TCR_Public/160708.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, July 8, 2016, Vol. 20, No. 190

                            Headlines

77-79 RIVINGTON: Bankruptcy Auction Slated for Tuesday
8110 AERO DRIVE: Sec. 341 Meeting of Creditors Set for July 26
97 GRAND AVENUE: Hires Besen as Real Estate Advisor
A-1 EXPRESS: Hires A+ Accounting as Accountant
A-1 EXPRESS: Hires Buddy D. Ford as Attorney

ABE Q. MILLS: Taps Craig M. Geno as Legal Counsel
ALAN/DUNCAN: Case Summary & 12 Unsecured Creditors
ALEXZA PHARMACEUTICALS: Nasdaq Files Form 25 with SEC
ALL TYPE CONTRACTING: Hires Desai Eggmann Mason as Counsel
ALLIANCE MANAGEMENT: U.S. Trustee Unable to Appoint Committee

ANACOR PHARMACEUTICALS: Suspends Filing of Reports with SEC
ARCH COAL: Files Third Amended Plan of Reorganization
BFN OPERATIONS: Schedules Filing Deadline Moved to July 11
BFN OPERATIONS: Sec. 341 Meeting of Creditors Set for July 26
BOULAYE MARINE: Taps Gerdes Law Firm as Legal Counsel

BOURBON SALOON: Sharp to Replace Boudreaux as CRO
CAL NEVA LODGE: Hires Jeffer Mangles as Counsel
CEETOP INC: Cancels RMB 3 Million Loan
CHAMPION INDUSTRIES: Shareholders OK 1-for-200 Stock Split
CHOCTAW RESORT: Moody's Hikes Corporate Family Rating to B2

CLASSIC COMMUNITIES: Mid Penn Bank Wants Payment Prior to Escrow
CLEAN UP AMERICA: Taps Gronemeier as Counsel in Walsh Shea Rift
COMPCARE MEDICAL: Taps Turoci Firm as Legal Counsel
CONGREGATION OF UNITY: Taps Kight Law as Bankruptcy Counsel
CONNTECH PRODUCTS: Hires CRG as Auctioneer

CONTROL SYSTEMS: U.S. Trustee Unable to Appoint Committee
CROSBY US: Moody's Cuts Corporate Family Rating to Caa1
CSC HOLDINGS: Fitch Assigns BB+ Rating on Sr. Sec. Credit Facility
CULTURE PROJECT: Taps Shafferman & Feldman as Bankruptcy Counsel
CUMULUS MEDIA: Greywolf, et al., Hold 5.5% of Class A Shares

DEPAUL INDUSTRIES: U.S. Trustee Forms 5-Member Committee
DIXIE ELECTRIC: Moody's Cuts CFR to Ca & Alters Outlook to Negative
E & E ENTERPRISES: Taps Beth W. Moore as Accountant
E & E ENTERPRISES: Taps Linda Awkard as Counsel in Contract Rift
EAGLE INC: Committee Taps Caplin & Drysdale as Legal Counsel

ELBIT IMAGING: Assignees Execute $2 Million Investment Right
ELBIT IMAGING: Terminates Lease Agreement with ILA
EPICENTER PARTNERS: Files Schedules of Assets and Liabilities
EPICOR SOFTWARE: S&P Puts 'B' CCR on CreditWatch Developing
EROSOL LLC: Taps Arnall Golden as Bankruptcy Counsel

FIREBALL ENTERPRISES: Hires Craig Marcum as President
FREESEAS INC: Common Stock Delisted from NASDAQ
FTS INT'L: S&P Lowers CCR to 'SD' on Completed Debt Repurchase
GARDENS REGIONAL: U.S. Trustee Forms 2-Member Committee
GLACIERVIEW HAVEN: Ch.11 Trustee Hires Andrew Wilson as Accountant

GLACIERVIEW HAVEN: Ch.11 Trustee Hires Bush Kornfeld as Counsel
GLOBAL EMERGENCY: Case Summary & 20 Largest Unsecured Creditors
GLOBAL HOUGHTON: S&P Affirms 'B' CCR & Revises Outlook to Neg.
GREATER ADELAIDE CHURCH: U.S. Trustee Unable to Appoint Committee
GREEN ENERGY: Taps Lentz Clark as Legal Counsel

GROWER'S ORGANIC: Hires Blue Stone for Financial Advisory Services
HERCULES OFFSHORE: Hires Morris Nichols as Co-counsel
HHH CHOICES: Ombudsman to File Third Interim Report on July 13
HORNBECK OFFSHORE: S&P Lowers CCR to 'CCC+', Outlook Negative
HOTELWORKS DEVELOPMENT: Taps Ray Battaglia as Legal Counsel

HOVBROS ROESVILLE: Voluntary Chapter 11 Case Summary
HS 45 JOHN: Denies Any Liability to AT&T
INTELLIPHARMACEUTICS INT'L: FDA Grants Waiver of NDA Filing Fee
ION WORLDWIDE: U.S. Trustee Forms 3-Member Committee
KOMODIDAD DISTRIBUTORS: Bank Alleges Debtors Not a "Single Entity"

LINC USA GP: Committee Taps McKool Smith as Legal Counsel
MAXUS ENERGY: Hires Morrison & Foerster as Attorney
MAXUS ENERGY: Hires Zolfo Cooper as Financial Advisors
METCOM NETWORK: Seeks to Hire EisnerAmper as Accountant
MISSISSIPPI REGIONAL CANCER: Plan Filing Extended by 45 Days

MORRIS SCHNEIDER: JPMorgan Objects to Disclosure Statement
NAT'L BANK OF ANGUILLA: Anguilla Case Recognized in U.S.
NCSG CRANE: Moody's Cuts Corporate Family Rating to Caa2
NET ELEMENT: Opts to Swap $100,000 for 62,596 Shares
NIGHTINGALE HOME: Wants Plan Filing Deadline Moved to Sept. 6

NORTH ATLANTIC TRADING: S&P Raises Corp. Credit Rating to 'B'
OHIO TEMPLE BAPTIST CHURCH: Case Summary & 7 Top Unsec. Creditors
PACIFIC 9 TRANSPORTATION: UST Appoints 2 More Committee Members
PACIFIC EXPLORATION: CCAA Case Recognized as Main Proceeding
PACIFIC SUNWEAR: Court Allows Beeney to Represent Class

PACIFIC SUNWEAR: Files Amended Schedules of Assets and Liabilities
PALADIN ENERGY: Taps Weaver and Tidwell as Tax Accountant
PALMAZ SCIENTIFIC: Vactronix Wants 118 Claims Disallowed
PEABODY ENERGY: Seeks Bridge Order for Plan Exclusivity Thru Aug. 3
PENN VIRGINIA: Plan Confirmation Hearing Set for August 11

PIONEER HEALTH: ERx, Management Plus Appointed to Committee
PURADYN FILTER: Forrest Hayes Quits as Director
RAIDER OILFIELD: Hires James & Haugland as Attorneys
RAILROAD SALVAGE: Hires Mense Churchwell as Accountants
RBK TRUCKING: U.S. Trustee Unable to Appoint Committee

REFUGE FAMILY CARE: Patient Care Ombudsman Unnecessary
REPUBLIC AIRWAYS: Can Implement Key Employee Retention Plan
RICEBRAN TECHNOLOGIES: Agrees to Changes to Board Composition
ROTARY DRILLING: Voluntary Chapter 11 Case Summary
SEVENTY SEVEN: Hires Baker Botts as Counsel

SEVENTY SEVEN: Wants to Assume $100M Exit Facility Letter
SEVENTY SEVEN: Wants to File Commitment Fee Letter Under Seal
SKAGIT GARDENS: Sterling Bank, Creditors Object to Sale Motion
SKYLINE CORP: Scott Parkhurst Joins as National Sales Manager
SNYDER & SCHNEIDER: Case Summary & 12 Unsecured Creditors

SOFINTEK INC: Hires Mark E. Williams as Bankruptcy Counsel
SONORAN DESERT: Case Summary & 3 Unsecured Creditors
SOUTHERN SEASON: Hires Hutson and Northern Blue as Counsel
SPENDSMART NETWORKS: Amends Plazacorp Investments Promissory Note
SPORTS AUTHORITY: Hires BRG's Coulombe as CRO

SPURLOW'S OUTDOOR: Hires Buddy D. Ford as Attorney
ST. MICHAEL'S MEDICAL: Wants Plan Filing Deadline Moved to Dec. 2
STAGE PRESENCE: Unsecureds to Be Paid from TV, Litigation Proceeds
STEELCORE CAPITAL: Seeks to Hire DelBello as Legal Counsel
STRONGHOLD ASSET: Voluntary Chapter 11 Case Summary

SUPERIOR PLUS: DBRS Confirms BB(high) Issuer Rating
SYNCARDIA SYSTEMS: Proposes Sindex-Led Auction on Aug. 19
TALBOT ENTERPRISES: Exclusive Plan Filing Date Extended to Sept. 5
TC WESTSHORE: Taps Larson & Zirzow as Legal Counsel
THOMPSON CREEK: S&P Puts 'CCC+' CCR on CreditWatch Positive

TOOLING SCIENCE: Taps Larkin Hoffman as Legal Counsel
TOTAL HOCKEY: Case Summary & 20 Largest Unsecured Creditors
TOTAL HOCKEY: Files for Bankruptcy With Deal to Sell to TSG
TUSCANY ENERGY: Wants Plan Filing Period Moved to Sept. 7
VERTELLUS SPECIALTIES: $110-Mil. DIP Loan Has Final Approval

W. F. JAMES: Seeks to Hire Katz Flatau as Legal Counsel
WARREN RESOURCES: Claims Bar Date Set for August 15
WECHSLER & CO: Seeks Court OK of Intellicorp Debt Sale
WELLS TRANSPORT: Hires Lefkovitz & Lefkovitz as Attorney
WHITING PETROLEUM: Completes $1.1 Billion Notes Exchange

[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings

                            *********

77-79 RIVINGTON: Bankruptcy Auction Slated for Tuesday
------------------------------------------------------
A bankruptcy auction will take place on July 12, 2016, at 4:00
p.m., at 1501 Broadway, 22nd Floor, New York, New York, for the
sale of 16 Residential Units -- 1 Commercial Unit -- Development
Site (850 Buildable Sq. ft.) owned by 77-79 Rivington Street Realty
LLC.

Property will be sold free and clear of all monetary liens.  In
order to register to bid, all prospective bidders must present a
bank check in the amount of $900,000 made payable to "Goldberg
Weprin Finkel Goldstein, as Attorneys".  Within 48 hours following
the auction, successful bidder must post a deposit in the total
amount of 13% of the high bid.  Closing must occur within 30 days
following court approval, unless successful bidder posts an
additional 10% deposit which will provide Successful Bidder with a
30 day extension.

The minimum opening bid for the property is $9,200,000.

In addition, a 3% Buyer's Premium will be added to the Successful
Bidder's high bid to determine the contract price to be paid by the
Successful Bidder.  A 0.5% commission will be paid to any properly
licensed Buyer Broker who registers a successful buyer in
accordance with the Buyer Broker guidelines.

Headquartered in Valley Stream, New York, 77-79 Rivington Street
Realty LLC filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 14-10339) on Feb. 18, 2014, listing $7 million in
total assets and $8.7 million in total liabilities.  Judge Shelley
C. Chapman presides over the case.  Kevin J. Nash, Esq., at
Goldberg Weprin Finkel Goldstein LLP serves as the Debtor's
bankruptcy counsel.


8110 AERO DRIVE: Sec. 341 Meeting of Creditors Set for July 26
--------------------------------------------------------------
The meeting of creditors of 8110 Aero Drive Holdings, LLC is set to
be held on July 26, 2016, at 10:00 a.m., according to a filing with
the U.S. Bankruptcy Court for the Southern District of California
(San Diego).

The meeting will be held at:

         402 W. Broadway, Emerald Plaza Building
         Suite 660 (B) Hearing Room B
         San Diego, CA 92101

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

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

                        About 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.



97 GRAND AVENUE: Hires Besen as Real Estate Advisor
---------------------------------------------------
97 Grand Avenue, LLC sought and obtained authorization from the
U.S. Bankruptcy Court for the Southern District of New York to
employ Besen & Associates, Inc., as real estate advisor.

The Debtor owns two residential rental unit buildings located in
the Clinton Hill section of Brooklyn:

     -- 97 Grand Avenue, Brooklyn, New York, which is a 27-unit
building; and

     -- 96 Steuben Street, Brooklyn, New York, which is a 35-unit
building.

The Properties were developed by the Debtor and completed in 2013.


97 Grand Avenue, LLC and Besen & Associates, Inc., have entered
into a Retention Agreement that grants Besen for a period of time
to act as special real estate advisor for the Debtor having, among
other things, the sole and exclusive and irrevocable right and
authority to negotiate, sell, net lease or otherwise dispose of all
or any portion of the real property and/or air rights of any one or
more of the properties.

Should the Debtor enter into an agreement to refinance, borrow
against, restructure its existing debt encumbering the Property,
and/or recapitalize the Property, in whole or in part, and/or enter
into a joint venture agreement relating to the Property, then
Debtor will pay Besen, at closing, a fee in an amount equal to 0.5%
of the aggregate amount of gross refinancing or restructured
indebtedness, recapitalization, and/or joint venture investment
received or obtained, or to be received or obtained by Debtor as
the case may be, regardless of when the closing of same takes
place.

The Debtor agrees to pay to Besen a commission equal to 3% of the
gross purchase price of the Propery to be paid at closing upon the
occurrence of any of the following:

     a. the Debtor enters into an agreement with a Prospective
Purchase during the Term to sell, transfer or convey ownership or
control of the Property in whole or in part, whether individually
or as part of a package, including a sale of the Property at a
bankruptcy auction, such as a sale under Section 363 of the
Bankruptcy Code or pursuant to a confirmed plan of reorganization;
or

     b. If a sale, exchange or other conveyance of ownership or
control of the Property is made or takes place within the
"Additional Period" after expiration of the Term to a Prospective
Purchaser with whom the Debtor had not reached an agreement during
the Term, but with whom Besen has negotiated concerning the
Property, or to whose attention the Property has been brought by
Besen, or who was introduced to the Debtor by Besen during the
Term.  For these purposes, a "Prospective Purchaser" shall include
any partnerships, joint ventures, limited liability companies,
corporations, trusts or other similar entities which the
prospective buyer represents, is involved with, or in which it
holds an ownership, management or beneficial interest.

     c. In the event that: (i) the Prospective Purchaser is
initially introduced to Besen by the Debtor to negotiate a
transaction on its behalf, and (ii) Besen had no prior contact with
the Prospective Purchaser before being introduced to it by Debtor,
than the commission to which Besen will be entitled, will be 0.5%
of the gross purchase price.

Notwithstanding anything to the contrary contained in the Retention
Agreement, the fee or commission to which Besen will be entitled
under the Retention Agreement will not exceed $600,000.

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

Greg Corbin, Executive Managing Director of Besen & Associates,
Inc., 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.

Besen may be reached at:

       Greg Corbin
       Besen & Associates, Inc.
       381 Park Avenue South, 1507
       New York, NY 10016
       Phone: (646)424-5077
       E-mail: gcorbin@besenassociates.com

An involuntary chapter 7 petition (Bankr. S.D.N.Y. Case No.
15-13367) was commenced against 97 Grand Avenue LLC by petitioning
creditor Chun Peter Dong on December 28, 2015.  At the Debtor's
behest, the Hon. Sean H. Lane entered an order dated April 13,
2016, converting the Involuntary Case to a voluntary chapter 11
proceeding.


A-1 EXPRESS: Hires A+ Accounting as Accountant
----------------------------------------------
A-1 Express, Inc., asks for permission from the U.S. Bankruptcy
Court for the Middle District of Florida to employ Akshay Dave,
CPA, of the accounting firm of A+ Accounting & Tax as the Debtor's
accountant.

The Accountant will:

     a. prepare and file tax returns and conduct tax research;

     b. perform normal accounting and other accounting services as

        required by the Debtor; and

     c. assist the Debtor in preparing Court ordered reports,
        including the U.S. Trustee Reports and any documents
        necessary for the Debtor's disclosure statement.

The Accountant will be paid an hourly rate of $175 for services
rendered by the accountant for preparation of U.S. Trustee reports
and other bankruptcy Court documents and hourly rate of $75 for
accounting services; a range of$100-$50 per hour for services
rendered by accounting staff; and reimbursement of out-of-pocket
costs like computer charges, copies and postage for the accounting
services.

The Debtor tells the Court that the Accountant neither represent
nor holds any interest adverse to the Debtor, as
debtor-in-possession, to its estate, or to the Debtor's creditors
in the matters upon which it is to be engaged, and that the
employment of the Accountant is in the best interest of the
Estate.

The Accountant can be reached at:

     A+ Accounting & Tax
     4002 McLane Drive
     Tampa, Florida 33610,
     Tel: (813) 381-3809
     E-mail: tax4002@gmail.com

A-1 Express, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Fla. Case No. 16-04170) on June 23, 2016.  Buddy D.
Ford, Esq., at Buddy D. Ford, P.A., serves as the Debtor's
bankruptcy counsel.


A-1 EXPRESS: Hires Buddy D. Ford as Attorney
--------------------------------------------
A-1 Express, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Middle District of Florida to employ Buddy D. Ford
P.A. as Attorney.

The Debtor requires Buddy D. Ford P.A. to:

     a. analyze the financial situation, rendering advice and
assistance to the Debtor in determining whether to file a petition
under Title 11, United States Code;

     b. advise the Debtor with regard to the powers and duties of
the debtors and as Debtor-in-Possession in the continued operation
of the business and management of the property of the estate;

     c. prepare and file the petition, schedules of assets and
liabilities, statement of affairs, and other documents required by
the Court;

     d. represent the Debtor at the Section 341 Creditors'
meeting;

     e. give the Debtor legal advice with respect to its powers and
duties as Debtor and as Debtor-in-Possession in the continued
operation of its business and management of its properties; if
appropriate;

     f. advise the Debtor with respect to its responsibilites in
complying the United States Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     g. prepare, on behalf of your Applicant, necessary motions,
pleadings, applications, answers, orders, complaints, and other
legal papers and appear a hearings thereon;

     h. protect the interest of the Debtor an all matters pending
before the court;

     i. represent the Debtor in negotiation with its creditors in
the preparation of the Chapter 11 Plan; and

     j. perform all other legal services for the Debtors as
Debtor-in-Possession which may be necessary herein, and it is
necessary for Debtor as Debtor-in-Possession to employ this
attonrney for such professional services.

Buddy D. Ford P.A. will be paid at these hourly rates:

     Buddy D. Ford                          $425
     Senior Associate Attorneys             $375
     Junior Associate Attorneys             $300
     Senior Paralegal                       $150
     Junior Paralegal                       $100

Prior to the commencement of this case, the Debtor paid Buddy D.
Ford P.A. $500, on current basis, for services rendered and costs
incurred prior to commencement of this case with respect to prepare
the Petition for reorganization under Chapter 11 of the Code and
filing of all related initial pleadings to be filled in this case,
and pre-petition expenses in this case.

Prior to the commencement of this case the Debtor paid an advance
fee of $6,717 as follows:

     a. $500 pre-fling fee retainer

     b. $4,500 post filing fee/cost retainer

     c. $1,717 filing fee

Buddy D. Ford P.A. will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Buddy D. Ford P.A., assured the Court that the firm does not
represent any interest adverse to the Debtor and its estates.

Buddy D. Ford P.A. can be reached at:

       Buddy D. Ford, Esq
       Jonathan A. Semach, Esq.
       J. Ryan Yant, Esq.
       Buddy D. Ford P.A.
       115 North MacDill Avenue
       Tampa, FL 33609-1521
       Telephone: (813)877-4669
       Facsimile: (813)877-5543
       E-mail: buddy@tampaesq.com
               jonathan@tampaesq.com
               ryan@tampaesq.com
               all@tampaesq.com

A-1 Express, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
M.D. Fla. Case No. 16-04170) on June 23, 2016, listing under $1
million in both assets and liabilities.


ABE Q. MILLS: Taps Craig M. Geno as Legal Counsel
-------------------------------------------------
Abe Q. Mills Trucking Co. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Mississippi to hire the Law
Offices of Craig M. Geno, PLLC as its legal counsel.

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

     (a) advise and consult with the Debtor regarding questions
         arising from certain contract negotiations;

     (b) evaluate and attack claims of various creditors who may
         assert security interests in the assets;

     (c) appear in, prosecute or defend suits and proceedings;

     (d) represent the Debtor in court hearings and assist in the
         preparation of contracts, reports, accounts, petitions,
         applications and other legal documents; and

     (e) advise and consult with the Debtor in connection with any

         reorganization plan.

Craig Geno, the attorney primarily responsible for representing the
Debtor, will be paid $375 per hour for his services.  Meanwhile,
the firm's associates and paralegals will be paid $250 per hour and
$175 per hour, respectively.

Mr. Geno disclosed in a court filing that his firm does not
represent any interest adverse to the Debtor or its estate.

The firm can be reached through:

     Craig M. Geno
     Jarret P. Nichols
     Law Offices of Craig M. Geno, PLLC
     587 Highland Colony Parkway
     P.O. Box 3380
     Ridgeland, MS 39158-3380
     Phone: 601-427-0048
     Fax: 601-427-0050

                        About Abe Q. Mills

Abe Q. Mills Trucking Co. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S. D. Miss. Case No. 16-02068) on June 27,
2016.


ALAN/DUNCAN: Case Summary & 12 Unsecured Creditors
--------------------------------------------------
Debtor: Alan/Duncan Properties
        200 Lake Front Drive, Suite 103
        Mineral, VA 23117

Case No.: 16-61360

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Western District of Virginia (Lynchburg)

Judge: Hon. Rebecca B. Connelly

Debtor's Counsel: Edward Gonzalez, Esq.
                  LAW OFFICE OF EDWARD GONZALEZ, PC
                  2405 I Street, N.W., Suite 1-A
                  Washington, DC 20037
                  Tel: 202-822-4970
                  E-mail: eg@money-law.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jeff Snyder, manager.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vawb16-61360.pdf


ALEXZA PHARMACEUTICALS: Nasdaq Files Form 25 with SEC
-----------------------------------------------------
The NASDAQ Stock Market LLC filed with the Securities and Exchange
Commission a Form 25 notifying the removal from listing or
registration under Section 12(b) of the Securities Exchange Act of
1934 of Alexza Pharmaceuticals Inc.'s common stock on the
Exchange.

Nasdaq has determined to remove from listing the common stock of
Alexza effective at the opening of the trading session on July 15,
2016.  Based on review of information provided by the Company,
Nasdaq Staff determined that the Company no longer qualified for
listing on the Exchange pursuant to Listing Rule 5550(b)(2).

The Company was notified of the Staffs determination on Dec. 17,
2015.  The Company appealed the determination to a Hearing Panel.
Upon review of the information provided by the Company, the Panel
issued a decision dated March 7, 2016, granting the Company
continued listing pursuant to an exception that included several
milestones that the Company was required to meet, towards the goal
of regaining compliance with Listing Rule 5550(b)(2).  However, the
Company was unable to meet the exception milestones as required on
the timeline set forth.  Prior to the expiration of the exception
period the company signed an agreement to be acquired.  On June 15,
2016, the Panel issued a final delisting
determination and notified the Company that trading in the
Companys securities would be suspended on June 17, 2016.

Shortly thereafter, the company closed a going private
transaction, pursuant to which its equity securities
deregistered from the SEC and, thereby, all rights pertaining
to its class of securities listed on Nasdaq were extinguished.
The Company did not request a review of the Panels decision
by the Nasdaq Listing and Hearing Review Council.
               Cancels Registration of Securities

On June 21, 2016, pursuant to the Agreement and Plan of Merger,
dated as of May 9, 2016, among the Company, Grupo Ferrer
Internacional, S.A., a Spanish sociedad anonima ("Parent"), and
Ferrer Pharma, Inc., a Delaware corporation ("Purchaser"),
Purchaser merged with and into the Company, with the Company
continuing as the surviving corporation and a wholly-owned indirect
subsidiary of Parent.

As a result of the consummation of the transactions contemplated by
the Merger Agreement, the Company has terminated all offerings of
its securities pursuant to the Registration Statements with the
SEC.

                 About Alexza Pharmaceuticals

Alexza Pharmaceuticals is focused on the research, development, and
commercialization of novel, proprietary products for the acute
treatment of central nervous system conditions.  Alexza's products
and development pipeline are based on the Staccato(R) system, a
hand-held inhaler designed to deliver a pure drug aerosol to the
deep lung, providing rapid systemic delivery and therapeutic onset,
in a simple, non-invasive manner.  Active pipeline product
candidates include AZ-002 (Staccato alprazolam) for the management
of epilepsy in patients with acute repetitive seizures and AZ-007
(Staccato zaleplon) for the treatment of patients with middle of
the night insomnia.

Alexza reported a net loss of $21.3 million on $5.02 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $36.73 million on $5.56 million of total revenues for the
year ended Dec. 31, 2014.

As of March 31, 2016, Alexza had $10.6 million in total assets,
$84.9 million in total liabilities and a total stockholders'
deficit of $74.3 million.

OUM & CO. LLP, in San Francisco, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has recurring
losses from operations and has a net capital deficiency that raise
substantial doubt about its ability to continue as a going concern.


ALL TYPE CONTRACTING: Hires Desai Eggmann Mason as Counsel
----------------------------------------------------------
All Type Contracting, LLC, seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Missouri to employ
Desai Eggmann Mason LLC as Counsel.

The Debtor requires the Firm to:

     a. advise the Debtor with respect to its rights, power and
duties in this case;

     b. assist and advise the Debtor in its consultations with any
appointed committee relative to the administration of this case;

     c. assist the Debtor in analyzing the claims of creditors and
negotiating with such creditors;

     d. assist the Debtor with investigation of the assets,
liabilities and financial condition of the Debtor and reorganizing
Debtor's business in order to maximize the value of the Debtor's
assets for the benefit of all creditors;

     e. advise the Debtor in connection with the sale of assets or
business;

     f. assist the Debtor in its analysis of and negotiation with
any appointed committee or any third party concerning matters
related to, among other things, the terms of a plan of
reorganization;

     g. assist and advise the Debtor with respect to any
communications with the general creditor body regarding significant
matters in this case;

     h. commence and prosecute necessary and appropriate actions
and/or proceedings on behalf of the Debtor;

     i. review, analyze or prepare, on behalf of the Debtor, all
necessary applications, motions, answers, orders, reports,
schedules, pleadings and other documents;

     j. represent the Debtor at all hearings and other
proceedings;

     k. confer with other professional advisors retained by the
Debtor in providing advice to Debtor

     l. perform all other necessary legal services in this case as
may be requested by the Debtor in these Chapter 11 proceedings;
and

     m. assist and advise the Debtor regarding pending arbitration
and litigation matters in which Debtor may be involved, including
continued prosecution or defense of actions and/or negotiations on
the Debtors' behalf.

The Firm will charge the Debtor the hourly rates consistent with
the rates it charges clients in bankruptcy and non-bankruptcy
matters. These rates range from $75-$375 per hour.

The Firm has been paid the sum of $2,040 for services performed
prior to the Petition Date. The Firm is currently holding the sum
of $2,943 as a retainer.

Thomas H. Riske, associate of Desai Eggman Mason LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code, and does not
represent any interest adverse to the Debtor and its estates.

Desai Eggman Mason LLC can be reached at:

       Thomas H. Riske, Esq.
       Robert E. Eggmann, Esq.
       Desai Eggman Mason LLC
       7733 Forsyth Boulevard, Suite 800
       St. Louis, MO 63105
       Phone: (314)881-0800
       E-mail: reeggmann@demlawllc.com
               triske@demlawllc.com

              About All Type Contracting, LLC

All Type Contracting, LLC filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Mo. Case No. 16-10509) on June 16, 2016. Thomas Riske,
Esq., at Desai Eggman Mason LLC as bankruptcy counsel.


ALLIANCE MANAGEMENT: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Alliance Management Services, LLC.

Alliance Management Services, LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. W. D. Ky. Case No. 16-31239) on
April 15, 2016.  The petition was signed by Ray Ragland, member.  

The case is assigned to Judge Joan A. Lloyd.

At the time of the filing, the Debtor disclosed $0 to $50,000 in
assets and $1 million to $10 million in liabilities.


ANACOR PHARMACEUTICALS: Suspends Filing of Reports with SEC
-----------------------------------------------------------
Anacor Pharmaceuticals, Inc., has suspended its reporting
obligations under Section 15(d) of the Securities Exchange Act of
1934, as amended, by filing a Form 15 with the Securities and
Exchange Commission on July 5, 2016.     

                  About Anacor Pharmaceuticals

Palo Alto, Calif.-based Anacor Pharmaceuticals (NASDAQ: ANAC) is a
biopharmaceutical company focused on discovering, developing and
commercializing novel small-molecule therapeutics derived from its
boron chemistry platform.  Anacor has discovered eight compounds
that are currently in development.  Its two lead product
candidates are topically administered dermatologic compounds -
tavaborole, an antifungal for the treatment of onychomycosis, and
AN2728, an anti-inflammatory PDE-4 inhibitor for the treatment of
atopic dermatitis and psoriasis.

Anacor reported a net loss of $61.2 million on $82.4 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $87.1 million on $20.7 million of total revenues for the
year ended Dec. 31, 2014.

As of March 31, 2016, Anacor had $164 million in total assets, $119
million in total liabilities, $49,000 in redeemable common stock
and $44.6 million in total stockholders' equity.


ARCH COAL: Files Third Amended Plan of Reorganization
-----------------------------------------------------
BankruptcyData.com reported that Arch Coal filed with the U.S.
Bankruptcy Court a Third Amended Joint Plan of Reorganization and
related Disclosure Statement.  According to the Disclosure
Statement, "The Plan includes a global settlement and compromise of
certain disputed issues, as well as claims and causes of action
that could potentially be asserted by or on behalf of the Debtors
against the Directing Lenders and certain employees of the Debtors
and certain challenges to the First Lien Lenders' liens (the
'Global Settlement').  Under the Global Settlement, the Debtors
will release the Exchange Transactions Claims and the Employee
Claims, and the Lien Avoidance Claims will be settled on the terms
and conditions set forth in the Amended and Restated RSA.
Additionally, the First Lien Lenders will waive the Prepetition
Adequate Protection Claims and will agree to waive recoveries on
account of the First Lien Lender Deficiency Claim, subject to and
in accordance with the terms of the Plan.  The consideration for
the settlement of the Exchange Transactions Claims and the,
Employee Claims and Lien Avoidance Claims is provided by the
distributions to unsecured creditors and holders of First Lien
Credit Facility Claims pursuant to the Plan, which the Debtors, the
Consenting Lenders and the Creditors' Committee agree represent a
fair compromise regarding the extent and value of the First Lien
Lenders' liens, including the potential argument that the Knight
Hawk Interest is encumbered under the First Lien Credit Facility
potential claims in respect of any diminution in the value of the
First Lien Lenders' collateral and any potential recoveries on
behalf of the Debtors' estates on account of the Exchange
Transaction Claims and the Employee Claims."

                        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.


BFN OPERATIONS: Schedules Filing Deadline Moved to July 11
----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
granted BFN Operations LLC, et al., an additional 10 days -- for a
total of 24 days -- from the June 17, 2016 petition date, to file
their schedules of assets and liabilities, and statements of
financial affairs.

The deadline for the Debtors to file their Schedules and Statements
is now July 11, 2016.

                       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.

The Office of the U.S. Trustee appointed five creditors to serve on
the official committee of unsecured creditors.


BFN OPERATIONS: Sec. 341 Meeting of Creditors Set for July 26
-------------------------------------------------------------
The meeting of creditors of BFN Operations LLC, et al., is set to
be held on July 26, 2016, at 1:00 p.m. at Dallas 341 Rm 524,
according to a filing with the U.S. Bankruptcy Court for the
Northern District of Texas.

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

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

                       About 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.

The Office of the U.S. Trustee appointed five creditors to serve on
the official committee of unsecured creditors.


BOULAYE MARINE: Taps Gerdes Law Firm as Legal Counsel
-----------------------------------------------------
Boulaye Marine Towing, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Louisiana to hire Gerdes Law
Firm, LLC as its legal counsel.

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

     (a) give legal advice with respect to its power as a debtor-
         in-possession in the continued operation of its business
         and management of its property;

     (b) assist the Debtor in the disposition of assets, which it
         no longer needs in the operation of its business;

     (c) prepare legal papers, and provide other legal services.

Markus Gerdes, Esq., the attorney designated to represent the
Debtor, will be paid $210 for his services.

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

The firm can be reached through:

     Markus E. Gerdes, Esq.
     Gerdes Law Firm, LLC.
     106 North Cypress Street
     P.O. Box 2862
     Hammond, LA 70404
     Tel: (985) 345-9404
     E-mail: Markus@gerdeslaw.net

                        About Boulaye Marine

Boulaye Marine Towing, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. La. Case No. 16-11392) on June 15,
2016.


BOURBON SALOON: Sharp to Replace Boudreaux as CRO
-------------------------------------------------
Bourbon Saloon, Incorporated, asks the U.S. Bankruptcy Court for
the Eastern District of Louisiana to grant an order recognizing:

     -- the dismissal of Larry Boudreaux as the Chief Restructuring
Officer of the Reorganized Debtor; and

     -- the appointment of R. Patrick Sharp, III, as the successor
CRO.

The March 26, 2012 court order confirming the Debtor's Chapter 11
Plan allows the Board of Directors of the Reorganized Debtor to
remove any person as the CRO, upon the express written consent of
First Bank and Trust Company.  The Reorganized Debtor and First
Bank both desire to remove Mr. Boudreaux and replace him with Mr.
Sharp.

The Board of Directors has approved Mr. Boudreaux's dismissal and
the appointment of Mr. Sharp as the successor CRO.  The court order
requires First Bank to select a successor CRO.  First Bank selected
and consents to Mr. Boudreaux's removal and Mr. Sharp's
appointment.

Mr. Sharp as CRO will:

     a. be the principal contact at the Reorganized Debtor with
        respect to all matters, including, without limitation, all

        the company's financial and operational matters, and will
        have sole authority on behalf of the company to negotiate
        and enter into agreements and settlements with the
        company's creditors, account debtors, landlords, lenders
        and other constituents, except that any modification of
        the lease and or negotiations with potential buyers or
        investors will be conducted in concert with the company,
        through its board of directors;

     b. in his sole discretion on behalf of the Reorganized Debtor

        but after consulting with the board of directors, have
        authority over all cost reduction, employee re-alignment
        and operational improvement opportunities, and will have,
        in his sole discretion, the authority to initiate and
        implement employee and officer terminations and increases
        or reductions in force for employees designated at the
        assistant manager level and above.  Jober't Salem will
        exercise authority over lower level employees below the
        assistant manager level;

     c. have sole responsibility on behalf of the Reorganized
        Debtor for overseeing cash management of the company and
        supervising cash disbursements for the company;

     d. be directly accessible to the Reorganized Debtor's
        vendors, creditors, landlords, lenders, government
        regulatory agencies and other constituents, and will be
        authorized to respond directly to the reasonable
        information requests of the parties; and

     e. have unencumbered access to all current and former
        employees to discuss revenue enhancing suggestions and
        cost reduction suggestions, internal control, safety
        and any other matters deemed appropriate by the CRO.

In his sole discretion, the CRO may, on behalf of the Reorganized
Debtor, engage the services of Brokers, CPAs and other
professionals as he deems necessary in the company's best interest
or to facilitate the refinancing or sale of all or a portion of the
company's assets or business operations.

The CRO may perform other services as requested or directed by the
Reorganized Debtor and agreed to by the CRO.  The other requested
services may be considered by the CRO as a separate engagement,
subject to a separate engagement letter mutually agreed to by the
CRO and the company.

The CRO and the Reorganized Debtor, through its board of directors,
will work diligently to obtain funding for a refinancing of all of
the Reorganized Debtor's debt.

The CRO may engage separate counsel to represent his interest as he
deems necessary.  

The CRO will be paid at these hourly rates:

        R. Patrick Sharp, III         $250
        Staff CPAs                    $185
        Non-CPA Staff                  $95
        Administrative Staff           $75

The Reorganized Debtor will promptly remit to Sharp & Company a
retainer in the amount of $10,000 which will be credited against
any amounts due at the termination of this engagement.  Any
remaining un-applied portion of the retainer will be promptly
returned to the Company upon the satisfaction of all obligations.

The CRO will determine which employees of the Reorganized Debtor
will continue to work for the company during the term of this
agreement and any employees retained will not interfere with
services of the CRO pursuant to this engagement, provided however,
that Samer AlAldwan will remain as corporate secretary, and he and
the CRO will co-sign all checks over $2,500.

Mr. Sharp assures the Court that neither the Firm nor the CRO are
currently aware of any other relationship that would create a
conflict of interest with the Debtor or those parties-in-interest.

The CRO can be reached at:

     R. Patrick Sharp, III
     Sharp & Company, CPAs  
     401 Whitney Avenue Suite 100  
     Gretna, LA 70056  

Based in New Orleans, Louisiana, Bourbon Saloon Incorporated,
doing business as Mango Mango and Old Absinthe House, filed for
Chapter 11 bankruptcy protection (Bankr. E.D. La. Case No. 11-
11518) on May 12, 2011.  Judge Jerry A. Brown presides over the
case.  William E. Steffes, Esq., Steffes Vingiello & McKenzie LLC,
represents the Debtor.  The Debtor estimates assets and debts
between $1 million and $10 million.


CAL NEVA LODGE: Hires Jeffer Mangles as Counsel
-----------------------------------------------
Cal Neva Lodge, LLC seeks authorization from the U.S. Bankruptcy
Court for the Northern District of California to employ Jeffer
Mangles Butler & Mitchell LLP as Debtor's counsel.

The Debtor requires Jeffer Mangles to:

     a. advise the Debtor regarding its rights and responsibilities
as a Chapter 11 debtor and debtor in possession, specifically
including the requirements of the Bankruptcy Code, the Federal
Rules of Bankruptcy Procedure, the Local Bankruptcy Rules, the
Region 17 United State Trustee Guidelines ("UST Guidelines"), and
how the application of such provisions relate to the administration
of the Debtor's estate;

     b. advise and assist the Debtor in connection with the
preparation of certain documents to be filed with the Bankruptcy
Court and the Office of the United States Trustee ("UST"),
including, without limitation, Schedules of Assets and Liabilities,
Statement of Financial Affairs, Statement of Equity Security
Holders, Monthly Operating Reports, and other such documents;

     c. represent the Debtor with respect to bankruptcy issues in
the context of this pending chapter 11 case, and any adversary
proceeding, the outcome of which would affect the administration of
the chapter 11 case; and

    d. advise, assist and represent the Debtor in the negotiation,
formulation and confirmation of a plan of reorganization or other
proceedings necessary and appropriate to the Debtor's chapter 11
estate and the satisfaction of the rights, claims and demands of
creditors and other parties in interest herein.

Jeffer Mangles will be paid at these hourly rates:

        David M. Poitras (Partner)                  $765
        Bennett G. Young (Partner)                  $695
        Thomas M. Geher (Partner)                   $695
        David A. Sudeck (Partner)                   $650
        Erin E. Daly (Associate)                    $350
        Christina Chen (Associate)                  $335

Jeffer Mangles was paid an initial retainer of $25,000 on April 12,
2016. the $25,000 retainer was substantially but not fully
exhausted as of May 17, 2016.  On May 17, 2016, the firm was paid
an additional retainer in the amount of $75,000; $41,556.80 of the
retainer was applied to prepetition services rendered and expenses
incurred, leaving a retainer balance of $58,443.50 as of the
Petition Date.

David M. Poitras, Esq., partner of Jeffer Mangles Butler & Mitchell
LLP, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtors and their
estates.

Jeffer Mangles may be reached at:

       David M. Poitras, Esq.
       Jeffer Mangles Butler & Mitchell LLP
       1900 Avenue of the Stars, Seventh Floor
       Los Angeles, CA 90067
       Telephone: (310)203-8080
       Facsimile: (310)712-8571

            About Cal Neva Lodge, LLC

Cal Neva Lodge, LLC filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Cal. Case No. 16-10514) on June 10, 2016. Hon. Thomas E.
Carlson presides over the case. Jeffer Mangles Butler & Mitchell
LLC represents the Debtor as counsel.  In its petition, the Debtor
estimated $50 million to $100,000 million in assets and $10 million
to $50 million in liabilities. The petition was signed by William
T. Criswell, president.


CEETOP INC: Cancels RMB 3 Million Loan
--------------------------------------
Ceetop Inc. loaned three million RMB to an individual which was
secured by three million shares of common stock of the Company.  On
June 28, 2016 the Company determined that the Loan was
uncollectible, and the holders of the Collateral agreed to cancel
the Shares.  In lieu of the cancellation of the Shares the Loan has
been cancelled, as disclosed in a regulatory filing with the
Securities and Exchange Commission.

                      About Ceetop Inc.

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

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

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

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


CHAMPION INDUSTRIES: Shareholders OK 1-for-200 Stock Split
----------------------------------------------------------
At a special meeting of shareholders of Champion Industries, Inc.,
held June 30, 2016, the shareholders approved proposed amendments
to Article 7 of the Company's Articles of Incorporation (which
relates to the Company's capital stock) and to effectuate a 1 for
200 reverse stock split of all the common shares of the Company.

The proposed amendments to Article 7 of the Company's Articles of
Incorporation (which relates to the Company's capital stock) to
authorize and create a new class of capital stock, specifically
2,500 shares of Preferred Series A stock having a par value of
$1,000 per share, and approve issuance of those shares in exchange
for the conversion, into such shares, of certain existing debt owed
by the Company to a shareholder, was approved.

                   About Champion Industries

Champion Industries, Inc., is engaged in the commercial printing
and office products and furniture supply business in regional
markets east of the Mississippi River.  The Company also publishes
The Herald-Dispatch daily newspaper in Huntington, West Virginia
with a total daily and Sunday circulation of approximately 23,000
and 28,000.

Champion Industries reported a net loss of $1.19 million on $61.28
million of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $1.13 million on $63.5 million of total
revenues for the year ended Oct. 31, 2014.

As of April 30, 2016, the Company had $23.6 million in total
assets, $21.95 million in total liabilities and $1.66 million in
total shareholders' equity.


CHOCTAW RESORT: Moody's Hikes Corporate Family Rating to B2
-----------------------------------------------------------
Moody's Investors Service upgraded Choctaw Resort Development
Enterprise's Corporate Family Rating to B2 and Probability of
Default Rating to B2-PD. Moody's also upgraded the rating on the
Enterprise's senior unsecured notes to B3. The rating outlook is
stable.

The upgrade reflects stable operating performance, high operating
margins, and reduction in absolute debt levels from cash flow that
has resulted in a decline in debt/EBITDA to 1.9x.

Ratings upgraded:

Corporate Family Rating to B2 from B3

Probability of Default Rating to B2-PD from B3-PD

Senior unsecured notes due 2019 to B3 (LGD4) from Caa1 (LGD4)

RATINGS RATIONALE

Moody's said, "The B2 Corporate Family Rating reflects Choctaw's
small size in terms of revenue, geographic concentration in a
single jurisdiction, and the relatively low population density in
its primary market, and competition from existing casinos in
Mississippi and competing Native American facilities in Alabama.
The rating also captures the high level of tribal distributions as
a percentage of EBITDA and the expectation they will continue to be
maximized (per the credit agreement and bond indenture). In
addition, the rating reflects the high degree of uncertainty
surrounding the enforceability of lenders' claims at default and
other unique risks common to Native American gaming issuers. The
rating is supported by Choctaw Resort's solid credit metrics and a
good liquidity profile. The Enterprise has relatively strong
leverage and coverage metrics. For the LTM period ended March 31,
2015, debt/EBITDA and EBIT/interest expense were 1.9 times and
about 6.2 times, respectively. The Enterprise has good liquidity
reflected by cash balances of about $64 million at March 31, 2016,
our expectation that the Enterprise's internal cash flow will be
sufficient to cover its interest expense, mandatory debt
amortization, capex and tribal distributions over the next 12 -- 18
months.”

The stable rating outlook reflects Moody's expectations that
Choctaw will be able to maintain its EBITDA margins between 35% and
40% and retained cash flow/debt around 15%. Upward rating action is
limited given the company's small scale in terms of revenue and
geographic concentration. A higher rating is possible over the
longer-term and would require that the company demonstrate the
ability and willingness to maintain retained cash flow/debt above
20% in the context of a stable outlook for gaming demand in the
company's primary market. The ratings could be downgraded if
retained cash flow/debt declines and is likely to remain below 10%,
if gaming revenue trends in Mississippi were to materially decline
or if gaming revenue at the Silver Star and Golden Moon casinos -
the 2 largest contributors to EBITDA - were to experience sustained
declines.

The Choctaw Resort Development Enterprise ("The Enterprise" or
"Choctaw Resort") is a component unit of the Mississippi Band of
Choctaw Indians ("the Tribe"), which was created in October 1999 to
run the Tribe's gaming operations. The Enterprise owns and operates
in central Mississippi the Silver Star Hotel and Casino ("the
Silver Star") and the Golden Moon Hotel and Casino ("the Golden
Moon"), which commenced operations in 1994 and 2002, respectively.
The Enterprise also opened a smaller casino - Bok Homa Casino - in
December 2010 on tribal land in Mississippi, approximately 100
miles south of the other facilities. All three facilities offer
slot machines, while only Silver Star and Golden Moon offer table
games. Both Silver Star and Golden Moon have hotels. The Enterprise
generated net revenues of approximately $265 million for the LTM
period ended 3/31/2016.


CLASSIC COMMUNITIES: Mid Penn Bank Wants Payment Prior to Escrow
----------------------------------------------------------------
Mid Penn Bank submitted to the U.S. Bankruptcy Court for the Middle
District of Pennsylvania, a supplemental response to the objection
filed by the Official Committee of Unsecured Creditors to debtor
Classic Communities Corporation's sale motion.

The Creditors Committee objected to the Debtor's request that the
proceeds attributable to the first mortgage lien, in the amount of
$169,000, be held in escrow by the Debtor's counsel pending further
investigation.

Mid Penn Bank asks the Court to deny the Committee's request to
escrow the proceeds of the sale to the extent that it would
interfere with Mid Penn Bank's first priority lien.

Mid Penn Bank tells the Court that in its initial response to the
Official Committee's objection, it had provided both the December
1, 2010 Note for $1,500,000 and February 12, 2015 recorded Mortgage
for the real estate at issue, and argued that there is no purpose
served by delaying payment to the first priority secured
lienholder.

Mid Penn Bank asserts that as the Note and Mortgage indicate, it
has full right and interest in the proceeds of sale of real estate
up to payment in full of its first priority lien, which has a
current balance of $610,229.91.

Mid Penn Bank contends that if the Court were to grant the Official
Committee's request that the funds from the sale be escrowed before
payment to Mid Penn Bank as the first priority lienholder, interest
will continue to accrue on the loan, further diminishing the return
on the additional collateral and ultimately reducing any possible
future returns to unsecured creditors on those sales transactions.

Mid Penn Bank is represented by:

          Steven J. Schiffman, Esq.
          Tracy L. Updike, Esq.
          SERRATELLI, SCHIFFMAN & BROWN, P.C.
          2080 Linglestown Road, Suite 201
          Harrisburg, PA 17110
          Telephone: (717)540-9170
          E-mail: sschiffman@ssbc-law.com
                  tupdike@ssbc-law.com

              About Classic Communities Corporation

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


CLEAN UP AMERICA: Taps Gronemeier as Counsel in Walsh Shea Rift
---------------------------------------------------------------
Clean Up America, Inc, seeks permission from the U.S. Bankruptcy
Court for the Central District of California to employ Gronemeier &
Associates as special counsel.

The Debtor requires the services of the Firm to represent the
Debtor in the action entitled Clean Up America, Inc. vs. Walsh Shea
Corridor Contractors, et al., filed in Los Angeles Superior Court,
Case No, BC616121.  In this action, the Debtor sues Walsh/Shea and
related entities for 1) fraud; 2) breach of implied covenant of
good faith and fair dealing; and 3) libel, regarding Walsh/Shea's
alleged wrongful termination of Debtor from a contract wherein
Debtor was providing services to Walsh/Shea for the Crenshaw/LAW
Transit corridor project.  The Debtor and the Firm request special
employment to litigate the matter on behalf of Debtor.

The Firm will be paid at these hourly rates:

     Dale L. Gronemeier, Esq.,                            $460
     Elbie J. Hickambottom, Jr., Esq.                     $360
     Paraprofessionals, Law Clerks, & Investigators       $125

Dale L. Gronemeier, Esq., an associate of the Firm, assures the
Court that it is a disinterested person within the meaning of
Section 101(14) and Section 327 of the Bankruptcy Code.

The Firm can be reached at:

     Dale L. Gronemeier, Esq.
     Gronemeier & Associates
     1490 Colorado Boulevard
     Eagle Rock, CA 90041
     Tel: (323) 254-6700
     Fax: (323) 254-6722
     E-mail: dlg@dgronemeier.com

Headquartered in Los Angeles, California, Clean Up America, Inc.,
filed for Chapter 11 bankruptcy protection (Bankr. C.D. Calif. Case
No. 14-33267) on Dec. 18, 2014, listing $1.53 million in total
assets and $3.07 million in total liabilities.  The petition was
signed by Deontay Potter, president.

Judge Vincent P. Zurzolo presides over the case.

Peter T Steinberg, Esq., at Steinberg Nutter And Brent serves as
the Debtor's bankruptcy counsel.


COMPCARE MEDICAL: Taps Turoci Firm as Legal Counsel
---------------------------------------------------
CompCare Medical Inc. seeks approval from the U.S. Bankruptcy Court
for the Central District of California to hire The Turoci Firm as
its legal counsel.

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

     (a) represent the Debtor at its initial debtor interview;

     (b) advise and assist the Debtor with respect to compliance
         with the requirements of the U.S. trustee;

     (c) advise the Debtor regarding matters of bankruptcy law,  
         including its rights and remedies with respect to its
         assets and the claims of creditors;

     (d) represent the Debtor or other professionals in any
         proceedings or hearings in the bankruptcy court or in
         other courts;

     (e) conduct examinations and prepare legal papers;

     (f) advise the Debtor concerning the requirements of the
         bankruptcy court;

     (g) represent the Debtor at its meeting of creditors;

     (h) represent the Debtor in the preparation of a disclosure
         statement and in the negotiation, formulation and
         implementation of a Chapter 11 plan of reorganization;

     (i) make court appearances on behalf of Debtor;

     (j) represent the Debtor in all contested matters;

     (k) analyze any secured, priority or general unsecured claims

         that have been filed;

     (l) negotiate with secured and unsecured creditors regarding
         the amount and payment of their claims; and

     (m) object to claims when appropriate.

The firm's professionals and their hourly rates are:

     Attorneys             Hourly Rates
     ---------             ------------
     Todd Turoci               $500
     Julie Philippi            $400
     Michael Ortiz             $250

     Law Clerks/Paralegal   Hourly Rate
     --------------------   -----------
     Daisy Diaz                $175
     Adela Salgado             $175
     Dana Cormey               $175

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

The firm can be reached through:

     Todd L. Turoci
     Julie Philippi
     The Turoci Firm
     3845 Tenth Street
     Riverside, CA 92501
     Phone: (888) 332-8362
     Fax: (866) 762-0618
     mail@theturocifirm.com

                        About CompCare Medical

CompCare Medical Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 16-15707) on June 27,
2016.


CONGREGATION OF UNITY: Taps Kight Law as Bankruptcy Counsel
-----------------------------------------------------------
The Congregation of Unity, Inc., asks for authorization from the
U.S. Bankruptcy Court for the Western District of North Carolina to
employ D. Rodney Kight, Jr., Esq., at Kight Law Office as
bankruptcy counsel.

The Firm's services will include preparing, filing, defending, and
arguing motions to use cash collateral, to extend the automatic
stay, for relief from stay.  The Firm anticipates communicating
with claimants and the Bankruptcy Administrator's office,
negotiating possible resolutions to disputes, preparing and filing
a Disclosure Statement and Plan, reviewing and advising the Debtor
regarding monthly reports and quarterly reports and fees, and other
activities that are generally required in cases filed under Chapter
11 of the Bankruptcy Code.

The Firm will be paid at these hourly rates:

     D. Rodney Kight, Jr., Esq.        $395
     Paralegal                         $125

Mr. Kight assures the Court that he has no connection with the
Debtor, its creditors, or any other party-in-interest or their
respective attorneys which would cause him to be unable to
represent fully the interests of the Debtor and that he is a
disinterested person to represent the Debtor and the estate.

The Firm can be reached at:

     D. Rodney Kight, Jr., Esq.
     KlGHT LAW OFFICE, PC
     56 College Street, Suite 302
     Asheville, NC 28801
     Tel: (828) 255-9881
     Fax: (828) 255-9886
     E-mail: rod@kightlaw.com

Headquartered in Edneyville, North Carolina, The Congregation of
Unity, Inc., is a nonprofit church entity that will require legal
representation in this action.  As a corporate entity, it can only
appear through its agents and cannot represent itself pro se.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
N.C. Case No. 16-10260) on June 29, 2016, listing $1.72 million in
total assets and $579,317 in total liabilities.  The petition was
signed by Carol Brawley, director.

Judge George R. Hodges presides over the case.

D. Rodney Kight, Jr., Esq., at Kight Law Office serves as the
Debtor's bankruptcy counsel.


CONNTECH PRODUCTS: Hires CRG as Auctioneer
------------------------------------------
Conntech Products Corporation seeks authorization from the U.S.
Bankruptcy Court for the District of Connecticut to employ Capital
Recovery Group, LLC as auctioneer.

On March 16, 2016, the Debtor entered into a Stipulation on
Preliminary Order Authorizing use of Cash Collateral and Providing
Adequate Protection to Lender, which was approved by the Court on
March 16, 2016. The order requires the Debtor to file an
application to employ a commercial broker and file the application
for employment by march 29, 2016.

On March 29, 2016, the Debtor filed a Application to Employ a
Business Broker, for the employment of Capital Recovery Group, LLC
("CRG") and upon which the Court entered an Order Authorizing
Employment of a Business Broker, on April 22, 2016.

The Debtor requires CRG to assist in complying with the Bidding
Procedures.

The fees and costs to CRG, will be paid in accordance the Bidding
Procedure, which provide CRG shall be reimbursed for its actual
expenses incurred for the advertising of the auction, to maximum
amount of $12,500, plus compensation at the guaranteed amount of
$20,000 from the sale proceeds, or in the alternative a buyer's
premium of 10% for any bid higher than the offers of Potential
Purchasers for each of said lot, which Lot offers total $1,362,700.


The buyer's premium shall be paid by any Potential Bidder on the
entire amount of any bid made by any Potential Bidder, other than
the Potential Purchaser. In the event the successful purchaser is
the Potential Purchaser, the compensation to CRG shall be that
outlined with the Buyer's Premium based upon any increased amount
by which the final purchase price exceeds the existing amount
offered by the Potential Purchaser.

CRG 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 Debtor and its
estates.

CRG can be reached at:

      Capital Recovery Group, LLC
      1654 King Street
      Enfield, CT 06802
      Tel: 860-623-9060
      Fax: 860-623-9160
      
                 About Conntech Products

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

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

                     *     *     *

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

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


CONTROL SYSTEMS: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Control Systems Design and Automation, Inc.

Control Systems Design and Automation, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W. D. Ky. Case No.
16-10373) on April 20, 2016.  The petition was signed by Robert
Scheidegger, authorized representative.  

The case is assigned to Judge Joan A. Lloyd.

At the time of the filing, the Debtor disclosed $518,289 in assets
and $2.24 million in liabilities.


CROSBY US: Moody's Cuts Corporate Family Rating to Caa1
-------------------------------------------------------
Moody's Investors Service downgraded Crosby US Acquisition Corp.'s
Corporate Family Rating (CFR) to Caa1 from B3 and Probability of
Default Rating (PDR) to Caa1-PD from B3-PD. Moody's also assigned a
Caa1 rating to the $60 million first lien revolving credit facility
due 2020. Concurrently, the ratings on the $5 million first lien
revolver due 2018 and $560 million first lien term loan due 2020
were downgraded to Caa1 from B2, and the $90 million senior secured
second lien term loan was downgraded to Caa3 from Caa2. The ratings
outlook is stable.

Moody's took the following rating actions on Crosby US Acquisition
Corp.:

Ratings Downgraded:

Corporate Family Rating, to Caa1 from B3;

Probability of Default Rating, to Caa1-PD from B3-PD;

$5 million senior secured first-lien revolver due 2018,
to Caa1 (LGD3) from B2 (LGD3);

$560 million senior secured first-lien term loan due 2020,
to Caa1 (LGD3) from B2 (LGD3);

$90 million senior secured second-lien bank credit
facility, to Caa3 (LGD6) from Caa2 (LGD6).

Ratings Assigned:

$60 million senior secured first-lien revolver due 2020,
Caa1 (LGD3)

The ratings outlook is stable.

RATINGS RATIONALE

The downgrade of the CFR to Caa1 reflects the decreased demand for
Crosby's products across most of its end markets, particularly the
oil and gas end markets, which have meaningfully pressured
operating results over the last year. Moreover, Moody's does not
anticipate a rapid recovery in global industrial manufacturing
activity in the short term, which would help alleviate pressure in
Crosby's oil and gas end markets. These factors have weakened
Crosby's leverage, measured as debt / EBITDA (inclusive of Moody's
standard accounting adjustments for pensions and operating leases),
to the mid 9 times during the LTM March 31, 2016 period. Moody's
believes that leverage should improve over the next year given the
company's cost rationalization efforts and manufacturing efficiency
initiatives undertaken over the past year. These benefits are
likely to become fully realized in 2017 and should reduce leverage
towards 8 times.

The Caa1 CFR balances Crosby's high leverage and exposure to
capital-intensive and cyclical end markets against the company's
global presence, strong market position in highly engineered
industrial lifting and rigging equipment and meaningful customer
diversification. Moody's anticipates further revenue contraction in
2016 and likely into 2017 due to ongoing end market weakness.
Operating margins are expected to improve as the company begins to
yield greater cost savings from facility upgrades which are
expected to be completed in 2017. The company's global footprint,
strong market position, and good product diversity for
highly-engineered lifting & rigging equipment and custom material
handling solutions are supportive of the company's rating.

Moody's said, "Crosby's adequate liquidity profile is primarily
supported by an undrawn revolving credit facility with total
commitments of $65 million and good cash balances, which we expect
to be maintained at least in the $45 to $50 million range. Crosby
recently extended the maturity of $60 million of commitments under
its revolving credit facility to 2020 with the remaining $5 million
still due in 2018. Moody's anticipates a continuation of
temporarily elevated capital expenditures over the next few
quarters as the company completes a major facility upgrade. Crosby
has secured additional financing to fund this project. Moody's
believes cash balances plus revolver availability should be
sufficient to finance the company's cash outlays over the next 12
to 15 months. Moody's does not anticipate borrowings will trigger
the springing first lien net leverage ratio, which applies if
utilization exceeds 25% of the extended revolving facility. The
company is expected to maintain good headroom under the first lien
net leverage ratio so long as the market does not materially
deteriorate over the next twelve months. There are no financial
maintenance covenants in the term loan."

The two notch downgrade of the senior secured first-lien bank
credit facilities to Caa1 reflects the high amount of first lien
debt relative to the company's assets, which in Moody's view, would
likely not perform well in a recovery scenario.

The stable rating outlook balances Moody's view that Crosby's end
markets will remain weak, pressuring operating results, against
good liquidity that should provide the company with sufficient
resources to manage through the downturn in the intermediate term.

The rating could become pressured if the company's free cash flow
generation were anticipated to remain negative for an extended
period of time or if Crosby's liquidity position were to
meaningfully deteriorate. Moreover, EBITDA less capital
expenditures to interest below 1.0 times on a sustained basis could
also result in a ratings downgrade.

The company's high leverage coupled with the protracted downturn in
its end markets make a ratings upgrade within the next 12 months
unlikely. However, if the end markets improved meaningfully and the
company demonstrated the capacity to maintain leverage below 7
times and EBITDA -- Capex / Interest above 1.5 times, the rating
could experience upward momentum.

Crosby US Acquisition Corp, a subsidiary of Crosby Worldwide Ltd,
is a manufacturer of highly-engineered lifting and rigging
equipment, as well as customized material handling solutions. The
company is headquartered in Tulsa, Oklahoma and had annual revenues
of over $300 million through the LTM March 2016 period.


CSC HOLDINGS: Fitch Assigns BB+ Rating on Sr. Sec. Credit Facility
------------------------------------------------------------------
Fitch Ratings has assigned these issue ratings to debt assumed by
CSC Holdings, LLC [CSCH: Issuer Default Rating (IDR) 'B+']:

   -- Senior secured credit facility 'BB+/RR1';
   -- $1 billion of senior guaranteed notes due 2025 'BB/RR2';
   -- $1.8 billion of senior notes due 2023 'B+/RR4';
   -- $2 billion of senior notes due 2025 'B+/RR4'.

The credit facility and notes were assumed by CSCH from Neptune
Finco Corp. following the close of Altice N.V.'s (Altice)
acquisition of Cablevision Systems Corp. (CVC).  The Rating Outlook
is Negative.

Fitch downgraded CVC and CSCH's IDR on June 17, 2016, due to the
leveraging nature of Altice's acquisition of CVC (the transaction)
for an enterprise value of $17.7 billion, including $8.4 billion of
existing debt.  Pro forma leverage for the transaction increased to
8.6x from 5.3x at March 31, 2016, excluding anticipated cost
synergies and to 6.9x considering the realization of $450 million
in cost synergies.  Fitch expects EBITDA growth through cost
synergy realization will likely be the main driver of leverage
reduction.  Although Altice stated it is targeting leverage between
5x and 5.5x for both CVC and Suddenlink (see below) on a combined
basis, Fitch expects CVC will delever only to the mid-6x range over
the next 24 months.  Fitch believes CVC will meet its stated
leverage target only if it achieves the majority of Altice's
anticipated synergies, which total $1.05 billion (consisting of
$900 million in cost synergies and $150 million in capex
synergies).  In addition, Fitch expects that Cablevision's free
cash flow generation as a percentage of debt will range in the low
single digits during the rating horizon.

CVC is an unrestricted subsidiary of Altice and will maintain a
separate capital structure.  Transaction financing consists of $6
billion of incremental debt assumed by CSCH and $3.3 billion of
equity.  Approximately 70% of the equity financing was contributed
by Altice and the remaining 30% by BC Partners and Canada Pension
Plan Investment Board.  In October 2015, Altice's escrow subsidiary
(Neptune Finco Corp.) also issued an additional
$2.6 billion of debt that was subsequently assumed by CSCH, and was
used to refinance $2 billion of outstanding term loans at CSCH and
$480 million of term loans at Newsday, LLC, a CSCH subsidiary. The
escrow subsidiary merged into CSCH at the close of the
transaction.

The Negative Outlook reflects uncertainty around the viability and
timing of the potential synergies to drive EBITDA growth over the
next 18 to 24 months, which will likely be the main source of
deleveraging for CVC.

The transaction represents Altice's second acquisition of a U.S.
cable operator in the last six months.  In December 2015, Altice
officially entered the U.S. market after spending $9.1 billion to
acquire a 70% ownership stake in Suddenlink Communications
(Suddenlink), the seventh largest U.S. cable operator with
approximately 1.5 million subscribers.

                        KEY RATING DRIVERS

   -- The acquisition of CVC and Suddenlink by Altice will create
      the fourth largest MVPD operator in the U.S.;

   -- Although Altice has demonstrated its ability to achieve
      synergy targets at previous acquisitions, Fitch believes
      there is significant execution risk given that: 1) Altice is

      a new entrant to the U.S. market, 2) Altice has presented
      sizable synergies that may be difficult to realize entirely,

      and 3) it will not have contiguous operations that would
      benefit from scale efficiencies;

   -- Excluding synergies, pro forma leverage for the transaction
      increases to 8.6x from 5.3x at March 31, 2016.

Significant Execution Risk: Altice's ability to manage the
restructuring process and limit disruption to the company's overall
operations is key to the success of the transaction. Altice's
management anticipated $900 million of cost synergies after its
initial announcement of the transaction, but later clarified that
it expects to achieve $450 million of cost savings in the medium
term.  Fitch expects CVC to achieve $450 million of its anticipated
cost synergies over a three-year period.  However, Fitch believes
there is significant execution risk in achieving the remaining $450
million of the aggregate $900 million.  As such, Fitch has not
incorporated any additional cost synergies into its forecast beyond
the initial $450 million.

In order to achieve its synergies, Altice will focus on eliminating
excess corporate costs and on continuing investments in CVC's
network to improve the quality of service offerings provided and
significantly reduce network and operational costs of the business.
CVC's dense network should allow the company to more quickly
extract efficiencies.  Altice also believes it can eliminate excess
IT, billing system and software costs through the combination of
Cablevision and Suddenlink's operations.

Intense Competitive Environment: Video and voice subscriber
declines are largely attributed to intense competition and evolving
media consumption patterns.  Verizon Communications Inc. (Verizon)
has been a source of significant competition for CVC, as Verizon's
fiber network passes a significant portion of CVC's footprint.
Additionally, CVC faces competition from Frontier Communications
Corp. (Frontier) in its Connecticut footprint and from emerging OTT
providers such as Netflix and Amazon.com, Inc.'s 'Prime'.
Promotional package offerings from Verizon and Frontier will
continue to pressure CVC's ability to maintain its current
subscriber base and ARPU growth.  However, network investments by
Altice may position Cablevision to compete more effectively against
its competitors.

                         KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for CVC include:

   -- CVC achieves $450 million of its anticipated cost synergies
      related to the acquisition over a three-year period.
      Specifically, the company realizes 67% of the $450 million
      annualized cost synergies within 18 months of the close of
      the transaction;

   -- CVC revenue growth in the low single digits, reflecting the
      maturity and high penetration rate of the company's
      services;

   -- FCF margin in the low single digits during 2016 and 2017 as
      FCF is hampered by $225 million of restructuring costs and
      higher interest expense.  Margins are expected to increase
      to the mid-single digits starting in 2018 as synergies are
      fully realized.

                     RATING SENSITIVITIES

Future developments that may, individually or collectively, lead to
a stabilization of the rating include:

   -- Sustained reduction of leverage to below 6.5x;
   -- Clear indications that pricing and cost reduction
      initiatives are producing desired revenue growth
      acceleration and ARPU growth such that EBITDA margins
      approach the low- to-mid-30s;
   -- Cablevision demonstrating that its operating profile will
      not materially decline in the face of competition from other

      cable operators and against OTT providers in the evolving
      media landscape.

Negative ratings actions would likely coincide with:

   -- If the company does not present a credible deleveraging plan

      and leverage remains above 6.5x after an 18 - 24-month
      timeframe;
   -- The company is unable to sustain FCF margins in the mid-
      single digits;
   -- EBITDA margins remain weak compared to peer group or as a
      result of CVC's inability to realize synergies.

                           LIQUIDITY

Fitch considers CVC's liquidity position and overall financial
flexibility to be adequate given the current rating.  Liquidity is
supported by cash on hand totalling $934 million as of March 31,
2016 and $1.4 billion of available borrowing capacity from CSCH's
$1.5 billion revolver expiring April 2018.  Following the close of
the transaction, the old revolver was replaced with a $2 billion
revolver expiring October 2020.

The $2 billion of secured term loans outstanding at CSCH as of
March 31, 2016 were repaid at the close of the transaction and CSCH
assumed $3.8 billion of secured term loans due 2020 that were
previously issued at Altice's escrow subsidiary.  The new term
loans and revolver eliminate the financial covenants under the old
credit facility.  Going forward, the only financial covenant will
be under the new revolver that limits net senior secured leverage
to no more than 5x.  The financial covenant will be tested only if
there are outstanding borrowings under the new revolver.

Pro forma for the closing of the transaction and excluding
$1.2 billion of monetized indebtedness outstanding at March 31,
2016, Fitch estimates principal amounts of $38 million and $938
million mature in 2016 and 2017, respectively.  Approximately $1.6
billion matures in 2018.  Outside of $38 million in term-loan
amortization payments annually, Fitch expects CVC and CSCH to
refinance any upcoming maturities.

FULL LIST OF RATING ACTIONS

Fitch assigns these ratings:

CSC Holdings, LLC
   -- Senior secured credit facility 'BB+/RR1';
   -- $1 billion of senior guaranteed notes due 2025 'BB/RR2';
   -- $1.8 billion of senior notes due 2023 'B+/RR4';
   -- $2 billion of senior notes due 2025 'B+/RR4'.


CULTURE PROJECT: Taps Shafferman & Feldman as Bankruptcy Counsel
----------------------------------------------------------------
The Culture Project Inc. seeks permission from the U.S. Bankruptcy
Court for the Southern District of New York to employ Shafferman &
Feldman LLP as its general and corporate counsel to represent the
Debtor and assist it in carrying out its duties as a debtor in
possession under Chapter 11 of the Bankruptcy Code.

S&F will provide these services:

     (a) providing advice to the Debtor with respect to its powers
         and duties under the Bankruptcy Code in the continued
         operation of its business and the management of its
         property;

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

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

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

     (e) appearing before this Court to protect the interests of
         the Debtor and its estate, and representing the Debtor in

         all matters pending before the Court; and

     (f) performing all other legal services for the Debtor that
         may be necessary herein.

S&F will be paid $325 per hour for its services.

S&F has received a retainer from the Debtor, in the amount of
$11,717.  

Joel M. Shafferman, Esq., a member at S&F, assures the Court that
neither he nor S&F represent any interest adverse to the Debtor or
the estate in the matters upon which S&F is engaged and that S&F
and he are disinterested persons pursuant to Section 101(14) of the
Bankruptcy Code.

     Joel M. Shafferman, Esq.
     Shafferman & Feldman LLP
     137 Fifth Avenue, 9th Floor
     New York, NY 10010
     Tel: (212) 509-1802
     Fax: (212) 509-1831
     E-mail: joel@shafeldlaw.com

The Culture Project Inc. filed for Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 16-11874) on June 29, 2016.


CUMULUS MEDIA: Greywolf, et al., Hold 5.5% of Class A Shares
------------------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, Greywolf Event Driven Master Fund, Greywolf Capital
Management LP, Greywolf GP LLC and Jonathan Savitz disclosed that
as of June 24, 2016, they hold an aggregate of 12,845,373 shares of
Class A common stock of Cumulus Media Inc. representing 5.49
percent of the shares outstanding.  A copy of the regulatory filing
is available for free at https://is.gd/rdmw16

                      About Cumulus Media

Cumulus Media Inc. (CMLS) combines high-quality local programming
with iconic, nationally syndicated media, sports and entertainment
brands in order to deliver premium choices for listeners, provide
substantial reach for advertisers and create opportunities for
shareholders.  As the largest pure-play radio broadcaster in the
United States, Cumulus provides exclusive content that is fully
distributed through approximately 460 owned-and-operated stations
in 90 U.S. media markets (including eight of the top 10), more
than 10,000 broadcast radio affiliates and numerous digital
channels.  Cumulus is well-positioned in the widening digital
audio space through a significant stake in the Rdio digital music
service, featuring 30 million songs on-demand in addition to
custom playlists and exclusive curated channels.  Cumulus is also
the leading provider of country music and lifestyle content
through its NASH brand, which will serve country fans through
radio programming, NASH magazine, concerts, licensed products and
television/video.  For more information, visit
http://www.cumulus.com/

Cumulus Media put AR Broadcasting Holdings Inc. and three other
units to Chapter 11 protection (Bankr. D. Del. Lead Case No.
11-13674) in 2011 after struggling to pay off debts that topped
$97 million as of June 30, 2011.

Cumulus Media reported a net loss attributable to common
shareholders of $546.49 million on $1.16 billion of net revenue for
the year ended Dec. 31, 2015, compared to net income attributable
to common shareholders of $11.76 million on $1.26 billion of net
revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, Cumulus had $2.98 billion in total assets,
$2.98 billion in total liabilities, and $2.48 million in total
stockholders' equity.

                           *     *     *

The TCR reported on March 25, 2016, that Standard & Poor's Ratings
Services lowered its corporate credit ratings on Atlanta, Ga.-based
Cumulus Media Inc. and its subsidiary Cumulus Media Holdings Inc.
to 'CCC' from 'B-'.

As reported by the TCR on Sept. 17, 2015, Moody's Investors Service
downgraded Cumulus Media Inc.'s Corporate Family Rating to B3 from
B2.  Cumulus' B3 Corporate Family Rating reflects Moody's
expectation that debt-to-EBITDA will remain elevated and in the mid
to high 8x through FYE2015 (including Moody's standard adjustments)
due to continued revenue declines in core ad sales and network
revenue as well as the absence of political ad spending in 2015, an
odd numbered year.


DEPAUL INDUSTRIES: U.S. Trustee Forms 5-Member Committee
--------------------------------------------------------
The Office of the U.S. Trustee on July 6 filed an amended notice of
appointment of DePaul Industries' official committee of unsecured
creditors.

The Justice Department's bankruptcy watchdog announced that it
appointed these creditors to serve on the committee:

     (1) Benchmade Knife Co.
         c/o Tracy Krochmalny
         300 Beavercreek Rd.
         Oregon City, OR 97045
         Phone: (503) 655-6004
         Fax: (503) 655-7922
         Email: tkrochmalny@benchmade.com

     (2) Fiskars Brands, Inc.
         c/o Jeffrey Liebling
         2537 Daniels Street
         Madison, WI 53718
         Phone: (608) 294-4655
         Fax: (608) 294-4790
         Email: jeff.liebling@fiskars.com

     (3) Sensory Effects Cereal Systems, Inc.
         c/o Travis Larsen
         4343 NW 38th Street
         Lincoln, NE 68524
         Phone: (801) 820-1117
         Email: tlarsen@balchem.com           

     (4) Indoor Billboard/Northwest, Inc.
         c/o Jim Shulevitz
         PO Box 17555
         Portland, OR 97217
         Phone: (503) 289-9020
         Fax: (503) 289-9034
         Email: jim@indoor.com

     (5) Image Pressworks
         c/o Scott Norton
         4544 NE 190th Lane
         Portland, OR 97230
         Phone: (503) 381-2846
         Fax: (503) 231-2578
         Email: scott.n@imagepressworks.com

The agency also announced that it was not able to appoint a
committee of unsecured creditors in the Chapter 11 case of DePaul
Services Inc., an affiliate of DePaul Industries, because there are
no creditors on the list of 20 largest unsecured creditors filed in
that case.  The U.S. Trustee's notice of appointment did not
indicate that the two Chapter 11 cases continue to be jointly
administered.

                   About DePaul Industries

DePaul Industries is a non-profit corporation based in Portland,
Ore., founded in 1971 with a mission of providing employment
opportunities for people with disabilities.  DePaul Services, Inc.,
was formed in 2004 as a separate Oregon non-profit corporation to
segregate DPI's work for governmental entities from its
non-governmental work.  DePaul lost a major $1 million spice
packaging customer in 2015.

DPI and DSI filed chapter 11 petitions (Bankr. D. Ore. Case Nos.
16-32293 and 16-32294) on June 10, 2016, and are represented by
Jeffrey C. Misley, Esq., and Thomas W. Stilley, Esq., at Sussman
Shank LLP in Portland.  At the time of the filing, the Debtors
estimated their assets and liabilities at less than $10 million.

Gail Brehm Geiger, acting U.S. trustee for Region 18, on June 22
appointed five creditors in the jointly administered Chapter 11
cases of DePaul Industries and DePaul Services, Inc., to serve on
the official committee of unsecured creditors.


DIXIE ELECTRIC: Moody's Cuts CFR to Ca & Alters Outlook to Negative
-------------------------------------------------------------------
Moody's Investors Service downgraded Dixie Electric, LLC's
Corporate Family Rating (CFR) to Ca from Caa1 and changed the
rating outlook to negative from stable. Concurrently, Moody's
downgraded the Probability of Default Rating (PDR) to Ca-PD from
Caa1-PD and the bank credit facilities to Ca from Caa1.

"We do not expect a material improvement in activity levels through
2017 to offset the high interest burden and Dixie's ongoing
liquidity needs," said Moody's Assistant Vice President Morris
Borenstein.

Ratings Downgraded:

Corporate Family Rating, Downgraded to Ca from Caa1

Probability of Default Rating, Downgraded to Ca-PD
from Caa1-PD

$40 Million Senior Secured First Lien Revolving
Credit Facility due 2018, Downgraded to Ca (LGD4)
from Caa1 (LGD4)

$280 Million ($273 Million Outstanding) Senior
Secured First Lien Term Loan due 2020, Downgraded
to Ca (LGD4) from Caa1 (LGD4)

Outlook Action:

Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Dixie's Ca Corporate Family Rating reflects Moody's expectations
that activity levels and earnings will not recover in 2016 to
sustainably support its debt service and liquidity needs. Even if
energy prices recover, Moody's expects very weak earnings through
2017, driven by weak revenues, depressed pricing, and market
oversupply. These declines will result in a further deterioration
in credit metrics and heightened risk of a need to restructure its
debt. The rating also reflects Dixie's small scale, lack of
geographic and end-market diversification, and its reliance on the
highly cyclical upstream oil & gas sector. Asset coverage is very
weak with fixed assets of less than 40% of debt. Dixie has some
ability to shift some of its employee base of electricians to other
industrial work or into midstream and downstream capacities, albeit
at much lower margins.

The negative rating outlook reflects Moody's expectation revenue
and profitability will continue to be weak at least until middle of
2017.

The ratings could be downgraded if liquidity further deteriorates
or if there is a debt restructuring. A ratings upgrade is unlikely
unless there is a material improvement in the ability to service
debt with EBITDA to interest expected to be sustained above 1
times.

Headquartered in Odessa, Texas, Dixie Electric, LLC ("Dixie") is a
provider of well site electrification and automation infrastructure
to the upstream oil industry. The company offers design,
installation, modification, retrofit, upgrade, maintenance, repair
and decommissioning services. Dixie operates primarily in the
Permian and Bakken Basins. Revenue for the twelve months ended
March 31, 2016 was approximately $153 million. Dixie is majority
owned by private equity firm First Reserve.


E & E ENTERPRISES: Taps Beth W. Moore as Accountant
---------------------------------------------------
E & E Enterprises Global, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Virginia to hire Beth
W. Moore, CPA, PLLC as its accountant.

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

     (a) continue maintaining the Debtor's books and records;

     (b) assist in preparing the Debtor's tax returns; and

     (c) perform other functions to assist the Debtor in its
         reorganization including the preparation of monthly
         operating reports and financial projections in support of

         a Chapter 11 plan.

The firm's professionals and their hourly rates are:

     Beth Moore, CPA             $385
     Professional Staff    $85 - $225
     Bookkeeping            $60 - $90

In a court filing, Ms. Moore, managing partner, disclosed that her
firm is "disinterested" as defined in section 101(14) of the
Bankruptcy Code.

The Debtor can be reached through its counsel:

     Roy M. Terry, Jr.
     John C. Smith
     Sands Anderson PC
     P.O. Box 1998
     Richmond, VA 23218-1998
     Telephone: 804-648-1636
    
                     About E & E Enterprises

E & E Enterprises Global, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E. D. Va. Case No. 16-50334) on
March 15, 2016.  The petition was signed by Ernest Green, Jr.,
president and CEO.  

The case is assigned to Judge Frank J. Santoro.

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


E & E ENTERPRISES: Taps Linda Awkard as Counsel in Contract Rift
----------------------------------------------------------------
E & E Enterprises Global, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Virginia to hire a
special counsel.

E & E Enterprises proposes to hire Linda Awkard to assist the
Debtor in pursuing its claims against Defense Information Systems
Agency.  The claims stemmed from the termination of the Debtor's
contract with the agency.

Ms. Awkard will be paid $500 per hour for her services.

In a court filing, Ms. Awkard disclosed that she does not have any
relationship with or represent any of the Debtor's creditors.

Ms. Awkard maintains an office at:

     Linda Awkard
     4201 Cathedral Avenue, NW, Suite 1416
     Washington, D.C. 20016
     (202) 237-1535 (Voice)
     (202) 237-1204 (Fax)
     E-mail: lawkard@earthlink.net

                     About E & E Enterprises

E & E Enterprises Global, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E. D. Va. Case No. 16-50334) on
March 15, 2016.  The petition was signed by Ernest Green, Jr.,
president and CEO.  

The case is assigned to Judge Frank J. Santoro.

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


EAGLE INC: Committee Taps Caplin & Drysdale as Legal Counsel
------------------------------------------------------------
The official committee of unsecured creditors of Eagle, Inc. seeks
approval from the U.S. Bankruptcy Court for the Eastern District of
Louisiana to hire Caplin & Drysdale, Chartered as its legal
counsel.

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

     (a) advising and assisting the committee in its consultations

         with the Debtor and representative of future claimants,
         if one is appointed, relative to the administration of
         the Debtor's estate;

     (b) representing the committee at hearings;

     (c) advising and assisting the committee in its examination
         and analysis of the Debtor's conduct and financial
         affairs;

     (d) reviewing and analyzing all legal documents filed in the
         Debtor's case;

     (e) assisting the committee in preparing legal papers;

     (f) coordinating the receipt and dissemination of information

         prepared by and received from the Debtor's independent
         certified accountants or other professionals; and

     (g) assisting the committee in soliciting and filing with the

         court acceptances or rejections of any proposed plan of
         reorganization.

The hourly rates of Caplin & Drysdale professionals expected to
serve the committee are:

     Ann C. McMillan         Member       $730
     Kevin C. Maclay         Member       $620
     Todd E. Phillips        Member       $525
     Kevin M. Davis          Associate    $375
     Sally J. Sullivan       Associate    $295
     Cecilia Guerrero        Paralegal    $285
     Eugenia Benetos         Paralegal    $255
     Brigette A. Wolverton   Paralegal    $240

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

The firm can be reached through:

     Ann C. McMillan
     Caplin & Drysdale, Chartered
     600 Lexington Avenue, 21st Floor
     New York, NY 10022
     Tel: (212) 379-6000
     Fax: (212) 379-6001

                          About Eagle Inc.

Founded in 1920, Eagle, Inc., sold gaskets and insulation-related
products, many of which contained asbestos. Eagle discontinued the
distribution and sale of asbestos-containing products in the late
1970s and ceased all operations in 2006 other than the management
of asbestos litigation and insurance rights.

Eagle Inc. filed for Chapter 11 bankruptcy protection (Bankr. E.D.
La. Case No. 15-12437) on Sept. 22, 2015, with a goal of confirming
a plan of reorganization which implements a channeling injunction
and trust to resolve its liability for asbestos-related claims.
Judge Jerry A. Brown is assigned to the case.

The petition was signed by Raymond P. Tellini, the president.

The Debtor's schedules disclosed $1,517,044 in assets and
$1,220,112 in liabilities.  Full-text copies of the Schedules are
available at http://bankrupt.com/misc/EAGLEsal1006.pdf  

The Debtor has engaged Young Conaway Stargatt & Taylor, LLP, as
counsel; Barrasso Usdin Kupperman Freeman & Sarver, LLC as local
counsel; and Epiq Bankruptcy Solutions as claims, noticing and
balloting agent.

The U.S. Trustee for Region 5 has appointed three members to the
Official Committee of Unsecured Creditors.


ELBIT IMAGING: Assignees Execute $2 Million Investment Right
------------------------------------------------------------
Elbit Imaging Ltd. announced that a right to invest $2 million that
was given to INSIGHTEC's CEO and Chairman, Dr. Maurice R. Ferre,
has been assigned by him and the assignees notified INSIGHTEC about
the execution of the entire investment right.

The Company holds approximately 89.9% of the share capital of Elbit
Medical Technologies Ltd. (TASE: EMTC-M) (86.2% on a fully diluted
basis) which, in turn, upon the aforementioned investment right
execution, holds approximately 31.4% of the share capital in
INSIGHTEC (25.6% on a fully diluted basis).

                     About Elbit Imaging

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

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

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

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

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


ELBIT IMAGING: Terminates Lease Agreement with ILA
--------------------------------------------------
Elbit Imaging Ltd. announced the termination of an agreement,
signed on July 2007, with the Israel Land Administration, pursuant
to which, EI leased a plot of approximately 44,600 square meters
near Tiberius, Israel for a term of 49 years (through 2056).

Following the termination of the Agreement, ILA released two bank
guarantees in the aggregated amount of approximately NIS 13
million, which have been provided to ILA in order to secure EI
undertakings under the Agreement.

The Company estimates it will be entitled to receive additional
proceeds from ILA following the termination of the Agreement.
However, at this stage, the Company cannot estimate the amount and
the timing of such additional proceeds from ILA.

                       About Elbit Imaging

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

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

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

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

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


EPICENTER PARTNERS: Files Schedules of Assets and Liabilities
-------------------------------------------------------------
Epicenter Partners LLC filed with the U.S. Bankruptcy Court for the
District of Arizona its amended schedules of assets liabilities,
disclosing:

     Name of Schedule        Assets             Liabilities
     ----------------        ---------------    --------------
  A. Real Property           $141,774,455.00
  B. Personal Property       $  1,438,210.00
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                             $65,656,081.78
  E. Creditors Holding
     Unsecured Priority
     Claims                                     $    86,735.62    
  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                     $ 1,170,461.85
                            ---------------     --------------
        Total               $143,212,665.00     $66,913,279.25

A copy of the schedules is available for free at:

                        http://goo.gl/5J2knp

                       About Epicenter Partners

Epicenter Partners LLC and Gray Meyer Fannin LLC sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Lead Case
No. 16-05493) on May 16, 2016.  The Debtors tapped Thomas J.
Salerno, Esq. -- thomas.salerno@stinsonleonard.com -- at Stinson
Leonard Street, LLP, as their Chapter 11 counsel.


EPICOR SOFTWARE: S&P Puts 'B' CCR on CreditWatch Developing
-----------------------------------------------------------
S&P Global Ratings said it placed its 'B' corporate credit rating
on Austin, Texas-based Epicor Software Corp. on CreditWatch with
developing implications.

In addition, S&P placed on CreditWatch with developing implications
its 'B' issue-level rating on the company's $100 million revolving
facility expiring 2020 and $1.4 billion first-lien senior secured
term loan due 2022, and S&P's 'CCC+' issue-level rating on the
company's $610 million second-lien senior secured term loan due
2023.

"The CreditWatch placement follows the announcement that KKR has
agreed to acquire Epicor Software from Apax Partners," said S&P
Global Ratings credit analyst Tuan Duong.

S&P do not have final information on the capital structure and are
unable to determine the impact on credit metrics at this time.  The
terms of the transaction have not been disclosed.  The company
expects to close the transaction by Aug. 31, 2016, subject to
customary conditions to closing, including regulatory approvals.

S&P could raise, lower, or affirm the rating depending on the final
capital structure and credit metrics.  S&P will resolve the rating
once that has been determined as the transaction close date
approaches.


EROSOL LLC: Taps Arnall Golden as Bankruptcy Counsel
----------------------------------------------------
S. Gregory Hays, as Chapter 11 Trustee for the bankruptcy estate of
Erosol, LLC, asks for authorization from the U.S. Bankruptcy Court
for the Northern District of Georgia to employ the firm Arnall
Golden Gregory LLP to act as his attorneys in this case.

The Firm will:

     (a) advise, assist, and represent Applicant with respect to
         the Debtor's rights, powers, duties, and obligations in
         the administration of this case, and the collection,
         preservation, and administration of assets of Debtor's
         estate;

     (b) advise, assist, and represent the Debtor with regard to
         any claims and causes of action which the estate may have

         against various parties including, without limitation,
         claims for preferences, fraudulent conveyances, improper
         disposal of assets, and other claims or rights to
         recovery granted to the estate; to institute appropriate
         adversary proceedings or other litigation and to
         represent the Debtor therein with regard to claims and
         causes of action; and to advise and represent the Debtor
         with regard to the review and analysis of any legal
         issues incident to any of the foregoing;

     (c) advise, assist, and represent the Debtor with regard to
         investigation of the desirability and feasibility of the
         rejection or assumption and potential assignment of any
         executory contracts or unexpired leases, and to advise,
         assist, and represent the Debtor with regard to liens and

         encumbrances asserted against property of the estate and
         potential avoidance for the benefit of the estate, within

         Chapter 11 Trustee's rights and powers under the
         Bankruptcy Code, and the initiation and prosecution of
         appropriate proceedings in connection therewith;

     (d) advise, assist, and represent the Debtor in connection
         with all applications, motions, or complaints concerning
         reclamation, sequestration, relief from stay, disposition

         or other use of assets of the estate and all other
         similar matters;

     (e) advise, assist, and represent the Debtor in connection
         with the sale or other disposition of any assets of the
         estate, including, without limitation, the investigation
         and analysis of the alternative methods of effecting
         same; employment of auctioneers, appraisers, or other
         persons to assist with regard thereto; negotiations with
         prospective purchasers and the evaluation of any offers
         received; the drafting of appropriate contracts,
         instruments of conveyance, and other documents with
         regard thereto; the preparation, filing, and service as
         required of appropriate motions, notices, and other
         pleadings as may be necessary to comply with the U.S.
         Bankruptcy Code with regard to all of the foregoing; and
         representation of the Debtor in connection with the
         consummation and closing of any transactions;

     (f) prepare pleadings, applications, motions, reports, and
         other papers incidental to administration, and to conduct

         examinations as may be necessary pursuant to Bankruptcy
         Rule 2004 or as otherwise permitted under applicable law;

     (g) provide support and assistance to the Debtor with regard
         to the proper receipt, disbursement, and accounting for
         funds and property of the estate; and

     (h) perform any and all other legal services incident or
         necessary to the proper administration of this case and
         the representation of Applicant in the performance of
         the Debtor's duties and exercise of the Debtor's rights
         and powers under the Bankruptcy Code.

The Firm will be paid at these hourly rates:

         Neil C. Gordon, Esq.                   $550
         Frank N. White, Esq.                   $495
         Michael F. Holbein, Esq.               $450
         Michael J. Bargar, Esq.                $365
         Angela G. Ford, Esq.                   $175
         Nancy J. Overholtzer, Esq.             $175
         Pamela E. Bicknell, Esq.               $175
         Carol A. Stewart, Esq.                 $160

Michael J. Bargar, Esq., an associate with the Firm, assures the
Court that the Firm has no professional, business, or other
connection with the aforementioned Debtor, its attorney, creditors,
or any party in interest in this case, and that the Firm represents
no interest which would be adverse to the estates of Debtor in
connection with the matters upon which the Firm is to be engaged.

The Firm can be reached at:

     Michael J. Bargar, Esq.
     Arnall Golden Gregory LLP
     171 17th Street, NW, Suite 2100
     Atlanta, GA 30363
     Tel: (404) 873-8500
     E-mail: michael.bargar@agg.com

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


FIREBALL ENTERPRISES: Hires Craig Marcum as President
-----------------------------------------------------
Fireball Enterprises, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Southern District of West Virginia to
employ Craig Marcum as President.

The Debtor requires Craig Marcum to:

     a. enter into haul contracts - Operation of the business;

     b. responsible for purchase of all supplies and maintenance of
vehicles;

     c. supervise the dispatch of all employees;

     d. cooperate with bankruptcy counsel on all mattes necessary
to the administration of the Chapter 11 bankruptcy case;

     e. cooperate with the Debtor's counsel in preparation of a
Disclosure Statement and Reorganisation Plan; and

     f. assist in preparation of a cash flow analysis and budget.

Mr. Marcum will be compensated in the amount of $1,000 per month,
as funds are available.  This is the same compensation paid
pre-petition.

Fireball Enterprises, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. S.D. W.Va. Case No. 2:16-bk-20334) on June 21, 2016,
listing under $1 million in both assets and liabilities.  Joseph W.
Caldwell, Esq., at Caldwell & Riffee, serves as bankruptcy counsel.


FREESEAS INC: Common Stock Delisted from NASDAQ
-----------------------------------------------
The NASDAQ Stock Market LLC filed a Form 25 with the Securities and
Exchange Commission notifying the removal from listing or
registration under Section 12(b) of the Securities Exchange Act of
1934 of FreeSeas Inc.'s common stock on the Exchange.

                      About FreeSeas Inc.

Headquartered in Athens, Greece, FreeSeas Inc., formerly known as
Adventure Holdings S.A., was incorporated in the Marshall Islands
on April 23, 2004, for the purpose of being the ultimate holding
company of ship-owning companies.  The management of FreeSeas'
vessels is performed by Free Bulkers S.A., a Marshall Islands
company that is controlled by Ion G. Varouxakis, the Company's
Chairman, President and CEO, and one of the Company's principal
shareholders.

The Company's fleet consists of six Handysize vessels and one
Handymax vessel that carry a variety of drybulk commodities,
including iron ore, grain and coal, which are referred to as
"major bulks," as well as bauxite, phosphate, fertilizers, steel
products, cement, sugar and rice, or "minor bulks."  As of
Oct. 12, 2012, the aggregate dwt of the Company's operational
fleet is approximately 197,200 dwt and the average age of its
fleet is 15 years.

Freeseas reported a net loss of US$52.94 million on US$2.30 million
of operating revenues for the year ended Dec. 31, 2015, compared to
a net loss of US$12.68 million on US$3.77 million of operating
revenues for the year ended Dec. 31, 2014.  As of Dec. 31, 2015,
FreeSeas had US$18.71 million in total assets,
US$35.47 million in total liabilities and a total shareholders'
deficit of US$16.76 million.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company has incurred recurring operating
losses and has a working capital deficiency.  In addition, the
Company has failed to meet scheduled payment obligations under its
loan facilities and has not complied with certain covenants
included in its loan agreements and is in default in other
agreements with various counter parties.  Furthermore, the vast
majority of the Company's assets are considered to be highly
illiquid and if the Company were forced to liquidate, the amount
realized by the Company could be substantially lower that the
carrying value of these assets.  These conditions among others
raise substantial doubt about the Company's ability to continue as
a going concern.


FTS INT'L: S&P Lowers CCR to 'SD' on Completed Debt Repurchase
--------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Fort
Worth, Texas-based oilfield services provider FTS International
Inc. (FTSI) to 'SD' (selective default) from 'CC'.

At the same time, S&P lowered the issue-level ratings on FTSI's
term loan due 2021 and senior secured notes due 2022 to 'D' from
'CC'.  The recovery ratings on these debt instruments remain '5',
indicating modest (10% to 30%; higher end of range) recovery to
creditors if a payment default occurs.

"The downgrade follows FTSI's announcement that it has completed a
repurchase of a portion of its senior secured notes due 2022 and
its term loan due 2021 at below par," said S&P Global Ratings
credit analyst Christine Besset.

"We view the transaction as distressed because investors received
less than what was promised on the original securities and because
we believe that FTSI's current capital structure is unsustainable
given the severely depressed industry conditions.  We expect to
review the corporate credit and issue-level ratings when we assess
the likelihood of further debt repurchases as low.  Our analysis
will incorporate the company's current liquidity position, and
high, though marginally improved, leverage measures," S&P said.


GARDENS REGIONAL: U.S. Trustee Forms 2-Member Committee
-------------------------------------------------------
The Office of the U.S. Trustee on July 5 appointed two creditors of
Gardens Regional Hospital and Medical Center, Inc., to serve on the
official committee of unsecured creditors.

The committee members are:

     (1) Rob Speeney
         Cardinal Health 200, LLC
         7000 Cardinal Place
         Dublin, OH 43017
         Telephone: (614) 533-3125
         Email: rob.speeney@cardinalhealth.com

     (2) Robert Zadek
         Lenders Funding, LLC
         1001 Bridgeway, #721
         Sausalito, CA 94965
         Telephone: (415) 227-3585
         Email: rzadek@buchalter.com

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

                     About Gardens Regional

Gardens Regional Hospital and Medical Center, Inc., fka Tri-City
Regional Medical Center, leases a 137- bed, acute care hospital
doing business at 21530 South Pioneer Boulevard, Hawaiian Gardens,
Los Angeles, California.  The Debtor provides a full range of
inpatient and outpatient services, including, but not limited to,
medical acute care, general surgical services, bariatric surgery
services (for weight loss), spine surgery services, orthopedic and
sports medicine and joint replacement services, wound care and pain
management services, physical therapy, respiratory therapy,
outpatient ambulatory services, diagnostic services, radiology and
inpatient/outpatient imaging services, laboratory and pathology
services, geriatric services, and community wellness and education
programs.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. C.D.
Calif. Case No. 16-17463) on June 6, 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 Brian Walton,
chairman of the Board.  Judge Ernest M. Robles presides over the
case.  Samuel R Maizel, Esq., and John A Moe, Esq., at Dentons US
LLP serves as the Debtor's bankruptcy counsel.


GLACIERVIEW HAVEN: Ch.11 Trustee Hires Andrew Wilson as Accountant
------------------------------------------------------------------
Andrew Wilson, the Chapter 11 Trustee for Glacierview Haven, LLC,
asks the U.S. Bankruptcy Court for the Western District of
Washington for permission to employ himself as accountant for the
bankruptcy estate.

Wilson has a business degree in Accounting and Finance, and has
managed the business finances for multiple companies, and has
familiarity with Bankruptcy Code provisions and with the Bankruptcy
Code rules.

As accountant, the Chapter 11 Trustee will:

     a. set up, supervise and maintain books of account with
respect to the Debtors' business
  
     b. analyze existing records of the Debtors and related
entities

     c. assist in the day-to-day financial management of the
Debtors;

     d. collect and account for funds received by the Debtors and
disburse such funds, where appropriate, and accounting for such
disbursements;

     e. assist in the potential development and prosecution of
various calling and choses in action, preference claims, and in all
litigation in which the financial records of the Debtors and/or
related entities are likely to be used as evidence;

     f. investigate potential causes of action

     g. provide analysis with regard to certain aspects of proposed
sales of assets including tax consequences, and accounting
assistance for any closings; and

     h. otherwise assist in all aspects of the Trustee's
performance of his duties.

Mr. Wilson proposes to be paid on a general retainer basis, with
payment will be made on an interim basis at the regular hourly
rates charged for services by the members of the firm.

Mr. Wilson assured the Court that he does not represent any
interest adverse to the Debtor and their estates.

              About Glacierview Haven et al.

Glacierview Haven, LLC filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Wash. Case No. 15-17327) on December 17, 2015.  Marc
S. Stern, Esq., served as bankruptcy counsel to the Debtor.

Forest Court, LLC filed a Chapter 11 petition (Bankr. W.D. Wash.
Case No. 15-17329) on December 17, 2015, represented by Mr. Stern.

Skagit River Resort, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-11632) on March 28,
2016.  The petition was signed by Don Clark, manager. The Debtor
was also represented by Mr. Stern.  Skagit River disclosed total
assets of $2.22 million and total debts of $894,828.

The Court later consolidated the three cases for procedural
purposes; and then appointed Andrew Wilson as the Chapter 11
Trustee.


GLACIERVIEW HAVEN: Ch.11 Trustee Hires Bush Kornfeld as Counsel
---------------------------------------------------------------
Andrew Wilson, the Chapter 11 Trustee for Glacierview Haven, LLC,
asks the U.S. Bankruptcy Court for the Western District of
Washington for permission to employ Bush Kornfled LLP as his
counsel.

The Chapter 11 Trustee requires Bush Kornfeld to:

     a. examine the officers of Glacierview Haven, LLC, Forest
Court LLC and/or Skagit River Resort, LLC, debtors-in-possession
with respect to the administratively consolidated bankruptcy cases,
and other parties as to the acts, conduct, and property of the
Debtors;

     b. prepare of records and reports as required by the
Bankruptcy Rules and the Local Bankruptcy Rules;

     c. prepare of application and proposed orders to be submitted
to the Court;

     d. identify and prosecute of claims and causes of action
assertable by the Trustee;

     e. examine of Proofs of Claim previously filed and to be
filed, and the possible prosecution of objections to certain of
those claims;

     f. advise the Trustee and prepare documents in connection with
the contemplated potential ongoing operation of the Debtors'
business;

     g. advise the Trustee and prepare documents in connection with
the potential liquidation of the assets, including analysis and
collection of outstanding receivables;

     h. advise the Trustee with respect to any proposed plan of
reorganization or liquidation, and representing the Trustee in the
process of the Court considering confirmation of such plan; and

     i. assist and advise the Trustee in performing his other
official function as set forth in section 1104 of the Bankruptcy
Code or any other functions or matters which may require his
attention

Bush Kornfeld will be compensated in accordance with the terms and
conditions under a general retainer based on time and billable
charges.

Christine M. Tobin-Presser, partner of Bush Kornfeld assured the
Court that he does not represent any interest adverse to the Debtor
and their estates.

Bush Kornfeld can be reached at:

       Christine M. Tobin-Presser
       Bush Kornfeld LLP
       601 Union St., Suite 5000
       Seattle, WA 98101-2373
       Telephone: (206)292-2110
       Facsimile: (206)292-2104

              About Glacierview Haven et al.

Glacierview Haven, LLC filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Wash. Case No. 15-17327) on December 17, 2015.  Marc
S. Stern, Esq., served as bankruptcy counsel to the Debtor.

Forest Court, LLC filed a Chapter 11 petition (Bankr. W.D. Wash.
Case No. 15-17329) on December 17, 2015, represented by Mr. Stern.

Skagit River Resort, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-11632) on March 28,
2016.  The petition was signed by Don Clark, manager. The Debtor
was also represented by Mr. Stern.  Skagit River disclosed total
assets of $2.22 million and total debts of $894,828.

The Court later consolidated the three cases for procedural
purposes; and then appointed Andrew Wilson as the Chapter 11
Trustee.


GLOBAL EMERGENCY: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Global Emergency Resources, LLC
        1030 Stevens Creek Road
        Augusta, GA 30907

Case No.: 16-10908

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Southern District of Georgia (Augusta)

Judge: Hon. Susan D. Barrett

Debtor's Counsel: Todd Boudreaux, Esq.
                  BOUDREAUX LAW FIRM
                  493 Furys Ferry Road
                  Augusta, GA 30907
                  Tel: 706-869-1334
                  Fax: 706-869-3143
                  E-mail: toddb@csra.law

Total Assets: $880,144

Total Liabilities: $4.74 million

The petition was signed by Stan J. Kuzia Jr., CEO and Chairman of
the Board.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/gasb16-10908.pdf


GLOBAL HOUGHTON: S&P Affirms 'B' CCR & Revises Outlook to Neg.
--------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating and
revised its rating outlook on Global Houghton Ltd. to negative from
stable.

"At the same time, we affirmed our 'B+' issue-level rating (one
notch above the corporate credit rating) and '2' recovery rating on
the company's first-lien secured credit facilities, consisting of a
$50 million revolving credit facility, $455 million first-lien term
loan, and EUR100 million first-lien term loan.  The '2' recovery
rating indicates our expectation of substantial (lower
half of the 70% to 90% range) recovery in the event of a default.
We also affirmed our 'B-' issue-level (one notch below the
corporate credit rating) and '5' recovery rating on the company's
$200 million second-lien term loan.  The '5' recovery rating
indicates our expectation of modest (lower half of the 10% to 30%
range) recovery in the event of a default," S&P noted.

"We based our outlook revision on our assessment of the company's
weaker than previously expected operating performance in 2015, and
our expectation that operating results will continue to remain
challenged through 2016," said S&P Global Ratings credit analyst
Brian Garcia.

"Our negative outlook reflects our view that there is a risk that
operating performance could further weaken in the next 12 months,
resulting in credit measures weaker than what we would expect at
the current rating.  As a result, we now believe there is at least
a one-third chance of a negative rating action in the next 12
months.  We believe that management will continue to maintain a
prudent approach to funding growth and shareholder rewards.  We
also expect management to be proactive in obtaining covenant relief
if covenant compliance became a risk.  Although we expect 2016 debt
to EBITDA could reach above 7x, we expect weighted average debt to
EBITDA to be at or below 7x.  We also believe that management will
be proactive in extending the December 2017 maturity of its
revolving credit facility," S&P said.

"We could lower the rating within the next couple of quarters if a
decline in volumes without offsetting cost reductions or
improvements to raw material margins results in credit measures
deteriorating to levels weaker than what we would expect at the
current rating.  We could lower the ratings if weighted average
debt to EBITDA weakened to above 7x on a sustainable basis.  A
deterioration of liquidity or aggressive financial policy decisions
could lead to similar credit measures, which could lead us to a
downgrade.  We could also lower ratings if we expect covenant
compliance to be a risk, without management being proactive in
obtaining covenant relief.  Additionally, we could downgrade the
company if we don't expect management to extend the maturity of its
revolving credit facility in a timely manner," S&P said.

S&P could revise its outlook to stable from negative within the
next couple of quarters if an improvement in EBITDA resulted in
strengthened credit measures.  To revise the outlook to stable, S&P
would expect weighted average debt to EBITDA to remain below 7x on
a sustainable basis.  To consider an outlook revision, S&P would
also expect management to continue to maintain a prudent approach
to funding growth and shareholder rewards.  S&P would also expect
the company to maintain adequate liquidity, which would include
S&P's expectation that management is proactive in obtaining
covenant relief if covenant compliance became a risk, as well as
extending the maturity of its revolving credit facility in a timely
manner.


GREATER ADELAIDE CHURCH: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Greater Adelaide Church, a Tennessee
Unincorporated Association.

Greater Adelaide Church, a Tennessee Unincorporated Association
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W.D. Tenn. Case No. 16-24693) on May 19, 2016.  The Debtor is
represented by Toni Campbell Parker, Esq., at Law Office of Toni
Campbell Parker.


GREEN ENERGY: Taps Lentz Clark as Legal Counsel
-----------------------------------------------
Green Energy Products, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Kansas to hire Lentz Clark Deines PA.

Lentz Clark will serve as the Debtor's legal counsel in connection
with its Chapter 11 case.  The Debtor proposes to pay $350 per hour
for the firm's partners, $200 for associates, and $90 for
paralegals.

Jeffrey A. Deines, Esq., at Lentz Clark, disclosed in a court
filing that the firm does not represent any interest adverse to the
Debtor or its estate.

The firm can be reached through:

     Jeffrey A. Deines
     Lentz Clark Deines PA
     9260 Glenwood
     Overland Park, KS 66212
     Telephone: (913) 648-0600
     Telecopier: (913) 648-0664
     E-mail: jdeines@lcdlaw.com

                        About Green Energy

Green Energy Products, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Kan. Case No. 16-21278) on July 5,
2016.  The petition was signed by Richard Belt, shareholder.  

The case is assigned to Judge Dale L. Somers.

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


GROWER'S ORGANIC: Hires Blue Stone for Financial Advisory Services
------------------------------------------------------------------
Grower's Organic, LLC seeks authorization from the U.S. Bankruptcy
Court for the District of Colorado to Blue Stone Advisor, LLC to
provide professional financial advisory services.

Pre-petition the Debtor suffered from a number of organizational
deficiencies, including poor accounting,and employee taking
advantage of compensation and incentive program.

The Debtor requires Blue Store to provide professional financial
advisory and turnaround management services because of their
substantial experience in the field.

Blue Stone will bill for its services as an hourly rate, with time
billed by the tenth of an hour. Mr. Deprez's current charges $350
per hour but has agreed to reduced his typical rate to $200 per
hour to assist the Debtor with its restructuring.

Robert Deprez, member of Blue Stone Advisor LLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Blue Stone may be reached at:

       Robert Deprez
       Blue Stone Advisor LLC
       888 Logan Street - 2F
       Denver, CO 80203
       Phone: 630-561-4262

             About Grower's Organic, LLC

Grower's Organic, LLC filed a Chapter 11 bankruptcy petition
(Bankr. D.Co. Case No. 15-19683) on August 28, 2015.  The Debtor
owns and operate a wholesale organic food distributor in Denver,
Colorado.  The Hon. Elizabeth E. Brown presides over the case.
Kutner Brinen Garber, P.C. represents the Debtor as counsel.  In
its petition, the Debtor estimated $0 to $50,000 in assets and $1
million to $10 million in liabilities. The petition was signed by
Brian Freeman, managing member.


HERCULES OFFSHORE: Hires Morris Nichols as Co-counsel
-----------------------------------------------------
Hercules Offshore, Inc., and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Delaware to
employ Morris, Nichols, Arsht & Tunnel LLP as co-counsel for the
Debtors, nunc pro tunc to June 6, 2016.

The Debtors require Morris Nichols to:

     a. perform all necessary services as the Debtors' Delaware
bankruptcy co-counsel, including, without limitation, providing the
Debtors with advice, representing the Debtors, and preparing
necessary documents of behalf of the Debtors in the areas of
restructuring and bankruptcy;

     b. coordinate with Akin Gump in representing the Debtors in
connection with these cases;

     c. take all necessary actions to protect and preserve the
Debtors' estates during these chapter 11 cases, including the
prosecution of actions by the Debtors, the defense of any actions
commenced against the Debtors, negotiations concerning litigation
in which the Debtors as involved, and objecting to claims filed
against the estates;

     d. prepare or coordinate preparation on behalf of the Debtors,
as debtors in possession, any necessary motions, applications,
answers,orders, reports, and papers in connection with the
administration of these chapter 11 cases;

     e. counsel the Debtors with regard to their rights and
obligations as debtors in possession;

     f. serve as conflicts counsel; and

     g. perform all other necessary legal services.
  
Morris Nichols will be paid at these hourly rates:

      Partners                           $575-$975
      Associate and Special Counsel      $330-$625
      Paraprofessionals                  $275-$315
      Case Clerks                        $175

On April 14, 2016, Morris Nichols invoiced the Debtors for the
amount of $26,755.14 for post- emergence services through March 31,
2016, and that invoice was paid in full by wire transfer on April
26, 2016. On May 9, 2016, Morris Nichols invoiced the Debtors for
the amount of $829.50 for post-emergence services through April 30,
2016, and that amount was paid in full by wire transfer on May 11,
2016. As of May 31, 2016, Morris Nichols had accrued, unpaid fees
and expenses totaling $367.50. Morris Nichols has agreed to waive
this amount.

On June 1, 2016, Morris Nichols received a payment of $100,000 as
an advance fee for services to be rendered and expenses to be
incurred in connection with Morris Nichols’s representation of
the Debtors. On June 3, 2016, Morris Nichols applied $16,824.10
against the advance, leaving an advance payment retainer balance of
$83,175.90. In addition, on June 3, 2016, Morris Nichols received
an additional payment of $67,579.10 as an advance fee for services
to be rendered and expenses to be incurred in connection with
Morris Nichols’s representation of the Debtors through the
expected petition date of June 5, 2016, including chapter 11 filing
fees. Accordingly, Morris Nichols currently holds a balance of
$150,755.00 as an advance payment for services to be rendered and
expenses to be incurred in connection with its representation of
the Debtors (the “Current Advance").

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

Robert J. Denhey, partner at Morris, Nichols, Arsht & Tunnel LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

The following is provided in response to the request for additional
information set forth in D1 of the U.S. Trustee's Appendix B
Guidelines:

     -- Morris Nichols represented the Debtors in their prior
chapter 11 cases before this Court. Morris Nichols charged its
regular hourly rates in effect at the time in in the prior cases.
Morris Nichols’s rates were adjusted on an annual basis on
January 1, 2016, and were applicable to Morris Nichols’s post-
emergence work in connection with the prior chapter 11 cases. The
hourly rates for Morris Nichols’s engagement in these cases are
the same as the rates in effect in the prior engagement as of
January 1, 2016.

     -- Morris Nichols will work with the Debtors to approve a
prospective budget and staffing plan for Morris Nichols’s
engagement for the postpetition period as appropriate. The budget
may be amended as necessary to reflect changed or unanticipated
circumstances.

By separate application, the Debtors request that the court will
approve the retention and employment of Akin Group as lead lead
bankruptcy counsel for the Debtors.

Morris Nichols may be reached at:

       Robert J. Denhey, Esq.
       Morris, Nichols, Arsht & Tunnel LLP
       1201 North Market Street, 16th Floor
       Wilmington, DE 19801

          About Hercules Offshore

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

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

The Debtors listed total assets of $1.06 billion and total debts of
$521.37 million as of March 31, 2016.    The Debtors have hired
Akin Gump Srauss Hauer & Feld LLP as general bankruptcy counsel and
Morris, Nichols, Arsht & Tunnell LLP as co-counsel.

Andrew Vara, acting U.S. trustee for Region 3, appointed Archer
Capital Management LP and two others to serve on the committee of
equity security holders in the Chapter 11 case of Hercules
Offshore, Inc.


HHH CHOICES: Ombudsman to File Third Interim Report on July 13
--------------------------------------------------------------
David N. Crapo, the patient care ombudsman appointed for HHH
Choices Health Plan, LLC, will be filing a third Ombudsman Report
on July 13, 2016, in the U.S. Bankruptcy Court for the Southern
District of New York.

To obtain a copy of the Third Report or additional information,
please contact:

         Gibbons P.C.
         David N. Crapo, Esq.
         One Gateway Center
         Newark NJ 07102-5310
         Tel: (973) 596-4523
         Fax: (973) 639-6244
         E-mail: dcrapo@gibbonslaw.com

                  About HHH Choices Health Plan

Three alleged creditors owed about $1.9 million submitted an
involuntary Chapter 11 petition for HHH Choices Health Plan, LLC on
May 4, 2015 (Bankr. S.D.N.Y. Case No. 15-11158) in Manhattan.

The petitioners are The Royal Care, Inc., (allegedly owed
$772,762), Amazing Home Care Services ($1,178,752), and InterGen
Health LLC ($42,298), all claiming that they are owed by the Debtor
for certain services rendered.  They all tapped Marc A. Pergament,
Esq., at Weinberg, Gross & Pergament, LLP, in Garden City, New
York, as counsel.

With the consent from the board of directors, the Debtor filed a
notice of consent to order for relief on June 1, 2015, and an order
for relief was entered on June 22, 2015.

Judge Michael E. Wiles oversees the case.

On Jan. 14, 2016, this Court entered an order administratively
consolidating the chapter 11 case of the Debtor with the chapter 11
cases of its affiliates, HHH Choices Health Plan, LLC and Hebrew
Hospital Home of Westchester, Inc. (Case Nos. 15-11158, 15-13264,
and 16-10028).

HHH Choices Health Plan, LLC tapped Harter Secrest & Emery LLP as
legal counsel.

On Dec. 28, 2015, the U.S. Trustee for Region 2, appointed five
members to the Committee.  The current members of the Committee
are: (a) 1199 SEIU Benefit and Pension Funds; (b) Andrea Taber,
Esq. on behalf of Lucille and Selig Popik; (c) Richard A. Bobbe;
(d) Mary Blumenthal-Lane on behalf of Julie Blumenthal; and (e)
Peter Clark on behalf of Ann Clark.

Thomas R. Califano, Esq. at DLA Piper LLP (US), represents the
Committee.  The panel tapped CohnReznick LLP, as its financial
advisor.


HORNBECK OFFSHORE: S&P Lowers CCR to 'CCC+', Outlook Negative
-------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
Covington, La.-based offshore vessel provider Hornbeck Offshore
Services Inc. to 'CCC+' from 'B+'.  The outlook is negative.

At the same time, S&P lowered its issue-level rating on the
company's unsecured debt to 'B-' from 'BB-'.  The recovery rating
on this debt is '2', indicating S&P's expectation of meaningful
(70% to 90%, lower half of the range) recovery to creditors in the
event of a payment default.  

The ratings on Hornbeck reflect S&P's assessment of the company's
business risk as weak (revised from fair), its financial risk as
highly leveraged (revised from aggressive), and liquidity as
adequate. Hornbeck operates in the marine services business,
focusing on support for offshore drilling rigs.  S&P considers
marine services to be highly competitive, with relatively few
barriers to entry.  Hornbeck currently operates a fleet of 62 new
generation offshore supply vessels (OSVs) and seven multipurpose
support vessels (MPSVs).  As of June 30, 2016, the company
projected to have 46 OSVs stacked in response to weak market
conditions.  In addition to taking supply off the market, stacking
vessels reduces operating expenses, reduces wear and tear on the
vessels, and allows Hornbeck to defer cash outlays on drydocked
vessels.

The negative outlook reflects S&P's view that Hornbeck Offshore's
liquidity could deteriorate more quickly than S&P currently
anticipates, as operating cash flows are neutral to negative and it
works through its cash balance over the next one to two years.

S&P could lower the rating if liquidity deteriorated such that S&P
no longer expected the company to be able to meet its financial or
other obligations.

S&P could revise the outlook to stable if it expected Hornbeck to
generate positive FFO, which would most likely occur if the company
were able to increase dayrates and utilization of its fleet, most
likely in conjunction with an industry recovery, while maintaining
adequate liquidity.


HOTELWORKS DEVELOPMENT: Taps Ray Battaglia as Legal Counsel
-----------------------------------------------------------
HotelWorks Development, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire the Law Offices of
Ray Battaglia, PLLC as its legal counsel.

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

     (a) give advice with respect to its powers and duties as a
         debtor-in-possession;

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

     (c) take all necessary actions to protect and preserve the
         Debtor's estate, including the prosecution of actions on
         its behalf;

     (d) prepare legal papers;

     (e) advise the Debtor in connection with any sales of assets;

     (f) negotiate and prepare a plan of reorganization; and

     (g) appear before the bankruptcy court, any appellate courts
         and the U.S. Trustee.

Raymond Battaglia, Esq., will be paid $400 per hour for his
services.

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

The firm can be reached through:

     Raymond W. Battaglia, Esq.
     Law Offices of Ray Battaglia, PLLC
     66 Granburg Circle,
     San Antonio, TX 78218,
     Telephone: 210-601-9405
     Email: rbattaglialaw@outlook.com

                 About HotelWorks Development

HotelWorks Development, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W. D. Texas Case No. 16-51527) on July
4, 2016.  The petition was signed by Bob Zachariah, president and
CEO.  

The case is assigned to Judge Craig A. Gargotta.

At the time of the filing, the Debtor disclosed $1.42 million in
assets and $11.73 million in liabilities.


HOVBROS ROESVILLE: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: HovBros Roesville, LLC
        900 Birchfield Drive
        Mount Laurel, NJ 08054

Case No.: 16-23024

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: July 6, 2016

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

Judge: Hon. Jerrold N. Poslusny Jr.

Debtor's Counsel: Albert A. Ciardi, III, Esq.
                  CIARDI CIARDI & ASTIN, P.C.
                  One Commerce Square
                  2005 Market Street, Suite 3500
                  Philadelphia, PA 19103
                  Tel: 215-557-3550
                  Fax: 215-557-3551
                  E-mail: aciardi@ciardilaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Peter Hovnanian, managing member.

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


HS 45 JOHN: Denies Any Liability to AT&T
----------------------------------------
HS 45 John LLC submitted to the U.S. Bankruptcy Court for the
Southern District of New York, its statement with respect to the
Cell Tower Lease.

The Debtor tells the Court that it closed on the sale of the real
property located at 45 John Street with 45 John NY ("Buyer") on
January 15, 2016.

AT&T Corp. had previously filed a motion asking the Court to
declare that the sale of the Property from non-debtor 45 John Lofts
LLC to 45 John NY LLC was subject to AT&T's leasehold interests in
the Property.  AT&T also expressed its opposition to the Debtor's
Motion which sought to terminate or reject the Cell Tower Lease.

The Debtor relates that years before its involvement with the
Property, a prior fee owner 45 John Street LLC, which also predated
Chaim Miller and Sam Sprei, entered into a N.Y. Structure Lease
Agreement, with Lin Cellular Communications Corporation (NY), LLC,
which subsequently became Cingular Wireless PCS LLC, also known as
AT&T Wireless.  The Debtor further relates that AT&T sent
additional communication in April 2014, indicating that the
continuation of the site was under consideration and AT&T sought a
reduction in annual rent to approximately $23,751 per year.

"During the Chapter 11 case the Debtor operated in the belief that
the cell tower site had been abandoned since there was no
meaningful communication from the telephone carrier for an extended
period and no payments were received by the Debtor in connection
with the Cell Tower Lease at any point virtue... At the request of
the Buyer, an escrow of $25,000 was established at closing to cover
issues arising in connection with the Cell Tower Lease.  Beyond the
escrow, the Debtor has no liability to the Buyer.  Additionally, as
requested, the Debtor moved to terminate the cell tower lease in
view of the prolonged non-payment of rents, or, alternatively, to
reject the cell tower lease with the accrued arrears to be offset
against possible rejection damages. That motion remains pending
before the Court, and is now being pursued by counsel for the
Buyer... The Debtor was never a party to any contract with AT&T,
which never filed a claim in the Chapter 11 case. Thus, the Debtor
has no liability to AT&T," the Debtor avers.

                 AT&T's Reply in Support of Motion

"Although the Purchaser suggests that the Debtor's fantastical
statements as to the alleged abandonment of the Lease and Cell
Tower may be meaningful in this context, it is clear from the
Escrow Receipt... that the parties knew AT&T held an adverse claim
against the Property at the time of the closing of the Sale.
Specifically, the Escrow Receipt stated that the Escrow,
established at closing at the request of the Purchaser, was to be
held 'pending resolution of the motion to terminate or reject the
AT&T Cell Tower Lease' and would 'be used to fund any resolution of
the ATT claim.'  The Lease is even attached to the Motion to
Reject.  The spurious claim of abandonment thus is a red herring.
It does not have any bearing on whether these parties had actual or
constructive knowledge of the Lease with regard to the property.
The Purchaser clearly had actual let alone constructive knowledge
of the Lease at the time of the Sale. Accordingly, the Purchaser's
actual knowledge of the Cell Tower, the Lease, and AT&T's adverse
claim on the Property prohibits any transfer of the Property to the
Purchaser free and clear of AT&T's Lease," AT&T argues.

HS 45 John LLC is represented by:

          J. Ted Donovan, Esq.
          GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
          1501 Broadway, 22nd Floor
          New York, NY 10036
          Telephone: (212)221-5700

AT&T Corp. is represented by:

          David A. Rosenzweig, Esq.
          Melanie M. Kotler, Esq.
          NORTON ROSE FULBRIGHT US LLP
          666 Fifth Avenue, 31st Floor
          New York, NY 10103-3198
          Telephone: (212)318-3000
          E-mail: david.rosenzweig@nortonrosefullbright.com
                  melanie.kotler@nortonrosefullbright.com

                         About HS 45 John

The 45 John Street, New York, NY (Block 78, Lots 1701-1787), is a
vacant, partially renovated mixed use condominium with three
commercial units and 84 residential units on twelve floors.

The John Street Property is owned by 45 John Lofts LLC which was
organized in February 2014 by Chaim Miller, as the 68% member and
initial manager, and Chun Peter Dong as the other 32% member.
Thereafter, Miller assigned portions of his 68% membership
interest
in 45 John Lofts LLC to a group of Asian investors headed by Wing
Fung Chau and Tu Kang Yang. The group also included Sum Tsang
Cheng, Wan Bin Lu, Song Lin, Mei Hua Chen, Xiu Qin Lin, Xin Yu
Huang, Bao Di Liu, Shu Ping Chan, Season Garden Realty, Inc., Li
Lan Liao a/k/a Li Lan Wu and Aiyun Chen (all of whom are
collectively referred to as the "41% Investors").

John Lofts' acquisition of the John Street Property was financed
through various mortgage loans obtained from two Madison Capital
affiliates, SDF81 45 John Street 1 LLC and SDF81 45 John Street 2
LLC (collectively the "SDF Lenders") in the aggregate principal
amount of $48 million.

On Sept. 19, 2014, Miller and John Lofts entered into Contract to
sell the John Street Property to the Debtor for a total sum of
approximately $65.9 million. The Debtor's Contract included a
deposit of $14.33 million which was paid directly to John Lofts,
less certain reserves and prepayments.  As events unfolded, most
of
the deposit ($10.75 million) was simultaneously used by Miller to
consummate a separate set of transactions to buy out his partner
Bo
Jin Zhu (the "Zhu Buyout"), concerning four other properties
located at (i) 97 Grand Avenue, Brooklyn; (ii) 203-205 North 8th
Street, Brooklyn; (iii) 32-34 Fifth Ave, Brooklyn; and (iv) 29
Ryerson Street, Brooklyn (collectively, the "Brooklyn
Properties").

In connection with the Debtor's Contract, 45 John Lofts, together
with Miller and his associate, Sam Sprei, made a series of
warranties and representations relating to the status of the
mortgages encumbering the John Street Property, promising that the
Mortgages were, and would remain current, and were not in default.
These representations and warranties proved to be completely false
and untrue.

In addition, Miller and Sprei became subject to a number of State
Court lawsuits with, among others, Dong and the 41% Investors
challenging Miller's authority to sell the John Street Property to
the Debtor without their consent.

In light of all of the competing claims and interests, HS 45 John
LLC, a single asset real estate, filed a Chapter 11 bankruptcy
petition (Bankr. S.D.N.Y. Case No. 15-10368) on Feb. 20, 2015.  The
case is assigned to Judge Sean H. Lane.

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

The Debtor tapped Goldberg Weprin Finkel Goldstein LLP and Loeb &
Loeb LLP as attorneys.


INTELLIPHARMACEUTICS INT'L: FDA Grants Waiver of NDA Filing Fee
---------------------------------------------------------------
Intellipharmaceutics International Inc. provided an update on its
RexistaTM XR (oxycodone hydrochloride extended release tablets) new
drug application candidate.

NDA Filing Fee Waiver

In February 2016, Intellipharmaceutics requested a waiver of the
application user fee under the small business waiver provision,
section 736(d)(1)(D) of the Federal Food, Drug, and Cosmetics Act,
related to the Company's RexistaTM XR (oxycodone hydrochloride
extended release tablets) NDA product candidate.  The United States
Food and Drug Administration has completed its review of our
request and has granted a waiver of the $1,187,100 application fee
for RexistaTM XR.

Pharmacokinetics Results Show No Food Effect

Following an FDA request that we assess the food effect of the
final to be marketed (upon FDA approval) product of RexistaTM XR,
Intellipharmaceutics recently conducted and analyzed the results of
a food effect study for RexistaTM XR.  The study design was a
randomized, one-treatment two periods, two sequences, crossover,
open label, laboratory-blind bioavailability study for RexistaTM XR
following a single 80 mg oral dose to healthy adults under fasting
and fed conditions.

The food effect study showed that RexistaTM XR can be administered
with or without a meal (i.e., no food effect).  RexistaTM XR met
the bioequivalence criteria (90 percent confidence interval of 80
to 125 percent) for all matrices, i.e., on the measure of maximum
plasma concentration or Cmax, the ratio of RexistaTM XR taken under
fasted condition to RexistaTM XR taken under fed condition was
112.79 percent (90 percent confidence interval of 102.75 to 123.8
percent) and on the measure of area under the curve from time zero
to time t (AUCt) the ratio of RexistaTM XR taken under fasted
condition to RexistaTM XR taken under fed condition was 99.99
percent (90 percent confidence interval of 95.24 to 104.99 percent)
and on the measure of area under the curve from time zero to time
infinity (AUCinf) the ratio of RexistaTM XR taken under fasted
condition to RexistaTM XR taken under fed condition was 100.70
percent (90 percent confidence interval of 94.64 to 107.15
percent).

Dr. Isa Odidi, Chairman and CEO, stated, "The FDA waiver of the NDA
application fee is a welcome decision in our development of Rexista
XR.  In addition, we believe the food effect studies demonstrate
that RexistaTM XR taken under fasted and fed conditions is
bioequivalent for all pharmacokinetic matrices studied and has no
food effect, and that RexistaTM XR is well differentiated from
currently marketed oral oxycodone extended release products, one of
which is labelled to be taken with food due to food effects and the
other whose Cmax matrix has been reported not to be bioequivalent
under fasting and fed conditions.  The Company plans to file the
NDA for RexistaTM XR in August of 2016."

There can be no assurance that the Company will not be required to
conduct further studies for RexistaTM XR, that the Company will
continue to satisfy the criteria for the waiver of the application
fee, that the Company will file an NDA for RexistaTM XR in August
2016, that the FDA will ultimately approve the NDA for the sale of
RexistaTM XR in the U.S. market, or that it will ever be
successfully commercialized.

                    About Intellipharmaceutics

Toronto, Canada-based Intellipharmaceutics International Inc. is
incorporated under the laws of Canada.  Intellipharmaceutics is a
pharmaceutical company specializing in the research, development
and manufacture of novel and generic controlled-release and
targeted-release oral solid dosage drugs.  Its patented
Hypermatrix(TM) technology is a multidimensional controlled-
release drug delivery platform that can be applied to the
efficient development of a wide range of existing and new
pharmaceuticals.  Based on this technology, Intellipharmaceutics
has a pipeline of product candidates in various stages of
development, including filings with the FDA in therapeutic areas
that include neurology, cardiovascular, gastrointestinal tract,
diabetes and pain.

Intellipharmaceutics reported a net loss of US$7.43 million on
US$4.09 million of revenues for the year ended Nov. 30, 2015,
compared to a net loss of US$3.85 million on US$8.76 million of
revenues for the year ended Nov. 30, 2014.

As of Feb. 29, 2016, Intellipharmaceutics had US$3.81 million in
total assets, US$4.86 million in total liabilities and shareholders
deficiency of US$1.05 million.

Deloitte LLP issued a "going concern" opinion on the consolidated
financial statements for the year ended Nov. 30, 2015, citing that
the Company's recurring losses from operations and shareholders'
deficiency raise substantial doubt about its ability to continue as
a going concern.


ION WORLDWIDE: U.S. Trustee Forms 3-Member Committee
----------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on July 6 appointed
three creditors of iON Worldwide, Inc., to serve on the official
committee of unsecured creditors.

The committee members are:

     (1) IMG - Trans World International, LLC
         Attn: Anthony D'Imperio
         432 West 45th Street, 4th Floor
         New York, NY 10036
         Phone: 212-774-4502  
         Fax: 212-541-5044

     (2) Active Marketing, Inc.
         Attn: Bob Grisuff
         4640 Gulfstar Drive
         Destin, FL 32541
         Phone: 850-424-3044
         Fax: 850-424-7634

     (3) Delta Millennium, Inc.
         Attn: Michael Pahuta  
         14A World's Fair Drive       
         Sommerset, NJ 08873
         Phone: 732-537-6001
         Fax: 732-537-6005

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

                    About iON Worldwide Inc.

iON Worldwide Inc. filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ga. Case No. 16-11543) on June 24, 2016.  Hon. Laurie Selber
Silverstein presides over the case. A.M. Sacullo Legal, LLC
represents the Debtor as counsel.  In its petition, the Debtor
estimated $1 million to $10 million in both assets and
liabilities. The petition was signed by Giovanni Tomaselli, chief
executive officer.


KOMODIDAD DISTRIBUTORS: Bank Alleges Debtors Not a "Single Entity"
------------------------------------------------------------------
FirstBank Puerto Rico submitted to the U.S. Bankruptcy Court for
the District of Puerto Rico, its further objection to Komodidad
Distributors, Inc., et al.'s motion for substantive consolidation.

FirstBank's further objection was submitted in support of its
preliminary objection to the Debtor's motion for substantive
consolidation.

"The five separate Debtors have not filed a motion to jointly
administer their respective chapter 11 cases... although such a
motion is routine for cases involving multiple affiliated debtors.
Instead, the Debtors seek substantive consolidation.  The Motion is
without merit and should be denied... there is no evidence that any
creditors of the Debtors, let alone all or substantially all of
such creditors, relied on the Debtors being a single entity.
FirstBank, notwithstanding the existence of cross guaranties and
cross collateralization, allocated the credit facilities
differently across the various Debtors.  The Debtors' own pleading
alleges that most creditors, but not all creditors, 'have dealt
with Debtors as an affiliated group'... in looking at the Debtors'
businesses, which range from owning real estate held for rent and
running a retail clothing business, it is nearly impossible that
all creditors have treated the Debtors as a single entity... The
Debtors have shown no reliance by any creditor on the Debtors'
being a 'single entity', let alone enough to conclude that all or
substantially all creditors relied on the Debtors as a 'single
entity,'" FirstBank argues.

FirstBank Puerto Rico is represented by:

          Zachary H. Smith, Esq.
          MOORE & VAN ALLEN, PLLC
          100 North Tryon Street
          Suite 4700, Charlotte
          NC, 28202
          Telephone: (704)331-1046
          E-mail: zacharysmith@mvalaw.com

                - and -

          Antonio A. Arias, Esq.
          Lina M. Soler-Rosario, Esq.
          MCCONNELL VALDES, LLC
          P.O. BOX 364225
          San Juan, PR 00936-4225
          Telephone: (787)250-5604
          E-mail: aaa@mcvpr.com
                 lms@mcvpr.com

                   About Komodidad Distributors

Komodidad Distributors, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-04161) on May 25, 2016.  The
petition was signed by Jorge Galliano, president.  The Hon. Enrique
S. Lamoutte Inclan presides over the case.  The Debtor estimated
assets of $50 million to $100 million and estimated debt of $10
million to $50 million.

Komodidad Distributors' Chapter 11 case is jointly administered
with those of G.A. Design & Sourcing, Inc., GMAXPORT, Inc., G.A.
Investors, S.E., and G.A. Property Development, Corp., under
(Bankr. D.P.R. Case No. 16-04164).


LINC USA GP: Committee Taps McKool Smith as Legal Counsel
---------------------------------------------------------
The official committee of unsecured creditors of Linc USA GP seeks
approval from the U.S. Bankruptcy Court for the Southern District
of Texas to hire McKool Smith, P.C.

McKool Smith will serve as the committee's legal counsel in
connection with the Chapter 11 cases of Linc USA and its
affiliates.  The services to be provided by the firm include:

     (a) advising the committee with respect to its rights,
         powers and duties;

     (b) assisting the committee in its consultations with the
         Debtors;

     (c) assisting the committee's investigation of the acts,
         conduct, assets, liabilities and financial condition of
         the Debtors;

     (d) assisting the committee in its analysis of and
         negotiation with the Debtors, or any third party
         concerning matters related to the terms of a Chapter 11
         plan;

     (e) assisting the committee in requesting the appointment of
         a trustee or examiner, should such action become
         necessary;

     (f) preparing legal papers;

     (g) reviewing, analyzing and responding to all applications,
         motions, orders, statements of operations and schedules
         filed with the court.

The primary attorneys who will represent the committee and their
hourly rates are:

     Hugh M. Ray, III          Partner           $750
     Christopher D. Johnson    Senior Counsel    $720
     Benjamin W. Hugon         Associate         $450
     Veronica Manning          Associate         $380

Hugh M. Ray, III 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:

     Hugh M. Ray, III
     Benjamin W. Hugon
     Veronica F. Manning
     McKool Smith, P.C.
     600 Travis, Suite 7000
     Houston, TX 77002
     Tel: 713-485-7300
     Fax: 713-485-7344

                        About Linc USA GP

Each of Linc USA GP, Linc Energy Finance (USA), Inc., Linc Energy
Operations, Inc., Linc Energy Resources, Inc., Linc Gulf Coast
Petroleum, Inc., Linc Energy Petroleum (Wyoming), Inc., Paen Insula
Holdings, LLC, Diasu Holdings, LLC, Diasu Oil & Gas Company, Inc.,
Linc Alaska Resources, LLC and Linc Energy Petroleum (Louisiana),
LLC filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 16-32689) on May
29, 2016.

Linc USA GP and its subsidiaries operate an independent oil and
gas exploration and production business with a primary focus on
conventional onshore and shallow state water properties along the
Gulf Coast of Texas and properties in the Powder River Basin of
Wyoming.  The Debtors, through their majority owned subsidiary,
Renaissance Umiat, LLC (which is not a Debtor), also own oil and
gas properties in the Umiat field on Alaska's North Slope.  The
Debtors are ultimately owned by Linc Energy Ltd., an Australian
corporation established in the year 2000, shares of which were
listed on the Singapore Stock Exchange.  Linc Energy Ltd. entered
into voluntary administration in Australia on April 15, 2016.

The Debtors estimated assets in the range of $50 million to $100
million and debts of up to $500 million.  As of the Petition Date,
the Debtors estimate that they owed approximately $5.8 million to
their vendors.

Bracewell LLP serves as the Debtors' counsel.  Kurtzman Carson
Consultants LLC acts as the Debtors' notice, claims and balloting
agent.

Judge David R Jones presides over the cases.


MAXUS ENERGY: Hires Morrison & Foerster as Attorney
---------------------------------------------------
Maxus Energy Corporation and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Delaware to
employ Morrison & Foerster LLP as attorney:

The Debtors require Morrison & Foerster to:

     a. advise the Debtors with respect to their powers and duties
as debtors in possession in the continued management and operation
of their business and property;

     b. attend meetings and negotiate with creditors and parties in
interest;

     c. advise the Debtors in connection with any sale of assets in
the chapter 11 cases;  

     d. take all necessary action to protect and preserve the
Debtors' estates, including prosecuting actions on the Debtors'
behalf, defending any actions commenced against the Debtors, and
representing Debtors' interests in negotiations concerning all
significant litigation in which the Debtors are involved,
including, but not limited to, objections to claims filed against
the Debtors or their estates;

     e. prepare all motions, applications, answers, orders,
reports, and papers necessary to the administration of the chapter
11 cases;

     f. act on behalf of the Debtors to obtain approval of
solicitation procedures, a disclosure statement, and confirmation
of a chapter 11 plan;

     g. appear before this Court, any appellate courts, and the
United States Trustee for the District of Delaware (the "United
States Trustee");

     h. perform all necessary legal services for the Debtors in
connection with the prosecution of the Chapter 11 Cases, including:
(i) analyzing the Debtors' leases and contracts and the assumption
and assignment or rejection thereof; (ii) analyzing the validity of
liens against the Debtors; and (iii) advising the Debtors on
corporate and litigation matters; and

     i. take necessary and appropriate steps to bring the chapter
11 cases to a conclusion.

Morrison & Foerster will be paid at these hourly rates:

         Partners                               $825-$1,290
         Of Counsel and Senior of Counsel       $630-$1,225
         Attorneys and Associates               $355-$825
         Paraprofessionals                      $220-$440

Morrison & Foerster will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James M. Peck, Senior of Counsel in the law firm of Morrison &
Foerster LLP, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The following is provided in response to the request for additional
information set forth in D1 of the U.S. Trustee's Appendix B
Guidelines:

     -- Morrison & Foerster represented the Debtors during the
12-month period prior to the Petition Date. The billing rates and
material terms of the prepetition engagement are the same as the
rates and terms described in the Application. Morrison & Foerster's
billing rates and material financial terms have not changed
postpetition.

     -- The Debtors and Morrison & Foerster expect to develop a
prospective budget and staffing plan to comply with the United
States Trustee's requests for information and additional
disclosures, and any other orders of the Court, recognizing that in
the course of these chapter 11 cases there may be unforeseeable
fees and expenses that will need to be addressed by the Debtors and
Morrison & Foerster.

Morrison & Foerster may be reached at:

      James M. Peck, Esq.
      Morrison & Foerster LLP
      250 West 55th Street
      New York, NY 10019
      Tel: +1 212 468 8006
      E-mail: jpeck@mofo.com

                       About Maxus Energy

Maxus Energy Corporation and four of its subsidiaries filed
voluntary petitions for reorganization under Chapter 11 (Bankr. D.
Del., Case No. 16-11501) on June 17, 2016.  The Debtors intend to
use the breathing spell afforded by the Bankruptcy Code to decide
whether their existing environmental remediation operations and
oil
and gas operations can be restructured as a sustainable,
stand-alone enterprise.

The Debtors have engaged Young Conaway Stargatt & Taylor, LLP as
local counsel, Morrison & Foerster LLP as general bankruptcy
counsel, Zolfo Cooper, LLC as financial advisor and Prime Clerk
LLC
as claims and noticing agent.


MAXUS ENERGY: Hires Zolfo Cooper as Financial Advisors
------------------------------------------------------
Maxus Energy Corporation and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Delaware to
employ Zolfo Cooper, LLC as Bankruptcy Consultants and Special
Financial Advisor to the Debtors.

The Debtors require Zolfo Cooper to:

     a. advise and assist management in organizing the Debtors'
resources and activities so as to effectively and efficiently plan,
coordinate and manage the chapter 11 process and communicate with
customers, lenders, suppliers, employees. shareholders and other
parties in interest;

     b. assist management if designing and implementing programs to
manage or divest assets, improve operations, reduce costs and
restructure as necessary with the objective of rehabilitating the
business;

     c. advise the Debtors concerning interfacing with Official
Committee, other constituencies and their professionals, including
the preparation of financial and operating information required by
such parties and/or the Bankruptcy Court;

     d. advise and assist the management in the development of a
Plan of Reorganization and underlying Business Plan, including the
related assumptions and rationale, along with other information to
be included in the Disclosure Statement;

     e. advise and assist the Debtors in forecasting, planning,
controlling and other aspects of managing cash, and, if necessary,
obtaining DIP and/or Exot financing;

     f. advise the Debtors with respect to resolving disputes and
otherwise managing the claim process;

     g. advise and assist the Debtors in negotiating a Plan of
Reorganization with the various creditor and other constituencies;


     h. as requested, render expert testimony concerning the
feasibility of a Plan of Reorganization and other matters that may
arise in the case; and

     i. provide such other services as may be required by the
Debtors.

Zolfo Cooper will be paid at these hourly rates:

     Hourly rates, in effect as of January 1, 2016
    
           Managing Directors        $790-$985
           Professional Staff        $280-$790
           Support Personnel         $60-$270

     Hourly rates, in effect as of July 1, 2016
    
           Managing Directors        $810-$1,010
           Professional Staff        $280-$810
           Support Personnel         $60-$275

Zolfo Cooper has received a retainer of $250,000 and weekly advance
payments from the Debtors.  The firm received advance payments
prior to the Petition Date totaling $496,539.19

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

Scott W. Winn, senior managing director of the firm Zolfo Cooper
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtors and their
estates.

Zolfo Cooper may be reached at:

        Scott W. Winn
        Zolfo Cooper LLC
        Grace Building
        1114 Avenue of the Americas, 41st Floor
        New York, NY 10036
        Phone: +1 212 561 4030
        E-mail: swinn@zolfocooper.com

                       About Maxus Energy

Maxus Energy Corporation and four of its subsidiaries filed
voluntary petitions for reorganization under Chapter 11 (Bankr. D.
Del., Case No. 16-11501) on June 17, 2016.  The Debtors intend to
use the breathing spell afforded by the Bankruptcy Code to decide
whether their existing environmental remediation operations and
oil
and gas operations can be restructured as a sustainable,
stand-alone enterprise.

The Debtors have engaged Young Conaway Stargatt & Taylor, LLP as
local counsel, Morrison & Foerster LLP as general bankruptcy
counsel, Zolfo Cooper, LLC as financial advisor and Prime Clerk
LLC
as claims and noticing agent.


METCOM NETWORK: Seeks to Hire EisnerAmper as Accountant
-------------------------------------------------------
Metcom Network Services, Inc. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire
EisnerAmper, LLP as its accountant.

EisnerAmper will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) monitor the activities of the Debtor;

     (b) assist in the preparation or review of the monthly
         operating reports, budgets and projections;

     (c) review the claims for reasonableness against the Debtor's

         records and filing schedules;

     (d) interact with the unsecured creditors' committee and its
         retained professionals should one be appointed;

     (e) attend court hearings and meetings with the Debtor, its
         counsel and creditors; and

     (f) assist in preparing a plan of reorganization.

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

     Partner                $510 - $530
     Director               $450 - $475
     Senior Manager         $370 - $395
     Manager                $280 - $295
     Senior                 $260 - $290
     Staff Assistants/
       Paraprofessionals    $205 - $260

Ira Spiegel, a certified public accountant, 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:

     Ira Spiegel
     EisnerAmper, LLP
     750 Third Avenue
     New York, NY 10017
     Tel: (212) 949-8700

The Debtor can be reached through its counsel:

     Neil H. Ackerman, Esq.
     Kamini Fox, Esq.
     Ackerman Fox, LLP
     90 Merrick Ave., Suite 400
     East Meadow, NY 11554
     Telephone: (516) 493-9920
     Facsimile: (516) 228-3396
     E-mail: nackerman@ackermanfox.com
             kfox@ackermanfox.com

                        About Metcom Network

Metcom Network Services, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-11870) on June 28,
2016.  The petition was signed by Mark DuMoulin, Sr., president.  

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


MISSISSIPPI REGIONAL CANCER: Plan Filing Extended by 45 Days
------------------------------------------------------------
The Hon. Edward Ellington of the U.S. Bankruptcy Court for the
Southern Distric of Mississippi has extended, at the behest of
North Central Mississippi Regional Cancer Center, Inc., by 45 days
from July 5, 2016, within which to prepare and file a Disclosure
Statement and Plan of Reorganization.

As reported by the Troubled Company Reporter on June 8, 2016, the
Debtor ought the extension, saying that it has been in negotiations
with various creditors and making determinations to allow it to
finalize many matters with regard to a Disclosure Statement and the
proposed Plan of Reorganization to be filed.  Rather than filing an
incomplete Disclosure Statement and Plan at this time, the Debtor
seeks an additional 45 days to allow time for the Debtor to make a
decision as to Disclosure Statement information, Plan feasibility
and debt restructuring.

Headquartered in Jackson, Mississippi, North Central Mississippi
Regional Cancer Center, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. S.D. Miss. Case No. 16-00342) on Feb. 5, 2016,
estimating its assets at between $100,000 and $500,000 and its
liabilities at between $1 million and $10 million.  The petition
was signed by Jennifer Welch, director, vice president.

Judge Edward Ellington presides over the case.

Craig M. Geno, Esq., at the Law Offices of Craig M. Geno, PLLC,
serves as the Debtor's bankruptcy counsel.


MORRIS SCHNEIDER: JPMorgan Objects to Disclosure Statement
----------------------------------------------------------
JPMorgan Chase Bank, N.A., which holds an unliquidated claim
against Morris | Schneider | Wittstadt Va., PLLC, et al., objects
to the approval of the disclosure statement explaining the Debtors'
amended plan of liquidation.

JPMorgan asserts that the Plan and Disclosure Statement should be
clarified to reflect that Chase's secured rights are preserved by
the Plan.

In particular, the Court should condition approval of the
Disclosure Statement on the inclusion of language in the Plan and
Disclosure Statement in substantially the following form:

   "Notwithstanding anything to the contrary in this Plan or the
Confirmation Order, the setoff and/or recoupment rights of JPMorgan
Chase Bank, N.A., [and other lender parties, such as CitiMortgage,
Inc. and Bank of America, N.A.], and their affiliates,
(collectively, "Reserving Parties"), shall be fully preserved from
and after the Effective Date. Reserving Parties shall retain all
rights to assert any defenses to collection of any of invoices or
Accounts Receivable that are the subject of the Amegy/Assignee
Settlement Order, and/or to withhold payment of such invoices or
Accounts Receivable to the fullest extent permitted by the
governing contracts or applicable law, including without
limitation, claims of recoupment, setoff, untimely or improperly
issued invoice, unauthorized work or costs, undocumented costs,
fraudulent invoice or that the invoice was already satisfied. The
availability of such defenses and non-payment shall be without
regard to whether such collection is pursued, or ownership is held,
by the Debtors, Amegy Bank, the assignee for Butler & Hosch, P.A.,
the Liquidating Trustee, or their agents acting on their respective
behalves, or their successors or assigns, or any other third
parties; and shall also be without regard to how the invoices were
initially segregated in the Amegy/Assignee Settlement Order.
Nothing related thereto shall prejudice the rights of Reserving
Parties to exercise setoff or recoupment rights on the grounds of
lack of mutuality under Section 553 of the Bankruptcy Code and
otherwise applicable law."

JPMorgan points out that the Court previously included similar
language in the order approving the settlement between the Debtors,
Amegy Bank and Michael Moecker, as Assignee of Butler & Hosch,
P.A., and similar language should be included in the Plan and
Disclosure Statement.

JPMorgan is represented by:

     Jonathan L. Hauser, Esq.
     TROUTMAN SANDERS LLP
     222 Central Park Avenue, Suite 2000
     Virginia Beach, VA 23462
     Tel: (757) 687-7768
     Fax: (757) 687-1505
     Email: jonathan.hauser@troutmansanders.com

        -- and --

     Andrew D. Zaron, Esq.
     LEOON COSGROVE, LLC
     255 Alhambra Circle, Suite 424
     Coral Gables, FL 33133
     Telephone: (305) 740-1975
     Email: azaron@leoncosgrove.com

               About Morris | Schneider | Wittstadt

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

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

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.


NAT'L BANK OF ANGUILLA: Anguilla Case Recognized in U.S.
--------------------------------------------------------
U.S. Bankruptcy Judge Martin Glenn has granted The National Bank of
Anguilla's request for recognition of its Anguillan proceeding as
the foreign main proceeding.

                 About National Bank of Anguilla

The National Bank of Anguilla was formed in 1984 and began
operating in 1985, when it acquired the Anguilla branch of the Bank
of America National Trust & Savings Association, according to its
website.  The private-banking unit provides financial services to
offshore clients around the world and is wholly owned by its
parent, Bloomberg News notes.

The parent ceased banking operations on April 22, 2016.  It began
liquidating in an Anguillan court the following month.  On May 26,
it petitioned for bankruptcy court protection from U.S. creditors.
Banking operations were transferred to the National Commercial Bank
of Anguilla, which is wholly owned by the government.

The private bank's case is In re National Bank of Anguilla (Private
Banking & Trust Ltd.), 16-11806, U.S. Bankruptcy Court, Southern
District of New York. (Manhattan) The parent's case is 16-11529.


NCSG CRANE: Moody's Cuts Corporate Family Rating to Caa2
--------------------------------------------------------
Moody's Investors Service downgraded NCSG Crane & Heavy Haul
Corporation's Corporate Family Rating (CFR) to Caa2 from Caa1,
Probability of Default Rating to Caa2-PD from Caa1-PD and its
US$305 million senior secured second lien notes to Caa3 from Caa2.
The Speculative Grade Liquidity rating was lowered to SGL-4 from
SGL-3. The rating outlook remains stable.

"The downgrade reflects the untenable capital structure that will
likely need to be restructured", said Paresh Chari Moody's
AVP-Analyst.

Downgrades:

-- Issuer: NCSG Crane & Heavy Haul Corporation

-- Probability of Default Rating, Downgraded to Caa2-PD from
    Caa1-PD

-- Corporate Family Rating, Downgraded to Caa2 from Caa1

-- Senior Secured Regular Bond/Debenture, Downgraded to
    Caa3(LGD5) from Caa2(LGD5)

Ratings Lowered:

-- Speculative Grade Liquidity Rating, Lowered to SGL-4 from SGL-
    3

Outlook Actions:

-- Issuer: NCSG Crane & Heavy Haul Corporation

-- Outlook, Remains Stable

RATINGS RATIONALE

The Caa2 Corporate Family Rating (CFR) reflects the untenable
capital structure of NCSG's restricted group, with debt to EBITDA
around 15x and EBITDA/interest less than 1x expected in 2016 and
2017, caused by the sharp reduction in oil & gas project-related
work. The rating also reflects a weak liquidity profile and a
competitive market that will lead to pricing and margin pressure
for remaining work. The rating also recognizes NCSG restricted
group's predictable maintenance work that is tied to long-lived oil
sands mining and in-situ bitumen projects, and midstream projects
in Western Canada.

Moody's said, "NCSG restricted group's SGL-4 Speculative Grade
Liquidity rating reflects weak liquidity through June 30, 2017. At
March 31, 2016 the restricted group had about C$30 million of
availability under its C$203 million ABL revolving credit facility
maturing in 2019. We expect negative free cash flow of around C$15
million from June 30, 2016 to June 30, 2017. NCSG restricted
group's revolver commitment level is C$225 million but the company
is below the springing covenant (fixed charge coverage ratio of at
least 1x) effectively reducing the amount it can borrow by 10%.
NCSG's unrestricted subsidiary in the U.S., B&G Crane, is not
expected to require funds from NCSG nor provide funds to its
parent. Alternate sources of liquidity are limited as its assets
are pledged as collateral to the secured credit facilities and
second lien notes, however we note that NCSG can monetize roughly
C$40 million of currency hedges.

"In accordance with Moody's Loss Given Default (LGD) Methodology,
the second lien US$305 million senior secured notes are rated Caa3,
one notch below the Caa2 CFR due to its subordination to the
priority ranking C$225 million ABL revolver. We have not included
the unrated B&G debt in the LGD analysis because the debt is
non-recourse to NCSG and the assets under B&G are outside the
collateral group for the senior secured notes and revolver. The B&G
debt only has claim to the B&G assets."

Moody's said, "The stable outlook reflects our expectation that
EBITDA to Interest will gradually improve towards 1x at year end
2017."

The rating could be upgraded if restricted group EBITDA to interest
improves to 1.5x and the liquidity profile is adequate.

The rating could be downgraded if restricted group EBITDA to
interest is likely to remain well below 1x or if the liquidity
profile weakened.

NCSG Crane & Heavy Haul Corporation (NCSG), is a privately-owned
crane & heavy haul service provider based in Edmonton, Alberta. B&G
Crane is a wholly-owned crane subsidiary, largely operating in the
U.S. gulf coast on refineries and chemical plants, and it is not
part of the NCSG restricted group.


NET ELEMENT: Opts to Swap $100,000 for 62,596 Shares
----------------------------------------------------
Net Element, Inc., opted to exchange a tranche in the aggregate
amount of $100,000 for 62,596 shares of the Company common stock
based on the "exchange price" of $1.5976 per share for this tranche
pursuant to the Master Exchange Agreement, with Crede CG III, Ltd.


                    About Net Element

Miami, Fla.-based Net Element International, Inc., formerly Net
Element, Inc., currently operates several online media Web sites
in the film, auto racing and emerging music talent markets.

Net Element reported a net loss of $13.3 million on $40.2 million
of total revenues for the year ended Dec. 31, 2015, compared to a
net loss of $10.21 million on $21.4 million of total revenues for
the year ended Dec. 31, 2014.

As of March 31, 2016, Net Element had $21.61 million in total
assets, $14.05 million in total liabilities and $7.55 million in
total stockholders' equity.

Daszkal Bolton LLP, in Fort Lauderdale, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has sustained
recurring losses from operations and has working capital and
accumulated deficits that raise substantial doubt about its ability
to continue as a going concern.


NIGHTINGALE HOME: Wants Plan Filing Deadline Moved to Sept. 6
-------------------------------------------------------------
Nightingale Home Healthcare, Inc., asks the U.S. Bankruptcy Court
for the Southern District of Indiana to extend the exclusive right
to file a Chapter 11 plan of reorganization for 61 days, up to and
including Sept. 6, 2016, and an additional 120 to solicit
acceptances of the plan, up to and including Nov. 4, 2016,
respectively, without prejudice to the Debtor's right to seek
additional and further extensions of these periods as may be
appropriate under the circumstances then prevailing.

Absent an extension, the Debtor's extended exclusive filing period
and exclusive solicitation period will expire on July 7, 2016, and
Sept. 6, 2016, respectively.

Since the commencement of th Bankruptcy Case, the Debtor has been
engaged in litigation regarding its Medicare Provider Agreement, an
interim manager has been appointed to manage the day-to-day
business operations of the Debtor, a Patient Care Ombudsman has
been appointed to monitor the quality of care being provided to the
Debtor's patients, and appointment of an Examiner has been ordered
to investigate certain allegations made against the
Debtor.

On June 2, 2016, the Debtor filed a motion for an order authorizing
the private sale of substantially all assets of the Debtor free and
clear of liens, claims interests and encumbrances and granting
related relief.

The Debtor's counsel can be reahed at:

     Wendy D. Brewer, Esq.
     JENSENBREWER, LLC
     333 N. Alabama Street, Suite 350
     Indianapolis, IN 46204
     Tel: (317) 215-6220
     E-mail: wbrewer@jeffersonbrewer.com

Nightingale Home Healthcare, Inc., filed a Chapter 11 petition
(Bankr. S.D. Ind. Case No. 15-10099) on Dec. 10, 2015, listing
under $1 million in both assets and liabilities.  A copy of the
petition is available at http://bankrupt.com/misc/insb15-10099.pdf.
The Debtor is represented by Wendy D. Brewer, Esq., at Jefferson &
Brewer, LLC.


NORTH ATLANTIC TRADING: S&P Raises Corp. Credit Rating to 'B'
-------------------------------------------------------------
S&P Global Ratings said that it raised its corporate credit rating
on Louisville, Ky.-based North Atlantic Trading Co. Inc. to 'B'
from 'B-'.  The outlook is stable.

At the same time, S&P raised its issue-level ratings on the
company's first-lien debt to 'BB-' from 'B', and on the second-lien
debt to 'CCC+' from 'CCC'.  S&P revised the recovery rating on the
first-lien debt to '1' from '2', indicating its expectation of very
high recovery (90%-100%) in the event of a default.  The recovery
rating on the second-lien debt remains '6', indicating S&P's
expectation of negligible recovery (0-10%) in the event of a
default.

"The ratings upgrades reflect meaningful credit ratio improvement
at the company after repaying about $20 million in second-lien debt
and paying off or converting to common equity its parent company's
shareholder notes (totaling around $70 million, including accrued
interest), in connection with the IPO," said S&P Global Ratings
credit analyst Brennan Clark.

Pro forma for the debt repayment and conversion, S&P estimates
leverage and funds from operations (FFO) in the mid-4x area and
low-double digits, respectively.  While S&P still views the company
as financial sponsor-controlled, S&P believes it will maintain a
slightly less aggressive policy going forward, and will continue to
prepay debt with excess cash flow, notwithstanding any potential
opportunistic acquisitions.  S&P expects the company will pursue
bolt-on acquisition opportunities more aggressively than in the
past, but S&P do not believe it will re-leverage above the high-4x
area.

S&P's ratings on NATC reflect its narrow business focus and weak
position in intensely competitive subsegments of the "other tobacco
products" industry.  The company maintains leading positions in the
cigarette papers and chewing tobacco segments, but these products
are in secular decline.  The company also lacks the scale,
financial flexibility, and brand equity of larger peers such as
Altria Group Inc. and Reynolds American Inc.  S&P believes these
dominant players also have substantial leverage over retailers'
tobacco lineups, resulting in NATC having to fight for shelf space.
While not as significant as for cigarette manufacturers, S&P also
believes the company is exposed to regulatory and litigation risk,
since it is narrowly focused in the tobacco sector.  In fact, S&P
believes NATC may become more acquisitive in the future as even
smaller competitors struggle to comply with new tobacco
regulations, and, as a result, put themselves up for sale.

S&P also considers NATC's asset-light business model and supplier
concentration risk.  While the asset-light model (the company
outsources nearly 90% of production) can be viewed as a positive
because it results in more flexible operations and modest capital
requirements, S&P also believes companies using this model have
relatively less control over costs, quality, and delivery
performance.  S&P notes that the company mitigates these risks to
an extent with supply agreements that allow for on-site testing and
monitoring and for cost-containment provisions based on inflation.
Nevertheless, NATC is generally reliant on one partner to supply
each of its brands, so the company is exposed to the risk of supply
disruption if a supplier encounters issues such as work stoppages,
severe weather conditions, or other operating difficulties.

The stable outlook reflects S&P's expectation that NATC will
continue to generate steady free cash flow as price increases
offset secular declines across most product categories, and
continue to prepay debt with excess cash flow, notwithstanding
opportunistic acquisitions.  S&P forecasts debt to EBITDA in the
mid-4x area and EBITDA interest coverage in the low-2x area in
2016, improving to the low-4x area and high-2x area in 2017.


OHIO TEMPLE BAPTIST CHURCH: Case Summary & 7 Top Unsec. Creditors
-----------------------------------------------------------------
Debtor: The Temple Baptist Church, Cincinnati, Ohio
        11965 Kenn Road
        Cincinnati, OH 45240
        
Case No.: 16-12515

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Southern District of Ohio (Cincinnati)

Judge: Hon. Beth A. Buchanan

Debtor's Counsel: David A. Kruer, Esq.
                  DAVID KRUER & COMPANY, LLC
                  118 West Fifth Street, Ste E
                  Covington, KY 41011
                  Tel: (859) 291-7213
                  Fax: (859) 291-6513
                  E-mail: dkandco@fuse.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Darrell Horsley, pastor.

A list of the Debtor's seven largest unsecured creditors is
available for free at http://bankrupt.com/misc/ohsb16-12515.pdf


PACIFIC 9 TRANSPORTATION: UST Appoints 2 More Committee Members
---------------------------------------------------------------
The Office of the U.S. Trustee on July 5 appointed two more
creditors of Pacific 9 Transportation, Inc., to serve on the
official committee of unsecured creditors.

The unsecured creditors are:

     (1) Victor Castro
         1134 Peachtree Drive
         Madera, CA 93637
         Telephone: (562) 449-7396
         Email: victoryelva3@gmail.com

     (2) Santiago Aguilar
         12103 S. San Pedro Street
         Los Angeles, CA 90061
         Telephone: (323) 216-9467

The bankruptcy watchdog had earlier appointed Daniel Linares,
Amador Rojas, Fariborz Rostamian, Gilberto Camacho, Hugo Pelayo,
Jaime Guerrero and Fernando Flores, court filings show.

                 About Pacific 9 Transportation

Pacific 9 Transportation, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. C.D. Calif. Case No. 16-15447) on
April 26, 2016.  

The petition was signed by Le Phan, CFO. The case is assigned to
Judge Julia W. Brand.

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


PACIFIC EXPLORATION: CCAA Case Recognized as Main Proceeding
------------------------------------------------------------
U.S. Bankruptcy Judge James L. Garrity, Jr., has ordered that the
Canadian Proceedings are granted recognition as foreign main
proceedings of Pacific Exploration & Production Corp. pursuant to
11 U.S.C. Sections 1517(a) and 1517(b)(l).

The Initial CCAA Order is given full force and effect, on a final
basis, with respect to the Debtors and the Debtors' property that
is located within the United States, including (a) authorizing the
Debtors to obtain credit under the DIP Financing Documents and
granting the DIP Lenders the DIP Lenders' Charge, and (b) staying
the commencement or continuation of any actions against the Debtors
or its assets.

             About Pacific Exploration & Production

Pacific Exploration & Production Corp. is a Canadian public company
and a leading explorer and producer of natural gas and crude oil,
with operations focused in Latin America.  The Company has a
diversified portfolio of assets with interests in more than 70
exploration and production blocks in various countries including
Colombia, Peru, Guatemala, Brazil, Guyana and Belize.  The
Company's strategy is focused on sustainable growth in production &
reserves and cash generation.   

In April 19, 2016 and April 20, 2016, the Company announced its
entry into an agreement with: (i) The Catalyst Capital Group Inc.,
(ii) certain members of an ad hoc committee of holders of the
Company's senior unsecured notes, and (iii) certain of the
Company's lenders under its credit facilities, to effect a
comprehensive financial restructuring (the "Restructuring
Transaction") that will significantly reduce debt, improve
liquidity, and best position the Company to navigate the current
oil price environment.  The restructuring will be implemented by
way of a plan of arrangement pursuant to a court-supervised process
in Canada, together with appropriate proceedings in Colombia under
Law 1116 and in the United States.

On April 27, 2016, Pacific Exploration, et al., applied for and
received an order for protection pursuant to the Companies
Creditors Arrangement Act ("CCAA"), R.S.C.1985, c.C-36 from the
Ontario Superior Court of Justice Commercial List and
PricewaterhouseCoopers Inc. was appointed as monitor of the
Applicants (the "Monitor").

The Applicants filed recognition proceedings pursuant to Chapter 15
of title 11 of the United States Bankruptcy Code (the "U.S.
Proceedings") and pursuant to Law 1116 of 2006 of the Republic of
Colombia (the "Colombian Proceedings").  Pacific, et al., each
filed a Chapter 15 bankruptcy petition (Bank. S.D.N.Y. Case Nos.
16-11189 to 16-11211) in New York, in the U.S. on April 29, 2016.

The Company is being advised by Lazard Freres & Co. LLC, Norton
Rose Fulbright Canada LLP (Canada), Proskauer Rose LLP (U.S.),
Zolfo Cooper (U.S.), Garrigues (Colombia) and Kingsdale Shareholder
Services (Canada).  The Independent Committee is being advised by
Osler, Hoskin & Harcourt LLP and UBS Securities Canada Inc.  The
Noteholders forming part of the funding creditors are being advised
by Evercore Group L.L.C. (U.S.), Goodmans LLP (Canada), Paul,
Weiss, Rifkind, Wharton & Garrison LLP (U.S.) and Cardenas y
Cardenas Abogados (Colombia).  FTI Consulting (U.S.), Davis Polk &
Wardwell LLP (U.S.), Torys LLP (Canada) and Gomez-Pinzon Zuleta
Abogados (Colombia) are counsel to the agent on the revolving
credit facility of the Company, and Seward & Kissel is counsel to
the agent on the HSBC Bank, USA, N.A. term loan of the Company.
Catalyst is being advised by Brown Rudnick LLP (U.S.), McMillan LLP
(Canada) and GMP Securities L.P.

PricewaterhouseCoopers Inc., the foreign representative oF Pacific
Exploration, can be contacted at:

         PRICEWATERHOUSECOOPERS INC.
         PwC Tower  
         18 York Street, Suite 2600
         Toronto, ON M5J 0B2
         Attention: Tammy Muradova
         Canada/US: +1 844 855 8568
         Colombia: 01 800 518 2167
         Local US: +1 503 520 4469


PACIFIC SUNWEAR: Court Allows Beeney to Represent Class
-------------------------------------------------------
Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware granted a motion of the Class and PAGA
Claimants for leave to file class proof of claim, which was filed
by Charles Pfeiffer and Tamaree Beeney, who sought permission to
file proofs of claim in a representative capacity.

Judge Silverstein held that Mr. Pfeiffer and Ms. Beeney may file
proofs of claim for violations of California labor law, as such
claims do not require the Court's permission prior to filing.

Judge Silverstein certified the following class, and authorized Ms.
Beeney to file a proof of claim for the class as a class
representative:

     All hourly, non-exempt employees of PacSun working in retail
locations in the State of California from March 18, 2007, through
the 181st day prior to the filing of the bankruptcy petition for:

          (a) failing to authorize and permit employees to take
duty-free rest breaks every four hours or major fraction thereof
and to compensate employees therefor; and

          (b) requiring employees to undergo security checks and
perform closing duties off-the-clock without compensation.

               About Pacific Sunwear of California

Founded in 1982 in Newport Beach, California, as a surf shop,
Pacific Sunwear of California, Inc., operates in the teen and
young adult retail sector, selling men's and womens apparel,
accessories, and footwear.  The Company went public in 1993
(NASDAQ: PSUN), and peaked with 965 stores in 2006.  At present,
the Company has approximately 593 retail locations nationwide under
the names "Pacific Sunwear" and "PacSun," which stores are
principally in mall locations.  The Company has 2,000 full-time
workers.  Through its ecommerce business, the Company operates an
e-commerce site at http://www.pacsun.com/

On April 7, 2016, Pacific Sunwear of California, Inc., and two
affiliated debtors each filed a voluntary petition for relief
under Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the District of Delaware.  The cases are
jointly administered under Case No. 16-10882 and are pending
before the Honorable Laurie Selber Silverstein.

The Debtors sought Chapter 11 protection with a Chapter 11 plan
that would convert debt into equity.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and Klee,
Tuchin, Bogdanoff & Stern LLP as attorneys; FTI Consulting, Inc.,
as financial advisor; Guggenheim Securities, LLC, as investment
banker; and Prime Clerk LLC as claims and noticing agent.


PACIFIC SUNWEAR: Files Amended Schedules of Assets and Liabilities
------------------------------------------------------------------
Pacific Sunwear of California, Inc., et al., filed with the U.S.
Bankruptcy Court for the District of Delaware its amended schedules
of assets liabilities, disclosing:

     Name of Schedule        Assets             Liabilities
     ----------------        ---------------    ---------------
  A. Real Property           $    510,034.19
  B. Personal Property       $131,298,405.81
  C. Property Claimed as
     Exempt
  D. Creditors Holding
     Secured Claims                             $129,519,126.46
  E. Creditors Holding
     Unsecured Priority
     Claims                                     $    404,644.94   

  F. Creditors Holding
     Unsecured Non-Priority
     Claims                                     $ 38,965,330.77
                            ---------------     ---------------
        Total               $131,808,440.00     $168,884,457.23

A copy of the schedules is available for free at:

                        https://is.gd/I7RU1f

                 About Pacific Sunwear of California

Founded in 1982 in Newport Beach, California, as a surf shop,
Pacific Sunwear of California, Inc., operates in the teen and
young adult retail sector, selling men's and womens apparel,
accessories, and footwear.  The Company went public in 1993
(NASDAQ: PSUN), and peaked with 965 stores in 2006.  At present,
the Company has approximately 593 retail locations nationwide
under the names "Pacific Sunwear" and "PacSun," which stores are
principally in mall locations.  The Company has 2,000 full-time
workers. Through its ecommerce business, the Company operates an
e-commerce site at http://www.pacsun.com/

On April 7, 2016, Pacific Sunwear of California, Inc., and two
affiliated debtors each filed a voluntary petition for relief
under Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the District of Delaware.  The cases are
jointly administered under Case No. 16-10882 and are pending
before the Honorable Laurie Selber Silverstein.

The Debtors sought Chapter 11 protection with a Chapter 11 plan
that would convert debt into equity.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and Klee,
Tuchin, Bogdanoff & Stern LLP as attorneys; FTI Consulting, Inc.,
as financial advisor; Guggenheim Securities, LLC, as investment
banker; and Prime Clerk LLC as claims and noticing agent.


PALADIN ENERGY: Taps Weaver and Tidwell as Tax Accountant
---------------------------------------------------------
Paladin Energy Corp. seeks approval from the U.S. Bankruptcy Court
for the Northern District of Texas to hire Weaver and Tidwell, LLP
as tax accountant.

Weaver and Tidwell will assist the Debtor in preparing its 2015 tax
returns.  The firm will receive a flat fee of $10,500 for its
services.

Jeff Sanders, a certified public accountant, disclosed in a court
filing that the firm does not hold or represent any interest
adverse to the Debtor, and is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Jeff Sanders
     Weaver and Tidwell, LLP
     12221 Merit Drive, Suite 1400
     Dallas, TX 75251
     Telephone: (972) 490-1970
     Facsimile: (972) 702-8321

                        About Paladin Energy

Paladin Energy Corp. sought chapter 11 protection (Bankr. N.D. Tex.
Case No. 16-31590) on Apr. 21, 2016.  The Debtor is represented by
Davor Rukavina, Esq., at Munsch, Hardt, Kopf & Harr, P.C., in
Dallas, Tex.  The Debtor estimated assets ranging from $10 million
to $50 million and estimated debts ranging from $10 million to $50
million.


PALMAZ SCIENTIFIC: Vactronix Wants 118 Claims Disallowed
--------------------------------------------------------
Vactronix Scientific, Inc., asks the U.S. Bankruptcy Court to
disallow approximately 118 proofs of claim filed against Palmaz
Scientific Inc., and its debtor affiliates.

Vactronix was identified as the initial bidder for the Debtors'
assets at a purchase price of $22,600,000 on an "as is, where is
basis."  The Debtors are expected to move forward with the sale of
substantially all assets to Vactronix Scientific as no qualified
competing bids were submitted by the June 8, 2016 deadline.

Vactronix tells the Court that it is in the process of reviewing
the proofs of claim, including its supporting documentation and
reconciling the proofs of claim with the Debtors' books and records
to determine the validity of the proofs of claim.  Based on this
initial review, Vactronix and the Debtors determined that the
disputed claims are proofs of interest, and should therefore be
disallowed as unsecured proofs of claims and reclassified as proofs
of interest for equity investment.

Vactronix objects these proofs of claim by virtue of it being the
stalking horse bidder for the Debtors' assets.  Under its asset
purchase agreement with the Debtors, Vactronix has agreed to pay
and/or assume and satisfy timely-filed allowed unsecured claims of
pre-petition creditors, specifically, Vactronix has not agreed to
pay, assume and/or satisfy any claim arising from rescission of a
purchase or sale of a security of the Debtors or of an affiliate of
the Debtors or for damages arising from the purchase or sale of
such a security, which would include these claims of equity
security holders.

Attorneys for Vactronix Scientific, Inc.:

       Randy W. Williams, Esq.
       THOMPSON & KNIGHT LLP
       333 Clay St., Suite 3300
       Houston, TX 7002-4499
       Telephone: 713.654.8111
       Facsimile: 713.654.1871
       Email: Randy.Williams@tklaw.com

              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. Proposed 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 cases are assigned to Judge Craig A. Gargotta.

Palmaz estimated 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.


PEABODY ENERGY: Seeks Bridge Order for Plan Exclusivity Thru Aug. 3
-------------------------------------------------------------------
BankruptcyData.com reported that Peabody Energy filed with the U.S.
Bankruptcy Court a motion for the entry of a bridge order
temporarily extending the periods, collectively, the subject
periods during which (a) the Debtors may choose to assume or reject
unexpired leases of nonresidential real property under which a
Debtor is the lessee, the nonresidential lease assumption period
and (b) the Debtors have the exclusive right to file a plan and
solicit acceptances thereto, the exclusivity period until the Court
rules on the Debtors' motions to extend the subject periods,
collectively, the extension motions, which will be filed no later
than August 3, 2016. The motion explains, "No later than August 3,
2016 (which date is within the Nonresidential Lease Assumption
Period and the Exclusivity Period), the Debtors intend to file the
Extension Motions, with notice to all required parties under the
Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, the
Local Rules of this Court and the Order Establishing Certain
Notice, Case Management and Administrative Procedures, requesting
an extension of the Subject Periods. The Case Management Order
clearly provides that an order extending the Subject Periods may be
granted so long as the motions requesting such relief are filed
prior to the expiration of the Subject Periods. Out of an abundance
of caution, however, the Debtors are hereby requesting that the
Court enter a bridge order extending the Subject Periods until the
Court has ruled on the anticipated Extension Motions."

The Court scheduled a July 20, 2016 hearing to consider the motion,
with objections and responses due by July 13, 2016, according to
the report.

                  About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers, both
as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net
loss in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
Case No. 16-42529 in the U.S. Bankruptcy Court for the Eastern
District of Missouri.

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.


PENN VIRGINIA: Plan Confirmation Hearing Set for August 11
----------------------------------------------------------
The Hon. Keith L. Phillips of the U.S. Bankruptcy Court for the
Eastern District of Virginia will commence a hearing on Aug. 11,
2016, at 11:00 a.m. (prevailing Eastern time) located at 701 East
Broad Street, Courtroom 5100, Richmond, Virginia, to confirm the
Chapter 11 plan of reorganization of Penn Virginia Corporation and
its debtor-affiliates.

Objections to the confirmation of the Debtors' plan, if any, are
due Aug. 1, 2016, at 5:00 p.m. (prevailing Eastern time).

The deadline for voting on the Debtors' plan is on Aug. 2, 2016, at
5:00 p.m. (prevailing Eastern time).

The Court approved the adequacy of the Debtors' disclosure
statement explaining their plan on June 28, 2016.

                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.

The U.S. trustee for Region 4 has appointed an official committee
of unsecured creditors.


PIONEER HEALTH: ERx, Management Plus Appointed to Committee
-----------------------------------------------------------
Henry Hobbs, Jr., acting U.S. trustee for Region 5, on July 5
appointed two more creditors of Pioneer Health Services, Inc., to
serve on the official committee of unsecured creditors.

The two unsecured creditors are:

     (1) Management Plus, Inc.
         Phyllis Spence
         P.O. Box 908
         Madison, MS 39130
         Tel: (601) 898-4774

     (2) ERx, LLC
         Robert Devrnja, M.D.
         3109 Tooles Bend Road
         Knoxville, TN 37922
         Tel: (865) 777-1300

The bankruptcy watchdog had earlier appointed McKesson Technologies
Inc., Scott Medical Imaging LLC, and Cardinal Health 200, LLC and
Cardinal Health 414, LLC, court filings show.

                      About Pioneer Health

Pioneer Health Services, Inc., and its debtor-affiliates, including
Medicomp Inc., filing separate Chapter 11 bankruptcy petitions
(Bankr. S.D. Miss. Case No. 16-01119 to 16-01126) on March 30,
2016.  The Debtors provide healthcare services to rural
communities, and own and manage rural critical access hospitals.

Judge Hon. Neil P. Olack presides over the Debtors' cases.  The Law
Offices of Craig M. Geno PLLC serves as the Debtors' counsel.

Pioneer Health Services estimated $10 million to $50 million in
both assets and liabilities.  The petitions were signed by Joseph
S. McNulty III, president.


PURADYN FILTER: Forrest Hayes Quits as Director
-----------------------------------------------
Forrest D. Hayes provided Puradyn Filter Technologies Incorporated
with notice of his resignation from the Board of Directors,
effective June 30, 2016, due to other commitments.  Mr. Hayes has
served on the Board since 2005, according to a regulatory filing
with the Securities and Exchange Commission.

                     About Puradyn Filter

Boynton Beach, Fla.-based Puradyn Filter Technologies Incorporated
(OTC BB: PFTI) designs, manufactures and markets the puraDYN's Oil
Filtration System.

Puradyn reported a net loss of $1.44 million on $1.97 million of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $1.15 million on $3.11 million of net sales for the year ended
Dec. 31, 2014.

As of March 31, 2016, Puradyn had $1.62 million in total assets,
$14.50 million in total liabilities and a total stockholders'
deficit of $12.87 million.

Liggett & Webb, P.A., in Boynton Beach, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has
experienced net losses since inception and negative cash flows from
operations and has relied on loans from related parties to fund its
operations.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.


RAIDER OILFIELD: Hires James & Haugland as Attorneys
----------------------------------------------------
Raider Oilfield Services, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Texas to employ James
& Haugland, P.C. as Attorneys.

The Debtor requires James & Haugland to:

     a. analyze the Applicant's financial situation, and render
advice to the applicant in determining whether to file a petition
in Bankruptcy;

     b. prepare and file of the Voluntary Petition, Schedules,
Statement of Financial Affairs, Plan of Reorganization and
Disclosure Statement,as required;

     c. represent the Applicant at the meeting of creditors and
confirmation hearing, and any adjourned hearing thereof;

     d. represent the Applicant in adversary proceedings and other
contested bankruptcy matters;

     e. give the Applicant legal advice with respect to powers and
duties as a Debtor-in-Possession and the continued operation of the
business;

     f. prepare on behalf of the Applicant, as
Debtor-in-Possession, the necessary applications, answers, orders,
reports and other papers, including but not limited to claims
objections and pursuit of Chapter 5 causes of action;

     g. help the Applicant with any necessary documents for the
obtaining of post-petition credits, offsets, etc.;

     h. perform all of the legal services for the Applicant, as a
Debtor-in-Possession, which mat be necessary herein;

     i. prepare Disclosure Statement and Plan of Reorganization;

     j. obtain approval of Disclosure Statement and confirmation of
Plan of Reorganization;

     k. file and prosecute any post-confirmation Objections to
Claim, contested matters and adversary proceedings; and

     l. perform all necessary post-confirmation tasks to
substantially consulate the Plan of Reorganization.

James & Haugland will be paid at these hourly rates:

     Wiley F. James, III                $350
     Corey W. Haugland                  $350
     Jamie T. Wall                      $250
     Paralegals                         $100

The Applicant has paid the sum of $21,717 to James & Haugland as a
retainer for bankruptcy counselling and preparation of the Chapter
11 papers.

Wiley F. James, shareholder in the law firm James & Haugland, P.C.,
assured the Court that the firm does not represent any interest
adverse to the Debtors and their estates.

James & Haugland may be reach at:

       Wiley F. James, III
       James & Haugland, P.C.
       609 Montana Avenue
       El Paso, TX 79902
       Telephone: (915)532-3911
       Facsimile: (915)541-6440
       E-mail: wjames@jghpc.com

Raider Oilfield Services, LLC filed a Chapter 11 petition (Bankr.
W.D. Tex. Case No. 7:16-bk-70101) on June 17, 2016.  Judge Ronald
B. King oversees the case.


RAILROAD SALVAGE: Hires Mense Churchwell as Accountants
-------------------------------------------------------
Railroad Salvage & Restoration, Inc., and its debtor-affiliates
seek permission from the U.S. Bankruptcy Court for the Western
District of Missouri to employ Mense, Churchwell & Mense, P.C. as
accountants for the Debtors.

The Debtors have remained in possession of their assets and is
operating their business since the bankruptcy filing date.

The Debtors require Mense to:

     a. prepare and filing go Monthly Operating Reports; and

     b. prepare of financial documents as they become necessary.

The Debtors agree to pay Mense at $140 per hour.

Eugene Mense, part owner of Mense, Churchwell & Mense, P.C.,
assured the Court that the firm does not represent any interest
adverse to the Debtors and their estates.

Mense may be reached at:

       Eugene Mense
       Mense, Churchwell & Mense, P.C.
       427 S Wall Avenue
       Joplin, MO 64802
       Tel: 417-623-2505
       Fax: 417-623-2507

                   About Railroad Salvage

Railroad Salvage & Restoration, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W. D. Mo. Case No.
16-30292) on June 14, 2016.  The petition was signed by William
Ryan Jackson, vice-president.  The case is assigned to Judge
Cynthia A. Norton.  At the time of the filing, the Debtor estimated
both its assets and liabilities at $1 million to $10 million.


RBK TRUCKING: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of R.B.K. Trucking, Inc.

R.B.K. Trucking, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-01898) on May 20,
2016.  The Debtor is represented by Jason A. Burgess, Esq., at The
Law Offices of Jason A. Burgess, LLC.


REFUGE FAMILY CARE: Patient Care Ombudsman Unnecessary
------------------------------------------------------
U.S. Bankruptcy Judge Paul Baisier has ordered that the appointment
of a Patient Care Ombudsman is not necessary for Refuge Family Care
PCH Inc.

Should the situation change for Debtor in the future, a new motion
to determine if a Patient Care Ombudsman is necessary can be
refiled and heard by the court for further consideration.

Hampton, Ga.-based Refuge Family Care PCH Inc. is a mental health
lodging business where employees of the Debtor provide adult day
and night supervision of patients housed in the four houses.
Refuge Family Care  sought chapter 11 protection (Bankr. N.D. Ga.
Case No. 16-59679) on June 3, 2016.  The Debtor is represented by
Evan M. Altman, Esq.  The petition was signed by Miles Raynor,
president of the Company.  The Debtor estimated assets between $0
and $50,000, and liabilities between $500,001 and $1,000,000.


REPUBLIC AIRWAYS: Can Implement Key Employee Retention Plan
-----------------------------------------------------------
U.S. Bankruptcy Judge Sean H. Lane has authorized Republic Airways
Holdings Inc. to implement a key employee retention plan.  All
objections not withdrawn are overruled.

                     About Republic Airways

Based in Indianapolis, Indiana, Republic Airways Holdings Inc.,
(OTCMKTS:RJETQ) owns Republic Airline and Shuttle America
Corporation. Republic Airline and Shuttle America --
http://www.rjet.com/-- offer approximately 1,000 flights daily to
105 cities in 38 states, Canada, the Caribbean and the Bahamas
through Republic's fixed-fee codeshare agreements under our major
airline partner brands of American Eagle, Delta Connection and
United Express. The airlines currently employ about 6,000 aviation
professionals.

Republic Airways Holdings Inc. and six affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
16-10429) on Feb. 25, 2016.  The petitions were signed by Joseph P.
Allman as senior vice president and chief financial officer. Judge
Sean H. Lane has been assigned the cases.

As of Jan. 31, 2016, on a consolidated basis, Republic had assets
and liabilities of $3,561,000,000 and $2,971,000,000 (unaudited),
respectively.

Zirinsky Law Partners PLLC and Hughes Hubbard & Reed LLP are
serving as Republic's legal advisors in the restructuring.  Seabury
Group LLC is serving as financial advisor.  Deloitte & Touche LLP
is the independent auditor.  Prime Clerk is the claims and noticing
agent.

The U.S. Trustee for Region 2 appointed seven creditors of Republic
Airways Holdings Inc. to serve on the official committee of
unsecured creditors.  The Committee retained Morrison & Foerster
LLP as attorneys and Imperial Capital, LLC, as investment banker
and co-financial advisor.


RICEBRAN TECHNOLOGIES: Agrees to Changes to Board Composition
-------------------------------------------------------------
RiceBran Technologies announced that it has entered into an
agreement with LF-RB Management, LLC, Stephen D. Baksa, Richard
Bellofatto, Edward M. Giles, Michael Goose, Gary L. Herman, Larry
Hopfenspirger and Richard Jacinto II (collectively, the "LF-RB
Group").  The LF-RB Group beneficially owns approximately 9.0% of
the Company's outstanding stock.

As reported on June 28, 2016, the independent inspector of
elections at the Company's 2016 Annual Meeting of Shareholders
determined that the incumbent Board received more than 5.2 million
votes and LF-RB Group's proposed slate of directors received 3.2
million votes.  In the interest of its shareholders, the Company
negotiated a comprehensive agreement with the LF-RB Group and made
changes it sees as beneficial to its shareholders and the Company's
ultimate goal of building shareholder value.

Pursuant to terms of the agreement, the Company's Board of
Directors was reconstituted to comprise John Short, Baruch Halpern,
Henk Hoogenkamp, and David Goldman, who are continuing directors,
and Brent Rosenthal, Beth Bronner, and Ari Gendason, who were
designated by the LF-RB Group.  The new Board members have
significant experience in the food industry, finance and capital
markets.

Under the agreement, the Board will appoint Mr. Rosenthal as
Chairman of the Board of Directors, Mr. Goldman as Chairman of the
Audit committee and Ms. Bronner as Chairman of the Compensation
Committee. In addition, Messrs. Rosenthal, Gendason, Hoogenkamp and
Goldman will become members of the Nominating and Governance
Committee, and Messrs. Rosenthal and Hoogenkamp will serve as
Co-Chairmen of such committee.

At the same time, the Company has restructured its Senior
Management team and added new talent in order to focus on high
margin sales opportunities in the food ingredient space.  Dr.
Robert Smith has been named chief operating officer, Mark McKnight
has taken the role of president of Contract Manufacturing Sales and
Michael Goose will join the Company's senior management team as
President of Ingredient Sales and Marketing.  Mr. Goose is a new
products innovator with significant consumer packaged goods
experience, and a proven track record in developing business at The
Hain Celestial Group.

RiceBran Technologies believes these changes will enhance its
ability to focus on the substantial opportunities that exist in the
rapidly growing natural, organic and functional food markets, both
domestically and internationally.

John Short, chief executive officer of the Company, commented: "On
behalf of RiceBran Technologies, I welcome Brent, Beth and Ari as
new independent directors of the Board.  We expect to benefit from
their business experience and industry contacts as we continue to
execute the Company's strategy to drive enhanced value for
shareholders by converting feed to food and attacking the rapidly
growing market for natural, organic and functional foods.  We are
also very excited that Michael Goose will be joining our senior
management team to drive sales and marketing of our high margin
human and functional food ingredients.  I want to thank our
departing directors Robert Schweitzer, Peter Woog and Marco Galante
for their years of distinguished service and contributions."

Gary L. Herman, managing member of the LF-RB Group, added: "The
LF-RB Group is confident that its three director designees and
President of Ingredient Sales and Marketing will work
collaboratively with the continuing directors in order to drive the
Company toward an exciting new phase of growth and prosperity."

Brent Rosenthal, newly appointed Chairman of the Board, added: "The
reconstituted board effectively positions RiceBran to execute the
Company's business strategy and maximize long term shareholder
value.  We look forward to helping RiceBran Technologies capitalize
on the prevailing trends of the consumer migration to healthy and
natural products."

Vinson & Elkins L.L.P. and Weintraub Tobin Chediak Coleman Grodin
Law Corporation are serving as legal counsel to the Company. Pepper
Hamilton LLP is serving as legal counsel to the LF-RB Group.

About Brent Rosenthal

Mr. Rosenthal is a Partner with affiliates of W.R. Huff Asset
Management Co., LLC, where he has been employed since 2002. He has
served as a Member of the board of directors of comScore since
February 2016 and has been a Special Advisor to the board of
directors of Park City Group, a food safety and supply chain
software company, since November 2015.  Mr. Rosenthal also serves
on the boards of directors of two privately-held branded Hispanic
food companies.  Previously Mr. Rosenthal served as a member of the
board directors of Rentrak from 2008 to 2016 and as the
Non-Executive Chairman from 2011 to 2016.

About Beth Bronner

Ms. Bronner is Managing Director at Mistral Equity Partners, a
private equity firm specializing in the consumer and food sector.
Ms. Bronner is a recognized senior business leader with a track
record of delivering strong revenue and market share growth for
marquee brands.  Ms. Bronner served on the Board of Directors of
The Hain Celestial Group (NASDAQ:HAIN) from 1993-2010.  Ms. Bonner
also served on the Board of Directors of Jamba, Inc. from
2009-2012.  At Revlon, she was President of Revlon Professional,
North America. At Sunbeam, she was President of the Health
Division.  At AT&T, she was Vice-President, Consumer
Market/Business Markets. At Citibank, she was Senior Vice President
& Chief Marketing Officer of the Consumer/Retail business.  Ms.
Bronner has also served as Global Chief Marketing Officer of Beam
Spirits and Wine.

About Ari Gendason

Mr. Gendason is senior vice president, Corporate Investments of
Continental Grain Company, a global food and agriculture company.
He has been with Continental Grain Company since 2004.  Mr.
Gendason was formerly an Associate at VantagePoint Venture
Partners; an Associate at Greenbridge Capital; an Associate at RSL
Communications; and an Investment Banking Analyst at CIBC
Oppenheimer.

About Michael Goose

Mr. Goose has over 13 years of consumer package goods experience as
a new product innovator and leader.  Mr. Goose has held numerous
positions at The Hain Celestial Group (NASDAQ:HAIN) from 2002 until
2014, with the latest being Director of Marketing for Strategic
Brands, where he was responsible for over 1000 different SKUs.

                           About RiceBran

Scottsdale, Ariz.-based RiceBran Technologies, a California
corporation, is a human food ingredient and animal nutrition
company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran.

RiceBran reported a net loss of $10.6 million on $39.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $26.6 million on $40.10 million of revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, RiceBran had $34.9 million in total assets,
$26.9 million in total liabilities and $7.66 million in total
equity attributable to the Company's shareholders.

The Company's auditors Marcum LLP, in New York, NY, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations resulting in an accumulated
deficit of $251 million at December 31, 2015.  This factor among
other things, raises substantial doubt about its ability to
continue as a going concern.


ROTARY DRILLING: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      Rotary Drilling Tools USA, LLC              16-33433
      9022 Vincik Ehlert Road
      Beasley, TX 77417

      Tubular Repair, LLC                      16-33434
      
      Rotary Drilling Holdings IV, LLC          16-33435

      Pipe Coatings International, LLC            16-33437

Type of Business: Manufactures and markets oilfield drilling
                  tubular tools

Chapter 11 Petition Date: July 6, 2016

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

Judge: Hon. Jeff Bohm

Debtors' Counsel: Brooke B Chadeayne, Esq.
                  LOCKE LORD BISSELL & LIDDELL, LLP
                  2800 JP Morgan Chase Tower
                  600 Travis Street
                  Houston, TX 77002
                  Tel: (713) 226-1340
                  Fax: (713) 226-2697
                  E-mail: bchadeayne@lockelord.com

                    - and -

                  Elizabeth M Guffy, Esq.
                  LOCKE LORD BISSELL & LIDDELL, LLP
                  600 Travis, Suite 2800
                  Houston, TX 77002
                  Tel: 713-226-1328
                  E-mail: eguffy@lockelord.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Bryan M. Gaston, chief restructuring
officer.

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


SEVENTY SEVEN: Hires Baker Botts as Counsel
-------------------------------------------
Seventy Seven Finance, Inc., and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the District of
Delaware to employ Baker Botts LLP as Counsel for the Debtors and
Debtors-in-Possession, nunc pro tunc to June 7, 2016.

The Debtors require Baker Botts to:

     a. advise the Debtors with respect to their powers and duties
as debtors in possession in the continued management and operation
of their business and properties;

     b. advise and consult on the conduct of the Chapter 11 Case,
including all of the legal and administrative requirements of
operating in chapter 11;

     c. attend meetings and negotiate with representatives of
creditors and other parties in interest;

     d. take all necessary actions to protect and preserve the
Debtors' estate, including prosecuting actions on the Debtors'
behalf, defending any actions commenced against the Debtors, and
represent the Debtors in negotiations concerning litigation in
which the Debtors are involved, including objections to claims
filed against the Debtor's estates;

     e. prepare pleadings in connection with the Chapter 11 Cases,
including motions, applications, answers, orders, reports and
papers necessary or otherwise beneficial to the administration of
the Debtors' estates;

     f. represent the Debtors in connection with negotiation,
documentation and obtaining authority to enter into financing
arrangements as may be required, including but not limited to, the
exit financing contemplated by the Plan;

     g. advise the Debtors in connection with any potential sale of
assets;  

     h. appear before the Court and any appellate courts to
represent the interest of the Debtor's estates;

     i. represent the Debtors and their current and former officers
and directors in connection with any securities-based lawsuits
and/or SEC inquiries;

     j. advise the Debtors regarding tax matters;

     k. take any necessary action on behalf of the Debtors to
obtain approval of the disclosure statement and confirmation of a
chapter 11 plan, in particular the Plan and Disclosure Statement on
file with the Court and all documents related thereto; and

     l. perform all necessary legal services for the Debtors in
connection with the prosecution of the Chapter 11 Cases, including:
(i) analyzing the Debtors' leases and contracts and the assumption
and assignment or rejection thereof; (ii) analyzing the validity of
liens against the Debtors; and (iii) advising the Debtors on
corporate and litigation matters.

Baker Botts will be paid at these hourly rates:

         Partners                      $800-$1,300
         Special Counsel               $600-$1,000
         Associates                    $425-$725
         Paraprofessionals             $165-$325
         Emanuel Grillo                $1,050
         Shalla Prichard               $800
         Jason Rocha                   $750
         Jon Finelli                   $650
         Christopher Newcomb           $650
         Whitney Blazek                $450
            
Baker Botts will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Emanuel Grillo, partner in the law firm of Baker Botts LLP, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The following is provided in response to the request for additional
information set forth in D1 of the U.S. Trustee's Appendix B
Guidelines:

     -- Baker Botts has billed the Debtors at the firm's lower
"preferred" rates rather than its "standard" rates, subject to a
further discount arranged for this particular client, consistent
with the firm's prior custom and practice with the Debtors.

     -- Baker Botts has been engaged by the Debtors since 2014. The
billing rates and material terms of the prepetition engagement for
the 12 months prepetition are the same as the rates and terms
described in the firm's Declaration.

     -- The Debtors have approved a prospective budget for Baker
Botts' engagement for the postpetition period, which budget is set
forth in an exhibit related to the Debtors' Motion for Entry of
Interim and Final Orders (I) Authorizing Debtors and Debtors in
Possession to Obtain Postpetition Financing, (II) Authorizing Use
of Cash Collateral, (III) Granting Liens and Super-Priority Claims,
(IV) Granting Adequate Protection to Prepetition Secured Lenders,
(V) Modifying the Automatic Stay; (VI) Scheduling a Final Hearing,
and (VII) Granting Related Relief.  The budget may be amended as
necessary to reflect changed or unanticipated circumstances.

Baker Botts may be reached at:

      Emanuel Grillo, Esq.
      Baker Botts LLP
      30 Rockefeller Plaza
      New York, NY 10112
      Telephone: (212)408-2519
      E-mail: emanuel.grillo@bakerbotts.com

                   About Seventy Seven Energy Inc.

Headquartered in Oklahoma City, Seventy Seven Energy Inc. (SSE) --
http://www.77nrg.com/-- provides wellsite services and equipment  

to U.S. land-based exploration and production customers.  SSE's
services include drilling, hydraulic fracturing and oilfield
rentals and its operations are geographically diversified across
many of the most active oil and natural gas plays in the onshore
U.S., including the Anadarko and Permian basins and the Eagle
Ford,
Haynesville, Marcellus, Niobrara and Utica shales.

Each of Seventy Seven Finance Inc., Seventy Seven Energy Inc.,
Seventy Seven Operating LLC, Great Plains Oilfield Rental, L.L.C.,
Seventy Seven Land Company LLC, Nomac Drilling, L.L.C.,
Performance
Technologies, L.L.C., PTL Prop Solutions, L.L.C., SSE Leasing LLC,
Keystone Rock & Excavation, L.L.C. and Western Wisconsin Sand
Company, LLC filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case Nos. 16-11409 to 16-11419,
respectively) on June 7, 2016.

The Debtors listed total assets of $1.77 billion and total
liabilities of $1.72 billion.

The Debtors have engaged Baker Botts LLP as general bankruptcy
counsel; Morris, Nichols, Arsht & Tunnell LLP as co-counsel;
Lazard
Freres & Co. LLC as investment banker; Alvarez & Marsal as
restructuring advisor; and Prime Clerk LLC as notice, claims and
balloting agent.

Judge Laurie Selber Silverstein is assigned to the cases.


SEVENTY SEVEN: Wants to Assume $100M Exit Facility Letter
---------------------------------------------------------
Seventy Seven Finance Inc. and its affiliated debtors ask the U.S.
Bankruptcy Court for the District of Delaware to authorize the
assumption of:

     (1) A $100,000,000 Senior Secured Asset-Based DIP and
$100,000,000 Exit Revolving Loan Facility Commitment Letter
("Commitment Letter") and a Joinder Agreement to $100,000,000
Senior Secured Asset-Based DIP and $100,000,000 Exit Revolving Loan
Facility Commitment Letter ("Joinder Agreement") between Seventy
Seven Energy, Inc. ("SSE") and Wells Fargo Bank, National
Association and Bank of America; and

     (2) A Commitment Fee Letter between SSE and Wells Fargo.

The Debtors relate that in the Commitment Letter, the Commitment
Parties have agreed to make available $100 million under the Exit
Facility.

Following emergence, the Debtors plan to utilize the availability
under the Exit Facility to provide themselves with liquidity to:

    (i) repay outstanding allowed administrative expenses and
allowed claims in accordance with the Plan, including obligations
under the DIP Financing;

   (ii) fund costs, expenses and fees in connection with the Exit
Facility; and

  (iii) fund working capital for post-emergence operations and for
other general corporate purposes.

The Debtors tell the Court that the Exit Facility will be available
for a term ending June 25, 2019, and will be secured by
first-priority liens and security interests on all collateral
securing the DIP Facility and by third-priority liens and security
interests on all collateral that secures the Debtors' Term Loan.
The Debtors further tell the Court that they agreed to the terms of
the Exit Facility after consulting with their advisors on the
possibility of an out-of-court financing and after reaching a
determination that the amount and pricing of the Exit Facility
represented a reasonable exercise of the Debtors' business
judgment.

The Fee Letter sets forth the Debtors' commitment to the Commitment
Parties, as an inducement to execute and deliver the Commitment
Letter, to pay certain fees in connection with the Exit Facility,
including, among others, a Facility Fee in the amount of $850,000.

Seventy Seven Finance Inc. and its affiliated debtors are
represented by:

          Robert J. Dehney, Esq.
          Andrew R. Remming, Esq.
          MORRIS, NICHOLS, ARSHT & TUNNELL LLP
          1201 N. Market St., 16th Flr.
          PO Box 1347
          Wilmington, DE 19899-1347
          Telephone: (302)658-9200
          Facsimile: (302)658-3989
          E-mail: rdehney@mnat.com
                  aremming@mnat.com

                  - and -

          Emanuel C. Grillo, Esq.
          Christopher Newcomb, Esq.
          BAKER BOTTS LLP
          30 Rockefeller Plaza
          New York, NY 10112
          Telephone: (212)892-4000
          E-mail: emanuel.grillo@bakerbotts.com
                  chris.newcomb@bakerbotts.com

                    About Seventy Seven Energy

Headquartered in Oklahoma City, Seventy Seven Energy Inc. (SSE) --
http://www.77nrg.com/-- provides wellsite services and equipment  
to U.S. land-based exploration and production customers.  SSE's
services include drilling, hydraulic fracturing and oilfield
rentals and its operations are geographically diversified across
many of the most active oil and natural gas plays in the onshore
U.S., including the Anadarko and Permian basins and the Eagle
Ford,
Haynesville, Marcellus, Niobrara and Utica shales.

Each of Seventy Seven Finance Inc., Seventy Seven Energy Inc.,
Seventy Seven Operating LLC, Great Plains Oilfield Rental, L.L.C.,
Seventy Seven Land Company LLC, Nomac Drilling, L.L.C.,
Performance
Technologies, L.L.C., PTL Prop Solutions, L.L.C., SSE Leasing LLC,
Keystone Rock & Excavation, L.L.C. and Western Wisconsin Sand
Company, LLC filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case Nos. 16-11409 to 16-11419,
respectively) on June 7, 2016.

The Debtors listed total assets of $1.77 billion and total
liabilities of $1.72 billion.

The Debtors have engaged Baker Botts LLP as general bankruptcy
counsel; Morris, Nichols, Arsht & Tunnell LLP as co-counsel;
Lazard
Freres & Co. LLC as investment banker; Alvarez & Marsal as
restructuring advisor; and Prime Clerk LLC as notice, claims and
balloting agent.

Judge Laurie Selber Silverstein is assigned to the cases.


SEVENTY SEVEN: Wants to File Commitment Fee Letter Under Seal
-------------------------------------------------------------
Seventy Seven Finance Inc. and its affiliated debtors ask the U.S.
Bankruptcy Court for the District of Delaware for authorization to
file under seal a commitment fee letter between Seventy Seven
Energy Inc. and Wells Fargo Bank, National Association ("Fee
Letter").

The Debtors also seek authority to redact references to
confidential information in the Fee Letter in the their Commitment
Letter Motion.

The Debtors tell the Court that the Fee Letter sets forth an
agreement between the Debtors and Wells Fargo with respect to
certain fees to be paid to Wells Fargo and other Commitment Parties
related to the Exit Facility, including with respect to its roles
as arranger and administrative and collateral agent under the Exit
Facility.

"The Fee Letter contains certain highly sensitive commercial
information regarding certain fees to be paid by the Debtors to
Wells Fargo and the other Commitment Parties in connection with its
agreement to provide the commitments in the Commitment Letter and
to act in certain capacities under the Exit Facility.  If available
to competitors, this and other information in the Fee Letter could
be used to the commercial detriment of the Debtors, Wells Fargo and
the other Commitment Parties... Accordingly, the Debtors file this
Motion to Seal respectfully requesting this Court's permission to
file the Fee Letter under seal and redact portions of the
Commitment Letter Motion that reference confidential information in
the Fee Letter. The unredacted Fee Letter will nonetheless be made
available to the Office of the United States Trustee for the
District of Delaware.. and counsel and financial advisors to the
Consenting Term Loan Lenders, the Consenting Incremental Term Loan
Lenders, the Consenting OpCo Noteholders, the Consenting HoldCo
Noteholders and the official committee of unsecured creditors, if
any, (a) on a confidential and 'professional eyes' only' basis and
(b) subject to the terms and conditions set forth in the applicable
Commitment Documents," the Debtors aver.

                     U.S. Trustee's Objection

Andrew R. Vara, the Acting United States Trustee for Region 3,
contends that the Debtors' assertions do not demonstrate that the
information set forth in the Commitment Fee Letter is commercially
sensitive information.  He further contends that the Debtors have
failed to show that the lenders' alleged interest in secrecy
outweighs the presumption in favor of access to the terms set forth
in the Commitment Fee Letter.

"The Debtors have sought to seal the Commitment Fee Letter as
commercial information that the parties have agreed to keep
confidential.  However, debtor-in-possession financing fees are
routinely disclosed as part of DIP financing motions.  Other
payments by debtors are also routinely disclosed as part of the
bankruptcy process, including the statement of financial affairs
and the monthly operating reports.  As bankruptcy is a transparent
process, creditors and other parties in interest have the right to
review such information... even if the Debtors could successfully
demonstrate that there may be one or more terms of the Commitment
Fee Letter that may be protected under section 107(b) or Rule 9018,
the relief granted should be narrowly tailored... Only those
portions of the documents that comport with the requirements of
either section 107 (b) or FRBP 9018 should be redacted and sealed.
The balance should become part of the public record," Mr. Vara
argues.

Seventy Seven Finance Inc. and its affiliated debtors are
represented by:

          Robert J. Dehney, Esq.
          Andrew R. Remming, Esq.
          MORRIS, NICHOLS, ARSHT & TUNNELL LLP
          1201 N. Market St., 16th Floor
          P.O. Box 1347
          Wilmington, DE 19899-1347
          Telephone: (302)658-9200
          Facsimile: (302)658-3989
          E-mail: rdehney@mnat.com
                  aremming@mnat.com

               - and -

          Emanuel C. Grillo, Esq.
          Christopher Newcomb, Esq.
          BAKER BOTTS LLP
          30 Rockefeller Plaza
          New York, NY 10112
          Telephone: (212)892-4000
          E-mail: emanuel.grillo@bakerbotts.com
                  chris.newcomb@bakerbotts.com

Andrew R. Vara, Acting United States Trustee for Region 3, is
represented by:

          Jane M. Leamy, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          J. Caleb Boggs Federal Building
          844 King Street, Suite 2207, Lockbox 35
          Wilmington, DE 19801
          Telephone: (302)573-6491
          Facsimile: (302)573-6497

                    About Seventy Seven Energy

Headquartered in Oklahoma City, Seventy Seven Energy Inc. (SSE) --
http://www.77nrg.com/-- provides wellsite services and equipment  
to U.S. land-based exploration and production customers.  SSE's
services include drilling, hydraulic fracturing and oilfield
rentals and its operations are geographically diversified across
many of the most active oil and natural gas plays in the onshore
U.S., including the Anadarko and Permian basins and the Eagle
Ford,
Haynesville, Marcellus, Niobrara and Utica shales.

Each of Seventy Seven Finance Inc., Seventy Seven Energy Inc.,
Seventy Seven Operating LLC, Great Plains Oilfield Rental, L.L.C.,
Seventy Seven Land Company LLC, Nomac Drilling, L.L.C.,
Performance
Technologies, L.L.C., PTL Prop Solutions, L.L.C., SSE Leasing LLC,
Keystone Rock & Excavation, L.L.C. and Western Wisconsin Sand
Company, LLC filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case Nos. 16-11409 to 16-11419,
respectively) on June 7, 2016.

The Debtors listed total assets of $1.77 billion and total
liabilities of $1.72 billion.

The Debtors have engaged Baker Botts LLP as general bankruptcy
counsel; Morris, Nichols, Arsht & Tunnell LLP as co-counsel;
Lazard
Freres & Co. LLC as investment banker; Alvarez & Marsal as
restructuring advisor; and Prime Clerk LLC as notice, claims and
balloting agent.

Judge Laurie Selber Silverstein is assigned to the cases.


SKAGIT GARDENS: Sterling Bank, Creditors Object to Sale Motion
--------------------------------------------------------------
Sterling National Bank and the Official Unsecured Creditors'
Committee, submitted to the U.S. Bankruptcy Court for the Western
District of Washington objections to Skagit Gardens, Inc., et al.'s
sale motion.

Sterling National Bank objects to the approval of any sale of
Sterling's collateral that does not result in Sterling's debt being
paid in full from the proceeds of that sale.

Sterling relates that an auction of certain of the Debtors' assets
was scheduled for June 29, 2016.  It further relates that it
appears that the amount of any cash bid allocated to Sterling's
collateral will be less than the amount of the debt secured by
Sterling's first-priority security interest in the collateral.

"The Debtors admit that their petitions and proposed Sale under
Chapter 11 are motivated by a desire to use the relief and
procedures available inside Chapter 11, specifically a sale free
and clear through a process measured in weeks, to create value in
excess of what could be achieved outside of Chapter 11 in a
negotiated sale or foreclosure.  The Sale would distribute
substantially all proceeds from the Sale to Sterling Bank and
BOTW... implying that their prepetition liens capture the entire
value of the Debtors' going-concern operations preserved and sold
through Chapter 11... the speed and terms of the proposed Sale (and
the Bidding Procedures) appear deliberately engineered to minimize
the concomitant procedures, protections, and transparency normally
afforded unsecured creditors in Chapter 11.  The Debtors assume
that no value from the Sale is available to general unsecured
creditors, while simultaneously insisting on a sale process that
would foreclose any meaningful opportunity for unsecured creditors
to investigate or challenge the Debtors' assumption or resulting
scheme of distributions proposed by the Sale Motion.  Meanwhile,
the Debtors will be left empty husks, leaving no possibility of any
reorganization and no possibility of providing unsecured creditors
with even the most remote potential source of remaining option or
future value.  Indeed, a sale on the terms proposed under the
Purchase Agreement and Sale Motion leave the Debtors no hope or
reasonable possibility of proposing a confirmable Chapter 11
plan... the proposed Sale amounts to a glorified foreclosure
auction conducted for the sole benefit of the Secured Lenders...
the Sale lacks the sound business justification required for
approval under Chapter 11," the Official Creditors' Committee
contends.

The Debtors' Motion is scheduled for hearing on July 6, 2016, at
9:30 a.m.

Sterling National Bank is represented by:

          Bradley R. Duncan, Esq.
          Joshua A. Rataezyk, Esq.
          HILLIS CLARK MARTIN & PETERSON P.S.
          1221 Second Avenue, Suite 500
          Seattle, WA 98101
          Telephone: (206)623-1745
          Facsimile: (206)623-7789
          E-mail: brad.duncan@hcmp.com
                  josh.rataezyk@hcmp.com

The Official Unsecured Creditors' Committee is represented by:

          Jack Cullen, Esq.
          FOSTER PEPPER PLLC
          1111 Third Avenue, Suite 3000
          Seattle, WA 98101
          Telephone: (206)447-4689
          Facsimile: (206)749-2001
          E-mail: jc@foster.com

                       About Skagit Gardens

Skagit Gardens Inc. and three affiliates filed Chapter 11 petitions
(Bankr. W.D. Wash. Lead Case No. 16-12879) on May 27,
2016.  The company is a wholesale nursery that grows two categories
of plants, finished plants and plugs/liners, each grown for
different types of customers.  The petitions were signed by Mark
Buchholz as president.

The Debtors listed total assets of $12.5 million and total
liabilities of $19.3 million.

The Debtors are represented by Bush Kornfeld LLP, in Seattle,
Washington, as counsel.

The cases are assigned to Judge Christopher M. Alston.


SKYLINE CORP: Scott Parkhurst Joins as National Sales Manager
-------------------------------------------------------------
Skyline Corporation disclosed that Scott Parkhurst has joined the
Company as its national sales manager.  Mr. Parkhurst will be
responsible for marketing initiatives, as well as sales strategy
and growth for the Corporation's 10 operating divisions.  Mr.
Parkhurst had previously worked for Skyline as a division sales
manager, and was employed by one of the nation's leading
manufacturers of recreation vehicles.

"I look forward to returning to the team at Skyline and building
upon the progress that is taking place.  Skyline's strong
traditional values will support our commitment to expand our
business nationwide and I am excited to be a part of all that is
happening at Skyline," said Scott Parkhurst.

"Scott has a great history in our industry and has been a
successful leader in developing sales strategies and delivering top
line results.  We are excited to have Scott join our team," said
Rich Florea, Skyline's president and chief executive officer.

In addition to the hiring of Mr. Parkhurst, the Corporation also
announced changes to its Loan and Security Agreement dated March
20, 2015, with First Business Capital Corp.  As a matter of
precaution, the Corporation sought and received amendments to
certain covenants under the Loan Agreement.  On June 28, 2016,
Sections 7.25 and 8.3 of the Loan Agreement were amended as
follows:

   * An increase in the capital expenditure limit for the fiscal
     year ended May 31, 2016, from $800,000 in the aggregate to
     $1,250,000 in the aggregate;

   * An increase in the capital expenditure limit for the fiscal
     year ending May 31, 2017, from $800,000 in the aggregate to
     $1,500,000 in the aggregate.  In the absence of any
     subsequent amendment, the capital expenditure limit for
     subsequent fiscal years shall remain at $800,000 in the
     aggregate per fiscal year; and

   * A covenant specifying that a monthly net loss in fiscal 2017
     not exceed $250,000 was increased to $500,000 for June 2016,
     $1,000,000 for July 2016, and $1,000,000 for December 2016.
     Such increases will be effective only for the months
     identified.  In the absence of any subsequent amendment, the
     maximum monthly net loss for all other months of fiscal year
     2017 and thereafter remain at $250,000.

The Loan Agreement and all other loan documentation related thereto
will remain in full force and effect in accordance with their
terms.

                     About Skyline Corp

Skyline Corporation was originally incorporated in Indiana in 1959,
as successor to a business founded in 1951.  Skyline Corporation
and its consolidated subsidiaries designs, produces and markets
manufactured housing, modular housing and park models to
independent dealers and manufactured housing communities located
throughout the United States and Canada.  Manufactured housing is
built to standards established by the U.S. Department of Housing
and Urban Development, modular homes are built according to state,
provincial or local building codes, and park models are built
according to specifications established by the American National
Standards Institute.

For the year ended May 31, 2015, the Company reported a net loss of
$10.41 million compared to a net loss of $11.9 million for the
year ended May 31, 2014.

As of Feb. 29, 2016, Skyline Corp had $50.5 million in total
assets, $26.7 million in total liabilities and $23.8 million in
total shareholders' equity.

Crowe Horwath LLP, in Fort Wayne, Indiana, issued a "going concern"
qualification on the consolidated financial statements for the year
ended May 31, 2015, citing that the Company has incurred recurring
operating losses and negative cash flows from operating activities.
The Company has a line of credit in place, however prospective
debt covenant violations may limit the Company's ability to access
these funds which would impact its liquidity.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


SNYDER & SCHNEIDER: Case Summary & 12 Unsecured Creditors
---------------------------------------------------------
Debtor: Snyder & Schneider Property Development, LLC
        200 Lake Front Drive, Suite 103
        Mineral, VA 23117

Case No.: 16-61362

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Western District of Virginia (Lynchburg)

Judge: Hon. Rebecca B. Connelly

Debtor's Counsel: Edward Gonzalez, Esq.
                  LAW OFFICE OF EDWARD GONZALEZ, PC
                  2405 I Street, N.W., Suite 1-A
                  Washington, DC 20037
                  Tel: 202-822-4970
                  E-mail: eg@money-law.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Jeff Snyder, manager.

A list of the Debtor's 12 largest unsecured creditors is available
for free at http://bankrupt.com/misc/vawb16-61362.pdf


SOFINTEK INC: Hires Mark E. Williams as Bankruptcy Counsel
----------------------------------------------------------
Sofintek Inc., seeks authorization from the U.S. Bankruptcy Court
for the District of Guam to employ The Law Office of Mark. E.
Williams as Counsel

The Debtor requires the Firm to:

     a. give legal advice with respect to the rights, powers,
obligations, and duties as the Debtor;

     b. identify and review of potential assets including causes of
action and non-litigation recoveries;

     c. advice concerning sales, leases and abandonment of assets
and related transaction work;  represent in anticipated ancillary
matters applicable to include adversary proceedings as related to
the filing of the petition herein;

     d. prepare and assist in the preparation of reports, accounts,
applications and orders;

     f. advice in operating the business of the estate concerning
the requirement of the bankruptcy code and rules relating to such
operations, including employee, vendor tenant issues and other
similar problems and general creditor inquiries;

     g. review issues pertaining to severance, retention, 401K
coverage, and continuation of pension plans;

     h. advice concerning the use of cash collateral, secured
claims, and loan documentation analysis;

     i. advice compliance with the plan confirmation order, related
orders and rules, disbursement and case closing activities, and
various post-petition and post confirmation matters.

The Firm will be paid at these hourly rate:

     Mark Williams                    $200

The Firm was given a retainer of $10,000.

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

Mark Williams of The Law Office of Mark. E. Williams, assured the
Court that the firm does not represent any interest adverse to the
Debtors and their estates.

The Firm may be reached at:

        Mark Williams, Esq.
        The Law Office of Mark. E. Williams, P.C.
        Suite 102, Bank Pacific Building
        166 West Marine Corps Drive
        Dededo, Guam 96929
        Telephone: 637-9620
        Facsimile: 637-9660

Sofintek Inc., d.b.a. Skydrenaline Zone, filed a Chapter 11
bankruptcy petition (Bankr. D. Guam Case No. 1:16-bk-00072) on June
24, 2016.


SONORAN DESERT: Case Summary & 3 Unsecured Creditors
----------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                        Case No.
      ------                                        --------
      Sonoran Desert Land Investors LLC             16-07659
      5515 E. Deer Valley Dr.
      Phoenix, AZ 85054

      Gray Phoenix Desert Ridge II LLC              16-07661
      5515 E. Deer Valley Dr.
      Phoenix, AZ 85054

      East of Epicenter LLC                         16-07660
      5515 E. Deer Valley Dr.
      Phoenix, AZ 85054

Type of Business: Single Asset Real Estate

Chapter 11 Petition Date: July 6, 2016

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

Judge: Hon. Daniel P. Collins (16-07659 and 16-07661)
       Hon.Eddward P. Ballinger Jr. (16-07660)

Debtors' Counsel: Anthony P. Cali, Esq.
                  STINSON LEONARD STREET, LLP
                  1850 N Central Ave, Ste 2100
                  Phoenix, AZ 85004
                  Tel: 602.212.8509
                  Fax: 602.586.5209
                  E-mail: anthony.cali@stinsonleonard.com

                    - and -

                  Thomas J. Salerno, Esq.
                  STINSON LEONARD STREET, LLP
                  1850 N Central Ave., Ste. 2100
                  Phoenix, AZ 85004
                  Tel: 602-212-8508
                  Fax: 602-240-6925
                  E-mail: thomas.salerno@stinsonleonard.com

                                        Estimated    Estimated
                                          Assets    Liabilities
                                       ----------   -----------
Sonoran Desert                         $50M-$100M    $10M-$50M
Gray Phoenix                           $10M-$50M     $10M-$50M
East of Epicenter                      $10M-$50M     $10M-$50M

The petition was signed by Bruce Gray, member.

List of Sonoran Desert's Three Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Cohen Kennedy                                           $173,194
Dowd & Quigley
2425 E. Camelback Rd.
Ste. 1100
Phoenix, AZ 85016

Kutak Rock LLP                                           $50,461
PO Box 30057
Omaha, NE
68103-1157

CT Corporation                       Trade Debt           $4,200
8020 Excelsior Dr.
Ste. 200
Madison, WI
53717-1998

List of East of Epicenter's Eight Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Bingham                                                 $553,760
Development LLC
3939 NW St. Helens Road
Portland, OR 97210

R.L. Harrison IP/EX LLC                                 $206,736
2805 Northwest 31st Avenue
Portland, OR 97210

GenFive Ventures IV LLC                                 $117,504
3939 NW St. Helens Rd.
Portland, OR 97210

Beus Gilbert PLLC                                        $95,118
701 N 44th St.
Phoenix, AZ 85008

Desert Ridge Community                                   $52,080
Association 9000
E. Pima Center Pkwy
Ste. 300
Scottsdale, AZ 85258

David Evans & Associates                                 $39,990
4600 E. Washington
St., Ste. 250
Phoenix, AZ 85034

Hilgart Wilson, LLC                                       $7,530
2141 E. Highland
Ave., Ste. 250
Phoenix, AZ 85016

Kutak Rock LLP                                            $4,623
PO Box 30057
Omaha, NE
68103-1157

List of Gray Phoenix's Largest Unsecured Creditor:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
CT Corporation                       Trade Debt           $4,200
8020 Excelsior Dr.
Ste. 200
Madison, WI
53717-1998


SOUTHERN SEASON: Hires Hutson and Northern Blue as Counsel
----------------------------------------------------------
Southern Season, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Middle District of North Carolina to employ Hutson
Law Office, P.A. and Northen Blue, LLP as Counsel.

The Debtor requires Hutson Law Office, P.A. and Northen Blue, LLP
to:

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

     b. assist the Debtor in the operation of its business,
including an evaluation of the desirability of the continuance of
such business, the ability and means by which some or all of the
assets could be refinanced or liquidated to generate cash for the
payment of such claims as may be allowed in this proceeding, and
any other matter relevant to the case or to the formulation of a
plan;

     c. assist the Debtor in the preparation and filing of all
necessary schedules, statements of financial affairs, reports, a
disclosure statement, and a plan;

     d. assist and advice the Debtor in the examination and
analysis of the conduct of the Debtor's affairs and the causes of
insolvency.

     e. assist and advise the Debtor with regard to communications
to the general creditor body regarding any matters of general
interest and any proposed plan of reorganization.

     f. prepare, review or analyze all applications, orders,
statements of operations, and schedules filed with the Court by the
Debtor or other third parties, give advice to the Debtor as to
their propriety, and after approval by the Debtor, consent to
Orders;

     g. perform other legal services as may be required and in the
interest of the Debtor, including but not limited to the
commencement and pursuit of such adversary proceedings as may be
authorized.

The total compensation to Bankruptcy Counsel by the Debtor for the
services rendered or to be rendered in connection with the case
will be such amounts as may be approved by the Court, and based
upon the customary hourly rates charged by members of the firms at
the time such services are rendered.

No compensation has been received by Bankruptcy Counsel from the
Debtor or any other person on said account, except as follows:

     a. Hutson Law Office, P.A. received an initial retainer from
the Debtor in the amount of $25,000, of which $7,920 has been
extended in payment of prepetition services and expenses or costs
advanced. The unexpended balance is held by Hutson Law Office, P.A.
as a security retainer for such post-petition fees and expenses as
may be allowed by the Court.

     b. Northen Blue, LLP received an initial retainer from the
Debtor in the amount of $25,000, of which $9.780 has been expended
in payment of prepetition services and expenses or costs advanced.
The unexpended balance is held by Northen Blue, LLP as a security
retainer for such post-petition fess and expenses as may be allowed
by the Court.

     c. The retainer deposits are and will be fully refundable to
the extent not used in payment of legals services provided to or
for the benefit of the Debtor.

John Paul H. Cournoyer of Northen Blue, LLP, along with Hutson Law
Office, P.A., represent no other entity in connection with the
case, represent or hold no interest adverse to the interest of the
estate with respect to the matters on which they are to be
employed, and are disinterested as that term is defined in 11
U.S.C. 101(14).

Bankruptcy Counsel can be reached at:

       Richard M. Hutson, II, Esq.
       Hutson Law Office,P.A.
       302 E. Pettigrew St., Suite B-206
       PO Drawer 2252-A
       Durham, NC 27702

            - and -

       John Paul H. Cournoyer, Esq.
       Northen Blue, LLP
       1414 Raleigh Road Suite 435
       Chapel Hill, NC 27517
       Tel: 919-968-4441
       E-mail: jpc@nbfirm.com

                    About Southern Season

Southern Season, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D.N.C. Case No. 16-80558) on June 24,
2016.  The petition was signed by Clay Hammer, CEO.  

The Debtor is represented by John Paul H. Cournoyer, Esq., at
Northen Blue, LLP, and Richard M. Hutson, II, Esq., at Hutson Law
Offices, P.A.  The case is assigned to Judge Benjamin A. Kahn.

At the time of the filing, the Debtor disclosed $9.82 million in
assets and $18.33 million in liabilities.


SPENDSMART NETWORKS: Amends Plazacorp Investments Promissory Note
-----------------------------------------------------------------
Spendsmart Networks, Inc., amended the Convertible Promissory Note
of holder Plazacorp Investments Limited as follows:

   -- the maturity date was extended to fifteen months;

   -- the conversion price was lowered to $0.15 per share; and

   -- the provision limiting the conversion price adjustment to
      that of the Series C Preferred Stock was removed.  

The Company also amended the warrant issued in conjunction with the
Convertible Promissory Note reducing the exercise price to $0.15
and issued a new warrant to purchase 100,001 shares of the
Company's common stock with a $0.15 exercise price and a three-year
expiration, according to a regulatory filing with the Securities
and Exchange Commission.

                     About SpendSmart Networks

SpendSmart Networks provides proprietary loyalty systems and a
suite of digital engagement and marketing services that help local
merchants build relationships with consumers and drive revenue.
These services are implemented and supported by a vast network of
certified digital marketing specialists, aka "Certified
Masterminds," who drive revenue and consumer relationships for
merchants via loyalty programs, mobile marketing and website
development.  Consumers' dollars go further when they spend it with
merchants in the SpendSmart network of merchants, as they receive
exclusive deals, earn rewards and ultimately build a connection
with their favorite merchants.

Spendsmart Networks reported a net loss of $11.9 million on $5.58
million of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.2 million on $4.03 million of total
revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, the Company had $3.31 million in total
assets, $7 million in total liabilities and a total stockholders'
deficit of $3.68 million.

EisnerAmper LLP, in Iselin, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has recurring losses
and has yet to establish a profitable operation and at December 31,
2015 has negative working capital and stockholders' deficit.  These
factors among others raise substantial doubt about its ability to
continue as a going concern.


SPORTS AUTHORITY: Hires BRG's Coulombe as CRO
---------------------------------------------
Sports Authority Holdings, Inc. and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the District of
Delaware to employ Mr. Stephen Coulombe of Berkeley Research Group,
LLC as their Chief Restructuring Officer, nunc pro tunc to May 24,
2016.

The Debtor requires Mr. Coulombe with the assistance of BRG to:

     a. consult with management of the Debtors, develop and
implement a chosen course of action to maximize proceeds form asset
sales and maximize recoveries to stakeholders;

     b. consult with the other advisors and the management team,
effectuate the wind down plan;

     c. develop and manage cash flow projections relating to
monetization of remaining assets managing wind down costs;

     d. assist the Debtors and their professionals in the process
to sell certain assets of the Debtors in order to realize its
highest possible value from such sales process;

     e. assist the Debtors and their professionals in the
evaluation of bids and expressions on interest in certain assets of
the Debtors and effectuation of such sale where appropriate and
practical under the circumstances;

     f. provide information deemed by the CRO to be reasonable and
relevant to stakeholders and consult with key constituents as
necessary including, but not limited to, the Term Loan Lenders and
the Committee;

     g. offer testimony, to the extent reasonably requested by the
Debtors, before the Court with respect to the services provided by
the CRO and the additional Personnel, and participate in
depositions, including by providing deposition testimony, related
thereto; and

     h. other services as mutually agreed upon by the CRO, BRG and
the Debtors.

Berkeley Research will be paid at these hourly rates:

      Managing Director            $725-$950
      Director                     $600-$825
      Professional Staff           $250-$625
      Support Staff                $125-$250

The fees for Mr. Coulombe's services as CRO will be in the amount
of $75,000 per month. This amount will be pro-rated as appropriate
for the start and end dates for Mr. Coulombe's services.

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

Stephen Coulombe, Managing Director of Berkeley Research Group,
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.

BRG may be reached at:

       Stephen Coulombe
       Berkeley Research Group, LLC
       2049 Century Park East, Suite 2525
       Century City, Ca 90067
       Mobile: 617.909.1189
       Direct: 310.449.4857
       Office: 510.285.3300
       E-mail: scoulombe@thinkbrg.com

                   About Sports Authority

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

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

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

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.


SPURLOW'S OUTDOOR: Hires Buddy D. Ford as Attorney
--------------------------------------------------
Spurlow's Outdoor Outfitters, LLC., seeks authorization from the
U.S. Bankruptcy Court for the Middle District of Florida to employ
Buddy D. Ford P.A. as Attorney.

The Debtor requires Buddy D. Ford P.A. to:

     a. analyze the financial situation, rendering advice and
assistance to the Debtor in determining whether to file a petition
under Title 11, United States Code;

     b. advise the Debtor with regard to the powers and duties of
the debtors and as Debtor-in-Possession in the continued operation
of the business and management of the property of the estate;

     c. prepare and file the petition, schedules of assets and
liabilities, statement of affairs, and other documents required by
the Court;

     d. represent the Debtor at the Section 341 Creditors'
meeting;

     e. give the Debtor legal advice with respect to its powers and
duties as Debtor and as Debtor-in-Possession in the continued
operation of its business and management of its properties; if
appropriate;

     f. advise the Debtor with respect to its responsibilites in
complying the United States Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     g. prepare, on behalf of the Debtor the necessary motions,
pleadings, applications, answers, orders, complaints, and other
legal papers and appear a hearings thereon;

     h. protect the interest of the Debtor an all matters pending
before the court;

      i. represent the Debtor in negotiation with its creditors in
the preparation of the Chapter 11 Plan; and

     j. perform all other legal services for the Debtors as
Debtor-in-Possession which may be necessary herein, and it is
necessary for Debtor as Debtor-in-Possession to employ this
attonrney for such professional services.

Buddy D. Ford P.A. will be paid at these hourly rates:

     Buddy D. Ford                          $425
     Senior Associate Attorneys             $375
     Junior Associate Attorneys             $300
     Senior Paralegal                       $150
     Junior Paralegal                       $100

Prior to the commencement of this case, the Debtor paid Buddy D.
Ford P.A. $500, on current basis, for services rendered and costs
incurred prior to commencement of this case with respect to prepare
the Petition for reorganization under Chapter 11 of the Code and
filing of all related initial pleadings to be filled in this case,
and pre-petition expenses in this case.

Prior to the commencement of this case the Debtor paid an advance
fee of $6,717 as follows:

     a. $500 pre-fling fee retainer
     b. $9,500 post filing fee/cost retainer
     c. $1,717 filing fee

Buddy D. Ford P.A. will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Buddy D. Ford P.A., assured the Court that the firm does not
represent any interest adverse to the Debtor and its estates.

Buddy D. Ford P.A. can be reached at:

       Buddy D. Ford, Esq
       Jonathan A. Semach, Esq.
       J. Ryan Yant, Esq.
       Buddy D. Ford P.A.
       115 North MacDill Avenue
       Tampa, FL 33609-1521
       Telephone: (813)877-4669
       Facsimile: (813)877-5543
       E-mail: buddy@tampaesq.com
               jonathan@tampaesq.com
               ryan@tampaesq.com
               all@tampaesq.com

Spurlow's Outdoor Outfitters, LLC filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 16-05463) on June 24, 2016,
listing under $1 million in both assets and liabilities.


ST. MICHAEL'S MEDICAL: Wants Plan Filing Deadline Moved to Dec. 2
-----------------------------------------------------------------
Saint Michael's Medical Center, Inc., and its affiliated debtors
ask the U.S. Bankruptcy Court for the District of New Jersey to
extend the exclusive right to: (i) file a plan for an additional
120 days, through and including Dec. 2, 2016, and (ii) solicit
acceptances of any plan for an additional 120 days, through and
including Jan. 31, 2017, without prejudice to seek further
extensions.

A hearing on the Debtors' request for is set for July 26, 2016, at
2:30 p.m. (prevailing Eastern Time).

During the first nine months of their Chapter 11 cases, the Debtors
focused primarily on selling substantially all of their assets to
maximize value for stakeholders.  In that regard, on Nov. 13, 2015,
the Court entered an Order Pursuant to 11 U.S.C. Sections 105(a),
363 and 365 (1) Authorizing the Debtors to sell substantially all
their assets free and clear of liens, claims, encumbrances, and
interests.  The sale order permitted the Debtors to sell
substantially all of their assets to Prime Healthcare Services -
St. Michael's, LLC, pursuant to that certain First Amended and
Restated Asset Purchase Agreement, dated Nov. 6, 2015, by and among
the Debtors and Prime.  The transaction closed on May 1, 2016.

In addition to consummating the transaction, the Debtors have taken
a number of critical steps to move these Chapter 11 cases forward
including, among other things: (i) entering into a global
resolution of these Chapter 11 cases with the Official Committee of
Unsecured Creditors and the Debtors' ultimate parent, Trinity
Health Corporation; (ii) entering into a settlement with the
Committee, The Bank of New York Mellon, on behalf of itself as
master trustee for, and on behalf of the holders of State Contract
Promissory Note, dated July 31, 2008, and the New Jersey Health
Care Facilities Financing Authority resolving all disputes between
and among the aforementioned parties as reflected in the adversary
proceeding pending against The Bank of New York Mellon, Adv. Pro.
No. 15-02113 (VFP); and (iii) addressing a multitude of creditor,
vendor and patient inquiries.

Although significant progress has been made toward drafting a plan
of liquidation, there is more that remains to be done.  Toward that
end, the Committee and its advisors have been given access to the
Debtors’ financial advisors and officers, and to substantial
information, in order to help the Committee evaluate the Debtors'
go-forward plan.  The Debtors seek to develop and propose a plan of
liquidation that will receive support from their various
constituencies.  Additional work and progress is necessary in
connection with the development of a plan.

The size and complexity of a debtor's case alone may constitute
cause for the extension of a debtor’s exclusive solicitation
period.  The Debtors say that their Chapter 11 cases are undeniably
large and elaborate, featuring multiple debtors several adversary
proceedings, regulatory issues and a complex capital structure.

The Debtors currently have sufficient liquidity to pay their
post-petition debts as they come due, which supports the granting
of an extension of the Debtors' Exclusive Periods, because it
suggests that an extension will not jeopardize the rights of
post-petition creditors and counterparties. The Debtors believe
they have sufficient liquidity to continue to meet their
administrative liabilities in these Chapter 11 cases.

The Debtors have begun to discuss the framework for a plan of
liquidation in these Chapter 11 cases.  The settlement with The
Bank of New York Mellon is a major step closer towards a consensual
plan of liquidation.  Once the Debtors have a better understanding
of the claims filed in these Chapter 11 cases, the Debtors will be
in a better position to determine whether a plan is achievable.

The Debtors' counsel can be reached at:

     Michael D. Sirota, Esq.
     Ryan T. Jareck, Esq.
     COLE SCHOTZ P.C.
     Court Plaza North
     25 Main Street
     P.O. Box 800
     Hackensack, New Jersey 07602-0800
     Tel: (201) 489-3000
     Fax: (201) 489-1536
     E-mail: msirota@coleschotz.com
             rjareck@coleschotz.com

             About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was
acquired from Cathedral Healthcare System Inc., a New Jersey
nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be
jointly administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as
claims and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.

United States Trustee Region 3, notified the United States
Bankruptcy Court for the District of New Jersey of the appointment
of Susan N. Goodman, RN JD, as patient care ombudsman in the
Chapter 11 case of Saint Michael's Medical Center, Inc., and its
debtor affiliates.

U.S. trustee for Region 3, appointed seven creditors of Saint
Michael's Medical Center Inc. and its affiliates to serve on the
official committee of unsecured creditors.   Andrew H. Sherman,
Esq., Boris I. Mankovetskiy, Esq., and Lucas F. Hammonds, Esq., at
Sills Cummis & Gross PC, represent the Committee.


STAGE PRESENCE: Unsecureds to Be Paid from TV, Litigation Proceeds
------------------------------------------------------------------
Stage Presence Incorporated revised its plan of reorganization and
accompanying disclosure statement to, among other things, provide
additional information regarding the treatment of general unsecured
creditors and pending adversary proceedings, which are potential
sources of funding for the plan.

Under the Second Amended Plan, each holder of Allowed Class 2
General Unsecured Claims shall -- in full satisfaction of their
claims -- receive:

     (1) their pro rata share of the proceeds of the Litigation
Fund, if any is generated;

     (2) their pro rata share of the Television Program Revenue;
and

     (3) their pro rata share of 50% of the Debtor's net income
generated by its post confirmation operations, payable in equal
quarterly installments for a period of the earlier of three years
following the Effective Date or such time when their Allowed claims
are paid, in full, from the Litigation Fund and/or the Television
Program Revenue.

One of the potential means of implementation of the Plan is the
recovery by the Debtors in the adversary proceeding captioned,
Stage Presence Incorporated v. Geneve International Trust, Ronald
L. Batholomew, Trustee, and Stephen Menner (Adversary Proceeding
Number 12-01561, which the Debtor commenced on July 16, 2012.  The
Arbitrator has determined that GIT was liable to the Debtor for
breach of contract, the amount of $487,061.  A judgment of the same
amount was entered by the Bankruptcy Court in July 2015.

Another potential means for the implementation of the Plan is the
recovery by the Debtor in its adversary proceeding entitled, Stage
Presence Incorporated and Allen Newman v. Geneve International
Corp., Ronald L. Bartholomew, Stephen Menner, Sara O'Meara, and
Yvonne Fedderson (Adv. Proc. No. 15-01415-MEW), which the Debtor
commenced on December 10, 2015.  This adversary proceeding remains
pending.

A redlined version of the Second Amended Disclosure Statement is
available at:

          http://bankrupt.com/misc/nysb12-10525-265.pdf

                      About Stage Presence

Stage Presence Incorporated filed a Chapter 11 petition (Bankr.
S.D.N.Y., Case No. 12-10525) on February 9, 2012.  The petition was
signed by Allen Newman, president.

The Debtor has tapped Shafferman & Feldman, LLP as its legal
counsel.

The Debtor estimated assets of $2,309,486 and debts of $1,373,349.

On March 27, 2012, the Office of the United States Trustee
appointed a Committee of Unsecured Creditors in this case.  The
members of the Committee are KZ Video Consultants, Inc. and Alan
Adelman.  On March 4, 2016, the Office of the United States Trustee
filed an Amended Appointment of a Committee of Unsecured Creditors
in this case, the members of which are KEnigma, Inc. and Alan
Adelman.  Neither the original Committee nor the Amended Committee
has retained counsel.


STEELCORE CAPITAL: Seeks to Hire DelBello as Legal Counsel
----------------------------------------------------------
SteelCore Capital Master Fund, L.P. and SteelCore Capital, LP seek
approval from the U.S. Bankruptcy Court for the Southern District
of New York to hire DelBello Donnellan Weingarten Wise &
Wiederkehr, LLP.

The firm will serve as the Debtors' legal counsel in connection
with their Chapter 11 cases.  The services to be provided by the
firm include:

     (a) advising the Debtors about their powers, duties and
         responsibilities;

     (b) negotiating with creditors to formulate a plan of
         reorganization;

     (c) preparing legal papers and appearing before the
         bankruptcy court;

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

     (e) advising the Debtors in connection with any potential
         refinancing of secured debt, if necessary, and any
         potential sale of their assets;

     (f) representing the Debtors in connection with obtaining
         post-petition financing; and

     (g) taking any necessary action to obtain approval of a
         disclosure statement and confirmation of a plan of
         reorganization.

The firm's professionals and their hourly rates are:

     Partners        $395 - $595
     Of Counsel             $375
     Associates             $250
     Paraprofessionals      $175

Jonathan Pasternak, Esq., at DelBello, 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:

     Jonathan S. Pasternak, Esq.
     Julie Cvek Curley, Esq.
     DelBello Donnellan Weingarten
     Wise & Wiederkehr, LLP
     One North Lexington Avenue, 11th Floor
     White Plains, NY 10601
     Tel: (914) 681-0200
     E-mail: jpasternak@ddw-law.com
             jcurley@ddw-law.com

                     About SteelCore Capital

SteelCore Capital Master Fund, L.P. and SteelCore Capital, LP
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D.N.Y Case Nos. 16-11936 and 16-11937) on July 5, 2016.  The
petition was signed by Joseph Stechler, managing member of
SteelCore Capital GP LLC, general partner.  

The case is assigned to Judge Mary Kay Vyskocil.

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


STRONGHOLD ASSET: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: Stronghold Asset Management Corp.
        23777 Mulholland Drive, Unit 185
        Calabasas, CA 91302

Case No.: 16-11961

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Central District of California (San Fernando Valley)

Judge: Hon. Maureen Tighe

Debtor's Counsel: Louis J Esbin, Esq.
                  LAW OFFICES OF LOUIS J. ESBIN
                  25129 The Old Road, Ste 114
                  Stevenson Ranch, CA 91381-2273
                  Tel: 661-254-5050
                  Fax: 661-254-5252
                  E-mail: Esbinlaw@sbcglobal.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Edward Akselrod, chief executive
officer.

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


SUPERIOR PLUS: DBRS Confirms BB(high) Issuer Rating
---------------------------------------------------
DBRS Limited confirmed the Issuer Rating and Senior Secured Notes
(the Notes) rating of Superior Plus LP (SP-LP or the Company) at BB
(high) as well as its Senior Unsecured Debenture rating at BB
(low). DBRS has also lowered the recovery rating for the Senior
Secured Notes to RR3 from RR2, although the action does not result
in any change in the rating on the Notes. All trends are Stable.
The ratings are removed from Under Review with Negative
Implications, placed on October 6, 2015. The publicly listed SP
Corporation Limited (SP-Corp) has no operating business other than
its ownership of SP-LP and relies solely on the Company's business
cash flows to support all consolidated debt. As such, DBRS
continues to evaluate SP-Corp’s consolidated financial metrics
and liquidity in its assessment of SP-LP’s financial risk.

The rating actions follow SP-Corp's announcement to terminate the
arrangement agreement to acquire all equity interests in Canexus
Corporation (Canexus). With the termination of the proposed
acquisition, SP-Corp’s financial metrics are not expected to
further weaken as a result of the proposed assumption of Canexus
debt to levels that DBRS considered to be weak for the ratings.
DBRS also expects SP-Corp to maintain its financial metrics in line
with its stated unadjusted debt-to-EBITDA target range of 3.0 times
(x) to 3.5x (3.4x for last 12 months (LTM) ended March 31, 2016).

The Stable trends on the ratings reflect DBRS's view that SP-LP’s
business risk profile has remained stable, notwithstanding specific
demand-side challenges. The Company's continued focus on efficiency
improvement as well as its leading market positions in propane
distribution under its Energy Services (ES) division and in
Specialty Chemicals (SC) production remain supportive of its
business risk profile. Partly offsetting these strengths are (1)
slow demand growth potential in its businesses and (2) exposure to
external factors beyond the Company’s control (winter
temperatures and product prices in ES, input costs and pulp mill
production in SC and housing markets in Construction Products
Distribution (CPD).

The Company's financial performances in 2015 and Q1 2016 were
mixed. Benefits from lower propane prices in ES were offset by
lower volume caused by mild winter temperatures and sluggish oil
and gas (O&G)-related industrial activities. SC's results were
adversely affected by weaker sodium chlorate volume caused by
certain pulp mill closures and by depressed prices of hydrochloric
acids resulting from a weak O&G sector and export demand. Instead,
CPD had a good year, supported by recovering housing markets in the
United States and continued cost-reduction efforts. Despite the
challenges, SP-Corp continued to reduce debt, causing debt metrics
to remain steady despite lower EBITDA and cash flows. Adjusted cash
flow-to-debt for the LTM ended March 31, 2016, was 19% and adjusted
debt-to-EBITDA was 3.9x, both virtually unchanged from their
respective levels in 2014 and consistent with the current ratings.

DBRS has noted SP-Corp's announcement on July 5, 2016, of a
definitive agreement to sell its CPD business to Foundation
Building Materials, LLC for USD 325 million (CPD sale), which is
expected to close before the end of 2016, subject to regulatory
approval. SP-Corp expects to use proceeds from the CPD sale to
reduce debt as well as to support expansion in ES and SC, with the
Company’s expectation that its unadjusted debt-to-EBITDA would
range between 2.0x and 2.5x. Although the range could reflect a
financial risk profile that is stronger than the current ratings,
DBRS has not factored this event into the rating and will assess
the impact of the CPD sale when there is more certainty regarding
the timing of the sale, eventual use of proceeds as well as
implications for post-sale EBITDA and cash flows.


SYNCARDIA SYSTEMS: Proposes Sindex-Led Auction on Aug. 19
---------------------------------------------------------
SynCardia Systems, Inc., asks the U.S. Bankruptcy Court for the
District of Delaware to approve bidding procedures relating to the
sale of its business to Sindex SSI Lending, LLC, or to the
successful bidder at the auction.

With the assistance of Canaccord Genuity Inc. and Olshan Frome
Wolosky, LLP and Ankura Consulting Group, LLC (formerly known as
MGBD, LLC), the Debtor extensively marketed its business
prepetition, but was unable to secure an offer from outside of its
capital structure.  The Debtor has, however, received a stalking
horse offer to purchase its business, for a combination of $150,000
in cash and a partial credit bid of $19,000,000, plus amounts owing
under the debtor in possession financing facility and the
assumption of certain liabilities from Sindex SSI Lending, LLC.

The Stalking Horse Purchaser is not an insider of the Debtor.

Under the Bidding Procedures, if approved by the Court, the Debtor
intends to solicit higher and better offers than the Staking Horse
Bid.

In addition to considering competing offers for the Assets related
to the Debtor's business, the Bidding Procedures will also permit
the Debtor to consider offers for Assets not being acquired by the
Stalking Horse Purchaser.

Because time is of the essence, the Debtor proposes scheduling a
hearing approving the Bidding Procedures on or prior to July 27,
2016, a submission deadline for qualified bids on or prior to
August 15, 2016 at 5:00 p.m. (Prevailing Eastern Time), an auction
for the sale of the Assets on or prior to Aug. 19, 2016, and a
hearing to approve the sale of the Assets on or before Aug. 22,
2016.

The Debtor may terminate the Stalking Horse APA to consummate an
Alternate Transaction entered into in accordance with the Bidding
Procedures Order, upon paying the Stalking Horse Purchaser a
break-up fee of 3% of the Purchase Price (the "Break-Up Fee").
In addition, if the Stalking Horse APA is terminated under certain
other circumstances, the Stalking Horse Purchaser may be entitled
to the reimbursement of its actual and reasonable expenses,
including attorney's fees, in an amount not to exceed $1,750,000.

                      About SynCardia Systems

SynCardia Systems, Inc., a privately-held company with global
headquarters and manufacturing in Tucson, Arizona, is focused on
developing, manufacturing and commercializing the SynCardia
temporary Total Artificial Heart, or TAH-t, an implantable system
designed to assume the full function of a failed human heart in
patients suffering from advanced heart failure.

SynCardia Systems sought Chapter 11 protection (Bankr. D. Del. Case
No. 16-11599) on July 1, 2016.

The Debtor tapped Olshan Frome Wolosky, LLP, as bankruptcy counsel;
Young, Conaway, Stargatt & Taylor, LLP as Delaware counsel; Stephen
Marotta of Ankura Consulting Group as restructuring advisor;
Canaccord Genuity, Inc., as investment banker; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

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


TALBOT ENTERPRISES: Exclusive Plan Filing Date Extended to Sept. 5
------------------------------------------------------------------
The Hon. Richard D. Taylor of the U.S. Bankruptcy Court for the
Eastern District of Arkansas has extended, at the behest of Talbot
Enterprises of Pine Bluff, Inc., the exclusive plan filing period
extended for 60 days to and including Sept. 5, 2016.

As reported by the Troubled Company Reporter on July 4, 2016, the
Debtor was required to file a Chapter 11 Plan and Disclosure
Statement by July 6, 2016.

Headquartered in White Hall, Arizona, Talbot Enterprises of Pine
Bluff, Inc., dba White Hall Store It All, filed for Chapter 11
bankruptcy protection (Bankr. E.D. Ark. Case No. 15-11195) on March
13, 2015, estimating its assets and liabilities at between $1
million and $10 million each.  The petition was signed by Beau
Talbot, president.

Judge Richard D. Taylor presides over the case.

J. Brad Moore, Esq., at Frederick S. Wetzel, III, P.A., serves as
the Debtor's bankruptcy counsel.


TC WESTSHORE: Taps Larson & Zirzow as Legal Counsel
---------------------------------------------------
TC Westshore, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Nevada to hire Larson & Zirzow, LLC as its legal
counsel.

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

     (a) prepare legal papers in connection with the
         administration of the Debtor's estate;

     (b) take all necessary actions in connection with a plan of
         reorganization;

     (c) take all necessary actions to protect and preserve the
         estate of Debtor, including the prosecution of actions on

         its behalf, the defense of any actions commenced against
         the Debtor, the negotiation of disputes, and the
         preparation of objections to claims.

The Debtor proposes to pay $450 per hour to Larson & Zirzow
shareholders, and $175 per hour to paraprofessionals.

Larson & Zirzow is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Larson & Zirzow, LLC
     Zachariah Larson
     Matthew C. Zirzow
     Shara L. Larson
     850 E. Bonneville Ave.
     Las Vegas, NV 89101
     Phone: (702) 382-1170
     Fax: (702) 382-1169
     E-mail: zlarson@lzlawnv.com
             mzirzow@lzlawnv.com
             slarson@lzlawnv.com

                        About TC Westshore

TC Westshore, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 16-13277) on June 15,
2016.  The petition was signed by Bobby Sabas, managing member.  

The case is assigned to Judge Laurel E. Davis.

At the time of the filing, the Debtor estimated its assets at $10
million to $50 million and liabilities at $0 to $50,000.


THOMPSON CREEK: S&P Puts 'CCC+' CCR on CreditWatch Positive
-----------------------------------------------------------
S&P Global Ratings said placed its ratings on Thompson Creek Metals
Co. Inc., including its 'CCC+' long-term corporate credit rating on
the company, on CreditWatch with positive implications.

"The CreditWatch placement follows the announcement that Centerra
Inc. will acquire Thompson Creek through a share exchange
transaction, and repay Thompson Creek's senior secured and
unsecured notes," said S&P Global Ratings credit analyst Jarrett
Bilous.

The CreditWatch placement follows the announcement that Centerra
Inc. (not rated) will acquire Thompson Creek through a share
exchange transaction, and repay Thompson Creek's senior secured and
unsecured notes.  The companies expect to close the transaction in
the fall of 2016 after customary regulatory and court approvals,
and after receiving approval by Thompson Creek's shareholders.  On
closing, S&P expects Centerra to redeem all of Thompson Creek's
secured and unsecured notes (about US$833 million of principal
value) at their call price plus accrued and unpaid interest with
cash on hand (combined cash balance of US$640 million at the end of
first-quarter 2016), proceeds from a subscription receipt offering
(C$170 million bought deal), and a new US$325 million secured
revolver-term loan.  In connection with the proposed transaction,
S&P expects Royal Gold Inc.'s 52.25% gold streaming interest at Mt
Milligan will be amended to a 35.00% gold stream and 18.75% copper
stream.

S&P considers this transaction to be positive to Thompson Creek's
credit profile as S&P would no longer consider the company's
capital structure unsustainable due to a lack of material debt
maturities starting next year.  In addition, S&P believes the
credit measures of the combined entities would be stronger than
stand-alone Thompson Creek primarily due to the planned reduction
in leverage.

S&P expects to resolve the CreditWatch when the companies close the
transaction, which is expected in the fall of September 2016. At
that time, S&P would expect to raise and subsequently withdraw our
long-term corporate and issue-level ratings on Thompson Creek,
based on S&P's view of the companies' combined business and
financial risk profiles and S&P's expectation that Thompson Creek's
notes outstanding will be redeemed.


TOOLING SCIENCE: Taps Larkin Hoffman as Legal Counsel
-----------------------------------------------------
Tooling Science, Inc. seeks approval from the U.S. Bankruptcy Court
for the District of Minnesota to hire Larkin Hoffman Daly &
Lindgren Ltd.

The Debtor tapped the firm to serve as its legal counsel in
connection with its Chapter 11 case.  Thomas Flynn, Esq., at Larkin
Hoffman, will be paid $400 per hour for his services.

In a court filing, Mr. Flynn disclosed that he and his firm do not
hold or represent any interest adverse to the Debtor.

The firm can be reached through:

     Thomas J. Flynn, Esq.
     Larkin Hoffman Daly & Lindgren Ltd.
     8300 Norman Center Dr, Ste 1000
     Bloomington, MN 55437
     Tel: 952-896-3362
     Email: tflynn@larkinhoffman.com

                        About Tooling Science

Tooling Science, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Minn. Case No. 16-41999) on June 30,
2016.  The petition was signed by Brian Burley, president.  

The case is assigned to Judge Hon. William J Fisher.

At the time of the filing, the Debtor estimated its assets at $0 to
$50,000 and liabilities at $1 million to $10 million.


TOTAL HOCKEY: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                    Case No.
      ------                                    --------
      Total Hockey, Inc.                        16-44815
         aka Total Hockey Training
         aka Total Lacrosse
         aka Total Goalie
         aka PB Team
         aka Red Tag
         aka Players Bench Corp.
      3120 Riverport Tech Center Drive
      Maryland Heights, MO 63043

      Player's Bench Corporation                16-44820
      Hipcheck, LLC                             16-44821

Type of Business: Retail

Chapter 11 Petition Date: July 6, 2016

Court: United States Bankruptcy Court
       Eastern District of Missouri (St. Louis)

Judge: Hon. Charles E. Rendlen III

Debtors' Counsel: Matthew S Layfield, Esq.
                  POLSINELLI PC
                  100 South Fourth Street, Suite 1000
                  St. Louis, MO 63102
                  Tel: 314-889-8000
                  Fax: 314-622-6798
                  E-mail: mlayfield@polsinelli.com

Debtors'          
Conflicts
Counsel:          SPENCER FANE LLP

Debtors'          
Financial
Advisor:          CLEAR THINKING GROUP LLC

Debtors'          
Claims &
Noticing
Agent:            RUST CONSULTING/OMNI Bankruptcy

                                         Estimated   Estimated
                                          Assets    Liabilities
                                         ---------  -----------
Total Hockey, Inc.                       $10M-$50M   $50M-$100M
Player's Bench                           $0-$50K     $0-$50K
Hipcheck, LLC                            $0-$50K     $0-$50K

The petition was signed by Lee A. Diercks, chief restructuring
officer.

List of Total Hockey's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Bauer Hockey, Inc.                      Trade        $13,829,485
3958 Collection Center Drive
Chicago, IL 60693
Eric Roman
Tel: (603) 430-2111
Eric.Roman@bauer.com

Reebok - CCM Hockey                     Trade         $7,264,425
P.O BOX 5219
New York, NY 10087-5219
Suzanne Gendron
Tel: 514-461-8192
Suzanne.Gendron@reebokccm.com

Warrior                                 Trade         $1,480,890
Hilldun Corporation
225 West 35th Street
New York, NY 10001
Andy Rymsha
Tel: 248-798-9810
andy.rymsha@warrior.com

Easton (Owned by Bauer)                  Trade        $1,283,260
PO Box 782148
Philadelphia, PA 19178-2148
Connie Ley
Tel: 514-671-7891
cley@eastonhockey.com

John Richard Boh                    Unsecured Notes   $1,058,833  
9407 South Dolton Wawy
Highlands Ranch , CO 80126
Rick Boh
Tel: 303-725-1596
rboh16@gmail.com

Sherwood Hockey                          Trade          $448,248
2747 Boul. Sherwood
Sherbrooke, Canada J1K1E1
Canada
Marie-Christine Cebrian
Tel: 819-563-2202
mccebrian@sher-wood.ca

STX Lacrosse                             Trade          $362,199
1500 Bush Street
Baltimore, MD 21230
Tammy Walters
Tel: 410-454-0110
tammyw@stx.com

United Parcel Freight Inc.               Trade          $349,536
UPS Supply Chain Solutions, Inc.
28013 Network Place
Chicago, IL 60673-1280
Chris Miller
Tel: 217-358-6441
cmiller1@ups.com

Vaughn Custom Sports                    Trade            $295,625
550 S. Glaspie Street
Oxford, MI 48371
Debbie Kubacki
Tel: (248) 969-8956
dkubacki@vaughnhockey.com

True Temper Sports, Inc.                Trade            $291,024
8275 Tournament DR #200
Memphis, TN 38125
Sherry McClure
Tel: 901-746-2029
Sherry.mcclure@truetemper.com

Maverick Lacrosse                       Trade            $288,831
PO Box 417210
Boston, MA 02241
Heather Zanatta
Tel: 315-233-6234
[Heather.Zanatta@Cascadelacrosse.com]

North American Tape, LLC                Trade            $286,993
22430 Fisher Road
Watertown, NY 13601
Alison Winn
Tel: 315-779-2822
alison.winn@northamericantapes.com

Brine, INC (Owned by Bauer)             Trade            $283,841
16151 Collections Center DR
Chicago, IL 60693
Andy Rymsha
Tel: 248-798-9810
andy.rymsha@warrior.com

Nike USA, Inc.                          Trade            $269,905
PO BOX 846066
Dallas, TX 75284-6066
Jesse Odom
Tel: 503-532-8132
Jesse.Udom@nike.com

Peony Apparel Inc.                      Trade            $211,923
9758 Klingerman St
15 EL Monte, CA 91731
Andrew Kha
Tel: 626-255-9974
andrewkha123@yahoo.com

Brians Custom Sports, LTD.              Trade            $193,184
karenm@briansmfg.com
  
Shock Doctor                            Trade            $180,918
tbrown@unitedspb.com

Cardinal Transportation Solutions LLC   Trade            $166,412
rclarkston@cardinaltransportationsol
utions.com

Cratex Container Corportion             Trade            $151,025
billb@cratexcorp.com

Revolution Marketing LLC                Trade            $150,810
jneal@revolutionworld.com


TOTAL HOCKEY: Files for Bankruptcy With Deal to Sell to TSG
-----------------------------------------------------------
Sporting goods retailer Total Hockey, Inc., which claims to have
experienced significant growth over the last decade, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code with the
goal of selling substantially all of its assets to TSG Enterprises,
LLC, absent higher and better offers at an auction on July 29,
2016.

TSG is the parent company for over 40 specialty sporting goods
stores and E-commerce businesses operating under the brands Pure
Hockey, Pure Goalie and Commonwealth Lacrosse.

Total Hockey's subsidiaries Player's Bench Corporation and Hipcheck
LLC also filed for bankruptcy.  Hipcheck is owned by Michael A.
Benoit & Katherine Benoit.

Formed in 1999 as a spin off from a local general sporting goods
company, the Debtors sell lacrosse and hockey equipment in 32
retail store locations and three distribution centers in 12 states
including Chicago, Minneapolis, Detroit, and Philadelphia.

According to Lee A. Diercks, chief restructuring officer of the
Debtors, the collapse of Easton Hockey (one of the industry's
largest vendor), the weakening of the Canadian dollar against the
US dollar and the record warm weather negatively impacted the
Debtors' liquidity in 2015.  As a result, comparable store sales
were off over 8% for the fourth quarter of 2015 and EBITDA for the
year was a sizeable negative.  To date, comparable store sales for
2016 are off approximately 5%.  Margin on the Debtors' sales
declined from 33% to 28%.

The Debtors' Term Loan Forbearance Agreement and Revolving Credit
Forbearance Agreement terminated on July 5, 2016, at which time
certain forbearance and lender fees became immediately due and
payable and default interest immediately began accruing.  As of the
Petition Date,  approximately $11.34 million was outstanding under
the 2015 Revolving Credit Facility and $5 million was outstanding
under the 2015 Term Loan Agreement, as disclosed in Court
documents.

As part of their turnaround efforts, the Debtors cut their
corporate staff by 20, turned away from television and print
marketing toward digital, renegotiated shipping contracts with UPS
and key vendors, and implemented a comprehensive store and
distribution centers labor model, in an effort to reduce annual
costs by approximately $2.5 million.

On July 5, 2016, the Debtors and TSG Enterprises, LLC and its
nominee TSG-TH Acquisition Co., LLC have entered into an asset
purchase agreement pursuant to which TSG agreed to purchase, as a
going concern, substantially all of the Debtors' assets for
approximately $22.5 million.  The sale will be subject to higher
and better offers at an auction proposed to be held on July 29,
2016.  The Stalking Horse Bidder has insisted upon a closing date
of  Aug. 5, 2016.

"Time is of the essence because any undue delay in a sale will
substantially damage the Debtors' business.  The Debtors have not
had sufficient funds to purchase needed inventory and fully stock
their stores.  Dropping inventory levels have in turn negatively
impacted the Debtors' cash flows, which make a lengthy
post-petition sale process untenable given the attendant chapter 11
administrative costs.  Falling inventory levels also erode the
value of the Assets which the Stalking Horse Bidder seeks to
purchase, which in turn may cause the Stalking Horse Bidder to be
unwilling to pay the proposed Purchase Price for the Assets," said
Mr. Diercks.

In the petition, the Debtors estimate assets in the range of $10
million to $50 million and liabilities of up to $100 million.  The
Debtors estimate that there is approximately $34 million of
unsecured debt as of the Petition Date owed trade vendors and
suppliers, landlords, tax authorities, customers, employees, etc.
The Debtors listed Bauer Hockey, Inc. as their largest unsecured
creditor holding a claim of $13.8 million.

To enable the Debtors to minimize the adverse effects of the
commencement of these cases, they have filed various first day
motions seeking authority to, among other things, pay employee
obligations, use existing cash management system, prohibit utility
providers from discontinuing services, and use cash collateral.

The Debtors have hired Polsinelli PC as bankruptcy counsel, Spencer
Fane LLP as conflicts counsel, Clear Thinking Group LLC as
financial advisor and Rust Consulting/Omni Bankruptcy as claims and
noticing agent.

The cases are pending joint administration before Judge Charles E.
Rendlen III in the U.S. Bankruptcy Court for the Eastern District
of Missouri, proposed Lead Case No. 16-44815.

The Debtors maintain headquarters in Maryland Heights, Missouri,
and operate e-commerce sites at http://www.totalhockey.com/,  
http://www.goalie.totalhockey.com/, and
http://www.lacrosse.totalhockey.com/.  In 2015, the Debtors
generated 27% of their total sales, or approximately $17 million,
through e-commerce.


TUSCANY ENERGY: Wants Plan Filing Period Moved to Sept. 7
---------------------------------------------------------
Tuscany Energy, LLC, asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend the exclusive solicitation
period by 60 days to through and including Sept. 7, 2016.

The current exclusive filing period expires on May 10, 2016, and
the Exclusive Solicitation Period expires on July 9, 2016.

Armstrong Bank, the Debtor's largest secured creditor, has filed a
motion to dismiss, or in the alternative, for abstention and motion
for relief from automatic stay or in the alternative, for adequate
protection.

On April 1, 2016, the Court entered an Order granting the Debtor
and Armstrong Bank's joint motion that inter alia set the deadline
for the Debtor to file a plan of reorganization and disclosure
statement as April 25, 2016, and canceled the hearing on the
Armstrong motions.

On April 25, 2016, the Debtor filed a Plan of Reorganization, and
Disclosure Statement for Debtor's Plan of Reorganization.

The Court referred various matters relating to the Debtor and
Armstrong Bank, including confirmation objections and the Armstrong
motions, to judicial settlement conference before Judge Cornish.

On June 28, 2016, the Debtor and Armstrong Bank attended a judicial
settlement conference before Judge Cornish. The parties have agreed
to continue judicial settlement conference to Aug. 1, 2016.

In order to minimize costs and preserve judicial resources, the
Debtor seeks additional time to attempt to resolve issues with
Armstrong Bank prior to pursuing approval of the Disclosure
Statement, and soliciting votes in favor of the Plan.  The Debtor
believes that any settlement reached with Armstrong Bank will
likely result in modifications or amendments to the Plan and
Disclosure Statement.

The Debtor is making post-petition payments and effectively
managing its operations.  By maintaining required post-petition
payment obligations, the Debtor is attempting to maximize
recoveries for the benefit of creditors.  The Debtor has been
providing payments consistent with the various cash collateral
orders that have been agreed to by Armstrong Bank.

The Debtor's counsel can be reached at:

     Bernice C. Lee, Esq.
     SHRAIBERG, FERRARA & LANDAU, P.A.
     2385 NW Executive Center Drive, No. 300
     Boca Raton, Florida 33431
     Tel: (561) 443-0800
     Fax: (561) 998-0047
     E-mail: blee@sfl-pa.com

Headquartered in Boca Raton, Florida, Tuscany Energy, LLC's primary
assets consist of lease rights for an estimated 68 producing wells,
12 temporarily shut down wells, 90 nonproducing wells, and 10
injection or disposal wells located in Lincoln, Creek, Okfuskee,
Payne and Pottawatomie counties in Oklahoma.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case No. 16-10398) on Jan. 11, 2016, estimating its assets at
between $100,000 and $500,000 and its liabilities at between $1
million and $10 million.  The petition was signed by Donald Sider,
manager.

Judge Erik P. Kimball presides over the case.

Bradley S Shraiberg, Esq., at Shraiberg, Ferrara, & Landau P.A.
serves as the Debtor's bankruptcy counsel.


VERTELLUS SPECIALTIES: $110-Mil. DIP Loan Has Final Approval
------------------------------------------------------------
Judge Christopher S. Sontchi of the U.S. Bankruptcy Court for the
District of Delaware issued a final order allowing Vertellus
Specialties Inc., et al., to obtain postpetition financing in the
form of a term loan facility in the aggregate principal amount of
$110 million, from the DIP Agent, Wilmington Trust, National
Association, and the lenders party thereto.

Judge Sontchi acknowledged that the Debtors have the need to obtain
the DIP Loans on a final basis and continue to use the Prepetition
Collateral in order to permit, among other things, the orderly
continuation of the operation of their businesses, to maintain
business relationships with employees, vendors, suppliers and
customers, to make payroll, to make capital expenditures, to
consummate the ABL Facility Payoff in accordance with the Payoff
Letter, to satisfy the costs of administration of the Chapter 11
Cases, and to provide for other working capital and operational
needs.  Judge Sontchi further acknowledged that the Debtors' use of
Cash Collateral alone would be insufficient to meet the Debtors'
cash disbursement needs during the pendency of the Chapter 11
cases.

Judge Sontchi held that unless all DIP Obligations have been
indefeasibly paid in full in cash and the Commitments have been
terminated, the following will constitute an event of default under
the DIP Facility:

   (a) any modifications, amendments or extensions of the Final
Order, and no such consent shall be implied by any action, inaction
or acquiescence by any party;

   (b) an order converting or dismissing any of the Chapter 11
cases;

   (c) an order appointing a chapter 11 trustee in any of the
Chapter 11 cases;

   (d) an order appointing an examiner with enlarged powers in any
of the Chapter 11 cases; or

   (e) the sale of all or substantially all of the assets of the
Loan Parties, which does not provide for the repayment in full in
cash of all DIP Obligations upon the consummation thereof.

A full-text copy of the Final Order, dated June 23, 2016, is
available at https://is.gd/7kcjM4

                   About Vertellus Specialties

Vertellus Specialties Inc. is a global specialty chemicals company
focused on the manufacture of ingredients used in pharmaceuticals,
personal care, nutrition, agriculture, and a host of other market
areas affected by trends favoring "green" technologies and
chemistries.

Headquartered in Indianapolis, Indiana, Vertellus Specialties Inc.
and several affiliates filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-11289 to 16-11299) on May
31, 2016.  Judge Christopher S. Sontchi presides over the case.

Stuart M. Brown, Esq., Kaitlin M. Edelman, Esq., Richard A.
Chesley, Esq., Daniel M. Simon, Esq., and David E. Avraham, Esq.,
at DLA Piper LLP (US) serve as the Debtors' bankruptcy counsel.

Jefferies LLC is the Debtors' investment banker.  Andrew Hinkelman
at FTI Consulting, Inc., is the Debtors' chief restructuring
officer.  Kurtzman Carson Consultants is the Debtors' claims and
noticing agent.

The Debtors estimated assets between $100 million and $500 million
and debt between $500 million and $1 billion.

The petitions were signed by Anne Frye, vice president, secretary
and general counsel.


W. F. JAMES: Seeks to Hire Katz Flatau as Legal Counsel
-------------------------------------------------------
W. F. James and Company, Inc. seeks approval from the U.S.
Bankruptcy Court for the Middle District of Georgia to hire Katz,
Flatau & Boyer, LLP as its legal counsel.

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

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

         as a debtor-in-possession;

     (b) prepare legal papers;

     (c) take all necessary actions to preserve and administer the

         Debtor's estate;

     (d) assist the Debtor in preparing and filing its statement
         of financial affairs and schedules;

     (e) take whatever action is necessary with reference to the
         use by the Debtor of its property pledged as collateral;
         and

     (f) prosecute claims asserted by the Debtor.

Wesley Boyer, Esq., at Katz Flatau, will be paid $325 per hour for
his services.

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

The firm can be reached through:

     Wesley J. Boyer, Esq.
     Katz, Flatau & Boyer, LLP
     355 Cotton Avenue
     Macon, GA 31201
     Tel: (478) 742-6481
     E-mail: Wes@WesleyJBoyer.com
             wjboyer_2000@yahoo.com

                  About W. F. James and Company

W. F. James and Company, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Ga. Case No. 16-51146) on June 7,
2016.


WARREN RESOURCES: Claims Bar Date Set for August 15
---------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas set
Aug. 15, 2016, as deadline for persons and entities to file proofs
of claim against Warren Resources Inc. and its debtor-affiliates.
Governmental units have until Dec. 1, 2016, to file their claims
against the Debtors.

Claims against a particular Debtor must be filed under the
appropriate case for that particular Debtor:

1) electronically on Epiq's website at http//dm.epiq11.com/WRE or

2) via hard copy at:

   a) if by first class mail:

      Warren Resources Inc.
      Claims Processing Center
      Epiq Bankruptcy Solutions LLC
      P.O. Box 4419
      Beaverton, OR 97076-4419

   b) if by hand-delivery or overnight mail:

      Warren Resources Inc.
      Claims Processing Center
      Epiq Bankruptcy Solutions LLC
      10300 SW Allen Blvd.
      Beaverton, OR 97005

                     About Warren Resources

Warren Resources Inc., is an independent energy company engaged in
the exploration, development and production of domestic onshore
crude oil and natural gas reserves.  It is primarily focused on the
development of its waterflood oil recovery properties in the
Wilmington field within the Los Angeles Basin of California, its
position in the Marcellus Shale gas in northeastern Pennsylvania
and its coalbed methane, or CBM, natural gas properties located in
Wyoming.

Warren Resources, Inc., Warren E&P, Inc., Warren Resources of
California, Inc., Warren Marcellus LLC, Warren Energy Services,
LLC, and Warren Management Corp. each filed a voluntary petition
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Proposed
Lead Case No. 16-32760) on June 2, 2016.  The Debtors listed total
assets of $230 million and total debt of $545 million.

The Debtors have hired Andrews Kurth LLP as counsel, Jefferies LLC
as investment banker, Deloitte Transactions and Business Analytics
LLP as restructuring advisor and Epiq Bankruptcy Solutions, LLC as
claims, balloting and noticing agent.

Judge Marvin Isgur has been assigned the cases.


WECHSLER & CO: Seeks Court OK of Intellicorp Debt Sale
------------------------------------------------------
Wechsler & Co., Inc., which received confirmation of its Chapter 11
plan in 2013, filed with the U.S. Bankruptcy Court for the U.S.
Bankruptcy Court for the Southern District of New York on July 1,
2016, a motion seeking approval of a private sale of its interest
in certain debt instruments in Intellicorp, Inc., to Intellicorp,
which would include the ancillary retention by the Debtor of its
equity interests in Intellicorp, free and clear of all liens,
claims, encumbrances and interests.

Since confirmation of the Debtor's Chapter 11 Plan, the Debtor has
made diligent efforts to realize a return on its investments,
namely its holdings in three illiquid private companies -- Rave,
LLC, Intellicorp, Inc. and Permlight, Inc. -- for the benefit of
its only two remaining creditors:

     1. the New York State Department of Taxation and Finance
("NYSDTF"), holding a secured claim (as of confirmation) in the
amount of $12,031,183.63; and

     2. the Internal Revenue Service ("IRS"), holding a priority
claim (as of confirmation) in the amount of $20,086,833.

As the Court is aware, the Debtor has already successfully
liquidated its holdings in Rave for in excess of $1 million.  The
Debtor's interests in Permlight have proven worthless, as Permlight
recently liquidated under a state court assignment for the benefit
of creditors which resulted in no return on the Debtor's interests.


As the Court is further aware, the Debtor attempted to previously
sell its interests in Intellicorp to CYB Master Fund, LLC ("CYB"),
an affiliate of the Debtor owned by the Debtor's principal.
However, after litigation was commenced by a receiver for CYB
challenging the sale, the deal with CYB was withdrawn before it
closed.  After the aborted sale, the Debtor went back to
Intellicorp, the only other available purchaser of the Debtor's
interests and negotiated the agreement.

Over the course of the past 2 months, the Debtor has negotiated an
agreement with Intellicorp whereby it would, inter alia, buy back
the Debtor's debt holdings in Intellicorp (the "Intellicorp Debt")
and the Debtor's equity interests in Intellicorp would re-vest in
the Debtor free and clear all liens, claims, encumbrances or any
obligation to sell or dispose of the Intellicorp Equity, in
exchange for a lump sum cash payment in the amount of $500,000.

By this Application, the Debtor seeks an Order from the Court
authorizing the sale of the Intellicorp Debt and Debtor's retention
of the Intellicorp Equity without any obligation to sell or dispose
of it, in both cases free and clear of all lien, claims,
encumbrances and interests pursuant to Section 363(b) and (f) of
the Bankruptcy Code.

Pursuant to the terms of the Plan, the Purchase Price, after the
payment of the Debtor's reasonable legal fees capped at $10,000,
shall be contributed to the Plan Distribution Fund and will be
distributed to NYSDTF (84.6%) and the IRS (15.4%).

                     About Wechsler & Co., Inc.

Mount Kisco, New York-based Wechsler & Co., Inc., is a private
investment firm that invests in both public and privately held
companies.  The Company filed for Chapter 11 protection (Bankr.
S.D.N.Y. Case No. 10-23719) on Aug. 18, 2010.  Jonathan S.
Pasternak, Esq., at Rattet, Pasternak & Gordon Oliver, LLP,
assists the Debtor in its restructuring effort.  The Debtor
estimated assets and debts at $10 million to $50 million as of the
Petition Date.

                           *     *     *

Judge Robert Drain of the U.S. Bankruptcy Court for the Southern
District of New York confirmed on May 2, 2013, the first amended
liquidating Chapter 11 plan of Wechsler & Co., Inc.  The Plan
provides for among other things, holders of the allowed secured and
priority tax claims of New York State Department of Taxation and
Finance ($12.0 million) will receive 84.6% of the "plan
distribution fund".  Holders of allowed unsecured claims, other
than NYSDTF, IRS and Norman Wechsler, will receive, in cash, 100%
together with interest at the applicable federal rate of interest
for the week ending during the week of the Effective Date, which
rate is based on a weekly average 1-year constant maturity Treasury
yield.  Norman Wechsler will retain his interests in the Debtor.


WELLS TRANSPORT: Hires Lefkovitz & Lefkovitz as Attorney
--------------------------------------------------------
Wells Transport, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Middle District of Tennessee to employ Lefkovitz &
Lefkovitz as Attorney for Debtor-in-Possession.

The Debtor requires Lefkovitz & Lefkovitz to:

     a. advise the Debtor as to his rights, duties and powers as
Debtor-in-Possession;

     b. prepare and file the statements, schedules, plans, and
other documents and pleadings necessary to be filed by the Debtor
in this proceeding;

     c. represent the Debtor at all hearings, meetings of
creditors, conferences trials and any other proceedings in this
case; and

     d. perform other legal services as may be necessary in
connection with this case.

Lefkovitz & Lefkovitz will be paid at these hourly rates:

      Steven L. Lefkovitz                   $485
      Associate Attorneys                   $350
      Paralegals                            $125

The Debtor agrees to pay Lefkovitz & Lefkovitz a retainer in the
amount of $6,500, which was paid by the All Amp Trust and signed by
Jamal L. Boykin, Trustee.

Steven L. Lefkovitz, Esq., of the law firm of Lefkovitz &
Lefkovitz, 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.

Wells Transport, Inc. may be reached at:

       Steven L. Lefkovitz
       Lefkovitz & Lefkovitz
       618 Church Street, Suite 410
       Nashville, TN 37219
       Tel: (615) 256-8300
       Fax: (615) 225-4516
       E-mail: slefkovitz@lefkovitz.com

              About Wells Transport, Inc.

Wells Transport, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Tenn. Case No. 16-04248) on June 13, 2016.  Hon.
Marian F. Harrison presides over the case.  The Law Offices of
Lefkovitz & Lefkovitz represents the Debtor as counsel.  In its
petition, the Debtor estimated $350,123 in assets and $1.20 million
in liabilities. The petition was signed by Frank Saleh, president.


WHITING PETROLEUM: Completes $1.1 Billion Notes Exchange
--------------------------------------------------------
On June 29, 2016 and July 1, 2016, Whiting Petroleum Corporation
completed the exchange of a total of approximately $1.1 billion
aggregate principal amount of its notes consisting of $687.9
million aggregate principal amount of its convertible notes for the
same aggregate principal amount of new mandatory convertible notes
and $404.8 million aggregate principal amount of its nonconvertible
notes for the same aggregate principal amount of new mandatory
convertible notes.

The New 2018 Notes were issued pursuant to the Subordinated
Indenture, dated as of March 23, 2016, among the Company, Whiting
Oil and Gas Corporation, Whiting US Holding Company, Whiting
Canadian Holding Company ULC, and Whiting Resources Corporation
and The Bank of New York Mellon Trust Company, N.A., as Trustee, as
amended and supplemented by the Second Supplemental Indenture,
dated as of July 1, 2016, among the Company, the Guarantors and the
Trustee relating to the New 2018 Notes.

The New 2019 Notes, New 2021 Notes and New 2023 Notes were issued
pursuant to the Senior Indenture, dated as of March 23, 2016, among
the Company, the Guarantors and the Trustee, as amended and
supplemented by the Fourth Supplemental Indenture, dated as of July
1, 2016, among the Company, the Guarantors and the Trustee relating
to the New 2019 Notes, the Fifth Supplemental Indenture, dated as
of July 1, 2016, among the Company, the Guarantors and the Trustee
relating to the New 2021 Notes, and the Sixth Supplemental
Indenture, dated as of July 1, 2016, among the Company, the
Guarantors and the Trustee relating to the New 2023 Notes.

The New 2020 Notes were issued pursuant to (i) the Indenture, dated
as of July 1, 2016, among the Company, the Guarantors and the
Trustee relating to the New 2020 Notes described as 1.25% Mandatory
Convertible Senior Notes due 2020, Series 1 and (ii) the Indenture,
dated as of June 29, 2016, among the Company, the Guarantors and
the Trustee relating to the New 2020 Notes described as 1.25%
Mandatory Convertible Senior Notes due 2020, Series 2.

The New Convertible Notes are fully and unconditionally guaranteed
by the Guarantors.

A full-text copy of the Form 8-K filing is available for free at:

                        https://is.gd/UpNEoM

                      About Whiting Petroleum

Whiting Petroleum Corporation is an independent oil and gas company
engaged in development, production, acquisition and exploration
activities primarily in the Rocky Mountains and Permian Basin
regions of the United States.

Whiting Petroleum reported a net loss available to common
shareholders of $2.21 billion on $2.05 billion of total revenues
and other income for the year ended Dec. 31, 2015, compared to net
income available to common shareholders of $64.80 million on $3.08
billion of total revenues and other income for the year ended
Dec. 31, 2014.


[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings
------------------------------------------------------------
Author:     Robert Sobel
Publisher:  Beard Books
Softcover:  240 pages
List Price: $34.95
Review by David Henderson

Order your personal copy today at http://is.gd/1GZnJk

The marvelous thing about capitalism is that you, too, can be a
Master of the Universe.  If you are of a certain age, you will
recall that is the name commandeered by Wall Street bond traders
in their Glory Days.  Being one is a lot like surfing: you have to
catch the crest of the wave just right or you get slammed into the
drink, and even the ride never lasts forever.  There are no
Endless Summers in the market.

This book is the behind-the-scenes story of the financial wizards
and bare-knuckled businessmen who created the conglomerates, the
glamorous multi-form companies that marked the high noon of post-
World War II American capitalism.  Covering the period from the
end of the war to 1983, the author explains why and how the
conglomerate movement originated, how it mushroomed, and what
caused its startling and rapid decline.  Business historian Robert
Sobel chronicles the rise and fall of the first Masters of the
Universe in the U.S. and describes how the era gave rise to a
cadre of imaginative, bold, and often ruthless entrepreneurs who
took advantage of a buoyant stock market to create giant
enterprises, often through the exchange of overvalued paper for
real assets.  He covers the likes of Royal Little (Textron), Text
Thornton (Litton Industries), James Ling (Ling-Temco-Vought),
Charles Bludhorn (Gulf & Western) and Harold Geneen (ITT).  This
is a good read to put the recent boom and bust in a better
perspective.

While these men had vastly different personalities and processes,
they had a few things in common: ambition, the ability to seize
opportunities that others were too risk-averse to take, willing
bankers, and the expansive markets of the 1960s.  There is
something about an expansive market that attracts and creates
Masters of the Universe.  The Greek called it hubris.

The author tells a good joke to illustrate the successes and
failures of the period.  It seems the young son of a
Conglomerateur brings home a stray mongrel dog.  His father asks,
"How much do you think it's worth?" To which the boy replies, "At
least $30,000." The father gently tries to explain the market for
mongrel dogs, but the boy is undeterred and the next afternoon
proudly announces that he has sold the dog for $50,000.  The
father is proudly flabbergasted,  "You mean you found some fool
with that much money who paid you for that dog?"  "Not exactly,"
the son replies, "I traded it for two $25,000 cats."

While it lasted, the conglomerate struggles were a great slugfest
to watch: the heads of giant corporations battling each other for
control of other corporations, and all of it free from the rubric
of "synergy."  Nobody could pretend there was any synergy between
U.S. Steel and Marathon Oil.  This was raw capitalist power at
work, not a bunch of fluffy dot.commies pretending to defy market
gravity.

History repeats itself, endlessly, because so few people study
history.  The stagflation of the 1970s devalued the stock of
conglomerates and made it useless a currency to keep the schemes
afloat.  The wave crashed and waiting on the horizon for the next
big wave: the LBO Masters of the 1980s.

Robert Sobel was born in 1931 and died in 1999.  He was a prolific
chronicler of American business life, writing or editing more than
50 books and hundreds of articles and corporate profiles.  He was
a professor of business history at Hofstra University for 43 years
and he a Ph.D. from NYU.


                            *********

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 ***