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         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 21, 2016, Vol. 20, No. 264

                            Headlines

A&A WHEELER: Seeks Authorization to Use Cash Collateral
A-FRAME AWARDS: Disclosures Get Preliminary OK; Hearing on Oct. 5
ACB RECEIVABLES: Wants Authorization to Use Cash Collateral
ACE TRACK: USCO's Bid for Sec. 1522 Protection Partly Granted
AFFINITY HEALTHCARE: Can Sell Provider Accounts to RMS, Use Cash

AMN HEALTHCARE: Moody's Assigns Ba2 CFR, Outlook Stable
ANGELO PERRY THROWER: Court Sets Disclosure Hearing for Oct. 26
ARICENT TECHNOLOGIES: S&P Lowers CCR to 'B-', Outlook Negative
AVANTOR PERFORMANCE: Moody's Affirms B1 CFR, Outlook Stable
AVNET INC: Moody's Puts Ba1 Rating on Review for Downgrade

BASIC ENERGY: Enters Into Forbearance Agreement, Obtains Waivers
BATTALION RESOURCES: Can Use Cash Collateral Until October 6
BENZIE LEASING: Court Allows Use of Honor Bank Cash Collateral
BORIS PINTAR: Oct. 4 Hearing to Approve Disclosure Statement
C & D PRODUCE: Wants to Use Cash Collateral Up to Dec. 22

C&J ENERGY: Ch. 11 Plan Proposes Unknown Recovery to Unsecureds
CAMP-RIGBY ROOFING: Hires Henderson as Tax and Corporate Counsel
CAMPBELL GRAPHICS: Recovery for Unsecured Creditors Unknown
CAREDX INC: Has to Reduce Costs to Continue as a Going Concern
CARLMAC-MCKINNONS: Seeks Plan Filing Extension Through Jan. 2017

CCH JOHN EAGAN: Hires Meridian Advisors as Appraiser
CCH JOHN EAGAN: Wants Solicitation Period Moved Thru Confirmation
CHESAPEAKE ENERGY: S&P Lowers CCR to 'SD' on Early Settlement
CHS/COMMUNITY HEALTH: Moody's Affirms B2 CFR, Outlook Developing
CITIES GRILL: Court Allows Cash Collateral Use Until Sept. 22

CJ HOLDING: Creditors' Panel Hires Greenberg Traurig as Counsel
CLAIRE'S STORES: Gets Waiver Amid Advanced Talks on Debt Swap
CLAIRE'S STORES: Opts to Delay Interest Payments on Debt
COLLAVINO CONSTRUCTION: CCCI Unsecureds To Recoup 55%-70% in Plan
COMMUNITY CARE: Moody's Assigns B2 CFR; Outlook Stable

CONFIE SEGUROS: Moody's Affirms B3 CFR; Outlook Stable
CONFIE SEGUROS: S&P Affirms 'B' Counterparty Credit Rating
CRAIG'S GUNS: Has Until Nov. 16 to File Plan of Reorganization
CRYSTAL ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
CS MINING: Creditors' Panel Hires Cohne Kinghorn as Local Counsel

DAVID'S BRIDAL: Moody's Affirms Caa1 CFR; Outlook Stable
DAWN CLUNIE: Proposes 9.5% Distribution to Unsecured Creditors
DEBORAH A. WHITE: To Pay Student Loan, Unsecured Claims in Full
DENNIS EDWARDS: Unsecureds To Get Less Than 1% Under Plan
DENNIS MEYER DANZIK: Files Plan of Reorganization

DJ HOLDINGS: Voluntary Chapter 11 Case Summary
DOLPHIN DIGITAL: Lacks Adequate Capital to Fund Obligations
DRYSDALE VILLAGE: Unsecureds To Be Paid in Full Under Plan
EASTERN FUNDING: Hires Ehrhard & Associates as Counsel
EDOUARD RENE JOSEPH: Unsecureds To Recoup 2.59% Under Plan

ELDORADO RESORTS: Moody's Puts B2 CFR on Review for Upgrade
EMR ELECTRIC: Wants FIFC Premium Finance Agreement Approval
ENDEAVOR ENERGY: Moody's Raises CFR to Caa1, Outlook Stable
ENDLESS POSSIBILITIES: Disclosures Conditionally Okayed
ENERGY FUTURE: NextEra Raises Bid's Cash Component to $4.4-Bil.

ESSAR STEEL: Hogan McDaniel & Kasowitz Benson Representing Panel
EUROMODAS INC: Oct. 12 Joint Plan & Disclosures Approval Hearing
FAIRCHILD SEMICONDUCTOR: S&P Lowers CCR to 'BB', Outlook Stable
FANNIE MAE & FREDDIE MAC: Government Loses Battle to Hide Docs
FDO HOLDINGS: S&P Assigns 'B' CCR & Rates $300MM Term Loan 'B'

FLOYD INDUSTRIES: Case Summary & 18 Largest Unsecured Creditors
FRANK MOULTRIE: Bankruptcy Administrator Objects to Disclosures OK
GAMESBOUTIKE INC: Hires Ross Amsel as Special Criminal Counsel
GAS CONSULTANTS: Hires Roher as Attorney
GENERAL MOTORS: Reaches Tentative Deal with Canadian Union

GENERAL MOTORS: Union Head Says Canadian Workers Will Strike
GLOBAL GEOPHYSICAL: Wins Chapter 11 Plan Confirmation
GOLF TOWN CANADA: Can Restructure Under CCAA; FTI Named as Monitor
GRAYN COMPANY: Wants to Use Cash Collateral of BOW, BOC
GRAYSON COUNTY HOME: Oct. 12 Plan & Disclosures Hearing

HANJIN SHIPPING: Vessels To Be Returned to Owners, Judge Says
HARBORTOUCH PAYMENTS: Moody's Assigns B2 CFR, Outlook Stable
HESS COMMERCIAL: PA DOR Objects to Disclosure Statement, Plan
HESS CORPORATION: Moody's Rates Proposed $1.5BB Sr. Notes Ba1
HHH CHOICES: Has Sufficient Funds Until End of Oct., PCO Says

HILLSIDE OFFICE: Wants Exclusive Filing Period Extended to Dec. 13
HORSHAM VALLEY: Hires Long & Foster as Listing Agent
HOSPITAL AUDIENCES: Wants Plan Filing Period Moved to January 2017
IAMGOLD CORP: S&P Revises Outlook to Positive & Affirms 'B' CCR
ICMFG & ASSOCIATES: Names Cheri Surface as Accountant

IE TEST: October 13 Disclosure Statement Hearing
IMPLANT SCIENCES: Gets New Delivery Order for Explosive Detectors
IRWIN MORTGAGE: Plan Trustee Seeks Approval of Final Distribution
ISAAC PERRY: Indiana Judge Approves Disclosure Statement
ITT EDUCATIONAL: Lender Demands Payment of $34.5 Million Loan

J.J. BAKER: Hires Checkett & Pauly as Attorney
JEANETTE GUTIERREZ: Unsecureds To Be Paid in Full Under Plan
JO-ANN STORES: Moody's Assigns B1 Rating on $850MM Term Loan
JO-ANN STORES: S&P Assigns 'B' Rating on $850MM 1st Lien Term Loan
JOSE LUIS CRESPO: Hearing on Disclosures Set For Oct. 7

JOSEPH HARTLEY: Selling Cabo San Lucas Property to Relative
KAIROS DEVELOPMENT: Plan Confirmation Hearing on Oct. 19
KALPANA J PATEL: Court Schedules Confirmation Hearing on Nov. 10
KEETON HEALTHCARE: Proposes Full-Payment Plan
KENNETH DRINKARD: Disclosures Get Preliminary OK; Oct. 18 Hearing

KLEEN LAUNDRY: Unsecured Creditors to Get $100K Under Ch. 11 Plan
LANDESK: $20MM Shift to 1st Lien Loan No Impact on Moody's B2 CFR
LANDSLIDE HOLDINGS: S&P Lowers Rating on Revolving Facility to 'B'
LAS VEGAS JOHN: Community Bank's Bid to Prohibit Cash Use Denied
LEJ PROPERTIES: Unsecureds To Recoup 100% Under Plan

LEN-TRAN INC: Asks Court to Extend Plan Filing Period to Oct. 10
LESLIE JOE WENNINGER: Court Okays Disclosures, Confirms Plan
LIDA BAUCAGE PEREZ: Unsecureds to Get 10% Under Ch. 11 Plan
LIME ENERGY: Board Proposes Recapitalization Transactions
LISA DI DIANA: Disclosures OK'd; Amended Plan Confirmed

LIVINGSTON INTERNATIONAL: S&P Affirms 'B' CCR; Outlook Stable
MAGNOLIA LANE: Incurs $42,000 Net Loss in July 31 Quarter
MATHIOPOULOS 3M: Seeks to Extend Cash Collateral Use Until Nov. 30
MED-X TRANS: Disclosures OK'd; Plan Confirmation Hearing on Dec. 6
MEDIANEWS GROUP: Renews Opposition to Sale of Monster to Randstad

MERCHANTS BANKCARD: Cash Collateral Use Hearing Set on Oct. 14
METHANEX CORP: S&P Lowers CCR to 'BB+', Outlook Negative
METROPOLITAN STEEL: Court Sets September 26 Bid Deadline
MICHAEL D. COHEN: Can Use Cash Collateral on Interim Basis
MIDWAY UNITED: Chapter 15 Case Summary

MIDWAY UNITED: Seeks U.S. Recognition of BVI Proceeding
MIMM CONDOMINIUM: AFP 103 Wants to Prohibit Cash Collateral Use
MISONIX INC: Gets Nasdaq Deficiency Letter on Delayed 10-K Filing
MOHEGAN TRIBAL: S&P Puts 'B-' ICR on CreditWatch Positive
MOSAIC MANAGEMENT: Motions to Prohibit Cash Use Deemed Moot

MOSES INC: Hires Osborn Maledon as Conflicts Counsel
MOSES INC: Hires Stinson Leonard as Counsel
MOTHERS FOOD: Unsecured Creditors Will Be Paid 100% Under Plan
MULTI PACKAGING SOLUTIONS: S&P Raises CCR to 'B+'; Outlook Stable
NAKED BRAND: Incurs $3.3 Million Net Loss in Second Quarter

NATIONAL EMERGENCY: Ch 11 Trustee Hires Wilke Fleury as Counsel
NET DATA: Given Until Oct. 24 to Solicit Plan Votes
NL ABROLAT: Court Extends Plan Filing Date to Oct. 3
NOBLE ENVI: Doesn't Expect Minority Shareholders to Resist Ch. 11
NORTHWEST PEDIATRIC: Plan Exclusivity Period Extended to Jan. 2017

NOVABAY PHARMACEUTICALS: Jian Fu Reports 32.3% Stake
OAK CREEK: Court Extends Exclusive Period to File Plan
OMINTO INC: Inks Exchange Agreement with Quant Systems
ON SEMICONDUCTOR: S&P Lowers CCR to 'BB', Off Watch Negative
PAR TWO INVESTORS: Case Summary & 16 Unsecured Creditors

PARADIGM EVERGREEN: Plan Filing Period Extended Until Sept. 27
PARK OVERLOOK: NY Judge Okays S. LaMonica as Ch. 11 Trustee
PAROLE BESTGATE: Can File Chapter 11 Plan Until Nov. 24
PASO GAS: Hires Rivera-Velez & Santiago as Counsel
PAVEL SAVENOK: Files Third Amended Disclosure Statement

PETROMAROC CORP: May Default on Debentures, Evaluates Alternatives
PETROQUEST ENERGY: Announces Results of Exchange Offers
PIZZERIA CINY: Taps Heath Industrial as Auctioneer
PRIMORSK SHIPPING: Judge Approves Ch. 11 Liquidation Plan
QVL PHARMACY: Unsecureds To Get Paid $113K Under Ch. 11 Plan

REGENT UNIVERSITY: S&P Lowers Rating on Revenue Bonds to 'BB+'
REGIS GALERIE: Has Until Oct. 6 to Use Cash Collateral
REVOLUTION ALUMINUM: Involuntary Chapter 11 Case Summary
RINCON ISLAND: Court OKs $535K Interim DIP Loan, Cash Use
ROBERT CRIMI: Plan Confirmation Hearing Set for Oct. 20

RONALD H. COHEN: Hearing on Amended Plan Outline on Oct. 24
RONALD MASSIE: Court Denies Approval of Disclosure Statement
ROYAL FLUSH: Case Summary & 20 Largest Unsecured Creditors
ROYALTY PARTNERS: Unsecureds To Get Full Payment Under Plan
RP CROWN: Moody's Assigns Caa1 Rating on $400MM Sr. Notes

RP CROWN: S&P Assigns 'CCC+' Rating on 8-Yr. $400MM Unsec. Notes
S & H OF WEST: Unsecured Creditors Will Get 8% Under Plan
S TRUETT HEARN: Disclosure Approval Hearing Set for Oct. 18
SA INTER INVEST: Court Extends Solicitation Period Until Nov. 10
SABBATICAL INC: Peoples Bank Seeks Appointment of Ch. 11 Trustee

SABINE PASS: Moody's Assigns Ba2 Rating on $1BB Sr. Sec. Notes
SAEXPLORATION HOLDINGS: Amends 3.1M Shares Resale Prospectus
SAMSON RESOURCES: Court Expunges Ness Claims
SAN JUAN OIL: Nov. 18 Disclosure Statement Hearing Set
SANDIA TOBACCO: Case Summary & 20 Largest Unsecured Creditors

SECURED ASSETS: Case Summary & 16 Unsecured Creditors
SIDNEY TRANSPORTATION: Wants to Use Cash Collateral on Final Basis
SNAP INTERACTIVE: Enters Into Merger Agreement With Paltalk
SNUG HARBOR: Asks Court to Move Plan Filing Period to December 7
ST. LUKE BAPTIST: Selling Long Beach Property for $350K

STELLAR BIOTECHNOLOGIES: Registers 1.26M Common Shares for Resale
STEPHEN HO LEE: Unsecureds to Get Full Payment Under Plan
STETSON RIDGE: Case Summary & 6 Unsecured Creditors
STEVE MURPHY: Plan Confirmation Hearing Set for Oct. 19
STONE PANELS: U.S. Trustee Adds Brick-Works UK to Committee

STORM CAT ENERGY: Wants to Use Cash Collateral Until Nov. 30
SUGARMAN'S PLAZA: Taps CPG Interactive as Email Marketer
SUNEDISON INC: Yieldcos Exploring Strategic Options, Including Sale
TAKATA CORP: Bidders Said to Mull Bankruptcy Option
TERRY WILLIAMS: Disclosure Statement Hearing on Oct. 27

TESLA MOTORS: A 'Walking Insolvency' if Merged With SolarCity
TIDEWATER INC: Gets Extension on Covenant Waivers Until Oct. 21
TOBITHA BRYANT: Hearing on Plan Outline Set For Oct. 12
TOWERSTREAM CORP: Ex-Cogent CRO to Assume Consulting Role
TPP ACQUISITION: Court OKs $2.75 Mil. Interim DIP Loan, Cash Use

TRAFALGAR POWER: Plan Disclosures Gets Court's Conditional Okay
TREND COMPANIES: Can Use First Financial Bank Cash on Interim Basis
TRINITY TEMPLE: Wants to Use Greenwich Investors Cash Collateral
TRIPLE C FLATBED: Can Use Cash Collateral Until Sept. 23
TRIUMPH GROUP: Moody's Puts Ba2 CFR on Review for Downgrade

TROCOM CONSTRUCTION: Oct. 19 Liquidation Plan Confirmation Hearing
UCI INTERNATIONAL: Plan Proposes Unknown Recovery for Unsecureds
URBANCORP TORONTO: Claims Bar Date Slated for October 21
UTSA APARTMENTS 8: Selling Bexar County Apartment Complex for $33M
VANGUARD HEALTHCARE: Wants To Continue Using Cash Until Dec. 31

VICTOR DODA JR: Selling Baltimore Property for $130K
VICTOR RODRIGUEZ: Plan Proposes Full-Payment to Creditors
VIVA INVESTMENTS: Court Moves Plan Filing Date to Nov. 21
VIVID SEATS: Moody's Affirms B3 CFR; Outlook Stable
VIVID SEATS: S&P Affirms 'B' CCR on Dividend Recapitalization

W&T OFFSHORE: Swap Offloads Some Debt
WHITESBURG REALTY: 25% of Net Profits Earmarked for Unsecureds
WHITTEN FOUNDATION: Sale Under Iberia Plan Completed
WORLD OF WOOD: Case Summary & 20 Largest Unsecured Creditors
WPCS INTERNATIONAL: Iroquois Master Owns 9.8% Stake as of Sept. 15

YAKH LLC: Seeks Authorization to Use Cash Collateral
YOUNG CHO: Unsecured Creditors to Receive 2% Under Ch. 11 Plan
ZYLSTRA DAIRY: Names Diller and Rice as Counsel
[*] Blackhill Partners Appoints Steven Strom as CEO
[*] KBRA Releases CMBS Default and Loss Study


                            *********

A&A WHEELER: Seeks Authorization to Use Cash Collateral
-------------------------------------------------------
A&A Wheeler Mfg., Inc., asks the U.S. Bankruptcy Court for the
District of New Hampshire for authorization to use cash collateral
beginning on Oct. 1, 2016 until Nov. 30, 2016.

The Debtor wants to use the cash collateral to pay for costs and
expenses that it will incur in the ordinary course of business.

The Debtor's proposed Budget for the period beginning on October 1,
2016 and ending on November 30, 2016, provides for total expenses
in the amount of $685,460.  The expenses listed in the Budget
include a payment to Mortgage Federal Savings Bank in the amount of
$6,600, among others.

A full-text copy of the Debtor's Motion, dated Sept. 14, 2016, is
available at
https://is.gd/MBA0Qu

                           About A&A Wheeler Mfg.

A&A Wheeler Mfg., Inc., based in Lee, New Hampshire, filed for
Chapter 11 bankruptcy (Bankr. D.N.H. Case No. 15-11799) on Nov. 24,
2015.  Judge Bruce A. Harwood presides over the case.  Franklin C.
Jones, Esq., at Wensley & Jones, PLLC, serves as the Debtor's
counsel.  A&A Wheeler disclosed total assets of $1.19 million and
total liabilities of $1.49 million.  Its petition was signed by
Angela Wheeler, vice president and CFO.


A-FRAME AWARDS: Disclosures Get Preliminary OK; Hearing on Oct. 5
-----------------------------------------------------------------
The Hon. Daniel S. Opperman of the U.S. Bankruptcy Court for the
Eastern District of Michigan has granted preliminary approval of
A-Frame Awards, Inc.'s disclosure statement describing the plan of
reorganization.

The hearing on objections to final approval of the Disclosure
Statement and confirmation of the Plan will be held on Oct. 5,
2016, at 11:00 a.m.

The deadline for all professionals to file final fee applications
is Oct. 19, 2016.

The deadline to return ballots on the plan, as well as to file
objections to final approval of the Disclosure Statement and
objections to confirmation of the Plan, is Sept. 28, 2016.

A-Frame Awards, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Mich. Case No. 16-30391) on Feb. 24, 2016.  Peter T.
Mooney, Esq., at Simen, Figura & Parker serves as the Debtor's
bankruptcy counsel.


ACB RECEIVABLES: Wants Authorization to Use Cash Collateral
-----------------------------------------------------------
ACB Receivables Management, Inc., asks the U.S. Bankruptcy Court
for the District of New Jersey for authorization to use cash
collateral.

The Debtor relates that the creditors that asserted liens against
the Debtor's operating assets, and have an interest in the Debtor's
collateral are:

     (a) TD Bank - in the approximate amount of $100,000; and

     (b) PNC Bank - in the approximate amount of $202,000.

The Debtor further relates that TD Bank & PNC Bank also have a lien
against the building owned by an affiliate of the Debtor situated
at 19 Main Street, Asbury Park, New Jersey, which has an estimated
value of $850,000.

The Debtor's proposed Budget covers a 13-month period, beginning on
August 2016 and ending on August 2017.  The Budget provides for
total expenses in the amount of $722,631.26.

The Debtor tells the Court that based on a collateral base of
$5.936 million in Debtor assets and the equity cushion in its 19
Main Street property, TD Bank and PNC Bank are fully secured.  The
Debtor further tells the Court that it will continue to insure its
assets and maintain the assets in good repair as further adequate
protection.

A full-text copy of the Debtor's Motion, dated Sept. 14, 2016, is
available at https://is.gd/VesqwH

              About ACB Receivables Management

ACB Receivables Management, Inc., filed a chapter 11 petition
(Bankr. D.N.J. Case No. 16-27343) on Sept. 9, 2016.  The petition
was signed by Oleg Shnayderman, president.  The Debtor is
represented by David A. Ast, Esq., at David Allan Ast, P.C.  The
case is assigned to Judge Christine M. Gravelle.  The Debtor
estimated assets at $0 to $50,000 and liabilities at $1 million to
$10 million at the time of the filing.

The Debtor is engaged in business as a collection agency.  The
Debtor's clients consist primarily of physicians and medical
facilities.


ACE TRACK: USCO's Bid for Sec. 1522 Protection Partly Granted
-------------------------------------------------------------
Judge Timothy A. Barnes of the United States Bankruptcy Court for
the Northern District of Illinois, Eastern Division, granted USCO,
S.p.A.'s Amended Motion for Order Granting Protection under 11
U.S.C. section 1522 insofar as declaring the state of the law with
respect to the parties' duties, but otherwise denied the motion
without prejudice.

The amended motion arose from the attempt of USCO, a creditor of
Ace Track Co., Ltd., in order to protect a potential recovery in a
case between Ace Track Co., Ltd., Valuepart, Inc., and USCO, to
intervene in and potentially upset the resolution of a case between
Ace Track and VPI.  USCO raised serious concerns regarding Ace
Track's postpetition treatment of property of Ace Track that is
within the territorial jurisdiction of the United States.

According to the judge, the Amended Motion raises serious concerns
regarding the Debtor's postpetition treatment of property of the
Debtor that is within the territorial jurisdiction of the United
States.  The litigation surrounding the Amended Motion evidences a
misunderstanding of the parties regarding the statutory roles of
foreign representatives and debtors in Chapter 15 cases generally,
and this case specifically, the judge added.

Judge Barnes found that, though the amended motion raises
significant issues, the amended motion failed to establish the
statutory and factual grounds upon which any claim for affirmative
relief was predicated.  Further, the judge stated that the amended
motion was presented in a manner that obfuscated whether
affirmative relief was actually sought and, in fact, appears to
only request declaratory relief.  

Judge Barnes nevertheless concluded that the amended motion is well
taken insofar as it requests declaratory relief.  The judge held
that Rule 9109 and section 1520 of the Bankruptcy Code (and
applicable thereby sections 362 and 363) do not permit settlement
of the arbitration between VPI and Ace Track, or assignment of Ace
Track's alleged $7.0 million receivable owed to it from VPI,
treated therein without further order of the court.  The judge
explained that the court cannot provide relief beyond that.

Judge Barnes thus granted the amended motion insofar as the
memorandum decision declares the extent of the law with respect to
the parties' duties, but otherwise denied it without prejudice.

A full-text copy of Judge Warren's September 2, 2016 order is
available at http://bankrupt.com/misc/ilnb15-13819-87.pdf

South Korea-based Ace Track Co., Ltd., sought protection under
Chapter 15 of the U.S. Bankruptcy Code on April 17, 2015 Chapter
15
(Bankr. N.D. Ill., Case No. 15-13819).  The Chapter 15 Petition
was
filed by Sooan Cho.  The Chapter 15 case is assigned to Judge
Jacqueline P. Cox.  The Chapter 15 Petitioner is represented by
Mark L Radtke, Esq., and Brian L Shaw, Esq., at Shaw Fishman
Glantz
& Towbin LLC, in Chicago, Illinois.


AFFINITY HEALTHCARE: Can Sell Provider Accounts to RMS, Use Cash
----------------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut approved Affinity Healthcare Management,
Inc.'s sale of Provider Accounts Receivable to Revenue Management
Solutions, LLC.

Judge Manning also authorized the Debtors to incur indebtedness
with administrative super-priority and secured by liens on and
security interests in non-purchased accounts and on all other
assets of the Providers, and authorized the Debtors to use cash
collateral until October 15, 2016.

The Providers consist of Debtors Health Care Investors, Inc. d/b/a
Alexandria Manor, Health Care Alliance, Inc. d/b/a Blair Manor,
Health Care Assurance, LLC d/b/a Douglas Manor, and Health Care
Reliance, LLC d/b/a Ellis Manor.

The United States Department of Housing and Urban Development
asserts a first priority security interest in the Providers'
personal property, which the Debtors and Revenue Management
Solutions dispute.

The Debtors are indebted to Revenue Management Solutions in the
amount of $1,450,000 as of the Petition Date, pursuant to the
Prepetition Funding Facility between the Providers and Revenue
Management Solutions.  The Providers granted Revenue Management
Solutions a continuing security interest in and liens upon their
respective right, title and interest in all of the Providers'
properties, assets and rights.

The Debtors represented that substantially all of their cash,
including the cash in their deposit accounts, wherever located,
whether as original collateral or proceeds of other Prepetition
Collateral, constitute the cash collateral of Revenue Management
Solutions.

The Debtors related that Revenue Management Solutions is willing to
purchase Accounts and extend to the Providers, jointly and
severally, as one Provider, certain Initial Installments,
Subsequent Installments and other financial and funding
accommodations.

The Purchase Agreement contains, among others, the following
relevant terms:

     (a) Purchase of Accounts:  The Providers agree to offer for
sale to Buyer all of the Providers' Accounts on a weekly basis, and
the Buyer agrees to purchase all such accounts selected by the
Buyer to be purchased.

     (b) Purchase Price for the Assets:  The purchase price of
Accounts will be determined separately for each Batch of Accounts
purchased and will be equal to the aggregate ENR of all Eligible
Accounts in such Batch.

     (c) Payment of Purchase Price:  The purchase price will be
paid as follows:

          (i) Upon the Purchase of Accounts, Buyer will pay to the
Providers an amount equal to the lesser of 80% of the purchase
price of all the Eligible Accounts in a Batch or the amount
requested by the Providers.

         (ii) All remaining installments of the Purchase Price
subsequent to the Initial Installment with respect to all Purchased
Accounts will be aggregated and paid with respect to all Purchased
Accounts as a group, regardless of the date such Accounts were or
are Purchased.

     (d) Facility Cap: The aggregate amount of the Oustanding
Initial Installments plus any outstanding Obligations of the
Providers will not exceed $2,500,000.

The Debtors told the Court that the Providers do not have
sufficient available sources to provide working capital to operate
their businesses in the ordinary course without the requested
post-petition finding from Revenue Management Solutions.  The
Debtors further told the Court that the Providers' ability to
provide patient services, and maintain their business relationships
with vendors, suppliers and employees, and to otherwise fund their
operations, are essential to the Providers' viability.

As a condition to Revenue Management Solutions' continued funding
and the agreement for the use of cash collateral, Revenue
Management Solutions required, and the Debtors have agreed, that
proceeds of the Postpetition Funding Facility will be used solely
for:

     (1) payment of the Prepetition Obligations;

     (2) working capital and other general corporate purposes;

     (3) permitted payment of costs of administration of the
cases;

     (4) payment of fees and expenses due under the Postpetition
Funding Facility; and

     (5) payment of such prepetition expenses, in addition to the
Prepetition Obligations permitted to be so paid in accordance with
the consents required under the Funding Documents, and as approved
by the Court.

Revenue Management Solutions was granted adequate protection liens
and super-priority claims, current payments fees, costs and
expenses and other amounts due under the Funding Documents, and
ongoing payment of the reasonable fees, costs and expenses,
including legal and other professionals' fees and expenses.  The
State of Connecticut Department of Labor was granted adequate
protection liens.

The Carve-Out consists of:

     (i) allowed fees and and reimbursement for disbursements of
professionals retained by the Debtors in an aggregate amount for
all such Professional Fees not to exceed $540,000.00;

     (ii) allowed fees and reimbursement for disbursements of
professionals retained by the Statutory Committee in an aggregate
amount of all such Committee’s Professional Fees not to exceed
$270,000.00;

     (iii) quarterly fees pursuant to 28 U.S.C. Section 1930(a)(6)
plus interest accrued pursuant to 31 U.S.C. Section 3717, and any
fees payable to the clerk of the Bankruptcy Court; and

     (iv) amounts due and owing to the Debtors’ non-insider
employees for post-petition wages.

A further hearing on the Debtors' Motion is scheduled on October
12, 2016 at 2:00 p.m.

A full-text copy of the Order, dated September 16, 2016, is
available at https://is.gd/W08Xzj

                About Affinity Healthcare Management

Affinity Health Care Management, Inc., Health Care Investors, Inc.
d/b/a Alexandria Manor, Health Care Alliance, Inc. d/b/a Blair
Manor, Health Care Assurance, L.L.C., d/b/a Douglas Manor and
Health Care Reliance, L.L.C. d/b/a Ellis Manor, are a nursing home
management company.  They filed for Chapter 11 bankruptcy
protection (Bankr. D. Conn. Case Nos. 16-30043 to 16-30047) on
January 13, 2016.  Hon. Julie A. Manning presides over the cases.
Elizabeth J. Austin, Esq., Irve J. Goldman, Esq. and Jessica
Grossarth, Esq., at Pullman & Comley, LLC, serve as counsel to the
Debtors.

In its petition, Affinity Health Care Management estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The Debtors noted in a court filing that their total secured and
unsecured debt exceeding $16 million.

The Debtors' petitions were signed by Benjamin Fischman,
president.

A committee of unsecured creditors has been appointed and Neubert
Pepe & Monteith, P.C. has been retained as the committee's
counsel.



AMN HEALTHCARE: Moody's Assigns Ba2 CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigned a Ba2 Corporate Family Rating
and a Ba2-PD Probability of Default Rating to AMN Healthcare, Inc.
Additionally Moody's assigned a Ba3 rating to the proposed $300
million in senior unsecured notes and a SGL-2 Speculative Grade
Liquidity rating.  The rating outlook is stable.

Proceeds from the unsecured notes offering will be used to repay
outstanding balances under the company's revolver and term loan A.
The transaction will be leverage neutral at close but Moody's
expects that the company will use revolver borrowing to complete
additional acquisitions.  Moody's estimates that debt to EBITDA for
the twelve months ended June 30, 2016, would have been 2.3 times
pro forma for the transaction and a full year of earnings from
recent acquisitions.

Assignments:

Issuer: AMN Healthcare, Inc.

  Corporate Family Rating, Assigned Ba2
  Probability of Default Rating, Assigned Ba2-PD
  $300 million Senior Unsecured Notes due 2024, Assigned Ba3
   (LGD5)
  Speculative Grade Liquidity Rating, Assigned SGL-2
  Outlook, Assigned Stable

                          RATINGS RATIONALE

The Ba2 Corporate Family Rating reflects the company's solid credit
metrics, leading market position in the temporary healthcare
staffing industry and good liquidity profile.  Moody's expects that
over the long term AMN will benefit from favorable industry trends,
including growing demand for health services due to an aging
population and a shrinking pool of healthcare professionals.
However, the rating is constrained by the highly cyclical Nurse and
Allied Solutions segment, which accounted for 62% of revenue in the
second quarter of 2016.  While the company has taken steps to
reduce volatility, Moody's believes revenue and earnings will still
materially decline during an economic downturn.  Furthermore,
Moody's expects that the company will continue to complete debt
funded acquisitions as part of its growth strategy.

The stable outlook reflects Moody's belief that debt to EBITDA will
remain in the 2 to 3 times range over the next 12 to 18 months.
Moody's expects strong organic earnings and cash flow growth, but
that credit metric improvement will be limited by debt funded
acquisitions.

The rating could be upgraded if cyclicality is further mitigated by
additional spend under Managed Service Programs and greater growth
outside of the volatile Nursing and Allied Solutions segment.
Furthermore, Moody's would need to expect that the company will
sustain debt to EBITDA below 2.5 times and free cash flow to debt
above 15% even during temporary fluctuations in demand, while
maintaining capacity for acquisitions consistent with its track
record.

The rating could be downgraded if revenue growth decelerates
significantly, or if debt financed acquisitions cause debt to
EBITDA to remain above 3.5 times or free cash flow to debt to
decline below 8% for an extended period of time.

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

AMN is the largest temporary healthcare staffing provider in the
United States.  The Nurse and Allied Solutions segment accounted
for 62% of second quarter 2016 revenue, the Locum Tenens Solutions
segment accounted for 23% of revenue and the Other Workflow
Solutions (physician permanent placement, executive search, etc.)
segment accounted for 15% of revenue.  For the twelve months ended
June 30, 2016, the company reported revenues of $1.7 billion.


ANGELO PERRY THROWER: Court Sets Disclosure Hearing for Oct. 26
---------------------------------------------------------------
Judge Raymond B. Ray of the U.S. Bankruptcy Court for the Southern
District of Florida sets a hearing on October 26, 2016 at 10:00
a.m. to consider approval of the Disclosure Statement submitted by
Angelo Perry Thrower in its Chapter 11 case.

The court has also set September 25, 2016 as the deadline for
service of order, disclosure statement and plan, and October 19,
2016 as the last day for filing and serving objections to the
disclosure statement.

                Angelo Perry Thrower

Angelo Perry Thrower is a medical doctor specializing in
dermatology.  He is the owner of Angelo P. Thrower, M.D., P.A.,
which is a personal service corporation, and Heritage Skincare,
Inc., which is a corporation formed to develop, market and sell
skin care products.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case No. 16-10243) on Jan. 7, 2015.  The Debtor's counsel is
Susan D. Lasky, Esq. at Susan D Lasky, PA of Ft Lauderdale, FL.


ARICENT TECHNOLOGIES: S&P Lowers CCR to 'B-', Outlook Negative
--------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Palo
Alto, Calif.-based Aricent Technologies to 'B-' from 'B'.  The
outlook is negative.  

At the same time, S&P lowered the issue-level rating on the
company's first-lien debt to 'B-' from 'B'.  The recovery rating
remains '3', indicating S&P's expectation of meaningful recovery
(50% to 70%; upper half of the range) in the event of a payment
default.

In addition, S&P lowered the issue-level rating on Aricent's
second-lien debt to 'CCC' from 'CCC+'.  The recovery rating remains
'6', indicating S&P's expectation of negligible recovery (0% to
10%) in the event of a payment default.

"The downgrade and negative outlook reflect Aricent's persistently
high leverage, narrowing covenant cushion, and exposure to a
potential continuing operating weakness," said S&P Global Ratings
credit analyst John Moore.


AVANTOR PERFORMANCE: Moody's Affirms B1 CFR, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service affirmed the Corporate Family Rating at
B1 and the probability of default rating (PDR) at B1-PD of Avantor
Performance Materials Holdings S.A.  Moody's also affirmed the
first lien senior secured TL at B1 and said it will withdraw the B3
rating on the second lien senior secured TL when the loans are
repaid, expected September 30, 2016, all issued by Avantor's
subsidiary Avantor Performance Materials Holdings, Inc. These
actions follow the company's announcement that it will upsize the
recent $570 million first lien TL financing by $265 million and use
the expanded proceeds to repay roughly $165 million outstanding
under the second lien term loan and to pay a dividend up to $140
million to New Mountain, Avantor's private equity owner.  The
rating outlook is stable.

"We expect leverage, in the absence of bolt-on acquisitions, to
decline over the next 12 months, and to be maintained between 4.0
and 5.0 times overtime" stated Joseph Princiotta, VP- Senior Credit
Officer at Moody's and lead analyst responsible for Avantor's
ratings.

This action has been taken:

Issuer: Avantor Performance Materials Holdings S.A.

Affirmations:
  Probability of Default Rating, B1-PD
  Corporate Family Rating, B1

Issuer: Avantor Performance Materials Holdings, Inc.

Affirmations:
  Senior Secured Bank Credit Facility, B1(LGD4)

Outlook Actions:
  Outlook, Remains Stable

                         RATINGS RATIONALE

Avantor's B1 CFR reflects the stability and stickiness of the
combined company's branded and specialty revenue base, long-lived
customer relationships and a strong reputation with customers,
strong P&L performance in recent quarters, a relatively new and
impressive management team, and the establishment and stability of
positive free cash flow generation.  The ratings also reflect the
recent repositioning of Avantor's manufacturing footprint, along
with other cost and pricing actions that have resulted in a
significant increase in EBITDA margins since the new management
team took the helm in mid-2014.

Moody's considers Avantor's liquidity position to be good with
expected cash on the balance sheet close of $30 million and is
expected to generate positive free cash flow going forward for debt
reduction.  Strong free cash flow and an anticipated $25 million
increase to $75 million revolving credit facility should cover the
company's ongoing basic cash needs, working capital needs, the step
up in capital expenditures, and still allow for further debt
reduction.

The stable outlook reflects Moody's expectation that metrics trend
favorably as robust free cash flow is applied to debt reduction and
as operations benefit from organic growth and the likelihood that
ongoing actions by management further improve operations.

Moody's is unlikely to upgrade the CFR as it is constrained at the
B1 level due to the private equity ownership and the risk that
future policies might shift and allow for a more leveraged balance
sheet and large dividends.

Moody's would change the outlook to negative or downgrade the CFR
if debt is not reduced over the next few quarters and metrics fail
to trend favorably, which could occur if the company were to make
additional early acquisitions or if the current favorable trends in
operations were to reverse, which we don't expect to happen. Also,
if free cash flow were to deteriorate to neutral or near neutral
Moody's would consider a downgrade to the ratings.

Incorporated in Luxembourg, Avantor's operational headquarters are
located in Pennsylvania, USA.  For the financial year-end (FYE)
December 2015, Avantor's Moody's-adjusted revenues and EBITDA were
approximately $456 million and $92 million, respectively and on an
unaudited basis.  The company has approximately 1,200 employees
producing over 12,000 products across four broad product categories
(pharmaceutical, laboratory, microelectronic and diagnostic
products).  Approximately 54% of Avantor's revenues are generated
from the US and Canada; 16% from Europe; 13% from India; 8% from
Asia; and 3% from Latin America.

The principal methodology used in these ratings was Global Chemical
Industry Rating Methodology published in December 2013.


AVNET INC: Moody's Puts Ba1 Rating on Review for Downgrade
----------------------------------------------------------
Moody's Investors Service has placed the ratings of Avnet, Inc. on
review for downgrade upon the company's announcement that it will
sell its Technology Solutions ("TS") business for $2.6 billion in
cash and equity to Tech Data Corporation.

                        RATINGS RATIONALE

Although Avnet will receive a premium valuation for the TS unit, it
is also in process of acquiring UK distributor, Premier Farnell,
for total consideration of about $1.2 billion, including repayment
of Premier Farnell debt.  Avnet has not disclosed the ultimate use
of the cash proceeds of the TS sale, which could be used for debt
reduction, share buybacks or more acquisitions. Avnet has struggled
to stabilize its TS business and its decision to sell the unit
highlights the effect that secular shifts in IT spending are having
on companies exposed to traditional hardware and solutions sales.
In any event, the company's business will now be more concentrated
around its Electronics Marketing ("EM") unit which is more exposed
to the volatility of semi-conductor cycles and will lose the
broader diversification provided by TS distribution.

The review will focus on the post-sale capital structure, future
operating strategy, secular dynamics, competitive positioning,
liquidity profile and financial policies of the company.  To the
extent that Avnet uses the TS net sale proceeds to significantly
pay down debt and remains committed to a conservative financial
profile, the ratings are likely to be confirmed at Baa3.

Issuer:

Avnet, Inc.
  Senior Unsecured Debt --Baa3 Placed on Review for Downgrade
  Senior Unsecured Shelf - (P)Baa3 Placed on Review for Downgrade
  Subordinate Shelf - (P)Ba1 Placed on Review for Downgrade
  Outlook -- Rating Under Review

Headquartered in Phoenix, AZ, Avnet is one of the world's leading
industrial distributors of electronic components and enterprise
computing, servers, software, storage and embedded subsystems.
Avnet also provides value-added IT solutions, engineering design,
materials management and logistics, system integration and
configuration, as well as supply chain services.  Clients include
original equipment manufacturers, original design manufacturers,
electronics manufacturing service providers, value-added resellers,
system integrators and other IT end users.


BASIC ENERGY: Enters Into Forbearance Agreement, Obtains Waivers
----------------------------------------------------------------
Basic Energy Services, Inc., and certain subsidiaries on Sept. 14
disclosed that the Company, its secured term loan lenders and
secured asset-based revolver lenders (collectively, the "Secured
Lenders"), and certain of its unsecured bondholders have taken
steps to enable the continuation of negotiations regarding a
deleveraging transaction.

Specifically, the Company has entered into a forbearance agreement
with over 81% of the holders of the 7.75% senior notes due 2019
(the "2019 Notes") with respect to the previously announced 30-day
grace period related to an $18.4 million payment of interest under
the 2019 Notes.  The Company has elected not to make the interest
payment upon the expiration of the 30-day grace period.  Under the
forbearance agreement, the unsecured noteholders have agreed to
forbear from exercising their rights and remedies, including the
right to accelerate any indebtedness, through September 28, 2016 in
connection with the interest payment default.

Additionally, the Company's Secured Lenders have agreed to provide
temporary waivers of certain existing and future defaults under the
Term Loan and ABL Facility related, in part, to the missed interest
payment.  The forbearance and temporary waivers will provide the
Company with additional flexibility to continue discussions with
all its creditors with the objective of improving Basic's long-term
capital structure.

Roe Patterson, Basic's President and Chief Executive Officer,
stated, "I would like to express our appreciation to our Secured
Lenders and unsecured bondholders for their continued support and
cooperation.  The forbearance agreement and temporary waivers will
provide additional time to reach a mutually acceptable financial
restructuring plan that provides Basic with a sustainable capital
structure that supports the Company's long-term business plan and
results in long-term value generation for the benefit of our
employees, customers, vendors, and all other stakeholders."

The Company continues to believe that it has ample liquidity at
this time to continue efficient and uninterrupted operations in the
ordinary course and anticipates meeting all of its obligations to
suppliers, customers, and employees.

                       About Basic Energy

Energy Services, Inc. -- http://www.basicenergyservices.com/--
provides a wide range of well site services in the United States to
oil and natural gas drilling and producing companies, including
completion and remedial services, fluid services, well servicing
and contract drilling.  These services are fundamental to
establishing and maintaining the flow of oil and natural gas
throughout the productive life of a well.  The Company's broad
range of services enables us to meet multiple needs of its
customers at the well site.

Basic Energy reported a net loss of $242 million in 2015 compared
to a net loss of $8.34 million in 2014.  As of June 30, 2016, Basic
Energy had $1.07 billion in total assets, $1.14 billion in total
liabilities, and a $62.4 million total stockholders' deficit.

"If we are unable to generate sufficient cash flow or are otherwise
unable to obtain the funds required to make principal and interest
payments on our indebtedness, or if we otherwise fail to comply
with the various covenants in instruments governing any existing or
future indebtedness, we could be in default under the terms of such
instruments.  In the event of a default, the holders of our
indebtedness could elect to declare all the funds borrowed under
those instruments to be due and payable together with accrued and
unpaid interest, secured lenders could foreclose on any of our
assets securing their loans and we or one or more of our
subsidiaries could be forced into bankruptcy or liquidation.  If
our indebtedness is accelerated, or we enter into bankruptcy, we
may be unable to pay all of our indebtedness in full.  Any of the
foregoing consequences could restrict our ability to grow our
business and cause the value of our common stock to decline," the
Company warned in its annual report for the year ended Dec. 31,
2015.

                          *    *     *

The TCR reported on March 14, 2016, that Moody's Investors Service
downgraded Basic Energy Services, Inc.'s Corporate Family Rating
(CFR) to Caa3 from Caa1, its senior unsecured notes rating to Ca
from Caa2, and lowered its Speculative Grade Liquidity Rating to
SGL-4 from SGL-3.  The outlook remains negative.

As reported by the TCR on Aug. 17, 2016, S&P Global Ratings lowered
its long-term corporate credit rating on TX-based oilfield services
company Basic Energy Services Inc. to 'CC' from 'CCC-'.
"The downgrade follows Basic's announcement on Aug. 15, 2016, that
it has decided to defer the coupon payment on its senior unsecured
notes maturing 2019," said S&P Global Ratings credit analyst
Christine Besset.  "The payment due date was Aug. 15, 2016, and
Basic is using the 30-day grace period provided in the notes'
indenture because the company is in the process of restructuring
its balance sheet," she added.


BATTALION RESOURCES: Can Use Cash Collateral Until October 6
------------------------------------------------------------
Judge Thomas B. McNamara of the U.S. Bankruptcy Court for the
District of Colorado authorized Battalion Resources, LLC, and its
affiliated debtors to use cash collateral on an interim basis,
until Oct. 6, 2016 at 1:30 p.m.

The Debtors are indebted to JPMorgan Chase Bank, N.A., as agent,
and Lenders, in the amount of $34,060,662, plus additional interest
and fees, pursuant to a Credit Agreement, which loan was set to
mature Sept. 30, 2016.

The Lenders assert a first priority security interest in all of the
Debtors' current and after-acquired assets, including its
equipment, accounts, chattel paper, general intangibles, documents,
instruments, inventory, and all other collateral and cash
collateral.

The Debtors related that they entered into an Asset Purchase
Agreement with Powder River Holdings, LLC, for the sale of
substantially all of the Debtors' assets.  The Debtors further
related that in order to continue their operations while in Chapter
11 in the ordinary course, until the Sale occurs, the Debtors must
be able to, among other things, use remaining cash.  The Debtors
added that without such ability, they will be unable to operate
while in Chapter 11 and be unable to achieve their goals in
connection with the Chapter 11 cases, including a successful Sale.

Judge McNamara held that the Debtor's failure to close the Sale
pursuant to the Debtor's Sale Motion, by the drop dead date of Dec.
2, 2016, will constitute grounds, among others, to terminate the
use of cash collateral.

The Lenders were granted:

     (1) a first priority replacement lien on all of the
unencumbered assets and property presently owned or later acquired
by the Debtors or the Debtors' estates;

     (2) to the extent of any diminution in the value of their
interest in the collateral resulting from the use of cash
collateral, a junior priority replacement lien on all of the assets
and property presently owned or later acquired by the Debtors or
the Debtors' estates, except avoidance actions;

     (3) to the extent of any diminution in the value of the
Lenders' interest in the collateral resulting from the use of the
cash collateral, an allowed administrative expense claim, which
will have the same priority as all other administrative expenses;
and

     (4) a secured interest in the collateral resulting from the
use of the cash collateral, in the amount of interest and fees,
including reasonable attorney fees.  

A full-text copy of the Order, dated Sept. 16, 2016, is available
at https://is.gd/9Oqkox

              About Battalion Resources

Battalion Resources, LLC, Storm Cat Energy (USA) Operating
Corporation, Storm Cat Energy (Powder River), LLC and Storm Cat
Acquisitions,LLC filed chapter 11 petitions (Bankr. D. Colo. Case
Nos. 16-18917, 16-18920, 16-18922, and 16-18925, respectively) on
September 8, 2016.  The petitions were signed by Christopher M.
Naro, chief financial officer.

The Debtors are represented by Theodore J. Hartl, Esq., at
Lindquist & Vennum LLP - Denver.  Battalion Resources' case is
assigned to Judge Thomas B. McNamara, while Storm Cat Energy (USA)
Operating Corporation's case is assigned to Judge Elizabeth E.
Brown.

Battalion Resources disclosed total assets at $3.53 million and
total liabilities at $83.41 million.  Storm Cat Energy (USA)
disclosed total assets at $931,740 and total liabilities at $77.57
million.



BENZIE LEASING: Court Allows Use of Honor Bank Cash Collateral
--------------------------------------------------------------
Judge James W. Boyd of the U.S. Bankruptcy Court for the Western
District of Michigan authorized debtor Benzie Leasing, LLC, to use
cash collateral pursuant to a stipulation among the Debtor, Honor
Bank, and the United States Trustee.

The Debtor is authorized to use all cash collateral, income,
deposit accounts, inventory, accounts receivable, general
intangibles, chattel paper, documents, instruments, equipment, and
all other property and assets of the estate, and their proceeds and
products, in the ordinary course of its business.

A full-text copy of the Order dated Sept. 16, 2016, is available at
https://is.gd/LsM5s6

Honor Bank is represented by:

          John M. Grogan, Esq.
          3240 Racquet Club Drive
          Traverse City, MI 49684
          Telephone: (231) 944-1529
          E-mail: Jmgroganlaw@gmail.com

                 About Benzie Leasing

Benzie Leasing, LLC -- dba Xpress Lube of Benzonia, Bay Auto Wash
and Benzie Wash -- filed a chapter 11 petition (Bankr. W.D. Mich.
Case No. 16-00348) on Jan. 28, 2016.  The petition was signed by
David A. Wolfe, sole member and manager.  The Debtor is represented
by Michael P. Corcoran, Esq., at Corcoran Law Office.  The case is
assigned to Judge James W. Boyd.  The Debtor disclosed $817,220 in
assets and debt totaling $1.27 million at the time of the filing.




BORIS PINTAR: Oct. 4 Hearing to Approve Disclosure Statement
------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
will hold on Oct. 4, 2016, at 1:30 p.m., a hearing to consider
Boris Pintar & Zdenka Mary Pintar's motion for approval of the
Debtor's disclosure statement in support of the Debtor's plan of
reorganization.

The Disclosure Statement was filed on Aug. 24, 2016.  The Debtors
assure the Court that the Disclosure Statement contains adequate
information.

Boris Pintar & Zdenka Mary Pintar filed for Chapter 11 bankruptcy
protection (Bankr. C.D. Cal. Case No. 16-10646) on March 4, 2016.
Onyinye N Anyama, Esq., at Anyama Law Firm serves as the Debtor's
bankruptcy counsel.


C & D PRODUCE: Wants to Use Cash Collateral Up to Dec. 22
---------------------------------------------------------
C & D Produce Outlet, Inc. and C & D Produce Outlet - South, Inc.
ask the U.S. Bankruptcy Court for the Southern District of Florida
to allow their continued use of cash collateral for an additional
90 days, through and including December 22, 2016.

The Debtors are presently authorized by the Court to use cash
collateral through September 23, 2016.

The Debtors relate that they propose to sell one or more of the
following assets:

     (a) Real Property located at 3133 Lake Worth Road, Palm
Springs;

     (b) Business Operations of C & D Produce Outlet South, Inc.
located at 3133 Lake Worth Road, Palm Springs;

     (c) Real Property located at 8195 North Military Trail, Palm
Beach Gardens;

     (d) Real Property located at 4555 Lillian Avenue, Palm Beach
Gardens; and

     (e) Business Operations of C & D Produce Outlet, Inc. located
at 8195 North Military Trail, Palm Bach Gardens.

The Debtors believe that a sale of the real property and/or
business operations of one or both Debtors will enable the Debtors
to pay the secured creditor, T.D. Bank, N.A., the PACA Creditors
and other creditors through closing procedures and/or a plan of
reorganization.  The Debtors say that the sale of certain assets is
a condition precedent to the filing of the plan of reorganization.

The Debtors maintain that a continued use of cash collateral is
necessary and, in fact, vital to the cases.  The Debtors contend
that a sale of one or both of the businesses as going concerns will
generate the highest and best offers for the businesses, which will
maximize payment to the creditors so that the secured creditor and
PACA Creditors can be paid and a plan of reorganization funded.

A full-text copy of the Motion dated September 9, 2016 is available
at https://is.gd/tuRgpX


                            About C & D Produce

C & D Produce Outlet, Inc., and C & D Produce Outlet - South, Inc.,
filed separate chapter 11 petitions (Bankr. S.D. Fla. Case Nos.
16-15760 and 16-15764) on April 21, 2016.  The Debtors are
represented by Craig I Kelley, Esq., at Kelley & Fulton, P.L., in
West Palm Beach, Fla.  

At the time of filing, the C & D Produce Outlet, Inc. had $50,000
in estimated assets and $100,000 to $500,000 in estimated
liabilities; C & D Produce Outlet - South, Inc. disclosed $50,000
in estimated assets and $500,000 to $1 million in estimated debts.

The Petitions were signed by the Debtors' President, Carol Saldana.



C&J ENERGY: Ch. 11 Plan Proposes Unknown Recovery to Unsecureds
---------------------------------------------------------------
C&J Holding Co., et al., filed with the U.S. Bankruptcy Court for
the Southern District of Texas a disclosure statement relating to
the joint plan of reorganization dated dated Aug. 19, 2016.

The Disclosure Statement provides that the mid-point of the
Debtors' estimate of aggregate Allowed General Unsecured Claims is
approximately $[_] million.  Each holder of an Allowed General
Unsecured Claim will receive [_].  Although the Debtors' estimate
of allowed Class 5 General Unsecured Claim is the result of the
Debtors' and their advisors' careful analysis of available
information, General Unsecured Claims actually asserted against the
Debtors may be higher or lower than the Debtors' estimate, which
difference could be material, the Debtors said.

The Plan revolves around a restructuring support agreement, which
contemplates a swift restructuring by which the Debtors will
eliminate approximately $1.4 billion in prepetition debt
obligations and minimize the time and expense associated with the
Chapter 11 Cases.  Further, under the RSA, certain of the Lenders,
in their capacity as DIP Facility Backstop Lenders, have agreed to
backstop the DIP Facility 00 a senior secured, superpriority
delayed-draw term loan credit facility in the aggregate principal
amount of $[100] million -- and numerous additional Lenders party
to the RSA have agreed to participate as DIP Facility Lenders.
Pursuant to the Interim DIP Order, the DIP Facility Lenders have
already provided $25 million in post-petition financing to the
Debtors.

Additionally, on the Effective Date of the Plan, the Debtors will
complete the $200 million Rights Offering backstopped by certain of
the Lenders as Backstop Parties. The DIP Facility and the Rights
Offering provide substantial benefits to the Debtors and drive
recoveries (in both quantum and form of consideration) for
stakeholders enterprise wide.

The Plan will be funded by these sources of consideration: (a) cash
on hand, including proceeds of the DIP facility; (b) new common
stock; (c) subscription rights; (d) proceeds from the rights
offering; (e) new warrants, as applicable; and (f) proceeds from
the exit facility, as applicable.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txsb16-33590-246.pdf

                     About C&J Energy

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

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

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

U.S. Trustee Judy A. Robbins appointed on Aug. 2 five creditors to
serve on the official committee of unsecured creditors in the
Chapter 11 case of CJ Holding Co., et al.  The Committee tapped
Conway MacKenzie, Inc., as its financial advisor.


CAMP-RIGBY ROOFING: Hires Henderson as Tax and Corporate Counsel
----------------------------------------------------------------
Camp-Rigby Roofing-Sheetmetal Contractors, Inc. and Harry Vincent
Camp and Carol Frederick Camp, seek authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ
Henderson Franklin Starnes & Holt, P.A. as tax and corporate
counsel to the Debtors.

Camp-Rigby Roofing requires Henderson to represent the Debtors
pertaining to tax matters and corporate business matters in the
bankruptcy proceedings.

Guy E. Whitesmen, shareholder of the law firm of Henderson Franklin
Starnes & Holt, 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 Debtors and their estates.

Henderson can be reached at:

     Guy E. Whitesmen, Esq.
     HENDERSON FRANKLIN STARNES & HOLT, P.A.
     1715 Monroe Street
     Fort Myers, FL 33901
     Tel: (239) 344-1100

                       About Camp-Rigby

Camp-Rigby Roofing-Sheetmetal Contractors, Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M. D. Fla. Case No.
16-05366) on June 22, 2016, disclosing under $1 million in both
assets and liabilities. The Debtor is represented by Richard A
Johnston, Jr., Esq., at Johnston Law, PLLC.

No official committee of unsecured creditors has been appointed in
the case.



CAMPBELL GRAPHICS: Recovery for Unsecured Creditors Unknown
------------------------------------------------------------
Campbell Graphics, Inc., filed with the U.S. Bankruptcy Court for
the Eastern District of Virginia a disclosure statement for the
Debtor's plan of reorganization.

Under the Plan, Class 6 General Unsecured Claims estimated at
$602,376.67 are impaired.  General Unsecured Claims will share pro
rata 12 quarterly distributions in the amount of 50% of quarterly
net cash flow.  The extent of the recovery for Class 6 Claims is
speculative.  Class 6 Claims may receive little to no recovery.

Cash consideration necessary for the Reorganized Debtor to make
payments or distributions pursuant to the Plan will be obtained
from ongoing business operations.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/vaeb16-30523-90.pdf

Headquartered in Richmond, Virginia, Campbell Graphics, Inc., dba
AlphaGraphics No. 521 filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Va. Case No. 16-30523) on Feb. 9, 2016, estimating its
assets at between $100,000 and $500,000 and liabilities at between
$1 million and $10 million.  The petition was signed by Craig H.
Campbell, Sr., president.

Judge Kevin R. Huennekens presides over the case.

Robert S. Westermann, Esq., and Rachel A. Greenleaf, Esq., at
Hirschler Fleischer, P.C., in Richmond, Virginia, serves as the
Debtor's bankruptcy counsel.


CAREDX INC: Has to Reduce Costs to Continue as a Going Concern
--------------------------------------------------------------
CareDx, Inc., filed its quarterly report on Form 10-Q, disclosing a
net loss of $10.49 million on $10.73 million of total revenue for
the three months ended June 30, 2016, compared to a net loss of
$3.18 million on $7.13 million of total revenue for the same period
in 2015.

As of June 30, 2016, CareDx had $100.45 million in total assets,
$67.94 million in total liabilities, all current and a total
shareholders' equity of $32.52 million.

On June 10, 2016, the Centers for Medicare and Medicaid Services
("CMS"), announced proposed changes in reimbursement for a number
of established molecular diagnostic tests, including AlloMap.
Under the draft fee schedule, which would become effective on
January 1, 2017, AlloMap reimbursement from CMS for patients
covered by Medicare would be reduced from $2,821 to $732.  The
draft fee schedule was subject to an open comment period through
August 10, 2016, and has not yet been adopted as final.  The
Company provided comments to CMS.  If the current proposal is
adopted, it could cause the Company to discontinue testing for
Medicare patients.  Given the significant portion of payments to
the Company represented by Medicare, any resulting lower test
revenue would have a material adverse effect on the Company's
operations.

Absent additional and sufficient financing, in addition to Danske
not demanding repayment of the outstanding debt, the Company will
likely exhaust its cash and cash equivalents in the quarter ending
December 2016 unless the Company substantially reduces its costs
and operations, including research and development activities,
marketing activities and programs, and other general and
administrative expenses.   As a result of the Company's obligations
and lack of immediately available financial resources, there is
uncertainty regarding the Company's ability to maintain liquidity
sufficient to operate its business effectively, which raises
substantial doubt about the Company's ability to continue as a
going concern.  If the Company is unsuccessful in its efforts to
raise outside financing or refinance the Company's indebtedness in
the near term, the Company will be required to significantly reduce
or cease operations.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/7t9Jun

Based in Brisbane, Calif., CareDx, Inc., together with its
subsidiaries acquired in the acquisition of Allenex AB, is global
transplant diagnostics company with product offerings along the
pre- and post-transplant continuum.  The Company focuses on
discovery, development and commercialization of clinically
differentiated, high-value diagnostic surveillance solutions for
transplant patients.  In post-transplant diagnostics, the Company
offers AlloMap, which is a heart transplant molecular test.  In
pre-transplant diagnostics, the Company offers Olerup SSP, a set of
Human Leukocyte Antigen ("HLA") typing used prior to hematopoietic
stem cell/bone marrow transplantation and organ transplantation.



CARLMAC-MCKINNONS: Seeks Plan Filing Extension Through Jan. 2017
----------------------------------------------------------------
Carlmac-McKinnon's, Inc. seeks from the U.S. Bankruptcy Court for
the District of Massachusetts a 120-day extension of the exclusive
periods for filing a Plan of Reorganization and soliciting
acceptances thereof from Sept. 16, 2016 to Jan. 16, 2017.

The Debtor has accepted an offer for the sale of its retail meat
market and grocery store business located at 239A Elm Street,
Somerville, Massachusetts.  Presently, the Debtor is finalizing the
Asset Purchase Agreement with the expectation that a sale can be
consummated by Nov. 30, 2016.  The Debtor believes that it needs
more time to market for sale and seek to obtain the best possible
sale price for the Debtor's business.

Counsel for Carlmac-McKinnon's, Inc.:

          Nina M. Parker, Esq.
          Parker & Associates
          10 Converse Place, Suite 201
          Winchester, MA 01890
          Telephone: (781) 729-0005  
          Email:  nparker@ninaparker.com

                         About Carlmac-McKinnon's, Inc.

Carlmac-McKinnon's, Inc., owns and operates a retail meat market
and grocery store located in Somerville, Massachusetts, from which
it generates its revenues.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Mass. Case No. 15-14530) on Nov. 23, 2015.  The petition was signed
by Clementino Palmariello, president, director, and shareholder.
Nina M. Parker, Esq., at Parker & Associates, serves as the
Debtor's bankruptcy counsel.  The Debtor estimated assets at
$50,001 to $100,000 and liabilities at $500,001 to $1 million at
the time of the filing.


CCH JOHN EAGAN: Hires Meridian Advisors as Appraiser
----------------------------------------------------
CCH John Eagan II Homes, L.P., seeks authority from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Robert Ryan, MAI, of Meridian Advisors as appraiser to the Debtor.

CCH John Eagan requires Meridian Advisors to provide an appraisal
report on the Debtor's property, the Magnolia Park Apartments Phase
II, located at 60 Paschal Boulevard, City of Atlanta, Fulton
Country, Georgia 30314.

Meridian Advisors will be paid an appraisal fee of $5,000, and a
retainer in the amount of $2,500.

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

Robert L. Ryan, principal of Meridian Advisors, 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.

Meridian Advisors can be reached at:

     Robert L. Ryan
     MERIDIAN ADVISORS
     1820 Shelburne Ridge
     Marietta, GA 30068
     Tel: (678) 718-7560

                       About CCH John Eagan

Headquartered in Palm Beach Gardens, Florida, CCH John Eagan II
Homes, L.P., owns and operates a 180 unit multifamily apartment
complex in Atlanta, Georgia commonly known as Magnolia Park
Apartments Phase II. It filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-31082) on Dec. 1, 2015, and is
represented by Eric A. Rosen, Esq., at Fowler White Burnett, P.A.

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

Judge Erik P. Kimball presides over the case.

The petition was signed by Yashpal Kakkar, managing member, CCH
John Eagan II Partners, LLC, GP.

No official committee of unsecured creditors has been appointed in
the case.



CCH JOHN EAGAN: Wants Solicitation Period Moved Thru Confirmation
-----------------------------------------------------------------
CCH John Eagan II Homes, L.P.  requests the U.S. Bankruptcy Court
for the Southern District of Florida to extend the exclusive Plan
solicitation period through confirmation of the Debtor's amended
plan.

The Debtor relates that it filed its Chapter 11 Plan and Disclosure
Statement on July 15, 2016, and subsequently amended its Plan and
Disclosure Statement, which was approved by the Court, and a
confirmation has been scheduled for Oct. 19, 2016.

                           About CCH John Eagan
     
Headquartered in Palm Beach Gardens, Florida, CCH John Eagan II
Homes, L.P., owns and operates a 180 unit multifamily apartment
complex in Atlanta, Georgia commonly known as Magnolia Park
Apartments Phase II.  It filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-31082) on Dec. 1, 2015, and is
represented by Eric A. Rosen, Esq., at Fowler White Burnett, P.A.

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

Judge Erik P. Kimball presides over the case.

The petition was signed by Yashpal Kakkar, managing member, CCH
John Eagan II Partners, LLC, GP.


CHESAPEAKE ENERGY: S&P Lowers CCR to 'SD' on Early Settlement
-------------------------------------------------------------
S&P Global Ratings lowered the corporate credit rating on Oklahoma
City-based Chesapeake Energy Corp. to 'SD' from 'CC' following the
early settlement of accepted nonconvertible senior notes tendered
prior to the early tender date (Aug. 25, 2016), under its tender
offer for nonconvertible senior notes that commenced on Aug. 15,
2016.  S&P viewed the below-par tender offer for the 2020 and 2023
senior notes as a distressed transaction.

At the same time, S&P lowered the ratings on its 6.625% notes due
2020, 6.875% notes due 2020, and 5.75% notes due 2023 to 'D' from
'CC'.  The recovery rating remains '6', reflecting S&P's
expectation of negligible (0%-10%) recovery in the event of a
payment default.

S&P is also correcting the ratings on Chesapeake's 2.75%
convertible notes due 2035 and euro-denominated notes due 2017 by
placing them on CreditWatch with positive implications, in line
with the company's other debt not subject to a below par exchange
or tender offer.  The recovery ratings on these issues remain '6'.

The issue-level ratings on the company's first-lien and second-lien
debt are unaffected by this action and remain on CreditWatch with
positive implications.

The downgrade follows the early settlement of accepted
nonconvertible senior notes tendered prior to the early tender date
(Aug. 25, 2016) of Chesapeake's $800 million tender offer for its
nonconvertible senior notes.  S&P views the tenders on the 6.625%
notes due 2020, 6.875% notes due 2020, and 5.75% notes due 2023 as
a selective default because investors received a material discount
to par on these notes.

The positive CreditWatch listings on the first-lien credit
facility, first-lien second-out term loan facility, second-lien
notes, and certain senior unsecured notes reflect the potential to
raise the corporate credit rating to 'CCC+' when S&P reassess
Chesapeake following the close of the nonconvertible senior note
tender on Sept. 26, 2016.  

The potential upgrade reflects the material improvement to
liquidity over the next 12 months following the tenders for its
contingent convertible and nonconvertible senior notes, including
the refinancing of about $600 million convertible notes due 2037
(putable May 15, 2017), significant debt reduction over the past
year, and the benefits following the conveyance of its Barnett
Shale assets.  These benefits include an expected $200 million to
$300 million annual increase to operating income through 2019,
incorporating the elimination of estimated minimum volume
commitments (MVCs) related to the Barnett of $170 million through
the remainder of 2016 and $230 million in 2017.  Additionally, the
CreditWatch placement reflects the expected positive impact to the
PV-10 value of proved reserves following the Barnett conveyance,
which Chesapeake estimates at about $550 million under SEC
guidelines, and the potential that S&P could raise recovery
expectations on the second lien and unsecured notes.

S&P expects to review the corporate credit rating and resolve the
CreditWatch listings soon after the close of the tender offer on
Sept. 26, 2016.



CHS/COMMUNITY HEALTH: Moody's Affirms B2 CFR, Outlook Developing
----------------------------------------------------------------
Moody's Investors Service changed the rating outlook for
CHS/Community Health Systems, Inc. to developing from stable.
Moody's also affirmed the company's existing ratings, including its
B2 Corporate Family Rating and B2-PD Probability of Default Rating.
The rating actions follow the company's announcement that
Community is exploring a variety of options with financial
sponsors, as well as other potential alternatives.

The change in the rating outlook to developing reflects Moody's
uncertainty about the outcome of the company's strategic review,
including the impact on the Community's capital structure and
operations.  Moody's will continue to follow developments as they
are available to determine the impact on existing creditors.

Following is a summary of Moody's rating actions.

Ratings affirmed:
  Corporate Family Rating at B2
  Probability of Default Rating at B2-PD
  Senior secured bank credit facilities at Ba3 (LGD 2)
  Senior secured notes at Ba3 (LGD 2)
  Senior unsecured notes at Caa1 (LGD 5)
  Speculative Grade Liquidity Rating at SGL-2

The rating outlook was revised to developing from stable.

                        RATINGS RATIONALE

Community's B2 Corporate Family Rating reflects Moody's expectation
that the company will continue to operate with very high financial
leverage.  While planned asset sales will allow the company to
repay debt, the impact on leverage will be limited given the
significant amount of debt outstanding and the foregone EBITDA.
Supporting the rating is Moody's acknowledgment of Community's
large scale and strong market presence.  Moody's anticipates that
the company will continue to see stable to improving margin
performance in the near term from a number of operational
improvement initiatives.

Moody's could upgrade the ratings if operational initiatives result
in volume growth that remains on par with the peer group and good
liquidity is maintained.  Further, Community will have to reduce
and sustain debt to EBITDA at close to 5.0 times before Moody's
would consider an upgrade.

If the company is not able to sustain debt to EBITDA below 6.0
times, the ratings could be downgraded.  The ratings could also be
downgraded if Community completes a significant debt financed
acquisition or share repurchase.  Finally, if liquidity weakens,
either because of operational shortfalls or adverse developments
related to ongoing investigations, Moody's could downgrade the
ratings.

CHS/Community Health Services, Inc., headquartered in Franklin,
Tennessee, is an operator of general acute care hospitals in
non-urban and mid-sized markets throughout the US. Community
recognized approximately $19.2 billion in revenue for the twelve
months ended June 30, 2016.

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


CITIES GRILL: Court Allows Cash Collateral Use Until Sept. 22
-------------------------------------------------------------
Judge Catharine R. Aron of the U.S. Bankruptcy Court for the Middle
District of North Carolina authorized Cities Grill and Bar, Inc.,
to use cash collateral on an interim basis, until
Sept. 22, 2016.

The Debtor's secured creditors are CommunityOne Bank, N.A.,
NewBridge Bank, and the Internal Revenue Service.

Judge Aron acknowledged that there is some confusion as to which
creditors have security upon the cash receivables of the
corporation, and that the Debtor and the Creditors need some time
to confirm the security held by their respective UCC filings and
lien positions between them.

The approved Budget provides for total non debt expenses in the
amount of $67,900.

While the Debtor was not required to make any adequate protection
payments to the Creditors, the Debtor was directed to provide
CommunityOne Bank, N.A., NewBridge, the Internal Revenue Service,
GRP Funding, and the Bankruptcy Administrator, a budget to actual
report, reflecting the actual income received and the expenses
incurred during the previous month compared to the budget.

A further hearing on the Debtor's use of cash collateral is
scheduled on Sept. 22, 2016 at 2:00 p.m.

A full-text copy of the Order, dated Sept. 16, 2016, is available
at https://is.gd/ouwAEW

A full-text copy of the approved Budget, dated Sept. 16, 2016, is
available at
https://is.gd/DKRepf

                 About Cities Grill and Bar

Cities Grill and Bar, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D.N.C. Case No. 16-50876) on Aug. 25,
2016.  The petition was signed by Sammy Ballas, vice president.
The case is assigned to Judge Catharine R. Aron.  At the time of
filing, the Debtor disclosed total assets at $3.28 million and
total liabilities at $3.01 million.



CJ HOLDING: Creditors' Panel Hires Greenberg Traurig as Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of CJ Holding Co., et
al., seeks authorization from the U.S. Bankruptcy Court for the
Southern District of Texas to retain Greenberg Traurig, LLP as
counsel for the Committee.

The Committee requires Greenberg Traurig to:

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

     b. assist and advise the Committee in its consultations with
the Debtors in connection with the administration of these Cases;

     c. assist the Committee in its investigation of the acts,
conduct, assets, liabilities, and financial condition of the
Debtors, operation of the Debtors' businesses and the desirability
of continuing or selling such businesses and/or assets under
Bankruptcy Code section 363, the formulation of a chapter 11 plan,
and other matters relevant to these Cases;

     d. assist the Committee in analyzing the claims of the
Debtors' creditors and the Debtors' capital structure and in
negotiating with holders of claims and equity interests, including
analysis of possible objections to the nature, extent, validity,
priority, amount, subordination, or avoidance of claims and/or
transfers of property in consideration of such claims;

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

     f. appear before this Court, any other federal, state, or
appellate court;

     g. prepare, on behalf of the Committee, any pleadings,
including without limitation, motions, memoranda, complaints,
objections, and responses to any of the foregoing; and

     h. perform all other legal services as may be required or are
otherwise 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, Bankruptcy Rules, or other applicable law.

Greenberg Traurig lawyers and paralegals who will work on the
Debtors' cases and their hourly rates are:

     Shari L. Heyen (Shareholder)       $890
     David B. Kurzweil (Shareholder)    $875
     Lenard M. Parkins (Shareholder)    $1,300
     Karl Burrer (Shareholder)          $650
     Annapoorni Sankaran (Shareholder)  $675
     David R. Eastlake (Associate)      $500
     Hiba Kazim (Associate)             $390
     Jonathan Strom (Associate)         $250
     Gail Jamrok (Senior Paralegal)     $320

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

Shari L. Heyen, shareholder at the firm of Greenberg Traurig, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

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

    -- Greenberg Traurig was not selected to represent the
Committee until after it was appointed by the United States Trustee
on August 2, 2016, i.e., post-petition. Greenberg Traurig's billing
rates increased at the beginning of 2016 from its rates in 2015,
but its rates have not increased following the Petition Date.

    -- The Committee and Greenberg Traurig expect to develop a
prospective budget and staffing plan, recognizing that in the
course of these Cases, there may be unforeseeable fees and expenses
that will need to be addressed by the Committee and Greenberg
Traurig.

Greenberg Traurig can be reached at:

      Shari L. Heyen, Esq.
      Greenberg Traurig, LLP
      The Wells Fargo Building
      1000 Louisiana Street, Suite 1700
      Houston, TX 77002
      Tel: +1 713.374.3500
      Fax: +1 713.374.3505
      E-mail: heyens@gtlaw.com

                       About C&J Energy



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



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



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

U.S. Trustee Judy A. Robbins appointed five creditors to serve on
the official committee of unsecured creditors in the Chapter 11
case of CJ Holding Co., et al.



CLAIRE'S STORES: Gets Waiver Amid Advanced Talks on Debt Swap
-------------------------------------------------------------
Lindsey Rupp and Jodi Xu Klein, writing for Bloomberg News,
reported that Claire's Stores Inc., the retailer owned by Apollo
Global Management LLC, said it's now in "advanced discussions" with
a key lender about allowing its stalled recovery plan to proceed
after missing a debt payment.

According to the report, citing a regulatory filing, the lender
waived declaring a default as the tween jewelry chain continues to
negotiate changes to its Europe credit facility.  The accord with
the unspecified lender would include consents to complete a debt
swap and obtain cash, Claire's said, the report related.

Claire's also received a waiver from lenders to its U.S. credit
line, assuming the company is able to complete the pending exchange
offer, the report further related, citing the filing.  Without the
waivers, the retailer would have been in violation of covenants
governing its fixed-charge cover ratio under the European credit
facility and the total net secured leverage ratio under the U.S.
credit line as of July 30, the report said, citing Claire's.

The company missed $77 million of interest payments due Sept. 15 on
some of its notes, citing the European lender's refusal to approve
the pending debt swap, and said it would use a 30-day grace period
to find a solution, the report noted.

                      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.


CLAIRE'S STORES: Opts to Delay Interest Payments on Debt
--------------------------------------------------------
Claire's Stores, Inc., a specialty retailer of fashionable jewelry
and accessories for young women, teens, tweens, and kids, on Sept.
15 announced its election to delay making interest payments on
certain outstanding debt; provided an update on its note exchange
offer and Europe credit facility refinancing; and reported its
financial results for the fiscal 2016 second quarter, which ended
July 30, 2016.

Election to Delay Interest Payments and Enter 30-Day Grace Period

The Company on Sept. 15 its election to delay interest payments due
Sept. 15, 2016 on its outstanding 6.125% Senior Secured First Lien
Notes due 2019 (the "6.125% Notes"), 9.00% Senior Secured First
Lien Notes due 2019 (the "9.00% Notes" and together with the 6.125%
Notes, the "First Lien Notes") and 8.875% Senior Secured Second
Lien Notes due 2019 (the "Second Lien Notes" and, together with the
First Lien Notes, the "Secured Notes") pending completion of the
Exchange Offer and the Europe Credit Facility Refinancing.
Non-payment of this interest would become an event of default under
the indentures governing the Secured Notes only if the payment is
not made within 30 days.  The total amount of interest due
September 15, 2016 is approximately $77 million.  This includes
approximately $10 million of interest accrued on Second Lien Notes
that have been tendered in the Exchange Offer, and which will be
cancelled upon completion of the Exchange Offer.

The Company is continuing to pay employees, suppliers and trade
creditors and to fund current operations on an ongoing basis.

The Company has approximately $2,533.3 million of outstanding
indebtedness, including $210.0 million aggregate principal amount
of 6.125% Notes, $1,125.0 million aggregate principal amount of
9.00% Notes and $450.0 million aggregate principal amount of Second
Lien Notes.

Under the indentures governing each series of Secured Notes, the
Company has a 30-day grace period after the interest payment date
before an event of default would occur on October 15, 2016.  The
occurrence of an event of default under the indentures would give
the trustee or the holders of at least 30% of principal amount of
each series of Secured Notes the option to declare all of the
Secured Notes of such series due and payable immediately upon such
event of default.  Additionally, failure to make the interest
payments on the Secured Notes when due at the end of such grace
period would constitute an event of default under certain of the
Company's other outstanding indebtedness.

Exchange Offer

On Aug. 12, 2016, the Company commenced a private offer to exchange
(the "Exchange Offer"), upon the terms and conditions set forth in
a confidential offer to exchange statement dated August 12, 2016
and a related letter of transmittal, any and all $450.0 million
aggregate principal amount of Second Lien Notes, $320.0 million
aggregate principal amount of its 7.750% Senior Notes due 2020 (the
"Unsecured Notes"), and approximately $26.5 million aggregate
principal amount of its 10.500% Senior Subordinated Notes due 2017
not held by Claires Inc., the Company's parent (the "Subordinated
Notes", and collectively with the Second Lien Notes and the
Unsecured Notes, the "Notes") held by eligible holders, for up to
$40.0 million of new Senior Secured Term Loans maturing 2021 of the
Company (the "Claire's Stores Term Loans"), up to $130.0 million of
new Senior Secured Term Loans maturing 2021 of CLSIP LLC, which is
a newly formed unrestricted subsidiary of the Company (the "CLSIP
Term Loans") and up to $60.0 million of new Senior Term Loans
maturing 2021 of Claire's (Gibraltar) Holdings Limited ("Claire's
Gibraltar"), the holding company of the Company's European
operations (the "Claire's Gibraltar Term Loans", and collectively
with the Claire's Stores Term Loans and the CLSIP Term Loans, the
"Term Loans").

To the extent the Exchange Offer is not fully subscribed, certain
funds managed by affiliates of Apollo Global Management, LLC (the
"Apollo Funds") and Claire's Inc.( together with the Apollo Funds,
the "Affiliated Holders"), have agreed to effect a similar exchange
of up to approximately $183.6 million aggregate principal amount of
Claire's Stores' 10.500% PIK Senior Subordinated Notes due 2017
held by the Apollo Funds and up to approximately $58.7 million
aggregate principal amount of Subordinated Notes held by Claire's
Inc., which exchange will count towards satisfaction of the
Exchange Offer's $400 million Minimum Tender Condition (the
"Affiliated Holder Exchange").

On August 29, 2016, the Company announced amended terms of the
Exchange Offer as set forth in a confidential amended and restated
offer to exchange statement dated August 29, 2016 and a related
letter of transmittal.  The Company also announced that holders of
approximately $300 million aggregate principal amount of Notes had
committed to participate in the Exchange Offer.

The Exchange Offer is currently scheduled to expire at one minute
after 11:59 P.M. New York City time on September 15, 2016 (unless
extended by the Company).  Subject to the satisfaction or waiver of
the conditions precedent, the closing of the transactions
contemplated by the Exchange Offer is expected to occur promptly
after the expiration.

As of Sept. 15, 2016, approximately $333.0 million aggregate
principal amount of Notes had been tendered, including
approximately $228.9 million aggregate principal amount of Second
Lien Notes, approximately $103.3 million aggregate principal amount
of Unsecured Notes and approximately $0.8 million aggregate
principal amount of Subordinated Notes.  Based on such tenders and
the Affiliated Holder Exchange, approximately $575 million of the
Company's outstanding debt will be exchanged for approximately $179
million of new Term Loans.  The Company estimates annual cash
interest savings of approximately $24 million as a result of the
consummation of the Exchange Offer.

Europe Credit Facility Refinancing

Claire's Gibraltar and certain subsidiaries are party to an
unsecured multi-currency revolving credit facility in the amount of
$50.0 million that matures August 20, 2017 (the "Europe Credit
Facility").  Consent of the lender under the Europe Credit Facility
is required for the consummation of the Exchange Offer, and in
addition, consent of the lender is required to allow Claire's
Gibraltar to distribute cash to the Company in an amount required
to enable the Company to fund its near term debt service and other
obligations, including the interest payment on the Secured Notes
due September 15, 2016.  As of the date hereof, the lender has
declined to provide such consents.

The Exchange Offer is conditioned on (i) the lender agreeing to an
amendment satisfactory to Claire's Gibraltar providing the
foregoing consents, or (ii) the refinancing of the Europe Credit
Facility with new debt arrangements satisfactory to the Company and
Claire's Gibraltar that allow the Exchange Offer and distributions
of cash from Claire's Gibraltar in amounts sufficient for Claire's
Stores to fund its near term debt service and other obligations.
This condition to the Exchange Offer cannot be waived by the
Company.

The Company continues discussions with the lender with respect to a
refinancing of the Europe Credit Facility that will include the
required consents, and has also has entered into discussions with
several potential lenders in an effort to refinance the Europe
Credit Facility.  In connection with these discussions, the Company
has made available certain financial information regarding Claire's
Gibraltar to enable potential lenders to evaluate their ability to
lend to Claire's Gibraltar.  The financial information that has
been provided to potential lenders is substantially the same as the
financial information contained in this press release.

Second Quarter Results

The Company reported consolidated net sales of $317.2 million for
the fiscal 2016 second quarter, a decrease of $30.4 million, or
8.8% compared to the fiscal 2015 second quarter.  The decrease was
attributable to a decrease in same store sales, the effect of store
closures, an unfavorable foreign currency translation effect of the
Company's non-U.S. net sales and decreased shipments to
franchisees, partially offset by an increase in new concession
store sales and new store sales.  Net sales would have decreased
7.3% excluding the impact of foreign currency exchange rate
changes.

North America net sales were $194.8 million for the fiscal 2016
second quarter, a decrease of $15.8 million, or 7.5% compared to
the fiscal 2015 second quarter.  The decrease was attributable to
the effect of store closures, a decrease in same store sales,
decreased shipments to franchisees and an unfavorable foreign
currency translation effect of the Company's non-U.S. net sales,
partially offset by an increase in new concession store sales and
new store sales.  Sales would have decreased 7.2% excluding the
impact from foreign currency exchange rate changes.

Europe net sales were $122.4 million for the fiscal 2016 second
quarter, a decrease of $14.6 million, or 10.7% compared to the
fiscal 2015 second quarter.  The decrease was attributable to a
decrease in same stores sales, an unfavorable foreign currency
translation effect of our non-U.S. net sales and, the effect of
store closures, partially offset by an increase in new concession
store sales and new store sales.  Sales would have decreased 7.4%
excluding the impact from foreign currency exchange rate changes.

Consolidated same store sales decreased 5.7%, with North America
same store sales decreasing 4.4% and Europe same store sales
decreasing 7.8%.  The Company computes same store sales on a local
currency basis, which eliminates any impact from changes in foreign
currency exchange rates.  From the end of the second fiscal quarter
through September 14, 2016, quarter-to-date same store sales
percentages for consolidated, North America, and Europe were all
approximately flat.

Consolidated gross profit percentage decreased 230 basis points to
46.2% during the fiscal 2016 second quarter versus 48.5% for the
prior year quarter.  This decrease in gross profit percentage
consisted of a 160 basis point decrease in merchandise margin and
an 80 basis point increase in occupancy costs, partially offset by
a 10 basis point decrease in buying and buying-related costs.  The
decrease in merchandise margin percentage resulted primarily from
higher markdowns and sales mix.  The increase in occupancy costs,
as a percentage of net sales, resulted primarily from the
deleveraging effect of a decrease in same store sales.   

North America gross profit percentage decreased 240 basis points to
46.1% during the fiscal 2016 second quarter versus 48.5% for the
prior year quarter.  The decrease in gross profit percentage
consisted of a decrease in merchandise margin of 130 basis points,
a 90 basis point increase in occupancy costs and a 20 basis point
increase in buying and buying-related costs.  The decrease in
merchandise margin resulted primarily from higher markdowns and
increased shrink.  The increase in occupancy costs, as a percentage
of sales, resulted primarily from the deleveraging effect from a
decrease in same store sales.

Europe gross profit percentage decreased 220 basis points to 46.3%
during the fiscal 2016 second quarter versus 48.5% for the prior
year quarter.  The decrease in gross profit percentage consisted of
a 200 basis point decrease in merchandise margin and a 70 basis
point increase in occupancy costs, partially offset by a 50 basis
point decrease in buying and buying-related costs.  The decrease in
merchandise margin resulted primarily from sales mix and
unfavorable foreign exchange rates.  The increase in occupancy
costs, as a percentage of sales, resulted primarily from the
deleveraging effect from a decrease in same store sales.   

Selling, general and administrative expenses decreased $4.0
million, or 3.4%, compared to the fiscal 2015 second quarter.  As a
percentage of net sales, selling, general and administrative
expenses increased 190 basis points.  Selling, general, and
administrative expenses would have decreased $2.2 million excluding
a favorable $1.8 million foreign currency translation effect.
Besides the foreign currency translation effect, the remainder of
the decrease was primarily due to lower compensation and related
expenses, partially offset by increased concession store commission
expense.   

Adjusted EBITDA in the fiscal 2016 second quarter was $37.3 million
compared to $59.9 million last year.  Adjusted EBITDA would have
been $39.1 million excluding both foreign currency translation
effect and the unfavorable foreign exchange effect on merchandise
margin in the second quarter of 2016.  The Company defines Adjusted
EBITDA as earnings before income taxes, net interest expense,
depreciation and amortization, loss (gain) on early debt
extinguishments, and asset impairments.  Adjusted EBITDA excludes
management fees, severance, the impact of transaction-related costs
and certain other items.

As of July 30, 2016, cash and cash equivalents were $75.3 million.
The Company was fully drawn on its credit facilities as of July 30,
2016.  The fiscal 2016 second quarter cash balance increase of
$26.4 million consisted of positive impacts of $37.3 million of
Adjusted EBITDA, $13.7 million from seasonal working capital
sources and $3.8 million from net borrowings under the credit
facilities, offset by reductions for $19.4 million of cash interest
payments, $4.3 million of capital expenditures and $4.7 million for
tax payments and other items.

Store Count as of:  July 30, 2016     Jan. 30, 2016    Aug. 1,
2015
                    -------------     -------------   
------------
North America           1,699            1,741             1,808

Europe                  1,102            1,126             1,146

Subtotal
Company-operated        2,801            2,867             2,954

Franchise                 596              539               457

Total global stores     3,397            3,406             3,411

Concession stores         806              709               327

                     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.


COLLAVINO CONSTRUCTION: CCCI Unsecureds To Recoup 55%-70% in Plan
-----------------------------------------------------------------
Collavino Construction Co. Inc. and Collavino Construction Co.
Limited filed with the U.S. Bankruptcy Court for the Southern
District of New York a first amended disclosure statement for the
Debtors' first amended Chapter 11 plan of liquidation.

The Plan is a plan of liquidation that is based upon a proposed
settlement between the Debtors and the Port Authority regarding the
WTC Claim.  The Plan will be funded by the Port Authority's payment
of the WTC Claim Proceeds to the Debtors on the Effective Date,
together with any other available cash generated through the
liquidation of the Estates.  The Plan also contemplates the
transfer from CCCL to CCCI of one million ($1,000,000) dollars in
funds in excess of the amount of CCCI's allowed general unsecured
claim against CCCL to increase the funds available for distribution
to the creditors of CCCI's estate.  As a part of the proposed
settlement, the Port Authority will make a substantial contribution
to the Debtors by sponsoring the Plan through the payment of the
WTC claim proceeds to the estates and withdrawing the PA claims.
The Plan also provides for third party releases of the Port
Authority by the Debtors and any creditor or other party receiving
any benefit under the Plan from any and all claims relating to the
Debtors and the Chapter 11 cases.  These releases are warranted
because of the unique circumstances in these Chapter 11 cases.  In
that regard, the payment of the WTC Claim Proceeds by the Port
Authority represents the only means available to provide a
significant distribution to the Debtors' respective creditors.
Absent approval of the Debtors' settlement of the WTC Claim and PA
Claims with the Port Authority through the confirmation of the
Plan, the Debtors believe that their creditors will receive little
or no distribution on account of their Claims in these Chapter 11
cases.

Holders of Class 1A CCCL General Unsecured Claims, estimated at
$6,327,547.21 are expected to recover 100%.  This class is
unimpaired.

Holders of Class 5B CCCI General Unsecured Claims, estimated at
$3,443,778.68, are expected to recover 55% to 70%.  This class is
impaired.

The Distributions required under the Plan will be made from (i) the
WTC Claim Proceeds, and (ii) other Available Cash generated from
the liquidation of the Debtors' remaining assets, the prosecution
and enforcement of Causes of Action of the Estates, the release of
funds from the Distribution Reserve, Unclaimed Property and any
other funds received by the Debtors.

The First Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/nysb14-12908-404.pdf

As reported by the Troubled Company Reporter on Aug. 2, 2016, the
Debtor filed a plan of liquidation that is based upon a settlement
of its $87 million claim against the Port Authority of New York and
New Jersey.  That plan proposed to pay creditors through the Port
Authority officials' payment of $12.3 million to the construction
company to settle the dispute.

                   About Collavino Construction

Family-owned The Collavino Group owns entities that operate in
various sectors of the construction industry in the New York-New
Jersey metropolitan area, Canada, and the Detroit metropolitan
area.  The Collavino Group performs contracts in both the public
and private sectors as a general contractor, design-build
consultant, construction manager and prime subcontractor for
cast-in-place and precast concrete works.

CCCI sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
14-12908) on Oct. 17, 2014, CCCL sought Chapter 11 protection
(Bankr. S.D.N.Y. Case No. 15-10344) on Feb. 18, 2015.

CCCL disclosed $88,418,514 in assets and $6,274,097 in liabilities
as of the Chapter 11 filing.

Judge Shelley C. Chapman presides over the cases.  The Court has
entered an order approving joint administration of the two cases.
The Debtors tapped Cullen and Dykman LLP as counsel, and Peckar &
Abramson, P.C., as special litigation counsel.


COMMUNITY CARE: Moody's Assigns B2 CFR; Outlook Stable
------------------------------------------------------
Moody's Investors Service assigned first-time credit ratings to
Community Care Health Network, LLC ("CCHN", dba "Matrix"),
including a B2 Corporate Family Rating, a B3-PD Probability of
Default rating, and B2 ratings on a proposed $10 million first-lien
revolving credit facility and $238 million first-lien term loan.
Approximately $243 million of proceeds from the credit facilities,
$187 million of cash common equity from sponsor Frazier Healthcare
Partners, and $125 million of rolled over equity from The
Providence Service Corporation will be used to effect a stock
subscription agreement whereby Frazier will purchase a 60% interest
in PRSC's Matrix business unit.  The agreement values Matrix at
approximately $538 million, or about ten times its expected 2016
EBITDA.  The ratings outlook is stable.

Moody's assigned these ratings to Community Care Health Network,
LLC:

  Corporate Family Rating, Assigned B2

  Probability of Default Rating, Assigned B3-PD

  Senior Secured Revolving Credit Facility expiring 2021, Assigned

   B2, LGD3

  Senior Secured First-lien Term Loan due 2022, Assigned B2, LGD3

  Outlook, Assigned Stable

                        RATINGS RATIONALE

The B2 CFR takes into account Matrix's high, 4.8 times
debt-to-EBITDA leverage (on a Moody's-adjusted basis) and small,
narrowly focused $220 million revenue base that is driven by the
company's ability to drive efficiencies in providing health risk
assessments ("HRAs") for its Medicare Advantage insurance company
customers. The ratings are supported by Matrix's good, first-mover
market position, by demand characteristics for HRAs, whose annual
use is supported by the Affordable Care Act, and by demographic and
legislative trends that are currently in its favor.  Pricing trends
for HRAs, however, are not moving in Matrix's favor.  In order for
the company to sustain its historically good revenue growth, it
pushes for increased market penetration, ancillary services, and
productivity gains from its stable of more than 1,250 nurse
practitioners, who have a natural limit to the number of HRAs they
can perform in a day.  Customer concentration is high, and its
risks are plainly evident as a major insurance customer took a
significant portion of its HRA-administration function in-house
only last year, which will cause an aberrant, 1% falloff in revenue
this year.  Leverage is high as well, but it is solid for the
ratings category, while an alternative leverage measure, free cash
flow as a percentage of debt, is, at better than 7% per Moody's
expectations, quite strong for the rating. Moody's believes that
private-equity ownership implies an aggressive financial policy,
and as such leverage may fail to moderate in step with anticipated
EBITDA growth.

Moody's views Matrix's liquidity as adequate, with minimal
out-of-the-gate cash on hand, and a very small (and 50%-drawn)
revolver relative to its fixed costs, counterbalanced by very good
free-cash-flow-generation capability.

The rating outlook is stable, and reflects Moody's assumption that
the company will achieve mid- to high-single-digit revenue and
earnings growth over the next twelve months along with modest debt
reduction.  Supplemental revenue growth could be generated from
ancillary services such as the recently launched Care Direct, which
focuses on intensive in-home care of chronically ill patients and
is aimed at all insurance plan types.  The rating could be upgraded
if the company can resume the strong pace of revenue growth in 2017
while diversifying revenue sources across business lines and
bringing debt-to-EBITDA leverage towards 3.5 times.  Moody's could
downgrade the rating if revenues drop significantly, indicative,
perhaps, of a reversal in volume growth, a steeper-than-expected
falloff in HRA pricing, or a legislatively imposed change to the
scope of the HRA model; if debt-to-EBITDA leverage rises to above
5.0 times; or if free-cash-flow-to-debt falls to low-single-digit
percentages.

Community Care Health Network, LLC (dba "Matrix") is a leading
provider of home-based care management services for Medicare
Advantage health plans in the U.S., including health risk
assessments ("HRAs") and chronic and post-acute-care management.
Moody's expects the company, which will be spun out from The
Providence Service Corporation in a late-2016 buyout by Frazier
Healthcare Partners, to generate 2017 revenues of approximately
$225 million, a 5% improvement over 2016's expected level.

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


CONFIE SEGUROS: Moody's Affirms B3 CFR; Outlook Stable
------------------------------------------------------
Moody's Investors Service has affirmed the B3 corporate family
rating and B3-PD probability of default rating of Confie Seguros
Holding II Co. following the announcement that it will refinance
its existing bank facilities with a combination of new senior
secured bank facilities rated B1 and senior unsecured notes rated
Caa2.  The new mix of debt will benefit the company by extending
maturities and lowering its interest expense.  The new financing is
expected to close by early October.  The rating outlook for Confie
is stable.

                         RATINGS RATIONALE

Confie's ratings reflect the company's leading position as a
non-standard auto insurance broker focused on the Hispanic
community, along with its steady revenue growth and healthy EBITDA
margins. These strengths are tempered by the company's high
financial leverage and modest interest coverage, exacerbated by its
active acquisition strategy.  Illustrating the challenge of
integrating numerous acquisitions, in late 2015, the company
recorded a $38 million non-cash write-down of goodwill and
intangible assets associated with the acquisition of Personable
Holdings, Inc., suggesting that the profit outlook for this entity
has declined since it was acquired.  Moody's expects that Confie
will continue to pursue a combination of organic growth and
acquisitions, the latter giving rise to integration and contingent
risks (e.g., exposure to errors and omissions).

Giving effect to the proposed refinancing, Confie's pro forma
debt-to-EBITDA ratio for the 12 months through June 2016 would have
been in the range of 7-7.5x, with interest coverage in the range of
1.5x-2x, based on Moody's estimates. Such leverage is aggressive
for the firm's rating category, but Moody's expects it to decline
gradually as a result of organic growth and through the recognition
of acquired EBITDA.

Factors that could lead to an upgrade of Confie's ratings include:
(i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA - capex) coverage
of interest exceeding 2x, and (iii) free-cash-flow-to-debt ratio
exceeding 5%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio above 7.5x, (ii) (EBITDA - capex) coverage of
interest below 1.2x, or (iii) free-cash-flow-to-debt ratio below
2%.

Moody's affirmed these ratings:

  Corporate family rating B3;
  Probability of default rating B3-PD.

Moody's assigned these ratings (and loss given default (LGD)
assessments):

  $105 million 5-year senior secured revolving credit facility
   (expected to be undrawn at closing) at B1 (LGD3);
  $590 million 5.5-year senior secured term loan at B1 (LGD3);
  $350 million 6-year senior unsecured notes at Caa2 (LGD5).

Upon closing of the new financing, Moody's expects to withdraw the
existing B2 ratings on Confie's first-lien credit facilities and
Caa2 rating on its second-lien facility, as these facilities will
be repaid/terminated.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Confie is the leading US personal lines insurance broker focused on
the Hispanic community, a growing segment of the US population. The
company's primary product offering is non-standard auto insurance,
which provides coverage to drivers who find it difficult to
purchase standard or preferred auto insurance due to driving
record, claims history, vehicle type or limited financial
resources.  The company also sells modest amounts of other personal
insurance and small commercial insurance.  Confie Seguros Holding
Co. and subsidiaries generated revenues of $501 million for the 12
months through June 2016.



CONFIE SEGUROS: S&P Affirms 'B' Counterparty Credit Rating
----------------------------------------------------------
S&P Global Ratings said that it affirmed its 'B' long-term
counterparty credit rating on Confie Seguros Holding II Co.  The
outlook is stable.  At the same time, S&P assigned its 'B' rating
with a '3' recovery rating (in the upper range, indicating expected
meaningful [50%-70%] recovery expected in the event of default) to
the planned senior secured credit facilities: a five-year $105
million revolver and a five and one-half year
$590 million term loan B.  In addition, S&P assigned its 'CCC+'
rating with a '6' recovery rating (indicating negligible [0%-10%]
recovery expected) to the planned six-year $350 million senior
unsecured notes.

"Our ratings continue to reflect Confie's fair business risk
profile and highly leveraged financial risk profile," said S&P
Global Ratings credit analyst Hema Singh.  The proposed new
issuances results in neutral credit-protection measures (pro-forma
debt-to-EBITDA ratio of about 7x according to our calculations for
year-end 2016).  S&P believes Confie's sustained competitive
position, growing revenue and EBITDA base, and cash-flow generating
capabilities will enable it to support its debt level.

The stable outlook on Confie) reflects S&P's expectation that it
will maintain its leading market position in the nonstandard
automobile independent agency in the U.S. and that its merger and
acquisition (M&A) strategy will continue to boost revenues and
EBITDA growth.  Although S&P believes the company produces good
free cash flow, S&P expects it to use available cash for its
smaller acquisitions.  Therefore, S&P forecasts its financial
profile to remain highly leveraged with a debt-to-EBITDA ratio of
6.8x-7.5x, funds from operations-to-debt ratio in the high single
digits, and EBITDA coverage in the low 2.0x area.

S&P could lower the ratings in the next 12 months if Confie doesn't
meet S&P's financial expectations, is not successful in its
acquisition strategy, or incurs additional debt not supported by
prospective operating earnings.  Key metrics deterioration that
could lead to a downgrade include S&P's forecast of financial
leverage of more than 7.5x and EBITDA coverage of less than 2.0x.

It's unlikely that S&P will raise the rating in the next 12 months
given Confie's very aggressive financial policies.  If these
financial policies become less aggressive, key metrics improvement
that could lead S&P to an upgrade include maintenance of adjusted
leverage of less than 5x and coverage above 3x.


CRAIG'S GUNS: Has Until Nov. 16 to File Plan of Reorganization
--------------------------------------------------------------
Craig's Guns & Tactical, Inc. sought and obtained from the U.S.
Bankruptcy Court for the Northern District of Alabama a continuance
of the deadline to file its Plan of Reorganization and Disclosure
Statement and extension of the exclusivity period for 60 days, or
until Nov. 16, 2016.

Absent the extension, the deadline for the Debtor to file its Plan
of Reorganization and Disclosure Statement was set to expire
September 15, 2016.

The Debtor has elected to be treated as a "Small Business" in this
matter.  The Debtor said the extenuating circumstances regarding
Debtor were made known to Counsel only recently which may impair
the ability of the Debtor to propose a confirmable plan.  The
Debtor believes "the circumstances giving rise to [its extension
motion] should be resolved by mid to late October, and thus giving
the Debtor an additional 30 days to formulate a Plan after that
date."

                       About Craig's Guns & Tactical, Inc.     

Craig's Guns & Tactical, Inc. filed a Chapter 11 petition (Bankr.
N.D. Ala. Case No. 16-81045), on April 7, 2016.  The Debtor's
counsel is Stuart M. Maples at Maples Law Firm, PC of Huntsville,
AL. At the time of filing, the Debtor had  $50,000 to $100,000 in
estimated assets and $100,000 to $500,000 in estimated liabilities.
The Petition was signed by Craig A. Brown, President.


CRYSTAL ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Crystal Enterprises, Inc.
        10837 Lanham Severn Road
        Glenn Dale, MD 20769

Case No.: 16-22565

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       District of Maryland (Greenbelt)

Judge: Hon. Wendelin I. Lipp

Debtor's Counsel: Rowena Nicole Nelson, Esq.
                  LAW OFFICE OF ROWENA N. NELSON, LLC
                  1801 McCormick Drive, Suite 150
                  Largo, MD 20774
                  Tel: 301-358-3271
                  Fax: 877-728-7744
                  E-mail: rnelson@rnnlawmd.com

Total Assets: $114,844

Total Liabilities: $3.36 million

The petition was signed by Sandra Thurman Custis, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mdb16-22565.pdf


CS MINING: Creditors' Panel Hires Cohne Kinghorn as Local Counsel
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of CS Mining, LLC,
seeks authorization from the U.S. Bankruptcy Court for the District
of Utah to employ Cohne Kinghorn as local counsel for the
Committee.

The Committee requires CK to:

     a. advise the Committee of its rights, powers, and duties as
an official committee;

     b. advise the Committee with respect to its consultations with
the
Debtor and any trustee appointed in the case concerning the
administration of the case;

     c. prepare on behalf of the Committee all necessary motions,
applications, answers, orders, reports, and papers in connection
with the administration of the Debtor's case;

     d. assist the Committee in investigating the acts, conduct,
assets, liabilities, and financial condition of the Debtor, the
operation of the Debtor's business, and the desirability of the
continuance of such business, and any other matters relevant to the
case or to the formulation of a plan of reorganization;

     e. advise the Committee with respect to its participating in
the formulation of a plan of reorganization;

     f. assist the Committee in requesting, if appropriate, the
appointment of a trustee or examiner; and

     g. assist the Committee in performing such other services as
are in the interest of the Debtor's unsecured creditors.

CK will be paid at these hourly rates:

     George Hofmann       $320
     Counsel              $175-$330
     Paraprofessionals    $75-$115

George Hofman, Esq., member of Cohne Kinghorn, 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.

CK can be reached at:

     George Hofman, Esq.
     Matthew M. Boley, Esq.
     Adam Reiser, Esq.
     Cohne Kinghorn
     111 East Broadway, 11th Floor
     Salt Lake City, UT 84111
     Telephone: (801)363-4300
     Facsimile: (801)363-4378

                     About CS Mining



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



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



Judge William T. Thurman presides over the case.



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



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



The U.S. Trustee on August 12 appointed an Official Committee
of Unsecured Creditors.


DAVID'S BRIDAL: Moody's Affirms Caa1 CFR; Outlook Stable
--------------------------------------------------------
Moody's Investors Service changed David's Bridal, Inc.'s outlook to
stable from negative and affirmed all of the company's ratings,
including the Caa1 Corporate Family Rating and Caa1-PD Probability
of Default Rating.  Moody's affirmed the B3 rating on the company's
$492 million term loan and the Caa3 rating on the $270 million
senior unsecured notes.

The change in the rating outlook to stable from negative reflects
the company's improved liquidity, including its revolver extension
and expectations for positive free cash flow generation, as well as
earnings growth over the past three quarters.

Moody's took these rating actions on David's Bridal, Inc.:

   -- Corporate Family Rating, affirmed at Caa1
   -- Probability of Default Rating, affirmed at Caa1-PD
   -- $492 million ($520 million face value) senior secured term
      loan due 2019, affirmed at B3 (LGD3)
   -- $270 million senior unsecured notes due 2020, affirmed at
      Caa3 (LGD5)
   -- Stable outlook

                        RATINGS RATIONALE

The Caa1 CFR reflects David's Bridal's high leverage and
uncertainty regarding the company's ability to turn around its
operating performance on a sustained basis.  Earnings grew
substantially since LTM Q3 2015.  However, market share in the core
bridal gown segment has continued to decline due to increased
competition, challenging the company's ability to achieve
sustainable deleveraging.  Moody's expects earnings weakness in the
second half of 2016 driven by soft store traffic in part because a
website redesign has created near-term pressure on search engine
results.  Moody's anticipates a moderate recovery in 2017 as the
company laps the challenges from 2H 2016 and executes on new
marketing initiatives.  However, execution risk remains from the
planned reduction of promotional activity from currently high
levels, and any earnings improvement may not be sufficient to
de-lever the company towards a sustainable level near 6 times
credit agreement leverage.  The rating also reflects the company's
modest scale and limited product diversity as a specialty retailer
in the niche bridal category.  The rating derives key support from
David's Bridal's adequate liquidity, including the lack of
maturities until 2019, expectations for positive annual free cash
flow, and sufficient availability under the $125 million revolver.
The rating also incorporates the company's well-recognized banner
and national footprint, which give David's Bridal a credible
position in its highly fragmented market.  The bridal niche is
somewhat recession-resistant, though not immune to changes in
employment, wages and consumer confidence.

The ratings could be upgraded if the company achieves meaningful
growth in revenue and EBITDA, improving Moody's-adjusted credit
metrics to debt/EBITDA below 6.5 times and EBIT/interest expense
above 1.1 times.  An update would require maintaining an adequate
liquidity profile.

The ratings could be downgraded if operating performance materially
declines, the risk of a distressed exchange is elevated, or if
liquidity deteriorates for any reason, including negative free cash
flow.

The principal methodology used in these ratings was the Retail
Industry published in October 2015.

David's Bridal, Inc., headquartered in Conshohocken, PA, is a
bridal retailer with 307 stores throughout the U.S., 11 in Canada,
1 in Puerto Rico and 3 in the UK.  The company sells both
value-oriented wedding gowns at under $800 and higher price point
gowns up to $2,000, as well as other wedding- and special-occasions
apparel and accessories.  Revenues for the twelve months ended July
2, 2016 were approximately $778 million.  The company has been
controlled by Clayton, Dubilier & Rice, LLC (75%) and Leonard Green
& Partners, L.P. (25%) since the October 2012 buyout from Leonard
Green & Partners, L.P.


DAWN CLUNIE: Proposes 9.5% Distribution to Unsecured Creditors
--------------------------------------------------------------
Dawn M. Clunie filed a Disclosure Statement in relation to her
proposed Amended Plan of Reorganization.

Under the Plan, the Debtor proposes to continue making payments of
the Class 12 allowed unsecured claim of the Department of
Education/Navient covering the Debtor's student loans in the amount
of $156,915, at their designated interest rates outside of the
plan.

The Debtor proposes a 9.5% distribution on Class 13 Allowed
Unsecured Individual Claims on their claims totaling approximately
$39,858.96.

The Debtor has averaged approximately $14,596.54 in monthly
revenue, and her net income since the filing of her bankruptcy has
been approximately $1,265.92. The increased net income was due
significantly to reducing her monthly expenses, namely:

     (1) eliminating the monthly obligations for the second
mortgage on the Ten Mills property and entering a loan modification
for the first mortgage,

     (2) eliminating the monthly mortgage for the second mortgage
on the Beaverbrook property, and

     (3) entering a loan modification for the Beaverbrook property.
Ms. Clunie’s has also eliminated superfluous entertainment
expenses and also curtailed financial support of her extended
family.

The DIP account currently holds approximately $26,437.49.
Consequently, the DIP account will serve as the basis for
debtor’s distribution to its allowed classes of creditors.

The bankruptcy case is In re Dawn M Clunie, Case No. 15-22648
(Bankr. D. Md.).


DEBORAH A. WHITE: To Pay Student Loan, Unsecured Claims in Full
---------------------------------------------------------------
Deborah A. White filed with the Bankruptcy Court in Greenbelt,
Maryland, her Disclosure Statement and Chapter 11 Plan.

With the exception of the claim of the Debtor's counsel for
attorney's fees and the statutory claim of the United States
Trustee, the debtor does not have any priority claims.  The Debtor
further owes general unsecured claims totaling $25,042 and
unsecured student loans totaling $23,295.

Under the Plan, Class 6 consists of one general unsecured claim
owed to the U.S. Department of Education for $23,295 for student
loans.  The amount will be paid in equal monthly installments of
$300 with the contracted rate of interest per annum until the debt
is paid in full.  The payments will not begin until Class 7 is paid
in full.  Class 6 is impaired.

Under the Plan, Class 7 consists of all the general unsecured
claims against the Debtor that are not entitled to any priority.
These claims total $15,104.  The holders of Class 7 claims will be
paid in full within 30 days after the Effective Date.  Payments on
Class 7 claims will be mailed to the address of the creditor on the
proof of claim -- or, if allowed pursuant to the schedules, to the
address on the schedules -- unless the creditor files a change of
address notice with the Court.  Any check mailed to the proper
address and returned by the post office as undeliverable, or not
deposited within 180 days, will be void and the Debtor may retain
the funds.  Class 7 is not impaired.

A copy of the Debtor's Disclosure Statement is available at:

         http://bankrupt.com/misc/mdb15-19909-0130.pdf

Deborah A. White is employed by the Fairfax County Government as a
social service program coordinator.

Deborah A. White is a resident of Montgomery County, Maryland.  The
Debtor filed for bankruptcy (Bankr. D. Md. Case 15-19909) as an
emergency filing, under Chapter 13 of the Bankruptcy Code on July
15, 2015.  The case was filed to reorganize her debts and assets
and accordingly stop a tax sale of her property located at 1336
Ingraham Street, NW, Washington, DC 20011 and the foreclosure of
her property at 838 Delafield Place, NW, Washington, DC 20011.  At
the time of filing, the Debtor intended to reorganize and workout a
solution to the arrears owed to her lender on 1324 Taylor Street,
NE, Washington, DC 20017.  Upon the completion of the debtor's
filing it was determined that the Debtor was unable to continue the
Chapter 13 and she filed a motion to convert to Chapter 11 and the
court converted her case to a Chapter 11 on Nov. 25, 2015.


DENNIS EDWARDS: Unsecureds To Get Less Than 1% Under Plan
---------------------------------------------------------
Dennis Edwards filed a plan of reorganization and accompanying
disclosure statement dated Aug. 31, 2016, a full-text copy of which
is available at:

          http://bankrupt.com/misc/15-21473-63.pdf

The Plan propose that holders of Class 8 Claims (Allowed Unsecured
Claims) will receive Cash Distributions from Cash Flow anticipated
to represent well less than 1% of the Allowed Unsecured Claims
commencing on the earlier of the Effective Date, or the
availability of funds necessary to fund the Claims Distribution
Fund, in Pro Rata distribution on their Allowed Amount over 60
months from the Effective Date in adjustable monthly installments.

The Class 8 Claims will receive $731.66 per month as a base line
distribution for 60 months, which may increase should Reserves
exist; however, this $731.66 per month will act as a minimum Cash
Disbursement for Allowed Unsecured Claims.

Total Face Amount of Unsecured Claims is $9,782,031.00, subject to
reduction based upon foregoing disputes.

Dennis Edwards filed a Chapter 11 petition (Bankr. D. Md. Case No.
15-17473) on May 26, 2015.  The Debtor is a crabber and has had
some very minor real estate leasing on his own properties at the
very bottom peninsula of Piney Point in St. Mary's County,
Maryland.

The Debtor is represented by:

     John D. Burns, Esq.
     THE BURNS LAW FIRM, LLC
     6303 Ivy Lane, Suite 102
     Greenbelt, MD 20770
     Tel: (301) 441-8780
     Email: info@burnsbankruptcyfirm.com


DENNIS MEYER DANZIK: Files Plan of Reorganization
-------------------------------------------------
Dennis Meyer Danzik filed with the U.S. Bankruptcy Court for the
District of Wyoming a disclosure statement accompanying the
Debtor's original plan of reorganization dated Aug. 4, 2016.

The Debtor says in the Disclosure Statement that holders of Class 9
General Unsecured claims have filed two claims for the same sum.
The Debtor contests any liability on both of these claims.  Both
have been granted stay relief to allow the New York Court to
conclude litigation pending there.  Unfortunately, that litigation
is limited in scope and does not reach the full gambit of the
parties' claims against each other.  To date that process has
occurred all on motions.  The Debtor believes that neither RDX or
he, has filed an actual answer to the original complaint.  The
Debtor will ask the Bankruptcy Court to estimate these claims for
plan voting purposes and await any distribution until a final
resolution of the claims is judicially determined," the Debtor
states.  

Pro-rations will be escrowed during payout of all contested claims.
Class 9 class is impaired.

Since he has funded his defenses to date, the Debtor's plan pays
over to his first priority then general creditors any recovery on
all his claims including those for indemnification from RDX
Technologies Corporation  based on the Debtor's employment contract
with that company.

The Debtor's hobby, classic cars, will triple his investment in
liquidation under the proposed plan.  His commitment is to sell
them all.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/wyb16-20002-245.pdf

Dennis Meyer Danzik is one of the leading experts in the
application of radial engine technology for natural gas consumption
for mechanical and electrical energy, which the Debtor has spent
over two years in development and now has commercial applications
being contracted.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Wy. Case No. 16-20002).  The Debtor is represented by Ken
McCartney, Esq., at The Law Offices of Ken McCartney, P.C.


DJ HOLDINGS: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: DJ Holdings, LLC
        8155 County Road 13 North
        Saint Augustine, Fl 32092

Case No.: 16-03517

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       Middle District of Florida (Jacksonville)

Debtor's Counsel: Robert A Heekin, Jr., Esq.
                  THAMES MARKEY AND HEEKIN, PA
                  50 N. Laura Street, Suite 1600
                  Jacksonville, FL 32202
                  Tel: 904-358-4000
                  Fax: 904-358-4001
                  E-mail: rah@tmhlaw.net
                          abd@tmhlaw.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph M. Tuttle, manager.

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


DOLPHIN DIGITAL: Lacks Adequate Capital to Fund Obligations
-----------------------------------------------------------
Dolphin Digital Media, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $7.70 million on $7,750 of total revenues for the three months
ended June 30, 2016, compared to a net loss of $2.13 million on
$12,377 of total revenues for the three months ended June 30,
2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $11.25 million on $25,190 of total revenues compared to a
net loss of $4.41 million on $36,640 of total revenues for the six
months ended June 30, 2015.

As of June 30, 2016, Dolphin Digital had $23.11 million in total
assets, $28.49 million in total liabilities and a total
stockholders' deficit of $5.38 million.

As of June 30, 2016, the Company recorded an accumulated deficit of
$73,868,465.  Further, the Company has a working capital deficit of
$21,113,906 and therefore does not have adequate capital to fund
its obligations as they come due or to maintain or develop its
operations.  The Company is dependent upon funds from private
investors and support of certain stockholders.  If the Company is
unable to obtain funding from these sources within the next 12
months, it could be forced to liquidate.  These factors raise
substantial doubt about the ability of the Company to continue as a
going concern.  

Management is planning to raise any necessary additional funds
through loans and additional issuance of its common stock.  There
is no assurance that the Company will be successful in raising
additional capital.  The Company is currently in the process of
obtaining financing for the Prints and Advertising costs to release
one of its movies.  The Company expects to derive revenues once the
movie is released in 2016.  It currently has the rights to several
scripts that it intends to obtain financing to produce and release
during 2017.  It expects to earn a producer and overhead fee for
each of these productions.  There can be no assurances that such
productions will be released or fees will be realized in future
periods.  The Company is currently working on producing a variety
of digital projects which it intends to fund through private
investors on a project basis and expects to derive additional
revenues from these productions in the fourth quarter of 2016.
There can be no assurances that such income will be realized in
future periods.

A copy of the Form 10-Q is available at:
                              
                       https://is.gd/LkI01T

                       About Dolphin Digital

Coral Gables, Florida-based Dolphin Digital Media, Inc., is
dedicated to the twin causes of online safety for children and
high quality digital entertainment.  By creating and managing
child-friendly social networking websites utilizing state-of the-
art fingerprint identification technology, Dolphin Digital Media,
Inc. has taken an industry-leading position with respect to
internet safety, as well as digital entertainment.

Dolphin Digital reported a net loss of $4.05 million on $2.99
million of total revenue for the year ended Dec. 31, 2015,
compared
to a net loss of $1.87 million on $2.07 million of total revenue
for the year ended Dec. 31, 2014.

BDO USA, LLP, in Miami, Florida, 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, negative cash flows from operations, and
does not have sufficient working capital.  These events raise
substantial doubt about the Company's ability to continue as a
going concern.


DRYSDALE VILLAGE: Unsecureds To Be Paid in Full Under Plan
----------------------------------------------------------
The Drysdale Village, LLC, dba Frontier Village, filed with the
U.S. Bankruptcy Court for the District of Arizona a disclosure
statement dated Aug. 26, 2016, describing the Debtor's plan of
reorganization dated Aug. 26, 2016.

Under the Plan, holders of allowed Class IV General Unsecured
Creditors will be paid in full over five years in five equal annual
payments.  The Debtor will make the first payment to the
holders of Allowed Class IV Claims on the first business day that
occurs six months after the Effective Date and every year
thereafter for four years.  No interest will accrue or be paid to
the holders of the Allowed Class IV Claims.  If a Class IV Claim is
not an allowed claim prior to 30 days after the Effective Date, the
Class IV Claim will receive payment on the one year payment date
that falls after their Class IV Claim becomes an allowed claim.
Class IV is impaired.

The Plan will be funded from Debtor's post-confirmation rental
income from leasing certain commercial property located at 3780
South 4th Avenue, Yuma, Arizona 85365.  The Debtor will continue to
act as landlord for the Property, which will be managed by Realty
Executives.  Through the restructuring of its debt, Debtor believes
that it can fulfill its post-petition obligations under the Plan.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/azb16-08755-42.pdf

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, Esq., and Philip J. Giles, Esq., at 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.


EASTERN FUNDING: Hires Ehrhard & Associates as Counsel
------------------------------------------------------
Eastern Funding & Investment, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Massachusetts to employ
Ehrhard & Associates, P.C. as counsel to the Debtor.

Eastern Funding requires Ehrhard & Associates to:

   a. give the Debtor legal advice with respect to its powers and
      duties as a Debtor in the Chapter 11 proceeding;

   b. perform on behalf of the Debtor necessary applications,
      answers, orders, reports and other legal papers requires
      for the bankruptcy proceedings;

   c. perform all other legal services for the Debtor which may
      be necessary herein, and it is necessary for the Debtor to
      employ an attorney for such professional services; and

   d. represent the Debtor with the sale, refinance or
      restructuring of the property of the Debtor;

Ehrhard & Associates will be paid at these hourly rates:

     Senior Attorneys                $300
     Junior Attorneys                $275
     Paralegals                      $110

Ehrhard & Associates will be paid a retainer in the amount of
$6,500.

Ehrhard & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James P. Ehrhard, member of the law firm of Ehrhard & Associates,
P.C., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

Ehrhard & Associates can be reached at:

     James P. Ehrhard, Esq.
     EHRHARD & ASSOCIATES, P.C.
     250 Commercial Street, Suite 410
     Worcester, MA 01608
     Tel: (508) 791-8411
     E-mail: ehrhard@ehrhardlaw.com

Eastern Funding & Investment, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. D. Mass. Case No. 16-41502) on August 29, 2016,
disclosing under $1 million in both assets and liabilities. The
petition was filed pro se.

The Debtor hired Ehrhard & Associates, P.C. to serve as counsel.

No official committee of unsecured creditors has been appointed in
the case.



EDOUARD RENE JOSEPH: Unsecureds To Recoup 2.59% Under Plan
----------------------------------------------------------
Edouard Rene Joseph filed with the U.S. Bankruptcy Court for the
Southern District of Florida first amended disclosure staetment for
Edouard Rene Joseph's plan of reorganization dated Aug. 24, 2016.

Under the Plan, Class 5 Allowed General Unsecured Claims are
impaired.  On the Effective Date, holder of a Class 5 Claim will be
paid 2.59% of their claim.  Class 5 Claims are anticipated to total
$385,900.64 and will be paid a total of $10,000 on a pro rata basis
payable $166.67 monthly starting in month 1 through Month 60 of the
Plan.

The Debtor is committing his disposable income to the Plan over a
five-year period.  In the event the holder of an allowed unsecured
claim objects to confirmation of the Plan, the value of the
property to be distributed under the Plan will not be less than the
projected disposable income of the Debtor to be received during the
five-year period starting on the date that the first payment is due
under the Plan, or during the period for which the Plan provides
payments, whichever is longer.  In the event any secured or
administrative claims are paid in full prior to month 60, payment
in the amount of the secured or administrative claim will be paid
to general unsecured commencing the month after full payment and in
an amount equaling at least 90% of the prior payment made to the
secured or administrative claimant.

Funds to be used to make cash payments under the Plan will derive
from income of the Debtor.

The First Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/flsb14-20899-161.pdf

The Plan was filed by the Debtor's counsel:

     David Lloyd Merrill, Esq.
     MERRILL PA
     Trump Plaza Office Center
     525 S. Flagler Drive, Fifth Floor
     West Palm Beach, Florida 33401
     Tel: (561) 877-1111

Edouard Rene Joseph filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 14-20899).


ELDORADO RESORTS: Moody's Puts B2 CFR on Review for Upgrade
-----------------------------------------------------------
Moody's Investors Service placed Eldorado Resorts, Inc. B2
Corporate Family Rating, B2-PD Probability of Default Rating, Ba3
senior secured rating, and Caa1 unsecured rating on review for
upgrade after the company announced it has entered into a merger
agreement with Isle of Capri Casinos, Inc. Eldorado will acquire
all the outstanding shares of Isle of Capri Casinos, Inc. (B1) for
$23 per share in cash or 1.638 shares of Eldorado common stock at
the election of each Isle shareholder -- for total consideration of
approximately $1.7 billion, inclusive of Isle's $929 million of
debt.  Shareholder elections are subject to proration such that
Isle's shares will be exchanged for aggregate consideration
comprised of 58% cash and 42% Eldorado common stock.  The merger is
subject to approval by stockholders, gaming authorities and
expiration of Hart-Scott-Rodino waiting period.  The transaction is
expected to close in the second quarter of 2017.

The review for upgrade reflects the increased scale and geographic
diversification of the combined entities, reasonable pro-forma
debt/EBITDA (as most recent LTM period for each company) of
approximately 5.7x, and the ability of the combined entities to
generate free cash flow.

Ratings on review for upgrade:
  Corporate Family Rating at B2
  Probability of Default rating at B2-PD
  Revolver and Term Loan at Ba3 (LGD2)
  Senior Unsecured at Caa1 (LGD5)

                        RATINGS RATIONALE

The review for upgrade will focus on the terms and conditions of
the proposed acquisition financing, evaluation of potential cost
synergies, how quickly Eldorado can improve pro-forma credit
metrics, the combined company's go forward financial policy.

Eldorado Resorts, Inc. owns and operates seven casinos in five
states, Nevada, Louisiana, Pennsylvania, Ohio and West Virginia.
The company generated revenues of $815 million for the twelve
months ended June 30, 2016.

The principal methodology used in these ratings was Global Gaming
Industry published in June 2014.


EMR ELECTRIC: Wants FIFC Premium Finance Agreement Approval
-----------------------------------------------------------
EMR Electric Motor Rewind, L.P., asks the U.S. Bankruptcy Court for
the Southern District of Texas for authorization to enter into an
insurance premium finance agreement with FIRST Insurance Funding
Corp.

The Debtor wants to enter into the premium finance agreement in
order to finance its wind and property/inland marina insurance
polices for the policy term of July 30, 2016 to July 29, 2017.  The
Debtor relates that the coverage under the Policies is currently
bound, but the Debtor needs Court approval of the Premium Finance
Agreement so that the initial payments under the agreement can be
applied to the premium balance, and any accrued interest.

Under the Premium Finance Agreement:

     (a) the total premium amount is $23,794 and the total amount
to be financed in $17,846;

     (b) the Debtor will, upon Court approval, become obligated to
pay FIRST Insurance the sum of $17,846 in addition to a $5,949 down
payment;

     (c) the Debtor will pay the $17,846 with the interest accruing
thereon at the rate of 8.89% in 9 monthly installments of $2,057
each;

     (d) as collateral to secure the repayment of the total
payments, any late charges, attorney's fees and costs under the
Premium Finance Agreement, the Debtor is granting FIRST Insurance a
security interest in the unearned premiums of the Policies.

The Debtor believes that the terms of the Premium Finance Agreement
are commercially fair and reasonable including the granting of a
lien on the Policies to FIRST Insurance.  The Debtor submits that
authorization of the Premium Finance Agreement will ensure that the
Debtor can continue necessary operations, and will not prejudice
the legitimate interests of creditors and other parties in
interest, including the Debtor's secured creditors.

A full-text copy of the Debtor's Motion, dated Sept. 16, 2016, is
available at https://is.gdlaFJSX

               About EMR Electric Motor Rewind

Headquartered in Corpus Christi, Texas, EMR Electric Motor Rewind,
L.P., is a manufacturing and equipment repair company.  EMR
Holdings, L.L.P., owns 99% of EMR Electric Motor Rewind, L.P.

EMR Electric Motor Rewind, L.P. -- fdba Electric Motor Rewind, LP,
EMR Electrical Group, Inc., fdba Electric Motor Rewind, Inc., fdba
EMR Energy Services Management, Inc., fdba EMR Energy Services,
L.P. -- filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Tex. Case No. 16-20184) on May 11, 2016.  At the time of the
filing, EMR Electric Motor estimated both assets and liabilities in
the range of $1 million to $10 million.  EMR Holdings estimated
assets of $0 to $50,000 and debts of $1 million to $10 million.

The Chapter 11 petitions were signed by Raymond Lopez, as
authorized representative.  Judge Marvin Isgur presides over the
case.  William B Kingman, Esq., at the Law Offices of William B.
Kingman, PC, serves as the Debtors' bankruptcy counsel.


ENDEAVOR ENERGY: Moody's Raises CFR to Caa1, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service upgraded Endeavor Energy Resources,
L.P.'s Corporate Family Rating to Caa1 from Caa3, Probability of
Default Rating to Caa1-PD from Caa3-PD and the senior unsecured
notes rating to Caa2 from Ca.  The outlook was changed to stable
from negative.

"Endeavor's ratings upgrade reflects the company's significant
asset sale proceeds, which have contributed materially to reducing
its debt burden, enhanced its liquidity substantially and mitigated
the risk of a covenant breach.  The asset sales have also proved
the value of the company's Midland Basin leasehold acreage which
can serve as an additional source of liquidity," said Sreedhar
Kona, Moody's senior analyst.  "Endeavor's improved liquidity and
revised capital expenditure plan positions the company to increase
its production and reserve base in the Midland Basin while
maintaining its current credit metrics, a view reflected in our
stable outlook."

Debt List:

Issuer: Endeavor Energy Resources, L.P.

Upgrades:
  Corporate Family Rating, Upgraded to Caa1 from Caa3
  Probability of Default Rating, Upgraded to Caa1-PD from Caa3-PD
  Senior Unsecured Regular Bond/Debentures, Upgraded to Caa2
   (LGD4) from Ca (LGD 5)

Outlook Actions:
  Outlook, Changed To Stable from Negative

                         RATINGS RATIONALE

Between 2015 and now, Endeavor has executed the sale of
approximately 73,000 acres of leasehold in Permian's Delaware and
Midland basins, to raise $1.3 billion in proceeds.  The asset sales
proceeds have enabled Endeavor to completely pay down the
borrowings under its $400 million revolving credit facility and
maintain about $75 million of cash on the balance sheet as of
June 30.  Furthermore, an additional $400 million of asset sale
proceeds will be received through the first quarter of 2017.  These
proceeds, combined with greater cash flow have substantially
improved Endeavor's credit metrics and mitigated its liquidity
stress.

Endeavor's revised capital expenditure budget combined with
improved drilling cost structures, positions the company for
increased production and higher reserves, without worsening its
credit metrics or liquidity significantly.  The company's 334,000
net acres in the Midland Basin are mostly held by production and
are being steadily de-risked by the drilling activities of Endeavor
and multiple offset operators.  As a result, this acreage position
serves as a significant source of potential liquidity for Endeavor.
Endeavor's ratings are constrained by its commodity price exposure
and a lack of commodity hedges and its Midland Basin concentration.
Endeavor's ratings are also impacted by its weak historical
Leveraged Full Cycle Ratio (LFCR), which is expected to improve
materially due to drilling efficiencies achieved through the past
year.

Moody's expects Endeavor to have good liquidity through year end
2017.  The company had approximately $75 million of balance sheet
cash as of June 30, 2016 and full availability under its
$400 million borrowing base revolving credit facility due 2019.  An
additional roughly $400 million of asset sale proceeds are expected
to be received through the first quarter of 2017.  The company will
use the balance sheet cash, cash flow from operations, and
available capacity under its credit facility to fund its $277
million capital spending budget for 2016, $412 million of capital
spending in 2017 and working capital needs in 2016.  The financial
maintenance covenants under Endeavor's revolving credit agreement
include a 1.25x minimum interest coverage ratio from June 30, 2016
to December 31, 2016, stepping up to 1.5x through June 30, 2018.
The covenants also include a 2.75x maximum secured funded
debt/EBITDA ratio, a minimum current ratio of 1.0x and a maximum
net funded debt/EBITDA ratio of 5.0x, which will not be required to
be met prior to March 31, 2018. Moody's expects Endeavor will
remain in compliance with the covenants looking out to the end of
2017.

The Caa2 ratings on Endeavor's senior unsecured notes ($500 million
of 7% notes due 2021 and $300 million of 8.125% notes due 2023)
reflect their subordination to the company's $400 million borrowing
base revolving credit facility due 2019.  These borrowings have a
priority claim to the company's assets.  The size of the secured
claims relative to Endeavor's outstanding senior unsecured notes
results in the notes being rated one notch below the Caa1 CFR.

The stable outlook reflects Endeavor's good liquidity and the
potential to increase production and reserves without causing its
credit metrics to deteriorate.

Endeavor's ratings could be considered for an upgrade if its
retained cash flow to debt approaches 10%, while maintaining
adequate liquidity.  Endeavor would also need to demonstrate a
growing trend in production while achieving an LFCR approaching
1x.

The ratings may be downgraded if Endeavor's liquidity weakens
significantly or retained cash flow to debt deteriorates to less
than 5% on a sustained basis.

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

Endeavor is an independent exploration and production (E&P) company
with assets concentrated in the Permian Basin.  The company holds a
core net acreage position of approximately 334,000 acres in the
Midland Basin.  At yearend 2015, proforma for 2016 asset sales,
Endeavor had 102.5 MMBoe of proved reserves of which 75.5 MMBoe was
proved developed.  Founded in 2000, Endeavor is privately-held 100%
by Autry Stephens and family.


ENDLESS POSSIBILITIES: Disclosures Conditionally Okayed
-------------------------------------------------------
The Hon. Arthur B. Federman of the U.S. Bankruptcy Court for the
Western District of Missouri has conditionally approved Endless
Possibilities, LLC's disclosure statement describing the Debtor's
Chapter 11 plan.

Sept. 29, 2016, at 9:30 a.m. is fixed for the hearing on final
approval of the Disclosure Statement, and for the hearing on
confirmation of the Plan and related matters.

The Debtor filed the Second Amended Combined Plan and Disclosure
Statement dated Aug. 23, 2016.

Under the Plan, Class 5 General Unsecured Claims are impaired.
Class 5 will be paid over 10 years with a monthly payment of $625
starting Oct. 1, 2021, and continuing the first day of each month
thereafter for ten years until a total of $90,000 is paid.

Payments and distributions under the Plan will be funded by the
Debtor's ongoing operations.

The Debtor filed on Aug. 24, 2016, the Plan as well as the
Disclosure Statement.  The Disclosure Statement has been
conditionally approved, and the disclosure and confirmation
hearings will be combined.

Sept. 26, 2016, is the deadline for filing with the Court
objections to the Disclosure Statement or plan confirmation, and
submitting to counsel for the plan proponent ballots accepting or
rejecting the Plan.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/mowb15-42927-102.pdf

                    About Endless Possibilities

Since 1998, Endless Possibilities, LLC, has been in the business of
daycare and children's education.

Endless Possibilities, LLC, filed a Chapter 11 petition (Bankr.
W.D. Mo. Case No. 15-42927) on Oct. 6, 2015, and is represented by
Robert E. Arnold, III, Esq., at Arnold Law Firm LLC and Colin N.
Gotham, Esq., at Evans & Mullinix, P.A.


ENERGY FUTURE: NextEra Raises Bid's Cash Component to $4.4-Bil.
---------------------------------------------------------------
Peg Brickley, writing for The Wall Street Journal, reported that
NextEra Energy Inc. has boosted its offer for Energy Future
Holdings Corp.'s Oncor electricity transmission business by $300
million, quieting creditor worries about the sale that will be the
key to getting the Dallas company out of bankruptcy.

According to the report, over the weekend, NextEra agreed to
increase the cash component of its deal to $4.4 billion from $4.1
billion.  Additionally, NextEra is making other changes to the
proposed Oncor buyout that will allow Energy Future creditors to
receive $450 million more from the sale of the crown jewel business
than previously planned, the report related.

The changes were made in a 48-hour flurry of activity, Energy
Future lawyer Chad Husnick told Judge Christopher Sontchi at a
hearing in the U.S. Bankruptcy Court in Wilmington, Del., to
approve the deal, the report further related.  Judge Sontchi
authorized Energy Future to move ahead on the NextEra deal after
lawyers lined up to speak in favor of it, the report said.

"This is an improvement that's a significant improvement that
benefits all [Energy Future] creditors," Gary Kaplan, lawyer for
mutual fund giant Fidelity Management & Research Co., a former
critic, told WSJ.

                       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.


ESSAR STEEL: Hogan McDaniel & Kasowitz Benson Representing Panel
----------------------------------------------------------------
The Official Committee of Unsecured Creditors in the Chapter 11
cases of Essar Steel Minnesota LLC and ESML Holdings, Inc., filed,
through its counsel Hogan McDaniel and Kasowitz, Benson, Torres &
Friedman LLP, a verified statement, stating that on July 20, 2016,
the U.S. Trustee appointed the Committee to represent the interests
of all unsecured creditors in the Debtors' Chapter 11 cases.  The
members include:

     a. Axis Capital, Inc.
        c/o Amur Finance Company, Inc.
        One North Lexington Avenue, Suite 1101
        White Plains, NY 10601

     b. ArcelorMittal USA, LLC
        3300 Dickey Road
        East Chicago, IN 46312

     c. FLSmidth USA, Inc.
        7158 South FLSmidth Drive
        Midvale, UT 84047

The nature and amount of all disclosable economic interests held by
each Committee member in relation to the Debtors as of the
Formation Date are:

     a. Axis Capital, Inc.: approximately $3,000,0003 arising from

        the Debtors' breach of a Master Lease Agreement dated
        July 23, 2015, for the lease of certain heavy construction

        and mining equipment;

     b. ArcelorMittal USA, LLC: approximately $300,000,000 in pre-
        petition breach of contract damages, plus certain
        contractual adjustments and interests and future damages;

     c. FLSmidth USA, Inc.: approximately $5,300,0005 arising from

        the Debtors' failure to pay for goods and equipment sold
        to Debtors under multiple purchase orders.

The Committee is represented by:

     Garvan F. McDaniel, Esq.
     Daniel K. Hogan, Esq.
     HOGAN McDANIEL
     1311 Delaware Avenue
     Wilmington, Delaware 19806
     Tel: (302) 656-7540
     Fax: (302) 656-7599
     E-mail: gfmcdaniel@dkhogan.com
             dkhogan@dkhogan.com

          -- and --

     Adam L. Shiff, Esq.
     Andrew K. Glenn, Esq.
     Robert M. Novick, Esq.
     KASOWITZ, BENSON, TORRES & FRIEDMAN LLP
     1633 Broadway
     New York, New York 10019
     Tel: (212) 506-1700
     Fax: (212) 506-1800
     E-mail: AShiff@kasowitz.com
             AGlenn@kasowitz.com
             RNovick@kasowitz.com

                      About Essar Steel Minnesota LLC

Essar Steel Minnesota LLC and ESML Holdings Inc. filed for Chapter
11 bankruptcy protection (Bankr. D. Del. Case Nos. 16-11627 and
16-11626) on July 8, 2016.  The bankruptcy petition was signed by
Madhu Vuppuluri, president and chief executive officer.

The Debtors are represented by Craig H. Averich, Esq., at White &
Case LLP and John L. Bird, Esq., and Jeffrey M. Schlerf, Esq., at
Fox Rothschild LLP.  Epic Bankruptcy Solutions, LLC, serves as
claims and noticing agent.

The cases are assigned to Judge Brendan Linehan Shannon.

ESML Holdings Inc. estimated assets at $1 billion to $10 billion
and debts at $500 million to $1 billion.  Essar Steel Minnesota LLC
estimated assets and debts at $1 billion to $10 billion.

Andrew Vara, acting U.S. trustee for Region 3, on July 20 appointed
the official committee of unsecured creditors of ESML Holdings,
Inc., and its affiliates.  The Committee hired Andrew K. Glenn, at
Kasowitz Benson Torres & Friedman LLP, to act as counsel.  David
MacGreevey, at Zolfo Cooper, LLC., to serve as financial advisor.
Garvan F. McDaniel, at Hogan McDaniel, to act as Delaware counsel.


EUROMODAS INC: Oct. 12 Joint Plan & Disclosures Approval Hearing
----------------------------------------------------------------
Judge Brian K. Tester of the U.S. Bankruptcy Court for the District
of Puerto Rico on August 31, 2016, conditionally approved the
disclosure statement explaining Euromodas, Inc.'s plan, and
scheduled a hearing to consider final approval of the Disclosure
Statement and confirmation of the Plan and any objections for
October 12, 2016, at 9:00 A.M.

The Troubled Company Reporter previously reported that general
unsecured creditors will get 5% of their claims under the company's
proposed plan to exit Chapter 11 protection.

Under the restructuring plan, holders of general unsecured claims
of $50,000 or less, will be paid 5% of their claims on the
effective date of the plan.  These creditors will receive cash
payments.

Meanwhile, general unsecured creditors with claims over $50,000,
will be paid 5% of their claims through 60 equal consecutive
monthly installments of $467, commencing on the effective date of
the plan and continuing on the 30th day of the subsequent 59
months.

General unsecured creditors assert a total of $1.28 million.

The Debtor will pay creditors from the cash resulting from its
operations, according to the disclosure statement filed with the
U.S. Bankruptcy Court for the District of Puerto Rico.

A copy of the disclosure statement is available for free at
https://is.gd/b0fCkK

Acceptances or rejections of the Plan may be filed in writing by
the holders of all claims on/or before 10 days prior to the date of
the hearing on confirmation of the Plan.  Any objection to the
final approval of the Disclosure Statement and/or the confirmation
of the Plan shall be filed on/or before 10 days prior to the date
of the hearing on confirmation of the Plan.

At the confirmation hearing the Court will conclude the estimated
date for "substantial consummation" of the Plan as defined in
Section 1101(2) of the Bankruptcy Code. The debtor in possession or
moving party must submit to the Court the information necessary to
enter a final decree.

                 About Euromodas Inc.

Euromodas, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. P.R. Case No. 15-09174) on November 19,
2015.  The petition was signed by Juan Carlos Castiel Diaz,
president.  

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

The Debtor is represented by Enrique M. Almeida-Bernal, Esq., at
Almeida & Davila, PSC, in San Juan, Puerto Rico.


FAIRCHILD SEMICONDUCTOR: S&P Lowers CCR to 'BB', Outlook Stable
---------------------------------------------------------------
S&P Global Ratings said it lowered its corporate rating on
Sunnyvale, Calif.-based chip manufacturer Fairchild Semiconductor
International Inc. to 'BB' (the same as our corporate credit rating
on ON Semiconductor Corp.) from 'BB+' and removed it from
CreditWatch, where S&P had placed it with negative implications on
Nov. 18, 2015.  The outlook is stable.

S&P then withdrew its corporate credit rating on Fairchild
following the completion of its merger with ON Semiconductor at the
issuer's request.

"The rating action follows the closing of the merger of Fairchild
and ON Semiconductor," said S&P Global Ratings credit analyst Tuan
Duong.

Fairchild will become a wholly-owned subsidiary of ON Semiconductor
and S&P believes that it will become core to ON Semiconductor in
accordance with S&P's group rating methodology. Thus, S&P equalizes
the corporate credit rating on Fairchild with that of the parent,
ON Semiconductor, at 'BB'.  In S&P's view, Fairchild is highly
unlikely to be sold by ON Semiconductor, is successful at its
business, has a long-term commitment from ON Semiconductor
management, and operates in a business segment that is integral to
ON Semiconductor's overall strategy.  In connection with the
merger, ON Semiconductor refinanced Fairchild's unrated $400
million revolver expiring in 2019.



FANNIE MAE & FREDDIE MAC: Government Loses Battle to Hide Docs
--------------------------------------------------------------
The Honorable Margaret J. Sweeney issued a long-awaited decision
yesterday in Fairholme v. U.S., Case No. 13-465 (Ct. Fed. Cl.), on
a motion filed by Fairholme Funds., Inc., to compel the United
States to turnover documents relevant to the Third Amendment and
Net Worth Sweep.  Judge Sweeney rejected the government's
deliberative process, bank examination, and presidential
communications privilege claims to keep those documents under wraps
forever.  She ruled that the government must turn them over to
Fairholme's lawyers.  The full-text of Judge Sweeney's opinion and
order were filed under seal; a redacted version of for public
consumption will emerge in days or weeks.  

Additionally, Judge Sweeney directed the government to file a
memorandum by Oct. 14, 2016, explaining why the U.S. Court of
Federal Claims should not require it to pay the GSE shareholders'
reasonable expenses incurred in bringing the [useless[ motion to
compel, including attorney's fees.  That directive tells Troubled
Company Reporter and Class Action Reporter editors that Judge
Sweeney privilege-related rulings weren't a close call, and the
government should have known it should have turned the documents
over a long time ago.

"Judge Sweeney has consistently rejected the government's sweeping
and aggressive efforts to keep its deliberations a secret,"
Investors Unite recounted yesterday following the ruling.  "Back in
April, she unsealed seven documents sought by plaintiffs, Perry
Capital, Inc.  In May, she decided it was time to take the lid off
53 documents in a case brought by Fairholme Funds.  A trove of
unsealed documents is posted at FannieFreddiesecrets.org."

"In her April ruling," Investors United continued, "[Judge] Sweeney
signaled skepticism bordering on annoyance with the government's
penchant for secrecy.  She scoffed at the notion that the
disclosure of the information in the documents that go back several
years could harm financial markets today. The only 'harm' that
could result would be criticism of an agency, institution, and
decision-makers.  'The court will not condone the misuse of a
protective order as a shield to insulate public officials from
criticism in the way they execute their public duties,' she
declared."  She amplified this, writing, 'Thus, avoidance of
"second-guessing" an agency's decisions several years after the
fact, as described by Mr. Watt, is, with the passage of time no
longer a legitimate basis to maintain documents under a protective
order.'  This excerpt from that ruling appears to continue to
inform her judgment:

      "Moreover, there can be no serious dispute that it is
      extremely rare for a document filed under seal in a
      civil case to remain so for all time.  There is no
      suggestion that the documents subject to the
      protective order are classified as relating to
      national security.  Nor do these documents contain
      trade secrets or proprietary information.  However,
      even cases in which trade secrets and proprietary
      information are filed under seal and subject to a
      protective order, it is not unusual that after the
      passage of time, that same information is eventually
      unsealed because the protective order has outlived
      its usefulness.  Indeed, because the government does
      not argue that information that it requests remain
      protected concerns matters involving national
      security, trade secrets, or proprietary information,
      or that specific privileges attach to any of the seven
      documents, it is clear that there is no longer a need
      to maintain the protected designation for them."

GSE shareholders await a separate ruling in Perry v. Lew, No.
14-5243 (D.C. Cir.), reversing, remanding, or affirming a ruling by
Judge Lamberth in the U.S. District Court for the District of
Columbia dismissing a number of lawsuits challenging the Third
Amendment and Net Worth Sweep.  


FDO HOLDINGS: S&P Assigns 'B' CCR & Rates $300MM Term Loan 'B'
--------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Smyrna, Ga.-based FDO Holdings Inc.  The outlook is stable.

At the same time, S&P assigned a 'B' issue-level rating and '3'
recovery rating to the company's $300 million first-lien secured
term loan due 2023.  The '3' recovery rating reflects S&P's
expectation for meaningful recovery in the event of default, at the
lower end of the 50% to 70% range.

As part of the refinancing, the company increased the asset-based
lending (ABL) revolving credit facility (not rated) due 2021 to
$200 million from $175 million, which will be partially drawn at
the close of the transaction.

"The rating reflects the company's small market share in the highly
fragmented and cyclical home improvement and floor replacement
industry that is dependent on consumer discretionary spending,"
said credit analyst Olya Naumova.  "The company lacks format
diversity as the majority of its sales touches a comparatively
small amount of stores. Additionally, flooring purchases occur
twice in a lifetime for an average residential customer and longer
term, performance is exposed to residential housing remodeling
market cyclicality."

The stable outlook on FDO reflects S&P's expectation that the
company's unique physical store expansion format, diverse in-stock
SKU count, and everyday low prices will continue to attract
professional customers in the coming year.  However, S&P remains
cautious about execution risks associated with aggressive store
growth and any potential housing market headwinds.

S&P would lower the ratings if FDO cannot manage growth on a
leverage neutral basis, whether from competitive pressures or
traffic and average ticket declines that prompt additional
promotions.  This would cause revenue growth to slow down to below
14%, gross and EBITDA margins to decline more than 200 basis
points, and leverage to 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 consider a positive rating action if sales accelerate to
above 20%, and gross margins expand more than 150 basis points
beyond S&P's expectations, with leverage declining and remaining
below 4.0x in 2017.  In this scenario, the company would continue
to benefit from opening profitable new locations, expanding its
market share, and sustaining its direct purchasing advantage
relative to competitors.  Positive free operating cash flow and a
further decrease in financial sponsor ownership would also
demonstrate the sustainability of an improved financial risk
profile.


FLOYD INDUSTRIES: Case Summary & 18 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Floyd Industries, LLC
        6401 S US 127
        Liberty, KY 42539

Case No.: 16-10837

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       Western District of Kentucky (Bowling Green)

Judge: Hon. Joan A. Lloyd

Debtor's Counsel: Travis Kent Barber, Esq.
                  BARBER LAW PLLC
                  3168 Arrowhead Drive
                  Lexington, KY 40503
                  Tel: 606-776-6866
                  E-mail: kbarber@barberlawky.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Bryan Floyd, member.

A copy of the Debtor's list of 18 largest unsecured creditors is
available for free at http://bankrupt.com/misc/kywb16-10837.pdf


FRANK MOULTRIE: Bankruptcy Administrator Objects to Disclosures OK
------------------------------------------------------------------
J. Thomas Corbett, the Bankruptcy Administrator for the Northern
District of Alabama, filed with the U.S. Bankruptcy Court for the
Northern District of Alabama a limited objection to the Disclosure
Statement describing Frank Moultrie's plan of reorganization.

As reported by the Troubled Company Reporter on Aug. 17, 2016, the
Debtor's Plan states that each holder of an allowed Class 6
Unsecured Claim will receive its pro rata share of $50,000, to be
paid in three annual installments in the amount of $16,666.67,
commencing 11 months after the Effective Date.  Class 6 is impaired
and is entitled to vote to accept or reject the Plan.

The Bankruptcy Administrator complains that the Disclosure
Statement:

     a. fails to disclose the payment terms on the Class 3(A)
        claim of Regions;

     b. fails to disclose the payment terms on the Class 3(B)
        claim of Regions;

     c. fails to disclose the date by which payments will be made
        on Class 4 claims; and

     d. is unclear whether the debtor intends to pursue any
        possible avoidance or fraudulent transfer causes of
        action.

Frank Moultrie filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Ala. Case No. 16-00574).  The Debtor is represented by Edward
J. Peterson III, Esq., at Stichter, Riedel, Blain & Postler, P.A.


GAMESBOUTIKE INC: Hires Ross Amsel as Special Criminal Counsel
--------------------------------------------------------------
Gamesboutike, Inc., seeks authority from the U.S. Bankruptcy Court
for the Southern District of Florida to employ the Law Firm of Ross
Amsel Raben Nascimento as special criminal counsel to the Debtor.

On September 1, 2016, a search warrant was issued by the Circuit
Court in and for Miami-Dade County, Florida. Based upon the search
warrant, the Police Department for Miami-Dade County, Florida has
taken custody of, and has not agreed to release, computers and
other business equipment of the Debtor that is essential to its
operations.

Gamesboutike, Inc. requires Ross Amsel to:

   a. retrieve and review the affidavit in support of the search
      warrant, communicate with the detectives involved in the
      investigation and with the Assistant State Attorney; and

   b. take all necessary steps necessary for the return of the
      computers and other equipment to the Debtor.

Ross Amsel will be paid at the hourly rate of $700, and a retainer
in the amount of $5,000.

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

Robert G. Amsel, member of the law firm of Ross Amsel Raben
Nascimento, 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.

Ross Amsel can be reached at:

     Robert G. Amsel, Esq.
     THE LAW FIRM OF ROSS AMSEL RABEN NASCIMENTO
     2250 SW 3rd Avenue, 4th Floor
     Miami, FL 33129
     Tel: (305) 858-9550
     Fax: (305) 858-7491

                       About Gamesboutike, Inc.

Gamesboutike, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 16-20506) on July 28, 2016, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Brian S. Behar, Esq.

No official committee of unsecured creditors has been appointed in
the case.


GAS CONSULTANTS: Hires Roher as Attorney
----------------------------------------
Gas Consultants of Florida, LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Mark S. Roher, P.A. as attorney to the Debtor.

Gas Consultants requires Roher to:

   a. give advice 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 U.S. Trustee's Operating Guidelines and
      Reporting Requirements and with the rules of the court;

   c. prepare motions ,pleadings, orders, applications, adversary
      proceedings, and other legal documents necessary in the
      administration of the bankruptcy case;

   d. protect the interest of the Debtor in all matters pending
      before the bankruptcy court; and

   e. represent the Debtor in negotiation with its creditors in
      the preparation of a plan;

Mark S. Roher, member of the law firm of Mark S. Roher, 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 estates.

Roher can be reached at:

     Mark S. Roher, Esq.
     MARK S. ROHER, P.A.
     5701 N, Pine Island Rd., Suite 301
     Ft. Lauderdale, FL 33321
     Tel: (954) 353-2200
     Fax: (954) 724-5047
     E-mail: mroher@markroherlaw.com

                       About Gas Consultants

Gas Consultants of Florida, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Fla. Case No. 16-22198) on September 1, 2016,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by Mark S. Roher, at Mark S. Roher, P.A.

No official committee of unsecured creditors has been appointed in
the case.



GENERAL MOTORS: Reaches Tentative Deal with Canadian Union
----------------------------------------------------------
Michael Martinez, writing for The Detroit News, reported that
General Motors Co. and the Unifor Canadian auto workers union
avoided a strike by reaching a tentative agreement on a new
four-year contract that includes wage increases and hundreds of
millions of dollars in investment that will keep GM's Oshawa plant
open.

According to the report, the agreement, reached minutes before an
11:59 p.m. deadline, covers roughly 3,860 GM hourly workers from
Oshawa, St. Catharines and a parts distribution center in
Woodstock.  The last-minute deal was a victory for the union, which
made securing new investment its key priority, the report said.  It
also avoids a potentially costly strike for GM that could have
impacted plants in both Canada and the U.S., the report added.

GM, in a statement, said the tentative deal will "enable
significant new product, technology and process investments at GM's
Oshawa, St. Catharines and Woodstock facilities, placing those
operations at the forefront of advanced manufacturing flexibility,
innovation and environmental sustainability," the report related.

GM said it will work with the Canadian government on potential
support, the report further related.

The biggest investment -- worth hundreds of millions of dollars --
comes at Oshawa Assembly, a plant with 2,400 workers that was in
serious jeopardy leading up to the talks, the report noted.

                     About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  Harvey R. Miller, Esq., Stephen Karotkin,
Esq., and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges
LLP, assist the Debtors in their restructuring efforts.  Al Koch
at AP Services, LLC, an affiliate of AlixPartners, LLP, serves as
the Chief Executive Officer for Motors Liquidation Company.  GM
is also represented by Jenner & Block LLP and Honigman Miller
Schwartz and Cohn LLP as counsel.  Cravath, Swaine, & Moore LLP
is providing legal advice to the GM Board of Directors.  GM's
financial advisors are Morgan Stanley, Evercore Partners and the
Blackstone Group LLP.  Garden City Group is the claims and notice
agent of the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured
Creditors Holding Asbestos-Related Claims.  Lawyers at Kramer
Levin Naftalis & Frankel LLP served as bankruptcy counsel to the
Creditors Committee.  Attorneys at Butzel Long served as counsel
on supplier contract matters.  FTI Consulting Inc. served as
financial advisors to the Creditors Committee.  Elihu Inselbuch,
Esq., at Caplin & Drysdale, Chartered, represented the Asbestos
Committee.  Legal Analysis Systems, Inc., served as asbestos
valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors'
Second Amended Joint Chapter 11 Plan on March 29, 2011.  The Plan
was declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved.  On
the Dissolution Date, pursuant to the Plan and the Motors
Liquidation Company GUC Trust Agreement, dated March 30, 2011,
between the parties thereto, the trust administrator and trustee
-- GUC Trust Administrator -- of the Motors Liquidation Company
GUC Trust, assumed responsibility for the affairs of and certain
claims against MLC and its debtor subsidiaries that were not
concluded prior to the Dissolution Date.

Motors Liquidation had $669 million in total assets, $56.4 million
in total liabilities and $613 million in net assets in liquidation
as of Dec. 31, 2015.


GENERAL MOTORS: Union Head Says Canadian Workers Will Strike
------------------------------------------------------------
Mike Colias, writing for The Wall Street Journal, reported that the
leader of the union representing auto workers in Canada said
thousands of factory employees will strike at two General Motors
Co. plants if the sides miss a deadline for a new contract,
threatening to disrupt the supply of engines that go into the
company's sport-utility vehicles.

According to the report, GM's production of finished vehicles in
Canada represents only a modest slice of the company's sprawling
manufacturing footprint in North America, but a strike would affect
an engine and transmission plant in St. Catharines, Ontario, near
Niagara Falls.  That factory cranked out more than a half-million
engines last year, delivering power for 15% of the vehicles GM sold
in the U.S. last year, making the facility a potential choke point
if production were suspended long enough, the report said.

Unifor President Jerry Dias said in an interview that several weeks
of formal talks with GM officials haven't resulted in "anything
meaningful" on the union's No. 1 goal: securing commitments for
future production at the two Canadian plants, the report related.

On Sept. 19, Unifor said negotiations are continuing with the auto
maker, the report further related.  "While there are lots of issues
still to be sorted with GM, there is some progress at 12 hrs before
deadline," the union said in a social media message, the report
added.

Unifor's four-year contract with Detroit's three auto makers covers
about 20,500 employees and expires at 11:59 p.m. on Sept. 19, the
report noted.

                    About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  Harvey R. Miller, Esq., Stephen Karotkin,
Esq., and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges
LLP, assist the Debtors in their restructuring efforts.  Al Koch
at AP Services, LLC, an affiliate of AlixPartners, LLP, serves as
the Chief Executive Officer for Motors Liquidation Company.  GM
is also represented by Jenner & Block LLP and Honigman Miller
Schwartz and Cohn LLP as counsel.  Cravath, Swaine, & Moore LLP
is providing legal advice to the GM Board of Directors.  GM's
financial advisors are Morgan Stanley, Evercore Partners and the
Blackstone Group LLP.  Garden City Group is the claims and notice
agent of the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured
Creditors Holding Asbestos-Related Claims.  Lawyers at Kramer
Levin Naftalis & Frankel LLP served as bankruptcy counsel to the
Creditors Committee.  Attorneys at Butzel Long served as counsel
on supplier contract matters.  FTI Consulting Inc. served as
financial advisors to the Creditors Committee.  Elihu Inselbuch,
Esq., at Caplin & Drysdale, Chartered, represented the Asbestos
Committee.  Legal Analysis Systems, Inc., served as asbestos
valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors'
Second Amended Joint Chapter 11 Plan on March 29, 2011.  The Plan
was declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved.  On
the Dissolution Date, pursuant to the Plan and the Motors
Liquidation Company GUC Trust Agreement, dated March 30, 2011,
between the parties thereto, the trust administrator and trustee
-- GUC Trust Administrator -- of the Motors Liquidation Company
GUC Trust, assumed responsibility for the affairs of and certain
claims against MLC and its debtor subsidiaries that were not
concluded prior to the Dissolution Date.

Motors Liquidation had $669 million in total assets, $56.4 million
in total liabilities and $613 million in net assets in liquidation
as of Dec. 31, 2015.


GLOBAL GEOPHYSICAL: Wins Chapter 11 Plan Confirmation
-----------------------------------------------------
Lillian Rizzo, writing for The Wall Street Journal Pro Bankruptcy,
reported that Judge David R. Jones of the U.S. Bankruptcy Court in
Corpus Christi, Texas, approved on Sept. 19, 2016, the
reorganization plan of Global Geophysical Services LLC less than
two months after the company filed for bankruptcy protection.

The Troubled Company Reporter previously reported that holders of
Class 5 - General Unsecured Claim will receive, in full and final
satisfaction of its Allowed General Unsecured Claim, its Pro Rata
share of Distributable Cash to be distributed by the Liquidating
Companies from time to time in accordance with the Waterfall.
Holders of Class 5 Claims are projected to recover 7% of their
allowed claims, which are estimated to total $1,587,000.

According to WSJ, as part of the bankruptcy plan, Global
Geophysical will be split into two entities—the most valuable
assets, including a seismic data library and real property, will be
controlled by the first-lien lenders and turned into a new
company.

The remaining assets will be liquidated, and about 33% of the
proceeds will be used to pay unsecured creditors and junior
lenders, WSJ said.  Court papers show the liquidation will yield up
to $3.75 million, the report related.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/txsb16-20306-13.pdf

              About Global Geophysical Services

Global Geophysical Services LLC, a company based in Missouri City,
Texas, provides seismic data for the oil and gas drilling
industry.

The Debtor and its seven affiliates sought protection under
Chapter
11 of the Bankruptcy Code (Bankr. S. D. Texas Lead Case No.
16-20306) on August 3, 2016.  The petitions were signed by Sean M.
Gore, chief executive officer.

The 2016 case is assigned to Judge David R. Jones.

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

The Debtor is represented by C. Luckey McDowell, Esq., Ian E.
Roberts, Esq., and Noah M. Schottenstein, Esq., at Baker Botts
L.L.P., in Dallas, Texas.  The Debtor tapped Alvarez & Marsal North
America, LLC, as restructuring advisor.

Previously, on March 25, 2014, six affiliates of Global
Geophysical
filed Chapter 11 petitions in Corpus Christi, Texas (Bankr. S.D.
Tex. Lead Case No. 14-20130).  In February 2015, the Debtors
successfully completed their balance sheet restructuring and
emerged from bankruptcy, following confirmation of their Second
Amended Joint Chapter 11 Plan of Reorganization on Feb. 6, 2015.


GOLF TOWN CANADA: Can Restructure Under CCAA; FTI Named as Monitor
------------------------------------------------------------------
Golf Town Canada Inc. and its affiliates -- Golf Town Canada
Holdings Inc. and Golf Town GP II Inc. -- sought and obtained an
initial order under the Companies' Creditors Arrangement Act from
the Ontario Superior Court of Justice on Sept. 14, 2016.

The protections and authorizations provided by the initial order
were also extended to Golf Town Operating Limited Partnership and
Golfsmith International Holdings LP, and Golf Town ("Golf Town
Entities").  Under the initial order, FTI Consulting Inc. was
appointed as monitor of the Golf Town Entities while the Golf Town
Entities continue their operations within the CCAA proceedings.

FTI Consulting can be reached at:

   FTI Consulting Canada Inc.
   Monitor of Golf Town Canada Inc. et al.
   TD Waterhouse Tower
   79 Wellington Street West
   Suite 2010, PO Box 104
   Toronto, Ontario M5K 1G8
   Tel: (416) 649-8096
   Toll Free: + (855) 718-5255
   Email: golftown@fticonsulting.com

Golf Town Canada Inc. -- http://www.golftown.com/-- retails golf
equipment, apparel, and accessories in Canada.  The company also
provides maintenance, repair, and consultation services; and custom
fitting services.


GRAYN COMPANY: Wants to Use Cash Collateral of BOW, BOC
-------------------------------------------------------
Grayn Company asks the U.S. Bankruptcy Court for the Central
District of California to approve the Stipulations for authority to
use cash collateral that the Debtor separately entered into with
Bank of the West and the Banc of California, N.A.

The Debtor entered into a security agreement with Bank of the West,
pursuant to which, the Debtor was obligated to pay Bank of the West
$1,438.23 a month.  The indebtedness has an outstanding balance of
approximately $199,999.29, and is secured by assets referred to in
Bank of the West's Financing Statement.

The Debtor also entered into a security agreement with the Banc of
California, N.A. for a revolving loan in the original principal
amount of $50,000. A UCC Financing Statement was recorded with the
Secretary of State of the State of California, in connection with
the Loan.

The Debtor relates that it is necessary for it to continue to
purchase inventory in the form of corn and to pay its ongoing
expenses of operation, including attorney fees and administrative
expenses to the U.S. Trustee, taxes and licenses, in order to
insure the continued operation and maintenance of the Debtor and
its business.

The relevant terms of the Debtor's Stipulation with Bank of the
West are:

     (a) All cash in the possession of the Debtor as of the
Petition Date, and all collections on account receivables existing
as of the commencement of the Case constitutes the Bank of the
West's cash collateral, which position is junior to that of Banc of
California.

     (b) Up and until the Debtor obtains an Order approving the use
of cash collateral, Bank of the West consents to the use of cash
collateral and as such an Order is not required for such use.

     (c) During the period the Stipulation, the Debtor is
authorized to use the cash collateral in and to make payments to
the Banc of California, N.A. on its Financing Statement which is
senior to that of Bank of the West, for all purposes as it deems
fit.

     (d) The Debtor intends to continue to pay Bank of the West
$1,438.23 a month in accordance with the terms of the agreement
with Bank of the West.

The relevant terms of the  Debtor's Stipulation with and the Banc
of California are:

     (a) Commencing on or before September 1, 2016, the Debtor will
make bi-monthly adequate protection payments to Banc of California
in the amount of $280 via Automated Clearing House payments to Banc
of California which will be applied to the Loan in accordance with
the Loan documents.  The Debtor authorizes Banc of California to
debit its account via ACH to apply the adequate protection payments
to the Loan.

     (b) Banc of California's agreement to accept the foregoing
payments will not:

          (1) constitute an admission by Banc of California that
such payments would satisfy the requirements of Sections 361, 362
or 1129 of the Bankruptcy Code;

          (2) constitute a waiver by the Banc of California, or
cure, of any existing defaults under the Loan Documents; or

          (3) constitute an admission by Banc of California that
the Debtor is in compliance with the terms and conditions of the
Loan Documents.

A hearing on the Debtor's Motion is scheduled on October 5, 2016 at
11:00 a.m.

A full-text copy of the Debtor's Motion dated September 13, 2016 is
available at https://is.gd/OQ5Z8e

Banc of the West can be reached at:

          BANK OF THE WEST
          Evangeline Serna, Vice President Branch Manager
          9001 E Whittier Blvd
          Pico Rivera, CA 90660
          Telephone: (562) 692-6931
          Mobile: (626) 627-0563
          Telecopier: (562) 692-4258
          Email: Evangeline.Serna@bankofthewest.com

Bank of California, National Association is represented by:

          J. Barrett Marum, Esq.
          Sheppard Mullin Richter & Hampton LLP
          501 West Broadway, 19th Floor
          San Diego, CA 92101
          Direct: 619.338.6585
          Direct Fax: 619.515.4149
          Email: Bmarum@sheppardmullin.com


                                 About Grayn Company

Grayn Company, a California corporation, based in Vernon, CA, filed
a Chapter 11 petition (Bankr. C.D. Cal. Case No. 16-19478 on July
18, 2016.  Judge Sheri Bluebond presides over the case.  William H
Brownstein, Esq., at William H. Brownstein & Associates, P.C., as
bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Vicente A. Cortez, president.


GRAYSON COUNTY HOME: Oct. 12 Plan & Disclosures Hearing
-------------------------------------------------------
Judge Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas conditionally approved the disclosure
statement explaining Grayson County Home Health, Inc.'s Chapter 11
plan and scheduled the hearing to consider final approval of the
Disclosure Statement (if a written objection has been timely filed)
and to consider the confirmation of the Plan for October 12, 2016,
at 9:30 a.m.

The Debtor is proposing a Chapter 11 liquidating plan under which
the Plan Administrator will market the Debtor for sale as a going
concern for 120 days following the effective date of the plan.  If
no buyer is found by the expiration of 120 days, the Debtor will
cease operations and market all fixed assets for sale.

The Debtor's principal assets are:

   * Fixtures and office equipment - $4,700.00
   * Five (5) vehicles - $16,500.00
   * Receivables - $ 35,000.00 (estimated value)
   * Medicare License, business name and goodwill (unknown but
estimated at up to $500,000.00 as a going concern

All classes of claims are impaired under the Plan.

October 11, 2016, is fixed as the last day for filing written
acceptances or rejections of the Plan.

October 7, 2016 is fixed as the last day for filing and serving
written objections to: (1) final approval of the Disclosure
Statement; or (2) confirmation of the plan.

A full-text copy of the Disclosure Statement dated August 31, 2016,
is available at http://bankrupt.com/misc/15-04099-122.pdf

                About Grayson County Home Health

Grayson County Home Health, Inc., operator of a home health care
agency, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Tex. Case No. 16-40276) on February 16, 2016.  The
Debtor is represented by Bill F. Payne, Esq., at The Moore Law
Firm, LLP.


HANJIN SHIPPING: Vessels To Be Returned to Owners, Judge Says
-------------------------------------------------------------
The American Bankruptcy Institute, citing Joyce Lee of Reuters,
reported that a South Korean judge said all Hanjin Shipping Co Ltd
(117930.KS) chartered vessels that have completed unloading their
cargo have been told to cancel their charter agreements and return
the ships to the shipowners.

Hanjin, the world's seventh-largest container line, filed for
receivership last month, leaving more than 100 ships and their
cargo at sea and threatening to snarl U.S. freight traffic as the
year-end shopping season approaches, according to the report.

Dozens of Hanjin's ships have been blocked from docking with ports
and lashing firms fearing they won't be paid. Some vessels have
also been seized and some sold, the report related.

The company had a total of 141 vessels, including 97 container
ships as of early September. Out of the 97 container ships, 60 were
chartered and 37 owned by Hanjin, the report further related.

The company returned three bulk carriers earlier this month, a
Hanjin Shipping spokeswoman said, the report cited.

In addition, four container ships have been returned to the
shipowners, while Hanjin has received shipowners' notifications to
return 13 more container ships, another Hanjin spokeswoman said,
the report added.

                      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.


HARBORTOUCH PAYMENTS: Moody's Assigns B2 CFR, Outlook Stable
------------------------------------------------------------
Moody's Investors Service assigned new debt ratings for Harbortouch
Payments, LLC's with a Corporate Family Rating of B2 and a
Probability of Default Rating of B2-PD.  Concurrently, Moody's
assigned a B1 to Harbortouch's senior secured first lien credit
facilities and a Caa1 to the company's senior secured second lien
term loan.  The rating action follows Harbortouch's announced plans
to refinance its existing indebtedness and fund a dividend
distribution to shareholders.  The ratings outlook is stable.

Moody's assigned these ratings:

  Corporate Family Rating -- B2
  Probability of Default Rating -- B2-PD
  Senior Secured Revolving Credit Facility due 2021 -- B1 (LGD3)
  Senior Secured First Lien Term Loan due 2023 -- B1 (LGD3)
  Senior Secured Second Lien Term Loan due 2024 -- Caa1 (LGD5)
  Outlook is Stable

                          RATINGS RATIONALE

The B2 CFR reflects the business risks associated with
Harbortouch's relatively limited scale and the company's
concentrated customer focus on small and medium-sized restaurants,
retailers, and other service providers which feature more
attractive pricing dynamics, but historically have exhibited a
higher risk of attrition and chargeback liabilities.  Moreover, the
rating factors in the company's reliance on indirect sales
channels, including Independent Sales Organizations ("ISO"), for
the predominant portion of revenues as well as the issuer's high
pro forma debt to EBITDA (Moody's adjusted) of approximately 5.5x
as of June 30, 2016.  Moody's expects debt leverage will contract
modestly over the next 12 months as EBITDA is only projected to
expand at a low single digit pace and minimal debt reduction is
anticipated.  These metrics could potentially worsen in the event
of a debt-funded acquisition or further equity distributions to the
company's private equity shareholders.  However, these risks are
partially offset by Harbortouch's predictable, recurring
transaction-based revenue stream and a business model which
increasingly incorporates proprietary point of sale ("POS")
platform solutions to solidify the company's customer
relationships.

While Harbortouch's initial cash balance following the completion
of the refinancing will be nominal, the company's good liquidity
position is supported by Moody's expectation of normalized free
cash flow generation, excluding dividends, exceeding 5% of debt
over the next 12 months.  The company's liquidity is also bolstered
by an undrawn $20 million revolving credit facility.  The company's
credit facilities are expected to be subject to financial covenants
based on a maximum net leverage ratio, but pro forma covenant
leverage is projected to be below maximum thresholds over the next
12-18 months.

The stable outlook reflects Moody's expectation that Harbortouch
will generate low-single digit net revenue growth over the
intermediate term driven principally by the expansion of the
company's customer base and ongoing adoption of Harbortouch's POS
platform solutions among its clients.  However, initial investments
to promote operating efficiencies will weigh on the company's near
term profitability, likely resulting in minimal EBITDA growth over
the next year.

Factors that Could Lead to an Upgrade

The rating could be upgraded if Harbortouch profitably expands its
market share and adheres to a conservative financial policy.  These
measures, in conjunction with debt repayments that would reduce
debt to EBITDA (Moody's adjusted) to below 4.5x and increase free
cash flow to debt (Moody's adjusted) to above 10% for an extended
period would add upward ratings pressure.

Factors that Could Lead to a Downgrade

The rating could be downgraded if Harbortouch were to experience a
weakening competitive position and if the company's debt to EBITDA
(Moody's adjusted) rises above 6.0x or free cash flow weakens to
minimal levels on a sustained basis.

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

Harbortouch is a merchant acquirer and payment solutions provider,
serving more than 50,000 small and medium merchants across the
United States.  The company is owned by Searchlight Capital
Partners, L.P. and Rook Holdings, Inc.


HESS COMMERCIAL: PA DOR Objects to Disclosure Statement, Plan
-------------------------------------------------------------
The Commonwealth of Pennsylvania, Pennsylvania Department of
Revenue, objects to the approval of Hess Commercial Printing,
Inc.'s disclosure statement and confirmation of its plan.

The PA DOR, which has a prepetition claim for unpaid taxes in the
amount of $18,220 and an administrative claim of $1,564 for
postpetition taxes, complains that the Disclosure Statement does
not disclose the Debtor's inability to remain current on
post-bankruptcy tax obligations, which contradicts the Debtors'
representations that its business operations are improving.

The PA DOR asserts that the Debtor's inability to timely remit
sales taxes during the pendency of the Chapter 11 suggests that the
Plan is not feasible.

           About Hess Commercial Printing

Hess Commercial Printing, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Penn., Case No. 16-20470) on
Feb. 12, 2016.  The Debtor is represented by Michael P. Kruszewski,
Esq., at Quinn Law Firm.

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 Hess Commercial Printing, Inc.


HESS CORPORATION: Moody's Rates Proposed $1.5BB Sr. Notes Ba1
-------------------------------------------------------------
Moody's Investors Service assigned a Ba1 rating to Hess
Corporation's proposed offering of $1.5 billion 10 and 30-year
senior unsecured notes.  The Ba1 Corporate Family Rating, Ba1-PD
Probability of Default Rating (PDR), SGL-1 Speculative Grade
Liquidity Rating and stable outlook are not affected by this
action.  Proceeds of the offering will be used to fund a tender
offer for approximately $1.2 billion of high-coupon and short-dated
notes and to pre-fund certain 2017 liabilities.

"Moody's views the notes issue as an opportunistic exercise in
liability management that addresses certain near term debt
maturities, extends the weighted average maturity of Hess's debt
and reduces interest expense," commented Andrew Brooks, Moody's
Vice President.  "The transaction does not incrementally leverage
Hess's balance sheet, which remains conservatively capitalized, and
its strong liquidity position remains intact."

Assignments:

Issuer: Hess Corporation
  Senior Unsecured Regular Bond/Debentures, Assigned Ba1 (LGD 4)

                         RATINGS RATIONALE

Hess's debt capital structure is entirely unsecured. Its unsecured
notes are rated at the Ba1 CFR in conformance with Moody's Loss
Given Default analysis.

Hess's Ba1 CFR reflects its geographically diversified,
oil-weighted production and reserve base, which has been
reconfigured into a pure play E&P portfolio of short-cycle
production, notably the Bakken Shale where Hess is the third
largest producer, and long-cycle producing assets.  Reduced cash
flow and operating margins resulting from weak crude oil prices,
evidenced by projected retained cash flow (RCF) to debt dropping
below 20%, and a weak leveraged full-cycle ratio (LFCR) well under
1x, are cushioned by Hess's excellent liquidity position, which
fully funds projected negative free cash flow through at least
2017. Liquidity was bolstered by the net proceeds of February's
$1.7 billion issuance of equity and preferred stock, supplementing
existing balance sheet cash.  Hess has reduced 2016's capital
budget by 48% from 2015 to $2.1 billion in an effort to manage
negative free cash flow, and we believe capital spending could fall
further in 2017 as major projects in the North Malay Basin and the
deepwater Gulf of Mexico are completed and initiate their
production.  Hess also has the flexibility to further reduce
spending in the Bakken Shale, although its acreage is concentrated
in the core of the Bakken, including McKenzie County, among the
most productive acreage in the Bakken.

Moody's considers Hess as having very good liquidity through 2017
as evidenced by its SGL-1 Speculative Grade Liquidity Rating.  The
company reported $3.1 billion of balance sheet cash at June 30, and
an undrawn $4.0 billion unsecured revolving credit facility,
committed through January 2020.  As of June 30, Hess had an
additional $630 million of committed lines of credit having
scheduled expiration dates through 2018 that have been typically
renewed on an annual basis, providing Hess with approximately
$7.7 billion of available committed liquidity to bridge the weak
oil and gas environment.  Moody's does not see Hess utilizing its
revolving credit facility capacity through 2017.  Hess's 50% stake
in its Bakken midstream MLP further affords it a potential
alternative source of liquidity.  While Hess had initially
contemplated a partial IPO of the partnership in the second half of
2015, midstream market weakness prompted the company to defer this
action.

The rating outlook is stable, based on Hess's solid liquidity
position.  Hess will need improved cash flow metrics to be
considered for an upgrade, specifically RCF to debt greater than
20% and a leveraged full-cycle ratio exceeding 1x.  A downgrade is
possible if RCF to debt is sustained below 10%.

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

Hess Corporation is a global independent exploration and production
company headquartered in New York, New York.


HHH CHOICES: Has Sufficient Funds Until End of Oct., PCO Says
-------------------------------------------------------------
David N. Crapo, the Patient Care Ombudsman for HHH Choices Health
Plan, LLC, et al., has filed before the United States Bankruptcy
Court for the Southern District of New York on September 12, 2016,
a Fourth Report for the period between July 9, 2016 and September
9, 2016.

The Ombudsman noted that there appears to be sufficient funds to
operate Fieldstone until the end of October when the approved sale
of Westchester Meadows is expected to close.  Fieldstone
constitutes the "health care business" for purposes of the
Bankruptcy Code.  Meanwhile, Westchester Meadows operates as a
continuing care retirement community of the Debtors, which includes
both a skilled nursing facility (SNF) and an enriched housing
facility (EHF and together with the SNF, called, Fieldstone).

The PCO observed that the resident care and safety have not
declined or been materially impaired. Cleanliness in the kitchen
has showed some but not significant decline. Staffing has been
maintained at acceptable levels despite Fieldstone personnel taking
their paid time off.

Consequently, the PCO concluded that, although there remain causes
for minor concern, particularly in light of the impending sale of
Westchester Meadows, resident care and safety at Fieldstone did not
decline or become materially impaired during the Fourth Reporting
Period.

             About HHH Choices Health Plan

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

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

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

Judge Michael E. Wiles oversees the case.

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

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

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

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


HILLSIDE OFFICE: Wants Exclusive Filing Period Extended to Dec. 13
------------------------------------------------------------------
Hillside Office Park, LLC requests from the U.S. Bankruptcy Court
for the District of New Jersey an extension of the exclusive period
during which the Debtor may file a Chapter 11 Plan up and through
December 13, 2016.           

The Debtor's initial exclusive filing period provides the Debtor
until Sept. 14, 2016 to file a Chapter 11 Plan.

The Debtor reports that it has made progress in marketing for the
sale of the its assets which shall benefit all creditors of the
estate, however, the Debtor still filed the instant request out of
an abundance of caution because of the time limitations set forth
in the Bankruptcy Code.

The Debtor anticipates, but cannot guarantee, that such Plan and
disclosure statement will be filed with the Court in the next two
months because the Debtor is in the process of preparing a Chapter
11 Plan of Liquidation.

The Court will convene on October 4, 2016 at 11:00 a.m. to consider
approval of the Debtor's request.

                           About Hillside Office Park

Headquartered in Hillside, New Jersey, Hillside Office Park, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
16-19617) on May 17, 2016, estimating its assets and liabilities at
between $1 million and $10 million.  The petition was signed by
Glen A. Fishman, member of Maplewood Acquisition, LLC, member.

Judge Stacey L. Meisel presides over the case.

Donald F. Campbell, Jr., Esq., at Giordano Halleran & Ciesla, P.C.,
serves as the Debtor's bankruptcy counsel.


HORSHAM VALLEY: Hires Long & Foster as Listing Agent
----------------------------------------------------
Horsham Valley Golf Club seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Pennsylvania to employ
Long & Foster Real Estate, Inc. as listing agent/broker.

The Debtor seeks to retain Long & Foster to market and sell the
Debtor's real property located at:

   -- 481 Barrington Street, Horsham, PA 19044;

   -- 485 Barrington Street, Horsham, PA 19044;

   -- 487 Barrington Street, Horsham, PA 19044;

   -- 489 Barrington Street, Horsham, PA 19044;

   -- 491 Barrington Street, Horsham, PA 19044;

   -- 493 Barrington Street, Horsham, PA 19044; and

   -- 495 Barrington Street, Horsham, PA 19044.

Long & Foster proposes a commission on the sale of any or all of
the Debtor's Real Property of:

   (a) 4.5% of the purchase price on base house in the event Long
       & Foster shares the commission with a co-op broker; or

   (b) 2% of the purchase price on base house only in the event
       Long & Foster is the sole broker or; plus

   (c) 5% of the price on options, flooring and lot premiums.

Joanna Bellinger, on behalf of Long & Foster, 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.

Long & Foster can be reached at:

       Joanna Bellinger
       LONG & FOSTER REAL ESTATE, INC.
       3748 West Chester Pike, Suite 204
       Newtown Square, PA 19073
       Tel: (215) 654-5900
       Fax: (215) 591-5601

                       About Horsham Valley

Horsham Valley Golf Club sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Pa. Case No. 16-14764) on July 5,
2016.  The petition was signed by Harry C. Barbin, III, partner.
The case is assigned to Judge Eric L. Frank.  At the time of the
filing, the Debtor estimated assets and liabilities at $1 million
to $10 million.


HOSPITAL AUDIENCES: Wants Plan Filing Period Moved to January 2017
------------------------------------------------------------------
Hospital Audiences, Inc., d/b/a Healing Arts Initiative, and HAI
Ventures, LLC ask the U.S. Bankruptcy Court for the Eastern
District of New York for a 120-day extension of the periods during
which only the Debtors may file and solicit acceptances to a plan
of reorganization, through and including Jan. 11, 2017 and March
12, 2017.

The Debtors' initial exclusive filing period was set to expire on
Sept. 13, 2016, and the initial exclusive solicitation period will
expire on Nov. 12, 2016.  The Debtors ask for an extension in order
to afford them and their newly reconstituted board of directors an
opportunity to obtain necessary financing and rebuild and
reorganize their charitable organization.

According to the Debtors, they have spent the initial stages of
this case stabilizing, working to maximize recovery on an
outstanding insurance claim, reconstituting their board of
directors, negotiating necessary funding, orchestrating a
management change, and fighting to use limited cash collateral.

Moreover, the Debtors noted that the deadline for filing proofs of
claim occur after expiration of the Exclusive Periods. The Court's
Bar Date Order establishes Sept. 30, 2016 and Nov. 22, 2016 as the
general bar date and governmental bar date, respectively.  The
Debtors need to review and evaluate the claims to be filed in order
to properly formulate a plan of reorganization.

The Court will conduct a hearing on the Debtors' request on Oct.
14, 2016, and any objections are due on Oct. 7.

                              About Hospital Audiences

Hospital Audiences, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 16-42119) on May 16,
2016.  The petition was signed by Ken Berger, acting executive
director.

The Debtor is represented by Fred Stevens, Esq., at Klestadt
Winters Jureller Southard & Stevens, LLP.  The case is assigned to
Judge Carla E. Craig.

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

The U.S. Trustee for Region 2 on May 25 appointed three creditors
of Hospital Audiences, Inc., to serve on the official committee of
unsecured creditors.  The committee members are: (1) Fund for the
City of New York; (2) Mr. Francis Palazzolo; and (3) Leviticus
25:23 Alternative Fund.


IAMGOLD CORP: S&P Revises Outlook to Positive & Affirms 'B' CCR
---------------------------------------------------------------
S&P Global Ratings said it revised its outlook on Toronto-based
mining company IAMGOLD Corp. to positive from stable.  At the same
time, S&P Global Ratings affirmed its 'B' long-term corporate
credit rating and 'B+' issue-level rating on the company's
unsecured notes.  The '2' recovery rating on the company's
unsecured notes is unchanged and reflects S&P's view of substantial
(70%-90%; high end of the range) recovery in a simulated default
scenario, and an issue-level rating that is one notch above the
long-term corporate credit rating.

"The outlook revision follows the upward revision to our gold price
assumptions, and also takes into account IAMGOLD's more than US$200
million in debt reduction this year and continuing strong cash
position," said S&P Global Ratings credit analyst Jarrett Bilous.

S&P estimates the company will generate credit measures that S&P
considers strong for the current rating over the next two years,
including adjusted debt-to-EBITDA of about 3x.  S&P's rating also
takes into account the high sensitivity of IAMGOLD's credit ratios
to modest changes in prices based on its current cost structure. In
addition, S&P believes the company could face heightened free cash
flow deficits over the next two years if growth-related
expenditures accelerate which, in S&P's view, adds a degree of
financial risk.  However, in the event gold prices remain generally
in line with S&P's expectations into 2017, with relatively stable
cash costs generated by IAMGOLD, S&P believes there is an increased
likelihood for a one-notch upgrade.

"We consider IAMGOLD's financial risk profile as highly leveraged,
but view its prospective credit measures as strong for this
assessment.  Based primarily on the increase in our gold price
assumptions, we expect the company to generate earnings and cash
flow well above our previous expectations.  In addition, IAMGOLD
has meaningfully reduced debt outstanding by tendering about US$146
million in aggregate principal of its 2020 notes this month
following its recent US$230 million bought deal equity financing.
We now estimate it will generate an adjusted debt-to-EBITDA ratio
of about 3x and FFO-to-debt of over 20% in the next few years,
commensurate with an improved financial risk profile and much
stronger than our previous estimates," S&P said.

S&P bases its vulnerable business risk assessment primarily on
IAMGOLD's limited operating diversity, operations in relatively
higher-risk jurisdictions, and higher cost structure relative to
that of its rated peer group.  The company relies heavily on its
Essakane (Burkina Faso) and Rosebel (Suriname) mines for the vast
majority of production and earnings.  Output from IAMGOLD's
Westwood (Quebec) mine helps to diversify the company's sources of
gold production and should gradually increase to full throughput
over the next three years, but the mine is currently a modest
contributor to output (and currently a high-cost operation).

The positive outlook primarily reflects the upward revision to
S&P's gold price assumptions that, in tandem with recent debt
repayments by IAMGOLD, should lead to a material improvement in the
company's core credit ratios through 2017.  S&P estimates IAMGOLD
will generate a sustained adjusted debt-to-EBITDA ratio of about 3x
over this period, which is strong for the rating.

S&P could upgrade the company if S&P believes it will sustain an
adjusted debt-to-EBITDA ratio of about 3x through 2017.  In this
scenario, S&P would expect average gold prices and estimated cash
costs roughly in line with S&P's assumptions for this period, with
continued strong liquidity.

S&P could revise the outlook to stable if it expects IAMGOLD will
generate earnings and cash flow below S&P's expectations leading to
adjusted debt-to-EBITDA ratio of about 4x.  In this scenario, S&P
would expect the company to realize gold prices below S&P's current
assumptions or generate cash costs above S&P's estimates, without
any change in its view of its strong liquidity assessment.


ICMFG & ASSOCIATES: Names Cheri Surface as Accountant
-----------------------------------------------------
ICMFG & Associates, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Cheri
Surface, BS, MBA as accountant, retroactive to the July 29, 2016
petition date.

The Debtor requires Ms. Surface to:

   (a) provide general accounting services to the Debtor in
       connection with this Chapter 11 case and the Debtor's
       emergence from Chapter 11 as required by the Debtor from
       time to time;
   
   (b) prepare federal, state and county tax returns;

   (c) assist with the Debtor's reporting requirements; and

   (d) perform other functions as requested by the Debtor or its
       counsel.

Ms. Surface will seek compensation at $125 per hour.

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

Ms. Surface 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 accountant can be reached at:

       Cheri Surface
       53717 Rivertrace Rd.
       Astor, FL 32102

                   About ICMFG & Associates, Inc.

ICMFG & Associates, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. M.D.Fla. Case No. 16-06552) on July 29, 2016. Stichter,
Riedel, Blain & Postler, PA 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 Michael Doyle, president.



IE TEST: October 13 Disclosure Statement Hearing
------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey will convene a hearing on the adequacy of
the disclosure statement explaining IE Test, LLC's Chapter 11 Plan
on October 13, 2016, at 11:00 a.m.

Written objections to the Disclosure Statement must be submitted no
later than 10 days prior to the hearing.

                 About IE Test LLC

Headquartered in Fairfield, New Jersey, IE Test, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
15-32425) on Nov. 30, 2015, listing $1.09 million in total assets
and $2.25 million in total liabilities.  The petition was signed
by Patrick Cupo.  Judge Vincent F. Papalia presides over the
case.  Jay L. Lubetkin, Esq., and Barry J. Roy, Esq., at
Rabinowitz Lubetkin & Tully, L.L.C., serve as the Debtor's
bankruptcy counsel.


IMPLANT SCIENCES: Gets New Delivery Order for Explosive Detectors
-----------------------------------------------------------------
Implant Sciences Corporation announced that the U.S. Transportation
Security Administration (TSA) has placed a delivery order for 1,353
QS-B220 Desktop Explosive Trace Detectors and ancillary supplies.
The Delivery Order includes options for the TSA to purchase an
additional 2,073 QS-B220's within one year of the contract award.
The systems will be deployed at multiple airports across the
country.

"Implant Sciences has developed an explosive trace detection
platform that is highly valued by the security industry.  This
order is another major milestone for the company and we are product
that our product helps protect the traveling public in the United
States.  We look forward to continue our working relationship with
the TSA," stated Implant Sciences' CEO, Dr. William McGann.

       About the QS-B220 Desktop Explosives Trace Detector

The QS-B220 uses Ion Mobility Spectrometry (IMS) to rapidly detect
and identify trace amounts of a wide variety of military,
commercial, and homemade explosives.  Featuring a radioactive
material-free design, push-button maintenance and diagnostics, and
a patented inCal internal automatic calibration system, the QS-B220
brings new levels of performance and convenience to desktop trace
detection users with unsurpassed ease of use.

                  About Implant Sciences

Implant Sciences Corporation (OBB: IMSC.OB) --
http://www.implantsciences.com/-- develops, manufactures and     
sells sensors and systems for the security, safety and defense
(SS&D) industries.

As of March 31, 2016, the Company had $15.6 million in total
assets, $100 million in total liabilities, and a total
stockholders' deficit of $84.6 million.

"Despite our current sales, expense and cash flow projections and
Marcum LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2015, citing that the Company has had recurring net
losses and continues to experience negative cash flows from
operations.  As of Sept. 15, 2015, the Company's principal
obligation to its primary lenders was approximately $65,046,000 and
accrued interest of approximately $15,393,000.  The Company is
required to repay all borrowings and accrued interest to these
lenders on March 31, 2016.  These conditions raise substantial
doubt about its ability to continue as a going concern.


IRWIN MORTGAGE: Plan Trustee Seeks Approval of Final Distribution
-----------------------------------------------------------------
Development Specialist Inc., the plan trustee of the liquidating
trust of Irwin Mortgage Corporation, asks the U.S. Bankruptcy Court
for the Southern District of Ohio for permission to make a final,
one time distribution of all of the liquidating trust's cash and
substantially all of the liquidating trust's non-cash assets to
allowed claimants.  

Objections, if any, must be filed with the Court and received at
these parties no later than Oct. 11, 2016:

a) Development Specialist Inc.
   Attention: Fred C. Caruso
   6375 Riverside Drive, Suite 110
   Dublin, Ohio 43017-5373
   
b) Nick V. Cavalieri
   Bailey Cavalieri, LLC
   10 West Broad Street, Suite 2100
   Columbus, Ohio 43215
   Tel: 614-221-3155

c) Office of the U.S. Trustee
   170 N. High Street, Suite 200
   Columbus, Ohio 43215-2403

d) the current master service list.

Objections may be filled by regular U.S. mail to the U.S.
Bankruptcy Court Clerk, 170 North High Street, Columbus, Ohio
43215, or using the Bankruptcy Court ECF System.

Development Specialist retained as counsel:

   Nick V. Cavalieri, Esq.
   Bailey Cavalieri, LLC
   10 West Broad Street, Suite 2100
   Columbus, Ohio 43215
   Tel: 614-221-3155
   Fax: 614-221-0479
   Email: ncavalieri@baileycav.com

                       About Irwin Mortgage

For a number of years, Irwin Mortgage Corporation, based in Dublin,
Ohio, originated, purchased, sold and serviced conventional and
government agency backed residential mortgage loans throughout the
United States.  However, in 2006 and continuing into early 2007,
IMC sold substantially all of its assets, including its mortgage
origination business, its mortgage servicing business, and its
mortgage servicing rights portfolio, to a number of third party
purchasers.  As a result of those sales, IMC terminated its
operations and has been winding down since 2006.

Irwin Mortgage filed for Chapter 11 bankruptcy (Bankr. S.D. Ohio
Case No. 11-57191) on July 8, 2011.  Judge Charles M. Caldwell
presides over the case.  In its petition, the Debtor estimated
assets of $10 million to $50 million, and debts of $50 million to
$100 million.  The petition was signed by Fred C. Caruso,
president.  In its schedules, the Debtor disclosed $25,661,329 in
assets and $219,353,376 in liabilities.

Nick V. Cavalieri, Esq., Matthew T. Schaeffer, Esq., and Robert B.
Berner, Esq., at Bailey Cavalieri LLC, serve as the Debtor's
counsel.  Fred C. Caruso and Development Specialists Inc. provide
wind-down management services to the Debtor.


ISAAC PERRY: Indiana Judge Approves Disclosure Statement
--------------------------------------------------------
The Hon. Robert E. Grant, Chief Judge, U.S. Bankruptcy Court in
Fort Wayne, Indiana, approved the disclosure statement explaining
the Chapter 11 plan of debtors Isaac and Mary Perry.

A hearing with regard to the adequacy of the chapter 11 disclosure
statement was held in Fort Wayne on Sept. 7, 2016, with Daniel
Skekloff, counsel for the Debtors, and Leonard Copeland, counsel
for the United States Trustee, present.

As reported by the Troubled Company Reporter is available at Aug.
2, 2016, Isaac and Mary Perry filed with the U.S. Bankruptcy Court
for the Northern District of Indiana a plan to exit Chapter 11
protection.  Under the restructuring plan, unsecured claims in
Class 9 will be paid an amount equal to the "net projected
disposable income" of the Debtors.  Payments will be made to a
disbursing agent who will distribute them to unsecured creditors on
a pro rata basis.

The Debtors propose to pay the claims in semi-annual installments
over eight years beginning on the date the first payment is due
under the restructuring plan, which is six months after the
bankruptcy court confirms the plan.

A copy of the Disclosure Statement is available for free at
https://is.gd/fTV0AY

                   About Isaac and Mary Perry

Isaac and Mary Perry, residents of Fort Wayne, Indiana, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ind. Case No. 15-12774) on Dec. 3, 2015.  

The Debtors, who reside in Fort Wayne, Indiana, operate a business
known as Perry Carpet Cleaning Inc., which provides carpet and
furniture cleaning as well as janitorial services.


ITT EDUCATIONAL: Lender Demands Payment of $34.5 Million Loan
-------------------------------------------------------------
ITT Educational Services, Inc. received a letter from the Company's
senior secured lender referencing that certain Financing Agreement,
dated as of Dec. 4, 2014, by and among the Company, the subsidiary
guarantors party thereto, the collateral agent and administrative
agent, and the lenders party thereto.  The Letter stated that as of
Sept. 14, 2016, an Event of Default has occurred and is continuing
under Section 9.01(s) of the Financing Agreement as a result of the
Department of Education's requirement, as set forth in its Aug. 25,
2016, letter to the Company, to increase the size of the Company's
surety to the ED by approximately $152.9 million.

The Letter further stated that, as a result of the occurrence and
continuation of the Event of Default, effective immediately, the
Company's senior secured lender (a) accelerates the Term Loan (as
defined in the Financing Agreement) and requires that the Company
immediately repay the entire outstanding amount of the Term Loan of
approximately $34.5 million, together with all fees, costs and
expenses and all other obligations payable under the Financing
Agreement and the other related documents and (b) declares that all
those amounts are immediately due and payable without presentment,
demand, protest or further notice of any kind.  In addition, until
the amounts are paid in full, all loans and all fees, indemnities
and other obligations of the Company under the Financing Agreement
will bear interest at the Post-Default Rate (as defined in the
Financing Agreement).

On Sept. 8, 2016, the Company's senior secured lender, in
accordance with its rights under certain Deposit Account Control
Agreements and Blocked Account Control Agreements executed as part
of the Financing Agreement, provided notice to the Company's
financial institutions that the lender was exercising its control
over the Company's bank accounts and instructed the financial
institutions to transfer all of the Company's cash balances to
accounts controlled by the lender.

The cumulative effects of the events over the last several weeks
have led the Company to plan to cease all operations as of
Sept. 16, 2016.



                    About ITT Educational

ITT Educational Services, Inc., is a proprietary provider of
post-secondary degree programs in the United States based on
revenue and student enrollment. As of Dec. 31, 2015, ITT was
offering: (a) master, bachelor and associate degree programs to
approximately 45,000 students at ITT Technical Institute and Daniel
Webster College locations; and (b) short-term information
technology and business learning solutions for individuals.

ITT Educational reported net income of $23.3 million in 2015
following net income of $23.3 million on 2014.

As of June 30, 2016, ITT Educational had $585 million in total
assets, $420 million in total liabilities and $165 million in total
shareholders' equity.

                            ED Letter

On Aug. 25, 2016, ITT Educational received a letter from the U.S.
Department of Education citing the Aug. 17, 2016, letter from the
Accrediting Council for Independent Colleges and Schools to the
Company, which continued ACICS' show-cause directive against the
Company.  The ED Letter summarizes the ACICS standards that ACICS
has indicated the Company has not yet demonstrated full compliance
with, and related concerns of ACICS.  The ED Letter states that the
Company has failed to meet the requirements established by ACICS,
as required by the Company's Program Participation Agreement with
the ED.  The ED Letter provides that as a result of those facts and
other information, including as detailed in previous communications
from the ED to the Company, the ED is imposing the following
conditions on the Company's continued participation in funding
under the federal student financial aid programs under Title IV:

* the surety provided by the Company to the ED must be
increased from the current $94.4 million to $247.3 million,
which amount represents 40% of the Title IV Program funds
received by the ITT Technical Institutes during the most
recently completed fiscal year;

* the additional amount of $152.9 million must be provided to
the ED within 30 days from the date of the ED Letter;

* effective immediately, all ITT Technical Institutes are
required to make all Title IV Program fund disbursements
under the Heightened Cash Monitoring 2 payment method, which
requires the Company to make disbursements to students from
its own institutional funds, and then submit a request for
reimbursement of those funds to the ED;

* the ITT Technical Institutes are restricted from enrolling or
beginning classes for any new students who may receive Title
IV Program funds;

* the ITT Technical Institutes must provide all students with a
notice disclosing the ACICS show-cause directives, including
the fact that ACICS accreditation standards state that the
"Council determines that [the] institution is not in
compliance with the Accreditation Criteria, and is unlikely
to become in compliance";

* the ITT Technical Institutes must provide to the ED within 30
days of the ED Letter teach out agreements for all ITT
Technical Institutes;

* the Company may not pay, or agree to pay, any bonuses,
severance payments, raises or retention payments to any of
its management or directors, nor may it pay special dividends
or make any expenditures out of the ordinary course of
business and consistent with prior practices, without
approval from the ED; and

* the Company remains required to provide information to the ED
as previously required by the ED, and previously disclosed by
the Company, regarding various events and regarding the
Company's operations, finances and future plans.

The ED Letter also provides that if the Company fails to meet any
of these requirements, it will demonstrate to the ED that the
Company is incapable of meeting the fiduciary and financial
responsibility standards established by the Higher Education Act
and the ED's regulations.  The ED Letter states that, accordingly,
the failure to meet these standards will result in the referral of
this matter to the ED's Administrative Actions and Appeals
Service Group for administrative action, including the potential
revocation of the Program Participation Agreements for the ITT
Technical Institutes, in which case the ITT Technical Institutes
would no longer be eligible to participate in Title IV Programs.

The Company said it is evaluating these additional sanctions and
requirements, as well as all options available to it.


J.J. BAKER: Hires Checkett & Pauly as Attorney
----------------------------------------------
J.J. Baker, LLC asks for permission from the U.S. Bankruptcy Court
for the Western District of Missouri to employ Checkett & Pauly,
P.C. as attorney.

The Debtor requires Checkett & Pauly to provide these services:

   (a) examine the affairs of the debtor and other parties as
       to their acts, conduct, and property;

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

   (c) pre applications and proposed orders to be
       submitted to the Court;

   (d) identify and prosecute claims and causes of
       action assertable by Applicant;

   (e) examine proof of claims previously filed and to be
       filed, and prosecute objections to certain of the claims;

   (f) advise the Debtor and prepare documents in connection
       with the contemplated limited ongoing operation of the
       Debtor's business;

   (g) advise the Debtor and prepare documents in connection
       with the liquidation and reorganization of the assets of
       the estate; and

   (h) assist and advise the Debtor in performing other functions
       as set forth in the Bankruptcy Code.

Checkett & Pauly will be paid at these hourly rates:

       J. Kevin Checkett       $275
       Charles W. Pauly        $275
       Mariann Morgan          $275
       Paralegal               $100

Checkett & Pauly will also be reimbursed for reasonable
out-of-pocket expenses incurred.

The Debtor will employ Checkett & Pauly under a general retainer of
$10,000, based on time and standard billable hourly charges
established by this Court. A general retainer is necessary because
of the extensive legal services which may be required for the
estate.

J. Kevin Checkett, president of Checkett & Pauly, 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.

Checkett & Pauly can be reached at:

       Kevin Checkett, Esq.
       CHECKETT & PAULY, P.C.
       517 S. Main Street
       P.O. Box 409
       Carthage, MO 64836
       Tel: (417) 358-4049
       Fax: (417) 358-6341

                        About J.J. Baker

J.J. Baker, LLC filed a chapter 11 petition (Bankr. W.D. Mo. Case
No. 16-60866) on Aug. 29, 2016, disclosing under $1 million in both
assets and liabilities.  The Debtor is represented by Mariann
Morgan, Esq., at Checkett & Pauly, P.C.


JEANETTE GUTIERREZ: Unsecureds To Be Paid in Full Under Plan
------------------------------------------------------------
Jeanette M. Gutierrez filed with the U.S. Bankruptcy Court for the
Western District of Texas a disclosure statement describing the
Debtor's plan of reorganization.

Class X General Unsecured Claims total approximately $32,500.
Under the Plan, this class will be paid the in full over no more
than 46 months.  The amounts of the claims in this class are based
upon the Debtor's schedules of assets and liabilities, the proofs
of claim filed as of the claims bar date, and disputes with
creditors over the amounts of their claims.

The means necessary for the execution of the Debtor's Plan includes
the continuation of the Debtor's business and the raising of new
capital.

The Debtor will fund the plan payments to creditors from revenue
that she receives from the continued business operations her used
car business and from revenue that she receives from FCRE, Inc.
Although FCRE does not currently engage in any business operations,
it holds the promissory note and receives monthly installment
payments of $7,705 from the buyer of the Debtor's prior tax return
preparation business.  Based upon the Debtor's projection of
profits from Debtor's legal business operations, the Debtor will
have approximately $2,500 per month to use for payments to
creditors after Plan Confirmation.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txwb15-52100-109.pdf

Jeanette M. Gutierrez and her spouse own and operate a couple of
businesses San Antonio, Texas, including GP Auto Sales, Inc., which
is involved in used car sales; Gutierrez P. Enterprises, LLC, which
owns and rents several residual rental properties in San Antonio,
Texas; and FCRE, Inc.

The Debtor sought Chapter 11 protection (Bankr. W.D. Tex. Case No.
15-52100g) on Aug. 31, 2015.

The Debtor is represented by:

     David T. Cain, Esq.
     Law Office of David T. Cain
     610 N. New Braunfels, Suite 309
     San Antonio, Texas 78217
     Tel: (210) 308-0388
     Fax: (210) 341-8432


JO-ANN STORES: Moody's Assigns B1 Rating on $850MM Term Loan
------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Jo-Ann Stores
LLC's $850 million secured term loan.  The unsecured operating
notes have been downgraded from B3 to Caa1.  All other ratings
including the Jo-Ann Stores Holdings Inc.'s Corporate Family Rating
of B2 have been affirmed. The rating outlook is stable.

"The B1 rating on its new $850 million term loan reflects the
increase in overall secured borrowings as the company refinances
its secured credit facilities and repays a majority of the $450
million of operating company notes" said Moody's Vice President,
Christina Boni.  "The refinancing of its senior credit facilities
is expected to be overall leverage neutral and has no rating effect
on Jo-Ann's CFR B2 rating."

Issuer: Jo-Ann Stores Holdings Inc.

  Probability of Default Rating , Affirmed B2-PD
  Corporate Family Rating, Affirmed B2
  Senior Unsecured Regular Bond/Debenture, Affirmed Caa1

Issuer: Jo-Ann Stores LLC.

  Senior Unsecured Regular Bond/Debenture, Downgraded to Caa1
   (LGD5) from B3 (LGD4)
  Senior Secured Bank Credit Facility, Affirmed Ba3 (LGD2)
  Senior Secured Bank Credit Facility, Assigned B1 (LGD3)

The ratings outlook is stable.

                         RATINGS RATIONALE

Jo-Ann's B2 CFR reflects its weak overall quantitative credit
profile, with debt/EBITDA (as calculated by Moody's) of 5.2 x and
adjusted EBITA/interest expense of 1.3x for the latest twelve month
period ended July 30, 2016.  Jo-Ann's credit profile is supported
by the positive characteristics of the craft and hobby category,
which has a loyal customer base, positive demographic trends, and a
lower level of cyclicality relative to other areas of specialty
retail, driving stable performance and credit metrics even in
challenging economic times.  Jo-Ann's good liquidity also provides
key ratings support, as Moody's expects operating cash flow to
remain sufficient to cover interest and capital expenditures, and
the company's new $400 million ABL provides ample liquidity to fund
seasonal working capital needs.

The stable outlook considers our expectation that credit metrics
will modestly improve over time as the company undertakes
initiatives to improve store productivity and its same store sales
trend.

Ratings could be upgraded if the company demonstrates continued
sales growth and improves operating margins while de-leveraging its
balance sheet.  Quantitatively, ratings could be upgraded if
lease-adjusted debt/EBITDAR is sustained below 5.0x and adjusted
EBITA/interest exceeds 1.75x.

Ratings could be downgraded if sales trends remain negative or
margins materially decline, causing adjusted debt leverage to
exceed 6.0x or adjusted EBITA/interest to approach 1.0x on a
sustained basis.  A material erosion in liquidity or more
aggressive financial policy could also result in a ratings
downgrade.

                         CORPORATE PROFILE

Through its operating subsidiaries, Jo-Ann Stores Holdings Inc. is
a leading retailer of fabrics and craft supplies offering a wide
range of products for quilting, apparel, craft and home decor
sewing.  Jo-Ann operates 844 retail stores in 49 states as of
July 30, 2016.  Annual revenues are in excess of $2.3 billion.  The
company is majority owned by affiliates of Leonard Green & Partners
L.P.

The principal methodology used in these ratings was Retail Industry
published in October 2015.



JO-ANN STORES: S&P Assigns 'B' Rating on $850MM 1st Lien Term Loan
------------------------------------------------------------------
S&P Global Ratings assigned its 'B' issue-level rating and '3'
recovery rating to Hudson, Oh.-based fabrics and crafts retailer
Jo-Ann Stores Holdings Inc. subsidiary Jo-Ann Stores LLC.'s
$850 million first-lien term loan.  The '3' recovery rating
indicates S&P's expectation that lenders would receive meaningful
recovery (lower half of the range 50% to 70% range) of their
principal in the event of a payment default.  This follows a
leverage-neutral refinancing to upsize the company's asset-based
lending (ABL) revolving credit facility and term loan B, with
proceeds going to repay all borrowings under the existing ABL and
term loan.  The company will use the remaining amount to repay a
majority of the $450 million unsecured notes.  All other ratings,
including the 'B' corporate credit rating and negative outlook on
the company are unchanged.

The negative outlook on Jo-Ann Stores reflects S&P's expectation
for leverage to remain in the mid- to high-5x range over the next
12 months as the company continues to contend with soft operating
performance trends.  Despite EBITDA gains over the latest 12
months, the company has experienced declining same-store sales more
recently because of increased competition, and S&P remains cautious
about its ability to reverse those trends in the coming year.
Overall, S&P expects earnings growth to be flat as improved expense
management partially offsets negative sales trends.  Jo-Ann Stores
continues to maintain adequate liquidity, supported by positive
free operating cash flow and access to a recently upsized $400
million ABL revolving credit facility.

RATINGS LIST

Jo-Ann Stores Holdings Inc.
Corporate Credit Rating                    B/Negative/--

New Rating
Jo-Ann Stores LLC
Senior Secured
$850 mil first-lien term loan due 2023     B
   Recovery rating                          3L


JOSE LUIS CRESPO: Hearing on Disclosures Set For Oct. 7
-------------------------------------------------------
The Hon. Edward A. Godoy of the U.S. Bankruptcy Court for the
District of Puerto Rico has scheduled for Oct. 7, 2016, at 9:30
a.m. the hearing to consider Jose Luis Crespo Lorenzo's disclosure
statement describing the Debtor's Chapter 11 plan.

Objections to the Disclosure Statement must be filed not less than
14 days prior to the hearing.  

Jose Luis Crespo Lorenzo filed for Chapter 11 bankruptcy protection
(Bankr. D.P.R. Case No. 14-04720).  The Debtor is represented by
Jose Ramon Cintron.


JOSEPH HARTLEY: Selling Cabo San Lucas Property to Relative
-----------------------------------------------------------
Joseph Allen Hartley and Rachel Kay Hartley ask the U.S. Bankruptcy
Court for the District of Nebraska to authorize the private sale of
a real estate located in Cabo San Lucas, Mexico, commonly described
as Casa Azul, Lot #9, Santa Carmela, Cabo San Lucas, BCS, MX, to a
relative of the Debtors.

The Hartleys' primary business is in the computer industry and was
formerly in the deep sea fishing industry, from which they are
extricating.  They are not typically in the real estate sales
business.

As is common in Mexico, the property includes only the house and
not the ground upon which it sits.  This and complications in
obtaining financing have made the sale of the property quite
difficult.  It has been on the market for four years.  Lenders have
also been unwilling to refinance the property.

The only known lienholder with any value on the property is
Santander Mexican ("Bank") as set forth on the Hartleys Schedule at
D-5.  The Bank will not be financially impacted by the proposed
private sale of the property, as the Purchaser is buying it for the
full balance of the loan and is assuming payments.  The Motion does
not propose to eliminate the Bank's lien on the property.  The
property will transfer ownership subject to the Bank's lien, but
free and clear of any and all other liens, claims or encumbrances,
of which it is believed that there are none.  If there is a junior
lien, it will receive no payments or proceeds as a result of the
sale.

The sale price will be the Purchaser's assumption of the Bank's
loan balance and any other obligations that go with ownership of
the property, such as taxes, insurance and property maintenance
requirements.  Accordingly, the Bank will not be harmed by the
Court's issuance of an Order granting the Motion.  The balance of
the Bank's lien is in excess of $1,000,000 and a significant
portion of the Hartleys' monthly budget as evidenced by the Monthly
Operating Reports includes the debt service and other tax,
insurance and maintenance obligations associated with the
property.

Closing, and final settlement, if any, to transfer ownership of the
property are to occur by Oct. 4, 2016, or as soon thereafter as
approved by the Court.  The benefit to the Bankruptcy Estate and
the Debtors are that it creates a budget that allows for net income
which can be dedicated to the Global Settlement currently being
negotiated with Independence Bank of Rhode Island to resolve the
various adversary proceedings and non-bankruptcy litigation between
Independence Bank and the Hartleys; to pay the Stipulated payment
obligation on the IRS secured claim previously approved by the
Court, as well as enable Debtors to fund a Plan which will
incorporate the Global Settlement and the IRS Stipulation.

The Hartleys believe that the course of action will obtain a fair
and reasonable price (i.e. the Bank loan balance) and that the sale
is consistent with its best efforts to implement an effective
reorganization.  Net proceeds will be paid to the Bank by the
Purchaser in installments consistent with the obligations to Bank
of the current underlying note and mortgage documents.  It is not
anticipated that any personally identifiable information is
included as part of the sale.

            About Joseph Allen and Rachel Kay Hartley

The primary business of Joseph Allen Hartley and Rachel Kay Hartley
is in the computer industry and was formerly in the deep sea
fishing industry, from which they are extricating. They are not
typically in the real estate sales business.

Joseph Allen Hartley and Rachel Kay Hartley sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Neb. Case No.
15-81898) on Nov. 18, 2015.

The Debtors' attorneys:

         David G. Hicks, Esq.
         POLLAK, HICKS & ALHEJAJ, P.C.
         Burt Street Professional Building
         11717 Bruth Street, Suite No. 106
         Omaha, NE 68154
         Tel: (402) 345-1717
         Fax: (402) 444-1724
         E-mail: DHicks@BankruptcyNebraska.com



KAIROS DEVELOPMENT: Plan Confirmation Hearing on Oct. 19
--------------------------------------------------------
Honorable S. Martin Teel, Jr. of the U.S. Bankruptcy Court for the
District of Maryland approved the  Disclosure Statement of Kairos
Development Corporation, Inc.   

Judge Teel scheduled a hearing to consider the confirmation of the
Plan on Oct. 19, 2016 at 10:00 a.m., and fixed Oct. 13, 2016 as the
last day for filing and serving on the Plan Sponsor’s attorney
written objections to the confirmation of the Plan.  Likewise, Oct.
13, 2016, is also fixed as the last day for filing written
acceptances or rejections of the Plan.

           About Kairos Development

Kairos Development Corporation, Inc., filed a Chapter 11 petition
(Bankr. D. Md. Case No. 15-11158), on January 28, 2015.  The
petition was signed by Jay Scruggs, president.  The case is
assigned to Judge Paul Mannes.  The Debtor's counsel is James
Greenan, Esq. at McNamee Hosea, et al. of Greenbelt, MD.

At the time of filing, the Debtor had $1 million to $10 million in
estimated assets and in estimated liabilities.  A list of the
Debtor's nine largest unsecured creditors is available for free at
http://bankrupt.com/misc/mdb15-11158.pdf


KALPANA J PATEL: Court Schedules Confirmation Hearing on Nov. 10
----------------------------------------------------------------
Judge John S. Dalis of the U.S. Bankruptcy Court for the Southern
District of Georgia approved the Disclosure Statement filed by
Kalpana J. Patel on July 19, 2016.

The Court also scheduled the hearing on confirmation of the Plan
and Discharge for November 10, 2016, at 10:30 a.m., and fixed
November 3, 2016 as the last day for filing written acceptances or
rejections of the Debtor's Plan.

                 About Kalpana J. Patel

Kalpana J. Patel filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Ga. Case No. 16-20067) on Feb. 2, 2016.  The case is assigned
to Judge John S. Dalis.



KEETON HEALTHCARE: Proposes Full-Payment Plan
---------------------------------------------
Keeton Healthcare Services, Inc., d/b/a Healthcare Services of
America, filed a disclosure statement proposing that holders of
Class 9 - General Unsecured Claims will be paid 100% of their
claims.

The Debtor will open an Unsecured Creditors Escrow Account and
place $2,454.39 in this account each month beginning 30 days after
the Effective Date and continuing for 52 months. This fund shall be
disbursed on a pro rata basis quarterly to all allowed Class 9
claimants beginning on the 15th day after the end of the first full
quarter after the Confirmation Date.

The Internal Revenue Service's Priority Unsecured Claim will be
paid in full, at the interest rate of 3%.  The monthly payment will
be $1,030.40 paid in 48 equal installments, beginning 90 days after
the Effective Date of the Debtor's plan.  Its claim totals
$49,458.43.

The Internal Revenue Service's General Unsecured Claim will be paid
in full in 48 monthly installments of $138.29, within 30 days after
the Effective Date of the Debtor's plan. Its claim totals
$6,637.81.

The Debtor plans to finance its 100% Repayment Plan of
Reorganization through continued operation of its business.

A full-text copy of the Disclosure Statement dated August 31, 2016,
is available at http://bankrupt.com/misc/16-31165-49.pdf

Keeton Healthcare Services, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 16-31165) on
March 1, 2016. The Debtor is represented by Nelson M Jones III,
Esq., at the Law Office of Nelson M. Jones III.

The Debtor operates an extensive range of respiratory therapy
services, oxygen therapy, enteral/parenteral nutrition products and
services, advanced home ventilators, sleep therapy, aerosol
therapy, and providing the use of durable medical equipment.

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 Keeton Healthcare Services, Inc.


KENNETH DRINKARD: Disclosures Get Preliminary OK; Oct. 18 Hearing
-----------------------------------------------------------------
The Hon. Marci B. McIvor of the U.S. Bankruptcy Court for the
Eastern District of Michigan has granted preliminary approval of
Kenneth Drinkard's combined plan and disclosure statement dated
Aug. 23, 2016.

The hearing on objections to final approval of the first amended
disclosure statement and confirmation of the plan will be held on
Oct. 18, 2016, at 10:30 a.m.

The deadline to return ballots on the plan, as well as to file
objections to final approval of the disclosure statement and
objections to confirmation of the plan, is Oct. 11, 2016.  

The deadline for all professionals to file final fee applications
is Nov. 18, 2016.

                     About Kenneth Drinkard

Kenneth Drinkard sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 16-43482) on March 9,
2016.  The Debtor is represented by Constance G. Grayson, Esq., at
Gullette & Grayson, PSC.


KLEEN LAUNDRY: Unsecured Creditors to Get $100K Under Ch. 11 Plan
-----------------------------------------------------------------
Kleen Laundry and Drycleaning Services, Inc., filed with the U.S.
Bankruptcy Court for the District of New Hampshire a disclosure
statement dated Sept. 1, 2016, to accompany the Debtor's plan of
reorganization dated Aug. 24, 2016.

Class 8 Unsecured Claims is impaired.  The Plan basically creates a
pot of money from the sale of the business.  At the closing, the
Debtor expects that there will be $1,545,000 in cash available to
be paid to creditors of the estate.  The Debtor thus expects that
there will be $100,000 available to unsecured creditors.

The Plan provides that the initial dividend will be made on or
within 90 days after the closing date or 20 days after a particular
claim is allowed.  That means that for claims with
respect to which there is no objection the dividend will occur on
or before approximately Feb. 15, 2017.

It is unlikely that the Plan will result in payment to unsecured
creditors in excess of $100,000 unless the sale process results in
a sale of the Debtor for more than $1,765,400 plus the assumption
of certain liabilities, which the Debtor-in-Possession does not
expect.  There may also be a distribution from proceeds of certain
claims retained by the Plan Trustee.  The Debtor does not
anticipate a material additional dividend from those claims.  The
Debtor anticipates that the dividend of $100,000 will be shared
among approximately $5,409,000 in unsecured claims for a dividend
of approximately 1.85% on or before approximately Feb. 15, 2017.

The Plan provides for the auction sale of the business while it is
a going concern.  The essence of the Plan is that the business is
sold.  The proceeds from the sale of the business are then
distributed to creditors with the first $850,000 being paid to the
first lien holder, then to creditors in order of priority.  If
there is competitive bidding, then the excess of the Base Bid
over $2,000,000 will be paid to administrative claims and then to
TD Bank.

After closing, the Plan creates a litigation trust and appoints a
trustee to pursue any available preference recoveries.  While there
are a large number of payments in the 90 days before the bankruptcy
petition, the Debtor does not believe that there will be
substantial preference recoveries.  However, the Plan will appoint
a Plan Trustee to examine those claims and seek to recover what may
be recovered.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/nhb16-11079-101.pdf

                 About Kleen Laundry

Kleen Laundry and Drycleaning Services, Inc., is a New Hampshire
corporation formed in the State of New Hampshire on June 20, 1950,
as Lebanon Laundry and Dry Cleaners, Inc.  The corporate name was
changed to Kleen Laundry and Drycleaning Services, Inc. on May 16,
1967.  Kleen Laundry and Drycleaning Services merged with Kleen
Linen Service, Inc., on Dec. 29, 1972, and was the surviving
entity.  At the time the Chapter 11 petition was filed, the sole
shareholder of Kleen Laundry and Drycleaning Services was Kleen LD,
LLC (formerly Kleen LLC) which in turn is solely owned by
Kleen/Envoy Services, LLC, a Delaware limited liability company.

The Debtor filed a Chapter 11 petition (Bankr. D.N.H. Case No.
16-11079) on July 25, 2016.  The Debtor is represented by Richard
J. McPartlin, Esq. and Edmond J. Ford, Esq., at Ford & McPartlin,
P.A.


LANDESK: $20MM Shift to 1st Lien Loan No Impact on Moody's B2 CFR
-----------------------------------------------------------------
Moody's Investors Service said that LANDesk's B2 corporate family
rating, B1 first lien ratings, Caa1 second lien rating and negative
outlook are unaffected, following the company's announcement to (i)
increase its proposed first lien term loan to $535 million from
$515 million and (ii) decrease its proposed second lien term loan
to $175 million from $195 million.


LANDSLIDE HOLDINGS: S&P Lowers Rating on Revolving Facility to 'B'
------------------------------------------------------------------
S&P Global Ratings revised its recovery rating on South Jordan,
Utah-based Landslide Holdings Inc.'s revolving credit facility due
2021 and senior secured first-lien term loan due 2022 to '3',
indicating S&P's expectation for meaningful (50%-70%, upper half of
the range) recovery in the event of a default, from '2'.  S&P
subsequently lowered its issue-level rating on the revolving
facility and first-lien debt to 'B' from 'B+', in accordance with
S&P's notching criteria.

"The rating action follows the company's proposal to upsize the
first-lien term loan to $535 million from $515 million while
downsizing the second-lien term loan due 2023 to $175 million from
$195 million," said S&P Global Ratings credit analyst Minesh
Shilotri.

The upsizing does not affect S&P's view of the corporate credit
rating or the issue-level rating on the second lien.

RATINGS LIST

Landslide Holdings Inc.
Corporate Credit Rating                     B/Stable/--

Downgraded; Recovery Rating Revised
                                            To           From
Senior Secured
  $20 mil sr revolver bank ln due 2021      B            B+
   Recovery Rating                          3H           2L
  $535 mil 1st lien term bank ln due 2022   B            B+
                
   Recovery Rating                          3H           2L

Ratings Unchanged

  $175 mil 2nd lien term bank ln due 2023   CCC+
   Recovery Rating                          6



LAS VEGAS JOHN: Community Bank's Bid to Prohibit Cash Use Denied
----------------------------------------------------------------
Judge August B. Landis of the U.S. Bankruptcy Court for the
District of Nevada denied Community Bank's Motion, which sought to
prohibit Las Vegas John, L.L.C., from using cash collateral, as
moot, and without prejudice.

                   About Las Vegas John

Las Vegas John, L.L.C., filed a chapter 11 petition (Bankr. D. Nev.
Case No. 16-14273) on August 3, 2016.  The petition was signed by
Dmitrios P. Stamatakos, managing member.  The Debtor is represented
by Matthew C. Zirzow, Esq., at Larson & Zirzow.  The case is
assigned to Judge August B. Landis.  The Debtor estimated assets at
$1 million to $10 million and debts at $500,000 to $1 million at
the time of the filing.  No official committee of unsecured
creditors has been appointed in the case.


LEJ PROPERTIES: Unsecureds To Recoup 100% Under Plan
----------------------------------------------------
LEJ Properties, Inc., and Lenard Emitt Jowell, Jr., filed with the
U.S. Bankruptcy Court for the Northern District of Texas a
disclosure statement describing the Debtors' second amended joint
plan of reorganization dated Aug. 24, 2016.

Class 6 Unsecured General Claims estimated at $645,000 are impaired
under the Plan.  Allowed Unsecured General Claims will bear
interest (i) from and after the Petition Date through the Effective
Date at the legal rate and (ii) after the Effective Date until paid
in full at the plan rate.  Under the Plan, Class 6 holders will
recover 100%.

The Distributions to be made by the Reorganized Debtor under the
Plan will be funded from the initial distribution fund and, if
necessary, the additional sources specified in the Plan.  In the
event that Post-Effective Date financing is obtained, it is
contemplated that the Reorganized Debtor will, if required, cause
Texas 150 to grant a security interest in and lien on the remaining
Texas 150 property in order to obtain and secure Post-Effective
Date financing.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/txnb14-40965-126.pdf

Headquartered in Fort Worth, Texas, LEJ Properties, Inc., filed for
Chapter 11 bankruptcy protection (Bankr. N.D. Tex. Case No.
14-40965) on March 3, 2014, estimating its assets at between $1
million and $10 million and liabilities at between $500,000 and $1
million.  The petition was signed by Lenard Emitt Jowell, Jr.,
president.

Judge Russell F. Nelms presides over the case.

J. Robert Forshey, Esq., and Matthew G. Maben, Esq., at Forshey &
Prostok, LLP, serves as the Debtor's bankruptcy counsel.


LEN-TRAN INC: Asks Court to Extend Plan Filing Period to Oct. 10
----------------------------------------------------------------
Len-Tran, Inc., dba Turner Tree & Landscape, requests the U.S.
Bankruptcy Court for the Middle District of Florida to extend the
period during which the Debtor has the exclusive right to (a)
propose and file a plan of reorganization through and including
Oct. 10, 2016, and (b) solicit acceptances of a plan through and
including Dec. 9, 2016.

The Debtor's initial 120-day period where only the Debtor may file
a plan would expire on Sept. 10, 2016, and the Debtor's 180 day
period to obtain acceptances of a plan would expire on Nov. 9,
2016.

Although the Debtor is in the process of formulating its plan, the
Debtor requires an extension to finalize same. Simultaneously with
the filing of this Motion, the Debtor has also filed another
Motion, requesting for an extension through and including Sept. 30,
2016 to file its plan and disclosure statement.

                         About Len-Tran Inc.

Len-Tran, Inc., dba Turner Tree & Landscape, based in Bradenton,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-04145) on May 13, 2016. Elena P Ketchum, Esq., at Stichter,
Riedel, Blain & Postler, P.A., serves as counsel to the Debtor. In
its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Darrell
Turner, president.

No official committee of unsecured creditors has been appointed in
the case.


LESLIE JOE WENNINGER: Court Okays Disclosures, Confirms Plan
------------------------------------------------------------
The Hon. Janice D. Loyd of the U.S. Bankruptcy Court for the
Western District of Oklahoma has approved Leslie Joe Wenninger and
Cheryl Lynn Wenninger's disclosure statement and confirmed their
Chapter 11 Plan dated July 22, 2016.

The definition of administrative expense under the Plan will be
supplemented by adding this language to the end of that subsection:
the tax liabilities of the individual debtors to the Internal
Revenue Service for any tax year or period which ends after the
petition date will constitute a post-petition liability to be paid
as otherwise required by federal law and will not be subject to the
terms of this Plan including the discharge provisions.

The treatment of the Class 3 Claims in the Plan will be amended to
substitute this provision for the first paragraph of that section:

   "the unsecured priority claim of the Internal Revenue Service is
allowed in full as filed on its proof of claim and will be paid in
equal monthly payments within 5 years of the order of relief, with
interest from the Confirmation Date.  The remaining default
provisions contained in Section 3.03 will remain unchanged."

The treatment of Class 4 Claims in the Plan will be amended to
substitute this provision:

   "the secured claim of the Internal Revenue Service is allowed in
full as filed on its proof of claim and will be paid in equal
monthly payments within 5 years of the order for relief, with
interest from the Petition Date.  The Internal Revenue Service will
retain its liens until the secured claims are paid in full.  In
addition, the liens attach to all post-petition property of the
Debtors until all of the secured claims of the Internal Revenue
Service are fully satisfied."

The Debtors consent and agree that the injunction language
contained in the Disclosure Statement is not included as part of
the Plan and will have no effect under the Plan.  The Debtors will
not be entitled to any greater injunction than as otherwise
automatically afforded through the provisions of the Bankruptcy
Code.

The IRS' objection to feasibility of the Plan is withdrawn.

Leslie Joe Wenninger and Cheryl Lynn Wenninger filed for Chapter 11
bankruptcy protection (Bankr. W.D. Okla. Case No. 16-10560) on Feb.
24, 2016.


LIDA BAUCAGE PEREZ: Unsecureds to Get 10% Under Ch. 11 Plan
-----------------------------------------------------------
Lida Baucage Perez filed a disclosure statement proposing 10%
recovery for holders of general unsecured claims.

Under the Plan, at the effective date holders of Class 3 - General
Unsecured Claims will receive a lump-sum payment in the amount of
$10,702.38.  The Debtor will pay $600.00 monthly pro-rata basis for
a five-year period among Class 3 and Class 4 - General Unsecured
Claim (initially intended to be secured).  With the current claims
and allowed amounts by the Plan, the Class 3 will receive $128.11
monthly for the general unsecured creditors in a 5 year period.
Based on the current allowed amounts, each claim holder in Class 3
will receive approximately 10% of the allowed amount.

Class 4 will receive a lump-sum payment in the amount of
$39,421.36. With the current claims and allowed amounts by the
Plan, the Class 4 will receive $471.89 monthly for the general
unsecured creditors in a five-year period.  The claim holder under
this class will receive approximately 10% of the allowed amount.

Payments and distributions under the Plan will be funded by the
cash flow from future income of the Debtor and from the proceeds of
the sale of a real property.

A full-text copy of the Disclosure Statement dated Aug. 31, 2016,
is available at http://bankrupt.com/misc/15-04099-122.pdf

Lida Baucage Perez, a general physician practitioner, initially
filed a Chapter 13 petition (Bankr. D.P.R. Case No. 15-04099), but
was forced to file for conversion to a Chapter 11 case since the
amount of unsecured debts surpassed the limits set forth by Section
109(e) of the Bankruptcy Code.

The Debtor is represented by Carlos Alberto Ruiz Law Office, CSP.


LIME ENERGY: Board Proposes Recapitalization Transactions
---------------------------------------------------------
The Board of Directors of Lime Energy Co. instructed the Company's
management to prepare and file a preliminary proxy statement with
respect to a proposed recapitalization comprising three steps:

   * first, a reverse stock split of the Company's outstanding
     shares of common stock, at a ratio to be determined;

   * second, the payment of cash in lieu of fractional shares to
     each shareholder that would otherwise hold less than one full

     share of common stock, after giving effect to the reverse
     stock split; and

   * third, a forward stock split of all common stock of the
     Company that remains outstanding after the first two steps,
     at a ratio reciprocal to the ratio applied in the reverse
     stock split.

The proposed transaction, referred to as a "reverse/forward stock
split," would be effected by the filing of amendments to the
Company's certificate of incorporation and is designed to reduce
the number of record holders of Company common stock.  If, for
example, the ratio applied in the reverse stock split is 1-for-300,
each current stockholder of the Company with less than 300 shares
of Company common stock on the record date for the transaction will
receive the fair value of such shares in cash in accordance with
Section 155 of the Delaware General Corporation Law, and such
shares will be cancelled.  The proposed transaction will have no
effect on the number of shares held by any stockholder that would
hold at least one full share of common stock after the reverse
stock split (that is, in the above example, any stockholder that
holds 300 or more shares of Company common stock on the record
date).

If following effectiveness of the proposed transaction, there are
fewer than 300 holders of record of the Company's common stock, the
Company may deregister its common stock and cease to be a reporting
company under the Securities and Exchange Act of 1934, as amended.

The Board currently intends to seek stockholder approval for
reverse/forward stock splits at various ratios.  The terms and
contemplated timeline of the proposed transaction, including the
various possible ratios contemplated by the Board and the manner of
determining the fair value for fractional share interests to be
cashed out in the proposed transaction, will be set forth in the
preliminary proxy statement and a transaction statement on Schedule
13E-3 outlining the proposed transaction.  The Company expects to
pay the transaction costs and consideration for the fractional
share interests from existing cash reserves.

If consummated, the proposed reverse/forward stock split will apply
directly to holders of record only.  Persons who hold shares of
Company common stock in "street name" are encouraged to contact
their bank, broker, or other nominee for information on how the
proposed transaction may affect any shares of Company common stock
held for their account.

The Board may abandon the proposed reverse/forward stock split at
any time prior to the filing and effectiveness of the applicable
amendments to the Company's certificate of incorporation, even
after stockholder approval, if the Board determines in its business
judgment that such transaction is no longer in the best interests
of the Company or its stockholders.

                          About Lime Energy

Headquartered in Huntersville, North Carolina, Lime Energy Co. --
http://www.lime-energy.com/-- is engaged in planning and
delivering clean energy solutions that assist its clients in their
energy efficiency and renewable energy goals.  The Company's
solutions include energy efficient lighting upgrades, energy
efficient mechanical and electrical retrofit and upgrade services,
water conservation, building weatherization, on-site generation
and renewable energy project development and implementation.  The
Company provides energy solutions across a range of facilities,
from high-rise office buildings, distribution facilities,
manufacturing plants, retail sites, multi-tenant residential
buildings, mixed use complexes, hospitals, colleges and
universities, government sites to small, single tenant facilities.

Lime Energy reported a net loss available to common stockholders of
$4.44 million on $113 million of revenue for the year ended Dec.
31, 2015, compared to a net loss available to common stockholders
of $5.60 million on $58.8 million of revenue for the year ended
Dec. 31, 2014.

As of June 30, 2016, Lime Energy had $46.2 million in total assets,
$40.6 million in total liabilities, $11.40 million in contingently
redeemable series C preferred stock, and a $5.76 million total
stockholders' deficiency.


LISA DI DIANA: Disclosures OK'd; Amended Plan Confirmed
-------------------------------------------------------
The Hon. Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois has approved Lisa M. Di Diana's first
amended disclosure statement and confirmed the Debtor's first
amended plan of reorganization.

The Debtor filed a plan of reorganization and disclosure statement
on Oct. 6, 2015.  On Dec. 23, 2015, the Debtor filed her first
amended plan of reorganization and her first amended disclosure
statement.

On Aug. 11, 2016, the claimant in Class 3, Ditech Financial, LLC,
fka Green Tree Servicing, LLC, voted to accept the Plan.  On Aug.
12, 2016, Ditech withdrew its objection to confirmation of the
Plan.

On Aug. 23, 2016, the combined hearing on the adequacy of the
Disclosure Statement and confirmation of the plan was held, at
which the Debtor's counsel made an offer of proof.

With respect to an impaired class that has not voted, that class of
claims will receive future cash payments on the allowed claims in
excess of what would be received by the holder of the impaired
class of claim if the Debtor's estate was liquidated under Chapter
7.

The mortgage lien of U.S. Bank will remain in ful force and effect
until both teh allowed secured claim and the allowed unsecured
claim are paid in full pursuant to the Plan.

Lisa M. Di Diana filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Ill. Case No. 15-14156 ) on April 21, 2015.


LIVINGSTON INTERNATIONAL: S&P Affirms 'B' CCR; Outlook Stable
-------------------------------------------------------------
S&P Global Ratings said it revised its outlook on Livingston
International Inc. to stable from negative.  At the same time, S&P
Global Ratings affirmed its 'B' long-term corporate credit rating
on the company.

S&P Global Ratings also affirmed its 'B' issue-level rating on the
company's first-lien debt and its 'CCC+' issue-level rating on
Livingston's second-lien debt.  The respective recovery ratings on
the debt are unchanged at '4', indicating average (30%-50%; higher
end of range) recovery, and '6', indicating negligible (0%-10%)
recovery in default.

"The outlook revision our expectation that, post-transaction,
Livingston will maintain adequate liquidity, with adjusted
FFO-to-interest coverage exceeding 2x and a sustained covenant
cushion of at least 15%," said S&P Global Ratings credit analyst
Aniki Saha-Yannopoulos.

Livingston is a pure play customs broker, providing services to
both U.S. and Canadian customers.

S&P's weak business risk profile assessment on Livingston reflects
the company's dependence on the volume of crossborder trade between
Canada and the U.S., which is highly correlated to the economic
health of these countries. Canada's GDP growth has been sluggish,
which has contributed to a reduction in S&P's revenue growth
estimates for this year.  The weak Canadian dollar relative to the
U.S. dollar is also expected to contribute to softer demand for
Livingston's services, which could pressure profitability. With the
acquisition, we expect Livingston's market share in Canada will
improve by 5%-7% but not enough to revise the company's business
risk profile.

North American customs brokerage is a highly fragmented market,
with more than 2,000 customs brokerage firms in the U.S. and
Canada, exposing the company to strong competition;
post-acquisition, S&P expects Livingston's Canadian market share to
be in the high 20% area but the U.S. share to not change, in the
mid-single digits.  Although there are some barriers to entry, such
as the integration of Livingston's IT system with its customers,
S&P believes the company must actively work to maintain its
customer base to retain market share.  This risk, however, is
partially offset by the company's leading position in this
fragmented industry and Livingston's diversity as the company
supports a number of different end markets and continues to expand
within the U.S.  Furthermore, Livingston has long-standing
relationships with its clients.  The average tenure of the
company's top 100 customs brokerage clients in Canada is 23 years
and an average of 13 years across its top 100 U.S. customs
brokerage clients.  Despite the cyclical nature of Livingston's
business, the company has produced what S&P views as relatively
stable EBITDA margins due to a flexible cost structure.  The
scalable, non-asset-based business model allows Livingston to
adjust for volume changes relatively quickly with minimal
additional investment and expense.

The stable outlook reflects S&P Global Ratings' expectation that
Livingston will successfully integrate Affiliated's operations and
see steady cash flow despite the effect of the weakening Canadian
dollar and some weakness in the Canadian brokerage business.  It
also incorporates our expectation that the company will maintain
its operating efficiency, as well as its current level of
profitability, over S&P's forecast period.  Under these parameters,
S&P expects Livingston's adjusted debt-to-EBITDA ratio will improve
from current levels and be around 7x.

S&P could consider a downgrade should adjusted FFO to interest drop
below 2x, with limited prospects for improvement, and if both
liquidity and covenant cushions tighten.  This could result from
deteriorating economic activity, debt-financed acquisitions, or
operational missteps, leading to weaker trade volumes.

S&P believes an upgrade is unlikely as the ratings are constrained
by Livingston's financial risk profile, as reflected in S&P's
forecast leverage in the next two years; however, an upgrade is
possible should the company sustain adjusted leverage below 5x.


MAGNOLIA LANE: Incurs $42,000 Net Loss in July 31 Quarter
---------------------------------------------------------
Magnolia Lane Income Fund filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $41,957 on $78,368 of rental revenue for the three months ended
July 31, 2016, compared to a net loss of $42,483 on $62,818 of
rental revenue for the three months ended July 31, 2015.

As of July 31, 2016, Magnolia Lane had $3.58 million in total
assets, $2.01 million in total liabilities and $1.56 million in
total equity.

As of July 31, 2016, the Company had $228,758 cash on hand and net
cash provided by operations of $26,013.  Management believes its
increasing cash provided by its secured line of credit and the
availability of loans from related parties will be adequate to
sustain its operations at the current level for the next twelve
months.  

"Should we not be able to meet our current financial needs, the
Company will seek alternative methods of financing, such as issuing
convertible debt or introducing additional shares of its common
stock into the market," the Company stated in the report.

The Company's decrease in stockholders' equity is primarily due to
recurring losses.

Net cash provided by operating activities was $26,013 for the three
months ended July 31, 2016 as compared to $3,265 for the three
months ended July 31, 2015, reflecting an increase in accounts
receivable which was offset by increased depreciation and
amortization as well as accounts payable and accrued expenses.

Net cash used in investing activities was $1,835 for the three
months ended July 31, 2016, as compared to $1,809 for the three
months ended July 31, 2015, both representing the restricted cash
on hand.

Net cash used in financing activities amounted to $4,499 for the
three months ended July 31, 2016, as compared to $4,208 for the
three months ended July 31, 2015, both representing the amount paid
against the principle balances of our mortgages.

The Company's principal sources of liquidity include cash from
rental revenue and loans from shareholders to cover mortgage
obligations.

"As reflected in the accompanying consolidated financial
statements, the Company had an accumulated deficit of $746,345.
These conditions raise substantial doubt about its ability to
continue as a going concern.

"The ability of the Company to continue as a going concern is
dependent upon the Company's ability to further implement its
business plan and generate sufficient revenues.  The consolidated
financial statements do not include any adjustments that might be
necessary if the Company is unable to continue as a going concern.
Management believes that the actions presently being taken to
further implement its business plan and generate revenues provide
the opportunity for the Company to continue as a going concern,"
the Company said.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/0MrGgj

                      About Magnolia Lane

Magnolia Lane Income Fund was incorporated in the state of Delaware
on May 12, 2009.  The Company was formed to commence business as a
stock agent in the wool trade.

On May 13, 2013, the Company entered into a stock purchase
agreement with Ian Raleigh and Michael Raleigh and Magnolia Lane
Financial, Inc., whereby the Purchaser purchased from the Sellers,
10,000,000 shares of common stock, par value $0.0001 per share, of
the Company, representing approximately 69.57% of the issued and
outstanding shares of the Company.  As a result, the Purchaser
became the majority shareholder of the Company.

Magnolia Lane reported a net loss of $197,969 for the year ended
April 30, 2016, compared to a net loss of $187,294 for the year
ended April 31, 2015.

Liggett & Webb, P.A., in Boynton Beach, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended April 30, 2016, citing that the Company has used
cash in operations of $22,835 and an accumulated deficit of
$707,094 at April 30, 2016.  These matters raise substantial doubt
about the Company's ability to continue as a going concern.


MATHIOPOULOS 3M: Seeks to Extend Cash Collateral Use Until Nov. 30
------------------------------------------------------------------
Mathiopoulos 3M Family Limited Partnership asks the U.S. Bankruptcy
Court for the Eastern District of California for authorization to
continue using cash collateral through November 30, 2016.

The Court had previously issued an Order authorizing the Debtor to
use cash collateral, through May 31, 2016, in order to pay for
expenses necessary to preserve its real property located in Penryn,
California in accordance with the Debtor's Stipulation with Wells
Fargo Bank, National Association.

The Debtor relates that Wells Fargo has consented to the use of
cash collateral.  The Debtor proposes to continue making monthly
adequate protection payments to Wells Fargo in the amount of
$13,193.11.

The Debtor's proposed budget of provides for regularly reoccurring
expenses for the months of September and November.  The Budget
provides for total monthly expenses in the amount of $5,168 and the
amount of $1,500 due every two months.

A full-text copy of the Supplemental Request dated September 6,
2016 is available at https://is.gd/TW2KP6

Attorneys for the Debtor:

          J. Russell Cunningham, Esq.
          J. Luke Hendrix, Esq.
          Gabriel P. Herrera, Esq.
          Nabeel M. Zuberi, Esq.
          Desmond, Nolan, Livaich & Cunningham
          1830 15th Street
          Sacramento, CA 95811
          Telephone: (916) 443-2051
          Facsimile: (916) 443-2651


               About Mathiopoulos 3M Family Limited Partnership

Mathioupoulos 3M Family Limited Partnership filed a chapter 11
petition (Bankr. E.D. Ca. Case No. 16-20852) on February 16, 2016.
The petition was signed by Diane M. Mathiopoulos, authorized
representative.  The Debtor is represented by J. Luke Hendrix,
Esq., at Desmond, Nolan, Livaich & Cunningham.  The case is
assigned to Judge Ronald H. Sargis.  The Debtor disclosed total
assets at $5.36 million and total liabilities at $3.04 million.


MED-X TRANS: Disclosures OK'd; Plan Confirmation Hearing on Dec. 6
------------------------------------------------------------------
The Hon. Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut has entered an amended order approving
Med−X Trans, Inc.'s first amended disclosure statement describing
the Debtor's first amended plan of reorganization.

A hearing on the confirmation of the Debtor's First Amended Plan is
scheduled for Dec. 6, 2016, at 12:00 p.m.  Objections to the First
Amended Plan must be filed by Nov. 21, 2016.

As reported by the Troubled Company Reporter on Aug. 31, 2016, the
Debtor filed the Plan which proposes that general unsecured
creditors receive full payment of their claims.  Class 6 general
unsecured claims in the total amount of $350,000 will be paid in
full over eight years.  Creditors will receive a monthly payment of
$3,645, without interest, starting Jan. 30, 2018.

The Plan or a court-approved summary, the Disclosure Statement, and
a copy of the Disclosure Statement court order must be mailed to
all creditors and equity security holders by Oct. 17, 2016.

Nov. 21, 2016, is the last day for returning written ballots of
acceptance or rejection of the Plan.  The report of ballots and
administrative expenses will be filed with the Court by Nov. 28,
2016.

                        About Med-X Trans

Headquartered in Plainfield, Connecticut, Med-X Trans, Inc., dba
Med-X Transportation, Inc., dba Med-X Enterprises, is in the
business of providing transportation to clients for non-emergency
medical appointments.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Case No. 15-21942) on Nov. 6, 2015, listing $486,750 in total
assets and $1.24 million in total liabilities.  The petition was
signed by Hugh Viele, treasurer.

Judge Ann M. Nevins presides over the case.

Anthony S. Novak, Esq., at Novak Law Office, P.C., serves as the
Debtor's bankruptcy counsel.


MEDIANEWS GROUP: Renews Opposition to Sale of Monster to Randstad
-----------------------------------------------------------------
MediaNews Group Inc., the largest shareholder of Monster Worldwide,
Inc., with an ownership interest of 11.6% of Monster's outstanding
shares, announced it has delivered an open letter to Monster
shareholders on Sept. 12, 2016.

The full text of the letter follows:

Dear Fellow Shareholders:

Over the last week we've had the opportunity to review the public
filings related to Randstad's tender offer for Monster Worldwide
Inc. (NYSE: MWW) ("Monster" or the "Company") and also to listen to
fellow Monster shareholders regarding their views.  The filings and
shareholders' sentiment make one thing abundantly clear: the
proposed sale to Randstad at a fire sale price resulted from a
rushed and flawed process and it significantly undervalues the
Company.  We continue to strongly believe that a more robust
auction process and an evaluation of strategic and operational
changes to the business would yield a much better result than the
$3.40 price being offered by Randstad.  We want to reiterate that
we will not tender our shares in the current tender offer and we
intend to exercise our appraisal rights to receive the actual value
of our shares -- not the undervalued Randstad price -- in the event
the current Randstad deal closes.

We are also moving forward with the process to solicit consents to
replace Monster's board of directors with a new slate of directors
and will be sharing more information about this with shareholders
over the coming weeks.  Our goal is to assemble a capable board
that will represent the interests of all shareholders and focus on
implementing the changes necessary to drive shareholder value.

* Flawed Sale Process with Artificial Time Sensitivity

It is clear to us that the Randstad deal was entered into by the
board out of desperation to avoid announcing yet another quarterly
miss by the Company.  This false sense of urgency explains why the
Company executed an exclusivity agreement with Randstad on July
22nd at $4.00 per share, and on August 4th, only four days before
the artificially imposed target signing date of the deal, accepted
a drastic price reduction of 15% to $3.40 without any pushback or
apparent consideration of terminating exclusivity and launching a
formal sale process.
  
We disagree with the board's logic that "engaging in a formal sale
process had significant risks that could be detrimental to
stockholder value."  If the process was set up correctly and
managed properly, potential disruptions could have been minimized
and the Company would have put itself in the best position to
realize its full value, especially when there was interest from
multiple potential buyers at prices significantly higher than what
Randstad was offering.

* Poorly Managed Interactions with Interested Buyers

The Company's Tender Offer Recommendation Statement described a
potential buyer, Financial Acquirer B ("Acquirer B"), who on March
24th submitted an indication of interest at $4.30 -- and a
subsequent increase to $4.45 on April 1st -- with no financing
contingency.  On April 24th, Acquirer B said they could not further
increase their $4.45 indication absent additional information from
the Company.

Despite Acquirer B's keen interest, the Company decided not to
initiate a formal due diligence process with them (thereby stalling
their indication of interest) citing concerns over Q1 earnings and
their belief Acquirer B would participate in a formal sale process
if one were initiated -- no such process was ever initiated.
Approximately three months later on July 21st, Acquirer B requested
a meeting with the Company to discuss its forecast for Q3 and Q4
given the Q2 results, which the Company had shared with Acquirer B
the previous week.  These requests were ignored and that same day
-- despite these continuing expressions of interest from Acquirer B
-- Monster's board agreed to exclusivity with Randstad, shutting
Acquirer B out the process.

In another troubling failure to seriously engage with interested
buyers, on July 8th, the Company indicated to Strategic Acquirer E
("Acquirer E") a required minimum price of $5.00 per share and no
financing condition in order to consider a potential transaction
(at this time, Randstad's bid was $3.50).  On July 12th, Acquirer E
outlined a proposal to acquire the Company for $5.00 per share,
with no financing condition.  On July 20th, the Company contacted E
and gave less than a day's notice of a deadline of 10:30am on July
21st to submit a written offer. Acquirer E responded with a lower
bid range of $4.15 - $4.20 (still higher than Randstad's $4.00 bid
at the time and significantly higher than the final accepted $3.40
bid), but also indicated that as a result of the artificially
accelerated deadline, and the fact they had not finalized financing
or reviewed the offer with their board, they would not be able to
submit a written offer.  Monster indicated to Acquirer E that it
"was under time pressure," but the Company fails to explain why it
was under such pressure. Again, it seems clear that Monster's false
sense of urgency, created by management's fear of missing quarterly
earnings again, drove the irrational decision to put such a short
deadline on a serious buyer, making it more difficult for that
buyer to submit a more formal offer.

* Poorly Managed Interactions with Interested Buyers

The Company's Tender Offer Recommendation Statement described a
potential buyer, Financial Acquirer B ("Acquirer B"), who on March
24th submitted an indication of interest at $4.30 -- and a
subsequent increase to $4.45 on April 1st -- with no financing
contingency.  On April 24th, Acquirer B said they could not further
increase their $4.45 indication absent additional information from
the Company.

Despite Acquirer B's keen interest, the Company decided not to
initiate a formal due diligence process with them (thereby stalling
their indication of interest) citing concerns over Q1 earnings and
their belief Acquirer B would participate in a formal sale process
if one were initiated -- no such process was ever initiated.
Approximately three months later on July 21st, Acquirer B requested
a meeting with the Company to discuss its forecast for Q3 and Q4
given the Q2 results, which the Company had shared with Acquirer B
the previous week.  These requests were ignored and that same day
-- despite these continuing expressions of interest from Acquirer B
-- Monster's board agreed to exclusivity with Randstad, shutting
Acquirer B out the process.

In another troubling failure to seriously engage with interested
buyers, on July 8th, the Company indicated to Strategic Acquirer E
("Acquirer E") a required minimum price of $5.00 per share and no
financing condition in order to consider a potential transaction
(at this time, Randstad's bid was $3.50).  On July 12th, Acquirer E
outlined a proposal to acquire the Company for $5.00 per share,
with no financing condition.  On July 20th, the Company contacted E
and gave less than a day's notice of a deadline of 10:30am on July
21st to submit a written offer.  Acquirer E responded with a lower
bid range of $4.15 - $4.20 (still higher than Randstad's $4.00 bid
at the time and significantly higher than the final accepted $3.40
bid), but also indicated that as a result of the artificially
accelerated deadline, and the fact they had not finalized financing
or reviewed the offer with their board, they would not be able to
submit a written offer.  Monster indicated to Acquirer E that it
"was under time pressure," but the Company fails to explain why it
was under such pressure.  Again, it seems clear that Monster's
false sense of urgency, created by management's fear of missing
quarterly earnings again, drove the irrational decision to put such
a short deadline on a serious buyer, making it more difficult for
that buyer to submit a more formal offer.

* Highly Suspect/Significant Shift in the Board’s Outlook

Beyond all these details, it still seems highly suspect to us that
the Company was buying back stock in December 2015 at an average
price of almost $6.00, and only months later was willing to engage
in discussions to sell the business for less than $4.00.  In fact,
during the Q4 2015 earnings call on February 11th, 2016, Monster's
CFO stated that "We are happy to report that we returned $8 million
of capital to our shareholders via our share repurchase program,
and we believe there is no better use of our capital than Monster
stock, particularly at current valuations."  The fact that the
Company was having discussions to sell when it was trading at or
around all-time lows, instead of devising a plan to fix the
business, indicates this board and management team are ill-equipped
to make the changes needed to create value at the Company.

* A Better Path Forward for Shareholders

Despite the current state of Monster's business, we are confident
there is a path forward for the Company that would create
significantly more value for shareholders than selling to Randstad
at $3.40 per share.  As a result, we are assembling a slate of
director candidates to replace the current board, which has proven
time and again its inability to make the right strategic and
operational decisions to create value for shareholders.  We are
confident that with the right leadership and oversight, Monster can
stem the revenue declines it is experiencing and restructure its
operations to significantly increase profitability.

Our goals are:

   * To assemble a slate of director candidates that represents
     the best interests of all shareholders and also have the
     experience and insight needed to make significant
     improvements to the business
   * To elect those candidates to the board of Monster and replace
     the current ineffective board

   * To implement the steps needed to turnaround the business and
     maximize shareholder value

We are currently in the process of selecting candidates for our
slate and look forward to communicating further with shareholders
over the coming weeks.

Sincerely,

MediaNews Group, Inc.

                   About MediaNews Group, Inc.

MediaNews Group, Inc. (d/b/a Digital First Media) is a leader in
local, multiplatform news and information, distinguished by its
original content and high quality, diversified portfolio of local
media assets.  Digital First Media is the second largest newspaper
company in the United States by circulation, serving an audience of
over 40 million readers on a monthly basis.  The Company's
portfolio of products includes 67 daily newspapers and 180
non-daily publications. Digital First Media has a leading local
news audience share in each of its primary markets and its content
monetization platforms serve clients on both a national and local
scale.


MERCHANTS BANKCARD: Cash Collateral Use Hearing Set on Oct. 14
--------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts continued the hearing on Merchants Bankcard
Systems of America, Inc.'s Cash Collateral Motion to October 14,
2016 at 10:00 a.m.

Judge Feeney allowed Davos Financial Corp.'s oral motion to appoint
an examiner, which the Debtor assented to in open court.

A full-text copy of the Order, dated Sept. 16, 2016, is available
at https://is.gd/eVQtuk

           About Merchants Bankcard Systems of America

Merchants Bankcard Systems of America, Inc., filed a Chapter 11
petition (Bankr. D. Mass. Case No. 16-13224) on Aug. 18, 2016.  The
petition was signed by Philip Chait, president.  The Debtor is
represented by David B. Madoff, Esq., at Madoff & Khoury LLP.  The
case is assigned to Judge Joan N. Feeney.  At the time of filing,
the Debtor disclosed $2.58 million in assets and $4.20 million in
liabilities.


METHANEX CORP: S&P Lowers CCR to 'BB+', Outlook Negative
--------------------------------------------------------
S&P Global Ratings lowered its long-term corporate credit rating on
Vancouver-based chemical company Methanex Corp. to 'BB+' from
'BBB-'.  The outlook is negative.

At the same time, S&P affirmed the 'BB+' issue-level rating on the
company's senior unsecured debt.  S&P is assigning its '4' recovery
rating to the unsecured debt, indicating S&P's expectation of
average (in the upper end of the 30% to 50% range) recovery in the
event of a payment default.

"The downgrade reflects the significant drop in 2015 and 2016
methanol prices, resulting from a steep decline in crude oil prices
and additional methanol capacity that came online in 2015.," said
S&P Global Ratings credit analyst Daniel Krauss.

Methanex's average realized methanol prices have declined by about
50% to $223 per tonne in the second quarter of 2016, compared with
average 2014 levels of $437 per tonne.  S&P expects that methanol
prices will begin to pick up modestly in 2017 and beyond, but still
remain well below previous expectations.  As a result, S&P no
longer expects weighted-average credit measures to improve to the
stronger end of the significant financial risk profile range, and
S&P has revised its financial risk profile assessment on the
company to aggressive from significant.  At the current rating, S&P
expects weighted-average credit measures to be in the upper end of
the aggressive range, with funds from operations (FFO) to debt in
the 15% to 20% range.

"The outlook is negative.  We expect that methanol prices will
remain challenged for the remainder of 2016, before showing modest
improvement in 2017.  Still we expect 2017 methanol prices to
remain well below 2014 and 2015 levels, due to much lower oil
prices, as well as a large amount of methanol supply that came
online in 2015.  We expect demand to improve in the mid- to
high-single-digit percentage area annually, due to several large
MTO facilities that are coming online in the coming months, as well
as increased demand from traditional methanol end uses.  At the
current rating, we would expect the company to maintain
weighted-average FFO to total adjusted debt in the 15% to 20%
range.  We expect that management's financial policies will remain
supportive of credit quality, and have not factored in any
debt-funded acquisitions, share repurchases, or large capital
expansion projects," S&P said.

S&P could lower the ratings within the next 12 months if methanol
prices do not begin to show improvement in 2017.  This could result
from weaker-than-expected demand in traditional end-use
applications for methanol, delays in the ramp up of the MTO
facilities, or continued weak crude oil prices.  Based on S&P's
downside scenario, it could lower the ratings if it expects that
weighted-average FFO to debt would remain below 15%, and thus S&P
would no longer consider it in the stronger end of the aggressive
financial risk profile assessment.  S&P could also lower the rating
if softness in the methanol market continues, S&P expects
weaker-than-expected long-term demand growth, or further
constraints in natural gas sourcing developed causing S&P to lower
its business risk profile assessment on Methanex.

S&P could revise the outlook to stable within the next 12 months if
the pickup in production and methanol prices were stronger than S&P
is currently forecasting.  In such a scenario, S&P would expect
that weighted-average FFO to debt would improve and be sustained at
nearly 20%.


METROPOLITAN STEEL: Court Sets September 26 Bid Deadline
--------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Pennsylvania
established Sept. 26, 2016, at 5:00 p.m. EST as deadline for
persons or entities to submit offers for assets of Metropolitan
Steel Industries Inc. dba Steelco.  For additional information,
contact

   Andrew J. Comly
   Real Estate Brokwer
   COMLY Auctioneers & Appraisers
   Tel: (215) 634-2500
   Email: auctions@comly.com
   Website: Comly.com/Metropolitan

Metropolitan Steel Industries Inc. --
http://www.metropolitan-steel.com-- offers construction projects
including, new construction to rehabilitation, additions, or repair
to existing structures.  In addition, the company offers services
in the following areas but not limited to metal decking, bridge
erection, reinforcing steel, pre-cast concrete, structural &
ornamental steel erection.

The Company filed for Chapter 7 protection on Aug. 3, 2016 (Bankr.
E.D Pa. Case No. 16-15510).  Judge Richard E. Fehling presides over
the Debtor's case.


MICHAEL D. COHEN: Can Use Cash Collateral on Interim Basis
----------------------------------------------------------
Judge David E. Rice of the U.S. Bankruptcy Court for the District
of Maryland authorized Michael D. Cohen, M.D., P.A., to use cash
collateral on an interim basis.

The Debtor was authorized to use the cash collateral to maintain
and preserve its assets and continue operation of its business.

PNC Bank and M&T Bank were granted replacement liens in all the
Debtor's assets which are or have been acquired, generated or
received by the Debtor after the Petition Date, and their proceeds,
and a superpriority claim limited to the extent of the diminution
of PNC Bank and/or M&T Bank's interest in cash collateral as a
result of the Debtor's use of cash collateral or imposition of the
automatic stay.

A final hearing on the use of cash collateral is scheduled on Oct.
6, 2016 at 11:00 a.m.

A full-text copy of the Order, dated Sept. 16, 2016, is available
at https://is.gd/Vm0slT

               About Michael D. Cohen, M.D.

Based in Maryland, Michael D. Cohen, M.D., P.A. dba Cosmetic
Surgery Center of Maryland dba Belcara Health, dba Belcara, 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.

The Debtor is represented by Irving Edward Walker, Esq., at Cole
Schotz P.C.



MIDWAY UNITED: Chapter 15 Case Summary
--------------------------------------
Chapter 15 Petitioner: Stuart Mackellar, Liquidator

Chapter 15 Debtors:

    Midway United Limited                       16-12640
    Wickhams Cay 1, P.O. Box 4571
    2nd Floor, Palm Grove House
    Road Town, Tortola, VG 1110
    British Virgin Islands

    Glan Worldwide Limited                      16-12641           
  
    Wickhams Cay 1, P.O. Box 4571
    2nd Floor, Palm Grove House
    Road Town, Tortola, VG 1110

Chapter 15 Petition Date: September 16, 2016

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

Judge: Hon. Martin Glenn

Chapter 15 Petitioner's  Nava Hazan, Esq.
Counsel:                 SQUIRE PATTON BOGGS (US) LLP
                         30 Rockefeller Plaza, 23rd Floor
                         New York, NY 10112
                         Tel: 212-872-9800
                         Fax: 212-872-9815
                         Email: nava.hazan@squirepb.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


MIDWAY UNITED: Seeks U.S. Recognition of BVI Proceeding
-------------------------------------------------------
Midway United Limited and Glan Worldwide Limited seek recognition
in the United States of a liquidation proceeding currently pending
before the Eastern Carribean Supreme Court in the High Court of
Justice, Virgin Islands, Commercial Division.

The petitions were filed by Mr. Stuart Mackellar, of Zolfo Cooper,
the duly appointed liquidator of Midway and Glan, in the U.S.
Bankruptcy Court for the Southern District of New York on Sept. 16,
2016, with the hope of obtaining control of the assets of the
Companies located in the United States.

In a declaration filed with the Bankruptcy Court, Mr. Mackellar
said that U.S. recognition is necesary to allow him to investigate
and reconstitute the affairs of the Companies, in the interest of
all creditors.  If recognition of the Chapter 15 cases is granted,
Mr. Mackellar plans to seek relief from the Bankruptcy Court to be
allowed to depose those individuals and request any relevant
documents in their possession that may help his investigation about
the operations and assets of Midway and Glan.

"Given the evidence of assets in the United States belonging to the
Companies and the location of the former Chief Financial Officer
and client of record in the United States, the recognition of the
Chapter 15 Cases will give me the powers necessary to take control
of any United States assets, such as bank accounts, and to obtain
relevant information from parties-in-interest, such as Larkan,
about the affairs of the Companies," said Mr. Mackellar.  Mr.
Trevor Larkan is believed to have acted as the chief executive
officer of Midway.

In accordance with Mr. Mackellar's investigation thus far, Midway
had two bank accounts located in the United States.  One account at
Citizen Bank was identified in a loan agreement between Midway and
the Borrower while another account at Bank of America, N.A. was
identified on a wire transfer credit advice in connection with the
payment of Blenheim Corporate Services Limited's fees.  Glan's
records also identify a bank account located in the United States
at BofA.

Headquartered in British Virgin Islands, Midway is owned by two BVI
companies, each owning 50% of Midway's equity interests, namely
Brodick Worldwide Limited and Midway Pacific Resources (BVI)
Limited.  Midway is the sole shareholder of Glan and holds 100% of
Glan's equity interests.

On Nov. 29, 2010, and Dec. 15, 2011, respectively, Brodick and MPRL
granted a pledge under BVI law, a so-called a "share charge", in
favor of JSC VTB Bank with respect to their shares of Midway, as
security for all present and future obligations of Eniseisky
Plywood Mill LLC (the "Borrower"), a company incorporated under the
laws of the Russian Federation, in connection with various facility
agreements governed by Russian law.  The Borrower was involved in
the manufacture of wood in the Russian Federation and approximately
99.268% of the Borrower's shares were held by Glan.  The remainder
of the Borrower's shares was held by VTB, as disclosed in court
documents.

On Dec. 15, 2011, Midway granted a pledge under BVI law in favor of
VTB with respect to Midway's shares of Glan, as security for all
present and future obligations of the Borrower in connection with
the Facility Agreements.

According to Mr. Mackellar, the Borrower failed to repay the
amounts due to VTB under the Facility Agreements and that failure
triggered an event of default under the Charges.  On Oct. 24, 2013,
VTB exercised its rights under the Charges to appoint Matthew
Richardson of FTI Consulting (BVI) Limited as receiver with respect
to the shares of Midway and Glan.

During members' meetings held on June 3, 2014, for each of Midway
and Glan, Mr. Mackellar was appointed as sole liquidator of the
Companies as a result of the members of each of the Companies
concluding that the Companies were insolvent, since the Companies'
liabilities exceeded their assets.

Currently, there are two known creditors with respect to Midway:
VTB and Blenheim Corporate Services Limited and two known creditors
with respect to Glan, VTB and Trident Trust Company (BVI) Ltd.

As the largest creditor of the Companies, VTB agreed to fund the
steps necessary to recover information and assets of the Companies.
Prior to the filing of the Chapter 15 cases, Mr. Mackellar wired
$10,000 to his United States counsel, Squire Patton Boggs (US)
LLP's account at Citibank N.A., as retainer.

The Chapter cases are assigned to Judge Martin Glenn.

A full-text copy of Stuart Mackellar's declaration is available for
free at:

      http://bankrupt.com/misc/4_MIDWAY_Declaration.pdf


MIMM CONDOMINIUM: AFP 103 Wants to Prohibit Cash Collateral Use
---------------------------------------------------------------
AFP 103 Corp. asks the U.S. Bankruptcy Court for the Southern
District of Florida to prohibit debtor MIMM Condominium
Association, Inc., from using non-estate funds including funds in
existing bank accounts and postpetition funds collected by the
Debtor.

AFP relates that the Debtor was created as the entity responsible
to maintain and administer the condominium, which is part of a
mixed use property known as The Miami International Merchandise
Mart, Hotel Plaza and Convention Center.  It further relates that
the balance of the mixed use property is a non-condominium lot
owned by AFP, and consists of a hotel, a convention center, retail
plaza, and certain facilities that benefit and are shared by the
commercial condominium.  AFP adds that the governing documents
define the shared facilities as Shared Essential Components which
include the parking lots, landscaping, private roadways and
walkways, exterior open space and other components.

AFP tells the Court that the Debtor's portion of the Shared
Essential Components is approximately $20,000 per month for the use
of the chiller, plus another $23,000 per month for other services,
which include insurance, landscaping, security, real estate taxes,
electricity, and housekeeping.  AFP further tells the Court that it
commenced, among others, an action against the Debtor in the
Circuit Court of the Eleventh Judicial Circuit in and for
Miami-Dade County, Complex Business Litigation Division, for unpaid
assessments for Shared Essential Components.

AFP contends that the state court found that the Debtor failed to
collect and remit, as collection agent, in breach of the Governing
Documents, the amount of $992,497.17, and that the state court
ordered the Debtor to assess and collect from the unit owners, and
remit to AFP, the said amount.  AFP further contends that the state
court entered a Final Judgement on its Motion to Tax Attorney's
Fees and Costs, which ordered the Debtor to assess and collect from
unit owners, and remit to AFP the total sum of $661,156.18.

AFP relates that it is currently spending, separate and apart from
the Judgements, approximately $670 per day or approximately $20,000
per month for the Debtor's electric usage and another $10,000 per
month for other services.  It further relates that there ins no
indication that the Debtor will be able to pay these monthly
minimum operating costs, nor that the Debtor will be able to cure
the arrearages consisting of the $1.7 million in Judgements, more
than $100,000 for interest on the Judgements, $100,000 for the
chiller for February through August 2016, $188,000 in assessments
outstanding for 2015, $207,000 for outstanding 2016 assessments,
plus costs of collection including attorney fees incurred for more
than a year, in order to assume the executory contracts governing
these obligations.

AFP tells Court that the Debtor still has yet to file schedules and
statement of financial affairs, but upon its information and
belief, any funds that the Debtor had on the Petition Date are not
the Debtor's funds, but are funds held in escrow, collected on
behalf of and for the benefit of AFP, and subject to the state
court's Escrow Order.  AFP further tells the Court that any funds
collected by the Debtor post-petition are also not the Debtor's
funds as they are also subject to the state court Escrow Order.

A full-text copy of AFP 103 Corp's Motion, dated Sept. 16, 2016, is
available at
https://is.gd/udYjZc

              About MIMM Condominium Association

MIMM Condominium Association, Inc. filed a chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-22347) on Sept. 7, 2016.  The
petition was signed by Serdar Bozkurt.  The Debtor is represented
by David R. Softness, Esq., at David R. Softness, P.A.  The case is
assigned to Jay A. Cristol.  The Debtor estimated assets at $0 to
$50,000 and liabilities at $1 million to $10 million at the time of
the filing.


MISONIX INC: Gets Nasdaq Deficiency Letter on Delayed 10-K Filing
-----------------------------------------------------------------
Misonix, Inc., an international surgical device company that
designs, manufactures and markets innovative therapeutic ultrasonic
products for spine surgery, neurosurgery, wound debridement, skull
based surgery, laparoscopic surgery and other surgical
applications, on Sept. 16, 2016, disclosed that it received a
deficiency letter from The Nasdaq Stock Market LLC indicating that
the Company, as a result of not filing its Annual Report on Form
10-K ("10-K") on Sept. 13, 2016 and disclosing that the Company
likely will not be able to file the 10-K within the 15-day
extension period provided in Rule 12b-25(b) under the Securities
Exchange Act of 1934, as amended, was not in compliance with
Listing Rule 5250(c)(1) of the Nasdaq Listing Rules (the "Rules")
for continued listing.  Under the Rules, the Company has until
November 14, 2016 to submit a plan to Nasdaq to regain compliance
and if Nasdaq accepts such plan, Nasdaq can grant an exception
until March 13, 2017 to regain compliance.  If Nasdaq does not
accept the Company's plan, the Company has the opportunity to
appeal such decision to a Nasdaq Hearings Panel.  At this time,
this notification has no effect on the listing of the Company's
common stock on The Nasdaq Global Market.  The Company will submit
a plan to regain compliance to Nasdaq as soon as practicable.

                         About Misonix

Misonix, Inc. (NASDAQ: MSON) -- http://www.misonix.com/-- designs,
develops, manufactures and markets therapeutic ultrasonic medical
devices.  Misonix's therapeutic ultrasonic platform is the basis
for several innovative medical technologies.  Addressing a combined
market estimated to be in excess of $1.5 billion annually;
Misonix's proprietary ultrasonic medical devices are used in spine
surgery, neurosurgery, orthopedic surgery, wound debridement,
cosmetic surgery, laparoscopic surgery, and other surgical and
medical applications.


MOHEGAN TRIBAL: S&P Puts 'B-' ICR on CreditWatch Positive
---------------------------------------------------------
S&P Global Ratings said it placed its 'B-' issuer credit rating on
Uncasville, Conn.-based Mohegan Tribal Gaming Authority (MTGA) on
CreditWatch with positive implications.  

At the same time, S&P assigned its 'B' issue-level rating to MTGA's
proposed $1.4 billion senior secured credit facility, which will
consist of a revolver, term loan A, and term loan B.

S&P Global Ratings does not assign recovery ratings to Native
American debt issues because there are sufficient uncertainties
surrounding the exercise of creditor rights against a sovereign
nation.  These include whether the U.S. Bankruptcy Code would
apply, whether a U.S. court would ultimately be the appropriate
venue to settle such a matter, and to what extent a creditor would
be able to enforce any judgment against the sovereign nation.  The
notching of S&P's issue-level ratings from its issuer credit rating
on a given Native American issuer reflects the relative position of
each security in the capital structure, incorporating the amount of
higher ranking priority debt ahead of each issue. MTGA's senior
secured credit facility is the highest ranking debt in its capital
structure.  As a result, the 'B' issue-level rating assigned to the
debt reflects the expected issuer credit rating on MTGA following
the completion of the proposed refinancing transaction.

MTGA plans to use proceeds from the new credit facilities to
refinance existing debt, including its existing revolving credit
facility and term loan facility.

"The CreditWatch listing reflects our expectation that, if the
proposed refinancing transaction closes as expected, we will raise
our issuer credit rating on MTGA one notch to 'B' from 'B-'," said
S&P Global Ratings credit analyst Ariel Silverberg.

The proposed refinancing transaction will eliminate
intermediate-term refinancing risk given approximately $883 million
of debt (which represents 52% of total debt outstanding as of June
30, 2016), including MTGA's existing senior secured credit
facilities, matures by the end of 2018.  In addition, S&P expects
the proposed refinancing transaction will improve EBITDA coverage
of interest and cash flow generation, allowing MTGA to continue to
repay debt and build in cushion in its leverage profile to absorb
the impact of new competition.  S&P believes that MTGA's long run
cash flow generation and credit measures, particularly EBITDA
coverage of interest, will not deteriorate to a point where S&P is
concerned with MTGA's ability to service its debt and sustain its
capital structure.

S&P expects to resolve the CreditWatch listing upon execution of
the proposed refinancing transaction and raise S&P's issuer credit
rating one notch to 'B' from 'B-' if the refinancing transaction is
completed as outlined, reflecting S&P's forecast for discretionary
cash flow generation to remain positive, and for EBITDA coverage of
interest to remain in the high-1x area over the long run.


MOSAIC MANAGEMENT: Motions to Prohibit Cash Use Deemed Moot
-----------------------------------------------------------
Judge Erik Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida denied the motions filed by Creditors Jose
Arias and Angelo Diaz Gonzalez, which sought to prohibit Mosaic
Management Group, Inc., from using cash collateral, for being
moot.

Mr. Arias previously sought to prohibit the Debtor from using cash
collateral, contending that he invested a total of $415,000 from
his retirement account with the Debtor, for the purpose of
acquiring life insurance settlement policies for his benefit.  He
told the Court that the Debtor purchased life policies for the sum
of $310,000, and retained the sum of $105,000 for future
purchases.

Mr. Arias contended that the funds are held in trust for him for
the specific purposes intended between the parties, and are not for
the Debtor's general use.

Mr. Gonzalez wanted the Court to stop the Debtor from using cash
collateral, as well.  Mr. Gonzalez contended that the cash received
by the Debtor in respect of death benefits attributable to his
irrevocably vested interest in the matured policies, as well as his
Purchase Deposit Account set up pursuant to his Agency Agreement
with the Debtor, are cash collateral.  Mr. Gonzalez further
contended that he does not consent to the Debtor's use of cash
collateral and that the Debtor must segregate his cash collateral
and account for the same.

                  About Mosaic Management Group

On Aug. 4, 2016, Chapter 11 petitions were filed by Mosaic
Management Group, Inc. (S.D. Fla. Case No. 16-20833), Mosaic
Alternative Assets Ltd. (S.D. Fla. Case No. 16-20834), and Paladin
Settlements, Inc. (S.D. Fla. Case No. 16-20835).  Judge Erik P.
Kimball presides over the cases.  Leslie Gern Cloyd, at Berger
Singerman LLP, serves as bankruptcy counsel.

Mosaic Management estimated under $50,000 in assets and $50,000 to
$100,000 in liabilities.

Mosaic Alternative estimated $50 million to $100 million in assets
and $1 million to $10 million in liabilities.

The petitions were signed by Charles Thomas Ryals, president and
CEO.



MOSES INC: Hires Osborn Maledon as Conflicts Counsel
----------------------------------------------------
Moses, Inc. seeks authorization from the U.S. Bankruptcy Court for
the District of Arizona to employ Osborn Maledon, PA as conflicts
counsel.

The Debtor requires Osborn Maledon to advise and represent the
Debtor in contested matters and adversary proceedings involving BMO
Harris Bank in which Stinson Leonard Street LLP may have a conflict
or is otherwise unable to represent the Debtor.

Osborn Maledon will be paid at these hourly rates:

       Warren J. Stapleton      $390
       Lawyers                  $210-$700
       Paralegals               $70-$230

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

Osborn Maledon also has an advance retainer from the Debtor in the
amount of $6,461 in this Chapter 11 case.

Warren J. Stapleton, attorney at Osborn Maledon, 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.

Osborn Maledon can be reached at:

       Warren J. Stapleton, Esq.
       OSBORN MALEDON, PA
       2929 North Central Avenue
       Twenty-First Floor
       Phoenix, AZ 85012-2793
       Tel: (602) 640-9354
       Fax: (602) 640-9050
       E-mail: wstapleton@omlaw.com

                         About Moses Inc

Moses, Inc., based in Phoenix, Ariz., filed a Chapter 11 petition
(Bankr. D. Ariz. Case No. 16-09889) on August 26, 2016.  The Hon.
Brenda Moody Whinery presides over the case.  Christopher C.
Simpson, Esq., at Stinson Leonard Street LLP, serves as bankruptcy
counsel.

In its petition, the Debtor indicated $1.22 million in total assets
and $5.73 million in total liabilities.  The petition was signed by
Tom Guilfoy, chief restructuring officer.


MOSES INC: Hires Stinson Leonard as Counsel
-------------------------------------------
Moses, Inc. asks for permission from the U.S. Bankruptcy Court for
the District of Arizona to employ Stinson Leonard Street, LLP as
counsel.

The Debtor requires Stinson Leonard to:

   (a) advise the Debtor with respect to its powers and duties as
       debtor-in-possession in the continued management of its
       business and property;

   (b) attend meetings and negotiate with representatives of    
       creditors and other parties in interest and advising and
       consulting on the conduct of this Chapter 11 case,
       including all the legal and administrative requirements of
       operating in Chapter 11;

   (c) assist the Debtor with the preparation of its Schedules of
       Assets and Liabilities and Statement of Financial Affairs;

   (d) advise the Debtor in connection with any contemplated sales

       of assets or business combinations, formulate and implement

       appropriate procedures with respect to the closing of any
       such transactions, and counsel the Debtor in connection
       with such transactions;

   (e) advise the Debtor in connection with any post-petition
       financing and cash collateral arrangements and negotiating
       and drafting related documents, providing advice and
       counsel with respect to prepetition financing agreements
       and their possible restructuring;

   (f) advise the Debtor on matters relating to the assumption,
       rejection, or assignment of unexpired leases and executory
       contracts;

   (g) advise the Debtor with respect to legal issues arising in
       or relating to the Debtor's ordinary course of business
       including attendance at senior management meetings,
       meetings with the Debtor's financial and restructuring
       advisors and meetings of the board of directors;

   (h) take all necessary action to protect and preserve the
       Debtor's estate, including the prosecution of actions on
       its behalf, the defense of any actions commenced against
       it, negotiations concerning all litigation in which the
       Debtor is involved, and objecting to claims filed against
       the Debtor's estate;

   (i) prepare, on the Debtor's behalf, all motions, applications,

       answers, orders, reports, and papers necessary to the
       administration of the estate;

   (j) negotiate and prepare, on the Debtor's behalf, a Chapter 11

       plan, related disclosure statement, and all related
       agreements and documents and taking any necessary action on
       the Debtor's behalf to obtain confirmation of that plan;

   (k) attend meetings with creditors and other third parties and
       participate in negotiations with respect to the above
       matters;

   (l) appear and advance the Debtor's interests before this
       Court, any appellate courts, and the US Trustee; and

   (m) perform all other necessary legal services and provide all
       other necessary legal advice to the Debtor in connection
       with this Chapter 11 case.

Stinson Leonard will be paid at these hourly rates:

       Christopher C. Simpson        $490
       Anne Finch                    $210

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

Stinson Leonard holds $43,551.52 in trust for the Debtor from funds
received prior to the Petition Date.

Stinson Leonard requested a retainer in the amount of $100,000.

Christopher C. Simpson, partner of Stinson Leonard, 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.

Stinson Leonard can be reached at:

       Christopher C. Simpson, Esq.
       STINSON LEONARD STREET LLP
       1850 N. Central Avenue, Suite 2100
       Phoenix, AZ 85004-4584
       Tel: (602) 279-1600
       Fax: (602) 240-6925
       E-mail: Christopher.simpson@stinson.com

                         About Moses Inc

Moses, Inc., based in Phoenix, Ariz., filed a Chapter 11 petition
(Bankr. D. Ariz. Case No. 16-09889) on August 26, 2016.  The Hon.
Brenda Moody Whinery presides over the case.  Christopher C.
Simpson, Esq., at Stinson Leonard Street LLP, serves as bankruptcy
counsel.

In its petition, the Debtor indicated $1.22 million in total assets
and $5.73 million in total liabilities.  The petition was signed by
Tom Guilfoy, chief restructuring officer.


MOTHERS FOOD: Unsecured Creditors Will Be Paid 100% Under Plan
--------------------------------------------------------------
Mothers Food, Inc., submits to the U.S. Bankruptcy Court for the
Northern District of Illinois its Disclosure Statement in relation
to the Debtor's proposed Chapter 11 Reorganization Plan.

The confirmation hearing is set to be held on October 18, 2016 at
09:30 a.m., and any objection to the adequacy of the Disclosure and
Confirmation of the Plan must be filed on October 3, 2016, while
the deadline to submit ballots accepting or rejecting the Plan must
be received by October 7, 2016.

Under the Plan, the general unsecured creditors, who are classified
into Class 1 and Class 2, will receive a distribution of 100% of
their allowed claims.

Class 1 general unsecured creditor claims $40,237.38 against the
Debtor, will be paid in installments of $500 per month beginning
Nov. 18, 2016 for a period of 60 months.  Class 2 general unsecured
creditor has an estimated claim of $30,000 which will be payable in
monthly installments of $400, pro rata with any interest over a
five-year period beginning 30 days after approval of this plan any
balance at the end of 60 months will be paid in one lump sum or
balloon.

Payments and distributions under the Plan will be funded by the
Debtor's income generated from sales of its small grocery store.

A full-text copy of the Disclosure Statement dated September 9,
2016 is available at https://is.gd/a1WO06

               About Mothers Food

Mothers Food, Inc. filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 16-08646), on March 14, 2016.  The Petition was signed by
its President, Odieh Ayesh.  The Debtor  is represented by Robert J
Adams, Esq. at Robert J Adams & Associates.

At the time of filing, the Debtor had $50,000 in estimated assets
and $50,000 to $100,000 in estimated liabilities.


MULTI PACKAGING SOLUTIONS: S&P Raises CCR to 'B+'; Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Multi
Packaging Solutions Ltd. (MPS) by one notch to 'B+'.  The outlook
is stable.  

S&P also raised the ratings on the debt held at the company's
subsidiaries (Multi Packaging Solutions Inc., Chase Bidco Ltd., and
MPS Mustang Corp.) to 'BB-' from 'B+'.  The recovery rating remains
'2'.  S&P notes that the '2' recovery rating on the secured debt,
indicating its expectation of substantial (70%-90%) recovery in the
event of a payment default, has moved to the lower end of the range
from the higher end of the range because of the increased
proportion of secured debt relative to unsecured debt pro forma for
the transaction and subsequent notes refinancing.

S&P also assigned its '2' recovery rating and 'BB-' issue rating to
the company's proposed $220 million secured term loan.  The
borrowers are Multi Packaging Solutions Inc. and Multi Packaging
Solutions Ltd.  The '2' recovery rating on the secured term loan
indicates S&P's expectation of substantial (70%-90%; lower end of
the range) recovery in the event of a payment default.  S&P expects
the terms and conditions of the new loan to be substantially
similar to those of the existing secured debt.

S&P intends to withdraw its ratings on the senior unsecured notes
once they have been repaid with the proposed term loan's proceeds.

The upgrade on MPS reflects the company's debt reduction and
improved credit measures since its IPO in October 2015, and the
likelihood of the company's credit statistics remaining appropriate
for the modestly higher rating despite the potential for tempered
organic growth.  With the refinancing of its 8.5% notes and the
proposed repricing of its euro- and sterling-denominated term debt,
MPS could save roughly $10 million in interest expense annually and
strengthen its EBITDA-to-interest coverage ratio to roughly 4.5x
next year, from 3.7x at its fiscal year end of June 30, 2016.  The
upgrade is also based on management abiding by less aggressive
financial policies than typically associated with other financial
sponsor-owned firms. This would be indicated by adjusted debt to
EBITDA remaining within the 4.0x-5.0x range and funds from
operations (FFO) to adjusted debt staying within 12%-20%.  MPS'
respective figures were 3.8x and 18% at June 30, 2016, affording
the company some flexibility for debt-funded acquisitions.

"While financial sponsor ownership would normally limit the
improvement of an issuer's financial risk profile, we perceive the
risk of a permanent, material increase in debt leverage as low,"
said S&P Global Ratings credit analyst James Siahaan.  "We believe
MPS' FFO to adjusted debt ratio will continue to stay near 20%
based on our understanding of the company's leverage targets and
the likelihood that the financial sponsors' ownership stake in MPS
will continue to reduce.  As such, we have revised the company's
financial policy score to FS-5 from FS-6, resulting in an
improvement in the company's overall financial risk profile to
aggressive from highly leveraged."

The stable outlook on MPS reflects S&P's expectation that despite
slow global economic growth, the company's continued focus on
cost-reduction and plant-optimization will promote stability in its
EBITDA and cash flow, allowing credit measures to remain at the
levels appropriate for the FS-5 financial policy assessment. The
rating is dependent on management continuing to abide by financial
policies supportive of this designation and maintaining an adjusted
debt-to-EBITDA ratio within 4x-5x and an FFO-to-adjusted debt ratio
of 12%-20%.  S&P notes that despite the
Oct. 27, 2015, IPO, roughly 56% of MPS' shares remain under the
control of the company's equity sponsors Madison Dearborn Partners
LLC and The Carlyle Group.  Nonetheless, S&P assumes MPS'
management and private-equity owners will be supportive of the
company's credit quality, and thus S&P has not factored any
shareholder distributions or meaningful debt-funded acquisitions
into our analysis.  S&P sees MPS' diversity and competitive
position as favorable compared with its peers', and believe that
the company's post-IPO credit measures provide it with some
flexibility at the current rating level.

S&P could lower the ratings if operating performance weakens
significantly--for example, with revenues contracting by more than
5% and adjusted EBITDA margins depressed by more than 400 basis
points--or the company pursues a large, debt-funded acquisition or
dividend recapitalization.  These scenarios could result in
adjusted debt to EBITDA weakening to above 7x.  If MPS' debt
leverage stays above that level and/or its liquidity is
meaningfully diminished without the prospect for a quick recovery
then S&P could consider lower ratings.

S&P could raise the ratings if MPS continues to enhance its
profitability via plant optimization and cost reduction while
maintaining appropriate credit measures.  S&P could also raise the
ratings if MPS' financial sponsors continue to exit their position
through a series of secondary offerings, taking their collective
ownership stake down to less than 40%.  These scenarios could cause
S&P to revise its comparable rating analysis modifier to neutral,
which would yield a one-notch upgrade.


NAKED BRAND: Incurs $3.3 Million Net Loss in Second Quarter
-----------------------------------------------------------
Naked Brand Group Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of US$3.30 million on $293,011 of net sales for the three months
ended July 31, 2016, compared to a net loss of US$3.13 million on
US$361,043 of net sales for the three months ended July 31, 2015.

For the six months ended July 31, 2016, the Company reported a net
loss of US$5.84 million on US$740,638 of net sales compared to a
net loss of US$4.94 million on US$620,409 of net sales for the same
period in 2015.

As of July 31, 2016, Naked Brand had US$2.99 million in total
assets, US$1.44 million in total liabilities and US$1.55 million in
total stockholders' equity.

"As of July 31, 2016, the Company had cash totaling $736,406.  The
Company believes it does not have sufficient cash resources to fund
its operations through the fourth quarter ending January 31, 2017
(fiscal 2017).  During the six-month period ended July 31, 2016,
the Company spent a significant amount of cash on the procurement
of inventory.  These inventory purchases were in part attributable
to the launch of our new and expanded women's collections, which
sales to date have been strong.  Significant cash was also spent on
the procurement of additional men's inventory in anticipation of
growth in our men's business as a result of the addition of key
wholesale accounts.  However, our men's business did not grow at
the rates or over the timeframes projected in connection with these
new wholesale accounts.  At the same time, we did not see the
expanded retail footprint previously projected with one of our key
customers, Nordstrom, and instead Nordstrom reduced its
replenishment as part of its plan to reduce in-store inventory
levels.  As a result of these factors, we have adjusted our capital
projections.

"Management intends to continue to raise funds from equity and debt
financings to fund our operations and objectives.  However, we
cannot be certain that financing will be available on acceptable
terms or available at all.  To the extent that we raise additional
funds by issuing debt or equity securities or through bank
financing, our existing stockholders may experience significant
dilution.  If we are unable to raise funds when required or on
acceptable terms, we may have to significantly scale back, or
discontinue, our operations," the Company said in the report.

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

                      About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York, New York.

Naked Brand reported a net loss of US$19.06 million on US$1.38
million of net sales for the year ended Jan. 31, 2016, compared to
a net loss of US$21.07 million on US$557,000 of net sales for the
year ended Jan. 31, 2015.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2016, noting that the Company incurred a net loss of
$19,063,399 for the year ended January 31, 2016 and the Company
expects to incur further losses in the development of its business.
This condition raises substantial doubt about the Company's
ability to continue as a going concern.


NATIONAL EMERGENCY: Ch 11 Trustee Hires Wilke Fleury as Counsel
---------------------------------------------------------------
Russell K. Burbank, the Chapter 11 trustee of National Emergency
Medical Services Association, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Eastern District of California to
employ Wilke, Fleury, Hoffelt, Gould & Birney, LLP as counsel for
the Trustee.

The Trustee requires Wilke Fleury to:

   (a) investigate the Debtor's financial affairs, assets and
       liabilities;

   (b) seek turnover of personal and real property if necessary;

   (c) assist the Trustee with the employment of other
       professionals as needed to administer the Debtor's estate;

   (d) assist the Trustee with claim analysis and objections, if
       necessary;

   (e) assist the Trustee with preferences, fraudulent transfer
       and avoidance actions if necessary;

   (f) assist in the disposition of assets, negotiations of
       transactions to generate funds for the estate and to
       propose and obtain confirmation of a plan of
       reorganization; and

   (g) assist the Trustee with any other issues that arise during
       the administration of the estate.

Wilke Fleury will be compensated based upon its normal and usual
hourly billing rates for Trustees and it will seek interim
compensation during the case as permitted by 7 U.S.C. section 331.

Wilke Fleury will be reimbursed for reasonable out-of-pocket
expenses incurred.

Daniel L. Egan, partner of Wilke Fleury, 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 Trustee, the Debtor and its estate.

Wilke Fleury can be reached at:

       Daniel L. Egan, Esq.
       WILKE, FLEURY, HOFFELT,
       GOULD & BIRNEY, LLP
       400 Capitol Mall, 22nd Floor
       Sacramento, CA 95814
       Tel: (916) 441-2430
       Fax: (916) 442-6664
       E-mail: degan@wilkefleury.com

Headquartered in Modesto, California, National Emergency Medical
Services Association, fdba NEMSA, fdba National EMS Association,
filed for Chapter 11 bankruptcy protection (Bankr. E.D. Cal. Case
No. 16 90401) on May 10, 2016, estimating its assets at between
$50,000 and $100,000 and its liabilities at between $1 million and
$10 million.  The petition was signed by Torren K. Colcord,
executive director.

Judge Ronald H. Sargis presides over the case.

David C. Johnston, Esq., at David C. Johnston, serves as the
Debtor's bankruptcy counsel.


NET DATA: Given Until Oct. 24 to Solicit Plan Votes
---------------------------------------------------
Judge Sheri Bluebond of the U.S. Bankruptcy Court for the Central
District of California has extended, at the behest of Net Data
Centers, Inc., the Debtor's exclusive plan filing and plan
acceptance exclusivity periods to Aug. 23, 2016, and Oct. 24, 2016,
respectively.

As reported by the Troubled Company Reporter on Aug. 3, 2016, the
Debtor made the extension request specifically to enable the
Debtor, DuPont Fabros Technology, L.P. (on behalf of itself and its
four affiliates, Whale Ventures, LLC, Grizzly Ventures, LLC, Fox
Properties, LLC, and Lemur Properties, LLC), and the Official
Committee of Creditors Holding Unsecured Claims to complete the
documentation required to memorialize and seek Court approval of
the very recently resolved adversary litigation involving DFT and
the Debtor following the parties' mediation before Judge Mitchel R.
Goldberg, and to prepare and seek Court orders approving a motion
or motions relating to the disposition of the Chapter 11 case that
is now possible as a result of the DFT settlement.

The Parties have settled the adversary litigation between the
Debtor and DFT, as well as the DFT affiliates' lease rejection
damages claims in the Chapter 11 estate to which the Debtor had
objected, as a result of their recently-concluded mediation efforts
before Judge Goldberg, with participation and assistance from the
Creditors Committee. That resolution and the Debtor's Plan Support
Agreement with Charter Holdings, Inc., which was filed with the
Court on October 13, 2015, relating to the claims asserted by
Charter in the bankruptcy estate, will now enable the Debtor to
proceed with its long-anticipated Chapter 11 exit strategy.

                                About Net Data Centers

Net Data Centers, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. C.D. Cal. Case No. 15-12690) on Feb. 23, 2015.  Pervez P.
Delawalla, the president and CEO, signed the petition.  The Hon.
Sheri Bluebond is assigned to the case.  William F Govier, Esq., at
Lesnick Prince & Pappas LLP, serves as counsel to the Debtor.

The Debtor disclosed, in its amended schedules, $9,566,908 in
assets and $13,352,373 in liabilities.  In its original schedules,
the Debtor disclosed $9,110,070 in assets and $5,236,687 in
liabilities.  

The U.S. trustee appointed three creditors to serve on the Official
Committee of Unsecured Creditors.  The Committee is represented by
Buchalter Nemer, APC.


NL ABROLAT: Court Extends Plan Filing Date to Oct. 3
----------------------------------------------------
Judge Julia W. Brand of the U.S. Bankruptcy Court for the Central
District of California extended the time during which the Debtor:

     -- can file its disclosure statement and Plan, through and
including Oct. 3, 2016, and

     -- has the exclusive right to seek acceptances of a Plan up to
and including Dec. 2, 2016.

As reported by the Troubled Company Reporter, the Debtor asked the
Court to extend their deadline to file and seek acceptances of its
plan by at least 60 days because the Debtor is still negotiating
and finalizing a settlement with Pamela Teren and Pamela Teren,
Inc., where the information from a Teren settlement would have a
significant impact on the Debtor's preparation of the disclosure
statement and plan.

                             About N. L. Abrolat, Inc.    

N.L. Abrolat, Inc., filed a Chapter 11 petition (Bankr. C.D.
Calif., Case No. 16-14302) on April 4, 2016.  The case is assigned
to Judge Julia W. Brand.

The Debtor is represented by Marc A. Lieberman, Esq. and Alan W.
Forsley, Esq. at        Fredman Lieberman Pearl LLP of Los Angeles,
CA.

At the time of filing, the Debtor disclosed an estimated assets and
liabilities between $500,000 to $1 million.  The Petition was
signed by its President, Nancy Abrolat.


NOBLE ENVI: Doesn't Expect Minority Shareholders to Resist Ch. 11
-----------------------------------------------------------------
Sarah Chaney, writing for The Wall Street Journal Pro Bankruptcy,
reported that Noble Environmental Power LLC, a wind-energy company
backed by billionaire Michael Dell, said it doesn't expect any
resistance from minority shareholders as it goes forward with a
debt-for-equity restructuring deal that stands to benefit only one
of its equity holders.

According to the report, Noble lawyer Neil Herman, of the firm
Morgan, Lewis & Bockius LLP, said at a hearing in U.S. Bankruptcy
Court in Wilmington, Del., that the wind-energy company has already
struck an "agreement" with minority shareholders J.P. Morgan Chase
& Co. and the Canada Pension Plan Investment Board regarding the
wind-farm operator's balance-sheet restructuring.

Mr. Herman said the company's other minority shareholders, who,
like J.P. Morgan and the pension plan will be wiped out under the
proposal, have been informed of the plan, the report related.

"They're very small holders....We don't expect there to be a fight,
but you never know," Mr. Herman told Judge Kevin Gross, the report
further related.


NORTHWEST PEDIATRIC: Plan Exclusivity Period Extended to Jan. 2017
------------------------------------------------------------------
Judge Jacqueline P. Cox of the U.S. Bankruptcy Court for the
Northern District of Illinois extended, at the behest of Northwest
Pediatric Services S.C.  dba Kid Care Medical S.C., 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.

As earlier reported by the Troubled Company Reporter, the Debtor
asked the Court for an extension of its exclusivity periods since
the Debtor was still 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, and 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.


NOVABAY PHARMACEUTICALS: Jian Fu Reports 32.3% Stake
----------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, Jian Ping Fu disclosed that as of May 9, 2016, he
beneficially owns 3,983,304 shares of common stock of Novabay
Pharmaceuticals, Inc., representing 32.3 percent of the shares
outstanding.  Mr. Fu is the president of Greenwood Capital, an
Australian investment company with a portfolio spanning property,
health centers, Australian food exports and cultural exchange.  A
full-text copy of the regulatory filing is available at:

                    https://is.gd/Vb1U55

                 About NovaBay Pharmaceuticals

NovaBay Pharmaceuticals is a biopharmaceutical company focusing on
the commercialization of prescription Avenova lid and lash hygiene
for the domestic eye care market.  Avenova is formulated with
Neutrox which is cleared by the U.S. Food and Drug Administration
(FDA) as a 510(k) medical device.  Neutrox is NovaBay's proprietary
pure hypochlorous acid.  Laboratory tests show that hypochlorous
acid has potent antimicrobial activity in solution yet is non-toxic
to mammalian cells and it also neutralizes bacterial toxins.
Avenova is marketed to optometrists and ophthalmologists throughout
the U.S. by NovaBay's direct medical salesforce.  It is accessible
from more than 90% of retail pharmacies in the U.S. through
agreements with McKesson Corporation, Cardinal Health and
AmeriSource Bergen.

NovaBay reported a net loss of $18.97 million in 2015, a net loss
of $15.19 million in 2014 and a net loss of $16.04 million in
2013.

As of June 30, 2016, NovaBay had $7 million in total assets, $9.47
million in total liabilities and a total stockholders' deficit of
$2.46 million.

OUM & Co. LLP in San Francisco, California, audited the
consolidated balance sheets of NovaBay Pharmaceuticals, Inc. as of
December 31, 2015 and 2014 and the related consolidated statements
of operations and comprehensive loss, stockholders' equity, and
cash flows for each of the three years in the period ended December
31, 2015.  The firm noted that the Company has suffered recurring
losses and negative cash flows from operations and has a
stockholders' deficit, all of which raise substantial doubt about
its ability to continue as a going concern.


OAK CREEK: Court Extends Exclusive Period to File Plan
------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Illinois
extended Oak Creek Plaza, L.L.C.'s exclusive period for filing and
obtaining acceptances of the Plan through and including Sept. 2,
2016 and the date to file the Plan and Disclosure Statement,
through September 19, 2016.

The Troubled Company Reporter reported on Sept. 9, 2016 that the
Debtor asked the Court to extend its exclusive period to file a
plan and disclosure statement, contending that it has been
diligently preparing its plan and disclosure statement with the
assistance of its principal, Ronald Boorstein, however, Mr.
Boorstein needed a little time to recover from the devastating loss
when his grandson unexpectedly passed away just recently.

                            About Oak Creek Plaza, L.L.C.

Oak Creek Plaza, L.L.C. filed a chapter 11 petition (Bankr. N.D.
Ill. Case No. 16-16324) on May 13, 2016.  The petition was signed
by Ronald L. Boorstein, managing partner.  The Debtor is
represented by Paul M. Bach, Esq., at Bach Law Offices.  The case
is assigned to Judge Deborah L. Thorne.  The Debtor estimated
assets and liabilities at $1 million to $10 million at the time of
the filing.


OMINTO INC: Inks Exchange Agreement with Quant Systems
------------------------------------------------------
Ominto, Inc., has entered into a strategic relationship with Quant
Systems, Inc.

Quant Systems, Inc. is an advisory and IT solutions firm providing
cutting-edge technology applications that improve and empower
businesses.  Quant Systems' comprehensive services include
technical consulting, software implementation and re-engineering,
big data and analytics, cloud infrastructure, mobile strategy and
robotics.  Current and former Quant Systems clients include
Starbucks, Southwest Airlines, JP Morgan Chase, Citibank and IBM.

Under terms of the agreement, Ominto will receive shares
representing 19.5% of Quant Systems in exchange for approximately
1.4 million shares of Ominto's common stock outstanding.

Michael Hansen, chief executive officer of Ominto, Inc., stated,
"This strategic collaboration aligns Ominto with a strong IT
solutions partner who is known for innovative software development
and emerging technologies.  Quant is a world-class technology
specialist and we are honored to have the confidence of such an
esteemed firm working with us."

Srinivas Veeravelli, chief executive officer of Quant Systems,
Inc. stated, "After completing our due diligence, the evidence is
clear.  We have tremendous confidence in Ominto's future potential
and are excited about participating in the company's growth more
formally through this strategic relationship."

Michael Hansen, continued, "Working in conjunction with Ominto's
internal global IT development team, the Quant relationship
provides a valuable global collaboration opportunity.  Combining
Ominto's business model with Quant's technology proficiency allows
us to deliver a world-class Cash Back experience, on a global
basis, for the benefit of our Partner Program relationships and our
shopping customers."

A full-text copy of the Share Exchange Agreement is available at:

                     https://is.gd/p6ZoCe

                          About Ominto

Ominto, Inc., was incorporated under the laws of the State of
Nevada on June 4, 1999, as Clamshell Enterprises, Inc., which name
was changed to MediaNet Group Technologies, Inc. in May 2003, then
to DubLi, Inc. on Sept. 25, 2012, and finally to Ominto, Inc. as of
July 1, 2015.  The DubLi Network was merged into the Company, as
its primary business in October 2009.

Ominto reported a net loss of $11.7 million for the year ended
Sept. 30, 2015, compared to a net loss of $1.34 million for the
year ended Sept. 30, 2014.

Mayer Hoffman McCann P.C., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Sept. 30, 2015, noting that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.


ON SEMICONDUCTOR: S&P Lowers CCR to 'BB', Off Watch Negative
------------------------------------------------------------
S&P Global Ratings said it lowered its corporate credit rating on
Phoenix-based ON Semiconductor Corp. to 'BB' from 'BB+' and removed
it from CreditWatch, where S&P had placed it with negative
implications on Nov. 18, 2015.  The outlook is stable.

At the same time, S&P lowered its issue-level rating on the
company's $690 million senior unsecured convertible notes due 2020
to 'BB-' from 'BB+' and revised the recovery rating to '5' from
'3'.  The '5' recovery rating indicates S&P's expectation for
modest recovery (10% to 30%; lower half of the range) in the event
of payment default.

S&P also lowered its issue-level rating on the company's
subordinated convertible notes to 'B+' from 'BB-'.  The '6'
recovery rating to remains unchanged and it indicates S&P's
expectation for negligible recovery (0% to 10%) in the event of
payment default.

In addition, S&P affirmed its 'BB' issue-level rating, with a '3'
recovery rating, on the company's $2.2 billion secured term loan
due 2023 and $600 million secured revolving credit facility due
2021.  The '3' recovery rating indicates S&P's expectation for
meaningful recovery (50% to 70%; lower half of the range) in the
event of payment default.

"The downgrade reflects our expectation that leverage will decrease
to the 3x area in 2017 from the low-4x area pro forma for the
acquisition (but excluding management's cost saving adjustments)
and up from stand-alone leverage of 1.7x, as ON Semiconductor
realizes cost savings and repays debt," said S&P Global Ratings
credit analyst Christian Frank.

The rating also reflects the company's fragmented, competitive, and
cyclical power management and discrete product segments, poor
results from its System Solutions Group (SSG; formerly the acquired
SANYO business), and operating track records at both companies that
have lagged their addressable markets, in S&P's view.  It also
reflects long-term growth opportunities for the company's imaging
products and automotive end market, and near-term opportunities for
products supporting Intel's Skylake power management framework for
personal computers and wireless charging for mobile phones.

The stable outlook reflects S&P's expectation for ON Semiconductor
to deliver revenues consistent with pro forma levels, and that it
will realize cost savings and use most of its free cash flow for
debt repayment, resulting in meaningful leverage reduction by the
end of 2017.



PAR TWO INVESTORS: Case Summary & 16 Unsecured Creditors
--------------------------------------------------------
Debtor: Par Two Investors, Inc.
        1516 Grand Cypress Lane
        Albany, GA 31701

Case No.: 16-11120

Chapter 11 Petition Date: September 15, 2016

Court: United States Bankruptcy Court
       Middle District of Georgia (Albany)

Debtor's Counsel: Kenneth W. Revell, Esq.
                  ZALKIN REVELL, PLLC
                  2410 Westgate Dr., Suite 100
                  Albany, GA 31707
                  Tel: 2294351611
                  Fax: 866-560-7111
                  E-mail: krevell@zalkinrevell.com

Total Assets: $1.01 million

Total Liabilities: $1.34 million

The petition was signed by George Shane Brinson, officer.

A copy of the Debtor's list of 16 unsecured creditors is available
for free at http://bankrupt.com/misc/gamb16-11120.pdf


PARADIGM EVERGREEN: Plan Filing Period Extended Until Sept. 27
--------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey extended Paradigm Evergreen, LLC's exclusive
period to file a plan of reorganization, through and including the
date of the hearing on the Motion, which is set for Sept. 27,
2016.

The Troubled Company Reporter on Sept. 9, 2016, said that the
Debtor asked the Court to extend its exclusive periods to file a
plan of reorganization and solicit acceptances to the plan for the
Debtor is still in the process of negotiating a consensual plan of
reorganization with its creditors and needs additional time to
complete that process.  The Debtor's Motion is scheduled for
hearing on September 27, 2016 at 10:00 a.m.

                          About Paradigm Evergreen, LLC

Headquartered in New York, New York, Paradigm Evergreen LLC filed a
chapter 11 petition (Bankr. D.N.J. Case No. 16-19943) on May 23,
2016. The petition was signed by David Kushner, managing member.

The Debtor is represented by Morris S. Bauer, Esq., at Norris
McLaughlin & Marcus, P.A.  The Debtor hired McElroy Deutsch
Mulvaney & Carpenter, LLP as special counsel.  

Honorable Vincent F. Papalia presides over the case.

The Debtor estimated its assets at $1 million to $10 million, and
liabilities at $500,000 to $1 million at the time of the filing.


PARK OVERLOOK: NY Judge Okays S. LaMonica as Ch. 11 Trustee
-----------------------------------------------------------
Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York entered an order on September 13,
2016, approving the appointment of Salvatore LaMonica as Chapter 11
Trustee in the Chapter 11 case of Park Overlook, LLC, and its
debtor affiliate.

Judge Chapman's approval was a response of an application captioned
as the, Application of the U.S. Trustee for the entry of an Order
Approving Appointment of Salvatore LaMonica as Chapter 11 Trustee.

                     About Park Overlook

Park Overlook, LLC and Dawn Hotel of NY, LLC, filed Cchapter 11
petitions (Bankr. S.D.N.Y. Case Nos. 16-11354 and 16-11355) on May
12, 2016.  The petitions were signed by Gordon Duggins, member.
The Debtors are represented by Adrienne Woods, Esq., at The Law
Offices of Adrienne Woods, P.C.  The Debtors estimated their assets
and debts at $0 to $50,000 at the time of the filing.


PAROLE BESTGATE: Can File Chapter 11 Plan Until Nov. 24
-------------------------------------------------------
Judge David E. Rice of  the U.S. Bankruptcy Court for the District
of Maryland extended Parole Bestgate LLC's period within which the
Debtor has the exclusive right to file a Chapter 11 plan to and
including Sept. 26, 2016, and the period within which the Debtor
has the exclusive right to solicit acceptances on a Chapter 11 plan
to and including Nov. 24, 2016, without prejudice to the Debtor's
right to seek further extensions.

As previously reported by the Troubled Company Reporter, the Debtor
requested for an extension of its exclusivity periods to give the
Debtor and its secured creditor, EF SBC 2015-1 LLC ample of time to
agree upon a consensual plan or some other mutually agreeable
resolution of this case.


                       About Parole Bestgate

James Joseph Sokolis filed an Involuntary Chapter 11 petition for
Parole Bestgate LLC (Bankr. D. Md. Case No. 16-11840) on February
17, 2016. The case is assigned to Judge David E. Rice. The Debtor
is represented by Michael J. Lichtenstein, Esq. and Megan A. Raker,
Esq. at Shulman, Rogers, Gandal, Pordy & Ecker, P.A. of Potomac,
MD.


PASO GAS: Hires Rivera-Velez & Santiago as Counsel
--------------------------------------------------
Paso Gas Corp. seeks authorization from the U.S. Bankruptcy for
District of Puerto Rico to employ Rivera-Velez & Santiago, LLC as
counsel.

The Debtor has retained Rivera-Velez & Santiago as its counsel in
these proceedings subject to the approval of the Bankruptcy Court
in accordance to Rule 2014 of the Federal Rules of Bankruptcy
Procedure, and the Arrangement was on the basis of a $8,000
retainer.

Rivera-Velez & Santiago will be paid at these hourly rates:

       Manolo R. Santiago Lopez      $150
       William Rivera Velez          $150
       Paralegal                     $75

Rivera-Velez & Santiago will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Manolo R. Santiago Lopez, partner of Rivera-Velez & Santiago,
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.

Rivera-Velez & Santiago can be reached at:

       Manolo R. Santiago Lopez, Esq.
       RIVERA-VELEZ & SANTIAGO, LLC
       Vela St. # 9, Suite 100
       San Juan, PR 00918
       Tel: (787) 691-5903
       E-mail: lcdo.santiago@tuquiebrapr.com

                      About Paso Gas Corporation

Paso Gas Corporation, based in Manati, P.R., filed a Chapter 11
petition (Bankr. D.P.R. Case No. 16-06843) on August 29, 2016.
Manolo R Santiago, Esq., at Rivera-Velez & Santiago LLC, serves as
bankruptcy counsel.

In its petition, the Debtor indicated $480,489 in assets and $1.29
million in liabilities. The petition was signed by Nestor Algarin
Lopez, president.


PAVEL SAVENOK: Files Third Amended Disclosure Statement
-------------------------------------------------------
Pavel Savenok filed with the U.S. Bankruptcy Court for the Northern
District of Illinois a third amended disclosure statement for the
Debtor's third amended plan of reorganization dated Aug. 24, 2016.

Pursuant to an agreement with Thornwell AMP, LLC, the Debtor will
pay Thornwell a total of $1,050,000, representing 51% of the total
claim of Class 5 Unsecured Claim of Thornwell.  Class 5 is impaired
under the Plan.

Class 6 Unsecured Consumer Debt Claims will be paid a total of
$35,564.27, representing 35% of their allowed claims.  The payments
will be made at a rate of $592.73 per month over a period of 60
months beginning 30 days after the effective date of the Plan.
Class 6 is impaired under the Plan.

The Debtor will not make a distribution under the Plan to the
holder of Class 8 Unsecured Claim of Ventcho Pantchev unless PLS
Energy, LLC, defaults in settlement payments.  In the event that
PLS Energy defaults in settlement payments, the Debtor will pay 35%
of the remaining balance due to Ventcho Pantchev by Sept. 1, 2017.
Class 8 is impaired.

The Debtor has executed a reaffirmation agreement with the Small
Business Administration whereby the Debtor will continue to be
obligated to the SBA pursuant to the same terms of his original
guaranty.  Class 9 Unsecured Claim of Small Business Administration
is unimpaired.

Payments and distributions under the Plan will be funded by the
Debtor's disposable monthly income, as well as the sale of assets.
Payments to unsecured creditors in classes 2, 3, 6 and 7 will be
funded by the Debtor's excess monthly income.  The Debtor's monthly
income is approximately $16,000 per month.  The Debtor receives
$10,000 per month in consulting income from Vertigo Media, Inc.,
$3,000 per month in loan repayments from Fox Valley Contractors,
LLC, and approximately $3,000 per month from Skyline Plastering,
Inc.  In addition, the Debtor receives period distributions from
entities in which he owns stock.  Since the Debtor's residence is
being sold, additional income will be free to assist in funding
monthly payments under the Plan.

Payments to creditors in classes 4 and 5 are expected to be funded
through a combination of a sale of the Debtor's interest in Skyline
Plastering, Inc., sale of the Debtor's interest in 2PS Enterprises,
Inc., and the payment of loans due and owing from Royal Corinthian,
Inc.  The Debtor owns 65% of the stock in Skyline Plastering
through the Paul Savenok Revocable Trust dated April 23, 2003.  The
current liquidation value of the stock is estimated to be
approximately $500,000.  The Debtor is also owed approximately
$300,000 by Royal Corinthian.  Payments have not been made to the
Debtor since the Debtor's bankruptcy filing as the corporation has
not had sufficient revenues to make the payments.  However, Royal
Corinthian continues to operate its business and it's likely that
the corporation will have sufficient funds to begin repaying the
debt due and owing to the Debtor within the next six months.  The
Debtor also owns a 50% interest in 2PS Enterprises, Inc., which
owns the building occupied by Royal Corinthian.  The building is
believed to be worth more than the amount due and owing on the
mortgage and if sold in conjunction with the Royal Corinthian
business, it is likely that the sale could generate a substantial
profit.  The Debtor and his spouse are currently marketing Royal
Corinthian and 2PS Enterprises for sale.

In the event that the Debtor is unable to sell the stock of Skyline
Plastering or 2PS Enterprises or receives repayment of loans due
and owing from Royal Corinthian in an amount insufficient to make
the payments under the Plan, the Debtor will fund the Plan from
other sources.  The Debtor owns 32.5% of the stock in Stucco
Molding, Inc., through the Paul Savenok Revocable Trust dated April
23, 2003.  As of the Petition Date, the stock was estimated to be
worth approximately $47,192.60.  However, since the Petition Date,
Stucco Molding, Inc., has continued to be profitable and the value
of the Debtor's stock has likely increased.  The Debtor may also be
receiving distributions from Stucco Molding in the event that the
corporation continues to be profitable.  In addition, the Debtor
holds an ownership interest in Fox Valley Contractors, Inc., which
has continued to operate since the Petition Date and the Debtor's
stock could potential be sold for a substantial profit.  Finally,
the Debtor holds interests in Farnham Development, LLC, Cenco
Energy Development, LLC, and PLS Energy, LLC, all of which hold
working interests in oil and gas wells in Louisiana.  In the event
the wells are successful, the operation of the wells will generate
substantial revenues for the entities, which will flow through to
the Debtor as profits.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/ilnb15-05998-154.pdf

As reported by the Troubled Company Reporter on Aug. 31, 2016, the
Debtor filed with the Court a second amended disclosure statement
for second amended plan of reorganization dated Aug. 12, 2016,
which proposed that payments and distributions under the Plan be
funded by the Debtor's disposable monthly income, as well as the
sale of assets.  Payments to unsecured creditors in classes 2, 3, 6
and 7 would be funded by the Debtor's excess monthly income.

                       About Pavel Savenok

Pavel Savenok is an individual residing in the State of Illinois,
town of Wheaton.  The Debtor holds an ownership interest in several
business entities through the Paul Savenok Trust dated April 23,
2003.  The Debtor's primary business affairs focus on construction,
oil and gas well development, and patent consulting.  The Debtor
holds interests in Skyline Plastering, Inc., Stucco Molding, Inc.,
Royal Corinthian, Inc., and Fox Valley Contractors, LLC, which are
in the construction business.  The Debtor also holds an interest in
PLS Energy, LLC, Farnham Development, LLC, and Cenco Development,
LLC, which hold working interests in oil and gas wells in Louisiana
that are in various stages of development.  Finally, the Debtor
holds an interest in Pavelid Technology, LLC, Sava Media, Inc., and
Remote Media, LLC, which are holding companies for patent rights or
are engaged in businesses involving the development of patent
rights.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 15-05998) on Feb. 23, 2015.  The Debtor is
represented by Joshua D. Greene, Esq., who has an office in Denver,
Colorado.


PETROMAROC CORP: May Default on Debentures, Evaluates Alternatives
------------------------------------------------------------------
PetroMaroc Corporation plc, an independent oil and gas company
focused on Morocco, is issuing this press release in response to
comment on the recent trading activity in its stock.

The Company, as announced on Sept. 13, 2016 is not aware of any
material, undisclosed corporate developments and has no material
change to report at this time.  The Company will keep the market
informed as required.

The Company re-emphasizes its financial position, as announced in
the second quarter financial and operating results press release on
Aug. 29, 2016, and the Company is currently progressing in
completion of the conditions precedent of the binding sale and
purchase agreement ("Sale and Purchase Agreement") with Sound
Energy plc, including obtaining ministerial approvals in Morocco,
Debentureholder approval and final approval of the TSX Venture
Exchange.  At this time, however, the ministerial approvals in
Morocco have not been obtained and although the Company is working
diligently with Sound Energy to satisfy the conditions precedent in
the Sale and Purchase Agreement, it is currently not known when
such consents will be obtained, or at all.

As at June 30, 2016 the Company had a working capital deficit of
US$0.8 million (excluding the secured debentures, excluding the
secured debenture accrued interest and fees, excluding the
unsecured loan and interest, including restricted cash).

The Company continues to review alternatives to address its debt
and share capital structure with a focus on alternatives for the
Company's Cdn$11.09 million principal amount of secured debentures
(the "Debentures"), which currently mature on Sept. 30, 2016 (the
"Maturity Date").  Upon default, holders of the Debentures (the
"Debentureholders") may declare the Cdn$11.09 million principal
amount and all accrued interest due on Sept. 30, 2016 on the
Debentures immediately due and payable and to begin proceedings to
realize upon the security held in connection with the Debentures.

The Company continues to negotiate settlement agreements with its
Sidi Moktar creditors of the remaining unpaid costs in respect to
the Sidi Moktar drilling campaign.  Settlement with the unsecured
creditors is a necessary measure required in order to pursue the
Company's efforts to secure additional funding, and facilitate a
corporate restructuring of the secured Debentures and share
capital.

In order to fund operational commitments due in less than twelve
months (approximately US$2.65 million), PetroMaroc will be required
to complete additional financings and/or incur additional debt in
the future.  At this time, the Company does not have the financial
resources to repay the Debentures on maturity.  These factors
represent a material uncertainty that may cast a significant doubt
about the Company's ability to continue as a going concern.

                         About PetroMaroc

PetroMaroc (TSX VENTURE:PMA) -- - http://www.petromaroc.co/-- is
an independent oil and gas company focused on its significant land
position in Morocco.  The Company has a 50 percent operated
interest in the Sidi Moktar license area covering 2,683 square
kilometers and is working closely with Morocco's National Office of
Hydrocarbons and Mines (ONHYM) as a committed long-term partner to
unlock the hydrocarbon potential of the region.  PetroMaroc is a
public company listed on the TSX Venture Exchange under the symbol
"PMA".


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 of 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. 13, 2016,
approximately $243.5 million in aggregate principal amount of the
Old Notes, representing 86.86% of the outstanding aggregate
principal amount of Old Notes, had been validly tendered (and not
validly withdrawn), and holders of approximately $130.5 million in
aggregate principal amount of the 2021 Notes, representing 90.2% 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 intends to execute a
supplemental indenture to the 2021 Notes Indenture governing the
Old Notes to implement the amendments to the 2021 Notes Indenture
and a waiver with respect to the registration rights in the 2021
Registration Rights Agreement.

Withdrawal rights previously 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 Extended Early Tender Date,
Eligible Holders will be eligible to receive the "Total Exchange
Consideration", which includes the "Early Tender Premium."  For
each $1,000 in principal amount of the Old Notes validly tendered
after the Extended Early Tender Date, Eligible Holders will be
eligible to receive only the "Exchange Consideration".

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.

Any 2021 Notes not tendered and exchanged for New Notes and Shares
pursuant to the Exchange Offer with respect to the 2021 Notes prior
to the Expiration Date will remain outstanding and the holders will
be subject to the terms of the supplemental indenture implementing
the amendments to the 2021 Notes Indenture and the waiver of
registration rights contained in the 2021 Registration Rights
Agreement.

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/wqwbvr
  
                         About PetroQuest

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."


PIZZERIA CINY: Taps Heath Industrial as Auctioneer
--------------------------------------------------
Pizzeria Ciny, Inc. dba Wok N' Hot seeks permission from the Hon.
Jacqueline P. Cox of the U.S. Bankruptcy Court for the Eastern
District of Illinois to employ Heath Industrial, Inc. as
auctioneer.

The Debtor requires Heath Industrial to sell its equipment,
furnishings and other tangible personal property now located at 464
Redington Drive, South Elgin, Illinois through a publicly
advertised auction sale, and providing related relief by
authorizing the Debtor to grant a superpriority and secured
administrative expense claim to the landlord to secure the payment
of administrative rent for the use of the Premises, and to allow
the auction sale process, including advertising and set-up, to
proceed immediately notwithstanding the normal 21-day waiting
period prescribed in Bankruptcy Rule 6003.

According to the Engagement Letter, Heath Industrial will charge a
commission of 10% to the seller and a buyer's premium of 15%, which
will be retained by Heath Industrial as earned commissions. The
auction related expenses are estimated at $5,000.

Jake Josko, director of Heath Industrial, 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.

Heath Industrial can be reached at:

       Jake Josko
       HEATH INDUSTRIAL, INC.
       460 Irmen Drive
       Addison, IL 60101
       Tel: (847) 380-1755

Pizzeria Ciny, Inc., doing business as Wok n' Hot, sought Chapter
11 protection (Bankr. N.D. Ill. Case No, 16-27668) on Aug. 29,
2016.  Steven B. Towbin, Esq., and David R. Doyle, Esq., at SHAW
FISHMAN GLANTZ & TOWBIN, LLC, serve as counsel to the Debtor.


PRIMORSK SHIPPING: Judge Approves Ch. 11 Liquidation Plan
---------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that Primorsk International Shipping Ltd. won final
bankruptcy-court approval of a liquidation plan that divvies up
proceeds from the sale of its oil tanker fleet to Russia’s
Sovcomflot.

According to the report, Primorsk's chapter 11 case got off to a
rough start after a fight with lenders but, during a hearing in
Manhattan on Sept. 20, a lawyer for Primorsk told Judge Martin
Glenn that its debt-repayment plan had been unanimously approved by
creditors in a polling process it began in late August.

"Even with the hiccups, I think you got to a good result," Judge
Glenn said, WSJ cited.

The Troubled Company Reporter previously reported that General
Unsecured Creditors in Class 4 are out of the money.  Each Holder
of an allowed claim under the Debtors' senior secured term loan
facility (Senior Loan Claim) in Class 3A will be paid in full in
Cash in accordance with the order approving the sale of the
Debtors' assets.

Each Holder of an allowed claim under the Debtors' junior revolving
credit facility (Junior Loan Claim) in Class 3B will receive (i)
its Pro Rata share of remaining Encumbered Cash, following the
provision of a reserve for line items in the Wind-Down Budget and
the distributions made to the Holders of Senior Loan Claims, and
(ii) its Pro Rata share of the Liquidating Trust Distributable
Cash, in each of cases (i) and (ii) until such time as such Holder
has received Cash distributions equal to the Allowed amount of such
Allowed Junior Loan Claim.  Class 3B claims total $51,625,000 and
are projected to recoup 35% under the Plan.

Each Holder of an allowed claim under the Debtors' third ranking
term loan facility, which was taken to refinance certain swap
liabilities, (Swap Claim) in Class 3C will get nothing under the
Plan.  Swap Claims total $16,400,988.

Equity Interests in Class 5 also get nothing.

The WSJ recalled that when the company filed for chapter 11
protection in January, it initially sought court approval for a
restructuring plan that would have set aside nearly half of the
company for its two owners and senior executives.  But the initial
plan was quickly torpedoed by the senior lenders, who eventually
succeeded in steering the case toward a sale, the report said.

Primorsk initially defended the restructuring plan as "110%
confirmable" by the court but bowed to Nordea after the bank
sought
to block the proposal, alleging it had been engineered to benefit
the company's insiders and affiliates, the report added.

                  About Primorsk International

Headquartered in Nicosia, Cyprus, Primorsk International Shipping
Limited (Prisco) aka PISL operates a fleet of ice-class oil
tankers
in the Arctic.  It was founded in 2004 and is owned by Apington
Investments, a British Virgin Islands holding company, which is
controlled by Russian native Alexander Kirilichev.

Primorsk sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y.
Case No. 16-10073) in New York, in the U.S., on Jan. 15, 2016.
Affiliates Boussol Shipping Limited, Malthus Navigati on Limited,
Jixandra Shipping Limited, Levaser Navigation Limited, Hermine
Shipping Limited, Laperouse Shipping Limited (Bankr. S.D.N.Y. Case
No. 16-10079), Prylotina Shipping Limited, Baikal Shipping Ltd,
and
Vostok Navigation Ltd. also filed separate Chapter 11 bankruptcy
petitions.  The bankruptcy petitions were signed by Holly Felder
Etlin, chief restructuring officer.  Judge Martin Glenn presides
over the cases.

The Debtor disclosed total assets of $6,018,821 and total
liabilities of $351,352,076 as of the Chapter 11 filing.

Andrew G. Dietderich, Esq., at Sullivan & Cromwell LLP serves as
the Debtors' bankruptcy counsel.  AlixPartners, LLP, is the
Debtors' financial and restructuring advisor.


QVL PHARMACY: Unsecureds To Get Paid $113K Under Ch. 11 Plan
------------------------------------------------------------
QVL Pharmacy Holdings, Inc., filed with the U.S. Bankruptcy Court
for the District of Massachusetts an amended disclosure statement
for the Debtor's amended Chapter 11 plan of reorganization dated
Aug. 24, 2016.

Under the Plan, allowed Class 3 General Unsecured Claims are
impaired.  Allowed Class 3 General Unsecured Claim will receive a
pro rata share of distributions from the liquidating trust.
Allowed Class 3 Unsecured Claims will be paid a pro rata share of
an estimated $113,150 distribution.  The foregoing estimate is
based on a 15% recovery by the Liquidating Trust on the accounts
receivable (15% of $754,324).

The Debtor has 22 creditors holding general unsecured claims
totaling $2,349,651.06.  The Debtor intends to object to Claim Nos.
29-32 and No. 27.  If the Debtor's objections are successful, the
total of General Unsecured Claims would be reduced to $401,585.37.
  

The Plan proposes the use of the Debtor's intellectual property
assets plus proceeds of the exit funding to develop a software
product to be brought to market to be licensed or sold to retail
pharmacy operators.

The Plan proposes to create a liquidating trust to hold and collect
the accounts receivable for the benefit of the unsecured creditors.


The Plan provides for the Debtor to manage and administer the
assets.

The Plan is being funded by White Winston, the Debtor's senior
secured creditor, for the simple reason that they believe that the
Debtor has a much higher likelihood of repaying its senior secured
obligations as a reorganized entity.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/mab15-14983-110.pdf

                       About QVL Pharmacy

QVL Pharmacy Holdings, Inc., based in Boston, Massachusetts, filed
a Chapter 11 petition (Bankr. D. Mass. Case No. 15-14983) on Dec.
29, 2015.  Prior to the Petition Date, the Debtor operated
a chain of retail pharmacies in Texas and Louisiana specializing in
hard-to-find medications (including controlled medications) and
dispensing written prescriptions. By December 31, 2014, the Debtor
had closed or sold all of its operating pharmacies and now has a
plan to develop its intellectual property and knowhow into a
software product for sale or license to retail pharmacies.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities.  The petition was signed by Chad
Collins, director.

The Hon. Frank J. Bailey presides over the case.

The Debtor is represented by Stephen F. Gordon, Esq., Todd B.
Gordon, Esq., and Katherine P. Lubitz, Esq., at The Gordon Law Firm
LLP.  The Debtor has tapped Robert P. Mahoney at Hillcrest Capital
as Chief Restructuring Officer.

No Official Committee of Unsecured Creditors was appointed in this
case.


REGENT UNIVERSITY: S&P Lowers Rating on Revenue Bonds to 'BB+'
--------------------------------------------------------------
S&P Global Ratings lowered its rating on the Virginia College
Building Authority's revenue bonds, issued for Regent University to
'BB+' from 'BBB-'.  The outlook is negative.

"The lower rating reflects declines in liquidity and endowment
coupled with increasing operating deficits, which management had
hoped to control with enrollment and revenue growth," said S&P
Global Ratings analyst Stephen Infranco. However, because of
weaker-than-projected enrollment for fall 2015 (while strong
enrollment gains were achieved, it was below the aggressive
budgeted level needed to improve operations), increased spending on
marketing initiatives ($6 million more in fiscal 2015 than 2014)
and continued losses at The Founders Inn and Conference Center, the
consolidated operating deficit continues to grow.  In addition,
Regent still maintains an aggressive endowment spending rate to
balance operations and provide funding for strategic needs, which
could put further stress on liquidity.  Future rating actions will
hinge on management's ability to sustain the recent enrollment
growth trend and achieve projected levels to support the
university's fixed cost structure or offset some of the revenue
shortfall with expense savings and limit the need for extraordinary
endowment spending over the longer term".

"The negative outlook reflects Regent's continued and growing
operating losses and uncertainty regarding management's ability to
reduce the endowment draws to more normalized levels within the 5%
policy," added Mr. Infranco.  Furthermore, operating performance
needs to improve, as projected, or Regent's financial resources
could decrease further due to continued extraordinary endowment
spending.

S&P Global Ratings could lower the rating further if one or more of
the following occur, including operating deficits that are
sustained at or increase beyond current levels, unexpected declines
in enrollment or if there are further decreases in available
resources.  In addition, if liquidity becomes constrained due in
part to the collateral pledge on the line of credit, S&P could
lower the rating.

S&P do not expect to raise the rating over the outlook period due
to the continued weak operating trend and overall vulnerable
financial profile.  While management is projecting favorable
revenue growth for fiscal 2016 and 2017, coupled with ongoing cost
containment measures that will likely result in improved operating
performance, the budget is built on headcount levels that
may be difficult to achieve, although positive gains will likely be
made.  S&P would consider an outlook revision to stable if Regent
can limit operating losses to a manageable level for consecutive
years, while maintaining financial resources at or above existing
levels.


REGIS GALERIE: Has Until Oct. 6 to Use Cash Collateral
------------------------------------------------------
Judge Laurel E. Davis of the U.S. Bankruptcy Court for the District
of Nevada authorized Regis Galerie, Inc. to use Wells Fargo Bank,
N.A., and/or American Express Bank, FSB's cash collateral on an
interim basis, until Oct. 6, 2016.

Judge Davis acknowledge that the Debtor's use of cash collateral is
necessary to allow the Debtor to continue to maintain its
operations and reorganize the Debtor's assets and liabilities,
thereby maximizing creditor recoveries.

Wells Fargo and American Express are granted replacement liens on
the Debtor's property acquired postpetition to the extent, and with
the same validity and priority, as any prepetition liens held by
Wells Fargo and American Express.

A final hearing on the Debtor's Motion is scheduled on Oct. 6, 2016
at 9:30 a.m.  The deadline for the filing of responses to the
Debtor's Motion is set on Sept. 30, 2016.

A full-text copy of the Interim Order, dated Sept. 16, 2016, is
available at https://is.gd/3PFpAq

                    About Regis Galerie

Regis Galerie, Inc. filed a chapter 11 petition (Bankr. D. Nev.
Case No. 16-14899) on Sept. 5, 2016.  The petition was signed by
Samuel Dweck, president.  The Debtor is represented by Bryan V.
Viellion, Esq., at Marquis Aurbach Coffing and Michael L. Gesas,
Esq., at Arnstein & Lehr LLP.  The case is assigned to Judge Laurel
E. Davis.  The Debtor estimated assets and liabilities at $1
million to $10 million at the time of the filing.


REVOLUTION ALUMINUM: Involuntary Chapter 11 Case Summary
--------------------------------------------------------
Alleged Debtor: Revolution Aluminum Propco, LLC
                201 Johnson Street
                Alexandria, LA 71301

Case Number: 16-81024

Involuntary Chapter 11 Petition Date: September 15, 2016

Court: United States Bankruptcy Court
       Western District of Louisiana (Alexandria)

Judge: Hon. John W. Kolwe

Petitioners' Counsel: Bradley L. Drell, Esq.
                      GOLD, WEEMS, BRUSER, SUES & RUNDELL
                      POB 6118
                      Alexandria, LA 71307-6118
                      Tel: (318) 445-6471
                      E-mail: bdrell@goldweems.com

Alleged creditors who signed the petition:

   Petitioner                  Nature of Claim  Claim Amount
   ----------                  ---------------  ------------
Ryan & Associates, Inc.              Loan         $1,150,000
10955 160th Street
Davenport, IA 52804

Engineered Products, Inc.            Loan            $150,000
200 Jones Street
Verona, PA 15147

Tina J. Hertzel                      Loan             $20,000
c/o Integrated Project Resources, LLC
600 E 2nd Street
Salem, OH 44460


RINCON ISLAND: Court OKs $535K Interim DIP Loan, Cash Use
---------------------------------------------------------
Judge Stacey Jernigan of the U.S. Bankruptcy Court for the Northern
District of Texas authorized Rincon Island Limited Partnership to
obtain DIP Financing from its affiliate, GLR, LLC, in an amount of
up to $535,000, on an interim basis.  Judge Jernigan also
authorized the Debtor to use cash collateral.

The Debtor is a borrower under a First Lien Credit Agreement and
Second Lien Credit Agreement between the Debtor, HVI Cat Canyon,
Inc. and GOGH, LLC and UBS AG, London Branch, as administrative and
collateral agent, collectively, known as UBS.  The Debtor has
granted UBS first and second priority liens in substantially all of
the Debtor's assets to secure its obligations under the credit
agreements.

The Debtor was authorized to to provide third priority liens and a
superpriority administrative expense claim, among other things, to
GLR, LLC in conjunction with the DIP Financing.

The DIP Financing includes, among other things, these pertinent
terms:

     (a) Borrowing Mechanics:  The DIP Lender shall provide
postpetition financing to the Debtor in an aggregate amount not to
exceed $10,000,000. The initial draw of $535,000 has been approved
by the DIP Lender, and the remaining draws shall be made at the
request of the Debtor, based on approved expenditures in accordance
with the DIP Budget, subject to the approval of the DIP Lender in
its sole discretion.

     (b) Interest Rates: Non-Default Interest Rate at eight percent
which accrue and be payable upon maturity only and subject to the
prior claims of UBS, and a default interest rate, which is the
total of the non-default rate plus two percent.

     (c) Use of Proceeds:  The proceeds of the DIP Financing shall
be used solely in accordance with the budget, which may also be
used to pay the DIP Lender’s ongoing reasonable legal and
financial advisor’s fees, the Debtor’s legal fees and expenses
as approved by the Court, and U.S. Trustee fees and court costs.

     (d) Termination/Maturity:  The DIP Facility shall terminate
and mature no later than September 8, 2017, which date may be
extended on the agreement of the Debtor and the DIP Lender.

     (e) Adequate Protection:  UBS is granted administrative
expense claims and superpriority claims with priority in payment
over any and all unsecured claims and administrative expense claims
against the Debtor.  The DIP Lender will have valid, perfected,
liens on all of the property of the Debtor’s estate.  The DIP
Lender is also granted an allowed superpriority administrative
claim.

     (f) Carve-out: Consists of an aggregate amount not exceeding
$100,000 as allowed by the Court, which will be used as payment for
professional fees, where an official creditors’ committee, if
any, may use up to $15,000 to investigate the prepetition liens of
UBS.

A full-text copy of the Order, dated September 8, 2016, is
available at https://is.gd/HFLXOK

GLR LLC is represented by:

          Alec P. Ostrow, Esq.
          BECKER GLYNN MUFFLY CHASSIN & HOSINSKI LLP
          299 Park Avenue
          New York, New York 10171
          Telephone: (212) 888-3033
          Facsimile: (212) 888-0255

UBS AG, London Branch is represented by:

          Evan M. Jones, Esq.
          O’MELVENY & MYERS LLP
          400 Hope Street, 18th Floor
          Los Angeles, CA 90071
          Telephone: (213) 430-6236
          Facsimile: (213) 430-6407  


                     About Rincon Island Limited Partnership

Rincon Island Limited Partnership filed a Chapter 11 petition
(Bankr. N.D. Tex. Case No. 16-33174), on August 8, 2016.  The
petition was signed by Susan M. Whalen, SVP and general counsel of
general partner.  The case is assigned to Judge Harlin DeWayne
Hale. The Debtor's counsel is David A. Zdunkewicz, Esq. at Andrews
Kurth, LLP of 600 Travis, Suite 4200, Houston, Texas.

At the time of filing, the Debtor estimated assets at $50 million
to $100 million and liabilities at $100 million to $500 million.



ROBERT CRIMI: Plan Confirmation Hearing Set for Oct. 20
-------------------------------------------------------
The Hon. Jerrold N. Poslusny, Jr., approved the disclosure
statement explaining the Chapter 11 Plan of Robert T. Crimi, Sr.

Written acceptances, rejections or objections to the plan must be
filed with the attorney for the plan proponent not less than seven
days before the hearing on confirmation of the Plan.

Oct. 20, 2016, is fixed as the date and time for the hearing on
confirmation of the Plan.

The Debtor filed the Disclosure Statement on July 29.

As reported by the Troubled Company Reporter on July 26, 2016,
Judge Polusny authorized the private sale of Robert T.
Crimi, Sr., and his non-debtor wife, Mary Crimi, of the property
located at 443 Zion Rd., Egg Harbor Township, New Jersey to Alil
(Alex) Alili and Sefdali (Sam) Alili to purchase said property for
the sum of $400,000, subject to the buyers receiving a credit
against the purchase price in the sum of $100,000, for sums
allegedly previously paid pursuant to a prepetition Agreement of
Sale, said credit being part of the consideration to settle the
disputes between Mr. Crimi, his wife, and Alil (Alex) Alili and
Sefdali (Sam) Alili.

The sale is free and clear of all liens and encumbrances.

The Chapter 11 case is In re Robert T. Crimi, Sr. (Bankr. D.N.J.
Case No. 15-16241).


RONALD H. COHEN: Hearing on Amended Plan Outline on Oct. 24
-----------------------------------------------------------
Judge Edward J. Coleman III of the Southern District of Georgia
will hold a hearing to consider the approval of the amended
disclosure statement explaining Ronald H. Cohen's Chapter 11 Plan
on Oct. 24, 2016 at 11:00 a.m., Bankruptcy Courtroom Rm 228, U.S.
Courthouse, 125 Bull St., Savannah, GA 31401.

Oct. 13, 2016, is fixed as the last day for filing and serving, in
accordance with Rule 3017(a) written objections to the disclosure
statement, including objections to the Debtor's valuation of assets
of the estate.

The Debtor filed an Amended Disclosure Statement on Sept. 5, 2016,
and a Chapter 11 Plan on July 11, 2016.

                      About Ronald H. Cohen

Ronald H. Cohen sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ga. Case No. 16-40653) on May 2, 2016.


The case is assigned to Judge Edward J. Coleman III.  The Debtor is
represented by Richard C. E. Jennings, Esq., at the Law Offices of
Skip Jennings, PC.


RONALD MASSIE: Court Denies Approval of Disclosure Statement
------------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut disapproves of the Disclosure Statement
submitted by Ronald E. Massie and Margaret M. Massie, on the ground
of the objection filed by the U.S. Trustee.

A hearing was held on August 24, 2016, as to the adequacy of the
Debtors' Disclosure Statement.

The Troubled Company Reporter previously reported that the Debtors'
Plan proposes to pay unsecured creditors 15% of their claims.

Under the plan, the 62 unsecured creditors in Class 3 will be paid
15% of their claims on a pro rata basis beginning in January 2017.

The payments will be made in quarterly installments of $22,523
over
10 years.

Class 3 unsecured creditors assert more than $6 million in claims,
according to the disclosure statement detailing the proposed plan.

A copy of the disclosure statement is available for free at
https://is.gd/xi2gjn

                About Ronald and Margaret Massie

Ronald E. and Margaret M. Massie sought protection under Chapter 11
of the Bankruptcy Code (Bankr. D. Conn. Case No. 14-50579) on April
18, 2014.  The Debtor's counsel is Scott M. Charmoy, Esq. at
Charmoy & Charmoy of Fairfield, CT.


ROYAL FLUSH: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Royal Flush, Inc.
        1693 St. Route 56
        Spring Church, PA 15686

Case No.: 16-23458

Chapter 11 Petition Date: September 15, 2016

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Pittsburgh)

Judge: Hon. Jeffery A. Deller

Debtor's Counsel: Donald R. Calaiaro, Esq.
                  CALAIARO VALENCIK
                  428 Forbes Ave., Suite 900
                  Pittsburgh, PA 15219
                  Tel: 412-232-0930
                  Fax: 412-232-3858
                  E-mail: dcalaiaro@c-vlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Carol A. Swank, secretary/treasurer.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/pawb16-23458.pdf


ROYALTY PARTNERS: Unsecureds To Get Full Payment Under Plan
-----------------------------------------------------------
Rodney Tow, the Chapter 11 trustee for Royalty Partners, LLC, filed
a disclosure statement, which proposes for the reorganized Debtor
to make pro-rata payments to holders of allowed general unsecured
claims commencing on the Effective Date until all Allowed General
Unsecured Claims are paid in full.

The Debtor will issue a recourse promissory note to the trustee of
a creditor trust established under the plan in an amount equal to
all allowed claims against the estate.  The Note will be guaranteed
by J.W. "Bill" Rhea, IV.

The Note will be payable, without interest, in monthly installments
to the greater of (i) $5,000.00; or (ii) the lesser of (x) 1/2 of
the gross revenues from the assets sold under paragraph 9(a); and
(y) $15,000.00.

Until the Allowed General Unsecured Claims are Paid in full, the
Reorganized Debtor will be restricted from selling the assets of
the company, unless the Trustee of the Creditors' Trust expressly
consents to any that transaction.

Peter Marshall has filed a Proof of Claim in this proceeding as an
unsecured creditor. Attached to that claim is an addendum claiming
from $287,029 to $847,904 based on various factors.

Bill Rhea and Peter Marshall have agreed that Mr. Marshall will
amend his proof of claim to $75,000 and it will be an allowed,
unsecured claim in Class C of the Plan. This claim represents the
amount of attorney's fees he has expended in underlying state court
litigation with the Debtor.

A full-text copy of the Disclosure Statement dated Aug. 31, 2016,
is available at:

           http://bankrupt.com/misc/15-60003-149.pdf

The Trustee is represented by:

     Julie M. Koenig, Esq.
     COOPER & SCULLY, P.C.
     815 Walker, Suite 1040
     Houston, TX 77002
     Tel: 713/236-6800
     Fax: 713/236-6880
     Email: Julie.Koenig@cooperscully.com

Headquartered in Houston, Texas, Royalty Partners, LLC, was formed
to drill for oil and gas in unconventional resource-shale plays.
It uses the royalties it generates to invest in energy projects.
It directly employs less than 50 people.  The Company has
significant holdings in the Eagle Ford Shale.

Royalty Partners, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Tex. Case No. 15-60003) on Jan. 27, 2015, listing
$845,218 in total assets, versus $1.54 million in total
liabilities.  The petition was signed by W. Scott Thompson, Sr.,
manager.  


RP CROWN: Moody's Assigns Caa1 Rating on $400MM Sr. Notes
---------------------------------------------------------
Moody's Investors Service assigned a Caa1 rating to RP Crown
Parent, LLC's proposed $400 million of senior notes.  The net
proceeds from the new notes along with the net proceeds from $1.325
billion of new credit facilities and $580 million of new equity
from funds managed by the Blackstone Group and the existing
financial sponsor New Mountain Capital will be used to refinance
existing debt.  RP Crown's B2 Corporate Family Rating (CFR) and the
B1 rating for its $1.325 billion of first lien credit facilities
are unchanged.  The ratings have a stable outlook. RP Crown is the
parent company of JDA Software Group, Inc. (JDA).

                        RATINGS RATIONALE

RP Crown's B2 CFR reflects its high leverage and the highly
competitive Supply Chain Management (SCM) software market.  The
rating is supported by the company's large installed base of
software maintenance revenues, its well-regarded products in its
focus markets, and good operating scale.  Moody's expects RP
Crown's revenues to grow by about 3% to 4% over the next 12 to 18
months and it should produce free cash flow of about 8% of adjusted
debt in 2017 driven by revenue growth, lower interest expense and
declining restructuring costs.  Moody's expects RP Crown's leverage
to decline from 6.8x (Moody's adjusted) pro forma for the
recapitalization to below 6x by the end of 2017.

The stable ratings outlook reflects Moody's expectations for
declining leverage from revenue and EBITDA growth over the next 12
to 18 months.  Moody's expects RP Crown to maintain good
liquidity.

Given RP Crown's high leverage and high financial risk tolerance
under its financial sponsors, a ratings upgrade is not expected
over the next 12 to 18 months.  Moody's could upgrade the ratings
over time if RP Crown's earnings growth accelerates and it could
sustain total debt to EBITDA (Moody's adjusted) below 5.5x and
generates free cash flow in the high single digit percentages of
total debt.  Moody's could downgrade RP Crown's ratings if
declining earnings or an increase in debt to finance acquisitions
or shareholder distributions cause total debt to EBITDA to exceed
6.5x (Moody's adjusted) and free cash flow is expected to remain in
the low single digit percentages of total adjusted debt.

Moody's has assigned these rating actions:

Issuer: RP Crown Parent, LLC
  $400 million new senior notes due 2024—Assigned, Caa1 (LGD5)

RP Crown, an indirect subsidiary of Red Prairie Holding, Inc, is a
vendor of supply chain management and retail software and solutions
under the JDA Software brand.

The principal methodology used in this rating was Software Industry
published in December 2015.



RP CROWN: S&P Assigns 'CCC+' Rating on 8-Yr. $400MM Unsec. Notes
----------------------------------------------------------------
S&P Global Ratings assigned its 'CCC+' issue-level rating to
Scottsdale, Ariz.-based supply chain management software provider
RP Crown Parent LLC's proposed 8-year $400 million unsecured notes.
S&P also assigned a '6' recovery rating to the notes, indicating
its expectation for negligible recovery (0% to 10%) in the event of
payment default.  RP Crown (which markets products under the JDA
Software brand) will use the proceeds from the notes, a new $1.2
billion secured term loan, and $580 million of new equity from new
sponsor The Blackstone Group L.P. and existing sponsor New Mountain
Capital LLC to repay existing debt and pay transaction fees.

"We expect to raise the corporate credit rating to 'B' from 'CCC+',
remove it from CreditWatch where we placed it with positive
implications on Aug. 22, 2016, and assign a stable outlook after
the transaction closes.  The prospective upgrade reflects the
improved cash flow that will result from the nearly $70 million in
interest expense savings and the extension of the company's debt
maturities.  We expect 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," S&P said.

                         RECOVERY ANALYSIS

Key analytical factors

   -- S&P's hypothetical default scenario contemplates a default
      in 2019 as a result of reduced investment spending by
      manufacturing and retail customers due to an economic
      downturn, and improved competitive offerings from larger
      players such as Oracle and SAP.

   -- S&P continues to value the company on a going concern basis
      using a 6x multiple of its projected emergence EBITDA, which

      is at the high end of the range S&P uses for software
      companies.

Simulated default assumptions
   -- Simulated year of default: 2019
   -- EBITDA at emergence: $153 million
   -- EBITDA multiple: 6x
   -- The revolving credit facility is 85% drawn at default

Simplified waterfall
   -- Net enterprise value (after 5% administrative costs):
       $874 million
   -- Valuation split (obligors/nonobligors): 70%/30%
   -- Value available to secured creditors: $833 million
      ---------------------------------------------------
   -- Secured first-lien debt claims: $1.32 billion
      -- Recovery expectations: 50%-70% (upper half of the range)
   -- Value available to unsecured claims: $41 million
   -- Unsecured claims: $430 million
      -- Recovery expectations: 0% to 10%

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

RATINGS LIST

RP Crown Parent LLC
Corporate Credit Rating               CCC+/Watch Pos

New Rating

RP Crown Parent LLC
8-year $400 million notes
Senior Unsecured                      CCC+
  Recovery Rating                      6


S & H OF WEST: Unsecured Creditors Will Get 8% Under Plan
---------------------------------------------------------
S & H of West Palm Beach, Inc., filed a disclosure statement for
its small business Chapter 11 case in relation to its Plan of
Reorganization dated September 8, 2016.

The Plan provides that the general unsecured creditors, who are
classified in Class 1, will be receiving a distribution of 8% of
their allowed claims, paid on a pro-rata basis at $345.37 per month
over a term of 60 months.

Payments and distributions under the Plan will be funded by the
Debtor's continued operation of its dry cleaning business. 

A full-text copy of the Disclosure Statement dated September 9,
2016, is available at https://is.gd/ex5hFr

       About S & H of West Palm Beach

S & H of West Palm Beach, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-13452) on
March 10, 2016.  The Petition was signed by the Company's
President, Hamid B. Bhatti.  The Debtor is represented by Stephen
P. Orchard, Esq., at the Law Offices of Stephen Orchard.

At the time of filing, the Debtor had $50,000 in estimated assets
and $100,000 to $500,000 in estimated liabilities.

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 & H of West Palm Beach, Inc.  


S TRUETT HEARN: Disclosure Approval Hearing Set for Oct. 18
-----------------------------------------------------------
A hearing will be held on October 18, 2016, at 9:00 a.m., to
determine the adequacy of the information contained in S Truett
Hearn's proposed disclosure statement.

Any written objections and/or proposed modifications to the
Disclosure Statement are required to be filed not less than 7 days
prior to the hearing.

        About S Truett Hearn

S Truett Hearn filed a Chapter 11 petition (Bankr. D. Idaho Case
No. 16-00447) on April 7, 2016.  The Debtor counsel is represented
by D Blair Clark, Esq. -- dbc@dbclarklaw.com


SA INTER INVEST: Court Extends Solicitation Period Until Nov. 10
----------------------------------------------------------------
Judge A. Jay Cristol of the U.S. Bankruptcy Court for the Southern
District of Florida extended SA Inter Invest 1, LLC’s exclusivity
period to solicit acceptances of the Debtor's Plan by 60 days or
until Nov. 10, 2016.

According to the Troubled Company Reporter, the Debtor asked for a
60-day extension of its exclusive period from the Court, contending
that it had been negotiating with counsel K Kevin L Hing, Esq. on
behalf of Creditor JPMorgan Chase Bank, National Association, since
February 2016 about adequate protection and plan treatment, and
counsel was continuously advised that negotiations would be
forthcoming. Consequently, on July 27, 2016, the Debtor's counsel
was contacted by Andrew Zaron, Esq. at Leon Cosgrove, LLC, who
advised that he had just been retained by Chase, and at that point
the Debtor's counsel uploaded the mediation order, and mediation
was set for early September.

                               About SA Inter Invest

Headquartered in Miami Beach, Florida, SA Inter Invest 1, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. S.D. Fla. Case
No. 15-31770) on Dec. 16, 2015, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Laurent Benzaquen, manager.  Judge Jay A.
Cristol presides over the case.  Joel M. Aresty, Esq., at Joel M.
Aresty P.A. serves as the Debtor's bankruptcy counsel.


SABBATICAL INC: Peoples Bank Seeks Appointment of Ch. 11 Trustee
----------------------------------------------------------------
Peoples Bank asks the U.S. Bankruptcy Court for Southern District
of West Virginia to enter an order directing the appointment of a
Chapter 11 Trustee to oversee the administration of the Chapter 11
bankruptcy case file by Sabbatical, Inc.

The Debtor is owned and/or operated by Dennis Ray Johnson.  Prior
to the Ch. 11 Trustee petition, the Bank filed certain state court
action as a creditor of various non-Debtor affiliated Defendants,
who own and operate various interrelated coal-mining businesses
owned and/or operated by Dennis Johnson.

The Defendants and/or their related entities owed to the Bank more
than $19,000,000 under several instruments that are secured by
certain real and personal property assets.

The Bank asserts that the various Johnson-controlled debtors have
not been acting in good-faith, intend to and have delayed their
bankruptcy proceedings to the detriment and prejudice of its
Estate, and are impeding, obstructing and otherwise undermining the
administration of justice in this Court and in the state court in
the related proceedings. Even more troubling, the Bank has
discovered Dennis Johnson for concealing, transferring and
otherwise disposing of its (and other related debtors) assets
outside of the bankruptcy process.

Based on the intracompany transfers, pre-petition transfers by the
Debtor, and post-petition attempts to conceal collateral in
preparation for a sale not approved by the Court, cause exists to
appoint a Trustee based on Debtor's concealing, misrepresenting and
otherwise transferring and/or disposing of assets and the
obstruction of justice and to prevent any further loss of assets
from the Estate.

              About Sabbatical Inc.

Sabbatical, Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the Southern District of West Virginia
(Huntington) (Case No. 16-30247) on May 18, 2016, and is
represented by S Taylor Hood, Esq., at Offutt Nord Burchett PLLC,
in Huntington, West Virginia.  The petition was signed by Dennis
Johnson, President. The case is assigned to Judge Frank W. Volk.
The Debtor estimated both assets and liabilities in the range of $1
million to $10 million.


SABINE PASS: Moody's Assigns Ba2 Rating on $1BB Sr. Sec. Notes
--------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Sabine Pass
Liquefaction, LLC's (SPL) new $1.0 billion of senior secured notes
due 2027.  SPL's rating outlook remains stable.

The net bond proceeds from the offering are expected to repay SPL's
bank loan borrowings by approximately $830 million with the
remainder used to pay for increased interest during construction as
well as transaction costs.

                        RATINGS RATIONALE

The main credit factors supporting SPL's Ba2 rating are its
long-term contracts with investment grade off-takers, significant
construction progress made to date, anticipated strong cash flows
once steady state operation is achieved and Engineering,
Procurement, and Construction (EPC) contracts with Bechtel Oil, Gas
and Chemicals, Inc. (Bechtel) that mitigate some construction risk.
Sizeable third party equity investment of $2 billion, mostly
traditional project finance protections for the senior secured bank
loans, and the utilization of existing infrastructure are also
positive rating factors.  Key credit risks include remaining
construction challenges, including a reliance on $2.5 billion of
operating cash flow to fund construction and financing costs,
operating period execution risks, major debt maturities from 2020
through 2025 and uncertainty around eventual debt reduction.

Bechtel achieved Substantial Completion of SPL's Train 1 on
May 27, 2016 and Train 2 on September 15, 2016.  SPL has been
providing pre-commercial cargoes to BG Gulf Coast LNG (BG: not
rated) from Train 1 and will shortly start offering pre-commercial
cargoes to an affiliate of Gas Natural SDG S.A. (Gas Natural: Baa2,
stable).  The effective date of the 20-year Sale and Purchase
Agreements (SPA) for Train 1 with BG and Train 2 with Gas Natural
are anticipated to occur in November 2016 and August 2017,
respectively.  Contracted fixed payments for Trains 1 and 2 during
steady state operation exceed $900 million annually and, for all
five trains, approximately $2.9 billion annually.  Moody's rates
approximately $13.3 billion of SPL's pari passu debt at the Ba2
rating level.

SPL's stable rating outlook is supported by the expectation that
construction of the remaining Trains will proceed on schedule and
on budget.  Positive rating action is not currently anticipated
until SPL achieves incremental commercial operation and
construction progress on the three remaining trains and management
has publicly communicated a debt repayment strategy.  SPL's rating
could be downgraded if the project incurs significant construction
cost overruns or construction delays, major operating problems or
does not generate the expected level of cash flow to fund the
remaining construction costs.

The principal methodology used in this rating was Generic Project
Finance Methodology published in December 2010.



SAEXPLORATION HOLDINGS: Amends 3.1M Shares Resale Prospectus
------------------------------------------------------------
SAEXploration Holdings, Inc., filed with the Securities and
Exchange Commission an amended Form S-3 registration statement
relating to an aggregate of up to 3,083,359 shares of its common
stock that may be offered for sale from time to time by Whitebox
Asymmetric Partners, LP, BlueMountain Montenvers Master Fund SCA
SICAV-SIF, Aristides Fund LP et al.

The Company's common stock is listed on The Nasdaq Global Market
under the symbol "SAEX."  On Sept. 9, 2016, the closing price of
the Company's common stock on The Nasdaq Global Market was $9.41
per share.

The selling stockholders may sell all or a portion of the shares of
the Company's common stock beneficially owned by them and offered
hereby from time to time directly or through one or more
underwriters, broker-dealers, or agents.  The sales may be
conducted in the open market or in privately negotiated
transactions and at prevailing market prices, fixed prices, or
negotiated prices.  The selling stockholders will bear all
discounts, concessions, commissions, and similar expenses, if any,
attributable to the sale of shares.  The Company will bear the
other costs, expenses, and fees in connection with the registration
of the shares.

The Company will not receive any of the proceeds from the sale of
shares of its common stock by the selling stockholders.  The
Company will not control or determine the price at which the
selling stockholders sell their shares, and the Company does not
know at which times or in what amounts the selling stockholders may
offer the shares for sale.

A full-text copy of the Form S-3/A is available for free at:

                       https://is.gd/xxoxK4
  
                 About SAExploration Holdings, Inc.

SAExploration Holdings, Inc., and its subsidiaries are
internationally-focused oilfield services company offering a full
range of vertically-integrated seismic data acquisition and
logistical support services in Alaska, Canada, South America, and
Southeast Asia to its customers in the oil and natural gas
industry.  In addition to the acquisition of 2D, 3D, time-lapse 4D
and multi-component seismic data on land, in transition zones
between land and water, and offshore in depths reaching 3,000
meters, the Company offers a full-suite of logistical support and
in-field data processing services.  The Company operates crews
around the world that are supported by over 29,500 owned land and
marine channels of seismic data acquisition equipment and other
leased equipment as needed to complete particular projects.

SAExploration reported a net loss attributable to the Corporation
of $9.87 million in 2015 following a net loss attributable to the
Corporation of $41.8 million in 2014.

As of June 30, 2016, SAExploration had $207 million in total
assets, $221 million in total liabilities and a total
stockholders' deficit of $13.9 million.

                        *     *     *

In June 2017, S&P Global Ratings lowered its corporate credit
rating on SAExploration Holdings to 'CC' from 'CCC-'.  The outlook
remains negative.  The downgrade follows SAExploration's
announcement that it plans to launch an exchange offer to existing
holders of its 10% senior secured notes for shares of common equity
and a new issue of second-lien notes.

In September 2016, Moody's Investors Service withdrew
SAExploration's 'Caa2' Corporate Family Rating and other ratings.


SAMSON RESOURCES: Court Expunges Ness Claims
--------------------------------------------
Judge Christopher S. Sontchi of the United States Bankruptcy Court
for the District of Delaware granted Samson Resources Corporation,
et al.'s first objection to Claim Nos. 559, 753, 869, 1798, 1799,
and 1800 filed on behalf of Lloyd Odell Ness and certain family
members.

On June 27, 2007, a predecessor to the debtors, Sundance Oil and
Gas, LLC, entered into an Oil and Gas Lease with Lois P. Ness.  The
Ness Lease created a one-sixth royalty interest in the oil and gas
produced from wells drilled on the Ness property.  The debtors
drilled and now operate 10 wells on the Ness property.

Later, Ms. Ness' interest in the Oil and Gas Lease was divided
among her step-children, which includes Lloyd Odell Ness.  Although
the Ness Lease provides for a one-sixth aggregate royalty, Mr. Ness
and the other individual Ness Claimants each own a fraction of this
one-sixth interest based on the divided ownership of the Ness
property.

In November 2015, substantially identical Ness Claims were filed
against Samson Resources Corporation.  Mr. Ness' claim asserted
"$75,000 to $1,000,000" for royalties allegedly owed by the debtors
to Mr. Ness, plus interest at an annual rate of 18 percent.  Mr.
Ness' claim also stated that the claim is secured and entitled to
priority as a mineral payee pursuant to section 507 of the
Bankruptcy Code.

The debtors objected to the Ness Claims on the following bases: (i)
the debtors have made all royalty payments to date and Mr. Ness'
theory of improper deductions is incorrect as a matter of law; (ii)
even if the deductions were improper (which the debtors assert they
are not), the amount at stake is only a fraction of the asserted
claim amount and the Ness Claimants are not entitled to interest;
(iii) the Ness Claims are not supported by any documentation; (iv)
the Ness Claims are asserted against the wrong debtor (all were
asserted against Samson Resources Corporation when they should have
been asserted against Samson Resources Company); (v) the Ness
Claims are not secured because they have not identified any
collateral and the Debtors are not aware of a perfected security
interest; and (vi) the Ness Claims are not entitled to priority as
there is no priority right in section 507 for "mineral payee."

Judge Sontchi found that under the Ness Lease, Sampson Resources
Company is the lessee.  Thus, the judge ordered that each of the
Ness Claims be modified to be asserted against Sampson Resources
Company.

Judge Sontchi also ordered that the Ness Claims be reclassified as
general unsecured claims for disputed amounts, if any, occurring
prior to the petition date, because the Ness Claimants have not
identified any terms of the Ness Lease, specified any assets that
constitute their collateral, or provided any legal theory to
establish their status as secured creditors.  The judge also held
that the Ness Claimants do not qualify for any category of priority
claim under section 507 of the Bankruptcy Code.

Further, Judge Sontchi held that post-production expenses, in
accordance with North Dakota law, are properly charged against the
royalties.  Thus, the judge concluded that it was appropriate for
the debtors to deduct post-production expenses from Mr. Ness's
royalties.  Judge Sontchi also held that post-production costs
related to gas that exceed the value of the gas can be netted
against the oil royalties.

Accordingly, Judge Sontchi disallowed and expunged the Ness
Claims.

A full-text copy of Judge Sontchi's September 13, 2016 memorandum
order is available at http://bankrupt.com/misc/deb15-11934-1346.pdf


                      About Samson Resources

Samson Resources Corporation, et al., filed Chapter 11 bankruptcy
petitions (D. Del. Lead Case No. 15-11934) on Sept. 16, 2015.
Philip W. Cook, the executive vice president and CFO, signed the
petition.  The Debtors estimated assets and liabilities of more
than $1 billion.

Samson is an onshore oil and gas exploration and production company
with interests in various oil and gas leases primarily located in
Colorado, Louisiana, North Dakota, Oklahoma, Texas, and
Wyoming.  The Operating Companies operate, or have royalty or
working interests in, approximately 8,700 oil and gas production
sites.

Samson was acquired by KKR and Crestview from Charles Schusterman
in December 2011 for approximately $7.2 billion.  The investor
group provided approximately $4.1 billion in equity investments as
part of the purchase price.

Kirkland & Ellis LLP represents the Debtors as general counsel.
Klehr Harrison Harvey Branzburg LLP is the Debtors' local counsel.

Alvarez & Marsal LLC acts as the Debtors' financial advisor.
Blackstone Advisory Partners L.P. serves as the Debtors'
Investment banker.  Garden City Group, LLC, serves as claims and
noticing agent to the Debtors.

Andrew Vara, acting U.S. trustee for Region 3, appointed three
creditors of Samson Resources Corp. and its affiliated debtors to
serve on the official committee of unsecured creditors.  The
Committee has tapped White & Case LLP as counsel and Farnan LLP as
local counsel.

                          *     *     *

The Debtors, on May 16, 2016, filed a new debt-for-equity Chapter
11 Plan, a copy of whose Disclosure Statement is available at
http://bankrupt.com/misc/SAMSONds0517.pdf

The Plan contemplates an exchange of First Lien Claims for new
first lien debt (including commitments under a new reserve-based
revolving credit facility), Cash (including proceeds from Asset
Sales, if any), and new common equity.

In a subsequent filing, the Creditors Committee submitted a motion
in court seeking the termination of the Debtors' exclusivity
periods to file, and solicit acceptances for that, a Chapter 11
plan.  As reported in the May 26, 2016 edition of The Troubled
Company Reporter, the Committee claimed that "the Debtors' Amended
Plan on file represents a no win choice for unsecured creditors:
vote for the plan and get less than one would in a Chapter 7
liquidation; fight the plan and either get nothing or end up six
months down the road with no plan and administrative expenses
running out of control."


SAN JUAN OIL: Nov. 18 Disclosure Statement Hearing Set
------------------------------------------------------
A hearing on approval of the disclosure statement explaining San
Juan Oil Company, Inc.'s plan is scheduled for November 18, 2016 at
9:30 A.M., before Judge Edward A. Godoy of the U.S. Bankruptcy
Court for the District of Puerto Rico.

Objections to the form and content of the disclosure statement
should be in writing and filed with the court and served upon
parties in interest at their address of record not less than 14
days prior to the hearing. Objections not timely filed and served
will be deemed waived.

San Juan Oil Company Inc. filed a Chapter 11 petition (Bankr.
D.P.R. Case No. 15-09593) on December 1, 2015, and is represented
by Wigberto Lugo Mender, Esq., in Guaynabo, Puerto Rico.  At the
time of filing, the Debtor had estimated assets of $1 million to
$10 million and estimated liabilities of $10 million to $50
million.  The petition was signed by Nestor del Castillo-Hernandez,
president.  A list of the Debtor's 12 largest unsecured creditors
is available for free at http://bankrupt.com/misc/prb15-09593.pdf


SANDIA TOBACCO: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Sandia Tobacco Manufacturers, Inc.
        a New Mexico Domestic Profit
        7900 Reading SE, Building A
        Albuquerque, NM 87105

Case No.: 16-12335

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       District of New Mexico (Albuquerque)

Judge: Hon. Robert H. Jacobvitz

Debtor's Counsel: William F. Davis, Esq.
                  WILLIAM F. DAVIS & ASSOC. P.C.
                  6709 Academy NE, Suite A
                  Albuquerque, NM 87109
                  Tel: 505-243-6129
                  Fax: 505-247-3185
                  E-mail: daviswf@nmbankruptcy.com

Total Assets: $390,339

Total Liabilities: $9.73 million

The petition was signed by Donna E. Woody, vice
president/secretary.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/nmb16-12335.pdf


SECURED ASSETS: Case Summary & 16 Unsecured Creditors
-----------------------------------------------------
Debtor: Secured Assets Belvedere Tower, LLC
        450 N. Arlington Ave
        Reno, NV 89503

Case No.: 16-51162

Type of Business: Single Asset Real Estate

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       District of Nevada (Reno)

Judge: Hon. Gregg W. Zive

Debtor's Counsel: Elizabeth A. High, Esq.
                  DAVIS GRAHAM & STUBBS LLP
                  50 West Liberty Street, Suite 950
                  Reno, NV 89501
                  Tel: 775-229-4219
                  Fax: 775-403-2187
                  E-mail: elizabeth.high@dgslaw.com

                    - and -

                  Cecilia Lee, Esq.
                  DAVIS GRAHAM & STUBBS, LLP
                  50 West Liberty Street, Suite 950
                  Reno, NV 89501
                  Tel: 775-229-4219
                  Fax: 775-403-2187
                  E-mail: cecilia.lee@dgslaw.com

Total Assets: $20.4 million

Total Debts: $18.5 million

The petition was signed by Gregg Smith, manager of Ananda
Advisors.

Debtor's List of 16 Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Ananda Partners I                                         $50,000

Ananda Partners I                                      $2,929,575
and III, LLC
899 Northgate Drive
Suite 302
San Rafael, CA 94903

Ananda Partners III, LLC                              $ 6,250,000
899 Northgate Drive, Suite 302
San Rafael, CA 94903

Batteries Plus                   Stock Maintenance           $345
                                     Supplies

Beyers Costin Simon                                        $8,010

David Lonich                                                   $0

De Lage Landen                   Office Equipment            $222
                                 Lease Payment

Dickson Commercial Group, Inc.                             $2,480

GCO Carpet Outlet                Property turnover         $1,919
                                     carpet

HD Supply Facilities             Stock Maintenance           $191
Maintenance                           supplies

Office Supplies                    Office Supplies           $100

On-Site.com                      Tenant Screenings           $474

Planetlink                        Website Hostings           $199

R & J Janitorial Services           Carpet Clean             $100
                                     turnover

Sherwin Williams                 Stock Maintenance           $248
                                     supplies

Sierra Property                  Property Turnover           $630
Maintenance, Inc.                      Cleaning


SIDNEY TRANSPORTATION: Wants to Use Cash Collateral on Final Basis
------------------------------------------------------------------
Sidney Transportation Services, LLC, asks the U.S. Bankruptcy Court
for the Northern District of Ohio for authorization to use cash
collateral on a final basis.

The Debtor relates that it has sought for and obtained
authorization to use cash collateral on an interim basis.  

The Debtor says that it seeks to use cash collateral on the same
terms as the Court's prior Interim Orders regarding the use of cash
collateral and setting adequate protection payments, with the
exception of the following terms:

     (1) the Floor Amount, regarding Debtor's cash, bank accounts
and accounts receivable has been reduced from $572,893 to
$540,000;

     (2) a listing of cash and deposit accounts and aging accounts
receivable list is to be provided on a monthly basis as opposed to
a weekly basis; and

     (3) the Debtor is permitted to exceed its overall monthly
budgeted expenses by more than 10% to account for reasonable and
necessary contingencies in the Debtor's business operations so long
as the basis therefor is disclosed and the opportunity to object is
provided.

A full-text copy of the Motion, dated Sept. 16, 2016, is available
at https://is.gd/lHlRkz

                  About Sidney Transportation

Sidney Transportation Services, LLC, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N. D. Ohio Case No.
16-32270) on July 18, 2016.  The petition was signed by Steven
Woodruff, owner/managing member.

The case is assigned to Judge John P. Gustafson.  The Debtor is
represented by Eric R. Neuman, Esq., at Diller and Rice, LLC.

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


SNAP INTERACTIVE: Enters Into Merger Agreement With Paltalk
-----------------------------------------------------------
A.V.M. Software, Inc., doing business as Paltalk, and Snap
Interactive, Inc., announced that they have entered into a
definitive merger agreement for the previously announced proposed
merger between Paltalk and SNAP.  The agreement was approved by the
holders of a majority of Paltalk's outstanding shares on Sept. 13,
2016.

The proposed merger is structured as a tax-free stock-for-stock
transaction.  Pursuant to the merger agreement, Paltalk will merge
into a newly formed wholly owned subsidiary of SNAP, with Paltalk
surviving as a wholly owned subsidiary of Snap.

Following the completion of the proposed merger, Paltalk's
stockholders will own a majority of SNAP's outstanding common stock
on a fully-diluted basis.  The proposed merger is expected to close
in the fourth quarter of 2016.

The mission of the combined company is to become the leading
platform in connecting a global audience of users around interest
categories and dating by leveraging live video and chat as the core
method of communication.  Transaction highlights include:

   * a combined user database of over 250 million registered
     users;

   * greater scale and diversification, with eight products and
     combined annual revenues estimated at approximately $30
     million;

   * a strong balance sheet, with Paltalk reporting more than $6
     million of cash and cash equivalents at June 30, 2016,
     representing ample cash resources to fund growth and existing

     debt commitments of the combined company;

   * a global video communication network of social applications
     spanning chat and dating, with pioneering products in the
     dynamic and growing live video space;

   * a very large, international database ripe for cross-selling
     existing products, as well as anticipated new live video
     product introductions;

   * a "next wave" disruptive product opportunity incorporating
     the intersection of dating and real time video;

   * a public vehicle with potential to execute additional
     acquisitions of companies in the $4 billion interactive
     dating industry; and

   * potential IP licensing opportunities, including those arising
     from AVM's diversified and active patent portfolio, including
     patent numbers 5,822,523 and 6,226,686, which were previously

     licensed to Microsoft Corp., Sony Corporation of America and
     Activision Blizzard Inc.

Upon the completion of the proposed merger, the combined company
will be led by Alexander Harrington, SNAP's current chief executive
officer and chief financial officer, who will serve as the combined
company's chief executive officer and interim chief financial
officer.  In addition, Jason Katz, Paltalk's current chief
executive officer, will serve as the combined company's Chairman of
the Board, president and chief operating officer.

In addition to Messrs. Harrington and Katz, the combined company's
board of directors will include two members of the current Paltalk
board -- Lance Laifer and John Silberstein, one member of the
current SNAP board -- Clifford Lerner, who co-founded SNAP and
served as its chief executive officer through 2015, and two new
board members -- Yoram "Rami" Abada and Michael Levit.

Mr. Harrington said, "With the explosion of live video and chat
evidenced by Snapchat's rapid rise and Facebook's adoption of live
technologies and video profiles, we expect live video communication
will become the standard for social networking and online dating
sites in the upcoming years."

Mr. Harrington continued, 'We believe that the combined company has
extraordinary strengths.  SNAP's expertise in social dating and
data-driven culture made it the first successful Facebook dating
app.  Paltalk has gained massive adoption powered by the technical
knowhow supporting a best-in-class live video chat platform.  These
capabilities present a wide array of growth opportunities.  In
particular, the combined company is well-positioned to integrate
dating and real time video into a 'next wave' disruptive product in
the fast growing online dating space."

Mr. Katz concluded, "Paltalk has had a successful track record of
M&A, with strategic acquisitions underlying four of the company's
key products: Camfrog, Tinychat, Firetalk and Vumber, as well as IP
acquisitions.  As we look ahead to the merger with Snap, the
increased scale and liquidity of the combined company will enable
it to grow organically and potentially through further
acquisitions.  We are excited to work together to combine our
complementary resources and create a stronger company that will be
responsive to the needs of today's industry.  I look forward to
contributing to the success and growth of the combined company."

The consummation of the proposed merger is subject to the
satisfaction or waiver of customary closing conditions.  There can
be no assurance that SNAP and Paltalk will consummate, or fulfill
the necessary conditions to consummate, the proposed merger.

Haynes and Boone, LLP is serving as legal counsel to SNAP and Pryor
Cashman LLP is serving as legal counsel to Paltalk in connection
with the proposed merger.

                      About Snap Interactive

Snap Interactive, Inc. -- http://www.snap-interactive.com/--
develops, owns and operates dating applications for social
networking websites and mobile platforms.  The Grade is a
patent-pending mobile dating application catering to high-quality
singles.  SNAP's flagship brand, FirstMet, is a multi-platform
online dating site with a large user database of approximately 30
million users.

As of June 30, 2016, Snap Interactive had $2.86 million in total
assets, $6.58 million in total liabilities, and a total
stockholders' deficit of $3.71 million.

The Company reported a net loss of $1.29 million in 2015 following
a net loss of $1.65 million in 2014.

Marcum LLP, in New York, NY, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2015, citing that the Company has incurred net losses and needs
to raise additional funds to meet its obligations and sustain its
operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


SNUG HARBOR: Asks Court to Move Plan Filing Period to December 7
----------------------------------------------------------------
Snug Harbor Marina, LLC requests the U.S. Bankruptcy Court for the
District of New Jersey to extend the Debtor's exclusive period to
file a Plan of Reorganization until Dec. 7, 2016 and preserve for
the Debtor the exclusive right to solicit acceptances of such a
plan until Feb. 5, 2017.

The Debtor's exclusive right to file a plan of reorganization in
this case currently expires on Oct. 8, 2016, however, the Debtor
will not be in a position to file a Chapter 11 plan by the Oct. 8
deadline for the Debtor is still working to obtain a refinancing or
sale of its property.

Once the Debtor has entered into an Agreement of Sale or
Refinancing Agreement, there will be clarity in the Debtor's
financial situation that will permit him to focus on formulating,
negotiating, preparing and proposing a Plan of Reorganization to
pay its largest secured creditor Harvest Community Bank, and any
remaining creditors and parties in interest as possible.

Furthermore, the Debtor still needs to ascertain the final total
amount of filed proofs of claim from its creditors, considering
that the Court has set Aug. 24, 2016 as the General Bar Date and
Sept. 24, 2016, as the Governmental Bar Date.  Since the
Governmental Bar Date has not expired, additional proofs of claim
from governmental entities, could be filed impacting the treatment
of all claims in the Disclosure Statement and Plan of
Reorganization.

The Court will conduct a hearing on the Debtor's request on October
4, 2016 at 10:00 a.m.

                                 About Snug Harbor

Snug Harbor Marina, LLC, owns and operates a fishing marina located
at 926 Ocean Drive, Cape May, New Jersey. The marina has been
operating since 2002.  The fishing marina is open all year
providing boat slips, docks along with a store selling boating and
fishing gear, located on the site.  The Debtor owns the real estate
on which the marina business operates.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
D.N.J. Case No. 16-16895) on April 11, 2016, listing $6.46 million
in total assets and $3.78 million in total liabilities.  The
petition was signed by Ralph P. Farrell, member.

Judge Andrew B. Altenburg Jr. presides over the case.

Scott M. Zauber, Esq., at Subranni Zauber LLC, serves as the
Debtor's bankruptcy counsel.


ST. LUKE BAPTIST: Selling Long Beach Property for $350K
-------------------------------------------------------
St. Luke Baptist Church, doing business as St. Luke Holy Baptist
Church, asks the U.S. Bankruptcy Court for the U.S. Bankruptcy
Court for the Central District of California to authorize the sale
of its interest in real property located at at 3420 Denver Avenue,
Long Beach, California ("3420 Denver Property") to Ignacio Gonzalez
and Alba Sanchez for $350,000, subject to overbid.

A hearing on the Motion is set for Oct. 4, 2016 at 3:00 p.m.

The Debtor owns four pieces of real property in Long Beach,
California. The first is a church located at 1401 West 34th Street;
the second is an unimproved lot that is used for parking located at
3415 Delta Avenue; the third is a single family residence located
at 3406 Denver Avenue; and the fourth is the 3420 Denver Property,
a single-family residence.  The Debtor leases the 3420 Denver
Property and receives approximately $1,400 per month in rent.

The Debtor has two secured Debtors.  BDM Mortgage, the first
priority secured creditor, is the holder of the first deed of
trust.  The first deed of trust is secured by the four real
properties.  The Debtor owes BDM Mortgage approximately $318,000.
The Debtor's second priority secured creditor is the Southwest
Baptist Conference, the holder of the second deed of trust.  The
Debtor owes Southwest Baptist $119,412 in principal; this amount
has been increased to approximately $164,302 due to fees and
expenses.

While Debtor has not received any offers other than the Buyers'
offer to purchase the 3420 Denver Property, Debtor believes the
offer represents the highest or otherwise best offer because the
sale of the 3420 Denver Property, in addition to the Loan, will
yield sufficient funds to pay all of Debtor's creditors in full.

Further, the Debtor previously retained the services of a real
estate agent who indicated that she expected the house could be
sold for no more than approximately $400,000.  In addition, the
Debtor has obtained a real estate agent's opinion of value that
shows the 3420 Denver Property is valued at approximately $400,000.
Because the sale, as proposed by the Amended Motion, has no
brokers' fees, the current offer, or any overbid, will result in
Debtor receiving the same net proceeds from the sale as if Debtor
sold the 3420 Denver Property for $400,000 due to the elimination
of the brokers' fees, as well reducing the delay in finding a buyer
for the 3420 Denver Property.

The Debtor intends to pay all of its creditors through both the
sale of 3420 Denver Property and a refinance of the four real
properties.

Other than the Debtor's secured claims, the Debtor has few other
claims. It has two administrative expense claims. The first
administrative expense claim is that of the United States Trustee
fees for the thirst quarter of 2016 which the Debtor estimates to
be $4,875. The second administrative expense claim is that of
Haberbush & Associates, LLP, the Debtor's proposed general
bankruptcy counsel. Haberbush & Associates estimates that its total
claim for fees and costs will not exceed $40,000.

The Debtor has three unsecured creditors.  The first is Internal
Revenue Service's priority unsecured claim of $0 on account of its
missing tax returns.  The second is the Staples Commercial's
general unsecured claim of $554 on account of a prepetition
unsecured debt.  The third is the United States Trustee's general
unsecured claim of $650 on account of quarterly fees due in
relation to the First Bankruptcy.

On or about Aug. 16, 2016, the Debtor filed a Motion for an Order
Approving (1) Post-Petition Financing; (2) Granting a Post-Petition
Lien; and (3) Distribution of the Proceeds of the Post-Petition
Financing ("Motion for Post-Petition Financing"). At the hearing on
the Motion for Post-Petition Financing, the Court ordered Debtor to
amend the Motion for Post-Petition Financing to include the revised
terms of the loan.  Further, the Court continued the hearing on the
Motion for Post-Petition Financing to Sept. 13, 2016 at 3:30.  On
Sept. 9, 2016, the Debtor filed an Amended Motion for an Order
Approving (1) Post-Petition Financing; (2) Granting a Post-Petition
Lien; and (3) Distribution of the Proceeds of the Post-Petition
Financing ("Amended Motion for Post-Petition Financing").

By the Amended Motion for Post-Petition Financing, the Debtor seeks
post-petition financing to pay all of its creditors in full. As
stated in the Amended Motion for Post-Petition Financing, the loan
amount from Farmers & Merchants Bank amounts to $250,000 ("Loan").
The net proceeds from the Loan will be $242,648.  The Loan (in
conjunction with the sale) will allow the Debtor to fully resolve
all of its claims and allow it to successfully reorganize.

On July 22, 2016, a Residential Purchase Agreement and Joint Escrow
Instructions ("Agreement") was tendered by the Buyers to Debtor
offering $350,000 for the purchase of the 3420 Denver Property.
After some revisions to the addendum were made to take into account
Debtor's bankruptcy proceeding, on Aug. 15, 2016, both the Buyers
and Debtor signed the Agreement.

A copy of the Agreement attached to the Motion is available for
free at:

        http://bankrupt.com/misc/St_Luke_Baptist_105_Sales.pdf

Pursuant to the Agreement, the Buyers will purchase all interests
in the 3420 Denver Property for $350,000.  The Buyers will obtain
an FHA loan for $337,750.  The Buyers have paid an initial deposit
of $2,000 toward the purchase price and will receive full credit
towards the purchase price for the deposit amount.  Further, the
Buyers will make a down payment of $10,250 toward the purchase
price.  The balance of the purchase price will be paid no later
than 10 days upon the entry of a final order approving the sale of
the 3420 Denver Property or in the manner and to the payees as
directed by the Court.

The Debtor retained the services of a real estate agent Mollie Beck
who indicated that she expected the house could be sold for no more
than approximately $400,000; because the sale, as proposed, has no
broker's fees, the current offer will result in the Debtor
receiving the same net proceeds from the sale if the Debtor sold
the 3420 Denver Property for $400,000 due to the elimination of the
broker's fees, as well as reducing the delay in finding a buyer for
the 3420 Denver Property.

Because the sale, in addition to the Loan, will result in all
creditors being paid, and further the sale will yield higher net
proceeds, the Debtor has determined that the sale of the 3420
Denver Property to the Buyers is the best means to obtain the most
favorable recovery from the sale of the 3420 Denver Property, as
well as the most expeditious sale.  Thus, the Debtor will seek, at
the hearing on the Amended Motion to Sell, the Bankruptcy Court's
approval of the Buyers or other successful bidder's offer to
purchase the 3420 Denver Avenue Property.

By the Amended Motion to Sell, the Debtor seeks approval of the
distribution of the proceeds of the sale of the 3420 Denver
Property as follows: (a) payment of escrow and title which the
Debtor estimates will be no more than $5,000; (b) payment for
inspections and reports and government requirements and retrofit
which the Debtor estimates will be no more than $10,000; (c) all
unpaid real estate taxes owing to the Los Angeles County Tax
Collector; (d) pay all of its creditors, including its secured
creditors and unsecured creditors, along with a set aside for
administrative creditors. After deduction of the items which will
be paid at the close of sale and total no more than $15,000, the
estimated remainder of the proceeds of the sale is the sum of
$335,000.

Further, the net proceeds from the Loan will be $242,648.  By the
Amended Motion to Sell, the Debtor seeks authority to distribute
the remaining proceeds from the sale as follows: (a) $242,648 to
BDM Mortgage for its claim ; (b) $164,302 to Southwest Baptist for
its secured claim; (c) $4,875 to United States Trustee fees for the
third quarter; (d) $40,000 to Haberbush & Associates, LLP for its
fee; (e) $554 to Staples Commercial on account of its general
unsecured claim; and (f) $650 to the United States Trustee on
account of its general unsecured claim.

A prompt sale of the 3420 Denver Property is necessary to maximize
the value of 3420 Denver Property, and to facilitate a prompt
payment to the Debtor's creditors.  Accordingly, the Debtor
requests that the Court waive the 14-day stay of orders provided by
Rule 6004(h) of the Federal Rules of Bankruptcy Procedure to allow
the Debtor to immediately close the sale once the order authorizing
the sale is entered.

                  About St. Luke Baptist Church

Long Beach, California-based St. Luke Baptist Church, doing
business as St. Luke Holy Baptist Church, sought the Chapter 11
protection (Bankr. C.D. Cal. Case No. 16-15570) on Feb. 29, 2016.

The Debtor estimated assets in the range of $500,001 to $1,000,000
and $100,001 to $500,000 in debt.

The Debtor tapped  Michele A Dobson, Esq. at the Law Offices of
Michele A. Dobson as counsel.

The petition was signed by the Debtor's counsel.


STELLAR BIOTECHNOLOGIES: Registers 1.26M Common Shares for Resale
-----------------------------------------------------------------
Stellar Biotechnologies, Inc. filed with the Securities and
Exchange Commission a Form S-3 registration statement relating to
the offering of up to 1,265,626 common shares of the Company by
Anson Investments Master Fund LP, Empery Asset Master, LTD, Empery
Tax Efficient, LP, et al.

The Company issued the warrants to the selling shareholders in a
private placement financing the Company completed in July 2016. The
warrants have an exercise price of $4.50 per share (as it may be
adjusted pursuant to the terms of the warrants).  The Company will
not receive any proceeds from the resale of the common shares by
the selling shareholders.  Any proceeds received by the Company
from the exercise of the warrants will be used for general
corporate purposes.

The selling shareholders may offer the Company's common shares from
time to time in a number of different methods and at varying
prices.

The Company's common shares are listed on The NASDAQ Capital Market
under the symbol "SBOT."  The last reported sale price of the
Company's common shares on Sept. 15, 2016, was $2.22 per
share.

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

                    https://is.gd/fiF631

                        About Stellar

Port Hueneme, Cal.-based Stellar Biotechnologies, Inc.'s
business is to commercially produce and market Keyhole Limpet
Hemocyanin ("KLH") as well as to develop new technology related to
culture and production of KLH and subunit KLH ("suKLH")
formulations.  The Company markets KLH and suKLH formulations to
customers in the United States and Europe.

KLH is used extensively as a carrier protein in the production of
antibodies for research, biotechnology and therapeutic
applications.

Stellar Biotechnologies reported a net loss of $8.43 million for
the year ended Aug. 31, 2014, a net loss of $14.5 million for the
year ended Aug. 31, 2013, and a net loss of $5.52 million for the
year ended Aug. 31, 2012.  Stellar Biotechnologies reported a net
loss of $2.84 million on $758,689 of revenues for the year ended
Sept. 30, 2015.

As of June 30, 2016, Stellar had $8.50 million in total assets,
$839,002 in total liabilities, all current, and $7.66 million in
total shareholders' equity.


STEPHEN HO LEE: Unsecureds to Get Full Payment Under Plan
---------------------------------------------------------
Stephen Ho Lee and Eun Soo Lee's Second Amended Disclosure
Statement dated August 31, 2016, a full-text copy of which is
available at:

          http://bankrupt.com/misc/15-21473-63.pdf

proposes that the Debtors will continue to seek modification of its
mortgage with U.S. Bank through the Plan Effective Date.

If the mortgage modification is unsuccessful, the Debtors will cure
the mortgage arrearage as follows:

   -- USB has added $107,620.50 of the arrearage to the principal
balance of the mortgage loan.  The Debtors will cure the remaining
arrearage, $394,223.54, by making a single payment of $120,000.00
on the Effective Date and thereafter amortizing the remaining
arrearage using a hypothetical 30-year amortization at an interest
rate of 3.0% per annum, with monthly payments beginning on the
Effective Date. The Debtors will conclude payments by making a
balloon payment of remaining principal and interest no more than
five years after the Effective Date. The Debtors anticipate that
they shall provide such payment by refinancing the entire USB
mortgage claim at or prior to the conclusion of the five year
period.

   -- In addition to curing the arrearage due to USB, the Debtors
will pay a compromise balance of $15,000.00 on their second
mortgage in favor of Educational Systems Federal Credit Union on
the Effective Date.

   -- The Debtors will also make quarterly distributions to holders
of Allowed Unsecured Claims for eight Calendar Quarters after the
Effective Date, paying all allowed Unsecured Claims in full.

Thus, the Plan provides that the Debtors will distribute
approximately $148,000.00 in available cash on the Effective Date,
and thereafter will distribute an additional approximate amount of
$348,000.00 over the remaining term of the Plan.

Stephen Ho Lee and Eun Soo Lee, owners of an accounting business,
filed a Chapter 11 Petition (Bankr. D. Md. Case No. 15-21473) on
August 18, 2015.

The Debtor is represented by:

     Augustus T. Curtis, Esq.
     COHEN, BALDINGER & GREENFELD, LLC
     2600 Tower Oaks Boulevard, Suite 103
     Rockville, MD 20852
     Tel: (301) 881-8300


STETSON RIDGE: Case Summary & 6 Unsecured Creditors
---------------------------------------------------
Debtor: Stetson Ridge Partners, LLC
        18306 Driftwood Drive E
        Lake Tapps, WA 98391

Case No.: 16-43830

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: September 15, 2016

Court: United States Bankruptcy Court
       Western District of Washington (Tacoma)

Judge: Hon. Paul B. Snyder

Debtor's Counsel: Larry B. Feinstein, Esq.
                  VORTMAN & FEINSTEIN
                  520 Pike Street, Ste. 2250
                  Seattle, WA 98101
                  Tel: 206-223-9595
                  E-mail: feinstein1947@gmail.com

Total Assets: $4.20 million

Total Liabilities: $3.71 million

The petition was signed by James B. Shinn, managing member.

A copy of the Debtor's list of six unsecured creditors is available
for free at http://bankrupt.com/misc/wawb16-43830.pdf


STEVE MURPHY: Plan Confirmation Hearing Set for Oct. 19
-------------------------------------------------------
Steve and Celeste Murphy won Bankruptcy court approval of an
amended disclosure statement explaining their Chapter 11 plan of
liquidation.

The Debtors filed with the Bankruptcy Court for the Northern
District of Illinois a Fifth Modified Plan of Liquidation and Fifth
Amended Disclosure Statement on Sept. 8, 2016.

Judge Thomas M. Lynch in Rockford, Ill., bankruptcy court, set:

     -- Oct. 10, 2016, as the deadline to vote on the Plan; and

     -- Oct. 19 at 10:30 a.m. as the hearing to consider
confirmation of the Plan.

Unsecured non-priority creditors of the Debtor are owed $6,157,050.
The Unsecured Non-Priority Creditors will be paid 100% of their
claim from the current cash on hand.  The Claims of Unsecured
Non-Priority Claimants are impaired under the Plan because they
were not paid according to their terms, but will be paid in full
within 14 days of confirmation of the Plan.

The Debtors own a portfolio of real estate holdings and currently
holds cash in the amount of $12,637,000 consisting of sales
proceeds of $10,000,000 from the sale of 23 of the minority
interests the Debtor owned, approximately $800,000 from the sales
of real estate that occurred during the time the case was opened,
and $1,837,500 from the sale of 7 LLC Interests which was approved
by the Court on Aug. 11, 2016.  These funds are currently being
held in the Debtor in Possession account.

A copy of the Fifth Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/ilnb13-80740-0366.pdf

                  About Steve and Celeste Murphy

Steve Murphy and Celeste Murphy filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ill. Case No. 13-80740) on March 7, 2013.
The Debtors own a portfolio of real estate holdings.  The case
judge is the Hon. Thomas M. Lynch.  Michael J. Davis, at BKN Murray
LLP, serves as the Debtors' counsel.


STONE PANELS: U.S. Trustee Adds Brick-Works UK to Committee
-----------------------------------------------------------
U.S. Trustee William T. Neary on Sept. 15 has added Brick-Works UK
Ltd. as member of the official committee of unsecured creditors of
Stone Panels, Inc.

As reported by the Troubled Company Reporter on Aug. 16, 2016, the
U.S. Trustee on Aug. 11 appointed three creditors to serve on the
Committee.

The committee members now include:

     (1) Brookside Mezzanine Fund III, L.P.
         Neil J. Shah, Vice President
         201 Tresser Boulevard, Suite 330
         Stamford, CT 06901-3435
         Tel: (203) 595-4530
         Fax: (203) 595-4220
         E-mail: nshah@brooksidegrp.com

     (2) IMAP Global Logistics
         Tamara Bennett, CEO
         1063 Texas Trail, Suite 200
         Grapevine, TX 76051
         Tel: (817) 481-1558
         Fax: (817) 481-0298
         E-mail: tbennett@imapgl.com

     (3) Elite on Premise
         Chris Rawlings, President and CEO
         4527 East 31st Street
         Tulsa, OK 74135
         Tel: (918) 742-6226
         Fax: (918) 742-6232
         E-mail: chris@eliteonpremise.com

     (4) Brick-Works UK Ltd.
         Lee Slack, Managing Director
         International House, Brunel Drive
         Newark, Notts., NG24 2EG, UK
         Tel: +44 (0)1636 612 414
         Fax: +44 (0)1636 646 717
         E-mail: leebrickwks@aol.com

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

                        About Stone Panels

Stone Panels, Inc., manufactures natural stone composite panels for
exterior, interior, renovation, elevator, and specialty
applications in the United States, France, Europe, and
internationally.

Stone Panels, Inc., and Stone Panels Holding Corp. filed chapter 11
petitions (Bankr. N.D. Tex. Lead Case Nos. 16-32856) on July 21,
2016.  The petitions were signed by Tim Friedel, the president and
CEO.  Judge Barbara J. Houser is assigned to the cases.  The
operating company estimated its assets at $10 million to $50
million, the Holding company estimated its assets at less than
$50,000, and both companies estimated their liabilities at $10
million to $50 million at the time of the filing.

The Debtors have hired Waller Lansden Dortch & Davis LLP as
counsel, Gray Reed & SSG Advisors, LLC, as investment banker and
Bill Roberts of CR3 Partners as chief restructuring officer.


STORM CAT ENERGY: Wants to Use Cash Collateral Until Nov. 30
------------------------------------------------------------
Storm Cat Energy Acquisitions, LLC, and its affiliated debtors ask
the U.S. Bankruptcy Court for the District of Colorado for
authorization to use cash collateral until Nov. 30, 2016.

The Debtor is indebted to Agent JP Morgan Chase Bank, N.A., and
several lenders, in the amount of $34,060,662, as of Aug. 31, 2016,
pursuant to a Credit Agreement.  The loan matures on Sept. 30,
2016.  The Lenders have a first priority security interest in all
of the Debtors' current and after-acquired assets, including their
equipment, accounts, chattel paper, general intangibles, documents,
instruments, inventory, and all other collateral and cash
collateral.

The Debtors relate that BP Energy Company may claim an interest in
the Debtors' cash collateral pursuant to an ISDA Master Agreement
and Schedule, as well as a related Security Agreement between BP
Energy and the Debtors.  The Debtors further relate that the BP
Energy Security Interest is subordinate and junior to the Lenders'
interest in the cash collateral.

The Debtors tell the Court that they have entered into an Asset
Purchase Agreement for the sale of substantially all of their
assets to Powder River Holdings, LLC.  The Debtors further tell the
Court that they will be filing a motion seeking the approval of the
APA and the sale procedures on an expedited basis.

The Debtors contend that in order for them to continue to operate
while in Chapter 11 in the ordinary course of business until the
Sale occurs, the Debtors must be able to, among other things, use
the remaining cash in the ordinary course of their Chapter 11
cases.  The Debtors further contend that without access to the cash
collateral, they will be unable to operate while in Chapter 11 and
be unable to achieve their goals in connection with the Chapter 11
cases, including a successful Sale.

The Debtors' proposed Budget covers a period of 13 weeks, beginning
on the week ended Sept. 10, 2016 and ending on the week ended Dec.
3, 2016.  The proposed Budget provides for total disbursements in
the amount of $25,300 for the week ended Sept. 17, 2016, and $7,900
for the week ended September 24, 2016.

The Debtors propose to grant the Lenders:

     (a) a first priority replacement lien on all their
unencumbered assets and presently owned and after-acquired
property;

     (b) a junior priority replacement lien on all the Debtors'
assets and presently owned or after-acquired property;

     (c) an allowed administrative expense claim, to the extent of
any diminution in the value of the Lenders' interest in the
collateral resulting from the use of the cash collateral, which
shall have the same priority as all other administrative expenses
in the case; and

     (d) a secured interest in the collateral resulting from the
use of the cash collateral, in the amount of interest and fees,
including reasonable attorney fees.

A full-text copy of the Debtor's Motion, dated Sept. 12, 2016, is
available at https://is.gd/3NHvCM

A full-text copy of the Debtor's proposed Budget, dated September
12, 2016, is available at https://is.gd/4uQDxR

                      About Storm Cat Energy

Battalion Resources, Inc., Storm Cat Energy (USA) Operating
Corporation, Storm Cat Energy (Powder River), LLC and Storm Cat
Energy Acquisitions, LLC filed chapter 11 petitions (Bankr. D.
Colo. Case Nos. 16-18917, 16-18920, 16-18922, and 16-18925,
respectively) on September 8, 2016.  The petitions were signed by
Christopher M. Naro, chief financial officer.

The Debtors are represented by Theodore J. Hartl, Esq., at
Lindquist & Vennum LLP - Denver.  Debtor Battalion Resources,
Inc.'s case is assigned to Judge Thomas B. McNamara, while Debtor
Storm Cat Energy (USA) Operating Corporation's case is assigned to
Judge Elizabeth E. Brown.

Battalion Resources disclosed total assets at $3.53 million and
total liabilities at $83.41 million, while Storm Cat Energy (USA)
disclosed total assets at $931,740 and total liabilities at $77.57
million.


SUGARMAN'S PLAZA: Taps CPG Interactive as Email Marketer
--------------------------------------------------------
Sugarman's Plaza Limited Partnership seeks authorization from the
U.S. Bankruptcy Court for the Eastern District of New York to
employ CPG Interactive as direct email marketer.

The Debtor requires CPG to:

   (a) prepare a template and layout for the proposed email
       marketing program;

   (b) provide proofs for the Debtor's approval;

   (c) select 18 available databases for distribution of the
       marketing materials; and

   (d) send the email marketing materials to CPG's clients.

The services to be rendered by CPG will be charged at the following
rates:

   -- Template/Layout: If provided by the Debtor, there will be no

      charge. If prepared by CPG, the cost ranges from $350 - $500

      for an initial one-time set fee.

   -- Email Pricing: 3 email "blast" set: $1,725 ($575 per
      blast).

CPG has not been paid a retainer. However, its standard payment
schedule requires a 50% deposit and payment of the remainder after
the first set of email marketing materials is sent.

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

David Nusim, president of CPG, 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.

CPG can be reached at:

       David Nusim
       CPG INTERACTIVE
       513 West Mt. Pleasant Ave., Suite 120
       Livingston, NJ 07039
       Tel: (973) 740-9326
       Fax: (973) 740-9328
       E-mail: dnusim@cpginteractive.com

                     About Sugarman's Plaza

Sugarman's Plaza Limited Partnership sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No.
16-42496) on June 7, 2016.  The petition was signed by Chaim
Laufer, general partner of TSC Associates.  The case is assigned to
Judge Elizabeth S. Stong.  At the time of the filing, the Debtor
estimated its assets and liabilities at $1 million to $10 million.


SUNEDISON INC: Yieldcos Exploring Strategic Options, Including Sale
-------------------------------------------------------------------
The American Bankruptcy Institute, citing Reuters, reported that
TerraForm Global Inc (GLBL.O) and TerraForm Power Inc (TERP.O), the
"yieldcos" of bankrupt solar company SunEdison Inc, said they were
exploring strategic alternatives, including a sale of their entire
business.

According to the report, the two companies said they are also
considering replacing SunEdison with a new sponsor, by negotiating
new sponsorship arrangements or by assuming SunEdison's existing
sponsorship agreements.

Some of the strategic alternatives for TerraForm Global and
TerraForm Power may require stockholder approval, while some may
require approval of the U.S. Bankruptcy Court for the Southern
District of New York, the companies said, the report related.

                    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.


TAKATA CORP: Bidders Said to Mull Bankruptcy Option
---------------------------------------------------
Craig Trudell and Masatsugu Horie, writing for Bloomberg News,
reported on Sept. 20 that Takata Corp. shares fell 12 percent in
Tokyo trading as bidders for the air-bag maker were said to
consider the possibility of some form of bankruptcy proceedings for
the Japanese company behind the auto industry's biggest ever safety
recall.

According to the report, the shares posted their biggest decline
since March 30 to 374 yen on Sept. 20.  The drop was the biggest on
the benchmark Topix index and reduced the company's market value to
31.1 billion yen ($305 million), the report related.

Bidders for Tokyo-based Takata have been asked to submit their
proposals by early this week, and suitors include Carlyle Group LP,
which is working with Chinese-owned air-bag manufacturer Key Safety
Systems Inc.; Daicel Corp., a Japanese manufacturer of air-bag
inflators that's jointly bidding with Bain Capital; and KKR & Co.,
the report further related, citing people familiar with the matter.
Some of the bidders are considering the possibility of bankruptcy
proceedings for Takata as an option to mitigate liabilities, the
people said, asking not to be identified because the deliberations
are confidential, the report said.

The company aims to shortlist two to three candidates by October,
said the people, who asked not to be identified because the
information is confidential, the report added.

Pursuing bankruptcy could result in very low repayment to debt
holders, Nobuhiko Anbiru, a senior credit analyst at Mitsubishi UFJ
Morgan Stanley, said, Bloomberg cited.  While bondholders have been
repaid about 10 percent in recent bankruptcy cases in Japan,
Takata's car-making customers and sponsors may agree to support
Takata and the notes could be redeemed at maturity, the report
further cited Mr. Anbiru.

                      About Takata Corp.

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/--develops, manufactures and sells  
safety products for automobiles.  The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts. The Company
has subsidiaries located in Japan, the United States, Brazil,
Germany, Thailand, Philippines, Romania, Singapore, Korea, China
and other countries.


TERRY WILLIAMS: Disclosure Statement Hearing on Oct. 27
-------------------------------------------------------
The Hon. David E. Rice in Baltimore, Maryland, held that the
hearing to consider the approval of the Disclosure Statement
explaining the Chapter 11 Plan of Terry Williams and Christopher
Williams Sr. will be held on Oct. 27, 2016 at 11:00 a.m. at
Courtroom 9D of the U.S. Bankruptcy Court, U.S. Courthouse, 101
West Lombard Street, Baltimore, Maryland 21201.

A Disclosure Statement and a Plan under Chapter 11 of the
Bankruptcy Code were filed by the Debtors on Sept. 6, 2016.

Judge Rice said Oct. 12, 2016, is fixed as the last day for filing
and serving in accordance with Federal Bankruptcy Rule 3017(a)
written objections to the Disclosure Statement.  

As reported by the Troubled Company Reporter on Sept. 13, 2016,
Terry Williams and Christopher Williams, Sr., filed with the U.S.
Bankruptcy Court for the District of Maryland a disclosure
statement dated Sept. 5, 2016, a full-text copy of which is
available at http://bankrupt.com/misc/15-10973-306.pdf

General unsecured creditors will receive a distribution of 15% of
their allowed claims, to be distributed each month in the amount
of
$73.49 for an aggregate amount of $4,409 over 60 months
beginning on the effective date.

Payments and distributions under the Plan will be funded by their
salary from their employment by Anne Arundel County Public Schools
and their retirement income, which total $13,739 a month.  The
Debtors have also surrendered a vehicle, which will increase their
disposable income by approximately $553.  In addition, the secured
debt of the loan on the vehicle will then become a reduced
unsecured debt after the vehicle is sold and paid as an unsecured
debt through the plan.  Further, the Debtor has remained current
on
the mortgage since the Petition Date.  While paying the
prepetition
arrears, the Debtors will continue to seek a loan modification,
which would remove the prepetition arrears from the plan but if a
loan modification is not reached, the Debtors will pay $1,522 a
month for 60 months toward the arrears, which is feasible.

Terry Williams and Christopher Williams, Sr., filed a Chapter 11
petition (Bankr. D. Md. Case No. 16-11099) on Feb. 1, 2016.

The Debtors are represented by Diana Klein, Esq., at Klein &
Associates, LLC.


TESLA MOTORS: A 'Walking Insolvency' if Merged With SolarCity
-------------------------------------------------------------
Simone Foxman at Bloomberg News reports that short-seller
Jim Chanos said an announced $2.6 billion merger with SolarCity
Corp. will make Tesla Motors Inc. a "walking insolvency."

"The synergies are questionable at best," Bloomberg quotes
Mr. Chanos, who founded hedge fund firm Kynikos Associates, as
saying at the CNBC Institutional Investor Delivering Alpha
Conference on Sept. 13 in New York. He estimated that the combined
company, which will depend on access to the capital market, could
have a cash burn of roughly $1 billion per quarter, Bloomberg
relates.

In May, Mr. Chanos told CNBC that he was betting against the stocks
of both companies, Bloomberg recalls. He is best known for
predicting the collapse of Enron Corp. in 2001.

Palo Alto, California-based Tesla Motors, Inc. designs, develops,
manufactures, and sells high-performance fully electric vehicles
and energy storage products.   Tesla is currently producing and
selling its Model S sedan and Model X sport utility vehicle.

As reported in the Troubled Company Reporter on Aug. 3, 2016, S&P
Global Ratings said that it has placed all of its unsolicited
ratings on Tesla Motors Inc., including S&P's 'B-' corporate credit
rating, on CreditWatch with negative implications.

"The CreditWatch placement follows Tesla's announcement that it has
agreed to merge with SolarCity in an all-stock transaction, which
we expect will meaningful increase the combined entity's debt
leverage," said S&P Global credit analyst Nishit Madlani.

S&P will monitor developments related to the announced transaction
and plan to resolve the CreditWatch placement following S&P's
review of the sustainability of the company's capital structure in
conjunction with its long-term business plan, financial policies,
liquidity needs, and access to capital.



TIDEWATER INC: Gets Extension on Covenant Waivers Until Oct. 21
---------------------------------------------------------------
As previously reported, Tidewater Inc. has been in discussions with
its principal lenders and noteholders to amend the company's
various debt arrangements with regard to certain covenant
noncompliance, having previously received limited waivers from the
necessary lenders and noteholders which waived the covenant
noncompliance until September 18, 2016.  The company has now
received extensions of those limited waivers of covenant
noncompliance until October 21, 2016.

Consistent with disclosures included in the company's recently
filed Form 10-Q, the company believes that the ongoing discussions
with its lenders and noteholders have been constructive and
progress is being made towards resolving the principal open issues.
However, work remains to be done, and no assurance is given that
the various parties will reach agreement on amendments to the
various loan agreements and notes.

Headquartered in New Orleans, Louisiana, Tidewater is a provider of
Offshore Service Vessels (OSVs) to the global energy industry.


TOBITHA BRYANT: Hearing on Plan Outline Set For Oct. 12
-------------------------------------------------------
The Hon. Paul M. Glenn of the U.S. Bankruptcy Court for the Middle
District of Florida has scheduled for Oct. 12, 2016, at 1:30 p.m.,
as hearing to consider the adequacy of Tobitha Bryant Yeomans'
disclosure statement, which describes the Debtor's plan of
reorganization.

Any objection to the proposed Disclosure Statement must be filed
and served seven days before the hearing.

Tobitha Bryant Yeomans filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Fla. Case No. 16-01379) on April 13, 2016.  Taylor J
King, Esq., at the Law Offices of Mickler & Mickler serves as the
Debtor's bankruptcy counsel.


TOWERSTREAM CORP: Ex-Cogent CRO to Assume Consulting Role
---------------------------------------------------------
Towerstream Corporation announced Ernie Ortega will be expanding
his role with the company.  Ernie will assist the company as a
consultant focusing on Towerstream's sales and marketing strategy.
Ernie is formerly CRO at Cogent Communications and most recently
CRO at Colt and presently is an advisor to Towerstream.  He will
work in the Company's Middletown, RI corporate offices where he
will work closely with Towerstream's sales and marketing teams.

"Ernie has delivered to both Cogent and Colt meaningful and steady
sales increases," stated Philip Urso, interim chief executive
officer.  "He sees the opportunity for increased penetration using
our massive Fixed-Wireless network above major cities in the US."

"I have been following Fixed-Wireless closely.  It is clear that it
has reached parity with fiber, and is superior to fiber in cost and
speed to install.  I am excited about the possibilities," stated
Mr. Ortega.  "I see incredible potential to penetrate existing
markets and grow the company's revenue rapidly with a speed and
cost fiber just cannot match."

                  About Towerstream Corporation

Towerstream Corporation (NASDAQ:TWER) is a leading Fixed-Wireless
Fiber Alternative company delivering high-speed Internet access to
businesses.  The Company offers broadband services in 12 urban
markets including New York City, Boston, Los Angeles, Chicago,
Philadelphia, the San Francisco Bay area, Miami, Seattle,
Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater
Providence area.

As of June 30, 2016, Towerstream had $36.47 million in total
assets, $42.95 million in total liabilities and a total
stockholders' deficit of $6.47 million.

The Company reported a net loss of $40.48 million in 2015, a net
loss of $27.59 million in 2014 and a net loss of $24.77 million in
2013.


TPP ACQUISITION: Court OKs $2.75 Mil. Interim DIP Loan, Cash Use
----------------------------------------------------------------
Judge Harlin DeWayne Hale of the U.S. Bankruptcy Court for the
Northern District of Texas authorized TPP Acquisition, Inc., dba
The Picture People to borrow an amount up to $2.75 million under a
Debtor-In-Possession Facility from the DIP Lenders and
Administrative Agent Monroe Capital Management Advisors LLC, on an
interim basis.

Judge Hale also authorized the Debtor to use Cash Collateral and to
use the advances under the DIP Facility during the Interim Period.

The Debtor is liable to the Prepetition Lenders, Monroe Capital
Management Advisors LLC and Monroe Capital Corporation, on account
of "Revolving Loans" and "Term Loans" in the approximate aggregate
principal amount of $41.2 million as of the Petition Date, secured
with continuing security interests and liens upon substantially all
of the Debtor's property.


The relevant terms of the DIP financing, among others, are:

     (a) DIP Facility: Up to $46 million in post-petition
financing

     (b) Use of DIP Facility Proceeds:

          (i) to pay fees, costs, and expenses as provided in the
DIP Financing Agreements, including amounts incurred in connection
with the preparation, negotiation, execution, and delivery of the
DIP Credit Agreement and the other DIP Financing Agreements;

          (ii) for general operating and working capital purposes,
for the payment of transaction expenses, for the payment of fees,
expenses, and costs incurred in connection with the Chapter 11
Case, and other proper corporate purposes of the Debtor not
otherwise prohibited by the terms hereof for working capital, and
other lawful corporate purposes of the Debtor;

          (iii) for making payments in respect of Adequate
Protection and other payments as provided in the Interim Order;

          (iv) to fund the Prepetition Indemnity Account;

          (v) upon entry of a Final Order, for the payment of the
Final Roll-Up; and

          (vi) to fund the Carve Out Account.

     (c) DIP Liens:  The DIP Agent is granted DIP Liens, for the
ratable benefit of the DIP Lenders, which constitute priming, first
priority, continuing, valid, binding, enforceable, non-avoidable,
and automatically perfected post-petition security interests and
liens senior and superior in priority to all other secured and
unsecured creditors of the Debtor's estate.

Judge Hale granted Prepetition Agent Monroe Capital Management
Advisors LLC, and the Prepetition Lenders, adequate protection
liens, a superpriority claim, and adequate protection payments of
all accrued and unpaid interest at the default rate plus
reimbursement, on a current basis, for all reasonable and
documented out-of-pocket costs and expenses of the financial
advisors and outside attorneys engaged by the parties.

The Debtor was directed to make Adequate Protection Payments
through:

     (a) Payment to the Prepetition Agent and the Prepetition
Lenders of all accrued and unpaid interest at the default rate set
forth in the Prepetition Credit Agreement until the repayment in
full of the obligations under the Prepetition Credit Agreement,
including pursuant to the Final Roll-Up.

     (b) Reimbursement, on a current basis, to the Prepetition
Agent and the Prepetition Lenders for all reasonable and documented
out-of-pocket costs and expenses of the financial advisors and
outside attorneys engaged by such parties, solely to the extent
permitted under the Prepetition Credit Agreement.

All DIP Obligations are due and payable on the date that is the
earliest to occur of any of the following events:

      (a) December 31, 2016;

      (b) the closing of a sale of all or substantially all of the
assets of the Debtor pursuant to the provisions of section 363 of
the Bankruptcy Code; or

      (c) the effective date of any chapter 11 plan of
reorganization/liquidation for the Debtor.

The Final Hearing on the Debtor's Motion will be held on Sept. 26,
2016, at 1:30 p.m..  The deadline for the filing of objections to
the Debtor's Motion is set on Sept. 22.

A full-text copy of the Interim DIP Order, dated September 8, 2016,
is available at https://is.gd/QHM24E


                           About TPP Acquisition, Inc.,
                              dba The Picture People

TPP Acquisition, Inc. dba The Picture People filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 16-33437-hdh-11) on Sept. 2,
2016.  The Debtor is represented by Robert D. Albergotti, Esq., Ian
T. Peck, Esq., and Jarom J. Yates, Esq., at Haynes and Boone, LLP.
The petition was signed by Stuart Noyes, chief restructuring
officer.  The case is assigned to Judge Harlin DeWayne Hale.  At
the time of filing, the Debtor estimated assets at $10 million to
$50 million and liabilities at $50 million to $100 million.

The Debtor's Restructuring Advisor is Winter Harbor LLC; the
Debtor's Investment Banker is SSG Advisors, LLC; and its Claims &
Noticing Agent is Kurtzman Carson Consultants LLC.

U.S. Trustee William T. Neary on Sept. 13 appointed nine creditors
to serve on the official committee of unsecured creditors of TPP
Acquisition, Inc.  The committee members are: (1) W. B. Mason
Company, Inc.; (2) Identity Management Consultants, LLC; (3) AAA
Imaging Solutions; (4) Noritsu America Corporation; (5) Urban
Retail Properties, LLC; (6) GGP Limited Partnership; (7) MFA
Contemporary Atelier, Inc. dba Gemline Frame Company; (8) DFM Print
Pak; and (9) Simon Property Group, Inc.


TRAFALGAR POWER: Plan Disclosures Gets Court's Conditional Okay
---------------------------------------------------------------
The Hon. Diane Davis of the U.S. Bankruptcy Court for the Northern
District of New York has granted conditional approval of Trafalgar
Power Inc., et al.'s disclosure statement explaining their plan of
liquidation.

As reported by the Troubled Company Reporter on Aug. 31, 2016, the
Debtors filed with the Court a Chapter 11 plan of liquidation that
proposes to pay in full general unsecured non-insider claims.
Under the liquidating plan, Class 4 general unsecured non-insider
creditors will be paid a 100% dividend, without interest.  Full
payments to Class 4 creditors will be made from Trafalgar's account
within 30 days after the liquidating plan takes effect.  As of July
1, 2016, the balance in the account is approximately $5.1 million.

                      About Trafalgar Power

Trafalgar Power Inc. and its two affiliates sought Chapter 11
protection with the U.S. Bankruptcy Court for the Eastern District
of North Carolina on Aug. 27, 2001.  

Trafalgar is represented by Wendy A. Kinsella, Esq., at Harris
Beach PLLC.

The cases were transferred to the U.S. Bankruptcy Court for the
Northern District of New York by order of the court dated Dec. 13,
2001.  The cases are jointly administered under Case No. 01-67457.


TREND COMPANIES: Can Use First Financial Bank Cash on Interim Basis
-------------------------------------------------------------------
Judge Alan C. Stout of the U.S. Bankruptcy Court for the Western
District of Kentucky authorized The Trend Companies of Kentucky,
Inc. d/b/a The Trend Appliance Company to use First Financial Bank,
N.A.'s cash collateral on an interim basis.

The Debtor is indebted to First Financial Bank pursuant to two
Notes, in the amounts of $63,097 and $116,886.  The obligations are
secured by security interests in essentially all assets of the
Debtor.

First Financial Bank was granted valid, binding, enforceable and
perfected first priority liens, mortgages and security interests,
superior to the liens, mortgages, security interests or other
interests or rights of all other creditors of the Debtor's estate
on property owned or leased by the Debtor, in and upon all of the
pre-petition collateral and all proceeds thereof, and all of the
Debtor's property and assets acquired by the Debtor on or after the
Petition Date.  

First Financial Bank was likewise granted an adequate protection
claim against the Debtor's estate, which is secured by a
replacement lien in and upon the pre-petition collateral and all
post-petition proceeds of the pre-petition collateral, and the
post-petition collateral and all proceeds thereof to the same
extent, validity and priority as its pre-petition security
interest.

The Debtor was directed to make monthly adequate protection
payments to First Financial Bank in the amount of $200 for the
first Note, and $600 for the second Note, beginning on April 15,
2016.

The Debtor was authorized to pay its counsel and accountant for any
Court-approved fees and expenses, in an amount not to exceed
$35,000.

A final hearing on the Debtor's use of cash collateral is scheduled
on September 27, 2016.

A full-text copy of the Fourth Interim Order, dated September 8,
2016, is available at https://is.gd/a0D3Qa


                 About The Trend Companies of Kentucky, Inc.
                     d/b/a The Trend Appliance Company

The Trend Companies of Kentucky, Inc., filed a Chapter 11 petition
(Bankr. W.D. Ky. Case No.16-30258), on Feb. 3, 2016.  The petition
was signed by Joseph Dumstorf, president.  The case is assigned to
Judge Alan C. Stout.  The Debtor is represented by Neil Charles
Bordy, Esq., at Seiller Waterman LLC.  At the time of filing, the
Debtor estimated assets at $500,000 to $1 million and liabilities
at $1 million to $10 million.


TRINITY TEMPLE: Wants to Use Greenwich Investors Cash Collateral
----------------------------------------------------------------
The Trinity Temple Church of God in Christ, Inc., asks the U.S.
Bankruptcy Court for the District of Connecticut for authorization
to use cash collateral.

The Evangelical Christian Credit Union held a mortgage over the
Debtor's property located at 275 Dixwell Avenue, New Haven,
Connecticut.  The mortgage was later sold to Greenwich Investors
Trust XLV 2013-1, an affiliate of Secured Creditor Greenwich
Investors XLV REO, LLC.

The Debtor relates that it sought to retain Peachstate Financial
Services, to assist the Debtor in refinancing the debt held by
Greenwich Investors XLV REO.  The Debtor further relates that the
refinancing will take around three to six months.

The Debtor tells the Court that it has previously obtained
appraisals showing that its property is worth in excess of $1
million.  The Debtor further tells the Court that it is very likely
that Greenwich Investors XLV REO is oversecured.

The Debtor proposes to pay Greenwich Investors XLV REO monthly cash
payments of $4,200 as additional adequate protection.  The Debtor
says that this will not only cover any interest accrual, but will
also work to pay down principal.

A full-text copy of the Debtor's Motion, dated Sept. 12, 2016, is
available at https://is.gd/rlgWz4

        About The Trinity Temple Church of God in Christ

The Trinity Temple Church of God in Christ, Inc., filed a chapter
11 petition (Bankr. D. Conn. Case No. 16-30714) on May 5, 2016.
The petition was signed by Charles H. Brewer, III, president.  

The Debtor is represented by Jeffrey M. Sklarz, Esq., at Green &
Sklarz LLC.  The case is assigned to Judge Julie A. Manning.

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


TRIPLE C FLATBED: Can Use Cash Collateral Until Sept. 23
--------------------------------------------------------
Judge Paul Baisier of the U.S. Bankruptcy Court or the Northern
District of Georgia authorized Triple C Flatbed Holdings, LLC, to
use Transportation Alliance Bank Inc.'s cash collateral on an
interim basis, until Sept. 23, 2016.

The Debtor was authorized to use cash collateral for its actual and
necessary operations in amounts provided for in the Approved
Budget.

The approved 2-week Budget, projects total weekly expenditures of
$262,696 for Week 1 and $297,959 for Week 2.

The Debtor was directed to deposit all cash collateral that it
receives in a bank account maintained pursuant to the U.S.
Trustee's DIP account guidelines and requirements.

Transportation Alliance Bank was granted replacement liens with the
same priority as its prepetition liens.

A full-text copy of the Fifth Order, entered on Sept. 12, 2016, is
available at https://is.gd/Gbz7cL


                         About Triple C Flatbed Holdings

Triple C Flatbed Holdings, filed a chapter 11 petition (Bankr. N.D.
Ga. Case No. 16-58984) on May 24, 2016.  The petition was signed by
Terry Comer, managing member.  The Debtor is represented by Michael
D. Robl, Esq., at The Spears & Robl Law Firm, LLC.  Judge Paul
Baisier presides over the case.  The Debtor disclosed total assets
of $2.28 million and total debts of $2.72 million.


TRIUMPH GROUP: Moody's Puts Ba2 CFR on Review for Downgrade
-----------------------------------------------------------
Moody's Investors Service placed all ratings of Triumph Group, Inc.
"Triumph" on review for downgrade, including the Ba2 CFR and the
Ba3 senior unsecured ratings.  Moody's also lowered the Speculative
Grade Liquidity rating to SGL-3 from SGL-2.  The review is expected
to be concluded within the next month and could entail up to a
two-notch downgrade to the ratings.

                        RATINGS RATIONALE

The review follows continued top line and earnings pressures and an
across-the-board weakening of Triumph's credit metrics, and a
softening liquidity profile.  Moreover, there are challenges around
the company's portfolio of platforms, which is negatively impacted
by declining production rates on key programs and could result in
weakening financial trends for some time.

The review will consider Triumph's ability to stabilize and grow
organic-based revenues in the face of an elevated cost structure,
the company's prospects for improvements in profitability and
operational efficiency through its significant restructuring
efforts and the degree to which more robust cash flows and an
enhanced liquidity profile can be maintained.  The review will also
consider the cash flow and leverage impact of divestitures, and the
risk of further impairments or forward loss charges to key
platforms.

Moody's took these rating actions on Triumph Group, Inc.:

  Corporate Family Rating of Ba2, placed under review for
   downgrade
  Probability of Default Rating of Ba2-PD, placed under review for

   downgrade
  $375 million senior unsecured notes due 2021 of Ba3 (LGD5),
   placed under review for downgrade
  $300 million senior unsecured notes due 2022 of Ba3 (LGD5),
   placed under review for downgrade
  Speculative Grade Liquidity Rating, Downgraded to SGL-3 from
   SGL-2

Outlook, Changed To Rating Under Review From Negative
Triumph designs, engineers, manufactures, repairs, overhauls and
distributes a broad portfolio of aero-structures, aircraft
components, accessories, subassemblies and systems.  The company
serves commercial aerospace (57% of sales), military (23%),
business jet (17%) and regional and other markets (3%).  Revenues
were approximately $3.8 billion for the twelve months ended
June 30, 2016.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.



TROCOM CONSTRUCTION: Oct. 19 Liquidation Plan Confirmation Hearing
------------------------------------------------------------------
Judge Nancy Hershey Lord of the U.S. Bankruptcy Court for the
Eastern District of New York approved the second amended disclosure
statement explaining Trocom Construction Corp.'s Chapter 11 plan of
liquidation and scheduled a hearing on confirmation of the Plan for
October 19, 2016, at 2:00 p.m.

To be counted as a vote to accept or reject the Plan, each Ballot
must be properly executed, completed, and delivered to the
Balloting Agent so that it is actually received by the Balloting
Agent no later than October 5, 2016 at 5:00 p.m. (EST).

Any objections must be filed so as to be received no later than
October 5.  The deadline for filing and service of replies or an
omnibus reply to any objections to confirmation to the Plan is Oct.
14.

The Troubled Company Reporter previously reported that under the
Amended Plan, holders of allowed Class 6 General Unsecured Claims
will neither receive nor retain any property on account of the
general unsecured claim under the Plan; provided, however, that in
the event all allowed claims in Classes 1 through 5 have been
satisfied in full, the Plan or as otherwise agreed to by a holder
of any allowed claim in Classes 1 through 5.  In exchange for full
and final satisfaction, settlement, release of allowed general
unsecured claims, holders of allowed general unsecured claims will
be paid any distributions.  General unsecured claims in the amount
of $191,375,975 have been filed or scheduled, which the Debtor
believes will only amount to $1,509,126 as a result of claim
objections.

From and after Confirmation, the Debtor will continue in business
for the purposes of completing the ongoing construction projects.
If work on any of the Ongoing Construction Projects is not
substantially completed by Nov. 30, 2016, at the option of Liberty
Mutual the Debtor will either assign its contract for the project
to a contractor of Liberty Mutual's choosing with the consent of
the project owner, or advise the project owner that it is in
default of its contract and seek to terminate the contract.
Substantial completion will be determined by Liberty Mutual in its
sole and absolute discretion and shall not require a formal
determination of substantial completion by the project owner.  

In the event that the project owner has determined that the project
is substantially complete, the determination will be binding on
Liberty Mutual.  The Debtor will have the option to relet any or
all of the ongoing construction projects to Liberty Mutual, or
Liberty Mutual's designee with the consent of Liberty Mutual,
earlier than Nov. 30, 2016, if it is in its financial best interest
to do so.  

The proceeds of the ongoing construction projects, together with
monies owed to the Debtor on the completed construction projects
and the net proceeds of the short term claims and the long term
claims, will be used to make the distributions required under the
Plan by a plan administrator.  Upon completion of the ongoing
construction projects, the Plan Administrator will retain an
auctioneer to sell the equipment and vehicles are sold by the Plan
Administrator, the proceeds of which will also be used to make the
plan distributions.  The Debtor believes that the market value of
its equipment and vehicles amounts to approximately $1,200,000.
Any equipment or vehicles not liquidated by the Plan Administrator
will be abandoned to the Debtor.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/nyeb15-42145-289.pdf

                  About Trocom Construction Corp.

Trocom Construction Corp. was formed in 1969 by Salvatore Trovato.
The Company is in the heavy construction business.  Its primary
customer is the City of New York through its various agencies.  The
Company has 75 employees, the majority of whom are members of
various unions.  Joseph Trovato is presently the president and
holder of 100% of the voting shares of Trocom.

Trocom filed a Chapter 11 petition (Bankr. E.D.N.Y. Case No.
15-42145) on May 7, 2015, in Brooklyn.  The petition was signed by
Joseph Trovato.  Judge Nancy Hershey Lord presides over the case.
The Debtor is represented by C. Nathan Dee, Esq., at Cullen &
Dykman, LLP.

The Debtor estimated total assets of $32,462,383 and total
liabilities of $17,184,837 as of the Chapter 11 filing.


UCI INTERNATIONAL: Plan Proposes Unknown Recovery for Unsecureds
----------------------------------------------------------------
UCI International, LLC, et al., filed with the U.S. Bankruptcy
Court for the District of Delaware a disclosure statement for the
joint plan of reorganization, which contemplates (i) a
restructuring of the Debtors through a debt-for-equity conversion
of the Debtors' outstanding senior unsecured notes, (ii) the
establishment of a litigation trust for the benefit of holders of
senior notes claims and General Unsecured Claims that will be
vested with all rights of the Debtors, their estates, and
non-debtor wholly-owned or controlled subsidiaries to commence and
pursue the preserved causes of action, (iii) the new first lien
exit facility, and (iv) if necessary, at the Debtors' election, a
second lien rights offering facility or new second lien exit
facility.

Under the Plan, (1) all existing equity interests in UCI Holdings
will be extinguished and cancelled, (2) the Holders of Prepetition
ABL Credit Facility Claims will have their claims restructured at
the Debtors’ sole discretion (subject to the Rank Contribution
Election), (3) 95% of the New Common Stock of Reorganized UCI (with
the remaining 5% reserved for the Management Equity Incentive Plan)
and 100% of the Litigation Trust Units will be distributed to (a)
the Holders of Senior Notes Claims in exchange for the cancellation
of their prepetition indebtedness, (b) Holders of General Unsecured
Claims; and (c) if there is a Rights Offering, parties
participating in the Rights Offering (in the form of New Warrants);
and (4) a Litigation Trust will be established.

Under the Plan, Class E General Unsecured Claims are impaired.
Each Holder of an allowed General Unsecured Claim will have the
option of receiving (a) its GUC pro rata allocation of new common
stock and its litigation pro rata allocation of litigation trust
units or (b) if the holder's allowed General Unsecured Claim is (1)
equal to or less than $1 million or (2) the holder elects on its
ballot reduce the holder's Allowed General Unsecured Claim to $1
million a cash payment.  Holders of Allowed General Unsecured
Claims that receive new common stock will also be entitled to
participate in the rights offering.

The Debtors will, at their election, either consummate the Rights
Offering, the new second lien exit facility, or expand the size of
the new first lien credit facility in each case in accordance with
the terms of the Plan.  The Reorganized Debtors will fund
distributions and satisfy applicable allowed claims under the Plan
with Cash on hand, including cash from operations, cash provided
pursuant to the new first lien credit facility, and cash, if any,
obtained from the rights offering, the new second lien exit
facility, and the rank contribution election.

On the Effective Date, the Reorganized Debtors will be authorized
to enter into the new first lien credit agreement, which provides
for a term loan facility in an aggregate principal amount of up to
$100 million (unless the Debtors determine not to commence the
rights offering or obtain the new second lien exit facility, in
which case the new first lien exit facility will be in the
aggregate principal amount of up to $140 million), as well as any
notes, documents or agreements delivered in connection therewith,
including, without limitation, any documents required in connection
with the creation or perfection of liens in connection therewith.
The new first lien lenders will have valid, binding and enforceable
liens on the collateral specified in the new first lien credit
agreement.  The guarantees, mortgages, pledges, liens and other
security interests granted pursuant to the new first lien credit
facility agreement are granted in good faith as an inducement to
the new first lien lenders to extend credit thereunder and will be
deemed not to constitute a fraudulent conveyance or fraudulent
transfer, will not otherwise be subject to avoidance, and the
priorities of the liens and security interests will be as set forth
in the new first lien credit facility agreement.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/deb16-11354-468.pdf

                    About UCI International

UCI International, LLC, headquartered in Lake Forest, IL, designs,
manufactures, and distributes vehicle replacement parts, including
a broad range of filtration, fuel delivery systems, and cooling
systems products in the automotive, trucking, marine, mining,
construction, agricultural, and industrial vehicles markets.

UCI and its affiliates sought Chapter 11 protection (Bankr. D. Del.
Lead Case No. 16-11355) on June 1, 2016.  The Debtors are
represented by lawyers at Sidley Austin LLP.  Alvarez & Marsal
provides the company with financial advice and Moelis & Company LLC
is the Debtors' investment banker.  Garden City Group serves as the
Debtors' Claims Agent.  Wilmington Trust is the Indenture Trustee
for a $400-million issue of 8.625% Senior Notes Due 2019.

The United States Trustee appointed an Official Committee of
Unsecured Creditors, which has retained Morrison & Foerster LLP as
proposed counsel, and Cole Schotz PC as Delaware co-counsel.  Zolfo
Cooper LLC has been retained as bankruptcy consultant and financial
advisor for the Committee.


URBANCORP TORONTO: Claims Bar Date Slated for October 21
--------------------------------------------------------
The Ontario Superior Court of Justice (Commercial List) set Oct.
21, 2016, at 5:00 p.m. (Toronto Time) as deadline of persons to
file proofs of claim against Urbancorp Toronto Management Inc. et
al., at:

   KSV Kofman Inc.
   Monitor of Urbancorp Toronto Management Inc. et al
   150 King Street West, Suite 2308
   Toronto, ON M5H 1J9
   Attention: Noah Goldstein
   Email: ngoldstein@ksvadvisory.com
   Fax: 416-932-6266

A copy of the claims procedure order is available at the monitor's
website at
http://www.ksvadvisory.com/insolvency-cases/urbancorp-group,by
contacting the monitor by telephone at 16-932-6207.

Urbancorp Inc. -- http://www.urbancorp.com-- is real estate
developer in Canada.



UTSA APARTMENTS 8: Selling Bexar County Apartment Complex for $33M
------------------------------------------------------------------
UTSA Apartments 8, LLC, and affiliates ask the U.S. Bankruptcy
Court for the Western District Texas to authorize the sale of its
interest in Reserve, a student housing apartment complex located on
the northwest corner of Babcock and Hausman Roads in San Antonio,
Bexar County, Texas, to Vesper Acquisition, LLC, for $33,000,000.

The Debtors are 19 Delaware limited liability companies, who are
tenants in common ("TICs") in the ownership of the Reserve.  The
TICs acquired their interests from UTSA Apartments, LLC ("UTSA
Apartments"), a Delaware limited liability company whose sole
member is Harold Rosenblum. Mr. Rosenblum is also the sole member
of Woodlark UTSA Apartments, LLC, who has managed the Reserve since
its inception. The TICs paid $15,000,000 for their interests.

At the time the TICs purchased their interests, the real property
secured the payment of a $33,000,000 Deed of Trust Note dated March
5, 2008.  The original holder, John Hancock Life Insurance Company,
transferred the Note to FST Reserve, LLC on Aug. 19, 2011.

The Debtors filed bankruptcy because Woodlark was (i) demanding
cash calls from the TICs, which the TIC's believed were not
warranted, and (ii) demanding that, if the TICs did not pay such
cash calls, the TICs convey their ownership interests to UTSA
Apartments, Woodlark's affiliate.

Subject to Court approval, the Debtors signed a Agreement of
Purchase and Sale ("PSA"), dated June 12, 2016, to sell 100% of the
TIC interests in the property to Vesper Acquisition, LLC for $33
million. Except for UTSA Apartments, which represents 21% of the
ownership, all of the TIC owners, representing 79% of the
ownership, have joined in the PSA.

As soon as possible before the hearing on the Motion, the Debtors
will file the updated PSA. UTSA Apartments, an affiliate of
Woodlark and Rosenblum, acquired almost all of its 21% interest
when various TIC owners surrendered their interests when faced with
the threat of litigation.

A copy of the PSA attached to the Motion is available for free at:

      http://bankrupt.com/misc/UTSA_Apartments_208_Sales.pdf

The salient terms of the PSA are:

   a. Purchased Asset: Business, real property, land, improvements,
personal property and intangible property

   b. Purchase Price: $33,000,000

   c. Deposit: $330,000

   d. Terms: "as is," free and clear of all liens, claims, and
encumbrances

   e. Closing Date: Within 75 days of the effective date of the
agreement

The sale proceeds will be distributed according to the priority
scheme of the Bankruptcy Code. The proposed purchase price will net
Debtors a sufficient amount of funds with which to pay the FST
secured debt and any outstanding ad valorem taxes attributable to
the property.  Further, there will be proceeds remaining to pay all
administrative claims and unsecured claims.  Moreover, there will
be proceeds left over to distribute to the TIC Debtors.  Under the
circumstances, the proposed transaction presents the highest
recovery for the assets to be sold.

The Debtors do not believe that any further marketing of the
property is necessary or warranted since the Debtors believe that
the proposed sale to Vesper will generate for the benefit of the
bankruptcy estate the most amount of cash in the shortest amount of
time.

To preserve the value of the property and limit the costs of
administering and preserving the asset, it is critical that the
Debtors close the sale of the property as soon as possible.
Accordingly, the Debtors request that the Court waive the 14-day
stay periods under Bankruptcy Rule 6004(g) or in the alternative,
if an objection to the sale is filed, reduce the stay period to the
minimum time needed by the objecting party to file its appeal to
allow the sale to close.

The Purchaser:

          Isaac J. Sitt
          VESPER ACQUISITION, LLC
          20 East 46th St., Suite 1200
          New York, NY 10017
          Facsimile: (260) 454-4000

The Purchaser is represented by:

          Morris Missry, Esq.
          Avram E. Posner, Esq.
          WACHTEL MISSRY LLP
          885 Second Avenue
          New York, NY 10017
          Facsimile: (212) 909-9464

                    About UTSA Apartments 8

UTSA Apartments 8, LLC, et al., are tenants in common ("TIC's"),
each holding fractional interests in The Reserve at UTSA.  The
Reserve is a student apartment complex serving the University of
Texas at San Antonio and located in Northwestern quadrant of San
Antonio.

UTSA Apartments 8, LLC, et al., sought Chapter 11 protection
(Bankr. W.D. Tex. Lead Case No. 15-52941) on Dec. 2, 2015.  

The TIC's who have filed for protection under chapter 11 of the
Bankruptcy Code, have an ongoing dispute with Woodlark UTSA
Apartments, LLC which is the largest of the TIC's and holds
approximately 21% of the ownership of the Reserve.  Woodlark was
the original promotor and is currently responsible for the
management of the apartment complex.

The Debtors are represented by Allen M. DeBard, Esq., at Langley &
Banack, Inc.


VANGUARD HEALTHCARE: Wants To Continue Using Cash Until Dec. 31
---------------------------------------------------------------
Vanguard Healthcare, LLC, and its affiliated debtors ask the U.S.
Bankruptcy Court for the Middle District of Tennessee for
authorization to continue using cash collateral until Dec. 31,
2016.

The Debtors relate that currently, all cash collateral is being
collected in the Debtors' consolidated account at Pinnacle Bank,
pursuant to the terms of the Court's Cash Collateral Order.

The Debtors tell the Court that while they are not in default under
the Cash Collateral Order, if the Debtors are unable to obtain
Healthcare Financial Solutions, LLC's approval of a proposed plan
of reorganization on or before September 30, 2016, a Terminating
Event will occur.

The Debtor's proposed initial Budget covers a 13-week period,
beginning Oct. 1, 2016.  

The Debtor proposes to include a payment of no more that $500,000
per calendar month for the payment of the fees and costs of the
Official Committee of Unsecured Creditor's professionals and the
Debtor's bankruptcy and special counsel.

The Debtors propose to make monthly payments in the amount of
$560,000 to Agent Capital One Bank, for the benefit of Lenders, to
be applied against their Revolving Loan Obligations and/or Term
Loan Obligations.  The Debtors further propose to grant Capital One
Bank, on behalf of Lenders replacement liens in all of the Debtors'
post-petition assets, among others.

The use of cash collateral will be subject to a carve-out
consisting of allowed professional fees and disbursements incurred
by professionals retained by the Official Committee of Unsecured
Creditors and the Debtors' bankruptcy and special counsel, in an
aggregate amount not to exceed $200,000.

A full-text copy of the Debtor's Motion, dated Sept. 12, 2016, is
available at https://is.gd/vpJG35

A full-text copy of the Debtor's proposed Order, dated Sept. 12,
2016 is available at https://is.gd/ueuiHR

                    About Vanguard Healthcare

Vanguard is a long-term care provider headquartered in Brentwood,
Tennessee, providing rehabilitation and skilled nursing services at
14 facilities in four states (Florida, Mississippi, Tennessee and
West Virginia).

Vanguard Healthcare, LLC and 17 of its subsidiaries each filed a
Chapter 11 bankruptcy petition (Bankr. M.D Tenn. Lead Case No.
16-03296) on May 6, 2016.  The petitions were signed by William D.
Orand, the CEO.  Vanguard estimated assets in the range of $100
million to $500 million and liabilities of up to $100 million.

The Debtors have hired Bradley Arant Boult Cummings LLP as counsel
and BMC Group as noticing agent.

The case is assigned to Judge Randal S. Mashburn.


VICTOR DODA JR: Selling Baltimore Property for $130K
----------------------------------------------------
Victor Paul Doda, Jr., asks the U.S. Bankruptcy Court for the
District of Maryland to authorize the short sale of his residential
rental property known as 1428 E. Fort Avenue, Baltimore, Maryland
("1428 E. Fort Ave. Property"), to Leonard H. Bush and John Roe and
or assigns, for $130,000.

On Sept. 30, 2015, Mr. Doda filed a petition for relief under
Chapter 11 of the U.S. Bankruptcy Code in order to obtain the
automatic stay under Section 362 of the Bankruptcy Code of the
foreclosure sale of the 1428 E. Fort Ave. Property.

Mr. Doda owns 100% of his 1428 E. Fort Avenue Property.  The
original of the Deed has not been recorded in the Land Records of
the Circuit Court for Baltimore City, because Mr. Doda did not have
the funds needed to pay the amount of $696 to the Director of
Finance of the City of Baltimore for the metered water bill for the
1428 E. Fort Avenue Property.  The $696 water bill is owed to the
City for the May 1989 Baltimore City Tax Sale.  The payment of the
$696 water bill is a precondition for the recording of the Deed.
Mr. Doda owed the $696 water bill to the City of Baltimore on Mr.
Doda's Chapter 11 Petition Date.

Mr. Doda signed an Exclusive Right To Sell Brokerage Agreement on
July 21, 2016 and listed the 1428 E. Fort Avenue Property for sale
because the significant decline in Mr. Doda's income precluded Mr.
Doda's continuing to make the monthly mortgage payments to Ocwen
Loan Servicing, LLC, the servicer of U.S. Bank National
Association, as Trustee for Structured Asset Investment Loan Trust
Mortgage Pass-Through Certificates, Series 2005-11 ("U.S. Bank,
N.A."), the secured creditor which is secured by a Deed of Trust
Lien against the 1428 E. Fort Avenue Property.

On July 21, 2016, Mr. Doda, as the contract seller, and Mr. Bush
and Mr. Roe and or assigns, as the contract buyers, entered into a
Residential Contract of Sale ("Contract"), by which Mr. Doda has
contracted to sell and the buyers have contracted to buy the 1428
E. Fort Avenue Property for $130,000.

A copy of the Contract attached to the Motion is available for free
at:

       http://bankrupt.com/misc/Victor_Doda_91_Sales.pdf

In accordance with the provisions of the Contract, the buyers have
paid a good faith deposit of $5,000, which deposit has been placed
in escrow with Cornerstone Real Estate, Inc., the listing brokerage
company, pending the Settlement of the sale of the 1428 E. Fort
Avenue Property, by Kevin M. Anselmi, a licensed Maryland real
estate salesperson with Cornerstone Real Estate, whose employment
by Mr. and Mrs. Doda was approved by the Court's Order entered on
June 20, 2016.

The Contract's payment terms, deposit, and default set forth
provisions regarding the contract buyer's payment of the deposit,
its maintenance in an escrow account, its application in payment of
the purchase price, its total or partial return to the contract
buyer or retention by the seller pursuant to a Release of Deposit
Agreement, and the use of a civil interpleader action or other
Court civil actions for breach by either party of the provisions of
the Contract and to determine which party is entitled to part or
all of the deposit and/or other monetary damages and/or specific
performance of the Contract.

The Contract provides that the buyers will pay the balance of the
purchase price in cash to the settlement officer at the Settlement
of the sale of the 1428 E. Fort Avenue Property.  The Contract
provides that the Settlement will be held on Sept. 19, 2016, or
sooner if agreed in writing by the parties to the Contract.

Mr. Doda is informed and believes that U.S. Bank, N.A., the secured
creditor, asserts a deed of trust lien against the 1428 E. Fort
Avenue Property, which Deed of Trust is recorded in the Land
Records of Baltimore City.  The outstanding balance on the said
Deed of Trust lien, including any outstanding arrears, as of the
date of the filing of the Chapter 11 Petition is approximately
$396,454.

Because the Contract price is less than the indebtedness owed under
the Deed of Trust, the sale of the 1428 E. Fort Avenue Property is
a short sale.  The instant Motion to Sell Property is filed
pursuant to Bankruptcy Code Section 363 (b) and (k), and Section
1129(b)(2)(A)(ii); and, therefore, the secured creditor has the
right to credit-bid on the 1428 E. Fort Avenue Property.

In addition, Mr. Doda is informed and believes that the Director of
Finance of Baltimore City asserts a statutory metered water bill
lien against the 1428 E. Fort Avenue Property in the amount of
$696, which lien also will attach to the proceeds of the sale of
the 1428 E. Fort Avenue Property, and that the Director of Finance
will be paid out of the proceeds of the sale of the 1428 E. Fort
Avenue Property prior to U.S. Bank, N.A., the secured creditor
which holds the Deed of Trust Lien on the 1428 E. Fort Avenue
Property.

Mr. Doda requests that the Court order the settlement officer, who
will implement the Settlement of the purchase of the 1428 E. Fort
Avenue Property, to tender a check, in the amount of the net
proceeds of the sale, directly to Ocwen or to U.S. Bank, N.A., the
secured creditor which holds the deed of trust lien on the 1428 E.
Fort Avenue Property.

Mr. Doda will file a copy of the fully signed Settlement Statement,
which documents the implementation of the settlement of the sale of
the 1428 E. Fort Avenue Property, with the Court within the three
business days immediately following the Settlement Date.

It is in the best interests of Mr. Doda, in the best interests of
the contract buyers, and in the best interests of Ocwen and U.S.
Bank, N.A., the secured creditor which holds the deed of trust lien
on the 1428 E. Fort Avenue Property that the Court grant Mr. Doda's
Motion, and that the sale of the 1428 E. Fort Avenue Property be
brought to Settlement as soon as possible.

Counsel for the Debtor:

          Rudolph E. DeMeo, Esq.
          1449 Light Street
          Baltimore, MD 21230
          Telephone: (443) 465-4337
          Facsimile: (410) 547-1010
          E-mail: redemeo@gmail.com

Victor Paul Doda, Jr., sought Chapter 11 protection (Bankr. D. Md.
Case No. 15-23503) on Sept. 30, 2015.  On Feb. 7, 2016, Anita Idoma
Doda, Mr. Doda's wife, filed a petition for relief under Chapter 13
of the Bankruptcy Code.


VICTOR RODRIGUEZ: Plan Proposes Full-Payment to Creditors
---------------------------------------------------------
Victor Rodriguez and Margarita Rodriguez's Second Disclosure
Statement dated Aug. 31, 2016, a full-text copy of which is
available at:

           http://bankrupt.com/misc/15-11864-79.pdf

propose to pay 100% to general unsecured creditors and secured
creditor Ocwen Loan Servicing.

The Debtors' current property portfolio consists of one property
located at 2470 West Oakey Blvd., in Las Vegas, Nevada, and all
improvements thereto.

Payments to Ocwen will be funded from the Debtors' combined
personal income and rental income derived from the collateral, if
applicable.  Payments to general unsecured creditors will be funded
by the Debtors' disposable monthly income, which is $200 per
month.

A hearing to consider the adequacy of the Disclosure Statement is
scheduled for October 5, 2016, at 1:30 P.M.

Victor Rodriguez, a sheetmetal worker for Yesco, Inc., and
Margarita Rodriguez, a porter for the Palace Station Casino, filed
a Chapter 11 petition (Bankr. D. Nev. Case No. 15-11864) on April
2, 2015.

The Debtors are represented by:

     Steven L. Yarmy, Esq.
     7464 W Sahara Ave, STE 8
     Las Vegas, NV 89117
     Tel: (702) 586-3513
     Fax: (702) 586-3690
     Email: sly@stevenyarmylaw.com


VIVA INVESTMENTS: Court Moves Plan Filing Date to Nov. 21
---------------------------------------------------------
Judge Paul G. Hyman, Jr. the U.S. Bankruptcy Court for the Southern
District of Florida extended by 90 days, Viva Investments Limited
Liability Company's exclusive periods within which to file a plan
and disclosure statement and to solicit acceptances of its plan,
through and including, Nov. 21, 2016 and Jan. 20, 2017,
respectively.

The Troubled Company Reporter on Aug. 26, 2016, said that the
Debtor asked for a 90-day extension from the Court of the Debtor's
exclusivity periods because the Debtor is still negotiating with
its secured creditors, and the negotiations will have a material
effect on the creditors' plan treatment.  In addition, the Debtor
still has two outstanding issues with regard to the Mil Run Court
properties on which SunTrust holds liens, and needs to resolve
these issues before a complete disclosure statement can be filed.

                                About VIVA Investments

Palm Beach Gardens, Florida-based VIVA Investments Limited
Liability Company filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-11753) on Jan. 29, 2015, listing
$1.19 million in total assets and $1.95 million in total
liabilities.  The petition was signed by Sriram Srinivasan,
manager.

Judge Paul G. Hyman, Jr., presides over the case.

Aaron A Wernick, Esq., at Furr & Cohen serves as the Debtor's
bankruptcy counsel.


VIVID SEATS: Moody's Affirms B3 CFR; Outlook Stable
---------------------------------------------------
Moody's Investors Service affirmed Vivid Seats LLC Corporate Family
Rating and Probability of Default Rating at B3 and B3-PD,
respectively.  Moody's also assigned B2 ratings to the proposed
revolver and first lien term loan and a Caa2 rating to the proposed
second lien term loan.  The rating outlook is stable.

The proceeds from the financing will be used to repay existing debt
and to issue a dividend to the owners.  The transaction is credit
negative because it increases debt and leverage to distribute
capital to shareholders within the same year that Vista Equity
Partners Management LLC originally invested in Vivid Seats.
Moody's is nevertheless affirming the CFR because operating
performance is exceeding expectations and the company has good
projected free cash flow and de-leveraging capabilities.  The
ratings on the existing senior secured credit facilities will be
withdrawn upon repayment.

                         RATINGS RATIONALE

The B3 CFR reflects Vivid Seats' concentrated business profile and
small scale relative to larger online ticket sellers with greater
financial resources.  In addition, Vivid Seats operates in an
evolving online ticket exchange industry facing regulatory scrutiny
and the potential that primary ticket issuers (e.g., artists,
sports teams, and venues) may increasingly seek to capture a higher
portion of the secondary market availability or the final ticket
price, which could curb the volume of resale tickets or pressure
industry fees.

The rating is supported by Moody's expectation that Vivid Seats'
initial leverage will be mid 6 times adjusted debt to EBITDA upon
closing (and below 6x by the end of 2017).  While this is a full
turn higher than earlier in the year when Vista made its strategic
investment, Vivid Seats' revenues and profitability during the
current year has well exceeded Moody's expectations at the time of
the initial ratings in February 2016.  Even with the higher debt
balances, Moody's expects Vivid Seats to generate moderate free
cash flow, some of which will be used to pay down debt with the
rest used to invest in organic growth or tuck-in acquisitions.

Moody's also considers into the ratings Vivid Seats' solid market
position in the online secondary ticket market, operating as the
number three player behind, StubHub, owned by eBay, Inc., and
Ticketmaster, owned by Live Nation Entertainment, Inc.  Vivid Seats
benefits from a diverse base of sellers, including season ticket
holders and professional brokers who purchase tickets in bulk from
primary issuers, and then use Vivid Seats' marketplace platform to
resell tickets to consumers.  While Vivid Seats' market share
continues to grow rapidly, its competitors' greater financial
resources, which includes the ability to subsidize pricing with
other lines of business, or the entry of other large e-commerce
providers could pressure pricing or increase marketing costs.

The stable rating outlook reflects Moody's expectation that Vivid
Seats will generate at least mid-single digit annual revenue and
profit growth, decreasing debt-to-EBITDA leverage to the low 5
times by the end of 2018.  Growth should be supported by mid-single
digit growth of the secondary ticketing industry.

The ratings could be upgraded if Vivid Seats continues to gain
market share and grow profitability, concerns over adverse
regulatory actions that could impact the resale of tickets
diminish, and the company sustains free cash flow to debt of over
12%, and debt to EBITDA of about 4 times.  Downward rating pressure
could arise if adjusted debt to EBITDA exceeds 6.5 times for a
sustained period, financial policies become more aggressive to fund
dividend payments or acquisitions, liquidity deteriorates, (e.g.
negative cash flow or decreasing covenant cushion), or adjusted
operating margins decline to below 15%.

Moody's took these rating actions on Vivid Seats LLC:

These ratings were affirmed:

  Corporate Family Rating -- B3
  Probability of Default Rating -- B3-PD

These ratings were assigned:

  Senior Secured Revolving Credit Facility -- B2 (LGD3)
  Senior Secured First Lien Term Loan -- B2 (LGD3)
  Senior Secured Second Lien Term Loan -- Caa2 (LGD5)
  The rating outlook is stable.

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

Vivid Seats is an online marketplace serving the secondary
ticketing industry.


VIVID SEATS: S&P Affirms 'B' CCR on Dividend Recapitalization
-------------------------------------------------------------
S&P Global Ratings said that it affirmed its 'B' corporate credit
rating to Chicago-based secondary ticket marketplace Vivid Seats
LLC.  The rating outlook is stable.

At the same time, S&P assigned its 'B+' issue-level rating and '2'
recovery rating to Vivid Seats $30 million first-lien senior
secured revolving credit facility and $400 million first-lien
senior secured term loan.  The '2' recovery rating indicates S&P's
expectation for substantial recovery (70%-90%; upper half of the
range) of principal in the event of a payment default.

S&P also assigned its 'CCC+' issue-level rating and '6' recovery
rating to the company's proposed $155 million second-lien senior
secured term loan due 2023.

S&P will withdraw its ratings on the company's existing first-lien
debt following the debt repayment.

On Sept. 9, 2016, Vivid Seats announced that it's seeking to raise
$585 million of new senior secured credit facilities, and it will
use the proceeds, along with cash on balance sheet, to refinance
its existing first-lien debt and senior notes, and distribute a
special dividend to the financial sponsor.  On Jan. 12, 2016, U.S.
private equity firm Vista Equity Partners Management LLC had
announced a strategic partnership with Vivid Seats.  Vivid Seats
had issued new debt to fund the strategic investment.

The 'B' corporate credit rating reflects S&P's view that Vivid
Seats will continue to have a highly leveraged financial risk
profile, with adjusted debt leverage remaining above 6x over the
next 12-18 months.  Pro forma for the transaction, the company's
adjusted debt to EBITDA ratio would be 6.5x as of June 30, 2016, if
the current debt issues are repaid and excluding
acquisition-related costs.  S&P expects that leverage will remain
in the high-6x area in 2016 and in the mid-5x area in 2017 as the
company continues to generate healthy EBITDA.

S&P views Vivid Seats' business risk profile as weak.  S&P's
assessment is based on the competitive secondary ticket market;
Vivid Seat's relatively weak brand awareness, despite the low brand
loyalty featured in this market; and the company's lack of
distinctive or differentiating products versus its main
competitors.  However, Vivid Seats benefits from strong
relationships with professional ticket brokers, and it has been
able to gain market shares from competitors while maintaining an
EBITDA margin in the low-20% rate--in line with its closest peers.
Our assessment also reflects the company's minimal international
presence, limited diversity of products, and smaller scale relative
to industry leader Stubhub.

Primary ticket outlets such as Ticketmaster (a Live Nation
Entertainment Inc. company) contract directly with venues and
promoters to sell event tickets on their behalf.  The secondary
market is a key distribution channel for the overall ticketing
industry.  Buyers often use secondary exchanges to access in-demand
tickets that otherwise would have been sold out, and teams, venues,
and performers use the secondary channel to offload inventory,
reduce risk of unsold inventory, and generate cash flows.
Approximately 24% of event tickets are sold through secondary
channels.

Key market risks, such as restriction on ticket resale and variable
pricing by primary ticket sellers, could reduce sales volumes and
compress fees, thus pressuring the secondary ticket market longer
term.  However, S&P believes the secondary ticket market will
continue its solid growth during the next 12 months, notably due to
the increased prevalence of mobile ticketing transactions.  As one
of the largest players in the secondary ticket market, Vivid Seats
is well positioned to grow with the market and gain additional
shares from players with suboptimal scale.

The company's financial policy will likely be aggressive going
forward, in S&P's view.

S&P's base-case scenario assumes these:

   -- U.S. GDP growth of 2.0% in 2016 and 2.4% in 2017;
   -- Real personal consumption expenditure growth of 3% in 2016
      and 2.8% in 2017;
   -- Revenue growth of about 40% for 2016 and in the high-single-
      digit percentage area in 2017, driven by low-double-digit
      percentage growth in the company's core marketplace segment;
   -- Stable EBITDA margin in the low-20% rate in 2016 and 2017;
      and
   -- Adjusted debt to EBITDA above 6x in 2017.

The combination of a weak business risk profile assessment and a
highly leveraged financial risk profile assessment has two possible
initial analytical outcomes ("anchors") under S&P's criteria: 'b'
or 'b-'.  S&P selected the 'b' anchor, based on its view that Vivid
Seats has better cash flow measures than its peers in the 'B'
rating category.

The stable rating outlook reflects S&P's expectation that Vivid
Seats will enjoy good operating performance with double-digit
revenue growth in 2017, while maintaining adequate liquidity.
However, S&P believes that adjusted debt leverage will likely
remain above 5x over the next two years due to the company's
financial sponsor ownership.

S&P could lower its corporate credit rating on Vivid Seats if poor
operating performance or unfavorable financial policy actions cause
the company's EBITDA interest coverage to decrease below 2x or its
discretionary cash flow to debt to decline to the low-single
digits.  This could occur if revenue growth declines by 3% and
gross margin decreases to below 70% in 2016 and 2017. Additionally,
S&P could lower the rating if the company's business risk profile
assessment weakens due to a significant increase in competitive
pressure (likely from a new competitor), market share losses, or
lower-than-expected return on marketing investments.

S&P could raise the rating if the company reduces leverage to below
5x on a sustained basis and commits to a less aggressive financial
policy.  S&P believes this is less likely, given the company's
private equity ownership.


W&T OFFSHORE: Swap Offloads Some Debt
-------------------------------------
Harvard Zhang, writing for Bloomberg Brief Distress & Bankruptcy,
reported that W&T Offshore's debt swap may stall but not stem
concerns about how the oil and gas producer will ride out the
industry's slump.

The report noted that both S&P and Moody's upgraded Houston-based
W&T after it completed a bond exchange Sept. 8 that cut debt by
$408 million for the money-losing driller, but the ratings agencies
split over the outlook, with S&P saying W&T could still run out of
cash in the next 12 months and Moody's predicting liquidity will be
adequate through 2017.

"They had a bit of a gun to their head; now they don't," said
Spencer Cutter, an analyst who follows distressed energy companies
at Bloomberg Intelligence. The debt exchange "buys the company some
time, but it doesn't fix their leverage problem."

According to the report, W&T and its exploration and production
peers have been restructuring debt, hoping to ride out a two-year
rout in energy prices.  The company exchanged $710.2 million of its
8.5 percent senior notes due in 2019 for a combination of stock and
new PIK toggle securities that have longer maturities, the report
related.

                   About W&T Offshore

W&T Offshore, Inc. is an independent oil and natural gas producer
with operations offshore in the Gulf of Mexico and has grown
through acquisitions, exploration and development.  As of March
31,
2016, the Company has working interests in approximately 54 fields
in federal and state waters (50 producing and four fields capable
of producing) and has under lease approximately 850,000 gross
acres, including approximately 500,000 gross acres on the Gulf of
Mexico Shelf and approximately 350,000 gross acres in the
deepwater.  A majority of the Company's daily production is
derived
from wells it operates.  For more information on W&T Offshore,
please visit the Company's website at www.wtoffshore.com.

                      *     *      *

The Troubled Company Reporter on Sept. 14, 2016 reported that 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'.

The TCR, on on June 15, 2016, reported that 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 'CC'
from 'CCC-'.  The outlook is negative.  At the same time, S&P
lowered its issue-level rating on the company's secured debt to
'CC' from 'CCC+'.


WHITESBURG REALTY: 25% of Net Profits Earmarked for Unsecureds
--------------------------------------------------------------
Whitesburg Realty, LLC, delivered to the Bankruptcy Court in
Lexington, Ky., its First Amended Disclosure Statement for its Plan
of Reorganization.

The First Amended Disclosure Statement provides that only ballots
received on or before 5:00 p.m. EST on Oct. 13, 2016, will be
counted in determining whether a class has accepted or rejected the
Plan.

The Plan provides that the Debtor will continue to operate
post-confirmation as the Reorganized Debtor in the ordinary course
of business, receiving ongoing income from its commercial rental
operations.

The Plan contemplates refinancing within two years of the Effective
Date although the Debtor anticipates that it can refinance within
12 months post-confirmation.

The Plan says each holder of an Allowed Unsecured Claim in Class B
will receive a distribution equal to its pro rata share of 25% of
the Debtor's Net Profits from its operations five years
post-Confirmation after satisfaction of any Allowed Administrative,
Priority, and Tax Claims.  "Net Profits" mean the cash remaining at
calendar year end after payment of all ongoing company obligations,
including costs of goods, payroll, operating expenses, debt service
and leases, capital expenditures, and taxes.  Net Profits for each
year shall be determined and distributions made to the Class B
Claims on or before September 1st of the following year. The Class
B Claims are Impaired.

As reported by the Troubled Company Reporter on Aug. 8, 2016,
Whitesburg Realty's original plan provides that each creditor
holding an unsecured claim in Class B will receive its distribution
equal to its pro rata share of 100% of Whitesburg's net profits
from its operations five years after confirmation of the plan.

The Debtor's assets as of the bankruptcy filing date totaled
$2,649,974 including the following: (a) real property valued at
$2.55 million; (b) rent receivables valued at $15,567; and (c) cash
and checking accounts valued at $84,407.

The Debtor's liabilities as of the bankruptcy filing date totaled
$3,765,073 which includes (a) secured claims totaling $3,755,073;
(b) priority claims totaling $0.00; and (c) unsecured claims
totaling $10,000.

A copy of the Debtor's First Amended Disclosure Statement is
available at:

         http://bankrupt.com/misc/kyeb16-50721-0061.pdf

                     About Whitesburg Realty

Whitesburg Realty, LLC, filed a chapter 11 petition (Bankr. E.D.
Ky. Case No. 16-50721) on April 13, 2016.  The petition was signed
by Jeffrey C. Ruttenberg, member.  The Debtor is represented by
Jamie L. Harris, Esq., at Delcotto Law Group PLLC.  

Whitesburg Realty, a Kentucky limited liability company, was
established on Feb. 10, 2004.  The Debtor is a landlord to the
various shops and businesses operated at the Whitesburg Plaza.  The
Debtor has several tenants, most notably, Walmart, and several
smaller businesses including a nail salon, fashion retail store and
pizza restaurant.


WHITTEN FOUNDATION: Sale Under Iberia Plan Completed
----------------------------------------------------
Iberia Bank notified the U.S. Bankruptcy Court for the Western
District of Louisiana that the sale transactions contemplated in
its Chapter 11 liquidating plan for Whitten Foundation have been
completed and the vast majority of payments have been made to
creditors in accordance with the Plan.

The Plan, according to the bank, has become effective but has not
been substantially consummated because the Debtor has not paid all
allowed administrative claims, U.S. Trustee fees, and the $10,000
earmarked for pro rata distributions to unsecured creditors have
not been completed.

Iberia asserts that confirmation and implementation of its Plan is
preferable to any alternative because its Plan provides the best
alternative for maximizing the recoveries of creditors within a
reasonable period of time.

The Post-Confirmation Amended Disclosure Statement for Iberia's
Plan was approved by Court Order dated March 30, 2016. Thereafter,
Iberia's Post-Confirmation Modified Plan was confirmed by Court
Order dated April 15, 2016.

Iberia Bank is represented by:

     Michael A. Crawford, Esq.
     TAYLOR, PORTER, BROOKS & PHILLIPS, LLP
     Post Office Box 2471
     451 Florida Street, 8th Floor
     Baton Rouge, LA 70821-2471
     Tel: (225)381-0223
     Fax: (225)346-8049

                      About Whitten Foundation

Whitten Foundation is a non-profit corporation that owns and
operates two apartment/condominium properties located in Lake
Charles and Baton Rouge in the State of Louisiana.  The Lake
Charles property is referred to as "Embers" and the Baton Rouge
property is referred to "Courtyard Orleans." A third property,
referred to as "Unit 9" is located at the Courtyard Orleans site
in Baton Rouge but it is a single condominium.

Whitten Foundation sought Chapter 11 bankruptcy protection (Bankr.
W.D. La. Case No. 15-20237) in Lake Charles, Louisiana, on March
31, 2015.  The Debtor estimated $10 million to $50 million in
assets and debt.

Judge Robert Summerhays presides over the case.  The Debtor has
tapped Gerald J. Casey, Esq., in Lake Charles, Louisiana, as its
counsel.

The U.S. trustee overseeing Whitten Foundation's Chapter 11 case
said it wasn't able to form a committee of unsecured creditors due
to insufficient number of creditors willing to serve on the
committee.


WORLD OF WOOD: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: World of Wood, Ltd.
           dba Hardwood Aritsans
        21405 Business Court
        Elkwood, VA 22718

Case No.: 16-13186

Chapter 11 Petition Date: September 19, 2016

Court: United States Bankruptcy Court
       Eastern District of Virginia (Alexandria)

Judge: Hon. Brian F. Kenney

Debtor's Counsel: Christopher L. Rogan, Esq.
                  ROGANMILLERZIMMERMAN, PLLC
                  50 Catoctin Circle, N.E., Suite 333
                  Leesburg, VA 20176
                  Tel: (703) 777-8850
                  Fax: (703) 777-8854
                  E-mail: crogan@rmzlawfirm.com

Total Assets: $320,649

Total Liabilities: $4.23 million

The petition was signed by Curtis Smay, co-CEO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/vaeb16-13186.pdf


WPCS INTERNATIONAL: Iroquois Master Owns 9.8% Stake as of Sept. 15
------------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Iroquois Master Fund Ltd. disclosed that as of
Sept. 15, 2016, it beneficially owns 278,634 shares of common stock
of WPCS International Incorporated representing 9.78 percent of the
shares outstanding.

Also included in the filing are:

                             Shares              Percent of
  Name                   Beneficially Owned        Class
  ----                   ------------------      ----------
Iroquois Capital             278,634                9.78%
Management, LLC

American Capital              8,674              Less Than 1%
Management, LLC

Richard Abbe                 278,634                9.78%

Kimberly Page                287,308                9.99%

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

                      https://is.gd/Cl3to1

              About WPCS International Incorporated

WPCS -- http://www.wpcs.com/-- operates in two business segments
including: (1) providing communications infrastructure contracting
services to the public services, healthcare, energy and corporate
enterprise markets worldwide; and (2) developing a Bitcoin trading
platform.

WPCS International reported a net loss attributable to common
shareholders of $8.27 million on $14.6 million of revenue for the
year ended April 30, 2016, compared to a net loss attributable to
common shareholders of $11.32 million on $24.41 million of revenue
for the year ended April 30, 2015.

As of July 31, 2016, WPCS International had $7.15 million in total
assets, $4.34 million in total liabilities and $2.80 million in
total stockholders' equity.


YAKH LLC: Seeks Authorization to Use Cash Collateral
----------------------------------------------------
YAKH LLC., asks the U.S. Bankruptcy Court for the District of
Massachusetts for authorization to use cash collateral.

The Debtor is indebted to secured creditors City of Revere
Arrearage, in the amount of $74,000.00, and Bank Gloucester
Arrearage, in the amount of $16,019.58, as of the Petition Date.
The Debtor is also liable for other Bankruptcy Court Fees.

The Debtor avers that the use of cash is necessary to enable the
Debtor to continue uninterrupted operations, compensate employees,
purchase materials, and pay other ongoing and usual necessary
expenses incurred in the day to day operation of the business.

The Debtor contends that based upon the value of its real estate
property, which the Debtor estimates to be at $1,000,000, the
claims of secured creditors are adequately protected.

The Debtor's proposed 30-Day Cash Budget provides for payments for
its creditors in the total amount of $4,060.

A full-text copy of the Cash Collateral, dated Sept. 11, 2016, is
available at https://is.gd/X5EQXP

YAKH LLC is represented by:

          Ilya Liviz, Esq.
          200 Central St. Unit 1
          Lowell, MA 01852
          Tel. 1 (978) 221-6385
          Fax. 1 (978) 221-6486
          Email: ilya.liviz@gmail.com


                       About YAKH LLC

YAKH LLC filed a Chapter 11 petition (Bankr. D. Mass. Case No.
16-12304), on June 15, 2016.  The Petition was signed by its
Managing Director, Vladislav Yanovsky. The Debtor is represented by
Paul Feldman at the Law Offices of Paul Feldman in Brighton, MA. At
the time of filing, the Debtor estimated assets and liabilities at
$500,000 to $ million each.  


YOUNG CHO: Unsecured Creditors to Receive 2% Under Ch. 11 Plan
--------------------------------------------------------------
Young F. Cho and Heidi F. Cho filed their disclosure statement in
relation to the Debtors' first amended and restated joint plan of
reorganization.

The general unsecured creditors of the Debtors are classified in
Class 2, and will receive a distribution of $60,000 in present
value, representing just over 2% of their allowed claims, to be
distributed over 120 months at 4.5% per annum interest.

Payments and distributions under the Plan will be funded by the
Debtors' post-confirmation income. The Debtors' income has one
principal source, which is the income from Symphony, the Chos
retain a 100% equity interest in Symphony 37 Corp. The Debtors have
assumed that Symphony's income, which has been fairly stable for
many years, will continue. The General Unsecured Claims against
Debtors is estimated at a total of $2,998,749.

A full-text copy of the Disclosure Statement dated September 9,
2016 is available at https://is.gd/XbXcA2

           About Young F. Cho and Heidi H. Cho

Young F. Cho and Heidi H. Cho filed a Chapter 11 petition (Bankr.
D. Del. Case No. 15-10502), on March 9, 2015.  The Debtors' counsel
is Christopher D. Loizides, Esq. at Loizides, P.A. of Wilmington,
DE.


ZYLSTRA DAIRY: Names Diller and Rice as Counsel
-----------------------------------------------
Zylstra Dairy, Ltd. asks for permission from the U.S. Bankruptcy
Court for the Northern District of Ohio to employ Diller and Rice,
LLC and Steven L. Diller and Eric Neuman as counsel.

The Debtor requires Diller and Rice to:

   (a) consult with and aid in the preparation and implementation
       of a plan of reorganization; and

   (b) represent the Debtor in all matters relating to such
       proceedings.

Diller and Rice will be paid at these hourly rates:

       Steven L. Diller           $300
       Eric R. Neuman             $275
       Administrative
       Assistant                  $100

Diller and Rice will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Diller and Rice received a $5,000 retainer from the Debtor. From
the amount, $1,717 was utilized for the filing fee.

Steven L. Diller 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.

Diller and Rice can be reached at:

       Steven L. Diller, Esq.
       DILLER AND RICE, LLC
       124 E Main Street
       Van Wert, OH 45891
       Tel: (419) 238-5025
       E-mail: steven@drlawllc.com

                     About Zylstra Dairy

Zylstra Dairy, Ltd., filed a chapter 11 petition (Bankr. N.D. Ohio
Case No. 16-32720) on Aug. 29, 2016.  The petition was signed by
Ijme L. Zylstra, member.  The Debtor is represented by Steven L.
Diller, Esq. and Eric R. Neuman, Esq., at Diller and Rice, LLC.
The case is assigned to Judge Mary Ann Whipple.  The Debtor
disclosed total assets at $4.64 million and total liabilities at
$5.54 million.


[*] Blackhill Partners Appoints Steven Strom as CEO
---------------------------------------------------
Blackhill Partners, a boutique investment banking firm specializing
in restructurings, corporate divestitures and special situations,
on Sept. 19, 2016, disclosed that it appointed restructuring
industry veteran Steven Strom as Chief Executive Officer.  Mr.
Strom will serve as the lead member of the Firm's Management
Committee.  Mr. Strom joins the team at a pivotal time for the
firm, bringing with him 30+ years of investment banking experience
and an impressive track record of solving problems in financially
distressed and restructuring situations.

"Steve's excellent reputation in the marketplace and strong
relationships in the industry are great assets to our firm," said
Jeff Jones, Managing Director and President of Blackhill Partners.
"His experience base of successfully leading and executing over 100
recapitalizations and restructurings will be extremely beneficial
to our clients.  Steve's addition demonstrates Blackhill's
commitment to meeting the investment banking needs of corporations
during all phases of growth and transition."

Prior to joining Blackhill, Mr. Strom was the Global Head of
Restructuring and Recapitalization at Jefferies.  Prior to
Jefferies, Mr. Strom was a Managing Director in the Restructuring
Group at CIBC World Markets and Chanin Capital Partners, and is
also the founder of Odinbrook Global Advisors.  He has additional
previous experience as a distressed investor at Commodities
Corporation and in the mergers and acquisitions group at Chemical
Bank.  Over the course of his career, Mr. Strom has advised
companies, creditors, buyers and other stakeholders of assets in
financial distress and Chapter 11 situations.  He has testified as
an expert on valuation matters, asset sales, feasibility,
projections and other plan issues in numerous cases.  In addition
to leading Blackhill's growth plans, Mr. Strom will continue to
work with clients in an effort to negotiate and develop
restructuring strategies to achieve resolution both in and
out-of-court.

Mr. Strom earned an MBA with a concentration in Finance from the
University of Michigan, and received a BS in Finance from Arizona
State University.  Mr. Strom has been recognized by The Deal as one
of the most active restructuring advisors, and his clients'
transactions have won awards including European Restructuring Deal
of the Year.

                    About Blackhill Partners

Headquartered in Dallas, Texas, Blackhill Partners, LLC --
http://www.blackhillpartners.com/-- is an advisor to companies and
their stakeholders in restructurings and bankruptcies around the
world.  With expertise in highly complex capital structure
challenges, the firm's services include debtor advisory, creditor
advisory, distressed mergers and acquisitions, distressed financing
and debt modifications, interim management services and expert
witness testimony.  Blackhill's professionals have advised clients
on over $250 billion of mergers, acquisitions, financings and
restructurings across a broad range of industries, with particular
depth in energy and industrial businesses.


[*] KBRA Releases CMBS Default and Loss Study
---------------------------------------------
Kroll Bond Rating Agency (KBRA) released on Sept. 16, 2016, its
CMBS Default and Loss Study: Defaults Slow, Losses Grow.

In total, KBRA analyzed 92,415 commercial real estate loans from
693 fixed-rate conduit transactions with an aggregate cut-off
balance in excess of $1.0 trillion.  The study population includes
loans with one year of seasoning that were primarily originated for
securitization between 1995 and June 2015.  Some key takeaways from
the study included the following:

   -- Through June 2016, 14,459 loans defaulted for a 15.6%
cumulative default rate by loan count.

   -- Of the 12,646 loan resolutions, 66.2% realized a loss greater
than 2%. The average loss severity for these loans was 49.7%.

   -- The cumulative loss rate for the study period was 4.0%.

   -- Loan defaults among 2005-2008 originations bucked the
conventional wisdom that larger loans tend to default less.  Among
these vintage cohorts, cumulative loan default rates for loans with
balances of greater than $50 million were 28.2%.  This compares to
7.9% for loans originated prior to 2005.

   -- Lodging had the highest cumulative default rate among the
core property types (22.4%), most of which were due to term
defaults (85.0% of total defaults).  However, the office cumulative
default rate has grown rapidly since 2010 (12.1% to 21.4% as of
June 2016) and has almost caught up to lodging’s rate.

   -- Cumulative default rates among the six MSAs that KBRA deems
to be among the most liquid in the country was 8.9%; for the
remaining geographic regions the default rates were 1.7x to 2.1x
higher.

   -- Acquisition default rate (19.1%) exceeded refinance default
rate (11.4%) by a margin of 1.7x.

   -- The time to resolve a loan, which has trended higher since
2010, increased to 36.1 months in 1H 2016 compared to its 21.5
month long term average.

                  About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission
as a Nationally Recognized Statistical Rating Organization (NRSRO).
In addition, KBRA is recognized by the National Association of
Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).


                            *********

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,
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is compiled on the Friday prior to publication.  Prices reported
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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
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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