TCR_Public/160914.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, September 14, 2016, Vol. 20, No. 258

                            Headlines

ABC DISPOSAL: Court Extends Plan Filing Period Through Oct. 17
ADVANCED MICRO DEVICES: Offering 100M Shares & $700M Senior Notes
AEROPOSTALE INC: Wins Approval of $243-Mil. Sale to Mall Group
AIR CANADA: Fitch Assigns 'BB+' Rating on New Senior Secured Debt
ALEXANDRE DANILENKO: Wife to Contribute to Plan Funding

ALL TYPE CONTRACTING: Gets Final Authority to Access Cash
ALLIED SYSTEMS: Yucaipa Suit Against Black Diamond, Spectrum Nixed
AMERICAN INT'L: Case of Former Chief Going to Trial After 11 Years
AMERICAN RAILCAR: Egan-Jones Cuts Sr. Unsec. Ratings to BB+
AOG ENTERTAINMENT: Court Extends Plan Filing Period to Oct. 25

ARCH COAL: Court Confirms Amended Plan of Reorganization
ARCH COAL: Restructuring Plan Wins Court Approval
ARCH COAL: Seeks to Move Exclusive Plan Filing Period to Oct. 7
ARIZONA ACADEMY: Hires Davis Miles as Counsel
ARMADA WATER: Wants Plan Filing Period Moved To January 2017

AT HOME: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
AV HOMES: Egan-Jones Hikes Sr. Unsec. Debt Ratings to B
B&B REAL ESTATE: Hires Michael Baxter as Real Estate Agent
B5 INC: U.S. Trustee Unable to Appoint Committee
BIOANALYTICAL SYSTEMS: Defaults on Huntington Bank Credit Line

BIOLARGO INC: Recurring Losses Raises Going Concern Doubt
BRYAN FORESEE: Disclosures Okayed; Plan Hearing on Oct. 12
C-N-T REDI MIX: Unsecureds To Recover 40% Under Plan
CALIFORNIA RESOURCES: S&P Raises CCR to CCC+, Outlook Negative
CARDIAC SCIENCE: Houlihan Can't Unilaterally Waive Consent

CC SPORTS: Unsecureds To Recover at Least 10% Under Plan
CENTRAL GARDEN: Egan-Jones Hikes Sr. Unsec. Debt Ratings to BB-
CHRISTOPHER PAYNE: Employs Olson Nicoud & Gueck as Attorney
CLAIRE'S STORES: Appoints SVP & Chief Financial Officer
CLEAR CREEK RETIREMENT: To Sell Real Property to NDA Under Plan

COMMUNITY HOME: Ch. 11 Trustee Granted Over $19K Interim Payment
COMMUNITY HOME: Ch. 11 Trustee Granted Over $68K Interim Payment
COMPANION DX: Creditors' Panel Hires Okin Adams as Counsel
COMPANION DX: Creditors' Panel Hires Sheppard Mullin as Counsel
CONSTELLATION ENTERPRISES: Committee Reaches Unsec. Claims Deal

CORNERSTONE DENTISTRY: Hires Paul Reece Marr as Attorney
CRN INC: Plan Confirmation Hearing on Oct. 13
CSC HOLDINGS: S&P Assigns 'BB-' Rating on $1.9BB Sr. Notes
CVR NITROGEN: S&P Affirms Then Withdraws 'B+' CCR
DCP MIDSTREAM: Fitch Affirms 'BB+' Long-Term Issuer Default Rating

DEAN YOUNG: Hires Moore Taylor as Attorney
DELCATH SYSTEMS: Recurring Losses Raises Going Concern Doubt
DESERT LAND: Court Disqualifies Hutchison as Counsel
DIANE ROSE MAESTRI: Files Full-Payment Ch. 11 Plan
DRYSDALE VILLAGE: U.S. Trustee Unable to Appoint Committee

ELEPHANT TALK: Receives Noncompliance Notice from NYSE MKT
ELEPHANT TALK: Sold 73 Series A Shares for $729,968
ELEPHANT TALK: To Offer $20 Million Worth of Securities
ELIZABETH ARDEN: Egan-Jones Hikes Sr. Unsec. Rating to CCC+
ENERGY FUTURE: Reaches $11.8M Deal With Texas Comptroller

ERICKSON INC: S&P Retains 'CCC' Rating on 2nd Lien Notes
ESSER REALTY: Unsecureds to Get 5% On Effective Date
EXTREME PLASTICS: Plan Filing Deadline Extended Through Oct. 30
FIRST DATA: Capital Research Holds 15.2M CL-A Shares as of Aug. 31
FKF 3 LLC: Suit vs. Principals To Be Heard in District Court

FLOUR CITY: Bankruptcy Judge Rejects $5-Mil. Bid from Lender
FRYMIRE SERVICES: Court OKs Cash Collateral Use on Final Basis
G-I HOLDINGS: NYCHA's Indemnity, Restitution Claims Dismissed
GARDENS REGIONAL: Creditors' Panel Hires Bienert as Special Atty.
GARDENS REGIONAL: Spine Surgical, Gardena Removed from Committee

GR HOSPITALITY: Wants to Use Lakeland West Cash Collateral
GREAT BASIN: Had 64.27M Outstanding Common Shares as of Sept. 9
GREEN PLAINS: Egan-Jones Cuts LC Sr. Unsec. Debt Rating to B
GUIDED THERAPEUTICS: Amends Current Report to Correct Typo
GYPSUM MANAGEMENT: S&P Raises CCR to 'B+', Outlook Stable

HALCON RESOURCES: Amends Certificate of Incorporation & Bylaws
HANISH LLC: Can Access Cash Held by Phoenix Until Nov. 9
HANJIN SHIPPING: Secures $45M, More May Take "Considerable Time"
HARRINGTON & KING: Seeks to Extend Plan Filing Period to Jan. 2017
HOOPER HOLMES: Liquidity Concerns Raise Going Concern Doubt

HORSEHEAD HOLDING: Court Confirms 2nd Amended Plan
HOVNANIAN ENTERPRISES: Incurs $474,000 Net Loss in Third Quarter
IMAGEWARE SYSTEMS: Creates Series F Convertible Preferred Stock
INCYTE CORP: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB-
INT'L MANUFACTURING: Trustee Hires Baker & McKenzie as Counsel

INT'L TECHNICAL COATINGS: Hires Gavlick as Auctioneer
INT'L TECHNICAL COATINGS: Taps Cincinnati Industrial as Auctioneer
ISTAR INC: BlackRock Reports 10% Equity Stake as of Aug. 31
KATHERINE MONTGOMERY: Bankr. Administrator Objects to Plan Outline
KENT MANOR: Wants to Employ Century 21 as Broker to Sell Inn

KNS INC: Can Use Up to $360K of Core Bank Cash Through Oct. 7
KYEUNG GUK MIN: Unsecureds To Recoup 10% Under Plan
LEWIS HEALTH: Seeks Dec. 26 Exclusive Plan Filing Period Extension
LIGHT TOWER: Employs Prime Clerk as Claims and Noticing Agent
LIVING COLOUR: Court Allows Nov. 17 Plan Filing Extension

LUVIS AMBULANCE: Taps Manuel Feliciano Rios as Fin'l Consultant
MALIBU LIGHTING: Wants Exclusive Plan Period Moved to Jan. 2017
MANUFACTURERS ASSOCIATES: Trustee Hires Blum Shapiro as Accountant
MAXIM CRANE: S&P Withdraws 'B' CCR on Apollo Acquisition
MCDERMOTT INT'L: Egan-Jones Lowers Sr. Unsec. Ratings to B+

MICHAEL D COHEN MD: Case Summary & 18 Top Unsecured Creditors
MICHAEL D COHEN MD: Files for Chapter 11 Bankruptcy Protection
MICHAEL D COHEN MD: Wants to Use Secured Lenders' Cash Collateral
MID-STATES SUPPLY: Seeks to Move Exclusive Plan Filing to Oct. 6
MODULAR SPACE: S&P Lowers CCR to 'SD', Off CreditWatch Negative

NORTEK INC: S&P Withdraws 'B' Corporate Credit Rating
NORTHWEST PEDIATRIC: Seeks to Extend Plan Exclusivity to Jan. 2017
NYC DIPLOMAT: Employs Hugh L. Rothbaum as Bankruptcy Attorney
OBERFIELD PRECAST: U.S. Trustee Unable to Appoint Committee
OCI BEAUMONT: S&P Lowers CCR to 'CCC+' on Weak Credit Metrics

OLIN CORP: Egan-Jones Cuts Sr. Unsec. Ratings to BB-
ORANGE PEEL: Seeks to Hire Buratti PA as Debtor's Special Counsel
PALMAZ SCIENTIFIC: Over $310K Atty's Fees, Expenses Awarded to NRF
PATRIOT ONE: Wants to Employ O Lampl Law Office as Attorney
PAUL BURGETTE MOHR: Disclosures OK'd; Plan Hearing on Sept. 29

PEABODY ENERGY: ELPC Objects to Illinois Settlement
PENN VIRGINIA: Reorganization Plan Takes Effect, Exits Chapter 11
PERSISTENCE PARTNERS: Employs Coan Lewendon as General Counsel
PETROQUEST ENERGY: Announces Results of Exchange Offers
PICO HOLDINGS: Bloggers Explain CEO Hart Bonus Workaround

PODIUM PERFORMANCE: Hires White-Boyd as Attorney
PRO-FIT DEVELOPMENT: U.S. Trustee Unable to Appoint Committee
PROLINE CONCRETE: Hires Amigone Sanchez as General Ch. 11 Counsel
QUEENSBORO 1: Seeks to Hire Sembler Company as Property Manager
R&M GENERAL: Taps Hodges Doughty as General Bankruptcy Counsel

R&M GENERAL: Wants to Access Cash Collateral of Wells Fargo
RESIDENTIAL CAPITAL: Stay Does Not Bar Foreclosure Sale of HOA Lien
RIVERSIDE MILITARY: Fitch Affirms BB+ $66MM Refunding Bonds Rating
RIVERSIDE MULCH: Oct. 14 Liquidation Plan Confirmation Hearing
ROCKY ASPEN: Ch.11 Trustee Taps Cordes & Company as Accountant

ROTARY DRILLING: Creditors' Panel Hires McKool Smith as Counsel
RP CROWN: S&P Retains 'CCC+' CCR on CreditWatch Positive
RPM AUTOMOTIVE: Trustee Hires Manty & Associates as Counsel
S DIAMOND STEEL: U.S. Trustee Unable to Appoint Committee
S-3 PUMP SERVICE: Taps Cook Yancey and Gaudry Ranson as Counsel

SALTY DOG REST: Trade Creditors to Receive 75% Under Plan
SARPONG LLC: Case Summary & 7 Unsecured Creditors
SFX ENTERTAINMENT: Seeks Probe Over Digital Music Charts
SHRI GURUKRUPA: Employs Tate M. Russack and RLC PA as Counsel
SHRI GURUKRUPA: Hires Arun Chawla as Certified Public Accountants

SMARTMALLOW FARMS: U.S. Trustee Unable to Appoint Committee
SON CORP: Selling Pacoima Property to G&M Gapco for $3M
SPX CORP: Egan-Jones Upgrades Sr. Unsecured Debt Ratings to BB
SQUIRE COURT: Case Summary & 20 Largest Unsecured Creditors
STEMCELLS INC: Winding Down Operations, May File for Bankruptcy

STEREO ONE: U.S. Trustee Objects to Plan, Disclosure Statement
STERLING ENGINEERING: Plan Filing Deadline Extended Until Nov. 24
SUNEDISON INC: Cobalt Partners Securities Suit Sent to S.D.N.Y.
SYDELL INC: Hires GGG Partners as Financial Consultants
TALBOT ENTERPRISES: Needs Additional 31 Days to Complete Plan

TEXARKANA ARKANSAS: Hires Joyce Lindauer as Bankruptcy Counsel
TIMOTHY BINKLEY: Secured Creditors to Be Paid in 3 Years Under Plan
TRIN POLYMERS: Has Final Authority to Use Cash Collateral
TRINITY RIVER: Court OKs Cash Collateral Use Until September 30
TRIPLE C FLATBED: U.S. Trustee Unable to Appoint Committee

UNITED MOBILE: Court Allows Cash Use on Final Basis Through Nov. 17
UNREIN & COMPANY: Can File Plan and Disclosure Until Nov. 7
VAPOR CORP: Warrant Obligations Raises Going Concern Doubt
VERSUM MATERIALS: S&P Assigns 'BB' CCR, Outlook Stable
W&T OFFSHORE: S&P Cuts CCR to 'SD' on Distressed Exchange

WALTER ENERGY: Court Approves Sale of Canadian Assets to Conuma
WILLOW CREEK: Court Recommends Striking Herman's Answer
WOO LI: Plan Has Conditional OK; Oct. 4 Confirmation Hearing Set
WTB 5 ENTERPRISES: Hearing on Disclosures Set For Oct. 4
[*] Oil Bankruptcies Leave Lenders w/ "Catastrophic" Recovery Rate


                            *********

ABC DISPOSAL: Court Extends Plan Filing Period Through Oct. 17
--------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts extended ABC Disposal Service, Inc., and its
affiliated debtors' exclusive period within which only the Debtors
may file a plan of reorganization, from Sept. 9, 2016 through and
including Oct. 17, 2016, and the deadline for acceptance of a plan
of reorganization filed by the Debtors, from Nov. 8, 2016 through
and including Dec. 9, 2016.

The Court also gives notice that during a hearing held on the
Debtor's Motion and the objection filed by Small Business Term
Loans, Inc. d/b/a BFS Capital, Counsel to the Debtor reported on
the record that an agreement had been reached with BFS Capital and
Webster Bank, N.A.

A continued hearing on the Motion will be held on Oct. 13, 2016 at
1:00 p.m.  The deadline for Webster, BMO, BFS Capital, and the
Committee to object to the Motion is extended to October 11, 2016.

The Troubled Company Reporter reported earlier that the Debtors ask
the Court to extend the exclusive period to file a plan through
Jan. 6, 2017, and to solicit acceptances of their plan through
March 8, 2017, in order to allow the Debtors to continue to build
upon the progress made in the initial months of the Chapter 11
cases and focus their resources developing a plan of
reorganization, and to maintain a controlled environment within
which they can pursue their organization efforts and work with
their creditor constituencies.

                      About ABC Disposal

ABC Disposal Service, Inc., provides full service waste hauling,
disposal and recycling services, and sells, rents and services
compaction and baling equipment to a variety of industrial,
institutional, commercial and construction related customers.

New Bedford Waste owns and operates municipal solid waste and
construction and demolition debris transfer stations in New
Bedford, Sandwich, and Rochester, Massachusetts which transfer and
process residential, commercial, industrial, and institutional and
construction wastes under approved state and local government
permits and licenses.

Solid Waste Services, Inc., is a Massachusetts corporation
organized in 1999 to hold an ownership interest in New Bedford
Waste.

Shawmut Associates and A&L Enterprises are Massachusetts limited
liability companies which own and lease real estate to ABC and New
Bedford Waste in connection with their operations.

ZERO Waste Solutions, LLC, is a Massachusetts limited liability
company formed in 2013 for the purposes of developing and operating
an advanced mixed waste recycling facility located on Shawmut
Associates' Rochester property to process and market recyclable
material and then turn unrecyclable material into compact, clean
burning, high yield fuel briquettes which have a variety of
industrial uses.

The principals of the Debtors are Laurinda F. Camara and her
children Susan M. Sebastiao, Kenneth J. Camara, Steven A. Camara,
and Michael A. Camara.  Each of the Principals owns 20% of the
stock in ABC. Each of Susan M. Sebastiao, Kenneth J. Camara,
Steven A. Camara and Michael A. Camara own a 12.5% interest in New
Bedford Waste and a 25% interest in Shawmut Associates, A&L
Enterprises, and Solid Waste Services.  Solid Waste Services owns
the remaining 50% of the membership interests in New Bedford Waste.
New Bedford Waste owns 80% of the membership interests in ZERO
Waste.

ABC Disposal Service, Inc., New Bedford Waste Services, LLC, Solid
Waste Services, Inc., Shawmut Associates, LLC, A&L Enterprises,
LLC, and ZERO Waste Solutions, LLC each filed a voluntary petition
under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass. Case Nos.
16-11787 to 16-11792, respectively) on May 11, 2016.  The petitions
were signed by Michael A. Camara as vice president/CEO.  Judge Joan
N. Feeney presides over the cases.

Murphy & King Professional Corporation serves as the Debtors'
counsel. Argus Management Corp. serves as their financial advisor.

The Official Committee of Unsecured Creditors tapped Jager Smith
P.C. as counsel.


ADVANCED MICRO DEVICES: Offering 100M Shares & $700M Senior Notes
-----------------------------------------------------------------
Advanced Micro Devices, Inc., filed with the Securities and
Exchange Commission a free writing prospectus relating to the
offering of 100,000,000 shares of common stock of the Company (or
115,000,000 shares of Common Stock if the underwriters' option to
purchase an additional 15,000,000 shares of Common Stock is fully
exercised).  

The Company is offering those shares to the public at
$6.00 per share.  The last reported sale price of the Company's
common stock on the Nasdaq Stock Exchange on Sept. 8, 2016, was
$6.22 per share.

The Company estimates that the net proceeds from the Common Stock
Offering will be approximately $580.5 million, or approximately
$667.6 million if the underwriters exercise their option pursuant
to the Common Stock Offering to purchase additional shares of
Common Stock in full, after deducting estimated underwriting
discounts and commissions and estimated offering expenses payable
by the Company.  The Company anticipates that it will use the net
proceeds of the Common Stock Offering, together with the net
proceeds of the Convertible Notes Offering, to repay up to $226
million of its borrowings under the Amended and Restated Loan
Agreement and to purchase up to $1,260 million aggregate total
consideration of its Senior Notes (assuming no proceeds are used
for the repayment of the borrowings under the Amended and Restated
Loan Agreement).

Joint Book-Running Managers:      

        J.P. Morgan Securities LLC
        Barclays Capital Inc.
        Credit Suisse Securities (USA) LLC
        Merrill Lynch, Pierce, Fenner & Smith
                     Incorporated
        Wells Fargo Securities, LLC
        Deutsche Bank Securities Inc.
        Morgan Stanley & Co. LLC

                         Notes Offering

Concurrently, the Company is offering $700,000,000 aggregate
principal amount of 2.125% convertible senior notes due 2026 (or
$805,000,000 aggregate principal amount if the underwriters'
over-allotment option to purchase up to an additional $105,000,000
principal amount of Notes is exercised in full).

The Notes' maturity date is Sept. 1, 2026, unless earlier
repurchased or converted.

The Notes bear an interest rate of 2.125% per annum, accruing from
the Settlement Date.  Interest are payable on March 1 and September
1 of each year, beginning on March 1, 2017.

The Company estimates that the net proceeds from the Convertible
Notes Offering will be approximately $680.0 million (or
approximately $782.1 million if the underwriters exercise their
over-allotment option), after deducting estimated underwriting
discounts and commissions fees and estimated offering expenses
payable by the Company.

Joint Book-Running Managers:      

       J.P. Morgan Securities LLC
       Barclays Capital Inc.
       Credit Suisse Securities (USA) LLC
       Merrill Lynch, Pierce, Fenner & Smith
              Incorporated
       Wells Fargo Securities, LLC

A full-text copy of the free writing prospectus is available at:

                        https://is.gd/SGkJQz

                    About Advanced Micro Devices

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

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

As of June 25, 2016, the Company had $3.31 billion in total assets,
$3.72 billion in total liabilities, and a $413 million total
stockholders' deficit.

                          *     *     *

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

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

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


AEROPOSTALE INC: Wins Approval of $243-Mil. Sale to Mall Group
--------------------------------------------------------------
Tiffany Kary, writing for Bloomberg News, reported that teen
clothing retailer Aeropostale Inc. won court permission to sell its
assets to buyers led by Simon Property Group Inc. and General
Growth Properties Inc. after the landlords banded together with
liquidators to save jobs and stores -- a novel approach that
lawyers said could be a model for distressed retailers.

According to the report, the group prevailed at a Sept. 2 auction
with a $243 million bid and a plan to keep open at least 229
stores.  U.S. Bankruptcy Judge Sean Lane approved the sale in
Manhattan court on Sept. 12 after being told by the retailer's
lawyers that the arrangement would save at least 7,000 jobs, the
report said.

"This could be a model for future restructurings in the years
ahead," Ray Schrock, a lawyer for Aeropostale, told Judge Lane, the
report related.

Simon was a landlord at more than 160 Aeropostale stores at the
time of the New York-based chain's bankruptcy in May, the report
noted, citing the court filings.

When no bids to buy the company as a going concern emerged, Simon
and General Growth, also an Aeropostale landlord, started exploring
ways to save a key tenant, the report related, citing a court
filing by Stanley Shashoua, a vice president at Simon.  They got
Authentic Brands Group LLC, Hilco Merchant Resources LLC and Gordon
Brothers Retail Partners LLC to join in a bidding consortium, the
report further cited Mr. Shashoua as saying.

Before that, the retailer only had bids to liquidate its assets,
including an opening offer from a joint venture of Tiger Capital
Group and Great American Group for $184 million, Mr. Schrock told
Judge Lane, the report related.

                       About Aeropostale Inc.

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

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

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

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

Judge Sean H. Lane is assigned to the cases.

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


AIR CANADA: Fitch Assigns 'BB+' Rating on New Senior Secured Debt
-----------------------------------------------------------------
Fitch Ratings has assigned a rating of 'BB+(EXP)/RR1' to Air
Canada's new proposed senior secured debt issuance. Proceeds from
the issuance will be used, along with cash, to refinance Air
Canada's existing secured term loan B and first and second lien
senior secured notes. Fitch currently rates Air Canada 'B+' with a
Positive Rating Outlook.

Air Canada is expected to raise around USD$950 million of new debt
through the issuance of a new secured term loan B. The term loan
will feature a seven-year tenor. Air Canada will also upsize its
revolving credit facility to USD$300 million from its current size
of USD$210 million. Collateral for the facility will consist of Air
Canada's Asian Pacific route rights, slots at certain airports
including Heathrow, LaGuardia, and DCA, as well as some real estate
and ground equipment. The collateral package excludes the engines
and accounts receivable that are included as security for Air
Canada's existing facility.

The refinancing will push a material amount of Air Canada's debt
maturities from the 2019-2020 timeframe out to 2023 as it redeems
its existing first and second lien secured notes and term loan B.
The use of cash to pay down some existing debt will also result in
a moderate reduction in Air Canada's gross leverage metrics, which
Fitch currently calculates at 3.8x.

KEY RATING DRIVERS

The 'BB+(EXP)/RR1' rating is driven by Fitch's recovery analysis,
which distributes an estimated distressed enterprise value to
various classes of debt based on a going concern valuation.
Recovery estimates in a going concern scenario are supported by the
strategic importance of the collateral to Air Canada. Recovery in a
liquidation scenario would be more uncertain as the route rights
and slots that collateralize the transaction are intangible and
inherently difficult to value. The 'RR1' rating indicates Fitch's
expectation that the 1st lien secured debt holders would recover
91%-100% of principal in a distress situation. Ratings on the
proposed issuance are consistent with Fitch's rating for AC's
existing senior secured debt.

The Positive Outlook on Air Canada's IDR is supported by improving
financial results, reduced pension obligations, and longer-term
commitment to de-leveraging. Over the intermediate term, Fitch
expects AC to continue generating solid financial results, with
operating margins remaining well above historical levels produced
prior to 2013.

KEY ASSUMPTIONS

   -- Continued moderate growth in demand for air travel through
      the forecast period;
   
   -- Fuel prices increasing to about $65/barrel by 2018;

   -- Air Canada's capacity continues to grow in the high single-
      digit range.

RATING SENSITIVITIES

Future actions that may individually or collectively cause Fitch to
take a positive rating action include:

   -- Sustained adjusted debt/EBITDAR below 4.0x;

   -- EBITDAR margins sustained above 15%, EBIT margins above 10%;

   -- Better than expected (neutral or positive) free cash flow
      generation over the intermediate term.

Although AC's current credit metrics are roughly in-line with those
outlined above, future positive rating actions may be driven by
expectations for metrics to be sustained amidst a more difficult
operating environment (i.e. higher fuel prices or a notable drop in
demand).

Future actions that may individually or collectively cause Fitch to
take a negative rating action include:

   -- Weaker than expected margin performance or higher than
      expected borrowing causing leverage to reach or exceed 5x;

   -- Weaker than expected financial performance causing free cash

      flow to be notably below Fitch's expectations;

   -- A decline in the company's EBIT margin to the low single
      digits, EBITDAR margins into the high single digits.

LIQUIDITY

Air Canada's liquidity is supportive of the rating. At June 30,
2016 the company had a cash and short-term investments balance of
$3.1 billion and an undrawn revolver of $210 million. Total
liquidity is equal to 24% of LTM revenue, which Fitch considers
more than adequate given manageable upcoming debt maturities and
expectations for Air Canada to generate meaningful operating cash
flows.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings to the proposed issuance:

   Air Canada
  
   -- Senior secured term loan B 'BB+(EXP)/RR1';

   -- Senior secured revolving credit facility 'BB+(EXP)/RR1'.

Fitch currently rates Air Canada as follows:

   -- Long-term IDR 'B+';

   -- Senior secured first-lien term loan 'BB+/RR1';

   -- Senior secured revolving credit facility 'BB+/RR1';

   -- Senior secured second-lien debt 'BB+/RR1';

   -- Senior unsecured debt 'B+/RR4'.


ALEXANDRE DANILENKO: Wife to Contribute to Plan Funding
-------------------------------------------------------
Alexandre Danilenko, a financial consultant, filed with the U.S.
Bankruptcy Court for the Eastern District of New York a second
amended disclosure statement dated Sept. 6, 2016, to accompany its
Chapter 11 plan.

A full-text copy of the Plan outline is available at:

          http://bankrupt.com/misc/15-45622-36.pdf

The Amended Disclosure Statement provides that the Plan will be
financed from income generated from the Debtor's employment.
Additionally, the Debtor's wife is also employed full time and
intends to make a monthly contribution to the Debtor's monthly
budget of all of her disposable income left available after the
deduction of any personal expenses.

Class II Unsecured Claims, which total $172,454, will be paid 10%
of their allowed claims in 36 equal monthly installments effective
30 days after the effective date of the Plan.

                   About Alexandre Danilenko

Alexandre Danilenko (Bankr. E.D.N.Y. Case No. 15-45622) filed a
Chapter 11 Petition on December 16, 2015.  The Debtor is
represented by:

          Allan Kachan, Esq.
          3099 Coney Island Ave., 3rd Floor
          Brooklyn, NY 11235
          Tel: (718) 513-3145


ALL TYPE CONTRACTING: Gets Final Authority to Access Cash
---------------------------------------------------------
Judge Barry S. Schermer of the U.S. Bankrupty Court for the Eastern
District of Missouri  permitted All Type Contracting, LLC to use
the Cash Collateral of Internal Revenue Service on a final basis.

The use of cash collateral is subject to these terms:

A. IRS will have a new lien in the post-petition accounts
receivable of the Debtor's estate as adequate protection for use of
its cash collateral.

B. The Debtor is directed pay to IRS $3,235.97 on or before
September 28, 2016 and by the 28th day of each subsequent month.

C. The Debtor is directed to maintain a policy of property and
casualty insurance on all of its personal property at all times.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at https://is.gd/Xh3TRo


                       About All Type Contracting, LLC

All Type Contracting, LLC filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Mo. Case No. 16-10509) on June 16, 2016.  The petition
was signed by Brian R. Blair, president/owner.

The Debtor is represented by Thomas Riske, Esq., at Desai Eggman
Mason LLC.  The case is assigned to Judge Barry S. Schermer.

At the time of filing, the Debtor estimated assets at $100,000 to
$500,000 and liabilities at $500,001 to $1 million.


ALLIED SYSTEMS: Yucaipa Suit Against Black Diamond, Spectrum Nixed
------------------------------------------------------------------
Black Diamond Capital Management, L.L.C. ("Black Diamond") and
Spectrum Group Management, L.L.C. ("Spectrum") recently received a
favorable ruling in their long running dispute with Yucaipa Cos.
Ltd ("Yucaipa") in connection with their investment in Allied
Systems Holdings Inc.  In a written opinion, the Honorable Judge
Sue L. Robinson of the U.S. District Court in Delaware granted
their motion to dismiss a lawsuit asserting claims against the
firms under the Racketeer Influenced and Corrupt Organization Act
("RICO") by Yucaipa, finding there was "no plausible basis" for the
claims.

Dismissal of the lawsuit is the latest in a series of favorable
court rulings for Black Diamond and Spectrum in their litigation
with Yucaipa in connection with the Allied Systems Holdings Inc.
bankruptcy case.  Previously, courts have ruled in favor of Black
Diamond and Spectrum on significant motions in the litigation at
least half a dozen times, including determining and later upholding
Black Diamond's and Spectrum's primacy over Yucaipa as so-called
requisite lenders, under certain financing agreements provided to
Allied Systems.

"We appreciate the Court's careful review of this matter and are
pleased to have these meritless claims dismissed," said Robert J.
Ward of Schulte Roth & Zabel LLP.  "We now look forward to pursuing
vigorously the substantial claims that we and Allied's unsecured
creditors' committee have asserted against Yucaipa for its actions
involving Allied."

Black Diamond and Spectrum are represented by Adam G. Landis and
Kerri K. Mumford of Landis Rath & Cobb LLP, and Adam C. Harris,
Robert J. Ward and David M. Hillman of Schulte Roth & Zabel LLP.

          About Black Diamond Capital Management, L.L.C.

Black Diamond is a leading alternative asset management firm with
over $8 billion in assets under management across three
complementary investment platforms: Control Distressed/Private
Equity Funds, a Hedge Fund and CLOs and other structured vehicles.


             About Spectrum Group Management, L.L.C.

Spectrum Group Management is an alternative asset management firm
that focuses on event driven investing in the distressed, special
situations, and asset-based credit markets.  Spectrum has developed
an extensive network for originating "off the run" investment
opportunities.  Its investment portfolios target low volatility,
minimal correlation and attractive risk-adjusted returns throughout
the economic cycle.


                    About Allied Systems Holdings

BDCM Opportunity Fund II, LP, Spectrum Investment Partners LP, and
Black Diamond CLO 2005-1 Adviser L.L.C., filed involuntary
petitions for Allied Systems Holdings Inc. and Allied Systems Ltd.
(Bankr. D. Del. Case Nos. 12-11564 and 12-11565) on May 17, 2012.
The signatories of the involuntary petitions assert claims of at
least $52.8 million for loan defaults by the two companies.

Allied Systems, through its subsidiaries, provides logistics,
distribution, and transportation services for the automotive
industry in North America.

Allied Holdings Inc. first filed for chapter 11 protection (Bankr.
N.D. Ga. Case Nos. 05-12515 through 05-12537) on July 31, 2005.
Jeffrey W. Kelley, Esq., at Troutman Sanders, LLP, represented the
Debtors in the 2005 case.  Allied won confirmation of a
reorganization plan and emerged from bankruptcy in May 2007 with
$265 million in first-lien debt and $50 million in second-lien
debt.

The petitioning creditors said Allied defaulted on payments of
$57.4 million on the first lien debt and $9.6 million on the
second.  They hold $47.9 million, or about 20% of the first-lien
debt, and about $5 million, or 17%, of the second-lien obligation.

They are represented by Adam G. Landis, Esq., and Kerri K. Mumford,
Esq., at Landis Rath & Cobb LLP; and Adam C. Harris, Esq., and
Robert J. Ward, Esq., at Schulte Roth & Zabel LLP.

Allied Systems Holdings Inc. formally put itself and 18
subsidiaries into bankruptcy reorganization June 10, 2012,
following the filing of the involuntary Chapter 11 petition.

The Company is being advised by Mark D. Collins, Esq., at Richards,
Layton & Finger, P.A., and Jeffrey W. Kelley, Esq., at Troutman
Sanders, Gowling Lafleur Henderson.

The bankruptcy court process does not include captive insurance
company Haul Insurance Limited or any of the Company's Mexican or
Bermudan subsidiaries.  The Company also announced that it intends
to seek foreign recognition of its Chapter 11 cases in Canada.

An official committee of unsecured creditors has been appointed in
the case.  The Committee consists of Pension Benefit Guaranty
Corporation, Central States Pension Fund, Teamsters National
Automobile Transporters Industry Negotiating Committee, and General
Motors LLC.  The Committee is represented by Sidley Austin LLP.

In January 2014, the U.S. Trustee for Region 3 appointed a
three-member Official Committee of Retirees.

Yucaipa Cos. has 55% of the senior debt and took the position it
had the right to control actions the indenture trustee would take
on behalf of debt holders.  The state court ruled in March 2013
that the loan documents didn't allow Yucaipa to vote.

In March 2013, the bankruptcy court gave the official creditors'
committee authority to sue Yucaipa.  The suit includes claims that
the debt held by Yucaipa should be treated as equity or
subordinated so everyone else is paid before the Los Angeles-based
owner. The judge allowed Black Diamond to participate in the
lawsuit against Yucaipa and Allied directors.

Yucaipa American Alliance Fund I, L.P., Yucaipa American Alliance
(Parallel) Fund I, L.P., Yucaipa American Alliance Fund II, L.P.,
Yucaipa American Alliance (Parallel) Fund II, L.P., represented by
Michael R. Nestor, Esq., and Edmund L. Morton, Esq., at Young
Conaway Stargatt & Taylor, LLP; and Robert A. Klyman, Esq., at
Gibson, Dunn & Crutcher LLP.

First Lien Agent, Black Diamond Commercial Finance, L.L.C.,
represented by Adam G. Landis, Esq., and Kerri K. Mumford, Esq., at
Landis Rath & Cobb LLP; and Adam C. Harris, Esq., Robert J. Ward,
Esq., and David M. Hillman, Esq., at Schulte Roth & Zabel LLP.

Allied Systems Holdings, Inc., has changed its name to ASHINC
Corporation.

                          *     *     *

ASHINC Corporation, f/k/a Allied Systems Holdings, Inc., and its
debtor affiliates filed with the U.S. Bankruptcy Court for the
District of Delaware a joint Chapter 11 plan of reorganization,
co-proposed by the Committee and the first lien agents.

The Plan provides that certain of the Debtors' assets, the
Litigation Trust Assets, will vest in the Allied Litigation Trust,
and the remainder of the Debtors' assets, including the proceeds
from the sale of substantially all of the Debtors' assets, will
either revest in the Reorganized Debtors or be distributed to the
Debtors' creditors.


AMERICAN INT'L: Case of Former Chief Going to Trial After 11 Years
------------------------------------------------------------------
Randall Smith, writing for The New York Times, reported that more
than 11 years after civil charges were filed, New York's case
against Maurice R. Greenberg, the former chief executive of the
insurance giant American International Group, goes to trial this
week.

According to the report, the charges date to an era when Eliot
Spitzer, then the New York State attorney general, brought a
barrage of cases accusing Wall Street research analysts of biased
research, mutual fund operators of trading practices that
shortchanged average investors, and insurance brokers of
bid-rigging and kickbacks.

Mr. Greenberg and A.I.G.'s former chief financial officer, Howard
I. Smith, are accused in part of engineering bogus reinsurance
transactions in 2000 and 2001 to bolster reserves to make the
company's numbers look better to Wall Street, the report related.
They are also accused of orchestrating other transactions that
allowed A.I.G. to convert insurance losses into investment losses,
the report further related.

Now 91, Mr. Greenberg, known as Hank, has long denied the
allegations, the report said.  When the charges were brought in May
2005, he accused Mr. Spitzer of seeking to retaliate against him
for criticizing certain prosecutions, the report added.  Mr.
Spitzer had just forced the ouster of Mr. Greenberg's son Jeffrey
as chief executive of Marsh & McLennan after charging the insurance
broker with bid-rigging and kickbacks, the report said.

                           About AIG

With corporate headquarters in New York, American International
Group, Inc., is an international insurance company, serving
customers in more than 130 countries.  AIG companies serve
commercial, institutional and individual customers through
property-casualty networks of any insurer. In addition, AIG
companies are providers of life insurance and retirement services.

At the height of the 2008 financial crisis, AIG experienced a
liquidity crunch when its credit ratings were downgraded below
"AA" levels by Standard & Poor's, Moody's Investors Service and
Fitch Ratings.  AIG almost collapsed under the weight of bad bets
it made insuring mortgage-backed securities.  The Company,
however, was bailed out by the Federal Reserve, but even after an
initial infusion of $85 billion, losses continued to grow.  The
later rescue packages brought the total to $182 billion, making it
the biggest federal bailout in U.S. history.  AIG sold off a
number of its businesses and other assets to pay down loans
received from the U.S. government.


AMERICAN RAILCAR: Egan-Jones Cuts Sr. Unsec. Ratings to BB+
-----------------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured ratings
on debt issued by American Railcar Industries Inc. to BB+ from BBB-
on Aug. 24, 2016.

American Railcar Industries is an American manufacturer and
maintainer of hopper and tanker railcars, headquarterd in Saint
Charles, Missouri.



AOG ENTERTAINMENT: Court Extends Plan Filing Period to Oct. 25
--------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York extends for 60 days AOG
Entertainment, Inc., and its affiliates' exclusive filing period
through and including Oct. 25, 2016, and their exclusive
solicitation period through and including Dec. 23, 2016.

The Troubled Company Reporter on Aug. 23, 2016, reported that the
Debtors requested the Court for a 60-day extension of their
exclusivity periods out of an abundance of caution to ensure that
they have an opportunity to confirm and consummate the Plan, or if
need be, a modified plan, before the Exclusive Periods expire since
the Debtors' Disclosure Statement has been approved and the Debtors
have already commenced solicitation of votes thereto.  

                             About AOG Entertainment

CORE Entertainment Inc. and its subsidiaries own, produce, develop
and commercially exploit entertainment content.  The Company's
portfolio of world-class brands and entertainment properties
includes participation in the "IDOL"-branded shows, including
American Idol, Deutschland sucht den Superstar, Nouvelle Star and
more than fifty other franchises shown around the world, and the
popular television series "So You Think You Can Dance".  The
Company conducts its primary business activities through its
subsidiary groups, including 19 Entertainment.

CORE Entertainment Inc. and 47 other affiliates each filed a
Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos. 16-11087
to 16-11134, respectively) on April 28, 2016, two days prior to the
expiration of their forbearance agreement with (a) certain lenders
holding the requisite amount of loans under a first lien term loan
facility; and (b) Crestview Media Investors, L.P., as lender under
the first lien term loan facility and a second lien term loan
facility.  Pursuant to the Forbearance Agreements, the lenders
agreed to forbear from exercising their remedies on account of any
missed payments or certain alleged defaults under the Term Loan
Agreements.

The Debtors estimated assets and liabilities in the range of $100
million to $500 million.

The Debtors have hired Matthew A. Feldman, Esq., Paul V. Shalhoub,
Esq., and Andrew S. Mordkoff, Esq., at Willkie Farr & Gallagher LLP
as counsel, Moelis & Company, LLC as financial advisor,
PricewaterhouseCoopers LLP as auditors and tax consultants and
Kurtzman Carson Consultants LLC as claims, noticing and
administrative agent.

The cases are jointly administered under AOG Entertainment, Inc.,
Case No. 16-11090 before the Honorable Stuart M. Bernstein.

The official committee of unsecured creditors retained Zolfo
Cooper, LLC as its financial advisor; and Sheppard Mullin Richter &
Hampton, LLP as counsel.

                                   *     *     *

AOG Entertainment, Inc., et al., filed with the U.S. Bankruptcy
Court for the Southern District of New York a disclosure statement
for the Debtor's first amended joint Chapter 11 plan of
reorganization.

Holders of Class 5 General Unsecured Claims, estimated at $23.92
million, will recover 3.5%.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/nysb16-11090-250.pdf


ARCH COAL: Court Confirms Amended Plan of Reorganization
--------------------------------------------------------
Arch Coal, Inc., on Sept. 13, 2016, disclosed that, just over eight
months after filing for Chapter 11, the United States Bankruptcy
Court for the Eastern District of Missouri has confirmed its
Amended Plan of Reorganization (the "Plan").  Arch expects to
emerge from bankruptcy in early October.

"The Court's confirmation of our Plan is the final legal step in
our successful financial restructuring," said John W. Eaves, Arch's
CEO.  "We will emerge as a strong, well-positioned natural resource
company with a compelling plan for value creation.  We have
accomplished a great deal through the restructuring process and are
confident that we have established a solid foundation for long-term
success, built on our strong metallurgical and thermal franchises
and our core commitment to safety and environmental excellence.  We
thank our customers and vendors for their important support, as
well as our employees for their great dedication to Arch."

The Plan, which received overwhelming support from Arch's
creditors, incorporates and implements the terms of a global
settlement agreement the company reached with certain of its senior
secured lenders and the Official Committee of Unsecured Creditors
(the "UCC").  The Plan eliminates more than $4.7 billion in debt
from Arch's balance sheet, significantly enhancing the company's
financial flexibility.

"We appreciate the cooperation of our lenders and creditors, as
well as their advisors, who worked constructively with us to
complete Arch's financial restructuring in an expeditious and
efficient manner," Mr. Eaves said.

Davis Polk & Wardwell LLP is serving as legal advisor to Arch Coal,
and PJT Partners is serving as financial advisor.

                        About Arch Coal

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

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


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

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

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


ARCH COAL: Restructuring Plan Wins Court Approval
-------------------------------------------------
Jacqueline Palank, writing for The Wall Street Journal Pro
Bankruptcy, reported that Arch Coal Inc. on Sept. 13 secured
bankruptcy-court approval for a plan to cull nearly $5 billion in
debt from its books and emerge from chapter 11 protection.

According to the report, the U.S. Bankruptcy Court in St. Louis
confirmed Arch's chapter 11 plan of reorganization, the company
said, adding that it expects to exit bankruptcy protection in early
October.

"We have accomplished a great deal through the restructuring
process and are confident that we have established a solid
foundation for long-term success," the report said, citing Arch
Chief Executive John W. Eaves as saying in a statement.

The plan reduces Arch's debt load by about $4.7 billion and ensures
that the company will be a "lean, mean, fighting machine for the
coming era, which will remain challenging and complicated for the
U.S. coal industry," the report added, citing Arch bankruptcy
lawyer Marshall Huebner as saying.

Unsecured creditors including bondholders will get $30 million in
cash and 6% of the new shares, the report related, citing court
papers.  Bondholders also get to choose between warrants to buy up
to 12% of Arch's new common shares or $25 million in additional
cash, the report further related.  All of the stock distributions
are subject to dilution by the warrants and a management incentive
program, the report said.

The plan ultimately carried broad support from Arch creditors --
according to Mr. Huebner, more than 96% of creditors who cast
ballots on the plan voted in favor -- but drew an objection from
the U.S. Trustee, a federal bankruptcy watchdog, who opposed the
plan's liability releases for the lawyers and advisers to various
Arch creditors, the report related.  Judge Charles E. Rendlen III
overruled that objection, pointing to the consensual nature of the
plan, the report said.

WSJ also related that days before the confirmation hearing, Arch
revised its restructuring plan to include a pledge of additional
assurance of its ability to cover environmental liabilities at its
mines in Wyoming, where it is one of the biggest coal mining
companies in the Powder River Basin.

The amended plan provides for Arch, within 15 days of exiting
bankruptcy, to replace all of its self-bonds in Wyoming with bonds
backed by insurance, cash or other collateral, the report said.
Wyoming is the only state where Arch has self-bonds, the report
added, citing court papers.

                            About Arch Coal

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

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

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

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

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

                     *     *     *

Arch Coal, Inc., on July 8, 2016, disclosed that the U.S.
Bankruptcy Court for the Eastern District of Missouri has approved
the Disclosure Statement filed in connection with the company's
proposed Plan of Reorganization.  With this approval, Arch can
begin to solicit approval of the Plan from its creditors.  A
hearing to consider confirmation of the Plan by the Bankruptcy
Court is scheduled to commence on Sept. 13.


ARCH COAL: Seeks to Move Exclusive Plan Filing Period to Oct. 7
---------------------------------------------------------------
Arch Coal, Inc. and its subsidiaries request the U.S. Bankruptcy
Court for the Eastern District of Missouri Court for a 30-day
extension of its exclusive period to file a Chapter 11 plan, from
Sept. 7, 2016 to Oct. 7, 2016.

The Debtors seek this extension to ensure that their plan of
reorganization best addresses the interests of the Debtors and
their employees, creditors and estates.

The Debtors relate that since the filing of the First Exclusivity
Motion, the Debtors continue to work diligently on multiple fronts
to maintain the stability of their businesses and enhance the
profitability of their operations using the tools available to them
under the Bankruptcy Code, with a focus on maximizing creditor
recoveries, continuing to operate safe and environmentally sound
mine sites and preserving jobs and benefits for thousands of
families.

The Debtors further relate that they have also dedicated
significant time and resources, together with their advisors, to,
among other things, (a) negotiating the RSA and Plan, (b) obtaining
entry of an order approving the adequacy of the Disclosure
Statement, (c) soliciting votes on the Plan, (d) analyzing
thousands of leases and executory contracts to identify those that
are beneficial to the Debtors’ estates and should be assumed and
those that should be rejected, (e) meeting with parties who raised
formal and informal objections to various aspects of the Plan and
the Disclosure Statement and (f) responding to a multitude of
creditor, supplier and customer inquiries.                         
          

                                  About Arch Coal

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

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

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

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

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


ARIZONA ACADEMY: Hires Davis Miles as Counsel
---------------------------------------------
Arizona Academy of Science and Technology, Inc., seeks
authorization from the U.S. Bankruptcy Court for the District of
Arizona to employ Davis Miles McGuire Gardner, PLLC as counsel for
the Debtor.

The Debtor requires Davis Miles to:

    a. advise the Debtor as to its rights, duties, and powers as
debtor in possession;

    b. prepare and file statements, schedules, plans, and other
documents and pleadings necessary to be filed by the Debtor in this
case

    c. represent the Debtor at all hearings, meetings of creditors,
conferences, trials, and other proceedings in this case; and

    d. perform other legals services as may be necessary in
connection with this case.

Davis Miles will be paid at these hourly rates:

     Partner                    $380
     Associate                  $240
     Paralegal                  $125  

Aubrey L. Thomas, Esq., attorney of the law firm of Davis Miles
McGuire Gardner, PLLC, assured the Court that the firm does not
represent any interest adverse to the Debtor and its estates.

Davis Miles may be reached at:

     Aubrey L. Thomas, Esq.
     Davis Miles McGuire Gardner, PLLC
     9 W. Cherry Avenue, Suite B
     
     Flagstaff, AZ 86001
     
     Tel: 928-779-1173
     
     Fax: 877-715-7366
     E-mail: athomas@davismiles.com

         About Arizona Academy of Science and Technology, Inc.

Arizona Academy of Science and Technology, Inc. filed a Chapter 11
bankruptcy petition (Bankr. D.Ariz. Case No. 16-09573) on August
18, 2016. Hon. Scott H. Gan presides over the case. Davis Miles
McGuire Gardner, PLLC represents the Debtor as counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by Grant Creech, director.



ARMADA WATER: Wants Plan Filing Period Moved To January 2017
------------------------------------------------------------
Armada Water Assets, Inc. and its subsidiaries request the U.S.
Bankruptcy Court for the Southern District of Texas to extend the
exclusive periods to file and solicit acceptance of a plan to
January 18, 2017 and March 20, 2017, respectively.

The Debtors seek for an expedited relief because they learned of
two new issues that require additional time to draft and file a
plan, to wit:

     (a) the discovery of an alleged Joint Development Agreement
with RecyClean Consulting Services, Inc., and

     (b) the United States Trustee's appointment of an Official
Committee of Unsecured Creditors two weeks ago.

The Counsel to the Debtors, and indeed all of the Debtors' officers
and directors with the exception of the former CFO Sami Ahmad, were
unaware of the executed Recyclean JDA until after the recent
section 341 meeting.  The Recyclean JDA could impact the new
technology that is a component of the Debtors' contemplated plan
for which the Debtors must investigate before filing their plan.
The Debtors and Recyclean are discussing options, but are unlikely
to resolve the issue before September 20, 2016.

The Debtors intend to work with counsel for the Committee toward
the goal of filing a consensual plan with respect to the recent
appointment of a Committee. The Debtors believe that given the
delayed appointment, the Debtors and the Committee will probably
not complete negotiations before September 20, 2016.

                    About Armada Water Assets

Armada Water Assets, Inc., and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Texas Lead
Case No. 16-60056) on May 23, 2016.  The petition was signed by Tom
Breen, chief restructuring officer.

The cases are pending joint administration before Judge David R.
Jones under proposed Lead Case No. 16-60056.

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

The U.S. Trustee for the Southern District of Texas, on Aug. 18
appointed two creditors of Armada Water Assets, Inc., et al., to
serve on the official committee of unsecured creditors. The
committee members are: Pac-Van, Inc., and M & M Excavation Inc.


AT HOME: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
------------------------------------------------------------
S&P Global Ratings said that it assigned its 'B' corporate credit
rating to Plano, Texas–based home decor retailer At Home Group
Inc.  The outlook is stable.

S&P raised its existing corporate credit rating on subsidiary At
Home Holding III Inc. to 'B' from 'B-' and subsequently withdrew
the rating, given S&P rates the company on a consolidated basis at
At Home Group Inc.

In addition, S&P raised its issue-level rating on the $300 million
($296 million outstanding) first-lien term loan to 'B' from ''B-'.
The recovery rating remains '3', indicating S&P's expectation for
meaningful recovery of principal in the event of a payment default
at the low end of the 50% to 70% range.

S&P does not rate the company's revolver and second-lien term
loan.

The upgrade reflects S&P's expectation for stronger EBITDA margins
and profitability as At Home continues to pursue its large-format,
high SKU-count store base expansion focusing on maintaining its
warehouse-like low service business model in the coming year.  In
S&P's view, increased marketing efforts, the successful rebranding
of the store base, and a focus on annually refreshed, mostly
private label merchandise at everyday low prices have been
successful with its customers.  This is evidenced by healthy 4%
comparable sales growth and 25% revenue growth last year, as well
as EBITDA margins in the low 20% range, well ahead of home
furnishing peers.

S&P also believes At Home has been taking market share from larger
peers such as Pier 1 Imports, smaller format stores, and
independent and discount retailers.  The company has achieved
strong operating results despite high overall competitive pressure
in the home decor and furniture sector given the expansion of
HomeGoods stores, and online competition from Amazon and Wayfair.

That said, S&P continues to see execution risks in the company's
continued aggressive growth and accompanying high planned capital
expenditures, dependence on continued sale leasebacks or mortgages
to maintain positive free cash flow, and articulated strategy of
limited e-commerce presence.  Additionally, although growing, At
Home still represents a negligible market share in the widely
fragmented home decor space.

Specific assumptions in S&P's forecast for fiscal 2016 include:

   -- S&P Global Ratings now expects the economy to grow by 2.0%
      in 2016 and 2.4% in 2017, with U.S. real GDP and consumer
      spending remaining in the low-single-digit area;

   -- Revenue growth of around 18% in 2016 and 17% in 2017 given
      S&P expects same store sales growth in the low single digits

      in the coming year, with the company adding 22 and 24 net
      new stores respectively in 2016 and 2017;

   -- Adjusted EBITDA margins improve to 24% in 2016 and then
      soften to 23.7% in 2017 as the company increases its
      investments in personnel and marketing and improves its
      direct sourcing capabilities; and

   -- No dividends or share repurchases.

S&P expects negative free operating cash flow of about $20 million
in 2016, offset with more than $70 million of net proceeds
contracted from sale leasebacks in 2016.  S&P expects the company
to use proceeds to repay borrowings under the ABL facility and to
further invest in new store development.

Offsetting this is a notable improvement in credit metrics given
management's commitment to repay debt with IPO proceeds, with
leverage declining to 5.1x in the year ending January 2017 from
6.5x at the end of fiscal 2015.  S&P projects debt leverage
declining to the mid-to high 4.0x in 2017, funds from operations to
total debt (FFO/TD) in the 10% to 13% range, and EBITDA interest
coverage ratio to remain above 3.0x by the end of fiscal 2017.

Post the IPO, financial sponsor ownership of At Home by AEA
Investors and Starr Investment Holdings still remains high at 85%
and the private equity sponsors will continue to exercise
significant influence over financial and business policies.

The stable outlook on At Home reflects S&P's expectation that the
company's unique physical store expansion format, diverse SKU
count, and everyday low prices will continue to attract customers
in the coming year.  However, S&P remains cautious about the
company's aggressive store growth plans, high capital investments,
and lack of meaningful e-commerce presence.

S&P would lower the ratings if At Home is unable to manage growth
on a leverage neutral basis, whether from margin dilutive
e-commerce expansion or from traffic and average ticket declines
that prompt additional promotional selling.  This would result in a
slowdown of revenue growth to below 14%, gross and EBITDA margin
declines of more than 200 basis points, and a leverage increase to
the low-to mid 5.0x in the 2017 period.  S&P would also consider a
lower rating in the event of a sponsor-led debt-financed
transaction.

S&P could raise the rating if the company improves its operating
performance ahead of S&P's expectations through continued strong
top line performance and gross and EBITDA margin expansion of more
than 80 basis points, leading to a decline in leverage to mid- to
high-4x on a sustained basis.  Positive free operating cash flows,
application of asset sales proceeds to debt reduction, and a
further decrease in financial sponsor ownership would also
demonstrate the sustainability of an improved financial risk
profile in the coming year.


AV HOMES: Egan-Jones Hikes Sr. Unsec. Debt Ratings to B
-------------------------------------------------------
Egan-Jones Ratings Company raised the senior unsecured ratings on
debt issued by AV Homes Inc. to B from CCC+ on Aug. 24, 2016.

AV Homes, Inc. engages in the homebuilding and community
development businesses in Florida, Arizona, and the Carolinas
markets.



B&B REAL ESTATE: Hires Michael Baxter as Real Estate Agent
----------------------------------------------------------
B&B Real Estate General Partnership seeks authorization from the
U.S. Bankruptcy Court for the Middle District of Pennsylvania to
employ Michael Baxter & Associates Commercial Real Estate and
Property Management as real estate agent.

The Debtor requires Michael Baxter to:

      a. provide the Debtor-in-Possession with sales and rental
advice with respect to the available rental space of Debtor;

      b. prepare the necessary paperwork and contracts, including
listing contract and rental/lease agreement;

      c. show the property to potential tenants, marketing the
property and otherwise promoting the property to the general public
in order to procure a tenant for the property;

Michael Baxter & Associates will be paid a commission of 7% of the
monthly rental amount.

Joseph C. Baxter, real estate agent of Michael Baxter & Associates
Commercial Real Estate and Property Management, assured the Court
that the firm does not represent any interest adverse to the Debtor
and its estates.

Michael Baxter may be reached at:

       Joseph C. Baxter
       Michael Baxter & Associates Commercial Real Estate and    
       Property Management
       1992 W. Main St.
       Stroudsburg, PA 18360

                    About Turnkey Products, LLC

B & B Real Estate General Partnership  filed a Chapter 11
bankruptcy petition (Bankr. M.D.PA. Case No. 16-02183) on May 23,
2016. Hon. Robert N. Opel II presides over the case. Law Office of
Philip W. Stock represents the Debtor as counsel.

In its petition, the Debtor estimated $1.51 million in assets and
$2.01  million in liabilities. The petition was signed by Robert C.
Bishop, general partner.



B5 INC: 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 B5, Inc.

                        About B5 Inc.

B5, Inc. dba "Spectrum Builders", based in Mesa, Ariz., filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 16-08760) on July 29,
2016.  Hon. Madeleine C. Wanslee presides over the case.  Thomas G.
Luikens, Esq. serves as Chapter 11 bankruptcy counsel for the
Debtor.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities.  The petition was signed
by Christopher J. Brown, president.


BIOANALYTICAL SYSTEMS: Defaults on Huntington Bank Credit Line
--------------------------------------------------------------
Bioanalytical Systems, Inc., filed its quarterly report on Form
10-Q, disclosing a net loss of $433,000 on $5.05 million of total
revenue for the three months ended June 30, 2016, compared with a
net income of $1.48 million on $6.15 million of total revenue for
the same period in the prior year.

The Company's balance sheet at June 30, 2016, showed $23.51 million
in total assets, $14.04 million in total liabilities, and a
stockholders' equity of $9.47 million.

The Company is currently in default of its credit arrangements and
Huntington Bank has reserved all rights with respect to its
default.  The Company's liquidity circumstances, including the
potential inability to find replacement financing, raise
substantial doubt about the Company's ability to continue as a
going concern, and management has and will continue to take
measures to mitigate that possibility.

The Company is engaged in exploring initiatives to address
solutions to its liquidity issues, which include the evaluation and
pursuit of various sources of financing, including a sale and
leaseback of the West Lafayette facility.  Management is also
undergoing a detailed review of all current account management and
acquisition strategies and market programs and has introduced new
initiatives designed to increase revenue around focused strength
areas.  

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/iL4SEA

Bioanalytical Systems, Inc., is an international contract research
organization based in West Lafayette, Indiana.  The Company's
clients and partners include pharmaceutical, biotechnology,
academic and governmental organizations.



BIOLARGO INC: Recurring Losses Raises Going Concern Doubt
---------------------------------------------------------
Biolargo, Inc., filed its quarterly report on Form 10-Q, disclosing
a net loss of $1.67 million on $38,986 of revenue for the three
months ended June 30, 2016, compared with a net loss of $1.30
million on $15,611 of revenue for the same period in 2015.

The Company's balance sheet at June 30, 2016, showed $1.02 million
in total assets, $1.45 million in total liabilities, and a
stockholders' deficit of $428,332.

The Company had a net loss of $3,312,728 for the six-months ended
June 30, 2016, and an accumulated stockholders' deficit of
$87,266,592 as of June 30, 2016.  The foregoing factors raise
substantial doubt about the Company's ability to continue as a
going concern.  Ultimately, the Company's ability to continue as a
going concern is dependent upon its ability to attract significant
new sources of capital, attain a reasonable threshold of operating
efficiencies and achieve profitable operations by licensing or
otherwise commercializing products incorporating its technologies.


As of June 30, 2016, the Company had $3,795,502 principal and
interest amount outstanding due on convertible notes payable that
are payable into shares of its common stock at its option on the
June 1, 2018 maturity date.  The Company also had $303,551
principal and interest amount outstanding due on letter of credit
that are payable December 1, 2017.  Additionally, the Company had
$293,063 of accounts payable and accrued expenses

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/LZaFSp

BioLargo, Inc., is a provider of platform technologies.  The
Company's products are used to eliminate contaminants that threaten
the water, health and quality of life.  Its technology has
commercial applications within several industries.  The Company
focuses on four areas: water treatment; industrial odor control
applications; commercial, household and personal care products
(CHAPP), and advanced wound care.  Its AOS Filter combines iodine,
water filter materials and electrolysis within a water filter
device.  It generates oxidation potential in order to oxidize and
breakdown or otherwise eliminate, soluble organic contaminant,
which are found in contaminated water.


BRYAN FORESEE: Disclosures Okayed; Plan Hearing on Oct. 12
----------------------------------------------------------
The Hon. Ben Barry of the U.S. Bankruptcy Court for the Western
District of Arkansas has approved Bryan D. Foresee and Tracie J.
Foresee's disclosure statement dated July 19, 2016, describing the
Debtors' Chapter 11 plan.

A hearing to consider the confirmation of the Plan will be held at
9:00 a.m. on Oct. 12, 2016.

Oct. 7, 2016, is fixed as the last day for returning ballots
accepting or rejecting the Plan.

Bryan D. Foresee and Tracie J. Foresee filed for Chapter 11
bankruptcy protection (Bankr. W.D. Ark. Case No. 16-71479) on June
21, 2016.  Donald A. Brady, Jr., Esq., at AADR serves as the
Debtor's bankruptcy counsel.


C-N-T REDI MIX: Unsecureds To Recover 40% Under Plan
----------------------------------------------------
C-N-T Redi Mix, LLC, filed with the U.S. Bankruptcy Court for the
Northern District of Texas a disclosure statement describing the
Debtor's Chapter 11 plan.

Under the Plan, allowed Class 7 Unsecured Claims specifically
include any claims of Ibis Capital and, based upon the Debtor's
schedules, will be approximately $525,000.  The recovery to
unsecured creditors is estimated to be 40%.  The Class 7 creditors
are impaired under this Plan.

The unsecured creditors will share pro-rata in the unsecured
creditor's pool.  The Debtor will pay $3,500 per month for a period
of 60 months into the unsecured creditors pool.  The unsecured
creditors will be paid quarterly on the last day of each calender
quarter.  Payments to the unsecured creditors will commence on the
last day of the first full calender quarter
after the Effective Date.  

The Debtor anticipates using the on-going business income of the
Debtor to fund the Plan.  All payments under the Plan will be made
through the disbursing agent.

A copy of the disclosure statement is available at:

            http://bankrupt.com/misc/txnb16-30274-43.pdf

The Plan was filed by:

     Eric A. Liepins, Esq.
     Eric A. Liepins, P.C.
     12770 Coit Road, Suite 1100
     Dallas, Texas 75251
     Phone: (972) 991-5591
     Fax: (972) 991-5788
     E-mail: eric@ealpc.com

                      About C-N-T Redi Mix

C-N-T Redi Mix, LLC, which sells concrete and concrete supplies in
Dallas, Texas, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Tex. Case No. 16-30274) on Jan. 20, 2016.  

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of $500,001 to $1 million.


CALIFORNIA RESOURCES: S&P Raises CCR to CCC+, Outlook Negative
--------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Los
Angeles-based exploration and production company California
Resources Corp. to 'CCC+' from 'SD'.  The outlook is negative.

The issue-level and recovery ratings on the company's debt are
unchanged.

"We raised the corporate credit rating on CRC to reflect our
reassessment of its credit profile following the tender for its
senior unsecured notes," said S&P Global Ratings credit analyst
Paul Harvey.  "The rating reflects our expectation that debt
leverage will remain at what we consider unsustainable levels over
the next 24 months despite the net-debt reduction of about $625
million from the tender," he added.

In addition, given its still high debt levels and continued weak
crude oil prices, S&P views the cushion to financial maintenance
covenants under its credit facility to be narrow.  This largely
offsets cost-cutting initiatives and CRC's ability to significantly
reduce capital spending while limiting near-term production
declines relative to the limited spending.

The negative outlook reflects CRC's still high debt levels and
leverage that S&P considers unsustainable combined with liquidity
that is limited by financial maintenance covenants and the
potential for negative borrowing base revisions if crude oil prices
fail to sustain the recent upward trend.

S&P could lower ratings if it reassessed CRC's liquidity as weak or
S&P expected interest coverage to fall below 1x.  Both scenarios
are likely within the next 12 months if crude oil prices
significantly fall below S&P's price assumptions.  Additionally,
S&P could lower ratings if CRC fails to proactively address
potential covenant violations expected in 2018.

S&P could return the rating outlook to stable if CRC can address
the 2019 maturity of its first-lien first-out term loan and credit
facility while maintaining adequate liquidity and improving
financial measures.


CARDIAC SCIENCE: Houlihan Can't Unilaterally Waive Consent
----------------------------------------------------------
Judge Robert D. Martin of the United States Bankruptcy Court for
the Western District of Wisconsin held that Houlihan Lokey Capital,
Inc., does not have the right to unilaterally waive the consent
provision contained in the contract with Cardiac Science
Corporation.

Debtor CS Estate, Inc.'s predecessor, Cardiac Science Corporation,
negotiated with Houlihan regarding Cardiac's engagement of Houlihan
as Cardiac's investment banker.  On August 25, 2015, the parties
each signed the contract setting forth the terms of Houlihan's
engagement.  Two months later, after Cardiac was acquired by new
owners, Cardiac's new president sent Houlihan a letter denying that
a contract had ever existed, and, if it had, terminating it.
Houlihan responded, defended the contract and claimed it was owed
professional fees which had not been paid.  Cardiac filed its
bankruptcy petition four days later.

CS Estate filed an objection to Houlihan's claim as creditor.
After a preliminary hearing, the parties filed a stipulation
requesting a ruling as a matter of law on three issues: (1) the
choice of law to be applied in interpreting the contract; (2)
whether the consent provision is a condition precedent to the
formation and enforceability of the contract, such that the
stipulated failure to obtain the executed consent rendered the
contract null and void; and (3) whether Houlihan could unilaterally
waive the consent provision.

Judge Martin held that under either of the choice-of-law
approaches, the court must consider what state has the most
significant contacts with the contract.  No argument has been put
forth that Wisconsin does not have the most significant contacts.

Judge Martin also found that the plain language of the contract
imposes a condition precedent to the formation of the contract.
The judge explained that the only purpose of the contract was to
gain the performance of Houlihan, so conditioning all that
performance on consent of DBS Bank Ltd., conditioned the existence
of the contract on that consent.

Lastly, because it appears that the consent provision is a
condition precedent to formation, Judge Martin concluded that
Houlihan does not have the right to unilaterally waive the
condition.

The reference to the bankruptcy court was also withdrawn in part.

A full-text copy of Judge Martin's August 22, 2016 memorandum
decision is available at https://is.gd/gCNOR1 from Leagle.com.

CS Estate, Inc. is represented by:

          Frank W. DiCastri, Esq.
          Daryl L. Diesing, Esq.
          Lindsey M. Greenawald, Esq.
          HUSCH BLACKWELL LLP
          33 East Main Street, Suite 300
          Madison, WI 53701-1379
          Tel: (608)255-4440
          Fax: (608)258-7138
          Email: frank.dicastri@huschblackwell.com
                 daryl.diesing@huschblackwell.com
                 lindsey.greenawald@huschblackwell.com

            -- and --

          Craig E. Johnson, Esq.
          GARDEN CITY GROUP, LLC
          1985 Marcus Ave.
          Lake Success, NY 11042
          Tel: (800)327-3664
          Email: craig.johnson@gardencitygroup.com

            -- and --

          Timothy H. Posnanski, Esq.
          Iana Vladimirova, Esq.
          WHYTE HIRSCHBOECK DUDEK S.C.
          555 East Wells Street, Suite 1900
          Milwaukee, WI 53202-3819
          Tel: (414)273-2100
          Fax: (414)223-5000
          Email: timothy.posnanski@huschblackwell.com
                 iana.vladimirova@huschblackwell.com

U.S. Trustee's Office, U.S. Trustee, is represented by:

          Mary R. Jensen, Esq.
          Debra L Schneider, Esq.
          OFFICE OF THE U.S. TRUSTEE
          780 Regent Street, Suite 304
          Madison, WI 53715
          Tel: (608)264-5522
          Fax: (608)264-5182

Official Committee of Unsecured Creditors of Cardiac Science
Corporation, Creditor Committee, is represented by:

          Shelly A. DeRousse, Esq.
          Devon J. Eggert, Esq.
          Elizabeth L. Janczak, Esq.
          FREEBORN & PETERS LLP
          Email: sderousse@freeborn.com
                 deggert@freeborn.com
                 ejanczak@freeborn.com

                      About Cardiac Science

Headquartered in Waukesha, Wisconsin, Cardiac Science Corporation
develops, manufactures and sells a variety of advanced diagnostic
and therapeutic cardiology devices and systems, including automated
external efibrillators, hospital defibrillators and related
products and consumables.

Cardiac Science filed Chapter 11 bankruptcy petition (Bankr. W.D.
Wis. Case No. 15-13766) on Oct. 20, 2015.  The petition was signed
by Michael Kang as chief restructuring officer.

Judge Robert D. Martin presides over the case.

The Debtor disclosed total assets of $45,335,596 plus an
undetermined amount and $104,715,678 plus an undetermined amount
as of the Chapter 11 filing.  Celestica Electronics (M) SDN BHD is
the Debtor's largest unsecured creditor holding a claim of $2.5
million.  CFS 915 LLC is the largest creditor of the Debtor, and
its $87 million prepetition loan is secured by substantially all
of the Debtor's assets.  CFS has agreed to provide $10 million in
postpetition financing for the Debtor.

The Debtor has engaged Whyte Hirschboeck Dudek S.C. as bankruptcy
counsel, Livingstone Partners LLC as investment banker and Garden
City Group, LLC as notice and claims agent.

In October 2015, the Office of the U.S. Trustee appointed seven
creditors to the official committee of unsecured creditors.  The
committee is represented by Freeborn & Peters LLP.

                         *     *      *

The Debtor on Jan. 8, 2016 won approval from the Bankruptcy Court
to sell substantially all of its assets to CFS 915 LLC.  The sale
closed on Jan. 25.  As required by the parties Asset Purchase
Agreement, the Debtor changed its name from "Cardiac Science
Corporation" to "CS Estate, Inc."  The Debtor filed a corresponding
motion to amend the case caption to reflect the name change.


CC SPORTS: Unsecureds To Recover at Least 10% Under Plan
--------------------------------------------------------
CC Sports Injury LLC filed with the U.S. Bankruptcy Court for the
Western District of Washington an amended disclosure statement
describing the Debtor's Chapter 11 plan.

Under the Plan, Class 1 General Unsecured Claims are impaired and
holders of the claims will be paid quarterly no less than 10% of
allowed amount of claim over five years commencing October 2016 or
as soon as practicable thereafter following confirmation on or
within 90 days after confirmation.

The plan proponent believes there will be cash on hand on the
effective date of the Plan to commence payments on the effective
date of the Plan to pay at least in part the administrative claims
that are entitled to be paid on that date.

The plan payments will be made by direct payments by the Debtor,
and the Debtor has both office staff assistance and an accounting
to successfully implement and continue regular monthly payments
under the Plan.  The Plan Proponent must show that it will have
enough cash flow over the life of the Plan to make the required
plan payments.  The plan proponent has provided projected financial
information as an Exhibit to this Disclosure Statement.

Payments and distributions under the Plan will be funded by the
Debtor's usual and normal medical practice.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/wawb15-16111-48.pdf

CC Sports Injury LLC is a Washington Limited Liability Company that
was formed in February 2007 by its owner, Sean Salazar, a
Chiropractic Physician.  Dr. Salazar practices chiropractic
medicine, and his patients include but are not limited to persons
suffering from various conditions of the spine, back injuries,
sports injuries, and car accident injuries.

CC Sports filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Wash. Case No. 15-16111) on Oct. 13, 2015.  Patrick H Brick, Esq.,
serves as the Debtor's counsel.


CENTRAL GARDEN: Egan-Jones Hikes Sr. Unsec. Debt Ratings to BB-
---------------------------------------------------------------
Egan-Jones Ratings Company raised the senior unsecured ratings on
debt issued by Central Garden & Pet Co to BB- from B+ on August 22,
2016.

Central Garden & Pet Company is an innovator, marketer and producer
of quality branded products for the lawn & garden and pet supplies
markets.



CHRISTOPHER PAYNE: Employs Olson Nicoud & Gueck as Attorney
-----------------------------------------------------------
Christopher Anthony Payne and Alyce Rygiel Payne seek permission
from the U.S. Bankruptcy Court for the Eastern District of Texas to
employ Olson Nicoud & Gueck, L.L.P., as their attorney of record.

As attorney, Olson Nicoud will:

   a. advise Applicants with respect to their rights, powers,
      duties, and obligations as Debtors-in-Possession;

   b. prepare pleadings, applications, and conduct examinations
      incidental to administration;

   c. advise and represent Applicants in connection with all
      contested matters and adversary proceedings;

   d. review, classify, and negotiate or litigate claims of
      creditors in this case;

   e. advise and assist the Applicants in the formulation and
      presentation of a Disclosure Statement and Plan of
      Reorganization; and

   f. perform any and all other legal services incident and
      necessary.

Professional fees will be billed at the hourly rates between $175
and $400.  Attorneys or legal assistants will be billed at the rate
commensurate with the experience, education and training of those
persons.

The Debtors state that Olson Nicoud has received no retainer from
them.  Dennis Olson, Esq., will be paid $400 per hour as approved
by the Court.

Dennis Olson, Esq., a partner at Olson Nicoud, assures the Court
that does not hold or represent any interest adverse to the estate
of the Debtor.

The Firm can be reached at:

          Dennis Olson, Esq.,
          OLSON NICOUD & GUECK, LLP
          10440 N. Central Expwy., Suite 1100
          Dallas, TX 75231
          Telephone: (800) 708-7716
          Facsimile: (214) 979-7301
          E-mail: denniso@dallas-law.com

Christopher Anthony Payne and Alyce Rygiel Payne filed Chapter 11
bankruptcy petition (Bankr. E.D. Tex. Case No. 16-41533) on August
30, 2016.  Dennis Olson, Esq., at Olson Nicoud & Gueck, LLP, serves
as the Debtors' counsel.



CLAIRE'S STORES: Appoints SVP & Chief Financial Officer
-------------------------------------------------------
Claire's Stores, Inc. has appointed Scott Huckins to serve as its
executive vice president and chief financial officer, effective
Oct. 5, 2016.  Mr. Huckins, 49, succeeds Per J. Brodin as the
Company's principal financial officer.

Mr. Huckins served as vice president and corporate treasurer of
Sears Holdings Corporation from June 2012 through September 2016.
From February 2010 to May 2012, Mr. Huckins was vice president and
treasurer of RSC Holdings, Inc.  Mr. Huckins served as principal of
Pioneer Advisors from September 2008 to January 2010.  From
February 2001 to September 2008, Mr. Huckins served in various
roles at Koch Industries, Inc. and affiliated companies, including
serving as president and chief executive officer of Koch Financial
Products, LLC, chief financial officer of Koch's Capital Markets
Division, corporate treasurer of Koch, and chief financial officer
of a wholly-owned Koch Portfolio Company.  Prior to Koch, Mr.
Huckins served as vice president of Capital Markets and director of
Strategic Planning at FINOVA Capital Corporation from June 1994 to
January 2001 where he focused on asset securitizations.  Mr.
Huckins has a B.S. in Finance from Arizona State University and MBA
from Northwestern University's J.L. Kellogg Graduate School of
Management.

In connection with his appointment as executive vice president and
chief financial officer, Mr. Huckins and the Company entered in an
offer letter dated as of Sept. 2, 2016.  Pursuant to the terms of
the Offer Letter, Mr. Huckins will receive an annual base salary of
$500,000, a one-time sign on bonus of $50,000, and an annual target
bonus of 60% of his base salary.  The actual amount of the bonus
will depend upon the achievement of certain annual performance
objectives.  With respect to the fiscal year ending January 28,
2017, Mr. Huckins will receive a minimum annual bonus of $100,000
if he is employed on Jan. 28, 2017.

Mr. Huckins will be granted an option for 150,000 shares of the
common stock of Claire's Inc., the corporate parent of the Company,
which will vest at the rate of 25% per year subject to continued
employment.  Mr. Huckins will also be eligible to participate in
Company's stock option grant program after a two-year waiting
period.

In the event Mr. Huckins' employment is terminated by the Company
without cause or by him for good reason, Mr. Huckins would also be
entitled to receive a severance payment equal to 12 months of his
base salary, pro-rated annual incentive plan bonuses, and
reimbursement for premiums for continued health benefits for the
length of the severance period.

Mr. Huckins is also subject to customary restrictive covenants,
such as non-competition, non-solicitation and non-disclosure,
during his employment and for the greater of the period during
which Mr. Huckins receives severance payments or a period of 12
months following the termination of his employment.

                    About Claire's Stores

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

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

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

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

                           *     *     *

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

As reported by the TCR on Aug. 22, 2016, S&P Global Ratings lowered
its corporate credit rating on Florida-based Claire's Stores Inc.
to 'CC' from 'CCC-' and placed it on CreditWatch with negative
implications.


CLEAR CREEK RETIREMENT: To Sell Real Property to NDA Under Plan
---------------------------------------------------------------
Clear Creek Retirement Plan II, LLC, filed with the U.S. Bankruptcy
Court for the Western District of Washington a second disclosure
statement describing the Debtor's Chapter 11 plan.

The hearing to consider the adequacy of the Disclosure Statement
will be held Sept. 14, 2016, at 9:00 a.m.

Under the Plan, the Debtor intends to sell substantially all real
property of the estate to NDA, LLC, a Washington limited liability
company, free and clear of all liens and interests.  In addition to
the sale free and clear, the Plan contemplates transferring any of
the Debtor's remaining unsold assets to a liquidating trust.  The
trust would then attempt to monetize the assets and from the
proceeds make distributions to, among others, creditors who hold
allowed unsecured claims.

Holders of Class 3 General Unsecured Claims include, among others,
vendors with trade debt and lienholders whose collateral is worth
too little to secure their claim.  Subject to the availability of
distributable funds, unsecured claimants would be paid by a
liquidating trust on an annual basis based on their pro rata share
of the trust property after secured claims have been paid.  This
class is impaired and may vote on the Plan.

The Second Disclosure Statement is available at:

          http://bankrupt.com/misc/wawb16-40547_122.pdf

                       About Clear Creek

Rusty Fields formed Washington limited liability company Clear
Creek Retirement Plan II LLC on Nov. 8, 2011.  The sole purpose was
to acquire real property in Williston, North Dakota and to hold it
for resale or to develop it for residential housing. This
development is known commonly as the "Ironwood" subdivision and
includes thirty-two single-acre residential building lots.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Western District of
Washington (Tacoma) (Bankr. W.D. Wash., Case No. 16-40547) on Feb.
12, 2016.  The petition was signed by Rusty D. Fields, manager.

The Debtor is represented by John R. Rizzardi, Esq., at Cairncross
& Hempelmann, P.S.  The case is assigned to Judge Brian D. Lynch.

The Debtor disclosed total assets of $9.88 million and total debts
of $8.56 million.


COMMUNITY HOME: Ch. 11 Trustee Granted Over $19K Interim Payment
----------------------------------------------------------------
Judge Edward Ellington of the United States Bankruptcy Court for
the Southern District of Mississippi granted Kristina M. Johnson,
trustee of Community Home Financial Services, Inc., an interim
compensation in the amount of $19,750.

The Trustee filed on August 21, 2015, a supplement to her first
application for interim compensation as Community Home's Chapter 11
trustee, seeking the statutory maximum compensation of $19,750.50.
The supplement is for the time period of January 1, 2015, through
June 30, 2015.

Edwards Family Partnership, LP, and Beher Holdings Trust's Limited
Objection to the Supplement to Trustee's First Application for
Interim Compensation as the Chapter 11 Trustee of Community Home
Financial Services, Inc., was filed on September 11, 2015.  In its
Objection, Edwards does not object to the Trustee's statutory
compensation per se.  Rather, Edwards asserts that the "[a]ny
compensation should apply against all trustee work regardless of
whether the Trustee seeks compensation for her or her law firm as
attorneys for the trustee for trustee work."  Further, Edwards
requests "that the Court deny the application to the extent it
seeks to limit the pending objection of [Edwards] to Jones Walker's
fee application.  To the extent the application related to trustee
work only, [Edwards does] not object; however, they do object to
any payment of those fees at this time for the reasons stated
herein."

Judge Ellington found that the trustee is entitled to the requested
interim award of compensation.

Since Edwards is not objecting to the stated disbursements or the
Trustee's calcuations, the Court finds that the Trustee is entitled
to an interim award of compensation.  "Interim fee awards are not
final determinations intended to put a matter to rest.  Rather,
they are interlocutory and reviewable, and are intended only to
provide some interim relief from the economic hardships of
subsidizing litigation," the judge said, citing Continental Ill.
Nat'l Bank & Trust Co. of Chicago v. Charles N. Wooten, LTD. (In re
Evangeline Refining Co.), 890 F.2d 1312, 1322 (5th Cir. 1989).
Consequently, the Court finds that the Trustee should be granted
interim compensation in the amount of $19,750.50.  To the extent
the Court has not addressed any of the parties' other arguments or
positions, it has considered them and determined that they would
not alter the result.

A full-text copy of Judge Ellington's September 9, 2016 order is
available at http://bankrupt.com/misc/mssb12-01703-1467.pdf

                 About Community Home Financial

Community Home Financial Services, Inc., filed a Chapter 11
petition (Bankr. S.D. Miss. Case No. 12-01703) on May 23, 2012.
The petition was signed by William D. Dickson, president.

Community Home Financial is a specialty finance company located in
Jackson, Mississippi, providing contractors with financing for
their customers.  CHFS operates from one central location providing
financing through its dealer network throughout 25 states, Alabama,
Delaware, and Tennessee.  The Debtor scheduled $44.9 million in
total assets and $30.3 million in total liabilities.  Judge Edward
Ellington presides over the case.

The Debtor was first represented by Roy H. Liddell, Esq., and
Jonathan Bissette, Esq., at Wells, Marble, & Hurst, PPLC as Chapter
11 counsel.  Wells Marble was terminated Nov. 13, 2013.

The Debtor is now being represented by Derek A. Henderson, Esq., in
Jackson, Miss.  In 2013, the Debtor sought to employ David Mullin,
Esq., at Mullin Hoard & Brown LLP, as special counsel.

On Jan. 9, 2014, Kristina M. Johnson was appointed as Chapter 11
Trustee for the Debtor.  Jones Walker LLP serves as counsel to the
Chapter 11 trustee, while Stephen Smith, C.P.A., acts as
accountant.


COMMUNITY HOME: Ch. 11 Trustee Granted Over $68K Interim Payment
----------------------------------------------------------------
Judge Edward Ellington of the United States Bankruptcy Court for
the Southern District of Mississippi granted the Trustee an interim
compensation in the amount of $68,905.75.

Kristina M. Johnson, trustee of Community Home Financial Services,
Inc., filed on February 20, 2015 her first application for interim
compensation as Community Home's Chapter 11 trustee, seeking the
statutory maximum compensation of $68,905.75.  The first trustee
application is for the time period of January 16, 2014, through
December 31, 2014.

Edwards Family Partnership, LP, and Beher Holdings Trust's Response
to the Trustee's Application for Interim Compensation as the
Chapter 11 Trustee of Community Home Financial Services, Inc., was
filed on March 16, 2015.  In its Objection, Edwards does not object
to the Trustee's statutory compensation per se.  Rather, Edwards
asserts that the "[a]ny compensation awarded as a result of this
application should be compensation for all trustee work performed,
regardless of whether the Trustee performed the work herself or
delegated it to others -- in this case paralegals and lawyers in
her law firm -- to perform."  Further, Edwards requests "that the
Court deny the application to the extent it seeks to limit the
pending objection of [Edwards] to Jones Walker's fee application.
To the extent the application seeks compensation for all trustee
work performed (regardless of who performed it), [Edwards does] not
object."

Since Edwards is not objecting to the stated disbursements or the
Trustee's calcuations, the Court finds that the Trustee is entitled
to an interim award of compensation.  "Interim fee awards are not
final determinations intended to put a matter to rest.  Rather,
they are interlocutory and reviewable, and are intended only to
provide some interim relief from the economic hardships of
subsidizing litigation," the judge said, citing Continental Ill.
Nat'l Bank & Trust Co. of Chicago v. Charles N. Wooten, LTD. (In re
Evangeline Refining Co.), 890 F.2d 1312, 1322 (5th Cir. 1989).
Consequently, the Court finds that the Trustee should be granted
interim compensation in the amount of $68,905.75.

A full-text copy of Judge Ellington's September 9, 2016 order is
available at http://bankrupt.com/misc/mssb12-01703-1465.pdf

                 About Community Home Financial

Community Home Financial Services, Inc., filed a Chapter 11
petition (Bankr. S.D. Miss. Case No. 12-01703) on May 23, 2012.
The petition was signed by William D. Dickson, president.

Community Home Financial is a specialty finance company located in
Jackson, Mississippi, providing contractors with financing for
their customers.  CHFS operates from one central location providing
financing through its dealer network throughout 25 states, Alabama,
Delaware, and Tennessee.  The Debtor scheduled $44.9 million in
total assets and $30.3 million in total liabilities.  Judge Edward
Ellington presides over the case.

The Debtor was first represented by Roy H. Liddell, Esq., and
Jonathan Bissette, Esq., at Wells, Marble, & Hurst, PPLC as Chapter
11 counsel.  Wells Marble was terminated Nov. 13, 2013.

The Debtor is now being represented by Derek A. Henderson, Esq., in
Jackson, Miss.  In 2013, the Debtor sought to employ David Mullin,
Esq., at Mullin Hoard & Brown LLP, as special counsel.

On Jan. 9, 2014, Kristina M. Johnson was appointed as Chapter 11
Trustee for the Debtor.  Jones Walker LLP serves as counsel to the
Chapter 11 trustee, while Stephen Smith, C.P.A., acts as
accountant.


COMPANION DX: Creditors' Panel Hires Okin Adams as Counsel
----------------------------------------------------------
The Official Committee of Unsecured Creditors of Companion DX
Reference Lab, LLC, seeks authorization from the U.S. Bankruptcy
Court for the Southern District of Texas to retain Okin Adams LLP
as counsel to the Committee.

The Committee requires Okin Adams to:

   a. advise the Committee with respect to its rights, powers,
      and duties in the bankruptcy case;

   b. assist and advise the Committee in its consultations with
      the Debtor relative to the administration of the case;

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

   d. assist the Committee's investigation of the acts, conduct,
      assets, liabilities, and financial condition of the Debtor
      and of the operation of Debtor's business;

   e. advise and represent the Committee in connection with
      administrative matters arising in the case, including the
      obtaining of credit, the sale of assets, and the rejection
      or assumption of executory contracts and unexpired leases;

   f. assist the Committee in its analysis of, and negotiation
      with, the Debtor, or any third party concerning matters
      related to the terms of a chapter 11 plan for the Debtor;

   g. assist and advise the Committee with respect to its
      communications with the general creditor body regarding
      significant matters in the case;

   h. review, analyze and respond as necessary to all
      applications, motions, orders, statements of operations and
      schedules filed with the Court, and advise the Committee as
      to their propriety;

   i. assist the Committee in evaluating claims and causes of
      action, against the Debtor's secured lenders or
      other parties;

   j. assist the Committee in preparing pleadings and
      applications as may be necessary in furtherance of the
      Committee's interests and objectives; and

   k. represent the Committee at all hearings and other
      proceedings, and perform such other legal services as may
      be required and are deemed to be in the interests of the
      Committee in accordance with the Committee's powers and
      duties as set forth in the Bankruptcy Code.

Okin Adams will be paid at these hourly rates:

     Christopher Adams, Partner            $400
     David Curry, Jr., Of Counsel          $320
     John Thomas Oldham, Associate         $275
     Legal Assistants                      $105-$130

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

Christopher Adams, partner in the law firm of Okin Adams LLP,
assured the Court that the firm (i) does not represent any other
entity in connection with the case, (ii) is "disinterested" as that
term is defined in section 101 of the Bankruptcy Code, and (iii)
does not represent or hold any interest adverse to the interest of
the Debtor's estate with respect to the matters for which it is to
be employed.

Okin Adams can be reached at:

     Christopher Adams, Esq.
     David L. Curry, Jr., Esq.
     OKIN ADAMS LLP
     1113 Vine St., Suite 201
     Houston, TX 77002
     Tel: (713) 228-4100
     Fax: (888) 865-2118
     Email: cadams@okinadams.com
            dcurry@okinadams.com

                    About Companion DX Reference Lab, LLC

Companion DX Reference Lab, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Tex. Case No. 16-33427) on July 5, 2016. The
Hon. Marvin Isgur presides over the case. Pendergraft & Simon, LLP,
represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Michael Stewart, chief executive officer.

On July 28, 2016, the United States Trustee for the Southern
District of Texas filed its Amended Notice of Appointment of
Committee of Unsecured Creditors.  The Committee hired Sheppard
Mullin Richter & Hampton LLP to serve as bankruptcy counsel, and
Okin Adams LLP to act as counsel.



COMPANION DX: Creditors' Panel Hires Sheppard Mullin as Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Companion DX
Reference Lab, LLC, seeks authorization from the U.S. Bankruptcy
Court for the Southern District of Texas to retain Sheppard Mullin
Richter & Hampton LLP as bankruptcy counsel to the Committee.

The Committee requires Sheppard to:

   a. advise the Committee regarding bankruptcy law;

   b. advise with respect to the Committee's powers and duties in
      the Bankruptcy Case;

   c. attend Committee meetings;

   d. review financial information furnished by the Debtor to the
      Committee and investigate various potential claims;

   e. assist in the investigation of the acts, conduct, assets,
      liabilities and financial condition of the Debtor;

   f. provide aid and assistance in monitoring the progress of
      the Debtor and administration of the Debtor's Bankruptcy
      Case;

   g. provide representation in all negotiations and proceedings
      involving the Debtor, the Committee, and other parties-in-
      interest;

   h. represent the Committee in any proceedings or hearings
      before this Court;

   i. conduct examinations of witnesses, claimants, or adverse
      parties and prepare and assist in the preparation of
      reports, accounts, and pleadings related to the Bankruptcy
      Case;

   j. advise the Committee concerning the requirements of the
      Bankruptcy Code and applicable rules as they may affect the
      Committee in the Bankruptcy Case and any related adversary
      proceeding;

   k. assist the Committee and working with the Debtor with
      regard to the restructuring or liquidation of the Debtor or
      auction, sale or other transaction with respect to the
      Debtor's assets;

   l. advise the Committee and working with the Debtor with
      regard to the formulation, negotiation, confirmation, and
      implementation of any chapter 11 plan;

   m. advise and assist the Committee with respect to any matters
      involving the U.S. Trustee and the Debtor;

   n. make court appearances on behalf of the Committee; and

   o. represent the Committee in all other legal aspects of the
      Bankruptcy Case and take any other action and perform
      any other services as the Committee may require  
      in connection with the Bankruptcy Case.

Sheppard will be paid at these hourly rates:

     Ori Katz, Partner                        $646
     Robert K. Sahyan, Senior Associate       $535
     Matt R. Klinger, Junior Associate        $345

Sheppard will be paid a retainer in the amount of $35,000.

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

Ori Katz, partner in the law firm of Sheppard Mullin Richter &
Hampton LLP, assured the Court that the firm (i) does not represent
any other entity in connection with the case, (ii) is
"disinterested" as that term is defined in section 101 of the
Bankruptcy Code, and (iii) does not represent or hold any interest
adverse to the interest of the Debtor's estate with respect to the
matters for which it is to be employed.

Sheppard can be reached at:

     Ori Katz, Esq.
     Robert K. Sahyan, Esq.
     Matt R. Klinger, Esq.
     SHEPPARD MULLIN RICHTER & HAMPTON LLP
     Four Embarcadero Center, 17th Floor
     San Francisco, CA 94111
     Tel: (415) 434-9100
     Fax: (415) 434-3947
     Email: okatz@sheppardmullin.com
            rsahyan@sheppardmullin.com
            mklinger@sheppardmullin.com

                    About Companion DX Reference Lab, LLC

Companion DX Reference Lab, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Tex. Case No. 16-33427) on July 5, 2016. The
Hon. Marvin Isgur presides over the case. Pendergraft & Simon, LLP,
represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Michael Stewart, chief executive officer.

On July 28, 2016 the United States Trustee for the Southern
District of Texas filed its Amended Notice of Appointment of
Committee of Unsecured Creditors. The Committee hired Sheppard
Mullin Richter & Hampton LLP to serve as bankruptcy counsel, and
Okin Adams LLP to act as counsel.



CONSTELLATION ENTERPRISES: Committee Reaches Unsec. Claims Deal
---------------------------------------------------------------
BankruptcyData.com reported that Constellation Enterprises and its
official committee of unsecured creditors filed with the U.S.
Bankruptcy Court a motion for an order approving a settlement by
and among the Debtors, the creditors' committee, the purchaser and
the ad hoc noteholder group.  The motion explains, "The Settlement
before the Court marks a watershed moment in these cases.  Since
the Petition Date, nearly four (4) months ago, the Debtors have
used their best efforts to broker a settlement between the key
constituents in these cases.  As the Settlement demonstrates, the
efforts of the Settlement Proponents have paid off.  The proposed
Settlement provides the holders of general unsecured claims - a
constituency which was indisputably out of the money when these
cases began - with a pro rata share of $1.25 million, and the
potential of additional recoveries based on the outcome of the
potential prosecution of certain transferred claims and causes of
action.  Without the Settlement, this result would likely be
unobtainable.  The Settlement also helps clear a path to a final
disposition of these cases, as it eliminated potential and actual
objections to the Sale Motion, and resolves the Creditors'
Committee's objections to the DIP Motion.  Absent the Settlement,
it is likely that the Parties would have continued to litigate
these matters potentially to the detriment of the Debtors and their
estates and creditors."

The Court scheduled an October 6, 2016 hearing on the motion, with
objections due by Sept. 22, 2016, according to the report.

                About Constellation Enterprises

Constellation Enterprises LLC, through its subsidiaries,
manufactures custom engineered metal components for various end
markets such as rail transportation, oil and gas, general
industrial, nuclear, aerospace, and small gas engine markets. The
company was incorporated in 1996 and is based in Caldwell, Texas.

Constellation Enterprises LLC (Bankr. D. Del. Case No. 16-11213)
and its affiliates Columbus Holdings, Inc. (Bankr. D. Del. Case No.
16-11214), Columbus Steel Castings Company (Bankr. D. Del. Case No.
16-11215), Eclipse Manufacturing Co. (Bankr. D. Del. Case No.
16-11219), JFC Holding Corporation (Bankr. D. Del. Case No.
16-11221), Metal Technology Solutions, Inc. (Bankr. D. Del. Case
No. 16-11218), Steel Forming, Inc. (Bankr. D. Del. Case No.
16-11220), The Jorgensen Forge Corporation (Bankr. D. Del. Case No.
16-11222), Zero Corporation (Bankr. D. Del. Case No. 16-11216), and
Zero Manufacturing, Inc. (Bankr. D. Del. Case No. 16-11217) filed
for Chapter 11 bankruptcy protection on May 16, 2016.

The petitions were signed by William Lowry, chief financial
officer.

The Debtors estimated their assets at between $1 million and $10
million and their debts at between $100 million and $500 million.

Adam C. Rogoff, Esq., and Joseph A. Shifer, Esq., at Kramer Levin
Naftalis & Frankel LLP serve as the Debtors' bankruptcy counsel.

Daniel J. DeFranceschi, Esq., Zachary I. Shapiro, Esq., Rachel L.
Biblo, Esq., and Joseph C. Barsalona II, Esq., at Richards, Layton
& Finger, P.A., serve as the Debtors' co-counsel.

Imperial Capital, LLC, is the Debtors' financial advisor. Conway
Mackenzie Management Services LLC is the Debtors' crisis
management
& restructuring services provider.

Epiq Bankruptcy Solutions, LLC, is the Debtors' claims and
noticing
agent.

The Official Committee of Unsecured Creditors is represented by
Christopher M. Samis, Esq., at Whiteford, Taylor & Preston LLC; and
Norman N. Kinel, Esq., and Nava Hazan, Esq., at Squire Patton Boggs
(US) LLP.


CORNERSTONE DENTISTRY: Hires Paul Reece Marr as Attorney
--------------------------------------------------------
Cornerstone Dentistry, PC seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ
Paul Reece Marr, P.C. as bankruptcy attorneys.

The Debtor requires the law firm to:

   (a) provide the Debtor with legal advice regarding its powers
       and duties as debtor in possession in the continued
       operation and management of its affairs;

   (b) prepare on behalf of the Debtor the necessary applications,

       statements, schedules, lists, answers, orders and other
       legal papers pursuant to the Bankruptcy Code; and

   (c) perform all other legal services in the Chapter 11
       bankruptcy proceeding for the Debtor which may be
       reasonably necessary.

The law firm will be paid at these hourly rates:

       Paul Reece Marr        $325
       Paralegal              $125
       Clerical               $50

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

The Debtor desires to employ the Law Firm under a general retainer
in the amount of $10,000.  The Debtor will also pay the $1,717
petition filing fee.

Paul Reece Marr 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 law firm can be reached at:

       Paul Reece Marr, Esq.
       PAUL REECE MARR, P.C.
       300 Galleria Parkway
       NW, Suite 960
       Atlanta, GA 30339
       Tel: (770) 984-2255
       E-mail: paul@paulmarr.com

                 About Cornerstone Dentistry, PC

Cornerstone Dentistry, PC filed a Chapter 11 petition (Bankr. N.D.
Ga. Case No. 16-64635-jrs), on August 22, 2016. The Debtor's
counsel is Paul Reece Marr, Esq. at Paul Reece Marr, P.C.

The Debtor operates an in-patient dental practice located at leased
premises having an address of 2463 Hamilton Mill Parkway, Suite
240, Dacula, Georgia 30019.  At one point the Debtor had a second
location in Norcross, Georgia, but that location proved to be
unprofitable and the Debtor closed the Norcross location January
2015.

Dr. Edward McDonald, DDS, a dentist licensed in the State of
Georgia, is the sole owner and officer of the Debtor. The Debtor
has six employees including Dr. McDonald. Dr. McDonald's wife, Neva
McDonald, is a bookkeeper and administrative assistant. No other
insiders are on the payroll.

No creditors committee has been appointed.


CRN INC: Plan Confirmation Hearing on Oct. 13
---------------------------------------------
Judge H. Christopher Mott of the U.S. Bankruptcy Court for the
Western District of Texas on Sept. 6, 2016, conditionally approved
the disclosure statement explaining the Amended Plan of
Reorganization of CRN, Inc., d/b/a Alpha Home Nurses, and scheduled
Oct. 13, 2016, at 10:00 a.m. (MT) as the hearing for final approval
of the Disclosure Statement combined with the hearing on
confirmation of the Plan and any objections.

October 7, 2016 at 5:00 p.m. (MT) is fixed as the last day for
filing and serving objections to final approval of the Disclosure
Statement and the last day for submitting ballots for acceptance or
rejection of the Plan.

The last day for filing objections to confirmation of the Plan is
October 7.

By October 11, 2016, counsel for the Debtor must file with the
Court: (a) a ballot summary in the form required by Local
Bankruptcy Rule 3018(b) with a copy of the ballots; and (b) a
memorandum of legal authorities addressing any objections filed to
the Plan.

In accordance with 11 U.S.C. Section 1121(e)(3), the Court extended
the deadline imposed under Section 1129(e) for the Debtor to obtain
confirmation of a plan until October 14, 2016.

                        About CRN Inc.

CRN, dba Alpha Home Nurses, is a home health provider services
company, which has been operating in the El Paso area since April
5, 2002.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W. D. Texas Case No. 16-30001) on January 2, 2016.

The Debtor represented by Carlos A. Miranda III, Esq., and Gabe
Perez, Esq., at Miranda & Maldonado, P.C., in El Paso, Texas.


CSC HOLDINGS: S&P Assigns 'BB-' Rating on $1.9BB Sr. Notes
----------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '1'
recovery rating to Bethpage, N.Y.-based CSC Holdings LLC's proposed
$1.9 billion senior guaranteed notes maturing in April 2027.  The
'1' recovery rating indicates S&P's expectation for very high
(90%-100%) recovery for noteholders in the event of a payment
default.  The notes are unsecured obligations, but are guaranteed
by restricted subsidiaries of CSC Holdings and will rank ahead of
existing senior unsecured notes at the issuer.

S&P expects net proceeds from the note issuance to refinance the
remaining balance on the company's $3.8 billion term loan B due in
2022, which the company will partially refinance with a new $1.9
billion term loan B due in 2024.  The 'BB-' issue-level rating and
'1' recovery rating on the new $1.9 billion term loan B are in line
with the existing senior secured credit facility.  The 'B'
corporate credit rating and stable outlook are unchanged.

                         RECOVERY ANALYSIS

Key analytical factors

S&P's default scenario contemplates a default resulting from a
revenue decline in its cable operations as a result of accelerated
pricing pressure and competition, primarily from Verizon
Communications Inc.'s FiOS triple-play service.  Increased
price-based competition in the company's existing markets, lower
revenues per customer, and a reduced subscriber base would result
in a decline in simulated EBITDA to a level below the minimum
required to service CSC's fixed charges (principally interest
expense, capital expenditures, and scheduled debt amortization).

Other default assumptions include an 85% draw on the revolving
credit facility and an increase in borrowing costs because of
increases in LIBOR and borrowing rates that are the result of
credit deterioration and covenant violations through the year of
default; all debt amounts include six months of prepetition
interest.

S&P believes that if CSC defaulted, it would retain a viable
business model, fueled by continued demand for cable TV, data, and
voice services, in addition to the strong demographics of its
service territory and well-clustered operations.  Therefore, S&P
believes that lenders would achieve the greatest recovery value
through a reorganization of the borrower rather than through
liquidation.  S&P has valued the company at a 6x multiple of
EBITDA.  The 6x valuation multiple is on the lower end of the
typical 6x-7x range S&P generally ascribes to incumbent cable
operators given intense competition from Verizon FiOS.

Simulated default assumptions

   -- Simulated year of default: 2019
   -- EBITDA at emergence: $1.5 billion
   -- EBITDA multiple: 6x

Simplified waterfall

   -- Net enterprise value (after 7% in administrative costs):
      $8.45 billion
   -- Priority claims: $44 million
   -- Collateral value available to secured creditors:
      $8.41 billion
   -- Secured first-lien claims: $3.61 billion
      -- Recovery expectations: (90%-100%)
   -- Guaranteed bonds: $3 billion
      -- Recovery expectations: (90%-100%)
   -- Value available to unsecured creditors: $1.8 billion
   -- Unsecured claims: $7.18 billion
      -- Recovery expectations: (10%-30%; upper half of the range)
   -- Subordinated claims: $2.9 billion
       -- Recovery expectations: 0%-10%

Ratings List

CSC Holdings LLC
Corporate Credit Rating                  B/Stable/--

New Rating

CSC Holdings LLC
Senior Unsecured
  $1.9 bil sr guaranteed notes due 2027   BB-
   Recovery Rating                        1


CVR NITROGEN: S&P Affirms Then Withdraws 'B+' CCR
-------------------------------------------------
S&P Global Ratings affirmed its 'B+' corporate credit and
issue-level ratings on master limited partnership CVR Nitrogen, LP
(f/k/a Rentech Nitrogen Partners, LP).

Subsequently, S&P withdrew all ratings on the partnership at the
issuer's request.  CVR Partners LP acquired the partnership on
April 1, 2016.


DCP MIDSTREAM: Fitch Affirms 'BB+' Long-Term Issuer Default Rating
------------------------------------------------------------------
Fitch Ratings has affirmed its ratings on DCP Midstream, LLC (DCP)
and DCP Midstream Partners, LP (DPM) as follows:

   DCP Midstream LLC

   -- Long-term Issuer Default Rating (IDR) at 'BB+';

   -- Senior secured rating at 'BB+/RR4';

   -- Senior unsecured rating at 'BB+/RR4';

   -- Junior subordinated notes at 'BB-/RR6'.

   DCP Midstream Partners, LP

   -- Long-term IDR at 'BBB-';

   -- Senior unsecured rating at 'BBB-';

   -- Short-term IDR and commercial paper rating at 'F3'.

DCP's Rating Outlook is Stable. DPM's Rating Outlook has been
revised to Stable from Negative.

The rating affirmations reflect the size and scale of DCP and DPM,
their supportive sponsors, and improvements in liquidity, cash flow
profile, and operating margin at the DCP enterprise. DCP and DPM
have focused on driving down their breakeven costs and increasing
their exposure to fixed fee revenue sources. The affirmation
reflects the structural subordination of DCP's debt to DPM while
recognizing that cost improvements and a move towards more fixed
fee revenue sources at DCP are expected to help bolster its cash
flow levels. Concerns include volumetric risks, hedge roll off, and
uncertainty around growth prospects and ultimate organizational
structure.

The Stable Outlook for DPM reflects Fitch's continued expectation
for volume weakness in select regions offset in part by DPM's fixed
fee and hedged positions for the balance of 2016 and for 2017 and
limited expected capital needs. DPM's near term gross margin
profile remains fixed fee and hedged keeping near term commodity
price exposure low with 90% of gross margin either fee-based or
hedged for 2016 (approximately 75% fixed fee/approximately 15%
hedged) and roughly 82% of gross margin fee-based or hedged for
2017 (approximately 80% fixed fee/approximately 2% hedged). This
provides some near-term comfort around the stability of DPM's
earnings and cash flows even in this lower commodity price
environment at least through the end of 2017 though the roll-off of
hedges will introduce some increased commodity price exposure in
2018 and beyond.

KEY RATING DRIVERS

Scale & Scope of Operations: DCP is the largest independent natural
gas processor in the United States, and it has a robust presence in
all of the key production regions within the country. DCP owns or
operates gathering & processing systems in Permian, Mid-Continent,
East Texas-, South Texas, Central Texas, as well as the Piceance
and Barnett Shale basins. The size and breadth of DCP's operations
allow it to offer its customers end-to-end gathering, processing,
storage and transportation solutions giving DCP a competitive
advantage within the regions where they have significant scale.
Additionally, the company's large asset base provides a platform
for growth opportunities across its footprint. DCP has a particular
focus on the DJ and the Permian Basin, areas in need of gathering
and processing infrastructure as production in the liquids rich
regions of these plays continues to increase. Much of DCP's asset
portfolio are 'must-run' type assets as long as oil and gas is
flowing from the wells and basin they access, DCP will process the
gas.

Supportive Ownership: DCP's owners Spectra Energy (SE; Fitch rates
SE's operating subsidiary Spectra Energy Capital LT-IDR:
'BBB'/Rating Watch Positive) and Phillips 66, Inc. (PSX; not rated)
have in the past exhibited a willingness to inject capital, forgo
dividends, and generally provide capital support most recently with
a $3 billion cash and asset equity injection in 2015. The $3
billion equity contribution is illustrative of the value and
support that SE and PSX see in and provide to DCP, and by extension
DPM. Fitch expects DCP's owners to continue to provide similar
support to DCP going forward including continuing to forego
dividends while DCP remains under financial pressures stemming from
low commodity prices. Should SE and PSX no longer express or
possess the willingness and ability to support DCP in times of need
Fitch would likely take a negative ratings action. On a purely
standalone basis without parental support, DCP's IDR would likely
be lower rated.

Modest Leverage at DPM: Fitch expects DPM leverage is expected to
range between 4.0x to 4.5x through 2019 with distribution coverage
at 1.0x. Fitch would likely take a negative ratings action should
DPM fail to maintain leverage below 4.5x on a sustained basis,
distribution coverage above 1.0x, and a fixed-fee or hedged gross
margin profile of greater than 70%. Cost-of-capital, capital market
access, uncertainty around growth and ultimate structure, and the
ability and willingness of DPM to fund any capital needs with a
focus on keeping leverage at reasonable levels remain additional
concerns for DPM.

Fitch expects DCP's credit metrics on both a consolidated and
standalone basis to be weak in 2016 but improve in outer years as
it benefits from its cost improvements, increased fee based revenue
and a rising commodity price deck. Fitch expects standalone
leverage at DCP as defined as DCP Debt(inclusive of 50% equity
credit)/DCP adj. EBITDA (DCP non-consolidated EBITDA plus
distributions from DPM and distributions in excess of equity in
earnings) is expected by Fitch to improve to below 4.5x in 2018 and
beyond. Fitch's current commodity price base case assumes an
improvement in natural gas, oil and NGL prices in 2016, 2017 and
long term.

Improved Cash Flow Profile: DCP has taken several active measures
to improve its operations and cash flow profile. DCP and DPM have
been actively realigning contracts with their counterparties in
order to shift to a greater percentage of fee based contracts.
Fitch expects DPM to have over 80% of its gross margin fixed fee or
hedged for the next few years and DCP has improved its fixed fee or
hedged margin to approximately 65% fee or hedged for 2017 which
should help stabilize cash flows for both entities. DCP has begun
entering into hedges a new practice for the entity which will help
DCP level cash flow stability. Additionally, DCP and DPM have been
driving a significant amount of operating costs out of the
business. As a result, the enterprises breakeven costs have
declined significantly to well below $0.35 per gallon for NGLs,
representing a significant decline from prior pre-2015 levels of
over $0.60 per gallon.

Volumetric Risk: Fitch is concerned with volumetric risks across
DCP's and DPM's asset base. While volumes in the DJ and Permian
Basins are expected to continue hold up well, elsewhere Fitch
expects volume declines, particularly in the Eagle Ford region.
Near-term volume declines could weigh on profitability across DCP
and DPM, but Fitch expects a rising price deck should help moderate
volumetric risks in 2018 and beyond as commodity prices improve and
production begins to return.

Hedges Rolling Off: DPM's hedges continue to roll off, negatively
impacting profitability going forward. DPM has historically
balanced its open commodity price exposure by hedging its NGL,
crude oil and natural gas exposure on a 12 to 18 month basis. As
prices have fallen and remained low the ability for DPM to enter
into favourable hedges also declined. To offset hedge roll off DPM
has been steadily increasing its fee based margin profile in part
by incorporating NGL pipeline assets, which are largely fee based
but subject to some volume risks. Fitch expects DPM's fee based
profile to remain above 80% in 2017.

KEY ASSUMPTIONS

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

   -- Base case commodity prices are consistent with Fitch's price

      deck. Fitch's price deck assumes modestly rising commodity
      prices, with WTI of $42/bbl for 2016, $45/bbl for 2017 and
      $55/bbl for 2018 and a long-term price of $65/bbl. Henry Hub

      natural gas of $2.25/mcf for 2016, $2.50/mcf for 2017,
      $2.75/mcf for 2018, and $3.25/mcf long term.

   -- Volume declines in 2016 and 2017 with very modest volume
      growth in 2018 and 2019 as commodity prices rise and
      production starts to recover.

   -- Maintenance capital at DPM of roughly $50mm annually.

   -- DPM's 2017 maturity assumed to be refinance at DPM at a 6.5%

      coupon.

RATING SENSITIVITIES

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

For DPM

   -- Leverage expected above 4.5x on a sustained basis and/or
      distribution coverage consistently below 1.0x would likely
      result in at least a one notch downgrade.

   -- A significant decline in fixed fee or hedged commodity
      exposed gross margin to less than 70% fixed fee or hedged
      without an appropriate, significant adjustment in capital
      structure, specifically a reduction in leverage, would
      likely lead to at least a one notch downgrade.

   -- Acceleration of dropdowns that results in significantly
      increased leverage or commodity price exposure at DPM could
      lead to a negative ratings action at DPM.

   -- A significant change in the ownership support structure from

      SE and PSX to DCP Midstream, and from all three to DPM,
      particularly with regard to commodity price exposure,
      distribution policies at DCP and DPM, and capital structure.

   -- Significant volume declines leading to margin and earnings
      pressure.

For DCP

   -- If DPM's ratings were to move lower Fitch would consider a
      negative ratings action at DCP given DCP's near-term
      reliance on DPM distributions to support operations and
      service debt.

   -- A significant change in the ownership support structure from

      SE and PSX to DCP Midstream, particularly with regard to
      distribution policies at DCP and DPM, increased commodity
      price exposure, and capital structure.

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

   -- For DPM the exhibited ability to increase the percentage of
      fixed fee or hedged gross margin for 2017 and beyond to
      above 70% while maintaining leverage below 4.0x and
      distribution coverage above 1.0x on a sustained basis could
      lead to a positive ratings action.

   -- For DCP the improvement of standalone DCP LLC leverage to
      between 4.0x to 4.5x on a sustained basis could lead to a
      positive rating action.

LIQUIDITY

Liquidity adequate: DCP and DPM have adequate liquidity. DCP LLC
recently renegotiated its secured revolving credit facility
downsizing it to $700 million, pushing its maturity date out to May
2019 and increasing the security package securing the revolver. The
revolver is secured by the equity interest in DPM and DCP's other
operating subsidiaries. The revolver has certain financial
covenants which largely go into effect in the 1Q 2017. Along with
other restrictions, the terms of this facility only allows for
payment of distributions, except for certain tax distributions
related to the sale of assets, to Phillips 66 and Spectra, if DCP
has no outstanding borrowings and meets certain leverage and
liquidity thresholds. As of Sept. 8, 2016 DCP had full availability
under the revolver.

DPM has access to a $1.25 billion unsecured revolving credit
facility which matures in May 2019. As of July 29, 2016, DPM had
$125 million of outstanding borrowings on the revolving credit
facility and had approximately $1,125 million of unused borrowing
capacity. DPM's revolver requires maintain a leverage ratio (as
defined in the agreement) of not more than 5.0x, as of June 30,
2016 this ratio was 3.4x. Fitch expects both DCP and DPM to remain
in compliance with their respective financial covenants over the
2016-2019 forecast period.

DCP and DPM's near term maturities are manageable. At DCP the
extension of the revolver to 2019 means there are no near-term
maturities at DCP until 2019. At DPM there is a $500 million
maturity in December 2017. Fitch expects based on current market
conditions that DPM will be able to refinance that maturity or have
enough availability on its revolving credit facility to repay the
note at maturity.


DEAN YOUNG: Hires Moore Taylor as Attorney
------------------------------------------
Dean Young Enterprises, LLC seeks authorization from the U.S.
Bankruptcy Court for the South District of Carolina to employ Jane
H. Downey and Moore Taylor Law Firm, PA as attorney.

The Debtor requests to employ Jane H. Downey and the Moore Taylor
Law Firm, P.A. to provide necessary legal services.

Moore Taylor Law Firm will be paid at these hourly rates:

     Jane H. Downey, Esq.             $385
     Attorney                         $250
     Assistants/Law Clerk             $150

Jane H. Downey, Esq., partner at the Moore Taylor Law Firm, PA,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Moore Taylor Law Firm may be reached at:

      Jane H. Downey, Esq.
      Moore Taylor Law Firm, PA
      1700 Sunset Boulevard
      West Columbia, SC 29171
      Phone: (803)929-0030

              About Dean Young Enterprises



Dean Young Enterprises, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.S.C. Case No. 16-04214) on August 19,
2016.  The case is assigned to Judge David R. Duncan. Jane H.
Downey, Esq. at Moore Taylor Law Firm, P.A. serves as bankruptcy
counsel. The petition was signed by Dean Young, vice president.




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

The Debtor hired Colliers International South Carolina, Inc. as its
real estate agent.




DELCATH SYSTEMS: Recurring Losses Raises Going Concern Doubt
------------------------------------------------------------
Delcath Systems, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $6.67 million on $511,000 of revenue for
the three months ended June 30, 2016, compared with a net loss of
$3.69 million on $466,000 of revenue for the same period in 2015.

The Company's balance sheet at June 30, 2016, showed $41.39 million
in total assets, $35.96 million in total liabilities, and a
stockholders' equity of $5.43 million.

Delcath has operated at a loss for its entire history and
anticipates that losses will continue over the coming years.  There
can be no assurance that Delcath will ever generate significant
revenues or achieve profitability.  The Company expects to use
cash, cash equivalents and investment proceeds to fund its clinical
and operating activities.  

At June 30, 2016, the Company had cash and cash equivalents
totaling $7.5 million, as compared to cash and cash equivalents
totaling $12.6 million and $14.1 million at December 31, 2015 and
June 30, 2015, respectively.  In addition, the Company has $30.3
million in restricted cash primarily related to the Convertible
Notes.  During the six months ended June 30, 2016 the Company used
$7.0 million of cash in its operating activities, which compares to
$9.0 million used for operating activities during the comparable
period in 2015.  The decrease of $2.0 million is primarily driven
by a reduction in cash payments related to severance, bonus and
lease restructuring liabilities.  The Company believes that its
capital resources are adequate to fund its operating activities
through the end of 2017.

The Company expects to incur significant expenses and operating
losses for the foreseeable future.  These factors raise substantial
doubt about the Company's ability to continue as a going concern.
Because Delcath's business does not generate positive cash flow
from operating activities, the Company will need to obtain
substantial additional capital in order to fund clinical trial
research and support development efforts relating to Ocular
Melanoma liver metastases, ICC, HCC or other indications, and to
fully commercialize the product.  The Company believes it will be
able to raise additional capital in the event it is in its best
interest to do so.  The Company anticipates raising such additional
capital by either borrowing money, selling shares of Delcath's
capital stock, or entering into strategic alliances with
appropriate partners.  To the extent additional capital is not
available when needed or on acceptable terms, the Company may be
forced to abandon some or all of its development and
commercialization efforts, which would have a material adverse
effect on the prospects of its business.  Further, the Company's
assumptions relating to its cash requirements may differ materially
from its actual requirements because of a number of factors,
including significant unforeseen delays in the regulatory approval
process, changes in the timing, scope, focus and direction of
clinical trials and costs related to commercializing the product.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/SldwPu

Delcath Systems, Inc., is a late-stage clinical development company
with early commercial activity in Europe focused on cancers of the
liver.  The Company is a specialty pharmaceutical and medical
device company developing its product, Melphalan Hydrochloride for
Injection for use with the Delcath Hepatic Delivery System
(Melphalan/HDS).  The Company's system delivers and filters
melphalan hydrochloride, which is marketed as a device under the
trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan
(CHEMOSAT).


DESERT LAND: Court Disqualifies Hutchison as Counsel
----------------------------------------------------
Judge Robert C. Jones of the United States District Court for the
District of Nevada granted the motion filed by Tom Gonzales to
disqualify Mark A. Hutchison or any member of the firm of Hutchison
& Steffen, LLC, from representing Desert Land, LLC; Desert Oasis
Apartments, LLC; Desert Oasis Investments, LLC; SkyVue Las Vegas,
LLC; Howard Bulloch; and David Gaffin, as defendants in the cases
captioned TOM GONZALES, Plaintiff, v. SHOTGUN NEVADA INVESTMENTS,
LLC et al., Defendants, and TOM GONZALES, Plaintiff, v. DESERT
LAND, LLC et al., Defendants, Nos. 2:13-cv-00931-RCJ-VPC,
2:15-cv-00915-RCJ-VPC (D. Nev.).

The consolidated cases arose out of the alleged breach of a
settlement agreement between Tom Gonzales and the debtors, Desert
Land, LLC, Desert Oasis Apartments, LLC, and Desert Ranch, LLC that
was part of the confirmation plan in the debtors' Chapter 11
bankruptcy action.

Gonzales moved to disqualify Mark A. Hutchison or any member of the
firm of Hutchison & Steffen, LLC from representing the defendants,
arguing that because Hutchison & Steffen attorney Sid Kistler
represented him when Kistler worked at Gordon & Silver, Kistler is
disqualified from representing the defendants against him.
Further, Gonzales argued that Kistler's conflict is imputed to all
attorneys in the firm.

Judge Jones was satisfied that Attorney Kistler represented
Gonzales while at Gordon & Silver on a matter substantially related
to the cases against the Desert entities.  The judge also ruled
that because Kistler's role was substantial, Hutchison & Steffan is
therefore disqualified from representing the defendants.

A full-text copy of Judge Jones' August 31, 2016 order is available
at https://is.gd/6P3jCC from Leagle.com.

Tom Gonzales is represented by:

          Mark D. Wray, Esq.
          LAW OFFICES OF MARK WRAY
          608 Lander Street
          Reno, NV 89509
          Tel: (775)348-8877
          Fax: (775)348-8351

            -- and --

          Robert T. Stewart, Esq.
          HUTCHISON & STEFFEN, LLC
          Peccole Professional Park
          10080 West Alta Drive, Suite 200
          Las Vegas, NV 89145
          Tel: (702)385-2500

Shotgun Creek Las Vegas, LLC, Shotgun Creek Investments, LLC,
Shotgun Nevada Investments, LLC, Wayne Perry are represented by:

          Lenard E. Schwartzer, Esq.
          SCHWARTZER & MCPHERSON LAW FIRM
          2850 South Jones Boulevard, Suite 1
          Las Vegas, NV 89146
          Tel: (702)228-7590
          Fax: (702)892-0122

Desert Land, LLC, SkyVue Las Vegas, LLC, Desert Oasis Apartments,
LLC, David Gaffin, Howard Bulloch, Desert Oasis Investments, LLC
are represented by:

          Jeanette E. McPherson, Esq.
          Lenard E. Schwartzer, Esq.
          SCHWARTZER & MCPHERSON LAW FIRM
          2850 South Jones Boulevard, Suite 1
          Las Vegas, NV 89146
          Tel: (702)228-7590
          Fax: (702)892-0122

            -- and --

          Christian M. Orme, Esq.
          Robert T. Stewart, Esq.
          HUTCHISON & STEFFEN, LLC
          Peccole Professional Park
          10080 West Alta Drive, Suite 200
          Las Vegas, NV 89145
          Tel: (702)385-2500


DIANE ROSE MAESTRI: Files Full-Payment Ch. 11 Plan
--------------------------------------------------
Diane Rose Maestri filed an amended disclosure statement dated
Sept. 6, 2016, a full-text copy of which is available at
http://bankrupt.com/misc/15-12888-46.pdf

The Plan provides for payment of administrative expenses, priority
claims, and secured creditors in full, either in cash or in
deferred cash payments, and provides for payments to unsecured
creditors in an amount greater than they would receive in the event
of a Chapter 7 liquidation -- payment in full for creditors that
have joint claims against Debtor and her husband, and payment of
$10,000 to other non-joint creditors. Funds for implementation of
the Plan will be derived from the sale of real estate owned as
tenants by the entireties by Debtor and her husband.

The Debtor resides with her family in Virginia in a home owned as
tenants by the entireties.  The house is estimated to be worth well
in excess of $1,000,000, now that the Debtor has completed repairs
and renovations suggested as being necessary to sell it.  The
Debtor is currently not working, and receives social security
disability due to a medical condition.  HSBC Bank USA, National
Association holds a first priority deed of trust in the amount of
$647,053.94 as of the petition date, and there are federal tax
liens in the amount of $59,926.35.

Diane Rose Maestri filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Va. Case No. 15-12888) on Aug. 19, 2015.

The Debtor is represented by:

     Daniel M. Press, Esq.
     Chung & Press, P.C.
     6718 Whittier Ave., Suite 200
     McLean, VA 22101
     Tel: (703) 734-3800
     Fax: (703) 734-0590
     Email: dpress@chung-press.com


DRYSDALE VILLAGE: 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 The Drysdale Village, LLC.

The Drysdale Village, LLC dba Frontier Village, based in Yuma,
Ariz., filed a Chapter 11 petition (Bankr. D. Ariz. Case No.
16-08755) on July 29, 2016.  Hon. Scott H. Gan presides over the
case.  Thomas H. Allen of Allen Barnes & Jones, PLC serves as the
Debtor's bankruptcy counsel.

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


ELEPHANT TALK: Receives Noncompliance Notice from NYSE MKT
----------------------------------------------------------
Elephant Communications Corp. disclosed that it received on Sept.
7, 2016, a notice from NYSE MKT LLC indicating that the Company is
not currently in compliance with the Exchange's continued listing
standards as set forth in Section 1003(a)(ii) of the NYSE MKT
Company Guide, since the Company's reported stockholders' equity as
of June 30, 2016, is $2.5 million and the Company has net losses in
its last five most recent fiscal years ended Dec. 31, 2015.

This notice is in addition to notices received by the Company from
the Exchange on Aug. 8, 2016, as previously disclosed on a Current
Report on Form 8-K filed by the Company on Aug. 12, 2016, for which
the Company submitted a plan of compliance on Aug. 19, 2016, and
May 26, 2016, as previously disclosed on a Current Report on Form
8-K filed by the Company on June 2, 2016, for which the Company
submitted a plan of compliance on June 27, 2016.

The Exchange has reviewed the Company's Aug. 19, 2016, plan of
compliance, as amended, and determined to accept the plan and grant
a conditional plan period through Dec. 31, 2016.  The Exchange has
indicated that it will formally review the Company at the end of
each month to ensure that it has demonstrated progress and achieved
the milestones set forth in the plan.  If the Company is not in
compliance with the continued listing standards by Dec. 31, 2016,
or if the Company does not make progress consistent with the plan
during the plan period, the Exchange will initiate delisting
proceedings as appropriate.  The Company may appeal a staff
delisting determination in accordance with Section 1010 and Part 12
of the Company Guide.

                        About Elephant Talk

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

Elephant Talk reported a net loss of $5.00 million on $31.0
million
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $21.9 million on $20.4 million of revenues for the year
ended Dec. 31, 2014.

As of June 30, 2016, the Company had $22.5 million in total
assets, $20.0 million in total liabilities and $2.53 million in
total stockholders' equity.

Squar Milner, LLP (formerly Squar Milner, Peterson, Miranda &
Williamson, LLP), in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, has an accumulated deficit of
$256 million and has negative working capital.  This raises
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


ELEPHANT TALK: Sold 73 Series A Shares for $729,968
---------------------------------------------------
Elephant Talk Communications Corp. consummated a closing of its
private placement offering of Series A Preferred Stock, par value
$0.00001 per share, to "accredited investors".  At the Closing, the
Company sold 73 shares of Series A Preferred Stock for aggregate
gross proceeds of $729,968.  The Closing is part of a "best
efforts" private placement offering of up to $1,500,000  consisting
of up to 150 shares of Series A Preferred Stock.

Each share of Series A Preferred Stock is convertible into 0.04% of
the Company's issued and outstanding shares of common stock
immediately prior to conversion.  Accordingly, if the Maximum
Amount is sold in the Offering, the outstanding Series A Preferred
Stock, in the aggregate, will be convertible into 6.0% of the
Company's issued and outstanding shares of common stock immediately
prior to conversion.  The Series A Preferred Stock are convertible
at the option of the holder, except that (i) if there is a change
in control (as defined in the Certificate of Designation) before
Sept. 2, 2017, or (ii) any time after Sept. 2, 2017, the Company
has the option to automatically convert the Series A Preferred
Stock into common stock.

The holders of Series A Preferred Stock are not entitled to receive
any dividends and have no voting rights (except that the Company
may only take certain corporate actions with the approval of a
majority of the outstanding shares of Series A Preferred Stock).
Further, upon liquidation, dissolution or winding up of the
Company, the holders of Series A Preferred Stock will receive
distributions on par with and on a pro rata basis with the common
stockholders as though the Series A Preferred Stock had been
converted at the time of such liquidation, dissolution or winding
up of the Company.

The Investors in the Offering have also received piggy-back
registration rights with respect to the shares of common stock
issuable upon conversion of the Series A Preferred Stock.

In connection with the Offering, the Company retained a placement
agent.  The Company agreed to pay the placement agent, subject to
certain exceptions, a cash fee equal to 8% of the aggregate gross
proceeds raised by the placement agent in the Offering plus the
reimbursement of certain out-of-pocket expenses.

The Series A Preferred Stock was offered and sold pursuant to an
exemption from registration under Section 4(a)(2) and Regulation D
of the Securities Act.

On Sept. 2, 2016, in connection with the Closing of the Offering,
the Company filed with the Secretary of State of Delaware the
Certificate of Designation.  Pursuant to the Certificate of
Designation, the Company designated 150 shares of Series A
Preferred Stock for issuance.

                     About Elephant Talk

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

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

As of June 30, 2016, the Company had $22.5 million in total
assets, $19.96 million in total liabilities and $2.53 million in
total stockholders' equity.

Squar Milner, LLP (formerly Squar Milner, Peterson, Miranda &
Williamson, LLP), in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, has an accumulated deficit of
$256 million and has negative working capital.  This raises
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


ELEPHANT TALK: To Offer $20 Million Worth of Securities
-------------------------------------------------------
Elephant Talk Communications Corp. filed with the Securities and
Exchange Commission a Form S-3 registration statement relating to
the sale, from time to time, in one or more series, any one of
these securities, for total gross proceeds of up to $20,000,000:

  * common stock;

  * preferred stock;

  * purchase contracts;

  * warrants to purchase our securities;

  * subscription rights to purchase any of the foregoing
    securities;

  * depositary shares;

  * secured or unsecured debt securities consisting of notes,
    debentures or other evidences of indebtedness which may be
    senior debt securities, senior subordinated debt securities or
    subordinated debt securities, each of which may be convertible

    into equity securities; or

  * units comprised of, or other combinations of, the foregoing
    securities.

The Company may offer and sell these securities separately or
together, in one or more series or classes and in amounts, at
prices and on terms described in one or more offerings.  The
Company may offer securities through underwriting syndicates
managed or co-managed by one or more underwriters or dealers,
through agents or directly to purchasers.  The prospectus
supplement for each offering of securities will describe in detail
the plan of distribution for that offering.

Each time the Company's securities are offered, the Company will
provide a prospectus supplement containing more specific
information about the particular offering and attach it to this
prospectus.  The prospectus supplements may also add, update or
change information contained in this prospectus.  This prospectus
may not be used to offer or sell securities without a prospectus
supplement which includes a description of the method and terms of
this offering.

The Company's common stock is listed on the NYSE MKT under the
symbol "ETAK."  On Sept. 7, 2016, the last reported sale price of
the Company's common stock on the NYSE MKT was $0.16 per share.
The aggregate market value of the Company's outstanding common
stock held by non-affiliates is $21,841,480 based on 168,149,756
shares of outstanding common stock, of which 114,955,159 shares are
held by non-affiliates, and a per share price of $0.19 which was
the closing sale price of the Company's common stock as quoted on
the NYSE MKT on July 12, 2016.

A full-text copy of the Form S-3 prospectus is available at:

                      https://is.gd/gzJs8u

                       About Elephant Talk

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

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

As of June 30, 2016, the Company had $22.5 million in total
assets, $19.96 million in total liabilities and $2.53 million in
total stockholders' equity.

Squar Milner, LLP (formerly Squar Milner, Peterson, Miranda &
Williamson, LLP), in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, has an accumulated deficit of
$256 million and has negative working capital.  This raises
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


ELIZABETH ARDEN: Egan-Jones Hikes Sr. Unsec. Rating to CCC+
-----------------------------------------------------------
Egan-Jones Ratings Company raised the senior unsecured ratings on
debt issued by Elizabeth Arden Inc to CCC+ from CCC on Aug. 24,
2016.

Elizabeth Arden, Inc. is a major American cosmetics and fragrance
company founded by Elizabeth Arden.



ENERGY FUTURE: Reaches $11.8M Deal With Texas Comptroller
---------------------------------------------------------
BankruptcyData.com reported that Energy Future Holdings filed with
the U.S. Bankruptcy Court a motion for an order approving a
settlement with the Texas Comptroller of Public Accounts.
According to documents filed with the Court, "By this Motion, the
Debtors seek entry of the Order approving the Settlement with the
Texas Comptroller whereby the TCEH Debtors pay the Texas
Comptroller $11.8 million for a mutual release of all claims and
liens for prepetition taxes asserted by the Texas Comptroller
against the Debtors and potential refund claims asserted by the
Debtors.  In total, the Texas Comptroller has filed assessments
totaling approximately $330 million and proofs of claim totaling
approximately $150 million.  The Texas Comptroller asserts that
certain of these amounts are fully secured and may not fully
reflect penalties and interest that are owed.  Of the $150 million
of proofs of claim filed by the Texas Comptroller, approximately
$55 million is attributable to the Gross Margin Tax, with the
remaining amounts attributable to sales, gross receipts utilities,
and direct pay taxes. In total, the Debtors have submitted
approximately $48.5 million of disputed or un-finalized refunds and
beneficial positions.  Of that amount, approximately $11.5 million
is related to 'E-side' adjustments, approximately $2.4 million is
not readily subject to allocation between the 'E-side' and 'T-side'
because they relate to intercompany elimination entries and related
items, and the remainder is related to adjustments with respect to
the TCEH Debtors, EFH Corporate Services, or EFH Properties
Company."

The Court scheduled a Sept. 26, 2016 hearing to consider the
motion, with objections due by Sept. 20, 2016, according to the
report.

                     About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a Portfolio
of competitive and regulated energy businesses in Texas.

Oncor, an 80 percent-owned entity within the EFH group, is the
largest regulated transmission and distribution utility in Texas.

The Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth. EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS). The Debtors are seeking to have their cases jointly
administered for procedural purposes.

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion. The Debtors have $42
billion of funded indebtedness.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal. The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor,
and Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor. The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.  An Official Committee of
Unsecured Creditors has been appointed in the case. The Committee
represents the interests of the unsecured creditors of only of
Energy Future Competitive Holdings Company LLC; EFCH's direct
subsidiary, Texas Competitive Electric Holdings Company LLC; and
EFH Corporate Services Company, and of no other debtors. The
Committee has selected Morrison & Foerster LLP and Polsinelli PC
for representation in this high-profile energy restructuring. The
lawyers working on the case are James M. Peck, Esq., Brett H.
Miller, Esq., and Lorenzo Marinuzzi, Esq., at Morrison & Foerster
LLP; and Christopher A. Ward, Esq., Justin K. Edelson, Esq., Shanti
M. Katona, Esq., and Edward Fox, Esq., at Polsinelli PC.

                          *     *     *

In December 2015, the Bankruptcy Court confirmed the Debtors' Sixth
Amended Joint Plan of Reorganization.  In May 2016, certain first
lien creditors of TCEH delivered a Plan Support Termination Notice
to the Debtors and the other parties to the Plan Support Agreement,
notifying the parties of the occurrence of a Plan Support
Termination Event. The delivery of the Plan Support Termination
Notice caused the Confirmed Plan to become null and void.

Following the occurrence of the Plan Support Termination Event as
well as the termination of a roughly $20 billion deal to sell the
Debtors' stake in Oncor Electric Delivery Co., the Debtors filed
the Plan of Reorganization and the Disclosure Statement with the
Bankruptcy Court on May 1, 2016. On May 11, they filed an amended
joint plan of reorganization and a related disclosure statement.

In June 2016, Judge Sontchi approved the disclosure statement
explaining Energy Future Holdings Corp., et al.'s second amended
joint plan of reorganization of the TCEH Debtors and the EFH Shared
Services Debtors.

On Aug. 27, 2016, Judge Sontchi confirmed the Chapter 11 exit plans
of two of Energy Future Holdings Corp.'s subsidiaries, power
generator Luminant and retail electricity provider TXU Energy Inc.


ERICKSON INC: S&P Retains 'CCC' Rating on 2nd Lien Notes
--------------------------------------------------------
S&P Global Ratings revised its recovery rating on Portland,
Ore.-based helicopter services provider Erickson Inc.'s second-lien
notes to '4' from '3'.  The '4' recovery rating indicates S&P's
expectation for average (30%-50%; higher half of the range)
recovery in the event of a payment default.  The 'CCC' issue-level
rating on the notes is unchanged.

The change in recovery is primarily due to a revised valuation
assumption of the helicopter assets backing the second-lien notes,
based on S&P's expectation of lower realized values in an
environment of oversupply.

                         RECOVERY ANALYSIS

Key analytical factors

   -- S&P has valued the company on a discrete asset valuation
      (DAV) basis because it believes that it would be liquidated
      in the event of default.

   -- S&P has assumed that, at default, the asset-based lending
      revolving credit facility is 87% drawn, which is comparable
      with current levels.

   -- The estimated recovery reflects the senior secured notes'
      second-lien position on Erickson's assets in relation to the

      first-lien amount.

Simulated year of default: 2017

Simplified waterfall

   -- Net enterprise value (after 5% administrative costs):
      $295 million
   -- Valuation split (obligors/nonobligors): 80%/20%
   -- Value available to first-lien debt claims
      (collateral/noncollateral):
   -- $274 million/$0
   -- Secured first-lien debt claims: $125 million
      -- Recovery expectations: Not applicable
   -- Value available to second-lien debt claims
      (collateral/noncollateral):
   -- $150 million/$20 million
   -- Secured second-lien debt claims: $370 million
      -- Recovery expectations: 30%-50% (higher half of the range)
   -- Total value available to unsecured claims: $21 million
      -- Recovery expectations: Not applicable
   -- Structurally subordinated debt claims: $11 million
      -- Recovery expectations: Not applicable

Note: All debt amounts include six months of prepetition interest.
The collateral value equals the asset pledge from obligors after
priority claims plus the equity pledge from nonobligors after
nonobligor debt.

Ratings List

Erickson Inc.
Corporate Credit Rating                    CCC/Negative/--

Rating Unchanged; Recovery Rating Revised

Erickson Inc.
                                            To        From
Second-lien notes                          CCC       CCC
  Recovery Rating                           4H         3L


ESSER REALTY: Unsecureds to Get 5% On Effective Date
----------------------------------------------------
Esser Realty filed a Fourth Amended Disclosure Statement dated
Sept. 6, 2016, a full-text copy of which is available at
http://bankrupt.com/misc/14-11052-143.pdf,proposing to pay
Unsecured Creditors 5% on the Effective Date.

All payments to Unsecured Creditors will be made by contributions
from the Esser Realty Partnership members, according to the Fourth
Amended Disclosure Statement.

The Debtor's Third Amended Disclosure Statement dated July 18,
2016, provided that Unsecured Creditors will be paid 5% over 3
years in annual payments beginning one year from the Effective
Date.

Esser Realty owns property which is leased by sole tenant, Esser
Family Dental, which is one of only 2 dental practices in
northwestern Pennsylvania that could provide treatment for
children
with Medicaid in an outpatient surgery center from 1997 through
2012.  The Chapter 11 case is In re Esser Realty (Bankr. W.D. Pa.
Case No. 14-11052).

The Debtor is represented by Guy C. Fustine, Esq., at Knox
McLaughlin Gornall & Sennett, P.C., in Erie, Pennsylvania.


EXTREME PLASTICS: Plan Filing Deadline Extended Through Oct. 30
---------------------------------------------------------------
The Hon. Christopher S. Sontchi of the U.S. Bankruptcy Court for
the District of Delaware has extended, at the behest of Extreme
Plastics Plus, Inc., and EPP Intermediate Holdings, Inc., the
periods within which the Debtors have the exclusive right to: (a)
file a chapter 11 plan through and including Oct. 30, 2016, and (b)
solicit acceptances of a chapter 11 plan, through and including
Dec. 29, 2016.  

The Troubled Company Reporter previously said the Debtors asked for
a 90-day extension of their exclusive periods to: (a) file a
chapter 11 plan through Nov. 29, 2016, and (b) solicit acceptances
of a chapter 11 plan, through Jan. 28, 2017, telling the Court that
in the roughly three months since their First Exclusivity
Extension, they have accomplished a great deal towards achieving of
their value-maximizing goals through marketing and sale process,
most significantly, the approval of a global settlement between the
Debtors, the official committee of unsecured creditors.  The Global
Settlement has enabled the parties to focus on the marketing and
sale process.

                      About Extreme Plastics Plus

Founded in 2007, privately-held Extreme Plastics Plus, Inc.,
operates an environmental containment business specializing in
providing environmental lining, above ground storage tanks,
composite rig mats, secondary steel wall containment systems, and
closed loop solids control services, primarily for the oil and gas
industry.  Extreme Plastics has six facilities in Fairmont, West
Virginia, Tunkhannock, Pennsylvania, St. Clairsville, Ohio, Moore,
Texas, Odessa, Texas, and Oklahoma City, Oklahoma.

The stock of Extreme Plastics is held entirely by EPP Intermediate
Holdings, Inc.  The stock of EPP Intermediate is held entirely by
EPP Holding Company, LLC, a non-debtor.

Extreme Plastics, and affiliate EPP Intermediate Holdings, Inc.,
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
16-10221) on Jan. 31, 2016, as the ongoing decline in the price of
oil and natural gas negatively impacted demand of the Debtors'
services.

Honorable Christopher S. Sontchi presides over the case.

Extreme Plastics estimated $10 million to $50 million in assets and
$50 million to $100 million in debt.  EPP Intermediate estimated $1
million to $10 million in assets and $50 million to $100 million in
debt.

As of the Petition Date, Extreme Plastics owes $49.5 million under
a secured facility provided by lenders led by Citizens Bank of
Pennsylvania, as agent.  The facility is secured by a lien in
substantially all of the Debtors' assets, as well as a pledge of
100% of the equity in Extreme Plastics and EPP Intermediate.

The Debtors tapped Sullivan Hazeltine Allinson LLC as attorneys and
Epiq Bankruptcy Solutions, LLC, as claims and noticing agent.

The U.S. Trustee has appointed five members to the Official
Committee of Unsecured Creditors.  The Committee selected Reed
Smith LLP as counsel.


FIRST DATA: Capital Research Holds 15.2M CL-A Shares as of Aug. 31
------------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Capital Research Global Investors disclosed that as of
Aug. 31, 2016, it is deemed to be the beneficial owner of
15,236,768 shares of Class A common stock of First Data Corporation
or 4.4% of the 341,456,745 shares believed to be outstanding as a
result of CRMC acting as investment adviser to various investment
companies registered under Section 8 of the Investment Company Act
of 1940.  A full-text copy of the regulatory filing is available
for free at https://is.gd/8Z8tCh

                      About First Data

Based in Atlanta, Georgia, First Data Corporation provides
commerce and payment solutions for financial institutions,
merchants, and other organizations worldwide.

First Data reported a net loss attributable to the Company of $1.48
billion on $11.5 billion of total revenues for the year ended Dec.
31, 2015, compared to a net loss attributable to the Company of
$458 million on $11.2 billion of total revenues for the year ended
Dec. 31, 2014.

As of June 30, 2016, First Data had $34.2 billion in total assets,
$30.4 billion in total liabilities, $74 million in redeemable
non-controlling interest, and $3.74 billion in total equity.

                           *     *     *

The Company carries a 'B2' corporate family rating, with a
stable outlook, from Moody's Investors Service, a 'B+' corporate
credit rating, with stable outlook, from Standard & Poor's, and
a 'B' long-term issuer default rating from Fitch Ratings.


FKF 3 LLC: Suit vs. Principals To Be Heard in District Court
-------------------------------------------------------------
In the case captioned GREGORY MESSER, as Trustee of the FKF TRUST,
Plaintiff, v. JOHN F. MAGEE, et al., Defendants, Case No.
13-CV-3601 (KMK) (S.D.N.Y.), Judge Kenneth M. Karas of the United
States District Court for the Southern District of New York granted
the renewed motion filed by John F. Magee to withdraw the reference
to the bankruptcy court of the adversary proceeding.

Gregory Messer, as trustee of the FKF Trust, brought an adversary
proceeding, asserting several claims against defendants John F.
Magee, Mitchell L. Klein, Burton R. Dorfman, Melissa A. Magee,
Patrice L. Magee, Jonathan Magee, Lizbeth Magee Keefe, Lawrence J.
Keefe, Jr., Valerie Magee, FKF Holding Company, LP, FKF V Holding
Co., S.F. Properties, LLC, Commercial Construction, Inc., Bradley
Industrial Park, Inc., FKF Edgewater, LLC, Aventine Edgewater LLC,
FKF Retail LLC, Aventine Retail, LLC, Jerry's Self Storage, LLC,
Rose Glasses, LLC, Bashert Developers, LLC, TA Group, LLC, JDJ
Holding Co., LLC, Fasman, Klein & Feldstein, LLP, and Dorfman,
Knoebel & Conway, LLP, in connection with the underlying bankruptcy
proceeding of FKF 3, LLC.

Mr. Magee, independently and/or on behalf of entities within his
control, asserts a contingent claim in the amount of $30,000,000
against [the Debtor], along with a contingent, unliquidated claim
against the Debtor in an amount yet to be determined by reason of
the Debtor's failure.

The Debtor is owned in equal shares by its principals and members
Magee, a real estate entrepreneur, Klein, an accountant, and
Dorfman, an attorney.  In the adversary proceeding, the Plaintiff
seeks an award of actual damages against the Principals on account
of the Principals' breaches of their fiduciary duties in an amount
not less than $75 million, punitive damages, recovery of over $50
million in fraudulent transfers made directly and indirectly to the
Principals and their various family members and companies, and
damages against the FKF Firm and Dorfman Firm for malpractice,
professional negligence, breach of fiduciary duties, and for
contributing to the Principals' tortious conduct.

Mr. Magee initially filed a Motion to Withdraw the Reference to the
Bankruptcy Court on January 12, 2012, which was dismissed without
prejudice to renewal on May 7, 2013.  After the First Motion to
Withdraw was filed, pretrial proceedings continued in the
bankruptcy court, and discovery closed on June 28, 2013.  Magee
subsequently filed the renewed motion on May 29, 2013.

Judge Karas determined that the bankruptcy court lacks the
constitutional authority to finally adjudicate the Trustee's claims
for breach of fiduciary duty, aiding and abetting breach of
fiduciary duty, alter-ego liability, and contribution, and that the
Seventh Amendment requires that John F. Magee have a jury trial as
to those claims, the reference must be withdrawn, at a minimum, as
to those claims, given that the case is trial ready.

However, Judge Karas also noted that given the substantial factual
overlap among the various claims and the defendants, it would be
inefficient to try the case in separate courts.  The judge
explained that the overall factual similarity among the various
claims, defendants, and factual issues would render multiple
proceedings too wasteful to allow.

Accordingly, Judge Karas withdrew the reference as to the entire
adversary proceeding.  Ther adversary proceeding will be heard by
the District Court in its entirety.

A full-text copy of Judge Karas' August 30, 2016 opinion and order
is available at https://is.gd/aRgXMs from Leagle.com.

FKF 3, LLC is represented by:

          Jeffrey A. Reich, Esq.
          REICH REICH & REICH, P.C.
          235 Main Street, Suite 450
          White Plains, NY 10601
          Tel: (914)949-2126
          Fax: (914)949-1604
          Email: reichlaw@aol.com

Gregory Messer is represented by:

          Frederick N. Stevens, Esq.
          KLESTADT & WINTERS, LLP
          570 Seventh Avenue, 17th Floor
          New York, NY 10018
          Tel: (212)972-3000
          Fax: (212) 972-2245
          Email: fstevens@klestadt.com

John F. Magee is represented by:

          Michael David Pinsky, Esq.
          HAYWARD, PARKER, O'LEARY & PINSKY
          225 Dolson Avenue, Suite 303
          Middletown, NY 10940
          Tel: (845)343-6227
          Fax: (845)343-1927

                         About FKF 3, LLC

URI Sasson, Kathryn Bareket, and Angela Badami made an involuntary
Chapter 11 bankruptcy protection against FKF 3, LLC, on July 19,
2010 (Bankr. S.D. N.Y. Case No. 10-37170).  Judge Cecelia G.
Morris presides over the case.  Henry N Christensen, Jr., Esq., at
Norton & Christensen, represents the petitioners.

Judge Morris ruled that the Company is eligible to be a Debtor
under Chapter 11 of the Bankruptcy Code.


FLOUR CITY: Bankruptcy Judge Rejects $5-Mil. Bid from Lender
------------------------------------------------------------
Katy Stech, writing for The Wall Street Journal Pro Bankruptcy,
reported that a federal judge rejected a $5 million purchase offer
for Bruegger's Bagels largest franchisee, Flour City Bagels, LLC,
questioning in a detailed ruling whether financial professionals
who put the company's 30 locations in upstate New York into
bankruptcy took competing purchase offers seriously.

According to the report, in a 59-page opinion, U.S. Bankruptcy
Court Judge Paul Warren pointed out that Kevin Coyne, who runs the
chain's operations and declared a lender's $5 million bid to be a
bankruptcy auction's winning offer, was put in power by that same
lender in August 2015.

Mr. Coyne took over after the franchisee fell behind on borrowing
promises, the report noted.  After a June 28 auction, Mr. Coyne
determined that the bid from lender Canal Mezzanine Partners II LP
-- an offer that consisted of $1.3 million and $3.7 million in
forgiven debt -- beat an offer from an affiliate of the Bruegger's
franchise owner itself, the report further noted.  The bagel chain
offered $4.75 million in cash, the report said.

In his ruling, Judge Warren said that the lender's bid put the
company at "a very serious risk" of not having enough cash to pay
legal bills and other crucial debts, the report related.

"Bruegger's all-cash bid of $4.75 million would have eliminated
that risk, but was unpalatable to [the bankrupt company] -- and
Canal -- for obvious reasons," the report related, citing Judge
Warren.  "The court questions the fairness of the negotiations
between [the bankrupt chain] and Canal -- to the exclusion of
Bruegger's -- which ultimately led to the selection of Canal's bid
as the highest and best offer."

Judge Warren also declined to approve the $4.75 million offer from
Bruegger's franchise owner, the report said.

                 About Flour City Bagels

Headquartered in Fairport, New York, Flour City Bagels, LLC,
operates 32 bakeries that serve "New York Style" bagels, coffee,
drinks, soups, salads, sandwiches, fresh fruit, and a variety of
other related items.  In 1993, it opened its commissary in
Rochester, at which it produces bagels for sale at all of its 32
bakeries.  It employs 425 people.

Flour City Bagels sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.Y. Case No. 16-20213) on March 2,
2016, estimating both assets and debt in the range of $10 million
to $50 million.  Kevin Coyne, the manager, signed the petition.

Judge Paul R. Warren is assigned to the case.

The Debtor is represented by Stephen A. Donato, Esq., and Camille
W. Hill, Esq., at Bond, Schoeneck & King, PLLC, and Harry W.
Greenfield, Esq., Jeffrey Toole, Esq., and Heather E. Heberlein,
Esq., at Buckley King.

The Official Committee of Unsecured Creditors of Flour City
Bagels,
LLC, retained Kane Russell Coleman & Logan PC as counsel, Gordorn
&
Schaal, LLP as local counsel, and Corporate Recovery Associates,
LLC, as business and financial advisor for the Committee.


FRYMIRE SERVICES: Court OKs Cash Collateral Use on Final Basis
--------------------------------------------------------------
Judge Stacey G. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas  authorized Frymire Services, Inc. to
use cash collateral on a final basis.

Judge Jernigan directed the Debtor to establish and maintain a
debtor-in-possession account which will contain all operating
revenues and any other source of cash constituting cash collateral,
which is generated by and attributable to the collateral.

Judge Jernigan ordered the Debtor to pay Capital One, National
Association:

     (a) a single, lump sum payment of $150,000.00 before September
6, 2016; and

     (b) a monthly payment of $13,500.00 by the 5th business day of
each month commencing in October 2016 until further order of the
Court.

Judge Jernigan granted Capital One replacement liens co-extensive
with its prepetition liens, in all currently owned or
after-acquired property and assets of the Debtor, of the same kind
or nature that Capital One had prepetition.

Judge Jernigan directed the Debtor to deposit $25,000 into its
pre-petition operating account at Capital One, to protect Capital
One against any potential credit card chargebacks that may be
incurred by Capital One as a result of any of the Debtor’s
customers disputing or otherwise seeking a reversal of their prior
payments to the Debtor.

The approved cash collateral Budget covers a 12-month period
beginning on September 2016 and ending on August 2017.  The Budget
provides for total expenses in the amount of $14,062,066.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at http://tinyurl.com/jpbxcx8


                                About Frymire Services

Frymire Services, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Tex. Case No. 16-32814) on July 15, 2016.  The
petition was signed by George R. Frymire, president.

The Debtor was formed in Texas on April 2, 1956.  The Debtor
operates a commercial and residential services company specializing
in HVAC heating/cooling and plumbing.

Judge Stacey G. Jernigan presides over the case.  The Debtor is
represented by Bryan Christopher Assink, Esq., Mark A. Castillo,
Esq., and Joshua Lee Shepherd, Esq., at Curtis Castillo, Esq.  The
Debtor estimated assets and debts at $1 million to $10 million at
the time of the chapter 11 filing.


G-I HOLDINGS: NYCHA's Indemnity, Restitution Claims Dismissed
-------------------------------------------------------------
Judge Rosemary Gambardella of the United States Bankruptcy Court
for the District of New Jersey granted in its entirety G-I
Holdings, Inc., et al.'s motion for summary judgment against the
New York City Housing Authority on its indemnity and restitution
claims, and denied NYCHA's cross-motion for partial summary
judgment as to liability.

G-I Holdings is the successor-in-interest to GAF Corporation, an
entity named in approximately 500,000 asbestos-related lawsuits.

NYCHA filed its proof of claim on October 13, 2008, for asbestos
property damage in the amount of $500 million to pay for the
remediation of NYCHA owned housing complexes and buildings where,
it was alleged, asbestos-containing products originally
manufactured, mined, distributed, and sold by the debtors or its
predecessors-in-interest were installed.  NYCHA further alleged
that it incurred costs necessary to abate the hazards by replacing
such products with non-toxic substitutes.

On December 10, 2008, G-I objected to NYCHA's Proof of Claim on the
basis that NYCHA's claims have long since been time-barred, and
NYCHA was aware of the purported damage to its buildings from the
asbestos containing materials long before January 5, 2008, the
cutoff date for such claims.

On December 14, 2010, the court entered a decision on G-I's
objection and determined that NYCHA's tort based claims, including
negligence, personal injury, and/or property damage, were
time-barred.

On December 15, 2014, G-I filed a motion for summary judgment on
NYCHA's causes of action for indemnity and restitution, making
three main arguments in support of its position:

     1) NYCHA cannot make the factual or legal showing necessary
        to sustain claims for equitable indemnity and restitution;

     2) NYCHA's causes of action for equitable indemnity and
        restitution are recast time-barred tort claims; and

     3) NYCHA's equitable claims are precluded by laches and
        should be dismissed.

On February 9, 2014, NYCHA also filed a cross motion for partial
summary judgment as to liability on its restitution and indemnity
claims, asserting that it has "provided more than sufficient
evidence to prove the material facts of each" of the elements that
the court identified in its 2010 opinion to establish claims for
true restitution and indemnity and that on the "significant"
question whether the asbestos containing materials at issue are
"inherently dangerous," that G-I has demonstrated that it has no
scientific and evidence-based proof that the products of its
predecessors in NYCHA buildings are not hazardous to human health.

Judge Gambardella held that, as a matter of law, summary judgment
must be granted in favor of G-I and against NYCHA with respect to
NYCHA's common law indemnity claim because, although NYCHA owes a
duty to its tenants, that duty does not extend, as a matter of law,
to G-I to indemnify NYCHA for its own activities.

Judge Gambardella also concluded that G-I is entitled to summary
judgment on NYCHA's restitution claims.  The judge held that an
award for restitution damages to NYCHA is not appropriate because
to do so would make damages recoverable from a party who supplied
any potentially hazardous materials or substances.  The judge found
that, NYCHA in essence, has failed to show it fulfilled a duty also
owed by G-I in response to action that was "immediately necessary"
to protect "public decency, health, or safety."  Judge Gambardella
found no genuine dispute as to any material fact regarding the lack
of urgency as it pertains to NYCHA's restitution claims.

Lastly, Judge Gambardella found that NYCHA's indemnity and
restitution claims are recast time-barred tort claims and as such
must be dismissed.

A full-text copy of Judge Gambardella's September 9, 2016 opinion
is available at http://bankrupt.com/misc/njb01-30135-11004.pdf

Reorganized Debtors, G-I Holdings, Inc., et al are represented by:

          Dennis J. O'Grady, Esq.
          Mark E. Hall, Esq.
          RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP
          Headquarters Plaza
          One Speedwell Avenue
          Morristown, NJ 07962-1901
          Tel: (973)538-0800
          Fax: (973)538-1984
          Email: dogrady@riker.com
                 mhall@riker.com

            -- and --

          Andrew Rossman, Esq.
          Scott C. Shelley, Esq.
          Jacob J. Waldman, Esq.
          QUINN EMANUEL, URQUHART & SULLIVAN, L.P.
          51 Madison Avenue
          New York, NY 10010
          Tel: (212)849-7000
          Fax: (212)849-7100
          Email: andrewrossman@quinnemanuel.com
                 scottshelley@quinnemanuel.com
                 jacobwaldman@quinnemanuel.com

            -- and –-

          Marc J. Kurzman, Esq.
          SANDAK, HENNESSEY & GRECO, LLP
          707 Summer Avenue
          Stamford, CT 06901
          Tel: (203)425-4200
          Fax: (203)325-8608
          Email: mkurzman@carmodylaw.com

New York City Housing Authority is represented by:

          Jeffrey M. Pollock, Esq.
          FOX ROTHSCHILD, LLP
          Princeton Pike Corporate Center
          997 Lenox Drive - Building 3
          Lawrenceville, NJ 08648-2311
          Tel: (609)896-3600
          Fax: (609)896-1469
          Email: jmpollock@foxrothschild.com

            -- and --

          Philip J. Goodman, Esq.
          LAW OFFICES OF PHILIP J. GOODMAN, P.C.
          280 North Old Woodward Avenue - Suite 407
          Birmingham, MI 48009

            -- and --

          Christopher M. Placitella, Esq.
          Jared M. Placitella, Esq.
          Joel Rosen, Esq.
          Stewart L. Cohen, Esq.
          Harry M. Roth, Esq.
          COHEN, PLACITELLA & ROTH. P.C.
          2001 Market Street - Suite 2900
          Philadelphia, PA 19103
          Tel: (866)291-7088
          Fax: (215)567-6019

                 About G-I Holdings

Based in Wayne, New Jersey, G-I Holdings, Inc., is a holding
company that indirectly owns Building Materials Corporation of
America, a manufacturer of premium residential and commercial
roofing products.  The Company filed for bankruptcy after already
spending $1.5 billion paying asbestos claims from the 1967
acquisition of Ruberoid Co.

G-I Holdings, Inc., fka GAF Corporation, filed a chapter 11
petition (Bankr. D.N.J. Case No. 01-30135) on Jan. 5, 2001, and
continued to operate its business as a debtor-in-possession
pursuant to Sections 1107(a) and 1108 of the Bankruptcy Code.
ACI, Inc., a subsidiary of G-I Holdings, filed a voluntary chapter
11 petition (Bankr. D.N.J. Case No. 01-38790) on Aug. 3, 2001.
On Oct. 10, 2001, the Bankruptcy Court entered an Order directing
the joint administration of the G-I Holdings and ACI bankruptcy
cases.

Dennis J. O'Grady, Esq., and Mark E. Hall, Esq., at Riker, Danzig,
Scherer, Hyland & Perretti, LLP, serve as co-counsel to the
Reorganized Debtors.  Andrew J. Rossman, Esq., and Jacob J.
Waldman, Esq., at Quinn Emanuel, Urquhart & Sullivan, LLP, serve
as special counsel to Reorganized Debtors.

An Official Committee of Unsecured Creditors was appointed on
Jan. 18, 2001, by the U.S. Trustee to represent those individuals
who allegedly suffered injuries related to asbestos exposure from
products manufactured by the predecessors of G-I Holdings.
Lowenstein Sandler PC represents the Unsecured Creditors
Committee.  On Oct. 10, 2001, the Bankruptcy Court appointed C.
Judson Hamlin as the Legal Representative, a fiduciary to
represent the interests of persons who hold present and future
asbestos-related claims against G-I.  Keating, Muething & Klekamp,
P.L.L., is the principal counsel to the Legal Representative of
Present and Future Asbestos-Related Demands.

G-I Holdings is the successor-in-interest to GAF Corporation, an
entity named in approximately 500,000 asbestos-related lawsuits.
The Committee submitted that, as successor-in-interest to GAF, G-I
Holdings remained liable for roughly 150,000 asbestos-related
lawsuits filed, but unresolved, as of the Petition Date and for
unknown numbers of asbestos-related claims that would be filed in
the future.

In early 1994, GAF Building Materials Corporation, an indirect
subsidiary of GAF, formed a new corporation as a wholly-owned
subsidiary known as Building Materials Corporation of America.
Pursuant to that transaction, BMCA received substantially all of
the assets of GAF's roofing products business and expressly
assumed $204 million of asbestos-related liability, with G-I
indemnifying BMCA against any additional such liability.  BMCA,
also an indirect subsidiary of G-I Holdings, is the primary
operating subsidiary and principal asset of G-I Holdings.

In early 2007, the Debtors, the Committee and the Legal
Representative commenced mediation under the auspices of former
United States District Judge Nicholas H. Politan in an effort to
resolve the asbestos-related lawsuits.  Subsequently, the Parties
outlined the principal terms of a global settlement and endeavored
to complete a final global settlement with comprehensive
documentation in the form of a proposed Chapter 11 plan and its
ancillary documents.  To preserve the status quo, the Parties
mutually agreed to request a stay of all litigation which would be
covered under the final global settlement from this Court and
other courts of competent jurisdiction.  Although lengthy and
initially unsuccessful, the negotiations continued until the
parties reached a settlement culminating in an agreement in early
August 2008.

On Aug. 21, 2008, the Parties filed the Joint Plan of
Reorganization of G-I Holdings Inc. and ACI Inc. Pursuant to
Chapter 11 of the Bankruptcy Code that implemented the Global
Settlement of all asbestos-related lawsuits naming G-I Holdings
and any other related entities as defendant(s).  The Joint Plan of
Reorganization provided for the creation of an asbestos trust
pursuant to Section 524(g) of the Bankruptcy Code, to which all
asbestos-related lawsuits against the Debtors now and in the
future would be channeled.  Pursuant to the Global Settlement, the
Asbestos Trust would assume the Debtors' liability for asbestos-
related lawsuits, in exchange for cash on the effective date of
the Joint Plan of Reorganization in an amount not to exceed $215
million, and a note in the amount of $560 million issued by the
reorganized Debtors and secured by a letter of credit.

The Bankruptcy Court and Chief Judge Garrett Brown of the U.S.
District Court for the District of New Jersey, by Order dated Nov.
12, 2009, jointly approved the Debtors' Eighth Amended Joint Plan
of Reorganization.


GARDENS REGIONAL: Creditors' Panel Hires Bienert as Special Atty.
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Gardens Regional
Hospital and Medical Center, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Central District of California to
retain Bienert Miller & Katzman, PLC as special counsel to the
Committee.

The Committee intends to investigate the extent, validity, and
priority of the alleged liens of the Debtor's alleged secured
creditors, including RollinsNelson Grp, LLC; Sycamore Health Care
Services, LLC; Roxbury Healthcare Services, LLC; and Harbor-Gardens
Capital I, LLC.

The Committee seeks to retain Bienert as special counsel for the
limited purpose of working in conjunction with Sills Cummis &
Gross, P.C., to do these tasks:

    a. undertake informal and formal discovery of the Debtor's
       alleged secured creditors and any related parties with
       respect to the extent, validity, and priority of their
       alleged liens and any related issues;

    b. prepare necessary applications, responses, objections,
       orders, reports, and other legal papers relating to the
       Investigation;

    c. represent the Committee in any and all matters relating to
       the Investigation;

    d. assist the Committee in its analysis of the materials
       obtained in and legal issues relating to the
       Investigation; and

    e. perform any and all other legal services for the Committee
       that may be necessary or desirable in this case with
       respect to the Investigation.

Bienert will be paid at these hourly rates:

     Steven Jay Katzman              $725
     Anthony R.Bisconti              $450
     Attorneys                       $365-$800
     Paralegals                      $200-$235

Interim payment of Bienert and other attorneys -- Sills Cummis &
Gross, P.C., and Lobel Weiland Golden Friedman, LLP -- will be
capped at a combined $50,000 per month, with payment of any allowed
fees in excess of $50,000 per month deferred until confirmation of
a plan in the bankruptcy case, dismissal of the bankruptcy case, or
approval of a trustee's final report if the case is converted to a
case under Chapter 7 of the Bankruptcy Code. The cap is limited to
professional fees and does not include incurred expenses.

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

Steven J. Katzman, member of the law firm of Bienert Miller
Katzman, PLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Bienert can be reached at:

     Steven J. Katzman, Esq.
     Anthony R. Bisconti, Esq.
     BIENERT, MILLER & KATZMAN, PLC
     903 Calle Amanecer, Suite 350
     San Clemente, CA 92673
     Tel: (949) 226-6776
     Fax: (949) 369-3701
     E-mail: skatmzan@bmkattorneys.com
             tbisconti@bmkattorneys.com

                     About Gardens Regional

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

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
C.D.Calif. Case No. 16-17463) on June 6, 2016, estimating its
assets at between $1 million and $10 million, and liabilities at
between $10 million and $50 million. The petition was signed by
Brian Walton, chairman of the Board. Judge Ernest M. Robles
presides over the case. Samuel R Maizel, Esq., and John A Moe,
Esq., at Dentons US LLP serves as the Debtor's bankruptcy counsel.

On July 5, 2016, the Office of the United States Trustee filed a
notice of appointment of the official committee of unsecured
creditors. The Committee tapped Sills Cummis & Gross P.C. and Lobel
Weiland Golden Friedman LLP, to serve as attorneys. The Committee
hired Bienert Miller $ Katzman, PLC, to act as special counsel.



GARDENS REGIONAL: Spine Surgical, Gardena Removed from Committee
----------------------------------------------------------------
The Office of the U.S. Trustee on September 7 removed Spine
Surgical Implants Inc. and Gardena Hospital L.P. as members of the
official committee of unsecured creditors of Gardens Regional
Hospital and Medical Center, Inc.

The remaining members of the committee are:

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

     (2) Robert Zadek
         Lenders Funding, LLC
         1001 Bridgeway, No. 721
         Sausalito, CA 94965
         Tel: (415) 227-3585
         Email: rzadek@buchalter.com

                About Gardens Regional Hospital

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

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. C.D.
Calif. Case No. 16-17463) on June 6, 2016, estimating its assets at
between $1 million and $10 million, and liabilities at between $10
million and $50 million.  The petition was signed by Brian Walton,
chairman of the Board.  Judge Ernest M. Robles presides over the
case.  Samuel R Maizel, Esq., and John A Moe, Esq., at Dentons US
LLP serves as the Debtor's bankruptcy counsel.


GR HOSPITALITY: Wants to Use Lakeland West Cash Collateral
----------------------------------------------------------
GR Hospitality Management, LLC asks the U.S. Bankruptcy Court for
the Northern District of Texas for authorization to use Lakeland
West Capital XXV, LLC's cash collateral.

The Debtor intends to use the cash collateral to continue the its
ongoing operations at the Best Western Plus Graham Inn located in
Graham, Texas.  The Debtor contends that it has an immediate need
to use the cash collateral to enable it to pay its ongoing
expenses, generate additional income and to propose a plan in its
Chapter 11 case.

The Debtor tells the Court that it can adequately protect the
interests of Lakeland West by providing it with co-extensive
post-petition liens, a priority claim in the Chapter 11 bankruptcy
case, and cash flow payments, which is the greater of $10,000 or
excess cash flow after payment of expenses.

The Debtor's proposed One-Month Budget projected total expenses
amounting to $76,210.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at http://tinyurl.com/j3kvjtz


                                About GR Hospitality

GR Hospitality Management, LLC, operates the Best Western Plus
Graham Inn located in Graham, Tex.  The Debtor filed a chapter 11
petition (Bankr. N.D. Tex. Case No. 16-70179) on June 6, 2016.  The
petition was signed by Kirnbir S. Grewal, president.

The Debtor is represented by Joyce W. Lindauer, Esq. at Joyce W.
Lindauer Attorney, PLLC.  The case is assigned to Judge Harlin
DeWayne Hale.

At the time of the filing, the Debtor estimated its assets and
liabilities at less than $10 million.  A list of the Debtor's five
largest unsecured creditors is available for free at
http://bankrupt.com/misc/txnb16-70179.pdf  


GREAT BASIN: Had 64.27M Outstanding Common Shares as of Sept. 9
---------------------------------------------------------------
On Sept. 6 to 7, 2016, certain holders of the 2015 Notes were
issued shares of Great Basin Scientific, Inc.'s common stock
pursuant to Section 3(a)(9) of the United States Securities Act of
1933, (as amended) in connection with the pre-installment amount
converted for the amortization date of Sept. 30, 2016.  In
connection with the pre-installments, the Company issued 4,500,000
shares of common stock upon the conversion of $900,000 principal
amount of 2015 Notes at a conversion price of $0.20.

As of Sept. 9, 2016, a total principal amount of $10,967,364 of the
2015 Notes has been converted into shares of common stock and
$11,132,636 principal remains to be converted, subject to
deferrals.  A total of $11.3 million of the proceeds from the 2015
Notes has been released to the Company including $4.6 million at
closing and $6.7 million from the restricted cash accounts.  $7.1
million remains in the restricted accounts to be released to the
Company upon future installments.

The Company previously filed an 8-K on Sept. 2, 2016, and reported
59,774,986 shares outstanding, therefore as of Sept. 9, 2016, there
are 64,274,986 shares of common stock issued and outstanding.

                       About Great Basin

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

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

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

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


GREEN PLAINS: Egan-Jones Cuts LC Sr. Unsec. Debt Rating to B
------------------------------------------------------------
Egan-Jones Ratings Company lowered the local currency senior
unsecured rating on debt issued by Green Plains Inc. to B from B+
on Aug. 25, 2016, and the foreign currency senior unsecured rating
on the Company to B from BB+.  EJR also downgraded the commercial
paper rating on the Company to B.

Green Plains Inc. is an American company based in Omaha, Nebraska
that was founded in 2004. It is an ethanol fuel producer.



GUIDED THERAPEUTICS: Amends Current Report to Correct Typo
----------------------------------------------------------
Guided Therapeutics Corporation has amended its current report on
Form 8-K dated Sept. 6, 2016, to correct a typographical error in
the amount cited in the first sentence of the second of Item 1.01
of the Original Form 8-K, which is corrected to be "$0.10".

On Sept. 6, 2016, the Company entered into a royalty agreement with
John E. Imhoff and Dolores M. Maloof pursuant to which the Company
sold to Imhoff and Maloof a royalty of future sales of the
Company's single-use cervical guides for its LuViva Advanced
Cervical Scan non-invasive cervical cancer detection device.

Under the terms of the royalty agreement, and for consideration of
$50,000 received by the Company from Imhoff and Maloof, the Company
will pay to Imhoff and Maloof an aggregate perpetual royalty equal
to $0.10 for each Disposable that the Company invoices and receives
payment, or is sold by a third party pursuant to a licensing
arrangement with the Company, from the date of this Agreement, net
of any returns of Disposables.  The Company will pay the royalty on
a quarterly basis, no later than 45 days following the end of each
fiscal quarter during the Royalty Term, based on Disposable Sales,
net of returns of Disposables, for that quarter.

At any time prior to Oct. 2, 2016, the Company may, in its sole
discretion, upon cash payment to Imhoff and Maloof of $50,000,
permanently reduce the royalty rate per Disposable Sale $0.033. If
payment is not made by Oct. 2, 2016, the royalty rate per
Disposable Sale shall permanently increase to $0.20.

John E. Imhoff, is a member of the Board of Directors of the
Company.

                 About Guided Therapeutics
  
Guided Therapeutics, Inc. (OTC BB and OTC QB: GTHP)
-- http://www.guidedinc.com/-- is developing a rapid and painless
test for the early detection of disease that leads to cervical
cancer.  The technology is designed to provide an objective result
at the point of care, thereby improving the management of cervical
disease.  Unlike Pap and HPV tests, the device does not require a
painful tissue sample and results are known immediately.  GT has
also entered into a partnership with Konica Minolta Opto to
develop a non-invasive test for Barrett's Esophagus using the
LightTouch technology platform.

Guided Therapeutics reported a net loss attributable to common
stockholders of $9.50 million on $42,000 of contract and grant
revenue for the year ended Dec. 31, 2015, compared to a net loss
attributable to common stockholders of $10.03 million on $65,000
of contract and grant revenue for the year ended Dec. 31, 2014.

As of June 30, 2016, Guided Therapeutics had $2.31 million in total
assets, $9.44 million in total liabilities, and a total
stockholders' deficit of $7.13 million.


GYPSUM MANAGEMENT: S&P Raises CCR to 'B+', Outlook Stable
---------------------------------------------------------
S&P Global Ratings said it raised its corporate credit rating on
Tucker, Ga.-based Gypsum Management & Supply Inc. to 'B+' from 'B'.
The outlook is stable.

At the same time, S&P raised the issue-level rating on the
company's first-lien term loan to 'B+' (in line with the 'B+'
corporate credit rating) from 'B'.  The recovery rating remains
unchanged at '3', which indicates S&P's expectation of meaningful
(50%-70%; upper half of the range) recovery in the event of a
payment default.

"The stable outlook reflects our expectation that Gypsum's forecast
2017 leverage will remain within the aggressive financial risk
profile category, with debt to EBITDA between 4x and 4.5x and FFO
to debt ranging from 12%-20%," said S&P Global Ratings credit
analyst Kimberly Garen.  "The outlook also reflects our expectation
that liquidity will remain adequate to meet all of the company's
obligations and that availability under the secured revolving
credit facility will be adequate to fund working capital and
capital spending requirements."

S&P views a downgrade to be unlikely over the next 12 months based
on S&P's expectation for favorable market conditions for Gypsum's
business over that timeframe.  However, S&P would lower its rating
if the U.S. housing recovery stalled, resulting in reduced EBITDA
and leverage trending toward 5x.  S&P could also lower its rating
if the company assumed a more aggressive financial policy
incorporating debt financed dividends, acquisitions, or share
repurchases such that debt leverage approached 5x.

S&P is unlikely to upgrade the company over the next year given its
continued majority ownership by its financial sponsor and debt
leverage above 4x, commensurate with an aggressive financial risk
profile.  However, S&P could consider an upgrade if the company
sustained debt to leverage at 3x or below and the financial sponsor
divested its investment to less than a controlling position.


HALCON RESOURCES: Amends Certificate of Incorporation & Bylaws
--------------------------------------------------------------
Upon consummation of its previously disclosed plan of
reorganization, Halcon Resources Corporation amended and restated
its certificate of incorporation to provide for:

    (i) a classified board structure;

   (ii) the right of removal of directors with or without cause by
        stockholders; and

  (iii) a restriction on the Company from issuing any non-voting
        equity securities in violation of Section 1123(a)(6) of
        the Bankruptcy Code.

The Company also amended its bylaws to provide for (i) a classified
board structure and (ii) majority voting for the election of
directors, except if the number of director nominees exceeds the
number of directors to be elected at a meeting of stockholders,
such election will be by plurality voting.

                       About Halcon Resources

Halcon Resources Corporation is an independent energy company
engaged in the acquisition, production, exploration and development
of onshore oil and natural gas properties in the United States.

Halcon Resources and 21 of its subsidiaries each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 16-11724 through 16-11745) on July 27, 2016.  The
petitions were signed by Stephen W. Herod as president.  The
Debtors listed assets of $2.84 billion and debts of $3.14 billion
as of March 31, 2016.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP and
Weil, Gotshal & Manges LLP as co-counsel; PJT Partners LP as
investment banker; Alvarez & Marsal North America, LLC as
restructuring advisor; and Epiq Bankruptcy Solutions, LLC as
claims, noticing and solicitation agent.

Halcon Resources completed its financial restructuring and emerged
from its pre-packaged Chapter 11 bankruptcy cases on Sept. 9, 2016.
All of the conditions under its Plan of Reorganization, which was
confirmed by the US Bankruptcy Court for the District of Delaware
on Sept. 8, 2016, have been satisfied or otherwise waived in
accordance with the terms of the Restructuring Plan.


HANISH LLC: Can Access Cash Held by Phoenix Until Nov. 9
--------------------------------------------------------
Judge Bruce A. Harwood of the U.S. Bankruptcy Court for the
District of New Hampshire authorized Hanish, LLC to use Phoenix
REO, LLC's cash and non-cash Collateral.

The Debtor's use of cash collateral was limited solely for the
purpose of paying its ordinary and necessary business expenses as
stated in the approved Budget, through November 9, 2016.

The Debtor's use of cash collateral is subject to these terms:

     (a) Phoenix is granted a security interest, to the extent of
any diminution in the value of the Lender’s cash and non-cash
Collateral, in all of the Debtor’s post-petition assets.

     (b) The Debtor is directed to maintain all necessary insurance
and to pay any and all taxes, municipal charges, or other amounts
accruing upon or with respect to the Collateral.

     (c) Beginning on June 1, 2016, the Debtor is required to make
monthly payments to Phoenix in an amount equal to $20,000.

A further hearing on the Debtor's use of cash collateral is
scheduled on November 9, 2016 at 1:30 p.m.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at https://is.gd/zYNwco

Phoenix REO, LLC is represented by:

          Alexander G. Rheaume, Esq.
          Riemer & Braunstein LLP
          Three Center Plaza
          Boston, Massachusetts 02108
          Email: arheaume@riemerlaw.com


                              About Hanish, LLC

Hanish, LLC owns and operates a 59-unit Fairfield Inn & Suites by
Marriott in Hooksett, N.H.  The company sought chapter 11
protection (Bankr. D. N.H. Case No. 16-10602) on Apr. 26, 2016, and
is represented by Steven M. Notinger, Esq., at Notinger Law, PLLC,
in Nashua, N.H.  The petition was signed by Nayan Patel, managing
member.

Judge Bruce A. Harwood presides over the case.

The Debtor estimated its assets and debts at less than $10 million
at the time of the filing.   A list of the Debtor's 20 largest
unsecured creditors is available for free at
http://bankrupt.com/misc/nhb16-10602.pdf


HANJIN SHIPPING: Secures $45M, More May Take "Considerable Time"
----------------------------------------------------------------
The American Bankruptcy Institute, citing Hyunjoo Jin and Cecile
Lefort of Reuters, reported that the chairman of Hanjin Group
transferred 40 billion won ($36 million) to Hanjin Shipping
(117930.KS) on Sept. 14 to help unload cargo stranded on the
troubled shipper's vessels, a spokesman said, but regulators warned
securing further funds could take "considerable time."

According to the report, the parent of Hanjin Shipping pledged to
raise 100 billion won to help rescue cargo in the wake of the
collapse of the world's seventh-biggest container shipper,
including the 40 billion won from Chairman Cho Yang-ho.

About $9 million pledged by Choi Eun-young, a former chairwoman of
Hanjin Shipping, has also come in, the report related, citing the
shipper.

Around $14 billion of cargo has been tied up globally as ports,
tugboat operators and cargo handling firms worried about not being
paid refused to work for Hanjin, which filed for receivership in a
Seoul court on Aug 31, the report further related.

Goods started to move as workers in California unloaded a second
Hanjin ship, the Hanjin Boston, at the Port of Los Angeles on Sept.
14, the report said, citing industry officials.

Hanjin Shipping submitted to a South Korean court that it could
take an estimated 173 billion won ($154.5 million) to unload all
stranded cargo, a Seoul Central District Court judge told Reuters.

                      About Hanjin Shipping

Hanjin Shipping Co., Ltd., is mainly engaged in the transportation
business through containerships, transportation business through
bulk carriers and terminal operation business.  The Debtor is a
stock-listed corporation with a total of 245,269,947 issued shares
(common shares, KRW 5000 per share) and paid-in capital totaling
KRW 1,226,349,735,000.  Of these shares 33.23% is owned by Korean
Air Lines Co., Ltd., 3.08% by Debtor and 0.34% by employee
shareholders' association.

The Company operates approximately 60 regular lines worldwide, with
140 container or bulk vessels transporting over 100 million tons of
cargo per year.  It also operates 13 terminals specialized for
containers, two distribution centers and six Off Dock Container
Yards in major ports and inland areas around the world.  The
Company is a member of "CKYHE," a global shipping conference and
also a partner of "The Alliance," another global shipping
conference to be launched in April 2017.

Hanjin Shipping listed total current liabilities of KRW 6,028,543
million and total current assets of KRW 6,624,326 million as of
June 30, 2016.

As a result of the severe lack of liquidity, Hanjin applied to the
Seoul Central District Court 6th Bench of Bankruptcy Division for
the commencement of rehabilitation under the Debtor Rehabilitation
and Bankruptcy Act on Aug. 31, 2016.  On the same day, it requested
and was granted a general injunction and the preservation of
disposition of the Company's assets.  The Korean Court's decision
to commence the rehabilitation was made on Sept. 1, 2016.  Tai-Soo
Suk was appointed as the Debtor's custodian.

The Chapter 15 case is pending in the U.S. Bankruptcy Court for
the
District of New Jersey (Bankr. D.N.J. Case No. 16-27041) before
Judge John K. Sherwood.

Cole Schotz P.C. serves as counsel to Tai-Soo Suk, the Chapter 15
petitioner and the duly appointed foreign representative of Hanjin
Shipping.


HARRINGTON & KING: Seeks to Extend Plan Filing Period to Jan. 2017
------------------------------------------------------------------
The Harrington & King Perforating Co., Inc. and Harrington & King
South, Inc. request the U.S. Bankruptcy Court for the Northern
District of Illinois to extend the Debtors' exclusive period within
which to file a plan to January 6, 2017, and the Debtors' period to
obtain acceptances to March 7, 2017.

The Debtors tell the Court that they are in the midst of
stabilizing their businesses and making operational improvements
which will form one of the bases of a plan of reorganization, the
results of which will materially affect the Debtors' plan.

The Debtors further tell the Court that they cannot propose a plan
without knowing the universe of claims which are filed in their
case considering that the general bar date is set for Oct. 5, 2016,
and the bar date for governmental units is Nov. 3, 2016, where both
periods are set after the exclusive periods end.

                About The Harrington & King Perforating Co., Inc.

The Harrington & King Perforating Co., Inc. and Harrington & King
South Inc. are in the business of manufacturing perforating metal
sheets and rolled coils of varying gauges and types to produce hole
patterns of various sizes, shapes, and spacing.  Most of the work
is done to customer specifications and consists of high value-added
jobs, not typical of most metal punching.  The products are used in
automotive, acoustics, architecture, food and pharmaceutical
straining and filtering, interior design, manufacturing, safety
flooring, pollution control, transportation and mining cleaning and
grading, electronics and other fields.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ill. Case Nos. 16-15650 and 16-15651) on May 7,
2016.  The petitions were signed by Greg McCallister, chief
restructuring officer and chief operating officer.

The cases are jointly administered under Case No. 16-15650.  The
cases are assigned to Judge Deborah L. Thorne.

The Debtors estimated both assets and liabilities in the range of
$1 million to $10 million.  The Debtors are represented by William
J. Factor, Esq., at FactorLaw.


HOOPER HOLMES: Liquidity Concerns Raise Going Concern Doubt
-----------------------------------------------------------
Hooper Holmes, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $2.46 million on $7.64 million of revenues
for the three months ended June 30, 2016, compared with a net loss
of $3.36 million on $7.66 million of revenues for the same period
in the prior year.

The Company's balance sheet at June 30, 2016, showed $14.63 million
in total assets, $15.10 million in total liabilities, and a
stockholders' equity of $477,000.

The uncertainty regarding the Company's ability to generate
sufficient cash flows and liquidity to fund operations raises
substantial doubt about its ability to continue as a going concern.
These financial statements do not include any adjustments that
might result from the outcome of this uncertainty.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/JcVHAk

Hooper Holmes, Inc., provides health risk assessment services and
wellness as well as health improvement services with
its acquisition of Accountable Health Solutions, Inc. (AHS).  The
Olathe, Kansas-based Company provides these services to
individuals as part of health and wellness programs offered through
corporate and government employers, and to clinical
research organizations.


HORSEHEAD HOLDING: Court Confirms 2nd Amended Plan
--------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court
confirmed Horsehead Holdings' Second Amended Joint Plan of
Reorganization with technical modifications. As previously
reported, "On the Effective Date, Reorganized Horsehead shall issue
New Common Equity (1) Holders of Secured Notes Claims and Unsecured
Notes Claims; and (2) to the applicable Plan Sponsors pursuant to
the Plan and the UPA.  On the Effective Date, the Additional
Capital Commitment Participants and Reorganized Horsehead shall be
bound by the purchase obligation and issuance obligations,
respectively, with respect to the Additional Capital Commitment
Units, in each case, pursuant to the terms of the UPA. On the
Effective Date, the New Limited Liability Company Agreement shall
be adopted by Reorganized Horsehead and shall be deemed to be
valid, binding and enforceable in accordance with its terms, and
each holder of New Common Equity shall be fully bound thereby in
all respects."

                   About Horsehead Holding Corp.

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

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

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

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

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

The U.S. Trustee's office appointed Aquamarine Capital and six
others to serve on Horsehead Holding Corp.'s committee of equity
security holders.  The Equity tapped Nastasi Partners as its
bankruptcy co-counsel; Richards, Layton & Finger P.A. as its
co-counsel; and SSG Capital Advisors, LLC as its financial advisor.


HOVNANIAN ENTERPRISES: Incurs $474,000 Net Loss in Third Quarter
----------------------------------------------------------------
Hovnanian Enterprises, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $474,000 on $717 million of total revenues for the three months
ended July 31, 2016, compared to a net loss of $7.68 million on
$541 million of total revenues for the three months ended July 31,
2015.

For the nine months ended July 31, 2016, the Company reported a net
loss of $25.1 million on $1.94 billion of total revenues compared
to a net loss of $41.6 million on $1.45 billion of total revenues
for the nine months ended July 31, 2015.

As of July 31, 2016, Hovnanian had $2.38 billion in total assets,
$2.54 billion in total liabilities and a total stockholders'
deficit of $152 million.

Results Highlights

Total revenues were $717 million in the third quarter of fiscal
2016, an increase of 32.6% compared with $540.6 million in the
third quarter of fiscal 2015.  For the nine months ended July 31,
2016, total revenues increased 33.8% to $1.95 billion compared with
$1.46 billion in the first nine months of the prior year.

Total SG&A was $66.6 million, or 9.3% of total revenues, a 330
basis point improvement during the third quarter of fiscal 2016
compared with $67.9 million, or 12.6% of total revenues, in last
year's third quarter.  Total SG&A was $199.4 million, or 10.2% of
total revenues, a 360 basis point improvement for the first nine
months of fiscal 2016 compared with $201.5 million, or 13.8% of
total revenues, in the first nine months of the prior year.

Total interest expense as a percentage of total revenues was 7.2%
during both the third quarter of fiscal 2016 and the third quarter
of fiscal 2015.  For the nine months ended July 31, 2016, total
interest expense as a percentage of total revenues declined 70
basis points to 6.9% compared with 7.6% during the same period a
year ago.

Homebuilding gross margin percentage, before interest expense and
land charges included in cost of sales, was 16.9% for the third
quarter ended July 31, 2016 compared with 17.8% for the third
quarter of fiscal 2015 and 16.1% for the second quarter of fiscal
2016.  During the first nine months of fiscal 2016, homebuilding
gross margin percentage, before interest expense and land charges
included in cost of sales, was 16.5% compared with 17.4% in the
same period of the previous year.

Income before income taxes in the third quarter of fiscal 2016 was
$1.1 million compared with a loss before income taxes of $10.0
million in the prior year's third quarter.  For the first nine
months of fiscal 2016, the loss before income taxes was $29.7
million compared with a loss before income taxes of $59.2 million
during the first nine months of fiscal 2015.

Income before income taxes, excluding land-related charges, in the
third quarter of fiscal 2016 was $2.7 million compared with a loss
before income taxes, excluding land-related charges, of $8.9
million in the prior year's third quarter.  For the first nine
months of fiscal 2016, the loss before income taxes, excluding
land-related charges, was $6.8 million compared with a loss before
income taxes, excluding land-related charges, of $51.5 million
during the first nine months of fiscal 2015.

For the third quarter of fiscal 2016, Adjusted EBITDA was $56.3
million compared with $32.2 million during the third quarter of
2015, a 74.8% increase.  For the first nine months of fiscal 2016,
Adjusted EBITDA increased 105.1% to $134.8 million compared with
$65.7 million during the first nine months of fiscal 2015.

Adjusted EBITDA to interest incurred was 1.40x for third quarter of
fiscal 2016 compared with 0.77x for the same quarter last year.
For the nine-month period ended July 31, 2016, Adjusted EBITDA to
interest incurred was 1.07x compared with 0.53x for the same period
one year ago.

Consolidated active selling communities decreased 15.5% from 206
communities at the end of the prior year's third quarter to 174
communities as of July 31, 2016, which was impacted by the sale of
ten communities in Minneapolis and Raleigh and the conversion of
four consolidated communities into unconsolidated joint venture
communities.  As of the end of the third quarter of fiscal 2016,
active selling communities, including unconsolidated joint
ventures, decreased 9.8% to 193 communities compared with 214
communities at July 31, 2015.

Consolidated net contracts per active selling community increased
13.5% to 8.4 net contracts per active selling community for the
third quarter of fiscal 2016 compared with 7.4 net contracts per
active selling community in the third quarter of fiscal 2015.  Net
contracts per active selling community, including unconsolidated
joint ventures, increased 3.9% to 8.0 net contracts per active
selling community for the quarter ended July 31, 2016, compared
with 7.7 net contracts, including unconsolidated joint ventures,
per active selling community in the third quarter of fiscal 2015.

The dollar value of consolidated net contracts decreased 4.3% to
$593.0 million for the three months ended July 31, 2016, compared
with $619.4 million during the same quarter a year ago.  The dollar
value of net contracts, including unconsolidated joint ventures,
during the third quarter of fiscal 2016 decreased 8.8% to $633.3
million compared with $695 million in last year’s third quarter.

The dollar value of consolidated net contracts increased 8.5% to
$1.98 billion for the first nine months of fiscal 2016 compared
with $1.82 billion in the first nine months of the previous year.
The dollar value of net contracts, including unconsolidated joint
ventures, for the nine months ended July 31, 2016 increased 6.3% to
$2.09 billion compared with $1.97 billion in the first nine months
of fiscal 2015.

The number of consolidated net contracts, during the third quarter
of fiscal 2016, decreased 4.3% to 1,467 homes compared with 1,533
homes in the prior year's third quarter.  In the third quarter of
fiscal 2016, the number of net contracts, including unconsolidated
joint ventures, decreased 7.3% to 1,537 homes from 1,658 homes
during the third quarter of fiscal 2015.

The number of consolidated net contracts, during the nine-month
period ended July 31, 2016, increased 3.5% to 4,810 homes compared
with 4,648 homes in the same period of the previous year. During
the first nine months of fiscal 2016, the number of net contracts,
including unconsolidated joint ventures, was 4,991 homes, an
increase of 1.5% from 4,918 homes during the first nine months of
fiscal 2015.

As of July 31, 2016, the dollar value of contract backlog,
including unconsolidated joint ventures, was $1.48 billion, an
increase of 7.7% compared with $1.37 billion as of July 31, 2015.
The dollar value of consolidated contract backlog, as of July 31,
2016, increased 3.8% to $1.31 billion compared with $1.26 billion
as of July 31, 2015.

As of July 31, 2016, the number of homes in contract backlog,
including unconsolidated joint ventures, decreased 1.3% to 3,232
homes compared with 3,275 homes as of July 31, 2015.  The number of
homes in consolidated contract backlog, as of July 31, 2016,
decreased 4.1% to 2,969 homes compared with 3,097 homes as of the
end of the third quarter of fiscal 2015.

Consolidated deliveries were 1,574 homes in the third quarter of
fiscal 2016, an 11.8% increase compared with 1,408 homes in the
third quarter of fiscal 2015.  For the three months ended July 31,
2016, deliveries, including unconsolidated joint ventures,
increased 10.3% to 1,627 homes compared with 1,475 homes in the
third quarter of the prior year.

Consolidated deliveries were 4,594 homes in the first nine months
of fiscal 2016, a 21.5% increase compared with 3,780 homes in the
same period in fiscal 2015.  For the nine months ended July 31,
2016, deliveries, including unconsolidated joint ventures,
increased 19.0% to 4,740 homes compared with 3,984 homes in the
first nine months of the prior year.

The contract cancellation rate, including unconsolidated joint
ventures, for the third quarter of fiscal 2016 was 22%, compared
with 20% in the third quarter of fiscal 2015.

The valuation allowance was $635.4 million as of July 31, 2016.
The valuation allowance is a non-cash reserve against the tax
assets for GAAP purposes.  For tax purposes, the tax deductions
associated with the tax assets may be carried forward for 20 years
from the date the deductions were incurred.

Management Comments

"During our third quarter we made progress towards our goal of
improving our profitability by increasing our revenues 33%, growing
Adjusted EBITDA by 75%, improving our Adjusted EBITDA coverage to
1.40x from 0.77x, and achieving a pretax profit," stated Ara K.
Hovnanian, chairman of the Board, president and chief executive
officer.  "However, we are fully aware that there is even more work
to do in order to return the company to higher levels of
sustainable profits.  We are anticipating a solid fourth quarter
with income before income taxes, excluding land related charges,
gains or losses on extinguishment of debt and other non-recurring
items such as legal settlements, expected to be between $32 million
and $42 million."

"After paying off $320 million of debt since October 15, 2015, we
ended the third quarter with $187.7 million of liquidity.
Subsequent to the end of the third quarter, we issued $150 million
of new debt to refinance debt maturing in 2017.  Completing this
debt transaction increases our liquidity and allows us to continue
land investments that will help return us to higher levels of
profitability in the future," concluded Mr. Hovnanian.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/jEnFQJ

                     About Hovnanian Enterprises

Red Bank, New Jersey-based Hovnanian Enterprises, Inc. (NYSE: HOV)
-- http://www.khov.com/-- founded in 1959 by Kevork S. Hovnanian,
is one of the nation's largest homebuilders with operations in
Arizona, California, Delaware, Florida, Georgia, Illinois,
Kentucky, Maryland, Minnesota, New Jersey, New York, North
Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and
West Virginia.  The Company's homes are marketed and sold under
the trade names K. Hovnanian Homes, Matzel & Mumford, Brighton
Homes, Parkwood Builders, Town & Country Homes, Oster Homes and
CraftBuilt Homes.  As the developer of K. Hovnanian's Four Seasons
communities, the Company is also one of the nation's largest
builders of active adult homes.

Hovnanian Enterprises reported a net loss of $16.1 million on
$2.14 billion of total revenues for the year ended Oct. 31, 2015,
compared to net income of $307 million on $2.06 billion of total
revenues for the year ended Oct. 31, 2014.

                           *     *     *

As reported by the TCR on April 22, 2016, Moody's Investors Service
downgraded the Corporate Family Rating of Hovnanian Enterprises,
Inc. to Caa2 and Probability of Default Rating to Caa2-PD.  The
downgrade of the Corporate Family Rating reflects Moody's
expectation that Hovnanian will need to dispose of assets and seek
alternative financing methods in order to meet its upcoming debt
maturity wall.

Hovnanian carries a 'CCC+' corporate credit rating from S&P Global
Ratings.

As reported by the TCR on Aug. 3, 2016, Fitch Ratings has affirmed
the ratings of Hovnanian Enterprises, Inc. (NYSE: HOV), including
the company's Long-Term Issuer Default Rating (IDR) at 'CCC'
following the recently announced financing commitments and proposed
tender offer for its existing unsecured notes.


IMAGEWARE SYSTEMS: Creates Series F Convertible Preferred Stock
---------------------------------------------------------------
ImageWare Systems, Inc. filed on Sept. 2, 2016, the Certificate of
Designations, Preferences, and Rights of the Series F Convertible
Preferred Stock with the Delaware Division of Corporations,
designating 2,000 shares of the Company's preferred stock, par
value $0.01 per share, as Series F Convertible Preferred Stock.
Shares of Series F Preferred rank junior to the Company's Series B
Convertible Redeemable Preferred Stock, Series E Convertible Stock
and existing indebtedness, and accrue dividends at a rate of 10%
per annum, payable on a quarterly basis in shares of the Company's
common stock, par value $0.01 per share.  Each share of Series F
Preferred has a liquidation preference of $1,000 per share, and is
convertible, at the option of the holder, into that number of
shares of the Company's Common Stock equal to the Liquidation
Preference, divided by $1.50.

                       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.

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.


INCYTE CORP: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB-
---------------------------------------------------------------
Egan-Jones Ratings Company raised the senior unsecured ratings on
debt issued by Incyte Corp to BB- from B+ on Aug. 22, 2016.

Incyte, Corp is a pharmaceutical company based in Alapocas,
Delaware. Incyte has one drug, which has been approved by the U.S.
Food and Drug Administration and has been prescribed to several
thousands of patients in the United States, Jakafi.



INT'L MANUFACTURING: Trustee Hires Baker & McKenzie as Counsel
--------------------------------------------------------------
Beverly N. McFarland, the appointed Chapter 11 Trustee in the
bankruptcy case of International Manufacturing Group, Inc., seeks
authority from the U.S. Bankruptcy Court for the Eastern District
of California to retain Baker & McKenzie LLP as her special 401(k)
counsel, nunc pro tunc to September 1, 2016.

Ms. McFarland tells the Court that in the course of the case she
will have a need for advice regarding the termination of the
Debtor's 401(k) plan.  She may also need the firm to assist in
drafting termination resolutions, reviewing the safe harbor
termination notice prepared by the prototype provider, drafting a
letter of instruction to the record keeper/trustee, reviewing any
required amendment prepared by the prototype provider that need to
be adopted upon termination (e.g., it does not appear the 2016
prototype plan was ever adopted and this should be done prior to
termination) and reviewing the form of participant distribution
notice.  

The firm also may provide assistance:

      * in determining when participants should have fully vested
        (e.g., was there a partial termination requiring vesting
        prior to the termination date);

      * with additional issues related to the bankruptcy;

      * in determining if any corrections are required; and

      * in drafting a safe harbor notice or any amendments.

B&M has only been retained to provide legal services related to
401(k) plan termination, Ms. McFarland says.

B&M's standard hourly rates are:

     Name                Title       Hourly Rate
     ----                -----       -----------
     James P. Baker      Partner         $850
     Janel M. Brynda     Associate       $620
     Ajay Athavale       Associate       $460

B&M will also bill the estate for all reasonable and necessary
out-of-pocket expenses incurred as permitted by applicable
provisions of the Bankruptcy Code, Bankruptcy Rules and the UST
Guidelines.  B&M has agreed to bill travel time between San
Francisco and Sacramento at 50% of its discounted hourly rates.
B&M has also agreed that the fees for its services will not exceed
$25,000.  B&M also agrees to cap its hourly fee for James P.
Baker's services at $550 per hour.

As set forth in the Declaration of Mr. Baker, (i) B&M does not have
any connections with the Debtor, its creditors, or with the Office
of the United States Trustee, or with any person employed in the
office of the United States Trustee which would preclude
employment, and (ii) does not now hold or represent any interest
materially adverse to the interests of the estate or of any class
of creditors or equity security holders.

The Court will commence a hearing on September 21, 2016, at 10:00
a.m., to consider the firm's hiring.

The U.S. Trustee is represented by:

          Thomas A. Willoughby, Esq.
          Jason E. Rios, Esq.
          Jennifer E. Niemann, Esq.
          FELDERSTEIN FITZGERALD WILLOUGHBY & PASCUZZI LLP
          400 Capitol Mall, Suite 1750
          Sacramento, CA 95814
          Telephone: (916) 329-7400
          Facsimile: (916) 329-7435
          E-mail: twilloughby@ffwplaw.com
                  jrios@ffwplaw.com
                  jniemann@ffwplaw.com

                About International Manufacturing

Deepal Wannakuwatte, the mastermind of a $150 million Ponzi scheme,
put himself and his company, International Manufacturing Group
Inc., into Chapter 11 after he pleaded guilty to one count of wire
fraud and agreed to a 20-year prison sentence.  The bankruptcy
filing was part of his plea bargain with federal prosecutors.  Mr.
Wannakuwatte is the former owner of the Sacramento Capitols tennis
team.

Mr. Wannakuwatte initiated his personal Chapter 11 case on
May 30, 2014.  Hank Spacone was appointed as trustee for
Wannakuwatte's Chapter 11 estate.  Betsy Kathryn Wannakuwatte and
Sarah Kathryn Wannakuwatte also have pending Chapter 7 cases.

Mr. Wannakuwatte also submitted a Chapter 11 bankruptcy petition
for IMG on May 30, 2014 (Bankr. E.D. Cal. Case No. 14-25820) in
Sacramento.  The case is assigned to Judge Robert S. Bardwil.  The
Debtor tapped Marc A. Caraska, in Sacramento, as counsel.

In June 2014, Beverly N. McFarland was appointed as Chapter 11
trustee for IMG.  She tapped Felderstein Fitzgerald Willoughby &
Pascuzzi LLP as her bankruptcy counsel; Diamond McCarthy LLP as her
special litigation counsel; Gabrielson & Company as accountant; and
Karen Rushing as bookkeeper outside the ordinary course of
business.

The U.S. Trustee for Region 7 appointed a three-member unsecured
creditors panel in IMG's case comprising of Byron Younger, Janine
Jones, and Steve Whitesides.


INT'L TECHNICAL COATINGS: Hires Gavlick as Auctioneer
-----------------------------------------------------
International Technical Coatings, Inc., seeks authorization from
the U.S. Bankruptcy Court for the District of Arizona to employ
Gavlick Machinery Corp., as auctioneer.

ITC is steel wire manufacturing business with facilities located in
Phoenix, Arizona and Columbus, Ohio.  ITC has manufacturing
facilities located at 110 S. 41st Avenue, Phoenix, AZ 85009 and 845
Markison Avenue, Columbus OH, 43207.

As part and parcel of ITC's business it purchases manufacturing
equipment. Sometimes that equipment is no longer necessary for the
products that ITC will manufacture, or has been replaced by newer
and/or more efficient equipment. In those instances, and consistent
with good management, ITC will sell the excess equipment.

ITC desires to employ Gavlick to market and sell the property.

Gavlick shall receive a commission for all completed sales of
products that the firm solicits and procures to company during the
Term.  Gavlick sales commission for its services shall be the
difference between the minimum price set by company and the higher
sale price received from the purchaser. No commission shall be paid
on handling, freight, taxes, COD charges, insurance, tariffs and
duties, rebates, amounts credited for returns, and services.

The Debtor is simultaneously hiring Cincinnati Industrial
Auctioneers, Inc. to auction certain smaller pieces of equipment on
a commission basis.

Gavlick can be reach at:

      Marka Haba
      Gavlick Machinery Corp.
      100 Franklin St.
      Bristol, CT 06010
      Tel: +1 860.589.2900
      Fax: +1 860.589.0863

            About Int'l Technical Coatings



International Technical Coatings, Inc., is a Phoenix, Arizona-based
steel wire manufacturer.  It has facilities located in Phoenix,
Arizona and Columbus, Ohio.



ITC filed a Chapter 11 bankruptcy petition (Bank. D. Ariz.
Case No. 15-14709) on Nov. 18, 2015.  John Caldwel, the chairman,
signed the petition.  Judge Madeleine C. Wanslee is assigned the
case.



Bank of America Bank, N.A., which is owed more than $25.7 million
in outstanding matured, defaulted loan obligations, applied for the
appointment of a receiver over ITC on Oct. 28, 2015.  The
Maricopa County Superior Court held an initial hearing on the
matter on Nov. 4.  A final hearing on the appointment of a
receiver was scheduled for Nov. 18 at 1:30 p.m.  Unable to secure
an agreement with the Bank prior to the scheduled hearing, ITC
filed for Chapter 11 protection.



In its petition, the Debtor estimated assets of $50 million to $100
million and liabilities of more than $10 million.



The Debtor tapped Osborn Maledon, P.A., as bankruptcy
counsel.
Morris Anderson & Associates, Ltd., serves as its
financial
advisor.



The Office of the U.S. Trustee appointed seven creditors to
the
official committee of unsecured creditors.  Stinson Leonard
Street, LLP represents the committee.  The Law Offices of Michael
W. Carmel, Ltd., serves as its conflicts counsel.  The Committee
retained KRyS Global, USA, as its financial advisor.



Secured creditor Bank of America is represented by Robert
J.
Miller, Esq., Kyle S. Hirsch, Esq., and Amanda L. Cartwright,
Esq., at Bryan Cave LLP.



INT'L TECHNICAL COATINGS: Taps Cincinnati Industrial as Auctioneer
------------------------------------------------------------------
International Technical Coatings, Inc., seeks authorization from
the U.S. Bankruptcy Court for the District of Arizona to employ
Cincinnati Industrial Auctioneer, Inc., as auctioneer.

ITC is steel wire manufacturing business with facilities located in
Phoenix, Arizona and Columbus, Ohio. ITC has manufacturing
facilities located at 110 S. 41st Avenue, Phoenix, AZ 85009 and 845
Markison Avenue, Columbus OH, 43207.

As part and parcel of ITC's business it purchases manufacturing
equipment. Sometimes that equipment is no longer necessary for the
products that ITC will manufacture, or has been replaced by newer
and/or more efficient equipment. In those instances, and consistent
with good management, ITC will sell the excess equipment.

CIA has agreed to assist the Debtor with the liquidation of the
property at one or more public auctions.

CIA's commission will be 18% of the gross sale proceeds. In
addition, CIA shall be entitled to recover its expenses related to
the sale, including costs of marketing, packing, transporting and
other expenses, which expenses shall not exceed $25,000.

CIA can be reached at:

     Jerome A. Luggen
     2020 Dunlap Street
     Cincinnati, OH 45214
     Phone: 513-241-9701
     Fax: 513-241-6760
     
                   About Int'l Technical Coatings



International Technical Coatings, Inc., is a Phoenix,
Arizona-based steel wire manufacturer.  It has facilities located
in Phoenix, Arizona and Columbus, Ohio.

ITC filed a Chapter 11
bankruptcy petition (Bank. D. Ariz. Case No. 15-14709) on Nov. 18,
2015.  John Caldwel, the chairman, signed the petition.  Judge
Madeleine C. Wanslee is assigned the case.



Bank of America Bank, N.A., which is owed more than $25.7 million
in outstanding matured, defaulted loan obligations, applied for the
appointment of a receiver over ITC on Oct. 28, 2015.  The
Maricopa County Superior Court held an initial hearing on the
matter on Nov. 4.  A final hearing on the appointment of a
receiver was scheduled for Nov. 18 at 1:30 p.m.  Unable to secure
an agreement with the Bank prior to the scheduled hearing, ITC
filed for Chapter 11 protection.



In its petition, the Debtor estimated assets of $50 million
to $100 million and liabilities of more than $10 million.



The Debtor tapped Osborn Maledon, P.A., as bankruptcy
counsel.
Morris Anderson & Associates, Ltd., serves as its
financial
advisor.



The Office of the U.S. Trustee appointed seven creditors to
the
official committee of unsecured creditors.  Stinson Leonard
Street, LLP represents the committee.  The Law Offices of Michael
W. Carmel, Ltd., serves as its conflicts counsel.  The Committee
retained KRyS Global, USA, as its financial advisor.



Secured creditor Bank of America is represented by Robert
J.
Miller, Esq., Kyle S. Hirsch, Esq., and Amanda L. Cartwright,
Esq., at Bryan Cave LLP.



ISTAR INC: BlackRock Reports 10% Equity Stake as of Aug. 31
-----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, BlackRock, Inc. disclosed that as of Aug. 31, 2016, it
beneficially owns 7,287,675 shares of common stock of Istar Inc.
representing 10% of the shares outstanding.  A full-text copy of
the regulatory filing is available for free at:

                        https://is.gd/CY9wSg

                           About iStar Inc.

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

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

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

                            *     *     *

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

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

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


KATHERINE MONTGOMERY: Bankr. Administrator Objects to Plan Outline
------------------------------------------------------------------
J. Thomas Corbett, the U.S. Bankruptcy Administrator for the
Northern District of Alabama, filed an objection to Katherine
Montgomery's disclosure statement, claiming that it does not
contain adequate information to allow creditors to make an informed
judgment about the Chapter 11 plan of reorganization.

As reported by the Troubled Company Reporter on July 19, 2016, the
Debtor filed with the U.S. Bankruptcy Court for the Northern
District of Alabama a Plan under which general unsecured creditors
will get 5% of their claims.

The Bankruptcy Administrator claims that the Disclosure Statement
fails to provide:

     a. sufficient information concerning the Debtor's financial
        condition and feasibility of the Plan.  The Disclosure
        Statement provides some information regarding the Debtor's

        medical practice and past income, however, there is no     
   
        meaningful discussion of the Debtor's future cash flow and

        anticipated expenses.  Without additional information,
        creditors will not be able to make an informed decision on

        whether the Debtor will be able to make the payments under

        the proposed plan and whether to accept or reject the
Plan;

     b. a meaningful discussion of the Debtor's projected future
        income and expenses.  The Debtor should amend the
        Disclosure Statement to include detailed financial
        projections of her cash flow showing anticipated income
        and expenses, including plan payments, over the life of
        the plan.  The Court should not confirm the Disclosure
        Statement without financial projections demonstrating the
        Debtor's ability to make the required plan payments; and

     c. a meaningful liquidation analysis.  The Debtor should
        amend the Disclosure Statement to attach an exhibit
        setting forth the Debtor's assets and provide a
        liquidation analysis as if the assets were liquidated
        under Chapter 7.  The liquidation analysis should at least

        list the Debtor's assets, discuss the value of each asset,

        and discuss the liens asserted against each asset.

According to the Bankruptcy Administrator, the Debtor's Plan
contemplates payment of her disposable income to the class of
unsecured claims, but the Debtor has not provided a "disposable
income" analysis sufficient to allow the Court to determine whether
the Plan meets the requirements for individual Chapter 11 debtors.

                       About Katherine Montgomery

Katherine N. Montgomery, a medical doctor in Madison County,
Alabama, sought protection under Chapter 13 of the Bankruptcy Code
on Oct. 29, 2015.  The case was converted to a Chapter 11 case
(Bankr. N. D. Ala. Case No. 15-82936) on Jan. 15, 2016.

Sparkman, Shepard & Morris, P.C., serves as the Debtor's bankruptcy
counsel.


KENT MANOR: Wants to Employ Century 21 as Broker to Sell Inn
------------------------------------------------------------
Kent Manor Inn, LLC, seeks permission from the U.S. Bankruptcy
Court for the District of Maryland to employ Century 21 New
Millennium as broker to the Debtor.

Century 21 will act as the Debtor's broker to market and sell the
Debtor's property as and when appropriate.  The Debtor owns and
operates the Kent Manor Inn, located at 500 Kent Manor Drive, in
Stevensville, Maryland.  The real property consists of a historic,
restored 1820s waterfront home, situated on roughly 220 acres of
woods and farmland.  The Debtor's assets consist primarily of the
real property upon which the inn is located, the personal property
and business operations of the resort inn and wedding/meeting
venue, which collectively is the "Property."

As the broker for the sale, Century 21 will accept a commission,
subject to Court approval, as follows:

   (a) In the event of sale, exchange or transfer of the Property
       when the buyer is represented by an agent other than
       Stephen Karbelk and/or Lori Willis of Century 21, a
       commission equal to 5% of the total gross sale, exchange
       or transfer price.  The Broker shall offer a buyer broker
       a 2.5% commission payable from the Broker's 5.0%
       commission at Closing.

   (b) In the event of a lease of part or all of the Property
       when the buyer is represented by an agent other than
       Stephen Karbelk and/or Lori Willis of Century 21, a
       commission equal to 5% of the total gross rental to be
       paid under the initial term of the lease, with said
       Commission due and payable in full on or before the
       commencement date of the lease, to be paid on or before
       the commencement date of the lease.  The Broker shall
       offer a buyer broker a 2.5% commission payable from the
       Broker's 5.0% commission at Closing.

   (c) In the event of sale, exchange or transfer of the Property
       when the buyer is not represented by a broker, a
       commission equal to 4.0% of the total gross sale, exchange
       or transfer price.

   (d) In the event of a lease of part or all of the Property
       when the buyer is not represented by a broker, a
       commission equal to 4% of the total gross rental to be
       paid under the initial term of the lease, with said
       Commission due and payable in full on or before the
       commencement date of the lease, to be paid on or before
       the commencement date of the lease.

   (e) In the event of sale, exchange or transfer of the Property
       when the buyer is on the Seller's list of "Identified
       Prospects", a commission equal to 2.5% of the total gross
       sale, exchange or transfer price; and if a business sale
       is also involved, the same percentage based upon the total
       gross sale price of the business entity or assets.  No
       buyer broker commission shall be offered to or payable to
       any broker representing any Identified Prospects.  For
       privacy purposes, the Identified Prospects are not
       referenced in this Agreement but have been agreed to by
       separate memorandum between the Seller and Broker.

   (f) In the event the sale of the Property is cancelled as a
       result of (a) a refinance of the secured and/or unsecured
       debts, (b) an investment by a third party, (c) a joint
       venture agreement with a third party or (d) a sale to an
       entity related to any member of the Seller, the Broker
       shall be paid 2.5% of the consideration value, sales
       price, amount refinanced or transaction value, depending
       upon the nature of the transaction, at Closing.

Stephen Karbelk, a realtor and team leader at Century 21, assures
the Court that Century 21 does not hold or represent any interest
adverse to the Debtor's estate in matters upon which it is to be
engaged, and is a "disinterested person" within the meaning of
Section 101(14) of the Bankruptcy Code.

Century 21 can be reached at:

          Century 21 Real Estate, LLC
          International Headquarters
          175 Park Avenue
          Madison, NJ 07940
          Toll-Free: 1-877-221-2765
          Web site: http://www.century21.com/

                        About Kent Manor

Kent Manor Inn, LLC, owns and operates the Kent Manor Inn, located
at 500 Kent Manor Drive, in Stevensville, Maryland.  The real
property consists of a historic, restored 1820s waterfront home,
situated on roughly 220 acres of woods and farmland.

Kent Manor filed Chapter 11 bankruptcy petition (Bankr. D. Md. Case
No. 16-18048-TJC) on June 14, 2016.  Catherine Keller Hopkin, Esq.,
serves as the Debtors' counsel.




KNS INC: Can Use Up to $360K of Core Bank Cash Through Oct. 7
-------------------------------------------------------------
Judge Shon Hastings of the U.S. Bankruptcy Court for the District
of North Dakota authorized KNS, Inc. to use cash collateral in an
amount not more than $360,000 from Sept. 1, 2016 to Oct. 7, 2016 to
pay necessary business expenses.

The use of cash collateral is subject to these limitations and
conditions, among others:

     (a) The Debtor must file its July and August 2016 operating
reports not later than September 21, 2016. In addition, the Debtor
will produce bank statements and an accounts receivable aging
summary to Core Bank on a weekly basis.

     (b) The Debtor is directed to maintain continuous property
damage and general liability insurance coverage for the prepetition
collateral and the Postpetition Collateral in the types and
amounts required under the prepetition financing agreements, as
additional adequate protection.

     (c) The Debtor is required to pay all postpetition federal and
state taxes, including timely deposit of payroll taxes.

     (d) The Debtor is required deposit all cash proceeds and
income into the DIP Account.

     (e) The Debtor is further required to maintain a total book
value of Debtor’s cash in the DIP Account and accounts receivable
of not less than $597,208 throughout the term of the Court's Order.


A further hearing on the Debtor's use of cash collateral is
scheduled on Oct. 3, 2016.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at https://is.gd/v2UhVf


                                   About KNS, Inc.

KNS, Inc. filed a chapter 11 petition (Bankr. D. N.D. Case No.
16-30109) on March 11, 2016.  The petition was signed by Steve
Mohr, president.  The Debtor is represented by Kenneth
Corey-Edstrom, Esq., at Larkin Hoffman Daly & Lindgren Ltd.  The
case is assigned to Judge Shon Hastings.  The Debtor estimated
assets of $0 to $50,000 and debt of $1 million to $10 million.

The U.S. trustee for Region 12 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of KNS, Inc.


KYEUNG GUK MIN: Unsecureds To Recoup 10% Under Plan
---------------------------------------------------
Kyeung Guk Min filed with the U.S. Bankruptcy Court for the Eastern
District of Virginia a fourth amended disclosure statement dated
Aug. 16, 2016.

Under the Plan, holders of Class 3 General Unsecured Claims, which
total $2,904,617.15, will be paid pro rata at the rate of 10% of
the allowed amount, over 120 months, with a distribution of the pro
rata amount of $2,420.51 per month.  The total plan payment and the
monthly payment will be reduced by the electing Class 2 Claims.

The funding of the Plan is based on the continuing ability of the
Debtor to receive net distributions from the businesses Debtor
operates.  Thus far, the Debtor has received approximately $5,750
to $6,000 per month in distributions and so the funding available
to the Debtor should be sufficient to fund the Plan.

With respect to the secured claims, the Debtor proposes either to
continue payments on the current debts through the operating
businesses or to induce the lenders to modify the claims to an
affordable payment.  In the event that the Debtor is not able to do
so, the Debtor will surrender the secured properties in full
satisfaction of the secured claims.

As reported by the Troubled Company Reporter on Sept. 1, 2016, the
Debtor filed with the Court a response to the Internal Revenue
Service's objection to the confirmation of the Debtor's
confirmation of the third amended Chapter 11 plan of
reorganization, saying that it will include the IRS's "proposed
language to remedy this objection" in a revised version of the Plan
to be submitted to the creditors and parties in interest for vote.

The Fourth Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/vaeb14-13416-267.pdf

                      About Kyeung Guk Min

Kyeung Guk Min is an individual residing in Centreville, Virginia.
He has considerable experience operating car washes.  He has been
doing so since 2006.  Currently, he operates two car washes, SeCar
Auto Wash, Inc., in Falls Church, Virginia; Adams Auto Wash, Inc.,
which has two locations, one in Greenville, North Carolina; and one
in Goldsboro, North Carolina.  SeCar at Rich, LLC, operated in
Richmond, Virginia.  Due to a foreclosure, this entity has ceased
operations.

Mr. Min also has residential rental properties which he owns with
his non-filing spouse: 5768 Janney's Mill Circle, Haymarket
Virginia; 4085 Columbia Pike, Arlington, Virginia; 5412
Pachysandra, Louisiana, Centreville, Virginia.  Mr. Min owns an
office suite at 22611 Markey Ct., No. 114, Sterling, Virginia.

Mr. Min nets between $6,000 and $7,500 per month from these
businesses.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Va. Case No. 14-13416) on Sept. 14, 2014.

The Debtor is represented by Thomas F. DeCaro, Jr., Esq., who has
an office at Upper Marlboro, Maryland.


LEWIS HEALTH: Seeks Dec. 26 Exclusive Plan Filing Period Extension
------------------------------------------------------------------
Lewis Health Institute, Inc. asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend its exclusive periods to
file a chapter 11 plan and solicit acceptances to the plan, to
December 26, 2016 and February 24, 2017, respectively.

The Debtor relates that it attended a mediation with its largest
creditor in December 2015.  The Debtor further relates that at that
time, it entered into a Court-approved Settlement Agreement with
the Creditor, which was approved by the Court on January 20, 2016.
.

The Debtor contends that it is in the process of finalizing and
determining the treatment of its creditors through the chapter 11
plan.  

The Debtor submits that the Extension Motion is filed without the
intent to hinder or delay any payments due HCA Health Services of
Florida, Inc

                    About Lewis Health Institute, Inc.

Lewis Health Institute, Inc. filed a chapter 11 petition (Bankr.
S.D. Fla. Case No. 15-25980) on Sept. 3, 2015.  The petition was
signed by Yolanda V. Lewis, president.  The Debtor is represented
by Craig I. Kelley, Esq., at Kelley & Fulton, PL.  The Debtor
estimated assets at $0 to $50,000 and liabilities at $100,001 to
$500,000 at the time of the filing.



LIGHT TOWER: Employs Prime Clerk as Claims and Noticing Agent
-------------------------------------------------------------
Light Tower Rentals, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ Prime
Clerk LLC as claims, noticing and solicitation agent in their
Chapter 11 cases, nunc pro tunc to the Petition Date.

As Claims and Noticing Agent for the Debtors and their cases, Prime
Clerk will, among other tasks: (i) serve as the noticing agent to
mail notices to the estates' creditors, equity security holders,
and parties in interest; (ii) provide computerized claims,
objection, solicitation, and balloting database services; and (iii)
provide expertise, consultation, and assistance in claim and ballot
processing and other administrative services with respect to the
Debtors' bankruptcy cases, pursuant to the provisions of the
Engagement Agreement.

The Debtors ask that the undisputed fees and expenses incurred by
Prime Clerk in the performance of the services be treated as
administrative expenses of the Debtors' estates pursuant to Section
156(c) of the Judiciary and Judicial Procedures Code and section
503(b)(1)(A) of the Bankruptcy Code and be paid in the ordinary
course of business pursuant to the Engagement Agreement without
further application to or order of the Court.

Prior to the Petition Date, the Debtors provided Prime Clerk a
retainer in the amount of $25,000.  Prime Clerk seeks to first
apply the retainer to all prepetition invoices, and thereafter, to
seek to have the retainer replenished to the original retainer
amount, and thereafter, to hold the retainer under the Engagement
Agreement during these chapter 11 cases as security for the payment
of fees and expenses incurred under the Engagement Agreement.

Michael J. Frishberg, the Co-President and Chief Operating Officer
of Prime Clerk, assures the Court that Prime Clerk is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

Prime Clerk can be reached at:

          Prime Clerk LLC
          830 Third Avenue, 9th Floor
          New York, NY 10022
          Telephone: (212) 257-5450
          Facsimile: (212) 257-5452
          Web site: http://www.primeclerk.com/

                    About Light Tower Rentals

Light Tower Rentals, Inc. (Bankr. S.D. Tex. Case No. 16-34284), LTR
Investco, Inc. (Bankr. S.D. Tex. Case No. 16-34285), LTR Holdco,
Inc. (Bankr. S.D. Tex. Case No. 16-34286) and LTR Shelters, Inc.
(Bankr. S.D. Tex. Case No. 16-34287) sought bankruptcy protection
under Chapter 11 of the Bankruptcy Code on August 30, 2016.  The
petitions were signed by Kieth Muncy, chief financial officer.  The
cases are assigned to Judge David R. Jones.

The Debtors and their non-Debtor affiliates are a diversified
specialty equipment rental and services company focused on the oil
and gas sector.  The Debtors offer a diverse portfolio of surface
rental equipment that can provide customers with a specific
product, or when combined with other products, a comprehensive
wellsite rental solution. The Debtorsâ€(TM) equipment rental
fleet includes power generation units, fluid handling equipment,
light towers, heaters, trailers and other equipment.  The Debtors'
current service operations include equipment delivery and set-up,
fuel and trucking.

The Debtors are represented by Patricia B. Tomasco, Esq. at Jackson
Walker LLP, and Philip M. Abelson, Esq. at Proskauer Rose LLP.  The
Debtors' financial advisor is Zolfo Cooper, LLC; and its notice &
claims agent is Prime Clerk LLC.

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



LIVING COLOUR: Court Allows Nov. 17 Plan Filing Extension
---------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida extended, at the request of Living Colour
Landscapes, LLC, and Marula Props, LLC, the exclusivity period
within which only the Debtors may file a Plan and Disclosure
Statement to Nov. 17, 2016, and the time within which only the
Debtors may solicit acceptances of the Plan to Jan. 17, 2017.

As reported by the Troubled Company Reporter on Aug. 25, 2016, the
Debtors asked the Court to extend their exclusivity periods for
they are currently in negotiations with their creditors, in efforts
to resolve claim amounts and terms, which will have a material
impact on the plan.  In addition, the Debtors will likely file a
joint plan with debtors in possession Elouise Botha and Deon Botha,
as said entities are the principals of the Debtors and there are
common creditors to both.

                       About Living Colour

Lake Worth, Florida-based Living Colour Landscapes, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. S.D. Fla. Case No.
16-15773) on April 21, 2016, listing $323,979 in total assets and
$1.31 million in total liabilities.  The petition was signed by
Deon Botha, manager.

Judge Paul G. Hyman, Jr., presides over the case.

Aaron A Wernick, Esq., at Furr & Cohen serves as the Debtor's
bankruptcy counsel.

Marula Props, LLC, also filed on the same day for Chapter 11
bankruptcy protection (Bankr. S.D. Fla. Case No. 16-15774), listing
$179,252 in total assets and $1.25 million in total liabilities.


LUVIS AMBULANCE: Taps Manuel Feliciano Rios as Fin'l Consultant
---------------------------------------------------------------
Luvis Ambulance Services, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ Manuel
E. Feliciano Rios, as the Debtor's financial consultant.

The duties of the CPA will consist of strategic counseling and
advice, proforma modeling preparation, financial/business
assistance, preparation of documentation as requested for and
during the Debtor's Chapter 11, specifically as it is related to
and has an effect on the Debtor, as well as recommendations and
financial/business assessments regarding issues specifically
related to the Debtor.  The Debtor says that it is in need of an
accountant to assist its management in the financial restructuring
of its affairs by providing advice in strategic planning and the
preparation of Debtor's Monthly Operating Reports.

The Debtor has retained Manuel E. Feliciano Rios on the basis of
$1,000 retainers, which has been advanced by the Debtor against
which the Financial Consultant will bill on the basis of $125 per
hour, plus expenses, for work performed or to be performed by
Feliciano Rios, upon applications(s) and the approval of the
Court.

Manuel E. Feliciano Rios, CPA, an accountant and practitioner fully
admitted to the practice of public accounting in the Commonwealth
of Puerto Rico, assures the Court that he is a disinterested
person, as defined in Section 101(14) of the Bankruptcy Code.

Mr. Feliciano-Rios may be reached at:

          Manuel E. Feliciano-Rios, CPA
          350 Americo Miranda Avenue
          San Juan, PR 00927
          Telephone: (787) 586-0316

Luvis Ambulance Services Inc. filed a Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 16-06244) on Aug. 5, 2016.  Judge
Enrique S. Lamoutte Inclan presides over the case.




MALIBU LIGHTING: Wants Exclusive Plan Period Moved to Jan. 2017
---------------------------------------------------------------
Malibu Lighting Corporation and debtor affiliates ask for 120 days
extension from the U.S. Bankruptcy Court for the District of
Delaware of the periods within which only the Debtors may file and
obtain acceptances of a plan or, through and including January 4,
2017 and March 5, 2017, respectively.

The Debtors relate that all throughout April, May, and June 2016,
the Debtors successfully marketed and sold their real property
interests located in (a) Caddo Parish, Louisiana, (b) Farmers
Branch, Texas, and (c) Olive Branch, Mississippi, and all of these
sales have now closed.

The Debtors contend that they are still in the process of preparing
a plan and related disclosure statement after having completed and
consummated the sales of their respective assets and after having
made substantial progress in the objection to and reduction of
claims as they worked collaboratively with the Committee to
reconcile claims resulting in the disallowance of approximately
$15,000,000 in claims to date.

                     About Malibu Lighting

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead
Case No. 15-12080) on Oct. 8, 2015.  The petition was signed by
David M. Baker as chief restructuring officer.  Judge Kevin Gross
is assigned to the case.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, like flashlights and spotlights, (c) landscape lighting
products, and (d) parts and accessories associated with the
foregoing products.

MLC and ODC are  winding down operations as a result of the
termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets and
sells boat covers manufactured primarily from Chinese suppliers.

Malibu estimated assets and liabilities of $10 million to $50
million in its bankruptcy petition.

The Debtors have engaged Pachulski Stang Ziehl & Jones LLP as
counsel, Piper Jaffray Co. as investment banker, and Kurtzman
Carson Consultants as claims and noticing agent.

On Oct. 20, 2015, an official committee of unsecured creditors was
appointed by the Office of the United States Trustee.  The
Committee has retained Lowenstein Sandler LLP as its counsel, Blank
Rome LLP as its Delaware co-counsel and BDO USA, LLP, as its
financial advisors.

No request has been made for the appointment of a trustee or an
examiner in these cases.


MANUFACTURERS ASSOCIATES: Trustee Hires Blum Shapiro as Accountant
------------------------------------------------------------------
Roberta Napolitano, the Chapter 11 Trustee of Manufacturers
Associates, Inc. asks for permission from the U.S. Bankruptcy Court
for the District of Connecticut to employ Blum Shapiro & Co., P.C.
as accountants.

The Trustee requires Blum Shapiro to:

   (a) examine the books and records of the Debtor;

   (b) update and complete the accounting records if needed;

   (c) assist the Trustee in determining the viability of ongoing
       operations, based on the available and/or recreated
       financial records of the business; and

   (d) assist in any additional financial or forensic
       investigations requested by the Trustee, including
       identifying potential preferences or potential fraudulent
       conveyances, as well as preparation of any additional
       required reports;

Blum Shapiro will be paid at these hourly rates:

       Partners and Principals    $390-$430
       Manager and Director       $265-$380
       Senior Staff               $210-$260
       Staff                      $125-$200

Blum Shapiro will also be reimbursed for reasonable out-of-pocket
expenses incurred. The maximum allowable compensation for said
services shall be $25,000.

Erum Randhawa of Blum Shapiro 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.

Blum Shapiro can be reached at:

       Erum Randhawa
       BLUM SHAPIRO & CO., P.C.
       29 South Main Street
       P.O. Box 272000
       West Hartford, CT  06127-2000
       Tel: (860) 570-6498
       Fax: (860) 726-7598
       E-mail: erandhawa@blumshapiro.com

                 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.


MAXIM CRANE: S&P Withdraws 'B' CCR on Apollo Acquisition
--------------------------------------------------------
S&P Global Ratings withdrew all ratings, including its 'B'
corporate credit rating, on Maxim Crane Works L.P. Maxim is a
wholly owned subsidiary of Cloud Crane LLC (B/Stable) which is
unaffected by this rating action.

The ratings withdrawal follows the completion of Apollo's
acquisition of Maxim.  All of the company's rated obligations have
been repaid and, as such, S&P is withdrawing all ratings on Maxim
at the company's request.



MCDERMOTT INT'L: Egan-Jones Lowers Sr. Unsec. Ratings to B+
-----------------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured ratings
on debt issued by McDermott International Inc to B+ from BB- on
Aug. 24, 2016.

McDermott International is an American multinational engineering,
procurement, construction and installation company with operations
in the Americas, Middle East, the Caspian Sea and the Pacific Rim.



MICHAEL D COHEN MD: Case Summary & 18 Top Unsecured Creditors
-------------------------------------------------------------
Debtor: Michael D. Cohen, M.D, P.A.
           dba Cosmetic Surgery Center of Maryland
           dba Belcara Health
           dba Belecara
        1427 Clarkview Road
        Owings Mill, MD 21117

Case No.: 16-22231

Nature of Business: Health Care

Chapter 11 Petition Date: September 12, 2016

Court: United States Bankruptcy Court
       District of Maryland (Baltimore)

Debtor's Counsel: Irving Edward Walker, Esq.
                  COLE SCHOTZ P.C.
                  300 E. Lombard Street, Suite 1450
                  Baltimore, MD 21202-3171
                  Tel: (410) 528-2970
                  Fax: (410) 230-0667
                  E-mail: iwalker@coleschotz.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Shari L. Cohen, authorized
representative.

A copy of the Debtor's list of 18 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mdb16-22231.pdf


MICHAEL D COHEN MD: Files for Chapter 11 Bankruptcy Protection
--------------------------------------------------------------
Michael D. Cohen, M.D., P.A., a plastic and cosmetic surgery
company which recently opened a new health facility in Maryland,
sought bankruptcy protection (Bank. D. Md. Case No. 16-22231)
blaming the cost of litigation and facility expansion for its
financial troubles.

The petition was signed by Shari L. Cohen, the authorized
representative of the Debtor and the one responsible for the
business administration of the Debtor's medical practice.

The bankruptcy filing comes after a Baltimore County Circuit Court
judge issued a $1,275,000 judgment against the Debtor in May, 2016,
based on unjust enrichment and quantum meruit in a litigation
initiated by its former non-physician employee, Dawn Richardson,
who claimed ownership and lost profits in a company known as Skin,
Inc.  The Debtor has appealed the judgment.

In papers filed in the U.S. Bankruptcy Court for the District of
Maryland, the Company estimated its assets in the range of $100,000
to $500,000 and liabilities of up to $10 million.  
  
Formed in 1996, the Debtor is engaged in the business of providing
various physician services to its patients, including but not
limited to services in the areas of plastic surgery, dermatology,
and podiatry.  It operated under the name of Cosmetic Surgery
Center of Maryland, Cosmetic Surgery Center of Maryland, LLC and
Cosmetic Organization for Practice Enhancement, LLC, now known as
CMG Partners, LLC.

Court papers indicate that the Debtor opened its new 18,000
square-foot multispecialty facility at its current location in June
2014, with the plan to include with its cosmetic surgery practice
dermatology, ophthalmology, podiatry and other medical practices
under a new name, which is now Belcara Health.

In an affidavit filed with the Court, Ms. Cohen said that the
Debtor and its affiliates incurred substantial new debts for
leasehold improvements and new medical equipment in connection with
the opening of the new Belcara Health facility in addition to the
enormous legal fees in defending the Richardson Litigation, which
drained the Debtor's cash.  She added that the Debtor intends to
pursue its appeal from the Richardson Judgment while it also
pursues the reorganization of its financial affairs.

Concurrently with the filing of the petition, the Debtor filed
certain first-day motions seeking permission to: (a) use the cash
collateral of PNC Bank, National Association and Manufacturers and
Traders Trust Company, which is needed to cover day-to-day
operating expenses necessary to continue the operations of its
business; (b) maintain employee morale and confidence and to avoid
disruption of its relationships with its patients; and (c)
establish certain other administrative procedures to promote a
smooth transition into Chapter 11.

"Gaining and maintaining the support of the Debtor's employees,
vendors, patients, and other key constituents, as well as
maintaining the day-to-day operations of the Debtor's medical
practice with minimal disruption will be critical to the Debtor's
efforts in Chapter 11 and its ability to maximize the recovery
prospects for all interested parties," said Ms. Cohen.

As disclosed in Court documents, the Debtor owes M&T Bank
$2,579,166 in connection with a May 2013 loan to fund the costs of
leasehold improvements, equipment and furnishings for the new
Belcara Health facility, and $250,000 under a Business Access Line
of Credit, as of the Petition Date.  The Debtor also owes PNC Bank,
as of the bankruptcy filing, $202,603.

The Debtor has certain other debts to a few equipment vendor.

Cole Schotz P.C. serves as counsel to the Debtor.

Two weeks ago, plastic surgeon Michael D. Cohen, M.D., the sole
shareholder of the Debtor, and his wife, Shari L. Cohen jointly
filed a Chapter 11 petition in the District of Maryland.

A full-text copy of Shari L. Cohen's affidavit is available for
free at:

          http://bankrupt.com/misc/9_MICHAEL_Affidavit.pdf


MICHAEL D COHEN MD: Wants to Use Secured Lenders' Cash Collateral
-----------------------------------------------------------------
Michael D. Cohen, M.D., P.A., seeks authority from the Bankruptcy
Court to use cash collateral in which PNC Bank, National
Association, and Manufacturers and Traders Trust Company hold
security interests.  The Debtor proposes to use accounts
receivables, which constitute cash collateral, for the purposes of
paying all necessary expenses (including physicians and staff) and
to otherwise fund its operations.  

It is estimated that, as of the Petition Date, the value of the
Debtor's Cash Collateral is $141,732, inclusive of the bank account
balance of $170.

The Debtor maintained that if it is unable to use Cash Collateral,
the recoveries for creditors would be greatly reduced since, under
a "shut-down" scenario, the current and new patients would be lost
and the value of its estate would decline dramatically.

As adequate protection, the Debtor intends to provide PNC Bank and
M&T Bank: (a) a replacement security interest in and lien on all of
the existing collateral to the extent of any diminution of the Cash
Collateral after the Petition Date; and (b) superpriority claims in
the amount of the adequate protection obligations to the extent
provided in Section 507(b) of the Bankruptcy Code.  During the
interim period, the Debtor will limit its use of cash to a prepared
budget.

According to Court documents:

  (a) the Debtor is a borrower pursuant to a Promissory Note dated

      Jan. 8, 2013, with PNC Bank in the principal amount of
      $250,000.  There is principal, interest and fees of
      $202,628 owed as of the Petition Date under the PNC Bank
      Loan, which is believed to be secured by substantially all
      of the Debtor's assets, including its receivables and
      inventory; and

  (b) CMG Partners, LLC, an affiliate of the Debtor, is a
      borrower pursuant to a Note dated May 29, 2013, with M&T
      Bank in the original principal amount of $2,925,000.  The
      Debtor signed an Unconditional Guarantee, guaranteeing
      payment to M&T Bank of all amounts owing under the M&T Bank
      Loan.  There is principal, interest and fees of $2,329,166
      owed under the M&T Bank Loan as of the Petition Date, which
      is believed to be secured by substantially all of the
      Debtor's assets.  The Debtor is also a borrower under a  
      Business Access Line of Credit with M&T Bank in the
      principal amount of $250,000.  Approximately $250,000 is
      owed under the M&T Bank Line of Credit as of the Petition
      Date.

The Debtor said that the interests of PNC Bank and M&T Bank in the
Cash Collateral are adequately protected through, among other
things: (a) a continuing lien on its accounts receivable and
inventory, (b) continuing payments on account of the pre-petition
PNC Bank Loan in the amount of $3,000 per month, (c) a replacement
lien on its postpetition assets, and (d) an administrative expense
claim to the extent its use of Cash Collateral results in a
diminution of the value of PNC Bank and M&T Bank's Cash Collateral
after the Petition Date.

"If the Debtor were precluded from making expenditures necessary to
maintain its assets and conduct ongoing operations in the ordinary
course, or if the Debtor were forced to abruptly shut down its
medical practice, PNC Bank, M&T Bank and other creditors would be
harmed," Irving E. Walker, Esq., at Cole Schotz P.C., one of the
Debtor's attorneys, said.

                   About Michael D. Cohen

Based in Maryland, Michael D. Cohen, M.D., P.A., is a professional
corporation engaged in the business of providing various physician
services to its patients, including but not limited to services in
the areas of plastic surgery, dermatology, and podiatry.  Michael
D. Cohen, M.D., is the sole shareholder of the Debtor.  Shari L.
Cohen, Dr. Cohen's wife, is responsible for the business
administration of the Debtor's medical practice.

The Company filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. D. Md. Case No. 16-22231) on Sept. 12,
2016.  The Debtor estimated assets in the range of $100,000 to
$500,000 and liabilities in the range of $1 million to $10 million
as of the bankruptcy filing.

Cole Schotz P.C. serves as counsel to the Debtor.


MID-STATES SUPPLY: Seeks to Move Exclusive Plan Filing to Oct. 6
----------------------------------------------------------------
Mid-States Supply Company,  Inc. requests the U.S. Bankruptcy Court
for the Western District of Missouri for a 120-day extension of the
exclusive period within which the Debtor may file a plan of
reorganization, or until Oct. 6, 2016, and the exclusive period for
the Debtor to solicit acceptances of the plan by an additional 180
days, or until Dec. 6, 2016.

The Debtor contends that it is asking for an extension in order to
permit the Debtor an opportunity to work with the Committee to
propose a viable Plan and submit a comprehensive disclosure
statement for the Debtor is contemplating to file a joint plan with
the Committee, and believes it will be in a position to do so on or
before October 6, 2016.

                          About Mid-States Supply Company

Founded and headquartered in Kansas City, Missouri, Mid-States
Supply Company, Inc., supplier of pipes, valves and fittings to
ethanol, pipeline and power industries in the United States, filed
a Chapter 11 bankruptcy petition (Bankr. W.D. Mo. Case No.
16-40271) on Feb. 7, 2016.  The petition was signed by Stuart Noyes
as chief restructuring officer.

The Debtor estimated both assets and liabilities in the range of
$50 million to $100 million. The Debtor has engaged Spencer Fane
LLP as counsel, Winter Harbor LLC as financial advisor, SSG
Advisors, LLC and Frontier Investment Banc Corporation as
investment bankers, Tarsus CFO Services, LLC as chief financial
officer services provider and Epiq Bankruptcy Solutions, LLC as
claims and noticing agent.

An official committee of unsecured creditors has been appointed in
the case and is represented by Marcus A. Helt, Esq., and Michael S.
Haynes, Esq., at Gardere Wynne Sewell LLP.


MODULAR SPACE: S&P Lowers CCR to 'SD', Off CreditWatch Negative
---------------------------------------------------------------
S&P Global Ratings said it lowered its corporate credit rating on
Modular Space Corp to 'SD' from 'CCC' and its issue-level rating on
the company's senior secured notes to 'D' from 'CCC'.  At the same
time, S&P removed the ratings from CreditWatch, where it placed
them with negative implications on Aug. 15, 2016.

"Modular Space Corp. announced on Aug. 29, 2016, that it elected to
defer its interest payment due Aug. 1, 2016, on the company's
senior secured notes, and had not cured the default within the
30-day grace period in the notes' indenture," said S&P Global
Ratings credit analyst Jeff Ward.  "We are lowering our corporate
credit rating on Modular Space Corp. to 'SD' and our senior secured
note rating to 'D' because the company failed to make its interest
payment.  The company is still in discussions with its
noteholders."

Before this rating action, on Aug. 15, 2016, S&P lowered its
corporate credit rating on the company and S&P's issue-level rating
on its senior secured notes to 'CCC' and placed all the ratings on
CreditWatch with negative implications upon the announcement of the
termination of its merger agreement with Algeco Scotsman Global
S.a.r.l.  This previous rating change reflected the risk associated
with Modular Space Corp.'s potential inability to refinance its
asset-based credit facility.


NORTEK INC: S&P Withdraws 'B' Corporate Credit Rating
-----------------------------------------------------
S&P Global Ratings withdrew its 'B' corporate credit rating on
Providence, R.I.-based Nortek Inc., at the company's request.

S&P also withdrew the 'BB-' issue-level rating and '1' recovery
rating on the company's senior secured term loan and 'B-'
issue-level rating and '5' recovery rating on the company's senior
unsecured notes.

The ratings withdrawal is at the company's request following the
completion of Nortek's acquisition by Melrose Industries PLC
(unrated) on Aug. 31, 2016.  On Aug. 25, 2016, Nortek submitted
prepayment and termination notices for its senior secured term loan
and asset-based revolving credit agreement with its lenders. On
Aug. 31, 2016, Nortek provided a notice of redemption to the
holders of its 8.5% senior notes due 2021 of its plan to redeem all
outstanding $735 million aggregate principal amount of the notes on
Sept. 30, 2016.



NORTHWEST PEDIATRIC: Seeks to Extend Plan Exclusivity to Jan. 2017
------------------------------------------------------------------
Northwest Pediatric Services S.C.  dba Kid Care Medical S.C. asks
the U.S. Bankruptcy Court for the Northern District of Illinois to
extend the exclusive period for the Debtor to file its plan of
reorganization and disclosure statement, from Oct. 4, 2016 through
and including Jan. 15, 2017, and the exclusive date to solicit
acceptances of the plan, from Dec. 13, 2016 through and including
March 13, 2017.

The Debtor narrates that it was in the process of compiling
financial information in connection with its plan of
reorganization, when the Debtor's financial consultant, Larry
Kammes, became critically ill and subsequently passed away on June
17, 2016, slowed the Debtor's progress towards a workable plan of
reorganization.

In addition, millions of dollars owed to the Debtor by insurers and
the State of Illinois have not been paid, and many managed care
organizations are slow paying, putting the Debtor further at risk.

                       About Northwest Pediatric Services S.C.

Headquartered in Elgin, Illinois, Northwest Pediatric Services S.C.
dba Kid Care Medical S.C. filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 16-09373) on March 18, 2016,
estimating its assets at between $100,000 and $500,000 and its
liabilities at between $1 million and $10 million.  The petition
was signed by Orawan Sukavachana, M.D., president.  Judge
Jacqueline P. Cox presides over the case.  Scott R Clar, Esq., at
Crane, Heyman, Simon, Welch & Clar serves as the Debtor's
bankruptcy counsel.

On Feb. 29, 2012, the Debtor filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 12-07777).  On May 22, 2013,
the Debtor confirmed its Third Plan of Reorganization.  IRS and IDR
were secured and priority unsecured creditors in the previous
Chapter 11 case.  Under the terms of the Plan, IRS and IDR were to
be given 20 payments over a five-year period.  Each payment to the
IRS was to be approximately $138,000.


NYC DIPLOMAT: Employs Hugh L. Rothbaum as Bankruptcy Attorney
-------------------------------------------------------------
NYC Diplomat Outfitters, LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Hugh L. Rothbaum, Esq., as attorney for the Debtor.

The Debtor says it has retained the Attorney to represent the
Debtor in the Chapter 11 case pursuant to a written retainer
agreement and Debtor has paid Attorney the sum of $6,500 as an
initial retainer to represent the Debtor in the case pursuant to
terms of the retainer.  The Attorney's compensation is payable at
the rate of $300 per hour.

Hugh L. Rothbaum, Esq., assures the Court that he is a
disinterested person, as the term is defined in the Bankruptcy
Code.

Mr. Rothbaum may be reached at:

          Hugh L. Rothbaum, Esq.
          235 Main Street, Suite 320
          White Plains, NY 10601
          Telephone: (914) 358-4232
          E-mail: hughrothbaum@aol.com

                       About NYC Diplomat

NYC Diplomat Outfitters, LLC, is a small business debtor
headquartered in New York City.

NYC Diplomat filed Chapter 11 bankruptcy petition (Bankr. S.D.N.Y.
Case No. 16-11661) on June 6, 2016.  Abdelilah A. Belghiti signed
the petition as sole member.  Hugh L. Rothbaum, Esq., serves as the
Debtors' counsel.

NYC Diplomat estimated its assets in the range of $0 to $50,000.
NYC Diplomat estimated its liabilities in the range of $100,001 to
$500,000.



OBERFIELD PRECAST: 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 Oberfield Precast, LLC.

Oberfield Precast, LLC dba Oberfield Precast fka Soutwest Castings,
LLC dba Architectural Precast Designs, LLC fka SAC Precast, LLC,
dba Oberfield Architectural Precast filed a chapter 11 petition
(Bankr. D. Ariz. Case No. 16-08999) on Aug. 5, 2016.  The petition
was signed by Robert Stephen Oberfield, manager.  The Debtor is
represented by Preston M. Gardner, Esq. and Pernell W. McGuire,
Esq., at Davis Miles Mcguire Gardner PLLC.  The case is assigned to
Judge Paul Sala.  The Debtor estimated assets at $500,000 to $1
million and liabilities at $1 million to $10 million at the time of
the filing.


OCI BEAUMONT: S&P Lowers CCR to 'CCC+' on Weak Credit Metrics
-------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on OCI
Beaumont LLC to 'CCC+' from 'B'.  The outlook is stable.

At the same time, S&P lowered its rating on the company's senior
secured debt to 'B-' from 'B+'.  The recovery rating on the secured
debt remains '2', indicating S&P's expectation for substantial
recovery (70% to 90%, lower half of the range) in the event of a
default.

"The downgrade reflects our view that ongoing weakness in the
company's operating performance will result in annual 2016 credit
metrics that are significantly weaker than results for the past
12-month period ended June 30, 2016, and well below our previous
expectations for 2016," said S&P Global Ratings credit analyst Paul
Kurias.

The stable outlook reflects S&P's assumption that management will
proactively manage its covenant compliance requirements and
refinancing needs.  S&P assumes that the credit facilities will be
refinanced or have their covenants amended well before the March
2017 maturity of the revolver.  The term loan matures in 2019.  S&P
believes the company will preserve its cash flow and eliminate
distributions to shareholders during a period in which liquidity is
strained.  S&P assumes the company's unsecured revolver will be
available.

S&P could lower ratings in the next few months if the company does
not refinance its credit facilities or amend its covenants in 2016.
S&P could also lower ratings if liquidity tightens further so that
it believes sources of funds will be lower than uses.  This could
happen if operating performance and cash flow deteriorate below our
expected levels.  Lastly, S&P could lower the ratings if, against
its expectations, the company does not fulfill its interest
obligations

S&P could consider a one-notch upgrade in the next 12 months if the
company improves its liquidity position including if the credit
facilities are refinanced and covenants amended with sufficient
cushions that account for trough-like conditions over the next 12
to 18 months.



OLIN CORP: Egan-Jones Cuts Sr. Unsec. Ratings to BB-
----------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured ratings
on debt issued by Olin Corp. to BB- from BB on Aug. 24, 2016.

Based in Clayton, Missouri, the Olin Corporation is an American
manufacturer of ammunition, chlorine, and sodium hydroxide.



ORANGE PEEL: Seeks to Hire Buratti PA as Debtor's Special Counsel
-----------------------------------------------------------------
Orange Peel Enterprises, Inc., asks for permission from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Jason Buratti, Esq. and Buratti P.A. as the Debtor's special
counsel for corporate matters, nunc pro tunc to August 9, 2016.

Mr. Buratti previously represented the Debtor in private practice
and has a long history with the Company and its products and
intellectual property.  Prepetition, the Firm was engaged by the
Debtor to perform business and corporate legal services.  However,
the Firm does not hold any prepetition claims against the Debtor.
Prepetition, the Debtor paid the Firm a retainer of $9,000 for such
employment, which the Firm is holding in trust.

As set forth in the Engagement Letter, the Firm's duties would
include business and corporate legal services, which would
specifically include transactional services relating to the
Debtor's sale of its assets or reorganization.

The Firm's proposed compensation arrangement is set forth in the
Engagement Letter as the greater of: (a) a reduced hourly rate of
$325; or (b) a contingency fee consisting of 4% of the gross sale
proceeds of the Debtor's assets.  Moreover, the Debtor has agreed
to reimburse the Firm's reasonable costs and Expenses according to
the Firm's customary reimbursement policies.

Jason Buratti, Esq., a licensed Florida attorney and the President
of the Buratti, P.A., assures the Court that he and the Firm do not
represent or hold any interest adverse to the Debtor or to the
bankruptcy estate with respect to the matters on which they are to
be employed.

Mr. Buratti may be reached at:

          Jason Buratti, Esq.
          BURATTI, P.A.,
          7935 East Dr., Apt 804
          North Bay Village, FL 33141-3693
          Telephone: (954) 683-1072
          E-mail: jasonrburatti@gmail.com

                        About Orange Peel

Orange Peel Enterprises, Inc. dba GREENS+, based in Vero Beach,
Fla., filed a Chapter 11 bankruptcy petition (Bankr. S.D. Fla. Case
No. 16-21023) on August 9, 2016. The Hon. Erik P. Kimball presides
over the case.  Bradley S. Shraiberg, Esq., at Shraiberg Ferrara
Landau & Page PA, as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $100 million to $500 million in liabilities.  The
petition was signed by by Jude A. Deauville, CEO.



PALMAZ SCIENTIFIC: Over $310K Atty's Fees, Expenses Awarded to NRF
------------------------------------------------------------------
Judge Craig A. Gargotta of the United States Bankruptcy Court for
the Western District of Texas, San Antonio Division, granted, in
part, and denied, in part, the first and final application for
payment of fees and reimbursement of expenses by Norton Rose
Fulbright US LLP, attorneys for Palmaz Scientific Inc., Advanced
Bio Prosthetic Surfaces, Ltd., ABPS Venture One, Ltd., and ABPS
Management, L.L.C., for the time period March 4, 2016, to June 10,
2016.

The total amount of fees and reimbursement of expenses granted to
NRF was $318,003.44.

NRF sought from the bankruptcy estate, payable as an administrative
expense, professional fees of $393,981.00 and reimbursement of
expenses of $7,690.94 for a total award of $401,671.94 for the time
period March 4, 2016 through June 10, 2016 for representation of
the Debtors.

Three parties in interest objected to NRF's fee application: the
Debtors, the United States Trustee, and Vactronix, Inc.

Vactronix's objection was twofold.  Vactronix objected to a number
of time entries, alleging that the time entries were inaccurate,
not compensable, or should have been billed at a reduced rate, by
using paralegals or associates to do the tasks.  The other
objections were to specific categories of fees in which Vactronix
argued that the fees should be disallowed because the fees are
exorbitant or that NRF failed to provide compensable services.

The United States Trustee also objected to NRF's application,
objecting to the allowance of NRF's fees on a categorical basis.

Judge Gargotta agreed with the objecting parties that fees could
have been reduced had associates been dedicated to the case.  The
judge found that, in a firm of NRF's size, there should have been
some associates that could have assisted in the case.  Further,
when examining the amount of fees requested versus the types of
services provided, Judge Gargotta noted that NRF did not complete
the case or provide the customary services of drafting an asset
purchase agreement, disclosure statement, plan of reorganization,
term sheet, and negotiating same with all the constituencies in the
case.  Also, when comparing debtors in this case -- non-operating
entities with few employees and few assets other than patents -- to
the fees requested in other cases, Judge Gargotta found that NRF's
fees could have been lower with the usage of more associates and a
reduction of lawyers working on the DIP loan and other matters.

Judge Gargotta thus awarded NRF fees in the reduced amount of
$310,312.50 as counsel from March 4, 2016 to June 10, 2016.

No party in interest objected to the allowance of NRF’s request
for reimbursement for expenses in the amount of $7,690.94.
Accordingly, those expenses are allowed.  

A full-text copy of Judge Gargotta's September 8, 2016 memorandum
opinion and order is available at
http://bankrupt.com/misc/txwb16-50552-397.pdf

                     About Palmaz Scientific

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

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

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

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

The cases are assigned to Judge Craig A. Gargotta.


PATRIOT ONE: Wants to Employ O Lampl Law Office as Attorney
-----------------------------------------------------------
Patriot One, Inc., seeks authority from the U.S. Bankruptcy Court
for the Western District of Pennsylvania to employ Robert O Lampl,
Esq., John P. Lacher, Esq., David L. Fuchs, Esq., and Ryan J.
Cooney, Esq., of the Robert O Lampl Law Office as attorneys.

The Debtor says it is in need of services of legal counsel to
assist in, among other things, the administration of its Estate and
to represent the Debtor on matters involving legal issues that are
present or are likely to arise in the case, to prepare any legal
documentation on behalf of the Debtor, to review reports for legal
sufficiency, to furnish information on legal matters regarding
legal actions and consequences and for all necessary legal services
connected with Chapter 11 proceedings including the prosecution and
defense of any adversary proceedings.

The Debtor wishes to retain Mr. O Lampl and his firm at these
hourly rates:

    Robert O Lampl -- $450
    John P. Lacher -- $400
    David L. Fuchs -- $375
    Ryan J. Cooney -- $275
    Paralegal      -- $150

Mr. O Lampl assures the Court that neither he nor anyone from his
Firm have any connection with the Debtor, nor represent any
interest adverse to the Debtor or any other parties-in-interest.
He also states that the Firm waives any fees owed from any prior
representation.

The Firm can be reached at:

          Robert O Lampl, Esq.
          John P. Lacher, Esq.
          David L. Fuchs, Esq.
          Ryan J. Cooney, Esq.
          ROBERT O LAMPL LAW OFFICE
          960 Penn Avenue, Suite 1200
          Pittsburgh, PA 15222
          Telephone: (412) 392-0330
          Facsimile: (412) 392-0335
          E-mail: rlampl@lampllaw.com
                  rol@lampllaw.com
                  dfuchs@lampllaw.com
                  jcooney@lampllaw.com

Patriot One, Inc., filed Chapter 11 bankruptcy petition (Bankr.
W.D. Pa. Case No. 16-23160) on August 26, 2016.  Robert O Lampl,
Esq., serves as the Debtors' counsel.



PAUL BURGETTE MOHR: Disclosures OK'd; Plan Hearing on Sept. 29
--------------------------------------------------------------
The Hon. Brenda K. Martin of the U.S. Bankruptcy Court for the
District of Arizona has approved the disclosure statement filed by
Paul and Lydia Mohr.

The hearing to consider Confirmation of Debtors' Amended Plan will
be held on Sept. 29, 2016, at 1:30 p.m.  The last day for filing
objections to the Confirmation of the Plan is fixed at Sept. 22,
2016.

As reported by the Troubled Company Reporter on Aug. 16, 2016, the
Debtors, according to the latest disclosure statement explaining
their Chapter 11 plan of reorganization, are proposing to set aside
$43,716 to pay their creditors.  Under the plan, the Debtors
propose to open an account into which they will regularly
contribute funds to pay creditors in the total amount of
$43,716.87.  

Ballots accepting or rejecting the Amended Plan must be received by
the Debtors no later than Sept. 22, 2016.  The Ballot Report will
be filed by Sept. 26, 2016.

The last date to file a complaint objecting to the discharge of the
Debtors is fixed at Sept. 29, 2016.

                         About The Mohrs

Paul Burgette Mohr, Jr., and Lydia Katarina Mohr filed a Chapter 11
bankruptcy petition (Bankr. D. Ariz. Case No. 15-14636) on Nov. 16,
2015.

The Debtors are represented by James F. Kahn, Esq., and Krystal M.
Ahart, Esq., at the Law Office of James F. Kahn, P.C.


PEABODY ENERGY: ELPC Objects to Illinois Settlement
---------------------------------------------------
BankruptcyData.com reported that the Environmental Law and Policy
Center (ELPC) filed with the U.S. Bankruptcy Court an objection to
Peabody Energy's motion for a stipulation and order concerning
reclamation bonding of surface coal mining operations located in
Illinois.  The objection asserts, "ELPC objects to the Illinois
Settlement to the same extent it objected to the settlement motion
for Indiana.  ELPC lodges this objection recognizing that, in
approving Peabody's settlements with Indiana, New Mexico, and
Wyoming, the Court appropriately concluded on the record that those
settlements left 'the United States wholly free to enforce its
statutes, rules, and regulations' and was satisfied that 'other
parties than the United States are not stayed from their rights,
period.' ELPC now asks that the Court reach the same conclusion
with respect to the Illinois Settlement.  In addition, and
consistent with its earlier objection, ELPC also seeks to apprise
the Court of developments in the federal administrative process,
which could result in the very 'changed circumstances' that the
Court recognized may merit revisiting the issue of whether the
Illinois and Indiana Settlements comply with the Surface Mining
Reclamation and Control Act ('SMCRA').  As a condition for any coal
mining permit, SMCRA requires that an applicant file a bond to
cover costs of reclamation at the mining site.  The requirement to
post a bond is not predicated on whether a company has literally
defaulted on reclamation obligations in the past or whether a
company is adequately performing reclamation obligations somewhere
else.  The bonding requirement prevents the prospective abandonment
of contaminated and polluted mine sites and the insufficiency of
funding for mine site reclamation obligations."

              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.


PENN VIRGINIA: Reorganization Plan Takes Effect, Exits Chapter 11
-----------------------------------------------------------------
Penn Virginia Corporation ("Penn Virginia" or the "Company") on
Sept. 12 disclosed that it has satisfied the conditions precedent
to the effectiveness of its Plan of Reorganization (the "Plan"),
which was confirmed by the U.S. Bankruptcy Court for the Eastern
District of Virginia on August 11, 2016, and has emerged from
bankruptcy.  By working constructively with its creditors and other
stakeholders, Penn Virginia emerged from bankruptcy having reduced
its total long-term debt by approximately $1.1 billion and
substantially improved its cost structure which provides the
post-emergence Penn Virginia with a significantly improved capital
structure to maximize the value of its asset portfolio.

In conjunction with its emergence from bankruptcy and pursuant to
the Plan, the Company closed on its new senior secured revolving
credit facility led by Wells Fargo Bank, N.A., with a maximum note
amount of $200 million and an initial borrowing base of $128
million.  In addition, Penn Virginia received a $50 million new
money contribution through a rights offering subscribed by a large
portion of its existing unsecured bondholders, who, together with
the Company's existing secured lenders, sponsored the Plan.  Upon
emergence, Penn Virginia will have approximately $75.4 million
drawn on its new revolving credit facility and $10.0 million of
unrestricted cash.

Penn Virginia also disclosed that it has established a Board of
Directors, comprised of Harry Quarls (Chairman), Darin G.
Holderness and Marc McCarthy.  Other Directors may be appointed at
a later date.

"[Mon]day begins a new chapter in the history of Penn Virginia,"
said Mr. Quarls.  "We have emerged from bankruptcy with a
significantly de-leveraged balance sheet and committed financial
support from our senior lenders and other stakeholders.  With
improved liquidity and a stronger capital structure, we are
well-positioned to realize the full value of our excellent asset
portfolio."

Mr. Quarls added, "On behalf of the Company, I would like to extend
my sincere gratitude to the many groups whose hard work enabled
Penn Virginia to complete the bankruptcy process in four months.  I
would like to thank our employees, customers and vendors for their
patience, commitment and ongoing support as we worked through this
financial restructuring.  I also want to acknowledge the
collaborative efforts of our senior lenders and noteholders during
this process.  We are committed to working hard to reward their
support as we refocus our attention on our operations.  We look
forward to working closely with all of our key stakeholders as we
implement our long-term strategic plan."

In accordance with the Plan, Penn Virginia's existing common stock
has been cancelled, and its new common stock will be issued to the
bondholders and certain general unsecured claimholders.  The
Company anticipates that its common stock will be traded over the
counter pending assignment of a new ticker symbol and anticipates
listing on a major exchange at a later date.

Jefferies is acting as financial advisor, Alvarez & Marsal is
acting as restructuring advisor, and Kirkland & Ellis LLP is acting
as legal counsel to the Company in connection with the bankruptcy
process.  Opportune is acting as financial advisor and Bracewell
LLP is acting as legal counsel to Wells Fargo Bank, N.A. PJT
Partners LP is acting as financial advisor and Milbank, Tweed,
Hadley & McCloy LLP is acting as legal advisor for the Ad Hoc
Committee of Noteholders.

                       About Harry Quarls

Harry Quarls currently serves as a Managing Director at Global
Infrastructure Partners, a $33 billion infrastructure fund.  He
also serves as a Director for Woodbine Holdings LLC, Fairway
Resources LLC, and Opal Resources LLC.  He is Chairman of the Board
for Woodbine Holdings.

Previously, Mr. Quarls served as Managing Director and Practice
Leader for Global Energy at Booz & Co., a leading international
management consulting firm, and served as member of Booz's Board of
Directors.

Mr. Quarls earned a M.B.A. degree from Stanford University and also
holds ScM. and B.S. degrees, both in chemical engineering, from
M.I.T. and Tulane University, respectively.

                   About Darin G. Holderness

Darin G. Holderness, CPA, was the Senior Vice President, Chief
Financial Officer and Treasurer of Concho Resources until May 2016.
Mr. Holderness has over 20 years of experience in the energy
sector including nine years with KPMG LLP where his practice was
focused in the energy industry and over 17 years in industry in
ever increasing roles of responsibility including serving as Vice
President and Controller of Pure Resources, Vice President and
Chief Financial Officer of Basic Energy Services, Vice President
and Chief Accounting Officer of Pioneer Natural Resources, and most
recently as Senior Vice President and Chief Financial Officer of
Eagle Rock Energy Partners.

Mr. Holderness is a 1986 graduate of Boise State University with a
Bachelor of Business Administration in Accounting and is a
Certified Public Accountant.

                      About Marc McCarthy

Marc McCarthy is a Senior Managing Director at Wexford Capital LP,
an energy focused asset management firm, having joined them in
2008.  Mr. McCarthy currently serves as Chairman of Mammoth Energy
Services and previously served as director of Coronado Midstream,
LLC. and Energy Partners Corp. as Chairman from 2009-2014.

Previously, Mr. McCarthy worked in the Global Equity Research
Department of Bear Stearns & Co., Inc. and was responsible for
coverage of the international oil and gas sector.  Mr. McCarthy
joined Bear Stearns & Co. in 1997 and held various positions of
increasing responsibility until his departure in June 2008, at
which time he was a Senior Managing Director.

Mr. McCarthy is a Chartered Financial Analyst and received a B.A.
in Economics from Tufts University.

                  About Penn Virginia Corporation

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

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

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

Judge Keith L. Phillips has been assigned the cases.


PERSISTENCE PARTNERS: Employs Coan Lewendon as General Counsel
--------------------------------------------------------------
Persistence Partners IV LLC asks that the U.S. Bankruptcy Court for
the District of Connecticut authorize it to employ Coan, Lewendon,
Gulliver and Miltenberger, LLC, as general Chapter 11 counsel under
general retainer, nunc pro tunc to Petition Date.

As counsel, Coan Lewendon will:

   a. give the Debtor in Possession legal advice with respect to
      its business, operations, and the management of its
      property;

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

   c. institute and defend such litigation in this and other
      courts as counsel and the Debtor in Possession consider
      necessary and appropriate for the conduct of its
      reorganization;

   d. prepare on behalf of the Debtor in Possession necessary
      Petitions, Answers, Orders, Reports, Disclosure Statements,
      Plans and other papers; and

   e. perform all other legal services for the Debtor in
      Possession, which may be necessary.

Rhonda Beninati, the sole shareholder of the Debtor's parent
company, has paid to Coan Lewendon a prepetition retainer for fees
and costs.  The amount of funds held by counsel and not yet
expended as of the date of the Petition.  Coan Lewendon will charge
fees at its normal hourly rates:

     Partners: $400 per hour
     Counsel: $320 per hour
     Associates: $250 per hour
     Paralegals: $95 to $110 per hour

Carl T. Gulliver, Esq., an Attorney and Counselor at Law duly
admitted to practice in the state of Connecticut and a member of
Coan Lewendon, assures the Court that the Firm is a disinterested
person, as that term is defined in Section 101(14) of the
Bankruptcy Code.

The Firm can be reached at:

          Carl T. Gulliver, Esq.,
          COAN, LEWENDON, GULLIVER AND MILTENBERGER, LLC
          495 Orange Street
          New Haven, CT 06511
          Telephone: (203) 624-4756
          E-mail: cgulliver@coanlewendon.com

                   About Persistence Partners

Persistence Partners IV LLC filed Chapter 11 bankruptcy petition
(Bankr. Conn. Case No. 16-51161) on August 30, 2016. Joseph P.
Beninati signed the petition as manager.  Carl T. Gulliver, Esq.,
at Coan Lewendon Gulliver & Miltenberger LLC serves as the Debtors'
counsel.

Persistence Partners estimated assets in the range of $10 million
to $50 million and estimated debts in the range of $500,000 to $1
million.




PETROQUEST ENERGY: Announces Results of Exchange Offers
-------------------------------------------------------
PetroQuest Energy, Inc. announced the early participation results
of its private exchange offers and consent solicitation to Eligible
Holders for its outstanding 10% Senior Notes due 2017 (CUSIP No.
716748 AA6) and its outstanding 10% Second Lien Senior Secured
Notes due 2021 (CUSIP 716748 AE8 / U7167U AB0) for up to (i)
$280.295 million aggregate principal amount of its newly issued 10%
Second Lien Senior Secured PIK Notes due 2021, and (ii) 3,517,000
shares of its common stock.  In the Consent Solicitation, the
Company is soliciting consents from the holders of the 2021 Notes
to adopt certain amendments to the indenture governing the 2021
Notes and the registration rights agreement with respect to the
2021 Notes.

As of 5:00 p.m., New York City time, on Sept. 8, 2016,
approximately $240.5 million in aggregate principal amount of the
Old Notes, representing 85.8% of the outstanding aggregate
principal amount of the Old Notes, had been validly tendered (and
not validly withdrawn), and holders of approximately $127.5 million
in aggregate principal amount of the 2021 Notes, representing 88.1%
of the outstanding aggregate principal amount of the 2021 Notes had
consented to the amendments to the 2021 Notes Indenture and 2021
Registration Rights Agreement.

PetroQuest also announced that it has extended the Initial Early
Tender Date to 5:00 p.m., New York City time, on Sept. 13, 2016.
All other terms of the Exchange Offers and Consent Solicitation, as
previously announced, will remain unchanged.

Withdrawal rights expired on Sept. 8, 2016, at 5:00 p.m., New York
City time.  Accordingly, Eligible Holders who have previously
tendered their Old Notes can no longer validly withdraw those notes
from the Exchange Offers and Consent Solicitation, except to the
extent required by law.

For each $1,000 principal amount of Old Notes validly tendered and
not validly withdrawn prior to the Early Tender Date, Eligible
Holders will be eligible to receive the "Total Exchange
Consideration" set forth below, which includes the "Early Tender
Premium."  For each $1,000 in principal amount of the Old Notes
validly tendered after the Early Tender Date, Eligible Holders will
be eligible to receive only the "Exchange Consideration" set forth
below.

The following sets forth the exchange consideration for the Old
Notes:

Title/CUSIP Number of Old Notes: 10% Senior Notes due 2017 /
                                 716748 AA6

Maturity Date: September 1, 2017

Aggregate Principal Amount Outstanding: $135.6 million

Exchange Consideration: $1,000 principal amount of New Notes

Early Tender Premium: Portion of 3,517,000 shares of common stock
on a pro rata basis with all Eligible Holders who validly tender
2017 Notes and 2021 Notes prior to the Early Tender Date, rounded
down to the nearest whole share

Total Exchange Consideration: $1,000 principal amount of New Notes
and portion of 3,517,000 shares of common stock on a pro rata basis
with all Eligible Holders who validly tender 2017 Notes and 2021
Notes prior to the Early Tender Date

Title/CUSIP Number of Old Notes: 10% Second Lien Senior Secured
Notes due 2021 / 716748 AE8 / U7167U AB0

Maturity Date: February 15, 2021

Aggregate Principal Amount Outstanding: $144.7 million

Exchange Consideration: $1,000 principal amount of New Notes

Early Tender Premium: Portion of 3,517,000 shares of common stock
on a pro rata basis with all Eligible Holders who validly tender
2017 Notes and 2021 Notes prior to the Early Tender Date, rounded
down to the nearest whole share

Total Exchange Consideration: $1,000 principal amount of New Notes
and portion of 3,517,000 shares of common stock on a pro rata basis
with all Eligible Holders who validly tender 2017 Notes and 2021
Notes prior to the Early Tender Date

The Exchange Offers and Consent Solicitation are being made upon
the terms and subject to the conditions set forth in the
Confidential Offering Memorandum and Consent Solicitation Statement
and related letter of transmittal and consent, each dated Aug. 25,
2016.

The Exchange Offers and Consent Solicitation will expire at 11:59
p.m., New York City time, on Sept. 22, 2016, unless extended.  The
closing of the Exchange Offers and Consent Solicitation is subject
to, and conditioned upon, the satisfaction or waiver of conditions
set out in the Offering Memorandum and Letter of Transmittal,
including, among other things, the valid tender (without valid
withdrawal) of at least 90% of the total combined outstanding
aggregate principal amount of the 2017 Notes and the 2021 Notes,
subject to PetroQuest's right to amend or terminate the Exchange
Offers and Consent Solicitation prior to the Expiration Date.  The
Company has entered into support agreements with certain
institutional holders, representing approximately 80% of the total
aggregate principal amount of the Old Notes, in favor of the
Exchange Offers and Consent Solicitation, which support agreements
will not become effective until support agreements have been
executed by holders that collectively hold no less than 87% of the
total aggregate principal amount of the Old Notes.

The New Notes and the Shares have not been registered under the
Securities Act of 1933, as amended, or with any securities
regulatory authority of any State or other jurisdiction. The New
Notes and the Shares may not be offered or sold in the United
States or to or for the account or benefit of any U.S. persons
except pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act.
The Exchange Offers will be made, and the New Notes and the Shares
are being offered and will be issued, only to holders of Old Notes
(1) in the United States, who are "qualified institutional buyers"
as defined in Rule 144A under the Securities Act, in a private
transaction in reliance upon the exemption from the registration
requirements of the Securities Act provided by Section 4(a)(2)
thereof and (2) outside the United States, who are persons other
than U.S. persons as defined in Rule 902 under the Securities Act
in offshore transactions in compliance with Regulation S under the
Securities Act.  The complete terms and conditions of the Exchange
Offers and Consent Solicitation, as well as the terms of the New
Notes and the Shares, are described in the Offering Memorandum and
Letter of Transmittal, copies of which may be obtained by "Eligible
Holders" by contacting D.F. King & Co., Inc., the information agent
for the Exchange Offers and Consent Solicitation, at 48 Wall
Street, 22nd Floor, New York, New York 10005, (212) 269-5550
(collect) or (800) 848-3409 (toll free) or via the following
website: http://www.dfking.com/petroquest.

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

                     https://is.gd/pcX7iW

                       About the Company

PetroQuest Energy, Inc. is an independent energy company engaged in
the exploration, development, acquisition and production of oil and
natural gas reserves in East Texas, Oklahoma, South Louisiana and
the shallow waters of the Gulf of Mexico.  PetroQuest's common
stock trades on the New York Stock Exchange under the ticker PQ.

As of June 30, 2016, Petroquest had $209 million in total assets,
$433 million in total liabilities, and a total stockholders'
deficit of $225 million.

In its quarterly report for the period ending June 30, 2016, the
Company stated, "Our substantially decreased level of capital
spending has had and is expected to continue to have a negative
impact on our production and cash flow from operating activities.
We expect production to continue to decline throughout 2016 and
when combined with current commodity prices and our existing cost
structure, including 10% interest expense on the $280 million of
debt represented by our 2017 Notes and 2021 Notes, we believe that
we will continue to incur significant losses and negative cash flow
from operating activities for the remainder of 2016.  In addition,
$136 million of the indebtedness represented by our 2017 Notes will
mature on September 1, 2017 and would be reflected as a current
liability on our September 30, 2016 balance sheet if not refinanced
prior to the filing of our Quarterly Report on Form 10-Q for the
quarterly period ended September 30, 2016, which would raise
substantial doubt about our ability to continue as a going
concern," the Company stated in its quarterly report for the period
ended June 30, 2016.

"We are evaluating additional sources of liquidity including asset
sales, joint ventures, exchange offers and alternative financing
arrangements to replace the Credit Agreement, but there is no
assurance that these sources will provide sufficient, if any,
incremental liquidity.  We are also evaluating various options to
address the September 2017 maturity of our 2017 Notes as well as
assessing our overall capital structure.  These options include
additional public or private exchanges of 2017 Notes for new
secured debt and/or common stock, refinancing the 2017 Notes with
unsecured debt and/or common stock as well as a broader
restructuring of our 2017 and 2021 Notes.  To assist the Board of
Directors and management team in evaluating these options, we have
retained Jefferies LLC and Seaport Global as our financial advisors
and Porter Hedges LLP as our legal advisor. There is no assurance
that any refinancing or debt or equity restructuring will be
possible or that additional equity or debt financing can be
obtained on acceptable terms, if at all.  If we are unable to
improve our liquidity position, and refinance or restructure our
debt, we may seek bankruptcy protection to continue our efforts to
restructure our business and capital structure.  As a part of that
process, we may have to liquidate our assets and may receive less
than the value at which those assets are carried on our
consolidated financial statements."


PICO HOLDINGS: Bloggers Explain CEO Hart Bonus Workaround
---------------------------------------------------------
PICO Holdings, Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a
diversified holding company reporting recurring losses since 2008.
PICO owns 57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water
Company, Inc., a securities portfolio and various interests in
small businesses. PICO has $662 million in assets and $426 million
in shareholder equity. Central Square Management LLC and River Road
Asset Management LLC collectively own more than 14% of PICO. Other
activists at http://ReformPICONow.com/have taken to the Internet
to advance the shareholder cause.

The bloggers explain in greater detail, their plan to avoid bonus
payments to PICO CEO John Hart:

"The PICO Board can sell assets and return to shareholders only the
proceeds that correspond to carrying value and administrative
expenses. The Net Gain can be banked for corporate expenses. John
'The Juicer' Hart is SOL.

The PICO Board should get on its horse and start selling assets
now. The Bonus Plan is based on 'Plan Years,' which begin January 1
and end December 31. Administrative expenses, which shield asset
sale proceeds from Juicer's greedy paws, can only be utilized in
the year they are paid. Administrative Expenses paid in 2016 cannot
be carried forward. Once 2016 is gone, those Administrative
Expenses will be lost as a shield for asset sale proceeds.

On the latest earnings call, PICO CFO Max 'Tangled' Webb stated
that 2016 corporate expenses would be around $10.5 million. But
Tangled Webb, as a potential Bonus recipient, has a vested interest
in lowering that figure. Given all the shareholder activism
expenses, high-priced professionals, retention of Keith Gottfried
to answer retail shareholder Books & Records Requests, we bet 2016
Administrative Expenses are around $13 million.

Final interpretation of 2016 Administrative Expenses will fall to
the Compensation Committee. Check out this provision, under the
heading "Administration," lifted right from the Bonus Plan:

'The Plan will be administered by the Compensation Committee of the
Board of Directors of the Company. The Committee will have the sole
discretion and authority to administer and interpret the Plan, and
the decisions of the Committee will in every case be final and
binding on all persons having an interest in the Plan.'

Assuming $13 million in Administrative Expenses for 2016, the ideal
asset for sale before the end of the year would have a price tag
that is $13 million above carrying value. That way, the entirety of
the proceeds could be returned to shareholders, with no Bonus paid
to Juicer and minimal cash banked at the corporate level.

Under no circumstances should the PICO Board close out 2016 without
an asset sale. If it does, $13 million in Administrative Expense
shield -- with a value of $2.6 million given Juicer's 20% Bonus
Allocation -- will be lost forever. This $13 million is scarcely
different from a deferred tax asset that is poised to expire; both
represent assets to shareholders that must be utilized.

Juicer's bad faith result was not perfect and RPN found the weak
link in the chain. Juicer will likely initiate litigation. But as
PICO Chairman Raymond Marino advised us over and over again, Juicer
entered into an iron-clad, binding contract that cannot be altered
without mutual consent. So be it -- Juicer has been hung by his own
petard.

Since Mr. Marino has publicly affirmed of the sanctity of the Hart
Compensation Scheme, we expect such finality to cut both ways. The
PICO Board must meet any litigation initiated by Juicer with equal
or superior force. Given the bad faith genesis of the Hart
Compensation Scheme, shareholder's Say on Pay vote, and the value
destruction inflicted upon PICO shareholders at the hands of
Juicer, we expect the Board to fight John Hart to the end of the
earth in defense of PICO's right to enforce the contract terms that
are now advantageous to PICO owners. Anything less will be a
betrayal of the owners of the business."


PODIUM PERFORMANCE: Hires White-Boyd as Attorney
------------------------------------------------
Podium Performance, LLC seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
White-Boyd Law, PA as attorney.

The Debtor requires White-Boyd to:

     a. advise to the Debtor with respect to its powers and duties
as Debtor-in-Possession and the  continued management of its
business operations;

     b. advise the Debtor with respect to its responsibilities in
complying with the US Trustee's Operating Guidelines and Reporting
Requirements and with the rules of the court;

     c. prepare motions, pleadings, orders, applications, adversary
proceedings, and other legal documents necessary in the
administration of the case;

     d. protect the interest of the Debtor in all matters pending
before the court; and

     e. represent the Debtor in negotiation with its creditors in
the preparation of a plan.

Nadine V. White-Boyd, Esq., employed by the firm of White-Boyd Law,
PA, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtor and its
estates.

White-Boyd may be reached at:

      Nadine V. White-Boyd, Esq.
      White-Boyd Law, PA
      5589 Okeechobee Blvd., Suite 103
      West Palm Beach, FL 33417

                 About Podium Performance, LLC

Podium Performance, LLC filed a Chapter 11 bankruptcy petition
(Bankr. S.D.Fla. Case No. 16-21400) on August 18, 2016. Nadine V.
White-Boyd, Esq. at White-Boyd Law, PA serves as bankruptcy
counsel.

The Debtor's assets and liabilities are both below $1 million.



PRO-FIT DEVELOPMENT: 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 Pro-Fit Development, Inc.

Pro-Fit Development, Inc. filed a chapter 11 petition (Bankr. M.D.
Fla. Case No. 16-06717) on Aug. 4, 2016.  At the time of filing,
the Debtor had total assets of $1.53 million and total liabilities
of $1.41 million.  The Debtor is represented by Buddy D. Ford,
Esq., Jonathan A. Semach, Esq., and J. Ryan Yant, Esq., at Buddy D.
Ford, P.A.


PROLINE CONCRETE: Hires Amigone Sanchez as General Ch. 11 Counsel
-----------------------------------------------------------------
Proline Concrete of WNY, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of New York to employ
Amigone, Sanchez & Mattrey, LLP, as general counsel.

Prior to the filing of the Debtor's petition, the Debtor retained
Amigone Sanchez to advise and represent the Debtor with respect to
various legal matters, including the preparation and commencement
of the Chapter 11 proceeding.

The Debtor says that it has again retained Amigone Sanchez, subject
to the approval of the Court, for the purpose of rendering legal
services, as needed throughout the course of these Chapter 11
proceedings, and representing and assisting the Debtor in carrying
out their duties as Debtor in Possession under Chapter 11 of the
U.S. Bankruptcy Code.

The current hourly rates of the individual attorneys, who will
render services during the course of these proceedings are: Arthur
G. Baumeister, Jr., Esq., at $275 per hour, and Scott Bogucki,
Esq., at $150 per hour.

Prior to the filing of the Debtor's petition, the Debtor tendered
the sum of $15,000 to Amigone Sanchez, for legal fees incurred
prior to the commencement of the Chapter 11 proceeding and that may
be incurred by the Debtor in connection with the present Chapter 11
proceedings.

Arthur G. Baumeister, Jr., a member of Amigone Sanchez, assures the
Court that Amigone Sanchez does not hold or represent any interest
adverse to the Debtor's estates, nor has it, at any time since the
commencement of the proceeding, held any such interest.  He adds
that the Firm is a disinterested person for the purpose of
representing and assisting the Debtor in carrying out their duties
under the Bankruptcy Code.

The Firm can be reached at:

          Arthur G. Baumeister, Jr., Esq.
          AMIGONE, SANCHEZ & MATTREY, LLP
          1300 Main Place Tower
          350 Main Street
          Buffalo, NY 14202
          Telephone: (716) 852-1300
          Facsimile: (716) 852-1344
          E-mail: abaumeister@amigonesanchez.com

               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.



QUEENSBORO 1: Seeks to Hire Sembler Company as Property Manager
---------------------------------------------------------------
Queensboro 1, LLC, asks the U.S. Bankruptcy Court for the Middle
District of Florida to enter an order authorizing the employment of
The Sembler Company as property manager.

The bankruptcy estate includes a shopping center located at 1794
22nd Street S, in Saint Petersburg, Florida.

Sembler has been the property manager for the past year and is
familiar with the tenants and the operation of the Debtor's
shopping center, the Debtor informs the Court.  The Debtor adds
that Sembler has operated as property manager pursuant to an
agreement with Andrew Bolnick, the Debtor's receiver, for the past
year and is willing to continue as property manager under the same
terms and conditions for the Debtor.

The Debtor believes that Sembler is well qualified to perform the
services necessary in this case.

Sembler can be reached at:

          The Sembler Company
          Corporate Headquarters
          5858 Central Avenue
          St. Petersburg, FL 33707
          Toll Free: 800-940-6000
          Telephone: (727) 384-6000
          Facsimile: (727) 343-4272
          Web site: http://www.sembler.com/

                       About Queensboro 1

Queensboro 1, LLC, owns a shopping center located in Saint
Petersburg, Florida.

Queensboro filed Chapter 11 bankruptcy petition (Bankr. M.D. Fla.
Case No. 16-07289) on August 24, 2016. The petition was signed by
Larry J. Newsome, president of managing member.  David W Steen,
Esq., at David W. Steen, P.A., serves as the Debtors' counsel.

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



R&M GENERAL: Taps Hodges Doughty as General Bankruptcy Counsel
--------------------------------------------------------------
R&M General Partnership asks for approval from the U.S. Bankruptcy
Court for the Eastern District of Tennessee to employ Dean B.
Farmer, Esq., and Kandi R. Yeager, Esq., and the firm of Hodges,
Doughty & Carson, PLLC, to represent the Debtor as general
counsel.

As counsel, the Firm will, among other things:

   (a) prepare on its behalf the statements and schedules, Plan
       of Reorganization and all other related pleadings required
       in the proceeding, including employment of professionals
       and operation of the Debtor's business;

   (b) represent the Debtor in filing all pleadings and court
       appearances in the United States Bankruptcy Court for the
       Eastern District of Tennessee as well as in other courts
       that may be required in this case, including a Plan of
       Reorganization; and

   (c) assist in resolution of issues with secured creditors and
       unsecured creditors.

The Debtor proposes to employ the attorneys at an hourly rate of
$300 per hour for Dean B. Farmer; $250 per hour for Kandi R. Yeager
and all other partners, $200 per hour for associates, and $95 per
hour for paralegal assistants with the total amount of the
compensation to be fixed and determined by the Court upon proper
application throughout the life of the case.

The Debtor has provided a retainer for representation of legal
services and expenses incurred by the Debtor and by the applicants.
Counsel has received a $10,000 retainer as of the date of petition
paid behalf of general partner Dunlap/Hamilton Crossing Centre,
LLC.  In addition, the Debtor has agreed to make additional
contributions to the retainer to ensure that the retainer will be
kept in the full amount and fully replaced if two thirds drawn
down.  A monthly "carve out" will be added to the retainer to
ensure this continued replacement in the amount of $4,000 a month
prior to payment of fees and expenses awarded in the final fee
application.

Counsel has, as of the Petition Date, segregated $4,000 in a
retainer for prepetition fees and expenses incurred in preparation
of and in contemplation of filing the bankruptcy petition on behalf
of R&M General and to avoid listing counsel as a creditor.  In
addition, the filing fee of $1,717 has been paid.  Counsel has
retained a general retainer for continued representation of the
debtor postpetition in the amount of $4,283.  Counsel will not have
the actual fees and expenses incurred on behalf of the Debtor until
approximately September 6, 2016.

Dean B. Farmer, Esq., a member of Hodges Doughty, assures the Court
that the Firm does not know of any adverse interest related to the
Debtor, such that the Firm would not be disinterested pursuant to
Section 101(14) of the Bankruptcy Code.

The Firm can be reached at:

          Dean B. Farmer, Esq.
          Kandi R. Yeager, Esq.
          HODGES, DOUGHTY & CARSON, PLLC
          Post Office Box 869
          Knoxville, TN 37901-0869
          Telephone: (865) 292-2307
          Facsimile: (865) 292-2252
          E-mail: dfarmer@hdclaw.com
                  kyeager@hdclaw.com

                  About R&M General Partnership

Headquartered in Knoxville, Tennessee, R&M General Partnership is
engaged in single asset real estate business.

R&M filed Chapter 11 bankruptcy petition (Bankr. E.D. Tenn. Case
No. 16-32601) on August 30, 2016.  The petition was signed by John
R. Dunlap, Jr., chief manager of Dunlap/Hamiton Crossing Centre,
LLC, general partner of the Debtor.  Dean B. Farmer, Esq., at
Hodges, Doughty & Carson PLLC serves as the Debtors' counsel.

R&M estimated both assets and liabilities in the range of $1
million to $10 million.




R&M GENERAL: Wants to Access Cash Collateral of Wells Fargo
-----------------------------------------------------------
R&M General Partnership asks the U.S. Bankruptcy Court for the
Eastern District of Tennessee for authorization to use cash
collateral.

The Debtor relates that it was indebted to Goldman Sachs Commercial
Mortgage Capital, LP, which the Debtor believes was purchased by
Wells Fargo Commercial Mortgage Servicing.  The Debtor further
relates that its indebtedness is in the approximate amount of
$3,800,000 and is secured by property consisting of a shopping
center, called Horseshoe Center, located at 715-743 Louisville
Road, Alcoa, Tennessee.

The Debtor tells the Court that currently it has no present
alternative borrowing source from which it could secure additional
funding to operate its business.  The Debtor further tells the
Court that it should be permitted to use cash collateral so that it
can maintain possession of its property and continue in its
business activity in an effort to achieve successful
reorganization.

The Debtor proposes a monthly carve out of $4,000.00 for payment of
professional fees.  The Debtor further proposes to make payments to
Wells Fargo Commercial Mortgage Servicing in the amount of $18,145
per month as adequate protection for its secured interest.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at https://is.gd/UYkzrl


                          About R&M General Partnership

R&M General Partnership filed a Chapter 11 petition (Bankr. E.D.
Tenn. Case No. 16-32601), on August 30, 2016.  The Debtor's counsel
is Dean B. Farmer, Esq. at Hodges, Doughty & Carson PLLC, of
Knoxville, TN.  The petition was signed by John R. Dunlap, Jr.,
chief manager of Dunlap/Hamiton Crossing Centre, LLC, general
partner of the Debtor.

The case is assigned to Judge Suzanne H. Bauknight.

At the time of the filing, the Debtor estimated assets and
liabilities at $1 million to $10 million. A copy of the Debtor's
list of 11 unsecured creditors is available for free at
http://bankrupt.com/misc/tneb16-32601.pdf


RESIDENTIAL CAPITAL: Stay Does Not Bar Foreclosure Sale of HOA Lien
-------------------------------------------------------------------
In the case captioned INVEST VEGAS, LLC, Plaintiff, v. 21ST
MORTGAGE CORPORATION; CALWESTERN RECONVEYANCE CORPORATION; NATIONAL
CITY MORTGAGE, A DIVISION OF NATIONAL CITY BANK OF INDIANA;
COMMONWEALTH LAND TITLE INSURANCE COMPANY; ONTARIO CONDOMINIUM
RENTAL SERVICES, INC.; TICOR TITLE OF NEVADA, INC.; HARLEE S.
CARTER; LANA CARTER; DARREN C. BOUTON; DOES I THROUGH X, INCLUSIVE;
ROE BUSINESS ENTITIES I THROUGH X, INCLUSIVE, Defendants, Adv. Pro.
16-01029 (MG)(Bankr. S.D.N.Y.), Judge Martin Glenn of the United
States Bankruptcy Court for the Southern District of New York
denied the Defendant's motion for summary judgment and granted the
Plaintiff's cross motion for summary judgment.

The dispute relates to real property located at 230 E. Flamingo
Road, #301, in Las Vegas, Nevada.  The Defendant is the holder of
the promissory note and first priority deed of trust on the Subject
Property.  The Defendant acquired its interest in the Real Property
Instruments pursuant to the terms of an order that was granted,
pursuant to sections 105, 363, and 365 of Bankruptcy Code.

On January 14, 2015, the Plaintiff commenced an action in the
Nevada District Court seeking to quiet title against any and all
parties, among others, the Defendant, who might claim an interest
in the Subject Property. The Nevada Action was ultimately removed
to the United States District Court for the District of Nevada and
then transferred to this Court.

In the Nevada Action, the Nevada District Court held -- in denying
the Defendant's motion to remand -- that the Defendant's mortgage
security in the Subject Property was part of the bankruptcy estates
of the Debtors.  On the question of whether the homeowners'
association ("HOA") Lien Sale and the subsequent completion of the
HOA Lien Sale violated the automatic stay, the Nevada Federal Court
noted that the property protected by the automatic stay was a
security interest in the Subject Property, but not the Subject
Property itself, and, therefore, when the Meridian HOA foreclosed
on the Subject Property, it did not foreclose on the property of
the Debtors' estates. However, the Nevada District Court noted that
the foreclosure had the effect of extinguishing the security
interest that was indeed property of the Debtors' estates. The
Nevada District Court left open the question whether the HOA Lien
Sale violated the automatic stay, by rendering valueless property
of the Debtor that was previously valuable. On January 25, 2016,
the Nevada District Court granted 21st Mortgage's motion to
transfer the action to this Court.

The Defendant contends that BH acquired the Real Property
Instruments "free and clear of all Interests of any kind or nature
whatsoever" pursuant to the terms of the Sale Order. Accordingly,
the Defendant argues that its interest in the Real Property
Instruments is free and clear of all interests. Moreover, the
Defendant contends that the Plaintiff, a sophisticated investor,
was charged with due diligence in its purchase of the Real Property
Instruments. The Defendant argues that validating HOA Lien Sale
would effectively deprive the Defendant of the value of the Real
Property Instruments.

The Plaintiff argues that the Subject Property was not part of the
bankruptcy estate and therefore the HOA Lien Sale did not violate
the automatic stay and the extinguishment of the Debtor's junior
lien, by a superpriority lien creditor outside of the bankruptcy,
was not a violation of the automatic stay. The Plaintiff argues
that the bankruptcy estate was limited to the junior lien interest
(i.e., its equity interest in the deed of trust) and the bankruptcy
estate did not include the real property that secured the interest.
Because the Subject Property was not property of the bankruptcy
estate, the HOA Lien Sale did not violate the automatic stay and
was therefore valid.

The Court concludes that the automatic stay did not bar the
nonjudicial foreclosure sale of the HOA lien because the Debtors
did not have an interest in the Subject Property, so it was not
property of the estate subject to the automatic stay after the
Debtors filed their chapter 11 cases. As a result, Invest Vegas
acquired the property, no longer subject to the deed of trust owned
by 21st Mortgage. The issue here is framed in cross motions for
summary judgment. There are no disputed issues of material fact.

Full-text copies of the Memorandum Opinion and Order dated August
30, 2016, is available at https://is.gd/FuMZZq from Leagle.com.
The court issued a Corrected Memorandum Opinion dated August 31,
2016, a full-text copy of which is available at
https://is.gd/5scwkg from Leagle.com.  The Correct Memorandum
Opinion included technical changes.

Invest Vegas, LLC, Plaintiff, is represented by CRYSTAL L. ELLER,
Esq., ROBERT B. NOGGLE, Esq. -- NOGGLE LAW PLLC, Kenneth A.
Reynolds, Esq. -- kreynolds@mklawnyc.com -- McBreen & Kopko.

21st Mortgage Corporation, Defendant, is represented by Diane
Bradshaw, Esq. -- dbradshaw@helfandlaw.com -- HELFAND & HELFAND,
Andrew B. Helfand, Esq. -- ahelfand@helfandlaw.com -- Helfand and
Helfand.

                  About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012.  Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is the
conflicts counsel.  Rubenstein Associates, Inc., is the public
relations consultants to the Company in the Chapter 11 case.
Morrison Cohen LLP is advising ResCap's independent directors.
Kurtzman Carson Consultants LLP is the claims and notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.
The Bankruptcy Court in November 2012 approved ResCap's sale of its
mortgage servicing and origination platform assets to Ocwen Loan
Servicing, LLC and Walter Investment Management Corporation for $3
billion; and its portfolio of roughly 50,000 whole loans to
Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.


RIVERSIDE MILITARY: Fitch Affirms BB+ $66MM Refunding Bonds Rating
------------------------------------------------------------------
Fitch Ratings has affirmed the 'BB+' rating on approximately $66.9
million of Gainesville Redevelopment Authority, GA series 2007
revenue refunding bonds issued on behalf of Riverside Military
Academy (RMA).

The Rating Outlook is Stable.

SECURITY

The bonds are an absolute and unconditional obligation of RMA,
secured by a first lien on the academy's campus and a cash-funded
debt service reserve sized to maximum annual debt service (MADS).

KEY RATING DRIVERS

MIXED FINANCIAL PROFILE: The 'BB+' rating primarily reflects this
military-style boys' college preparatory school's recurring
operating deficits, revenue concentration, and very high debt
burden. Partially offsetting factors include adequate balance sheet
resources that, while depleted from previous years, continue to
support the rating.

IMPROVED OPERATIONS: RMA's margins have improved but were still
negative on a full accrual basis in fiscal 2015 (and projected
fiscal 2016). However, enrollment growth, tuition increases, and
expense management have enabled RMA to steadily reduce its deficit
over time.

RELATIVELY STABLE ENROLLMENT: RMA's small student population
continues to see some growth, even with modest annual tuition
increases. Enrollment at the start of fall 2015 exceeded
management's expectations in the academy's 2010 multiyear business
plan; however, the enrollment level fluctuates throughout the
year.

HIGH LEVERAGE: RMA's debt burden remains very high, with MADS
representing 27.6% of fiscal 2015 unrestricted operating revenues.
The academy remains modestly reliant on endowment to cover annual
debt service, as institutional coverage had been less than 1.0x in
fiscal years 2010-2014, and 1.0x in fiscal 2015. RMA has no new
debt plans at this time, with fundraising expected to support
capital expenditures.

RATING SENSITIVITIES

ENROLLMENT STABILITY: Riverside Military Academy's inability to
maintain stable enrollment, given the academy's significant
reliance on net tuition and fees, could negatively pressure the
rating.

BALANCE SHEET LIQUIDITY: Continuation of positive trends in RMA's
balance sheet ratios are necessary to maintain the current rating.
Any significant deviation from the current level of the academy's
financial cushion may have negative rating implications.

CREDIT PROFILE

Founded in 1907, RMA is a military-style college preparatory school
for boys, offering boarding and day school programs for grades
7-12. The academy is located on a 206-acre campus in Gainesville,
Georgia, about 60 miles northeast of Atlanta.

Beginning June 2016, Col. William Gallagher was installed as the
ninth President of RMA after the retirement of Col. James Benson.
Col. Gallagher's professional background includes serving as Dean
of the College and Commandant of Cadets at Valley Forge Military
Academy, Chief Operating Officer for New York University in Abu
Dhabi, as well as 28 years as an active Army officer.

BALANCE SHEET STILL SUPPORTS RATING

RMA's balance sheet resources continue to support the rating.
Available funds (AF), defined by Fitch as unrestricted cash and
investments, remained flat over the prior year at $36.3 million at
May 31, 2015, equal to a solid 169.7% of expenses but a more modest
52.6% of debt.

Preliminary fiscal 2016 results indicate that available funds
ratios will be similar or slightly lower than one year prior. The
nominal amount of AF has been flat or declined modestly in recent
years, due to investment losses and use of the endowment to support
annual debt service. RMA's current liquidity position, although
reduced from previous levels, continues to support the rating.

OPERATIONS IMPROVE THOUGH REMAIN NEGATIVE

Operating deficits persist; however, RMA's operating margin
improved significantly to negative 4.5% in fiscal 2015 compared to
negative 15.4% in fiscal 2014. There has been modest but steady
operating improvement since at least fiscal 2010. Improvement in
fiscal 2015 operations is a direct result of a 15% year-over-year
increase in net tuition and fees during the 2014-15 academic year.
Preliminary fiscal 2016 operations indicate that the margin is
expected to be similar or slightly weaker than fiscal 2015.
Increased capital expenditures and deferred maintenance will be
partially offset by strong fall 2015 (fiscal 2016) enrollment
gains.

At Fitch's last review, management indicated its goal was to lower
its endowment draw to 5% over several years, per the investment
policy adopted by RMA's board. The draw for operations was 4.4% in
fiscal 2015; however, for fiscal 2016 management expects its
endowment draw to be approximately 6%. Fitch considers the more
traditional draw of 5% of endowment market value as sustainable
over the long term, and will monitor operations and the endowment
draw over time.

Fitch notes positively that net operating revenues continue to grow
and are ahead of plan, due mostly to enrollment growth, steady
tuition increases, and moderate tuition discounting. RMA management
reports it continues to monitor and contain operating expenses. The
Stable Outlook is based on Fitch's expectation that RMA will
sustain recent operating improvement supported by improved
enrollment trends. Reversal in operating improvement could lead to
negative rating action.

STEADY ENROLLMENT

Enrollment typically fluctuates during an academic year. RMA
measures its initial fall enrollment and tracks rolling enrollment
as cadets leave and enroll during the year. Enrollment has grown
following declines during 2005-2008. For fall 2015 (fiscal 2016),
initial enrollment increased to 526 cadets from 485 the prior year.
During the academic year, enrollment through April 2016 was 623,
but ended the year at 534, as 89 students either withdrew, were
dismissed, or were expelled.

For fall 2016, RMA is slightly under budget as of August 2016, but
management underscored that the academy typically enrolls up to 100
new students throughout the remainder of the academic year. Fitch
views RMA's rating stability as partly predicated on the academy's
ability to maintain stable-to-growing enrollment given its high
reliance on tuition and fee revenue (averaging 83% of unrestricted
operating revenues over the past five fiscal years) in conjunction
with its ability to manage through fluctuations.

HIGH LEVERAGE

Outstanding debt was $66.9 million as of May 31, 2016. The series
2007 bonds are fully amortizing fixed-rate debt, with level debt
service of about $5.6 million. RMA's debt burden remains very high,
with fiscal 2014 MADS equal to 27.6% of unrestricted operating
revenues. No new debt is planned, and Fitch views RMA as having no
additional debt capacity.

Debt service coverage had been below 1.0x fiscal 2010-2014, and
1.0x in fiscal 2015. The academy uses reserves and its
quasi-endowment to pay part of debt service. Management reports
that no bond covenants have been violated, and Fitch will monitor
operations over time for continued improvement in debt service
coverage and any moderation in the academy's high debt burden.


RIVERSIDE MULCH: Oct. 14 Liquidation Plan Confirmation Hearing
--------------------------------------------------------------
Judge Patrick M. Flatley of the U.S. Bankruptcy Court for the
Northern District of West Virginia on Sept. 6, 2016, approved
Riverside Mulch, Inc.'s Amended Disclosure Statement and authorized
the Debtor to solicit creditors' votes on the Second Amended Plan
of Reorganization.

On August 31, 2016, a hearing was scheduled to consider to consider
whether the Disclosure Statement contains adequate information,
pursuant to Bankruptcy Code Section 1125, to allow the Debtor to
solicit votes on its Plan.  Prior to the hearing, the parties asked
that the hearing be converted to a telephonic hearing and the
Debtor be allowed to modify the language of the Disclosure
Statement and Plan to address objections raised by the U.S. Trustee
to the Disclosure Statement and to facilitate the affirmative votes
needed for confirmation of the plan.  The court converted the
hearing to a telephonic status conference and following the
hearing, the Debtor filed an Amended Disclosure Statement which
addressed all of the concerns raised by the U.S. Trustee in her
objection. The court finds the Amended Disclosure Statement
contains adequate information pursuant to Bankruptcy Code Section
1125, to enable creditors to make an informed judgment about the
Debtor's Chapter 11 Plan.

A hearing will be held on Oct. 14, 2016, at 11:00 a.m., to consider
confirmation of the Plan and any timely objections thereto.

September 30, 2016, is fixed as the last day for filing acceptances
or rejections of the Chapter 11 Plan and the last day for filing
with the Court and serving written objections to confirmation of
the Chapter 11 Plan.

The Debtor's Plan proposes to sell all of its assets through a
bidding process, which will start once the plan takes effect.  

The real estate related to Riverside Mulch's former operations
will
be retained by the company and the property sold.  The value of
the
assets at sale is estimated to be $6.5 million.

The sale proceeds of the real estate will be first escrowed until
taxes are determined and paid.  Once taxes are paid, the remaining
amount will be used to pay the balance of the primary loan to the
extent secured and, thereafter, paid to creditors.

All of Riverside Mulch's remaining assets will be sold by deeds
and
assignments executed by the company, and net proceeds will be paid
to creditors from sales.

Riverside Mulch has hired Mike Matlat of GS Partners as realtor,
according to the disclosure statement detailing the plan.

After the bankruptcy court confirms the liquidating plan,
Riverside
Mulch will cease all operations except its security and accounting
operations.

                     About Riverside Mulch

Riverside Mulch, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. W.Va. Case No. 15-01109) on Nov. 13,
2015.  The petition was signed by Adam V. Stump, Sr., president.  
At the time of the filing, the Debtor estimated its assets and
liabilities at $1 million to $10 million.


ROCKY ASPEN: Ch.11 Trustee Taps Cordes & Company as Accountant
--------------------------------------------------------------
Michael L. Staheli, the Chapter 11 Trustee of Rocky Aspen, LLC,
seeks authorization from the U.S. Bankruptcy Court for the District
of Colorado to employ Cordes & Company to provide accounting and
related services to the Chapter 11 Trustee, nunc pro tunc to August
2, 2016.

The Trustee requires Cordes & Company to provide:

   (a) general administration of the case such as establishing and

       monitoring bank accounts, initiating wires;

   (b) comply with the Trustee's obligations with respect to
       financial and accounting recordkeeping and disclosure;

   (c) perform accounting-related tasks and functions for the
       Trustee and the estate; and

   (d) provide forensic accounting services and related analytical

       tasks regarding the nature and extent of the Debtor's
       assets, liabilities, and financial transactions.   

Cordes & Company will be paid at these hourly rates:

       Edward B. Cordes           $385
       Robert Neirynck            $235
       Beverly Blank              $125
       Other Support Staff        $70-$125

Cordes & Company will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Robert E. Neirynck, director and senior project manager of Cordes &
Company, informed the Chapter 11 Trustee that Cordes & Co. has: (a)
no connection with the Debtor, its creditors, or other
parties-in-interest in the Debtor's case; (b) does not hold any
interest adverse to the Debtor's estate; and (c) believes Cordes &
Co. is a "disinterested person" within the meaning of section
101(14) of the Bankruptcy Code.

Cordes & Company can be reached at:

       Robert E. Neirynck
       CORDES & COMPANY
       5299 DTC Blvd., Suite 815
       Greenwood Village, CO 80111
       Tel: (303) 721-8755

Rocky Aspen, LLC, sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
Colorado (Denver) (Case No. 16-12194) on March 11, 2016. The
petition was signed by Stephen Goglia, co-manager of Rocky Aspen,
LLC.

The Debtor is represented by David M. Miller, Esq., at Berenbaum
Weinshienk. The case is assigned to Judge Elizabeth E. Brown.

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


ROTARY DRILLING: Creditors' Panel Hires McKool Smith as Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Rotary Drilling
Tools USA, LLC and its debtor-affiliates, seeks authorization from
the U.S. Bankruptcy Court for the Southern District of Texas to
retain McKool Smith, P.C. as counsel, nunc pro tunc to July 27,
2016.

The Committee requires McKool Smith to:

   (a) advise the Committee with respect to its rights, powers,
       and duties;

   (b) assist and advise the Committee in its consultations with
       the Debtors in relation to the administration of these
       cases;

   (c) assist the Committee's investigation of the acts, conduct,
       assets, liabilities, and financial condition of the Debtors

       and of the operation of Debtors' businesses;

   (d) assist the Committee in its analysis of and negotiation
       with the Debtors, or any third party concerning matters
       related to, among other things, the terms of a chapter 11
       plan;

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

   (f) prepare all necessary motions, applications, responses,
       objections, reports and pleadings on behalf of the
       Committee;

   (g) review, analyze and respond as necessary to all
       applications, motions, orders, statements of operations and

       schedules filed with the Court, and advise the Committee as

       to their propriety; and

   (h) perform such other legal services as may be required to
       represent the interests of the Committee and unsecured
       creditors in the Bankruptcy Case.

McKool Smith will be paid at these hourly rates:

       Christopher D. Johnson      $495
       Benjamin W. Hugon           $350

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

Christopher Johnson, senior counsel of McKool Smith, 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.

McKool Smith can be reached at:

       Christopher D. Johnson, Esq.
       Benjamin W. Hugon, Esq.
       MCKOOL SMITH, P.C.
       600 Travis, Suite 7000
       Houston, TX 77002
       Tel: (713) 485-7300
       Fax: (713) 485-7344  

                 About Rotary Drilling Tools USA

Rotary Drilling Tools USA, LLC, manufactures and markets oilfield
drilling tubular tools. Rotary Drilling Tools sought Chapter 11
protection (Bankr. S.D. Tex. Case No. 16-33435) on July 6, 2016.
Judge Jeff Bohm is assigned to the case. The Debtor estimated
assets and liabilities in the range of $10 million to $50 million.

Brooke B Chadeayne, Esq., and Elizabeth M Guffy, Esq., at Locke
Lord Bissell & Liddell, LLP, serve as the Debtor's counsel. The
petition was signed by Bryan M. Gaston, chief restructuring
officer.

The Office of the U.S. Trustee appointed seven creditors to serve
on the official committee of unsecured creditors in the Chapter 11
cases of Rotary Drilling Tools USA, LLC, and its affiliates. The
Committee is represented by Christopher D. Johnson, Esq., Hugh M.
Ray, III, Esq., and Benjamin W. Hugon, Esq., at McKool Smith P.C.


RP CROWN: S&P Retains 'CCC+' CCR on CreditWatch Positive
--------------------------------------------------------
S&P Global Ratings said that its 'CCC+' corporate credit rating on
Scottsdale, Ariz.-based RP Crown Parent LLC, which markets products
under the JDA Software Group Inc. brand, remains on CreditWatch,
where S&P placed it with positive implications on Aug. 22, 2016.

At the same time, S&P assigned its 'B' issue-level rating and '3'
recovery rating to the company's proposed $1.2 billion secured term
loan due 2023 and $125 million secured revolving credit facility
due 2021.  The '3' recovery rating indicates S&P's expectation for
meaningful recovery (50%-70%; upper half of the range) of principal
in the event of a payment default.

Additionally, S&P will withdraw its ratings on the company's
existing bank debt after the transaction closes and the debt is
repaid.

The CreditWatch action followed JDA's announcement that it will
receive $570 million in new equity from The Blackstone Group L.P.
and New Mountain Capital LLC, which it will use to reduce debt.
"After the transaction closes, we expect to raise the corporate
credit rating to 'B' from 'CCC+', remove it from CreditWatch, and
assign a stable rating outlook if the capital structure is
implemented as proposed," said S&P Global Ratings' credit analyst
Christian Frank.  "The prospective upgrade also reflects the
improved cash flow that will result from the expected $70 million
in interest expense savings from the proposed transaction and the
extension of the company's debt maturities."  S&P expects funds
from operations (FFO) cash interest coverage to increase to the
high-2x area from 1.4x currently, and annual unadjusted free
operating cash flow (FOCF) to increase to the $100 million area or
higher from last-12-months FOCF of negative $8 million.

JDA has underperformed S&P's expectations since its leveraged
buyout (LBO) almost four years ago due to deep cuts and unexpected
attrition within the sales force causing license sales to fall by
approximately one-third from pre-LBO pro forma levels.  The company
is starting to realize the benefits of the sales force reinvestment
it began in 2014, with license sales up 37% year-over-year for the
first half of 2016.  Cloud revenue has grown over the last several
quarters, but the segment is still small. Most of the segment
remains hosting services for perpetual license software, but
software-as-a-service (SaaS) offerings are growing more quickly.
S&P expects the fast growth rate to continue as the company rolls
out more SaaS products.

S&P will monitor developments related to the recapitalization and
resolve the CreditWatch placement after the transaction closes.  At
that time, S&P expects to raise the corporate credit rating to 'B'
from 'CCC+' and remove it from CreditWatch if the capital structure
is implemented as proposed.  If JDA changes the proposed financing,
S&P could revise the rating differently than it has described, and
S&P could take rating actions on the new debt.

If S&P raises the rating as it describes, the outlook would be
stable and reflect S&P's expectation for EBITDA growth due to
better license sales from sales force retooling, FFO cash interest
coverage in the high-2x area, and annual unadjusted FOCF of around
$100 million or greater.

S&P could lower the rating during the 12 months following the
transaction if sales force changes don't result in improved license
sales as S&P expects, or if economic pressures cause demand to
decline, such that the company sustains FFO cash interest coverage
in the low-2x area.  S&P could also lower the rating if the company
breaches this threshold because of acquisitions or shareholder
returns.  S&P estimates that EBITDA would need to fall by $20
million or about 8% to reach these levels.

S&P doesn't expect to raise the rating during the 12 months
following the transaction due to the company's private equity
ownership, which S&P believes is likely to preclude sustained
leverage reduction.  Any upgrade would likely be in the context of
a public equity offering with leverage below 5x.


RPM AUTOMOTIVE: Trustee Hires Manty & Associates as Counsel
-----------------------------------------------------------
Nauni Jo Manty, the Chapter 11 Trustee of RPM Automotive, LLC,
seeks authorization from the U.S. Bankruptcy Court for the District
of Minnesota to employ Manty & Associates, P.A. as counsel to the
Trustee.

The Trustee requires Manty & Associates to:

   (a) attend hearings;

   (b) prepare proposed disclosure statement and plan of
       reorganization;

   (c) deal with any and all sale issues;

   (d) bring motions to extend and assume or reject leases;

   (e) negotiate with taxing authorities on debt;

   (f) deal with employment issues;

   (g) pursue possible preference actions;

   (h) pursue possible fraudulent transfer actions; and

   (i) draft and file any necessary motions objecting to claims or

       turnover, as well as any other issue that may arise in the
       case.

Manty & Associates will be paid at these hourly rates:

       Attorneys                   $150-$550
       Paralegal                   $160-$195

Manty & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Nauni Jo Manty of Manty & Associates, P.A., 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.

Manty & Associates can be reached at:

       Nauni Jo Manty, Esq.
       Jacqueline J. Williams, Esq.
       MANTY & ASSOCIATES, P.A.
       401 Second Avenue North, Suite 400
       Minneapolis, MN  55401
       Tel: (612) 465-0990

                     About RPM Automotive

RPM Automotive, LLC filed a Chapter 11 petition in the U.S.
Bankruptcy Court for the District of Minnesota Minneapolis) on
January 29, 2016.  The case (Case No. 16-40239) is assigned to
Judge Michael E. Ridgway.  The Debtor has tapped Yvonne R. Doose,
Esq., as its legal counsel.


S DIAMOND STEEL: 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 S Diamond Steel, Inc.

S Diamond Steel, Inc., based in Phoenix, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-07846) on July 11, 2016.  The
petition was signed by Matthew Miles Stevens, president.  The Hon.
Brenda K. Martin presides over the case.

Allan NewDelman, Esq., at Allan D. NewDelman P.C., serves as
bankruptcy counsel.

The Debtor disclosed $1.59 million in total assets and $5.58
million in total liabilities.


S-3 PUMP SERVICE: Taps Cook Yancey and Gaudry Ranson as Counsel
---------------------------------------------------------------
S-3 Pump Service, Inc., seeks an order from the U.S. Bankruptcy
Court for the Western District of Louisiana authorizing the
employment of Sidney E. Cook, Jr., Esq., and the law firm of Cook,
Yancey, King & Galloway, and Gregory G. Gremillion, Esq., and the
law firm of Gaudry, Ranson, Higgins & Gremillion, L.L.C., as
special counsel to assist and represent the Debtor in the state
court proceeding styled Sharquana Collins v. Newton Farris, S-3
Pump Service, Inc. and Berkley National Insurance Company, Case No.
589,327, in the First Judicial District Court, Caddo Parish,
Louisiana.

Messrs. Cook and Gremillion are well qualified to act as special
counsel for the Debtor as they have previously represented the
Debtor in the State Court Action, the Debtor tells the Court.

Messrs. Cook and Gremillion assure the Court that they are
disinterested persons, have not represented the Debtor in any other
capacity and do not hold or represent any adverse interest to the
Debtor or its estate.

The Court will commence a hearing on September 27, 2016, at 10:00
a.m., to consider the Application.

Mr. Cook can be reached at:

          Sidney E. Cook, Jr., Esq.
          COOK, YANCEY, KING & GALLOWAY
          A PROFESSIONAL LAW CORPORATION
          333 Texas Street, Suite 1700
          Shreveport, LA 71101
          Telephone: (318) 221-6277
          Facsimile: (318) 227-7850
          E-mail: sidney.cook@cookyancey.com

Mr. Gremillion can be reached at:

          Gregory G. Gremillion, Esq.
          GAUDRY, RANSON, HIGGINS & GREMILLION, L.L.C.
          401 Whitney Avenue, Suite 500
          Gretna, LA 70056
          Telephone: (504) 362-2466
          E-mail: ggremillion@grhg.net

                     About S-3 Pump Service

S-3 Pump Service, Inc., provider of high pressure pumping service,
filed a Chapter 11 bankruptcy petition (Bankr. W.D. La. Case No.
016-10383) on March 4, 2016.  The petition was signed by Malcolm H.
Sneed, III, the president.  Judge Jeffrey P. Norman is assigned to
the case.

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

Blanchard, Walker, O'Quin & Roberts serves as the Debtor's
counsel.



SALTY DOG REST: Trade Creditors to Receive 75% Under Plan
---------------------------------------------------------
Salty Dog Rest., Ltd. filed with the U.S. Bankruptcy Court for the
Eastern District of New York a disclosure statement in support of
the Debtor's Chapter 11 Plan of Reorganization, dated Sept. 4,
2016.

The Plan provides for the Debtor's debts to be discharged, the
establishment of a Post-Confirmation Trust into which the Debtor's
equity interest holders will deposit the full appraisal value of
the Debtor's assets, and the appointment of a Post-Confirmation
Trustee to monitor and defend against certain contingent,
unliquidated and disputed personal injury claims -- CUD PI Claims
-- for which legal actions have been filed against the Debtor.
This was necessary because the Debtor's liability insurance
carrier, Indemnity Insurance Corporation RRG, had itself been
liquidated by a Court appointed Receiver in Delaware in 2014.  As a
result, in the absence of this Chapter 11 Plan, the Debtor
ultimately would be liable to directly pay legal defense costs and
any judgment for damages awarded against it which would likely have
rendered the Debtor insolvent.

Class 4(a), which comprises the Secured Claim of the DOTF in the
amount of $30,000, will be paid in full under the Plan.

Holders of allowed Class 4(b) General Unsecured Trade Claims, which
total $128,000.00, are projected to recoup 75% of the allowed
amount of the claim.

Holders of allowed Class 4(c) General Unsecured, Contingent,
Unliquidated and Disputed PI
Litigation Claims -- CUD PI Claims -- which total $7,000,000, are
projected to receive 1 cent on the dollar.

The Debtor shall transfer the following property to the
Post-Confirmation Trust, and distribute the proceeds to Allowed
Creditors in accordance with the terms of the Plan:

     a. Avoidance Actions, and Fraudulent Conveyance Actions, if
any, in the Post-Confirmation Trustee's sole discretion, recoveries
of which would exceed litigation costs and expenses;

     b. Cash, in the estimated amount of $71,000, representing 100%
of the fair market value of all the Debtor's inventory, furniture,
fixtures and equipment (the Equipment), which will be in the form
the Contribution by the Debtor's Stockholders.

     c. The Holder of an Allowed Claim will receive a pro rata
share of the available Trust Assets in full settlement of its Claim
pursuant to the Bankruptcy Code.

     d. The costs of administering the Post-Confirmation Trust
including the fees and expenses of any professionals retained by
the Post-Confirmation Trustee will be paid by the Debtor prior to
Confirmation of the Plan and from the Trust Assets before
Distributions are made to Allowed Creditors. Therefore, the Plan
contemplates Distributions to Holders of Allowed Claims once the
amount of those Claims can be determined.

The Post-Confirmation Trustee will be responsible for administering
and distributing the funds under the Plan.

The Debtor eyes approval of the Disclosure Statement in October.

A copy of the Disclosure Statement is available at:

         http://bankrupt.com/misc/nyeb16-40679-0041.pdf

                      About Salty Dog Rest

Salty Dog Rest, Ltd., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 16-40679) on Feb. 24,
2016.  The petition was signed by Robert P. Fadel, president.  The
case is assigned to Judge Elizabeth S. Stong.   On the Petition
Date, the Debtor listed $15,000 in assets and $128,000 in
liabilities on its Schedules.

The Debtor is represented by:

     RANDALL S. D. JACOBS, PLLC
     30 Wall Street, 8th Floor
     New York, NY 10005
     Tel.: (212) 709-8116
     Fax: (973) 226-8897
     rsdjacobs@chapter11esq.com


SARPONG LLC: Case Summary & 7 Unsecured Creditors
-------------------------------------------------
Debtor: Sarpong LLC
        P.O. Box 1374
        Bowie, MD 20715

Case No.: 16-22225

Chapter 11 Petition Date: September 12, 2016

Court: United States Bankruptcy Court
       District of Maryland (Greenbelt)

Debtor's Counsel: Jeanette L. Rice, Esq.
                  WALSH, BECKER & RICE
                  14300 Gallant Fox Lane, Suite 218
                  Bowie, MD 20715
                  Tel: (301) 262-6000
                  Fax: (301) 262-4403
                  E-mail: riceesq@att.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Samspon B. Sarpong, member.

A copy of the Debtor's list of seven unsecured creditors is
available for free at http://bankrupt.com/misc/mdb16-22225.pdf


SFX ENTERTAINMENT: Seeks Probe Over Digital Music Charts
--------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that a music label has called for an investigation into
SFX Entertainment Inc., alleging that digital music charts overseen
by the concert producer were manipulated.

According to the report, citing papers filed with the U.S.
Bankruptcy Court in Wilmington, Del., Art & Music Recording S.r.l.,
or AMR, has asked the judge overseeing SFX's chapter 11 case to
sign off on a probe of SFX's Beatport online music store.

AMR says it wants to find out who, if anyone, is responsible for
manipulating a number of tracks it licensed to Beatport's online
store and has turned to the bankruptcy court for help, the report
related.  Investigations under Rule 2004 of the bankruptcy code
allow creditors to launch examinations of a company's financial
health and past operations, WSJ noted.

In 2015, Beatport said it had evidence that several AMR tracks had
been "juiced," or artificially bumped up in the charts to appear
more popular, WSJ further related.  Beatport subsequently removed
six AMR tracks, the report said, citing court papers.

AMR steadfastly denies that it interfered with the charts and has
asked for more information from SFX to help it uncover the culprit,
but SFX has refused to provide additional information, the report
added, further citing court papers.

                     About SFX Entertainment

SFX Entertainment, Inc., and 43 of its affiliates, a global
producer of live events and digital entertainment content focused
exclusively on the electronic music culture and other world-class
festivals, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10238 to 16-10281) on Feb. 1, 2016. The petitions
were
signed by Michael Katzenstein as chief restructuring officer.

The Debtors disclosed total assets of $662 million and total debt
of $490 million.

Judge Mary F. Walrath is assigned to the case.

Greenberg Traurig, LLP serves as the Debtors' counsel. Kurtzman
Carson Consultants LLC acts as the Debtors' claims and noticing
agent. The Debtor hired FTI Consulting Inc. to provide crisis and
turnaround management services.

An Official Committee of Unsecured Creditors has retained
Pachulski
Stang Ziehl & Jones LLP as counsel, and Conway Mackenzie, Inc., as
financial advisor.


SHRI GURUKRUPA: Employs Tate M. Russack and RLC PA as Counsel
-------------------------------------------------------------
Shri Gurukrupa LLC seeks authority from the U.S. Bankruptcy Court
for the District of Maryland to employ Tate M. Russack, Esq., and
RLC, P.A., Lawyers & Consultants, as counsel for the Debtor.

The professional services of the Counsel include:

   a. Legal advice in the continued possession and management of
      its property;

   b. Preparation of the Statement of Financial Affairs,
      Schedules, Statement of Executory Contracts and other
      statements and schedules required by the Bankruptcy Code,
      Bankruptcy Rules, and/or Local Bankruptcy Rules;

   c. Representation of the Debtor, as Debtor-in-Possession, in
      connection with any proceedings for relief from stay which
      may be instituted in this Court;

   d. Representation of the Debtor, as Debtor-in-Possession, at
      any meetings of creditors convened pursuant to Section 341
      of the Bankruptcy Code;

   e. Representation of the Debtor, as Debtor-in-Possession, of
      all necessary applications, motions, answers, orders,
      reports, and other legal papers and advice, and assistance
      to and representation of the Debtor in preparing, filing,
      and prosecuting a disclosure statement and plan under
      Chapter 11;

   f. Representation of the Debtor in collateral litigation
      before the Bankruptcy Court and other courts; and

   g. Such other legal services for the Debtor, which may be
      necessary, and to generally represent, advise, and assist
      the Debtor, as Debtor-in-Possession, in carrying out their
      duties under the Bankruptcy Code.

The Debtor wishes to employ the Counsel under a general retainer
agreement with fees based on their normal hourly rates:

          a. Senior attorney: $450 per hour
          b. Attorney: $350 per hour
          c. Paralegal: $170 per hour
          d. Secretary/receptionist: no charge.

Prior to the filing of the bankruptcy case, the Counsel received
from the Debtor $7,409 for preliminary legal work to settle with
the creditors prior to filing and then to prepare the Debtors
filings in the Chapter 11 case and holds a trust balance of
$1,590.

Tate M. Russack, Esq., an attorney at RLC, assures the Court that
the Firm and its members and associates do hold or represent any
interest adverse to the bankruptcy estate with respect to the
matters for which they are engaged.

The Firm can be reached at:

          Tate M. Russack, Esq.
          RLC, P.A., LAWYERS AND CONSULTANTS
          7999 N. Federal Hwy., Suite 100A
          Boca Raton, FL 33487
          Telephone: (561) 571-9610
          Facsimile: (800) 883-5692
          E-mail: tate@russack.net

                      About Shri Gurukrupa

Shri Gurukrupa, LLC filed Chapter 11 bankruptcy petition (Bankr. D.
Md. Case No. 16-21645) on August 30, 2016.  The petition was signed
by Biten K Bhavsar, managing member.  The case is assigned to the
Hon. James F. Schneider.  Tate Russack, Esq., at RLC Lawyers &
Consultants serves as the Debtors' counsel.

Shri Gurukrupa estimated its assets in the range of $0 to $50,000,
and liabilities in the range of $1 million to $10 million.



SHRI GURUKRUPA: Hires Arun Chawla as Certified Public Accountants
-----------------------------------------------------------------
Shri Gurukrupa LLC asks for permission from the U.S. Bankruptcy
Court for the District of Maryland to employ Arun Chawla, C.P.A.,
of Chawla & Chawla, P.C., Certified Public Accountants, an
accounting firm, as accountant for the Debtor.

The employment of an accountant is necessary for the efficient
administration of the case and to comply with Federal and state tax
laws, the Debtor states.  Specifically, the Debtor says, it is
necessary for it to determine its income/loss, prepare and file
necessary tax returns and comply with the U.S. Trustee reporting
requirements.  Accordingly, the Debtor requires the services of an
accountant to prepare estate tax returns in order to satisfy the
estate's obligations as to such tax returns as well as the Debtor's
obligations to the U.S. Trustee's office and other requirements of
the Debtor under the Bankruptcy Code.

The Accountant provided accounting services to the Debtor's
tenant-company in prebankruptcy periods, and the Accountant is owed
monies by that tenant-company, the Debtor informs the Court.

Arun Chawla, a principal of Chawla & Chawla, assures the Court that
the Firm and its associates are disinterested parties within the
meaning of Section 101(14) of the Bankruptcy Code.

The Firm can be reached at:

          Chawla & Chawla, P.C.
          438 N Frederick Ave., Suite 400
          Gaithersburg, MD 20877
          Telephone: (301) 977-2481
          Facsimile: (301) 216-2727
          Web site: http://chawlaandchawlacpa.com/

                      About Shri Gurukrupa

Shri Gurukrupa, LLC filed Chapter 11 bankruptcy petition (Bankr. D.
Md. Case No. 16-21645) on August 30, 2016.  The petition was signed
by Biten K Bhavsar, managing member.  The case is assigned to the
Hon. James F. Schneider.  Tate Russack, Esq., at RLC Lawyers &
Consultants serves as the Debtors' counsel.

Shri Gurukrupa estimated its assets in the range of $0 to $50,000,
and liabilities in the range of $1 million to $10 million.



SMARTMALLOW FARMS: 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 Smartmallow Farms, LLC.

Smartmallow Farms, LLC filed a Chapter 11 bankruptcy petition
(Bankr. S.D. AL. Case No. 16-02735) on August 12, 2016. Irvin
Grodsky, P.C. represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Timothy
Hogan, managing member.


SON CORP: Selling Pacoima Property to G&M Gapco for $3M
-------------------------------------------------------
Son Corp., asks the U.S. Bankruptcy Court for the Central District
of California to authorize the sale of commercial real property
located at 10685 Laurel Canyon Boulevard in Pacoima, California and
related personal property used to operate the gas station and the
convenience store business, outside the ordinary course of business
to G&M Gapco, LLC for $3,000,000, subject to overbid.

A hearing on the Motion is set for Oct. 20, 2016 at 9:30 a.m.

The Debtor and G&M Gapco entered into Asset Purchase and Sale
Agreement and Joint Escrow Instructions dated June 29, 2016.

The salient terms of the Purchase and Sale Agreement are:

          a. Purchase Price: $3,000,000

          b. Purchased Asset: Commercial real property located at
10685 Laurel Canyon Boulevard, Pacoima, California, and related
personal property used to operate the gas station and the
convenience store business.

          c. Deposit: $200,000

          d. Terms: "as is"

          e. Closing: 10 days after the Court Order

The fair market value of the Laurel Canyon Boulevard Property was
$900,000 as of Dec. 24, 2014, which valuation is based on the
Appraisal report, dated Dec. 24, 2014, prepared by Voltz Commercial
Realty Advisors, Inc. The fair market value of the Personal
Property was $155,193 as of the Petition Date.

BBCN Bank holds a first and second priority deed of trust liens
against the Laurel Canyon Boulevard Property and a blanket security
interest in that certain personal property in the aggregated amount
of $1,100,557 as of the Petition Date.

The primary purpose for the Debtor's bankruptcy filing was to
afford an opportunity to restructure its debts. By the Motion, the
Debtor seeks authorization to sell the Laurel Canyon Boulevard
Property and Personal Property ("Property") to pay any undisputed
liens and costs of sale, including escrow fees and closing costs,
out of the sale proceeds and through escrow. The proposed sale will
enable the Debtor to satisfy all claims against the Property and
utilize the remaining sale proceeds to fund its plan of
reorganization, and therefore has a sound business justification.

The Debtor requests that the Court make a finding that G&M Gapco is
a good faith purchaser of the Property. The protection under 11
U.S.C. Section 363(m) is appropriate in the instant case because
the proposed sale transaction is proposed sale transaction is the
product of arm's length, good faith negotiations between Sam
Hejran, the licensed salesperson at the real estate brokerage
company, La Mega Realty, Inc., employed by the Debtor, on the one
hand, and G&M Gapco on the other. G&M Gapco is not an insider of
the Debtor.

The Debtor requests that the Court waive the 14 day stay imposed by
FRBP 6004(h). The parties wish to complete the sale as quickly as
possible in order to facilitate prompt payment of the allowed
claims of the Debtor's plan of reorganization; therefore, the
Debtor requests permission to proceed with sale immediately.
Moreover, it is not anticipated that any creditor or party in
interest will object to the proposed sale.

The Purchaser can be reached at:

          Jennifer Talbert
          Vice President
          G&M GAPCO, LLC
          16868 A Lane
          Huntington Beach, CA 92647
          Telephone: (714) 475-6324
          E-mail: jltalbert@gmoc.com

Counsel for Debtor:

          Raymond H. Aver, Esq.
          LAW OFFICES OF RAYMOND H. AVER
          10801 National Boulevard, Suite 100
          Los Angeles, CA 90064
          Telephone: (310) 571-3511
          E-mail: ray@averlaw.com

                              About Son

Son Corp. sought Chapter 11 protection (Bankr. C.D. Cal. Case No.
14-11061) on February 28, 2014. Judge Maureen Tighe presides over
the case.

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

The Debtor tapped Raymond H. Aver, Esq. at Law Offices of Raymond
H. Aver APC as counsel.

The petition was signed by Orlando Armaswalker,
secretary/treasurer.


SPX CORP: Egan-Jones Upgrades Sr. Unsecured Debt Ratings to BB
--------------------------------------------------------------
Egan-Jones Ratings Company downgraded the senior unsecured ratings
on debt issued by SPX Corp. to BB from BB+ on Aug. 22, 2016.

SPX Corporation is a diversified, global supplier of infrastructure
equipment with scalable growth platforms in heating, ventilation
and air conditioning, and detection and measurement markets, and a
strong presence in power and energy markets.



SQUIRE COURT: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Squire Court Partners Limited Partnership
           dba Squire Court Apartments
           dba Cedar Ridge West Apartments
           dba Stone Ridge Apartments
        9421 Haven Avenue
        Rancho Cucamonga, CA 91730

Case No.: 16-14816

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: September 12, 2016

Court: United States Bankruptcy Court
       Eastern District of Arkansas (Little Rock)

Judge: Hon. Richard D. Taylor

Debtor's Local Counsel: James F. Dowden, Esq.
                        JAMES F. DOWDEN, P.A.
                        212 Center Street, 10th Floor
                        Little Rock, AR 72201
                        Tel: (501) 324-4700
                        Fax: (501) 374-5463
                        E-mail: jfdowden@swbell.net

Debtor's Lead Counsel:  E. P. Keiffer, Esq.
                        Coats Rose, P.C.,
                        325 North St. Paul Street, Suite 4150,     
             
                        Dallas, TX 75201
                        Tel: (214) 65 1-6517
                        Fax: (214) 481-2817 - facsimile
                        E-mail: pkeiffer@coatsrose.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Philip Nelson Lee, secretary/general
counsel/director.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/areb16-14816.pdf


STEMCELLS INC: Winding Down Operations, May File for Bankruptcy
---------------------------------------------------------------
Stemcells, Inc., filed its quarterly report on Form 10-Q,
disclosing a net income of $2.51 million on $29,311 of revenue for
the three months ended June 30, 2016, compared with a net loss of
$3.69 million on $8.46 million of revenue for the same period in
2015.

The Company's balance sheet at June 30, 2016, showed $6.32 million
in total assets, $11.21 million in total liabilities, and a
stockholders' deficit of $4.89 million.

In May 2016, Stemcells decided to terminate its Phase II Pathway
Study in spinal cord injury following an in-depth review of data
from the study and after obtaining the concurrence of the study's
Interim Analysis Data Monitoring Committee.  While the results
showed overall improvement in patients treated with its proprietary
cells, the magnitude of the effect and the perceived trend of the
effect over time did not justify continuing the study or exploring
the variability in the initial patient observations, given the
financial resources available to them.  Following this, in May
2016, Stemcells' Board of Directors approved a plan to wind down
its current operations, having considered the decision to terminate
the Pathway Study, Stemcells' available strategic alternatives and
its current cash position.  The Company is evaluating opportunities
to monetize its intellectual property, including data collected in
its studies and trade secrets, as well as the transfer of its
proprietary HuCNS-SC cells and other assets through a potential
sale.  Stemcell will not proceed with its earlier plans to conduct
a rights offering, for which it had filed a registration statement
with the SEC.  As part of the wind down of its operations, the
Company conducted a reduction of its work force impacting all of
the Company's remaining full-time employees, consisting of
approximately 50 employees and exited its facilities, as of August
1, 2016.  Effective May 31, 2016, the Company recorded all expenses
committed to the wind-down of its operations as wind-down expense.
The Company recorded approximately $3,803,000 in wind-down expenses
for the quarter ended June 30, 2016.

The Company has incurred significant operating losses since
inception and have an accumulated deficit of $463,732,581 through
June 30, 2016.  As of June 30, 2016, the Company had cash and cash
equivalents of approximately $2,449,000.  The Company expects to
incur additional operating losses over the foreseeable future.  As
of the date of this report, Stemcell have a few employees and
insufficient funds to cover future company operations.  The Company
have a very limited liquidity and capital resources and must obtain
additional capital and other resources through additional financing
or business transactions with potential to provide funds required
to restart and continue operations.  There are no assurances that
these transactions will be realized in whole or in part.  These
issues, raise substantial doubt about the ability of the Company to
continue as a going concern.  If the Company exhaust its cash
reserves and is unable to obtain adequate financing, it may be
unable to meet its operating obligations and may be required to
initiate bankruptcy proceedings.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/1w6w7u

Based in Newark, Calif., StemCells, Inc., is engaged in the
research, development and commercialization of stem cell
therapeutics.  The Company is focused on developing and
commercializing stem and progenitor cells as the basis for
therapeutics and therapies.  Its lead product development program
is its central nervous system (CNS) program, in which it is
developing applications for HuCNS-SC cells, its human neural
platform technology.  It is in clinical development with its
HuCNS-SC cells for a range of diseases and disorders of the central
nervous system, which consists of the brain, spinal cord and eye.


STEREO ONE: U.S. Trustee Objects to Plan, Disclosure Statement
--------------------------------------------------------------
Samuel K. Crocker, United States Trustee for Region 8, objects to
the Small Business Disclosure Statement and Plan filed by Stereo
One, Inc., complaining that:

   * While the Debtor has provided language in the Plan at
paragraph 3.4 regarding the payment of 28 U.S.C. Section 1930(a)(6)
U.S. Trustee Quarterly Fees, the Plan should provide that the
reorganized Debtor will file with the Court and serve on the U.S.
Trustee a financial report for each Quarter (or portion thereof),
that the case remains open, in a format prescribed by the U.S.
Trustee and provided to the Debtor by the U.S. Trustee.

   * The Plan does not address in Section 4.01 - Priority Claims
the priority proofs of claim filed by the Tennessee Department of
Revenue (Claims # 8-1 and # 9-1).

   * The Plan purports in Class 7 to include holders of unsecured
claims of less than $10,000 as a convenience class per Section
1122(b) allowing for a cash payment of 15% of the allowed claim as
payment in full.  It provides no further discussion of the timing
or manner in which the claims are to be paid.  How claims are to be
paid should be clearly addressed in the Plan.

   * Section 4.01 Class 8 - General Unsecured Creditors states that
unsecured debt will be converted to equity and paid a "priority
amount from quarterly fees until paid in full," without further
explanation of the terms or manner in which the claims will be
satisfied.  Article VIII provides for amendment of the corporate
charter "to include a special class of stock for the Class 8
Unsecured creditors."  But it is not at all explained how this
satisfies the claims, nor how this would result in in a 100%
distribution to unsecureds as stated in the Liquidation Analysis.

                        About Stereo One

Stereo One Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W. D. Tenn. Case No. 15-29530) on October
7, 2015.  The petition was signed by Kourosh (David) Zarshenas,
president.  

The case is assigned to Judge Paulette J. Delk.

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

                      *     *     *

The U.S. Bankruptcy Court for the Western District of Tennessee
will consider approval of the Chapter 11 plan of Stereo One Inc. at
a hearing on September 20, 2016 at 11:00 a.m., at Courtroom 630,
200 Jefferson Avenue, Memphis, Tennessee.

The court will also consider at the hearing the final approval of
Stereo One's disclosure statement, which it conditionally approved
on August 3.


STERLING ENGINEERING: Plan Filing Deadline Extended Until Nov. 24
-----------------------------------------------------------------
Judge David R. Jones of the U.S. Bankruptcy Court for the Southern
District of Texas extended Sterling Engineering Group of Companies,
LLC's exclusive period to file a plan of reorganization and solicit
approval of the plan until November 24, 2016.

The Troubled Company Reporter reported earlier that the Debtor
sought an extension of its exclusive period to file a plan of
reorganization and solicit approval of the plan by 120 days,
contending that any successful plan of reorganization requires a
resolution of Suncoast Post-Tension, Ltd.'s claim which constitutes
an overwhelming percentage of more than 95% of all financial claims
asserted against the Debtor.  

According to the Debtor, it has reached a conditional settlement
with Suncoast in relation to Suncoast's claim which requires both
the Court's consent and the execution of a final agreement between
Suncoast and the Debtor, as well as the satisfaction of certain
additional contingencies.  The Debtor is confident that all issues
will be resolved and the settlement can be integrated into a
consensual reorganization presented to the Court for approval,
considering that the Court has already abated an adversary action
filed by Suncoast in light of the announcement of the conditional
settlement.

The only other significant issue related to a final reorganization
involves the claim and subsequent adversary action filed by Warwick
Construction, Inc. related the Debtor's liability to a construction
project located in Fort Bend County, Texas.  The Counsel for
Warwick was in agreement and this Court indicated that the matter
would be tried in October of this year.

                About Sterling Engineering Group of Companies,
L.L.C.

Headquartered in San Antonio, Texas, TNP Titan Plaza Fund, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. W.D. Tex. Case
No. 16-50780) on April 4, 2016, estimating its assets at between $1
million and $10 million and its liabilities at between $1 million
and $10 million.  The petition was signed by Anthony W. Thompson,
CEO of managing member.

Judge Craig A. Gargotta presides over the case.

Thomas Rice, Esq., at Pulman, Cappuccio, Pullen, Benson & Jones,
LLP, serves as the Debtor's counsel.


SUNEDISON INC: Cobalt Partners Securities Suit Sent to S.D.N.Y.
---------------------------------------------------------------
In the case captioned COBALT PARTNERS, LP, COBALT PARTNERS II, LP,
COBALT OFFSHORE MASTER FUND, LP AND COBALT KC PARTNERS, LP,
Plaintiffs, v. SUNEDISON, INC., AHMAD CHATILA, BRIAN WUEBBELS,
MARTIN TRUONG, ALEJANDRO HERNANDEZ, EMMANUEL HERNANDEZ, ANTONIO R.
ALVAREZ, PETER BLACKMORE, CLAYTON DALEY JR., GEORGANNE PROCTOR,
STEVEN TESORIERE, JAMES B. WILLIAMS, RANDY H. ZWIRN, GOLDMAN, SACHS
& CO., J.P. MORGAN SECURITIES LLC, MORGAN STANLEY & CO. LLC,
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, DEUTSCHE BANK
SECURITIES INC., MACQUARIE CAPITAL (USA), INC., MCS CAPITAL MARKETS
LLC and DOES 1-25, inclusive, Defendants. AND RELATED CASES, No. C
16-02263 WHA, Case No. 3:16-cv-02264-WHA., 3:16-cv-02265-WHA,
3:16-cv-02268-WHA (N.D. Cal.), Judge William Alsup of the United
States District Court for the Northern District of California
denied the plaintiffs' motion for remand and granted the
defendants' motion for transfer to the United States District Court
for the Southern District of New York for referral to bankruptcy
court.

Four related actions were brought by purchasers of securities
issued by the defendant SunEdison, Inc. and its partially-owned
affiliate Terraform Global, Inc. (Global).  The nub of all four
lawsuits is that defendants violated various securities laws by
failing to disclose information related to SunEdison's debts and
weakened liquidity.

The actions were originally filed in San Mateo County Superior
Court on March 28, March 29, March 30, and April 4, 2016.  On April
26, 2016, SunEdison filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code in the United States Bankruptcy
Court for the Southern District of New York, In re SunEdison, Inc.,
et al., Case No. 16-10992 (Bankr. S.D.N.Y.).  All proceedings
against SunEdison are thus stayed pursuant to 11 U.S.C. 362(a).
The defendants subsequently removed all of the actions pursuant to
28 U.S.C. 1452(a) as proceedings "related to" SunEdison's
bankruptcy case.

The plaintiffs in all four actions moved to remand the actions to
state court.  In addition, the defendants in all four actions moved
to transfer the action to the United States District Court for the
Southern District of New York for referral to the bankruptcy court
in that district, or at least for more convenient coordination.

The plaintiffs made three main arguments in support of their
motions to remand.  First, the plaintiffs argued that removal was
not proper because these actions are not "related to" the SunEdison
bankruptcy action.  Second, the plaintiffs asserted that Section
22(a) of the Securities Act of 1933 bars removal of the complaints.
Third, the plaintiffs argued that equitable factors warrant remand
under Section 1452(b).

Judge Alsup concluded that the indemnification rights of the
individual and underwriter defendants render the actions "related
to" the SunEdison's bankruptcy action.  The judge also concluded
that Section 22(a) does not bar removal of actions "related to" a
bankruptcy action under Section 1452(a), but certified this issue
for interlocutory review under 28 U.S.C. 1292(b).

Finally, Judge Alsup found that equitable factors, the interest of
justice and the convenience of the parties do not favor remand, but
warrant transfer instead.  "First, the proximity of the New York
district court to the bankruptcy court will enable it to more
efficiently adjudicate the claims.  Second, plaintiffs' choice of
forum is undercut by the apparently undisputed fact that plaintiffs
do not reside in California.  Finally, the complaints do not allege
any California claims," the judge explained.

A full-text copy of Judge Alsup's August 26, 2016 order is
available at https://is.gd/io1BUu from Leagle.com.

Cobalt Partners, LP., Cobalt Partners II, LP, Cobalt Offshore
Master Fund, LP, Cobalt KC Partners, LP are represented by:

          Darren Jay Robbins, Esq.
          James Ian Jaconette, Esq.
          Jennifer N. Caringal, Esq.
          Scott H. Saham, Esq.
          Susan Goss Taylor, Esq.
          ROBBINS GELLER RUDMAN & DOWD LLP
          655 West Broadway, Suite 1900
          San Diego, CA 92101
          Tel: (619)231-1058
          Fax: (619)231-7423
          Email: darrenr@rgrdlaw.com
                 jamesj@rgrdlaw.com
                 jcaringal@rgrdlaw.com
                 scotts@rgrdlaw.com
                 susant@rgrdlaw.com

            -- and --

          David William Hall, Esq.
          Dennis J. Herman, Esq.
          ROBBINS GELLER RUDMAN & DOWD LLP
          Post Montgomery Center
          One Montgomery Street, Suite 1800
          San Francisco, CA 94104
          Tel: (415)288-4545
          Fax: (415)288-4534
          Email: dhall@rgrdlaw.com
                 dennish@rgrdlaw.com

SunEdison, Inc., Ahmad Chatila, Brian Wuebbels, Martin Truong,
Emmanuel T. Hernandez, Antonio R. Alvarez, Clayton Daley, Jr.,
Georganne Proctor, Steven Tseoriere, James B. Williams, Randy H.
Zwirn are represented by:

          Sara B. Brody, Esq.
          Jaime Allyson Bartlett, Esq.
          Sarah Alison Hemmendinger, Esq.
          SIDLEY AUSTIN LLP
          555 California Street, Suite 2000
          San Francisco, CA 94104
          Tel: (415)772-1200
          Fax: (415)772-7400
          Email: sbrody@sidley.com
                 jbartlett@sidley.com
                 shemmendinger@sidley.com

            -- and --

          Norman J. Blears, Esq.
          SIDLEY AUSTIN LLP
          1001 Page Mill Road, Building 1
          Palo Alto, CA 94304
          Tel: (650)565-7000
          Fax: (650)565-7100
          Email: nblears@sidley.com

            -- and --

          Robin Eve Wechkin, Esq.
          SIDLEY AUSTIN LLP
          Email: rwechkin@sidley.com

Peter Blackmore is represented by:

          Jie Li, Esq.
          Michael G. Bongiorno, Esq.
          WILMER CUTLER PICKERING HALE AND DORR
          7 World Trade Center
          250 Greenwich Street
          New York, NY 10007
          Tel: (212)230-8800
          Fax: (212)230-8888
          Email: michael.bongiorno@wilmerhale.com

            -- and --

          Rachel Lee Gargiulo, Esq.
          Timothy J. Perla, Esq.
          WILMER CUTLER PICKERING HALE AND DORR
          60 State Street
          Boston, MA 02109
          Tel: (617)526-6000
          Fax: (617)526-5000
          Email: rachel.gargiulo@wilmerhale.com
                 timothy.perla@wilmerhale.com

Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley &
Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Deutsche Bank Securities Inc., Macquarie Capital (USA) Inc., MCS
Capital Markets LLC are represented by:

          Patrick David Robbins, Esq.
          Jonah Platt Ross, Esq.
          SHEARMAN AND STERLING LLP
          535 Mission Street, 25th Floor
          San Francisco, CA 94105-2997
          Tel: (415)616-1100
          Email: probbins@shearman.com                  
                 jonah.ross@shearman.com

            -- and --

          Adam S. Hakki, Esq.
          Daniel Craig Lewis, Esq.
          SHEARMAN AND STERLING LLP
          599 Lexington Avenue
          New York, NY 10022-6069
          Tel: (212)848-4000
          Email: ahakki@shearman.com
                 daniel.lewis@shearman.com

Alejandro Hernandez is represented by:

          Daniel H. Bookin, Esq.
          O'MELVENY & MYERS LLP
          Two Embarcadero Center, 28th Floor
          San Francisco, CA 94111
          Tel: (415)984-8700
          Email: dbookin@omm.com

            -- and --

          Jaime Allyson Bartlett, Esq.
          SIDLEY AUSTIN LLP
          555 California Street, Suite 2000
          San Francisco, CA 94104
          Tel: (415)772-1200
          Fax: (415)772-7400
          Email: jbartlett@sidley.com

                    About SunEdison, Inc.

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

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

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

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

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


SYDELL INC: Hires GGG Partners as Financial Consultants
-------------------------------------------------------
Sydell, Inc. dba Spa Sydell seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ GGG
Partners, LLC as financial consultants.

The Debtor requires GGG Partners to:

   (a) work with the Debtor to provide initial materials to
       commence this Case;

   (b) work with the Debtor to provide reporting to the Debtor;

   (c) put together a package of materials for potential buyers;

   (d) communicate with potential buyers and other stakeholders;

   (e) work with the Debtor and counsel to evaluate options;

   (f) work with the Debtor and counsel to seek approval of a
       sale; and

   (g) act generally as the Debtor's financial and sales advisor.

GGG Partners will be paid at these hourly rates:

       Managing Partner        $350
       Partner                 $325

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

Prior to the commencement of the Case, the Debtor paid GGG Partners
an advance retainer of $6,000, from which invoices for fees and
expenses will be deducted.

Katie S. Goodman, managing partner of GGG Partners, 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.

GGG Partners can be reached at:

       Katie S. Goodman
       GGG PARTNERS, LLC
       3155 Roswell Rd NE, Suite 120
       Atlanta, GA 30305
       Tel: (404) 256-0003 ext. 225
       E-mail: kgoodman@gggpartners.com

               About Sydell, Inc. d/b/a Spa Sydell

Sydell Inc. d/b/a Spa Sydell filed a chapter 11 petition (Bankr.
N.D. Ga. Case No. 09-83407) on September 3, 2009.  The petition was
signed by Reina Bermudez, authorized individual.  The Debtor is
represented by David G. Bisbee, Esq., at the Law Office of David G.
Bisbee.  The Debtor estimated assets and liabilities at $1,000,001
to $10,000,000 at the time of the filing.t McKool Smith P.C.


TALBOT ENTERPRISES: Needs Additional 31 Days to Complete Plan
-------------------------------------------------------------
Talbot Enterprises of Pine Bluff, Inc. asks the U.S. Bankruptcy
Court for the Eastern District of Arkansas to allow the Debtor an
additional 31 days to file its Chapter 11 Plan and Disclosure
Statement.

Pursuant to the Court's Order, the Debtor is required to file a
Chapter 11 Plan and Disclosure Statement by September 6, 2016,
however the Debtor still needs an extension of time to complete the
requisite plan and statement.

               About Talbot Enterprises of Pine Bluff, Inc.

Headquartered in White Hall, Arizona, Talbot Enterprises of Pine
Bluff, Inc., dba White Hall Store It All, filed a chapter 11
petition (Bankr. E.D. Ark. Case No. 15-11195) on March 13, 2015.
The petition was signed by Beau Talbot, president.

The case is assigned to Judge Richard D. Taylor.  The Debtor is
represented by J. Brad Moore, Esq., at Frederick S. Wetzel, III,
P.A.

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


TEXARKANA ARKANSAS: Hires Joyce Lindauer as Bankruptcy Counsel
--------------------------------------------------------------
Texarkana Arkansas Hospitality, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Arkansas to employ
Joyce W. Lindauer Attorney, PLLC, as counsel.

In order to effectuate a reorganization, propose a Plan of
Reorganization, and effectively move forward in its bankruptcy
proceeding, the Debtor asserts that it needs to hire the Firm as
counsel in this matter.  Joyce W. Lindauer, Esq., will be the lead
counsel for the Debtor.

The Debtor discloses that Ms. Lindauer has been paid a retainer of
$11,717, which included the filing fee of $1,717 in connection with
the bankruptcy proceeding.

The primary attorneys and paralegal within the Firm who will
represent the Debtor and their hourly rates are:

        Joyce W. Lindauer          $350
        Sarah Cox, Associate       $195
        Jamie Kirk, Associate      $195
        Dian Gwinnup, Paralegal    $105

The Debtor has agreed to reimburse Counsel for all reasonable
out-of-pocket expenses incurred on Debtor's behalf.

Ms. Lindauer, the owner of the Firm, assures the Court that she and
each member of the Firm is presently a disinterested person as
defined in Section 101(14) of the Bankruptcy Code.

The Firm can be reached at:

          Joyce W. Lindauer, Esq.
          Sarah Cox, Esq.
          Jamie Kirk, Esq.
          JOYCE W. LINDAUER ATTORNEY, PLLC
          12720 Hillcrest Road, Suite 625
          Dallas, TX 75230
          Telephone: (972) 503-4033
          Facsimile: (972) 503-4034
          E-mail: Sarah@joycelindauer.com
                  Jamie@joycelindauer.com

                    About Texarkana Arkansas

Texarkana Arkansas Hospitality, LLC, doing business as Comfort
Suites, filed Chapter 11 bankruptcy petition (Bankr. E.D. Ark. Case
No. 16-14556) on August 30, 2016. Sukhpal Singh, member, signed the
petition.  Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney,
PLLC, serves as the Debtors' counsel.

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



TIMOTHY BINKLEY: Secured Creditors to Be Paid in 3 Years Under Plan
-------------------------------------------------------------------
Timothy D. Binkley and Penny Lewis Binkley filed a first amended
and restated disclosure statement dated Sept. 6, 2016, a full-text
copy of which is available at
http://bankrupt.com/misc/14-11052-143.pdf

Under the First Amended Disclosure Statement, the Allowed Claim of
Pinnacle Bank, estimated at $23,702, will be amortized over a
three-year period with interest at the rate of 5.50% per annum and
monthly payments of principal and interest of $516.42.  On or
before the Effective Date, the Debtor will execute and deliver to
Pinnacle Bank a promissory note.  The principal amount of the note
will be equal to the Allowed Secured Claim of Pinnacle Bank, as
reduced by the postpetition adequate protection payments.  Pinnacle
Bank will retain its lien on the 2010 Ford F-150 truck after the
Confirmation Date.

The Allowed Claim of Sheffield Finance will be amortized over a
three-year period with interest at the rate of 3.5% per annum and
monthly payments of principal and interest of $124.66. On or before
the Effective Date, the Debtor will execute to Sheffield Finance a
promissory note.  The principal amount of the note will be equal to
the Allowed Claim of Sheffield Finance. Sheffield Finance will
retain its lien on the Dixon riding lawnmower after the
Confirmation Date.

Members of Class 3 consisting of the general unsecured claim of
Philip and Sarah Rainey, shall be disallowed and paid nothing under
the terms of the Plan.

                       About The Binkleys

Timothy D. Binkley and Penny Lewis Binkley sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Tenn. Case No.
15-04144) on June 17, 2015.  The case is assigned to Judge Randal
S. Mashburn.

The Debtors are represented by Joseph P. Rusnak, Esq., at Tune,
Entrekin & White, P.C., in Nashville, Tennessee.


TRIN POLYMERS: Has Final Authority to Use Cash Collateral
---------------------------------------------------------
Judge John T. Gregg of the U.S. Bankruptcy Court for the Western
District of Michigan authorized Trin Polymers LLC to use Cash
Collateral on a final basis.

The Debtor was authorized to use Cash Collateral in the ordinary
course of business for working capital and general operating
purposes, and for the payment of Professional Fees and other fees
and expenses, subject to the extent of the Carve Out.

The Prepetition Lenders were granted additional and replacement
continuing valid, binding, enforceable, non-avoidable, and
automatically perfected postpetition security interest in and liens
as adequate protection against any diminution in value on their
Collateral.

A full-text copy of the Final Cash Collateral Order, dated
September 1, 2016, is available at https://is.gd/d0fQDO


                            About Trin Polymers, LLC

Trin Polymers LLC, sought protection under Chapter 11 (Bankr. W.D.
Mich. Case No. 16-16-03615) on July 11, 2016.  The petition was
signed by Mike B. Mike III, managing member.

The Debtor is represented by Robert F. Wardrop, II, Esq., at
Wardrop & Wardrop, P.C. The case is assigned to Judge John T.
Gregg.

The Debtor estimated assets and liabilities of less than $10
million.


TRINITY RIVER: Court OKs Cash Collateral Use Until September 30
---------------------------------------------------------------
Judge Tony M. Davis of the U.S. Bankruptcy Court for the Western
District of Texas authorized Trinity River Resources, LP, to use
cash collateral on an interim basis, until September 30, 2016,
pursuant to the stipulation executed by the Debtor and GE Capital
EFS Financing, Inc.

The Debtor and GE Capital previously agreed to extend the Debtor's
use of cash collateral, which had expired on August 29, 2016.

The approved Budget which covers the weeks ending September 2 and
September 16, 2016, provides for total disbursements in the amounts
of $1,261 and $285, respectively.

A further hearing on Cash Collateral use is scheduled on September
26, 2016 at 9:30 a.m.

A full-text copy of the Interim Cash Collateral Order, dated
September 1, 2016, is available at http://tinyurl.com/zer8fts


                        About Trinity River Resources, LP.

Trinity River filed a Chapter 11 bankruptcy petition (Bankr. W.D.
Tex. Case No. 16-10472) on April 21, 2016.  The petition was signed
by Matthew J. Telfer as manager of Trinity River Resources, GP,
LLC.  The Debtor estimated assets in the range of $50 million to
$100 million and liabilities of up to $500 million.

The Debtor has hired Chelsea Rose Dal Corso, Esq. and William A.
(Trey) Wood III, Esq., at Bracewell LLP as counsel, Bridgepoint
Consulting, LLC, as financial advisor, and Scotiabank as investment
banker.

Judge Tony M. Davis is assigned to the case.


TRIPLE C FLATBED: 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 Triple C Flatbed Holdings, LLC.

Triple C Flatbed Holdings, LLC sought protection under Chapter 11
of the Bankruptcy Code in the Northern District of Georgia
(Atlanta) (Case No. 16-58984) on May 24, 2016. The petition was
signed by Terry Comer, managing member.

The Debtor disclosed total assets of $2.28 million and total debts
of $2.72 million.


UNITED MOBILE: Court Allows Cash Use on Final Basis Through Nov. 17
-------------------------------------------------------------------
Judge Barbara Ellis-Monro of the U.S. Bankruptcy Court for the
District of Georgia authorized United Mobile Solutions, LLC to use
Cash Collateral until November 17, 2016.

The Court granted T-Mobile USA, Inc., Metropcs Georgia, LLC,
Metropcs Texas, LLC, JP Morgan Chase Bank, NA, NowAccount Network
Crop., Curve Commercial Services, LLC, Procurepal, LLC, and PowerUp
Lending Group, LLC with Replacement Liens as security against any
diminution in value of any prepetition collateral in which they
hold a valid, enforceable and perfected security or consignment
interest resulting from the imposition of the automatic stay or the
Debtor’s use of Cash Collateral.

The Court approved a 3-month budget covering the months of
September, October, and November, projecting monthly expenses of
$595,171, $635,291, and $663,386, respectively.

A full-text copy of the Final Cash Collateral Order, dated
September 4, 2016, is available at http://tinyurl.com/hqyzl6z


                                About United Mobile

United Mobile Solutions, LLC, filed a chapter 11 petition (Bankr.
N.D. Ga. Case No. 16-62537) on July 20, 2016.  The petition was
signed by Kil Won Lee, president.  

The Debtor is a carrier master dealer that operates and manages
approximately 20 retail cellular phone stores.  The Debtor's
corporate offices are located in Norcross, Georgia.

The Debtor is represented by Cameron M. McCord, Esq., at Jones &
Walden, LLC.  The Debtor estimated its assets at $0 to $50,000 and
its liabilities at $1 million to $10 million at the time of the
filing.


UNREIN & COMPANY: Can File Plan and Disclosure Until Nov. 7
-----------------------------------------------------------
The Hon. Dale L. Somers  of the U.S. Bankruptcy Court District of
Kansas extended, at the behest of Unrein & Company, Inc. and its
affiliated debtors, the Debtors' exclusive period to file a plan up
to and including November 7, 2016.

The Troubled Company Reporter on Sept. 8, 2016, reported that the
Debtors sought for a 2-month extension of their exclusive periods
from the Court, contending that they are still making progress on a
business deal with a main unsecured creditor Midas.

                              About Unrein & Company

Unrein & Company, Inc. and its four affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Kan. Lead Case
No. 16-20399) on March 11, 2016.  The petition was signed by Eric
Unrein, owner and president.  The Debtors' counsel is Jeffrey A.
Deines, Esq. at Lentz Clark Deines PA.

Honorable Dale L. Somers presides over the case.

At the time of the filing, Unrein & Company, Inc. estimated its
assets and debts at $500,000 to $1 million.


VAPOR CORP: Warrant Obligations Raises Going Concern Doubt
----------------------------------------------------------
Vapor Corp. filed its quarterly report on Form 10-Q, disclosing a
net loss of $1.19 million on $3.46 million of total sales for the
three months ended June 30, 2016, compared with a net loss of $3.02
million on $3.01 million of total sales for the same period in
2015.

The Company's balance sheet at June 30, 2016, showed $23.89 million
in total assets, $49.55 million in total liabilities, and a
stockholders' deficit of $25.66 million.

The Company reported a net loss of approximately $17.4 million for
the six months ended June 30, 2016, and had negative working
capital of approximately $31 million as of June 30, 2016.  The
Company also expects to continue incurring losses before the impact
of changes in fair value of derivatives for the foreseeable future
and may need to raise additional capital to satisfy warrant
obligations and to continue as a going concern.  

On May 2, 2016, the OTCBQB staff notified the Company that, based
upon its non-compliance with the minimum $0.01 bid price
requirement for the prior 30 consecutive business days, the Company
– in accordance with the OTCQB Standards – has been provided a
grace period, through October 31, 2016, to regain compliance with
the minimum bid price requirement.  If the Company's common stock
bid price does not close at or above $0.01 for a period of ten
consecutive trading days by October 31, 2016, the Company will be
moved to the OTC Pink marketplace.  If a delisting from OTCQB took
place, the Company would no longer meet the "Equity Conditions"
required to issue Company common stock to fulfill a cashless
exercise pursuant to Section 1(d) of its Series A Warrants.  If the
Company fails to meet certain conditions set forth in the Series A
Warrants, the Company may be required to elect to make cash
payments to satisfy its obligations pursuant to the Series A
Warrants.  The Company cannot predict if it will have sufficient
cash resources to satisfy its obligations to the holders of Series
A Warrants.  If all of the warrants were exercised simultaneously
at stock price lower than $0.0001, then the Company would not have
sufficient authorized common stock to satisfy all the warrant
exercises and it may be required to use cash to pay warrant
holders.  Since the Company cannot predict the future stock price
and when the warrant holders will exercise warrants and sell the
underlying common shares, management cannot predict if the Company
will have sufficient cash resources to satisfy its obligation to
the current warrant holders.  Accordingly, the Company have
concluded that the material uncertainty related to the exercise of
the Series A Warrants and the sufficiency of cash reserves to
satisfy obligations raises substantial doubt about the Company's
ability to continue as a going concern.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/36O3vm

Dania Beach, Florida-based Vapor Corp. is a distributor and
retailer of vaporizers, e-liquids and electronic cigarettes,
operating 19 stores in the U.S.  The Company also designs, markets,
and distribute vaporizers, e-liquids, electronic cigarettes, and
accessories under the Vapor X(R), Hookah Stix(R), Vaporin(TM), and
Krave(R) brands.


VERSUM MATERIALS: S&P Assigns 'BB' CCR, Outlook Stable
------------------------------------------------------
S&P Global Ratings assigned its 'BB' corporate credit rating to
Versum Materials Inc.  The outlook is stable.

At the same time, based on preliminary terms and conditions, S&P
assigned its 'BB+' issue-level and '2' recovery ratings to Versum's
proposed $775 million senior secured credit facilities, consisting
of a $200 million revolving credit facility and a $575 million term
loan B.  The '2' recovery rating indicates S&P's expectation of
substantial (upper half of the 70% to 90% range) recovery in the
event of a payment default.  S&P also assigned its 'BB-'
issue-level and '5' recovery ratings to the proposed $425 million
senior unsecured notes.  The '5' recovery rating indicates S&P's
expectation for modest (upper half of the 10% to 30% range)
recovery in the event of a payment default.

"The ratings on Versum reflect our assessments of the company's
business risk profile as fair and financial risk profile as
significant," said S&P Global Ratings credit analyst Brian Garcia.


Versum maintains solid market positions in the niche markets it
serves.  S&P believes the company should benefit from growth in
demand for semiconductors, driven by demand for increased data and
smartphone usage.  As a result, S&P expects the company's EBITDA to
gradually increase over the next one to two years.  Given S&P's
expectations for modestly improving earnings and prudent debt
leverage to fund growth initiatives, S&P expects weighted-average
funds from operations (FFO) to debt to remain in the 20% to 30%
range.

The stable outlook reflects S&P's belief that Versum's EBITDA will
gradually increase, driven by growth in its higher-margin materials
segment.  S&P believes the company should benefit from growth in
demand for semiconductors, driven by demand for increased data and
smartphone usage.  Gradually increasing fiscal 2017 EBITDA should
result in modestly improving credit measures, including weighted
average FFO to debt between 20% and 30%, pro forma for
acquisitions.  S&P also expects management to show prudence in
funding growth and shareholder rewards.

S&P could lower the ratings within the next 12 months if
lower-than-expected demand in the semiconductor industry or the
loss of a key customer resulted in lower-than-expected EBITDA and
credit measures.  S&P could also lower the ratings if the company
experiences issues in operating as a stand-alone company or if the
transition is more costly than currently expected.  S&P's downside
scenario could result if EBITDA margins were at least 200 basis
points (bps) lower than S&P currently projects in its base-case
scenario, combined with minimal revenue growth. In this scenario,
S&P would expect weighted-average FFO to debt to decline below 20%
(pro forma for acquisitions) without near-term prospects for
improvement.  S&P could also lower the ratings if, against its
expectations, cash outlays or financial policy decisions stretch
the company's financial profile beyond a level appropriate for the
current ratings.

Although S&P views an upgrade as unlikely over the next 12 months,
it could raise the ratings if growth in the company's materials
segment is stronger than S&P currently projects, combined with
significantly stronger EBITDA margins than S&P currently projects
in its base case scenario.  This could result if EBITDA margins are
500 bps higher than S&P's fiscal 2017 projections, combined with
double-digit-revenue growth, as a result of greater demand in the
semiconductor industry, as well as greater-than-expected cost
reductions.  In this scenario, S&P would expect weighted-average
FFO to debt increasing to above 30% on a sustainable basis, pro
forma for acquisitions.  This could also result if the company is
able to generate significantly more free cash flow than S&P
currently expects and uses it for debt reduction, resulting in
strengthening credit measures.


W&T OFFSHORE: S&P Cuts CCR to 'SD' on Distressed Exchange
---------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
U.S.-based oil and gas exploration and production (E&P) company W&T
Offshore Inc. to 'SD' from 'CC'.  At the same time, S&P lowered the
ratings on the company's 8.5% senior notes due 2019 to 'D' from
'CC'.  S&P revised the recovery rating on this debt to '6 from '5',
reflecting its expectation of negligible (0% to 10%) recovery to
creditors in the event of a payment default.  S&P also raised the
rating on the 9% second-lien senior notes due 2020 to 'CCC' from
'CC' because they were not involved in the exchange.  S&P revised
the recovery rating on this debt to '3' from '1', reflecting its
expectation of meaningful (50% to 70%, higher end of the range)
recovery to creditors in the event of a payment default.

"At the same time, we assigned a 'B-' issue-level rating to the
company's new 1.5 lien notes due 2019 with a recovery rating of
'1', reflecting our expectation of very high (90% to 100%) recovery
to creditors in the event of a payment default; a 'CCC' issue-level
rating to its new second-lien notes due 2020 with a recovery rating
of '3' reflecting our expectation of meaningful (50% to 70%, higher
end of the range) recovery to creditors in the event of a payment
default; and a 'CC' issue-level rating to its new third-lien notes
due 2021 with a recovery rating of '6', reflecting our expectation
of negligible (0% to 10%) recovery to creditors in the event of a
payment default," S&P said.

"The rating action reflects our assessment that W&T Offshore's
exchange on its 8.5% senior unsecured notes due 2019 was a
distressed exchange based on the holders receiving less than par
value, and our view that the company faced a realistic possibility
of conventional default prior to the exchange," said S&P Global
Ratings credit analyst Kevin Kwok.

In May 2016, W&T Offshore Inc. began discussions regarding a
potential exchange transaction involving its 8.5% senior unsecured
notes due 2019 and its 9% second-lien secured notes due 2020.  On
Sept. 1, 2016, the company agreed to exchange approximately $710.2
million of the $900 million 8.5% senior unsecured notes for 60.4
million shares of its common stock, $159.8 million in new 9%/10.75%
senior second-lien PIK toggle notes due 2020 and $142 million in
new 8.5%/10% senior third-lien PIK toggle notes due 2021, which
amounts to less than 60% of par based on the closing share price of
$1.66.  The new notes were issued on Sept. 7, 2016.  The original
9% second-lien secured notes were unaffected as no agreement was
settled upon during the discussions.  At the same time, the company
also announced a new $75 million 1.5-lien term loan to repay
portions of outstanding borrowings under the credit facility ($148
million as of June 30, 2016) and to pay expenses related to the
exchange offer.

S&P expects to reassess the corporate credit rating in the next few
days, and at this time expect to raise the rating to 'CCC' from
'SD'.  S&P also expects to raise the 'D' ratings on the notes
involved in the tender because it does not expect any further
distressed transactions on those notes.  S&P's analysis will
incorporate the challenging operating environment for oil and gas
companies at current commodity prices and W&T Offshore's new
capital structure and S&P's assessment of its liquidity.


WALTER ENERGY: Court Approves Sale of Canadian Assets to Conuma
---------------------------------------------------------------
Walter Energy Canada Holdings, Inc., on Sept. 9, 2016, disclosed
that the court approved sale of its Canadian assets to Conuma Coal
Resources Limited ("Conuma"), a member of the ERP Group of
Companies, has closed.  Conuma intends to resume mining operations
at the Brule Mine in the near future and may resume other mining
operations in the area in 2017.

Walter Energy Canada and certain of its affiliates and partnerships
obtained creditor protection under the Companies' Creditors
Arrangement Act (Canada) (the "CCAA") pursuant to an Initial Order
granted on December 7, 2015.  The sale of the Company's assets was
approved by order of the Supreme Court of British Columbia,
pronounced on August 16, 2016.  The sale represents the successful
conclusion of the Canadian assets sale of Walter Energy Canada's
sale and investment solicitation process, commenced in January of
this year.

Walter Energy Canada intends to pursue a transaction for its
interests in the Walter United Kingdom assets.  The Walter United
Kingdom entities are not subject to creditor protection.  Walter
Energy Canada is a holding company for the Canadian and UK
operations of Walter Energy, Inc. of Birmingham, Alabama.  Walter
Energy Canada and Walter United Kingdom were not part of the U.S.
chapter 11 filing of Walter Energy, Inc. on July 15, 2015 and were
not included in the asset purchase agreement that Walter Energy,
Inc. entered into on November 5, 2015.

                       About Walter Energy

Walter Energy, Inc. -- http://www.walterenergy.com/-- is a
metallurgical coal producer for the global steel industry with
strategic access to steel producers in Europe, Asia and South
America.  The Company also produces thermal coal, anthracite,
metallurgical coke and coal bed methane gas, with operations in the
United States, Canada and the United Kingdom.

For the year ended Dec. 31, 2014, the Company reported a net loss
of $471 million following a net loss of $359 million in 2013.   

Walter Energy and its affiliates sought Chapter 11 protection
(Bankr. N.D. Ala. Lead Case No. 15-02741) in Birmingham, Alabama on
July 15, 2015, after signing a restructuring support agreement with
first-lien lenders.

Walter Energy disclosed total assets of $5.2 billion and total debt
of $5 billion as of March 31, 2015.

The Debtors tapped Paul, Weiss, Rifkind, Wharton & Garrison as
counsel; Bradley Arant Boult Cummings LLP, as co-counsel; Ogletree
Deakins LLP, as labor and employment counsel; Maynard, Cooper &
Gale, P.C., as special counsel; PJT Partners LP serves as
investment banker, replacing Blackstone Advisory Services, L.P.;
AlixPartners, LLP, as financial advisor, and Kurtzman Carson
Consultants LLC, as claims and noticing agent.

The Bankruptcy Administrator for the Northern District of Alabama
appointed an Official Committee of Unsecured Creditors and an
Official Committee of Retirees.  The Creditors Committee tapped
Morrison & Foerster LLP and Christian & Small LLP as attorneys.
The Retiree Committee retained Adams & Reese LLP and Jenner & Block
LLP as attorneys.

The informal group of certain unaffiliated First Lien Lenders and
First Lien Noteholders -- Steering Committee -- retained Akin,
Gump, Strauss, Hauer and Feld LLP as legal advisor, and Lazard
Freres & Co. LLC as financial advisor.


WILLOW CREEK: Court Recommends Striking Herman's Answer
-------------------------------------------------------
In the case captioned RANDALL BRUCE BARLOW, Plaintiff, v. DONALD S.
HERMAN, et al., Defendants, Case No. 2:13-cv-00033-JAD-CWH (D.
Nev.), Judge C.W. Hoffman, Jr., of the United States District Court
for the District of Nevada recommended that defendants Donald
Herman, Herman Family Trust, Willow Creek at San Martin Assisted
Living, LLC, Willow Creek Buffalo Assisted Living, LLC, Willow
Creek Buffalo, LLC, Willow Creek Memory Care West, LLC, and Silver
Care, LLC's answer and counterclaim be stricken.

The case arises out of a dispute regarding an employment contract
between Randall Bruce Barlow and the defendants.  Barlow filed a
complaint alleging claims for breach of contract and breach of the
covenant of good faith and fair dealing against the defendants.
The defendants filed an answer and counterclaims for declaratory
relief, fraud in the inducement, and fraudulent misrepresentation
against Barlow.

The defendants, however, exhibited an ongoing unwillingness to
participate in discovery in good faith, Judge Hoffman pointed out,
thus recommending that the defendants' answer and counterclaim be
stricken as a sanction for the defendants' refusal to respond to
written discovery and to comply with the court's orders.  The court
further ordered that the stay in the case be lifted to allow Barlow
to move for default judgment or take any other action that Barlow
deems appropriate in light of the district judge's disposition of
the report and recommendation.

A full-text copy of Judge Hoffman's August 2, 2016 report and
recommendation is available at https://is.gd/aznHbV from
Leagle.com.

Randall Bruce Barlow is represented by:

          Michael N. Feder, Esq.
          DICKINSON WRIGHT PLLC
          8363 West Sunset Road, Suite 200
          Las Vegas, NV 89113
          Tel: (702)550-4400
          Fax: (844)670-6009
          Email: mfeder@dickinson-wright.com

Donald Herman, Herman Family Trust, Willow Creek at San Martin
Assisted Living, LLC, Willow Creek San Martin Building, LLC, Willow
Creek Buffalo Assisted Living, LLC, Willow Creek Buffalo, LLC,
Willow Creek Memory Care West, LLC, Silver Care, LLC are
represented by:

          Andras F. Babero, Esq.
          Las Vegas, NV 89135
          Tel: (702)869-8801

                About Willow Creek San Building LLC

Willow Creek San Martin Building LLC sought Chapter 11 bankruptcy
protection (Bankr. D. Nev. Case No. 14-10041) in Las Vegas, on
Jan. 5, 2014.  The Debtor, a Single Asset Real Estate as defined
in 11 U.S.C. Sec. 101(51B), disclosed $40,674,094 in assets and
$32,988,437 in liabilities as of the Chapter 11 filing.

The case is assigned to Judge Laurel E. Davis.  The Debtor is
represented by Ogonna M. Atamoh, Esq., and James D. Boyle, Esq.,
at Cotton, Driggs, Walch, Holley, Woloson & Thompson, in Las
Vegas, Nevada.


WOO LI: Plan Has Conditional OK; Oct. 4 Confirmation Hearing Set
----------------------------------------------------------------
U.S. Bankruptcy Court Judge Paul W. Bonapfel entered an order
conditionally approving the disclosure statement explaining the
Chapter 11 plan of Woo Li, Inc.  The Debtor filed a chapter 11 plan
and disclosure statement on Aug. 29, 2016.

According to the Court's Order, Sept. 27, 2016, is fixed as the
last day for filing written acceptances or rejections of the
chapter 11 plan.  Sept. 27 is also fixed as the last day for filing
and serving written objections to the disclosure statement and
confirmation of the plan.

The Court will hold a hearing on final approval of the disclosure
statement and confirmation of the plan on Oct. 4, 2016, at 10:00
a.m., in Courtroom 1401, U.S. Courthouse, 75 Ted Turner Drive, SW,
Atlanta, Georgia.

                       About Woo Li, Inc.

Woo Li, Inc. filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Ga. Case No. 16-58865) on May 21, 2016.  The petition was
signed by Taeuk Kang, president.  Cameron M. McCord, Esq., at Jones
& Walden, LLC, represents the Debtor.

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

Mathew A. Schuh -- mschuh@kkgpc.com and ccooper@kkgpc.com --
represents creditor Metro City Bank.


WTB 5 ENTERPRISES: Hearing on Disclosures Set For Oct. 4
--------------------------------------------------------
The Hon. Daniel P. Collins of the U.S. Bankruptcy Court for the
District of Arizona has scheduled for Oct. 4, 2016, at 11:00 a.m.
the hearing to consider the approval of the disclosure statement
filed by WTB 5 Enterprises, LLC.

As reported by the Troubled Company Reporter on Sept. 1, 2016, the
Debtor filed its proposed plan to exit Chapter 11 protection.
Under the restructuring plan, Class 4 general unsecured creditors
will be paid an amount equal to one and one-half (1.5) times the
full amount of their claims.

The last day for filing objections to the Disclosure Statement is
Sept. 27, 2016.

Creditors whose claims are not listed or whose claims are listed as
disputed, contingent, or unliquidated as to amount and who desire
to participate in the case or share in any distribution must file
their proof of claim by Oct. 3, 2016, which date is fixed as the
last day for filing a proof of claim.

                     About Wtb 5 Enterprises

Wtb 5 Enterprises, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-04074) on April 15,
2016.  The petition was filed pro se.


[*] Oil Bankruptcies Leave Lenders w/ "Catastrophic" Recovery Rate
------------------------------------------------------------------
Rebecca Penty, writing for The Wall Street Journal Pro Bankruptcy,
citing Moody's Investors Service reported that U.S. oil
bankruptcies haven't been this "catastrophic" for lenders in a long
time, in what may be the worst bust of any industry this century.

According to the report, citing the credit-rating agency, creditors
are recovering an average 21 percent of what they lent, compared
with about 59 percent in past decades.  The credit-rating agency
said in a report that looks into lending to 15 exploration and
production companies that filed for bankruptcy protection in 2015,
the report related.  That may be on par with, or worse than, the
telecommunications industry collapse in 2001 and 2002, the report
further related, citing the study led by David Keisman.  High-yield
bonds recovered a mere 6 percent, compared to 30 percent in
previous years going back to 1987, the report added.

Defaults in the oil and natural gas industry have been rising
through a market slump that has exceeded two years as companies
lacked the cash to make interest payments on their debt, Bloomberg
said.  Bankruptcies among U.S. producers so far this year are about
twice the number among companies rated by Moody's in all of 2015,
the Moody's report added.  The oil and gas figures have helped
propel U.S. corporate defaults to the highest since 2009, the
report said.


                            *********

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.

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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.

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