed
With a Right of Reverter which will revest in Sanofi all rights in
the Facility in the event that Icagen-T sells the Facility at any
time within the next five years and upon certain other events
related to the leasing of space at the Facility.  The reverter will
terminate after five years as well as upon payment of the $5
million to extinguish the lien.

A full-text copy of the Purchase Agreement is available at:

                   https://is.gd/lILWcb

                        About Icagen

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

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

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

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company has incurred recurring operating
losses, which has resulted in an accumulated deficit of
approximately $22.143 million at Dec. 31, 2015.  These conditions
among others raise substantial doubt about the Company's ability to
continue as a going concern.


IHEARTMEDIA INC: Mulls Ending Debt Talks with Franklin-Led Group
----------------------------------------------------------------
Jodi Xu Klein, writing for Bloomberg News, reported that
IHeartMedia Inc. said it may break off negotiations on
restructuring some of its $21 billion of debt after failing to
reach an agreement with some of its creditors.

According to the report, the biggest owner of radio stations in the
U.S., formerly known as Clear Channel Communications Inc., is
assessing whether it will continue discussions "given the
significant gap between the proposals," the company said in a
statement.

Franklin Resources Inc.'s subsidiary Franklin Advisers Inc. is the
biggest holder of iHeart's $6.3 billion of term loans and has been
leading the discussions, the report said, citing a person with
knowledge of the matter, who asked not to be identified because the
talks are private.  The group of holders in May lost the suit
against iHeart, claiming the company was in default due to a $100
million of stock transfer between subsidiaries, the report
related.

IHeart has been looking to push out maturities on its debt and
reduce its interest expense, people familiar with the matter said
in March, the report related, but no agreement has been reached and
there's no guarantee that it will get done, the company said in the
filings.

Failure to strike a deal will add to iHeartMedia's difficulties in
restructuring its debt load, of which about $10 billion is coming
due in the next three years, the Bloomberg report pointed out.
Much of these obligations were accumulated as part of a leveraged
buyout by Bain Capital LLC and Thomas H. Lee Partners in 2008, the
report noted.

The creditor group is advised by PJT Partners Inc. and law firm
Jones Day, while the company is represented by Millstein & Co. and
Moelis.

                    About iHeartCommunications

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

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

                       Bankruptcy Warning

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

                            *    *    *

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


IMAGINE! PRINT: Planned $50MM Loan Upsize No Impact on Moody's CFR
------------------------------------------------------------------
Moody's Investors Service said Imagine! Print Solution LLC's B2
Corporate Family Rating, B2-PD Probability of Default Ratings, debt
instrument ratings and stable rating outlook remain unchanged
following the company's announcement that it plans to upsize its
first lien term loan by $50 million to finance the acquisition of
Midnight Oil Agency, Inc.

Imagine! Print Solutions, LLC, headquartered Minneapolis, MN, is a
leading provider of in-store and brand-based marketing solutions.
Following the 2016 LBO transaction, the company is majority owned
by certain affiliates of private equity firm Oak Hill Capital
Partners.  Pro forma revenues for the 12 months ended March 30,
2016 (including Midnight Oil) totaled approximately $400 million.



INDEPENDENCE TAX IV: Posts $6.7-Mil. Net Income for Fiscal 2016
---------------------------------------------------------------
Independence Tax Credit Plus L.P. IV filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing net
income attributable to the Partnership of $6.68 million on $1.70
million of total revenues for the year ended March 31, 2016,
compared to net income attributable to the Partnership of $10.8
million on $1.68 million of total revenues for the year ended March
31, 2015.

As of March 31, 2016, the Partnership had $1.85 million in total
assets, $5.90 million in total liabilities, and a $4.05 million
total partners' deficit.

At March 31, 2016, the Partnership's liabilities exceeded assets by
approximately $4.05 million and for the year ended March 31, 2016,
the Partnership recognized net income of approximately $10.2
million, including gain on sale of properties of approximately
$10.6 million.  The Partnership said these factors raise
substantial doubt about its ability to continue as a going
concern.

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

                      https://is.gd/gampwy

                    About Independence Tax IV

Independence Tax Credit Plus L.P. IV is a limited partnership which
was formed under the laws of the State of Delaware on
Feb. 22, 1995.  The general partner of the Partnership is Related
Independence L.L.C., a Delaware limited liability company.
Centerline Holding Company was the ultimate parent of Centerline
Affordable Housing Advisors LLC, the sole member of the Manager of
the General Partner.  On June 12, 2013, Centerline and an affiliate
of Hunt Companies, Inc. entered into an agreement and plan of
merger.  On Nov. 14, 2013, the shareholders of Centerline approved
the acquisition of Centerline by an affiliate of Hunt. On April 15,
2015, Alden Torch Financial LLC, a newly formed limited liability
company, became the indirect owner of 100% of the equity interests
in Centerline.  Since April 15, 2015, ATF has been the ultimate
parent and indirect owner of 100% of the equity interest in CAHA.
Prior to April 15, 2015, Hunt had been the ultimate majority equity
owner of CAHA.


INTERVENTION ENERGY: Proposes Aug. 31 General Bar Date
------------------------------------------------------
Intervention Energy Holdings, LLC, et al., on June 29, 2016, filed
with the United States Bankruptcy Court for the District of
Delaware a motion seeking an order:

  (a) establishing Aug. 31, 2016 at 5:00 p.m. (ET) as the "General
Bar Date" and deadline for all persons or entities, other than
governmental units to file

       i. proofs of claim based on claims against any Debtor that
arose prior to the Petition Date, including a claim against any
Debtor for the value of goods sold to the Debtors in the ordinary
course of business and received by the Debtors within 20 days
before the Petition Date (a "503(b)(9) Claim"); and

      ii. proofs of interest asserting an equity interest in a
Debtor as of the Petition Date.

  (b) establishing Nov. 16, 2016, at 5:00 p.m. (ET) as the
"Governmental Bar Date" and deadline for all Governmental Units to
file Proofs of Claim against the Debtors based on claims against
any Debtor that arose prior to the Petition Date; and

  (c) establishing Aug. 31, 2016 at 5:00 p.m. (ET) as the
"Administrative Claims Bar Date" and deadline for all persons or
entities (except for the approved professionals retained in these
Chapter 11 cases) holding any right to payment constituting an
actual, necessary cost or expense of administering these cases or
preserving the estates under section 503(b) and 507(a)(2) of the
Bankruptcy Code (except for 503(b)(9) Claims) for the period from
the Petition Date through July 15, 2016, to file a proof of
Administrative Claim.

Proofs of Claim, Proofs of Interest, and Administrative Claim Forms
must be actually received by the Debtors' claims agent, Rust Omni,
on or before the applicable Bar Date, at the following address:

     Intervention Energy Holdings, LLC, et al. Claims Processing
     c/o Rust Consulting/Omni Bankruptcy
     5955 DeSoto Ave., Suite 100
     Woodland Hills, CA 91367

Proofs of Claim, Proofs of Interest and Administrative Claim Forms
submitted by facsimile or e-mail will not be accepted.

A hearing on the Motion is scheduled for July 26, 2016.

                    About Intervention Energy

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

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

The Debtor tapped DLA Piper LLP (US) as counsel, and Rust
Consulting/Omni Bankruptcy, as claims and noticing agent.


IRMA GOMEZ: Proposes Aug. 15 Claims Bar Date
--------------------------------------------
Irma Gomez on June 29, 2016, sought and obtained from the U.S.
Bankruptcy Court for the District of Massachusetts, Eastern
Division, an order establishing Aug. 15, 2016, as the date by which
all creditors required by Fed.R.Bankr.P. 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.  

Any individual or entity asserting a claim against the state must
file by Aug. 15, 2016, at 4:30 p.m., a proof of claim with:

         Clerk's Office
         U.S. Bankruptcy Court for District of Massachusetts
         John W. McCormack Post Office and Court House
         5 Post Office Suqare
         Boston MA

The Debtor believes that establishing a bar date will assist in the
efficient administrative of the debts of the bankruptcy estate.

Any claimant whose claims has been scheduled by the Debtor in the
Schedules filed on May 23, 2016, as being neither disputed,
contingent nor unliquidated need not file a claim unless such
claimant asserts its claim in an amount or priority different from
the amount or priority of the claim as scheduled by the Debtor.

Irma Gomez sought Chapter 11 protection (Bankr. D. Mass. Case No.
16-11694) 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


IRON BRIDGE TOOLS: Committee Taps Akerman as Legal Counsel
----------------------------------------------------------
The official committee of unsecured creditors of Iron Bridge Tools,
Inc. seeks approval from the U.S. Bankruptcy Court for the Southern
District of Florida to hire Akerman LLP as its legal counsel.

The firm will provide these legal services in connection with the
Debtor's Chapter 11 case:

     (a) assist the committee in its consultation with the
         Debtor relative to the administration of its case;

     (b) assist the committee in analyzing the Debtor's
         assets and liabilities and in reviewing any proposed
         asset sales or dispositions;

     (c) attend meetings and negotiate with the representatives of

         the Debtor, secured creditors and other parties;

     (d) assist the committee in its examination and analysis of
         the conduct of the Debtor's affairs;

     (e) assist the committee in the review, analysis and
         negotiation of any plan of reorganization;

     (f) assist the committee in the review, analysis and         

         negotiation of any financing or funding arrangements;

     (g) take all necessary action to protect and preserve the  
         interests of the committee, including prosecuting actions

         on its behalf; and

     (h) prepare legal papers; and appear before the bankruptcy
         court and other courts.

Eyal Berger and Catherine Douglas, the attorneys who will provide
the services, will be paid $400 per hour and $300 per hour,
respectively.  They will be assisted by other attorneys employed by
the firm whose hourly rates range from $275 to $525.

Meanwhile, the hourly rates of paraprofessionals range from $180 to
$275.

In a court filing, Eyal Berger, a partner at Akerman, disclosed
that the firm does not represent any interest adverse to the
committee.

The firm can be reached through:

     Eyal Berger, Esq.
     Akerman LLP
     Las Olas Centre II, Suite 1600
     350 East Las Olas Boulevard
     Fort Lauderdale, Florida 33301
     Tel: (954) 463-2700
     Fax: (954) 463-2224
     Email: eyal.berger@akerman.com

                   About Iron Bridge Tools

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

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

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


JOE JESSE MONGE: 5th Circ. Affirms Rojas, et al., Paid $12K Rent
----------------------------------------------------------------
The United States Court of Appeals for the Fifth Circuit affirmed
the district court's judgment in the appeals case captioned JOE
JESSE MONGE; ROSANA ELENA MONGE, Appellants, v. ALICIA ROJAS;
FRANCISCO JAVIER JAYME, Appellees in relation to bankruptcy case In
the Matter of: JOE JESSE MONGE; ROSANA ELENA MONGE, Debtors, No.
15-50180 (5th Cir.).

Joe and Rosana Monge appeal the district court's judgment that
adopted in part the bankruptcy court's proposed findings of fact
and conclusions of law.

This adversary matter arises out of the Monges' Chapter 11
bankruptcy proceeding. Aside from defunct corporations, the
remaining defendants are Alicia Rojas and her husband, Francisco
Jayme. Rojas is an attorney and licensed mortgage broker who, from
late 2005 through 2008, was a mortgage broker for the Monges. Jayme
is a licensed real estate agent who, during the same period, served
as a real estate agent for the Monges. The adversary proceeding
concerns mainly the sale and leasing of a house in New Mexico known
as the Thoroughbred Property.

The Monges object that the district court's reasoning rests on an
erroneous factual basis, but they have waived the argument. The
bankruptcy court proposed finding that Rojas and Jayme paid $12,568
in rent during the term of the lease agreement.  And the district
court adopted that proposed finding, to which the Monges never
objected in the district court.

A full-text copy of the Decision dated June 14, 2016 is available
at https://is.gd/bCJmaj from Leagle.com.


JOHN A. RITTER: Schedules of Assets and Liabilities Filed
---------------------------------------------------------
John A. Ritter filed with the U.S. Bankruptcy Court for the
District of Nevada his schedules of assets and liabilities, and
statement of financial affairs.

1. Schedule A/B: Property (Official Form 106A/B)

   1a. Total real estate, from Schedule A/B        $1,159,679.00

   1b. Total personal property, from Schedule /B   $2,259,841.63
                                                ----------------
   1c. Total of all property on Schedule A/B       $3,419,520.63

2. Schedule D: Creditors Who Have Claims Secured
   by Property (Official Form 106D)                $8,789,591.02

3. Schedule E/F: Creditors Who Have Unsecured
   Claims (Official Form 106E/F)                 $114,029,839.89
                                                ----------------
   Total liabilities                             $122,819,430.91

A copy of the Schedules is available at:

          http://bankrupt.com/misc/nvb16-10933-0123.pdf

                       About John A. Ritter

Certain alleged creditors of John A. Ritter, on February 29, 2016,
filed an involuntary bankruptcy petition against him under chapter
7 of the Bankruptcy Code.  Mr. Ritter opposed that petition.
However, following discussions with the petitioning creditors, he
agreed to entry of an order for relief against him under chapter
11
of the Bankruptcy Code.

Agave Properties, LLC, and its 11 affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Nev., Case No.
16-13338) on June 17, 2016.  The petition was signed by John A.
Ritter, manager.  The bankruptcy cases are jointly administered
under Mr. Ritter's Chapter 11 case, Case No. 16-10933.

The cases are assigned to Chief Judge Bruce T. Beesley.

The Debtors are represented by:

          Roberto Kampfner, Esq.
          Andrew Mackintosh, Esq.
          Aaron Colodny, Esq.
          White & Case LLP
          555 South Flower Street Suite 2700
          Los Angeles, CA 90071-2433
          Tel: 213.620.7700
          Fax: 213.452.2329

               - and -

          Samuel A. Schwartz, Esq.
          Brian A. Lindsey, Esq.
          Schwartz Flansburg PLLC
          6623 S. Las Vegas Boulevard Suite 300
          Las Vegas, NV 89119
          Tel: 702.830.4844

The Debtors tapped Phase Eleven Consultants LLC as claims agent.

Conway Mackenzie, Inc. assisted the Debtors in preparing the
bankruptcy petitions.

At the time of the filing, Agave Properties and its 11 affiliates
estimated their assets at $10 million to $50 million and
liabilities at $100 million to $500 million.

Tracy Hope Davis, U.S. trustee for Region 17, appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of John Ritter and the 12 companies he
manages.


KEITHVILLE WELL: $337K From Equipment Sale to Be Paid to Nations
----------------------------------------------------------------
Keithville Well Drilling & Services, LLC, filed with U.S.
Bankruptcy Court for the Western District of Louisiana, Shreveport
Division, an amended motion to sell the estate's unneeded vehicles
and water well drilling equipment to Complete Well and Pump
Services, LLC for $336,703.

For many years, Keithville drilled residential and commercial water
wells, and more recently, it drilled water supply and injection
wells for the oil exploration and production industry. As
Keithville's business rapidly expanded and became more integrated
into the oil industry, the company obtained a favorable contract
with BHP.  In order to service that contract, Keithville purchased
a larger, second surface rig, surface rig two.  In order to obtain
purchase money financing in the amount of $5.5 million for the
second surface rig, Keithville granted a security interest to
Nations I Fund LLC ("Nations") in the second surface rig and
substantially all other assets of Keithville's.

By the time of the completion of the BHP contract, the oil drilling
industry in this area had declined to the 1980's levels. Surface
rig two became inactive in September 2015, and surface rig one
became inactive in mid-November 2015.  On Dec. 14, 2015, Keithville
was forced to lay off a substantial number of surface rig employees
which was followed by further layoffs.

Prior to the Debtor's Chapter 11 filing, Nations and Keithville
were negotiating a forbearance agreement, pursuant to which,
Keithville intended to restructure its business operations by
exiting the oil and gas well drilling business and concentrating
its efforts on the water well drilling business.  Keithville
concluded that it was critical to reduce its ongoing operating
expenses, including its payments to Nations, by returning to
Nations certain pieces of the Prepetition Collateral which the
Debtor no longer required or requires under its intended
restructuring ("Surrendered Equipment") and in exchange, and upon
liquidation of the Surrendered Equipment, Nations would apply the
proceeds to reduce the Debtor's significant obligations to
Nations.

Immediately after filing its voluntary petition, the Debtor and
Nations entered into an agreement embodied in two stipulations,
each approved by the court ("Stipulations"), to continue the
pre-petition strategies of the Debtor and Nations.  Pursuant to the
Stipulations and court authority, much of the Debtor's oil well
drilling equipment and other unnecessary equipment and vehicles
have been returned to Nations and subsequently placed for
sale/auction.  The Debtor, however, also retained certain equipment
under the Court-approved Stipulations ("Retained Equipment").

While the Debtor intends to ultimately propose a Chapter 11 plan of
liquidation to sell its remaining, unencumbered assets, including
its unencumbered immovable property, to pay as much of its debts as
possible, the Debtor needs to first immediately sell its property
encumbered by Nations' liens, before pursuing such any Chapter 11
Plan, thereby reducing Nations' secured debt and benefiting the
Debtor's estate and its creditors.

The Debtor is the owner of certain unnecessary equipment and
vehicles, located at the Keithville Yard in Keithville, Louisiana
("Sale Equipment"), all of which is subject to Nations' liens and
encumbrances, and all of which was included in the Retained
Equipment pursuant to the Stipulations.

A copy of the list of the Sale Equipment and proposed sale prices
attached to the Motion is available for free at:

       http://bankrupt.com/misc/Keithville_97_Sale_M.pdf

Nations consents to the sale, and the following terms and
conditions will be incorporated into the sale order:

   a) All gross proceeds of $336,703 will be paid to Nations at
closing, directly by the Buyer;

   b) There will be no surcharge as to the aforementioned gross
proceeds, to Nations or on any other asset that constitutes
Nations' Collateral;

   c) There are no other agreements between the Debtor and the
buyer (and any of their respective affiliates and/or insiders),
other than the agreement between the Debtor and the Buyer to sell
the Sale Equipment; and

   d) Upon closing, and upon Nations' receipt in full of $336,703
in cleared funds from the Buyer, Nations will release its lien on
the Sale Equipment.

Keithville Well Drilling & Services, LLC, is represented by:

          Robert W. Raley
          AYERS, SHELTON, WILLIAMS, BENSON & PAINE, LLC
          Suite 1400, Regions Tower
          333 Texas Street (71101)
          P.O. Box 1764
          Shreveport, Louisiana 71166-1764
          Telephone: (318) 227-3322
          E-mail: robertraley@arklatexlaw.com

           About Keithville Well Drilling & Services

Keithville Well Drilling & Services, LLC, is a family business that
was founded and operated by John Talley.  Subsequently, Keithville
was operated by his son, Howard Talley.  Now, John Talley's
grandson, Jeff Talley, and his great-grandsons, Jacob Talley and
Eric Talley operate the family business.  For many years,
Keithville drilled residential and commercial water wells, and more
recently, it drilled water supply and injection wells for the oil
exploration and production industry.

Keithville Well Drilling & Services sought Chapter 11 protection
(Bankr. W.D. La. Case No. 16-10545) on April 1, 2016.  The petition
was signed by Jeffrey C. Talley, managing member.  The Honorable
Judge Jeffrey P. Norman is assigned to the case.  The Debtor
estimated assets and liabilities in the range of $1 million to $10
million.  Robert W. Raley, Esq., at Ayers, Shelton, Williams,
Benson & Paine, LLC, serves as the Debtor's counsel.


KEY WEST RESTAURANTS: Taps Michael Wiss as Legal Counsel
--------------------------------------------------------
Key West Restaurants, Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Texas to hire the Law Offices of
Michael Wiss and Associates.

The Debtor tapped the firm to serve as its legal counsel in
connection with its Chapter 11 case.

The firm's professionals and their hourly rates are:

     Michael Wiss                  $375
     Other Attorneys/Of Counsel    $325
      (Andrew Nichols)
     Paralegal/Legal Assistants     $85

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

The firm can be reached through:

     Michael Wiss
     Andrew Nichols, Of Counsel
     Michael Wiss and Associates
     11882 Greenville Ave., Suite 111, Box 11
     Dallas, TX 75243
     Telephone: (972) 889-9050
     Telecopier: (972) 889-1175

                   About Key West Restaurants

Key West Restaurants, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. N.D. Tex. Case No. 16-31932) on May
11, 2016.


KM VILLAS: Wants Exclusive Plan Filing Deadline Moved to Sept. 16
-----------------------------------------------------------------
K.M. Villas LLC asks the U.S. Bankruptcy Court for the Southern
District of Florida to extend the exclusivity period within which
the Debtor may file a plan of reorganization and solicit
acceptances to the Plan, up to and including Sept. 16, 2016, and
Nov. 15, 2016, respectively.

The current exclusivity period within which the Debtor may file a
plan of reorganization expired on July 1, 2016.

HSBC Bank USA, N.A., asserts to have a first deed of trust against
the Debtor's residential building in West Hollywood, California, in
the amount of $2,115,335.04.  The Debtor is disputing the HSBC Bank
Claim and alleges, among other allegations, that HSBC Bank lacks
standing as a creditor.

On May 30, 2015, the Debtor filed a First Amended Plan and First
Amended Disclosure Statement.  On July 8, 2015, the Court entered
an order (1) denying approval of Disclosure Statement; (2) denying
motion for extension as moot; and (3) reserving ruling on motion to
value, which denied approval of the Debtor's First Amended
Disclosure Statement, without prejudice to filing a Second Amended
Disclosure Statement, when appropriate.

The Court, in the Disclosure Statement order, stated that this case
cannot proceed to confirmation without first resolving several
issues, including: (a) the value of the Property; (b) the legal
effect of the abandonment of the Property in the prior personal
bankruptcy of Kevin Hinds, Debtor's Managing Member; (c) whether
title to the Property is properly vested in the Debtor; and (d)
whether HSBC Bank has standing to enforce the mortgage on the
Property.

On Dec. 13, 2015, the Court entered an order granting the Debtor's
third motion to extend exclusivity period in which the Debtor may
file a Plan, which extended the exclusive period within which the
Debtor may file a plan of reorganization to Jan. 12, 2016, and the
exclusive solicitation period to March 14, 2016.  The Court further
stated in the Exclusivity Order that in the event that the Debtor
seeks a further extension of these deadlines, any contested matter
or adversary proceeding objecting to the HSBC Bank Claim must be
filed no later than Jan. 12, 2016.

On Jan. 12, 2016, the Debtor, by and through the Debtor's special
litigation counsel, Nicole Moskowitz and Neustein Law Group PA,
filed an adversary proceeding, objecting to the HSBC Claim and
seeking other relief, including a determination of the validity,
extent and priority of HSBC Bank's alleged lien against the
Property.  At the time that the Adversary Proceeding is adjudicated
or resolved, the Debtor intends on filing a Second Amended Plan and
Second Amended Disclosure Statement.

The Debtor submits that it has a reasonable prospect for filing a
viable plan of reorganization because it intends on the Property
generating a positive cash flow, which will be sufficient to meet
the required obligations to secured and unsecured creditors.

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

Although this case involves only one real property, it contains a
number of factual and novel legal issues.

Additional time is necessary to prepare and negotiate a consensual
plan and prepare adequate information, due to the fact that several
issues must be decided, as identified in the Court's Disclosure
Statement Order.

The Debtor is paying its bills as they become due and has
demonstrated reasonable prospects for filing a viable plan.  The
Debtor has continued its progress in negotiations with its
creditors.

This case has now been pending for over one year; however, the
Debtor has demonstrated that it is doing everything possible to
expedite a resolution of the Adversary Proceeding.  Unresolved
contingencies exist in that the Adversary Proceeding must be
adjudicated or resolved before the Debtor is able to propose and
file a Second Amended Plan.  The Pretrial Conference in the
Adversary Proceeding has been continued to Aug. 11, 2016, at 1:30
p.m.

The Debtor's counsel can be reached at:

     Zach 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

                       About K.M. Villas

K.M. Villas LLC, based in Miami, Florida, owns a four-unit
residential building located at 930 – 934 N Harper Avenue, West
Hollywood, California 90046.  The Debtor has valued the Property at
$1.30 million.  The Debtor filed for Chapter 11 bankruptcy
protection (Bankr. S.D. Fla. Case No. 15-14807) on March 16, 2015.
Judge Robert A Mark presides over the case. The Debtor listed $1.3
million in assets and $2.76 million in liabilities.  The petition
was signed by Kevin Hinds, member.


LAURA ELSHEIMER: Proposes Aug. 15 as Claims Bar Date
----------------------------------------------------
Laura Elsheimer LLC on June 29, 2016, filed a motion asking the
U.S. Bankruptcy for the District of Massachusetts 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.

Laura Elsheimer LLC filed for Chapter 11 bankruptcy protection
(Bankr. D. Mass. Case No. 16-40853) on May 16, 2016.  Michael Van
Dam, Esq., at Van Dam Law LLP serves as the Debtor's bankruptcy
counsel.


LEHMAN BROTHERS: Said to Sell NYLO Hotel for $140-Mil.
------------------------------------------------------
Oshrat Carmiel, writing for Bloomberg News, reported that Lehman
Brothers Holdings Inc. sold the NYLO New York City hotel, bringing
the unwinding of the bank's real estate investments close to
completion almost eight years after its bankruptcy.

According to the report, citing a person with knowledge of the
sale, who asked not to be named because the transaction hasn't been
made public, the buyer of the hotel, at Broadway and 77th Street,
was Ashkenazy Acquisition Corp., which also operates Boston's
Faneuil Hall Marketplace and the retail at Washington's Union
Station.  Ashkenazy paid about $140 million for the 291-room
property, the report further cited the the person as saying.

The NYLO, first listed for sale in 2014, was one of the final
properties remaining in the real estate portfolio that helped
contribute to the investment bank's demise in 2008, the report
related.  Lehman Brothers has about $400 million left in commercial
real estate assets, the report further related, citing bankruptcy
court filings.

Douglas Harmon and Adam Spies of Eastdil Secured LLC represented
Lehman Brothers in the sale, the report said.

                       About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the

fourth largest investment bank in the United States.  For more
than
150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and  individuals
worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy Sept. 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy petition
disclosed US$639 billion in assets and US$613 billion in debts,
effectively making the firm's bankruptcy filing the largest in
U.S.
history.  Several other affiliates followed thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset
LLC
sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases are handled by Judge James M. Peck.
Harvey R. Miller, Esq., Richard P. Krasnow, Esq., Lori R. Fife,
Esq., Shai Y. Waisman, Esq., and Jacqueline Marcus, Esq., at Weil,
Gotshal & Manges, LLP, in New York, represent Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, serve
as
counsel to the Official Committee of Unsecured Creditors.
Houlihan
Lokey Howard & Zukin Capital, Inc., is the Committee's investment
banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant to
the provisions of the Securities Investor Protection Act (Case No.
08-CIV-8119 (GEL)).  James W. Giddens has been appointed as
trustee
for the SIPA liquidation of the business of LBI.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

                          *     *     *

In October 2015, Lehman made its eighth distribution to creditors,
bringing Lehman's total distributions to unsecured creditors to
approximately $105.4 billion including (1) $77.2 billion of
payments on account of third-party claims, which includes
non-controlled affiliate claims and (2) $28.2 billion of payments
among the Lehman Debtors and their controlled affiliates.

As of September 2015, the trustee in charge of LBI has returned
around $7.65 billion to the defunct brokerage's unsecured
creditors, a recovery of about 35 cents on the dollar.


LEI MACHINING: Taps Turnaround Team PLLC as Bankruptcy Counsel
--------------------------------------------------------------
LEI Machining, LLC, asks for permission from the U.S. Bankruptcy
Court for the District of Arizona to employ The Turnaround Team
PLLC as bankruptcy counsel.

The Firm will:

     a. give the Debtor legal advice with respect to the Debtor's
        powers and duties as debtor-in-possession in the continued

        operation of the Debtor's business and management of the
        Debtor's property;

     b. prepare on behalf of the Debtor as debtor-in-possession
        all necessary applications, answers, motions, orders,
        reports, and other legal papers; and

     c. perform all other legal services for the Debtor as debtor-
        in-possession that may be necessary in this case.

The Firm will be paid at these hourly rates:

        Daniel E. Garrison, Esq., Managing Partner        $565
        Joseph E. Cotterman, Esq., Partner                $565
        Brian M. Blum, Esq., Associate                    $375
        Fay Waldo, Esq., Associate                        $375
        Mary Engel, Esq., Senior Paralegal                $215
        Brittany Chavez, Esq., Paralegal                  $195
        Teresie Zmyslinski, Esq., Paralegal               $180

Brian M. Blum, Esq., an attorney at the Firm, assures the Court
that the Firm has no connection with the Debtor, or with any of the
Debtor's creditors, or any other party in interest in this case, or
with any of their respective attorneys or accountants, or the U.S.
Trustee, or any person employed in the office of the U.S. Trustee,
except that the Firm represents the Debtor in this case, and that
the Firm represents no interest adverse to the Debtor in this case
or in the Debtor's estate in the matters upon which the Firm is to
be engaged.

The Firm can be reached at:

        Brian M. Blum, Esq.
        THE TURNAROUND TEAM, PLLC
        Scottsdale Financial Center I
        4110 North Scottsdale Road, Suite 340
        Scottsdale, AZ 85251
        Tel: (480) 421-9449
        Fax: (480) 522-1515
        E-mail: brian@turnaroundteam.com

LEI Machining, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. D. Ariz. Case No. 16-7089) on June 22, 2016.


LIFE EXTENSION REALTY: Taps Shenwick & Associates as Legal Counsel
------------------------------------------------------------------
Life Extension Realty LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to hire Shenwick &
Associates as its legal counsel.

The firm will provide these services in connection with Life
Extension's Chapter 11 case:

     (a) advising Life Extension with respect to its powers and
         duties as a debtor-in-possession;

     (b) advising and consulting the Debtor on its conduct during
         its Chapter 11 case;

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

     (d) taking all necessary actions to protect and preserve the
         Debtor's estate, including prosecuting actions on the
         Debtor's behalf;

     (e) preparing pleadings;

     (f) representing the Debtor in connection with obtaining
         authority to continue using cash collateral and post-
         petition financing;

     (g) advising the Debtor in connection with any potential sale

         of assets;

     (h) appearing before the court and any appellate courts;

     (i) advising the Debtor regarding tax matters; and

     (j) negotiate, prepare and obtain approval of a disclosure
         statement and confirmation of a Chapter 11 plan.

The firm's attorneys will be paid $525 per hour while its
paraprofessionals will be paid $200 per hour for their services.  

Aside from professional fees, Shenwick & Associates will also
receive reimbursement for work-related expenses.

James Shenwick, a principal of Shenwick & Associates, disclosed in
a court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     James H. Shenwick
     Shenwick & Associates
     655 3rd Avenue, 20th Floor
     New York, New York 10017
     Telephone: 212-541-6224
     Facsimile: 646-218-4600
     Email: jshenwick@gmail.com

                  About Life Extension Realty

Life Extension Realty LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-11750) on June 16,
2016.


LINN ENERGY: Court Approves Employee Compensation Plan
------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
LINN Energy's motion for entry of an order authorizing and
approving the Debtors' (a) employee compensation plan for all
non-insider employees, (b) critical employee recognition program
and (c) executive incentive plan. As previously reported, "By this
Motion, the Debtors request critical and what should be
non-controversial relief: authority to continue three ordinary
course historical employee compensation programs (the 'Compensation
Programs') that each and every one of the Debtors' 1,621 employees
rely upon to support their and their families' livelihoods. The
'Quarterly Compensation Plan' is the current form of the Debtors'
historical incentive compensation program that applies to all
non-insider employees throughout the organization. The 'Critical
Employee Recognition Program' is a program, originally implemented
in August 2015, to provide incentives to key members of the
Debtors' middle management to stay with the Debtors through the
current challenges posed by the low commodity pricing cycle. The
103 non-insider employees that participate in the Critical Employee
Recognition Program include those persons that the Debtors strongly
believe are critical to the Debtors' business. The 'Executive
Incentive Plan' or 'EIP' is the only Compensation Program that
applies to the six insiders of the Debtors. This program is
specifically designed to incentivize and reward the Debtors'
leadership team for meeting carefully selected goals determined to
be critical to the company's ongoing success -- and thereby drive
performance for the overall enterprise."

                         About Linn Energy

Headquartered in Houston, Texas, Linn Energy, LLC, and its
affiliates are independent oil and natural gas companies.  Each of
Linn Energy, LLC and 14 of its subsidiaries filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex.
Lead Case No. 16-60040) on May 11, 2016.  The petitions were signed
by Arden L. Walker, Jr., chief operating officer of LINN Energy.
The cases are before Judge David R. Jones.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Jackson Walker
L.L.P. as co-counsel, Lazard Freres & Co. LLC as financial advisor,
AlixPartners as restructuring advisor, PricewaterhouseCoopers LLP
as tax consultant, and Prime Clerk LLC as claims, notice and
balloting agent.


LIONS GATE: S&P Retains BB- CCR on Watch Neg on Pending Starz Deal
------------------------------------------------------------------
S&P Global Ratings said that its ratings on Santa Monica,
Calif.-based independent film studio Lions Gate Entertainment
Corp., including the 'BB-' corporate credit rating, remain on
CreditWatch, where S&P had placed them with negative implications
on March 16, 2016.

"The CreditWatch placement reflects the risk that Lions Gate's
credit measures might not improve to levels appropriate for the
'BB-' rating and the company's announcement on June 30, 2016, that
it will acquire Starz LLC in a combination of cash and stock," S&P
Global Ratings credit analyst Khaled Lahlo.  The combined company
will have an improved business risk profile (fair versus weak for
Lions Gate on a standalone basis) due to the increased operational
diversification.  S&P expects that the revenue and cash flow
stability of Starz's cable networks will offset the inherent
volatility of Lions Gate's motion picture segment and the increased
scale of distribution.

"Although we expect incremental cost savings primarily from a tax
standpoint, we believe the acquisition will weaken Lions Gate's
core financial measures," said Mr. Lahlo.  "The company's pro forma
adjusted leverage, including production loans and about
$4 billion of total debt at the consolidated entity, was above 9.1x
as of March 31, 2016."

Lions Gate's credit measures have worsened over the past few
quarters due to the underperformance of its recent releases,
particularly "Gods of Egypt" and "The Hunger Games: Mockingjay,
Part 2."  This affected the company's credit measures in two ways:
it depressed cash flow and caused the company to increase its
borrowings (production loans) to fund its upcoming film slate.

The ratings were placed on CreditWatch negative, based on S&P's
expectation that Lions Gate's upcoming film slate could
underperform our expectation, and the lack of new franchises could
cause the company's cash flows and credit ratios to further
deteriorate.

In resolving the CreditWatch placement, S&P expects to assess the
combined company's ability to generate cash flow and reduce
leverage.  This assessment will also include management's financial
policy and its commitment to reducing debt. From a business profile
standpoint, S&P would view the transaction positively because it
brings operational and financial diversification and improved scale
for content production and distribution.

However, the negative CreditWatch placement reflects the risks to
S&P's base case scenario as continued weakness in the company's
credit measures in fiscal 2017 could lead to a lower rating.
Conversely, if S&P believes that Lions Gate's adjusted leverage
were to remain above 5x, S&P could lower the corporate credit
rating by one or two notches, depending on S&P's assessment of the
company's leverage, cash flow, and liquidity.


LOMBARD PUBLIC: S&P Lowers Rating on 2005A-2 Bonds to 'D'
---------------------------------------------------------
S&P Global Ratings lowered its issue-level rating to 'D' from 'CC'
on the Lombard Public Facilities Corp. series 2005A-2 bonds.  The
recovery rating remains unchanged at '4', indicating S&P's
expectation of average (30%-50%; lower end of the range) recovery
in the event of a payment default.

"The rating action follows our expectation that LPFC will not pay
the accelerated debt balance on the series 2005A-2 on June 30, 2016
as set forth in the trustee's notice of acceleration document,"
said S&P Global Ratings credit analyst David Lum.


LUMIRAM DEVELOPMENT: White Plains Property Sale Hearing on July 22
------------------------------------------------------------------
Lumiram Development Corp. and its sole equity holder Corinne Ham
filed a joint motion to sell the property located and known as 615
Fifth Ave. Larchmont, New York.

The efforts employed by the Debtor to sell the Property, without
payment to a real estate broker, were successful and resulted in a
contract with the purchaser, Safeguard Properties II, LLC, for the
purchase price of $2,500,000.  The purchaser's offer was for "all
cash" and has no mortgage contingency.

Since the Petition Date, the Debtor has been contacted by multiple
parties showing a potential interest in purchasing the Property.
The Debtor, therefore believes that the Property should be made
available to other potential purchasers, in accordance with the
provisions of Sec. 363 of the Bankruptcy Code.

The Property has a fair market value of not less than $2,500,000.
The property was appraised at $2,400,000 by Skyline appraisals on
Jan. 25, 2016.

A hearing on the Motion before Judge Robert Drain is scheduled for
July 20, 2016, at 10:00 a.m.

JP Morgan Chase holds a first priority secured lien against the
Property in the assume approximate amount of $1,500,000.

The Debtor anticipates that the various prepetition obligations in
the total amount of $1,800,000 will be required to be paid at
closing.

The proposed Contract with Safeguard will yield sufficient proceeds
to satisfy all of the Debtor's secured debt relating to the
property, as well as all closing costs of the sale transaction.
The proposed contract will leave sufficient surplus to pay all
other creditors in full, or in such amount as provided in a
confirmed plan.

Resolution of the Debtor's secured obligations through the sale of
the Property will enable the Debtor to deal with its remaining
creditors by formulating a plan of reorganization.  The Debtor
anticipates filing a plan of reorganization, ideally to be
confirmed after approval of the Motion and prior to the sale of the
Property.

Attorney for the Debtor:

         Michael A. Koplen, Esq.
         14 S. Main Street
         New City, New York
         Telephone: (845) 623-7070

Attorney for Corinne Ram:

         ALTER & BRESCIA, LLP
         Bruce R. Alter
         550 Mamaroneck Avenue, Suite 401
         Harrison, NY 10528
         Tel: (914) 670-0030

                    About Lumiram Development

Lumiram Development Corp, a single asset real estate entity with a
residential building located at 615 Fifth Ave, larchmont, New York,
sought Chapter 11 protection (Bankr. S.D.N.Y. Case No. 15-22062) on
Jan. 13, 2015.  Judge Robert D. Drain is assigned to the case.  The
petition was signed by Corinne A. Ram, president.

The Debtor estimated assets of $1.6 million and $1.64 million in
debt.

No Official Committee of Unsecured Creditors has been appointed.
No trustee or examiner has been appointed.

Michael A. Koplen, Esq. at Law Offices of Michael A. Koplen serves
as the Debtor's counsel.


M SPACE HOLDINGS: Committee Taps Parsons Behle as Legal Counsel
---------------------------------------------------------------
The official committee of unsecured creditors of M Space Holdings,
LLC seeks approval from the U.S. Bankruptcy Court for the District
of Utah to hire Parsons Behle & Latimer as its legal counsel.

The Debtor tapped the firm to provide these services in connection
with its Chapter 11 case:

     (a) advise the committee and take all necessary actions to
         protect the interests of the body of unsecured creditors
         of the Debtor's estate;

     (b) represent the unsecured creditors' interests at the first

         meeting of creditors, and any examination of the Debtor   
      
         and its affairs;

     (c) consult with the Debtor and its advisors concerning the
         administration of the Chapter 11 case;

     (d) assist the committee in investigating the acts, conduct,
         assets, liabilities and financial condition of the
         Debtor;

     (e) assist the committee in providing information to
         unsecured creditors;

     (f) prepare legal papers; and

     (g) participate in the formulation of a plan of
         reorganization.

Bruce White and Brian Rothschild will be primarily responsible for
representing the committee.  Mr. White will be paid $450 per hour
for his services while the other lawyer will be paid $270 per
hour.

Parsons Behle and its attorneys are "disinterested persons" as
defined in section 101(14) of the Bankruptcy Code, according to
court filings.

The firm can be reached through:

     Bruce H. White
     Brian M. Rothschild
     Parsons Behle & Latimer
     201 South Main Street, Suite 1800
     Salt Lake City, Utah 84111
     Telephone: 801.532.1234
     Facsimile: 801.536.6111
     BWhite@parsonsbehle.com
     BRothschild@parsonsbehle.com
     ecf@parsonsbehle.com


                     About M Space Holdings

M Space Holdings, LLC, is a provider of turnkey complex modular
space solutions.  M Space sought protection under Chapter 11 of the
Bankruptcy Code  (Bankr. D. Utah Case No. 16-24384) on May 19,
2016.  The petition was signed by Jeffrey Deutschendorf, chief
executive officer and president.  The case is assigned to Judge
Joel T. Marker.  

The Debtor tapped Holland & Hart LLP as counsel.  The Debtor's
asset Liquidator is Gordon Brothers Commercial & Industrial, LLC.

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


MADISON SQUARE TAVERN: Wants Plan Filing Extended to Sept. 29
-------------------------------------------------------------
Madison Square Tavern, Inc., asks the U.S. Bankruptcy Court for the
Southern District of New York to extend the Debtor's exclusive
periods to file a plan of reorganization and solicit acceptances of
the plan for 90 days to Sept. 29, 2016, and Nov. 29, 2016,
respectively.

Since the Petition Date, the Debtor engaged a new management group,
Simple Venue LLC, to market the restaurant and revitalize
operations.  These efforts are on-going.

In the meantime, the Debtor has entered into a cash collateral
stipulation with its secured lender, Greater Hudson Bank.  The
Debtor also successfully negotiated with its landlord for an
extension of the deadline to assume or reject its lease until Sept.
30, 2016.

The Debtor met with representatives of Greater Hudson Bank, and
started the process of exploring ways to exit Chapter 11, whether
through a new investor, a sale of the restaurant, a restructuring
of the debt, or a combination of all three.

The Debtor tells the Court that until discussions are completed, no
plan of reorganization can be formulated.  Therefore, the Debtor
needs an extension of the exclusively periods.

The Debtor anticipates that a plan will be filed well before the
proposed extension expires.  While the Debtor believes that it is
unlikely that any other entity will seek to file a plan,
maintaining an orderly process is necessary, particularly while
negotiations with creditors are underway, and the Debtor is
concerned that the case could become unsettled without an extension
of both exclusive periods.

The bankruptcy case is progressing, with all of the administrative
matters resolved.  The Debtor is current on its rent, its adequate
protection payments and the quarterly fees owed to the Office of
the US. Trustee.  All operating reports have been filed through
June, 2016.

The Debtor intends to move forward with its negotiations over a
viable exit strategy, and submits that an extension of exclusivity
is warranted under the specific circumstances of this case.

The Debtor's counsel can be reached at:

     J. Ted Donovan, Esq.
     Goldberg Weprin Finkel Goldstein LLP
     1501 Broadway, 22nd Floor
     New York, NY 10036
     Tel: (212) 221-5700

        About Madison Square Tavern

Headquartered in New York, New York, Madison Square Tavern, Inc.,
operates a restaurant at 150 West 30th Street, New York, New York,
under a certain lease, dated July 30, 2013, with 150 Pin High LLC,
150 Habern LLC and 15 AB LLC as tenants in common.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 16-10520) on March 4, 2016, listing $2.27 million
in total assets and $4.32 million in total liabilities.  The
petition was signed by Edward Dobres, president.

Judge James L. Garrity, Jr., presides over the case.

Ted J. Donovan, Esq., and Kevin J. Nash, Esq., at Goldberg Weprin
Finkel Goldstein LLP serve as the Debtor's bankruptcy counsel.


MIDSTATES PETROLEUM: Seeks Approval of Key Employee Incentive Plan
------------------------------------------------------------------
BankruptcyData.com reported that Midstates Petroleum Company filed
with the U.S. Bankruptcy Court a motion for entry of an order
authorizing and approving the Debtors' senior executive incentive
plan (SEIP) and key employee incentive (KEIP). The motion explains,
"Continuation of the SEIP is a proper exercise of the Debtors'
business judgment. The SEIP properly incentivizes the Senior
Executives, who possess the leadership skills and expertise
critical to the Debtors' ability to generate value for the Debtors'
creditors. Accordingly, the Debtors have carefully structured the
SEIP to improve operational performance while managing costs. By
linking the Senior Executives' increased compensation opportunities
to these various operational goals, the SEIP successfully and
fairly aligns the interests of the Debtors, their employees, and
their stakeholders. The continuation of the KEIP is a proper
exercise of the Debtors' business judgment and should be approved.
The Non-Insider Employees rely on their incentive awards as an
integral component of their overall compensation. The KEIP signals
to the Non-Insider Employees that their hard work and dedication
will still be rewarded during a time of significant, ongoing stress
for the Debtors' rank-and-file workforce."

                   About Midstates Petroleum Company

Midstates Petroleum Company, Inc. --
http://www.midstatespetroleum.com/-- is an independent exploration
and production company focused on the application of modern
drilling and completion techniques in oil and liquids-rich basins
in the onshore U.S. Midstates' drilling and completion efforts are
currently focused in the Mississippian Lime oil play in Oklahoma
and Anadarko Basin in Texas and Oklahoma. The Company's operations
also include the upper Gulf Coast tertiary trend in central
Louisiana.

Midstates Petroleum Company, Inc. and Midstates Petroleum Company
LLC filed separate Chapter 11 petitions (Bankr. S.D. Tex. Case Nos.
16-32237 and 16-32238) on April 30, 2016.  The petitions were
signed by Nelson M. Haight, executive vice president and chief
financial officer Judge David R Jones presides over the case. As of
Dec. 31, 2015, the Company listed assets of $679 million and total
debts of $2 billion.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as lead bankruptcy counsel, Jackson Walker LLP as
their local and conflicts bankruptcy counsel, and Evercore Group
L.L.C. as investment banker.  Kurtzman Carson Consultants LLC
serves as claims and noticing agent.

The Office of the U.S. Trustee, on May 12, 2016, appointed three
creditors to serve on the official committee of unsecured
creditors.  The Committee taps Squire Patton Boggs (US) LLP as
counsel, Berkeley Research Group LLC as financial advisor, and
Conway Mackenzie, Inc. as special E&P advisor.


MILESTONE SCIENTIFIC: BP4 S.r.l. Reports 23.5% Stake
----------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, BP4 S.r.l. and Innovest S.p.A. disclosed that as of
June 29, 2016, they beneficially own 5,750,491 shares of common
stock of Milstone Scientific Inc. representing 23.5 percent of the
shares outstanding.  Giandomenico Trombetta also reported
beneficial ownership of 5,861,141 shares.  A copy of the regulatory
filing is available for free at https://is.gd/xrfZO0

                  About Milestone Scientific

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

Milestone Scientific reported a net loss attributable to the
Company of $5.46 million on $9.49 million of net product sales for
the year ended Dec. 31, 2015, compared to a net loss attributable
to the Company of $1.70 million on $10.3 million of net product
sales for the year ended Dec. 31, 2014.

As of March 31, 2016, Milestone Scientific had $11.6 million in
total assets, $3.24 million in total liabilities, all current, and
total equity of $8.36 million.


MILESTONE SCIENTIFIC: Signs Distribution Pact with Henry Schein
---------------------------------------------------------------
Milestone Scientific Inc. announced that its Wand Dental, Inc.
subsidiary has entered into a 10-year exclusive agreement with
Henry Schein, Inc., a provider of health care products and services
to office-based dental, animal health and medical practitioners,
for The Wand STA Computer Assisted Anesthesia System.


Under the agreement, Henry Schein's Exclusive Products Sales
Specialist Team, which is comprised of 25 sales representatives and
supported by 900 field service representatives, will exclusively
market and distribute The Wand STA Computer Assisted Anesthesia
System, together with a select group of other devices, in the
United States and Canada.

To help educate its customers about the benefits of The Wand, Henry
Schein is training specific members of its sales team to become
experts in the features and benefits of the STA system.  The
agreement has minimum purchase orders to maintain exclusivity in
the third through tenth years, commencing at $2.75 million. Henry
Schein will also continue to distribute the disposables for Wand
Dental, Inc.'s legacy anesthesia system, The Compudent.

The Wand® STA is the market-leading computer-controlled local
anesthesia system, with over 50 million injections performed
worldwide.  The Wand performs both traditional and newer dental
anesthesia injections in a more effective and comfortable way for
both the patient and the provider. The instrument utilizes patented
technologies like computer-regulated flow rates, Dynamic Pressure
Sensing (DPS), and a uniquely ergonomic hand-piece to enable
significant improvements over the traditional dental syringe, which
has remained virtually unchanged for over 160 years.

Gian Domenico Trombetta, CEO of Wand Dental, Inc. commented,
"Following our success with Henry Schein earlier this year, we are
excited to enter into this long-term, exclusive collaboration
agreement.  This agreement will enable us to partner with Henry
Schein's field representatives and the company's unparalleled
sales, marketing and distribution platform across North America.
Meanwhile, we continue to expand our distribution partnerships
globally and believe we have developed a highly cost effective and
scalable platform to rapidly grow sales and profitability of our
Wand Dental segment in the coming years."

A full-text copy of the Exclusive Distribution and Supply Agreement
is available for free at https://is.gd/dQvX0k

                      About Wand Dental, Inc.

Headquartered in Livingston, NJ, Wand Dental, Inc. is a
wholly-owned subsidiary of Milestone Scientific, Inc. and is
engaged in the manufacture and sales of advanced
computer-controlled drug delivery technologies to the global dental
market.  The company currently sells its award-winning products
through a global distribution network serving North and South
America, Asia, Africa, Europe and the Middle East.

                     About Milestone Scientific

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

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

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


NAKAYLA LLC: Seeks to Replace Kerkman & Dunn with Kurter Law
------------------------------------------------------------
Nakayla LLC has filed a motion seeking court approval of a deal
that would allow the company to hire a new bankruptcy counsel.

The agreement, if approved by the U.S. Bankruptcy Court for the
Eastern District of Wisconsin, would allow the company to hire
Kurter Law Offices in connection with its Chapter 11 case.

The firm will replace Kerkman & Dunn, which has served as Nakayla's
legal counsel since June last year.  Kerkman has consented to the
substitution.

Kurter Law Offices will provide these services:

     (a) advise and assist the Debtor with respect to its duties
         and powers under the Bankruptcy Code;

     (b) advise the Debtor on the conduct of its Chapter 11 case;

     (c) attend meetings and negotiate with representatives of the

         creditors and other parties;

     (d) prosecute actions on behalf of the Debtor and defend
         actions commenced against the Debtor;

     (e) prepare legal papers;

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

     (g) appear before the court;

     (h) assist the Debtor in preparing, negotiating and
         implementing a Chapter 11 plan; and

     (i) assist the Debtor in small claim state court actions
         related to any and all eviction proceedings and
         collection actions initiated by or against the Debtor
         that are necessary for its reorganization.

The firm's professionals and their hourly rates are:

     Imran Kurter                     $125
     Associate Attorneys              $120
     Non-Attorney Paraprofessionals    $90

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

The firm can be reached through:

     Imran Kurter
     Kurter Law Offices
     10012 West Capitol Drive Suite 206
     Wauwatosa, WI 53222
     Phone: 414- 368-8181
     Email: KurterLawWI@gmail.com

                        About Nakayla LLC

Nakayla LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Wis. Case No. 15-25494) on May 12, 2015.


NANOSPHERE INC: Common Stock Delisted from NASDAQ
-------------------------------------------------
The NASDAQ Stock Market LLC filed a Form 25 with the Securities and
Exchange Commission notifying the removal from listing or
registration of Nanosphere Inc.'s common stock on the Exchange.

                      About Nanosphere

Nanosphere, Inc., develops, manufactures and markets an advanced
molecular diagnostics platform, the Verigene System, that enables
simple, low cost and highly sensitive genomic and protein testing
on a single platform.  The Verigene System includes a bench-top
molecular diagnostics workstation that is a universal platform for
genomic and protein testing and provides for multiple tests to be
performed on a single platform, including both genomic and protein
assays, from a single sample.  Its proprietary nanoparticle
technology provides the ability to run multiple tests
simultaneously on the same sample.  Nanosphere was founded by Chad
A. Mirkin and Robert Letsinger on Dec. 30, 1999, and is
headquartered in Northbrook, IL.

Nanosphere reported a loss attributable to common shareholders of
$42.84 million on $21.07 million of total revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to common
shareholders of $39.07 million on $14.29 million of total revenue
for the year ended Dec. 31, 2014.

As of March 31, 2016, Nanosphere had $39.78 million in total
assets, $27.49 million in total liabilities and $12.29 million in
total stockholders' equity.

Deloitte & Touche LLP, in Chicago, Illinois, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's recurring
losses from continued use of cash to fund operations raise
substantial doubt about its ability to continue as a going concern.


NIERZWICKI HOLDINGS: Lexington Property Sale for $515,000 Approved
------------------------------------------------------------------
Judge Gregory R. Schaaf of the U.S. Bankruptcy Court for the
Eastern District of Kentucky, Lexington Division, granted the
emergency motion of Nierzwicki Holdings, LLC and its affiliates to
sell the real property generally described as 517 West Main Street,
Lexington ("Property"), Kentucky to Clark-Wolfe Rentals, LLC
("Buyer") for $515,000.  The sale is free and clear of any and all
interests.

All interests existing against the Property immediately prior to
transfer of the Property to the Buyer will attach to the Purchase
Price with the same validity, extent, and priority as otherwise
existed.  The Purchase Price will be paid to Traditional Bank as
first-priority lienholder and Stephen Pulliam is entitled to
receive a $5,000 commission from the Proceeds.

Nierzwicki Holdings, LLC and CDHP Holdings LLC ("Debtors"), along
with Traditional Bank, Inc., had filed a motion seeking a sale of
the Property to Clark-Wolfe for $515,000.

While Traditional was previously granted stay relief, the order did
not specify abandonment and the Debtors and Traditional have
reached an agreement on the terms of sale with respect to 517 West
Main.  The Debtors and Traditional believe the proposed sale
maximizes value of the property and request that the Court rule on
the sale motion prior to ruling on the pending request for
conversion or dismissal of the cases.

The property is subject to or may be subject to liens or interests
as follows:

      a) Traditional Bank – a mortgage lien approximately
amounting to $763,336.

      b) 500's on Main Council of Co-Owners, Inc - HOA dues
approximately amounting to $37,595.

Postpetition, the Debtors retained Bronaugh & Pulliam SVN, LLC dba
Sperry Van Ness to list and market the Property for sale.  While
the Property was listed, there were no purchase offers.  In light
of the efforts to market the property, the purchase price is deemed
to be the highest and best offer that can be achieved.

The Real Estate Purchase Agreement ("Sale Agreement") between
Nierzwicki and the Buyer contains, among others, these relevant
terms:

      a) The purchase price is $515,000.

      b) The Buyer has or will deposit $5,000 as earnest money in
escrow with Buyer's attorneys, Kinkead & Stilz, PLLC.

      c) The sale will be free and clear of all liens, claims,
interests, and encumbrances.

      d) Stephen Pulliam will be paid a $5,000 commission.

      e) Sale proceeds will be paid to Traditional as the first
lien holder with respect to the Property.

Counsel for the Debtors:

          Jamie L. Harris, Esq.
          DELCOTTO LAW GROUP PLLC
          200 North Upper Street   
          Lexington, KY 40507  
          Telephone: (859) 231-5800
          Facsimile: (859) 281-1179
          E-mail: jharris@dlgfirm.com

Counsel for Traditional Bank:

          Kathryn Warnecke Ryan, Esq.
          KATHRYN WARNECKE RYAN PLLC
          P.O. Box 22300
          Lexington, KY 40522-2300
          Telephone: (859) 309 -5710
          E-mail: kathy@kwryanlaw.com  

                     About Nierzwicki Holdings

Nierzwicki Holdings, LLC, sought Chapter 11 bankruptcy protection
(Bankr. E.D. Ky. Case No. 15-51985) on Oct. 8, 2015.  The Debtor
estimated assets and liabilities in the range of $500,001 to $1
million.  Laura Day DelCotto, Esq., at Delcotto Law Group PLLC,
serves as the Debtor's counsel.  The petition was filed by Paul E.
Nierzwicki, managing member.


NORANDA ALUMINUM: July 7 Auction for Downstream Business
--------------------------------------------------------
Judge Barry S. Schermer of the U.S. Bankruptcy Court  for the
Eastern District of Missouri, Southeastern Division, authorized
Noranda Aluminum, Inc. and its affiliated debtors to enter into the
stalking horse agreement between Norandal USA, Inc., Granges AB,
and Beagle Acquisition Corp., for the sale of certain assets
associated with the Debtors' Downstream Business.

The Debtors seek to sell their Downstream Business at the rolling
mills located in (i) Huntingdon, Tennessee, (ii) Newport,
Arkansas,
and (iii) Salisbury, North Carolina, together with any assets,
facilities, real property, personal property, plants, equipment,
inventory, and associated accounts receivable.

The Stalking Horse Agreement contains, among others, the following
relevant terms:

     (a) Purchase Price: Gross consideration of $302.5 million.
Net
cash consideration of $288 million ("Cash Consideration"), subject
to adjustment to the extent working capital is less than or
greater
than $60 million.

     (b) Closing Date: No later than Aug. 31, 2016.

     (c) Bid Protections: (i) a break-up fee of 1.5% of the cash
purchase price, which is $4.32 million based on the Cash
Consideration, and (ii) expense reimbursement not greater than
$1.5
million.

The Modified Sale Process Dates are:

   -- June 29, 2016, at 5:00 p.m. (prevailing Eastern
      Time), is the bid deadline; and

   -- July 7, 2016, at 10:00 a.m. (prevailing Eastern
      Time), is the auction.

Pursuant to the First Notice of Modified Sale Dates, the Sale
Hearing is scheduled to take place on July 14, 2016, at 10:00 a.m.
(prevailing Central Time).

The Official Committee of Unsecured Creditors filed a statement
saying that although it does not object to the approval of the
Debtors' entry into the Stalking Horse Agreement, the Committee
intends to object to the Sale on the grounds that: (1) there is no
business justification for the Sale of the Downstream Business for
it is highly profitable and has been providing funding to support
the Debtors' struggling Upstream Business; and (2) the Sale of the
Downstream Business as currently proposed will leave the Debtors
administratively insolvent because the proceeds from Sale of the
Downstream Business will likely not be sufficient to pay the
Debtors' secured debt in full and the secured lenders have not
committed to paying all administrative expenses through
confirmation of a Chapter 11 plan.

The United Steel, Paper and Forestry, Rubber, Manufacturing, Energy
Allied Industrial and Service Workers International Union, the
collective bargaining representative of the Debtors' employees at
their Gramercy plant, reserved all rights to object to the result
of the auction at the sale hearing on any basis, including with
respect to the comparative treatment of employee obligations and
future employment prospects.  USW said it is prepared to bargain in
good faith with any party that seeks to acquire the Debtors'
productive assets and employ USW members in the interest of
resolving any labor and benefit issues in a mutually satisfactory
manner.

Counsel to the Creditors' Committee:

       Kenneth A. Rosen, Esq.
       Jeffrey D. Prol, Esq.
       LOWENSTEIN SANDLER LLP
       65 Livingston Avenue
       Roseland, NJ 07068
       Telephone: (973) 597-2500
       Facsimile: (973) 597-2400
       Email: krosen@lowenstein.com
              jprol@lowenstein.com

       -- and --

       Bruce S. Nathan, Esq.
       David M. Banker, Esq.
       LOWENSTEIN SANDLER LLP
       1251 Avenue of the Americas
       New York, NY 10020
       Telephone: (212) 262-6700
       Facsimile: (212) 262-7402
       Email: bnathan@lowenstein.com
              dbanker@lowenstein.com

       -- and --

       Lisa A. Epps, Esq.
       SPENCER FANE LLP
       1000 Walnut Street
       Suite 1400
       Kansas City, MO 64106
       Telephone: (816) 474-8100
       Facsimile: (816) 474-3216
       Email: lepps@spencerfane.com

       -- and --

       Sherry K. Dreisewerd, Esq.
       Eric C. Peterson, Esq.
       Ryan C. Hardy, Esq.
       SPENCER FANE LLP
       1 N. Brentwood Boulevard
       Suite 1000
       St. Louis, MO 63105
       Telephone: (314) 863-7733
       Facsimile: (314) 862-4656
       Email: sdreisewerd@spencerfane.com
              epeterson@spencerfane.com
              rhardy@spencerfane.com

Counsel to United Steelworkers:

       Janine M. Martin, Esq.
       Emily R. Perez-Estepp, Esq.
       HAMMOND and SHINNERS, P.C.
       7730 Carondelet, Suite 200
       St. Louis, Missouri 63105
       Telephone: (314) 727-1015
       Facsimile: (314) 727-6804
       Email: jmartin@hammondshinners.com
              eperez@hammondshinners.com

       -- and --

       Thomas N. Ciantra, Esq.
       COHEN, WEISS AND SIMON LLP
       330 West 42nd Street
       New York, New York 10036-6979
       Telephone: (212) 563-4100
       Facsimile: (646) 473-8228
       Email: tciantra@cwsny.com

       -- and --

       David Jury, Esq.
       Associate General Counsel
       UNITED STEEL, PAPAER ANS FORESTRY, RUBBER, MANUFACTURING,
ENERGY ALLIED
       INDUSTRIAL AND SERVICE WORKERS INTERNATIONAL UNION
       60 Boulevard of the Allies, Room 807
       Pittsburgh, Pennsylvania 15222
       Telephone: (412) 562-2400
       Facsimile: (412) 562-2574
       Email: djury@usw.org

              About Noranda Aluminum

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

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

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

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


NORANDA ALUMINUM: Minority Lenders No Right to Adequate Protection
------------------------------------------------------------------
Judge Barry S. Schermer of the U.S. Bankruptcy Court for the
Eastern District of Missouri, Southeastern Division, denies the
motion of the Ad Hoc Consortium of Minority Pre-Petition Term
Lenders asking the Bankruptcy Court to direct Noranda Aluminum,
Inc., et al., to provide adequate protection, holding that the
Minority Lenders lack the standing to adequate protection.

The Troubled Company Reporter, on June 27, 2016, reported that the
Debtors filed an objection to the Motion filed by Consortium for
adequate protection.

"The Adequate Protection Motion is nothing more than a request by
the Consortium – a group of Pre-Petition Term Lenders
holding
just over 30% of the outstanding loans under the Pre-Petition Term
Loan Agreement – to have its legal fees and expenses paid
for by
the Debtors' estates, without any legal or contractual basis.  The
Consortium, who did not object to the approval of the Debtors'
postpetition financing on either an interim or final basis, is not
entitled to such relief under the Final DIP Order and has cited no
factual development or change in circumstances that necessitates
rewriting the terms of the Final DIP Order.  Indeed, the only
discernable development is the Consortium's retention of its own
legal counsel. It is telling that the first and only pleading the
Consortium has filed in these chapter 11 cases is one seeking
payment of its own legal fees.  Moreover, the Consortium has not
asserted any recognizable entitlement to the reimbursement of its
legal fees, whether as adequate protection or as undersecured
prepetition creditors, or asserted or justified the need for any
counsel beyond the Pre-Petition Term Agent's counsel," the Debtors
argue.

The Official Committee of Unsecured Creditors joined in on the
Debtors' objection.  

The Consortium avers that the Debtors have not carried their
burden
of proving that the Minority Lenders are adequately protected.  It
further avers that the inherent potential conflict presented by
Cortland's serving as both Pre-Petition Term Agent and Term DIP
Agent affords the Minority Lenders the contractual right to demand
separate counsel to protect their rights.  The Consortium contends
that the Final DIP Order neither provides this right as adequate
protection, nor does it contain other provisions to allay the
Minority Lenders' reasonable concerns.

The Consortium argues that the objections are expensive, wasteful
attempts by those already at the table to keep key parties in
interest from having a seat and that such objections must be
rejected.

                    About Noranda Aluminum

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

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

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

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


NRAD MEDICAL: Wants Exclusive Plan Filing Deadline Moved to Oct. 3
------------------------------------------------------------------
NRAD Medical Associates, P.C., asks the U.S. Bankruptcy Court for
the Eastern District of New York to extend by 90 days through and
including Oct. 3, 2016, the Debtor's exclusive time to file a
Chapter 11 plan, and by 60 days through and including Dec. 2, 2016,
the Debtor's exclusive time to solicit acceptances of that plan.

A hearing on the Debtor's request is set for July 28, 2016, at
11:00 a.m.  Objections to the request must be filed by July 21,
2016, at 4:00 p.m.

The Debtor's exclusive period within which to file a Plan expires
on July 5, 2016.

The Debtor tells the Court that cause exists to extend its
Exclusive Periods because the Debtor requires additional time to
present adequate information to, and negotiate its Plan with, the
Official Committee of Unsecured Creditors and Sterling National
Bank, the Debtor's prepetition lender.  The Debtor has also
commenced litigation against 16 of its former shareholders, the
result of which will have a significant impact on the formulation
of its Plan in this case.

Since the Debtor's Chapter 11 filing, it has been working with its
professionals to wind down the certain of its business obligations,
fulfill its obligations pursuant to its prepetition transaction
with respect to its imaging practice, and negotiate a consensual
Plan.  The Debtor is faced with over $14 million in claims of its
current and former shareholders, which are currently being
addressed through multiple adversary proceedings.  The Debtor has
continued to work with the Committee towards a resolution of all
the issues in this chapter 11 case, and those efforts remain
ongoing.

The Debtor believes that its efforts so far in this Chapter 11 case
constitute good faith progress towards confirming a Plan.  The
Debtor has had substantial negotiations to date with the Committee,
Sterling, and counsel to eleven former shareholders regarding a
Plan, and believes that additional time is necessary in order to
continue negotiations and prepare a consensual Plan.

Less than one year has passed since the Petition Date, which, based
upon the complexities of this case, is not a sufficient amount of
time to propose a Plan during the Debtor's wind down of its
operations.

The Debtor says that its request for an extension of the Exclusive
Periods is clearly an effort to work with, rather than pressure,
the Committee and Sterling.  Although significant progress has been
made in the Debtor's case, the Debtor requires an extension of the
Exclusive Periods to continue its wind down, prosecute its claims
against its former shareholders, and provide time to negotiate with
the Committee, Sterling, and its former shareholders in connection
with its Plan in the hopes that the Debtor's Plan may be
consensual.  Granting the requested extension will allow the Debtor
to prepare adequate information for the
Committee, Sterling, and all creditors, and to proceed with a
viable Plan.

The Debtor's counsel can be reached at:

     Gerard R. Luckman, Esq.
     Brian Powers, Esq.
     SILVERMANACAMPORA LLP
     100 Jericho Quadrangle, Suite 300
     Jericho, New York 11753
     Tel: (516) 479-6300
     E-mail: GLuckman@SilvermanAcampora.com
             BPowers@SilvermanAcampora.com
     Website: http://www.silvermanacampora.com/

            About NRAD Medical Associates

NRAD Medical Associates, P.C., operated a regional radiology
imaging medical practice and a regional radiation therapy practice
with 16 locations throughout Long Island and Queens, New York.  In
June 2015, NRAD sold most of the assets utilized in the imaging
practice assets in June 2015 to Meridian Imaging Group, LLC.  In
addition, NRAD and certain multi-specialty practitioners (e.g.
gynecologists, internists, surgeons) were parties to agreements
pursuant to which MSPs were employed by NRAD, certain assets
require acquired and certain obligations were assumed.

NRAD Medical sought Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 15-72898) in Central Islip, New York, on July 7,
2015.  The case is assigned to Judge Louis A. Scarcella.

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

The Debtor is represented by Anthony C Acampora, Esq., at Silverman
Acampora LLP, in Jericho, New York.

                           *     *     *

On Aug. 13, 2015, the U.S. Trustee appointed David Kaplan, M.D.,
Henry Schein, Julian Safir, M.D., Nuclear Diagnostic Products and
415 Northern Blvd. Realty to the Official Committee of Unsecured
Creditors.  The Committee tapped Farrell Fritz, P.C. as counsel.

On Sept. 10, 2015, the Court approved the sale of substantially all
of the assets of the Debtor's RT Practice to St. Francis Hospital,
Roslyn, NY, or its designee, free and clear of all liens, and
claims.  On Sept. 24, 2015, the Court entered an order approving
the RT Sale.  On Oct. 14, 2015, the Debtor filed its notice of
closing and effective date with respect to the RT sale.


OI SA: Brazil Court Agrees to Protect Company From Creditors
------------------------------------------------------------
Reuters reported that a Brazilian court accepted Oi SA's bankruptcy
protection petition, allowing the country's largest phone company
to move ahead with plans to reorganize operations and restructure
65.4 billion reais ($20.2 billion) of debt.

According to the report, citing a court statement, the decision was
made by judge Fernando Viana of the 7th Commercial Branch of Rio de
Janeiro's Justice Tribunal who will supervise the reorganization on
behalf of Oi and creditors.  Viana said he accepted the petition
because of the company's importance to the Brazilian economy, to
ensure an organized restructuring of Oi's debts and to protect its
suppliers, 70 million clients, 140,000 employees and taxes Oi pays
to the Brazilian government, the report related, further citing the
statement.

"We are committed to continue investing to improve the quality of
mobile, broadband, pay TV and fixed line telephone services to meet
the needs of our clients," said Marco Schoeder, Oi's chief
executive, after the petition was accepted, the report further
related.

                          About Oi SA

Headquartered in Rio de Janeiro, and operating almost exclusively
within Brazil, the Oi Group provides services like fixed-line data
transmission and network usage for phones, internet, and cable,
Wi-Fi hot-spots in public areas, and mobile phone and data
services, and employs approximately 142,000 direct and indirect
employees.

Ojas N. Shah filed a Chapter 15 petition for Oi S.A. (Bankr.
S.D.N.Y. Case No. 16-11791), Oi Movel S.A. (Bankr. S.D.N.Y. Case
No. 16-11792), Telemar Norte Leste S.A. (Bankr. S.D.N.Y. Case No.
16-11793), and Oi Brasil Holdings Cooperatief U.A. (Bankr. S.D.N.Y.
Case No. 16-11794) on June 21, 2016.  The case is assigned to Judge
Sean H. Lane.

The Chapter 15 Petitioner is represented by John K. Cunningham,
Esq., and Mark P. Franke, Esq., at White & Case LLP, in New York;
and Jason N. Zakia, Esq., Richard S. Kebrdle, Esq., and Laura L.
Femino, Esq., at White & Case LLP, in Miami, Florida.


ONE BREWERY PLACE: Taps Thompson Law Group as Legal Counsel
-----------------------------------------------------------
One Brewery Place, Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to hire Thompson Law
Group, P.C. as its legal counsel.

The firm will provide these services in connection with One
Brewery's Chapter 11 case:

     (a) give legal advice with respect to One Brewery's powers
         and duties as a debtor-in-possession;

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

     (c) prepare legal papers and provide other necessary
         services.

The firm's professionals and their hourly rates are:

     Attorneys              $275
     Paralegals              $90
     General office staff    $45

Brian Thompson, Esq., at Thompson Law Group, disclosed in a court
filing that the firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Brian C. Thompson
     Thompson Law Group, P.C.
     125 Warrendale-Bayne Road, Suite 200
     Warrendale, PA 15086
     Phone: (724) 799-8404
     Fax: (724) 799-8409
     bthompson@thompsonattorney.com

                    About One Brewery Place

One Brewery Place, Inc. is the owner of a real estate located in
Pennsylvania, which is being rented by Beaver Valley Bowling, Inc.
The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Penn. Case No. 16-22314) on June 23, 2016.


ONTARIO CENTURY: Selling 3 Residential Condo Units for $315K
------------------------------------------------------------
Ontario Century Property, LLC, on July 13, 2016 at 10:30 a.m. will
ask approval from Judge Timothy A. Barnes of the U.S. Bankruptcy
Court for the Northern District of Illinois, Eastern Division, of
its motion to sell its three residential units located at 182 West
Lake Street, Chicago Illinois to Anthony Ferro for $105,000 per
residential unit.

As of the bankruptcy filing, the Debtor was the record title owner
of one commercial condominium unit (#200) and three residential
condominium units (#304, #311 and #400) located at 182 West Lake
Street, Chicago, IL.

Pursuant to Commercial Real Estate Purchase and Sales Agreements,
Anthony Ferro has agreed to purchase the residential units at
$105,000 per residential unit.

The Debtor proposes to pay all the usual and customary expenses and
prorations at the time of closing, including reasonable attorney's
fees to its special counsel, William WOloshin.  The Debtor will be
fiing a motion to retain WOloshin as special counsel to perform
services to the Debtor including, but not limited to, reviewing the
contracts to sell real estate, making any necessary changes thereto
and preparing the necessary closing documents.

                  About Ontario Century Property

Ontario Century Property, LLC, sought Chapter 11 protection (Bankr.
N.D. Ill. Case No. 15-34713) on Oct. 13, 2015.  Joel A. Schechter,
Esq., at Law Offices of Joel Schechterm serves as the Debtor's
counsel.  The Debtor estimated assets of $0 to $50,000 and $500,001
to $1 million in liabilities.


PACIFIC WEBWORKS: Dynamic Webtools Assets Sale for $15K Approved
----------------------------------------------------------------
William T. Thurman of the U.S. Bankruptcy Court for the District of
Utah, Central Division, authorized Pacific Webworks, Inc, to sell
all assets ("Assets") of Dynamic Webtools, Inc., a subsidiary of
the Debtor, to Tanner J. Purser for $15,000.

The sale is free and clear of liens, claims, encumbrances, pledges,
mortgages, security interests, charges, options, and other
interests.

The Court conducted a hearing on the Motion on June 22, 2016.
Having reviewed and considered the Motion, Judge Thurman held that
$15,000 purchase price to be paid by Mr. Purser for the Assets is
fair and reasonable, the highest and best offer the Debtor received
for the Assets, and will provide a greater recovery for the
Debtor's creditors than would any other practical alternative.

                      About Pacific WebWorks

Pacific WebWorks, Inc., previously known as Asphalt Associates, was
an application service provider and software development company.

Pacific WebWorks sought Chapter 11 protection (Bankr. D. Utah Case
No. 16-21223) on Feb. 23, 2016 to pursue an orderly liquidation of
its assets. It estimated assets and debt of $1 million to $10
million.

The Debtor tapped George B. Hofmann of Cohne Kinghorne as counsel.
The Debtor also engaged Rocky Mountain Advisory as an independent
contractor to provide management services, and appointed Gil Miller
as chief restructuring officer.


PATELKA DENTAL: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Patelka Dental Management, LLC
        8332 Bustleton Street
        Philadelphia, PA 19152

Case No.: 16-14743

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Magdeline D. Coleman

Debtor's Counsel: Anne M. Aaronson, Esq.
                  DILWORTH PAXSON LLP
                  1500 Market Street, Suite 3500E
                  Philadelphia, PA 19102
                  Tel: 215-575-7000
                  Fax: 215-575-7000
                  E-mail: aaaronson@dilworthlaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Svetlana Kutovoy, president.

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


PEAK WEB: Sec. 341 Meeting of Creditors Set for July 15
-------------------------------------------------------
The meeting of creditors of Peak Web LLC is set to be held on July
15, 2016, at 12 noon, according to a filing with the U.S.
Bankruptcy Court for the District of Oregon.

The meeting will be held at:

       US Trustee's Office
       620 SW Main St., Rm 223
       Portland, OR 97205

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

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

                         About 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.



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

The activist bloggers highlight Lawnddale Capital's voting
intentions. They note that, "On Friday, July 1, 2016, Andrew
Shapiro, of Lawndale Capital Management, in Mill Valley,
California, announced his voting intentions for PICO Holdings. RPN
gives Mr. Shapiro a high five for a proxy card that is
perfectly-aligned with PICO shareowner interests.

The bloggers compliment Mr. Shapiro, writing that he "eloquently
explains that Howard Brownstein bears considerable responsibility
for the removal of cumulative voting rights in the Delaware
Reincoporation proposal. While RPN criticized the proposed
Reincorporation's lack of cumulative voting rights, we failed to
hold Mr. Brownstein accountable, as Mr. Shapiro appropriately
does.

Second, in a related point, Mr. Shapiro reminds PICO shareowners
that Mr. Brownstein and Kenneth "The Slug" Slepicka seek reelection
for 3-year terms. Mr. Shapiro correctly notes that PICO could have
declassified its Board in a more shareholder-friendly way, through
immediate one-year terms. Instead, PICO prolonged Board
declassification as much as possible, and Mr. Shapiro is reluctant
to commit his votes to Directorships under such conditions. Mr.
Shapiro also appropriately notes that Mr. Brownstein bears greater
responsibility for this shortcoming, due to his service on the
Corporate Governance and Nominating Committee."

Mr. Shapiro's release is provided in its entirety below:

Lawndale Capital Management Announces Voting Intent on PICO
Holdings Proposals

Voting AGAINST ALL Proposals Except FOR the #5 De-Stagger and #3
Auditor Proposals

Lawndale Capital Management and its affiliated funds are
shareholders of PICO Holdings, Inc. (NASDAQ:PICO). Upon review and
analysis of information available for PICO's upcoming July 11, 2016
Annual Meeting, Lawndale intends to vote its shares as follows:

Proposal 1a: AGAINST - re-election of Howard Brownstein

Proposal 1b: AGAINST - re-election of Kenneth Slepicka

Proposal 2: AGAINST - ratification of Named Executive Officer
compensation ("Say-On-Pay")

Proposal 3: FOR - ratification of auditors

Proposal 4: AGAINST - changing state of incorporation from
California to Delaware

Proposal 5: FOR - amendments to eliminate the classified board
structure ("De-Stagger")

Proposal 6: AGAINST - authority to adjourn the Meeting to solicit
additional re-incorporation votes

Lawndale's voting decision with respect to Proposal #1b, AGAINST
re-election of Director Slepicka is influenced by his long board
tenure during a period of sizable shareholder value destruction,
excessive CEO compensation, and disturbing revelations regarding
conflicts of interest involving investments by PICO and separately
by PICO's CEO John Hart into Director Slepicka's company,
Synthonics, Inc. These influences are magnified by the unnecessary
sub-optimal 3-year staggered duration to Mr. Slepicka's proposed
director term in advance of implementation of Proposal #5 (which we
favor) to de-classify director terms to 1-year.

Lawndale's voting decision with respect to proposal #4, AGAINST
re-incorporating PICO from California to a new Delaware corporation
is influenced by clear restrictions/risks imposed on shareholders
(eg. removal of cumulative voting rights, creation of unrestricted
"blank check" preferred shares, etc.) in the ("NewCo") PICO
articles of incorporation that greatly outweigh the prospective
benefits incorporating in Delaware might offer. We note that a new
improved reincorporation proposal with Delaware Articles that
better preserve shareholder rights could be presented to
shareholders by either written consent or shareholder meeting
immediately following proposal #4's defeat. Lawndale would
favorably consider a proposal containing similar Delaware Articles
to the current Proposal #4 but having cumulative voting rights,
while also limiting use of new preferred shares to solely
protecting PICO's tax NOLs.

Lawndale's voting decision with respect to Proposal #1a, AGAINST
re-election of Director Brownstein is influenced by a combination
of both the company's poor current response to legitimate
shareholder concerns regarding Mr. Slepicka and the removal of
shareholder's cumulative voting rights in the Articles of
Incorporation of the proposed new Delaware corporation. Director
Brownstein chairs PICO's Audit Committee and also serves on PICO's
Governance Committee, both of whose charters govern these actions
or lack of actions. These influences are magnified by the
unnecessary sub-optimal 3-year staggered duration to Mr.
Brownstein's proposed director term in advance of implementation of
Proposal #5 (which we favor) to de-classify director terms to
1-year.

While we note PICO's late June 29, 2016 response to shareholder
River Road's earlier inquiry addresses some, but not all, of our
concerns regarding Mr. Brownstein's Audit Committee work, we also
note that PICO's Governance Committee that Mr. Brownstein serves on
chose, among other faster options, the slowest and least desirable
route to de-stagger PICO's director terms. This slower route flies
in the face of a clear mandate sent by shareholders who have
suffered from sizable shareholder value destruction made worse by
excessive CEO compensation. If there ever were a public company
board in need of annual accountability, PICO's is one of the top
candidates.

Lawndale would favorably consider a re-incorporation proposal
containing similar Delaware Articles to the current Proposal #4 but
having cumulative voting rights, while also limiting use of new
preferred shares to solely protecting PICO's tax NOLs.
Additionally, Lawndale would favorably consider a re-nomination of
Mr. Brownstein to PICO's board but for only a 1-year term,
implementing the company's de-classification a year earlier than
proposed.


PLANDAI BIOTECHNOLOGY: Incurs $10 Million Net Loss in Fiscal 2015
-----------------------------------------------------------------
Plandai Biotechnology, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$10.07 million on $92,898 of revenues for the year ended June 30,
2015, compared to a net loss of $16.04 million on $265,735 of
revenues for the year ended June 30, 2014.

As of June 30, 2015, Plandai had $8.50 million in total assets,
$16.82 million in total liabilities and a stockholders' deficit of
$8.31 million.

Pritchett, Siler & Hardy P.C., in Farmington, Utah, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2015, citing that the Company Company
suffered a loss from operations during the years ended June 30,
2015 and 2014, has yet to establish a reliable, consistent and
proven source of revenue to meet its operating costs on an ongoing
basis and currently does not have sufficient available funding to
fully implement its business plan.  These factors raise substantial
doubt about its ability to continue as a going concern.

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

                        https://is.gd/b6Wvkn

                           About Plandai

Based in Goodyear, Arizona, Plandai Biotechnology, Inc., through
its recent acquisition of Global Energy Solutions, Ltd., and its
subsidiaries, focuses on the farming of whole fruits, vegetables
and live plant material and the production of proprietary
functional foods and botanical extracts for the health and
wellness industry.  Its principle holdings consist of land, farms
and infrastructure in South Africa.


PLUG POWER: Closes $40 Million Loan Facility with Hercules Capital
------------------------------------------------------------------
Plug Power Inc. has closed on a long-term loan facility for up to
$40 million with Hercules Capital.  The proceeds will be used for
working capital and general corporate purposes.  The facility has a
three year term, is secured by a first priority all-asset lien, and
has an interest rate of 10.45 percent per annum.  Canaccord Genuity
and Oppenheimer & Co. Inc. acted as joint advisors on the debt
financing.

Hercules Capital, based in Palo Alto, CA, is one of the largest
specialty finance companies and leading provider of structured debt
to a range of technology companies and industries.  Since inception
in 2003, Hercules has committed more than $5.9 billion to over 350
companies and is the lender of choice for firms seeking growth
capital financing.  A perfect fit for Plug Power's needs, Hercules
is uniquely positioned to quickly create innovative financing
solutions that fit within a company's existing capital structure
and map to its business objectives.

"Hercules Capital is a great strategic partner to align with given
their experience, size and ability to play an evolving role as Plug
Power continues to grow," said Andy Marsh, CEO for Plug Power.
"Our primary goal for both current and future capital initiatives
is to leverage the best overall financing solutions that provide
liquidity and overall economics, while avoiding equity dilution of
Plug Power's shareholders."

In addition to closing the Hercules loan facility, Plug Power has
converted the short-term $25 million borrowing it closed in the
first quarter with its strategic project finance partner to
long-term project financing for certain deployments completed in
the first half of 2016.  This initiative broadens Plug Power's long
term view with this strategic partner and sets the stage for follow
on project financing support.

"Completing these second quarter financing transactions are
additional key steps in our long term capital strategy," said Paul
Middleton, CFO for Plug Power.  "These measures and other near term
initiatives will help drive continued growth in both sales and
profitability."

Plug Power continues to actively develop additional long-term
project financing solutions that can provide an attractive
structure in the short-term, and give the Company flexibility and
the option for greater return on investment in the long-term.  Plug
Power will discuss its project financing initiatives and capital
strategy in more detail during its upcoming 2016 second quarter
results conference call in early August.

                       About Plug Power

Plug Power Inc. is a provider of alternative energy technology
focused on the design, development, commercialization and
manufacture of fuel cell systems for the industrial off-road
(forklift or material handling) market.

Plug Power reported a net loss attributable to the Company of $55.7
million on $103 million of total revenue for the year ended Dec.
31, 2015, compared to a net loss attributable to the Company of
$88.5 million on $64.2 million of total revenue for the year ended
Dec. 31, 2014.

As of Dec. 31, 2015, Plug Power had $209 million in total assets,
$83.6 million in total liabilities, $1.15 million in series C
redeemable convertible preferred stock and $125 million in total
stockholders' equity.

                        Bankruptcy Warning

"Our cash requirements relate primarily to working capital needed
to operate and grow our business, including servicing operating
lease agreements, funding operating expenses, growth in inventory
to support both shipments of new units and servicing the installed
base, funding the growth in our GenKey "turn-key" solution which
also includes the installation of our customer's hydrogen
infrastructure as well as delivery of the hydrogen fuel, and
continued development and expansion of our products.  Our ability
to achieve profitability and meet future liquidity needs and
capital requirements will depend upon numerous factors, including
the timing and quantity of product orders and shipments; attaining
positive gross margins; the timing and amount of our operating
expenses; the timing and costs of working capital needs; the timing
and costs of building a sales base; the ability of our customers to
obtain financing to support commercial transactions; our ability to
obtain financing arrangements to support the sale or leasing of our
products and services to customers and the terms of such agreements
which may require us to pledge or restrict substantial amounts of
our cash to support these financing arrangements; the timing and
costs of developing marketing and distribution channels; the timing
and costs of product service requirements; the timing and costs of
hiring and training product staff; the extent to which our products
gain market acceptance; the timing and costs of product development
and introductions; the extent of our ongoing and new research and
development programs; and changes in our strategy or our planned
activities.  If we are unable to fund our operations with positive
cash flows and cannot obtain external financing, we may not be able
to sustain future operations.  As a result, we may be required to
delay, reduce and/or cease our operations and/or seek bankruptcy
protection," the Company stated in its annual report for the year
ended
Dec. 31, 2015.


POLLYANNA LLC: Hires Gregory M. Seigel CPA as Accountant
--------------------------------------------------------
Pollyanna, LLC, asks for authorization from the U.S. Bankruptcy
Court for the Central District of California to employ Gregory M.
Seigel CPA as Certified Public Accountant for the estate, as of
March 14, 2016.

Mr. Seigel will prepare and file the Debtor's 2012-2015 tax
returns.  Mr. Seigel will charge the Debtor $2,700 for preparation
and filing of Debtor's 2012-2015 tax returns.  Doug Reed, the
Debtor's managing member will pay Mr. Seigel's fees.

Mr. Seigel assures the Court that he has no connection With the
Debtor, or principles of the Debtor, that he has no relationship or
connection with the Debtor's creditors or other parties in interest
or their respective attorneys, and that at the time the petition
was filed, he was not a creditor of the estate.

The accountant can be reached at:

     Gregory M. Seigel
     Certified Public Accountant
     Certified Financial Planner
     18321 Ventura Boulevard, Suite 915
     Tarzana, CA 91356
     Tel: (818) 385-0284
     Fax: (818) 385-0286
     E-mail: gseigel@sagepointadvisor.com

Pollyanna Properties LLC, based in Calabasas, California, filed a
Chapter 11 petition (Bankr. C.D. Cal. Case No. 16-11430) on May 11,
2016.  The Hon. Maureen Tighe presides over the case.  Matthew D.
Resnik, Esq., at SIMON RESNIK HAYES LLP, serves as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Douglas
James Reed, managing member.


PRATT WELL: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Pratt Well Service, Inc.
        PO Box 847
        Pratt, KS 67124

Case No.: 16-11224

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       District of Kansas (Wichita)

Judge: Hon. Robert E. Nugent

Debtor's Counsel: J. Michael Morris, Esq.
                  KLENDA AUSTERMAN LLC
                  301 N Main, Suite 1600
                  Wichita, KS 67202
                  Tel: (316) 267-0331
                  E-mail: jmmorris@klendalaw.com

Total Assets: $7.47 million

Total Liabilities: $4.94 million

The petition was signed by Kenneth C. Gates, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ksb16-11224.pdf


PROGRESSIVE ACUTE CARE: Committee Taps Sills Cummis as Counsel
--------------------------------------------------------------
The official committee of unsecured creditors of Progressive Acute
Care, LLC seeks approval from the U.S. Bankruptcy Court for the
Western District of Louisiana to hire Sills Cummis & Gross P.C. as
its legal counsel.

The committee tapped the firm to provide these services in
connection with the Chapter 11 cases of Progressive Acute Care and
its affiliates:

     (a) provide legal advice regarding the committee's rights,
         powers and duties;

     (b) prepare legal papers;

     (c) represent the committee in all matters arising in the
         Debtors' cases, including any dispute or issue with the
         Debtors or other third parties;

     (d) assist the committee in its investigation and analysis of

         the Debtors and their capital structures; and

     (e) represent the committee in all aspects of any sale and
         bankruptcy plan confirmation proceedings.

Sills Cummis has agreed to reduce these current hourly rates of its
attorneys and paralegals by 20 percent:

     Members        $400 - $740
     Of Counsel     $375 - $725
     Associates     $295 - $495
     Paralegals     $100 - $295          

Meanwhile, the primary attorneys who are anticipated to represent
the committee and their respective discounted hourly rates are:

     Andrew H. Sherman        $525
     Boris I. Mankovetskiy    $475
     Lucas F. Hammonds        $350

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

The firm can be reached through:

     Andrew H. Sherman
     Boris I. Mankovetskiy
     Lucas F. Hammonds
     Sills Cummis & Gross P.C.
     One Riverfront Plaza
     Newark, New Jersey 07102
     Tel.: 973-643-7000
     Fax: 973-643-6500

                     About Progressive Acute Care

Progressive Acute Care, LLC and its three affiliates sought
protection under Chapter 11 of the Bankruptcy Code in the Western
District of Louisiana (Case No. 16-50740) on May 23, 2016.  The
cases are jointly administered under Case No. 16-50740.


RANCHO ARROYO: Seeks to Hire Coldwell Banker as Broker
------------------------------------------------------
Rancho Arroyo Grande LLC seeks approval from the U.S. Bankruptcy
Court for the Central District of California to hire Coldwell
Banker Residential Brokerage.

The Debtor tapped the firm to serve as its broker in connection
with the sale of its real property located at 1530 Roble Drive,
Santa Barbara, California.

Pursuant to its agreement with the Debtor, the firm will offer the
real property for sale as exclusive sales agent until Dec. 12,
2016, for a listing price of $11.5 million.

If an offer to sell the property is received during the exclusive
listing period and the offer is accepted, the firm will be entitled
to a commission of 5% of the sale price.

Linda Lorenzen-Hughes, a real estate broker employed by Coldwell
Banker, disclosed in a court filing that the firm is
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Linda Lorenzen-Hughes
     Coldwell Banker Residential Brokerage
     3938 State Street
     Santa Barbara, California 93105

The Debtor can be reached through its counsel:

     Karen L. Grant, Esq.
     The Law Offices of Karen L. Grant
     924 Anacapa St Ste 1M
     Santa Barbara, CA 93101
     Tel: 805-962-4413
     Fax: 805-568-1641
     Email: kgrant@silcom.com

                        About Rancho Arroyo

Rancho Arroyo Grande LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 15-12171) on October
30, 2015.  The petition was signed by Christopher J. Conway,
managing member.  

The case is assigned to Judge Peter Carroll.

At the time of the filing, the Debtor disclosed $18.33 million in
assets and $14.64 million in liabilities.


REINSURANCE GROUP: Fitch Rates Subordinated Debt Due 2056 'BB+'
---------------------------------------------------------------
Fitch Ratings has downgraded Reinsurance Group of America, Inc.'s
(RGA) Long-Term Issuer Default Rating (IDR) to 'BBB+' from 'A-' and
the Insurer Financial Strength (IFS) rating of RGA Reinsurance
Company (RGA Reinsurance) to 'A' from 'A+'. The Rating Outlook is
Stable.

At the same time, Fitch has assigned a 'BBB' rating to RGA's
recently issued $400 million of 3.95% senior notes due 2026 and a
'BB+' rating to RGA's recently issued $400 million of 5.75% fixed
to floating rate subordinated debt due 2056. Proceeds were used for
general corporate purposes and to pre-fund the March 2017 maturity
of $300 million of senior debt. Under Fitch's methodology, a
baseline recovery assumption of 'Poor' and non-performance risk
assessment of 'Minimal' was applied to the subordinated notes.
Therefore, the notes were notched down three rating levels from the
holding company's Long-Term IDR. These securities receive no equity
credit in Fitch's financial leverage ratio.

The downgrade reflects the impact of the recent issuance on
financial leverage. Pro forma financial leverage following the June
2016 issuance and the March 2017 maturity is 35%, the highest in
Fitch's rated universe of North American life insurance companies.
The downgrade also considers operating challenges in its core
traditional life reinsurance business in the U.S., which has been
subject to competitive pricing and declining cession rates and has
caused the company to look for growth in riskier asset-intensive
businesses and increase its exposure to interest rate risk. As a
result, RGA's asset leverage (GAAP assets in relation to adjusted
equity) has increased materially over the past several years and
stood at 10x at March 31, 2016.

KEY RATING DRIVERS

Fitch views RGA's run-rate profitability as generally good,
although down from historical levels. During the first quarter of
2016, the company reported net operating income of $121 million,
down 0.8% from the same period in 2015. 2016 results were adversely
impacted by net foreign currency movements, the impact of sustained
low interest rates and somewhat elevated claims activity in Canada
and the U.K. Fitch anticipates that profitability over the medium
term will be constrained by competitive challenges in the company's
core U.S. traditional business, ongoing low interest rates, higher
interest expenses and the impact of weak foreign currencies. Fitch
believes that the group's ability to service its debt remains
sound. GAAP operating earnings-based interest coverage was 6.4x in
the first quarter of 2016, down modestly from 6.5x in the first
quarter of 2015.

Fitch is concerned about the potential for increased earnings
volatility due to a change in RGA's operating profile. RGA's
ratings are based in part on the company's historical focus on
traditional individual life mortality risk in the U.S. and Canada,
where results have been relatively stable. While individual
mortality experience is still the dominant driver of operating
earnings in the U.S. traditional segment, RGA's other business,
including long-term care, longevity risk and group life and health,
account for an increasing proportion of earnings, and that trend is
expected to continue. Fitch views this non-traditional business as
potentially riskier.

Fitch believes RGA's liquidity at the holding company level is
strong. The holding company has committed to maintain cash and
liquid assets of approximately $300 million. At March 31, 2016, the
holding company had $674 million in cash and invested assets, or
4.5x projected 2016 interest expense.

RGA Reinsurance's reported risk-based capital (RBC) ratio was 374%
at year-end 2015. Fitch views the statutory capitalization of RGA
Reinsurance as adequate, although the company relies on affiliated
captive reinsurance to manage the excess statutory reserves
associated primarily with its term-life book of business and to
maintain target capital levels. At year-end 2015, RGA Reinsurance
Company recognized $12.9 billion in reserve credit, or 733% of
year-end surplus, for reserves ceded to special-purpose captive
reinsurers. Fitch views RGA's above-average reliance on captive
reinsurance as a unique risk. New NAIC requirements regarding the
use of captive reinsurers have been introduced that will allow
RGA's current captive arrangements to remain in place but will
place limitations on its ability to utilize captives to finance
reserve growth related to future business.

RATING SENSITIVITIES

Key rating triggers that could result in a downgrade include:

-- A decline in GAAP earnings as evidenced by deterioration in
GAAP interest coverage to below 6x;
-- RBC of RGA Reinsurance drops below 300% on a sustained basis;
-- GAAP asset leverage of 12x or higher.

Key rating triggers that could result in an upgrade include:

-- RBC of RGA Reinsurance of 400% or more on a sustained basis;
-- Financial leverage maintained in the 28% range;
-- GAAP interest coverage of 9x or more;
-- GAAP asset leverage below 10x.

Key rating triggers that could result in widened notching between
the holding company and IFS rating include:

-- Holding company financial leverage maintained above 35%.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings:

-- $400 million 3.95% senior notes due Sept. 15, 2026 'BBB';
-- $400 million 5.75% fixed to floating subordinated debentures
    due June 15, 2056 'BB+'.

Fitch has downgraded the following ratings with a Stable Outlook:

Reinsurance Group of America, Inc.

-- Long-Term IDR to 'BBB+' from 'A-';
-- $300 million 5.625% senior notes due March 15, 2017 to 'BBB'
    from 'BBB+';
-- $400 million 6.45% senior notes due Nov. 15, 2019 to 'BBB'  
    from 'BBB+';
-- $400 million 5.00% senior notes due June 1, 2021 to 'BBB' from

    'BBB+';
-- $400 million 4.70% senior notes due in 2023 to 'BBB' from
    'BBB+';
-- $400 million 6.20% subordinated debt due 2042 to 'BB+' from
    'BBB-';
-- $400 million variable-rate junior subordinated debentures due
    Dec. 15, 2065 to 'BB' from 'BB+'.

RGA Reinsurance Company
-- IFS to 'A' from 'A+'.




RELATIVITY MEDIA: To Miss $30-Million Payment to Lenders
--------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal, reported that
Relativity Media LLC is expected to miss a previously scheduled $30
million payment to its lenders, according to people familiar with
the matter, raising doubts about the company's ability to stay
afloat just months after emerging from bankruptcy.

According to the report, Relativity's plan to exit chapter 11
called for founder and chief executive Ryan Kavanaugh to have
raised $50 million in new equity, enough to pay off at least $30
million Relativity owes to a group of hedge funds that bought the
Hollywood studio's more-lucrative TV unit in October.  But people
familiar with the situation say Mr. Kavanaugh has yet to raise the
new funding and has sought an extension of the $30 million payment,
the report related.  These people say that the funds will likely
give Mr. Kavanaugh more time to come up with the cash, the report
said.

"We have concluded an agreement with a large strategic partner
involving new equity," Mr. Kavanaugh said, though he declined to
say how much, the report further related.

"Relativity is pleased with its progress to date and excited about
its upcoming releases," spokesman Edward Adler said, the report
added.  "We are on target with our expectations and feel optimistic
about the future."

                   About Relativity Fashion

Relativity -- http://relativitymedia.com/-- is a next-generation  

global media company engaged in multiple aspects of content
production and distribution, including movies, television, sports,
digital and music.  More than just a collection of
entertainment-related businesses, Relativity is a content engine
with the ability to leverage each of these business units,
independently and together, to create content across all mediums,
giving consumers what they want, when they want it.

Relativity Studios, the Company's largest division, has produced,
distributed or structured financing for more than 200 motion
pictures, generating more than $17 billion in worldwide box-office
revenue and earning 60 Oscar nominations.  Relativity's films
include Oculus, Safe Haven, Act of Valor, Immortals, Limitless,
and The Fighter.

Relativity Media LLC and its affiliates, including Relativity
Fashion, LLC, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 15-11989) on July 30, 2015.  The
case is assigned to Judge Michael E. Wiles.

The Debtors are represented by Craig A. Wolfe, Esq., Malani J.
Cademartori, Esq., and Blanka K. Wolfe, Esq., at Sheppard Mullin
Richter & Hampton LLP, in New York; and Richard L. Wynne, Esq.,
Bennett L. Spiegel, Esq., and Lori Sinanyan, Esq., at Jones Day,
in New York.

Brian Kushner of FTI Consulting, Inc., serves as chief
restructuring officer and crisis and turnaround manager.  Luke
Schaeffer of FTI Consulting, Inc., serves as deputy CRO.

Blackstone Advisory Partners L.P. serves as the Debtors'
investment banker.  The team is led by Timothy Coleman, Senior
Managing Director, CJ Brown, Senior Managing Director, Paul
Sheaffer, Vice President, and Joseph Goldschmid, Associate.

The Debtors' noticing and claims agent is Donlin, Recano &
Company, Inc.

                          *     *     *

An investor group composed of Anchorage Capital Group, L.L.C.,
Falcon Investment Advisors, LLC and Luxor Capital Group, LP on
Oct. 21, 2015, completed its purchase of the assets of Relativity
Television.

After selling their TV business, the Debtors and CEO Ryan C.
Kavanaughfiled a proposed plan of reorganization that will allow
the Debtors to reorganize their non-TV business units with a
substantially de-levered balance sheet utilizing new equity
investments and new financing.  

Jim Cantelupe, of Summit Trail Advisors, LLC, assisted the Debtors
in raising up to $100 million of new equity to fund the Plan.

The Bankruptcy Court on Feb. 8, 2016 confirmed the Debtors' Fourth
Amended Plan.  A copy of the Fourth Amended Plan is available at
http://is.gd/wZI1gd


RIO CONSTRUCTION: Hires Buechler & Garber as Bankruptcy Counsel
---------------------------------------------------------------
Rio Construction Services, LLC, seeks permission 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.

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 desires to 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 creditor or party in interest
adverse to the interest of the Debtor, and that the Firm is
disinterested as defined by 1 1 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.

The Firm can be reached at:

        Aaron A. Garber, Esq.
        Buechler & Garber, LLC
        99918th Street, Suite 12303
        Denver, CO 80202
        Tel: (720) 38 1-0045
        Fax: (720) 381-0382
        E-mail: aaron@bandg1awoffice.com

Rio Construction Services, LLC, is 3 Brighton Colorado company,
with its primary business focusing on construction services and
trucking transportation Operations.  It filed for Chapter 11
bankruptcy protection (Bankr. D. Colo. Case No. 16-13130) on April
4, 2016.  The Debtor is represented by Aaron A Garber, Esq., at
Buechler & Garber, LLC.


ROOMSTORES OF PHOENIX: Hires Cunningham & Assoc. as Auctioneer
--------------------------------------------------------------
The RoomStores of Phoenix, L.L.C., dba The RoomStore, asks for
authorization from the U.S. Bankruptcy Court for the District of
Arizona to employ Cunningham & Associates to conduct an auction
sale of the Debtor's hard assets and remaining inventory.

The Debtor wishes to employ Auctioneer to conduct an auction of the
Remaining Assets located at the Warehouse.  The Auctioneer has
inspected the Remaining Assets and determined the most efficient
way to auction the Remaining Assets.

George Cunningham, the principal of the Auctioneer, says that he
believes the mezzanine can be sold for somewhere between $10,000
and $100,000.  "I plan to make the mezzanine available for sale in
several lots which I believe will make the mezzanine more
marketable and may bring in a higher price to the estate.  In my
opinion, removal of the mezzanine will take between five and seven
days and will cost between $30,000 and $40,000.  In my professional
opinion, the Remaining Assets without the mezzanine are worth
approximately $20,000," Mr. Cunningham states.

The Auctioneer will receive 25% of the gross sale price of the
assets sold plus the actual costs incurred in the auction.  After
the auction, the Auctioneer will deduct its fee of 25% and the
costs of the sale and will then remit the remainder to the Debtor.


Mr. Cunningham assures the Court that neither he, nor any other
employee of the Auctioneer: (i) is a creditor, interest holder or
insider of Debtor; (ii) holds or represents any interest adverse to
the Debtor’s estate or the Debtor's creditors; (iii) has any
direct or indirect relationship to, connection with, or interest in
the Debtor; or (iii) is or has been a director, officer or employee
of the Debtor.

The Auctioneer can be reached at:

     Cunningham & Associates
     Shannon Flowers
     6502 N. 27th Ave
     Phoenix, AZ 85017
     Tel: (602) 595-6714
     E-mail: shannon@auctionaz.com
     Website: www.auctionaz.com

The attorneys for the Debtor can be reached at:

     Carolyn J. Johnsen, Esq.
     Katherine Anderson Sanchez, Esq.
     DICKINSON WRIGHT PLLC
     1850 North Central Avenue, Suite 1400
     Phoenix, Arizona 85004
     Tel: (602) 285-5000
     Fax: (602) 285-5100
     E-mail: cjjohnsen@dickinsonwright.com
             ksanchez@dickinsonwright.com

The special conflicts counsel for Debtor can be reached at:

     Michael W. Carmel, Esq.
     LAW OFFICES OF MICHAEL W. CARMEL, LTD.
     80 East Columbus Avenue
     Phoenix, Arizona 85012-2334
     Tel: (602) 264-4965
     Fax: (602) 277-0144
     E-mail: michael@mcarmellaw.com

The attorneys for the U.S. Trustee can be reached at:

     Jennifer Giaimo
     U.S. TRUSTEE'S OFFICE
     230 N. First Avenue, Suite 204
     Phoenix, AZ 85003
     E-mail: jennifer.a.giaimo@usdoj.gov
             ustpregion14.px.ecf@usdoj.gov

The attorneys for International Rug Group, LLC, Watch Hill
Furniture Capital, LLC, and SB Capital Group, LLC, can be reached
at:

     Robert A. Boghosian, Esq.
     COHEN TAUBER SPIEVACK & WAGNER P.C.
     420 Lexington Avenue, Suite 2400
     New York, NY 10170
     E-mail: rboghosian@ctswlaw.com

          -- and --

     Dale C. Schian, Esq.
     Scott R. Goldberg, Esq.
     SCHIAN WALKER, P.L.C.
     1850 North Central Avenue, #900
     Phoenix, AZ 85004-4531
     E-mail: ecfdocket@swazlaw.com


The attorneys for Arizona Cardinals Football Club LLC and New
Cardinals Stadium, LLC, can be reached at:

     John R. Clemency, Esq.
     Lindsi M. Weber, Esq.
     GALLAGHER & KENNEDY P.A.
     2575 East Camelback Road
     Phoenix, AZ 85016
     E-mail: john.clemency@gknet.com
             lindsi.weber@gknet.com

The attorneys for Michigan Retail Services, Inc., dba Retailers
Processing Network can be reached at:

     Jordan A. Kroop, Esq.
     Bradley A. Cosman, Esq.
     PERKINS COIE LLP
     2901 N. Central Avenue, Suite 2000
     Phoenix, AZ 85012
     E-mail: jkroop@perkinscoie.com
             bcosman@perkinscoie.com

          -- and --

     Richard M. Bendix, Esq.
     DYKEMA GOSSETT PLLC
     10 South Wacker Drive, Suite 2300
     Chicago, IL 60606
     E-mail: rbendix@dykema.com

The attorneys for Daniel Selznick can be reached at:

     Randy Nussbaum, Esq.
     NUSSBAUM GILLIS & DINNER, P.C.
     14850 North Scottsdale Road, Suite 450
     Scottsdale, AZ 85254
     E-mail: rnussbaum@ngdlaw.com

The conflicts counsel for the Debtor can be reached at:

     Michael W. Carmel, Esq.
     MICHAEL W. CARMEL, LTD.
     80 East Columbus Avenue
     Phoenix, AZ 85012
     E-mail: michael@mcarmellaw.com

The attorneys for Paradise Valley Festival 04 A, LLC, can be
reached at:

     Don C. Fletcher, Esq.
     LAKE & COBB, P.L.C.
     1095 W. Rio Salado Parkway, Suite 206
     Tempe, AZ 85281
     E-mail: dfletcher@lakeandcobb.com

The attorneys for Albany Industries, Inc., can be reached at:

     D. Andrew Phillips, Esq.
     MITCHELL, MCNUTT & SAMS, P.A.
     P.O. Box 947
     Oxford, MS 38655-0947
     E-mail: aphillips@mitchellmcnut.com

The attorneys for the Arizona Department of Revenue can be reached
at:

     Matthew A. Silverman
     ARIZONA ATTORNEY GENERAL'S OFFICE
     1275 West Washington Street
     Phoenix, AZ 85007
     E-mail: matthew.silverman@azag.gov
             stephanie.paine@azag.gov

The attorneys for Maricopa County Treasurer can be reached at:

     Lori A. Lewis
     MARICOPA COUNTY ATTORNEY'S OFFICE
     Civil Services Division
     Security Center Building
     222 N. Central Avenue, Suite 1100
     Phoenix, AZ 85004
     E-mail: lewisl01@mcao.maricopa.gov

The attorneys for the Official Committee of Unsecured Creditors can
be reached at:

     Clifford A. Katz, Esq.
     PLATZER, SWERGOLD, LEVINE, GOLDBERG, KATZ & JASLOW, LLP
     475 Park Avenue South, 18th Floor
     New York, NY 10016
     E-mail: ckatz@platzerlaw.com

The Arizona Attorney General can be reached at:

     Mark Brnovich
     ARIZONA ATTORNEY GENERAL
     Civil Litigation Division
     CONSUMER PROTECTION & ADVOCACY SECTION
     1275 West Washington Street
     Phoenix, AZ 85007
     E-mail: stephanie.paine@azag.gov

Official Committee of Unsecured Creditors can be reached at:

     Magnussen Home Furnishings Ltd.
     Attention: Tracey Skipp, MBA, CCP
     1-66 Hincks Street
     New Hamburg ON, N3A2A3
     E-mail: tskipp@magnussen.com

     Suns Legacy Partners, L.L.C., dba Phoenix Suns; Phoenix Arena
     Development Limited Partnership
     Attention: Melissa Goldenberg, Vice President/General Counsel
     c/o W. Scott Jenkins, Jr. and Alissa Brice, Quarles & Brady
     Two North Central Avenue
     Phoenix, AZ 85004
     E-mail: scott.jenkins@quarles.com
             alissa.brice@quarles.com

     Tempur Sealy International, Inc.
     Attention: Lou Jones, EVP-General Counsel
     1000 Tempur Way
     Lexington, KY 40511
     E-mail: lou.jones@tempursealy.com

     Progressive Furniture, Inc.
     Attention: John Boring, Vice President of Finance
     502 Middle Street
     Archbold, OH 43502
     E-mail: johnb@progressivefurniture.com

     HTL Furniture Inc.
     Attention: Michael Ling, Vice President of Operations
     3675 E. Huntingtin Drive, Suite 100
     Pasadena, CA 91107
     E-mail: michael.ling@us.htlinternational.com

     Guard Master, Inc.
     Attention: Dan Carmichael, Controller
     110 Bi-County Blvd., Suite 101
     Farmingdale, NY 11735
     E-mail: dcarmichael@bedgear.com

Attorneys for landlords Dobson IV Silos LLLP, Dobson IV
Silos-Scottsdale, LLC, Dobson Silos Ownership Company, LLC, DJD
Ownership Company, LLC and DJD Property Holdings, LLC, can be
reached at:

     Roberta Livesay, Esq.
     HELM, LIVESAY & WORTHINGTON, LTD.
     1619 East Guadalupe Road, Suite One
     Tempe, AZ 85283
     E-mail: livesay.roberta@hlwaz.com
             office@hlwaz.com

Attorneys for landlord Developers Diversified Realty Corporation
can be reached at:

     Renee B. Weiss, Esq.
     DDRA AHWATUKEE FOOTHILLS, LLC
     3300 Enterprise Parkway
     P.O. Box 228042
     Beachwood, OH 44122
     E-mail: rweiss@ddr.com

Attorneys for landlord PV Alma School Road, LLC, can be reached
at:

     Todd A. Burgess, Esq.
     GALLAGHER & KENNEDY, P.A.
     2575 East Camelback Road
     Phoenix, AZ 85016
     E-mail: todd.burgess@gknet.com

          -- and --

     Plattner, Schneidman & Schneider, P.C.
     Attn: John Schneider
     9141 East Hidden Spur Trail
     Scottsdale, AZ 85255
     E-mail: jschneider@pssjlaw.com

Attorneys for landlord HVTC, LLC, can be reached at:

     David Wn. Engelman, Esq.
     Patrick A. Clisham, Esq.
     ENGELMAN BERGER, P.C.
     3636 N. Central Avenue, Suite 700
     Phoenix, AZ 85012
     E-mail: dwe@eblawyers.com
             pac@eblawyers.com

Landlord ACF Property Management, Inc., can be reached at:

     ACF Property Management, Inc.
     12411 Ventura Boulevard
     Studio City, CA 91604
     Fax: (818) 505-6778
     E-mail: sjetton@acfpm.com

The attorneys for landlord LIT PC, L.P., can be reached at:

     Michael A. Jones
     ALLEN MAGUIRE & BARNES, PLC
     1850 N. Central Avenue, Suite 1150
     Phoenix, AZ 85004
     E-mail: mjones@ambazlaw.com

Other landlords can be reached at:

     Abrams Realty & Management
     Attn: Daniel M. Abrams
     444 West Camelback Road
     Phoenix, AZ 85013

     SBMC Mesa, LLC
     c/o SB Management Corporation
     433 North Camden Drive, Suite 800
     Beverly Hills, CA 90210

     STORE Master Funding III, LLC
     Attn: Michael T. Bennett,
     Executive Vice President – Operations
     8501 E. Princess Drive, Suite 190
     Scottsdale, AZ 85255

     Tri Valley Associates, LLC
     c/o Larsen Baker, LLC
     6298 East Grant Road, Suite 100
     Tucson, AZ 85712

     Lewis and Roca LLP
     Attn: Amy Altshuler
     40 North Central Avenue, Suite 1800
     Phoenix, AZ 85004

     BPT, L.L.C.
     Attn: Jeff Tang
     4350 E. Camelback Road, Suite E200
     Phoenix, AZ 85018

     PV Alma School Road, LLC
     4350 La Jolla Village Drive, Suite 110
     San Diego, CA 92122

     Chad Roberson
     HONNE CAPITAL LLC
     375 Park Avenue, 26th Floor
     New York, NY 10152
     E-mail: roberson@honnecapital.com

     Jennifer D. Raviele
     KELLEY DRYE & WARREN LLP
     101 Park Avenue
     New York, New York 10178
     E-mail: jraviele@kelleydrye.com

The attorneys for secured creditor Heritage Home Group LLC can be
reached at:

     Eric Pezold, Esq.
     Emily Gildar Wagner, Esq.
     SNELL & WILMER L.L.P.
     One Arizona Center
     400 E. Van Buren
     Phoenix, AZ 85004
     E-mail: epezold@swlaw.com
             eqagner@swlaw.com

The attorneys for secured creditor Heritage Home Group LLC can be
reached at:

     John J. Cruciani, Esq.
     HUSCH BLACKWELL LLP
     4801 Main Street, Suite 1000
     Kansas City, MO 64112-2551
     E-mail: john.cruciani@huschblackwell.com

Secured creditor Broyhill/Lane - Heritage Home Group LLC can be
reached at:

     Broyhill/Lane - Heritage Home Group LLC
     Michelle Patterson
     Senior Financial Services Representative
     Strategic & Canadian Accounts
     Heritage Home Group LLC
     Thomasville, NC
     1925 Eastchester Drive
     High Point, NC 27265
     E-mail: michelle.patterson@heritagehome.com

Secured creditor Sealy / Sterns & Foster can be reached at:

     Sealy / Sterns & Foster
     C. Dean Berrier
     Associate Manager, Credit and Collections
     Tempur Sealy International, Inc.
     One Office Parkway
     Trinity, NC 27370
     E-mail: dean.berrier@tempursealy.com

Secured creditor Synchrony Bank can be reached at:

     Synchrony Bank
     Attn: Risk Management
     950 Forrer Boulevard
     Kettering, OH 45420

Secured creditor Penske Truck Leasing Co., L.P., can be reached
at:

     Penske Truck Leasing Co., L.P.
     c/o PTL GP, LLC
     Route 10 – Green Hills
     P.O. Box 563
     Reading, PA 19603-0563

          -- and --

     Penske Truck Leasing Co., L.P.
     c/o Corporation Service Company
     2338 W. Royal Palm Road, Suite J
     Phoenix, AZ 85021
     Ellis Brooks Leasing, Inc.
     1565 Bush Street
     San Francisco, CA 94109

                   About Roomstores of Phoenix

The Roomstores of Phoenix, L.L.C., dba The Roomstore, sought
protection under Chapter 11 of the Bankruptcy Code in the District
of Arizona (Phoenix) (Case 15-15898) on Dec. 18, 2015.   The
petition was signed by Alan Levitz, manager.  The case is assigned
to Judge Daniel P. Collins.  The Debtor estimated both assets and
liabilities in the range of $1 million to $10 million.


SAMCHULLY MIDSTREAM 3: Moody's Lowers CFR to B3, Outlook Negative
-----------------------------------------------------------------
Moody's Investors Service downgraded Samchully Midstream 3 LLC's
(SM3) Corporate Family Rating to B3 from B1, Probability of Default
Rating (PDR) to B3-PD from B1-PD, and the senior secured term loan
rating to B3 from B1.  The Speculative Grade Liquidity rating was
withdrawn.  The outlook was changed to negative from stable.

"The downgrade reflects the credit deterioration of SM3's limited
customer base and the decision of these upstream counterparties to
halt drilling operations on their dedicated acreage," said John
Thieroff, Moody's VP-Senior Analyst.  "Moody's expects that SM3's
throughput volumes will fall well below previously expected levels
in the second half of 2016 and continue to drop through 2017.  As a
result, leverage will likely increase to over 6x by the end of
2017."

Issuer: Samchully Midstream 3 LLC

Downgrades:

  Probability of Default Rating, Downgraded to B3-PD from B1-PD

  Corporate Family Rating, Downgraded to B3 from B1

  Senior Secured Bank Credit Facility, Downgraded to B3 (LGD 4)
   from B1 (LGD 4)

Withdrawals:

  Speculative Grade Liquidity Rating, Withdrawn, previously rated
   SGL-3

Outlook Actions:

  Outlook, Changed To Negative From Stable

RATINGS RATIONALE

Samchully Midstream 3 LLC's (SM3) B3 Corporate Family Rating (CFR)
reflects its relatively small scale and concentrated operations in
the Utica Shale with only three upstream counterparties as well as
our expectation that leverage will rise to more than 6x by the end
of 2017.  An upstream JV between Chesapeake Energy Corporation
(Caa2 negative), a subsidiary of TOTAL S.A. (Aa3 stable), and
EnerVest (unrated) make up all of the Cardinal Gas System's (CGS)
throughput volumes and therefore all of SM3's revenues; drilling
and completions by the joint venture are expected to be minimal
through mid-2017.  The B3 rating is supported by the company's
long-term contracts, which ensure that it receives a pre-tax return
of 15% on invested capital through the adjustment of gathering fees
based upon volumes.  Should Chesapeake opt to file for chapter 11
bankruptcy, the contracts could be renegotiated with less favorable
terms.  Despite this risk, continued efforts by Chesapeake to
delever outside of bankruptcy court would be considered a credit
positive for the company.  The rating is also supported by the
substantial equity contribution from SM3's owners and their
strategic rationale for investing in natural gas infrastructure and
production in the US in connection with Korea's rising interest in
being a long-term purchaser of North American natural gas.  The
rating also benefits over the longer term by the system's strategic
location in the growing Utica Shale, where natural gas production
continues to grow rapidly despite chronically weak natural gas
prices.

Moody's believes that SM3's liquidity position should be adequate
through mid-2017; however, should the upstream JV not begin
drilling in the second half of 2017, the company's liquidity
position could deteriorate significantly.  The company does not
have a committed revolving credit facility, however the existing
term loan facility allows an incremental borrowing capacity up to
an amount greater of (i) $75 million or (ii) the amount that
results in pro forma Net Debt to EBITDA that's 0.25x lower than the
Financial Covenant ratio for the applicable period.  With the
capital expenditure draws currently lower than originally
anticipated, Moody's does not expect SM3 to upsize its term loan
over the next twelve months.  The term loan has a financial
covenant limiting net leverage to no more than 4.5x, first tested
for the period ended December 31, 2014, which steps down to 4.0 in
2018 and 3.5 in 2019 as defined under the credit agreement. Moody's
expects SM3 to remain in compliance with this covenant through
mid-2017.  Although the drop in gathered volumes and slowdown in
the expansion of compression facilities will have an impact on
Cardinal's EBITDA and distributions as compared to what Moody's had
originally anticipated, the cash balance and recent debt reduction
at Samchully is expected to allow the company to maintain covenant
compliance through 2017.  All of SM3's significant assets are
pledged to the term loan, so the company has no meaningful
alternative sources of liquidity, however, Moody's expects that
SM3's parent could make an additional equity investment into SM3
should the liquidity situation weaken materially.

The term loan is secured by a first lien claim on the equity
ownership interests in Cardinal and substantially all of SM3's
other assets.  The term loan is also guaranteed by SMH3 and has a
first lien claim on the holding company's equity.  The B3 rating on
the term loan is the same as the CFR since it represents all of the
company's outstanding debt.  The term loan is structurally
subordinated to any trade payables or other liabilities of
Cardinal, which was incorporated into the B3 CFR.

The negative outlook reflects the declining credit quality of
Chesapeake, SM3's largest counterparty and the likelihood that
throughput volumes on the Cardinal system will decline
precipitously through the end of 2017.  Although an upgrade is
unlikely through mid-2017, SM3's ratings could be upgraded if
Chesapeake's credit quality improves materially, while leverage
(Debt/EBITDA) is sustained at below 5.5x.  A ratings downgrade
could occur should Chesapeake's credit quality deteriorates further
and the risk of a chapter 11 filing increases.

The principal methodology used in these ratings was Global
Midstream Energy published in December 2010.

SM3 and its holding company parent, SMH3, were formed by Samchully
Asset Management Company (SAMCO) to purchase a 34% equity interest
in Cardinal for $544 million from a subsidiary of TOTAL S.A., EV
Energy Partners, L.P. and Williams Partners (WPZ Baa3 negative)
owns the remaining 66% of the system and operates it.

SAMCO is the investment arm of the Samchully Group, a company that
is the largest gas local distribution company and a major
distributor of heating and electricity in Korea.  Samchully's
equity funding came from a SAMCO-led consortium of Korean pension
funds and other Korean institutional investors.


SANTA CRUZ BERRY: Selling Trucks to Eat Sweet Farms for $29K
------------------------------------------------------------
Santa Cruz Berry Farming Co., LLC, asks the U.S. Bankruptcy Court
for the Northern District of California, San Jose Division, to
authorize the sale of its personal property vehicles to Eat Sweet
Farms, LLC and Campo Don Pancho ("Stalking Horse Bidder") for
$29,270, or to a qualified overbidder.

A hearing for the Sale Motion is set for July 21, 2016 at 10:30
a.m.

The summary of the terms of the Stalking Horse Bidder's offer is
the following:

     a) The Stalking Horse Bidder (or Assignee) will acquire the
Debtor's personal property vehicles list as follows:

          1. 2004 International 4300 DT466;
          2. 2001 RAM 1500;
          3. 2005 Ford 1500;
          4. 2003 Ford 250;
          5. 1990 Ford 250;
          6. 2001 Chevrolet 2500;
          7. 1997 Chevrolet 1500;
          8. 1997 Ford F150;
          9. 2001 Ram 2500 Flat Bed. (collectively "Trucks")

     b) Total purchase price will be $29,270 or if increased by a
bona fide overbid in an amount no less than required in the Bid
Procedures;

     c) The Stalking Horse Bidder will assume no liabilities or
obligations of the Debtor;

     d) The Stalking Horse Bidder will acquire the Debtor's
personal property vehicles free and clear of any and all debts,
liens, claims, causes of action, and security interests, whether
known or unknown, and paid for in its entirety in an amount that
meets or exceeds the highest qualified overbid, if at all, on or
before close of business July 21, 2016;

     e) The closing for the sale of the Debtor's personal property
vehicles by the highest qualified bidder will occur on or before
July 21, 2016;

     f) The minimum incremental overbids will begin at least $1,000
higher than the opening bid (the initial next highest Opening Bid
will be no less than $29,270), and will be in minimum increments of
$1,000; and

     g) In the event the Stalking Horse Bidder is not the
successful purchaser, it will be entitled to reimbursement of its
reasonable costs, attorneys' fees and other professional fees, not
to exceed in aggregate amount of $1,000, and as approved by the
Court as being reasonable and otherwise allowed pursuant to Section
503(b) of the Bankruptcy Code.

As stated in the declaration of Robert Fritz Koontz, the proposed
sale to the Stalking Horse Bidder is by far the best price for the
Debtor's  personal property vehicles.  The Debtor negotiated the
$29,270 offer, and given the Debtor's Schedules listing the value
of the asset, the Debtor believes the offer represents the fair
market value of the Debtor's personal property vehicles.

Moreover, the Debtor believes a qualified overbid that otherwise
complies with Sections 363(f) and 365 of the Bankruptcy Code is the
most efficient and expeditious resolution of the Debtor's
insolvency situation.

Special litigation counsel for debtors Santa Cruz Berry Farming
Co., LLC and Corralitos Farms, LLC:

          Thomas J. Polis, Esq.
          POLIS & ASSOCIATES A PROFESSIONAL LAW CORP.
          19800 MacArthur Boulevard, Suite 1000
          Irvine, California 92612-2433
          Telephone: (949) 862-0040
          Facsimile: (949) 862-0041
          E-Mail: tom@polis-law.com

                  About Santa Cruz Berry Farming

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

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

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

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


SCIO DIAMOND: Director Quits Over Disagreement with Leadership
--------------------------------------------------------------
James Korn submitted a letter addressed to Scio Diamond Technology
Corporation, in which he informed the Company of his resignation as
a member of the Board of Directors of the Company.  In addition to
serving on the Board, Mr. Korn was a member of the Company's Audit
Committee and Compensation Committee.

In his resignation letter, Mr. Korn said that Mr. Bernard M.
McPheely leadership as Chairman of the Board has jeopardized the
future of the company and its shareholders' investment.

"As the financial statements make clear, you have lead Scio to
insolvency.  Foremost, in that regard, I cannot understand how you
can presently accept equity investments from potential equity
investors.  Even if such investments are "technically" legally-a
tenuous assertion at best-what is your plan to provide a return to
these individuals on the monies they are investing?  Moreover, what
has been your personal financial contribution to the enterprise
that you gained control of after a contentious proxy fight?  As I
understand it, your entire financial contribution to date would not
suffice to fund even a single month of the company's operations.
In the meantime, I understand you have purchased inventory at a
discount from the company, thereby enriching yourself at its
expense. Now is the time to lead by example.  You and the others
who participated in the proxy fight should lead by example and
financially support the company."

In a statement to shareholders, the Board said it believes these
claims to be baseless.

"The Board wishes to emphasize the quality, volume and integrity of
the work Mr. McPheely has undertaken as Chairman in the Board's
unified mission to make the Company successful for the benefit of
all shareholders.  Mr. McPheely has personally identified and
developed a wide range of opportunities to assist the Company in
addressing its challenges -- including but not limited to the
Company's need to raise working capital, while two of the Company's
former directors (one a business associate of Mr. Korn's) actively
liquidated their holdings making it highly difficult for the
Company to do so."

                        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.


SENTINEL MANAGEMENT: Bank of NY Mellon Settles $312-Mil. Claim
--------------------------------------------------------------
Jonathan Stempel, writing for Reuters, reported that Bank of New
York Mellon Corp has agreed to end eight years of litigation in
which it sought unsuccessfully to recoup $312 million it lent a
Chicago-area money manager that collapsed in 2007, and whose former
chief is now in prison for fraud.

According to the report, citing a court filing, Bank of New York
Mellon will be treated as an unsecured creditor with a $312 million
claim in the bankruptcy of Sentinel Management Group Inc, formerly
of Northbrook, Illinois.  The settlement with Sentinel bankruptcy
trustee Frederick Grede requires court approval, the report noted.

It followed the Jan. 8 rejection by the federal appeals court in
Chicago of the bank's effort to be treated as a secured creditor
with a higher priority claim, the report said.  Circuit Judge
Richard Posner said an unsecured claim was appropriate because the
bank had been aware of suspicious facts that should have led it to
probe whether Sentinel and its chief Eric Bloom were involved in
wrongdoing, the report added.

It is unclear how much the bank will eventually recover on its
claim, but it previously took a $170 million pre-tax write-off, or
$106 million after taxes, as a result of Judge Posner's decision,
the report added.

Vincent Lazar, Esq. -- vlazar@jenner.com -- a Jenner & Block
partner representing Grede, said the settlement will allow the
trustee to make "substantial" additional payouts to Sentinel
customers who were defrauded, the report further related.

                     About Sentinel Management

Based in Northbrook, Illinois, Sentinel Management Group Inc. --
http://www.sentinelmgi.com/-- was a full service firm offering    

a variety of security solutions.  The Company filed a voluntary
Chapter 11 petition (Bankr. N.D. Ill. Case No. 07-14987) on
Aug. 17, 2007.  Ronald Barliant, Esq., Randall Klein, Esq., and
Kathryn A. Pamenter, Esq., at Goldberg, Kohn, Bell & Black
Rosenbloom & Moritz, Ltd., represented the Debtor.  Lawyers at
Quinn, Emanuel Urquhart Oliver & Hedges, LLP, represented the
Official Committee of Unsecured Creditors.  When the Debtor sought
bankruptcy protection, it estimated assets and debts of more than
$100 million.

On Aug. 28, 2007, the Court approved Frederick Grede as the
Debtor's Chapter 11 Trustee.  Marc I. Fenton, Esq., at DLA Piper
US LLP, and Vincent E. Lazar, Esq., at Jenner & Block LLP,
represent the Chapter 11 Trustee.

The Court confirmed the Fourth Amended Chapter 11 Plan of
Liquidation for Sentinel on Dec. 15, 2008, which created a
Liquidation Trust.  The Plan became effective Dec. 17, 2008, and
Mr. Grede was appointed Liquidation Trustee.


SEVENTY SEVEN: Ernst & Young to Provide Tax, Accounting Services
----------------------------------------------------------------
Seventy Seven Finance Inc., et al., seek permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Ernst &
Young LLP as tax, accounting, and internal audit services providers
to the Debtors nunc pro tunc to the Petition Date.

A hearing on the Debtors' request is set for July 13, 2016, at
10:00 a.m. (ET).  Objections to the request must be filed by July
6, 2016, at 4:00 p.m. (ET).

The Firm will, among other things:

     a. advise the Debtors personnel in developing an
        understanding of the tax issues and options related to the

        Debtors' potential bankruptcy filing, taking into account
        the Debtors' specific facts and circumstances, for U.S.
        federal, state and foreign income tax purposes;

     b. advise on the federal, state and local and foreign income
        tax consequences of proposed and final plans of
        reorganization, including, if necessary, assisting in the
        preparation of IRS ruling requests regarding the tax
        consequences of alternative reorganization structures and
        tax opinions;

     c. understand and advise on the tax implication of potential
        reorganization and restructuring alternatives (the Debtors

        are evaluating with existing bondholders and other
        creditors certain changes which may result in a change in
        the equity, capitalization and ownership of the shares of
        the Debtors and its assets);

     d. gather information, review and update the Debtors' Section

        382 Calculations and apply the appropriate federal, state
        and local tax law to (i) historic information regarding
        pre-filing changes in the ownership of the Debtors' stock
        to calculate whether any of the shifts in stock ownership  
      
        may have caused an ownership change that will restrict the

        use of tax attributes (such as net operating loss, capital

        loss, credit carry forwards, and built in losses) and the
        amount of any limitation and (ii) the final Plan of
        Reorganization;

     e. analyze and assist the Debtors to determine the applicable

        U.S. federal income tax treatment (including tax return
        disclosure and presentation) of items including, but not
        limited to:

        -- debt modifications;

        -- cancellation of indebtedness income;

        -- availability and limitations upon the use of tax
           attributes like net operating losses, tax credits, and
           tax basis in assets and subsidiary stock, as
           applicable, as well as alternative scenarios;

        -- potential bad debt and worthless stock deductions; and

        -- attribute reduction alternatives.

     f. provide step plan related to entity rationalization and
        simplification of intercompany accounts;

     g. to the extent required, assist in the preparation of tax
        basis balance sheets, earnings and profits calculations
        and stock basis calculations for the relevant legal
        entities;

     h. review tax creditor matrix (and other documents, as
        applicable) prepared by the Debtors and its advisors in
        connection with the restructuring;

     i. assistance with any state or local jurisdictional audit
        arising from the bankruptcy filing; and

     j. assist with statements and disclosures required for filing

        the Debtors' federal and state income tax returns for the
        year of emergence.

More information on the services that the Firm will provide the
Debtor is available for free at:

        http://bankrupt.com/misc/SEVENTYSEVEN_110_ernst.pdf

The Firm will be paid at these hourly rates:

A. Restructuring Services SOW

                             Financial           Tax Services
                             Advisory            (Including
   Title                     Services            National Tax)
   ------                    ---------           -------------
Partner/Principal/
  Executive Director         $700-$850             $595-$955
Senior Manager               $600-$700             $560-$875
Manager                      $475-$575             $475-$785     
Senior                       $350-$450             $295-$495
Staff                        $200-$250             $160-$280

B. ACA SOW

EY LLP intends to charge the Debtors for Services rendered pursuant
to the ACA SOW
pursuant to the fee schedule:

                             Financial           Tax Services
                             Advisory            (Including
   Title                     Services            National Tax)
   ------                    ---------           -------------
Partner/Principal/
   Executive Director        $700-$850             $595-$955
Senior Manager               $600-$700             $560-$875
Manager                      $475-$575             $475-$785
Senior                       $350-$450             $295-$495
Staff                        $200-$250             $160-$280

C. ACA SOW

EY LLP intends to charge the Debtors for Services rendered pursuant
to the ACA SOW
pursuant to the fee schedule:

Annual IRS Reporting Fees and
generation of up to 5,000 1095-C forms                 $45,000

$5.00 per 1095-C generated over the first
5,000 included in the annual fee

Additional FEINs (over the 5 included in
the annual fee) $750 each                                    -
Total estimated fees                                   $45,000

Timing of Fees

EY LLP will bill the Debtors for EY LLP's fees, expenses and
applicable taxes or other charges, if any, under the ACA SOW on
this basis:

     (i) 50% of estimated fees at the signing of the ACA SOW in
        Year 1 (which includes 50% of the annual fee and 50% of
        estimated number of IRS forms 1095-C being produced at
        $5 per form)

   (ii) EY LLP will bill the Debtors annually in April of each
        year upon delivery of IRS Forms 1094-C.  This billing will

        cover the remainder of prior year fees, prior year true
        up, and 50% of the estimated fees for the then current
        calendar year

D. Tax Advisory Services SOW

EY LLP intends to charge the Debtors for services rendered pursuant
to the Tax Advisory Services SOW based on its hourly rates for
these services:

                                               Sales Tax
                                               Audit
                                               Assistance
     Title                 Tax Services        Services
     -----                 ------------        ----------
Partner/Principal/
   Executive Director           $595              $195
Senior Manager                  $560              $195
Manager                         $475              $195
Staff                           $160              $195
Senior                          $295              $195

E. Tax Compliance SOW

EY LLP intends to charge the Debtors for services rendered pursuant
to the Restructuring Services SOW based on its hourly rates for the
services:

Partner/Principal/Executive Director              $595
Senior Manager                                    $560
Manager                                           $475
Senior                                            $295
Staff                                             $160

F. Internal Audit SOW

Based on the co-sourced model (utilizing two SSE senior level
internal audit resources) EY LLP's fees for services pursuant to
the Internal Audit SOW in respect of calendar year 2016 will be
billed at the hourly rates, and are estimated to be:

                                                  Estimated
     Type of Service           Rate Per Hour      Fee Amount
     ---------------           -------------      ----------
Internal Audit                 $175               $275,000
SOX Compliance                 $135               $375,000

The estimated fee amounts for Services under the Internal Audit SOW
are inclusive of fees incurred in respect of Services already
performed prior to May 5, 2016.

EY LLP's hourly rates are revised periodically in the ordinary
course of EY LLP's business.  EY LLP will advise the Debtors of our
new rates once they are established in advance of a rate change
becoming effective during the course of this engagement.  In
addition to the hourly rates set forth above, the Debtors will
reimburse EY LLP for any direct expenses reasonably incurred in
connection with EY LLP's retention in these cases and the
performance of the services.  EY LLP's direct expenses shall
include, but not be limited to, reasonable and customary
out-of-pocket expenses for items such as travel, meals,
accommodations and other expenses (including any fees or reasonable
expenses of EY LLP's legal counsel) specifically related to this
engagement.

Additionally, certain of the engagement letters contain language
substantially providing that, "[the Debtors] shall also pay any
potential value-added taxes (VAT), sales taxes, and other indirect
taxes incurred in connection with the delivery of the Services,
including any such taxes and related administrative costs that
result from billing arrangements specifically requested by [the
Debtors]."

Mark A. Wood, partner of EY LLP, assures the Court that EY LLP does
not hold nor represent any interest materially adverse to the
Debtors in the matters for which EY LLP is proposed to be
retained.

EY LLP can be reached at:

     Ernst & Young, LLP
     210 Park Avenue, No. 2500
     Oklahoma City, OK 73102
     Tel: (405) 278-6800
     Website: ey.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.


SEVENTY SEVEN: Hires Morris Nichols as Co-Counsel
-------------------------------------------------
Seventy Seven Finance Inc., et al., seek permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Morris,
Nichols, Arsht & Tunnell LLP as Delaware bankruptcy co-counsel to
the Debtors nunc pro tunc to the Petition Date.

A hearing on the Debtors' request is set for July 13, 2016, at
10:00 a.m. (ET).  Objections to the request must be filed by July
6, 2016, at 4:00 p.m. (ET).

Morris Nichols will:

     a. perform all necessary services as the Debtors' Delaware
        bankruptcy co-counsel, including, without limitation,
        providing the Debtors with advice, representing the
        Debtors, and preparing necessary documents on behalf
        of the Debtors in the areas of restructuring and
        bankruptcy;

     b. coordinate with Baker Botts in representing the Debtors
        in connection with these cases;

     c. take all necessary actions to protect and preserve the
        Debtors' estates during these chapter 11 cases, including
        the prosecution of actions by the Debtors, the defense of
        any actions commenced against the Debtors, negotiations
        concerning litigation in which the Debtors are involved,
        and objecting to claims filed against the estates;

     d. prepare or coordinate preparation on behalf of the
        Debtors, as debtors in possession, any necessary
        motions, applications, answers, orders, reports, and
        papers in connection with the administration of these
        Chapter 11 cases;

     e. counsel the Debtors with regard to their rights and
        obligations as debtors in possession; and

     f. perform all other necessary legal services.

Morris Nichols will be paid at these hourly rates:

        Partners                                 $575–975
        Associates and Special Counsel           $330–625
        Paraprofessionals                        $275–315
        Case Clerks                                $175

On April 11, 2016, Morris Nichols received a payment of $75,000 as
an advance fee for services to be rendered and expenses to be
incurred in connection with Morris Nichols' representation of the
Debtors.  On June 6, 2016, Morris Nichols received a further
payment of $72,731.55, which amount included estimated filing fees
for eleven Debtors and estimated fees and expenses through the
Petition Date.  Following the Petition Date and as of the filing of
this application, Morris Nichols has applied $60,284.25 as payment
for services incurred prior to the Petition Date and related costs,
including filing fees for each Debtor.  Accordingly, Morris Nichols
currently holds a balance of $87,447.30 as an advance payment for
services to be rendered and expenses to be incurred in connection
with its representation of the Debtors.  Morris Nichols has not
been paid any other compensation by the Debtors and Morris Nichols
is not a creditor of the Debtors.  As promptly as practicable after
all fees and charges that accrued prior to the Petition Date have
been finally posted, Morris Nichols will issue a final billing
statement for the actual fees, charges, and disbursements for the
period prior to the Petition Date.  The Final Billed Amount (net of
payments received) will be paid from the Current Advance and the
balance will be held as a postpetition advance payment to be
applied against any unpaid fees and expenses approved by the Court
with respect to Morris Nichols' final fee application in these
cases.

Morris Nichols intends to use its reasonable best efforts to comply
with the Guidelines for Reviewing Applications for Compensation and
Reimbursement of Expenses Filed Under 11 U.S.C. Section 330 by
Attorneys in Larger Chapter 11 Cases, effective as of Nov. 1, 2013.
To that end, Morris Nichols provides these statements in response
to the request for additional information set forth in Part D.1. of
the Appendix B Guidelines:

Morris Nichols didn't agree to any variations from, or alternatives
to, its standard or customary billing arrangements for this
engagement.  None of the professionals included in this engagement
vary their rate based on the geographic location of the bankruptcy
case.  Morris Nichols was retained by the Debtors pursuant to the
engagement agreement dated on or about April 11, 2016.  The billing
rates and material terms of the prepetition engagement are the same
as the rates and terms described in the Dehney Declaration.  The
Debtors have approved a prospective budget for Morris Nichols'
engagement for the postpetition period, which budget is set forth
in the budget submitted as an exhibit related to the Debtors'
motion for entry of interim and final orders Pursuant to 11 U.S.C.
Sections 105, 361, 362, 363, 364, and 507 and Fed. R. Bankr. P.
2002, 4001 and 9014 (I) authorizing the Debtors and
Debtors-in-Possession to obtain postpetition financing, (II)
authorizing use of cash collateral, (III) granting liens and
super-priority claims, (IV) granting adequate protection to
prepetition secured lenders, (V) modifying the automatic stay; (VI)
scheduling a final hearing, and (VII) granting related relief.  The
budget may be amended as necessary to reflect changed or
unanticipated circumstances.

Robert J. Dehney, a partner at Morris Nichols, assures the Court
that Morris Nichols is a disinterested person as that term is
defined in Section 101(14) of the Bankruptcy Code.

                   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.


SEVENTY SEVEN: Taps Alvarez & Marsal as Financial Advisor
---------------------------------------------------------
Seventy Seven Finance Inc., et al., seek permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Alvarez &
Marsal North America, LLC, as financial advisors to the Debtors,
nunc pro tunc to the date of filing of these cases.

A hearing on the Debtors' request is set for July 13, 2016, at
10:00 a.m. (ET).  Objections to the request must be filed by July
6, 2016, at 4:00 p.m. (ET).

A&M will provide these services:

     (a) assistance to the Debtors in the preparation of
         financial-related disclosures required by the Court,
         including the Debtors' Monthly Operating Reports and, if
         necessary, Schedules of Assets and Liabilities,
         Statements of Financial Affairs;

     (b) assistance to the Debtors with information and analyses
         required pursuant to the Debtors' debtor-in-possession    
     
         financing;

     (c) assistance with the identification and implementation of
         short-term cash management procedures;

     (d) assistance to Debtors' management team and counsel
         focused on the coordination of resources related to the
         ongoing reorganization effort;

     (e) assistance in the preparation of financial information
         for distribution to creditors and others, including, but
         not limited to, cash flow projections and budgets, cash
         receipts and disbursement analysis, analysis of various
         asset and liability accounts, and analysis of proposed
         transactions for which Court approval is sought;

     (f) attendance at meetings and assistance in discussions with

         potential investors, banks, and other secured lenders,
         any official committee(s) appointed in these chapter
         11 cases, the U.S. Trustee, other parties in interest and

         professionals hired by same, as requested;

     (g) analysis of creditor claims by type, entity, and
         individual claim, including assistance with development
         of databases, as necessary, to track claims;

     (h) assistance in the preparation of information and analysis

         necessary for the confirmation of a plan of
         reorganization in these Chapter 11 cases, including
         information contained in the disclosure statement;

     (i) to the extent necessary, assistance in the evaluation and

         analysis of avoidance actions, including fraudulent
         conveyances and preferential transfers;

     (j) assistance with tax consulting services in relation to
         state tax audits, taxability requests, and in response to

         specific requests from Client and its representatives;

     (k) rendering such other general business consulting or such
         other assistance as Debtors' management or counsel may
         deem necessary consistent with the role of a financial
         advisor to the extent that it would not be duplicative of

         services provided by other professionals in this
         proceeding.

A&M will be paid at these hourly rates:

      i. Managing Director          $775-$975
     ii. Director                   $600-$750
    iii. Associate                  $450-$575
     iv. Analyst                    $375-$425

The rates and ranges will be subject to adjustment annually at such
time as A&M adjusts its rates generally.  In addition, A&M will be
reimbursed for the reasonable out-of-pocket expenses of the A&M
professionals incurred in connection with this assignment, like
travel, lodging, third party duplications, messenger and telephone
charges.  A&M will also be reimbursed for the reasonable fees and
expenses of its counsel incurred in connection with the preparation
and approval of this application.  All fees and expenses due to A&M
will be billed in accordance with any applicable orders entered by
this Court, and the relevant sections of the Bankruptcy Code,
Bankruptcy Rules and local rules of this Court.

A&M received $250,000 as a retainer in connection with preparing
for and conducting the filing of these Chapter 11 cases.

The Debtors submit that the retention of A&M under the terms
described is appropriate under Sections 327(a), 328, and 1107(b) of
the Bankruptcy Code.  Section 327(a) of the Bankruptcy Code
empowers the trustee, with the Court's approval, to employ
professionals "that do not hold or represent an interest adverse to
the estate, and that are disinterested persons, to represent or
assist the trustee in carrying out the trustee's duties under this
title."  Section 101(14) of the Bankruptcy Code defines a
"disinterested person" as a person that:

     (a) is not a creditor, an equity security holder, or an
         insider;

     (b) is not and was not, within 2 years before the date of the

         filing of the petition, a director, officer, or employee
         of the debtor; and

     (c) does not have an interest materially adverse to the
         interest of the estate or of any class of creditors or
         equity security holders, by reason of any direct or
         indirect relationship to, connection with, or interest
         in, the Debtor, or for any other reason.

Section 1107(b) of the Bankruptcy Code provides that "a person is
not disqualified for employment under Section 327 of this title by
a debtor in possession solely because of such person's employment
by or representation of the debtor before the commencement of the
case."  A&M's prepetition relationship with Debtors is therefore
not an impediment to A&M's retention as Debtors' postpetition
financial advisor.

Jonathan C. Hickman, managing director with A&M, assures the Court
that A&M is a disinterested person as that term is defined in
Section 101(14) of the Bankruptcy Code, in that A&M: (i) is not a
creditor, equity security holder, or insider of the Debtors; (ii)
was not, within two years before the date of filing of the Debtors'
Chapter 11 petitions, a director, officer, or employee of the
Debtors; and (iii) does not have an interest materially adverse to
the interest of the Debtors' estates or of any class of creditors
or equity security holders.

A&M can be reached at:

     Alvarez & Marsal North America, LLC
     700 Louisiana Street, Suite 900
     Houston, TX 77002
     Tel: (713) 571-2400
     Fax: (713) 547-3697
     Website: http://www.alvarezandmarsal.com/north-america-0

                   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.


SEVENTY SEVEN: Taps Prime Clerk as Administrative Advisor
---------------------------------------------------------
Seventy Seven Finance Inc., et al., seek permission from the U.S.
Bankruptcy Court for the District of Delaware to employ Prime Clerk
LLC as administrative advisor nunc pro tunc to the Petition Date.

A hearing on the Debtors' request is set for July 13, 2016, at
10:00 a.m. (ET).  Objections to the request must be filed by July
6, 2016, at 4:00 p.m. (ET).

Prime Clerk will:

     (a) assist with, among other things, solicitation, balloting
         and tabulation of votes, and prepare any related reports,
        
         as required in support of confirmation of a Chapter 11
         plan, and in connection with such services, process
         requests for documents from parties in interest,
         including, if applicable, brokerage firms, bank back-
         offices and institutional holders;

     (b) assist with the preparation of the Debtors' schedules of
         assets and liabilities and statements of financial
         affairs and gather data in conjunction therewith to the
         extent required;

     (c) prepare an official ballot certification and, if
         necessary, testify in support of the ballot tabulation
         results;

     (d) provide a confidential data room, if requested;

     (e) manage and coordinate any distributions pursuant to a
         Chapter 11 plan, including the issuance of new stock and
         warrants; and

     (f) provide other processing, solicitation, balloting and
         other administrative services described in the engagement

         agreement, but not included in the Section 156(c)
         application, as may be requested from time to time by the

         Debtors, the Court or the Office of the Clerk of the
         Bankruptcy Court.

Prime Clerk will be paid these hourly rates:

         Analyst                            $30-$50
         Technology Consultant              $35-$95
         Consultant/Senior Consultant       $65-$170
         Director                          $175-$195
         Chief Executive Officer and
               Executive Vice President    No charge
         Solicitation Consultant              $195
         Director of Solicitation             $210

During the life of the engagement, Prime Clerk will provide the
Debtor with a 10% discount on all printing fees.  Prime Clerk will
bill the Debtor no less frequently than monthly.  All invoices will
be due and payable upon receipt.  Where an expense or group of
expenses to be incurred is expected to exceed $10,000, Prime Clerk
may require advance or direct payment from the Company before the
performance of services hereunder.  If any amount is unpaid as of
30 days after delivery of an invoice, the Debtor agrees to pay a
late charge equal to 1.5% of the total amount unpaid every 30
days.

Within three business days of execution of the agreement, the
Debtor will pay Prime Clerk an advance of $30,000.  Prime Clerk may
use advance against unpaid fees and expenses.  Prime Clerk may use
the advance against all prepetition fees and expenses, which
advance then will be replenished immediately by the Debtor to the
original advance amount; thereafter, Prime Clerk may hold advance
to apply against unpaid fees and expenses.

The Debtors respectfully submit that Prime Clerk's rates are
competitive and comparable to the rates its competitors charge for
similar services.  Indeed, the Debtors conducted a review and
competitive comparison of other firms and reviewed the rates of
four other firms before selecting Prime Clerk as administrative
advisor.  The Debtors believe Prime Clerk's rates are more than
reasonable given the quality of Prime Clerk's services and its
professionals' bankruptcy expertise.  Additionally, Prime Clerk
will seek reimbursement from the Debtors for reasonable expenses in
accordance with the terms of the engagement agreement.

Prime Clerk intends to apply to the Court for allowance of
compensation and reimbursement of expenses incurred after the
Petition Date in connection with the services it provides as
administrative advisor pursuant to the engagement agreement.  Prime
Clerk will comply with the applicable provisions of the Bankruptcy
Code, the Bankruptcy Rules, the Local Rules and any orders entered
in these chapter 11 cases regarding professional compensation and
reimbursement of expenses.

The Debtors have agreed to indemnify, defend and hold harmless
Prime Clerk and its members, officers, employees, representatives
and agents under certain circumstances specified in the engagement
agreement, except in circumstances resulting solely from Prime
Clerk's gross negligence or willful misconduct or as otherwise
provided in the engagement agreement.  The Debtors believe that an
indemnification obligation is customary, reasonable and necessary
to retain the services of an Administrative Advisor in these
Chapter 11 cases.

Michael J. Frishberg, Co-President and Chief Operating Officer of
Prime Clerk, assures the Court that Prime Clerk is a disinterested
person as that term is defined in Section 101(14) of the Bankruptcy
Code, in that Prime Clerk and its professional personnel: (a) are
not creditors, equity security holders, or insiders of the Debtors;
(b) are not and were not, within two years before the date of the
filing of these cases, directors, officers, or employees of the
Debtors; and (c) do not have an interest materially adverse to the
interest of the Debtors' estates or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors.

Prime Clerk can be reached at:

     Prime Clerk LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Attn: Shai Waisman
     Tel: (212) 257-5450
     E-mail: swaisman@primeclerk.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.


SOFINTEK INC: Sec. 341 Creditors' Meeting on Aug. 5
---------------------------------------------------
A Meeting of Creditors pursuant to 11 U.S.C. Sec. 341(a) is set for
Aug. 5, 2016, at 10:00 a.m. in the Chapter 11 case of Sofintek
Inc., d.b.a. Skydrenaline Zone.

The meeting will be held at U.S. Courthouse, 1st Floor Training
Room, Hagatna, Guam.

The last day to oppose discharge or dischargeability is Oct. 4,
2016.

Proofs of claim are due in the case by Nov. 3, 2016.  Government
Proof of Claim is due by Dec. 28, 2016.

Sofintek Inc., d.b.a. Skydrenaline Zone, filed a Chapter 11
bankruptcy petition (Bankr. D. Guam Case No. 1:16-bk-00072) on June
24, 2016.  The Debtor is represented by The Law Office of Mark. E.
Williams, P.C.


SPORTS AUTHORITY: Dick's $15M Bid Wins Auction for IP Assets
------------------------------------------------------------
Jessica Dinapoli, writing for Reuters, reported that Dick's
Sporting Goods Inc., the largest U.S. sporting goods retailer, said
it was the successful bidder in the auction for the intellectual
property of bankrupt competitor Sports Authority with a bid of $15
million.

According to the report, Dick's and Sports Authority still have to
finalize paper work on the deal, and a U.S. bankruptcy court judge
has to approve it, the company said in a regulatory filing. The
bankruptcy court's hearing to consider approval of the deal is
scheduled for July 15, the report said.

The intellectual property of Sports Authority includes its
e-commerce website, SportsAuthority.com, a loyalty program with
28.5 million members, and a list consisting of 114 million customer
files, the report related, citing an advertisement for the
intellectual property auction.

Sports Direct International Plc submitted a bid of $13 million for
the intellectual property, the report further related, citing a
source.  The British firm would be a back-up bidder if Dick's is
unable to close the deal, though that is not expected, the report
added, further citing the source.

Dick's said it also plans to take over the leases for 31 Sports
Authority stores for an additional $8 million, the report said.

                  About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928.  The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico.  The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands.  The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016.  The petitions were signed by Michael
E. Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.  Lawyers at Pachulski
Stang Ziehl & Jones LLP represent the Official Committee of
Unsecured Creditors.


SSNN-5532-34: Seeks to Hire Brad Thompson as Broker
---------------------------------------------------
SSNN-5532-34 S. Kimbark, LLC and SSNN-Residential, LLC seek
approval from the U.S. Bankruptcy Court for the Northern District
of Illinois to hire a real estate broker.

The Debtors propose to hire Brad Thompson, a real estate broker
employed by Millennium Properties R/E, Inc., in connection with the
sale of their property located along South Kimbark, Chicago,
Illinois.

Mr. Thompson will get a commission, which is 4.5% of the gross sale
price if he is the sole broker, and 5% if a cooperating broker is
involved.

In a court filing, Mr. Thompson disclosed that he does not
represent any interest adverse to the Debtors' estate.

The Debtors can be reached through their counsel:

     Gregory K. Stern
     Monica C. O'Brien
     Rachel S. Sandler
     Gregory K. Stern, P.C.
     53 West Jackson Boulevard, Suite 1442
     Chicago, IL 60604
     Tel: (312) 427-1558
     Fax: (312) 427-1289
     Email: gstern1@flash.net

                 About SSNN-5532-34 S. Kimbark

SSNN-5532-34 S. Kimbark, LLC and SSNN-Residential, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ill. Case No. 16-04994) on February 17, 2016.  The petition was
signed by Sunil K. Srivastava, managing member.  

The case is assigned to Judge Pamela S. Hollis.

At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


STARZ LLC: S&P Lowers CCR to BB- on Pending Lions Gate Transaction
------------------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on Starz LLC to 'BB-' from 'BB' and its issue-level rating on the
company's 5.00% senior notes due 2019 to 'BB-' from 'BB'. At the
same time, S&P placed its ratings on the company on CreditWatch
with negative implications.

When the transaction closes, S&P will withdraw all its ratings on
Starz, including the issue-level rating because S&P expects Lions
Gate to repay all of the company's existing debt.  S&P expects the
transaction to close in the fourth quarter of 2016.

"The rating action and CreditWatch placement follow Lions Gate
Entertainment Corp.'s announcement on June 30, 2016, that it will
acquire Starz in a combination of cash and stock," said S&P Global
Ratings credit analyst Khaled Lahlo.  "We believe the combined
company will be rated no higher than 'BB-.'  Although highly
unlikely, should the acquisition fail to get shareholder or
regulatory approval, we would likely raise our corporate credit
rating on Starz to 'BB'."

The combined company will have an improved business risk profile
(fair versus weak for Lions Gate on a standalone basis) due to the
increased operational diversification.  S&P expects that the
revenue and cash flow stability of Starz's cable networks will
offset the inherent volatility of Lions Gate's motion picture
segment and the increased scale of distribution.  Although S&P
expects incremental cost savings primarily from a tax standpoint,
it believes the acquisition will weaken Lions Gate's core financial
measures.  The company's pro forma adjusted leverage, including
production loans and about $4 billion of total debt at the
consolidated entity, was above 9.1x as of March 31, 2016.

In resolving the CreditWatch placement, S&P expects to assess the
combined company's ability to generate cash flow and reduce
leverage.  This assessment will also include management's financial
policy and its commitment to reducing debt.  S&P would consider
affirming the 'BB-' corporate credit rating if it was convinced
that the company could reduce, and maintain, adjusted leverage
below 5x.  Conversely, if S&P believes adjusted leverage would
remain above 5x, it could lower the corporate credit rating by one
or two notches, depending on S&P's assessment of the company's
leverage, cash flow, and liquidity.


STELLAR BIOTECHNOLOGIES: Prices $6.75M Registered Direct Offering
-----------------------------------------------------------------
Stellar Biotechnologies, Inc., has entered into definitive
agreements to sell 1,687,500 common shares in a registered direct
offering and unregistered warrants to purchase up to 1,265,625
unregistered common shares in a private placement.  The combined
purchase price for one registered common share and one unregistered
warrant to purchase 0.75 of an unregistered common share will be
$4.00.  The warrants have an exercise price of $4.50 per full
share, are non-exercisable for 6 months and will terminate 5 years
from the time the warrants are first exercisable.  The closing of
the offering is expected to occur on or about July 6, 2016, subject
to the satisfaction of customary closing conditions.

Maxim Group LLC is acting as the exclusive placement agent for the
offering.

Stellar intends to use the net proceeds from the offering for
research and development activities, operating costs, capital
expenditures and for general corporate purposes, including working
capital.

The common shares are being offered by Stellar pursuant to a shelf
registration statement on Form S-3 (file no. 333-203595), which was
declared effective on May 8, 2015 by the Securities and Exchange
Commission (SEC).  The common shares may be offered only by means
of a prospectus, including a prospectus supplement, forming a part
of the effective registration statement.  A prospectus supplement
relating to the offering of the common shares will be filed with
the SEC and will be available on the SEC's website at
http://www.sec.gov/ The warrants and the common shares issuable
upon exercise of the warrants are being offered in a separate
private placement under Section 4(a)(2) under the Securities Act of
1933 (the "Securities Act"), and Rule 506(c) promulgated thereunder
and have not been registered under the Securities Act.  The Company
has agreed to file one or more registration statements with the SEC
covering the resale of the common shares issuable upon exercise of
the warrants.

                      About Stellar

Port Hueneme, Cal.-based Stellar Biotechnologies, Inc.'s
business is to commercially produce and market Keyhole Limpet
Hemocyanin ("KLH") as well as to develop new technology related to
culture and production of KLH and subunit KLH ("suKLH")
formulations.  The Company markets KLH and suKLH formulations to
customers in the United States and Europe.

KLH is used extensively as a carrier protein in the production of
antibodies for research, biotechnology and therapeutic
applications.

Stellar Biotechnologies reported a net loss of $8.43 million for
the year ended Aug. 31, 2014, a net loss of $14.5 million for the
year ended Aug. 31, 2013, and a net loss of $5.52 million for the
year ended Aug. 31, 2012.  Stellar Biotechnologies reported a net
loss of $2.84 million on $758,689 of revenues for the year ended
Sept. 30, 2015.

As of March 31, 2016, Stellar had $9.42 million in total assets,
$616,097 in liabilities and $8.81 million in shareholders' equity.


SUCCESS INC: Case Summary & 12 Unsecured Creditors
--------------------------------------------------
Debtor: Success, Inc.
        33-A Light Street
        Stratford, CT 06615

Case No.: 16-50884

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       District of Connecticut (Bridgeport)

Judge: Hon. Julie A. Manning

Debtor's Counsel: Douglas S. Skalka, Esq.
                  NEUBERT, PEPE, AND MONTEITH, P.C.
                  195 Church Street, 13th Floor
                  New Haven, CT 06510
                  Tel: (203) 821-2000
                  Fax: 203-821-2009
                  E-mail: dskalka@npmlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Gus Curcio, Sr., president.

A copy of the Debtor's list of the its 20 largest unsecured
creditors -- disclosing 12 entries -- is available for free at
http://bankrupt.com/misc/ctb16-50884.pdf


SUGARMAN'S PLAZA: Taps David Carlebach as Legal Counsel
-------------------------------------------------------
Sugarman's Plaza Limited Partnership seeks approval from the U.S.
Bankruptcy Court for the Eastern District of New York to hire the
Law Offices of David Carlebach, Esq. as its legal counsel.

The Debtor tapped the firm to provide these services in connection
with its Chapter 11 case:

     (a) advising the Debtor with respect to its powers and
         duties;

     (b) assisting the Debtor in the preparation of its schedules
         of assets and liabilities, statements of financial
         affairs and other documents;

     (c) representing the Debtor at hearings;

     (d) prosecuting and defending litigation;

     (e) counseling and representing the Debtor in connection with

         the assumption or rejection of executory contracts and
         leases, administration of claims and other bankruptcy-
         related matters;

     (f) counseling the Debtor with respect to various general and

         litigation matters;

     (g) assisting the Debtor in obtaining approval of a
         disclosure statement and confirmation of a plan of
         reorganization.

The firm's attorneys who will be primarily responsible for
representing the Debtor and their hourly rates are:

     David Carlebach    Member       $450
     Ira Abel           Of Counsel   $485

In a court filing, Mr. Carlebach disclosed that he is
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     David Carlebach
     Ira Abel
     Law Offices of David Carlebach, Esq.
     55 Broadway
     Suite 1902
     New York, NY 10006
     Tel: (212) 785-3041
     Fax: (347) 472-0094
     Email: david@carlebachlaw.com
     ira@carlebachlaw.com

                        About Sugarman's Plaza

Sugarman's Plaza Limited Partnership sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No.
16-42496) on June 7, 2016.  The petition was signed by Chaim
Laufer, general partner of TSC Associates.  

The case is assigned to Judge Elizabeth S. Stong.

At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


SYNCARDIA SYSTEMS: Case Summary & 30 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: SynCardia Systems, Inc.
        1992 E. Silverlake Road
        Tucson, AZ 85713

Case No.: 16-11599

Type of Business: Medical Technology Company

Chapter 11 Petition Date: July 1, 2016

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

Debtor's
General
Counsel:           Michael S. Fox, Esq.
                   OLSHAN FROME WOLOSKY, LLP
                   1325 Avenue of the Americas
                   New York, NY 10019
                   Tel: (212) 451-2300
                   E-mail: mfox@olshanlaw.com

                     - and -

                   Jonathan T. Koevary, Esq.
                   OLSHAN FROME WOLOSKY LLP
                   1325 Avenue of the Americas
                   New York, NY 10019
                   Tel: (212) 451-2300
                   E-mail: jkoevary@olshanlaw.com

Debtor's Delaware
Counsel:           Robert S. Brady, Esq.
                   YOUNG, CONAWAY, STARGATT & TAYLOR, LLP
                   1000 North King Street
                   Wilmington, DE 19801
                   Tel: 302-571-6600
                   Fax: 302-571-1253
                   E-mail: rbrady@ycst.com

                     - and -

                   Sean T. Greecher, Esq.
                   YOUNG, CONAWAY, STARGATT & TAYLOR, LLP
                   Rodney Square
                   1000 North King Street
                   Wilmington, DE 19801
                   Tel: 302-571-6600
                   E-mail: sgreecher@ycst.com

                     - and -

                   Justin H. Rucki, Esq.
                   YOUNG, CONAWAY, STARGATT & Taylor, LLP
                   Rodney Square
                   1000 North King Street
                   Wilmington, DE 19801
                   Tel: 302-571-6600
                   E-mail: jrucki@ycst.com

Debtor's           Stephen Marotta
Restructuring      ANKURA CONSULTING GROUP
Advisor:           747 Third Avenue, 35th Floor
                   New York, NY 10017
                   Tel: (212) 818-1555

Debtor's           
Investment
Banker:            CANACCORD GENUITY, INC.

Debtor's           
Clams,
Noticing
& Balloting
Agent:             RUST CONSULTING/OMNI BANKRUPTCY

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Stephen Marotta, chief restructuring
officer.

List of Debtor's 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Trinity Syncardia Bridge LLC            Debt            $556,250
Attn: Tim Wolfe
3195 West Ray Rd, Suite 9
Chandler, AZ 85226
Tel: 480-963-9605
Fax: 480-963-0100
Email: tim@finconaz.com

Yarbrough Electronic Sales Inc.         Trade           $425,650
Attn: Darrel Yarbrough
2030 N. Forbes Blvd #104
Tucson, AZ 85745
Tel: 520-795-1603
Fax: 520-325-9607
Email: darrel@yespcb.biz

Sorin Group Italia S.r.l.               Trade           $384,100
Attn: Patrizio Parpinel
Via Benigno, Crespi 17
20159 Milano Italy
Tel: 39 0161 48779
Fax: 39 0535 25529
Email: patrizio.parpinel@sorin.com

University Medical Center Corporation    Debt           $312,469
Attn: Jeff Buehrle
1501 N. Campbell Ave
Tucson, AZ 85724
Tel: 520-694-4085
Fax: 520-694-9094

Cooley LLP                               Trade          $270,209
Attn; Steve Przesmicki
101 California St, 5th Floor
San Francisco, CA 94111-5800
Tel: 415-693-2000
Fax: 415-693-2222
Email: przes@cooley.com

RR Donnelley                             Trade          $264,519
Attn: Jerry Brown
PO Box 932721
Cleveland, OH 44193
Tel: 602-255-6135
Fax: 602-223-4456
Email: jerry.t.brown@rrd.com

Agility Lease Fund II, LLC               Debt            $253,562
Attn: Tim Wolfe
101 E Gurley St., Suite 202
Prescott, AZ 86301
Tel: 928-541-0771
Fax: 480-247-5099
Email: tim@finconaz.com

AorTech Biomaterials                   Judgment          $150,000
Email: eddimcdaid@aol.com

Roth Capital Partners                    Trade           $150,000
Email: jchambers@roth.com

Pirna County Treasurer                    Tax            $127,620

Foliage, Inc.                            Trade           $123,733
Email: johnc@foliage.com

Electrochem Solutions, Inc.              Trade           $110,217
Email:
mguerrero@greatbatchmedical.com

Tecomet, Inc.                            Trade           $108,354
Email: gary.gallup@tecomet.com

Hei-Tek Automation                       Trade           $102,378

Trinity Capital Investment LLC            Debt            $99,868

Cherrylake Partners, LLC                 Trade            $98,735
Email: whoge@riowestinc.com

BDO USA, LLP                             Trade            $94,077
Email: swolak@bdo.com

Sterling Tech Software                   Trade            $81,580
ehilliard@sterlingmedicaldevices.com

GSI Group Corporation                    Trade            $72,100
christopher.bell@gsig.com

Maquet Cardiovascular US Sales           Trade            $69,910
Email: paul.hanna@maquet.com

Injectronics Corporation                 Trade            $60,017
Email: jconnor@injectronics.com

On-X Life Technologies, Inc.             Trade            $57,936
Email: dsouthard@onxlti.com

Hogan Lovells US LLP                     Trade            $49,993
Email: stuart.langbein@hoganlovells.com

Air Squared Manufacturing                Trade            $49,900
Email: g.mandorfer@airsquared.com

Bronlyn Technologies                     Trade            $49,277
Email: sales@bronlyn.com

Nesco Resources LLC                      Trade            $48,984
Email: crodriguez@nescoresource.com

XP Power                                 Trade            $48,960
Email: lmediros@xppower.com

Americad Technology Corp.                Trade            $47,314
Email: mannyr@americadtech.com

New Era                                  Trade            $43,065
Email: accounting@neweramfg.com

Amphenol DC Electronics                  Trade            $35,067
Email: z_mehor@dcelectronics.com


SYSTEM SOLDING: Case Summary & 7 Unsecured Creditors
----------------------------------------------------
Debtor: System Solding (USA) Inc.
        18221 S. Susana Road
        Rancho Dominguez, CA 90221

Case No.: 16-18813

Type of Business: Waste & Environmental Services & Equipment

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Vincent P. Zurzolo

Debtor's Counsel: James S Yan, Esq.
                  LAW OFFICES OF JAMES S. YAN
                  980 S Arroyo Pkwy, Ste 250
                  Pasadena, CA 91105
                  Tel: 626-405-0872
                  Fax: 626-405-0970
                  E-mail: jsyan@msn.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $1 million to $10 million

The petition was signed by Chunming Li, president.

List of Debtor's Seven Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Bank of America                                          $22,897
PO Box 15796
Wilmington, DE19886

Bank of America                                          $18,334
PO Box 15796
Wilmington, DE19886

Employment Development             Taxes and Debts            $0
Department
Bankruptcy Group MIC 92E                      

Franchise Tax Board                Taxes and Debts            $0

Internal Revenue Service           Taxes and Debts            $0

Los Angeles County                 Taxes and Debts            $0
Tax Collector

State Board of Equalization        Taxes and Debts            $0


TCC GENERAL: Hires Steven R. Fox as Bankruptcy Counsel
------------------------------------------------------
TCC General Contracting, Inc., seeks permission from the U.S.
Bankruptcy Court for the Central District of California to employ
Steven R. Fox, Esq., at the Law Offices of Steven R. Fox as general
bankruptcy counsel.

The Firm will:

     a. advise the Debtor with respect to its powers and duties as

        a debtor-in-possession and the management of the property
        of the estate and to assist the Debtor in performing the
        duties required of it as a debtor-in-possession;

     b. negotiate, formulate, draft, and confirm a plan of
        reorganization and to attend hearings before this Court in

        connection with any proposed disclosure statements and
        plans of reorganization, and, then and there, to conduct,
        if necessary, examinations of interested parties and to
        advise the Debtor in connection with any proposed plan of
        reorganization or any proposal made in connection with a
        plan of reorganization;

     c. examine all claims filed in these proceedings in order to
        determine their nature, extent, validity and priority;

     d. advise and assist the Debtor in connection with the
        collection of assets, the sale of assets, or the
        refinancing of same in order to implement any plan of
        reorganization which might be confirmed in these
        proceedings;

     e. take actions as may be necessary to protect the properties

        of this estate from seizure or other proceedings, pending
        confirmation and consummation of the plan of
        reorganization in this case;

     f. advise the Debtor with respect to the rejection or        

        affirmation of executory contracts;

     g. advise and assist the Debtor in fulfilling its obligations

        as fiduciaries of the Chapter 11 estate;

     h. prepare all necessary pleadings pertaining to matters of
        bankruptcy law before the Court;

     i. prepare applications and reports as are necessary and
        for which the services of an attorney are required        

        including responding to the compliance requirements of the

        U.S. Trustee;

     j. render other legal services for the Debtor for which the
        services of a bankruptcy attorney may be necessary during
        the pendency of this case;

     k. all legal services required to assist the Debtor in
        fulfilling its duties under 11 U.S.C. Sections 1106 and
        1107, including all contested matters but 24 excluding tax

        and securities related services.

The Firm will be paid at these hourly rates:

        Principal                   $450
        Associate Time            $250-$450
        Law Clerk/Paralegal         $125

Prepetition, the father of the Debtor's president paid $30,000 to
the Debtor as a gift on behalf of the Debtor.  The Debtor paid the
balance of the retainer, $8,283 plus the Chapter 11 filing fee.
Prepetition, the Firm incurred fees of $11,747 leaving $26,535.50
on hand in the client trust account when the Chapter 11 case
started.  The Debtor and the Firm agree that $11,747 of the
retainer was earned for services preformed prepetition.  The
balance of the retainer is an advance against fees retainer.  It is
refundable pursuant to the retainer agreement to the extent that
counsel does not perform services which are to be paid for from the
retainer.

Steven R. Fox, Esq., at the Firm assures the Court that he and the
Firm are disinterested persons within the meaning of Sections 101
(14) and 327 of the U.S. Bankruptcy Code and Bankruptcy Rule 5002.

       Steven R. Fox, Esq.
       Law Offices of Steven R. Fox
       17835 Ventura Boulevard, Suite 306
       Encino, CA 91316
       Tel: (818) 774-3545
       Fax: (818) 774-3707
       E-mail: emails@foxlaw.com

TCC General Contracting, Inc., operates a water and fire
restoration company in Lancaster, California.  It employs 30
employees and, based on gross revenues year to date, would realize
gross revenues of perhaps $3.3 million.  It filed for Chapter 11
bankruptcy protection (Bankr. C.D. Calif. Case No. 16-18301) on
June 22, 2016.


TCC GENERAL: Taps Lucove Say as Certified Public Accountant
-----------------------------------------------------------
TCC General Contracting, Inc., asks for permission from the U.S.
Bankruptcy Court for the Central District of California to employ
Lucove, Say & Co. as certified public accountant.

The Firm will, among other things:

     a. review the Debtor's financial status and to determine
        those accounting and financial changes which are
        appropriate and necessary;

     b. assist the Debtor in determining whether post-petition DIP

        financing is appropriate and if so to assist the Debtor to

        obtain said financing;

     c. review the Debtor's financial records and assist counsel
        determining what avoidance actions, if any, should be
        brought against insiders and others for the benefit of the

        estate;

     d. prepare tax returns, to handle audits and to take steps
        necessary to reduce the estate's liabilities; and

     e. render other accountancy services for the Debtor for which

        services of an accountant may be necessary during the
        pendency of this case.

Richard Say, CPA, a partner at the Firm will provide most of the
accountancy services and will be paid $300 per hour.

Mr. Say assures the Court that neither the Firm, its employees nor
him have had any connection with the Debtor prior to the filing of
the petition, the creditors or any other party-in-interest, or
their respective attorneys or accountants, and represent no
interest adverse to the Debtor-in-Possession or the estate in
matters upon which it is to be employed.

Prepetition, the Debtor paid $4,000 to the Firm as its retainer for
this case.  The retainer will be deposited into a segregated
account and will be drown down 19 on only in compliance with the
U.S. Trustee Guideline and by order of the Court.  The retainer is
an advance against fees for services to be rendered.

The Firm can be reached at:

        Lucove, Say, & Co.
        Richard Say, CPA
        23901 Calabasas Road, Suite 2085
        Calabasas, CA 91302-3380
        Phone 1: (818) 224-4411
        Phone 2: (888) 223-8900
        Fax: (818) 225-7054
        E-mail: RSay@Lucovesay.com

TCC General Contracting, Inc., operates a water and fire
restoration company in Lancaster, California.  It employs 30
employees and, based on gross revenues year to date, would realize
gross revenues of perhaps $3.3 million.  It filed for Chapter 11
bankruptcy protection (Bankr. C.D. Calif. Case No. 16-18301) on
June 22, 2016.  The Law Offices of Steven R. Fox serves as the
Debtor's general bankruptcy counsel.


TENKORIS LLC: Seeks to Hire Davis Miles as Legal Counsel
--------------------------------------------------------
Tenkoris, LLC seeks approval from the U.S. Bankruptcy Court for the
District of Arizona to hire Davis Miles McGuire Gardner, PLLC as
its legal counsel.

Tenkoris tapped the firm to give legal advice with respect to its
rights, duties and power as a debtor-in-possession; prepare legal
papers; represent the company at hearings and meetings of
creditors; and perform other legal services in connection with its
Chapter 11 case.

The firm's professionals and their hourly rates are:

     Partner      $380
     Associate    $240
     Paralegal    $100

Davis Miles does not have any connection with the Debtor or its
creditors, according to court filings.

The firm can be reached through:

     Pernell W. McGuire, Esq.
     Davis Miles McGuire Gardner, PLLC
     40 E Rio Salado Parkway, Ste 425
     Tempe, AZ 85281
     Tel: 480-733-6800
     Fax: 480-733-3748
     Email: pmcguire@davismiles.com
            azbankruptcy@davismiles.com

                        About Tenkoris LLC

Tenkoris, LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Case No. 16-07290) on June 27, 2016.  The
petition was signed by Ken Olcher, managing member.  

At the time of the filing, the Debtor disclosed $305,855 in assets
and $1.02 million in liabilities.


THERAPEUTICSMD INC: Reveals Filing Timeline for Yuvvexy NDA
-----------------------------------------------------------
TherapeuticsMD, Inc., expects that the New Drug Application (NDA)
for Yuvvexy, the conditionally approved trade name for the
Company's TX-004HR drug candidate, will be submitted to the Food
and Drug Administration on or before July 15, 2016.  The NDA is
being finalized in Electronic Common Technical Document (eCTD)
format and will be submitted to the FDA following electronic
publishing activities and technical document validation.  Yuvexxy
is an applicator-free, vaginal, estradiol softgel capsule being
proposed for the treatment of moderate-to-severe vaginal pain
during sexual intercourse (dyspareunia), a symptom of vulvar and
vaginal atrophy (VVA) due to menopause.  TherapeuticsMD completed
the phase 3 Rejoice Trial for Yuvvexy in December 2015.

                        About TherapeuticsMD

Boca Raton, Florida-based TherapeuticsMD, Inc. (OTC QB: TXMD) is a
women's healthcare product company focused on creating and
commercializing products targeted exclusively for women.  The
Company currently manufactures and distributes branded and generic
prescription prenatal vitamins as well as over-the-counter
vitamins and cosmetics.  The Company is currently focused on
conducting the clinical trials necessary for regulatory approval
and commercialization of advanced hormone therapy pharmaceutical
products designed to alleviate the symptoms of and reduce the
health risks resulting from menopause-related hormone
deficiencies.

For the year ended Dec. 31, 2015, the Company reported a net loss
of $85.07 million on $20.1 million of net revenues compared to a
net loss of $54.2 million on $15.0 million of net revenues for the
year ended Dec. 31, 2014.

As of Dec. 31, 2015, the Company had $73.7 million in total assets,
$10.7 million in total liabilities, all current, and $63.1 million
in total stockholders' equity.


THORNBURG MORTGAGE: Jury Clears Former Execs of Some Charges
------------------------------------------------------------
Patrick Fitzgerald, writing for Daily Bankruptcy Review, reported
that a federal jury has cleared two former executives at Thornburg
Mortgage Inc. of five counts of securities fraud but failed to
reach a decision on five other others.

According to the report, the Securities and Exchange Commission
sued former Thornburg Chief Executive Larry A. Goldstone and former
Chief Financial Officer Clarence G. Simmons III, claiming they hid
the extent of the company's deteriorating financial condition at
the onset of the financial crisis.

Mark Oswald, writing for The Albuquerque Journal, reported that the
SEC maintained in a 2012 lawsuit that Messrs. Goldstone and Simmons
and Jane E. Starrett -- hid the company's deteriorating financial
condition at the onset of the housing market collapse by issuing
misleading statements and half truths, including by overstating
income by $428 million in a 2007 annual report.

Starrett, who was Santa Fe-based Thornburg Mortgage's chief
accounting officer, reached a settlement with the SEC in June, just
before the trial started in front of U.S. District Judge James O.
Browning in Albuquerque, the report related.  She agreed to pay a
$25,000 penalty and can’t practice as an officer or director of
an SEC-regulated company for three years, the report said.

                       About Thornburg Mortgage

Based in Santa Fe, New Mexico, Thornburg Mortgage Inc. (NYSE: TMA)
-- http://www.thornburgmortgage.com/-- was a single-family   
residential mortgage lender focused principally on prime and
super-prime borrowers seeking jumbo and super-jumbo adjustable
rate mortgages.  It originated, acquired, and retained investments
in adjustable and variable rate mortgage assets.  Its ARM assets
comprised of purchased ARM assets and ARM loans, including
traditional ARM assets and hybrid ARM assets.

Thornburg Mortgage and its four affiliates filed for Chapter 11
bankruptcy (Bankr. D. Md. Lead Case No. 09-17787) on May 1, 2009.
Thornburg changed its name to TMST, Inc.

Judge Duncan W. Keir is handling the case.  David E. Rice, Esq.,
at Venable LLP, in Baltimore, Maryland, served as counsel to
Thornburg Mortgage.  Orrick, Herrington & Sutcliffe LLP served as
special counsel.  Jim Murray and David Hilty of Houlihan Lokey
Howard & Zukin Capital, Inc., served as investment banker and
financial advisor.  Protiviti Inc. served as financial advisory
services.  KPMG LLP served as the tax consultant.  Epiq Systems,
Inc., serves claims and noticing agent.  Thornburg disclosed total
assets of $24.4 billion and total debts of $24.7 billion, as of
Jan. 31, 2009.

On Oct. 28, 2009, the Court approved the appointment of Joel I.
Sher as the Chapter 11 Trustee for the Company, TMST Acquisition
Subsidiary, Inc., TMST Home Loans, Inc., and TMST Hedging
Strategies, Inc.  He is represented by his firm, Shapiro Sher
Guinot & Sandler.


TOOLING SCIENCE: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Tooling Science, Inc.
        9424 Deerwood Lane N.
        Osseo, MN 55369

Case No.: 16-41999

Chapter 11 Petition Date: June 30, 2016

Court: United States Bankruptcy Court
       District of Minnesota (Minneapolis)

Judge: Hon. William J Fisher

Debtor's Counsel: Thomas Flynn, Esq.
                  LARKIN HOFFMAN DALY & LINDGREN LTD.
                  8300 Norman Center Dr, Ste 1000
                  Bloomington, MN 55437
                  Tel: 952-896-3362
                  E-mail: tflynn@larkinhoffman.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Brian Burley, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mnb16-41999.pdf


TRIANGLE PETROLEUM: Appoints James Shein as Director
----------------------------------------------------
The Board of Directors of Triangle Petroleum Corporation was
expanded from five to six directors, and James B. Shein was
appointed to fill the newly created vacancy, effective immediately.
Prior to his appointment, the Board determined that Mr. Shein
meets the independence requirements under the NYSE MKT rules.  Mr.
Shein has been named to the Audit Committee and the newly formed
Special Committee, which will act on behalf of the Board with
respect to certain matters in connection with Company's ongoing
evaluation of strategic alternatives.

Mr. Shein has no family relationship with any director or executive
officer of the Company and has not been involved in any related
person transactions that would require disclosure pursuant to Item
404(a) of Regulation S-K.  Mr. Shein has executed the Company's
standard form of Indemnification Agreement.

                     About Triangle USA

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
in the U.S. Bankruptcy Court for the District of Delaware on
June 29, 2016.  The cases are pending before the Honorable Mary F.
Walrath, and the Debtors have requested that their cases be jointly
administered under Case No. 16-11566.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as financial advisor, PJT Partners
Inc. as investment banker and Prime Clerk LLC as claims & noticing
agent.

In its petition, TUSA estimated assets in the range of $500 million
to $1 billion and liabilities of up to $1 billion.


TRIANGLE PETROLEUM: Inks Tax Benefits Preservation Plan
-------------------------------------------------------
Triangle Petroleum Corporation entered into a Tax Benefits
Preservation Plan, which provides for a dividend distribution of
one preferred stock purchase interest for each share of the
Company's common stock, par value $0.00001 per share, outstanding
at the close of business on July 8, 2016, and the issuance of one
Interest (subject to adjustment) in respect of each share of Common
Stock issued after the Record Date.  Each Interest will initially
represent the right to purchase, for $5.00, one one-thousandth of a
share of Series A Junior Participating Preferred Stock, par value
$0.00001 per share, subject to the terms, provisions and conditions
of the Plan and the exhibits thereto. The issuance of Preferred
Stock pursuant to the Plan will be subject to stockholder
approval.


The purpose of the Plan is to protect the Company's ability to use
certain tax assets, such as net operating loss carryforwards and
built-in losses, to offset future income.  The Company's use of the
Tax Assets in the future would be significantly limited if it were
to experience an "ownership change" for U.S. federal income tax
purposes.  In general, an "ownership change" will occur if there is
a cumulative change in the Company's ownership by "5% shareholders"
(as defined under U.S. income tax laws) that exceeds 50 percentage
points over a rolling three-year period.

The Plan is designed to reduce the likelihood that the Company will
experience an ownership change by (i) discouraging any person or
group of affiliated or associated persons from becoming a 5%
shareholder and (ii) discouraging any Acquiring Person from
acquiring additional shares of the Common Stock.  There is no
guarantee, however, that the Plan will prevent the Company from
experiencing an ownership change.

A corporation that experiences an ownership change will generally
be subject to an annual limitation on certain of its pre-ownership
change Tax Assets in an amount generally equal to the equity value
of the corporation immediately before the ownership change subject
to certain adjustments, multiplied by the "long-term tax-exempt
rate."

After giving careful consideration to this issue, the Board of
Directors of the Company has concluded that the Plan is in the best
interests of the Company and its stockholders.

The Interests will not be exercisable until the earlier of (i) ten
business days after the date of the announcement that a person has
become an Acquiring Person and (ii) ten business days (or such
later day as may be designated by the Board) after the date of the
announcement or commencement of a tender or exchange offer by any
person which would, if consummated, result in a person or group
becoming an Acquiring Person.  The date that the Interests become
exercisable is referred to as the "Distribution Date."

After any person has become an Acquiring Person, each Interest
(other than Interests treated as beneficially owned under certain
U.S. tax rules by the Acquiring Person) will generally entitle the
holder to purchase for the Purchase Price a number of shares of
Common Stock (or, in certain circumstances, cash, property or other
assets of the Company) having a market value of twice the Purchase
Price.

The definition of "Acquiring Person" contained in the Plan contains
several exemptions, including for (i) the Company or any of its
subsidiaries; (ii) any employee benefit plan of the Company, or of
any subsidiary of the Company, or any person or entity organized,
appointed or established by the Company for or pursuant to the
terms of any such plan; (iii) the U.S. Government; (iv) any person
who becomes a 5% shareholder as a result of a reduction in the
number of shares of Common Stock by the Company or a stock
dividend, stock split, reverse stock split or similar transaction,
unless and until such person increases his ownership by more than
one-quarter of one percentage point over such person's lowest
percentage stock ownership on or after the consummation of the
relevant transaction; (v) any person who, together with all
affiliates and associates of such person, was a 5% shareholder on
the date of the Plan, unless and until such person and its
affiliates and associates increase their aggregate ownership by
more than one-quarter of one percentage point over their lowest
percentage stock ownership on or after the date of the Plan or
decrease their aggregate percentage stock ownership below 5%; (vi)
any person who, within 10 business days of being requested by the
Company to do so, certifies to the Company that such person became
an Acquiring Person inadvertently or without knowledge of the terms
of the Interests and who, together with all affiliates and
associates, thereafter within 10 business days following such
certification disposes of such number of shares of Common Stock so
that it, together with all affiliates and associates, ceases to be
an Acquiring Person; or (vii) any person that the Board has
affirmatively determined shall not be deemed an Acquiring Person.

At any time after any person has become an Acquiring Person (but
before any person becomes the beneficial owner of 50% or more of
the outstanding shares of the Company's common stock), the Board
may generally exchange all or part of the Interests (other than
Interests beneficially owned under certain U.S. tax rules by an
Acquiring Person) for shares of Common Stock at an exchange ratio
of one share of Common Stock per Interest.

The Interests may be redeemed by the Company at any time until ten
business days following the Stock Acquisition Date, at a price of
$0.00001 per Interest, referred to as the "Redemption Price."
Immediately upon the action of the Board ordering redemption of the
Interests, the Interests will terminate and the only right of the
holders of Interests will be to receive the Redemption Price.

Until an Interest is exercised, the holder thereof, as such, will
have no rights as a stockholder of the Company with respect to the
ownership of the Interest, including, without limitation, the right
to vote or to receive dividends.  While the distribution of the
Interests will not be taxable to stockholders or to the Company,
stockholders may, depending upon the circumstances, recognize
taxable income in the event that the Interests become exercisable
for Common Stock (or other consideration) of the Company or for
common stock of the acquiring company or in the event of the
redemption of the Interests as set forth above.

Prior to a Distribution Date, the Interests will be evidenced by
the certificates for (or current ownership statements issued with
respect to uncertificated shares in lieu of certificates) and will
be transferred with, the Common Stock, and the registered holders
of the Common Stock will be deemed to be the registered holders of
the Interests.  As soon as practicable after the Distribution Date,
Interests Certificates will be mailed to holders of record of the
Common Stock as of the close of business on the Distribution Date
and, thereafter, the separate Interests Certificates alone will
represent the Interests.

The Interests will expire on June 28, 2019, unless such date is
extended or the Interests are earlier redeemed or exchanged by the
Company.

At any time prior to a Distribution Date, the Plan may be amended
in any respect.  At any time after the occurrence of a Distribution
Date, the Plan may be amended in any respect that does not
adversely affect Interests holders (other than any Acquiring
Person).

                        About Triangle USA

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
in the U.S. Bankruptcy Court for the District of Delaware on
June 29, 2016.  The cases are pending before the Honorable Mary F.
Walrath, and the Debtors have requested that their cases be jointly
administered under Case No. 16-11566.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as financial advisor, PJT Partners
Inc. as investment banker and Prime Clerk LLC as claims & noticing
agent.

In its petition, TUSA estimated assets in the range of $500 million
to $1 billion and liabilities of up to $1 billion.


TRIANGLE PETROLEUM: Unit CEO Gets $565,000 Incentive Payment
------------------------------------------------------------
RockPile Energy Services, LLC, a wholly-owned subsidiary of
Triangle Petroleum Corporation entered into an incentive
compensation agreement with R. Curt Dacar, its chief executive
officer.  Pursuant to the Compensation Agreement, Mr. Dacar was
paid $565,000 as an incentive to remain employed with RockPile
through a certain date.  Mr. Dacar must repay the Incentive (net of
applicable taxes) if he resigns without Good Reason or his
employment is terminated by the Company without Cause (as those
terms are defined in the Compensation Agreement) before the
"Commitment Date," which is the earliest of March 8, 2017, or the
occurrence of certain significant events affecting RockPile's
business.

                       About Triangle USA

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
in the U.S. Bankruptcy Court for the District of Delaware on
June 29, 2016.  The cases are pending before the Honorable Mary F.
Walrath, and the Debtors have requested that their cases be jointly
administered under Case No. 16-11566.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as financial advisor, PJT Partners
Inc. as investment banker and Prime Clerk LLC as claims & noticing
agent.

In its petition, TUSA estimated assets in the range of $500 million
to $1 billion and liabilities of up to $1 billion.


TRIANGLE USA: Moody's Lowers PDR to D-PD Over Bankruptcy Filing
---------------------------------------------------------------
Moody's Investors Service downgraded Triangle USA Petroleum
Corporation's (TUSA) Probability of Default Rating (PDR) to D-PD
from Caa2-PD, following the company's announcement that it has
filed voluntary petitions for relief under chapter 11 of the United
States Bankruptcy Code in the United States Bankruptcy Court for
the District of Delaware.  Concurrently, Moody's downgraded TUSA's
Corporate Family Rating (CFR) to Ca from Caa2 and its senior
unsecured notes rating to C from Caa3.  The outlook remains
negative.

Downgrades:

Issuer: Triangle USA Petroleum Corporation
  Probability of Default Rating, Downgraded to D-PD from Caa2-PD
  Corporate Family Rating, Downgraded to Ca from Caa2
  Senior Unsecured Regular Bond/Debenture, Downgraded to C (LGD5)
   from Caa3 (LGD5)

Outlook Actions:

Issuer: Triangle USA Petroleum Corporation
  Outlook, Remains Negative

                        RATINGS RATIONALE

The downgrade of TUSA's PDR to D-PD is a result of the bankruptcy
filing.  The downgrade of TUSA's other ratings reflect Moody's view
of the potential overall recoveries.

Shortly following this rating action, Moody's will withdraw all
ratings for the company consistent with Moody's practice for
companies operating under the purview of the bankruptcy courts
wherein information flow typically becomes much more limited.

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

Triangle USA Petroleum Corporation (TUSA) is an independent oil and
gas exploration and production (E&P) company, wholly-owned by
Triangle Petroleum Corporation (TPLM).  The company leases 107,000
net acres in the Williston Basin, out of which 79,000 net acres are
located in the company's focus areas of McKenzie and Williams
counties in North Dakota, and eastern Roosevelt and Sheridan
counties in Montana.


TRIANGLE USA: S&P Lowers CCR to 'D' on Bankruptcy Agreement
-----------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Denver,
Co.-based E&P company Triangle USA Petroleum Corp. to 'D' from
'CCC'.  In addition, S&P lowered the senior unsecured rating to 'D'
from 'CC'.

The 'D' corporate credit rating reflects Triangle's announcement
that it has reached an agreement in principle with its noteholders
to enter into a prearranged Chapter 11 bankruptcy.  Under the terms
of the agreement, the company's notes will be converted into equity
and a new money rights offering for $100 million.  S&P views the
result as a general default given that Triangle will fail to pay
its unsecured note obligations.


TRUMP ENTERTAINMENT: Union Goes on Strike Against Taj Mahal Casino
------------------------------------------------------------------
Daily Bankruptcy Review, citing the Associated Press, reported that
striking union members chanted, banged drums and blew whistles as
part of a raucous picket line on Atlantic City's Boardwalk outside
the Trump Taj Mahal casino on July 1 amid a contract dispute with
owner and billionaire investor Carl Icahn at the start of the
busiest weekend of the year for the casino industry.

According to the report, Local 54 of the Unite-HERE union was
unable to reach a new contract with the Taj Mahal, which terminated
workers' health insurance and pension benefits nearly two years
ago.

The Troubled Company Reporter, citing Bill Rochelle, in his Daily
Wire column for the American Bankruptcy Institute, reported that
the Supreme Court will not be deciding whether bankruptcy courts
retain power to reject labor contracts after they have expired by
their own terms.

According to Mr. Rochelle, in Hostess Brands Inc., Bankruptcy
Judge
Robert Drain from White Plains, New York, held in 2012 that the
power to terminate a collective bargaining agreement ends when the
contract expires, even though labor law requires the company to
abide by the expired contract until the National Labor Relations
Board declares impasse in negotiations. Judge Drain relied on the
language of Section 1113.

Focusing instead on the purpose of the statute, the Third Circuit
held to the contrary in January and found power to reject an
expired union contract in the reorganization of Trump
Entertainment
Resorts Inc., Mr. Rochelle related.  The union filed a petition
for
certiorari that the Supreme Court denied on May 31, likely because
the Third Circuit was the first court of appeals to decide the
issue, Mr. Rochelle recalled.

The Third Circuit's Trump Entertainment opinion resulted from an
October 2014 decision by Bankruptcy Judge Kevin Gross of
Wilmington, Del., who sided with the casino operator and held
there
was power to reduce wages or benefits in expired contracts, Mr.
Rochelle said.  Judge Gross allowed a direct appeal to the
circuit.
Donald Trump was not involved in ownership of Trump Entertainment
Resorts Inc., Mr. Rochelle added.

The certiorari petition was Unite Here Local 54 v. Trump
Entertainment Resorts Inc., 15-1286 (Sup. Ct. May 31, 2016).

                   About Trump Entertainment

Based in Atlantic City, New Jersey, Trump Entertainment Resorts
Inc. (NASDAQ: TRMP) -- http://www.trumpcasinos.com/-- owns and    

operates three casino hotel properties in Atlantic City, New
Jersey, which include Trump Taj Mahal Casino Resort, Trump Plaza
Hotel and Casino, and Trump Marina Hotel Casino.  The Company
conducts gaming activities and provides customers with casino
resort and entertainment.

Donald Trump is a shareholder of the Company and, as its non-
executive Chairman, is not involved in the daily operations of the
Company.  The Company is separate and distinct from Mr. Trump's
privately held real estate and other holdings.

Trump Entertainment Resorts, TCI 2 Holdings, LLC, and other
affiliates filed for Chapter 11 protection on Feb. 17, 2009
(Bankr. D. N.J. Lead Case No. 09-13654).  The Company tapped
Charles A. Stanziale, Jr., Esq., at McCarter & English, LLP, as
lead counsel, and Weil Gotshal & Manges as co-counsel.  Ernst &
Young LLP served as the Company's auditor and accountant and
Lazard Freres & Co. LLC was the financial advisor.  Garden City
Group was the claims agent.  The Company disclosed assets of
$2,055,555,000 and debts of $1,737,726,000 as of Dec. 31, 2008.

Trump Hotels & Casino Resorts, Inc., filed for Chapter 11
protection on Nov. 21, 2004 (Bankr. D. N.J. Case No. 04-46898
through 04-46925).  Trump Hotels obtained the Court's confirmation
of its Chapter 11 plan on April 5, 2005, and in May 2005, it
exited from bankruptcy under the name Trump Entertainment Resorts
Inc.

                           *     *     *

The Troubled Company Reporter, on March 19, 2015, reported that
Judge Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware confirmed Trump Entertainment Resorts, Inc., et al.'s
Third Amended Joint Plan of Reorganization and Disclosure
Statement
pursuant to Section 1129 of the Bankruptcy Code.

The Debtors filed on January 5, 2015, the Plan and accompanying
Disclosure Statement to, among other things, provide that holders
of General Unsecured Claims will receive Distribution Trust
Interests, which will include $1 million in cash and the proceeds,
if any, of certain avoidance actions.  Under the revised plan,
holders of general unsecured claims are estimated to recover 0.47%
to 0.43% of their total allowed claim amount.  The Amended Plan
also includes language reflecting the recently-approved $20
million loan from Carl Icahn.


TWO MILE RANCH: Case Summary & 9 Unsecured Creditors
----------------------------------------------------
Debtor: Two Mile Ranch
        18503 LCR 42.5
        Sterling, CO 80751-9613

Case No.: 16-16615

Chapter 11 Petition Date: July 1, 2016

Court: United States Bankruptcy Court
       District of Colorado (Denver)

Judge: Hon. Elizabeth E. Brown

Debtor's Counsel: Arthur Lindquist-Kleissler, Esq.
                  LINDQUIST-KLEISSLER & COMPANY, LLC
                  950 S. Cherry St., Ste. 510
                  Denver, CO 80246
                  Tel: 303-691-9774
                  Fax: 303-756-8982
                  E-mail: Arthuralklaw@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mark A. Pauling, partner/manager.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/cob16-16615.pdf


UNCAS LLC: Seeks to Hire Coan Lewendon as Legal Counsel
-------------------------------------------------------
Uncas, LLC seeks approval from the U.S. Bankruptcy Court for the
District of Connecticut to hire Coan, Lewendon, Gulliver &
Miltenberger LLC as its legal counsel.

The Debtor tapped the firm to provide these services in connection
with its Chapter 11 case:

     (a) give legal advice with respect to its business,
         operations, and the management of its property;

     (b) negotiate arrangements with creditors with respect to
         their claims and treatment of their claims under a plan
         of reorganization;

     (c) institute and defend litigation in the bankruptcy court
         and other courts; and

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

The firm's professionals and their hourly rates are:

     Partners            $400
     Counsel             $320
     Associates          $250
     Paralegals    $95 - $110

Carl Gulliver, Esq. disclosed in a court filing that the firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Carl T. Gulliver, Esq.
     Coan, Lewendon, Gulliver & Miltenberger LLC
     495 Orange Street
     New Haven, CT 06511
     Tel: (203) 624-4756
     Fax: 203-865-3673
     Email: cgulliver@coanlewendon.com

                        About Uncas LLC

Uncas, LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 16-50849) on June 28, 2016.  The
petition was signed by Michael F. Calise, member.  

At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


UNIQUE RECYCLING: Taps Fallon & Fallon as Legal Counsel
-------------------------------------------------------
Unique Recycling Corporation of California received approval from
the U.S. Bankruptcy Court for the Northern District of California
to hire the Law Offices of Fallon & Fallon.

The Debtor tapped the firm to serve as its legal counsel in
connection with its Chapter 11 case.

The firm's professionals who will provide the services and their
hourly rates are: Michael Fallon, $450; Michael Fallon, Jr., $250;
and legal assistant, $150.

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

The firm can be reached through:

     Michael Fallon
     Law Offices of Fallon & Fallon
     100 E. Street, Suite 219
     Santa Rosa, CA 95404
     Tel: (707) 546-6770

                     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.


VERTELLUS SPECIALTIES: Committee Taps Morris James as Co-Counsel
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Vertellus
Specialties Inc., et al., asks for authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Morris
James LLP as counsel nunc pro tunc to June 9, 2016.

A hearing on the Debtors' request is set for July 12, 2016, at
10:00 am. (ET).  Objections to the request must be filed by July 5,
2016, at 4:00 pm. (ET).

On June 9, 2016, the Committee selected Hahn & Hessen LLP and
Morris James to serve as co-counsel to the Committee.

Morris James will:

     a. provide legal advice and assistance to the Committee in
        its consultations with the Debtors relative to the
        Debtors' administration of its reorganization;

     b. review and analyze all applications, motions, orders,
        statements of operations and schedules filed with the
        Court by the Debtors or third parties, advise the
        Committee as to their propriety, and, after consultation
        with the Committee, take appropriate action;

     c. prepare necessary applications, motions, answers, orders,
        reports and other legal papers on behalf of the Committee;

     d. represent the Committee at hearings held before the Court
        and communicate with the Committee regarding the issues
        raised, as well as the decisions of the Court; and

     e. perform all other legal services for the Committee which
        may be reasonably required in this proceeding.

Morris James will be paid at these hourly rates:

        Jeffrey R. Waxman, Esq., Partner         $530
        Eric J. Monzo, Esq., Partner             $450
        Jamie Dawson, Paralegal                  $220

Jeffrey R. Waxman, Esq., a partner at Morris James, assures the
Court that Morris James is a disinterested person as that term is
defined in Section 101(14) of Title 11 of the U.S. Code, 11 U.S.C.
Sections 101 et seq., as modified by Section 1103(b) of the
Bankruptcy Code, in that the Firm, its partners, of counsel and
associates:

     a. are not creditors, equity security holders or insiders of
        the Debtors;

     b. are not and were not within two years before the date
        of the filing of the Debtors' Chapter 11 petition, a       

        director, officer, or employee of the Debtors; and

     c. does not have an interest materially adverse to the
        interest of the Debtors' estate or of any class of
        creditors or equity security holders, by reason of
        any direct or indirect relationship to, connection with,
        or interest in, the Debtors, or for any other reason.

In order to comply with the U.S. Trustees' Appendix B - Guidelines
for Reviewing Applications for Compensation and Reimbursement of
Expenses Filed under 11 U.S.C. Section 330 by Attorneys in Larger
Chapter 11 Cases, as required to be answered in all applications
for employment filed under Section 327 or 1103 of the Bankruptcy
Code, which became effective on Nov. 1, 2013, Mr. Waxman makes
these disclosures:

     a. Morris James did not agree to a variation of its standard
        or customary billing arrangements for this engagement;

     b. None of the professionals included in this engagement have

        varied their rate based upon the geographic location of
        these Chapter 11 cases; and

     c. The Committee retained Morris James on June 9, 2016.  The
        billing rates for the period prior to this application are

        the same as indicated in this application.

                   About Vertellus Specialties

Vertellus Specialties Inc. is a global specialty chemicals company
focused on the manufacture of ingredients used in pharmaceuticals,
personal care, nutrition, agriculture, and a host of other market
areas affected by trends favoring "green" technologies and
chemistries.

Headquartered in Indianapolis, Indiana, Vertellus Specialties Inc.
and several affiliates filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-11289 to 16-11299) on
May 31, 2016.  Judge Christopher S. Sontchi presides over the
case.

Stuart M. Brown, Esq., Kaitlin M. Edelman, Esq., Richard A.
Chesley, Esq., Daniel M. Simon, Esq., and David E. Avraham, Esq.,
at DLA Piper LLP (US) serve as the Debtors' bankruptcy counsel.

Jefferies LLC is the Debtors' investment banker.  Andrew Hinkelman
at FTI Consulting, Inc., is the Debtors' chief restructuring
officer.  Kurtzman Carson Consultants is the Debtors' claims and
noticing agent.

The Debtors estimated their assets at between $100 million and
$500 million and debts at between $500 million and $1 billion.

The petitions were signed by Anne Frye, vice president, secretary
and general counsel.


VERTELLUS SPECIALTIES: Hires Hahn & Hessen as Lead Counsel
----------------------------------------------------------
The Official Committee of Unsecured Creditors of Vertellus
Specialties Inc., et al., asks for authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Hahn &
Hessen LLP as lead counsel nunc pro tunc to June 9, 2016.

A hearing on the Debtors' request is set for July 12, 2016, at
10:00 am. (ET).  Objections to the request must be filed by July 5,
2016, at 4:00 pm. (ET).

On June 9, 2016, the Committee selected H&H to serve as its lead
counsel, Morris James LLP to serve as its Delaware counsel, and
Zolfo Cooper, LLC, to serve as its financial advisor.

H&H has agreed to be retained to advise and represent the Committee
in the performance of its duties, including:

     a. rendering legal advice to the Committee with respect to
        its duties and powers in this case;

     b. assisting the Committee in its investigation of the acts,
        conduct, assets, liabilities, and financial condition of
        the Debtors, the operation of the Debtors' businesses, the
        desirability of continuance of the businesses, and any     
   
        other matters relevant to these cases or to the business
        affairs of the Debtors; requirements was based exclusively

        on the facts and circumstances of the Debtors' Chapter 11
        cases, and H&H fully reserves the right to object to the
        requirements, or any other requirements contained in the
        UST Guidelines, in future cases should it determine that
        it is appropriate to do so;

     c. advising the Committee with respect to the proposed
        debtor-in-possession financing;

     d. advising the Committee with respect to any proposed sale
        of the Debtors' assets or a sale of the Debtors' business
        operations and any other relevant matters;

     e. advising the Committee with respect to any proposed plan
        of reorganization or liquidation and the prosecution of
        claims against third parties, if any, and any other
        matters relevant to the cases or to the formulation of a
        plan of reorganization or liquidation;

     f. assisting the Committee in requesting the appointment of a

        trustee or examiner pursuant to Section 1104 of the
        Bankruptcy Code, if necessary and appropriate; and

     g. performing other legal services, which may be required by,

        and which are in the best interests of, the unsecured
        creditors, which the Committee represents.

As required by the Guidelines for Reviewing Applications for
Compensation and Reimbursement of Expenses Filed Under 11 U.S.C.
Section 330 by Attorneys in Larger Chapter 11 Cases, effective Nov.
1, 2013, H&H responds to these questions set forth in Section D of
the UST Guidelines:
   
     a. H&H did not agree to a variation of its standard or
        customary billing arrangement for this engagement;

     b. None of the professionals included in this engagement have

        varied their rate based on the geographic location of
        these Chapter 11 cases;

     c. H&H did not represent the Committee prior to the Petition
        Date; and

     d. The Committee has approved H&H's proposed rates and
        staffing plan.

The H&H attorneys and paraprofessionals staffed on this case for
particular assignment, subject to modification depending upon
further development.  These H&H has agreed to comply with the
budget and staff reporting requirements contained in the UST
Guidelines solely in connection with the Debtors' Chapter 11 cases.
The decision to accept these professionals will work on certain
aspects of the case, and H&H has agreed to staff specific
matters so as to avoid duplication of efforts:

        Mark T. Power, Esq., Partner                $850
        Mark S. Indelicato, Esq., Partner           $850
        Don D. Grubman, Esq., Partner               $770
        Janine M. Figueiredo, Esq., Partner         $675
        Jeffrey Zawadzki, Esq., Associate           $605
        Joseph Orbach, Esq., Associate              $585
        Alison M. Ladd, Esq., Associate             $495
        Sandra Y. Thompson, Paralegal               $260  

Mark T. Power, Esq., a member at H&H, assures the Court that the
Firm is a "disinterested person" as that term is defined in Section
101(14) of Title 11 of the U.S. Code.

The Firm can be reached at:

        Mark T. Power, Esq.
        Hahn & Hessen LLP
        Partner, Bankruptcy & Restructuring
        488 Madison Avenue
        New York, NY 10022
        Tel: (212) 478-7350
        Fax: (212) 478-7400
        E-mail: mpower@hahnhessen.com

                   About Vertellus Specialties

Vertellus Specialties Inc. is a global specialty chemicals company
focused on the manufacture of ingredients used in pharmaceuticals,
personal care, nutrition, agriculture, and a host of other market
areas affected by trends favoring "green" technologies and
chemistries.

Headquartered in Indianapolis, Indiana, Vertellus Specialties Inc.
and several affiliates filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-11289 to 16-11299) on
May 31, 2016.  Judge Christopher S. Sontchi presides over the
case.

Stuart M. Brown, Esq., Kaitlin M. Edelman, Esq., Richard A.
Chesley, Esq., Daniel M. Simon, Esq., and David E. Avraham, Esq.,
at DLA Piper LLP (US) serve as the Debtors' bankruptcy counsel.

Jefferies LLC is the Debtors' investment banker.  Andrew Hinkelman
at FTI Consulting, Inc., is the Debtors' chief restructuring
officer.  Kurtzman Carson Consultants is the Debtors' claims and
noticing agent.

The Debtors estimated their assets at between $100 million and
$500 million and debts at between $500 million and $1 billion.

The petitions were signed by Anne Frye, vice president, secretary
and general counsel.


VISTA ENVIRONMENTAL: Taps Tavenner & Beran as Legal Counsel
-----------------------------------------------------------
Vista Environmental, Inc. seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Virginia to hire Tavenner &
Beran, PLC as its legal counsel.

Vista Environmental tapped the firm to provide these services in
connection with its Chapter 11 case:

     (a) advise the Debtor of its rights, powers and duties as a
         debtor-in-possession;

     (b) prepare legal papers;

     (c) advise the Debtor concerning, and prepare responses to,
         applications and other papers that may be filed and
         served in its case;

     (d) advise the Debtor with respect to, and assist in the
         negotiation and documentation of, financing agreements,
         debt and cash collateral orders and related transactions;

     (e) review the nature and validity of any liens asserted
         against the Debtor's property and advise the Debtor
         concerning the enforceability of such liens;

     (f) advise the Debtor regarding its ability to initiate
         actions to collect and recover property;

     (g) counsel the Debtor in connection with the formulation,
         negotiation and promulgation of a plan of reorganization
         and related documents;

     (h) advise and assist the Debtor in connection with any
         potential property dispositions;

     (i) advise the Debtor concerning executory contract and
         unexpired lease assumptions, assignments, rejections,
         restructurings and recharacterizations;

     (j) assist the Debtor in reviewing, estimating and resolving
         claims asserted against its estate;

     (k) commence and conduct litigation; and

     (l) provide general litigation and other non-bankruptcy
         services for the Debtor.

Lynn Tavenner and Paula Beran, the lawyers expected to have primary
responsibility for providing services to the Debtor, will be paid
$415 per hour and $405 per hour.

In a court filing, Ms. Beran disclosed that the firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Lynn Lewis Tavenner
     Paula S. Beran
     David N. Tabakin
     Tavenner & Beran, PLC
     20 North Eighth Street, Second Floor
     Richmond, Virginia 23219
     Telephone: (804) 783-8300
     Telecopy: (804) 783-0178

                    About Vista Environmental

Vista Environmental, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Va. Case No. 16-32366) on May 10,
2016.  The Debtor is represented by Paula S. Beran, Esq., at
Tavenner & Beran, PLC.


VISTA ENVIRONMENTAL: Taps Tera D. Kovanes as Accountant
-------------------------------------------------------
Vista Environmental, Inc. seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Virginia to hire Tera D. Kovanes,
CPA, LLC.

The Debtor tapped the firm to provide accounting services in
connection with its Chapter 11 case.  Tera Kovanes, a principal of
the accounting firm, will be paid $75 per hour for her services and
will receive reimbursement for work-related expenses.

In a court filing, Ms. Kovanes disclosed that her firm does not
hold any interest adverse to the Debtor or its estate.

                    About Vista Environmental

Vista Environmental, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Va. Case No. 16-32366) on May 10,
2016.  The Debtor is represented by Paula S. Beran, Esq., at
Tavenner & Beran, PLC.


WALTER ENERGY: Coal Companies Spent $95MM on Lobbying Before Ch. 11
-------------------------------------------------------------------
Jennifer A. Dlouhy, writing for Bloomberg News, reported that five
coal-mining companies spent $95 million to lobby U.S. lawmakers and
more than half a billion dollars on salaries for top executives in
the decade before they filed for bankruptcy, according to a report
by an environmental group.

According to the report, at the same time, the companies -- Walter
Energy Inc., Patriot Coal Corp., Alpha Natural Resources Inc., Arch
Coal Inc. and Peabody Energy Corp. -- benefited from a federal
program that leases land for coal production at a discount.  The
environmental group, the Western Values Project, said in a report
that the companies' "excessive" spending shows the leases helped
lobbyists and executives, not the public, the report related.

The five companies filed for bankruptcy over the past 13 months
after natural gas became cheaper than coal and regulatory costs
increased, the report further related.  Coal supplied 24.6 percent
of U.S. electricity in April, compared to nearly 50 percent a
decade ago, the report added.

The report was released ahead of a public meeting in Pittsburgh on
the future of the federal coal-leasing program, the report said.
The Western Values group is pressing regulators to overhaul the
program by making transactions more transparent and raising costs
to better match the value of coal extracted from private land, the
report noted.

                    About Walter Energy

Walter Energy, Inc. -- http://www.walterenergy.com/-- is a        

metallurgical coal producer for the global steel industry with
strategic access to steel producers in Europe, Asia and South
America.  The Company also produces thermal coal, anthracite,
metallurgical coke and coal bed methane gas, with operations in
the United States, Canada and the United Kingdom.

For the year ended Dec. 31, 2014, the Company reported a net loss
of $471 million following a net loss of $359 million in 2013.  

Walter Energy and its affiliates sought Chapter 11 protection
(Bankr. N.D. Ala. Lead Case No. 15-02741) in Birmingham, Alabama
on July 15, 2015, after signing a restructuring support agreement
with first-lien lenders.

Walter Energy disclosed total assets of $5.2 billion and total
debt of $5 billion as of March 31, 2015.

The Debtors tapped Paul, Weiss, Rifkind, Wharton & Garrison as
counsel; Bradley Arant Boult Cummings LLP, as co-counsel; Ogletree
Deakins LLP, as labor and employment counsel; Maynard, Cooper &
Gale, P.C., as special counsel; PJT Partners LP serves as
investment banker, replacing Blackstone Advisory Services, L.P.;
AlixPartners, LLP, as financial advisor, and Kurtzman Carson
Consultants LLC, as claims and noticing agent.

The Bankruptcy Administrator for the Northern District of Alabama
appointed an Official Committee of Unsecured Creditors and an
Official Committee of Retirees.  The Creditors Committee tapped
Morrison & Foerster LLP and Christian & Small LLP as attorneys.
The Retiree Committee retained Adams & Reese LLP and Jenner &
Block LLP as attorneys.

The informal group of certain unaffiliated First Lien Lenders and
First Lien Noteholders -- Steering Committee -- retained Akin,
Gump, Strauss, Hauer and Feld LLP as legal advisor, and Lazard
Freres & Co. LLC as financial advisor.


WASHINGTON FIRST: Taps Oles Morrison as Legal Counsel
-----------------------------------------------------
Washington First Financial Group, Inc. seeks approval from the U.S.
Bankruptcy Court for the Western District of Washington to hire
Oles Morrison Rinker & Baker LLP as its legal counsel.

The Debtor tapped the firm to provide these services in connection
with its Chapter 11 case:

     (a) assist the Debtor in the preparation and filing of the
         schedules, statement of financial affairs, and related
         documents;

     (b) assist the Debtor in the preparation and submission of
         its initial disclosures and monthly financial reports to
         the U.S. Trustee's office, and prepare for and attend the

         initial debtor interview and the section 341 meeting of
         creditors;

     (c) provide legal advice and assistance to the Debtor with
         respect to matters relevant to case administration,
         including appointment of professionals;

     (d) assist the Debtor in the formulation and filing of a
         disclosure statement and plan;

     (e) assist the Debtor in obtaining appointment of a
         liquidating trustee, and assist the liquidating trustee
         in recovery and liquidation of assets; and

     (f) prepare necessary motions and pleadings.

Jeffrey Smoot, a partner at Oles Morrison who will be primarily
responsible for representing the Debtor, will be paid $295 per
hour.  The hourly rates for other Oles Morrison personnel are:

     Lawyers                $170 - $475
     In-House Consultant           $235
     Paralegals             $140 - $150
     Document Clerks        $75 - $125

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

The firm can be reached through:

     Jeffrey L. Smoot
     Oles Morrison Rinker & Baker LLP
     701 Pike Street, Suite 1700
     Seattle, WA 98101
     (206) 623-3427

                     About Washington First

Washington First Financial Group, Inc., bank holding company,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W.D. Wash. Case No. 16-12848) on May 26, 2016.  The petition was
signed by Elizabeth Huang, president.  

At the time of the filing, the Debtor estimated its assets and
liabilities at $10 million to $50 million.


WILLIAMS COS: S&P Maintains 'BB' CCR on CreditWatch Negative
------------------------------------------------------------
S&P Global Ratings announced that it maintained the CreditWatch
with negative implications on all ratings on U.S. midstream energy
company The Williams Cos. Inc., including the 'BB' corporate credit
rating, the senior unsecured debt ratings, 'B+' junior subordinated
debt rating, and 'B' preferred stock rating.

The '4' recovery rating on the senior unsecured debt is unchanged
and indicates S&P's expectation of average (30%-50%; lower end of
the range) recovery if a default occurs.  S&P has revised the
recovery expectations on the senior unsecured debt to the lower end
of the 30%-50% range, from the higher end of this range.  The '6'
recovery rating on the junior subordinated notes is also unchanged
and indicates S&P's expectation of negligible recovery (0%-10%) if
a default occurs.

"We expect to resolve the CreditWatch listing within the next 90
days, during which time we will assess WMB's future financial
strategy, dividend policy, expected cash flow, and stand-alone
credit measures," said S&P Global Ratings credit analyst Michael
Grande.


WINDSOR CHARTER: S&P Lowers Rating on 2007A Revenue Bonds to 'BB'
-----------------------------------------------------------------
S&P Global Ratings lowered its long-term rating to 'BB' from
'BBB-' on the Colorado Educational and Cultural Facilities
Authority's series 2007A charter school revenue bonds, supported by
Windsor Academy Building Corp. and issued for Windsor Charter
Academy (WCA).  The outlook is negative.

"The two-notch downgrade and negative outlook reflect our
assessment of the school's expansion plans and planned debt
issuance, which will likely result in increased expenses and could
negatively impact operating performance," said S&P Global Ratings
credit analyst James Gallardo.  "Additionally, we expect debt
service coverage to be inadequate, and the debt burden will
increase substantially until the school can increase its enrollment
to offset financial pressures."

The downgrade reflects the school's significant expansion plans,
including an expansion of the existing facility to accommodate
additional students in the elementary and middle schools, as well
as expansion of the program to include a high school.  The debt
issuance will be approximately $17 million in new-money debt,
issued over two years, with approximately $10 million in new-money
debt in the next few months and an additional $7 million in 2017.
The bonds will also be used to refund the 2007 bonds.  While the
academy currently has the capacity to meet its financial
commitments, in order to meet the additional expenses associated
with the expansion and debt issuance, enrollment will need to grow
significantly.  Management has successfully managed growth in the
past, although if the school is not able to reach its enrollment
targets, S&P believes the rating could be further pressured,
potentially significantly.

The negative outlook reflects the instability of the charter
school's financial enterprise due to the substantial decline in its
cash position.  WCA's projected one-time expenses will
significantly pressure the school's operations, limiting its
ability to handle any further expenses.

As of the fiscal 2015 audit, the school had $6 million in debt
outstanding, consisting of the series 2007A bonds.


YEP, LLC: $1.17M Cortlandt Manor Parcels Sale Approved
------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York, authorized YEP, LLC to sell its parcels of
property located at 2056, 2058, 2060 and vacant land, East Main
Street, Cortlandt Manor, New York to Dale English or his designee,
for $1,166,000.

An auction sale was conducted through the Debtor's retained
auctioneer, Maltz Auctions, on June 9, 2016.  Dale English made the
highest and best bid for the Real Property in the sum of $1,100,000
plus the 6% percent buyer's premium of $66,000.

Judge Drain ordered that the Real Property be delivered vacant and
free of the leasehold of the Gas Station and Tavern.

In the event that Mr. English fails to close on the sale of the
Real Property (absent a breach by the Debtor), the Debtor is
entitled to retain the Deposit without further order of the Court
and Maltz Auctions, the retained auctioneer, is entitled to retain
its six percent Buyer's Premium.

Maltz Auctions is authorized to receive payment of the Buyer's
Premium of $66,000 at closing and reserves its right to apply to
the Bankruptcy Court for unpaid expenses.

                          About YEP, LLC

YEP, LLC, sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
14-23149) on Aug. 11, 2014.  Rosemarie E. Matera, Esq. at Kurtzman
Matera, PC serves as the Debtor's counsel.  The Debtor estimated
assets of $117,103 and liabilities of $395,874.  The petition was
signed by Thomas Pellegrino, managing member.


[*] Unenforced & Arbitration Judgments Cost 14% of Cos. Over $50M
-----------------------------------------------------------------
Burford Capital, a global finance firm focused on law, on June 29,
2016, announced research showing the troubling scale of damages and
awards left unpaid by judgment evaders.

A new Burford study shows that 86 percent of private practice
lawyers have clients who in the last five years have not been paid
the full value of a successful litigation or arbitration judgment
or award.  Almost one in five lawyers (19 percent) said their
clients' unenforced judgments were worth between $10 and $50
million (GBP7 to GBP35 million); 14 percent said that their
client's unenforced judgments were worth more than $50 million.

"If one were to add up the lost value to companies around the world
when they cannot enforce judgments, the collective sum would be
billions," said Christopher Bogart, CEO of Burford Capital.

The study, conducted by Burford in conjunction with the Lawyer
Research Service, points to a significant global problem.  After
securing justice in court, often at a cost of millions in legal
fees and years of effort, companies can be left hanging when
judgment debtors -- individuals, corporations or foreign
governments -- simply fail to pay what they owe.  Collecting is
even more problematic when these judgment debtors take steps to
bury assets in offshore structures.

The majority of corporate executives surveyed (58 percent)
confirmed that their companies have not been paid the full value of
litigation and arbitration judgments in the past five years. The
majority of lawyers (62 percent) said the prime reason judgments or
awards could not be satisfied was because debtors' assets were
hidden offshore.  They identified the regions most likely to erect
barriers to securing judgment awards as Russia and the former
Soviet states (37 percent), followed by the Caribbean (20 percent)
and Asia (16 percent).

Corporations may, however, leverage professional judgment
enforcement and asset tracing partners to recover judgment awards.
Mr. Bogart continued: "Given the scale of the problem, businesses
are increasingly turning to enforcement partners -- and the
savviest companies are also utilizing litigation finance to turn
those unenforced judgment debts into capital for the business,
without adding cost or risk to corporate balance sheets."

According to the survey, more than half of private practice lawyers
(52 percent) said clients have worked with judgment enforcement and
asset tracing professionals to recover judgment awards the past
five years.  However, only 11 percent have clients who have sought
and secured financing to fund these enforcement services, moving
these costs off their balance sheets -- signalling both an
opportunity for businesses and a need for law firms to educate
clients.

The study is based on a survey of over 200 private practice
lawyers, in-house counsel and corporate
C-level executives in the UK, US, Europe and Asia.

A copy of the report is available at:

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

                     About Burford Capital

Burford -- http://www.burfordcapital.com/-- is a global finance
firm focused on law.  Burford's businesses include litigation
finance, insurance and risk transfer, law firm lending, corporate
intelligence and judgment enforcement, and a wide range of
investment activities.  Burford's equity and debt securities are
publicly traded on the London Stock Exchange.  The firm works with
lawyers and clients around the world from its principal offices in
New York and London.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                                 Total
                                                Share-      Total
                                     Total    Holders'    Working
                                    Assets      Equity    Capital
  Company          Ticker             ($MM)       ($MM)      ($MM)
  -------          ------           ------    --------    -------
ABSOLUTE SOFTWRE   OU1 GR            105.0       (41.3)     (39.7)
ABSOLUTE SOFTWRE   ABT2EUR EU        105.0       (41.3)     (39.7)
ABSOLUTE SOFTWRE   ALSWF US          105.0       (41.3)     (39.7)
ABSOLUTE SOFTWRE   ABT CN            105.0       (41.3)     (39.7)
ADV MICRO DEVICE   AMDCHF EU       2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD US          2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD* MM         2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD QT          2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD GR          2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD TH          2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD SW          2,981.0      (503.0)     898.0
ADV MICRO DEVICE   AMD TE          2,981.0      (503.0)     898.0
ADVANCED EMISSIO   ADES US            41.6       (20.1)     (22.3)
ADVENT SOFTWARE    ADVS US           424.8       (50.1)    (110.8)
AERIE PHARMACEUT   0P0 GR            139.2        (0.2)     104.6
AERIE PHARMACEUT   AERIEUR EU        139.2        (0.2)     104.6
AERIE PHARMACEUT   AERI US           139.2        (0.2)     104.6
AEROJET ROCKETDY   GCY TH          1,988.0      (124.0)     132.7
AEROJET ROCKETDY   AJRD US         1,988.0      (124.0)     132.7
AEROJET ROCKETDY   GCY GR          1,988.0      (124.0)     132.7
AIR CANADA         AC CN          13,503.0      (732.0)    (256.0)
AIR CANADA         ACDVF US       13,503.0      (732.0)    (256.0)
AIR CANADA         ADH2 GR        13,503.0      (732.0)    (256.0)
AIR CANADA         ACEUR EU       13,503.0      (732.0)    (256.0)
AIR CANADA         ADH2 TH        13,503.0      (732.0)    (256.0)
AK STEEL HLDG      AKS US          3,987.3      (611.6)     750.7
AK STEEL HLDG      AK2 TH          3,987.3      (611.6)     750.7
AK STEEL HLDG      AK2 GR          3,987.3      (611.6)     750.7
AK STEEL HLDG      AKS* MM         3,987.3      (611.6)     750.7
AMER RESTAUR-LP    ICTPU US           33.5        (4.0)      (6.2)
AMYLIN PHARMACEU   AMLN US         1,998.7       (42.4)     263.0
ANGIE'S LIST INC   8AL TH            182.4        (3.5)     (27.8)
ANGIE'S LIST INC   ANGI US           182.4        (3.5)     (27.8)
ANGIE'S LIST INC   8AL GR            182.4        (3.5)     (27.8)
ARCH COAL INC      ACIIQ* MM       4,855.4    (1,449.1)     913.7
ARGOS THERAPEUTI   ARGS US            42.8       (20.2)       0.9
ARIAD PHARM        ARIA US           502.5      (154.0)      84.2
ARIAD PHARM        ARIACHF EU        502.5      (154.0)      84.2
ARIAD PHARM        APS GR            502.5      (154.0)      84.2
ARIAD PHARM        ARIA SW           502.5      (154.0)      84.2
ARIAD PHARM        ARIAEUR EU        502.5      (154.0)      84.2
ARIAD PHARM        APS TH            502.5      (154.0)      84.2
ARIAD PHARM        APS QT            502.5      (154.0)      84.2
ARRAY BIOPHARMA    ARRY US           196.2       (14.8)     128.0
ARRAY BIOPHARMA    AR2 GR            196.2       (14.8)     128.0
ARRAY BIOPHARMA    AR2 TH            196.2       (14.8)     128.0
ASPEN TECHNOLOGY   AST GR            439.4       (35.5)     (21.3)
ASPEN TECHNOLOGY   AZPN US           439.4       (35.5)     (21.3)
AUTOZONE INC       AZ5 TH          8,464.1    (1,863.3)    (422.1)
AUTOZONE INC       AZOEUR EU       8,464.1    (1,863.3)    (422.1)
AUTOZONE INC       AZO US          8,464.1    (1,863.3)    (422.1)
AUTOZONE INC       AZ5 GR          8,464.1    (1,863.3)    (422.1)
AUTOZONE INC       AZ5 QT          8,464.1    (1,863.3)    (422.1)
AVID TECHNOLOGY    AVD GR            311.8      (303.6)     (75.2)
AVID TECHNOLOGY    AVID US           311.8      (303.6)     (75.2)
AVINTIV SPECIALT   POLGA US        1,991.4        (3.9)     322.1
AVON - BDR         AVON34 BZ       3,629.1      (435.7)     604.6
AVON PRODUCTS      AVP TH          3,629.1      (435.7)     604.6
AVON PRODUCTS      AVP GR          3,629.1      (435.7)     604.6
AVON PRODUCTS      AVP* MM         3,629.1      (435.7)     604.6
AVON PRODUCTS      AVP US          3,629.1      (435.7)     604.6
AVON PRODUCTS      AVP CI          3,629.1      (435.7)     604.6
BARRACUDA NETWOR   CUDAEUR EU        419.8       (32.1)     (41.9)
BARRACUDA NETWOR   7BM QT            419.8       (32.1)     (41.9)
BARRACUDA NETWOR   CUDA US           419.8       (32.1)     (41.9)
BARRACUDA NETWOR   7BM GR            419.8       (32.1)     (41.9)
BENEFITFOCUS INC   BTF GR            136.0       (26.7)       9.6
BENEFITFOCUS INC   BNFT US           136.0       (26.7)       9.6
BLUE BIRD CORP     1291067D US       279.4      (119.2)     (10.2)
BLUE BIRD CORP     BLBD US           279.4      (119.2)     (10.2)
BOMBARDIER INC-B   BBDBN MM       23,667.0    (3,442.0)   1,342.0
BOMBARDIER-B OLD   BBDYB BB       23,667.0    (3,442.0)   1,342.0
BOMBARDIER-B W/I   BBD/W CN       23,667.0    (3,442.0)   1,342.0
BRINKER INTL       EAT US          1,489.2      (243.7)    (225.6)
BRINKER INTL       BKJ GR          1,489.2      (243.7)    (225.6)
BUFFALO COAL COR   BUC SJ             48.1       (17.9)       0.3
BURLINGTON STORE   BURL US         2,605.9      (105.2)     106.6
BURLINGTON STORE   BUI GR          2,605.9      (105.2)     106.6
CABLEVISION SY-A   CVY GR          6,732.4    (4,832.9)    (257.2)
CABLEVISION SY-A   CVCEUR EU       6,732.4    (4,832.9)    (257.2)
CABLEVISION SY-A   CVY TH          6,732.4    (4,832.9)    (257.2)
CABLEVISION SY-A   CVC US          6,732.4    (4,832.9)    (257.2)
CABLEVISION-W/I    CVC-W US        6,732.4    (4,832.9)    (257.2)
CABLEVISION-W/I    8441293Q US     6,732.4    (4,832.9)    (257.2)
CALIFORNIA RESOU   1CLB GR         6,662.0      (952.0)    (207.0)
CALIFORNIA RESOU   1CL TH          6,662.0      (952.0)    (207.0)
CALIFORNIA RESOU   CRCEUR EU       6,662.0      (952.0)    (207.0)
CALIFORNIA RESOU   CRC US          6,662.0      (952.0)    (207.0)
CALIFORNIA RESOU   1CLB QT         6,662.0      (952.0)    (207.0)
CAMBIUM LEARNING   ABCD US           131.8       (74.0)     (58.3)
CARBONITE INC      4CB GR            132.7        (4.8)     (46.0)
CARBONITE INC      CARB US           132.7        (4.8)     (46.0)
CASELLA WASTE      WA3 GR            620.4       (28.5)       0.3
CASELLA WASTE      CWST US           620.4       (28.5)       0.3
CEB INC            FC9 GR          1,299.6       (23.3)    (202.0)
CEB INC            CEB US          1,299.6       (23.3)    (202.0)
CEDAR FAIR LP      FUN US          2,003.8       (41.8)    (100.7)
CEDAR FAIR LP      7CF GR          2,003.8       (41.8)    (100.7)
CENTENNIAL COMM    CYCL US         1,480.9      (925.9)     (52.1)
CF CORP            CFCOU US            0.6        (0.1)      (0.1)
CHARTER COMMUN-A   CHTR US        40,524.0      (219.0)    (313.0)
CHOICE HOTELS      CZH GR            787.3      (385.9)     117.8
CHOICE HOTELS      CHH US            787.3      (385.9)     117.8
CINCINNATI BELL    CBB US          1,444.6      (291.6)     (64.2)
CINCINNATI BELL    CIB GR          1,444.6      (291.6)     (64.2)
CLEAR CHANNEL-A    CCO US          5,739.4      (940.4)     692.7
CLEAR CHANNEL-A    C7C GR          5,739.4      (940.4)     692.7
CLIFFS NATURAL R   CLF US          1,886.3    (1,696.7)     352.2
CLIFFS NATURAL R   CLF* MM         1,886.3    (1,696.7)     352.2
CLIFFS NATURAL R   CLF2EUR EU      1,886.3    (1,696.7)     352.2
CLIFFS NATURAL R   CVA QT          1,886.3    (1,696.7)     352.2
CLIFFS NATURAL R   CVA GR          1,886.3    (1,696.7)     352.2
CLIFFS NATURAL R   CVA TH          1,886.3    (1,696.7)     352.2
COGENT COMMUNICA   OGM1 GR           665.1       (18.4)     168.5
COGENT COMMUNICA   CCOI US           665.1       (18.4)     168.5
COHERUS BIOSCIEN   CHRS US           226.2       (66.9)     118.7
COHERUS BIOSCIEN   CHRSEUR EU        226.2       (66.9)     118.7
COHERUS BIOSCIEN   8C5 GR            226.2       (66.9)     118.7
COHERUS BIOSCIEN   8C5 TH            226.2       (66.9)     118.7
COLGATE-BDR        COLG34 BZ      12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CL SW          12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CLCHF EU       12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CL* MM         12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CL US          12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CPA GR         12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CPA TH         12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CLEUR EU       12,448.0       (73.0)      27.0
COLGATE-PALMOLIV   CPA QT         12,448.0       (73.0)      27.0
COMMUNICATION      8XC GR          2,517.9    (1,288.9)       -
COMMUNICATION      CSAL US         2,517.9    (1,288.9)       -
CPI CARD GROUP I   PNT CN            280.0       (82.3)      64.0
CPI CARD GROUP I   CPB GR            280.0       (82.3)      64.0
CPI CARD GROUP I   PMTS US           280.0       (82.3)      64.0
CRIUS ENERGY TRU   CRIUF US          306.5       (49.0)     (85.8)
CRIUS ENERGY TRU   KWH-U CN          306.5       (49.0)     (85.8)
CVR NITROGEN LP    RNF US            241.4      (166.3)      12.0
CYAN INC           CYNI US           112.1       (18.4)      56.9
CYAN INC           YCN GR            112.1       (18.4)      56.9
DELEK LOGISTICS    D6L GR            379.2       (11.0)      22.1
DELEK LOGISTICS    DKL US            379.2       (11.0)      22.1
DENNY'S CORP       DE8 GR            288.8       (57.4)     (48.9)
DENNY'S CORP       DENN US           288.8       (57.4)     (48.9)
DIRECTV            DTV CI         25,321.0    (3,463.0)   1,360.0
DIRECTV            DTV US         25,321.0    (3,463.0)   1,360.0
DIRECTV            DTVEUR EU      25,321.0    (3,463.0)   1,360.0
DOMINO'S PIZZA     EZV TH            820.8    (1,730.3)     292.8
DOMINO'S PIZZA     DPZ US            820.8    (1,730.3)     292.8
DOMINO'S PIZZA     EZV GR            820.8    (1,730.3)     292.8
DPL INC            DPL US          3,202.9       (16.9)    (466.2)
DUN & BRADSTREET   DB5 TH          2,176.0    (1,106.3)     (94.4)
DUN & BRADSTREET   DNB1EUR EU      2,176.0    (1,106.3)     (94.4)
DUN & BRADSTREET   DB5 GR          2,176.0    (1,106.3)     (94.4)
DUN & BRADSTREET   DNB US          2,176.0    (1,106.3)     (94.4)
DUNKIN' BRANDS G   DNKNEUR EU      3,093.9      (234.6)     117.3
DUNKIN' BRANDS G   2DB GR          3,093.9      (234.6)     117.3
DUNKIN' BRANDS G   2DB TH          3,093.9      (234.6)     117.3
DUNKIN' BRANDS G   DNKN US         3,093.9      (234.6)     117.3
DURATA THERAPEUT   DRTXEUR EU         82.1       (16.1)      11.7
DURATA THERAPEUT   DTA GR             82.1       (16.1)      11.7
DURATA THERAPEUT   DRTX US            82.1       (16.1)      11.7
EASTMAN KODAK CO   KODN GR         2,066.0       (48.0)     861.0
EASTMAN KODAK CO   KODK US         2,066.0       (48.0)     861.0
EDGEN GROUP INC    EDG US            883.8        (0.8)     409.2
ENERGIZER HOLDIN   ENR US          1,584.4       (10.2)     643.2
ENERGIZER HOLDIN   EGG GR          1,584.4       (10.2)     643.2
ENERGIZER HOLDIN   ENR-WEUR EU     1,584.4       (10.2)     643.2
EPL OIL & GAS IN   EPA1 GR           463.6    (1,080.5)  (1,301.7)
EPL OIL & GAS IN   EPL US            463.6    (1,080.5)  (1,301.7)
ERIN ENERGY CORP   ERN SJ            359.6      (137.4)    (338.3)
EXELIXIS INC       EX9 GR            492.5      (156.0)     238.4
EXELIXIS INC       EXELEUR EU        492.5      (156.0)     238.4
EXELIXIS INC       EX9 QT            492.5      (156.0)     238.4
EXELIXIS INC       EX9 TH            492.5      (156.0)     238.4
EXELIXIS INC       EXEL US           492.5      (156.0)     238.4
FAIRMOUNT SANTRO   FMSAEUR EU      1,316.0       (73.6)     171.8
FAIRMOUNT SANTRO   FM1 GR          1,316.0       (73.6)     171.8
FAIRMOUNT SANTRO   FMSA US         1,316.0       (73.6)     171.8
FAIRPOINT COMMUN   FRP US          1,291.0       (17.0)      (1.2)
FAIRPOINT COMMUN   FONN GR         1,291.0       (17.0)      (1.2)
FIFTH STREET ASS   FSAM US           161.0       (11.6)       -
FREESCALE SEMICO   FSLEUR EU       3,159.0    (3,079.0)   1,264.0
FREESCALE SEMICO   1FS GR          3,159.0    (3,079.0)   1,264.0
FREESCALE SEMICO   1FS QT          3,159.0    (3,079.0)   1,264.0
FREESCALE SEMICO   FSL US          3,159.0    (3,079.0)   1,264.0
FREESCALE SEMICO   1FS TH          3,159.0    (3,079.0)   1,264.0
GAMCO INVESTO-A    GBL US            115.9      (248.2)       -
GAMING AND LEISU   GLPI US         2,436.2      (258.8)     (98.7)
GAMING AND LEISU   2GL GR          2,436.2      (258.8)     (98.7)
GARDA WRLD -CL A   GW CN           1,793.0      (360.9)     107.4
GARTNER INC        IT US           2,211.5      (112.7)    (111.9)
GARTNER INC        IT* MM          2,211.5      (112.7)    (111.9)
GARTNER INC        GGRA GR         2,211.5      (112.7)    (111.9)
GCP APPLIED TECH   43G GR            985.6      (182.1)     219.8
GCP APPLIED TECH   GCP US            985.6      (182.1)     219.8
GENTIVA HEALTH     GTIV US         1,225.2      (285.2)     130.0
GENTIVA HEALTH     GHT GR          1,225.2      (285.2)     130.0
GLG PARTNERS INC   GLG US            400.0      (285.6)     156.9
GLG PARTNERS-UTS   GLG/U US          400.0      (285.6)     156.9
GOLD RESERVE INC   GDRZF US           24.0       (20.5)      10.0
GOLD RESERVE INC   GRZ CN             24.0       (20.5)      10.0
GOLD RESERVE INC   GOD GR             24.0       (20.5)      10.0
GRAHAM PACKAGING   GRM US          2,947.5      (520.8)     298.5
GYMBOREE CORP/TH   GYMB US         1,162.6      (309.2)      28.7
HCA HOLDINGS INC   2BH GR         32,776.0    (5,999.0)   3,803.0
HCA HOLDINGS INC   2BH TH         32,776.0    (5,999.0)   3,803.0
HCA HOLDINGS INC   HCA US         32,776.0    (5,999.0)   3,803.0
HCA HOLDINGS INC   HCAEUR EU      32,776.0    (5,999.0)   3,803.0
HECKMANN CORP-U    HEK/U US          460.1       (65.1)    (465.4)
HEWLETT-PACKA-WI   HPQ-W US       25,523.0    (4,786.0)  (1,477.0)
HOVNANIAN-A-WI     HOV-W US        2,518.6      (152.3)   1,519.6
HP COMPANY-BDR     HPQB34 BZ      25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQ CI         25,523.0    (4,786.0)  (1,477.0)
HP INC             7HP TH         25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQ US         25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQCHF EU      25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQ SW         25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQ* MM        25,523.0    (4,786.0)  (1,477.0)
HP INC             HWP QT         25,523.0    (4,786.0)  (1,477.0)
HP INC             7HP GR         25,523.0    (4,786.0)  (1,477.0)
HP INC             HPQ TE         25,523.0    (4,786.0)  (1,477.0)
HUGHES TELEMATIC   HUTCU US          110.2      (101.6)    (113.8)
IDEXX LABS         IDXX US         1,478.6       (73.8)     (69.7)
IDEXX LABS         IX1 GR          1,478.6       (73.8)     (69.7)
IDEXX LABS         IX1 TH          1,478.6       (73.8)     (69.7)
IMMUNOGEN INC      IMGN US           222.3       (41.1)     153.5
INFOR ACQUISIT-A   IAC/A CN          233.0        (1.6)       2.0
INFOR ACQUISITIO   IAC-U CN          233.0        (1.6)       2.0
INFOR US INC       LWSN US         6,048.5      (796.8)    (226.4)
INNOVIVA INC       INVA US           387.8      (362.0)     186.1
INNOVIVA INC       HVE GR            387.8      (362.0)     186.1
INTERNATIONAL WI   ITWG US           325.1       (11.5)      95.4
INTERUPS INC       ITUP US             0.0        (0.3)      (0.3)
INVENTIV HEALTH    VTIV US         2,127.8      (783.0)     121.1
IPCS INC           IPCS US           559.2       (33.0)      72.1
ISRAMCO INC        IRM GR            144.9        (2.8)      12.5
ISRAMCO INC        ISRLEUR EU        144.9        (2.8)      12.5
ISRAMCO INC        ISRL US           144.9        (2.8)      12.5
ISTA PHARMACEUTI   ISTA US           124.7       (64.8)       2.2
J CREW GROUP INC   JCG US          1,477.3      (776.7)      91.4
JACK IN THE BOX    JBX GR          1,301.5      (190.6)     (83.8)
JACK IN THE BOX    JACK1EUR EU     1,301.5      (190.6)     (83.8)
JACK IN THE BOX    JACK US         1,301.5      (190.6)     (83.8)
JUST ENERGY GROU   1JE GR          1,247.4      (651.1)    (118.7)
JUST ENERGY GROU   JE US           1,247.4      (651.1)    (118.7)
JUST ENERGY GROU   JE CN           1,247.4      (651.1)    (118.7)
KOPPERS HOLDINGS   KOP US          1,129.7        (4.3)     173.5
KOPPERS HOLDINGS   KO9 GR          1,129.7        (4.3)     173.5
L BRANDS INC       LTD GR          7,426.0    (1,086.0)   1,386.0
L BRANDS INC       LTD TH          7,426.0    (1,086.0)   1,386.0
L BRANDS INC       LTD QT          7,426.0    (1,086.0)   1,386.0
L BRANDS INC       LB* MM          7,426.0    (1,086.0)   1,386.0
L BRANDS INC       LBEUR EU        7,426.0    (1,086.0)   1,386.0
L BRANDS INC       LB US           7,426.0    (1,086.0)   1,386.0
LANDCADIA HOLDIN   LCAHU US            0.3        (0.0)      (0.3)
LAREDO PETROLEUM   LPI US          1,637.2       (45.7)     124.8
LAREDO PETROLEUM   8LP GR          1,637.2       (45.7)     124.8
LAREDO PETROLEUM   LPI1EUR EU      1,637.2       (45.7)     124.8
LEAP WIRELESS      LWI TH          4,662.9      (125.1)     346.9
LEAP WIRELESS      LEAP US         4,662.9      (125.1)     346.9
LEAP WIRELESS      LWI GR          4,662.9      (125.1)     346.9
LENNOX INTL INC    LII US          1,861.0       (73.3)     318.4
LENNOX INTL INC    LXI GR          1,861.0       (73.3)     318.4
LORILLARD INC      LO US           4,154.0    (2,134.0)   1,135.0
LORILLARD INC      LLV TH          4,154.0    (2,134.0)   1,135.0
LORILLARD INC      LLV GR          4,154.0    (2,134.0)   1,135.0
M&A HOLDING CORP   MHDG US             0.0        (0.0)      (0.0)
MADISON-A/NEW-WI   MSGN-W US         799.5    (1,167.1)     134.9
MAJESCOR RESOURC   MJXEUR EU           0.1        (0.0)      (0.0)
MANITOWOC FOOD     MFS1EUR EU      1,822.9      (125.7)       2.5
MANITOWOC FOOD     6M6 GR          1,822.9      (125.7)       2.5
MANITOWOC FOOD     MFS US          1,822.9      (125.7)       2.5
MANNKIND CORP      MNKD IT            93.3      (373.5)    (205.1)
MARRIOTT INTL-A    MAQ TH          6,121.0    (3,667.0)  (1,823.0)
MARRIOTT INTL-A    MAQ GR          6,121.0    (3,667.0)  (1,823.0)
MARRIOTT INTL-A    MAR US          6,121.0    (3,667.0)  (1,823.0)
MDC COMM-W/I       MDZ/W CN        1,571.6      (454.2)    (274.0)
MDC PARTNERS-A     MDCAEUR EU      1,571.6      (454.2)    (274.0)
MDC PARTNERS-A     MDZ/A CN        1,571.6      (454.2)    (274.0)
MDC PARTNERS-A     MDCA US         1,571.6      (454.2)    (274.0)
MDC PARTNERS-EXC   MDZ/N CN        1,571.6      (454.2)    (274.0)
MEAD JOHNSON       MJNEUR EU       4,016.8      (592.4)   1,392.1
MEAD JOHNSON       MJN US          4,016.8      (592.4)   1,392.1
MEAD JOHNSON       0MJA GR         4,016.8      (592.4)   1,392.1
MEAD JOHNSON       0MJA TH         4,016.8      (592.4)   1,392.1
MEDLEY MANAGE-A    MDLY US           112.0       (24.5)      44.7
MERITOR INC        MTOR US         2,093.0      (601.0)     146.0
MERITOR INC        AID1 GR         2,093.0      (601.0)     146.0
MERRIMACK PHARMA   MACK US           192.9      (217.1)      63.3
MERRIMACK PHARMA   MP6 GR            192.9      (217.1)      63.3
MICHAELS COS INC   MIM GR          1,938.7    (1,683.4)     551.6
MICHAELS COS INC   MIK US          1,938.7    (1,683.4)     551.6
MIDSTATES PETROL   MPO1EUR EU        782.8    (1,504.5)  (1,920.4)
MONEYGRAM INTERN   MGI US          4,280.0      (224.3)     (16.8)
MOODY'S CORP       DUT QT          5,114.9      (351.5)   1,933.4
MOODY'S CORP       MCOEUR EU       5,114.9      (351.5)   1,933.4
MOODY'S CORP       DUT TH          5,114.9      (351.5)   1,933.4
MOODY'S CORP       DUT GR          5,114.9      (351.5)   1,933.4
MOODY'S CORP       MCO US          5,114.9      (351.5)   1,933.4
MOTOROLA SOLUTIO   MSI US          9,049.0      (137.0)   1,969.0
MOTOROLA SOLUTIO   MOT TE          9,049.0      (137.0)   1,969.0
MOTOROLA SOLUTIO   MTLA TH         9,049.0      (137.0)   1,969.0
MOTOROLA SOLUTIO   MTLA GR         9,049.0      (137.0)   1,969.0
MOTOROLA SOLUTIO   MTLA QT         9,049.0      (137.0)   1,969.0
MPG OFFICE TRUST   1052394D US     1,280.0      (437.3)       -
MSG NETWORKS- A    1M4 TH            799.5    (1,167.1)     134.9
MSG NETWORKS- A    MSGN US           799.5    (1,167.1)     134.9
MSG NETWORKS- A    1M4 GR            799.5    (1,167.1)     134.9
NATHANS FAMOUS     NFA GR             71.5       (72.3)      49.8
NATHANS FAMOUS     NATH US            71.5       (72.3)      49.8
NATIONAL CINEMED   NCMI US         1,037.6      (173.3)      92.5
NATIONAL CINEMED   XWM GR          1,037.6      (173.3)      92.5
NAVIDEA BIOPHARM   NAVB IT            12.3       (57.2)     (47.1)
NAVISTAR INTL      IHR GR          6,188.0    (5,121.0)     510.0
NAVISTAR INTL      IHR TH          6,188.0    (5,121.0)     510.0
NAVISTAR INTL      NAV US          6,188.0    (5,121.0)     510.0
NEFF CORP-CL A     NEFF US           672.3      (169.4)       0.4
NEKTAR THERAPEUT   NKTR US           491.9        (0.3)     278.9
NEKTAR THERAPEUT   ITH GR            491.9        (0.3)     278.9
NEW ENG RLTY-LP    NEN US            193.8       (31.2)       -
NORTHERN OIL AND   NOG US            573.2      (322.5)      (7.7)
NORTHERN OIL AND   4LT GR            573.2      (322.5)      (7.7)
NTELOS HOLDINGS    NTLS US           611.1       (39.9)     104.9
OCH-ZIFF CAPIT-A   35OA GR         1,255.3      (183.7)       -
OCH-ZIFF CAPIT-A   OZM US          1,255.3      (183.7)       -
OMEROS CORP        3O8 TH             36.0       (40.7)       6.8
OMEROS CORP        OMEREUR EU         36.0       (40.7)       6.8
OMEROS CORP        3O8 GR             36.0       (40.7)       6.8
OMEROS CORP        OMER US            36.0       (40.7)       6.8
OMTHERA PHARMACE   OMTH US            18.3        (8.5)     (12.0)
ONCOMED PHARMACE   O0M GR            204.9       (19.8)     149.9
ONCOMED PHARMACE   OMED US           204.9       (19.8)     149.9
PALM INC           PALM US         1,007.2        (6.2)     141.7
PAVMED INC         PAVMU US            0.8        (0.1)      (0.5)
PBF LOGISTICS LP   11P GR            433.6      (180.7)      40.6
PBF LOGISTICS LP   PBFX US           433.6      (180.7)      40.6
PENN NATL GAMING   PENN US         5,128.7      (649.1)    (189.9)
PENN NATL GAMING   PN1 GR          5,128.7      (649.1)    (189.9)
PHILIP MORRIS IN   4I1 TH         34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   4I1 GR         34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   4I1 QT         34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PMI1 IX        34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PM FP          34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PM1EUR EU      34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PM1 TE         34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PMI SW         34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PM1CHF EU      34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PM US          34,621.0   (10,894.0)   1,837.0
PHILIP MORRIS IN   PMI EB         34,621.0   (10,894.0)   1,837.0
PLAYBOY ENTERP-A   PLA/A US          165.8       (54.4)     (16.9)
PLAYBOY ENTERP-B   PLA US            165.8       (54.4)     (16.9)
PLY GEM HOLDINGS   PG6 GR          1,210.9      (101.0)     239.9
PLY GEM HOLDINGS   PGEM US         1,210.9      (101.0)     239.9
POLYMER GROUP-B    POLGB US        1,991.4        (3.9)     322.1
PROTECTION ONE     PONE US           562.9       (61.8)      (7.6)
QUALITY DISTRIBU   QDZ GR            413.0       (22.9)     102.9
QUALITY DISTRIBU   QLTY US           413.0       (22.9)     102.9
QUINTILES TRANSN   Q US            3,982.9      (205.9)     859.0
QUINTILES TRANSN   QTS GR          3,982.9      (205.9)     859.0
RADIO ONE INC-A    ROIA US         1,342.8       (63.9)     134.4
RADIO ONE-CL D     ROIAK US        1,342.8       (63.9)     134.4
REATA PHARMACE-A   2R3 GR             92.0      (272.6)      25.8
REATA PHARMACE-A   RETA US            92.0      (272.6)      25.8
REGAL ENTERTAI-A   RETA GR         2,591.3      (873.6)     (83.4)
REGAL ENTERTAI-A   RGC US          2,591.3      (873.6)     (83.4)
REGAL ENTERTAI-A   RGC* MM         2,591.3      (873.6)     (83.4)
RENAISSANCE LEA    RLRN US            57.0       (28.2)     (31.4)
RENTECH NITROGEN   2RN GR            241.4      (166.3)      12.0
RENTPATH LLC       PRM US            208.0       (91.7)       3.6
REVLON INC-A       RVL1 GR         1,887.7      (573.3)     308.5
REVLON INC-A       REV US          1,887.7      (573.3)     308.5
RLJ ACQUISITI-UT   RLJAU US          135.8       (13.5)      20.6
ROUNDY'S INC       RNDY US         1,095.7       (92.7)      59.7
ROUNDY'S INC       4R1 GR          1,095.7       (92.7)      59.7
RURAL/METRO CORP   RURL US           303.7       (92.1)      72.4
RYERSON HOLDING    7RY TH          1,582.8      (118.7)     625.0
RYERSON HOLDING    RYI US          1,582.8      (118.7)     625.0
RYERSON HOLDING    7RY GR          1,582.8      (118.7)     625.0
SALLY BEAUTY HOL   S7V GR          2,069.4      (341.4)     643.4
SALLY BEAUTY HOL   SBH US          2,069.4      (341.4)     643.4
SANCHEZ ENERGY C   SN US           1,421.2      (523.1)     401.7
SANCHEZ ENERGY C   SN* MM          1,421.2      (523.1)     401.7
SANCHEZ ENERGY C   13S TH          1,421.2      (523.1)     401.7
SANCHEZ ENERGY C   13S GR          1,421.2      (523.1)     401.7
SBA COMM CORP-A    SBJ TH          7,371.6    (1,630.6)      49.5
SBA COMM CORP-A    SBJ GR          7,371.6    (1,630.6)      49.5
SBA COMM CORP-A    SBACEUR EU      7,371.6    (1,630.6)      49.5
SBA COMM CORP-A    SBAC US         7,371.6    (1,630.6)      49.5
SCIENTIFIC GAM-A   SGMS US         7,690.7    (1,583.9)     516.3
SCIENTIFIC GAM-A   TJW GR          7,690.7    (1,583.9)     516.3
SEARS HOLDINGS     SEE GR         11,175.0    (2,360.0)   1,526.0
SEARS HOLDINGS     SEE TH         11,175.0    (2,360.0)   1,526.0
SEARS HOLDINGS     SHLD US        11,175.0    (2,360.0)   1,526.0
SEARS HOLDINGS     SEE QT         11,175.0    (2,360.0)   1,526.0
SILVER SPRING NE   SSNI US           465.6       (45.9)     (20.0)
SILVER SPRING NE   9SI TH            465.6       (45.9)     (20.0)
SILVER SPRING NE   9SI GR            465.6       (45.9)     (20.0)
SIRIUS XM CANADA   SIICF US          292.9      (134.0)    (172.0)
SIRIUS XM CANADA   XSR CN            292.9      (134.0)    (172.0)
SIRIUS XM HOLDIN   SIRI US         7,928.2      (563.9)  (1,942.3)
SIRIUS XM HOLDIN   RDO GR          7,928.2      (563.9)  (1,942.3)
SIRIUS XM HOLDIN   RDO TH          7,928.2      (563.9)  (1,942.3)
SONIC CORP         SO4 GR            679.7       (58.5)      98.7
SONIC CORP         SONC US           679.7       (58.5)      98.7
SONIC CORP         SONCEUR EU        679.7       (58.5)      98.7
SPORTSMAN'S WARE   SPWH US           338.8        (2.4)      84.5
SPORTSMAN'S WARE   06S GR            338.8        (2.4)      84.5
SUPERVALU INC      SVU US          4,370.0      (433.0)      63.0
SUPERVALU INC      SVU* MM         4,370.0      (433.0)      63.0
SUPERVALU INC      SJ1 GR          4,370.0      (433.0)      63.0
SUPERVALU INC      SJ1 TH          4,370.0      (433.0)      63.0
SWIFT ENERGY CO    SWTF US           433.3      (960.1)    (376.7)
SYNERGY PHARMACE   SGYP US            88.4        (6.5)      68.3
SYNERGY PHARMACE   S90 GR             88.4        (6.5)      68.3
SYNERGY PHARMACE   SGYPEUR EU         88.4        (6.5)      68.3
TAILORED BRANDS    TLRD US         2,276.8       (90.2)     717.7
TAILORED BRANDS    WRMA GR         2,276.8       (90.2)     717.7
TAILORED BRANDS    TLRD* MM        2,276.8       (90.2)     717.7
TIANHE UNION HOL   TUAAE US            0.0        (0.0)      (0.0)
TRANSDIGM GROUP    TDGEUR EU       8,359.5      (961.8)   1,082.0
TRANSDIGM GROUP    TDG SW          8,359.5      (961.8)   1,082.0
TRANSDIGM GROUP    T7D GR          8,359.5      (961.8)   1,082.0
TRANSDIGM GROUP    TDG US          8,359.5      (961.8)   1,082.0
TRANSDIGM GROUP    T7D QT          8,359.5      (961.8)   1,082.0
TRANSDIGM GROUP    TDGCHF EU       8,359.5      (961.8)   1,082.0
TURNING POINT BR   TPB US            241.5       (79.2)      44.8
UNISYS CORP        USY1 GR         2,265.1    (1,354.3)     261.5
UNISYS CORP        USY1 TH         2,265.1    (1,354.3)     261.5
UNISYS CORP        UIS1 SW         2,265.1    (1,354.3)     261.5
UNISYS CORP        UISEUR EU       2,265.1    (1,354.3)     261.5
UNISYS CORP        UIS US          2,265.1    (1,354.3)     261.5
UNISYS CORP        UISCHF EU       2,265.1    (1,354.3)     261.5
VECTOR GROUP LTD   VGR GR          1,228.8      (153.9)     335.3
VECTOR GROUP LTD   VGR US          1,228.8      (153.9)     335.3
VECTOR GROUP LTD   VGR QT          1,228.8      (153.9)     335.3
VENOCO INC         VQ US             295.3      (483.7)    (509.8)
VERISIGN INC       VRS TH          2,323.7    (1,108.0)     464.3
VERISIGN INC       VRS GR          2,323.7    (1,108.0)     464.3
VERISIGN INC       VRS QT          2,323.7    (1,108.0)     464.3
VERISIGN INC       VRSN US         2,323.7    (1,108.0)     464.3
VERIZON TELEMATI   HUTC US           110.2      (101.6)    (113.8)
VIEWRAY INC        VRAY US            39.1       (19.8)      (0.6)
VIRGIN MOBILE-A    VM US             307.4      (244.2)    (138.3)
WEIGHT WATCHERS    WW6 TH          1,290.5    (1,296.9)    (173.7)
WEIGHT WATCHERS    WTWEUR EU       1,290.5    (1,296.9)    (173.7)
WEIGHT WATCHERS    WW6 GR          1,290.5    (1,296.9)    (173.7)
WEIGHT WATCHERS    WTW US          1,290.5    (1,296.9)    (173.7)
WEST CORP          WT2 GR          3,522.7      (536.2)     231.2
WEST CORP          WSTC US         3,522.7      (536.2)     231.2
WESTERN REFINING   WNRL US           487.3       (73.7)      13.9
WESTERN REFINING   WR2 GR            487.3       (73.7)      13.9
WESTMORELAND COA   WLB US          1,770.7      (550.1)     (32.2)
WESTMORELAND COA   WME GR          1,770.7      (550.1)     (32.2)
WINGSTOP INC       EWG GR            116.6        (4.8)       2.0
WINGSTOP INC       WING US           116.6        (4.8)       2.0
WINMARK CORP       GBZ GR             43.8       (27.3)      12.0
WINMARK CORP       WINA US            43.8       (27.3)      12.0
YRC WORLDWIDE IN   YRCW US         1,863.8      (392.7)     178.1
YRC WORLDWIDE IN   YEL1 TH         1,863.8      (392.7)     178.1
YRC WORLDWIDE IN   YEL1 GR         1,863.8      (392.7)     178.1
YRC WORLDWIDE IN   YRCWEUR EU      1,863.8      (392.7)     178.1


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***