TCR_Public/160707.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, July 7, 2016, Vol. 20, No. 189

                            Headlines

364 N.B.E. CORP: $800K Sale of Myrtle Avenue Property Approved
8110 AERO: Hires Gordon & Rees as Counsel
ACADEMIA SAGRADO: Plan Offers Full-Payment to Creditors
ALTOMARE AUTO: Seeks to Hire BMC Group as Noticing Agent
AMBULATORY ENDOSCOPIC: Seeks to Hire Hugo Brandts as Accountant

ARCH COAL: Exclusive Plan Filing Deadline Moved to Sept. 7
ARCHDIOCESE OF ST. PAUL: Taps CliftonLarsonAllen as Consultant
ASHLEY I LLC: Amends Employment of Environmental Manager
ATRIUM SUITES: Selling FF&E to Building's Owner
BALL CORP: S&P Affirms 'BB+' CCR on Rexam Deal Completion

BFN OPERATIONS: Seeks to Hire Hunton & Williams, 5 Other OCPs
BRIAN PAUL MYERS: Aug. 3 Plan Confirmation Hearing
BULLIONDIRECT INC: Proceeds from Asset Sale to Fund Ch. 11 Plan
CAMERON PARK PLAZA: Redding Bank Asks for Ch. 11 Trustee
CELTIC CONCEPTS: Plan Proposes 20% Payment to Unsecured Creditors

CHANGE HEALTHCARE: Moody's Affirms B2 CFR, Outlook Positive
CHRISTIAN FAMILY: Cash Use Barred; No Trustee Appointed
CHRISTIAN LAETTNER: Creditors Try to Force Basketball Star to Ch. 7
CHRISTOPHER NUSSBAUMER: Court OKs $882,000 Sale of Property
CO-OP ATLANTIC: Creditors' Meeting on July 25 in Brunswick

COMPANION DX: Case Summary & 20 Largest Unsecured Creditors
CONSTRUCTION LIQUIDATION: Unsecureds to Get 25% Under Plan
COSTAS KONDYLIS: No Rival Bids vs. Randall's $2.5MM Offer
DIOCESE OF DULUTH: Sues Insurers, Seeking Coverage of Abuse Claims
DORIS WALLER: Files Full-Payment Plan; Aug. 5 Disclosures Hearing

DTREDS LLC: Unsecureds to Recoup 10% Under Ch. 11 Plan
EARTHLINK HOLDINGS: S&P Assigns 'B+' Rating on $125MM Facility
ELK CREEK: Voluntary Chapter 11 Case Summary
ENERGY TRANSFER: S&P Affirms 'BB' CCR, Off CreditWatch
ENERGY XXI: Disclosure Statement Hearing Continued to July 13

ESP RESOURCES: Exclusive Plan Filing Period Extended to Oct. 6
EXOTICA ACADEMY: Hires Galbut Walters as Real Estate Counsel
FAIRWAY GROUP: July 3, 2016 Plan Effective Date
FERRO CORP: Moody's Retains 'Ba3' Corporate Family Rating
FM KELLY CONSTRUCTION: Taps McBreen & Kopko as Bankruptcy Counsel

GIANNI'S ITALIAN: Taps Joel A. Schechter as Bankruptcy Counsel
GINGER OIL: Plan Disclosures Amended to Revise DIP Financing Terms
GLOBAL RENAISSANCE: Taps H&H to Provide Tax Relief Services
GNK LLC: Hires Doreen Baca as Real Estate Broker-Associate
GREAT AMERICAN VENDING: Taps Giambalvo Stalzer as Accountant

GREEN ENERGY: Case Summary & 20 Largest Unsecured Creditors
HF RESOURCES: Hires Robert H. Cooper as Bankruptcy Counsel
HIDDEN VALLEY APARTMENTS: Amended Disclosure Statement Filed
HORSEHEAD HOLDINGS: Creditors, Shareholders Spar Over Valuation
HORSHAM VALLEY GOLF: Case Summary & Unsecured Creditor

HOSTESS BRANDS: To Sell Majority Stake for $725-Mil.
INTELLIGRATED INC: S&P Puts 'B' CCR on CreditWatch Positive
INTERPARK INVESTORS: Taps Hinshaw as Real Estate Counsel
JB POINDEXTER: Moody's Affirms B1 CFR, Outlook Stable
JOHN Q. HAMMONS: 4 Affiliates' Voluntary Chapter 11 Case Summary

JUN KWOCK TOM: Plan Proposes Full Payment to Unsecureds
KLM OPTICAL: Disclosures Approved, Plan Hearing Set for Aug. 17
LOUISIANA CRANE: Hires Darnall Sikes as Accountant
M&L AUTO: Taps Karen J. Porter as Bankruptcy Counsel
MAIN STREET SCHOOLS: Hires Eric A. Liepins as Bankruptcy Counsel

MD AMERICA: S&P Lowers CCR to 'SD' on Term Loan Redemption Plans
METROPOLITAN BAPTIST: Plan Filing Period Extended by 90 Days
MID-SOUTH AUTO AUCTION: Files Full-Payment Chapter 11 Plan
MORRIS SCHNEIDER: Unsecureds to Recoup 2.28% Under Plan
NORTHWEST HARDWOODS: Moody's Lowers CFR to B3, Outlook Stable

OPPENHEIMER HOLDINGS: S&P Affirms 'B' ICR, Outlook Positive
PALMAZ SCIENTIFIC: Has Go Signal to Sell Assets
PEAK WEB: Amends Application to Hire Susman Godfrey
PENN VIRGINIA: Equity Holders Object to Disclosure Statement
PETROLEUM PRODUCTS: Has Until October 3 to Decide on 4 Leases

PICO HOLDINGS: Bloggers Vote "Against" Adjournment
POST EAST: Hires Coan Lewendon as General Counsel
REM LLC: Case Summary & 9 Unsecured Creditors
RENAISSANCE ACADEMY: Taps Holcomb & Shreeve as Auditor
ROBERT STUART COULTER: Sept. 6 Plan Confirmation Hearing

RONNIE MADRAMOTOO: HSBC Referee to Auction Property on July 13
RUMSEY LAND: Taps Buechler & Garber as Legal Counsel
SHELDON KEITH PERRY: Sept. 15 Plan, Disclosures Hearing
SHENANDOAH VALLEY: Bank of Romney Objects to Disclosure Statement
SMYZ INC: Taps Milledge Law Firm as Legal Counsel

SPORTS AUTHORITY: Broncos Stadium Naming Rights Fail to Lure Bids
STEELCORE CAPITAL: Voluntary Chapter 11 Case Summary
STEVEN FISHER: Home to Be Foreclosed Under Ch. 11 Plan
SUNEDISON INC: Taps Cohen & Gresser as Special Counsel
SUNEDISON INC: Taps Ernst & Young LLP as Tax Service Provider

SUNEDISON INC: Taps Keen-Summit as Real Estate Advisor
SUNEDISON INC: To Hire Eversheds as UK, Middle East Counsel
SUPERIOR PLUS: S&P Revises Outlook to Stable & Affirms 'BB' CCR
TAMPA BAY SEAFOOD: Hires Luke Lirot as Counsel in Pinellas Rift
TANGO TRANSPORT: Seeks to Hire Ken Gibson as Broker

THOMPSON CREEK METALS: Moody's Reviews Caa1 CFR for Upgrade
TOMS SHOES: Moody's Lowers CFR to Caa1, Outlook Stable
TOSHIBA SAMSUNG: Chapter 15 Case Summary
TOSHIBA SAMSUNG: Disc Drive JV Unit Seeks Ch. 15 Protection
TRANSOCEAN INC: Moody's Assigns B1 Rating on $1.5BB Sr. Notes

TRANSOCEAN INC: S&P Assigns 'BB-' Rating on Planned $1.5BB Notes
USA DISCOUNTERS: Inks Deal to Resolve Colorado Lawsuit
VIRGIN ISLANDS WAPA: Moody's Lowers Rating on Electric Bonds to B1
WAYZATA-ROCHESTER: Taps Steven B. Nosek as Bankruptcy Counsel
WTB 5 ENTERPRISES: Hires Aviles & Associates as Accountant

[*] Law Firm Mergers Keep Pace with 2015's Record
[*] Myers Earns Certified Turnaround Professional Certification
[*] Total Bankruptcy Filings Decline in First Half of 2016
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

364 N.B.E. CORP: $800K Sale of Myrtle Avenue Property Approved
--------------------------------------------------------------
Judge Nancy Hershey Lord on July 1, 2016, entered an order
approving 364 N.B.E. Corp.'s sale of real estate located at 364
Myrtle Avenue, Brooklyn, New York, to JA Funding, Inc., the highest
and bidder.

An auction was held on June 7, 2016.  The Debtor received several
qualified bids for the Property at the auction, and it was
determined at the conclusion of the auction that JA Funding, Inc.
submitted the highest and best bid in the amount of $800,000, which
included a credit bid of $445,000.

The Court held the offer of JA Funding for the Property is the
highest and best offer received by the Debtor after a period in
which third parties had sufficient opportunity to seek information
and participate in the Auction for the sale of the Property.

A copy of the Sale Order is available at:

     http://bankrupt.com/misc/364_NBE_183_Sale_Ord.pdf

                      About 364 N.B.E. Corp.

364 N.B.E. Corp. sought protection under Chapter 11 of the
Bankruptcy Code on Nov. 11, 2013 (Bankr. E.D.N.Y. Case No.
13-46771).  The case is assigned to Judge Nancy Hershey Lord.

The Debtor's counsel is Scott Markowitz, Esq., at Tarter Krinsky &
Drogin LLP, in New York.  The petition was signed by Nadav
Ben-Eliezer, president.


8110 AERO: Hires Gordon & Rees as Counsel
-----------------------------------------
8110 Aero Drive Holdings, LLC seeks authorization from the U.S.
Bankruptcy Court for the Southern District of California to employ
Gordon & Rees as counsel for the Debtor.

The Debtor requires Gordon & Rees to:

     a. advice regarding the possible sale of all or substantially
all of Debtor's assets;

     b. examine claims of creditors in order to determine their
validity;

     c. advice on approval of a budget;

     d. advice on relief from stay motions;

     e. advice on assumption or rejection of executory contracts;

     f. prepare  and present a plan of reorganization and
disclosure statement;

     g. review, analyze, legal research, and prepare documents,
correspondence, and other communications with regard to the
foregoing matters with parties in interest, including the United
States Trustee; and

     h. in general, act as counsel on behalf of the Debtor in any
and all bankruptcy law and related matters which may arise in the
course of this chapter 11 case.

Gordon & Rees will be paid at these hourly rates:

      William Rathbone, and Senior Partners           $525
      Partners                                        $425
      Senior Counsel                                  $390
      Associates                                      $300
      Legal Assistants                                $175

Gordon & Rees received an initial retainer of $100,000.  Gordon &
Rees applied the retainer for pay for its pre-petition services to
Debtor.

Gordon & Rees will also be reimbursed for reasonable out-of-pocket
expenses incurred.

William M. Rathbone, partner of Gordon & Rees, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Gordon & Rees may be reached at:

      William M. Rathbone, Esq.
      Megan M. Adeyemo, Esq.
      Jennifer E. Duty, Esq.
      Gordon & Rees
      101 W. Broadway Suite 2000
      San Diego, CA 92101
      Telephone: (619)696-6700
      Facsimile: (619)696-7124
      E-mail:  wrathbone@gordonree.com
               madeyemo@gordonrees.com
               jduty@gordonrees.com

                     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.


ACADEMIA SAGRADO: Plan Offers Full-Payment to Creditors
-------------------------------------------------------
Academia Sagrado Corazon, Inc., filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a Small Business Amended Plan
of Reorganization and accompanying disclosure statement, which
propose full payment to holders of general unsecured non-priority
creditors.

General unsecured creditors have filed these claims:

   AAA                                  $45,161
   AEE                                 $118,772
   STD For Kids, Corp.                  $23,200
   Banco Popular de Puerto Rico         $64,161
   State Insurance Fund                 $13,454
   Puerto Rico Treasury Department      $25,507

Payments and distributions under the Plan to allowed claims will be
funded by the sale of the Debtor's assets to the Universidad
Interamericana de Puerto Rico.  The Universidad Interamericana
offered to purchase the assets of the Debtor for $550,720.

A full-text copy of the Disclosure Statement dated June 14, 2016,
is available at http://bankrupt.com/misc/prb15-06955-69.pdf

Academia Sagrado Corazon, Inc., filed a Chapter 11 petition (Bankr.
D.P.R. Case No. 15-06955) on September 9, 2015, and is represented
by Wigberto Mercado Barbosa, Esq., in San Juan, Puerto Rico.  At
the time of its filing, the Debtor had $1.2 million in total assets
and $220,979 in total debts.  The Debtor, in existence since 1928,
operates a school in Santurce, Puerto Rico.  The petition was
signed by Dr. Julia Malave, president.  A list of the Debtor's 11
largest unsecured creditors is available for free at
http://bankrupt.com/misc/prb15-06955.pdf


ALTOMARE AUTO: Seeks to Hire BMC Group as Noticing Agent
--------------------------------------------------------
Altomare Auto Group, LLC seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire BMC Group, Inc. as its
noticing and balloting agent.

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

     (a) maintaining the creditor matrix and the core and master
         service lists;

     (b) preparing, coordinating or serving miscellaneous notices
         and pleadings as requested;

     (c) within five business days after the mailing of a
         particular notice, file with the Clerk's office a
         declaration of service;

     (d) maintaining the official mailing list for the Debtor of
         all entities that have filed proofs of claim;

     (e) promptly complying with such further conditions and
         requirements as the Clerk's Office or court may at any
         time prescribe;

     (f) providing other noticing, and related administrative
         services as may be requested from time to time by the
         Debtor or the Clerk;

     (g) providing recommendations to the Debtor regarding all
         aspects of the voting and ballot tabulation process;

     (h) responding to inquiries of solicited parties regarding
         the disclosure statement and the plan voting procedures;

     (i) tabulating all ballots and master ballots in accordance
         with established procedures; and

     (j) preparing an appropriate ballot certification.

The firm's professionals will be paid at these hourly rates are:

     Project Managers                $125
     Consultants                     $100
     Analysts                         $85
     Data Entry/Call Center/    $25 - $45
        Admin Support    

Tinamarie Feil, president of BMC Group, disclosed in a court filing
that the firm does not hold or represent any interest adverse to
the Debtor's estate.

The firm can be reached through:

     Tinamarie Feil
     BMC Group Inc.
     600 1st Avenue, Suite 623
     Seattle, WA 98104
     Email: tfeil@bmcgroup.com
     Tel: 206-516-3300
     Fax: 206-516-3304

The Debtor can be reached through its counsel:

     Daniel Stolz, Esq.
     Wasserman, Jurista & Stolz, P.C.
     110 Allen Road, Suite 304
     Basking Ridge, NJ 07920
     Tel: (973) 467-2700
     Email: dstolz@wjslaw.com
            attys@wjslaw.com

                        About Altomare Auto Group

Altomare Auto Group, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. N.J. Case No. 16-22376) on June 27,
2016.  The petition was signed by Anthony Altomare, managing
member.  At the time of the filing, the Debtor disclosed $9.04
million in assets and $12.78 million in liabilities.


AMBULATORY ENDOSCOPIC: Seeks to Hire Hugo Brandts as Accountant
---------------------------------------------------------------
Ambulatory Endoscopic Surgical Center of Bucks County, LLC and
Regional Gastrointestinal Consultants, P.C. seek approval from the
U.S. Bankruptcy Court for the Eastern District of Pennsylvania to
hire an accountant.

The Debtors propose to hire Hugo Brandts, a certified public
accountant, to provide accounting services including the
preparation of tax returns for 2015, monthly operating reports and
cash collateral budget.

Mr. Brandts will be paid $200 per hour for his services and will
receive reimbursement for work-related expenses.

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

The Debtors can be reached through their counsel:

     Jeffrey S. Cianciulli, Esq.
     Lauren N. Schwimmer, Esq.
     Weir & Partners LLP
     The Widener Building
     1339 Chestnut Street, Suite 500
     Philadelphia, PA 19107
     Tel: (215) 665-8181
     Fax: (215) 665-8464
     Email: jcianciulli@weirpartners.com
            lschwimmer@weirpartners.com

                   About Ambulatory Endoscopic

Ambulatory Endoscopic Surgical Center of Bucks County, LLC and
Regional Gastrointestinal Consultants, P.C. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E. D. Pa. Lead Case No.
16-13517) on May 17, 2016.  The petitions were signed by Andrew T.
Fanelli, sole member of Ambulatory Endoscopic.  

The cases are assigned to Judge Eric L. Frank.

At the time of the filing, the Debtors estimated their assets at
$100,000 to $500,000, and liabilities at $1 million to $10 million.


ARCH COAL: Exclusive Plan Filing Deadline Moved to Sept. 7
----------------------------------------------------------
The Hon. Charles E. Rendlen, III, of the U.S. Bankruptcy Court for
the Eastern District of Missouri has extended, at the behest of
Arch Coal, Inc., et al., the (i) the exclusive period for them to
file a Chapter 11 plan to Sept. 7, 2016; and (ii) the exclusive
period for them to solicit acceptances of that plan to Nov. 6,
2016.

As reported by the Troubled Company Reporter on May 13, 2016, the
Debtors sought the extension, saying that additional work and
progress is necessary in connection with the continued negotiation
of a plan.  The Debtors continue to engage with the official
committee of unsecured creditors appointed in these cases and their
other constituencies to finalize a plan of reorganization that can
be confirmed on a consensual basis.  Resolving the matters prior to
solicitation of acceptances on the Plan will maximize the Debtors'
chances of expeditiously confirming the Plan.  The Debtors
submitted on May 5, 2016, their Joint Plan of Reorganization and an
accompanying Disclosure Statement, filed in accordance with the
milestones contained in that certain Jan. 10, 2016 Restructuring
Support Agreement between the Debtors and holders of more than 50%
of their first lien credit facility debt and the Debtors'
postpetition financing facility.

                         About Arch Coal

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

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

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

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

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


ARCHDIOCESE OF ST. PAUL: Taps CliftonLarsonAllen as Consultant
--------------------------------------------------------------
The Archdiocese of Saint Paul and Minneapolis seeks approval from
the U.S. Bankruptcy Court for the District of Minnesota to hire
CliftonLarsonAllen LLP as consultant.

The firm will perform agreed-upon procedures for the Debtor to
evaluate the status of financial and corporate records, and monitor
internal controls.     

The Debtor previously retained CliftonLarsonAllen for such purpose
in August 2015, and paid $14,048 in fees and expenses to the firm.

The services to be provided by the firm for 2016 are similar in all
respects to the services it provided for the Debtor last year.
CliftonLarsonAllen estimate that its fees for its services will be
$12,000, according to court filings.

Harold Parsons, a principal of CliftonLarsonAllen, 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:

     CliftonLarsonAllen LLP
     220 South Sixth Street, Suite 300
     Minneapolis, MN 55402-1436
     612-376-4500
     Fax: 612-376-4850
     E-mail: CLAconnect.com

               About the Archdiocese of Saint Paul
                        and Minneapolis

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

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

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

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

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

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

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


ASHLEY I LLC: Amends Employment of Environmental Manager
--------------------------------------------------------
Ashley I, LLC, and Ashley II of Charleston, LLC, filed with the
U.S. Bankruptcy Court for the District of South Carolina an amended
application to employ Cedarview Projects, Inc., as its
environmental manager for the Debtors estates pursuant to 11 U.S.C.
Section 327(a).

As reported by the Troubled Company Reporter on May 26, 2016,
Ashley I and Ashley II sought for permission from the Court to
employ the Firm as its environmental manager for the Debtors
estates.  Ashley II requested that the Firm perform analysis and
possible testing work on the Ashley II portions of the Columbia
Nitrogen Comprehensive Environmental Response, Compensation and
Liability Act Site.  The Firm estimates the cost of its services
will not to exceed $60,000 as invoiced by Firm and approved by the
Court.

There is approximately $1,470 due and owing to Firm for prepetition
work performed on behalf of the Debtor.  The Firm hereby waives any
and all claims relating to services rendered pre-petition.

The Debtors started acquiring real estate in 2002 for the purpose
of developing a multi-use real estate development as a proposed
urban infill project along the Ashley River in the Neck area of
Charleston and North Charleston, South Carolina.  The Debtors'
current real property holdings consist of approximately 182 acres,
composed of roughly 134 acres of highland and roughly 48 acres of
marsh along the Ashley River north of Wagener Terrace and west of
1-26.  For many years, dating back to the 19th century, the Neck
was an industrial area that included phosphate fertilizer plants,
lumber treatment plants, chemical plants, and the like.  The
extensive uses of contaminants on the Neck caused its lands and
water to become contaminated, to the extent that several tracts of
land in the Neck were designated Comprehensive Environmental
Resonse, Compensation and Liability Act Sites or "Superfund Sites"
by the United States Environmental Protection Agency.

The Debtors intended to acquire and remediate lands on the Neck,
including those designated as Superfund Sites, and to develop a
mixed-use community to serve as a model for urban redevelopment
nationwide.  The Debtors acquired the land and they began the
planning and re-zoning process.

Ashley II has requested that Firm perform analysis and possible
testing work on the Ashley II portions of the Columbia Nitrogen
CERCLA Site.  Firm estimates the cost of its services will not to
exceed $34,724.50 as invoiced by Firm and approved by the Court.
This is in line with Firm's normal fee arrangements for the
services.  Scott R. Freeman, P.E.'s customary hourly rate is $150
per hour.

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

The Firm can be reached at:

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

                        About Ashley I

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

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

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


ATRIUM SUITES: Selling FF&E to Building's Owner
-----------------------------------------------
Atrium Suites & Conference Center, LLC, asks the U.S. Bankruptcy
Court for the District of New Jersey for authority to sell its
furniture and equipment left at the Two Tower Center, East
Brunswick, New Jersey, to Tower Two Center LLC.

Atrium was a tenant occupying the 19th floor of Two Tower Center,
which is owned by Tower Two Center LLC.  On June 8, 2016, the
Debtor won approval from the bankruptcy court to reject the lease.
The Debtor vacated the premises on June 15, 2016.

The FF&E was among the collateral pledged to Covenant Bank to
secure a $1 million loan.

The Bank and the Buyer have negotiated the terms of the sale of the
FF&E in an arm's-length negotiations and the Bank consents to the
sale of the FF&E by the Debtor to the Buyer, free and clear of all
liens, claims and encumbrances, for the purchase price of $39,840.

A hearing on the Motion is scheduled to be held for Aug. 2, 2016 at
10:00 a.m.

Atrium Executive Suites & Conference Center, LLC, sought Chapter 11
protection (Bankr. D.N.J. Case No. 16-17547) on April 19, 2016.
The Hon. Andrew B. Altenburg Jr. is the case judge.  The Debtor
tapped Paul Stadler Pflumm, Esq., at the Law Offices of Joseph A.
McCormick, Jr. P.A., as counsel.  The Debtor estimated less than
$50,000 in assets and $1 million to $10 million in debt.

Attorneys for the Debtor:

         Paul Pflumm, Esq.
         JOSEPH A. McCORMICK, JR., P.A.
         76 Euclid Avenue, Suite 103
         Haddonfield, New Jersey 08033
         Tel: (856) 795-6500
         E-mail: ppflumm@mccormicknjlaw.com

Attorneys for Tower Two Center LLC:

         Martha B. Chovanes, Esq.
         FOX ROTHSCHILD LLP
         2000 Market Street, 20th Floor
         Philadelphia, PA 19103
         Tel: (215) 299-2019
         Fax: (215) 299-2150
         E-mail: mchovanes@foxrothschild.com

Counsel for Covenant Bank:

         David Banks, Esq.
         BANKS & BANKS
         3038 Church Road
         Lafayette Hill, PA 19444
         Tel: 610 940-3900
         E-mail: bbwlaw@yahoo.com


BALL CORP: S&P Affirms 'BB+' CCR on Rexam Deal Completion
---------------------------------------------------------
S&P Global Ratings said that it has affirmed all of its ratings on
Broomfield, Colo.-based Ball Corp., including S&P's 'BB+' corporate
credit rating.  The outlook is negative.

At the same time, S&P lowered its corporate credit rating on Rexam
PLC and S&P's issue-level ratings on the company's senior unsecured
debt to 'BB+' from 'BBB-' to reflect the entity's status as a core
operating subsidiary of Ball.

S&P lowered its short-term rating on Rexam to 'B' from 'A-3'
because S&P now rates the company as speculative grade.  S&P also
withdrew its senior unsecured ratings on Rexam's credit facility,
as S&P expects that facility to be repaid.  S&P expects that
Rexam's unrated private placement notes will be paid off within the
next month, so S&P has not factored that debt into its recovery
analysis.

Additionally, S&P lowered its issue-level rating on Rexam's 6.75%
hybrid subordinated notes due 2067 by two notches to 'B+' from 'BB'
because of S&P's hybrid criteria.  The criteria indicates that S&P
should initially lower the rating on this debt by two notches from
S&P's corporate credit rating on the issuer for subordination
before applying an additional one-notch reduction for the
deferability of interest payments.  The notes' terms include a
change of control provision that increases the applicable interest
rate by 5%, so S&P anticipates that the company will elect to call
the notes soon.

"The affirmation reflects our belief that Ball will smoothly
integrate the $8.5 billion Rexam acquisition and achieve operating
and cost synergies that will allow it to maintain a funds from
operations (FFO)-to-debt ratio in the 12%-20% range," said S&P
Global credit analyst James Siahaan.

The negative outlook on Ball Corp. reflects the potential that S&P
could lower its ratings on the company if significant integration
issues pertaining to the Rexam acquisition, other operational
challenges, or financial policy decisions cause the company's
credit measures to unexpectedly weaken.

S&P could lower its ratings on Ball Corp. if management's financial
policies, integration-related challenges, or weakness in the
company's operating performance causes its FFO-to-debt ratio to
deteriorate to less than 12% during the 12-18 months following the
close of the proposed transaction with limited prospects for
improvement.

It is unlikely that S&P will upgrade Ball Corp. over the next year
in light of S&P's expectation that the company's credit measures
will be weak following the Rexam acquisition, along with the
potential that it may face integration-related challenges.  S&P
could revise its outlook on Ball to stable if a smooth integration,
solid production volumes, and continued progress toward realizing
acquisition synergies allows the company to consistently improve
its credit measures.  An upgrade would be predicated on S&P's view
that management's financial policies will be conservative enough to
warrant higher ratings, as demonstrated by consistently maintaining
a FFO-to-adjusted debt ratio of more than 20% and an adjusted
debt-to-EBITDA ratio of less than 4x.


BFN OPERATIONS: Seeks to Hire Hunton & Williams, 5 Other OCPs
-------------------------------------------------------------
BFN Operations LLC and its affiliates seek approval from the U.S.
Bankruptcy Court for the Northern District of Texas to hire six
professionals used in the ordinary course of business.  

The "ordinary course" professionals are:

     Professionals                    Services
     -------------                    --------
     Hunton & Williams LLP              Legal
     Hall, Estill, Hardwick, Gable,     Legal
       Golden & Nelson, PC
     Lillard Wise Szygenda, PLLC        Legal
     HoganTaylor, LLP                   Accounting/Auditing
     Patty Gill PLC                     Legal
     BDO USA, LLP                       Accounting/Auditing

The OCPs will be compensated in accordance with the Debtors'
proposed procedures, which allow them to pay up to $125,000 per
month, in the aggregate, for all OCPs, and $375,000, in the
aggregate, for the entire period in which their Chapter
11 cases are pending.

The Debtors can be reached through their counsel:

     Holland N. O'Neil
     Marcus A. Helt
     Michael S. Haynes
     Mark C. Moore
     Matthew J. Pyeatt
     Gardere Wynne Sewell LLP
     3000 Thanksgiving Tower
     1601 Elm Street
     Dallas, TX 75201-4761
     Telephone: (214) 999-3000
     Facsimile: (214) 999-4667
     E-mail: honeil@gardere.com
             mhelt@gardere.com
             mhaynes@gardere.com

                    About BFN Operations

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

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

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

Judge Barbara J. Houser is assigned to the cases.


BRIAN PAUL MYERS: Aug. 3 Plan Confirmation Hearing
--------------------------------------------------
Judge George B. Nielsen of the U.S. Bankruptcy Court for the
District of Arizona approved the disclosure statement explaining
Brian Paul Myers' Chapter 11 plan and scheduled the hearing to
consider the confirmation of the Plan for August 3, 2016, at 1:30
p.m.

The last day for filing with the Court written acceptances or
rejections of the Plan is July 27.  The last day for filing written
objections to confirmation of the Plan is July 27.

The written report by proponent, as required by Local Rule 3018, is
to be filed two days prior to the hearing date set for confirmation
of the plan.

If the debtor is an individual, August 3 is also the last date to
file a complaint objecting to the discharge of the debtor pursuant
to Sections 727 and 1141 of the Bankruptcy Code.  If an objection
to confirmation is filed, the Court may utilize the initial hearing
to determine the appropriate discovery procedures, the scheduling
of a Rule 16 Conference, etc., under the Federal Rules of Civil
Procedure, as amended.  If no objection to confirmation is filed,
the Court may still request that evidence be presented or that
counsel present an offer of proof in support of confirmation of the
plan of reorganization.

The bankruptcy case is In re BRIAN PAUL MYERS, Case No.
3-12-bk-25813 GBN (Bankr. D. Ariz.).

The Debtor's counsel is:

     Allan D. NewDelman, P.C., Esq.
     80 East Columbus Avenue
     Phoenix, AZ 85012


BULLIONDIRECT INC: Proceeds from Asset Sale to Fund Ch. 11 Plan
---------------------------------------------------------------
BullionDirect, Inc., filed with the U.S. Bankruptcy Court for the
Western District of Texas, Austin Division, an amended disclosure
statement explaining its plan of reorganization.

A sale of the Debtor's assets to Cheryl Huseman and Jack Murph for
$100,000 and other valuable consideration, was approved by the
bankruptcy court on May 23, 2016.  The Huseman-Murph Asset Purchase
Agreement provides for a profits interest, ranging from 80% of
profits to 50%, retained for the benefit of creditors for a period
of seven years.  All other assets, including the contents of the
IDS vault, the proceeds of the Profit Interests, and all Preserved
Causes of Action will be transferred to a Litigation Trust to be
administered by a Litigation Trustee.

The Plan provides for this treatment of claims:

   * Class 1 Administrative Claims - Payable from available funds
after reservation of $50,000 for BDI Litigation Trust, any balance
to be paid from BDI Litigation Trust.

   * Class 2 Secured Claims of Governmental Units - Payable over 5
years at 12% interest.

   * Class 3 Priority Unsecured Claims of Governmental Units -
Payable over 5 years at 4% interest.

   * Class 4 Prior Unsecured Claims - Section 507(a)(7)(up to
$2,775 per claimant) - Pro rata payments from BDI Litigation Trust
until paid in full.

   * Class 5 General Unsecured Claims - Payment on pro rata basis
from BDI Litigation Trust after payment of Classes 1 through 4.

   * Class 6 Equity Cancellation of stock - No payment.

A full-text copy of the Amended Disclosure Statement dated June 14,
2016, is available at
http://bankrupt.com/misc/txwb15-10940-186.pdf

                     About BullionDirect

BullionDirect, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Tex. Case No. 15-10940) on July 20, 2015.  Dan Bensimon
signed
the petition as president.  The Debtor disclosed total assets of
$48,107 and total liabilities of $16,955,330 as of the Chapter 11
filing.  Joseph D. Martinec, Esq., at Martinec, Winn & Vickers,
P.C., represents the Debtor as counsel.  Judge Tony M. Davis
presides over the case.

BullionDirect Inc. disclosed total assets of $486,107 plus an
unknown amount and total liabilities of $24,247,546 as of the
Chapter 11 filing.

The U.S. Trustee for Region 7 appointed creditors to serve on an
official committee of unsecured creditors.  The Committee tapped
to
retain Dykema Cox Smith as its counsel.


CAMERON PARK PLAZA: Redding Bank Asks for Ch. 11 Trustee
--------------------------------------------------------
Redding Bank of Commerce moves for appointment of a Chapter 11
Trustee in the case of Cameron Park Plaza, LP.

The Debtor is the 85% owner of certain real property commonly
described as 1614, 1615 & 1620 Continental Street, 1003 & 1005 Yuba
Street, and 1002 & 1024 Placer Street, Redding, California.  Yuba
Street Properties, LLC, a California limited liability company is
the 15% co-owner of the Redding Real Property.  The Debtor rents a
portion of the Redding Real Property for use as commercial office
use. However, the majority of the rentable building area sits
vacant.

Redding Bank is a creditor of the Debtor, and the Bank and the
Debtor believe that the Bank has a perfected first priority
security interest in the Redding Real Property.

This bankruptcy was filed to stop the foreclosure by the Bank of
the Redding Real Property.

In its motion filed before the U.S. Bankruptcy Court for the
Northern District of California, Redding Bank avers that cause
exists for the appointment of a Chapter 11 Trustee in the case:

   * Since the bankruptcy filing, the Debtor has failed to file any
monthly operating reports.

   * The Debtor has failed to file accurate schedules.
Specifically, at the Sec. 341(a) meeting of creditors, the Debtor's
representative and general partner, David Monetta, testified that
in addition to the scheduled $57,000 owed to Mr. Monetta by Debtor,
there is also approximately $30,000 not scheduled that is owed to
Mr. Monetta by Debtor for legal fees. Additionally, the Debtor
failed to schedule past due management fees of 2% of gross rents
due to its representative and general partner, David Monetta.  The
Debtor has failed to disclose on its Schedule D a junior priority
deed of trust encumbering the Redding Real Property in favor of
Bruce T. Conzelman 2006 Revocable Trust and the David and Lisa
Monetta 2006 Revocable Trust. The Debtor has failed to disclose
accurately the source of compensation to its bankruptcy counsel.

   * The Debtor failed to obtain authority from its partner, Yuba
Street, to file this bankruptcy case.

   * The Debtor has failed to designate its "Responsible
Individual" as mandated by Local Bankruptcy Rule 4002-1.

   * The Debtor has failed to seek court authority to employ its
management company, Management Consulting Group, Inc. This property
manager, which is not an equity partner and which has not been
employed under 11 U.S.C. Sec. 327, has been given signatory
authority over Debtor’s debtor-in-possession bank accounts.  In
addition, the Debtor has failed to seek court authority to employ
its real estate broker, Colliers International.  

Attorneys for Redding Bank of Commerce:

       Walter R. Dahl
       Andrew Brian Reisinger
       DAHL LAW, ATTORNEYS AT LAW
       2304 "N" Street
       Sacramento, CA 95816-5716
       Telephone: (916) 446-8800
       Telecopier: (916) 741-3346
       E-mail: wdahl@DahlLaw.net
               abreisinger@DahlLaw.net

                     About Cameron Park

Cameron Park Plaza, LP sought protection under Chapter 11 of the
Bankruptcy Code in the Northern District of California (San
Francisco) (Case No. 16-30540) on May 17, 2016.  

The petition was signed by David Monetta, general partner.  The
case is assigned to Judge Hannah L. Blumenstiel.

The Debtor disclosed total assets of $8.22 million and total debts
of $4.20 million.


CELTIC CONCEPTS: Plan Proposes 20% Payment to Unsecured Creditors
-----------------------------------------------------------------
Celtic Concepts, Ltd., filed with the U.S. Bankruptcy Court for the
Southern District of Texas, Houston Division, a first amended plan
of reorganization and accompanying disclosure statement, which
propose a 20% payment to holders of Allowed General Unsecured
Claims.

Holders of Allowed Class 3 - General Unsecured Claims will be paid
in equal monthly installments over a period of 72 months, with the
first payment due on the Distribution Date. The Debtor anticipates
that Class 3 will consist of the unsecured, deficiency claim of
First Bank on the Debtor's August 18, 2006 promissory note, the
unsecured claim of First Bank on the Debtor's guaranty of the
Sirenuse promissory note, the unsecured claim of Wells Fargo Bank
on an unsecured line of credit, trade creditors of the Debtor,
Heartland Payment Systems, Inc., on its litigation claim, and the
personal injury claimant who has filed suit against the Debtor's
alcoholic beverage management company.

First Bank's allowed Class 1 Claim will be paid in cash, in full,
in equal monthly installments over a period of 120 months, with
interest at 4.0% per annum, with the first payment due on the
Distribution Date. The aggregate amount of First Bank's claim is in
the approximate amount of $450,000.

Holders of allowed, unsecured priority claims will receive equal
monthly payments, plus 12% interest per annum, in cash for a period
of five years from the Petition Date, with the first payment due on
the Distribution Date. The Debtor anticipates having Allowed Claims
for taxes by governmental entities.  

Holders of Allowed Class 4 Claims will be paid 20% of the Allowed
Amount of each Holder's Class 4 Claim in cash, in full on the
Distribution Date.  This class consists of all allowed, de minimus
unsecured claims.  This class shall consist of all trade creditors
whose claims are in an allowed amount of $500.00 or less.

Holders of Allowed Class 5 Interests will surrender their limited
partnership interests to the Debtor.

A full-text copy of the First Amended Disclosure Statement dated
June 14, 2016, is available at
http://bankrupt.com/misc/txsb16-32610-43.pdf

The Debtor is represented by:

     Matthew B. Probus, Esq.
     WAUSON PROBUS
     One Sugar Creek Center Blvd., Suite 880
     Sugar Land, TX 77478
     Tel: (281) 242-0303
     Fax: (281) 242-0306
     Email: mbprobus@w-plaw.com

Celtic Concepts, Ltd. sought protection under Chapter 11 of the
Bankruptcy Code (Bank. S. D. Tex. Case No. 16-32610) on May 24,
2016.  The Debtor operates a restaurant and pub on the Waterway in
The Woodlands, Texas.

The petition was signed by Brian Young, president of Ceana, LLC
general partner. The case is assigned to Judge Marvin Isgur.

The Debtor estimated assets of $100,000 to $500,000 and debts of $1
million to $10 million.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Celtic Concepts, Ltd.


CHANGE HEALTHCARE: Moody's Affirms B2 CFR, Outlook Positive
-----------------------------------------------------------
Moody's Investors Service revised the ratings outlook for Change
Healthcare Holdings, Inc. to positive from stable.  Moody's also
affirmed Change Healthcare's B2 Corporate Family Rating, B2-PD
Probability of Default Rating, Ba3 senior secured credit facility
rating, Caa1 unsecured notes rating and SGL-2 speculative grade
liquidity rating.

The revision of the outlook to positive follows Change Healthcare's
announcement that it has signed a definitive agreement to form a
new joint venture with McKesson's Technology Solutions business.
The combined entity is expected to have about $3.4 billion in
revenue and $6.1 billion in debt.  Moody's estimates that the JV's
leverage will be around 6.5 times at close and around 5.6 times if
management's $150 million in synergies are realized.

"While the new entity will be significantly larger and more diverse
in terms of product offering and customers, leverage will be high
at close," stated Moody's analyst Todd Robinson.  An upgrade at the
new entity is not certain and is contingent on Moody's comfort that
cost synergies and debt repayment from an IPO will sufficiently
deleverage the company and that integration can be done without
disruption to the business," continued Todd Robinson.

The transaction is expected to close in the first half of 2017 and
is subject to customary closing conditions, including compliance
with the Hart-Scott-Rodino Antitrust Improvements Act.

These ratings were affirmed:

  Corporate Family Rating, B2
  Probability of Default Rating, B2-PD
  $125 million senior secured revolving credit facility,
    Ba3 (LGD3)
  $1.8 billion senior secured term loan facility, Ba3 (LGD3)
  $625 million unsecured notes, Caa1 (LGD5)
  Speculative Grade Liquidity rating of SGL-2

                        RATINGS RATIONALE

The B2 Corporate Family Rating reflects Change Healthcare's high
leverage and the significant competition in the healthcare
technology industry.  Furthermore, the company has aggressive
financial policies with a history of debt funded acquisitions.
However, the rating is supported by Change Healthcare's high
recurring revenue base, its position as one of the leading
providers of revenue and payment cycle management services, high
product switching costs, and opportunities to cross-sell its
services.

The positive outlook reflects Moody's view that, should the newly
formed joint venture be consummated, Change Healthcare will be part
of an enterprise with a stronger overall credit profile than if
Change Healthcare remains a standalone company.  However, Moody's
expects that all of Change Healthcare's debt will be repaid upon
the close of the transaction in accordance with the company's
credit agreements.  As a result, Moody's anticipates that Change
Healthcare's ratings will be withdrawn at the close of the sale and
ratings will be assigned at the new entity.

While Change Healthcare remains a stand-alone issuer, the rating
could be upgraded if the company meaningfully grows revenue,
earnings and cash flow.  Specifically, Moody's would need to see
debt to EBITDA sustained below 4.5 times.

The rating could be downgraded if earnings and cash flow materially
deteriorate as a result of pricing pressures or declines in the
company's customer base.  Specifically, if the company's debt to
EBITDA is sustained above 6.5 times or EBITA to interest expense
declines below 1.5 times there would be downward rating pressure.
Furthermore, additional debt funded acquisitions that materially
weaken credit metrics would weigh on the rating.

Change Healthcare provides software and analytics, network
solutions and technology-enabled services that optimize
communications, payments and actionable insights designed to enable
smarter healthcare.  The company had revenue of $1.5 billion for
the twelve months ended March 31, 2016.  The company is owned by
Blackstone and Hellman & Friedman.

McKesson's Technology Solutions business provides IT solutions to
the healthcare industry designed to improve patient safety, reduce
the cost and variability of care, improve healthcare efficiency and
better manage revenue streams and resources.  Moody's estimates
that McKesson's Technology Solutions business had revenue of about
$1.8 billion in the twelve months ended March 31, 2016.

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


CHRISTIAN FAMILY: Cash Use Barred; No Trustee Appointed
-------------------------------------------------------
Judge Paul G. Hyman entered an order granting in part and denying
in part, the emergency motion filed by Church Loans & Investments
Trust and Herring Bank (collectively, "Lender") to prohibit the use
of cash collateral, or, in the alternative, to appoint a Chapter 11
trustee in the Chapter 11 case of Christian Family Church
International, Inc.

Judge Hyman ordered that:

   * The Debtor is prohibited from use of the Lender's cash
collateral absent further order o the Court.

   * The Debtor will promptly provide a written inventory of all
personal property and fixtures removed from the premises of 430
Center Street, Jupiter, Florida to counsel for the Lender.

   * Within three business days of receipt of the written
inventory, the Debtor will produce the personal property and
fixtures for inspection by the Lender.

   * The Motion's request for appointment of a Chapter 11 trustee
is DENIED WITHOUT PREJUDICE.

The Lender's attorneys:

         Ryan C. Reinert, Esq.
         SHUTTS & BOWEN LLP
         4301 W. Boy Scout Blvd., Suite 300
         Tampa, FL 33607
         Tel: (813) 229-8900
         Fax: (813) 229-8901
         E-mail: rreinert@shutts.com

                   About Christian Family Church

Christian Family Church International, Inc. sought protection under
Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for
the Southern District of Florida (West Palm Beach) (Case No.
16-10048) on January 4, 2016. The petition was signed by Steven
Barry, director.

The Debtor is represented by Norman L. Schroeder II, Esq., at
Norman L. Schroeder, II PA. The case is assigned to Judge Erik P.
Kimball.

The Debtor disclosed total assets of $1.99 million and total debts
of $4.74 million.


CHRISTIAN LAETTNER: Creditors Try to Force Basketball Star to Ch. 7
-------------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal, reported that Duke
University basketball legend Christian Laettner faces bankruptcy
after several creditors collectively owed $14 million filed an
involuntary chapter 7 petition against him.

According to the report, the nature of Mr. Laettner's debts weren't
described in the eight-page petition filed July 5 in U.S.
Bankruptcy Court in Durham, N.C.  A 2012 profile in The Wall Street
Journal noted that Mr. Laettner and his business partner in several
real estate deals faced civil lawsuits seeking repayment of loans
valued at about $30 million, including to sports celebrities such
as former Chicago Bull Scottie Pippen, who played with Mr. Laettner
on the 1992 Olympic men's basketball team, the report related.

In the article, Mr. Laettner's business partner and former
teammate, Brian Davis, blamed their financial troubles on
aggressive plans and the economic downturn, the report further
related.

Under bankruptcy-court rules, Mr. Laettner has 21 days to respond
to the involuntary petition, the report noted.

His lawyer, Hassan Zavareei, said the involuntary bankruptcy is
related to the West Village real estate development in Durham,
N.C., a downtown project that dwindled during the economic
recession, the report said.  The involuntary petition stems from
two creditors who are fighting to recover money from the project
and that Mr. Laettner plans to negotiate a deal that will lead the
chapter 7 filing to be dismissed, he said, the report added.


CHRISTOPHER NUSSBAUMER: Court OKs $882,000 Sale of Property
-----------------------------------------------------------
Judge Jean K. Fitzsimon entered an order authorizing Christopher J.
Nussbaumer to sell his real property located at 881 S. Five Points
Road, West Chester, PA, to Tracy Hu for $882,000.

The Order also provides that:

   * The Debtor and/or JWD Associates (14-17493-jkf) will make
payments to secured creditor TD Bank, N.A. in the amount of $7,000
per month due on the first of each month beginning Nov. 1, 2015 and
continuing through the time which all accounts due and owing to TD
Bank, N.A. by Debtor, his wife, Wescho Company, Inc., and/or JWD
Associates are paid in full by (1) the Debtor and/or JWD Associates
or (2) a Chapter 11 Plan is confirmed by this Court in the JWD
Associates matter; whichever is later;

   * This sale is specifically contingent upon TD Bank, N.A.
receiving proceeds from the sale in an amount equal to or greater
than $815,000 in readily available funds at closing with closing to
occur no later than Aug. 1, 2016;

   * The court appointed broker, Edward Ritti of Prudential Fox and
Roach Realtors, will receive his 6% commission at settlement and
may share his commission with any cooperating broker;

   * Any other usual and ordinary adjustments and payments
associated with the real estate closing will be paid at
settlement;

   * The Debtor and/or JWD Associates agree to file a Plan on or
before Nov. 1, 2016, which Plan will pay all outstanding amounts
due to TD Bank, N.A., and which Plan must include a term not to
exceed seven years;

   * Failure to timely file the Plan will allow TD Bank, N.A. or
any party in interest to file a motion to dismiss Nussbaumer Case
No. 15-15926-JKF and/or JWD Associates Case No. 14-17493-JKF for
failure to comply with this Court's Order;

   * Upon filing of the Plan(s), TD Bank, N.A. will reserve all
rights to review and object to said Plan(s) at its discretion;

  * The Order will be docketed in and applied to both this
proceeding and the JWD Associates (14-17493-JKF) proceeding and,
notwithstanding a dismissal of either bankruptcy case, the Court
will retain jurisdiction to enforce the terms of the Order against,
inter alia, Debtor and/or JWD Associates;

  * If the Debtor or JWD Associates fail to make the monthly
payments, TD Bank, N.A. may immediately move for dismissal of
either or both proceedings;

   * If the Debtor's real property located at 881 S. Five Points
Road, West Chester, PA 19382 is not sold on or before Aug. 1, 2016,
TD Bank, N.A. shall be entitled to immediate stay relief as to 881
S. Five Points Road, West Chester, PA 19382 and, in that event,
that Debtor agrees not to oppose such relief;

   * Following the sale of the property, Debtor and JWD Associates
agree to immediately pursue all available financing opportunities
to attempt to finance the balance owed to TD Bank, N.A.

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

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

The Debtor said that although the purchase price is significantly
lower than the Blanca Properties agreement, the Hu offer
significantly reduces the time to closing due to its lack of
contingencies.  According to the Debtor, the Bank rejected Hu's
offer as well as the other three sale agreements proposed by the
Debtor since May 2014.

Christopher J. Nussbaumer is represented by:

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

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

JWD Associates sought Chapter 11 protection (Bankr. E.D. Pa. Case
No. 14-17493) on Sept. 17, 2014, in Philadelphia.  The petition was
signed by Joachim H. Nussbaumer, Winnifred J. Nussbaumer, and
Dorothea R. Iverson, general partners.


CO-OP ATLANTIC: Creditors' Meeting on July 25 in Brunswick
----------------------------------------------------------
A meeting of unsecured creditors of Co-op Atlantic et al. that are
entitle to vote on a plan of compromise and arrangement proposed by
the Debtors will be held on July 25, 2016, at 10:30 a.m. (Atlantic
Time) at the Delta Beausejour Hotel, 750 Main Street, Moncton,
Brunswick.

At the meeting, the Unsecured Creditors will be asked to:

     1. consider and, if deemed advisable, to pass, with or without
variation, a resolution to approve the plan, and;

     2. transact other business as may properly come before the
meeting or any adjournment thereof.

Additional copies of the information package, including the
information statement and the plan, may be obtained from the
monitor's website at http://www.kpmg.com/ca/coopatlanticor by
contacting the monitor by telephone at 1-855-393-3546 (toll free)
or by email at gbourikas@kpmg.ca.

Based in Canada, Co-op Atlantic -- http://www.coopatlantic.ca/--
provides agricultural, energy and social housing/real estate
services to organizations and businesses in communities in the
Atlantic region.


COMPANION DX: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Companion DX Reference Lab, LLC
        10301 Stella Link Rd, Suite C
        Houston, TX 77025

Case No.: 16-33427

Chapter 11 Petition Date: July 5, 2016

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

Judge: Hon. Marvin Isgur

Debtor's Counsel: Leonard H. Simon, Esq.
                  PENDERGRAFT & SIMON, LLP
                  The Riviana Building
                  2777 Allen Parkway, Suite 800
                  Houston, TX 77019
                  Tel: 713-737-8207
                  Fax: 832-202-2810
                  Email: lsimon@pendergraftsimon.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Michael Stewart, chief executive
officer.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txsb16-33427.pdf


CONSTRUCTION LIQUIDATION: Unsecureds to Get 25% Under Plan
----------------------------------------------------------
Construction Liquidation Inc., f/k/a NYC Constructors Inc., and
MRP, L.L.C., filed with the U.S. Bankruptcy Court for the Southern
District of New York a joint plan of liquidation and accompanying
disclosure statement, which propose approximately 25% recovery to
holders of Class 3 - General Unsecured Claims, other than the
holders of the Davis-Related Unsecured Claims, which will receive
an approximate distribution of 20%.

Larry Davis and DCM Erectors, Inc., which previously owned MRP,
hold the largest unsecured claims against the Debtors' bankruptcy
estates.  These Claims total approximately $6,136,000, which claims
represent approximately 73% of the total amount of Unsecured Claims
asserted against the Estates.  After some arms-length negotiations
Davis agreed that $100,000 of Distributions allocable to the
Davis-Related Unsecured Claims would be made available to the other
Class 3 Unsecured Claimholders.

Substantially all of the Debtors' assets have already been
liquidated and converted to cash and the Debtors have ceased
operating their business.  The Plan provides for the liquidation of
all of the remaining property of the Debtors' estates.  Proceeds
from the sale and liquidation will be used to pay creditors.  Aside
from a credit bid, the Debtors received cash in the amount of
$2,000,000 from the sale of the Debtors' assets, which is available
to distribute to Creditors in the order of priority under the
Bankruptcy Code.  The Debtors believe that the Excluded Assets have
little or no value.  The Debtors also currently have additional
cash on hand of $284,000, which is earmarked to pay professional
fees and fees due to the United States Trustee.

A full-text copy of the Disclosure Statement dated June 14, 2016,
is available at http://bankrupt.com/misc/nysb16-10069-120.pdf

The Plan was filed by the Debtors' counsel:

          Scott S. Markowitz, Esq.
          Arthur Goldstein, Esq.
          Rocco A. Cavaliere, Esq.
          TARTER KRINSKY & DROGIN LLP
          1350 Broadway, 11th Floor
          New York, NY 10018
          Tel: (212) 216-8000
          Email: agoldstein@tarterkrinsky.com
                 rcavaliere@tarterkrinsky.com

                       About NYC Constructors

NYC Constructors Inc. and its subsidiary, MRP, LLC, are under
contract to install steel at the 3 World Trade Center tower.
Besides work at 3 World Trade Center, New York Constructors said in
court documents that it has active steel erection projects at the
Museum of Modern Art and Rockefeller University.

NYC Constructors and MRP, LLC, sought Chapter 11 protection (Bankr.
S.D.N.Y. Case Nos. 16-10069 and 16-10070) on Jan. 14, 2016, with
plans to their assets to Banker Steel for at least $7.2 million.
Judge Shelley C. Chapman presides over the cases.

The Debtors tapped Scott S. Markowitz, Esq., at Tarter Krinsky &
Drogin LLP, as attorneys; and Getzler Henrich & Associates LLC, as
advisor.  NYC Constructors estimated $1 million to $10 million in
assets and debt.  The petition was signed by Barry King,
president.

Banker Steel on March 31 disclosed that it has acquired New York
City-based NYC Constructors, LLC and New Jersey-based MRP, LLC,
together referred to as NYCC.  In accordance with the Asset
Purchase Agreement, on April 5, 2016 NYC Constructors Inc. changed
its name to Constructors Liquidation Inc.


COSTAS KONDYLIS: No Rival Bids vs. Randall's $2.5MM Offer
---------------------------------------------------------
Judge Sean H. Lane entered an order authorizing the sale of Costas
Kondylis' property located at 416 N. Main Street, Southampton, New
York, for $2,500,000 to Randall Funding, LLC.

An auction was conducted on June 1, 2016, and that the Debtor
determined at the auction that no higher or better offers were made
than the $2,500,000 offer made by Randall.

The $50,000 of the $2,500,000 purchase price will be paid by
Randall in cash, at the Closing, toward administrative expenses of
the Debtor's Chapter 11 case.  Such $50,000 cash payment will be
held by Debtor's counsel in its trust account pending further order
of this Court.  In addition at the closing, Randall will pay
$25,000 to Douglas Elliman in full satisfaction of its brokerage
commission and/or disbursements related to marketing the Property.

The Debtor's property is approximately 6,000 square feet, is
improved by a house known by the address 416 N. Main Street,
Southampton, New York, and is located in a desirable area in
Southampton, approximately 2 miles from the Atlantic Ocean and
close to town in Southampton.  In its schedules, the Debtor listed
the Property as having a fair market value of $3,700,000.

As of the Petition Date, and at present, there are liens on the
Property as follows:

   (a) a first mortgage recorded against the Property, held by M&T
Bank (the "First Mortgage").  M&T Bank filed a proof of claim based
on the First Mortgage asserting a secured claim against the
Property in the amount of $981,674;

   (b) a second mortgage recorded against the Property, held by M&T
Bank (the "Second Mortgage").  According to the Debtor's Schedules,
as of the Petition Date, the debt on the Second Mortgage is
unliquidated and the outstanding balance on the Second Mortgage was
$738,792;

   (c) a judgment lien presently held by Randall, obtained by
assignment from NY Commercial Bank. Prior to the Petition Date, NY
Commercial Bank obtained a judgment against the Debtor in the
amount of $1,480,998 (the "Judgment") based on Debtor's personal
guarantee of a business debt.  The Judgment was assigned to Randall
in October 2015. Randall filed a proof of claim (the "Randall
Claim") based on the Judgment, asserting a secured claim in the
amount of $1,738,448; and

   (d) a New York State tax warrant in the amount of $94,672 as of
the Petition Date, relating to income tax owed by the Debtor.  The
NYS Department of Taxation and Finance filed a proof of claim
against the Debtor (Claim No. 1-1).

A Letter of Intent was delivered by Randall to the Debtor on March
29, 2016 for a purchase price of $2,500,00 to be paid as follows:
$50,000 cash payable at the Closing and the balance of the purchase
price by taking the Property subject to the existing First
Mortgage, Second Mortgage, and NYS Tax Lien, provided that the
aggregate of the said liens will not exceed $2,000,000, and with
Randall making a minimum credit bid of $450,000 and having the
right to credit bid up to the amount of the Judgment.

                       About Costas Kondylis

Costas Kondylis sought Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 15-11831) on July 13, 2015.  Kondylis is an
individual debtor who is continuing in the operation of his
business and management of his property as debtor in possession.

The Debtor's assets primarily consist of his fee ownership of the
property known by the address 416 N. Main Street, Southampton, New
York 11968.

The Debtor filed this Chapter 11 case in order to avoid a sheriff's
sale of the Property. Prior to the Petition Date, New York
Commercial Bank had obtained a large judgment against the Debtor
based upon the Debtor's guarantee of certain business debt. The
judgment was recorded in Suffolk County thereby becoming a judicial
lien on the Property.  The judicial lien was junior to a
traditional first mortgage held by M&T Bank, a home equity loan
held by M&T Bank, and a tax warrant filed by New York State.

On March 25, 2016, the Court entered an order approving the
Debtor's retention of Douglas Elliman as Debtor's real estate
broker.  Since the Petition Date, Douglas Elliman has been actively
marketing the Property.


DIOCESE OF DULUTH: Sues Insurers, Seeking Coverage of Abuse Claims
------------------------------------------------------------------
Tom Olsen, writing for Duluth News Tribune, reported that the
Diocese of Duluth has filed a federal lawsuit against five
insurance companies, seeking to force their participation in
settlement discussions.

According to the report, the diocese, which filed for Chapter 11
bankruptcy in December in the wake of a $4.9 million verdict in a
child sexual abuse case, filed the suit on June 24.  Mediation
between the diocese and representatives of the 125 people who filed
abuse claims in the bankruptcy process is set to begin July 19, the
report related.

"The action was commenced as a precautionary measure to ensure that
all appropriate parties would participate in the mediation
process," diocese spokesman Kyle Eller told the News Tribune. "The
mediator now has authority to compel participation in the mediation
process if necessary."

The suit names as defendants the Liberty Mutual Group, Catholic
Mutual Relief Society of America, Fireman's Fund Insurance Co.,
Church Mutual Insurance Co. and Continental Insurance Co., the
report further related.

The lawsuit alleges that the companies have breached their
contracts with the diocese because they have "failed to acknowledge
their full coverage obligations" to cover any judgments or other
legal expenses stemming from the abuse claims, the report said.

"As a direct and proximate result of the insurers' breaches of
their respective policies, the diocese has been deprived of the
benefit of insurance coverage for which substantial amounts of
money were paid with respect to the underlying actions and claims,"
the report added, citing the suit.

                     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.


DORIS WALLER: Files Full-Payment Plan; Aug. 5 Disclosures Hearing
-----------------------------------------------------------------
Doris Waller filed with the U.S. Bankruptcy Court for the Southern
District of California an individual Chapter 11 combined plan of
reorganization and disclosure statement, which propose 100% payment
of the allowed claims of secured creditors, plus 6.5% interest on
all except the arrears, which will be paid 5% interest per
agreement between the Debtor and secured creditor Wells Fargo
Bank.

General unsecured creditors will be paid 100% of their allowed
claims, plus 3% interest in monthly payments over five years.

Payments under the Plan will be funded from the Debtor's income
amounting to approximately $17,000 per month.

On August 5, 2016, at 2:30 p.m., there will be a hearing on the
Debtor's motion for review and conditional approval of the Plan and
Disclosure Statement.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/casb15-03748-139.pdf

Doris Waller filed a Chapter 11 protection (Bankr. S.D. Cal. Case
No. 15-03748) on June 2, 2015, following the loss of his job as an
engineer.  As a result of employment, he fell behind on the
mortgage of his home locate at 6127 Beaumont Avenue, in La Jolla,
California.  The mortgage was held by Wells Fargo Bank.

The Debtor is represented by:

     Sallie A. Blackman, Esq.
     law offices of timothy A. Chandler
     110 West C Street, Suite 1300
     San Diego, CA 92101


DTREDS LLC: Unsecureds to Recoup 10% Under Ch. 11 Plan
------------------------------------------------------
DTREDS, LLC, filed with the U.S. Bankruptcy Court for the Eastern
District of Virginia, Alexandria Division, a proposed plan of
reorganization and accompanying disclosure statement.

There are in excess of 380 unsecured non-priority claims either
filed or scheduled in the Debtor's case totaling more than
$3,935,000.  The Debtor estimates that its Chapter 11 Plan will
distribute an approximate 10% dividend to all unsecured claimants.
The yearly dividend paid to all unsecured creditors as a class is
not more than $78,698.

The Plan provides for monthly payments to the Clas 3 creditor,
EagleBank of $36,666, not including the payments of $25,000 and
$75,000, or the contingent payment of up to $500,000 otherwise due
to EagleBank under the Plan.

The Debtor principally does contract work for various Federal
government agencies and other firms doing work for the Federal
government, providing telecommunications services and construction
work related to telecommunications infrastructure, including work
on telecommunication towers.

A full-text copy of the Disclosure Statement dated June 14, 2016,
is available at http://bankrupt.com/misc/txsb16-32610-43.pdf

DTREDS, LLC, filed a Chapter 11 Petition (Bankr. E.D. Va. Case No.
15-12488) on July 20, 2015.  The case is assigned to Judge Robert
G. Mayer.  The Debtor is represented by Richard G. Hall, Esq., in
Annandale, Virginia.  At the time of filing, the Debtor had
$100,000 to $500,000 in estimated assets and $10 million to $50
million in estimated liabilities.  The petition was signed by
Nathaniel James Ferraco, owner.  A list of the Debtor's 20 largest
unsecured creditors is available for free at
http://bankrupt.com/misc/vaeb15-12488.pdf


EARTHLINK HOLDINGS: S&P Assigns 'B+' Rating on $125MM Facility
--------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '2'
recovery rating to Atlanta-based telecommunications services
EarthLink Holdings Corp.'s $125 million senior secured revolving
credit facility and $50 million delayed draw term loan due 2021.
The amended and extended revolver replaces the company's existing
$135 million revolver due May 2017.  The '2' recovery rating
indicates S&P's expectation for substantial recovery (70%-90%;
lower half of the range) recovery in the event of a payment
default.

S&P expects the company will use net proceeds from the term loan
along with $40 million cash on the balance sheet and approximately
$5 million of revolver borrowings to repay a portion of its
existing 8.875% senior unsecured notes due 2019.

The credit facility contains a maximum 3.5x net leverage covenant
and a 2.5x minimum interest coverage ratio.  S&P expects the
company to maintain more than 15% of EBITDA cushion under both
these covenants over the next 12 months.

There is no change to S&P's 'B' corporate credit rating and stable
rating outlook on EarthLink despite S&P's expectation for modestly
lower leverage in the mid-2x area, compared to S&P's previous
forecast for leverage in the high-2x area in 2016 as a result of
the reduction in senior unsecured notes.

RATINGS LIST

EarthLink Holdings Corp.
Corporate Credit Rating                      B/Stable/--

New Rating

EarthLink Holdings Corp.
$125 mil. revolver due 2021
Senior Secured                              B+
  Recovery Rating                            2L
$50 mil. delayed draw term loan due 2021
Senior Secured                              B+
  Recovery Rating                            2L


ELK CREEK: Voluntary Chapter 11 Case Summary
--------------------------------------------
Debtor: Elk Creek International, Inc.
           fdba Elk Creek Lumber, Inc.
           fdba Elk Creek Properties, LLC
        PO Box 760
        Wilkesboro, NC 28697

Case No.: 16-50423

Chapter 11 Petition Date: July 5, 2016

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


Judge: Hon. Laura T. Beyer

Debtor's Counsel: James H. Henderson, Esq.
                  THE HENDERSON LAW FIRM
                  1201 Harding Place
                  Charlotte, NC 28204-2248
                  Tel: 704.333.3444
                  Fax: 704.333.5003
                  E-mail: henderson@title11.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by David M. Blair, president.

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


ENERGY TRANSFER: S&P Affirms 'BB' CCR, Off CreditWatch
------------------------------------------------------
S&P Global Ratings affirmed its 'BB' corporate credit rating and
other ratings on U.S. midstream energy master limited partnership
(MLP) Energy Transfer Equity L.P. (ETE) and removed them from
CreditWatch with negative implications.  The outlook is stable. The
'4' recovery rating on the senior secured debt is unchanged and
indicates expectation for average recovery (30%-50%; upper end of
the range) if a default occurs.

The rating action reflects S&P's expectation that ETE's stand-alone
financial leverage will be in line with S&P's pre-merger estimates.
S&P believes ETE's stand-alone debt to EBITDA (defined as
distributions from its subsidiaries minus general and
administrative expenses) to be in the 3.5x to 3.75x range for 2016
and EBITDA interest coverage to be about 5.5x.  S&P's projections
assume that distributions to ETE are somewhat lower than S&P's
previous forecast, mainly due to incentive distribution right (IDR)
subsidies for ETP that benefit the partnership's distribution
coverage ratio and will support the credit profile. S&P also
expects ETE to maintain more robust distribution coverage ratios in
the 1.3x to 1.4x area through 2018.

S&P's assessment of ETE's cash flow diversity is positive, because
in S&P's view, it do not consider the default characteristics of
the underlying MLPs and the Lake Charles LNG regasification
facility in Louisiana to be highly correlated.  ETE's assets solely
consist of its general partner and limited partner interests in
ETP, Sunoco Logistics, Sunoco, and Lake Charles.

S&P's assessment of cash flow interruption risk as neutral reflects
the relative stability of the underlying cash flows at ETP, Sunoco
Logistics, Sunoco L.P., and Lake Charles, as well as S&P's
expectation that ETE will maintain ample distribution coverage
through 2018.  S&P expects about 80% of consolidated cash flows to
come from fee-based operations, which will continue to provide some
predictability of upstream distributions to ETE. Somewhat
countering this, a significant portion of ETE's cash flows relate
to incentive distribution rights, which would fall at a
disproportionate rate if the underlying MLPs were to cut their
distribution rates.

"The stable rating outlook on ETE reflects our expectation for
relative stability in the distribution payments it receives from
its ownership interests in its operating subsidiaries such that
stand-alone debt to EBITDA will remain below 4x," said S&P Global
Ratings credit analyst Michael Grande.



ENERGY XXI: Disclosure Statement Hearing Continued to July 13
-------------------------------------------------------------
The hearing regarding the disclosure statement explaining Energy
XXI, Ltd., et al.'s Plan of Reorganization is continued to July 13,
2016, at 11:45 a.m. (Central Time), following a motion filed by the
Debtors, the Official Committee of Unsecured Creditors, the First
Lien Agent, and the Ad Hoc Committee of Second Lien Noteholders
seeking continuance of the hearing to allow the parties to work
further on potential consensual resolutions to the objections of
the Creditors' Committee and facilitate negotiations with respect
to the Debtor's Plan.

The Debtors, on June 14, filed an amended disclosure statement
explaining their Plan to provide additional information including,
treatment and proposed recovery of creditors.

The Plan proposes the following treatment of claims:

   Class                                Treatment
   -----                                ---------
   Class 1 - Other Priority Claims      Unimpaired.
                                        Est. Recovery: 100%

   Class 2 - Other Secured Claims       Unimpaired.
                                        Est. Recovery: 100%

   Class 3 - Secured Tax Claims         Unimpaired.
                                        Est. Recovery: 100%

   Class 4 - EXXI Holdings Promissory   Unimpaired.
             Note Claims                Est. Recovery: 100%

   Class 5 - First Lien Claims          Unimpaired.
                                        Est. Recovery: 100%

   Class 6 - Second Lien Notes Claims   Impaired.
                                        Est. Recovery: 24.8-36.6%

   Class 7 - EGC Unsecured Notes Claims Impaired.
                                        Est. Recovery: 1.2-4.6%

   Class 8 - EPL Unsecured Notes Claims Impaired.
                                        Est. Recovery: 0.2-0.9%

   Class 9 - EXXI Convertible           Impaired.
             Notes Claims               Est. Recovery: 0.2-0.8%

   Class 10 - Trade Claims              Impaired.
                                        Est. Recovery: 75-100%

   Class 11 - General Unsecured Claims  Impaired.
                                        Est. Recovery: 0.2-4.6%

   Class 12 - Section 510(b) Claims     Impaired.
                                        Est. Recovery: 0%

   Class 13 - Intercompany Claims       Impaired.
                                        Est. Recovery: N/A

   Class 14 - Intercompany Interests    Impaired.
                                        Est. Recovery: N/A

   Class 15 - EXXI Interests            Impaired.
                                        Est. Recovery: 0%

The deadline to object to the Disclosure Statement for all parties
in interest is extended to July 8.

A blacklined version of the Amended Disclosure Statement dated June
14, 2016, is available at
http://bankrupt.com/misc/txsb16-31928-502.pdf

The Debtors are represented by:

     Harry A. Perrin, Esq.
     Bradley R. Foxman, Esq.
     Reese A. O'Connor, Esq.
     VINSON & ELKINS LLP
     First City Tower
     1001 Fannin Street, Suite 2500
     Houston, TX 77002-6760
     Tel: 713.758.2222
     Fax: 713.758.2346
     Email: hperrin@velaw.com
            bfoxman@velaw.com
            roconnor@velaw.com

        -- and --

     Paul E. Heath, Esq.
     VINSON & ELKINS LLP
     Trammell Crow Center
     2001 Ross Avenue, Suite 3700
     Dallas, TX 75201
     Tel: 214.220.7700
     Fax: 214.999.7787
     Email: pheath@velaw.com

        -- and --

     David S. Meyer, Esq.
     Jessica C. Peet, Esq.
     Lauren R. Kanzer, Esq.
     VINSON & ELKINS LLP
     666 Fifth Avenue, 26th Floor
     New York, NY 10103-0040
     Tel: 212.237.0000
     Fax: 212.23.0100
     Email: dmeyer@velaw.com
            jpeet@velaw.com
            lkanzer@velaw.com

The Creditors' Committee is represented by:

     Mitchell A. Seider, Esq.
     Adam J. Goldberg, Esq.
     Adam S. Ravin, Esq.
     LATHAM & WATKINS LLP
     885 Third Avenue
     New York, NY 10022-4834
     Tel: 212-906-1200
     Fax: 212-751-4864
     Email: mitchell.seider@lw.com
            adam.goldberg@lw.com
            adam.ravin@lw.com

        -- and --

     William H. Patrick III, Esq.
     Tristan Manthey, Esq.
     Cherie Dessauer Nobles, Esq.
     HELLER, DRAPER, PATRICK, HORN & DABNEY, L.L.C.
     650 Poydras Street, Suite 2500
     New Orleans, Louisiana 70130
     Tel: 504-299-3345
     Fax: 504-299-3399
     Email: wpatrick@hellerdraper.com
            tmanthey@hellerdraper.com
            cnobles@hellerdraper.com

Counsel to Wells Fargo Bank, National Association, as First Lien
Agent:

     Ana M. Alfonso, Esq.
     WILLKIE FARR & GALLAGHER LLP
     787 Seventh Avenue
     New York, NY 10019
     Telephone: (212) 728-8000
     Facsimile: (212) 728-8111
     Email: aalfonso@willkie.com

        -- and --

     Jennifer J. Hardy, Esq.
     WILLKIE FARR & GALLAGHER LLP
     600 Travis Street, Suite 2310
     Houston, TX 77002
     Telephone: 713-510-1700
     Facsimile: 713-510-1799
     Email: jhardy2@willkie.com

Counsel for the Ad Hoc Committee of Second Lien Noteholders:

     Dennis F. Dunne, Esq.
     Samuel A. Khalil, Esq.
     MILBANK, TWEED, HADLEY & McCLOY LLP
     28 Liberty Street
     New York, NY 10005
     Telephone: (212) 530-5000
     Email: ddunne@milbank.com
            skhalil@milbank.com

        -- and --

     Louis R. Strubeck, Esq.
     NORTON ROSE FULBRIGHT US LLP
     2200 Ross Avenue, Suite 3600
     Dallas, TX 75201
     Telephone: (214) 855-8000
     Facsimile: (214) 855-8200
     Email: louis.strubeck@nortonrosefulbright.com

        -- and --

     William R. Greendyke, Esq.
     Jason L. Boland, Esq.
     Bob B. Bruner, Esq.
     NORTON ROSE FULBRIGHT US LLP
     1301 McKinney Street, Suite 5100
     Houston, Texas 77010-3095
     Telephone: (713) 651-5151
     Facsimile: (713) 651-5246
     Email: william.greendyke@nortonrosefulbright.com
            bob.bruner@nortonrosefulbright.com

                      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.


ESP RESOURCES: Exclusive Plan Filing Period Extended to Oct. 6
--------------------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
Southern District of Texas has extended, at the behest of ESP
Petrochemicals, Inc., and ESP Resources, Inc., the exclusive period
under which the Debtors may file a plan of reorganization for a
period of 90 days through and including Oct. 6, 2016.

If the Debtors file a plan of reorganization by Oct. 6, 2016, or
timely files a motion to seek further extensions, the exclusive
period is automatically extended for an additional 60 days to allow
the Debtors to solicit and obtain acceptance of its plan.

As reported by the Troubled Company Reporter on June 17, 2016, the
Debtors sought the extension, saying that they cannot confirm a
plan until its operations and cash flow stabilize and do not
believe that an adequate plan can be filed prior to the expiration
of the Debtors' exclusivity period in which to file a plan.  The
Debtors have, in good faith, made progress towards reorganization
by generating positive income and cash flow.  The Debtors continue
to increase sales and has several significant leads which could
materialize into long term income producing projects.  The Debtors
are also seeking to obtain exit financing as part of a plan.
Culmination of increased sales and potential exit financing should
provide the Debtors with sufficient income to fund a plan.
      
                       About ESP Resources

Lafayette, Louisiana-based ESP Resources, Inc., is a manufacturer,
distributor and marketer of specialty chemicals and supply
specialty chemicals for a range of oil and gas field applications,
including killing bacteria, separating suspended water and other
contaminants from crude oil and separating oil from gas.  The
company also offers analytical services and custom-blended
chemicals for oil and gas wells.

ESP Resources, Inc., and its affiliate ESP Petrochemicals, Inc.,
sought protection under Chapter 11 of the Bankruptcy Code in the
U.S. Bankruptcy Court for the Southern District of Texas
(Victoria) (Case Nos. 16-60021 and 16-60020) on March 10, 2016.
The cases are jointly administered under Case No. 16-60020.

The petition was signed by David A. Dugas, chief executive
officer.  The case is assigned to Judge David R. Jones.

The Debtors are represented by Melissa Anne Haselden, Esq., and
Edward L Rothberg, Esq., at Hoover Slovacek LLP.

ESP Resources estimated assets of $4.08 million and debt of $9.55
million.  ESP Petrochemicals, Inc., estimated both assets and
liabilities in the range of $1 million to $10 million.


EXOTICA ACADEMY: Hires Galbut Walters as Real Estate Counsel
------------------------------------------------------------
Exotica Academy, Inc., asks for permission from the U.S. Bankruptcy
Court for the Southern District of Florida to employ the law firm
Galbut Walters & Associates, L.L.L.P., to represent the Debtor as
special real estate counsel in connection with an anticipated
section 363 sale of its commercial building located at 6229 Miramar
Parkway, Miramar, Florida 33023.

Galbut Walters has agreed to be compensated at a very reasonable
flat fee of $3,500 payable at the closing of any Section 363 sale
of the Property, and the Debtor requests that this fee be approved
and payable to Galbut Walters at closing without the need for
further application or court order.

Abraham A. Galbut, Esq., senior partner of Galbut Walters, assures
the Court that the firm doesn't hold nor represent any interest
adverse to the Debtor's estate on the matter for which the firm is
to be employed, as required by 11 U.S.C. Section 327(6).

Galbut Walters can be reached at:

     Abraham A. Galbut, Esq.
     Galbut Walters & Associates
     4770 Biscayne Boulevard, Suite 1400
     Miami, FL 33137
     Tel: (786) 245-2311
     Fax: (786) 427-6233
     E-mail: attorney1@example.com

The Debtor's counsel can be reached at:

     Nathan G. Mancuso, Esq.
     MANCUSO LAW, P.A.
     Boca Raton Corporate Centre
     7777 Glades Road, Suite 100
     Boca Raton, FL 33434
     Tel: (561) 245-4705
     Fax: (561) 226-2575
     E-mail: ngm@mancuso-law.com

Exotica Academy, Inc., owns a commercial building located at 6229
Miramar Parkway, Miramar, Florida, where it operated its hair
stylist training academy pre-petition.  It filed for Chapter 11
bankruptcy protection (Bankr. S.D. Fla. Case No. 16-10749) on Jan.
19, 2016.  The Debtor is represented by Nathan G. Mancuso, Esq., at
Mancuso Law, P.A.


FAIRWAY GROUP: July 3, 2016 Plan Effective Date
-----------------------------------------------
Fairway Group Holdings Corp., et al., notified the United States
Bankruptcy Court for the Southern District of New York that the
Effective Date of their Second Amended Joint Prepackaged Chapter 11
Plan of Reorganization occurred on July 3, 2016 and, as a result,
the Plan has been substantially consummated.

On June 8, 2016, the Bankruptcy Court entered an order approving,
among other things, the Second Amended Plan.

Eugene Irwin Davis, James A. Demme, Kenneth A. Martindale, Errol
Schweizer, and Robert D. Zable will serve as members of the board
of directors of Reorganized Holdings and Reorganized Fairway
Acquisition.

Pursuant to the Plan, the Reorganized Debtors will continue to pay
or treat each Allowed General Unsecured Claim in the ordinary
course of business as if the Chapter 11 Cases had never been
commenced, subject to all defenses or disputes the Debtors and
Reorganized Debtors may have with respect to the Claims.  Holders
of General Unsecured Claims were not entitled to vote on the Plan;
this Class was deemed to have accepted the Plan.

Under the Plan, each holder of an Allowed Secured Loan Claim will
receive, in full and final satisfaction of the Claim, on the
Effective Date, or as soon as reasonably practicable thereafter,
that holder's Pro Rata share of:

     (i) 90% of the New Common Stock issued on the Effective Date,

    (ii) the Last Out Exit Term Loan in an aggregate principal
amount of $45,000,000, and
   (iii) the Subordinated Holdco Loan in an aggregate principal
amount of $39,000,000.  

Pursuant to the Plan, on the Effective Date, all existing equity
securities issued by the Company will be cancelled.  Each holder
of
an existing equity interest shall neither receive nor retain any
property or interest in property on account of such equity
interest. As a result of the cancellation of the existing equity
securities issued by the Company, there will no longer be a
trading
market for the Company's Class A common stock and the Company will
cease to file periodic reports with the Securities and Exchange
Commission.

On the Effective Date: (i) Mr. Edward C. Arditte, the Company's
co-president and chief financial officer, will cease to serve in
those capacities and Mr. Dennis Stogsdill, the Company's chief
restructuring officer, will become acting chief financial officer
of the Company and (ii) each of Messrs. Michael Barr, Howard
Glickberg, Stephen Key, Robert Magnus, Charles Santoro and Farid
Suleman, the Company's current directors, will cease to be
directors of the Company.

A copy of the Plan of Reorganization (as amended) is available at
https://is.gd/4wwNum

A copy of the Confirmation Order is available at
https://is.gd/1MOGFC

The Debtors are represented by Ray C. Schrock, P.C., Esq., Matthew
S. Barr, Esq., and Sunny Singh, Esq., at Weil, Gotshal & Manges
LLP, in New York.

                          About Fairway

Headquartered in New York, Fairway Group Holdings Corp. is a food
retailer offering customers a differentiated one-stop shopping
experience "Like No Other Market".  Fairway claims to have
established itself as a leading food retailing destination in the
Greater New York City metropolitan area, with stores that
emphasize

an extensive selection of fresh, natural and organic products,
prepared foods and hard-to-find specialty and gourmet offerings,
along with a full assortment of conventional groceries.

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

of New York City), New Jersey and Connecticut.  

Fairway Group, et al., filed Chapter 11 bankruptcy petitions
(Bankr. S.D.N.Y. Proposed Lead Case No. 16-11241) on May 2, 2016.

The petitions were signed by Edward C. Arditte as co-president and
chief financial officer.

The Debtors have engaged Weil, Gotshal & Manges LLP as counsel,
Norton Rose Fulbright US LLP as special corporate counsel, Curtis,

Mallet-Prevost, Colt & Mosle LLP as conflicts counsel, Alvarez &
Marsal as financial advisor and Prime Clerk LLC as claims and
noticing agent.


FERRO CORP: Moody's Retains 'Ba3' Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service lowered Ferro Corporation's Speculative
Grade Liquidity (SGL) Rating to SGL-3 from SGL-2 due to increased
reliance on its revolving facility to support its acquisitive
growth strategy, partial pay down of its term loan, and potential
increase in precious metals leases in a rising price environment.
The company's existing ratings, including the Ba3 Corporate Family
Rating, Ba3-PD Probability of Default Rating, and Ba3 rating on its
term loan and revolver are unchanged.  The outlook remains stable.

Issuer: Ferro Corporation

  Speculative Grade Liquidity Rating, Lowered to SGL-3 from SGL-2

                         RATINGS RATIONALE

Ferro's Ba3 CFR reflects the company's strong core business, good
interest coverage, improved EBITDA margins, and solid cash flow
metrics resulting from its restructuring programs and accretive
acquisitions.  Factors supporting the Ba3 rating include the
mid-2014 favorable debt refinancing and related long-term interest
expense savings, reduced usage of precious metals lease lines, as
well as successful cost reduction efforts through both business
realignment and improving efficiencies in operations and corporate
functions.  Moody's expectation for continued success in
integrating acquired businesses and implementing efficiency
initiatives are also factored into the rating.

Strategic divestitures, largely completed by 2015, have reduced
Ferro's business size and diversity, but the remaining core
businesses provide higher margins and better earnings stability.
Additionally, Ferro's strategy of growth through small-to-medium
sized acquisitions and joint ventures is being executed with
reasonable transaction multiples, accretive deals, although funding
has been a significant use of the revolver, which has tightened
external liquidity.  Current leverage of 4.3x Debt/EBITDA is high
for the rating, but does not include pro forma EBITDA from
businesses acquired over the past year, which Moody's estimates
will bring leverage closer to 3.5x by year end 2016. While Ferro is
the market leader in a fragmented global market segment it is
growing at roughly GDP and because of its relatively small size and
margins in the low-teens, Moody's expects Ferro to achieve strong
credit metrics for the rating category that include 3.5x
Debt/EBITDA and over 15% Retained Cash Flow/Debt (RCF/Debt). (All
ratios include Moody's Standard Adjustments.).

Ferro faces heightened event risk following a May 2016 Board of
Directors announcement that it is exploring possible strategic
alternatives.  Earlier in 2016, the company received pressure from
FrontFour Capital Group LLC urging it to pursue strategic options
in order to unlock shareholder value.  While the possibility of an
acquisition is uncertain, a potential sale of the company would
likely trigger a change of control and Ferro's revolver and term
loan would be repaid.

Ferro's Speculative Grade Liquidity of SGL-3 reflects an adequate
liquidity profile supported by positive cash generation and a cash
balance of $56 million as of March 31, 2016, some of which resides
overseas.  The company has generated over $60 million in retained
cash flow for the LTM ending March 31, 2016 and has realized
roughly $20 million in free cash flow over the same period.
However, Ferro's financial flexibility has decreased following a
meaningful use of its revolver to support recent acquisitions and
to repay term debt.

Ferro's secondary liquidity is provided by a $300 million revolver
that had borrowings of roughly $248 million as of March 31, 2016,
with $48 million of availability remaining.  The revolver was drawn
to partially fund acquisitions of Nubiola and Al Salomi in the
third and fourth quarters of 2015, pay down $50 million of term
loan, as well as fund some share repurchases under its 10b5-1
program.  Moody's expects Ferro to use cash generated over 2016 to
reduce revolver borrowings by $20 -- $30 million.  The five-year
revolver is due in July 2019; Ferro can request an increase of $100
million under the facility.  Additionally, Ferro enters into short
term leases for precious metals of 30-90 days; Moody's views these
lease programs as reducing the company's liquidity, similar to
accounts receivable programs, especially given their short term
nature.  As of March 31, 2016, these leases amounted to
$23.5 million down from $30 million in 2015.

Ferro has no near-term maturities and no other material debt. Ferro
prepaid $50 million of its $300 million seven-year term loan B in
January 2015, thus has $245.5 million in principal remaining on the
term loan.  The term loan due in July 2021 amortizes at a rate of
1%, payable quarterly.  The company has a $22 million EBITDA
cushion on the revolving credit facilities max leverage ratio of
3.75x (3.23x test at the end of the first quarter 2016) and a
sizable cushion on its interest coverage test ratio of 3.0x.
Moody's' anticipates that Ferro will remain comfortably in
compliance with its covenants through 2016.

Uses of cash are anticipated in the form of capital expenditures
estimated to be $30-40 million in 2016 and an additional $6 million
in pension contributions for the fiscal year 2016.  The company
does not distribute dividends.  Ferro management has stated that it
will continue to seek small- to medium-sized acquisitions or
joint-venture investment opportunities and has indicated that it
would spend an average of $100 million annually on such growth
opportunities.  However, given the limited availability under the
revolver management has limited ability to pursue further
acquisitions, especially as it generates most of its free cash flow
in the second half of the 2016.  Thus, Moody's does not expect
acquisitions much above $10 or $20 million in 2016
  - unless funded by incremental debt.

Ferro's outlook is stable as a result of the expected improvement
in financial performance in 2016, which is offset by higher event
risk and tighter liquidity.  The outlook incorporates the
additional earnings from recent acquisitions that will support
EBITDA gains over 2016 as well as the temporarily tighter liquidity
resulting from the revolver borrowings used to support those
transactions.  There is limited upside to the rating at this time
because of Ferro's size, elevated event risk, and need to integrate
recent acquisitions.  However, if revenues expand, Debt/EBITDA
falls sustainably below 3.0x, EBITDA margins reach the mid-teens,
and if 20% RCF/Debt is sustainably realized, Moody's would
contemplate a higher rating.  Conversely, Moody's expects the
credit metrics to be strong for the rating category, such that the
rating could come under pressure if Ferro does not approach
Debt/EBITDA of 3.5x and RCF/Debt over 15% in 2016.  Additionally,
Moody's could contemplate negative rating actions if a sizable
acquisition or other unanticipated event were to increase leverage
over 4.0x.

Corporate Profile

Ferro Corporation headquartered in Cleveland, Ohio, is a global
producer of specialty materials including glass-based coatings,
enamels, pigments, and polishing materials for use in industries
ranging from construction to automotive to telecommunications.
Ferro operates through three business segments; Performance
Coatings, Performance Colors and Glass, and Pigments, Powders and
Oxides which contribute 50%, 35%, and 15% to revenues,
respectively.  Revenues were $1.1 billion for the LTM ended March
31, 2016.

The principal methodology used in this rating/analysis was Global
Chemical Industry Rating Methodology published in December 2013.


FM KELLY CONSTRUCTION: Taps McBreen & Kopko as Bankruptcy Counsel
-----------------------------------------------------------------
FM Kelly Construction Group, Inc., filed with the U.S. Bankruptcy
Court for the Eastern District of New York an amended application
to employ the law firm of McBreen & Kopko nunc pro tunc to May 12,
2015, to represent the Debtor in its Chapter 11 case.

The Firm will:

     (a) give the Debtor guidance with respect to its power and
         responsibility as a debtor-in-possession in the continued

         management of their property;

     (b) attend creditors' meetings and Section 341 hearings;

     (c) negotiate with creditors of the Debtor in formulating a
         plan of reorganization and to take the necessary legal
         steps in order to institute plans of reorganization;

     (d) aid the Debtor in the preparation and drafting of
         disclosure statement;

     (e) prepare on behalf of the Debtor, all necessary petitions,

         reports, applications, orders and other legal papers;

     (f) assist the Debtor with the collection of outstanding
         receivables;

     (g) appear before the U.S. Bankruptcy Court and to represent
         the Debtor in all matters pending before the Court; and

     (h) perform all legal services which may be necessary and
         appropriate.

The Firm will be paid at these hourly rates:

         Partners                   $325-$400
         Associates                 $250-$275
         Paralegals                    $125

Prior to the Filing Date, the Firm received a retainer in the
aggregate amount of $18,833 from the Debtor's funds.  This retainer
will not be replenished by the Debtor during the pendency of this
case.

Kenneth A. Reynolds, Esq., a partner at the Firm, assures the Court
that the Firm represents no interest adverse to the Debtor or its
estate in the matters upon which the Firm is to be engaged, and the
Firm is a disinterested person as such term is
defined in 11 U.S.C. Section 101(31).

The Firm can be reached at:

     Kenneth A. Reynolds, Esq.
     McBREEN & KOPKO
     500 N. Broadway, Suite 129
     Jericho, New York 11753
     Tel: (516) 364-1095
     Fax: (516) 364-0612
     E-mail: kreynolds@mklawnyc.com

                       About FM Kelly Construction

FM Kelly Construction Group, Inc., a New York based company filed
for Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Case No.
16-72143) on May 12, 2016.  The petition was signed by Joseph
Barbera, chief financial officer.

Judge Robert E. Grossman presides over the case.

The Debtor estimated assets of $50,000 to $100,000 and estimated
liabilities of $1 million to $10 million.


GIANNI'S ITALIAN: Taps Joel A. Schechter as Bankruptcy Counsel
--------------------------------------------------------------
Gianni's Italian Restaurant & Cafe, Inc., seeks permission from the
U.S. Bankruptcy Court for the Northern District of Illinois to
employ Joel A. Schechter of the Law Offices of Joel A. Schechter,
as counsel.

The Firm will:

     (a) give Debtor and Debtor-in-Possession legal advice with
         respect to its powers and duties as debtor-in-possession
         in the continued operation of its business;

     (b) prepare on behalf of the Debtor and debtor-in-possession
         necessary motions, answers, orders, reports and other
         legal papers necessary and appurtenant to these
         proceedings; and

     (c) perform all other legal services for the Debtor and
         Debtor-in-Possession which may be necessary in this
         proceeding.

The Debtor wants to employ the Firm under a general retainer
because of the extensive legal services required.  On various
occasions, the Debtor met with the Firm and a retention agreement
was executed which provided for a retainer to be paid in the
amount of $15,000, plus the filing fee in the amount of $1,717.

Joel A. Schechter, Esq., an attorney at the Firm, assures the Court
that the firm represents no interest adverse to the Debtor, as
debtor-in-possession, or the estate in the matters upon which the
Firm is to be engaged, and that the Firm had no connection with the
Debtor, its creditors, attorneys or accountants, or any other
parties in interest or their respective attorneys or accountants
within the meaning of Rule 2014 of the Federal Rules of Bankruptcy
Procedure, except that Mr. Schechter previously served as Chapter 7
Trustee in certain cases.

The Firm can be reached at:

     Joel A. Schechter, Esq.
     Law Offices of Joel A. Schechter
     53 W. Jackson Boulevard, Suite 1522
     Chicago, IL 60604
     Tel: (312) 332-0267
     E-mail: joelschechter@covad.net

Gianni's Italian Restaurant & Cafe, Inc., filed for Chapter 11
bankruptcy protection (Bankr. N.D. Ill. Case No. 16-15094) on May
3, 2016.  Joel A Schechter, Esq., at the Law Offices of Joel
Schechter serves as the Debtor's bankruptcy counsel.


GINGER OIL: Plan Disclosures Amended to Revise DIP Financing Terms
------------------------------------------------------------------
Ginger Oil Company filed with the U.S. Bankruptcy Court for the
Southern District of Texas, Houston Division, a second amended
disclosure statement to, among other things, revise the terms of
the DIP financing to be provided by Ginger Oil AB.

Ginger Oil, which is the parent corporation of the Debtor,
committed to provide $500,000 in debtor-in-possession financing, at
8% per annum.  The previously filed Disclosure Statement stated
that the Debtor will incur 5% interest per annum for the DIP
Financing.

A full-text copy of the Second Amended Disclosure Statement is
available at http://bankrupt.com/misc/txsb16-30678-68.pdf

                        About Ginger Oil

Ginger Oil Company, engaged in the business of oil and gas
exploration and development in Arkansas, Louisiana and Texas,
filed
a Chapter 11 bankruptcy petition (Bankr. S.D. Tex. Case No.
16-30678) on Feb. 4, 2016.  The Debtor disclosed total assets of
$29.27 million and total debts of $6.47 million.  The petition was
signed by William D. Neville as president/director.

Judge Marvin Isgur handles the case.  Cooper & Scully, PC, serves
as counsel to the Debtor.  

Proofs of claim are due by June 6, 2016.  For governmental units,
the bar date is Aug. 2, 2016.

U.S. Trustee Judy A. Robbins said Jan 14, 2016, that she has been
unable to appoint an official creditors committee.


GLOBAL RENAISSANCE: Taps H&H to Provide Tax Relief Services
-----------------------------------------------------------
Global Renaissance Academy of Distinguished Education, Inc., asks
for authorization from the U.S. Bankruptcy Court for the District
of Arizona to employ Richard Pew of H&H Tax Relief, for the purpose
of providing tax relief services, including negotiation of an Offer
in Compromise with the Internal Revenue Service for the Debtor.

The Debtor needs the assistance of a tax practitioner to negotiate
the resolution of Debtor's tax liability to the IRS.  Specifically,
the Debtor disputes Proof of Claim No. 2 filed by the IRS.
Although Debtor could proceed with objecting to the proof of claim,
the Debtor believes that it could achieve better results in
resolving the disputed tax debt through the Offer in Compromise
process.

The Firm will:

     A. negotiate and advocate on Debtor's behalf with the IRS in
        regards to the Debtor's tax liability; and

     B. submit, negotiate, and consummate an Offer in Compromise
        with the IRS.

The Firm's fee for the services is $8,500, which will need to be
paid as a retainer prior to any work being completed in this matter
and is subject to the Bankruptcy Court's approval.

The Tax Practitioner has a small prepetition claim against the
Debtor for $700 for services rendered 10 prior to the initiation of
this bankruptcy proceeding.  The de minimus prepetition claim is
insufficient to disqualify the Tax Practitioner from employment.

Mr. Pew assures the Court that he is a disinterested person,, as
that term is defined in the Bankruptcy Code, and does not hold or
represent an interest adverse to the estate with respect to the
matter on which he and the Firm are to be employed.

The Firm can be reached at:

     Richard Pew  
     H&H Tax Relief, PLLC
     4135 S Power Road, Suite 133
     Mesa, AZ 85212
     Tel: (480) 593-4868
          (480) 659-6675
     E-mail: richard@hhtaxreiief.com

Global Renaissance Academy Of Distinguished Education (Bankr. D.
Ariz., Case No. 16-02228) sought protection under Chapter 11 of the
Bankruptcy Code on March 8, 2016.  The Debtor is represented by
Pernell W. McGuire, Esq., at Davis Miles McGuire Gardner, PLLC.


GNK LLC: Hires Doreen Baca as Real Estate Broker-Associate
----------------------------------------------------------
GNK, LLC, seeks authorization from the U.S. Bankruptcy Court for
the Northern District of Florida to employ Doreen Baca, an agent at
Century-21 Blue Marlin, as real estate broker-associate.

The Debtor wants to hire Ms. Baca to market and sell the property
owned by the debtor-in-possession located at 5008 US Highway 98,
Santa Rosa Beach, Florida, which is the Debtor's major asset.  A
copy of the proposed listing agreement is available for free at:

          http://bankrupt.com/misc/GNKLLC_41_broker.pdf

Ms. Baca assures the Court that neither she nor any other member of
the Firm has or represents any interest adverse to the Debtor or
its estate or were owed a debt by the Debtor on the date the
petition was filed, and that she has no connection with the Debtor
(other than as a real estate agent for the Debtor), creditors, any
other party in interest, their respective attorneys and
accountants, the U.S. Trustee or any person employed in the office
of the U.S. Trustee.

Headquartered in Phenix City, Alabama, GNK, LLC, filed for Chapter
11 bankruptcy protection (Bankr. N.D. Fla. Case No. 15-31102) on
Nov. 5, 2015, listing $1.77 million in total assets and $1.51
million in total liabilities.  The petition was signed by Kenneth
L. Funderburk, managing member.

Judge Jerry C. Oldshue, Jr., presides over the case.

J. Steven Ford, Esq., at Wilson, Harrell, Farrington, Ford, et al.,
serves as the Debtor's bankruptcy counsel.


GREAT AMERICAN VENDING: Taps Giambalvo Stalzer as Accountant
------------------------------------------------------------
The Great American Vending Machine Company, Inc., asks for
authorization from the U.S. Bankruptcy Court for the Eastern
District of New York to employ Giambalvo, Stalzer & Company, CPA's,
PC, as accountant.

The Debtor requires the services of Giambalvo Stalzer to assist it
in fulfilling its obligation to submit periodic reports to this
Court.  The Debtor also requires Giambalvo Stalzer to assist it in
preparing the necessary tax returns required by the state and
federal governments.

Giambalvo Stalzer will provide these services:

     (a) monitoring the operations of the Debtor;

     (b) assisting in the preparation of and reviewing the
         operating reports, budgets and projections;

     (c) reviewing the filed claims for reasonableness against the

         Debtor's records and filing schedules;

     (d) interacting with and serving as a buffer for the Debtor
         with the Committee, should one be formed, and its
         retained professionals;

     (e) as required, attending meetings with the Debtor and its
         counsel, meetings with the Creditors and Court hearings;

     (f) assisting in the preparation of the Plan of
         Reorganization and the Disclosure Statement; and

     (g) other assistance as the Debtor and its counsel may deem
         necessary.

Giambalvo Stalzer will be paid at these hourly rates:

         Principal                                  $350
         Director/Senior Manager                    $275
         Manager                                    $250
         Senior                                     $175
         Staff Accountant                           $135
         Staff Assistants/Paraprofessionals         $120

Robert Giambalvo, President of the firm, assures the Court that the
firm is fully qualified to do the accounting, and does not hold or
represent an interest adverse to the estate and is a "disinterested
party" with respect to the Debtor and the estate within the meaning
of U.S.C. 101(14) and Section 327 of the Bankruptcy Code.

Giambalvo Stalzer can be reached at:

     Robert Giambalvo
     Giambalvo, Stalzer & Company, CPA, PC
     3500 Sunrise Highway, Suite 100, Building 200
     Great River, NY 11739
     Tel: (631) 321-8000 ext. 208
     E-mail: robg@gsco-cpas.com

The Debtor's counsel can be reached at:

     Anthony F. Giuliano, Esq.
     PRYOR & MANDELUP, L.L.P.
     675 Old Country Road
     Westbury, NY 11590
     Tel: (516) 997-0999
     E-mail: afg@pryormandelup.com

The Great American Vending Machine Company, Inc., is a New York
corporation, with its principal place of business located at 206
Wind Watch Drive, Hauppauge, New York 11788.  It owns and operates
a bulk vending machine company selling gum and novelty toys through
the use of coin operated vending machines and buying and selling
bulk vending machines primarily in New York but also in other
states including New Jersey, Connecticut, Massachusetts,
Pennsylvania and Delaware.  

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 16-71519) on April 7, 2016.  The Debtor is
represented by Anthony F. Giuliano, Esq., at Pryor & Mandelup.


GREEN ENERGY: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Green Energy Products, LLC
        250 East Industrial
        Sedgwick, KS 67135

Case No.: 16-21278

Chapter 11 Petition Date: July 5, 2016

Court: United States Bankruptcy Court
       District of Kansas (Kansas City)

Judge: Hon. Dale L. Somers

Debtor's Counsel: Jeffrey A. Deines
                  LENTZ CLARK DEINES PA
                  9260 Glenwood
                  Overland Park, KS 66212
                  Tel: (913) 648-0600
                  Fax: (913) 648-0664
                  E-mail: jdeines@lcdlaw.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Richard Belt, shareholder.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Arkalon Ethanol, LLC                                    $748,592
8664 Road P.
Liberal, KS 67901

Atmos Energy                                             $29,254
Marketing LLC

Barton Solvents Inc.                                     $21,946

Berkley Assigned                                         $17,005
Risk Services

Cecil L. O'Brate                                        $176,152
1604 Campus Dr.
Garden City, KS 67846

Conestoga Logistics, LLC                                 $25,068

Deacom, Inc.                                             $56,239

Dore Electric. Inc.                    Lien             $148,000
3636 N. Topeka
Wichita, KS 67219

East Kansas Agri-Energy LLC                             $297,182

Eco-Engineers LLC                                        $14,450

ERI Solutions Inc.                                       $12,338

F & H Insulation, Inc.                                   $80,021

Maclasky Oilfield                                        $23,988
Services, In

Novozymes, NA, Inc.                                      $12,845

PAC, LP                                                  $27,304

Plant Maintenance                                       $101,817
Services LLC

Praxair, Inc.                                           $101,180

Shimadzu Scientific                                      $26,304
Instrument

Trindle Construction Inc.                                $12,499

Westar                                                   $14,939


HF RESOURCES: Hires Robert H. Cooper as Bankruptcy Counsel
----------------------------------------------------------
HF Resources, LLC, seeks authorization from the U.S. Bankruptcy
Court for the District of South Carolina to employ Robert H.
Cooper, Esq. of The Cooper Law firm as bankruptcy counsel.

The Firm will provide these services:

     A. providing the Debtor-in-Possession with legal advice with
        respect to its powers and duties as Debtor-in-Possession
        in the continued management and control of its assets, and

        its responsibilities regarding its liabilities to its
        creditors;

     B. providing legal advice to the Debtor-in-Possession
        regarding its responsibility to provide insurance and bank

        account information, to file monthly operating reports
        with this Court, to pay quarterly fees to the U.S.
        Trustee's Office, to seek and receive through their
        attorney consent of this Court to incur debt or sell
        property, to file a Plan of Reorganization and Disclosure
        Statement within 180 days of filing of the petition, and
        to file a Final Report, Accounting and Request for Final
        Decree as soon after Confirmation of the Plan as is
        feasible, but no later than i20 days after Confirmation of

        the Plan; and

     C. preparing the Petition, Schedules, Statement of Financial
        Affairs, Plan of Reorganization, Disclosure Statement,
        Final Report, Final Accounting, Final Decree, as well as
        any other necessary applications, answers, orders,
        reports, or legal documents relative to the Chapter 11
        case.

The Firm will be paid at these hourly rates:

        Robert H. Cooper, Esq.       $295
        Associate Lawyer             $195
        Paralegals                    $95

The Debtor has paid to the firm $0 as agreed upon retainer for
post-petition fees, and $1,717 court costs.  All fees will be held
in escrow by The Cooper Law Firm until the time as fees are
approved by this Court, and the Disclosure of Attorney Compensation
required by FRBP 2016 will be amended, when necessary, to disclose
fees as those are paid.

Mr. Cooper assures the Court that neither he nor any member of the
Firm has any connection with the Debtor, the Debtors' creditors,
any other party in interest, their respective attorneys and
accountants, the U.S. Trustee or any person employed in the Office
of the U.S. Trustee.

HF Resources, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. D.S.C. Case No. 16-02658) on May 28, 2016.  Robert H.
Cooper, Esq., at The Cooper Law Firm serves as the Debtor's
bankruptcy counsel.

The Firm can be reached at:

     Robert H. Cooper, Esq.
     THE COOPER LAW FIRM
     150 Milestone Way, Suite B
     Greenville, SC 29615
     Tel: (864) 271-9911
     Fax: (864) 232-5236
     Website: http://www.thecooperlawfirm.com/


HIDDEN VALLEY APARTMENTS: Amended Disclosure Statement Filed
------------------------------------------------------------
Hidden Valley Apartments and Avondale Park Apartments filed with
the U.S. Bankruptcy Court for the Middle District of Tennessee,
Nashville Division, an amended second plan of reorganization and
accompanying disclosure statement to, among other things, include
additional details about their bankruptcy proceedings to provide
adequate information that would enable creditors to make an
informed judgment in voting to accept or reject the plan.

The Debtors have no unsecured claims.  The Class 3 Secured Claim of
Satilla Acquisition will be allowed in the amount of $4.171
million.

A full-text copy of the Amended Disclosure Statement is available
at http://bankrupt.com/misc/tnmb15-03468-264.pdf

                       About Avondale Park

Avondale Park Apartments and Hidden Valley Apartments sought
protection under Chapter 11 of the Bankruptcy Code in the Middle
District of Tennessee (Case Nos. 15-3468 and 15-3469) on May 20,
2015.  The petition was signed by Elaina V. Johnson, managing
general partner.

On September 9, 2015, the court ordered the joint administration of
the cases under Case No. 15-3468.  The cases are assigned to Judge
Marian F. Harrison.

Avondale Park disclosed total assets of $3.92 million and total
debts of $2.82 million.  Hidden Valley disclosed total assets of
$2.58 million and total debts of $1.42 million.


HORSEHEAD HOLDINGS: Creditors, Shareholders Spar Over Valuation
---------------------------------------------------------------
Len Boselovic, writing for Pittsburgh Post-Gazette, reported that
shareholders of Horsehead Holding, who stand to recover nothing
under a creditor-proposed reorganization plan, say the bankrupt
zinc producer's assets are worth about $500 million more than the
creditors say they are.

According to the report, if their estimate is accurate, they would
be able to recoup part of their investment -- something that does
not happen in most bankruptcies.

A court-appointed committee representing shareholders alleges that
the creditor group leading the reorganization of Robinson-based
Horsehead is deliberately underestimating the value of the company
in order to take control at a bargain price, the report related.
Since the Petition Date, the creditor group leading the
reorganization said the company's value has deteriorated to between
$255 million to $305 million, the report further related.  Under
their plan, they would exchange their debt for controlling interest
in the stock of the reorganized company, the report noted.
Existing Horsehead shareholders would get nothing, the report
said.

In a court filing, the shareholder group valued the company at $770
million to $850 million, the report related.  The valuation is
based on the shareholder committee's talks with potential buyers
and reflects the fact that zinc prices have rebounded in recent
months, the report said.

The shareholder group wants U.S. Bankruptcy Court Judge Christopher
Sontchi, who is overseeing the reorganization, to order the
creditor group to put Horsehead's assets up for sale to determine
what interested parties would pay, the report further related.

If the creditor group refuses to do that, shareholders want the
judge to allow them to file a reorganization plan of their own, the
report added.

                    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.


HORSHAM VALLEY GOLF: Case Summary & Unsecured Creditor
------------------------------------------------------
Debtor: Horsham Valley Golf Club
        500 Babylon Road
        Ambler, PA 19002

Case No.: 16-14764

Chapter 11 Petition Date: July 5, 2016

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Eric L. Frank

Debtor's Counsel: David B. Smith, Esq.
                  SMITH KANE HOLMAN, LLC
                  112 Moores Road, Suite 300
                  Malvern, PA 19355
                  Tel: (610) 407-7217
                  Fax: (610) 407-7218
                  E-mail: dsmith@smithkanelaw.com
                          dsmith@skhlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Harry C. Barbin, III, partner.

The Debtor listed HRC LLC as its largest unsecured creditor holding
an unknown amount of claim.

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

             http://bankrupt.com/misc/paeb16-14764.pdf


HOSTESS BRANDS: To Sell Majority Stake for $725-Mil.
----------------------------------------------------
Michael J. de la Merced, writing for The New York Times' DealBook,
reported that Twinkies and Ho Hos are poised to find a new
corporate home -- and a listing on public stock markets after the
owners of Hostess Brands announced they had agreed to sell a
majority stake in the company to a publicly traded affiliate of the
Gores Group, an investment firm, for about $725 million.

According to the report, the transaction will be the second in
which Hostess -- a company born in 1919 with the Hostess CupCake
and made famous with the seemingly indestructible Twinkie -- has
traded hands since emerging from bankruptcy protection three years
ago.

It also raises the stakes for Hostess, joining the public markets
at a time when more consumers are shunning sweets in favor of more
nutritious treats, the report related.

Since 2013, Hostess has been under the ownership of the investment
firm Apollo Global Management and Metropoulos & Company, which
previously owned the maker of Pabst Blue Ribbon beer and
specializes in reviving consumer brands, the report further
related.

The Gores Group, a private equity firm based in Los Angeles, is
known for deals in an array of industries, the report said.  In
this case, the purchaser is Gores Holdings, a publicly traded arm
of the Gores Group known as a blank-check company, having raised
$375 million in an initial public offering last year to finance
acquisitions, the report added.

Under the terms of the deal, Gores Holdings will pay out not only
most of the $375 million that it raised in its I.P.O. last year,
but also an additional $350 million that it raised from other
investors, the report related.  That includes $50 million of the
additional capital that will essentially come from Metropoulos's
rolling over some of its existing holdings in Hostess, the report
further related.

                       About Hostess Brands

Founded in 1930, Irving, Texas-based Hostess Brands Inc., is known
for iconic brands such as Butternut, Ding Dongs, Dolly Madison,
Drake's, Home Pride, Ho Hos, Hostess, Merita, Nature's Pride,
Twinkies and Wonder.  Hostess has 36 bakeries, 565 distribution
centers and 570 outlets in 49 states.

Hostess filed for Chapter 11 bankruptcy protection early morning
on Jan. 11, 2011 (Bankr. S.D.N.Y. Case Nos. 12-22051 through
12-22056) in White Plains, New York.  Hostess Brands disclosed
assets of $982 million and liabilities of $1.43 billion as of the
Chapter 11 filing.

The bankruptcy filing was made two years after predecessors
Interstate Bakeries Corp. and its affiliates emerged from
bankruptcy (Bankr. W.D. Mo. Case No. 04-45814).

In the new Chapter 11 case, Hostess has hired Jones Day as
bankruptcy counsel; Stinson Morrison Hecker LLP as general
corporate counsel and conflicts counsel; Perella Weinberg Partners
LP as investment bankers, FTI Consulting, Inc. to provide an
interim treasurer and additional personnel for the Debtors, and
Kurtzman Carson Consultants LLC as administrative agent.

Matthew Feldman, Esq., at Willkie Farr & Gallagher, and Harry
Wilson, the head of turnaround and restructuring firm MAEVA
Advisors, are representing the Teamsters union.

Attorneys for The Bakery, Confectionery, Tobacco Workers and Grain
Millers International Union and Bakery & Confectionery Union &
Industry International Pension Fund are Jeffrey R. Freund, Esq.,
at Bredhoff & Kaiser, P.L.L.C.; and Ancela R. Nastasi, Esq., David
A. Rosenzweig, Esq., and Camisha L. Simmons, Esq., at Fulbright &
Jaworski L.L.P.

The official committee of unsecured creditors selected New York
law firm Kramer Levin Naftalis & Frankel LLP as its counsel. Tom
Mayer and Ken Eckstein head the legal team for the committee.

Hostess Brands in mid-November 2012 opted to pursue the orderly
wind down of its business and sale of its assets after the Bakery,
Confectionery, Tobacco and Grain Millers Union (BCTGM) commenced a
nationwide strike.  The Debtor failed to reach an agreement with
BCTGM on contract changes.

Hostess Brands sold its businesses and most of the plants to five
different buyers for an aggregate of $860 million.  Hostess still
has some plants, depots and other facilities the buyers didn't
acquire.

The bankruptcy estate has changed its name to Old HB Inc.


INTELLIGRATED INC: S&P Puts 'B' CCR on CreditWatch Positive
-----------------------------------------------------------
S&P Global Ratings said that it has placed its 'B' corporate credit
rating on Intelligrated Inc. on CreditWatch with positive
implications.  S&P did not place its issue-level ratings on the
company's debt on CreditWatch because S&P expects that the lenders
will be paid in full due to the change-of-control provisions in
their credit agreements.

"The CreditWatch positive placement follows Ohio-based
Intelligrated Inc.'s announcement that it has agreed to be acquired
by N.J.-based Honeywell International Inc. for approximately $1.5
billion in cash," said S&P Global credit analyst Steven Mcdonald.
Under the proposed transaction, which S&P expects will close by the
end of the third quarter, Intelligrated will become part of
financially stronger Honeywell International's Automation and
Control Solutions segment.  S&P expects that all of Intelligrated's
outstanding rated debt instruments will be redeemed as part of the
transaction.  The transaction is subject to customary closing
conditions, including regulatory approval.

S&P will resolve the CreditWatch placement when the transaction
closes.  S&P expects to withdraw its issue-level ratings on the
company at that stage.  Additionally, S&P will likely raise its
ratings on Intelligrated Inc. to reflect that its credit quality
will be aligned with Honeywell International's.



INTERPARK INVESTORS: Taps Hinshaw as Real Estate Counsel
--------------------------------------------------------
Interpark Investors, LLC, seeks permission from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ Kenneth H.
Denberg, Esq., and the law firm of Hinshaw & Culbertson LLP as real
estate and transactional counsel.

The Firm will act as the Debtor's real estate and transactional
counsel in connection with its efforts to sell certain parcels of
real property and related improvements located at 8601-8623 West
Bryn Mawr Avenue and 8600-8622 West Catalpa Avenue, Chicago,
Illinois.

     William Connelly, Esq.     $400
     Anthony Jacob, Esq.        $400
     Comic Mayer, Esq.          $245
     Bruce Vanyek, Paralegal    $140

Kenneth H. Denberg, Esq., an attorney at the Firm, assures the
Court that the Firm is a disinterested person within the scope of
11 U.S.C. Section 101(14) and as required by 11 U.S.C. Section
327(a).

The Firm can be reached at:

     Kenneth H. Denberg, Esq.
     222 North LaSalle Street
     Suite 300
     Chicago, IL 60601-1081
     Tel: (312) 704-3000
     Fax: (312) 704-3001
     E-mail: kdenberg@hinshawlaw.com
     Website: www.hinshawlaw.com

                    About Interpark Investors

Interpark Investors, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill., Case No. 16-04404) on Feb. 12,
2016.  The case is assigned to Judge Carol A. Doyle.  The Debtor's
counsel is Peter J. Roberts, Esq., at Shaw Fishman Glantz & Towbin
LLC, in Chicago, Illinois.  The petition was signed by John J.
Fitzmaurice, manager of Interpark Manager, LLC, the Debtor's
manager.

Interpark Investors, LLC, is an Illinois limited liability company
that owns and operates two real estate parcels commonly known as
(i) 8601-8623 West Bryn Mawr Avenue, Chicago, IL, and (ii)
8600-8622 West Catalpa Avenue, Chicago, IL.

Though the Company acquired the Properties as a single Class B
multitenant office development consisting of 12 single-story
buildings and known as Interpark Corporate Center, the Company has
since divided the two Properties into two separate projects.

The Company continues to operate the Catalpa Property, which is the
southern parcel, as an office park with several commercial tenants.
However, prior to the Petition Date, the Company terminated the
office rental operations at the Bryn Mawr Property, which is the
northern parcel, and slated it for demolition and redevelopment as
a seven-story, 394-unit residential apartment complex with 9,500
square feet of retail space.

Shortly before the Petition Date, the Company engaged CBRE, Inc.,
to sell the Bryn Mawr Property.  The Company intends to use the
proceeds generated from the sale of the Bryn Mawr Property to pay
down secured debt.  The Company intends to retain the Catalpa
Property.

Based on the most recent appraisal conducted on the Properties,
plus recent broker opinions of value, the Debtor asserts that the
collective value of the Properties exceeds $23 million. CBRE has
estimated that the value of the Bryn Mawr Property alone exceeds
$17 million.


JB POINDEXTER: Moody's Affirms B1 CFR, Outlook Stable
-----------------------------------------------------
Moody's Investors Service affirmed J.B. Poindexter & Co., Inc.'s
Corporate Family and Probability of Default ratings at B1 and
B1-PD, respectively.  Concurrently, Moody's affirmed the B2 to the
company's $225 million senior unsecured notes.  The SLG-2
Speculative Grade Liquidity Rating was withdrawn as J.B. Poindexter
does not publicly report financial statements.  The rating outlook
is stable.

These ratings were affirmed:

  B1, Corporate Family Rating;
  B1-PD, Probability of Default Rating;
  B2 (LGD4) on the $225 million senior unsecured notes due 2022.

The rating outlook remains stable.

This rating was withdrawn:

  SGL-2, Speculative Grade Liquidity Rating.

                         RATINGS RATIONALE

J.B. Poindexter's B1 Corporate Family Rating reflects its moderate
size, high customer concentrations, exposure to cyclical
transportation and energy end markets, the lumpiness of fleet truck
orders, and ongoing risks associated with the company's acquisitive
financial philosophy.  Although credit metrics have softened, the
company's debt to EBITDA, in the mid-3 times, is expected to remain
supportive of the assigned rating.  Recent contract wins are
helping to offset continued weakness in the company's energy
related markets and operational difficulties in the Special Vehicle
Group (SVG) segment.  The October 2015 Reading Truck Body
acquisition has helped offset start-up costs related to new
business in the Morgan Olsen segment.  The rating is supported
additionally by J.B. Poindexter's national footprint and strong
market positions.

The stable outlook reflects our expectations for J.B. Poindexter to
maintain its credit metrics while the company integrates the recent
acquisition of Reading Truck Body.

J.B. Poindexter is anticipated to have an adequate liquidity
profile over the near-term supported by cash balances and modest
free cash flow generation.  As of March 31, 2016, the company had
$28.8 million of cash.  Moody's expects positive free cash flow in
2016 to be in the low-mid single digits (as a percentage of debt)
supported by the recent acquisition and somewhat offset by cash
needs to support new business wins.  Weighing on the company's
liquidity profile is the pending Aug. 31, maturity of the
$25 million asset-based revolving credit facility, and we expect
the finalization of an extended or new facility directly.  However,
the company has historically not drawn on its revolver.  Financial
covenants are anticipated to remain unchanged, which include a
minimum fixed charge coverage ratio and a net worth covenant for
which the company was in compliance with on March 31, 2016.
Moody's anticipates that covenant levels will be set with adequate
cushion under the new agreement.

Upward rating momentum is limited at present.  However, Moody's
could upgrade the ratings if the company achieves stronger credit
measures through a combination of permanent debt reduction and
improvements to the business.  Specifically, we would expect
leverage sustained below 3 times, interest coverage above 3 times,
and a good liquidity position.

The ratings could be downgraded if Moody's believes leverage will
be sustained above 4.5 times, interest coverage sustained below 2
times, or if the company experiences a substantial deterioration in
its liquidity position.  Pursuit of a leveraging transaction or
adoption of more aggressive financial policies, including owner
distributions or expectations for sustained negative free cash flow
due to expansionary capital spending, could also have negative
rating implications.

The principal methodology used in these ratings was Global
Automotive Supplier Industry published in June 2016.

J.B. Poindexter & Co., Inc., manufactures commercial truck bodies
for medium-duty trucks, pickup truck caps and tonneau covers, truck
bodies for walk-in step vans, service utility trucks, funeral
coaches and limousines, and provides contract manufacturing
services for precision metal parts and machining and casting
services.  Headquartered in Houston, Texas, the company generated
$1 billion in revenues for the twelve months ended March 31, 2016.
The company is privately held.


JOHN Q. HAMMONS: 4 Affiliates' Voluntary Chapter 11 Case Summary
----------------------------------------------------------------
Affiliates of John Q. Hammons Fall 2006, LLC filing separate
Chapter 11 bankruptcy petitions:

       Debtor                                       Case No.
       ------                                       --------
       City Centre Hotel Corporation                16-21274
       300 John Q Hammons Parkway, Suite 900
       Springfield, MO 65806

       Hammons of Arkansas, LLC                     16-21275

       Hammons of Frisco, LLC                       16-21276

       John Q. Hammons Center, LLC                  16-21277  

Chapter 11 Petition Date: July 5, 2016

Court: United States Bankruptcy Court
       District of Kansas (Kansas City)

Judge: Hon. Robert D. Berger

Debtors' Counsel: Nicholas J Zluticky, Esq.
                  STINSON LEONARD STREET LLP
                  1201 Walnut Ste 2900
                  Kansas City, MO 64106
                  Tel: 816-842-8600
                  Fax: 816-691-3495
                  E-mail: nicholas.zluticky@stinsonleonard.com
                          mark.shaiken@stinson.com

City Centre Hotel's Estimated Assets: $0 to $50,000

City Centre Hotel's Estimated Debts: $0 to $50,000

The petition was signed by Jacqueline A. Dowdy, president.

The Debtors did not include a list of their largest unsecured
creditors when they filed the petitions.


JUN KWOCK TOM: Plan Proposes Full Payment to Unsecureds
-------------------------------------------------------
Jun Kwock Tom and Wai Kuen Tom filed with the U.S. Bankruptcy Court
for the Northern District of California a proposed consensual plan
of reorganization and disclosure statement on June 14, 2016,
proposing full-payment to general unsecured creditors in 120 equal
monthly payments, payable at the federal judgment interest rate of
0.33%.

Payments under the Plan will be funded by the sale of certain
properties, including the property located at 115-117 Sanchez
Street, in San Francisco, California.  Secured creditors Robert
Wagner will be paid $12,000 monthly, while the City and County of
San Francisco will be paid $221.10 a one-time payment.  General
unsecured creditors Chase, which holds s $111.11 claim, and PG&E,
which holds a $447.17 claim, will receive a single payment equal to
100% of the allowed claim, payable at the federal judgment interest
rate of 0.33%.

The Debtors, on June 30, filed another disclosure statement to
provide additional information regarding the Debtors' assets.  A
full-text copy of the Disclosure Statement dated June 30, 2016, is
available at http://bankrupt.com/misc/canb14-30862-244.pdf

A full-text copy of the Disclosure Statement dated June 14, 2016,
is available at http://bankrupt.com/misc/canb14-30862-240.pdf

Jun Kwock Tom and Wai Kuen Tom sought Chapter 11 bankruptcy
protection (Bankr. N.D. Calif. Case No. 14-30862) to enjoin a
pre-petition trustee sale by the senior lienholder on the real
property commonly known as 1819 7th Avenue, Oakland, California,
held by 1819 7th Avenue, LLC, on June 6, 2014.

The Debtors are represented by:

     Matthew D. Metzger
     BELVEDERE LEGAL, PC
     1777 Borel Place, Suite 314
     San Mateo, CA 94402


KLM OPTICAL: Disclosures Approved, Plan Hearing Set for Aug. 17
---------------------------------------------------------------
Judge Robert E. Grossman of the U.S. Bankruptcy Court for the
Eastern District of New York approved the disclosure statement
explaining KLM Optical, Inc., d/b/a Pearle Vision, and scheduled
for August 17, 2016, at 1:30 p.m., the hearing to consider
confirmation of the Second Amended Plan.

All ballots voting in favor of or against the Second Amended Plan
will be submitted so as to be actually received on or before August
10.  Any objections to the Second Amended Plan must be filed on or
before August 10.  Counsel for the Debtor must file a ballot tally
by August 15.

As reported by the Troubled Company Reporter, the Debtor filed a
second amended plan of reorganization and accompanying disclosure
statement offering general unsecured creditors the opportunity to
obtain a distribution of no less than 45.67% of their allowed
claims in monthly installments for a period of 84 months.

The Second Amended Plan will be funded from (i) cash on hand in the
amount of $122,000 to be placed in a confirmation account with
Debtor's counsel, (ii) the proceeds of the Debtor's settlement,
which is currently in the Debtor's counsel's possession, of an
avoidance action with AMEX in the amount of $64,812, which are also
to be placed into a confirmation account with Debtor's counsel, and
(iii) the postpetition operations of the Reorganized Debtor.

A full-text copy of the Second Amended Disclosure Statement dated
June 8, 2016, is available at:

           http://bankrupt.com/misc/nyeb15-72145-101.pdf

KLM Optical, Inc., dba Pearle Vision (Bankr. E.D.N.Y., Case No.
15-72145) filed a Chapter 11 Petition on May 15, 2015.  The Debtor
is a New York corporation conducting business in the field of
optometry and retail optical sales.  The case is assigned to Judge
Robert E. Grossman.

The Debtor's counsel is J. Logan Rappaport, Esq., at Pryor &
Mandelup, L.L.P., in Westbury, New York. The Debtor hired Robert A.
Klein, CPA, P.C., as accountant.  The petition was signed by Wayne
Kelly, president.

The Debtor had $319,046 in assets and $1.83 million in
liabilities.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nyeb15-72145.pdf


LOUISIANA CRANE: Hires Darnall Sikes as Accountant
--------------------------------------------------
Louisiana Crane & Construction, LLC, asks for authorization from
the U.S. Bankruptcy Court for the Western District of Louisiana to
employ and compensate Darnall, Sikes, Gardes & Frederick, A
Corporation of Certified Public Accountants, as accountant.

The Firm performs ongoing services during the pendency of the case
and in particular will be involved in the preparation of tax
returns, fiscal audit and 401k audits.  

The Firm has been listed as a critical vendor and the Debtor seeks
to pay the Firm for prepetition services in the ordinary course of
business.

The Debtor tells the Court it cannot continue to operate its
businesses with sound business practices unless it retains and pays
for the Firm's services.  The operation of the Debtor's businesses
would be hindered if the Debtor was required to submit to the Court
an application, affidavit and proposed retention order for each
ordinary course professional and if each ordinary course
professional was required to apply for approval of its employment
and compensation, and comply with Guidelines for Reviewing
Applications for Compensation and Reimbursement of Expenses Filed
Under U.S. Code by Attorneys in Larger Chapter 11 Cases.  Further,
the Firm is not familiar with the fee application procedures
employed in bankruptcy cases.  The Firm might be unwilling to work
with the Debtor if these requirements were imposed.  The
uninterrupted services of the Firm are vital to the Debtor's
continuing operations and its ultimate ability to reorganize.

The Debtor also contends that the cost of preparing and prosecuting
retention applications and fee applications would be significant
and unnecessary because the costs would ultimately be borne by the
Debtor's estate.  A requirement that the Firm file retention
pleadings and follow the usual fee application process required of
other bankruptcy professionals would burden the Office of the Clerk
of the Court and the U.S. Trustee's office with unnecessary fee
applications.  The Firm proposes a procedure to alleviate the
burden.

The Debtor proposes to file a statement with the Court and to serve
the statement on the U.S. Trustee and any official committee
appointed in this case concerning the services performed by the
Firm and the aggregate amounts paid as compensation for services
rendered and reimbursement of expenses incurred by the the Firm.
Payments to the Firm will be included in the monthly operating
reports.  Although, the Firm holds an unsecured claim against the
Debtor in respect of prepetition services rendered, the Debtor does
not believe the Firm has an interest materially adverse to the
Debtor, its creditors, or other parties in interest, and thus, the
Firm meets the requirements of section 327(e) of the Bankruptcy
Code.

The Firm can be reached at:

     Darnall, Sikes, Gardes & Frederick,
     A Corporation of Certified Public Accountants
     1231 East Laurel Avenue
     Eunice, LA 70533

Headquartered in Eunice, Louisiana, Louisiana Crane & Construction,
L.L.C., fka Louisiana Crane Company, LLC, filed for Chapter 11
bankruptcy protection (Bankr. W.D. La. Case No. 16-50876) on June
27, 2016, estimating its assets at up to $50,000 and its
liabilities at between $10 million and $50 million.  The petition
was signed by Douglas D. Marcantel, chief financial officer.

Judge Robert Summerhays presides over the case.

Michael A. Crawford, Esq., who has an office in Baton Rouge,
Louisiana, and Barry W. Miller, Esq., at Heller, Draper, Patrick,
Horn & Dabney, LLC, serve as the Debtor's bankruptcy counsel.


M&L AUTO: Taps Karen J. Porter as Bankruptcy Counsel
----------------------------------------------------
M&L Auto Services Incorporated asks for authorization from the Hon.
Janet S. Baer of the U.S. Bankruptcy Court for the Northern
District of Illinois to employ Karen J. Porter and the Porter Law
Network as its attorneys.

The Firm will:

     (a) give the Debtor legal advice with respect to its powers
         and duties as debtor-in-possession in the continued
         management of his assets;

     (b) prepare applications, motions, complaints, orders,
         reports, pleadings, plans, disclosure statements or other

         papers on Debtor's behalf that may be necessary in
         connection with this case;

     (c) assist the Debtor in preparing and obtaining the Court's
         approval of a plan of reorganization and disclosure
         statement; in order to preserve the value of the Debtor's
         assets;

     (d) take action as may be necessary with respect to claims
         that may be asserted against the Debtor; and

     (e) perform all other legal services for the Debtor which may

         be required in connection with this case.

The Firm will be paid at these hourly rates:

     Karen J. Porter, Esq.     $425
     Legal Assistants          $150

Ms. Porter assures the Court that neither she nor Porter Law have
any connection with the Debtor's creditors, any other party in
interest or its respective attorneys or accountants, or any party
with the office of the United States Trustee.  To the best of the
Debtor's knowledge, neither Ms. Porter nor the Porter Law represent
any interest that is adverse to this estate in the matters in which
Ms. Porter are to be employed.

The Firm can be reached at:

     Karen J. Porter, Esq.
     PORTER LAW NETWORK
     230 West Monroe, Suite 240
     Chicago, IL 60606
     Tel: (312) 372-4400
     Fax: (312) 372-4160
     E-mail: kporter@porterlawnetwork.com

M&L Auto Services Incorporated is an Illinois corporation engaged
in the automotive business.  It filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 16-15597) on May 6, 2016.
Karen J Porter, Esq., at Porter Law Network serves as the Debtor's
bankruptcy counsel.


MAIN STREET SCHOOLS: Hires Eric A. Liepins as Bankruptcy Counsel
----------------------------------------------------------------
Main Street Schools asks for authorization from the U.S. Bankruptcy
Court for the Eastern District of Texas to employ Eric A. Liepins,
Esq., and the law firm of Eric A. Liepins, P.C., as counsel for the
Debtor.

The Firm will be paid at these hourly rates:

     Eric A. Liepins, Esq.                $275
     Paralegals and Legal Assistants     $30-$50

The Firm has received a retainer of $12,000 plus the filing fee.

Eric Liepins, Esq., sole shareholder of the Firm, assures the Court
that he does not represent any creditors or parties in interest in
this case, their respective attorneys and accountant, the U.S.
Trustee, or any person employed in the office of the U.S. Trustee,
and does not represent any other interest adverse to the
Estate of the Debtor.

The Firm can be reached at:

     Eric Liepins, Esq.
     ERIC A. LIEPINS, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Tel: (972) 991-5591
     Fax: (972) 991-5788

Headquartered in Argyle, Texas, Main Street Schools, LLC, dba
Montessori Country Day School filed for Chapter 11 bankruptcy
protection (Bankr. E.D. Tex. Case No. 16-41222) on July 4, 2016,
listing $758,898 in total assets and $1.29 million in total
liabilities.  The petition was signed by William J. Vesterman, sole
member of general partner.

Judge Brenda T. Rhoades presides over the case.

Eric A. Liepins, Esq., at Eric A. Liepins P.C. serves as the
Debtor's bankruptcy counsel.


MD AMERICA: S&P Lowers CCR to 'SD' on Term Loan Redemption Plans
----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on MD
America Energy LLC to 'SD' (selective default) from 'CCC'.  S&P
also lowered the issue-level rating on the company's term loan to
'D' from 'CCC'.  The recovery rating is '3', indicating S&P's
expectation of meaningful (50% to 70%, high end of the range)
recovery in the event of a default.

"The downgrade reflects MDAE's announcement that it is redeeming
its term loan due 2019 at 94% to par with proceeds from an equity
infusion from its parent company Meidu Energy Corp., said S&P
Global Ratings credit analyst Christine Besset.  "We view the
transaction as distressed because debtholders will receive less
than par, and because we believe that MDAE's leverage was
unsustainable given our expectation of deteriorating cash flow
generation," she added.

S&P expects to reassess the corporate credit rating within the next
few days, once the term loan has been repaid in full.  S&P's
analysis will incorporate the absence of debt of the company, while
still taking into account the small size and scale of its asset
base, the challenging operating environment, and the likelihood of
potential acquisitions and releveraging in the next 12 months.



METROPOLITAN BAPTIST: Plan Filing Period Extended by 90 Days
------------------------------------------------------------
The Hon. S. Martin Teel, Jr., has extended, at the behest of
Metropolitan Baptist Church, the exclusive period for Debtor to
file a plan in this case for an additional 90 days from July 5,
2016.

As reported by the Troubled Company Reporter on June 8, 2016, the
Debtors sought the extension, saying that it has made significant
progress with respect to both the relocation of its religious
activities to permanent facilities and the reorganization of its
debt.  As a result of constructive negotiations with its creditors,
Debtor has formulated the basis of a viable plan of reorganization
beneficial to all interested parties.  However, the Debtor says it
needs additional time to complete this process and for this reason
the Debtor requests that the Court increase the exclusive time for
Debtor to propose a plan in this case by an additional 90 days.

Headquartered in Largo, Maryland, Metropolitan Baptist Church filed
for Chapter 11 bankruptcy protection (Bankr. D.C. Case No.
16-00040) on Feb. 5, 2016, estimating its assets at between $1
million and $10 million and liabilities at between $10 million and
$50 million.  The petition was signed by Harry T. Jones, Jr.,
Chair, Board of Trustees.

Judge Martin S. Teel, Jr., presides over the case.

Wendell W. Webster, Esq., at Webster & Fredrickson, PLLC, serves as
the Debtor's bankruptcy counsel.


MID-SOUTH AUTO AUCTION: Files Full-Payment Chapter 11 Plan
----------------------------------------------------------
Mid-South Auto Auction, Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of Tennessee, Northern Division, an
amended plan of reorganization and accompanying disclosure
statement.

The Debtor owns the property located on Chapman Highway in south
Knoxville, Tennessee.  

The general unsecured creditors will receive payment in full, being
principal plus interest at the rate of 4% per annum upon the sale
of the real property, but in the event the real property does not
sell within 12 months from the Effective Date, all amounts due and
payable to the general unsecured creditors will be immediately due
and payable.

United Community Bank, which holds a secured claim, will receive
monthly payments of $3,000, beginning on the Effective Date and
continuing until the sale of the real property or 12 months from
the Effective Date, whichever is earlier. Upon the sale, UCB will
receive payment in full, including accrued interest and other fees
and charges. If the real property has not been sold at the end of
12 months from the Effective Date, all amounts due and payable to
UCB shall become immediately due and payable.

Knox County, which holds a priority claim, will receive payment in
full upon the sale of the real property, including accrued interest
and other fees and charges, but in the event the real property does
not sell within 12 months from the Effective Date, all amounts due
and payable to Knox County will become immediately due and
payable.

The Debtor receives a monthly rent of $2,500 from the tenant of the
property. The Debtor will continue to manage the property and
collect rents.  Plan funding will come from the rental income of
the Debtor and cash infusions by William Andrew Massie, a
shareholder in the Debtor.

A full-text copy of the Amended Disclosure Statement dated June 14,
2016, is available at http://bankrupt.com/misc/tneb16-31383-32.pdf

                  About Mid-South Auto Auction

Mid-South Auto Auction, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Tenn. Case No. 16-31383) on May 3,
2016.  The Debtor hired Keith Edmiston of Edmiston Foster as its
counsel.

Edmiston Foster can be reached through:

     Keith L. Edmiston
     Edmiston Foster
     P. O. Box 30782
     Knoxville, TN 37930
     Tel: (865) 249-6038


MORRIS SCHNEIDER: Unsecureds to Recoup 2.28% Under Plan
-------------------------------------------------------
Morris | Schneider | Wittstadt Va., PLLC, et al., filed with the
U.S. Bankruptcy Court for the Eastern District of Virginia,
Richmond Division, a modified plan of liquidation and accompanying
disclosure statement.

The Plan, filed June 14, 2016, proposes the following
classification and treatment of claims:

   Class                           Treatment
   -----                           ---------
   Administrative Expenses         Est. Amount: $3,000,000 to
                                   $2,700,000.
                                   Est. Recovery: 100%

   1 - Secured Claims              Unimpaired.
                                   Est. Amount: $155,000.
                                   Est. Recovery: 100%

   2 - Priority Non-Tax Claims     Unimpaired.
                                   Est. Amount: $686,532-$600,000.
                                   Est. Recovery: 100%

   3 - General Unsecured Claims    Impaired.
                                   Est. Amount: $40,000,000-
                                   $18,000,000.
                                   Est. Recovery: 2.28%-15%

   4 - Third Party Provider Claims Impaired.
                                   Est. Amount: $276,181.57-
                                   $339,040.82.
                                   Est. Recovery: 2.28%-15%

   5 - Allowed Subordinated        Impaired.
       Partner Claims              Est. Recovery: 0%

   6 - Interests                   Impaired.
                                   Est. Recovery: 0%

The Debtors filed an amended Disclosure Statement on June 19 to
disclose the motion filed June 16, 2016, by Premier Process for
allowance of a late filed claim.  According to the Debtors, if
allowed as timely filed, the amount of the Third Party Provider
Claims will increase by $62,859, which will alter the amount to be
received by on account of Third Party Provider Claims.

The confirmation hearing is scheduled to begin on August 2, 2016,
at 10:00 a.m. (prevailing Eastern time).  Any objection to
confirmation of the Plan must be filed on or before July 26.

A full-text copy of the Modified Disclosure Statement dated June
14, 2016, is available at
http://bankrupt.com/misc/vaeb15-33370-1042.pdf

A full-text copy of the Modified Disclosure Statement dated June
30, 2016, is available at
http://bankrupt.com/misc/vaeb15-33370-1057.pdf

               About Morris | Schneider | Wittstadt

Morris | Schneider | Wittstadt Va., PLLC, and affiliates filed for
Chapter 11 Protection (Bankr. E.D. Va. Case Nos. 15-33370 to
15-33375 and 15-12323) on July 5, 2015.  The petition was signed
by
Mark H. Wittstadt, Esquire, managing partner.

Jennifer McLain McLemore, Esq., at Christian & Barton, LLP,
represents the Debtors in their restructuring effort.  The Debtor
estimated assets at $1 million to $10 million and debts at $10
million to $50 million.  Three of the Debtors estimated assets and
debt at $0 to $50,000.

The Georgia-based law firm sued its former managing partner in 2014
for allegedly embezzling $30 million from the firm's accounts and
the accounts of the firm's subsidiary, LandCastle Title.


NORTHWEST HARDWOODS: Moody's Lowers CFR to B3, Outlook Stable
-------------------------------------------------------------
Moody's Investors Service downgraded Northwest Hardwoods, Inc.'s
(NWH) Corporate Family Rating to B3 from B2 following performance
below previous expectations and Moody's belief that credit metrics
have become supportive of lower ratings.  In related actions,
Moody's downgraded NWH's Probability of Default Rating to B3-PD
from B2-PD, and its senior secured notes due 2021 to Caa1 from B3.
The rating outlook remains stable.

These ratings/assessments are affected by this action:

  Corporate Family Rating, downgraded to B3 from B2;
  Probability of Default Rating, downgraded to B3-PD from B2-PD;
   and,
  Senior secured notes due 2021, downgraded to Caa1 (LGD4) from B3

   (LGD4).

                         RATINGS RATIONALE

The downgrade of Northwest Hardwoods' CFR to B3 results from
operating performance below Moody's previous expectations.  Recent
underperformance is due to lower year-over-year lumber prices,
particularly in the alder and red oak species, as well as
constrained alder supply near its western mills.  Moody's does not
anticipate lumber prices to rebound over the next 12-18 months.
Moody's projects adjusted EBITA margins to remain well below
historical levels.  Projected lower earnings will push NWH's debt
leverage above 7.0x and its interest coverage (measured as
EBITA-to-interest expense) slightly below 1.0x over the next 12-18
months (ratios incorporate Moody's standard adjustments).  These
key credit metrics are characteristic of lower-rated entities.

The stable rating outlook reflects NWH's liquidity profile,
supported by positive free cash flow and good availability under
its $150 million revolving credit facility, giving NWH financial
flexibility to contend with its contracting operating margins and
resulting weak debt credit metrics.  Positive rating actions are
not likely at this time.  However, if Northwest Hardwoods'
performance exceeds Moody's expectations, with a more balanced
industry supply and demand environment resulting in these metrics:

   -- Debt-to-EBITDA trending below 5.5x (7.7x as of 1Q16)
   -- EBITA-to-interest expense nearing 1.75x (1.1x for LTM 1Q16)
   -- An improvement in NWH's liquidity profile could also support

      better ratings.

Negative rating actions could ensue if NWH's performance continues
to deteriorate, falling below Moody's expectations and resulting in
these metrics:

   -- Debt-to-EBITDA sustained above 7.0x
   -- EBITA-to-interest expense trending towards 0.75x
   -- A deterioration of the company's liquidity profile, large
      dividends, or higher usage of the revolving credit facility
      could pressure the ratings as well.

Northwest Hardwoods, Inc., headquartered in Tacoma, WA, is a
national manufacturer and distributor of hardwood lumber used for
diverse products such as mill work, cabinetry, flooring, and
furniture.  Approximately 30% of revenues are derived from exports.
Littlejohn & Co., through its affiliates, is the primary owner of
Northwest Hardwoods.  Revenues on a pro forma basis for the last 12
months through March 31, 2016 were approximately
$750 million.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.


OPPENHEIMER HOLDINGS: S&P Affirms 'B' ICR, Outlook Positive
-----------------------------------------------------------
S&P Global Ratings said it revised its outlook on Oppenheimer
Holdings Inc. to positive from stable.  S&P also affirmed its 'B'
issuer credit and senior secured debt ratings on Oppenheimer.

"The outlook revision reflects progress the firm has made on its
regulatory and legal issues, as well as recent improvement in
funding metrics and risk-adjusted capitalization," said S&P Global
Ratings credit analyst Robert Hoban.

Oppenheimer is a holding company whose subsidiaries provide retail
brokerage, asset management, and capital markets services.  With
$78 billion in total client assets, the firm is significantly
smaller than the largest U.S. brokers.  S&P believes Oppenheimer
has an adequate business position because low-risk retail brokerage
and investment management account for two-thirds of revenue, and
its retail client relationships have proven to be relatively sticky
despite regulatory issues.  However, the firm's reliance on
transactional trading-related revenue has hurt profitability
because market volatility has curtailed client trade activity since
the summer of 2015.

Chief among the firm's settlement strains is its buybacks of
auction rate securities (ARS) from clients since the February 2008
failure of the market.  Both its holdings of ARS and the amount the
firm may have to repurchase have declined to more manageable
levels.  As of March 31, 2016, the firm's ARS holdings were $84.2
million, down $15 million from the previous year, and its
repurchase obligations under agreement with regulators and
litigation settlements were $33.5 million.  This represented, in
S&P's view, the bulk of potential ARS purchases given that total
remaining customer owned ARS has declined to $152 million (from
$2.8 billion in 2008) and there are no remaining "live" ARS cases.
Moreover, some ARS issuers have started to retire their
securities.

S&P views this reduction in potential contingent stable funding
needs positively.  This, the recent sale of its commercial real
estate business, and a slowdown in client activity has improved the
firm's gross stable funding ratio (GSFR) to above 110%, liquidity
coverage metric (LCM) to 97%, and risk-adjusted capital ratio to
9.9%.  S&P expects, however, the GSFR and LCM metrics to decrease
somewhat as client activity returns to more normal levels.

The positive outlook reflects the progress the firm has made on its
regulatory and legal issues, as well as recent improvement in
funding, liquidity, and capital metrics.  That said, S&P expects
the firm's regulatory compliance and litigation issues to remain a
limiting factor on the ratings.  S&P believes a return to operating
profitability would relieve some of the strain these put on
capital, funding, and liquidity.

S&P could raise ratings over the next 12 months if the firm
improves profitability, meets its regulatory and litigation
settlement obligations and establishes a solid compliance track
record, and maintains its GSFR and LCM ratios above 100% on a
sustained basis.

S&P could revise the outlook to stable if it expected the
risk-adjusted capital ratio to fall below 7%, or regulatory capital
to be pressured; the GFSR or LCM to fall below 80% or 90%,
respectively; or if the company does not manage to address
profitability issues.


PALMAZ SCIENTIFIC: Has Go Signal to Sell Assets
-----------------------------------------------
Judge Craig A. Gargotta of the U.S. Bankruptcy Court for the
Western District of Texas, San Antonio Division, authorizes Palmaz
Scientific Inc. and its affiliated debtors to sell substantially
all of their assets and the June 10, 2016 auction of the assets.

The Troubled Company Reporter has earlier reported that the Debtors
asked the Court to approve an auction sale and bid protections for
the sale of substantially all of the Debtors' assets, and
identified Vactronix Scientific, Inc., as the initial bidder for
the Debtors' assets at a purchase price of $22,600,000 on an "as
is, where is basis."

Palmaz Scientific Inc., et al., are expected to move forward with
the sale of substantially all assets to Vactronix Scientific,
Inc.,
for $22,600,000 as no qualified competing bids were submitted by
the June 8, 2016 deadline.

The Debtors have negotiated an agreement for Vactronix Scientific,
Inc., a creditor of Palmaz Scientific, Inc. and owned directly or
indirectly by an insider of the Debtors, to act as a "stalking
horse" bidder for the assets.  The Debtors signed a contract to
sell the assets to Vactronix for $22,600,000 (which is in the form
or cash and a credit bid), subject to higher and better offers.

On June 3, 2016, the Debtors won approval of bid procedures, which
set a June 8 deadline for competing bids, and a June 10 auction
and
sale hearing.

The Debtors said in their First Amended Disclosure Statement,
filed
June 10, 2016, that although someone appeared at the June 8, 2016
Disclosure Statement hearing and made an oral offer for one asset,
no third party bidder qualified to bid pursuant to the
Court approved bid procedures.

After consummation of the sale (which the Debtors anticipate to
occur on or as soon after the Plan’s Effective Date as
possible,
the proceeds of the sale will be distributed to the creditors
pursuant to the terms of the Plan.  Under the Plan, secured and
unsecured creditors are unimpaired and will be paid in full.
Equity holders will be paid from what's left of the estates after
creditors are paid in full.  Equity holders are due to send their
ballots by June 24.  The confirmation hearing is scheduled for
June
27.

              About Palmaz Scientific

Headquartered in San Antonio, Texas, Palmaz Scientific is a
research and development company dedicated to the advancement of
the technology and science of medical implants.

Palmaz Scientific Inc., Advanced Bio Prosthetic Surfaces, Ltd.,
ABPS Management, LLC and ABPS Venture One, Ltd., filed Chapter 11
bankruptcy petitions (Bankr. W.D. Tex. Case Nos. 16-50552,
16-50555, 16-50556 and 16-50554, respectively) on March 4, 2016.
The petitions were signed by Eugene Sprague as director.

The Debtors estimated both assets and liabilities in the range of
$10 million to $50 million.

The Debtors have engaged Norton Rose Fulbright US LLP as counsel,
Groff & Rothe as accountants and Upshot Services LLC as noticing
agent.

The cases are assigned to Judge Craig A. Gargotta.


PEAK WEB: Amends Application to Hire Susman Godfrey
---------------------------------------------------
Peak Web LLC has filed an amended application with the U.S.
Bankruptcy Court for the District of Oregon to hire Susman Godfrey
LLP.

In its application, the Debtor proposes to compensate Susman
Godfrey for its services on a contingent fee basis without further
order of the court, and that the payment should be made upon (i)
entry of a court order approving any settlement of its litigation
with Machine Zone, Inc. and Epic War, LLC; or (ii) entry of and
collection by the Debtor on any judgment in the litigation.

Peak Web tapped the firm to serve as its special counsel in
connection with the Machine Zone litigation, which is pending in
the Superior Court of California in Santa Clara County.

                         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.


PENN VIRGINIA: Equity Holders Object to Disclosure Statement
------------------------------------------------------------
The Ad Hoc Committee of Equity Security Holders of Penn Virginia
Corporation, et al., object to the disclosure statement explaining
the Debtors' Joint Chapter 11 Plan of Reorganization.

Specifically, the Ad Hoc Committee asserts that the Disclosure
Statement must not be approved because it contains inadequate
information with respect to, among others, the Debtors' financial
operations, the Debtors' enterprise value, the Debtors' avoidance
actions, releases and exculpations, unexpired leases and executor
contracts, and the composition of the board of directors for the
Reorganized Debtor.

The Ad Hoc Committee points out that the Releases as granted by the
Plan are particularly troubling.  The Committee says the Debtors
have provided no information in the Disclosure Statement concerning
the claims released, their investigation of the claims released,
and the value of the claims waived and released.  A waiver of all
Avoidance Actions could result in a substantial loss to all
parties-in-interest that cannot be justified simply by stating that
the costs of litigation outweigh the benefits of those actions, the
Committee asserts.

The Ad Hoc Committee is represented by:

     Christopher L. Perkins, Esq.
     LeClairRyan, A Professional Corporation
     919 East Main Street, 24th Floor
     Richmond, VA 23219
     Tel: (804) 783-7550
     Email: christopher.perkins@leclairryan.com

        -- and --

     Janice B. Grubin, Esq.
     Heidi J. Sorvino, Esq.
     LeClairRyan, A Professional Corporation
     885 Third Avenue, 16th Floor
     New York, NY
     Tel: (212) 634-5016
     Fax: (212) 634-5047
     Email: janice.grubin@leclairryan.com
            heidi.sorvino@leclairryan.com

        -- and --

     Gregory J. Mascitti, Esq.
     LeClairRyan, A Professional Corporation
     70 Linden Oaks, Suite 210
     Rochester, NY 14625
     Tel: (585) 270-2106
     Email: gregory.mascitti@leclairryan.com

               About Penn Virginia Corporation

Based in Radnor, Pennsylvania, Penn Virginia Corporation is an
independent oil and gas company engaged in the exploration,
development and production of oil, NGLs and natural gas in various
domestic onshore regions of the United States, with a primary focus
in the Eagle Ford Shale in South Texas.

Each of Penn Virginia Corporation, Penn Virginia Holding Corp.,
Penn Virginia MC Corporation, Penn Virginia MC Energy L.L.C., Penn
Virginia MC Operating Company L.L.C., Penn Virginia Oil & Gas
Corporation, Penn Virginia Oil & Gas GP LLC, Penn Virginia Oil &
Gas LP LLC and Penn Virginia Oil & Gas, L.P. filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Va.
Case Nos. 16-32395 to 16-32403, respectively) on May 12, 2016. The
petitions were signed by Seth R. Bullock as chief restructuring
officer.

The Debtors have engaged Kirkland & Ellis LLP as counsel, Kutak
Rock LLP as local counsel, Jefferies LLC as investment banker,
Alvarez & Marsal North America, LLC as restructuring advisor,  KPMG
LLP as tax advisor and Epiq Bankruptcy Solutions, LLC as notice,
claims and balloting agent.  PJT Partners is acting as financial
advisor and Milbank, Tweed, Hadley & McCloy LLP is acting as legal
advisor to the ad hoc committee of noteholders.  Opportune LLP is
acting as financial advisor and Bracewell LLP is acting as legal
advisor to Wells Fargo (as agent) and the RBL lenders.

Judge Keith L. Phillips has been assigned the cases.


PETROLEUM PRODUCTS: Has Until October 3 to Decide on 4 Leases
-------------------------------------------------------------
Honorable Marvin Isgur of the U.S. Bankruptcy Court for the
Southern District of Texas, Houston Division, extended until
October 3, 2016, the deadline by which Petroleum Products &
Services, Inc. d/b/a Wellhead Distributors Int'l, must decide to
assume or reject its non-residential leases.

The Debtor currently has four leases, which must be assumed or
rejected by this deadline.  The counterparties to these leases are:
(a) Kiss & Greer LLC, (b) Kiss Investments, LLC, (c) Kiss Real
Properties III, LLC, and (d) Kiss Real Properties III, LLC c/o
Texan Management Group, LP.

Attorneys for Petroleum Products & Services, Inc.:

       Edward L. Rothberg, Esq.
       T. Josh Judd, Esq.
       HOOVER SLOVACEK LLP
       5847 San Felipe, Suite 2200
       Houston, Texas 77057
       Telephone: 713.977.8686
       Facsimile: 713.977.5395
       Email: rothberg@hooverslovacek.com
              judd@hooverslovacek.com

              About Petroleum Products

Petroleum Products & Services, Inc. (dba Wellhead Distributors
Int'l and dba WDi) distributes API-6A wellhead equipment and valves
used in the petroleum and natural gas industries.

The Company filed a Chapter 11 bankruptcy petition (Bankr. S.D.
Tex., Case No. 16-31201) on March 4, 2016.  Alejandro Kiss signed
the petition as president.  The Debtor estimated assets in the
range of $10 million to $50 million and liabilities of at least $10
million.

The Debtor has engaged Hoover Slovacek, LLP, as counsel and Hirsch
Westheimer, P.C., as special litigation counsel.


PICO HOLDINGS: Bloggers Vote "Against" Adjournment
--------------------------------------------------
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 bloggers have received a few inquiries about Annual Meeting
Adjournment, so they explain adjournment, illustrate some details
particular to PICO Holdings, and outline why shareowners should
vote "Against" Adjournment.

PICO's Amended and Restated Bylaws, Section 2.6, addresses Annual
Meeting Adjournment and states that an Annual Meeting can be
adjourned as long as a majority of shares authorize adjournment.
Here, "Majority" refers to shares that have voted, not absolute
majority.

The bloggers say that "We have been told that right now, John "The
Juicer" Hart is working hard to procure votes for his
shareholder-abusive slate of proposals -- that he is pulling out
all the stops to get Kenneth "The Slug" Slepicka and Howard
"Hapless Howie" Brownstein reelected. Recall that The Slug is a
perpetrator of PICOGate, whereby he and Mr. Hart failed to disclose
a material conflict of interest for 6 years. Mr. Brownstein is
PICO's Audit Chair, who we believe has betrayed shareholders via an
inadequate and cronyistic inquiry of PICOGate that we characterize
as a coverup. RPN has voted "Against" both men in their pursuit of
Director Reelection for a 3-year term, ending in 2019.

We are told that Mr. Hart is also lobbying for votes to
reincorporate PICO in Delaware, which would strip shareowners of
our valuable cumulative voting rights and provide Mr. Hart and his
corrupt and incompetent Directors with greater legal protection for
their abuses of shareholders.

The bloggers claim unfair advantage, explaining, "Mr. Hart, his
cronies and his professionals, have access to the vote tallies via
a company named Broadridge. If you examine your proxy statement and
proxy card, either electronic or hard copy, you will see
Broadridge's name.

Spun off from Automatic Data Processing in 2007, Broadridge is the
dominant proxy solicitor, with a market share that Bruce Goldfarb,
at Okapi Partners, once told us was above 90% (Investors interested
in high-profitability businesses with enduring competitive
advantages would do well to read the Broadridge annual reports).

Mr. Goldfarb also told us that the proxy process favors incumbent
management, because Broadridge provides them with updated vote
tallies. Shareholders enjoy no such privileged access.

The Annual Meeting will only be adjourned for one reason: if the
voting frustrates the efforts of the Entrenched Directors. If the
meeting is adjourned, the Entrenched Directors, their cronies and
their professionals will then spend more of our money lobbying for
votes, trying to get investors to switch sides. But investors don't
switch for free; they have to be bought.  We'd envision the
Entrenched Directors buying them using our economic resources.

Sound like a nightmare? It is. Unless you vote "Against"
Adjournment.

The bloggers conclude, "PICO shareholders have the power to nullify
this advantage by voting 'Against' Adjournment."


POST EAST: Hires Coan Lewendon as General Counsel
-------------------------------------------------
Post East, LLC, seeks authorization from the U.S. Bankruptcy Court
for the District of Connecticut to employ Coan, Lewendon, Gulliver
and Miltenberger, LLC, as general Chapter 11 counsel.

The Firm will:

     a. give the Debtor in Possession legal advice with respect to

        its business, operations, and the management of its
        property;

     b. negotiate arrangements with creditors respecting their
        claims and treatment of their claims in a Plan of
        Reorganization;

     c. institute and defend litigation in this and other courts
        as counsel and the Debtor in Possession consider necessary

        and appropriate for the conduct of its reorganization.

     d. prepare on behalf of the Debtor in Possession necessary    
    
        Petitions, Answers, Orders; and

     e. perform all other legal services for the Debtor-in-        

        Possession which may be necessary.

The Firm will be paid at these hourly rates:

        Partners                $400
        Counsel                 $320
        Associates              $250
        Paralegals             $95-$110

Carl T. Gulliver, a member of the Firm, assures the Court that the
Firm represents no interest adverse to the Debtor-in-Possession or
the estate in the proceedings in the matters upon which it will be
engaged to handle for the Debtor-in-Possession, nor does it have
any connection with the Debtor, creditors, or any other party in
interest, their respective attorneys and accountants, the U.S.
Trustee, or any person employed by the Office of the U.S. Trustee,
and that the Firm is a disinterested person, as that term is
defined in 11 U.S.C. Section 101(14).

The Firm can be reached at:

     Carl T. Gulliver, Esq.
     Coan, Lewendon, Gulliver& Miltenberger, LLC
     495 Orange Street, New Haven
     Connecticut 06511
     Tel: (203) 901-1298
     Fax: (203) 865-3673
     E-mail: cgulliver@coanlewendon.com

Headquartered in Westport, Connecticut, Post East, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. D. Conn. Case No.
16-50848) on June 27, 2016, estimating its assets and liabilities
at between $1 million and $10 million each.  The petition was
signed by Michael F. Calise, member.

Carl T. Gulliver, Esq., at Coan Lewendon Gulliver & Miltenberger
LLC serves as the Debtor's bankruptcy counsel.


REM LLC: Case Summary & 9 Unsecured Creditors
---------------------------------------------
Debtor: REM, LLC
        11630 Chayote Street, Suite 3
        Los Angeles, CA 90049

Case No.: 16-18928

Chapter 11 Petition Date: July 5, 2016

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Julia W. Brand

Debtor's Counsel: Matthew Abbasi, Esq.
                  ABBASI LAW CORPORATION
                  8889 West Olympic Blvd., Suite 240
                  Beverly Hills, CA 90211
                  Tel: 310-358-9341
                  Fax: 888-709-5448
                  E-mail: matthew@malawgroup.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Yuval Stelmach, member.

A list of the Debtor's nine largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb16-18928.pdf


RENAISSANCE ACADEMY: Taps Holcomb & Shreeve as Auditor
------------------------------------------------------
Global Renaissance Academy of Distinguished Education Inc. seeks
approval from the U.S. Bankruptcy Court for the District of Arizona
to hire Holcomb & Shreeve, PC as its auditor.

Global Renaissance tapped the firm to complete the yearly financial
audit of the charter school as required by the Arizona State Board
of Charter Schools.  Specifically, Holcomb & Shreeve will provide
these services:

     (a) complete the compliance questionnaires as required by
         the Board;

     (b) assist in preparing the working trial balance, drafting
         the consolidated financial statements and the related
         footnotes, calculating depreciations; and

     (c) propose adjusting journal entries.

Holcomb & Shreeve will receive a fee in the amount of $9,750 for
the financial statement audit and completion of the compliance
questionnaires.  The payment does not include additional time
required for expansion of the scope of the audit.

Kristopher Holcomb, a certified public accountant, disclosed in a
court filing that his firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The Debtor can be reached through its counsel:

     Pernell W. McGuire, Esq.
     Davis Miles McGuire Gardner, PLLC
     40 E. Rio Salado Pkwy., Suite 425
     Tempe, AZ 85281
     Phone: (480) 733-6800
     Fax: (480) 733-3748
     Email: pmcguire@davismiles.com

                About Global Renaissance Academy

Global Renaissance Academy Of Distinguished Education (Bankr. D.
Ariz., Case No. 16-02228) sought protection under Chapter 11 of the
Bankruptcy Code on March 8, 2016.  The Debtor is represented by
Pernell W. McGuire, Esq., at Davis Miles McGuire Gardner, PLLC.


ROBERT STUART COULTER: Sept. 6 Plan Confirmation Hearing
--------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida, Jacksonville Division, issued an order
approving the amended disclosure statement explaining Robert Stuart
Coulter's plan and scheduled a confirmation hearing for September
6, 2016, at 2:30 p.m.

August 23, 2016, is fixed as the last day for filing written
acceptances or rejections of the plan.  Any objections to
confirmation must be filed and served seven days before the
confirmation hearing date.

The bankruptcy case is In re: Robert Stuart Coulter, Case No.
3:14-bk-00241-JAF (Bankr. M.D. Fla.).


RONNIE MADRAMOTOO: HSBC Referee to Auction Property on July 13
--------------------------------------------------------------
Paul Sklar, Esq., of Gross Polowy LLC, as referee, will sell at
public auction at the County Courthouse, The Supreme Court, 60
Centre St., Room 130, New York, New York, on July 13, 2013 at 2:00
p.m., premises known as 99 Battery Place, Unit 11A, New York, New
York 10280, pursuant to a judgment for foreclosure and sale duly
dated Nov. 18, 2015.

All the plot piece of parcel of land, with the buildings and
improvements erected, situate, lying and being in the Borough of
Manhattan, City, County, and State of New York, Block 16, Lot 7010.
Approximate amount of judgment $769,153 plus interest and costs.


Premises will be sold subject to provisions of filed judgment for
Index# 115721/08

Mr. Sklar can be reached at:

   Paul Sklar, Esq.
   Gross Polowy LLC
   Attorney for HSBC Bank USA, National Association, as
    Trustee Nomura Home Equity Loan Inc. Asset-Backed
    Certificates, Series 2006-HE1
   1775 Wehrle Drive, Suite 100
   Willaimsville, NY 14221


RUMSEY LAND: Taps Buechler & Garber as Legal Counsel
----------------------------------------------------
Rumsey Land Co., LLC seeks approval from the U.S. Bankruptcy Court
for the District of Colorado to hire Buechler & Garber, LLC as its
legal counsel.

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

     (a) provide legal advice with respect to its powers and
         duties;

     (b) assist the Debtor in the development of a Chapter 11 plan

         of reorganization;

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

     (d) take necessary actions to enjoin and stay until final
         decree the continuation of pending proceedings, and the
         commencement of lien foreclosure proceedings.

Aaron Garber, Esq., disclosed in a court filing that the firm is
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

Buechler & Garber can be reached through:

     Aaron A. Garber
     Buechler & Garber, LLC
     999 18th Street, Suite 1230S
     Denver, CO 80202
     Telephone: (720) 381-0045
     Telecopy: (720) 3 81-0382
     Email: aaron@bandglawoffice.com

                    About Rumsey Land Co., LLC

Denver, Colorado-based Rumsey Land Co., LLC, is a privately held
company owning real property in Elizabeth, Nederland, and Evans,
Colorado with water rights, gravel rights, and additional
interests associated with the Evans Property.  The Company filed
for Chapter 11 bankruptcy protection (Bankr. D. Colo. Case No.
10-10691) on Jan. 15, 2010.  Aaron A. Garber, Esq., Benjamin H.
Shloss, Esq., and Lee M. Kutner, Esq., at Kutner Miller
Brinen,P.C., in Denver, Colorado, assist the Company in its
restructuring effort.  The Company estimated $10 million to
$50 million in assets and liabilities as of the Chapter 11 filing.


SHELDON KEITH PERRY: Sept. 15 Plan, Disclosures Hearing
-------------------------------------------------------
Judge M. Elaine Hammond of the U.S. Bankruptcy Court for the
Northern District of California tentatively approved the disclosure
statement explaining Sheldon Keith Perry's amended combined plan
and scheduled the hearing on final approval of the Disclosure
Statement and on confirmation of the Plan for September 15, 2016 at
10:30 a.m.

Holders of general unsecured claims will receive 5.00% of their
allowed claim in 20 equal quarterly installments.  Holders of
general unsecured claims, which are $5,000 or less, will receive a
single payment equal to lesser of 100% of its allowed claim or
$5,000.

The Internal Revenue Service, which holds a $9,574 claim, will be
paid $126.52 per month for five years.  Dreambuilder Investments
LLC, which holds a $200,000 claim, will retain its interest in the
property located at 1500 Camino Monde, in San Jose, California.
Lehman XS Trust Mortgage Pass-through Certificates, Series
2007-20N, will be paid in 60 equal monthly payments of $11,832.39.

Written ballots accepting or rejecting the Plan must be submitted
and received by September 8, 2016.  Written objections to the
Disclosure Statement or to confirmation of the Plan must be filed
and served by September 8, 2016.

If any objections to the Disclosure Statement or to confirmation of
the Plan place disputed facts at issue, the hearing will also be a
status conference to set a schedule for resolution of those factual
disputes.

A full-text copy of the Amended Disclosure Statement is available
at http://bankrupt.com/misc/canb15-52595-121.pdf

The Debtor and his non-filing spouse own and operate Invest InDeed,
Inc., a real estate lending company.  The Debtor sought Chapter 11
protection (Bankr. N.D. Calif. Case No. 15-52595) following a
temporary decline in self-employment earnings caused by the decline
of the North California real estate market.

The Debtor is represented by:

     Michael D. Lee, Esq.
     Lee & Li, Attorneys at Law
     333 W Santa Clara St. #610
     San Jose, CA 95113


SHENANDOAH VALLEY: Bank of Romney Objects to Disclosure Statement
-----------------------------------------------------------------
Secured creditor Bank of Romney objects to the disclosure statement
explaining Shenandoah Valley Construction and Whitacre Farms, LLC's
plan, complaining that it fails to provide "adequate information"
as required by Section 1125 of the Bankruptcy Code.

Specifically, BOR complains that the Disclosure Statement fails to
provide adequate information for creditors to make a competent
decision about the merits of the Plan in the following respects:

   a. The Third Disclosure Statement fails to list all of the
Debtors' assets, including, but not limited to, farm crops,
accounts receivables, loans or other debt owed by insiders, and
potential avoidable transfers.

   b. The Third Disclosure Statement fails to list all of the
Debtors' income, including, but not limited to, income from farming
operations and rental income.

   c. The Third Disclosure Statement fails to account for
pre-petition transfers of assets and post-petition payments made to
insiders which were either not authorized by the Court or were paid
in amounts in excess of that authorized.

   d. The Third Disclosure Statement fails to take into
consideration the necessity for the Debtors to provide and to pay
for hazard and liability insurance covering BOR's collateral rather
than BOR paying for force-placed insurance at exorbitant rates.

BOR is represented by:

     Kathy M. Santa Barbara, Esq.
     THE LAW OFFICE OF KATHY M. SANTA BARBARA, PLLC
     518 West Stephen Street
     Martinsburg, WV 25401
     Tel: (304) 264-0000

Shenandoah Valley Construction filed a Chapter 11 petition (Bankr.
N.D. Va. Case No. 14-01352) on December 18, 2014.  The case is
assigned to Judge Patrick M. Flatley.  The Debtor is represented by
Thomas H. Fluharty, Esq., at Thomas H. Fluharty, in Clarksburg,
West Virginia.  At the time of filing, the Debtor had $207,121 in
total assets and $1.17 million in total liabilities.  The petition
was signed by Charles D. Whitacre, partner.  A list of the Debtor's
seven largest unsecured creditors is available for free at
http://bankrupt.com/misc/wvnb14-01352.pdf


SMYZ INC: Taps Milledge Law Firm as Legal Counsel
-------------------------------------------------
SMYZ, Inc. seeks approval from the U.S. Bankruptcy Court for the
Southern District of Texas to hire The Milledge Law Firm PLLC.

Milledge will provide legal services in connection with SMYZ's
Chapter 11 case.  Specifically, the firm will provide legal advice
with respect to SMYZ's powers and duties as a debtor-in-possession;
prepare all pleadings; and negotiate and submit a potential plan of
arrangement.

Samuel Milledge, Esq., has been designated as attorney-in-charge
who will be responsible for the representation of the Debtor.  He
will be paid $350 per hour for his services.

Meanwhile, the hourly rates for the firm's associates range from
$125 to $175 per hour while the hourly rates for clerks & legal
assistants range from $60 to $75 per hour.

Mr. Milledge 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:

     Samuel L. Mllledge
     The Milledge Law Firm PLLC
     2500 East T.C. Jester Blvd. Suite 510
     Houston, TX 77092
     Phone: 713-812-1409
     Fax: 713-812-1418

                        About SMYZ Inc.

SMYZ, Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Tex. Case No. 16-32918) on June 6, 2016.


SPORTS AUTHORITY: Broncos Stadium Naming Rights Fail to Lure Bids
-----------------------------------------------------------------
Tom Hals and Jessica Dinapoli, writing for Reuters, reported that
tickets to watch U.S. professional football team the Denver
Broncos, the winners of the 2016 Super Bowl, may be a hot
commodity, but an auction for their stadium's naming rights without
any bids being received.

According to the report, the stadium in Denver is called Sports
Authority Field at Mile High Stadium, named after the eponymous
sporting goods retailer in 2011.  However, Sports Authority filed
for bankruptcy in March and put the naming rights up for sale as
part of a court-supervised auction, the report related.

No bidders for the rights came forward at an auction of the
retailer's assets, Matt Sugar, the director of stadium affairs at
the Metropolitan Football Stadium District, which is the owner of
the stadium, told Reuters.  Discussions are underway about
launching a new auction for the naming rights, the report said.

The contract for the naming rights up for grabs extends until 2021,
and comes with a $3.6 million payment obligation due Aug. 1, the
report added.  Sports Authority is current on payments under the
naming rights contract, Sugar said, the report further related.

                  About Sports Authority Holdings

Sports Authority Holdings, et al., are sporting goods retailers
with roots dating back to 1928.  The Debtors currently operate 464
stores and five distribution centers across 40 U.S. states and
Puerto Rico.  The Debtors offer a broad selection of goods from a
wide array of household and specialty brands, including Adidas,
Asics, Brooks, Columbia, FitBit, Hanesbrands, Icon Health and
Fitness, Nike, The North Face, and Under Armour, in addition to
their own private label brands.  The Debtors employ 13,000 people.

Sports Authority and six of its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-10527 to
16-10533) on March 2, 2016.  The petitions were signed by Michael
E. Foss as chairman & chief executive officer.

The Debtors have engaged Gibson, Dunn & Crutcher LLP as general
counsel, Young Conaway Stargatt & Taylor, LLP as co-counsel,
Rothschild Inc. as investment banker, FTI Consulting, Inc., as
financial advisor and Kurtzman Carson Consultants LLC as notice,
claims, solicitation, balloting and tabulation agent.

Andrew Vara, Acting U.S. trustee for Region 3, appointed seven
creditors of Sports Authority Holdings Inc. to serve on the
official committee of unsecured creditors.  Lawyers at Pachulski
Stang Ziehl & Jones LLP represent the Official Committee of
Unsecured Creditors.


STEELCORE CAPITAL: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                       Case No.
      ------                                       --------
      SteelCore Capital Master Fund, L.P.          16-11936
      c/o SS&C
      675 Third Avenue
      New York, NY 10017

      SteelCore Capital, LP                        16-11937
      c/o SS&C
      675 Third Avenue
      New York, NY 10017
      
Chapter 11 Petition Date: July 5, 2016

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

Judge: Hon. Mary Kay Vyskocil

Debtor's Counsel: Julie Cvek Curley, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue, 11th Floor
                  White Plains, NY 10601
                  Tel: (914) 681-0200
                  Fax: (914) 684-0288
                  E-mail: jcurley@ddw-law.com

                    - and -

                  Jonathan S. Pasternak, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue
                  White Plains, NY 10601
                  Tel: (914) 681-0200
                  Fax: (914) 684-0288
                  E-mail: jpasternak@ddw-law.com

                                         Estimated   Estimated
                                           Assets   Liabilities
                                        ----------  -----------
SteelCore Capital Master                $1MM-$10MM  $1MM-$10MM
SteelCore Capital                       $1MM-$10MM  $1MM-$10MM

The petition was signed by Joseph Stechler, managing member of
SteelCore Capital GP LLC, general partner.

The Debtors did not include a list of their largest unsecured
creditors when they filed the petitions.


STEVEN FISHER: Home to Be Foreclosed Under Ch. 11 Plan
------------------------------------------------------
Steven D. Fisher and Lynn A. Fisher filed with the U.S. Bankruptcy
Court for the District of Arizona a disclosure statement to assist
their creditors in making an informed decision in voting on the
Plan of Reorganization dated July 27, 2015, as revised.

The Plan will be funded by the $20,310 proceeds from the State Farm
Settlement, the Debtors' postpetition income, and monies expected
to flow through to the Debtors from their interests in Fisher
Opportunity Corporation and FOC Lawshe Ltd Partnership.

The Plan proposes for the automatic stay to be lifted in order for
Caliber Home Loans, Inc., and First Financial Bank to foreclose on
the Debtors' residence at 1310 W. Island Circle, in Chandler,
Arizona.  Ocotillo Community Association, which is owed past due
homeowners association fees, will receive no monetary distribution
under the Plan and will look to its collateral for satisfaction of
its claim.

US Bank will be paid in full.  The Debtors returned a Nissan Altima
to Nissan Infiniti LT.  Nissan will have an unsecured claim in the
amount of $856 for the balance remaining due under the vehicle
lease.

Steven and Lynn Fisher have been involved in various businesses and
real estate ventures over the years.

A full-text copy of the Disclosure Statement dated June 14, 2016,
is available at http://bankrupt.com/misc/azb13-17932-219.pdf

Steven Fisher filed a Chapter 11 petition (Bankr. D. Ariz. Case No.
13-17932) on October 14, 2013, and is represented by Gary V.
Ringler, Esq. -- garyvringler@earthlink.net -- at Gary V Ringler
PLLC, in Chandler, Arizona.


SUNEDISON INC: Taps Cohen & Gresser as Special Counsel
------------------------------------------------------
SunEdison, Inc. seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to employ Cohen & Gresser LLP as
its special counsel.

If Cohen & Gresser's retention is approved, the firm will continue
to represent the Debtor in a criminal investigation that is being
conducted by the U.S. Department of Justice, and another
investigation by the U.S. Securities and Exchange Commission.

The firm's hourly rates range from $750 to $850 for partners, $350
to $750 for associates and counsel, and $100 to $250 for
paraprofessionals.

Mark Cohen, a member of Cohen & Gresser, disclosed in a court
filing that the firm does not represent or hold any interest
adverse to the Debtors or their estates.

In response to the request for additional information set forth in
Paragraph D.1 of the U.S. Trustee Guidelines, Cohen & Gresser
disclosed that it has not agreed to any variations from, or
alternatives to, its standard or customary billing arrangements for
its employment with the Debtors.

The firm further disclosed that it has not prepared a prospective
budget and staffing plan, adding that such was not previously
perceived to be necessary.  Cohen & Gresser, however, said that it
has regularly consulted with the Debtors' personnel, and that they
will develop a prospective budget and staffing plan for each
interim fee application period.

The firm can be reached through:

     Mark S. Cohen
     Cohen & Gresser LLP
     800 Third Avenue
     New York, New York 10022
     Telephone: (212) 957-7600
     Facsimile: (212) 957-4514
     E-mail: mcohen@cohengresser.com

                    About SunEdison, Inc.

SunEdison, Inc., (OTC PINK: SUNEQ) is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as  restructuring advisors
and Prime Clerk LLC as claims and  noticing agent.  The Debtors
employed PricewaterhouseCoopers LLP as financial advisors; and KPMG
LLP as their auditor and tax consultant.

An official committee of unsecured creditors has been appointed in
the case.  The committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.


SUNEDISON INC: Taps Ernst & Young LLP as Tax Service Provider
-------------------------------------------------------------
SunEdison, Inc. seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to hire Ernst &Young LLP.

SunEdison tapped the firm to provide tax-related services in
connection with the Chapter 11 cases of the company and its
affiliates.  

Ernst &Young  will render the services and will be compensated
pursuant to the terms of the master service agreement dated April
27, 2016 and nine other agreements.  The agreements are available
for free at https://is.gd/V9baMW

James Luzecky, a partner at Ernst & Young, disclosed in a court
filing that the firm neither holds nor represents any interest
adverse to the Debtors.

The firm can be reached through:

     James A. Luzecky
     Ernst & Young LLP
     The Plaza in Clayton, Suite 1300
     190 Carondelet Plaza Drive
     St. Louis, MO 63105-3433
     Phones: (314) 290-1000
     Fax: (314) 290-1882

                    About SunEdison, Inc.

SunEdison, Inc., (OTC PINK: SUNEQ) is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as  restructuring advisors
and Prime Clerk LLC as claims and  noticing agent.  The Debtors
employed PricewaterhouseCoopers LLP as financial advisors; and KPMG
LLP as their auditor and tax consultant.

An official committee of unsecured creditors has been appointed in
the case.  The committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.


SUNEDISON INC: Taps Keen-Summit as Real Estate Advisor
------------------------------------------------------
SunEdison, Inc. seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to hire Keen-Summit Capital
Partners LLC as real estate advisor.

SunEdison tapped the firm to assist in the sale of real properties
owned by the company and its affiliates, and in negotiating for
modifications of their leases.  Specifically, the services to be
provided by the firm include:

     (a) working with the Debtors to organize the lease
         information for each property;

     (b) contacting the landlord for each property and
         negotiating with the landlords for modifications in
         accordance with the parameters established by the    
         Debtors;

     (c) working with the landlords, the Debtors and their counsel

         to document all lease modification proposals;

     (d) contacting and negotiating with landlords to obtain
         consent to extensions of the Debtors' time to assume or
         reject real property leases;

     (e) coordinating with the Debtors the development of due
         diligence materials;

     (f) developing a marketing plan and implementing each facet
         of the marketing plan;

     (g) communicating regularly with all prospects and
         maintaining records of communications;

     (h) communicating weekly with the Debtors and their
         professional advisors in connection with the status of
         its efforts;

     (i) working with the attorneys responsible for the
         implementation of the proposed transactions, reviewing
         documents, negotiating and assisting in resolving
         problems with may arise;

     (j) subject to consent from landlords, extending the Debtors'

         time to assume or reject leases; and

     (k) coordinating and running auction or sale process.

The Debtors propose to compensate Keen-Summit pursuant to this fee
structure:

     (a) Upon entry of a court order approving the employment of
         Keen-Summit, the Debtors will pay the firm an earned,
         non-refundable engagement fee of $25,000.

     (b) On the "lease modification agreement date," the Debtors
         will pay the firm, on a per property basis, the greater
         of $4,500 (base fee) or 5% of "savings."  If the
         modification agreement creates non-monetary value but
         does not generate savings, then Keen-Summit will be paid,

         on a per property basis, the $4,500 base fee (transaction

         fee).

     (c) If directed by the Debtors to negotiate with landlords to

         obtain extensions of time to assume or reject Leases,
         Keen-Summit will be paid a fee in the amount of $500 for
         each such fully executed extension.

     (d) If the Debtors and a landlord execute a modification
         agreement within six months of the expiration of the
         retention agreement, then Keen-Summit will be entitled to

         a fee in accordance with the terms of the agreement.

     (e) As and when the Debtors close a transaction, whether such
         transaction is completed individually or as part of a
         package, the disposition of their business or a plan of
         reorganization, then, for each closing of a transaction
         in which any owned property is sold, Keen-Summit will
         earn a fee in an amount equal to 4% of the gross
         proceeds.

     (f) For any leased property rejected by the Debtors, if, as a

         result of Keen-Summit's efforts the landlord agrees to
         reduce, release or waive the claim it could assert, the
         firm will receive a fee in an amount equal to 5% of the
         savings of any distribution that otherwise would have
         been payable to the landlord in the bankruptcy case.

         For any lease assumed by the Debtor if, as a result of
         Keen-Summit's efforts the landlord agrees to reduce,
         release or waive its reasonably asserted cure claim, the
         firm will receive a fee in an amount equal to 5% of such
         reduction, release or waiver.

     (g) The Debtors will be liable for all costs and expenses
         incurred by Keen-Summit.  

Matthew Bordwin, managing director of Keen-Summit, 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:

     Matthew Bordwin
     Keen-Summit Capital Partners LLC
     1460 Broadway
     New York, New York 10036

                    About SunEdison, Inc.

SunEdison, Inc., (OTC PINK: SUNEQ) is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as  restructuring advisors and
Prime Clerk LLC as claims and  noticing agent.  The Debtors
employed PricewaterhouseCoopers LLP as financial advisors; and KPMG
LLP as their auditor and tax consultant.

An official committee of unsecured creditors has been appointed in
the case.  The committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.


SUNEDISON INC: To Hire Eversheds as UK, Middle East Counsel
-----------------------------------------------------------
SunEdison, Inc. seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to retain Eversheds LLP as its
special counsel.

If Eversheds' retention is approved, the firm will continue to
represent SunEdison and its three affiliates in connection with the
acquisition, development and construction of their clean power
generation assets in Great Britain and the Middle East.

The firm's professionals and their hourly rates are:

     Partners           GBP500
     Associates         GBP460 - GBP280
     Paraprofessionals  GBP125

Stephen Michael Ausden Hill, a member of Eversheds, disclosed in a
court filing that the firm does not represent or hold any interest
adverse to the Debtors or their estates.

In response to the request for additional information set forth in
Paragraph D.1 of the U.S. Trustee Guidelines, Eversheds disclosed
that it has not agreed to any variations from, or alternatives to,
its standard or customary billing arrangements for its employment
with the Debtors.

Eversheds further disclosed that the Debtors have approved its
prospective budget and staffing plan, and that the budget period is
from May 4 until August 11, 2016.

The firm can be reached through:

     Stephen Michael Ausden Hill
     Eversheds LLP
     1 Wood Street,
     London EC2V 7WS
     United Kingdom
     Telephone: +44(0) 207 919 0611
     Facsimile: +44(0) 207 919 4919
     stephenhill@eversheds.com

                    About SunEdison, Inc.

SunEdison, Inc., (OTC PINK: SUNEQ) is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong signed the petitions as
senior vice president, general counsel and secretary.

The Debtors disclosed total assets of $20.71 billion and total
debts of $16.14 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as  restructuring advisors
and Prime Clerk LLC as claims and  noticing agent.  The Debtors
employed PricewaterhouseCoopers LLP as financial advisors; and KPMG
LLP as their auditor and tax consultant.

An official committee of unsecured creditors has been appointed in
the case.  The committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.


SUPERIOR PLUS: S&P Revises Outlook to Stable & Affirms 'BB' CCR
---------------------------------------------------------------
S&P Global Ratings said it revised its outlook on Toronto-based
Superior Plus Corp. (including its wholly owned subsidiary Superior
Plus L.P.; collectively, Superior) to stable from negative.  At the
same time, S&P Global Ratings affirmed its 'BB' long-term corporate
credit rating on the company.

S&P Global Ratings also affirmed its 'BB' issue-level rating on
Superior's senior unsecured debt, and revised its recovery rating
on the debt to '3' from '4', indicating an expectation of
meaningful recovery (50%-70%; at the lower end of the range), in a
default scenario.

The outlook revision follows Superior's June 30 announcement that
the company has terminated its agreement to acquire Canexus Corp.

"Our revised outlook on Superior reflects our view that the
termination of its agreement to acquire Canexus eliminates the
downside risk to the company's cash flow and leverage metrics,
which we expect should remain within the ranges we deem appropriate
for the rating," said S&P Global Ratings analyst Michelle Dathorne.
"Furthermore, we expect the sale of the construction products
division to bolster cash flow metrics on a net debt basis, which we
believe adequately supports the 'BB' corporate credit rating," Ms.
Dathorne added.

S&P expects cash flow metrics to improve beyond 2016 driven by
relative stability in the energy services segment and upside
potential in the chlor-alkali segment.  Superior's announced sale
of its construction products division (CPD) and use of proceeds to
reduce debt should further support the company's net debt cash flow
and leverage metrics.

As the CPD segment contributes less than 15% to Superior's
consolidated EBITDA and funds from operations (FFO), its sale does
not weaken S&P's assessment of Superior's operational
diversification, nor does it have an adverse effect on S&P's
forecast FFO generation.  Because S&P expects proceeds to fund debt
reduction in the near term, cash flow metrics should benefit from
the company's reduced net debt position.

Superior has a solid market position in the energy services and
chemicals segment as well as good operational, geographic, and
customer diversity.  This is partially offset, in S&P's view, by
weak pricing power and limited scale in each of its segments.
Superior's energy services business is the largest propane
distributor in Canada, with an estimated 30%-35% market share, and
also has a presence in U.S. heating oil and propane business.  The
company's chemicals business is the largest marketer of sodium
chlorate in North America and the second-largest producer in North
America and worldwide.  In addition, Superior has decent market
share positions in chlor-alkali products.  Demand in the chemicals
segment is primarily driven by conditions in the volatile pulp and
paper industry.

The stable outlook on Superior reflects S&P Global Ratings'
expectation that the company will maintain credit measures
commensurate with a significant financial risk profile, most
notably three-year, weighted-average FFO-to-debt in the 25%-30%
range, which is at the stronger end of the ratios appropriate for
the 'BB' corporate credit rating.

Absent an improvement in the company's business risk profile, which
S&P do not expect in the near term, it could raise the ratings if
the company's credit measures improved to those typically
associated with an intermediate financial risk
profile--specifically, three-year, weighted-average FFO-to-debt of
more than 30%--and if management appears committed to maintaining
credit metrics at this minimum level on a consistent basis.

S&P could lower the ratings if the three-year, weighted-average
FFO-to-debt were to deteriorate and stay below 20%, possibly due to
operational challenges at the energy services division or a sharp
deterioration in profitability at the specialty chemicals division.
Although not expected in the near term, S&P could also lower the
rating if management pursues more aggressive financial policies or
actions, including significant debt-financed acquisitions or
shareholder returns, which could jeopardize S&P's 20% leverage
threshold.



TAMPA BAY SEAFOOD: Hires Luke Lirot as Counsel in Pinellas Rift
---------------------------------------------------------------
Old Tampa Bay Seafood Company, LLC and Sutherland Holdings II, LLC,
seek permission from the U.S. Bankruptcy Court for the Middle
District of Florida to employ Luke Lirot, Esq., and Law Offices of
Luke Lirot, P.A., nunc pro tunc to June 9, 2016, to serve as
special counsel in connection with the pending controversy with
Pinellas County including but not limited to a pending state
circuit court matter designated Case No. 15-000769, a related
appeal, and a claim in this case filed by Pinellas County.

The Debtors require the services of special counsel to provide
representation in connection with its pending controversy with
Pinellas County, including but not limited to a pending state
circuit court matter designated case number 15-000769 and a related
appeal.  The Debtors anticipate the need to prepare for and assert
objections to the claim of Pinellas County filed in this matter.

The Firm will be paid $425 per hour for its services.

Luke Lirot, Esq., the owner of the Firm, assures the Court that no
attorney in the Firm has previously represented a creditor, general
partner, lessor, lessee, party to an executory contract, or person
who is otherwise adverse or potentially adverse to the Debtors or
the estates, on any matter substantially related to the Firm's
proposed role as special counsel.

The Firm can be reached at:

     Luke Lirot, Esq.
     Law Offices of Luke Lirot, P.A.
     2240 Belleair Road, Suite 190
     Clearwater, FL 33764
     Tel: (727) 536-2100
     Fax: (727) 536-2110

Headquartered in Saint Petersburg, Florida, Old Tampa Bay Seafood
Company, LLC, dba I.C. Sharks filed for Chapter 11 bankruptcy
protection (Bankr. M.D. Fla. Case No. 16-04576) on May 26, 2016,
estimating its assets at between $1 million and $10 million and
liabilities at between $500,000 and $1 million.  The petition was
signed by Brian Storman, managing member.  Jake C Blanchard, Esq.,
at Blanchard Law, P.A., is representing the Debtor.


TANGO TRANSPORT: Seeks to Hire Ken Gibson as Broker
---------------------------------------------------
Tango Transport, LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Texas to hire Ken Gibson Realtors.

The Debtor tapped the firm to serve as its broker in connection
with the sale of its real property located in Madisonville,
Kentucky.

Pursuant to its agreement with the Debtor, the firm will offer the
real property for sale as exclusive sales agent until Dec. 31,
2016, for a listing price of $49,000.

If the property is sold before the expiration of the agreement, the
firm will be entitled to a commission of 8% of the gross sale
price.

Ken Gibson, a real estate broker, disclosed in a court filing that
he and his firm are "disinterested persons" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Ken Gibson Realtors
     257 North Main Street
     Madisonville, KY  42431
     Office (270) 821-1242
     Cell: (270)871-1942

                       About Tango Transport

Tango Transport, LLC provides dry van and flatbed services.  It
offers over-the-road truckload services; and dedicated/private
fleet conversion, expedited, third party logistics, heavy hauling,
and brokerage services. The company also provides logistic
services, including warehouse and distribution, warehouse
management, inventory control, freight payment and audit, and
transportation control services; and reverse logistics solutions.
It serves Fortune 500 companies in the United States. The company
was founded in 1991 and is based in Shreveport, Louisiana. It
operates a terminal in Shreveport, Louisiana; and facilities in
Sibley, Louisiana; West Memphis, Arkansas; and Madisonville,
Kentucky.

Tango Transport, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Tex. Case No. 16-40642) on April 6,
2016.  The petition was signed by B.J. Gorman, president of Gorman
Group, Inc., sole member of Debtor.  The Debtor is represented by
Keith William Harvey, Esq., at The Harvey Law Firm, P.C.  The
Debtor estimated assets of $0 to $50,000 and debts of $10 million
to $50 million.


THOMPSON CREEK METALS: Moody's Reviews Caa1 CFR for Upgrade
-----------------------------------------------------------
Moody's Investors Service placed the ratings of Thompson Creek
Metals Company Inc. under review for upgrade following the
announcement of a definitive arrangement to be acquired by Centerra
Gold Inc. (Centerra, not rated).  At closing or soon thereafter,
Centerra will redeem all of Thompson Creek's secured and unsecured
notes at their call price.  Ratings under review include Thompson
Creek's Caa1 Corporate Family Rating, Caa1-PD Probability of
Default rating, its B1 senior secured rating and its Caa2 senior
unsecured ratings.

On Review for Upgrade:

Issuer: Thompson Creek Metals Company Inc.

  Probability of Default Rating, Placed on Review for Upgrade,
   currently Caa1-PD

  Corporate Family Rating, Placed on Review for Upgrade, currently

   Caa1

  Multiple Seniority Shelf, Placed on Review for Upgrade,
   currently (P)Caa2

  Senior Secured Regular Bond/Debenture, Placed on Review for
   Upgrade, currently B1(LGD2)

  Senior Unsecured Regular Bond/Debenture, Placed on Review for

   Upgrade, currently Caa2(LGD5)

Outlook Actions:

Issuer: Thompson Creek Metals Company Inc.

  Outlook, Changed To Rating Under Review From Negative

                         RATINGS RATIONALE

Thompson Creek's Caa1 corporate family rating is under review for
upgrade because all of its rated debt will be redeemed upon closing
of its acquisition by Centerra Gold.  Moody's expects to withdraw
all ratings of Thompson Creek if the acquisition closes and the
debt is redeemed.

The arrangement proposes the redemption of Thompson Creek's 9.75%
secured notes due in 2017, the 7.375% unsecured notes due in 2018,
and the 12.5% unsecured notes due in 2019, all of which are
callable now, and is expected to be financed with a combination of
a new US$325 million senior secured revolver and term loan
facility, a C$170 million bought deal subscription receipt
offering, and cash on hand at Centerra and Thompson Creek (As of
March 31, 2016, Centerra and Thompson Creek had an aggregate of
US$640 million in cash and short term investments).

The completion of the transaction is subject to the approval of
Thompson Creek's shareholders as well as certain regulatory
approvals and customary conditions.  The review will conclude once
the acquisition closes and Thompson Creek's debt is redeemed,
likely in the fall of 2016.

Thompson Creek Metals Company Inc., owns and operates the Mt.
Milligan Mine, an open-pit copper and gold mine and concentrator in
British Columbia.  The mine life is 22 years with average expected
production of approximately 94 million pounds of copper and 286
thousand ounces of gold in the first five years of production.  The
Company also has molybdenum assets in Idaho, and British Columbia,
and its Langeloth Metallurgical Facility in Pennsylvania.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.


TOMS SHOES: Moody's Lowers CFR to Caa1, Outlook Stable
------------------------------------------------------
Moody's Investors Service downgraded the ratings of TOMS Shoes,
LLC, including the company's Corporate Family Rating to Caa1 from
B3, Probability of Default Rating to Caa1-PD from B3-PD, and senior
secured term loan rating to Caa1 from B3.  The rating outlook is
stable.

The downgrade reflects the company's high net leverage of 9.4x and
gross leverage of 9.7x (as of LTM Q1 2016, based on management
adjusted metrics) and Moody's expectations that leverage will
decline but remain elevated in the next 12-24 months.  TOMS' new
management team is implementing cost reduction and growth
initiatives, and the company saw strong revenue growth in Q4 2015
and Q1 2016, although EBITDA declined in part because of
investments to support growth initiatives.  Moody's anticipates
that the company's strategies will lead to EBITDA growth in 2017
but views TOMS' ability to meaningfully turn around its operations
and reduce leverage to a more sustainable level near 7 times as
uncertain, considering the high execution risk of implementing
multiple initiatives under significant leverage constraints and
amid a challenging retail environment.

Moody's expects management adjusted debt/EBITDA to decline to about
9 times by year end 2016 mainly as a result of revolver paydown.
Moody's anticipates that TOMS will have adequate near term
liquidity, including modestly positive annual free cash flow and
lower but still sizeable revolver borrowings in the next 12-18
months.

Moody's took these rating actions on TOMS Shoes, LLC:

   -- Corporate Family Rating, Downgraded to Caa1 from B3
   -- Probability of Default Rating, Downgraded to Caa1-PD from
      B3-PD
   -- $306.5 Million Senior Secured Term Loan due 2020, Downgraded

      to Caa1 (LGD4) from B3 (LGD3)
   -- Outlook, Changed to Stable from Negative

                         RATINGS RATIONALE

The Caa1 CFR reflects TOMS' high leverage and weak interest
coverage following a significant deterioration in operating
performance since 2014.  The rating also incorporates TOMS' small
scale, high fashion risk and limited revenue diversification
compared to the majority of rated apparel peers, with about half of
revenue derived from the alpargata line.  Moody's expects the
company to have adequate liquidity in the next 12-18 months,
including nominal cash balances, modestly positive annual free cash
flow generation and meaningful revolver borrowings.  The rating is
supported by the ongoing appeal of TOMS successful
philanthropic-based "one-for-one" product giveaway commitment,
growth outside alpargata shoes and channel diversification.

The stable outlook reflects Moody's expectations for improving
leverage and adequate liquidity.

The ratings could be downgraded if liquidity deteriorates for any
reason or if the probability of a distressed exchange or other
default increases.  In addition, the ratings could be pressured if
it appears that TOMS' is unable to execute its turnaround plan and
grow earnings, or if its core product and philanthropic
"one-for-one" shoe giveaway commitment is no longer resonating
strongly with consumers.

The ratings could be upgraded if TOMS achieves and sustains revenue
and EBITDA growth for a prolonged period, while profitably
diversifying its revenues.  A higher rating would require
significantly lower leverage and maintenance of adequate
liquidity.

TOMS Shoes, LLC is a designer, retailer and wholesaler primarily of
footwear under the TOMS brand.  TOMS' commitment to donating one
free product for each one sold is a cornerstone of its business
strategy.  The company's products are sold globally in the
wholesale channel and directly to consumers primarily through
ecommerce.  Revenue for the twelve months ended March 31, 2016 was
about $416 million.  The company was founded by Mr. Blake Mycoskie
in 2006 and Bain Capital acquired a 50% ownership stake in October
2014.

The principal methodology used in these ratings was Global Apparel
Companies published in May 2013.


TOSHIBA SAMSUNG: Chapter 15 Case Summary
----------------------------------------
Chapter 15 Petitioner: Dae Sung Cho

Chapter 15 Debtor: Toshiba Samsung Storage Technology Korea  
                   Corporation
                   88 Sinwon-ro
                   Suwon city Yoengtong-gu 16681
                   South Korea

Chapter 15 Case No.: 16-11602

Type of Business: The Company is engaged in the business of
research & development, manufacture, sale, export/import and
provision of operation and maintenance technology service for
optical disc devices, and the application equipment and related
parts.

Chapter 15 Petition Date: July 5, 2016

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

Judge: Hon. Christopher S. Sontchi

Chapter 15 Petitioner's Counsel: Curtis S. Miller, Esq.
                                 MORRIS, NICHOLS, ARSHT & TUNNELL
                                 LLP
                                 1201 N. Market St.
                                 Wilmington, DE 19801
                                 Tel: 302-351-7412
                                 Fax: 302-425-3080
                                 E-mail: cmiller@mnat.com

                                   - and -

                                 Tamara K. Minott, Esq.
                                 MORRIS, NICHOLS, ARSHT & TUNNELL

                                 LLP
                                 1201 North Market Street
                                 PO BOX 1347
                                 Wilmington, DE 19866
                                 Tel: 302-658-9200
                                 Fax: 302-658-3989
                                 E-mail: tminott@mnat.com

Total Assets: KRW 64.76 billion as of March 31, 2016

Total Debts: KRW 91.16 billion as of March 31, 2016

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

             http://bankrupt.com/misc/deb16-11602.pdf


TOSHIBA SAMSUNG: Disc Drive JV Unit Seeks Ch. 15 Protection
-----------------------------------------------------------
Toshiba Samsung Storage Technology Korea Corporation, a unit of
Toshiba Corp., sought and obtained an order from the 6th Bankruptcy
Division of the Seoul Central District Court commencing
rehabilitation proceeding with respect to the Company under the
Debtor Rehabilitation and Bankruptcy Act, as amended.  The
Commencement Order, entered June 16, 2016, authorized Dae Sung Cho
to act as trustee of the Company's assets.

The Company, which manufactures and sells optical disc drives in
South Korea, cited the decline in the ODD market and uncertain
future business prospects as the causes of its financial
difficulties.  The Debtor intends to operate as a going concern
while it undergoes rehabilitation.

Toshiba Corp., is subject to a pending infringement suit filed by
LG Electronics, Inc., in the Federal District Court of Delaware.
The suit relates to a five-year free cross patent license agreement
between Toshiba and LG, which also provided the Company, as
Toshiba's subsidiary, the benefit of free patent license.  On its
expiration at the end of 2011, Toshiba and LG commenced a
discussion for the renewal of the agreement and LG requested a
royalty no less than $667 million due to the Company's ODDs.  The
renewal was not successful and LG filed the infringement suit
asserting four patents against the Company on Aug. 22, 2012.

Dae Sung Cho, as foreign representative of the Company, filed a
Chapter 15 petition in the U.S. Bankruptcy Court for the District
of Delaware (Bankr. D. Del. Case No. 16-11602) on July 5, 2016,
seeking recognition in the United States of the Korean Proceeding.
The Chapter 15 case is assigned to Judge Christopher S. Sontchi.
The petitioner is represented by Morris, Nichols, Arsht & Tunnell
LLP as counsel.

As of March 31, 2016, the Company had total assets of KRW 64.76
billion and total debts of KRW 91.16 billion, Court documents
show.

Founded in 2004, the Company offers BD-writers, optical smart hubs,
DVD-writers, and DVD-ROMs.


TRANSOCEAN INC: Moody's Assigns B1 Rating on $1.5BB Sr. Notes
-------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Transocean Inc.'s
offering of $1.5 billion senior notes due 2023. Concurrently,
Moody's has downgraded the existing senior notes ratings to Caa1
from B2.  Transocean's B2 Corporate Family Rating and the B2-PD
Probability of Default Rating (PDR) were affirmed.  The company's
Speculative Grade Liquidity Rating (SGL) of SGL-1 was affirmed and
the rating outlook is stable.

The proposed senior notes will be unsecured but will be guaranteed
by certain Transocean subsidiaries and its parent company,
Transocean Ltd.  The proceeds of the notes offering will be used to
repurchase outstanding notes as outlined in a simultaneously
announced tender offer and for general corporate purposes.

"This senior notes offering and concurrent tender offer will
improve Transocean's debt maturity profile and enhance its already
very good liquidity position," said Pete Speer, Moody's Senior Vice
President.  "However, the existing senior notes that remain
outstanding will be structurally subordinated to the new notes
following this transaction, which resulted in the downgrade of the
existing senior notes ratings."

Downgrades:

Issuer: Transocean Inc.
  Senior Unsecured Regular Bond/Debentures, Downgraded to Caa1
   (LGD 5) from B2 (LGD 4)

Assignments:

  Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD 3)

Affirmations:

  Probability of Default Rating, Affirmed B2-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-1
  Corporate Family Rating, Affirmed B2

Outlook Actions:

  Outlook, Remains Stable

                         RATINGS RATIONALE

The assigned B1 rating on Transocean's proposed $1.5 billion senior
notes due 2023 is one notch higher than the B2 CFR, reflecting the
new notes' structurally superior position in Transocean's capital
structure relative to the existing senior notes and revolving
credit facility.  The new senior notes will be guaranteed by newly
formed intermediate holding company subsidiaries, effectively
giving the new notes a priority claim to the assets held by
Transocean's operating and other subsidiaries.

The structural subordination of Transocean's existing senior notes
resulted in these notes being downgraded to Caa1 from B2, or two
notches below the B2 CFR.  The existing senior notes are unsecured
and have no subsidiary guarantees and therefore their claim to the
assets held by Transocean's operating and other subsidiaries will
be subordinate to the claims of the new notes.

Under Moody's Loss Given Default Methodology, the significant
amount of debt structurally subordinated to the new notes would
indicate a Ba3 rating for the new notes, while the revolving credit
facility remaining pari passu with the existing notes would
indicate a B3 rating for the existing notes.  Moody's views the
assigned B1 and Caa1 ratings as more appropriate given the
potential for the revolving credit facility to become pari passu
with the new notes or even secured in the future, and the potential
for other future secured debt issuances as Transocean continues to
manage its debt maturities and the existing senior unsecured notes
become a smaller portion of the overall capital structure.  Moody's
observes that depending on the amount of any future secured debt
issuances, the B1 rating on the new notes could be downgraded.

Transocean's B2 CFR reflects Moody's expectation that the company's
financial leverage will rise through 2017 and then will likely
increase substantially in 2018 based on Moody's outlook for weak
dayrates and stagnant or declining rig utilization.  The company
has more new rig construction commitments than many of its peers.
But Transocean has been very successful in deferring many of those
capital spending commitments into 2019 and beyond.  The B2 rating
is supported by the company's proactive measures to reduce
operating costs, address debt maturities and enhance operational
utilization for its active rigs, its very good liquidity and its
large and diverse offshore drilling rig fleet.

Transocean's SGL-1 Speculative Grade Liquidity rating reflects very
good liquidity through 2017 because of its sizable cash balance and
borrowing availability under its credit facility. The company had
$2.6 billion of unrestricted cash at March 31, 2016 and full
availability under its $3.0 billion revolving credit facility.  The
cash balance and operating cash flow should more than cover
anticipated capital expenditures and debt maturities through 2017.
At March 31, 2016, Transocean had $974 million, $568 million and
about $1 billion of senior notes maturing in 2016, 2017, and 2018,
respectively.  The issuance of the new notes and announced tender
offer for existing senior notes maturing in 2020 through 2022 will
effectively refinance a portion of those maturities while
increasing cash balances for the nearer term maturities.  Moody's
expects that the company will use any remaining proceeds of the new
notes following the tender offer and existing cash balances to
repay its upcoming debt maturities.

The committed bank revolving credit facility matures in June 2019
and has one financial maintenance covenant, limiting debt to
capitalization to 60%.  There is good headroom to remain in
compliance through 2017.  Asset sales, while challenging given the
market conditions for offshore drilling rigs, can be used to raise
cash since the company's assets are unencumbered.  The sale of
Transocean's equity interests in Transocean Partners is an
additional source of liquidity, if needed, although current market
conditions may make such sales challenging.

The stable outlook incorporates the company's very good liquidity
to offset the weak offshore drilling environment and Moody's
expectation that Debt/EBITDA will increase to over 5x in 2017.

An upgrade is unlikely given our expectations for rising financial
leverage over the next few years.  If Debt/EBITDA can be sustained
below 5x beyond 2017 in a stable or improving offshore drilling
market then the ratings could be upgraded.  Obtaining customer
contracts on rigs under construction at healthy dayrates would be
supportive of an upgrade.  The ratings could be downgraded if
Debt/EBITDA rises above 6x on a sustained basis or the company is
not able to maintain ample liquidity in advance of its debt
maturities.  Debt funded acquisitions or a material loss of backlog
could also pressure the ratings.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in December 2014.

Transocean Inc. is a wholly-owned subsidiary of Transocean Ltd., a
leading international offshore drilling contractor operating in
every major offshore producing basin around the world.


TRANSOCEAN INC: S&P Assigns 'BB-' Rating on Planned $1.5BB Notes
----------------------------------------------------------------
S&P Global Ratings said that it assigned its 'BB-' issue-level and
'3' recovery ratings to Transocean Inc.'s planned $1.5 billion
senior unsecured notes due 2023. Certain of Transocean's
subsidiaries and parent company Transocean Ltd. will provide
guarantees.  The company expects to use proceeds from the
transaction for refinancing existing debt and for general corporate
purposes.

S&P also assigned a '3' recovery rating, reflecting its expectation
of meaningful (50% to 70%, higher end of the range) recovery to
creditors in the event of a payment default.

The 'BB-' long-term corporate credit rating on Transocean and
'BB-' issue-level and '3' recovery ratings on its existing senior
unsecured debt are unchanged.

The ratings on Transocean reflect S&P's assessment of the company's
satisfactory business risk profile, aggressive financial risk
profile, and strong liquidity.  S&P's ratings incorporate the
company's position as the largest global offshore drilling company
and our view of the fleet's significant deepwater and midwater
component as being less competitive during an industry downturn.
The company's fleet is also somewhat older than several of its
industry peers.  S&P notes that Transocean is investing in new
high-specification rigs, which ultimately, will improve its
competiveness, and the company has moved aggressively to retire
less marketable, lower-specification equipment.  The negative
outlook reflects S&P's expectation that Transocean's credit
measures will weaken as contracts roll off and weak demand results
in difficulty replacing them.

RATINGS LIST

Transocean Inc.
Corporate credit rating                         BB-/Negative/--

New Ratings
Transocean Inc.
$1.5 bil proposed sr unsecd nts due 2023       BB-
  Recovery rating                               3H


USA DISCOUNTERS: Inks Deal to Resolve Colorado Lawsuit
------------------------------------------------------
Jacqueline Palank, writing for The Wall Street Journal, reported
that liquidating retailer USA Discounters will offer debt relief to
settle litigation accusing it of scamming its Colorado customers,
including military service members.

According to the report, the defunct retailer, accused in multiple
states of unfair financing terms and improper debt-collection
efforts, particularly against military members, is asking the U.S.
Bankruptcy Court in Wilmington, Del., to authorize a settlement
agreement with the state of Colorado.  USA Discounters said the
settlement, negotiated "on the eve of trial," marks a significant
step forward in its bid to wrap up its bankruptcy liquidation, the
report related.

"The settlement of the Colorado litigation resolves one of the open
contingencies in these cases and signals to creditors and parties
in interest that the debtors are indeed committed to working in
good faith toward resolution of the remaining open contingencies
that have thus far blocked the debtors' path to prosecution of a
chapter 11 plan," the Journal further related, citing court papers
filed by USA Discounters.

           About USA Discounters

USA Discounters, Ltd., was founded in May 1991. In the City of
Norfolk, Virginia, under the name USA Furniture Discounters, Ltd.
It sold goods through two groups of stores -- one group of
specialty retail stores operating under the "USA Living" brand,
typically in standalone locations, and seven additional retail
stores operating under the "Fletcher's Jewelers" brand, typically
in major shopping malls.

USA Discounters, Ltd., and two affiliates sought Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 15-11755) on
Aug. 24, 2015, to wind down the business.

The Debtors tapped Pachulski Stang Ziehl & Jones LLP and Klee,
Tuchin, Bogdanoff & Stern LLP as attorneys, and Kurtzman Carson
Consultants, LLC, as claims and noticing agent.

USA Discounters Ltd. disclosed total assets of $97,490,455 plus an
undetermined amount and total liabilities of $63,011,206 plus an
undetermined amount.

The Official Committee of Unsecured Creditors is represented by
Kelly Drye & Warren LLP as lead counsel, Khler Harrison Harvey
Branzburg LLP as its Delaware co-counsel.  FTI Consulting, Inc.,
serves as its financial advisor.


VIRGIN ISLANDS WAPA: Moody's Lowers Rating on Electric Bonds to B1
------------------------------------------------------------------
Moody's Investors Service has downgraded the Virgin Islands Water
and Power Authority's (VI WAPA) senior electric system revenue bond
rating to B1 from Ba2 and the electric system subordinated revenue
bond rating to B2 from Ba3.  The rating outlook is negative.  This
rating action concludes the rating review for downgrade that was
initiated on March 31, 2016, and continued on June 2, 2016.

As of June 30, 2016, the authority had approximately $127 million
in electric system revenue bonds outstanding and approximately $100
million in subordinated electric system revenue bonds.

The rating action is prompted by growing pressure on VI WAPA's
financial longer-term prospects in light of the authority's direct
exposure to economic stresses in the U.S. Virgin Islands and an
inability to disconnect itself from local economic conditions, from
the slow albeit improved payment pattern of governmental customers
and a very high adjusted net pension liability (around $220
million).  The amount of this pension liability, which approximates
VI WAPA's funded debt, was disclosed for the first time in the
Authority's 2015 financials, which were recently published.

The rating action also considers the authority's weak liquidity
management characterized by the failure to extend drawn credit
lines of around $23 million until their due date end of June 2016.
Moody's understands that FirstBank Puerto Rico has extended its
line of credit for one year and VI WAPA is still in negotiations
with Banco Popular de Puerto Rico to extend the credit lines in the
coming days.  VI WAPA has historically relied on these credit lines
to manage working capital and governmental receivables pressure.
Should all of VI WAPA's lines of credit be extended, as we
anticipate, undrawn availability under the lines is limited.
Moreover, we estimate that VI WAPA currently has around $26 million
of cash on balance sheet including the proceeds from the $13
million Rural Utilities Services (RUS) loan.  VI WAPA's liquidity
profile is further pressured by the need to repay its fuel
supplier, Trafigura Trading LLC, past due amounts that approximate
$25 million.  While Moody's expectation is that these amounts will
be paid in small increments over an intermediate time frame, the
repayment of these obligations add stress to the liquidity
profile.

A positive for bondholders is that debt service on the senior lien
and subordinated bonds benefits from a fully funded debt service
fund and a fully funded debt service reserve fund which cover debt
service by around 1.6 times.  Moreover, Moody's acknowledges the
potential benefit to VI WAPA's credit quality from the incremental
revenue growth if the Public Services Commission of the Virgin
Islands (PSC) completes the pending base rate hearing process as
well as an additional hearing of a previously denied emergency rate
case filing.  However, such revenue increases, should they occur,
need to translate into a sustained improvement in liquidity and
financial metrics.  As a point of reference, while PSC approved
rate increases have strengthened the Authority's financial
performance, Moody's calculates that its fixed charge coverage
ratio was below 1.0x for four of the past five years.

VI WAPA's rating recognizes the challenges of operating within an
island economy with relatively sluggish growth, high unemployment
and a narrow local economy that is dependent on discretionary
tourism, and the ongoing struggle of the authority to cover its
cost base and operate its facilities efficiently given significant
excess capacity, the age of its equipment and high retail rates.
The rating acknowledges the regulatory support the utility has
received as it has progressed toward the near completion of a
project to convert its base-load generation resources from
oil-fueled to tri-fueled (initially propane), thereby lowering the
cost of electricity for Virgin Islands ratepayers while reducing
its deferred fuel balances.  Moody's views the completion of this
project as an important milestone towards strengthening VI WAPA's
long-term credit quality.  That said, the conversion project, while
likely to be completed this year, has been delayed and is
substantially more costly than originally contemplated.  VI WAPA
faces a $150 million obligation to the contractor VITOL that will
amortize over 10 years starting after the completion of the
LPG/propane-based power generation project later this year.

Rating Outlook

The negative rating outlook reflects the authority's weak liquidity
profile, which Moody's believes will persist, assuming its existing
credit facilities are refinanced, in the absence of incremental
revenue growth and better liquidity management.

Factors that Could Lead to an Upgrade

A rating upgrade is currently unlikely. However the outlook could
be stabilized in case of:

  Successful refinancing of all outstanding credit lines
  Rate increases supporting improved cost recovery and translating

   into better liquidity and the improvement of financial metrics
   with Moody's total fixed charge coverage ratio improving to
   1.0x

Factors that Could Lead to a Downgrade

  Further deterioration in VI WAPA's liquidity profile and
   financial metrics which threaten the long-term sustainability
   of the authority

Legal Security

VI WAPA's senior lien electric system revenue bonds are secured by
a pledge of net electric revenues and certain other funds as
defined in the bond resolution (water revenues are not pledged).
The electric system revenue bonds have a rate covenant of 1.25x and
a debt service fund requirement equal to the lesser of (i) 10% of
aggregate bond proceeds, (ii) maximum aggregate annual debt service
or (iii) 125% average aggregate annual debt service.

Use of Proceeds
Not applicable.

Obligor Profile

VIWAPA is an independent governmental agency of the U.S Virgin
Islands and was created in 1964.  Its electric system is a monopoly
provider of electric service to nearly 55,000 customers on St.
Thomas, St. Croix, St. John, Water Island and Hassel Island.  Its
water system, although not a virtual monopoly provider, provides
water service to more than 12,000 customers. Unlike the majority of
publicly owned entities, the rates of both the electric and water
systems are regulated by the PSC.  The water and the electric
system are independently financed with separate liens on net
revenues securing the outstanding debt of each system.  Moody's
only rates debt of the electric system and the authority provides
separate accounting for each system.

Other Considerations - Mapping to the Grid

The grid is a reference tool that can be used to approximate credit
profiles in the industry in most cases.  However, the grid is a
summary that does not include every rating consideration. Please
see US Public Power Electric Utilities with Generation Ownership
Exposure for information about the limitations inherent to grids.

The grid indicated rating for VIWAPA is B1 consistent with the
assigned rating.

Based on three year average credit metrics.

Methodology

The principal methodology used in this rating was US Public Power
Electric Utilities With Generation Ownership Exposure published in
March 2016.


WAYZATA-ROCHESTER: Taps Steven B. Nosek as Bankruptcy Counsel
-------------------------------------------------------------
Wayzata-Rochester 16 Hospitality Associates, LLC, seeks permission
from the U.S. Bankruptcy Court for the District of Minnesota to
employ Steven B. Nosek, Esq., Attorney at Law, as attorney.

The services to be rendered by Mr. Nosek include pre-petition
planning, analysis of the Debtor's financial situation, planned use
of cash collateral, post-petition financing, and the rendering of
advice and assistance to determine if Debtor should file a Petition
for Relief under Title 11 of the U.S. Code, preparation and filing
of a Petition for Relief, Statement of Financial Affairs, and other
documents required by this Court, representation of the Debtor at
expected adversary proceedings, motions, meetings of creditors and
formulation of a Plan of Reorganization of the Debtor's business.

Mr. Nosek will be paid $300 per hour for his services.

Mr. Nosek assures the Court that he doesn't hold any interest that
is adverse to the Debtor or the Debtor's Estate and should
therefore be considered a disinterested party within the meaning of
and pursuant to Section 327 of the U.S. Bankruptcy Code.

The counsel can be reached at:

     Steven B. Nosek, Esq., Attorney at Law
     2855 Anthony Lane South, Suite 201
     St. Anthony, MN 55418
     E-mail: snosek@noseklawfirm.com

Headquartered in Wayzata, Minnesota, Wayzata-Rochester 16
Hospitality Associates, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. D. Minn. Case No. 16-32038) on June 27, 2016,
estimating its assets at between $1 million and $10 million.  The
petition was signed by Robert S. Snyder, manager.

Judge William J. Fisher presides over the case.

Steven B. Nosek, Esq., at Steven Nosek, P.A., serves as the
Debtor's bankruptcy counsel.


WTB 5 ENTERPRISES: Hires Aviles & Associates as Accountant
----------------------------------------------------------
WTB 5 Enterprises, LLC, asks for permission from the U.S.
Bankruptcy Court for the District of Arizona to employ Edith Pando,
the Director of Financial Operations of Aviles & Associates, LLC,
dba A&A Accounting and Tax Services as accountant.

Ms. Pando will render these professional services:

     a. monthly accounting services and preparation of monthly
        financial statements;

     b. providing the Debtor with accounting advice and guidance
        regarding daily business activity, cash flow and general
        management;

     c. assisting the Debtor with preparation of monthly reports
        required by the U.S. Trustee; and

     d. preparation of post-petition yearly state and federal tax
        returns.

Ms. Pando will provide the services to prepare monthly financial
statements for a monthly fee of $1,000 to be paid by the 20th day
of the month after the last day of each month.  Ms. Pando will be
paid $150 per hour for providing accounting advice and guidance
regarding daily business activity, cash flow and general
management; assisting the Debtor with preparation of monthly
reports required by the U.S. Trustee; and preparation of
post-petition yearly state and federal tax returns.  Ms. Pando will
be paid $75 per hour for services performed by non-certified staff
members of AA, plus reimbursement for actual out-of-pocket costs,
including travel and postage.  These hourly rates are subject to
periodic adjustments to reflect economic and other conditions, and
with respect to those individuals below the level of member, to
reflect their increased experience and expertise.

Ms. Pando represents no interest adverse to the Debtor or the
estate in the matters upon which she is to be engaged for the
Debtor, and her employment would be in the best interest of this
estate.

Ms. Pando can be reached at:

     Edith Pando Almuina
     AVILES & ASSOCIATES, LLC
     5716 N. 19th Avenue
     Phoenix, AZ 85015
     Tel: (602) 995-1040

Wtb 5 Enterprises, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-04074) on April 15,
2016.  The petition was filed pro se.


[*] Law Firm Mergers Keep Pace with 2015's Record
-------------------------------------------------
Elizabeth Olson, writing for The New York Times' DealBook, reported
that law firm mergers are keeping pace with 2015's record, with a
total of 48 deals announced through the end of June, according to
figures from Altman Weil MergerLine.

According to The DealBook, most of the activity involved smaller
firms, which are increasingly stressed as they compete with others
for less work.  New York and Florida were notably busy markets for
law firm combinations, the DealBook said.

Over all last year, there were 91 law firm mergers, a number that
could be exceeded this year as firms continue to look for ways to
flourish, or just to keep afloat, the DealBook related.

"Small firms are increasingly vulnerable in the current market,"
Eric A. Seeger, a principal at Altman Weil, a legal consulting firm
in Newtown Square, Pa., told the DealBook.  "There's more
competition for less work, and small firms need a strategy to avoid
being squeezed out.  That may mean building a bigger platform or
being acquired by a firm that already has a broader foundation."

In the second quarter of 2016, 93 percent of the combinations
involved firms with fewer than 25 lawyers, the report related.
Almost half of the acquirers had 50 or fewer lawyers and focused on
absorbing firms in the same city or state, the report said.

The largest deal in the last three months was the merger of Husch
Blackwell, which is based in Kansas City, Mo., and has 560 lawyers,
with Whyte Hirschboeck Dudek, based in Milwaukee and with 144
lawyers, for an overall head count of more than 700 lawyers, the
report further related.

New York City proved to be a deal breeding ground, DealBook notes,
pointing out the acquisition of Greenspoon Marder, a 172-lawyer
firm with headquarters in Florida, of Jacob Medinger & Finnegan, a
nine-person firm in Manhattan.  Boies Schiller, a New York
litigation powerhouse, added a specialist in white-collar
litigation, O'Shea Partners, the report also noted.  Wilson Elser
combined with Jankoff & Gabe, a three-lawyer firm in the city, the
report added.

Philadelphia-based law firms also were busy on the acquisition
front, the report said, pointing to Cozen O'Connor's addition of
Feldman Gale, a 15-lawyer intellectual property litigation firm in
Miami.  Fox Rothschild picked up Rothenberg Hyett Eisen & Lang, a
three-lawyer firm in Boca Raton, Fla., and a second three-lawyer
firm, Myers Kenney, in San Francisco, the report further noted.

Also, in late June, Blank Rome, a large Philadelphia firm that this
year acquired the former Washington firm Dickstein Shapiro, said it
was adding Phillips Lerner, a four-lawyer family law firm in Los
Angeles, the report added.


[*] Myers Earns Certified Turnaround Professional Certification
---------------------------------------------------------------
EisnerAmper LLP on July 6 disclosed that Joseph Myers, a Director
in the firm's Bankruptcy and Restructuring Group in Iselin, New
Jersey, has been awarded the prestigious designation of Certified
Turnaround Professional (CTP) by the Turnaround Management
Association.  Mr. Myers becomes just the eleventh CTP in New Jersey
and joins three other EisnerAmper professionals -- Allen Wilen,
CTP, Tom Buck, CTP, and Anthony Calascibetta CTP -- in this very
select company.

In making the announcement, Allen Wilen, partner-in-charge of
EisnerAmper's Bankruptcy and Restructuring Group said, "I
congratulate Joe on this important achievement.  Having one, let
alone four, CTPs on our team is a differentiating factor that helps
make EisnerAmper's Bankruptcy and Restructuring Group a clear
choice for clients seeking the very highest level of expertise and
service."

In an otherwise unregulated profession, the CTP designation is an
highly valued and objective measure of a person's experience,
knowledge, and integrity that is deemed to be required to conduct
corporate renewal work.

The CTP designation recognizes a proven track record and years of
experience in working with companies or large business units that
are in financial crisis.  To attain the certification candidates
must hold, or have held, positions such as Chief Restructuring
Officer, Turnaround Team Leader, or Interim Manager; and they must
demonstrate substantial knowledge and grasp of the legal,
financial, and management aspects of a turnaround.

                     About EisnerAmper LLP

EisnerAmper LLP is an accounting and business advisory services
firm and among the largest in the United States.  EisnerAmper
provides audit, accounting, and tax services, as well as corporate
finance, internal audit and risk management, litigation consulting
and forensic accounting, information technology, and other
professional services to a broad range of clients, including
services to more than 200 public companies.  The firm features 180
partners and principals and approximately 1,400 professionals.

      About EisnerAmper's Bankruptcy & Restructuring Group

EisnerAmper's Bankruptcy & Restructuring Group provides
restructuring and investigative advisory services to distressed
companies, unsecured creditors, senior lenders and trustees in the
middle market environment.

      About the Turnaround Management Association (TMA)

The TMA is a professional community dedicated to turnaround
management and corporate renewal.  TMA's strength comes from its
diverse membership -- professionals from many disciplines committed
to a common goal: to stabilize and revitalize corporate value.  TMA
provides members the opportunity to network and attend educational
sessions to hone their corporate renewal skills and expand their
contacts.


[*] Total Bankruptcy Filings Decline in First Half of 2016
----------------------------------------------------------
The American Bankruptcy Institute reported that total bankruptcy
filings declined 6 percent during the first six months of 2016.

Filings from Jan. 1 through June 30, 2016 declined to 398,495,
compared to 422,914 total filings during the same period a year
ago.  Noncommercial filings declined 7 percent from 407,843 in the
first half of 2015 to 379,025 in the first half of this year.

Total commercial filings, however, through June 30 this year
increased 29 percent to 19,740 compared to 15,071 during the first
half of 2015.

Commercial chapter 11 filings also climbed during the first half of
2016 as the 3,220 filings represented a 25 percent increase over
the 2,575 commercial chapter 11 filings during the first six months
of 2015.

In June, total commercial filings reached 3,294, a 35 percent
increase compared to 2,442 filings in June 2015. Total
noncommercial filings in June, 62,990, represented a 7 percent
decline from 67,330 in June 2015.

"Commercial chapter 11 filings registered a 36 percent increase, as
the 366 commercial chapter 11 filings in June 2015 climbed to 499
in June 2016.

There were 66,284 total bankruptcy filings in June this year, a 5
percent drop from 69,772 in June 2015.

"As economic challenges continue to weigh on the balance sheets of
struggling companies, especially those in energy and retail, more
businesses are seeking the financial fresh start of bankruptcy,"
said ABI Executive Director Samuel J. Gerdano.  "Commercial
bankruptcy filings for 2016 will likely total close to 40,000."

The average nationwide per capita bankruptcy-filing rate in June
was 2.56 (total filings per 1,000 per population); the same as the
first five months of 2016. There were 2,210 average total filings
per day in June 2016, a 5 percent decrease from 2,326 per day in
June 2015.

States with the highest per capita filing rate (total filings per
1,000 population) through the first six months of 2016 include:
Tennessee (5.63); Alabama (5.37); Georgia (4.65); Illinois (4.29);
and Utah (4.15.)


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Valtair Souza
   Bankr. D.N.J. Case No. 16-22379
      Chapter 11 Petition filed June 24, 2016
         See http://bankrupt.com/misc/njb16-22379.pdf
         Filed Pro Se

In re CompCare Medical, Inc.
   Bankr. C.D. Cal. Case No. 16-15707
      Chapter 11 Petition filed June 27, 2016
         See http://bankrupt.com/misc/cacb16-15707.pdf
         represented by: Todd L Turoci, Esq.
                         THE TUROCI FIRM
                         E-mail: mail@theturocifirm.com

In re AFM Fine Restaurants Corporation
   Bankr. S.D. Cal. Case No. 16-03869
      Chapter 11 Petition filed June 27, 2016
         See http://bankrupt.com/misc/casb16-03869.pdf
         represented by: Bill Parks, Esq.
                         LAW OFFICE OF BILL PARKS
                         E-mail: attparks@aol.com

In re Arturo Enrique Bobadilla
   Bankr. S.D. Fla. Case No. 16-19061
      Chapter 11 Petition filed June 27, 2016
         represented by: Elias Leonard Dsouza, Esq.
                         E-mail: dtdlaw@aol.com

In re Mohammad H. Ardehali and Maliheh M. Ardehali
   Bankr. N.D. Ill. Case No. 16-20796
      Chapter 11 Petition filed June 27, 2016
         represented by: David P Lloyd, Esq.
                         DAVID P. LLOYD, LTD.
                         E-mail: courtdocs@davidlloydlaw.com

In re Donna L. Ronson
   Bankr. D. Kan. Case No. 16-21213
      Chapter 11 Petition filed June 27, 2016
         represented by: Jeffrey A. Deines, Esq.
                         LENTZ CLARK DEINES PA
                         E-mail: jdeines@lcdlaw.com

In re Abe Q. Mills Trucking Co.
   Bankr. S.D. Miss. Case No. 16-02068
      Chapter 11 Petition filed June 27, 2016
         See http://bankrupt.com/misc/mssb16-02068.pdf
         represented by: Craig M. Geno, Esq.
                         LAW OFFICES OF CRAIG M. GENO, PLLC
                         E-mail: cmgeno@cmgenolaw.com

In re Ronald Lancz
   Bankr. D.N.J. Case No. 16-22352
      Chapter 11 Petition filed June 27, 2016
         represented by: Brian W. Hofmeister, Esq.
                         LAW FIRM OF BRIAN W. HOFMEISTER
                         E-mail: bwh@hofmeisterfirm.com

In re James C. Trocchia
   Bankr. D.N.J. Case No. 16-22359
      Chapter 11 Petition filed June 27, 2016
         represented by: David E. Shaver, Esq.
                         BROEGE, NEUMANN, FISCHER & SHAVER
                         E-mail: dshaver@bnfsbankruptcy.com

In re Josephine Valletta
   Bankr. E.D.N.Y. Case No. 16-72853
      Chapter 11 Petition filed June 27, 2016
         represented by: Roy J Lester, Esq.
                         E-mail: rlester@rlesterlaw.com

In re John J. Gorman
   Bankr. W.D. Tex. Case No. 16-10740
      Chapter 11 Petition filed June 27, 2016
         represented by: Kell C. Mercer, Esq.
                         KELL C. MERCER, P.C.
                         E-mail: kell.mercer@mercer-law-pc.com

In re Nelson Oswaldo Evangelista, Sr. and Liliana Ambar
Evangelista
   Bankr. C.D. Cal. Case No. 16-18592
      Chapter 11 Petition filed June 28, 2016
         represented by: Anthony Obehi Egbase, Esq.
                         LAW OFFICES OF ANTHONY O EGBASE & ASSOC
                         E-mail: info@aoelaw.com

In re E&L Young Enterprises, Inc
   Bankr. N.D. Cal. Case No. 16-41784
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/canb16-41784.pdf
         represented by: Charles Alex Naegele, Esq.
                         C. ALEX NAEGELE, A PROFESSIONAL LAW CORP
                         E-mail: alexnaegelelaw@gmail.com

In re Stellar Media DG LLC
   Bankr. N.D. Cal. Case No. 16-41790
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/canb16-41790.pdf
         Filed Pro Se

In re JHB Enterprises LLC, d/b/a Backhaus
   Bankr. M.D. Fla. Case No. 16-04288
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/flmb16-04288.pdf
         represented by: Michael A Paasch, Esq.
                         MATEER & HARBERT PA
                         E-mail: mpaasch@mateerharbert.com

In re Florida Forest Products
   Bankr. N.D. Fla. Case No. 16-10148
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/flnb16-10148.pdf
         represented by: Angela M. Ball, Esq.
                         ANGELA M. BALL, P.A.
                         E-mail: aball_law@hotmail.com

In re Jean C Andrade
   Bankr. S.D. Fla. Case No. 16-19085
      Chapter 11 Petition filed June 28, 2016
         represented by: Brett A Elam, Esq.
                         FARBER + ELAM, LLC
                         E-mail: belam@brettelamlaw.com

In re Portland Guild LLC
   Bankr. E.D.N.Y. Case No. 16-42852
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/nyeb16-42852.pdf
         represented by: Matthew C. Heerde, Esq.
                         LAW OFFICE OF MATTHEW C. HEERDE
                         E-mail: mheerde@heerdelaw.com

In re Brooklyn Guild LLC
   Bankr. E.D.N.Y. Case No. 16-42853
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/nyeb16-42853.pdf
         represented by: Matthew C. Heerde, Esq.
                         LAW OFFICE OF MATTHEW C. HEERDE
                         E-mail: mheerde@heerdelaw.com

In re Albany Deli and Meat Corp.
   Bankr. E.D.N.Y. Case No. 16-42878
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/nyeb16-42878.pdf
         represented by: Michael A. King, Esq.
                         E-mail: Romeo1860@aol.com

In re Alexis Duprey Colon and Sonja A Alvarez Nazario
   Bankr. D.P.R. Case No. 16-05086
      Chapter 11 Petition filed June 28, 2016
         represented by: Wanda I. Luna Martinez, Esq.
                         E-mail: quiebra@gmail.com

In re Gustavo Arango Inc
   Bankr. D.P.R. Case No. 16-05118
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/prb16-05118.pdf
         represented by: Carmen D Conde Torres, Esq.
                         C. CONDE & ASSOC
                         E-mail: notices@condelaw.com

In re South Caribbean Block Inc
   Bankr. D.P.R. Case No. 16-05121
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/prb16-05121.pdf
         represented by: Myrna L Ruiz Olmo, Esq.
                         MRO ATTORNEYS AT LAW, LLC
                         E-mail: mro@prbankruptcy.com

In re R Duke Enterprises, LLC
   Bankr. N.D. Tex. Case No. 16-32504
      Chapter 11 Petition filed June 28, 2016
         See http://bankrupt.com/misc/txnb16-32504.pdf
         represented by: Joyce W. Lindauer, Esq.
                         JOYCE W. LINDAUER ATTORNEY, PLLC
                         E-mail: joyce@joycelindauer.com

In re Bountiful Blessings Cathedral
   Bankr. D. Md. Case No. 16-18749
      Chapter 11 Petition filed June 29, 2016
         See http://bankrupt.com/misc/mdb16-18749.pdf
         represented by: William C. Johnson, Jr., Esq.
                         E-mail: wcjjatty@yahoo.com

In re Shepherd I, LLC
   Bankr. D. Md. Case No. 16-18750
      Chapter 11 Petition filed June 29, 2016
         See http://bankrupt.com/misc/mdb16-18750.pdf
         represented by: Randy McRae, Esq.
                         E-mail: rmcrae55@verizon.net

In re Harrikissoon Harripersad
   Bankr. E.D.N.Y. Case No. 16-42910
      Chapter 11 Petition filed June 29, 2016
         See http://bankrupt.com/misc/nyeb16-42910.pdf
         represented by: Anthony J Gallo, Esq.
                         AJ GALLO ASSOCIATES, P.C.
                         E-mail: gallobk@ajgalloassociates.com

In re The Culture Project, Inc.
   Bankr. S.D.N.Y. Case No. 16-11874
      Chapter 11 Petition filed June 29, 2016
         See http://bankrupt.com/misc/nysb16-11874.pdf
         represented by: Joel Shafferman, Esq.
                         SHAFFERMAN & FELDMAN, LLP
                         E-mail: joel@shafeldlaw.com

In re Ronald Mearle Condren and Betty Marie Condren
   Bankr. N.D. Ohio Case No. 16-61366
      Chapter 11 Petition filed June 29, 2016
         represented by: Edwin H. Breyfogle, Esq.
                         E-mail: edwinbreyfogle@sssnet.com

In re Michael R. Condrick and Lona J. Condrick
   Bankr. W.D. Pa. Case No. 16-70491
      Chapter 11 Petition filed June 29, 2016
         represented by: Kevin J. Petak, Esq.
                         SPENCE CUSTER SAYLOR WOLFE & ROSE, LLC
                         E-mail: kpetak@spencecuster.com

In re Paul Stout and Valerie Stout
   Bankr. W.D. Tenn. Case No. 16-11295
      Chapter 11 Petition filed June 29, 2016
         represented by: Thomas Harold Strawn, Jr., Esq.
                         STRAWN & EDWARDS, PLLC
                         E-mail: tstrawn42@bellsouth.net

In re Hector Nelson Inga and Deborah Lee Inga
   Bankr. W.D. Tex. Case No. 16-10746
      Chapter 11 Petition filed June 29, 2016
         represented by: Frederick E. Walker, Esq.
                         E-mail: fredwalkerlaw@yahoo.com

In re Paul Vincent Wojdak
   Bankr. C.D. Cal. Case No. 16-18714
      Chapter 11 Petition filed June 30, 2016
         Filed Pro Se

In re Joseph A. Gallagher
   Bankr. S.D. Cal. Case No. 16-03963
      Chapter 11 Petition filed June 30, 2016
         represented by: Radmila A. Fulton, Esq.
                         E-mail: rafpacer@sbcglobal.net

In re William John Kulaga and Susan Ann Kulaga
   Bankr. M.D. Fla. Case No. 16-05642
      Chapter 11 Petition filed June 30, 2016
         represented by: Steven M Fishman, Esq.
                         STEVEN M FISHMAN, PA
                         E-mail: steve.fishman@verizon.net

In re John J Finton
   Bankr. S.D. Fla. Case No. 16-19222
      Chapter 11 Petition filed June 30, 2016
         represented by: David L. Merrill, Esq.
                         E-mail: dlmerrill@merrillpa.com

In re Resco International, LLC
   Bankr. S.D. Fla. Case No. 16-19343
      Chapter 11 Petition filed June 30, 2016
         See http://bankrupt.com/misc/flsb16-19343.pdf
         represented by: David C. Rubin, Esq.
                         E-mail: david3051@aol.com

In re E 29 St Realty Inc.
   Bankr. E.D.N.Y. Case No. 16-42927
      Chapter 11 Petition filed June 30, 2016
         See http://bankrupt.com/misc/nyeb16-42927.pdf
         Filed Pro Se

In re Joseph Antonakos
   Bankr. E.D.N.Y. Case No. 16-42935
      Chapter 11 Petition filed June 30, 2016
         represented by: Barak P Cardenas, Esq.
                         CARDENAS ISLAM & ASSOCIATES PLLC
                         E-mail: barak@cardenasislam.com

In re Marisol Morales Gonzalez
   Bankr. D.P.R. Case No. 16-05185
      Chapter 11 Petition filed June 30, 2016
         represented by: Emily Darice Davila Rivera, Esq.
                         LAW OFFICE EMILY D DAVILA RIVERA
                         E-mail: davilalawe@prtc.net

In re CCC of Fairplay, LLC
   Bankr. D.S.C. Case No. 16-03240
      Chapter 11 Petition filed June 30, 2016
         See http://bankrupt.com/misc/scb16-03240.pdf
         represented by: Randy A. Skinner, Esq.
                         SKINNER LAW FIRM, LLC
                         E-mail: main@skinnerlawfirm.com

In re CCC Land Company, LLC
   Bankr. D.S.C. Case No. 16-03241
      Chapter 11 Petition filed June 30, 2016
         See http://bankrupt.com/misc/scb16-03241.pdf
         represented by: Randy A. Skinner, Esq.
                         SKINNER LAW FIRM, LLC
                         E-mail: main@skinnerlawfirm.com

In re Miles E. Hilliard, III
   Bankr. W.D. Tenn. Case No. 16-25944
      Chapter 11 Petition filed June 30, 2016
         represented by: Russell W. Savory, Esq.
                         BEARD & SAVORY, PLLC
                         E-mail: russ@bsavory.com

In re World of Discovery
   Bankr. D. Vt. Case No. 16-11293
      Chapter 11 Petition filed June 30, 2016
         See http://bankrupt.com/misc/vtb16-11293.pdf
         represented by: Rebecca A Rice, Esq.
                         COHEN & RICE
                         E-mail: Steeplbush@aol.com




                            *********

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 ***