TCR_Public/161123.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, November 23, 2016, Vol. 20, No. 327

                            Headlines

1250 OCEANSIDE: Grant of Lender's Summary Judgment Bid Recommended
3324 N. CLARK: Hires Wexler as Special Counsel
344 SOUTH STREET: Unsecureds' Payment to Start Dec. 2016
36 WEST 38TH: Hires Cushman & Wakefield as Real Estate Advisor
435 ANN STREET: Court Approves Disclosure Statement

531 TUNXIS HILL: Plan Confirmation Hearing on Dec. 20
925 N. DAMEN: Hires Wexler as Special Counsel
A.H. COOMDS: Hires Cohne Kinghorn as Special Counsel
ACCURIDE CORP: S&P Raises CCR to 'B', Off CreditWatch Positive
ALICIA BEARD: Disclosures OK'd; Plan Confirmation Hearing on Jan. 5

AMERICAN APPAREL: Taps Prime Clerk as Claims and Noticing Agent
ANATOLY DERIN: Disclosures Okayed, Plan Hearing on Dec. 13
ARMATO PAVING: Selling Assets to Pay U.S. Bank in Full
ARTURO E. BOBADILLA: Unsecureds To Get $200 for 20 Quarters
ASCENT GROUP: Dec. 7 Hearing for PCO Appointment Set

ASSOCIATED THIRD: Taps Levene Neale as Bankruptcy Counsel
ATP OIL: Court Dismisses Intervenors' LOWLA Complaints
AUTO TRANSPORT: Hires Andrew Moher as General Bankruptcy Counsel
AUTO TRANSPORT: Names Timothy Kelley as Accountant
AUTO TRANSPORT: Taps Erika Lopez as Bookkeeper

AVENUE C TENANTS: Hires Barry Mallin as Real Estate Counsel
AVENUE C TENANTS: Hires Damon CPAs as Accountants
BANDERA POINTE: Hires Colglazier as Real Estate Broker
BASIC ENERGY: Hires Andrews Kurth as Corporate Counsel
BEAR CREEK PARTNERS: Can Use DOF IV REIT Cash Until Dec. 5

BETH MBURU: Unsecureds To Recoup 100% Over Four Years
BIRCH COMMUNICATIONS: S&P Affirms 'B' CCR; Outlook Stable
BMC MASONRY: Hires RJ Montgomery as Auctioneer
BONNIE LEE MAES: Disclosures Okayed, Plan Hearing on Dec. 19
BOSS INVESTMENTS: Hires Kelly Warner as Counsel

BPS US HOLDINGS: Hires Ordinary Course of Professionals
BPS US HOLDINGS: Hires Prime Clerk as Administrative Agent
BPS US HOLDINGS: Hires Young Conaway as Co-counsel
BUMBLE BEE: Moody's Lowers CFR to B3 & Changes Outlook to Neg.
C&J ENERGY: King & Spalding Representing Equity Security Holders

C.H.I. OVERHEAD: S&P Lowers Rating on 1st-Lien Term Loan to 'B'
C.H.I.R. CORPORATION: Court Prohibits Cash Collateral Use
C.H.I.R. CORPORATION: Unsecured Creditors to Get 1% Under Plan
CAESARS ENTERTAINMENT: Court Approves 1st Lien Notes Repayment Plan
CARIBBEAN COMMERCIAL: Voluntary Chapter 11 Case Summary

CDR STRAINERS: Hires Showalter as Special Litigation Counsel
CERVANTES INC: Hearing on Plan Disclosures Set For Dec. 13
CHRISTOPHER LAMONT: Unsecureds to be Paid in Full Within 4 Months
CJ HOLDING: Gardner Denver Buying Total E&S Assets for $17.5M
COMMERCIAL FLOOR CARE: Selling SaniGLAZE Franchise for $37.5K

CONSTELLATION ENTERPRISES: US Trustee Balks at Case Dismissal Bid
CONTROL VALVE: Court Allows Cash Collateral Use on Final Basis
COOK INVESTMENTS: Voluntary Chapter 11 Case Summary
CORNERSTONE TOWER: Unsecureds To Get $23,256 Bi-annually For 7 Yrs.
CORPORATE RISK: S&P Alters Outlook to Pos. on Kroll Ontrack Deal

CUZCO DEVELOPMENT: May Avoid JCCHO Master Lease, Court Says
CYCLE SHACK: Exit Plan Sets Aside $35K for Unsecured Creditors
DANA HOLDING: Moody's Retains Ba3 CFR Over Brevini Group Deal
DEDA ENTERPRISES: Ch.11 Trustee Hires Brunetti Rougeau as Counsel
DESERT SPRINGS: Sale of Two Cathedral City Parcels Approved

DETROIT PUBLIC SCHOOLS: Moody's Raises Issuer Rating to B2
DIRECT MEDIA: Voluntary Chapter 11 Case Summary
EDWARD M. WILKE: Unsecureds To Recoup 0.005% Under Plan
EDWIN GORDON BOND: Disclosures Okayed, Plan Hearing on Jan. 12
EIG MANAGEMENT: S&P Affirms 'BB+' ICR; Outlook Stable

EIGHT MILE: Unsecureds To Recoup 3% Under Plan
ELIZARDO CRUZ: Unsecureds To Recover 5% Under Plan
ELOY LEAL: Court Approves Disclosure Statement
EMPYREAN TOWERS: Hires Tony Ruch as Special Counsel
EP ENERGY: S&P Lowers Rating on Priority-Lien Term Loan to 'B-'

ESPRESSO DREAM: Selling Four New York Coffee Shop Assets for $230K
EVERGREEN HEALTH: Hires Strobl & Sharp as Bankruptcy Counsel
FELAHY LAW GROUP: Hearing on Plan Disclosures  Approval on Dec. 15
FIRST PENTECOSTAL: Hires Matthews & Nulty as Accountant
FLETCHER INTERNATIONAL: 2d Circ. Won't Vacate Trustee's Appointment

GABEL LEASE: U.S. Trustee Forms 3-Member Committee
GARRETT PROPERTIES: Disclosure Statement Hearing on Dec. 21
GEORGE RETOS: Disclosure Statement Hearing on Dec. 13
GERALD YEBOAH OMARI: Files Amended Disclosure Statement
GOLFSMITH INT'L: Seeks Approval of Key Employee Retention Plan

GOUVIS RESTAURANT: Case Summary & 12 Unsecured Creditors
GRAND PANAMA: Hearing on Disclosure Statement Set For Dec. 15
GREENHUNTER RESOURCES: Wants Exclusivity Extended Thru Jan. 13
GULF COAST: Brannen Buying Miramar Beach Property for $430K
HEATHER HILLS: Hires Johnson Pope as Counsel

HECK INDUSTRIES: Mack Financial Services To Recoup 100% Under Plan
HERCULES OFFSHORE: Plan Confirmation Order Entered
HERCULES OFFSHORE: Unit Closes $65 Million Sale of Rigs
HOCHHEIM PRAIRIE: S&P Affirms B+ Financial Strength Rating & ICR
HUGHES CONTRACTING: Hires Philip Nizer as Labor Claims Counsel

IMX ACQUISITION: Delays Filing of Q3 Financial Report
IMX ACQUISITION: Nov. 29 Final Hearing on $8-Mil. Tannor DIP Loan
INDRA HOLDINGS: Moody's Lowers CFR to Caa2; Outlook Stable
INT'L SHIPHOLDING: Auction of Specialty Business Segment on Dec. 15
ISAM HIJAZI: Disclosures OK'd; Plan Confirmation Hearing on Jan. 4

JAMES A. CRIPE: Colfin MF5 Objects to Disclosure Statement
JOHN CALADO: Disclosures Get Prelim. OK; Plan Hearing on Dec. 20
JOHN LEWIS BLEWETT: Unsecureds To Recover 25% Under Plan
JOSEPH KOKROKO: Disclosures OK'd; Plan Hearing on Jan. 5
JYR'S EL MAGUEY: U.S. Trustee Unable to Appoint Committee

KAISER GYPSUM: Asbestos Committee Hires Higgins as Co-Counsel
KEEN EQUITIES: Disclosures OK'd; Plan Hearing on Dec. 7
KEY ENERGY: Dec. 6 Hearing on Bid to Reject Severance Deals
KKR FINANCIAL: S&P Lowers Rating on Preferred Notes to 'BB'
LEGENDS COLLISION: Seeks Court Approval to Use Cash Collateral

LENEXA HOTEL: Hires Lentz Clark Deines as Counsel
LESLIE ROGER SAUNDERS: To Object to IRS, MDOR Claims
LIVE OAK LOUNGE: Plan Outline Hearing on Nov. 29
LIVE WELL: Plan Confirmation Hearing on Jan. 12
LIZA HAZAN: S & S Collections Tries To Block Disclosures Approval

LOU WEBBER TIRE: U.S. Trustee Unable to Appoint Committee
LOWELL & SONS: Hires Edwin S. Brown as Accountant
LUCAS ENERGY: Alan Dreeben Holds 11% Equity Stake as of Nov. 4
LUCAS ENERGY: Ilios Oil Reports 4% Equity Stake as of Nov. 4
LUCAS ENERGY: RAD2 Minerals, et al, Own 30% Stake as of Nov. 10

M. A. GONZALEZ: Voluntary Chapter 11 Case Summary
MANUEL A. NOYA: Unsecureds To Receive $95,000 Under Plan
MAPPIN LOJAS: Seeks U.S. Recognition of Brazilian Proceeding
MARK CAREY COMEAUX: Unsecureds To Recover 66.69% Under Plan
MAXIMUM LIFT: Hires Oliveras as Accountant

MAYA RESTAURANTS: Hires Calaiaro Valencik as Counsel
MBTI OF PUERTO RICO: U.S. Trustee Forms 3-Member Committee
MCNEILL GROUP: Hires Spadaccini as Special Counsel
MHM HOLDINGS: Voluntary Chapter 11 Case Summary
MICHAEL ZELLERS: Hearing For Plan Outline Approval on Nov. 30

MONTREIGN OPERATING: Moody's Assigns B3 CFR & Rates $375MM Loan B2
MONTREIGN OPERATING: S&P Rates $375MM 1st-Lien Term Loan 'B-'
NEVADA GAMING: Hires Maxim Hotel as Real Estate Broker
NEVADA GAMING: Wants $374K DIP Loan from NGC Stephanie Property
NEW YORK CRANE: Disclosure Statement Hearing Set for Nov. 28

NEW YORK CRANE: Nov. 28 Hearing for Ch. 11 Trustee Appointment Set
NEXTSTEP DEVELOPMENT: Hires Marcus & Millichap as Broker
NXT CAPITAL: Moody's Assigns B1 Rating on $300MM Sr. Sec. Loan
NXT CAPITAL: S&P Retains BB- Rating on Upsize of Sr. Sec. Loan
OCWEN FINANCIAL: Moody's Assigns B2 Rating on New Sr. Sec. Loan

PARAGON OFFSHORE: Court Enters Written Confirmation Denial Order
PARAGON OFFSHORE: Stilley Out, Taylor In as CEO
PATRIOT METALS: Hires Tate as Special Counsel
PAVEL SAVENOK: Klyachenko Buying Skyline 65% Interest for $500K
PETERS MACHINE: U.S. Trustee Unable to Appoint Committee

PHARMACOGENETICS DIAGNOSTIC: Has Until March 8 To File Ch 11 Plan
PREMIERE GLOBAL: S&P Revises Outlook to Stable & Affirms 'B' CCR
Q AND Q REALTY: Submits Amended Expense Tables for Cash Use
QUALITY DISCOUNT: Submits Memorandum to Support Cash Use Motion
RECYCLING GROUP: Voluntary Chapter 11 Case Summary

RELIABLE HUMAN: Wants to Use Cash Collateral
ROBERT DOKKEN: Disclosures Conditionally OK'd; Hearing on Feb. 23
RUBEN OCASIO PINO: Plan Confirmation Hearing Set for Dec. 14
SABLE NATURAL: Sec. 341 Creditors Meeting Set for Dec. 15
SAILING EMPORIUM: Peoples Bank Seeks Appointment of Ch. 11 Trustee

SANTA ROSA ANIMAL: Seeks to Use Bank of America Cash Collateral
SCHOPF'S HILLTOP: Disclosures Okayed, Plan Hearing on January 19
SIGA TECH: Completes Rights Offering, PharmAthene Judgment Paid
SLAYTON FAMILY: Wants to Use Quik Capital Cash Collateral
SOUTHERN SEASON: Sale of Assets at NC Stores for $30K Approved

SPECTACULARX INC: Allowed to Use Cash Collateral on Interim Basis
SPECTRASCIENCE INC: Posts $777K Net Loss for Q3 2016
ST. MICHAEL'S MEDICAL: Hearing on Plan Disclosures Set For Dec. 8
STAR WEST: Moody's Affirms B1 Rating on $446MM Sr. Facilities
STEALTH SOFTWARE: Hires Andante Law Group as Counsel

STONE PANELS: Wants Retroactive Approval of Cash Collateral Use
STRIDE ACADEMY: S&P Lowers Rating on 2016 A&B Revenue Bonds to 'B-'
SUTTON 58 OWNER: Court Approves Dec. 13 Auction for Stalled Project
TESORO CORP: S&P Puts 'BB+' CCR on CreditWatch Positive
TESORO CORPORATION: Moody's Affirms Ba1 CFR; Outlook Positive

TESORO LOGISTICS: Moody's Affirms Ba2 CFR; Outlook Positive
TO & FRO: Hires Friedman as Accountant
TRASK DEVELOPERS: Patel Buying Garden Grove Property for $1.2M
TREND COMPANIES: Can Use Cash Collateral on Interim Basis
TRIANGLE USA: Gibson, Young Stop Representing Franklin, Prudential

UNITED METALS: Unsecureds Get $704.44 Per Month For 5 Yrs.
UNITED REHABILITATION: Disclosure Statement Hearing on Dec. 20
UPPER ROOM BIBLE: Hires Stewart Robbins as Attorney
US ENERGY MANAGEMENT: Unsecureds To Recover 100% Within 6 Yrs.
VAL COLE: Hires Dean W. Greer as Counsel

VANGUARD HEALTHCARE: Wants BCF Premium Finance Agreement Approved
VILLAS DEL MAR: BPPR Wants to Prohibit Cash Collateral Use
WESTERN REFINING: Moody's Puts B1 CFR Under Review for Upgrade
WESTERN REFINING: S&P Puts 'B+' CCR on CreditWatch Positive
WHITE MOUNTAIN: Plan Confirmation Hearing on Dec. 13

XTERA COMMUNICATIONS: Files for Bankruptcy on Liquidity Issues
XTERA COMMUNICATIONS: Seeks Court OK of $7.4M DIP Financing Deal

                            *********

1250 OCEANSIDE: Grant of Lender's Summary Judgment Bid Recommended
------------------------------------------------------------------
Judge Robert J. Faris of the United States Bankruptcy Court for the
District of Hawaii recommended that the district court grant
summary judgment in favor of the defendants on all claims in the
adversary proceeding captioned WILLIAM BATISTE, et al., Plaintiffs,
v. SUN KONA FINANCE I, LLC, et al., Defendants, Adv. Pro. No.
16-90014 (Bankr. D. Haw.).

The adversary proceeding grew out of a failed real estate
development called Hokuli'a.  The Hokuli'a project got underway,
and the developers were able to sell some of the house lots. Among
the purchasers was a group now led by William Batiste (the "Batiste
creditors").

In 2008, the debtors' primary lender declared default and began to
exercise its remedies.  Sun Kona Finance I, LLC (SKFI) eventually
purchased about $600 million of debt and the related security
interests in the Hokuli'a project.

In the meantime, several of the lot purchasers, including the
Batiste creditors, asserted claims against the developers.  The
purchasers alleged that the developers had breached their promises
to complete the Hokuli'a development.

In 2013, the debtors, which own the Hokuli'a project, commenced
chapter 11 cases.

On August 15, 2013, the debtors and SKFI proposed a plan of
reorganization.  The Batiste creditors raised a number of
objections during the confirmation process, arguing that the SKFI
claims should be disallowed or subordinated, so that lot owners
would be paid in full before SKFI.  The Bays Lung Rose & Holma law
firm represented the Batiste creditors throughout.

On May 12, 2014, less than half an hour before the plan
confirmation hearing was to begin, the parties signed a term sheet
settling the confirmation dispute.  The term sheet included the
following provision: "SKFI and the Davis creditors will not oppose
an administrative expense claim by the Bays firm in the amount of
$250,000 for making a substantial contribution to the case."

Upon withdrawal of the Davis and Batiste creditors' objections, the
plan was confirmed without a contested hearing.

The Batiste creditors filed a claim for reimbursement of a portion
of their attorneys' fees and costs as administrative expenses.  The
debtors filed an objection.  SKFI did not file an objection, but
its lead bankruptcy counsel, James A. Wagner, signed a declaration
that the debtors submitted in support of their objection.

On June 22, 2015, the bankruptcy case was closed.

On September 1, 2015, the Batiste creditors sued SKFI in Hawaii
state court, alleging that SKFI breached the term sheet and
committed fraud, and that punitive damages were warranted.  SKFI
removed the case to the federal district court, and that court
referred the case to the bankruptcy court for pretrial matters.

The Batiste creditors moved for partial summary judgment on their
claim for breach of contract.  SKFI moved for summary judgment on
the entire complaint.

Count 1 of the complaint alleged breach of contract by SKFI for
opposing the Batiste creditors' administrative expense application.
The Batiste parties argued that SKFI breached the settlement
agreement by opposing the Bays firms' motion for compensation.

But SKFI did not oppose the motion; rather, its counsel provided an
evidentiary declaration in support of the debtor's objection.  The
settlement agreement did not preclude counsel for SKFI from
providing evidence relevant to the Batiste creditors' reimbursement
claim.

Therefore, Judge Faris concluded that SKFI did not breach the term
sheet when Mr. Wagner signed a declaration that the debtors
submitted in support of their objection and spoke about the
declaration at the hearing.  Because there is no genuine dispute as
to any material fact, the judge recommended that the district court
grant summary judgment in favor of SKFI on Count 1.

Count 2 of the complaint alleged that SKFI committed fraud.  The
Batiste creditors contended that SKFI made express and implied
representations that it would not oppose the claim for
reimbursement in order to induce the Batiste creditors to dismiss
the adversary proceeding and release various claims affiliated with
the debtors and SKFI.

Judge Faris found that the Batiste creditors have offered no
evidence that SKFI committed fraud in connection with the
agreement.  The judge noted that SKFI made no representation that
the debtor would not oppose the application or that its counsel
would not provide evidence respecting such an objection.  Judge
Faris also concluded that the Batiste creditors knew that the
debtor might object to the application because the debtor's counsel
insisted, and the Batiste creditors agreed, that the debtor retain
that right.  Therefore, the judge recommend that the district court
grant summary judgment in favor of SKFI on Count 2.

Count 3 of the complaint sought punitive damages for the breach of
contract and fraud claims.  The Batiste creditors alleged that
SKFI's conduct was willful, wanton, and with reckless disregard for
their rights, therefore punitive damages are recoverable.

Judge Faris held that, because there was no breach of contract and
no fraud, there is no basis for punitive or any other damages.
Therefore, the judge recommend that the district court grant
summary judgment in favor of SKFI on Count 3.

The bankruptcy case is In re 1250 OCEANSIDE PARTNERS, Chapter 11,
Debtor, Case No. 13-00353 (Bankr. D. Haw.).

A full-text copy of Judge Faris' November 2, 2016 proposed findings
and recommended decision is available at https://is.gd/YLvmry from
Leagle.com.

1250 Oceanside Partners is represented by:

          Simon Klevansky, Esq.
          Alika L. Piper, Esq.
          Nicole D. Stucki, Esq.
          KLEVANSKY PIPER, LLP
          Davies Pacific Center, Suite 1707
          841 Bishop Street
          Honolulu, HI 96813
          Tel: (808)536-0200
          Fax: (808)237-5758
          Email: sklevansky@kplawhawaii.com
                 apiper@kplawhawaii.com
                 nstucki@kplawhawaii.com

            -- and --

          Tom E. Roesser, Esq.
          CARLSMITH BALL LLP
          ASB Tower, Suite 2100
          1001 Bishop Street
          Honolulu, HI 96813
          Tel: (808)523-2500
          Fax: (808)523-0842
          Email: troesser@carlsmith.com

Office of the U.S. Trustee., U.S. Trustee, is represented by:

          Curtis B. Ching, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          1132 Bishop Street, Room 602
          Honolulu, HI 96813-2830
          Tel: (808)522-8150
          Fax: (808)522-8156

              About 1250 Oceanside Partners

1250 Oceanside Partners, Front Nine, LLC, and Pacific Star
Company, LLC, owners of the 1,800-acre Hokuli'a luxury real
estate development near Kona on the island of Hawaii, sought
Chapter 11 protection (Bankr. D. Hawaii Lead Case No. 13-00353)
on March 6, 2013, in Honolulu.

The Debtors were formed by developer Lyle Anderson and were
part of his development "empire", which included developments
in Hawaii, Arizona, New Mexico and Scotland.  The secured
lender, Bank of Scotland, declared a default and obtained
control of the Debtors in January 2008.

Development of the property, which has 3.5 miles of waterfront
on the Kona coast, stopped after the developers were declared
in default under the loan.  Oceanside and Front Nine own most
of the land within the Hokuli'a project, which is the principal
development.  Pacific Star owns the land referred to as
"Keopuka", near Hokuli'a.  The Hokuli'a was to have 730
residential units, an 18-hole golf course, club and other
amenities.

The Debtors say their assets are worth $68.1 million while they
are jointly liable to $625 million of debt to Sun Kona Finance
LLC, which acquired the Hawaii loan from Bank of Scotland.

Simon Klevansky, Esq., Alika L. Piper, Esq., and Nicole D.
Stucki, Esq., at Klevansky Piper, LLP, represent the Debtor in
its restructuring effort.  They replaced the law firm of Gelber,
Gelber & Ingersoll as general counsel.

A creditors committee has not been appointed.

James A. Wagner, Esq., and Allison A. Ito, Esq., at Wagner Choi &
Verbrugge, represent creditor Sun Kona Finance I, LLC, as counsel.

The Honolulu Star-Advertiser reports that U.S. Bankruptcy Judge
Robert Faris on May 12 confirmed the bankruptcy-exit plan by 1250
Oceanside Partners and two affiliates.

1250 Oceanside Partners on May 12, 2014 won court approval of a
reorganization plan that would turn over ownership to its secured
lender.  Sun Kona would provide a $65 million exit facility to
help make payments under the plan and to fund the reorganized
company when it leaves court protection.

The Debtors' Third Amended Joint Plan of Reorganization became
effective July 1, 2014.  


3324 N. CLARK: Hires Wexler as Special Counsel
----------------------------------------------
3324 N. Clark Street, LLC, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ the Law
Offices of Saul R. Wexler as special counsel to the Debtor.

3324 N. Clark requires Wexler to perform legal services
pre-petition relating to certain building code violations alleged
by the City of Chicago and investigate potential causes of action
against a tenant and against an architect relating to the real
property located at 3324 N. Clark Street, Chicago, Illinois.

Wexler will be paid at the hourly rate of $400.

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

Saul R. Wexler, member of the Law Offices of Saul R. Wexler,
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.

Wexler can be reached at:

     Saul R. Wexler, Esq.
     LAW OFFICES OF SAUL R. WEXLER
     70 W Madison Street
     Chicago, IL 60602
     Tel: (312) 558-9191

                    About 3324 N. Clark Street

3324 N. Clark Street, LLC, sought Chapter 11 protection (Bankr.
N.D. Ill. Case No. 16-30934) on Sept. 28, 2016. The petition was
signed by Simone Singer Weissbluth, manager of WMW Investments,
LLC, the manager of the Debtor. The case is assigned to Judge
Donald R. Cassling. The Debtor estimated assets and liabilities at
$1 million to $10 million at the time of the filing.

No trustee, examiner, or official committee of unsecured creditors
has been appointed.



344 SOUTH STREET: Unsecureds' Payment to Start Dec. 2016
--------------------------------------------------------
344 South Street Corporation filed with the U.S. Bankruptcy Court
for the Eastern District of Pennsylvania an amended disclosure
statement dated Nov. 9, 2016, referring to the Debtor's plan of
reorganization dated Sept. 12, 2016.

General unsecured creditors are classified in Class 3, and will
receive a distribution of 35% of their allowed claims, to be
distributed as follows in equal monthly interval payments starting
Dec. 1, 2016, and ending on Nov. 17, 2020.

The Debtor will fund the Plan through cash flow from operations of
the business.

The Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/paeb15-18278-82.pdf

As reported by the Troubled Company Reporter on Sept. 22, 2016, the
Debtor filed with the Court a disclosure statement describing a
plan of reorganization that proposed that general unsecured
creditors be paid $152,716 or 35% of their claims.  These creditors
will receive equal monthly payments beginning on Nov. 12, 2016, and
ending on Nov. 12, 2020.

                    About 344 South Street

344 South Street Corp. has operated as a restaurant, serving
Spanish and Mexican cuisine in Philadelphia's South Street
District.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Penn. Case No. 15-18278) on Nov. 17, 2015,
and is represented by Raheem S. Watson, Esq., at Watson LLC, in
Philadelphia, Pennsylvania.

At the time of the filing, the Debtor estimated assets and
liabilities below $500,000.


36 WEST 38TH: Hires Cushman & Wakefield as Real Estate Advisor
--------------------------------------------------------------
36 West 38th Street, LLC seeks authorization from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Cushman & Wakefield as real estate advisor.

The Debtor is a Delaware limited liability corporation that holds
title to a parcel of undeveloped land located at 36 West 38th
Street, New York, New York (the "Bryant Park Property").

The Debtor requires Cushman & Wakefield to:

   (a) review and update the offering document with market study,
       analysis of competitors, financial projections, discussion
       of value enhancement opportunities, location description,
       physical description, maps, graphics and photographs;

   (b) review and update the investment summary that is used to
       establish preliminary interest;

   (c) broad e-mail blast to thousands of investors and developers

       targeting the NYC market;

   (d) distribute the summary and a new confidentiality agreement
       to target investors;

   (e) provide access to all property-level diligence material,
       underwriting data and updated market information;

   (f) personal calls and marketing outreach to top investment
       groups followed by in-person meetings to respond to
       questions and market the properties;

   (g) accompany investors to on-site inspections; and

   (h) set a bid date, analyze offers, share background on bidders

       and assist in identifying the top bidders and work with the

       Debtor to complete the Sale on the best possible terms.

Cushman & Wakefield and Robert Douglas ("RD") will each receive the
same compensation in respect of the sale of the Bryant Park
Property.

Cushman & Wakefield will be paid in accordance with the following
compensation structure:

If the Only Bid Received is a Credit Bid by UBS:

   -- Flat Advisory Fee: RD and Cushman & Wakefield have agreed to

      waive the 1% Advisory Fee that each would receive in
      connection with the Sale in the event that no Qualified Bids

      are received, and to accept, subject to final Bankruptcy
      Court approval, an Advisory Fee of $25,000 for each advisor.

   -- Costs: Cushman & Wakefield and RD will each receive
      reimbursement of all out-of pocket expenses, provided that
      such out-of-pocket expenses shall not exceed $20,000 each.

If a Qualified Bid is Received:

   -- Advisory Fee: In the event that a Qualified Bid is received
      and the Bryant Park Property is sold to the Qualified
      Bidder, then Cushman & Wakefield and RD shall be deemed to
      have earned and shall each be paid an advisory fee, subject
      to Bankruptcy Court approval, calculated as follows:

      - Cushman & Wakefield and RD shall each receive 1% of the
        aggregate amount or implied valuation of any such Sale.

   -- Costs Cushman & Wakefield and RD shall each receive
      reimbursement of all out-of pocket expenses, provided that
      total out-of-pocket expenses shall not exceed $20,000 for
      each advisor.

Robert A. Knakal, chairman of New York Investment Sales at Cushman
& Wakefield, 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.

Cushman & Wakefield can be reached at:

       Robert A. Knakal
       CUSHMAN & WAKEFIELD
       275 Madison Avenue, Third Floor
       New York, NY 10016
       Tel: (212) 660 7777
       E-mail: robert.knakal@cushwake.com

36 West 38th Street, LLC, sought Chapter 11 protection (Bankr.
S.D.N.Y. Case No. Case No. 15-12480) on Sept. 3, 2015.


435 ANN STREET: Court Approves Disclosure Statement
---------------------------------------------------
The Hon. Robert E. Grant of the U.S. Bankruptcy Court for the
Northern District of Indiana has approved 435 Ann Street, LLC's
amended disclosure statement dated Sept. 26, 2016, referring to the
Debtor's plan of reorganization.

As reported by the Troubled Company Reporter on Oct. 5, 2016, the
Debtor filed an amended disclosure statement dated Sept. 26, 2016,
which proposes to pay unsecured claims, totaling $526, using
proceeds from any recovery from an adversary proceeding it filed
against FCO, LLC, et al.

435 Ann Street, LLC, which owns real estate located at 435 Ann
Street, in New Haven, filed a Chapter 11 petition (Bankr. N.D. Ind.
Case No. 15-11407) on June 8, 2015, and is represented by Scot T.
Skekloff, Esq., at Skekloff & Skekloff, LLP.  The Debtor's property
consists of an office building with three tenants.


531 TUNXIS HILL: Plan Confirmation Hearing on Dec. 20
-----------------------------------------------------
The Hon. Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut has approved 531 Tunxis Hill Associates,
LLC's first amended disclosure statement dated Nov. 4, 2016,
referring to the Debtor's plan of reorganization dated Nov. 4,
2016.

Written objections to the Plan must be filed with the Court no
later than Dec. 13, 2016.  Dec. 13 is also the last day for
returning written ballots of acceptance or rejection of the Plan.

Dec. 20, 2016, at 11:00 a.m. is fixed as the date of the hearing to
consider confirmation of the Plan.

On or before Nov. 15, 2016, the plan proponent will mail: (1) the
Plan or a court-approved summary ; (2) the Disclosure Statement;
and (3) a copy of the court order to all creditors and equity
security holders.

The Report of Ballots and Administrative Expenses will be filed
with the Court on or before Dec. 16, 2016.

                 About 531 Tunxis Hill Associates

531 Tunxis Hill Associates, LLC, owns single asset piece of real
estate known as 531 Tunxis Hill Road located in Fairfield,
Connecticut.  

The Debtor filed a Chapter 11 petition (Bankr. N.D. Conn. Case No.
15-51468) on Oct. 20, 2015.  The petition was signed by Nicholas
J.
Gramigna, Jr., president.  The Debtor is represented by Michael A.
Carbone, Esq., and James G. Verillo, Esq., at Zeldes, Needle &
Cooper, P.C.  The Debtor estimated assets and debts at $100,001 to
$500,000 at the time of the filing.


925 N. DAMEN: Hires Wexler as Special Counsel
---------------------------------------------
925 N. Damen, LLC, seeks authority from the U.S. Bankruptcy Court
for the Northern District of Illinois to employ the Law Offices of
Saul R. Wexler as special counsel to the Debtor.

925 N. Damen requires Wexler to:

   a. represent the Debtor's interests in the administrative
      hearings at the Building Hearings Division, Administrative
      Hearings Department, City of Chicago, with respect to
      certain building code violations; and

   b. to defend the Debtor and other Defendants in a lawsuit
      pending in the Circuit Court of Cook County, Chancery
      Division, entitled Flavius Schiopu and G7 Investments, LLC
      vs. Weissbluth, et al., Case No. 16 CH 10211.

Wexler will be paid at the hourly rate of $400.

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

Saul R. Wexler, member of the Law Offices of Saul R. Wexler,
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.

Wexler can be reached at:

     Saul R. Wexler, Esq.
     LAW OFFICES OF SAUL R. WEXLER
     70 W Madison Street
     Chicago, IL 60602
     Tel: (312) 558-9191

                     About 925 N Damen

925 N. Damen, LLC, based in Chicago, Ill., filed a Chapter 11
petition (Bankr. N.D. Ill. Case No. 16-35387) on November 4, 2016.
The Hon. Jack B. Schmetterer presides over the case. Ariel
Weissberg, Esq., at Weissberg & Associates, Ltd., serves 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 Simone Singer Weissbluth, manager of WMW Investments,
LLC, the Manager of Debtor.

A list of the Debtor's four unsecured creditors is available for
free at http://bankrupt.com/misc/ilnb16-35387.pdf


A.H. COOMDS: Hires Cohne Kinghorn as Special Counsel
----------------------------------------------------
A.H. Coombs, LLC seeks authorization from the U.S. Bankruptcy Court
for the District of Utah to employ Cohne Kinghorn, P.C. as special
litigation counsel.

As of the Petition Date, the Debtor was party to a Loan Workout
Agreement dated October 13, 2013, with the lender GVS Holdings, LLC
("GVS").

The Debtor has potential claims against GVS related to the Loan
Workout Agreement and the underlying transaction.

The Debtor requires the Cohne Kinghorn to:

       a. assist and advise the Debtor in connection with claims by
and against GVS, and represent the Debtor in contested matters,
adversary proceedings and other legal proceedings; and

       b. render legal advice and services to the Debtor regarding
such other non-bankruptcy matters as may arise from time to time
related to the GVS Claims.

Cohne Kinghorn lawyers who will work on the Debtor's case and their
hourly rates are:

       George Hofman               $320
       Kimberley L. Hansen         $230

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

George Hofman of Cohne Kinghorn, P.C., assured the Court that the
firm does not represent any interest adverse to the Debtor and its
estates.

Cohne Kinghorn may also seek to represent CHC Development Co.,
Inc., as special litigation counsel in matters related to the GVS
Claims.

Cohne Kinghorn  may be reached at:

      George Hofmann, Esq.
      Kimberley L. Hansen, Esq.
      Cohne Kinghorn, P.C.
      111 East Broadway, 11th Floor
      Salt Lake City, UT 84111
      Telephone: (801) 363-4300
      Facsimile: (801) 363-4378

                      About A. H. Coombs, LLC

CHC Development Co., Inc., was incorporated in 1976 to develop and
operate a business as the Green Valley Spa Resort.????A.H. Coombs,
LLC, was created about the same time to own and hold the real
property where CHC would operate the Spa Resort.  CHC Development
Co. and A.H. Coombs, LLC, filed Chapter 11 bankruptcy petitions
(Bankr. D. Utah. Case No. 16-25558 and 16-25559) on June 25,
2016.????The petitions were signed by Alan H. Coombs,
president.????CHC estimated assets at $0 to $50,000 and liabilities
at $100,001 to $500,000 at the time of the filing.????A.H. Coombs
estimated assets and debt at $0 to $50,000 at the time of the
filing.


ACCURIDE CORP: S&P Raises CCR to 'B', Off CreditWatch Positive
--------------------------------------------------------------
S&P Global Ratings said that it has raised its corporate credit
rating on Accuride Corp. to 'B' from 'B-' and removed the rating
from CreditWatch, where S&P placed it with positive implications on
Oct. 19, 2016.  The outlook is stable.

At the same time, S&P affirmed its 'B' issue-level rating on the
company's secured term loan due 2023.  The '3' recovery rating
remains unchanged, indicating S&P's expectation for meaningful
recovery (50%-70%; upper half of the range) in the event of a
payment default.

In addition, S&P withdrew its 'B-' issue-level rating and '4'
recovery rating on the company's senior notes because they were
redeemed.

"The upgrade follows the close of Crestview Partners' acquisition
of Accuride and reflects the company's improved incremental cash
flow (from the $11 million of expected interest expense savings
under the transaction) and the extension of its debt maturities,"
said S&P Global credit analyst Michael Durand.  "In our view, this
transaction will allow Accuride to deleverage because a portion of
the proceeds will be used to repay its debt."  S&P expects the
company's debt-to-EBITDA metric to improve to around 4.0x by
year-end 2016 from 5.2x as of June 30, 2016.  S&P believes that the
financial policies of the company's new financial sponsor will
support these more favorable credit metrics.

The stable outlook on Accuride reflect that, following its
acquisition by Crestview, S&P expects the company to maintain a
lower level of leverage such that its debt-to-EBITDA metric will
remain close to 4x over the next year.  Although S&P assumes that
North American class 8 commercial vehicle production will remain
weak in 2017, S&P believes the class 5-7 market will remain steady.
In addition, S&P notes that Accuride has increased the proportion
of its revenue that is derived from the nondiscretionary
aftermarket.

S&P could lower its ratings on Accuride during the next 12 months
if the company's debt-to-EBITDA metric exceeds 5x or its free
operating cash flow-to-debt ratio declines to less than 5% on a
sustained basis.  This could occur if the U.S. economy weakens in
2017, if commercial truck demand declines by more than S&P
anticipates, if the company loses significant business from its
major customers, or (less likely) if Crestview takes a more
aggressive financial stance.

Although unlikely over the next year, S&P could raise its ratings
on Accuride if the company improves its profitability such that its
EBITDA margins remain comfortably above 15% or if its international
growth strategy provides it with increased geographic diversity.


ALICIA BEARD: Disclosures OK'd; Plan Confirmation Hearing on Jan. 5
-------------------------------------------------------------------
The Hon. Stephen L. Johnson of the U.S. Bankruptcy Court for the
Northern District of California has approved Alicia Beard's
disclosure statement dated Oct. 20, 2016, referring to the Debtor's
plan of reorganization dated Oct. 20, 2016.

A hearing on the confirmation of the Plan is set for Jan. 5, 2017,
at 1:30 p.m.

The deadline for the Debtor to mail the ballots for acceptance or
rejection of the Plan (to impaired creditors), and to serve Notice
thereof to all creditors and parties-in-interest is Nov. 30, 2016.
The deadline for impaired creditors to return completed ballots to
the Debtor is Dec. 30, 2016.  The deadline for creditors and
parties-in-interest to file and serve objections to confirmation of
the Plan is Dec. 30, 2016.  The deadline for the Debtor to file
voting ballot tabulations is Jan. 3, 2017.

As reported by the Troubled Company Reporter on Oct. 27, 2016, the
Debtor filed a proposed combined plan of reorganization and
disclosure statement dated Oct. 20, 2016, providing that general
unsecured creditors will receive 100% of their allowed claims in 20
quarterly payments over five years.  Taxes and other priority
claims would be paid in full.

Alicia Beard filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Cal. Case No. 16-50855) on March 23, 2016.  Nam H. Le, Esq.,
at Jaurigue Law Group serves as the Debtor's bankruptcy counsel.


AMERICAN APPAREL: Taps Prime Clerk as Claims and Noticing Agent
---------------------------------------------------------------
American Apparel, LLC and its debtor-affiliates seek authorization
from the U.S. Bankruptcy Court for the District of Delaware to
employ Prime Clerk LLC as claims and noticing agent, nunc pro tunc
to the November 14, 2016 petition date.

The Debtors require Prime Clerk to:

   (a) prepare and serve required notices and documents in these
       chapter 11 cases in accordance with the Bankruptcy Code and

       the Federal Rules of Bankruptcy Procedure in the form and
       manner directed by the Debtors and the Court, including (i)

       notice of the commencement of these chapter 11 cases and
       the initial meeting of creditors under section 341(a) of
       the Bankruptcy Code, (ii) notice of any claims bar date,
       (iii) notices of transfers of claims, (iv) notices of
       objections to claims and objections to transfers of claims
       and exhibits for claims objections, (v) notices of any
       hearings on a disclosure statement and confirmation of the
       Debtors' plan or plans of reorganization, including under
       Bankruptcy Rule 3017(d), (vi) notice of the effective date
       of any plan and (vii) all other notices, orders, pleadings,

       publications and other documents as the Debtors or Court
       may deem necessary or appropriate for an orderly
       administration of these chapter 11 cases;

   (b) maintain an official copy of the Debtors' schedules of
       assets and liabilities and statements of financial affairs,

       listing the Debtors' known creditors and the amounts owed
       thereto;

   (c) maintain (i) a list of all potential creditors, equity
       holders and other parties-in-interest and (ii) a "core"
       mailing list consisting of all parties described in
       Bankruptcy Rules 2002(1), (j) and (k) and those parties
       that have filed a notice of appearance pursuant to
       Bankruptcy Rule 9010; update and make said lists available
       upon request by a party in interest or the Clerk;

   (d) furnish a notice to all potential creditors of the last
       date for filing proofs of claim and a form for filing a
       proof of claim, after such notice and form are approved by
       the Court, and notify said potential creditors of the
       existence, amount and classification of their respective
       claims as set forth in the Schedules, which may be effected

       by inclusion of such information on a customized proof of
       claim form provided to potential creditors;

   (e) maintain a post office box or address for the purpose of
       receiving claims and returned mail, and process all mail
       received;

   (f) for all notices, motions, orders or other pleadings or
       documents served, prepare and file or cause to be filed
       with the Clerk an affidavit or certificate of service
       within 7 business days of service which includes (i) either

       a copy of the notice served or the docket numbers and
       titles of the pleadings served, (ii) a list of persons to
       whom it was mailed with their addresses, (iii) the manner
       of service and (iv) the date served; (g) Process all proofs

       of claim received, including those received by the Clerk,
       check said processing for accuracy and maintain the
       original proofs of claim in a secure area;

   (g) process all proofs of claim received, including those
       received by the Clerk, check said processing for accuracy
       and maintain the original proofs of claim in a secure area;

   (h) maintain the official claims register for each Debtor
       on behalf of the Clerk; upon the Clerk's request, provide
       the Clerk- with certified, duplicate unofficial Claims
       Registers; and specify in the Claims Registers the
       following information for each claim docketed: (i) the
       claim number assigned, (ii) the date received, (iii) the
       name and address of the claimant and agent, if applicable,
       who filed the claim, (iv) the amount asserted, (v) the
       asserted classifications of the claim, (vi) the applicable
       Debtor and (vii) any disposition of the claim;

   (i) implement necessary security measures to ensure the
       completeness and integrity of the Claims Registers and the
       safekeeping of the original claims;

   (j) record all transfers of claims and provide any notices of
       such transfers as required by Bankruptcy Rule 3001(e);

   (k) relocate, by messenger or overnight delivery, all of the
       court-filed proofs of claim to the offices of Prime Clerk,
       not less than weekly;

   (l) upon completion of the docketing process for all claims
       received to date for each case, turn over to the Clerk
       copies of the Claims Registers for the Clerk's review;

   (m) monitor the Court's docket for all notices of appearance,
       address changes, and claims-related pleadings and orders
       filed and make necessary notations on and changes to the
       claims register and any service or mailing lists, including

       to identify and eliminate duplicative names and addresses
       from such lists;

   (n) identify and correct any incomplete or incorrect addresses
       in any mailing or service lists;

   (o) assist in the dissemination of information to the public
       and respond to requests for administrative information
       regarding these chapter 11 cases as directed by the Debtors

       or the Court, including through the use of a case website
       and call center;

   (p) monitor the Court's docket in these chapter 11 cases and,
       when filings are made in error or containing errors, alert
       the filing party of such error and work with them to
       correct any such error;

   (q) if these chapter 11 cases are converted to cases under
       Chapter 7 of the Bankruptcy Code, contact the Clerk's
       office within 3 days of notice to Prime Clerk of entry of
       the order converting the cases;

   (r) 30 days prior to the close of these chapter 11 cases, to
       the extent practicable, request that the Debtors submit to
       the Court a proposed order dismissing Prime Clerk as Claims

       and Noticing Agent and terminating its services in such
       capacity upon completion of its duties and responsibilities
       and upon the closing of these chapter 11 cases;

   (s) within 7 days of notice to Prime Clerk of entry of an order

       closing these chapter 11 cases, provide to the Court the
       final version of the Claims, Registers as of the date
       immediately before the close of the chapter 11 cases; and

   (t) at the close of these chapter 11 cases, (i) box and
       transport all original documents, in proper format, as
       provided by the Clerk's office, to (A) the Philadelphia
       Federal Records Center, 14700 Townsend Road, Philadelphia,
       PA 19154 or (B) any other location requested by the Clerk's

       office; and (ii) docket a completed SF-135 Form indicating
       the accession and location numbers of the archived claims.

Prime Clerk will be paid at these hourly rates:

       Analyst                      $30-$45
       Technology Consultant        $35-$70
       Consultant/Sr. Consultant    $65-$160
       Director                     $175-$195

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

Prior to the Petition Date, the Debtors provided Prime Clerk a
retainer in the amount of $40,000.

Michael J. Frishberg, co-president and chief operating officer of
Prime Clerk, 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.

Prime Clerk can be reached at:

       Shai Waisman
       PRIME CLERK LLC
       830 3RD Ave., 9th Floor
       New York, NY 10022
       Tel: (212) 257-5450
       E-mail: swaisman@primeclerk.com

                  About American Apparel, LLC.

American Apparel Inc. is one of the largest apparel manufacturers
in North America, employing 4,700 employees across 3 active
manufacturing facilities, one distribution facility and
approximately 110 retail stores in the United States.  

American Apparel and its affiliates filed for chapter 11 protection
in October 2015, confirmed a fully consensual plan of
reorganization in January 2016, and substantially consummated that
plan on Feb. 5, 2016.  Unfortunately, the business turnaround plan
upon which the Debtors' plan of reorganization was premised
failed.

American Apparel LLC, along with five of its affiliates, again
sought bankruptcy protection (Bankr. D. Del. Lead Case No.
16-12551) on Nov. 14, 2016, with a deal to sell the assets.  The
petitions were signed by Bennett L. Nussbaum, chief financial
officer.

As of the bankruptcy filing, the Debtors estimated assets and
liabilities in the range of $100 million to $500 million each.  As
of the Petition Date, the Debtors had outstanding debt in the
aggregate principal amount of approximately $215 million under
their prepetition credit facility.  Additionally, the Debtors have
guaranteed one of its United Kingdom subsidiaries' obligations
under a $15 million unsecured note due Oct. 15, 2020, court
document shows.

The Debtors have hired Laura Davis Jones, Esq. and James E.
O'Neill, Esq., at Pachulski Stang Ziehl & Jones LLP as counsel;
Erin N. Brady, Esq., Scott J. Greenberg, Esq., and Michael J.
Cohen, Esq., at Jones Day as co-counsel; Berkeley Research Group,
LLC as financial advisors; Houlihan Lokey as investment banker; and
Prime Clerk LLC, as claims and noticing agent.


ANATOLY DERIN: Disclosures Okayed, Plan Hearing on Dec. 13
----------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York will
consider approval of the Chapter 11 plan of reorganization of
Anatoly Derin at a hearing on December 13.

The hearing will be held at 10:30 a.m., at Courtroom 3585, 271-C
Cadman Plaza East, Brooklyn, New York.

The court on November 3 approved the Debtor's disclosure statement,
allowing her to start soliciting votes from creditors.  

The order set a December 6 deadline for creditors to file their
objections to confirmation of the plan, and a December 9 deadline
to cast their votes.

The Plan offers general unsecured creditors a pro rated payment of
15% of the total amount of unsecured debt over a period of 60
months.  Class IV Unsecured Claim will consist of the claims of
general unsecured creditors in the Debtor's case totaling
approximately $38,776.86.

The Plan will be financed from income generated from the Debtor's
self-employment.

The Second Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/nyeb15-41495-52.pdf

            About Anatoly Derin

Anatoly Derin, an IT specialist and resident of Brooklyn, New York,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D.N.Y. Case No. 15-41495) on April 3, 2015.  The Debtor is
represented by Alla Kachan, Esq.


ARMATO PAVING: Selling Assets to Pay U.S. Bank in Full
-------------------------------------------------------
Armato Paving filed with the U.S. Bankruptcy Court for the Northern
District of Illinois a third amended disclosure statement for the
Debtor's liquidating plan dated Nov. 8, 2016.

Under the Plan, U.S. Bank's $15,471.97 Class 1 claim will be paid
in full upon the sale of real estate collateral.

Class 3 Unsecured Creditors totaling $201,297.66 will be paid pro
rata balance, if any, after payment of second priority and
administrative claims.

The source of funds for payments are the sale of the Debtor's
assets.  This is a liquidating plan in which the sale of the
property is proposed to resolve debt.  All creditors in each class
are treated equally.  There are no insider pre-petition creditors
who are secured or who will receive any payment whatsoever.

The Third Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/ilnb15-25824-93.pdf

                       About Armato Paving

Armato Paving, Inc., is a privately held Illinois corporation
engaged in operating a paving company in Chicago Heights, IL. Under
existing management, the Debtor has operated the business since
1999.

On July 29, 2015, the Company filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ill. Case No. 15-25824).  Richard G. Larsen,
Esq., at Springer Brown, LLC -- rlarsen@springerbrown.com -- serves
as counsel to the Debtor.


ARTURO E. BOBADILLA: Unsecureds To Get $200 for 20 Quarters
-----------------------------------------------------------
Arturo Enrique Bobadilla filed with the U.S. Bankruptcy Court for
the Southern District of Florida a disclosure statement in support
of the Debtor's plan of reorganization.

On the Effective Date, each holder of Class III General Unsecured
Claims will receive, in full and final satisfaction of their
respective claims, a pro rata share of $200 per quarter for
payments one through 20 to be paid from the New Value payment of
the Debtor pursuant to the payment schedule established in the
Debtor's Disclosure Statement payment will commence upon the latter
of (i) the Effective Date or, (ii) the date on which a court order
approving payment of allowed unsecured claim becomes a final court
order and be paid according to this schedule:   

     1st Payment of $200 due by Dec. 10, 2016  
     2nd Payment of $200 due by March 10, 2017  
     3rd Payment of $200 due by June 10, 2017  
     4th Payment of $200 due by Sept. 10, 2017  
     5th Payment of $200 due by Dec. 10, 2017  
     6th Payment of $200 due by March 10, 2018  
     7th Payment of $200 due by June 10, 2018  
     8th Payment of $200 due by Sept. 10, 2018  
     9th Payment of $200 due by Dec. 10, 2018
     10th Payment of $200 due by March 10, 2019  
     11th Payment of $200 due by June 10, 2019  
     12th Payment of $200 due by Sept. 10, 2019  
     13th Payment of $200 due by Dec. 10, 2019  
     14th Payment of $200 due by March 10, 2020  
     15th Payment of $200 due by June 10, 2020  
     16th Payment of $200 due by Sept. 10, 2020  
     17th Payment of $200 due by Dec. 10, 2020  
     18th Payment of $200 due by March 10, 2021  
     19th Payment of $200 due by June 10, 2021  
     20th Payment of $200 due by Sept. 10, 2021  

Class III Claims are impaired.

Funds to be used to make cash payments under the Plan will derive
from these income sources: (i) the Debtor's rental income generated
by the investment properties, and (ii) income derived from his
occupation as a contractor.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/flsb16-19061-49.pdf

The Plan was filed by the Debtor's counsel:

     Elias Leonard Dsouza, Esq.
     DCS LAW GROUP, P.A.       
     111 N. Pine Island Road
     Suite 205         
     Plantation, Florida 33324       
     Tel: (954) 358-5911       
     Fax: (954) 357-2267       
     E-mail: dtdlaw@aol.com
     Website: www.DsouzaLegalGroup.com

Arturo Enrique Bobadilla filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 16-19061) on June 27, 2016.  Elias
Leonard Dsouza, Esq., serves as the Debtor's bankruptcy counsel.


ASCENT GROUP: Dec. 7 Hearing for PCO Appointment Set
----------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas sets a
hearing on December 7, 2016, to determine the issue of whether or
not a patient care ombudsman will be appointed for Ascent Group,
LLC.

As stated in the Order to show cause regarding the appointment of a
patient care ombudsman, the Court will order the appointment of a
patient care ombudsman within 30 days after the commencement of the
case, unless the Court finds that the appointment of such ombudsman
is not necessary for the protection of patients under the specific
facts of the case.

            About Ascent Group

Ascent Group, LLC, d/b/a Physicians ER Oak Lawn filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 16-34436), on November 14,
2016. The Petition was signed by Karen Kuo, member.  The case is
assigned to Judge Stacey G. Jernigan.  The Debtor is represented by
Marcus Alan Helt, Esq., Gardere Wynne Sewell LLP. At the time of
filing, the Debtor had estimated $1 million to $10 million in both
assets and liabilities.


ASSOCIATED THIRD: Taps Levene Neale as Bankruptcy Counsel
---------------------------------------------------------
Associated Third Party Administrators seeks authorization from the
U.S. Bankruptcy Court for the Central District of California to
employ Levene, Neale, Bender, Yoo & Brill LLP as bankruptcy
counsel, effective October 17, 2016.

The Debtor requires Levene Neale to:

   (a) advise the Debtors with regard to the requirements of the
       Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules and the

       Office of the United States Trustee as they pertain to the
       Debtors;

   (b) advise the Debtors with regard to certain rights and
       remedies of their bankruptcy estates and the rights, claims

       and interests of creditors;

   (c) represent the Debtors in any proceeding or hearing in the
       Bankruptcy Court involving their estates unless the Debtors

       are represented in such proceeding or hearing by other
       special counsel;

   (d) conduct examinations of witnesses, claimants or adverse
       parties and represent the Debtors in any adversary
       proceeding except to the extent that any such adversary
       proceeding is in an area outside of Levene Neale's
       expertise or which is beyond Levene Neale's staffing
       capabilities;

   (e) prepare and assist the Debtors in the preparation of
       reports, applications, pleadings and orders including, but
       not limited to, applications to employ professionals,
       interim statements and operating reports, initial filing
       requirements, schedules and statement of financial affairs,

       lease pleadings, cash collateral pleadings, financing
       pleadings, and pleadings with respect to the Debtors' use,
       sale or lease of property outside the ordinary course of
       business;

   (f) represent the Debtors with regard to obtaining use of
       debtor in possession financing and/or cash collateral
       including, but not limited to, negotiating and seeking
       Bankruptcy Court approval of any debtor in possession
       financing and/or cash collateral pleading or stipulation
       and preparing any pleadings relating to obtaining use of
       debtor in possession financing and/or cash collateral;

   (g) assist the Debtors in their anticipated asset sale process;

   (h) assist the Debtors in the negotiation, formulation,
       preparation and confirmation of a plan of reorganization
       and the preparation and approval of a disclosure statement
       in respect of the plan; and

   (i) perform any other services which may be appropriate in
       Levene Neale's representation of the Debtors during their
       bankruptcy cases.

Levene Neale will be paid at these hourly rates:

       Ron Bender              $595
       Eve Karasik             $575
       Jacqueline James        $555
       Lindsey Smith           $425
       Paraprofessionals       $250

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

During the one-year period prior to the Petition Date, the Debtors
paid the total sum of $75,000 to Levene Neale for legal services in
contemplation of and in connection with the  Debtors' chapter 11
cases (the "Retainer"), which Retainer is in addition to the
chapter 11 bankruptcy filing fee for each of the Debtors

Ron Bender, founding and managing partner of Levene Neale, 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.

Levene Neale can be reached at:

       Ron Bender, Esq.
       Jacqueline L. James, Esq.
       Eve H. Karasik, Esq.
       Lindsey L. Smith, Esq.
       LEVENE, NEALE, BENDER, YOO & BRILL L.L.P
       10250 Constellation Blvd Ste 1700
       Los Angeles, CA 90067
       Tel: (310) 229-1234
       Fax: (310) 229-1244
       E-mail: rb@lnbyb.com
               jlj@lnbyb.com
               ehk@lnbyb.com
               lls@lnbyb.com

         About Associated Third Party Administrators

Associated Third Party Administrators and its affiliate, Allied
Fund Administrators, LLC, are jointly the 6th largest third party
administration provider in the U.S.  ATPA operates in a niche
segment of the third party benefits administration industry
focusing on clients subject to Taft-Hartley (union) regulations.
ATPA provides billing, record keeping, accounting, claims
processing, reporting, adjudication, determination and other
services related to employee benefits under labor/management
trusts, employer benefit plans and collective bargaining
agreements.

ATPA was founded in 1994 as a result of the consolidation of two
long-established and well-regarded employee benefits administration
companies, C.W. Sweeney & Co. and Glen Slaughter & Pension
Services, Inc. ("UBPSI"), a Delaware corporation, in 2007, which
has not sought bankruptcy relief. UBPSI owns all of ATPA's stock.

In 2014, ATPA acquired the membership interest of AFA, a specialist
in Taft-Harley Act administration, by and through which ATPA
operates its trust benefits administration business.

Associated Third Party Administrators sought Chapter 11 protection
(Bankr. C.D. Cal. Case No. 16-23679) on Oct. 17, 2016.  Judge
Sandra R. Klein is assigned to the case.  ATPA estimated assets in
the range of $1 million to $10 million and  $10 million to $50
million in debt.

ATPA tapped Ron Bender, Esq., Jacqueline L James, Esq., Eve H
Karasik, Esq. and Lindsey L Smith, Esq. at Levene, Neale, Bender,
Yo & Brill LLP as counsel.

The petition was signed by Henry D. Ritter, president and chief
executive officer.


ATP OIL: Court Dismisses Intervenors' LOWLA Complaints
------------------------------------------------------
Judge Marvin Isgur of the United States Bankruptcy Court for the
Southern District of Texas, Houston Division, dismissed the
intervenors' complaints in the adversary proceeding captioned
DIAMOND OFFSHORE COMPANY, Plaintiff(s). v. BENNU OIL & GAS, LLC,
Defendant(s), Adversary No. 12-3425 (Bankr. S.D. Tex.).

Diamond Offshore Company initiated the lawsuit to determine (1) its
ownership of an overriding royalty interest (ORRI) in certain oil
and gas leases it acquired pursuant to a conveyance and farmout
agreement it entered into with ATP Oil & Gas Corp. in May 2009, and
(2) its ownership of the proceeds of production attributable to
that ORRI.  Service providers to ATP intervened in the suit,
seeking to establish a privilege under the Louisiana Oil Well Lien
Act (LOWLA) on proceeds from oil and gas production attributable to
Diamond's ORRI.

These Intervenors are: (1) Champion Technologies, Inc., (2)
Offshore Energy Services, Inc., (3) Barry Graham Oil Service,
L.L.C., (4) Harvey Gulf International Marine, L.L.C., (5) Hornbeck
Offshore Services, L.L.C., (6) Expeditors & Production Services,
Inc., (7) EPS Cargo Handlers, Inc., and (8) Franks' Casing Crew &
Rental Tools, Inc.

On August 19, 2016, the Court, in OHA Investment Corp. v. Bennu Oil
& Gas LLC. 2016 WL 6247613 (Bankr. S.D. Tex.), issued a Report and
Recommendation in which it concluded that a privilege under LOWLA
attaches to a subsequently transferred overriding royalty interest
if the transferee was provided actual notice of the privilege by
the claimant before the transferee acquired the royalty interest.


Diamond Offshore moved to dismiss the complaints in intervention,
arguing that the Court's conclusion requires dismissal of the
intervenors' complaints.   

Judge Isgur found that none of the iIntervenors' complaints alleged
that the claimant provided Diamond Offshore with actual notice of
its privilege under LOWLA before Diamond Offshore purchased its
ORRI.  The judge also found that no Intervenor has filed a reply
requesting an opportunity to file an amended complaint that would
cure the deficiency.  Accordingly, the intervenors' complaints were
dismissed.

The bankruptcy case is IN RE: ATP OIL & GAS CORPORATION, Chapter 7,
Debtor(s), Case No. 12-36187 (Bankr. S.D. Tex.).

A full-text copy of Judge Isgur's November 1, 2016 memorandum
opinion is available at https://is.gd/4ZUbTK from Leagle.com.

ATP Oil & Gas Corporation is represented by:

          Bonnie N. Hackler, Esq.
          HALL ESTILL ET AL
          320 South Boston Avenue, Suite 200
          Tulsa, OK 74103-3706
          Tel: (918)594-0400
          Fax: (918)594-0505

            -- and --

          Charles Stephen Kelley, Esq.
          MAYER BROWN LLP
          700 Louisiana Street, Suite 3400
          Houston, TX 77002-2730
          Tel: (713)238-3000
          Fax: (713)238-4888
          Email: ckelley@mayerbrown.com

            -- and --

          Timothy Aaron Million, Esq.
          HUGHES WATTERS ASKANSE
          1201 Louisiana, 28th Floor
          Houston, TX 77002
          Tel: (713)759-0818
          Fax: (713)759-6834
          Email: tmillion@hwa.com

            -- and --

          Kay A. Theunissen, Esq.
          MAHTOOK & LAFLEUR
          600 Jefferson St, 10th Floor
          Lafayette, LA 70501
          Tel: (337)266-2189
          Fax: (337)266-2303

Rodney D. Tow, Trustee, is represented by:

          Timothy Micah Dortch, Esq.
          Lauren Tow, Esq.
          COOPER & SCULLY, P.C.
          900 Jackson, Suite 100
          Dallas, TX 75202
          Tel: (214)712-9500
          Fax: (214)712-9540
          Email: micah.dortch@cooperscully.com
                 lauren.tow@cooperscully.com
                 
            -- and --

          Julie Mitchell Koenig, Esq.
          COOPER & SCULLY, P.C.
          815 Walker St., Suite 1040
          Houston, TX 77002
          Tel: (713)236-6800
          Fax: (713)236-6880
          Email: julie.koenig@cooperscully.com
                 
            -- and --

          William James Hotze, Esq.
          Kyung Shik Lee, Esq.
          Charles M. Rubio, Esq.
          Jason M. Rudd, Esq.
          DIAMOND MCCARTHY LLP
          Two Houston Center
          909 Fannin Street, 15th Floor
          Houston, TX 77010
          Tel: (713)333-5100
          Fax: (713)333-5199
          Email: whotze@diamondmccarthy.com
                 klee@diamondmccarthy.com
                 crubio@diamondmccarthy.com

            -- and --

          Theresa D. Mobley, Esq.
          Timothy L. Wentworth, Esq.
          Sean Thomas Wilson, Esq.
          CAGE, HILL & NIEHAUS, LLP
          5851 San Felipe Street, Suite 950
          Houston, TX 77057
          Tel: (713)789-0500
          Fax: (713)974-0344
          Email: tmobley@cagehill.com
                 tim.wentworth@cagehill.com
                 seanwilson@cagehill.com

US Trustee is represented by:

          Nancy Lynne Holley, Esq.
          Christine A. March, Esq.
          OFFICE OF THE US TRUSTEE
          515 Rusk Street, Suite 3516
          Houston, TX 77002
          Tel: (713)718-4650
          Fax: (713)718-4670

                       About ATP Oil

Houston, Texas-based ATP Oil & Gas Corporation was an international
offshore oil and gas development and production company focused in
the Gulf of Mexico, Mediterranean Sea and North Sea.

ATP Oil & Gas filed a Chapter 11 petition (Bankr. S.D. Tex. Case
No. 12-36187) on Aug. 17, 2012.  Attorneys at Mayer Brown LLP,
serve as bankruptcy counsel.  Munsch Hardt Kopf & Harr, P.C., is
the conflicts counsel.  Motley Rice LLC and Fayard & Honeycutt, APC
serve as special counsel.  Opportune LLP is the financial advisor
and Jefferies & Company is the investment banker.  Kurtzman Carson
Consultants LLC is the claims and notice agent.

ATP disclosed assets of $3.6 billion and $3.5 billion of
liabilities as of March 31, 2012.  Debt includes $365 million on a
first-lien loan where Credit Suisse AG serves as agent.  There is
$1.5 billion on second-lien notes with Bank of New York MellonTrust
Co. as agent.  ATP's other debt includes $35 million on convertible
notes and $23.4 million owing to third parties for their shares of
production revenue.  Trade suppliers have  claims for $147 million,
ATP said in a court filing.

An official committee of unsecured creditors has been appointed in
the case.  Evan R. Fleck, Esq., at Milbank, Tweed, Hadley &
McCloy, in New York, represents the Creditors Committee as
counsel.

A seven-member panel of equity security holders has also been
appointed in the case.  Kyung S. Lee, Esq., and Charles M. Rubio,
Esq. of Diamond McCarthy LLP, in Houston, Texas, serve as counsel
to the Equity Committee.

Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, issued an order on June 26,
2014, converting ATP Oil & Gas Corporation's Chapter 11 case to
one under Chapter 7 of the Bankruptcy Code.  


AUTO TRANSPORT: Hires Andrew Moher as General Bankruptcy Counsel
----------------------------------------------------------------
Auto Transport Leasing, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
Andrew A. Moher and The Law Offices of Andrew A. Moher as general
bankruptcy counsel.

The Debtor requires the law firm to:

   (a) advise and consult with the Debtor concerning questions
       arising in the conduct of the administration of the estate
       and concerning the Debtor's rights, remedies, and
       responsibilities with regard to the estate's assets and
       claims of creditors and other parties in interest;

   (b) appear for, prosecute, defend, and represent the Debtor's
       interest in suits arising in or related to the case; and

   (c) assist in the preparation of pleadings, motions, notices,
       and orders as required for the orderly administration of
       the estate, and to consult with and advise the Debtor in
       connection with the operation of, or termination of the
       business of the Debtor.

The firm will be paid at these hourly rates:

       Andrew A. Moher         $350
       Paralegal               $120

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

A retainer of $15,000 was paid on October 12, 2016, of which $2,975
was billed pre-petition. In addition, the Debtor paid the $1,717
court filing fee.

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

The firm can be reached at:

       Andrew Moher, Esq.
       LAW OFFICE OF ANDREW A MOHER
       10505 Sorrento Valley Rd, Suite 430
       San Diego, CA 92121
       Tel: (619) 269-6204
       Fax: (619) 923-3303
       E-mail: amoher@moherlaw.com

Auto Transport Leasing, Inc., based in Murrieta, Calif., filed a
Chapter 11 petition (Bankr. C.D. Calif. Case No. 16-19243) on
October 18, 2016. The Hon. Scott H. Yun presides over the case.
Andrew Moher, Esq. serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Steven L.
Cocking, CEO.

A list of the Debtor's two unsecured creditors is available for
free at http://bankrupt.com/misc/cacb16-19243.pdf


AUTO TRANSPORT: Names Timothy Kelley as Accountant
--------------------------------------------------
Auto Transport Leasing, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
Timothy M. Kelley as accountant.

The Debtor requires Mr. Kelley to advise and consult with the
Debtor concerning tax planning and tax advice, and to prepare
annual tax returns for the Debtor.

Mr. Kelley will be compensated at $295 per hour.

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

Mr. Kelley 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:

       Timothy M. Kelley
       3911 Merrill Avenue
       Riverside, CA 92506
       Tel: (951) 683-1400

Auto Transport Leasing, Inc., based in Murrieta, Calif., filed a
Chapter 11 petition (Bankr. C.D. Calif. Case No. 16-19243) on
October 18, 2016. The Hon. Scott H. Yun presides over the case.
Andrew Moher, Esq. serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Steven L.
Cocking, CEO.

A list of the Debtor's two unsecured creditors is available for
free at http://bankrupt.com/misc/cacb16-19243.pdf


AUTO TRANSPORT: Taps Erika Lopez as Bookkeeper
----------------------------------------------
Auto Transport Leasing, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
Erika Lopez as bookkeeper.

The Debtor requires Ms. Lopez to advise and consult with the Debtor
concerning financial statements, cash flow projections, profit-loss
statements, and to prepare monthly operating reports.

Ms. Lopez will be compensated at $25 per hour.

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

Ms. Lopez 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 bookkeeper can be reached at:

       Erika Lopez
       27854 Adams Avenue
       Sun City, CA 92585
       Tel: (951) 570-4803
       E-mail: lerica927@hotmail.com

Auto Transport Leasing, Inc., based in Murrieta, Calif., filed a
Chapter 11 petition (Bankr. C.D. Calif. Case No. 16-19243) on
October 18, 2016. The Hon. Scott H. Yun presides over the case.
Andrew Moher, Esq. serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Steven L.
Cocking, CEO.

A list of the Debtor's two unsecured creditors is available for
free at http://bankrupt.com/misc/cacb16-19243.pdf


AVENUE C TENANTS: Hires Barry Mallin as Real Estate Counsel
-----------------------------------------------------------
Avenue C Tenants HDFC seeks authorization from the U.S. Bankruptcy
Court for the southern District of New York to employ Barry Mallin
& Associates PC as special real estate counsel.

The Debtor operates a mixed-use property located at 73-75 Avenue C,
New York, New York (the "Property"), which consists of 16
affordable, rent-stabilized apartments and two commercial spaces.
The Property is currently subject to a foreclosure action
initiated.

The Debtor continues to operate its business and manage its
property as a debtor in possession.

On July 28, 2016, the Debtor filed its Plan of Reorganization of
Avenue C Tenants HDFC and on August 25, 2016 the Debtor filed its
Disclosure Statement for the Plan.

The Debtor requires Barry Mallin to provide advice and counsel
regarding the Debtor's proposed conversion from its current
corporate status as an HDFC (Housing Development Fund Companies) to
a housing cooperative so that it may sell two vacant properties to
fund its Plan.

Attorneys at Barry Mallin will be paid $350 an hour for their
services.  Barry Mallin will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Aside from the hourly rates, Barry Mallin charges a flat fee for
certain services and depending on the type of transfer to be
effectuated.

Barry Mallin requesting a retainer in the amount of $1,500.

Barry Mallin, partner at Barry Mallin & Associates PC, 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.

Barry Mallin may be reached at:

      Barry Mallin
      Barry Mallin & Associates PC
      132 Nassau Street
      New York, NY 10038
      Phone: 212-285-1200
      Fax: 212-285-1202
      
                     About Avenue C Tenants

Avenue C Tenants HDFC operates a mixed-use property located at
73-75 Avenue C, New York, New York (the "Property"), which consists
of 16 affordable, rent-stabilized apartments and two commercial
spaces.????The Property is currently subject to a foreclosure
action initiated by NYCTL 2013-A TRUST and The Bank of New York
Mellon as Collateral Agent and Custodian, which claim has been
assigned to NYCTL 1998-2 Trust and The Bank of New York Mellon as
Collateral Agent and Custodian, the holder of a real estate tax
lien against the Property.????As a result of New York City
Department of Housing Preservation and Development's Community
Management Program, the Debtor was created as an HDFC and was
issued a deed to the Property in 1981.

Avenue C Tenants HDFC filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 16-11209) on April 29, 2016.????The Hon. Stuart M.
Bernstein presides over the case.????Arnold Mitchell Greene, Esq.,
at Robinson Brog Leinwand Greene Genovese & Gluck, P.C., serves as
counsel to the Debtor.????In its petition, the Debtor disclosed
assets of $2.04 million and liabilities of $1.28 million.????The
petition was signed by Herman Hewitt, senior vice president.


AVENUE C TENANTS: Hires Damon CPAs as Accountants
-------------------------------------------------
Avenue C Tenants HDFC seeks authorization from the U.S. Bankruptcy
Court for the southern District of New York to employ Donald Damon,
CPA as accountants to the Debtor.

The Debtor operates a mixed-use property located at 73-75 Avenue C,
New York, New York, which consists of 16 affordable,
rent-stabilized apartments and two commercial spaces. The Property
is currently subject to a foreclosure action initiated.

The Debtor continues to operate its business and manage its
property as a debtor in possession.

On July 28, 2016, the Debtor filed its Plan of Reorganization of
Avenue C Tenants HDFC (the "Plan") and on August 25, 2016 the
Debtor filed its Disclosure Statement for the Plan (the "Disclosure
Statement").

The Debtor seeks authority to employ Damon as its accountant to
prepare tax returns for years ending 2013, 2014 and 2015.  Upon
completion of its missing tax returns, the Debtor is confident it
will be able to procure exit financing sufficient to satisfy the
claims of the Trusts. Once a commitment for exit financing is
obtained, the Debtor will then seek to amend the Plan to provide
for a reorganization premised on exit financing.

Damon CPAs and professional who will work on the Debtor's case and
their hourly rates are:

          Donald Damon               $400
          Barry Milberg              $450
          other employees            $250-$450

Damon is also requesting a retainer in the amount of $7,500.

Donald Damon, CPA, 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.

Damon may be reached at:

        Donald Damon, CPA
        2019 Court North Drive
        Melville, NY 11747
        Tel: 631-213-2007
        Mobile: 631-921-1180
        Fax: 631-782-2283
        E-mail: don@ddcpaco.com

                     About Avenue C Tenants

Avenue C Tenants HDFC operates a mixed-use property located at
73-75 Avenue C, New York, New York, which consists of 16
affordable, rent-stabilized apartments and two commercial
spaces.????The Property is subject to a foreclosure action
initiated by NYCTL 2013-A TRUST and The Bank of New York Mellon as
Collateral Agent and Custodian, which claim has been assigned to
NYCTL 1998-2 Trust and The Bank of New York Mellon as Collateral
Agent and Custodian, the holder of a real estate tax lien against
the Property.????As a result of New York City Department of Housing
Preservation and Development's Community Management Program, the
Debtor was created as an HDFC and was issued a deed to the Property
in 1981.

Avenue C Tenants HDFC filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 16-11209) on April 29, 2016.????The Hon. Stuart M.
Bernstein presides over the case.????Arnold Mitchell Greene, Esq.,
at Robinson Brog Leinwand Greene Genovese & Gluck, P.C., serves as
counsel to the Debtor.????In its petition, the Debtor disclosed
assets of $2.04 million and liabilities of $1.28 million.????The
petition was signed by Herman Hewitt, senior vice president.


BANDERA POINTE: Hires Colglazier as Real Estate Broker
------------------------------------------------------
Bandera Pointe Hospitality, LP, seek authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ
Colglazier Properties, Inc. as real estate broker to the Debtor.

Bandera Pointe requires Colglazier to:

   a. market the Debtor's real property for sale known as 1.436
      acres, Lot 1, Block 1, New City Block 19069, Addersley
      Subdivision, San Antonio, Bexar County, Texas;

   b. show the property to potential purchasers;

   c. assist in the closing of the sale of the real property; and

   d. assist the Debtor's bankruptcy counsel in matters relevant
      to the sale of the real property.

Colglazier will be paid 6% commission of the sales price.

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

John Durbin, member of Colglazier Properties, Inc., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Colglazier can be reached at:

     John Durbin
     COLGLAZIER PROPERTIES, INC.
     1000 E. Basse Road, Suite 100
     San Antonio, TX 78209
     Tel: (210) 821-5644

                       About Bandera Pointe

Bandera Pointe Hospitality, LP, based in San Antonio, TX, filed a
Chapter 11 petition (Bankr. W.D. Tex. Case No. 16-52021) on
September 6, 2016. The Hon. Ronald B. King presides over the case.
William B. Kingman, Esq., at the law office of William B. Kingman,
PC, 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 Alpesh Patel, manager.



BASIC ENERGY: Hires Andrews Kurth as Corporate Counsel
------------------------------------------------------
Basic Energy Services, Inc., and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the District of
Delaware to employ Andrews Kurth Kenyon LLP as corporate counsel,
nunc pro tunc to October 25, 2016.

The Debtors require AK to render:

     a. general corporate and securities representation, including
periodic reporting and filings with the U.S. Securities and
Exchange Commission, Section 16 reporting, correspondence and
advice with respect to the New York Stock Exchange, governance
matters, potential offerings of debt and equity securities and
potential rights offerings;

     b. financing and general business transactions representation,
including negotiation and drafting of new debt instruments,
negotiation of amendments, waivers and forbearances to existing
debt instruments, matters related to the perfection of securities
interests and oil and gas matters;

     c. labor and employment matters, including regulatory
representation with respect to an audit by the U.S. Department of
Labor and employee retention and hiring matters;

     d. benefits and compensation matters, including drafting and
amending equity incentive plans and related grant agreements,
drafting and negotiating management incentive plans;

     e. environmental matters;

     f. intellectual property matters;

     g. general litigation matters; and

     h. ancillary bankruptcy-related matters.

AK will be paid at these hourly rates:

      Partners and Counsel          $475-$1,300
      Associates                    $325-$725
      Paraprofessionals             $225-$395

Within the year prior to the Petition Date, AK has received
$1,493,034.60 in total fees from the Debtors. Of this amount,
$199,688.50 related to advice on restructuring matters and
$1,293,346.10 related to all other representative matters. AK has
received and holds a retainer as security for payment for services
to be performed and reimbursement of related expenses of
$101,713.52.

Timothy A. "Tad" Davidson II, Esq., partner of the law firm Andrews
Kurth Kenyon LLP, assured the Court that the firm does not
represent any interest adverse to the Debtors and their estates.

AK may be reached at:

      Timothy A. "Tad" Davidson II, Esq.
      Andrews Kurth Kenyon LLP
      600 Travis, Suite 4200
      Houston, TX 77002
      Phone: +1.713.220.3810
      Fax: +1.713.220.4285

                About Basic Energy Services

Forth Worth, Texas-based Basic Energy Services, Inc. (NYSE: BAS)--
http://www.basicenergyservices.com/??--provides well site services
to more than 2,000 land-based oil and natural gas producing
companies throughout the United States.

Basic Energy Services, Inc. and 27 affiliated companies filed
petitions (Bankr. D. Del. Lead Case No. 16-12320) on Oct. 25,
2016.

The cases have been assigned to Judge Kevin J. Carey. The Debtors
have filed a fully consensual Joint Prepackaged Chapter 11 Plan and
Disclosure Statement and began soliciting votes to accept or reject
such Prepackaged Plan and Disclosure Statement before the Petition
Date. The Debtors are seeking Court approval of the Disclosure
Statement and Prepackaged Plan on Dec. 7, 2016.

The Debtors have hired Weil, Gotshal & Manges LLP as legal counsel;
Richards, Layton & Finger, P.A. as Delaware counsel; and Moelis &
Company LLC as financial advisor.  KPMG LLP serves as auditor and
tax consultant; AP Services, LLC serves as crisis managers; and
Epiq Bankruptcy Solutions, LLC as administrative agent.

Counsel to the Prepetition Term Loan Lenders and certain of the DIP
Lenders in the Chapter 11 cases of Basic Energy Services, Inc., et
al. are Davis Polk & Wardwell LLP's Marshall S. Huebner, Esq., and
Darren S. Klein, Esq.; and Jeremy W. Ryan, Esq., at Potter Anderson
& Corroon LLP.

Counsel to U.S. Bank National Association, as Prepetition Term Loan
Agent and acting as administrative agent and collateral agent, are
Theodore Sica, Esq., and Nicholas B. Vislocky, Esq., at Lowenstein
Sandler LLP. A consortium of lenders led by U.S. Bank is extending
a superpriority secured multiple delayed-draw term loan facility to
the Debtors in an aggregate principal amount of $90 million.

Counsel to Bank of America, N.A., in its capacity as the
Prepetition ABL Agent are James A. Markus, Esq., and Paul E. Heath,
Esq., at Vinson & Elkins LLP; and Morris, Nichols, Arsht & Tunnell
LLP's Robert J. Dehney, Esq. and Eric D. Schwartz, Esq.

An ad hoc group of holders that own or manage with the authority to
act on behalf of the beneficial owners of the Company's 2019 Senior
Notes and the 2022 Senior Notes, consists of:

         -- Ascribe Capital LLC,??????????
         -- Brigade Capital Management, L.P. and?????????????
         -- Silver Point Capital, L.P., and?????????????
         -- other entities that may join such ad hoc group from
time??to time.

Counsel to the Ad Hoc Group are Fried, Frank, Harris, Shriver &
Jacobson LLP's Brad Eric Scheler, Esq., and Peter Siroka, Esq.; and
Michael D. DeBaecke, Esq., at Blank Rome LLP.


BEAR CREEK PARTNERS: Can Use DOF IV REIT Cash Until Dec. 5
----------------------------------------------------------
Kelly M. Hagan, Chapter 11 Trustee of Bear Creek Partners II,
L.L.C., and Bear Creek Retail Partners II LLC, sought and obtained
from Judge John T. Gregg of the U.S. Bankruptcy Court for the
Western District of Michigan, authorization to continue using cash
collateral until Dec. 5, 2016.

DOF IV REIT Holdings, LLC, the only entity with an interest in the
cash collateral to be used by the Chapter 11 Trustee, consented to
the continued use of the same.  DOF IV REIT has a secured claim in
the amount of $25,687,034.

The Court previously entered a Final Order authorizing the use of
cash collateral until Nov. 30, 2016.

Debtor Bear Creek Partners II, LLC owns what is known as the Bear
Creek Meadows Apartments, a 240-unit multi-family apartment
property.  Debtor Bear Creek Retail Partners II LLC owns what is
known to as the Bar Creek Crossings.  Both properties are located
in Bear Creek Township Emmet County, Michigan.

The Chapter 11 Trustee contended that it was necessary for her to
continue using the cash collateral beyond Nov. 30, 2016 and up to a
point in time when she consummates the sale of the Debtor's assets.
The Chapter 11 Trustee further contended that she required the
immediate postpetition use of cash collateral in order to continue
to operate and maintain the Debtors' properties in an orderly
manner during the pendency of the chapter 11 cases.

The Chapter 11 Trustee related that her ability to use cash
collateral will allow her to, among other things, maintain business
relationships with vendors and suppliers, pay the fees of
management for the maintenance of the property, pay the fees of
leasing staff responsible for keeping the property fully leased,
and satisfy other ordinary operational costs, including rent, taxes
and insurance, pending a sale of the Debtor's assets.

The Chapter 11 Trustee anticipated that she will receive minimum
net proceeds in the amount of $27.8 million from the sale of the
Debtors' assets.

DOF IV REIT was granted replacement liens and adequate protection
liens.

A full-text copy of the Chapter 11 Trustee's Motion, dated Nov. 18,
2016, is available at
http://bankrupt.com/misc/BearCreek2016_1602553jtg_329.pdf

A full-text copy of the Order, dated Nov. 18, 2016, is available at

http://bankrupt.com/misc/BearCreek2016_1602553jtg_330.pdf

              About Bear Creek Partners II

Bear Creek Partners II, L.L.C., and Bear Creek Retail Partners II
LLC filed chapter 11 petitions (Bankr. W.D. Mich. Case Nos.
16-02553 and 16-02554) on May 6, 2016.  

Each Debtor estimated assets and liabilities at $10 million to $50
million at the time of the filing.  

The Debtors are represented by  Jay L. Welford, Esq., at Jaffe,
Raitt, Heuer & Weiss, PC and Robert R. Wardrop, Esq., at Wardrop &
Wardrop PC.

Lawyers at Wardrop & Wardrop, P.C., represent the creditors'
committee.

Kelly M. Hagan has been named as the Chapter 11 bankruptcy trustee
for the Debtors' estates.  Her own law firm, Hagan Law Offices PLC,
serves as the Trustee's counsel.


BETH MBURU: Unsecureds To Recoup 100% Over Four Years
-----------------------------------------------------
Beth W. Mburu filed with the U.S. Bankruptcy Court for the District
of Massachusetts an amended disclosure statement regarding the
Debtor's plan of reorganization dated Nov. 9, 2016.

General unsecured creditors are classified in Class 4, and will
receive a distribution of 100% of their allowed claims, to be
distributed as: 4% on the effective date and then four annual
payments of 24% of their claim commencing on the Effective Date of
the Plan.  The Debtor may prepay.

Payments and distributions under the Plan will be funded b salary
and rental income from the Debtor's property.

The Amended Disclosure Statement is available at:

            http://bankrupt.com/misc/mab14-15586-270.pdf

The Plan was filed by the Debtor's counsel:

     Herbert Weinberg, Esq.
     Rosenberg & Weinberg
     805 Turnpike Street, Suite 2014
     North Andover, MA 01845
     Tel: (978) 683-2479
     E-mail: hweinberg@jrhwlaw.com

Beth W. Mburu is an individual who owns and manages a multi-unit
property in Dorchester, Massachusetts, in addition to her own
residence.  The Debtor also has additional income from his
employment as a nurse.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Mass. Case No. 14-15586).


BIRCH COMMUNICATIONS: S&P Affirms 'B' CCR; Outlook Stable
---------------------------------------------------------
S&P Global Ratings said it affirmed its 'B' corporate credit rating
on Atlanta-based Birch Communications Holdings Inc.  The outlook is
stable.

At the same time, S&P affirmed the 'B' issue-level rating on the
company's secured debt, with a recovery rating of '3', indicating
S&P's expectation for substantial (50%-70%; upper half of the
range) recovery in the event of payment default.

S&P removed all ratings from CreditWatch, where it had placed them
with negative implications on Sept. 30, 2016 because of the
company's tight leverage covenant cushion under its senior secured
bank credit facility.

"The ratings affirmation reflects our expectation that Birch no
longer faces a potential near-term covenant breach," said S&P
Global Ratings credit analyst Scott Tan.

Birch recently amended its financial maintenance covenants in its
senior secured credit facility agreement, which increased the
maximum net leverage ratio to 4.25x from 3.5x in 2016.  The amended
covenant steps down to 4.0x in June 2017 and 3.75x in September
2018.  S&P now expects about a 20% cushion to its adjusted EBITDA
in 2016 compared to potential covenant violations pre-amendment.
Additionally, S&P expects similar cushion levels in 2017 and
believe the company's amendment removes any risk of covenant breach
over the next two years.

The stable outlook reflects S&P's expectation that leverage will
remain under 4x over the next year despite its expectation for
revenue declines and some margin compression.


BMC MASONRY: Hires RJ Montgomery as Auctioneer
----------------------------------------------
BMC Masonry, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Eastern District of Michigan to employ R.J.
Montgomery & Assoc., Inc. as auctioneer with regards to marketing
and selling the Debtor's assets and personal property.

RJ Montgomery will be charging all successful bidders a 15% buyer's
premium as commission.

RJ Montgomery will also be reimbursed $1,500 as out-of-pocket
expenses for advertising and labor.

Richard J. Montgomery 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.

RJ Montgomery can be reached at:

       Richard J. Montgomery
       R.J. MONTGOMERY & ASSOC., INC.
       695 Amelia Street
       Plymouth, MI 48170
       Tel: (734) 459-2323
       Fax: (734) 459-2524

                        About BMC Masonry

BMC Masonry, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 16-54170) on Oct. 17,
2016.   At the time of the filing, the Debtor estimated assets of
less than $100,000 and liabilities of less than $1 million.



BONNIE LEE MAES: Disclosures Okayed, Plan Hearing on Dec. 19
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Oregon is set to hold
a hearing on Dec. 19 to consider approval of Bonnie Lee Mae's
proposed Chapter 11 plan dated October 5.

The hearing will be held at 1:30 p.m., at Courtroom 4, 7th Floor,
1001 SW 5th Avenue, Portland, Oregon.

The court on November 3 approved the disclosure statement which
explains the plan, allowing the Debtor to start soliciting votes
from creditors.  

The order requires creditors to cast their votes and file their
objections to confirmation of the plan no later than seven days
before the hearing.

               About Bonnie Lee Maes

Bonnie Lee Maes sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ore. Case No. 15-35768).


BOSS INVESTMENTS: Hires Kelly Warner as Counsel
-----------------------------------------------
Boss Investments, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Arizona to employ Kelly Warner, PLLC, as
counsel to the Debtor.

Boss Investments requires Kelly Warner to:

   a. give the Debtor legal advice and assistance as to its
      powers and duties as a debtor-in-possession in the
      continued operation of its affairs;

   b. provide legal advice and assistance to the Debtor as is
      necessary to preserve and protect assets, to arrange for a
      continuation of the working capital and other financing, to
      prepare all necessary applications, answers, orders,
      reports and other legal documents, including the drafting
      of a plan of reorganization and disclosure statement and
      other related pleadings and documents; and

   c. provide other legal services as may be necessary during the
      course of the bankruptcy proceedings.

Kelly Warner will be paid at these hourly rates:

     Daniel R. Warner                $325
     Paralegal                       $150
     Legal Assistant                 $70

Kelly Warner will be paid a retainer in the amount of $30,000.

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

Daniel R. Warner, member of Kelly Warner, PLLC, 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.

Kelly Warner can be reached at:

     Daniel R. Warner, Esq.
     Aaron M. Kelly, Esq.
     KELLY WARNER, PLLC
     8283 N. Hayden Road, Suite 229
     Scottsdale, AZ 85258
     Tel: (480) 331-9397
     Fax: (866) 961-4984
     Email: dan@kellywarnerlaw.com
            aaron@kellywarnerlaw.com

                     About Boss Investments

Boss Investments, LLC, based in Gilbert, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-12290) on October 26, 2016.
The Hon. Madeleine C. Wanslee presides over the case. Daniel R.
Warner, at Kelly Warner, PLLC, as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Michael
Harris, manager.

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



BPS US HOLDINGS: Hires Ordinary Course of Professionals
-------------------------------------------------------
BPS US Holdings, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ these
professionals in the ordinary course:

   Professional Name            Services
   -----------------            --------
   Alston & Bird LLP            Provide legal services related to
                                intellectual property

   Baker & Mckenzie             Provide legal services, including
                                regarding foreign law

   Banner & Witcoff, Ltd.       Manage patent portfolio for
                                hockey sticks

   Black Helterline LLP         Provide legal services relating
                                to employee immigration matters

   C.V. Snb???React U.A.          Provide services, including
                                customs registration and legal
                                services, related to the Debtors'
                                anti???counterfeiting efforts

   CBIZ Tofias                  Provide Tax Services including
                                preparation of US tax returns

   Davies Ward Phillips
   & Vineberg LLP               Provide legal services related to
                                advertising and competition

   Davis, LLP                   Provide legal services related to
                                labor and employment in Canada

   Deloitte & Touche            Provide Canadian and US Tax
                                Services

   Dinse Knapp & Mcandrew P.C.  Provide services for Vermont
                                business filings and serve as
                                designee for service of process
                                in Vermont

   DLA Piper(Canada) LLP        Provide legal services related to
                                labor and employment in Canada

   Dykema Gossett Pllc          Provide legal services related to
                                consumer protection

   Edwards Wildman Palmer LLP   Provide legal services related to
                                labor and employment

   Fasken Martineau
   Dumoulin LLP                 Provide legal services related to
                                regulatory approvals for products

   Gestion Recherche
   Conseil(GRC)                 Provides tax services including
                                relating to the calculation of
                                tax credits in Canada

   Goulston & Storrs            Provide legal services related to
                                use of independent service
                                providers in Asia

   Honigman Miller
   Schwartz & Cohn LLP          Provide legal support for
                                litigation matter in Michigan

   IP Breach Ltd                Provide services, including
                                customs registration and
                                training, related to Debtors'
                                anti???counterfeiting efforts

   Kelley Drye & Warren LLP     Provide legal services related to
                                competition and advertising

   Kestenberg Siegal
   Lipkus LLP                   Provide legal services related to
                                anti???counterfeiting efforts in
                                Canada

   LightGabler LLP              Provide legal services relating
                                to employment matters

   Lindquist & Vennum LLP       Provide local legal advice
                                related to Bloomington, MN retail
                                store

   Locke Lord LLP               Provide legal services related to
                                labor and employment

   Loyens & Loeff               Provide legal/tax advice

   Mcguire Woods                Provide legal services related to
                                customs

   Mclane Graf Raulerson        Provide miscellaneous legal
                                services related to operations in
                                NH

   Nixon Peabody LLP            Provide legal services relating
                                to IP and creditor???side
bankruptcy
                                matters

   Perkins Coie LLP             Provide legal services relating
                                to patents and patent litigation

   Pierce Atwood LLP            Provide miscellaneous legal
                                services including management of
                                trademark portfolio for Easton,
                                Cascade and Maverik

   PWC                          Provide assistance related to
                                internal control classifications

   Rice Dolan & Kershaw         Provide legal services related to
                                an ongoing product liability
                                claim in RI involving an Itech
                                goalie mask

   RSM US LLP
  (formerly McGladrey)          Provide assistance testing
                                Sarbanes???Oxley controls

   Russin & Vecchi              Provide legal services related to
                                lease in Taiwan

   Ryan ULC                     Provide consulting services
                                regarding recapturing Canadian
                                taxes

   Schmitt & Orlov              Provide legal services related to
                                anti???counterfeiting in China

   Shusaku Yamamoto             Outside Counsel-Japan

   Skadden Arps Slate Meagher   Provide miscellaneous legal
                                services related to mergers,
                                acquisitions and litigation

   Smart & Biggar               Provide legal services related to
                                IP portfolio

   Strongin Rothman &
   Abrams,LLP                   Provide legal services, including
                                on litigation in Connecticut
                                Superior Court

   Tax Credit Co.               Provides tax services relating to
                                the calculation of tax credits in
                                the US

   Torys LLP                    Provide legal services related to
                                regulatory and competition issues
                                in Canada

   Valuation Research
   Corp.(VRC)                   Provide valuation services
                                related to goodwill & intangible
                                assets

                       About BPS US Holdings

Exeter, N.H.-based Performance Sports Group Ltd. (NYSE: PSG) (TSX:
PSG) -- http://www.PerformanceSportsGroup.com/-- is a developer
and manufacturer of ice hockey, roller hockey, lacrosse, baseball
and softball sports equipment, as well as related apparel and
soccer apparel. Its products are marketed under the BAUER, MISSION,
MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are
distributed by sales representatives and independent distributors
throughout the world. In addition, the Company distributes its
hockey products through its Burlington, Massachusetts and
Bloomington, Minnesota Own The Moment Hockey Experience retail
stores.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates have filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc.; Bauer Hockey, Inc.;
Easton Baseball/Softball Inc.; Bauer Hockey Retail Inc.; Bauer
Performance Sports Uniforms Inc.; Performance Lacrosse Group Inc.;
BPS Diamond Sports Inc.; and PSG Innovation Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton Baseball
/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.; BPS
Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors have hired Paul, Weiss, Rifkind, Wharton & Garrison LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; Ernst & Young LLP as CCAA monitor; and Prime Clerk LLC as
notice, claims, solicitation and balloting agent.



BPS US HOLDINGS: Hires Prime Clerk as Administrative Agent
----------------------------------------------------------
BPS US Holdings, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Prime
Clerk, LLC as administrative agent to the Debtors.

BPS US Holdings requires Prime Clerk to:

   a. assist with, among other things, solicitation, balloting,
      and tabulation of votes, and prepare any related reports,
      as required in support of confirmation of a chapter 11
      plan, and in connection with such services, process
      requests for documents from parties in interest, including,
      if applicable, brokerage firms, bank back-offices, and
      institutional holders;

   b. prepare an official ballot certification and, if necessary,
      testify in support of the ballot tabulation results;

   c. assist with the preparation of the Debtors' schedules of
      assets and liabilities and statements of financial affairs
      and gather data in conjunction therewith;

   d. provide a confidential data room, if requested;

   e. manage and coordinate any distributions pursuant to a
      chapter 11 plan; and

   f. provide such other processing, solicitation, balloting, and
      other administrative services described in the Engagement
      Agreement, but not included in the Section 156(c)
      Application, as may be requested from time to time by the
      Debtors, the Court or the Office of the Clerk of the
      Bankruptcy Court (the "Clerk").

Prime Clerk will be paid at these hourly rates:

   Claims and Noticing Rates

     Analyst                              $30-$45
     Technology Consultant                $55-$95
     Consultant/Senior Consultant         $60-$170
     Director                             $175-$195
     COO and Exec Vice President          No charge

   Solicitation, Balloting and Tabulation Rates

     Solicitation Consultant              $190
     Director of Solicitation             $210

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

Michael J. Frishberg, member of Prime Clerk, LLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) are not creditors,
equity security holders or insiders of the Debtor; (b) have not
been, within two years before the date of the filing of the
Debtor's chapter 11 petition, directors, officers or employees of
the Debtor; and (c) do not have an interest materially adverse to
the interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Prime Clerk can be reached at:

     Michael J. Frishberg
     PRIME CLERK, LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 257-5450

                       About BPS US Holdings

Exeter, N.H.-based Performance Sports Group Ltd. (NYSE: PSG) (TSX:
PSG) -- http://www.PerformanceSportsGroup.com/-- is a developer
and manufacturer of ice hockey, roller hockey, lacrosse, baseball
and softball sports equipment, as well as related apparel and
soccer apparel. Its products are marketed under the BAUER, MISSION,
MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are
distributed by sales representatives and independent distributors
throughout the world. In addition, the Company distributes its
hockey products through its Burlington, Massachusetts and
Bloomington, Minnesota Own The Moment Hockey Experience retail
stores.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates have filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc.; Bauer Hockey, Inc.;
Easton Baseball/Softball Inc.; Bauer Hockey Retail Inc.; Bauer
Performance Sports Uniforms Inc.; Performance Lacrosse Group Inc.;
BPS Diamond Sports Inc.; and PSG Innovation Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton Baseball
/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.; BPS
Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors have hired Paul, Weiss, Rifkind, Wharton & Garrison LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; Ernst & Young LLP as CCAA monitor; and Prime Clerk LLC as
notice, claims, solicitation and balloting agent.


BPS US HOLDINGS: Hires Young Conaway as Co-counsel
--------------------------------------------------
BPS US Holdings, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Young
Conaway Stargatt & Taylor, LLP as co-counsel to the Debtors.

BPS US Holdings requires Young Conaway to:

   a. provide legal advice and services regarding local rules,
      practices, and procedures and providing substantive and
      strategic advice on how to accomplish the Debtors' goals in
      connection with the prosecution of the cases, bearing in
      mind that the Court relies on co-counsel such as Young
      Conaway to be involved in all aspects of each bankruptcy
      proceeding;

   b. review, comment, and prepare drafts of documents to be
      filed with the Court as co-counsel to the Debtors;

   c. appear in Court and at any meeting with the U.S. Trustee
      and any meeting of creditors at any given time on behalf of
      the Debtors as their co-counsel;

   d. perform various services in connection with the
      administration of the bankruptcy cases, including, without
      limitation, (i) prepare agenda letters, certificates of no
      objection, certifications of counsel, notices of fee
      applications and hearings, and hearing binders of
      documents and pleadings; (ii) monitor the docket for
      filings and coordinating with Paul Weiss on pending
      matters that need responses; (iii) prepare and maintaining
      critical dates memoranda to monitor pending applications,
      motions, hearing dates, and other matters and the
      deadlines associated with the same; (iv) handle inquiries
      and calls from creditors and counsel to interested parties
      regarding pending matters and the general status of the
      bankruptcy cases; and (v) coordinate with Paul Weiss on
      any necessary responses;

   e. prepare and prosecute chapter 11 plans; and

   f. perform all other services assigned by the Debtors, in
      consultation with Paul Weiss, to Young Conaway as co-
      counsel to the Debtors.

Young Conaway will be paid at these hourly rates:

     Pauline K. Morgan                   $850
     Sean T. Greecher                    $550
     Justin H. Rucki                     $460
     Shane M. Reil                       $345
     Casey Cathcart, Paralegal           $235

Young Conaway will be paid a retainer in the amount of $100,000.

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

Pauline K. Morgan, member of Young Conaway Stargatt & Taylor, 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 (a)
are not creditors, equity security holders or insiders of the
Debtor; (b) have not been, within two years before the date of the
filing of the Debtor's chapter 11 petition, directors, officers or
employees of the Debtor; and (c) do not have an interest materially
adverse to the interest of the estate or of any class of creditors
or equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtor, or
for any other reason.

Young Conaway can be reached at:

     Pauline K. Morgan, Esq.
     Sean T. Greecher, Esq.
     Justin H. Rucki, Esq.
     Shane M. Reil, Esq.
     YOUNG CONAWAY STARGATT & TAYLOR, LLP
     Rodney Square
     1000 North King Street
     Wilmington, DE 19801
     Tel: (302) 571-6600
     Fax: (302) 571-1253

                       About BPS US Holdings

Exeter, N.H.-based Performance Sports Group Ltd. (NYSE: PSG) (TSX:
PSG) -- http://www.PerformanceSportsGroup.com/-- is a developer
and manufacturer of ice hockey, roller hockey, lacrosse, baseball
and softball sports equipment, as well as related apparel and
soccer apparel. Its products are marketed under the BAUER, MISSION,
MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are
distributed by sales representatives and independent distributors
throughout the world. In addition, the Company distributes its
hockey products through its Burlington, Massachusetts and
Bloomington, Minnesota Own The Moment Hockey Experience retail
stores.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates have filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc.; Bauer Hockey, Inc.;
Easton Baseball/Softball Inc.; Bauer Hockey Retail Inc.; Bauer
Performance Sports Uniforms Inc.; Performance Lacrosse Group Inc.;
BPS Diamond Sports Inc.; and PSG Innovation Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton Baseball
/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.; BPS
Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors have hired Paul, Weiss, Rifkind, Wharton & Garrison LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; Ernst & Young LLP as CCAA monitor; and Prime Clerk LLC as
notice, claims, solicitation and balloting agent.


BUMBLE BEE: Moody's Lowers CFR to B3 & Changes Outlook to Neg.
--------------------------------------------------------------
Moody's Investors Service downgraded Bumble Bee Holdings, Inc.'s
Corporate Family Rating and Probability of Default Rating to B3
from B2 and to B3-PD from B2-PD, respectively.  As a result of this
rating action, the company's senior secured notes due December 2017
were downgraded to B3 from B2 and its senior unsecured Holdco PIK
Toggle notes were downgraded to Caa2 from Caa1.  The outlook has
been changed to negative from stable.

The downgrade primarily reflects a deterioration in the company's
liquidity profile related to upcoming debt maturities in 2017,
including the company's unrated $225 million ABL that is set to
mature on June 15, 2017, and the company's $485 million 9% senior
secured notes set to mature on Dec. 15, 2017.  Refinancing concerns
are exacerbated by an ongoing investigation by the US Department of
Justice (DOJ) into potential antitrust violations in the packaged
seafood industry.  Bumble Bee recently booked a
$22.5 million charge representing its estimated liability to
resolve the DOJ matter, but a final resolution could vary
materially from this estimate.  If the judgment is ultimately
greater than $15 million and is not stayed within 30 days, it will
be deemed a technical default under the company's ABL agreement,
and the company will be required to seek a waiver from lenders to
avoid acceleration of the ABL debt.  If a waiver is not obtained
and the debt is accelerated under the ABL, cross default provisions
in the company's indentures and credit agreements would result in
an event of default on the senior secured and senior unsecured
Holdco PIK notes and a potential acceleration of debt repayment.

The B3 rating assumes there is a greater than 50% probability that
the company will be successful in obtaining a waiver, if necessary,
because of its attractive asset valuation, which is supported by a
high degree of brand recognition, healthy margins and solid free
cash flow generating capabilities.  Recent performance has been
challenged but the rating agency believes this is temporary and
expects improvement over the coming quarters.

Nevertheless, according to Moody's AVP - Analyst Brian Silver,
"Bumble Bee's ratings are constrained by its weak liquidity
profile, which is largely a function of upcoming debt maturities
that have yet to be addressed.  The ratings are also weighed down
by the risk that a resolution of the current DOJ investigation tied
to alleged violations of US antitrust regulations could be higher
than management's current estimates."

The negative outlook reflects the company's weak liquidity profile
and uncertainty around litigation, including an ultimate settlement
amount with the DOJ (if any) and the company's financial
flexibility after addressing its upcoming debt maturities if
litigation is still ongoing.

These ratings have been downgraded at Bumble Bee Holdings, Inc.:

  Corporate Family Rating to B3 from B2;
  Probability of Default Rating to B3-PD from B2-PD;
  $485 million 9% senior secured notes due 2017 to B3 (LGD4) from
   B2 (LGD4).

The rating outlook is negative

These ratings were downgraded at Bumble Bee Holdco S.C.A., a parent
company of Bumble Bee Holdings, Inc.:

  $133 million senior unsecured Holdco PIK toggle notes due 2018
   to Caa2 (LGD6) from Caa1 (LGD6).

                        RATINGS RATIONALE

The B3 Corporate Family Rating reflects Bumble Bee's heightened
refinancing risk, as there has not yet been any resolution in the
company's ongoing legal overhang from both the US Department of
Justice (DOJ) investigation into potential antitrust violations in
the packaged seafood industry (with no claims asserted at this
time) and a number of civil class action complaints alleging
violations of the Sherman Antitrust Act.  The company's ABL is set
to mature on June 15, 2017, and its secured notes mature on
Dec. 15, 2017.  The rating also incorporates Bumble Bee's high
financial leverage, aggressive financial policies, limited category
diversification, and the commodity-like nature of the North
American shelf stable seafood industry.  The rating is supported by
Bumble Bee's top-tier position in the North American shelf stable
seafood category, well-established brand names, and low cost
sourcing capabilities.  In addition, the rating benefits from
Bumble Bee's historical ability to maintain relatively healthy
margins in a challenging operating environment, given its ability
to raise/maintain prices and focus on cost saving initiatives.  The
rating incorporates Moody's expectations that the company will
generate positive free cash flow during the next twelve months and
continue to pay down debt over time, but liquidity is weak due to
the upcoming debt maturities.

The ratings could be upgraded if Bumble Bee is able to successfully
refinance its upcoming debt obligations.  Also, the company would
be expected to improve its leverage and approach 5.0 times prior to
upward ratings consideration.  Alternatively, the ratings could be
downgraded if Bumble Bee's liquidity deteriorates and the company
fails to refinance its debt obligations during 1H17.  Also, if
leverage approaches 8.0 times and/or there is increasing reliance
on its ABL facility the ratings could face pressure.  Finally, if
there is a material adverse resolution stemming from litigation
matters the ratings could be downgraded.

The principal methodology used in these ratings was Global Packaged
Goods published in June 2013.

Bumble Bee Holdings Inc., headquartered in San Diego, California,
is believed to be the largest producer and marketer of shelf stable
seafood in North America and maintains a leading share in many
segments of the US and Canadian shelf stable seafood categories,
including albacore tuna, light meat tuna, salmon, sardines, clams
and other specialty seafood products.  The company's products are
primarily branded under the Bumble Bee name in the US and Clover
Leaf and Brunswick names in Canada.  Bumble Bee was acquired by
Lion Capital in December 2010.  Bumble Bee's revenues for the
twelve months ending Oct. 1, 2016 were approximately $919 million.



C&J ENERGY: King & Spalding Representing Equity Security Holders
----------------------------------------------------------------
King & Spalding LLP filed on Nov. 3, 2016, a verified statement
stating that it has been retained by each of the equity security
holders in the Chapter 11 case of C&J Energy Services, Ltd.,
pursuant to separate engagement letters to seek the appointment of
an official committee of equity security holders for C&J.  

Each of the Equity Holders has also asked K&S to take the actions
as may be appropriate, for at least the period while the request
for an appointment of an Equity Committee is being considered, as
may be necessary to protect its equity interest in the bankruptcy
case.

Additional equity security holders of C&J may seek to retain K&S.
K&S does not believe that it is required to file a Bankruptcy Rule
2019 statement with respect to the separate engagement of the Firm
by each of the Equity Holders.  To the extent, a Bankruptcy Rule
2019 statement would be required, the verified statement should be
deemed the requisite Bankruptcy Rule 2019 statement.

As of the date of Nov. 3, 2016, K&S represents these equity
security holders of C&J Energy Services, Ltd.:

     a. D. E. Shaw Galvanic Portfolios, L.L.C.
        1166 Avenue of the Americas, Ninth Floor
        New York, New York 10036
        Holdings: 4,967,828 shares of common stock in C&J

     b. Nantahala Capital Management, LLC
        19 Old Kings Highway S., Suite 200
        Darien, Connecticut 06820
        Holdings: 2,687,045 shares of common stock in C&J

     c. Union Square Park Capital Management LLC
        1251 Avenue of the Americas, Floor 34,
        New York, New York 10020
        Holdings: 999,943 shares of common stock in C&J

     d. Cornwall Capital Management LP
        570 Lexington Avenue, 10th Floor
        New York, New York 10022
        Holdings: 2,500,000 shares of common stock in C&J

     e. Sound Point Capital Management, L.P.
        375 Park Avenue 33rd Floor
        New York, New York 10152
        Holdings: 500,000 shares of common stock in C&J

The counsel for the Equity Holders can be reached at:

     Edward L. Ripley, Esq.
     KING & SPALDING LLP
     1100 Louisiana, Suite 4000
     Houston, TX 77002-5213
     Tel: (713) 751-3200
     Fax: (713) 751-3290
     E-mail: eripley@kslaw.com

          -- and --

     Arthur Steinberg, Esq.
     KING & SPALDING LLP
     1185 Avenue of the Americas
     New York, New York 10036
     Tel: (212) 556-2100
     Fax: (212) 556-2222
     E-mail: asteinberg@kslaw.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, 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.  The Committee hired Greenberg
Traurig, LLP, as counsel for the Committee, Conway MacKenzie,
Inc.,
to serve as its financial advisor, Carl Marks Advisory Group LLC as
investment banker.


C.H.I. OVERHEAD: S&P Lowers Rating on 1st-Lien Term Loan to 'B'
---------------------------------------------------------------
S&P Global Ratings lowered its issue-level ratings on Arthur,
Ill.-based C.H.I. Overhead Doors Inc.'s first-lien term loan and
revolving credit facility to 'B' from 'B+'.  S&P also revised its
recovery ratings to '3' from '2' on the same debt.  The revision
follows the company's announcement that it plans to increase its
first-lien term loan due 2022 by $115 million to refinance its
existing second-lien term loan due 2023.  The '3' recovery rating
indicates S&P's expectation for meaningful (50% to 70%; at the
upper end of the range) recovery in the event of a payment default.


S&P revised the recovery rating because of lower recovery prospects
for first-lien lenders due to the $115 million add-on of
incremental first-lien debt, which will amount to $428.6 million
outstanding pro forma for the transaction.  The company will use
the proceeds of the add-on to retire its $115 million second-lien
term loan.  S&P expects to withdraw the rating on the second-lien
term loan upon close.

S&P's 'B' corporate credit rating and stable outlook are
unchanged.

                        RECOVERY ANALYSIS

Key analytical factors:

   -- S&P's updated recovery analysis incorporates the proposed
      $115 million add-on to C.H.I.'s existing first-lien term
      loan due 2022 (and associated $40 million revolving credit
      facility due 2020) and the subsequent repayment of its
      existing $115 million second-lien term loan due 2023.

   -- Given this pro forma capital structure, S&P has revised its
      recovery ratings on C.H.I.'s $435 million first-lien term
      loan due 2022 and $40 million revolving credit facility due
      2020 to '3' from '2'.  At the same time, S&P has lowered its

      issue-level ratings on the term loan and credit facility to
      'B' from 'B+', in accordance with S&P's notching guidelines.

   -- S&P continues to assess recovery prospects for lenders on
      the basis of a gross reorganization value for C.H.I. of
      approximately $300 million, reflecting an emergence EBITDA
      of $55 million and a 5.5x multiple.

   -- The $55 million emergence EBITDA is intended to reflect a
      through-the-cycle EBITDA level, as well as a considerable
      rebound from S&P's estimate of its hypothetical default-
      level EBITDA of about $40 million, which S&P feels is
      appropriate given the nature of C.H.I.'s business and
      exposure to cyclical construction end markets.

   -- The EBITDA multiple remains 5.5x, which is consistent with
      S&P's previous analysis and is in line with other companies
      in the building materials industry.  S&P also believes the
      company's demonstrated ability to achieve above-average
      margins (due to its highly specialized products) is
      supportive of the multiple, as well as its somewhat large
      market share (within its niche market) and exposure to the
      relatively more stable repair and remodeling segment of the
      broader construction market.

   -- S&P's recovery analysis continues to assume that, in a
      hypothetical bankruptcy scenario, 85% of the company's
      $40 million revolving credit facility would be drawn.

Simulated default and valuation assumptions

   -- Year of default: 2019
   -- EBITDA at emergence: $55 million
   -- Implied enterprise valuation (EV) multiple: 5.5x
   -- Gross EV: $305 million

Simplified waterfall

   -- Net EV (after 5% administrative costs): $290 million
   -- Estimated first-lien claims (85% usage of $40 million
      revolving credit facility: $35 million; first-lien term
      loan: $430 million): $465 million
   -- Recovery expectation: 50% to 70% (upper end of range)
   -- Recovery rating: '3'

Note: The estimated first-lien debt claim reflects payment of
scheduled amortization of 1% per year on the term loan through
2018.  All estimated claims include an assumption for accrued but
unpaid interest outstanding at default.

RATINGS LIST

C.H.I. Overhead Doors Inc.
Corporate Credit Rating                    B/Stable/--

Downgraded; Recovery Rating Revised
                                            To              From
C.H.I. Overhead Doors Inc.
Senior Secured                             B               B+
  Recovery Rating                           3H              2H


C.H.I.R. CORPORATION: Court Prohibits Cash Collateral Use
---------------------------------------------------------
Judge Laurel M. Isicoff of the U.S. Bankruptcy Court for the
Southern District of Florida denied C.H.I.R. Corporation's Cash
Collateral Motion, without prejudice.

A full-text copy of the Order, dated Nov. 18, 2016, is available at

http://bankrupt.com/misc/CHIRCorp2016_1620921lmi_73.pdf

                  About C.H.I.R. Corporation

C.H.I.R. Corporation, a single asset real estate business, filed a
chapter 11 petition (Bankr. S.D. Fla. Case No. 16-20921) on Aug. 5,
2016.  The petition was signed by Caryle Anthony DeCruise,
president and director.  The Debtor is represented by Richard R.
Robles, Esq., at the Law Offices of Richard R. Robles, P.A.  The
case is assigned to Judge Robert A. Mark.  The Debtor estimated
assets at $500,000 to $1 million and liabilities at $1 million to
$10 million at the time of the filing.


C.H.I.R. CORPORATION: Unsecured Creditors to Get 1% Under Plan
--------------------------------------------------------------
General unsecured creditors of C.H.I.R. Corporation will receive a
pro rata share of 1% of their claims under the company's proposed
Chapter 11 plan of reorganization.

The restructuring plan filed on Nov. 3 with the U.S. Bankruptcy
Court for the Southern District of Florida proposes to pay Class 10
general unsecured claims within five business days of the effective
date of the plan.

The plan will be funded from C.H.I.R.'s income from rental of its
real properties and from its equity security holders' contribution.
The company also expects to have an influx of capital from a
potential new investor, according to the disclosure statement
explaining the plan.

C.H.I.R. owns two parcels of real property located at 12001 and
12101 NW 27th Avenue, Miami, Florida.  The properties are both
rented. Due to several judgments, including a $2.8 million judgment
in favor of a creditor, C.H.I.R. filed for Chapter 11 protection to
reorganize and retain its real properties.

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

     http://bankrupt.com/misc/CHIRCorp_DS11032016.pdf

                   About C.H.I.R. Corporation

C.H.I.R. Corporation, based in Miami, Fla., filed a Chapter 11
petition (Bankr. S.D. Fla. Case No. 16-20921) on August 5, 2016.
Hon. Robert A Mark presides over the case. Richard R. Robles, Esq.
as bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Caryle Anthony DeCruise, president and director.


CAESARS ENTERTAINMENT: Court Approves 1st Lien Notes Repayment Plan
-------------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving Caesars Entertainment Operating Company's motion
to repay certain first lien note obligations and make a cash
distribution to holders of secured first lien notes claims to pay
down $103.5 million in principal amounts outstanding under the
first lien notes indentures.  As previously reported, "The Bond
RSA, which solidifies this support, is a comprehensive compromise
between the Debtors, CEC, and the First Lien Noteholders.  For
their part, the Debtors agreed to use good-faith efforts to seek
authority to repay, in cash, $103.5 million of the principal amount
outstanding under the First Lien Notes Indentures.  Because of the
First Lien Noteholders' oversecured position in the Debtors'
capital structure, the Debtors otherwise would be required to
re-pay these amounts eventually, whether pursuant to a chapter 11
plan, in a chapter 7 liquidation, or otherwise.  Any such
repayments, if paid, would reduce dollar-for-dollar the amounts
owed on account of the Secured First Lien Notes Claims under the
Amended Plan (or any other chapter 11 plan), and such amounts would
reduce any postpetition interest accruing on such amounts.  Until
such payments are made, interest continues to accrue on the full
$6.35 billion principal amount outstanding under the first lien
notes (the 'First Lien Notes'), increasing the amount owed on
account of the First Lien Notes."

                  About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended and
Restated Restructuring Support and Forbearance Agreement, dated as
of Dec. 31, 2014, among Caesars Entertainment, CEOC and the
Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No.  15-10047) on Jan. 12, 2015.  The bondholders are represented
by Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor
LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11
examiner.

                         *     *     *

The U.S. Bankruptcy Court for the Northern District of Illinois
approved the adequacy of the disclosure statement explaining the
second amended joint Chapter 11 plan of reorganization of Caesars
Entertainment Operating Company Inc. and it debtor-affiliates.

The Court set Oct. 31, 2016, at 4:00 p.m. (prevailing Central
Time) as last day for any holder of a claim entitled to vote to
accept or reject the Debtors' plan.  

A hearing is set for Jan. 17, 2017, at 10:30 a.m. (prevailing
Central Time) in Courtroom No. 642 in the Everett McKinley Dirksen
United States Courthouse, 219 South Dearborn Street, Chicago,
Illinois, to confirm the Debtors' plan.  Objections to
confirmation, if any, were due Oct. 31.


CARIBBEAN COMMERCIAL: Voluntary Chapter 11 Case Summary
-------------------------------------------------------
Debtor: Caribbean Commercial Investment Bank Ltd.
        c/o FTI Consulting
        William Tacon and Ian Morton
        P.O. Box 993 Palm Grove House, 4th Floor
        Wickham's Cay I, Road Town, Tortola VG1110
        British Virgin Islands

Case No.: 16-13311

Chapter 11 Petition Date: November 22, 2016

Court: United States Bankruptcy Court
       Southern District of New York (Manhattan)

Judge: Hon. Stuart M. Bernstein

Debtor's Counsel: James C. McCarroll, Esq.
                  Jordan W. Siev, Esq.
                  Kurt F. Gwynne, Esq.
                  REED SMITH, LLP
                  599 Lexington Avenue
                  New York, NY 10022
                  Tel: (212) 521-5400
                  Fax: (212) 521-5450
                  E-mail: jmccarroll@reedsmith.com
                          jsiev@reedsmith.com
                          kgwynne@reedsmith.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by William Tacon, foreign representative.

Caribbean Commercial Bank (Anguilla) Ltd. is the sole shareholder
of the Debtor.  CCB was incorporated pursuant to the laws of
Anguilla as a privately-owned company.

On April 22, 2016, Eastern Caribbean Central Bank appointed a
receiver for the CCB pursuant to Section 137 of Anguilla's Banking
Act, No. 6 of 2015.

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

A full-text copy of the petition is available for free at:

          http://bankrupt.com/misc/nysb16-13311.pdf


CDR STRAINERS: Hires Showalter as Special Litigation Counsel
------------------------------------------------------------
CDR Strainers & Filters, Inc., seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Showalter Law Firm as special litigation counsel to the Debtors.

On August 31, 2016, Enterprise Crude Pipeline LLC filed an Original
Statement and Petition for Condemnation in the County Court of Law
of Austin County, Texas.  In the Condemnation Proceeding,
Enterprise seeks to acquire a permanent right-of-way, easement, and
temporary workspace easement on, in, over, under, through and
across 1226 FM to place a pipeline and other facilities for the
transportation of oil, oil products, minerals, and petroleum.

CDR Strainers requires Showalter to:

   a. file pleadings in the Condemnation Proceeding and the
      bankruptcy case and to represent the Debtor's estate's
      interests in the Condemnation Proceeding;

   b. assist the Debtor and its bankruptcy counsel where
      necessary to negotiate and consummate non-routine sales of
      assets of the estate, and to institute any necessary
      proceedings in regard thereto;

   c. aid the Debtor and its bankruptcy counsel with regarding
      to any litigation against the Debtor;

   d. render legal advice and assistance with regarding to
      matters involving property of the estate; and

   e. assist in resolution of title problems associated with the
      estate's property.

Showalter will be paid a 40% contingency fee and an additional 10%
in the event of a trial where the percentage fee shall be
calculated on the amounts recovered in excess of the first written
offer made by Enterprise Crude.

David Showalter, member of Showalter Law Firm, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Showalter can be reached at:

     David Showalter, Esq.
     SHOWALTER LAW FIRM
     1117 FM 359 Road, Suite 200
     Richmond, TX 77406
     Tel: (281) 341-5577

                     About CDR Strainers

CDR Strainers & Filters, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 16-31997) on
April 18, 2016, disclosing under $1 million in both assets and
liabilities. The Debtor is represented by Susan Tran, Esq., at
Corral Tran Singh LLP.

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


CERVANTES INC: Hearing on Plan Disclosures Set For Dec. 13
----------------------------------------------------------
The Hon. Stacey L. Meisel of the U.S. Bankruptcy Court for the
District of New Jersey has scheduled for Dec. 13, 2016, at 2:30
p.m., the hearing to consider the adequacy of Cervantes, Inc.'s
disclosure statement referring to the Debtor's plan of
reorganization.

Objections to the adequacy of the Disclosure Statement must be
filed no later than 14 days prior to the hearing.

                     About Cervantes, Inc.

Cervantes, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 15-29040) on Oct. 8, 2015.  Hon. Stacey L.
Meisel presides over the case. Trenk, Dipasquale, Delia Fera &
Sodono, PC represents the Debtor as counsel.

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


CHRISTOPHER LAMONT: Unsecureds to be Paid in Full Within 4 Months
-----------------------------------------------------------------
Christopher Robin Lamont filed with the U.S. Bankruptcy Court for
the Southern District of California a Chapter 11 plan of
reorganization that proposes to pay unsecured creditors in full.

The restructuring plan proposes to pay Class 2 general unsecured
creditors 100% of their allowed claims in four equal monthly
installments starting on the first quarter following the effective
date of the plan, according to the Debtor's disclosure statement
filed on Nov. 3.

A copy of the disclosure statement is available for free at
https://is.gd/iarVK4

                 About Christopher Robin Lamont

Christopher Robin Lamont sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S. D. Calif. Case No. 15-07271).  

The case was filed to prevent the foreclosure sale of the Debtor's
property in California.  The Debtor lost his job, which caused him
to fall behind on payments on the real property located at 2253
Cambridge Avenue Cardiff by the Sea, California.  

Prior to losing his job, the Debtor had been making payments to Ida
Spector, the titleholder of the real property located at 916 Red
Granite Road Chula Vista, California.  The payments were in
exchange for a 50% ownership interest in the Red Granite property.

Bayview Home Loans is the creditor holding separate liens against
each property.


CJ HOLDING: Gardner Denver Buying Total E&S Assets for $17.5M
-------------------------------------------------------------
CJ Holding, Co., and its affiliates ask the U.S. Bankruptcy Court
for the Southern District of Texas to authorize the private sale of
Total E&S, Inc.'s assets to Gardner Denver Petroleum Pumps, LLC for
$17,500,000.

A hearing on the Motion is set for Dec. 5, 2016 at 2:00 p.m. (CT).

The Debtors employ substantial quantities of fracturing pumps,
including power ends, and fluid ends in the conduct of their
hydraulic fracturing service business.  In about 2013, the Debtors
decided to seek to reduce the resultant costs by taking the
manufacture, repair and refurbishment of such items "in house."
Thereafter, production was initiated at E&S.  The endeavor,
however, ultimately proved not to yield net savings.  

Accordingly, when the opportunity presented itself instead to
obtain such items on a very favorable basis from Gardner Denver,
from whom items of known high quality could be obtained at a cost
that would yield the net savings that "in house" production had
not, the Debtors' decided to proceed with Gardner Denver in lieu of
continuing "in-house" manufacture.

The Transactions substantially benefit the Debtors' estates by
permitting the Debtors to procure an exclusive supply of products
necessary to operate the Debtors' business at a cost that is
substantially lower than the Debtors' presently incur by
manufacturing such products "in house."  Moreover, the Transactions
allow the Debtors to sell at fair market value the machinery,
inventory and other products that they will no longer need after
ceasing "in house" manufacturing.  In sum, the Transactions present
a "win-win" situation for the Debtors' estates: they obtain
uniquely favorable pricing from an industry leader under the Supply
Agreement and they obtain $17,500,000 (subject to adjustments under
the Asset Purchase Agreement) for machinery and products they will
no longer need.

The Debtors filed these chapter 11 cases on July 20, 2016.  They
now seek authority to enter into the Transaction Documents and
consummate the sale free and clear of all liens, claims,
encumbrances, and interests, and enter into the License, pursuant
to section 363 of the Bankruptcy Code.

Moreover, the Debtors seek, to the extent entry into the Supply
Agreement and the License Agreement do not constitute ordinary
course transactions, authority to enter into and consummate the
Supply Agreement and the License Agreement.  While the Asset
Purchase Agreement, the License Agreement and the Supply Agreement
are three separate agreements with varying counter-parties,
together they constitute an integrated transaction requiring the
Court to consider these Transaction Documents together.

Indeed, the Asset Purchase Agreement and the License Agreement
would not have been entered into separately from the Supply
Agreement and vice versa ??? consummation of each agreement is
contingent upon the consummation of the others as a business
matter.

In the Debtors' business judgment, consummating the Transactions is
in the best interests of the Debtors and their estates.  The Board
of Directors of E&S has approved the terms of the Asset Purchase
Agreement and the Board of Directors of C&J Spec-Rent Services,
Inc. has approved the terms of the License Agreement.  Board of
Directors approval is not necessary with respect to the Supply
Agreement.

A copy of the Agreements attached to the Motion is available for
free at:

          http://bankrupt.com/misc/CJ_Holding_813_Sales.pdf

The key terms and conditions of the Asset Purchase Agreement and
the License Agreement are:

          a. Parties:

               i. Asset Purchase Agreement:

                     Seller: Total E&S, Inc.
                     Parent: C&J Energy Services, Ltd.
                     Purchaser: Gardner Denver Petroleum Pumps,
LLC

              ii. Supply Agreement:

                     Supplier: Gardner Denver Petroleum Pumps, LLC
                     Buyer: CJ Holding, Co.
                     Guarantor: C&J Energy Services, Ltd.

             iii. License Agreement:

                     Licensor: C&J Spec-Rent Services, Inc.
                     Licensee: Gardner Denver Petroleum Pumps, LLC

          b. Assets:

                  i. Pursuant to the Asset Purchase Agreement, E&S
will sell all inventory related to its fracturing pump, power end
and fluid end manufacturing, repair and refurbishment business
("Business") as set forth on Schedule 2.1(b) thereto and certain
machinery related to the Business set forth on Schedule 2.1(a)
thereto, but excluding the machinery not set forth thereon, certain
finished goods, intellectual property, claims and insurance
policies ("Purchased Assets").

                 ii. Pursuant to the Supply Agreement, CJ Holding
and C&J, Ltd. agree that Gardner Denver will be the exclusive
supplier of Covered Goods, as defined therein to include, inter
alia, fracturing pumps, power ends, fluid ends and related
consumables for the hydraulic fracturing business, with certain
minor exceptions relating to fluid ends, and subject to certain
buyer opt outs set forth therein.

                iii. Pursuant to the License Agreement, Licensor
licenses to Gardner Denver for a period that is coterminous with
the Supply Agreement the technology set forth on Schedule A thereto
which, because of the confidential and proprietary nature of the
information reflected thereon, is being filed under seal.

          c. Purchase Price:

                  i. Asset Purchase Agreement: The total Purchase
Price under the Asset Purchase Agreement is $17,500,000, subject to
certain price adjustments relating to property taxes, wear-and-tear
on machinery and/or to inventory being below a target value.

                 ii. Supply Agreement: The business terms of the
Supply Agreement, which is being filed under seal, are
confidential.  For purposes of the Motion, the Debtors can disclose
that, in their business judgment, they believe the pricing and
other terms to be highly favorable.

                iii. License Agreement: The License Agreement does
not call for the making of a separate payment from the Purchase
Price under the Asset Purchase Agreement in exchange for its grant
of the license, but it does provide the applicable Debtor a right
of first offer for an exclusive purchase right with respect to
products Gardner Denver produces based on the licensed technology
and for a royalty payable to the Licensor for Gardner Denver's sale
of such products to third parties.

          d. Assumed Obligations: With respect to the Asset
Purchase Agreement, Gardner Denver assumes all liabilities with
respect to the Purchased Assets arising after Closing.  With
respect to Supply Agreement and License Agreement, no liabilities
with respect to the Purchased Assets arising after Closing will be
assumed.

          e. Guaranty: With respect to the Asset Purchase
Agreement, Parent is primarily a party for purposes of the
representations and warranties.  With respect to the Supply
Agreement, Parent guarantees the full payment and performance of CJ
Holding under the agreement.  With respect to the License
Agreement, none.

The Debtors have determined that a private sale of the Purchased
Assets to Gardner Denver is in the best interests of their estates
and their stakeholders.  A public auction would cause significant
delay, and require the Debtors' estates to incur substantial
additional administrative costs.

Execution and consummation of the Supply Agreement and the License
Agreement constitute a sound exercise of the Debtors' business
judgment.  As set forth, the Supply Agreement and the License
Agreement are key elements of the integrated, value-accretive
Transactions.  Without such agreements, the sale will not be
consummated, and the value associated with the sale and the other
transactions contemplated by the Transaction Documents will not
accrue to the Debtors' estates.  

The Supply Agreement, which the Debtors intend to become effective
immediately and will provide significant cost savings to them, will
not become effective until the Order approving the Transactions is
effective, and therefore it is in the best interests of the Debtors
and their estates to consummate the Transactions promptly.
Accordingly, the Debtors respectfully request that the Court waive
the 14-day stay imposed by Bankruptcy Rule 6004(h), as the Debtors'
estates would benefit from immediate relief.

The Purchaser:

          GARDNER DENVER PETROLEUM PUMPS, LLC
          222 E. Erie St., Suite 500
          Milwaukee, WI 53201
          Attn: Andrew Schiesl
          E-mail: andy.schiesl@gardnerdenver.com

The Purchaser is represented by:

          Taurie M. Zeitzer, Esq.
          PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP
          1285 Avenue of the Americas
          New York, NY 10019
          E-mail: TZeitzer@paulweiss.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, 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.  The Committee hired Greenberg
Traurig, LLP, as counsel for the Committee, Conway MacKenzie,
Inc., to serve as its financial advisor, Carl Marks Advisory Group
LLC as
investment banker.


COMMERCIAL FLOOR CARE: Selling SaniGLAZE Franchise for $37.5K
-------------------------------------------------------------
Commercial Floor Care, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Alabama to authorize the assumption,
assignment and sale of SaniGLAZE Franchise to Specialty Floor
Solutions, LLC, for $37,500.

The Debtor is the owner of the Franchise Agreement for the Greater
Montgomery Area Territory dated Sept. 28, 2006 ("SaniGLAZE
Franchise") entered into by and between Debtor, as franchisee, and
SaniGLAZE International, LLC, as franchisor.

ServisFirst Bank has a first priority security interest in all
intangible assets of the Debtor, including the SaniGLAZE
Franchise.

The Debtor has received an offer from the Purchaser to purchase the
SaniGLAZE Franchise for $30,000 ($25,000 to be paid at closing,
with the remaining $5,000 to be paid on May 1, 2017)
("Non-Contingent Purchase Price"), plus an additional payment of
$7,500 that is contingent upon the renewal of the Veterans
Administration contract for the Montgomery and Tuskegee Veterans
Administration facilities for the U.S. Government fiscal year 2018,
as may be pro-rated ("Contingent Purchase Price").

The Debtor and the Purchaser entered into an Assignment of
Franchise Agreement ("Sale Agreement").  A copy of the Sale
Agreement attached to the Motion is available for free at:

       http://bankrupt.com/misc/Commercial_Floor_57_Sales.pdf

Attached the Sale Agreement is a Consent and Assignment and
Assumption of Franchise Agreement ("Consent") entered into by
Debtor, Purchaser, and SaniGLAZE, pursuant to which SaniGLAZE has
consented to the Debtor's assumption and assignment of the
SaniGLAZE Franchise to Purchaser on the terms and conditions
therein.  The effectiveness of both the Sale Agreement and the
Consent are subject to the Court's approval as sought.

In its Chapter 11 petition, the Debtor scheduled the value of the
SaniGLAZE Franchise as being approximately $58,702 according to its
historical cost as listed on the Debtor's balance sheet.  However,
this value also included service of the Birmingham area, which is
no longer covered by the SaniGLAZE Franchise.

The Debtor intends to use the sales proceeds to fund its Plan of
Reorganization as follows:

   a. $9,518 to be disbursed to Class 4 claimant, Milliken, to cure
the royalty arrearage in furtherance of the Debtor's assumption of
Milliken's Franchise Agreement.

   b. $5,000 to be used as working capital and assist with funding
of the Chapter 11 plan.

   c. $10,482, plus any future proceeds paid to Debtor under the
Sale Agreement (including, without limitation, the $5,000 of the
Non??Contingent Purchase Price to be paid on May 1, 2017, and the
Contingent Purchase Amount, if applicable), to be disbursed to
Class 1 claimant, ServisFirst Bank, in satisfaction of its lien
against the SaniGLAZE Franchise.

The Debtor avers that ServisFirst Bank consents to the sale of the
SaniGLAZE Franchise and the Debtor's proposed use of the sale
proceeds as provided for.

The Debtor further asks the Court to approve the Debtor's release
of SaniGLAZE as provided for in the Consent.  The Debtor avers that
it is not aware of any claims or causes of action that it or its
estate has against SaniGLAZE and, pending approval of the Court,
the Debtor has agreed to release

SaniGLAZE in consideration for SaniGLAZE's consent to the
assumption and assignment of the SaniGLAZE Franchise as
contemplated and in consideration for SaniGLAZE's release of the
Debtor as provided for in the Consent.

Pursuant to the terms of the SaniGLAZE Franchise and applicable
law, SaniGLAZE's consent is necessary for Debtor to assume and
assign the SaniGLAZE Franchise as contemplated.  The Debtor avers
that providing SaniGLAZE with a release in consideration for
SaniGLAZE's consent to the assumption and assignment of the
SaniGLAZE Franchise (and in consideration for SaniGLAZE's release
of the Debtor) is fair and reasonable based on the facts and
circumstances, and is in the best interests of the estate.

The Debtor further avers that it has already proposed to assume and
assign the SaniGLAZE Franchise in its Plan of Reorganization and
asks that the sale be consummated prior to or in conjunction with
the confirmation of the Debtor's Plan.

                About Commercial Floor Care

Commercial Floor Care, LLC, operates a commercial carpet and
textile floor cleaning business with expertise in high-tech
cleaning systems and floor tile repair and replacement services.
The Debtor has been in business for 11 years and operates as a
Millicare, Sani-Glaze and Solid franchisee.

The Debtor filed a Chapter 11 petition (Bankr. N.D. Ala. Case No.
16-02266) on June 6, 2016, estimating less than $500,000 in assets
and $500,000 to $1 million in debt.  Steven D Altmann, Esq., at
Najjar Denaburg, P.C., serves as counsel to the Debtor.

J. Thomas Corbett is the bankruptcy administrator.


CONSTELLATION ENTERPRISES: US Trustee Balks at Case Dismissal Bid
-----------------------------------------------------------------
BankruptcyData.com reported that the U.S. Trustee assigned to the
Constellation Enterprises case and the Internal Revenue Service
filed with the U.S. Bankruptcy Court separate objections to the
Debtors' motion for entry of an order dismissing the Chapter 11
case under certification of counsel.  The U.S. Trustee asserts,
"The Dismissal Motion seeks approval of a procedure for allowance
and payment of employee claims in a manner that is at odds with the
Bankruptcy Code and Bankruptcy Rules and does not afford due
process to employee claimants.  Expediency and cost cannot justify
eliminating procedural protections and due process.  The Dismissal
Motion is silent as to the process for unsecured creditors' claims
to be allowed and paid by the GUC Trust, should the settlement with
the Committee be approved, and does not require that payment to
unsecured creditors be made prior to dismissal.  Without the
critical information regarding how the GUC Trust will be
implemented, a determination that dismissal is in the best interest
of the creditors cannot be made."

              About Constellation Enterprises

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

Constellation Enterprises LLC and its affiliates filed for Chapter
11 bankruptcy protection (Bankr. D. Del. Lead Case No. 16-11213) on
May 16, 2016.

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

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

Adam C. Rogoff, Esq., and Joseph A. Shifer, Esq., at Kramer Levin
Naftalis & Frankel LLP, serve as the Debtors' bankruptcy counsel.
Daniel J. DeFranceschi, Esq., Zachary I. Shapiro, Esq., Rachel L.
Biblo, Esq., and Joseph C. Barsalona II, Esq., at Richards, Layton
& Finger, P.A., serve as the Debtors' co-counsel.

Imperial Capital, LLC, is the Debtors' financial advisor.  Conway
Mackenzie Management Services LLC is the Debtors' crisis management
& restructuring services provider.  Epiq Bankruptcy Solutions, LLC,
is the Debtors' claims and noticing agent.


CONTROL VALVE: Court Allows Cash Collateral Use on Final Basis
--------------------------------------------------------------
Judge Jerry A. Brown of the U.S. Bankruptcy Court for the Eastern
District of Louisiana authorized Control Valve Specialists, Inc.,
to use cash collateral on a final basis.

McCormick 1901, LLC and the Internal Revenue Service are granted
replacement security interests in and liens upon all post-petition
assets of the Debtor and the estate on which McCormick and the IRS
held valid and perfected liens as of the Petition Date, and all
their proceeds, rents, products and distributions, in the same
priority held prior to the Petition Date.

The Debtor is directed to pay McCormick ongoing postpetition
interest in the amount of $300 per week, commencing on Nov. 1,
2016.  The Debtor was also directed to pay the IRS ongoing
postpetition interest in the amount of $1,354 per month, commencing
on Nov. 14, 2016.

The payments to McCormick and the IRS will end upon the occurrence
of:

   -- the confirmation date of a plan of reorganization;

   -- the date the Chapter 11 Case is dismissed or converted to a
case under Chapter 7 of the Bankruptcy Code; or

   -- the appointment of a Chapter 11 Trustee.

The Debtor was ordered to grant McCormick a first priority lien on
three unencumbered vehicles, and was directed to deliver the
certificates of title for each vehicle to McCormick within 10 days
from the entry of the Final Order.

A full-text copy of the Final Order, dated Nov. 18, 2016, is
available at
http://bankrupt.com/misc/ControlValve2016_1612521_50.pdf

              About Control Valve Specialists

Based in Houma, Louisiana, Control Valve Specialists, Inc., is an
aftermarket parts manufacturer and supplier specializing in control
valve parts for industrial plants, refineries, and other oil and
gas companies. Robert Moate is the 100% equity owner.

Control Valve filed a Chapter 11 petition (Bankr. E.D. La. Case No.
16-12521) on Oct. 12, 2016, disclosing under $1 million in both
assets and liabilities. Kristal M. Richard, the vice president,
signed the petition.

The Debtor's petition estimated $500,000 to $1 million in assets
and debt.  But the balance sheet attached to the petition disclosed
$2,007,558 in assets and $3,903,113 in liabilities as of Oct. 12,
2016.

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


COOK INVESTMENTS: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                        Case No.
      ------                                        --------
      Cook Investments NW Fern LLC                  16-15833
      307 N Olympic Ave Suite 211
      Arlington, WA 98223-1351

      Cook Investments NW LLC                       16-15834
      307 N Olympic Ave Suite 211
      Arlington, WA 98223-1351

      Cook Investments NW Darr LLC                  16-15836
      307 N Olympic Ave Suite 211
      Arlington, WA 98223-1351

      Cook Investments NW ARL LLC                   16-15837
      307 N Olympic Ave Suite 211
      Arlington, WA 98223-1351

      Cook Investments NW, SPNWY, LLC               16-44782
      1331 208th Street E
      Spanaway, WA 98387

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 21, 2016

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Hon. Marc Barreca (16-15833, 16-15836, 16-15837)
       Hon. Timothy W. Dore (16-15834)
       Hon. Brian D Lynch (16-44782)

Debtors' Counsel: James L. Day, Esq.
                  BUSH KORNFELD LLP
                  601 Union St Ste 5000
                  Seattle, WA 98101
                  Tel: 206-292-2110
                  E-mail: jday@bskd.com

                    - and -

                  Katriana L Samiljan, Esq.
                  BUSH KORNFELD LLP
                  601 Union St Ste 5000
                  Seattle, WA 98101
                  Tel: 206-292-2110
                  E-mail: ksamiljan@bskd.com

                                       Estimated     Estimated
                                        Assets       Liabilities
                                      ----------     -----------
Cook Investments NW Fern LLC           $1M-$10M       $1M-$10M
Cook Investments NW LLC                $0-$50K        $1M-$10M
Cook Investments NW Darr LLC           $1M-$10M       $1M-$10M
Cook Investments NW ARL LLC            $1M-$10M       $1M-$10M
Cook Investments NW, SPNWY, LLC        $1M-$10M       $1M-$10M

The petitions were signed by Michael L. Cook, sole member.

The Debtors did not include a list of their largest unsecured
creditors when they filed the petitions.

A full-text copy of Cook Investments NW Fern's petition is
available for free at http://bankrupt.com/misc/wawb16-15833.pdf

A full-text copy of Cook Investments NW LLC's petition is available
for free at http://bankrupt.com/misc/wawb16-15834.pdf

A full-text copy of Cook Investments NW Darr LLC's petition is
available for free at http://bankrupt.com/misc/wawb16-15836.pdf

A full-text copy of Cook Investments NW ARL LLC's petition is
available for free at http://bankrupt.com/misc/wawb16-15837.pdf

A full-text copy of Cook Investments NW, SPNWY's petition is
available for free at http://bankrupt.com/misc/wawb16-44782.pdf


CORNERSTONE TOWER: Unsecureds To Get $23,256 Bi-annually For 7 Yrs.
-------------------------------------------------------------------
Cornerstone Tower Service, Inc., filed with the U.S. Bankruptcy
Court for the District of Nebraska a disclosure statement referring
to the Debtor's plan of reorganization.

The projected excess income in the amount of $23,256 bi-annually
will be paid to holders of Class 3A Unsecured Claims to commence
six months from the date of confirmation of the Plan for a period
of seven years to be distributed to the unsecured creditors in pro
rata shares.  

The Debtor will request a claims bar date and any creditors filing
a claim, subject to the Debtor's objection, which is allowed will
share pro rata with other unsecured creditors.

The Debtor expects income from business operations in order to fund
and execute the Plan.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/neb16-40787-153.pdf

The Plan was filed by the Debtor's counsel:

     John C. Hahn, Esq.
     WOLFE, SNOWDEN, HURD, LUERS & AHL, LLP
     Attorneys at Law
     Wells Fargo Center
     1248 "O" Street, Suite 800
     Lincoln, NE 68508-1424
     Tel: (402) 474-1507

Headquartered in Grand Island, Nebraska, Cornerstone Tower
Service,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. D. Neb.
Case No. 16-40787) on May 13, 2016, estimating its assets at
between $1 million and $10 million and liabilities at between $1
billion and $10 billion. The petition was signed by James Scheer,
president.

Judge Thomas L. Saladino presides over the case.

John C. Hahn, Esq., at Jeffrey, Hahn, Hemmerling & Zimmerman serves
as the Debtor's bankruptcy counsel.

On June 20, 2016, the U.S. Trustee for the District of Nebraska
appointed the Committee of Unsecured Creditors.  On Aug. 24, 2016,
the U.S. Trustee filed an Amended Committee appointment.  The
Committee currently consists of three members.  The Committee hired
Koley Jessen, P.C., L.L.O., as its legal counsel.


CORPORATE RISK: S&P Alters Outlook to Pos. on Kroll Ontrack Deal
----------------------------------------------------------------
S&P Global Ratings said that it revised its outlook on U.S.-based
pre-employment background screening and investigative and cyber
security services provider Corporate Risk Holdings LLC to positive
from negative.  At the same time, S&P affirmed its 'CCC+' corporate
credit rating on the company.

S&P also affirmed its 'CCC+' issue-level rating on the company's
first-lien facilities, including the $60 million revolving facility
expiring in 2018, the $275 million term loan due in 2018, and the
$825 million notes due in 2019.  The '3' recovery rating on the
first-lien facilities, which indicates S&P's expectation for
creditors to receive meaningful (low end of the 50%-70% range)
recovery in the event of payment default, is unchanged.  S&P
affirmed its 'CCC-' issue-level rating on the $96 million
second-lien notes due in 2020.  The '6' recovery rating on the
second-lien notes, which indicates S&P's expectation for creditors
to receive negligible (0%-10%) recovery in the event of payment
default, is also unchanged.

S&P estimates the company's adjusted debt was approximately
$1.2 billion as of June 30, 2016, which includes S&P's adjustments
for operating leases.

The outlook revision reflects S&P's expectation that Corporate Risk
Holdings will apply at least a part of the proceeds from the sale
of Kroll Ontrack to LDiscovery for a cash payment of
$410 million toward permanent debt reduction.  S&P believes it
could lead to debt-to-EBITDA leverage strengthening to near or
below 6x over the next year, which may lead to an upgrade.

S&P's ratings on Corporate Risk Holdings continue to reflect its
high financial leverage and dependency on favorable conditions to
support its high post-emergence debt burden.  S&P views the sale of
Kroll Ontrack as favorable overall, as it provides good financial
flexibility.  Before completion of the Kroll Ontrack transaction,
S&P expects debt to EBITDA to be near 9x in 2016 but could improve
to near or below 6x in 2017 as sales proceeds are applied to debt
reduction.  S&P also expects funds from operations (FFO) will
approach $30 million in 2016 and improve to near
$40 million in 2017 as EBITDA margins grow because of ongoing cost
savings and as Kroll Ontrack's business is deconsolidated.

S&P's ratings reflect the operations of HireRight and Kroll
Advisory.  HireRight has a narrow business and geographic focus and
efficient operating platform in the competitive pre-employment and
background screening industry.  Kroll Advisory operates as a
provider of investigative, compliance, due diligence, and cyber
security services to its global clients.  S&P's ratings reflect
HireRight's participation in a highly fragmented industry, with low
barriers to entry, where intense price competition could pressure
revenue growth and lead to margin compression over time. S&P
considers HireRight's reputation to be solid as it grew
continuously despite a bankruptcy proceeding.  Further, S&P expects
both HireRight and Kroll Advisory will continue to benefit from
tailwinds from increasing focus on minimizing employment hiring
mistakes and heightened focus on corporate security.

This expectation is based on the following key outcomes of S&P's
forecast:

   -- U.S. real annual GDP growth of 1.5% in 2016 and 2.4% in
      2017, and U.S. unemployment of 4.8% in 2016 and 4.5% in
      2017.

   -- Revenue growth of about 5% in 2016 and decline about 18% in
      2017 following the sale of Kroll Ontrack.

   -- EBITDA margin, per our guidelines, will be in the high-16%
      area in 2016 and widen to the mid-19% area in 2017, from the

      divesture Kroll Ontrack business.

   -- FFO near $30 million in 2016 and improving to about
      $40 million in 2017.

   -- Capital spending of about $30 annually.

The positive outlook reflects S&P's view that Corporate Risk
Holdings' credit metrics will improve subsequent to the sale of
Kroll Ontrack.  Although the company has not committed to prepaying
any portion of its debt obligations, S&P expects that cash would be
for debt reduction to lower its interest burden and improve
financial flexibility.  S&P could raise its ratings over the next
year if debt-to-EBITDA leverage stays near or below 7x while
maintaining at least an adequate liquidity assessment.  S&P
estimates this could occur if debt is reduced by at least
$250 million (assuming current debt and EBITDA).

S&P could consider revising the outlook to stable if its forecast
for free operating cash flow (FOCF) is negative or if there is
unanticipated pressure on liquidity.  S&P estimates this could
occur if EBITDA declines significantly from current levels.

                       RATINGS SCORE SNAPSHOT

Corporate Credit Rating: CCC+/Positive/--
Business risk: Vulnerable
   -- Industry risk: Intermediate
   -- Country risk: Very low
   -- Competitive position: Vulnerable

Financial risk: Highly leveraged
   -- Cash flow/leverage: Highly leveraged

Modifiers
   -- Liquidity: Less than adequate (no impact)
   -- Financial policy: FS-6 (no impact)




CUZCO DEVELOPMENT: May Avoid JCCHO Master Lease, Court Says
-----------------------------------------------------------
Judge Robert J. Faris of the United States Bankruptcy Court for the
District of Hawaii granted the Cuzco Development U.S.A., LLC's
motion for summary judgment in the adversary proceeding captioned
CUZCO DEVELOPMENT U.S.A., LLC, Plaintiff, v. JCCHO HAWAII, LLC,
Defendant, Adv. Pro. No. 16-90031 (Bankr. D. Haw.).

On January 21, 2016, East West Bank, the holder of the first
mortgage on Cuzco's 3.5 acre commercial property located at 805-919
Keeaumoku Street, Honolulu, Hawaii, filed a foreclosure action
against Cuzco and other parties claiming an interest in the
property, including JCCHO Hawaii, LLC.  JCCHO claims an interest in
the Keeaumoku property by virtue of a master lease.

East West Bank filed a notice of pendency of action (NOPA) on
January 27, 2016, with the Land Court.  A month later, JCCHO filed
an answer and cross-claim in the foreclosure case, demanding (among
other things) specific performance of the master lease and a
declaration that the master lease "is valid, binding and
enforceable."  JCCHO did not file its own NOPA.

Cuzco commenced an adversary proceeding on July 15, 2016, to avoid
JCCHO's master lease.  Cuzco claimed that, as a hypothetical bona
fide purchaser of the Keeaumoku property under 11 U.S.C. section
544(a)(3), it is entitled to avoid the master lease as to the Land
Court parcels because the master lease is not noted on the transfer
certificate of title (TCT).  The complaint did not seek to avoid
the master lease on the non-Land Court parcel or to invalidate the
master lease under non-bankruptcy grounds.

On August 17, 2016, JCCHO filed an answer and a counterclaim for
unjust enrichment, breach of contract, breach of good faith and
fair dealing, and tortious interference with business.

Cuzco filed a motion for summary judgment on the complaint, but not
on the counterclaim.  The motion presented the question whether a
chapter 11 debtor in possession may avoid a lease that was not
filed in the Land Court.

JCCHO acknowledged that the lease was not filed, but claimed that a
notice of pendency of action filed by a mortgagee in a foreclosure
action protects its interest.  JCCHO argued that East West Bank's
NOPA, which was noted on the TCT, was sufficient to bind a bona
fide purchaser to the judgment in the foreclosure case, including a
potential judgment in favor of JCCHO.

Judge Faris predicted that the courts of Hawaii would hold that
East West Bank's NOPA does not protect JCCHO's claims under the
unfiled master lease.

Judge Faris found that JCCHO filed a cross-claim and counterclaim
in East West Bank's foreclosure case in which JCCHO sought
affirmative relief (specific performance of the master lease and a
declaration that the master lease "is valid, binding and
enforceable") and new causes of action (breach of contract, breach
of good faith and fair dealing, tortious interference with
prospective economic advantage, and unjust enrichment).  The judge
held that in these circumstances, JCCHO was not entitled to rely on
East West Bank's NOPA, but should have filed its own NOPA.  Judge
Faris concluded that JCCHO's failure to do so means that Cuzco, as
a hypothetical bona fide purchaser of the Keeaumoku property, is
entitled to avoid JCCHO's claims to the property.

The bankruptcy case is In re CUZCO DEVELOPMENT U.S.A., LLC, Chapter
11, Debtor, Case No. 16-00636 (Bankr. D. Haw.).

A full-text copy of Judge Faris' November 3, 2016 memorandum of
decision is available at https://is.gd/lU1XP6 from Leagle.com.

Cuzco Development U.S.A., LLC is represented by:

          Chuck C. Choi, Esq.
          Allison A. Ito, Esq.
          Neil J. Verbrugge, Esq.
          WAGNER CHOI & VERBRUGGE

Office of the U.S. Trustee., U.S. Trustee, is represented by:

          Curtis B. Ching, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          1132 Bishop Street, Room 602
          Honolulu, HI 96813-2830
          Tel: (808)522-8150
          Fax: (808)522-8156

                      About Cuzco Development

Cuzco Development U.S.A., LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Hawaii Case No. 16-00636) on June
20, 2016.

The petition was signed by Kay Nakano, responsible individual. The
case is assigned to Judge Robert J. Faris.

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


CYCLE SHACK: Exit Plan Sets Aside $35K for Unsecured Creditors
--------------------------------------------------------------
Cycle Shack, Inc., will set aside $35,606 to pay its general
unsecured creditors, according to the company's proposed plan to
exit Chapter 11 plan protection.

Under the restructuring plan, the company proposes to pay $2,010 to
Class 2(a) general unsecured creditors who will receive on the
effective date of the plan a single payment equal to the full
amount of their allowed claims.

Class 2(a) includes any creditor whose allowed claim is $250 or
less, and any creditor in Class 2(b) whose allowed claim is larger
than $250 but agrees to reduce its claim to $500.

Meanwhile, Class 2(b) general unsecured creditors will receive
$33,596 or 10% of their allowed claims 90 days from effective date,
provided that the claims of C & S Properties and certain principals
of Cycle Shack will be subordinated in full to unsecured claims.

Funding of the plan will be made by Cycle Shack's principals
primarily Homer Dyer, Grove Hoover, and Steven Reedy, according to
the company's disclosure statement filed on Nov. 3 with the U.S.
Bankruptcy Court Northern District of California.

A copy of the disclosure statement is available for free at
https://is.gd/Kz6sPE

Cycle Shack is represented by:

     Iain A. Macdonald, Esq.
     Macdonald Fernandez LLP
     221 Sansome Street, Third Floor
     San Francisco, CA 94104
     Tel: (415) 362-0449
     Fax: (415) 394-5544

         About Cycle Shack

Cycle Shack, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Cal. Case No. 15-30466) on April 14, 2015, estimating under $1
million in both assets and liabilities.  It is represented by Iain
A. Macdonald, Esq., at MacDonald Fernandez, LLP.


DANA HOLDING: Moody's Retains Ba3 CFR Over Brevini Group Deal
-------------------------------------------------------------
Moody's Investors Service said that Dana Holding Corporation's
(Dana, Ba3 stable) announcement that it has entered into a
definitive agreement to purchase the power-transmission and fluid
power businesses of Brevini Group, S.p.A. is credit positive but
does not currently impact Dana's Ba3 Corporate Family Rating nor
stable rating outlook.

Dana Holdings Corporation, headquartered in Maumee, Ohio, is a
global manufacturer of driveline, sealing and thermal management
products serving OEM customers in the light vehicle, commercial
vehicle and off-highway markets.  Revenue for the LTM period ending
Sept. 30, 2016, was approximately $5.8 billion.



DEDA ENTERPRISES: Ch.11 Trustee Hires Brunetti Rougeau as Counsel
-----------------------------------------------------------------
Kyle Everett, the Chapter 11 Trustee of Deda Enterprises, Inc.,
seeks authority from the U.S. Bankruptcy Court for the Northern
District of California to employ Brunetti Rougeau LLP as bankruptcy
counsel to the Trustee.

Mr. Everett requires Brunetti Rougeau to:

   a. assist the Trustee with his analysis of the Debtors'
      financial condition, including evaluation of the Debtor's
      bankruptcy pleadings and financial disclosures;

   b. assist, advise and represent the Trustee in any
      consultations with creditors and parties in interest
      regarding the administration of the bankruptcy case;

   c. assist, advise and represent the Trustee in any manner
      relevant to the performance of the Trustee's duties,
      including, but not limited to, conducting discovery upon
      third parties regarding the Debtors' assets and
      liabilities;

   d. prepare and file documents and pleadings, as necessary,
      relating to the disposition of the Debtors' assets or the
      operation of the Debtors' business;

   e. advise the Trustee any financial matters and transactions
      and matters relating to the Debtors' operations and assets;

   f. assist, advise and represent the Trustee in any issues
      associated with the acts, conduct, assets, liabilities, and
      financial condition of the Debtors, and any other mattes
      relevant to this case or to the formulation of any plan of
      reorganization;

   g. assist, advise and represent the Trustee in the
      negotiation, formulation, preparation and submission of any
      plan of reorganization and disclosure statement;

   h. assist, advise and represent the Trustee in the performance
      of his duties as Trustee, the exercise of his powers under
      the Bankruptcy Code and the Bankruptcy Rules, and the
      Court's orders;

   i. assist, advise and represent the Trustee in any proceedings
      or hearings before the Court and in any action in any
      other court involving estate litigation;

   j. make court appearances on behalf of the Trustee in the
      case; and

   k. take such other actions and perform such other services as
      the Trustee may require of Brunetti Rougeau in connection
      with the Chapter 11 case, including litigation.

Brunetti Rougeau will be paid at these hourly rates:

     Kenneth A. Brunetti          $450
     Gregory A. Rougeau           $450
     Paralegal                    $100-$200

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

Gregory A. Rougeau, member of Brunetti Rougeau 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 Debtor and its estates.

Brunetti Rougeau can be reached at:

     Gregory A. Rougeau, Esq.
     BRUNETTI ROUGEAU LLP
     400 California Street, Suite 1000
     San Francisco, CA 94104
     Tel: (415) 992-8940
     Fax: (415) 263-9200
     E-mail: grougeau@brlawsf.com

                       About Deda Enterprises

Deda Enterprises Inc., dba Home of Chicken and Waffles, filed a
Chapter 11 bankruptcy petition (Bankr. N.D. Cal. Case No. 14-44505)
on November 10, 2014, disclosing under $1 million in both assets
and liabilities. Gregory A. Rougeau, Esq., a Brunetti Rougeau LLP
serves as bankruptcy counsel.

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


DESERT SPRINGS: Sale of Two Cathedral City Parcels Approved
-----------------------------------------------------------
Judge Mark S. Wallace of the U.S. Bankruptcy Court for the Central
District of California authorized Desert Springs Financial, LLC's
sale of a parcel of real property located at 68031 Ramon Road,
Cathedral City, California,  APN 680-190-033 ("Towers"), to GK Real
Estate Group, LLC, for $2,290,000, subject only to the leasehold
interests of 111 Smoke Shop; and the refinance of the adjacent
parcel located at 68051 Ramon Road, Cathedral City, California, APN
680-190 -034 ("Bowling"), secured by a senior lien in favor Socotra
Capital, subject only to the leasehold interests of Ramon Palm
Lane, Inc. ("RPL").

A hearing on the Motion was held on Nov. 8, 2016 at 2:00 p.m.

The objection raised at the time of the hearing by RPL, and Yun Hei
Shin and the United States Trustee that service of the Notice and
Motion was not in compliance with FRBP 2002(a)(2), 6004(a) and
4001(c)(1)(C) is overruled for the reasons stated by the Court on
the record.

The 14-day stay pursuant to FRBP Rule 6004(h) is waived.

The Debtor is authorized to refinance debt secured by a 1st Trust
Deed of senior or equal priority on the Bowling with a loan in the
amount of $2,575,000 for a 36 month term at 10.5% per annum
interest subject to loan origination fee of 2.75 points and fees of
$2,050.  Payments are interest only during the 3-year loan term.
Said refinance is to fund and close on Dec. 8, 2016.

The sale of Towers to G&K Real Estate for $2,290,000 must be
completed on Dec. 8, 2016.

The simultaneous escrows that have been opened are approved for the
concurrent administration and processing of the refinance and the
sale.  Both escrows are to close simultaneously and concurrently.
Neither escrow can close without closing the other.

That Fidelity National Title, National Commercial Services, will
serve as escrow officer/administrator pursuant to escrow
instructions to collect and disburse funds for both the refinance
and the purchase and coordinate recording of this order, liens,
release of liens, and deeds of trust and other documents as
necessary for the concurrent close on Dec. 8, 2016, of:

    a. Escrow #23087426 (68051 Ramon Rd., APN 680-190-034) and,

    b. Escrow #23079124 (68031 Ramon Rd., APN 680-190-033) such
that refinance funds after payment of property taxes and liens
specific to escrow #23087426 (APN 680-190-034) are instantly
transferred to escrow #23079124 (APN 680-190-033) for immediate
disbursement to secured creditors subject to the following:

          i. Pacific Premier Bank's lien will be paid in full.

         ii. RPL and Shin will be paid jointly $1,284,139 plus
simple interest of 10% per annum from Nov. 8, 2016, to date of
payment if paid prior to Dec. 1, 2016.  If paid after Nov. 30,
2016, the amount will be reduced by the reduction of principle due
to recoupment of the rent due Dec. 1, 2016, unless December rent is
paid by Ramon Palm Lane, or its guarantor, Shin prior to said
payment.

        iii. The difference between $1,607,159 and $1,284,139 plus
$15,000 will be transferred to a third separate escrow to be held
pending the Court's determination of the precise amount of the
balance of the judgment and attorney fees and costs owed to
RPL/Shin.  RPL/Shin's judicial lien will attach to this amount
pending the court determination.

         iv. J&K Drywall will be paid sufficient to release its
judgment lien on the properties.  Exact amount to be determined.

          v. The balance of any remaining funds from the two
escrows will, upon closing of the concurrent escrows, be
transferred to the third separate escrow pending Court approval for
distribution.

         vi. Unsecured creditors will be paid pursuant to a
confirmed Plan.  No unsecured creditors are to be paid from escrow
funds absent a confirmed Plan.

All interested parties shall cooperate with each other and the
escrow officer in the administration of escrow to properly and
timely deliver and execute all documents necessary for release of
funds to and from escrow and proper processing and recording of
documents necessary for close of escrow such that title transfers
will be free and clear of liens, claims, encumbrances, and
interests on Dec. 8, 2016, in sequence as follows:

          a. Escrow #23087426 (Bowling)

              i. Cash payment will be disbursed to RPL and Shin in
the full amount of principal and interest due.

             ii. RPL/Shin liens and claims will be released from
all the Desert Springs assets other than APN 680-190-035 (the
so-called vacant lot parcel) except that said liens will attach to
that portion of the third escrow funds.

            iii. Socotra Capital or other lender will be granted a
senior lien on APN 680-190-034.

             iv. Any property taxes due and/or government liens
will be paid per escrow instructions.

              v. Balance of funds from this escrow will instantly
transfer to:

          b. Escrow #23079124 (Towers)

               i. Cash payment will be disbursed to Pacific in
satisfaction of its lien on all Desert Springs properties per Proof
of Claim #3.

              ii. Pacific lien will be released from all Desert
Springs properties.

             iii. Any property taxes due and/or government liens
will be paid per escrow instructions.

              iv. Fees and commission will be disbursed to Mike
Radlovic, Coldwell Banker Commercial-SC in the amount of $80,150.

               v. Any remaining funds in escrow after the above
disbursement and payment of all fees and costs of escrow shall
transfer to a separate third escrow account pending Court approval
of distribution per the Court's determination as set forth in
5(b)(i)(3) a confirmed Plan and the Court approved application(s)
for compensation of professionals and administrative costs, and
resolution of any disputed claims for attorney fees and costs and
any other remaining disputes as to calculation and distribution of
said funds.

          c. Escrows #23087426 and #23079124 will close
simultaneously - neither of these escrows may close without close
of both escrows.

          d. Title to Towers will transfer to G&K Real Estate upon
close of escrow.

          e. Title and possession to Bowling will be remained
vested in Desert Springs upon close of escrow subject to the
refinance lien and the lease between Desert Springs and RPL, which
lease will remain in full force and effect as modified by the state
court judgment entered in the Superior Court of the State of
California, County of Riverside case #INC 10003583 on Dec. 23,
2015.

The approval of the sale and refinance as set forth expires if the
escrows are not closed on Dec. 8, 2016, unless the court, for good
cause, extends the time.

                About Desert Springs Financial

Desert Springs Financial LLC filed a chapter 11 petition (Bankr.
N.D. Cal. Case No. 16-14859) on May 30, 2016.  The single asset
real estate debtor is represented by Wayne M. Tucker, Esq., at
Orrock Popka Fortino Tucker & Dolen in Redlands, Calif.  At the
time of the filing, the Debtor disclosed $16.8 million in assets
and $7.33 million in liabilities.


DETROIT PUBLIC SCHOOLS: Moody's Raises Issuer Rating to B2
----------------------------------------------------------
Moody's Investors Service has upgraded Detroit Pubic Schools'
issuer rating to B2 from Caa1.  The outlook is stable.  The issuer
rating reflects the district's general obligation (GO) equivalent
rating as Moody's does not have an underlying rating on any of the
district's outstanding debt.  Detroit Public Schools (DPS) now
operates as a distinct debt servicing entity, separate from Detroit
Public Schools Community District (DPSCD), which is responsible for
all operations and providing public education to Detroit's K-12
students.  DPSCD has no Moody's rating and no debt.

The upgrade to B2 reflects the achievable repayment framework to
retire DPS' sizable outstanding obligations.  The rating also
reflects the district's challenged tax base and weak demographic
profile, including low income levels, high unemployment, and
continuing population loss.  The significant leveraging of the tax
base, which is coterminous to the City of Detroit (B2 stable), will
likely face an escalating burden in 2024 when the city resumes
pension contributions.  Absent substantial economic improvement,
the net overall leverage on this tax base will pose a persistent
drag on DPS' rating.

Rating Outlook

The stable outlook reflects the expected lack of rating volatility
on the credit given the restructuring of the district as a limited
separate entity.  DPS now exists for the sole purpose of paying off
accumulated liabilities with existing dedicated revenue streams.
Additional stability is provided by state commitment on outstanding
capital debt, trustee intercept of revenues servicing accumulated
operating debt, and district oversight by the Financial Review
Commission (FRC), which also oversees operations of DPSCD and the
city.

Factors that Could Lead to an Upgrade

  Material tax base expansion and improved collection trends
  Stable to positive demographic trends
  Material moderation of outstanding liabilities

Factors that Could Lead to a Downgrade

  Further significant tax base contraction or weakened collection
   trends
  Failure to stabilize population trends, local business activity,

   or resident income metrics
  Breakdown of enacted reforms and indication that district
   leadership may recommend filing for protection under Chapter 9

Legal Security

The district's GOULT bonds are secured by the authorization and
pledge to levy a tax unlimited as to rate and amount to pay debt
service.  The bonds are further secured under the SBQLP state
enhancement program, which provides for the issuance of state loans
to repay any portion of debt service not covered by the district's
levy, which, in order to remain qualified under the state
enhancement program, cannot exceed 13-mills.  Repayment on the
loans from the state also benefits from an unlimited tax pledge.
The district's GOLT bonds are secured by a limited tax pledge,
payable from all operating revenues of the district subject to a
statutory trust and statutory lien on tax revenues collected by a
third-party governmental entity and directly deposited to a trustee
to first pay GOLT debt service before any other obligations.

Use of Proceeds
Not applicable.

Obligor Profile
Detroit Public Schools is a taxing authority which is coterminous
with the boundaries of the City of Detroit.  Effective July 1,
2016, the district transferred all fixed assets and operating
responsibilities to the newly created Detroit Public Schools
Community District (DPSCD) and assumed all outstanding liabilities.
The district will remain in place until all obligations of the
district are retired, at which point the district will dissolve and
the taxing authority will transfer to the DPSCD.

Methodology

The principal methodology used in this rating was US Local
Government General Obligation Debt published in January 2014.


DIRECT MEDIA: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Direct Media Power, Inc.
           aka DMP Teleservices Inc.
        199 S Addison Road, Suite 102a
        Wood Dale, IL 60191

Case No.: 16-36934

Chapter 11 Petition Date: November 21, 2016

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Timothy A. Barnes

Debtor's Counsel: Adam S Tracy, Esq.
                  THE TRACY FIRM, LTD.
                  2100 Manchester Road, Suite 615
                  Wheaton, IL 60187
                  Tel: (888) 978-9901
                  Fax: (630) 689-9471
                  E-mail: at@tracyfirm.com
                          at@ibankattorneys.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Dean Tucci, president.

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


EDWARD M. WILKE: Unsecureds To Recoup 0.005% Under Plan
-------------------------------------------------------
Edward M. Wilke and Taffy M. Watkins filed with the U.S. Bankruptcy
Court for the District of Nevada an amended first disclosure
statement referring to the Debtors' plan of reorganization dated
Nov. 9, 2016.

Class 3 General Unsecured Claims totaling $442,778 are impaired
under the Plan.  Holders of these claims are expected to recover
.005%.

On the Effective Date payments to creditors in Classes 1 through 3
will be funded from the Debtors' combined personal income.

Payments to Class 3 creditors required under the Plan will be
funded by the Debtors Disposable Monthly Income.  These monthly or
quarterly Distributions or the Plan Payment during the Plan Term
will be $200 per month.  The Debtors will make monthly
distributions to Class 3 claims, in accordance with the terms of
this Plan, during the entire plan term.  Commencing on the first
day of the first month following the Effective Date of the Plan,
Debtors shall continue to make monthly plan payments to the Class 3
General Unsecured Creditors, until the completion of the plan term,
which is on or about Jan. 1, 2021.  It is estimated that this will
require the Debtors to pay a maximum combined total of ($200 x 60
months = $12,000) to Class 3 General Unsecured Creditors.

However, because the debtors have unpaid priority administrative
claims there will be a very limited distribution to Class 3 general
unsecured creditors' claims until all professional fees are paid.
This monthly plan payment is not expected to increase throughout
the plan term.  Furthermore, the Debtor may pay off the total Plan
Payment due to general unsecured creditors of $2,000 at any time
after confirmation minus any plan payments tendered, which the
debtor may then apply for a discharge.

Administrative Professional Fee Claims total $2,000.  The Debtors
will be their own distribution agent.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/nvb16-15641-14.pdf

The Plan was filed by:

     Andrew J. Van Ness, Esq.
     HUNTER PARKER LLC
     1428 S Jones Boulevard
     Las Vegas, NV 89146
     Tel: (702) 686-9297
     E-mail: hunterparkerllc@gmail.com

Edward M. Wilke and Taffy M. Watkins filed for Chapter 11
bankruptcy protection (Bankr. D. Nev. Case No. 16-15641) on Oct.
19, 2016.  Andrew J. Van Ness, Esq., at Hunter Parker LLC serves as
the Debtor's counsel.


EDWIN GORDON BOND: Disclosures Okayed, Plan Hearing on Jan. 12
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Tennessee
will consider approval of the Chapter 11 plan of reorganization
proposed by Edwin Gordon Bond, Jr. and his wife at a hearing on
January 12.

The hearing will be held at 10:00 a.m., at the Howard H. Baker, Jr.
U.S. Courthouse, Courtroom 1-C, First Floor, Knoxville, Tennessee.

The court on November 3 approved the Debtor's disclosure statement,
allowing him to start soliciting votes from creditors.  

The order set a January 5 deadline for creditors to cast their
votes and file their objections.

Under the plan, holders of Class 4-A general unsecured claims --
totaling $978,690 -- will be paid $100 per month starting on the
10th day of the month following the effective date and ending on
the 60th month after the effective date.  The creditors are
expected to get a total payout of $6,000.

                     About Edwin Gordon Bond

Edwin Gordon Bond, Jr., and Elizabeth Ann Bond receive income from
husband's employment as a manager with BAE Systems Technology
Solutions & Services, Inc., located in Charleston, South Carolina.

The Debtors filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Tenn. Case No. 15-33362) on Nov. 10, 2015.


EIG MANAGEMENT: S&P Affirms 'BB+' ICR; Outlook Stable
-----------------------------------------------------
S&P Global Ratings said it affirmed its 'BB+' long-term issuer
credit rating on EIG Management Company LLC.  The outlook is
stable.

S&P also affirmed its 'BB+' issue-level rating with a '3' recovery
rating on the firm's first lien senior secured notes.  However, S&P
has revised its recovery expectations following the firm's debt
amendment and now expects a recovery in the lower half of the
50-70% range.

"The affirmations reflect our expectation that EIG will
significantly increase its fundraising and earnings in 2017,
helping to drive leverage down to between 1.5x-2.0x versus our
expectation of 2.3x-2.5x for full-year 2016," said S&P Global
Ratings credit analyst Clayton D Montgomery.  S&P expects the
firm's Energy Fund XVII to be the primary driver of earnings growth
and deleveraging in 2017.  Although the exact timing of the
fundraise is unclear, S&P's base case scenario for next year
incorporates a meaningful level of earnings growth derived from
this fund as well as other smaller funds EIG is currently raising
money for.

In the third quarter, EIG amended its first lien senior secured
notes due 2018.  Under the amendment, the $52.5 million outstanding
in notes will no longer amortize resulting in a single bullet
payment due in July 2018.  While S&P views this amendment as
supportive of the firm's liquidity position over the near term, the
firm will now have more debt outstanding than S&P previously
projected pressuring our forecasted leverage and interest coverage
metrics somewhat.  S&P do not expect EIG's liquidity to improve
meaningfully through year-end and into 2017.  Instead, S&P believes
that EIG's investment needs, distributions and equity redemption
payments will continue to limit the firm's ability to build cash.
EIG had $24 million in cash as of Sept. 30, down from
$40 million at year-end 2015.

Given the firm's debt amendment, S&P now believes more debt will be
outstanding in its default scenario than it previously
incorporated.  Due to this, S&P has revised its recovery
expectations on the firm's first lien notes.  S&P's analysis
suggests a recovery in the lower half of the 50-70% range versus
its previous expectations of a recovery in the upper half of the
50-70% range.

The stable outlook reflects S&P's expectation for EIG to
demonstrate meaningful fee-paying AUM and EBITDA growth in 2017
driving leverage back below 2.0x.  It also reflects S&P's
expectation for the firm to continue to slowly expand and diversify
its product offering, although S&P expects EIG to continue to be
highly dependent on its core Energy Funds.

S&P could lower the rating if the firm's earnings do not improve
in-line with S&P's forecasts and it expects leverage to continue to
remain over 2.0x.  Furthermore, S&P could lower the ratings if it
observes sustained underperformance in the firm's funds such that
S&P believes the firm's brand and ability to raise future funds has
been meaningfully harmed.

An upgrade is unlikely over the next 12 months.  However it is
possible if EIG grows its fee-paying AUM substantially and
demonstrates increased earnings diversification.  An upgrade would
also be contingent upon the firm improving leverage to below 1.5x
and improving interest coverage to above 10x.



EIGHT MILE: Unsecureds To Recoup 3% Under Plan
----------------------------------------------
Eight Mile Holdings, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Michigan a combined disclosure statement
and plan of reorganization.

The Debtor will pay a dividend of 3% to the Class 2 General
Unsecured Claims, which will be paid over 60 monthly installments
in the amount of $701.50.  These payments, as with all plan
payments, may be prepaid.  The General Unsecured Claims total
$1,403,010.28.

The Debtor reasonably believes that its future operations will
generate sufficient funds to satisfy its obligations under the
Plan.  To the extent that additional funds are necessary, third
parties may provide such funds to the Reorganized Debtor.  Other
sources of cash may be explored and utilized by the Reorganized
Debtor to the extent that cash infusions are necessary to meet the
obligations of the Plan.  It is also contemplated that the final
payments under the Plan will be made by refinancing or selling the
property, to the extent necessary.  By way of example, the rents
from Debtor's tenant, 875 Scrap Iron, will assist in funding the
plan payments.

If necessary, the Reorganized Debtor may, in its sole discretion,
seek to obtain refinancing from either a lending institution or
from other sources in an effort to satisfy the necessary cash
payments described in the Plan.  In the event that the Reorganized
Debtor obtains financing, it will not obligate the Reorganized
Debtor to accelerate any of the payments or obligations set forth
in this Plan.  There will be no prepayment penalty regarding plan
payments.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/mieb16-51252-40.pdf

                    About Eight Mile Holdings

Eight Mile Holdings, LLC ,sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E. D. Mich. Case No. 16-51252) on Aug. 11,
2016.  The petition was signed by Joel Silverstein, member.  

The case is assigned to Judge Mark A. Randon.

At the time of the filing, the Debtor estimated assets of less than
$500,000 and liabilities of $1 million to $10 million.

Robert Bassel, Esq., who has an office in Clinton, Michigan, serves
as the Debtor's counsel.


ELIZARDO CRUZ: Unsecureds To Recover 5% Under Plan
--------------------------------------------------
Elizardo Matos Cruz filed with the U.S. Bankruptcy Court for the
District of Puerto Rico a disclosure statement referring to the
Debtor's plan of reorganization.

Class 4 General Unsecured Creditors will receive a distribution
equal to 5% of its allowed claim pursuant to the terms and
conditions of the Plan, that is during the six years following the
effective date.  Class 4 is impaired by the Plan.

The Plan will be funded by cash on hand at the Effective Date.
Future income from savings on reduction of operational expenses
maintaining and increasing the services provided to patients will
be used also for the payment plan.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/prb16-02354-53.pdf

The Plan was filed by the Debtor's counsel:

     Luis D. Flores Gonzalez, Esq.
     LUIS D. FLORES GONZALEZ 121505
     Attorney for Debtor
     Georgetti No. 80 Suite 202
     RioPiedras, Puerto Rico 00925
     Tel: (787) 758-3606
     E-mail: ldfglaw@yahoo.com
             ldfglaw@coqui.net

Elizardo Matos Cruz sought chapter 11 protection (Bankr. D.P.R.
Case No. 16-02354) on March 29, 2016.  The Debtor is represented by
lawyers at Luis D Flores Gonzalez, Esq.


ELOY LEAL: Court Approves Disclosure Statement
----------------------------------------------
The Hon. Russell F. Nelms of the U.S. Bankruptcy Court for the
Northern District of Texas has approved Eloy Leal's disclosure
statement filed on Oct. 6, 2016, for the Debtor's Chapter 11 plan
of reorganization filed on Oct. 6, 2016.

As reported by the Troubled Company Reporter on Oct. 25, 2016, the
Court had earlier issued an order conditionally approving the
Debtor's disclosure statement allowing him to start soliciting
votes from creditors.

Class 3 General Unsecured Class Unsecured portion of Internal
Revenue Service are impaired.  Distributions will be paid starting
60 days after Confirmation, over a ten-year period.  

Payments and distributions under the Plan will be funded by the
normal operations of the insurance agency.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb15-44232-73.pdf

Eloy Leal filed a voluntary petition for relief under Chapter 7 on
Oct. 22, 2015.  On April 11, 2016, the Debtor converted the case to
a Chapter 11 case (Bankr. N.D. Tex. Case No. 15-44232).  The Debtor
is represented by Craig D. Davis, Esq., at Davis, Ermis & Roberts,
P.C., in Arlington, Texas.


EMPYREAN TOWERS: Hires Tony Ruch as Special Counsel
---------------------------------------------------
Randy Sugarman, the Chapter 11 Trustee of Empyrean Towers, LLC,
seeks authority from the U.S. Bankruptcy Court for the Northern
District of California to employ the Law Offices of Tony Ruch as
special counsel to the Trustee.

Mr. Sugarman requires Tony Ruch to represent the Debtor in all
matters related to unlawful detainer and other tenant issues in the
bankruptcy case.

To the best of the Trustee's knowledge that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and (a) are not creditors, equity security
holders or insiders of the Debtor; (b) have not been, within two
years before the date of the filing of the Debtor's chapter 11
petition, directors, officers or employees of the Debtor; and (c)
do not have an interest materially adverse to the interest of the
estate or of any class of creditors or equity security holders, by
reason of any direct or indirect relationship to, connection with,
or interest in, the Debtor, or for any other reason.

Tony Ruch can be reached at:

     Tony Ruch, Esq.
     LAW OFFICES OF TONY RUCH
     1815 Egbert Ave
     San Francisco, CA 94124

                       About Empyrean Towers

Empyrean Towers, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Cal. Case No. 15-42341) on July 30,
2015. The petition was signed by Alice Tse, manager.

The Debtor is represented by Eric A. Nyberg, Esq., at Kornfield,
Nyberg, Bendes and Kuhner, P.C. The case is assigned to Judge Roger
L. Efremsky.

The Debtor disclosed total assets of $6 million and total debt of
$5.2 million.


EP ENERGY: S&P Lowers Rating on Priority-Lien Term Loan to 'B-'
---------------------------------------------------------------
S&P Global Ratings lowered its issue-level rating on EP Energy
LLC's priority-lien term loan due 2021 to 'B-' from 'B', and
revised the recovery rating to '5' from '4'.  The '5' recovery
rating indicates S&P's expectation of modest (10%-30%; lower end of
the range) recovery in the event of a payment default.

The downgrade of the priority-lien term loan follows EP's
announcement that it has upsized its senior secured note issuance,
which is senior to the term loan, to $500 million from
$350 million.  As a result of the additional priority debt,
recovery expectations for the priority-lien term loan fall to '5',
indicating S&P's expectation of modest (10%-30%, lower end of
range) recovery in the event of a payment default, from '4'.  As a
result, S&P lowered the related issue-level rating to 'B-' from
'B'.  S&P used a company-provided midyear 2016 valuation of EP's
reserves in S&P's recovery analysis, computed at its recovery price
deck assumptions of $50 per barrel West Texas Intermediate crude
oil and $3.00 per mmbtu Henry Hub natural gas.

The recovery and issue-level ratings for the new senior secured
notes, second-lien secured term loans and senior unsecured debt are
unchanged.  The 'B' corporate credit rating and negative outlook on
EP are unaffected.

RATINGS LIST

EP Energy LLC
Corporate credit rating                 B/Negative/--


Issue-Level Rating Lowered; Recovery Rating Revised
                                        To           From
EP Energy LLC
Sr secd priority-lien term loan        B-            B
  Recovery Rating                       5L            4L  



ESPRESSO DREAM: Selling Four New York Coffee Shop Assets for $230K
------------------------------------------------------------------
Espresso Dream, LLC, asks the U.S. Bankruptcy Court for the
Southern District of New York to authorize the bidding procedures
in connection with the sale of substantially all assets of its four
coffee shops in New York for $230,000, subject to overbid.

The Debtor owns and operates 5 coffee shops located throughout New
York City.  The Debtor was formed for the initial purpose of
obtaining non-residential real property leases that could be used
for food services operations.  The Debtor obtained leases for 5
locations ("Store Locations"):

          a. Broadway, New York, New York ("1 Broadway");
          b. 201 West 21st Street, New York, New York ("Chelsea");
          c. 42 East 46th Street, New York, New York ("Roosevelt
Hotel");
          d. 8 West 46th Street, New York, New York ("West 46th
Street"); and
          e. 2541 Broadway, New York, New York ("Upper West
Side").

In 2013, the Debtor allowed one of its former, non-member managers,
Shlomo Levi, to sublet informally (i.e., no written sublease) the
Debtor's leaseholds so that he could operate them as Filicori
branded coffee shops, independently of the Debtor.  Mr. Levi,
through his own entities, entered into separate agreements with
Gruppo Industriale Filicori-Zecchini S.P.A. and Filicori Zecchini
USA, Corp. to operate Filicori branded coffee shops at the
locations informally sublet to him by the Debtor.  The Debtor was
never a party to any franchise agreement or any other contract with
Filicori, and the Debtor was therefore not bound by any provisions
of any franchise agreement, including non-compete provisions.

The Debtor's arrangement with the Filicori Operator seemed to work
well for a while but, in early 2016, the Debtor learned that Mr.
Levi and Filicori had a falling out.  The Debtor also had a dispute
of its own with Mr. Levi and thereafter terminated him as a manager
of the Debtor, terminated the informal sublease arrangements with
Mr. Levi's entities (in one case going so far as to file a
landlord-tenant proceeding to obtain warrant of eviction), and
severed all ties with Mr. Levi.

Upon information and belief based on court filings, in April 2016,
Filicori held the Filicori Operator in default of the franchise
agreements between those parties, and obtained an Arbitration Award
terminating the franchise agreement and enforcing the non-compete
provisions contained in the franchise and area distribution
agreements.  Thereafter, Filicori sought to confirm the Arbitration
Award in the New York Supreme Court against certain of the Filicori
Operator entities ("State Court Action").

On July 11, 2016, the State Court granted a preliminary injunction
in aid of arbitration against the Filicori Operator that enjoined
the Filicori Operator.  On July 15, 2016, the state court entered a
judgment against the Filicori Operator based on the preliminary
injunction order.

At some point thereafter, the Debtor resumed operations at the
Store Locations, with a business plan to operate the Store
Locations as a health conscious, price conscious small
restaurant/cafe.  As the Debtor has been finalizing the design and
menu for its concept, in or to preserve cash flow, good will, and
the jobs of the employees, in the interim it had admittedly resumed
operations of the Store Locations as coffee shops, in some instance
under the name Espresso Matto and others as Filicori Zecchini.

Since the state court injunction did not bar the Debtor from going
back into the food service business, including operating cafes, at
the Store Locations under a different name with no connection to
Filicori, the Debtor started doing so under the name Espresso
Matto.

On Aug. 15, 2016, Filicori obtained from the state court an
Order/Warrant for Closing to Enforce Judgment dated Aug. 15, 2016.
The enforcement of the Warrant was initially stayed based upon a
chapter 11 bankruptcy filing by the Filicori Operator, but on Sept.
28, 2016, the Bankruptcy Court granted partial relief from the
automatic stay imposed by the Filicori Operator's bankruptcy filing
to permit the state court action to proceed with enforcement of the
state court orders.

That afternoon, the Sheriff of the City of New York executed upon
the Warrant against the businesses that the Debtor was then
operating at the Store Locations, which were abruptly closed by the
Sheriff.  The Sheriff also closed the Debtor's corporate office
where all of its books and records are located.  The Sheriff
further locked the Debtor out of its storage facility located at 45
East 45th Street, New York, New York.

The closure of the Debtor's Store Locations by the Sheriff prompted
the Debtor to file the Chapter 11 Case and seek bankruptcy relief
and protections to protect its valuable assets.

Since the closure of the Store Locations, the Debtor's manager,
Moshe Maman, was contacted by numerous parties interested in
acquiring the leasehold interests in several of the Store
Locations.  The Debtor pursued these leads and procured offers on 4
of the leases and related assets ("Sale Assets"), which will
provide value to the Debtor's estate.

The offers are:

                           Arrears
   Location           Through 11/30/16      Offer   Net Benefit
   --------           ----------------      -----   -----------
   a. 1 Broadway               $12,830     $5,000       $22,170
   b. Chelsea                  $51,500    $60,000        $8,500
   c. Roosevelt Hotel          $28,691    $65,000       $36,309
   d. Upper West Side          $65,000   $100,000       $35,000

The Debtor is seeking to further maximize the value of the Sale
Assets by seeking to retain Auction Advisors, LLC to, inter alia,
market the Assets and conduct an auction sale.  The Auctioneer will
conduct an accelerated marketing campaign and implement an auction
sale of the Assets on Nov. 29, 2016.

The Debtor has received term sheets from the proposed purchasers on
the Sale Assets.  The Debtor is currently circulating a form of
Asset Purchase Agreement ("APA") which it is finalizing with each
respective purchaser.  Prior to the Auction, the Debtor will file
the executed the APA with each purchaser.

A copy of the term sheets attached to the Motion is available for
free at:

         http://bankrupt.com/misc/Espresso_Dream_45_Sales.pdf

Subject to the Court's approval of higher and/or better offers
through an auction process, the Debtor seeks approval to sell the
Sale Assets on these terms and conditions:

          a. 1 Broadway:

                    i. Seller: Espresso Dreams, LLC

                    ii. Purchaser: Michael Ezekial, or his
designee

                    iii. Purchase Price: $35,000

                    iv. Deposit: $3,500, payable upon execution of
the APA.

                    v. Property (i) The Debtor's leasehold interest
in the nonresidential real property lease for the retail space
located at 1 Broadway, New York, New York; (ii) Equipment,
furniture, and fixtures located at the premises; (iii)
Non-perishable inventory; and (iv) Security Deposit in the amount
of $30,954.

                    vi. Representations and Warranties; Covenants:
The representations and warranties and covenants are customary for
a transaction of this type, including, without limitation,
representations and warranties regarding the authority to enter
into the sale transaction and the agreement to abide by all laws
with respect to the sale, litigation, material contracts, permits,
environmental matter, ownership of property, taxes and condition of
the property, the best efforts of the parties, notices and
consents, access to information and the risk of loss.

                    vii. Closing Date: The closing of the
transactions contemplated by the Agreement will take place no later
than 3 business days following Court approval of the APA at the
offices of DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, or
such other place as the parties will mutually agree.

          b. Chealsea:

                    i. Seller: Espresso Dreams, LLC

                    ii. Purchaser: Nathan Iluz, Simul, LLC, or
their designee

                    iii. Purchase Price: $60,000

                    iv. Deposit: $6,000, payable upon execution of
the APA.

                    v. Property: (i) The Debtor's leasehold
interest in the nonresidential real property lease for the retail
space located at 201 West 21st Street, New York, New York; (ii)
Equipment, furniture, and fixtures located at the premises; (iii)
Non-perishable inventory; and (iv) Security Deposit in the amount
of $35,000.

                    vi. Representations and Warranties; Covenants:
The representations and warranties and covenants are customary for
a transaction of this type, including, without limitation,
representations and warranties regarding the authority to enter
into the sale transaction and the agreement to abide by all laws
with respect to the sale, litigation, material contracts, permits,
environmental matter, ownership of property, taxes and condition of
the property, the best efforts of the parties, notices and
consents, access to information and the risk of loss.

                    vii. Closing Date: The closing of the
transactions contemplated by the Agreement will take place no later
than 3 business days following Court approval of the APA at the
offices of DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, or
such other place as the parties will mutually agree.

           c. Roosevelt Hotel:

                     i. Seller Espresso Dreams, LLC

                     ii. Purchaser: Nathan Iluz, Simul LLC, or
their designee

                     iii. Purchase Price: $65,000

                     iv. Deposit: $6,500, payable upon execution of
the APA.

                     v. Property: (i) The Debtor's leasehold
interest in the nonresidential real property lease for the retail
space located at 42 East 46th Street, New York, York; ii)
Equipment, furniture, and fixtures located at the premises; (iii)
Non-perishable inventory; and (iv) Security Deposit in the amount
of $60,000.

                     vi. Representations and Warranties; Covenants:
The representations and warranties and covenants are customary for
a transaction of this type, including, without limitation,
representations and warranties regarding the authority to enter
into the sale transaction and the agreement to abide by all laws
with respect to the sale, litigation, material contracts, permits,
environmental matter, ownership of property, taxes and condition of
the property, the best efforts of the parties, notices and
consents, access to information and the risk of loss.

                      vii. Closing Date: The closing of the
transactions contemplated by the Agreement will take place no later
than 3 business days following Court approval of the APA at the
offices of DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, or
such other place as the parties will mutually agree.

          d. Upper West Side:

                      i. Seller: Espresso Dreams, LLC

                      ii. Purchaser: Michael Ezekial, or his
designee

                      iii. Purchase Price: $100,000

                      iv. Deposit: $10,000, payable upon execution
of the APA.

                      v. Property: (i) The Debtor's leasehold
interest in the nonresidential real property lease for the retail
space located at 2541 Broadway, New York, New York; (ii) Equipment,
furniture, and fixtures located at the premises; (iii)
Non-perishable inventory; and (iv) Security Deposit in the amount
of $90,000.

                      vi. Representations and Warranties;
Covenants: The representations and warranties and covenants are
customary for a transaction of this type, including, without
limitation, representations and warranties regarding the authority
to enter into the sale transaction and the agreement to abide by
all laws with respect to the sale, litigation, material contracts,
permits, environmental matter, ownership of property, taxes and
condition of the property, the best efforts of the parties, notices
and consents, access to information and the risk of loss.

                      vii. Closing Date: The closing of the
transactions contemplated by the Agreement will take place no later
than 3 business days following Court approval of the APA at the
offices of DelBello Donnellan Weingarten Wise & Wiederkehr, LLP, or
such other place as the parties will mutually agree.

In order to ensure that the highest and best offer is received for
the Sale Assets, the Debtor has established the proposed Bidding
Procedures to govern the submission of competing bids at an
auction.

In summary, the Bidding Procedures provide that the auction will be
an ascending, "live/open outcry" auction to be conducted on Nov.
29, 2016 at 12:00 p.m. (EST).  The Aauction will be held at the
offices of Auction Advisors in midtown Manhattan, 1350 Avenue of
the Americas, 2nd Floor, New York, New York.  Bidders will be given
the opportunity to bid on any 1 property, or all 4 together.
Bidders would need to prequalify financially and in order to
participate at the Auction, must be prepared to post a hard deposit
of $10,000 per property in the form of a bank check.  Such initial
deposit must be increased to 25% of bid amount by 10:00 a.m. on
Nov. 30, 2016. The Auctioneer will have the discretion to adjust
bidding increments at the Auction, based up on the bidding
activity.

All bids submitted for the purchase of the Sale Assets will remain
open, and all deposits held in the attorney escrow account of the
Debtor's counsel until the sale of the Sale Assets to the
Successful Bidder is consummated.  In the event that the Successful
Bidder is unable to consummate on the sale of the Restaurant, the
next highest and/or best bidder ("Backup Bidder") will then be
required to consummate on the sale.

In connection with the contemplated Sale, the Debtor is seeking to
assume and assign its interest in nonresidential real property
leases for the 4 store locations at 1 Broadway, Chelsea, Roosevelt
Hotel, and Upper West Side.  In order for the Debtor to assume
these leases, the Debtor is required to cure all monetary defaults
under the lease.

The Debtor asserts the monetary cure amounts (through Nov. 30,
2016) for each location as follows: (i) 1 Broadway: $12,830; (ii)
Chelsea: $51,500; (iii) Roosevelt Hotel: $28,691; and Upper West
Side: $65,000.

The Debtor submits that the deadline for the counter-parties to
file a Notice of Counter-Cure Amount should be Nov. 25, 2016 at
4:00 p.m. (EST).

In connection with the sale of Assets, the Debtor seeks authority
to assume and assign the Debtor's interest in the nonresidential
real property leases for 1 Broadway, Chelsea, Roosevelt Hotel, and
Upper West Side ("Assumed Agreements"), to the Successful Bidder.
To enable the Debtor to sell all of the Sale Assets, the Debtor
asks authority to assume and assign the Assumed Agreements to the
Successful Bidder following the Auction.

To the extent the Stalking Horse bidders seek break-up fees, or
expenses reimbursements, such request will be made by supplemental
pleadings to be filed and determined at the Sale Approval Hearing
to be scheduled by the Court.

The Debtor is not operating and has no ability to generate a cash
flow to pay any of its post-petition administrative expenses,
including rent to its landlords.  This reprieve expires on Nov. 30,
2016, at which point, without any payments being made to the
landlords, sufficient cause may exists to grant relief from the
automatic stay to the landlords. Thus, the Debtor requires and
necessitates and expedited sale process by which the Sale
Procedures Order is approved and entered the week of Nov. 21, 2016,
and a hearing on Sale Approval no later than Nov. 30, 2016.

Accordingly, the Debtor is seeking consideration of the Sale
Procedures Order, and thereafter Sale Approval Order, on shortened
notice. Therefore, the Debtor asks that the Court enter order
shortening time pursuant to Rule 9006(c) of the Federal Rules of
Bankruptcy Procedure so that the hearing to consider entry of (a)
the Bidding Procedures Order may be heard on Nov. 22, 2016, and (b)
the Sale Approval Order may be heard on Nov. 30, 2016.

The Purchaser of 1 Broadway and Upper West Side can be reached at:

          Michael Ezekial
          Spreads Sandwich Shop
          441 Park Ave. South
          New York, NY 10016
          Telephone: (212) 758-5555

             About Espresso Dream

Espresso Dream LLC filed a Chapter 11 petition (Bankr. S.D. N.Y.
Case No.: 16-12749) on September 30, 2016, and is represented by
Jonathan S. Pasternak, Esq., in White Plains, New York.

At the time of filing, the Debtor had $1 million to $10 million in
estimated assets and $500,000 to $1 million in estimated
liabilities.

The petition was signed by Moshe Maman, manager.

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


EVERGREEN HEALTH: Hires Strobl & Sharp as Bankruptcy Counsel
------------------------------------------------------------
Evergreen Health Services, Inc., et al., seek authority from the
U.S. Bankruptcy Court for the Eastern District of Michigan to
employ Strobl & Sharp, P.C. as bankruptcy counsel to the Debtors.

Evergreen Health requires Strobl & Sharp to:

   (a) advise the Debtors with respect to their powers and duties
       as Debtors-in-Possession in the continued management and
       operation of the Health Services businesses and assets;

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

   (c) take all necessary action to protect and preserve the
       Debtors' estate, including the prosecution of actions on
       the Debtors' behalf, the defense of any action commenced
       against the Debtors, negotiations concerning all
       litigation in which the Debtors are involved, and
       objections to claims filed against the Debtors' estates;

   (d) prepare on behalf of the Debtors all motions,
       applications, answers, orders, reports, and papers
       necessary to the administration of their estates;

   (e) negotiate and prepare on behalf of the Debtors a plan of
       reorganization, disclosure statement, and all related
       agreements and documents, and take any necessary action on
       behalf of the Debtors to obtain confirmation of such plan;

   (f) represent the Debtors in connection with obtaining post-
       petition loans;

   (g) advise the Debtors in connection with the sale of assets;

   (h) appear before this Court, any appellate courts, and the
       United States Trustee and protect the interests of the
       Debtors' estates before such Courts and the United States
       Trustee;

   (i) consult with the Debtors regarding tax matters, including
       the preparation of the Kelterborns' short year 2016 tax
       return, Form 1040, under Section 1398 of the Internal
       Revenue Code;

   (j) represent the Debtors before taxing authorities and other
       Regulatory agencies as required; and

   (k) perform all other necessary legal services and provide all
       other necessary legal advice to the Debtors in connection
       with the Chapter 11 case.

Prior to the Petition Date, Strobl & Sharp received $6,546 for
services rendered and the amount of $3,434 as filing fees. The
Debtors deposited the amount of $4,500 to Strobl & Sharp's trust
account on a monthly basis beginning on October 15, 2016. As of
November 1, 2016, the Debtors have not made a deposit into Strobl &
Sharp's client trust account.

Lynn M. Briner, member of Strobl & Sharp, 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.

Strobl & Sharp can be reached at:

     Lynn M. Briner, Esq.
     STROBL & SHARP, P.C.
     300 East Long Lake Road, Suite 200
     Bloomfield Hills, MI 48304-2376
     Tel: (248) 540-2300
     Fax: (248) 645-2690
     E-mail: lbrimer@stroblpc.com

                  About Evergreen Health Services

Evergreen Health Services, Inc., filed a chapter 11 petition
(Bankr. E.D. Mich. Case No. 16-53329) on Sept. 28, 2016, the same
date that Janis Meredith-Kelterborn, the Debtor's sole shareholder,
officer and director, filed a joint voluntary chapter 11 petition
with her husband Richard Kelterborn. The Debtor is represented by
Lynn M. Brimer, Esq. and Pamela S. Ritter, Esq., at Strobl & Sharp,
P.C.


FELAHY LAW GROUP: Hearing on Plan Disclosures  Approval on Dec. 15
------------------------------------------------------------------
Felahy Law Group, APC, filed with the U.S. Bankruptcy Court for the
Central District of California a motion for court order approving
the Debtor's amended disclosure statement referring to the Debtor's
plan of reorganization.

A hearing to consider the request is set for Dec. 15, 2016, at 1:30
p.m.

Class 2 Unsecured Claims totaling $727,560.06 are impaired and will
be paid a total amount of $22,500.  Most likely, general unsecured
creditors can expect payment on March 1, 2017, in the amount of
$375 and continuing every month for 60 months.

Creditors and interest-holders will be paid through future earnings
from continued operations of the Debtor.  Allen Felahy as an
individual will be paying the monthly plan payment contemplated by
the Debtor's Plan.  These payments are a gift and not a loan to the
Debtor.  The Debtor's plan payment will be made monthly by Allen
Felahy from an account he will establish with sufficient funds to
pay the proposed plan payments for 60 months.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/cacb16-12068-97.pdf

Felahy Law Group, APC, filed a Chapter 11 petition (Bankr. C.D.
Cal. Case No. 16-12068) on Feb. 19, 2016, estimating less than $1
million in assets and debt.  The Debtor is represented by Todd B.
Becker, Esq., at Law Offices of Todd B Becker.


FIRST PENTECOSTAL: Hires Matthews & Nulty as Accountant
-------------------------------------------------------
First Pentecostal Prayer of Faith Church, Inc., seeks authorization
from the U.S. Bankruptcy Court for the District of New Jersey to
employ Matthews & Nulty, Inc., as accountant for
Debtor-in-Possession.

The Debtor requires Matthews & Nulty to:

    a. render accounting services, tax preparation and tax advise;
and

    b. assist with monthly operating reports and cash flow
projections for plan.

The Debtor will compensate Matthews & Nulty at $100 per hour.

Michael W. Nulty, CPA, member of Matthews & Nulty, Inc., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Matthews & Nulty may be reached at:

     Michael W. Nulty, CPA
     Matthews & Nulty, Inc.
     197 State Route 18, Suite 260
     East Brunswick, NJ 08816
     Phone: (732)257-8604

??                   About First Pentecostal

First Pentecostal Prayer of Faith Church Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. N.J. Case No.
16-30354) on October 25, 2016.????The petition was signed by Bishop
Arthur C. Naylor, senior pastor.????The case is assigned to Judge
Michael B. Kaplan.  At the time of the filing, the Debtor disclosed
$2.68 million in assets and $3.86 million in liabilities.


FLETCHER INTERNATIONAL: 2d Circ. Won't Vacate Trustee's Appointment
-------------------------------------------------------------------
The United States Court of Appeals for the Second Circuit affirmed
the judgment of the district court, which affirmed the bankruptcy
court's order denying Alphonse Fletcher, Jr.'s motions to (1)
vacate the appointment of the Chapter 11 trustee, Richard J. Davis,
and the professionals he retained, and (2) disgorge their fees and
expenses.

The Second Circuit first concluded that the bankruptcy court did
not abuse its discretion in denying Mr. Fletcher's motion on the
ground that Mr. Fletcher had repeatedly failed to file proper
papers and comply with court orders in connection with his
application.  The Second Circuit found that Mr. Fletcher did not
timely object to the appointment of the Trustee or the professional
firms he retained as his counsel and special consultant.  Mr.
Fletcher raised his conflict-of-interest allegations well over a
year after the court approved those appointments and only after the
Trustee filed a report finding that Mr. Fletcher had defrauded his
investors and proposed a liquidation plan that deeply subordinated
Mr. Fletcher's claims.

The Second Circuit also found that neither did the bankruptcy court
abuse its discretion in determining that Mr. Fletcher's various
filings did not give rise to any viable theory of conflict.

The Second Circuit found that the Trustee's alleged conflicts of
interest were primarily based on professional relationships between
the firm at which he was formerly a partner, Weil Gotshal & Manges
LLP, and entities in some way affiliated with the defendants in an
unrelated litigation brought by Mr. Fletcher involving his
cooperative apartment building.  The appellate court held that Mr.
Fletcher's conclusory accusations of fraud and attenuated
allegations of conflict are fundamentally insufficient to remove a
Chapter 11 trustee.  The court also noted that neither did Mr.
Fletcher plausibly allege actual injury to the debtor's interests.
With respect to Mr. Fletcher's efforts to vacate the appointments
of the retained professionals based on their connections with
various third parties, the Second Circuit likewise found that Mr.
Fletcher's conclusory allegations failed to raise any presently
held conflict with the debtor's estate.  

For the same reasons, the Second Circuit held that the bankruptcy
court did not abuse its discretion in denying Mr. Fletcher's
request that it disgorge the Trustee's and the retained
professionals' compensation or in declining to hold an evidentiary
hearing.

The appeals case is Alphonse Fletcher, Jr., Appellant, v. Richard
J. Davis, Appellee, No. 15-2991-bk (2nd Cir.), relating to In the
Matter of: Fletcher International, Limited. Fletcher International,
Limited, Debtor.

A full-text copy of the Second Circuit's November 3, 2016 summary
order is available at https://is.gd/UkOv92 from Leagle.com.

          Michael Luskin, Esq.
          Lucia T. Chapman, Esq.
          Stephan E. Hornung, Esq.
          LUSKIN, STERN & EISLER LLP
          Eleven Times Square
          8th Ave. & 41st St.
          New York, NY 10036
          Tel: (212)597-8200
          Email: luskin@lsellp.com
                 chapman@lsellp.com
                 hornung@lsellp.com

                   About Fletcher International

Fletcher International, Ltd., filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 12-12796) on June 29, 2012, in Manhattan.  The
Bermuda exempted company estimated assets and debts of $10 million
to $50 million.  The bankruptcy documents were signed by its
president and director, Floyd Saunders.

David R. Hurst, Esq., at Young Conaway Stargatt & Taylor, LLP, in
New York, serves as counsel and Appleby (Bermuda) Limited serves
as special Bermuda counsel.  The Debtor disclosed $52,163,709 in
assets and $22,997,848 in liabilities as of the Chapter 11 filing.

Fletcher International Ltd. was managed by the investment firm of
Alphonse "Buddy" Fletcher Jr.

Fletcher Asset Management was founded in 1991.  During its initial
four years, FAM operated as a broker dealer trading various debt
and equity securities and making long-term equity investments.
Then, in 1995, FAM began creating and managing a family of private
investment funds.

The Debtor is a master fund in the Fletcher Fund structure.  As a
master fund, it engages in proprietary trading of various
financial instruments, including complex, long-term, illiquid
investments.

The Debtor is directly owned by Fletcher Income Arbitrage Fund and
Fletcher International Inc., which own roughly 83% and 17% of the
Debtor's common shares, respectively.  Arbitrage's direct parent
entities are Fletcher Fixed Income Alpha Fund and FIA Leveraged
Fund, both of which are incorporated in the Cayman Islands and are
subject to liquidation proceedings in that jurisdiction, and which
own roughly 76% and 22% of Arbitrage's common stock, respectively.
The Debtor currently has a single subsidiary, The Aesop Fund Ltd.

After filing for Chapter 11 protection, Fletcher immediately
started a lawsuit in bankruptcy court to stop the involuntary
bankruptcy in Bermuda.  Judge Gerber at least temporarily halted
liquidators appointed in the Cayman Islands from moving ahead with
proceedings in Bermuda.  The lawsuit to halt the Bermuda
liquidation is Fletcher International Ltd. v. Fletcher Income
Arbitrage Fund, 12-01740, in the same court.

Richard J. Davis, Chapter 11 trustee appointed in the case, has
hired Michael Luskin, Esq., Lucia T. Chapman, Esq., and Stephanie
E. Hornung, Esq., at Luskin, Stern & Eisler LLP as his
counsel.

The Chapter 11 trustee filed a proposed liquidating Plan in
November 2013.  The disclosure statement was approved on Jan. 17,
2014.  Judge Gerber has confirmed the Second Amended Plan of
Liquidation late in March 2014.


GABEL LEASE: U.S. Trustee Forms 3-Member Committee
--------------------------------------------------
The Office of the U.S. Trustee on Nov. 21 appointed three creditors
of Gabel Lease Service, Inc., to serve on the official committee of
unsecured creditors.

The committee members are:

     (1) Amerijet
         418 S. Franklin St.
         Ness City, KS 67560-2022
         Email: amerijet@theelitesuites.com

     (2) Thomas Larson
         Larson Engineering, Inc.
         562 W. State Rd. 4
         Olmitz, KS 67564
         Email: thomas@larseneng.net

     (3) McDonald Tank Co.
         P.O. Box 1265
         Great Bend, KS 67530
         Email: lance@ruraltel.net

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 Gabel Lease Service

Gabel Lease Service, Inc. operates as a roustabout company in and
around Ness City, Kansas.  GLS also sells pumping units to
customers.  Due to the current economic climate, GLS's business
suffered a significant decrease in cash flow.  The drop in
oil-and-gas prices has decreased the frequency in which GLS
provides roustabout services to customers and decreased the number
of customers willing to purchase pumping units from GLS.

Early 2016, Larson Engineering, Inc., d/b/a Larson Operating Co.,
filed suit against GLS in Ness County District Court, alleging that
it purchased 28 Gabel pumping units in 2008 and 2009 from GLS and
took delivery of only 5 pumping unit over a 5-year period.
Eventually, on Dec. 7, 2015, Larson claims it demanded the delivery
of the remaining units and filed suit when GLS failed to do so.

Facing the Larson Suit and other cash-flow problems, Gabel Lease
Service filed a Chapter 11 petition (Bankr. D. Kan. 16-11948), on
Oct. 5, 2016.  The case is assigned to Judge Robert E. Nugent.  The
petition was signed by Brian Gabel, president.  The Debtor is
represented by Nicholas R. Grillot, Esq., at Hinkle Law Firm, LLC.

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


GARRETT PROPERTIES: Disclosure Statement Hearing on Dec. 21
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of West
Virginia is set to hold a hearing on December 21, at 1:30 p.m., to
consider approval of the disclosure statement explaining the
Chapter 11 plan of reorganization of Garrett Properties LLC.

The hearing will take place at the Bankruptcy Courtroom, Robert C.
Byrd U.S. Courthouse, 300 Virginia Street East, Charleston, West
Virginia.  Objections are due by December 5.

Under the plan, Class 3 general unsecured creditors will receive a
distribution of 1% of their allowed claims.  Payments will be
funded both by the ongoing operating income of the Debtor and by
sale of assets.

                    About Garrett Properties

Headquartered in Charleston, West Virginia, Garrett Properties,
LLC, is a limited liability company.  Since Aug. 17, 2004, the
Debtor has been in the business of owning, holding and renting
commercial and residential real estate.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
S.D.W.V. Case No. 15-20085) on Feb. 24, 2015, estimating its assets
and liabilities at between $1 million and $10 million each.

Judge Ronald G. Pearson presides over the case.

James M. Pierson, Esq., at Pierson Legal Services serves as the
Debtor's bankruptcy counsel.


GEORGE RETOS: Disclosure Statement Hearing on Dec. 13
-----------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
is set to hold a hearing on December 13, at 10:00 a.m., to consider
approval of the disclosure statement explaining the Chapter 11 plan
filed by George Retos on November 1.

The hearing will take place at Courtroom D, 54th Floor, U.S. Steel
Tower, 600 Grant Street, Pittsburgh, Pennsylvania.  Objections are
due by December 6, 2016.

George Retos sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Penn. Case No. 15-24163) on November 13, 2015.
The case is assigned to Judge Jeffery A. Deller.  The Debtor is
represented by Robert O Lampl, Esq.


GERALD YEBOAH OMARI: Files Amended Disclosure Statement
-------------------------------------------------------
Gerald Yeboah Omari filed with the U.S. Bankruptcy Court for the
District of Maryland an amended disclosure statement, which
explains his proposed plan to exit Chapter 11 protection.

Under the latest restructuring plan, holders of Class 18 unsecured
claims will be paid monthly at a pro rata share of cash
distributions after payments of administrative expense claims,
secured claims, and priority claims.  Holders of Class 18 unsecured
claims will receive a floor base of 10% minimum on their allowed
amounts, with a surplus if any that is realized from reserves.

Upon completion of payments, Class 18 claims will be discharged,
according to the disclosure statement filed on November 3.

A copy of the disclosure statement is available for free at
https://is.gd/mCoR1m

The Debtor is represented by:

     John D. Burns, Esq.
     The Burns Law Firm, LLC
     6303 Ivy Lane; Suite 102
     Greenbelt, Maryland 20770
     Phone: (301) 441-8780

                    About Gerald Yeboah Omari

Gerald Yeboah Omari is an accountant and real estate investor.  The
Debtor sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Md. Case No. 14-19725) on June 17, 2014.


GOLFSMITH INT'L: Seeks Approval of Key Employee Retention Plan
--------------------------------------------------------------
BankruptcyData.com reported that Golfsmith International Holdings
filed with the U.S. Bankruptcy Court a motion for entry of an order
approving the Debtors' key employee retention program (KERP).  The
motion explains, "To successfully implement the recent sale of
substantially all of Golfsmith's assets, the sale of Golf Town and
related transition services, and the orderly wind down of the
Debtors' estates, the Debtors must retain certain key employees.
These employees are crucial, based on their experience,
institutional knowledge, expertise, and vendor relationships, to
providing services supporting (i) the store liquidations and
transactions currently taking place as part of the sale of assets
recently approved by the Court, (ii) the Transition Services
Agreement with the Canadian purchaser of Golf Town (the 'TSA'), and
(iii) the wind-down of the Debtors' bankruptcy estates.
Accordingly, subject to the Court's approval, the Debtors intend to
adopt a Key Employee Retention Plan (the 'KERP') under which 127 of
the Debtors' non-insider employees (collectively, the 'Key
Employees') will be incentivized to remain employed by the Debtors.
Moreover, the KERP will provide additional motivation for the Key
Employees to accept the substantial additional responsibilities
that they have been assigned in connection with the accelerated
push-out of inventory to Golfsmith stores required in connection
with the sale of Golfsmith.  Accordingly, the Debtors submit that
implementation of the KERP is essential to their efforts to
maximize the value of their estates and should be approved.  The
maximum aggregate amount of Retention Bonuses that would be paid
under the KERP is approximately $955,000, with an estimated average
Retention Bonus per Key Employee of approximately $6,700.
Significantly, $655,000 of the KERP will be funded from the Golf
Town purchase price as consideration for the support services that
Golfsmith is required to provide under the TSA."  The Court
scheduled a December 5, 2016 hearing to consider the KERP motion,
with objections due by November 28, 2016.

                About Golfsmith International

Headquartered in Austin, Texas, Golfsmith International Holdings,
Inc., the parent company of Golfsmith International, Inc., is a
holding company. The Company is a specialty retailer of golf and
tennis equipment, apparel, footwear and accessories. The Company
operates as an integrated multi-channel retailer, providing its
customers the convenience of shopping in the retail stores across
United States, through its Internet site,
http://www.golfsmith.com/,and from its catalogs. The Company   
offers a product selection that features national brands, pre-owned
clubs and its branded products. It offers a number of customer
services and customer care initiatives, including its club trade-in
program, 30-day playability guarantee, 115% low-price guarantee,
its credit card, in-store golf lessons, and SmartFit, its
club-fitting program. As of Jan. 1, 2011, the Company operated 75
stores in 21 states and 33 markets.

Golfsmith International Holdings, Inc., and 12 affiliates filed
Chapter 11 petitions (Bankr. D. Del. Case No. 16-12033) on Sept.
14, 2016, and are represented by Mark D. Collins, Esq., John H.
Knight, Esq., Zachary I. Shapiro, Esq., and Brett M. Haywood, Esq.,
at Richards, Layton & Finger, P.A., in Wilmington, Delaware; and
Michael F. Walsh, Esq., David N. Griffiths, Esq., and Charles M.
Persons, Esq., at Weil, Gotshal & Manges LLP, in New York.

The Debtors' financial advisor is Alvarez & Marsal North America,
LLC. The Debtors' investment banker is Jefferies LLC. The Debtors'
claims, noticing and solicitation agent is Prime Clerk LLC.  Pope
Shamsie & Dooley LLP serves as tax accountants.

At the time of filing, the Debtor had $100 million to $500 million
in estimated assets and $100 million to $500 million in estimated
liabilities.

Andrew Vara, acting U.S. trustee for Region 3, on Sept. 23, 2016,
appointed seven creditors to serve on the official committee of
unsecured creditors. The Committee hires Cooley LLP as lead
counsel, Chaitons LLP as Canadian counsel, Polsinelli PC as
Delaware counsel, Province, Inc. as financial advisor, and A&G
Realty Partners as real estate advisor.


GOUVIS RESTAURANT: Case Summary & 12 Unsecured Creditors
--------------------------------------------------------
Debtor: Gouvis Restaurant, Inc.
           d/b/a Bright Star Diner
        P.O. Box 82
        Central Valley, NY 10917

Case No.: 16-36975

Chapter 11 Petition Date: November 21, 2016

Court: United States Bankruptcy Court
       Southern District of New York (Poughkeepsie)

Judge: Hon. Cecelia G. Morris

Debtor's Counsel: Thomas Genova, Esq.
                  GENOVA & MALIN, ATTORNEYS
                  Hampton Business Center
                  1136 Route 9
                  Wappingers Falls, NY 12590-4332
                  Tel: (845) 298-1600
                  Fax: (845) 298-1265
                  E-mail: genmallaw@optonline.net

Total Assets: $20,381

Total Liabilities: $1.07 million

The petition was signed by Peter Gouvis, president.

A copy of the Debtor's list of 12 unsecured creditors is available
for free at http://bankrupt.com/misc/nysb16-36975.pdf


GRAND PANAMA: Hearing on Disclosure Statement Set For Dec. 15
-------------------------------------------------------------
The Hon. Karen K. Specie of the U.S. Bankruptcy Court for the
Northern District of Florida has scheduled for Dec. 15, 2016, at
10:00 a.m. Central Time the hearing to consider the approval of
Grand Panama Resort Properties, LLC's disclosure statement dated
Nov. 7, 2016, referring to the Debtor's plan of reorganization
dated Nov. 7, 2016.

Dec. 8, 2016, is the last day for filing and serving written
objections to the disclosure statement.

On or before Nov. 15, 2016, the debtor???in???possession or
proponent of the plan will transmit the Disclosure Statement and
Plan to any trustee, each committee appointed, the Securities and
Exchange Commission and any party-in-interest who has requested or
requests in writing a copy of the Disclosure Statement and Plan.

Grand Panama Resort Properties, LLC, filed a Chapter 11 petition
(Bankr. N.D. Fla. Case No. 16-50218-KKS) on Aug. 11, 2016.  The
petition was signed by Chad Wade, registered agent.  The Debtor is
represented by Charles M. Wynn, Esq., at Charles M. Wynn Law
Offices, P.A.  The case is assigned to Judge Karen K. Specie.  

The Debtor has been engaged in rental vacation real estate at Grand
Panama Beach Resort Condominium in Bay County, Florida.

The Debtor disclosed $1.14 million in assets and $1.34 million in
liabilities.


GREENHUNTER RESOURCES: Wants Exclusivity Extended Thru Jan. 13
--------------------------------------------------------------
BankruptcyData.com reported that GreenHunter Resources filed with
the U.S. Bankruptcy Court a motion to extend by 60 days the
exclusive period during which the Company can file a Chapter 11
plan and solicit acceptances thereof through and including Jan. 13,
2017 and March 13, 2017, respectively.  The motion explains, "This
is the Debtors' third request for extension of the Exclusive
Periods. The Debtors have made significant progress in the Chapter
11 cases.  The Debtors have been in active negotiations with their
secured creditors and have resolved such issues.  The requested
extensions of the Exclusive Periods will provide the Debtors and
all other parties-in-interest an opportunity to develop fully the
grounds upon which serious negotiations toward a Chapter 11 Plan
can be based.  At this point, the main issue in the case involves
the lien of the Debtors' prepetition secured creditor.  If that
issue can be resolved, then the Debtors will be able to file a
liquidating plan, which would be beneficial to the unsecured
creditors. Accordingly, the Debtors should be granted a full and
fair opportunity to negotiate, propose and seek acceptance of a
Chapter 11 Plan."

                  About Greenhunter Resources

GreenHunter Resources, Inc., and 12 of its affiliates, providers of
water management services, each filed a Chapter 11 petition (Bankr.
N.D. Tex. Lead Case No. 16-40956) on March 1, 2016.  Kirk J.
Trosclair, the executive vice president and chief operating
officer, signed the petitions.  Judge Russell F. Nelms has been
assigned the case.

The Debtors disclosed total assets of $36.29 million and total debt
of $29.05 million.  The Debtors have about $6 million in unsecured
debt.

Singer & Levick, P.C., serves as the Debtors' counsel.


GULF COAST: Brannen Buying Miramar Beach Property for $430K
-----------------------------------------------------------
GulfCoast Specialty Products & Services, Inc., asks the U.S.
Bankruptcy Court for the Northern District of Florida to authorize
the sale of real property located at 12889 U.S. Hwy 98 West, Suite
111A, Miramar Beach, Florida, to CF Brannen for $430,000.

The Court entered an Order Granting Motion for Authority to Employ
Realtor on Jan. 28, 2016 authorizing Brett Stuart of Real Estate
International, Inc. to list, market and sell the property.  The
Order Granting Motion for Authority to Employ Realtor authorizes a
sales commission of no more than 6%.

The sale of the property is in the best interest of the bankruptcy
estate and is necessary to the successful reorganization of the
Debtor.

The Debtor and the Buyer entered into Commercial Contract, dated
Nov. 4, 2016.  The Agreement provides for a $430,000 purchase price
which Debtor believes to be the fair market value of the Property.

A copy of the Commercial Contract attached to the Motion is
available for free at:

         
http://bankrupt.com/misc/GulfCoast_Specialty_137_Order.pdf

The Debtor has received no other offers for the property.

There is a mortgage which encumbers the property owned by Wells
Fargo Bank, N.A. which has been provided a copy of the Agreement
and a proposed Settlement Statement where in the minimum net
proceeds of$398,171 would go to Wells Fargo at the closing.
Counsel for Wells Fargo have reviewed the Consent Motion and a
Consent Order and have no objection to the Motion or the entrance
of the Consent Order.

The sale of the property to the Buyer is in the best interests of
the estate.  The purchase price and sale terms for the property
were negotiated in an arms-length transaction.  The Debtor believes
that the purchase price reflects the fair market value of the
property.

The Debtor asks the Court to approve the sale of the property free
and clear of liens and encumbrances pursuant to 11 U.S.C. Section
363(f) with Wells Fargo receiving the net proceeds of the sale
after payment of Broker's commission.

The Purchaser can be reached at:

          CF Brannen
          Telephone: (305) 396-3088

                    About GulfCoast Specialty

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

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


HEATHER HILLS: Hires Johnson Pope as Counsel
--------------------------------------------
Heather Hills Estate, LLC seeks authorization from the U.S.
Bankruptcy Court for the Midddle District of Florida to employ
Johnson, Pope, Bokor, Ruppel & Burns, LLP as counsel to the
Debtor.

The Debtor requires JP to render all necessary legal services to
the Debtor in this bankruptcy case.

The JP lawyer who will work on the Debtor's case and his hourly
rate is:

     Michael C. Markham, Esq.          $395

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

Michael C. Markham, Esq., shareholder/partner in the law firm of
Johnson, Pope, Bokor, Ruppel & Burns, 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 Debtor and its estates.

JP may be reached at:

        Michael C. Markham, Esq.
        Johnson, Pope, Bokor, Ruppel & Burns, LLP
        P.O. Box 1100 (33601-1100)
        403 E. Madison, Street, Suite 400
        Tampa, FL 33602
        Telephone: 813-225-2500
        Facsimile: 813-223-7118

           About Heather Hills Estate, LLC

Heather Hills Estate, LLC filed a Chapter 11 bankruptcy petition
(Bankr. M.D.Fla. Case No. 16-09521) on November 4, 2016.??Johnson,
Pope, Bokor, Ruppel & Burns, LLP represents the Debtor as counsel.


HECK INDUSTRIES: Mack Financial Services To Recoup 100% Under Plan
------------------------------------------------------------------
Heck Industries, Inc., and Heck Enterprises, Inc., filed with the
U.S. Bankruptcy Court for the Middle District of Louisiana a second
amended disclosure statement for the Debtors' second amended joint
plan of reorganization as of Nov. 9, 2016.

The amendments made in this First Amended Disclosure Statement
reflect certain revisions in the treatment of Class 1, 2, and 7
Allowed Claims in the Debtors' Second Amended Joint Plan resulting
from additional negotiations and mediation efforts subsequent  to
the filing of the Debtors' original Plan and Disclosure Statement
on Oct. 26, 2016.

The total estimate of the allowed Class 3 Secured Claim of Mack
Financial Services is $516,426, plus interest and reasonable fees,
costs or charges provided for under the agreement, and allowed.
The holder of the Class 3 Claim will receive the regular
contractual monthly payments due to it under the pre-petition
agreements and loan documents, with the first payment being made on
the next regular monthly payment date under the Mack Loan Documents
that occurs after the Effective Date and subsequent regular monthly
payment shall be due on the same of each calendar month thereafter.
All arrearages due to Mack, whether pre-petition or post-petition
together with any unpaid interest, late charges and reasonable,
actual attorney fees (as fixed by the Bankruptcy Court or by
agreement between Mack and the Debtors) will be paid in full in
additional regular monthly installments in the amount specified in
the Mack Loan Documents on the same day of each calendar month
after the original maturity date as fixed by the Mack Loan
Documents.  Estimated percentage recovery for Class 3 Claim is
100%.

On and after the Effective Date, the Reorganized Debtors will
continue to own and operate its business.  Future periodic payments
due to the Holders of Class 1, 2, 3, 4, 6, and 7 Claims and to
holders of allowed Class 5 Claims selecting Option 2 as required by
the Plan will be made by the Reorganized Debtors from revenues
derived from those business operations.  Unless already paid, the
immediate cash payments due to the holders of Allowed Class 5
Claims selecting Option 1 as well as cash payments due to the
holders of allowed Class 1 and 2 Claims will be paid from the BP
Claim Proceeds currently being held in trust by Debtors' counsel as
well as from the Debtors' cash on hand and proceeds of any sales of
the Debtors' assets which have occurred during the pendency of this
case and which proceeds have not been distributed as of the
occurrence of the Effective Date.  On and after the Effective Date,
the Reorganized Debtors may operate their businesses, may use,
acquire and dispose of property, may retain, compensate and pay any
professionals or advisors, and compromise or settle any causes of
action, claims or interests without supervision of or approval by
the Bankruptcy Court and free and clear of any restrictions of the
Bankruptcy Code or the Bankruptcy Rules other than restrictions
expressly imposed by the Plan and the Confirmation Order.  After
payment of all required initial one-time cash payments due under
this Plan to Class 1 and 2 Claims, and the payment in full of the
58% one-time cash payments to the Class 5 Claims selecting Option
1, the remaining BP Claim Proceeds will be released to the Debtors
by Debtors' counsel to be used as working capital and/or to fund
distributions or dividends to Class 8 interests subject to the
conditions precedent for same as set forth in the Plan.

The Second Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/lamb16-10516-389.pdf

           About Heck Enterprises & Heck Industries

Heck Enterprises, Inc., and Heck Industries, Inc., are both
Louisiana corporations.  Established in 1957 and purchased in 1959
by Wallace E. Heck, Sr., Industries was formerly known as Altex
Ready-Mixed Concrete Corporation and is a concrete business which
operates primarily in Louisiana (though Industries maintains a
batch plant in Mississippi as well).  Enterprises was created in
1986 as a holding company for numerous companies, including
Industries, which is the sole remaining company owned by
Enterprises.   

Heck Industries, Inc., the owner of a concrete supply business
which has operated throughout Louisiana since 1957, sought Chapter
11 protection (Bankr. M.D. La. Case No. 16-10516) on April 29,
2016, in Baton Rouge, Louisiana.  The Hon. Douglas D. Dodd is the
case judge.  William E. Steffes, Esq., Noel Steffes Melancon,
Esq.,
and Barbara B. Parsons, Esq., at Steffes, Vingiello & McKenzie,
L.L.C., serve as the Debtor's bankruptcy counsel.  The Debtor
estimated $1 million to $10 million in assets and debt.

Heck Enterprises, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M. D. La. Case No. 16-10514) on April 29,
2016.  The petition was signed by Wallace E. Heck, Jr., president
and chief executive officer.  The Debtor is represented by Noel
Steffes Melancon, Esq., Barbara B. Parsons, Esq., and William E.
Steffes, Esq., at Steffes, Vingiello & McKenzie, LLC.  The case is
assigned to Judge Douglas D. Dodd.  At the time of the filing, the
Debtor estimated its assets and debts at $1 million to $10 million.


HERCULES OFFSHORE: Plan Confirmation Order Entered
--------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware on Nov. 1,
2016, issued a memorandum decision determining to confirm the
Modified Joint Prepackaged Chapter 11 Plan of Hercules Offshore,
Inc. and certain of its U.S. domestic direct and indirect
subsidiaries.

On Nov. 15, 2016, the Court entered an order confirming the Plan.


The Debtors are expected to consummate the Plan by December 2,
2016, according to an agreement with an ad hoc group of lenders.

The Plan contemplates a controlled wind down of the operations of
the Debtors and certain of the Company's other domestic and foreign
direct and indirect subsidiaries.  Pursuant to the Plan, all equity
interests in the Company are being canceled and extinguished and a
liquidation trust (referred to in the Plan as the Wind Down Entity,
the "Wind Down Entity") is being formed to sell, monetize or
otherwise dispose of the assets of the HERO Entities. Beneficial
interests in the Wind Down Entity will be distributed to former
holders of common stock of the Company upon consummation of the
Plan.

On November 2, 2016, Hercules filed documents with the Securities
and Exchange Commission to terminate the registration of its
securities.

A copy of the Debtors' Modified Joint Prepackaged Chapter 11 Plan
is available at https://goo.gl/WY5Jfv

A copy of the Confirmation Order is available at
https://goo.gl/bueqRE

                    Equity Panel Lost Battle

As reported by the Troubled Company Reporter, Bankruptcy Judge
Kevin J. Carey overruled the objections filed by the Official
Committee of Equity Security Holders and confirmed the Modified
Joint Prepackaged Chapter 11 Plan.

The Equity Committee's objections centered on:

     (1) "The Plan Releases and Exculpations Are Impermissible"
         regarding the Plan releasing claims held by the debtors
         and other third parties;

     (2) "The Plan Violates Section 1129(a)(3) of the Bankruptcy
         Code" because it is not proposed in good faith;

     (3) The Plan "Violates Section 1129(a)(7) of the Bankruptcy
         Code" (the "best interest test"); and

     (4) The Plan "Fails to Satisfy the Cramdown Standard Under
         Section 1129(b)" (collectively, the "Objections").

Judge Carey said that the releases granted to each of the debtors'
and released lender parties' current and former "officers,
directors, professionals, advisors, accountants, attorneys,
investment bankers, consultants, employees, agents and other
representatives" are appropriate.  The judge concluded that the
Special Committee and Board complied with their fiduciary duties,
and ultimately chose the option that they believed would conserve
the value of the estates and maximize recovery for all
stakeholders, including equity holders.

Judge Carey also held that the Plan does not violate the "best
interests" test of Section 1129(a)(7) of the Bankruptcy Code.  The
judge found that the Equity Committee has offered no credible
evidence, and that the debtors' liquidation analysis showed that,
even in the high range of estimated liquidation values, there
would
be no excess value to distribute to holders of HERO Common Stock.

Lastly, Judge Carey held that the Plan satisfies the cramdown
standard under Section 1129(b).  The judge found that the Plan is
fair and equitable with respect to holders of equity interests in
the subject classes.

Judge Carey thus concluded that the Plan meets all other
applicable
requirements of section 1129(a), is fair and equitable, and does
not discriminate unfairly with respect to holders of claims or
equity interests.  The judge found that the Equity Committee
failed
to create any doubt that the debtor has met its burden to
demonstrate that the confirmation requirements are satisfied.

The members of the Equity Committee and their equity holdings as
of
August 16, 2016 are: Centerbridge Credit Partners Master Fund, LP
(1,710,352 shares of common stock), Archer Capital Management, LP
(499,948 shares of common stock), and Lawrence Callahan (26,000
shares of common stock).

A full-text copy of Judge Carey's November 1, 2016 opinion is
available at http://bankrupt.com/misc/deb16-11385-465.pdf  

                      Amendment No. 3 to RSA

The Company and certain of its subsidiaries on May 26, 2016,
entered into a Restructuring Support Agreement with an ad hoc group
of lenders representing approximately 99% of the obligations
outstanding under the credit agreement entered into on November 6,
2015, among the Company and certain of its subsidiaries, as
guarantors, and Jefferies Finance LLC, as administrative agent and
collateral agent, and the lenders party thereto. The RSA sets
forth, subject to certain conditions, the commitment to and
obligations of, on the one hand, the HERO Entities, and on the
other hand, each of the Ad Hoc Group Members -- and any successors
or permitted assigns that become party thereto -- in connection
with a controlled wind down of the HERO Entities' operations
pursuant to, among other things, a pre-packaged plan.

On November 2, 2016, the Company and the other HERO Entities
entered into Amendment No. 3 to Restructuring Support Agreement
with each of the Ad Hoc Group Members. Pursuant to the RSA
Amendment:

     -- the outside date to enter a confirmation order with the
Court is extended to November 11, 2016, which shall be a final
order on or before November 25, 2016;

     -- the outside date to consummate the Plan is extended to
December 2, 2016;

     -- the amount of the Rejection Lender Wind Down Claim (as
defined in the Restructuring Support Agreement) is reduced by $32.5
million to $546.5 million;

     -- if the class of Company common stock votes to reject the
Plan, the pro rata amount that each holder of HERO Common Stock
receives is increased to also include the Rejection Shareholder
Cash Distribution;

     -- under the terms of the Plan, holders of HERO Common Stock
(except for holders of HERO Common Stock that are also First Lien
Lenders that are parties to the Restructuring Support Agreement)
are not deemed to be released or deemed to have given releases with
respect to certain claims or causes of action under the Plan; if
the class of HERO Common Stock holders vote to reject the Plan, and
upon the payment in full of the Lender Wind Down Claim (as defined
in the Restructuring Support Agreement), the two members of the
Wind Down Entity Board (as defined in the Restructuring Support
Agreement) designated by the Requisite Consenting Lenders (as
defined in the Restructuring Support Agreement) shall be replaced
by two members designated by the Equity Committee provided, that
the Equity Committee shall have designated such members by 11:59
p.m. (Eastern Time) on October 11, 2016;

     -- if the class of HERO Common Stock holders vote to reject
the Plan, the Wind Down Entity shall make distributions (i) first,
on account of the Rejection Shareholder Cash Distribution, (ii)
after the Rejection Shareholder Cash Distribution has been funded
in full, on account of the Rejection Lender Wind Down Claim and
(iii) after payment in full of the Rejection Lender Wind Down
Claim, to holders of Wind Down Entity Interests on a pro rata
basis; and

     -- the provisions relating to the severance and incentive
plans for the Executives (as defined in the Restructuring Support
Agreement) were comprehensively updated.

The RSA Amendment was necessitated by a change to the timeline of
the Debtors' chapter 11 cases occasioned by the agreement of the
Debtors, the Ad Hoc Group and the official committee of equity
security holders appointed in the Debtors' chapter 11 cases to
participate in, and the determination by the Court to order,
mediation with respect to certain objections filed to the Plan and
related matters, as well as certain modifications to the
Restructuring Support Agreement and the Plan that were agreed to by
the parties.

Court-ordered mediation before The Honorable Christopher S. Sontchi
took place on September 6, 2016.  In connection with the Mediation,
the Debtors and the Ad Hoc Group reached a settlement, which
related to, among other things, the First Lien Claim Reduction
Amount -- $32,500,000 -- and the Rejection Shareholder Cash
Distribution, which means an aggregate distribution of $15,000,000
in Cash to be made to holders of Class 7 HERO Common Stock on the
Effective Date or as soon as reasonably practicable thereafter upon
the Wind Down Entity Board determining that, through the proceeds
of assets sales or the Claims reconciliation process, sufficient
Cash is available to fund the Wind Down Entity and make such
distribution.

The Court hearing to consider the confirmation of the Plan,
incorporating the Mediation Settlement, commenced on September 22,
2016 and concluded on September 27, 2016. On November 1, 2016, the
Court issued an opinion confirming the Plan.

                  Payment of Ad Hoc Group's Fees

The November 15 Confirmation Order includes provisions for the
payment of Fees and Expenses of the Ad Hoc Group, Certain Ad Hoc
Group Members and the First Lien Agent.

The Ad Hoc Group consists of certain funds managed by Luminus
Energy Partners Master Fund, Ltd; Bowery Investment Management,
LLC; Simplon International Ltd; Soros Fund Management LLC; T. Rowe
Price Associates, Inc.; Third Avenue Management LLC; and Western
Asset Management Company.

Jefferies Finance LLC, serves as administrative agent and
collateral agent under the First Lien Credit Agreement, and its
successors and assigns.

On the Effective Date, as per the terms of the Cash Collateral
Order, the Debtors shall pay all unpaid reasonable and documented
fees and expenses of Kirkland & Ellis LLP and White & Case LLP, as
counsel to the Ad Hoc Group, White & Case LLP, as counsel to
Luminus Management LLC and Soros Fund Management LLC, and Klehr,
Harrison, Harvey, Branzburg LLP, as local counsel to the Ad Hoc
Group, and reasonable and documented fees and expenses of other
professionals retained by the Ad Hoc Group that have executed
engagement letters with the Debtors, as well as reasonable fees and
expenses incurred by the First Lien Agent, including the unpaid
reasonable and documented (in summary form) fees and expenses of
King & Spalding LLP, as restructuring counsel, White & Case LLP as
counsel with respect to the administration of the First Lien Credit
Agreement and other Loan Documents (as defined in the First Lien
Credit Agreement), special maritime counsel and Bayard, P.A., as
local counsel, in each case incurred in connection with the
Restructuring.

                            Axon Claims

To the extent any Claims of Axon Pressure Products, Inc., Axon EP
Inc. and/or Axon Energy Products AS against the Debtors or any of
the Non-Debtors Subsidiaries, including without limitation, Claims
for contribution and indemnity against Hercules Offshore, Inc.,
Hercules Drilling Company, LLC and/or SD Drilling LLC become
Allowed Claims, the sole sources of recovery for Axon with respect
to such Claims shall be:

     (1) a $2.0 million claims reserve for Axon;

     (2) Hercules's insurance policies, to the extent of the
coverage and limits provided in those policies; and

     (3) recoveries, if any, Hercules obtains from Walter Oil & Gas
Corporation or its insurers based on:

         (a) any and all indemnity rights, including rights of
indemnity for defense, to be held harmless, and for breach of
release, but not including any recovery to Hercules from Walter or
its insurers for Hercules's own fees and costs (including, without
limitation, fees and expenses of legal advisors); and/or

         (b) additional insured rights Hercules has against Walter
and its insurers arising out of the blowout of the A-3 Well located
in South Timbalier Block 220, on the Outer Continental Shelf in the
Gulf of Mexico, which claims for recoveries, if any, Hercules
undertakes to continue to prosecute in good faith and with due
diligence.

In addition, notwithstanding the disallowance or expungement of the
proofs of Claim filed by Axon following prosecution of the section
502(e)(1)(b) objection filed by Hercules, Axon shall still be
entitled to the recoveries, if any, provided in (2) and (3) above
in this paragraph. Axon otherwise agrees that the release
provisions contained in the Plan shall be binding on Axon.

            Certain Underwriter's at Lloyd's, London

In connection with the assumption of Policy Number B070GA024940c
and Policy Number UMRGU024940k, and the assignment of the Lloyd's
Policies to the Wind Down Entity, the Debtors or the Wind Down
Entity, as applicable, shall continue to maintain the rigs covered
by the Lloyd's Policies in the same manner and in the same
condition as such rigs were maintained by the Debtors prior to the
assumption and assignment of the Lloyd's Policies until such time
as the rigs are sold by the Debtors or the Wind Down Entity, as
applicable, or the expiry of the policy, whichever is first.

                     Texas Taxing Authorities

Notwithstanding anything to the contrary contained within the Plan,
any secured ad valorem tax Claims held by Cypress-Fairbanks
Independent School District, Fort Bend Independent School District,
Fort Bend County and Harris County for tax year 2016 shall be paid
in the ordinary course of business prior to delinquency.  The Texas
Taxing Authorities shall retain their statutory liens securing
their prepetition ad valorem tax Claims until such time as such
Claims are paid in full.

In the event the prepetition ad valorem tax Claims are not timely
paid in the ordinary course of business, the Texas Taxing
Authorities shall be have the right to pursue their state law
remedies for collection of all such prepetition ad valorem tax
Claims, penalties and interest due pursuant to the Texas Property
Tax Code without further notice or order of the Court.

               Assuranceforeningen SKULD (Gensidig)

Notwithstanding the assumption and assignment by the Debtors of
certain certificates of insurance issued by Assuranceforeningen
SKULD (Gjensidig), nothing in the Confirmation Order or the Plan
shall prejudice the rights of SKULD to argue that (i) any
certificates of insurance provided by SKULD to the Debtors were not
executory contracts as of the Petition Date or (ii) such
certificates of insurance may not be assigned by the Wind Down
Entity without SKULD's consent.

                       Oracle America, Inc.

The limited objection to Confirmation filed by Oracle America, Inc.
is resolved, provided that (i) the Debtors will amend the Schedule
of Assumed Executory Contracts and Unexpired Leases in advance of
the Effective Date to include descriptions of the Oracle contracts
to be assumed as such descriptions are agreed to between the
parties, and (ii) in the event the Debtors seek to assign the
Oracle Agreements, the Debtors agree to execute any additional
documentation required by Oracle, including entering into an
assignment agreement, if necessary.

                About Hercules Offshore, Inc.

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

Hercules Offshore and 13 of its subsidiaries each filed a Chapter
11 bankruptcy petition (Bankr. D. Del. Case Nos. 16-11385 to
16-11398) on June 5, 2016.  The petitions were signed by Troy L.
Carson as vice president.

The Debtors listed total assets of $1.06 billion and total debts
of
$521.37 million as of March 31, 2016.

The Debtors have hired Michael S. Stamer, Esq., Philip C. Dublin,
Esq., David H. Botter, Esq., and Kevin M. Eide, Esq., at Akin Gump
Srauss Hauer & Feld LLP as general bankruptcy counsel and Robert
J.
Dehney, Esq., Eric D. Schwartz, Esq., and Matthew B. Harvey, Esq.,
at Morris, Nichols, Arsht & Tunnell LLP as co-counsel.

The U.S. Bankruptcy Court issued an order appointing Judge
Christopher Sontchi as mediator to govern mediation procedures and
assist in resolving certain objections related to confirmation of
Hercules Offshore's Joint Prepackaged Chapter 11 Plan of
Reorganization.

On June 20, 2016, the U.S. Trustee for the District of Delaware
appointed three members to the Equity Committee.  The Equity
Committee is represented by Hogan McDaniel and Kasowitz, Benson,
Torres & Friedman LLP as co-counsel and Ducera Securities LLC as
financial advisors.

Kirkland & Ellis LLP and Kirkland & Ellis International LLP, White
& Case LLP and Klehr Harrison Harvey Branzburg LLP represent an ad
hoc group of certain first lien lenders party to that certain
credit agreement, dated as of Nov. 6, 2015, by and among Hercules
Offshore, Inc., as borrower, the Subsidiary Guarantors as
guarantors, the lenders party thereto, and Jefferies Finance LLC,
as administrative agent and collateral agent, as creditors and
parties-in-interest in the Debtors' Chapter 11 cases.


HERCULES OFFSHORE: Unit Closes $65 Million Sale of Rigs
-------------------------------------------------------
An affiliate of Hercules Offshore, Inc., closed the sale of three
drilling rigs for $65 million cash.

On Aug. 31, 2016, Hercules Offshore Middle East Ltd., a subsidiary
of the Company, entered into a purchase and sale agreement with
Advanced Energy Systems (ADES) S.A.E.  On November 2, 2016, the
Buyer completed the purchase from the Seller of three jack-up
drilling rigs named Hercules 261, Hercules 262 and Hercules 266 in
their entirety, together with everything onboard or onshore, if
any, relating solely to such rigs, including all mentioned or
unmentioned provisions, spare parts and equipment onboard, rig site
inventory, drawings, operating manuals, maintenance records,
service contracts and all other documents pertaining to them for
$65,088,800 in cash.

The gross proceeds received from the sale were consistent with the
estimate that informed the Debtors' updated recovery analysis filed
with the Court on Sept. 15, 2016, and the estimate as to total
proceeds to be obtained by the Debtors and their non-Debtor
affiliates set forth therein has not changed in any material
respect since that filing was made.

                About Hercules Offshore, Inc.

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

Hercules Offshore and 13 of its subsidiaries each filed a Chapter
11 bankruptcy petition (Bankr. D. Del. Case Nos. 16-11385 to
16-11398) on June 5, 2016.  The petitions were signed by Troy L.
Carson as vice president.

The Debtors listed total assets of $1.06 billion and total debt of
$521.4 million as of March 31, 2016.

The Debtors have hired Michael S. Stamer, Esq., Philip C. Dublin,
Esq., David H. Botter, Esq., and Kevin M. Eide, Esq., at Akin Gump
Srauss Hauer & Feld LLP as general bankruptcy counsel and Robert
J.
Dehney, Esq., Eric D. Schwartz, Esq., and Matthew B. Harvey, Esq.,
at Morris, Nichols, Arsht & Tunnell LLP as co-counsel.

The U.S. Bankruptcy Court issued an order appointing Judge
Christopher Sontchi as mediator to govern mediation procedures and
assist in resolving certain objections related to confirmation of
Hercules Offshore's Joint Prepackaged Chapter 11 Plan of
Reorganization.

On June 20, 2016, the U.S. Trustee for the District of Delaware
appointed three members to the Equity Committee.  The Equity
Committee is represented by Hogan McDaniel and Kasowitz, Benson,
Torres & Friedman LLP as co-counsel and Ducera Securities LLC as
financial advisors.

Kirkland & Ellis LLP and Kirkland & Ellis International LLP, White
& Case LLP and Klehr Harrison Harvey Branzburg LLP represent an ad
hoc group of certain first lien lenders party to that certain
credit agreement, dated as of Nov. 6, 2015, by and among Hercules
Offshore, Inc., as borrower, the Subsidiary Guarantors as
guarantors, the lenders party thereto, and Jefferies Finance LLC,
as administrative agent and collateral agent, as creditors and
parties-in-interest in the Debtors' Chapter 11 cases.

                            *     *     *

The Bankruptcy Court for the District of Delaware on November 1,
2016, issued a memorandum decision determining to confirm the
Modified Joint Prepackaged Chapter 11 Plan of Hercules Offshore,
Inc. and certain of its U.S. domestic direct and indirect
subsidiaries.   On November 15, 2016, the Court entered an order
confirming the Plan.  

The Debtors are expected to consummate the Plan by December 2,
2016, according to an agreement with an ad hoc group of lenders.

The Plan contemplates a controlled wind down of the operations of
the Debtors and certain of the Company's other domestic and foreign
direct and indirect subsidiaries.  Pursuant to the Plan, all equity
interests in the Company are being canceled and extinguished and a
liquidation trust (referred to in the Plan as the Wind Down Entity,
the "Wind Down Entity") is being formed to sell, monetize or
otherwise dispose of the assets of the HERO Entities. Beneficial
interests in the Wind Down Entity will be distributed to former
holders of common stock of the Company upon consummation of the
Plan.


HOCHHEIM PRAIRIE: S&P Affirms B+ Financial Strength Rating & ICR
----------------------------------------------------------------
S&P Global Ratings said it has affirmed its B+ financial strength
and issuer credit rating of Hochheim Prairie Farm Mutual Insurance
Assoc. (HPFMIC), and its subsidiary, Hochheim Prairie Casualty
Insurance Co. (HPCIC) (collectively "Hochheim").  The outlook was
revised to stable from negative.

"The outlook revision is based on our view that capital and
earnings of the company are likely to stabilize given various risk
mitigation efforts, including non-renewal of unprofitable business,
the company's push to get adequate rate increases, deductible
increases, and demonstration of capital replenishment in the 3rd
and to date 4th quarter," said S&P Global Ratings credit analyst
Brian Suozzo.  As a result, S&P expects that the company will be
able to maintain its capital at the less than adequate stress level
with current reinsurance coverage.

"The ratings reflect our view of the group's business risk profile
(BRP) as fair, due to its less than adequate competitive position
assessment.  We view its financial risk profile (FRP) as very weak,
reflecting less than adequate capital and earnings, a moderate risk
position, and a less than adequate financial flexibility.  The fair
BRP reflects our view that, while management has taken steps to
mitigate its catastrophe exposure, the company's high geographic
concentration in Texas continues to make it vulnerable to more
frequent severe weather events such as tornadoes, windstorms and
hailstorms.  Our concern is partially mitigated by its significant
reinsurance coverage resulting in lower earnings and balance sheet
volatility.  The very weak FRP reflects our revised view of capital
and earnings to less than adequate from lower adequate as a
reflection of a reduction in the amount of reinsurance coverage for
property catastrophe losses for an extreme tail event.  We have
also amended our view of risk position to moderate from high
because despite assuming more risk exposure directly we consider
this in our capital and earnings assessment.  Financial flexibility
for the company remains weak
because access to the capital markets is limited and volatile
earnings with a small capital base magnify the difficulty the
company would have to service these obligations," S&P noted.

The outlook is stable.  Although the company's limited geographic
footprint and exposure to man-made and natural catastrophes will
continue to restrict its ability to grow its capital, S&P Global
Rating expects the strategic initiatives taken by management should
improve their book of business, along with the reinsurance program
help maintain capital in line with S&P's expectations during the
next 12 months.

S&P may lower its ratings in the next 12 months if the company
incurs substantial losses that would materially reduce capital
levels, if there is heightened potential for regulatory authorities
to initiate supervisory actions, risk controls were to deteriorate,
or if the company cannot purchase adequate reinsurance during the
2017 renewal cycle.

S&P does not anticipate raising its ratings in the next 12 months.
Any upgrade would depend on the company's ability to boost earnings
and significantly grow its statutory surplus, leading to a
sustained improvement in capital adequacy.


HUGHES CONTRACTING: Hires Philip Nizer as Labor Claims Counsel
--------------------------------------------------------------
Hughes Contracting Industries, Ltd., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Philip Nizer LLP as special counsel to the Debtors.

Hughes Contracting requires Philip Nizer to review the claims which
is a dispute with three labor organizations, and assist the
Debtor's general bankruptcy counsel in objecting the said claims.

Philip Nizer will be paid at the hourly rate of $475.

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

Regina E. Faul, member of Philip Nizer 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 Debtor and its estates.

Philip Nizer can be reached at:

     Regina E. Faul, Esq.
     PHILIP NIZER LLP
     666 5th Ave
     New York, NY 10103
     Tel: (212) 977-9700

                    About Hughes Contracting

Hughes Contracting Industries Ltd. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-22463) on
April 5, 2016, disclosing under $1 million in both assets and
liabilities. The Debtor is represented by Anne J. Penachio, Esq.,
at Penachio Malara LLP.


IMX ACQUISITION: Delays Filing of Q3 Financial Report
-----------------------------------------------------
Implant Sciences Corporation has informed the Securities and
Exchange Commission that it was unable to file the Quarterly Report
on Form 10-Q within 45 days of the Company's fiscal quarter ended
Sept. 30, 2016, due to delays caused by its petitions filed for
relief under Chapter 11 of the Bankruptcy Court with the United
States Bankruptcy Court for the District of Delaware.

The Company said it was unable, without unreasonable effort and
expense, to prepare its accounting records and schedules in
sufficient time to enable its independent registered public
accounting firm to complete its review of the financial statements
to be contained in the Quarterly Report on Form 10-Q for the
quarter ended Sept. 30, 2016.  The Company intends to file Form
10-Q, along with the financial statements within the five-day
extension period.  

The Company anticipates reporting a net loss of approximately
$22,318,000 on revenues of approximately $8,188,000 for the fiscal
quarter ended Sept. 30, 2016 as compared to a net loss of
approximately $2,547,000 on revenues of approximately $14,393,000
for the corresponding prior year period.  Results for the fiscal
quarter ended Sept. 30, 2016 include approximately $18,053,000 of
non-cash charges incurred as a result of the July 20, 2016
extension of the Company's credit facilities.  A more detailed
discussion of results of operations will be included in the
Management's Discussion and Analysis of Financial Condition and
Results of Operations in the Form 10-Q to be filed.

On Oct. 28, 2016, Implant Sciences filed Amendment No. 1 on Form
10-K/A to amends the Company's Annual Report on Form 10-K for the
fiscal year ended June 30, 2016, originally filed on Oct. 14.  

"We are filing this Amendment to include the information required
by Part III not included in the Original Filing as we will not file
our definitive proxy statement within 120 days of our fiscal year
ended June 30, 2016.  In addition, in connection with the filing of
this Amendment and pursuant to Rules 12b-15 and 13a-14 under the
Securities Exchange Act of 1934, as amended, we are including with
this Amendment currently dated certifications of our Chief
Executive Officer and Chief Financial Officer (Exhibits 31.1, 31.2,
32.1 and 32.2)," the Company said.

A copy of the Amendment No. 1 is available at
https://goo.gl/eyWbJP

                      About IMX Acquisition

IMX Acquisition Corp., also known as Ion Metrics Inc., and its
affiliates, comprise a leading designer and manufacturer of
systems
and sensors that detect trace amounts of explosives and drugs.
Their products, which include handheld and desktop detection
devices, are used in a variety of security, safety, and defense
industries, including aviation, transportation, and customs and
border protection. The Debtors have sold more than 5,000 of their
detection products to customers such as the United States
Transportation Security Administration, the Canadian Air
Transportation Security Authority, and major airports in the
European Union.

IMX Acquisition Corp. sought Chapter 11 protection (Bankr. D. Del.
Case No. 16-12238) on Oct. 10, 2016.  The case is assigned to
Judge Brendan Linehan Shannon.

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

The Debtor tapped Paul V. Shalhoub, Esq. and Debra C. McElligott,
Esq. and Jennifer J. Hardy, Esq. at Willkie Farr & Gallagher, LLP
as counsel.

The petition was signed by William J. McGann, president.

Andrew Vara, acting U.S. trustee for Region 3, on Oct. 24, 2016,
appointed Harold Coe and four others to serve on the official
committee of equity security holders in the Chapter 11 cases of
IMX Acquisition.

Proposed Co-Counsel to the Official Committee of Equity Security
Holders are William R. Baldiga, Esq., and Gerard T. Cicero, Esq.,
at Brown Rudnick LLP, in New York, and Sunni P. Beville, Esq., at
Brown Rudnick LLP, in Boston, Massachusetts; and Mark Minuti,
Esq.,
at Saul Ewing LLP, in Wilmington, Delaware.

Tannor Partners Credit Fund, LP., the New DIP Lender, is
represented in the case by Andrew M. Felner, Esq., at Sheppard,
Mullin, Richter & Hampton, LP.


IMX ACQUISITION: Nov. 29 Final Hearing on $8-Mil. Tannor DIP Loan
-----------------------------------------------------------------
IMX Acquisition Corp., Implant Sciences, and their
debtor-affiliates will return to the Delaware Bankruptcy Court on
Nov. 29, 2016, for a hearing to seek final approval of their
replacement DIP financing with Tannor Partners Credit Fund, LP.

The Debtors held an auction for the final debtor-in-possession
credit financing for the Borrowers in connection with the Chapter
11 Case, and received a higher and better offer for replacement
debtor-in-possession credit financing from Tannor.  In connection
with the auction, on Nov. 7, the Borrowers terminated the Senior
Secured, Super-Priority Debtor-in-Possession Loan and Security
Agreement, dated as of Oct. 10, 2016, as amended on Nov. 3, 2016,
with the original lender, DIP SPV I, L.P.  In connection with such
termination, the Company paid $1,610,769 to the Original DIP Lender
and its advisors to satisfy outstanding obligations under the
Original DIP Agreement, including $74,354 for expense reimbursement
for the Original DIP Lender's advisors.

On Nov. 7, 2016, the Borrowers entered into a replacement Senior
Secured, Super-Priority Debtor-in-Possession Loan and Security
Agreement with the New DIP Lender, which DIP Agreement was approved
by the Bankruptcy Court on an interim basis pursuant to an order
dated as of the Effective Date for the initial loan amount of $5.7
million.  Under the DIP Agreement, subject to the terms and
conditions thereof, the New DIP Lender agreed to lend up to a total
of $8.0 million to the Borrowers, with the initial installment of
$5.7 million payable upon the Bankruptcy Court entering the interim
order for the DIP Agreement and the remaining $2.3 million payable
upon the Bankruptcy Court entering the final order the DIP
Agreement.  

The loans under the DIP Agreement will accrue interest of 12% per
annum, and shall be subject to a default interest rate of 12% above
the applicable non-default rate (i.e., an aggregate of 24% per
annum) at any time when there is an event of default under the DIP
Agreement.  The Borrowers have agreed in the DIP Agreement to pay
fees to the New DIP Lender in an aggregate amount of 5.75% of the
maximum loan amount, regardless of how long the DIP Loan was
outstanding consisting of a closing fee of $35,000 at the time the
initial loan is made and an exit fee upon the termination of the
DIP Agreement of $425,000, minus any interest, other than default
interest, paid to the New DIP Lender.   The Borrowers are also
required to reimburse the New DIP Lender for its fees and expenses
in connection with the DIP Agreement and the loans thereunder.
Interest on the loans and the expense reimbursement are payable
monthly in arrears.

The loans under the DIP Agreement have super-priority security
status and are ahead of the Borrowers' other secured obligations
owed to the investors under the Note Purchase Agreement, dated
March 19, 2014, as amended, between the Borrowers, the investors
named therein and BAM Administrative Services LLC, as
administrative agent for the investors thereunder, and holders of
the notes under each of the Credit Agreement, dated as of September
4, 2009, as amended, with DMRJ Group LLC and the Note and Warrant
Purchase Agreement dated as of December 10, 2008, as amended, with
DMRJ Group LLC, and Montsant Partners LLC, as partial assignee
thereof.

The loans and all other obligations are due and payable (i) upon
the occurrence of an event of default that is not cured within the
applicable cure periods and for which the New DIP Lender has given
notice to accelerate the Borrowers' obligations under the DIP
Agreement, (ii) the entry of an order converting the Chapter 11
Case to a case under chapter 7 of the Bankruptcy Code, (iii) the
entry of an order in the Chapter 11 Case appointing a chapter 11
trustee or examiner, (iv) if the interim order for the DIP
Agreement is modified at the final hearing for the DIP Agreement in
a manner unacceptable to the New DIP Lender, (v) the effective date
of a chapter 11 plan in the Chapter 11 Case, (vi) the approval by
the Bankruptcy Court of an alternative financing transaction
transferring the collateral other than the sale of the Borrowers'
assets to L-3 Communications Corporation ("Buyer") under the asset
purchase agreement, dated as of October 10, 2016 (as amended, the
"Purchase Agreement"), by and among the Borrowers and Buyer or to
another winning bidder in the Bankruptcy auction process (the
"Sale"), (vii) the date of the closing of the Sale and (viii) the
first business day after the 6 month anniversary of the DIP
Agreement.  The loans can be prepaid at any time and mandatory
prepayments are required upon the disposition of assets outside of
the ordinary course, the receipt of extraordinary receipts or the
incurrence of any additional indebtedness.

The DIP Agreement contains numerous customary events of default,
including without limitation:

     (a) if the Borrowers fail to pay when due and payable any
principal obligations;

     (b) if the Borrowers fail to pay when due and payable any
interest or other obligations which failure is not cured within 4
business days after notice is provided to the Borrowers (the "Cure
Period");

     (c) if the Borrowers fail to comply with their covenants under
the DIP Agreement including the Bankruptcy Court milestones
described below: (with failures other than the financial
performance covenants subject to the Cure Period) or under the
interim or final orders for the DIP Agreement;

     (d) the entry or filing of an award, order or judgment in
excess of $100,000;

     (e) if a Borrower is enjoined, restrained or prevented by
court order form continuing to conduct all or any material part of
the business affairs of the Borrowers, taken as a whole;

     (f) a default in other indebtedness in excess of $100,000;

     (g) a material breach of Borrowers' representations and
warranties in the DIP Agreement;

     (h) if the security interests on the collateral are not valid
and perfected liens (subject to the Cure Period);

     (i) if the DIP Agreement or other loan document is declared
null and void other than due to New DIP Lender's breach, a
proceeding shall be commenced seeking to establish the foregoing or
a Borrower shall deny that they have any liability under the loan
documents (in each case, subject to the Cure Period);

     (j) the Bankruptcy Court shall enter an order (i) amending,
reversing, revoking, supplementing, altering, staying, vacating,
rescinding or otherwise modifying the interim order or final order
with respect to the DIP Agreement or any other order with respect
to the Chapter 11 Case affecting in any material respect the DIP
Agreement or other loan documents, (ii) appointing a chapter 11
trustee or an examiner, with enlarged powers relating to the
operation of the business pursuant to Section 1104 of the
Bankruptcy Code in the Chapter 11 Case, (iii) dismissing the
Chapter 11 Case or converting the Chapter 11 Case to a case under
chapter 7 of the Bankruptcy Code, or (iv) granting relief from the
automatic stay to any creditor holding or asserting a lien or
reclamation claim on the assets of any Borrower to permit such
creditor to foreclose upon or to reclaim the New DIP Lender's
collateral with a value in excess of $100,000;

     (k) a motion shall be filed or supported by a Borrower seeking
approval of any other super-priority claim in the Chapter 11 Case
(other than the carve-outs for professionals and other payments as
provided in the DIP Agreement and the interim order for the DIP
Agreement) which is pari passu with or senior to the claims of the
New DIP Lender against any Borrower unless after giving effect to
the transactions contemplated by such motion, all obligations under
the DIP Agreement are paid in full in cash;

     (l) the failure of the Bankruptcy Court to enter the interim
order for the DIP Agreement within 5 business days after the filing
of the related motion;

     (m) a motion shall be filed by a Borrower seeking (i) to
obtain additional financing under Section 364 of the Bankruptcy
Code and to use cash collateral of the New DIP Lender under Section
363(c) of the Bankruptcy Code without the consent of the New DIP
Lender, (ii) to recover from any portions of the collateral any
costs or expenses of preserving or disposing of such collateral
under the Bankruptcy Code, or (iii) to take any other action or
actions adverse to the New DIP Lender or its rights and remedies
under the DIP Agreement or other loan documents or any of the
documents evidencing or creating the New DIP Lender's interest in
any of the collateral (except in each case of clauses (i) through
(iii) such motion seeks to satisfy in full all obligations in
cash);

     (n) the filing by any Borrower with the Bankruptcy Court of
any plan other than a plan of reorganization that pays the New DIP
Lender if full, a motion to approve bid procedures other than those
in the Bid Procedures Order, or a motion to approve an alternative
financing transaction transferring the collateral other than the
Sale to Buyer or another winning bidder in the Bankruptcy auction
process;

     (o) the entry by the Bankruptcy Court of an order approving an
alternative debtor-in-possession financing transaction transferring
the collateral other than the Sale to Buyer or another winning
bidder in the Bankruptcy auction process;

     (p) the use by the Borrowers of cash collateral other than in
accordance with the terms of an order approving its use entered by
the Bankruptcy Court;

     (q) any of the foregoing shall occur other than as a result of
the Chapter 11 Case and be continuing and uncured: (i) a material
adverse change in the business, operations, results of operations,
assets, liabilities or financial condition of the Borrowers, taken
as a whole, (ii) a material impairment of the Borrowers' ability to
perform their obligations under the DIP Agreement and other loan
documents to which they are parties or the New DIP Lender's ability
to enforce the obligations under the DIP Agreement or realize upon
the collateral or (iii) a material impairment of the enforceability
or priority of the New DIP Lender's liens with respect to a
material portion the collateral as a result of an action or failure
to act on the part of the Borrowers;

     (r) the occurrence of any material damage to or material loss
of assets of the Borrowers taken as a whole (after application of
any insurance as to which the applicable insurance company has
accepted responsibility to cover such damage or loss, but inclusive
of any deductible amount);

     (s) the termination of (i) the Purchase Agreement to the
extent that there is not currently in effect a sale agreement with
respect to another party that is the winning bidder in the
Bankruptcy Court auction, or (ii) if another party is the winning
bidder in the auction, such party's purchase agreement;

     (t) an order terminating exclusivity has been entered by the
Bankruptcy Court or requested of the Bankruptcy Court unless
actively contested by the Borrowers;

     (u) a change in a majority of the directors of the Company;

     (v) other than as a result of the Chapter 11 Case, there shall
exist or have occurred on or after the Effective Date a material
violation, default or failure to perform, comply with or observe
any term, provision, covenant or agreement under any material
Contract and such material contract is terminated or otherwise not
in full force and effect (other than upon its expiration in
accordance with its terms); or

     (w) (i) unless otherwise waived or consented to in writing by
New DIP Lender, the subordination provisions relating to any
subordinated debt shall fail to be enforceable by the New DIP
Lender in accordance with the terms thereof, or the monetary
obligations shall fail to constitute "senior debt" or (ii) any
Borrower shall, directly or indirectly, disavow or contest in any
manner (x) the effectiveness, validity or enforceability of any of
any such subordination provisions, (y) that such subordination
provisions exist for the benefit of the New DIP Lender or (z) that
all payments of principal, premium or interest on the subordinated
debt, or realized from the liquidation of any property of any
Borrower, shall be subject to any such subordination provisions.

The making of the initial loan of $5.7 million is subject to
certain customary conditions, including without limitation, the
entry, within 5 business days of the Effective Date, by the
Bankruptcy Court of the interim order approving the DIP Agreement
in form and substance acceptable to the New DIP Lender and such
order shall be in full force and effect and not modified, amended,
reversed, stayed or appealed, and Borrowers shall have paid the
closing fee and any other amounts due and owing at the time of the
initial loan.  

The making of the additional loans is also subject to certain
customary conditions, including without limitation, the compliance
with the Bankruptcy Court milestones for the Chapter 11 Case set
forth in the DIP Agreement and the compliance with the performance
covenants set forth therein, the accuracy of the Borrowers'
representations and warranties as of such date, no default or event
of default shall have occurred and be continuing, the Bankruptcy
Court shall have entered the Bid Procedures Order within 25 days of
the Petition Date and the final order approving the DIP Agreement
within 25 days of the Effective Date, and such orders shall be in
full force and effect and not modified or amended, reversed or
stayed, and no action, proceeding, investigation, regulation or
legislation shall have been instituted or threatened to enjoin,
restrain or prohibit, or obtain damages in respect of, the DIP
Agreement, which would make it inadvisable to consummate the
transactions contemplated by the DIP Agreement.

Under the DIP Agreement, the Borrowers make certain affirmative
covenants customary for transactions of this nature, including
without limitation covenants regarding financial statements and
reporting, budget performance reporting, collateral reporting,
maintenance of properties and permits, corporate existence, payment
of taxes and maintenance of insurance, access and inspection,
compliance with laws and avoidance of environmental liabilities,
entry into or amendments to or termination of material contracts
outside of the ordinary course, modifying existing indebtedness
documents, maintaining a minimum amount of cash, meeting certain
specified Chapter 11 Case milestones (including (1) the entry of
the final order approving the DIP Agreement within 25 days after
the Effective Date, (2) the entry of the final approving the Sale
by December 19, 2016 and (3) the closing of the Sale and payment of
the obligations under the DIP Agreement by February 2, 2017),
compliance with the approved budget and notification of defaults
and litigation.  

The Borrowers also have agreed to certain negative covenants
customary for transactions of this nature, including without
limitation covenants preventing the incurrence of additional
indebtedness, the creation of liens, certain fundamental corporate
transactions, disposal of assets outside of the ordinary course of
business, changing the Borrowers' name or the nature of their
business, prepaying other indebtedness or making payments under
other debt other than as provided in the Bankruptcy Court orders,
amending any material contract or lease outside of the ordinary
course, any agreement evidencing permitted indebtedness or any
Borrowers' governing documents, any change of control of the
Borrowers (which includes a change in the majority of the Company's
directors), restricted payments, changing  its fiscal year or
method of accounting, transactions with affiliates, using the loans
other than as provided in the approved budget, pay any pre-Petition
Date debt, make capital expenditures other than as set forth in the
approved budget, significant changes to the Chapter 11 Case,
proposing or supporting a plan of reorganization that fails to pay
the obligations under the DIP Agreement as of the date of such plan
or assume or guarantee any third party obligations.

Additionally, the Borrowers are subject to certain financial
covenants regarding the net cash receipts, aggregate expenditures
and the generation of net cash flow, in each case, tested on a
monthly basis.

Under the DIP Agreement, the Borrowers make customary
representations and warranties to the New DIP Lender for
transactions of this nature, including in-depth representations and
warranties by the Borrowers regarding their businesses, assets and
liabilities, which are required to be true and correct as of the
date of the initial loan and as of the date of each additional
loan.

Pursuant to the DIP Agreement, the Borrowers also agreed to
indemnify, defend and hold harmless the New DIP Lender and its
related persons from and against any and all claims, demands,
suits, actions, investigations, proceedings, liabilities, fines,
costs, penalties, and damages, asserted against, imposed upon, or
incurred by any of them (a) in connection with or as a result of or
related to the execution and delivery, enforcement, performance, or
administration (including any restructuring or workout with respect
hereto) of the DIP Agreement, any of the other loan documents, or
the transactions contemplated thereby or the monitoring of
Borrowers' compliance with the terms of the loan documents, (b)
with respect to any investigation, litigation, or proceeding
related to the DIP Agreement, any other loan document, or the use
of the proceeds of the credit provided thereunder, or any act,
omission, event, or circumstance in any manner related thereto and
(c) for any environmental liabilities.

A copy of the Senior Secured, Super-Priority Debtor-in-Possession
Loan and Security Agreement, dated as of Nov. 7, 2016, by and among
Implant Sciences Corporation, C Acquisition Corp., Accurel Systems
International Corporation, IMX Acquisition Corp. and Tannor
Partners Credit Fund, LP, is available at https://goo.gl/3UpJE0

The DIP Lender may be reached at:

     Robert Tannor
     TANNOR PARTNERS CREDIT FUND, LP
     150 Grand Street, Suite 401
     White Plains, NY 10601
     E-mail: rtannor@tannorpartners.com

             Amendments to Asset Purchase Agreement

When they filed for bankruptcy, Implant Sciences and its
subsidiaries, C Acquisition Corp., Accurel Systems International
Corporation and IMX Acquisition Corp., entered into an asset
purchase agreement with L-3 Communications Corporation, a
wholly-owned subsidiary of L-3 Communications Holdings Inc.
Pursuant to the Purchase Agreement, the Sellers agreed to sell
substantially all of their assets, including their explosives trace
detection (ETD) business, to Buyer pursuant to a sale conducted
under Section 363 of the Chapter 11 of the Bankruptcy Code.  

On Oct. 20, 2016, in response to an order of the Bankruptcy Court,
the Sellers and Buyer entered into Amendment No. 1 to Asset
Purchase Agreement, pursuant to which, among other things, the
parties agreed that the Sellers may, under certain circumstances,
engage in or enter into or otherwise participate in discussions and
negotiations with any person or group (and its or their
representatives, advisors and intermediaries) or furnish
information relating to the Sellers' business in connection with an
offer or proposal from any person (other than Buyer or any of its
affiliates) relating to the direct or indirect acquisition of all
or any portion of the Sellers' assets.  A copy of the Amendment is
available at https://goo.gl/AufHvV

On Oct. 28, 2016, in response to an order of the Bankruptcy Court,
the Sellers and Buyer entered into Amendment No. 2 to Asset
Purchase Agreement, pursuant to which the parties agreed to modify
certain provisions relating to the procedures to be followed in the
Bankruptcy Court.  The Amendment, among other things, require the
Sellers to obtain approval of the Bid Procedures Order prior to
9:00 p.m. (New York City time) on Oct. 31, 2016, and the Sale prior
to 9:00 p.m. (New York City time) on Dec. 19, 2016.  A copy of the
Amendment is available at https://goo.gl/7mw1zZ

The Debtors and L-3 entered into a corresponding amendment to the
DIP financing agreement with DIP SPV I, L.P. on Nov. 3, 2016 --
prior to the DIP loan auction -- pursuant to which, among other
things, the parties agreed (i) to increase the loan amount to
$8,000,000, (ii) modify certain of the Chapter 11 milestones and
(iii) increase the related fees.   A copy of the DIP Amendment is
available at https://goo.gl/gO9U1k

                      About IMX Acquisition

IMX Acquisition Corp., also known as Ion Metrics Inc., and its
affiliates, comprise a leading designer and manufacturer of
systems
and sensors that detect trace amounts of explosives and drugs.
Their products, which include handheld and desktop detection
devices, are used in a variety of security, safety, and defense
industries, including aviation, transportation, and customs and
border protection. The Debtors have sold more than 5,000 of their
detection products to customers such as the United States
Transportation Security Administration, the Canadian Air
Transportation Security Authority, and major airports in the
European Union.

IMX Acquisition Corp. sought Chapter 11 protection (Bankr. D. Del.
Case No. 16-12238) on Oct. 10, 2016.  The case is assigned to
Judge Brendan Linehan Shannon.

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

The Debtor tapped Paul V. Shalhoub, Esq. and Debra C. McElligott,
Esq. and Jennifer J. Hardy, Esq. at Willkie Farr & Gallagher, LLP
as counsel.

The petition was signed by William J. McGann, president.

Andrew Vara, acting U.S. trustee for Region 3, on Oct. 24, 2016,
appointed Harold Coe and four others to serve on the official
committee of equity security holders in the Chapter 11 cases of
IMX Acquisition.

Proposed Co-Counsel to the Official Committee of Equity Security
Holders are William R. Baldiga, Esq., and Gerard T. Cicero, Esq.,
at Brown Rudnick LLP, in New York, and Sunni P. Beville, Esq., at
Brown Rudnick LLP, in Boston, Massachusetts; and Mark Minuti,
Esq.,
at Saul Ewing LLP, in Wilmington, Delaware.

Tannor Partners Credit Fund, LP., the New DIP Lender, is
represented in the case by:

     Andrew M. Felner, Esq.
     Sheppard, Mullin, Richter & Hampton, LP
     30 Rockefeller Plaza
     New York, New York 10112
     E-mail: afelner@sheppardmullin.com
     Facsimile: (212) 655-1718


INDRA HOLDINGS: Moody's Lowers CFR to Caa2; Outlook Stable
----------------------------------------------------------
Moody's Investors Service downgraded Indra Holdings Corp's
Corporate Family Rating to Caa2 from Caa1, Probability of Default
Rating to Caa2-PD from Caa1-PD, and the rating on the senior
secured first lien term loan to Caa2 from Caa1.  The rating outlook
remains stable.

The downgrade reflects Moody's view that Totes' currently
unsustainable capital structure combined with an overall weak
liquidity profile create a heightened probability of default.  The
company's revenue declined by over 20% and management-adjusted
EBITDA declined over 15% in fiscal year ended July 2016 (based on
unaudited quarterly financial statements), leading to mid-8 times
debt/EBITDA using the company's adjusted EBITDA calculations.
Moody's anticipates that the new management team's turnaround
efforts will be offset in the near term by competitive pressures
and a challenging retail environment, resulting in additional
earnings declines in the next 12-18 months and leverage increasing
above 10 times.  In addition, even though Totes has no near-term
maturities, Moody's expects overall liquidity to remain weak in the
next 12-18 months.  Totes should have sufficient remaining
availability on its revolver but any significant working capital or
earnings deterioration could result in negative free cash flow
generation (following modestly positive free cash flow generation
in the past 3 fiscal years) and very constrained revolver
availability in the peak borrowing periods, considering Totes'
highly seasonal operations.

Moody's took these rating actions on Indra Holdings Corp:

  Corporate Family Rating, downgraded to Caa2 from Caa1;
  Probability of Default Rating, downgraded to Caa2-PD from Caa1-
   PD;
  $245 million senior secured first lien term loan due 2021,
   downgraded to Caa2 (LGD4) from Caa1 (LGD4);
  Stable outlook

                         RATINGS RATIONALE

The Caa2 CFR reflects the company's currently unsustainable capital
structure and weak liquidity profile as a result of deteriorating
operating performance.  Revenue has declined over 10% and
management adjusted EBITDA over 25% on a cumulative basis since FYE
July 2013, as a result of increased competition in the highly
commoditized cold weather and rain categories, ongoing declines in
the U.S. department store channel, pressures from the strong US
dollar and macroeconomic weakness in Europe.  Totes' new management
team is focusing on product innovation, better wholesale account
management, digital marketing, as well as cost cutting through
headcount reduction and supply chain optimization. However, Moody's
believes that regaining market share in Totes' highly competitive
and mature categories will be difficult, and expects earnings to
decline further in the coming fiscal year, leading to leverage
above 10 times based on management adjusted EBITDA.  The rating
also reflects Totes' weak liquidity profile, including expectations
for negative to breakeven free cash flow, very seasonal operations
and expectations of high revolver borrowings and constrained ABL
revolver availability.  The rating is supported by the company's
low fashion risk, well-recognized brands in niche product
categories, established presence across diversified distribution
channels and geographic diversification.

The stable outlook reflects Moody' expectations for moderate
declines in earnings and breakeven to modestly negative free cash
flow, high revolver borrowings in peak periods but sufficient
remaining availability over the next 12-18 months.

The ratings could be downgraded if earnings or liquidity
deteriorate more than anticipated, if the probability of a default
increases or Moody's estimates of recovery decline.

The ratings could be upgraded if the company succeeds in turning
around its operations by reversing its operating performance
declines.

Based in Cincinnati, Ohio, Indra Holdings Corp is an international
designer, marketer, and distributor of cold and wet weather
accessories, slippers, sandals, headwear, and sunglasses with net
revenues of approximately $309 million for the fiscal year ended
July 2016.  The company distributes umbrellas and related products
primarily under the "Totes" and "Raines" brands, cold-weather
products including gloves and hats under the "Isotoner",
"Woolrich", "Manzella", "Grandoe" and C9 brands, and slippers and
sandals under the "Isotoner" and "Acorn" brands as well as private
labels.  The company has been controlled by Freeman Spogli & Co.
and Investcorp since May 2014.  Totes' fiscal year ends on
July 31.

The principal methodology used in these ratings was Global Apparel
Companies published in May 2013.


INT'L SHIPHOLDING: Auction of Specialty Business Segment on Dec. 15
-------------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York authorized bidding procedures in
connection with the sale of Specialty Business Segment of
International Shipholding Corp., and its debtor-affiliates to J
Line Corp. for $18,000,000, subject to overbid.

A copy of the Bidding Procedures and Stalking Horse Agreement,
attached to the Order is available for free at:

    
http://bankrupt.com/misc/International_Shipholding_367_Order.pdf

The Debtors are authorized to proceed with the Sale Transaction in
accordance with the Bidding Procedures and are authorized to take
any and all actions reasonably necessary or appropriate to
implement the Bidding Procedures in accordance with this timeline:

    a. Bid Deadline: Dec. 8, 2016 at 5:00 p.m. (PET)

    b. Auction: Dec. 15, 2016 at 10:00 a.m. (PET) at the offices of
counsel for the Debtors, Akin Gump Strauss Hauer & Feld LLP, One
Bryant Park, New York, New York

    c. Sale Objection Deadline: Dec. 19, 2016 at noon (PET)

    d. Sale Hearing: Dec. 20, 2016 at 10:00 a.m. (PET)

Notwithstanding anything contained in the Stalking Horse Agreement,
the Expense Reimbursement will not exceed $350,000.  The Expense
Reimbursement is approved as modified.

In the event that Hemisphere Logistics, LLC ("HLL") (a) is
determined by the Debtors to be a Qualified Bidder in accordance
with the Bidding Procedures, (b) submits an Overbid in accordance
with the Bidding Procedures, and (c) is not the Successful Bidder
at the Auction, then, HLL will be entitled to an expense
reimbursement up to a maximum of $350,000 for reimbursement of its
reasonable, documented, out-of-pocket fees, costs, and expenses
(including reasonable, documented attorneys' fees) actually
incurred by it and/or its affiliates in connection with the
formulation, negotiation, submission and pursuit at the Auction of
its Overbid, including conducting due diligence related to the
Sellers, the Company and the Assets ("HLL Expenses"), which expense
reimbursement shall be paid after (i) HLL provides at least 10
days' notice to the Company and the Committee of the HLL Expenses,
(ii) there are no objections by the Company or the Committee to HLL
Expenses, and (iii) the sale to the Successful Bidder has closed.
To the extent there are any objections to the HLL Expenses, such
objections shall be specific and the non-objectionable portion of
the HLL Expenses will be paid immediately.  If either the Company
or the Committee objects to any of the HLL Expenses, and such
objections will be are specific and detailed, and the parties will
seek to resolve such objections consensually amicably during over a
10-day period ("Resolution Period"); provided, however, that if
such objections are not resolved during the Resolution Period, then
HLL, the Company and the Committee will jointly move the Court for
expedited consideration of any such unresolved objections.

The Assumption and Assignment Procedures are approved.  Any
objection by a counterparty to an Assigned Contract must submit no
later than 4:00 p.m. (PET) 14 days following the service of the
Cure Notice.

The Court approved the proposed form of the Sale Notice, the
Publication Notice, the Post-Auction Notice and the Cure Notice.

A copy of these Notices attached to the Motion is available for
free at:


http://bankrupt.com/misc/International_Shipbuilding_300_Sales.pdf

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h), 6006(d), 7062, 9014, or otherwise, the Court, for good
cause shown, orders that the terms and conditions of the Bidding
Procedures Order will be immediately effective and enforceable upon
its entry.

               About International Shipholding

International Shipholding Corporation, through its subsidiaries,
operates a fleet of U.S. and foreign flag vessels that provide
international and domestic maritime transportation services to
commercial and governmental customers.  The company maintains its
headquarters in Mobile, Alabama.

International Shipholding Corporation filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 16-12220) on July 31, 2016.  Its
affiliated debtors also filed separate Chapter 11 petitions.  The
petitions were signed by Manuel G. Estrada, vice president and
chief financial officer.

The Debtors are represented by David H. Botter, Esq., Sarah Link
Schultz, Esq., and Travis A. McRoberts, Esq., at Akin Gump Strauss
Hauer & Feld LLP.  The Debtors' Restructuring Advisor is Blackhill
Partners, LLC.  Their Claims, Noticing & Balloting Agent is Prime
Clerk LLC.

The Debtors disclosed total assets at $305.1 million and total debt
at $226.8 million as of March 31, 2016.

William K. Harrington, the U.S. Trustee for the Southern District
of New York, on Sept. 1, 2016, appointed three creditors to serve
on the official committee of unsecured creditors of International
Shipholding.  The Committee hires Pachulski Stang Ziehl & Jones LLP
as counsel, and AMA Capital Partners, LLC as financial advisor.


ISAM HIJAZI: Disclosures OK'd; Plan Confirmation Hearing on Jan. 4
------------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts has approved Isam Hijazi's fourth amended
disclosure statement referring to the Debtor's fourth amended
Chapter 11 plan of reorganization.

The hearing on the confirmation of the Plan will be held on Jan. 4,
2017, at 11:00 a.m.

Objections to the confirmation of the Plan and objections to fee
applications must be filed by Dec. 21, 2016, at 4:30 p.m.  Dec. 21
is also the last day for creditors to submit ballots on the Plan.

Nov. 30, 2016, by 4:30 p.m. is fixed as the last day for filing
interim applications for compensation.

As reported by the Troubled Company Reporter on Nov. 4, 2016, the
Debtor filed with the Court the Fourth Amended Disclosure Statement
regarding the Debtor's Fourth Amended Plan, which proposes that
Class 2 East Boston Savings Bank Claim -- $189,349.62 -- be treated
as secured in the amount of $189,349.62.  As to the secured
portion, the claim will be paid at an interest rate of 5.25% per
annum based upon a 30-year amortization schedule and maturing 30
years from the Effective Date.  Accordingly, the monthly payment
will be $1,045.60.  

Isam Hijazi, a self-employed general contractor residing in
Mashpee, Massachusetts, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 15-13903) on Oct. 8,
2015.  Michael Van Dam, Esq., at Van Dam Law LLP serves as the
Debtor's bankruptcy counsel.


JAMES A. CRIPE: Colfin MF5 Objects to Disclosure Statement
----------------------------------------------------------
Colfin MF5 Funding, LLC, objected to James A. Cripe's fourth
amended disclosure statement filed on Oct. 7, 2016, describing the
Debtor's fourth amended plan of reorganization.

The Debtor is indebted to Colfin pursuant to a prepetition loan
facility in the amount of $1,212,000.  The Loan is secured by a
Multifamily Mortgage, Assignment of Rents and Security Agreement
Fixture Filing covering the mobile home park commonly known as
Wilderness Mobile Home Park located in Clarendon, Pennsylvania.

Colfin complains that:

     a. the Disclosure Statement fails to provide adequate
        information.  The Debtor's Disclosure Statement does not
        contain adequate information to allow creditors, like
        Colfin, to make an informed voting decision on the Plan;

     b. the Disclosure Statement describes a Plan that cannot
        satisfy the standards for confirmation:

        (i) the Debtor has not proposed the Plan in good faith.  
            The Debtor has proposed to surrender the Property to
            Colfin, but notes that the Property cannot be
            surrendered until after the Debtor addresses the
            environmental issues raised by DEP.  Further, the
            Debtor provides scant detail (cost, timing, etc.)
            regarding the remediation of the environmental issues
            at the Property.  Accordingly, the Debtor's proposal
            to surrender the Property is an empty commitment.  
            Further, the Debtor proposes a value for the Property
            that fails to take into account the significant
            environmental issues still present at the Property.
            Additionally, the Debtor's Value, and Colfin's
            subsequent deficiency claim, fails to account for the
            priming lien against the Property.  This goes against
            the objectives and purposes of the Bankruptcy Code in
            protecting secured parties' interests;

       (ii) the Plan is not feasible for multiple reasons.  First,

            the Debtor has provided projections for one year, when

            the Debtor proposes to extend payments to unsecured
            creditors, like Colfin, out for six years.  Second,
            the Plan proposes to surrender the Property to Colfin,

            but fails to detail the unresolved environmental risks

            and costs associated with transferring the Property.
            Third, the Debtor does not have the funding to make
            the requisite payments on the date of confirmation.

      (iii) the Plan cannot be confirmed under the "cram-down"
            provisions of Section 1129(b).  Colfin will not accept

            the Plan and both of Colfin's claims are impaired.

Colfin is represented by:

     John F. Kroto, Esq.
     KNOX MCLAUGHLIN GORNALL & SENNETT, P.C.
     120 West Tenth Street
     Erie, PA 16501
     Tel: (814) 923-4966
     Fax: (814) 453-4530
     E-mail: jkroto@kmgslaw.com

          -- and --

     Alan K. Mills, Esq.
     Jonathan D. Sundheimer, Esq.
     BARNES & THORNBURG LLP
     11 South Meridian Street
     Indianapolis, IN 46204
     Tel: (317) 236-1313
     Fax: (317) 231-7433
     E-mail: alan.mills@btlaw.com
             jsundheimer@btlaw.com

As reported by the Troubled Company Reporter on Oct. 18, 2016, the
Debtor filed with the Court an amended plan and accompanying
disclosure statement proposing to pay holders of Class 3 Unsecured
Claims $393.96 per month for 72 months, which payment payment will
result to 10.4% recovery.

                       About James A. Cripe

James A. Cripe (Bankr. W.D. Pa. Case No. 15-10070) filed a Chapter
11 petition on Jan. 21, 2015.  The case is assigned to Judge
Thomas P. Agresti.  The Debtor is represented by Gary Skiba, Esq.


JOHN CALADO: Disclosures Get Prelim. OK; Plan Hearing on Dec. 20
----------------------------------------------------------------
The Hon. Marci B. McIvor of the U.S. Bankruptcy Court for the
Eastern District of Michigan has granted preliminary approval of
John Benedict Calado's combined plan and disclosure statement dated
Nov. 8, 2016.

The hearing on objections to final approval of the First Amended
Disclosure Statement and confirmation of the Plan will be held on
Dec. 20, 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 Dec. 15, 2016.

The deadline for all professionals to file final fee applications
is Jan. 20, 2017.

                Plan Sets Aside $105K for Unsecureds

The Debtor's Plan proposes to set aside $105,000 to pay general
unsecured claims.

Under the plan, general unsecured creditors, which assert $738,222
in claims, will receive a portion of the proceeds from the sale of
PPC Property Management, LLC's interest in WellPointe Management
Company, LLC.

The Debtor estimates the net sale proceeds to unsecured creditors
will be approximately $90,000.  

In addition, unsecured creditors will receive five annual payments
of $3,000 to be distributed on a pro rata basis.  Payments will
commence one year after the effective date of the plan.

The Debtor is the 100% member of PPC Property, which owns 35
membership units in WellPointe.  The Debtor expects a transaction
will be completed within 180 days of the effective date, if not
sooner.

Aside from the sale proceeds, the restructuring plan will also be
funded by the Debtor's net monthly income from employment,
according to the disclosure statement dated November 8.

A copy of the disclosure statement is available for free at
https://is.gd/xquw6w

The Debtor is represented by:

     Geoffrey T. Pavlic, Esq.
     Steinberg Shapiro & Clark
     25925 Telegraph Rd., Suite 203
     Southfield, MI 48033
     Phone: (248) 352-4700
     Email: pavlic@steinbergshapiro.com

                    About John Benedict Calado

John Benedict Calado sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 16-41545) on February
8, 2016.  The case is assigned to Judge Marci B. McIvor.


JOHN LEWIS BLEWETT: Unsecureds To Recover 25% Under Plan
--------------------------------------------------------
John Lewis Blewett filed with the U.S. Bankruptcy Court for the
Eastern District of Tennessee a disclosure statement explaining the
Debtor's small business plan of reorganization dated Nov. 9, 2016.

Class 6 Unsecured Claims will be paid 25% of each creditor's
allowed claim, pro rata monthly, as funds are available after
payment of the monthly payments of aforementioned classes. These
creditors are impaired.

The Debtor has significant monthly variations in his gross receipts
and net income.  Based on the monthly reports filed by the Debtor
in his first Chapter 11 case and through September 2016 in this
case, the Debtor's average net income has been sufficient to pay
his expenses and Plan payments.  Provided there is no reduction in
income, this should allow sufficient income for the Debtor to fund
the proposed Plan of Reorganization.  Should the income from the
nightclub be insufficient in a given month, the Debtor will use his
government pension to make up any shortfall.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/tneb16-14027-48.pdf

The Plan was filed by the Debtor's counsel:

     David J. Fulton, Esq.
     SCARBOROUGH & FULTON
     701 Market Street, Suite 1000
     Chattanooga, TN 37402
     Tel: (423) 648-1880
     Fax: (423) 648-1881
     E-mail: DJF@sfglegal.com

John Lewis Blewett is self-employed and operates a nightclub on Lee
Hwy, Chattanooga, Tennessee.  The Debtor filed for Chapter 11
bankruptcy protection (Bankr. E.D. Tenn. Case No. 16-14027) on
Sept. 22, 2016.  David J. Fulton, Esq., at Scarborough & Fulton
serves as the Debtor's bankruptcy counsel.


JOSEPH KOKROKO: Disclosures OK'd; Plan Hearing on Jan. 5
--------------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona has approved Joseph E. Kokroko's second amended
disclosure statement referring to the Debtor's plan of
reorganization.

The hearing to consider the confirmation of the Plan will be held
on Jan. 5, 2017, at 10:00 a.m.

The last day for filing objections to confirmation of the Plan is
fixed at five business days prior to the hearing.  The written
report by proponent will be filed three business days prior to the
hearing.

As reported by the Troubled Company Reporter on Oct. 31, 2016, the
Debtor filed  a second amended disclosure statement dated Oct. 24,
2016, referring to the Debtor's second amended plan of
reorganization dated Oct. 24, 2016.  Under the Plan, Class 5 --
Second Lien Claim of Ocwen Loan Servicing -- consists of the second
lien claim of Ocwen to the extent of the value of the secured
creditor's interest in the Debtors' interest in the real property
known as 4416 North Camino Real, Tucson, Arizona 85718, the
Debtor's principal residence, and evidenced by a promissory note
and deed of trust -- is impaired.

                       About Joseph Kokroko

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

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


JYR'S EL MAGUEY: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 cases of JYR's El Maguey Corporation
and El Pato, Inc. as of Nov. 21, according to a court docket.

JYR's El Maguey Corporation and El Pato, Inc. filed Chapter 11
petitions (Bankr. W.D. Mo. Lead Case No. No. 16-42918) on October
21, 2016.  The Debtors are represented by Bradley D. McCormack,
Esq., at The Sader Law Firm, LLC.

At the time of the filing, JYR's estimated assets and liabilities
of less than $1 million.


KAISER GYPSUM: Asbestos Committee Hires Higgins as Co-Counsel
-------------------------------------------------------------
The Official Committee of Asbestos Personal Injury Claimants in the
case of Kaiser Gypsum Company, Inc., et al., seeks authorization
from the U.S. Bankruptcy Court for the Western District of North
Carolina to retain Higgins & Owens, PLLC, as local co-counsel to
the Committee, effective as of October 25, 2016.

The Committee requires Higgins to:

   (a) assist and advise the Committee in its consultations with
       the Debtors, unsecured creditors' committee (the "UCC"),
       and the Future Claimants' Representative (the "FCR"),
       relative to the overall administration of the estate;

   (b) represent the Committee at hearings to be held before this
       Court or Federal District Court or any appellate courts
       and communicating with the Committee regarding the matters
       heard and issues raised as well as the decisions and
       considerations of this Court and any other courts;

   (c) assist and advise the Committee in its examination and
       analysis of the Debtors' conduct and financial affairs and
       those of its affiliates;

   (d) review and analyze all applications, orders, operating
       reports, schedules and statements of affairs filed and to
       be filed with this Court by the Debtors or other
       interested parties in this case; advising the Committee as
       to the necessity and propriety of the foregoing and their
       impact upon the rights of asbestos-related claimants, and
       upon the cases generally; and after consultation with and
       approval of the Committee or its designee, consenting
       to appropriate orders on its behalf or otherwise objecting
       thereto;

   (e) assist the Committee in preparing appropriate legal
       pleadings and proposed orders as may be required in
       support of positions taken by the Committee and preparing
       witnesses and reviewing documents relevant thereto;

   (f) coordinate the receipt and dissemination of information
       prepared by and received from the Debtors' independent
       certified accountants or other professionals retained by
       them as well as such information as may be received from
       independent professionals engaged by the Committee, the
       UCC, and the FCR, as applicable;

   (g) assist the Committee in the solicitation and filing with
       the Court of acceptances or rejections of any proposed
       plan or plans of reorganization;

   (h) assist and advise the Committee with regard to
       communications to the asbestos-related claimants regarding
       the Committee's efforts, progress and recommendation with
       respect to matters arising in these cases as well as any
       proposed plan of reorganization;

   (i) assist the Committee generally by providing such other
       services as may be in the best interest of the creditors
       represented by the Committee; and

   (j) assist and advise the Committee with regard to the local
       rules and practice of the Court and the United States
       District Court for the Western District of North Carolina.

Higgins will be paid at these hourly rates:

     Sara W. Higgins, Member               $375
     Raymond E. Owens, Jr., Member         $425
     Susan A. Kemmet, Paralegal            $100

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

Sara W. Higgins, member of Higgins & Owens, PLLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) are not creditors,
equity security holders or insiders of the Debtor; (b) have not
been, within two years before the date of the filing of the
Debtor's chapter 11 petition, directors, officers or employees of
the Debtor; and (c) do not have an interest materially adverse to
the interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Higgins can be reached at:

     Sara W. Higgins, Esq.
     HIGGINS & OWENS, PLLC
     5925 Carnegie Blvd, Suite 530
     Charlotte, NC 28209
     Tel: (704) 295-4535

                    About Kaiser Gypsum

Kaiser Gypsum Company, Inc., and affiliate Hanson Permanente
Cement, Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D.N.C. Case Nos. 16-31602 and 16-10414) on Sept. 30,
2016. The petitions were signed by Charles E. McChesney, II,
vice-president and secretary.

The companies are represented by Rayburn Cooper & Durham P.A. and
Jones Day.  Cook Law Firm, P.C. and K&L Gates LLP serve as special
insurance counsel; NERA Economic Consulting as consultant; Miller
Nash Graham & Dunn LLP as special environmental and insurance
counsel; and PricewaterhouseCoopers LLP as financial advisors.

At the time of the filing, Kaiser and Hanson estimated their assets
and liabilities at $100 million to $500 million. Kaiser's principal
business consisted of manufacturing and marketing gypsum plaster,
gypsum lath and gypsum wallboard. The company has no current
business operations other than managing its legacy asbestos-related
and environmental liabilities. The company has no material tangible
assets.

HPCI's primary business was the manufacture and sale of Portland
cement products. It is a wholly-owned, indirect subsidiary of
non-debtor Lehigh Hanson, Inc.

HPCI is the direct parent of Kaiser Gypsum as well as non-debtor
Hanson Micronesia Cement, Inc. and non-debtor Hanson Permanente
Cement of Guam, Inc., the operating subsidiaries. Non-debtor
Permanente Cement Company, which has no assets or operations, is
also a wholly-owned subsidiary of HPCI.

The Office of the U.S. Trustee appointed three creditors to serve
on the official committee of unsecured creditors in the Chapter 11
case of Kaiser Gypsum Company, Inc. The Committee hires Blank Rome
LLP as counsel, and Moon Wright & Houston, PLLC.

An Official Committee of Asbestos Personal Injury Claimants
retained Caplin & Drysdale, Chartered, as its counsel.

Lawrence Fitzpatrick, the Future Claimants' Representative, tapped
Ankura Consulting Group, LLC as his claims evaluation consultant;
Young Conaway Stargatt & Taylor, LLP as attorney; and Hull &
Chandler, P.A. as local counsel.


KEEN EQUITIES: Disclosures OK'd; Plan Hearing on Dec. 7
-------------------------------------------------------
The Hon. Nancy Hershey Lord of the U.S. Bankruptcy Court for the
Eastern District of New York has approved Keen Equities LLC's
disclosure statement referring to the Debtor's plan of
reorganization.

A hearing to consider confirmation of the Plan will be held on Dec.
7, 2016, at 10:30 a.m.

Objections to confirmation of the Plan will be filed with the
Clerk of the Bankruptcy Court and served on counsel to the Debtor,
Goldberg Weprin Finkel Goldstein LLP, no later Dec. 1, 2016.

The Debtor's reply to any timely filed objection to confirmation
of the Plan will be filed no later than Dec. 5, 2016.

Ballots accepting or rejecting the Plan must be returned so as to
be received no later Dec. 1, 2016, at 5:00 p.m. (EST).

The Debtor will file a ballot tabulation and certification of any
acceptances or rejections of the Plan no later than Dec. 2, 2016.

                        About Keen Equities

Keen Equities, LLC, is a New York limited liability company
consisting of 12 members/investors.  Keen Equities is the owner of
approximately 860 acres of vacant land (the Lake Anne property)
situated close to the Hassidic community of Kiryas Joel, in Monroe,
New York.  The Lake Anne Property was purchased in 2006 with the
goal of building residential homes to meet the growing needs of the
Kiryas Joel community (the project).

For many years, the project stalled because of resistance from the
Village of South Blooming Grove.  At various times, the Debtor
pursued litigation to challenge certain local action and ultimately
the Lake Anne Property became subject to foreclosure proceedings by
the Greene Family.

Keen Equities, LLC, sought Chapter 11 protection (Bankr. E.D.N.Y.
Case No. 13-46782) on Nov. 12, 2013.  The petition was signed by
Y.C. Rubin, the manager.  

Judge Nancy Hershey Lord presides over the case.

The Debtor disclosed total assets of $15.1 million and total
liabilities of $6.84 million.  

Goldberg Weprin Finkel Goldstein LLP serves as the Debtor's
counsel.


KEY ENERGY: Dec. 6 Hearing on Bid to Reject Severance Deals
-----------------------------------------------------------
The board of directors of Key Energy Services, Inc., on Nov. 11,
2016, approved the rejection of certain existing compensatory
contracts with former officers of the Company pursuant to
applicable sections of the United States Bankruptcy Code.  The
contracts in question relate to three former executive officers of
the Company, but due to certain Securities and Exchange Commission
disclosure requirements for executive officers, each of the former
executive officers is still deemed to be a "named executive
officer" of the Company at the time of this filing.

The Company and/or Key Energy Services, LLC previously entered into
an Amended and Restated Employment Agreement, as well as a Letter
Agreement Regarding Continued Employment Terms with Mr. Richard J.
Alario, the Company's former Chief Executive Officer.  Mr. Alario's
employment with the Company terminated on March 5, 2016.

The Company previously entered into a Restated Employment Agreement
and a Transition Agreement and General Release with Ms. Kim B.
Clarke, the Company's former Senior Vice President, Administration
and Chief People Officer.  Ms. Clarke's employment with the Company
terminated on March 31, 2016.

The Company previously entered into a Restated Employment Agreement
and a Separation and Release Agreement with Kimberly R. Frye, the
Company's former Associate General Counsel. All relevant severance
benefits potentially payable to Ms. Frye were governed by this
employment agreement.  Ms. Frye's employment with the Company was
terminated on Oct. 28, 2015.

The Company previously reported that the Company and certain of its
domestic subsidiaries filed voluntary petitions for reorganization
under chapter 11 of the Bankruptcy Court in the United States
Bankruptcy Court for the District of Delaware (the "Court") on Oct.
24, 2016.  As debtors in bankruptcy, with the approval of the
Court, the Company has the right to reject certain executory
contracts, in which case the former employee would have an
unsecured claim for damages.  Under Section 502(b)(7) of the
Bankruptcy Code, the maximum allowable general unsecured claim of
an employee for damages resulting from the debtor's termination of
an employee's severance contract may generally be reduced to an
amount that is equal to one year of compensation, notwithstanding
the severance benefits provided within the applicable severance
contract.

The Board approved the rejection of the existing terms of the
Severance Agreements on Nov. 11, 2016.  Although the rejection will
potentially modify the severance provided pursuant to the Severance
Agreements, the Company believes that the former executive officers
would continue to be entitled to certain health and life insurance
benefits that were set forth in the Severance Agreements.  The
Board's rejection of the Severance Agreements remains subject to
approval by the Court, and the former executive officers have been
provided a notice period in which to object to the rejection.

A hearing has been set for Dec. 6, 2016 in order for the Court to
consider the Company's rejection of the Severance Agreements,
therefore the Company cannot estimate the amount of severance that
may become payable to the former executive officers with any
certainty at this time.

Last week, Key Energy delivered its financial report on Form 10-Q
to the Securities and Exchange Commission.  The Company said net
loss narrowed to $130,752,000 in the third quarter ended Sept. 30,
2016, from a net loss of $640,161,000 for the same period in 2015.

The Company posted a net loss of $305,168,000 for the first three
quarters of 2016, compared to a net loss of $765,216,000 during the
same period in 2015.

Revenues were $102,406,000 during the third quarter of 2016,
compared to $176,857,000 for the same period last year.  Revenues
the past three quarters were $308,506,000 compared to $642,152,000
during the same period in 2015.

As of Sept. 30, 2016, the Company had total assets of $995,621,000
against total current liabilities of $1,090,615,000.

On Oct. 18, 2016, the Company closed the sale of its Mexican
businesses and related assets.

A copy of the Form 10-Q Report is available at
https://goo.gl/eQBjix

A copy of the Debtors' 13-week cash collateral budget, through Jan.
22, 2017, is available at https://goo.gl/D2Y8hk

                        About Key Energy

Headquartered in Houston, Texas, Key Energy, Inc., claims to be the
largest domestic onshore, rig-based well servicing contractor based
on the number of rigs owned.  The Company provides a full range of
well services to major oil companies, foreign national oil
companies and independent oil and natural gas production companies
including Chevron Texaco Exploration and Production.

Each of Misr Key Energy Investments, LLC, Key Energy Services,
Inc., Key Energy Services, LLC, and Misr Key Energy Services, LLC,
filed a voluntary petition under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Lead Case No. 16-12306) on Oct. 24, 2016.  Key's
other domestic and foreign subsidiaries are not part of the
bankruptcy filing.

As of the second quarter of 2016, the Company had approximately
$1.13 billion in total assets and approximately $1 billion in
aggregate funded debt.  As of the date of the Petition Date, the
Debtors hold approximately $29.8 million in encumbered,
unrestricted cash.  The Debtors currently have approximately $13.4
million of trade debt and other debt owed to general unsecured
creditors, as disclosed in court papers.

The Debtors have hired Sidley Austin LLP as general bankruptcy
counsel; Young, Conaway, Stargatt & Taylor, LLP, as Delaware
counsel; PJT Partners LP as investment bankers; Alvarez and Marsal
North America, LLC, as financial advisors; and Epiq Bankruptcy
Solutions, LLC, as notice, claims, solicitation and voting agent.

                            *     *     *

Key Energy filed for Chapter 11 pursuant to the terms of a plan
support agreement among Key, Platinum Equity and certain other
holders of its 6.75% Senior Notes due 2021, collectively holding
more than 89% of its outstanding Senior Notes, and certain lenders
holding more than 87% of the principal amount of loans outstanding
under Key's Term Loan Credit Agreement dated June 1, 2015.  The PSA
contemplates the reorganization of the Debtors pursuant to a
prepackaged plan of reorganization.  Key previously commenced a
solicitation for acceptance of the Plan, which was accepted by
voting holders of 99.89% in principal amount and 93.88% in number
of Key's Senior Notes and voting holders of 100% in principal
amount and 100% in number of loans under the Term Loan,
constituting the requisite number of voting holders of the Senior
Notes and term loans.  Platinum Equity, a Los Angeles-based global
investment firm with a unique focus on operations and extensive
experience helping businesses in transition, as holder of a
majority of the Company's Senior Notes, will become Key???s largest
shareholder upon consummation of the Plan.

The Plan contemplates that funded debt will be reduced from roughly
$1 billion to approximately $250 million.

Under the Joint Plan, Class 6 General Unsecured Claims are
unimpaired and will recover 100%.


KKR FINANCIAL: S&P Lowers Rating on Preferred Notes to 'BB'
-----------------------------------------------------------
S&P Global Ratings said it affirmed its 'BBB' issuer credit rating
on KKR Financial Holdings LLC and 'BBB' issue rating on its senior
unsecured notes.  At the same time, S&P lowered the rating on the
company's perpetual preferred notes to 'BB' from 'BB+'.  The
outlook is stable.

"As pre-crisis CLOs have been called and the portfolio has
diminished in size, we believe KKR Financial Holding LLC's (KFN)
importance to KKR & Co. L.P. (A/Stable/--) has declined," said S&P
Global Ratings credit analyst Trevor Martin.  "KFN's business has
evolved to consist primarily of CLOs and credit-related
co-investments primarily sourced and managed by KKR.  We have
reassessed our view of expected implicit support from KKR and now
assess KFN as only moderately strategic to KKR.  We still, however,
factor in one notch of group support to KFN's stand-alone credit
profile (SACP) due to our view of the likelihood of extraordinary
support.  The shared brand name, management team, and previous
financial support (a $100 million revolving credit facility during
the financial crisis, which remained undrawn) factor into our
assessment.  As a consequence of the reassessment of KFN's
strategic importance to KKR & Co. we are lowering our preferred
stock rating to 'BB' from 'BB+', consistent with our methodology
for notching preferred stock off the SACP for subsidiaries that we
do not view as at least strategically important".

"We have decided to exclude non-recourse debt related to CLOs that
are consolidated in KFN's financial statements, resulting in a more
favorable view of KFN's leverage profile on a stand-alone basis.
In our opinion, deconsolidating the CLO assets and liabilities from
KFN's balance sheet provides a truer picture of the company's
leverage and we believe that KFN would be unlikely to support its
CLOs should they come under significant pressure. KFN's CLOs are
typically about 8x-10x leveraged and therefore increase the
company's consolidated leverage substantially. Moreover, some of
the pre-crisis CLOs were quite large in terms of total assets.  We
previously believed that, on a consolidated basis, leverage would
typically operate between 2.75x and 4.5x. However, after
deconsolidating the assets and the liabilities of the CLOs, we
believe debt to adjusted total equity (ATE) will be closer to 0.5x,
which is extremely low relative to other finance companies.  In our
measure of ATE, we deduct equity in finance companies and
structured finance vehicles.  The remainder of the balance sheet is
made up of real estate (legacy mortgage backed securities from its
days as a mortgage REIT and equity investments in commercial real
estate), natural resources, and leveraged loans and high yield
bonds outside of its CLOs.  We believe the portfolio is quite risky
relative to assets banks would tend to hold," S&P noted.

These changes offset and S&P is affirming its 'BBB' issuer credit
rating on KFN and its senior unsecured debt.  S&P's SACP for KFN is
'bbb-' and the ICR incorporates one notch of implicit support.

S&P Global Rating's stable outlook on KFN balances S&P's positive
viewpoint of the company's affiliation with KKR & Co. and its
strong capital levels against S&P's view that the risk of the
portfolio is elevated relative to peers'.  Over the next 18-24
months, S&P expects the company to focus on adding CLOs if the
market remains favorable.  At the same time, S&P expects the
company to realize some of the losses on investments that were
previously written down in its portfolio.

S&P could lower the rating if the company realizes losses in excess
of S&P's expectations or if it believes asset quality has
deteriorated further.  S&P could also lower the ratings if
debt-to-ATE surpasses 1.0x (excluding non-recourse debt related to
consolidated CLOs) or if the company significantly shortens its
debt maturity profile.  S&P believes that an upgrade is unlikely
over the next 18-24 months.


LEGENDS COLLISION: Seeks Court Approval to Use Cash Collateral
--------------------------------------------------------------
Legends Collision, LLC, asks the U.S. Bankruptcy Court for the
District of Arizona for authorization to use cash collateral until
Dec. 15, 2016.

The Debtor owns and operates an auto collision body shop and auto
repair company.

First International Bank and Trust holds a first lien on certain of
the Debtor's assets.  The Debtor believes that Nextwave Funding
holds a second line on certain of the Debtor's assets.

The Debtor tells the Court that it wants to use, among others, the
cash collateral, cash, deposit accounts, inventory, and accounts
receivables, to allow it to continue its business operations during
the course of its reorganization.

The Debtor is willing to grant First International Bank and Trust,
and to the extent appropriate, Nextwave Funding, postpetition
replacement liens, in the same order of priority, in cash
collateral, as adequate protection.

The Debtor contends that First International Bank and Trust as
wells as Nextwave Funding, are further adequately protected by the
Debtor's continuation and preservation of the going concern value
of its business and the non-cash collateral, such as equipment.
The Debtor further contends that the estate holds otherwise
unencumbered assets valued at approximately $423,516 at fair market
value.

The Debtor tells the Court that although the Lenders may object to
the Debtor's use of cash collateral, the Lenders' interests are
significantly protected by allowing the Debtor to continue to
operate the business and to protect and preserve the value of its
assets.

A full-text copy of the Debtor's Motion, dated Nov. 18, 2016, is
available at
http://bankrupt.com/misc/LegendsCollision2016_216bk12658bkm_36.pdf

                 About Legends Collision

Legends Collision, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-12658) on Nov. 3,
2016.  The petition was signed by Jonathan J. Conner, managing
member.  The case is assigned to Judge Brenda K. Martin.  At the
time of the filing, the Debtor disclosed $625,087 in assets and
$1.74 million in liabilities.


LENEXA HOTEL: Hires Lentz Clark Deines as Counsel
-------------------------------------------------
Lenexa Hotel, LP seeks authorization from the U.S. Bankruptcy Court
for the District of Kansas to employ Lentz Clark Deines PA as
counsel.

The Debtor requires LCD to represent it in its Chapter 11
bankruptcy proceedings.

LCD  will be paid at these hourly rates:

       Partners            $325-$375
       Associates          $175-$200
       Paralegals          $90

LCD has received a retainer fee of $50,000.  Since October 2012,
LCD has been paid approximately $30,546.95 for professional
services rendered and expenses incurred by the firm prior to, and
in connection with, the commencement of the bankruptcy case,
including the filing fee of $1,717.00.

Carl R. Clark Esq., of Lentz Clark Deines PA, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

LCD may be reached at:

       Carl R. Clark, Esq.
       Lentz Clark Deines PA
       9260 Glenwood
       Overland Park, KS 66212
       Telephone: (913)648-0600
       Telecopier: (913)648-0664
       E-mail: cclark@lcdlaw.com

             About Lenexa Hotel, LP

Lenexa Hotel, LP filed a Chapter 11 bankruptcy petition (Bankr.
D.Kans. Case No. 16-22172) on November 1, 2016.??Lentz Clark Deines
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 by Stephen J. Craig, president.


LESLIE ROGER SAUNDERS: To Object to IRS, MDOR Claims
----------------------------------------------------
Leslie Roger Saunders, II, filed with the U.S. Bankruptcy Court for
the District of Missouri a disclosure statement referring to the
Debtor's plan of reorganization.

Class 5 Unsecured Non-Priority Claim is impaired under the Plan.
Class 5 presently consists of the Internal Revenue Service,
Missouri Department of Revenue and Jackson County.  The claims
total about $10,703.28.  The Debtor will file objections to the
MDOR and IRS claims based on the Debtor's non-filed 2011 income tax
returns.  The Debtor did not have sufficient income to file in
2011.   

To the extent that extent it is determined that there are potential
other general unsecured claims, the Debtor will have 60 days after
confirmation of the Plan within which to object to any claim filed
in the case.  The Debtor will have an additional 30 days to object
to any claim filed pursuant to the recovery of any avoidable
transfer action.  Any claim not objected to within the periods will
be deemed accepted.

The Plan will be funded with Debtor's wages and income from
employment.  The Debtor has provided projected his individual
monthly operating reports for the last six months to show his
ability to fund the Plan.   

The Disclosure Statement is available at:

            http://bankrupt.com/misc/mowb15-42416-11.pdf

The Plan was filed by the Debtor's counsel:

      Susan Bratcher, Esq.
      1201 NW Briarcliff Parkway, Suite 200
      Kansas City, MO 64116
      Tel: (816) 453-2240
      Fax: (816) 455-6597
      E-mail: bratcherlaw@gmail.com

Leslie Roger Saunders, II, is a married individual who is employed
as a car salesman in Lee's Summit, Missouri.  The Debtor filed for
Chapter 11 bankruptcy protection (Bankr. W.D. Mo. Case No.
15-42416).


LIVE OAK LOUNGE: Plan Outline Hearing on Nov. 29
------------------------------------------------
Live Oak Lounge, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Texas, Fort Worth Division, to conditionally
approve its filed disclosure statement and plan of reorganization.

The Debtor seeks to sell its assets to a Buyer, a new company
formed by Afallon Holdings, Inc., or a successor organization of
the same principals who have funded the Debtor's operations for the
last two years.

The Debtor has been in consultation with its creditors, which
include: (i) PlainsCapital, to whom Debtor owes approximately
$22,810, and who holds a lien on inventory and the accounts
receivable of Debtor; and (ii) the IRS, which claims a secured debt
of $52,900 and total debt of $233,889, but which the Debtor seeks
to reduce to $20,792 based on trust funds held at the time of
filing in its accounts.  Afallon Holdings is also owed a secured
debt of $524,160, which the proposed plan does not pay, and which
calls for Afallon or its successor to pay that which is required to
ensure confirmation.

It is intended that the Buyer will make payments under the proposed
Plan of Reorganization as part of its duties, and receive title to
the assets when PlainsCapital and the IRS are paid.

It is expected that the Debtor's Landlord will object to the
proposed plan and the IRS will dispute the amount it should be
paid.

The Debtor asserts that the Disclosure Statement be conditionally
approved, as it contains adequate information with respect to the
applicable subject areas identified, as necessary to proceed with
Confirmation of the Plan in the manner proposed.

The Debtor asks the Court to schedule the combined hearing for
final approval of the disclosure statement and plan of
reorganization on Nov. 29, 2016 at 9:30am.  The Debtor also asks
the Court to set Nov. 23, 2016 as the due date for creditors to
return their ballots to Debtor's counsel.  The Debtor further asks
the Court to set a due date for objections to either the final
approval of the disclosure statement or the plan of reorganization
to be Nov. 23, 2016.

                 About Live Oak Lounge

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

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


LIVE WELL: Plan Confirmation Hearing on Jan. 12
-----------------------------------------------
The Hon. Cynthia C. Jackson of the U.S. Bankruptcy Court for the
Middle District of Florida has conditionally approved Live Well
Medical Centers Orlando, LLC's disclosure statement referring to
the Debtor's plan of reorganization.

An evidentiary hearing will be held on Jan. 12, 2017, at 2:45 p.m.

Any party desiring to object to the Disclosure Statement or to the
plan confirmation must file its objection no later than seven days
before the date of the Confirmation Hearing.

Creditors and other parties-in-interest will file with the clerk
their written acceptances or rejections of the plan (ballots) no
later than seven days before the date of the Confirmation Hearing.
The Debtor will file a ballot tabulation no later than four days
before the date of the Confirmation Hearing.  No later than 14 days
after the date of service of the court order, the Debtor, through
its counsel, will serve by mail a solicitation package upon all
creditors, equity security holders, administrative claim
applicants, the trustee (if any), attorney for the creditor's
committee (if any), each member of the creditors committee (if
any), Internal Revenue Service, Post Office Box 21126, Philadelphia
PA 19114, The Securities and Exchange Commission, Branch of
Reorganization, 175 West Jackson Street, Suite 900, Chicago,
Illinois 60604???2601, United States Trustee, 400 West Washington
Street, Suite 1101, Orlando, Florida 32801,
attorneys who have appeared in this case and on professionals who
have been employed by the Debtor or any official committee with the
approval of the Court, and other parties-in-interest in the
Debtor's case.

All creditors and parties in interest that assert a claim against
the Debtor which arose after the filing of this case, including all
attorneys, accountants, auctioneers, appraisers, and other
professionals for compensation from the estate of the Debtor must
file applications for the allowance of the claims with the Court
allowing at least 21 days notice time prior to the date of the
Confirmation Hearing.  An election pursuant to 11 U.S.C. Section
1111(b) must be filed no later than 7 days before the date of the
Confirmation Hearing.

Live Well Medical Centers Orlando, LLC, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
16-03171) on May 12, 2016.  The Debtor is represented by Thomas C.
Adam, Esq., at Adam Law Group, P.A.


LIZA HAZAN: S & S Collections Tries To Block Disclosures Approval
-----------------------------------------------------------------
Unsecured creditor S & S Collections, Inc., filed with the U.S.
Bankruptcy Court for the Southern District of Florida an objection
to Liza Hazan's disclosure statement referring to the Debtor's plan
of reorganization.

As reported by the Troubled Company Reporter on Sept. 12, 2016, the
Debtor filed with the Court an amended disclosure statement that
proposes that unsecured creditors holding allowed claims will
receive distributions which the Debtor has valued at dividend of
41% to 100% of total allowed claims accrued for up to 60 months and
paid every six months with the first payment due in month six,
while undisputed unsecured claims are paid 100% within two years of
the petition date, or by Jan. 11, 2018.

The Disclosure Statement, according to S & S, does not provide
sufficient analysis regarding the monetary amounts of the claims
which comprise each different class of creditors.  "The Debtor
reserves objections to claims vaguely indicating that the Debtors
current plan contemplates objections.  Without such an analysis, it
is difficult for the creditors to understand how much of the
projected and sporadic income earned by Debtor as a consultant and
by renting Debtor's Fisher Island home will be available for
distribution to the unsecured creditors and what the pro-rations
for those amounts will be.  This information is necessary for the
creditors to intelligibly decide how to vote on and whether to
object to the Plan," S & S states.

S & S claims that the Disclosure Statement is internally
contradictory.  In the Section identifying classes of equity
interest holders, the Debtor seeks to avoid payment obligations to
Fisher Island Community Association (FICA) even though the Debtor
apparently recognizes that FICA has secured lien rights, S & S
shares.  According to S & S, the Debtor fails to specify the amount
of the ongoing assessment obligations to both FICA and Valencia
Estates which are the governing associations over the Fisher Island
Property, other than to declare that there would be no payment
through the Plan.  The amount of the monthly assessments are
necessary to evaluate the Plan.  S & S says that with regard to
creditor 6913 Valencia, LLC, there is no promissory note
incorporated in the recorded mortgage and the Debtor has not
disclosed the source of consideration and the identity of the
holder for the alleged 6913 Valencia LLC lien, so that it should
not be treated as either a secured or unsecured claim without
Debtor's full disclosure and opportunity for the creditors to
evaluate this claim which will impair the recovery of unsecured
creditors.  The Debtor is personally obligated to S & S to pay the
legal fees for 6913 Valencia LLC by virtue of her control of the
company and evidenced by the executed retainer agreement for its
representation in the 2011 NLG lawsuit.

Since the Debtor disputes Claim 13, "the Disclosure Statement
should identify the parties and reasoning for the satisfaction of
the mortgage lien by 6913 Valencia LLC.  Should Debtor prove that
she is not personally liable for Claim 13, the release of 6913
Valencia LLC's lien will impair recovery of the S & S claim. These
issues need to be clarified," S & S states.

According to S & S, the Debtor's dispute the Disclosure Statement
contains very broad language regarding defenses and threats against
of the creditor, S & S, Simon & Sigalos, LLP, and Michael Simon for
representation in the 2008 NLG lawsuit.  S & S describes the
Debtor's disputes to Claim 13, (No. 16 in the Disclosure Statement)
as scandalous and without any truth or merit.  The Debtor alleges
Mr. Simon's failure to appear at a hearing in April 2008, has
allegedly created "very substantial claims".  The Disclosure
statement does not disclose nor provide any explanation, affidavit
or verification in support of the dispute to the claim.  The
disputes and alleged defenses are time barred and waived by
subsequent settlements with NLG and independent defaults and
judgments against the Debtor.

The Disclosure Statement, S & S claims, lacks any allegations or
proof that that the Debtor complied with Debtor's payment
obligations to NLG, (as well as the first mortgage which was in
arrears, the tax collector, Valencia Estates and FICA), and the
Debtor had the ability to cure any default so that a physical
appearance by Debtor's state court counsel would have resulted in a
different outcome.

S & S intends to object to any provision of the Plan that would in
any way result in a release or limitation on its rights to recovery
from the non-Debtor, 6913 Valencia, LLC.

S & S  is represented by:

     Michael W. Simon, Esq.
     SIMON & SIGALOS, LLP
     3839 N.W. Boca Raton Boulevard
     Suite 101
     Boca Raton, FL 33431
     Tel: (561) 447-0017
     Fax: (561) 447-0018
     E-mail: msimon@simonsigalos.com

Liza Hazan filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case No. 16-10389) on Jan. 11, 2016, and is represented by
Joel M. Aresty, Esq., in North Miami, Florida.


LOU WEBBER TIRE: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Lou Webber Tire, Inc. as of
Nov. 21, according to a court docket.

The Debtor is represented by:

     Jason A. Burgess, Esq.
     The Law Offices of Jason A. Burgess, LLC
     1855 Mayport Road
     Atlantic Beach, FL 32233
     Phone: (904) 372-4791
     Email: jason@jasonaburgess.com

                      About Lou Webber Tire

Lou Webber Tire, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 16-03574) on September
22, 2016.  The petition was signed by Lewis L. Webber, Jr.,
president.  

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


LOWELL & SONS: Hires Edwin S. Brown as Accountant
-------------------------------------------------
Lowell & Sons, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Oregon to employ Edwin S. Brown as accountant
to the Debtors.

Lowell & Sons requires Edwin S. Brown to prepare accurate Rule 2015
reports and consider the tax implications of any proposed Plan of
Reorganization.

Edwin S. Brown will be paid at the hourly rate of $195.

Edwin S. Brown will be subject to a fee cap of $4,000.

Edwin S. Brown will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Edwin S. Brown, 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.

Edwin S. Brown can be reached at:

     Edwin S. Brown
     PO Box 22528
     Milwaukie, OR 97269

                   About Lowell & Sons, LLC

Lowell & Sons, LLC, filed a Chapter 11 petition (Bankr. D. Ore.
Case No. 16-33707) on Sept. 27, 2016. The petition was signed by
Lorena N. Lowell, manager. The case is assigned to Judge Trish M.
Brown. The Debtor disclosed $2.52 million in total assets and $2.60
million in total liabilities. The Debtor is represented by Theodore
J. Piteo, Esq., at Michael D. O'Brien & Associates, P.C.



LUCAS ENERGY: Alan Dreeben Holds 11% Equity Stake as of Nov. 4
--------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Alan W. Dreeben disclosed that as of Nov. 4, 2016, he
beneficially owns 2,109,794 shares of common stock (includes
314,160 shares issuable upon conversion of Series B Redeemable
Convertible Preferred Stock) of Lucas Energy, Inc., which
represents 11 percent of the shares outstanding.  A full-text copy
of the regulatory filing is available for free at:

                   https://is.gd/ajULmB

                    About Lucas Energy

Based in Houston, Texas, Lucas Energy (NYSE MKT: LEI) --
http://www.lucasenergy.com/-- is a growth-oriented, independent
oil and gas company engaged in the development of crude oil,
natural gas and natural gas liquids in the Hunton formation in
Central Oklahoma in addition to the Austin Chalk and Eagle Ford
formations in South Texas.

Lucas Energy reported a net loss of $25.4 million for the year
ended March 31, 2016, compared to a net loss of $5.12 million for
the year ended March 31, 2015.

As of Sept. 30, 2016, Lucas Energy had $71.32 million in total
assets, $53.58 million in total liabilities and $17.74 million in
total stockholders' equity.

Hein & Associates LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the Company has incurred
significant losses from operations and had a working capital
deficit of $9.6 million at March 31, 2015.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


LUCAS ENERGY: Ilios Oil Reports 4% Equity Stake as of Nov. 4
------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Ilios Oil, LLC and John Benjamin Azar disclosed that as
of Nov. 4, 2016, they beneficially own 664,102 shares of common
stock of Lucas Energy, Inc., which represents 4 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/mFQ8cz

                    About Lucas Energy

Based in Houston, Texas, Lucas Energy (NYSE MKT: LEI) --
http://www.lucasenergy.com/-- is a growth-oriented, independent
oil and gas company engaged in the development of crude oil,
natural gas and natural gas liquids in the Hunton formation in
Central Oklahoma in addition to the Austin Chalk and Eagle Ford
formations in South Texas.

Lucas Energy reported a net loss of $25.4 million for the year
ended March 31, 2016, compared to a net loss of $5.12 million for
the year ended March 31, 2015.

As of Sept. 30, 2016, Lucas Energy had $71.32 million in total
assets, $53.58 million in total liabilities and $17.74 million in
total stockholders' equity.

Hein & Associates LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the Company has incurred
significant losses from operations and had a working capital
deficit of $9.6 million at March 31, 2015.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


LUCAS ENERGY: RAD2 Minerals, et al, Own 30% Stake as of Nov. 10
---------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, the following entities disclosed beneficial ownership
of shares of common stock of Lucas Energy, Inc. as of Nov. 4,
2016:
  
                                  Shares       Percentage
                               Beneficially        of
     Name                          Owned         Shares
     ----                      ------------    ----------
RAD2 Minerals, Ltd.             4,837,385          24%
RAD2 Management, LLC            4,837,385          24%
Segundo Resources, LLC            414,120           2%
Richard N. Azar, II             6,012,502          30%

As of Nov. 10, 2016, the Reporting Persons beneficially own in
aggregate 6,012,502 shares of Common Stock (which includes
1,842,120 shares of Common Stock issuable upon conversion of
258,000 shares of Series B Preferred Stock) representing 30% of the
20,369,047 shares of the Company's issued and outstanding Common
Stock on such date (when accounting for the issuance of 1,842,120
shares of Common Stock upon the conversion of the 258,000 shares of
Series B Preferred Stock).

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

                     https://is.gd/b9zr6S

                      About Lucas Energy

Based in Houston, Texas, Lucas Energy (NYSE MKT: LEI) --
http://www.lucasenergy.com/-- is a growth-oriented, independent
oil and gas company engaged in the development of crude oil,
natural gas and natural gas liquids in the Hunton formation in
Central Oklahoma in addition to the Austin Chalk and Eagle Ford
formations in South Texas.

Lucas Energy reported a net loss of $25.4 million for the year
ended March 31, 2016, compared to a net loss of $5.12 million for
the year ended March 31, 2015.

As of Sept. 30, 2016, Lucas Energy had $71.32 million in total
assets, $53.58 million in total liabilities and $17.74 million in
total stockholders' equity.

Hein & Associates LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the Company has incurred
significant losses from operations and had a working capital
deficit of $9.6 million at March 31, 2015.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


M. A. GONZALEZ: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: M. A. Gonzalez Properties, LLC.
        4700 Craig Ave.
        Metairie, LA 70003

Case No.: 16-12851

Chapter 11 Petition Date: November 21, 2016

Court: United States Bankruptcy Court
       Eastern District of Louisiana (New Orleans)

Judge: Hon. Elizabeth W. Magner

Debtor's Counsel: Markus E. Gerdes, Esq.
                  GERDES LAW FIRM, L.L.C.
                  P.O. Box 2862
                  Hammond, LA 70404
                  Tel: (985) 345-9404
                  Fax: (985) 543-0486
                  E-mail: angel@gerdeslaw.net
                          gerdeslaw@i-55.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mario A. Gonzalez, manager.

The Debtor has no unsecured creditor.

A full-text copy of the petition is available for free at:

         http://bankrupt.com/misc/laeb16-12851.pdf


MANUEL A. NOYA: Unsecureds To Receive $95,000 Under Plan
--------------------------------------------------------
Manuel A. Noya filed with the U.S. Bankruptcy Court for the
District of Maryland a disclosure statement in support of the
Debtor's Chapter 11 plan dated Nov. 13, 2016.

Under the Plan, holders of Class C General Unsecured Claims will be
paid a total of $95,000, in one payment of $5,000 on the Effective
Date, and 36 consecutive monthly payments of $2,500, the first
payment being made on the first day of the first month following
the fourth anniversary of the Effective Date.  The pro rata share
of the claimed amount of any claims which are then subject to
objections as to which a final court order has not been entered
will be deposited in an interest bearing bank account until a final
court order is entered.  When final court orders are entered
disallowing or allowing and liquidating all Class C claims, the
remaining funds in the bank account will be distributed to the
holders of all Class C claims pro rata.  Payments on Class C 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 of $1,000 or less mailed to the proper
address and returned by the post office as undeliverable, or not
deposited within 180 days, will be void and the funds may be
retained by the Debtor.  This class is impaired.

The Debtor will fund this Plan with income from wages/commissions
and from income from real estate.  The Debtor will retain the
assets of the estate, and will pay ordinary living expenses, pay
the operating expenses for the real estate, and pay the creditors
the amounts set forth in the Plan from the proceeds.  Consistent
with the provisions of the Plan and subject to any releases, the
Debtor reserves the right to start or continue any adversary
proceeding permitted under the Bankruptcy Code and Rules to collect
any debts, or to pursue claims in any court of competent
jurisdiction.  Except as expressly provided for in the Plan,
nothing in the Plan will be deemed to constitute a waiver of any
claim that the Debtor may assert against any other party, including
the holder of any claim provided for in the Plan, and the allowance
of any claim against the Debtor or the estate will not bar any
claim by the Debtor against the holder of the claim.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/mdb14-19417-241.pdf

The Plan was filed by the Debtor's counsel:

      Brett Weiss, Esq.   
      CHUNG & PRESS, LLC
      6404 Ivy Lane, Suite 730   
      Greenbelt, Maryland 20770   
      Tel: (301) 924-4400   
      E-mail: brett@BankruptcyLawMaryland.com

Manuel A. Noya a is a 67 year-old individual resident of Baltimore
County, Maryland.  After attending Fordham University in New York
City, he has worked as an independent insurance adjuster since
1970.  Starting as an adjuster in New York, he rose to a Senior
Adjuster, General Adjuster, Claims Manager and Executive Vice
President of a large independent adjustment bureau.  The Debtor
currently resides in a house owned at 6422 Wilmot Drive,
Reisterstown, Maryland 21136.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Md. Case No. 14-1-9417).


MAPPIN LOJAS: Seeks U.S. Recognition of Brazilian Proceeding
------------------------------------------------------------
Massa Falida de Mappin Lojas de Departamento S.A., Mappin
Telecomunicoes Ltda. and Casa Anglo Brasileira S.A., sought
protection under Chapter 15 of the Bankruptcy Code, seeking
recognition in the U.S. courts of an insolvency proceeding in
Brazil that started more than 15 years ago.

Afonso Henrique Alves Braga, the court-appointed trustee
responsible for foreign asset recovery and duly-authorized foreign
representative of the Debtors, filed the petitions in the U.S.
Bankruptcy Court for the District of Florida on Nov. 20, 2016.

In July 1999, Mappin Lojas was placed into a formal Brazilian
insolvency process by the Court of Justice of the State of Sao
Paulo, Central Civil Court, 18th Civil Division pursuant to
Brazilian Bankruptcy Decree-Law, number 7.661 of 1945 under the
laws of the Federative Republic of Brazil.  Subsequently, on March
23, 2000, the bankruptcy was extended to Mappin Telecomunicacoes
and Casa Anglo.

As disclosed in Court documents, the Debtors' fall into financial
distress and eventually insolvency was widely suspected to have
been the result of a fraud perpetrated by CEO Ricardo Mansur.  Due
to Mappin Lojas's failure to pay its debts as they fell due, a
large number of creditors had petitioned for Mappin Lojas to be
declared bankrupt and placed into insolvency proceedings.

In October 1996, Mansur, a Brazilian businessman and bank owner,
acquired Mappin Lojas and became its CEO.  At that time, Mappin
Lojas had approximately 9,000 employees and annual sales in excess
of 1 billion Reais per year (approx. US$300,000,000).

Mr. Braga concluded that Mansur had fraudulently misapplied assets
based on among other evidence, a report from the Central Bank,
which conclusion was corroborated by contemporaneous press coverage
reporting that Mansur was a fraudster.

On July 6, 2011, Mr. Braga applied to the Brazilian Court for an ex
parte order, for among other relief, to pierce the corporate veil
of the Debtors to hold Mansur and his assets personally liable for
the debts of the Debtors pursuant to Article 50 of Law number
10.406, dated of 2.002, as amended.  He also requested the
Brazilian Court to reverse pierce the corporate veil of other,
non-debtor entities owned and controlled by Mansur so that those
assets would also be subject of the bankruptcy.  Mr. Braga's
application was granted by the Brazilian Court on Aug. 6, 2011.  

                   CEO's Extravagant Lifestyle

According to Mr. Braga, despite the demise of the Debtors, Mansur
continues to maintain an extravagant lifestyle through strategic
asset planning and multiple relocations to avoid enforcement of his
liability to Mappin creditors in the Brazilian Proceeding.

"Despite being the majority shareholder and CEO of a company that
had thrived for nearly a century in Brazil, only to become woefully
insolvent after three years of his ownership and control, Mansur
has continued to maintain a lavish lifestyle following the Debtors'
demise," maintained Mr. Braga.

Mr. Braga disclosed that following the commencement of the
Brazilian Proceeding, Mansur relocated to London, England, where he
continued to lead an abundant lifestyle, which included living in a
multi-million dollar house in Kensington and maintaining a polo
center.  Most recently, Mansur once again moved himself and his
assets from London to Miami Beach, Florida, shortly before Mr.
Braga obtained orders from the Chancery Division of the English
High Court that enabled him to commence an asset recovery campaign
against Mansur in the UK.

On Aug. 12, 2011, following shortly upon the issuance of the Aug.
6, 2011, Veil Piercing Order, the Brazilian Court issued an order
authorizing Mr. Braga to take action abroad to identify and
retrieve the assets of the Debtors' estate.

On May 14, 2015, Mr. Braga applied to the UK Court to open
proceedings to have the Brazilian Proceeding recognized under
Article 15 of the UNCITRAL Model Law on Cross-Border Insolvency as
adopted into UK law in Schedule 1 to the Cross-Border Insolvency
Regulations 2006.  On July 6, 2015, the UK Court recognized the
Brazilian Proceeding under Articles 15 and 17 of the CBIR, and
entrusted Mr. Braga with the administration, realization and
distribution of the Debtors' assets located in the UK.

              Current Status of Brazilian Proceeding

Based on the last report from Dr. Nelson Carmona, the
court-appointed trustee responsible for the local asset recovery in
Brazil, dated as of Jan. 28, 2016, at least 1,092 claims against
Mappin have been admitted to proof in the sum of R$361,538,176
(approximately US$109,226,035).  Of this sum, R$51,123,805 or
US$15,445,258 of the total debt was already paid by the estate,
leaving a balance of R$310,414,371 (approximately US$93,780,776)
yet to be paid.  

Mr. Carmona is still considering claims which have been made by
other ordinary unsecured creditors of Mappin.  In addition, Mr.
Carmona has been considering the claims submitted by the Brazilian
tax authorities.  Those claims, if admitted, will have preferential
status.  At a minimum, these are worth R$350,000,000 (approximately
US$105,740,181).  

The total of the estimated debts of Mappin are, at a minimum,
therefore, approximately R$700,000,000 (approximately
US$211,480,000).  The value of the assets of Mappin collected by
the Trustees in Bankruptcy to date is approximately R$131,123,805
(approximately US$39,614,442).  As such, the total of the estimated
debts of the Debtors are, at a minimum, approximately R$380,000,000
(approximately US$114,803,625).  By contrast, the value of the
assets of the Debtors collected by the Trustees in Bankruptcy to
date is approximately R$131,123,805 (approximately US$39,614,442).

"The prospect of any further substantial recovery becoming
available to the Debtors' creditors is largely dependent upon
finding and retrieving valuable assets outside of Brazil that I
have the right to recover for the benefit of the Debtors' Estate
and their creditors," said Mr. Braga.

"To that end, the value I will be able to realize post-recognition
on behalf of the Debtors' creditors and Brazilian liquidation
estate is highly dependent upon preventing Mansur from transferring
assets in this District outside of the territorial jurisdiction of
the United States following notice of these proceedings," he
continued.

Accordingly, Mr. Braga is seeking pre- and post-recognition relief
entrusting him with the administration and realization of all
assets of the Debtors located in the United States and suspending
the right of Mansur or anyone else to transfer, encumber or
otherwise dispose of any such assets.

Mr. Braga is asking the Bankruptcy Court to recognize and enforce
the Brazilian Court's Veil Piercing Order, and confirm that all
assets within the territorial jurisdiction of the United States
that are owned by Mansur are "assets of the debtor" that can and
should be entrusted to Plaintiff for the benefit of the Debtors'
Brazilian liquidation estate.

A full-text copy of Afonso Henrique Alves Braga's declaration in
support of the petitions is available for free at:

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

                      About Mappin Lojas

The Mappin chain of department stores was founded in 1774 in
England.  On Nov. 29, 1913, two brothers, Walter and Herbert
Mappin, opened the first Mappin department store in Brazil.

In 1990, Mappin Lojas became incorporated in Brazil, with its
headquarters in Sao Paulo, Brazil, and began to operate the Mappin
chain of department stores.  The Mappin department stores quickly
became known as one of the most popular department store chains in
Brazil.

Mappin Telecomunicacoes is an affiliate of Mappin Lojas.  Mansur
indirectly owns Mappin Lojas and Mappin Telecomunicacoes through
Casa Anglo.

The Chapter 15 cases are pending in the U.S. Bankruptcy Court
Southern District of Florida before Judge Robert A Mark.

Kobre & Kim LLP serves as the petitioner's counsel.


MARK CAREY COMEAUX: Unsecureds To Recover 66.69% Under Plan
-----------------------------------------------------------
Mark Carey Comeaux and Lisa Dugas Comeaux filed with the U.S.
Bankruptcy Court for the Western District of Louisiana a second
amended plan and disclosure statement.

Class 6 General Unsecured Claims is impaired under the Plan.  The
Debtor proposes to pay $10,600 in five annual payments to General
Unsecured Claims.  No interest will be paid on Class 6 General
Unsecured Claims.  The first annual payment will be paid six months
from the entry of the confirmation court order with the remaining
four annual payments being paid on the same calendar date of each
respective subsequent year.  This will amount to payments of
$53,000 over the course of the Plan.  The payment proposed to
unsecured creditors amounts to a 66.69% distribution.  The claim
amount of any creditor that options to a Class 7 Creditor will
still be used in the disbursement calculation to the remaining
Class 6 creditors.  In other words, Class 6 creditors will only
receive a disbursement of 66.69% of their timely filed claims.

The Second Amended Plan is available at:

          http://bankrupt.com/misc/lawb15-20865-121.pdf

As reported by the Troubled Company Reporter on Aug. 8, 2016, the
Debtors filed a disclosure statement referring to the plan of
reorganization, which proposes that general unsecured creditors get
14% of their claims.  That plan proposed to pay $400 per quarter to
Class 6 general unsecured creditors.  This would amount to payments
of $8,000 over the course of the plan.   

                  About Mark and Lisa Comeaux

Mark Carey Comeaux and Lisa Dugas Comeaux sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. La. Case No.
15-20865) on Oct. 6, 2015.


MAXIMUM LIFT: Hires Oliveras as Accountant
------------------------------------------
Maximum Lift Parts of Puerto Rico, Inc., seeks authority from the
U.S. Bankruptcy Court for the District of Puerto Rico to employ
Manuel A. Guzman Oliveras as accountant to the Debtor.

Maximum Lift requires Oliveras to:

     a. prepare the monthly operating reports;

     b. prepare tax returns;

     c. prepare reports and analysis as required by the
        bankruptcy rules in order to offer adequate disclosures
        to creditors and attain confirmation of a Chapter 11 plan
        of reorganization.

Oliveras will be paid at the hourly rate of $90.

Oliveras will be paid a retainer in the amount of $5,000.

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

Manuel A. Guzman Oliveras 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.

Oliveras can be reached at:

     Manuel A. Guzman Oliveras
     PO Box 3205
     Manati, PR 00674-3205
     Tel: (787) 450-3064

                       About Maximum Lift

Maximum Lift Parts of Puerto Rico Inc. filed a Chapter 11
bankruptcy petition (Bankr. D. P.R. Case No. 15-09812) on Dec. 11,
2015, listing under $1 million in assets and liabilities.  The Hon.
Brian K Tester presides over the case.


MAYA RESTAURANTS: Hires Calaiaro Valencik as Counsel
----------------------------------------------------
Maya Restaurants, Inc., seeks authority from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Calaiaro
Valencik as counsel to the Debtors.

Maya Restaurants requires Calaiaro Valencik to:

   (a) prepare of the bankruptcy petition and attendance at the
       First meeting of creditors;

   (b) represent of the Debtor in relation to acceptance or
       rejection of executory contracts;

   (c) advise the Debtor with regard to its rights and
       obligations during the Chapter 11 reorganization;

   (d) advise the Debtor regarding possible preference actions;

   (e) represent of the Debtor in relation to any motions to
       convert or dismiss the Chapter 11;

   (f) represent of the Debtor in relation to any motions for
       relief from stay filed by creditors;

   (g) prepare of the Plan of Reorganization and Disclosure
       Statement;

   (h) prepare of any objection to claims in the Chapter 11; and

   (i) represent the Debtor in general.

Calaiaro Valencik will be paid at these hourly rates:

     Donald R. Calaiaro              $350
     David Z. Valencik               $300
     Staff Attorney                  $250
     Paralegal                       $100

Calaiaro Valencik will be paid a retainer in the amount of $2,100.

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

Donald R. Calaiaro, member of Calaiaro Valencik, 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.

Calaiaro Valencik can be reached at:

     Donald R. Calaiaro, Esq.
     CALAIARO VALENCIK
     428 Forbes Avenue, Suite 900
     Pittsburgh, PA 15219
     Tel: (412) 232-0930
     Fax: (412) 232-3858

                       About Maya Restaurants

Maya Restaurants, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Pa. Case No. 16-23901) on October 18, 2016, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Donald R. Calaiaro, at Calaiaro Valencik.



MBTI OF PUERTO RICO: U.S. Trustee Forms 3-Member Committee
----------------------------------------------------------
Guy Gebhardt, acting U.S. trustee for Region 21, on Nov. 21
appointed three creditors of MBTI of Puerto Rico Inc. to serve on
the official committee of unsecured creditors.

The committee members are:

     (1) Cooperativa de Ahorro y Credito de Barranquitas
         c/o Jose Angel Santini Bonilla, Esq.
         P.O. Box 552
         Aibonito, PR 00705
         Tel. (787) 202-9549 / (787) 735-0063
         Fax: (787) 735-2310
         Email: santilawoffice@yahoo.com

     (2) Servicios de Transportacion Juan Carlos, Inc.
         c/o Victor Gratacos Diaz, Esq.
         P.O. Box 7571
         Caguas, PR 00726
         Tel: (787) 746-4772
         Fax: (787) 746-3633
         Email address: bankruptcy@gratacoslaw.com

     (3) True Guard Security, Inc.
         c/o Roberto Fournier, President
         161 Ave. Ponce de Leon, Off 304
         San Juan, PR 00917
         Tel: (787) 367-0981
         Email: empresasfournier@gmail.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 MBTI of Puerto Rico

MBTI of Puerto Rico, Inc. sought protection under Chapter 11 of the
the Bankruptcy Code (Bankr. D.P.R. Case No. 16-08091) on Oct. 7,
2016.?? ?? The petition was signed by Barbara Alozo Vila,
president.  The case is assigned to Judge Edward A. Godoy.  At the
time of the filing, the Debtor disclosed $12.99 million in assets
and $16.07 million in liabilities.


MCNEILL GROUP: Hires Spadaccini as Special Counsel
--------------------------------------------------
McNeill Group, Inc., and McNeill Properties V, LLC seek permission
from the U.S. Bankruptcy Court for the Eastern District of
Pennsylvania to employ Spadaccini Law Firm, LLC as special
counsel.

Group is a publisher as well as a real estate company which owns
the real property located at 385 Oxford Valley Road, Yardley,
Pennsylvania.

The Debtors require Spadaccini to (i) draft and negotiate
commercial leases with respect to the Property and the Vacant
Space; and (ii) render services any other issues involving the
Property.

Spadaccini will be paid at these hourly rates:

      Partners                    $325
      Associates                  $225-$325
      Law Clerks                  $75-$100
      Legal Assistants            $75-$100
      Paralegals                  $75-$100

Dino Spadaccini, Esq., partner at The Spadaccini Law Firm, LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Spadaccini may be reached at:

      Dino Spadaccini, Esq.
      Spadaccini Law Firm, LLC
      98 Franklin Corner Road
      Lawrenceville, NJ 08648
      Phone: 609.912.0100
      Fax: 609.912.0400

                     About McNeill Group

Publisher McNeill Group, Inc. and McNeill Properties V, LLC filed
chapter 11 petitions (Bankr. E.D. Pa. Lead Case No. 16-14943 and
16-14944) on July 12, 2016. The petitions were signed by Edward J.
McNeill, Jr., president.  The Debtors are represented by Albert A.
Ciardi, III, Esq., at Ciardi Ciardi & Astin, P.C.????The cases are
assigned to Judge Jean FitzSimon (16-14943) and Judge Ashely M.
Chan (16-14944).  The Debtors each estimated assets and liabilities
of $10 million to $50 million at the time of the filing.  No
official committee of unsecured creditors has been appointed in the
case.


MHM HOLDINGS: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: MHM Holdings, LLC
        630 Shephard
        Cincinnati, OH 45215
Case No.: 16-14345

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: November 21, 2016

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

Judge: Hon. Beth A. Buchanan

Debtor's Counsel: William B Fecher, Esq.
                  3700 Carew Tower
                  441 Vine Street
                  Cincinnati, OH 45202
                  Tel: (513) 621-2666
                  Fax: 513-345-1756
                  E-mail: wbfecher@statmanharris.com

                     - and -

                  Alan J. Statman, Esq.
                  STATMAN, HARRIS & EYRICH, LLC
                  441 Vine Street, Suite 3700
                  Cincinnati, OH 45202
                  Tel: 513-621-2666
                  E-mail: ajstatman@statmanharris.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Michael A. Story, manager.

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


MICHAEL ZELLERS: Hearing For Plan Outline Approval on Nov. 30
-------------------------------------------------------------
Michael Zellers has filed with the U.S. Bankruptcy Court for the
Central District of California a motion seeking court approval of
his first amended disclosure statement referring to his proposed
plan to exit Chapter 11 protection.

A hearing forte Court to consider the Debtor's request is scheduled
for Nov. 30, 2016, at 2:00 p.m.

Following certain continuances and a court-approved mediation with
certain parties, the Debtor has prepared his First Amended
Disclosure Statement and First Amended Plan of Reorganization,
which Debtor filed on Nov. 9, 2016.  Per the Court's order entered
Oct. 21, 2016, the amended statement was timely filed.  Any
opposition is due by Nov. 21, 2016, and any reply by Nov. 23,
2016.

The Debtor estimates that his cash on hand (estimated approximately
$20,000), ongoing employment income, and the anticipated release of
sale proceeds funds (estimated approximately $311,373.48), he will
have sufficient cash on hand on the Effective Date.

                        About Michael Zellers

Michael C. Zellers sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 15-10290) on January 8,
2015.  Leslie A. Cohen, Esq., J'aime K. Williams, Esq., and Brian
A. Link, Esq., at Leslie Cohen Law, PC, serve as the Debtor's
bankruptcy counsel.


MONTREIGN OPERATING: Moody's Assigns B3 CFR & Rates $375MM Loan B2
------------------------------------------------------------------
Moody's Investors Service assigned ratings to Montreign Operating
Co., LLC, including a B3 Corporate Family Rating and a B3-PD
Probability of Default Rating.  Concurrently, Moody's assigned a B2
rating to the company's proposed $375 million senior secured first
lien term loan due 2022.  The rating outlook is stable.  All
ratings are subject to final review of documentation.

Proceeds from the $375 million first lien term loan along with a
$57 million second lien PIK note (unrated), $70 million of vendor
financing (unrated) and $301 million of cash equity invested to
date will be used to finish the construction of the $684 million
Montreign Resort Casino which is scheduled to open in March 2018.

Montreign Resort Casino is a full scale casino located in the Town
of Thompson, in Sullivan County, New York, that will be part of
Adelaar, a $1.3 billion lodging, entertainment, and waterpark
development.  The casino will have 102 table games and 2,150 slot
machines along with a 332 room hotel and convention and meeting
space facility.

Ratings assigned:

  Corporate Family Rating at B3
  Probability of Default Rating at B3-PD
  $375 million 6-year senior secured first lien term loan at B2
   (LGD3)

                         RATINGS RATIONALE

Montreign's B3 Corporate Family Rating -- a rating typically
assigned to ground up casino resort development projects --
considers that a significant amount of casino supply already exists
within a 200 mile radius of where Montreign will be located.
Montreign will be competing for customers with other large,
established competitors in New York, Pennsylvania and Connecticut.
The success of Montreign's casino relies on not only growing the
gaming market in New York, but attracting players from the existing
competitors.

The ratings are supported by the high level of sponsor equity which
at about 36% of development costs is higher than recently rated
projects.  Moody's expects debt/EBITDA after the first year of
operations will be relatively high at between 5.0 times and 5.5
times, but is expected to gradually decrease to at or near 5.0
times as debt is repaid in subsequent years.  Also supporting the
rating is that almost half of the construction has been completed.
Additionally, Montreign will have a favorable tax rate compared to
nearby competitors.  Montreign will be required to pay a 39% tax
rate on slot revenue compared to 55% for Pennsylvania casinos and
60% to 75% for the New York racinos.

The stable rating outlook is based on Moody's expectation that
Montreign will have sufficient funds to complete construction,
including an additional interest reserve that extends six months
beyond the construction period and the appropriate level of
contingency reserves typically provided for this type of
development project.

A ratings upgrade is not expected during the construction period.
However, Montreign's ratings could be upgraded shortly after it
opens if early results suggest it will achieve and maintain an
annual run-rate debt/EBITDA at/or below 5.0 times.  Ratings could
be downgraded if the ramp-up performance of Montreign is slower
than expected and results in debt/EBITDA above 6.0 times, for any
reason.

Montreign Operating Company, LLC -- an unrestricted subsidiary of
Empire Resorts Incorporated (NASDAQ: NYNY) -- is developing a $684
million casino -- Montreign Resort Casino -- in the Town of
Thompson, in Sullivan County, New York.

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



MONTREIGN OPERATING: S&P Rates $375MM 1st-Lien Term Loan 'B-'
-------------------------------------------------------------
S&P Global Ratings assigned Thompson, N.Y.-based gaming operator
Montreign Operating Co. LLC's proposed $375 million first-lien term
loan due 2022 S&P's 'B-' issue-level rating and a recovery rating
of '3', indicating its expectation for meaningful (50% to 70%;
upper half of the range) recovery for lenders in the event of a
payment default.

The company will use proceeds from the proposed term loan, along
with $301 million in equity contributions from the parent company,
N.Y.-based Empire Resorts Inc. (unrated), an expected $57 million
capital contribution from its majority owner, and a $70 million
vendor financing facility to fund the development and construction
of the Montreign Resort Casino, establish an interest reserve to
fund debt service through the construction period and the first
four months after the casino opens, and fund transaction fees and
expenses.  Although the terms have yet to be finalized, the
additional $57 million capital contribution could either be in the
form of equity or debt.  If, once the terms of the capital
contribution are finalized and S&P believes the contribution is
more debt-like in nature, it will treat it as debt in S&P's
analysis and include it in credit measures.  S&P notes that in the
originally proposed financing structure earlier this year, this
piece of capital was proposed to be a second-lien pay-in-kind (PIK)
loan.

"Our 'B-' corporate credit rating and stable outlook on Montreign
are unchanged.  Although there is a modestly lower amount of debt
in the proposed financing transaction relative to our previous
analysis, the rating reflects the vulnerability of a new gaming
project to uncertain demand and the difficulties the company could
face in managing initial costs.  These factors could lead to poor
profitability during the first several months of operations and
difficulties ramping up cash flow quickly enough to satisfy fixed
charges.  We believe the Montreign project could face challenges in
attracting the right type of customers to the property to support
its ramp up given the focus on higher-end casino customers from the
Northern New Jersey and greater New York City metro areas, in
particular table game customers.  We believe the company will need
to invest significant marketing dollars to build out its database
of high-end customers in a market with established competitors that
already target similar customers.  Furthermore, the company is
opening a new gaming project during a time of the year when there
is the potential for significant disruption from severe weather
conditions, and there will still be construction ongoing at the
hotel and surrounding Adelaar development, which could disrupt
traffic and visitation to the resort casino during the first
several months after it opens," S&P noted.

S&P's base-case forecast anticipates that net revenue will be in
the low-$300 million area in the first full year of operations (S&P
expects the casino will open in early 2018) before ramping up to
the low- to mid-$300 million area by the second full year of
operations and gradually increasing thereafter, in line with U.S.
GDP and consumer spending growth.  S&P's forecast for EBITDA
margins remains in the mid- to high-20% area in the first two years
of operations.  Incorporating the terms of the transaction, S&P
expects EBITDA coverage of total interest will be around 2x in the
first full year of operations and improve modestly in the second
year of operations.  EBITDA coverage of interest if the $57 million
capital contribution were included as debt would be modestly weaker
in the high-1x area in the first year and around 2x in the second
year. Lease-adjusted debt to EBITDA will likely be in the mid- to
high-4x area in the first year of operations and improve to the
high-3x area by the second year.  Incorporating the $57 million
sponsor contribution as debt, lease-adjusted debt to EBITDA would
be in the low to mid-5x in year 1 and mid-4x in year 2.  The
expected improvement in credit measures under both scenarios
reflects the growth in EBITDA as the property ramps up operations
and scheduled debt repayments, including excess cash sweep payments
under the proposed credit agreement.

"We do not believe that the form of the capital contribution,
whether it be equity or debt-like in nature, would result in a
change to our 'B-' corporate credit rating or stable outlook.  We
are unlikely to consider higher ratings until the casino opens and
we can observe its operating performance.  We could raise the
rating one notch if the casino opens successfully in 2018 and
generates enough cash flow to service the proposed capital
structure and facilitate deleveraging such that debt to EBITDA
tracks below 5x and EBITDA coverage of interest above 2x. In the
event the casino's operating results upon opening are weaker than
we expect, we could lower the rating if we believed the company was
likely to experience a liquidity shortfall," S&P said.

                         RECOVERY ANALYSIS

Key analytical factors

   -- S&P assigned a 'B-' issue-level and '3' recovery rating to
      Montreign's senior secured first-lien term loan facility.  
      S&P also assumes that Montreign will enter into a
      $15 million revolving credit facility that will be fully
      drawn at the time of default in addition to a $70 million
      vendor financing that is currently unrated.  S&P's simulated

      default scenario contemplates a payment default in 2019
      reflecting lower-than-expected revenues and cash flow as a
      result of the inability to generate sufficient customer
      traffic and increased competitive pressures from other
      casinos in the region (Pennsylvania, New Jersey, and
      Connecticut).  S&P assumes a reorganization following the
      default, using an emergence EBITDA multiple of 5.5x to value

      the company.

Simulated default assumptions:
   -- Year of default: 2019
   -- EBITDA at emergence: $61 million
   -- EBITDA multiple: 5.5x

Simplified waterfall:
   -- Net enterprise value (after 5% administrative costs):
      $320 million
   -- Priority claims (furniture, fixtures, and equipment
      facility): $57 million
   -- Secured debt (first-lien term loan and revolver):
      $410 million
   -- Recovery expectation: 50% to 70% (upper half of the range)

Note: all debt amounts include six months of prepetition interest.

RATINGS LIST

Montreign Operating Co. LLC
Corporate Credit Rating              B-/Stable/--

New Rating

Montreign Operating Co. LLC
$375 mil. first-lien term loan due 2022
Senior Secured                       B-
  Recovery Rating                     3H



NEVADA GAMING: Hires Maxim Hotel as Real Estate Broker
------------------------------------------------------
Nevada Gaming Partners, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Nevada to employ Maxim Hotel
Brokerage, Inc. as real estate broker to the Debtor.

Nevada Gaming requires Maxim Hotel to render all necessary real
estate listing, marketing and sales services and undertake all
efforts necessary to procure a buyer for the Debtor's property
located at Klondike Sunset Casino, 444 W Sunset Road, Henderson, NV
89011.

Maxim Hotel will be paid 3% commission of the gross sales price of
the property.

Bruce I. Familian, member of Maxim Hotel Brokerage, Inc., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Maxim Hotel can be reached at:

     Bruce I. Familian
     MAXIM HOTEL BROKERAGE, INC.
     1303 Avocado Avenue, Suite 225
     Newport Beach, CA 92660
     Tel: (949) 759-1155

                     About Nevada Gaming Partners

Nevada Gaming Partners, LLC filed a Chapter 11 bankruptcy petition
(Bankr. D. Nev. Case No. 16-15521) on October 12, 2016. The Hon
Laurel E. Davis presides over the case. In its petition, the Debtor
estimated $1 million to $10 million in both assets and liabilities.
The petition was signed by Bruce Familian, manager.

Headquartered in Las Vegas, Nevada, Nevada Gaming Partners, LLC, is
a gaming company that focuses on slot route operations, casino
operations and refurbishment of slot machines. The Company operated
429 slot machines throughout the State of Nevada via its Slot
Routes as of the bankruptcy filing date. The Company is doing
business as Nevada Gaming Partners Management II, LLC, Nevada
Gaming Centers, Nevada Gaming Partners Management II, Sarah's
Kitchen, Nevada Gaming Partners, Evolve Gaming Management and
Klondike Sunset Casino.

The Debtor employed the law firms of Fox Rothschild LLP, The Bach
Law Firm, LLC, and Moran Brandon Bendavid Moran.  Henry & Horne,
LLP serves as financial advisors.


NEVADA GAMING: Wants $374K DIP Loan from NGC Stephanie Property
---------------------------------------------------------------
Nevada Gaming Partners, LLC, asks the U.S. Bankruptcy Court for the
District of Nevada for authorization to obtain postpetition
financing from NGP Stephanie Property, LLC.

The Debtor relates that its ability to obtain the post-petition
financing is critical to its ability to continue as a going concern
during the course of its chapter 11 bankruptcy case.

The proceeds of the postpetition financing will be used to fund:

     (1) payments to critical vendors;

     (2) costs of administering the Debtor's estate, including the
fees assessed by the Office of the U.S. Trustee, the fees of the
Clerk of Court, and allowed fees and expenses of professionals of
the estate;

     (3) costs and expenses for an anticipated section 363 sale of
some or all of the Debtor's businesses; and

     (4) other operating expenses, to the extent that the Debtor's
use of cash collateral is not adequate to fund payment for any or
all of the same.

The proposed DIP Financing has, among others, the following
relevant terms:

     (1) Nature and Amount of Financing: Lender will lend to the
Debtor up to $374,000 cash on a secured, super administrative
priority basis.

     (2) Borrowing Limits:  Borrowings under the Post-Petition
Financing cannon exceed:

          (a) on and after the entry of the Interim DIP Order, and
prior to the date of entry of the Final DIP Order, the sum of
$150,000; and

          (b) on and after the date of entry of the Final DIP
Order, the aggregate sum of $374,000.

     (3) Interest Rate: Interest accrues at a fixed rate of 10% per
annum.  In the event an Event of Default has occurred and is
continuing, the interest will be at 10% per annum plus 5% from the
date the occurrence of the Event of Default until the date the
Event of Default is cured or waived.

     (4) Maturity Date: Earlier of Dec. 31, 2017 or Effective Date
of a confirmed Reorganization Plan.

     (5) Liens:  Upon the date of entry of each Post-Petition
Financing Order, the Obligations of the Borrower under the Loan
Documents will be secured by a first priority Lien on all
unencumbered assets and property of the Borrower and a junior Lien
on all assets and property of the Borrower that are encumbered by
Liens as of the date of each of the Post-Petition Financing
Orders.

NGP Stephanie Property is an entity related to the Debtor by common
ownership and management.  It is also the Debtor's landlord.

The Debtor contends that NGP Stephanie Property's claims under the
Credit Agreement and any order approving the Debtor's Motion will
constitute a superpriority administrative expense, and will have
priority over administration expenses, subject to Carve-Out, and
any superpriority claim provided to the Prepetition Lender Bank of
Nevada and Western Alliance Bank, under any Cash Collateral Order.

A full-text copy of the Debtor's Motion, dated Nov. 18, 2016, is
available at
http://bankrupt.com/misc/NevadaGaming2016_1615521led_165.pdf

                About Nevada Gaming Partners

Nevada Gaming Partners, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Nev. Case No. 16-15521) on Oct. 12, 2016.  The petition
was signed by Bruce Familian, manager.  The Debtor is represented
by Brett A. Axelrod, Esq., and Micaela Rustia Moore, Esq., at Fox
Rothschild LLP.  Judge Laurel E. Davis presides over the case.  The
Debtor estimated $1 million to $10 million in both assets and
liabilities.

Headquartered in Las Vegas, Nevada, Nevada Gaming Partners, LLC, is
a gaming company that focuses on slot route operations, casino
operations and refurbishment of slot machines.  The Company
operated 429 slot machines throughout the State of Nevada via its
Slot Routes as of the bankruptcy filing date.  The Company is doing
business as Nevada Gaming Partners Management II, LLC, Nevada
Gaming Centers, Nevada Gaming Partners Management II, Sarah's
Kitchen, Nevada Gaming Partners, Evolve Gaming Management and
Klondike Sunset Casino.


NEW YORK CRANE: Disclosure Statement Hearing Set for Nov. 28
------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York is
set to hold a hearing on Nov. 28, at 2:00 p.m., to consider
approval of the disclosure statement, which explains the Chapter 11
plan of reorganization proposed by New York Crane & Equipment Corp.
and its affiliated debtors.

The hearing will take place at Conrad B. Duberstein Courthouse,
Room 3529, 271-C Cadman Plaza East, Brooklyn, New York.  Objections
must be filed no later than seven days prior to the hearing.

The Debtors on Nov. 4 filed a restructuring plan that proposes to
pay holders of Class 2 general unsecured claims a cash dividend
equal to 100% of their allowed claims on the effective date of the
plan.

Class 2 consists of claims held by the Debtors' regular vendors and
service providers.  These claims are scheduled in the total amount
of $275,000.

The plan will be internally funded by the Debtors utilizing all
sources of revenue and assets (including cash, liquidation of
operating equipment, sale of personal and real property,
liquidation of bank and financial accounts, and collection of
accounts receivable) as necessary, even to the point of the sale of
significant assets by James Lomma, president of New York Crane,
according to the disclosure statement.

A copy of the disclosure statement is available for free at
https://is.gd/DS8JK1

                      About New York Crane

New York Crane & Equipment Corp., J.F. Lomma, Inc. (De.), J.F.
Lomma, Inc. (N.J.), and James F. Lomma filed Chapter 11 bankruptcy
petitions (Bankr. E.D.N.Y. Case Nos. 16-40043, 16-40044, 16-40045
and 16-40048, respectively.  The petitions were signed by James F.
Lomma as president.  New York Crane & Equipment disclosed total
assets of $9.8 million and total debts of $22.05 million.  Goldberg
Weprin Finkel Goldstein LLP serves as the Debtors' counsel.  Judge
Carla E. Craig presides over the cases.

The corporate Debtors operate crane, trucking and rigging companies
doing business in New York City and other parts of the country.
James Lomma is the president and sole shareholder of the corporate
Debtors.

On January 8, 2016, an order was entered providing for the joint
administration of these related Chapter 11 cases.

An official committee of unsecured creditors has been appointed,
and has tapped Togut, Segal & Segal LLP as its counsel.


NEW YORK CRANE: Nov. 28 Hearing for Ch. 11 Trustee Appointment Set
------------------------------------------------------------------
The United States Bankruptcy Court for the Eastern District of New
York will conduct a hearing on November 28, 2016, on the motion of
the Creditor, Bernadette Panzella, P.C., for an Order directing the
appointment of a Chapter 11 Trustee for New York Crane & Equipment
Corp.

The hearing will be conducted before Honorable Carla E. Craig,
Chief United States Bankruptcy Judge at the United States Court for
the Eastern District of New York.

The Creditor noted that cause exists for the appointment of a
Chapter 11 Trustee due to the Debtor's fraud, dishonesty,
incompetence, or gross mismanagement of the affairs of the Debtor
by the current management, either before or after the commencement
of the case.  The Creditor further noted that the appointment of a
Chapter 11 Trustee would preserve the estate assets of the Debtor,
for the benefit of the Creditors.

The Creditor can be reached at:

         Bernadette Panzella, Esq.
         BERNADETTE PANZELLA, P.C.
         Amercian Felt Building
         114 East 13th Street, Studio 5A
         New York, NY 10003
         Tel.: 212-995-5353
         Email: BernadettePanzellaPC@yahoo.com

                 About New York Crane

New York Crane & Equipment Corp., J.F. Lomma, Inc. (De.), J.F.
Lomma, Inc. (N.J.), and James F. Lomma filed Chapter 11 bankruptcy
petitions (Bankr. E.D.N.Y. Case Nos. 16-40043, 16-40044, 16-40045
and 16-40048, respectively. The petitions were signed by James F.
Lomma as president.  New York Crane & Equipment disclosed total
assets of $9.8 million and total debts of $22.05 million. Goldberg
Weprin Finkel Goldstein LLP serves as the Debtors' counsel. Judge
Carla E. Craig presides over the cases.

The corporate Debtors operate crane, trucking and rigging companies
doing business in New York City and other parts of the country.
James Lomma is the president and sole shareholder of the corporate
Debtors.

On January 8, 2016, an Order was entered providing for the joint
administration of these related Chapter 11 cases.

An Official Committee of Unsecured Creditors has been appointed,
and has tapped Togut, Segal & Segal LLP as its counsel.


NEXTSTEP DEVELOPMENT: Hires Marcus & Millichap as Broker
--------------------------------------------------------
Nextstep Development, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ Marcus
& Millichap as real estate broker to the Debtor.

Nextstep Development requires Marcus to:

   a. market the Debtor's real property for sale known as Econo
      Lodge Downtown South, 606 Division Avenue, San Antonio, TX
      78214;

   b. show the property to potential purchasers;

   c. assist in the closing of the sale of the real property; and

   d. assist the Debtor's bankruptcy counsel in matters relevant
      to the sale of the real property.

Marcus will be paid 3% commission of the sales price.

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

Allan Miller, member of Marcus & Millichap, 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.

Marcus can be reached at:

     Allan Miller
     Marcus & Millichap
     5001 Spring Valley Road, Suite 100 W
     Dallas, TX 75244
     Tel: (972) 755-5200

                     About Nextstep Development

Nextstep Development, Inc., doing business as Quality Inn Downtown
South dba Econo Lodge Downtown South, filed a chapter 11 petition
(Bankr. W.D. Tex. Case No. 16-52019) on Sept. 6, 2016. The petition
was signed by Niraj Patel, director. The Debtor is represented by
William B. Kingman, Esq., at the Law Offices of William B. Kingman,
PC. The case is assigned to Judge Craig A. Gargotta. The Debtor
estimated assets and liabilities at $1 million to $10 million at
the time of the filing.

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



NXT CAPITAL: Moody's Assigns B1 Rating on $300MM Sr. Sec. Loan
--------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to NXT Capital,
Inc.'s $300 million senior secured Term Loan 'B' and $50 million
secured revolving credit facility.  The outlook for NXT's ratings
remain positive.

                         RATINGS RATIONALE

The B1 rating assigned to NXT's senior secured Term Loan B and
revolving credit facility reflects the facilities' priority in the
company's capital structure, as well as the coverage provided by a
pledge of holding company assets including stock in subsidiaries.
The facilities are guaranteed by certain subsidiaries and governed
by covenants including a maximum ratio of 4.5x debt to equity.
Proceeds of the Term Loan B, which has a six-year tenor, will be
used to refinance NXT's existing Term Loan B that has a maturity of
September 2018.

NXT's B1 corporate family rating reflects its modest but
strengthening franchise positioning in US middle market and
commercial real estate lending, experienced management, solid asset
quality and profitability, strong capital position and multiple
long-term funding sources.  Credit concerns include NXT's reliance
on secured funding, modest alternate liquidity and competitive
disadvantages versus more established finance companies and
regional banks in the broader SME and CRE sectors.

The rating outlook is positive, which reflects Moody's expectation
that NXT will continue to strengthen its franchise and generate
solid profitability and asset quality, while maintaining strong
capital buffers.

Moody's could upgrade NXT's ratings if the company maintains or
improves profitability trends, continues to demonstrate strong
asset quality performance, maintains a ratio of tangible common
equity to tangible managed assets above 20%, and if it further
diversifies funding and improves alternate liquidity.  Moody's
could downgrade the ratings if NXT's asset quality and
profitability deteriorate unexpectedly, leverage increases
significantly above expectations, or growth significantly
accelerates.

NXT, with total assets of $3.8 billion at Sept. 30, 2016, is a
provider of financing to US middle market companies as well as
commercial real estate investors.

The principal methodology used in this rating was "Finance
Companies" published in October 2015.



NXT CAPITAL: S&P Retains BB- Rating on Upsize of Sr. Sec. Loan
--------------------------------------------------------------
NXT Capital Inc.'s existing issuer credit rating of BB- is
unaffected by the company's decision to refinance and upsize its
senior secured term loan B.  Under the new credit agreement, NXT
Capital Inc. is issuing a new $300 million senior secured term loan
B and will also have access to $50 million revolving credit
facility, which is expected to be undrawn at close.  The proceeds
from new issuance will be primarily used to retire the outstanding
balance of $254 million on its existing term loan B.  The new term
loan B will amortize at 1% per annum and has a financial covenant
of maximum leverage ratio of 4.50x, which will be tested on a
quarterly basis.  Additionally, the revolving credit facility
includes a minimum unencumbered asset coverage ratio of 1.0x, which
is tested on a monthly basis.  All of the company's unencumbered
assets, which mostly consist of its equity in funding facilities,
secure the loan.  While certain funding facilities are
collateralized by commercial real estate and guaranteed by NXT
Capital Inc. and NXT Capital LLC, S&P do not treat the related
repurchase agreements as priority debt relative to the term loan B
because holders of the term loan B have first priority on the
company's unencumbered assets.

The stable outlook incorporates S&P's expectations that over the
next 12 months, NXT Capital Inc. will maintain its leverage,
measured as debt-to-adjusted total equity (ATE) between 3.0x-3.75x.


RATINGS LIST

NXT Capital Inc.
Issuer credit rating                              BB-/Stable/--

New Rating

NXT Capital Inc.
$300 mil Senior Secured Term Loan B due 2022     BB-



OCWEN FINANCIAL: Moody's Assigns B2 Rating on New Sr. Sec. Loan
---------------------------------------------------------------
Moody's Investors Service assigned a B2 Senior Secured Bank Credit
Facility rating to Ocwen's proposed new senior secured term loan.
Ocwen's other ratings include a B3 Corporate Family Rating, a B2
rating on its existing Senior Secured Bank Credit Facility, a Caa1
rating on its existing Senior Unsecured Notes and a Caa1 rating on
Ocwen's proposed Senior Secured Notes.  The outlook is negative.

Issuer: Ocwen Financial Corporation
  Senior Secured Bank Credit Facility, Assigned B2

Rating Rationale

On Nov. 16, 2016, Ocwen announced that it was refinancing its
existing senior secured term loan, with the new term loan extending
the maturity by approximately 3 years, a positive for the company.
Previously, Ocwen announced an exchange offer for its senior
unsecured notes, with the new notes extending the maturity by 3
years and receiving a second lien in the company's assets securing
its senior secured term loan.

The ratings reflect the company's very weak profitability, largely
due to impact of high legal, regulatory, and servicing expenses.
The company had net income of $9.5 million in the third quarter of
2016, its first profitable quarter since the second quarter of
2015.  Moody's believes that the third quarter's profitability is
not yet sustainable, and expect losses to continue into 2017 due to
the expiration of HAMP, as well as Moody's expectation that
servicing as well as legal and monitoring costs will remain
elevated, though these costs were notably reduced in the third
quarter of 2016.  The company has lost $915 million over the last
two years.  As a result, its capital levels have significantly
fallen with tangible common equity (TCE) to tangible assets of 8.7%
as of Sept. 30, 2016, down from 12.6% as of Dec. 31, 2014.

Ocwen's financial profile is also challenged by limited
opportunities available in its core market, credit impaired
residential mortgage servicing.  The company is currently unable to
acquire new mortgage servicing as part of its agreements with the
New York Department of Financial Services and California Department
of Business Oversight.  In addition, the market for new transfers
of credit impaired servicing is much smaller as delinquencies
continue to rapidly decline.  As a result, the company seeks to
significantly grow its mortgage origination business as well as
expand into other lending businesses such as the recent entry into
dealer floor plan financing for independent auto dealers.
Diversifying into markets outside of the company's expertise
presents risks to the company's financial profile.

The B2 ratings of the senior secured term loan, and the Caa1
ratings of the company's senior notes, reflect Moody's notching
analysis which incorporates their priority of claim, strength of
asset coverage as well as size with respect to one another.

The negative outlook reflects our expectation that losses will
continue into the first half of 2017 as servicing as well as legal
and monitoring costs are expected to remain elevated.  The
company's capital levels will continue to decline until the company
is able to curtail losses which will not occur until legal and
regulatory expenses decline significantly.

Given the negative outlook, an upgrade is unlikely at this time.
The ratings could be upgraded in the event 1) the net income to
total assets is expected to remain above 1% and 2) TCE to tangible
assets rises above and is expected to remain above 10.0%.

Ocwen's ratings could be downgraded in the event 1) the company
reports or is expected to report sizeable losses in excess of $100
million for 2017, 2) TCE to tangible assets falls or is expected to
fall below 5.0%, 3) there is a combination of increasing leverage
and continued losses -- such that TCE to TMA falls below 6% while
the company has not yet regained consistent profitability, 4) the
company is subject to additional regulatory action resulting in
material fines, 5) the company is terminated as servicer or as
subservicer on a large percentage of loans it services, or 6) the
company materially accelerates its expansion into new business
ventures such as its recent entry into the automobile floor plan
lending market.

The principal methodology used in this rating was "Finance
Companies" published in October 2015.


PARAGON OFFSHORE: Court Enters Written Confirmation Denial Order
----------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order denying confirmation of Paragon Offshore's Amended Joint
Chapter 11 Plan.  The Court asserts, "As set forth in the Court's
oral ruling on October 28, 2016, the question before the Court is
simple is the Debtors' plan feasible?  It is not.  Based upon the
evidence before the Court, the Debtors' business plan, even under
its Downside Sensitivity analysis, is based upon unrealistic
assumptions as to rig utilization and day rates and, thus, is not
reasonable. Under the Debtors' proposed Modified Plan, the Debtors
will either run out of cash altogether or, at best, breach their
financial covenants under the reorganized debt - even though those
covenants are lower than under the Original Plan.  In addition, the
Debtors have failed to establish that they will be able to
refinance their debt when they meet their maturity wall in 2021.
That is not to say the Debtors cannot reorganize. Indeed, the
Debtors can and should be able to do so.  It is also not to say
that the Term Lenders' debt cannot be reinstated.  It may, provided
the Debtors can establish that the debt can be paid or refinanced
at maturity, which is less than clear even if the Modified Plan is
otherwise feasible.  The main problem is that the Modified Plan,
which is an improvement over the initial plan, still siphons $450
million in cash out of the estate, which is at least $150 to $200
million too much. That cash is needed for the Reorganized Debtors
to be able to survive the challenging business environment of
off-shore oil and gas production over the next several years and to
be reasonably able to refinance their debt in 2021.  At the end of
the day, these cases are all about liquidity.  The Debtors'
Modified Plan robs the businesses of too much cash and does not
preserve sufficient liquidity to meet the challenges of the next
several years.  These businesses can and should reorganize and
recover but not under the Modified Plan."

                     About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a  
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy petitions
(Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb. 14, 2016,
after reaching a deal with lenders on a reorganization plan that
would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.


PARAGON OFFSHORE: Stilley Out, Taylor In as CEO
-----------------------------------------------
Paragon Offshore plc disclosed in a regulatory filing that
effective Nov. 9, 2016, Randall D. Stilley was no longer serving as
President and Chief Executive Officer of Paragon Offshore plc.  In
addition, effective Nov. 9, 2016, Mr. Stilley was no longer a
member of the Board.

On Nov. 9, 2016, the board of directors of the Company appointed
Dean E. Taylor to serve as interim President and Chief Executive
Officer. Mr. Taylor, age 67, has served as a member of the Board
and as the chairperson of the Board's Nominating and Corporate
Governance Committee since the Company's founding in 2014.

He previously served in a variety of roles at Tidewater Inc. from
1978 through 2012, including Chief Executive Officer and Chairman
of the Board.  Tidewater, Inc., is a global provider of offshore
service vessels to the energy industry.

Mr. Taylor also serves on the board of directors of the American
Bureau of Shipping and has previously served on the boards of
Trican Well Service Ltd. and Whitney Holding Corporation.  While
serving as interim President and Chief Executive Officer, Mr.
Taylor will remain on the Board but concurrently with his
appointment as such, he resigned from his position on the Board's
Nominating and Corporate Governance Committee and the Board's
Compensation Committee.

In connection with Mr. Taylor's appointment as interim President
and Chief Executive Officer of the Company, as of Nov. 9, 2016,
Paragon Offshore Services LLC -- a subsidiary of the Company who is
not a debtor in the Company's previously announced chapter 11 cases
-- and Mr. Taylor entered into an Employment Letter that, among
other things, provides that Mr. Taylor will be paid a base salary
of $800,000 per annum for his services and a one-time success bonus
of $800,000 if Mr. Taylor is employed on the date of a Triggering
Event.

A "Triggering Event" will occur upon the earlier of (a) the
"effective date" of a plan of reorganization under chapter 11 of
title 11 of the United States Code (the "Bankruptcy Code") that is
confirmed with respect to the Company; (b) the closing date of a
sale of all or substantially all of the assets of the Paragon
Debtors (as defined below), or a majority of the outstanding stock
of the Company, in each case in one or more transactions under
Section 363 of the Bankruptcy Code; or (c) conversion of the
chapter 11 cases of any of the Paragon Debtors holding all or
substantially all of the assets of the Company and its affiliates
to a bankruptcy case under chapter 7 of the Bankruptcy Code.  The
"Paragon Debtors" are the Company and its affiliates that filed for
bankruptcy protection under chapter 11 of the Bankruptcy Code,
whose bankruptcy cases are currently pending in the United States
Bankruptcy Court for the District of Delaware and jointly
administered in Case No. 16-10386.

If Mr. Taylor is terminated without Cause (as defined in the
Employment Letter) (x) prior to Feb. 9, 2017 and a Triggering Event
occurs within three months of such termination or (y) on or after
February 9, 2017 and a Triggering Event occurs within six months of
such termination, he will be entitled to the Success Bonus
notwithstanding such termination provided that he executes and does
not revoke a general release in a form provided by Paragon Offshore
Services LLC.  There are no other arrangements or understandings
between Mr. Taylor and any other persons pursuant to which he was
selected as interim President and Chief Executive Officer other
than the Employment Letter. There are no family relationships
between Mr. Taylor and any director or executive officer of the
Company.

The Company's letter agreement with Mr. Taylor is available at
https://goo.gl/scydms

                 Manz Out, Ahlstrom In as CFO

Paragon Offshore plc disclosed in a regulatory filing that
effective Nov. 9, 2016, Steven A. Manz was no longer serving as
Chief Financial Officer of the Company.

The board of directors of the Company on Nov. 9, 2016, appointed
Lee M. Ahlstrom to serve as interim Chief Financial Officer.

Mr. Ahlstrom, aged 48, has served as Senior Vice President of
Investor Relations, Strategy and Planning of the Company since its
founding in 2014.  Mr. Ahlstrom has more than 20 years of
experience in the oil and gas industry.

Prior to his role at the Company, he served as Senior Vice
President - Strategic Development and Vice President of Investor
Relations and Planning of Noble Corporation. Prior to joining
Noble, Mr. Ahlstrom held various management positions at UNOCAL
Corporation and was an Engagement Manager with McKinsey & Company.
Mr. Ahlstrom began his career with Exxon, where he held a variety
of surface and subsurface engineering positions.  Mr. Ahlstrom
serves on the board of directors for the National Investor
Relations Institute (NIRI) and holds NIRI's Investor Relations
Charter (IRC(TM)) credential.

There are no other arrangements or understandings between Mr.
Ahlstrom and any other persons pursuant to which he was selected as
interim Chief Financial Officer.  There are no family relationships
between Mr. Ahlstrom and any director or executive officer of the
Company.

                    About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a    
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy
Petitions (Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb.
14, 2016, after reaching a deal with lenders on a reorganization
plan that would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.


PATRIOT METALS: Hires Tate as Special Counsel
---------------------------------------------
Patriot Metals, Inc., seeks authority from the U.S. Bankruptcy
Court for the Middle District of Florida to employ Suzy Tate, PA as
special counsel to the Debtor.

Patriot Metals requires Tate to advise the Debtor as to any and all
issues in connection with Joseph N. Perlman, and to represent the
Debtor in the event litigation arises with Perlman.

Tate will be paid at the hourly rate of $250-$300.

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

Suzy Tate, member of Suzy Tate, 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.

Tate can be reached at:

     Suzy Tate, Esq.
     14502 N. Dale Mabry Hwy., Suite 200
     Tampa, FL 33618
     Tel: (813) 264-1685
     Fax: (813) 264-1690
     E-mail: cbrouss@suzytate.com

                     About Patriot Metals

Patriot Metals, Inc. dba Patriot Metals Recycling filed a Chapter
11 petition (Bankr. M.D. Fla. Case No. 16-bk-06860-MGW), on August
8, 2016.

The Debtor's counsel is James W. Elliott, Esq. at McIntyre
Thanasides Bringgold Elliott Grimaldi & Guito, P.A. of Tampa,
Florida.

No trustee or examiner has been appointed in this case and no
official committees have been appointed.



PAVEL SAVENOK: Klyachenko Buying Skyline 65% Interest for $500K
---------------------------------------------------------------
Judge Jack B. Schmetterer of the U.S. Bankruptcy Court for the
Northern District of Illinois will convene a hearing on Nov. 28,
2016, at 10:00 a.m., to consider Pavel Savenok's proposal to sell
his 65% ownership interest in Skyline Plastering, Inc. to Peter
Klyachenko for $500,000.

The Debtor, through the Paul Savenok Revocable Trust dated April
23, 2003, is the 65% owner of the stock of Skyline, which is in the
business of plastering and insulation systems for real estate
throughout the Chicagoland area.

Debtor has recently received an offer to purchase his shares of
Skyline from Klyachenko, who is President of Skyline and minority
shareholder, for the amount of $500,000, which has been accepted by
the Debtor and subject to the Court's approval.

A copy of the executed Stock Purchase Agreement, Promissory Note
and Escrow Agreement attached to the Motion is available for free
at:

           http://bankrupt.com/misc/Pavel_Savenok_182_Sales.pdf

While Skyline generates substantial revenues, it has experienced
cash flow problems over the past year and is now subject to a
lawsuit from its union in the U.S. District Court for the Northern
District of Illinois, Eastern Division, Case No. 16-CV-448, which
seeks an audit of the corporation's accounts and seeks a judgment
for at least $392,000 for delinquent contributions.

Based on Skyline's recent financial issues, if the corporation were
liquidated today, the Debtor believes that his stock would have
little value.  The purchase of the Debtor's stock by Klyachenko is
part of an overall restructuring of Skyline where its primary
lender, First Community Bank, is agreeable to taking a reduced
payment on its loan in exchange for payment in full from a new loan
generated by Klyachenko.

First Community Bank is a creditor of the Debtor by virtue of the
Debtor's guaranty of the debt due from Skyline, and if First
Community Bank is paid off, it will reduce a potential claim due
and owing from the Debtor.  Thus, the Debtor believes that the
proposed purchase is in the best interest of his estate and
creditors as it is substantially more than would be received if his
stock were sold otherwise.

The Debtor originally filed a motion to approve the sale, which was
denied by the Court as the agreement allowed the purchaser to
obtain possession of the stock prior to the purchase price being
paid.  The current agreement resolves the various issues that the
Court expressed at the first hearing.  Specifically, $250,000 is
paid at closing with the Purchaser only receiving half of the
stock.  The remaining stock is held in escrow until full payment is
made, and if the payment is not paid in full, the stock is returned
to the Debtor, or the Debtor has the option to pursue purchaser for
the remaining amount due under the agreement.

The proceeds from the sale will be used to fund the initial lump
sum payments under the Debtor's plan of reorganization, which is
set for confirmation on the presentment date of the Motion.  In
addition, the purchase price is much more than the Debtor would
receive on the open market, as if Skyline were liquidated, the
Debtor would receive very little for his shares, given the current
financial problems of Skyline.  The current Buyer is likely the
only party motivated to purchase the stock given his position with
the company and efforts to restructure the company.

The Debtor asks that the court shorten the notice of the Motion so
that notice is deemed adequate under the circumstances.  Reducing
the notice would allow the proposed sale to complete reasonably
close to the time contemplated in the Stock Purchase Agreement
which contemplates a closing date of Nov. 30, 2016.

                      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.

Pavel Savenok 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.


PETERS MACHINE: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Peters Machine, Inc. as of Nov.
21, according to a court docket.

Peters Machine, Inc., based in Decatur, IL, filed a Chapter 11
petition (Bankr. C.D. Ill. Case No. 16-71534) on September 20,
2016. The Hon. Mary P. Gorman presides over the case. Jonathan A
Backman, Esq., at Law Office of Jonathan A. Backman, as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Jerald L.
Nelson, president.


PHARMACOGENETICS DIAGNOSTIC: Has Until March 8 To File Ch 11 Plan
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Kentucky has
given Pharmacogenetics Diagnostic Laboratory, LLC, until March 8,
2017, to file a Chapter 11 plan and disclosure statement.

         About Pharmacogenetics Diagnostic Laboratory

Pharmacogenetics Diagnostic Laboratory, LLC, dba PGXL Laboratories
dba PGX Laboratories, filed a Chapter 11 petition (Bankr. W.D. Ky.
Case No. 16-33404) on Nov. 8, 2016.  The petition was signed by Dr.
Roland Valdes, Jr., president/CEO.  The case is assigned to Judge
Thomas H. Fulton.  The Debtor estimated assets at $500,000 to $1
million and liabilities at $10 million to $50 million at the time
of the filing.  The Debtor is represented by Charity Bird Neukomm,
Esq., at Kaplan & Partners LLP.


PREMIERE GLOBAL: S&P Revises Outlook to Stable & Affirms 'B' CCR
----------------------------------------------------------------
S&P Global Ratings said it revised its outlook on Atlanta-based
Premiere Global Services Inc. (PGi) to stable from negative and
affirmed S&P's 'B' corporate credit rating on the company.

S&P also affirmed its 'B' issue-level rating, with a recovery
rating of '3', on the company's $550 million first-lien term loan
maturing 2021 and $50 million revolving credit facility maturing
2020.  The '3' recovery rating indicates S&P's expectations for
meaningful (50%-70%; higher end of the range) recovery in the event
of payment default.

"The outlook revision to stable from negative reflects a
significant reduction in PGi's leverage over the last year," said
S&P Global Ratings credit analyst Kenneth Fleming.

Debt to EBITDA has decreased from the high-6x area at the time of
the leveraged buyout (LBO) by Siris in late 2015 to just over 5x as
of Sept. 30, 2016, which is in line with 'B' rated peers of similar
scale.  PGi has dramatically reduced operating costs across all
areas of the business including marketing, network related costs,
and general and administrative expenses, and eliminated public
company costs.  As a result, EBITDA margin expanded more than 700
basis points (bps) in the first nine months of 2016 to 26%.
Additionally, the company has paid off roughly $30 million of the
$100 million bridge loan from its sponsor with cash generated from
operations.  PGi recently refinanced the balance of this loan with
a new $70 million second-lien loan.

The stable outlook reflects S&P's expectation that PGi will be able
to offset declines in revenue with additional cost cutting
measures.  S&P expects the company will maintain adjusted leverage
around 5x over the next year and generate around $40 million in
free cash flow.


Q AND Q REALTY: Submits Amended Expense Tables for Cash Use
-----------------------------------------------------------
Q and Q Realty, LLC, submits to the U.S. Bankruptcy Court for the
Eastern District of New York, its amended Monthly Expenses Table
for the months of November 2016 and December 2016.

The amended Monthly Expenses Tables provide for total expenses in
the amount of $26,338 for each of the months of November 2016 and
December 2016.  The expenses listed in the tables include
insurance, electric, repairs and maintenance, and water, among
others.

A full-text copy of the Debtor's Supplemental Statement, dated Nov.
16, 2016, is available at
http://bankrupt.com/misc/QandQRealty2016_11644044nhl_32.pdf

A full-text copy of the Debtor's amended Monthly Expenses Table for
November 2016, dated Nov. 16, 2016, is available at
http://bankrupt.com/misc/QandQRealty2016_11644044nhl_32_1.pdf

A full-text copy of the Debtor's amended Monthly Expenses Table for
December 2016, dated Nov. 16, 2016, is available at
http://bankrupt.com/misc/QandQRealty2016_11644044nhl_32_2.pdf

                 About Q and Q Realty, LLC

Q and Q Realty LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 16-44044) on Sept. 9,
2016.  The petition was signed by Juan Galvan, managing member.
The case is assigned to Judge Nancy Hershey Lord.  The Debtor is
represented by Robert L. Reda, Esq., at The Law Offices of Robert
L. Reda, P.C.  At the time of the filing, the Debtor disclosed $4
million in assets and $2.16 million in liabilities.


QUALITY DISCOUNT: Submits Memorandum to Support Cash Use Motion
---------------------------------------------------------------
Quality Discount Ice Cream Distributors, Inc., submitted to the
U.S. Bankruptcy Court for the Southern District of California, a
Memorandum of Points and Authorities to support its Cash Collateral
Motion.

The Debtor relates that it has an agreement with Bank of America
that would permit the Debtor to use cash collateral in accord with
a specific budget.  The Debtor further relates that it will pay
Bank of America $7,500 in November and December 2016, and at least
$12,500 monthly thereafter, as adequate protection.

The Debtor tells the Court that the stipulation saves the estate
from the costs of obtaining approval to use cash collateral via an
adversary process.  The Debtor further tells the Court that it
expects to pay Bank of America as set out in the stipulation and
grow its business and increase revenue and profits during the
period covered by the stipulation.  The Debtor adds that it will be
through the growth of the business that the Debtor plans to address
the payment of its debts.

The Debtor contends that Bank of America is owed more than
$3,000,000 and that it holds a first priority lien on the Debtor's
assets.

A full-text copy of the Debtor's Memorandum of Points and
Authorities, dated Nov. 18, 2016, is available at
http://bankrupt.com/misc/QualityDiscount2016_1601709la11_82.pdf

           About Quality Discount Ice Cream Distributors

Farshad Yoghouti, Gholamreza Chitgari and Babak Afshin filed an
involuntary chapter 11 petition on behalf of Quality Discount Ice
Cream Distributors, Inc. (Bankr. S.D. Cal. Case No. 16-01709) on
March 29, 2016.  The Petitioners are represented by Kit James
Gardner, Esq., at the Law Offices of Kit J. Garnder.  The case is
assigned to Judge Christopher B. Latham.

Farshad Yaghouti asserts a claim in the amount of $2,348,000;
Gholamreza Chitgari asserts a claim in the amount of $500,000; and
Babak Afshin asserts a claim in the amount of $150,000.

The alleged Debtor offers the wholesale distribution of
confectionery and cold sweets.


RECYCLING GROUP: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Recycling Group, LTD
        630 Shephard
        Cincinnati, OH 45215

Case No.: 16-14347

Chapter 11 Petition Date: November 21, 2016

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

Judge: Hon. Jeffery P. Hopkins

Debtor's Counsel: William B Fecher, Esq.
                  3700 Carew Tower
                  441 Vine Street
                  Cincinnati, OH 45202
                  Tel: (513) 621-2666
                  Fax: 513-345-1756
                  E-mail: wbfecher@statmanharris.com

                        - and -

                  Alan J. Statman, Esq.
                  STATMAN, HARRIS & EYRICH, LLC
                  441 Vine Street, Suite 3700
                  Cincinnati, OH 45202
                  Tel: 513-621-2666
                  E-mail: ajstatman@statmanharris.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Michael A. Story, managing member.

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

A full-text copy of the petition is available for free at:

           http://bankrupt.com/misc/ohsb16-14347.pdf


RELIABLE HUMAN: Wants to Use Cash Collateral
--------------------------------------------
Reliable Human Services, Inc., asks the U.S. Bankruptcy Court for
the District of Minnesota for authorization to use cash
collateral.

The Debtor believes that its pre-bankruptcy assets are subject to
several tax liens filed by the Internal Revenue Service and the
Minnesota Department of Revenue.  The Debtor contends that its
assets may also be subject to security interest and claims asserted
by Pearl Capital and Direct Capital Source.  The Debtor says that
the only two entities with an interest in cash collateral are the
Internal Revenue Service and the Minnesota Department of Revenue.

The Debtor tells the Court that it will suffer irreversible and
irreparable harm if it is not able to use cash collateral.  The
Debtor further tells the Court that it needs to use cash collateral
to meet the ordinary expenses of operating its business in
accordance with its proposed budget and cash flow projections.

The Debtor proposes to grant replacement liens to the Internal
Revenue Service, the Minnesota Department of Revenue, Pearl Capital
and Direct Capital Source.

A full-text copy of the Debtor's Motion, dated Nov. 16, 2016, is
available at
http://bankrupt.com/misc/ReliableHuman2016_1643368_7.pdf

Pearl Capital can be reached at:

          PEARL CAPITAL
          Attn: Alan Miller
          100 William Street, 9th Floor
          New York, NY 10038

Direct Capital Source can be reached at:

          DIRECT CAPITAL SOURCE
          Attn: Mike Mandel
          500 West Putman Ave, #400
          Greenwich CT 06830

               About Reliable Human Services

Reliable Human Services, Inc., filed a chapter 11 petition (Bankr.
D. Minn. Case No. 13-44330) on Sept. 4, 2013.  The petition was
signed by Christian K. Kolleh, president.  The Debtor is
represented by Steven B. Nosek, Esq., at Steven B. Nosek, P.A.  The
Debtor estimated assets at $0 to $50,000 and liabilities at
$100,001 to $500,000 at the time of the filing.

The Debtor operates a home health care business, and has been in
business for several years.


ROBERT DOKKEN: Disclosures Conditionally OK'd; Hearing on Feb. 23
-----------------------------------------------------------------
The Hon. Karen K. Specie of the U.S. Bankruptcy Court for the
Northern District of Florida has conditionally approved Robert S.
Dokken Jr.'s disclosure statement dated July 6, 2016, referring to
the Debtor's amended plan of reorganization.

A plan confirmation hearing will be held on Feb. 23, 2017, at 10:00
a.m. Central Time.  Objections to the confirmation must be filed
and served seven days before the confirmation hearing.

Feb. 16, 2017, is the last day for filing and serving written
objections to the Disclosure Statement, and is fixed as the last
day for filing acceptances or rejections of the Amended Plan.

On or before Jan. 24, 2017, the Plan, the Disclosure Statement,
ballot for accepting or rejecting the Amended Plan, and the court
order conditionally approving the Disclosure Statement will be
transmitted by mail by the attorney for the proponent of the
Amended Plan sought to be confirmed to creditors, equity security
holders and other parties-in-interest.

As reported by the Troubled Company Reporter on July 12, 2016, the
Debtor filed with the Court a Plan of Reorganization and
accompanying Disclosure Statement, which propose that general
unsecured creditors will be paid in full.

Robert Dokken, a Chartered Financial consultant, filed for Chapter
11 bankruptcy (Bankr. N.D. Fla. Case No. 14-50203) on June 17,
2014.  According to WMBB.com, he owed more than $2 million to the
IRS, and more than $500,000 to Prosperity Bank, which he cited as
the reason for the bankruptcy filing.


RUBEN OCASIO PINO: Plan Confirmation Hearing Set for Dec. 14
------------------------------------------------------------
The Hon. Brian K. Tester of the U.S. Bankruptcy Court for the
District of Puerto Rico has conditionally approved Reuben Ocasio
Pino and Yelitza I. Rodriguez de Jesus' disclosure statement filed
on Nov. 7, 2016, referring to the Debtors' plan of reorganization.

A hearing for the consideration of the final approval of the
Disclosure Statement and the confirmation of the Plan will be held
on Dec. 14, 2016, at 9:00 a.m.

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 the confirmation of
the Plan must be filed on or before 10 days prior to the date of
the hearing on confirmation of the Plan.

General unsecured creditors are classified in Class 8, and will
receive a distribution of $5,000.00 which equals approximately a
2.5% distribution of their allowed claims.  Distributions to
General Unsecured Creditors will be made via 60 monthly payments
of
$83.33 commencing on the first day of the 60th month following the
Effective Date of the Plan.   

The Plan establishes that the Plan will be funded from the
cash-flows generated by the Reorganized Debtor.  The Debtor's
cash-flows consist of the business income and revenue generated by
the Debtor's DBA Ruben Haris Styling.  The Debtor will contribute
its cash flows to fund the Plan commencing on the Effective Date
of
the Plan and continue to contribute through the date that Holders
of Allowed Class 1 to 8 Claims receive the payments specified for
in the Plan.  

The Disclosure Statement is available at:

            http://bankrupt.com/misc/prb16-03030-79.pdf

Ruben Ocasio Pino and Yelitza I. Rodriguez-De-Jesus filed for
Chapter 11 bankruptcy protection (Bankr. D.P.R. Case No. 16-03030)
on April 18, 2016.  Jesus Enrique Batista Sanchez, Esq., at The
Batista Law Group, PSC, serves as the Debtor's bankruptcy counsel.


SABLE NATURAL: Sec. 341 Creditors Meeting Set for Dec. 15
---------------------------------------------------------
BankruptcyData.com reported that the U.S. Trustee scheduled to the
case of Sable Natural Resources (f/k/a NYTEX Energy Holdings) a
Section 341 Meeting of Creditors on Dec. 15, 2016.

This is the first meeting of creditors required under Section
341(a) of the U.S. Bankruptcy Code in all bankruptcy cases.  All
creditors are invited, but not required, to attend.  This Meeting
of Creditors offers the one opportunity in a bankruptcy proceeding
for creditors to question a responsible office of the Debtor under
oath about the company's financial affairs and operations that
would be of interest to the general body of creditors.

                       About Sable Natural

Sable Natural Resources Corp. acquires, develops and produces oil
and natural gas reserves from wells in carbonate reservoir.

Sable Natural Resources filed for Chapter 11 protection (Bankr.
N.D. Tex. Case No. 16-34422) on Nov. 11, 2016.  The Company is
represented by Joyce Lindauer of Joyce W. Lindauer Attorney, PLLC.
The Debtor disclosed $20.24 million in assets and $3.19 million in
liabilities.

Subsidiary Sable Operating previously filed a Chapter 11 petition
on Aug. 28, 2015 and emerged from that bankruptcy on Nov. 1, 2016.
According to Sable Natural Resources petition, "Sable Natural
Resources is in default of $1.95M Convertible Debentures and has
not been able to cure the default." Court-filed documents further
note, "Funds will be available for distribution to unsecured
creditors."


SAILING EMPORIUM: Peoples Bank Seeks Appointment of Ch. 11 Trustee
------------------------------------------------------------------
The Peoples Bank filed a motion asking the U.S. Bankruptcy Court
for the District of Maryland to direct the appointment of a Chapter
11 Trustee for The Sailing Emporium, Inc.

Peoples Bank is a Maryland banking corporation organized under the
laws of the State of Maryland and a secured creditor in the
Debtor's bankruptcy case by virtue of a properly perfected,
first-priority security interest in the Debtor's property on Rock
Hall Harbor in Rock Hall, Maryland.

The bank tells the Court that the Debtor is not maintaining
adequate insurance on its property and in the event Debtor fails to
immediately obtain hazard insurance, Peoples Bank will incur
monthly costs in the approximate amount of $1,826.77 for payments
towards the $22,225.00 hazard insurance premium.  Moreover, the
Debtor has also been unable to pay its real estate taxes on its
property.  Also, Peoples Bank says it suspects that the majority of
the revenue of the Debtor during the winter months (i.e. winter
storage) was diverted from the Debtor to Cat's Paw, Inc., and
subsequently used to pay the Debtor's counsel fees. The Cat's Paw,
Inc., is a Maryland corporation that runs the gift shop located on
the property.

Thus, People's Bank asserts that the Debtor cannot be counted on to
act in a fiduciary capacity towards its creditors. Also, it is in
the best interests of the creditors and the integrity of the
bankruptcy process that a Chapter 11 trustee be appointed to
administer the case.

                        About The Sailing Emporium

The Sailing Emporium, Inc., filed a chapter 11 petition (Bankr. D.
Md. Case No. 16-24498) on November 1, 2016. The petition was signed
by William Arthur Willis, president.  The case is assigned to Judge
Thomas J. Catliota. The Debtor estimated assets and liabilities at
$1 million to $10 million at the time of the filing. The Debtor is
represented by Lisa Yonka Stevens, Esq., at Yumkas, Vidmar, Sweeney
& Mulrenin, LLC.  

The Debtor owns and operates a full service marina located on the
picturesque Eastern Shore of Maryland on eight acres on Rock Hall
Harbor in Rock Hall, Maryland. Services include boat sales, boat
repair and restoration, electronics sales and service and sailboat
charters. The Property also includes a marine store and nautical
gift shop. The Property has 155 deep water slips and 20 transient
slips, and the landscaped grounds and other amenities have made
this marina a point of interest in Rock Hall.


SANTA ROSA ANIMAL: Seeks to Use Bank of America Cash Collateral
---------------------------------------------------------------
Santa Rosa Animal Hospital, P.A., asks the U.S. Bankruptcy Court
for the Northern District of Florida for authorization to use cash
collateral.

The Debtor relates that Bank of America, N.A., has asserted that it
holds a security interest in the Debtor's assets, including
equipment, furnishings, goods and inventory, deposit accounts,
account receivable and other assets.

The Debtor tells the Court that its use of cash collateral is
essential to the continuing operation of its business, to maintain
the value of the estate and for an effective reorganization.  The
Debtor further tells the Court that the expenses incurred by the
Debtor and for which cash collateral will be used will all be
incurred in the normal and ordinary course of the Debtor's
business.

The Debtor's proposed Interim Budget provides for total expenses in
the amount of $19,522.66.

The Debtor proposes to make monthly adequate protection payments to
Bank of America in the amount of $69.74, representing accruing
interest on the value of the Debtor's assets subject to Bank of
America's alleged secured claim, which the Debtor asserts is
$16,361.04.

The Debtor further proposes to grant Bank of America with a
replacement lien in postpetition accounts and accounts receivable,
in the same order of priority as existed prepetition.

A full-text copy of the Debtor's Motion, dated Nov. 16, 2016, is
available at
http://bankrupt.com/misc/SantaRosa2016_1631051jco_17.pdf

A full-text copy of the Debtor's proposed Budget, dated Nov. 16,
2016, is available at
http://bankrupt.com/misc/SantaRosa2016_1631051jco_17_2.pdf

Bank of America, N.A., can be reached at:

          BANK OF AMERICA, N.A.
          70 Batterson Park Rd.
          Farmington, CT 06032

                  - and -

          BANK OF AMERICA, N.A.
          2740 Airport Drive, Ste 300
          Columbus, OH 43219

               About Santa Rosa Animal Hospital

Santa Rosa Animal Hospital, P.A., filed a chapter 11 petition
(Bankr. N.D. Fla. Case No. 16-31051) on Nov. 9, 2016.  The petition
was signed by Cheryl L. Beck, DVM, president.  The Debtor is
represented by Natasha Z. Revell, Esq., at Zalkin Revell, Pllc.
The Debtor estimated assets at $0 to $50,000 and liabilities at
$100,001 to $500,000 at the time of the filing.


SCHOPF'S HILLTOP: Disclosures Okayed, Plan Hearing on January 19
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Wisconsin
will consider approval of the Chapter 11 plan of reorganization of
Schopf's Hilltop Dairy, LLC, at a hearing on January 19.

The hearing will be held at 10:00 a.m., at the U.S. Courthouse,
Courtroom 133, 517 E. Wisconsin Avenue, Milwaukee, Wisconsin.

The court on November 3 approved the company's disclosure
statement, allowing it to start soliciting votes from creditors.  

The order set a December 19 deadline for creditors to cast their
votes and a January 6 deadline to file their objections.

                     About Schopf's Hilltop

Schopf's Hilltop Dairy, LLC, based in Sturgeon Bay, Wisconsin,
filed a Chapter 11 petition (Bankr. E.D. Wis. Case No. 15-33333) on
Dec. 14, 2015.  Hon. Michael G. Halfenger presides over the case.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Dennis W. Schopf, member.

The Debtor is represented by John W. Menn, Esq., Steinhilber,
Swanson, Mares, Marone & McDermott.


SIGA TECH: Completes Rights Offering, PharmAthene Judgment Paid
---------------------------------------------------------------
SIGA Technologies, Inc., completed the a previously disclosed
rights offering, pursuant to which it raised approximately $35.3
million in gross proceeds through the sale of 23,523,195 shares of
its common stock.  The final subscription price was $1.50 per
share.

The Company used the net proceeds of the Rights Offering, together
with proceeds from the Loan and cash on hand, for the satisfaction
of PharmAthene, Inc.'s judgment against the Company, payable by
Nov. 30, 2016 pursuant to the Company's Third Amended Chapter 11
Plan as approved by the United States Bankruptcy Court for the
Southern District of New York.

The Rights Offering was made pursuant to a registration statement
on Form S-1 previously filed with the Securities and Exchange
Commission and declared effective by the SEC on October 21, 2016.
A copy of the Prospectus is available at https://goo.gl/wn9oOb

Through basic subscriptions and oversubscriptions, the Rights
Offering was fully subscribed. An additional 708,530 shares at a
valuation of $2.49 (the closing price of the Company's common stock
on the OTC Pink Sheets on November 16, 2016) will be issued
collectively to the parties backstopping the offering:

     -- ST Holdings One LLC ("MacAndrews"), which is a wholly owned
subsidiary of MacAndrews & Forbes LLC,
     -- Blackwell Partners LLC - Series A,
     -- Nantahala Capital Partners Limited Partnership,
     -- Nantahala Capital Partners II Limited Partnership,
     -- Silver Creek CS SAV, L.L.C. and
     -- Nantahala Capital Partners SI, LP

in payment of the 5% fee payable to the Backstop Parties in
connection with the backstop agreement entered into between the
Company and the Backstop Parties.

Because the Rights Offering was fully subscribed, the Backstop
Parties were not required to draw on such commitment.

Steven M. Cohen, Executive Vice President, Chief Administrative
Officer and General Counsel, at MacAndrews & Forbes disclosed in a
regulatory filing that his firm and related entities may be deemed
to beneficially own 30.8% of SIGA's common stock.  

He said, "On November 16, 2016, ST Holdings One purchased 5,854,212
shares of Common Stock in the Rights Offering, through its exercise
of its basic subscription rights. In addition, it purchased
4,206,431 shares of Common Stock through its exercise of
oversubscription rights. Also, on November 17, 2016, the Company
delivered an additional 565,010 shares of Common Stock to ST
Holdings One as fee for providing the backstop commitment under the
Backstop Agreement. ST Holdings One funded the purchase price for
these shares from cash on hand."

A copy of MacAndrews' filing is available at https://goo.gl/TG7EUW

The Company on Nov. 16 also announced the funding of its previously
disclosed loan agreement, which, together with the proceeds of the
Rights Offering, and with the use of cash on hand, enabled the
Company to satisfy, in its entirety, the remaining portion of
PharmAthene judgment.

"This marks a significant milestone for SIGA. The Company has now
fully satisfied the prior judgment, and is poised for future
growth," said CEO Phil Gomez.

As of September 30, 2016, a cumulative total of $115 million of
payments have been made by the Company against the PharmAthene
claim. As such, the obligation to PharmAthene as of September 30,
2016 is approximately $93.7 million. In October, the Company paid
an additional $10 million against the PharmAthene obligation. As of
October 31, 2016, the Company's remaining obligation to PharmAthene
was approximately $83.7 million.

Early this month, SIGA delivered to the Securities and Exchange its
earnings report for the third quarter ended Sept. 30, 2016.

The Company posted a Net and comprehensive loss of $9,243,642 for
the quarter, compared to a net loss of $5,630,520 for the same
period in 2015.

The Company remains in the red the past three quarters, posting a
net loss of $29,258,060.  During the first three quarters of 2015,
SIGA posted a net loss of $19,357,276.

Revenues for the Sept. 30, 2016 quarter was $4,658,355.  The
revenues were on account of Research and development.  During the
third quarter of last year, the Company had revenues of $1,327,403.
During the past three quarters, the Company posted revenues of
$7,829,402 compared to $3,986,955 for the same three quarters last
year.

As of Sept. 30, 2016, the Company had total assets of $162,837,339
and total liabilities of $476,002,283.

The Company admitted that its ability to continue as a going
concern is impacted by the Delaware Supreme Court's ruling
affirming the judgment in favor of PharmAthene, the magnitude of
the remaining obligation to PharmAthene ($93.7 million) as of
September 30, 2016, and by the uncertainty attendant to the exact
impact of the Rights Offering and the Term Loan.  

"There can be no assurance that the Company will be able to
finalize either the aforementioned Rights Offering or Term Loan, on
satisfactory terms or at all. In addition, as of September 30,
2016, the Company has a net capital deficiency of $313 million.
These factors raise substantial doubt about the Company's ability
to continue as a going concern," the Company said.

A copy of the financial report on Form 10-Q is available at
https://goo.gl/an0yS3

                     About SIGA Technologies

SIGA Technologies, Inc. (OTCMKTS:SIGA), with headquarters in
Madison Avenue, New York, is a biotech/pharmaceutical company that
specializes in the development and commercialization of solutions
for serious unmet medical needs and biothreats.  SIGA's lead
product is Tecovirimat, also known as ST-246, an orally
administered antiviral drug that targets orthopoxviruses.

SIGA sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case
No. 14-12623) on Sept. 16, 2014, in Manhattan.  The case was
assigned to Judge Sean H. Lane.

The Debtor tapped Weil, Gotshal & Manges LLP, as counsel, and
Prime Clerk LLC as claims agent.

A Statutory Creditors' Committee was represented by Martin J.
Bienenstock, Esq., Scott K. Rutsky, Esq., and Ehud Barak, Esq., at
Proskauer Rose LLP.  The Committee retained Guggenheim Securities,
LLC, as its financial advisor and investment banker.

                     Chapter 11 Bankruptcy

SIGA commenced the chapter 11 case to preserve and to ensure its
ability to satisfy its commitments under a contract with the U.S.
Biomedical Advanced Research and Development Authority and to
preserve its operations, which likely would have been jeopardized
by the enforcement of a judgment stemming from the litigation with
PharmAthene, Inc.

On January 15, 2015, the Delaware Court of Chancery entered its
Final Order and Judgment awarding PharmAthene approximately $195
million, including pre-judgment interest up to January 15, 2015.
On January 16, 2015, the Company filed a notice of appeal of the
Outstanding Judgment with the Delaware Supreme Court and, on
January 30, 2015, PharmAthene filed a notice of cross appeal.  On
October 7, 2015, the Delaware Supreme Court heard oral argument,
en banc. On December 23, 2015 the Delaware Supreme Court affirmed
the Outstanding Judgment.

The Bankruptcy Court for the Southern District of New York entered
an order confirming the Debtor's Third Amended Chapter 11 Plan,
dated April 7, 2016, and, as a result, SIGA emerged from chapter
11.   The Plan was confirmed amid a challenge by current
shareholders.

This concludes the Troubled Company Reporter's coverage of SIGA
Technologies until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.


SLAYTON FAMILY: Wants to Use Quik Capital Cash Collateral
---------------------------------------------------------
Slayton Family Beef O'Brady's LLC and creditor Quik Capital, LLC,
ask the U.S. Bankruptcy Court for authorization for the Debtor to
use cash collateral.

The Debtor tells the Court that it wants to use cash collateral and
seeks the Court's approval for the grant of replacement liens
relating to the Debtor's cash on hand and account receivables, and
the grant of adequate protection, pursuant to the terms of a
prepetition lending arrangement provided by creditor Quik Capital.

The lending arrangement is a secured cash advance line of credit,
with a payment determined by gross sales of product reported and
paid through a secured credit card servicing agreement.  Credit
card receivable secures current debt of approximately $37,500.

The Debtor tells the Court that it has determined that it can
reorganize its business operations and that it is in the best
interest of all of its creditors to do so.  The Debtor further
tells the Court that the Debtor urgently needs to continue with a
credit card servicing network as majority of its sales are recorded
and paid by credit card transactions.

The Debtor relates that Quik Capital has agreed to reduce its
credit card processing fee from 16% to five percent.  The Debtor
further relates that it needs to continue business operations, and
is unable to obtain post-petition financing from any source other
than the potential future credit card advances from Quik Capital
after an interim period of 30 days from the Petition Date, in which
the viability of the Debtor's business operations will be assessed
by Quik Capital for future credit advances.

The Debtor proposes to grant Quik Capital with a security interest
in post-petition credit card receivables to compensate for its use
of credit card processing services and to pay down to Quik Capital
the prepetition debt based upon a reduced service or interest fee
of five percent of gross sales of all credit card transactions per
the terms of its prepetition loan documents.

A full-text copy of the Consent Motion, dated Nov. 16, 2016, is
available at
http://bankrupt.com/misc/SlaytonFamily2016_1640484kks_16.pdf

Quik Capital LLC can be reached at:

          QUIK CAPITAL LLC
          1111 N. West Shore Blvd., Suite 500
          Tampa, FL 33607-4713
       
          About Slayton Family Beef O'Brady's

Slayton Family Beef O' Bradys LLC filed a chapter 11 petition
(Bankr. N.D. Fla. Case No. 16-40484) on Nov. 7, 2016.  The petition
was signed by Harold D. Slayton, manager.  The Debtor is
represented by Robert C. Bruner, Esq., at Robert C. Bruner,
attorney.  The Debtor estimated assets at $0 to $50,000 and
liabilities at $50,001 to $100,000 at the time of the filing.


SOUTHERN SEASON: Sale of Assets at NC Stores for $30K Approved
--------------------------------------------------------------
Judge Benjamin A. Kahn of the U.S. Bankruptcy Court for the Middle
District of North Carolina approved Southern Season, Inc.'s
proposed private sale of tangible assets, except for inventory,
located at the Debtor's stores in Raleigh, North Carolina and
Asheville, North Carolina, and all tangible assets, including
inventory, located at the Debtor's store in Charleston, South
Carolina ("Supplemental Sale Assets") to Calvert Retail, L.P., for
$30,000.

On Aug. 21, 2016, the Court entered its Order (I) Approving the
Asset Purchase Agreement between the Debtor and Calvert Retail,
L.P., (II) Authorizing the Sale of Certain of the Debtor's Assets
Free and Clear of Liens, Claims, Interests and Encumbrances, (III)
Authorizing the Assumption and Assignment of a Certain Lease and
(IV) Granting Related Relief ("Sale Order").

Any liens, claims, encumbrances or interests in the Supplemental
Sale Assets are transferred to the sale proceeds.

The Debtor is authorized to use and distribute the sale proceeds
pursuant to the terms of decretal paragraph 29 of the Sale Order.

                      About Southern Season

Southern Season, Inc., was founded in 1975 and is a premier retail
destination for specialty food and gifts.  It currently operates
its flagship retail store located in Chapel Hill, North Carolina,
and its three "Taste of Southern Season" stores in Asheville,
Raleigh, North Carolina and Charleston, South Carolina.

Southern Season sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D.N.C. Case No. 16-80558) on June 24,
2016.  The petition was signed by Clay Hammer, CEO.

On Aug. 8, 2016, John Fioretti of ABTV was appointed as the
Debtor's Chief Restructuring Officer.  The CRO has the full and
complete authority to manage the affairs of the Debtor.

The Debtor is represented by John Paul H. Cournoyer, Esq., at
Northen Blue, LLP, and Richard M. Hutson, II, Esq., at Hutson Law
Offices, P.A.  The case is assigned to Judge Benjamin A. Kahn.

At the time of the filing, the Debtor disclosed $9.82 million in
assets and $18.3 million in liabilities.


SPECTACULARX INC: Allowed to Use Cash Collateral on Interim Basis
-----------------------------------------------------------------
Judge Craig A. Gargotta of the U.S. Bankruptcy Court for the
Western District of Texas authorized SpectaculaRX, Inc., to use
Compass Bank's cash collateral on an interim basis.

Judge Gargotta acknowledged that an immediate and critical need
exists for the Debtor to obtain funds in order to continue the
operation of its business.  He further acknowledged that without
such funds, the Debtor will not be able to pay its payroll and
other direct operating expenses and obtain goods and services
needed to carry on its business during this sensitive period in a
manner that will avoid irreparable harm to the Debtor???s estate.

The Debtor is indebted to Compass Bank in the amount of at least
$177,101.  Compass Bank has first priority, valid and perfected
liens and security interests in substantially all of the Debtor's
assets.

Compass Bank is granted:

   (a) valid, binding, enforceable, and perfected liens
co-extensive with Compass Bank's prepetition liens in all currently
owned or after acquired property and assets of the Debtor;  

   (b) first priority replacement liens and security interests,
having priority over all other creditors, against the Debtor???s
accounts receivable originating post-petition and any and all cash
or other proceeds from those receivables on a dollar-for-dollar
basis for each dollar of pre-petition cash or accounts receivable
used by Debtor; and

   (c) an allowed super-priority administrative expense claim, with
priority in payment over any and all administrative expenses, to
the extent of any diminution in the value of Secured Lender???s
interest in the Collateral and Cash Collateral.

The Debtor is directed to pay to Compass Bank each monthly
installment due and owing to Compass Bank in accordance with the
applicable loan documents.

The Debtor is ordered to maintain insurance on Compass Bank's
collateral and pay taxes when due.

A final hearing on the Debtor's Motion is scheduled on Dec. 5,
2016, at 10:00 a.m.

A full-text copy of the Interim Order, dated Nov. 16, 2016, is
available at
http://bankrupt.com/misc/SpectaculaRX2016_1652383cag_22.pdf

Compass Bank is represented by:

          John J. Kane, Esq.
          KANE RUSSELL COLEMAN & LOGAN PC
          3700 Thanksgiving Tower
          1601 Elm Street
          Dallas, TX 75201-7207
          Telephone: (214) 777-4200
          E-mail: ecf@krcl.com

                 About SpectaculaRX, Inc.

SpectaculaRX, Inc., d/b/a Pearle Vision #8699, filed a chapter 11
petition (Bankr. W.D. Tex. Case No. 16-52383) on Oct. 19, 2016.
The petition was signed by Virge Santiago, president.  The Debtor
is represented by Thomas Rice, Esq., at Pulman, Cappuccio, Pullen,
Benson & Jones, LLP.  The case is assigned to Judge Craig A.
Gargotta.  The Debtor disclosed total assets at $134,284 and total
liabilities at $223,475, as of Sept. 30, 2016.


SPECTRASCIENCE INC: Posts $777K Net Loss for Q3 2016
----------------------------------------------------
SpectraScience, Inc., reported wider net loss of $777,100 for the
three months ended September 30, 2016, from a net loss of $209,159
for the same period in 2015.  For the first three quarters in 2016,
the Company posted a net loss of $2,921,616 compared to a net loss
of $2,662,111 for the same nine-month period in 2015.

Revenues total $4,200 for the Sept. 30, 2016 quarter and $5,150 for
the past three quarters.  The Company posted $0 revenue in any of
the quarters in 2015.

The Company had $1,693,744 in total assets against $10,982,753 in
total current liabilities at Sept. 30, 2016.  Total mezzanine
equity is $30,850 and accumulated deficit is $52,420,568 at Sept.
30, 2016.

Historically, the Company's sources of cash have come from the
issuance and sale of equity securities and debentures. The
Company's historical cash outflows have been primarily used for
operating activities including research, development,
administrative and sales activities.  Fluctuations in the Company's
working capital due to timing differences of its cash receipts and
cash disbursements also impact its cash flow. The Company expects
to incur significant additional operating losses through at least
the end of 2016, as it completes proof-of-concept trials, conducts
outcome-based clinical studies and increases sales and marketing
efforts to commercialize the WavSTAT4 System in Europe.  If the
Company does not receive sufficient funding, there is substantial
doubt that the Company will be able to continue as a going concern.
The Company may incur unknown expenses or may not be able to meet
its revenue forecast, and one or more of these circumstances would
require the Company to seek additional capital.  The Company may
not be able to obtain equity capital or debt funding on terms that
are acceptable.  Even if the Company receives additional funding,
such proceeds may not be sufficient to allow the Company to sustain
operations until it becomes profitable and begins to generate
positive cash flows from operations.

As of September 30, 2016, the Company had a working capital deficit
of $10,503,770 and cash of $1,927, compared to a working capital
deficit of $8,324,600 and cash of $127,493 as of December 31, 2015.
In December 2011, the Company entered into an Engagement Agreement
with Laidlaw & Company (UK) Ltd., which Engagement Agreement was
amended in July 2012. Under the Engagement Agreement, Laidlaw
agreed to assist the Company in raising up to $20.0 million in
capital over a two-year period from the date of the Engagement
Agreement. Subsequent to March 31, 2013, the Company has engaged
other agents to assist the Company with raising capital and has
commenced raising capital on its own. During the nine months ended
September 30, 2016, the Company raised $1,185,000, net of
transaction costs of $34,000, under these agreements.  However, if
the Company does not receive additional funds in a timely manner,
the Company could be in jeopardy as a going concern. The Company
may not be able to find alternative capital or raise capital or
debt on terms that are acceptable.  Management believes that if the
events defined in the Engagement Agreements occur as expected, or
if the Company is otherwise able to raise a similar level of funds,
such proceeds will be sufficient to allow the Company to sustain
operations until it attains profitability and positive cash flows
from operations.  However, the Company may incur unknown expenses
or may not be able to meet its revenue expectations requiring it to
seek additional capital.  In such event, the Company may not be
able to find capital or raise capital or debt on terms that are
acceptable.

The holders of Convertible Debentures control the conversion of the
Convertible Debentures and certain of the Convertible Debentures
were not converted at their maturity constituting a potential
default on the matured, but unconverted, Convertible Debentures.
In the event of such default, principal, accrued interest and other
related costs are immediately due and payable in cash. As of
September 30, 2016, Convertible Debentures with a face value of
$5,473,032 held by 75 individual investors are in default.  None of
these investors have served notice of default on the Convertible
Debentures held by them.

A copy of the Company's quarterly report on Form 10-Q is available
at
https://goo.gl/kl6TIQ

                      About SpectraScience

SpectraScience, Inc., develops and manufactures innovative Laser
Induced Fluorescence spectrophotometry systems capable of
determining whether tissue is normal, pre-cancerous or cancerous
without removing tissue from the body. The WavSTAT Optical Biopsy
System is SpectraScience's first product to incorporate its
proprietary fluorescence technology for clinical use. The WavSTAT
System carries the CE mark designation which allows for the sale
and marketing in the European Union for the diagnosis of cancer.  


ST. MICHAEL'S MEDICAL: Hearing on Plan Disclosures Set For Dec. 8
-----------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey will hold on Dec. 8, 2016, at 11:00 a.m. the
hearing on the adequacy of Saint Michael's Medical Center, Inc., et
al.'s disclosure statement referring to the Debtors' Chapter 11
plan of orderly liquidation.

Written objections to the adequacy of the Disclosure Statement must
be filed no later than 14 days prior to the hearing.

Under the Plan, Class 1C - Allowed Non-Trinity General Unsecured
Claims, estimated to range $13,781,720 to $50,460,105, will receive
on the Plan Distribution Date its Pro Rata Share of the following:

   (1) if the amount of Allowed Non- Trinity General Unsecured
Claims against SMMC is greater than $100,000,000, then each holder
of an Allowed Non-Trinity General Unsecured Claim will receive the
following on the Plan Distribution Date: Cash in an amount equal to
the sum of (i) the lesser of (a) 4% of the value of its Allowed
Non-Trinity General Unsecured Claim and (b) its Pro Rata Share of
$8,000,000 and (ii) the holder's Pro Rata Share of 70% of the
remaining Assets of SMMC and its Estate available for
distribution;

   (2) if the amount of Allowed Non-Trinity General Unsecured
Claims against SMMC is between $100,000,000 and $75,000,000, then
each holder of an Allowed Non-Trinity General Unsecured Claim will
receive the following on the Plan Distribution Date: Cash in and
amount equal to the sum of (i) 8% of the value of its Allowed
Non-Trinity General Unsecured Claim and (ii) the holder's Pro Rata
Share of 70% of the remaining Assets of SMMC and its Estate
available for distribution;

   (3) if the amount of Allowed Non-Trinity General Unsecured
Claims against SMMC is between $74,999,999 and $50,000,000, then
each holder of an Allowed Non-Trinity General Unsecured Claim will
receive the following on the Plan Distribution Date: Cash in an
amount equal to the sum of (i) 12% of the value of its Allowed
Non-Trinity General Unsecured Claim and (ii) the holder???s Pro
Rata Share of 70% of the remaining Assets of SMMC and its Estate
available for distribution;

   (4) if the amount of Allowed Non-Trinity General Unsecured
Claims against SMMC is between $49,999,999 and $25,000,000, then
each holder of an Allowed Non-Trinity General Unsecured Claim shall
receive the following on the Plan Distribution Date: Cash in an
amount equal to the sum of (i) 15% of the value of its Allowed
Non-Trinity General Unsecured Claim and (ii) the holder???s Pro
Rata Share of 70% of the remaining Assets of SMMC and its Estate
available for distribution; and (5) if the amount of Allowed
Non-Trinity General Unsecured Claims against SMMC is less than
$25,000,000, then each holder of an Allowed Non-Trinity General
Unsecured Claim will receive the following on the Plan Distribution
Date: Cash in an amount equal to the sum of (i) 20% of the value of
its Allowed Non-Trinity General Unsecured Claim and (ii) the
holder's Pro Rata Share of 70% of the remaining Assets of SMMC and
its Estate available for distribution.

Estimated Recovery for Class 1C Claims is 20.5% to 59.1%.

The Plan incorporates two extensively negotiated settlements that
were previously approved by the Bankruptcy Court:

   * The Trinity Settlement Agreement by and among, the Debtors,
the Committee and Trinity: The Trinity Settlement Agreement
provided liquidity to fund the Chapter 11 Cases and excess funds to
fund the proposed Plan. The Trinity Settlement Agreement provides,
among other things, a $15 million DIP, repayment of which was
waived; a preferred distribution to general unsecured creditors
prior to Trinity sharing on account of its greater than $135
million unsecured claim; and funding of $750,000 for the reasonable
costs of preparing and confirming a plan of liquidation. In return,
Trinity received a release of all claims of the Debtor against
Trinity and in the Trinity Settlement Agreement.

   * The BNYM Settlement Agreement by and among, the Debtors, the
Committee and BNYM: The BNYM Settlement Agreement resolved the
single largest claim against the Debtors -- an asserted secured
claim in excess of $233 million by BNYM -- for $55.75 million,
making possible the projected distribution in these cases. The BNYM
Settlement Agreement provides, among other things, for the payment
by the Debtors to BNYM in the amount of fifty-five million seven
hundred and fifty thousand dollars ($55,750,000.00) from the
proceeds of the sale of substantially all the Debtors' assets to
the Buyer in exchange for a release of all claims, lien,
encumbrances and interests of BNYM in, on and to the Debtors'
pre-petition collateral and the remaining cash proceeds from the
sale.

A full-text copy of the Disclosure Statement dated November 3,
2016, is available at:

        http://bankrupt.com/misc/njb15-24999-993.pdf

               About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation. The
immediate sole corporate member of SMMC is Maxis Health System, a
Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.

United States Trustee Region 3, notified the United States
Bankruptcy Court for the District of New Jersey of the appointment
of Susan N. Goodman, RN JD, as patient care ombudsman in the
Chapter 11 case of Saint Michael's Medical Center, Inc., and its
debtor affiliates.

The U.S. Trustee for Region 3, appointed seven creditors of Saint
Michael's Medical Center Inc. and its affiliates to serve on the
official committee of unsecured creditors.   Andrew H. Sherman,
Esq., Boris I. Mankovetskiy, Esq., and Lucas F. Hammonds, Esq., at
Sills Cummis & Gross PC, represent the Committee.


STAR WEST: Moody's Affirms B1 Rating on $446MM Sr. Facilities
-------------------------------------------------------------
Moody's Investors Service affirmed Star West Generation, LLC's B1
rating on its senior secured credit facilities consisting of
$446 million in an outstanding senior secured term loan B due March
2020 and a $100 million revolving credit facility due March 2020
(mostly undrawn).  Concurrently, Moody's revised Star West's rating
outlook to negative from stable based on weakening re-contracting
prospects owing to Moody's assessment of challenging market
developments in the desert southwest electricity market region,
best evidenced by the terms of a recent asset sale of a
similar-sized combined cycle generating unit in the region.

                         RATINGS RATIONALE

Moody's outlook revision incorporates Moody's assessment of recent
developments in the region where the Star West assets operate that
have dimmed Star West's re-contracting prospects.  Specifically,
Calpine Corporation's announced sale of its South Point Energy
Center (South Point) to NV Energy is a credit negative data point
for Star West as South Point is the approximate size and in close
proximity to the existing Griffith combined-cycle plant.
Furthermore, Nevada Power Company (NPC: Baa1 stable), an operating
subsidiary of NV Energy, is the current tolling off-taker for
Griffith's energy and capacity contract which expires in September
2017.  While the South Point transaction has not yet closed, the
publicly disclosed price point for the transaction is $76 million,
or $142 per kilowatt (KW) indicating the challenging market
dynamics for power generation assets in the desert south west.  If
Griffith is unable to re-contract a meaningful portion of its
nameplate capacity at its contract expiry date, we calculate that
Griffith will likely generate merchant energy margins net of
variable operations and maintenance (VOM) of around $15 million,
compared to the contracted margins currently earned of
approximately $50 million.

The negative outlook also reflects market developments that could
keep market power prices across the region tempered negatively
affecting the profile for both Star West assets.  Specifically, in
October 2016, the investment grade off-taker for Arlington Valley,
joined California's Energy Imbalance Market which connects other
regional balancing area authorities and helps to smooth power
prices through the region, particularly by opening up bottlenecks
and reducing or substantially eliminating negative pricing in some
regions.  Overall, the effect is likely to lead to lower merchant
power prices in the region.  Moody's believes that other states in
the region will join over time.  If Griffith and Arlington Valley
were to operate on a fully merchant basis, which would occur by
November 2019 absent any re-contracting, Star West's ability to
generate sufficient cash flow to fully cover its operating costs
and debt service obligations would be challenged.  That said, both
plants continue to earn capacity and energy payments through the
existing tolling arrangements in place and generate sufficient cash
flow to cover debt service and make modest voluntary debt reduction
payments through at least 2019 based on our calculations.
Additionally, Star West remains in compliance with their interest
coverage covenant, currently set at 1.6x and is expected to
continue to do so as the test steps down over time.

The affirmation of Star West's B1 rating is driven by the reliable
cash flow stream currently generated through its summer-only tolls
on its Griffith and Arlington Valley assets through September 2017
and October 2019, respectively.  Positively, the predictability of
this cash flow has enabled the project to repay debt in line with
what was contemplated in the Moody's base case.  By year-end 2016,
Moody's anticipates the project will be able to make a meaningful
optional debt reduction payment through its excess cash flow sweep
provision bringing year-end debt levels to below $435 million, the
level Moody's anticipated.  Merchant margins generated by both
plants remain largely negligible in the shoulder months, though in
line with what Moody's anticipated, given the abundant surplus
generation in the region.

The assets continue to perform well operationally during the summer
tolling season availing the issuer to full receipt of capacity
payments.  Barring operational issues, further optional debt
reduction of $20 million through the cash sweep construct is likely
during 2017.  Financial metrics are fully consistent with B-rated
project financing with funds from operations to debt (FFO/Debt) and
debt service coverage ratios of around 9% and 1.9x, respectively.
However these metrics do not incorporate the tail risk for this
project where financial performance could fall precipitously should
the assets operate solely on a fully merchant basis given the
expectations for power prices.  Positively, the B1 rating also
acknowledges the level of borrowing capacity available to Star West
under its $100 million secured revolving credit facility, which
provides interim funding during the shoulder months of each year
and will likely be utilized on a more permanent basis should
re-contracting efforts at Griffith come up short.

The rating is unlikely to be upgraded given the negative outlook
and absent positive re-contracting developments in the next year,
further downward pressure is likely.  Further negative rating
action would occur should Star West violates its interest coverage
covenant, currently set at 1.6x but with gradual step downs or
should Star West fail to adequately replenish revolver borrowings
during the course of the year.  The rating could also be downgraded
should operating issues surface at either plant, particularly
during the peak summer months when both plant earn most of their
revenue and cash flow.  The rating could be stabilized should
sufficient capacity at either facility be re-contracted for a
duration and at price levels that would enable meaningful debt
reduction above and beyond the 1% mandatory amortization.

Star West owns the 570 MW Griffith and the 579 MW Arlington Valley
natural gas-fired, combined-cycle power generation projects in
Arizona.  Arlington is contracted on a summer-basis only through
October 2019 with an investment grade utility while Griffith has a
summer-only tolling agreement through September 2017 with NPC.

The principal methodology used in these ratings was Power
Generation Projects published in December 2012.



STEALTH SOFTWARE: Hires Andante Law Group as Counsel
----------------------------------------------------
Stealth Software, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Arizona to employ Andante Law Group, LLC
as counsel to the Debtors.

Stealth Software requires Andante Law Group to:

   a. provide legal advice to the Debtor;

   b. represent the Debtor as Debtor-in-Possession in the
      bankruptcy case;

   c. protect the estate;

   d. negotiate with creditors;

   e. prepare pleadings; and

   f. comply with the US Trustee guidelines.

Andante Law Group will be paid a retainer in the amount of $8,000.

Andante Law Group will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joseph E. Cotterman, member of Andante Law Group, LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Andante Law Group can be reached at:

     Joseph E. Cotterman, Esq.
     ANDANTE LAW GROUP, LLC
     Scottsdale, AZ 85251
     Tel: (480) 421-9449
     Fax: (480) 522-1515
     E-mail: joe@andantelaw.com

                     About Stealth Software

Stealth Software, LLC, based in Scottsdale, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-12787) on November 7, 2016.
The Hon. Eddward P. Ballinger Jr. presides over the case. Joseph E.
Cotterman, at Andante Law Group, LLC, as bankruptcy counsel.

In its petition, the Debtor estimated $575,724 in assets and $1.40
million in liabilities. The petition was signed by Gerard Warrens,
chief executive officer.



STONE PANELS: Wants Retroactive Approval of Cash Collateral Use
---------------------------------------------------------------
Stone Panels, Inc., and Stone Panels Holding Corp. ask the U.S.
Bankruptcy Court for the Northern District of Texas for
authorization to use cash collateral.

The Debtors contend that they sold substantially all of their
assets in a transaction that closed on Nov. 2, 2016.  The Debtors
further contend that their authorization to use cash collateral
expired on Nov. 4, 2016, pursuant to the terms of the Final Cash
Collateral Order.

The Debtors tell the Court that they have been in discussions with
The Private Bank regarding the limited continued use of Cash
Collateral pursuant to the Budget.  The Debtors further tell the
Court that with the consent of The Private Bank, the Debtors were
required to expend a limited amount of Cash Collateral for certain
critical items related to post sale matters. For that reason, the
Debtors seek the retroactive approval of the Budget.

The proposed six-week Budget covers the period Nov. 5, 2016 through
Dec. 16, 2016.   The Budget provides for total expenses in the
amount of $228,500.

The Debtors relate that they continue to be in possession of
approximately $1,700,000, which The Private Bank asserts to be cash
collateral.  The Official Committee of Unsecured Creditors disputes
the debt claimed by The Private Bank and disputes that the funds on
deposit are The Private Bank's cash collateral.

A full-text copy of the Debtor's Motion, dated Nov. 16, 2016, is
available at
http://bankrupt.com/misc/StonePanels2016_1632856hdh11_217.pdf

                 About Stone Panels, Inc.

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.

The U.S. Trustee formed an Official Committee of Unsecured
Creditors, with 4 members: Brookside Mezzanine Fund III, L.P., IMAP
Global Logistics, Elite on Premise, and Brick-Works UK Ltd.  The
Official Committee of Unsecured Creditors is represented by Culhane
Meadows, PLLC.


STRIDE ACADEMY: S&P Lowers Rating on 2016 A&B Revenue Bonds to 'B-'
-------------------------------------------------------------------
S&P Global Ratings lowered its long-term rating to 'B-' from 'BB-'
on the city of Saint Cloud, Minn.'s series 2016A and series 2016B
lease revenue bonds, issued for the STRIDE Academy (academy).  S&P
Global Ratings also placed the rating on CreditWatch with negative
implications.

"The downgrade reflects our view of the heightened uncertainty with
regards to the academy's charter, which currently extends through
June 30, 2017," said S&P Global Ratings credit analyst Kaiti Wang.
"On Nov. 10, 2016, the school's authorizer, Friends of Education,
issued a notice of intent not to renew the school's charter because
the school has not continued to improve pupil learning and student
achievement based on declines in academic performance." Ms. Wang
added.

S&P understands the school is having a strategic planning session
on Nov. 18, 2016 with its board to address the non-renewal notice,
convince the current authorizer to renew, and explore other avenues
to continue its charter.


SUTTON 58 OWNER: Court Approves Dec. 13 Auction for Stalled Project
-------------------------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that U.S. Bankruptcy judge Sean Lane in New York sent the
site of a proposed 950-foot luxury residential tower on Manhattan's
East Side to the auction block, approving a sale process that seeks
to place the controversial project into new hands by the end of the
year.

According to the report, David Schechtman, a Meridian Investment
Sales broker handling the 267,000 square foot project, said a
number of "credible and very accomplished developers" are looking
at the land and other rights assembled for the building and that he
is expecting the project to bring more than $700 a square foot.

"It's a massive blank slate," he said in an interview with the WSJ.
"We think there's going to be a lot of people who show up for this
auction."

The report related that the auction is slated to take place Dec.
13, with an option to push the process back to Dec. 20.  Judge Lane
is expected to consider final approval of the sale to the winning
bidder within days of the auction and in time to wrap up the sale
before the end of the year, the report further related.

WSJ also noted that Judge Lane has yet to rule on a lawsuit
developer Joseph Beninati brought against lenders led by N. Richard
Kalikow.  In a complaint filed in bankruptcy court in July, Mr.
Beninati alleged Mr. Kalikow and family members strangled the
project of financing as the site was being prepared for
construction in a plot to "wrest control of the billion dollar
project" and "reap the greedy reward of all its profit," the report
related.  Mr. Beninati is seeking at least $100 million in damages,
the report said.

                   About BH Sutton Mezz LLC and
                       Sutton 58 Owner LLC

New York City-based BH Sutton Mezz LLC filed for Chapter 11
protection (Bankr. S.D.N.Y. Case No. 16-10455) on Feb. 26, 2016.
The petition was signed by Herman Carlinsky, president.  The Hon.
Sean H. Lane presides over the case.  Joseph S. Maniscalco, Esq.,
at Lamonica Herbst & Maniscalco, LLP, represents BH Sutton in its
restructuring effort.  The Debtor estimated assets at $100 million
to $500 million and debts at $10 million to $50 million.

Sutton 58 Owner LLC filed a separate Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 16-10834) on April 6, 2016.  Sutton Owner
estimated assets at $100 million to $500 million and debts at $100
million to $500 million.  Sutton Owner's business consists of the
ownership and operation of these real properties: (a) 428, 430 and
432 East 58th Street, New York, New York, 10022, including all air
rights and inclusionary air rights related thereto; and (b) the
cooperative apartments identified as 1R, 2D and 2N located at 504
Merrick Road, Lynbrook, New York 11583.  Sutton Owner seeks to
retain Joseph S. Maniscalco, Esq., and Jordan C. Pilevsky, Esq., at
Lamonica Herbst & Maniscalco, LLP, as its counsel.

Both cases are jointly administered.


TESORO CORP: S&P Puts 'BB+' CCR on CreditWatch Positive
-------------------------------------------------------
S&P Global Ratings said it placed its 'BB+' corporate credit rating
and 'BB+' senior unsecured issue-level rating on San Antonio,
Texas-based Tesoro Corp. on CreditWatch with positive
implications.

The CreditWatch listing reflects S&P's expectation that the
increased scale and diversity the transaction will provide will be
only partly offset by somewhat weaker near-term credit measures.

"We expect to resolve the CreditWatch listing when the transaction
closes sometime in the first half of 2017.  At close, Moody's would
expect to raise the rating on Tesoro by one notch to 'BBB-'," said
S&P Global Ratings credit analyst Michael Grande.


TESORO CORPORATION: Moody's Affirms Ba1 CFR; Outlook Positive
-------------------------------------------------------------
Moody's Investors Service affirmed Tesoro Corporation's ratings,
including the Ba1 Corporate Family Rating, the Ba1-PD Probability
of Default Rating (PDR), and the Ba2 senior unsecured notes
ratings.  The Speculative Grade Liquidity (SGL) rating was changed
to SGL-2 from SGL-1.  Tesoro's rating outlook remains positive.

The rating action follows Tesoro's announcement to acquire Western
Refining, Inc. (WNR, B1), parent of Northern Tier Energy, LLC (NTE,
B1) and a logistics subsidiary, Western Refining Logistics LP
(WNRL, B1).  The acquisition is a mostly stock transaction valued
over $6 billion, including assumption of roughly $1.8 billion WNR
debt (including NTE).  WNR wholly owns NTE and owns 55% of WNRL's
outstanding units.  Closing is expected in the first half of 2017.

"The Western Refining acquisition will further build momentum
Tesoro has towards achieving an investment grade rating," commented
Arvinder Saluja, Moody's Vice President -- Senior Analyst.  "The
transaction improves scale and asset diversity, and opens new
markets for Tesoro.  However, integration leading to synergies will
take time and entail execution risk amid a less favorable refining
industry backdrop."

                         RATINGS RATIONALE

The acquisition of WNR is credit positive despite the modest
increase in leverage from WNR and NTE debt, and from a potential
cash outlay of about $400 million for the acquisition, assuming a
maximum 10% cash election.  Moody's expects Tesoro's consolidated
debt to EBITDA to remain under 2.75x in 2017 although weakness in
crack spreads is likely to continue into at least the first half of
next year.  The acquisition provides strategic benefits as well,
including increased scale and crude sourcing advantages, exposure
to PADD II and PADD III markets with associated logistics assets
serving existing WNR refineries, and a material amount of potential
commercial, operational, and financial synergies. Nonetheless, the
achievement of synergies would not be immediate and entails
integration and execution risk in a volatile environment for
refining margins and crude prices.  The transaction also needs
regulatory approvals.

Tesoro's Ba1 CFR reflects its reasonably large and diversified
refining portfolio focused on the US West Coast and Midcontinent
region, with meaningful logistics and retail assets that are well
integrated into its refining system.  Its distributions from Tesoro
Logistics have become meaningful and are expected to increase,
which will further diversify Tesoro's EBITDA generation. The
company benefits from a good liquidity profile and sound financial
policy when considering the inherent cyclicality and volatility in
the refining sector and a rising capital spending program.  The
ratings are constrained by weakness in refining margins and by the
acquisition related increase in leverage and, to some extent,
integration risk.  Tesoro also has significant crude distillation
concentration in California, where it faces a strict regulatory
environment despite the West Coast crack spreads which are expected
to be more favorable in 2017 relative to elsewhere in the US.

The positive outlook reflects Moody's expectation that Tesoro will
generate strong levels of free cash flow, aided by meaningful and
increasing contributions from TLLP and WNRL, to support improved
credit metrics, while also balancing returning excess cash flow to
shareholders.

The ratings could be upgraded if the company demonstrates clear
evidence of successful integration, if it is expected to sustain
leverage below 2.5x beyond 2017, and if it maintains minimal amount
of secured debt in its capital structure.  The combined company
needs to show continuation of relatively conservative financial
philosophy, which balances targeting supportive credit metrics and
returning excess cash to shareholders.  In addition, for an
upgrade, Tesoro would have to demonstrate a plan for delevering the
combined company as the amount of assumed debt from this
transaction is greater than at Tesoro (before considering the debt
at its logistics subsidiary, Tesoro Logistics LP or TLLP, or at
WNRL).  The ratings could be downgraded if the integration leads to
material operational disruption.  Tesoro's ratings could also be
negatively impacted as a result of materially increased leverage
(resulting in retained cash flow to debt sustained below 10%,
outside of a short term cyclical low) arising from any combination
of significant unscheduled downtime, weaker than expected
liquidity, or additional debt funded acquisitions or share
repurchases.

Tesoro's senior unsecured notes are rated Ba2, one notch below the
Ba1 Corporate Family Rating, because of their contractual
subordination to Tesoro's $2 billion secured revolving bank credit
facility.  The revolver contains a security fall away provision in
the event Tesoro achieves an investment grade rating from either
Moody's or Standard and Poor's.  The revolver matures September
2020 and is secured by substantially all of Tesoro's crude oil and
refined product inventories plus cash and receivables of its active
domestic subsidiaries.

Tesoro's SGL-2 rating reflects a good liquidity profile, based on
the company's expected free cash flow generation through 2017 and
healthy cash balances.  As of Sept. 30, 2016, Tesoro had
$890 million in cash (excluding cash at TLLP) and nearly full
availability under its $2 billion secured borrowing base credit
facility due September 2020, net of $4 million in outstanding
letters of credit.  Availability under the revolver is not subject
to borrowing base redetermination.  Moody's expects Tesoro to
maintain high availability on the revolver into 2017 and use it
temporarily in conjunction with the WNR acquisition.  Covenant
clearance on minimum interest coverage and maximum
debt/capitalization ratios is expected to remain adequate.  As of
September 30, the company also had $44 million letters of credit
outstanding under uncommitted letter of credit agreements for
foreign crude oil purchases.  Tesoro has an ongoing dividend of
about $250 million annually which could increase by up to a third
post-close.  As of Sept. 30, Tesoro had a combined $1.1 billion
remaining under its authorized share repurchase programs.  Tesoro's
next upcoming debt maturity is Oct. 1, 2017, when
$450 million unsecured notes come due.

Tesoro Corporation, an independent US refining and marking company,
is headquartered in San Antonio, Texas.

The principal methodology used in these ratings was Refining and
Marketing Industry published in November 2016.



TESORO LOGISTICS: Moody's Affirms Ba2 CFR; Outlook Positive
-----------------------------------------------------------
Moody's Investors Service changed the rating outlook for Tesoro
Logistics, L.P.'s (TLLP) to positive from stable, and affirmed its
Ba2 Corporate Family Rating, Ba2-PD Probability of Default Rating,
Ba3 ratings on its senior unsecured notes, and SGL-3 Speculative
Grade Liquidity (SGL) rating.

"Tesoro Logistics' positive outlook reflects the company's strong
execution on its growth plans despite a challenging exploration and
production environment," commented Arvinder Saluja, Moody's Vice
President -- Senior Analyst.  "The proposed Western Refining
acquisition by TLLP's refining parent, Tesoro Corporation, is also
likely to expand its set of growth opportunities."

                        RATINGS RATIONALE

The positive outlook reflects Moody's expectation that TLLP will
continue to grow its scale and partnership cash flows by using a
prudent mix of equity and debt funding for its projects.  The
outlook change also incorporates the credit positive nature of
Tesoro Corporation's (Tesoro, Ba1 positive) proposed acquisition of
Western Refining, Inc. (WNR).

TLLP's Ba2 CFR reflects its growing size and scale, and decreasing
customer concentration.  TLLP's CFR also reflects its stable cash
flows from meaningful levels of long-term, fee-based contracts with
minimum volume commitments, and its growth potential from dropdowns
and organic projects.  TLLP's ratings recognize its importance to
its general partner, Tesoro, as the MLP provides critical
infrastructure and a coordinated growth strategy. Additional
support from Tesoro is derived from supportive contract structures
and its sizeable ownership stake in TLLP.  The rating is restrained
by TLLP's relatively short track record with its portfolio of
assets generating third-party revenues, high distributions
associated with its MLP structure, and lack of clarity about
Tesoro's plans for how it expects to manage both TLLP and WNR's
logistics subsidiary, Western Refining Logistics LP (WNRL).

TLLP's ratings could be upgraded if the company is successful in
growing its size and scale while maintaining a favorable business
risk profile and sustaining lower financial leverage (debt/ EBITDA
maintained at 4.5x or below).  An upgrade could also be considered
upon Tesoro's upgrade to investment grade.  The ratings could be
downgraded if debt/EBITDA were to be sustained above 5x or if the
company acquired a significant amount of new assets with a weak
business risk profile.  If Tesoro's credit quality were to
materially decline, this would also pressure TLLP's ratings.

TLLP's senior unsecured notes are rated Ba3, reflecting their
junior position to both senior secured first lien revolving credit
facilities' priority claim to company assets.  The size of the
senior secured claims relative to TLLP's outstanding senior
unsecured obligations results in the notes being rated one notch
below the Ba2 CFR, consistent with Moody's Loss Given Default
Methodology.  The unsecured notes have upstream guarantees from
substantially all of TLLP's subsidiaries.

The SGL-3 rating reflects Moody's expectation for adequate
liquidity through 2017.  TLLP's liquidity is supported by
$497 million of cash at Sept. 30, 2016, as well as a combined
$1.2 billion of availability under its two first lien revolving
credit facilities, which have a combined capacity of $1.6 billion.
The liquidity profile is constrained by the company's high payout
ratio and need to finance any material growth through external
sources.  Both credit facilities are secured by substantially all
of TLLP's assets, and mature in January 2021.  Financial covenants
require the interest coverage ratio to be at least 2.5x;
consolidated net debt to EBITDA to be no greater than 5x, with an
expansion to 5.5x during an acquisition period; and senior secured
debt to EBITDA to be no greater than 3.75x, with an expansion to 4x
during an acquisition period.  Moody's expects adequate covenant
compliance headroom through 2017.

Tesoro Logistics, L.P. is a master limited partnership
headquartered in San Antonio, Texas.

The principal methodology used in these ratings was Global
Midstream Energy published in December 2010.



TO & FRO: Hires Friedman as Accountant
--------------------------------------
To & Fro Transportation Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Joseph
Friedman, CPA, as accountant for Debtor-in-Possession.

The Debtor requires Friedman to assist the Debtor in preparing tax
returns, monthly operating reports, and a Plan of Reorganization.

The Debtor will compensate Friedman at $275 per hour.

Joseph Friedman, CPA, 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.

Friedman may be reached at:

     Joseph B. Friedman, CPA
     414 Browning Ln
     Cherry Hill, New Jersey 08003-3106
     E-mail: Joe@JoeFriedmanCPA.Biz
   
                  About To & Fro Transportation

To & Fro Transportation, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.N.J. Case No. 16-30270) on October
24, 2016.????The petition was signed by Rodney L. Bush-Rowland,
president.????At the time of the filing, the Debtor estimated
assets and liabilities of less than $500,000.


TRASK DEVELOPERS: Patel Buying Garden Grove Property for $1.2M
--------------------------------------------------------------
Judge Scott C. Clarkson of the U.S. Bankruptcy Court for the
Central District of California will convene a hearing on Dec. 15,
2016 at 11:00 a.m., to consider Trask Developers, LLC's bidding
procedures in connection with the sale of real property located at
10592 Trask Avenue, Garden Grove, California, APN 099-641-11, to
Suren Patel for $1,215,000, subject to overbid.

A copy of the Sale Agreement attached to the Motion is available
for free at:

      http://bankrupt.com/misc/Trask_Developers_115_Sales.pdf

On May 23, 2016, the Court entered an Order authorizing the joint
administration of the Debtor's case with the related case of In re
Paul Chieu Nguyen, bearing case no. 8:16-bk-11619-SC, which has
been designated as the "Lead Case."  Paul Chieu Nguyen is the chief
executive officer of, and holds a 50% membership interest in,
Trask.

On May 23, 2016, the Court also entered an Order authorizing the
Debtor's employment of Voit Real Estate Services to serve as its
broker for the purpose of marketing the property for sale.

A hearing on the Debtor's and Nguyen's First Amended Joint Chapter
11 Plan of Reorganization is currently set for hearing on Dec. 1,
2016.  Accordingly, the Debtors anticipate that the Court will
confirm the Joint Plan at the December 1st hearing.  If approved,
the Joint Plan provides for payment in full of all Allowed Claims
of the Debtors' Estates, generated from the sale of some or all of
the Debtors industrial real property.

The Debtor seeks authority to sell the property for $1,215,000,
cash, subject to overbid, which will result in the satisfaction of
the secured claim of the Orange County Tax Collector and partial
satisfaction of American Plus Bank secured claim.  The proposed
sale is made in conjunction with the Joint Plan and, if approved,
will assist the Debtors in effectuating the provisions of the Joint
Plan.

Subject to Court approval, the Debtor seeks authority to pay
certain costs of sale (estimated to be $7,051), the broker's
commission (estimated to be $36,450), and accrued real property
taxes upon the close of escrow.  The Debtor is aware of these
asserted liens or other interests in the property: (i) tax liens
asserted by the Orange County Tax Collector (estimated to be
$97,366); and (ii) cross-defaulted liens held by the Bank in the
original aggregate amount of $2,639,000.  Any undisputed claims of
the Orange County Tax Collector will be paid from the proceeds of
the sale.  The Debtor does not anticipate any tax liability from
the sale.

The Property is being sold on an "as is, where is" basis, with no
warranties, recourse, contingencies, or representations of any
kind, and free and clear of all liens, claims, and encumbrances.

The Buyer has offered to purchase the property for $1,215,000,
cash, and has already deposited $10,000 into escrow.  The Buyer
will have 3 business days following entry of a final order
approving the sale of the Property to deposit the remainder of the
purchase price into escrow.  However, the sale of the property is
subject to overbid pursuant to the proposed "Overbid Procedures."

The salient terms of the Overbid Procedures are:

    a. Overbid Amount: $1,245,000

    b. Overbid Deadline: Dec. 13, 2016 at 12:00 p.m. (PST)

    c. Bid Increment: $15,000

    d. Deposit: $50,000

    e. Auction: If the Debtor timely receives a higher and better
offer than the offer submitted by the Buyer, an auction will be
conducted at the hearing set for the Motion, either in the
courtroom or elsewhere, as ordered by the Court.  All Qualified
Bidders will be able to participate in an auction to be conducted
at the hearing on the Motion as is necessary in order to increase
their bid.  The Debtor will request authority to sell the property
to the bidder with the highest Overbid ("Winning Bidder"), and for
authority to sell the property to the next highest bidder if the
Winning Bidder fails to perform.  To be considered the highest
Overbid, any Overbid must be on the same terms and conditions of
the Purchase Agreement.

    f. Tender of Balance of Purchase Price: The Winning Bidder's
Deposit will be applied toward the total purchase price.  The
Winning Bidder must tender the balance of the total purchase price
by transferring the amount of $50,00 Deposit to the Debtor's
bankruptcy counsel's client trust account within 3 business days
following entry of a final order approving the sale of the property
to such buyer.  In the event that the Winning Bidder does not
tender the balance of the purchase price by such date and/or close
the sale in accordance with the terms of the Purchase Agreement,
(i) the sale to such buyer will be deemed terminated and cancelled
without further order of the court, at the Debtor's election, (ii)
the Deposit and any subsequent deposits will be forfeited to the
bankruptcy estate, and (iii) the Debtor will be authorized to
accept the offer made by the next highest Overbidder ("Back-Up
Bidder") and close the sale of the property to such Back-Up Bidder.
The Debtor reserves the right to reject any and all overbids that,
in its business judgment, are insufficient.

    g. Agreement To Terms and Overbid Procedures:  Any Overbidder's
tender of the Deposit to the Debtor's bankruptcy counsel will serve
as that Overbidder's agreement with these proposed overbid
procedures and the terms of sale of the property.

    h. Back-Up Bidder: Should the Buyer or an Overbidder submit an
overbid that is ultimately not deemed to be the successful final
over bid for the property, any such party may agree that its last
overbid may be deemed a back-up bid ("Back-Up Bid") should the
Winning Bidder fail to timely close escrow.  If such party so
agrees, it will be deemed a "Back-Up Bidder," and these additional
provisions will apply:

        (i) The Deposit of the Back-Up Bidder ("Back-Up Deposit")
will be retained by the Debtor pending closing of the sale to the
Winning Bidder.  Should the sale to the Winning Bidder close, the
Back-Up Deposit will be returned promptly.

       (ii) Should the sale to the Winning Bidder fail to close,
the Back-Up Bidder will be notified in writing by the Debtor, after
which notification the Back-Up Bidder will be able to "step into
the shoes" of the Winning Bidder, subject to the price offered by
the Back-Up Bidder at the hearing as approved by the Court.

      (iii) Should the Back-Up Bidder fail to timely consummate the
purchase of the property, the Debtor will retain, for the benefit
of the Estate, as liquidated damages for such failure, the Deposit
tendered to the Debtor in connection with the Overbid and any
additional monies paid towards the purchase price, which will be
retained free and clear of any claims and interests.

The Debtor believes that the sale of the property as set forth is
in the best interests of the Estate.  After solicitation of offers
for the property over the past few months, the current offer from
the Buyer is the best overall offer received to date.  Moreover,
the Overbid Procedures provide a process by which the Debtor could
secure a higher price for the property.

Based on the foregoing, the Debtor asks the Court that the Motion
be granted in all respects, and for such other and further relief
as the Court deems just and proper under the circumstances.

Pursuant to Local Bankruptcy Rule 9013-1(f), any party opposing the
relief requested in the Motion must file and serve a written
opposition no later than 14 days prior to the hearing on the
Motion.

The Purchaser can be reached at:

          Suren Patel
          Trask Ave.
          Garden Grove, CA 92843
          Telephone: (714) 539-5660
          Facsimile: (714) 539-2665
          E-mail: surenpatel@hotmail.com

                    About Trask Developers

Trask Developers LLC and Paul Chieu Nguyen, member and chief
executive officer of the company, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. C.D. Cal. Lead Case No.
16-11621)
on April 15, 2016.  

The case is assigned to Judge Scott C. Clarkson.

At the time of the filing, Trask Developers estimated assets at $1
million to $10 million and debt at $500,000 to $1 million.


TREND COMPANIES: Can Use Cash Collateral 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 cash collateral on
an interim basis.

The Debtor is indebted to First Financial Bank, N.A. in the amount
of $63,098 for a Promissory Note, and the amount of $116,886 for
another Promissory Note, as well as all fees, costs, expenses and
other charges with respect to the Promissory Notes.  The
indebtedness is secured by security interests in essentially all
assets of the Debtor.

First Financial Bank was granted an adequate protection claim
against the Debtor's estate, as well as a replacement lien in and
upon the prepetition collateral and all postpetition proceeds of
the prepetition collateral, and the postpetition collateral and all
its proceeds.

The Debtor was directed to pay First Financial Bank the sum of $200
per month on the first Promissory Note, and $600 per month on the
second Promissory Note, beginning on April 15, 2016.  The Debtor
was also directed to make monthly adequate protection payments to
GE Appliances, in the amount of $2,000, beginning on Oct. 20, 2016,
as adequate protection for the purchase money security interest
held by GE Appliances.

The final hearing on the Debtor's use of cash collateral is
scheduled on Jan. 10, 2017.

A full-text copy of the Order, dated Nov. 16, 2016, is available at

http://bankrupt.com/misc/TrendCompanies2016_1630258acs_104.pdf

First Financial Bank, N.A., is represented by:

          Jeffrey M. Hendricks, Esq.
          GRAYDON HEAD
          1900 Fifth Third Center
          511 Walnut Street
          Cincinnati, OH 45202
          Telephone: (513) 629-2786

GE Appliances is represented by:

          Phillip A. Martin, Esq.
          Elizabeth B. Alphin, Esq.
          FULTZ MADDOX DICKENS, PLC
          2700 National City Tower
          Louisville, KY 40202
          Telephone: (502) 582-6000

                About The Trend Companies of Kentucky

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.



TRIANGLE USA: Gibson, Young Stop Representing Franklin, Prudential
------------------------------------------------------------------
Gibson, Dunn & Crutcher LLP and Young Conaway Stargatt & Taylor,
LLP, in connection with Triangle USA Petroleum Corporation, et
al.'s Chapter 11 cases filed with the U.S. Bankruptcy Court for the
District of Delaware a third supplemental verified statement
pursuant to Rule 2019 of the Federal Rules of Bankruptcy
Procedure.

On July 25, 2016, the Firms filed a verified statement pursuant to
Federal Rule of Bankruptcy Procedure 2019.  In the First Verified
Statement, the Firms disclosed its representation of Chambers
Energy Capital, Eaton Vance Management, Franklin Advisers, Inc.,
J.P. Morgan Securities LLC (with respect to only its Credit Trading
group), Prudential Financial, Inc., Shenkman Capital Management,
Inc. (on behalf of certain advisory accounts in its capacity as
Investment Manager), and Southeastern Asset Management, Inc. in the
Chapter 11 cases.

On Sept. 13, 2016, the Firms filed the first supplemental verified
statement pursuant to Federal Rule of Bankruptcy Procedure 2019.
In the First Supplemental Verified Statement, the Firms disclosed
that it no longer represents Franklin Advisers, Inc., in these
Chapter 11 cases.

On Sept. 27, 2016, the Firms filed the second supplemental verified
statement pursuant to Federal Rule of Bankruptcy Procedure 2019.
In the Second Supplemental Verified Statement, the Firms disclosed
that they no longer represent Prudential Financial, Inc., in these
Chapter 11 cases.

In accordance with Bankruptcy Rule 2019, the Firms supplemented the
First Verified Statement, the First Supplemental Verified Statement
and the Second Supplemental Verified Statement to provide an
updated list, a copy of which is available at https://is.gd/zYTLvT,
of the names and addresses of, and the nature and amount of all
disclosable economic interests held by, certain holders of the
notes in relation to the Debtors.

Additionally, the Firms disclosed that they have been retained by
Wilmington Trust, National Association, in its capacity as
Indenture Trustee under that certain Indenture, dated as of July
18, 2014, in respect of the Debtors' 6.75% Senior Notes due 2022,
to serve as its special co-counsel.

The Firms make no representation regarding the amount, allowance,
or priority of such claims, and reserves all rights with respect
thereto.  The Firms also hold no disclosable economic interests in
relation to the Debtors.

Neither the filing of the Third Supplemental Verified Statement nor
any subsequent appearance, pleading, claim, or suit is intended or
will be deemed to waive: (i) the right to have orders in non-core
matters entered only after de novo review by a district court; (ii)
the right to trial by jury in any proceeding so triable in any
case, controversy or adversary proceeding; or (iii) the right to
have the reference withdrawn in any matter subject to mandatory or
discretionary withdrawal of the Ad Hoc Noteholders and Indenture
Trustee.  In addition, all other rights, claims, actions, defenses,
setoffs, or recoupments to which the Ad Hoc Noteholders and
Indenture Trustee are or may be entitled under agreements, in law,
or in equity, all of which rights, claims, actions, defenses,
setoffs, and recoupments are expressly reserved, and nothing
contained in the Third Supplemental Verified Statement should be
construed as a limitation upon, or waiver of, any of the Ad Hoc
Noteholders' and Indenture Trustee's rights to assert, file and
amend their claims or statements of interests in accordance
with applicable law and any orders entered in these Chapter 11
cases.

The Firms reserve the right to amend or supplement this Third
Supplemental Verified Statement in accordance with the requirements
set forth in Bankruptcy Rule 2019.

The Creditors and their economic interests are:

                                         Principal Amount
Name and Address of Creditor        6.75% Senior Notes due 2022
----------------------------        ---------------------------
Chambers Energy Capital
600 Travis Street, Suite 4700
Houston, TX 77702                           $9,000,000

Eaton Vance Management
Two International Place
Boston, MA 02110                           $11,000,000

J.P. Morgan Securities LLC,
with respect to only its
Credit Trading group
383 Madison Avenue, Level 3
New York, NY 10179                         $58,793,000

Shenkman Capital Management, Inc.
on behalf of certain advisory accounts
in its capacity as Investment Manager
461 Fifth Avenue, 22nd Floor
New York, NY 10017                         $42,375,000

Southeastern Asset Management, Inc.
6410 Poplar Avenue, Suite 900
Memphis, TN 38119                         $188,292,000

The Firms can be reached at:

      Andrew L. Magaziner, Esq.
      YOUNG CONAWAY STARGATT & TAYLOR, LLP
      Rodney Square
      1000 North King Street
      Wilmington, Delaware 19801
      Tel: (302) 571-6600
      Fax: (302) 571-1253
      E-mail: sbeach@ycst.com
              amagaziner@ycst.com

          -- and --

      Matthew J. Williams, Esq.
      Shira D. Weiner, Esq.
      GIBSON, DUNN & CRUTCHER LLP
      200 Park Avenue
      New York, New York 10166-0193
      Tel: (212) 351-4000
      Fax: (212) 351-4035
      E-mail: mjwilliams@gibsondunn.com
              sweiner@gibsondunn.com

            About Triangle USA Petroleum Corporation

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
(Bankr.
D. Del. Lead Case No. 16-11566) on June 29, 2016.  The cases are
pending before Judge Mary F. Walrath.

The Debtors have engaged Sarah E. Pierce, Esq., at Skadden, Arps,
Slate, Meagher & Flom LLP as counsel, AP Services, LLC, as
financial advisor, PJT Partners Inc. as investment banker and Prime
Clerk LLC as claims & noticing agent.

At the time of the filing, TUSA estimated assets in the range of
$500 million to $1 billion and liabilities of up to $1 billion.


UNITED METALS: Unsecureds Get $704.44 Per Month For 5 Yrs.
----------------------------------------------------------
United Metals Holding, LLC, filed with the U.S. Bankruptcy Court
for the Eastern District of Michigan a combined disclosure
statement and plan of reorganization.

The Debtor will pay a dividend of 3% to the Class 2 General
Unsecured Claims, which will be paid over 60 monthly installments
in the amount of $704.44.  These payments, as with all plan
payments, may be prepaid.  The General Unsecured Claims total
$1,408,886.57.

The Debtor reasonably believes that its future operations will
generate sufficient funds to satisfy its obligations under the
Plan.  To the extent that additional funds are necessary, third
parties may provide funds to the Reorganized Debtor.  Other sources
of cash may be explored and utilized by the Reorganized Debtor to
the extent that such cash infusions are necessary to meet the
obligations of the Plan.  It is also contemplated that the final
payments under the Plan will be made by refinancing or selling the
property, to the extent necessary.  By way of example, the rents
from the Debtor's tenant, Silvers Metal Company, shall assist in
funding the plan payments.  

If necessary, the Reorganized Debtor may, in its sole discretion,
seek to obtain refinancing from either a lending institution or
from other sources in an effort to satisfy the necessary cash
payments described in the Plan.  In the event that the Reorganized
Debtor obtains financing, it will not obligate the Reorganized
Debtor to accelerate any of the payments or obligations set forth
in the Plan.  There will be no prepayment penalty regarding plan
payments.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/mieb16-51251-34.pdf

                  About United Metals Holding

United Metals Holding, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E. D. Mich. Case No. 16-51251) on Aug.
11, 2016.  The petition was signed by Steven T. Silverstein,
member.  

The case is assigned to Judge Mark A. Randon.

At the time of the filing, the Debtor estimated assets of less than
$500,000 and liabilities of $1 million to $10 million.

Robert Bassel, Esq.,  who has an office in Clinton, Michigan,
serves as the Debtor's bankruptcy counsel.


UNITED REHABILITATION: Disclosure Statement Hearing on Dec. 20
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
is set to hold a hearing on December 20, at 9:30 a.m., to consider
approval of the disclosure statement explaining the Chapter 11 plan
of The United Rehabilitation Services, Inc.

The hearing will take place at Courtroom No. 2, Max Rosenn U.S.
Courthouse, 197 South Main Street, Wilkes-Barre, Pennsylvania.
Objections are due by December 8.

Under the Debtors' first amended plan of reorganization, the
Debtors will continue to market the real property at 489 West Broad
Street, Hazleton, Pennsylvania, for sale.  Once a suitable buyer is
located, the Debtor will seek approval of the sale through the
Court.  The Debtor will pay at closing the realtor's commission,
real estate taxes prorated, ordinary expenses of sale, and attorney
fees and costs for seeking court approval of the sale and to
complete the sale transaction.  Proceeds will also be paid from
closing to reimburse the holdback account for the post-confirmation
expenses of the real property.  The net proceeds of the sale will
be paid to Class 2 Commonwealth of PA - UCTS -- estimated at
$270,553.73 -- in full satisfaction of the lien.  The lienholder
will release its lien as part of the closing of the sale.  UCTS
will retain its liens on the real property until the obligation is
paid.

Within 60 days after the Effective Date the Debtor will make a
lump
sum distribution to creditors in the amount of no less than
$625,000 which will pay creditors in this order: (i) priority
claims; and (ii) the balance of the distributed, pro rata, to
allowed Class 3 General Unsecured Claims.

The Debtor will retain the remaining cash on hand in a holdback
account for ongoing administrative expenses pending he receipt of
additional funds from the sale of the real property, recovery of
any claims for the unauthorized transfer, and any return from the
draw on the letter of credit.

Payments and distributions under the Plan will be funded from cash
on hand, funds from sale of real property, any proceeds of
litigation, and any recovery of unused draw on letter of credit.

The First Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/pamb15-056147-101.pdf

                  About United Rehabilitation

The United Rehabilitation Services filed a petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Pa. Case No.
15-05147) on Nov. 30, 2015.  United continues as a debtor in
possession at this time.  The Hon. John J Thomas presides over the
case.  Lisa M. Doran, Esq., at Doran & Doran, P.C., serves as the
Debtor's counsel.


UPPER ROOM BIBLE: Hires Stewart Robbins as Attorney
---------------------------------------------------
The Upper Room Bible Church, Inc., seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to employ
Stewart Robbins & Brown, LLC as attorneys to the Debtor.

The Upper Room Bible requires Stewart Robbins to:

   a. give the Debtor legal advice with respect to the Debtor's
      powers and duties as a debtor-in-possession in the
      continued operation of the Debtor's business and management
      of the Debtor's property; and

   b. perform all legal services for the debtor-in-possession
      which may be necessary in the bankruptcy case.

Stewart Robbins will be paid at these hourly rates:

     Ryan J. Richmond                $315
     Brandon A. Brown                $350
     P. Douglas Stewart, Jr.         $360
     William S. Robbins              $350
     Brooke Altazan                  $275
     Staff                           $90

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

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

Brandon A. Brown, member of Stewart Robbins & Brown, LLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Stewart Robbins can be reached at:

     Brandon A. Brown, Esq.
     STEWART ROBBINS & BROWN, LLC
     620 Florida Street, Suite 100
     Baton Rouge, LA 70801-1741
     Tel: (225) 231-9998
     Fax: (225) 709-9467
     E-mail: bbrown@stewartrobbins.com

                    About The Upper Room Bible

The Upper Room Bible Church, Inc. filed a Chapter 11 petition
(Bankr. E.D. La. Case No. 16-12757), on November 8, 2016, listing
under $1 million in assets and debts.  The Debtor is represented P.
Douglas Stewart, Jr., Esq., Brandon A. Brown, Esq., and Ryan J.
Richmond, Esq., at Stewart Robbins & Brown, LLC.


US ENERGY MANAGEMENT: Unsecureds To Recover 100% Within 6 Yrs.
--------------------------------------------------------------
U.S. Energy Management, Inc., filed with the U.S. Bankruptcy Court
for the Northern District of Texas a disclosure statement for the
Debtor's plan of reorganization dated Sept. 19, 2016.

Holders of Class 4 Unsecured Claims and Rejection Claims that
become allowed claims will receive a one-time payment of $1,000
within 180 days of the Effective Date, or 100% of allowed claim
paid a pro rata share in equal quarterly payments within six years
of the Effective Date or the date the claims become allowed claim
as creditor elects.  The estimated amount of Allowed Unsecured
Claims is approximately $264,568.

The Plan specifically contemplates use of proceeds to satisfy in
this order, (1) unpaid administrative claims and tax claims that
are or become allowed claims, (ii) secured claims to the extent
they are or become allowed claims, (iii) unsecured claims that are
or become allowed claims which will receive a pro rata share of in
equal quarterly payments to be satisfied within six years of the
Effective Date or the Date such claims become allowed claims
whichever is later unless the on-time payment option is chosen.
The Reorganized Debtor will retain all estate property, including
all property of the Debtor, to the extent same are assets of the
Debtor's bankruptcy estate, as well as all avoidance actions, but
will not include any exempt property of the Debtor.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb16-31941-60.pdf

The Plan was filed by the Debtor's counsel:

     Reedy Macque Spigner, Esq.
     Denise Turnbull, Esq.
     555 Republic Drive, Suite 101
     Plano, Texas 75074
     Tel: (972) 881-0581
     Fax: (972) 424-1309

US Energy Management, Inc., is a non-public corporation.  Since
2009, the Debtor has been in the business of lighting design.  US
Energy Management is an energy management company established
4/2009.  The Debtor specializes in energy efficient lighting design
and implementation services for industrial, commercial,
manufacturing, warehousing, retail, office and parking garages.
The Debtor's designs lower electricity consumption and improve
facility conditions through energy efficient lighting design and
installation.  The Debtor is owned and operated by Brad Hitchcock
who owns a 50% share of the stock and Holly Hitchcock who owns the
remaining 50% stock interest in Debtor.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Tex. Case No. 16-31941) on May 12, 2016, listing
$100,001 to $1,000,000 in both assets and liabilities.

Dan E. Martens, Esq., at the Law Office of Dan E. Martens serves as
the Debtor's bankruptcy counsel.


VAL COLE: Hires Dean W. Greer as Counsel
----------------------------------------
Val Cole Enterprises, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Texas to employ the
Law Firm of Dean W. Greer as counsel for the Debtor in Possession.

The Debtor requires the Firm to:

      a. advise and consult with Debtor as to its powers and duties
in the continued operation of its business and management of its
properties during bankruptcy;

      b. take actions as may be necessary to preserve and protect
the Debtor's assets, including, if required by the facts and
circumstances, the prosecution of adversary proceedings and other
actions on Debtor's behalf, the defense of actions commenced
against Debtor, negotiations concerning litigation in which Debtor
is involved, objection to the allowance of any objectionable claims
filed against Debtor's estate and estimation of claims against the
estates where appropriate;

      c. prepare, on behalf of the Debtor, necessary applications,
motions, complaints, adversary proceedings, answers, orders,
reports, and other pleadings and legal documents, in connection
with matters affecting the Debtor and its estate;

      d. assist Debtor in the development, negotiation and
confirmation of a plan of reorganization and the preparation of a
disclosure statement in respect thereof; and

      e. perform other legal services that the Debtor may request
in connection with this chapter 11 case and pursuant to the
bankruptcy Code.

The Firm will be paid at these hourly rates:

       Dean W. Greer, Esq.              $300
       Legal Assistant                  $75

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

Dean W. Greer, Esq., of the Law Firm of Dean W. Greer, 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.

The Firm may be reached at:

       Dean W. Greer, Esq.
       Law Firm of Dean W. Greer
       2929 Mossrock, Suite 117
       San Antonio, TX 78230
       Phone: (210)342-7100

           About Val Cole Enterprises, LLC

Val Cole Enterprises, LLC filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Tex. Case No. 16-52493) on October 31, 2016. Hon.
Craig A. Gargotta presides over the case.??The  Law Firm of Dean W.
Greer represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to??$10 million in
both assets and liabilities. The petition was signed by James
Downs, Jr., president.


VANGUARD HEALTHCARE: Wants BCF Premium Finance Agreement Approved
-----------------------------------------------------------------
Vanguard Healthcare, LLC, and its affiliated debtors ask the U.S.
Bankruptcy Court for the Middle District of Tennessee to approve
its Commercial Insurance Premium Finance and Security Agreement
with BankDirect Capital Finance.

The Debtor relates that pursuant to the Premium Financing
Agreement, BankDirect will provide financing to Vanguard Healthcare
for the purchase of an insurance policy providing, among other
things, workers' compensation and employers' liability insurance
coverage essential for the operation of the Debtors' business.  

The Debtor tells the Court that under the Premium Financing
Agreement, the amount financed is $866,541.  The Debtor further
tells the Court that under the Premium Financing Agreement,
Vanguard Healthcare will become obligated to pay to BankDirect the
sum of $880,865 in nine monthly installments of $97,874 each.  The
Debtors add that the first payment under the Premium Financing
Agreement is due on Feb. 1, 2017, and the subsequent payments are
due on or about the first day of each succeeding month.  The
Debtors contend that the use of any cash collateral to pay the
obligations under the Premium Financing Agreement is consistent
with the Court's Cash Collateral Order.

Debtor Vanguard Healthcare will grant BankDirect a security
interest in, among other things, the unearned premiums of the
Policy, as collateral to secure the repayment of the indebtedness
due under the Premium Financing Agreement.

The Debtors and BankDirect agree that the following adequate
protection is appropriate for their situation:

     (a) Vanguard Healthcare is authorized and directed to timely
make all payments due under the Premium Financing Agreement and
BankDirect will be authorized to receive and apply such payments to
the indebtedness owed by Vanguard Healthcare to BankDirect as
provided in the Premium Financing Agreement; and

     (b) If Vanguard Healthcare does not timely make any of the
payments due under the Premium Financing Agreement as they become
due, the automatic stay will automatically lift to enable
BankDirect and/or third parties, including the insurance company
providing the coverage under the Policy, to take all steps
necessary and appropriate to cancel the Policy, collect the
collateral and apply such collateral to the indebtedness owed to
BankDirect by Vanguard Healthcare.

The Debtors submit that the relief they are requesting is a sound
exercise of their business judgment and will benefit the Debtors,
their estates, their creditors, and all other parties in interest.

A hearing on the Debtor's Motion is scheduled on Dec. 20, 2016 at
9:00 a.m.  The deadline for the filing of responses to the Debtor's
Motion is set on December 9, 2016.

A full-text copy of the Debtor's Motion, dated Nov. 18, 2016, is
available at
http://bankrupt.com/misc/VanguardHealthcare2016_316bk03296_655.PDF

                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.  The cases are assigned to Judge Randal S.
Mashburn.

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 U.S. Trustee for Region appointed seven creditors of Vanguard
Healthcare, LLC, to serve on the official committee of unsecured
creditors.  The committee members are Kindred Nursing Centers East,
L.L.C., Medline Industries, Inc., Healthcare Services Group, Inc.,
Kirk F. Hebert, Signature Healthcare, LLC, et al., Express Courier,
and Rezult Group, Inc.


VILLAS DEL MAR: BPPR Wants to Prohibit Cash Collateral Use
----------------------------------------------------------
Secured Creditor Banco Popular De Puerto Rico asks the U.S.
Bankruptcy Court for the District of Puerto Rico to prohibit Villas
Del Mar Hau, Inc., from using Banco Popular's cash collateral.

Banco Popular recounts that the Debtor had entered into various
loan agreements where Banco Popular provided certain credit
facilities to the Debtor.  Banco Popular claims the loans are
secured by, among other things, a real estate collateral which
operates as a resort called Parador Villas del Mar Hau.  The Debtor
generates rents by renting hotel rooms within the Real Estate
Collateral.

Banco Popular tells the Court that under the Loan Documents, the
Debtor granted it with a lien over, among other things, all of its
pre- and post-petition rents and revenue generated by the Real
Estate Collateral.  Banco Popular further tells the Court that as
of the Petition Date, it holds a valid, perfected, and secured
claim in the amount of $1,409,903.

Banco Popular says that its Stipulation, which was approved by the
Court, allowed the Debtor to use cash collateral until Sept. 30,
2016, and that since the Stipulation End Date, Banco Popular had
engaged in good faith efforts with the Debtor to attempt to reach
an agreement whereby Banco Popular could have extended its consent
to the use of its cash collateral and pave the way towards the
potential confirmation of a consensual plan.  Banco Popular further
says that despite its best efforts, the Debtor has failed to
provide Banco Popular with the information it requested as part of
the discussions and that the parties have not been able to reach an
agreement.

Banco Popular asserts that the Debtor has not requested an order
authorizing the use of cash collateral.  Banco Popular further
asserts that the Debtor has failed to provide it with adequate
protection.  It requests the Court to prohibit any and all use of
the cash collateral and to direct the Debtor to deliver the cash
collateral to Banco Popular.

A full-text copy of Banco Popular De Puerto Rico's Motion, dated
Nov. 18, 2016, is available at
http://bankrupt.com/misc/VillasDelMar2015_1510146esl11_86.pdf

Banco Popular de Puerto Rico is represented by:

          Luis C. Marini, Esq.
          Carolina Velaz-Rivero, Esq.
          O'NEILL & BORGES, LLC
          250 Munoz Rivera Avenue, Suite 800
          San Juan, PR 00918-1813
          Telephone: (787) 764-8181
          E-mail: luis.marini@oneillborges.com
                  carolina.velaz@oneillborges.com

                            About Villas Del Mar Hau

Villas Del Mar Hau, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 15-10146) on Dec. 22, 2015. The
petition was Myrna Hau Rodriguez, president/owner.  The Debtor is
represented by Victor Gratacos Diaz, Esq., at Gratacos Law Firm.
The case is assigned to Judge Enrique S. Lamoutte Inclan.  The
Debtor disclosed total assets of $3.80 million and estimated total
debts of $4.46 million at the time of the filing.


WESTERN REFINING: Moody's Puts B1 CFR Under Review for Upgrade
--------------------------------------------------------------
Moody's Investors Service placed the ratings of Western Refining,
Inc. (WNR), Northern Tier Energy, LLC's (NTE) and Western Refining
Logistics, LP (WNRL) under review for upgrade following the
announcement that Tesoro Corporation (Tesoro, Ba1 positive) has
entered into an agreement to acquire WNR in a transaction valued at
approximately $6.4 billion.  Tesoro has stated it plans to
refinance WNR's and NTE's outstanding roughly $1.8 billion of notes
and term loans.

These summarizes the rating actions.  Moody's expects the ratings
at WNR and NTE will be withdrawn after completion of the
acquisition and refinancing of the debt.

Issuer: Western Refining, Inc.

Ratings placed under review:

  Corporate Family Rating, B1
  Probability of Default Rating, B1-PD
  Senior Secured Term Loan B due 2020, B1 (LGD3)
  $500 million Secured Term Loan B-2 due 2023, B1 (LGD3)
  Senior Unsecured Notes due 2021, B3 (LGD5)

Ratings unchanged:
  Speculative Grade Liquidity Rating, SGL-2

Outlook Action:
  Changed to Rating Under Review from stable

Issuer: Northern Tier Energy, LLC
  Ratings placed under review:
  Corporate Family Rating, B1
  Probability of Default Rating, B1-PD
  Senior Secured Notes due 2020, B1 (LGD 4)

Ratings unchanged:
  Speculative Grade Liquidity Rating, SGL-3

Outlook Action:
  Changed to Rating Under Review from stable

Issuer: Western Refining Logistics, LP
  Ratings placed under review:
  Corporate Family Rating, B1
  Probability of Default Rating, B1-PD
  Senior Unsecured Notes due 2023, B3 (LGD5)

Ratings unchanged:
  Speculative Grade Liquidity Rating, SGL-3

Outlook Action:
  Changed to Rating Under Review from stable

                         RATINGS RATIONALE

Under the acquisition terms announced, WNR shareholders will
receive 0.4350 shares of Tesoro common stock per WNR common share
with up to a 10% optional cash election.  The $404 million maximum
cash component of the purchase price can be financed from Tesoro's
existing balance sheet cash.  The debt at WNR and NTE will be
refinanced with either proceeds from committed bridge financing or
new debt issued prior to the close of the acquisition.  The WNR
acquisition will not impact WNRL's equity ownership or the
outstanding WNRL debt.  The transaction is expected to close in the
first half 2017 and is subject to shareholder and regulatory
approvals.

The review of WNR's, NTE's and WNRL's ratings for upgrade reflects
the planned acquisition by Tesoro and the positive impact on their
respective credit profiles.  The review will focus on the ultimate
capital structure and leverage of the consolidated entities
following the transaction, their position in Tesoro's corporate
structure and whether there is sufficient information for Moody's
analysis.  Additionally, the review will consider Tesoro's
financial philosophy, ability to de-lever and growth plans.  Tesoro
has been acquisitive, but the mostly equity purchase price will
result in a reduction of Tesoro's leverage following the WNR
acquisition.

The principal methodology used in rating Western Refining, Inc. and
Northern Tier Energy, LLC was the Refining and Marketing Industry
published in November 2016.  The principal methodology used in
rating Western Refining Logistics, LP was the Global Midstream
Energy published in December 2010.

Western Refining, Inc., headquartered in El Paso, Texas, is an
independent refining and marketing company that operates three
refineries.  Northern Tier Energy LLC (NTE), which is wholly-owned
by Western Refining, Inc., operates the St. Paul Park (SPP)
refinery and 165 retail convenience stores under the SuperAmerica
brand.  WNR owns the General Partner interest and a 52.6% LP
interest in Western Refining Logistics, LP (WNRL) (as of Sept. 30,
2016).


WESTERN REFINING: S&P Puts 'B+' CCR on CreditWatch Positive
-----------------------------------------------------------
S&P Global Ratings said it placed its 'B+' corporate credit ratings
on El Paso, Texas-based Western Refining Inc. and operating
subsidiary Northern Tier Energy L.P. on CreditWatch with positive
implications.  S&P also placed its 'B+' senior secured rating and
'B' senior unsecured rating on Western and 'BB-' senior secured
rating on Northern Tier on CreditWatch with positive implications.

At the same time, S&P placed its 'B' corporate credit and senior
unsecured issue ratings on MLP Western Refining Logistics on
CreditWatch with positive implications.

"The CreditWatch listing reflects our expectation that we will
raise the ratings on Western and Northern Tier in line with those
of Tesoro," said S&P Global Ratings credit analyst Michael Grande.
"We view the increased scale and diversity the transaction provides
as partly offset by somewhat weaker credit measures."

Western Refining will become a wholly owned subsidiary of Tesoro
and its operations will be integrated with Tesoro's, with Tesoro
assuming Western's debt of about $1.7 billion.

S&P expects to resolve the CreditWatch listing on Western, Northern
Tier, and Western Refining Logistics when the transaction closes
sometime in the first half of 2017.  At close, S&P would expect to
raise the rating on Western and Northern Tier four notches to
'BBB-', which will be in line with S&P's assessment of the pro
forma consolidated group credit profile of Tesoro.  S&P's corporate
credit rating and senior unsecured issue rating on Western Refining
Logistics would likely be raised one notch to 'B+'.


WHITE MOUNTAIN: Plan Confirmation Hearing on Dec. 13
----------------------------------------------------
The Hon. Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for
the District of Arizona has conditionally approved White Mountain
Lodging, Inc.'s first amended disclosure statement referring to the
Debtor's plan of reorganization.

A hearing to consider the final approval of the Debtor's First
Amended Disclosure Statement as well as the confirmation of the
Debtor's First Amended Plan will be held on Dec. 13, 2016, at 10:00
a.m.

The last day for filing written objections to the Debtor's
conditionally approved First Amended Disclosure Statement and
written objections to the confirmation of the Debtor's First
Amended Plan is fixed at seven days prior to the plan confirmation
hearing.

The last day for creditors, equity security holders, and other
parties in interest, to have submitted their ballots to the counsel
for the Debtor for or against confirmation of the Plan is fixed at
seven days prior to the plan confirmation hearing.  Ballots will
have been delivered to or received by the counsel for the Debtor by
5:00 p.m. (AZMST) seven days prior to the plan confirmation
hearing.  The Debtor will submit a vote tally on or before three
days prior to the plan confirmation hearing.

White Mountain Lodging, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. Ariz. Case No. 13-01121).  The Debtor is
represented by:

     William R. Richardson, Esq.
     RICHARDSON & RICHARDSON, P.C.
     1745 South Alma School Road
     Corporate Center, Suite 100
     Mesa, Arizona 85210-3010
     Tel: (480) 464-0600
     Fax: (480) 464-0602
     E-mail: wrichlaw@aol.com


XTERA COMMUNICATIONS: Files for Bankruptcy on Liquidity Issues
--------------------------------------------------------------
BankruptcyData.com reported that according to documents filed by
Xtera Communications and its affiliates with the Bankruptcy Court,
"Over the course of the past nine months, the Debtors have
experienced significant liquidity issues that have hindered their
ability to make payments in the ordinary course of business.
Revenues have declined in part due to the expiration of certain key
contracts, revised terms on certain renewed contracts that are less
favorable for the Debtors than prior contracts.  The Debtors do not
have sufficient liquidity to continue operating outside of
bankruptcy, and the pursuit of a sale transaction during these
chapter 11 cases presents the best available option to maximize
value for the Debtors' estates."

                    About Xtera Communications

Xtera Communications and seven affiliated debtors filed for Chapter
11 protection (Bankr. D. Del. Lead Case No. 16-12577) on Nov. 15,
2016.  The Company sells telecommunications-related optical
transport solutions.  The Company disclosed $50.47 million in
assets and $66.45 million in total debt as of the bankruptcy
filing.

The Company tapped Stuart Brown of DLA Piper as counsel; Cowen &
Company as investment banker; and Epiq Systems Inc. as claims
agent.


XTERA COMMUNICATIONS: Seeks Court OK of $7.4M DIP Financing Deal
----------------------------------------------------------------
BankruptcyData.com reported that Xtera Communications filed with
the U.S. Bankruptcy Court a motion for entry of interim and final
orders authorizing the debtors to obtain post-petition financing,
granting liens and providing super-priority administrative expense
status, granting adequate protection and scheduling a final
hearing.  The D.I.P. facility consists of super-priority
post-petition financing is made up of a term loan in the principal
amount of up to $7,409,793. H.I.G. European Capital Partners is the
D.I.P. lender, and Wilmington Trust is the administrative and
collateral agent.  The motion explains, "The agreement with H.I.G.
contemplates approximately $7.4 million in senior debtor in
possession financing secured by substantially all assets of the
Debtors to fund the Debtors through a sale process.  Additionally,
an affiliate of H.I.G. is acting as stalking horse bidder to
purchase all of the Debtor's assets for a purchase price of $10
million inclusive of amounts due under the DIP Financing.  Upon
entry of an interim order approving the DIP Facility, the entire
principal amount of the DIP Loans will be available to be borrowed
by the Debtors for immediate deposit into a blocked account held by
the DIP Agent in trust for the DIP Lenders.  The DIP Loans will
bear interest at a rate of Adjusted LIBOR (subject to a 1.00%
floor) plus 6% per annum, which interest shall be paid in cash
monthly (or weekly, at the Borrower's option) and upon any
repayment of prepayment of principal; provided that upon the
occurrence of any event of default under the DIP Facility such
interest rate margin shall automatically increase by an additional
2%."

                   About Xtera Communications

Xtera Communications Inc. sells high-capacity, cost-efficient
optical transport solutions, supporting the high growth in global
demand for bandwidth to telecommunications service providers.

Xtera Communications Inc. and seven affiliated debtors filed for
Chapter 11 protection (Bankr. D. Del. Lead Case No. 16-12577) on
Nov. 15, 2016.

The petition was signed by Joseph R. Chinnici, chief financial
officer.

The Debtors disclosed $50.47 million in assets and $66.45 million
in liabilities.

The Debtors are represented by Stuart Brown, Esq., of DLA Piper.
Cowen & Company serves as financial advisor and investment banker.
Epiq Systems, Inc., has been tapped as claims agent.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
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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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