TCR_Public/160812.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, August 12, 2016, Vol. 20, No. 225

                            Headlines

22ND CENTURY: Incurs $2.90 Million Net Loss in Second Quarter
40 CHESAPEAKE: Case Summary & 6 Unsecured Creditors
500 NORTH AVENUE: Can Use Cash Collateral Until Oct. 31
ACMD HOLDING: U.S. Trustee Unable to Appoint Committee
ADAMIS PHARMACEUTICALS: Sabby Mgt Reports 7.7% Stake

AKO INTERIOR: Unsecureds to Get 30% Under 6th Amended Plan
ALL PHASE: Cash Use for $172K in Expenses Until Aug. 31 Approved
ALLWAYS EAST: Wants to Obtain DIP Loan From Merchants Automotive
AMERICAN CONTAINER: Wants to Use CM Sterling Cash Collateral
ARMONK SNACK: Seeks March 2017 Plan Filing Deadline Extension

BC EQUITY: Moody's Assigns B3 Corporate Family Rating
BCD ACQUISITION: S&P Assigns 'B' CCR & Rates $670MM Notes 'B'
BELK INC: Bank Debt Trades at 13% Off
BINDER & BINDER: Unsecured Creditors to Get 6.6% to 8.6% Under Plan
BREITBURN ENERGY: Seeks Exclusivity Extension Thru March 11

CANCER GENETICS: Incurs $4.02 Million Net Loss in Second Quarter
CASPIAN SERVICES: Extends CEO's Term by 3 Additional Years
CHICAGO: Schools Budget Uses Pension Overhaul to Close Gap
CHINA FISHERY: Club Lender Parties Seek Ch. 11 Trustee Appointment
CHINA FISHERY: Lenders Call for Trustee to Take Over Company

CHUNG FAT SUPERMARKET: U.S. Trustee Forms 2-Member Committee
COCRYSTAL PHARMA: Incurs $3.2 Million Net Loss in Second Quarter
CRAIG ALLEN NEWHOUSE: U.S. Trustee Unable to Appoint Committee
CRCI HOLDINGS: Moody's Assigns B2 Corporate Family Rating
CS MINING: Hires FTI Consulting to Provide CROs

CYMA CLEANING: Court Confirms Plan, Approves Disclosure Statement
CYRUS WAY HOLDINGS: Hires Larry Feinstein as Counsel
DG3 HOLDINGS: SSG Acted as Investment Banker in Equity Sale
DONALD GAUBE: Files Plan to Exit Chapter 11 Protection
DRYSDALE VILLAGE: Wants to Use AEA Federal Credit Union's Cash

EAST END: Court Narrows Claims vs Amalgamated Bank
ELITE PHARMACEUTICALS: Reports First Quarter Net Income of $1.09M
ENERGY TRANSFER: Bank Debt Trades at 3% Off
EXELIXIS INC: Enters Into Exchange Agreements with Noteholders
FENDER MUSICAL: Moody's Hikes Corporate Family Rating to B1

FINJAN HOLDINGS: Incurs $4.58 Million Net Loss in Second Quarter
FLORIDA FOREST: U.S. Trustee Unable to Appoint Committee
FORESIGHT ENERGY: Incurs $27.7 Million Net Loss in Second Quarter
GATES GROUP: Bank Debt Trades at 2% Off
GAWKER MEDIA: Settling Daily Mail's Defamation Suit

GENON ENERGY: Incurs $116 Million Net Loss in Second Quarter
GLOBAL GEOPHYSICAL: Wants to Access $2-Mil. DIP Facility
GYMBOREE CORP: Bank Debt Trades at 22% Off
HILLSBOROUGH RIVER: Taps Suzy Tate as Counsel
HOOVER GROUP: Ferguson Merger No Impact on Moody's B3 CFR

ILLINOIS POWER: Reports $570 Million Net Loss for Second Quarter
IMAGEWARE SYSTEMS: Incurs $2.42 Million Net Loss in Second Quarter
INTERNATIONAL BRIDGE: Has Until Feb. 2017 to File Plan
INVENTIV HEALTH: Files Copy of Presentation Materials with SEC
ISAACS AUTOMOTIVE: Hires David Lord as Attorney

J-TASTE INC: Unsecured Creditors to Get 14% Under Plan
J. CREW: Bank Debt Trades at 30% Off
JAMES DEWAYNE MANNING: Bid for Appointment of Examiner Granted
JAMUS CORP: Gets Court Approval of Plan to Exit Bankruptcy
JOSEPH KOKROKO: Hearing to Consider Disclosures Set for Sept. 20

KCC INTERNATIONAL: U.S. Trustee Unable to Appoint Committee
KIDS ONLY II: Court to Take Up Liquidating Plan on Sept. 13
LA4EVER, LLC: Can Use Cash Collateral Until Aug. 31
LAST CALL GUARANTOR: Files for Bankruptcy to Pursue Sale
LAST CALL GUARANTOR: Hires Epiq as Claims & Noticing Agent

LES CHEVEUX: Case Summary & 20 Largest Unsecured Creditors
LIQUIDMETAL TECHNOLOGIES: Incurs $824,000 Net Loss in 2nd Quarter
LITE SOLAR: Taps Leslie Cohen as Bankruptcy Counsel
LIVE OAK: Authorized to Use IRS Cash Collateral on Interim Basis
LONG-DEI LIU: Has Until Dec. 8 to Use Cash Collateral

LPATH INC: Incurs $2.66 Million Net Loss in Second Quarter
LYONDELL CHEMICAL: $6.3B Clawback Claim Reinstated
LYONDELL CHEMICAL: Shareholders' Bids to Junk Trustee's Suit OK'd
MANUFACTURERS ASSOCIATES: Can Use Nuvo Cash Until Aug. 31
MD AMERICA: Moody's Withdraws Caa2 Corporate Family Ratings

MEDOMICS LLC: Needs Wells Fargo Approval to Use Cash Collateral
MGM RESORTS: Offering $500-Mil. Senior Unsecured Notes Due 2026
MIKEY AND SUNSHINE: Taps Wells and Jarvis as Attorneys
MO'TREES LLC: Disclosure Statement Hearing Moved to Aug. 26
MO'TREES LLC: Farm Credit Opposes Approval of Disclosure Statement

MUELLER & DRURY: Disclosure Statement Hearing Set for Sept. 14
MURPHY OIL: Moody's Rates New $500MM Unsec. Notes Due 2024 'B1'
MUSCLEPHARM CORP: Incurs $4.19 Million Net Loss in Second Quarter
NAKED BRAND: Says New Sales Team to Drive Growth
NAKED BRAND: Stockholders Elect Seven Directors

NATIONAL CINEMEDIA: Posts $6.8-Mil. Net Income for Second Quarter
NEIMAN MARCUS: Bank Debt Trades at 6% Off
NEONODE INC: Incurs $1.33 Million Net Loss in Second Quarter
NET ELEMENT INC: Elects to Swap $200,000 for Common Shares
NEWASURION CORP: S&P Affirms 'B' CCR, Outlook Remains Positive

OPA-LOCKA, FL: Prosecutors Charge Ex-City Officials of Bribery
OSHUN LLC: Seeks Authorization to Use Cash Collateral
PAGOSA PARTNERS: Case Summary & 9 Unsecured Creditors
PARAGON OFFSHORE: Executes Amendment to Plan Support Agreement
PATRICK O'NEAL CHEVERS: Disclosures OK'd; Aug. 30 Plan Hearing Set

PEABODY ENERGY: Business Plan Approved by Bankruptcy Lenders
PEABODY ENERGY: DIP Lenders Approve Business Plan
PEABODY ENERGY: Lenders Accept Miner's Business Plan
PEDRO LOPEZ MUNOZ: Trustee Appointment Not Warranted, BAP Affirms
PLUG POWER: Incurs $13.1 Million Net Loss in Second Quarter

PROLINE CONCRETE: Can Use Bank of Akron's Cash Until Aug. 15
PUERTO RICO: Treasury Didn't Tell Island to Default, Lawyer Says
QUIZNOS: Former Executives Seek Indemnification
RED RIVER SOUTH: Hires Robert Raley as Attorney
REDPRAIRIE CORP: Bank Debt Trades at 3% Off

REGATTA CONSTRUCTION: Can Use Cash Collateral Until Aug. 31
REVOLVE SOLAR: Wants Authorization to Use Cash Collateral
RICHARD MERRITT: Unsecureds Get Nothing Under Plan
ROCKWELL MEDICAL: Incurs $5.36 Million Net Loss in Second Quarter
RONALD WALTERS: Disclosure Statement Hearing Continued to Oct. 5

ROSETTA GENOMICS: Shareholders OK All Proposals at Annual Meeting
SABINE OIL: Reorganization Plan Takes Effect, Exits Chapter 11
SCIENTIFIC GAMES: Names Kevin Sheehan as New President and CEO
SCOTT SWIMMING: Has Until Aug. 31 to Use Cash Collateral
SEA LEVEL VIEW: Case Summary & Unsecured Creditor

SEQUENOM INC: To be Acquired by LabCorp for $2.40 Per Share
SOLAR POWER: Announces New Management Appointments
STACEY TYLER: Court to Take Up Liquidating Plan on Sept. 22
STELLAR BIOTECHNOLOGIES: Incurs $1.19-Mil. Net loss in 2nd Quarter
STEREOTAXIS INC: Reports 2016 Second Quarter Financial Results

STEVEN PALLADINO: College May Keep Tuition Paid by Bankrupt Parents
SUNCOAST LED: U.S. Trustee Unable to Appoint Committee
SUNEDISON INC: NRG Energy Bids for Wind and Solar Projects
SUNEDISON INC: Three Affiliates' Voluntary Chapter 11 Case Summary
SYSTEM SOLDING: Names James Yan as Counsel

TAYLOR BEAN: PwC Fights $5.6-Bil. Fraud Trial Over Collapse
TIAT CORPORATION: Disclosure Statement Hearing Set for Aug. 24
TOBIN'S RECOVERY: Disclosures OK'd; Plan Hearing Set for Sept. 1
TOTAL COMM: Seeks Authorization to Use Cash Collateral
TRACK GROUP: Incurs $1.78 Million Net Loss in Third Quarter

TRAVELPORT WORLDWIDE: May Issue 8.9M Shares Under Incentive Plan
TRINITY 83: Wants to Use Colfin's Cash Collateral
TXU CORP: 2014 Bank Debt Trades at 67% Off
TXU CORP: 2017 Bank Debt Trades at 67% Off
U.S. STEEL: Comments on Essar-Led Consortium Communication

UCI INTERNATIONAL: Taps Ernst & Young as Tax Advisor
VALEANT PHARMACEUTICAL: Amendment No Impact on Moody's B2 CFR
VALEANT PHARMACEUTICALS: Incurs $302-Mil. Net Loss in 2nd Quarter
VYCOR MEDICAL: Fountainhead Owns 69.68% of Series D Shares
VYCOR MEDICAL: Incurs $305,000 Net Loss in Second Quarter

VYCOR MEDICAL: Peter C. Zachariou Holds 25.7% of Series D Shares
WAFERGEN BIO-SYSTEMS: Reports Results for Second Quarter 2016
WALL STREET SYSTEMS: Moody's Assigns B2 Corp. Family Rating
WANK ADAMS: Hires Lewis Brisbois as Special Litigation Counsel
WAVE SYSTEMS: Hires Baker & Hostetler as Corporate Counsel

WHITING PETROLEUM: To Swap Senior Notes for Common Shares
WILLARD BLANKENSHIP: Kletchko, Unsecured Claims to Get $286,000
WINDMILL RUN: Hires Holthouse Carlin as Tax Advisor
WSB & ASSOCIATES: Unsecured Creditors to Recoup 1% of Claims
X-WING AVIATION: Disclosures OK'd; Plan Hearing Set for Sept. 15

YH LIMITED: Chapter 15 Recognition Hearing Set for September 7
[*] IRS Adopts New Audit Rule to Limit Tax Discharges
[^] BOOK REVIEW: The First Junk Bond

                            *********

22ND CENTURY: Incurs $2.90 Million Net Loss in Second Quarter
-------------------------------------------------------------
22nd Century Group, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.90 million on $2.82 million of revenue for the three months
ended June 30, 2016, compared to a net loss of $1.28 million on
$2.30 million of revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $6.15 million on
$5.84 million of revenue compared to a net loss of $5.40 million on
$2.92 million of revenue for the same period last year.

As of June 30, 2016, 22nd Century had $17.7 million in total
assets, $3.72 million in total liabilities, and $13.7 million in
total shareholders' equity.

As of June 30, 2016, the Company had positive working capital of
approximately $3.51 million compared to positive working capital of
approximately $3.99 million at Dec. 31, 2015, a decrease of
approximately $0.48 million.  The decrease in the Company's working
capital position was mainly a result of the net proceeds received
from a February 2016 registered direct offering of approximately
$5.10 million, offset by cash used in our operating activities of
approximately $5.94 million.  In July 2016 the Company raised $4.7
million of net proceeds in a registered direct offering of units.

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

                      https://is.gd/vpRiir

                       About 22nd Century

Clarence, New York-based 22nd Century Group, Inc., through its
wholly-owned subsidiary, 22nd Century Ltd, is a plant
biotechnology company using technology that allows for the level
of nicotine and other nicotinic alkaloids (e.g., nornicotine,
anatabine and anabasine) in tobacco plants to be decreased or
increased through genetic engineering and plant breeding.

22nd Century reported a net loss of $11.03 million on $8.52 million
of revenue for the year ended Dec. 31, 2015, compared to a net loss
of $15.59 million on $528,991 of revenue for the year ended Dec.
31, 2014.


40 CHESAPEAKE: Case Summary & 6 Unsecured Creditors
---------------------------------------------------
Debtor: 40 Chesapeake St. SE, LLC
        1508 18th St. SE, Apt 2.
        Washington, DC 20020

Case No.: 16-00405

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 11, 2016

Court: United States Bankruptcy Court
       District of Columbia (Washington, D.C.)

Judge: Hon. Martin S. Teel, Jr.

Debtor's Counsel: William C. Johnson, Jr., Esq.
                  LAW OFFICES OF WILLIAM C. JOHNSON, JR.
                  1101 15th St. NW, Suite 910
                  Washington, DC 20005
                  Tel: (202) 525-2958
                  Fax: (202) 525-2961
                  E-mail: wjohnson@dcmdconsumerlaw.com  
                          wcjjatty@yahoo.com

Total Assets: $1.27 million

Total Liabilities: $943,649

The petition was signed by Kevin Green, president.

A copy of the Debtor's list of six unsecured creditors is available
for free at http://bankrupt.com/misc/dcb16-00405.pdf


500 NORTH AVENUE: Can Use Cash Collateral Until Oct. 31
-------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized 500 North Avenue, LLC, to use
the cash collateral of Manual Moutinho, Trustee for Mark IV
Construction Co Inc. 401(k) Savings Plan, on an interim basis, from
Aug. 1, 2016 through Oct. 31,2016.

Manual Moutinho has a first and second priority secured claim
against the Debtor's real property, located at 1794-1796 Barnum
Avenue, Bridgeport, Connecticut, and the rents arising from the
property.

Judge Manning acknowledged that the use of cash collateral on an
interim basis pending a final hearing is necessary to prevent
immediate and irreparable harm to the Debtor’s estate.  She
further acknowledged that without authorization to use cash
collateral, the Debtor’s ability to sustain its operations and
meet its current necessary and integral business obligations will
be impossible.

The approved Budget provides for total monthly expenses in the
amount of $4,371.34 for the months of August and September, and
$5,021.43 for the month of October.

Judge Manning granted Manual Moutinho replacement and/or substitute
liens in post-petition collateral, of the same validity, extent and
priority that Manual Moutinho possessed as to said liens on the
Petition Date.

A further hearing on the Debtor's Motion is scheduled on Oct. 26,
2016 at 11:00 a.m.

A full-text copy of the Order, dated August 3, 2016, is available
at https://is.gd/S5OCE4

                   About 500 North Avenue

500 North Avenue, LLC and Long Brook Stattion, LLC filed chapter 11
petitions (Bankr. D. Conn. Case Nos. 14-31094 and 14-31095) on June
6, 2014. The petitions were signed by Joseph Regensburger, member.
The Debtors are represented by Douglas S. Skalka, Esq., at Neubert,
Pepe, and Monteith, P.C.  The case is assigned to Judge Julie A.
Manning.  

500 North Avenue, LLC estimated assets at $1 million to $10 million
and liabilities at $10 million to $50 million at the time of the
filing.  Long Brook Station, LLC estimated assets at $500,000 to $1
million and liabilities at $1 million to $10 million at the time of
the filing.


ACMD HOLDING: 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 ACMD Holding Corp.

ACMD Holding Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 16-72994) on July 5,
2016.  The Debtor is represented by Anthony J Gallo, Esq., at AJ
Gallo Associates, P.C.


ADAMIS PHARMACEUTICALS: Sabby Mgt Reports 7.7% Stake
----------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission:

    (i) Sabby Healthcare Master Fund, Ltd. and Sabby Volatility
        Master Fund, Ltd. beneficially own 969,300 and 646,200
        shares of Adamis Pharmaceuticals Corporation common stock,
        respectively, representing approximately 4.64% and 3.09%
        of the Common Stock, respectively; and

   (ii) Sabby Management, LLC and Hal Mintz each beneficially
        own 1,615,500 shares of the Common Stock, representing
        approximately 7.73% of the Common Stock.

Sabby Management, LLC and Hal Mintz do not directly own
any shares of Common Stock, but each indirectly owns 1,615,500
shares of Common Stock.  Sabby Management, LLC, a Delaware limited
liability company, indirectly owns 1,615,500 shares of Common Stock
because it serves as the investment manager of Sabby Healthcare
Master Fund, Ltd. and Sabby Volatility Warrant Master Fund, Ltd.,
Cayman Islands companies.  Mr. Mintz indirectly owns 1,615,500
shares of Common Stock in his capacity as manager of Sabby
Management, LLC.

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

                     https://is.gd/CoJcVu

                          About Adamis

San Diego, Calif.-based Adamis Pharmaceuticals Corporation (OTC
QB: ADMP) is a biopharmaceutical company engaged in the
development and commercialization of specialty pharmaceutical and
biotechnology products in the therapeutic areas of respiratory
disease, allergy, oncology and immunology.

Adamis reported a net loss of $13.6 million on $0 of revenue for
the year ended Dec. 31, 2015, compared to a net loss of $9.31
million on $0 of revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, Adamis had $12.7 million in total assets,
$3.96 million in total liabilities and $8.69 million in total
stockholders' equity.

Mayer Hoffman McCann P.C., 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 has incurred recurring losses from operations, and is
dependent on additional financing to fund operations.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern, the auditors noted.


AKO INTERIOR: Unsecureds to Get 30% Under 6th Amended Plan
----------------------------------------------------------
General unsecured creditors of AKO Interior LLC are slated to
receive on a pro rata basis at confirmation 30% of their allowed
claims, according to the sixth iteration of the disclosure
statement detailing the company's Chapter 11 plan of
reorganization.  Dividends will be paid in 60 monthly installment
payments.

General unsecured claims total about $113,780 and are grouped in
Class I under the Plan.  Class I consists of these claims:

     Wells Fargo Bank, NA. is $18,918.91;
     Luxe Media Group is $5,005.58;
     Bank of America is $18,595.72;
     American Express Bank, FSB is $21,768.25;
     American Express Bank, F SB is $1,037.02;
     Advanta Credit Cards is $15,274.44;
     Capital One Bank (USA), NA is $5,703.79;
     Citi Business Card is $5,857.88;
     Citi Business Card is $11,933.36;
     Home Depot Credit Service is $6,982.25;
     Staples Credit Plan is $2,703.05

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

          http://bankrupt.com/misc/nyeb15-42216-0093.pdf

                        About AKO Interior
  
AKO Interior LLC filed a Chapter 11 Petition (Bankr. E.D.N.Y. Case
No. 15-42216) on May 13, 2015, and is represented by Alla Kachan,
Esq. -- alla@kachanlaw.com -- at The Law Offices of Alla Kachan,
P.C.


ALL PHASE: Cash Use for $172K in Expenses Until Aug. 31 Approved
----------------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized All Phase Steel Works, LLC, to
use cash collateral until Aug. 31, 2016.

The Debtor is indebted to, among others:

     (1) The Internal Revenue Service, in the amount of $895,000.
The IRS file liens pre-petition on the Debtor's assets recorded at
the Connecticut Secretary of State's office for withholding taxes
and other federal taxes owed.

     (2) CapCall LLC, in the amount of $294,067.  The indebtedness
is secured by liens and/or security interests in substantially all
of the Debtor's assets.

     (3) Superior Capital, in the amount of $69,147.75.  The
indebtedness is secured by liens and/or security interests in
substantially all of the Debtor's assets.

     (4) Metal Perreault Inc., in the amount of $225,000.  The
indebtedness is secured by a security interest in certain specific
account receivables of the Debtor.

The Debtor represented that it has an immediate and continuing need
for the use of the pre-petition collateral and the proceeds
constituting cash collateral, in order to continue the operation
of, and avoid immediate and irreparable harm to its business, and
to maintain and preserve going concern value.  

The approved Budget for the month of August, provides for total
expenses in the amount of $172,500.

Judge Manning granted the Internal Revenue Service and CapCall, LLC
adequate protection in the form of:

     (1) Post-petition claims against the Debtor's estate, which
shall have priority in payment over any other indebtedness and/or
obligations and over all administrative expenses or charges against
property, subject only to Carve-Out.

     (2) An enforceable and perfected replacement lien and/or
security interest in the Debtor's post-petition assets, equivalent
in nature, priority and extent to the liens and/or security
interests of the IRS and CapCall LLC, in the Pre-Petition
Collateral and its proceeds and products, subject to the
Carve-Out.

Judge Manning granted surety Allegheny Casualty Co., adequate
protection for its interest in undisbursed contract funds from
certain Bonded Projects.  Judge Manning acknowledged that the
Debtor has limited its use of bonded contract funds received from
the Bonded Projects to pay laborers, subcontractors and vendors for
their post-petition labor, services and materials provided to each
Project, and has used excess funds to pay the overhead costs
directly attributable to the costs incurred in completing its work
for that Project with the balance to the Debtor.  Judge Manning
ordered the Debtor to continue using the bonded contract funds and
afforded Allegheny Casualty the right to monitor the Debtor's
compliance by reasonable access to the Debtor's books and records.


The Debtor previously entered into one joint check agreement with
one supplier, Bushwick Metals LLC, requiring that to the extent
that contract funds are owed to the Debtor as a result of materials
or services provided to the Masonicare Project by Bushwick Metals
LLC, payment to Debtor will issue in the form of a joint check made
payable to Debtor and Bushwick Metals LLC.  

Judge Manning authorized the Debtor to discharge its obligation to
afford adequate protection to Allegheny Casualty in regard to the
undisbursed contract funds from the Masonicare Project to the
extent of all parties' continued compliance with the Joint Check
Agreement.  She ordered the Debtor to enter into such other or
further joint check agreements associated with contract funds owed
to Debtor as a result of labor, materials or services provided to
the Project by other subcontractor or vendors.

Judge Manning held that the following limited expenses of the
Debtor's estate will be deemed to have a lien prior in right to
satisfaction from the Debtor's property generated post-petition,
including cash collateral, which lien will be senior to the
replacement liens or any other liens:

     (a) the allowed administrative claims of attorneys and other
professionals retained by the Debtor in the Case in the aggregate
amount of $35,000.00;

     (b) amounts payable to pursuant to 28 U.S.C. Section
1930(a)(6); and

     (c) any wages owed for the period covered by the Court's
Order.

A further hearing on the continued use of cash collateral is
scheduled on Aug. 31, 2016 at 12:00 p.m.  The deadline for the
filing of objections to the continued use of cash collateral is set
on Aug. 26, 2016 at 4:00 p.m.

A full-text copy of the Order, dated Aug. 3, 2016, is available at
https://is.gd/9pBB9z

               About All Phase Steel Works

All Phase Steel Works, LLC filed a chapter 11 petition (Bankr. D.
Conn. Case No. 16-50257) on Feb. 23, 2016.  The petition was signed
by Paul J. Pinto, member/manager.  The Debtor is represented by
James M. Nugent, Esq., at Harlow, Adams & Friedman, P.C.  The case
is assigned to Judge Julie A. Manning.  The Debtor disclosed total
assets at $2.65 million and total liabilities at $4.08 million at
the time of the filing.


ALLWAYS EAST: Wants to Obtain DIP Loan From Merchants Automotive
----------------------------------------------------------------
Allways East Transportation Inc. asks the U.S. Bankruptcy Court for
the Southern District of New York for authorization to incur
post-petition secured indebtedness from Merchants Automotive Group,
Inc.

The Debtor relates that its Dutchess County contract currently
represents approximately 30% of its current revenues and is by far
its most profitable contract, throwing off net profit in excess of
$1,000,000 per year.  The Debtor further relates that this contract
alone makes the Debtor cumulatively profitable and will form the
basis for its reorganization plan.

The Debtor tells the Court that Dutchess County has requested that
the Debtor obtain its performance bond on or before August 15,
2016.  The Debtor further tells the Court that the borrowings will
permit it to obtain the performance bond needed for the renewal of
the Duchess County contract.

The Debtor projects total costs of services in the amount of
$4,587,504 for the Duchess County contract.

Merchants Automotive Group leases out vehicles to the Debtor for
exclusive use in the Dutchess business.  The Debtor contends that
Merchants Automotive Group expressed its willingness to assist the
Debtor in obtaining a performance bond on the Debtor’s behalf in
the form of issuance of a letter of credit needed to secure the
Debtor’s performance under the required bond, since the Debtor
has no ability on its own to obtain a letter of credit.

The Debtor says that it has secured Endurance Insurance, a surety
company willing to issue the Debtor a performance bond for Dutchess
County, provided the Debtor obtains a $300,000 letter of credit,
and obtains Court authority to enter into documentation and
agreements that are routinely required by Endurance Insurance to
issue the bond.

The DIP Loan contains, among others, the following relevant terms:

     (a) Borrowers: Allways East Transportation, Inc. and Allways
North Transportation, Inc.

     (b) Type/Amount: A line of credit not to exceed the maximum
principal amount of $325,000 and a letter of credit facility in the
maximum amount of $300,000.

     (c) Availability/Purpose:  The DIP Loan shall be made
available to the Borrowers in accordance with the DIP Documentation
for the payment of administrative expense claims, cure costs and
attorneys’ fees associated with the Lease, for the payment of
bank fees, lender’s attorneys’ fees and costs associated with
the DIP Loan and obtaining a letter of credit, and for other costs
and expenses necessary for the reorganization of the Debtor.

     (d) Closing Date: On a date agreed to by the parties within 30
days of the Bankruptcy Court’s entry of an order approving the
DIP Loan, the parties shall execute an promissory note, security
agreement, and other documentation to the satisfaction of Merchants
evidencing the transaction.

     (e) Maturity: The DIP Loan shall be payable in full on the
first day of the 24th month following the Closing Date.

     (f) Interest Rate: The DIP Loan shall accrue interest at the
rate of five percent per annum.

     (g) Collateral: As collateral for the DIP Loan, Merchants
Automotive Group will be granted:

          (i) a perfected first priority lien, senior to all other
interests except for an existing disputed third-party lien, the
value of which does not exceed $88,000, in the Borrowers’
accounts receivable existing as of the Petition Date or thereafter
acquired and the proceeds therefrom;

          (ii) a perfected first priority lien on at least 92
presently unencumbered vehicles presently owned by the Borrowers;
and

          (iii) a perfected first priority lien on all vehicles
presently subject to any Lease Schedule as the Debtor pays off its
obligations under the Lease with respect to such vehicles.

     (h) Adequate Protection and Use of Cash Collateral:  The
Borrowers shall ensure that the value of current, non-delinquent,
accounts receivable is at all times an amount greater than 75% of
the balance remaining on the DIP Loan.  If at any point prior to
the Maturity Date, the value of current, non-delinquent, accounts
receivable drops below this threshold, the Borrowers shall make an
additional payment of principal to reduce the amount due under the
DIP Loan until this condition is satisfied.  The Debtor’s use of
cash collateral shall be permitted during the Bankruptcy Case
provided the Debtor maintains an account receivable threshold of at
least 75% of the balance remaining on the DIP Loan.  The Borrowers
shall provide Merchants Automotive Group with monthly reports of
their accounts receivable to ensure compliance with this
provision.

A full-text copy of the Debtor's Motion, dated August 9, 2016, is
available at https://is.gd/VE6fF1

A full-text copy of the DIP Loan Term Sheet, dated August 9, 2016,
is available at https://is.gd/rzCQVY

A full-text copy of the Debtor's Projection for the Duchess County
contract, dated August 9, 2016, is available at
https://is.gd/g4o72B

              About Allways East Transportation, Inc.

Headquartered in Yonkers, New York, Allways East Transportation
Inc. filed for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y.
Case No. 16-22589) on April 28, 2016, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Marlaina Koller, vice president.  

Judge Robert D. Drain presides over the case.

Erica Feynman Aisner, Esq., and Julie Cvek Curley, Esq., at
Delbello Donnellan Weingarten Wise & Wiederkehr, LLP, serves as the
Debtor's bankruptcy counsel.

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


AMERICAN CONTAINER: Wants to Use CM Sterling Cash Collateral
------------------------------------------------------------
American Container, Inc., asks the U.S. Bankruptcy Court for the
Western District of Tennessee for authorization to obtain credit
and use the cash collateral of CM Sterling, LLC.

The Debtor is indebted to CM Sterling in the amount of $173,334.

The Debtor relates that CM Sterling currently holds a valid
perfected security interest in substantially all of the personal
property of the Debtor, including accounts receivable.   The Debtor
further relates that D&D Packaging, Inc. has a junior security
interest in substantially the same assets.

The Debtor tells the Court that it will use cash collateral to  pay
ordinary and necessary expenses in connection with administering
the Chapter 11 case.

The Debtor's proposed Budget covers the period beginning July 15,
2016 and ending Oct. 15, 2016.  The Budget provides for total
expenses in the amount of $7,200 for the periods July 15, 2016 to
Aug. 15, 2016, and Aug. 15, 2016 to Sept. 15, 2016, and $12,850 for
the period Sept. 15, 2016 to Oct. 15, 2016.

The Debtor proposes to grant the Bank adequate protection in the
form of a first lien on the Debtor's personal property of any kind
and nature whatsoever, including all of the prepetition collateral
and any unused or unearned retainers, deposits or prepaid items,
and a lien on all real property of the Debtor subject to all
existing, valid prior liens.

A full-text copy of the Debtor's Motion, dated Aug. 3, 2016, is
available at https://is.gd/Van3P8

A full-text copy of the Debtor's proposed Budget, dated Aug. 3,
2016, is available at https://is.gd/fST7CJ

                    About American Container, Inc.

American Container, Inc. filed a chapter 11 petition (Bankr. W.D.
Tenn. Case No. 16-26399) on July 15, 2016.  The petition was signed
by Steve Harris, president.  The Debtor is represented by Russel W.
Savory, Esq., at Beard & Savory, PLLC.  The case is assigned to
Judge Paulette J. Delk.  The Debtor disclosed total assets at $2.55
million and total debts at $4.30 million at the time of the
filing.



ARMONK SNACK: Seeks March 2017 Plan Filing Deadline Extension
-------------------------------------------------------------
Armonk Snack Mart, Inc., asks the U.S. Bankruptcy Court for the
Southern District of New York to extend until March 31, 2017, its
exclusive period within which to file a Chapter 11 Small Business
Plan and solicit acceptances of such plan, and the time within
which to file a Plan and to solicit acceptances.

The Debtor relates that it has filed a Chapter 11 plan but such
plan should be amended depending upon the status of the Lease and
claims against the Landlord and Gas Land.  The Debtor says its
business is impacted by factors over which it has no control, such
as the weather and oil prices. Its ability to formulate a plan is
impacted by the Appeals, the status of the Lease and other various
litigations. Its ability to reorganize will be affected by the
dispositions of the litigations.

The Debtor adds that it has taken appeals of three orders entered
by the Court pertaining to the Lease, namely: (a) the Order denying
the assumption motion, (b) the Order remanding the Landlord Tenant
Action to the North Castle Justice Court, and (c) the Order
remanding the Foreclosure Action to the New York Supreme Court. The
appeals have not been fully perfected and are not expected to be
fully perfected until the fall of 2016.

Counsel for the Debtor:

     Anne J. Penachio, Esq.
     Penachio Malara LLP
     235 Main Street, Sixth Floor
     White Plains, NY 10601
     Tel: (914) 946-2889
     Fax: (914) 946-2882
     Email: apenachio@pmlawllp.com

           About Armonk Snack Mart

Armonk Snack Mart, Inc. owns and manages a gasoline service station
and convenience store located at 360 Main Street, Armonk, New York.
The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 15-22375) on March 24, 2015.  The
Debtor did not disclose its assets and liabilities at the time of
its filing.


BC EQUITY: Moody's Assigns B3 Corporate Family Rating
-----------------------------------------------------
Moody's Investors Service assigned a first-time B3 Corporate Family
Rating and a B3-PD Probability of Default Rating ("PDR") to BC
Equity Ventures LLC ("Bay Club"). Moody's also assigned Ba3 ratings
to the company's proposed $20 million super-priority revolving
credit facility and $75 million asset sale bridge loan, and a B3
rating to the proposed $350 million senior secured term loan. The
rating outlook is stable.

Proceeds from the bridge loan and term loan will be used to
refinance the company's existing $396 million of debt, fund
acquisitions, and pay for fees and expenses. Within six months, the
company expects to sell one of its properties and use the proceeds
to repay the $75 million bridge loan, fund the redevelopment of
that club, and pay related fees, expenses and taxes. Moody's
considers all credit metrics on a pro-forma basis for the sale of
this property, which Bay Club is under a binding contract to sell
at a previously agreed upon price within a year.

Moody's assigned the following ratings to BC Equity Ventures LLC:

   -- Corporate Family Rating, assigned at B3

   -- Probability of Default Rating, assigned at B3-PD

   -- $20 million super priority revolver expiring 2021,    
      assigned Ba3 (LGD1)

   -- $75 million bridge loan due 2017, assigned Ba3 (LGD1)

   -- $350 million senior secured term loan due 2022, assigned B3
      (LGD4)

   -- Stable outlook

RATINGS RATIONALE

Bay Club's B3 CFR is constrained by the company's small size, with
less than $200 million in revenues generated from 20 clubs, and its
high geographic concentration in coastal California. The rating
also reflects Bay Club's high leverage in the upper-5 times
(Moody's-adjusted as of Q1 2016, pro-forma for the repayment of the
bridge loan), acquisitive growth strategy, and typical risks
associated with private equity ownership. Nevertheless, the rating
benefits from Bay Club's high operating margins, sticky customer
base, track record of stable performance, and good near-term
liquidity.

Moody's expects the company to have good liquidity in the next
12-15 months based on $20-30 million of projected annual free cash
flow, full revolver availability and a covenant-lite debt
structure.

The Ba3 rating of the proposed revolver reflects its first-priority
interest in any proceeds from the sale of the credit agreement
collateral (other than the aforementioned property to be sold), as
well as subsidiary guarantees. The bridge loan, which is also rated
Ba3, is ranked below the super-priority revolver but ahead of the
term loan in the waterfall of liabilities, reflecting its payment
priority with respect to the property to be sold and its near-term
maturity. The B3 rating of the term loan reflects its predominance
in the capital structure and its second-priority interest in
substantially all assets of the company and its subsidiaries. All
instruments will benefit from guarantees of a parent holding
company and all of its domestic wholly-owned subsidiaries.

The stable outlook reflects Moody's expectations that Bay Club will
modestly grow revenue and EBITDA and maintain good liquidity. In
addition, the outlook assumes the bridge loan will be repaid within
one year and that proceeds will be used as outlined in the
refinancing transaction.

The ratings could be downgraded if liquidity deteriorates for any
reason, or operating performance declines such that debt/EBITDA
approaches 7 times or EBITA/interest expense declines to 1.25
times.

A ratings upgrade would require an increase in the company's scale
and greater geographic diversity. The ratings could be upgraded if
the company sustains solid earnings growth such that debt/EBITDA
approaches 4.5 times and EBITA/interest expense is above 2 times,
while maintaining good liquidity.

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

BC Equity Ventures LLC ("Bay Club") is a membership-based
hospitality company that operates 20 clubs in the San Francisco,
Los Angeles and San Diego areas of California. The company's clubs
offer amenities that combine the elements of fitness, sports,
hospitality and family. Bay Club was acquired in 2014 by York
Capital Management and reported revenues of approximately $185
million in 2015.


BCD ACQUISITION: S&P Assigns 'B' CCR & Rates $670MM Notes 'B'
-------------------------------------------------------------
S&P Global Ratings said that it has assigned its 'B' corporate
credit rating to Mt. Pleasant, Texas-based BCD Acquisition Inc.
(Big Tex).  The company is the indirect parent of Big Tex Trailer
Manufacturing Inc. and other affiliated companies involved in the
production, distribution, and aftermarket servicing of utility,
cargo, and other trailers.

At the same time, S&P assigned its 'B' issue-level rating and '4'
recovery rating to the company's proposed $670 million senior
secured notes.  The '4' recovery rating indicates S&P's expectation
for average (30%-50%; upper half of the range) recovery in the
event of a payment default.  The proposed $100 million asset-based
lending (ABL) facility is unrated.

"Our ratings on Big Tex reflect the company's exposure to cyclical
end markets as more than half of its sales are to customers in the
agricultural, construction, and automotive industries," said S&P
Global credit analyst James Siahaan.  The demand for trailers can
ebb during cyclical troughs when customers may opt to extend the
useful life of their existing units and delay new orders.  This
weakness is partially offset by Big Tex's leading position as a
manufacturer and distributor of professional- and consumer-grade
trailers, parts, and accessories in North America, a position which
it will fortify with the proposed acquisition of ATW.  The company
intends to use the proceeds from the senior secured notes, along
with an incremental $131 million equity contribution, to finance
the merger and refinance or repay its existing debt (including a
$285 million promissory note).  Big Tex is also issuing a $100
million unrated ABL facility, which will be undrawn at the close of
the transaction.

The stable outlook on Big Tex reflects S&P's expectation that the
company's leading market position, along with the realization of
the expected procurement synergies from its acquisition of ATW,
should support a solid operating performance and an adjusted
debt-to-EBITDA ratio that is either in -- or favorably comparable
to -- the 5x-6x range.  The company's good relationships with its
dealers and distribution outlets and the low cost of its products
compared with its end customers' total project costs should support
its operating performance, though the demand for Big Tex's trailers
may ebb during cyclical troughs.  Given Big Tex's ownership by
financial sponsor Bain Capital, the company may potentially provide
debt-funded returns to its equity holders.

S&P could lower its ratings on Big Tex if a significant decline in
its earnings or a large debt-financed acquisition or shareholder
return causes its total debt-to-EBITDA metric to exceed 6x without
clear prospects for recovery.  This could occur if the company
faces volume declines from cancelled construction projects, lower
truck sales, reduced consumer trailer sales due to lower sales of
all-terrain vehicles and other discretionary items, the loss of a
key big box retail customer, or an inability to effectively manage
its cost structure.  Based on S&P's downside scenario, this could
occur if Big Tex's operating margins weaken by more than 200 basis
points (bps).

"Given our current assessment of Bain Capital's financial policies,
we view an upgrade over the next 12 months as unlikely. However, we
could raise our ratings on Big Tex 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 the
continued enhancement of its market position and product offerings
and improved pricing and operating efficiencies," S&P said.


BELK INC: Bank Debt Trades at 13% Off
-------------------------------------
Participations in a syndicated loan under BELK, Inc is a borrower
traded in the secondary market at 87.40 cents-on-the-dollar during
the week ended Friday, July 29, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
1.50 percentage points from the previous week.  BELK, Inc pays 450
basis points above LIBOR to borrow under the $1.5 billion facility.
The bank loan matures on Nov. 19, 2022 and carries Moody's B2
rating and Standard & Poor's B+ rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended July
29.


BINDER & BINDER: Unsecured Creditors to Get 6.6% to 8.6% Under Plan
-------------------------------------------------------------------
Binder & Binder - The National Social Security filed with the U.S.
Bankruptcy Court for the Southern District of New York a Chapter 11
plan and disclosure statement to facilitate the orderly
adjudication of all or substantially all of the Debtors' existing
Social Security Administration Cases and Department of Veterans
Affairs Cases over a three-year period and enable the Debtors to
monetize their other assets and fund the distributions to holders
of allowed claims.

Class 5 - General Unsecured Claims are impaired and will receive
their pro rata share of (a) GUC Distribution Fund in installments
totaling $800,000 in the aggregate, and (b) the Net GUC Excess
Cash. The estimated allowed amount of Class 5 Claims is $9.3
million to $12.0 million.  Holders of Class 5 Claims are
anticipated to recover 6.6% to 8.6% of their allowed claims.

Stellus, which holds a $17,025,861 unsecured claim, is impaired and
is estimated to recover 4.6% of its allowed claim.

The Debtors propose a Sept. 6 Voting Deadline and a Sept. 13 Plan
Confirmation Hearing.

A full-text copy of the Disclosure Statement dated Aug. 1, 2016, is
available at http://bankrupt.com/misc/nysb14-23728-630.pdf

                     About Binder & Binder

Founded in 1979 by brothers Harry and Charles Binder, Binder &
Binder is the nation's largest provider of social security
disability and veterans' benefits advocacy services, with operating
scale and efficiencies unrivaled by its competitors in the highly
fragmented advocacy market.  The Company has more than 950
employees in 35 offices across the United States.  In 2010, H.I.G.
Capital, LLC, acquired a controlling equity interest in the
Company.  Since 1979, the Company has handled over 300,000
disability cases under programs operated by the SSA and the VA.

Binder & Binder - The National Social Security Disability Advocates
(NY), LLC, et al., sought Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 14-23728) in White Plains, New York on
Dec.18, 2014.  The cases are assigned to Judge Robert D. Drain.

The Debtors have tapped Kenneth A. Rosen, Cassandra Porter, Esq.,
and Nicholas B. Vislocky, Esq., at Lowenstein Sandler as counsel.
The Debtors have engaged Development Specialists, Inc., as
financial advisor, and BMC Group Inc. as claims and notice agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in the Debtors' cases.  The Committee is now comprised of
(i) United Service Workers Union, Local 455 IUJAT & Related Funds,
(ii) T&G Industries, Inc., (iii) WB Mason Co., and (iv)
Teaktronics, Inc.  The Committee tapped Klestadt Winters Jureller
Southard & Stevens, LLP, as attorneys.

                          *     *     *

The Debtors originally arranged from existing lenders DIP financing
of $26 million, which provided for the payment in full, or roll-up,
of the $23 million of prepetition indebtedness and an additional
commitment of up to $3 million to fund the Debtors' operations
during the Chapter 11 cases.  On Jan. 26, 2015, the Initial DIP
Lenders issued a notice that events of default had occurred.

In March 2015, the Debtors won approval to obtain a new $6 million
term loan from Stellus Capital Investment Corporation secured by a
first-priority priming lien on all of the Debtors' assets.

On Oct. 29, 2015, the Court entered an order granting Stellus'
motion for termination of the Debtors' exclusive plan filing and
solicitation periods pursuant to Section 1121(d) of the Bankruptcy
Code.

On Nov. 18, 2015, Stellus Capital and the Creditors Committee filed
a Joint Plan of Liquidation for the Debtors, and on Jan. 15, 2016,
they filed a First Amended Joint Plan of Reorganization.  The
original hearing on the Proponents' Disclosure Statement has been
further adjourned for April 22, 2016.


BREITBURN ENERGY: Seeks Exclusivity Extension Thru March 11
-----------------------------------------------------------
BankruptcyData.com reported that Breitburn Energy Partners filed
with the U.S. Bankruptcy Court a motion to extend the exclusive
period during which the Company can file a Chapter 11 plan and
solicit acceptances thereof through and including March 11, 2017
and May 10, 2017, respectively. The motion explains, "The Debtors
have responded to the exigent demands of these chapter 11 cases and
have worked diligently with the Creditors' Committee and their
first and second lienholders to advance the reorganization process.
The Debtors should be afforded a full, fair, and reasonable
opportunity to negotiate, propose, file, and solicit acceptances of
a chapter 11 plan. This first requested extensions of the Exclusive
Periods are warranted and necessary to afford the Debtors a
meaningful opportunity to pursue the chapter 11 reorganization
process and build a consensus among their economic stakeholders,
all as contemplated by chapter 11 of the Bankruptcy Code." The
Court scheduled an August 23, 2016 hearing on the motion, with
objections due by August 16, 2016.

                     About Breitburn Energy

Breitburn Energy Partners LP and 21 of its affiliates filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Lead Case No. 16-11390) on May 15, 2016,
listing assets of $4.71 billion and liabilities of $3.41 billion.

Breitburn Energy et al., are an independent oil and gas partnership
engaged in the acquisition, exploitation and development of oil and
natural gas properties, Midstream Assets, and a combination of
ethane, propane, butane and natural gasolines that when removed
from natural gas become liquid under various levels of higher
pressure and lower temperature, in the United States. The Debtors
conduct their operations through Breitburn Parent's wholly-owned
subsidiary, Breitburn Operating LP, and BOLP's general partner,
Breitburn Operating GP LLC.

The Debtors have engaged Weil Gotshal & Manges LLP as counsel,
Alvarez & Marsal North America, LLC as financial advisor, Lazard
Freres & Co. LLC as investment banker, and Prime Clerk LLC as
claims and noticing agent. Curtis, Mallet-Prevost, Colt & Mosle
LLP serves as their conflicts counsel.

The cases are pending before the Honorable Stuart M. Bernstein.

The U.S. trustee for Region 2 appointed three creditors of
Breitburn Energy Partners LP and its affiliates to serve on the
official committee of unsecured creditors. The committee retained
Milbank, Tweed, Hadley & McCloy LLP as its legal counsel.


CANCER GENETICS: Incurs $4.02 Million Net Loss in Second Quarter
----------------------------------------------------------------
Cancer Genetics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $4.02 million on $7 million of revenue for the three months
ended June 30, 2016, compared to a net loss of $4.98 million on
$4.18 million of revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2015, the Company reported a net
loss of $9.28 million on $13.06 million of revenue compared to a
net loss of $9.25 million on $8.55 million of revenue for the same
period last year.

As of June 30, 2016, Cancer Genetics had $44.2 million in total
assets, $15.07 million in total liabilities and $29.15 million in
total stockholders' equity.

"We believe that our current cash will support operations for at
least the next 6 months.  We are actively discussing opportunities
for additional equity or debt financing, and we are taking steps to
improve our operating cash flow.  We can provide no assurances that
our current actions will be successful or that any additional
sources of financing will be available to us on favorable terms, if
at all, when needed.  Our forecast of the period of time through
which our current financial resources will be adequate to support
our operations and the costs to support our general and
administrative, sales and marketing and research and development
activities are forward-looking statements and involve risks and
uncertainties.

"The continuation of the Company as a going concern is dependent on
the ability of the Company to obtain necessary debt and/or equity
financing to continue operations.  These interim consolidated
financial statements do not include any adjustments to the
recoverability and classification of recorded asset amounts and
classification of liabilities that might be necessary should the
Company be unable to continue as a going concern," the Company said
in the report.

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

                     https://is.gd/lbOWKq

                     About Cancer Genetics

Rutherford, N.J.-based Cancer Genetics, Inc., is an early-stage
diagnostics company focused on developing and commercializing
proprietary genomic tests and services to improve and personalize
the diagnosis, prognosis and response to treatment (theranosis) of
cancer.

Cancer Genetics reported a net loss of $20.2 million on $18.0
million of revenue for the year ended Dec. 31, 2015, compared to a
net loss of $16.6 million on $10.2 million of revenue for the year
ended Dec. 31, 2014.


CASPIAN SERVICES: Extends CEO's Term by 3 Additional Years
----------------------------------------------------------
Caspian Services, Inc., entered into Addendum #2 to the Employment
Agreement of Alexey Kotov, dated Aug. 4, 2016.  Mr. Kotov is the
Company's chief executive officer and president and serves on the
Company's board of directors.  Subject to approval by the Company's
board of directors, Addendum #2 extends the term of Mr. Kotov's
existing employment agreement with the Company for a term of three
years commencing on Aug. 1, 2016.  All other terms and conditions
of Mr. Kotov's existing employment agreement are unchanged, remain
in full force and effect and will continue through the term of
Addendum #2.

                     About Caspian Services

Headquartered in Salt Lake City, Caspian Services, Inc., was
incorporated under the laws of the state of Nevada on July 14,
1998.  Since February 2002 the Company has concentrated its
business efforts to provide diversified oilfield services to the
oil and gas industry in western Kazakhstan and the Caspian Sea,
including providing a fleet of vessels, onshore, transition zone
and marine seismic data acquisition and processing services and a
marine supply and support base in the port of Bautino, in Bautino
Bay, Kazakhstan.

Caspian reported a net loss of $33.2 million on $16.4 million of
total revenues for the year ended Sept. 30, 2015, compared to a net
loss of $18.8 million on $29.9 million of total revenues for the
year ended Sept. 30, 2014.  As of March 31, 2016, the Company had
$33.38 million in total assets, $114.33 million in total
liabilities, all current, and a total deficit of $80.94 million.

Haynie & Company, P.C., in Salt Lake City, Utah, the Company's
independent accounting firm, included a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2015.


CHICAGO: Schools Budget Uses Pension Overhaul to Close Gap
----------------------------------------------------------
Elizabeth Campbell, writing for Bloomberg News, reported that
Chicago school officials presented a budget that relies on the
state of Illinois passing an overhaul of its underfunded pension
system and assumes that the teachers' union will agree to pay more
into their retirement funds.

According to the report, the $5.4 billion operating budget for the
fiscal year that began July 1 is more than $230 million smaller
than last year's spending plan, district officials said.  The plan
relies on the state providing the district with an additional $215
million for its pension bills, which lawmakers and Governor Bruce
Rauner have agreed to shell out only if the state comes up with a
plan to restructure its own retirement system, the report related.

"The fiscal '17 Chicago public schools' budget is balanced without
gimmicks or without operational borrowing," the report said, citing
Forrest Claypool, chief executive officer of the school system, as
telling reporters.  "Today marks the return to financial stability
for the coming school year."

The report related that the district won some relief from
Illinois's stopgap budget.  The six-month spending plan approved at
the end of June allows Chicago to establish a property tax levy up
to $250 million specifically to help cover the teachers' pension
fund, the report further related.  The retirement system was only
52 percent funded as of June 30, 2015, the report said.  The school
system also secured $131 million of additional state funding from a
so-called equity grant to bolster districts with high
concentrations of students in poverty, the report added.


CHINA FISHERY: Club Lender Parties Seek Ch. 11 Trustee Appointment
------------------------------------------------------------------
BankruptcyData.com reported that CooperatieveRabobank, Standard
Chartered Bank (Hong Kong), China CITIC Bank International and DBS
Bank (Hong Kong) (collectively, the "Club Lender Parties") filed
with the U.S. Bankruptcy Court a motion for the entry of an order
directing the appointment of a Chapter 11 trustee for China the
Fishery Group case. The motion explains, "This Motion seeks
appointment of a Chapter 11 trustee because it is in the interests
of the creditors and other interests of the estate; a natural
remedy in a climate where the Debtors and their affiliates cannot
publish audited accounts (for over a year) due to a pending
forensic accounting investigation and commenced these and three
other global insolvency proceedings for the express purpose of
stopping a sale that had been ongoing in an effort to repay
defaulted debt in excess of $700 million. A Chapter 11 trustee is
appropriate in these cases because, among other reasons: The
Debtors' creditors lack confidence in management's ability to
fairly look out for creditor interests in these cases rather than
the Ng family interests that control these companies through their
ultimate shareholdings in Debtor N.S. Hong Investment (BVI); The Ng
family interests likely conflict with the Debtors' interests due to
the extensive intercompany debts between the various debtor
entities and non-debtor entities, which are massive and controlled
by the same or similar management. The Debtors have halted a sale
process of the Debtors' key asset, a Peruvian business, the sale of
which would generate proceeds to repay the Club Lender Parties and
other creditors; The Debtors have not identified any plan or
strategy for moving forward in these cases beyond simply delaying
any sale and stretching out creditors for several years while
avoiding meaningful independent fiduciary oversight and waiting for
the weather to change and the global economy to improve and already
in these cases, critical financial creditors have offered to
forebear and provide funding to permit these cases to move forward
and to enable a liquidity event to occur for the Debtors' main
asset; yet, the Debtors have rejected this opportunity, choosing
instead to pursue this litigation."

                  About China Fishery Group

China Fishery Group Limited (Cayman) and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S. D.
N.Y. Case No. 16-11895) on June 30, 2016.  The petition was signed
by Ng Puay Yee, chief executive officer.  

The case is assigned to Judge James L. Garrity Jr.

At the time of the filing, the Debtor estimated its assets at $500
million to $1 billion and debts at $10 million to $50 million.

Howard B. Kleinberg, Esq., Edward J. LoBello, Esq. and Jil
Mazer-Marino, Esq. of Meyer, Suozzi, English & Klein, P.C. serve as
legal counsel.  The Debtor has tapped Goldin Associates, LLC, as
financial advisor and RSR Consulting LLC as restructuring
consultant.


CHINA FISHERY: Lenders Call for Trustee to Take Over Company
------------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that lenders owed more than $700 million have called for
an independent trustee to take over a bankruptcy liquidation of
China Fishery Group, which they have accused of stalling efforts to
repay them.

According to the report, in court papers filed with the U.S.
Bankruptcy Court in Manhattan, lawyers for the lender group said
they see "grave risk" in allowing the family that founded and
controls the company -- the Ng family -- to remain in charge.

"The need for transparency and independent oversight has been a
substantial concern of the [lenders] for some time," the lawyers
said, the report related.  "The stakeholders have lost all faith in
the Ng family properly using chapter 11 to best serve creditors’
interests."

Ng Puay Yee, the company's chief executive officer, has hinted that
lenders may try to wrest control of the company away from its
current management, the report further related.  In court papers
filed in June when China Fishery sought chapter 11 protection, Mr.
Ng said his business was "in jeopardy as a result of the aggressive
and improper acts by certain lenders," the report said.

Lenders, he said, have "grown impatient" and would rather pursue a
"fire sale" of the company's assets than try to streamline its
operations through a reorganization, the report added.

                   About China Fishery Group

China Fishery Group Limited (Cayman) and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 16-11895) on June 30, 2016.  The petition was signed by Ng
Puay Yee, chief executive officer.  

The case is assigned to Judge James L. Garrity Jr.

At the time of the filing, the Debtor estimated its assets at $500
million to $1 billion and debt at $10 million to $50 million.


CHUNG FAT SUPERMARKET: U.S. Trustee Forms 2-Member Committee
------------------------------------------------------------
The U.S. trustee for Region 2 on August 5 appointed two creditors
of Chung Fat Supermarket, Inc., to serve on the official committee
of unsecured creditors.

The committee members are:

     (1) Sun Mind Jan, Inc.
         111 Hester Street
         New York, NY 10002
         Attn: Benjamin Chan
         Tel. (212) 965-8833

     (2) Tai He Trading Corp.
         32-33 Hunters Point Ave.
         Long Island City, NY 11101
         Attn: Xu Ming Ren
         Tel. (718) 361-2501

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

                  About Chung Fat Supermarket

Chung Fat Supermarket, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. N.Y. Case No. 15-45685) on
December 21, 2015.  The petition was signed by Yue Meing Jiang,
Co-CEO.  

At the time of the filing, the Debtor disclosed $1.87 million in
assets and $9.41 million in liabilities.


COCRYSTAL PHARMA: Incurs $3.2 Million Net Loss in Second Quarter
----------------------------------------------------------------
Cocrystal Pharma, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.22 million on $0 of grant revenues for the three months ended
June 30, 2016, compared to a net loss of $2.62 million on $27,000
of grant revenues for the same period last year.

For the six months ended June 30, 2016, the Company reported a net
loss of $7.23 million on $0 of grant revenues compared to a net
loss of $19.16 million on $53,000 of grant revenues for the six
months ended June 30, 2015.

As of June 30, 2016, Cocrystal Pharma had $220.14 million in total
assets, $53.31 million in total liabilities and $166.83 million in
total stockholders' equity.

"We have a history of operating losses as we have focused our
efforts on raising capital and research and development activities.
The Company's consolidated financial statements are prepared using
generally accepted accounting principles in the United States of
America applicable to a going concern, which contemplates the
realization of assets and the satisfaction of liabilities in the
normal course of business.  The Company has never been profitable,
has no products approved for sale, has not generated any revenues
to date from product sales, and has incurred significant operating
losses and negative operating cash flows since inception.  For the
year ended December 31, 2015, the Company recorded a net loss of
approximately $50.1 million and used approximately $10.3 million of
cash in operating activities. For the six months ended June 30,
2016, the Company recorded a net loss of approximately $7.2 million
and used approximately $9.2 million of cash for operating
activities.

"As the Company continues to incur losses, achieving profitability
is dependent upon the successful development, approval and
commercialization of its product candidates, and achieving a level
of revenues adequate to support the Company's cost structure.  The
Company may never achieve profitability, and unless and until it
does, the Company will continue to need to raise additional
capital.  Management intends to fund future operations through
additional private or public equity offering and may seek
additional capital through arrangements with strategic partners or
from other sources.  There can be no assurances, however, that
additional funding will be available on terms acceptable to the
Company, or at all.  Any equity financing may be dilutive to
existing shareholders," the Company states in the report.

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

                     https://is.gd/K1C7gQ

                    About Cocrystal Pharma

Cocrystal Pharma, Inc., formerly known as Biozone Pharmaceuticals,
Inc., is a pharmaceutical company with a mission to discover novel
antiviral therapeutics as treatments for serious and/or chronic
viral diseases.  Cocrystal Pharma employs unique technologies and
Nobel Prize winning expertise to create first- and best-in-class
antiviral drugs.  These technologies and the Company's market-
focused approach to drug discovery are designed to efficiently
deliver small molecule therapeutics that are safe, effective and
convenient to administer.

The Company's primary business going forward is to develop novel
medicines for use in the treatment of human viral diseases.
Cocrystal has been developing novel technologies and approaches to
create first-in-class and best-in-class antiviral drug candidates
since its initial funding in 2008.  Subsequent funding was
provided to Cocrystal Discovery, Inc., by Teva Pharmaceuticals
Industries, Ltd., or Teva, in 2011.  The Company's focus is to
pursue the development and commercialization of broad-spectrum
antiviral drug candidates that will transform the treatment and
prophylaxis of viral diseases in humans.  By concentrating the
Company's research and development efforts on viral replication
inhibitors, the Company plans to leverage its infrastructure and
expertise in these areas.

Cocrystal Pharma, reported a net loss of $50.1 million on $78,000
of grant revenues for the year ended Dec. 31, 2015, compared to a
net loss of $99,000 on $9,000 of grant revenues for the year ended
Dec. 31, 2014.


CRAIG ALLEN NEWHOUSE: 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 Craig Allen Newhouse.

Craig Allen Newhouse sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wis. Case No. 16-12183) on June 20,
2016.  The Debtor is represented by Thomas O. Mulligan II, Esq., at
Mulligan Law Office.


CRCI HOLDINGS: Moody's Assigns B2 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service has assigned a B2 first time corporate
family rating ("CFR") and a B2-PD probability of default rating
("PDR") to CRCI Holdings, Inc. ("CLEAResult / "CR"). Moody's also
assigned B2 ratings to CR's proposed senior secured i) $40 million
revolving credit facility ("Revolver") and ii) $330 million term
loan credit facility ("TL"). The rating outlook is stable.

The proceeds from the proposed TL and approximately $6.6 million of
cash from CR's balance sheet will be used to refinance existing
debt at CR and pay a dividend to CR's shareholders. The Revolver is
expected to be undrawn at closing.

RATINGS RATIONALE

The B2 corporate family rating ("CFR") reflects: leverage of about
5.0x (Moody's adjusted and giving credit for some synergies) at LTM
June 30, 2016, CR's competitive landscape that has downward pricing
pressures (particularly in the utility revenue program model), it's
highly acquisitive financial policy (revenues grew about 2x,
primarily non-organically, from FY 2014 to LTM June 30, 2016),
small scale and a limited revenue base. The ratings are supported
by the company's leading position as a provider of outsourced
energy efficiency ("EE") optimization solutions, the strategic and
regulatory driven importance of the company's services to its
customers and its strong recurring revenue stream.

Moody's views CR's liquidity as good. Over the next 12 months
Moody's expects CR to have cash and cash equivalents of about $5
million and to generate positive free cash flow ("FCF"). Over the
next 12 months, Moody's also anticipates significant availability
under CR's proposed Revolver, with adequate cushion under the
springing financial covenants of the Revolver. The TL is
anticipated to amortize approximately 1% per annum, with a bullet
due at maturity about 7 years from closing.

The stable outlook reflects Moody's expectation of mid-single
digits revenue growth, EBITDA margins (on a Moody's adjusted basis)
above 10%, leverage at the mid 4x or below and interest coverage of
about 3x over the next year.

CR's rating could be upgraded if:

   -- the company demonstrates high single digit organic revenue  
      growth;

   -- leverage is sustained below 4x;

   -- and the company demonstrates strong liquidity and a
      commitment to conservative financial policies.

CR's rating could be downgraded if:

   -- Liquidity materially weakens; or

   -- performance deteriorates materially, such that i) leverage
      reaches and is sustained at 6.0x or ii) FCF to debt is not   

      on track to get to 8% over the next 12 to 18 months.

The following ratings were assigned:

   Issuer -- CRCI Holdings, Inc. ("CLEAResult" / "CR")

   -- Corporate Family Rating -- B2

   -- Probability of Default Rating -- B2-PD

   -- Senior Secured Revolving Credit Facility: - B2 (LGD 4)

   -- Senior Secured Term Loan B Credit Facility - B2 (LGD 4)

   -- Outlook - Stable

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

CRCI Holdings, Inc. ("CLEAResult"/"CR"), headquartered in Austin,
Texas, is a leading provider of outsourced energy efficiency ("EE")
optimization solutions for both utility and non-utility clients in
the US and Canada. General Atlantic LLC owns the majority of the
equity interest in CR.



CS MINING: Hires FTI Consulting to Provide CROs
-----------------------------------------------
CS Mining, LLC seeks authorization from the U.S. Bankruptcy Court
for the District of Utah to employ FTI Consulting, Inc. as interim
management and restructuring advisor and Michael Buenzow, David J.
Beckman and Randy Davenport as co-Chief Restructuring Officers,
nunc pro tunc to June 2, 2016.

The Debtor anticipates that the FTI Professionals will render,
without limitation, these interim management and restructuring
services during this chapter 11 case:

The CRO-related services:

   -- reviewing the Company's operating plan and budgets,
      providing feedback as appropriate along with associated work

      plans as necessary;

   -- providing input and analyses related to alternative
      operating approaches;

   -- identifying and consulting on key copper mining and
      processing issues;

   -- working with management on key customer issues;

   -- advising the Company on operating plan, liquidity
      management, and restructuring alternatives;

   -- assisting with the DIP financing process;

   -- working closely with management and Company counsel to
      prepare for and execute on a voluntary chapter 11 process;
      and

   -- assisting the company with the preparation and confirmation
      of a value optimizing plan of reorganization.

The services related to Chapter 11 & Post-Petition Analytical,
Operating and Reporting Support:

   -- developing appropriate accounting procedures related to the
      filing and required reporting therefore;

   -- assisting the company with the development and finalization
      of critical business plans and forecast models;

   -- designing and implementing cash management procedures that
      comply with court authorizations;

   -- identifying critical vendor and inventory management steps
      to ensure business continuity;

   -- developing communication plans for all key stakeholders;

   -- preparing schedules, reports, etc., as required by the
      chapter 11 filing;

   -- performing other chapter 11 administrative tasks as
      necessary;

   -- analyzing executory contracts;

   -- analyzing and administering to the chapter 11 claims;

   -- preparing Monthly Operating Reports, Statement of Financial
      Affairs, and Schedules of Assets and Liabilities; and

   -- providing the analytical support required for the final
      preparation and confirmation of a value maximizing Plan
      of Reorganization.

Pursuant to the Engagement Letter, CS Mining has agreed to pay FTI
a fixed fee of $75,000 for the services rendered in connection with
the preparation of documentation and schedules to convert the case
to a voluntary Chapter 11 filing.

Starting on the voluntary Chapter 11 conversion date, CS Mining has
agreed to pay FTI a monthly fee of $125,000 for first month,
$100,000 for the second month of the engagement, and then $80,000
for each month thereafter for the services rendered by the CROs.

In addition, CS Mining has agreed to pay the Hourly Temporary Staff
based on FTI's current billing rates as follows:

      Senior Managing Directors          $825–$995
      Directors/Managing Directors       $615–$815
      Consultants/Senior Consultants     $325–$595
      Administrative/Paraprofessionals   $130–$260

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

In addition, CS Mining has agreed to pay up-front to FTI a retainer
of $100,000, which funds will be held "on account" to be applied to
our professional fees, charges and disbursements for the engagement
(the "Initial Cash on Account"). To the extent that the amount
exceeds the fees, charges and disbursements upon the completion of
the engagement, FTI will refund any unused portion.

David J. Beckman, senior managing director with FTI, 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.

FTI can be reached at:

       David J. Beckman
       FTI CONSULTING, INC.
       1001 17th St. #1100
       Denver, CO 80202
       Tel: (303) 689-8800
       Fax: (303) 689-8802
       E-mail: dave.beckman@fticonsulting.com

                        About CS Mining

CS Mining, LLC, is a mining and processing company headquartered in
Milford, Utah.

Purported creditors R.J. Bayer Professional Geologist, LLC;
Minerals Advisory Group, LLC; Rollins Construction & Trucking, LLC;
Rollins Machine, Inc.; and Oxbow Sulphur, Inc., filed an
involuntary petition to put the Company into Chapter 11 bankruptcy
(Bankr. D. Utah Case No. 16-24818) on June 2, 2016.  Brahma Group,
Inc. subsequently joined the petition.

Judge William T. Thurman presides over the case.

The Petitioners are represented by Martin J. Brill, Esq., at
Levene, Neale, Bender, Yoo & Brill L.L.P and George B. Hofmann,
Esq., at Cohne Kinghorn PC.

CS Mining tapped Snell & Wilmer L.L.P. as local counsel, and Pepper
Hamilton LLP as its legal counsel, nunc pro tunc to June 2, 2016.


CYMA CLEANING: Court Confirms Plan, Approves Disclosure Statement
-----------------------------------------------------------------
Judge Enrique S. Lamoutte Inclan of the U.S. Bankruptcy Court for
the District of Puerto Rico inks final approval of the Disclosure
Statement and confirmation of the Plan filed by CYMA Cleaning
Contractors, Inc., Innova Industrial Contractor, Inc., Handy Man
Services, Inc., and Ambitek Industrial Contractors, Inc.

As previously reported by The Troubled Company Reporter, according
to the Debtors' Plan supplement, the allowed unsecured priority
claims from employees (Class 7) will be paid in monthly cash
payments, in full, plus interest at 3.25% in a term not to exceed
five years from the entry of the order of relief.

The allowed unsecured claims of governmental units (Class 8) and
the allowed unsecured claims from banking institutions (Class 9)
will receive a 3% payment of the allowed amount in 84 monthly
installments.  The Debtors' allowed liability to Class 8 is
estimated in the amount of $210,744.  The Debtors' allowed
liability to Class 9 is estimated in the amount of $282,699.

The allowed unsecured trade claims (Class 10) will receive a 3%
payment of the allowed amount on effective date.  The Debtors'
allowed liability to Class 10 is estimated in the amount of
$99,359.

A full-text copy of the Supplement dated Aug. 1, 2016, is available
at http://bankrupt.com/misc/prb15-06582-142.pdf

                  About CYMA Cleaning

CYMA Cleaning Contractors, Inc. (Bankr. D.P.R., Case No. 15-06582),
Innova Industrial Contractor, Inc. (Bankr. D.P.R., Case No.
15-06584), and Handy Man Services, Inc. (Bankr. D.P.R., Case No.
15-06585), filed Chapter 11 Petitions on August 27, 2015.

The Debtors' counsel is Mary Ann Gandia-Fabian, Esq., at
Gandia-Fabian Law Office, in San Juan, Puerto Rico.

At the time of filing, CYMA Cleaning had $500,000 to $1.0 million
in estimated assets and $1.0 million to $10.0 million in estimated
liabilities; Innova Industrial had $100,000 to $500,000 in
estimated assets and $50,000 to $100,000 in estimated liabilities;
and Handy Man Services had $100,000 to $500,000 in estimated assets
and $1.0 million to $10.0 million in estimated liabilities.

The petition was signed by Ivelisse Gonzalez Rodriguez, president,
CYMA Cleaning Contractors.


CYRUS WAY HOLDINGS: Hires Larry Feinstein as Counsel
----------------------------------------------------
Cyrus Way Holdings LLC seeks authorization from the U.S. Bankruptcy
Court for the Western District of Washington to employ Larry B.
Feinstein as Chapter 11 counsel.

The Debtor requires Mr. Feinstein to:

   (a) take all actions necessary to protect and preserve Debtor's

       bankruptcy estate, including the prosecution of actions on
       Debtor's behalf. To undertake, in conjunction as
       appropriate with special litigation counsel, the defense of

       any action commenced against Debtor, negotiations
       concerning litigation in which Debtor is involved,
       objections to claims filed against Debtor in this
       bankruptcy case, and the compromise or settlement of
       claims;

   (b) prepare the necessary applications, motions, memoranda,
       responses, complaints, answers, orders, notices, reports
       and other papers required from Debtor as debtor-in-
       possession in connection with administration of this case;

   (c) negotiate with creditors concerning a Chapter 11 plan, to
       prepare a Chapter 11 plan and disclosure statement and
       related documents, and to take the steps necessary to
       confirm and implement the proposed plan of liquidation; and

   (d) provide such other legal advice or services as may be
       required in connection with the Chapter 11 case.

The Debtor agreed to compensate Mr. Feinstein on the basis of a
reduced hourly rate of $375.

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

Mr. Feinstein had been paid, during the one year period prior to
filing, fees and costs from the Debtor of $2,500 for pre-petition
legal services by the debtor related to preparing this Chapter 11,
filing the case, and other pre-filing legal services; no funds are
being held in Trust as a retainer.  The filing fee has been paid to
Mr. Feinstein to disburse $1,717 to his ECF credit card
pre-petition for the Chapter 11 filing fee.

Mr. Feinstein 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 counsel can be reached at:

       Larry B. Feinstein, Esq.
       VORTMAN & FEINSTEIN, P.S.
       520 Pike Street, Suite 2250
       Seattle, WA 98101
       Tel: (206) 223-9595
       Fax: (206) 386-5355
       E-mail: feinstein1947@gmail.com

                  About Cyrus Way Holdings LLC

Cyrus Way Holdings LLC, based in Mukilteo, Wash., filed a Chapter
11 petition (Bankr. W.D. Wash. Case No. 16-13356) on June 24, 2016.
  The Hon. Timothy W. Dore presides over the case.  Larry B.
Feinstein, Esq. of Vortman & Fenstein, P.S. serves as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million
both in assets and liabilities.  The petition was signed by Mark L.
Jackson, owner.


DG3 HOLDINGS: SSG Acted as Investment Banker in Equity Sale
-----------------------------------------------------------
SSG Capital Advisors, LLC, acted as the investment banker to DG3
Holdings, LLC, and its affiliates in the sale of all of their
issued and outstanding equity interests to Resilience Capital
Partners.  The transaction closed in June 2016.

DG3 is a provider of global print, technology, and visual
communication services.  DG3 provides its comprehensive graphic and
interactive solutions to corporate, financial services, and
pharmaceutical firms worldwide.  For over thirty years, DG3's focus
has been on delivering client-centric, globally integrated
solutions to select vertical markets.  DG3's management
successfully operated, grew and positioned the Company for future
growth.  The Company strengthened its core business while executing
strategic acquisitions to facilitate diversification and future
growth opportunities despite operating with a levered balance sheet
and multiple draws on cash flow.  With limited ability to reinvest
in the business, DG3's Board of Directors mandated that the Company
explore strategic alternatives to better facilitate ongoing
growth.

SSG was retained as DG3's exclusive investment banker to conduct a
comprehensive marketing process and contact a broad universe of
buyers to achieve an optimal outcome for the Company and its key
stakeholders. The process attracted significant interest from the
market with Resilience ultimately submitting the most compelling
offer to DG3 and its stakeholders.  Resilience's purchase enabled
the Company to rationalize its balance sheet and facilitate its
go-forward growth strategy.

Other professionals who worked on the transaction include:

    * Daniel A. Guerin, Walter S. Holzer, Louis R. Hernandez III,
Kevin J. Coenen, Andrew Idrizovic, Joanna Lee, Evan C. Palenschat,
and Emily Standen of Kirkland & Ellis LLP, counsel to Resilience
Capital Partners;

    * Daniel J. Eisner, Patrick B. Costello, Drew M. Young,
Alexandra Lauvaux and Erin Carney D'Angelo of DLA Piper LLP (US),
counsel to Arsenal Capital Partners;

    * Philip J. Perzek and Robert G. McElroy of McGuireWoods, LLP,
counsel to Chatham Capital;

    * Lawrence A. Goldman of Gibbons P.C., counsel to DG3 Holdings,
LLC.

                About SSG Capital Advisors, LLC

SSG Capital Advisors is an independent boutique investment bank
that assists middle-market companies and their stakeholders in
completing special situation transactions.  It provides its clients
with comprehensive investment banking services in the areas of
mergers and acquisitions, private placements, financial
restructurings, valuations, litigation and strategic advisory.  SSG
has a proven track record of closing over 300 transactions in North
America and Europe and is a leader in the industry.

SSG Capital Advisors, LLC (Member FINRA, SIPC) is a wholly owned
broker dealer of SSG Holdings, LLC.  SSG is a registered trademark
for SSG Capital Advisors, LLC.  SSG provides investment banking,
restructuring advisory, merger, acquisition and divestiture
services, private placement services and valuation opinions.  Past
performance is no guarantee of future results.


DONALD GAUBE: Files Plan to Exit Chapter 11 Protection
------------------------------------------------------
Donald Gaube filed with the U.S. Bankruptcy Court for the Northern
District of California his proposed plan to exit Chapter 11
protection.

Under the restructuring plan, general unsecured claims are
classified in Class 10.  The allowed amount of the Class 10 claims
could be as high as $37 million but the Debtor's best estimate is
that the amount owing to the creditors could be approximately $18
million.

General unsecured creditors are entitled to vote on the
restructuring plan, according to the Debtor's disclosure statement
detailing the plan.

A copy of the disclosure statement is available for free at
http://bankrupt.com/misc/DonaldGaube_1DS07292016.pdf

                      About Donald F. Gaube

Donald F. Gaube sought Chapter 11 protection (Bankr. N.D. Cal. Case
No. 15-43783) on Dec. 13, 2015.  MacConaghy & Barnier, PLC, serves
as the Debtor's counsel.


DRYSDALE VILLAGE: Wants to Use AEA Federal Credit Union's Cash
--------------------------------------------------------------
The Drysdale Village, LLC, doing business as Frontier Village, asks
the U.S. Bankruptcy Court for the District of Arizona, for
authorization to use cash collateral.

The Debtor obtained a loan from AEA Federal Credit Union, which
matures on Nov. 28, 2016.  It is indebted to AEA Federal Credit
Union in the amount of $1,641,724.  AEA Federal Credit Union has
security interests in the Debtor's real property located at 3780
South 4th Avenue, Yuma, Arizona, as well as the Debtor's personal
property or fixtures, inventory, chattel paper, accounts, equipment
and general intangibles, and their proceeds.

The Debtor's proposed Budget reveals that the Debtor expects to
have cash needs of approximately $6,396 per month, for essential
postpetition operating and other business expenses for the first 90
days of the case.

The Debtor proposes to pay AEA Federal Credit Union monthly
adequate protection in the amount of $10,350, which is equivalent
to the current monthly payment obligation under its loan.  

A full-text copy of the Motion, dated Aug. 3, 2016, is available at
https://is.gd/gFGP3W

AEA Federal Credit Union is represented by:

        Gregory John Gnepper, Esq.
        GAMMAGE & BURNHAM, PLC
        Two North Central, 15th Floor
        Phoenix, AZ 85004
        Telephone: (602) 256-4427
        E-mail: ggnepper@gblaw.com

                 About The Drysdale Village

The Drysdale Village, LLC, dba Frontier Village, filed a chapter 11
petition (Bankr. D. Ariz. Case No. 16-08755) on July 29, 2016.  The
petition was signed by Raymond Drysdale, president.  The Debtor is
represented by Thomas H. Allen, Esq., at Allen Barnes & Jones, PLC.
The case is assigned to Judge Scott H. Gan.  The Debtor estimated
assets and debt at $1 million to $10 million at the time of the
filing.


EAST END: Court Narrows Claims vs Amalgamated Bank
--------------------------------------------------
Judge Robert E. Grossman of the United States Bankruptcy Court for
the Eastern District of New York entered judgment in favor of the
defendant on the First, Second, Fourth and Fifth Claims for Relief
in the adversary proceeding captioned POST-EFFECTIVE DATE COMMITTEE
OF THE ESTATE OF EAST END DEVELOPMENT, LLC, Plaintiff, v.
AMALGAMATED BANK, as Trustee of Longview Ultra Construction Loan
Investment Fund f/k/a Longview Ultra I Construction Loan Investment
Fund, Defendant, Adv. Proc. No. 13-8081-reg (Bankr. E.D.N.Y.).

The plaintiff, a committee of unpaid mechanic lienors, commenced
the litigation on behalf of the estate of the debtor East End
Development, LLC.  The plaintiff asserted breach of contract and
related claims against Amalgamated.

Judge Grossman found that the plaintiff has failed to sustain its
burden of proof on the following claims for relief:

   -- First Claim: Breach of Contract
   -- Second Claim: Breach of Implied Covenant of Good Faith and
Fair Dealing
   -- Fourth Claim: Unjust Enrichment
   -- Fifth Claim: Declaratory Relief (finding that the debtor was
not in default at the time Amalgamated issued notice of default in
July 2009)

A full-text copy of Judge Grossman's July 28, 2016 decision is
available at https://is.gd/1wII2s from Leagle.com.

The bankruptcy case is In re: EAST END DEVELOPMENT, LLC, Chapter
11, Debtor, Case No. 812-76181-reg (Bankr. E.D.N.Y.).

Post Effective Date Committee of The Estate of East End
Development, LLC is represented by:

          Melanie A. FitzGerald, Esq.
          Joseph S. Maniscalco, Esq.
          Rachel P. Stoian, Esq.
          LAMONICA HERBST & MANISCALCO LLP
          3305 Jerusalem Avenue
          Wantagh, NY 11793
          Tel: (516)826-6500
          Fax: (516)826-0222
          Email: mfitzgerald@lhmlawfirm.com
                 jsm@lhmlawfirm.com
                 
Amalgamated Bank, As Trustee Of Longview Ultra Construction Loan
Investment Fund, is represented by:

          Philip P. Campisi, Jr., Esq.
          Mickee M. Hennessy, Esq.
          John Westerman, Esq.
          WESTERMAN BALL EDERER MILLER & SHARFSTEI
          1201 RXR Plaza
          Uniondale, NY 11556
          Tel: (516)622-9200
          Fax: (516)622-9212
          Email: pcampisi@westermanllp.com
                 mhennessy@westermanllp.com
                 jwesternman@westermanllp.com

                  About East End Development

East End Development, LLC, the owner of a 90% completed
condominium in Sag Harbor, New York, filed a Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 12-76181) in Central Islip, New York, on
Oct. 12, 2012.  Tracy L. Klestadt, Esq., at Klestadt & Winters
LLP, in New York, N.Y., represents the Debtor in its restructuring
efforts.  Edifice Real Estate Partners, LLC serves as its
construction consultant.  The Debtor disclosed $27,300,207 in
assets and $35,344,416 in liabilities in its schedules.

John E. Westerman, Esq., and Mike M. Hennessey, Esq., at Westerman
Ball Ederer Miller & Sharfstein, LLP, in Uniondale, N.Y.,
represents lender Amalgamated Bank as counsel.


ELITE PHARMACEUTICALS: Reports First Quarter Net Income of $1.09M
-----------------------------------------------------------------
Elite Pharmaceuticals, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $1.09 million on $3.27 million of total revenue for the three
months ended June 30, 2016, compared to net income of $4.73 million
on $2.16 million of total revenue for the three months ended June
30, 2015.

As of June 30, 2016, Elite had $33.05 million in total assets,
$17.5 million in total liabilities, $46.42 million in mezzanine
equity and a total stockholders' deficit of $30.9 million.

"After three straight years of record revenues, Fiscal 2017 begins
with another strong quarter with revenues continuing their upward
trend," commented Nasrat Hakim, Elite's president and CEO.
"Further, we are moving ahead with a plan to address the items
listed by the FDA for SequestOX and will continue developing our
abuse-deterrent product pipeline while growing our generic line."

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

                      https://is.gd/DZTFBE

                  About Elite Pharmaceuticals

Northvale, New Jersey-based Elite Pharmaceuticals, Inc., is a
specialty pharmaceutical company principally engaged in the
development and manufacture of oral, controlled-release products,
using proprietary technology and the development and manufacture
of generic pharmaceuticals.  The Company has one product,
Phentermine 37.5mg tablets, currently being sold commercially.

Elite reported net income attributable to common shareholders of
$28.9 million on $5 million of total revenues for the year ended
March 31, 2015, compared to a net loss attributable to common
shareholders of $96.5 million on $4.6 million of total revenues for
the year ended March 31, 2014


ENERGY TRANSFER: Bank Debt Trades at 3% Off
-------------------------------------------
Participations in a syndicated loan under Energy Transfer Equity LP
is a borrower traded in the secondary market at 96.58
cents-on-the-dollar during the week ended Friday, July 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.20 percentage points from the
previous week.  Energy Transfer pays 250 basis points above LIBOR
to borrow under the $1.0 billion facility. The bank loan matures on
Nov. 15, 2019 and carries Moody's Ba2 rating and Standard & Poor's
BB rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended July 29.


EXELIXIS INC: Enters Into Exchange Agreements with Noteholders
--------------------------------------------------------------
Exelixis, Inc., entered into separate, privately negotiated
exchange agreements with certain holders of the Company's 4.25%
Convertible Senior Subordinated Notes due 2019, as disclosed in a
regulatory filing with the Securities and Exchange Commission.
Under the terms of the exchange agreements, the Holders agreed to
exchange an aggregate principal amount of approximately $168.1
million of Notes held by them in exchange for an aggregate of
approximately 31,639,530 shares of the Company's common stock.

In addition, pursuant to the exchange agreements, Exelixis, Inc.
will make an aggregate cash payment of approximately $1.7 million
to the Holders for additional exchange consideration.  The
transaction is expected to close on or about Aug. 12, 2016, subject
to customary closing conditions.  Immediately following the
exchange of the Notes contemplated by the exchange agreements,
approximately $119.4 million in aggregate principal amount of the
Notes will remain outstanding.

                       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 million in total assets,
$663 million in total liabilities and a total stockholders'
deficit of $186 million.


FENDER MUSICAL: Moody's Hikes Corporate Family Rating to B1
-----------------------------------------------------------
Moody's Investors Service upgraded Fender Musical Instruments
Corporation's Corporate Family Rating to B1 from B2 due to much
improved credit metrics and Moody's expectation that the
improvements will be sustained. The rating outlook is stable.

"Fender has paid down about $40 million of debt in the last year
with free cash flow bringing total pay down to almost $75 million
for the last two years," said Kevin Cassidy, Senior Credit Officer
at Moody's Investors Service. This is in spite of EBITDA not
materially changing. The debt reduction has resulted in almost a
full turn of leverage reduction with debt/EBITDA now around 2.5
times," he noted.

Ratings upgraded:

   -- Corporate Family Rating to B1 from B2;

   -- Probability of Default Rating to B1-PD from B2-PD;

   -- $200 million senior secured term loan ($104 million
      outstanding) due March 2019 to B1 (LGD 4) from B2 (LGD 4)

RATINGS RATIONALE

Fender's B1 Corporate Family Rating reflects its solid credit
metrics with financial leverage around 2.5 times, well-known brand
names, solid liquidity profile, good geographic diversification
throughout the United States and internationally and leading market
share in guitars. The rating also reflects the lack of significant
product diversification outside of musical instruments (principally
guitars) and relatively small size with revenue around $450
million. The uncertainty in the macro economy, including moderate
growth in discretionary consumer spending in the United States, and
economic risks in Europe where the company generates more than 20%
of its revenue is also considered in the rating.

The stable outlook reflects Moody's expectation that Fender's
credit metrics and operating performance will remain steady for the
foreseeable future.

There is little upward rating pressure in the near term given the
company's small scale. Over the longer term, if the revenue base
were to meaningfully increase, the rating could be upgraded if:
debt/EBITDA is sustained below 2 times and low teen EBIT margins
are maintained.

The rating could be downgraded if Fender's operating performance
were to meaningfully decline for whatever reason. Key credit
metrics driving a potential downgrade would be: debt/EBITDA
sustained over 4 times and low single digit EBIT margins.

The principal methodology used in this rating was the Consumer
Durables Industry published in September 2014.

Fender Musical Instruments Corporation, based in Scottsdale,
Arizona, develops, manufactures and distributes musical
instruments, principally guitars, to wholesale and retail outlets
throughout the world. Revenue for the twelve months ending March
31, 2016, approximated $450 million. Fender is partially owned by
Servco and TPG Growth.


FINJAN HOLDINGS: Incurs $4.58 Million Net Loss in Second Quarter
----------------------------------------------------------------
Finjan Holdings, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
to common stockholders of $4.58 million on $6.52 million of
revenues for the three months ended June 30, 2016, compared to a
net loss to common stockholders of $2.64 million on $700,000 of
revenues for the same period during the prior year.

For the six months ended June 30, 2016, the Company reported a net
loss to common stockholders of $5.74 million on $8.84 million of
revenues compared to a net loss to common stockholders of $6.83
million on $700,000 of revenues for the six months ended June 30,
2015.

As of June 30, 2016, the Company had $20.41 million in total
assets, $4.32 million in total liabilities, $14.97 million in
redeemable preferred stock and $1.12 million in total stockholders'
equity.

"We successfully navigated through a very active quarter in our
licensing and enforcement program.  We secured - for a third time
from the Court - an Order upholding the $39.5 million judgment
(plus pre and post judgment interest) against Blue Coat Systems. We
granted a license and settled our litigation with Proofpoint for
$10.9 million, and signed a license - outside of litigation - with
a European cloud-based networking company.  We filed a series of
new cases against ESET and its affiliates in the U.S. and Germany.
Most recently, we filed for a preliminary injunction seeking to bar
Blue Coat from selling its infringing WebPulse products in the
United States," said Phil Hartstein, President and CEO of Finjan
Holdings.  "Additionally, Finjan's patents have been recognized as
durable by the District Court in Blue Coat, the U.S. Patent and
Trademark Office ("USPTO") and the USPTO's Patent Trial and Appeal
Board ("PTAB").  To date, 88% of challenges before the USPTO and
PTAB have been denied or rescinded and only 12% have been
instituted against only four of our patents."

"This quarter reflects an intersection in the Company's efforts
where the investment of time and effort to license and enforce our
patents are beginning to produce recurring results.  Looking ahead
we continue to make strides towards diversifying our revenue
through the launch of our emerging businesses as we build upon the
Finjan brand, protect our IP built through our 20 year history in
cybersecurity and ultimately deliver the greatest value to our
licensees and our shareholders," concluded Hartstein.

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

                     https://is.gd/0Hy9Xq

                          About Finjan

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

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


FLORIDA FOREST: 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 Florida Forest Products of Cross City, Inc.

Florida Forest Products of Cross City, Inc., filed for Chapter 11
bankruptcy protection (Bankr. N.D. Fla. Case No. 16-10148) on June
28, 2016.  The Debtor is represented by Angela M. Ball, Esq.


FORESIGHT ENERGY: Incurs $27.7 Million Net Loss in Second Quarter
-----------------------------------------------------------------
Foresight Energy LP filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $27.7 million on $226 million of total revenues for the three
months ended June 30, 2016, compared to a net loss of $25.3 million
on $251 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 $69.3 million on $392 million of total revenues compared to
net income of $17.4 million on $490 million of total revenues for
the same period last year.

As of June 30, 2016, Foresight had $1.74 billion in total assets,
$1.79 billion in total liabilities and a total partners' deficit of
$45.9 million.

"Despite continuing challenges in the domestic and international
coal markets, Foresight's second quarter results improved
significantly versus the first quarter of this year largely due to
increased sales volumes and improved cost control.  We have taken
the necessary steps of altering our production schedules in an
effort to more closely match our production with market demand.
While production schedules were significantly reduced during the
quarter, Foresight was still able to maintain its low-cost
operating profile.  This continued commitment to safe, low cost
coal production positions Foresight to withstand the pressures of
the current coal market and will allow us to capture contracting
opportunities as they arise," said Rob Moore, president and chief
executive officer.

                Update on Restructuring Efforts  

As previously announced, on July 22, 2016, Foresight entered into
amended and restated transaction support agreements with certain
consenting noteholders of its 2021 senior notes, certain consenting
lenders to its credit agreement, and certain principal
equityholders of Foresight and its general partner.  The
transaction support agreements modified the terms of the
restructuring of the Partnership's indebtedness and certain
governance and equity matters relating to the Partnership,
including a proposed amendment of its credit agreement.  On
Aug. 1, 2016, Foresight achieved the first important milestone of
the amended and restated transaction support agreements and
launched the tender offer and exchange offer as part of the
Restructuring.

"We are pleased that we have concluded the negotiations with our
creditors," said Mr. Moore.  "Together the Partnership, equity
sponsors and debt holders have shown an increased commitment to the
long-term viability of Foresight Energy.  While the negotiations
were challenging, we have reached an agreement that allows
Foresight Energy to move forward and continue to achieve the goal
of operating the safest, lowest cost, and most productive coal
mines in the Illinois Basin."

The successful consummation of the Restructuring remains subject to
various conditions, including the successful negotiation of
definitive documentation and other conditions that are not within
the control of Foresight or its affiliates.  As such, there can be
no assurance that Foresight will be able to successfully negotiate
or implement any of the proposed Restructuring transactions
contemplated by the support agreements, or if it is able to do so,
that such negotiation or implementation will be consistent with the
terms as previously disclosed.

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

                    https://is.gd/8Fc1sa

                   About Foresight Energy

Foresight Energy mines and markets coal from reserves and
operations located exclusively in the Illinois Basin.  
As of Dec. 31, 2015, the Company has invested over $2.3 billion to
construct state-of-the-art, low-cost and highly productive mining
operations and related transportation infrastructure.  The Company
controls over 3 billion tons of proven and probable coal in the
state of Illinois, which, in addition to making the Company one of
the largest reserve holders in the United States, provides organic
growth opportunities.  The Company's reserves consist principally
of three large contiguous blocks of uniform, thick, high heat
content (high Btu) thermal coal which is ideal for highly
productive longwall operations.  Thermal coal is used by power
plants and industrial steam boilers to produce electricity or
process steam.

Foresight Energy reported a net loss attributable to limited
partner units of $39.47 million on $984.85 million of total
revenues for the year ended Dec. 31, 2015, compared to net income
attributable to limited partner units of $70.19 million on $1.10
billion of total revenues for the year ended Dec. 31, 2014.

Ernst & Young LLP, in St. Louis, Missouri, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Dec. 31, 2015, noting that the Partnership is
in default of certain provisions of its long-term debt and capital
lease obligations, resulting in a working capital deficit as of
Dec. 31, 2015.  These conditions raise substantial doubt about the
Partnership's ability to continue as a going concern.

                          *     *     *

The Troubled Company Reporter on March 22, 2016, reported that
Standard & Poor's Ratings Services said it lowered its corporate
rating on St. Louis-based Foresight Energy to 'D' from 'CCC-'.

As reported by the TCR on March 29, 2016, Moody's Investors
Service downgraded all ratings of Foresight Energy, including the
corporate family rating to 'Caa3' from 'Caa1'.


GATES GROUP: Bank Debt Trades at 2% Off
---------------------------------------
Participations in a syndicated loan under Gates Group is a borrower
traded in the secondary market at 97.93 cents-on-the-dollar during
the week ended Friday, July 29, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
2.47 percentage points from the previous week.  Gates Group pays
450 basis points above LIBOR to borrow under the $1.5 billion
facility. The bank loan matures on Nov. 19, 2022 and carries
Moody's B2 rating and Standard & Poor's B+ rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 29.


GAWKER MEDIA: Settling Daily Mail's Defamation Suit
---------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal, reported that
Gawker Media LLC is in the "final stages" of settling a defamation
suit brought by British tabloid The Daily Mail, a lawyer for Gawker
said.

According to the report, the lawyer, Gregg Galardi, didn't disclose
the terms of the settlement, but such a deal could resolve one of a
long list of defamation lawsuits Gawker is facing from subjects of
its past articles.

The acknowledgment of an expected deal with the Daily Mail comes
amid preliminary settlement talks between Gawker and former
professional wrestler Hulk Hogan to try to resolve the largest of
the publisher's legal woes, the report related.

A $140 million invasion of privacy judgment stemming from a suit
brought by Terry Bollea, Hogan's real name, pushed Gawker into
chapter 11 earlier this year, the report further related.  Nick
Denton, Gawker's founder and chief executive, is liable for $10
million of the judgment and jointly liable for another $115
million, the report said.

Gawker, which has appealed the $140 million award, is also facing
defamation suits from blogger Charles Johnson, journalist Ashley
Terrill and tech entrepreneur Shiva Ayyadurai, who claims to have
invented email, the report added.

The Daily Mail sued Gawker last year after the New York media
company published a first-person narrative by James King, a former
Daily Mail employee, titled "My Year Ripping Off the Web With the
Daily Mail Online," the report related.  The article was deeply
critical of the journalistic standards of the MailOnline, the Daily
Mail's online presence, and its aggregation policies, the report
said.

The Daily Mail's lawsuit, filed in New York state court, claimed
Mr. King's account and Gawker's article were full of "blatant,
defamatory falsehoods intended to disparage The Mail," the report
added.

                      About Gawker Media

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

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

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

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

The cases are jointly administered.

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

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

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

The U.S. trustee for Region 2 on June 24 appointed three creditors
of Gawker Media LLC and its affiliates to serve on the official
committee of unsecured creditors. The committee members are Terry
Gene Bollea, popularly known as Hulk Hogan, Shiva Ayyadurai, and
Ashley A. Terrill.


GENON ENERGY: Incurs $116 Million Net Loss in Second Quarter
------------------------------------------------------------
GenOn Energy, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $116 million on $398 million of total operating revenues for the
three months ended June 30, 2016, compared to a net loss of $18
million on $560 million of total operating revenues for the three
months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $15 million on $977 million of total operating revenues
compared to a net loss of $29 million on $1.31 billion of total
operating revenues for the six months ended June 30, 2015.

As of June 30, 2016, Genon had $5.13 billion in total assets, $4.87
billion in total liabilities and $257 million in total
stockholders' equity.

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

                     https://is.gd/MMx8gd

                          About Genon

GenOn Energy, Inc. and its affiliates are wholesale power
generation subsidiaries of NRG, which is a competitive power
company that produces, sells and delivers energy and energy
services, primarily in major competitive power markets in the U.S.
GenOn is an indirect wholly-owned subsidiary of NRG.  GenOn was
incorporated as a Delaware corporation on Aug. 9, 2000, under the
name Reliant Energy Unregco, Inc.  GenOn Americas Generation and
GenOn Mid-Atlantic are indirect wholly owned subsidiaries of GenOn.
GenOn Americas Generation was formed as a Delaware limited
liability company on Nov. 1, 2001, under the name Mirant Americas
Generation, LLC. GenOn Mid-Atlantic was formed as a Delaware
limited liability company on July 12, 2000, under the name Southern
Energy Mid-Atlantic, LLC.  GenOn Mid-Atlantic is a wholly-owned
subsidiary of NRG North America and an indirect wholly owned
subsidiary of GenOn Americas Generation.  The Registrants are
engaged in the ownership and operation of power generation
facilities; the trading of energy, capacity and related products;
and the transacting in and trading of fuel and transportation
services.

GenOn Energy reported a net loss of $115 million in 2015 following
net income of $192 million in 2014.

                         *    *    *

As reported by the TCR on March 25, 2016, Moody's Investors Service
downgraded GenOn Energy, Inc.'s corporate family rating (CFR) and
probability of default (PD) rating to Caa2, from B3, and Caa2-PD
from B3-PD, respectively.

The TCR reported on May 26, 2016, that S&P Global Ratings lowered
its corporate credit rating on GenOn Energy Inc. and its affiliates
GenOn Energy Holdings Inc., GenOn Americas LLC, and GenOn REMA LLC
to 'CCC' from 'CCC+'.  The outlook is negative.


GLOBAL GEOPHYSICAL: Wants to Access $2-Mil. DIP Facility
--------------------------------------------------------
Global Geophysical Services, Inc., and its affiliated debtors ask
the U.S. Bankruptcy Court for the Southern District of Texas for
authorization to obtain postpetition financing from Wilmington
Savings Fund Society, FSB, as agent, and the DIP Lenders.

The proposed Debtor-In-Possession Facility contains, among others,
these relevant terms:

     (1) Credit Facility: The DIP Facility will consist of a
postpetition senior secured revolving loan facility provided to
Borrowers of up to $2,000,000.

     (2) Interest Rate: The Revolving Loans will bear interest at a
rate per annum of 15%.

     (3) Collateral and Priority: To secure all obligations of each
Loan Party under the DIP Facility, the Loan Parties will grant a
first priority (subject to certain permitted liens) perfected
security interests in and liens upon substantially all assets,
rights, entitlements and any other interests of any kind and, in
each case, all proceeds therefrom.  All amounts owing by the Loan
Parties under the DIP Facility at all times will constitute allowed
super-priority administrative expense claims in the Chapter 11
Cases having priority over all other administrative expenses of the
kind specified in Sections 503(b) and 507(b) of the Bankruptcy
Code, other than the Carve Out.

     (4) Carve-Out: Means the following expenses:

          (a) all fees required to be paid to the Clerk of the
Bankruptcy Court and to the Office of the U.S. Trustee, plus
interest;

          (b) to the extent allowed by the Bankruptcy Court at any
time, the accrued and unpaid fees, disbursements, costs and
expenses incurred by professionals or professional firms retained
by the Debtors or the Official Committee of Unsecured Creditors;

          (c) all unpaid fees, disbursements, costs and expenses
incurred by the Professionals after the day date of the delivery by
the DIP Agent (at the direction of the Required DIP Lenders) of a
Carve Out Trigger Notice, to the extent allowed by the Bankruptcy
Court at any time, in an aggregate amount not to exceed
$100,000.00.

     (5) Use of Proceeds: The proceeds of the Revolving Loans will
be used in accordance with the Budget, as approved, or as otherwise
consented to in writing by the DIP Lenders.

     (6) Closing Date: Aug. 5, 2016

     (7) Maturity Date: The DIP Facility shall be for a term ending
on the earliest of:
  
          (a) Nov. 1, 2016;

          (b) the substantial consummation of a plan of
reorganization or liquidation filed in the Chapter 11 Cases that is
confirmed pursuant to an order entered by the Bankruptcy Court; and


          (c) the acceleration of the Loans and termination of the
Commitments.

The Debtors are indebted to:

     (1) Wilmington Savings Fund Society, FSB, as First Lien Agent
and the First Lien Lenders, in the amount of $85,104,644, under the
Pre-Petition First Lien Credit Agreement.  The indebtedness is
secured by liens on substantially all real and personal property of
the Debtors, and certain assets of certain foreign non-debtor
subsidiaries of the Debtors .

     (2) Wilmington Trust, National Association, as agent, and the
Second Lien Lenders, in the amount of $40,445,999, under the
Pre-petition Second Lien Credit Agreement.  The indebtedness is
ecured by liens on substantially all real and personal property of
the Debtors, and certain assets of certain foreign non-debtor
subsidiaries of the Debtors.  The liens securing the Debtor's
obligations under the Pre-petition Second Lien Credit Agreement are
subordinate and junior to the liens securing the Debtors'
obligations under the Pre-petition First Lien Credit Agreement.

The Debtor relates that the DIP financing is in the best interests
of all stakeholders because it will finance these cases and provide
a bridge to exit financing that, together with the Prepackaged Plan
and related agreements, will allow for an orderly wind-down
and a recovery for unsecured creditors.

A full-text copy of the Debtors' Motion, dated August 3, 2016, is
available at https://is.gd/xPj7sG

The DIP Agent and the Prepetition First Lien Agent is represented
by:

          James S. Carr, Esq.
          Pamela Bruzzese-Szczygiel, Esq.
          KELLEY DRYE & WARREN LLP
          101 Park Avenue
          New York, NY 10178

The DIP Lenders and the First Lien Lenders are represented by:

          Leonard Klingbaum, Esq.
          John C. Longmire, Esq.
          WILLKIE FARR & GALLAGHER LLP
          787 Seventh Avenue
          New York, NY 10019

                - and -

          Jennifer J. Hardy, Esq.
          WILLKIE FARR & GALLAGHER LLP
          600 Travis Street, Suite 2310
          Houston, TX 77002

               About Global Geophysical Services

Global Geophysical Services Inc., a provider of seismic data for
the oil and gas drilling industry, sought bankruptcy protection,
intending to reorganize on its own with additional capital or
explore a sale or other transaction.

Based in Missouri City, Texas, Global Geophysical disclosed assets
of $468.7 million and liabilities totaling $407.3 million as of
Sept. 30, 2013.  Liabilities include $81.8 million on a secured
term loan owing to TPG Specialty Lending Inc. and Tennenbaum
Capital Partners LLC.  TPG is the lenders' agent.  Global also owes
$250 million on two issues of 10.5 percent senior unsecured notes,
with Bank of New York Mellon Trust Co. as indenture trustee.

Global Geophysical and five affiliates, including Autoseis, Inc.
(lead debtor), filed Chapter 11 petitions in Corpus Christi, Texas
(Bankr. S.D. Tex. Lead Case No. 14-20130) on March 25, 2014.  The
petitions were signed by Sean M. Gore, senior vice president and
chief financial officer.  The case is assigned to Judge Richard S.
Schmidt.

The Debtors are represented by C. Luckey McDowell, Esq., Omar
Alaniz, Esq., and Ian E. Roberts, Esq., at Baker Botts, LLP, in
Dallas, Texas; and Shelby A. Jordan, Esq., and Nathanial Peter
Holzer, Esq., at Jordan, Hyden, Womble, Culbreth, & Holzer, PC in
Corpus Christi, Texas.  Alvarez & Marsal serves as the Debtors'
restructuring advisors, Fox Rothschild Inc. as financial advisor,
and Prime Clerk as claims and noticing agent.

The U.S. Trustee for Region 7 selected seven creditors to the
Official Committee of Unsecured Creditors.  The Committee tapped
Greenberg Traurig, LLP as counsel; and Lazard Freres & Co. LLC and
Lazard Middle Market LLC, as financial advisors and investment
bankers.

The Ad Hoc Group of Noteholders and the DIP Lenders are represented
by Marty L. Brimmage, Jr., Esq., Charles R. Gibbs, Esq., Michael S.
Haynes, Esq., and Lacy M. Lawrence, Esq., at Akin Gump Strauss
Hauer & Feld LLP.

Prepetition secured lender TPG is represented by David M. Bennett,
Esq., Tye C. Hancock, Esq., and Joseph E. Bain, Esq., at Thompson &
Knight LLP; and Adam C. Harris, Esq., Lawrence V. Gelber, Esq.,
David M. Hillman, Esq., and Brian C. Tong, Esq., at Schulte Roth &
Zabel LLP.


GYMBOREE CORP: Bank Debt Trades at 22% Off
------------------------------------------
Participations in a syndicated loan under Gymboree Corp is a
borrower traded in the secondary market at 77.79
cents-on-the-dollar during the week ended Friday, July 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.21 percentage points from the
previous week.  Gymboree Corp pays 350 basis points above LIBOR to
borrow under the $0.82 billion facility. The bank loan matures on
Feb. 23, 2018 and carries Moody's Caa1 rating and Standard & Poor's
/CCC+ rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended July 29.


HILLSBOROUGH RIVER: Taps Suzy Tate as Counsel
---------------------------------------------
Hillsborough River Pharmacy, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Suzy
Tate, P.A. as counsel, effective as of the July 30, 2016 petition
date.

The Debtor requires Ms. Tate to:

   (a) take all necessary action to protect and preserve the
       estate of the Debtor, including the prosecution of actions
       on its behalf, defense of any actions commenced against
       them, negotiations concerning all bankruptcy litigation in
       which they are involved, and objections, when appropriate,
       in objecting to claims filed against the estate;

   (b) prepare, on behalf of the Debtor, any applications, answers,

       orders, reports, and/or papers in connection with the
       administration of the estate;

   (c) counsel the Debtor with regard to its rights and
obligations
       as debtor-in-possession;

   (d) negotiate, prepare, and file a chapter 11 plan of
       reorganization and corresponding disclosure statement and
       seek approval of such disclosure statement and confirmation

       of such plan; and

   (e) perform all other necessary legal services in connection
       with these chapter 11 cases.

Ms. Tate's current hourly rate is $300.

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

Prior to the Petition Date, the firm received a total of $8,782.20
as retainer in connection with the preparation for filing the
bankruptcy cases for the Debtor.  As is the Firm's practice in all
chapter 11 cases, the Firm applied the Pre-Petition Retainer to the
amounts due for pre-petition services rendered and costs incurred
as of the Petition Date. The Firm was owed $3,667 for pre-petition
services rendered and costs incurred in connection with the
preparation of the Petition and the filing of the bankruptcy
cases.

The balance of the Pre-Petition retainer is $5,115.20, which will
be held as security of services to be rendered and costs to be
incurred in the Debtor's bankruptcy case following the Petition
Date.

Ms. Tate 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 counsel can be reached at:

       Suzy Tate, Esq.
       SUZY TATE, P.A.
       14502 N. Dale Mabry, Ste. 200
       Tampa, FL 33618
       Tel: (813) 264-1685
       Fax: (813) 264-1690
       E-mail: suzy@suzytate.com

Hillsborough River Pharmacy, Inc. filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 16-06579) on July 30, 2016,
listing under $100,000 in assets and under $1,000,000 in
liabilities.


HOOVER GROUP: Ferguson Merger No Impact on Moody's B3 CFR
---------------------------------------------------------
Moody's Investors Service said in an issuer comment published on
Aug. 10, 2016 that Hoover Group, Inc.'s ("Hoover") plans to merge
with Ferguson Group and CHEP Catalyst & Chemical Containers is a
credit positive. However, it does not currently affect Hoover's B3
Corporate Family Rating or stable outlook.

Hoover provides chemical tanks, cargo carrying units, and related
products and services for the global energy, petrochemical and
related industrial end markets. The company generated revenue of
$98 million for the twelve months ended March 31, 2016. Hoover is
majority owned by the private equity firm First Reserve.


ILLINOIS POWER: Reports $570 Million Net Loss for Second Quarter
----------------------------------------------------------------
Illinois Power Generating Company filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $570 million on $97 million of revenues for the three
months ended June 30, 2016, compared to a net loss of $19 million
on $131 million of revenues for the three months ended June 30,
2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $577 million on $196 million of revenues compared to a net
loss of $35 million on $274 million of revenues for the six months
ended June 30, 2015.

As of June 30, 2016, the Company had $550 million in total assets,
$986 million in total liabilities, and a total deficit of $436
million.

"As a result of continued weak energy prices, unsold capacity
volumes, on-going required maintenance and environmental
expenditures, upcoming interest payments, as well as consideration
of a $300 million debt maturity in 2018, we have engaged advisors
and, with the assistance of these advisors, have begun a strategic
review.  While our projected future cash flow is sufficient to
cover our obligations through December 31, 2016, we may not have
sufficient future operating cash flow to satisfy our debt maturity
in 2018, absent a debt refinancing or restructuring.   Actions to
resolve this situation could include one or more of the following:
(i) restructuring our debt to achieve a more sustainable business
model; (ii) transitioning ownership of our assets to our debt
holders; (iii) deferring discretionary capital expenditures to the
extent possible; (iv) continued shut down of uneconomic generation;
and/or (v) seeking bankruptcy protection," the Company stated in
the report.

A full-text copy of the Form 10-Q is available for free at:
  
                     https://is.gd/7ZKSik

                      About Illinois Power

Illinois Power Generating Company is an electric generation
subsidiary of Illinois Power Resources, LLC, which is an indirect
wholly-owned subsidiary of Dynegy Inc.  The Company is
headquartered in Houston, Texas and were incorporated in Illinois
in March 2000.  It owns and operates a merchant generation business
in Illinois.  The Company has an 80 percent ownership interest in
Electric Energy, Inc., which it consolidates for financial
reporting purposes.  EEI operates merchant electric generation
facilities in Illinois and FERC-regulated transmission facilities
in Illinois and Kentucky.  The Company also consolidates its
wholly-owned subsidiary, Coffeen and Western Railroad Company, for
financial reporting purposes.

Illinois Power reported a net loss of $563 million on $534 million
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $48 million on $648 million of revenues for the year ended
Dec. 31, 2014.

                          *    *    *

As reported by the TCR on June 17, 2016, S&P Global Ratings revised
its outlook on Illinois Power Generating Co. to negative from
stable.  At the same time, S&P affirmed the 'CCC+' corporate credit
rating and 'CCC+' ratings on the senior unsecured debt.


IMAGEWARE SYSTEMS: Incurs $2.42 Million Net Loss in Second Quarter
------------------------------------------------------------------
Imageware Systems, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
available to common shareholders of $2.42 million on $996,000 of
revenue for the three months ended June 30, 2016, compared to a net
loss available to common shareholders of $2.06 million on $1.69
million of revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss available to common shareholders of $5.04 million on $2.03
million of revenue compared to a net loss available to common
shareholders of $4.60 million on $2.68 million of revenue for the
same period last year.

As of June 30, 2016, Imageware had $4.56 million in total assets,
$4.62 million in total liabilities and a total shareholder's
deficit of $68,000.

"As reflected in the accompanying consolidated financial
statements, the Company has continuing losses, negative working
capital and negative cash flows from operations.  Available
borrowings under our existing Lines of Credit may be insufficient
to provide for our working capital needs for the next twelve
months.  As a result, we may need to raise additional capital
through debt and/or equity financing to execute our business plan.
In addition, in the event we are unable to raise additional
capital, we may be required to sell certain of the Company's assets
or license the Company's technologies to others.  These
uncertainties raise substantial doubt about the Company's ability
to continue as a going concern," the Company states in the report.

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

                   https://is.gd/DzSNRd

                  About ImageWare Systems

Headquartered in San Diego, California, ImageWare Systems, Inc.,
is a leader in the emerging market for software-based identity
management solutions, providing biometric, secure credential, law
enforcement and enterprise authorization.  Its "flagship" product
is the IWS Biometric Engine.  Scalable for small city business or
worldwide deployment, the Company's biometric engine is a multi-
biometric platform that is hardware and algorithm independent,
enabling the enrollment and management of unlimited population
sizes.  The Company's identification products are used to manage
and issue secure credentials, including national IDs, passports,
driver licenses, smart cards and access control credentials.  Its
law enforcement products provide law enforcement with integrated
mug shot, fingerprint LiveScan and investigative capabilities.
The Company also provides comprehensive authentication security
software.

Imageware Systems reported a net loss available to common
shareholders of $9.59 million on $4.76 million of revenues for the
year ended Dec. 31, 2015, compared to a net loss available to
common shareholders of $7.99 million on $4.15 million of revenues
for the year ended Dec. 31, 2014.


INTERNATIONAL BRIDGE: Has Until Feb. 2017 to File Plan
------------------------------------------------------
Judge Robert D. Berger of the U.S. Bankruptcy Court for the
District of Kansas extended International Bridge Corporation's
exclusive plan filing period until February 28, 2017, and exclusive
solicitation period until April 29, 2017.

As previously by the Troubled Company Reporter, the Debtor sought
extension of its exclusive period due to the pendency of the CDA
Claims -- a contract dispute before a Navy Contracting Officer
pursuant to Contract Disputes Act under Contract Number
N62742-08-C-1301 FY08 MCON P-502, stemming from disputes regarding
work performed on the Kilo Wharf Extension for the Department of
the Navy at the Commander Naval Regional Marianas, Main Base,
Guam.

A decision is central to the Debtor's instant bankruptcy case,
however, the decision on the CDA Claims has been pushed back to
June of 2016.  As June 29, 2016, a decision had not been received.

            About International Bridge Corporation

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

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



INVENTIV HEALTH: Files Copy of Presentation Materials with SEC
--------------------------------------------------------------
As previously disclosed on a current report on Form 8-K filed with
the Securities Exchange Commission on Aug. 3, 2016, inVentiv
Health, Inc. will discuss the Company's financial results for the
first quarter of 2016 during a conference call at 3:00 p.m. Eastern
Time on Aug. 12, 2016.  During this conference call, the Company
intends to use a presentation, a copy of which is available for
free at https://is.gd/EEIhgG

                      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 June 30, 2016, Inventiv had $2.16 billion in total assets,
$2.95 billion in total liabilities and a total stockholders'
deficit of $791 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.


ISAACS AUTOMOTIVE: Hires David Lord as Attorney
-----------------------------------------------
Isaac's Automotive, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Mississippi to employ
David L. Lord and Associates, P.A. as attorney.

The Debtor requires the firm to:

   (a) advise the Debtor as to its rights, duties, and powers as a

       Debtor in Possession;

   (b) prepare and file the statements, schedules, plans, and
       other documents and pleadings necessary to be filed by the
       Debtor in this case, specifically excluding adversary
       documents and pleadings, and to prepare and negotiate one
       or more plans of reorganization for the Debtor;

   (c) represent the Debtor at all hearings, meeting of creditors,

       conferences, trials, and other proceedings in this case,
       specifically excluding adversary proceedings; and

   (d) perform such other legal services as may be necessary in
       connection with this case, specifically excluding adversary

       proceedings.

The firm will be paid at these hourly rates:

       Attorney            $275
       Paralegal           $85

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

David L. Lord assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estate.

The firm can be reached at:

       David L. Lord, Esq.
       DAVID L. LORD AND ASSOCIATES, P.A.
       1819 24th Avenue
       Gulfport, MS 39501
       Tel: (228) 868-5667
       Fax: (228) 868-2554
       E-mail: lordlawfirm@bellsouth.net

Isaac's Automotive, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Miss. Case No. 16-50695) on April 26, 2016.
Bankruptcy Judge Katharine M Samson presides over the case.


J-TASTE INC: Unsecured Creditors to Get 14% Under Plan
------------------------------------------------------
J-Taste, Inc., filed a Plan of Reorganization and Disclosure
Statement, which propose to pay 14% to Class 4 - General Unsecured
Claims amounting to $32,886.29.

The Debtor expects to pay general unsecured creditors $4,604.08 in
principal, plus 4.25% interest in 60 monthly installments of $85.31
each, commencing on the effective date of the Plan.

Class 1 - General Priority Unsecured Class with total claims of
$10,780.01, consisting of SIF Claim POC-6 ($8,089.97) and Treasury
Department Claim POC-8 ($2,690.04), will be unimpaired under the
Plan and which will be paid in full plus 4.25% interest in 60
monthly installments of $199.75 each, commencing on the effective
date of the Plan.

Class 2 - Treasury Department Claim POC-9 with a total claim of
$245,305.85 will be unimpaired and paid in full plus 4.25% interest
in 59 monthly installments of $3,155.68 each and a final payment of
$80,000.00, commencing on the effective date of the Plan.

Class 3 - Unsecured Tax Claims, totaling $113,579.89 which will be
impaired, and will be paid 14%. The Debtor expect to pay $15,901.18
in principal, plus 4.25% interest in 60 monthly installments of
$294.64 each, commencing on the effective date of the Plan.

Class 5 - Equity Interest Holders will retain their rights.

Payments and distributions under the plan will be funded by the
Debtor’s operations.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/prb15-10243-MCF11-51.pdf

Attorney for the Debtor:

       Hector Eduardo Pedrosa-Luna, Esq.
       P.O. Box 9023963
       San Juan, PR 00902-3963
       Tel.: 787-920-7983
       Fax: 787-754-1109
       Email: hectorpedrosa@gmail.com

              About J-Taste, Inc.

J-Taste, Inc. filed a Chapter 11 petition (Bankr. D.P.R. Case No.
15-10243), on December 24, 2015. The Debtor's counsel is Hector
Eduardo Pedrosa-Luna, Esq. of the Law Offices of Hector Eduardo
Pedrosa-Luna.


J. CREW: Bank Debt Trades at 30% Off
------------------------------------
Participations in a syndicated loan under J. Crew is a borrower
traded in the secondary market at 70.46 cents-on-the-dollar during
the week ended Friday, July 29, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents an increase of
1.19 percentage points from the previous week.  J. Crew pays 300
basis points above LIBOR to borrow under the $1.56 billion
facility. The bank loan matures on Feb. 27, 2021 and carries
Moody's B2 rating and Standard & Poor's B- rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 29.


JAMES DEWAYNE MANNING: Bid for Appointment of Examiner Granted
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Alabama
entered an order granting James Dewayne Manning's request for the
appointment of a Chapter 11 examiner with Expanded Powers, or in
the alternative, a Chapter 11 Trustee with limited powers.

Following the order, the Court directed the Bankruptcy
Administrator to appoint a disinterested person to serve as
Examiner with expanded powers for the Debtors' Chapter 11 estate,
subject to the Court's approval.

The Examiner have the following duties and authority:

   (A) to receive and to collect the funds held by the Chapter 13
Trustee upon conversion of this case to Chapter 11;

   (B) to examine and to monitor the Debtors' employment and
income;

   (C) to collect and to receive funds by payroll deduction from
the employer of the Debtor, James Manning, or direct from the
Debtors;

   (D) to hold any funds collected pending further Order of the
Court; and

   (E) all other duties as directed by future Order of the Court.

The U.S. Bankruptcy Judge Clifton R. Jessup, Jr., notified that the
Examiner must post a bond in an amount reasonably acceptable to the
Bankruptcy Administrator. Pursuant to 11 U.S.C. Sec. 330 and 331,
the compensation shall be proposed by the Bankruptcy Administrator
and approved by the Court.

The bankruptcy case is In the Matter of: James Dewayne Manning and
Kelly A. Manning, Case No. 16-81059-CRJ-13 (Bankr. Ala.)


JAMUS CORP: Gets Court Approval of Plan to Exit Bankruptcy
----------------------------------------------------------
A U.S. bankruptcy court on August 9 approved the plan of JAMUS
Corp. to exit Chapter 11 protection.

The U.S. Bankruptcy Court for the Northern District of Texas gave
the thumbs-up to the plan after finding that it satisfies the
requirements for confirmation under section 1129 of the Bankruptcy
Code.

In the same filing, the court also gave final approval to the
disclosure statement explaining the restructuring plan.  

The plan proposes to pay Class 3 general unsecured claims in full
over 60 months following the effective date of the plan.  These
claims are estimated at $103,295, according to court filings.  

                        About JAMUS Corp.

JAMUS Corp. filed a Chapter 11 petition (Bankr. N.D. Tex. Case No.
16-40505) on February 1, 2016.  The Debtor is represented by Joyce
W. Lindauer Attorney, PLLC.  The case is assigned to Judge Mark X.
Mullin.


JOSEPH KOKROKO: Hearing to Consider Disclosures Set for Sept. 20
----------------------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona will hold a hearing on Sept. 20, 2016, at 1:30 p.m. to
consider approval of the First Amended Disclosure Statement filed
by Joseph E. Kokroko on July 18, 2016.

As reported by the Troubled Company Reporter on July 28, 2016, the
Debtor filed an Amended Plan of Reorganization and Amended
Disclosure Statement.   The Debtor estimated unsecured claims
totaling $33,628, which does not include any deficiency amounts for
secured creditors.  The class is unimpaired.  Under the Amended
Plan, all allowed and approved claims under this Class shall be
paid the sum of $1,050 on a quarterly basis, pro rata, from the
Debtors' disposable income, to be paid on the last day of each
quarter, starting with the quarter ending after the Effective Date
and anticipated to be Dec. 31, 2016, and continuing each quarter
thereinafter for five years.

                       About Joseph Kokroko

Joseph Kokroko is originally from Ghana, West Africa and English is
his second language.  He came to the U.S. with his wife who worked
for the Peace Corp.  He and his wife had two children and also
adopted one child.  Over a period of years the Debtor has acquired
nine residential properties.  All of the properties are rented and
two were recently used as an Assisted Living Facility.  The Chapter
11 case was filed to prevent a foreclosure on his property at 2927
E. 4th Street, Tucson, AZ.

Joseph E. Kokroko filed a Chapter 11 petition (Bankr. D. Ariz. Case
No. 16-06782) on June 15, 2016.  Eric Slocum Sparks, Esq., at Eric
Slocum Sparks PC, serves as counsel to the Debtor.


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

KCC International LLC owns a real estate in which it operates the
La Quinta Hotel Tomball located at 14000 Medical Complex Drive,
Tomball, Texas.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S. D. Texas Case No. 16-33375) on July 4, 2016.  The
petition was signed by Willis Pumphrey, sole member.

The case is assigned to Judge Karen K. Brown.

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.


KIDS ONLY II: Court to Take Up Liquidating Plan on Sept. 13
-----------------------------------------------------------
A U.S. bankruptcy court will hold a hearing on September 13 to
consider approval of the Chapter 11 plan of liquidation proposed by
RREF II PEBPLA, LLC for Kids Only II of Lafayette, LLC.

The U.S. Bankruptcy Court for the Western District of Louisiana
will hold the hearing at 10:00 a.m., at the Bankruptcy Court, Suite
100, 214 Jefferson Street, Lafayette, Louisiana.

The court will also consider at the hearing the final approval of
the disclosure statement, which it conditionally approved on August
8.

The court order set a September 6 deadline for creditors to cast
their votes and file their objections.  

Under the proposed plan, all creditors are expected to receive 100%
of their allowed claims.

                About Kids Only II of Lafayette

Kids Only II of Lafayette, LLC, and Kids Only III of Lafayette,
LLC, provide childcare services.  

Kids Only II of Lafayette, LLC filed a Chapter 11 bankruptcy
petition (Bankr. W.D. La. Case No. 15-51354) on October 20, 2015.
Kids Only III of Lafayette, LLC, filed a separate Chapter 11
petition (Bankr. W.D. La. Case No. 15-51355) on October 20, 2015.
Both Debtors are represented by Thomas E. St. Germain, Esq. --
ecf@weinlaw.com -- at WEINSTEIN LAW FIRM.

RREF II PEBP-LA, LLC, a secured creditor, is represented by:

     Laura F. Ashley, Esq.
     Jones Walker LLP
     201 St. Charles Avenue, 49th Floor
     New Orleans, LA 70170-5100
     Telephone: (504) 582-8000
     E-mail: lashley@joneswalker.com


LA4EVER, LLC: Can Use Cash Collateral Until Aug. 31
---------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized LA4Ever, LLC and LLCD, LLC to
use the cash collateral until August 31, 2016.

The cash collateral consists of rentals or other funds in which
Southport Secured Lending Fund, LLC may assert secured interests.


Judge Manning authorized the Debtors to use cash collateral up to
the total amount of expenses projected to be $5,084, as well as
$9,967 for payment to Southport Secured Lending Fund.

The approved Budget for the month of August 2016, provides for
total expenses in the amount of $3,202 for Debtor LA4Ever, LLC, and
$1,881 for Debtor LLCD, LLC.

Judge Manning granted Southport Secured Lending Fund security
interests in all post-petition rents and leases, subordinate to all
fees that will become due to the Office of the U.S. Trustee.

A continued hearing on the Debtors' use of cash collateral is
scheduled on Aug. 31, 2016 at 11:00 a.m.

A full-text copy of the Order, dated August 3, 2016, is available
at https://is.gd/SpYTEt

                     About LA4Ever, LLC.

LA4Ever, LLC and LLCD, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Conn. Lead Case No. 15-30546) on
April 8, 2015.  The petition was signed by Daphne Benas, member.  

The Debtors are represented by Carl T. Gulliver, Esq., at Coan
Lewendon Gulliver & Miltenberger, LLC.  The case is assigned to
Judge Julie A. Manning.

At the time of the filing, LA4Ever estimated its assets at $500,000
to $1 million and debt at $1 million to $10 million.  LLCD
estimated its assets and debts at $500,000 to $1 million.


LAST CALL GUARANTOR: Files for Bankruptcy to Pursue Sale
--------------------------------------------------------
The owner of restaurant chains Fox & Hound, Bailey's Sports Grille,
and Champps sought Chapter 11 protection in the U.S. Bankruptcy
Court for the District of Delaware to continue discussions
regarding a possible sale transaction.  Last Call Guarantor, LLC
and eight of its subsidiaries filed the bankruptcy cases after
experiencing liquidity issues and begun a process to market their
businesses or assets for sale, which process is ongoing.  

This is the Debtors' second trip to bankruptcy in less than three
years.  On Dec. 15, 2013, the former owners of Fox & Hound, F&H
Corp, and its 41 affiliated debtors, filed bankruptcy cases in
Delaware.  F&H Corp's sale process failed to produce an acceptable
third-party bid, and as a result, on Feb. 28, 2014, the Bankruptcy
Court approved a going-concern sale to Cerberus Business Finance,
LLC, F&H Corp's junior lender.  The previous Chapter 11 cases are
still pending before Judge Gross.

DWV Maple Investments I, Ltd., purchased the equity of Last Call
Holdings, LLC from Cerberus in May 2016.

According to the Debtors, after the acquisition of the businesses,
they embarked on an ambitious plan to revitalize their concepts and
further enhance synergies among the various concepts by renovating
the existing Fox & Hound locations and converting many of the
Champps locations to Fox and Hound locations.  The Debtors
maintained that the refreshing and remodeling of the Fox & Hound
locations proved to be more expensive than originally planned, and
even when completed, failed to result in a significant increase in
business.

"Despite the Debtors' efforts to stabilize the businesses,
revitalize their concepts, implement operational improvements and
address certain other foundational issues, the Debtors have been
unable to grow the businesses back to a level that supports the
existing capital structure," said Roy Messing, chief restructuring
officer of the Debtors.  "The Debtors are in default under their
secured debt and have experienced material liquidity constraints,
which have increased the financial strain on the Debtors," he
added.

As of the Petition Date, the Debtors have outstanding debt
obligations in the aggregate principal amount of approximately $117
million, consisting primarily of (a) approximately $75.4 million in
secured debt under a first lien senior secured credit facility, (b)
approximately $36 million under a second lien secured credit
facility, and (c) approximately $6 million owed to vendors,
landlords and other unsecured creditors, as disclosed in Court
documents.

Prior to the Petition Date, the Debtors engaged in discussions with
General Electric Capital Corporation, as agent to the lenders under
a credit agreement dated March 12, 2014, on behalf of certain of
the first lien lenders, regarding various options, including a
bridge loan or post-petition financing, to permit the Debtors to
finalize their sale process inside or outside of a bankruptcy case
or to otherwise reach agreement on a path forward.  However, no
agreement was reached and those discussions are ongoing.

The Debtors intend to secure the Court's authority to use cash
collateral on an interim basis in order to stabilize their
business, avoid an immediate closure and wind-down of the
businesses, allow them to pay employees for accrued and unpaid
wages and allow them additional time to attempt to negotiate a
consensual path forward with the Lenders.

Headquartered in Dallas, Texas, and with operations in 25 states,
the Debtors operate 48 Fox & Hound locations, nine Bailey's
locations, and 23 Champps locations.  The Debtors have franchise
agreements with five franchisees for Champps Restaurants.  The
Debtors have more than 4,700 full and part-time employees.

Last Call, which owns directly or indirectly all other Debtors,
estimated assets in the range of $10 million to $50 million and
liabilities of $100 million to $500 million.

Greenberg Traurig, LLP represents the Debtors as counsel.  Prior to
the Petition Date, the Debtors hired SSG Capital Advisors, LLC to
commence a sale process to evaluate various parties' interest in
acquiring the Debtors' businesses.

Judge Kevin Gross is assigned to the cases.


LAST CALL GUARANTOR: Hires Epiq as Claims & Noticing Agent
----------------------------------------------------------
Last Call Guarantor, LLC, et al., asked the Bankruptcy Court to
authorize their employment of Epiq Systems, Inc. as claims and
noticing agent, effective nunc pro tunc to the Petition Date, in
order to assume full responsibility for the distribution of notices
and the maintenance, processing and docketing of proofs of claim
filed in their cases.

Although the Debtors have not yet filed their schedules of assets
and liabilities, they anticipate that there will be in excess of
several thousand entities to be noticed.  In view of the number of
anticipated claimants and the complexity of their businesses, the
Debtors maintained that the appointment of a claims and noticing
agent is both necessary and in the best interests of both their
estates and their creditors.  By appointing the Claims and Noticing
Agent as the claims and noticing agent in these Chapter 11 cases,
the distribution of notices and the processing of claims will be
expedited, and the office of this clerk of this Court will be
relieved of the administrative burden of processing what may be an
overwhelming number of claims.

The Debtors request that the undisputed fees and expenses incurred
by the Claims and Noticing Agent in the performance of the services
be treated as administrative expenses of their estates and be paid
in the ordinary course of business without further application to
or order of the Court.  The Debtors also agree to  reimburse Epiq
for reasonable out-of-pocket expenses expenses including, among
other things, print or copy re-runs, supplies, long distance phone
calls, travel expenses and overtime expenses.

Epiq's Claim Administration Hourly Rates are as follows:

   Title                                      Rates
   -----                                     -------
   Clerical/Administrative Support           $25-$45
   Case Manager                              $50-$80
   Sr. Case Manager/Dr. of Case Management   $75-$150
   IT / Programming                          $35-$95
   Consultant/ Sr. Consultant                $145-$170
   Director/Vice President                   $190
   Executive Vice President, Solicitation    $200     

Prior to the Petition Date, the Debtors provided the Claims and
Noticing Agent a retainer of $10,000.  The Claims and Noticing
Agent seeks to apply the retainer first to all prepetition
invoices, and thereafter, to have the retainer replenished to the
original retainer amount and hold the retainer under the Engagement
Agreement during the Chapter 11 cases as security for the payment
of fees and expenses incurred under the Engagement Agreement.

The Debtors will indemnify, defend and hold Epiq, its affiliates,
parent, and each such entity's officers, members, directors,
agents, representatives, managers, consultants and employees
harmless from and against any and all losses, claims, damages,
liabilities, costs to which any indemnified person may become
subject or involved in any capacity arising out of or relating to
this Agreement or Epiq's rendering of services, other than losses
resulting solely from Epiq's gross negligence or willful
misconduct.

Epiq represents that it is a "disinterested person" as that term is
defined in Section 101(14) of the Bankruptcy Code with respect to
the matters upon which it is to be engaged.

                    About Last Call Guarantor

Headquartered in Dallas, Texas, and with operations in 25 states,
the Debtors own and operate sports bar and casual family-dining
restaurants under three well-recognized concepts, namely Fox &
Hound, Bailey's Sports Grille, and Champps.  The Debtors operate 48
Fox & Hound locations, nine Bailey's locations, and 23 Champps
locations.  The Debtors have franchise agreements with five
franchisees for Champps Restaurants.  The Debtors have more than
4,700 full and part-time employees.

On Aug. 10, 2016, each of Last Call Guarantor, LLC, Last Call
Holding Co. I, Inc., Last Call Operating Co. I, Inc.,  F&H
Restaurants IP, Inc., KS Last Call Inc., Last Call Holding Co. II,
Inc., Last Call Operating Co. II, Inc., Champps Restaurants IP,
Inc. and MD Last Call Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Del. Case Nos. 16-11844 to 16-11852).  The petitions
were signed by Roy Messing as chief restructuring officer.

Last Call Guarantor estimated assets in the range of $10 million to
$50 million and liabilities of $100 million to $500 million.

Greenberg Traurig, LLP represents the Debtors as counsel.

Judge Kevin Gross is assigned to the cases.


LES CHEVEUX: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Les Cheveux Salon, Inc.
           dba Les Cheveux Salon & Day Spa
           dba Les Cheveux School of Cosmetology & Aesthetics
           dba Hair Etc.
        306 McClanahan Street
        Roanoke, VA 24014

Case No.: 16-71058

Chapter 11 Petition Date: August 10, 2016

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

Judge: Hon. Paul M. Black

Debtor's Counsel: Andrew S Goldstein, Esq.
                  MAGEE GOLDSTEIN LASKY & SAYERS, P.C.
                  PO Box 404
                  Roanoke, VA 24003
                  Tel: 540 343-9800
                  E-mail: agoldstein@mglspc.com

                     - and -

                  Garren R. Laymon, Esq.
                  MAGEE GOLDSTEIN LASKY & SAYERS, PC
                  P. O. Box 404
                  Roanoke, VA 24003
                  Tel: (540) 343-9800
                  Fax: (540)343-9898
                  E-mail: glaymon@mglspc.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sherman D. Argenbright, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/vawb16-71058.pdf


LIQUIDMETAL TECHNOLOGIES: Incurs $824,000 Net Loss in 2nd Quarter
-----------------------------------------------------------------
Liquidmetal Technologies, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss and comprehensive loss of $824,000 on $34,000 of total
revenue for the three months ended June 30, 2016, compared to a net
loss and comprehensive loss of $2.08 million on $39,000 of total
revenue for the same period last year.

For the six months ended June 30, 2016, the Company reported a net
loss and comprehensive loss of $10 million on $202,000 of total
revenue compared to a net loss and comprehensive loss of $4.56
million on $65,000 of total revenue for the six months ended
June 30, 2015.

As of June 30, 2016, Liquidmetal had $11.11 million in total
assets, $5.74 million in total liabilities and $5.36 million in
total shareholders' equity.

"We anticipate that our current capital resources, when considering
expected losses from operations and excluding the potential
additional $55.0 million investment by the Investor, will be
sufficient to fund our operations through the middle of 2017.  We
have a relatively limited history of producing bulk amorphous alloy
products and components on a mass-production scale.  Furthermore,
the ability of future contract manufacturers to produce our
products or components in desired quantities and at commercially
reasonable prices is uncertain and is dependent on a variety of
factors that are outside of our control, including the nature and
design of the product or component, the customer's specifications,
and required delivery timelines.  These factors will likely require
that we make further equity sales under the 2016 Purchase
Agreement, raise additional funds by other means, or pursue other
strategic initiatives to support our operations beyond the middle
of 2017.  There is no assurance that we will be able to make
further equity sales under the 2016 Purchase Agreement or raise
additional funds by other means on acceptable terms, if at all.  If
we were to make further equity sales under the 2016 Purchase
Agreement or to raise additional funds through other means by
issuing securities, existing shareholders will be diluted.  If
funding is insufficient at any time in the future, we may be
required to alter or reduce the scope of our operations or to cease
operations entirely.  Uncertainty as to the outcome of these
factors raises substantial doubt about our ability to continue as a
going concern," the Company states in the report.

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

                    https://is.gd/f73W62

               About Liquidmetal Technologies

Based in Rancho Santa Margarita, Cal., Liquidmetal Technologies,
Inc., and its subsidiaries are in the business of developing,
manufacturing, and marketing products made from amorphous alloys.
Liquidmetal Technologies markets and sells Liquidmetal(R) alloy
industrial coatings and also manufactures, markets and sells
products and components from bulk Liquidmetal alloys that can be
incorporated into the finished goods of its customers across a
variety of industries.  The Company also partners with third-
party licensees and distributors to develop and commercialize
Liquidmetal alloy products.

Liquidmetal reported a net loss and comprehensive loss of $7.31
million on $125,000 of total revenue for the year ended Dec. 31,
2015, compared to a net loss and comprehensive loss of $6.55
million on $603,000 of total revenue for the year ended Dec. 31,
2014.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, stating that the Company has suffered
recurring losses from operations, has negative cash flows from
operations and has an accumulated deficit.  This raises substantial
doubt about the Company's ability to continue as a going concern.


LITE SOLAR: Taps Leslie Cohen as Bankruptcy Counsel
---------------------------------------------------
Lite Solar Corp. seeks authorization from the U.S. Bankruptcy Court
for the Central District of California to employ Leslie Cohen Law,
PC as bankruptcy counsel, effective July 27, 2016.

The Debtor requires Leslie Cohen to:

   (a) advise Applicant regarding its rights and responsibilities
       as a Chapter 11 debtor and a debtor in possession,
       specifically including the requirements of the U.S.
       Bankruptcy Code, the Federal Rules of Bankruptcy Procedure,

       the Local Bankruptcy Rules, and how the application of such

       provisions relates to the administration of Applicant's
       estate;

   (b) advise and assist Applicant in connection with the
       preparation of certain documents to be filed with the
       Bankruptcy Court and/or the Office of the U.S. Trustee;

   (c) represent Applicant, with respect to bankruptcy issues, in
       the context of its pending Chapter 11 case, and represent
       Applicant in contested matters as would affect the
       administration of the Debtor's case, except to the extent
       that any such proceeding pertains to the excluded services
       described above or requires expertise in areas of law
       outside of the Firm's expertise;

   (d) advise, assist and represent Applicant in the
       negotiation, formulation and attempted confirmation of a
       plan of reorganization;

   (e) render services for the purpose of pursuing, litigating
       and/or settling litigation as may be necessary and
       appropriate in connection with this case, including
       without limitation objections to claims, adversary
       proceedings to recover preferences and fraudulent
       conveyances, and all associated matters.

The firm will be paid at these hourly rates:

       Leslie Cohen                $575
       J'aime Williams             $380
       Senior Contract Attorneys   $350
       Brian Link                  $290

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

The Firm received a pre-petition retainer of $72,000.10 which was
paid by Debtor. Of this amount, $14,866.90 was expended on
pre-petition services and the petition filing fee. The balance of
$57,133.10 has been deposited in a segregated trust account per the
requirement of the United States Trustee. Once the retainer is
reduced to $5,000, it must be replenished to $15,000, to be paid
from estate sources, or if not allowed, non-estate sources
specifically from Ranbir Sahni personally, through loans to the
estate or as capital contributions and bills kept current from such
non-estate sources, to be billed on a monthly basis.

Leslie A. Cohen, president and sole shareholder of the firm,
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:

       Leslie A. Cohen, Esq.
       J'aime K. Williams Esq.
       Brian A. Link, Esq.
       LESLIE COHEN LAW, PC
       506 Santa Monica Blvd., Suite 200
       Santa Monica, CA 90401
       Tel: (310) 394-5900
       Fax: (310) 394-9280
       E-mail: leslie@lesliecohenlaw.com
               jaime@lesliecohenlaw.com
               brian@lesliecohenlaw.com

                  About Lite Solar Corp

Lite Solar Corp., based in Long Beach, Calif., filed a Chapter 11
petition (Bankr. C.D. Calif. Case No. 16-19896) on July 27, 2016.  
The Hon. Sheri Bluebond presides over the case. Leslie A. Cohen,
Esq. as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and liabilities.  The petition was signed by Ranbir S.
Sahni, president.


LIVE OAK: Authorized to Use IRS Cash Collateral on Interim Basis
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
authorized Live Oak Lounge, LLC, to use cash collateral on an
interim basis.

The Court acknowledged that an immediate and critical need exists
for the Debtor to use cash collateral, as it does not have
sufficient income and financing to pay its operating costs
otherwise, resulting in serious and irreparable harm to the Debtor,
the bankruptcy estate, and property securing debts.  

The Debtor was authorized to pay prepetition compensation in
connection with ongoing operations to current employees.  The
Debtor was also authorized to pay U.S. Trustee fees incurred during
the case.

The Court allowed the Debtor to use the Internal Revenue Service's
asserted cash collateral, as well as the property in which the IRS
has asserted a secured interest  The Debtor's use of the cash
collateral of the IRS is limited only for ordinary business
expenses, consistent with the Debtor's cash flow projections.

The IRS was granted adequate protection in the form of replacement
liens on post-petition cash collateral and property of the Debtors,
and their proceeds, of the same validity, extent and priority of
the IRS’ liens prior to the Petition Date.

A full-text copy of the Interim Order, dated August 3, 2016, is
available at https://is.gd/D7tpqP

                   About Live Oak Lounge

Live Oak Lounge, LLC is a Texas Limited liability company formed to
provide an independent music venue, bar and restaurant in Fort
Worth, TX.  On July 8, 2016, Live Oak Lounge, LLC commenced a
Chapter 11 case (Bankr. N.D. Tex. Case No. 16-42659).  The petition
was signed by Robert Johnson, managing member. The bankruptcy case
was filed because Debtor's past mismanagement resulted in an IRS
tax lien exceeding $200,000.

The Debtor is represented by Warren V. Norred, Esq., at Norred Law,
PLLC.  The Debtor estimated assets at $0 to $500,000 and
liabilities at $500,001 to $1 million at the time of the filing.


LONG-DEI LIU: Has Until Dec. 8 to Use Cash Collateral
-----------------------------------------------------
Judge Theodor C. Albert of the U.S. Bankruptcy Court for the
Central District of California, authorized Long-Dei Liu to use cash
collateral until Dec. 8, 2016.

Judge Albert granted the Debtor's Judgment Creditor a replacement
lien in the Debtor's post-petition non-exempt cash, in the same
extent, validity, and priority up to the amount of the cash
collateral existing as of the Petition Date.

A full-text copy of the Order, dated Aug. 3, 2016, is available at
https://is.gd/yulEkF

                   About Long-Dei Liu

Orange, Calif.-based Long-Dei Liu filed for Chapter 11 bankruptcy
protection (Bankr. C.D. Cal. Case No. 16-11588).  Judge Theodor
Albert presides over the case.  Long-Dei Liu, MD, is a single
practitioner who has practiced obstetrics and gynecology since
1981.


LPATH INC: Incurs $2.66 Million Net Loss in Second Quarter
----------------------------------------------------------
LPath, Inc., filed with the U.S. Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $2.66
million on $9,243 of revenues for the three months ended June 30,
2016, compared to a net loss of $2.67 million on $13,329 of
revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $4.60 million on $18,851 of revenues compared to a net loss
of $5.44 million on $26,964 of revenues for the same period during
the prior year.

As of June 30, 2016, LPath had $7.06 million in total assets,
$800,818 in total liabilities, and $6.26 million in total
stockholders' equity.

"As of June 30, 2016, the company had cash and cash equivalents
totaling $4.7 million.  We may also receive limited additional
funding from future awards of grants from NIH or DoD.  Potential
additional near term sources of cash may include the proceeds from
the sale of our stock under the MLV agreement.  As they are
currently planned, however, we do not believe that our existing
cash resources will be sufficient to meet our operating plan for
the full 12 month period after the date of this filing.  To help
extend our operating window, we have reduced our headcount and
limited our research and product development activities.  Based on
our current plans and available resources, we believe we can
maintain our current operations through November 30, 2016.  We
estimate that at November 30, 2016 the costs to wind-down our
operations in an orderly manner would be approximately $2.0
million.  As a result, to continue to fund our ongoing operations,
including our drug discovery and development projects, beyond
November 2016, we would need to secure significant additional
capital.   Moreover, our expenses may exceed our current plans and
expectations, which would require us to secure additional capital
or wind-down our operations sooner than anticipated.

"Our Board of Directors has engaged a financial advisory firm to
explore our available strategic alternatives, including possible
mergers and business combinations, a sale of part or all of our
assets, collaboration and licensing arrangements and/or equity and
debt financings.  This strategic process is both active and
ongoing, and includes a range of interactions with potential
transaction counterparties.  We believe it is in our stockholders'
best interests at this time to continue to pursue one or more of
these transactions, or other strategic alternatives we may identify
in the near term.  Although we are actively pursuing our strategic
alternatives, there is no assurance that we will be able to
successfully negotiate and consummate a transaction on a timely
basis, or at all.  Further, our expenses may exceed our current
plans and expectations, which could require us to complete a
transaction or wind-down our operations sooner than anticipated,"
the Company stated in the report.

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

                   https://is.gd/FTK5ux

                        About LPath

San Diego, Calif.-based Lpath, Inc. is a biotechnology company
focused on the discovery and development of lipidomic-based
therapeutics, an emerging field of medical science whereby
bioactive lipids are targeted to treat human diseases.

LPath reported a net loss of $10.01 million on $1.59 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $16.55 million on $5.08 million of total revenues for the
year ended Dec. 31, 2014.

Moss Adams 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 and
negative operating cash flows raise substantial doubt about the
Company's ability to continue as a going concern.


LYONDELL CHEMICAL: $6.3B Clawback Claim Reinstated
--------------------------------------------------
Judge Denise Cote of the United States District Court for the
Southern District of New York reversed the bankruptcy court's
November 18, 2015 decision and reinstated the intentional
fraudulent conveyance claim filed by Lyondell Chemical Company's
unsecured creditors, through their trustee Edward S. Weisfelner.

Lyondell's unsecured creditors asked for reinstatement of their
claim that Lyondell engaged in an international fraudulent transfer
in connection with Lyondell's 2007 leveraged buyout.  The claim,
which is brought pursuant to 11 U.S.C. section 548(a)(1)(A), sought
to claw back approximately $6.3 billion in distributions made to
Lyondell shareholders through the LBO.

The case is EDWARD S. WEISFELNER, as Litigation Trustee of the LB
Litigation Trust Trustee, v. HOFMANN, et al., Shareholders, No.
16cv518 (DLC) (S.D.N.Y.), relating to In Re: LYONDELL CHEMICAL CO.,
et al., Debtors.

A full-text copy of Judge Cote's July 27, 2016 opinion and order is
available at https://is.gd/Pe6Fvf from Leagle.com.

Edward S. Weisfelner, Appellant, represented by May Orenstein --
morenstein@brownrudnick.com -- Brown Rudnick LLP & Sigmund Samuel
Wissner-Gross -- swissnergross@brownrudnick.com -- Brown Rudnick
LLP.

Doft and Co., Inc., Elisabeth H. Doft, MJR Partners, RBC Dominion
Securities, HBK Master Fund L.P., Affiliate of Mutual Fund 12,
Affiliate of Broker-Dealer 1, Affiliate of Broker-Dealer 2,
Affiliate of Broker-Dealer 3, Affiliate of Corporation 1,
Corporation 5, Corporation 6, Affiliate of Mutual Fund 7, Fund 5,
Fund 6, Fund 7, Fund 8, Fund 9, Fund 10, Fund 11, Fund 12, Fund 13,
Fund 14, BellSouth Corporation Representable Employees Health Care
Trust- Retirees, BellSouth Corporation RFA VEBA Trust, NBCN, Inc.,
Affiliate of Mutual Fund 10, Bank 3, Bank 4, Bank 5, F/A/O FNY
SEC/HLW Group, Appellees, represented by Philip David Anker --
philip.anker@wilmerhale.com -- Wilmer Cutler Pickering Hale and
Dorr LLP, Ross Eric Firsenbaum -- ross.firsenbaum@wilmerhale.com --
Wilmer Cutler Pickering Hale and Dorr LLP, Andrew Easton Glantz --
andrew.glantz@wilmerhale.com -- Wilmer Cutler Pickering Hale & Dorr
LLP, Ari Joseph Savitzky -- ari.savitzky@wilmerhale.com -- Wilmer
Cutler Pickering Hale & Dorr LLP, Hanna A. Baek --
hanna.baek@wilmerhale.com -- Wilmer Cutler Pickering Hale and Dorr
& Michael A. Guippone -- michael.guippone@wilmerhale.com -- Wilmer
Cutler Pickering Hale & Dorr LLP.

Alfred R Hoffmann Charles Schwab & Co Inc Cust IRA Contributory,
Appellee, represented by Sandra Dawn Grannum --
sandra.grannum@dbr.com -- Drinker Biddle & Reath, LLP.

Alpine Associates, Appellee, represented by Jeanette Rodriguez,
Thompson Hine LLP, Joseph William Muccia --
joe.muccia@thompsonhine.com -- Thompson Hine LLP, Norman Arthur
Bloch -- norman.bloch@thompsonhine.com -- Thompson Hine LLP & Shaun
David McElhenny -- shaun.mcelhenny@thompsonhine.com -- Thompson
Hine LLP.

Arbor Place Limited Partnership, Appellee, represented by William
A. Rome -- war@robinsonbrog.com -- Robinson Brog Leinwand Greene
Genovese & Gluck PC.

Bellsouth Group Life Trust - S& A/K/A Bellsouth Corporation RFA
Veba Trust, BellSouth Healthcare S&P 400 A/K/A BellSouth
Corporation Representable Employees Health Care Trust-Retirees,
Broker-Dealer 1, Broker-Dealer 2, Broker-Dealer 3, Corporation 1,
Doft & Co., Inc. Firm Account, First NY Securities / Britally
Capital A/K/A First New York Securities, LLC, Fund 4, Individual
15, Appellees, represented by Ari Joseph Savitzky, Wilmer Cutler
Pickering Hale & Dorr LLP, Hanna A. Baek, Wilmer Cutler Pickering
Hale and Dorr, Peter J. Macdonald, Wilmer Cutler Pickering Hale and
Dorr LLP, Philip David Anker, Wilmer Cutler Pickering Hale and Dorr
LLP & Ross Eric Firsenbaum, Wilmer Cutler Pickering Hale and Dorr
LLP.

Bernard v Fultz Trustee U/W Anderson B Kibble, Appellee,
represented by Conrad K. Chiu, Pryor Cashman LLP.

Cato Enterprises LLC Arbitrage Account, Appellee, represented by
Craig Scott Hilliard, Stark & Stark, P.C..

Corporation 2, Appellee, represented by David Barry Schwartz,
Norton Rose Fulbright US LLP.

Corporation 4, Appellee, represented by Brian David Koosed, K&L
Gates LLP, Richard S. Miller, K&L Gates LLP & Robert T. Honeywell,
K&L Gates LLP.

Credit Agricole Securities (USA) Inc. f/k/a Calyon Securities (USA)
Inc., Appellee, represented by Ana M. Alfonso, Willkie Farr &
Gallagher LLP.

Denis Patrick Kelleher, Esq. PLLC, Appellee, represented by Denis
Patrick Kelleher, Jr., Clayman & Rosenberg.

Diane L. Abbey, Appellee, represented by Karin Elizabeth Fisch,
Abbey Spanier, LLP.

Donald M Balcuns Living Trust Donald M Balcuns and Jennie Anne
Balcuns, Appellee, represented by Jonathan S. Pasternak, DelBello
Donnellan Weingarten Wise & Wiederkehr, L.L.P..

Douglas Light & Judith Light Trustees of the Douglas M. & Judith A.
Light Rev U/A Dated 02/06/1995, Appellee, represented by Bradley S.
Defoe, Varnum LLP, pro hac vice.

Dudley C. Mecum, Family Foundation 1, Fund 2, Harold S. Hook, HTB
Investments LLC, Individual 11, Appellees, represented by John F.
Higgins, Jackson Lewis P.C..

Equity Overlay Fund LLC, Appellee, represented by Richard S.
Miller, K&L Gates LLP, Robert T. Honeywell, K&L Gates LLP & Ryan M.
Tosi, K & L Gates LLP.

Family Foundation 2, Appellee, represented by Christopher Charles
Gartman, Hughes Hubbard & Reed LLP, David Parker, Kleinberg,
Kaplan,Wolff & Cohen,P.C., Kathryn Anne Coleman, Hughes Hubbard &
Reed LLP & Matthew J. Gold, Kleinberg,Kaplan,Wolff & Cohen,P.C..

Farallon Capital, Appellee, represented by David Parker, Kleinberg,
Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold, Kleinberg,
Kaplan,Wolff & Cohen,P.C..

Fifth Third Bank, Appellee, represented by Conrad K. Chiu, Pryor
Cashman LLP & Ronald S. Beacher, Day Pitney, L.L.P..

Financial Advisor 3, Appellee, represented by Anthony Sharett,
Baker & Hostetler LLP, pro hac vice, Jacqueline Matthews, Baker &
Hostetler LLP, pro hac vice & James Kevin Haney, Wong Fleming,
P.C..

Fund 1, Fund 23, Appellees, represented by Bonnie K. Steingart,
Fried, Frank, Harris, Shriver & Jacobson LLP & Julia V.
Smolyanskiy, Fried, Frank, Harris, Shriver & Jacobson LLP.

Fund 33, Appellee, represented by David Steve Mordkoff, Proskauer
Rose LLP, Harry Frischer, Proskauer Rose LLP & Stephen Leonard
Ratner, Proskauer Rose LLP.

Gabelli Associates, Appellee, represented by Andrew J. Entwistle,
Entwistle & Cappucci LLP & Vincent Roger Cappucci, Entwistle &
Cappucci LLP.

Geza Szayer Paulette Szayer, Appellee, represented by William A.
Rome, Robinson Brog Leinwand Greene Genovese & Gluck PC.

Harvest AA Capital LP, Harvest Capital LP, Appellee, represented by
Brian Theodore Kohn, Schulte, Roth & Zabel LLP.

Individual 13, Individual 17, Individual 20, Individual 21,
Individual 25, Appellees, represented by Christopher Charles
Gartman, Hughes Hubbard & Reed LLP & Kathryn Anne Coleman, Hughes
Hubbard & Reed LLP.

Individual 19, Appellee, represented by Christopher Charles
Gartman, Hughes Hubbard & Reed LLP, David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C., Kathryn Anne Coleman, Hughes
Hubbard & Reed LLP & Matthew J. Gold, Kleinberg,Kaplan,Wolff &
Cohen,P.C..

Individual 22, Appellee, represented by Christopher Charles
Gartman, Hughes Hubbard & Reed LLP, John F. Higgins, Jackson Lewis
P.C. & Kathryn Anne Coleman, Hughes Hubbard & Reed LLP.

Individual 23, Appellee, represented by Bonnie K. Steingart, Fried,
Frank, Harris, Shriver & Jacobson LLP, Christopher Charles Gartman,
Hughes Hubbard & Reed LLP, Julia V. Smolyanskiy, Fried, Frank,
Harris, Shriver & Jacobson LLP & Kathryn Anne Coleman, Hughes
Hubbard & Reed LLP.

Individual 24, Appellee, represented by Bonnie K. Steingart, Fried,
Frank, Harris, Shriver & Jacobson LLP & Julia V. Smolyanskiy,
Fried, Frank, Harris, Shriver & Jacobson LLP.

Individual 26, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Individual 27, Appellee, represented by Sandra Dawn Grannum,
Drinker Biddle & Reath, LLP.

Individual 3, Appellee, represented by Christopher Charles Gartman,
Hughes Hubbard & Reed LLP, David Parker, Kleinberg,Kaplan,Wolff &
Cohen,P.C.,Kathryn Anne Coleman, Hughes Hubbard & Reed LLP &
Matthew J. Gold, Kleinberg,Kaplan,Wolff & Cohen,P.C..

Individual 4, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Individual 5, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Individual 6, Appellee, represented by Christopher Charles Gartman,
Hughes Hubbard & Reed LLP & Kathryn Anne Coleman, Hughes Hubbard &
Reed LLP.

Individual 8, Appellee, represented by Christopher Charles Gartman,
Hughes Hubbard & Reed LLP & Kathryn Anne Coleman, Hughes Hubbard &
Reed LLP.

Individual 9, Appellee, represented by Christopher Charles Gartman,
Hughes Hubbard & Reed LLP & Kathryn Anne Coleman, Hughes Hubbard &
Reed LLP.

James Floyd Bisset Charles Schwab & Co Inc Cust IRA Contributory,
Appellee, represented by Sandra Dawn Grannum, Drinker Biddle &
Reath, LLP.

James Siegel, Appellee, represented by Jonathan S. Pasternak,
DelBello Donnellan Weingarten Wise & Wiederkehr, L.L.P..

John Deere Pension Trust, Appellee, represented by Richard S.
Miller, K&L Gates LLP & Ryan M. Tosi, K & L Gates LLP.

Joseph DiBenedetto Jr Trustee of the Joseph DiBenedetto Jr MD Inc
Def Cont U/A Dated 10/01/84 Account 1, Appellee, represented by
Sandra Dawn Grannum, Drinker Biddle & Reath, LLP.

KDC Merger Arbitrage Fund, LP, Appellee, represented by Guy
Petrillo, Petrillo Klein & Boxer LLP & Daniel Zachary Goldman,
Petrillo Klein LLP.

Kermit R. Meade, Appellee, represented by Sandra Dawn Grannum,
Drinker Biddle & Reath, LLP.

Kirk E Heyne & Karen A Twitchell Ten/Com, Appellee, represented by
John F. Higgins, Jackson Lewis P.C..

Lampost Blue Chip Fund LP, Appellee, represented by Sandra Dawn
Grannum, Drinker Biddle & Reath, LLP.

Litespeed Master Fund Ltd., Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Jennie Anne Balcuns and Donald M Balcuns, Appellee, represented
byJonathan S. Pasternak, DelBello Donnellan Weingarten Wise &
Wiederkehr, L.L.P..

M Hakan & R Salkin Trustees of the Michael J. Hakan Charitable Re
U/A Dated 12/20/1995, Appellee, represented by William A. Rome,
Robinson Brog Leinwand Greene Genovese & Gluck PC.

Mary B Ord UTA Charles Schwab & Co Inc IRA Contributory Dated
10/06/91, Appellee, represented by Sandra Dawn Grannum, Drinker
Biddle & Reath, LLP.

Michael Jarrett IRA, Appellee, represented by Sandra Dawn Grannum,
Drinker Biddle & Reath, LLP.

Mutual Fund 10, Appellee, represented by Ari Joseph Savitzky,
Wilmer Cutler Pickering Hale & Dorr LLP, Hanna A. Baek, Wilmer
Cutler Pickering Hale and Dorr, Peter J. Macdonald, Wilmer Cutler
Pickering Hale and Dorr LLP, Philip David Anker, Wilmer Cutler
Pickering Hale and Dorr LLP & Ross Eric Firsenbaum, Wilmer Cutler
Pickering Hale and Dorr LLP.

Mutual Fund 12, Appellee, represented by Ari Joseph Savitzky,
Wilmer Cutler Pickering Hale & Dorr LLP, Hanna A. Baek, Wilmer
Cutler Pickering Hale and Dorr, Peter J. Macdonald, Wilmer Cutler
Pickering Hale and Dorr LLP, Philip David Anker, Wilmer Cutler
Pickering Hale and Dorr LLP & Ross Eric Firsenbaum, Wilmer Cutler
Pickering Hale and Dorr LLP.

Mutual Fund 20, Mutual Fund 21, Mutual Fund 22, Mutual Fund 23,
Mutual Fund 24, Mutual Fund 25, Mutual Fund 26, Mutual Fund 27,
Mutual Fund 28, Mutual Fund 29, Appellees, represented by Michael
S. Doluisio, Dechert LLP, pro hac vice.

Mutual Fund 5, Mutual Fund 6, Appellees, represented by Alan W.
Kornberg, Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Mutual Fund 7, NBCN Inc., Appellees, represented by Ari Joseph
Savitzky, Wilmer Cutler Pickering Hale & Dorr LLP, Hanna A. Baek,
Wilmer Cutler Pickering Hale and Dorr, Peter J. Macdonald, Wilmer
Cutler Pickering Hale and Dorr LLP, Philip David Anker, Wilmer
Cutler Pickering Hale and Dorr LLP & Ross Eric Firsenbaum, Wilmer
Cutler Pickering Hale and Dorr LLP.

Neil T Eigen & Patricia S Eigen Jt Ten, Appellee, represented by
Eduardo Jorge Glas, Tseitlin & Glas, P.C..

Neil T Eigen Charles Schwab & Co Inc Cust IRA Rollover, Appellee,
represented by Eduardo Jorge Glas, Tseitlin & Glas, P.C..

Noonday Capital Partners LLC, Appellee, represented by David
Parker, Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Ohio Carpenters MidCap, Appellee, represented by John Winship Read,
Vorys, Sater, Seymour & pease & Robert Alan Koenig, Shumaker, Loop
& Kendrick, LLP.

OP&F / Intech, Pension Fund 1, Pension Fund 2, Appellee,
represented by Daniel R. Swetnam, Schwartz, Kelm, Warren & Ramirez,
pro hac vice.

Pension Fund 4, Pension Fund 5, Appellee, represented by Patrick
Sibley, Pryor Cashman LLP.

Pension Fund 6, Appellee, represented by Paulina Stamatelos, New
York State Attorney General's Office.

Peter Randall Zierhut Gayle M Zierhut Jt Ten, Appellee, represented
byWilliam A. Rome,

Robinson Brog Leinwand Greene Genovese & Gluck PC.

Primevest Financial Services, Appellee, represented by William Hao,
Alston & Bird, LLP.

PSAM Europe Master Fund, Ltd., Appellee, represented by Ana M.
Alfonso, Willkie Farr & Gallagher LLP.

PSAM World Arbritrage Master Fund Ltd., Appellee, represented by
Ana M. Alfonso, Willkie Farr & Gallagher LLP.

Rangeley Capital Partners LP, Appellee, represented by Mark Joseph
Hyland, Seward & Kissel LLP.

Redbourn Partners Ltd., Appellee, represented by Richard S. Miller,
K&L Gates LLP & Ryan M. Tosi, K & L Gates LLP.

Robert Emery & Dana Emery, Trustees of the Robert L & Dana M Emery
Family U/A Dated 06/22/1998, Appellee, represented by Sandra Dawn
Grannum, Drinker Biddle & Reath, LLP.

Sacramento Employees Retirement System Russell, Appellee,
represented byMelvin Arnold Brosterman, Stroock & Stroock & Lavan
LLP & Patrick Nicholas Petrocelli, Stroock & Stroock & Lavan LLP.

Sandra A Smith Ten/Com, Appellee, represented by John F. Higgins,
Jackson Lewis P.C..

Sanford Saul Wadler, Appellee, represented by Robert N. H.
Christmas, Nixon Peabody LLP.

Sano Investments LLC, Appellee, represented by Douglas R. Hirsch,
Sadis & Goldberg.

Skylands Special Investment LLC, Appellee, represented by Robert
Anthony Gretch, Kirkland & Ellis LLP.

State Teachers Retirement System, Appellee, represented by Conrad
K. Chiu, Pryor Cashman LLP & Ronald S. Beacher, Day Pitney,
L.L.P..

Sumitomo Trust & Banking, Appellee, represented by Jordan E. Stern,
Becker, Glynn, Muffly, Chassin & Hosinski LLP.

Thomas Gwinford Barton Charles Schwab & Co Inc Cust IRA Rollover,
Appellee, represented by Sandra Dawn Grannum, Drinker Biddle &
Reath, LLP.

Timber Hill LLC, Appellee, represented by Guy Petrillo, Petrillo
Klein & Boxer LLP & Daniel Zachary Goldman, Petrillo Klein LLP.

Timothy Ord & Mary B Ord Jt Ten, Appellee, represented by Sandra
Dawn Grannum, Drinker Biddle & Reath, LLP.

Timothy Ord UTA Charles Schwab & Co Inc IRA Contributory Dated
10/04/91, Appellee, represented by Sandra Dawn Grannum, Drinker
Biddle & Reath, LLP.

Timothy Ord UTA Charles Schwab & Co Inc IRA Rollover Dated
01/14/97, Appellee, represented by Sandra Dawn Grannum, Drinker
Biddle & Reath, LLP.

Tinicum Partners, L.P., Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Touradji Diversified Master Fund Ltd., Appellee, represented by Ana
M. Alfonso, Willkie Farr & Gallagher LLP.

Touradji Global Resources Master Fund, Ltd., Appellee, represented
by Ana M. Alfonso, Willkie Farr & Gallagher LLP.

Track Data Corporation, Appellee, represented by Robert P. Bramnik,
Duane Morris LLC.

Trust 1, Appellee, represented by Bonnie K. Steingart, Fried,
Frank, Harris, Shriver & Jacobson LLP & Julia V. Smolyanskiy,
Fried, Frank, Harris, Shriver & Jacobson LLP.

Trust 10, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Trust 11, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Trust 2, Appellee, represented by Bonnie K. Steingart, Fried,
Frank, Harris, Shriver & Jacobson LLP & Julia V. Smolyanskiy,
Fried, Frank, Harris, Shriver & Jacobson LLP.

Trust 3, Appellee, represented by Courtney Elizabeth Scott,
Tressler, LLP.

Trust 5, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Trust 6, Appellee, represented by Bonnie K. Steingart, Fried,
Frank, Harris, Shriver & Jacobson LLP & Julia V. Smolyanskiy,
Fried, Frank, Harris, Shriver & Jacobson LLP.

Trust 8, Appellee, represented by David Parker,
Kleinberg,Kaplan,Wolff & Cohen,P.C. & Matthew J. Gold,
Kleinberg,Kaplan,Wolff & Cohen,P.C..

Trust 9, Appellee, represented by Sandra Dawn Grannum, Drinker
Biddle & Reath, LLP.

Virginia L. Lyon, Appellee, represented by Robert E. Bartkus,
McCusker, Anselmi, Rosen, Carvelli, P.C..

VTrader Pro, LLC, Appellee, represented by Richard Milton Asche,
Litman, Asche Lupkin, Gioiella & Bassin, LLP.

Wabash Harvest Partners LP, Appellee, represented by Brian Theodore
Kohn, Schulte, Roth & Zabel LLP & David Keith Momborquette, Schulte
Roth & Zabel LLP.

William J. Harkinson & Sarah A Harkinson Ten/Com, Appellee,
represented by John F. Higgins, Jackson Lewis P.C..

William J Hughes Charles Schwab & Co Inc Cust IRA Contributory,
Appellee, represented by Sandra Dawn Grannum, Drinker Biddle &
Reath, LLP.

Working Womans Home Association, Appellee, represented by Courtney
Elizabeth Scott, Tressler, LLP.

Yield Strategies Fund II, LP, Appellee, represented by Richard S.
Miller, K&L Gates LLP, Robert T. Honeywell, K&L Gates LLP & Ryan M.
Tosi, K & L Gates LLP.

ZLP Master Opportunity Fund Ltd., Appellee, represented by David A.
Pisciotta, Troutman

Sanders LLP, Hugh M. McDonald, Troutman Sanders LLP & Jonathan
David Forstot, Troutman Sanders LLP.

Coastview Equity Partners, Appellee, represented by John F.
Higgins, Jackson Lewis P.C..

Garth Heitshusen, Appellee, represented by John F. Higgins, Jackson
Lewis P.C..

Stephen HInchliffe, Appellee, represented by John F. Higgins,
Jackson Lewis P.C..

Ann Hinchliffe, Appellee, represented by John F. Higgins, Jackson
Lewis P.C..

Arthur and Nancy Lee, Appellee, represented by Bruce I. Goldstein,
McCusker, Anselmi, Rosen,Carvelli & PC.

Taliesin Capital Partners LP, ADR Provider, represented by Dianne
Frances Coffino, Covington & Burling LLP.

                 About Lyondell Chemical

LyondellBasell Industries is one of the world's largest polymers,
petrochemicals and fuels companies.  Luxembourg-based Basell AF
and Lyondell Chemical Company merged operations in 2007 to form
LyondellBasell Industries, the world's third largest independent
chemical company.  LyondellBasell became saddled with debt as
part of the US$12.7 billion merger.  Len Blavatnik's Access
Industries owned the Company prior to its bankruptcy filing.

On Jan. 6, 2009, LyondellBasell Industries' U.S. operations,
led by Lyondell Chemical Co., and one of its European holding
companies -- Basell Germany Holdings GmbH -- filed voluntary
petitions to reorganize under Chapter 11 of the U.S. Bankruptcy
Code to facilitate a restructuring of the company's debts.  The
case is In re Lyondell Chemical Company, et al., Bankr. S.D.N.Y.
Lead Case No. 09-10023).  Seventy-nine Lyondell entities filed
for Chapter 11.  Luxembourg-based LyondellBasell Industries AF
S.C.A. and another affiliate were voluntarily added to Lyondell
Chemical's reorganization filing under Chapter 11 protection on
April 24, 2009.

Deryck A. Palmer, Esq., at Cadwalader, Wickersham & Taft LLP, in
New York, served as the Debtors' bankruptcy counsel.  Evercore
Partners served as financial advisors, and Alix Partners and its
subsidiary AP Services LLC, served as restructuring advisors.
AlixPartners' Kevin M. McShea acted as the Debtors' Chief
Restructuring Officer.  Clifford Chance LLP served as
restructuring advisors to the European entities.

LyondellBasell emerged from Chapter 11 bankruptcy protection in
May 2010, with a plan that provides the Company with US$3 billion
of opening liquidity.  A new parent company, LyondellBasell
Industries N.V., incorporated in the Netherlands, is the
successor of the former parent company, LyondellBasell Industries
AF S.C.A., a Luxembourg company that is no longer part of
LyondellBasell.  LyondellBasell Industries N.V. owns and operates
substantially the same businesses as the previous parent company,
including subsidiaries that were not involved in the bankruptcy
cases.  LyondellBasell's corporate seat is Rotterdam,
Netherlands, with administrative offices in Houston and
Rotterdam.  


LYONDELL CHEMICAL: Shareholders' Bids to Junk Trustee's Suit OK'd
-----------------------------------------------------------------
In the case captioned EDWARD S. WEISFELNER, AS TRUSTEE OF THE LB
CREDITOR TRUST, Plaintiff, v. FUND 1, et al., Defendants. EDWARD S.
WEISFELNER, AS TRUSTEE OF THE LB CREDITOR TRUST, Plaintiff, v.
STUART REICHMAN, et al., Defendants, Adv. Pro. No. 10-04609 (MG).,
12-01570 (MG) (Bankr. S.D.N.Y.), Judge Martin Glenn of the United
States Bankruptcy Court for the Southern District of New York
granted the shareholder defendants' motions to dismiss, or, in the
alternative, for a stay in the adversary proceeding.

According to Judge Glenn, the facts in this case are clearly
decided by In re Tribune Co. Fraudulent Conveyance Litig., 818 F.3d
98 (2d Cir. 2016).  In fact, the Second Circuit stated that
"[s]ection 546(e) clearly covers payments, such as those at issue
[in Tribune], by commercial firms to financial intermediaries to
purchase shares from the firm's shareholders."  Moreover, the
Second Circuit expressly stated that the extraordinary breadth of
section 546(e) covers cash out payments to shareholders in an LBO.
Id. at 122 (stating "concern has been expressed that LBOs are
different from other transactions in ways penitent to the
Bankruptcy Code. However, the language of Section 546(e) does not
exempt from its protection payments by firms to intermediaries to
fund ensuing payments to shareholders for stock." (internal
citations omitted).) Accordingly, the Trustee's constructive
fraudulent conveyance claims in these actions are barred by the
safe harbor of section 546(e).

The alternate relief seeking a stay of the action, requested in the
Motions and also, separately, by the Trustee is DENIED, Judge Glenn
ruled.  Tribune clearly controls the disposition of these Motions.
There is no "circuit split" with respect to the legal principles
set forth in Tribune. But see PAH Litigation Trust (In re
Physiotherapy Holdings, Inc.), Adv. Proc. No. 15-51238 (KG), 2016
WL 3611831, at *7 (Bankr. D. Del. Jun. 20, 2016) ("Although Tribune
II settled the split in the Second Circuit, it is nevertheless not
binding on this Court. The Court finds the reasoning in Lyondell
more persuasive and therefore adopts its holding."). Trial of the
Lyondell actions has been scheduled for October 2016. The Court
concludes that there is no reason to stay the actions awaiting the
filing of a certiorari petition and action by the Supreme Court in
Tribune.

Judge Glenn, however, held that because granting the motions to
dismiss will result in the dismissal of these cases with prejudice,
a bankruptcy court does not have authority to enter a final order
or judgment in these cases absent consent of the parties, which has
not been given. Therefore, the Order will be treated as proposed
findings of fact and conclusions of law, subject to the objection
procedure in Federal Rule of Bankruptcy Procedure 9033. Final
judgment must be entered by the district court.

The bankruptcy case is In re: LYONDELL CHEMICAL COMPANY, et al.,
Chapter 11, Debtors, Case No. 09-10023 (MG), Jointly Administered
(Bankr. S.D.N.Y.).

A full-text copy of Judge Glenn's July 20, 2016 order is available
at https://is.gd/U2CHSB from Leagle.com.

Edward S. Weisfelner, as Trustee of the LB Creditor Trust, is
represented by:

          Sigmund S. Wissner-Gross, Esq.
          BROWN RUDNICK, LLP
          7 Times Square
          New York, NY 10036
          Tel: (212)209-4800
          Fax: (212)209-4801
          Email: swissnergross@brownrudnick.com

Center for Foot & Ankle Surgery LLC U/A Dtd 1/01/1999 (George
Joseph Fahoury Jr., Trustee) is represented by:

          Sandra D. Grannum, Esq.
          DRINKER BIDDLE & REATH LLP
          600 Campus Dr.
          Florham Park, NJ 07932-1047
          Tel: (973)549-7000
          Fax: (973)360-9831
          Email: sandra.grannum@dbr.com

Glenn H. Roth is represented by:

          Philip D. Anker, Esq.
          Ross E. Firsenbaum, Esq.
          Peter J. Macdonald, Esq.
          Joel Miller, Esq.
          Jessica Rachel Wheeler, Esq.
          Jeremy Winer, Esq.
          WILMER CUTLER PICKERING HALE & DORR L.L.
          7 World Trade Center
          250 Greenwich Street
          New York, NY 10007
          Tel: (212)230-8800
          Fax: (212)230-8888
          Email: philip.anker@wilmerhale.com
                 ross.firsenbaum@wilmerhale.com
                 peter.macdonald@wilmerhale.com
                 
John Joseph Bollwark, Charles Schwab & Co., Inc. Cust. Ira Rollover
are represented by:

          Anthony N. Gaeta, Esq.
          LEVINE DESANTIS, P.C.
          530 Morris Avenue, Suite 300
          Springfield, NJ 07081
          Tel: (973)376-9050
          Fax: (973)379-6898

                       About Lyondell Chemical

LyondellBasell Industries is one of the world's largest polymers,
petrochemicals and fuels companies.  Luxembourg-based Basell AF
and Lyondell Chemical Company merged operations in 2007 to form
LyondellBasell Industries, the world's third largest independent
chemical company.  LyondellBasell became saddled with debt as
part of the US$12.7 billion merger.  Len Blavatnik's Access
Industries owned the Company prior to its bankruptcy filing.

On Jan. 6, 2009, LyondellBasell Industries' U.S. operations,
led by Lyondell Chemical Co., and one of its European holding
companies -- Basell Germany Holdings GmbH -- filed voluntary
petitions to reorganize under Chapter 11 of the U.S. Bankruptcy
Code to facilitate a restructuring of the company's debts.  The
case is In re Lyondell Chemical Company, et al., Bankr. S.D.N.Y.
Lead Case No. 09-10023).  Seventy-nine Lyondell entities filed
for Chapter 11.  Luxembourg-based LyondellBasell Industries AF
S.C.A. and another affiliate were voluntarily added to Lyondell
Chemical's reorganization filing under Chapter 11 protection on
April 24, 2009.

Deryck A. Palmer, Esq., at Cadwalader, Wickersham & Taft LLP, in
New York, served as the Debtors' bankruptcy counsel.  Evercore
Partners served as financial advisors, and Alix Partners and its
subsidiary AP Services LLC, served as restructuring advisors.
AlixPartners' Kevin M. McShea acted as the Debtors' Chief
Restructuring Officer.  Clifford Chance LLP served as
restructuring advisors to the European entities.

LyondellBasell emerged from Chapter 11 bankruptcy protection in
May 2010, with a plan that provides the Company with US$3 billion
of opening liquidity.  A new parent company, LyondellBasell
Industries N.V., incorporated in the Netherlands, is the
successor of the former parent company, LyondellBasell Industries
AF S.C.A., a Luxembourg company that is no longer part of
LyondellBasell.  LyondellBasell Industries N.V. owns and operates
substantially the same businesses as the previous parent company,
including subsidiaries that were not involved in the bankruptcy
cases.  LyondellBasell's corporate seat is Rotterdam,
Netherlands, with administrative offices in Houston and
Rotterdam.


MANUFACTURERS ASSOCIATES: Can Use Nuvo Cash Until Aug. 31
---------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized Manufacturers Associates, Inc.,
to use cash collateral until Aug. 31, 2016.

The Debtor's secured creditor, Nuvo Bank and Trust Company, has
claimed a duly perfected, non-avoidable security interest in the
Debtor's personal and fixture property, and all goods and
equipment.

Judge Manning authorized the Debtor to use Nuvo Bank's cash
collateral, in an amount not to exceed $112,000, to meet all
necessary business expenses incurred in the ordinary course of its
business and the statutory quarterly chapter 11 fees payable to the
Office of the U.S. Trustee.

The approved expense estimates provides for cost of goods sold in
the amount of $40,190.

Nuvo Bank was granted replacement liens in all the Debtor's
after-acquired property, of the same extent and priority to that
which Nuvo Bank and Trust Company enjoyed with regard to the
estate's property as of the Petition Date.

The Debtor was directed to make an adequate protection payment to
Nuvo Bank in the amount of $3,750 for the period of July 31, 2016
through Aug. 31, 2016.

Judge Manning acknowledged that it essential to the Debtor's
business and operations to use cash generated from its
manufacturing business so as to continue to pay ordinary course
business expenses.  She further acknowledged that without court
authority to use the cash collateral, the Debtor will suffer harm
and be forced to terminate operations and abort any chance for
successful reorganization.   

A hearing on the continued use of cash collateral is scheduled on
Aug. 31, 2016 at 11:00 a.m.

A full-text copy of the Order, dated August 3, 2016, is available
at https://is.gd/S7ZPON

                  About Manufacturers Associates

Manufacturers Associates, Inc., based in West Haven, Conn., filed a
Chapter 11 petition (Bankr. D. Conn. Case No. 15-31832) on Nov. 2,
2015.  The petition was signed by Anthony Parillo, Jr., president.
The Debtor is represented by Peter L. Ressler, Esq., at Groob
Ressler & Mulqueen, P.C.  The case is assigned to Judge Julie A.
Manning.  At the time of the filing, the Debtor estimated  assets
at $0 to $50,000 and liabilities at $1 million to $10 million.


MD AMERICA: Moody's Withdraws Caa2 Corporate Family Ratings
-----------------------------------------------------------
Moody's Investors Service has withdrawn all assigned ratings for MD
America Energy, LLC, including the Caa2 Corporate Family Rating,
following the company's repayment of all of its outstanding rated
debt.

Issuer: MD America Energy, LLC

Ratings Withdrawn:

   -- Corporate Family Rating: Withdrawn, previously rated Caa2

   -- Probability of Default Rating: Withdrawn, previously rated
      Caa2-PD

   -- Speculative Grade Liquidity Rating: Withdrawn, previously
      rated SGL-3

   -- $525MM Senior Secured Term Loan due 2019: Withdrawn,
      previously rated Caa2 (LGD3)

Outlook Actions:

   -- Outlook: Changed to Rating Withdrawn from Positive

RATINGS RATIONALE

MD America Energy, LLC recently announced that the company had
repaid the remainder of the $425 million debt outstanding on its
second-lien term loan via a cash equity infusion from its Chinese
parent company, MeiDu Energy Corporation. The debt pay off
completes the $100 million payment that the independent E&P
operator made in December 2014.



MEDOMICS LLC: Needs Wells Fargo Approval to Use Cash Collateral
---------------------------------------------------------------
Judge Neil W. Bason of the U.S. Bankruptcy Court for the Central
District of California entered an order barring MEDomics, LLC. from
using cash collateral.

Judge Bason ordered the Debtor to provide secured creditors Wells
Fargo Bank, N.A. and Socket Capital, LLC a written request to use
any cash collateral, prior to using any cash collateral.  He
directed the Debtor to request a telephonic hearing with the Court,
if the Debtor is unable to secure the consent of Wells Fargo Bank
and Socket Capital for the use of cash collateral.

Judge Bason held that should the Debtor, Wells Fargo Bank and
Socket Capital may enter into a written stipulation which allows
the Debtor to use cash collateral on a bi-weekly basis.

A full-text copy of the Order, dated Aug. 3, 2016, is available at
https://is.gd/uKrlFo

Wells Fargo Bank, N.A., is represented by:

          Dennis F. Fabozzi, Esq.
          Edward J. Miller, Esq.
          FABOZZI & MILLER, APC
          41911 Fifth Street, Suite 200
          Temecula, CA 92590
          Telephone: (951) 296-1775

                   About MEDomics, LLC

Azusa, Calif.-based MEDomics, LLC, provides genetic testing
services.

MEDomics, LLC, filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Cal. Case No. 16-14355) on April 5, 2016.  The petition was signed
by Steve Sommer as Managing Member.  The Debtor estimated assets in
the range of $500,000 to $1 million and estimated liabilities in
the range of $1 million to $10 million.

The Debtors have hired Illyssa Fogel, Esq., at Illyssa I. Fogel &
Associates as counsel.  Judge Neil W. Bason has been assigned the
cases.


MGM RESORTS: Offering $500-Mil. Senior Unsecured Notes Due 2026
---------------------------------------------------------------
MGM Growth Properties LLC, a subsidiary of MGM Resorts
International, announced that its consolidated subsidiaries, MGM
Growth Properties Operating Partnership LP and MGP Finance
Co-Issuer, Inc., have priced $500 million in aggregate principal
amount of 4.50% senior unsecured notes due 2026 in a private
placement at par.  The offering is expected to close on Aug. 12,
2016, subject to customary closing conditions.

The Issuers plan to use the net proceeds to refinance amounts
outstanding under the Issuer's revolving credit facility that were
drawn in connection with the Company's acquisition of the real
property of Borgata Hotel Casino and Spa from MGM Resorts
International, which was completed on Aug. 1, 2016.  Any remaining
proceeds will be used for general corporate purposes.

The notes proposed to be offered will not be registered under the
Securities Act of 1933, as amended, or any state securities laws
and may not be offered or sold in the United States or to any U.S.
persons absent registration under the Securities Act, or pursuant
to an applicable exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act and
applicable state securities laws.  The notes will be offered only
to "qualified institutional buyers" under Rule 144A of the
Securities Act or, outside the United States, to persons other than
"U.S. persons" in compliance with Regulation S under the Securities
Act.

                      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 http://www.mgmresorts.com/

MGM Resorts reported a net loss attributable to the Company of
$448 million in 2015, a net loss attributable to the Company of
$150 million in 2014 and a net loss attributable to the Company
of $172 million in 2013.

As of Dec. 31, 2015, MGM Resorts had $25.2 billion in total
assets, $17.5 billion in total liabilities and $7.76 billion in
total stockholders' equity.

                           *     *     *

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.


MIKEY AND SUNSHINE: Taps Wells and Jarvis as Attorneys
------------------------------------------------------
Mikey and Sunshine, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Western District of Washington to employ
Wells and Jarvis, P.S. as attorneys.

The Debtor requires Wells and Jarvis to:

   (a) prepare schedules, records and reports as required by the
       Bankruptcy Rules, Interim Bankruptcy Rules and the Local
       Bankruptcy Rules;

   (b) prepare applications and proposed orders to be submitted to

       the court;

   (c) identify and prosecute claims and causes of action
       assertable by Applicant on behalf of the estate herein;

   (d) assist and advise the Debtor-In-Possession in performing
       its other official functions; and

   (e) protect and preserve the assets of the estate for the
       Debtor-In-Possession from the claims of secured creditors.

Wells and Jarvis will be paid at these hourly rates:

       Jeffrey B. Wells         $360
       Emily A. Jarvis          $360
       Paralegal                $150

Wells and Jarvis will also be reimbursed for reasonable
out-of-pocket expenses incurred.

The Debtor paid a retainer to Wells and Jarvis in the amount of
$5,000 plus the filing fee of $1,717.

Emily Jarvis and Jeffrey Wells assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Wells and Jarvis can be reached at:

       Jeffrey B. Wells, Esq.
       Emily A. Jarvis, Esq.
       WELLS AND JARVIS, P.S.
       502 Logan Building
       500 Union Street
       Seattle, WA 98101-2332
       Tel: (206) 624-0088
       Fax: (206) 624-0086

Mikey and Sunshine Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-13574) on July 7,
2016.  The Debtor is represented by Emily A Jarvis, Esq., at Wells
and Jarvis, P.S.


MO'TREES LLC: Disclosure Statement Hearing Moved to Aug. 26
-----------------------------------------------------------
The Hon. Jerry C. Oldshue, Jr., of the U.S. Bankruptcy Court for
the Northern District of Florida has rescheduled for Aug. 26, 2016,
at 9:30 a.m., Central Time, the hearing to consider approval of the
disclosure statement, which Mo'Trees, LLC, filed with the Chapter
11 plan on July 14, 2016.

As reported by the Troubled Company Reporter on Aug. 2, 2016, the
Court initially set the hearing for Aug. 19, at 2:00 p.m. (Central
Time), to consider approval of the Disclosure Statement, which
describes a restructuring plan proposes to pay unsecured creditors
100% of their claims.  

Aug. 19, 2016, is fixed as the last day for filing and serving
written objections to the Disclosure Statement.

                        About Mo'Trees LLC

Mo'Trees, LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Fla. Case No. 16-30442) on May 11, 2016.  The
petition was signed by James C. Moulton, manager.

The case is assigned to Judge Jerry C. Oldshue, Jr.  The Debtor is
represented by Richard Michael Colbert, Esq., at Richard M.
Colbert
PLLC.

At the time of the filing, the Debtor disclosed $8.78 million in
total assets and $3.89 million in total liabilities.


MO'TREES LLC: Farm Credit Opposes Approval of Disclosure Statement
------------------------------------------------------------------
Farm Credit of Northwest Florida, ACA, asked a U.S. bankruptcy
court to deny approval of the disclosure statement detailing the
Chapter 11 plan of reorganization of Mo'Trees, LLC.

In a filing with the U.S. Bankruptcy Court for the Northern
District of Florida, Farm Credit criticized the company for not
providing "adequate information" in its disclosure statement.

Farm Credit cited the lack of information about the proposed
treatment of claims that are classified under the plan, including
its claim against the company.

"A review of the plan and the disclosure statement raises more
questions than answers about the efforts of the Debtor to
successfully reorganize," the company said.

Farm Credit is represented by:

     John A. Anthony, Esq.
     Allison c. Doucette, Esq.
     Anthony & Partners LLC
     201 N. Franklin Street, Suite 2800
     Tampa, Florida 33602
     Telephone: 813-273-5616
     Telecopier: 813-221-4113
     Email: janthony@anthonyandpartners.com
     Email: adoucette@anthonyandpartners.com

                        About Mo'Trees LLC

Mo'Trees, LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Fla. Case No. 16-30442) on May 11, 2016.  The
petition was signed by James C. Moulton, manager.

The case is assigned to Judge Jerry C. Oldshue Jr. The Debtor is
represented by Richard Michael Colbert, Esq., at Richard M.
Colbert
PLLC.

At the time of the filing, the Debtor disclosed $8.78 million in
total assets and $3.89 million in total liabilities.


MUELLER & DRURY: Disclosure Statement Hearing Set for Sept. 14
--------------------------------------------------------------
The Hon. Paul Sala of the U.S. Bankruptcy Court for the District of
Arizona has scheduled for Sept. 14, 2016, at 10:00 a.m. the hearing
to consider approval of the disclosure statement filed by Mueller &
Drury Real Estate, L.L.C.

The Debtor filed the Disclosure Statement, along with a Chapter 11
plan, on July 21, 2016.

As reported by the Troubled Company Reporter on Aug. 9, 2016, the
Debtor filed with the Court its proposed plan to exit Chapter 11
protection, which proposes that holders of Class 5 general
unsecured claims be paid, pro rata, without interest, in
conjunction with payments being made pursuant to the company's
proposed payment schedule.

               About Mueller & Drury Real Estate

Mueller & Drury Real Estate, L.L.C. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 15-12258) on
Sept. 24, 2015.  The petition was signed by Doug Drury, member.

At the time of the filing, the Debtor disclosed $900,000 in assets
and $1.56 million in liabilities.


MURPHY OIL: Moody's Rates New $500MM Unsec. Notes Due 2024 'B1'
---------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Murphy Oil
Corporation's (Murphy) proposed $500 million senior unsecured notes
due 2024. At the same time, Moody's upgraded Murphy's Speculative
Grade Liquidity Rating to SGL-3 from SGL-4 and affirmed Murphy's
Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default
Rating, and its B1 rated unsecured notes. The outlook has been
changed to stable from negative. The proceeds from the proposed
notes offering will be used for general corporate purposes, which
may include the repayment of the company's 2.5% notes due 2017.

"The stabilization of the rating outlook reflects Murphy's improved
liquidity profile, including cash from the proposed bond issuance,
along with its new revolving credit facility and the recently
closed sale of its stake in Syncrude," commented Gretchen French,
Moody's Vice President.

Issuer: Murphy Oil Corporation

Ratings Assigned:

$500 Million Senior Unsecured Notes, Rated B1 (LGD 5)

Rating Actions:

   -- Corporate Family Rating affirmed at Ba3

   -- Probability of Default Rating affirmed at Ba3-PD

   -- Senior Unsecured Regular Bonds/Debentures affirmed at B1
      (LGD 5)

   -- Speculative Grade Liquidity Rating, upgraded to SGL-3 from
      of SGL-4

   -- Rating outlook, changed to Stable from Negative

RATINGS RATIONALE

The B1 ratings on Murphy's proposed notes are rated in-line with
the existing B1 unsecured debt ratings of Murphy. Murphy's capital
structure is comprised of an unsecured revolving credit facility
and unsecured notes. The proposed notes, as well as Murphy's
existing unsecured notes, do not benefit from upstream guarantees
from operating subsidiaries, and as a result are structurally
subordinated to the obligations of Murphy's subsidiaries, including
its trade payables and its operating and capital leases (pension
liabilities are at the holding company level). In addition,
Murphy's new revolver benefits from certain upstream operating
company guarantees from material subsidiaries. Because of this
structural subordination, the unsecured notes are rated one-notch
below the CFR. If the springing collateral trigger on Murphy's
revolver were to become effective, Moody's would expect the
notching of the unsecured notes to remain one notch below the CFR.

The upgrade in Murphy's SGL rating to SGL-3 from SGL-4 reflects
cash from the company's proposed $500 million bond offering, its
new revolving credit facility, and the recently completed sale of
its stake in Syncrude for C$937 million. These transactions, while
coming with a modestly higher average interest burden, a smaller
revolving credit facility with more restrictive covenants, and a
reduction to Murphy's proved develop reserve base as a result of
the Syncrude sale, will help to address a key liquidity concern
regarding the company's bank and bond maturities in 2017. Net
proceeds from the proposed bond offering and the undrawn revolver
will help provide a liquidity cushion to repay Murphy's December
2017 maturity of $550 million in unsecured notes.

Murphy's SGL-3 rating reflects an adequate liquidity profile
through 2017, with weak cash flow from operations, an undrawn
revolving credit facility, adequate covenant compliance cushion,
and an unsecured capital structure. Once closed, Murphy's new bank
credit facility will extend the maturity by two years, to June
2019, but with only aggregate commitments of $1.2 billion (down
from prior commitments of $2 billion). Receipt of at least $400
million in bond proceeds is a condition to the revolver becoming
effective. The new revolver is expected to close concurrently with
the closing of the bond offering. Murphy will also retain $630
million of bank commitments until its 2011 credit facility expires
in June 2017. As of June 30, 2016, Murphy's revolver was undrawn,
with $88 million in letters of credit outstanding. Murphy is
expected to maintain adequate, but limited, covenant compliance
cushion under its new financial covenants, which include a debt /
adjusted EBITDA ratio of no greater than 3.75x (net of the cash
received from the proposed bond offering up until the maturity of
the 2017 notes), and adjusted EBITDA / interest ratio of at least
2.5x, and the maintenance of minimum domestic liquidity (defined as
cash in the US and Canada plus revolver availability less upcoming
maturities in the next 365 days) of at least $500 million. The
revolver is unsecured, but there is a springing collateral trigger
if debt / adjusted EBITDA is greater than 3.25x on or after March
31, 2017.

Murphy's Ba3 CFR reflects high financial leverage and a declining
production profile through 2017. The company faces constrained cash
flows, with a weak commodity price outlook through at least 2017,
and a capital intensive asset base. Murphy has meaningful exposure
to riskier offshore production, particularly in Malaysia and to a
lesser extent in the deepwater Gulf of Mexico, and has a history of
being offshore exploration focused, with inconsistent results.
However, more recently, the company has focused on developing and
growing lower risk, onshore land positions in the Eagle Ford in the
US and Montney and Duvernay in Canada. Murphy's high exposure to
liquids production and oil-linked sales of liquefied natural gas
benefits its cash margins relative to its peers. The Ba3 CFR also
recognizes the steps the company has taken to address the weak
commodity price outlook, including reducing its dividend payout,
curtailing capital spending, and pursuing asset sales in order to
reduce debt.

The rating outlook is stable and assumes Murphy is successful in
maintaining sufficient liquidity through 2017.

Murphy's ratings could be upgraded if the company is able to
stabilize production declines, generate a leveraged full-cycle
ratio above 1.0x, and maintain retained cash flow/debt above 15%.

Murphy's ratings could be downgraded if retained cash flow/debt
falls below 10%.

The principal methodology used in these ratings was Global
Independent Exploration and Production Industry published in
December 2011.

Murphy Oil Corporation is headquartered in El Dorado, Arkansas.


MUSCLEPHARM CORP: Incurs $4.19 Million Net Loss in Second Quarter
-----------------------------------------------------------------
MusclePharm Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $4.19 million on $32.9 million of net revenue for the three
months ended June 30, 2016, compared to a net loss of $7.02 million
on $50.5 million of net revenue for the three months ended June 30,
2015.

For the six months ended June 30, 2016, compared to a net loss of
$10.8 million on $75.8 million of net revenue compared to a net
loss of $14.5 million on $91.8 million of net revenue for the same
period last year.

As of June 30,2016, MusclePharm had $50.6 million in total assets,
$65.6 million in total liabilities, and a total stockholders'
deficit of $15 million.

Almost a year into the Company's restructuring, MusclePharm is
pleased to announce the strategy is having its intended effect of
streamlining costs while better positioning the Company for
profitable growth.  As previously announced, the Company has spent
the past 12 months realigning the organization with our business
needs and profitable operations, and delivery of product to all the
channels we sell through.

The Company's efforts include the sale of its subsidiary, BioZone
Laboratories Inc., for $8.3 million, a reduction in headcount from
310 employees to approximately 100 employees, and the closure of
five offices with two additional office closures planned for the
third quarter of 2016, including an administration and finance
office in Denver, CO and a distribution center in Pittsburg, CA.
The Company is now rebuilding its team with expertise to align
individuals with our customer-centric strategy, and has a strategic
partnership with the parent of the buyer of BioZone to develop
enhanced flavors and other product initiatives.

The Company has also optimized product SKUs by reducing SKU count
by 77%, including the exit from all ready-to-drink sports and
energy drinks and other low-margin or unprofitable SKUs, while
focusing on more profitable products.  As the Company continues to
execute its growth strategy and restructuring plan, it anticipates
continued improvement in its operating margins and expense
structure.  The termination of the Arnold Schwarzenegger
product-line licensing agreement, the elimination of unprofitable
SKUs, the elimination of unprofitable licensing agreements, and the
migration to new product suppliers have impacted revenue growth for
the short-term.  The Company anticipates revenue and gross margin
to strengthen as it increases focus on its new products introduced
during the fourth quarter of 2015 and its MusclePharm Sport Series
products.

"We're reengineering the business to where we're profitable," said
Ryan Drexler, MusclePharm's interim chief executive officer,
president and chairman of the Board of Directors.  "It's about
strategically aligning ourselves and building a strong foundation
to create a legacy business around our most popular products."  Mr.
Drexler reiterated that the Company's strength is in its
partnerships with key retailers and distributors, instead of
endorsements involving costly and often unknown future financial
commitments.

"While results continue to reflect costs associated with the
Company's repositioning, I believe we are setting up MusclePharm
for a promising future of strong value creation," said Mr. Drexler.
"We have streamlined the Company to get back to our baseline
business of sales and marketing, while working closely with our
contract manufacturers to ensure inventory is available to meet
customer demand and reducing expensive inventory that was tying up
critical capital.  We have a laser focus on delivering product."

The Company announced in June that it filed a counterclaim against
Capstone Nutrition, alleging that Capstone fraudulently induced
MusclePharm into a multi-year manufacturing contract by
misrepresenting Capstone's ability to fulfill its obligations and
concealing significant operational problems occurring at its
facilities.  The result of Capstone's actions included months of
delivery delays, lost customers and damaged goodwill that cost
MusclePharm tens of millions of dollars, according the Company's
counterclaim.  The Company is currently working with new
manufacturing partners and has resumed production and distribution
of products previously made by Capstone.

"While the reduction in unprofitable sales will affect topline
financial results in the short term, the long-term effect of the
Company's restructuring efforts will provide for a stronger
financial foundation going forward," said Mr. Drexler.  "As I have
previously stated, we are a sales and marketing organization, and
that is where we want to focus.  We are concentrating on our core
competencies while maximizing our strategic partnerships and
bringing more expertise to these areas."

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

                   https://is.gd/4L1ANJ

                     About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTC BB: MSLP) -- http://www.muslepharm.com/-- is a healthy life-
style company that develops and manufactures a full line of
National Science Foundation approved nutritional supplements that
are 100 percent free of banned substances.  MusclePharm is sold in
over 120 countries and available in over 5,000 U.S. retail
outlets, including GNC and Vitamin Shoppe.  MusclePharm products
are also sold in over 100 online stores, including
bodybuilding.com, Amazon.com and Vitacost.com.

MusclePharm Corporation reported a net loss of $13.8 million in
2014, a net loss of $17.7 million in 2013 and a net loss of $19
million in 2012.


NAKED BRAND: Says New Sales Team to Drive Growth
------------------------------------------------
Naked Brand Group Inc. announced a new sales team comprised of five
experienced sales executives and specialists.  The team, which will
be led by industry veteran Pat Larkin as vice president of sales,
is charged with driving wholesale channel growth for both women's
and men's product in department stores, online retailers as well as
specialty stores nationwide.

"Naked has worked hard to create exceptional products for both
women and men.  Sales execution is now the key to making this
product broadly available to consumers. I am thrilled to announce
the addition of this talented and experienced sales team," said
Carole Hochman, CEO & chief creative officer of Naked.  "I have
known Pat Larkin for many years and she is a proven winner.  With
the CURVE Expo this week in New York and our strong Fall and Spring
collections, including the Wade x Naked collection launching in
September, Pat Larkin and the team are already hard at work opening
up new accounts and channels of distribution."

Pat Larkin has spent over thirty years in the Intimate Apparel
Industry.  In early 1990's, she was the National Sales Manager for
I. Appel Corporation in sleepwear.  She then became Vice President
of Sales for the launch of Karen Neuburger and then Vice President
of International Sales for Richard Leeds. Her extensive sales
relationships include high end and mid-tier department stores, as
well as specialty and off-price stores and private label channels
throughout the United States.

"I have admired Carole Hochman for years.  She is the best at what
she does and her work with Naked is the best I have seen from her
over a long, highly successful career," said Pat Larkin, Naked's
new vice president of sales.  "We are all honored to join her team
and believe Naked has an amazing opportunity to become the next
great brand in intimate apparel."

Working with Ms. Larkin at Naked are 4 additional full-time sales
team members.  Naked is also engaging additional independent sales
representatives nationwide to focus on specialty account sales.
Full-team sales team members include:

Rocco Damiano, national sales manager, has more than 25 years of
sales and marketing management experience in lingerie, daywear,
shapewear, and intimate apparel for both domestic and international
brands including Karen Neuburger and Eber International.  Most
recently, he was the USA Manager for the iconic British Legwear
brand Pretty Polly.

Jenn Gossweiler, in house account manager, began her career in 2000
as the assistant women's accessories and sleepwear buyer at Ralph
Lauren.  In 2003 she was the assistant buyer at PVH Corp in
Women’s Sportswear.  Jenn then worked at the Carole Hochman
Design group for 10 years climbing from an Account Executive to
Senior Analyst to Specialty Store Sales Manager.

Iris Arenson, in House account manager - Northeast Region, began
her career in the Intimate Apparel Industry at Eve Stillman N.Y in
1979 after graduating with a BBA from Baruch College, CUNY New
York.  From 1986 to 2016, she worked exclusively for Carole Hochman
Design Group / CHDG: A Komar Company.  She has developed a strong
reputation for her commitment to sales and excellence in customer
service.  During her 29 years at CHDG, Iris has created strong
relationships with specialty stores as well as major stores while
also developing niche market opportunities.

Sara Belon, in-house account manager, Sara started her career
working for BareNecessities.com in merchandising and marketing. She
then became an independent sales representative for brands such as
Le Mystere, Maison Lejaby, Fine Lines, Splendid Intimates,
UnderElla by Ella Moss, Coconut Grove, Jenna Leigh Lingerie,
Affinitas & Parfait, Body Wrap and Curvy Kate.  She has a
specialized background in sales development, marketing and product
merchandising.

                         About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York, New York.

Naked Brand reported a net loss of US$19.06 million on US$1.38
million of net sales for the year ended Jan. 31, 2016, compared to
a net loss of US$21.07 million on US$557,000 of net sales for the
year ended Jan. 31, 2015.

As of April 30, 2016, Naked Brand had $5.04 million in total
assets, $1.85 million in total liabilities, and $3.19 million in
total stockholders' equity.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2016, noting that the Company incurred a net loss of
$19,063,399 for the year ended January 31, 2016 and the Company
expects to incur further losses in the development of its business.
This condition raises substantial doubt about the Company's
ability to continue as a going concern.


NAKED BRAND: Stockholders Elect Seven Directors
-----------------------------------------------
Naked Brand Group Inc. held its 2016 annual meeting of stockholders
on Aug. 3, 2016, at which the stockholders:

   (1) elected Carole Hochman, Joel Primus, David Hochman,
       Andrew Kaplan, Paul Hayes, Martha Olson, and Jesse Cole
       as directors;

   (2) approved, on a non-binding advisory basis, the compensation
       of the named executive officers of the Company;

   (3) voted, on a non-binding advisory basis, that a non-binding
       advisory vote to approve the compensation of the named
       executive officers of the Company be taken every three
       years;

   (4) approved an amendment to the Company's Articles of
       Incorporation to increase the number of authorized shares
       of the common stock from 11,250,000 to 18,000,000;

   (5) approved an amendment to the Company's Articles of
       Incorporation to provide authority to issue up to 2,000,000
       shares of blank check preferred stock; and

   (6) ratified the appointment of BDO USA, LLP as the Company's
       independent auditor for the fiscal year ending Jan. 31,
       2017.

At the beginning of the Annual Meeting, there were 4,064,490 shares
of common stock present at the Annual Meeting in person or by
proxy, which represented 66.96% of the common stock entitled to
vote at the Annual Meeting and which constituted a quorum for the
transaction of business.  Holders of the Company's common stock
were entitled to one vote for each share held as of the close of
business on June 15, 2016.

                     About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York, New York.

Naked Brand reported a net loss of US$19.06 million on US$1.38
million of net sales for the year ended Jan. 31, 2016, compared to
a net loss of US$21.07 million on US$557,000 of net sales for the
year ended Jan. 31, 2015.

As of April 30, 2016, Naked Brand had $5.04 million in total
assets, $1.85 million in total liabilities, and $3.19 million in
total stockholders' equity.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2016, noting that the Company incurred a net loss of
$19,063,399 for the year ended January 31, 2016 and the Company
expects to incur further losses in the development of its business.
This condition raises substantial doubt about the Company's
ability to continue as a going concern.


NATIONAL CINEMEDIA: Posts $6.8-Mil. Net Income for Second Quarter
-----------------------------------------------------------------
National Cinemedia, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting net income
attributable to the Company of $6.8 million on $115 million of
revenue for the three months ended June 30, 2016, compared to net
income attributable to the Company of $10.1 million on $122 million
of revenue for the three months ended July 2, 2015.

For the six months ended June 30, 2016, the Company reported net
income attributable to the Company of $2.5 million on $192 million
of revenue compared to net income attributable to the Company of
$1.1 million on $198 million of revenue for the six months ended
July 2, 2015.

As of June 30, 2016, National Cinemedia had $1.04 billion in total
assets, $1.21 billion in total liabilities, and a $166 million
total deficit.

NCM, Inc.'s primary source of liquidity and capital resources is
the quarterly available cash distributions from NCM LLC as well as
its existing cash balances and marketable securities, which as of
June 30, 2016 were $58.3 million (excluding NCM LLC).  NCM LLC's
primary sources of liquidity and capital resources are its cash
provided by operating activities, availability under its revolving
credit facility and cash on hand.

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

                    https://is.gd/bXopWX

                  About National CineMedia

National CineMedia, Inc., is the holding company of National
CineMedia, LLC.  NCM LLC operates the largest digital in-theatre
network in North America, allowing NCM to distribute advertising,
Fathom entertainment programming events and corporate events under
long-term exhibitor services agreements with American Multi-Cinema
Inc., a wholly owned subsidiary of AMC Entertainment Inc.; Regal
Cinemas, Inc., a wholly owned subsidiary of Regal Entertainment
Group; and Cinemark USA, Inc., a wholly owned subsidiary of
Cinemark Holdings, Inc.  NCM LLC also provides such services to
certain third-party theater circuits under "network affiliate"
agreements, which expire at various dates.

For the year ended Dec. 31, 2015, the Company reported net income
attributable to the Company of $15.4 million on $447 million of
revenue compared to net income of $13.4 million on $394 million of
revenue for the year ended Jan. 1, 2015.

                       *     *     *

As reported by the TCR on March 24, 2011, Standard & Poor's
Ratings Services raised its corporate credit ratings on
Centennial, Colorado-based National CineMedia Inc. and
operating subsidiary National CineMedia LLC (which S&P analyzes on
a consolidated basis) to 'BB-' from 'B+'.  "The 'BB-' corporate
credit rating reflects S&P's expectation that NCM's EBITDA growth
will enable the company to continue to de-lever over the
intermediate term despite its aggressive dividend policy," said
Standard & Poor's credit analyst Jeanne Shoesmith.


NEIMAN MARCUS: Bank Debt Trades at 6% Off
-----------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc
is a borrower traded in the secondary market at 94.00
cents-on-the-dollar during the week ended Friday, July 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.46 percentage points from the
previous week.  Neiman Marcus pays 300 basis points above LIBOR to
borrow under the $2.9 billion facility. The bank loan matures on
Oct. 16, 2020 and carries Moody's B2 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended July 29.


NEONODE INC: Incurs $1.33 Million Net Loss in Second Quarter
------------------------------------------------------------
NeoNode, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss
attributable to the Company of $1.33 million on $2.57 million of
net revenues for the three months ended June 30, 2016, compared to
a net loss attributable to the Company of $1.79 million on $2.77
million of net revenues for the same period in 2015.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to the Company of $2.69 million on $5.70 million
of net revenues compared to a net loss attributable to the Company
of $3.86 million on $5.03 million of net revenues for the six
months ended June 30, 2015.

As of June 30, 2016, Neonode had $3.81 million in total assets,
$4.69 million in total liabilities and a $878,000 total
stockholders' deficit.

"Our automotive business grew 25% on a quarter over quarter basis
and we expect the number of cars with our technology to increase
and our opportunities to continue to expand.  We are well on our
way of reaching our goal of 1.3 million cars with our technology in
2016.  In the first half of this year our customers shipped 500,000
cars using our technology.  In this quarter, we signed our first
supply agreement with an auto OEM using our tailgate sensor module
and took a significant step towards delivering automotive qualified
sensor modules.  We expect to grow our business beyond infotainment
systems by supplying sensors for door handles, tailgates, steering
wheels and other touch and gesture automotive applications in the
coming years.  Our goal is to be the premier supplier of sensors to
the automotive industry," said Thomas Eriksson, Neonode CEO.

"We completed setting up and configuring our manufacturing facility
and will begin ramping the production of AirBar.  We are on track
to make the initial shipments of AirBar to our pre-order customers
by the end of August.  We, along with Ingram Micro, have
established key retail sales channels in the U.S., Europe and Asia
and are planning to begin delivery of AirBar in the fourth quarter.
We will start by delivering AirBar to the U.S. followed by Europe
and then Asia.  We are also working with Ingram Micro to establish
retail channels in India and China.  AirBar is now ready to allow
millions of people around the world to touch enable their PCs with
an affordable plug and touch device," concluded Mr. Eriksson.

Cash and accounts receivable totaled $1.6 million at June 30, 2016,
compared to $4.4 million at Dec. 31, 2015.  Common shares on a
fully diluted basis totaled approximately 45.7 million shares on
June 30, 2016.

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

                   https://is.gd/e0se2t

                    About Neonode Inc.
           
Lafayette, Calif.-based Neonode Inc. (OTC BB: NEON)
-- http://www.neonode.com/-- provides optical touch screen
solutions for hand-held and small to midsize devices.

Neonode reported a net loss attributable to the Company of
$7.82 million on $11.11 million of net revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to the Company
of $14.23 million on $4.74 million of net revenues for the year
ended Dec. 31, 2014.


NET ELEMENT INC: Elects to Swap $200,000 for Common Shares
----------------------------------------------------------
Net Element, Inc., opted to exchange a tranche in the aggregate
amount of $200,000 for 104,942 shares of the Company common stock
based on the "exchange price" of $1.9058 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.  Such 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.


NEWASURION CORP: S&P Affirms 'B' CCR, Outlook Remains Positive
--------------------------------------------------------------
S&P Global Ratings said that it has affirmed its 'B' long-term
corporate credit rating on NEWAsurion Corp. and its subsidiaries
Lonestar Intermediate Super Holdings LLC and Asurion LLC.  S&P also
revised its recovery rating on Asurion LLC's first-lien credit
facility to '2L' from '3H', indicating a substantial expectation of
recovery (70%-90%--lower half of the range) in the event of
default.  This led S&P to raise its issue-level rating on this debt
to 'B+' from 'B'.  At the same time, S&P has affirmed its '6'
recovery rating on Asurion's second-lien term loan, resulting in an
issue-level rating of 'CCC+'.  The outlook remains positive.

At the same time, S&P assigned its 'CCC+' rating with a '6'
recovery rating, indicating its expectation of a negligible
recovery (0%-10%) in the event of default, to Lonestar's planned
$550 million senior unsecured debt maturing in 2021.

"Our ratings continue to reflect NEWAsurion's satisfactory business
risk profile and highly leveraged financial risk profile," said S&P
Global Ratings credit analyst Neal Freedman. "The company's recent
recapitalization has reduced private-equity ownership to less than
40%, resulting in or revising our view of its financial policy to
neutral, reflecting an expected more-conservative financial policy
and less-volatile overall credit profile relative to peers."

S&P also believes that, despite the new debt issuance, year-end
2016 debt to EBITDA will be below 6.0x and EBITDA margins above 20%
based on NEWAsurion's strong first-half 2016 operating performance,
with first-half EBITDA increasing about 18% over the 2015 period.
The increase stemmed primarily from strong subscriber growth
coupled with subscribers purchasing more, and higher-margin,
products.  The revised recovery rating reflects S&P's increased
expectation of recovery based on an increased enterprise value
resulting from the company's improved operating performance, as
well as the additional buffer provided by the senior unsecured debt
issuance.

"The positive outlook reflects our expectation that NEWAsurion's
continued earnings growth will result in an improved overall credit
profile," Mr. Freedman continued.  "For 2016, we expect revenue
growth in the mid- to high-single digits and an EBITDA margin of
more than 20%, resulting in debt to EBITDA of 5.0x–6.0x and
EBITDA interest coverage of at least 2.5x.  Although the 2016
reduction of private-equity ownership was equity funded, if any
future reduction is funded through additional debt issuance, we
expect that leverage will not exceed 6x."

S&P could affirm its ratings and revise the outlook to stable if
NEWAsurion's earnings or debt levels were to result in debt to
EBITDA consistently above 7x.  This could occur if the company's
earnings were to decline as a result of negative growth or
compressed margins, or if it were to adopt a more-aggressive
financial policy.

"We could raise the corporate credit and issue-level ratings by one
notch within the next 12 months if NEWAsurion continues its
earnings growth while maintaining financial leverage below 6x," Mr.
Freedman added.  This would likely occur through revenue growth
(mid- to high-single digits in 2016) and stable margins (at least
20% on an EBITDA basis).


OPA-LOCKA, FL: Prosecutors Charge Ex-City Officials of Bribery
--------------------------------------------------------------
Carolina Bolado, writing for Bankruptcy Law360, reported that
federal prosecutors charged two former city officials of nearly
bankrupt Opa-Locka, Florida -- former city manager David Chiverton,
who resigned in July, and former assistant public works director
Gregory Harris -- with participating in a two-year-long scheme in
which they demanded bribes from business and individuals in
exchange for help with permits and other official business with the
city.


OSHUN LLC: Seeks Authorization to Use Cash Collateral
-----------------------------------------------------
Oshun LLC asks the U.S. Bankruptcy Court for the Western District
of New York for authorization to use cash collateral.  

The Debtor is indebted to:

     (1) M&T Bank in the amount of $360,000.  M&T currently holds a
valid and perfected first lien against all of Oshun's personal
property, and its proceeds, with the exception of certain other
commercial restaurant and related equipment.

     (2) Buffalo and Eire County Regional Development Corporation,
in the amount of $32,000. Buffalo and Eire County Regional
Development Corporation currently holds a valid and perfected first
lien against ceratin of the Debtor's commercial restaurant
equipment.

     (3) The New York State Department of Taxation and Finance, in
the amount of $76,000. The NYS Department of Taxation currently
holds a valid and perfected lien against the Debtor's cash
collateral.

The Debtor tells the Court that it needs to use cash collateral to
maintain the liquidity necessary to administer the Chapter 11 case
and continue its operations in the ordinary course of business.

The Debtor's proposed budget provides for total expenses in the
amount of $48,705 for the period Aug. 9, 2016 to Aug. 23, 2016, and
$380,785 for the period Aug. 23, 2016 to Nov. 29, 2016.

The Debtor proposes to make monthly adequate protection payments to
M&T Bank in the amount of $3,740;  Buffalo and Eire County Regional
Development Corporation in the amount of $920.83; and the NYS
Department of Taxation in the amount of $1,750.

The Debtor also proposes to grant replacement liens to M&T Bank,
Buffalo and Eire County Regional Development Corporation, and the
NYS Department of Taxation in the same extent and priority, and
with respect to the same assets as served as their prepetition
collateral.

A full-text copy of the Debtor's Motion, dated August 3, 2016, is
available at https://is.gd/FbZPQo

A full-text copy of the Debtor's proposed Budget, dated August 3,
2016, is available at https://is.gd/83FIxR

Oshun LLC is represented by:

          Arthur G. Baumeister, Esq.
          Scott J. Bogucki, Esq.
          AMIGONE, SANCHEZ & MATTREY, LLP
          1300 Main Place Tower
          350 Main Street
          Buffalo, NY 14202
          Telephone: (716) 852-1300

                    About Oshun, LLC

Oshun, LLC filed a chapter 11 petition (Bankr. W.D.N.Y. Case No.
1-16-11509-MJK) on August 2, 2016.  The Debtor is represented by
Arthur G. Baumeister, Jr., Esq. and Scott J. Bogucki, Esq., at
Amigone, Sanchez & Mattrey, LLP.


PAGOSA PARTNERS: Case Summary & 9 Unsecured Creditors
-----------------------------------------------------
Debtor: Pagosa Partners II, Inc.
           dba Boulder Coffee, Inc.
        2911 N Cicero Avenue
        Chicago, IL 60641

Case No.: 16-17905

Chapter 11 Petition Date: August 10, 2016

Court: United States Bankruptcy Court
       District of Colorado (Denver)

Judge: Hon. Joseph G. Rosania Jr.

Debtor's Counsel: Jeffrey S. Brinen, Esq.
                  KUTNER BRINEN, P.C.
                  1660 Lincoln St., Suite 1850
                  Denver, CO 80264
                  Tel: 303-832-2400
                  E-mail: jsb@kutnerlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Robert J. Ralis, president.

A copy of the Debtor's list of nine unsecured creditors is
available for free at:
          
             http://bankrupt.com/misc/cob16-17905.pdf


PARAGON OFFSHORE: Executes Amendment to Plan Support Agreement
--------------------------------------------------------------
BankruptcyData.com reported that Paragon Offshore announced that
the Company has executed an amendment to its amended plan support
agreement (the 'Amended PSA') supporting a revised Plan of
Reorganization with 100% of the lenders under its senior secured
revolving credit agreement and holders of approximately 69% of the
principal amount of its 6 3/4% Senior Unsecured Notes maturing July
2022 and 7 1/4% Senior Unsecured Notes maturing August 2024.  On
Aug. 5, 2016, Paragon Offshore reached an agreement in principle
with its bondholders and a steering committee of the revolver
lenders with respect to the Amended PSA. Randall D. Stilley,
president and C.E.O. of Paragon Offshore comments, "We're pleased
that we've received definitive support for our Revised Plan, Our
next milestone is to seek approval of the supplement to our
disclosure statement at our hearing on August 16th before appearing
before the court at the end of September to continue presenting our
case.  With the support of our Bondholders and Revolver Lenders, we
remain confident that our restructuring plan will be approved. Our
goal is to emerge from chapter 11 quickly as soon as we receive
approval and turn our full attention once more to creating
long-term shareholder value."

                     About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a  
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb.
14, 2016, after reaching a deal with lenders on a reorganization
plan that would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors have engaged Weil, Gotshal & Manges LLP as general
counsel, Richards, Layton & Finger, P.A. as local counsel, Lazard
Freres & Co. LLC as financial advisor, Alixpartners, LLP as
restructuring advisor, and Kurtzman Carson Consultants as claims
and noticing agent.


PATRICK O'NEAL CHEVERS: Disclosures OK'd; Aug. 30 Plan Hearing Set
------------------------------------------------------------------
The Hon. Randal S. Mashburn of the U.S. Bankruptcy Court for the
Middle District of Tennessee has approved Patrick O'Neal Chevers'
second amended and restated disclosure statement.

Aug. 30, 2016, is fixed for the hearing on confirmation of the
plan, at 9:00 a.m.

Aug. 24, 2016, is the last day for filing written acceptances or
rejections of the Plan.  Aug. 24 is also fixed as the last day for
filing objections to confirmation of the Plan.

As reported by the Troubled Company Reporter on Aug. 11, 2016, the
Debtor's second amended and restated disclosure statement
concerning the Debtor's plan of reorganization states that members
of Class 8 consisting of any and all general unsecured priority
allowed claims will be paid 100% of their Allowed Claim within
approximately five years of the Effective Date.  Payments of the
amounts due to members of Class 8 under the Plan will satisfy the
Debtor's obligation to make disposable income payments.

Patrick O'Neal Chevers filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Tenn. Case No. 14-007044).  On June 5, 2012, the
Debtor filed a Chapter 13 case in the Western District of Michigan
which was dismissed and on Feb. 18, 2014, the Debtor filed a
Chapter 11 case in this district which was also dismissed.

Randall K. Winton, Esq., at Winton Law, PLLC, serves as the
Debtor's counsel.


PEABODY ENERGY: Business Plan Approved by Bankruptcy Lenders
------------------------------------------------------------
BankruptcyData.com reported that Peabody Energy announced that it
has received approval of its business plan from the Company's
D.I.P. financing lenders. The business plan forms the foundation
for the plan of reorganization that the Company expects to file
with the U.S. Bankruptcy Court before year-end. Both the business
plan and the plan of reorganization are critical milestones for
Peabody Energy's eventual emergence from Chapter 11 protection.
Peabody Energy's president and C.E.O., Glenn Kellow, comments, "We
are pleased to advance a realistic plan that recognizes both the
challenges and opportunities related to the company and industry.
As Peabody focuses on emerging stronger from the Chapter 11
process, we look to capitalize on our strengths, build upon our
positive operating performance, reduce our overall debt and fixed
charges, and pursue additional improvements for long-term success.
Peabody has a strong asset base and skilled workforce intent on
creating maximum value in an essential industry." Over the
five-year business plan period, the Company contemplates total
sales volumes rising from 168 million tons in 2016 to a range of
194 to 197 million tons per year between 2018 and 2021. Revenues
are anticipated to be largely stable between $4.4 billion and $4.6
billion, while EBITDAR is expected to rise 60 to 65% from 2016
levels by the end of the business plan.

                 About Peabody Energy Corporation

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

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

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

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

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

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

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PEABODY ENERGY: DIP Lenders Approve Business Plan
-------------------------------------------------
Peabody Energy on Aug. 10, 2016, disclosed that it has received
approval of its business plan by the company's debtor-in-possession
(DIP) financing lenders.  The business plan forms the foundation
for the plan of reorganization that the company expects to submit
before the end of the year.

Both the business plan and the plan of reorganization are essential
milestones toward Peabody's successful emergence from Chapter 11
bankruptcy protection.

Peabody Energy President and Chief Executive Officer Glenn Kellow
noted that Peabody has opportunities to not only survive but to
thrive for the long-term benefit of its many stakeholders, despite
operating in an industry with unprecedented challenges of late.

"We are pleased to advance a realistic plan that recognizes both
the challenges and opportunities related to the company and
industry," said Mr. Kellow.  "As Peabody focuses on emerging
stronger from the Chapter 11 process, we look to capitalize on our
strengths, build upon our positive operating performance, reduce
our overall debt and fixed charges, and pursue additional
improvements for long-term success.  Peabody has a strong asset
base and skilled workforce intent on creating maximum value in an
essential industry."

As part of the business plan, the company detailed its current
position, operational highlights, key drivers of future value
creation, financial overview and anticipated future state:

Current Position: Peabody operates mines and mining complexes in
eight states and controls 6.3 billion tons of coal reserves in the
United States and Australia, with core sectors including the Powder
River Basin (PRB), Illinois Basin and Asia-Pacific metallurgical
and thermal coal.  Within the coal industry, Peabody has
significant diversity across regions, demand centers, products and
customers, serving thermal and metallurgical coal customers in 25
countries.

Operational Highlights: Following a company-best safety incidence
rate in 2015, Peabody's safety performance is 14 percent improved
year-to-date in 2016.  Year-to-date, U.S. operations demonstrated 8
percent cost-per-ton improvements since 2012 despite 35 percent
lower volumes.  Peabody's gross margins in the PRB over the past
two full years average 26 percent and compare favorably to a 15
percent average for other public PRB producers.  In Australia,
Peabody's capital investment has declined more than 90 percent from
the peak in 2012 while costs per ton declined 47 percent.  And
Peabody's first quarter selling and administrative costs have
achieved a level of 3.3 percent of revenues -- best among U.S. coal
peers even with Peabody's global nature.

Key Drivers of Future Value Creation: Looking forward, Peabody has
outlined multiple drivers of future value creation:

   -- Continued pursuit of safe, low-cost operations. Key elements
include a constant drive down the cost curve; protection of the
company's social license to operate; and excellence in coal mine
restoration.

   -- Emphasis on the best products, regions and customers within
an essential industry.

   -- Capital discipline with a sharp return orientation.

   -- Management team with major value focus.

   -- A leading voice for responsible mining, energy access and
clean coal technologies.

Industry Assumptions: Regarding U.S. fundamentals, Peabody's
business plan assumes U.S. coal demand for electricity generation
grows a total of 20 to 25 million tons between 2016 and 2021, with
impacts from announced and expected plant retirements offset by
increased capacity utilization at remaining plants.  Within
Asia/Pacific, metallurgical coal demand is expected to increase by
50 to 55 million tonnes between 2016 and 2021, driven by China and
India.  Seaborne thermal demand is expected to rise by 50 to 60
million tonnes as some 375 gigawatts of new generation capacity is
added, primarily in the Asia-Pacific region.

Financial Overview: Over the five-year business plan period, the
company contemplates total sales volumes rising from 168 million
tons in 2016 to a range of 194 to 197 million tons per year between
2018 and 2021.  Revenues are anticipated to be largely stable
between $4.4 billion and $4.6 billion, while EBITDAR is expected to
rise 60 to 65 percent from 2016 levels by the end of the business
plan.  Financial performance is highly sensitive to changes in
assumptions as described in the plan.

Future State: The business plan contemplates a desired future state
that incorporates a diversified platform capable of generating
positive cash flows across all business cycles and generates
returns to support future growth initiatives.

Within the Americas, this includes an unmatched portfolio of assets
in the PRB and Illinois Basin that continues to create value in the
face of reduced coal demand.  Within these basins, the company,
among other things, looks to drive lower costs through synergies
and provide greater value, whereas in the Southwest and Colorado,
the company anticipates managing for cash generation.

In Australia, the business plan reinforces that both metallurgical
and thermal sectors are core to Peabody.  The company anticipates a
smaller but more profitable platform focused on high-quality
products and/or top-tier assets to capitalize on higher growth in
Asia.  The business plan notes that the thermal segment margins
average 17 percent over the plan, while margins at metallurgical
mines point to the need for further optimization.  The business
plan contemplates a reduction of metallurgical coal volumes over
the five-year life of the business plan, assuming a strong
Australian currency and no major uplift in product pricing.  As
described in the business plan, future plans are dependent on
factors including industry conditions and the success of Project
Excellence improvement initiatives.  In addition, in the ordinary
course of business, the company continues to review and optimize
the asset portfolio.  In the first half of 2016, the company
completed the sale of undeveloped tenements, and in late 2016 the
company intends to follow through on placing the Burton Mine in
care and maintenance, as previously announced.

Mr. Kellow reinforced that the company will continue to progress
through the Chapter 11 process as matters essential to a plan of
reorganization are discussed with creditors in coming months.
"Peabody clearly has much work to do prior to emerging from Chapter
11 and, longer-term, to create significant value," said Mr. Kellow.
"We are highly confident that we have the assets, the team and the
operational successes to build upon as we create a stronger
Peabody."

                About Peabody Energy Corporation

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

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

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

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

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

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

The Office of the U.S. Trustee on April 29 appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PEABODY ENERGY: Lenders Accept Miner's Business Plan
----------------------------------------------------
The American Bankruptcy Institute, citing Dow Jones Newswire,
reported that Peabody Energy Corp. said top lenders accepted its
go-forward business plan, a key milestone in the coal miner's
chapter 11 restructuring.

According to the report, Peabody said the lenders behind its $800
million bankruptcy financing package accepted its five-year
business plan, disclosed in a filing with the U.S. Securities and
Exchange Commission.  The 2017-21 outlook will form the basis for a
chapter 11 plan of reorganization that the coal giant hopes to
submit to the bankruptcy court by the end of the year, the report
related.

The company faced an Aug. 11, 2016 deadline to submit the business
plan for lenders' approval or risk being declared in default of the
loan, the report further related.  Its reorganization plan, which
is subject to a creditor vote and court approval, would be built
around the business outlook and would also describe how Peabody
would reduce its debt load and exit bankruptcy, the report said.

Historically low natural gas prices and falling demand from China
have contributed to a tough coal market, and Peabody said near-term
U.S. coal prices are "expected to remain subdued," the report
related.  The company's business plan indicates it expects that the
U.S. coal industry will "modestly" rebound next year as natural gas
prices rise, the report further related.  It also forecasts growing
demand from U.S. utilities for coal over the next five years, the
report added.

                About Peabody Energy Corporation

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

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

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

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

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

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

The Office of the U.S. Trustee on April 29 appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PEDRO LOPEZ MUNOZ: Trustee Appointment Not Warranted, BAP Affirms
-----------------------------------------------------------------
The United States Bankruptcy Appellate Panel for the First Circuit
affirmed the bankruptcy court's January 15, 2016 order denying
United Surety & Indemnity Company's motion to appoint a chapter 11
trustee for Pedro Lopez Munoz.

According to the BAP, USIC failed to persuade the appellate panel
that the bankruptcy court committed reversible error or abused its
discretion in determining that the appointment of a trustee was not
warranted under section 1104(a)(1) or section 1104(a)(2).

The appeals case is UNITED SURETY & INDEMNITY COMPANY, Appellant,
v. PEDRO LOPEZ-MUNOZ, Appellee, Bap No. PR 16-011, Bankruptcy Case
No. 13-08171-EAG (B.A.P.), relating to In re PEDRO LOPEZ-MUNOZ,
Debtor.

A full-text copy of the appellate panel's July 28, 2016 ruling is
available at https://is.gd/4zKXzW from Leagle.com.

Appellant is represented by:

          Hector Saldana Egozcue, Esq.
          208 Avenida Ponce De Leon
          Banco Popular Ctr Ste 1420
          San Juan, PR 00968

            -- and --

          Carlos Lugo Fiol, Esq.
          Department of Justice
          Office of the Solicitor General
          Tel: (809)724-2165
          Fax: (809)724-3380

            -- and --

          Jose A. Sanchez Girona, Esq.

Appellee is represented by:

          Carmen Conde Torres, Esq.
          Luisa S. Valle Castro, Esq.
          254 San Jose Street, 5th Floor
          Old San Juan, PR 00901
          Tel: (787) 729-2900
          Fax: (787)729-2203
          Email: condecarmen@condelaw.com
                 ls.valle@condelaw.com


PLUG POWER: Incurs $13.1 Million Net Loss in Second Quarter
-----------------------------------------------------------
Plug Power Inc. filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss
attributable to the Company of $13.1 million on $20.5 million of
total revenue for the three months ended June 30, 2016, compared to
a net loss attributable to the Company of $9.22 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 attributable to the Company of $24.9 million on $35.8 million
of total revenue compared to a net loss attributable to the Company
of $20.3 million on $33.4 million of total revenue for the same
period during the prior year.

As of June 30, 2016, Plug Power had $233.40 million in total
assets, $127 million in total liabilities, $1.15 million in
redeemable preferred stock, and $105 million in total stockholders'
equity.

"Our cash requirements relate primarily to working capital needed
to operate and grow our business, including funding operating
expenses, growth in inventory to support both shipments of new
units and servicing the installed base, growth in equipment leased
to customers under long-term arrangements, funding the growth in
our GenKey "turn-key" solution, which includes the installation of
our customer's hydrogen infrastructure as well as delivery of the
hydrogen fuel, continued development and expansion of our products,
and the repayment or refinancing of our long-term debt. 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, including financing
arrangements to repay or refinance our long-term debt, and the
terms of such agreements that 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 the report.

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

                      https://is.gd/yZUR6k

                         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.


PROLINE CONCRETE: Can Use Bank of Akron's Cash Until Aug. 15
------------------------------------------------------------
Judge Carl L. Bucki of the U.S. Bankruptcy Court for the Western
District of New York authorized Proline Concrete of WNY, Inc. to
use cash collateral on an interim basis, until Aug. 15, 2016.

The approved Budget provided for total expenses in the amount of
$156,725.

Judge Bucki granted the Bank of Akron roll-over or replacement
liens granting security to the same extent, in the same priority,
and with respect to the same assets, as served as collateral for
its Prepetition Bank Indebtedness, to the extent of cash collateral
actually used during the pendency of the Chapter 11 case.

The Debtor was directed to make monthly adequate protection
payments to the Bank of Akron in the amount of $6,000, beginning on
Aug. 17, 2016.

The final hearing on the Debtor's Cash Collateral Motion is
scheduled on August 15, 2016 at 10:00 a.m.

A full-text copy of the Interim Order, dated August 3, 2016, is
available at https://is.gd/ENQnPT

               About Proline Concrete of WNY, Inc.

Proline Concrete of WNY, Inc. filed a chapter 11 petition (Bankr.
W.D.N.Y. Case No. 16-11455) on July 25, 2016.  The petition was
signed by James R. Sickau, president.  The Debtor is represented by
Arthur G. Baumeister, Jr., Esq., at Amigone, Sanchez & Mattrey LLP.
The case is assigned to Judge Carl L. Bucki.  At the time of the
filing, the Debtor estimated assets and debts at $1 million to $10
million.


PUERTO RICO: Treasury Didn't Tell Island to Default, Lawyer Says
----------------------------------------------------------------
Michelle Kaske, writing for Bloomberg News, reported U.S. Treasury
officials didn't tell Puerto Rico to default on general-obligation
bond payments, according to a lawyer representing the island in its
$70 billion debt restructuring.

"At least in my experience, U.S. Treasury doesn't say to the
commonwealth 'do x or y,'" Richard Cooper, Esq. --
racooper@cgsh.com -- a partner at Cleary Gottlieb Steen & Hamilton
LLP, said during a Puerto Rico conference at the CUNY Graduate
School of Journalism in New York.  "That is ultimately, I think
fueled, by creditors speculating for their own purposes."

The report related that Puerto Rico skipped paying nearly $1
billion to bondholders on July 1, including $780 million of
principal and interest on general obligations.  It was the largest
default in the $3.7 trillion municipal-bond market and the first
time a state-level borrower failed to pay on its direct debt since
the 1930s, the report said.

Cleary Gottlieb is Puerto Rico's legal adviser as it seeks to
reduce a $70 billion debt load, the report further related.  The
firm has been in discussions with U.S. Treasury staff, commonwealth
officials and creditors as the parties negotiate on a how to
restructure the island's debt, the report added.


QUIZNOS: Former Executives Seek Indemnification
-----------------------------------------------
Martin O'Sullivan, writing for Bankruptcy Law360, reported that
former Quiznos executives have asked the Court of Chancery of
Delaware to declare that certain affiliates of the restaurant chain
must shield them from fraud claims brought by former Quiznos
stakeholders regarding its 2014 bankruptcy, saying company
contracts clearly spell out the obligation.  They argue that their
employment agreements obligate Quiznos' direct and indirect
subsidiaries QCE Gift Card LLC, Quiz-Dia LLC and Quizmark LLC to
indemnify them against fraud claims from the restaurant chain's
ex-equity stakeholders.

                          About Quiznos

Denver-based Quiznos -- http://www.quiznos.com/-- is a chain      

designed for today's busy consumers who are looking for a high
quality, tasty, freshly prepared alternative to traditional fast-
food restaurants.  With locations in 50 states and 30 countries,
Quiznos is one of the world's premier quick-service restaurant
chains and pioneer of the toasted sandwich; Quiznos restaurants
offer creative, chef-created sandwiches and salads using premium
ingredients.  Quiznos was founded in 1981 by chefs who discovered
that toasting brought out the best in every sandwich ingredient.

QCE Finance LLC and its affiliates sought protection under Chapter
11 of the Bankruptcy Code on March 14, 2014.  The lead case is QCE
Finance LLC (Case No. 14-10543, Bankr. D.Del.).  The case is
assigned to Judge Peter J. Walsh.

The Debtors' lead counsel are Ira S. Dizengoff, Esq., Philip C.
Dublin, Esq., Jason P. Rubin, Esq., and Kristine G. Manoukian,
Esq., at AKIN GUMP STRAUSS HAUER & FELD LLP, in New York.  The
Debtors' local counsel is Mark D. Collins, Esq., and Amanda
Steele, Esq., at RICHARDS, LAYTON & FINGER, P.A., in Wilmington,
Delaware.  The Debtors' investment banker and financial advisor is
Matthew J. Hart of LAZARD FRERES & CO. LLC.  Paul Ruh, Mark A.
Roberts, and Jonathan Tibus of Alvarez & Marsal serves as the
Debtors' restructuring advisors.  Prime Clerk LLC serves as the
Debtors' claims and noticing agent.

The lead debtor, QCE Finance LLC, scheduled $737,000 in total
assets plus "undetermined amounts".  It scheduled $618 million
plus "undetermined amounts" as liabilities.

The U.S. Trustee has appointed a seven-member official committee
of unsecured creditors.  The Committee has tapped Cousins Chipman
& Brown LLP's Scott D. Cousins, Esq., and Ann Kashishian, Esq.;
and Otterbourg P.C.'s Scott L. Hazan, Esq., Jenette A. Barrow-
Bosshart, Esq., and David M. Posner, Esq., as counsel.

Avenue Capital Management II, L.P. and its affiliates are
represented by John J. Rapisardi, Esq., and Joseph Zujkowski,
Esq., at O'Melveny & Myers LLP in New York.  Fortress Investment
Group and its affiliates are represented by Skadden Arps Slate
Meagher & Flom's Van C. Durrer, Esq.  Co-counsel to the Consenting
First Lien Lenders are Milbank Tweed Hadley & McCloy's Thomas R.
Kreller, Esq., and David B. Zolkin, Esq., and Morris Nichols Arsht
& Tunnell's Robert J. Dehney.  Counsel to the First Lien Agent is
Ropes & Gray's Mark R. Somerstein.  Counsel to the Second Lien
Agent is Pillsbury Winthrop's Bart Pisella, Esq., and Timothy P.
Kober, Esq.  Counsel to Vectra Bank Colorado, National
Association, is Kasowitz Benson's Adam L. Shiff, Esq.

Quiznos' Plan of Reorganization was confirmed by the U.S.
Bankruptcy Court in Wilmington, Delaware on May 12, 2014.  The
company on July 1, 2014, disclosed that it has successfully
completed its financial restructuring and emerged from Chapter 11.


RED RIVER SOUTH: Hires Robert Raley as Attorney
-----------------------------------------------
Red River South Enterprises, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Louisiana to employ
Robert W. Raley of Ayres, Shelton, Williams, Benson & Paine, LLC as
attorney.

The Debtor proposes to employ the attorney to

   -- represent the Debtor in this Chapter 11 case and to advise
      the Debtor as to its rights, duties and powers as a Debtor-
      in-Possession;

   -- prepare and file all necessary statements, schedules, and
      other documents;

   -- negotiate and prepare one or more plans of reorganization
      for the Debtor;

   -- represent the Debtor at all hearings, meetings of creditors,
      conferences, trials and other proceedings in this case; and

   -- perform such legal services as may be necessary in
      connection with this case.

The attorney will be paid at these hourly rates:

       Robert W. Raley          $325
       Rebecca Harden           $55

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

To secure the payment of any attorneys' fees and reimbursable
expenses, the attorney has received in trust a Security Retainer in
the amount of $40,283.

Robert W. Raley 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 attorney can be reached at:

       Robert W. Raley, Esq.
       AYERS, SHELTON, WILLIAMS,
       BENSON & PAINE, LLC
       Suite 1400, Regions Tower
       333 Texas Street
       P.O. Box 1764
       Shreveport, LA 71166-1764
       Tel: (318) 227-3500
       Fax: (318) 227-3980
       E-mail: robertraley@arklatexlaw.com

                    About Red River South

Red River South Enterprises, LLC, based in Shreveport, La., filed a
Chapter 11 petition (Bankr. W.D. La. Case No. 16-11226) on July 21,
2016.   The Hon. Jeffrey P. Norman presides over the case. Robert
W. Raley, Esq. as bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Leon S. Miletello, Jr., managing member - Single
Member LLC.


REDPRAIRIE CORP: Bank Debt Trades at 3% Off
-------------------------------------------
Participations in a syndicated loan under RedPrairie Corp is a
borrower traded in the secondary market at 96.85
cents-on-the-dollar during the week ended Friday, July 29, 2016,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.22 percentage points from the
previous week.  RedPrairie Corp pays 500 basis points above LIBOR
to borrow under the $1.44 billion facility. The bank loan matures
on Dec. 21, 2018 and carries Moody's B3 rating and Standard &
Poor's B- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended July 29.


REGATTA CONSTRUCTION: Can Use Cash Collateral Until Aug. 31
-----------------------------------------------------------
Judge Frank J. Bailey of the U.S. Bankruptcy Court for the District
of Massachusetts authorized Regatta Construction, Inc. to use cash
collateral on an interim basis, until Aug. 31, 2016.

The final hearing on the Debtor's use of cash collateral is
scheduled on Aug. 30, 2016 at 11:00 a.m.  The deadline for the
filing of objections to the Debtor's use of cash collateral is set
on Aug. 25, 2016.

The Debtor was required to file a budget-to-actual reconciliation
for the month of July by Aug. 12, 2016.  The Debtor was further
required to provide a budget-to-actual reconciliation for the
period through Aug. 23, 2016 at the final hearing.

A full-text copy of the Order, dated Aug. 3, 2016, is available at
https://is.gd/hTP8iP

                 About Regatta Construction

Regatta Construction, Inc., et al. filed for Chapter 11 protection
(Bankr. D. Mass. Case No. 16-11885) on May 18, 2016. The petition
was signed by Christian Tosi, president. The Hon. Frank J. Bailey
presides over the case.

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

The Debtor is represented by George J. Nader, Esq., at Riley &
Dever, P.C.



REVOLVE SOLAR: Wants Authorization to Use Cash Collateral
---------------------------------------------------------
Revolve Solar (CA) Inc. and Revolve Solar (TX) Inc. ask the U.S.
Bankruptcy Court for the Western District of Texas for
authorization to use cash collateral.  

The Debtors relate that they have an immediate need to use the cash
collateral of its primary secured creditors Knight Capital Funding,
National Funding, Inc., and PowerUp Lending Group, Ltd., who claim
a lien on, among other things, the Debtors' accounts receivables.

The Debtors' proposed Budgets cover a period of 23 weeks beginning
on the week ended July 29, 2016 and ending with the week ended
December 30, 2016.  Each Budget provides for total disbursements in
the amount of $3,175,707.

The Debtors contend that the cash collateral will be used to
continue the Debtors' ongoing operations, which include the sale,
manufacture, and installation of solar power systems for both
residential and commercial use.

The Debtors propose to grant first priority replacement liens and
security interests to their primary secured creditors, against the
Debtor's accounts receivable originating post-petition and any and
all cash or other proceeds from those receivables on a
dollar-for-dollar basis, for each dollar of pre-petition cash or
accounts receivable used by the Debtor.  The Debtors also propose
to make monthly adequate protection payments to the primary secured
creditors.

A full-text copy of the Debtor Revolve Solar (CA) Inc.'s Motion,
dated Aug. 3, 2016, is available at https://is.gd/2QYXJa

A full-text copy of the Debtor Revolve Solar (TX) Inc.'s Motion,
dated Aug. 3, 2016, is available at https://is.gd/9BFQ0R

Knight Capital Funding can be reached at:

          KNIGHT CAPITAL FUNDING
          9 East Loockerman Street, Suite 3A-543
          Dover, DE 19901

National Funding, Inc. can be reached at:

          NATIONAL FUNDING, INC.
          9820 Towne Center Drive, Suite 200
          San Diego, CA 92121

PowerUp Lending Group, Ltd. can be reached at:

          POWERUP LENDING GROUP, LTD.
          111 Great Neck Road, Suite 216
          Great Neck, NY 11021

                About Revolve Solar.

Revolve Solar, Inc. aka Revolve Solar LLC, Revolve Solar (TX) Inc.,
and Revolve Solar (CA) Inc. each filed chapter 11 petitions (Bankr.
W.D. Tex. Case Nos. 16-10896, 16-10897, and 16-10899) on July 31,
2016.  The petition was signed by Tim Padden, president.  The
Debtors are represented by Joyce W. Lindauer, Esq., at Joyce W.
Lindauer Attorney, PLLC.  Revolve Solar, Inc. and Revolve Solar
(TX) Inc.'s cases are assigned to Judge Tony M. Davis, while
Revolve Solar (CA) Inc.'s case is assigned to Judge Christopher B.
Mott.  The Debtors each estimated assets and liabilities at $1
million to $10 million at the time of the filing.


RICHARD MERRITT: Unsecureds Get Nothing Under Plan
--------------------------------------------------
Richard Merritt filed with the U.S. Bankruptcy Court for the
Southern District of Alabama an amended disclosure statement and
Chapter 11 plan.

Under the Plan, unsecured creditors would receive nothing.  No
payment will be made on account of general prepetition unsecured
debts.  Based upon information currently known to the Debtor, it is
estimated that this case should result in allowable general
unsecured claims of $9,261,804.82, among others.

Funding for the Debtor's Plan will come primarily from the orderly
liquidation of property interests.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/alsb11-00380-735.pdf

The Plan was filed by the Debtor's counsel:

     Richard Maples, Jr., Esq.
     MAPLES & FONTENOT, LLP
     P.O. Box 1281
     Mobile, AL 36633
     Tel: (251) 432-2629
     E-mail: armaples@maplesfontenot.com

Richard Merritt, along with his mother and a third party, formed
the Merritt Oil Company, Inc., in 1974.  Merritt Oil was then
primarily in the petroleum products distribution business.  

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Ala. Case No. 11-00380) on Feb. 1, 2011.

As of the date of filing, based on schedules and amended schedules
filed, the Debtor's assets consisted of personal property, with a
collective total estimated value of $1,229,725, while debts totaled
$26,328,307.


ROCKWELL MEDICAL: Incurs $5.36 Million Net Loss in Second Quarter
-----------------------------------------------------------------
Rockwell Medical, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $5.36 million on $13.5 million of sales for the three months
ended June 30, 2016, compared to a net loss of $2.53 million on
$12.95 million of sales for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $10.2 million on $27.07 million of sales compared to a net
loss of $6.23 million on $26.8 million of sales for the six months
ended June 30, 2015.

As of June 30, 2016, Rockwell Medical had $87.1 million in total
assets, $29.5 million in total liabilities and $57.6 million in
total shareholders' equity.

"We believe we have adequate capital resources and substantial
liquidity to pursue our business strategy.

"As of June 30, 2016, we had current assets of $84.0 million and
net working capital of $74.8 million.  We have approximately $64.4
million in cash and investments as of June 30, 2016. Our uses of
cash have primarily been for research and product development,
investments in inventory to support our product launches and for
operating expenses.  Cash flow from operations used $6.3 million in
the first six months of 2016, which included research and
development expenses of $3.4 million, and increases of $3.1 million
in inventory and $2.5 million in accounts receivable.  We also
received $3.3 million net of taxes pursuant to the Wanbang
Agreement. Our capital expenditures for the first half of 2016 were
$0.2 million.

"We anticipate that we will increase our inventory and accounts
receivable as we increase our drug product sales.  We also expect
to invest in research and product development in 2016 as we work to
expand potential uses for Triferic, although spending on these
indications is expected to be minor in relation to the Company’s
current cash resources.  We believe that we have adequate capital
resources to make these investments in accounts receivable,
inventory and research and product development.  We expect to
generate positive cash flow from operations when sales of our drug
products become significant.

"We have no long term debt as of June 30, 2016 and do not expect to
incur interest expense in 2016.

"With respect to future capital equipment spending, we intend to
source our drug products from contract manufacturing organizations.
Other capital expenditures on our current facilities are not
expected to materially exceed depreciation expense.

"The Company is in discussions with multiple potential business
development partners to out-license rights to Rockwell's products
outside the United States.  Such licensing arrangements often
include upfront fees, research and development milestones, other
developmental milestone payments and royalties.  If such licensing
arrangements are negotiated for certain markets, we may receive
such consideration in the future in addition to those we are
already entitled to receive under existing agreements including our
recently completed licensing agreement for China.  In addition to
the initial milestone payment under the Wanbang Agreement, we may
receive up to an additional $35 million over the life of the
agreement in regulatory and revenue milestone payments plus ongoing
earnings.  We are also considering other business development
arrangements including joint ventures, partnerships and other
transactions related to our products or other future products that
we may develop or license."

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

                      https://is.gd/0UIKJz

                        About Rockwell

Rockwell Medical, Inc. (Nasdaq: RMTI), headquartered in Wixom,
Michigan, is a fully-integrated biopharmaceutical company
targeting end-stage renal disease ("ESRD") and chronic kidney
disease ("CKD") with innovative products and services for the
treatment of iron deficiency, secondary hyperparathyroidism and
hemodialysis (also referred to as "HD" or "dialysis").

Rockwell's lead investigational drug is in late stage clinical
development for iron therapy treatment in CKD-HD patients.  It is
called Soluble Ferric Pyrophosphate ("SFP").  SFP delivers iron to
the bone marrow in a non-invasive, physiologic manner to
hemodialysis patients via dialysate during their regular dialysis
treatment.

Rockwell Medical reported a net loss of $14.4 million on $55.35
million of sales for the year ended Dec. 31, 2015, compared to a
net loss of $21.3 million on $54.2 million of sales for the year
ended Dec. 31, 2014.  The Company also reported a net loss of
$48.8 million for the year ended Dec. 31, 2013.


RONALD WALTERS: Disclosure Statement Hearing Continued to Oct. 5
----------------------------------------------------------------
Frank W. Volk of the U.S. Bankruptcy Court for the Southern
District of West Virginia will continue on Oct. 5, 2016, at 1:30
p.m. the hearing on Ronald Neal Walters, Sr.'s fourth amended
Chapter 11 disclosure statement.  The hearing was first scheduled
for Aug. 24, 2016.

As reported by the Troubled Company Reporter, under the Plan the
Debtor will initially pay 1% on all unsecured claims.  The
unsecured claims will be paid over a 12-month period.  Payment will
start after the Debtor's motor vehicles are paid off, which time
period will be approximately commencing in November 2016.  Three
percent of the claims will be paid over the next 60-month period.
Unsecured creditors will be paid $4,464 during the last quarter of
each year for a total of payments in the last quarter of each year
in the amount of $22,320.45.

Unsecured claims total $869,897.

Payments and distributions under the Plan will be funded by the
Debtor's income from all sources including, but not limited to,
sales of real property in Charleston and income from commissions
at
insurance business.  

The Disclosure Statement is available at:

         http://bankrupt.com/misc/wvsb15-20243-127.pdf

Ronald Neal Walters, Sr., filed for Chapter 11 bankruptcy
protection (Bankr. S.D. W.Va. Case No. 15-20243) on April 30, 2015.
The Debtor continues to work in the insurance business.


ROSETTA GENOMICS: Shareholders OK All Proposals at Annual Meeting
-----------------------------------------------------------------
On Aug. 8, 2016, Rosetta Genomics Ltd. held its 2016 Annual General
Meeting of Shareholders.  The proxy statement for the Annual
Meetingwas filed by the Company with the Securities and Exchange
Commission as Exhibit 99.1 to its Report on Form 6-K on June 24,
2016.

At the Annual Meeting, all of the following proposals were approved
by shareholders:

   1. The re-election of Mr. Roy Davis to serve as a
      Class III director of the Company for a three year term
      commencing on the date of his election at the Annual Meeting
      and until the Annual General Meeting of the Company's
      shareholders to be held in 2019 in accordance with the
      Company's Articles of Association;

   2. Effective as of the date of the Annual Meeting, in
      accordance with Section 273(a) of the Israeli Companies Law,
      5759-1999, a grant to Mr. Roy Davis of an option to
      purchase up to 24,000 of the Company's ordinary shares,
      nominal (par) value NIS 0.6 each;

   3. The re-election of Mr. Gerald Dogon to serve as
      a Class III director of the Company for a three year term
      commencing on the date of his election at the Annual Meeting
      and until the Annual General Meeting of the Company's
      shareholders to be held in 2019 in accordance with the
      Company's Articles of Association;

   4. In accordance with Section 273(a) of the Companies Law, a
      grant to Mr. Gerald Dogon of an option to purchase up to
      24,000 Ordinary Shares;

   5. The re-election of Ms. Tali Yaron-Eldar to serve
      as a Class III director of the Company for a three year term
      commencing on the date of her election at the Annual Meeting
      and until the Annual General Meeting of the Company's
      shareholders to be held in 2019 in accordance with the
      Company's Articles of Association;

   6. Effective as of the date of the Annual Meeting, in
      accordance with Section 273(a) of the Companies Law a
      grant to Ms. Tali Yaron-Eldar of an option to purchase up to
      24,000 Ordinary Shares;

   7. Effective as of the date of the Annual Meeting, in
      accordance with Section 273(a) of the Companies Law, a
      grant to Mr. Joshua Rosensweig, a director of the Company,
      of an option to purchase up to 24,000 Ordinary Shares;

   8. A compensation policy for the Company's directors and
      officers, in accordance with the requirements
      of the Companies Law;

   9. An update to the remuneration for the chairs of committees
      of the Board of Directors of the Company; and

  10. The re-appointment of Kost, Forer, Gabbay & Kasierer, a
      member firm of Ernst & Young Global, as the Company's
      independent registered public accounting firm for
      the fiscal year ending Dec. 31, 2016, and until the next
      Annual Meeting, and to authorize the Audit committee and the
      Board of Directors of the Company to determine the
      remuneration of KFGK in accordance with the volume and
      nature of their services.

                          About Rosetta

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in
DNA and are believed to play an important role in normal function
and in various pathologies.  The Company has established a CLIA-
certified laboratory in Philadelphia, which enables the Company to
develop, validate and commercialize its own diagnostic tests
applying its microRNA technology.

Rosetta Genomics reported a loss from continuing operations of
US$17.34 million on US$8.26 million of total revenues for the year
ended Dec. 31, 2015, compared to a loss from continuing operations
of US$14.52 million on US$1.32 million of total revenues for the
year ended Dec. 31, 2014.  As of Dec. 31, 2015, Rosetta had US$22.4
million in total assets, US$2.80 million in total liabilities and
US$19.62 million in total shareholders' equity.


SABINE OIL: Reorganization Plan Takes Effect, Exits Chapter 11
--------------------------------------------------------------
Sabine Oil & Gas Corporation on Aug. 11, 2016, disclosed that its
Chapter 11 Plan of Reorganization, which was confirmed by the
United States Bankruptcy Court for the Southern District of New
York on July 27, 2016, has gone effective and the Company has
emerged from bankruptcy as a private company.  In conjunction with
its emergence from Chapter 11, the Company closed on its new senior
secured credit facility, which has commitments of $200 million and
an initial borrowing base of $150 million, and on its new $150
million second lien term loan.

The Company completed an effective balance sheet restructuring that
involved a debt-for-debt exchange, a debt-to-equity conversion, and
the issuance of warrants to purchase stock in the newly-formed
parent holding company of the reorganized Company.  The Company
emerged from bankruptcy with a significantly stronger balance sheet
and renewed ability to focus on creating value from its compelling
asset base.

Chief Executive Officer David Sambrooks stated, "Sabine has
successfully restructured its balance sheet, addressing its
leverage and liquidity needs.  Throughout this process we have
valued and appreciated the support and guidance of our outgoing
board of directors as well as our professional advisors.  Above
all, I am humbled by the dedication and outstanding effort of our
employees, and have great optimism for the next chapter of our
organization.  We look forward to working under the guidance of our
new, remarkably experienced board to create value for our new
ownership group."

The Company intends to file a Form 15 with the Securities and
Exchange Commission (the "SEC") terminating the registration of its
securities under Section 12(g) of the Securities Exchange Act of
1934 (the "Exchange Act") and suspending its reporting obligations
under Section 15(d) of the Exchange Act.  As a result of such
filing, the Company will no longer be obligated to and will not
file any further current or periodic reports with the SEC.

Court filings and other information related to the restructuring
proceedings are available at a website administered by the
Company's claims agent, Prime Clerk, at
https://cases.primeclerk.com/sabine, or via telephone at
866-692-6696 (toll free).

               About Sabine Oil & Gas Corporation

Sabine Oil & Gas Corp. is an independent energy company engaged in
the acquisition, production, exploration, and development of
onshore oil and natural gas properties in the U.S.  The Company's
current operations are principally located in the Cotton Valley
Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in
South Texas, the Granite Wash in the Texas Panhandle, and the
North Louisiana Haynesville.  The Company operates, or has joint
working interests in, approximately 2,100 oil and gas production
sites (approximately 1,800 operating and approximately 315
non-operating) and has approximately 165 full-time employees.

Sabine Oil and its affiliated entities sought Chapter 11 Protection
(Bankr. S.D.N.Y. Lead Case No. 15-11835) in Manhattan on July 15,
2015.

The Debtors have engaged Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, as counsel; Lazard Freres & Co. LLC, as
investment banker and Prime Clerk LLC as notice, claims and
balloting agent.  The Debtors also tapped Zolfo Cooper Management,
LLC, to provide Jonathan A. Mitchell as CRO and other additional
personnel.

The U.S. Trustee for Region 2 appointed five creditors to serve on
the official committee of unsecured creditors.  The Committee is
represented by Mark R. Somerstein, Esq., Keith H. Wofford, Esq.,
and D. Ross Martin, Esq., at Ropes & Gray LLP as their counsel.
The Committee has also engaged Blackstone Advisory Partners L.P. as
investment banker; and Berkeley Research Group, LLC as financial
advisor.


SCIENTIFIC GAMES: Names Kevin Sheehan as New President and CEO
--------------------------------------------------------------
Scientific Games Corporation announced that Kevin Sheehan succeeded
M. Gavin Isaacs as president and chief executive officer of the
Company, effective as of Aug. 4, 2016.  The Company's Board of
Directors also appointed Mr. Sheehan to serve as a director of the
Company, effective as of the Effective Date.  In his role as a
director, Mr. Sheehan will also serve on the executive and finance
committee and the compliance committee of the Board.  Upon the
Effective Date, Mr. Isaacs became the vice chairman of the Board
and will remain an employee of the Company through December 31,
2016, at which point it is expected that Mr. Isaacs will become a
consultant to the Company.  There are no disagreements between Mr.
Isaacs and the Board or management and his transition is not
related to the Company's operations, policies, practices or any
issues regarding the integrity of the Company's financial
statements or accounting policies and practices.

Mr. Sheehan, 63, served as chief executive officer of NCL
Corporation Ltd., a leading global cruise line operator, from
November 2008 through January 2015 and President of Norwegian
Cruise Line from August 2010 through January 2015 (and previously
from August 2008 through March 2009).  Mr. Sheehan also served as
Chief Financial Officer of Norwegian Cruise Line from November 2007
until September 2010.  Before joining Norwegian Cruise Line, Mr.
Sheehan served as a consultant to private equity firms, including
Cerberus Capital Management LP (2006-2007) and Clayton Dubilier &
Rice (2005-2006).  From August 2005 to January 2008, Mr. Sheehan
served on the faculty of Adelphi University as a Distinguished
Visiting Professor of accounting, finance and economics.  Prior to
that, Mr. Sheehan held various senior executive roles at Cendant
Corporation, including serving as Chairman of the board of
directors and chief executive officer of Cendant Corporation's
Vehicle Services Division from January 2003 to May 2005. He also
served as the Chief Financial Officer of Cendant Corporation from
March 2001 to May 2003.  Mr. Sheehan is currently the John J.
Phelan, Jr. Distinguished Professor at the Robert B. Willumstad
School of Business at Adelphi University.  Mr. Sheehan currently
serves on the board of directors of Dave & Buster's Entertainment,
Inc., New Media Investment Group Inc., and Bob Evans Farms Inc.

The Company has entered into an employment agreement with Mr.
Sheehan which begins on the Effective Date and extends through Aug.
3, 2019, subject to automatic extension for an additional year at
the end of the term and each anniversary thereof unless timely
notice of non-renewal is given by either the Company or Mr.
Sheehan.

Under the Employment Agreement, Mr. Sheehan will receive an annual
base salary of $1,800,000 and will have the opportunity to earn up
to 100% of his base salary as incentive compensation upon
achievement of target level performance goals for a given year and
the opportunity to earn up to 200% of his base salary upon
achievement of maximum performance goals for a given year.  Mr.
Sheehan is also entitled to reimbursement for his relocation to Las
Vegas, Nevada to work from the Company's headquarters.  For 2016,
Mr. Sheehan will receive incentive compensation equal to $900,000.
The Company will grant to Mr. Sheehan in 2017 equity awards with a
grant date fair value equal to approximately 250% of his base
salary.  Beginning in 2018, Mr. Sheehan will be eligible to receive
annual equity awards currently expected to have a grant date value
targeted at approximately 250% of his base salary, generally in the
discretion of the Compensation Committee of the Board in accordance
with the Company's plans and programs for senior executives of the
Company.  On Aug. 10, 2016, Mr. Sheehan will receive sign-on equity
awards consisting of (a) 400,000 performance-conditioned restricted
stock units that will vest based on achievement of specified
performance conditions over a three-year period and (b) equity
awards with a grant date value equal to approximately 250% of his
base salary, prorated based on the number of days Mr. Sheehan will
be employed in 2016, and consisting of (i) restricted stock units
and stock options, each with a four-year vesting schedule, with the
vesting dates falling on March 20 of 2017, 2018, 2019 and 2020 and
(ii) performance-conditioned stock options vesting over a four-year
period (with the vesting dates also being March 20 of 2017, 2018,
2019 and 2020) subject to the same performance condition as is
applicable to the performance-conditioned stock options granted to
the Company's other executive officers on June 21, 2016.  The
sign-on equity awards were approved as employment inducement grants
pursuant to NASDAQ Listing Rule 5635(c)(4).

              Modification Agreement with Mr. Isaacs

On Aug. 4, 2016, the Company entered into a modification agreement
with Mr. Isaacs, effective as of the Effective Date, pursuant to
which the parties agreed to amend certain terms of Mr. Isaacs
existing employment agreement, dated as of June 9, 2014, and
amended on Oct. 29, 2015.

The Modification Agreement provides that upon the Effective Date,
Mr. Isaacs will cease to serve as president and chief executive
officer of the Company and will become vice chairman of the Board
and that the term under the Existing Isaacs Employment Agreement
will be modified so that it ends on Dec. 31, 2016, with Mr. Isaacs
remaining an employee of the Company through such date.  The
provisions of the Existing Isaacs Employment Agreement relating to
Mr. Isaacs' compensation and benefits will remain in effect
throughout the remainder of the term of the agreement, as modified.
The Modification Agreement also provides that the term of the
restrictive covenants contained in the Existing Isaacs Employment
Agreement will be extended so that they are effective until the
date that is 24 months following Mr. Isaacs' termination of
employment.

Pursuant to the Modification Agreement, provided that Mr. Isaacs
remains employed with the Company through Dec. 31, 2016, and
executes and does not revoke a release of claims in favor of the
Company and its affiliates, a consulting agreement between Mr.
Isaacs and the Company will become effective as of Jan. 1, 2017,
providing for Mr. Isaacs' continued services to the Company as a
consultant through June 30, 2018, subject to extension upon
agreement by Mr. Isaacs and the Company.  During the term of the
Consulting Agreement, Mr. Isaacs will be entitled to (a) a monthly
consulting fee of $83,333.33, (b) payment of an amount equal to
COBRA premiums for the term of the Consulting Agreement and while
Mr. Isaacs is eligible for COBRA coverage, less the amount of
employee contributions for similarly-situated active employees, if
Mr. Isaacs elects to continue medical coverage under the
Company’s group health plan in accordance with COBRA, and (c) the
opportunity to receive a discretionary bonus for 2017.  The
Modification Agreement and the Consulting Agreement provide that
any unvested equity awards held by Mr. Isaacs as of December 31,
2016, will remain outstanding and continue to vest in accordance
with their vesting schedule, subject to Mr. Isaac's continued
service as a consultant through the applicable vesting date and
achievement of any applicable performance criteria, provided that
any such equity awards that remain outstanding on June 30, 2018,
will immediately vest as of such date if Mr. Isaacs is still
providing services to the Company as of such date, subject to
achievement of any applicable performance criteria.

In the event that the Company terminates the Consulting Agreement
prior to June 30, 2018, without "Cause", Mr. Isaacs will be
entitled to receive the monthly consulting fee through June 30,
2018, and Mr. Isaac's equity awards will be treated as if he had
continued providing services to the Company through June 30, 2018.

                    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.

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.

                           *     *     *

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.


SCOTT SWIMMING: Has Until Aug. 31 to Use Cash Collateral
--------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized Scott Swimming Pools Inc. to use
cash collateral until Aug. 31, 2016.

The Debtor is indebted to Webster Bank in the amount of $451,000 as
of the Petition Date.  The indebtedness is secured by liens and/or
security interests in substantially all of the Debtor's assets.
The Debtor related that substantially all of its revenue is derived
from contracts and receivables obtained from operating its pool
business.

The Debtor was authorized to collect and use the prepetition
collateral, including cash collateral, to continue its usual and
ordinary operations in the ordinary course of its business, by
paying for the budgeted expenditures set forth in the approved
Budget.

The approved Budget for August 2016 provided for total expenses in
the amount of $455,330.

Judge Manning granted Webster Bank postpetition claims against the
Debtor's estate, which will have priority in payment over any other
indebtedness and/or obligations and over all administrative
expenses or charges against property, subject only to the
Carve-Out.  Webster Bank was also granted a replacement lien and/or
security interest in the Debtor's post-petition assets, in the same
nature, priority and extent as the liens and/or security interests
of Webster Bank in the Pre-petition Collateral and its proceeds,
subject to the Carve-Out.

The Carve-Out consists of:

     (a) the allowed administrative claims of attorneys and other
professionals retained by the Debtor in the Case, in the aggregate
amount of $25,000; and

     (b) amounts payable pursuant to 28 U.S.C. Section 1930(a)(6).

A further hearing on the continued use of cash collateral is
scheduled on Aug. 31, 2016, at 11:00 a.m.

A full-text copy of the Order, dated Aug. 3, 2016, is available at
https://is.gd/asd4NL

                 About Scott Swimming Pools

Based in Woodbury, Conn., Scott Swimming Pools, Inc., constructs,
sells and services swimming pools.  The company filed a chapter 11
petition (Bankr. D. Conn. Case No. 15-50094) on Jan. 22, 2014.  The
petition was signed by James M. Scott, president.  The Debtor is
represented by James M. Nugent, Esq., at Harlow, Adams, and
Friedman, P.C., in Milford, Conn.  The case is assigned to Judge
Alan H.W. Shiff.  At the time of the filing, the Debtor said it had
no assets and owed creditors $3.79 million.


SEA LEVEL VIEW: Case Summary & Unsecured Creditor
-------------------------------------------------
Debtor: Sea Level View Inc.
        10120 South Eastern Avenue, Suite 200
        Henderson, NV 89052

Case No.: 16-14394

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 10, 2016

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

Judge: Hon. Laurel E. Davis

Debtor's Counsel: Matthew L. Johnson, Esq.
                  JOHNSON & GUBLER, P.C.
                  8831 West Sahara Avenue
                  Las Vegas, NV 89117
                  Tel: (702) 471-0065
                  Fax: (702) 471-0075
                  E-mail: annabelle@mjohnsonlaw.com
                          mjohnson@mjohnsonlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Paolo Cammarata, owner.

The Debtor listed the Los Angeles County Tax Collector as its
largest unsecured creditor holding a claim of $39,021.

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

            http://bankrupt.com/misc/nvb16-14394.pdf


SEQUENOM INC: To be Acquired by LabCorp for $2.40 Per Share
-----------------------------------------------------------
Laboratory Corporation of America Holdings announced the
commencement of its cash tender offer for all outstanding shares of
the common stock of Sequenom, Inc. (NASDAQ: SQNM) for $2.40 per
share.  The tender offer is being made by Savoy Acquisition Corp.,
a wholly owned subsidiary of LabCorp, pursuant to an offer to
purchase, dated Aug. 9, 2016.  LabCorp and Sequenom previously
announced that they entered into an agreement and plan of merger,
dated as of July 26, 2016, for LabCorp to acquire Sequenom.

The board of directors of Sequenom, Inc., has determined that the
merger agreement, the offer and the merger are fair and advisable
to, and in the best interests of Sequenom and its stockholders. The
Sequenom board also agreed that the merger agreement will be
effected under Section 251(h) of the Delaware General Corporation
Law, approved the merger agreement, the offer, the merger and the
other transactions contemplated thereby, and recommended that
Sequenom stockholders accept the offer and tender their shares in
the offer.

The tender offer and any withdrawal rights are scheduled to expire
at 12:01 a.m., New York City Time, on Wednesday, Sept. 7, 2016,
unless the tender offer is extended.

Following the successful completion of the tender offer, LabCorp
expects to merge Savoy Acquisition Corp. into Sequenom without a
vote of the stockholders of Sequenom, resulting in any shares not
purchased in the tender offer being converted into the right to
receive the same cash price per share as paid in the tender offer.
The tender offer and the merger are subject to customary closing
conditions set forth in the merger agreement, including the
acquisition by Savoy Acquisition Corp. of a majority of Sequenom's
outstanding shares at the time of the consummation of the offer and
the expiration or early termination of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
The closing of the acquisition is expected by year end.

The complete terms and conditions of the tender offer are set forth
in the offer to purchase, letter of transmittal and other related
materials filed with the Securities and Exchange Commission on Aug.
9, 2016, as exhibits to a tender offer statement on Schedule TO
filed by LabCorp and Savoy Acquisition Corp.  In addition, on Aug.
9, 2016, Sequenom filed a solicitation/recommendation statement on
Schedule 14D-9 with the SEC related to the tender offer.

                         About LabCorp

Laboratory Corporation of America Holdings (NYSE: LH), an S&P 500
company, is a healthcare diagnostics company, providing
comprehensive clinical laboratory and end-to-end drug development
services.  With a mission to improve health and improve lives,
LabCorp delivers world-class diagnostic solutions, brings
innovative medicines to patients faster and develops
technology-enabled solutions to change the way care is provided.
With net revenue in excess of $8.5 billion in 2015, LabCorp's
50,000 employees serve clients in 60 countries.  To learn more
about LabCorp, visit www.labcorp.com, and to learn more about
Covance Drug Development, visit www.covance.com.

                         About Sequenom

Sequenom, Inc. (NASDAQ: SQNM) -- http://www.sequenom.com/-- is a
life sciences company committed to improving healthcare through
revolutionary genetic analysis solutions.  Sequenom develops
innovative technology, products and diagnostic tests that target
and serve discovery and clinical research, and molecular
diagnostics markets.  The company was founded in 1994 and is
headquartered in San Diego, California.

Sequenom reported a net loss of $16.3 million on $128 million of
total revenues for the year ended Dec. 31, 2015, compared to net
income of $1.01 million on $152 million of total revenues for the
year ended Dec. 31, 2014.

As of June 30, 2016, Sequenom had $97.3 million in total assets,
$152 million in total liabilities and a $54.5 million total
stockholders' deficit.


SOLAR POWER: Announces New Management Appointments
--------------------------------------------------
SPI Energy Co., Ltd., has strengthened its senior management team
with two key appointments.  Effective Aug. 1, 2016, Mr. Kevin Qi
will join SPI Energy as senior vice president in charge of
corporate development and capital markets and effective July 1,
2016, Mr. Minghua Zhao became joint chief operating officer of the
Company's China domestic business.

Mr. Qi has more than 17 years of experience dealing with
cross-border fund raising and capital market transactions in Asia
and globally and has a successful investment and asset management
track record.  He has served as managing director and Head of
Credit Opportunities Fund at China Merchants Capital in Hong Kong
since May 2013, overseeing the establishment and performance of the
US$400 million fund.  Mr. Qi served as a Managing Director at Bank
of America Merrill Lynch from 2007 to 2013 where he was the head of
the Greater China global loans and special situation group. Prior
to that, he held senior management roles at other global investment
banks including Citigroup, Credit Suisse and UBS.  Mr. Qi obtained
a Bachelor's Degree in Physical Oceanography at Ocean University of
China, a Ph.D. in Physical Oceanography at Oregon State University
and an MBA at University of Chicago, Booth School of Business.

Mr. Zhao, who joined SPI Energy in February 2015 and has served as
SVP of the Company's finance service business, brings 19 years of
business management, finance, investment and risk management
experience to the Company.  He previously served as general manager
of Suzhou Industrial Park Chengcheng Enterprises Guarantee Co.,
Ltd., a financial services company, and from 2003 to 2009 as
president of Suzhou Industrial Park Branch of Suzhou Bank. Prior to
that, he worked at CITIC Bank for six years.  Mr. Zhao graduated
from Jiangsu Province Business School in 1997 with a degree in
Business Administration and from Southwestern University of Finance
and Economics in 2008 with a degree in Business Management.

"Mr. Qi is a proven financial leader with a deep understanding of
capital markets and corporate strategy and we are delighted to have
him join our senior management team," said Xiaofeng Peng, chairman
and CEO of SPI Energy.  "We are also pleased to have Mr. Zhao step
into the position of joint COO working closely with Hoong Khoeng
Cheong, COO of our overseas operations.  Mr. Zhao will be
responsible for steering our growing China operations which span a
wide range of online and offline businesses. They both bring many
years of valuable experience to SPI Energy and will help drive our
corporate development in a global context as we take advantage of
the evolving green energy market opportunities at home and
abroad."

                      About Solar Power

Roseville, Cal.-based Solar Power, Inc., is a global solar
energy facility developer offering its own brand of high-
quality, low-cost distributed generation and utility-scale SEF
development services.  Primarily, the Company works directly with
and for developers around the world who hold large portfolios of
SEF projects for whom it serves as an engineering, procurement and
construction contractor.  The Company also performs as an
independent, turnkey SEF developer for one-off distributed
generation and utility-scale SEFs.

Solar Power reported a net loss of $5.19 million in 2014, a net
loss of $32.2 million in 2013 and a net loss of $25.4 million in
2012.

As of Sept. 30, 2015, the Company had $727 million in total assets,
$431 million in total liabilities and $296 million in total equity.


STACEY TYLER: Court to Take Up Liquidating Plan on Sept. 22
-----------------------------------------------------------
A U.S. bankruptcy court will consider approval of the Chapter 11
plan of reorganization of Stacey Tyler at a hearing on September
22.

The U.S. Bankruptcy Court for the Southern District of Texas will
hold the hearing at 2:00 p.m. (Houston time), at the U.S.
Courthouse, Courtroom 400, 4th Floor, 515 Rusk, Houston, Texas.

The court will also consider at the hearing the final approval of
the Debtor's disclosure statement, which it conditionally approved
on August 9.

The court order set a September 14 deadline for creditors to cast
their votes and file their objections.  

                        About Stacey Tyler

Stacey Tyler sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S. D. Texas Case No. 15-31257).  The case is assigned
to Judge David R. Jones.


STELLAR BIOTECHNOLOGIES: Incurs $1.19-Mil. Net loss in 2nd Quarter
------------------------------------------------------------------
Stellar Biotechnologies, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $1.19 million on $181,092 of revenues for the three
months ended June 30, 2016, compared to net income of $463,986 on
$157,748 of revenues for the three months ended June 30, 2015.

For the nine months ended June 30, 2016, the Company reported a net
loss of $3.68 million on $995,587 of revenues compared to a net
loss of $1.30 million on $558,036 of revenues for the same period
last year.

As of June 30, 2016, Stellar had $8.50 million in total assets,
$839,002 in total liabilities, all current, and $7.66 million in
total shareholders' equity.

"The Stellar team is very pleased to report another period of
positive momentum on all fronts with continued growth in revenues,
a successful institutional financing, and formation of our joint
venture company Neostell," said Frank Oakes, president and chief
executive officer of Stellar Biotechnologies, Inc.  "Our growth
plans are now bolstered by a stronger balance sheet, providing a
runway from which we can execute on key programs that we believe
will position Stellar to be the leading KLH company in the field of
active immunotherapy."

Working capital position as of June 30, 2016, was $6.89 million,
compared to $7.49 million as of Sept. 30, 2015.  Cash, cash
equivalents and short-term investments totaled $6.79 million at
June 30, 2016, compared to $8.97 million at September 30, 2015.
Subsequent to June 30, 2016, we completed a Registered Direct
Offering of common shares and private placement of unregistered
warrants for net proceeds of approximately $6 million.

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

                      https://is.gd/jPSRQn

                          About Stellar

Port Hueneme, Cal.-based Stellar Biotechnologies, Inc.'s
business is to commercially produce and market Keyhole Limpet
Hemocyanin ("KLH") as well as to develop new technology related to
culture and production of KLH and subunit KLH ("suKLH")
formulations.  The Company markets KLH and suKLH formulations to
customers in the United States and Europe.

KLH is used extensively as a carrier protein in the production of
antibodies for research, biotechnology and therapeutic
applications.

Stellar Biotechnologies reported a net loss of $8.43 million for
the year ended Aug. 31, 2014, a net loss of $14.5 million for the
year ended Aug. 31, 2013, and a net loss of $5.52 million for the
year ended Aug. 31, 2012.  Stellar Biotechnologies reported a net
loss of $2.84 million on $758,689 of revenues for the year ended
Sept. 30, 2015.


STEREOTAXIS INC: Reports 2016 Second Quarter Financial Results
--------------------------------------------------------------
Stereotaxis, Inc., reported a net loss of $2.33 million on $7.87
million of total revenue for the three months ended June 30, 2016,
compared to a net loss of $1.53 million on $9.66 million of total
revenue for the same period in 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $4.60 million on $16.5 million of total revenue compared to
a net loss of $4.67 million on $19.2 million of total revenue for
the same period last year.

As of June 30, 2016, Stereotaxis had $16.3 million in total assets,
$37.9 million in total liabilities and a total stockholders'
deficit of $21.7 million.

"This is our 10th consecutive quarter of year-over-year growth in
ventricular tachycardia (VT) procedures and the fourth quarter in a
row that we have driven VT volume growth above 20%," said William
C. Mills, Stereotaxis chief executive officer.  "Our success
reflects ongoing efforts to build on a steadily growing body of
clinical evidence supporting the capability of our technologies to
significantly outperform traditional therapies in safety, acute
success and long-term outcomes for this very difficult,
life-changing procedure.  As more physicians turn to and become
proficient using our Niobe magnetic navigation system for VT
ablation, we move closer to becoming the standard of care for a
complex intervention that is growing worldwide at an average annual
rate of 10%.  While we continue to gain market share in VT, our
increased volume in combination with strong service revenue has
resulted in consistently healthy, high-margin recurring revenues.

"During the second quarter, we were pleased to celebrate the launch
of our Niobe ES system at several prestigious medical institutions,
including Kakogawa Central City Hospital in Japan, which held an
opening ceremony for the public and healthcare community in June.
Kakogawa represents our second system installation in Japan and the
first in this prefecture of 5.5 million people to offer remotely
controlled interventions for cardiac arrhythmias, as part of a new,
expanded state-of-the-art facility.  We also completed the
installation and clinical start-up of our Niobe system and Vdrive
robotic navigation system at Montreal Heart Institute, our first
customer site in the province of Quebec.

"Furthering our commitment to product advancements that yield
better outcomes through improved lesion creation in all four
chambers of the heart, we announced the market release of our
second generation V-CAS Deflect catheter advancement system in
Europe.  The V-CAS Deflect system is designed to remotely control a
proprietary robotic deflectable sheath, which supports better
stability and maneuverability of the magnetic ablation catheter
during a procedure using the Niobe system.  With this iteration, we
have included features to enhance the mapping and maneuverability
of the deflectable sheath in challenging anatomies, which we expect
to deliver safer, more efficient and efficacious single-operator
procedures for complex arrhythmias," Mr. Mills concluded.

At June 30, 2016, Stereotaxis had cash and cash equivalents of $3.9
million and unused borrowing capacity of $1.0 million on its
revolving line of credit, resulting in total liquidity of $4.9
million.  At June 30, 2016, total debt was $21.1 million, which
consisted of $3.0 million borrowed against the revolving line of
credit and the remaining balance related to HealthCare Royalty
Partners long-term debt.

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

                      https://is.gd/8ZPReh

                       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 $37.7 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.

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.


STEVEN PALLADINO: College May Keep Tuition Paid by Bankrupt Parents
-------------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal Pro Bankruptcy,
reported that a federal bankruptcy judge ruled that Sacred Heart
University can keep roughly $65,000 in tuition money in a legal
battle that's grown more common as the cost of college rises and
tuition payments become a popular target of bankruptcy trustees.

According to the report, U.S. Bankruptcy Judge Melvin Hoffman ruled
that Steven and Lori Palladino benefited from paying their
daughter's tuition at the private Connecticut university.  The
decision allows the school to avoid returning the money -- paid
between March 2012 and March 2014 -- to a court-appointed trustee
who sought the money to pay debts as part of the Massachusetts
couple's 2014 bankruptcy, the report related.

"A parent can reasonably assume that paying for a child to obtain
an undergraduate degree will enhance the financial well-being of
the child which in turn will confer an economic benefit on the
parent," Judge Hoffman wrote in the nine-page ruling, the report
further related.

With his ruling, Judge Hoffman became the first judge in recent
years to weigh in on bankruptcy trustees who sue universities --
and sometimes, college students themselves -- to take back tuition
that had been paid by parents years before, the report said.
Trustees argue that because bankrupt parents don't benefit from
paying children's college tuition, those payments should be taken
back and made available to pay the parents' other debts, the report
added.  Most colleges have settled, agreeing to return a total of
at least $276,434.80 since 2014, a Wall Street Journal analysis
found.

WSJ related that in the Palladino case, bankruptcy trustee Mark
DeGiacomo argued that Sacred Heart University's tuition payments
should be redirected to victims of a multimillion-dollar Ponzi
scheme that Mr. Palladino orchestrated.  He pleaded guilty to
federal and state criminal charges, and in 2014 a Massachusetts
court sentenced him to 10 years in prison, the report said, citing
bankruptcy-court documents. Ms. Palladino pleaded guilty and was
sentenced to five years of probation, the report added.


SUNCOAST LED: 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 Suncoast LED Displays, LLC.

Suncoast LED Displays LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-05408) on June 23,
2016.


SUNEDISON INC: NRG Energy Bids for Wind and Solar Projects
----------------------------------------------------------
Jacqueline Palank, writing for The Wall Street Journal Pro
Bankruptcy, reported that SunEdison Inc. is seeking
bankruptcy-court approval to sell a number of North American solar-
and wind-power projects to NRG Energy Inc. for $144 million,
subject to higher bids.

According to the report, SunEdison on Aug. 9 filed papers in its
chapter 11 case outlining plans to auction its ownership stakes in
the companies that construct large-scale renewable-energy
facilities and sell wind or solar power to utility and other
customers.  The projects up for sale are located in Utah,
California, Maine, Hawaii, Texas and Washington, the report
related, citing court papers.

The value of NRG's $144 million bid could ultimately climb to $188
million, as it includes the potential for SunEdison to collect up
to $44 million after the sale closes depending upon the achievement
of certain milestones related to the projects, the report further
related.

SunEdison wants to declare NRG's renewable-energy unit the stalking
horse, or lead, bidder in a sale process that would include a Sept.
6 deadline for bids, Sept. 9 auction and Sept. 15 court hearing to
approve the winning bid, the report said.

In return for setting a floor price for the assets, court papers
show NRG could collect a $4.5 million expense reimbursement and
$5.5 million breakup fee if a rival bidder prevails, the report
added.

                     About SunEdison, Inc.

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

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

Five affiliates of SunEdison, Inc. and certain of its subsidiaries
on August 9, 2016, commenced cases by filing petitions for relief
under the Bankruptcy Code in the Bankruptcy Court, namely:
Buckthorn Renewables Holdings, LLC (Case No. 16-12298),
Greenmountain Wind Holdings, LLC (Case No. 16-12299), Rattlesnake
Flat Holdings, LLC (Case No. 16-12300), Somerset Wind Holdings, LLC
(Case No. 16-12301), and SunE Waiawa Holdings, LLC (Case No.
16-12302).

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

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

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


SUNEDISON INC: Three Affiliates' Voluntary Chapter 11 Case Summary
------------------------------------------------------------------
Affiliates of SunEdison, Inc., filing separate Chapter 11
bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      SunE MN Development, LLC                    16-12314
      7550 Wisconsin Avenue, 9th Floor
      Bethesda, MD 20814

      SunE MN Development Holdings, LLC           16-12315

      SunE Minnesota Holdings, LLC                16-12316

Chapter 11 Petition Date: August 10, 2016

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

Judge: Hon. Stuart M. Bernstein

Debtors' Counsel: Jay M. Goffman, Esq.
                  SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                  Four Times Square
                  New York, NY 10036
                  Tel: (212) 735-3000
                  Fax: (212) 735-2000
                  E-mail: Jay.Goffman@skadden.com

                    - and -

                  J. Eric Ivester, Esq.
                  SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                  4 Times Square
                  New York, NY 10036
                  Tel: (212) 735-3000
                  Fax: (212) 735-2000
                  E-mail: eric.ivester@skadden.com

Debtors'          
Conflicts
Counsel:          TOGUT, SEGAL & SEGAL LLP

Debtors'          
Investment
Banker and
Financial
Advisor:          ROTHSCHILD INC

Debtors'          
Restructuring     
Advisor:          MCKINSEY RECOVERY & TRANSFORMATION SERVICES U.S.,
LLC

Debtors'          
Claims &
Noticing
Agent:            PRIME CLERK LLC

Estimated Assets: $50 million to $100 million

Estimated Debts: $0 to $50,000

The petition was signed by Patrick Cook, authorized signatory.

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


SYSTEM SOLDING: Names James Yan as Counsel
------------------------------------------
System Solding (USA) Inc. seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
James S. Yan as counsel.

The Debtor requires Mr. Yan to:

   (a) give the Debtor legal advice with respect to its powers and

       duties as Debtor-in-Possession in the continued management
       of its financial affairs and property;

   (b) negotiate with any secured creditors regarding their
       secured claims;

   (c) negotiate with creditors regarding post-petition
       transactions;

   (d) prepare on behalf of the Debtor as Debtor-in-Possession
       necessary applications, answers, orders, reports and other
       legal papers;

   (e) prepare a disclosure statement and a plan of reorganization

       for the Court's approval;

   (f) perform all other legal services for the Applicant as
       Debtor-in-Possession which may be necessary herein.

The Debtor will compensate Mr. Yan at his standard hourly rate of
$300.

The Debtor has paid to Mr. Yan a pre-petitioner retainer in the
amount of $33,000 as an advance against pre-petition and
post-petition fees and costs. There is no provision regarding
replenishment thereof. The pre-petition attorney's fee, filing fee
and costs amount to a total of $17,729.95. The amount of $15,270.05
representing an advance against postpetition fees and costs was
deposited into a segregated trust account. All post-petition
retainers, if any, will be deposited into the same segregated trust
account.

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

James S. Yan 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 counsel can be reached at:

       James S. Yan, Esq.
       LAW OFFICES OF JAMES S. YAN
       980 S. Arroyo Parkway, Suite 250
       Pasadena, CA 91105
       Tel: (626) 405-0872
       Fax: (626) 405-0970
       E-mail: jsyan@msn.com

                    About System Solding

System Solding (USA) Inc., based in Rancho Dominguez, Calif.,
provides waste and environmental services and equipment. The
company filed a Chapter 11 petition (Bankr. C.D. Calif. Case No.
16-18813) on July 1, 2016.   The Hon. Vincent P. Zurzolo presides
over the case. James S. Yan, Esq. as bankruptcy counsel.

In its petition, the Debtor estimated $10 million to $50 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Chunming Li, president.


TAYLOR BEAN: PwC Fights $5.6-Bil. Fraud Trial Over Collapse
-----------------------------------------------------------
Susannah Nesmith and Sophia Pearson, writing for Bloomberg News,
reported that PricewaterhouseCoopers LLP failed to spot for seven
years a multibillion fraud that led to the demise of Taylor Bean &
Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy
trustee told a Miami jury on Aug. 9, 2016.

According to the report, at issue is PwC's work for Colonial Bank,
which bought mortgages that Taylor Bean originated.  Had PwC
adequately vetted documents that Taylor Bean gave to the bank, it
would have spotted a multiyear fraud by executives at both firms
far earlier and put an end to it, the trustee claims, the report
related.  Instead, federal regulators uncovered it in 2009 and
Taylor Bean and Colonial went bankrupt, the report further related.
The bankruptcy trustee sued in 2013 seeking $5.6 billion in
damages, the report said.

"Year after year, Pricewaterhouse didn't do their job, they didn't
follow the rules and they failed to detect the fraud," the report
cited Steven Thomas, an attorney for the trustee, as saying in
opening statements.

Taylor Bean's accountant, Deloitte & Touche, settled similar
allegations by the trustee three years ago for an undisclosed
amount, the report related.

PwC maintains it complied with auditing standards in the Taylor
Bean case and accused the mortgage issuer of being responsible for
its own losses, the report further related.

"Remember, Taylor Bean's owner and half of its board of directors
were criminals," Beth Tanis, an attorney for the accounting firm,
told jurors, the report said.  "They didn't rely on
Pricewaterhouse's audit report because they knew about the fraud
they were committing."

The case is Taylor, Bean & Whitaker Plan Trust v.
PricewaterhouseCoopers LLP, 13-033964, Eleventh Judicial Circuit
for Miami-Dade County, Florida (Miami).

                      About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small Ocala-
based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more than 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.
Taylor Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition.

Lee Farkas, the former chairman, was sentenced in June to 30 years
in federal prison after being convicted on 14 counts of conspiracy
and bank, wire and securities fraud in what prosecutors said was a
$3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.

Unsecured creditors were expected to receive 3.3% to 4.4% under a
Chapter 11 plan approved in July 2011.


TIAT CORPORATION: Disclosure Statement Hearing Set for Aug. 24
--------------------------------------------------------------
The Hon. Robert E. Nugent of the U.S. Bankruptcy Court for the
District of Kansas will hold on Aug. 24, 2016, at 10:30 a.m. the
hearing to consider approval of TIAT Corporation's disclosure
statement.

A Disclosure Statement and a Chapter 11 plan was filed on July 14,
2016.

As reported by the Troubled Company Reporter on Aug. 8, 2016, the
Debtor filed with the Court a Chapter 11 plan that 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.

                     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 April 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 totaling $6.46 million.


TOBIN'S RECOVERY: Disclosures OK'd; Plan Hearing Set for Sept. 1
----------------------------------------------------------------
The Hon. James M. Carr of the U.S. Bankruptcy Court for the
Southern District of Indiana has approved the disclosure statement
filed on June 8, 2016, relating to Tobin's Recovery Inc.'s Chapter
11 plan filed on June 9, 2016.

A hearing to consider confirmation of the plan and any objection or
modification to the plan will be held on Sept. 1, 2016, at 10:30
a.m. EDT.

As reported by the Troubled Company Reporter on June 30, 2016, the
Plan proposes to save the jobs of four independent contractors and
pay all administrative and secured claims in full with a 100%
distribution to non-priority general unsecured creditors.  The Plan
will be funded from the Debtor's cash on hand on the effective
date, estimated to be $7,000, and the Debtor's ongoing operations.

Tobin's Recovery, Inc., an Indiana corporation that provides
repossession services to financial institutions, and emergency
roadside assistance services, filed a Chapter 11 petition (Bankr.
S.D. Ind. Case No. 14-08265) on Sept. 4, 2014.


TOTAL COMM: Seeks Authorization to Use Cash Collateral
------------------------------------------------------
Total Comm Systems, Inc., asks the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania for authorization to use cash
collateral.

The Debtor is indebted to the following secured lenders:

     (1) J D Factors, LLC, in the amount of $3,317,014, which is
secured by the Debtor's accounts, general intangibles, chattel
paper, electronic chattel paper, instruments, and deposit accounts,
among others.

     (2) McGrath-Rentcorp and TRS-RenTelco, in the amount of
$22,778.38.

     (3) Happy Rock Merchant Solutions, in the amount of
$130,324.25, which is secured by a lien on the Debtor's operating
accounts, accounts receivables, credit and charge card receivables,
deposits, cash equivalents, and contracts, among others.

     (4) Knight Capital, LLC t/a Knight Capital Funding, in the
amount of $182,819.46, which is secured by a lien on any proceeds
of the sale of additional receivables to any third party.

     (5) High Speed Capital, LLC, in the amount of $116,200.

     (6) Global Funding Experts, LLC, in the amount of $49,811.69,
which is secured by the Debtor's fixtures, accounts, inventory,
accounts receivable, contract rights, general intangibles, and
their proceeds.

The Debtor tells the Court that it requires the use of its cash and
accounts to continue operations of its business.  

The Debtor's proposed Budget covers the period beginning with the
week ending August 5, 2016 and ending with the week ending
September 2, 2016.  The Budget provides for total expenses in the
amount of $674,100.

The Debtor proposes to provide adequate protection to  J D Factors,
LLC, and any other party asserting a lien on the Debtor's cash or
accounts, in the form of a replacement lien of the same extent,
priority and validity as existed pre-petition.

A full-text copy of the Debtor's Motion, dated Aug. 3, 2016, is
available at https://is.gd/hV41ue

A full-text copy of the Debtor's proposed Budget, dated Aug. 3,
2016, is available at https://is.gd/Qub76H

Total Comm Systems, Inc., is represented by:

        Thomas D. Bielli, Esq.
        David M. Klauder, Esq.
        Nella M. Bloom, Esq.
        Cory P. Stephenson, Esq.
        BIELLI & KLAUDER, LLC
        1500 Walnut Street, Suite 900
        Philadelphia, PA 19102
        Telephone: (215) 642-8271
        E-mail: tbielli@bk-legal.com
                dklauder@bk-legal.com
                nbloom@bk-legal.com
                cstephenson@bk-legal.com

               About Total Comm Systems, Inc.

Total Comm Systems, Inc. filed a chapter 11 petition (Bankr. E.D.
Pa. Case No. 16-15530) on August 3, 2016.  The Debtor is a provider
of engineering, construction, excavation, installation, and
maintenance services for the telecommunications industry.  The
Debtor is represented by Thomas D. Bielli, Esq., David M. Klauder,
Esq., Nella M. Bloom, Esq., and Cory P. Stephenson, Esq., at Bielli
& Klauder, LLC.


TRACK GROUP: Incurs $1.78 Million Net Loss in Third Quarter
-----------------------------------------------------------
Track Group, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common shareholders of $1.78 million on $6.75
million of total revenues for the three months ended June 30, 2016,
compared to a net loss attributable to common shareholders of $2.90
million on $5.44 million of total revenues for the three months
ended June 30, 2015.

For the nine months ended June 30, 2016, the Company reported a net
loss attributable to common shareholders of $5.83 million on $19.7
million of total revenues compared to a net loss attributable to
common shareholders of $3.73 million on $14.9 million of total
revenues for the nine months ended June 30, 2015.

As of June 30, 2016, Track Group had $51.6 million in total assets,
$41.5 million in total liabilities and $10.2 million in total
equity.

As of June 30, 2016, the Company had unrestricted cash of $2.01
million and a working capital surplus of $3.63 million, compared to
unrestricted cash of $4.90 million and a working capital surplus of
$7.40 million as of Sept. 30, 2015.  

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

                   https://is.gd/kXgDxG

                    About Track Group

Track Group (formerly SecureAlert) -- http://www.trackgrp.com/--
is a global provider of customizable tracking solutions that
leverage real-time tracking data, best-practice monitoring, and
analytics capabilities to create complete, end-to-end solutions.

Track Group reported a net loss attributable to common shareholders
of $5.66 million on $20.8 million of total revenues for the fiscal
year ended Sept. 30, 2015, compared with a net loss attributable to
common shareholders of $8.76 million on $12.26 million of total
revenues for the fiscal year ended Sept. 30, 2014.


TRAVELPORT WORLDWIDE: May Issue 8.9M Shares Under Incentive Plan
----------------------------------------------------------------
Travelport Worldwide Limited filed with the Securities and Exchange
Commission a Form S-8 registration statement to register 8,900,000
common shares of the Company issuable under the Amended and
Restated 2014 Omnibus Incentive Plan.  The proposed maximum
aggregate offering price is $115 million.  A full-text copy of the
prospectus is available at https://is.gd/sN5ZVq

                  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 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.

                        *     *     *

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.


TRINITY 83: Wants to Use Colfin's Cash Collateral
-------------------------------------------------
Trinity 83 Development, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Illinois for authorization to use cash
collateral.

The Debtor relates that its cash collateral consists of cash
proceeds from its rents, accounts receivable and other cash
equivalents in which Colfin Midwest Funding LLC asserts an
interest.

The Debtor contends that Colfin has an alleged mortgage and
assignment of rents on the Debtor's real property commonly known as
19100 S. Crescent Drive, Mokena, IL.  The Debtor further contends
that the mortgage and assignment of rents allegedly created a
security interest in the Debtor's real property as well as the
Debtor's cash and non-cash collateral.

The Debtor wants to use Colfin's cash collateral, as well as
equipment and other non-cash collateral in which Colfin also
asserts an interest.  

The Debtor's proposed monthly budget provides for total expenses in
the amount of $5,638.

The Debtor tells the Court that it is critical for the Debtor to
use the cash and non-cash collateral to sustain sufficient working
capital to:

   (i) finance its ongoing post-petition operations until it
confirms a plan or reorganization or consummates a sale of its
assets; and

   (ii) conduct its operations.

The Debtor proposes to grant Colfin replacement liens to the same
extent that may have existed prior to the Petition Date.  The
Debtor also proposes to make monthly adequate protection payments
to Colfin in the amount of $13,003.

A full-text copy of the Debtor's Motion, dated Aug. 3, 2016, is
available at https://is.gd/UaPwhZ

A full-text copy of the Debtor's proposed Budget, dated Aug. 3,
2016, is available at https://is.gd/BKpHbS

               About Trinity 83 Development LLC.

Trinity 83 Development LLC filed a chapter 11 petition (Bankr. N.S.
Ill. Case No. 16-24652) on Aug. 1, 2016.  The petition was signed
by Donald L. Santacarina, member.  The Debtor is represented by
Gina B. Krol, Esq., at Cohen & Krol.  The case is assigned to Judge
Deborah L. Thorne.  The Debtor disclosed total assets at $2.41
million and total debts at $2.13 million at the time of the filing.


TXU CORP: 2014 Bank Debt Trades at 67% Off
------------------------------------------
Participations in a syndicated loan under TXU Corp is a borrower
traded in the secondary market at 32.81 cents-on-the-dollar during
the week ended Friday, July 29, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents a decrease  of
1.13 percentage points from the previous week.  TXU Corp pays 350
basis points above LIBOR to borrow under the $3.45 billion
facility. The bank loan matures on Oct. 10, 2014 and carries
Moody's WR rating and Standard & Poor's NR rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 29.


TXU CORP: 2017 Bank Debt Trades at 67% Off
------------------------------------------
Participations in a syndicated loan under TXU Corp is a borrower
traded in the secondary market at 33.25 cents-on-the-dollar during
the week ended Friday, July 29, 2016, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents a decrease of
1.90 percentage points from the previous week.  TXU Corp pays 450
basis points above LIBOR to borrow under the $15.367 billion
facility. The bank loan matures on Oct. 10, 2017 and carries
Moody's WR rating and Standard & Poor's NR rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended July 29.


U.S. STEEL: Comments on Essar-Led Consortium Communication
----------------------------------------------------------
U. S. Steel Canada Inc. became aware on Aug. 9, 2016, of an
unsolicited, purported offer for U. S. Steel Canada by Ontario
Steel Investments Limited, a consortium led by Essar Global Fund
Limited ("Essar").

Earlier this summer, Essar was eliminated from the Company's Sale
and Investment Solicitation Process ("SISP"), following the receipt
of a proposal and detailed discussions between Essar, the Company
and other stakeholders, including the Province of Ontario.  The
Unions and representatives for both active and retired employees
and Essar were made aware of the reasons for Essar's elimination
from the process at that time.  The Company is not considering any
further proposals from Essar.

Among other reasons, Essar was eliminated from the SISP due to
its:

  -- Failure to provide satisfactory evidence of its financial
ability to own and operate the
Company – As part of the SISP, Essar was asked to provide
evidence of its ability to meet financial obligations associated
with its bid and failed to satisfy the Company and the Monitor of
its ability to do so.  In addition, among other things, other
affiliated entities of Essar continue to experience difficulties.
On March 31, 2016, the second largest credit rating agency in
India, gave Essar Steel India Ltd. a rating assigned to instruments
in default or expected to be in default soon.  Essar's Canadian
steel asset, Essar Steel Algoma, is currently under a
court-supervised restructuring and Essar was eliminated from the
sales process in that restructuring.  Essar Steel Minnesota failed
to satisfy certain requirements of the State of Minnesota and filed
for Chapter 11 bankruptcy protection on July 8, 2016.

   -- Inability to gain the support of all stakeholders – Essar
requested certain relief and accommodations from the Province of
Ontario.  The Province conveyed to U. S. Steel Canada and Essar
that it was not prepared to accommodate Essar's requests or to
participate in further negotiations with Essar.

The Aug. 9 communication from Essar's consortium includes terms
that are substantially similar to what was previously rejected by
the Company and the Province.  U. S. Steel Canada will avoid any
distraction that could be detrimental to the Company, its employees
and pensioners, at a time when the restructuring process is
progressing, and negotiations with the current bidders continue.
U.S. Steel Canada will provide further updates as developments
warrant.

                   About U.S. Steel Canada, Inc.

U.S. Steel Canada's operations are located at Lake Erie Works, a
fully integrated steelmaking facility, and at Hamilton Works, home
to cokemaking and finishing operations including its
zinc-coating facility, Z-Line.  U.S. Steel Canada has the
capability of producing approximately 2.6 million tons of steel
annually and employs approximately 2,000 people.

U.S. Steel Canada commenced court-supervised restructuring
proceedings under the Companies' Creditors Arrangement Act, R.S.C.
1985, c. C-36, before the Ontario Superior Court of Justice
(Commercial List) on Sept. 16, 2014.  Ernst & Young Inc. has been
appointed by the CCAA court as monitor pursuant to an Initial CCAA
Order.


UCI INTERNATIONAL: Taps Ernst & Young as Tax Advisor
----------------------------------------------------
UCI International, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Ernst &
Young LLP as tax advisors to the Debtors.

UCI International requires Ernst & Young to:

A. Bankruptcy Tax Services

   -- advise the Debtors' personnel in developing an
      understanding of the tax issues and options related to the
      Debtors' chapter 11 filing, taking into account the
      Debtors' specific facts and circumstances, for US federal
      and state & local tax purposes;

   -- advise on the federal, state and local income tax
      consequences of proposed plans of reorganization,
      including, if necessary, assisting in the preparation of
      IRS ruling requests regarding the tax consequences of
      alternative reorganization structures and tax opinions;

   -- understand and advise on the tax implication of
      reorganization and/or restructuring alternatives the
      Debtors are evaluating with existing bondholders and other
      creditors that may result in a change in the equity,
      capitalization and/or ownership of the shares of the
      Debtors and their assets;

   -- gather information, prepare calculations ("Section 382
      Calculations") and apply the appropriate federal and state
      & local tax law to historic information regarding changes
      in the ownership of the Debtors' stock to calculate whether
      any of the shifts in stock ownership may have caused an
      ownership change that will restrict the use of tax
      attributes (such as net operating loss, capital loss,
      credit carry forwards, and built in losses) and the amount
      of any such limitation;

   -- prepare calculations and apply the appropriate federal and
      state & local tax law to determine the amount of tax
      attribute reduction related to debt cancellation income and
      modeling of tax consequences of such reduction;

   -- provide training, education and insight surrounding ASC 740
      and Fresh Start accounting;

   -- update the draft tax basis balance sheets and draft
      computations of stock basis as of certain relevant dates
      for purposes of analyzing the tax consequences of
      alternative reorganization structures;

   -- analyze federal, state and local tax treatment of the costs
      and fees incurred by the Debtors in connection with the
      bankruptcy proceedings, including tax return disclosure and
      presentation;

   -- analyze federal and state and local tax treatment of
      interest and financing costs related to debt subject to
      automatic stay, and new debt incurred as the Debtors emerge
      from bankruptcy, including tax return disclosure and
      presentation;

   -- provide tax advisory services regarding tax aspects of the
      bankruptcy process;

   -- analyze federal, state and local tax consequences of
      restructuring and rationalization of inter-company
      accounts, and upon written request, we will analyze impacts
      of transfer pricing and related cash management;

   -- analyze federal, state and local tax consequences of
      restructuring in the U.S. or internationally during
      bankruptcy, including tax return disclosure and
      presentation;

   -- analyze federal, state and local tax consequences of
      potential bad debt and worthless stock deductions,
      including tax return disclosure and presentation;

   -- upon written request, analyze federal, state and
      local tax consequences of employee benefit plans;

   -- upon written request, assist with various tax, compliance
      and audit issues arising in the ordinary course of business
      while in bankruptcy, including but not limited to: IRS
      and/or state and local tax examinations, sales and use tax
      issues, state & local income/franchise tax issues, property
      tax issues, employment tax issues and unclaimed property
      issues;

   -- advise and/or assist, as requested and as permissible, with
      determining the validity and amount of bankruptcy tax
      claims or assessments, including but not limited to the
      following types of taxes; income taxes, franchise taxes,
      sales taxes, use taxes, employment taxes, property taxes,
      severance taxes, excise taxes, unclaimed property and other
      miscellaneous taxes or regulatory assessments and fees;

   -- upon written request, assist and advise on securing tax
      refunds, including but not limited to the following types
      of taxes; income taxes, franchise taxes, sales taxes,
      use taxes, employment taxes and property taxes.

   -- upon written request, provide documentation, as appropriate
      or necessary, of tax matters, of tax analysis, opinions,
      recommendations, conclusions and correspondence for any
      proposed restructuring alternative, bankruptcy tax issue,
      or other tax matter described.

   The Debtors will be responsible for all accounting and
   management decisions.

B. Routine On-Call Tax Advice

   -- provide routine tax advice and assistance concerning issues
      as requested by the Debtors when such projects are not
      covered by a separate statement of work and do not involve
      any significant tax planning or projects. This statement of
      work is intended to be used for engagements to respond to
      general tax questions and assignments that are expected, at
      the beginning of the project, to involve total professional
      time not to exceed (with respect to the specific project)
      $25,000 in professional fees at the standard hourly rates
      for the professionals involved.

Ernst & Young will be paid at these hourly rates:

                                               Rate Per Hour
   Title                                     Local       National

   Partner/Principal/Executive Director       $890         $950
   Senior Manager                             $750         $850
   Manager                                    $640         $730
   Senior                                     $460         $520
   Staff                                      $260         $300

Ernst & Young will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Gregory H. Greenwood, partner of Ernst & Young LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Ernst & Young can be reached at:

     Gregory H. Greenwood
     ERNST & YOUNG LLP
     400 West Market St., Suite 2400
     Louisville, KY 40202
     Tel: (502) 585-1400

                     About UCI International

UCI International, LLC, headquartered in Lake Forest, IL, designs,
manufactures, and distributes vehicle replacement parts, including
a broad range of filtration, fuel delivery systems, and cooling
systems products in the automotive, trucking, marine, mining,
construction, agricultural, and industrial vehicles markets.

UCI and its affiliates sought Chapter 11 protection (Bankr. D. Del.
Lead Case No. 16-11355) on June 1, 2016. The Debtors are
represented by lawyers at Sidley Austin LLP.  Alvarez & Marsal
provides the company with financial advice and Moelis & Company LLC
is the Debtors' investment banker. Garden City Group serves as the
Debtors' Claims Agent. Wilmington Trust is the Indenture Trustee
for a $400-million issue of 8.625% Senior Notes Due 2019.

The United States Trustee appointed an Official Committee of
Unsecured Creditors, which has retained Morrison & Foerster LLP as
proposed counsel, and Cole Schotz PC as Delaware co-counsel. Zolfo
Cooper LLC has been retained as bankruptcy consultant and financial
advisor for the Committee.


VALEANT PHARMACEUTICAL: Amendment No Impact on Moody's B2 CFR
-------------------------------------------------------------
Moody's Investors Service commented that a proposed amendment to
Valeant Pharmaceutical International Inc.'s credit agreement will
improve its liquidity position due to increased cushion under
financial maintenance covenants. There is no impact on Valeant's
ratings including the B2 Corporate Family Rating or the negative
rating outlook.

Headquartered in Laval, Quebec, Valeant Pharmaceuticals
International, Inc. is a global specialty pharmaceutical company
with expertise including branded dermatology, gastrointestinal
disorders, eye health, neurology, branded generics and OTC
products. Valeant reported approximately $10.3 billion in total
revenue for the 12 months ended June 30, 2016.


VALEANT PHARMACEUTICALS: Incurs $302-Mil. Net Loss in 2nd Quarter
-----------------------------------------------------------------
Valeant Pharmaceuticals International, Inc., filed with the
Securities and Exchange Commission its quarterly report on Form
10-Q disclosing a net loss attributable to the Company of $302
million on $2.42 billion of revenues for the three months ended
June 30, 2016, compared to a net loss attributable to the Company
of $53 million on $2.73 billion of revenues 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 $676 million on $4.79 billion
of revenues compared to net income attributable to the Company of
$44.7 million on $4.90 billion of revenues for the same period last
year.

As of June 30, 2016, Valeant had $47.7 billion in total assets,
$42.3 billion in total liabilities and $5.40 billion in total
equity.

"We continue to make progress towards stabilizing the
organization," said Joseph C. Papa, chairman and chief executive
officer.  We are also announcing a new strategic direction for
Valeant today, which, at its heart has a mission to improve
patients' lives, and will involve reorganizing our company and
reporting segments.  I am continuously encouraged by the commitment
of our employees who work hard daily, rebuilding our relationships
with prescribers, patients and payors, and regaining the trust of
our debt holders and shareholders.  Although it will take time to
implement and execute our turnaround plan, I am confident that we
will show progress in the coming quarters."

The Company is reconfirming its full year 2016 guidance.  Total
revenue is expected to be in the range of $9.9 - $10.1 billion.
Adjusted EPS (non-GAAP) is expected to be in the range of $6.60 -
$7.00. Adjusted EBITDA (non-GAAP) is expected to be in the range of
$4.80 - $4.95 billion.

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

                    https://is.gd/QHLvEJ

                        About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE/TSX:VRX) --
http://www.valeant.com/-- is a multinational specialty          
pharmaceutical company that develops, manufactures and markets a
broad range of pharmaceutical products primarily in the areas of
dermatology, gastrointestinal disorder, eye health, neurology and
branded generics.

Valeant reported a net loss attributable to the Company of $291.7
million on $10.44 billion of revenues for the year ended Dec. 31,
2015, compared to net income attributable to the Company of $880.7
million on $8.20 billion of revenues for the year ended Dec. 31,
2014.

                         *     *     *

Valeant carries a 'B2' Corporate Family Rating from Moody's
Investors Service.

As reported by the TCR on April 19, 2016, Standard & Poor's
Ratings Services said that it has lowered its corporate credit
ratings on Valeant Pharmaceuticals International Inc. to 'B' from
'B+' and placed both the corporate credit rating and the
issue-level ratings on CreditWatch with developing implications.


VYCOR MEDICAL: Fountainhead Owns 69.68% of Series D Shares
----------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Fountainhead Capital Management Limited disclosed that
as of Aug. 5, 2016, it beneficially owned 188,363 shares of 7%
Series D Convertbile Redeemable Preferred Stock, par value $0.0001,
of Vycor Medical representing 69.68 percent of the shares
outstanding.

On Aug. 5, 2016, Fountainhead Capital Management Limited received
an additional 6,369 shares of Series D as a dividend on its prior
holdings of Series D.  Fountainhead has previously reported
ownership of 6,464,484 shares of Company Common Stock par value
$0.0001, comprising ownership of 4,449,997 Common Shares and
Warrants to purchase an aggregate of 2,047,821 Common Shares and
181,994 shares of Series D.

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

                      https://is.gd/vitbgT

                      About Vycor Medical

Boca Raton, Fla.-based Vycor Medical, Inc. (OTC BB: VYCO)
-- http://www.VycorMedical.com/-- is a medical device company
committed to making neurological brain, spinal and other surgical
procedures safer and more effective.  The Company's flagship,
Patent Pending ViewSite(TM) Surgical Access Systems represent an
exciting new minimally invasive access and retraction system that
holds the potential for speedier, safer and more economical brain,
spinal and other surgeries and a quicker patient discharge.
Vycor's innovative medical instruments are designed to optimize
neurosurgical site access, reduce patient risk, accelerate
recovery, and add tangible value to the professional medical
community.

Vycor Medical reported a net loss available to common shareholders
of $2.25 million on $1.13 million of revenue for the year ended
Dec. 31, 2015, compared to a net loss available to common
shareholders of $4.04 million on $1.25 million of revenue for the
year ended Dec. 31, 2014.

As of June 30, 2016, Vycor had $1.68 million in total assets, $1.02
million in total liabilities and $657,827 in total stockholders'
equity.

The Company's auditors Paritz & Company, P.A., in Hackensack, New
Jersey, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015.


VYCOR MEDICAL: Incurs $305,000 Net Loss in Second Quarter
---------------------------------------------------------
Vycor Medical, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $305,363 on $379,406 of revenue for the three months ended June
30, 2016, compared to a net loss of $420,267 on $286,018 of revenue
for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $832,923 on $779,492 of revenue compared to a net loss of
$1.14 million on $614,570 of revenue for the same period last
year.

As of June 30, 2016, Vycor had $1.68 million in total assets, $1.02
million in total liabilities and $657,827 in total stockholders'
equity.

"Vycor's results for the second quarter of 2016 continue to
demonstrate the realization of Vycor's strategy to grow our two
businesses while maintaining our low cost base, with the objective
of continuing to decrease our Cash Burn, which reduced from
$197,000 for the first quarter of 2016 to $132,000 for the second
quarter of 2016, as compared to $321,000 in the second quarter of
2015," said Peter Zachariou, CEO of Vycor Medical.

"The Vycor division's sales growth of 51% in the second quarter and
42% for the year to date demonstrates the benefit of the clinical
data flowing through to increased adoption, delivered by a
marketing and distribution network which we continue to
strengthen.

"With the company's limited resources we are focusing NovaVision on
direct-to-patient website and social media marketing.  It takes an
average of 10 weeks from contact to signing up a patient, and
revenues are recognized over the six-month therapy period, so the
revenue benefits of the new model take time to build.  The increase
in new patient starts of 64% in the US and 41% in Europe in the
second quarter over 2015 is lower than had been anticipated and as
result NovaVision continues to account for a large portion of the
Company's cash burn."

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

                     https://is.gd/gdL9If

                       About Vycor Medical

Boca Raton, Fla.-based Vycor Medical, Inc. (OTC BB: VYCO)
-- http://www.VycorMedical.com/-- is a medical device company
committed to making neurological brain, spinal and other surgical
procedures safer and more effective.  The Company's flagship,
Patent Pending ViewSite(TM) Surgical Access Systems represent an
exciting new minimally invasive access and retraction system that
holds the potential for speedier, safer and more economical brain,
spinal and other surgeries and a quicker patient discharge.
Vycor's innovative medical instruments are designed to optimize
neurosurgical site access, reduce patient risk, accelerate
recovery, and add tangible value to the professional medical
community.

Vycor Medical reported a net loss available to common shareholders
of $2.25 million on $1.13 million of revenue for the year ended
Dec. 31, 2015, compared to a net loss available to common
shareholders of $4.04 million on $1.25 million of revenue for the
year ended Dec. 31, 2014.

The Company's auditors Paritz & Company, P.A., in Hackensack, New
Jersey, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015.


VYCOR MEDICAL: Peter C. Zachariou Holds 25.7% of Series D Shares
----------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Peter C. Zachariou disclosed that as of Aug. 5, 2016,
he beneficially owned 69,487 shares of 7% Series D Convertible
Redeemable Preferred Stock Par Value $0.0001 of Vycor Medical
representing 25.7 percent of the shares outstanding.  The Reporting
Person received 2,349 shares of Company 7% Series D Convertible
Redeemable Preferred Stock par value $0.0001 as a result of a stock
dividend on the shares of Company Series D held by it.  A full-text
copy of the regulatory filing is avaialble for free at
https://is.gd/JLZGpC

                      About Vycor Medical

Boca Raton, Fla.-based Vycor Medical, Inc. (OTC BB: VYCO)
-- http://www.VycorMedical.com/-- is a medical device company
committed to making neurological brain, spinal and other surgical
procedures safer and more effective.  The Company's flagship,
Patent Pending ViewSite(TM) Surgical Access Systems represent an
exciting new minimally invasive access and retraction system that
holds the potential for speedier, safer and more economical brain,
spinal and other surgeries and a quicker patient discharge.
Vycor's innovative medical instruments are designed to optimize
neurosurgical site access, reduce patient risk, accelerate
recovery, and add tangible value to the professional medical
community.

Vycor Medical reported a net loss available to common shareholders
of $2.25 million on $1.13 million of revenue for the year ended
Dec. 31, 2015, compared to a net loss available to common
shareholders of $4.04 million on $1.25 million of revenue for the
year ended Dec. 31, 2014.

As of June 30, 2016, Vycor had $1.68 million in total assets, $1.02
million in total liabilities and $657,827 in total stockholders'
equity.

The Company's auditors Paritz & Company, P.A., in Hackensack, New
Jersey, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015.


WAFERGEN BIO-SYSTEMS: Reports Results for Second Quarter 2016
-------------------------------------------------------------
WaferGen Bio-systems reported a net loss of $4.88 million on $2.51
million of total revenue for the three months ended June 30, 2016,
compared to a net loss of $3.82 million on $1.61 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 $9.29 million on $4.44 million of total revenue compared to
a net loss of $8.62 million on $2.75 million of total revenue for
the six months ended June 30, 2015.

As of June 30, 2016, the Company had $15.03 million in total
assets, $7.92 million in total liabilities and $7.11 million in
total stockholders' equity.

"The second quarter set another new record for WaferGen," said
Rollie Carlson, Ph.D., president and chief executive officer of
WaferGen.  "Our revenue of $2.5 million surpassing the $2.4 million
we achieved in the fourth quarter of 2015.  We have placed eight
ICELL8 Single-Cell Systems since our initial launch in October of
2015, and are pleased with our sales outlook.  Based on the
feedback we are receiving from potential customers, leading
biopharmaceutical companies and academic institutions, the demand
for our ICELL8 Single-Cell System remains strong, although the
sales cycle is longer than we originally envisaged.  Based on all
of this, as well as the continued strong performance from our base
business, we are revising our full-year 2016 revenues from $12
million to $13 million to now be in the range of $10 million to $12
million."

At June 30, 2016, WaferGen had cash and cash equivalents of
approximately $7.4 million.

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

                       https://is.gd/PLzPGZ

                    About WaferGen Bio-systems

Fremont, California-based WaferGen Bio-systems, Inc., engages in
the development of systems for gene expression quantification,
genotyping and stem cell research.  Since 2008, the Company's
primary focus has been on the development, manufacture and
marketing of its SmartChip System, a genetic analysis platform
used for profiling and validating molecular biomarkers in the life
sciences and pharmaceutical drug discovery industries.

WaferGen reported a net loss attributable to common stockholders of
$19.99 million on $7.16 million of total revenue for the year ended
Dec. 31, 2015, compared to a net loss attributable to common
stockholders of $10.7 million on $6 million of total revenue for
the year ended Dec. 31, 2014.


WALL STREET SYSTEMS: Moody's Assigns B2 Corp. Family Rating
-----------------------------------------------------------
Moody's Investors Service assigned new debt ratings for Wall Street
Systems Delaware, Inc. ("WSS") with a Corporate Family Rating
("CFR") of B2 and a Probability of Default Rating ("PDR") of B2-PD.
Additionally, Moody's assigned a B2 to WSS' senior secured first
lien credit facilities which the company has proposed to upsize
with a concurrent extension of maturities. The ratings outlook is
negative.

The rating action follows WSS' announcement of plans to amend its
credit facilities, raising incremental first lien debt of
approximately $165 million to fund a dividend to shareholders and
the proposed acquisition of a small software provider. In addition
to the increase of the company's term loan to $500 million, WSS'
undrawn revolver is expected to be enlarged to $30 million. The
negative outlook reflects weakened credit protection measures
resulting from WSS' resumption of more aggressive financial
policies, recent softness in the company's operating trends, and
the potential for further pursuit of acquisitions or shareholder
enhancement initiatives going forward.

Moody's assigned the following ratings:

   -- Corporate Family Rating -- B2

   -- Probability of Default Rating -- B2-PD

   -- Senior Secured Revolving Credit Facility expiring 2021, B2
      (LGD3)

   -- Senior Secured First Lien Term Loan due 2023, B2 (LGD3)

   -- Outlook is Negative

RATINGS RATIONALE

The B2 CFR reflects WSS' high pro forma debt leverage of
approximately 5.3x trailing 12 month adjusted EBITDA as well as the
company's relatively small scale as a niche provider of software
and services for foreign exchange processing as well as treasury
and risk management applications. The company's credit profile is
also negatively impacted by recent weakness in WSS' business
performance as sales have contracted meaningfully over the past two
years and Moody's believes that the software provider's organic
revenue growth prospects will be modest over the intermediate term
due to the maturity of its target markets. The company's efforts to
bolster growth by pursuing additional acquisitions could constrain
deleveraging efforts. However, these risks are partially mitigated
by WSS' solid market position with its niche serving over 750 of
the world's largest corporations, financial institutions, and
central banks. Additionally, the company's subscription-based sales
model provides a degree of top-line visibility given a significant
proportion of recurring revenue and minimal client attrition,
supporting WSS' healthy free cash flow production.

WSS' good liquidity position is supported by $38 million in pro
forma cash on the company's balance sheet and Moody's expectation
that WSS' will generate free cash flow exceeding 12% of debt on an
annual basis over the intermediate term. The company's liquidity is
also bolstered by an undrawn $30 million revolving credit facility.
While the company's term loans are not subject to financial
covenants, the revolving credit facility has a springing covenant
which is not expected to be in effect over the next 12-18 months.

The negative outlook reflects Moody's expectation that WSS will be
challenged to resume organic growth over the next 12-18 months,
with particular weakness stemming from the company's suite of
products targeting the foreign exchange processing market. Based on
these growth prospects, Moody's does not expect meaningful declines
in debt/EBITDA during this period while the company's efforts to
expand by pursuing additional acquisitions could constrain
deleveraging efforts.

What Could Change the Rating -- Up

The ratings could be upgraded if WSS is able to generate moderate
organic revenue while the company uses free cash flow to reduce
debt/EBITDA (Moody's adjusted) below 4x and refrains from equity
distributions.

What Could Change the Rating -- Down

The ratings could be downgraded if WSS experiences a meaningful
contraction in sales and FCF generation while debt/EBITDA (Moody's
adjusted) is sustained above 5.5x.

The principal methodology used in these ratings was Software
Industry published in December 2015.

WSS is a provider of treasury management, central banking, and
foreign exchange processing software and services and is owned by
ION Investment Group ("ION").


WANK ADAMS: Hires Lewis Brisbois as Special Litigation Counsel
--------------------------------------------------------------
Wank Adams Slavin Associates LLP, seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Lewis Brisbois Bisgaard & Smith LLP as special litigation counsel
to the Debtor, nunc pro tunc to March 1, 2016.

On May 7, 2015, prior to the Petition Date, XIN Development
Management East, LLC, commenced an arbitration proceeding against
the Debtor by filing a demand for arbitration with the American
Arbitration Association (Case No. 01-15-0003-4678).  In the
Arbitration, XIN asserted a $10 million claim for professional
malpractice against the Debtor in connection with architectural and
engineering services rendered by the Debtor pursuant to the
Standard Form of Agreement between XIN, as Owner, and the Debtor,
as Architect, dated February 2013, for the development of a
residential condominium building located at 421 Kent Avenue,
Brooklyn, NY.

Shortly thereafter, the Debtor filed a response in the Arbitration
in which it asserted counterclaims against XIN for breach of
contract, tortious interference with contract, and misappropriation
and conversion of proprietary information.  The Debtor is seeking
damages of approximately $8.56 million, which include the
approximately $1.58 million due from XIN for services rendered.

Wank Adams requires Lewis Brisbois to prosecute the counterclaims
at the XIN Arbitration, and to represent the Debtor in the defense
of the malpractice claim.

Lewis Brisbois will be paid at these hourly rates:

     Partners                 $240
     Associates               $190
     Paralegals               $95
     Law Clerks               $110

Harry Spring, the Debtor's sole remaining partner, has agreed to
pay Lewis Brisbois a $15,000 retainer and to be personally
responsible for payment of Lewis Brisbois's fees and expenses,
including the payment of experts, if any.

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

To the best of the Debtor's 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.

Lewis Brisbois can be reached at:

     David M. Pollack, Esq.
     LEWIS BRISBOIS BISGAARD & SMITH LLP
     77 Water Street, suite 2100
     New York, NY 10005
     Tel: (212) 232-1300
     Fax: (212) 232-1399
     E-mail: DAVID.POLLACK@LEWISBRISBOIS.COM

                       About Wank Adams

Wank Adams Slavin Associates LLP filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 15-11952) on July 27, 2015. The petition
was signed by Harry Spring, senior managing partner.

The Debtor is represented by Nancy L. Kourland, Esq., at Rosen &
Associates, P.C.


WAVE SYSTEMS: Hires Baker & Hostetler as Corporate Counsel
----------------------------------------------------------
Wave Systems Corp., seeks authority from the U.S. Bankruptcy Court
for the District of Delaware to employ Baker & Hostetler LLP as
corporate and securities counsel to the Debtor, nunc pro tunc to
June 21, 2016.

Wave Systems requires Baker & Hostetler to:

   (a) assist the Chapter 11 Trustee with all securities law
       issues that may arise in the context of the Chapter 11
       Trustee's duties;

   (b) assist the Chapter 11 Trustee in administering this
       chapter 11 case;

   (c) prepare on behalf of the Debtor's estate all necessary
       motions, applications, answers, orders, reports, and
       papers in connection with the administration and
       reorganization in respect of securities law matters; and

   (d) perform all other necessary legal services in respect of
       above in connection with this chapter 11 case.

Baker & Hostetler will be paid at these hourly rates:

     Donald A. Workman, Attorney         $895
     William J. Conti, Attorney          $895
     Janis M. Penman, Attorney           $700

Baker & Hostetler will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Donald A. Workman, partner of the law firm Baker & Hostetler LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Baker & Hostetler can be reached at:

     Donald A. Workman, Esq.
     BAKER & HOSTETLER LLP
     1050 Connecticut Avenue, N.W., Suite 110
     Washington, DC 20036
     Tel: (202) 861-1500
     Fax: (202) 861-1783

                        About Wave Systems

Lee, Massachusetts-based Wave Systems Corp. (NASDAQ: WAVX)
--http://www.wave.com/--develops, produces and markets products
for hardware-based digital security, including security
applications and services that are complementary to and work with
the specifications of the Trusted Computing Group, an industry
standards organization comprised of computer and device
manufacturers, software vendors and other computing products
manufacturers.

Wave Systems filed a Chapter 7 bankruptcy petition (Bankr. D. Del.
Case No. 16-10284) on Feb. 1, 2016.  On May 16, 2016, the case was
converted to a Chapter 11 proceeding.  The case is assigned to
Judge Kevin J. Carey.

David W. Carickhoff, was appointed as Chapter 11 trustee. Mr.
Carickhoff tapped Archer & Greiner P.C. as counsel. The Trustee
also tapped Miller & Company, LLC as accountants and financial
advisors, and UpShot Services LLC as the claims agent and
administrative agent.


WHITING PETROLEUM: To Swap Senior Notes for Common Shares
---------------------------------------------------------
Whiting Petroleum Corporation entered into separate privately
negotiated exchange agreements under which it will exchange, in
private placements in reliance on Section 4(a)(2) of the Securities
Act of 1933, as amended, (i) $12.866 million aggregate principal
amount of its 6.5% Mandatory Convertible Senior Subordinated Notes
due 2018, which were convertible into 1.470 million shares of the
Company's common stock, for 1.656 million shares of Common Stock
and (ii) $25.430 million aggregate principal amount of its 5.0%
Mandatory Convertible Senior Notes due 2019, which were convertible
into 2.893 million shares of Common Stock, for 3.259 million shares
of Common Stock.

The Company expects that the exchange transactions will close on
Aug. 12, 2016, subject to customary closing conditions.

                   About Whiting Petroleum

Whiting Petroleum Corporation is an independent oil and gas
company engaged in development, production, acquisition and
exploration activities primarily in the Rocky Mountains and Permian
Basin regions of the United States.

Whiting Petroleum reported a net loss available to common
shareholders of $2.21 billion on $2.05 billion of total revenues
and other income for the year ended Dec. 31, 2015, compared to net
income available to common shareholders of $64.80 million on $3.08
billion of total revenues and other income for the year ended
Dec. 31, 2014.


WILLARD BLANKENSHIP: Kletchko, Unsecured Claims to Get $286,000
---------------------------------------------------------------
Willard J. Blankenship filed with the U.S. Bankruptcy Court for the
Eastern District of California a redlined copy of the Disclosure
Statement to his First Amended Plan of Reorganization.

The revised Disclosure Statement provides that:

     -- the amount of other administrative expenses is $821.73,
instead of $6,151.613;

    -- for the Class 2 Michael Kletchko and Patrick Ruedin Claims,
and Class 3 General Unsecured Claims, $168,635 will be distributed
in October
2017, while $117,500 will be distributed upon the sale of the
Spencer Indiana farm and Apnea Associates stock, no later than
October 2017.

As reported by the Troubled Company Reporter on Aug. 9, 2016, the
Debtor filed with the Court its latest disclosure statement
detailing his proposed Chapter 11 plan of reorganization.  Under
the plan, general unsecured creditors in Class 3 will receive a
dividend of approximately 34.6% of their claims.

The Debtor will retain the property of the estate and obtain a
reverse mortgage which will provide proceeds at least equal to what
creditors would receive in a hypothetical Chapter 7 case.  The
distribution to Classes 2 and 3 will be in three steps:

     1. When the reverse mortgage is funded which is estimated to
be June 2016 the Debtor will distribute funds which are immediately
available.  These funds are estimated to be in the approximate
amount of $132,567.  These funds will be distributed exclusively to
Kletchko and Ruedin less priority claims.  

     2. Twelve months later when the line of credit secured by the
reverse mortgage is available a distribution in the amount of
$168,635, and

     3. Finally when the Apnea Analysis stock which is estimated to
be worth $5,000 and the Spencer Indiana farm is sold which is
projected to net $112,500, to be realized no later than the second
distribution.  

The Court will retain jurisdiction for approval of a sale of the
Spencer Indiana farm and Apnea Associates stock, to be realized no
later than the second distribution

A copy of the redlined Disclosure Statement is available at:

          http://bankrupt.com/misc/caeb15-28108-126.pdf

                    About Willard Blankenship

Willard J. Blankenship filed a Chapter 11 petition (Bankr. E.D.
Cal. Case No. 15-28108) on October 17, 2015, and is represented
by:

          Stephen M. Reynolds, Esq.
          Reynolds Law Corporation
          424 Second Street, Ste. A
          Davis, CA 95616
          Tel: 530 297 5030
          Fax: 530 297 5077
          E-mail: sreynolds@lr-law.net


WINDMILL RUN: Hires Holthouse Carlin as Tax Advisor
---------------------------------------------------
Windmill Run Associates, Ltd., seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Holthouse Carlin & Van Trigt LLP as tax advisor to the Debtor.

Windmill Run requires Holthouse Carlin to:

     a. prepare the federal income tax returns; and

     b. prepare the state income tax returns.

Holthouse Carlin will be paid at these hourly rates:

     Staff                    $150-$190
     Senior                   $200-$250
     Manager                  $260-$320
     Senior Manager           $330-$370
     Principal                $380-$440
     Partner                  $450-$680

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

Jonathan Siao, principal of Holthouse Carlin & Van Trigt LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Holthouse Carlin can be reached at:

     Jonathan Siao
     HOLTHOUSE CARLIN & VAN TRIGT LLP
     15760 Ventura Blvd., Suite 1700
     Encino, CA 91436
     Tel: (818) 849-3145

                      About Windmill Run

Windmill Run Associates, Ltd., based in Sweeny, TX, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 15-80319) on August 29,
2015. The Hon. Letitia Z. Paul presides over the case. Edward L
Rothberg, Esq., at Hoover Slovacek, LLP, serves 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 Frank Fonseca, president, operating G.P., Windmill
Run Development, Inc.


WSB & ASSOCIATES: Unsecured Creditors to Recoup 1% of Claims
------------------------------------------------------------
WSB & Associates, Inc., filed with the U.S. Bankruptcy Court for
the Northern District of California a combined plan of
reorganization and disclosure statement dated July 25, 2016.

Under the Plan, general unsecured creditors will get a pro-rata
portion of 1% of their allowed claims in lump sum payment.

General Unsecured Creditors (Small Claims) in Class 2(a) includes
any creditor whose allowed claim is $60,000 or less.  Each creditor
will receive on the Effective Date of the Plan a single payment
equal to 1% of its allowed claim.  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.  Claimants in this class
are impaired and are entitled to vote on confirmation of the Plan,
unless their claims are paid in full with interest on the Effective
Date of the Plan.

Other General Unsecured Claims in Class 2(b) -- not treated as
small claims and including allowed claims of creditors whose
executory contracts or unexpired leases are being rejected under
the Plan -- will receive 1% of their allowed claim in 60 equal
monthly installments, due on the 25th day of the month, starting
Oct. 25, 2016.

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 Disclosure Statement is available at:

           http://bankrupt.com/misc/canb15-43859-30.pdf

The Plan was filed by the Debtor's counsel:

     Eduardo A. Gonzalez, Esq.,
     Law Offices of Robert Goldstein
     100 Bush Street No. 501
     San Francisco, CA 94104
     Tel: (415) 391-8700

WSB & Associates, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Calif. Case No. 15-43859).  Eduardo A. Gonzalez, Esq.,
at the Law Offices of Robert Goldstein serves as the Debtor's
counsel.


X-WING AVIATION: Disclosures OK'd; Plan Hearing Set for Sept. 15
----------------------------------------------------------------
The Hon. Daniel P. Collins of the U.S. Bankruptcy Court for the
District of Arizona approved the first amended disclosure statement
accompanying X-Wing Aviation, LLC's Chapter 11 plan.

The hearing to consider the confirmation of the Plan will be held
on Sept. 15, 2016, at 11:00 a.m.

Headquartered in Gilbert, Arizona, X-Wing Aviation, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case No.
15-09002) on July 17, 2015, estimating its assets at up to $50,000
and liabilities at between $1 million and $10 million.  The
petition was signed by Alvin F. Skinner, Jr., sole member.

Judge Daniel P. Collins presides over the case.

M. Preston Gardner, Esq., at Davis Miles Mcguire Gardner PLLC,
serves as the Debtor's bankruptcy counsel.


YH LIMITED: Chapter 15 Recognition Hearing Set for September 7
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
scheduled a hearing for Sept. 7, 2016, at 2:00 p.m. (New York Time)
in Room 623, One Bowling Green, New York, New York, to consider
approval of the verified petition for recognition of foreign main
proceeding pursuant to Chapter 15 filed by Christian Henry Wells,
in his capacity as the foreign representative in respect of a
voluntary refinancing proceeding concerning YH Limited currently
pending before the Chancery Division (Companies Court) of the High
Court of Justice of England and Wales.  Objections, if any, are due
Aug. 31, 2016, at 12:00 noon.

Based in Reading, United Kingdom, YH Limited provides yellow pages
directory listings.  Christian Henry Wells filed for Chapter 15
petition for YH Limited (Bankr. S.D.N.Y. Case No. 16-12262) on Aug.
3, 2016.  The case is assigned to Hon. Shelley C. Chapman.  The
Chapter 15 Petitioner is represented by Emil A. Kleinhaus, Esq.,
Neil K. Chatani, Esq., Natasha J. Fernandez-Silber, Esq., at
Wachtell, Lipton, Rosen & Katz.  The Debtor estimated assets of
between $5 million and $1 billion, and debts of more than $1
billion.


[*] IRS Adopts New Audit Rule to Limit Tax Discharges
-----------------------------------------------------
Vidya Kauri, writing for Bankruptcy Law360, reported that a new
rule forcing partnerships to declare they won't voluntarily file
for bankruptcy as a prerequisite for electing a revamped tax audit
regime is being billed by experts as an unexpected move by the
Internal Revenue Service to prevent the new regime from being
abused to avoid tax liabilities.  The IRS released the rules on
Aug. 4 after Congress in November signed the new audit regime into
law as part of the Bipartisan Budget Act of 2015.


[^] BOOK REVIEW: The First Junk Bond
------------------------------------
Author:     Harlan D. Platt
Publisher:  Beard Books
Softcover:  236 pages
List Price: $34.95
Review by Gail Owens Hoelscher

Order your personal copy today and one for a colleague at
http://www.beardbooks.com/beardbooks/the_first_junk_bond.html

Only one in ten failed businesses is equal to the task of
reorganizing itself and satisfying its prior debts in some
fashion. This engrossing book follows the extraordinary journey
of Texas International, Inc (known by its New York Stock
Exchange stock symbol, TEI), through its corporate growth and
decline, debt exchange offers, and corporate renaissance as
Phoenix Resource Companies, Inc. As Harlan Platt puts it, TEI
"flourished for a brief luminous moment but then crashed to
earth and was consumed." TEI's story features attention-grabbing
characters, petroleum exploration innovations, financial
innovations, and lots of risk taking.

The First Junk Bond was originally published in 1994 and
received solidly favorable reviews. The then-managing director
of High Yield Securities Research and Economics for Merrill
Lynch said that the book "is a richly detailed case study. Platt
integrates corporate history, industry fundamentals, financial
analysis and bankruptcy law on a scale that has rarely, if ever,
been attempted." A retired U.S. Bankruptcy Court judge noted,
"(i)t should appeal as supplementary reading to students in both
business schools and law schools. Even those who practice.in the
areas of business law, accounting and investments can obtain a
greater understanding and perspective of their professional
expertise."

"TEI's saga is noteworthy because of the company's resilience
and ingenuity in coping with the changing environment of the
1980s, its execution of innovative corporate strategies that
were widely imitated and its extraordinary trading history,"
says the author. TEI issued the first junk bond. In 1986 it
achieved the largest percentage gain on the NYSE, and in 1987
suffered the largest percentage loss. It issued one of the first
bonds secured by a physical commodity and then later issued one
of the first PIK (payment in kind) bonds. It was one of the
first vulture investors, to be targeted by vulture investors
later on. Its president was involved in an insider trading
scandal. It innovated strip financing. It engaged in several
workouts to sell off operations and raise cash to reduce debt.
It completed three exchange offers that converted debt in to
equity.

In 1977, TEI, primarily an oil production outfit, had had a
reprieve from bankruptcy through Michael Milken's first ever
junk bond. The fresh capital had allowed TEI to acquire a
controlling interest of Phoenix Resources Company, a part of
King Resources Company. TEI purchased creditors' claims against
King that were subsequently converted into stock under the terms
of King's reorganization plan. Only two years later, cash
deficiencies forced Phoenix to sell off its nonenergy
businesses. Vulture investors tried to buy up outstanding TEI
stock. TEI sold off its own nonenergy businesses, and focused on
oil and gas exploration. An enormous oil discovery in Egypt made
the future look grand. The value of TEI stock soared. Somehow,
however, less than two years later, TEI was in bankruptcy. What
a ride!

All told, the book has 63 tables and 32 figures on all aspects
of TEI's rise, fall, and renaissance. Businesspeople will find
especially absorbing the details of how the company's bankruptcy
filing affected various stakeholders, the bankruptcy negotiation
process, and the alternative post-bankruptcy financial
structures that were considered. Those interested in the oil and
gas industry will find the book a primer on the subject, with an
appendix devoted to exploration and drilling, and another on oil
and gas accounting.

Harlan Platt is professor of Finance at Northeastern University.
He is president of 911RISK, Inc., which specializes in
developing analytical models to predict corporate distress.


                            *********

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 ***