TCR_Public/160808.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, August 8, 2016, Vol. 20, No. 221

                            Headlines

2070 INC: UST Balks at Plan, Says Case Should Be in Chapter 7
21ST CENTURY: Obtains Extension of Default Waivers Until Aug. 8
401 PROPERTIES: Exit Plan to Pay Unsecured Creditors 1%
AEROPOSTALE INC: Plan Confirmation Hearing on Aug. 24
AFFORDABLE MED SCRUBS: Hearing Tuesday on 2nd Amended Disclosures

AGUA CALIENTE: Fitch Affirms 'BB' Issuer Default Rating
AKO INTERIOR: Unsecured Creditors to Get Up to 52.73% of Claims
ALAN MISHKIN: Committee Proposes Full Payment of Unsecured Claims
ALBERTSONS COS: Moody's Rates New $750MM Notes Offering B3
ALBERTSONS COS: S&P Assigns 'B+' Rating on $750MM Sr. Unsec. Notes

AMBASSADOR ENERGY: Unsecureds to Recover 100% Under Plan
ANTONIO GABRIEL: Disclosures OK'd; Plan Hearing Set for Sept. 7
ARGENTO LLC: Unsecureds to Be Paid in Full in 24 Months
BARRY CARAVAN: U.S. Trustee Objects to Disclosure Statement
BEAVER-VISITEC INT'L: Moody's Assigns B3 CFR, Outlook Stable

BEAVER-VISITEC: S&P Assigns 'B' CCR, Outlook Stable
BLUCORA INC: Egan-Jones Gives B- Sr. Unsecured Debt Ratings
BLYTH INC: Egan-Jones Withdraws B+ Sr. Unsec. Debt Rating
BOMBARDIER INC: Fitch Says Unsecured Recovery Prospects Average
C&J ENERGY: C&J EPSC Named as Foreign Rep for Mobile Data

CALAMP CORP: Egan-Jones Assigns BB- Sr. Unsecured Debt Ratings
CAPITAL GOLD: Egan-Jones Withdraws BB LC Sr. Unsec. Rating
CHARTER SCHOOL: U.S. Trustee Unable to Appoint Committee
CHRISTINE GOOD: Disclosure Statement Hearing on Sept. 13
CLAIRE'S STORES: Appoints Grant Thornton as Accountant

CLAUDETTE BREVITT-SCHOOP: Plan Confirmation Hearing on Sept. 28
CNO FINANCIAL: Fitch Puts 'BB+' Ratings on CreditWatch Negative
COATES INTERNATIONAL: CEO Buys Additional 279.5 Million Shares
COLLIER HILLS: Court to Take Up Exit Plan on Sept. 1
CONTINENTAL BUILDING: Moody's Assigns B1 Corporate Family Rating

CONTINENTAL BUILDING: S&P Rates Proposed Secured Facilities 'BB+'
COTT CORP: Planned Acquisition Deal Won't Change Moody's B2 Rating
CROFCHICK INC: Pa. Revenue Dep't. Opposes Approval of Plan Outline
CROSBY NATIONAL: Creditors to Receive $7.35MM Payment Under Plan
CUMULUS MEDIA: Posts $1.06 Million Net Income for Second Quarter

CUPEYVILLE SCHOOL: Unsecureds To Recoup 5% Under Plan
CYTORI THERAPEUTICS: Incurs $6.40 Million Net Loss in 2nd Quarter
D.J. SIMMONS: Plan to Pay Off Creditors in 7 Years
DELTROPICO DESIGNS: Unsecured Creditors to Get 50% Under Exit Plan
DETROIT PUBLIC SCHOOLS: S&P Lowers Rating on 2011 Bonds to BB

DISH NETWORK: Fitch Affirms 'BB-' IDR & Revises Outlook to Neg.
DONNA LEE RAGER: Plan Offers 26.5% Recovery to Unsec. Creditors
EDU-PRO MANAGEMENT: U.S. Trustee Unable to Appoint Committee
ELEPHANT TALK: In Talks with Lender on Refinancing Transaction
ELROY JOSEPH MILLER: Aug. 23 Hearing on Plan and Disclosures

ENDEAVOR ENERGY: S&P Raises Rating on Sr. Unsecured Debt to 'B-'
ETHAN LOCK: Files Plan to Exit Chapter Protection
EXELIXIS INC: Incurs $37.0 Million Net Loss in Second Quarter
EXELIXIS INC: May Issue 5.3 Million Shares Under Plans
EXPORTHER BONDED: Disclosure Statement Hearing Set for Aug. 31

FANNIE MAE: Reports Net Income of $2.94 Billion in Second Quarter
FIRST ONE HUNDRED: Files Full-Payment Plan
FIRSTENERGY NUCLEAR: S&P Lowers Rating on $46.3MM Bonds to BB+
FOODSERVICEWAREHOUSE.COM: Disclosure Approval Hearing on Aug. 31
FOREST PARK SOUTHLAKE: Hearing on Plan & Outline Set for Aug. 18

FRANK MOULTRIE: Disclosure Statement Hearing on Aug. 29
FUTURE HEALTHCARE: Incurs $49,000 Net Loss in Second Quarter
GAS-MART USA: Unsecureds to Get 0.62% Under Committee Plan
GASTAR EXPLORATION: Global Undervalued Holds 6.2% Stake
GENERAL COMMUNICATION: Egan-Jones Gives 'B' Sr. Unsecured Ratings

GENESIS HEALTHCARE: S&P Affirms and Withdraws CCR on Debt Repayment
GREAT BASIN: Extends Spring Forth Note Maturity to July 2017
GULF FINANCE: S&P Assigns 'B+' CCR, Outlook Stable
GULFCOAST SPECIALTY: Files Plan to Exit Chapter 11 Protection
HARBOR FREIGHT: S&P Affirms 'BB-' CCR, Outlook Stable

HARPER & ASSOCIATES: To Set Aside $30K to Pay Unsecured Creditors
HCSB FINANCIAL: Posts $9.91 Million Net Income for Second Quarter
HEARING HELP: Plan Outline Okayed, Confirmation Hearing on Aug. 31
HELIOS GINER: Unsecured Creditors to Recover 45% Under Plan
HIRAM COLLEGE: S&P Assigns BB Rating on 2015 Rev. Refunding Bonds

IAN CHAIT: Plan to Pay Off Creditors in Five Years
ICE THEATERS: Unsecured Creditors to Get 57% Under Plan
IHEARTCOMMUNICATIONS INC: Incurs $279 Million Net Loss in Q2
IMPAX LABORATORIES: Moody's Rates New Secured Credit Facility Ba2
INNOVATION VENTURES: S&P Raises CCR to 'B+', Outlook Stable

INTERLEUKIN GENETICS: Strengthens Leadership with Key Appointments
INVENTIV HEALTH: Obtains Significant Investment From Advent Int'l
INVENTIV HEALTH: To Hold Conference Call on August 12
IRENE STACY COMMUNITY: To Sell Real Estate to Fund Chapter 11 Plan
ISTAR INC: Posts $38.1 Million Net Income for Second Quarter

JAMES ROY COLEMAN: Hearing on Plan Outline Set For Aug. 31
JEANNIE LYNN KILE: Unsecureds to Recoup 100% Under Plan
JEFFREY DERSHEM: Files Plan to Exit Chapter 11 Protection
JHB ENTERPRISES: U.S. Trustee Unable to Appoint Committee
JILL MARIE MEEUWSEN-HOLMES: Unsecureds To Recover 100% Under Plan

JOHN R FRIEDENBERG: Hearing on Plan Outline Set for Sept. 20
JORGE E. RODRIGUEZ: Unsecured Creditors to Get 5% Under Plan
JOSEPH D. ROMANIELLO: Unsec. Claims to Be Paid in Ordinary Course
JOSEPH SATIRA: PNC Bank Opposes Approval of Plan Outline
JR BALL: Unsecured Creditors to Be Paid $30,000 Under Plan

JTM INVESTMENTS: Unsecured Creditors May Get $14K Under Exit Plan
JUAN CARLOS DEL CID: Plan Confirmation Hearing Set for Oct. 5
JUN KWOCK TOM: Plan Confirmation Hearing on Sept. 15
KARL STAUFFER: Court to Take Up Plan Outline on Sept. 7
KEMET CORP: Incurs $12.2 Million Net Loss in June 30 Quarter

KENNETH LEONARD DYMMEL: Court Approves Outline of Chapter 11 Plan
KEY ENERGY: Cancels Temporary Salary Reduction Program
KRISHNA ASSOCIATES: MidSouth Bank Objects to Disclosure Statement
LATTICE SEMICONDUCTOR: Egan-Jones Assigns CCC+ Sr. Unsec. Ratings
LAURENCE LUBIN: Files Plan to Exit Chapter 11 Protection

LDR INDUSTRIES: Unsecured Creditors to Get 13% to 23% Under Plan
LEGG MASON: S&P Assigns 'BB+' Rating on Proposed Jr. Sub. Notes
LEVERETT LLC: Plan Outline Okayed, Confirmation Hearing on Sept. 1
MARK CAREY COMEAUX: Unsecured Creditors to Get 14% Under Exit Plan
MBAC FERTILIZER: Files Application for Protection Under CCAA

MEDIMPACT HOLDINGS: S&P Rates Proposed $400MM Term Loan A 'BB-'
MEGA INC: Unsecured Creditors to Get 42.22% Under Exit Plan
MELENDEZ ENTERPRISES: Hires Miranda & Maldonado as Counsel
MERRIMACK PHARMACEUTICALS: Incurs $50.8 Million Net Loss in Q2
METER READINGS: S&P Assigns 'B' CCR & Rates $345MM Loan 'B'

MGIC INVESTMENT: Moody's Assigns Ba3 Rating on $350MM Sr. Notes
MGM RESORTS: Reports Second Quarter Financial Results
MGM RESORTS: S&P Raises CCR to 'BB-',  Off CreditWatch Positive
MICROSEMI COMMUNICATIONS: Egan-Jones Withdraws B Sr. Unsec. Rating
MID CITY TOWER: Hires Stewart Robbins as Attorney

MIDSTATES PETROLEUM: Unsecureds To Get 1.2% of New Common Stock
MIDWAY GOLD: Unsecureds to Get 15% to 30% Under Liquidating Plan
MOSAIC MANAGEMENT: Case Summary & 9 Unsecured Creditors
N.P.H.B. RESTAURANT: Involuntary Chapter 11 Case Summary
NANA DEVELOPMENT: S&P Lowers CCR to 'B-'; Outlook Negative

NATIONAL CERAMICS: Unsecured Creditors to Get 1% to 5% Under Plan
NATIONWIDE PARTS: Hires Mary Jo Rivero as Counsel
NAVISTAR INTERNATIONAL: To Present at Jefferies 2016 Conference
NEBLETT INC: Plan Outline Has Conditional OK, Hearing on Aug. 31
NET ELEMENT: Swaps $100,000 for 52,791 Common Shares

NEW YORK CRANE: Taps Robert Friedbauer as Accountant
NORTEK INC: Egan-Jones Assigns B- Sr. Unsecured Ratings
NORTHERN OIL: Announces 2016 Second Quarter Results
NORTHERN OIL: Incurs $109 Million Net Loss in Second Quarter
NORTHERN OIL: May Issue Add'l 1.6M Shares Under Incentive Plan

NUANCE COMMUNICATIONS: Egan-Jones Gives 'B' Sr. Unsecured Ratings
OASIS OUTSOURCING: S&P Affirms 'B' CCR on Acquisition & Refinancing
OATH CORPORATION: Hires Hammes as Attorney
OCI BEAUMONT: Moody's Cuts CFR to B2 & Alters Outlook to Negative
PAWZA LLC: Hires Jayson & Frisby as Accountant

PAWZA LLC: Hires William G. Harris as Counsel
PAYSON OPERATING: Trustee Hires Searcy & Searcy as Attorney
PICO HOLDINGS: UCP Reports Earnings, Kenneth Slepicka Resigns
PLUG POWER: Reports 2016 Second Quarter Results
PMA MEDICAL: Court to Take Up Exit Plan on August 31

PORTER BANCORP: Posts $1.01 Million Net Income for 2nd Quarter
PRESBYTERIAN RETIREMENT: Fitch Rates 2016A&B Revenue Bonds 'BB+'
PRIMESOURCE BUILDING: S&P Lowers Rating on $355MM Loan to 'B'
PRO-FIT DEVELOPMENT: Case Summary & 20 Top Unsecured Creditors
PROPETRO SERVICES: S&P Lowers CCR to CCC on Weak Drilling Activity

PROS HOLDINGS: Egan-Jones Assigns CCC Sr. Unsecured Ratings
PTC GROUP: S&P Lowers Corporate Credit Rating to 'D'
PUPI'S MANAGEMENT: Hires Bond Law as Chapter 11 Counsel
QUALITY DISTRIBUTION: Egan-Jones Withdraws B- Sr. Unsec. Rating
QUANTUM CORP: Incurs $3.79 Million Net Loss in June 30 Quarter

QUANTUM MATERIALS: Developing Nanomaterials for Oil Production
R & G FOOD SERVICES: Files Joint Chapter 11 Plan of Reorganization
RANCHO PALOMITA: Hearing on Plan Outline Approval on Sept. 20
RANGE RESOURCES: S&P Assigns 'BB+' Rating on Planned Sr. Notes
RAYMOND THEODORE POWERS: Sept. 14 Hearing on Disclosure Statement

RAYONIER ADVANCED: S&P Revises Outlook to Pos. & Affirms 'BB-' CCR
REALOGY HOLDINGS: Posts $92 Million Net Income for 2nd Quarter
RED MOUNTAIN: Has Exclusive Right to File Plan Thru Sept. 6
ROBERT GORDON: Unsecureds To Be Paid $6,000 Under Plan
ROYCE MCBRIDE: Unsecured Creditors to Get 5% Under Exit Plan

SAMUIL PREYS: Key Offers $100K for 3,000 Shares of Gasprom Stock
SANDRIDGE ENERGY: Court to Take Up Chapter 11 Plan on Aug. 9
SCIENTIFIC GAMES: Incurs $51.7 Million Net Loss in Second Quarter
SEANERGY MARITIME: Reports Recent Financing Agreements Developments
SEQUA CORP: Moody's Cuts Corporate Family Rating to 'Ca'

SERVICEMASTER CO: S&P Revises Outlook to Neg. & Affirms 'BB-' CCR
SHEPHERD AVE REALTY: Taps Vogel Bach as Counsel
SINOLA LLC: Proceeds from Avoidance Suits Earmarked for Unsecureds
SKYLINE CORP: Posts $1.67 Million Net Income for Fiscal 2016
SMALLVILLE PRESCHOOL: Plan and Disclosure Statement Due Sept. 13

SMILE ARTIST: Hires Fuqua as Bankruptcy Counsel
SOUTHCROSS ENERGY: Incurs $7.39 Million Net Loss in 2nd Quarter
SOUTHWESTERN ENERGY: Egan-Jones Cuts Sr. Unsec. Rating to B+
SPX FLOW: S&P Assigns 'BB' Rating on New $600MM Sr. Unsec. Notes
STEREOTAXIS INC: Common Stock Begins Trading on OTCQX

STEVE MURPHY: Liquidating Plan to Pay Creditors in Full
STW RESOURCES: Meeting to Form Creditors' Panel Set for Aug. 11
SUBASHINI DANIEL: Exit Plan to Pay Unsecured Creditors in Full
SUSQUEHANNA AREA RAA: Fitch Affirms 'BB+' Rating on $148MM Bonds
TAYLOR-WHARTON: Unsecured Creditors May Get 2% to 3% Under Plan

THERAPEUTICSMD INC: Incurs $21.1 Million Net Loss in 2nd Quarter
TIAT CORPORATION: Plan Sets Aside $168K for Unsecured Creditors
TIVO INC: Egan-Jones Gives BB+ Sr. Unsecured Ratings
TOTAL SLEEP MANAGEMENT: Disclosure Statement Hearing on Sept. 8
TRAVELPORT WORLDWIDE: Incurs $14.8M Net Loss in Second Quarter

TRIANGLE USA: Plan Support Agreement With Noteholders Denied
TRITON INT'L: S&P Assigns 'BB+' Corp. Credit Rating, Outlook Stable
TRUSLOW LLC: Hires Sherif Abdalla as Real Estate Agent
TTM TECHNOLOGIES: Egan-Jones Assigns B Sr. Unsecured Ratings
VANTAGE DRILLING: Moody's Assigns Caa3 CFR & Rates 1st Lien Loan B2

VERDE PORTAL: Files Plan to Exit Chapter 11 Protection
VEROS ENERGY: Unsecureds to Recoup 50% Under Plan
VINOD GOPAL PATEL: Exit Plan Proposes to Pay Claims in Full
VIVARO CORP: To Create Liquidating Trust for Unsecured Creditors
VOWS & VEILS: Hires Jones & Walden as Counsel

WARNER MUSIC: Incurs $9 Million Net Loss in Third Quarter
WARREN RESOURCES: Plan Confirmation Hearing Slated for September 14
WAYNE EARL DAHL: Files Plan to Exit Chapter 11 Protection
WENDY ROBERTS: Patient Care Ombudsman Files 19th Report
WENDY ROBERTS: Patient Care Ombudsman Files 20th Report

WEST CORP: Reports $33 Million Net Income in Second Quarter
WEST VIRGINIA HIGH: Voluntary Chapter 11 Case Summary
WHITESBURG REALTY: Files Plan to Exit Chapter 11 Protection
WIDEOPENWEST FINANCE: S&P Rates Proposed $2.065BB Term Loan 'B'
WILLIAM BEDDIE: Unsecured Creditors to Get 5% of Claims

WILLIAMS PARTNERS: S&P Affirms 'BB' Corporate Credit Rating
WOODLAWN LANDSCAPING: Unsecured Creditors to Get 45% Under Plan
WORSLEY ENTERPRISES: Voluntary Chapter 11 Case Summary
YH LIMITED: Seeks U.S. Recognition of UK Proceeding
[*] Chadbourne & Parke's Deutsch Joins Clifford Chance

[*] Fitch Says Brexit Vote Amplifies Existing Headwinds for Airline
[^] BOND PRICING: For the Week from August 1 to 5, 2016

                            *********

2070 INC: UST Balks at Plan, Says Case Should Be in Chapter 7
-------------------------------------------------------------
U.S. Trustee Judy A. Robbins asks the U.S. Bankruptcy Court for the
Eastern District of Virginia to deny approval of 2070, Inc.'s
Disclosure Statement.

A hearing to consider approval of the Disclosure Statement was set
for Aug. 2, 2016, at 11:00 a.m.

According to the U.S. Trustee, this case should not be in Chapter
11.  The Debtor, a restaurant, is no longer operating.  It has no
employees or income.  Funding for the proposed plan comes from two
sources, litigation and contributions from the Debtor's principal.


Both sources would be unaffected if the case was converted to
Chapter 7.  The Disclosure Statement lacks a reasonable
justification for remaining in Chapter 11.

Furthermore, according to the U.S. Trustee account reconciliation,
the Debtor owes $3,267.22 in U.S. Trustee fees.  Failure to pay
U.S. Trustee fees is cause to dismiss or convert case.  The
Disclosure Statement should not be approved.

According to the May 2016 monthly operating report:

     (A) the Debtor is no longer operating;
     (B) the Debtor borrowed money in May;
     (C) the Debtor has past due tax returns or post-petition tax
         obligations; and
     (D) the Debtor had no income for May 2016.

The unsecured creditors, Class 3, totaling $186,019, will receive
10% on their allowed claims over a period of sixty months from the
date of confirmation.  The Disclosure Statement states the
"Schedule F listed unsecured non-priority debt in the amount of
$425,838."  This discrepancy needs to be explained.

The plan is to be funded by in two ways, litigation and
contributions from the Debtor's principal.

2070, Inc., filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Va. Case No. 15-12417) on July 13, 2015.  John T. Donelan, Esq., at
the Law Office of John T. Donelan serves as the Debtor's bankruptcy
counsel.

The Debtor's bankruptcy counsel can be reached at:

      John T. Donelan, Esq.
      LAW OFFICE OF JOHN T. DONELAN
      125 South Royal Street
      Alexandria, VA 22314
      Tel: (703) 684-7555
      Fax: (703) 684-0981
      E-mail: donelanlaw@gmail.com


21ST CENTURY: Obtains Extension of Default Waivers Until Aug. 8
---------------------------------------------------------------
21st Century Oncology Holdings, Inc., entered into a Limited Waiver
with respect to the Credit Agreement, dated as of April 30, 2015,
among the Company, the Company's subsidiary, 21st Century Oncology,
Inc., the lenders party thereto from time to time, Morgan Stanley
Senior Funding, Inc., as administrative agent, and the other agents
and arrangers.

The Credit Agreement Waiver extends the waiver period for the
limited waivers dated as of June 10, 2016, to the Credit Agreement,
as previously disclosed in the Company's Current Report on Form 8-K
filed with the Securities and Exchange Commission on June 13, 2016.
The Credit Agreement Waiver waives through Aug. 8, 2016, any
default or event of default under the Credit Agreement for failure
to timely provide audited annual financial statements and related
reports and certificates for the year ended Dec. 31, 2015, and
quarterly financial statements and related reports and certificates
for the quarter ended March 31, 2016.  Additionally, the Credit
Agreement Waiver waives through Aug. 8, 2016, any cross-default
that may arise under the Credit Agreement as a result of a default
or event of default under 21C's Indenture, dated April 30, 2015,
among 21C, the guarantors named therein and Wilmington Trust,
National Association, as trustee, governing 21C's 11.00% Senior
Notes due 2023, which occurs as a result of the Company???s failure
to timely furnish to the Trustee and holders of the Notes or file
with the SEC the financial information required in an annual report
on Form 10-K for the year ended December 31, 2015 or in a quarterly
report on Form 10-Q for the quarter ended March 31, 2016.

                           Notes Waiver

On Aug. 1, 2016, 21C and the Guarantors reached an agreement with
holders of a majority of the aggregate principal amount of Notes
outstanding with respect to a new waiver period for the limited
waivers set forth in the Second Supplemental Indenture, dated
July 25, 2016, among 21C, the Guarantors and the Trustee, as
previously disclosed in the Company's Current Report on Form 8-K
filed with the SEC on July 28, 2016.  Pursuant to the Notes Waiver,
the parties thereto have agreed to treat certain defaults or events
of default under the Indenture for failure to timely furnish to the
Trustee and holders of the Notes or file with the SEC the SEC
Reports as waived through Aug. 8, 2016, for purposes of the
Indenture.  During the waiver period, 21C and the Guarantors have
agreed to continue to engage with the Consenting Holders in
discussions in good faith to reach agreement on the definitive
terms of a proposed amendment and supplement to the Indenture to
address long-term resolution of the foregoing defaults or events of
default under the Indenture. Following such agreement, 21C and the
Guarantors have agreed to work diligently and in good faith with
the Consenting Holders to cause the Trustee to execute and deliver
a supplemental indenture to the Indenture to implement the Proposed
Amendment.

                       About 21st Century

21st Century Oncology, Inc., formerly known as Radiation Therapy
Services, Inc. ("RTS") owns and operates radiation treatment
facilities in the US and Latin America.

As of Sept. 30, 2015, the Company had $1.09 billion in total
assets, $1.33 billion in total liabilities, $370 million in
series A convertible redeemable preferred stock, $19.9 million in
noncontrolling interests and a total deficit of $623 million.

                           *     *     *

As reported by the TCR on Feb. 27, 2015, Moody's Investors Service
upgraded 21st Century Oncology, Inc.'s Corporate Family Rating and
Probability of Default Rating to B3 and B3-PD, respectively.
The upgrade of the Corporate Family Rating to B3 and SGL to SGL-2
reflects the receipt of a $325 million preferred equity investment
from the Canada Pension Plan Investment Board and subsequent debt
reduction.

As reported by the TCR on May 20, 2016, S&P Global Ratings lowered
its corporate credit rating on 21st Century to 'CCC' from 'B-' and
placed the rating on CreditWatch with negative implications.


401 PROPERTIES: Exit Plan to Pay Unsecured Creditors 1%
-------------------------------------------------------
Unsecured creditors of 401 Properties Limited Partnership may
receive full payment of their claims under its proposed plan to
exit Chapter 11 protection, according to court filings.

401 Properties' restructuring plan proposes to pay in full Class 3
unsecured claims in the event the bankruptcy court approves a deal
resolving 330 South Wells, LLC's $6.7 million secured claim.  

Unsecured creditors will be paid on or before the effective date of
the plan with interest at the Illinois statutory interest rate of
9% per annum.

In the event the settlement is not approved, each Class 3 unsecured
creditor will recover 1% of its claim, according to 401 Properties'
disclosure statement filed with the U.S. Bankruptcy Court for the
Northern District of Illinois.

A copy of the disclosure statement is available for free at
https://is.gd/JpMyUr

401 Properties is represented by:

     Michael C. Moody, Esq.
     O'Rourke & Moody
     55West Wacker Drive, 14th Floor
     Chicago, Illinois 60601
     (312) 849-2020
     (312) 849-2021
     Email: firm@orourkeandmoody.com
     Email: mmoody@orourkeandmoody.com
     Email: morourke@orourkeandmoody.com

                       About 401 Properties

401 Properties Limited Partnership sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N. D. Ill. Case No. 14-44983) on
December 18, 2014.  The petition was signed by Michael B. Horrell,
authorized agent of general partner.  

The case is assigned to Judge Jacqueline P. Cox.

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

The Debtor's sole asset is an operating office building located at
401 South LaSalle Street, Chicago, Illinois.  The property is a 17
story multi-tenant commercial building located at the southeast
corner of LaSalle and Van Buren streets.


AEROPOSTALE INC: Plan Confirmation Hearing on Aug. 24
-----------------------------------------------------
Aeropostale, Inc., et al., on Aug. 24, 2016, will seek confirmation
from Judge Sean H. Lane of a Chapter 11 plan that provides that
proceeds from the sale transaction will be distributed to holders
of claims and interests in accordance with their relative priority
as set forth in the Bankruptcy Code.

According to the Second Amended Disclosure Statement for the
Amended Joint Plan of Reorganization, the projected recovery for
holders of $110 million to $340 million in general unsecured claims
is "unknown", as the distribution to unsecured creditors is
dependent on the amount of proceeds received from the sale
transactions entered into by the Debtors in accordance with the
Plan.

The Plan provides for the sale of substantially all of the Debtors'
assets pursuant to the terms of one or more asset purchase
agreements submitted at or prior to the bid deadline and
subsequently determined by the Debtors pursuant to the Bid
Procedures to be the highest or otherwise best offer for such
assets, subject to Bankruptcy Court approval of the Debtors' entry
into an alternative transaction with a potential plan sponsor in
connection with the auction.  The Debtors will be considering any
and all types of bids including going concern and GOB or
liquidation offers.

The proceeds from the Sale Transaction will be used in the first
instance to satisfy all DIP Claims, consistent with the Final DIP
Order, and then, to the extent available, to fund the ongoing
wind-down costs of the Chapter 11 cases and distributions under the
Plan.  The Debtors have certain unencumbered assets including the
proceeds of any avoidance actions, intercompany receivables from
Aeropostale Canada Corporation and Aeropostale Puerto Rico, Inc.,
and recoveries from certain other litigations of which the Debtors
are potential beneficiaries.  The Debtors estimate that the current
value of their unencumbered assets is approximately $11 million,
although it could be higher depending on the recoveries from any
causes of action, including avoidance actions. The Debtors estimate
that the ongoing wind-down costs of the Chapter 11 cases will range
from $10 million to $25 million depending on the exact nature of
the sale transaction.

The Debtors will seek confirmation of the Plan and pursue a sale
transaction in accordance with this timeline:

   * Deadline to file proposed Cure Costs: Aug. 1, 2016

   * Deadline to file Plan Supplement: Aug. 9, 2016

   * Deadline to file and serve notice regarding sale process
status update: Aug. 11, 2016

   * Deadline to file and serve any objection or response to the
Plan: Aug. 12, 2016 at 12:00 p.m. (prevailing Eastern Time)

   * Deadline to object to proposed Cure Costs: Aug. 12, 2016 at
12:00 p.m. (prevailing Eastern Time)

   * Potential Bidders to submit adequate assurance
Information: Aug. 15, 2016

   * Deadline to submit bids in connection with the Sale
Transaction: Aug. 18, 2016 at 5:00 p.m. (prevailing Eastern
Time)

   * Deadline to notify Qualified Bidders: Aug. 19, 2016 at 5:00
p.m. (prevailing Eastern Time)

   * Scheduled date and time for the auction, if necessary, in
connection with the Sale Transaction: Aug. 22, 2016 at 9:00 a.m.
(prevailing Eastern Time)

   * Deadline to file and serve second notice regarding sale
process status update: Aug. 22, 2016 at 6:00 p.m. (prevailing
Eastern Time)

   * Voting Deadline: Aug. 22, 2016 at 11:59 p.m. (prevailing
Eastern Time)

   * Deadline to object to proposed assumption and assignment of
executory contracts or unexpired leases: Aug. 23, 2016 at 12:00
p.m. (prevailing Eastern Time)

   * Scheduled date and time for the commencement of the hearing to
consider confirmation of the Plan including the approval of the
Sale Transaction: Aug. 24, 2016 at 11:00 a.m. (prevailing Eastern
Time)

A copy of the Second Amended Disclosure Statement for Amended Joint
Plan of Reorganization is available at:

    http://bankrupt.com/misc/Aeropostale_526_2nd_Am_DS.pdf

                     About Aeropostale Inc.

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

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

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

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

Judge Sean H. Lane is assigned to the cases.

The U.S. trustee for Region 2 on May 11, 2016, appointed seven
creditors of Aeropostale Inc. to serve on the official committee of
unsecured creditors.  The Committee hired Pachulski Stang Ziehl &
Jones LLP as counsel.

                           *     *     *

The Bankruptcy Court entered an order establishing (i) July 25,
2016 at 5:00 p.m. (Eastern Time) as the deadline for each person or
entity, not including governmental units to file proofs of claim in
respect of any prepetition claims against any of the Debtors, and
(ii) Oct. 31, 2016 at 5:00 p.m. (Eastern Time) as the deadline for
governmental units to file proofs of claim in respect of any
prepetition claims against any of the Debtors.


AFFORDABLE MED SCRUBS: Hearing Tuesday on 2nd Amended Disclosures
-----------------------------------------------------------------
Affordable Med Scrubs, LLC, on Aug. 9, 2016, will seek approval of
the disclosure statement explaining its Chapter 11 plan that will
be funded from the sale of the assets to a company formed by
Jeffrey Schottenstein.

According to its Second Amended Disclosure Statement dated July 29,
2016, the Plan provides that holders of general unsecured claims
and deficiency claims totaling $6.8 million will share pro rata
only $250,000 to be paid within one year of the Effective Date.

Specifically, the Plan provides that:

   * The secured claim of FirstMerit Bank, N.A., in the amount of
$1,400,000 will be paid in full.

   * The deficiency claim of FirstMerit of $3,208,370 will be paid
with $25,000 plus pro rata portion of the $250,000.

   * The secured claim of Business Financial Services, Inc. in the
amount of $972,642 will be paid a pro rata portion of the $250,000

   * The secured claim of Chase Bank in the amount of $6,500 is
unimpaired.

   * The secured Claim of Equity Management of $200,000 will
receive a pro rata portion of the $250,000.

   * General unsecured Claims in the amount of $2,488,423.28 will
receive a pro rata portion of $250,000

   * Equity holders won't receive anything.

The Debtor has executed an Asset Purchase Agreement with Jeffrey
Schottenstein, which if approved by the Court through the Plan,
will transfer free and clear of all liens, claims, encumbrances,
and interests substantially all of the assets of the Debtor to a
company formed by Mr. Schottenstein referred to herein as the New
Company.  The Debtor seeks authority in the Plan to consummate and
perform obligations included within the Schottenstein APA.

Pursuant to the Schottenstein APA, the Debtor intends to sell and
transfer to the New Company substantially all of the Debtor's
Assets.  All of the Debtor's Assets are being sold "where is, as
is".  In consideration for the sale and transfer of the Debtor's
Assets, the New Company promises:

   (a) Payment of $1.4 million by the New Company to the Debtor for
substantially all the Debtor's Assets;

   (b) New Company's agreement to provide adequate assurance and/or
guaranty for the New Company to obtain a revolving credit line of
at least $1 million post-sale;

   (c) Post-sale operation of the New Company as a going concern;

   (d) Assumption of the obligations of the Debtor to pay 100% of
the allowed, unpaid administrative expense Claims in the Debtor's
Bankruptcy Case;

   (e) Assumption of the obligations of the Debtor to pay 100% of
allowed, unpaid Priority Tax Claims in the Debtor's Bankruptcy
Case;

   (f) Assumption of the obligation of the Debtor to pay the
allowed claim of Chase Bank in the amount of $6,500 on the
Effective Date of the Debtor's bankruptcy Plan;

   (g) Assumption of the obligation of the Debtor to pay $25,000 to
FirstMerit Bank, N.A., on account of FirstMerit's deficiency claim
one year after the Effective Date of the Debtor's bankruptcy Plan;

   (h) Assumption of the obligation to administer (but expressly
not to assume or be obligated for, other than as agreed to in the
Plan and the Schottenstein APA) Claims filed in the Debtor's
bankruptcy, in the business judgment of the New Company, including
objections and distributions to allowed, unpaid Claims, following
the Effective Date of the Debtor's Plan;

   (i) Assumption of the obligation of reviewing and prosecuting,
in the business judgment of the New Company, Causes of Action
solely for the benefit of the New Company;

   (j) Assumption of the obligation to pay any and all fees and
expenses related to the administration of the Debtor's Chapter 11
Case, for up to one year, following the Effective Date of the
Debtor's bankruptcy Plan; and

   (k) Assumption of the responsibility and cost for up to one-year
of preparing quarterly reports to the U.S. Trustee's Office related
to the distribution of amounts set forth in the Debtor's bankruptcy
Plan.

The Debtor believes that the Schottenstein APA terms are reasonable
and is submitting such terms to this Court for approval because in
the Debtor's business judgment the Schottenstein APA terms are in
the best interest of all creditors.

The Debtor's Assets are primarily inventory, accounts receivable,
and cash.  The Debtor obtained an inventory appraisal from a third
party, Heritage Global Valuations, dated May 11, 2016, which
provided that a three-month liquidation would potentially provide
net proceeds of $996,766.  As of June 24, 2016, the book value of
Debtor's accounts receivable was $690,579; assuming 50% recovery,
the estimated gross recovery is $345,290, for a combined estimated
liquidation value of $1,342,056 for inventory and accounts
receivable.

Pursuant to a Chapter 7 Liquidation Analysis, if the Debtor's
Assets are liquidated, it is anticipated that FirstMerit would be
the only creditor to receive a distribution and that, net of
liquidation expenses, such distribution would likely not exceed
$1,180,667.

The Debtor has proposed bid procedures allowing other bidders to
submit higher and better bids.

A copy of the Second Amended Disclosure Statement filed July 29,
2016, is available at:

   http://bankrupt.com/misc/Affordable_Med_298_2nd_Am_DS.pdf

                    About Affordable Med Scrubs

Lima, Ohio-based Affordable Med Scrubs, LLC --
http://www.amsuniforms.com/-- supplies a broad mix of garments,  
bags, instruments, and accessories for the education and career
college markets, including medical scrubs, lab coats, chef's
apparel, nursing uniforms, veterinary work wear, and emergency
medical garments. The Debtor also provides customized kitting
services specifically designed to meet the unique requirements
needed for training aspiring career professionals.  The Debtor is
privately owned.  The Debtor also operates under the trade name AMS
Uniforms.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ohio Case No. 15-33448) on Oct. 24, 2015.  The
petition was signed by Robert Zubrow, president.

The Debtor is represented by James M. Perlman, Esq.  The case is
assigned to Judge Mary Ann Whipple.  

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


AGUA CALIENTE: Fitch Affirms 'BB' Issuer Default Rating
-------------------------------------------------------
Fitch Ratings has affirmed the Agua Caliente Band of Cahuilla
Indians' (Agua) Issuer Default Rating (IDR) at 'BB'. Fitch has also
affirmed Agua Caliente's gaming revenue bonds at 'BB+/RR2'. The
Rating Outlook has been revised to Positive from Stable.

KEY RATING DRIVERS

The Positive Outlook reflects Agua's strong credit metrics for the
'BB' IDR level, but recognizes the uncertainty surrounding
potential expansion.

Agua has de-levered over the last five years primarily through
amortization. Agua's leverage and debt service coverage are 1.3x
and 3.2x, respectively, for the LTM period ending March 31, 2016.
For fiscal year 2017 (ending Sept. 30), Fitch forecasts leverage to
improve towards 1x and debt service coverage to rise above 4x.

Potential expansion remains a credit risk as the tribe is
interested in developing the site where the Spa Resort Hotel was
torn down, although the size and timing of any project remains
unknown. The tribe's compact also permits a third casino. A
large-scale, debt-funded expansion could slow the upward rating
momentum to the extent Agua's credit profile materially worsens.
Fitch will be more comfortable considering an upgrade of Agua's IDR
to 'BB+' when there is more clarity that any future development
would not materially impact Agua's credit profile.

Operating fundamentals continue to be healthy and the impact from
the Spa Resort Hotel closure in 2014 has stabilized. Fitch expects
Agua Caliente's operating performance to remain stable, supported
by continued improvement in the employment and real estate markets
in its primary Inland Empire market. The unemployment rate in the
Riverside-San Bernardino metro area has recovered since the
recession, declining to 5.3% as of May 2016 from the peak level of
around 14% reached in 2010.

The rating reflects Fitch's comfort with the tribe's commitment
towards prudent tribal financial policies. Management has been able
to maintain and grow reserves since 2011 thanks to prior reductions
in per capita payments and the recent declines in annual debt
service. Fitch is unable to verify the tribal reserves since the
tribe does not share its governmental financials and Fitch views
this lack of disclosure as a credit negative.

KEY ASSUMPTIONS

Fitch's expectations are based on the agency's internally produced,
conservative rating case forecasts. They do not represent the
forecasts of rated issuers individually or in aggregate. Key Fitch
forecast assumptions include:

-- Low single digit revenue growth and steady EBITDA margins for
    the forecast period due to continued recovery and strength in
    the local area economy.

-- Tribal distribution and casino maintenance capital expenditure

    levels consistent with the past few years.

-- Debt paydown follows the enterprise notes' amortization
    schedule. Fitch assumes additional debt for a new hotel at Spa

    Resort Casino.

RATING SENSITIVITIES

Positive: Future developments that may, individually or
collectively, lead to positive rating action include:

-- Increased clarity around future expansion projects such that
    Fitch gains more confidence that credit metrics will not
    materially deteriorate;

-- Maximum annual debt service (MADS) coverage remaining adequate

    to allow the tribe to maintain or grow cash reserves;

-- Debt/EBITDA levels remaining below 1.5x;

-- Increased disclosure of the tribe's financials;

-- Continued improvement in the operating environment.

Negative: Future developments that may, individually or
collectively, lead to negative rating action include:

-- MADS coverage falling below the 2.5x or debt/EBITDA levels
    moving towards 3.0x;

-- Undertaking of a large scale project or sharp operating
    declines leading to sizable deterioration in the credit
    metrics;

-- Tribe straying away from prudent fiscal practices (i.e.
    depleting reserves).

LIQUIDITY AND DEBT STRUCTURE

Cash at the casinos just meets cage cash and day-to-day operating
needs with the bulk of the tribe's cash kept at the governmental
level. Fitch believes that the tribe's reserves remain sizable but
is not able to verify. The tribe does not have access to external
liquidity, such as a revolving credit facility.

All of Agua Caliente's debt is pari passu with respect to
bondholders' security interest in the cash flows of the tribe's
casino gaming operations. The 2003 bonds have the benefit of a
fully funded trustee held debt service reserve fund. There are also
reserve accounts established for the 2006 and 2007 notes, but the
tribe can access these funds between quarterly deficiency test
dates. Notable covenants include a financial maintenance coverage
covenant of 2.0x MADS and an additional debt test limiting debt
issuance if pro forma MADS coverage is less than 2.25x or leverage
exceeds 3.0x.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Agua Caliente Band of Cahuilla Indians

-- Long-term IDR at 'BB'; Outlook revised to Positive from
    Stable;
-- Senior secured notes due 2016 and 2021 at 'BB+/RR2';
-- Revenue bonds due 2018 at 'BB+/RR2'.


AKO INTERIOR: Unsecured Creditors to Get Up to 52.73% of Claims
---------------------------------------------------------------
General unsecured creditors of AKO Interior LLC will get 26.36% to
52.73% of their claims, according to the latest disclosure
statement detailing the company's Chapter 11 plan of
reorganization.  

Under the proposed plan, Class 1 general unsecured creditors will
get between 26.36% and 52.73% of their claims depending on how much
the company's three shareholders will contribute to pay the claims.
  These creditors assert a total of $113,780 in claims.

Alexander Epelbaum, Rostislav Korol and Alexander Marmut will
contribute personal funds to pay Class 1 claims to confirm the
plan, which constitutes new value, in order to retain their equity
interests in the company, according to the company's disclosure
statement filed with the U.S. Bankruptcy Court for the Eastern
District of New York.

A copy of the disclosure statement is available for free at
https://is.gd/6wAf5b

                        About AKO Interior
  
AKO Interior LLC filed a Chapter 11 Petition on May 13, 2015
(Bankr. E.D.N.Y. Case No. 15-42216), and is represented by Alla
Kachan, Esq.


ALAN MISHKIN: Committee Proposes Full Payment of Unsecured Claims
-----------------------------------------------------------------
Unsecured creditors will receive full payment of their claims under
a restructuring plan proposed by the official committee of
unsecured creditors appointed in Alan Mishkin's Chapter 11 case.

Under the plan, unsecured claims will be paid in full from the
proceeds of the sale of Mr. Mishkin's membership interests in 10K,
LLC and McWin, LLC.  Unsecured creditors will receive cash payment
within 30 days of the closing of the sale.

All unsecured creditors are classified in Class 3 and will receive
same treatment, according to the committee's disclosure statement
filed with the U.S. Bankruptcy Court for the District of Arizona.

A copy of the disclosure statement is available for free at
https://is.gd/6siavq

In a related development, the court is set to hold a hearing on
August 23 to consider approval of the disclosure statement
detailing the Chapter 11 reorganization plan proposed by Mr.
Mishkin.

The case is In re Alan R. Mishkin (Bankr. D. Ariz. Case No.
15-15440) filed Dec. 7, 2015.


ALBERTSONS COS: Moody's Rates New $750MM Notes Offering B3
----------------------------------------------------------
Moody's Investors Service assigned a B3 rating to Albertsons
Companies LLC's proposed offering of $750 million senior unsecured
guaranteed notes. The B3 rating on the company's existing senior
unsecured guaranteed notes and Safeway legacy notes as well as the
Ba2 rating on its existing senior secured term loans are unchanged.
The rating outlook remains stable.

Albertsons intends to use proceeds from the notes offering to
partially prepay its senior secured term loan due 2023 and repay
borrowings under its revolving credit facility. Ratings are
contingent upon satisfactory review of final documentation.

The following ratings were assigned:

Proposed $750 million senior unsecured guaranteed notes maturing
2025 at B3 (LGD5)

RATINGS RATIONALE

The B1 Corporate Family Rating of Albertsons Companies, LLC
reflects the company's very good liquidity, its sizable scale and
its well established regional brands. Although the company has
outperformed expectations, its credit metrics remain weak with debt
to EBITDA adjusted for leases and pension liabilities at about 7.5
times at the end of fiscal 2015. However, we expect momentum in
same store sales growth and cost efficiencies to continue to boost
profitability resulting in improved credit metrics with debt to
EBITDA expected to be approach 6.0 times in the next 12-18 months,
Moody's said.

Management has vast experience in the food retailing space and has
demonstrated its ability to turnaround underperforming assets and
the ratings reflect Moody's expectation that operating performance
of all banners will continue to improve as price investments lead
to increased traffic and volume. The initiatives undertaken by
management have already proven successful in stabilizing and
improving the operating performance of the company's stores. In
2015 identical store sales grew 4.8% for the consolidated company
and identical store sales growth has been positive for the last 12
quarters. Operating efficiencies and strategic initiatives to
minimize costs are also expected to reduce expenses and improve
cash flow generation and enhance profitability with the company
using excess free cash flow to pay down debt. Realized synergies
for fiscal 2015 have exceeded expectations by about 30% and the
company has realized $336 million of non-core asset sales and is on
track to realize additional proceeds to be used to reduce debt in
2016. Integration and execution challenges related to the Safeway
acquisition, coupled with a high debt burden and risk associated
with ownership by a financial sponsor, remain major risks for the
company.

Although the new senior unsecured notes will be guaranteed by all
wholly owned subsidiaries of Albertsons and therefore will be
structurally senior to the Safeway legacy notes their B3 rating is
the same as the Safeway legacy notes. This reflects the significant
amount of senior capital ahead of these notes. The proposed notes
will be junior to the $4 billion ABL (which had a borrowing base of
about $3.65 billion at June 18, 2016), about $6 billion in senior
secured term loans (after the proposed prepayment) and a
significant amount of senior priority trade payables in Moody's
Loss Given Default model. The Safeway legacy notes along with the
$1,776 million unsecured New Albertsons Inc. notes (unrated) are
unsecured and non-guaranteed and therefore the junior most debt in
the capital structure.

The company's stable rating outlook incorporates Moody's
expectation that identical store sales will continue to be positive
and EBIT margins will continue to improve and the company's credit
metrics will improve through increased EBITDA generation and debt
prepayments.

Ratings could be upgraded if debt/EBITDA approaches 5.0 times,
EBIT/interest is sustained above 1.75 times, financial policies
remain benign and liquidity remains very good.

Ratings could be downgraded if debt/EBITDA is sustained above 6.25
times or EBIT/interest is sustained below 1.5 times. Ratings could
also be downgraded if financial policies become aggressive or if
liquidity deteriorates or if the integration of the acquired
Safeway stores does not result in expected synergies and
improvement in overall profitability of the combined company.

Albertsons Companies, LLC is owned by a consortium led by Cerberus
Capital Management and is the parent of Safeway Inc., Albertson's
LLC and New Albertsons Inc. The combined company operates 2,311
grocery stores in 35 States under 19 banners including Safeway,
Albertsons, Vons Jewel Osco, Shaw's, United Supermarkets, Acme,
Star, Carrs, Randalls, Pavilions, Market Street, Tom Thumb, Haggen
and Amigos. Revenue of the combined company is about $59 billion.


ALBERTSONS COS: S&P Assigns 'B+' Rating on $750MM Sr. Unsec. Notes
------------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating to
Albertsons Cos. LLC's $750 million senior unsecured notes due 2025.
The recovery rating is '4', reflecting S&P's expectation for
average recovery in the event of default at the higher end of the
30% to 50% range. Co-issuers of the notes include Albertsons and
its subsidiaries Safeway Inc., New Albertson's Inc., and
Albertson's LLC.

S&P expects net proceeds will be used to repay asset-based loan
borrowings of about $240 million and also reduce the company's term
loan B-6 due 2023.  The transaction comes as Albertsons has
simplified its capital structure through a series of refinancings
since the end of last year.  The company reported 2.9% positive ID
sales growth (excluding fuel) in the first quarter of 2016, and
continues to execute on its synergy plans slightly ahead of S&P's
expectations, with leverage remaining in the high-5x range this
year.  S&P also thinks a possible Albertsons IPO could still occur
later this year depending on market conditions.

RATINGS LIST

Albertsons Cos. LLC
Safeway Inc.
New Albertson's Inc.
Albertson's LLC
Corporate Credit Rating            B+/Positive/--

New Rating
Albertsons Cos. LLC
Safeway Inc.
New Albertson's Inc.
Albertson's LLC
$750 mil snr unsecured notes due 2025     B+
   Recovery rating                        4H


AMBASSADOR ENERGY: Unsecureds to Recover 100% Under Plan
--------------------------------------------------------
Ambassador Energy, Inc., filed with the U.S. Bankruptcy Court for
the Central District of California a disclosure statement in
support of the Debtor's Chapter 11 plan of reorganization, which
proposes that holders of Class 4 - general unsecured claims, which
total $901,267, will recoup 100%.  

A hearing to consider the adequacy of the Disclosure Statement  and
to consider the confirmation of the Plan is set for Aug. 30, 2016,
at 1:30 p.m.

For Class 4 - General Unsecured Claims, installment payments will
be made quarterly (on March 31, June 30, Sept. 30, and Dec. 31 of
each calendar year), commencing after payment in full of the
secured creditors in Classes 1 and 3.  The payments will be in the
amount o $30,000 per month and are expected to start in March 2018,
and will continue until all allowed Class 4 claims are paid in
full; the final payment may be in an amount less than $30,000. Each
payment will be divided proportionally amongst the holders of the
claims.  Interest will be paid to the Class 4 creditors at the rate
of 4% per annum on account of unpaid balances.  Class 4 is impaired
and is entitled to vote.

The claims of OneSource Distributors, LLC, are unsecured under the
Plan, and any related security interests and instruments (including
recorded UCC-1 notices) deemed void, as such security interest are
juinor to the lien rights of MyBusinessLoan.com, LLC, and Can
Capital Asset Servicing which encumber al of the Debtor's assets in
full; no equity value remains to secure this claim.  The security
interests are further avoidable as preferences.

The Plan will be financed from funds held by the estate as of the
entry of the confirmation order and the ongoing operating profits
of the Debtor's business operations, the installation and
inspection of solar power panels, and related training operations
and educational services.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/cacb16-11880-59.pdf

The Plan was filed by the Debtor's counsel:

     Robert B. Rosenstein, Esq.
     Rosenstein and Associates
     28600 Mercedes Street, Suite 100
     Temecula, CA 92590
     Tel: (951) 296-3888
     Fax: (951) 296-3889
     E-mail: robert@thetemeculalawfirm.com

Headquartered in Murrieta, California, Ambassador Energy, Inc., dba
Ambassador Solar Energy filed for Chapter 11 bankruptcy protection
(Bankr. C.D. Calif. Case No. 16-11880) on March 2, 2016, disclosing
$0 assets and total liabilities of $1.51 million.  The petition was
signed by Kelly Smith, president.

Judge Scott C Clarkson presides over the case.

Robert B. Rosenstein, Esq., at Rosenstein & Associates serves as
the Debtor's bankruptcy counsel.


ANTONIO GABRIEL: Disclosures OK'd; Plan Hearing Set for Sept. 7
---------------------------------------------------------------
The Hon. Peter H. Carroll of the U.S. Bankruptcy Court for the
Central District of California has approved the Disclosure
Statement Describing Chapter 11 Plan of Reorganization filed by
Antonio Gabriel De La Torre.

The Court has set the plan confirmation hearing for Sept. 7, 2016,
at 10:00 a.m.

Ballots must be received by the Debtor's counsel no later than 4:00
p.m. on Aug. 26, 2016.

Objections to confirmation of the Plan must be filed by Aug. 26,
2016.

The Debtor must file and serve a confirmation memorandum stating
why the Plan should be confirmed no later than Sept. 2, 2016.  The
memorandum must contain admissible evidence, a ballot summary, and
Debtor's response to any objections.

Antonio Gabriel De La Torre filed for Chapter 11 bankruptcy
protection (Bankr. C.D. Calif. Case No. 15-11231).  The Debtor is
represented by:

     M. Jonathan Hayes, Esq.
     Matthew D. Resnik, Esq.
     Roksana D. Moradi, Esq.
     SIMON RESNIK HAYES LLP
     15233 Ventura Boulevard, Suite 250
     Sherman Oaks, CA 91403
     Tel: (818) 783-6251
     Fax: (818) 827-4919
     E-mail: jhayes@SRHLawFirm.com
             matthew@SRHLawFirm.com
             roksana@SRHLawFirm.com


ARGENTO LLC: Unsecureds to Be Paid in Full in 24 Months
-------------------------------------------------------
Argento, LLC, filed with the U.S. Bankruptcy Court for the District
of Arizona a disclosure statement in support of the Debtor's plan
of reorganization, which proposes that holders of Class 7 ???
general unsecured claims receive payment in full of their claims
within 24 months following the Effective Date.

Payments of 1/8 of the Class 7 claims (or $9,663.75) will be made
in eight quarterly payments commencing on the last day of the
quarter in which the Effective Date falls.  Class 7 is impaired.
The Debtor estimates that Class 7 claims total $77,310.

The Debtor are proposing to repay all Unsecured Creditor Claims
within 24 months of the Effective Date and will continue to service
remaining secured creditor claims and the Bellas Artes claim based
on the terms set forth in this Disclosure Statement and the
accompanying Plan.  The Plan will be funded by the Debtor's
post-petition net income and excess cash held by the Debtor on the
Effective Date (which amount is estimated to be at least $230,000.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/azb16-01736-33.pdf

The Plan was filed by the Debtor's counsel:

     Blake D. Gunn, Esq.
     LAW OFFICE OF BLAKE D. GUNN
     P.O. Box 22146
     Mesa, AZ 85277-2146
     Tel: (480) 270-5073
     E-mail: blake.gunn@gunnbankruptcyfirm.com

                         About Argento

Argento, LLC, is an Arizona limited liability company formed in
2006 for the purpose of acquiring and operating a commercial
building located at 15770 N. Greenway-Hayden Loop, Scottsdale,
Arizona 85260.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Ariz. Case No. 16-01736) on Feb. 25, 2016.  The petition was signed
by Maria Papagno, member.

The Debtor is represented by Blake D. Gunn, Esq., at the Law Office
of Blake D. Gunn.  The case is assigned to Judge Madeleine C.
Wanslee.

The Debtor disclosed total assets of $3.5 million and total debts
of $3.13 million.


BARRY CARAVAN: U.S. Trustee Objects to Disclosure Statement
-----------------------------------------------------------
The U.S. trustee overseeing the Chapter 11 case of Barry and Sally
Caravan has opposed the outline of their proposed Chapter 11 plan,
saying it does not contain "adequate information."

In a filing with the U.S. Bankruptcy Court for the District of New
Hampshire, the U.S. trustee for Region 1 criticized the Debtors'
failure to disclose current financial information concerning the
cash on hand.

The bankruptcy watchdog also complained that the Debtors did not
disclose in the document whether or not they are current with real
estate taxes and all required federal income tax returns.

"The Debtors' disclosure statement is thus materially flawed and
does not provide creditors with adequate information to enable them
to vote in favor of or against the plan," the U.S. trustee said.

Under U.S. bankruptcy law, a debtor must get approval of its
disclosure statement to begin soliciting votes for its Chapter 11
plan.  The document must contain sufficient information to enable
voting creditors to make an informed decision about the plan.

                 About Barry and Sally Caravan

Barry J. Caravan and Sally A. Caravan sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. N.H. Case No.
14-12055).


BEAVER-VISITEC INT'L: Moody's Assigns B3 CFR, Outlook Stable
------------------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating to
Beaver-Visitec International Holdings, Inc. (BVI), a manufacturer
of low tech medical products used largely in cataract surgery
procedures. At the same time, Moody's assigned a B2 rating to BVI's
senior first lien term loan and revolver and a Caa2 to its second
lien term loan. The rating outlook is stable. Proceeds from this
offering will be used to partially finance TPG Capital's
acquisition of BVI from RoundTable Healthcare Partners.

Ratings assigned:

Beaver-Visitec International Holdings, Inc.

Corporate Family Rating at B3

Probability of Default Rating at B3-PD

First Lien Revolver at B2 (LGD 3)

First Lien Term Loan at B2 (LGD 3)

Second Lien Term Loan at Caa2 (LGD 5)

RATINGS RATIONALE

"While Beaver-Visitec is a small player in a niche product segment,
its B3 rating also reflects its brand name and positive free cash,
which will help it deleverage," said Diana Lee, a Moody's Senior
Credit Officer. "We estimate that initial debt/EBITDA will be
relatively high at about 5.8 times," continued Lee.

Beaver-Visitec's B3 Corporate Family Rating reflects its small
absolute size based on sales and earnings and high concentration in
low tech offerings within a niche product area. The rating also
reflects its high initial leverage, which Moody's expects will
moderate. Key offsets to its small size and lack of diversity are
its long-standing presence in the cataract surgery space and low
dependence on its top customers. BVI's constant currency sales
growth will likely remain in the mid-single digit range over the
coming year, but challenges include the potential for more
customers to purchase bundled products (at the exclusion of BVI
products) or exert more pricing pressure. In addition, alternative
technology, although still used in a small percent of cases, will
grow.

The stable rating outlook reflects Moody's view that BVI will
remain small and highly concentrated in a niche product segment.
The outlook also reflects Moody's expectation that the company will
delever via debt reduction and improved profitability. Given its
small scale and lack of diversification, the ratings are not likely
to be upgraded over the next 12 to 18 months. Over time, BVI's
ratings could be upgraded if it materially increases scale and
diversification. If BVI can maintain a solid liquidity profile and
can sustain debt/EBITDA below 4.0 times, it could support an
upgrade. BVI's ratings could be downgraded if revenues or
profitability weaken, if positive free cash flow is not maintained
or if debt/EBITDA is not sustained below 5.5 times.

BVI's liquidity over the coming year will be good, aided by
positive free cash flow and no expected draws under its $30 million
revolver. Although there will be a springing net leverage covenant
under its revolver, both its first and second lien facilities will
not be subject to financial covenants.

Beaver-Visitec International Holdings, Inc., headquartered in
Waltham, Massachusetts, is a manufacturer of low-tech medical
products used by ophthalmologists largely in cataract surgery
procedures.


BEAVER-VISITEC: S&P Assigns 'B' CCR, Outlook Stable
---------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
global ophthalmic products manufacturer Beaver-Visitec
International Holdings Inc.  The outlook is stable.

At the same time, S&P assigned its 'B' issue-level rating to the
company's proposed $30 million revolving credit facility and a $170
million term loan.  S&P assigned this debt a recovery rating of
'3', indicating its expectation for meaningful (50%-70%, at the
lower end of the range) recovery in the event of a payment default.


S&P also assigned its 'CCC+' issue-level rating to the company's
proposed $80 million second-lien term loan.  S&P assigned this debt
a recovery rating of '6', indicating its expectation for negligible
(0%-10%) recovery in the event of a payment default.

Beaver-Visitec is a leading manufacturer of single-use (disposable)
surgical tools used in eye surgeries.  S&P's assessment of the
company's business risk profile as weak reflects the company's
small scale (about $135 million of revenues in 2015), a very narrow
therapeutic concentration with about 85% of revenues generated by
products used in cataract procedures, the presence of competitors
with substantially greater size and financial strength, and the
reliance on only a few manufacturing sites.  These characteristics
are only partially offset by good product, customer, and geographic
diversity, and a degree of product differentiation and
manufacturing expertise that supports brand loyalty and leads to
some pricing flexibility.

The company's product families include surgical knives (some of
which include a differentiated and patented safety-feature to
prevent needle-stick type injuries), cannulas (surgical instrument
with a thin tube used for delivering or draining fluid during
surgery), fluid control products (absorb eye fluids during eye
surgery) and punctal plugs (a tear duct plug that prevents drainage
of liquid from the eye, as a treatment for dry eye).  The company
also provides custom kits that conveniently package surgical tools
to help surgeons streamline procedure efficiency.

"The stable rating outlook reflects our expectation that revenue
will grow helped by the aging population and increasing penetration
of cataract surgery in developing markets," said S&P Global Ratings
credit analyst Elan Nat.  S&P also expects the ccompany will
generate moderate discretionary cash flow, but believe its adjusted
debt leverage will remain above 5x over the next two years given
the financial policy under the financial sponsor ownership.

S&P could lower the rating in 2017 if free cash flow is reduced to
negligible levels.  In S&P's view, this could happen if the company
encounters problems in its planned transition to the new Juarez,
Mexico, manufacturing facility, resulting in elevated production
costs or an inability to service orders.  Alternatively,
intensified competition leading to at least a 5% decline in
revenues, coupled with margin contraction of about 400 basis points
could result in a downgrade.

It is unlikely that S&P would raise the rating in the next few
years, given the company's ownership by private equity investors
and its narrow therapeutic focus and small scale.


BLUCORA INC: Egan-Jones Gives B- Sr. Unsecured Debt Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company assigned B- senior unsecured ratings on
debt issued by Blucora Inc on July 19, 2016.  EJR also gave a B
rating on commercial paper issued by the Company.

Blucora (formerly Infospace, Inc.) is a provider of
Internet-related services (most commonly being search engines).


BLYTH INC: Egan-Jones Withdraws B+ Sr. Unsec. Debt Rating
---------------------------------------------------------
Egan-Jones Ratings Company assigned a No Rating status to debt
issued by Blyth Inc. on July 26, 2016.  EJR previously gave the
Company a B+ senior unsecured debt rating.

Blyth, Inc. is a Greenwich, Connecticut-based marketing and
manufacturing company that sells personal and decorative products.


BOMBARDIER INC: Fitch Says Unsecured Recovery Prospects Average
---------------------------------------------------------------
Unsecured recovery prospects as calculated by Fitch Ratings are
average for Bombardier Inc. (BBD) as it continues to address
negative free cash flow (FCF) and a weak balance sheet.

Fitch said, "Our Spotlight Series report on BBD describes Fitch's
recovery analysis and other rating topics, including Fitch's
rationale for continuing to equalize BBD's unsecured debt ratings
with the company's issuer default rating (IDR) of 'B'/Negative."

Recent positive developments at BBD improve the company's prospects
for building stronger operating results, including firm orders from
Delta and Air Canada, which have boosted the case for the long-term
success of the C Series. Outside equity investments in BBD's
businesses earlier this year supported the company's liquidity.

Fitch believes that BBD will be challenged to achieve its target of
positive FCF by some time in 2018. Its aerospace programs are
complex and there are inherent risks in executing operating
improvements across the aerospace and transportation businesses.
Fitch estimates FCF in 2016 will be approximately negative $1.3
billion, an improvement from negative $2.0 billion in 2015, when a
transition to lower business jet production was initiated. Fitch
estimates FCF could be significantly negative through at least 2018
and that a return to positive FCF would be more likely in 2019 or
even 2020.

The sales of equity stakes in the C Series and transportation
businesses solidified BBD's liquidity, allowing it to fund its cash
burn through at least 2017. However, the equity stakes also reduced
BBD's share of future profit and cash flow, which could further
pressure the company's credit metrics on a pro forma basis. The
transactions have a near-term positive impact for debtholders, but
the long-term impact is less certain due to the smaller claim on
future earnings and FCF. 2018 is a year to watch as several bonds
mature.

Fitch's recovery analysis illustrates likely average recoveries for
BBD's unsecured debt in a distressed scenario, leading to a 'B/RR4'
rating. This is despite a concentration of debt at BBD's corporate
level that creates some concerns about potential limitations on
recoveries by debtholders. As the ultimate parent, BBD is entitled
to all of the earnings and cash flow at Bombardier Transportation
(BT), excluding the 30% equity investor's share. However, BT has
few operating ties to BBD's aerospace business (BA), and BBD's
debtholders would be structurally subordinated to BT's creditors.

Furthermore, Fitch's recovery analysis assumes that, in a
distressed scenario, BT is separated from BBD and is excluded from
bankruptcy. Under this scenario, Fitch assumes a fair valuation is
received for BBD's 70% interest in BT, with the value added to BA's
stand-alone going concern value. Fitch's recovery analysis produces
good recoveries, but C Series risks include earnings dilution and
negative cash flow during the next few years. When considering
these risks, Fitch's recovery analysis leads to a rating for BBD's
senior unsecured debt equal to the IDR of 'B'.


C&J ENERGY: C&J EPSC Named as Foreign Rep for Mobile Data
---------------------------------------------------------
The Court of Queen's Bench of Alberta appointed C&J Energy
Production Services-Canada Ltd. as foreign representative in Canada
in relation to the proceedings commenced by Mobile Data
Technologies in the United States of America under Chapter 11 of
the U.S. Bankruptcy Code, filed in the U.S. Bankruptcy Court for
the Southern District of Texas.

Legal counsel to C&J Production:

   Kelsey Meyer, Esq.
   Bennet Jones LLP
   4500, 855-2nd Street SW
   Calgary, AB T2P 4K7
   Tel: 403-298-3323
   Email: meyerk@bennettjones.com

Court-appointed officer

   Neil Narfason
   Duncan MacRae
   Ernst & Young Inc.
   Calgary, AB T2P 1M4
   Tel: 403-206-5067
        403-206-5035
   Email: neil.narfason@ca.ey.com
          duncan.macrae@ca.ey.com

                         About Mobile Data

Based in Acheson, Canada, Mobile Data Technologies Ltd. --
http://www.mobiledatatech.ca/-- offers data acquisition and
control products for the oil and gas industry.   It has locations
in Acheson and Calgary, Canada; and Woodlands, Texas.

                          About C&J Energy

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

C&J Energy Services Ltd. and 14 of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 16-33590) on July 20, 2016.  The Debtors'
cases are pending before Judge David R Jones.

The law firms Loeb & Loeb LLP, Kirkland & Ellis LLP serve as the
Debtors' counsel.  Fried, Frank, Harris, Shriver & Jacobson LLP
acts as special corporate and tax counsel to the Debtors.
Investment bank Evercore is the Debtors' financial advisor and
AlixPartners is the Debtors' restructuring advisor.  Ernst & Young
Inc. is the proposed information officer for the Canadian
proceedings.  Donlin, Recano & Company, Inc. serves as the claims,
noticing and balloting agent.


CALAMP CORP: Egan-Jones Assigns BB- Sr. Unsecured Debt Ratings
--------------------------------------------------------------
Egan-Jones Ratings Company assigned BB- senior unsecured ratings on
debt issued by CalAmp Corp on July 19, 2016.

Headquartered in Oxnard, California, CalAmp Corp. is a provider of
wireless communications solutions for a range of applications to
customers globally.


CAPITAL GOLD: Egan-Jones Withdraws BB LC Sr. Unsec. Rating
----------------------------------------------------------
Egan-Jones Ratings Company assigned a No Rating status to debt
issued by Capital Gold Corp. on July 26, 2016.  EJR previously gave
the Company a BB local currency senior unsecured debt rating.

Capital Gold Corporation engages in the mining, exploration, and
development of gold properties in Mexico.


CHARTER SCHOOL: 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 Charter School Development Services, Inc.

Charter School Development Services, Inc., filed a Chapter 11
bankruptcy petition (Bankr. M.D. Fla. Case No. 16-04312) on June
29, 2016.  Nardella & Narella PLLC 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
Vince V. Desai, president.


CHRISTINE GOOD: Disclosure Statement Hearing on Sept. 13
--------------------------------------------------------
Judge John K. Olson set a hearing for Sept. 13, 2016, at 10:30 a.m.
to consider approval of the disclosure statement explaining
Christine Good's bankruptcy-exit plan.  The deadline for filing
objections to the Disclosure Statement is Sept. 6, 2016.

As reported in the TCR, Christine Good's restructuring plan
provides that general unsecured creditors, which hold $419,620 in
claims, will share pro rata in a total distribution of $10,000 to
be paid over five years.  The Debtor proposes to make 20 quarterly
payments to general unsecured creditors.

                      About Christine Good

Christine Good sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Fla. Case No. 15-25289) on Aug. 24, 2015.  The
Debtor is represented by Chad T. Van Horn, Esq., at Van Horn Law
Group, P.A., in Fort Lauderdale, Florida.



CLAIRE'S STORES: Appoints Grant Thornton as Accountant
------------------------------------------------------
The Audit Committee of the Board of Directors of Claire's Stores,
Inc., approved the appointment of Grant Thornton LLP as the
Company's new independent registered public accounting firm for the
fiscal year ending Jan. 28, 2017, effective Aug. 2, 2016, and
dismissed KPMG LLP as the Company's independent registered public
accounting firm.  The change was the result of a competitive
bidding process involving several accounting firms.

The audit reports of KPMG on the Company's consolidated financial
statements for the fiscal years ended Jan. 30, 2016, and Jan. 31,
2015, did not contain an adverse opinion or disclaimer of opinion
and were not qualified or modified as to uncertainty, audit scope
or accounting principles.

In connection with the audits of the Company's consolidated
financial statements for the fiscal years ended Jan. 30, 2016, and
Jan. 31, 2015, and in the subsequent interim period through
Aug. 2, 2016, there were no disagreements with KPMG on any matters
of accounting principles or practices, financial statement
disclosure or auditing scope and procedures which, if not resolved
to the satisfaction of KPMG, would have caused KPMG to make
reference to the matter in their reports.

Specifically, the Company did not design and maintain effective
controls over the annual indefinite-lived intangible asset
impairment analysis, including controls over the review of the
accuracy of certain data used in the projections to value its
indefinite-lived trade names.  During the year ended Jan. 30, 2016,
management remediated the material weakness previously disclosed in
the Annual Report on Form 10-K for the fiscal year ended Jan. 31,
2015, through the implementation of an internal control procedure
designed to ensure the operating effectiveness of the review of the
annual indefinite-lived intangible assets impairment analysis.

During the two most recent fiscal years and in the subsequent
interim period through Aug. 2, 2016, the Company has not consulted
with Grant Thornton with respect to either (i) the application of
accounting principles to a specified transaction, either completed
or proposed, or the type of audit opinion that would have been
rendered on the Company's financial statements, and no written
report or oral advice was provided by Grant Thornton to the Company
that Grant Thornton concluded was an important factor considered by
the Company in reaching a decision as to the accounting, auditing,
or financial reporting issue, or (ii) any matter that was the
subject of either a disagreement as defined in Item 304(a)(1)(iv)
of Regulation S-K or a reportable event as described in Item
304(a)(1)(v) of the SEC's Regulation S-K.

                    About Claire's Stores

Claire's Stores, Inc. -- http://www.clairestores.com/-- operates  

as a specialty retailer of fashion accessories and jewelry for
preteens and teenagers, as well as for young adults in North
America and internationally.  It offers jewelry products that
comprise costume jewelry, earrings, and ear piercing services; and
accessories, including fashion accessories, hair ornaments,
handbags, and novelty items.

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

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

                           *     *     *

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

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


CLAUDETTE BREVITT-SCHOOP: Plan Confirmation Hearing on Sept. 28
---------------------------------------------------------------
Judge Raymond B. Ray conducted a hearing on July 22, 2016 to
consider approval of the disclosure statement filed by Claudette
Brevitt-Schoop.  The Court found that the disclosure statement --
as amended, if amendments were announced by the plan proponent or
required by the court at the hearing -- contains "adequate
information" regarding the plan in accordance with 11 U.S.C. Sec.
1125(a).  Therefore, pursuant to 11 U.S.C. Sec. 1125(b) and
Bankruptcy Rule 30l7(b), the disclosure statement was approved.

The Court set:

   * Aug. 19, 2016, as the deadline for objections to claims.

   * Sept. 7, 2016, as the deadline for filing fee applications.

   * Sept. 14, 2016, as the deadline for filing objections to
confirmation.

   * Sept. 14, 2016, as the deadline for filing ballots accepting
or rejecting the Plan.

   * Sept. 23, 2016, as the deadline for filing proponent's report
and confirmation affidavit.

   * Sept. 23, 2016, as the deadline for individual debtor to file
"certificate for confirmation regarding payment of domestic support
obligations and filing of required tax returns".

   * Sept. 28, 2016 at 9:30 a.m. for the hearing to consider
confirmation of the Debtor's Chapter 11 plan and fee applications
filed by parties.

Claudette Brevitt-Schoop filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 15-21177) on June 20, 2015.  Judge Raymond B. Ray
presides over the case.


CNO FINANCIAL: Fitch Puts 'BB+' Ratings on CreditWatch Negative
---------------------------------------------------------------
Fitch Ratings has placed the ratings of CNO Financial Group Inc. on
Rating Watch Negative.  The rating action follows recent reports of
links between Beechwood Re Ltd., a reinsurer of CNO Financial
Group, Inc.'s closed block long-term care business, and Platinum
Partners, a hedge fund that is currently under investigation by
federal authorities and is reportedly in the process of liquidating
its funds

                       KEY RATING DRIVERS

The Rating Watch reflects Fitch's concerns with regard to any
potential adverse effect on CNO's consolidated capital strength
that may arise as a result of its reinsurance agreement with
Beechwood in light of recent reports.

Two of CNO's insurance operating subsidiaries, Washington National
Insurance Company (WNIC) and Bankers Conseco Life Insurance Company
(BCLIC), entered into 100% coinsurance agreements with Beechwood
covering a total of approximately $495 million in long-term care
reserves in December 2013.  CNO reported ceded insurance
liabilities of $527 million related to the Beechwood agreement at
June 30, 2016.

The agreements require related insurance reserves to be secured by
assets in trust with an over collateralization of 7%.  The trust
assets are also subject to investment guidelines and periodic
true-ups.  In late June 2016, CNO initiated an audit of the
valuation of Level 3 assets in the trust, the value of which has
historically been provided by a recognized valuation service based,
in part, on unobservable inputs which CNO could not independently
verify. CNO expects to complete the audit during the third quarter
2016.

If the assets are found to be inadequate relative to the 107%
collateral requirement, Fitch believes that Beechwood would be
required to true up the collateral, and if it were unable to do so,
the ceded business could be recaptured by WNIC and BCLIC. Fitch is
concerned that such a recapture could have a significant adverse
effect on the capital adequacy of WNIC and BCLIC.

Fitch will continue to monitor developments around this matter and
will take rating action as warranted by emerging information.

                        RATING SENSITIVITIES

Key rating triggers that could lead to an affirmation of all
ratings include:

   -- Resolution of any potential shortfall of assets held in
      trusts as security for insurance liabilities associated with

      CNO's reinsurance agreement with Beechwood;
   -- No material deterioration in other credit metrics.

Key rating triggers that could lead to a downgrade include:

   -- A significantly adverse resolution to the reinsurance matter

      discussed above;
   -- Combined NAIC RBC ratio less than 325% and operating
      leverage above 20x;
   -- Deterioration in operating results;
   -- Decline in fixed charge coverage to below 5x;
   -- Significant increase in credit-related impairments;
   -- Financial leverage above 30%.

FULL LIST OF RATING ACTIONS

Fitch has placed these ratings on Rating Watch Negative:

CNO Financial Group, Inc.

   -- IDR 'BBB-';
   -- 4.50% senior unsecured notes due May 30, 2020 'BB+';
   -- 5.25% senior unsecured notes due May 30, 2025 'BB+'.

Bankers Life and Casualty Company
Bankers Conseco Life Insurance Company
Colonial Penn Life Insurance Company
Washington National Insurance Company
   -- IFS 'BBB+'.


COATES INTERNATIONAL: CEO Buys Additional 279.5 Million Shares
--------------------------------------------------------------
Coates International, Ltd., disclosed that Mr. George J. Coates,
president and CEO of the Company, has purchased a further
279,549,056 shares of common stock from the Company.

Mr. Coates comments: "The price of our Company shares is at an
all-time low range.  So I am taking advantage of this opportunity.
I am optimistic about the potential for our Company and our
business plan.  The demand for the Coates CSRV "green" engines and
power generators is expected to increase from transactions we are
currently moving towards closing."

The Company said there can be no assurance that it will be
successful in any of its endeavors.

                        About Coates

Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on August 31, 1988, for the purpose of researching,
patenting and manufacturing technology associated with a spherical
rotary valve system for internal combustion engines.  This
technology was developed over a period of 15 years by Mr. George
J. Coates, who is the President and Chairman of the Board of the
Company.

The Coates Spherical Rotary Valve System (CSRV) represents a
revolutionary departure from the conventional poppet valve.  It
changes the means of delivering the air and fuel mixture to the
firing chamber of an internal combustion engine and of expelling
the exhaust produced when the mixture ignites.

Coates International reported a net loss of $10.2 million on
$94,200 of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.8 million on $19,200 of
total revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, Coates had $2.42 million in total assets,
$7.56 million in total liabilities, and a total stockholders'
deficiency of $5.14 million.

Cowan, Gunteski & Co., P.A., in Tinton Falls, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company continues to have negative cash flows from operations,
recurring losses from operations, and a stockholders' deficiency.
These conditions raise substantial doubt about its ability to
continue as a going concern.


COLLIER HILLS: Court to Take Up Exit Plan on Sept. 1
----------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of reorganization of Collier Hills Dental, PC, at a hearing on
September 1.

Judge Wendy Hagenau of the U.S. Bankruptcy Court for the Northern
District of Georgia will hold the hearing at 1:30 p.m., at
Courtroom 1403, U.S. Courthouse, 75 Ted Turner Drive, SW, Atlanta,
Georgia.

The bankruptcy judge will also consider at the hearing the final
approval of the company's disclosure statement, which she
conditionally approved on July 25.

The July 25 order set an August 26 deadline for creditors to cast
their votes and file their objections to the plan.

Under the restructuring plan, general unsecured creditors in Class
8 will be paid approximately 100% of their claim at 0% interest.
These creditors assert a total of $180,696 in claims.

Beginning on the seventh month after the effective date of the
plan, each creditor will get a pro rata share of $1,833 per month
for approximately 99 months or until paid in full, according to the
disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
https://is.gd/vLkUkM

Collier Hills is represented by:

     Ian M. Falcone, Esq.
     The Falcone Law Firm, P.C.
     363 Lawrence Street
     Marietta, GA 30060
     Phone: (770) 426-9359
     Email: imf@falconefirm.com

                      About Collier Hills

Collier Hills Dental, PC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ga. Case No. 16-50083) on January 4,
2016.  The petition was signed by Walker J. Love, president.  

The case is assigned to Judge Wendy L. Hagenau.

At the time of the filing, the Debtor disclosed $881,954 in assets
and $1.65 million in liabilities.


CONTINENTAL BUILDING: Moody's Assigns B1 Corporate Family Rating
----------------------------------------------------------------
Moody's Investors Service assigned a B1 Corporate Family Rating and
B1-PD to Probability of Default Rating to Continental Building
Products Operating Company LLC, the new borrower under the proposed
bank credit facility and subsidiary of Continental Building
Products, Inc., issuer of the audited financial statements
(collectively "Continental"). In related rating actions, Moody's
assigned a B1 rating to the company's proposed bank credit
facility, consisting of a $75 million revolving credit facility due
2021 and $275 million term loan maturing 2023. Terms and conditions
for the new bank credit facility will be similar to those in
Continental's existing bank debt, including a guarantee provided by
Continental Building Products, Inc. Proceeds from the new term loan
will be used to pay off the current term loan, at which time the
ratings assigned Continental Building Products LLC and to the
existing $50 million revolver and term loan will be withdrawn, and
to pay related fees and expenses. The Speculative Grade Liquidity
Rating of SGL-1 is assigned. The rating outlook is positive.

The following ratings/assessments were affected by this action:

Corporate Family Rating assigned B1;

Probability of Default Rating assigned B1-PD;

Senior secured revolving credit facility due 2021 assigned B1
(LGD4); and,

Senior secured term loan due 2023 assigned B1 (LGD4).

Speculative Grade Liquidity Rating of SGL-1 is assigned

RATINGS RATIONALE

Continental's B1 Corporate Family Rating reflects improving debt
credit metrics. Over the next 12-18 months, Moody's projects
Continentals' EBITA margins slightly over 20% (16.7% for LTM 1Q16)
due to modestly higher volumes and resulting operating leverage.
Higher earnings translates into better credit metrics. Moody's
expects interest coverage (measured as EBITA-to-interest expense)
trending towards 5.0x versus 4.3x for LTM 1Q16 and debt leverage
below 2.5x over the next 12-18 months from 2.7x at 1Q16. Moody's
said, "We also forecast Continental generating positive free cash
flow throughout the year, resulting in free cash."

"Although we forecast modest increases in revenues and resulting
earnings, Continental's size based on revenues is small relative to
other rated manufacturing and wallboard companies. Our projected
revenue of approximately $460 million over the next 12 to 18 months
is indicative of much lower rated entities. In addition,
Continental has geographic concentration in the eastern United
States and Canada with customer concentration. A material increase
in market share would be challenging, and a geographic expansion
initiative could prove costly. Continental relies on a single line
of business manufacturing wallboard, a commodity-like product that
is manufactured by much larger and better capitalized companies.
Overall, Continental's business profile is the company's greatest
credit risk, and limits upside ratings potential," said Moody's.

The positive rating outlook recognizes improving results. However,
Continental has not produced nor sustained debt credit metrics
previously identified that could result in upward ratings
pressures.

A rating upgrade could take place if Continental continues to
benefit from the strength in its key end markets, resulting in
improved operating performance that exceeds Moody's forecasts and
the following debt credit metrics:

-- Debt-to-EBITDA sustained near 2.0x (2.7x at 1Q16)

-- EBITA-to-interest expense above 5.5x (4.3x at LTM 1Q16)

Negative rating actions could occur if Continental's operating
performance falls below Moody's expectations, resulting in the
following credit metrics (ratios incorporate Moody's standard
adjustments) and characteristics:

-- Debt-to-EBITDA remaining above 4.0x

-- EBITA-to-interest sustained below 2.0x

-- Deterioration in the company's liquidity profile

-- Debt-financed acquisitions.

Continental Building Products, Inc., headquartered in Reston, VA,
manufactures gypsum wallboard and related products for use in
residential and commercial construction, as well as for repair and
remodeling applications. It operates in the Eastern United States
and Eastern Canada. Revenues for the 12 months through June 30,
2016 totaled approximately $447 million.


CONTINENTAL BUILDING: S&P Rates Proposed Secured Facilities 'BB+'
-----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' issue-level rating to
Herndon Va.-based wallboard producer, Continental Building Products
Operating Co. LLC's (a subsidiary of Continental Building Products
Inc.) proposed senior secured facilities.  The recovery rating is
'1', indicating S&P's expectation of very high (90% to 100%)
recovery in the event of default.

The company will use the new first-lien term loan B proceeds of
$275 million to refinance the existing $272 million balance on its
first-lien term loan B credit facility.  The company will also
obtain a new $75 million senior secured revolving credit facility
that will replace the existing $50 million revolver.  The borrower
of the term loan is Continental Building Products Operating Co.
LLC, and the borrowers of the revolver are Continental Building
Products Operating Co. LLC and Continental Building Products Canada
Inc.

The 'BB-' corporate credit rating and positive outlook on
Continental Building Products are unchanged.

Ratings List

Continental Building Products Inc.
Corporate Credit Rating                           BB-/Positive/--

New Rating

Continental Building Products Operating Co. LLC
Senior Secured
  $275 mil. 1st-ln term loan due 2023              BB+
   Recovery Rating                                 1

Continental Building Products Operating Co. LLC
Continental Building Products Canada Inc.
Senior Secured
  $75 mil. revolver due 2021                       BB+
   Recovery Rating                                 1


COTT CORP: Planned Acquisition Deal Won't Change Moody's B2 Rating
------------------------------------------------------------------
Moody's Investors Service said Cott Corporation's (B2 stable) plans
to buy US coffee and tea company S&D Coffee, Inc. (S&D) for $355
million is credit positive for Cott but will not change the
company's B2 rating or stable outlook.

Moody's assesses Cott in the context of the Global Soft Beverage
Industry Methodology (published in May 2013).

Cott, based in Toronto, Ontario, and Tampa, Florida, is one of the
world's largest private-label and contract manufacturing beverage
companies and had sales of $2.9 billion in 2015. Its product
portfolio includes carbonated soft drinks; clear, still and
sparkling flavored waters; juice; juice-based products; bottled
waters; energy related drinks; and ready-to-drink teas. Through
recent acquisitions, it also delivers bottled water and related
services directly to residential and commercial customers.


CROFCHICK INC: Pa. Revenue Dep't. Opposes Approval of Plan Outline
------------------------------------------------------------------
The Pennsylvania Department of Revenue asked a U.S. bankruptcy
court to deny the disclosure statement detailing the Chapter 11
plan of reorganization of Crofchick Inc.

In a filing with the U.S. Bankruptcy Court for the Middle District
of Pennsylvania, the agency complained that the document does not
contain "adequate information."

"The disclosure statement is devoid of information regarding the
Debtor's delinquent Pennsylvania tax filing obligations and any
statement on the Debtor and its members becoming current with these
obligations," the agency said.

The agency also said that the document does not explain how its
claim against the company will be paid and why it will not be
treated just like the Internal Revenue Service's pre-bankruptcy
claim.

Under U.S. bankruptcy law, a company going through bankruptcy must
get approval of its disclosure statement to begin soliciting votes
for its Chapter 11 plan.  The document must contain sufficient
information to enable voting creditors to make an informed decision
about the plan.

                      About Crofchick Inc.

Crofchick, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Pa. Case No. 15-03723) on August 30,
2015.  The Debtor is represented by Tullio DeLuca, Esq.


CROSBY NATIONAL: Creditors to Receive $7.35MM Payment Under Plan
----------------------------------------------------------------
Creditors of The Crosby National Golf Club, LLC, will receive total
payment of $7.35 million, according to the latest version of the
company's proposed Chapter 11 plan of reorganization.

The plan proposes to pay $7.35 million to creditors.  Of this
amount, $5.35 million will be paid by the company to creditors over
seven years through borrowings and operations of its business.  The
rest will be funded by a $2 million capital infusion into the
company by its member on the effective date of the plan.

The restructuring plan does not contemplate a sale of Crosby's
assets but provides for a continuation of its business, according
to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/CrosbyNational_6DS07142016.pdf

                About Crosby National Golf Club

The Crosby National Golf Club, LLC, commenced a Chapter 11
bankruptcy case (Bankr. N.D. Tex. Case No. 15-41545) in Ft. Worth,
Texas, on April 16, 2015, without stating a reason.  The Debtor
estimated $10 million to $50 million in assets and debt.  The case
is assigned to Judge Russell F. Nelms.

The Debtor owns and operates the Crosby National Golf Club which
is located within the Crosby Estates at Rancho Santa Fe. The Golf
Club has been continuously operated as a for-profit, private
eighteen-hole golf course and has been known at all times as the
Crosby National Golf Club. It is a California limited liability
company and its managing member is Escalante - Crosby National
L.P., a Colorado limited partnership. The Debtor is represented by
Hudson M. Jobe, Esq., and Timothy A. York, Esq., at Quilling,
Selander, Lownds, Winslett & Moser, P.C. in Dallas, Texas.

The Crosby Estate at Rancho Santa Fe Master Association (The
Crosby HOA) is the master association for the gated residential
community and development located in San Diego County including
the
Debtor's golf club, commonly known as The Crosby National Golf
Club.  The Debtor and the Crosby HOA have been engaged in disputes
and resulting litigation pending in the Superior Court, State of
California, County of San Diego, relating to the Debtor's
operations of the Club and various rights and obligations of the
parties under the Development documents and related agreements. It
is represented in the Debtor's case by Joe J. Wielenbinski, Esq.,
Jay H. Ong, Esq. and Thomas D. Berghman, Esq. at Munsch Hardt Kopf
& Harr, P.C. in Dallas, Texas.

Texas Capital holds a valid, perfected, secured Claim against the
Debtor. A minimum aggregate amount of approximately $3.1 million is
owed on the Texas Capital Claim. It is represented by Matthew T.
Ferris, Esq. at Winstead PC in Dallas, Texas.


CUMULUS MEDIA: Posts $1.06 Million Net Income for Second Quarter
----------------------------------------------------------------
Cumulus Media Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $1.06 million on $287 million of net revenue for the three
months ended June 30, 2016, compared to net income of $12.3 million
on $299 million of net revenue for the same period in 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $13.4 million on $556 million of net revenue compared to
net income of $284,000 on $570 million of net revenue for the six
months ended June 30, 2015.

As of June 30, 2016, Cumulus Media had $2.967 billion in total
assets, $2.962 billion in total liabilities and $4.33 million in
total stockholders' equity.

Mary Berner, president and chief executive officer of Cumulus Media
Inc. said, "The second quarter results underscore the substantial
challenges that we must overcome.  However, our operating strategy
is gaining measurable traction with significant ratings growth,
improved employee engagement, reduced turnover and enhanced
operational effectiveness.  These are all critical first steps in
the execution of our multi-year turnaround plan."

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

                       https://is.gd/XMV8hI

On Aug. 4, 2016, Cumulus Media held an investor conference call and
webcast to discuss financial results for the three months ended
June 30, 2016.  A copy of the presentation materials is available
for free at https://is.gd/COBfia

                       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.

                           *     *     *

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.


CUPEYVILLE SCHOOL: Unsecureds To Recoup 5% Under Plan
-----------------------------------------------------
Cupeyville School, Inc., filed with the U.S. Bankruptcy Court for
the District of Puerto Rico a disclosure statement describing the
Debtor's Chapter 11 plan.

Class 4 - General Unsecured Claims, estimated at $2,335,730.26, are
impaired.  Holders of allowed General Unsecured Claims (excluding
those from Debtor's Shareholders), of $75,000 or less, will be paid
in full satisfaction of their claims 5% thereof, in cash, on the
Effective Date.  The Holders of Allowed General Unsecured Claims
over $75,000, will be paid in full satisfaction of their claims 5%
thereof through 60 equal consecutive monthly installments of
$1,324.37, commencing on the Effective Date of Debtor's Plan and
continuing on the 30th day of the subsequent 59 months.

The Debtor will effect payments of pending administrative expense
claims on or before the Effective Date from the estimated cash
balance in its DIP accounts, as of the Effective Date.  Banco
Popular de Puerto Rico's secured claims, will be paid in full
(100%), in cash, pursuant to the agreement.

Toyota's secured claim, executory contracts cure claims, General
Unsecured Claims, as well as priority tax Claims, will be paid
through the payment plans from the cash resulting from Debtor's
operations.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/prb15-09822-76.pdf

The Plan was filed by the Debtor's counsel:

     Alexis Fuentes-Hernandez, Esq.
     Fuentes Law Offices
     P.O. Box 9022726
     San Juan, PR 00902-2726
     Tel: (787) 722-5215
     Fax: (787) 722-5206
     E-mail: alex@fuentes-law.com

                     About Cupeyville School

Cupeyville School, Inc., is a private, non-sectarian,
co-educational college preparatory institution, located at Cupey
Bajo, R??o Piedras, Puerto Rico.  It serves a predominantly
Hispanic population offering a learning program for students in
grades from Pre Pre-Kinder through 12th grade.  It was organized in
1963, responding to the needs of a growing suburban community
interested in a bilingual/co-educational learning program.  It is
accredited by the Middle States Association, the Department of
Education of Puerto Rico, and recognized as a School of Excellence
by the U.S. Department of Education, Blue Ribbon School of
Excellence.  It is the only accredited school in Puerto Rico in
hands of a Puerto Rican family.  It is ranked by the Caribbean
Business as fifth of the 28 Largest Private Schools in Puerto Rico
(2013-2014).

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
P.R. Case No. 15-09822) on Dec. 12, 2015.  The petition was signed
by Ricardo Gonzalez, president.  

The case is assigned to Judge Mildred Caban Flores.

At the time of the filing, the Debtor disclosed $7.01 million in
assets and $7.25 million in liabilities.


CYTORI THERAPEUTICS: Incurs $6.40 Million Net Loss in 2nd Quarter
-----------------------------------------------------------------
Cytori Therapeutics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
allocable to common stockholders of $6.40 million on $1.12 million
of product revenues for the three months ended June 30, 2016,
compared to net income allocable to common stockholders of $4.45
million on $1.61 million of product revenues for the same period
last year.

For the six months ended June 30, 2016, the Company reported a net
loss allocable to common stockholders of $11.7 million on $2.45
million of product revenues compared to a net loss allocable to
common stockholders of $18.2 million on $2.51 million of product
revenues for the six months ended June 30, 2015.

As of June 30, 2016, the Company had $42.7 million in total assets,
$24.0 million in total liabilities, and $18.7 million in total
stockholders' equity.

"We have an accumulated deficit of $369 million as of June 30,
2016.  Additionally, we have used net cash of $10.7 million and
$9.8 million to fund our operating activities for the six months
ended June 30, 2016 and 2015, respectively.

"To date, these operating losses have been funded primarily from
outside sources of invested capital including our recently
completed Rights Offering ... our At the Market equity facility,
Loan and Security Agreement and gross profits.  We have had, and we
will likely continue to have, an ongoing need to raise additional
cash from outside sources to fund our future clinical development
programs and other operations.

"On June 15, 2016, the Company closed a Rights Offering originally
filed under Form S-1 registration statement in April 2016. Pursuant
to the Rights Offering, the Company sold an aggregate of 6,704,852
units consisting of a total of 6,704,852 shares of common stock and
3,352,306 warrants, with each warrant exercisable for one share of
common stock at an exercise price of $3.06 per share, resulting in
total gross proceeds to Cytori of $17.1 million.

"The Company continues to seek additional capital through product
revenues, strategic transactions, including extension opportunities
under the awarded U.S. Department of Health and Human Service's
Biomedical Advanced Research and Development Authority contract,
and from other financing alternatives.

"Should we be unable to raise additional cash from outside sources,
this will have an adverse impact on our operations," the Company
said in the report.

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

                      https://is.gd/F0Y4SB

                          About Cytori

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

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

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

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


D.J. SIMMONS: Plan to Pay Off Creditors in 7 Years
--------------------------------------------------
D.J. Simmons Company Limited Partnership and its affiliated debtors
filed a reorganization plan that provides that general unsecured
claims against DJS Co. LP, D.J. Simmons, Inc., and Kimbeto
Resources, LLC, will each be paid 1% of the claim every other year
starting in January 2018, with any remaining balance paid within 7
years.  

According to the Disclosure Statement, the Plan provides that:

   * The Debtors have over $9 million in obligations owing to their
prepetition lender, Bank of Oklahoma. The debt is secured by liens
against some of the Debtors' assets and property.  Undersecured
creditor Bank of Oklahoma's allowed secured claim will be paid in
full and treated as set forth in Section I(A)(2)(a) of the Plan.

   * Holders of allowed oil and gas royalty and lease payment
claims will be paid in full over the course of three months.

   * Holders of general unsecured claims of each Debtor will share
in the proceeds of the avoidance actions in addition to payment of
1% of their respective Claim every other January starting in
January 2018 with a final balloon payment in Jan. 31, 2024.

   * Equity holders will retain their interests if all allowed
claims are satisfied in full or the claimant otherwise agrees that
it has been satisfied in full.  If all allowed claims are not paid
in full by Jan. 31, 2024, the holders of interests will retain
nothing and their ownership Interests will be extinguished.

The Plan is being funded from cash generated from the Debtors' cash
on hand in their Estates, revenue and other income from the
Reorganized Debtors' operations or other assets, proceeds from the
avoidance actions, and the cash proceeds generated from sales of
Debtors' or the Reorganized Debtors' encumbered or unencumbered
assets, which will be conducted in their discretion and as
necessary.

A copy of the Disclosure Statement accompanying the Plan of
Reorganization dated July 29, 2016, is available at:

        http://bankrupt.com/misc/DJ_Simmons_128_DS.pdf

                    About D.J. Simmons Company

Farmington, New Mexico-based D.J. Simmons Inc. --
http://www.djsimmons.com/-- is an independent oil and gas
exploration and production company.  D.J. Simmons and its
affiliates have oil and natural gas reserves from approximately 100
wells operated by DJS, Inc., and 500 wells operated by third
parties in Colorado, New Mexico, Utah, and Texas.  Kimbeto
Resources, LLC, owns 13 wells in Rio Arriba County, New Mexico.
DJS, Inc., also operates the wells owned by Kimbeto.  D.J. Simmons
Company Limited Partnership holds most of the oil and gas and other
assets.  Kimbeto holds oil, gas, and other related assets on land
owned by the Jicarilla Apache Tribe. DJS, Inc, operates the assets
and employs a small administrative staff.

DJS Co. LP, Kimbeto and DJS, Inc., filed Chapter 11 petitions
(Bankr. D. Colo. Case Nos. 16-11763, 16-11765 and 16-11767) on
March 1, 2016.  The cases are jointly administered under Lead Case
No. 16-11763.

The petitions were signed by John Byrom, president of DJS, Inc.  

DJS Co. LP disclosed $9.94 million in total assets and $12.85
million in total liabilities.  Kimbeto disclosed $976,190 in total
assets and $9.81 million in total liabilities.  

Ethan Birnberg, Esq., at Lindquist & Vennum LLP, serves as the
Debtors' counsel.


DELTROPICO DESIGNS: Unsecured Creditors to Get 50% Under Exit Plan
------------------------------------------------------------------
General unsecured creditors of Deltropico Designs, LLC, will
recover half of their claims, according to the latest disclosure
statement detailing the company's Chapter 11 plan of
reorganization.  

Under the plan, general unsecured creditors will get 50% of their
claims, to be paid in 12 equal quarterly installments over 3 years
starting October 1 unless paid off earlier by the company.  These
creditors assert a total of $747,000 in claims, according to the
disclosure statement filed with the U.S. Bankruptcy Court for the
Southern District of Florida.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/DeltropicoDesigns_1stDS07192016.pdf

                    About Deltropico Designs

Deltropico Designs, LLC, based in Miami, Florida, filed a Chapter
11 petition (Bankr. S.D. Fla. Case No. 15-25767) on Aug. 31, 2015.
Hon. Robert A Mark presides over the case.  The Debtor's counsel
is:

     Nathan G Mancuso, Esq.
     MANCUSO LAW, P.A.
     7777 Glades Rd # 100
     Boca Raton, FL 33434
     Tel: (561) 245-4705
     Email: ngm@mancuso-law.com

In its petition, the Debtor estimated $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Luis Fernandez Trujillo, manager.


DETROIT PUBLIC SCHOOLS: S&P Lowers Rating on 2011 Bonds to BB
-------------------------------------------------------------
S&P Global Ratings lowered its rating on Detroit Public Schools
(DPS), Mich.'s series 2011 bonds secured by state aid to 'BB' from
'BBB', and its rating on DPS' series 2012 bonds secured by state
aid to 'BB-' from 'BBB-'.  The first- and second-lien ratings are
differentiated by one notch given their respective pledge levels.
The ratings remain on CreditWatch with negative implications, where
they were placed March 10, 2016.

"The downgrade is based on the lack of a formal plan regarding
bondholder repayment terms following the recent restructuring of
the district, and the resultant elimination of a pledged revenue
stream at the end of the state's fiscal year," said S&P Global
Ratings credit analyst Jane Ridley.  Although the intent is to take
out the existing debt at full value, in S&P's view, as October
approaches and ushers in the new fiscal year, it creates greater
uncertainty as to whether bondholders will receive full and timely
payment on their bonds.

The CreditWatch placement reflects the possibility that S&P could
lower the rating further if the redemption, refunding, or
defeasance is not moving to conclusion in a timely manner.  If the
actions taken through this process provide bondholders with
anything less than the full promise of the original bonds, it is
likely to be considered a distressed exchange and therefore a
default under our criteria.

Under legislation recently passed by the Michigan legislature, on
July 1, 2016, the district was divided in two, creating a new
district to be called Detroit Public Schools Community District
that will take over all operations (the New Co) and continue to
receive state school aid, while DPS (the Old Co) survives solely to
collect tax millage and service debt outstanding.  The Old Co will
no longer be eligible to receive state school aid.

The pledge on these bonds is state school aid as well as the
district's limited tax general obligation (GO) pledge, and the
rating is based on the state aid pledge.  The separation of the Old
Co and New Co leaves the Old Co as the obligor for the bonds. State
aid can only flow to school districts that have students, and the
Old Co has no students.  As a result, the only remaining fundable
pledge backing the bonds when the state starts its next fiscal year
on Oct. 1 will be the limited tax GO pledge.  S&P Global Ratings
does not rate bonds secured by DPS' GO pledge.

Because state aid will no longer support the bonds effective
Oct. 1, 2016, in S&P's view the situation must be resolved by then
or bondholders will lose a critical revenue stream, which would
result in a significant reduction in value.

"The CreditWatch on the bonds reflects our view that the complexity
of the situation, the looming requirement to redeem, defease, or
refund the bonds, and the numerous parties involved--including the
split district and Michigan--result in a more than 50% chance we
will lower the rating over the next two months.  If the situation
is not resolved in a timely manner and the risk to bondholders
increases, we will lower our rating to reflect our opinion of the
deterioration in the credit quality of the bonds. If we view the
redemption as providing less than the original promise, we would
likely consider this a distressed exchange, which we rate 'D'.  In
a redemption, refunding, or defeasance without a loss of value, we
would withdraw the rating.  Given the timing and circumstances,
there is no upward potential for the rating at this time," S&P
said.


DISH NETWORK: Fitch Affirms 'BB-' IDR & Revises Outlook to Neg.
---------------------------------------------------------------
Fitch Ratings has affirmed the 'BB-' Issuer Default Rating assigned
to DISH Network Corp. and its wholly owned subsidiary DISH DBS
Corp. (DDBS).  The Rating Outlook has been revised to Negative from
Stable.  Fitch also affirmed the 'BB-/RR4' issue ratings assigned
to DDBS' senior unsecured notes and assigned an expected rating of
'B+(EXP)/RR5' to DISH's $2.5 billion convertible note offering.
The expected rating will be converted to a final rating once the
final details of the issuance are confirmed through a public filing
of the indenture.

The Negative Rating Outlook reflects pro forma leverage of 5.4x
that is elevated above the negative rating trigger of 5.0x
following DISH's $2.5 billion issuance of convertible notes.  The
initial purchaser of the convertible notes has the option to
purchase an additional $500 million within 30 days, which would
increase pro forma leverage to 5.6x as of June 30, 2016.  Fitch has
treated the convertible notes as 100% debt in our analysis.

Proceeds from the offering are expected to be used for strategic
transactions, including spectrum-related transactions that will
support the company's unspecified wireless strategy.  Fitch
believes DISH has the ability to reduce leverage below 5.0x over
the next 18 - 24 months, but revised the Rating Outlook to Negative
due to the absence of capacity for incremental debt and limited
room for further deterioration of DISH's operating profile.  In the
event DISH refinances its upcoming maturities and does not focus on
debt reduction, a downgrade will be warranted.

Fitch previously stated that it will treat DISH's spending at the
TV broadcast spectrum incentive auction as event risk in the
rating, and that the agency will evaluate DISH's capacity to fund
any potential liability with cash in excess of liquidity needs, if
necessary, at the time the payment comes due.  However, the
prefunding of cash to use for the spectrum auction eliminates any
capacity DISH has for incremental debt within Fitch's expectations
for the current rating.

                       KEY RATING DRIVERS

Ratings Reflect Weak Trends: Fitch believes the company's overall
credit profile has limited capacity to accommodate DISH's
inconsistent operating performance.  DISH reported its largest
quarterly net subscriber loss of 281,000 in the second quarter of
2016.  While subscriber metrics remain weak, average revenue per
user (ARPU) increased 2.5% during the first half of 2016 versus the
prior period as a result of programming cost increases. However,
ARPU growth has slowed versus 4.3% during the first half of 2015 as
DISH's pay-tv programming package mix changes to accommodate an
increase in Sling TV subscribers.

Mature U.S. Service Offering: Additional rating concerns center on
the following: DISH's ability to adapt to the evolving competitive
landscape; DISH's lack of revenue diversity and narrow product
offering relative to its cable multi-system operator (MSO) and
telephone company video competition; and an operating profile and
competitive position that continue to lag behind its peer group.
DISH's current operating profile focuses on its maturing video
service offering and lacks growth opportunities relative to its
competition.  Although Sling TV provides a source of growth versus
the traditional pay-tv business, the Sling TV subscriber base is
small and is unlikely to contribute meaningfully to DISH's
operations in the near term.

Wireless Strategy Poses Event Risk: The current ratings take into
consideration the lack of transparency of DISH's wireless strategy,
and the potential capital requirements and execution risk
associated with that strategy.  Fitch acknowledges the significant
asset value and strategic optionality associated with DISH's
investment in wireless spectrum.  DISH's efforts to transform
though various wireless initiatives remain in a development stage,
partly due to the numerous set-backs the company has experienced as
it endeavors to engage another wireless carrier seeking a
partnership, acquisition or network-sharing agreement.  The
strategic importance of a wireless broadband service option has not
diminished and, as such, Fitch expects DISH will likely continue
its efforts to pursue a lower risk strategy by engaging with an
existing national wireless service provider.

Fitch notes that the terms of its wireless spectrum assets require
the company to build out a portion of the spectrum coverage area,
which can pressure the company's credit profile.

                          KEY ASSUMPTIONS

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

   -- Nominal overall revenue growth generated by slower-than-
      historical ARPU growth that slightly offsets net subscriber
      losses;

   -- EBITDA margins in 2016 and 2017 are expected to be
      relatively unchanged from the 19.8% recorded in 2015, driven

      by SG&A cost containment efforts that somewhat offset higher

      programming costs;

   -- Assuming DISH repays upcoming debt maturities with FCF and
      cash on hand, leverage declines to under 5.0x over the next
      18-24 months.

As of second quarter 2016, Fitch believes DISH only has capacity in
the current rating to spend approximately $4 billion on
spectrum-related purchases over the next two to three years.

                       RATING SENSITIVITIES

Revision of the Outlook to Stable at the current rating level can
occur as the company demonstrates that it can execute its wireless
strategy in a credit-neutral manner and maintain leverage below
5.0x.

Fitch believes a negative rating action will likely coincide with
the company's decision to execute a wireless strategy, or other
discretionary management decisions that weaken its ability to
generate free cash flow (FCF), maintain adequate liquidity to meet
ongoing operational needs, erode operating margins, and increase
leverage higher than 5x without a clear strategy to deleverage the
company's balance sheet.  Additional scenarios that may have a
potential rating impact, including any spectrum-related purchases
beyond the current $4 billion of capacity, will be evaluated as
they are disclosed.

                            LIQUIDITY

The company's current liquidity position is adequate for its
ongoing operations.  Overall, the company's liquidity position and
financial flexibility is supported by expected FCF generation.  The
company also benefits from a reasonable maturity schedule, as 28%
of the company's outstanding debt is scheduled to mature through
2020 but no more than approximately 8% in any one year. Upcoming
material maturities total $900 million and $1.2 billion during 2017
and 2018, respectively.

DISH had a total of approximately $3.5 billion of cash and
marketable securities (current portion) as of June 30, 2016.  The
majority of DISH's consolidated cash and marketable securities
balances were held at DISH.  The company's stated minimum cash
requirement of $1 billion and FCF generation mitigate the risk
caused by the lack of a revolving credit facility.

DISH's FCF (defined as cash flow from continuing operations less
capital expenditures and dividends) declined approximately 13% as
of the LTM period ended June 30, 2016 to $1.2 billion when compared
to the same period during 2015.  DISH's capital intensity remained
relatively stable in the 7% to 8% range in 2015.  Capital
expenditures will continue to focus on subscriber retention and
capitalized subscriber premises equipment, and include capitalized
interest related to FCC authorizations.

Limited Bondholder Protections: The DDBS indentures provide
bondholders very limited protections against increasing leverage
and moving cash to its parent, DISH, to fund investments.  These
investments include any potential wireless investment or
initiative, leaving DDBS bondholders without recourse to the assets
and cash flows generated by such investments (assuming the absence
of legal/guaranty considerations).  The indentures include a debt
incurrence test of 8x leverage and in most cases restricted
payments are permitted provided leverage is below 8x and no event
of default exists.


DONNA LEE RAGER: Plan Offers 26.5% Recovery to Unsec. Creditors
---------------------------------------------------------------
Donna Lee Rager has proposed a reorganization plan that will pay
general unsecured creditors a pro rata portion of $36,000, likely
to result in a 26.51% recovery of allowed claims.  Payments will be
made quarterly over five years from the Effective Date of the
Plan.

According to the Amended Disclosure Statement dated July 29, 2016,
despite the traumatic events in her life, the Debtor has been able
to move forward with her life emotionally and financially. She has
operated a successful dog grooming business since 2003, in which
she works and pays herself a steady income.

All payments under the Plan will be completed before 60 months
passes from the Effective Date of the Plan.

CitiMortgage, LLC's claim, which is secured by the Debtor's
property at 533 W. Shannon Street Chandler, AZ, is unimpaired under
the Plan.

Unsecured Creditors will receive a pro-rata share of a fund
totaling $36,000 created by Debtor's $600 per month of disposable
monthly income for a period of 60 months.  The Debtor will commit
these funds to general unsecured claims beginning in the first full
calendar month after the effective date.  Pro-rata means the entire
amount of the fund divided by the entire amount owed to creditors
with allowed claims in this class.  The Debtor estimates that
creditors will receive approximately 26.51% of their claims in this
class.  Payments to general unsecured creditors will be made
quarterly after administrative claims and priority claims are paid
in full.

A copy of the Amended Disclosure Statement dated July 29, 2016, is
available for free at:

          http://bankrupt.com/misc/D_Rager_75_Am_DS.pdf

The Bankruptcy Court will hold a hearing on approval of the
Disclosure Statement on Sept. 13, 2016 at 10:00 am at the United
States Bankruptcy Court, 230 N. First Avenue, 7th Floor, Courtroom
702, Phoenix, AZ, before the Honorable Madeleine C. Wanslee.

                       About Donna Lee Rager

Donna Lee Rager filed for bankruptcy protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ariz. Case No. 15-13897) on Oct. 29,
2015.  On Dec. 3, 2015, the United States Trustee advised the Court
that committee under 11 U.S.C. Sec. 1102 has not been appointed
because an insufficient number of persons holding unsecured claims
against the Debtor have expressed interest in serving on a
committee.  No trustee or examiner has been appointed.

The Bankruptcy Court has approved the employment of Neeley Law
Firm, PLC as counsel for the bankruptcy proceedings.  The
Bankruptcy Court has approved the employment of Steven A.
Kaiblinger as accountant for the bankruptcy proceedings.

An order setting a bar date for filing proofs of claim was
April 4, 2016.

Attorneys for the Debtor:

         Kenneth L. Neeley
         Chris J. Dutkiewicz
         NEELEY LAW FIRM, PLC
         2250 E. Germann Road, Suite 11
         Chandler, AZ 85286
         Tel: (480) 802-4647
         Fax: (480) 907-1648
         E-mail: ECF@neeleylaw.com



EDU-PRO 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 Edu-Pro Management, LLC.

Edu-Pro Management, LLC, owner of a charter school facility, filed
a Chapter 11 bankruptcy petition (Bankr. M.D. Fla. Case No.
16-04313) on June 29, 2016. Nardella & Nardella, PLLC 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 Vince
Desai, managing member.


ELEPHANT TALK: In Talks with Lender on Refinancing Transaction
--------------------------------------------------------------
Elephant Talk Communications Corp. entered into a term sheet on
April 26, 2016, for a proposed debt financing based on a $6,500,000
senior secured debenture, extendable to $10,000,000 in the lender's
discretion, with a term of two years.

In addition, the Company had agreed with one of its major
stockholders that it would provide additional subordinated funding
in the amount of $3,500,000, of which 10% ($350,000) was advanced
to the Company on or around June 6, 2016, with a term of 6 to 12
months, and which was secured under an Inter Creditor Agreement
with the proposed new lender by the sale proceeds of the Company's
subsidiary ValidSoft should it be sold.  The mutually agreed
closing dates for the transactions, which were originally slated
for June 30, 2016, have repeatedly been delayed by circumstances
beyond the Company's control.

Consequently, the Company has failed to make timely payment of the
July employee payroll and is therefore in breach of its obligations
under its employment contracts with risks to the continuity of
ongoing business operations due to employee attrition and potential
breaches of labor laws in some of the countries in which the
Company operates.  The Company has engaged in dialogue with its
employees with regard to the Company's inability to satisfy its
payroll obligations.

The Company also continues to engage in discussions with its
current senior secured lender, Atalaya, and other interested
parties, with a view to refinancing the business, which is expected
to be resolved in the course of Q3 and Q4 this year. However, there
can be no assurance that such refinancing will occur.

                       About Elephant Talk

Lutz, Fla.-based Elephant Talk Communications, Inc. (OTC BB: ETAK)
-- http://www.elephanttalk.com/-- is an international provider of
business software and services to the telecommunications and
financial services industry.

Elephant Talk reported a net loss of $5 million on $31.01 million
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $21.9 million on $20.4 million of revenues for the year
ended Dec. 31, 2014.

As of March 31, 2016, Elephant Talk had $25.05 million in total
assets, $19.7 million in total liabilities and $5.39 million in
total stockholders' equity.

Squar Milner, LLP (formerly Squar Milner, Peterson, Miranda &
Williamson, LLP), 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 has suffered
recurring losses from operations, has an accumulated deficit of
$256 million and has negative working capital.  This raises
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


ELROY JOSEPH MILLER: Aug. 23 Hearing on Plan and Disclosures
------------------------------------------------------------
Elroy Joseph Miller and Krista D Miller on July 27, 2016, filed a
proposed Chapter 11 Plan and Disclosure Statement.  The following
day, Judge Robert Summerhays ordered that:

   A. The disclosure statement filed by the Debtors is
conditionally approved.

   B. Aug. 16, 2016 is fixed as the last day for filing written
acceptances or rejections of the plan.

   C. Aug. 23, 2016 at 10:00 am, at 1st Floor Courtroom, 214
Jefferson Street, Lafayette LA is fixed for the hearing on final
approval of the Disclosure Statement (if a written objection has
been timely filed) and for the hearing on confirmation of the
Plan.

   D. Aug. 16, 2016 is fixed as the last day for filing and serving
written objections to the Disclosure Statement and confirmation of
the Plan.

Elroy Joseph Miller and Krista D Miller sought Chapter 11
protection (Bankr. W.D. La. Case No. 16-50309) on March 8, 2016.
The Debtor is represented by William C. Vidrine, Esq.


ENDEAVOR ENERGY: S&P Raises Rating on Sr. Unsecured Debt to 'B-'
----------------------------------------------------------------
S&P Global Ratings said that it raised its issue-level rating on
Midland, Texas-based oil and gas exploration and production (E&P)
company Endeavor Energy Resources L.P.'s senior unsecured debt to
'B-' from 'CCC+', and revised the recovery rating to '3' from '5'.
The '3' recovery rating indicates S&P's expectation of meaningful
(50% to 70%, lower end of the range) recovery in the event of
default.

The issue-level rating on the senior secured debt remains 'B+' with
a recovery rating of '1', indicating S&P's expectation for very
high (90% to 100% range) recovery in the event of a default. The
corporate credit rating remains 'B-'.  The outlook is stable.

S&P revised the recovery rating following the May 2016, reduction
of the company's borrowing base on its reserve-based revolving
credit facility to $400 million from $675 million, and S&P's
updated estimate of enterprise value given recently announced asset
sales.  S&P based its enterprise value on Endeavor's
company-provided PV-10 report, based on year-end 2015 proved
reserves (less 10% for recent asset sales), using S&P's recovery
price assumptions of $50 per barrel for West Texas Intermediate
crude oil and $3.00 per million British thermal units for Henry hub
natural gas.  

RATINGS LIST

Endeavor Energy Resources L.P.
Corporate credit rating                         B-/Stable/--

Issue-Level Rating Raised; Recovery Rating Revised
Endeavor Energy Resources L.P.
EER Finance Inc.
Endeavor Finance Inc.
                                                To         From
Senior unsecured debt                          B-         CCC+
  Recovery rating                               3L         5L


ETHAN LOCK: Files Plan to Exit Chapter Protection
-------------------------------------------------
LMM Sports Management LLC owner Ethan Lock filed with the U.S.
Bankruptcy Court for the District of Arizona a plan to exit Chapter
11 protection.

The Debtor is proposing a restructuring plan, which seeks to pay
creditors from his income.  It is a 100% payment plan with no
impaired creditors.  

The plan only applies to the individual Debtor whose Chapter 11
case is jointly administered with the bankruptcy cases of LMM
Sports and Eric Metz, another owner of the company.

The restructuring plan classifies the general unsecured claim of
Your Source Pacific Fund I LLP in Class 5A.  The claim was paid
according to a prior settlement approved by the court.

A copy of the Debtor's disclosure statement detailing the plan is
available at http://bankrupt.com/misc/EthanLock_DS07212016.pdf

The Debtor is represented by:

     John R. Clemency, Esq.
     Janel M. Glynn, Esq.
     Gallagher & Kennedy, P.A.
     2575 East Camelback Road
     Phoenix, Arizona 85016-9225
     Telephone: (602) 530-8000
     Facsimile: (602) 530-8500
     Email: john.clemency@gknet.com
     Email: janel.glynn@gknet.com

                        About Ethan Lock

Ethan Lock is a sports agent licensed with the National Football
League and holds 40% membership interest in LMM Sports Management,
LLC, which provides sports management services to professional
athletes employed by the NFL.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Case No. 14-13954) on September 10, 2014.
The case is jointly administered with the Chapter 11 cases of LMM
and Eric Metz, who also holds 40% membership interest in the
company.


EXELIXIS INC: Incurs $37.0 Million Net Loss in Second Quarter
-------------------------------------------------------------
Exelixis, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $37.0
million on $36.3 million of total revenues for the three months
ended June 30, 2016, compared to a net loss of $43.4 million on
$7.99 million of total revenues for the same period in 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $98.4 million on $51.7 million of total revenues compared
to a net loss of $78.5 million on $17.4 million of total revenues
for the six months ended June 30, 2015.

As of June 30, 2016, Exelixis had $477 million in total assets,
$663 million in total liabilities and a total stockholders' deficit
of $186 million.

"The Exelixis team has worked tirelessly to prepare for and execute
on the U.S. launch of CABOMETYX in order to bring this important
new therapeutic option for advanced kidney cancer to prescribing
clinicians and the patients they serve," said Michael M. Morrissey,
Ph.D., president and chief executive officer of Exelixis.  "We are
encouraged by the initial uptake in May and June and are steadfast
in our efforts to support the launch by educating the treatment
community on the data in the CABOMETYX label, which differentiate
this medicine from others available for patients with
previously-treated advanced renal cell carcinoma."

Dr. Morrissey continued, "Our clinical development and regulatory
efforts were highly productive during the second quarter.  The
positive top-line results for the CABOSUN trial sponsored by our
collaborators at NCI-CTEP suggest that cabozantinib has potential
as a treatment for previously-untreated patients with advanced RCC,
and we are discussing potential next steps with regulators. The
second half of 2016 will be eventful for Exelixis, as we will
continue to advance the U.S. launch of CABOMETYX, while awaiting
with our partner Ipsen the EC's decision in the European Union.  We
look forward to the presentation of the CABOSUN data later this
year and ongoing enrollment of patients in CELESTIAL with potential
results in 2017.  And finally, we continue to monitor the progress
of our partner, Genentech, with the cobimetinib development
program, including COTEZO, the recently initiated second pivotal
trial of this Exelixis-discovered compound in combination with
atezolizumab in refractory CRC."

Cash and cash equivalents, short- and long-term investments and
long-term restricted cash and investments totaled $384 million at
June 30, 2016, which increased from $253 million at Dec. 31, 2015,
as a result of the $200 million upfront payment we received from
Ipsen in connection with our Feb. 29, 2016, licensing agreement.

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

                     https://is.gd/Ka2ugx

                      About Exelixis Inc.

Headquartered in South San Francisco, California, Exelixis, Inc.,
develops innovative therapies for cancer and other serious
diseases.  Through its drug discovery and development activities,
Exelixis is building a portfolio of novel compounds that it
believes has the potential to be high-quality, differentiated
pharmaceutical products.

Exelixis reported a net loss of $170 million on $37.2 million
of total revenues for the year ended Dec. 31, 2015, compared to a
net loss of $269 million on $25.1 million of total revenues for the
year ended Dec. 31, 2014.


EXELIXIS INC: May Issue 5.3 Million Shares Under Plans
------------------------------------------------------
Exelixis, Inc., filed with the Securities and Exchange Commission a
Form S-8 registration statement to register (a) 5,000,000 shares of
Common Stock of the Company for issuance under the Exelixis, Inc.
2000 Employee Stock Purchase Plan, and (b) 247,121 shares of the
Company's Common Stock for issuance under the Exelixis, Inc. 2014
Equity Incentive Plan.  The proposed maximum aggregate offering
price is $48.53 million.  A full-text copy of the Form S-8
prospectus is available at https://is.gd/FEdidj

                       About Exelixis Inc.

Headquartered in South San Francisco, California, Exelixis, Inc.,
develops innovative therapies for cancer and other serious
diseases.  Through its drug discovery and development activities,
Exelixis is building a portfolio of novel compounds that it
believes has the potential to be high-quality, differentiated
pharmaceutical products.

Exelixis reported a net loss of $170 million on $37.2 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $269 million on $25.1 million of total revenues for the
year ended Dec. 31, 2014.

As of June 30, 2016, Exelixis had $477.13 million in total assets,
$663.27 million in total liabilities and a total stockholders'
deficit of $186.13 million.


EXPORTHER BONDED: Disclosure Statement Hearing Set for Aug. 31
--------------------------------------------------------------
Judge Robert A. Mark of the U.S. Bankruptcy Court for the Southern
District of Florida entered an order setting Aug. 31, 2016 as
hearing date to consider approval of Exporther Bonded Corp.'s
amended disclosure statement. Any objections to the disclosure
statement are due on Aug. 24.

As previously reported by The Troubled Company Reporter, the Debtor
filed a first amended disclosure statement describing its first
amended plan of liquidation, which propose that general unsecured
creditors classified in Class 2 will receive a distribution of 0 to
5 % of their allowed claims, to be distributed in a lump sum on the
date or dates indicated.

Payments and distributions under the Plan will be funded by the
Debtor's liquidation of its assets, believed to be between
$100,000
and $300,000 as of confirmation.  The Plan will also be funded by
the payment from the Riveros of their insider loans, which
presently amount to $890,886. Jorge H. Rivero, Jorge H. Rivero,
Jr., and Juan Carlos Rivero, own and manage the Debtor.

A full-text copy of the First Amended Disclosure Statement dated
Aug. 1, 2016, is available at
http://bankrupt.com/misc/flsb15-28287-207.pdf

Debtor's Counsel:

    David R. Softness, Esq.
    201 S Biscayne Blvd #2740
    Miami, FL 33131

       About Exporther Bonded

Exporther Bonded Corp., dba EBC Duty Free, a ship chandler
generally providing specialized goods for export, usually on cruise
ships, filed a Chapter 11 petition (Bankr. S.D. Fla., Case No.
15-28287) on October 15, 2015.  The Debtor's counsel is David R.
Softness, Esq., in Miami, Florida.  At the time of filing, the
Debtor had $0 to $50,000 in estimated assets and $1 million to $10
million in estimated liabilities.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb15-28287.pdf


FANNIE MAE: Reports Net Income of $2.94 Billion in Second Quarter
-----------------------------------------------------------------
Federal National Mortgage Association filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income attributable to the Company of $2.94 billion on $5.46
billion of net revenues for the three months ended June 30, 2016,
compared to net income attributable to the Company of $4.64 million
on $6.23 billion of net revenues for the three months ended June
30, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $4.08 billion on $10.4
billion of net revenues compared to net income attributable to the
Company of $6.52 billion in $11.6 billion of net revenues for the
same period last year.

As of June 30, 2016, Fannie Mae had $3.23 trillion in total assets,
$3.23 trillion in total liabilities and $4.06 billion in totla
equity.

"We had another quarter of solid financial performance," said
Timothy J. Mayopoulos, president and chief executive officer.  "We
are carrying through on actions to strengthen our company, support
the housing market, and bring innovation to the market for the
benefit of consumers, lenders, and taxpayers.  We remain a steady,
continuous source of mortgage financing to ensure broad access to
quality rental housing and predictable long-term mortgages,
including the 30-year fixed-rate mortgage."

"Fannie Mae expects to remain profitable on an annual basis for the
foreseeable future; however, certain factors, such as changes in
interest rates or home prices, could result in significant
volatility in our financial results from quarter to quarter or year
to year.  Fannie Mae's future financial results also will be
affected by a number of other factors, including: the company's
guaranty fee rates; the volume of single-family mortgage
originations in the future; the size, composition, and quality of
its retained mortgage portfolio and guaranty book of business; and
economic and housing market conditions.  Although Fannie Mae
expects to remain profitable on an annual basis for the foreseeable
future, due to the company's expectation of continued declining
capital and the potential for significant volatility in its
financial results, the company could experience a net worth deficit
in a future quarter, particularly as the company's capital reserve
amount approaches or reaches zero.  The company's expectations for
its future financial results do not take into account the impact on
its business of potential future legislative or regulatory changes,
which could have a material impact on the company's financial
results, particularly the enactment of housing finance reform
legislation."

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

                     https://is.gd/kM96A2

                       About Fannie Mae

Federal National Mortgage Association, aka Fannie Mae, is a
government-sponsored enterprise that was chartered by U.S.
Congress in 1938 to support liquidity, stability and affordability
in the secondary mortgage market, where existing mortgage-related
assets are purchased and sold.

The U.S. Department of the Treasury owns Fannie Mae's senior
preferred stock and a warrant to purchase 79.9 percent of its
common stock, and Treasury has made a commitment under a senior
preferred stock purchase agreement to provide Fannie with funds
under specified conditions to maintain a positive net worth.

Fannie Mae reported net income of $10.95 billion on $109 billion of
total interest income for the year ended Dec. 31, 2015, compared
with net income of $14.2 billion on $114 billion of total interest
income for the year ended Dec. 31, 2014.

                        About Freddie Mac

Based in McLean, Virginia, the Federal Home Loan Mortgage
Corporation, known as Freddie Mac (OTCBB: FMCC) --
http://www.FreddieMac.com/-- was established by Congress in        


1970 to provide liquidity, stability and affordability to the
nation's residential mortgage markets.  Freddie Mac supports
communities across the nation by providing mortgage capital to
lenders.  Over the years, Freddie Mac has made home possible for
one in six homebuyers and more than five million renters.

Freddie Mac is under conservatorship and is dependent upon the
continued support of Treasury and the Federal Housing Finance
Agency acting as conservator to continue operating its
business.


FIRST ONE HUNDRED: Files Full-Payment Plan
------------------------------------------
First One Hundred LLC filed with the U.S. Bankruptcy Court for the
Southern District of Florida a plan of reorganization and
accompanying disclosure statement proposing for the sale of the
Debtors' real properties and paying secured and unsecured creditors
a distribution of 100% of their allowed claims.

The Debtor owns these real properties, located in Orlando,
Florida:

   a. Apartment Building located at 2016 Orange Center Blvd,
Orlando, FL 32805;

   b. Apartment Building located at 2026 Orange Center Blvd,
Orlando, FL 32805;

   c. Apartment Building located at 2040 Orange Center Blvd,
Orlando, FL 32805;

   d. Apartment Building located at 2100 Orange Center Blvd,
Orlando, FL 32805;

   e. Apartment Building located at 2126 Orange Center Blvd,
Orlando, FL 32805;

   f. Apartment Building located at 800 S Tampa Ave, Orlando, FL
32805.

According to the Orange County, Florida property appraiser, the
market value of all of the Debtor's Real Properties totals
$864,042.  However, the Debtor believes that the actual market
value of the Real Properties is significantly higher.

Class 8 consists of all allowed unsecured general claims and is
unimpaired by this Plan. The class is comprised of the disputed
general unsecured claim asserted by PDQ Coolidge Formad, LLC, The
Savage Law Group, P.A., (scheduled claim - undisputed), and any
other alleged general unsecured claims against the Real Properties,
which claims are disputed.

The Debtor will be filing an objection to the claim of PDQ Coolidge
Formad, LLC, as no claim is owed to this claimant, and no
documentation to support the claim was attached to the Proof of
Claim.  The Debtor reserves the right to object to any other
general unsecured claims asserted against the Debtor.  Any allowed
secured claims by holders of Class 8 Claims, as adjudicated by the
Bankruptcy Court or agreed to between the parties, will be paid in
full at the closing of the sale of the Real Properties, which the
Debtor expects to take place prior to March 31, 2017.

A full-text copy of the Disclosure Statement dated Aug. 1, 2016, is
available at http://bankrupt.com/misc/flsb16-13973-65.pdf

The Debtor is represented by:

     Zach B. Shelomith, Esq.
     Ido J. Alexander, Esq.
     LEIDERMAN SHELOMITH ALEXANDER + SOMODEVILLA, PLLC
     2699 Stirling Road, Suite C401
     Fort Lauderdale, FL 33312
     Tel. 954.920.5355
     Fax. 954.920.5371
     Email: zbs@lsaslaw.com
            ija@lsaslaw.com

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


FIRSTENERGY NUCLEAR: S&P Lowers Rating on $46.3MM Bonds to BB+
--------------------------------------------------------------
S&P Global Ratings said that it both lowered and raised various
issue-level ratings on certain pollution control revenue refunding
bonds, issued by multiple development authorities with FirstEnergy
Nuclear Generation LLC (FENG) or FirstEnergy Generation LLC (FEG)
as obligors.  FirstEnergy Solutions Corp. provides an indirect
guarantee on these bonds.

"On Aug. 1, 2016, we lowered the corporate credit ratings on U.S.
unregulated power company FirstEnergy Solutions Corp. and its
affiliates to 'BB-' from 'BBB-'.  The rating action followed our
conclusion that the companies no longer have strategic importance
to parent FirstEnergy Corp., meaning we expect no parent support
going forward.  We believe the companies' business risk in
wholesale power markets is higher, reflecting our assessment of a
weaker competitive position, which is evident from the decline in
capacity factors and economic generation due to production costs
higher than regional peers," S&P said.

As a result of this rating action, ratings on all unsecured
obligations were lowered to 'BB-'.  However, issue-level ratings on
secured obligations are notched two above FirstEnergy Solutions'
'BB-' corporate credit rating based on S&P's '1' recovery score on
the senior secured debt at FENG and FEG, indicating S&P's
expectation for very high recovery (90%-100%) under a payment
default.

Most of the bonds being remarketed are currently issued on an
unsecured basis but are now being remarketed on a secured basis.
Three series of bonds were backed by a letter of credit (LOC) from
the Bank of Nova Scotia, which resulted in the 'A+' ratings
assigned to the bonds.  FirstEnergy Solutions Corp. has reoffered
the bonds on a senior secured basis with affiliates FENG or FEG as
obligors.  The FEG bonds, which currently have a bank LOC will be
subject to mandatory purchase on August 15, 2016, resulting in the
lowering of the rating from 'A+' to 'BB+', since the bank LOC will
be terminated.  S&P has assigned these bonds a '1' recovery rating.


Ratings on the other series of bonds are raised to 'BB+' from
'BB-' because they are now being refinanced on a secured basis.
S&P has revised the recovery rating on this debt to '1' from '3,'
because these now are secured obligations.

RATINGS LIST

Downgraded; Recovery Rating Assigned
                                            To          From
FirstEnergy Nuclear Generation LLC
$46.3 Mil Beaver County Poll PCRR Bonds     BB+/NR      A+/A-1
Recovery Rating                            1           NR
$25 Mil Beaver County PCRR Bonds            BB+/NR      A+/A-1
Recovery Rating                            1           NR
$15 Mil Penn Economic Dev Revenue Bonds     BB+/NR      A+/A-1
Recovery Rating                            1           NR

Upgraded; Recovery Rating Revised
                                            To          From
FirstEnergy Nuclear Generation LLC
$62.5 Mil Ohio Air Quality PCRR Bonds       BB+         BB-
Recovery Rating                            1           3L
$54.6 Mil Ohio Water Dev PCRR Bonds         BB+         BB-
Recovery Rating                            1           3L
$60 Mil Beaver County PCRR Bonds            BB+         BB-
Recovery Rating                            1           3L


FOODSERVICEWAREHOUSE.COM: Disclosure Approval Hearing on Aug. 31
----------------------------------------------------------------
Honorable Elizabeth W. Magner of the U.S. Bankruptcy Court for the
Eastern District of Louisiana scheduled a hearing to consider the
approval of FoodServiceWarehouse.com, LLC???s Chapter 11 Disclosure
Statement for August 31, 2016, at 9:00 a.m.

The last day for filing and serving written objections to said
Disclosure Statement is fixed on Aug. 24.

The following have been served with a copy of the order fixing
hearing on approval of disclosure statement:

     Barry W. Miller
     P. O . Box 86279
     Baton Rouge, LA 70879-6279
     Tel.: (225) 767-1499
     Fax : (225) 761-0706
     Email: bmiller@hellerdraper.com

     Greta M. Brouphy
     Heller, Draper, Patrick, Horn & Dabney
     650 Poydras Street
     Suite 2500
     New Orleans, LA 70130
     Tel.: (504) 299-3300
     Fax : (504) 299-3399
     Email: gbrouphy@hellerdraper.com

     U.S. Trustee
     Office of the U.S. Trustee
     Eastern District of Louisiana
     Texaco Center
     400 Poydras Street, Suite 2110
     New Orleans, LA 70130

          About FoodServiceWarehouse.com, LLC.

FoodServiceWarehouse.com, LLC sought protection under Chapter 11 of
the (Bankr. E.D. La. Case No. 16-11179) on May 20, 2016. The
petition was signed by Thomas Kim, chief restructuring officer. The
Debtor tapped Barry W. Miller, Esq., at Heller, Draper, Patrick,
Horn & Dabney, L.L.C., as counsel; r2 Advisors, LLC as financial
advisor; HyperAMS, LLC, as liquidation consultant; and Donlin,
Recano & Company, Inc. as its claims, noticing and solicitation
agent. The case is assigned to Judge Elizabeth Magner. The Debtor
estimated its assets and liabilities in the range of $10 million to
$50 million at the time of the filing.


FOREST PARK SOUTHLAKE: Hearing on Plan & Outline Set for Aug. 18
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas has
approved, on a conditional basis, the Disclosure Statement
describing Forest Park Medical Center at Southlake, LLC's First
Amended Plan of Liquidation.

A combined hearing will be held on Aug. 18, 2016, at 9:30 a.m.
(prevailing Central Time) to consider entry of an order, among
other things, determining that the Disclosure Statement contains
"adequate information", and to consider the confirmation of the
Plan.

As reported by the Troubled Company Reporter on Aug. 1, 2016, the
Debtor filed its First Amended Disclosure Statement in support of
the First Amended Plan of Liquidation, which proposes that holders
of Class 4 Allowed General Unsecured claims will receive in full
satisfaction, settlement, release, and discharge of and in exchange
for the Claims, a beneficial interest in the Liquidation Trust.

Objections to the adequacy of the Disclosure Statement and
confirmation of the Plan must be filed by 4:00 p.m. Prevailing
Central Time on Aug. 11, 2016.

Ballots must be executed, completed, and cast by 4:00 p.m. (Central
Time) on Aug. 11, 2016.  The Debtor will not be required to
distribute ballots to any party not entitled to vote on the Plan,
unless that party files a motion for temporary allowance of a claim
under Bankruptcy Rule 3018 by Aug. 4, 2016.

If there are multiple objections filed with respect to the Plan and
the Disclosure Statement, the Debtor will be permitted to file a
single, consolidated reply to the objections, and any brief in
support of the Plan and adequacy of the Disclosure Statement by
Aug. 16, 2016.  The Debtor is authorized to file its witness and
exhibit list by noon on Aug. 16, 2016, and exchange such exhibits
by posting copies on the Debtors' website at
http://www.donlinrecano.com/fpmcsl

The Debtor is authorized to submit its proposed Findings of Fact
and Conclusions of Law no later than Aug. 16, 2016.  The Debtor is
authorized to file its written ballot summary no later than Aug.
17, 2016.

                 About Forest Park Medical Center

Forest Park Medical Center at Southlake, LLC, owns and operates a
54 private bed state-of-the-art medical facility, including 10
family suites and 6 intensive care beds, located at 421 East Texas
114 Frontage Road, Southlake, Texas, and commonly known as Forest
Park Medical Center at Southlake.  The Hospital is a licensed, full
service, acute-care medical facility with an emergency room, full
service imaging and lab, twelve operating rooms and two procedure
rooms.  The Hospital provides all manner of in-patient and
out-patient services and treatments, including primarily elective
scheduled out-patient surgery.  The Hospital was opened in June
2013, and since that time has performed over 15,000 surgeries and
provided non-surgical procedures, x-rays, lab work, ER, and related
services to numerous other patients.

Forest Park Medical Center at Southlake, LLC, filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 16-40273) on Jan.
19, 2016.  Charles Nasem, the CEO, signed the petition.  Judge
Russell F. Nelms has been assigned the case.

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

Haynes and Boone, LLP, serves as counsel to the Debtor.


FRANK MOULTRIE: Disclosure Statement Hearing on Aug. 29
-------------------------------------------------------
In light of the filing by Frank Moultrie of a disclosure statement
on July 27, 2016, Judge Tamara O. Mitchell set:

   * a hearing to consider the approval of the Disclosure Statement
at Courtroom #3, Robert S. Vance Federal Building, 1800 5th Avenue
North, Birmingham, Alabama on Aug. 29, 2016, at 11:00 a.m.

  * Aug. 22, 2016 as the last day for filing and serving in
accordance with Fed. R. Bankr. P. 3017(a) written objections to the
Disclosure Statement.

The Chapter 11 case is In re Frank Moultrie (Bankr. N.D. Ala. Case
No. 16-00574).



FUTURE HEALTHCARE: Incurs $49,000 Net Loss in Second Quarter
------------------------------------------------------------
Future Healthcare of America filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
available to common shareholders of $49,176 on $1.01 million of
total revenue for the three months ended June 30, 2016, compared to
a net loss available to common shareholders of $157,114 on $971,772
of total revenue for the same period last year.

For the six months ended June 30, 2016, the Company reported a net
loss available to common shareholders of $32,232 on $2.06 million
of total revenue compared to a net loss available to common
shareholders of $406,798 on $1.90 million of total revenue for the
six months ended June 30, 2015.

As of June 30, 2016, Future Healthcare had $998,410 in total
assets, $1.49 million in total liabilities and a $496,352 total
stockholders' deficit.

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

                      https://is.gd/edrE91

                     About Future Healthcare

Pittsburgh, Pennsylvania-based Future Healthcare of America (FHA)'s
wholly owned subsidiary Interim Healthcare of Wyoming, Inc.
(Interim) is an independent franchisee of Interim HealthCare that
provides a wide range of visiting nurse services to the elderly,
wounded and sick.  Interim is one of the 300 independent home
health agencies that comprise the Interim HealthCare network,
operating primarily in Wyoming and Montana.

Future Healthcare reported a net loss of $249,319 on $4 million of
revenue for the year ended Dec. 31, 2015, compared to a net loss of
$1.56 million on $3.81 million of revenue for the year ended Dec.
31, 2014.

Gregory & Associates, LLC, in Salt Lake City, Utah, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has incurred
losses, an accumulated deficit and has a short-term note payable in
excess of anticipated cash.


GAS-MART USA: Unsecureds to Get 0.62% Under Committee Plan
----------------------------------------------------------
The official committee of unsecured creditors of Gas-Mart USA,
Inc., filed with the U.S. Bankruptcy Court for the Western District
of Missouri its latest disclosure statement detailing the company's
Chapter 11 plan of liquidation.

The liquidating plan proposes the formation of a so-called creditor
trust for the benefit of general unsecured creditors and other
claimants of the company.

Gas-Mart's general unsecured creditors assert a total of $26.204
million in claims.  The committee cannot yet determine the exact
amount that will be paid to general unsecured creditors but it says
that the estimated percentage recovery of their claims is 0.62%
under the plan.

A copy of the latest disclosure statement is available for free at

http://bankrupt.com/misc/Gas-Mart_1DS07212016.pdf

                    About Gas-Mart USA, Inc.

Gas-Mart USA, Inc., is a Missouri corporation and was founded in
1995 and completed construction on its first store in early 1996.
Aving-Rice, LLC, is an Illinois limited liability company.  Fran
Transport & Oil Company is a Kansas corporation.  G&G Enterprises,
LLC, is a Kansas limited liability company.  Fuel Services Mart,
Inc., is an Illinois corporation.

With locations in Iowa, Illinois, Indiana, Nebraska and Wisconsin,
Gas-Mart and Aving-Rice operated 22 and 20 stores, respectively.
Gas-Mart also owned and operated a wholesale fuel business,
distributing gasoline and diesel to other C-Stores as well as other
third party commercial ventures.  As of the Petition Date, G&G
owned and leased ATM's to the 42 Gas-Mart and Aving-Rice locations
as well as certain Phillips locations in the greater Kansas City
Area.

Gas-Mart USA, Inc., Aving-Rice, LLC, Fran Transport & Oil Company,
and G&G Enterprises, LLC, sought Chapter 11 bankruptcy protection
(Bankr. W.D. Mo. Lead Case No. 15-41915) in Kansas City, Missouri,
on July 2, 2015.

Gas-Mart and Aving-Rice own and operate gasoline
station/conveniences stores.  With locations in Iowa, Illinois,
Indiana, Nebraska, and Wisconsin, Gas-Mart and Aving Rice operate
22 and 20 stores, respectively, as of the Petition Date. G&G owns
and leases ATM's to the 42 Gas-Mart and Aving-Rice locations as
well as certain ConocoPhillips locations in the greater Kansas City
Area.  Fran is a fuel hauling business located in and serving
Kansas City.

On Oct. 6, 2015, an order for relief under 11 U.S.C. Chapter 11 was
entered for the debtor Fuel Services Mart, Inc.  FSM filed as
motion for an order directing that certain Orders in In re Gas-Mart
USA., et al. be made applicable to FSM.

Judge Arthur B. Federman presides over the Chapter 11 cases.

The Debtors tapped Stinson Leonard Street LLP as attorneys;
Polsinelli PC as special counsel; Brown & Ruprecht, PC, as
Conflicts counsel; and Frank Wendt as special conflicts counsel.

Gas-Mart estimated $10 million to $50 million in assets and debt.

In July, Daniel Casamatta, acting U.S. trustee, appointed seven
creditors to serve on Gas-Mart's official committee of unsecured
creditors.  The committee is represented by Freeborn & Peters LLP,
in Chicago, Illinois.


GASTAR EXPLORATION: Global Undervalued Holds 6.2% Stake
-------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Global Undervalued Securities Master Fund, L.P.,
Kleinheinz Capital Partners, Inc., and John B. Kleinheinz disclosed
that as of Aug. 1, 2016, they may be deemed to beneficially own in
the aggregate 8,125,000 shares of Common Stock of Gastar
Exploration Inc.  Based on a total of 131,729,051 outstanding
shares of Common Stock, as reported in the Company's Form 424B5,
dated May 13, 2016, the Reporting Persons' shares represent
approximately 6.168% of the outstanding shares of Common Stock.

A full-text copy of the regulatory filing is available at:

                   https://is.gd/6kdXye

                 About Gastar Exploration

Gastar Exploration Inc. is an independent energy company engaged in
the exploration, development and production of oil, condensate,
natural gas and natural gas liquids in the United States.  Gastar's
principal business activities include the identification,
acquisition, and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays.  In Oklahoma, Gastar is developing
the primarily oil-bearing reservoirs of the Hunton Limestone
horizontal play and is testing other prospective formations on the
same acreage, including the Meramec Shale and the Woodford Shale,
which is referred to as the STACK Play and emerging prospective
plays in the shallow Oswego formation and in the Osage formation, a
deeper bench of the Mississippi Lime located below the Meramec
Shale.  In West Virginia, Gastar has developed liquids-rich natural
gas in the Marcellus Shale and has drilled and completed two
successful dry gas Utica Shale/Point Pleasant wells on its acreage.
Gastar has entered into a definitive PSA to sell substantially all
of its assets and proved reserves and a significant portion of its
undeveloped acreage in the Appalachian Basin.  For more
information, visit Gastar's Web site at http://www.gastar.com/    


Gastar Exploration reported a net loss attributable to common
stockholders of $473.98 million for the year ended Dec. 31, 2015,
compared to net income attributable to common stockholders of
$36.52 million for the year ended Dec. 31, 2014.

                      *      *      *

As reported by the TCR on March 15, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on U.S.-based oil and
gas exploration and production (E&P) company Gastar Exploration
Inc. to 'CCC-' from 'CCC+'.  The downgrade follows Gastar's
announcement that it had just $29 million of cash on hand and a
fully drawn revolver.  The company's borrowing base current stands
at $180 million, but will be reduced to $100 million at the earlier
of the close of the Appalachian asset sale or April 10, 2016.
Proceeds from the Appalachian asset sale are expected to be $80
million.

As reported by the TCR on June 2, 2016, Moody's Investors Service
downgraded the Corporate Family Rating of Gastar Exploration Inc to
Caa3 from Caa1, the rating on its senior secured notes due 2018 to
Caa3 from Caa2, and the speculative grade liquidity (SGL) to SGL-4
from SGL-3.  The rating outlook was changed to negative from
stable.  The downgrade of Gastar's CFR to Caa3 reflects the
company's weakened liquidity and reduced size following the sale of
its Appalachian assets in April 2016.


GENERAL COMMUNICATION: Egan-Jones Gives 'B' Sr. Unsecured Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company assigned B senior unsecured ratings on
debt issued by General Communication Inc on July 19, 2016.  EJR
also gave a B rating on commercial papers issued by the Company.

General Communication Inc. is a telecommunications corporation
operating in Alaska. Through its own facilities and agreements with
other providers, GCI provides cable television service, Internet
access, and Wireline and cellular telephone service.


GENESIS HEALTHCARE: S&P Affirms and Withdraws CCR on Debt Repayment
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Genesis Healthcare Inc. after the company repaid all of its rated
debt on July 29, 2016, with a new unrated credit facility.  The
outlook is stable.

S&P subsequently withdrew the 'B-' corporate credit rating on
Genesis Healthcare at the issuer's request, following the repayment
of the rated debt.

In addition, S&P withdrew the 'B' issue-level and '2' recovery
ratings on the company's senior secured debt.


GREAT BASIN: Extends Spring Forth Note Maturity to July 2017
------------------------------------------------------------
Great Basin Scientific, Inc., entered into an amendment to the
Spring Forth Promissory Note with Spring Forth Investments, LLC on
Aug. 4, 2016, to extend the maturity date of a $500,000 promissory
note issued by the Company to Spring Forth in connection with a
loan provided by Spring Forth to the Company from July 18, 2016 to
July 18, 2017.  The effective date of the Amendment is July 18,
2016.

            Unregistered Sales of Equity Securities

On July 13 and July 27, 2016, certain holders of Great Basin
Scientific Inc.'s senior secured convertible notes issued on
Dec. 30, 2015, submitted notices to accelerate previously deferred
amortization payments under the 2015 Notes and convert the
accelerated payments on the 2015 Notes into shares of the Company's
common stock pursuant to Section 3(a)(9) of the United States
Securities Act of 1933, as amended.  In connection with these
conversions, the Company issued 79,051 shares of common stock upon
the conversion of $106,171 principal amount of 2015 Notes at a
conversion price of $1.34.

On July 29, 2016 in accordance with the terms of the 2015 Notes the
Company issued additional shares of the Company's common stock
pursuant to Section 3(a)(9) of the United States Securities Act of
1933, as amended, to adjust the previously converted amortization
and accelerated amounts for the actual conversion price calculated
as of the amortization date of July 29, 2016.  Pursuant to these
adjustment terms the Company issued an additional 2,636,861 shares
of common stock at a conversion price of $0.47 per share and
adjusted the principal and amortization payment amount converted to
$3,694,814.

On August 2 through Aug. 4, 2016, certain holders of the 2015 Notes
were issued shares of the Company's common stock pursuant to
Section 3(a)(9) of the United States Securities Act of 1933, as
amended) in connection with the pre-installment amount converted
for the amortization date of Aug. 31, 2016.  In connection with the
pre-installments, the Company issued 11,447,345 shares of common
stock upon the conversion of $4,469,043 principal amount of 2015
Notes at a conversion price of $0.39.

The Company previously filed an 8-K on July 14, 2016 and reported
12,409,233 shares outstanding.  The Company has since issued
14,163,257 shares, therefore as of Aug. 4, 2016, there are
26,572,490 shares of common stock issued and outstanding.

         Modifications to Rights of Security Holders

On July 29, 2016, the Company adjusted the conversion price of the
2015 Notes pursuant to the terms of the 2015 Notes The conversion
price was adjusted from $1.34 to $0.47.

On Aug. 2, 2016, the Company adjusted the conversion price of the
2015 Notes pursuant to the terms of the 2015 Notes.  The conversion
price was adjusted from $0.47 to $0.39.

                   Class A and Class B Warrants

As of Aug. 2, 2016, the Company had outstanding Class A Warrants to
purchase 755 shares and Class B Warrants to purchase 640 shares of
common stock of the Company.  The Class A and Class B Warrants
include a provision which provides that the exercise price of the
Class A and Class B Warrants will be adjusted in connection with
certain equity issuances by the Company.  The consummation of the
Conversions triggers an adjustment to the exercise price of the
Class A and Class B Warrants.  Therefore, on July 29, 2016, the
exercise price for the Class A and Class B Warrants was adjusted
from $1.34 per share of common stock to $0.47 per share of common
stock, and on Aug. 2, 2016, the exercise price for the Class A and
Class B Warrants was adjusted from $0.47 per share of common stock
to $0.39 per share of common stock.

                     Common Stock Warrants

As of Aug. 2, 2016, the Company had outstanding certain common
stock warrants to purchase 18 shares of common stock of the
Company.  As a result of the Conversions, on July 29, 2016, the
exercise price for certain Common Warrants was adjusted from $1.34
per share of common stock to $0.47 per share of common stock, and
on Aug. 2, 2016, the exercise price for certain Common Warrants was
adjusted from $0.47 per share of common stock to $0.39 per share of
common stock.

                        Series B Warrants

As of Aug. 2, 2016, the Company had outstanding Series B Warrants
to purchase 530 shares of common stock of the Company.  The Series
B Warrants include a provision which provides that the exercise
price of the Series B Warrants will be adjusted in connection with
certain equity issuances by the Company.  The consummation of the
Conversions triggers an adjustment to the exercise price of the
Series B Warrants.  Therefore, on July 29, 2016, the exercise price
for the Series B Warrants was adjusted from $4,069.98 per share of
common stock to $3,918.80 per share of common stock.  On Aug. 2,
2016, the exercise price for the Series B Warrants was adjusted
from $3,918,80 per share of common stock (taking into account the
Company???s recent 35 for 1 reverse stock split) to $3,726.05 per
share of common stock.

                       Series G Warrants

As of Aug. 2, 2016, the Company had outstanding Series G Warrants
to purchase 3,160,000 shares of common stock of the Company.  The
Series G Warrants include a provision which provides that the
exercise price of the Series G Warrants will be adjusted in
connection with certain equity issuances by the Company.  The
consummation of the Conversions triggers an adjustment to the
exercise price of the Series G Warrants.  Therefore, on July 29,
2016, the exercise price for the Series G Warrants was adjusted
from $1.34 per share of common stock to $0.47 per share of common
stock and on Aug. 2, 2016, the exercise price for the Series G
Warrants was adjusted from $0.47 per share of common stock to $0.39
per share of common stock.

                         About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of March 31, 2016, Great Basin had $27.6 million in total
assets, $70.99 million in total liabilities, and a total
stockholders' deficit of $43.4 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern.


GULF FINANCE: S&P Assigns 'B+' CCR, Outlook Stable
--------------------------------------------------
S&P Global Ratings said that it assigned its 'B+' corporate credit
rating to Gulf Finance LLC.  The outlook is stable.  S&P also
assigned its 'BB-' issue-level rating to the company's proposed
$1.2 billion senior secured term loan B.

The recovery rating on the term loan B is '2', indicating S&P's
expectation for substantial (70% to 90%; lower half of the range)
recovery in a default scenario.

The 'B+' rating reflects a fair business risk profile and a highly
leveraged financial risk profile.

The fair business risk profile is based on Gulf Finance's
relatively strong market position, increased scale, and the long
tenor of its counterparties, but offset by limited contract life on
storage facilities and relatively limited diversity.  In the
storage and transportation businesses, S&P sees contract lives that
are generally under one year, which contrasts with more thoroughly
contracted issuers.  S&P anticipates that the combination of the
businesses will provide some level of cost synergies and make the
new operation somewhat more efficient by 2017, noting that these
are highly complementary assets.

"The highly leveraged financial risk profile is based on debt to
EBITDA that we expect to approach 5.5x initially and then remain at
about 5x throughout the forecast period.  The relatively high
amount of leverage initially placed on the issuer could come down
over time as a result of the nature of the debt, which includes a
75% cash flow sweep.  We believe these ratios embed the risks of
underperformance in weak commodity cycles.  Additionally, ownership
by ArcLight Capital, deemed a financial sponsor under our criteria,
may limit the improvement in the financial risk profile over time
even with better metrics, depending on what future plans for this
entity might be," S&P said.

The newly formed entity, which will subsume both Penn Products and
Chelsea Petroleum Products, will have a significant footprint in
the NorthEastern U.S. refined product storage business.  Gulf will
now participate materially in the storage, transportation, and
branded and unbranded sales businesses, and will broaden the
geographic spread somewhat, as both were somewhat concentrated
before.  Gulf will now own 17 terminals, and have about 14 million
barrels of storage capacity at close, increasing throughput and
volume considerably.

"The new entity's relatively focused geographic scope exposes it to
regional economics to a greater degree than a more diversified
provider of similar services, and its absence of long-term storage
contracts offers less visibility into its cash flows as we get
further into our forecast period, introducing considerable
recontracting risk if its competitive advantage erodes over time,"
said S&P Global Ratings credit analyst Michael Ferguson.

Contract lengths vary, with branded contracts having a weighted
average of about seven years and unbranded contracts less than one
year, while storage and transportation agreements are generally
shorter term in nature.

However, Gulf's former subsidiaries have also demonstrated some
pricing resiliency with its long-time customers in recent years.
Although S&P has seen considerable fluctuation in oil prices during
the past year, the issuer is mostly immune to these due to a
hedging strategy that is designed to prevent exposure to a price
fluctuations.  This has resulted in profitability that has been
robust in most years, but can be undercut by lower volumes, which
was borne out in late 2015 and early 2016 at the Penn Products
level.

Recognizing that EBITDA volatility at certain of the assets has
been high historically, the company has mitigated commodity price
risk to a degree by hedging its long refined product exposure
inherent in its inventory with short front-month futures contracts.
Under the new management, Gulf plans to modify its hedging
strategy to attempt to reduce further the price volatility, as well
as lower its inventory holdings.

The stable outlook on Gulf Finance reflects S&P's expectation that
debt to EBITDA will exceed 5x during the next two years, based on
relatively stable storage rates and volumes.  S&P anticipates that
there will be certain synergies associated with the merger of the
combined enterprises.


GULFCOAST SPECIALTY: Files Plan to Exit Chapter 11 Protection
-------------------------------------------------------------
GulfCoast Specialty Products & Services, Inc., filed with the U.S.
Bankruptcy Court for the Northern District of Florida its proposed
plan to exit Chapter 11 protection.

Under the restructuring plan, Class 3 general unsecured creditors
will receive their pro rata share of a monthly payment of $5,000 at
5.1% for a period of 10 years beginning January 25, 2017, according
to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/GulfCoastSpecialty_1stDS07162016.pdf

GulfCoast is represented by:

     Shiraz A. Hosein, Esq.
     Anchors Smith Grimsley, PLC
     909 Mar Walt Drive, Suite 1014
     Fort Walton Beach, FL 32547
     Telephone: (850) 863-4064
     Facsimile: (850) 664-5728
     Email: sahosein@asglegal.com

                    About GulfCoast Specialty

GulfCoast Specialty Products & Services, Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N. D. Fla. Case No.
15-31056) on October 19, 2015.  The petition was signed by Wayne A.
Bernheisel, president.  

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


HARBOR FREIGHT: S&P Affirms 'BB-' CCR, Outlook Stable
-----------------------------------------------------
S&P Global Ratings affirmed all of its ratings on Calabasas,
Calif.-based tool and equipment retailer Harbor Freight Tools USA
Inc. (HFT), including the 'BB-' corporate credit rating.  The
outlook is stable.

At the same time, S&P assigned a 'BB-' issue-level rating to the
proposed $2.2 billion senior secured term loan due 2023, which will
repay the existing $1 billion term loan ($865 million outstanding
as of April 30, 2016).  The '3' recovery rating on the proposed
facility indicates S&P's expectation for meaningful recovery, at
the lower end of the 50% to 70% range in the event of a payment
default.  As part of the refinancing, the company increased the
unrated asset-based lending (ABL) revolving credit facility due
2021 to $700 million from $550 million, which will be partially
drawn to fund the proposed dividend.

"The affirmation reflects our expectation that debt leverage will
decline to under 4x over the next 12 months from EBITDA growth and
debt repayment with cash flow generation.  Pro forma for the
proposed transaction, debt to EBITDA was 4.7x as of the third
quarter ended April 30, 2016 (versus about 4.2x based on S&P's
assumptions for fiscal year 2016 ended July 31).  The company's
growth strategy has accelerated over the past three years--the
store base increased to more than 680 stores from 445 stores in
fiscal 2013," said credit analyst Samantha Stone.  "We expect the
company will continue to manage expenses and promotions while
expanding into existing and new markets.  Although same-store sales
growth has declined because of cannibalization, the rating assumes
same-store sales growth will remain positive as management refines
its pricing and promotional strategies."

The stable rating outlook reflects S&P's expectation that HFT's
debt leverage will be under 4x over the next 12 months, based on
revenue and profit growth from new store development and cost
management.  S&P believes the company will continue to manage
leverage below 4x in order to retain sufficient prospects for
access to capital markets to continue its practice of periodic
large dividend payouts.

S&P would consider a negative rating action if debt leverage
remains above 4x over the next 12 months after the proposed
transaction closes.  This scenario could be the result of
weaker-than-anticipated operating performance, potentially caused
by increased competition and poor execution or management missteps
from store expansion that result in negative same-store sales, and
a decline in gross margins and cash flow.  Under this scenario, a
decline in EBITDA margins by roughly 270 basis points would result
in leverage of about 4.7x

A rating upside is highly unlikely over the next 12 months based on
S&P's assumptions for credit metrics and operating performance.
Longer term, S&P could raise the rating on HFT if the company's
financial policies moderate such that debt repayment would take a
priority over dividends.  At that point, S&P would consider the
company's financial policy as neutral.  Positive rating
consideration would also include meaningful growth in scale and
profitability in addition to maintain high operating margins as the
company continues to expand.


HARPER & ASSOCIATES: To Set Aside $30K to Pay Unsecured Creditors
-----------------------------------------------------------------
Harper & Associates Insurance, Inc., will set aside $30,000 to pay
general unsecured creditors, according to its proposed Chapter 11
plan of reorganization.

The plan proposes to pay general unsecured creditors in Class 3
their pro rata share of $30,000, to be paid over 60 months with
interest at 3%.

Payment to Class 3 general unsecured creditors will depend on
whether or not the unsecured claim of Ashland General Agency, Inc.
will be allowed in a greater amount.

Ashland asserts a $297,568 unsecured claim, which is being disputed
by the company.  The plan classifies the claim in Class 2 and
proposes to pay an additional $20,000 to Ashland, which has already
been paid $70,000.

If Ashland's claim is allowed in a greater amount, the pro rata
recovery of Class 3 general unsecured creditors will be reduced,
according to Harper & Associates' disclosure statement detailing
the proposed plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/Harper&Assoc_DS07212016.pdf

Harper & Associates is represented by:

     Richard M. Gaal, Esq.
     McDowell Knight Roedder & Sledge LLC
     P.O. Box 350
     Mobile, Alabama 36601
     Telephone: (251) 432-5300
     Email: rgaal@mcdowellknight.com

                    About Harper & Associates

Harper & Associates Insurance, Inc. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Ala. Case No. 15-03160) on
September 25, 2015.


HCSB FINANCIAL: Posts $9.91 Million Net Income for Second Quarter
-----------------------------------------------------------------
HCSB Financial Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
available to common shareholders of $9.91 million on $3.05 million
of total interest income for the three months ended June 30, 2016,
compared to a net loss available to common shareholders of $703,000
on $3.50 million of total interest income for the same period in
2015.

For the six months ended June 30, 2016, the Company reported net
income available to common shareholders of $6.63 million on $6.04
million of total interest income compared to a net loss available
to common shareholders of $798,000 on $6.84 million of total
interest income for the six months ended June 30, 2015.

As of June 30, 2016, the Company had $382 million in total assets,
$345 million in total liabilities, and $37.3 million in total
shareholders' equity.

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

                   https://is.gd/Nf0QYa

                   About HCSB Financial

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

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

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


HEARING HELP: Plan Outline Okayed, Confirmation Hearing on Aug. 31
------------------------------------------------------------------
A hearing to consider approval of Hearing Help Express Inc.'s
Chapter 11 plan of reorganization is set to be held on August 31,
according to court filings.

Hearing Help had earlier obtained approval for its disclosure
statement from the U.S. Bankruptcy Court for the Northern District
of Illinois.  The order issued on July 26 allowed the company to
start soliciting votes from creditors.  

The July 26 order signed by Judge Thomas Lynch also gave the
thumbs-up to the disclosure statement detailing a rival
restructuring plan for Hearing Help proposed by Better Hearing LLC,
a secured creditor.

Under the rival plan, Better Hearing and another secured creditor
CAN Capital will get 73% of their claims while general unsecured
creditors will get 17.3% to 84.7%.  The rival plan will be
considered for approval at the August 31 hearing.   

Creditors have until August 22 to file objections to the proposed
plans and until August 19 to cast their votes, according to court
filings.

                        About Hearing Help

Hearing Help Express, Inc., dba Hearing Help Express, dba Hear
Direct, dba Simply Batteries, dba Moolah by Mail, dba Eco-Gold
Batteries, dba Eco-Gold Hearing Products, dba Lotus Express, is
reputedly the largest United States mail order company marketing
hearing aids, batteries and related accessories directly to senior
citizens. HHE is an Illinois C-Corp. The family-controlled private
corporation has 90 shareholders, with the Hovis family owning the
majority (52.2%) of the shares.

Hearing Help Express sought protection under Chapter 11 of the
Bankruptcy Code on July 14, 2014 (Bankr. N.D. Ill. Case No.
14-82161).  The bankruptcy case is assigned to Judge Thomas M.
Lynch.  The petition was signed by James E. Hovis, CEO and chairman
of the Board.

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

The Debtor is represented by James E Stevens, Esq., at Barrick,
Switzer, Long, Balsley & Van Evera, in Rockford, Illinois.

Secured lender Better Hearing, LLC is represented by attorneys at
Howard & Howard, PLLC.  As of the Petition Date, BHL asserted
secured claims exceeding $2.4 million.


HELIOS GINER: Unsecured Creditors to Recover 45% Under Plan
-----------------------------------------------------------
Helios Giner and Nelly Jaramillo have filed a Chapter 11 plan that
provides that holders of allowed general unsecured claims will
receive a pro rata share of $10,000, which is approximately 45
cents on the dollar to be paid within 1 year of confirmation.

Helio Giner and Nelly Jaramillo are individuals who are retired and
receive social security.  They also receive monthly income from
investment properties located at 6241 Highland Gardens Dr. Las
Vegas, Nevada and 7204 Alta Drive Las Vegas, Nevada 89031.

Per the Debtor's valuation, the Highland Gardens property is valued
at $209,000, and the Alta Drive property is worth $123,000.  The
secured portions of the claims of U.S. Bank, National Association,
and Bank of New York will be paid with principal payments and
interest payments at 5.25% per annum fixed -- 360-month
amortization schedule.  The unsecured portions of the claims of
U.S. Bank and BNY will be reduced to $0 upon confirmation of the
Plan.

THe Debtors will retain their Investment Properties.

Payments and distributions under the Plan will be funded by the
Investment Properties rents and the Debtors' wage income as
required.

A copy of the Disclosure Statement dated July 29, 2016, is
available for free at:

        http://bankrupt.com/misc/H_Giner_81_DS.pdf

Helios Giner and Nelly Jaramillo filed a Chapter 11 petition
(Bankr. D. Nev. Case No. 15-15703) on Oct. 5, 2015.  The Debtors
have remained in possession of estate property pursuant to 11
U.S.C. Sec. 1107.


HIRAM COLLEGE: S&P Assigns BB Rating on 2015 Rev. Refunding Bonds
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB' long-term rating to the Ohio
Higher Educational Facility Commission's series 2015 higher
educational facility revenue refunding bonds, issued for Hiram
College.  The outlook is stable.

"The 'BB' rating reflects our view of the college's continued
negative operating performance on a full-accrual basis, declining
net tuition revenue, declining enrollment, and limited revenue
diversity," said S&P Global Ratings credit analyst Debra Boyd.

The stable outlook reflects S&P's expectation that during the
one-year outlook period, the college will see improvements in its
demand and specifically, its matriculation rates.


IAN CHAIT: Plan to Pay Off Creditors in Five Years
--------------------------------------------------
Real estate broker Ian Chait has filed a reorganization plan that
promises to pay off unsecured creditors in full in five years.

After closing his practice in November 2014, the Debtor began
working at Equity Arizona Real Estate, and believes that through
his continued success at Equity Arizona Real Estate he be able to
fund his Chapter 11 Plan.

The Debtor has an average monthly income of $8,300 and expenses of
$5,755.  Accordingly, the Debtor???s monthly net income available
for Creditors is $2,545.00.  The Debtor has created a Plan budget,
which reflects that the Debtor is able to pay his expenses and make
payments to his Creditors as required under the Plan.

After payment of priority and secured claims, the Debtor will make
annual payments to satisfy claims of his unsecured creditors.
Ultimately, the Debtor believes that over the five-year term of the
Plan, he will be able to maintain all secured and priority claim
payments and return a total of $15,000 to general unsecured
creditors.

A copy of the Disclosure Statement dated July 29, 2016, is
available at:

           http://bankrupt.com/misc/I_Chait_46_DS.pdf

                          About Ian Chait

The Debtor is a real estate broker licensed to practice in the
State of Arizona.  Ian Chait filed a Chapter 11 petition (Bankr. D.
Ariz. Case No. 16-02747) on March 18, 2016.  The Debtor tapped
Thomas I Allen, Esq., at Allen Barnes & Jones, PLC, as counsel.

Debtor's attorneys:

         Thomas H. Allen
         Khaled Tarazi
         ALLEN BARNES & JONES, PLC
         1850 N. Central Ave., Suite 1150
         Phoenix, AZ 85004
         Tel: (602) 256-6000
         Fax: (602) 252-4712
         E-mail: tallen@allenbarneslaw.com
                 ktarazi@allenbarneslaw.com


ICE THEATERS: Unsecured Creditors to Get 57% Under Plan
-------------------------------------------------------
Ice Theaters, LLC, filed with the U.S. Bankruptcy Court for the
Northern District of Illinois its latest disclosure statement
detailing the company's Chapter 11 plan.

The plan calls for liquidation of properties owned by the company
and proposes to use the proceeds first to pay administrative claims
in full.  After the payment is completed, the remaining amount will
be used to pay general unsecured creditors on a pro rata basis.

Under the plan, the estimated percentage recovery of Class 2
general unsecured claims is 57%.

The plan will be funded using, among other things, net receipts
from the sale of Ice Theaters' real property, which closed on March
18, 2016.  All creditors holding claims secured by the property
were paid in full at closing, according to the disclosure
statement.

A copy of the latest disclosure statement is available for free at

http://bankrupt.com/misc/IceTheaters_1DS07212016.pdf

                        About Ice Theaters

Ice Theaters, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Ill. Case No. 15-26965) on Aug. 6, 2015, estimating
its assets and liabilities at between $1 million and $10 million
each.  The petition was signed by Donzell Starks, manager.  

Judge Pamela S. Hollis presides over the case.  The Debtor is
represented by John F. Hiltz, Esq., and Blair R. Zanzig, Esq., at
Hiltz & Zanzig LLC.

Ice Theaters is headquartered in Chicago, Illinois.  For a number
of years, it owned and operated a movie theater located at 3330
West Roosevelt Road, Chicago, Illinois 60624.  It ceased theater
operations in December of 2013 and has since rented space in the
former theater to a variety of church and civic groups on an ad hoc
basis.  As of the Petition Date, its principal asset consisted of
real property and improvements located on the real property.


IHEARTCOMMUNICATIONS INC: Incurs $279 Million Net Loss in Q2
------------------------------------------------------------
IHeartcommunications, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to the Company of $279 million on $1.61 billion of
revenue compared to a net loss attributable to the Company of $54.5
million on $1.59 billion of revenue for the three months ended June
30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to the Company of $367 million on $2.98 billion
of revenue compared to a net loss attributable to the Company of
$439 million on $2.94 billion of revenue for the same period last
year.

As of June 30, 2016, the Company had $13.3 billion in total assets,
$24.3 billion in total liabilities and a total shareholders'
deficit of $10.9 billion.

"We continue to execute on the right strategies to efficiently
leverage our growing capabilities as a multi-platform, 21st-century
media and entertainment company," said Bob Pittman, chairman and
chief executive officer.  "Across our broadcast radio, digital,
social, mobile and events platforms with their growing audiences,
we are creating even more powerful marketing solutions for our
partners.  Because we believe that it is critical to do business in
the same way that the advertising industry does today, we are
extending our automated, data-infused ad-buying initiatives with
digital radio's first programmatic private marketplace.  This
enables buyers to access iHeartRadio's premium inventory and target
iHeartRadio's audience using a combination of first- and
third-party data segments.  At both Americas outdoor and
International outdoor, our investments in innovative digital
technologies and our ability to win new contracts are providing the
creative solutions and flexibility our advertising partners want to
reach consumers who are increasingly spending more time out of
home."

"We're pleased with the results we have achieved this quarter, with
iHeartMedia extending its growth momentum, Americas outdoor
improving its operating performance and International outdoor
delivering an overall increase in revenues." said Rich Bressler,
president, chief operating officer and chief financial officer. "We
continue to invest in strengthening our businesses - particularly
in enhancing our offerings for consumers and developing innovative
marketing solutions for advertisers and agencies, while maintaining
our focus on tight operating and financial discipline.  These
results provide us with the continued flexibility to manage our
capital structure in a prudent manner, allowing us to keep
evaluating opportunities to strengthen our balance sheet and our
businesses."

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

                      https://is.gd/R3Hufd

                    About iHeartCommunications

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

IheartCommunications reported a net loss attributable to the
Company of $755 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to the
Company of $793.76 million on $6.31 billion of revenue for the
year ended Dec. 31, 2014.

                       Bankruptcy Warning

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

                            *    *    *

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


IMPAX LABORATORIES: Moody's Rates New Secured Credit Facility Ba2
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to the new senior
secured credit facility of Impax Laboratories, Inc. (Impax). All
other ratings have been affirmed, including the B1 Corporate Family
Rating. The outlook is stable.

The proceeds of the new term loan in combination with existing cash
on hand have been used to fund the acquisition of a portfolio of
generic products from Teva Pharmaceutical Industries Ltd. and
affiliates of Allergan plc.

Moody's withdrew the rating on the existing revolving credit
facility upon termination.

Ratings assigned:

$200 million senior secured revolving credit facility due 2021, Ba2
(LGD2)

$400 million senior secured Term Loan A due 2021, Ba2 (LGD2)

Ratings affirmed:

Corporate Family Rating, B1

Probability of Default Rating, B1-PD

Speculative Grade Liquidity Rating, SGL-1

Ratings withdrawn:

$100 million senior secured revolving credit facility due 2020, Ba1
(LGD1)

The outlook is stable.

RATINGS RATIONALE

The B1 Corporate Family Rating reflects Impax's modest size and
scale in the rapidly consolidating generic drug industry, which
faces pricing pressure and increasing legal and regulatory costs.
The ratings are supported by Impax's modest adjusted debt to
EBITDA, which Moody's estimates will be 3.2x pro forma for the
acquisition of the Teva/Allergan products. The ratings are
supported by relatively good product diversity as well as the
potential for strong revenue and earnings growth from key products
in its pipeline.

The SGL-1 reflects Moody's expectation of very good liquidity over
the next 12 months. This is supported by cash balances expected to
remain above $150 million, an undrawn $200 million revolving credit
facility and ample cushion under the financial covenant.

The stable outlook balances Impax's moderate financial leverage
with the potential for some business volatility given the nature of
the generics industry.

Moody's could upgrade the ratings if Impax successfully launches
key products in its generic pipeline, and can successfully market
and grow Rytary. Further, if Moody's expects the company to
maintain adjusted debt to EBITDA below 3.0x while generating free
cash flow to debt above 15%, the ratings could be upgraded. Moody's
could downgrade the ratings if the company experiences significant
disruption to any of its key products or competitive pressures or
pursues large debt-funded acquisitions such that adjusted debt to
EBITDA is expected to increase above 4.0x.

Impax Laboratories, Inc., headquartered in Hayward, CA, is a
specialty generic and branded pharmaceutical producer operating in
the US. Impax generated $943 million of revenues for the twelve
month period ended March 31, 2016.


INNOVATION VENTURES: S&P Raises CCR to 'B+', Outlook Stable
-----------------------------------------------------------
S&P Global Ratings said that it raised its corporate credit rating
on Farmington Hills, Mich.-based Innovation Ventures LLC to 'B+'
from 'B'.  The rating outlook is stable.

At the same time, S&P assigned its 'BB' issue-level rating and '1'
recovery rating to Innovation Ventures' proposed $25 million
revolving credit facility due 2020 and $500 million term loan due
2021.  The recovery rating is '1', indicating the prospect for very
high recovery (90% to 100%) of principal in the event of a payment
default.

S&P also assigned 'B-' issue-level rating and '6' recovery rating
to Innovation Ventures' proposed $400 million senior unsecured
notes due 2021.  The recovery rating is '6', indicating the
prospect of negligible recovery (0% to 10%) of principal in the
event of a payment default.  Innovation Ventures and Innovation
Ventures Finance Corp. are coissuers of the senior unsecured debt.

S&P will withdraw the existing ratings on the company's senior
secured notes due 2019 after the transaction closes and the notes
have been fully repaid.  S&P estimates that the company's pro forma
reported debt will be $900 million when the transaction closes.

"The upgrade reflects our view that the sale of Innovation Ventures
to Renew Group Private Ltd. only modestly increases Innovation
Ventures' leverage to just over 3x (from below 2x) and it provides
better clarity on how the company will allocate its cash flows
between owner distributions and debt repayment in the future," said
S&P Global Ratings credit analyst Stephanie Harter.

"Our corporate credit rating on Innovation Ventures also reflects
the company's narrow product line and reliance on a single brand,
the ongoing risk of legal actions and negative publicity related to
its products, and a lack of governance controls.  Although the new
ownership structure will now have a five-member board of directors,
we continue to believe the company will be governed primarily for
its owners' benefit rather than all stakeholders, given our view
that the majority owners will continue to heavily influence
board-level decisions," S&P said.

The stable outlook reflects S&P's view that the company's sales
volume will steadily grow while its EBITDA margins remain
relatively flat.  This should permit the company to generate good
cash flows while it funds shareholder returns and repays debt of at
least $50 million resulting in debt to EBITDA well below 3x over
the next year.

S&P could lower the rating if unfavorable regulatory, legal, or
regulatory scrutiny or unfavorable media coverage of the 5-Hour
Energy product lead to significant double-digit volume declines
pressuring the company cash flows.  Such a development could cause
Innovation Ventures to lose significant market share, weaken its
debt to EBITDA to more than 3.5x, and result in a downgrade.

S&P believes a higher rating is unlikely without either a more
favorable assessment of the company's management and governance or
a commitment to sustained leverage below 2x, including debt
repayment of more than $225 million at current EBITDA levels.
S&P's management and governance assessments could improve if
Innovation Ventures establishes a board with more equitable voting
power of the independent directors.


INTERLEUKIN GENETICS: Strengthens Leadership with Key Appointments
------------------------------------------------------------------
Interleukin Genetics, Inc., announced the appointment of two senior
leaders to enhance its commercial team and capabilities.  Stephan
Toutain will join Interleukin as chief commercial officer, and Mary
Hiter will become director of marketing, both newly created roles
at the company.  Mr. Toutain and Ms. Hiter will join Interleukin
later this month.

"These appointments are an important step in our strategy to drive
the market adoption of our PerioPredict Genetic Risk Test and
Patient Engagement Platform.  Stephan is a seasoned business leader
and an experienced sales and marketing executive who will take the
lead in accelerating our commercial strategy," said Mark Carbeau,
chief executive officer of Interleukin Genetics.  "Mary brings
significant product launch experience and a strong network to the
marketing role.  We are getting positive feedback on our turnkey
solution from prospective customers, which validates our commercial
strategy.  With Stephan's and Mary's collective expertise in
creating market access and launching new products in innovative
categories, we believe they have the essential track record to
spearhead our commercial activities."

"Interleukin is a creative company built on a solid scientific
foundation with an innovative product and service platform that has
the potential to transform the management of several chronic
diseases," said Stephan Toutain, newly appointed chief commercial
officer.  "Interleukin-1 biology is an area of great interest
today, and there is increasing enthusiasm around PerioPredict. This
is an exciting time to join the company and I look forward to
driving our growth."

Mr. Toutain brings more than 25 years of commercial development,
market access, and sales and marketing leadership with particular
expertise in ultra-orphan drug and orphan oncology markets
worldwide.  He joins Interleukin Genetics following three years as
a successful consultant to the biopharmaceutical industry
addressing marketing strategy and access challenges.  Previously he
headed Global Commercial Development for Sarepta Therapeutics
(Cambridge, MA), and served as General Manager for Alexion in
Europe.  Prior to these roles, Mr. Toutain held various commercial,
marketing and product management positions with Alexion
Pharmaceuticals, Celgene Corporation, and Johnson & Johnson. He
received a Master of Business Administration from University of
North Carolina, and a Master of Engineering in Biotechnology from
University of Nancy II in France.

Ms. Hiter will contribute nearly 20 years experience as a
healthcare marketing executive, and has successfully launched
multiple diagnostic, medical device and specialty pharmaceutical
products.  She joins Interleukin Genetics from Abbott Point of
Care, where she served for eight years as Director of Marketing.
Prior to Abbott, Ms. Hiter held various marketing and product
management roles with Cyberonics, Inc. (now Livanova), Watson
Pharmaceuticals and Knoll Pharmaceuticals, Ltd.  She received a
Bachelor of Science in Biology from Chatham College, Pittsburgh.

                       About Interleukin

Waltham, Mass.-based Interleukin Genetics, Inc., is a personalized
health company that develops unique genetic tests to provide
information to better manage health and specific health risks.

Interleukin reported a net loss of $7.89 million on $1.44 million
of total revenue for the year ended Dec. 31, 2015, compared to a
net loss of $6.33 million on $1.81 million of total revenue for the
year ended Dec. 31, 2014.

As of March 31, 2016, Interleukin had $4.61 million in total
assets, $8.37 million in total liabilities, and a total
stockholders' deficit of $3.75 million.

Grant Thornton LLP, in Boston, Massachusetts, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has incurred
recurring losses from operations and has an accumulated deficit
that raise substantial doubt about the Company's ability to
continue as a going concern.


INVENTIV HEALTH: Obtains Significant Investment From Advent Int'l
-----------------------------------------------------------------
inVentiv Health, Inc., announced that Advent International, one of
the largest and most experienced global private equity investors,
has joined Thomas H. Lee Partners (THL) as an equal equity owner of
inVentiv Health.  Through this agreement, Advent International has
agreed to make a material equity investment in inVentiv Health,
valuing the company at $3.8 billion on a cash-free, debt-free basis
subject to customary adjustments.  The transaction, which is
subject to regulatory approval and other customary closing
conditions, is expected to be completed in the fourth quarter of
2016.

inVentiv Health provides comprehensive and integrated clinical and
commercial outsourcing services to the biopharmaceutical industry.
The company's unique Clinical Research Organization (CRO) and
Contract Commercial Organization (CCO) business model helps clients
improve performance and expedite the delivery of innovative
products.  The inVentiv Health client portfolio includes all 20 of
the largest global biopharmaceutical companies. The company has
helped to develop or commercialize 80 percent of all new drugs
approved by the FDA and 70 percent approved by the EMA over the
last five years.  Under THL's ownership, inVentiv Health more than
doubled both revenue and adjusted EBITDA to $2.2 billion and $343
million, respectively.

"We're pleased to have two preeminent private equity firms -- THL
and Advent -- backing our unique biopharma outsourcing model," said
Michael Bell, chairman and chief executive officer of inVentiv
Health.  "It's a $250 billion market with tremendous potential.
With THL's strategic support we have realized significant growth
over the last several years.  We're looking forward to adding
Advent's investment, operational and healthcare sector expertise.
This will allow us to realize our full potential so we can better
serve the biopharmaceutical industry in navigating an increasingly
complex scientific and regulatory environment."

"inVentiv Health has become a leader in its chosen markets and we
are excited to partner with THL and with inVentiv Health's
world-class management team at this point in the company's
evolution.  We look forward to helping accelerate inVentiv Health's
growth across its client offerings," said John Maldonado, a
managing director at Advent.  "We have long viewed the large and
growing pharmaceutical outsourcing industry as one of the most
attractive segments in healthcare. inVentiv Health is transforming
into a global, full-service professional services organization that
is uniquely positioned to serve its clients' variety of needs and
we believe that the company's expertise, combined with our
operational resources and THL's continued involvement, will enable
inVentiv Health???s continued success moving forward."

This investment is consistent with Advent's strategy of investing
in healthcare companies with strong growth potential to create
value for its stakeholders.  Advent has a long track record of
investing in the healthcare sector, completing more than 35
investments in 14 countries in the last 26 years.

"We are thrilled to continue our partnership with inVentiv Health,"
said Joshua Nelson, managing director of THL.  "Since our
investment, inVentiv Health has shown tremendous growth in both its
clinical and commercial businesses, and today's announcement is a
testament to the potential THL and Advent see in the years ahead.
We are excited to welcome Advent to this continuing partnership as
we work with the tremendously talented management team and
employees at inVentiv Health to further grow the business and
deliver for its customers."

As a result of signing the transaction, inVentiv Group Holdings,
Inc., the indirect parent company of inVentiv Health, does not plan
to pursue an initial public offering of its common stock at this
time.

Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, Morgan
Stanley and Citi acted as financial advisors for inVentiv Health
and THL.  The transaction is supported by committed financing from
BofA Merrill Lynch, Credit Suisse, Goldman Sachs, Morgan Stanley,
and Barclays.  BofA Merrill Lynch and Barclays also acted as
financial advisors to Advent on the transaction.

Weil, Gotshal & Manges LLP acted as legal advisor to both inVentiv
Health and THL. Kirkland & Ellis LLP acted as legal advisor to
Advent.

                       About inVentiv Health

inVentiv Health, Inc., is privately owned by inVentiv Group
Holdings, Inc., an organization sponsored by affiliates of Thomas
H. Lee Partners, L.P., Liberty Lane Partners and members of the
inVentiv Health management team.

inVentiv Health is a top-tier professional services organization
that accelerates the clinical and commercial success of
biopharmaceutical companies worldwide.  The Company's combined
Clinical Research Organization and Contract Commercial Organization
helps clients improve their performance to deliver much-needed
therapies to market.  With 13,000 employees providing services to
clients in 70 countries, inVentiv Health designs best practices,
processes and systems to enable clients to successfully navigate an
increasingly complex environment.
- See more at:
http://www.inventivhealth.com/our-company/investors#sthash.Oi040G6G.dpuf


Inventiv Health reported a net loss attributable to the Company of
$151 million on $1.99 billion of net revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to the Company
of $190 million on $1.80 billion of net revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, inVentiv had $2.12 billion in total assets,
$2.91 billion in total liabilities, and a total stockholders'
deficit of $783 million.

                           *    *    *

As reported by the TCR on May 22, 2015, Moody's Investors Service
affirmed the Caa1 Corporate Family Rating and Caa1-PD Probability
of Default Rating of inVentiv Health, Inc. as well as all of the
instrument ratings.  The Caa1 rating reflects inVentiv's very high
leverage, history of negative free cash flow and significant
interest burden which will make a default event likely if the
company does not significantly improve its EBITDA performance well
ahead of 2018, when all of the company's debt matures.

The TCR reported on Dec. 12, 2012, that Standard & Poor's Ratings
Services affirmed its 'B-' corporate credit rating on Burlington,
Mass.-based contract research organization (CRO) inVentiv Health
Inc.


INVENTIV HEALTH: To Hold Conference Call on August 12
-----------------------------------------------------
inVentiv Health, Inc., will hold a conference call at 3:00 p.m.
Eastern Time on Aug. 12, 2016, during which it will discuss the
Company's financial results for the second quarter of 2016.

The U.S. dial-in for the call is (844) 883-3859 ((270) 823-1521 for
non-U.S. callers) and the passcode is 60645388.  A replay of the
conference call will be available until Aug. 19, 2016, by dialing
(855) 859-2056 ((404) 537-3406 for non-U.S. callers) and the
passcode is 60645388.

                       About inVentiv Health

inVentiv Health, Inc., is privately owned by inVentiv Group
Holdings, Inc., an organization sponsored by affiliates of Thomas
H. Lee Partners, L.P., Liberty Lane Partners and members of the
inVentiv Health management team.

inVentiv Health is a top-tier professional services organization
that accelerates the clinical and commercial success of
biopharmaceutical companies worldwide.  The Company's combined
Clinical Research Organization and Contract Commercial Organization
helps clients improve their performance to deliver much-needed
therapies to market.  With 13,000 employees providing services to
clients in 70 countries, inVentiv Health designs best practices,
processes and systems to enable clients to successfully navigate an
increasingly complex environment.
- See more at:
http://www.inventivhealth.com/our-company/investors#sthash.Oi040G6G.dpuf


Inventiv Health reported a net loss attributable to the Company of
$151 million on $1.99 billion of net revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to the Company
of $190 million on $1.80 billion of net revenues for the year ended
Dec. 31, 2014.

As of March 31, 2016, inVentiv had $2.12 billion in total assets,
$2.91 billion in total liabilities, and a total stockholders'
deficit of $783 million.

                           *    *    *

As reported by the TCR on May 22, 2015, Moody's Investors Service
affirmed the Caa1 Corporate Family Rating and Caa1-PD Probability
of Default Rating of inVentiv Health, Inc. as well as all of the
instrument ratings.  The Caa1 rating reflects inVentiv's very high
leverage, history of negative free cash flow and significant
interest burden which will make a default event likely if the
company does not significantly improve its EBITDA performance well
ahead of 2018, when all of the company's debt matures.

The TCR reported on Dec. 12, 2012, that Standard & Poor's Ratings
Services affirmed its 'B-' corporate credit rating on Burlington,
Mass.-based contract research organization (CRO) inVentiv Health
Inc.


IRENE STACY COMMUNITY: To Sell Real Estate to Fund Chapter 11 Plan
------------------------------------------------------------------
Irene Stacy Community Mental Health Center filed a Chapter 11 plan
of liquidation, which proposes to sell its real properties to fund
payments to creditors.

The health center owns two parcels of real estate: the Hillvue and
the North Street properties, which are estimated to be worth $1.98
million.

Irene Stacy will use the proceeds from the sale of the properties
to pay its creditors.  It will also rely on continued monthly cash
flow as a supplemental source of funding for the plan.  As of July
18, the health center has $240,040 cash on hand.

Each creditor holding a Class 4 general unsecured claim will
receive a pro rata share of proceeds of the sale of the North
Street property after other claims are paid in full, according to
the disclosure statement detailing the proposed plan.

A copy of the disclosure statement is available for free at
https://is.gd/jdkmAG

                        About Irene Stacy

Irene Stacy Community Mental Health Center sought protection under
Chapter 11 of the Bankruptcy Code in the Western District of
Pennsylvania (Pittsburgh) (Case No. 15-24605) on December 18, 2015.
The petition was signed by Brent Olean, Board president.  

The Debtor is represented by Allison L. Carr, Esq., at
Bernstein-Burkley, P.C.  The case is assigned to Judge Thomas P.
Agresti.

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


ISTAR INC: Posts $38.1 Million Net Income for Second Quarter
------------------------------------------------------------
IStar Inc. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing net income allocable to
common shareholders of $38.1 million on $127 million of total
revenues for the three months ended June 30, 2016, compared to a
net loss allocable to common shareholders of $30.95 million on $109
million of total revenues for the three months ended June 30,
2015.

For the six months ended June 30, 2016, the Company reported net
income allocable to common shareholders of $16.9 million on $242
million of total revenues compared to a net loss allocable to
common shareholders of $53.5 million on $222 million of total
revenues for the same period last year.

As of June 30, 2016, iStar had $5.21 billion in total assets, $4.17
billion in total liabilities, $7.62 million in redeemable
noncontrolling interests, and $1.03 billion in total equity.

During the quarter, iStar funded a total of $118 million associated
with new investments, prior financing commitments and ongoing
development.  In addition, the portfolio generated $461 million of
repayments and sales over the same period.

"The gains we recognized through this quarter's sales serve as a
good example of our maximizing value as we monetize our operating
properties," said Jay Sugarman, iStar's chairman and chief
executive officer.  "The proceeds generated will allow us to
recycle capital into higher return opportunities."

"We're pleased to see momentum continue to build within our land &
development portfolio as evidenced by the completion of these four
high-profile projects and the receipt of $25 million in sales
proceeds," said Geoffrey Jervis, iStar's chief operating officer
and Chief Financial Officer.  "These proceeds will be redeployed
into new investments in future periods."

At the end of the quarter, iStar had $721 million of unrestricted
cash and available capacity on its revolving credit facility.  The
Company expects to maintain larger liquidity balances in
anticipation of retiring up to $400 million of convertible bonds
due in November.

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

                     https://is.gd/OXrUTH

                       About iStar Inc.

New York-based iStar Inc., formerly known as iStar Financial Inc.
(NYSE: SFI) provides custom-tailored investment capital to high-end
private and corporate owners of real estate, including senior and
mezzanine real estate debt, senior and mezzanine corporate capital,
as well as corporate net lease financing and equity.  The Company,
which is taxed as a real estate investment trust, provides
innovative and value added financing solutions to its customers.

iStar Inc. reported a net loss allocable to common shareholders of
$52.7 million on $515 million of total revenues for the year ended
Dec. 31, 2015, compared to a net loss allocable to common
shareholders of $33.7 million on $462 million of total revenues for
the year ended Dec. 31, 2014.

                            *     *     *

As reported by the TCR on June 26, 2014, Fitch Ratings had
affirmed the Issuer Default Rating (IDR) of iStar Financial
at 'B'.  The 'B' IDR is driven by improvements in the company's
leverage, continued demonstrated access to the capital markets and
new sources of growth capital and material reductions in non-
performing loans (NPLs).

As reported by the TCR on Oct. 5, 2012, Standard & Poor's Ratings
Services affirmed its 'B+' long-term issuer credit rating on iStar
Financial.

In October 2012, Moody's Investors Service upgraded the corporate
family rating to 'B2' from 'B3'.  The current rating reflects the
REIT's success in extending near term debt maturities and
improving fundamentals in commercial real estate.  The ratings on
the October 2012 senior secured credit facility takes into account
the asset coverage, the size and quality of the collateral pool,
and the term of facility.


JAMES ROY COLEMAN: Hearing on Plan Outline Set For Aug. 31
----------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
has set for Aug. 31, 2016, at 1:30 p.m. the hearing to consider the
disclosure statement in support of James Roy Coleman and Andrea
Alexandra Coleman's Chapter 11 plan of reorganization.

The Debtors filed the Plan and Disclosure Statement on July 22,
2016.  The Plan proposes that the Debtors provide for, among other
things, the payment of the arrears on the first deed of trust on
the Debtors' principal residence, the payment in full of all
priority tax debt, the payment in full of all secured tax debt, and
an 8% dividend to general unsecured creditors.

The Debtors have few unencumbered assets, but have significant
income.  They can propose a feasible Plan.

The Debtors ask the Court to set this plan confirmation schedule:

Confirmation Hearing Notice & Solicitation Package  Sept. 7, 2016
Voting Deadline                                     Sept. 28, 2016
Plan Objection Deadline                             Sept. 28, 2016
Deadline to File Replies to Plan Objections         Oct. 5, 2016
Confirmation Hearing                                Oct. 12, 2016

The Plan was filed by the Debtors' counsel:

     THE TUROCI FIRM
     Todd Turoci, Esq.
     Julie Philippi, Esq.
     3845 Tenth Street
     Riverside, CA 92501
     Tel: (888) 332-8362
     Fax: (866) 762-0618
     E-mail: mail@theturocifirm.com

James Roy Coleman and Andrea Alexandra Coleman filed for Chapter 11
bankruptcy protection (Bankr. C.D. Cal. Case No. 15-20306) on Oct.
21, 2015.


JEANNIE LYNN KILE: Unsecureds to Recoup 100% Under Plan
-------------------------------------------------------
Jeannie Lynn Kile filed with the U.S. Bankruptcy Court for the
Eastern District of Washington a disclosure statement to accompany
the Debtor's plan of reorganization.

Under the Plan, Class 3 General Unsecured Claims -- estimated at
approximately $35,000 -- will be paid in full, with interest from
cash available in the plan fund within 30 days of the effective
date.  The holders will receive, on account of their allowed Class
3 Claims, in full satisfaction, release, and discharge of the
Claims, payment in full, plus interest at 6% per annum calculated
from the date of the Petition until paid.  Payment will be
distributed from the Plan Fund and made within 30 days of the date
of the effective date.

The Debtor intends to pay each holder of an allowed claim in full,
with interest.  The Plan will be funded by money held on deposit,
sale of real property, sale of equipment, vehicles, and grain.  The
Plan also provides for the contingency of additional financing to
fund the Plan should the need arise.  The Debtor's Farm Property is
valued at $824,000.  The Farm Property has sufficient equity to
support financing and complete plan funding if necessary.  The
continued litigation as referenced in the Disclosure Statement
under the Debtor's direction, will add significant value and
benefit to the estate by way of resolution of claims, possible
claim reduction or elimination, and even potential recovery for the
benefit of the estate.  The Debtor anticipates it will take
approximately 24-36 months to consummate the Plan.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/waeb16-00643-56.pdf

The Plan was filed by the Debtor's counsel:

     John D. Munding, Esq.
     Munding, P.S.
     1610 W. Riverside Avenue
     Tel: (509) 624-6464
     E-mail: John@mundinglaw.com

Jeannie Lynn Kile is a long time resident of Spokane County,
Washington.  Ms. Kile has been and continues to be employed as an
insurance representative by a national insurance compny.  She is
also actively involved in farming, primarily dryland wheat farming
in the "Palouse" Whitman County, Washington.  Ms. Kile owns
approximately 317 acres of farm land in Whitman county.  Ms. Kile
is not the operator of the farm, but instead farms the ground
through a traditional 1/3-2/3 share crop arrangement.  Ms. Kile
also owns a rental property at 5816 N. Lincoln Street, Spokane,
Washington 99210.

Ms. Kile filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Wash. Case No. 16-00643) on March 3, 2016.


JEFFREY DERSHEM: Files Plan to Exit Chapter 11 Protection
---------------------------------------------------------
Jeffrey Dershem, a pharmacist residing in Pennsylvania, filed with
the U.S. Bankruptcy Court for the Eastern District of Pennsylvania
a plan to exit Chapter 11 protection.

Under the proposed plan, general unsecured creditors in Class 10
will be paid from Mr. Dershem's disposable income over 60 months.
The payment will start 30 days after the restructuring plan takes
effect, according to the disclosure statement detailing the plan.

In a separate filing, Mr. Dershem asked the court to issue an order
scheduling a hearing to consider approval of the disclosure
statement and setting a timetable for filing objections.

A copy of the disclosure statement is available for free at
https://is.gd/JTDmFv

                     About Jeffrey Dershem

Jeffrey L. Dershem sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Pa. Case No. 15-15228) on July 23,
2015.  The Debtor is represented by Kevin K. Kercher, Esq.


JHB ENTERPRISES: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of JHB Enterprises LLC.

JHB Enterprises LLC, d/b/a Backhaus, filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 16-04288) on June 28, 2016.


JILL MARIE MEEUWSEN-HOLMES: Unsecureds To Recover 100% Under Plan
-----------------------------------------------------------------
Jill Marie Meeuwsen-Holmes filed with the U.S. Bankruptcy Court for
the Northern District of California a Combined Plan of
Reorganization and Disclosure Statement dated July 15, 2016.

Under the Plan, Class 2(b) - General Unsecured Claims, which total
$36,363.56, will receive 100% of their allowed claim in 60 equal
monthly installments of $606.22, due on the first (1st) day of the
month, starting month following the Effective Date of the Plan.

Creditors in this class may not take any collection action against
the Debtor so long as the Debtor is not in material default under
the Plan.  This class is impaired and is entitled to vote on
confirmation of the Plan.

The Debtor will not receive a discharge of debts.  On the Effective
Date, all property of the estate and interests of the Debtor will
vest in the reorganized Debtor pursuant to Section 1141(b) of the
U.S. Bankruptcy Code free and clear of all claims and interests
except as provided in the Plan, subject to revesting upon
conversion to Chapter 7.  Obligations to creditors that the Debtor
undertakes in the confirmed Plan replace those obligations to
creditors that existed prior to the Effective Date of the Plan.  

The Debtor's obligations under the confirmed Plan constitute
binding contractual promises that, if not satisfied through
performance of the Plan, create a basis for an action for breach of
contract under California law.  To the extent a creditor retains a
lien under the Plan, that creditor retains all rights provided by
the lien under applicable non-Bankruptcy law.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/canb16-40868-30.pdf

The Plan was filed by the Debtor's counsel:

     Scott J. Sagaria, Esq.
     Scott M. Johnson, Esq.
     SAGARIA LAW P.C.
     2033 Gateway Place, Fifth Floor
     San Jose, CA 95110
     Tel: (408) 279-2288
     Fax: (408) 279-2299
     E-mail: SagariaBK@sagarialaw.com

Jill Marie Meeuwsen-Holmes filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Cal. Case No. 16-40868) on March 31, 2016.
Scott J. Sagaria, Esq., at Law Offices of Scott J. Sagaria serves
as the Debtor's counsel.


JOHN R FRIEDENBERG: Hearing on Plan Outline Set for Sept. 20
------------------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona has set for Sept. 20, 2016, at 1:30 p.m. the hearing to
consider approval of John R. Friedenberg and Lynne D. Friedenberg's
First Amended Disclosure Statement.

John R. Friedenberg and Lynne D. Friedenberg filed for Chapter 11
bankruptcy protection (Bankr. D. Ariz. Case No. 15-11773) on Sept.
15, 2015.


JORGE E. RODRIGUEZ: Unsecured Creditors to Get 5% Under Plan
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico is set to
hold a hearing on August 24, at 9:00 a.m., to consider approval of
the disclosure statement detailing the Chapter 11 plan of
reorganization proposed by Jorge Rodriguez.

Under the plan, Class 2 general unsecured creditors will get 5% of
their claims.  These creditors, which assert a total of $2.6
million in claims, will receive a lump sum payment of $130,655.  
No additional monthly payments will be issued.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/JorgeRodriguez_1DS07212016.pdf

The bankruptcy case is In the Matter of: Jorge E. Rodriguez,
Debtor, Case No. 15-02794 MCF (Bankr. D.P.R.).


JOSEPH D. ROMANIELLO: Unsec. Claims to Be Paid in Ordinary Course
-----------------------------------------------------------------
Joseph D. Romaniello filed a proposed Plan of Reorganization that
provides that:

   * The allowed fully secured claim of First County Bank in the
amount of $988,000 and the secured claim of The Small Business
Administration in the amount of $575,000 will be paid in accordance
with the current monthly payments prior to default over a five-year
period, which payments will commence on the Effective Date.

  * The general unsecured claims are business guarantees that are
being paid in the ordinary course.  The Debtor will continue to own
his equity in the assets of the estate.

  * Joseph D. Romaniello will retain all equity.

Joseph D. Romaniello's personal annual income is estimated to be
$104,000 gross.

A copy of the Disclosure Statement filed July 29, 2016, is
available at:

       http://bankrupt.com/misc/J_Romaniello_163_DS.pdf

                    About Joseph D. Romaniello

Joseph D. Romaniello is involved in the auto industry as a towing
and auto body repair shop, two distinct businesses, one East Coast
Towing and the other Lafayette Auto Group.  Joseph D. Romaniello
filed a chapter 11 petition (Bankr. D. Conn. Case No. 14-51862) on
Dec. 9, 2014.

The Debtor's attorney:

          James G. Verillo
          ZELDES, NEEDLE & COOPER, P.C.
          P.O. Box 1740
          1000 Lafayette Blvd.
          Bridgeport, CT
          Tel: (203) 332-5733
          Fax: (203) 333-1489
          E-mail: jverillo@znclaw.com



JOSEPH SATIRA: PNC Bank Opposes Approval of Plan Outline
--------------------------------------------------------
PNC Bank, National Association, asked a U.S. bankruptcy court to
deny approval of the disclosure statement detailing the plan
proposed by Joseph Satira to exit Chapter 11 protection.

In a filing with the U.S. Bankruptcy Court for the Western District
of Pennsylvania, the bank criticized the Debtor for not disclosing
"adequate information" that would enable voting creditors to decide
whether to accept or reject the proposed plan.

PNC Bank said the Debtor did not explain how he will generate a
gross monthly income of $6,794.  

"The Debtor provides no explanation whatsoever as to how income at
this level will be consistently earned on an annual basis," the
bank said.  

PNC Bank also argued that the proposed plan is not confirmable
because of the Debtor's failure to pay the bank in full.

As of Nov. 18, 2015, the Debtor owes the bank $155,649, according
to court filings.

                        About Joseph Satira

Joseph Satira (Bankr. W.D. Penn. Case No. 15-24221) filed a Chapter
11 petition on November 18, 2015.  The Debtor is the owner of two
commercial properties in Munhall, Pennsylvania.  The Debtor rents
space in these properties to tenants and also uses part of the
space for his own barber shop business at which he works.

The Debtor is represented by Christopher M. Frye, Esq., at the Law
Offices of Steidl and Steinberg.


JR BALL: Unsecured Creditors to Be Paid $30,000 Under Plan
----------------------------------------------------------
J. R. Ball Contracting Group, Inc., filed a Chapter 11 plan that
provides that:

   * General unsecured claims of less than $1,000 on the Petition
Date will be paid in full in two equal payments to each claimant in
this class with all the payments to be made in the 90 days after
confirmation of the Plan.

   * With respect to other general unsecured claims, the Debtor
will pay a minimum dividend of $30,000 to the creditors in this
class. The claims of this class will bear no interest. Beginning
with the month of confirmation of the Plan the Debtor will pay
$500.00 per month for 60 months until the claims of the class are
paid $30,000.  Creditors in this class will also receive funds
recovered through preference litigation after costs of litigation
are deducted from any such recovery.  Distributions to the class
will be pro rata.  Distributions to the class will occur only
annually within 30 days of the anniversary of the entry of an order
confirming this Plan.  These claims may also share in the
proceeds of the liquidation and winding up of the Debtor.

Secured claims are unimpaired under the Plan and will be paid
pursuant to the terms of the notes, mortgages and security
agreements in force at the time of the filing of the case.  The
interests in the Debtor will not be altered by the confirmation of
the Plan, but the interests will have no right to corporate income
no matter if such income is earned or via the liquidation
contemplated by the Plan.

A copy of the Amended Disclosure Statement dated July 29, 2016, is
available at:

        http://bankrupt.com/misc/JR_Ball_121_Am_DS.pdf

                           About JR Ball

J. R. Ball Contracting Group, Inc., is a general business
corporation formed under the laws of the State of Arkansas.  Since
1999, the company has been in the business of general contract
construction.  For much of its history, the company provided such
services to Lindsey Construction Company.

JR Ball filed a Chapter 11 petition (Bankr. W.D. Ark. Case No.
14-72561) on Aug. 28, 2014.  Hon. Ben T Barry is the case judge.

Stanley V Bond, Esq., at Bond Law Office, serves as counsel.

The Debtor estimated $0 to $50,000 in assets and $1 million to $10
million in liabilities.

The petition was signed by James R. Ball, president.



JTM INVESTMENTS: Unsecured Creditors May Get $14K Under Exit Plan
-----------------------------------------------------------------
JTM Investments, LLC, filed a Chapter 11 plan of reorganization,
which proposes to sell some of its properties to fund payments to
creditors.

Under the proposed plan, approximately $14,427 will be available
for payment of unsecured claims if the properties are sold at the
scheduled value and after secured creditors are paid from the
proceeds.

JTM Investments' schedule lists $291,569 in unsecured debt.

The company will sell the properties at auction to the highest
bidder if it does not find a buyer for the properties by September
30, according to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
https://is.gd/bvzJnZ

The Debtor is represented by:

     Mark S. Danek, Esq.
     The Danek Law Firm, LLC
     1255 Drummers Lane, Suite 105
     Wayne, PA 19087
     Phone: 484-344-5429
     Email: msd@daneklawfirm.com
     Email: msd@daneklawfirm.com

                      About JTM Investments

JTM Investments, LLC is a real estate holding company that acquired
title to 12 properties that it markets as rentals to Philadelphia
Housing Authority Section 8 tenants.  The Debtor generates its
revenue through the receipt of rental payments.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Penn. Case No. 15-16925) on September 25, 2015.
The Debtor is represented by Mark S. Danek, Esq., at The Danek Law
Firm, LLC.


JUAN CARLOS DEL CID: Plan Confirmation Hearing Set for Oct. 5
-------------------------------------------------------------
The Hon. Stephen C. St. John of the U.S. Bankruptcy Court for
Eastern District of Virginia has approved the Disclosure Statement
that Juan Carlos Del Cid filed on May 19, 2016.

A hearing to consider the confirmation of the Debtor's plan of
reorganization is set for Oct. 5, 2016, at 11:00 a.m.

Sept. 28, 2016, is fixed as the last day for filing written
acceptances or rejections of the Plan, with the amendment(s).

Juan Carlos Del Cid filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Va. Case No. 15-71629) on May 12, 2015.  Kelly Megan
Barnhart, Esq., at Roussos, Glanzer & Barnhart, PLC, serves as the
Debtor's bankruptcy counsel.


JUN KWOCK TOM: Plan Confirmation Hearing on Sept. 15
----------------------------------------------------
Following the filing of an [Amended] Combined Plan of
Reorganization and Proposed Disclosure Statement filed by debtors
Jun Kwock Tom and Wai Kuen Tom, on July 28, 2016, Judge Hannah L.
Blumenstiel ordered that:

    1. The Amended Disclosure Statement filed by the Debtors on
July 28, 2016 is approved on a tentative basis; and

    2. Aug. 29, 2016 is fixed as the last day for filing written
acceptances or rejections of the Plan.  Ballots containing the
acceptances and rejections will be received not later than 5:00
p.m. by the attorney for the Debtors:

           Matthew D. Metzger, Esq.
           BELVEDERE LEGAL, PC
           1777 Borel Place, Suite 314,
           San Mateo, CA 94402
           Tel: 415-513-5980
           Fax: 415-513-5985
           E-mail: mmetzger@belvederelegal.com

   3. Aug. 29, 2016 also is fixed as the last day for filing and
serving pursuant to Fed. R. Bankr. P. 3020(b)(1) written objections
to confirmation of the Plan and/or filing and serving pursuant to
Fed. R. Bankr. P. 3017(a) written objections to final approval of
the Disclosure Statement; and

   4. Sep. 15, 2016 at 10:00 a.m. is fixed as the hearing on
confirmation of the Plan and final approval of the Debtors???
Disclosure Statement.
  
The Plan incorporates the terms and conditions of two external
settlement agreements: (1) the settlement agreement with Robert
Wagner, Trustee; and (2) the settlement agreement with Jessica Lan,
June Jennings, David Iott, Debra Iott, and Mayank Kumar.

Copies of the settlement agreements attached to the Order are
available for free at:

        http://bankrupt.com/misc/J_Tom_256_DS_Ord.pdf

Attorney for Robert H. Wagner:

         WILLIAM R. PASCOE, ESQ.
         1050 Northgate Drive, Suite 356
         San Rafael, CA 94903
         Tel: (415) 492-1003
         Fax: (415) 492-3312
         E-mail: wpascoe@bigplanet.com

Attorneys for Jessica Lan, June Jennings, David Iott, Debra Iott,
and Mayank Kumar:

         Austin P. Nagel, Esq.
         LAW OFFICES OF AUSTIN P. NAGEL
         111 Derwood Road, Suite 305
         San Ramon, CA 94583
         Tel: (925) 855-8080
         Fax: (925) 855-8090

               - and -

         Brent D. Meyer, Esq.
         MEYER LAW GROUP, LLP
         268 Bush Street #3639
         San Francisco, CA 94104
         Tel: (415) 765-1588
         Fax: (415) 762-5277

                       The Chapter 11 Plan

Jun Kwock Tom and Wai Kuen Tom filed with the U.S. Bankruptcy Court
for the Northern District of California a proposed consensual plan
of reorganization and disclosure statement on June 14, 2016,
proposing full-payment to general unsecured creditors in 120 equal
monthly payments, payable at the federal judgment interest rate of
0.33%.  A full-text copy of the Disclosure Statement dated June 30,
2016, is available at:

           http://bankrupt.com/misc/canb14-30862-244.pdf

                        About Jun Kwock Tom

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


KARL STAUFFER: Court to Take Up Plan Outline on Sept. 7
-------------------------------------------------------
A court hearing to consider approval of the disclosure statement
detailing the Chapter 11 plan of Karl Stauffer is set to be held on
September 7.

The hearing will take place at the U.S. Bankruptcy Court, Courtroom
No. 601, 6th Floor, 230 North First Avenue, Phoenix, Arizona.
Objections must be filed no later than five business days prior to
the hearing.

The Debtor on July 20 filed a plan of reorganization with the U.S.
Bankruptcy Court for the District of Arizona.  Under the plan,
general unsecured creditors in Class 3 will receive a total of
$6,000 in 20 quarterly payments if they do not oppose the plan.

If any general unsecured creditor files an objection and it is not
resolved prior to the September 7 hearing, the total amount to be
paid will be no less than the disposable monthly income that the
Debtor anticipates receiving during the five-year period beginning
on the effective date of the plan.

A copy of the Debtor's disclosure statement detailing the plan is
available for free at https://is.gd/IjY8FP

                     About Karl B. Stauffer

Karl B. Stauffer sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 13-05646).  The case is
assigned to Judge Paul Sala.


KEMET CORP: Incurs $12.2 Million Net Loss in June 30 Quarter
------------------------------------------------------------
Kemet Corporation filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $12.2
million on $185 million of net sales for the quarter ended June 30,
2016, compared to a net loss of $37.05 million on $188 million of
net sales for the quarter ended
June 30, 2015.

As of June 30, 2016, Kemet had $671 million in total assets, $583
million in total liabilities and $88.4 million in total
stockholders' equity.

Cash and cash equivalents as of June 30, 2016, of $52.9 million
decreased $12.1 million from $65.0 million as of March 31, 2016.
Our net working capital (current assets less current liabilities)
as of June 30, 2016 was $232 million compared to $228.8 million as
of March 31, 2016.  Cash and cash equivalents held by the Company's
foreign subsidiaries totaled $29.7 million and $28.2 million at
June 30, 2016, and March 31, 2016, respectively.   The Company's
operating income outside the U.S. is no longer deemed to be
permanently reinvested in foreign jurisdictions.  As a result, the
Company set up a deferred tax liability as of March 31, 2015, on
the undistributed foreign earnings which was offset by a reduction
in the valuation allowance on its deferred tax assets. However, the
Company currently do not intend nor foresee a need to repatriate
cash and cash equivalents held by foreign subsidiaries. If these
funds are needed for the Company's operations in the U.S., the
Company may be required to accrue U.S. withholding taxes on the
distributed foreign earnings.

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

                       https://is.gd/jp01aw

                            About KEMET

KEMET, based in Greenville, South Carolina, is a manufacturer and
supplier of passive electronic components, specializing in
tantalum, multilayer ceramic, film, solid aluminum, electrolytic,
and paper capacitors.  KEMET's common stock is listed on the NYSE
under the symbol "KEM."

KEMET reported a net loss of $53.6 million on $735 million of net
sales for the fiscal year ended March 31, 2016, compared to a net
loss of $14.1 million on $823 million of net sales for the fiscal
year ended March 31, 2015.

                           *     *     *

As reported by the TCR on March 26, 2013, Moody's Investors
Service downgraded KEMET Corp.'s Corporate Family Rating to 'Caa1'
from 'B2' and the Probability of Default Rating to 'Caa1-PD' from
'B2- PD' based on Moody's expectation that KEMET's liquidity will
be pressured by maturing liabilities and negative free cash flow
due to the interest burden and continued operating losses at the
Film and Electrolytic segment.

As reported by the TCR on Aug. 9, 2013, Standard & Poor's Ratings
Services lowered its corporate credit rating on KEMET to 'B-' from
'B+'.  "The downgrade is based on continued top-line and margin
pressures and lagging results from the restructuring of the Film &
Electrolytic [F&E] business, which combined with cyclical weak
end-market demand, has resulted in sustained, elevated leverage
well in excess of 5x, persistent negative FOCF, and diminishing
liquidity," said Standard & Poor's credit analyst Alfred
Bonfantini.

The TCR reported in August 2014 that S&P revised its outlook on
KEMET to 'stable' from 'negative'.  S&P affirmed the ratings,
including the 'B-' corporate credit rating.


KENNETH LEONARD DYMMEL: Court Approves Outline of Chapter 11 Plan
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
approved the disclosure statement detailing the Chapter 11 plan
proposed by Kenneth and Ruth Dymmel.

The Dymmels sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 15-12558) on February 20, 2015.  

The Debtors are represented by:

     Robert M. Aronson, Esq.
     Law Office of Robert M. Aronson
     444 S. Flower St., Suite 1700
     Los Angeles, CA 90071
     Telephone: (213) 688-8945
     Fax: (213) 688-8948
     Email: robert@aronsonlawgroup.com


KEY ENERGY: Cancels Temporary Salary Reduction Program
------------------------------------------------------
In January 2015, the compensation committee of the board of
directors of Key Energy Services, Inc. approved a temporary
compensation reduction program for certain employees.  The
Temporary Reduction Program was previously described within the
Company's Definitive Proxy Statement filed with the Securities and
Exchange Commission on March 23, 2015, and again within the
Company's first Amendment to its Annual Report on Form 10-K/A filed
with the SEC on April 20, 2016.

In summary, the Temporary Reduction Program generally decreased
base salaries for the Company's corporate office employees at a
rate of five percent.  With respect to the Company's current named
executive officers, the Temporary Reduction Program reduced base
salaries by 10% for Mr. Robert Drummond (the Company's president
and chief executive officer, seven percent for Mr. J. Marshall
Dodson (the Company's senior vice president, chief financial
officer and treasurer) and seven percent for Mr. Jeffrey S. Skelly
(the Company's senior vice president of operations).  The Temporary
Reduction Program impacted base salaries for employees (including
the named executive officers) on Feb. 22, 2015, through Aug. 1,
2016.

Effective Aug. 1, 2016, the Committee approved the termination of
the Temporary Reduction Program and the reinstatement of the annual
base salaries for the named executive officers to the levels that
were applicable immediately prior to the implementation of the
Temporary Reduction Program (with the exception of Mr. Drummond),
effective immediately and on a going-forward basis.  None of the
Company's named executive officers had received a base salary
increase for the 2016 calendar year other than Mr. Drummond, who
received a base salary increase in connection with his promotion to
the Company's president and chief executive officer position on
March 5, 2016 (although his 2016 base salary increase was also
subject to the same ten percent (10%) reduction that was imposed
upon his 2015 base salary).  The current amount of the annual base
salary for each of the Company's current named executive officers
following the termination of the Temporary Reduction Program is as
follows: Mr. Drummond's base salary was reinstated to $750,000 from
$675,000; Mr. Dodson's base salary was reinstated to $375,000 from
$348,750; and Mr. Skelly's base salary was reinstated to $350,000
from $325,500.

Effective Aug. 1, 2016, Mr. Skelly will no longer serve as the
Company's senior vice president of Operations.  Mr. Skelly will
remain an employee of the Company.

                         About Key Energy

Key Energy Services, Inc. (NYSE: KEG), a Maryland corporation,
claims to be the largest onshore, rig-based well servicing
contractor based on the number of rigs owned.  The Company was
organized in April 1977 and commenced operations in July 1978 under
the name National Environmental Group, Inc.  In December 1992, the
Company became Key Energy Group, Inc. and it changed its name to
Key Energy Services, Inc. in December 1998.

Key Energy reported a net loss of $917.70 million on $792.32
million of revenues for the year ended Dec. 31, 2015, compared to a
net loss of $178.62 million on $1.42 billion of revenues for the
year ended Dec. 31, 2014.

As of March 31, 2016, the Company had $1.22 billion in total
assets, $1.16 billion in total liabilities and $58.87 million in
total equity.


                            *    *    *

As reported by the TCR on June 20, 2016, S&P Global Ratings lowered
its corporate credit rating on U.S.-based Key Energy Services Inc.
to 'CC' from 'CCC-'.  "The downgrade follow's Key's disclosure that
it entered into confidential agreements with certain holders of its
6.75% senior notes due 2021 and certain lenders of the term loans
regarding a financial restructuring," said S&P Global Ratings
credit analyst David Lagasse.

The TCR reported on May 20, 2016, that Moody's Investors Service
downgraded Key Energy Services, Inc.'s Corporate Family Rating
(CFR) to Ca from Caa2, Probability of Default Rating (PDR) to Ca-PD
from Caa2-PD, and senior unsecured rating to Ca from Caa3. The
SGL-4 Speculative Grade Liquidity (SGL) Rating was affirmed.


KRISHNA ASSOCIATES: MidSouth Bank Objects to Disclosure Statement
-----------------------------------------------------------------
MidSouth Bank, N.A., asked a U.S. bankruptcy court to deny approval
of the disclosure statement detailing the Chapter 11 plan of
Krishna Associates, LLC.

In a filing with the U.S. Bankruptcy Court for the Eastern District
of Texas, the bank criticized the company's failure to disclose
"adequate information."

MidSouth Bank cited the lack of information about the company's
assets or the value of those assets, and its possible claims
against third parties.  It also criticized the liquidation analysis
provided by the company.

"The analysis attached to the disclosure includes no information by
which creditors in the particular classes may evaluate the impact
of a Chapter 7 case on their respective claims," MidSouth Bank said
in the filing.

Under U.S. bankruptcy law, a company going through bankruptcy must
get approval of its disclosure statement to begin soliciting votes
for its Chapter 11 plan.  The document must contain sufficient
information to enable voting creditors to make an informed decision
about the plan.

                    About Krishna Associates

Headquartered in Texarkana, Texas, Krishna Associates, LLC, is
owned and managed by Texarkana doctor Hiren Patel.  It owns Country
Inn and Suites and an adjacent vacant lot in Texarkana, Texas.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E. D. Texas Case No. 15-50148) on November 3, 2015.
The petition was signed by Hiren Patel, president.  

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


LATTICE SEMICONDUCTOR: Egan-Jones Assigns CCC+ Sr. Unsec. Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company assigned CCC+ senior unsecured ratings
on debt issued by Lattice Semiconductor Corp on July 19, 2016.  EJR
also gave C ratings on commercial paper issued by the Company.

Lattice Semiconductor Corporation is a United States based
manufacturer of high-performance programmable logic devices.


LAURENCE LUBIN: Files Plan to Exit Chapter 11 Protection
--------------------------------------------------------
Laurence and Susan Lubin filed with the U.S. Bankruptcy Court for
the Southern District of New York their proposed plan to exit
Chapter 11 protection.

The restructuring plan proposes to pay creditors from the proceeds
of the sale of the Debtors' real property in Mount Kisco, New York,
and their income from Laurence Lubin Inc.'s business.

Claims of general unsecured creditors are classified in Class 3
under the plan.  These creditors assert $105,000 in total claims,
according to the Debtors' disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/LaurenceLubin_DS07212016.pdf

The Debtors are represented by:

     Richard G. Gertler, Esq.
     Kevin R. Toole, Esq.
     Gertler Law Group, LLC
     90 Merrick Avenue
     East Meadow, New York 11554
     Phone: (516) 228-3553
     Fax: (516) 228-3396
     Email: gertler@gertlerlawgroup.com
     Email: ktoole@gertlerlawgroup.com       
     [ http://gertlerlawgroup.com/]

                        About The Lubins

Laurence V. Lubin and Susan D. Lubin sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No.
16-22376) on March 23, 2016.


LDR INDUSTRIES: Unsecured Creditors to Get 13% to 23% Under Plan
----------------------------------------------------------------
General unsecured creditors of LDR Industries LLC will get 13% to
23% of their claims, according to the Chapter 11 plan it filed with
the U.S. Bankruptcy Court for the Northern District of Illinois.

Under the plan, Class 6 general unsecured creditors will get 13% to
23% of their claims depending on the amount of collateral returned
to LDR Industries or the liquidating trust that will be created to
implement the distributions to creditors.  

Class 6 general unsecured creditors assert a total of $3 million in
claims.

The plan incorporates the terms of a settlement the company reached
with U.S. Customs and Border Protection regarding the treatment of
the agency's claims.

The agency holds an allowed Class 5 general unsecured claim in the
amount of $53.2 million.  The estimated recovery of the claim
ranges from $300,000 to $600,000 depending on the amount of
collateral returned to LDR Industries or the liquidating trust.

The U.S. Customs also holds a Class 1 secured claim in the amount
of $29,599.  The agency may recover its claim in full under the
plan, according to LDR Industries' disclosure statement detailing
the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/LDRIndustries_DS07212016.pdf

                       About LDR Industries

For over 75 years, Chicago-based LDR Industries and its predecessor
companies have engaged in the distribution of plumbing products to
the home improvement industry, including faucets, showers, sinks,
toilet seats and variety of other specialty lines such as lead-free
valves.

LDR Industries, LLC, sought Chapter 11 protection (Bankr. N.D. Ill.
Case No. 14-32138) in Chicago, Illinois on Sept. 2, 2014, with
plans to sell the business following a dispute with the U.S.
Customs.

The bankruptcy case is assigned to Honorable Judge Pamela S.
Hollis.  The Debtor is represented by attorneys at Reed Smith LLP.

The Debtor disclosed $27,538,561 in assets and $29,751,647 in
liabilities as of the Chapter 11 filing.


LEGG MASON: S&P Assigns 'BB+' Rating on Proposed Jr. Sub. Notes
---------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' issue rating on Legg
Mason Inc.'s proposed junior subordinated notes due in 2056.  S&P
expects the issuance to be $250 million to $500 million.  The
issuer credit rating on Legg Mason remains 'BBB' with a stable
outlook.

S&P expects the company to use the proceeds from the proposed debt
issuance to repay a portion or the full amount of the outstanding
borrowings under its revolving credit facility and for general
corporate purposes.

In March 2016, Legg Mason issued $450 million of 4.75% senior notes
due in 2026 and $250 million of 6.375% junior subordinated notes
due in 2056.  The company used the net proceeds of these offerings
to finance the acquisitions of EnTrust in May 2016 and Clarion
Partners in April 2016.  As of June 30, the company had about $1.8
billion of outstanding long-term debt and $500 million of
short-term borrowings.  S&P expects Legg Mason to continue to
operate with debt to EBIDA of 2x-3x.

S&P views the company's subordinated notes as hybrid capital with
intermediate equity content and rate them two notches below the
issuer credit rating, reflecting subordination and optional
deferability risks.

RATINGS LIST

Legg Mason Inc.
Issuer Credit Rating                 BBB/Stable/--

New Rating

Legg Mason Inc.
Junior Subordinated
  Proposed notes due 2056             BB+


LEVERETT LLC: Plan Outline Okayed, Confirmation Hearing on Sept. 1
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Georgia is
set to hold a hearing on September 1, at 1:30 p.m., to consider
approval of the Chapter 11 plan of reorganization of Leverett LLC
and its president, Frank Bullard, III.

The hearing will take place at Courtroom 1403, U.S. Courthouse, 75
Ted Turner Drive, SW, Atlanta, Georgia.

The bankruptcy court had earlier issued an order approving the
Debtors' disclosure statement, allowing them to start soliciting
votes from creditors.  

The July 21 order set an August 26 deadline for creditors to cast
their votes and file their objections to the restructuring plan.

A copy of the court order is available for free at
https://is.gd/Xfhidd

A copy of the Disclosure Statement is available for free at
https://is.gd/XCDvpC

The Debtors are represented by:

     Jimmy L. Paul, Esq.
     Chamberlain, Hrdlicka, White, Williams & Aughtry
     191 Peachtree Street, N.E., 34th Floor
     Atlanta, Georgia 30303
     Phone: (404) 659-1410
     Fax: (404) 659-1852
     Email: jimmy.paul@chamberlainlaw.com

                        About The Debtors

Frank L. Bullard, III and Leverett, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case Nos.
11-52928 and 11-52898) on January 31, 2011.  The cases are jointly
administered and are assigned to Judge Wendy L. Hagenau.


MARK CAREY COMEAUX: Unsecured Creditors to Get 14% Under Exit Plan
------------------------------------------------------------------
General unsecured creditors will get 14% of their claims under a
Chapter 11 plan of reorganization proposed by Mark and Lisa
Comeaux.

The restructuring plan proposes to pay $400 per quarter to Class 6
general unsecured creditors.  This will amount to payments of
$8,000 over the course of the plan.   

General unsecured creditors assert a total of $54,214 in claims,
according to the Debtors' disclosure statement detailing the plan.


A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/MarkComeaux_1DS07212016.pdf

The Debtors are represented by:

     Rodd C. Richoux, Esq.
     Richoux Law Firm, L.L.C.
     110 E. Kaliste Saloom Road, Suite 205
     Lafayette, LA 70503
     Phone (337) 269-8935
     Fax: (337) 456-6299

                  About Mark and Lisa Comeaux

Mark Carey Comeaux and Lisa Dugas Comeaux sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. La. Case No.
15-20865) on October 6, 2015.


MBAC FERTILIZER: Files Application for Protection Under CCAA
------------------------------------------------------------
MBAC Fertilizer Corp. on Aug. 4, 2016, disclosed that the Company
and its wholly-owned subsidiary, MBAC Opportunities and Financing
Inc. (together with MBAC, the Applicants), have filed an
application for protection under the Companies' Creditors
Arrangement Act (the CCAA) with the Superior Court of Justice in
Ontario in connection with the implementation of a transaction on
similar terms to those described in its previously announced
support agreement with Zaff LLC to effect a recapitalization of the
Company (the Recapitalization) that will significantly reduce debt
and increase financial flexibility.  The terms of the
Recapitalization are described in an amended and restated support
agreement (the A&R Support Agreement) between the Company and Zaff
LLC (Zaff).

As part of the CCAA Proceeding, the Applicants are seeking the
appointment of Ernst & Young Inc. as monitor to monitor the
business and affairs of the Applicants during the CCAA process.

The operations of MBAC and its subsidiaries are intended to
continue as usual and obligations to employees and suppliers during
the restructuring process are expected to be met in the ordinary
course.  MBAC management will remain responsible for the day-to-day
operations of the Company.

Under the A&R Support Agreement, the Company has agreed to pursue
the completion of the Recapitalization pursuant to a plan of
compromise or arrangement under the CCAA (the CCAA Proceeding) and
a parallel extrajudicial restructuring proceeding in Brazil under
The Bankruptcy Law (11,101/2005) (the Brazilian Proceeding).

The Recapitalization contemplates the following key elements:

  -- Zaff is the owner of substantially all outstanding secured and
guaranteed funded debt of the Company and its Brazilian
subsidiaries (other than guaranteed funded debts of It??fos
Minera????o Ltda. to Banco Modal S.A.), as well as certain
outstanding unsecured debts of the Company and of the Company's
Brazilian subsidiaries that are not guaranteed by the Company
(collectively, the Acquired Debt), which claims, together with the
claims of other secured and unsecured creditors of MBAC and its
subsidiaries, will be compromised through the CCAA Proceeding and
the Brazilian Proceeding.

   -- As a result of the CCAA Proceeding, unsecured creditors of
the Company will receive either a combination of (i) restructured
debt of MBAC; and (ii) common shares of MBAC or, in the
alternative, 5.5% of their claim in cash.  Creditors may also elect
to receive the lesser of the full value of their claim against MBAC
or $10,000 in full satisfaction of such claims against MBAC.

   -- As a result of the Brazilian Proceeding, certain unsecured
creditors of the Brazilian subsidiaries of the Company will receive
either a combination of (i) restructured debt of the respective
MBAC Brazilian subsidiary; and (ii) warrants convertible into
common shares of MBAC or, in the alternative, cash.

Upon completion of all transactions contemplated by the Support
Agreement, Zaff will receive securities representing up to
approximately 73.8% of the common equity of reorganized MBAC in
exchange for the compromise of the Acquired Debt and the separate
settlement of secured interim working capital financing that has
been provided or will be provided by Zaff to the Company or its
subsidiaries pursuant to the CCAA Proceeding and the Brazilian
Proceeding.

   -- In connection with implementation of the CCAA plan, MBAC will
indirectly acquire all of the shares of GB Minerals Ltd. (GBL) and
Stonegate Agricom Ltd. (Stonegate) beneficially held by Zaff in
return for common shares of MBAC at a ratio of 2.5 shares of MBAC
for each share of GBL and 1 share of MBAC for each 1.5 shares of
Stonegate so acquired.  This is expected to result in the
acquisition by Zaff of an additional 20.1% of the common shares of
the Company.

   -- Subject to certain conditions, Zaff will fund MBAC's and its
subsidiaries' funding requirements during the term of the A&R
Support Agreement, up to a maximum of US$4 million, with any
additional amounts to be agreed by Zaff and MBAC, which will
include funding of the costs of the CCAA Proceeding and the
Brazilian Proceeding.

  -- MBAC will use its best efforts to the extent possible under
applicable laws to maintain a listing on a Canadian stock exchange
and its status as a reporting issuer under Canadian securities
laws.

Other changes contemplated in connection with implementation of the
CCAA plan include a reconstituted board of MBAC, the size and
composition of which will be satisfactory to Zaff, and the
continuation of the Company into the Cayman Islands.

It is expected that holders of common shares of MBAC on the date
the Recapitalization is completed will hold approximately 3.3% of
the issued and outstanding common shares of MBAC.  All existing
options, warrants or other rights to purchase common shares of MBAC
at the completion of the Recapitalization will be cancelled.

The Recapitalization will be subject to governmental, court,
regulatory, stakeholder and third party approvals, as applicable,
as well as the satisfaction or waiver of all the conditions of the
A&R Support Agreement, and the Company can give no assurances that
the Recapitalization will be completed.  The A&R Support Agreement
may also be terminated by either MBAC or Zaff in certain
circumstances. Subject to the satisfaction of all necessary
conditions, it is anticipated that the closing of the
Recapitalization will occur by the end of October 2016.

The A&R Support Agreement will be filed by the Company on SEDAR and
the description of the A&R Support Agreement contained in this
press release is qualified by the full text of the A&R Support
Agreement.  Further details of the Recapitalization and the
implementation process will be provided in due course as
appropriate by MBAC.

In connection with the Recapitalization, on May 4, 2016, Itaf??s
Minera????o S.A., MBAC Fertilizantes S.A. and MBAC Desenvolvimento
S.A. (collectively, the Brazilian Restructuring Entities), each a
wholly-owned subsidiary of MBAC, filed an out-of-court consolidated
restructuring procedure with the court of Arraias, State of
Tocantins (the Brazilian Court) under applicable restructuring law
in Brazil (the Brazil Proceeding).  MBAC is an intervener in the
Brazil Proceeding.  On May 16, 2016, the Brazilian Court issued a
decision which, among other things, granted a 180-day stay period
and directed the publication of a public announcement to notify the
Brazilian Restructuring Entities' unsecured creditors to object to
the Brazil Proceeding within 30 days from the 20th day after the
publication of the public announcement.  The public notification to
the Brazilian Restructuring Entities' unsecured creditors was made
on June 1, 2016 and creditors were therefore entitled to file
objections to the Brazil Proceedings until August 2, 2016.

                           About MBAC

MBAC -- http://www.mbacfert.com/-- is focused on becoming a
significant integrated producer of phosphate fertilizers and
related products in the Brazilian market.  MBAC has an experienced
team with significant experience in the business of fertilizer
operations, management, marketing and finance within Brazil.  MBAC
owns and operates the Itafos Arraias SSP Operations, which consists
of an integrated fertilizer producing facility comprised of a
phosphate mine, a mill, a beneficiation plant, a sulphuric acid
plant, an SSP plant and a granulation plant and related
infrastructure located in central Brazil ("Itafos Operations").
The Itafos Operations are estimated to have production capacity of
approximately 500,000 tonnes of SSP per annum.  MBAC's exploration
portfolio includes a number of additional exciting projects, which
are also located in Brazil.  The Santana Phosphate Project is a
high-grade phosphate deposit located in close proximity to the
largest fertilizer market of Mato Grosso State and animal feed
market of Para State.


MEDIMPACT HOLDINGS: S&P Rates Proposed $400MM Term Loan A 'BB-'
---------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating (one notch
above the corporate credit rating) to U.S.-based pharmacy benefit
manager MedImpact Holdings Inc.'s proposed $400 million first-lien
term loan A due 2021, which is being issued by subsidiary MI OpCo
Holdings Inc.  While MedImpact Holdings does not guarantee this
debt, S&P considers MI OpCo as a core subsidiary of MedImpact
Holdings Inc., given that that its business lines are integral and
closely linked to MedImpact Holdings Inc.'s overall strategy and
identity.  S&P assigned this debt its '2' recovery rating,
indicating S&P's expectation for substantial (70%-90%, at the lower
end of the range) recovery in a default.

The new term loan is rated the same as the company's existing
$350 million term loan B facility, which it refinances.

S&P's corporate credit rating on MedImpact is 'B+' with a positive
outlook.

S&P assess MedImpact's business risk profile as weak, characterized
by the company's limited market share (approximately 5%) in the
highly competitive pharmacy benefit management (PBM) market.
Although only a handful of sizable competitors remain in the PBM
marketplace following recent consolidation, MedImpact is dwarfed in
scale by Express and CVS/Caremark, which together hold more than
60% of the market.

S&P's assessment of the financial risk profile as significant
primarily reflects its expectation that the company will maintain
leverage in the mid-2x area and improve FFO (funds from operations)
to debt into the high-20% area by the end of 2016.

RATINGS LIST

MedImpact Holdings Inc.
Corporate Credit Rating                       B+/Positive/--

New Rating

MI OpCo Holdings Inc.
Senior Secured
  $400 Mil. First-Lien Term Loan A Due 2021    BB-
   Recovery Rating                             2L


MEGA INC: Unsecured Creditors to Get 42.22% Under Exit Plan
-----------------------------------------------------------
General unsecured creditors of Mega, Inc., will get 42.22% of their
claims, according to the company's proposed plan to exit Chapter 11
protection.

Under the restructuring plan, Class 4 general unsecured creditors
will receive 42.22% of their claims, to be paid over 120 months in
equal monthly payments of $372, according to the disclosure
statement filed with the U.S. Bankruptcy Court for the Southern
District of Florida.

A copy of the disclosure statement detailing the plan is available
for free at http://bankrupt.com/misc/MegaInc_2DS_07142016.pdf
  
                         About Mega Inc.

Mega, Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr.S.D. Fla. Case No. 15-25559) on August 27, 2015.  The
Debtor is represented by Brett A. Elam, Esq.


MELENDEZ ENTERPRISES: Hires Miranda & Maldonado as Counsel
----------------------------------------------------------
Melendez Enterprises, LLC, dba Premium Carriers, files a second
application with the U.S. Bankruptcy Court for the Western District
of Texas to employ Miranda & Maldonado, P.C., as bankruptcy
counsel.

The Debtor requires Miranda & Maldonado to:

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

   (b) review prepetition executory contracts and unexpired
       leases entered into by the Debtor and to determine which
       contracts or contracts should be rejected;

   (c) prepare on behalf of the Debtor necessary applications,
       answers, ballots, judgments, motions, notices,
       objections, orders, reports and any other legal
       instrument necessary;

   (d) assist the Debtor in the preparation of a Disclosure
       Statement and the negotiation of a Plan of Reorganization
       with the creditors in its case, and any amendments; and

   (e) perform all other legal services for the Debtor, as
       debtor-in-possession which may become necessary to
       effectuate a successful reorganization of the Bankruptcy
       Estate.

Miranda & Maldonado will be paid at these hourly rates:

       Carlos A. Miranda III, Esq.         $300
       Gabe Perez, Esq.                    $200
       Legal Assistant & Law Clerks        $75-$125

Miranda & Maldonado will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Miranda & Maldonado received the total prepetition retainer in the
amount of $10,000. Of this amount, $1,717 was applied for Chapter
11 filing fee as well as certain funds that were applied to the
prepetition legal services performed by the firm.  As of the filing
of this application, the remaining amounts in trust are $5,183.

Carlos A. Miranda, attorney of Miranda & Maldonado, 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.

Miranda & Maldonado can be reached at:

       Carlos A. Miranda, III, Esq.
       Gabe Perez, Esq.
       MIRANDA & MALDONADO, P.C.
       5915 Silver Springs, Bldg. 7
       El Paso, TX 79912
       Tel: (915) 587-5000
       Fax: (915) 587-5001
       E-mail: cmiranda@eptxlawyers.com
               gperez@eptxlawyers.com

Headquartered in El Paso, Texas, Melendez Enterprises, LLC, dba
Premium Carriers, filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Tex. Case No. 16-30612) on April 20, 2016, estimating
its assets between $1 million and $10 million and its liabilities
at between $500,000 and $1 million.  The petition was signed by
Ruben Melendez, Jr., manager.

Judge Christopher H. Mott presides over the case.

Carlos A. Miranda, III, Esq., at Miranda & Maldonado, P.C., serves
as the Debtor's bankruptcy counsel.


MERRIMACK PHARMACEUTICALS: Incurs $50.8 Million Net Loss in Q2
--------------------------------------------------------------
Merrimack Pharmaceuticals, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss attributable to the Company of $50.8 million on $33.7
million of total revenues for the three months ended June 30, 2016,
compared to a net loss attributable to the Company of $22.8 million
on $36.6 million of total revenues for the same period last year.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to the Company of $89.2 million on $54.96 million
of total revenues compared to a net loss attributable to the
Company of $57.5 million on $51.4 million of total revenues for the
six months ended June 30, 2015.

Interest expense was $21.1 million for the second quarter of 2016,
compared to $8.60 million for the first quarter of 2016.  This
$12.5 million increase was primarily due to a $14.6 million
one-time, non-cash loss related to the induced conversion of an
aggregate principal amount of $64.2 million of Merrimack's
convertible notes in April 2016.

As of June 30, 2016, Merrimack had $150 million in total assets,
$352 million in total liabilities, and a $201 million total
stockholders' deficit.

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

                      https://is.gd/0TUS2U

                        About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc., a
biopharmaceutical company discovering, developing and preparing to
commercialize innovative medicines consisting of novel
therapeutics paired with companion diagnostics.  The Company's
initial focus is in the field of oncology.  The Company has five
programs in clinical development.  In it most advanced program,
the Company is conducting a pivotal Phase 3 clinical trial.

Merrimack reported a net loss of $148 million on $89.3 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $83.6 million on $103 million of total revenues for the
year ended Dec. 31, 2014.


METER READINGS: S&P Assigns 'B' CCR & Rates $345MM Loan 'B'
-----------------------------------------------------------
S&P Global Ratings said that it had assigned its 'B' corporate
credit rating to Hazelwood, Mo.-based Meter Readings Holding LLC.
The company is the corporate parent and guarantor of AMI services
company Aclara Technologies LLC.

At the same time, S&P assigned its 'B' issue-level rating and '3'
recovery rating to the company's proposed $345 million senior
secured first-lien term loan.  The '3' recovery rating indicates
S&P's expectation for meaningful (50%-70%; upper half of the range)
recovery in the event of a payment default.  The existing $70
million asset-based lending (ABL) facility is unrated.

Aclara has a relatively narrow scope of operations and limited
product diversity as a provider of AMI products and services to
electric, water, and gas utilities.  The company faces uncertainty
regarding utilities' meter deployment cycles, somewhat high
customer concentration, and the risk of technological change. These
risks are partially offset by contract terms that provide some
visibility on revenue, a solid order backlog, adequate geographic
diversification, and growing profitability.  Aclara is a portfolio
company of financial sponsor Sun Capital Partners, and S&P expects
the company to maintain an adjusted debt to EBITDA ratio that
approaches or exceeds 5x.

With pro forma revenue of $474 million as of May 31, 2016, Aclara
is a provider of AMI sensors, communications devices, and software
(45% of pro forma revenue), electric meters (50%), and installation
services (5%).  AMI refers to a system of devices, networks, and
data management systems that allow for two-way communication
between utilities and their customers.  The company anticipates
that the growth potential of its industry is high and predicts that
the global installed base of 564 million smart meters in 2015 may
grow by 14% annually to 1.1 billion units by 2020.  Industry
participants compete based on their ability to offer low-cost and
highly reliable integrated solutions that are specifically suited
to a utility's objectives, allowing the customer to easily
interpret and manage the data collected. Competition for new meter
deployment projects, which may last from three to five years, can
be intense when new opportunities arise because the timing and
magnitude of new projects is uncertain and vendors may lower their
pricing in order to win new work. Technological change is another
risk that Aclara faces as the company and its competitors are
continually seeking to introduce new products and software with
improved capabilities that will make older products obsolete.

Aclara's 15% market share in the electric meters segment makes it
the third largest company in the space.  The company competes
against firms like Itron Inc., Elster Group GmbH, and Landis+Gyr in
this industry, which are larger, well-capitalized companies. The
company enjoys the No. 1 and No. 2 positions in the gas and water
AMI segments, respectively, but does not produce its own gas and
water meter hardware.

Aclara's customer concentration is moderately high, as SoCalGas and
Exelon account for 23% and 17% of its consolidated sales,
respectively.  Nonetheless, the company's overall market presence
is solid, with over 60 million user endpoints in 36 countries.  In
addition, Aclara has broad AMI capabilities, including a fixed
network radio frequency system that can communicate with electric,
water, and gas utility systems, a 2/3 market share in the
less-prevalent powerline carrier technology used for electric
meters in rural areas, and a solid order backlog of almost $800
million as of May 31, 2016.  The company's recent vertical
integration efforts could also continue to yield operating
benefits.  Aclara acquired General Electric Co.'s global electric
meters business in 2015 to provide it with a platform to integrate
its AMI software into an electric meter housing and purchased Smart
Grid Solutions (SGS) in March 2016 to help grow its installation
and aftermarket services.  The GE acquisition has already borne
fruit, as in February Aclara was awarded a $310 million contract
with Consolidated Edison Inc. to deploy five million meters
starting in 2017, although the utility will be using a competitor's
network platform.

During the next three years, S&P anticipates that Aclara's ability
to achieve cost synergies, improve its operating efficiency, and
secure new order wins will result in weighted average EBITDA
margins of over 18% during our forecast period.  This would compare
quite favorably to the 10% margins the company was generating in
2014, prior to its recent acquisitions.

Financial sponsor Sun Capital Partners acquired Aclara in 2014 from
ESCO Technologies and combined it with GE's electric meters
business the following year.  It will award itself and its minority
shareholders a $66 million dividend distribution as part of this
transaction.  While the company's adjusted debt-to-EBITDA ratio
following the transaction will be less than 4.5x, S&P believes
there is a risk that aggressive financial policies from financial
sponsor ownership could result in this ratio exceeding 5x.  S&P
would need to see the company and its owners commit to and abide by
a financial policy consistent with debt leverage of below 5x before
S&P would revise its financial risk assessment.  S&P expects Aclara
to continue to make debt-funded bolt-on acquisitions from time to
time to fuel its growth.

The stable outlook on Aclara reflects S&P's expectation that the
company should see steady organic and inorganic growth supported by
contributions from its recent acquisitions over the next 12 months.
The company's good order backlog, new business wins, additional
product offerings, and merger and acquisition synergies should
support its operating performance going forward, though its good
performance may be partially offset by operational expenses to grow
its market share and typical customer churn.  The company has a
demonstrated track record of enhancing its growth via bolt-on
acquisitions and S&P expects that it will continue to pursue small
bolt-on acquisitions as part of its growth strategy.  Given
Aclara's ownership by financial sponsor Sun Capital Partners, the
company may potentially provide debt-funded returns to its equity
holders.

S&P could lower its ratings on Aclara if a significant decline in
its earnings or a large debt-financed acquisition or similar
shareholder return causes its total debt-to-EBITDA metric to exceed
6x without clear prospects for recovery.  This could occur if the
company faces operational challenges following unexpected volume
declines from cancelled projects, the loss of key customer
contracts, the substitution of its products, or an inability to
effectively manage its highly variable cost structure.  Based on
S&P's downside scenario, this could occur if Aclara's operating
margins weaken by more than 300 basis points (bps) or its volume
declines by over 15%.

Given S&P's current assessment of Sun Capital Partners' financial
policies, it views an upgrade over the next 12 months as unlikely.
However, S&P could raise its ratings on Aclara by one notch if the
company commits to--and demonstrates a track record of--operating
with a debt-to-EBITDA metric of 4x-5x, a FFO-to-debt ratio of near
20%, and a consistently positive free cash flow-to-debt ratio with
no prospects for near-term material deterioration.  Any additional
upgrades would likely depend on whether the company can
meaningfully strengthen its business risk profile through enhanced
scale, market share wins, improved pricing, and operating
efficiencies.


MGIC INVESTMENT: Moody's Assigns Ba3 Rating on $350MM Sr. Notes
---------------------------------------------------------------
Moody's Investors Service has assigned a Ba3 rating to MGIC
Investment Corp.'s (NYSE: MTG) planned issuance of $350 million in
senior unsecured notes due August 2023.  Moody's has also assigned
provisional ratings to MTG's shelf registration.  The rating
outlook is stable.

Moody's expectation is that the company will use most of the net
proceeds to purchase a portion of its $500 million of outstanding
2% convertible senior notes due 2020.  Some of the proceeds may
also be used to purchase some of its $256.9 million of outstanding
9% convertible junior subordinated debentures due 2063 that are not
owned by MGIC, its principal subsidiary.  In cases where the
company would have to use shares of its common stock as an
incentive for convertible noteholders to sell their notes, the
company intends to use part of the net proceeds to purchase shares
of its common stock to offset the shares used as partial
consideration in the purchase of the 2020 convertible notes in open
market purchases, in privately negotiated transactions or
otherwise.  Any remaining net proceeds will be added to the
company's funds available for general corporate purposes.

                          RATINGS RATIONALE

"We believe that MTG's planned debt issuance and related purchase
of some of its 2020 convertible notes will extend the company's
debt maturity profile and better align debt maturities with future
dividend capacity from its operating subsidiaries," said Kevin Lee,
Moody's analyst for MTG.

The Ba3 senior debt rating at the parent company reflects
structural subordination to policyholder claims at the operating
subsidiaries and Moody's standard practice of rating the parent's
senior unsecured obligations at three notches below the insurance
financial strength of its principal operating subsidiary if the
operations are based in the US.

The Baa3 insurance financial strength rating of MTG's principal
operating subsidiary, Mortgage Guaranty Insurance Corp., reflects
its diverse customer base, compliance with Fannie Mae's and Freddie
Mac's capital standards (the "PMIERS"), profitable business written
since the 2008 crisis, and improving holding company liquidity
which alleviates some of the pressures to seek significant
dividends from MGIC.

However, MGIC's rating continues to be weighed down by its parent's
significant debt burden (~30% adjusted debt-to-capital as of
06/30/16), an unresolved IRS tax dispute, and a crowded mortgage
insurance market.

               WHAT COULD MOVE THE RATINGS UP OR DOWN

The following factors could lead to an upgrade: (a) convertible
notes convert to common shares; (b) better alignment of the
parent's debt maturity profile to MGIC's expected dividend capacity
and/or reduction of debt at the parent; (c) comfortable compliance
with PMIERS; (d) more clarity about the range of potential outcomes
in the group's tax dispute with the IRS.

The following factors could lead to a downgrade: (a) non-compliance
with PMIERS;(b) deterioration in the parent company's ability to
meet its debt service requirements; (c) an adverse outcome on the
IRS tax dispute that is significantly beyond the amount that has
already been placed on deposit or held in reserves.

                        LIST OF RATING ACTIONS

This rating has been assigned:

MGIC Investment Corporation -- $350 million senior unsecured notes
due August 2023 at Ba3; provisional senior unsecured shelf at
(P)Ba3; provisional subordinated shelf at (P)B1; provisional
preferred stock shelf at (P)B2.

MGIC Investment Corporation is the parent company of Mortgage
Guaranty Insurance Corporation which insures mortgages throughout
the United States.  At June 30, 2016, the consolidated group had
$5.7 billion of total assets, $2.5 billion of shareholders' equity,
and $177.5 billion of primary insurance in force covering
approximately one million mortgages.

The principal methodology used in these ratings was Mortgage
Insurers published in April 2016.


MGM RESORTS: Reports Second Quarter Financial Results
-----------------------------------------------------
MGM Resorts International reported net income attributable to the
Company of $474 million on $2.26 billion of revenues for the three
months ended June 30, 2016, compared to net income attributable to
the Company of $87.5 million on $2.38 billion of revenues for the
same period during the prior year.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $541 million on $4.47 billion
of revenues compared to net income attributable to the Company of
$267 million on $4.71 billion of revenues for the six months ended
June 30, 2015.

As of June 30, 2016, MGM Resorts had $26.5 billion in total assets,
$17.02 million in total liabilities and total stockholders' equity
of $9.52 million.

"I am incredibly proud of the concerted effort of our talented
executive teams and employees that produced our most profitable
quarter in eight years at our domestic resorts," said Jim Murren,
Chairman & CEO of MGM Resorts.  "Our Profit Growth Plan drove our
domestic resorts Adjusted Property EBITDA to grow an impressive 12%
and Adjusted Property EBITDA margins to improve by over 350 basis
points, despite a record-breaking May last year. With a solid
foundation of operational excellence and the continued strength in
the Las Vegas market, in which we are the clear leader, we believe
that MGM Resorts is well-positioned to further improve our
financial strength to deliver sustainable value to our
shareholders."

"Our strong operating results and the strategic initiatives we have
successfully completed this year including the initial public
offering of MGM Growth Properties, the acquisition and subsequent
sale of the real property of Borgata, and the sale of Crystals and
its related CityCenter distribution, have significantly
strengthened our financial position," said Dan D'Arrigo, executive
vice president and CFO of MGM Resorts International.  "We remain
focused on maximizing our free cash flow, which we believe will
allow us to achieve our goal of becoming investment grade."

The Company's cash balance at June 30, 2016, was $2.5 billion,
which included $447 million at MGM China and $338 million at MGP.
At June 30, 2016, the Company had $250 million outstanding under
its $1.5 billion senior secured credit facility, $2.1 billion
outstanding under the $2.74 billion MGP senior credit facility,
$1.7 billion outstanding under the $3 billion MGM China credit
facility, and $350 million outstanding under the $525 million MGM
National Harbor credit facility.

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

                       https://is.gd/04tT5v

                        About MGM Resorts

MGM Resorts International (NYSE: MGM) a global hospitality
company, operating a portfolio of destination resort brands
including Bellagio, MGM Grand, Mandalay Bay and The Mirage.  The
Company also owns 51% of MGM China Holdings Limited, which owns
the MGM Macau resort and casino and is in the process of
developing a gaming resort in Cotai, and 50% of CityCenter in Las
Vegas, which features ARIA resort and casino.  For more
information about MGM Resorts International, visit the
Company's Web site at www.mgmresorts.com.

MGM Resorts reported a net loss attributable to the Company of
$447.72 million in 2015, a net loss attributable to the Company of
$149.87 million in 2014 and a net loss attributable to the Company
of $171.73 milion in 2013.

                           *     *     *

As reported by the TCR on Nov. 14, 2011, Standard & Poor's Ratings
Services raised its corporate credit rating on MGM Resorts
International to 'B-' from 'CCC+'.   In March 2012, S&P revised
the outlook to positive from stable.

"The revision of our rating outlook to positive reflects strong
performance in 2011 and our expectation that MGM will continue to
benefit from the improving performance trends on the Las Vegas
Strip," S&P said.

In March 2012, Moody's Investors Service affirmed its B2 corporate
family rating and probability of default rating.  The affirmation
of MGM's B2 Corporate Family Rating reflects Moody's view that
positive lodging trends in Las Vegas will continue through 2012
which will help improve MGM's leverage and coverage metrics,
albeit modestly. Additionally, the company's declaration of a $400
million dividend ($204 million to MGM) from its 51% owned Macau
joint venture due to be paid shortly will also improve the
company's liquidity profile. The ratings also consider MGM's
recent bank amendment that resulted in about 50% of its
$3.5 billion senior credit facility being extended one year from
2014 to 2015.

As reported by the TCR on Sept. 29, 2014, Fitch Ratings has
upgraded MGM Resorts International's (MGM) and MGM China Holdings
Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-',
respectively.  Fitch's upgrade of MGM's IDR to 'B+' and the
Positive Outlook reflect the company's strong performance on the
Las Vegas Strip and in Macau as well as Fitch's longer-term
positive outlooks for these markets.


MGM RESORTS: S&P Raises CCR to 'BB-',  Off CreditWatch Positive
---------------------------------------------------------------
S&P Global Ratings said it raised its corporate credit ratings on
Las Vegas-based MGM Resorts International and MGM Growth Properties
LLC (MGP) to 'BB-' from 'B+' and removed them from CreditWatch,
where S&P had placed them with positive implications on June 1,
2016.  The rating outlook is stable.

At the same time, S&P raised all issue-level ratings one notch in
line with the upgrade of the companies, and also removed them from
CreditWatch.

"The upgrade reflects our expectation that continued good operating
performance at MGM's Las Vegas and regional properties, in part
resulting from MGM's profit growth plan, combined with cash flow
contributions from the opening of new resorts over the next few
quarters, will support improvement in MGM's leverage to around 5x
by the end of 2017 from around 5.5x at the end of 2016," said S&P
Global Ratings credit analyst Melissa Long.

S&P expects Borgata's good free cash flow generation will also
support MGM's goal to reduce leverage through 2017.  S&P's
expectation that leverage will improve to around 5x by the end of
2017, funds from operations (FFO) to debt will increase to more
than 12%, and EBITDA coverage of interest will improve to above 3x
support S&P's revision of MGM's financial risk profile to
aggressive from highly leveraged, and the one notch higher rating.

The stable outlook reflects S&P's expectation that MGM will be able
to improve leverage to around 5x by the end of 2017 from the mid-5x
area in 2016, FFO to debt to above 12%, and EBITDA coverage of
interest above 3x.  S&P expects continued good performance at its
Las Vegas resorts and regional casinos as a result of the
implementation of its profit growth plan, as well as the cash flow
contributions from its newly opened resorts (MGM National Harbor
and MGM Cotai) in 2017, will support deleveraging over the next
year.


MICROSEMI COMMUNICATIONS: Egan-Jones Withdraws B Sr. Unsec. Rating
------------------------------------------------------------------
Egan-Jones Ratings Company assigned a No Rating status to debt
issued by Microsemi Communications Inc. on July 26, 2016.  EJR
previously gave the Company a B senior unsecured debt rating.

Based in California, Microsemi Communications, Inc. designs,
develops, and markets semiconductor products for carrier and
enterprise networking applications worldwide.


MID CITY TOWER: Hires Stewart Robbins as Attorney
-------------------------------------------------
Mid City Tower, LLC, seeks authority from the U.S. Bankruptcy Court
for the Middle District of Louisiana to employ Stewart Robbins &
Brown, LLC as attorneys to the Debtor.

Mid City Tower requires Stewart Robbins to give legal advice with
respect to the Debtor's powers and duties as a debtor-in-possession
in the continued operation of the Debtor's business and management
of the Debtor's property and to perform all legal services for the
debtor-in-possession which may be necessary therein.

Stewart Robbins will be paid at these hourly rates:

     Ryan J. Richmond                        $315
     Brandon A. Brown                        $350
     P. Douglas Stewart, Jr.                 $360
     William S. Robbins                      $350
     Brooke Altazan                          $275
     Staff (paralegals, secretaries, etc.)   $90

Stewart Robbins received in trust a retainer in the amount of
$16,717. This retainer was paid by Debtor from its funds in two
checks. The first check was in the amount of $10,000 and delivered
to Stewart Robbins on July 28, 2016. The second check was a
cashier's check in the amount of $6,717 and delivered to Stewart
Robbins on July 25, 2016.

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

Brandon A. Brown, member of Stewart Robbins & Brown, 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.

Stewart Robbins can be reached at:

     Brandon A. Brown, Esq.
     620 Florida Street, Suite 100
     Baton Rouge, LA 70821-2348
     Tel: (225) 231-9998
     Fax: (225) 709-9467
     E-mail: bbrown@stewartrobbins.com

                     About Mid City Tower

Mid City Tower, LLC, based in Baton Rouge, LA, filed a Chapter 11
petition (Bankr. M.D. La. Case No. 16-10877) on July 26, 2016.  The
Hon. Douglas D. Dodd presides over the case.  Brandon A. Brown,
Esq., and Ryan James Richmond, Esq., at Stewart Robbins & Brown,
LLC, as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by Mathew S. Thomas, manager.


MIDSTATES PETROLEUM: Unsecureds To Get 1.2% of New Common Stock
---------------------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
Southern District of Texas has approved the Disclosure Statement
describing Midstates Petroleum Company, Inc., et al.'s joint plan
of reorganization.

A hearing on the confirmation of the Plan is scheduled for Aug. 17,
2016, at 3:00 p.m.; provided that, upon the filing of a continuance
notice, the Confirmation Hearing will be held on Aug. 29, 2016, at
9:00 a.m.

The Debtors filed on July 13, 2016, the Disclosure Statement for
the First Amended Joint Chapter 11 Plan of Reorganization, which
proposes that holders of Class 7 Unsecured Notes/General Unsecured
Claims receive their Pro Rata share of 1.2% of the New Common Stock
of Reorganized Parent.

Class 7 claims are estimated at $674,205,212.  Projected recovery
for the claims are: (a) 0.9% (if no challenge or settlement
termination event is triggered); (b) 0.5% (if a challenge or
settlement termination event is triggered).

These dates are established with respect to the solicitation of
votes to accept, and voting on, the Plan as well as filing
objections to the Plan and confirming the Plan (all times
prevailing Central Time):

Voting Record Date                  -- July 7, 2016

Service of Confirmation Notice      -- July 13, 2016 (expected)

Solicitation Deadline               -- July 18, 2016

Publication Deadline                -- July 20, 2016; provided
                                       that the deadline will be
                                       extended to July 25, 2016,
                                       solely for publication in
                                       the Oil & Gas Journal

Deadline to File Plan Supplement    -- Aug. 3, 2016

Voting Deadline                     -- Aug. 10, 2016, at 4:00 p.m.

Plan Objection Deadline             -- Aug. 10, 2016, at 4:00
p.m.;
                                       provided that if the
                                       Official Committee of
                                       Unsecured Creditors advises

                                       the Debtors on or before
                                       Aug. 9, 2016, that it would

                                       like to continue the
                                       Confirmation Hearing, the
                                       Debtors will file an
                                       amended Confirmation Notice,

                                       substantially in the form
                                       attached as Schedule 12,    
                                 
                                       and the Plan Objection
                                       Deadline will be extended,
                                       solely for the Committee
                                       and the individual members
                                       thereof, until Aug. 22,
                                       2016, at 11:59 p.m.

Deadline to File Confirmation Brief -- Aug. 15, 2016, at 11:59
                                       p.m.; provided that,
                                       upon the filing of a
                                       Continuance Notice, the
                                       deadline to file the
                                       Confirmation Brief will be
                                       extended to Aug. 25, 2016,
                                       at 11:59 p.m.

Plan Objection Response Deadline    -- Aug. 15, 2016, at 11:59
                                       p.m.; provided that, upon
                                       the filing of a Continuance

                                       Notice, the Plan Objection
                                       Response Deadline will be
                                       extended to Aug. 25, 2016,
                                       at 11:59 p.m.

Deadline to File Voting Report      -- Aug. 15, 2016, at 11:59 p.m.


The Disclosure Statement is available at:

          http://bankrupt.com/misc/txsb16-32237-382.pdf

The Plan was filed by the Debtors' counsel:

     Edward O. Sassower, P.C.
     Joshua A. Sussberg, P.C.
     KIRKLAND & ELLIS LLP
     KIRKLAND & ELLIS INTERNATIONAL LLP
     601 Lexington Avenue
     New York, NY 10022
     Tel: (212) 446-4800
     Fax: (212) 446-4900
     E-mail: edward.sassower@kirkland.com
             joshua.sussberg@kirkland.com

          -- and --
     
     James H.M. Sprayregen, P.C.
     William A. Guerrieri, Esq.
     Jason Gott, Esq.
     KIRKLAND & ELLIS LLP
     KIRKLAND & ELLIS INTERNATIONAL LLP
     300 North LaSalle
     Chicago, IL 60654
     Tel: (312) 862-2000
     Fax: (312) 862-2200
     E-mail: james.sprayregen@kirkland.com
             will.guerrieri@kirkland.com

          -- and --

     Patricia B. Tomasco, Esq.
     Matthew D. Cavenaugh, Esq.
     Jennifer F. Wertz, Esq.
     JACKSON WALKER L.L.P.
     401 McKinney Street, Suite 190
     Houston, TX 77010
     Tel: (713) 752-4200
     Fax: (713) 752-4221

                   About Midstates Petroleum Company

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

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

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

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


MIDWAY GOLD: Unsecureds to Get 15% to 30% Under Liquidating Plan
----------------------------------------------------------------
General unsecured creditors of Midway Gold US Inc. may get up to
30% of their claims, according to a Chapter 11 plan of liquidation
the company filed with the U.S. Bankruptcy Court for the District
of Colorado.

Under the proposed liquidating plan, the estimated recovery of
general unsecured claims against Midway Gold US is between 15% and
30%.  These claims are estimated at $1.5 million.

The estimated recovery of general unsecured claims against Midway
Gold Corp., MDW Pan LLP, MDW Gold Rock LLP, and Midway Gold Realty
LLC is between 1% and 2%.

The plan also proposes the creation of a liquidating plan to, among
other things, sell, transfer or otherwise dispose of the remaining
assets of the companies, according to the disclosure statement
detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/MidwayGold_DS07212016.pdf

                        About Midway Gold

Midway Gold Corp., incorporated on May 14, 1996 under the laws of
the Province of British Columbia, Canada, is engaged in the
acquisition, exploration and development of mineral properties
located in the state of Nevada and Washington.

Midway Gold operates primarily through its wholly-owned subsidiary
located in the United States, Midway Gold US Inc.  The executive
offices are in Englewood, Colorado.  Midway US currently has one
gold producing property: the Pan gold mine located in White Pine
County, Nevada.  Midway also has gold properties which are
exploratory stage projects where gold mineralization has been
identified, such as the Tonopah project in Nye County, Nevada, the
Gold Rock project in White Pine County, Nevada, and the Golden
Eagle project in Ferry County, Washington.  Out of these projects,
a permitting process has been undertaken only for the Gold Rock
project.  Finally, Midway's Spring Valley property, another gold
property located in Pershing County, Nevada, is subject to a joint
venture with Barrick Gold Exploration Inc.

On June 22, 2015, Midway Gold US Inc. and 12 related entities,
including parent Midway Gold Corp. each filed a petition in the
U.S. Bankruptcy Court for the District of Colorado seeking relief
under Chapter 11 of the U.S. Bankruptcy Code.  The Debtors' cases
have been assigned to Judge Michael E. Romero.

Judge Michael E. Romero directed the joint administration of the
cases under Case No. 15-16835.

The Debtors tapped Squire Patton Boggs (US) LLP as lead bankruptcy
counsel; Sender Wasserman Wadsworth, P.C., as special bankruptcy
and restructuring counsel; DLA Piper (Canada) LLP, as Canadian
bankruptcy counsel; Ernst & Young Inc., as information officer of
Canadian court; RBC Capital Markets, as investment banker; FTI
Consulting as financial advisor; and Epiq Solutions, as claims and
noticing agent.

Midway Gold Corp. disclosed $184 million in assets and $62.4
million in liabilities as of March 31, 2015.  Midway Gold US Inc.,
disclosed total assets of $2,461,673 and total liabilities of
$122,448,181 as of the Chapter 11 filing.

In July, the U.S. Trustee overseeing the Debtors' cases appointed
seven creditors to serve on the official committee of unsecured
creditors.  The creditors are American Assay Laboratories, EPC
Services Company, InFaith Community Foundation, Jacobs Engineering
Group Inc., SRK Consulting (US) Inc., Sunbelt Rentals, and Boart
Longyear.  Gavin/Solmonese LLC serves as its financial advisor.


MOSAIC MANAGEMENT: Case Summary & 9 Unsecured Creditors
-------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                   Case No.
      ------                                   --------
      Mosaic Management Group, Inc.            16-20833
      1700 N.W. 2nd Avenue, Suite 100
      Boca Raton, FL 33432

      Mosaic Alternative Assets Ltd.           16-20834
         fdba Mosaic Caribe Ltd.
      1700 NW 2nd Ave. #100
      Boca Raton, FL 33432

      Paladin Settlements, Inc.                16-20835
      1700 NW 2nd Ave, #100
      Boca Raton, FL 33432
      
Chapter 11 Petition Date: August 4, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Erik P. Kimball

Debtors' Counsel: Leslie Gern Cloyd, Esq.
                  BERGER SINGERMAN LLP
                  350 E Las Olas Blvd #1000
                  Ft. Lauderdale, FL 33301
                  Tel: (954) 525-9900
                  Fax: (954) 523-2872
                  E-mail: lcloyd@bergersingerman.com

                                         Estimated   Estimated
                                          Assets    Liabilities
                                       -----------  -----------
Mosaic Management                      $0-50K        $50K-$100K
Mosaic Alternative                     $50M-$100M    $1M-$10M

The petitions were signed by Charles Thomas Ryals, president and
chief executive officer.

A. Mosaic Management's List of Nine Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
First Insurance Funding Corp.       E&O Insurance         $11,184
Email: hgehron@toddassociates.com

Bank of America                      Credit Card           $5,779
Email: mindy.nichols@baml.com

Kel-Mar, Inc.                           Vendor             $2,520
Email: bcrippen@mosaic-grp.com

Milner, Inc.                            Vendor             $1,377
Email: rsquiccirini@milner.com

Webtron, Inc.                           Vendor             $1,260
Email: walt@webtron.net

Windstream Communications               Vendor               $809
Email: Windstream.e-billing@windstream.com

ACE Cleaning Systems                    Vendor               $625
Email: zach@acecleaningsystems.com

Arrow Exterminators                     Vendor               $348
Email: xterminators.com

HC Consolidated Services, Inc.          Vendor               $230
Email: Harold.cuervo@me.com

B. Mosaic Alternative's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Caja Paraguaya de Jubilaciones        Settlement       $4,300,000
y Pen. del Personal de la              Agreement
Itaipu Binacional
Attn: J. Romero; Av.
Gra. Santos Nro. 395
Esq. Cayo Romero Pereira
Asuncion, Paraguay
Email: 59521202080 ext 318
Email: vicente.ramirez@cajubi.org.py

Infinite Legacy                   Loan/Promissory        $610,000
Investments Limited                     Note
c/o Peter Garcia
Unit 2209, 22F
Wu Chang House
213 Queen's Road East
Wanchai, Hong Kong
China
Email: p.garcia@mylegacygroup.com
Tel: 954-446-6696

Theler AG Mr. Max                      Investor           $119,624
Email: esther.zimmermann@thelerag.ch

Garcia, Carlos A. Ocasio               Investor            $73,759
Email: gascontrolproducts@yahoo.com

Turturro, Rick J.                      Investor            $61,338
Email: rjturro@gmail.com

Biller, Ralph Gunther                  Investor            $52,464
Email: aluhoch@gmx.de

PIT Production in Time GmbH            Investor            $45,915
Email: info@noelle-finanz.de

Offergeld, Oliver                      Investor            $45,870
Email: andre.boldin@primusconcept.com

STM Life                               Investor            $41,768
Email: bernadette.o'callaghan@stmlife.com

Jennor Timber                          Investor            $41,076
Email: ramon@velenski.eu

Baumgartner, Peter Gottfried           Investor            $40,996
Email: pegoba@gmx.ch

Partes, Ingrid F.                      Investor            $40,750
Email: cgrobe@azg-gmbh.de

Guardian SIPP Re.                      Investor            $40,186
Email: Zoe@guardianpc.co.uk

Huang, Hui-Ping                        Investor            $39,177
Email: fpat@ms66.hinet.net

Sherill, Daryle Lynne                  Investor            $37,842

Shields, Michael Innis                 Investor            $36,179
Email: michael.shields@btconnect.com

Preiswerk, Georges                     Investor            $35,280
Niedeholzstrasse
Email: georges.preiswerk@vtxmail.ch

City Pensions Ltd.                     Investor            $35,156
Email: catherine.bartram@citytrustees.
co.uk

PJCH Profit Sharing Retirement Plan    Investor            $33,743
Email: vb099@yahoo.com

Guardian SIPP re:                      Investor            $33,501
John Stewart Greaves  
Email: Zoe@guardianpc.co.uk

C. Paladin Settlements' List of Two Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Primera Headquarters                 Loan Payment         $2,241
Partners LLC
Email: heather@primeracompanies.com

Time Warner Cable                    Cable Internet       $1,048
Email: ccissues@twcable.com              Services


N.P.H.B. RESTAURANT: Involuntary Chapter 11 Case Summary
--------------------------------------------------------
Alleged Debtor: N.P.H.B. Restaurant Corp.
                3850 Poplar Avenue
                Brooklyn, NY 11224

Case Number: 16-11668

Nature of Business: Single Asset Real Estate

Involuntary Chapter 11 Petition Date: May 27, 2016

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

Judge: Hon. Michael E. Wiles

Alleged creditor who signed the petition:

   Petitioner                  Nature of Claim  Claim Amount
   ----------                  ---------------  ------------
Nurit Kaufman                       Loan            $18,500
3846 Poplar Avenue
Brooklyn, NY 11224


NANA DEVELOPMENT: S&P Lowers CCR to 'B-'; Outlook Negative
----------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
Anchorage, Alaska-based NANA Development Corp. to 'B-' from 'B'.
The outlook is negative.

At the same time, S&P lowered its issue-level ratings on NANA
Development's term loan and senior secured notes to 'B' from 'B+'.
The '2' recovery rating on the term loan and notes indicates S&P's
expectation for substantial recovery (70%-90%; lower half of the
range) in the event of a payment default.

"The downgrade reflects our view that NANA Development's fiscal
2016 operating performance and credit measures will be weaker than
previously expected," said S&P Global Ratings credit analyst Robyn
Shapiro.  "This is primarily due to decreased profitability as a
result of the company's exposure to low oil prices in its oil
support work."

S&P Global Ratings' ratings on NANA Development incorporates S&P's
view of the company's vulnerable business risk, with its reliance
on government spending, as well as S&P's belief of increased risk
to the company's operating performance, as NANA Development has
increasingly come to depend on the royalty stream related to the
Red Dog Mine (a large zinc mining operation) from its parent, NANA
Regional Corp. (NRC), which can be volatile.

The negative outlook on NANA Development reflects a one-in-three
chance S&P could lower the ratings if operating performance is
weaker than S&P's base-case expectations.  This could occur if the
company's work related to the oil industry is less than S&P
currently expects for fiscal 2017 or if the company is unable to
successfully execute on sufficient cost cutting measures to match
demand.

S&P could revise the outlook to stable within the next 12 months if
operating performance in the company's oil and gas sector
stabilizes and S&P forecasts the company will maintain adequate
liquidity, with discretionary cash flow approaching 5% or greater.


NATIONAL CERAMICS: Unsecured Creditors to Get 1% to 5% Under Plan
-----------------------------------------------------------------
National Ceramics of Florida, Corp. filed with the U.S. Bankruptcy
Court for the Southern District of Florida its latest disclosure
statement detailing the company's Chapter 11 plan of
reorganization.

The plan proposes to pay unsecured creditors of National Ceramics
1% to 5% of their claims on the effective date of the plan based
upon a $20,000 cash infusion from equity owners of the company.

Keystone, the company's only secured creditor, will be paid in full
while equity interest holders will retain their interests in
exchange for $20,000 cash infusion and general releases.

A copy of the latest disclosure statement is available for free at

http://bankrupt.com/misc/NationalCeramics_1stDS07202016.pdf

                    About National Ceramics

National Ceramics of Florida, Corp. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-14739) on
April 1, 2016.  The Debtor is represented by David R. Softness,
Esq., at David R. Softness, PA.

The Troubled Company Reporter, on May 19, 2016, reported that the
Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of National Ceramics of Florida, Corp.


NATIONWIDE PARTS: Hires Mary Jo Rivero as Counsel
-------------------------------------------------
Nationwide Parts & Hardware, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Mary Jo Rivero, P.A. as counsel, nunc pro tunc to July 15, 2016
petition date.

The Debtor requires the counsel to:

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

   (b) advise the Debtor with respect to its responsibilities in
       complying with the U.S. Trustee's Operating Guidelines and
       Reporting Requirements and with the rules of the Court;

   (c) prepare motions, pleadings, orders, applications, adversary

       proceedings, and other legal documents necessary in the
       administration of the case;

   (d) protect the interest of the Debtor in all matters pending
       before the Court; and

   (e) represent the Debtor in negotiation with its creditors in
       the preparation of a plan.

In the one year prior to filing the Chapter 11 case, Mary Jo
Rivero, P.A. received a retainer totaling $5,500 in connection with
this case. Prior to the petition date Ms. Rivero applied $3,467
toward pre-petition fees and costs, leaving a balance of $1,533 as
a security retainer for post-petition services.

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

Ms. Rivero 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.

Ms. Rivero can be reached at:

       MARY JO RIVERO, P.A.
       1806 N. Flamingo Rd., Suite 355
       Pembroke Pines, FL 33028
       Tel: (954) 704-9332

            About Nationwide Parts & Hardware, Inc.

Nationwide Parts & Hardware, Inc. filed a chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-19878) on July 15, 2016.  The
petition was signed by Christopher E. Ortiz, president.

The Debtor is represented by Mary Jo Rivero, Esq., at Mary Jo
Rivero, P.A.  The case is assigned to Judge Paul G. Hyman, Jr.

The Debtor estimated assets at $50,000 to $100,000 and debts at $1
million to $10 million.


NAVISTAR INTERNATIONAL: To Present at Jefferies 2016 Conference
---------------------------------------------------------------
Navistar International Corporation announced that Walter Borst,
executive vice president and chief financial officer, will discuss
business matters related to the Company during the Jefferies 2016
Industrial Conference in New York on Thursday, August 11th, which
is scheduled to begin at 1:40 p.m. Eastern.

The live webcast can be accessed through the investor relations
page of the Company's website at
http://www.navistar.com/navistar/investors/webcasts. Investors are
advised to log on to the website at least 15 minutes prior to the
start of the webcast to allow sufficient time for downloading any
necessary software.  The webcast will be available for replay at
the same address approximately three hours following its
conclusion, and will remain available for a limited time.

                 About Navistar International

Navistar International Corporation (NYSE: NAV) --
http://www.navistar.com/-- is a holding company whose             

subsidiaries and affiliates subsidiaries produce International(R)
brand commercial and military trucks, MaxxForce(R) brand diesel
engines, IC Bus(TM) brand school and commercial buses, Monaco RV
brands of recreational vehicles, and Workhorse(R) brand chassis
for motor homes and step vans.  It also is a private-label
designer and manufacturer of diesel engines for the pickup truck,
van and SUV markets.  The Company also provides truck and diesel
engine parts and service.  Another affiliate offers financing
services.

                          *     *     *

In the July 22, 2015, edition of the TCR, Moody's Investors Service
affirmed Navistar International Corporation's Corporate Family
Rating at B3 and assigned a Ba3 rating to Navistar, Inc.'s new
$1.04 billion senior secured term loan due 2020.

Navistar carries a 'B-' issue-level rating from Standard & Poor's
Ratings Services and 'CCC' Issuer Default Ratings from Fitch
Ratings.


NEBLETT INC: Plan Outline Has Conditional OK, Hearing on Aug. 31
----------------------------------------------------------------
The Hon. Kevin R. Huennekens of the U.S. Bankruptcy Court for the
Eastern District of Virginia has entered an order conditionally
approving the Disclosure Statement filed by Neblett, Inc.

The Disclosure Statement was filed on June 29, 2016.

A hearing to consider the final approval of the Disclosure
Statement and for the confirmation of the Plan is set for Aug. 31,
2016, at 1:00 p.m.

Aug. 24, 2016, is fixed as the last day for filing written
acceptances or rejections of the plan.

Neblett, Inc., filed for Chapter 11 bankruptcy protection (Bankr.
E.D. Va. Case No. 16-30376) on Feb. 1, 2016.  Karen M. Crowley,
Esq., at Crowley, Liberatore, Ryan & Brogan, P.C., serves as the
Debtor's bankruptcy counsel.


NET ELEMENT: Swaps $100,000 for 52,791 Common Shares
----------------------------------------------------
Net Element, Inc., opted to exchange a tranche in the aggregate
amount of $100,000 for 52,791 shares of the Company common stock
based on the "exchange price" of $1.8943 per share for this tranche
pursuant to the Master Exchange Agreement with Crede CG III, Ltd.
The Agreement and its terms were disclosed in the Company's Current
Report on Form 8-K filed on May 3, 2016.  Those shares of common
stock of the Company were issued to Crede under an exemption from
the registration requirements of the Securities Act of 1933, as
amended, in reliance upon Section 3(a)(9) of the Securities Act.

                       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 $10.2 million on $21.4 million of total revenues for
the year ended Dec. 31, 2014.

As of March 31, 2016, Net Element had $21.6 million in total
assets, $14.1 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.


NEW YORK CRANE: Taps Robert Friedbauer as Accountant
----------------------------------------------------
New York Crane & Equipment Corp., et al., seek permission from the
Hon. Carla E. Craig of the U.S. Bankruptcy Court for the Eastern
District of New York to employ Robert L. Friedbauer CPA PC as
accountant.

The Corporate Debtors seek to employ the firm to prepare tax
returns for the Debtors, assist the Corporate Debtors in preparing
operating reports, respond to voluminous production requests,
assist the Corporate Debtors to formulate a Plan and provide any
other accounting services needed by the Corporate Debtors in their
Chapter 11 cases.

The firm will be paid at these hourly rates:

       Tax Partner              $300
       Staff Accountant         $75

The firm was not paid a retainer by the Corporate Debtors.  The
firm expect monthly fees with total approximately $2,000-$3,000 for
normal accounting services, however, monthly fees will increase to
$6,000-$8,000 when tax returns and financials are prepared during
September-November; January-March.

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

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

The firm can be reached at:

       Robert L. Friedbauer
       ROBERT L. FRIEDBAUER CPA PC
       696 Pallisade Avenue
       Teaneck, NJ 07666
       Tel: (201) 692-8188

                       About New York Crane

New York Crane & Equipment Corp., J.F. Lomma, Inc. (De.), J.F.
Lomma, Inc. (N.J.), and James F. Lomma filed Chapter 11 bankruptcy
petitions (Bankr. E.D.N.Y. Case Nos. 16-40043, 16-40044, 16-40045
and 16-40048, respectively.  The petitions were signed by James F.
Lomma as president.  New York Crane & Equipment disclosed total
assets of $9.8 million and total debts of $22.05 million.  Goldberg
Weprin Finkel Goldstein LLP serves as the Debtors' counsel.  Judge
Carla E. Craig presides over the cases.

The corporate Debtors operate crane, trucking and rigging companies
doing business in New York City and other parts of the country.
James Lomma is the president and sole shareholder of the corporate
Debtors.

On January 8, 2016, an Order was entered providing for the joint
administration of these related Chapter 11 cases.

An Official Committee of Unsecured Creditors has been appointed,
and has tapped Togut, Segal & Segal LLP as its counsel.


NORTEK INC: Egan-Jones Assigns B- Sr. Unsecured Ratings
-------------------------------------------------------
Egan-Jones Ratings Company assigned B- senior unsecured ratings on
debt issued by Nortek Inc on July 19, 2016.  EJR also gave B rating
on commercial paper issued by the Company.

Nortek, Inc. manufactures and sells products for remodeling and
replacement, residential and commercial new construction, and
personal and enterprise computer markets primarily in the United
States, Canada, and Europe.


NORTHERN OIL: Announces 2016 Second Quarter Results
---------------------------------------------------
Northern Oil and Gas, Inc., reported a net loss of $109 million on
$32.0 million of total revenues for the three months ended June 30,
2016, compared to a net loss of $250 million on $40.9 million of
total revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $236 million on $63.9 million of total revenues compared to
a net loss of $480 million on $117 million of total revenues for
the same period last year.

As of June 30, 2016, Northern Oil had $465 million in total assets,
$895 million in total liabilities and a total stockholders' deficit
of $430 million.

"Northern continues to be very selective with capital expenditures
by allocating spending to only the highest rate of return drilling
opportunities," commented Northern's chief executive officer,
Michael Reger.  "Our financial position remains strong with
liquidity of over $220 million, years of drilling inventory in the
core of the Bakken and Three Forks play and a high quality backlog
of wells awaiting completion."

At June 30, 2016, Northern had $132 million in outstanding
borrowings under its revolving credit facility resulting in
quarter-end liquidity of $221.7 million, composed of $3.7 million
in cash and $218.0 million of revolving credit facility
availability.

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

                        https://is.gd/PRglKW

                        About Northern Oil

Northern Oil and Gas, Inc. is an exploration and production company
with a core area of focus in the Williston Basin Bakken and Three
Forks play in North Dakota and Montana.  More information about
Northern Oil and Gas, Inc. can be found at
http://www.NorthernOil.com/  

Northern Oil reported a net loss of $975 million in 2015 following
net income of $164 million in 2014.


NORTHERN OIL: Incurs $109 Million Net Loss in Second Quarter
------------------------------------------------------------
Northern Oil and Gas, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $109 million on $32.0 million of total revenues for the three
months ended June 30, 2016, compared to a net loss of $250 million
on $40.9 million of total revenues for the same period during the
prior year.

For the six months ended June 30, 2016, the Company reported a net
loss of $236 million on $63.9 million of total revenues compared to
a net loss of $480 million on $117 million of total revenues for
the six months ended June 30, 2015.

As of June 30, 2016, Northern Oil had $465 million in total assets,
$895 million in total liabilities, and a $430 million total
stockholders' deficit.

Northern considers highly liquid investments with insignificant
interest rate risk and original maturities to the Company of three
months or less to be cash equivalents.  Cash equivalents consist
primarily of interest-bearing bank accounts and money market funds.
The Company's cash positions represent assets held in checking and
money market accounts.  These assets are generally available on a
daily or weekly basis and are highly liquid in nature.  Due to the
balances being greater than $250,000, the Company does not have
FDIC coverage on the entire amount of bank deposits.  The Company
believes this risk is minimal.  In addition, the Company is subject
to Security Investor Protection Corporation protection on a vast
majority of its financial assets.

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

                        https://is.gd/OY0INm

                         About Northern Oil

Northern Oil and Gas, Inc. is an exploration and production company
with a core area of focus in the Williston Basin Bakken and Three
Forks play in North Dakota and Montana.  More information about
Northern Oil and Gas, Inc. can be found at
http://www.NorthernOil.com/  

Northern Oil reported a net loss of $975 million in 2015 following
net income of $164 million in 2014.


NORTHERN OIL: May Issue Add'l 1.6M Shares Under Incentive Plan
--------------------------------------------------------------
Northern Oil and Gas, Inc., filed a Form S-8 registration statement
with the Securities and Exchange Commission to register an
additional 1,600,000 shares of common stock, $0.001 par value of
the Company, which are reserved for issuance under the Company's
2013 Incentive Plan, as amended through May 26, 2016.  A full-text
copy of the prospectus is available for free at:

                      https://is.gd/sBUT16

                       About Northern Oil

Northern Oil and Gas, Inc. is an exploration and production company
with a core area of focus in the Williston Basin Bakken and Three
Forks play in North Dakota and Montana.  More information about
Northern Oil and Gas, Inc. can be found at
http://www.NorthernOil.com/  

Northern Oil reported a net loss of $975 million in 2015 following
net income of $164 million in 2014.

As of June 30, 2016, Northern Oil had $465.38 million in total
assets, $895.18 million in total liabilities and a $429.79 million
total stockholders' deficit.


NUANCE COMMUNICATIONS: Egan-Jones Gives 'B' Sr. Unsecured Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company assigned B senior unsecured ratings on
debt issued by Nuance Communications Inc on July 19, 2016.  EJR
also gave B rating on commercial paper issued by the Company.

Nuance Communications is an American multinational computer
software technology corporation, headquartered in Burlington,
Massachusetts, on the outskirts of Boston, that provides speech and
imaging applications.


OASIS OUTSOURCING: S&P Affirms 'B' CCR on Acquisition & Refinancing
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on West
Palm Beach, Fla.-based Oasis Outsourcing Holdings Inc.  The outlook
is stable.

S&P also affirmed its 'B' issue-level rating on the company's
first-lien facilities, including the $50 million revolving facility
due 2019 and upsized $315 million term loan (with about $306.4
million outstanding) due 2021.  The recovery rating on the
first-lien facilities remains '3', which indicates S&P's
expectation for lenders to receive meaningful (50% to 70%, upper
half of the range) recovery in the event of payment default.

"The rating affirmation is based on our assessment of the
acquisition and refinancing as largely leverage neutral when
considering the cash flows acquired," said S&P Global Ratings
credit analyst Peter Deluca.  "Moreover, we view the acquisition as
neutral to Oasis' business risk profile, though it is complimentary
and grows its presence in the professional employer organization
sector."

The ratings on Oasis reflect its continued high financial leverage,
narrow business focus, limited geographic diversity, good client
retention experience, solid integration capability, good expense
management, and small scale in the competitive and fragmented human
resources (HR) outsourcing industry, which is susceptible to
employment conditions.  Stone Point Capital, which S&P classifies
as a financial sponsor, owns Oasis, and that also weighs on our
rating, insofar as S&P believes capital allocation decisions by
financial sponsors could restrict a company from materially
reducing financial leverage on a permanent and long-term basis.

The stable outlook reflects S&P Global Ratings' expectation that
Oasis' operating performance will remain healthy owing to the
company's solid client retention, good expense management and
workers compensation risk, integration capability, tailwinds from
increasing HR complexity and outsourcing trends, and good free cash
flow generation.  Over the next year, S&P expects the company to
maintain debt to EBITDA below 6x.


OATH CORPORATION: Hires Hammes as Attorney
------------------------------------------
Oath Corporation, seeks authority from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Roman V. Hammes, P.L.
as attorney to the Debtor.

Oath Corporation requires Hammes to:

   a. advise and counsel the debtor-in possession concerning the
      operation of its business in compliance with Chapter 11 and
      orders of this court;

   b. defend any causes of action on behalf of the debtor-in-
      possession;

   c. prepare, on behalf of the debtor-in-possession, all
      necessary applications, motions, reports, and other legal
      papers in the Chapter 11 case;

   d. assist in the formulation of a plan of reorganization and
      preparation of a disclosure statement;

   e. provide all services of a legal nature in the field of
      bankruptcy law.

Hammes will be paid a retainer in the amount of $30,000.

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

Roman V. Hammes, of Roman V. Hammes, P.L., 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.

Hammes can be reached at:

     Roman V. Hammes, Esq.
     ROMAN V. HAMMES, P.L.
     1920 N. Orange Avenue, Suite 100
     Orlando, FL 32804
     Tel: (407) 650-0003
     E-mail: roman@romanvhammes.com

                     About Oath Corporation

Oath Corporation, based in Rockledge, Florida, filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 16-03988) on June 15, 2016.
Christopher R. Lim, Esq., at A.I.M. Law Group, as bankruptcy
counsel.  In its petition, the Debtor estimated $50,000 to $100,000
in assets and $1 million to $10 million in liabilities.


OCI BEAUMONT: Moody's Cuts CFR to B2 & Alters Outlook to Negative
-----------------------------------------------------------------
Moody's Investors Service downgraded OCI Beaumont LLC's Corporate
Family Rating (CFR) to B2 from B1, and revised its outlook to
negative as a result of the extended weakness in methanol prices
and expected further declines in ammonia pricing before year end,
which have compressed margins and lowered Moody's expectations for
OCI's credit metrics. Moody's also lowered the Speculative Grade
Liquidity (SGL) Rating to SGL-4 from SGL-3 due to the increased
possibility of covenant noncompliance within the next twelve months
as a result of a deeper than anticipated cyclical downturn in these
two markets.

Moody's has taken the following rating actions:

OCI Beaumont LLC

Corporate Family Rating Downgraded to B2 from B1

Probability of Default Rating Affirmed B2-PD

$440 million First Lien Term Loan B due 2019 Downgraded to B2
(LGD3) from B1 (LGD3)

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

Outlook is negative

RATINGS RATIONALE

OCI's B2 CFR reflects the likelihood that credit metrics over the
next four quarters will be much weaker than were envisioned when
the initial rating was assigned. The combination of increased debt
related to the capacity expansion, the severe downturn in selling
prices and margins, and cash distributions to MLP unitholders in
2016, will likely cause Debt/EBITDA to rise to over 6.0x. Moody's
expects that weakening financial metrics will also stress liquidity
as compliance with the financial covenants in its term loan and
revolver becomes a greater concern toward year-end. While methanol
prices have recovered from the bottom seen in the first quarter,
they still remain at relatively low levels with limited upside over
the near term. Prices for ammonia continue to decline and are
likely decline further into early 2017 as new capacity in the US
comes on-stream.

The rating is also constrained due to OCI's single site location on
the Gulf Coast, small scale as measured by revenue and production
assets, and its customer and supplier concentration. The companies
variable distribution master limited partnership (MLP) structure,
that typically results in nearly all free cash flow distributed to
unit holders over time, also pressures the rating. OCI's rating is
supported by its advantaged North American natural gas feedstock
position, strategic production location on the Texas Gulf Coast,
and stable relationships with large customers.

OCI's rating could be lower were it not for the strong support from
its majority owner, a subsidiary of OCI N.V., The rating also
incorporates Moody's expectation that OCI N.V. will pro-actively
address any covenant concerns, as well as provide further support
to the company during the next 18-24 months, at a minimum, while
the industry experiences what may be a prolonged downturn.

The methanol and ammonia industries are currently experiencing
cyclical downturns as the price of ammonia has fallen by roughly
40% year-on-year (yoy) and methanol has declined over 45% yoy.
Moody's anticipates that the margin compression will reduce OCI's
earnings and elevate leverage through 2017, at a minimum, such that
OCI could experience covenant issues within the next twelve months,
however the company and its general partner and parent, OCI N.V.,
has a history of supportive actions to cure such events.
Furthermore, Moody's expects that OCI will meaningfully reduce or
suspend its MLP distributions during the market downturn in ammonia
and methanol in order to preserve cash and reduce debt, including
revolver borrowings. The parent has previously demonstrated
supportive actions including equity contributions, $120 million
over 2014 and 2015 to complete its expansion projects, and the
suspension of its distributions, in the first and second quarters
of 2015 during the plant shutdown to complete construction tie-ins.
(The company paid out $33 million in April 2016 for its fourth and
first quarter distributions combined, however the first quarter
distribution was minimal at only $5 million, reflecting
management's reduced payment in response to worsening industry
conditions.)

Liquidity

OCI's SGL-4 reflects its weak liquidity as a result of lower
earnings expectations, given stressed industry conditions that
could cause covenant noncompliance within the next twelve months.
The liquidity score also reflects the expectation for weak free
cash flow over the next year, which will limit its ability to
reduce amounts outstanding under its $40 million bank revolver, as
well as the reduced financial flexibility imposed by the MLP
structure. OCI's cash balance of $26.5 million as of March 31,
2016, was largely used in April 2016 to pay its MLP distributions,
capex, and working capital needs.

OCI has a $40 million intercompany revolving credit facility
provided by OCI N.V., its ultimate parent and majority owner of the
MLP units. The company also has an intercompany term facility with
$100 million of borrowing capacity. Both the intercompany revolver
and term facility are due January 20, 2020, and are unutilized.
Both intercompany credit facilities are subordinated to the term
loan credit facility and revolver.

OCI also has a $40 million revolving bank credit agreement due
April 2017; however, total borrowings from the revolving credit
agreement and intercompany revolving facility cannot exceed $40
million. As of March 31, 2016, the bank revolver had $15 million in
availability. The revolving credit agreement of $40 million, with a
$20 million LOC sublimit, has a one year term that may be extended
for additional one-year periods. The company's $450 million term
loan is due August 20, 2019. Both the term loan and revolving
credit agreement have financial covenants. On March 17, 2016, OCI
amended the covenants in order to provide additional cushion to the
maximum senior secured net leverage ratio, which was set at 4.25x
for the second quarter 2016, 4.75x for the third quarter 2016, and
5.0x for the fourth quarter 2016 and first quarter 2017,
additionally the minimum interest coverage ratio was changed to
3.0x for the second quarter 2016 and to 2.5x for the third and
fourth quarters of 2016 as well as the first quarter of 2017.
Moody's expects that the company could experience noncompliance
with its covenants over the next twelve months, however Moody's
expects that the parent company will take corrective actions to
resolve potential covenant compliance issues as it has in the past.
There are change of control provisions on both the revolver and
term loan. OCI has amortization payments of 1% annually, payable
quarterly, for roughly $4.5 million in 2016.

The negative outlook reflects the stressed conditions in the
methanol and ammonia markets that have meaningfully lowered pricing
and compressed margins. The outlook includes Moody's expectations
that OCI's leverage will increase due to the margin compression and
decline in earnings related to the lower pricing for both ammonia
and methanol. During this stressed period Moody's expects that OCI
and its parent will demonstrate more conservative fiscal behavior
and demonstrate similar supportive actions as it has in the past,
including: reducing MLP distributions, amending covenants to
provide ample cushion, keeping capex and other spending low,
maintaining operational reliability, and that the parent will
provide equity support if needed.

The rating could be upgraded if the company can maintain leverage
below 5.0x, resolve potential covenant issues, and demonstrate
meaningful liquidity improvements. Conversely, if industry
conditions deteriorate such that free cash flow is negative for
several quarters, additionally a lack of corrective or supportive
actions by the company or parent could also lower the rating.

Corporate Profile

OCI Beaumont LLC (OCI), headquartered in Beaumont, TX, operates a
single-site Gulf Coast petrochemical facility that has nameplate
capacity of 913 thousand tonnes per year of methanol and 331
thousand tonnes per year. OCI had revenues of approximately $342
million for the twelve months ended March 31, 2016. OCI is 100%
owned by OCI Partners LP, a variable distribution public master
limited partnership (MLP), which is 80% owned by OCI N.V. OCI N.V.,
the general partner and majority owner of OCI Partners LP is a
global nitrogen fertilizer producer based in the Netherlands. OCI
N.V. was formerly known as Orascom Construction Industries S.A.E.
(Egypt). OCI N.V. operates nitrogen fertilizer plants in Egypt,
Algeria, The Netherlands and the US. It is also a distributor of
fertilizers globally. OCI N.V. is listed on the NYSE Euronext in
Amsterdam and has a market capitalization of roughly $2.6 billion
as of May 23, 2016.


PAWZA LLC: Hires Jayson & Frisby as Accountant
----------------------------------------------
The Pawza, LLC, seeks authority from the U.S. Bankruptcy Court for
the Southern District of Texas to employ Jayson & Frisby as
accountant to the Debtor.

The Pawza requires Jayson & Frisby to:

   a) prepare and file all necessary federal and state income,
      excise, franchise and employment tax reports and returns;

   b) assist, as needed, in preparation of financial reports
      required to be filed on a regular basis by the United
      States Trustee, including monthly operating reports;

   c) assist the Debtor in any accounting functions needed in the
      formulation and confirmation of a plan of reorganization in
      this case.

Jayson & Frisby will be paid at these hourly rates:

     Michael P. Jayson            $250

Jayson & Frisby will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Michael P. Jayson, of Jayson & Frisby 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.

Jayson & Frisby can be reached at:

     Michael P. Jayson
     JAYSON & FRISBY
     5901 Dolores Street
     Houston, TX 77057
     Tel: (713) 789-0542

                       About The Pawza

The Pawza, LLC, filed a Chapter 11 bankruptcy petition (Bankr. S.D.
Tex. Case No. 16-33345) on July 3, 2016. The Debtor is represented
by William G. Harris, Esq.


PAWZA LLC: Hires William G. Harris as Counsel
---------------------------------------------
The Pawza, LLC, seeks authority from the U.S. Bankruptcy Court for
the Southern District of Texas to employ the Law Office of William
G. Harris as counsel to the Debtor.

The Pawza requires Harris to:

   (a) prepare and file the original, and the amendments, to the
       schedules, statement of financial affairs and other
       documents andreports required under the applicable
       statutes and rules;

   (b) negotiate and consummate non-routine sales of the
       assets of the estate, if same would become necessary,
       including sales free and clear of liens, claims and
       encumbrances, and to institute any necessary proceedings
       in regard thereto;

   (c) institute and prosecute objections to proofs of claim
       asserted against the estate;

   (d) formulate and obtain approval for a disclosure statement
       and plan of reorganization; and

   (e) render advice and counsel to the Debtor concerning matters
        rising in the course of the prosecution of this case.

Harris will be paid at these hourly rates:

     William G. Harris    $300

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

William G. Harris, of the Law Office of William G. Harris, 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.

Harris can be reached at:

     William G. Harris, Esq.
     LAW OFFICE OF WILLIAM G. HARRIS
     4771 Sweetwater Blvd., Ste 294
     Sugar Land, TX 77479
     Telephone (281) 565-8110
     Facsimile (281) 265-2228
     E-mail: wgh@wgharrislaw.com

                       About The Pawza

The Pawza, LLC, filed a Chapter 11 bankruptcy petition (Bankr. S.D.
Tex. Case No. 16-33345) on July 3, 2016. The Debtor is represented
by William G. Harris, Esq.


PAYSON OPERATING: Trustee Hires Searcy & Searcy as Attorney
-----------------------------------------------------------
Jason R. Searcy, the Chapter 11 trustee of Payson Operating, LLC,
Maricopa Resources, LLC and Payson Petroleum, Inc., asks for
permission from the U.S. Bankruptcy Court for the Eastern District
of Texas to employ Searcy & Searcy, P.C. as attorney.

The Trustee requires Searcy & Searcy to:

   (a) advise and consult with Applicant concerning questions
       arising in the conduct of the administration of the estate
       and concerning Applicant's rights and remedies with regard
       to the estate's assets and claims of secured, preferred and

       unsecured creditors and other parties in interest; and

   (b) appear for, prosecute, defend and represent Applicant's
       interest in suits or legal matters arising in or related to

       this case; and specifically to appear for and represent
       Applicant with respect to liquidation of non-exempt real   

       and personal property, review of proofs of claim filed in
       the case and prepare subsequent objections that are
       necessary; and

   (c) assist in the preparation of such pleadings, motions,
       notices and orders as are required for the orderly
       administration of this estate.

Searcy & Searcy will be paid at these hourly rates:

       Jason R. Searcy        $450
       Joshua P. Searcy       $300
       Callan C. Searcy       $200
       Paraprofessional       $100

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

Jason R. Searcy, shareholder and partner of Searcy & Searcy,
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.

Searcy & Searcy can be reached at:

       Jason R. Searcy, Esq.
       Joshua P. Searcy, Esq.
       Callan C. Searcy, Esq.
       SEARCY & SEARCY, P.C.
       446 Forest Square
       P.O. Box 3929
       Longview, TX 75606
       Tel: (903) 757-3399
       Fax: (903) 757-9559

                    About Payson Operating

Payson Operating LLC, Maricopa Resources LLC and Payson
Petroleum LLC each filed a Chapter 7 petition (Bankr. E.D. Tex.
Case Nos. 16-41043 to 16-41045) on June 10, 2016.

Michelle Chow was named Chapter 7 trustee but was terminated
following conversion of the cases to Chapter 11 on July 12, 2016.
On July 18, 2016, the court approved the appointment of Jason R.
Searcy as Chapter 11 trustee.


PICO HOLDINGS: UCP Reports Earnings, Kenneth Slepicka Resigns
-------------------------------------------------------------
PICO Holdings, Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a
diversified holding company reporting recurring losses since 2008.
PICO owns 57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water
Company, Inc., a securities portfolio and various interests in
small businesses. PICO has $664 million in assets and $434 million
in shareholder equity. Central Square Management LLC and River Road
Asset Management LLC collectively own more than 14% of PICO. Other
activists at http://ReformPICONow.com/have taken to the Internet
to advance the shareholder cause.

The bloggers tell readers that, "Kenneth "The Slug" Slepicka
accepted the inevitable and resigned from the PICO Holdings' Board.
It is not surprising that The Slug moved at a snail's pace. In
2015, The Slug was paid almost $140,000 by PICO shareholders, or
about $400 per day. By not resigning when we broke PICOGate, The
Slug was able to wrench an extra $20,000 from PICO shareholders."

But the bloggers are not satisfied. "There was only one resignation
announced [Aug. 1], and PICO shareholders expressed their
preference for two. Howard Brownstein received more "Not For" votes
than "For" votes. Mr. Brownstein's Directorship is of suspect
origin. Mr. Brownstein's response to PICOGate has been inadequate
and dismissive of shareholders. We characterize Mr. Brownstein as a
Juicer lackey. And according to NACD Guidelines, in an uncontested
election, having received more "Not For" votes than "For" votes,
Mr. Brownstein must resign. We will expect Mr. Brownstein's removal
from the Board as well. Anything less will be viewed unfavorably by
shareholders."

The bloggers say that PICO will replace its representatives on the
UCP Board of Directors. "It appears we, and many other PICO/UCP
shareholders, will get our wish. RPN has received word that these
two corrupt and incompetent individuals will soon be replaced on
the UCP Board by PICO Chairman Raymond Marino and Mr. Cates.

We applaud this shareholder-oriented action. As we detailed in our
last post, John Hart and Max Webb were complicit in altering the
UCP Officer Stock Ownership Guidelines, thereby violating prudent
compensation philosophy and harming both UCP and PICO shareholders
simultaneously.

Messrs. Hart and Webb deserve to be removed from the UCP Board.
Typically, when a majority shareholder puts representatives on the
Board of an investee, it is to IMPROVE governance and operations at
the investee. The majority shareholder representatives monitor
strategy, governance and operations. Messrs. Hart and Webb, on the
other hand, CONTRIBUTE to UCP's dysfunction and abuse of
shareholders."

The bloggers explain the homebuilder industry. "A homebuilder
writes enormous checks to buy huge tracts of land. Then the
homebuilder writes more enormous checks to develop the land and
build the houses.

The builder sells houses to get the investment back in tiny pieces
-- hopefully with some profit. The customer can't tell you the
brand name 10 minutes after purchase. Then the customer is out of
the market for the next 10 years. The only time the builder hears
from the customer again is for a warranty claim or construction
defect lawsuit.

It is no wonder that UCP, and most of the homebuilding sector,
struggle to earn an adequate return on equity."

UCP continued its value-destructive ways in the second quarter. UCP
reported $2.2 million in net income for the first 6 months of 2016
and $13.7 million in net income over the last 12 months. These
figures are deceptive however, as UCP is not paying taxes. When
adjusted for a 38% tax rate, UCP has earned $8.5 million over the
last 12 months on $215 million in shareholder equity, for a
trailing return on equity of 4%.

UCP's competitive disadvantages are legion. Its operational
shortcomings are obvious. An ominous debt refinancing looms in
2017. And now, RPN has revealed poor corporate governance. We
repeat our assertion that UCP is worth far more in the hands of a
competent and efficient homebuilder.

UCP's valuable assets, namely its prize legacy real estate
inventory, are being wasted to the detriment of shareholder value.
Lots that would produce a 15% pretax margin at a better homebuilder
are producing a pretax margin of 3% at UCP. The stock price tumbled
on Aug. 1, dropping 4.4% to $8 per share, about 70% of book value.
UCP is incapable of earning its cost of capital in this decade. UCP
must be expeditiously sold."

The bloggers feel that corporate governance still needs improvement
at PICO and UCP. They issue a warning to Directors and Executives
at both firms. "There has been much improvement at PICO, but much
work remains. It has been almost 8 months since Juicer announced
the 'Revision to Business Plan,' and not one single dollar of
shareholder value has been created. Not one asset has been sold,
not one share has been repurchased, not one dividend has been paid,
not one Juicer has been fired for cause. PICO shares continue to
sell for less than $10, the same as 8 months ago.

Shareholders will take action against PICO and UCP Directors and
Executives that betray shareholder interests. We suggest that all
PICO and UCP Directors and Executives glance at a little 9-month
timeline we scribbled:

     --  Former VP Investments W. Raymond Webb: Gone

     --  Former Director Julie Sullivan : Gone

     --  Former Director Robert Deuster: Gone

     --  Former Director Kristina Leslie: Gone

     --  Former Director Carlos Campbell: Gone

     --  Former Director Kenneth Slepicka: Gone

We aren't geniuses around here. But we see a pattern: betray
shareholders and be ousted. The Revision to Business Plan is clear:
PICO has promised its shareholders it will sell assets and return
capital to shareholders. We expect our current PICO and UCP
Directors and Executives to expeditiously fulfill that promise."


PLUG POWER: Reports 2016 Second Quarter Results
-----------------------------------------------
Plug Power Inc. reported a net loss of $13.2 million on $20.5
million of total revenue for the three months ended June 30, 2016,
compared to a net loss of $9.25 million on $24 million of total
revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $24.9 million on $35.8 million of total revenue compared to
a net loss of $20.3 million on $33.4 million of total revenue for
the same period last year.

New customers represent more than 60% of bookings in the second
quarter, driven by four new GenKey customer wins.  These wins
continue to build the Company's strong foundation of major
accounts, and include a leading North American retailer with global
presence that has multi-site potential over the next 12 to 18
months.  In addition, the second quarter bookings include
first-time Plug Power fuel cell users that are deploying turnkey
hydrogen and fuel cell systems, one with a major food-manufacturer
and another with a food distribution business in the United
States.

In Europe, The Carrefour Group, the leading European retailer, adds
to an impressive list of Plug Power accounts.  Plug Power now has
the number one and number two global retailers deploying GenDrive
fuel cells.  Securing a powerhouse like Carrefour is a significant
milestone, and highlights the effectiveness of Plug Power's sales
strategy in Europe.

"New large-scale accounts, significant traction in Europe and
continued margin improvements keep us on track for achieving our
targeted 2016 goals," said Andy Marsh, CEO for Plug Power.
"Continued strong commercial progress combined with a focus on
research and development will ensure Plug Power's leadership in
current and future markets."

Net cash used in operating activities for the second quarter of
2016 and 2015 was $8.8 million and $10.6 million, respectively.  As
of June 30, 2016, Plug Power had total cash of $113.9 million,
including cash and cash equivalents of $66.0 million and restricted
cash of $47.9 million.  The Company???s net working capital was
$77.8 million at June 30, 2016.

As previously disclosed, the Company closed a $40.0 million term
loan facility during the second quarter and drew $25.0 million from
the facility.  Also during the second quarter of 2016, the Company
converted the $25.0 million borrowed under the short term agreement
established in the first quarter of 2016 to long-term project
financing for first-half PPA deployments.  This financing and the
related strategic partnerships are additional key steps towards
developing a more robust project financing platform for Plug Power
and its customers.

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

                       https://is.gd/al8irw

                         About Plug Power

Plug Power Inc. is a provider of alternative energy technology
focused on the design, development, commercialization and
manufacture of fuel cell systems for the industrial off-road
(forklift or material handling) market.

Plug Power reported a net loss attributable to the Company of $55.7
million on $103 million of total revenue for the year ended Dec.
31, 2015, compared to a net loss attributable to the Company of
$88.5 million on $64.2 million of total revenue for the year ended
Dec. 31, 2014.

                        Bankruptcy Warning

"Our cash requirements relate primarily to working capital needed
to operate and grow our business, including servicing operating
lease agreements, funding operating expenses, growth in inventory
to support both shipments of new units and servicing the installed
base, funding the growth in our GenKey "turn-key" solution which
also includes the installation of our customer's hydrogen
infrastructure as well as delivery of the hydrogen fuel, and
continued development and expansion of our products.  Our ability
to achieve profitability and meet future liquidity needs and
capital requirements will depend upon numerous factors, including
the timing and quantity of product orders and shipments; attaining
positive gross margins; the timing and amount of our operating
expenses; the timing and costs of working capital needs; the timing
and costs of building a sales base; the ability of our customers to
obtain financing to support commercial transactions; our ability to
obtain financing arrangements to support the sale or leasing of our
products and services to customers and the terms of such agreements
which may require us to pledge or restrict substantial amounts of
our cash to support these financing arrangements; the timing and
costs of developing marketing and distribution channels; the timing
and costs of product service requirements; the timing and costs of
hiring and training product staff; the extent to which our products
gain market acceptance; the timing and costs of product development
and introductions; the extent of our ongoing and new research and
development programs; and changes in our strategy or our planned
activities.  If we are unable to fund our operations with positive
cash flows and cannot obtain external financing, we may not be able
to sustain future operations.  As a result, we may be required to
delay, reduce and/or cease our operations and/or seek bankruptcy
protection," the Company stated in its annual report for the year
ended Dec. 31, 2015.


PMA MEDICAL: Court to Take Up Exit Plan on August 31
----------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Pennsylvania
will consider approval of the Chapter 11 plan of reorganization of
PMA Medical Specialists LLC at a hearing on August 31.

The hearing will be held at 11:00 a.m., at Robert C. Nix
Courthouse, Courtroom 5, 900 Market Street, Philadelphia,
Pennsylvania.  

Creditors have until August 19 to cast their votes and August 24 to
file their objections to the plan.

The restructuring plan proposes to pay creditors holding Class 3
general unsecured claims in full on the effective date of the plan.
These creditors assert a total of $734,648 in claims.

General unsecured creditors will be paid from cash on hand and
revenues generated from PMA Medical Specialists' continued
operations, according to the latest disclosure statement detailing
the plan.

A copy of the disclosure statement is available for free at
https://is.gd/gPtNmM

                        About PMA Medical

PMA Medical Specialists, LLC sought protection under Chapter 11 of
the Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania (Philadelphia) (Case No. 16-12016) on
March 24, 2016. The petition was signed by Raymond J. Kovalski, MD,
president.

The Debtor is represented by Edmond M. George, Esq., at Obermayer
Rebmann Maxwell & Hippel, LLP.  The case is assigned to Judge
Ashely M. Chan.

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


PORTER BANCORP: Posts $1.01 Million Net Income for 2nd Quarter
--------------------------------------------------------------
Porter Bancorp, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $1.01 million on $8.70 million of interest income for the three
months ended June 30, 2016, compared to a net loss of $2.13 million
on $9.16 million of interest income for the same period last year.

For the six months ended June 30, 2016, the Company reported net
income of $2.49 million on $17.89 million of interest income
compared to a net loss of $1.53 million on $18.37 million of
interest income for the six months ended June 30, 2015.

As of June 30, 2016, Porter Bancorp had $916.55 million in total
assets, $875 million in total liabilities and $41.4 million in
total stockholders' equity.

Stockholders' equity increased $9.40 million to $41.4 million at
June 30, 2016, compared with $32.0 million at Dec. 31, 2015, due to
the issuance of $5.0 in common stock, current year net income of
$2.5 million and an increase in the fair value of the Company's
available for sale securities portfolio of $1.7 million.

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

                     https://is.gd/svio9c

                     About Porter Bancorp

Porter Bancorp, Inc., is a bank holding company headquartered in
Louisville, Kentucky.  Through its wholly-owned subsidiary PBI
Bank, the Company operates 18 full-service banking offices in
12 counties in Kentucky.

Porter Bancorp reported a net loss of $3.21 million on $36.57
million of interest income for the year ended Dec. 31, 2015,
compared to a net loss of $11.15 million on $39.51 million of
interest income for the year ended Dec. 31, 2014.

The Company's auditor Crowe Horwath, LLP, in Louisville, Kentucky,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
"the Company has incurred substantial losses in 2015, 2014 and
2013, largely as a result of asset impairments resulting from the
re-evaluation of fair value and ongoing operating expenses related
to the high volume of other real estate owned and non-performing
loans.  In addition, the Company's bank subsidiary is not in
compliance with a regulatory enforcement order issued by its
primary federal regulator requiring, among other things, increased
minimum regulatory capital ratios as well as being involved in
various legal proceedings in which the Company disputes material
factual allegations against the Company.  Additional losses,
adverse outcomes from legal proceedings or the continued inability
to comply with the regulatory enforcement order may result in
additional adverse regulatory action.  These events raise
substantial doubt about the Company's ability to continue as a
going concern."


PRESBYTERIAN RETIREMENT: Fitch Rates 2016A&B Revenue Bonds 'BB+'
----------------------------------------------------------------
Fitch Ratings has assigned a 'BB+' rating to the approximately
$120,330,000 Washington State Housing Finance commission nonprofit
housing revenue and refunding revenue bonds, series 2016A and
$12,215,000 Washington State Housing Finance Commission taxable
nonprofit housing revenue bonds, series 2016B issued on behalf of
Presbyterian Retirement Communities Northwest (PRCN).

The series 2016A&B bonds will be fixed rate and bond proceeds will
refund approximately $102 million of debt, provide $36 million of
new money for capital expenditures (includes $7.6 million
reimbursement for prior capital expenditures), fund a debt service
reserve, and pay costs of issuance. The bonds are expected to price
the week of Aug. 8th or 15th.

The Rating Outlook is Stable.

SECURITY
The bonds are secured by a gross revenue pledge and mortgage pledge
of the obligated group (OG).

KEY RATING DRIVERS

WELL-POSITIONED ORGANIZATION: PRCN has three senior living
facilities in desirable locations in the Seattle metropolitan area
with strong service area characteristics. The organization is under
relatively new leadership since 2014 and various initiatives have
been implemented to position PRCN for long-term growth and
financial improvement.

NEW OBLIGATED GROUP: The current PRCN OG will change with the exit
of one facility (Exeter House; sold in May 2016) and the addition
of two - Skyline and Fred Lind Manor. The new OG includes three
facilities: Park Shore, Skyline and Fred Lind Manor. The financing
allows for the addition of approximately $40 million of new money
($7.6 million reimbursement for prior capital expenditures),
without materially affecting maximum annual debt service ( MADS).
The new money will fund the upgrade of Park Shore's common spaces
and amenities, add memory care units and enhance its independent
living unit (ILU) mix.

GOOD OCCUPANCY: Skyline was a start-up continuing care retirement
community (CCRC) that opened in 2009 and after some initial
challenges, reached stabilization in November 2015 after the fill
of its new memory care units (converted from existing assisted
living units [ALU]). ILU occupancy is very strong and has been
above 95% the last three years and 97% through the eight months
ended May 31, 2016. Park Shore's occupancy is adequate, but has
room for significant improvement. With the financing, Park Shore
will significantly upgrade its common space and amenities while
combining existing units to make several larger units. Park Shore's
ILU occupancy averaged 85% the last three years and was 87% through
the eight months ended May 31, 2016.

WEAK LIQUIDITY: Liquidity metrics are weak for the rating level but
projected to build fairly quickly due to continued solid cash flow,
limited capital needs funded from operations, and improved
occupancy at Park Shore. Days cash on hand and cash-to-debt were
207 and 19.8%, respectively, at May 31, 2016, which is very weak
even for the 'BB+' rating level. Proforma liquidity metrics after
closing are expected to be 274 days cash on hand and 21.4% cash to
debt including the reimbursement for prior capital expenditures.

HIGH DEBT BURDEN: The debt burden is very high, reflective of the
fairly young age of Skyline. MADS accounted for 21.7% of total
revenue in fiscal 2015. However, MADS coverage is solid due to good
turnover entrance fee receipts. MADS coverage was 2.2x in fiscal
2015 and 2.7x through the eight months ended May 31, 2016.

RATING SENSITIVITIES

IMPROVED FINANCIAL PROFILE: Fitch views the capital investments in
Park Shore favorably and believes it will elevate the marketability
of the facility, which is already in a desirable location right on
Lake Washington. Fitch expects the new obligated group to continue
its solid cash flow, improve liquidity metrics, and maintain solid
debt service coverage. Upward rating movement would be dependent on
growth in liquidity metrics to levels more in line for an
investment grade rating.

Credit Profile

PRCN includes three senior living facilities - Park Shore, Skyline,
and Fred Lind Manor, all located in the Seattle metropolitan area.
Other affiliates include a foundation, a development and consulting
company (PRCN Services), two for-profit entities - Transforming Age
and Gerontological Services, which provide management and
consulting, market research, and master planning for senior living
organizations, and Exeter LLC, which is a holding company to
facilitate the transfer of the remaining operations of Exeter
House. Exeter House was sold in May 2016 and the majority of the
residents are being transferred to Fred Lind Manor, which will be
complete by September 2016. Proceeds from the sale of Exeter House
will remain within Exeter LLC (outside the OG) and will be used to
support future system growth plans.

Park Shore is a Type B CCRC located in the Madison Park
neighborhood in Seattle on Lake Washington. Park Shore was built in
1963 and currently has 113 ILUs, 30 ALUs, and a 28-bed SNF. Park
Shore recently purchased three condominium units across the street
(included in ILU count), which will be sold under residency
contracts. Park Shore offers a non-refundable, 50% refundable, and
90% refundable plan.

Skyline is a Type A CCRC located in downtown Seattle and includes
199 ILUs, 48 ALU, 28 memory care units, and 34-bed SNF. Skyline
currently offers an 80% refundable Type A plan or 80% refundable
Type B plan.

Fred Lind Manor affiliated with PRCN in October 2014 and is an
82-unit senior rental community located in the Capitol Hill
neighborhood of Seattle. Fred Lind Manor has some HUD debt
outstanding, which will be refinanced with the series 2016
issuance. Several capital improvements at Fred Lind Manor have been
made and will continue including the renovation of common spaces as
well as remodeling all vacant units and commitment to remodel all
units upon turnover. Occupancy at this facility is expected to
improve as the remaining Exeter House residents are transferred to
Fred Lind Manor.

Plan of Finance

The series 2016 financing will create a new OG structure, which
should facilitate continued solid cash flow with debt service
savings on the refinancing. The current PRCN OG has $7.2 million of
2013 bonds outstanding issued under a 2013 MTI. Skyline has
separately obligated debt outstanding (series 2007A and 2015) that
totals $107 million. With this financing, a new OG will be created
under the existing 2013 MTI per addition/withdrawal from OG. The
new OG will include Park Shore, Skyline, and Fred Lind Manor. The
series 2016 bonds will refund the series 2007A bonds and the Fred
Lind Manor HUD debt. The series 2015 Skyline bonds will have a
substitution of security, and will be on parity with the other OG
debt. The financing will provide approximately $36 million of funds
for capital expenditures for projects at Park Shore ($33.5 million)
and Fred Lind Manor ($2.5 million) and includes about $7.6 million
for reimbursement of prior capital expenditures. Total debt after
the financing is approximately $147 million and is 100% fixed rate.
Aggregate debt service is level and pro forma MADS of approximately
$9 million is essentially unchanged compared to the current debt
structure.

Park Shore Project

Fitch views the Park Shore project favorably as it should further
enhance the community's position as it modernizes its amenities and
common areas. There will be two phases and the project will be
funded primarily from bond proceeds. The project will add memory
care units, combine several ILUs to create larger ILUs, create a
new lobby and entrance, add a cafe, bistro, fitness center, indoor
pool and spa and other common area enhancements, as well as a new
facade on the building. The entire project should be complete by
June 2018.

Financial Profile

Although the new OG's financial profile is fairly weak for the
rating level, the rating is supported by the credit's strong
qualitative factors and expectation that the trajectory for
financial improvement should be fairly sharp. A financial
feasibility study with five years of projected performance was
provided and management stated that the projections are
conservative.

Resident service revenue totaled $32.4 million in fiscal 2015
compared to $31.6 million in fiscal 2014 and $31 million in fiscal
2013. Operating ratio is fairly weak, but NOM-adjusted is strong
due to good turnover entrance fee receipts. Entrance fee receipts
have fluctuated as there were some issues with transitioning
residents to higher levels of care, with net entrance fee receipts
of $16 million in fiscal 2015 compared to $7.6 million in fiscal
2014 and $11.8 million in fiscal 2013. Through the eight months
ended May 31, 2016, net entrance fee receipts is strong at $12.9
million, which has benefited debt service coverage. The feasibility
study projects ongoing turnover entrance fees to be around $15
million a year.

Liquidity remains the largest concern with very low metrics, which
provides limited financial flexibility. Cash to debt remains
pressured due to the high debt burden and although days cash is
projected to improve to 461 by fiscal 2018, cash to debt remains
weak at 38.3%.

Disclosure

PRCN will provide annual audited information within 150 days of
fiscal year-end and quarterly financial information within 60 days
of quarter-end.


PRIMESOURCE BUILDING: S&P Lowers Rating on $355MM Loan to 'B'
-------------------------------------------------------------
S&P Global Ratings revised its recovery rating on Irving,
Texas-based PriSo Acquisition Corp.'s (PrimeSource Building
Products Inc.) $355 million first-lien term loan due 2022 to '3'
from '2' and lowered the issue-level rating on the loan to 'B' from
'B+'. The rating changes come as a result of the company's proposed

$75 million add-on to the term loan.  S&P also affirmed its 'CCC+'
issue-level rating on PrimeSource's existing senior unsecured
notes, with a '6' recovery rating, which includes the company's
proposed $75 million add-on to the existing $200 million senior
notes due 2023.  The company will use proceeds of the new debt, as
well as $75 million drawn on its asset-based lending facility, to
fund a special dividend to its financial sponsor owners.  The '3'
recovery rating on the term loan indicates S&P's expectation for
meaningful (50%-70%, at the upper half of the range) recovery in
the event of a payment default.  The '6' recovery rating on the
senior note indicates S&P's expectation for negligible (0%-10%)
recovery in the event of a payment default.

While the transaction raises leverage, S&P's ratings incorporate an
expectation that leverage would remain in the 5x-6x range and that
the financial policy would remain aggressive under financial
sponsor ownership.  Despite the increase in debt, S&P continues to
expect the company to generate meaningful free cash flow.  S&P's
ratings also reflect the company's position as a leading two-step
distributor, moderate customer and supplier concentration, and
exposure to residential construction and repair and remodel
markets.

The corporate credit rating on PrimeSource is 'B' with a stable
outlook.

Ratings List

PrimeSource Building Products Inc.
Corporate Credit Rating                  B/Stable/--

Rating Lowered; Recovery Rating Revised
                                          To              From
PrimeSource Building Products Inc.

$430 mil 1st-ln term loan due 2022*      B               B+
  Recovery Rating                         3H              2L

Rating Affirmed; Recovery Rating Unchanged

PrimeSource Building Products Inc.

$275 mil sr unsecd notes due 2023*       CCC+
  Recovery Rating                         6

*Includes $75 Million Add-On.


PRO-FIT DEVELOPMENT: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Pro-Fit Development, Inc.
        PO Box 46214
        Tampa, FL 33646

Case No.: 16-06717

Chapter 11 Petition Date: August 4, 2016

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

Judge: Hon. Rodney K. May

Debtor's Counsel: Buddy D. Ford, Esq.
                  BUDDY D. FORD, P.A.
                  115 N. MacDill Avenue
                  Tampa, FL 33609-1521
                  Tel: 813-877-4669
                  Fax: 813-877-5543
                  E-mail: Buddy@TampaEsq.com

Total Assets: $1.53 million

Total Liabilities: $1.41 million

The petition was signed by Terrence L. Bradford, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flmb16-06717.pdf


PROPETRO SERVICES: S&P Lowers CCR to CCC on Weak Drilling Activity
------------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Midland,
Texas-based oilfield service provider ProPetro 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 senior secured term loan and revolving credit facility to
'CCC+' from 'B'.  The recovery ratings on the debt remain '2',
indicating substantial (lower end of the 70%-90% range) recovery in
a default scenario.

"The downgrade reflects our expectation that U.S. oil and gas
drilling activity will continue to be weak in 2016 and an expected
recovery in 2017 will be limited," said S&P Global Ratings credit
analyst Aaron McLean.  "We anticipate, on average, a 40% or higher
reduction in capital spending by U.S. onshore exploration and
production operators in 2016 on the heels of a roughly 35% decline
in 2015, reflecting expectations for the continuation of lower
crude oil and natural gas prices," he added.

The effects of severe pricing pressure in the oilfield service
industry over the first half of 2016 led to a steep decline in
margins that may show only modest improvements over the next 12
months.  As a result, S&P has reduced its revenue and EBITDA margin
assumptions on ProPetro and expect leverage measures and liquidity
to deteriorate further from S&P's previous forecasts resulting in
debt/EBITDA above 9x and funds from operations (FFO)/debt below 5%
over the next two years.

The negative outlook reflects the potential that Propetro's debt
metrics and liquidity position could deteriorate further over the
next year if commodity prices remain low leading to a
slower-than-expected recovery in onshore drilling activity.

S&P could lower the ratings if it envisioned a specific default
scenario within six months, liquidity becomes weak, or a
restructuring takes place that S&P view as distressed.

S&P could raise the rating if the possibility of an exchange offer
S&P views as distressed greatly diminishes over the next year and
the company is able to maintain adequate liquidity.  Such a
scenario would likely be in conjunction with improving market
conditions.


PROS HOLDINGS: Egan-Jones Assigns CCC Sr. Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company assigned CCC senior unsecured ratings on
debt issued by PROS Holdings Inc on July 19, 2016.  EJR also gave C
rating on commercial paper issued by the Company.

Headquartered in Houston, Texas, PROS Holdings Inc. provides price
optimization, sales effectiveness, and revenue management SaaS
software.


PTC GROUP: S&P Lowers Corporate Credit Rating to 'D'
----------------------------------------------------
S&P Global Ratings said it lowered its corporate credit rating on
Wexford, Pa.-based PTC Group Holdings Corp. to 'D' from 'CCC'.  S&P
also lowered its issue-level ratings on the company's
$70 million and $50 million senior secured term loans to 'D' from
'CCC+'.

The rating action follows the company's disclosure that it missed
interest and amortization payments on its term loans.  This
occurred in the first half of the year, while PTC worked to
restructure its debt obligations.  Since the two term loans
constituted the majority of PTC's capital structure, S&P views the
missed interest payments and subsequent restructuring as a general
default.  As such, S&P is lowering its ratings on the company to
'D'.  Although the interest payments were ultimately made, this
occurred after the allowable grace period and as part of a
restructuring that included waivers for missed and upcoming
amortization payments.  S&P is therefore also lowering its ratings
on PTC's senior secured term loans to 'D'.  Subsequent to these
actions, S&P expects to assign a corporate credit rating and
outlook in the next few days that would reflect the new capital
structure following PTC's restructuring.


PUPI'S MANAGEMENT: Hires Bond Law as Chapter 11 Counsel
-------------------------------------------------------
Pupi's Management, LLC, seeks authority from the U.S. Bankruptcy
Court for the Western District of Arkansas to employ Bond Law
Office as counsel to the Debtor.

Pupi's Management requires Bond to represent the Debtor's interest
before the bankruptcy court.

Bond will be paid at these hourly rates:

     Stanley Bond            $200
     Emily Henson            $200
     Paraprofessional        $100

Bond will be paid in the amount of $5,000 representing the filing
fee of $1,717 and attorney retainer fee of $3,283.

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

Stanley V. Bond, member of the Bond Law Office, 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.

Bond can be reached at:

     Stanley V. Bond, Esq.
     BOND LAW OFFICE
     P.O. Box 1893
     Fayetteville, AR 72702-1893
     Tel: (479) 444-0255
     Fax: (497) 235-2827
     E-mail: attybond@me.com

                     About Pupi's Management

Based in Bull Shoals, Arkansas, Pupi's Management, LLC -- dba
BelArco Resort and dba Bel Arco Resorts -- filed a Chapter 11
petition (Bankr. W.D. Ark. Case No. 16-71739) on July 27, 2016.
The Hon. Ben T Barry presides over the case. Stanley V Bond, Esq.,
at Bond Law Office, as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $100,000 to $500,000 in liabilities. The petition was
signed by Doreen Koehl, managing member.


QUALITY DISTRIBUTION: Egan-Jones Withdraws B- Sr. Unsec. Rating
---------------------------------------------------------------
Egan-Jones Ratings Company assigned a No Rating status to debt
issued by Quality Distribution Inc. on July 26, 2016.  EJR
previously gave the Company a B- senior unsecured debt rating.

Quality Distribution, Inc. is a Tampa, Florida-based trucking and
chemical transportation business.



QUANTUM CORP: Incurs $3.79 Million Net Loss in June 30 Quarter
--------------------------------------------------------------
Quantum Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.79 million on $116.28 million of total revenue for the three
months ended June 30, 2016, compared to a net loss of $10.8 million
on $111 million of total revenue for the three months ended June
30, 2015.

As of June 30, 2016, Quantum had $209 million in total assets, $338
million in total liabilities and a $129 million total stockholders'
deficit.

As of June 30, 2016, the Company had $34.5 million of cash and cash
equivalents, which is comprised of money market funds and cash
deposits.

"We continue to focus on improving our operating performance,
including efforts to increase revenue and to control costs in order
to improve margins, return to consistent profitability and generate
positive cash flows from operating activities.  We believe that our
existing cash and capital resources will be sufficient to meet all
currently planned expenditures, debt service and contractual
obligations and to sustain operations for at least the next 12
months.  This belief is dependent upon our ability to achieve gross
margin projections and to control operating expenses in order to
provide positive cash flow from operating activities.  Should we be
unable to meet our gross margin or expense objectives, it would
likely have a material negative effect on our cash balances and
capital resources."

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

                     https://is.gd/7XisNH

                      About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in
backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.

Quantum reported net income of $16.7 million on $553 million of
total revenue for the year ended March 31, 2015, compared to a net
loss of $21.5 million on $553 million of total revenue for the
year ended March 31, 2014.


QUANTUM MATERIALS: Developing Nanomaterials for Oil Production
--------------------------------------------------------------
North American quantum dot manufacturer Quantum Materials
Corporation has partnered with a Texas-based E&P technology
business and is currently developing specialized nanomaterials for
use in oil and gas well production optimization.  The project,
which is nearing the completion of the initial phase, is targeting
new materials which are expected to provide for safer and more
efficient recovery of hydrocarbon resources.

"We are excited to be a part of this project which has the
potential to bring a wealth of new information to the oil and gas
industry," said Sri Peruvemba, CEO of Quantum Materials Corp.
"However more importantly to Quantum, the challenges of creating
nanoparticles that can withstand the harsh downhole environment are
leading us to discoveries that we can apply to make our quantum
dots for use in displays and lighting more robust."

The Company realized a small revenue contribution from this project
in fiscal year 2016 that ended June 30.

                  About Quantum Materials

Quantum Materials Corp. and its wholly owned subsidiary, Solterra
Renewable Technologies, Inc. (collectively referred to as the
company) are headquartered in San Marcos, Texas.  The company
specializes in the design, development, production and supply of
quantum dots, including tetrapod quantum dots, a high performance
variant of quantum dots, and highly uniform nanoparticles, using
its patented automated continuous flow production process.

As of March 31, 2016, Quantum had $1.06 million in total assets,
$1.48 million in total liabilities, and a total stockholders'
deficit of $419,000.

Weaver and Tidwell, L.L.P., in an Oct. 13, 2015 report expressed
substantial doubt about the company's ability to continue as a
going concern.  The firm audited the consolidated balance sheets of
the company as of June 30, 2015 and 2014, and the related
consolidated statements of operations, stockholders' equity
(deficit), and cash flows for each of the years in the two-year
period ended June 30, 2015.  The independent auditor noted that the
Company has suffered recurring losses from operations and has an
accumulated deficit that raises substantial doubt about its ability
to continue as a going concern.


R & G FOOD SERVICES: Files Joint Chapter 11 Plan of Reorganization
------------------------------------------------------------------
R & G Food Services, Inc. filed with the U.S. Bankruptcy Court for
the District of Arizona a joint Chapter 11 plan proposed by the
company and its chief executive officer.

Under the plan, creditors holding Class 7 general unsecured claims
against R & G will be paid a substantial dividend over a period of
four years.  Each creditor will receive its pro rata share of
periodic payments, weighted based on the cash flow timing of the
business.

R & G will also assign its interest in its preference and
fraudulent conveyance actions to the unsecured creditors' committee
to pursue.

Class 7 general unsecured creditors assert a total of $1.434
million in claims.

Each creditor holding a Class 8 general unsecured claim against R &
G CEO Ronda Sneva will receive its pro rata share of periodic
payments from the company, weighted based on the cash flow timing
of the business.  Class 8 creditors assert a total of $2.761
million in claims, according to the disclosure statement detailing
the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/R&GFood_1stDS07142016.pdf

The Debtors are represented by:

     Gerald K. Smith, Esq.
     John C. Smith Law Offices, PLLC
     6720 E. Camino Principal, Suite 203
     Tucson, AZ 85715

                    About R & G Food Services

R & G Food Services, Inc., dba Latitude Catering, and Ronda Sneva
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D. Ariz. Case Nos. 15-13187 and 15-13185) on October 14, 2015.

R & G is an emergency food services company that provides prepared
food, drinks, and other related relief to firefighters and aid
workers at natural disaster sites throughout the country.  It also
provides its mobile catering services to fundraising events put on
by non-profit organizations.

Ms. Sneva is the president and chief executive officer of R & G and
the primary guarantor of the majority of its debts.


RANCHO PALOMITA: Hearing on Plan Outline Approval on Sept. 20
-------------------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona has set for Sept. 20, 2016, at 1:30 a.m. the hearing to
consider approval of the First Disclosure Statement that Rancho
Palomita Advisors, LLC, filed on July 13, 2016.

As reported by the Troubled Company Reporter on Aug. 2, 2016, the
Debtor filed with the Court its proposed First Disclosure Statement
in connection with the Debtor's First Plan of Reorganization dated
July 13, 2016, which proposes that holders of Class 6 - Unsecured
Deficiency Claims and Unsecured Claims will be paid 100% of the
allowed amount of their claims at 3.0% interest on the unpaid
balance in 60 equal monthly installments with the first payment due
60 days from the Effective Date.

Rancho Palomita Advisors, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. D. Ariz. Case No. 16-04036) on April 14, 2016.
The petition was signed by Richard A. Spross, managing member.

The Debtor is represented by Eric Slocum Sparks, Esq., at Eric
Slocum Sparks PC.  The case is assigned to Judge Scott H. Gan.

The Debtor disclosed zero assets and total debts of $1.62 million.


RANGE RESOURCES: S&P Assigns 'BB+' Rating on Planned Sr. Notes
--------------------------------------------------------------
S&P Global Ratings said that it assigned its 'BB+' issue-level '3'
recovery ratings to U.S.-based oil and gas exploration and
production company Range Resources Corp.'s planned senior unsecured
note offering.  The '3' recovery rating indicates S&P's expectation
for meaningful (higher end of the 50%-70% range) recovery in the
event of a default.  The company is offering the new notes at par
in exchange for Range's existing senior subordinated notes due
2021, 2022 and 2023, and in exchange for Memorial Resource
Development Corp.'s (MRD's) senior unsecured notes due 2022 in
conjunction with Range's acquisition of MRD.  The new notes have
the same coupon and maturity as the existing notes.

The 'BB+' corporate credit rating and negative outlook on Range and
the 'BB+' issue-level ratings on its existing senior subordinated
notes and senior unsecured notes are unchanged.  S&P expects to
review its issue-level rating on the remaining subordinated notes
following the close of Range's exchange and tender offers.  S&P
could lower its rating on the subordinated notes depending on the
level of acceptance of the offers and S&P's assessment of
subsequent asset coverage.

"Our ratings on Range reflect our assessment of its business risk
as satisfactory and financial risk as aggressive.  Our business
risk evaluation incorporates the large scale of its reserves and
production, geographic concentration in the Marcellus shale, low
operating costs, significant inventory and resource potential to
support production growth, high exposure to natural gas prices, and
the cyclical and capital-intensive nature of the E&P industry. Our
assessment of Range's financial risk as aggressive reflects
aggressive capital spending, moderately high financial leverage,
and negative free cash flow generation.  We would likely consider a
stable rating outlook if Range's leverage measures improve more
quickly than currently assumed, such that funds from operations to
total debt rose to near 20% and debt to EBITDA declined closer to
4x on a sustained basis," S&P said.

RATINGS

Range Resources Corp.
Corporate credit rating                         BB+/Negative/--

Range Resources Corp.
Proposed Senior Unsecured
  $750 mil 5% notes due 2023                    BB+
   Recovery rating                              3H
  $600 mil 5% notes due 2022                    BB+
   Recovery rating                              3H
  $600 mil 5.875% notes due 2022                BB+
   Recovery rating                              3H
  $500 mil 5.75% notes due 2021                 BB+
   Recovery rating                              3H


RAYMOND THEODORE POWERS: Sept. 14 Hearing on Disclosure Statement
-----------------------------------------------------------------
Following the filing of a Chapter 11 Plan and Disclosure Statement
on July 28, 2016, by debtors Raymond Theodore Powers and Judith Ann
Powers, Judge Eddward P. Ballinger Jr. ordered that:

   1. The hearing to consider approval of the Disclosure Statement
will be held at the United States Bankruptcy Court, 230 North First
Avenue, Courtroom #703, Phoenix, Arizona 85003, on Sep. 14, 2016 at
10:00 a.m.

   2. In accordance with Fed. R. Bankr. P. 3017(a), Sep. 9, 2016 is
fixed as the last day for filing and serving written objections to
the Disclosure.

Raymond Theodore Powers and Judith Ann Powers filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-00094) on Jan. 6, 2016.

The Debtor's counsel:

         Anthony W. Clark and Associates, PLLC
         ANTHONY W. CLARK
         PO Box 34506
         Phoenix, AZ 85067
         Tel: (602) 790-4959
         E-mail: ecf@awcesq.com



RAYONIER ADVANCED: S&P Revises Outlook to Pos. & Affirms 'BB-' CCR
------------------------------------------------------------------
S&P Global Ratings said it revised the rating outlook on
Jacksonville, Fla.-based Rayonier Advanced Materials Inc.to
positive from stable.  At the same time, S&P affirmed its 'BB-'
corporate credit rating on the company and its 'BB-' issue-level
rating on the company's senior unsecured debt.  The recovery rating
on the debt is '3', reflecting S&P's expectation of meaningful
(50%-70%; higher end of the range) recovery in the event of a
default.

"Our positive outlook reflects the potential for an upgrade to 'BB'
if Rayonier Advanced Materials is able to improve credit measures
in line with a significant financial risk profile going into 2017,"
said S&P Global Ratings credit analyst Thomas Nadramia.  "We note
that the company will be completing its annual price negotiations
with its major customers in the fourth quarter of 2016.  Assuming
the company can continue to offset any potential price decline with
cost savings or new volumes, cash flow and leverage coverage
ratios, including EBITDA to interest and operating cash flow to
debt, could be maintained at levels consistent with a higher
rating."

S&P could raise its ratings if debt reductions and cost savings
over the next year result in debt-to-EBITDA leverage of 4x or below
in 2017, despite the current weak pricing and volume environment
for specialty pulp fibers.  For this to occur, S&P estimates EBITDA
margins will need to be maintained at 24% or higher.

S&P could revise its outlook on RYAM back to stable over the next
12 months if it does not achieve expected EBITDA levels due to
lower-than-expected cost savings or operating outages or if its
cellulose and commodity products undergo further demand and price
pressure in the latter half of 2016, thereby indicating lower 2017
contracted volumes and prices.


REALOGY HOLDINGS: Posts $92 Million Net Income for 2nd Quarter
--------------------------------------------------------------
Realogy Holdings Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
attributable to the Company of $92 million on $1.66 billion of net
revenues for the three months ended June 30, 2016, compared to net
income attributable to the Company of $97 million on $1.65 billion
of net revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $50 million on $2.79 billion
of net revenues compared to net income attributable to the Company
of $65 million on $2.71 billion of net revenues for the six months
ended June 30, 2015.

As of June 30, 2016, Realogy Holdings had $7.63 billion in total
assets, $5.20 billion in total liabilities and $2.42 billion in
total equity.

At June 30, 2016, the Company had $423 million of cash and cash
equivalents, an increase of $8 million compared to the balance of
$415 million at Dec. 31, 2015.

"Our results for the second quarter were mixed, as continued growth
at RFG and TRG was offset by challenges at NRT," said Richard A.
Smith, Realogy's chairman, chief executive officer and president.
"At NRT, a continued slowing of activity in the high end markets
and increased competitive recruiting pressures further impacted our
overall transaction volume.  We are working diligently to improve
agent retention at NRT as part of a broader strategy to increase
the recruitment of top agents and agent teams."

Mr. Smith continued: "We continue to believe that housing is on a
growth trajectory, and still has years to go before it reaches peak
levels.  As we execute our strategy to put Realogy in the strongest
position possible to capitalize on a long-term housing recovery, we
remain committed to returning capital to shareholders.  We are
pleased to announce the initiation of a cash dividend beginning
this quarter and with the progress we've made on our existing $275
million share repurchase program.  We believe our stock remains an
attractive value at current prices."

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

                       https://is.gd/TvKQaF

                    About Realogy Holdings Corp.

Realogy Holdings Corp. (NYSE: RLGY) is a global leader in
residential real estate franchising with company-owned real estate
brokerage operations doing business under its franchise systems as
well as relocation and title services.  Realogy's brands and
business units include Better Homes and Gardens(R) Real Estate,
CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R),
The Corcoran Group(R), ERA(R), Sotheby's International Realty(R),
NRT LLC, Cartus and Title Resource Group.  Collectively, Realogy's
franchise system members operate approximately 13,500 offices with
251,000 independent sales associates doing business in 104
countries around the world. Realogy is headquartered in Madison,
N.J.

Realogy Holdings reported net income attributable to the Company of
$143 million on $5.32 billion of net revenues for the year ended
Dec. 31, 2014, compared to net income attributable to the Company
of $438 million on $5.28 billion of net revenues during the prior
year.

                           *     *     *

In the Aug. 1, 2013, edition of the TCR, Moody's Investors Service
upgraded the corporate family rating of Realogy Group to to B2
from B3.  The upgrade to B2 CFR is driven by expectations for
ongoing strong financial performance, supported by Realogy's
recently-concluded debt and equity financing activities and a
continuing recovery in the US existing home sale market.

As reported by the TCR on Feb. 18, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on Realogy Corp. to
'B+' from 'B'.

"The one notch upgrade in the corporate credit rating to 'B+'
reflects an increase in our expectation for operating performance
at Realogy in 2013, and S&P's expectation that total lease
adjusted debt to EBITDA will improve to the low-6x area and funds
from operations (FFO) to total adjusted debt will be improve to
the high-single-digits percentage area in 2013, mostly due to
EBITDA growth in the low- to mid-teens percentage area in 2013,"
S&P said.


RED MOUNTAIN: Has Exclusive Right to File Plan Thru Sept. 6
-----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
Red Mountain Resources' motion to extend the exclusive period
during which the Company can file a Chapter 11 plan and solicit
acceptances thereof through and including September 6, 2016 and
November 7, 2016. As previously reported, "The Bidding Procedures
Order lays the groundwork for a sale process that is expected to
culminate in a sale hearing on August 1, 2016, at which time the
Debtors expect to propose the sale of certain Assets. If the sale
of those Assets is approved and closes, the sale will result in the
satisfaction of substantially all of the Debtors' secured
indebtedness. The Debtors would then propose a plan of
reorganization around their remaining Assets. Because a plan of
reorganization centered on the Debtors' remaining Assets would be
substantially different from a plan involving the Debtors current
Assets, the Debtors request that they be provided an additional
sixty (60) days of exclusivity in which to file a plan, so that the
proposed sale can be considered by the Court and, if approved,
allowed to close."

                      About Red Mountain

Based in Farmers Branch, Texas, Red Mountain Resources, Inc. has
oil and natural gas properties in the Permian Basin of West Texas
and Southeast New Mexico, the onshore Gulf Coast of Texas and
Kansas.  The Company filed for bankruptcy on March 8, 2016
(Bankr. N.D. Tex. Case No. 16-30989).  Howard Marc Spector, Esq. of
Spector & Johnson, PLLC, represents the Debtor.


ROBERT GORDON: Unsecureds To Be Paid $6,000 Under Plan
------------------------------------------------------
Robert Gordon Roy and Louise Marie-Therese Vande Wiele filed with
the U.S. Bankruptcy Court for the Middle District of Tennessee at
Nashville a disclosure statement describing the Debtor's Chapter 11
plan.

Class 4 - General Unsecured Claims, which total $275,307.39, will
be paid $100 per month, starting Sept. 1, 2016, and ending on Aug.
1, 2020, with 0% interest rate.  Total payout will be $6,000.

Monthly payments will be made on a pro rata basis based on the
value of each unsecured claim.  Any plan payments returned to the
Debtors by unsecured creditors will become property of the
reorganized Debtors.

The Debtor is aware that unsecured student loan debts are
non-dischargeable.  The Debtor will make arrangements with Navient
Solutions, Inc., and AES Loan Servicing at the conclusion of the
Chapter 11 plan in order to arrange payments of the balance of the
debts.

The Plan will be funded by income from husband's employment as a
1099 contract employee by Riverview Regional Medical Center in
Carthage, Tennessee.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/tnmb15-06199-76.pdf

The Plan was filed by the Debtors' counsel:

     Steven L. Lefkovitz, Esq.
     STEVEN L. LEFKOVITZ
     618 Church Street, Suite 410
     Nashville, TN 37219
     Tel: (615) 256-8300
     Fax: (615) 255-4516
     E-mail: slefkovitz@lefkovitz.com

                     About Robert Gordon Roy

Robert Gordon Roy and Louise Marie-Therese Vande Wiele receive
income from the husband's employment as a 1099 contract employee.
The husband is a physician and is employed by Riverview Regional
Medical Center in Carthage, Tennessee.

On Sept. 2, 2015, the Debtors commenced a voluntary bankruptcy case
by filing a Chapter 13 petition under the U.S. Bankruptcy Code.
The Debtors converted their Chapter 13 case to a Chapter 11 case
(Bankr. M.D. Tenn. Case No. 15-06199) on Dec. 3, 2015.


ROYCE MCBRIDE: Unsecured Creditors to Get 5% Under Exit Plan
------------------------------------------------------------
Royce Mcbride, a dentist in Cleveland, Tennessee, filed a Chapter
11 plan of reorganization, which proposes to pay unsecured
creditors 5% of their claims.

Under the plan, creditors holding Class 5 unsecured claims will be
paid 5% of their claims.  These unsecured creditors will be paid
pro rata after distributions to other creditors are completed,
according to Mr. Mcbride's disclosure statement filed with the U.S.
Bankruptcy Court for the Eastern District of Tennessee.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/RoyceDMcBride_DS07142016.pdf

The Debtor is represented by:

     David J. Fulton, Esq.
     Scarborough & Fulton
     701 Market Street, Ste. 1000
     Chattanooga, TN 37402
     Phone: (423) 648-1880
     Fax: (423) 648-1881
     Email: DJF@sfglegal.com
  
                        About Royce Mcbride

Royce D. Mcbride, a dentist in Cleveland, Tennessee, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E. D.
Tenn. Case No. 15-14081).


SAMUIL PREYS: Key Offers $100K for 3,000 Shares of Gasprom Stock
----------------------------------------------------------------
Samuil Preys asks the U.S. Bankruptcy Court for the Central
District of California, San Fernando Valley Division, to authorize
procedures in connection with the sale of interests in 3,000 shares
of Gasprom stock to Key Capital Fund, LLC, for $100,000, subject to
overbid.

A hearing on the Motion is set for August 4, 2016 at 1:00 p.m.

Debtor operates a gas station through Jenda, Inc., a wholly owned
entity, as well as an automotive repair facility through Romaina
Auto Body, Inc., another wholly owned entity. Debtor also owns 100%
of Gasprom, Inc., which is a non-operating but important entity.

Debtor's principal assets are his interests in the above referenced
entities and his interest in two real properties located at
8329/8327 W. 4th St. Los Angeles and 17619 Arvida Dr. Granada
Hills. Aside from real property mortgages, Debtor's largest debts
are a State Board of Equalization ("SBE") tax claim of
approximately $1 million and a claim held by Key for $702,000. The
SBE and Key liabilities arise from former operation of the Gasprom
entity.

The principal dispute to resolve in Debtor's case is the dispute
over ownership and control of the Gasprom stock. The Debtor has
filed an adversary proceeding to obtain turnover of the Gasprom
stock under 11 U.S.C. Section 542(a) [Avv. Pro. No. 16-ap-01030].
The SBE asserted that it already owned the Gasprom stock and has
not violated the stay by exercising control over the Gasprom
stock.

The SBE has moved for relief from stay and several hearings have
been held on these issues. The Court has tentatively found that the
Gasprom stock remains an asset of Debtor's estate. The Debtor has
requested that the Court defer the issues of relief from stay and
turnover pending the sale process contemplated.

During the course of litigation to recover the Gasprom stock, the
Debtor received an offer of $100,000 for the Gasprom stock from
Key. In lieu of accepting the Key offer, Debtor proposed to pay the
SBE $100,000 as adequate protection and retain his interest in the
stock. The SBE has opposed Debtor's adequate protection proposal
demanding that the value of the Gasprom stock be market tested by
auction. Debtor has agreed to do so.

Debtor proposes the sale procedures as set forth in detail in the
proposed sale procedures order. The following summarizes the sale
process with additional terms requested by the SBE:

          a. Minimum bid of $110,000 by cashier???s check with
$10,000 bid increments;

          b. Bidders must qualify 14 days before the sale date;

          c. Stock certificate to be transferred at closing which
is one business day after effectiveness of sale order;

          d. Immediate payment to SBE after sale is closed (within
one business day);

          e. SBE consents to the sale under Section 363(f)(2);

          f. No breakup fees;

          g. Sale proceeds not subject to surcharge for estate
expenses; and

          h. Debtor will conduct UCC search and provide notice to
all creditors of record and any other potential interested
parties.

A copy of the proposed sale procedures order attached to the Motion
is available for free at
http://bankrupt.com/misc/Samuil_Preys_70_Sales.pdf

Samuil Preys is represented by:

          Lewis R. Landau
          22287 Mulholland Hwy., # 318
          Calabasas, CA 91302
          Telephone and Facsimile: (888) 822-4340

                    About Samuil Pryers

Samuil Prey operates a gas station through Jenda, Inc., a wholly
owned entity, as well as an automotive repair facility through
Romaina Auto Body, Inc., another wholly owned entity. He also owns
100% of Gasprom, Inc., which is a non-operating entity.  

Samuil Pryers sought Chapter 11 protection (Bankr. C.D. Cal. Case
No. 16-10159) on Jan. 19, 2016.  Judge Maureen A. Tighe is the case
judge.

Lewis R. Landau, Esq., serves as the Debtor's counsel.


SANDRIDGE ENERGY: Court to Take Up Chapter 11 Plan on Aug. 9
------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas is set
to hold a hearing on August 9 to consider approval of SandRidge
Energy, Inc.'s proposed plan to exit Chapter 11 protection.

The bankruptcy court had earlier approved SandRidge's disclosure
statement, allowing the oil and natural gas company to start
soliciting votes from creditors.  

The plan proposes for a restructuring of the company and its
affiliates through a debt-for-equity conversion.  A key element of
the plan is the agreement of the second lien creditors and
unsecured creditors to convert their pre-bankruptcy claims into new
common stock.

Under the plan, each holder of second lien note claims will receive
its pro rata share of 85% of the new common stock, as fully-diluted
by the "conversion equity."

Meanwhile, general unsecured creditors will receive their pro rata
share of 15% of the new common stock as fully-diluted by the
conversion equity, according to the disclosure statement filed on
July 14.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/SandRidge_DS07142016.pdf

                     About SandRidge Energy

SandRidge Energy, Inc. (OTC PINK: SDOC) --
http://www.sandridgeenergy.com/-- is an oil and natural gas
exploration and production company headquartered in Oklahoma City,
Oklahoma, with its principal focus on developing high-return,
growth-oriented projects in the U.S. Mid-Continent and Niobrara
Shale.

SandRidge Energy, Inc. and 24 of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 16-32488) on May 16, 2016. The petitions
were signed by Julian M. Bott as chief financial officer.

The Debtors have hired Kirkland & Ellis LLP as general bankruptcy
counsel, Zack A. Clement PLLC as local counsel, Houlihan Lokey
Capital, Inc. as financial advisor, Alvarez & Marsal Holdings, LLC
as restructuring advisor and Prime Clerk LLC as claims and noticing
agent.

The cases are assigned to Judge David R Jones.

The Office of the U.S. Trustee has appointed five creditors of
SandRidge Energy, Inc., to serve on the official committee of
unsecured creditors.


SCIENTIFIC GAMES: Incurs $51.7 Million Net Loss in Second Quarter
-----------------------------------------------------------------
Scientific Games Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing
a net loss of $51.7 million on $729 million of total revenue for
the three months ended June 30, 2016, compared to a net loss of
$102 million on $692 million of total revenue for the three months
ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $144 million on $1.41 billion of total revenue compared to
a net loss of $189 million on $1.35 billion of total revenue for
the same period last year.

As of June 30, 2016, Scientific Games had $7.46 billion in total
assets, $9.13 billion in total liabilities and a $1.66 billion
total stockholders' deficit.

As of June 30, 2016, the Company's principal sources of liquidity,
other than cash flows provided by operating activities, were cash
and cash equivalents and amounts available under its revolving
credit facility.

As of June 30, 2016, the Company's available cash and cash
equivalents and borrowing capacity totaled $558.8 million,
including cash and cash equivalents of $101.4 million and
availability of $457.4 million under our revolving credit facility,
compared to $583.0 million as of Dec. 31, 2015, which included cash
and cash equivalents of $128.7 million and availability of $454.3
million under its revolving credit facility.  The Company had $80.0
million in borrowings outstanding and $55.2 million of letters of
credit outstanding under the Company's revolving credit facility as
of June 30, 2016, which reduces the Company's capacity to borrow
under our revolving credit facility.

"Thanks to the hard work of the entire Scientific Games team, we
delivered our third consecutive quarter of year-over-year increases
in revenue, operating income and cash flow from operating
activities. We're on a roll -- executing on our business
strategies, delivering improved results, and paying down debt,"
said Gavin Isaacs.

"Our performance demonstrates the ongoing success of our business
and the value from our diverse revenue streams.  Our Interactive
division is on fire, gaming machine sales were strong, and the
Lottery segment's instant games revenue turned in an exceptional
performance.  We remain focused on driving innovation and fiscal
discipline to support future cash flow growth to create meaningful
and sustained long-term shareholder value."

Michael Quartieri, Scientific Games executive vice president and
chief financial officer, said, "Across our global operations, we
continue to manage costs and execute on our strategies to deliver
consistent revenue growth.  Our ongoing implementation of process
improvements is generating operating efficiencies which, combined
with fiscal discipline in our capital spending and a focus on
improving our core working capital, is leading to higher cash flow
and reducing our leverage.  Since closing on the Bally acquisition
in 2014, our total debt has been reduced by more than $250
million."

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

                   https://is.gd/rMRwt0

                    About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/           

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015, compared
to a net loss of $234.3 million on $1.78 billion of total revenue
for the year ended Dec. 31, 2014.

                           *     *     *

The TCR reported on May 21, 2014, that Moody's Investors Service
downgraded Scientific Games Corporation's ("SGC") Corporate Family
Rating to 'B1'.  The downgrade reflects Moody's view that slower
than expected growth in SGC's Gaming and Instant Products segments
will cause Moody's adjusted leverage to exceed 6.0 times by the
end of 2014.

As reported by the TCR on Aug. 5, 2014, Standard & Poor's Ratings
Services lowered its corporate credit rating to 'B+' from 'BB-' on
Scientific Games Corp.

"The downgrade and CreditWatch placement follow Scientific Games'
announcement that it has agreed to acquire Bally Technologies for
$5.1 billion, including the refinancing of about $1.8 billion in
net debt at Bally," said Standard & Poor's credit analyst Ariel
Silverberg.


SEANERGY MARITIME: Reports Recent Financing Agreements Developments
-------------------------------------------------------------------
On April 21, 2016, May 17, 2016, and June 16, 2016, Seanergy
Maritime Holdings Corp. entered into the fifth, sixth and seventh
amendments, respectively, to the unsecured convertible promissory
note issued Sept. 7, 2015, to Jelco Delta Holding Corp.  These
amendments increased to $21.2 million the maximum principal amount
available to be drawn under the Convertible Note, and also
increased to $3.1 million the amount by which the Applicable Limit
will be reduced on September 10, 2017, and on the anniversary of
that date in each of the following two years.  As of the date of
this prospectus supplement, the Company has drawn down the entire
principal amount available under the Convertible Note.

          HSH Nordbank AG Facility Supplemental Agreement

Under the Company's senior secured loan facility with HSH Nordbank
AG, dated Sept. 1, 2015, or the HSH Facility, the Company agreed to
make a prepayment of up to $8 million upon the earlier of: (i) the
occurrence of a follow-on offering of at least $30 million of new
common shares that will be listed for trading on Nasdaq or (ii)
Dec. 31, 2016, or the Prepayment Deadline.  In the event that such
a follow-on offering did not occur by the Prepayment Deadline, the
Company agreed that the prepayment would be limited to $3 million.
On May 16, 2016, the Company entered into a supplemental agreement
to the HSH Facility that changed the Prepayment Deadline to June
30, 2018.  The Company also agreed under the supplemental agreement
that if an event of default occurs prior to June 30, 2018, the
Company will make a $3 million prepayment.

          UniCredit Bank AG Facility Supplemental Agreements

On June 3, 2016, the Company entered into a supplemental agreement
related to its secured term loan facility with UniCredit Bank AG,
dated Sept. 11, 2015, or the UniCredit Facility.  This supplemental
agreement has, among other things, (i) delayed until June 30, 2017,
the application of the requirement that the security cover ratio
shall not be less than 100%, (ii) delayed until July 1, 2017 the
application of the minimum liquidity covenant applicable to the
borrowers, and, (iii) until June 30, 2017, split the interest
payable under the facility into a cash portion, equal to
five-eighths of accrued interest, and a non-cash portion, equal to
three-eighths of accrued interest.  The non-cash portion of accrued
interest will be capitalized until June 30, 2017, when we are
required to repay it in full.

On July 29, 2016, the Company entered into another supplemental
agreement to the UniCredit Facility.  Among other things, pursuant
to this supplemental agreement the requirement for Seanergy
Maritime Holdings Corp., as guarantor, to maintain liquidity in a
specified amount is delayed until July 1, 2017.

          Alpha Bank A.E. Facilities Supplemental Agreements

On July 28, 2016, the Company entered into a supplemental agreement
related to its secured loan facility with Alpha Bank A.E., dated
March 6, 2015, or the March 2015 Alpha Bank Facility. Among other
things, this supplemental agreement: (i) reduced the next four
repayment installments to $100,000 each, amounting to an aggregate
reduction of $600,000, and increased the balloon payment by
$600,000, (ii) delayed until July 1, 2017 the application of the
liquidity covenants applicable to the borrower and the Seanergy
Maritime Holdings Corp., as guarantor, and (iii) delayed until July
1, 2017 the application of the security shortfall covenant.

On July 28, 2016, the Company entered into a supplemental agreement
related to our secured loan facility with Alpha Bank A.E., dated
Nov. 4, 2015.  Among other things, this supplement delayed until
July 1, 2017 the application of the liquidity covenants applicable
to the borrower and Seanergy Maritime Holdings Corp., as
guarantor.

             Capitalization Report as of March 31, 2016

"There have been no significant adjustments to our capitalization
since March 31, 2016, as so adjusted.  The historical data in the
table is derived from, and should be read in conjunction with, our
historical financial statements, which incorporated by reference in
this prospectus supplement."

A full-text copy of the Form 8-K report is available for free at:

                          https://is.gd/YLZ8RY

                            About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

For the year ended Dec. 31, 2015, the Company reported a net loss
of US$8.95 million on US$11.22 million of net vessel revenue
compared to net income of US$80.34 million on US$2.01 million of
net vessel revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, the Company had US$206 million in total
assets, US$185 million in total liabilities, and US$21.09 million
in stockholders' equity.


SEQUA CORP: Moody's Cuts Corporate Family Rating to 'Ca'
--------------------------------------------------------
Moody's Investors Service has downgraded its ratings for Sequa
Corporation, including the Corporate Family Rating (CFR) to Ca from
Caa2 and the Probability of Default Rating (PDR) to Ca-PD from
Caa2-PD. The company's senior secured bank debt was also downgraded
to Caa3 from Caa1 while the senior unsecured bond rating were
downgraded to C from Ca. The rating outlook is negative.

Issuer: Sequa Corporation

The following ratings were downgraded:

Corporate Family Rating, downgraded to Ca from Caa2

Probability of Default Rating, downgraded to Ca-PD from Caa2-PD

$175 million senior secured revolver due 2017, downgraded to Caa3
(LGD3) from Caa1 (LGD3)

$1,228 million (outstanding) senior secured term loan due 2017,
downgraded to Caa3 (LGD3) from Caa1 (LGD3)

$350 million senior unsecured notes due 2017, downgraded to C
(LGD5) from Ca (LGD5)

Rating Outlook, Negative

RATINGS RATIONALE

The downgrade reflects the on-going weakness in Sequa's Chromalloy
segment and expectations of a tight liquidity profile over the next
few quarters. Sequa's highly leveraged balance sheet and looming
debt maturities make the company's financial position increasingly
tenuous and raise the likelihood of a requisite restructuring event
in the next 12 months.

Sequa's liquidity is expected to remain tight with low cash
balances ($74 million as of March 2016), a weak cash flow profile,
and constrained availability under its revolving and receivables
financing facilities. As of March 2016, Moody's adjusted
Debt-to-EBITDA was well excess of 10x, a level of financial
leverage that Moody's views as unsustainable, particularly in light
of the almost $1.7 billion of debt that matures in 2017. Sequa's
Chromalloy segment (60% of sales) continues to face multiple
earnings headwinds including declining volumes on legacy programs
(KC-10 and United PW2000), operational issues at key facilities
(Trac in the UK), and lower than anticipated profitability on OEM
licensed repair and new engine build work. The combination of
softer volumes on OEM-related work and reduced volumes on certain
legacy programs has resulted in lower absorption of fixed over-head
costs and a material weakening of profitability metrics. On-going
restructuring and impairment charges further complicate an already
noisy earnings profile while uncertainty around Sequa's largest
contract (the KC-10), which is currently up for rebid, adds a
further element of risk. The rating favorably considers Sequa's
Precoat segment (40% of sales) which has a track record of stable
operating performance as well as Sequa's well-established market
position within its niche engine segment and also recognizes the
considerable barriers to entry in the engine repair/parts segment
resulting from stringent FAA and OEM approval requirements.

The negative outlook reflects Sequa's weak liquidity profile and
concerns around heightened near-term default risk and impairment
given the looming debt maturities in 2017.

The rating could be downgraded again if earnings continue to
deteriorate or if its liquidity profile weakens further. The
ratings could be downgraded if the company misses any interest
payments beyond the contractual grace periods and/or the company
breaches its covenants without being able to enter into an
amendment thereby increasing the probability of a default. At this
time a rating upgrade is unlikely; however, improved earnings and
cash flows coupled with Moody's-adjusted Debt-to-EBITDA sustained
below 8x could temper the negative bias and possibly warrant
consideration for a ratings upgrade. Ratings could be revised
upward if the company implements a capital restructuring plan that
reduces debt materially.

Sequa Corporation, headquartered in Palm Beach Gardens, FL, is a
diversified industrial company operating in two business segments:
Aerospace, through Chromalloy Gas Turbine, and metal coating,
through Precoat Metals. Sequa was purchased via a $2.8 billion LBO
by affiliates of Carlyle Partners V, L.P. (Carlyle) in December
2007. Revenues for the twelve months ended March 2016 were $1.3
billion.


SERVICEMASTER CO: S&P Revises Outlook to Neg. & Affirms 'BB-' CCR
-----------------------------------------------------------------
S&P Global Ratings revised the outlook to negative from stable and
affirmed its 'BB-' corporate credit rating on Memphis, Tenn.-based
The ServiceMaster Co. LLC.

"The outlook revision reflects our assessment of the uncertain
nature of the company's future litigation proceedings and the
company's ability to maintain its strong liquidity profile," said
S&P Global Ratings analyst Suyun Qu.  "The recent surprise
settlement of the U.S. Virgin Islands case was significantly worse,
from a company perspective, than our previous assumptions. We had
assumed that the company's liability insurance would cover civil
damages.  Although we continue to expect outstanding litigation to
be resolved without severe financial recourse to the company,
another material surprise cash settlement would likely lead us to
reassess the company's liquidity and downgrade the company."

S&P Ratings Services could revise the rating outlook to stable if
the outstanding fumigation case resolves with minimal cash
disbursements and the company makes progress under its health and
safety initiatives to prevent further litigation risk.  S&P could
also consider revising the outlook stable if the company maintains
its strong liquidity position, as doing so would provide support
for unexpected calls on liquidity.


SHEPHERD AVE REALTY: Taps Vogel Bach as Counsel
-----------------------------------------------
Shepherd Ave Realty, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of New York to employ
Vogel Bach & Horn, LLP as counsel.

The Debtor requires Vogel Bach to:

   (a) provide the Debtor with advice and prepare all necessary
       documents regarding debt restructuring, bankruptcy and
       asset dispositions;

   (b) take all necessary actions to protect and preserve the
       Debtor's estate during the pendency of this Chapter 11
       Case;

   (c) prepare on behalf of the Debtor, as debtor-in-possession,
       all necessary motions, applications, answers, orders,
       reports and papers in connection with the administration of

       this Chapter 11 Case;

   (d) counsel the Debtor with regard to its rights and
       obligations as debtor- in-possession;

   (e) appear in Court to protect the interests of the Debtor; and

   (f) perform all other legal services for the Debtor which may
       be necessary and proper in these proceedings and in
       furtherance of the Debtor's operations.

The Debtor and Vogel Bach have agreed that Vogel Bach will be
compensated at an hourly rate of $225 plus costs and expenses.
Prior to the filing of this case, the Firm received a retainer of
$2,500.

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

Eric H. Horn, member of Vogel Bach, 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.

Vogel Bach can be reached at:

       Eric H. Horn, Esq.
       Heike M. Vogel, Esq.
       VOGEL BACH & HORN, LLP
       1441 Broadway, 5 th Floor
       New York, NY 10018
       Tel: (212) 242-8350
       Fax: (646) 607-2075

Shepherd Ave Realty Inc., filed a Chapter 11 bankruptcy petition
(Bankr. E.D.N.Y. Case No. 16-42758) on June 23, 2016.  The Debtor
is represented by Eric H. Horn, Esq. of Vogel Bach & Horn, P.C.


SINOLA LLC: Proceeds from Avoidance Suits Earmarked for Unsecureds
------------------------------------------------------------------
Sinola, LLC, filed with the U.S. Bankruptcy Court for the Northern
District of Texas its First Disclosure Statement and Plan of
reorganization.

Under the Plan, Class 3 - general unsecured claims are impaired and
will be paid by the Debtor pro rata, without interest, out of the
proceeds of avoided transfers as the funds are recovered.  The
Debtor must object to the claims of General Unsecured Creditors
prior to 60 days after the Effective Date.

The Debtor will market and sell the property at No. 14 Kingsridge
in Amarillo, Texas, with the proceeds from the sale used to pay the
secured note of Herring Bank and the balance to the estate.
The Debtor will actively investigate and pursue Chapter 5 actions
after confirmation through declaratory judgment actions and apply
proceeds from any recovery to pay administrative, secured and
priority claims in full and apply the balance of proceeds to pro
rata payment of allowed unsecured claims.

The Debtor attests that its Plan is feasible because the Debtor
will have sufficient cash on hand and sufficient cash from recovery
on preference claims after confirmation to fund the obligations
under the Plan.  Secured Creditors holding claims against the
Debtor will get 100% of the secured value of their allowed secured
claims. Administrative, Tax and Priority Claims will be paid in
full. Unsecured Creditors will receive the balance of the funds in
the Estate pro rata after the aforesaid Claims are paid in full.

The First Disclosure Statement is available at:

            http://bankrupt.com/misc/txnb15-20319-77.pdf

The Plan was filed by the Debtor's counsel:

     Bill Kinkead, Esq.
     KINKEAD LAW OFFICES
     6937 Bell Street, Suite G
     Amarillo, Texas 79109
     Tel: (806) 206-6342
     Fax: (806) 353-4370
     E-mail: bkinkead713@hotmail.com

                          About Sinola

Headquartered in Amarillo, Texas, Sinola, LLC, dba Sinola Custom
Homes, LLC, was created on Oct. 4, 2011, as a Texas limited
liability company to contract, design and build custom executive
homes.  Roger L. Hunter is the sole member and manager of the
Debtor.  Mr. Hunter has been designing luxury homes for over 30
years.  At the time of the filing of its Chapter 11 petition, the
Debtor was still actively engaged in the construction of a 6 plus
million dollar custom executive home.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Case No. 15-20319) on Dec. 7, 2015, estimating its assets at
between $100,000 and $500,000 and liabilities at between $1 million
and $10 million.  The petition was signed by Roger L. Hunter,
managing member/president.

Judge Robert L. Jones presides over the case.

Bill Kinkead, Esq., at Kinkead Law Offices, serves as the Debtor's
counsel.


SKYLINE CORP: Posts $1.67 Million Net Income for Fiscal 2016
------------------------------------------------------------
Skyline Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing net income of
$1.67 million on $212 million of net sales for the year ended May
31, 2016, compared to a net loss of $10.41 million on $187 million
of net sales for the year ended May 31, 2015.

As of May 31, 2016, Skyline had $55.0 million in total assets,
$29.8 million in total liabilities and $25.1 million in total
shareholders' equity.

In the fourth quarter of fiscal 2016, Skyline reported the
following results:

   * Net sales from continuing operations of $56.7 million, an
     increase of 14% over net sales of $49.6 million from
continuing
     operations in the year ago quarter.

   * Income from continuing operations of $1.53 million as compared

     to a loss of $149,000 from continuing operations in the
     fourth quarter of fiscal 2015.  Included in prior year's loss

     is a $243,000 gain on the sale of idle property, plant and
     equipment that occurred in the fourth quarter.

   * Loss from discontinued operations of $208,000 as compared to
     a loss of $51,000 from discontinued operations in the fourth
     quarter of fiscal 2015.

   * Net income of $1.33 million or $0.16 per share as compared to
a
     net loss of $200,000 or $0.02 per share in the fourth quarter
     of fiscal 2015.  Included in prior year's loss is a $243,000
     gain on the sale of idle property, plant and equipment that
     occurred in the fourth quarter.

Commenting on this quarter's results, President and Chief Executive
Officer Richard Florea said, "We are pleased that our progress in
product development and our overall operational improvements have
translated to increased revenue and profits for the fourth quarter
and the fiscal year.  The recent opening of our manufacturing
facility in Elkhart, Indiana reflects the increased demand we are
seeing for our quality-built, value-laden products."

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

                      https://is.gd/BUXHdx

                       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.


SMALLVILLE PRESCHOOL: Plan and Disclosure Statement Due Sept. 13
----------------------------------------------------------------
Following a status conference on July 27, 2016, Judge Caryl E.
Delano set a Sep. 13, 2016 deadline for Smallville Preschool, Inc.,
to file a Chapter 11 Plan and Disclosure Statement.  The hearing on
the approval of the Disclosure Statement will be consolidated with
the hearing on the confirmation of the Plan.  If the Debtor fails
to file a Plan and Disclosure Statement by the Filing Deadline, the
Court will issue an Order to show cause why the case should not be
dismissed or converted to a Chapter 7 case pursuant to Section
1112(b)(1) of the Bankruptcy Code.

                         Smallville Preschool

Smallville Preschool, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-04221) on May 16,
2016.  The Debtor tapped Richard Johnston, Jr. of Johnston Law,
PLLC as its legal counsel, and Lloyd Chase, of Lloyd Chase, CPA as
accountant.



SMILE ARTIST: Hires Fuqua as Bankruptcy Counsel
-----------------------------------------------
Smile Artist Dentistry PLLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ Fuqua
& Associates as counsel to the Debtor.

Smile Artist requires Fuqua to:

   a. provide the Debtor legal advice with respect to its powers
      and duties as a debtor-in-possession in the continued
      operation of its business, and management of its property;

   b. prepare all pleadings on behalf of the Debtor, as debtor-
      in-possession, which be be necessary therein;

   c. negotiate and submit a potential plan of arrangement
      satisfactory to the Debtor, its estate, and the creditors
      at large; and

   d. perform all other legal services for the Debtor as a
      debtor-in-possession which may become necessary to the
      bankruptcy proceeding.

Fuqua will be paid at these hourly rates:

     Richard L. Fuqua               $500

     Associates                     $225-250

     Law Clerks and
     Legal Assistants               $85-125

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

Richard L. Fuqua, member of Fuqua & Associates, P.C., 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.

Fuqua can be reached at:

     Richard L. Fuqua, Esq.
     Fuqua & Associates, P.C.
     5005 Riverway, Suite 250
     Houston, TX 77056
     Tel: (713) 960-0277
     Fax: (713) 960-1064

                     About Smile Artist

Smile Artist Dentistry PLLC, based in Houston, TX, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 16-33555) on July 18, 2016.
The Hon. Marvin Isgur presides over the case. Richard L Fuqua, II,
Esq., at Fuqua & Associates, PC, as bankruptcy 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 Rodrigo Cabrera, president.


SOUTHCROSS ENERGY: Incurs $7.39 Million Net Loss in 2nd Quarter
---------------------------------------------------------------
Southcross Energy Partners, L.P., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $7.39 million on $125 million of total revenues for the
three months ended June 30, 2016, compared to a net loss of $15.5
million on $167 million of total revenues for the same period in
2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $22.9 million on $244 million of total revenues compared to
a net loss of $29.4 million on $353 million of total revenues for
the six months ended June 30, 2015.

As of June 30, 2016, Southcross had $1.23 billion in total assets,
$617 million in total liabilities, and $615 million in total
partners' capital.

"We remain focused on best positioning Southcross for the current
market environment including our ongoing efforts to reduce our debt
and increase our liquidity," said John Bonn, President and chief
executive officer of Southcross' general partner.  "We continue to
evaluate opportunities to add new gas packages to our system while
executing on cost reduction initiatives."

As of June 30, 2016, Southcross had total outstanding debt of $570
million including $131 million under its revolving credit facility
as compared to total outstanding debt of $639 million as of
March 31, 2016.  Unused borrowing capacity under the revolving
credit facility as of June 30, 2016 was $53 million.  Based on the
current terms of its credit facilities, Southcross' total leverage
ratio (as generally defined as debt divided by credit agreement
EBITDA) was 5.4 to 1 as of June 30, 2016.

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

                        https://is.gd/ZZe1F9

              About Southcross Energy Partners, L.P.

Southcross Energy Partners, L.P. is a master limited partnership
that provides natural gas gathering, processing, treating,
compression and transportation services and NGL fractionation and
transportation services.  It also sources, purchases, transports
and sells natural gas and NGLs.  Its assets are located in South
Texas, Mississippi and Alabama and include four gas processing
plants, two fractionation plants and approximately 3,100 miles of
pipeline.  The South Texas assets are located in or near the Eagle
Ford shale region. Southcross is headquartered in Dallas, Texas.
Visit www.southcrossenergy.com for more information.

Southcross Energy reported a net loss attributable to partners of
$51.4 million on $698 million of total revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to partners of
$36.7 million on $849 million of total revenues for the year ended
Dec. 31, 2014.  

                             *    *    *

As reported by the TCR on April 5, 2016, Standard & Poor's Ratings
Services said it lowered its corporate credit and senior secured
rating on Southcross Energy Partners L.P. to 'CCC+' from 'B-'.

The TCR reported on Jan. 13, 2016, that Moody's Investors Service
downgraded Southcross Energy Partners, LP's Corporate Family Rating
to Caa1 from B2.  "Southcross' Caa1 CFR reflects its high financial
leverage, limited scale, concentration in the Eagle Ford Shale and
our expectation of continued high leverage and challenging industry
conditions into 2017," according to the report.


SOUTHWESTERN ENERGY: Egan-Jones Cuts Sr. Unsec. Rating to B+
------------------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured rating
on debt issued by Southwestern Energy Co to B+ from BB- on July 26,
2016.

Southwestern Energy is an oil and natural gas company based in
Houston, Texas.


SPX FLOW: S&P Assigns 'BB' Rating on New $600MM Sr. Unsec. Notes
----------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating and '4'
recovery rating to Charlotte, N.C.-based SPX FLOW Inc.'s proposed
$600 million senior unsecured note issuance, which is composed of
one tranche of senior unsecured notes due 2024 and one tranche of
senior unsecured notes due 2026.  The '4' recovery rating indicates
S&P's expectation for substantial (30%-50%; lower half of the
range) recovery for lenders in the event of a payment default.

The company intends to use the proceeds from this offering,
together with borrowings under its domestic revolving credit
facility, to repurchase and/or redeem and retire its $600 million
of outstanding senior notes due 2017.

With revenue of about $2.4 billion in 2015, SPX FLOW manufactures
flow components, process equipment, and turn-key systems for the
food and beverage, power and energy, and industrial end markets.
The corporate credit rating on SPX FLOW is based on S&P's fair
assessment of the company's business risk profile and its
significant assessment of its financial risk profile.  S&P expects
that SPX FLOW's operating performance will remain weak in the near-
to intermediate-term and -- as a result -- anticipate that the
company's leverage metrics will continue to be stretched.

                         RECOVERY ANALYSIS

Key analytical factors

   -- The gross enterprise value of $1.075 billion is based on a
      run-rate EBITDA of $215 million and a valuation multiple of
      5x.

   -- S&P's simulated default scenario contemplates a default in
      2021 caused by a sustained macroeconomic downturn that hurts

      SPX FLOW's end markets, particularly the oil and gas and
      industrial end markets.  This would cause the company's
      revenue and operating income to decline and affect its
      ability to service its debt.

   -- S&P's recovery analysis assumes that in a hypothetical
      bankruptcy scenario, after satisfying any unpaid priority
      administrative expenses and secured claims, the unsecured
      lenders' recoveries would be at the lower end of the 30%-50%

      range.

   -- S&P has not assumed any draws under the $500 million foreign

      credit instrument facility for performance letters of credit

      or guarantees.

Simulated default assumptions
   -- Simulated year of default: 2021
   -- EBITDA at emergence: $215 million
   -- EBITDA multiple: 5x

Simplified waterfall
   -- Net enterprise value (after 5% admin. costs): $1.021 billion
   -- Valuation split (obligors/nonobligors): 35%/65%
   -- Priority claims: $60 million
   -- Value available to first-lien debt claims: $729.1 million
   -- Secured first-lien debt claims: $734.4 million
      -- Recovery expectations: Not applicable
   -- Total value available to unsecured claims: $232.3 million
   -- Senior unsecured debt/pari passu unsecured claims:
      $616.9 million/$101.4 million
      -- Recovery expectations: 30%-50% (lower half of the range)

RATINGS LIST

SPX FLOW Inc.
Corporate Credit Rating              BB/Negative/--

Ratings Assigned

SPX FLOW Inc.
Sr Unsecd Nts Due 2024               BB
  Recovery Rating                     4L
Sr Unsecd Nts Due 2026               BB
  Recovery Rating                     4L


STEREOTAXIS INC: Common Stock Begins Trading on OTCQX
-----------------------------------------------------
Stereotaxis, Inc., announced that its shares of common stock will
be eligible for trading on the OTCQX Best Market, effective with
the open of business on Aug. 4, 2016.

As the premium market for U.S. over-the-counter securities, OTCQX
offers transparent and efficient trading of established,
investor-focused U.S. and global companies.  To qualify for the
OTCQX market, companies must meet high financial standards, follow
best practice corporate governance, demonstrate compliance with
U.S. securities laws, be current in their disclosure, and be
sponsored by a professional third-party advisor.  The Company
expects that its shares will continue to trade on the OTCQX under
the Company's current symbol "STXS."

On Aug. 2, 2016, Stereotaxis received a letter from The NASDAQ
Stock Market LLC notifying the Company that, based upon the
Company's continued non-compliance with the market value of listed
securities requirement, which required that Stereotaxis evidence a
minimum market capitalization of $35 million, the Company's
securities would be delisted from NASDAQ effective with the open of
business on Aug. 4, 2016.

Stereotaxis will continue to file periodic and other required
reports with the Securities and Exchange Commission under
applicable federal securities laws.

                    About Stereotaxis

Based in St. Louis, Missouri, Stereotaxis, Inc., is a manufacturer
and developer of a suite of navigation systems in interventional
surgical procedures.  The Company's Epoch Solution is used in the
treatment of arrhythmias and coronary artery disease.

Stereotaxis reported a net loss of $7.35 million on $37.67 million
of total revenue for the year ended Dec. 31, 2015, compared to a
net loss of $5.20 million on $35.01 million of total revenue for
the year ended Dec. 31, 2014.

As of March 31, 2016, Stereotaxis had $15.2 million in total
assets, $34.8 million in total liabilities and a total
stockholders' deficit of $19.6 million.

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


STEVE MURPHY: Liquidating Plan to Pay Creditors in Full
-------------------------------------------------------
Steve and Celeste Murphy filed with the U.S. Bankruptcy Court for
the Northern District of Illinois a Chapter 11 plan of liquidation,
which proposes to pay their creditors in full.

Under the proposed plan, Class 1 administrative claims, Class 2
secured claims, Class 3 unsecured priority claims, and Class 4
unsecured non-priority claims will be paid in full within 14 days
of entry of a court order confirming the plan.

The creditors will be paid from the proceeds generated from the
sale of 23 of the minority interests owned by The Murphys, the
funds deposited in an account and the liquidation of their
remaining holdings.

The Murphys own a portfolio of real estate holdings and currently
hold cash in the amount of $10.8 million, of which $10 million was
generated from the sale.  The remaining $800,000 is being held in
an account.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/SteveMurphy_2DS07202016.pdf

                  About Steve and Celeste Murphy

Steve Murphy and Celeste Murphy filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ill. Case No. 13-80740) on March 7, 2013.
The case judge is the Hon. Thomas M. Lynch.  Michael J. Davis at
BKN Murray LLP serves as the Debtors' counsel.


STW RESOURCES: Meeting to Form Creditors' Panel Set for Aug. 11
---------------------------------------------------------------
William K. Harrington, United States Trustee for Region 6, will
hold an organizational meeting on Aug. 11, 2016, at 1:00 p.m. in
the bankruptcy cases of STW Resources Holding Corp.

The meeting will be held at:

         Office of the U. S. Trustee
         Earl Cabell Federal Building
         1100 Commerce Street, Room 976
         Dallas, Texas 75242

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee. Section 1103 of the
Bankruptcy Code provides that the Committee may consult with the
debtor, investigate the debtor and its business operations and
participate in the formulation of a plan of reorganization.  The
Committee may also perform other services as are in the interests
of the unsecured creditors whom it represents.





SUBASHINI DANIEL: Exit Plan to Pay Unsecured Creditors in Full
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of New York is
set to hold a hearing on August 23, at 10:30 a.m., to consider the
disclosure statement detailing the Chapter 11 plan of
reorganization of Subashini Daniel.

The hearing will take place at the Alexander Pirnie Federal
Building, Room 236, 10 Broad Street, Utica, New York.  Objections
must be filed no later than seven days prior to the hearing.

The Debtor on July 19 filed her restructuring plan, which proposes
to pay in full Class 8 general unsecured creditors with claims of
more than $1,500.

Class 8 creditors will be paid pro rata in 60 equal monthly
payments of $400 each commencing on the effective date of the plan,
and then equal monthly payments of $2,000 each commencing on the
61st month following the effective date of the plan.

The restructuring plan also proposes to pay in full Class 9 general
unsecured creditors with claims of $1,500 or less, and those who
hold more than $1,500 but willing to accept $1,500 as full payment.


Class 9 creditors will receive payments on the effective date of
the plan, according to the Debtor's disclosure statement.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/SubashiniDaniel_DS07192016.pdf

The Debtor is represented by:

     Richard L. Weisz, Esq.
     Hodgson Russ LLP
     677 Broadway
     Albany, NY 12207
     Email: Rweisz@hodgsonruss.com

                        About Subashini Daniel

Subashini R. Daniel sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 16-60376) on March 22,
2016.


SUSQUEHANNA AREA RAA: Fitch Affirms 'BB+' Rating on $148MM Bonds
----------------------------------------------------------------
Fitch Ratings has affirmed the Susquehanna Area Regional Airport
Authority's approximately $148 million senior airport revenue bonds
at 'BB+' and the authority's approximately $4.2 million subordinate
airport revenue bonds at 'BB+'.  The Rating Outlook on all bonds is
Stable.

                        RATING RATIONALE

The 'BB+' ratings reflects the authority's (SARAA) small
enplanement base with elevated exposures to air service
competition, a high debt load lending to above average airline
costs, and narrow overall coverage levels from airport cashflows. A
modest sized capital program without additional borrowing
requirements coupled with a new airline agreement with backstop
protections for full cost recovery are positive considerations. The
two liens are rated equally given the debt service payment
structure which, in Fitch's view, provides little differentiation
to both operation and cashflow risks.

                        KEY RATING DRIVERS

REVENUE RISK- VOLUME: WEAKER

SMALL ENPLANEMENT BASE WITH COMPETITION: Harrisburg International
Airport (MDT) serves primarily as an origination/destination (O&D)
airport of slightly below 600,000 enplanements serving the state's
capital region.  MDT's location draws passengers from a regional
air trade service area, anchored by economic support from state
government, corporations, and universities.  However, the traffic
base is still constrained by significant regional competition,
particularly from Baltimore-Washington International Airport,
Philadelphia International Airport, and Dulles International
Airport.

REVENUE RISK- PRICE: WEAKER
HIGH COST STRUCTURE: The recently implemented airline use
agreement, which runs through 2019, allows for the authority to
raise airline rates and charges as necessary to meet all costs.
However, given a high fixed cost profile, the current airline cost
per enplanement (CPE) is notably elevated for its airport size, at
over $15 per enplanement.  While overall airport costs are expected
to remain stable in the near term, airline charges could still be
exposed to even higher average levels under a scenario of any
future passenger contraction.

INFRASTRUCTURE DEVELOPMENT AND RENEWAL: STRONGER
MODERN FACILITY WITH LIMITED CAPITAL NEEDS: Updated facilities
allow the Authority to maintain an internally funded five-year
capital plan that totals approximately $62 million.  Funding is
expected to be sourced primarily from federal and state grants, and
no near-term debt is likely.  Some use of airport cash funds to
support the capital program could limit the authority's ability to
retain or expand its overall level of funds and reserves.

DEBT STRUCTURE: STRONGER (SR), MIDRANGE (SUB)
CONSERVATIVE DEBT STRUCTURE: All senior and subordinate lien bonds
are fixed rate, and aggregate annual debt service is flat through
2033.  The subordinate bonds reach final maturity in 2017 and debt
service on senior lien bonds subsequently rises in 2018 from $7.6
million to $12.4 million to maintain a stable but not declining
level of total debt service.

THIN COVERAGE AND HIGH LEVERAGE:
SARAA's overall coverage ratio, exclusive of the coverage account
and treating PFCs as revenues, was narrow in fiscal 2015 at 1.08x.
Traffic declines from the prior year, with its impacts to revenues
and costs, have led to lower coverage from fiscal 2014 (1.16x).
Still, SARAA's indenture approach coverage, at 1.24x for all debt,
met the rate covenant requirements (1.25x senior debt service,
1.10x subordinate).  The authority has a high debt burden and debt
per enplanement ($264) driven by prior capital spending and is also
currently highly leveraged at 10.9x total net debt to cashflow
available for debt service.  Unrestricted cash and operating
reserves provide only 60 days cash on hand but SARAA has additional
capital designated reserves as well as a bond coverage account for
additional liquidity support.

PEER ANALYSIS: Amongst its closest rating-level peers in the 'BBB'
category, such as Burlington ('BBB-'), Fresno ('BBB') and Pensacola
('BBB-'), the airport demonstrates higher leverage airline costs,
with narrower debt service coverage and liquidity.

Fact Tool: U.S. Airports

FACT Tool: U.S. Airports (Opens in an Excel worksheet)

                       RATING SENSITIVITIES

NEGATIVE: Measurable contraction or elevated volatility in
passenger traffic as a result of airline service changes or
competition from larger airports operating within the region.

NEGATIVE: Deterioration of the airport's non-aviation revenue that
pressures its CPE levels.

POSITIVE: Sustained improvement in the airport's traffic base which
generates higher operating revenue and stronger coverage levels may
lead to a higher rating.

                           CREDIT SUMMARY

SARAA's enplanement base at Harrisburg has a long-term history of
enplanement stability although traffic levels can exhibit elevated
volatility in individual years.  Fiscal 2015 traffic, at 590,262,
fell 9.1% as a result of Frontier's departure from the market
starting in April 2015.  These losses carried into the early months
of 2016 but overall traffic for the full year is expected to remain
almost unchanged due to new services from other carriers.  While
MDT's service area has a sizeable population base of nearly two
million to draw passenger, competition from larger airports in
Philadelphia and Baltimore limit the likelihood of steady traffic
growth.  MDT relies on a mix of national and low cost carriers,
with American Airlines as the leading carrier at 38% of enplaned
passengers.

SARAA executed a five-year airline agreement starting in 2015 which
includes an extraordinary coverage protection (ECP) from signatory
airlines if SARAA doesn't meet the required rate covenant levels,
which Fitch views as a mitigation to revenue volatility tied to
traffic performance.  The agreement also allows for some revenue
sharing based on surpluses and authority funding for capital.

In fiscal 2015, operating revenues increased 2.2% with higher
revenues derived from passenger and cargo carriers, offset by
increases in operating expenses by 3.9% despite the lower traffic
levels.  In turn, total debt service coverage did narrow in fiscal
2015, to 1.08x (treating PFCs as revenues and excluding the
coverage account balance) from 1.11x in fiscal 2014.  On an
indenture basis, the senior lien and total DSCR was 2.28x and
1.24x, respectively.

Supporting the coverage levels are the use of about $2.4 million in
PFC revenues.  To the extent traffic levels were to experience a
further downturn, Fitch believes it is likely the use of additional
airline payments would need to be called on to maintain rate
covenant compliance.  Airline costs are high even for a small
market airport, at $15.15 in 2015.  The high fixed-costs from the
airport's debt burden are a contributing factor.

Fitch calculated leverage from cashflow is about 10.9x and is
expected to remain elevated (around 10x) based on current cashflow
levels remaining flat due to the slow amortizing debt service
schedule.  The aggregate debt service schedule is flat, but the
subordinate lien debt service will mature after 2017 and senior
debt service will rise so that gross annual debt service remains at
a similar level of about $12 million.

Fitch's Base Case assumes flat enplanement growth and inflationary
cost escalation at 2.5% per year, while Fitch's Rating Case,
assumes a near-term enplanement shock totaling 10% but a more
moderate level of cost escalation (averaging 1.5% per year).  Base
case results indicate stable coverage levels near the 1.25x level
through FY2020 with airline CPE holding in the $15-$16 range.  The
Rating Case does require a higher airline share of costs and CPE
could increase further from $15 to $23.  Leverage in both cases
remains elevated at above 10x.

                             SECURITY

The senior bonds are secured by a first lien on airport net
revenues while the subordinate bonds have a second lien pledge on
airport net revenues.


TAYLOR-WHARTON: Unsecured Creditors May Get 2% to 3% Under Plan
---------------------------------------------------------------
General unsecured creditors of Taylor-Wharton International LLC and
Taylor-Wharton Cryogenics LLC may recover 2% to 3% of their claims,
according to the July 19, 2016 disclosure statement detailing their
Chapter 11 plan of liquidation.

Under the liquidating plan, Class 5 general unsecured creditors,
which hold a total of $56 million in claims, may receive 2% to 3%
of their claims.

The plan provides for the final liquidation of the companies'
assets and proposes for the substantive consolidation of their
estates on the effective date of the plan for the purpose of
allowance of claims and distributions.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/Taylor-Wharton_1DS07192016.pdf

                      About Taylor-Wharton

Taylor-Wharton International LLC and Taylor-Wharton Cryogenics LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Proposed Lead
Case No. 15-12075) on Oct. 7, 2015.  The petition was signed by
Thomas Doherty as chief restructuring officer.

Cryogenics is a leading designer, engineer and manufacturer of
cryogenic equipment designed to transport and store liquefied
atmospheric and hydrocarbon gases.  Cryogenics has a single United
States operation in Theodore, Alabama.  Cryogenics is the direct or
indirect parent of several foreign non-debtor subsidiaries which
have manufacturing operations in China, Malaysia, Slovakia, and
warehousing operations in Germany and Australia.

The Debtors have engaged Reed Smith LLP as general bankruptcy
counsel, Nixon Peabody LLP as special counsel, Argus Management
Corporation as interim management services provider, Stifel,
Nicolaus & Company, Incorporated and Miller Buckfire & Company LLC
as investment banker and Logan & Company, Inc., as noticing and
claims agent.  Argus Management Corporation is authorized to
provide interim management services, and designate Thomas Doherty
as chief restructuring officer.

Taylor-Wharton International LLC disclosed total assets of
$14,463,438 and total liabilities of $47,978,923.  O'Neal Steel
Inc. is listed as the largest unsecured creditor holding a trade
claim of $788,815.

Judge Brendan Linehan Shannon is assigned to the case.

The Office of the U.S. Trustee appointed the Committee pursuant to
Section 1102(a)(1) of the Bankruptcy Code.  The Committee is
comprised of three members: (a) Pension Benefit Guaranty
Corporation, (b) O'Neal Steel, Inc., and (c) Harsco Corporation. On
the same day, the Committee selected Lowenstein Sandler LLP and The
Rosner Law Group LLC to serve as its co-counsel and EisnerAmper LLP
to serve as its financial advisor in the Chapter 11 Cases.


THERAPEUTICSMD INC: Incurs $21.1 Million Net Loss in 2nd Quarter
----------------------------------------------------------------
TherapeuticsMD, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $21.1 million on $4.40 million of net revenues for the three
months ended June 30, 2016, compared to a net loss of $27.2 million
on $4.84 million of net revenues for the three months ended June
30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $42.0 million on $9.33 million of net revenues compared to
a net loss of $48.1 million on $9.32 million of net revenues for
the same period last year.

As of June 30, 2016, TherapeuticsMD had $176.58 million in total
assets, $9.33 million in total liabilities and $167.24 million in
total stockholders' equity.

"We believe that our existing cash will allow us to fund our
operating plan through at least the next 12 months.  If our
available cash is insufficient to satisfy our liquidity
requirements, we may seek to sell additional equity or debt
securities or obtain a credit facility.  Debt financing, if
available, may involve agreements that include covenants limiting
or restricting our ability to take specific actions, such as
incurring additional debt, making capital expenditures, or
declaring dividends.  To the extent that we raise additional
capital through the sale of equity or convertible debt securities,
the ownership interests of our existing shareholders will be
diluted, and the terms of these new securities may include
liquidation or other preferences that adversely affect the rights
of our existing shareholders.  If we raise additional funds through
collaborations, strategic alliances, or licensing arrangements with
third parties, we may have to relinquish valuable rights to our
technologies, future revenue streams, research programs, or
proposed products.  Additionally, we may have to grant licenses on
terms that may not be favorable to us," the Company stated in the
report.

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

                       https://is.gd/k8m53R

                       About TherapeuticsMD

Boca Raton, Florida-based TherapeuticsMD, Inc. (OTC QB: TXMD) is a
women's healthcare product company focused on creating and
commercializing products targeted exclusively for women.  The
Company currently manufactures and distributes branded and generic
prescription prenatal vitamins as well as over-the-counter
vitamins and cosmetics.  The Company is currently focused on
conducting the clinical trials necessary for regulatory approval
and commercialization of advanced hormone therapy pharmaceutical
products designed to alleviate the symptoms of and reduce the
health risks resulting from menopause-related hormone
deficiencies.

For the year ended Dec. 31, 2015, the Company reported a net loss
of $85.07 million on $20.1 million of net revenues compared to a
net loss of $54.2 million on $15.0 million of net revenues for the
year ended Dec. 31, 2014.


TIAT CORPORATION: Plan Sets Aside $168K for Unsecured Creditors
---------------------------------------------------------------
TIAT Corporation filed with the U.S. Bankruptcy Court for the
District of Kansas a Chapter 11 plan that will set aside $168,000
to pay unsecured creditors.

The plan, which provides for the reorganization of the company,
proposes to pay Class 6 unsecured creditors a total of $168,000 at
the rate of $2,000 per month for seven years.  The payment will
commence 90 days from the effective date of the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/TIATCorp_DS07142016.pdf

                     About TIAT Corporation

TIAT Corporation dba The Inn at Tallgrass --
http://www.theinnattallgrass.com/-- is located in Wichita, Kan.  
The hotel owner filed a chapter 11 petition (Bank. D. Kan. Case No.
16-10764) on Apr. 29, 2016, and is represented by Mark J Lazzo,
Esq., in Wichita.  At the time of the filing, the Debtor disclosed
$2.25 million in assets and debts totalling $6.46 million.


TIVO INC: Egan-Jones Gives BB+ Sr. Unsecured Ratings
----------------------------------------------------
Egan-Jones Ratings Company assigned BB+ senior unsecured ratings on
debt issued by TiVo Inc on July 19, 2016.

TiVo Inc. provides a subscription-based service enabled by a
personal video recorder. The Company's service allows viewers to
locate and record multiple shows, control live television, choose
viewing preferences, and access their customized lineup of shows.


TOTAL SLEEP MANAGEMENT: Disclosure Statement Hearing on Sept. 8
---------------------------------------------------------------
After Total Sleep Management, Inc., filed a proposed Disclosure
Statement, Judge Cynthia C. Jackson ruled that an evidentiary
hearing will be held on September 8, 2016 at 2:45 p.m. in Courtroom
6D, 6th Floor, George C. Young Courthouse, 400 West Washington
Street, Orlando, Florida, to consider and rule on the Disclosure
Statement and any objections or modifications and to consider any
other matter that may properly come before the Court.

All creditors and parties in interest that assert a claim against
the Debtor which arose after the filing of the case, including all
attorneys, accountants, auctioneers, appraisers, and other
professionals for compensation from the estate of the debtor
pursuant to 11 U.S.C. Sec. 330, must file applications for the
allowance of such claims with the Court no later than 14 days after
the Court enters an order approving the Disclosure Statement (the
"Administrative Claims Bar Date").

Total Sleep Management, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 16-00366) on Jan. 19, 2016.  The Debtor is
represented by Taylor J King, Esq., at Law Offices Of Mickler &
Mickler.



TRAVELPORT WORLDWIDE: Incurs $14.8M Net Loss in Second Quarter
--------------------------------------------------------------
Travelport Worldwide Limited filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to the Company of $14.8 million on $606 million of net
revenue for the three months ended June 30, 2016, compared to net
income attributable to the Company of $15.3 million on $554 million
of net revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $1.75 million on $1.21
billion of net revenue compared to net income attributable to the
Company of $7.18 million on $1.12 billion of net revenue for the
same period last year.

As of June 30, 2016, Travelport had $2.90 billion in total assets,
$3.22 billion in total liabilities, and a total deficit of $324
million.

Gordon Wilson, President and CEO of Travelport, commented:
"Travelport's performance this quarter was strong in both revenue
and Adjusted EBITDA, which was up 9% year over year, before the
impact of a full provision we have made relating to a long term
contract with a travel agency.  We continue to benefit from recent
customer implementations and product innovations, driving revenue
growth across our platform and in International regions where
growth was 15%.  We are excited about new business agreed with
major travel agencies in key regions such as Expedia (Europe),
Yatra.com (India), Travix (global) and Almundo.com (Latin America)
which will support future growth.

"Within our Beyond Air portfolio, our BtoB payments business,
eNett, delivered yet another excellent quarter with net revenue up
85%, driven by recent customer implementations as well as strong
transaction growth at existing customers, particularly global OTAs.
Assuming the continuation of current trends we anticipate eNett's
full year net revenue to be in the range of $145-$155 million - up
58%-68% year over year.

"Based on our performance to date, our known customer wins and
despite the setback of the provision we have made, we're pleased to
reiterate our full year net revenue and Adjusted EBITDA guidance,
in what is a more challenging economic and travel environment.  In
addition, following the successful repricing of our term loans, we
are raising our expectations for full year Adjusted Net Income and
Adjusted Free Cash Flow."

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

                     https://is.gd/cPECXE

                  About Travelport Worldwide

Travelport Worldwide Limited is a travel commerce platform
providing distribution, technology, payment and other solutions for
the global travel and tourism industry.

                        *     *     *

As reported by the TCR on March 8, 2016, Standard & Poor's Ratings
Services raised to 'B+' from 'B' its long-term corporate credit
rating on U.K.-based travel services provider Travelport Worldwide
Ltd.  The outlook is stable.


TRIANGLE USA: Plan Support Agreement With Noteholders Denied
------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order denying Triangle USA Petroleum (TUSA)'s motion for entry
of an order authorizing the Debtors' assumption of a plan support
agreement (PSA) between the Debtors and participating noteholders
and payment of certain transaction expenses in accordance with the
terms of the PSA. The denial order provides no explanation. As
previously reported, "Under the plan of reorganization contemplated
by the PSA, the Debtors will substantially deleverage their balance
sheets by, among other things, (a) paying their existing RBL Credit
Facility in full and entering into a new reserve-based credit
facility upon emergence and (b) exchanging the TUSA Notes for
common stock of reorganized TUSA, subject to dilution from other
general unsecured claims and a management incentive plan. The PSA
also contemplates a new money rights offering offered ratably to
the holders of the TUSA Notes and backstopped by certain
Participating Noteholders. Because reorganized TUSA's liquidity
needs will depend on various factors that cannot be forecasted at
present, the amount of the New Money Rights Offering will be
determined later; however, the Debtors and the Participating
Noteholders preliminarily contemplate a rights offering of
approximately $100 million."

                        About Triangle USA

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Lead Case No. 16-11566) on June 29, 2016.  The
cases are pending before the Honorable Mary F. Walrath.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as financial advisor, PJT Partners
Inc. as investment banker and Prime Clerk LLC as claims & noticing
agent.

In its petition, TUSA estimated assets in the range of $500
million to $1 billion and liabilities of up to $1 billion.


TRITON INT'L: S&P Assigns 'BB+' Corp. Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' corporate credit
rating to Purchase, N.Y.-based marine cargo container lessor Triton
International Ltd. (TIL).  The outlook is stable.

S&P also affirmed its 'BB+' corporate credit rating on its
subsidiary Triton Container International Ltd. (TCIL) and
subsequently withdrew the rating because S&P will now be assessing
the consolidated credit quality of TIL.  At the same time, S&P
affirmed S&P's 'BBB' issue-level rating on TCIL's secured debt.  In
addition, S&P assigned its 'BBB-' issue-level rating to TIL
subsidiary TAL International Group Inc.'s (TAL) $153 million 5.41%
notes due 2024.  The recovery rating on TCIL's debt is '1',
reflecting S&P's expectation of very high (90%-100%) recovery in
the event of a default.  The recovery rating on TAL's debt is '2',
reflecting S&P's expectation of substantial (70%-90%; lower end of
the range) in the event of default.

"The stable outlook on Triton International Ltd. reflects our
expectation that, pro forma for the merger of Triton Container
International Ltd. and TAL International Group Inc., the combined
entity will maintain a similar credit profile to that of TCIL,
despite weaker earnings due to pressure on its lease rates, lower
gains on equipment sales, and expected share repurchases," said S&P
Global Ratings credit analyst Betsy Snyder.

While S&P does not expect to lower its ratings on TIL over the next
year, S&P could do so if there is a substantial change in its
financial profile due to weaker-than-expected earnings or
incremental debt leverage, caused by greater-than-expected share
repurchases.  These events would have to cause TIL's FFO-to-debt
ratio to decline to 10% or its debt-to-capital ratio to increase to
over 80% for a sustained period for us to lower the rating.

Although also unlikely, S&P could raise its rating on TIL over the
next year if its revenues and earnings growth exceeded S&P's
expectations, or if the company used free cash for debt reduction,
leading its FFO-to-debt ratio to approach the mid-teens percent
area and its debt-to-capital ratio to decline below 75%.


TRUSLOW LLC: Hires Sherif Abdalla as Real Estate Agent
------------------------------------------------------
Truslow, LLC, seeks authority from the U.S. Bankruptcy Court for
the Eastern District of Virginia to employ Sherif Abdalla and TTR
Sotheby's International Realty as real estate agent to the Debtor.

Truslow, LLC requires Sherif Abdalla to represent Debtor in
connection with the sale of real estate in McLean VA.

Sherif Abdalla will be paid 6% commission, that may be shared with
a buyer's or procuring agent, and a $250 administrative fee.

Sheriff Abdalla, real estate agent with TTR Sotheby's International
Realty, 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.

Sherif Abdalla can be reached at:

     Sheriff Abdalla
     TTR SOTHEBY'S INTERNATIONAL REALTY
     6723 Whittier Ave., Suite 101
     McLean, VA 22101
     Tel: (703) 319-3344

                     About Truslow, LLC

Truslow, LLC, based in Mc Lean, VA, filed a Chapter 11 petition
(Bankr. E.D. Va. Case No. 16-10469) on February 11, 2016.  The Hon.
Brian F. Kenney presides over the case. Daniel M. Press, Esq., at
Chung & Press, P.C., as bankruptcy counsel.

In its petition, the Debtor listed $1.61 million in assets and
$800,000 in liabilities. The petition was signed by Brigman Owens,
managing member.


TTM TECHNOLOGIES: Egan-Jones Assigns B Sr. Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company assigned B senior unsecured ratings on
debt issued by TTM Technologies Inc on July 19, 2016.

TTM Technologies, Inc. is a manufacturer of printed circuit board
(PCB) products and is focused on technologically advanced PCBs and
electro-mechanical solutions (E-M Solutions).



VANTAGE DRILLING: Moody's Assigns Caa3 CFR & Rates 1st Lien Loan B2
-------------------------------------------------------------------
Moody's Investors Service assigned new ratings to Vantage Drilling
International (Vantage), including a Caa3 Corporate Family Rating
(CFR), a Caa2-PD Probability of Default Rating (PDR) and a B2
rating to the 1st lien term loan that is secured by all of the
company's assets. Moody's also assigned a Speculative Grade
Liquidity (SGL) rating of SGL-3. The outlook is negative.

Vantage entered bankruptcy in December 2015 and emerged effective
February 10, 2016. The reorganization plan resulted in Vantage's
new capital structure including (i) $32 million revolving letter of
credit facility (LC facility), (ii) $143 million Term Loan facility
(both (i) and (ii) maturing in December 2019 and governed by Second
Amended and Restated Credit Agreement), (iii) $76.1 million of 10%
senior secured second lien notes (2nd lien notes) maturing in
December 2020 and (iv) $750 million of 1%/12% step-up senior
secured third lien convertible notes maturing in December 2030. The
bankruptcy process reduces Vantage's debt by approximately $2
billion.

"Vantage's Caa3 CFR reflects the company's unsustainably high
leverage while taking into account its reduced debt level
post-bankruptcy. Moody's expects Vantage to continue to generate
negative EBITDA through 2017 and use the balance sheet cash to
service its debt" commented Sreedhar Kona, Moody's Senior Analyst.
"The negative outlook is driven by the challenging offshore market
and the high re-contracting risk for Vantage's idle rigs."

Ratings Assigned

-- Issuer: Vantage Drilling International

-- Corporate Family Rating, assigned Caa3

-- Probability of Default Rating, assigned Caa2-PD

-- Senior Secured 1st Lien Term Loan Rating, assigned B2 (LGD2)

-- Speculative Grade Liquidity rating, assigned SGL-3

-- Outlook, assigned Negative

RATINGS RATIONALE

The Caa3 CFR for Vantage reflects the company's still unsustainably
high financial leverage despite the debt reduction achieved in its
reorganization, its small scale with four jackups and three
drillships, and high re-contracting risk with only two of the
company's seven rigs currently under contract in the second half of
2016. The offshore rig market is under intense pressure because of
oversupply of rigs and the steep downturn in commodity prices.
Moody's expects the utilization rates and the day rates for these
rigs to continue to remain depressed for a prolonged period,
challenging Vantage's ability to re-contract its unutilized rigs.
Moody's expects that Vantage will continue to generate negative
EBITDA through 2017 and will be servicing its debt by using the
cash on the balance sheet of approximately $250 million as of first
quarter 2016.

The negative outlook reflects the challenging offshore drilling
market and anticipated negative free cash flow, and also the risks
pursuant to the U.S. Department of Justice (DOJ) and the U.S.
Securities and Exchange Commission ("SEC") investigations in
relation to Vantage's alleged violations of the U.S. Foreign
Corrupt Practices Act ("FCPA"). If Vantage becomes subject to any
judgment, decree, order government penalty or fine, it may
constitute an event of default under the terms of the secured debt
agreements and may result in the outstanding debt becoming
immediately due and payable.

Moody's said, ???The senior secured 1st lien term loan is rated B2,
four notches higher than the Caa3 CFR in accordance with Moody's
Loss Given Default (LGD) Methodology, reflecting the priority claim
of the 1st lien term loan on all of the company's assets and the
significant amount of second and third lien debt of $76 million and
$750 million respectively outstanding below the 1st lien debt.
Given the significant oversupply of rigs and weak industry outlook,
Moody's believes that the overall recovery for the company's debt
will be relatively low, and therefore a 35% recovery rate was used
in our LGD analysis along with a Caa2-PD PDR. The PDR incorporates
Vantage's large cash balance that should cover anticipated negative
free cash flow through at least the end of 2017.???

Vantage's SGL-3 rating indicates adequate liquidity through the end
of 2017. The rating is supported by the company's large cash
balance of approximately $250 million as of March 31, 2016. Capital
expenditures, mainly to cover maintenance expenses on the warm
stacked fleet, are projected to be approximately $7 million through
the end of 2017. Scheduled principal debt maturities and interest
payments are expected to be approximately $37 million through 2017.
As of March 31, 2016, the company had $29.4 million availability
for the issuance of letters of credit under its revolving credit
facility due in December 2019. The 1st lien credit facility
requires Vantage to maintain a minimum of $75 million of cash
available. Moody's projects the company will comply with the
covenant through the end of 2017. Alternate liquidity is limited as
the assets are secured by the credit facility and any rigs sold
would likely be at distressed valuations.

Vantage's ratings could be downgraded if the cash is consumed at a
greater rate than anticipated eroding the covenant cushion, or if
the DOJ and SEC investigations result in an adverse judgment.

Ratings are unlikely to be upgraded in the near term. However, if
Vantage is able re-contract its idle rigs at dayrates that result
in sufficient EBITDA to improve the interest coverage ratio towards
1.5x while maintaining adequate liquidity, Moody's will consider a
rating upgrade.

Vantage Drilling International is an international offshore
drilling company headquartered in the Cayman Islands. The company
is focused on operating a fleet of modern, high specification
drilling units. Through its fleet of drilling units, Vantage
provides offshore drilling contract services to major, national and
independent oil and natural gas companies, focused primarily in
international markets. The company was previously known as Offshore
Group Investment Limited (OGIL) and changed its corporate name to
Vantage Drilling International effective February 11, 2016.


VERDE PORTAL: Files Plan to Exit Chapter 11 Protection
------------------------------------------------------
The Verde Portal LLC filed with the U.S. Bankruptcy Court for the
District of Arizona its proposed plan to exit Chapter 11
protection.

Under the plan, the undersecured portion of the loan issued by
Hamleg Enterprises LLC to the company is classified in Class 5,
which is impaired.

Hamleg has filed a claim in the amount of $210,000.  The claim,
however, could be bifurcated into a general unsecured claim since
it exceeds the available equity in Verde Portal's single asset
valued at $135,000.

After deducting for the first mortgage held by Paul Hawk of
$130,011, and Hamleg's secured claim of $4,998, the latter has a
general unsecured claim ranging from $65,001 to $205 001, according
to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/VerdePortal_DS07192016.pdf

Verde Portal is represented by:

     Scott M. Forrester, Esq.
     Forrester Law Practice, PLC
     320 E. Virginia Ave
     Phoenix, Arizona 85004
     (602) 889-5778 Office
     (602) 257-5014 Fax
     (602) 400-5436 Mobile
     Email: Scott@forresterlawpractice.com
  
                     About The Verde Portal

The Verde Portal LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No.: 15-04762) on April 23,
2015.


VEROS ENERGY: Unsecureds to Recoup 50% Under Plan
-------------------------------------------------
Veros Energy, LLC, filed with the U.S. Bankruptcy Court for the
Northern District of Alabama a second amended Disclosure Statement
describing the Debtor's proposed liquidating plan.

The Plan groups General unsecured claims in two classes:

     Class 2: General Unsecured Creditors Not Including AAE
              and LE (Allam Alternative Energy, LLC, and Lies
              Energy, LLC)

     Class 3: General Unsecured Creditors Including AAE and LE.

Under the Plan, the Debtor will pay each Class 2 claim 50% of the
principal amount of the allowed amount of each Class 2 claim
without interest, in full satisfaction of each Class 2 creditor's
claim.  Class 2 claims are impaired.

Any funds remaining after payment of the 50% distribution of all
Class 2 claims will be paid to satisfy allowed Class 3 claims, by
paying a pro rata percentage of the remaining principal amount of
each Class 3 claim without interest from the remaining funds
available in full satisfaction of each Class 3 creditor's claim.
Class 3 claims are impaired.

The allowed claims of all priority unsecured creditors will be paid
in full.  The Debtor has no secured creditors, as previously
reported, and all unsecured creditors shall receive payment of at
least 50% of their allowed claims without interest, excluding the
unsecured claim of AAE and LE, which will recover only after the
distribution of the 50% payment to the non-AAE and non-LE unsecured
creditors.  AAE and LE will not recover as equity holders in this
case unless and until all other claims are paid in full.

The Plan provides that all allowed administrative expense claims
for professional fees and expenses will be paid in full.

The Second Amended Disclosure Statement is available at:

            http://bankrupt.com/misc/alnb15-70470-441.pdf

The Plan was filed by the Debtor's counsel:

     Richard M. Gaal, Esq.
     MCDOWELL KNIGHT ROEDDER & SLEDGE, LLC
     11 North Water Street, Suite 13290
     (36602) P.O. Box 350
     Mobile, Alabama 36601
     Tel: (251) 432-5300
     Fax: (251) 432-5303  
     E-mail: rgaal@mcdowellknight.com

The Creditors Committee is represented by:

     Kristofor D Sodergren, Esq.
     Rosen Harwood, PA
     2200 Jack Warner Parkway, Suite 200
     Post Office Box 2727
     Tuscaloosa, AL 35403-2727
     E-mail: ksodergren@rosenharwood.com

The Bankruptcy Administrator is represented by:

     Robert J. Landry
     Assistant U.S. Bankruptcy Administrator
     1129 Noble Street
     Anniston, AL 36201
     E-mail: robert_landry@alnba.uscourts.gov

Veros Energy, LLC, is a limited liability company organized and
existing under the laws of the State of Kansas, and its principal
place of business was historically located in Moundville, Alabama.
Fifty percent of the Debtor's membership units are owned by Allam
Alternative Energy, LLC, and the other 50% of the Debtor's
membership units are owned by Lies Energy, LLC.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ala. Case No. 15-70470) on April 6, 2015.


VINOD GOPAL PATEL: Exit Plan Proposes to Pay Claims in Full
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida is
set to hold a hearing on August 24, at 1:30 p.m., to consider the
disclosure statement detailing the Chapter 11 plan of
reorganization proposed by Vinod Gopal Patel.

All claims, to the extent that any objections to the claims are not
sustained, will be paid in full, and thus the Debtor believes that
classification of claims is unnecessary, according to court
filings.

The Debtor manages a hotel and believes that the current operations
can support his salary and a disposable income that will fund the
payments under the proposed plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/VinodGopalPatel_DS07142016.pdf

Vinod Gopal Patel sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-13703) on March 16,
2016.  The case is assigned to Judge Erik P. Kimball.


VIVARO CORP: To Create Liquidating Trust for Unsecured Creditors
----------------------------------------------------------------
A U.S. bankruptcy judge will consider approval of the Chapter 11
plan of reorganization of Vivaro Corp. and its affiliates at a
hearing on September 13.

Judge Martin Glenn will hold the hearing at 10:00 a.m. (Eastern
Standard Time) at the U.S. Bankruptcy Court, One Bowling Green, New
York.

The bankruptcy judge will also consider at the hearing the approval
of Vivaro's disclosure statement detailing its proposed plan.

Vivaro Corp. on July 20 filed with the U.S. Bankruptcy Court for
the Southern District of New York a restructuring plan, which
proposes to create a liquidating trust to make payments to Class 3
general unsecured creditors.

A liquidating trustee will distribute to each general unsecured
creditor the pro rata share of the remaining cash on hand from the
trust assets following the liquidation or abandonment of all
non-cash trust assets.

Vivaro and its affiliates hold as much as $6.27 million in their
bank account, which will be used to fund the payments on the
effective date of the plan.  In addition, the companies have
various pending litigations seeking the avoidance and return of
preferential transfers.

A copy of the disclosure statement and related documents is
available for free at:

    http://bankrupt.com/misc/VivaroCorp_DS07202016.pdf
    http://bankrupt.com/misc/VivaroCorp_LiqAnalysis.pdf

                        About Vivaro Corp.

Vivaro Corp., which specializes in the sale of international
calling cards in the U.S., filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 12-13810) on Sept. 5, 2012, together with six
other related companies, including Kare Distribution Inc.  The
Debtor is represented by Frederick E. Schmidt, Esq., at Hanh V.
Huynh, Esq., at Herrick, Feinstein LLP.  Garden City Group Inc. is
the claims and notice agent.

A five-member official committee of unsecured creditors has been
appointed in the case.  The Creditors Committee is represented by:

     George P. Angelich, Esq.
     George V. Utlik, Esq.
     ARENT FOX LLP
     1675 Broadway
     New York, NY 10019
     Tel: (212) 484-3900

The Debtors' CRO is represented by:

     Phil Gund, Esq.
     MAROTTA GUND BUDD & DZERA, LLC
     The Lincoln Building
     60 E. 42 Street, 50th Floor
     New York, NY 10165
     Tel: (212) 818-1555

By Order dated January 31, 2013, the Court approved the sale of
substantially all of the Debtors' assets to Next Angel, LLC, n/k/a
Angel Americas, LLC.  The sale closed on February 8, 2013 and
divested the Debtors' Estates of their prepetition businesses.


VOWS & VEILS: Hires Jones & Walden as Counsel
---------------------------------------------
Vows & Veils, Inc. d/b/a White Garden Design Group, seeks authority
from the U.S. Bankruptcy Court for the Northern District of Georgia
to employ Jones & Walden, LLC as counsel to the Debtor.

Vows & Veils requires Jones & Walden to:

   a. prepare pleadings and applications;

   b. conduct of examination;

   c. advise the Debtor of its rights, duties and obligations as a

      debtor-in-possession;

   d. consult with the Debtor and represent Debtor with respect to
      a Chapter 11 plan;

   e. perform those legal services incidental and necessary to
      the day-to-day operations of the Debtor's business,
      including, but not limited to, institution and prosecution
      of necessary legal proceedings, and general business legal
      advice and assistance;

   f. take any and all other action incident to the proper
      preservation and administration of the Debtor's estate and
      business.

Jones & Walden will be paid at these hourly rates:

     Attorneys                $200-$350
     Legal Assistants         $90

Jones & Walden will be paid a retainer in the amount of $23,517.50,
inclusive of filing fee.

Jones & Walden will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Cameron M. McCord, partner in the law firm of Jones & Walden, 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.

Jones & Walden can be reached at:

     Cameron M. McCord, Esq.
     JONES & WALDEN, LLC
     21 Eighth Street, NE
     Atlanta, GA 30309
     Tel: (564) 9300
     E-mail: cmccord@joneswalden.com

                     About Vows & Veils

Vows & Veils, Inc., based in Atlanta, GA, filed a Chapter 11
petition (Bankr. N.D. Ga. Case No. 16-62919) on July 27, 2016.
Cameron M. McCord, Esq., at Jones & Walden, LLC, as bankruptcy
counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million liabilities. The petition was signed by
Yukie Suzuki, manager.


WARNER MUSIC: Incurs $9 Million Net Loss in Third Quarter
---------------------------------------------------------
Warner Music Group Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to the Company of $9 million on $811 million of
revenue for the three months ended June 30, 2016, compared to a net
loss attributable to the Company of $44 million on $710 million of
revenue for the three months ended June 30, 2015.

For the nine months ended June 30, 2016, the Company reported net
income attributable to the Company of $29 million on $2.40 billion
of revenue compared to a net loss attributable to the Company of
$68 million on $2.21 billion of revenue for the same period last
year.

As of June 30, 2016, Warner Music had $5.49 billion in total
assets, $5.26 billion in total liabilities and $232 million in
total equity.

At June 30, 2016, the Company had $2.908 billion of debt, $345
million of cash and equivalents (net debt of $2.563 billion,
defined as total long-term debt, including the current portion,
less cash and equivalents) and $218 million of Warner Music Group
Corp. equity.  This compares to $2.994 billion of debt, $246
million of cash and equivalents (net debt of $2.748 billion) and
$221 million of Warner Music Group Corp. equity at Sept. 30, 2015.

"Five years after Access Industries' acquisition of Warner Music
Group, the company is growing revenue, OIBDA and market share,"
said Stephen Cooper, Warner Music Group's CEO.  "Our results
underscore this momentum, driven by exceptional music from our
artists and songwriters, our expanded global reach and strong
leadership from our team around the world.  With our recorded music
streaming revenue now approaching double the size of our download
revenue, and still growing fast, we are on course for another
excellent year."

"Our cash flow has been strong," added Eric Levin, Warner Music
Group's executive vice president and CFO.  "As a result, we have
continued to make strides optimizing our capital structure, paying
down $175 million in debt so far this year and successfully
refinancing a portion of our term loan."

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

                      https://is.gd/FT5NgV

                     About Warner Music Group

Based in New York, Warner Music Group Corp. (NYSE: WMG)
-- http://www.wmg.com/-- was formed by a private equity
consortium of investors on Nov. 21, 2003.  The Company is the
direct parent of WMG Holdings Corp., which is the direct parent of
WMG Acquisition Corp.  WMG Acquisition Corp. is one of the world's
major music-based content companies and the successor to
substantially all of the interests of the recorded music and music
publishing businesses of Time Warner Inc.

In May 2011, Warner Music Group Corp. and Access Industries, the
U.S.-based industrial group, announced the execution of a
definitive merger agreement under which Access Industries will
acquire WMG in an all-cash transaction valued at $3.3 billion.
The purchase includes WMG's entire recorded music and music
publishing businesses.

Warner Music reported a net loss attributable to the Company of $91
million on $2.96 billion of revenues for the fiscal year ended
Sept. 30, 2015, compared to a net loss attributable to the Company
of $308 million on $3.02 billion of revenues for the fiscal year
ended Sept. 30, 2014.

                           *     *     *

As reported by the TCR on Oct. 23, 2015, Standard & Poor's Ratings
Services lowered its corporate credit rating on Warner Music Group
to 'B' from 'B+'.  "The downgrades reflect our expectations that
WMG's adjusted leverage will remain elevated for the next two years
-- above our 5x threshold for the 'B+' corporate credit rating,"
said Standard & Poor's credit analyst Naveen Sarma.


WARREN RESOURCES: Plan Confirmation Hearing Slated for September 14
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas will
hold a hearing on Sept. 14, 2016, at 10:00 a.m. (Central Time)
before the Hon. Marvin Isgur, in Courtroom 404, 4th Floor, 515 Rusk
Avenue, Houston, Texas, to confirm the Chapter 11 plan of
reorganization of Warren Resources Inc. and its debtor-affiliates.
Objections to the confirmation of the Debtors' plan, if any, must
be filed no later than 4:00 p.m. (Central Time) on Sept. 7, 2016.

On July 25, 2016, the Court approved the adequacy of the Debtors'
disclosure statement explaining their plan.

As reported by the Troubled Company Reporter on Aug. 3, 2016, the
Debtors filed a plan that's based on a settlement with first lien
lenders owed $248 million that would provide for distributions to
second lien lenders and general unsecured creditors.  Unsecured
creditors are estimated to have a 2.78% recovery under the Plan.

Without the restructuring provided for in the Plan, the Debtors
said they would not have sufficient liquidity to maintain their
business as a going concern.  The Plan would reduce their $486.3
million of indebtedness by converting the claims of the first lien
lenders, second lien lenders and holders of senior notes into
equity in the Reorganized Debtors and (in the case of the first
lien lenders) the new first lien facility.

A copy of the Disclosure Statement accompanying the Plan of
Reorganization dated July 18, 2016, is available at:

     http://bankrupt.com/misc/Warren_Resources_217_DS.pdf

                  About Warren Resources, Inc.

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. 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.

An official committee of unsecured creditors has not yet been
appointed in these cases by the Office of the United States
Trustee.


WAYNE EARL DAHL: Files Plan to Exit Chapter 11 Protection
---------------------------------------------------------
Wayne Earl Dahl filed with the U.S. Bankruptcy Court for the
Northern District of Florida his proposed plan to exit Chapter 11
protection.

Under the restructuring plan, Class 21 general unsecured creditors
with claims of less than $2,000, will be paid in full within 30
days after the effective date of the plan.

Class 22 general unsecured creditors, which hold claims of more
than $2,000 that are not personally guaranteed, will be paid
according to the Debtor's proposed payment schedules.     

Payments under the plan will be funded from operations of the
Debtor and income from Stand-up Multi-positional Advantage MRI, PA
stockholder distributions, according to the disclosure statement
detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/WayneEarlDahl_2DS07202016.pdf

The Debtor is represented by:

     Charles M. Wynn, Esq.
     Charles M. Wynn Law Offices P.A.
     P.O. Box 146
     Marianna, FL 32447-0146
     Phone: 850-526-3520

                      About Wayne Earl Dahl

Wayne Earl Dahl sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Fla. Case No. 15-50144) on April 22,
2015.  The Debtor is represented by Charles M. Wynn, Esq., at
Charles M. Wynn Law Offices P.A.


WENDY ROBERTS: Patient Care Ombudsman Files 19th Report
-------------------------------------------------------
Constance Doyle, as the Patient Care Ombudsman for Wendy Roberts,
M.D., has filed a Nineteenth Interim Report for the period of April
2016 to May 31 2016.

The PCO continues to find that all care provided to the patients
provided by Dr. Roberts at Rancho Mirage, California, is well
within the standard of care. The Facility is a Dermatology
Specialty Center that began with the Debtor in 1994.

The Ombudsman observed stability on April 2016 with a full
schedule, stable staff and continued improvement in services. On
May 2016, the PCO notes that a less physician-patient interaction
occurred due to the presence of Vanquish ME Laser in the market, a
laser product approved by the FDA for fat reduction. Dr. Roberts
has been approached to become a spokesperson/user of this device.
In both months, no issues are identified.   

The bankruptcy case is Wendy Roberts, Case No. 6:13-bk-14794-WJ
(Bankr. C.D. Calif.).


WENDY ROBERTS: Patient Care Ombudsman Files 20th Report
-------------------------------------------------------
Constance Doyle, as the Patient Care Ombudsman for Wendy Roberts,
M.D., has filed the Twentieth Interim Report for the period of June
1, 2016 to July 31, 2016.

The PCO continues to find that all care provided to the patients
provided by Dr. Roberts at Rancho Mirage, CA is well within the
standard of care. The Facility is a Dermatology Specialty Center
that began with the Debtor in 1994.

The Ombudsman reported that on June 2016, Dr. Roberts received a
Certificate of Appreciation from the California State Board of
Equalization, "In Honor of" Excellence in Business. Moreover, PCO
added that June schedule is full while that of July is looking
good. PCO observed that the decrease of appointments on July is
possibly caused by the extreme heat and a very heavy humidity. No
issues were identified for both months of June and July.

The bankruptcy case is Wendy Roberts, Case No. 6:13-bk-14794-WJ
(Bankr. C.D. Calif.).


WEST CORP: Reports $33 Million Net Income in Second Quarter
-----------------------------------------------------------
West Corporation filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing net income of $33.0
million on $582 million of revenue for the three months ended June
30, 2016, compared to net income of $49.6 million on $572 million
of revenue for the same period last year.

For the six months ended June 30, 2016, the Company reported net
income of $77.5 million on $1.15 billion of revenue compared to net
income of $130 million on $1.13 billion of revenue for the six
months ended June 30, 2015.

As of June 30, 2016, West Corp had $3.54 billion in total assets,
$4.06 billion in total liabilities and $522 million in total
stockholders' deficit.

"We have historically financed our operations and capital
expenditures primarily through cash flows from operations
supplemented by borrowings under our senior secured credit
facilities, revolving credit facilities and asset securitization
facilities.  In March 2015, we filed a registration statement with
the Securities and Exchange Commission using a shelf registration
process. As permitted under the registration statement, we may,
from time to time, sell shares of our common stock, as market
conditions permit, to finance our operations and capital
expenditures or provide additional liquidity.

"The Company's Board of Directors has approved a share repurchase
program under which the Company may repurchase up to an aggregate
of $75.0 million of its outstanding common stock of which $53.0
million remains unused.  Purchases under the program may be made
from time to time through open market purchases, block transactions
or privately negotiated transactions. The Company expects to fund
the program using its cash on hand and cash generated from
operations.  The program may be suspended or discontinued at any
time without prior notice.

"Our current and anticipated uses of our cash, cash equivalents and
marketable securities are to fund operating expenses, acquisitions,
capital expenditures, interest payments, tax payments and quarterly
dividends, repurchase common stock and repay principal on debt."

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

                      https://is.gd/7ed86G

                     About West Corporation

Omaha, Neb.-based West Corporation is a global provider of
communication and network infrastructure solutions.  West helps
manage or support essential enterprise communications with services
that include conferencing and collaboration, public safety
services, IP communications, interactive services such as automated
notifications, large-scale agent services and telecom services.

West Corporation reported net income of $242 million on $2.28
billion of revenue for the year ended Dec. 31, 2015, compared to
net income of $158 million on $2.21 billion of revenue for the year
ended Dec. 31, 2014.

                          *     *     *

As reported by the TCR on June 21, 2013, Standard & Poor's Ratings
Services raised its corporate credit rating on West Corp. to 'BB-'
from 'B+'.  The upgrade reflects Standard & Poor's view that lower
debt leverage and a less aggressive financial policy will
strengthen the company's financial profile.

In the April 4, 2013, edition of the TCR, Moody's Investor Service
upgraded West Corporation's Corporate Family Rating to 'B1' from
'B2'.  "The CFR upgrade to B1 reflects West's shift to a more
conservative capital structure and financial policies as a publicly
owned company," stated Moody's analyst Suzanne Wingo.


WEST VIRGINIA HIGH: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

  Debtor                                                Case No.
  ------                                                --------
  West Virginia High Technology Consortium Foundation   16-00806
     dba High Technology Foundation
  1000 Technology Drive, Suite 1000
  Fairmont, WV 26554

  HT Foundation Holdings, Inc.                          16-00807
  Robert H. Mollohan Research Center
  1000 Technology Drive, Suite 8000
  Fairmont, WV 26554

Type of Business:

Chapter 11 Petition Date: August 4, 2016

Court: United States Bankruptcy Court
       Northern District of West Virginia (Clarksburg)

Judge: Hon. Patrick M. Flatley

Debtors' Counsel: David B. Salzman, Esq.
                  CAMPBELL & LEVINE, LLC
                  310 Grant Street, Suite 1700
                  Pittsburgh, PA 15219
                  Tel: (412) 261-0310
                  Fax: 412-261-5066
                  E-mail: dbs@camlev.com

                                      Estimated      Estimated
                                       Assets       Liabilities
                                    -----------     -----------
West Virginia High Technology        $10M-$50M       $10M-$50M
HT Foundation Holdings               $10M-$50M       $10M-$50M

The petitions were signed by James L. Estep, president and CEO.

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


WHITESBURG REALTY: Files Plan to Exit Chapter 11 Protection
-----------------------------------------------------------
Whitesburg Realty, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Kentucky its proposed plan to exit Chapter
11 protection.

Under the restructuring plan, each creditor holding an unsecured
claim in Class B will receive its distribution equal to its pro
rata share of 100% of Whitesburg's net profits from its operations
five years after confirmation of the plan.

Whitesburg estimates allowed Class B unsecured claims at $10,000.

Meanwhile, the company estimates that allowed secured claims will
be paid in full by the second year of the restructuring plan,
according to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/WhitesburgRealty_DS07122016.pdf

                   About Whitesburg Realty, LLC.

Whitesburg Realty, LLC filed a chapter 11 petition (Bankr. E.D. Ky.
Case No. 16-50721) on April 13, 2016.  The petition was signed by
Jeffrey C. Ruttenberg, member.

The Debtor is represented by Jamie L. Harris, Esq., at Delcotto Law
Group PLLC.  

The Debtor estimated assets of $1 million to $10 million and debts
of $1 million to $10 million.  The Debtor listed Wyatt, Tarrant &
Combs, LLP as its largest unsecured creditor holding a claim of
$10,000.


WIDEOPENWEST FINANCE: S&P Rates Proposed $2.065BB Term Loan 'B'
---------------------------------------------------------------
S&P Global Ratings assigned its 'B' issue-level rating and '3'
recovery rating to Englewood, Colo.-based cable overbuilder
WideOpenWest Finance LLC's proposed $2.065 billion term loan B due
2023.

The company will use proceeds from the new term loan to refinance
its $2 billion term loan due 2019 ($1.825 billion outstanding as of
June 30, 2016), redeem about $159 million of the 13.375%
subordinated notes due 2019, fund the $55 million acquisition of
NuLink, and pay related fees and expenses.

The '3' recovery rating indicates S&P's expectation for meaningful
recovery (50%-70%; upper half of the range) of principal in the
event of a payment default.

S&P's 'B' corporate credit rating and stable outlook are not
affected by the transaction despite a very modest increase in
leverage.  S&P expects adjusted debt to EBITDA to be in the high-6x
area in 2016 and 2017, which is within S&P's parameters for the
current rating.  More importantly, S&P believes the proposed
transaction will improve the company's liquidity position by
partially addressing near-term debt maturities.

RATINGS LIST

WideOpenWest Finance LLC
Corporate Credit Rating                  B/Stable/--

New Rating

WideOpenWest Finance LLC
$2.065 billion term loan B due 2023
Senior Secured                           B
  Recovery Rating                         3H


WILLIAM BEDDIE: Unsecured Creditors to Get 5% of Claims
-------------------------------------------------------
William Beddie filed with the U.S. Bankruptcy Court for the Eastern
District of California a Chapter 11 plan of reorganization, which
proposes to pay general unsecured creditors 5% of their claims.

Under the plan, Class 4 general unsecured creditors will receive 5%
of their claims in four quarterly installments.  These creditors
assert a total of $273,105 in claims.

General unsecured creditors may not take any collection action
against the Debtor so long as he is not in default under the
restructuring plan. Class 4 is impaired and is entitled to vote on
the plan.

A copy of the reorganization plan is available for free at
http://bankrupt.com/misc/WilliamBeddie_Plan07192016.pdf

The Debtor is represented by:

     John Gregory Downing, Esq.
     Downing Law Offices
     10069 West River Street, Suite 6C
     Truckee, CA 96161
     Tel: (530) 582-9182
     Email: john@downinglaw.com

William T. Beddie sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Calif. Case No. 12-33885) on July 30,
2012.


WILLIAMS PARTNERS: S&P Affirms 'BB' Corporate Credit Rating
-----------------------------------------------------------
S&P Global Ratings Services said that it affirmed its 'BBB-'
corporate credit and senior unsecured ratings on Williams Partners
L.P. (WPZ) and its wholly-owned subsidiaries, Northwest Pipeline
LLC and Transcontinental Gas Pipe Line Co. (Transco).  The outlook
is negative.

S&P also affirmed the ratings on The Williams Cos. Inc. (WMB),
including the 'BB' corporate credit rating, 'BB' senior unsecured
rating, 'B+' junior subordinated debt rating, and 'B' preferred
stock rating, and removed the ratings from CreditWatch, where S&P
placed them with negative implications on May 26, 2016.  The
outlook is negative.  The '4' recovery rating on the senior
unsecured debt is unchanged and indicates S&P's expectation of
average (30%-50%; lower end of the range) recovery if a default
occurs.  The '6' recovery rating on the junior subordinated notes
is also unchanged and indicates S&P's expectation of negligible
recovery (0%-10%) if a default occurs.

"The rating action balances the benefits of WMB's decision to cut
its dividend and reinvest the proceeds in WPZ to the partnership's
credit profile, with a moderate amount of execution risk, in our
opinion, related to WPZ's deleveraging strategy and funding of its
2017 capital plan," said S&P Global Ratings credit analyst Michael
Grande.

S&P believes the proceeds of up to $1.7 billion from WMB, plus most
of the cash from the planned sale of the Canadian business in
excess of $1 billion, has minimized some of the risk in WPZ's
previous strategy to deleverage the balance sheet, from which S&P's
February 2016 forecast was based.  S&P now thinks WPZ may not need
to rely to the same degree on a combination of asset sales,
reductions to discretionary spending, and distribution cuts to
reduce leverage below our target of 4.75x by 2017.

Nevertheless, S&P's forecast assumes WPZ will have to fund a large
discretionary cash flow deficit (operating cash flow minus capital
spending and distributions) of almost $3.5 billion in 2017, which
S&P views as a key risk, despite the general improvement in the
capital markets during the last few months.  S&P expects WPZ to
fund this deficit with the dividend reinvestment from WMB and a
combination of debt and equity, which should keep credit measures
in line with S&P's forecast.

The negative outlook on WPZ reflects S&P's view that the
partnership still faces some execution risk in 2017 with repairing
its balance sheet and funding a large capital spending program,
which if implemented successfully should improve debt to EBITDA
below 4.5x by 2018, when expansion projects at Transco are placed
into service.

The negative outlook on WMB reflects S&P's view that that the
two-notch ratings differential will remain in place between WMB and
WPZ, based on S&P's expectations that the distribution payments WMB
receives from its ownership interest in WPZ will remain relatively
stable, and stand-alone leverage will be in the 2x area during the
next 12 months.


WOODLAWN LANDSCAPING: Unsecured Creditors to Get 45% Under Plan
---------------------------------------------------------------
Woodlawn Landscaping, Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of Virginia a Chapter 11 plan of
reorganization, which proposes to pay general unsecured creditors
45% of their claims.

Under the proposed plan, creditors holding Class 2 general
unsecured non-priority claims will be paid 45% of their claims
without interest, on a pro rata basis.  

Woodlawn Landscaping will pay the claims in quarterly installments
over a term of 72 months from the effective date of the plan,
according to the disclosure statement detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/WoodlawnLandscaping_1DS07202016.pdf

The Debtor is represented by:

     Graham Thornton Jennings, Jr., Esq.
     Graham T. Jennings, Jr., P.C.
     P.O. Box 426, Powhatan, Virginia 23139
     Phone: (804) 598-7912
     Fax: (804) 591-0323
     Email: powlaw@verizon.net

                   About Woodlawn Landscaping

Woodlawn Landscaping, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Va. Case No. 15-34068) on August
3, 2015.


WORSLEY ENTERPRISES: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Worsley Enterprises, Inc.
        3121 Dakota Ave, N.E.
        Washington, DC 20018

Case No.: 16-00384

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 4, 2016

Court: United States Bankruptcy Court
       District of Columbia (Washington, D.C.)

Judge: Hon. Martin S. Teel, Jr.

Debtor's Counsel: Wendell C. Robinson, Esq.
                  ROBINSON LAW, PLLC
                  7600 Georgia Ave N.W. #203
                  Washington, DC 20012
                  Tel: 202-223-4470
                  E-mail: grindstonelaw@aol.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Zella M. Worsley, 100% shareholder.

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


YH LIMITED: Seeks U.S. Recognition of UK Proceeding
---------------------------------------------------
YH Limited commenced a case under Chapter 15 of the Bankruptcy Code
in the U.S. Bankruptcy Court for the Southern District of New York
on Aug. 3, 2016, seeking recognition in the United States of a
proceeding currently pending in the United Kingdom.

Christian Henry Wells filed the petition as authorized by a July
25, 2016, order of the Chancery Division (Companies Court) of the
High Court of Justice of England and Wales to act as the foreign
representative with respect to a voluntary restructuring proceeding
concerning the Debtor through a scheme of arrangement before the UK
Court.

"The purpose of recognition of the Scheme in the United States is
to help ensure its nforceability and effectiveness in the United
States," Mr. Wells said.  "The Debtor, the other members of the
Group and the Lenders party to the Lock-up Agreement wish to ensure
that no creditors can bypass the effect of the Scheme by commencing
litigation or taking other actions in the United States," he
maintained.

YH Limited is an indirect, wholly owned subsidiary of Hibu Group
Limited ("Topco," together with its direct and indirect
subsidiaries, "hibu" or the "Group") that has historically been a
provider of yellow pages directory listings in the United States,
the UK, and Spain.  In addition to printed yellow pages, the Group
has leveraged its strong local brands and relationships with small
and medium-sized enterprises to sell an increasingly sophisticated
set of digital marketing and advertising products and services,
including mobile-optimized websites, search marketing, search
engine optimization, digital display advertising, digital listings
management, and social presence management.

The Debtor applied to the UK Court on July 25, 2016, for an order
directing it to convene a meeting in respect of the Scheme for a
single class of creditors only.  The Scheme Creditors are the only
creditors whose claims will be compromised by the Scheme.  The
purpose of the proposed Scheme Meeting is to consider and, if
appropriate, approve the Scheme.

On July 25, 2016, the UK Court held a hearing and subsequently
issued the Convening Court Order.  The Convening Court Order also
(i) confirms that the Scheme Meeting will be held at 11:30 am
(London time) on Sept. 2, 2016, at the offices of Slaughter and
May, One Bunhill Row, London EC1Y 8YY, (ii) confirms the documents
and notices that will be sent to the Scheme Creditors, and (iii)
declares that the Petitioner is authorized to act as foreign
representative in respect of the UK Proceeding, including in any
Chapter 15 proceeding.  It is currently anticipated that the
Sanction Hearing will be held on Sept. 6, 2016.

If the Refinancing is implemented, all of YH Limited's existing
indebtedness under the Facilities will be cancelled in exchange for
Scheme Creditors receiving additional Topco shares as well as the
New Notes, to be allocated pro rata to Scheme Creditors in
accordance with their holding of the Facilities.  In addition, the
Group's obligation to make contributions to the Pension Plan, and
the Group's ability to do so under the terms of the existing
intercreditor agreement, will be modified.

In 2014, the Group successfully restructured its debts under a 2009
senior facilities agreement.  Pursuant to the 2014 Restructuring,
which was implemented via a scheme of arrangement, lenders under
the 2009 senior facilities agreement agreed to write off
approximately GBP800 million of the approximately GBP2.3 billion
debt then outstanding in exchange for, among other things:

  * Topco Shares: all of the shares in the newly incorporated
    Topco, which became the ultimate owner of the key subsidiaries
    of the Group, including YH Limited;

  * Cash Pay Facilities: the equivalent of GBP500 million of five-
    year, multi-currency, non-amortizing, senior secured cash pay
    debt of YH Limited, denominated in sterling, euro and dollars,
    bearing interest at a floating rate equal to LIBOR plus
    5.00 per cent per annum and maturing in 2019, of which around
    GBP150 million currently remains outstanding following cash
    sweeps and other mandatory prepayments since 2014; and

  * PIK Facilities: the equivalent of GBP920 million of 10-year,
    multi-currency, non-amortizing, senior secured payment-in-kind
    debt of YH Limited, denominated in sterling, euro and dollars,
    bearing interest at a floating rate equal to LIBOR plus
    1.00 per cent per annum and maturing in 2024, which with
    accrued interest, now total around the equivalent of GBP1
    billion.

The terms of the Topco Shares, Cash Pay Facilities and PIK
Facilities provide for the stapling together of those instruments,
so that holders must hold all three instruments in fixed
proportions.  As part of the 2014 Restructuring, the Group and its
lenders at the time also came to an agreement with the then
trustees (now replaced by a single corporate trustee) for the hibu
(UK) Pension Plan regarding the sharing of cash from the Group
available for debt service and annual contributions to be paid by
the Group to the Pension Plan.

The Group, with the support of a significant majority of its
Lenders (and Topco's members), is now undertaking a new
refinancing, which will achieve a more sustainable capital
structure and address certain issues that remain following the 2014
Restructuring.

According to the Petitioner, while the 2014 Restructuring provided
the best solution available at the time to the Group's likely
insolvency, it did not address certain legacy issues that the
Scheme and the 2016 Refinancing now aim to address, including (1)
an impending increase, or step-up, in contributions the Group is
required to make to the Pension Plan, and (2) the amount of the
outstanding debt, the stapling of the debt, and the maturity of the
PIK Facilities in 2024.

Should the Scheme not be approved, the Petitioner anticipates that
the legacy issues from the 2014 Restructuring would persist and YH
Limited would face a default under the Senior Facilities Agreement
or its obligations in respect of the Pension Plan in April 2018.

"Time is limited if the Refinancing is to be successful.  Although
a majority of the Lenders have agreed pursuant to the Lock-up
Agreement to support the Refinancing and the Scheme, the Lock-up
Agreement expires on October 8, 2016, at which point the Lenders
party thereto could withdraw their support for the Refinancing and
the Scheme.  In addition, a failure to complete the Refinancing
within the proposed timeframe is likely to attract negative
attention, with a detrimental impact upon the Group and key
stakeholders, including its shareholders and creditors, as well as
suppliers, employees and customers," said Emil A. Kleinhaus, Esq.,
at Wachtell, Lipton, Rosen & Katz, one of the Petitioner's
attorneys.

I. The Pension Plan Contribution Step-Up

Under the terms of the 2014 Restructuring, the Group is required to
make monthly contributions of GBP500,000 into the Pension Plan
through March 2018.  In addition, the Pension Plan is entitled to
receive a proportion of the Group's distributed cash.  Beginning in
April 2018, the Group is required to make a minimum annual
contribution to the Pension Plan of GBP12.5 million (payable in
equal monthly installments unless a prepayment of future
installments is made).  This minimum annual contribution will
increase by 5% in each fiscal year thereafter.

However, the Senior Facilities Agreement restricts members of the
Group from making payments to the Pension Trustee that, in any
year, would exceed 4% of the total cash distributed by the Group to
Lenders and holders of Topco shares (which may be distributed
through the mandatory excess cash sweep mechanics under the Senior
Facilities Agreement, or any other mechanism, such as dividends to
the members of Topco or voluntary repayments made in accordance
with the Senior Facilities Agreement).  Moreover, an intercreditor
agreement governing the relative rights of the Lenders and the
Pension Trustee, as secured creditors of the Group, provides that
the proceeds of any enforcement of Security are to be distributed
such that the Lenders receive 96% and the Pension Trustee receives
the remaining 4%.

Given the 4% cap on distributions, in order to meet the required
minimum annual contribution to the Pension Plan, starting in April
2018, members of the Group would need to make cash distributions of
over GBP300 million per year (increasing by 5% per year).  For
context, the amount distributed by the Group to Lenders in the
fiscal year ended March 31, 2015 was GBP196 million; in the fiscal
year ended March 31, 2016, that figure was GBP227 million.  The
Group currently forecasts that it will distribute around GBP180
million in the fiscal year ending March 31, 2017.  The boards of YH
Limited and Topco consider it very unlikely that the Group will
generate sufficient distributable cash in April 2018 or in the
foreseeable future to be able both to meet their obligations in
respect of the Pension Plan and to comply with the restrictions in
the Senior Facilities Agreement on payments to the Pension Plan.
Accordingly, the boards of YH Limited and Topco believe that in
April 2018 or shortly thereafter, the Group is likely to default on
its existing financing arrangements or its obligations to the
Pension Plan.

The Scheme and the 2016 Refinancing address this impending conflict
by providing for the replacement of the existing intercreditor
agreement with a new security trust and intercreditor deed.  As a
general matter, these new documents no longer require the Group to
ensure that the Lenders receive 96% of free cashflow, while at the
same time reducing the scheduled contributions to the Pension Plan
pursuant to a Framework Deed, entered into on July 8, 2016, with
the Pension Trustee but conditioned upon the Refinancing.  The
Pension Plan and Framework Deed are governed by English law.  The
Pension Plan relates to only employees of the UK companies.

II. The PIK Facilities: Amount, Stapling and Maturity

The lenders who participated in the 2014 Restructuring required
that the PIK Facilities put in place at that time have a face
amount significantly greater than the assets of the Group at the
time and a maturity date in 2024.  Fundamentally, the amount of
outstanding debt under the Facilities, which is currently around
six times leverage of the Group, is not sustainable in the long
term.  The directors of YH Limited and Topco believe that,
notwithstanding the Group's improved financial performance of late,
it is unlikely that the Group will be able to repay the PIK
Facilities at maturity and accordingly should take steps to
normalize its capital structure now pursuant to the 2016
Refinancing.

The 2014 Restructuring also imposed a "stapling" of instruments.
Consequently, at present, a Lender may only transfer any of its
rights and/or obligations or economic interest in the Cash Pay
Facilities if it also transfers, sells and/or assigns a pro rata
amount at the same time of its interest in (i) the PIK Facilities
and (ii) the Topco Shares.  This stapling has resulted in an
illiquid market for the debt of YH Limited and the shares of
Topco.

The boards of YH Limited and Topco have thus resolved that in order
to restore a viable and sustainable capital structure, it is
appropriate to seek to reduce the amount of the Group's debt
further.  The boards of YH Limited and Topco have likewise
concluded that it is appropriate to remove the staple on the
cash-pay portion of the Group's debt.

Finally, the boards of YH Limited and Topco wish to act now to
address the impending step-up of the required contribution to the
Pension Plan and the PIK maturity in 2024, as the directors
consider it unlikely that either the trading performance of the
Group will improve to the extent that it can fund the stepped-up
contribution and repay the PIK Facilities at maturity or that
shareholders of Topco would be prepared to inject sufficient
further equity capital to otherwise meet these obligations.
Addressing these issues in a coordinated, efficient and
cost-effective manner will maximize value for all stakeholders.

IIII. The Lock-Up Agreement, the 2016 Refinancing, and the Scheme

In connection with the Scheme and the 2016 Refinancing, Slaughter
and May has acted as global legal adviser to YH Limited and Topco,
while Lazard & Co. Ltd has acted as financial adviser to YH Limited
and Topco.  Sullivan & Cromwell has acted as legal adviser to the
Scheme Creditors and the holders of Topco shares.

On June 1, 2016, the Group uploaded a letter and term sheet which
announced the key terms of the Refinancing to an "Intralinks
Debtspace" website to which all Scheme Creditors have or can
request access, which is the online system by which the Group
disseminates information to Lenders.  To date, Lenders holding
approximately 83% of all outstanding debt under the Senior
Facilities Agreement have signed a Lock-up Agreement pursuant to
which they have agreed to support the Refinancing and the Scheme.
The obligations of the parties to the Lock-up Agreement will
terminate on Oct. 8, 2016 (subject to extension to Nov. 8, 2016, by
approval of a majority of the Lenders party thereto).

In connection with the proposed Refinancing, the Pension Trustee
carried out a valuation of the Pension Plan as of Dec. 31, 2015. On
the basis of the results of that valuation and subsequent
negotiations, the Pension Trustee entered into the Framework Deed
memorializing its support for the Refinancing and agreeing to
adjust the required contributions to the Pension Plan, subject to
consummation of the Refinancing.

The key features of the consensual Refinancing to be implemented by
the Scheme are as follows:

   * Owl Finance plc, a newly formed company incorporated in
     England and Wales with registered number 10277047 and having
     its registered office at One Reading Central, Forbury Road,
     Reading, RG1 3YL, United Kingdom, will be interposed as the
     direct parent entity of YH Limited in the Group structure.

   * All of YH Limited's existing indebtedness under the
     Facilities will be cancelled in exchange for Scheme Creditors
     receiving additional Topco shares, as well as the two types
     of new debt securities to be issued by Newco, resulting in a
     net reduction and capitalization of approximately GBP550
     million of the Group's pre-Refinancing debts.

   * The New Notes involved in this exchange include:

            -- issuance of the equivalent of GBP300 million
              (calculated by reference to the prevailing foreign
               exchange rate) in secured, cash-pay debt,
               structured as Eurobonds listed on the Cayman
               Islands Stock Exchange, in three tranches
              (sterling, euro and US dollar), bearing interest at
               a floating rate equal to LIBOR + 7.00%, and
               maturing in 2021; and

            -- issuance of the equivalent of GBP250 million
              (calculated by reference to the prevailing foreign
               exchange rate) in secured payment-in-kind debt,
               structured as Eurobonds listed on the Cayman
               Islands Stock Exchange, in three tranches
              (sterling, euro and US dollar), bearing interest at
               a floating rate equal to LIBOR + 10.00% (if
               capitalized) or 8.50% (if paid in cash), maturing
               in 2065, and convertible into Topco shares in
               certain circumstances.

      * The Group's debt and equity securities will be partially
        de-stapled, such that the Cash Pay Notes will not be
        stapled to either the PIK Notes or the Topco Shares, while
        the PIK Notes and the Topco Shares will be stapled
        together.

      * New guarantees and security will be granted for the New
        Notes by those members of the Group that are incorporated
        in the United Kingdom and the United States.  These
        entities will also guarantee and pledge their assets to
        ratably secure certain obligations due in respect of the
        Pension Plan.

      * A separate scheme of arrangement will be implemented in
        respect of Topco that will result in, among other things,
        new shareholder arrangements and entry into a
        shareholders' agreement governing the relationship and
        actions of the post-Refinancing holders of shares in
        Topco.

As part of the Refinancing, Topco will pursue a separate scheme of
arrangement that will result in, among other things, new
shareholder arrangements and entry into a shareholders' agreement
governing the relationship and actions of the post-Refinancing
holders of shares in Topco.  It is not currently anticipated that
Topco will seek Chapter 15 recognition of its scheme.


[*] Chadbourne & Parke's Deutsch Joins Clifford Chance
------------------------------------------------------
International law firm Clifford Chance said Douglas Deutsch has
joined its Americas Financial Restructuring Group as a partner in
New York. He is the second partner to join the firm the past week
after the former chief counsel to the chair of the US Securities
and Exchange Commission, Bob Rice, joined the Litigation & Dispute
Resolution practice on August 1.

Deutsch, who joins Clifford Chance from Chadbourne & Parke, has
more than 18 years experience in a wide range of bankruptcy
proceedings and restructurings, including representing creditors'
committees, secured and unsecured creditors and indenture trustees.
He also serves as vice president of Education for the American
Bankruptcy Institute.

"Doug is an excellent fit for our practice, and someone whom
Jennifer DeMarco and I hold in high regard," said Andrew Brozman,
the head of the Americas Financial Restructuring Group. "He has the
substantive skills and talent to service and grow relationships
with his existing clients as well as those of the Firm.  We
couldn't be more pleased to welcome him to our team."  Deutsch
joins the group on the heels of the arrival of counsel Kristine
Manoukian from Akin Gump.

Evan Cohen, regional managing partner of the Americas, said, "Doug
shares our strong commitment to client service and supports our
continued growth within this important practice."

"I am excited to join a firm with such a strong domestic and
international bankruptcy practice, and to have the opportunity to
work with a well known financial restructuring practice, especially
with Andy and Jennifer, each of whom I know well," said Deutsch.
"Clifford Chance shares my strong commitment to clients and
provides me with an incredible global platform to grow my practice.
It's a great fit for me."

Deutsch is a regular contributor to industry publications and
speaks frequently on bankruptcy law topics.  He earned his JD from
St. John's University School of Law in 1996, where he served as the
editor-in-chief of the American Bankruptcy Institute Law Review.
Deutsch earned an LL.M. from St. John's University School of Law in
2001, and a BS from Drew University in 1991.


[*] Fitch Says Brexit Vote Amplifies Existing Headwinds for Airline
-------------------------------------------------------------------
Negative effects of the UK's Brexit referendum are adding to an
already pressured transatlantic air travel market and contributing
to ongoing revenue pressures for US airlines, according to Fitch
Ratings. Heavy-capacity growth from discounters and the recent
series of multiple terrorist attacks are also contributing to weak
revenue trends in the region.

Although the economic fallout from the Brexit referendum is likely
to add some revenue pressures for the major US carriers over the
intermediate term and delay efforts to reverse persistent negative
unit revenue trends, Fitch does not anticipate any near-term rating
actions.

The effects of the UK's Brexit referendum are becoming clearer in
the sector's second-quarter earnings calls, as Delta Airlines
announced last week that it would cut its winter capacity to the UK
by 6% directly as a result of the Brexit vote, while United
announced that it would bring fourth-quarter transatlantic capacity
down by 1%-2%, in part due to the effects of the Brexit referendum.
IATA estimates that the number of air passengers in the UK could be
down by 3%-5% by 2020.

The immediate consequences of the vote include the weaker British
pound, which makes foreign travel from the UK more expensive.
Longer term effects of a weaker UK economy are harder to predict
given the uncertainty around the timing of the UK vote to exit the
EU. Nevertheless, the Brexit referendum likely represents an
incremental headwind for the foreseeable future.

Additionally, there is a risk that the recent string of terror
attacks and political unrest in the region could have a larger than
normal impact on travel demand. Travel demand tends to bounce back
fairly quickly after incidents of terrorism, but the string of
successive high-profile attacks (Brussels, Ataturk and Nice) could
have a broader impact on bookings.

Of the big three US carriers, American (rated BB-/Stable by Fitch)
has the most direct exposure to the UK, particularly through its
partnership with British Airways, but the turbulence in the UK has
the potential to affect all three. Delta (rated BBB-/Stable by
Fitch) has made a particular focus in recent years in growing its
presence at Heathrow through its partnership with Virgin Atlantic,
while the transatlantic region represents United's (rated
BB-/Positive by Fitch) biggest international market, producing more
than 18% of its total passenger revenue in 2015.

The airline sector had already been facing unit revenue pressures
in international markets based on issues like economic weakness in
Brazil, foreign exchange headwinds and increasing competitive
capacity in the Pacific. Domestic trends have been softer recently
as well, with most airlines reporting weaker close-in bookings and
continuing to predict negative unit revenues at least through the
rest of the year.

Despite a pressured operating environment, the airlines are still
seeing the benefits of fuel prices that remain much lower than they
were just two years ago and from structural changes to the industry
that have come from years of consolidation and efforts to reduce
debt. The industry continues to generate sizable profits in the
transatlantic region despite the various headwinds affecting unit
revenues. For the most part, credit metrics for the airlines are
strong for their current ratings and the industry continues to
generate significant amounts of cash; thus, the airlines have some
room to weather near-term pressures without triggering negative
ratings actions.


[^] BOND PRICING: For the Week from August 1 to 5, 2016
-------------------------------------------------------
  Company                                                          
                          Ticker Coupon Bid Price   Maturity
A. M. Castle & Co                                                  
                          CAS     12.750    75.750 12/15/2016
A. M. Castle & Co                                                  
                          CAS      7.000    58.375 12/15/2017
ACE Cash Express Inc                                               
                          AACE    11.000    45.000   2/1/2019
ACE Cash Express Inc                                               
                          AACE    11.000    44.000   2/1/2019
Affinion Investments LLC                                           
                          AFFINI  13.500    52.500  8/15/2018
Alpha Appalachia Holdings Inc                                      
                          ANR      3.250     0.550   8/1/2015
Alpha Natural Resources Inc                                        
                          ANR      6.000     0.300   6/1/2019
Alpha Natural Resources Inc                                        
                          ANR      6.250     0.250   6/1/2021
Alpha Natural Resources Inc                                        
                          ANR      7.500     0.938   8/1/2020
Alpha Natural Resources Inc                                        
                          ANR      4.875     0.500 12/15/2020
Alpha Natural Resources Inc                                        
                          ANR      7.500     0.938   8/1/2020
Alpha Natural Resources Inc                                        
                          ANR      7.500     6.000   8/1/2020
American Eagle Energy Corp                                         
                          AMZG    11.000    11.875   9/1/2019
American Eagle Energy Corp                                         
                          AMZG    11.000    11.500   9/1/2019
American Gilsonite Co                                              
                          AMEGIL  11.500    71.500   9/1/2017
American Gilsonite Co                                              
                          AMEGIL  11.500    71.125   9/1/2017
Amyris Inc                                                         
                          AMRS     6.500    27.500  5/15/2019
Arch Coal Inc                                                      
                          ACI      7.000     2.200  6/15/2019
Arch Coal Inc                                                      
                          ACI      7.250     2.075  6/15/2021
Arch Coal Inc                                                      
                          ACI      7.250     1.685  10/1/2020
Arch Coal Inc                                                      
                          ACI      9.875     2.250  6/15/2019
Arch Coal Inc                                                      
                          ACI      8.000     2.188  1/15/2019
Arch Coal Inc                                                      
                          ACI      8.000     1.829  1/15/2019
Armstrong Energy Inc                                               
                          ARMS    11.750    41.000 12/15/2019
Armstrong Energy Inc                                               
                          ARMS    11.750    41.250 12/15/2019
Atlas Energy Holdings Operating Co LLC / Atlas Resource Finance
Corp                          ARP      7.750    14.950  1/15/2021
Atlas Energy Holdings Operating Co LLC / Atlas Resource Finance
Corp                          ARP      9.250    13.000  8/15/2021
Atlas Energy Holdings Operating Co LLC / Atlas Resource Finance
Corp                          ARP      9.250    13.375  8/15/2021
Atlas Energy Holdings Operating Co LLC / Atlas Resource Finance
Corp                          ARP      9.250    13.375  8/15/2021
Avaya Inc                                                          
                          AVYA    10.500    24.000   3/1/2021
Avaya Inc                                                          
                          AVYA    10.500    33.000   3/1/2021
BOKF NA                                                            
                          BOKF     1.316    98.876  5/15/2017
BPZ Resources Inc                                                  
                          BPZR     6.500     1.500   3/1/2015
BPZ Resources Inc                                                  
                          BPZR     6.500     3.016   3/1/2049
Bank of America Corp                                               
                          BAC      6.350   100.000 12/15/2037
Bank of America Corp                                               
                          BAC      5.500    99.509  8/15/2030
Basic Energy Services Inc                                          
                          BAS      7.750    35.000  2/15/2019
Black Elk Energy Offshore Operations LLC / Black Elk Finance Corp  
                          BLELK   13.750     0.150  12/1/2015
BreitBurn Energy Partners LP / BreitBurn Finance Corp              
                          BBEP     7.875    23.500  4/15/2022
BreitBurn Energy Partners LP / BreitBurn Finance Corp              
                          BBEP     8.625    22.750 10/15/2020
BreitBurn Energy Partners LP / BreitBurn Finance Corp              
                          BBEP     8.625    23.000 10/15/2020
BreitBurn Energy Partners LP / BreitBurn Finance Corp              
                          BBEP     8.625    23.000 10/15/2020
Caesars Entertainment Operating Co Inc                             
                          CZR     10.000    49.750 12/15/2018
Caesars Entertainment Operating Co Inc                             
                          CZR     12.750    42.500  4/15/2018
Caesars Entertainment Operating Co Inc                             
                          CZR     10.000    49.000 12/15/2018
Caesars Entertainment Operating Co Inc                             
                          CZR      5.750    35.323  10/1/2017
Caesars Entertainment Operating Co Inc                             
                          CZR      5.750    12.250  10/1/2017
Caesars Entertainment Operating Co Inc                             
                          CZR     10.000    49.625 12/15/2018
Caesars Entertainment Operating Co Inc                             
                          CZR     10.000    49.625 12/15/2018
Caesars Entertainment Operating Co Inc                             
                          CZR     10.000    48.875 12/15/2018
Chassix Holdings Inc                                               
                          CHASSX  10.000     8.000 12/15/2018
Chassix Holdings Inc                                               
                          CHASSX  10.000     8.000 12/15/2018
Claire's Stores Inc                                                
                          CLE      8.875    23.300  3/15/2019
Claire's Stores Inc                                                
                          CLE      7.750     5.000   6/1/2020
Claire's Stores Inc                                                
                          CLE     10.500    58.600   6/1/2017
Claire's Stores Inc                                                
                          CLE      7.750     5.125   6/1/2020
Clean Energy Fuels Corp                                            
                          CLNE     7.500    94.504  8/30/2016
Community Choice Financial Inc                                     
                          CCFI    10.750    44.000   5/1/2019
Comstock Resources Inc                                             
                          CRK      7.750    49.875   4/1/2019
Creditcorp                                                         
                          CRECOR  12.000    40.450  7/15/2018
Creditcorp                                                         
                          CRECOR  12.000    40.000  7/15/2018
Cumulus Media Holdings Inc                                         
                          CMLS     7.750    41.650   5/1/2019
DynCorp International Inc                                          
                          DCP     10.375    88.786   7/1/2017
EPL Oil & Gas Inc                                                  
                          EXXI     8.250     9.500  2/15/2018
EXCO Resources Inc                                                 
                          XCO      7.500    47.070  9/15/2018
Eagle Rock Energy Partners LP / Eagle Rock Energy Finance Corp     
                          EROC     8.375    39.917   6/1/2019
Energy & Exploration Partners Inc                                  
                          ENEXPR   8.000     1.970   7/1/2019
Energy & Exploration Partners Inc                                  
                          ENEXPR   8.000     1.970   7/1/2019
Energy Conversion Devices Inc                                      
                          ENER     3.000     7.875  6/15/2013
Energy Future Holdings Corp                                        
                          TXU     11.250    90.000  11/1/2017
Energy Future Holdings Corp                                        
                          TXU     10.875    90.000  11/1/2017
Energy Future Holdings Corp                                        
                          TXU     10.875    48.125  11/1/2017
Energy Future Holdings Corp                                        
                          TXU      9.750    36.000 10/15/2019
Energy Future Intermediate Holding Co LLC / EFIH Finance Inc       
                          TXU     10.000     2.604  12/1/2020
Energy Future Intermediate Holding Co LLC / EFIH Finance Inc       
                          TXU     10.000     3.250  12/1/2020
Energy Future Intermediate Holding Co LLC / EFIH Finance Inc       
                          TXU      9.750    10.550 10/15/2019
Energy Future Intermediate Holding Co LLC / EFIH Finance Inc       
                          TXU      6.875     3.719  8/15/2017
Energy XXI Gulf Coast Inc                                          
                          EXXI    11.000    38.500  3/15/2020
Energy XXI Gulf Coast Inc                                          
                          EXXI     9.250    10.750 12/15/2017
Energy XXI Gulf Coast Inc                                          
                          EXXI     7.500    10.500 12/15/2021
Energy XXI Gulf Coast Inc                                          
                          EXXI     6.875    10.750  3/15/2024
Energy XXI Gulf Coast Inc                                          
                          EXXI     7.750    10.250  6/15/2019
FBOP Corp                                                          
                          FBOPCP  10.000     1.843  1/15/2009
FXCM Inc                                                           
                          FXCM     2.250    40.500  6/15/2018
FairPoint Communications Inc/Old                                   
                          FRP     13.125     1.879   4/2/2018
Federal National Mortgage Association                              
                          FNMA     3.200   100.044  8/16/2032
Fleetwood Enterprises Inc                                          
                          FLTW    14.000     3.557 12/15/2011
Forbes Energy Services Ltd                                         
                          FES      9.000    30.000  6/15/2019
Goodman Networks Inc                                               
                          GOODNT  12.125    45.000   7/1/2018
Halcon Resources Corp                                              
                          HKUS     9.750    20.250  7/15/2020
Halcon Resources Corp                                              
                          HKUS     8.875    20.250  5/15/2021
Halcon Resources Corp                                              
                          HKUS     9.250    19.560  2/15/2022
Hanger Inc                                                         
                          HGR     10.625    98.250 11/15/2018
Horsehead Holding Corp                                             
                          ZINC     3.800     1.750   7/1/2017
Horsehead Holding Corp                                             
                          ZINC    10.500    82.500   6/1/2017
Horsehead Holding Corp                                             
                          ZINC     9.000    20.250   6/1/2017
Horsehead Holding Corp                                             
                          ZINC    10.500    78.500   6/1/2017
Horsehead Holding Corp                                             
                          ZINC    10.500    78.500   6/1/2017
Illinois Power Generating Co                                       
                          DYN      7.000    40.500  4/15/2018
Illinois Power Generating Co                                       
                          DYN      6.300    40.320   4/1/2020
Iracore International Holdings Inc                                 
                          IRACOR   9.500    63.125   6/1/2018
Iracore International Holdings Inc                                 
                          IRACOR   9.500    63.125   6/1/2018
IronGate Energy Services LLC                                       
                          IRONGT  11.000    22.500   7/1/2018
IronGate Energy Services LLC                                       
                          IRONGT  11.000    22.750   7/1/2018
IronGate Energy Services LLC                                       
                          IRONGT  11.000    22.250   7/1/2018
IronGate Energy Services LLC                                       
                          IRONGT  11.000    22.250   7/1/2018
JC Penney Corp Inc                                                 
                          JCP      7.650    99.156  8/15/2016
John Hancock Life Insurance Co                                     
                          MFCCN    5.350    99.500  8/15/2016
Kellwood Co                                                        
                          KWD      7.625    60.100 10/15/2017
Key Energy Services Inc                                            
                          KEGX     6.750    28.701   3/1/2021
Las Vegas Monorail Co                                              
                          LASVMC   5.500     5.000  7/15/2019
Lehman Brothers Holdings Inc                                       
                          LEH      2.070     3.506  6/15/2009
Lehman Brothers Holdings Inc                                       
                          LEH      5.000     3.506   2/7/2009
Lehman Brothers Holdings Inc                                       
                          LEH      1.383     3.506  6/15/2009
Lehman Brothers Holdings Inc                                       
                          LEH      1.600     3.506  11/5/2011
Lehman Brothers Holdings Inc                                       
                          LEH      2.000     3.506   3/3/2009
Lehman Brothers Holdings Inc                                       
                          LEH      1.500     3.506  3/29/2013
Lehman Brothers Holdings Inc                                       
                          LEH      4.000     3.506  4/30/2009
Lehman Brothers Inc                                                
                          LEH      7.500     1.226   8/1/2026
Liberty Interactive LLC                                            
                          LINTA    1.000    86.250  9/30/2043
Linc USA GP / Linc Energy Finance USA Inc                          
                          LNCAU    9.625    22.250 10/31/2017
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     8.625    17.500  4/15/2020
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     6.500    17.500  5/15/2019
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE    12.000    40.000 12/15/2020
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     6.250    17.500  11/1/2019
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     7.750    17.763   2/1/2021
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     6.500    16.875  9/15/2021
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     6.250    84.000  11/1/2019
Linn Energy LLC / Linn Energy Finance Corp                         
                          LINE     6.250    16.875  11/1/2019
Logan's Roadhouse Inc                                              
                          LGNS    10.750     7.000 10/15/2017
Lonestar Resources America Inc                                     
                          LNRAU    8.750    45.000  4/15/2019
Lonestar Resources America Inc                                     
                          LNRAU    8.750    46.000  4/15/2019
MF Global Holdings Ltd                                             
                          MF       3.375    21.000   8/1/2018
MModal Inc                                                         
                          MODL    10.750    10.125  8/15/2020
MPT Operating Partnership LP / MPT Finance Corp                    
                          MPW      6.875   103.388   5/1/2021
Midstates Petroleum Co Inc / Midstates Petroleum Co LLC            
                          MPO     10.750     0.900  10/1/2020
Midstates Petroleum Co Inc / Midstates Petroleum Co LLC            
                          MPO      9.250     1.250   6/1/2021
Midstates Petroleum Co Inc / Midstates Petroleum Co LLC            
                          MPO     12.000     8.000   6/1/2020
Midstates Petroleum Co Inc / Midstates Petroleum Co LLC            
                          MPO     10.750     1.943  10/1/2020
Midstates Petroleum Co Inc / Midstates Petroleum Co LLC            
                          MPO     10.750     1.943  10/1/2020
Modular Space Corp                                                 
                          MODSPA  10.250    42.750  1/31/2019
Modular Space Corp                                                 
                          MODSPA  10.250    42.250  1/31/2019
Molycorp Inc                                                       
                          MCP     10.000     0.500   6/1/2020
Murray Energy Corp                                                 
                          MURREN  11.250    25.750  4/15/2021
Murray Energy Corp                                                 
                          MURREN   9.500    25.500  12/5/2020
Murray Energy Corp                                                 
                          MURREN  11.250    25.500  4/15/2021
Murray Energy Corp                                                 
                          MURREN   9.500    25.500  12/5/2020
Nine West Holdings Inc                                             
                          JNY      6.125    12.070 11/15/2034
Nine West Holdings Inc                                             
                          JNY      6.875    19.500  3/15/2019
Nine West Holdings Inc                                             
                          JNY      8.250    17.500  3/15/2019
Nine West Holdings Inc                                             
                          JNY      8.250    17.375  3/15/2019
Noranda Aluminum Acquisition Corp                                  
                          NOR     11.000     0.500   6/1/2019
Nuverra Environmental Solutions Inc                                
                          NESC     9.875    25.000  4/15/2018
OMX Timber Finance Investments II LLC                              
                          OMX      5.540    12.750  1/29/2020
Optima Specialty Steel Inc                                         
                          OPTSTL  12.500    85.625 12/15/2016
Optima Specialty Steel Inc                                         
                          OPTSTL  12.500    85.625 12/15/2016
Orexigen Therapeutics Inc                                          
                          OREX     2.750    25.000  12/1/2020
Peabody Energy Corp                                                
                          BTU      6.000    16.750 11/15/2018
Peabody Energy Corp                                                
                          BTU     10.000    19.250  3/15/2022
Peabody Energy Corp                                                
                          BTU      6.500    15.580  9/15/2020
Peabody Energy Corp                                                
                          BTU      6.250    16.600 11/15/2021
Peabody Energy Corp                                                
                          BTU      7.875    17.150  11/1/2026
Peabody Energy Corp                                                
                          BTU      4.750     0.510 12/15/2041
Peabody Energy Corp                                                
                          BTU     10.000    20.400  3/15/2022
Peabody Energy Corp                                                
                          BTU      6.000    17.250 11/15/2018
Peabody Energy Corp                                                
                          BTU      6.000    13.125 11/15/2018
Peabody Energy Corp                                                
                          BTU      6.250    17.000 11/15/2021
Peabody Energy Corp                                                
                          BTU      6.250    17.000 11/15/2021
Penn Virginia Corp                                                 
                          PVAH     7.250    30.348  4/15/2019
Penn Virginia Corp                                                 
                          PVAH     8.500    41.000   5/1/2020
Performance Drilling Co LLC                                        
                          PERDRI   6.000     1.000  9/30/2022
Permian Holdings Inc                                               
                          PRMIAN  10.500    29.500  1/15/2018
Permian Holdings Inc                                               
                          PRMIAN  10.500    29.375  1/15/2018
Pernix Therapeutics Holdings Inc                                   
                          PTX      4.250    22.625   4/1/2021
Pernix Therapeutics Holdings Inc                                   
                          PTX      4.250    22.140   4/1/2021
PetroQuest Energy Inc                                              
                          PQ      10.000    53.738   9/1/2017
Prospect Holding Co LLC / Prospect Holding Finance Co              
                          PRSPCT  10.250    42.500  10/1/2018
Prospect Holding Co LLC / Prospect Holding Finance Co              
                          PRSPCT  10.250    42.000  10/1/2018
Quicksilver Resources Inc                                          
                          KWKA     9.125     3.750  8/15/2019
Quicksilver Resources Inc                                          
                          KWKA    11.000     3.250   7/1/2021
Renco Metals Inc                                                   
                          RENCO   11.500     5.000   7/1/2003
Rex Energy Corp                                                    
                          REXX     8.875    30.600  12/1/2020
Reynolds Group Issuer Inc / Reynolds Group Issuer LLC / Reynolds
Group Issuer Lu              REYNOL   7.875   102.140  8/15/2019
Rolta LLC                                                          
                          RLTAIN  10.750    17.625  5/16/2018
SAExploration Holdings Inc                                         
                          SAEX    10.000    47.000  7/15/2019
SFX Entertainment Inc                                              
                          SFXE     9.625     0.265   2/1/2019
SFX Entertainment Inc                                              
                          SFXE     9.625     0.265   2/1/2019
SFX Entertainment Inc                                              
                          SFXE     9.625     0.265   2/1/2019
SFX Entertainment Inc                                              
                          SFXE     9.625     0.265   2/1/2019
Sabine Oil & Gas Corp                                              
                          SOGC     7.250     2.000  6/15/2019
Sabine Oil & Gas Corp                                              
                          SOGC     7.500     2.000  9/15/2020
Sabine Oil & Gas Corp                                              
                          SOGC     7.500     0.564  9/15/2020
Sabine Oil & Gas Corp                                              
                          SOGC     7.500     0.564  9/15/2020
Samson Investment Co                                               
                          SAIVST   9.750     4.162  2/15/2020
SandRidge Energy Inc                                               
                          SD       8.750    34.750   6/1/2020
SandRidge Energy Inc                                               
                          SD       8.750     5.000  1/15/2020
SandRidge Energy Inc                                               
                          SD       7.500     5.250  3/15/2021
SandRidge Energy Inc                                               
                          SD       7.500     5.125  2/15/2023
SandRidge Energy Inc                                               
                          SD       8.125     5.000 10/15/2022
SandRidge Energy Inc                                               
                          SD       8.750    39.900   6/1/2020
SandRidge Energy Inc                                               
                          SD       8.125     5.000 10/16/2022
SandRidge Energy Inc                                               
                          SD       7.500     5.000  2/16/2023
SandRidge Energy Inc                                               
                          SD       7.500     4.860  3/15/2021
SandRidge Energy Inc                                               
                          SD       7.500     4.860  3/15/2021
Sequa Corp                                                         
                          SQA      7.000    15.000 12/15/2017
Sequa Corp                                                         
                          SQA      7.000    15.125 12/15/2017
Sidewinder Drilling Inc                                            
                          SIDDRI   9.750     7.000 11/15/2019
Sidewinder Drilling Inc                                            
                          SIDDRI   9.750     6.875 11/15/2019
Speedy Cash Intermediate Holdings Corp                             
                          SPEEDY  10.750    64.000  5/15/2018
Speedy Cash Intermediate Holdings Corp                             
                          SPEEDY  10.750    63.500  5/15/2018
Speedy Cash Intermediate Holdings Corp                             
                          SPEEDY  10.750    63.250  5/15/2018
Speedy Cash Intermediate Holdings Corp                             
                          SPEEDY  10.750    63.500  5/15/2018
Speedy Group Holdings Corp                                         
                          SPEEDY  12.000    39.500 11/15/2017
Speedy Group Holdings Corp                                         
                          SPEEDY  12.000    39.125 11/15/2017
SquareTwo Financial Corp                                           
                          SQRTW   11.625    10.875   4/1/2017
Stone Energy Corp                                                  
                          SGY      1.750    52.000   3/1/2017
SunEdison Inc                                                      
                          SUNE     5.000    40.250   7/2/2018
SunEdison Inc                                                      
                          SUNE     2.000     4.313  10/1/2018
SunEdison Inc                                                      
                          SUNE     0.250     4.125  1/15/2020
SunEdison Inc                                                      
                          SUNE     2.750     4.250   1/1/2021
SunEdison Inc                                                      
                          SUNE     2.375     5.000  4/15/2022
SunEdison Inc                                                      
                          SUNE     3.375     4.125   6/1/2025
SunEdison Inc                                                      
                          SUNE     2.625     6.000   6/1/2023
Syniverse Holdings Inc                                             
                          SVR      9.125    54.000  1/15/2019
TMST Inc                                                           
                          THMR     8.000    14.000  5/15/2013
Talos Production LLC / Talos Production Finance Inc                
                          TALPRO   9.750    45.950  2/15/2018
Talos Production LLC / Talos Production Finance Inc                
                          TALPRO   9.750    43.875  2/15/2018
TerraVia Holdings Inc                                              
                          TVIA     6.000    55.097   2/1/2018
Terrestar Networks Inc                                             
                          TSTR     6.500    10.000  6/15/2014
TetraLogic Pharmaceuticals Corp                                    
                          TLOG     8.000    25.235  6/15/2019
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     11.500    34.500  10/1/2020
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     10.250     6.640  11/1/2015
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     15.000     6.600   4/1/2021
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     10.250     6.400  11/1/2015
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     11.500    34.500  10/1/2020
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     15.000     6.500   4/1/2021
Texas Competitive Electric Holdings Co LLC / TCEH Finance Inc      
                          TXU     10.250     6.375  11/1/2015
Triangle USA Petroleum Corp                                        
                          TPLM     6.750    22.900  7/15/2022
Triangle USA Petroleum Corp                                        
                          TPLM     6.750    20.250  7/15/2022
UCI International LLC                                              
                          UCII     8.625    22.750  2/15/2019
Vanguard Natural Resources LLC / VNR Finance Corp                  
                          VNR      7.875    39.250   4/1/2020
Venoco Inc                                                         
                          VQ       8.875     3.100  2/15/2019
Verso Paper Holdings LLC / Verso Paper Inc                         
                          VRS      8.750     0.180   2/1/2019
Verso Paper Holdings LLC / Verso Paper Inc                         
                          VRS     11.750    17.000  1/15/2019
Verso Paper Holdings LLC / Verso Paper Inc                         
                          VRS     11.750    17.000  1/15/2019
Violin Memory Inc                                                  
                          VMEM     4.250    42.000  10/1/2019
W&T Offshore Inc                                                   
                          WTI      8.500    25.775  6/15/2019
Walter Energy Inc                                                  
                          WLTG     9.500    19.000 10/15/2019
Walter Energy Inc                                                  
                          WLTG     9.500    19.000 10/15/2019
Walter Energy Inc                                                  
                          WLTG     9.500    19.000 10/15/2019
Walter Energy Inc                                                  
                          WLTG     9.500    19.000 10/15/2019
Walter Investment Management Corp                                  
                          WAC      4.500    34.328  11/1/2019
Warren Resources Inc                                               
                          WRES     9.000     1.466   8/1/2022
Warren Resources Inc                                               
                          WRES     9.000     1.466   8/1/2022
Warren Resources Inc                                               
                          WRES     9.000     1.466   8/1/2022
Washington Mutual Bank / Debt not acquired by JPMorgan             
                          WAMU     6.750     0.000  5/20/2036
iHeartCommunications Inc                                           
                          IHRT    10.000    66.100  1/15/2018
rue21 inc                                                          
                          RUE      9.000    34.500 10/15/2021
rue21 inc                                                          
                          RUE      9.000    34.125 10/15/2021


                            *********

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 ***