TCR_Public/161207.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, December 7, 2016, Vol. 20, No. 341

                            Headlines

2908 LOVERS LANE: Case Summary & 9 Unsecured Creditors
399 LONE OAK: Voluntary Chapter 11 Case Summary
4099 HIGHWAY: Hires Womac Law as Counsel
AIM STEEL: Creditors' Panel Hires Hays Potter as Counsel
ALLSTATE CORP: Fitch Assigns 'BB+' Preferred Stock Rating

ALTA MESA: S&P Affirms 'B-' Rating on Sr. Unsecured Notes
AMBROSIO HERNANDEZ JR: Plan Confirmation Hearing on Jan. 4
AMERICAN AIRLINES: Fitch Affirms 'BB-' LT Issuer Default Rating
AMERICAN APPAREL: Hires Mark Weinsten of Berkeley as CRO
AMERICAN APPAREL: Notifies 3,500 Workers of Possible Layoffs

AMERICAN PARKING: Needs Until March 6 to File Chapter 11 Plan
ANTHONY THADDEUS CLAVO: Unsecureds To Recoup 5.23% Under Plan
ARCHDIOCESE OF ST. PAUL: Bankruptcy Costs Approach $12-Mil.
ASP EMERALD: Moody's Affirms B2 CFR & Changes Outlook to Negative
ASURION LLC: Moody's Rates $1.2BB First-Lien Term Loan B1

ASURION LLC: S&P Assigns B+ Rating on $1.21BB 1st Lien Loan B-2
ATLANTIC CITY, NJ: State Averts Bond Default as Revival Plotted
ATNA RESOURCES: Court Confirms Amended Liquidation Plan
AUTOPARTS HOLDINGS: S&P Raises CCR to 'B-' on Proposed Refinancing
AUTUMN COVE: Voluntary Chapter 11 Case Summary

AVACEND INC: Court Allows HSB Cash Collateral Use on Final Basis
AVACEND INC: Gets Final Nod to Use Hamilton Bank Cash Collateral
AVERY LAND: Selling Equipment to Pay Utica
AVIS BUDGET: DBRS Confirms BB Issuer Rating
AVISON YOUNG: S&P Assigns 'B+' ICR & Rates Proposed Debt 'B+'

BASIC ENERGY: Hires Deloitte as Tax Service Provider
BENJAMIN AND BENT: Hires Fairbanks as Counsel
BONANZA CREEK: Receives Noncompliance Notice from NYSE
BONANZA CREEK: To Repay Borrowing Base Deficiency in 6 Installments
BOWER CONTRACTING: Case Summary & 2 Unsecured Creditors

BPS US HOLDINGS: Auction of All Assets on Jan. 30
BRADLEY LOTT: Plan Outline Gets Preliminary OK; Hearing on Jan. 5
BSD MANAGEMENT: Case Summary & 3 Unsecured Creditors
BWAY HOLDING: Moody's Assigns B2 Rating on $1.24-Bil. Secured Loan
CAROUSEL PROPERTIES: Case Summary & 4 Unsecured Creditors

CEETOP INC: Sold 3 Million Preferred Shares to President
CHANNEL TECHNOLOGIES: Hires Fernald Law as Special Counsel
CHAPARRAL ENERGY: Plan Exclusivity Period Extended Thru Jan. 11
CHARLES DONALD LEONARD: DOJ Watchdog Seeks Ch. 11 Trustee
CHENIERE CORPUS: Moody's Rates Proposed $1BB Sr. Sec. Bonds Ba3

CHENIERE CORPUS: S&P Gives Prelim. BB- Rating on $1BB Notes
CHINA FISHERY: Ch. 11 Trustee Hires Hogan Lovells as Counsel
CHINA FISHERY: Ch. 11 Trustee Hires Skadden Arps as Counsel
CHINA TELETECH: Hires Centurion ZD CPA as Accountants
CIRCULATORY CENTERS: Case Summary & 3 Unsecured Creditors

CONSOLIDATED COMMS: FairPoint Deal No Impact on Moody's Ratings
CONSTELLATION ENTERPRISES: Liquidating Trust Agreement Reached
CORINTHIAN COLLEGES: Securities Fraud Suit Settlement Has Final OK
COSI INC: LIMAB LLC Named Winning Bidder for Assets
CRYSTAL WATERFALLS: Sale of All Assets to Huang for $23M Approved

CSG SYSTEMS: Moody's Affirms Ba3 CFR; Outlook Stable
DATA SYSTEMS: Court Confirms Ch. 11 Plan
DEAN YOUNG: Hearing on Disclosure Statement Approval Set For Jan. 5
DEKADA CORPORATION: Disclosures Get Final OK, Plan Confirmed
DIGITALGLOBE INC: S&P Rates New $1.47MM Secured Credit Facility BB+

DIRECTORY DISTRIBUTING: Hires Walker as Special Counsel
DORCH COMMUNITY: Faces Medical, Billing Issues, 1st PCO Report Says
DOWLING'S PALACE: Case Summary & Unsecured Creditor
DOWNSTREAM DEVELOPMENT: Moody's Puts B3 CFR on Review for Upgrade
DOWNSTREAM DEVELOPMENT: S&P Rates Proposed $250MM Sr. Notes 'B-'

EASTERN POWER: S&P Lowers Rating on $1.6BB Term Loan to 'BB-'
ELBIT IMAGING: Announces Third Quarter Results for 2016
ELENA DELGADILLO: S. Lopez Seeks Ch. 11 Trustee Appointment
EMMAUS LIFE: Gets Notice of FDA PDUFA Date for L-Glutamine
ENERGY FUTURE: E-Side Plan Hearings Moved to February

ESSAR STEEL: Exclusive Plan Filing Period Extended Until May 4
FAIRPOINT COMMUNICATIONS: S&P Puts 'B' CCR on CreditWatch Positive
FERGUSON CONVALESCENT: Still Faces Financial Concerns, PCO Says
FIRED UP: TAGeX's Auction of Personal Property Approved
FORT WALKER: Plan Filing Deadline Extended Until February 12

FOUNTAINS OF BOYNTON: Has Until January 5 to Solicit Plan Votes
GARDEN GATE: Voluntary Chapter 11 Case Summary
GAWKER MEDIA: Asks Court to Move Plan Filing Period to February 5
GLYECO INC: Files Copy of Slide Presentation with SEC
GO YE VILLAGE: Disclosures Conditionally OK'd; Hearing on Jan. 18

HEARTLAND CARE: Case Summary & 20 Largest Unsecured Creditors
HECTOR RICARDO CARMONA: Jan. 5 Disclosure Statement Hearing
HERCULES OFFSHORE: British Unit Sells 2 Rigs to Magni for $130M
HERCULES OFFSHORE: Liquidation Plan Declared Effective
HILLCREST INC: Bond Purchase Tries To Block Plan & Disclosures OK

HILLSBOROUGH RIVER: Disclosures Conditionally OK'd; Jan. 5 Hearing
HORSHAM VALLEY GOLF: Plan Filing Deadline Moved Through January 2
HPA NORTHRIDGE: Case Summary & 2 Unsecured Creditors
IMPLANT SCIENCES: Letter of Intent to Acquire Zapata Terminated
INNOVATIVE CONSTRUCTION: M. Mansour Objects to Disclosure Statement

INT'L MANUFACTURING: Plan Outline Okayed, Plan Hearing on Dec. 28
JACK HARRY GRANT: Plan Confirmation Hearing on Jan. 6
JEFFREY L. MILLER: Hires Buddy Ford as Bankruptcy Counsel
JENNIFER MARIE PRICE: Hearing on Disclosures Set For Dec. 19
JOSEPH HEATH: Sale of Alexandria Property for $601K Approved

KEY ENERGY: Court Confirms Prepackaged Ch. 11 Plan
KEY ENERGY: Names Former Frank's Exec. as SVP & COO
KIDS FIRST: Hires Brian L. Davies as Chapter 11 Counsel
L & R DEVELOPMENT: Hires Inmuebles Bienes as Realtor
LA PALOMA: Case Summary & 30 Largest Unsecured Creditors

LADERA PARENT: Case Summary & Unsecured Creditors
LIMITLESS MOBILE: Case Summary & 20 Largest Unsecured Creditors
LIMITLESS MOBILE: Files Chapter 11 Bankruptcy Petition
LIVE OAK: Hires Norred Law as Counsel
LODGE HOLDINGS: Wash. DOR Seeks Dismissal, Ch. 11 Trustee

LOUIS SOLOMON WELTMAN: Plan Confirmation Hearing on Jan. 12
LUCKY # 5409: Court Extends Plan Filing Period to May 8
M.A. GONZALEZ: Hires Gerdes Law as Attorney
MHM HOLDINGS: Hires Statman Harris as Bankruptcy Counsel
MILESTONE SCIENTIFIC: Gian Trombetta Remains as Unit CEO

MILLENIUM LAB: Trustee May Take Discovery on Financial Collapse
MURRAY TRANSFER: Case Summary & 20 Largest Unsecured Creditors
MWM & SONS: Case Summary & 6 Unsecured Creditors
NAMAL ENTERPRISES: Disclosures Conditionally OK'd; Jan. 11 Hearing
NAUGHTON PLUMBING: Hires Smith & Smith as Attorney

NCL CORP: Moody's Assigns B2 Rating on $700MM Sr. Unsec. Notes
NCL CORP: S&P Assigns 'BB' Rating on $700MM Sr. Unsecured Notes
NEW YORK CRANE: Hires Pro Star Pilatus as Broker
NEWBURY COMMON: Wants Plan Filing Deadline Moved to February 6
NFP PARENT: S&P Affirms 'B' CCR After Announced Recapitalization

NINJA METRICS: Hires Alpert Barr as Special Litigation Counsel
NORTEL NETWORKS: Plan Confirmation Hearing Set for Jan. 24
OAK CREEK: Unsecureds To Be Paid in Full in 90 Days
OAKLEY WOODS: Voluntary Chapter 11 Case Summary
OCEANS FLAVOR: Case Summary & 20 Largest Unsecured Creditors

ONIX CAPITAL: Chapter 15 Case Summary
PAPERWORKS INDUSTRIES: Moody's Affirms B3 CFR, Outlook Negative
PARAGON OFFSHORE: Inks Severance Deal with Former CEO Stilley
PARAGON OFFSHORE: Proposes Feb. 10 Claims Bar Date
PARAGON OFFSHORE: Wants Cash Collateral Termination Date Extended

PEABODY ENERGY: Seeks to Repay $500M in DIP Loan Obligations
PEABODY ENERGY: Seeks to Repay DIP Loans Before Maturity Date
PEAK WEB: Needs Until February 28 to Obtain Plan Acceptances
PENNGOOD LLC: Unsecureds to Get $318K, Plus 60 Monthly Payments
PHARMACYTE BIOTECH: Incurs $974,000 Net Loss in Second Quarter

PINE KNOLL: Voluntary Chapter 11 Case Summary
POSITIVEID CORP: Enters Into $184K Note Purchase Agreement
QTS REALTY: Moody's Raises CFR to 'B1' on Sound Operations
QUATTRO EXPLORATION: Claims Bar Date Set for December 21
QVL PHARMACY: Hires KCP Advisory's Jacen Dinoff as CRO

RAILYARD COMPANY: Trustee's Bid to Junk Equity Partners' Suit OK'd
RANCHO PALOMITA: Hearing on Plan Disclosures To Be Held on Jan. 17
RECYCLING GROUP: Hires Statman Harris as Bankruptcy Counsel
RELIABLE HUMAN: Dec. 15 Hearing to Determine PCO Appointment Set
RICHARD DADASIEWICZ: Plan Outline Okayed, Plan Hearing on Jan. 11

RICHARD SAMUEL LOPEZ: Disclosures OK'd; Plan Hearing on Jan. 19
RICK KHOMAL BENISASIA: CarMax's Loan To Be Paid in Full
ROBERT LEE ALDERMAN: Plan Outline Okayed, Plan Hearing on Jan. 19
ROBERT THOMAS LAMPE: To Fund Plan Through Businesses, Employment
ROWAN COMPANIES: Moody's Assigns B1 Rating on New $400MM Sr. Notes

ROWAN COS: S&P Lowers CCR to 'B+'; Outlook Stable
RYCKMAN CREEK: Hires Todd Moser as Chief Financial Officer
RYCKMAN CREEK: Hires William A. Lang as Chief Executive Officer
SAMSON RESOURCES: U.S. Interior Dept. Objects to Plan Disclosures
SERVICE EMPLOYEES: Case Summary & 20 Largest Unsecured Creditors

SHANNON WOODS: Voluntary Chapter 11 Case Summary
SHIROKIA MEZZ: Hires Klinger & Klinger as Accountant
SILVER CREEK: Voluntary Chapter 11 Case Summary
SINGLETON CREEK: Voluntary Chapter 11 Case Summary
SIXTY SIXTY CONDOMINIUM: Case Summary & 20 Top Unsecured Creditors

SOUTHEAST POWERGEN: S&P Lowers Project Rating to 'B+'
SPENDSMART NETWORKS: Extends Maturity of Conv. Notes to May 2017
SPURLOW'S OUTDOOR: Jan. 5 Plan Confirmation Hearing
STARWOOD PROPERTY: Moody's Raises CFR to Ba2, Outlook Stable
STARWOOD PROPERTY: S&P Assigns 'BB-' Rating on $500MM Sr. Notes

STEPHEN THIEL: Disclosures Get Prelim. OK; Plan Hearing on Jan. 5
SUPERIOR LINEN: Taps Province as Restructuring Advisors
TALLIS GROUP: Case Summary & 16 Largest Unsecured Creditors
TANDOORI AT TRANSIT: Seeks July 3 Plan Exclusivity Extension
TAYLOR EQUIPMENT: Hires Mahady & Mahady as Counsel

TEMPEST GROUP: Asks Court to Move Plan Filing Period to April 1
TLA TANNING: Hires Priority Business as Real Estate Broker
TLC EDUCATION: Hires Hellmuth & Johnson as Attorney
TLD BAR RANCH: Case Summary & 2 Unsecured Creditors
TOMMY CAMPBELL: Hires Bird & Smith as Attorney

TROUBLESOME CREEK: U.S. Trustee Unable to Appoint Committee
TSALECH HOLDINGS: Case Summary & 11 Unsecured Creditors
US ENERGY MANAGEMENT: Files Amended Disclosure Statement
VALUEPART INC: Hires Greg Baracato of CR3 Partners as CRO
VALUEPART INC: Hires UpShot Services as Noticing and Claims Agent

VISTRA ENERGY: Moody's Affirms Ba2 CFR; Outlook Stable
VISTRA ENERGY: S&P Affirms 'BB-' CCR & Rates New $1BB Debt 'BB+'
WERTHAN PACKAGING: Case Summary & 25 Largest Unsecured Creditors
WERTHAN PACKAGING: Wants to Get VPF DIP Loan, Use Cash Collateral
WESTPORT HOLDINGS: Jan. 11 Plan Confirmation Hearing

WPCS INTERNATIONAL: Robert Roller Relinguishes President Position
WRWM PARTNERSHIP: Sale of Wilmington Pike Property for $650K Okayed
WVA HIGH TECHNOLOGY: Seeks to Move Plan Filing Period to March 2
YELLOW CAB: Cal. Judge Okays Randy Sugarman as Ch. 11 Trustee
ZOHAR CDO 2003: Funds Sue to Oust Lynn Tilton

[*] November Commercial Bankruptcy Filings Up 26% from Past Year

                            *********

2908 LOVERS LANE: Case Summary & 9 Unsecured Creditors
------------------------------------------------------
Debtor: 2908 Lovers Lane Enterprises, LLC
        2908 Lovers Lane
        University Park, TX 75225

Case No.: 16-34691

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Barbara J. Houser

Debtor's Counsel: Gregory Wayne Mitchell, Esq.
                  THE MITCHELL LAW FIRM, L.P.
                  12720 Hillcrest Road, Suite 625
                  Dallas, TX 75230
                  Tel: 972-463-8417
                  Fax: 972-432-7540
                  E-mail: greg@mitchellps.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Saeed Mahbouby, president.

A copy of the Debtor's list of nine unsecured creditors is
available for free at http://bankrupt.com/misc/txnb16-34691.pdf


399 LONE OAK: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: 399 Lone Oak, Ltd.
        340 N. Sam Houston Pkwy. E., Suite 140
        Houston, TX 77060

Case No.: 16-36117

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. Marvin Isgur

Debtor's Counsel: Margaret Maxwell McClure, Esq.
                  LAW OFFICE OF MARGARET M. MCCLURE
                  909 Fannin, Suite 3810
                  Houston, TX 77010
                  Tel: 713-659-1333
                  Fax: 713-658-0334
                  E-mail: margaret@mmmcclurelaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joe Fogarty, Pres. of GP, 399 Lone Oak
GP, Inc.

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/txsb16-36117.pdf


4099 HIGHWAY: Hires Womac Law as Counsel
----------------------------------------
4099 Highway 36 North, LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ Womac
Law as counsel to the Debtor.

4099 Highway requires Womac Law to:

   a. provide the Debtor legal advice with respect to its powers
      and duties as a debtor-in-possession in the continued
      management of their property;

   b. prepare all pleadings on behalf of the Debtor, that may be
      necessary;

   c. negotiate and submit a plan that is satisfactory to the
      Debtor, and the creditors at large;

   d. perform all legal services for the Debtor that may become
      necessary to the case and proceedings;

   e. assist the Debtor in analyzing the claims of the creditors
      and in negotiating with such creditors;

   f. represent the Debtor at all hearings and other proceedings;

   g. review and analyze all applications, orders, statements of
      operations and schedules filed with the Court and advise
      the Debtor as to their propriety;

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

   i. prepare and file a Motion to Sell under Section 363, when
      necessary; and

   j. perform such other legal services as may be required and
      are deemed to be in the interests of the Debtor in
      accordance with the Debtor's powers and duties as set forth
      in the Bankruptcy Code.

Womac Law will be paid at these hourly rates:

     Brian D. Womac                $300
     Angeline V. Kell              $200

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

Angeline V. Kell, member of Womac Law, 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 their estates.

Womac Law can be reached at:

     Angeline V. Kell, Esq.
     Brian D. Womac, Esq.
     WOMAC LAW
     8301 Katy Freeway
     Houston, TX 77024
     Tel: (713) 751-9200
     Fax: (713) 751-0808
     E-mail: angie@womanclaw.com
             brian@womanclaw.com

                     About 4099 Highway

4099 Highway 36 North, LLC, based in Bellville, TX, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 16-35555) on November 1,
2016. The Hon. Jeff Bohm presides over the case. Margaret Maxwell
McClure, Esq., at Law Office of Margaret M. McClure, as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Alwin G.
Morgan, managing member.



AIM STEEL: Creditors' Panel Hires Hays Potter as Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of Aim Steel
International, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Northern District of Georgia to retain Hays Potter &
Martin, LLP as counsel to the Committee.

The Committee requires Hays Potter to:

   a. advise the Committee with respect to its rights, duties and
      powers in the Chapter 11 cases;

   b. assist and advise the Committee in its consultations with
      the Debtors relating to the administration of the Chapter
      11 case;

   c. assist the Committee in analyzing the claims of the
      Debtors' creditors and the Debtors' capital structure and
      in negotiating with the holders of claims and, if
      appropriate, equity interests;

   d. assist the Committee's investigation of the acts, conduct,
      assets, liabilities and financial condition of the Debtors
      and other parties involved with the Debtors, and of the
      operation of the Debtors' businesses;

   e. assist the Committee in analyzing intercompany transactions
      and issues relating to the Debtors' non-debtor affiliates;

   f. assist the Committee in its analysis of, and negotiations
      with the Debtors or any other third party concerning
      matters related to, among other things, the assumption or
      rejection of certain leases of non-residential real
      property and executor contracts, asset dispositions,
      financing of other transactions and the terms of a plan of
      reorganization for the Debtors;

   g. assist and advise the Committee as to its communications,
      if any, to the general creditor body regarding significant
      matters in the Chapter 11 case;

   h. represent the Committee at all hearings and other
      proceedings;

   i. review, analyze, and advise the Committee with respect to
      all applications, orders, statements of operations and
      schedules filed with the Court;

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

   k. perform such other services as may be required and are
      deemed to be in the interests of the Committee in
      accordance with the Committee's power and duties as set for
      in the Bankruptcy Code.

Hays Potter will be paid at these hourly rates:

     Partners and Of Counsel           $300
     Paralegals                        $175
     Other Support Staff               $125

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

James W. Hays, member of Hays Potter & Martin, 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.

Hays Potter can be reached at:

     James W. Hays, Esq.
     HAYS POTTER & MARTIN, LLP
     3945 Holcomb Bridge Road, Suite 300
     Peachtree Corners, GA 30092
     Tel: (770) 934-8858
     E-mail: beau@hpmlawatl.com

                      About AIM Steel

AIM Steel International, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. N. D. Ga. Case No. 16-67661) on Oct.
3, 2016. The petition was signed by David Brown, general manager.

At the time of the filing, the Debtor disclosed $578,812 in assets
and $2.67 million in liabilities.

Ian M. Falcone, Esq., at The Falcone Law Firm, P.C., serves as the
Debtor's bankruptcy counsel.

Guy G. Gebhardt, Acting U.S. Trustee for Region 21, on Oct. 27
appointed three creditors of AIM Steel International, Inc., to
serve on the official committee of unsecured creditors.



ALLSTATE CORP: Fitch Assigns 'BB+' Preferred Stock Rating
---------------------------------------------------------
Fitch Ratings has assigned a 'BBB+' rating to The Allstate
Corporation's new $550 million 3.28% senior notes due 2026 and $700
million 4.20% senior notes due 2046; the issuance is anticipated to
close on Dec. 8, 2016.

KEY RATING DRIVERS

The ratings for the new offerings are equivalent to the rating on
Allstate's existing senior debt. Proceeds from the issuance will be
used for general corporate purposes, including in part to fund its
recently announced, approximately $1.4 billion acquisition of
consumer protection plan provider, SquareTrade Holding Company,
Inc. Fitch expects pro forma financial leverage following the
senior note issuance to increase to 24.8% from 20.9% at Sept. 30,
2016.

Fitch last reviewed the ratings of Allstate and its insurance
operating subsidiaries on July 12, 2016.

RATING SENSITIVITIES

Key rating triggers for Allstate that could lead to an upgrade
include:

   -- Sustainable capital position measured by net leverage
      excluding life company capital below 3.8x and a score
      approaching 'Very Strong' on Fitch's Prism capital model;

   -- No material deterioration in underwriting profitability of
      the property/casualty operations from current levels.

Given its Negative Outlook, Fitch considers an upgrade of Allstate
Life Insurance Company (ALIC) unlikely over the near- to
intermediate-term. The following rating triggers could result in a
revision of ALIC's Outlook to Stable from Negative:

   -- An improvement in statutory Risky Assets/TAC ratio to 200%
      with operating performance remaining stable;

   -- Fitch's view of its strategic importance changes to 'Core'
      from 'Very Important'.

Given its relatively small size and scale, American Heritage Life
Insurance Company (AHLIC) is unlikely to be upgraded in the near-
to intermediate-term, but the following could result in an upgrade
over the longer term:

   -- Fitch's view of its strategic importance changes to 'Very
      Important' from 'Important' or if the agency's view of
      parent support merits a greater degree of uplift.

Key rating triggers for Allstate that could lead to a downgrade
include:

   -- A prolonged decline in underwriting profitability that is
      inconsistent with industry averages or is driven by an
      effort to grow market share during soft pricing conditions;

   -- Significant deterioration in capital strength as measured by

      Fitch's capital model, NAIC risk-based capital, and
      statutory net leverage. Specifically, if net leverage
      excluding life company capital approached 5x it would place
      downward pressure on ratings;

   -- Significant increases in financial leverage ratio to greater

      than 30%;

   -- Liquid assets at the holding company of less than one year's

      interest expense, and preferred and common dividends.

Key rating triggers that could lead to a downgrade for ALIC
include:

   -- Statutory Risky Assets/TAC ratio deteriorates further;

   -- Fitch's view of its strategic importance weakens.

Key rating triggers that could lead to a downgrade for AHLIC
include:

   -- Financial performance or capitalization deteriorates
      significantly;

   -- Fitch's view of its strategic importance weakens.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings:

   Allstate Corporation

   -- $550 million 3.28% senior notes due 2026 at 'BBB+';

   -- $700 million 4.20% senior notes due 2046 at 'BBB+'.

Fitch currently rates the Allstate entities as follows:

   The Allstate Corporation

   -- Long-Term Issuer Default Rating at 'A-'/Stable Outlook;

   -- Preferred stock at 'BB+';

   -- Commercial paper at 'F2';

   -- Short-Term IDR at 'F2'.

The following senior unsecured debt at 'BBB+':

   -- 6.75% $177 million debenture due May 15, 2018;

   -- 7.45% $317 million debenture due May 16, 2019;

   -- 3.15% $500 million debenture due June 15, 2023;

   -- 6.125% $159 million note due Dec. 15, 2032;

   -- 5.35% $323 million note due June 1, 2033;

   -- 5.55% $546 million note due May 9, 2035;

   -- 5.95% $386 million note due April 1, 2036;

   -- 6.9% $165 million debenture due May 15, 2038;

   -- 5.2% $62 million note due Jan. 15, 2042;

   -- 4.5% $500 million note due June 15, 2043.

The following junior subordinated debt at 'BBB-':

   -- 6.125% $224 million debenture due May 15, 2067;

   -- 5.10% $500 million subordinated debenture due Jan. 15, 2053;

   -- 5.75% $800 million subordinated debenture due Aug. 15, 2053;

   -- 6.5% $500 million debenture due May 15, 2067.

Allstate Insurance Company
Allstate County Mutual Insurance Co.
Allstate Indemnity Co.
Allstate Property & Casualty Insurance Co.
Allstate Texas Lloyd's
Allstate Vehicle and Property Insurance Co.
Encompass Home and Auto Insurance Co.
Encompass Independent Insurance Co.
Encompass Insurance Company of America
Encompass Insurance Company of Massachusetts
Encompass Property and Casualty Co.

   -- Insurer Financial Strength (IFS) at 'A+'/Stable Outlook.

American Heritage Life Insurance Co.

   -- IFS at 'A'/Stable Outlook.

Allstate Life Insurance Co.
Allstate Life Insurance Co. of NY

   -- IFS at 'A'/Negative Outlook.


ALTA MESA: S&P Affirms 'B-' Rating on Sr. Unsecured Notes
---------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issue-level rating on Alta
Mesa Holdings L.P.'s senior unsecured notes and revised its
recovery rating on the debt to '4' from '3' following the company's
announcement that it is upsizing its new senior unsecured notes due
2024 by $50 million to $500 million.  The '4' recovery rating
indicates S&P's expectation that lenders would receive average
recovery (30%-50%; upper half of the range) of their principal in
the event of a payment default.  The company plans to use the
proceeds from the add-on to pay down its revolving credit
facility.

RATINGS LIST

Alta Mesa Holdings L.P.
Corporate credit rating             B-/Stable/--

Issue-Level Rating Affirmed; Recovery Rating Revised
                                    To          From
Alta Mesa Holdings L.P.
Alta Mesa Finance Services Corp.
Senior Unsecured                   B-         B-
  Recovery Rating                   4H         3L


AMBROSIO HERNANDEZ JR: Plan Confirmation Hearing on Jan. 4
----------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas, San Antonio Division, approved Ambrosio
Hernandez, Jr.'s disclosure statement for his Chapter 11 plan of
reorganization, dated Oct. 20, 2016.

The Troubled Company Reporter previously reported that under the
Plan, the Debtor proposed to pay unsecured creditors 25% of their
allowed unsecured claims through equal monthly payments of
principal based on a three-year plan term.

Dec. 23, 2016 is fixed as the last day for filing written
acceptances or rejections of the Plan.

Jan. 4, 2017 at 9:30 A.M. is fixed for the hearing on confirmation
of the Plan.

Dec. 23, 2016 is fixed as the last day for filing and serving
written Objections to Confirmation of the Plan of Reorganization.

Ambrosio Hernandez, Jr., filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 16-51781) on August 5, 2016, and is represented by
William R. Davis, Jr, Esq., at Langley & Banack, Inc.



AMERICAN AIRLINES: Fitch Affirms 'BB-' LT Issuer Default Rating
---------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Rating
(IDR) for American Airlines Group Inc. (American, AAG) at 'BB-'.
The ratings also apply to American's primary operating subsidiary,
American Airlines, Inc. The Rating Outlook is Stable.

Fitch has also taken various rating actions on American's EETCs as
described at the end of this release.

The 'BB-' rating is supported by the solid operating margins and
sizeable cash flows that American has generated since its merger
with US Airways in December 2013 as well as the management of its
merger integration process over the past three years. Fitch expects
that American's margins will likely come down from peak levels
generated in 2015 and 2016 due to cost pressures, the possibility
of higher fuel prices, and a soft unit-revenue environment.
Nevertheless, profitability is expected to remain well above levels
generated prior to American's bankruptcy and merger with US
Airways.

Positive factors for American are offset by a leveraged balance
sheet and a cash deployment strategy that has been much more
aggressive than its peers. Fitch calculates American's adjusted
debt/EBITDAR at 4.1x for the LTM period ended Sept. 30, 2016.
Leverage is expected to rise to around or slightly above 4.5x over
the next 1-2 years, putting American at the high end of its peer
group, and making it potentially more vulnerable in the event of an
economic downturn.

KEY RATING DRIVERS

American continues to produce financial results that are
significantly improved from the levels generated prior to its
bankruptcy and merger with US Airways. Financial performance is
driven in part due to lower fuel prices and a generally positive
operating environment, but also due to improvements at American
such as a broader route network, a more efficient fleet and other
merger synergies.

These improvements allowed American to generate operating margins
that were in line with industry averages over the past three years
and in 2015 that were better than both Delta and United. EBIT
margins slipped compared to peers in the first part of 2016 but
Fitch believes that American has the opportunity to close that gap
in the near term. Labor cost pressures are expected at competing
airlines in 2017. Meanwhile American still has some cost benefits
to gain as it moves through its merger integration, potentially
leading to a relative outperformance.

American's relative underperformance this year is due in part to
costs involved with on-going merger integration efforts and due to
the timing of the ratification of new contracts with its labor
unions. Pay increases included in union contracts began to flow
through AAL's results in 2016, pushing non-fuel CASM up by 3.6%
through the first nine months of the year. Over the same time
period, revenue per available seat mile declined by 5.2%, leading
to lower operating margins. Despite these headwinds, American
produced a 16.2% EBIT margin in the LTM period, down slightly from
the 17.8% produced in 2015, but well above the 11.9% or 8.1%
margins produced in FY 2014 or 2013.

Cash Deployment and Capital Structure Are Key Rating Negatives:
Fitch views American Airlines' cash deployment strategy as a key
limiter of near-term rating upgrades and as a potential concern for
future negative rating actions. American has announced aggregate
share repurchase authorizations of $9 billion since 2014. The
company spent over $3.9 billion on share repurchases through the
first nine months of this year, while taking on $2.8 billion in
incremental debt. American's total on-balance-sheet debt has
increased by nearly $6.8 billion since it emerged from bankruptcy
in 2013.

Fitch expects total debt to peak this year and to decline
incrementally thereafter. Nevertheless, American's leveraged
balance sheet leaves it in a position where credit metrics could
deteriorate quickly in the event of a downturn. Fitch's concerns
are partly offset by American's target of maintaining at least $6.5
billion in total liquidity including its $2.4 billion in revolver
availability. Such a sizeable liquidity balance should allow the
company to weather rough patches in the industry.

FCF to Improve as Capital Spending Moderates:
Fitch expects lower capital spending to drive material improvements
in FCF in the coming years, and to potentially allow the company to
begin to bring its total debt balance down. FCF is expected to rise
to the low- to mid-single digits as a percentage of revenue by 2017
and 2018.

Capital spending has been particularly high in recent years, as
American has gone through a major overhaul of its fleet. Capex
topped $4.4 billion in 2013, $5.3 billion in 2014 and $6 billion in
2015. American has stated that total capex will be around $5.6
billion in 2016 and will start to decline thereafter as deliveries
moderate. Fitch expects 2017 capital expenditures to be around $4.5
billion-$5 billion. Capital spending for 2018 will likely be
materially lower still as aircraft deliveries drop off sharply.

Integration Risks Are Largely in the Past

Merger integration risks were a key concern following American's
December 2013 merger with US Airways but those risks are now
largely in the past. American managed through major IT projects
such as switching to a new flight operating system in 2016 and
switching to a single reservation system in 2015, with no
disruption to its operations. As American moves past the merger
integration, one-time costs should wane, and the company can
re-focus its efforts on improving other areas of the business.

Liquidity

Financial flexibility is seen as sufficient for the rating, and is
supported by the company's large cash balance and two revolvers
totaling $2.4 billion in availability. Debt maturities are expected
to range from $1.8 billion to $3.6 billion per year over the next
three years. Fitch expects operating cash flow and on-balance-sheet
cash to be sufficient to cover these obligations. However, the
company will likely need to rely on debt markets in the coming
years to fund its capital spending.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for American
Airlines include

   -- Capacity growth in the low single digits through the
      forecast period;

   -- Continued moderate economic growth in the U.S. over the near

      term, translating into stable demand for air travel;

   -- Jet fuel prices equating to roughly $55/barrel on average
      for 2017, increasing to approximately $65/barrel by the end
      of the forecast period;

   -- Mid- to high-single-digit RASM decline in 2016 followed by
      low growth thereafter.

RATING SENSITIVITIES

Future actions that may individually or collectively cause Fitch to
take a positive rating action include: adjusted debt/EBITDAR
sustained below 4x

   -- FFO fixed charge coverage sustained around 3x

   -- Free cash flow generation above Fitch's base case
      expectations

   -- Moderating policies toward financial leverage and
      shareholder-friendly cash deployment

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

   -- Adjusted debt/EBITDAR sustained above 4.5x

   -- EBITDAR margins deteriorating into the low double-digit
      range

   -- Shareholder-focused cash deployment at the expense of a
      healthy balance sheet

   -- Liquidity sustained below 15% of LTM revenue

Fitch has affirmed the following ratings:

   American Airlines Group Inc.

   -- Long-Term IDR at 'BB-';

   -- Senior unsecured notes at 'BB-/RR4'.

   American Airlines, Inc.

   -- Long-Term IDR at 'BB-';

   -- Senior secured credit facilities at 'BB+/RR1'.

   -- Series 2016 revenue bonds issued by the New York
      Transportation Development Corporation at 'BB'.

The 'BB+/RR1' rating also applies to the $1 billion term loan B1
that American is in the process of pricing. Proceeds of the $1
billion term loan will be used to refinance American's existing
$970 million term loan B-1. The loan will be secured by take-off
and landing slots at LaGuardia and Washington Reagan.

EETC Ratings

Fitch has also reviewed the ratings for multiple American Airlines
backed EETCs concurrent with its review of American's Issuer
Default Rating (IDR).

Fitch has downgraded the following rating:

   American Airlines Pass-Through Trust Certificates, Series
   2013-2

   -- Class A certificates to 'BBB' from 'BBB+'

The downgrade is driven by declining appraisal values for the
777-200ERs contained in this portfolio. Asset value weakness has
caused this senior tranche to no longer pass Fitch's 'BBB' category
stress test. Thus the 'BBB' rating is reached by notching up from
American Airlines' IDR and incorporates a high affirmation factor,
the presence of a liquidity facility, and solid recovery
expectations under Fitch's 'BB' level stress scenario. Fitch has
applied a one-notch uplift for recovery for this transaction
reflecting recovery expectations of greater than 90%. Note that
Fitch's bottoms-up approach stipulates that subordinated tranches
should achieve recovery expectations of a least 115% to warrant a
notch of ratings uplift. That threshold does not apply in this
instance, since this tranche represents the senior claim in the
waterfall.

Fitch has upgraded the following ratings:

   US Airways 2013-1 Pass Through Trust

   -- Class B certificates to 'BBB-' from 'BB+';

   US Airways 2012-2 Pass Through Trust

   -- Class B certificates to 'BBB-' from 'BB+';

   US Airways 2012-1 Pass Through Trust

   -- Class B certificates to 'BBB-' from 'BB+'.

The ratings upgrades are based on improved recovery prospects for
each of these B tranches as the transactions have amortized.

Fitch has affirmed the following ratings:

   American Airlines Pass Through Trust Certificates, Series 2015-
   1

   -- Class A certificates at 'A';

   -- Class B certificates at 'BBB'.

   American Airlines Pass Through Trust Certificates, Series
   2014-1

   -- Class A certificates at 'A';

   -- Class B certificates at 'BBB-'.

   American Airlines Pass Through Trust Certificates, Series
   2013-2

   -- Class B certificates at 'BB+';

   -- Class C certificates at 'BB-'.

   American Airlines Pass Through Trust Certificates, Series
   2013-1

   -- Class A certificates at 'A-';

   -- Class B certificates at 'BB+';

   -- Class C certificates at 'BB-'.

   US Airways 2013-1 Pass Through Trust

   -- Class A certificates at 'A'.

   US Airways 2012-2 Pass Through Trust

   -- Class A certificates at 'A';

   -- Class C certificates at 'BB-'.

   US Airways 2012-1 Pass Through Trust

   -- Class A certificates at 'A'.

Senior tranche affirmations are supported by levels of
overcollateralization that continue to allow the transactions to
pass Fitch's 'A' level stress scenarios. However, American
Airlines' 2013-1 senior tranche is potentially at risk for a future
downgrade given its limited headroom within Fitch's 'A' level
stress test, which has been exacerbated by weakening valuations for
older 777s and 737s.

Subordinated tranche affirmations are based on the affirmation of
American's corporate rating and on Fitch's unchanged opinion of the
likelihood of affirmation for these pools of aircraft.

EETC Rating Sensitivities

Senior tranche ratings are primarily based on a top-down analysis
based on the value of the collateral. Therefore, a negative rating
action could be driven by an unexpected decline in collateral
values.

Subordinated tranche ratings are based off of the underlying
airline IDR. As such, Fitch may upgrade various B tranches by a
notch if American were upgraded to 'BB'. However, the B tranches
may not be downgraded if American were downgraded to 'B+', as
Fitch's EETC criteria allows for a wider notching differential for
'BB' and 'B' category rated airlines.


AMERICAN APPAREL: Hires Mark Weinsten of Berkeley as CRO
--------------------------------------------------------
American Apparel, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Berkeley
Research Group, LLC as restructuring advisor and Mark Weinsten as
chief restructuring officer to the Debtors.

American Apparel requires Berkeley and Mr. Weinsten to:

   a. Finance Transaction Support

     -- establish improved cost accounting tools and process
        support product margins analysis;

     -- develop an integrated 3-5 year model.

   b. Cash Forecasting Support

     -- build and implement a dynamic cash forecasting model;

     -- assist management with cash management and prepare cash
        forecasts.

   c. Retail Transformation

     -- identify opportunities for revenue capture;

     -- test retain strategies.

   d. CRO Support

     -- assist the Debtors with cash flow budgeting, including
        analysis of actual cash receipts and disbursements and
        development of projections.

     -- assist the Debtors with preparing diligence and other
        information to facilitate the ongoing sales and auction
        processes and, if necessary, a restructuring or
        reorganization;

     -- assist the Debtors with financial analysis and modeling
        to support the closing of a sale transaction;

     -- provide court testimony as required;

     -- assist the Debtors with other ad hoc services, as
        requested.

Berkeley will be paid at these hourly rates:

     Experts                       $700-$950
     Senior Professionals          $500-$650
     Junior Professionals          $300-$500

On August 8, 2016, Berkeley received a retainer in the amount of
$355,000. Berkeley received an additional retainer in the amount of
$150,000 on November 3, 2016.

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

Mark Weinsten, member of Research 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 (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.

Berkeley can be reached at:

     Mark Weinsten
     RESEARCH GROUP, LLC
     70 W. Madison Street, Suite 5000
     Chicago, IL 60602
     Tel: (312) 429-7900

                      About American Apparel

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.



AMERICAN APPAREL: Notifies 3,500 Workers of Possible Layoffs
------------------------------------------------------------
Lillian Rizzo, writing for The Wall Street Journal Pro Bankruptcy,
reported that American Apparel LLC has notified nearly 3,500 of its
California-based manufacturing and wholesale employees that they
may lose their jobs in connection with its bankruptcy.

According to the report, citing a copy of the notice the company
has filed with a state employment agency, employees at American
Apparel's Garden Grove, Los Angeles, South Gate and La Mirada
locations could lose their jobs by January.

An American Apparel spokeswoman told the Journal the federally
required layoff notices "were purely a legal precaution and layoffs
are not certain."

American Apparel said it was filing the layoff notices in case
buyers don't step forward to continue the manufacturing or
corporate operations, the Journal related.

More than a week after the layoff notices were delivered to
employees, American Apparel officials sent a letter to employees
discussing the Gildan bid and the uncertainty of sale efforts, the
report further related.  In the letter, which the Journal viewed, a
human resources representative said in the near-term there would be
no changes to salary, schedules and that benefits will remain the
same, the Journal said.

                  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.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 22,
2016,
appointed three creditors of American Apparel Inc. to serve on the
official committee of unsecured creditors.


AMERICAN PARKING: Needs Until March 6 to File Chapter 11 Plan
-------------------------------------------------------------
American Parking System, Inc. requests the U.S. Bankruptcy Court
for the District of Puerto Rico for an extension of its exclusivity
periods within which the Debtor may file a Disclosure Statement and
Plan of Reorganization and solicit acceptances that will lead to
the confirmation of the plan of reorganization, through and
including March 6, 2017.

The Debtor relates that the filing of its Chapter 11 petition was
incited by the Puerto Rico Treasury Department, in the midst of
negotiating the payment of a sales tax liability, the Treasury
closed the Debtor's facilities, jeopardizing a business of over 35
years and the jobs of over 165 employees.

Since the October 11, 2016 bar date for filing proof of claim for
governmental entities has already elapsed, the Debtor is currently
in the process of reconciling its claims, including the proofs of
claim filed by the Department of Treasury that are completely
overstated and need to be further evaluated so the Debtor may file
the corresponding objections to claims.

The Debtor relates that since it was unable to extend the deadline
to pay the agreed upon discounted payoff to its then secured
creditor Condado 2 LLC, the Debtor was forced to scramble to get
DIP financing, which was subsequently approved by the Court.

As such, the Debtor's efforts since the commencement of its Chapter
11 case have been geared towards extending the agreement with its
secured creditor and then towards obtaining the needed DIP
Financing.  Now, since the Debtor has already obtained the DIP
Financing to comply with the discounted payoff agreement and
eliminating on the way more than $29,000,000 of its debts, the
Debtor can now focus on its reorganization plan.

                             About American Parking

Headquartered in San Juan, Puerto Rico, American Parking System
Inc. filed for Chapter 11 bankruptcy protection (Bankr. D. P.R.
Case No. 16-02761) on April 8, 2016, estimating its assets at up to
$50,000 and its liabilities at between $10 million and $50 million.
The petition was signed by Miguel Cabral Veras, president.  Judge
Edward A Godoy presides over the case.

Alexis Fuentes Hernandez, Esq., at Fuentes Law Offices, LLC, serves
as the Debtor's bankruptcy counsel.  The Debtor employs WRG
Certified Public Accountants, P.S.C., and its managing partner, CPA
William Rodriguez, as financial advisor.


ANTHONY THADDEUS CLAVO: Unsecureds To Recoup 5.23% Under Plan
-------------------------------------------------------------
Anthony Thaddeus Clavo, Sr., filed with the U.S. Bankruptcy Court
for the Northern District of Georgia a disclosure statement dated
Nov. 21, 2016, for the Debtor's plan of reorganization.

The Debtor will pay holders of Class 16 General Unsecured Claims --
estimated to total $2,391,076.39 -- a pro rata share of $125,000
paid in 32 quarterly payments of $3,906.25 each, commencing on the
1st day of the first quarter following the Effective Date and
continuing by the first day of each subsequent quarter for a total
of 32 payments.  The holders will recover 5.23%.

The Debtor will pay all claims from Debtor's post-petition income.
The Debtor shows that he will pay administrative expense claims
from the "new value" included in Class 18 of the Plan or from some
other source if no "new value" contribution under Class 18 is
required.  Additionally, the Debtor intends to sell his residence
to satisfy the mortgage secured by his Residence and pay other
claims under the Plan.  The Debtor intends to sell Xcogitate's
interest in Foot Pain, LLC, to fund the payments under the Plan.
In the event of a sale of interest, the Debtor intends to use all
proceeds after payment of closing costs (including any resulting
tax obligations from the sale) from Foot Pain to fund the Debtor's
Plan obligations, including administrative expense claims.    
    
The Disclosure Statement is available at:

           http://bankrupt.com/misc/ganb16-6345-57.pdf

The Plan was filed by the Debtor's counsel:

     Cameron M. McCord, Esq.
     Leon S. Jones, Esq.
     JONES & WALDEN, LLC
     21 Eighth Street
     NE Atlanta, Georgia 30309
     Tel: (404) 564-9300
     E-mail: cmccord@joneswalden.com
             ljones@joneswalden.com

                     About Anthony Thaddeus Clavo

Anthony Thaddeus Clavo, Sr., is a resident of the City of Atlanta,
State of Georgia.  He is a board certified anesthesiologist and
pain management physician.  From 2003 to 2015, he operated Southern
Pain Institute, P.C., as its sole owner and physician.  Southern
Pain operated a healthcare business with locations at (i) 1975
Highway 54 W, Suite 100, Peachtree City, Georgia, and (ii) 1309
Wellbrook, Conyers, Georgia, which was a clinic for the treatment
of patients with serious, recurring pain.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ga. Case No. 16-63451) on Aug. 2, 2016.  Cameron M. McCord, Esq.,
at Jones & Walden, LLC, serves as the Debtor's bankruptcy counsel.


ARCHDIOCESE OF ST. PAUL: Bankruptcy Costs Approach $12-Mil.
-----------------------------------------------------------
The American Bankruptcy Institute, citing Martin Moylan of MPR
News, reported that a federal judge will consider millions of
dollars more in payments to attorneys and other professionals
working on the bankruptcy of the Archdiocese of St. Paul and
Minneapolis.

According to the report, the latest requests for fees and expenses
total $4.5 million. If the requests are granted, that would bring
the tab for legal and related professional service costs for the
bankruptcy to about $12 million, the report noted.

A hearing on bankruptcy reorganization plans will be held on Dec.
15, 2016.

          About the Archdiocese of Saint Paul and Minneapolis

The Archdiocese of Saint Paul and Minneapolis was originally
established by the Vatican in 1850 and serves a geographical area
consisting of 12 greater Twin Cities metro-area counties in
Minnesota, including Ramsey, Hennepin, Anoka, Carver, Chicago,
Dakota, Goodhue, Le Sueur, Rice, Scott, Washington, and Wright
counties. There are 187 parishes and approximately 825,000
Catholic individuals in the region. These individuals and parishes
are served by 3999 priests and 173 deacons.

The Archdiocese of St. Paul and Minneapolis filed for Chapter 11
protection (Bankr. D. Minn. Case No. 15-30125) in Minnesota on
Jan.
16, 2015, saying it has large and growing liabilities related to
child sexual abuse and that its pension obligations are
underfunded.

The Debtor disclosed $45,203,010 in assets and $15,890,460 in
liabilities as of the Chapter 11 filing.

The Debtor has tapped Briggs and Morgan, P.A., as Chapter 11
counsel; BGA Management LLC dba Alliance Management as financial
advisor; Lindquist & Vennum LLP as attorney.

The U.S. Trustee appointed five creditors to serve on the
Committee
of Parish Creditors. Ginny Dwyer was appointed as the acting
chairperson of the committee until such time as the members can
meet and officially elect their own person.

Eleven other dioceses have commenced Chapter 11 bankruptcy cases
in
the United States to settle claims from current and former
parishioners who say they were sexually molested by priests.


ASP EMERALD: Moody's Affirms B2 CFR & Changes Outlook to Negative
-----------------------------------------------------------------
Moody's Investors Service changed the outlook for ASP Emerald
Holdings, LLC, to negative from stable as a result of the planned
$132 million dividend to its private equity sponsor following the
sale of its Emerald Specialty business group that will result in
increased leverage, due to the lost earnings and no debt reduction.
The negative outlook reflects the sizable cash distribution to the
owner, reduced earnings from the Emerald Specialty business sale,
its planned sale of the PANIT business, and the proposed increase
in second lien interest expense.  To facilitate the transaction,
$65 million of the first lien term loan is being repaid and then an
equivalent $65 million incremental term loan is being added; as
such there is the same level of debt following this transaction.
Moody's also affirmed the ratings of Emerald; including the
Corporate Family Rating at B2 as well as the B1 and Caa1 ratings of
Emerald Performance Materials LLC, first and second lien credit
facilities, respectively.

Moody's took these actions:

ASP Emerald Holdings, LLC
  Outlook: Negative from Stable

Emerald Performance Materials, LLC
  Outlook: Negative from Stable

Ratings affirmed:
ASP Emerald Holdings, LLC
  Corporate family rating -- B2
  Probability of default rating -- B2-PD

Emerald Performance Materials, LLC
  $75 million Senior Secured Revolver due 2019 -- B1, LGD3
  $529 million Senior Secured 1st Lien Term Loan due 2021 -- B1,
   LGD3
  $230 million Senior Secured 2nd Lien Term Loan due 2022 -- Caa1,

   LGD5

                         RATINGS RATIONALE

Emerald's B2 CFR reflects its elevated leverage (5.8x for the LTM
Sept. 30, 2016, pro forma for the sale of its Emerald Specialty
business group), modest size (pro forma revenues of roughly $589
million for the LTM Sept. 30, 2016), continued capital expansion
spending through 2018, and the proposed sale of its PANIT business
group.  The sale of the Emerald Specialty business division and
sizable $132 million distribution occurs two years after the new
owners acquired the company.  While the increased pro forma
leverage is permitted under the credit agreements, Moody's would
expect that the proposed sale of the PANIT business would be
executed in conjunction with a reduction in debt as the equity
sponsor owner has indicated it will target a leverage neutral
transaction following a sale of the PANIT business group.  The
agreement still permits for the sale of the CTS business, not
contemplated at this time, thus excluding only the Kalama business
from disposition.  However, the proposed amendment somewhat
tightens the credit agreement, mandating that pro forma leverage be
no greater than 5.75x.

The rating is supported by Emerald's expanded capacity that has
improved margins and cash generating capabilities.  Moody's expects
Emerald to generate positive free cash flow of over $30 million in
2017 that will be used for debt reduction.  The rating also
incorporates Emerald's meaningful market positions in many of its
niche market segments, moderate product portfolio diversity,
demonstrated benefits from vertical integration (toluene oxidation
capability), and unique opportunity for continued growth in
non-phthalate plasticizers.  Emerald's financial performance has
benefited from the decline in feedstock costs, which are tied to
crude oil prices, and significant international production.  The
credit is also supported by Emerald's geographical footprint (four
US manufacturing facilities, one facility in the Netherlands, one
facility in the United Kingdom and a tolling operation in
Argentina) and limited customer concentration. (All ratios include
Moody's Standard Adjustments.  Emerald's Adjustments for Pensions
and Operating Leases add $8 million to debt, primarily from the
capitalizing of operating leases.)

Emerald's liquidity is supported by its cash generating
capabilities evidenced by LTM retained cash flow of $83 million as
of Sept. 30, 2016, and its $75 million senior secured revolver,
which is undrawn as of Sept. 30, 2016. Cash on the balance sheet is
$21.7 million as of Sept. 30, 2016.  Additionally, Moody's expects
Emerald to generate over $70 million of retained cash flow in 2017
which should be used to fund capital expenditures and reduce debt.

The $75 million revolver due 2019 has a first lien leverage test of
7.25x, with which Emerald should be comfortably in compliance over
the next 12-18 months.  The $529 million senior secured first lien
term loan due 2021 has a 50% excess cash flow sweep mechanism, with
step-downs to 25% under 6.0x total leverage and 0% under 5.5x total
leverage.  The $230 million senior secured second lien term loan
due 2022 does not contain financial covenants.

Moody's expects capital expenditures to remain elevated through
2018 due to planned capacity expansions, thereafter Moody's expects
capital expenditures to decrease in 2019 to more moderate levels as
capital spending programs are completed.  Capital expenditures have
averaged about 6% of revenues over the last two years under the
equity sponsor, American Securities, ownership. There is no regular
dividend and Moody's expects that American Securities will direct
all excess cash generated for debt reduction as it has in other
portfolio companies.

Additionally, the company is in the process of selling its PANIT
business, it has a 5.75x total leverage test for such dispositions
(including CTS and PANIT).  The private equity sponsor has
indicated that it would maintain a leverage neutral position upon
completion of sale of the PANIT business.

The negative outlook reflects the temporarily elevated leverage
following the sale of the Emerald Specialty group of businesses as
well as the potential for the sale of the PANIT business that will
further concentrate earnings.  The outlook could be stabilized if
leverage was sustained below 5.0x.

The rating has limited upside due to the small size of the company
as measured by revenues.  Moody's could contemplate a positive
ratings move if leverage were sustained below 4.25x, Retained Cash
Flow/Debt were above 15%, and sponsor's financial priorities would
allow the company to maintain these metrics while retaining its
product and geographic diversity.  The ratings could be lowered if
leverage remains above 5.5x by year end 2017 or if the sale of the
PANIT business does not result in debt reduction such that the
leverage impact is neutral.

ASP Emerald Holdings LLC, headquartered in Cuyahoga Falls, Ohio is
a producer of specialty chemicals used in a wide range of food and
industrial applications.  The company was acquired in late-2014 by
private equity firm American Securities from prior private equity
owner Sun Capital Partners Inc.  Emerald reported sales of
$589 million for the twelve months ended Sept. 30, 2016, (pro forma
for the sale of its Emerald Specialty business group).


ASURION LLC: Moody's Rates $1.2BB First-Lien Term Loan B1
---------------------------------------------------------
Moody's Investors Service has assigned a B1 rating to a
$1.2 billion replacement first-lien term loan being issued by
Asurion, LLC, an indirect subsidiary of Lonestar Intermediate Super
Holdings, LLC (corporate family rating B2), which is wholly owned
by NEW Asurion Corporation (NEW Asurion).  Asurion, LLC will use
proceeds from the new term loan, due in July 2020, to repay its
remaining first-lien term loan due in May 2019, refinance its
existing first-lien term loan due in July 2020 at a lower spread,
and pay related fees and expenses.  The outlook for the company's
ratings is stable.

Assignments:

Issuer: Asurion, LLC
  Senior Secured Bank Credit Facility, Assigned B1 (LGD 3)

                         RATINGS RATIONALE

NEW Asurion's ratings reflect its dominant position in mobile
protection (MP) distributed through wireless carriers in the US,
its significant market presence in Japan, and its growing presence
in other selected international markets, according to Moody's.  NEW
Asurion also has a good position in the US market for extended
service contracts (ESC).  The group has a record of efficient
operations, excellent customer service and profitable growth in its
main business segments.  These strengths are offset by the group's
high financial leverage, its business concentrations among certain
wireless carriers and retailers, and slowing growth prospects in
the relatively mature US ESC market.  Also, risk management becomes
a greater challenge as the group expands internationally.

NEW Asurion has improved its profitability over the past couple of
years through healthy revenue growth in US and international MP,
along with cost savings from a prior restructuring program. Moody's
expects the group to remain a global leader in MP.

NEW Asurion has total borrowings of just over $8 billion, resulting
in a debt-to-EBITDA ratio in the range of 6.5x-7x and (EBITDA -
capex) coverage of interest of about 2x, per Moody's calculations,
which incorporate accounting adjustments for operating leases and
noncontrolling interest expense.  NEW Asurion's financial leverage
is somewhat high for the single-B rating category, but Moody's
expects the company to reduce it gradually.

Factors that could lead to an upgrade of NEW Asurion's ratings
include: (i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA - capex)
coverage of interest exceeding 2.5x, (iii) free-cash-flow-to-debt
ratio above 6%, and (iv) EBITDA margins exceeding 20%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio above 7x, (ii) (EBITDA - capex) coverage of
interest below 1.5x, (iii) free-cash-flow-to-debt ratio below 3%,
or (iv) EBITDA margins below 15%.

The principal methodology used in this rating was Insurance Brokers
and Service Companies published in December 2015.

Based in Nashville, Tennessee, NEW Asurion is a leading provider of
protection programs for wireless devices and consumer electronics
both domestically and internationally.  NEW Asurion is owned by a
consortium of private equity firms, other institutional investors
and company founders and managers.


ASURION LLC: S&P Assigns B+ Rating on $1.21BB 1st Lien Loan B-2
---------------------------------------------------------------
S&P Global Ratings said that it assigned its 'B+' senior secured
debt rating and a '2' recovery rating (indicating an expectation of
substantial [70%-90%] recovery in case of default; lower half of
the range) to Asurion LLC's $1.21 billion first-lien term loan B-2
due 2020.  The interest cost on the first-lien term loan B-2 will
be LIBOR+3.25% with a floor of 0.75%.  Asurion will use the
proceeds of the loan, along with $4 million cash from the balance
sheet, to repay the outstanding $398 million on its first-lien term
bank loan B-1 due 2019, and repay the outstanding
$813 million on its first-lien term bank loan B-2 due 2020.  S&P do
not expect its assessment of the company's highly leveraged
financial risk profile to change, as S&P views this transaction as
essentially leverage neutral with proceeds from the issuance used
to refinance existing debt.

RATINGS LIST

Asurion LLC

Counterparty Credit Rating      B/Positive/--

New Rating

Asurion LLC

Senior Secured
$1.2bil B-2 term loan due 2020   B+
Recovery Rating                  2L



ATLANTIC CITY, NJ: State Averts Bond Default as Revival Plotted
---------------------------------------------------------------
Katherine Greifeld, writing for Bloomberg News, reported that
Atlantic City used $2.3 million to cover payments due on its bonds,
saving investors from the toll of the seaside casino town's
financial collapse.

According to the report, with New Jersey seizing control of the
city's finances to avoid a default, the burden is poised to fall
instead on residents, municipal employees and businessmen like John
Exadaktilos, the owner of the Ducktown Tavern, who said his
property tax bill this year was $51,000, more than twice what it
was over a decade ago, and is set to rise again next year.

The report pointed out that Atlantic City is the latest test for
New Jersey, which hasn't allowed a local government to default or
go bankrupt since the Great Depression -- a commitment that's left
even its distressed municipalities able to raise money for schools,
roads and other public works in the bond market. This stands in
contrast to what has been seen in California, Alabama and Michigan,
where municipalities resorted to bankruptcy after the most recent
recession to escape from debts they could no longer afford, the
report related.

As reported by the Troubled Company Reporter, citing news from
Bankruptcy Law360, New Jersey officials on Nov. 9, 2016,
authorized
a takeover of Atlantic City, after the Local Finance Board within
the state Department of Community Affairs voted to transfer powers
of the city's governing body that may be substantially related to
the city's fiscal condition or financial rehabilitation and
recovery to Timothy Cunningham, director of the Division of Local
Government Services, or his designee.

An earlier report by Law360's Wichert says DCA Commissioner
Charles
Richman on Nov. 7, 2016 held that supplemental materials provided
by
Atlantic city did not convince him that the plan would achieve
financial stability for the municipality.


ATNA RESOURCES: Court Confirms Amended Liquidation Plan
-------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
Atna Resources' Amended Chapter 11 Plan of Liquidation. According
to documents filed with the Court, "Holders of administrative
claims and holders of priority tax claims shall be paid in full;
holders of priority non tax claims shall receive payments solely
from the assets of the specific Debtor's estate against which the
allowed priority nontax claim is filed; holders of Waterton secured
claims shall receive nor retain any property or distributions;
holders of secured claims shall receive (i) receipt of the
collateral securing any such allowed secured claim on the effective
date or as soon thereafter as reasonably practicable or (ii) such
other treatment that renders an allowed secured claim unimpaired;
holders of general unsecured claims against Atna Resources Ltd
shall receive in full and final satisfaction of such allowed
general unsecured claim its pro rata share of the liquidating trust
fund assets attributable to such Debtor pursuant to one or more
distributions; holders of general unsecured claims against Canyon
Resources Corporation shall receive in full and final satisfaction
of such allowed general unsecured claim, its pro rata share of the
liquidating trust fund pursuant to one or more distributions;
holders of general unsecured claims against CR Briggs Corporation
shall receive in full and final satisfaction of such allowed
general unsecured claim its pro rata share of the liquidating trust
fund pursuant to one or more distributions; holders of general
unsecured claims against CR Montana Corporation shall receive in
full and final satisfaction of such allowed general unsecured claim
its pro rata share of the liquidating trust fund pursuant to one or
more distributions; holders of general unsecured claims against CR
Kendall Corporation shall receive in full and final satisfaction of
such claim its pro rata share of the liquidating trust fund
pursuant to one or more distributions; holders of general unsecured
claims against Atna Resources Inc. shall receive in full and final
satisfaction of such allowed general unsecured claim its pro rata
share of the liquidating trust fund pursuant to one or more
distributions; holders of equity interests shall neither receive
nor retain any property under the Plan; on the effective date
equity interests shall be deemed cancelled." This precious metals'
developer filed for Chapter 11 protection on November 18, 2015,
listing $96 million in pre-petition assets.

                      About Atna Resources

Headquartered in Lakewood, Colorado, Atna Resources Ltd. --
http://www.atna.com/-- is engaged in all phases of the mining
business, including exploration, preparation of pre-feasibility and
feasibility studies, permitting, construction and development,
operation and final closure of mining properties.

The Company owns or controls various properties with gold
resources.  The Company's production property includes Briggs Mine
California and Pinson Mine Property, Nevada.  The Company's
development properties include Mag Pit at Pinson; Columbia Project,
Montana and Briggs Satellite Projects, California.  Its Exploration
properties include Sand Creek Uranium Joint Arrangement, Wyoming;
Blue Bird Prospect, Montana and Canadian Properties, Yukon and
British Columbia.  Its Closure Property is Kendall, Montana.  The
Briggs mine is located on approximately 156 unpatented claims,
including approximately 15 mill site claims, covering over 2,890
acres.  The Company's Pinson Mine Property is located in Humboldt
County, Nevada, over 30 miles east of Winnemucca.

Atna Resources, Inc., and its direct and indirect subsidiaries
filed Chapter 11 bankruptcy petitions (Bankr. D. Colo., Lead Case
No. 15-22848) on Nov. 18, 2015.  The petitions were signed by
Rodney D. Gloss as vice president & chief financial officer.   

Atna also sought ancillary relief in Canada pursuant to the
Companies' Creditors Arrangement Act in the Supreme Court of
British Columbia in Vancouver, Canada.

In its Chapter 11 petition, Atna estimated assets in the range of
$10 million to $50 million and liabilities of $50 million to $100
million.  

Squire Patton Boggs (US) LLP serves as counsel to the Debtors.

On Dec. 14, 2015, the Office of the United States Trustee for the
District of Colorado appointed a statutory committee of unsecured
creditors in the Chapter 11 cases.  Buechler & Garber LLC has been
tapped as counsel to the Committee.


AUTOPARTS HOLDINGS: S&P Raises CCR to 'B-' on Proposed Refinancing
------------------------------------------------------------------
S&P Global Ratings said it has raised its corporate credit rating
on Lake Forest, Ill.-based Autoparts Holdings Ltd. to 'B-' from
'CCC+'.  The outlook is stable.

At the same time, S&P assigned its 'B-' issue-level rating and '3'
recovery rating to the company's proposed $245 million first-lien
term loan due 2021 (FRAM Group Holdings Inc. is the borrower).  The
'3' recovery rating indicates S&P's expectation for meaningful
(50%-70%; upper half of the range) recovery of principal in the
event of a payment default.

S&P expects to withdraw its ratings on the company's existing
first- and second-lien term loans following the close of the
proposed transaction.

"The upgrade follows Autoparts' announcement that it will use the
proceeds from the sale of its Prestone segment, new cash equity,
and a new term loan to pay down its existing debt," said S&P Global
credit analyst David Binns.  "In conjunction with this transaction,
the company is also issuing a new $25 million asset-based lending
(ABL) facility, which will be undrawn at the close of the
transaction."  This refinancing will reduce the company's
debt-to-EBITDA metric to 5.5x, from 7.0x-8.0x currently, and
improve its liquidity.  In addition, S&P expects that the company's
free operating cash flow (FOCF)-to-debt ratio will rise to 10% from
its previously forecast level of less than 5%.  Furthermore, the
new debt does not mature until December 2021, which has
significantly reduced Autoparts' repayment risk.

The stable outlook on Autoparts Holdings reflects S&P's belief that
the company's margins have improved and will remain stable
following the sale of its Prestone segment.  In addition, the
company's reduced leverage and increased FOCF should allow it to
maintain a debt-to-EBITDA metric of less than 6x and a FOCF-to-debt
ratio of close to 10% following the proposed refinancing.

S&P would consider downgrading Autoparts over the next 12 months if
the company's sales fail to stabilize and its margins deteriorate
such that its debt-to-EBITDA exceeds 6x.  This could occur if
Autoparts continues to lose market share to its private-label
competitors or if the big box retailers further pressure the
company's margins by lowering the prices for their products.

While unlikely, S&P could raise its rating on Autoparts Holdings
over the next 12 months if the company's sales expanded, its
margins increased significantly, and its debt-to-EBITDA metric fell
below 5x on a sustained basis.  S&P would also have to be confident
that the company's financial sponsor would allow it to maintain
debt-to-EBITDA of less than 5x.



AUTUMN COVE: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Autumn Cove Apartments, LLC
        6200 Hillandale Drive
        Lithonia, GA 30058

Case No.: 16-71783

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Frank G. Nason, IV, Esq.
                  LAMBERTH, CIFELLI, ELLIS & NASON, P.A.
                  Suite W212
                  1117 Perimeter Center West
                  Atlanta, GA 30338
                  Tel: (404) 262-7373
                  Fax : (404) 262-9911
                  E-mail: fnason@lcenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Mike Kohn, manager, STOWA Member, LLC.

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/ganb16-71783.pdf


AVACEND INC: Court Allows HSB Cash Collateral Use on Final Basis
----------------------------------------------------------------
Judge C. Ray Mullins of the U.S. Bankruptcy Court for the Northern
District of Georgia authorized Avacend, Inc., to use Hamilton State
Bank's cash collateral on a final basis, until Dec. 31, 2016.

The Debtor is indebted to Hamilton State Bank in the amount of not
less than $1,865,838 pursuant to a revolving line of credit, and
the amount of not less than $577,689, pursuant to a promissory
note.  Hamilton State Bank has a first priority security interest
in all the Debtor's accounts.

The Debtor tells the Court that it requires the use of cash
collateral to pay operating expenses of its business, including
salaries, maintenance, utilities, taxes, and insurance, and to
preserve its assets for the benefit of all creditors and parties in
interest.

The Debtor is directed to make monthly adequate protection payments
in the amount of $14,000 to Hamilton State Bank.

Hamilton State Bank is granted replacement liens upon all
postpetition assets of the Debtor, of the same type and to the same
extent and validity as secured the Debtor's indebtedness to
Hamilton State Bank prior to the Petition Date.  Hamilton State
Bank is further granted a security interest in and lien upon all of
the Debtor's prepetition and postpetition assets, which is junior
to any valid and perfected lien granted by the Debtor to any other
party as of the Petition Date.

The Debtor or any other party in interest will have until Jan. 5,
2017, to file an adversary proceeding to challenge the existence,
extent, or validity of Hamilton State Bank's liens.

A full-text copy of the Final Order, dated Dec. 2, 2016, is
available at
http://bankrupt.com/misc/Avacend2016_1666654crm_46.pdf

Hamilton State Bank is represented by:

          Mark I. Duedall, Esq.
          BRYAN CAVE LLP
          One Atlantic Center – Fourteenth Floor
          1201 W. Peachtree Street, NW
          Atlanta, GA 30309-3488
          Telephone: (404) 572-6600
          E-mail: mark.duedall@bryancave.com

                        About Avacend, Inc.

Avacend, Inc., filed a Chapter 11 petition (Bankr. N.D. Ga. Case
No. 16-66654), on Sept. 21, 2016.  The petition was signed by
Kanchana Raman, authorized representative.  The Debtor is
represented by William A. Rountree, Esq., at Macey, Wilensky &
Hennings, LLC.  At the time of filing, the Debtor estimated assets
at $1 million to $10 million and liabilities at $1 million to $10
million.


AVACEND INC: Gets Final Nod to Use Hamilton Bank Cash Collateral
----------------------------------------------------------------
Judge C. Ray Mullins of the U.S. Bankruptcy Court for the Northern
District of Georgia authorized Avacend, Inc. to use Hamilton State
Bank's cash collateral on a final basis.

The Debtor owns and operates a staffing business located at 3155
North Point Parkway, Building G, Suite 100, Alpharetta, GA.

The Debtor was authorized to use cash collateral for the period
from the Petition Date through December 31, 2016 to pay operating
expenses on its business, including salaries, maintenance,
utilities, taxes, and insurance in order to preserve its assets for
the benefits of all creditors and parties in interest.  Hamilton
Bank has consented to the Debtor's use of its cash collateral
solely as provided in the final approved budget and subject to the
terms and protections of the Final Order.

The Debtor was indebted to Hamilton Bank pursuant to:

     (a) the Avacend loan, which consists of a revolving line of
credit in the maximum amount of $2,000,000, and

     (b) a promissory note in the original amount of $643,195, also
known as the real property loan.

The Debtor granted Hamilton Bank a first priority security interest
in all accounts with all other items of personal property,
including all rights to payment of any monetary obligations,
belonging to the Debtor, as security for the Advacend Loan.

Hamilton Bank contended that as of the Petition Date, the amount of
the Avacend loan outstanding was not less than $1,865,838, and the
amount of the real property loan outstanding was not less than
$577,689, exclusive of pre-petition attorney's fees, charges,
expenses or other obligations under the loan documents.

Judge Mullins granted Hamilton Bank with monthly adequate
protection payments in the amount of $14,000, and replacement liens
and continuing security interest in and lien upon all post-petition
assets of the Debtor.  The replacement lien will be of the same
type and to the same extent and validity as securing the Debtor's
indebtedness to the Lender prior to the Petition Date.

A full-text copy of the Final Order, dated December 4, 2016, is
available at https://is.gd/ucCiLA

Hamilton State Bank is represented by:

          Mark I. Duedal, Esq.
          BRYAN CAVE LLP
          One Atlantic Center - Fourteenth Floor
          1201 W. Peachtree Street, NW
          Atlanta, GA 30309-3488
          Telephone: (404) 572-6600
          Facsimile: (404) 572-6999
          Email: mark.duedall@bryancave.com


                          About Avacend, Inc.

Avacend, Inc. filed a Chapter 11 petition (Bankr. N.D. Ga. Case No.
16-66654), on September 21, 2016.  The petition was signed by
Kanchana Raman, authorized representative.  The Debtor is
represented by William A. Rountree, Esq. at Macey, Wilensky &
Hennings, LLC.  At the time of filing, the Debtor estimated assets
at $1 million to $10 million and liabilities at $1 million to $10
million.  

A copy of the Debtor's list of 20 unsecured creditors is available
for free at http://bankrupt.com/misc/ganb16-66654.pdf  


AVERY LAND: Selling Equipment to Pay Utica
------------------------------------------
Avery Land Group, LLC, asks the U.S. Bankruptcy Court for the
District of Nevada to authorize the sale of equipment and other
property to Industrial Assets Corp. and Maynards Industries USA,
LLC for a guaranteed minimum purchase price ("Guaranteed Price"),
who would then auction the equipment to the highest bidder at an
auction sale to occur no earlier than mid-January 2017.

A hearing on the Motion is set for Jan. 4, 2017 at 1:30 p.m.

On March 6, 2015, Utica entered into the Master Lease Agreement,
Riders and Equipment Schedules ("Utica Lease") with Kingman Farms,
LLC and Kingman AG Irrigation, LLC with respect to the equipment.
The Debtor is the successor-in-interest to Kingman Farms.  The
Utica Lease grants Utica a security interest in the equipment
("Utica Lien").

On Feb. 12, 2015, Utica filed a UCC Financing Statement covering
all assets of the Debtor; on Feb. 24, 2015, Utica amended the UCC
Financing Statement to cover only the equipment ("UCC Amendment").
Utica asserts a claim against the Debtor for an aggregate of
$2,298,407 owing under the Utica Lease.  The Debtor disputes the
amount of the Utica Claim, contending that it owed an aggregate of
$2,097,178 under the Utica Lease as of the Petition Date.

On Nov. 22, 2016, the Debtor and Utica entered into the Utica
Stipulation, providing that the Debtor would file the Motion,
seeking the Court's authority to sell the equipment to the Buyer
for a Guaranteed Price, who would then auction the equipment to the
highest bidder at an auction sale to occur no earlier than
mid-January 2017, and remit a portion of the auction proceeds, if
any, above a certain greater amount ("Participation Floor") to
Utica, thereby reducing the outstanding indebtedness.  The Debtor
agreed to forbear from filing any objections to the Utica Claim
until 14 calendar days after the auction date.

On Dec. 1, 2016, the Debtor, Utica and the Buyer entered into the
Sale/Auction Agreement.  Under the Sale/Auction Agreement, the
Buyer will purchase the equipment for the purchase price,
consisting of the Guaranteed Price, plus 80% of the proceeds of the
auction in excess of the Participation Floor.  The Buyer will
charge a 15% onsite charge and an 18% buyers' premium that will not
be included in the proceeds from the sale of the equipment for
purposes of calculating the purchase price.  The Buyer will pay the
purchase price to Utica to be applied in reduction of the Utica
Claim.

To the extent that the purchase price exceeds ("Excess") the
Debtor's Agreed Amount ($2,097,178), Utica will hold such Excess in
an escrow until the Debtor's objections to the Utica Claim are
resolved by Order of the Court.

A copy of the Sale/Auction Agreement attached to the Motion is
available for free at:

            http://bankrupt.com/misc/Avery_Land_125_Sales.pdf

There is ample justification for the Debtor's sale of the equipment
under the terms of the Sale/Auction Agreement, which are fair and
reasonable, and were negotiated in good faith.  The sale of the
equipment to the Buyer for the Guaranteed Price (to be paid to
Utica, and applied in reduction of the Utica Claim), with the
obligation to sell the equipment to the highest bidder at the
auction and pay a percentage of the proceeds above the
Participation Floor to Utica in further reduction of the Utica
Claim, maximizes value for the Debtor's Estate by reducing the
Utica Claim.  To the best of the Debtor's knowledge, the equipment
is not encumbered by any liens, claims or interests other than the
Utica Lien.

The Debtor asks the to approve the Sale/Auction Agreement; order
that the equipment will be transferred to the Buyer free and clear
of all liens, claims and encumbrances; and grant such other and
further relief as appropriate in the best interests of the estate.

                    About Avery Land Group

Avery Land Group, LLC, based in Las Vegas, NV, filed a Chapter 11
petition (Bankr. D. Nev. Case No. 16-14995) on Sept. 9, 2016.  The
case is assigned to Judge August B. Landis.  The Debtor is
represented by Brett A. Axelrod, Esq., at Fox Rothschild, LLP.

The Debtor estimated assets at $500,000 to $1 million and
liabilities at $1 million to $10 million.  The petition was signed
by James M. Rhodes, manager.

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

The Debtor has retained Anne M. Loraditch, Esq., at The Bach Law
Firm, LLC as conflicts counsel.


AVIS BUDGET: DBRS Confirms BB Issuer Rating
-------------------------------------------
DBRS, Inc. confirmed the ratings of Avis Budget Group, Inc. and its
related subsidiary, including its Issuer Rating of BB. The trend on
all ratings is Stable. The rating action follows a detailed review
of the Company's operating results, financial fundamentals and
future prospects.

The ratings reflects the strength of the Avis Budget franchise,
which is underpinned by its multi-brand strategy, top-tier market
position in North America, and increasing international presence.
From DBRS's perspective, the Company's diversity of revenue
sources, underpin its resilient earnings generation capacity, and
better positions the Company to withstand a cyclical downturn while
maintaining appropriate operating results. The ratings also
considers the Company's fleet management acumen and well-managed
liquidity profile. Ratings are constrained by the Company's
reliance on secured forms of wholesale funding and the leveraged
balance sheet.

The Stable trend reflects DBRS's view that Avis Budget will
continue to generate solid, yet somewhat pressured, operating
results in 2017. DBRS notes that industry fundamentals remain
favorable, however, several challenges remain, including uneven
global economic growth, declining used vehicle values, and the
potential impact of future geopolitical events on both corporate
and leisure demand.

In recent years, Avis Budget has strengthened the franchise by
broadening its geographic operating footprint and diversifying its
portfolio of brands. Further, management has sought to expand
revenues from more profitable channels and improve operating
efficiency. As a result of these actions, Avis Budget has become
less dependent on North American travel volumes, while improving
the resiliency of revenues. Indeed, International revenues for
9M16, represented approximately 30% of total revenues, compared to
15% for 9M09, despite headwinds from the stronger U.S. dollar.
Meanwhile, off-airport revenues were also 30% of total revenues, up
from approximately 19% in 2009. Overall, for 9M16, Avis Budget
generated pre-tax income of $322 million, a 15% decline
year-over-year (YoY), as increasing costs outpaced increasing net
revenues.

The Company's risk profile remains relatively stable. However, it
is DBRS's view that residual risk has increased given normalizing
used vehicle values and the Company's increasing levels of risk
vehicles (those vehicles that do not benefit from a residual value
guarantee from the manufacturer). Indeed, Avis Budget expects risk
vehicles to comprise approximately 70% of total vehicles for 2017,
up from 67% for 2016. The Company's decision is driven by original
equipment manufacturers (OEMs) increasing program vehicle costs, as
compared to more subdued increases on risk car purchase prices.
Importantly, and partially offsetting normalizing vehicle costs,
the Company continues to utilize alternative sales channels for the
disposition of risk vehicles, allowing it to capture a greater
share of the normally higher retail sales price as compared to the
wholesale auction channels. Meanwhile, other risks remain sound.
Since the financial crisis, Avis Budget has broadened the number of
OEMs and vehicle models in the fleet, reducing concentration risk.
The greater fleet diversity by OEM also better protects the Company
from a disruption to vehicle supply should any one manufacturer
become financially distressed or face a prolonged work stoppage.
While the expansion of risk vehicles in the fleet increases Avis
Budget's exposure to residual values, DBRS views the Company's
fleet management and use of program vehicles as prudent.

Liquidity continues to be well-managed and sufficient to meet
upcoming requirements. Corporate debt maturities are manageable
with no maturities until late 2017 ($250 million). Nevertheless,
the Company's reliance on vehicle-backed debt, which tends to have
shorter durations than corporate debt, does introduce a degree of
refinancing risk.

Avis Budget's highly leveraged balance sheet continues to be a
constraint on the ratings. At September 30, 2016, balance sheet
leverage (debt-to-equity, including fleet debt) was a very high
29.5x, up from 22.5x at September 30, 2015, reflecting stock
repurchases and higher debt. Importantly, DBRS notes that on a cash
flow leverage basis, (DBRS calculated: Debt-to-last twelve months
EBITDA) leverage was relatively stable from the comparable period a
year ago at 4.5x (4.4x in 2015).

RATING DRIVERS

While upward ratings movement is unlikely over the medium-term,
further improvement in the capital structure, specifically higher
levels of tangible equity, reduced levels of outstanding debt and
lower leverage may lead to positive rating momentum. Further,
sustained improvement in operating performance accompanied by a
notable reduction in the reliance on the North American on-airport
market could have positive rating implications. Conversely, a
sustained decline in revenue generation indicating a weakening of
the franchise, or a material loss resulting from fleet
mismanagement could result in downward rating pressure. Moreover, a
deterioration in the Company's liquidity position or a notable
increase in leverage, may negatively impact ratings.



AVISON YOUNG: S&P Assigns 'B+' ICR & Rates Proposed Debt 'B+'
-------------------------------------------------------------
S&P Global Ratings said it assigned its 'B+' long-term issuer
credit rating to Toronto-based Avison Young (Canada) Inc.  The
outlook is stable.  At the same time, S&P assigned its 'B+' rating
to the company's proposed senior secured issuance.  The recovery
rating on the notes is '4', indicating S&P's expectation for
average (30% to 50%, upper half of the range) recovery of principal
in the event of a payment default.

"The ratings reflect our view of Avison Young's position as a
relatively small but dynamic, strongly growing player in the highly
fragmented commercial real estate services industry, as well its
high leverage," said S&P Global Ratings credit analyst Daniel
Koelsch.

Avison Young is a principal-owned and led full-service commercial
real estate services firm.  The company offers a wide range of real
estate-related services including brokerage leasing, brokerage
sales and capital markets, property-, facilities- and project
management and consulting, advisory, and investment management
services.

Since 2008, Avison Young opened approximately 60 new offices, made
more than 30 acquisitions, and recruited more than 300 real estate
professionals.  As a result, it was able to increase its revenues
at a comprehensive annual growth rate of 40% from 2008-2016.  S&P
expects the company to continue to grow strongly, leveraging its
partnership structure to offer attractive incentive packages tied
to company ownership to brokers.

S&P believes that, unlike some of its much larger and more
established competitors such as CBRE Services Inc. or Jones Lang
LaSalle Inc., its brand equity, reputation, and market position are
still limited, albeit with a growing trajectory.  Avison Young is
currently mainly active in the U.S. (73% of revenues at
Sept. 30, 2016,) and Canada (25% of revenues), with some fledgling
operations in Europe and Mexico.

S&P believes that the company is well-positioned to benefit from
the positive market trends that S&P anticipates in the commercial
real estate services industry during the next two to three years,
particularly in its primary market, North America.

The ratings are constrained by what S&P considers below-average
profitability and high leverage.

The stable outlook reflects S&P's expectation that Avison Young
will continue to increase its base of real estate brokers and, as a
result, increase its transaction volumes, especially outside of
North America.  S&P's stable outlook is also based on the
assumption that the company will expand while maintaining current
leverage levels (debt/adjusted EBITDA between 6x-7x).

S&P would downgrade Avison Young if it observes significant
deterioration of its leverage and liquidity profile relative to
that of peers at a similar rating level.  S&P could also lower the
ratings if there is evidence that Avison Young's ambitious growth
strategy is beyond the limits of what may be considered
operationally possible, feasible, or prudent.

S&P believes that an upgrade is unlikely over the forecast horizon
and, if so, would most likely be the result of a significant
reduction in leverage.  While S&P could consider an upgrade if the
company materially improves its diversification and size of
transaction exposure, S&P believes that that would only be possible
in the long run or through a transformational change.


BASIC ENERGY: Hires Deloitte as Tax Service Provider
----------------------------------------------------
Basic Energy Services, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to retain Deloitte
Tax LLP as tax service provider to the Debtors.

Basic Energy requires Deloitte Tax to:

   (a) assist the Debtors under the Tax Compliance Work Order
       with the preparation of certain specified federal and
       state income tax returns, as identified in Exhibit A to
       the Tax Compliance Work Order, for the 2015 tax year (the
       "Tax Returns"). In connection with the Tax Returns,
       Deloitte Tax will also assist the Debtors in (i)
       calculating the amounts of related extension payments and
       prepare any necessary extension requests for this period,
       and (ii) calculating the Debtors' 2015 federal and state
       quarterly estimated tax payments, as necessary.

   (b) perform services pursuant to the Income Tax Services Work
       Order, which is expected to consist of: (i) assist the
       Debtors with their year-end supporting computation
       analysis and disclosure requirements pertaining to FASB
       Accounting Standards Codification ("ASC") 718 for the year
       ending December 31, 2016; (ii) assist with the Debtors'
       computation of their federal deferred tax asset/liability
       balance changes from the U.S. share-based compensation
       awards under ASC 718 for the year ending December 31, 2016
       due to the settlement of the share-based compensation
       awards and the expense under ASC 718; (iii) assist with
       the Debtors' computation of the ASC 718 items affecting
       the computation of their federal and state current tax
       provisions and liabilities for the year ending December
       31, 2016; (iv) assist with the Debtors' computation of
       quarter-by-quarter calculation of current charges and
       reversals to the Debtors' additional paid-in capital pool
       for the interim periods ending December 31, 2016; (v)
       assist with the Debtors' computation of their additional
       paid-in capital pool changes for the year ending December
       31, 2016; (vi) assist with the Debtors' computation of
       their entries required to adjust the income tax account
       balances such that they are consistent with the tax
       returns filed for the year ended December 31, 2015; (vii)
       assist with the Debtors' computation of their federal and
       state current income tax asset/liability balances as of
       December 31, 2016; (viii) assist the Debtors in computing
       their federal and state current income tax provisions for
       the year ending December 31, 2016; (viii) assist the
       Debtors with their computation of their federal and state
       deferred income tax asset/liability balances as of
       December 31, 2016; (ix) assist the Debtors in computing
       their federal and state deferred income tax provisions for
       the year ending December 31, 2016; (x) assist the Debtors
       with their classification of deferred tax assets and
       liabilities into appropriate disclosure categories (non-
       current asset and non-current liability) as of December
       31, 2016; (xi) assist the Debtors with their computation
       of amounts to be included in the Debtors' interim
       financial statements for the periods ended March 31, 2016,
       June 30, 2016 and September 30, 2016; (xii) assist the
       Debtors with their preparation of the income tax footnote
       and related disclosures for the year ending December 31,
       2016, as provided by the Debtors to Deloitte Tax; and
       (xiii)assist with the Debtors' computation of tax
       depreciation for the year ending December 31, 2016,
       subject to the defined scope and mutual responsibilities
       as agreed-upon prior to commencing.

   (c) assist the Debtors in performing certain federal, state,
       and/or local tax services related to the continuing
       operation of the Debtors' businesses under the
       Miscellaneous Tax Services Engagement Letter.

   (d) perform services pursuant to the Tax Consultation Services
       Engagement Letter, 5 including the provision of tax
       consultation services in connection with the Debtors'
       representation by Meadows, Collier, Reed, Cousins, Crouch
       & Underman, LLP on certain matters, and assistance in the
       preparation of certain, mutually agreed-upon, pro-forma
       U.S. Corporation Income Tax Return, Form 1120, and
       Oklahoma Corporation Income Tax Return, Form 520, for the
       2005 through 2015 tax periods.

Deloitte Tax will be paid at these hourly rates:

   Partner/Principal/Managing Director            $660
   Senior Manager                                 $588
   Manager                                        $498
   Senior Consultant                              $414
   Consultant                                     $330

The Debtors paid Deloitte Tax in the amount of $183,992, in the
ninety days prior to the petition date. As of the petition date,
$31,575 remained outstanding.

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

Robert B. Gabriel, member of Deloitte Tax 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.

Deloitte Tax can be reached at:

     Robert B. Gabriel
     DELOITTE TAX LLP
     1111 Bagby St., Suite 4500
     Houston, TX 77002-2591
     Tel: (713) 982-2000
     Fax: (713) 982-2001

                  About Basic Energy Services

North 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
Chapter 11 bankruptcy 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 Richards, Layton & Finger, P.A. as Delaware
counsel; Weil Gotshal, as bankruptcy co-counsel; AP Services, LLC,
as crisis managers and to provide the Debtors with a Chief
Restructuring Officer and certain other officers and personnel;
Moelis and Company, as investment banker; Andrews Kurth Kenyon LLP,
as corporate counsel; and Epiq Bankruptcy Solutions, LLC, as
administrative advisor.

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.,
     -- 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.



BENJAMIN AND BENT: Hires Fairbanks as Counsel
---------------------------------------------
Benjamin and Bent Enterprises, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of South Carolina to employ
Philip Fairbanks, Esq., P.C. as counsel to the Debtor.

Benjamin and Bent requires Fairbanks to:

   a. advise the Debtor of its rights, powers and duties;

   b. attend meetings with the Debtor and hearings before the
      Court;

   c. assist other professionals retained by the Debtor in the
      investigation of the acts, conduct, assets, liabilities and
      financial condition of the Debtor, and any other matters
      relevant to the case or to the formulation of a plan of
      reorganization or liquidation;

   d. investigate the validity, extent, and priority of secured
      claims against the Debtor's estates, and investigate the
      acts and conduct of such secured creditors and other
      parties to determine whether any causes of action may
      exist;

   e. advise the Debtor with regard to the preparation and filing
      of all necessary and appropriate applications, motions,
      pleadings, draft orders, notices, schedules, and other
      documents, and review all financial and other reports to be
      filed in the bankruptcy case;

   f. advise the Debtor with regard to the preparation and filing
      of responses to applications, motions, pleadings, notices
      and other papers that may be filed and served in the
      Chapter 11 case by other parties; and

   g. perform other necessary legal services for and on behalf of
      the Debtor that may be necessary or appropriate in the
      administration of the Chapter 11 case

Fairbanks will be paid at these hourly rates:

     Philip Fairbanks                  $300-$350
     Paralegal                         $100-$125

Fairbanks was paid the amount of $7,400 in pre-petition charges.

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

Philip Fairbanks, member of Philip Fairbanks, Esq., 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.

Fairbanks can be reached at:

     Philip Fairbanks, Esq.
     PHILIP FAIRBANKS, ESQ., P.C.
     1214 King Street
     Beaufort, SC 29902
     Tel: (843) 521-1580

                About Benjamin and Bent Enterprises, LLC.

Benjamin and Bent Enterprises, LLC dba Rick Bent Flooring filed a
Chapter 11 petition (Bankr. D.S.C. Case No. 16-05349), on October
25, 2016. The petition was signed by Louis Benjamin, president. The
case is assigned to Judge John E. Waites. The Debtor's counsel is
Philip L. Fairbanks, Esq., Philip L. Fairbanks, Esq., P.C. At the
time of filing, the Debtor estimated assets at $100,000 to $500,000
and liabilities at $1 million to $10 million.

The petition was signed by Louis Benjamin, president.



BONANZA CREEK: Receives Noncompliance Notice from NYSE
------------------------------------------------------
Bonanza Creek Energy, Inc., announced that on Nov. 28, 2016, it was
notified by The New York Stock Exchange that the Company is no
longer in compliance with certain continued listing standards that
are applicable to the Company.  The Company's 30-day average
closing share price as of Nov. 22, 2016, was $0.99, in violation of
the listing standard set forth in Section 802.01C of the NYSE
Listed Company Manual.  This standard requires the trailing 30-day
average closing share price to remain above $1.00.  The Company was
notified of a similar violation in August, which was cured on Sept.
30, 2016.

As outlined in Section 802.01C of the NYSE Listed Company Manual,
upon receiving notice, the Company has a six-month cure period to
regain compliance.  Within this cure period, the Company must have
a closing share price of $1.00 or higher on the last trading day of
a given month or at the end of the cure period.  In addition, the
Company's coinciding trailing 30-day average closing share price
must also be $1.00 or higher.

The Company will notify the NYSE of its intention to regain
compliance within the six-month cure period.  During the cure
period, the Company's stock will continue to be listed on the NYSE,
subject to its ability to remain in compliance with other continued
listing standards.  The notice received from the NYSE does not
affect the ongoing business of the Company, nor does it trigger any
violations of its secured or unsecured debt obligations.

                    About Bonanza Creek

Bonanza Creek is an independent energy company engaged in the
acquisition, exploration, development and production of onshore oil
and associated liquids-rich natural gas in the United States.
Bonanza Creek Energy, Inc. was incorporated in Delaware on Dec. 2,
2010, and went public in December 2011.

The Company reported a net loss of $746 million in 2015 following
net income of $20.3 million in 2014.

As of Sept. 30, 2016, Bonanza had $1.22 billion in total assets,
$1.13 billion in total liabilities and $84.75 million in total
stockholders' equity.

                         *     *     *

As reported by the TCR on Oct. 19, 2016, S&P Global Ratings lowered
its corporate credit rating on U.S.-based oil and gas exploration
and production company Bonanza Creek Energy Inc. to 'D' from 'CC'.
"The downgrade follows Bonanza Creek's announcement that it elected
not to make the Oct. 15, 2016 interest payment on the 6.75% senior
unsecured notes due 2021," said S&P Global Ratings credit analyst
Daniel Krauss.


BONANZA CREEK: To Repay Borrowing Base Deficiency in 6 Installments
-------------------------------------------------------------------
Bonanza Creek Energy, Inc., previously reported that it received
notice on Oct. 31, 2016, of a Borrowing Base Deficiency of $50
million under its Credit Agreement dated March 29, 2011.

Under the terms of the Credit Agreement, the Company must pursue
one of the following options to address the Borrowing Base
Deficiency:

   (A) within 20 days after the Deficiency Notice Date, deliver to
       the Administrative Agent written notice of the Company's  
       election to repay Advances such that the Borrowing Base
       Deficiency is cured within 30 days after the Deficiency
       Notice Date;

   (B) pledge, within 30 days after the Deficiency Notice Date,
       additional Oil and Gas Properties acceptable to the
       Lenders, which the Lenders deem sufficient in their sole
       discretion to eliminate the Borrowing Base Deficiency;

   (C) within 20 days after the Deficiency Notice Date, deliver to
       the Administrative Agent written notice of the Company's
       election to repay Advances in six monthly installments
       equal to one-sixth of the Borrowing Base Deficiency, with
       the first such installment due 30 days after the Deficiency
       Notice Date and each following installment due 30 days
       after the preceding installment; or

   (D) within 20 days after the Deficiency Notice Date, deliver to
       the Administrative Agent written notice of the Company's
       election to combine the options in clause (B) and (C)
       above, and indicating the amount to be repaid in
       installments and the amount to be provided as additional
       Collateral.

The Company elected to repay Advances in six monthly installments
equal to one-sixth of the Borrowing Base Deficiency.  On Nov. 30,
2016, the Company made the first of the six installment payments.

                     About Bonanza Creek

Bonanza Creek is an independent energy company engaged in the
acquisition, exploration, development and production of onshore oil
and associated liquids-rich natural gas in the United States.
Bonanza Creek Energy, Inc. was incorporated in Delaware on Dec. 2,
2010, and went public in December 2011.

The Company reported a net loss of $746 million in 2015 following
net income of $20.3 million in 2014.

As of Sept. 30, 2016, Bonanza had $1.22 billion in total assets,
$1.13 billion in total liabilities and $84.75 million in total
stockholders' equity.

                         *     *     *

As reported by the TCR on Oct. 19, 2016, S&P Global Ratings lowered
its corporate credit rating on U.S.-based oil and gas exploration
and production company Bonanza Creek Energy Inc. to 'D' from 'CC'.
"The downgrade follows Bonanza Creek's announcement that it elected
not to make the Oct. 15, 2016 interest payment on the 6.75% senior
unsecured notes due 2021," said S&P Global Ratings credit analyst
Daniel Krauss.


BOWER CONTRACTING: Case Summary & 2 Unsecured Creditors
-------------------------------------------------------
Debtor: Bower Contracting, Inc.
        3375 WM 800 B
        Mosca, CO 81146

Case No.: 16-21735

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       District of Colorado (Denver)

Judge: Hon. Thomas B. McNamara

Debtor's Counsel: Jeffrey S. Brinen, Esq.
                  KUTNER BRINEN, P.C.
                  1660 Lincoln St., Ste. 1850
                  Denver, CO 80264
                  Tel: 303-832-2400
                  E-mail: jsb@kutnerlaw.com

Estimated Assets: $0 to $50,000

Estimated Debts: $1 million to $10 million

The petition was signed by David R. Bower, president.

A copy of the Debtor's list of two unsecured creditors is available
for free at http://bankrupt.com/misc/cob16-21735.pdf


BPS US HOLDINGS: Auction of All Assets on Jan. 30
-------------------------------------------------
BPS US Holdings, Inc., and its affiliates filed a notice with the
U.S. Bankruptcy Court for the District of Delaware disclosing that
an auction of substantially all assets will take place on Jan. 30,
2017 at 10:00 a.m. (PET) at the offices of Paul, Weiss, Rifkind,
Wharton & Garrison, LLP, 1285 Avenue of the Americas, New York, New
York.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
subsidiaries filed for relief before the Court, and the Ontario
Superior Court of Justice (Commercial List) ("Canadian Court").
The Bankruptcy Court presides over the Debtors' jointly
administered chapter 11 bankruptcy cases captioned In re BPS US
Holdings Inc. et al., Ch. 11 Case No. 16-12373 (KJC) (Bankr. D.
Del. Oct. 31, 2016).  The Canadian Court presides over the Debtors'
creditor protection proceedings commenced under Canada's Companies'
Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended.

On Oct. 31, 2016, the Debtors filed in each of the Proceedings the
Motion for (I) an Order (A) Establishing Bidding Procedures for the
Sale of All, or Substantially All, of the Debtors’ Assets; (B)
Approving Bid Protections; (C) Establishing Procedures Relating to
the Assumption and Assignment of Executory Contracts and Unexpired
Leases; (D) Approving Form and Manner of the Sale, Cure and Other
Notices; and (E) Scheduling an Auction and as Hearing to Consider
the Approval of the Sale; (II) an Order (A) Approving the Sale of
the Debtors' Assets Free and Clear of Claims, Liens and
Encumbrances; and (B) Approving the Assumption and Assignment of
Executory Contracts and Unexpired Leases; and (III) Granting
Related Relief ("Sale Motion").  By the Sale Motion, the Debtors
seek, inter alia, to conduct a sale by auction of all or
substantially all of their assets and to assume and assign certain
executory contracts and unexpired leases to a group of investors
led by Sagard Capital Partners, L.P. ("Stalking Horse Purchaser")
pursuant to an asset purchase agreement by and among the Sellers
and the Stalking Horse Purchaser ("Stalking Horse Agreement").  The
Stalking Horse Agreement is subject to higher or otherwise better
offers at the Auction.

On Nov. 30, 2016, pursuant to the Sale Motion, the Court entered a
Bidding Procedures Order approving the auction and bidding
procedures in connection with the proposed sale.

A hearing to approve the sale, including the assumption and
assignment of certain Stalking Horse Bidder Designated Contracts
(or such contracts as are designated by the successful bidder at
the auction), will be held on Feb. 6, 2017 at 10:00 a.m. (PET)
before the Courts.

Pursuant to the Bidding Procedures Order, any sale objections must
be filed on and served so as to be received by Jan. 25, 2017 at
4:00 p.m. (PET).

                       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.


BRADLEY LOTT: Plan Outline Gets Preliminary OK; Hearing on Jan. 5
-----------------------------------------------------------------
The Hon. Maria L. Oxholm of the U.S. Bankruptcy Court for the
Eastern District of Michigan has granted preliminary approval to
Bradley T. Lott's disclosure statement referring to the Debtor's
second amended combined plan.

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. 29, 2016.

The hearing on objections to final approval of the Disclosure
Statement and confirmation of the Plan will be held on Jan. 5,
2017, at 11:00 a.m.

The deadline for all professionals to file final fee applications
is 30 days after the confirmation court order is entered.

As reported by the Troubled Company Reporter on Oct. 5, 2016, the
Debtor filed the Plan and the accompanying Disclosure Statement
proposing that holders of allowed unsecured claims will receive a
pro rata distribution incident to its allowed general unsecured
claim based on four payments each year of $15,000 for five years.

                      About Bradley T. Lott

Bradley T. Lott filed a Chapter 11 petition (Bankr. E.D. Mich. Case
No. 16-47951) on May 27, 2016.

The Debtor is the president and owner of Lott Wealth Management,
LLC, which provides financial planning services to clients through
an independent contractor agreement with D.B. French & Co.  Prior
to the Petition Date, the Debtor was named defendant in litigation
with Morgan Stanley Smith Barney LLC and Morgan Stanley Smith
Barney FA Notes Holding LLC regarding their previous business
relationship.  The legal fees to defend the litigation were quickly
outpacing the Debtor's monthly income.  Ultimately, the Debtor was
forced to seek Chapter 11 bankruptcy protection.

The Debtor is represented by Charles D. Bullock, Esq., Ernest M.
Hassan, III, Esq., and Michelle Stephenson, Esq., at Stevenson &
Bullock, P.L.C.


BSD MANAGEMENT: Case Summary & 3 Unsecured Creditors
----------------------------------------------------
Debtor: BSD Management Group LLC
        1630 43rd Street
        Brooklyn, NY 11204

Case No.: 16-13377

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 2, 2016

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

Debtor's Counsel: Hanh V. Huynh, Esq.
                  HERRICK, FEINSTEIN LLP
                  2 Park Avenue
                  New York, NY 10016
                  Tel: (212) 592-1482
                  Fax: (212) 592-1500
                  E-mail: hhuynh@herrick.com

Total Assets: $2.50 million

Total Liabilities: $2.26 million

The petition was signed by Naftali Leser, sole member.

A copy of the Debtor's list of three unsecured creditors is
available for free at http://bankrupt.com/misc/nysb16-13377.pdf


BWAY HOLDING: Moody's Assigns B2 Rating on $1.24-Bil. Secured Loan
------------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to the $1,240
million Senior Secured Term Loan due 2023 of BWAY Holding Company,
Inc.  The company's B3 Corporate Family Rating, B3-PD Probability
of Default rating and other instrument ratings are unchanged.  The
proceeds from the new loan will be used to replace the existing
Senior Secured Term Loan due 2020, pay fees and expenses related to
the transaction, and add a small amount of cash to the balance
sheet.  The transaction is credit neutral.  The company anticipates
a reduction in interest expense as a result of the refinancing.
The rating outlook is stable.

Moody's took these actions:

BWAY Holding Company, Inc.

   -- Unchanged B3 Corporate Family Rating
   -- Unchanged B3-PD Probability of Default Rating
   -- Unchanged $1,220 million Senior Secured Term Loan due 2020,
      B2/LGD 3 (to be withdrawn at close of transaction)
   -- Unchanged $650 million Senior Unsecured Notes due 2021,
      Caa2/LGD 5
   -- Assigned $1,240 million Senior Secured Term Loan due 2023,
      B2/LGD 3
   -- The outlook remains stable

The ratings are subject to the receipt and review of the final
documentation.

                         RATINGS RATIONALE

BWAY's B3 corporate family rating reflects the weak credit metrics,
high concentration of sales and cyclical nature of the primary end
market.  The rating also reflects the company's financial
aggressiveness.  The company generates approximately 52% of its
revenue from the US housing and construction-related end markets
(including paint and other building products) and 16% from one
customer.  Additionally, the top ten customers account for
approximately 37% of revenue (52% in the metal segment).  While
most of the acquisition targets are smaller bolt-on, the potential
for a larger debt-financed acquisition exists and integration risk
remains.  The company has long-term contracts with customers that
contain cost pass-through provisions for core raw materials, but
other costs are excluded and the contracts allow for competitive
bids.

The ratings are supported by the company's strong competitive
position in the US housing and construction-related end markets
including a dominant share in the metal segment and the limited
number of suppliers with scale and breadth of product line.  BWAY
also benefits from strong liquidity, long-standing customer
relationships and some exposure to the relatively more stable
consumer products related end markets.  The company has limited
competition from imports due to the freight costs for most of its
products (bulky and light empty pails) and the comparatively low
percentage of labor costs.  The ratings are also supported by
anticipated benefits from completed and in-process cost saving
initiatives and the reduction of onetime charges in 2016.
Management has pledged to direct all free cash flow to debt
reduction.

The rating outlook is stable.  The stable outlook reflects an
expectation of an improvement in credit metrics as the company
benefits from cost saving initiatives and pricing and dedicates all
free cash flow to debt reduction.

The rating could be upgraded if BWAY sustainably improves credit
metrics and maintains strong liquidity within the context of a
stable operating and competitive environment.  The company would
also need to adopt less aggressive financial policies.
Specifically, the ratings could be upgraded if debt to EBITDA
declines below 5.5 times, funds from operations to debt increases
to above 8.75% and EBITDA to gross interest improves to over 2.0
times.

The rating could be downgraded if BWAY fails to improve credit
statistics or there is a deterioration in liquidity, and/or the
operating and competitive environment.  Continued aggressive
financial policies could also pressure the rating.  Specifically,
the rating could be downgraded if total debt to EBITDA remains
above 6.0 times, funds from operations to debt remains below 6.0%
and EBITDA to gross interest remains below 2.0 time.

The principal methodology used in this rating was "Packaging
Manufacturers: Metal, Glass, and Plastic Containers" published in
September 2015.

BWAY manufactures general line metal and plastic containers for
industrial and consumer products.  Metal containers accounted for
approximately 48% of BWAY's revenue in fiscal 2015 and plastic
containers for 52%.  With 24 manufacturing facilities across the
United States and in Canada and Puerto Rico, BWAY is a national
supplier of steel paint cans, plastic pails, paint bottles and
ammunition boxes.  The company generates 91% of sales in the U.S.
and 8% in Canada.  Revenue for the twelve months ended Sept. 30,
2016 was approximately $1.4 billion.  BWAY is owned by private
equity firm, Stone Canyon Industries.


CAROUSEL PROPERTIES: Case Summary & 4 Unsecured Creditors
---------------------------------------------------------
Debtor: Carousel Properties, LLC
        3319 FM 1810
        Chico, TX 76431

Case No.: 16-44621

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Russell F. Nelms

Debtor's Counsel: Jeff P. Prostok, Esq.
                  FORSHEY & PROSTOK, LLP
                  777 Main St., Suite 1290
                  Ft. Worth, TX 76102
                  Tel: 817-877-8855
                  E-mail: jpp@forsheyprostok.com
                          jprostok@forsheyprostok.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Bettye Jeanne Rigdon, president.

A copy of the Debtor's list of four unsecured creditors is
available for free at http://bankrupt.com/misc/txnb16-44621.pdf


CEETOP INC: Sold 3 Million Preferred Shares to President
--------------------------------------------------------
Ceetop Inc. entered into a stock purchase agreement and sold a
3,000,000 shares of the Company's Series A Preferred Stock for an
aggregate purchase price of $500,000 to Weiliang Liu, president and
director of the Company.

The issuance of the Shares was not registered under the Securities
Act of 1933, and was made in reliance upon the exemptions from the
registration requirements of the Securities Act set forth in
Regulation S thereof.

                       About Ceetop Inc.

Oregon-based Ceetop Inc., formerly known as China Ceetop.com,
Inc., owned and operated the online retail platform before 2013.
Due to excessive competition in online retail, the Company has
transformed itself into an integrated supply chain services
provider, and focuses on B to B supply chain management and
related value-added services among enterprises.

As of Sept. 30, 2016, Ceetop Inc. had $1.79 million in total
assets, $511,267 in total liabilities and $1.28 million in total
stockholders' equity.

For the year ended Dec. 31, 2015, the Company's independent
auditors, in their report on the financial statements, indicated
the Company has experienced recurring losses from operations and
may not have enough cash and working capital to fund its operations
beyond the very near term, which raises substantial doubt about our
ability to continue as a going concern.  Management has made a
similar note in the financial statements.  The Company said it has
need of capital for the implementation of its business plan, and it
will need additional capital for continuing its operations.  

"We do not have sufficient revenues to pay our expenses of
operations.  Unless the Company is able to raise working capital,
or generate sufficient revenues, it is likely that the Company will
either have to cease operations or substantially change its methods
of operations or change its business plan," the Company stated in
its quarterly report on Form 10-Q for the period ended Sept. 30,
2016.


CHANNEL TECHNOLOGIES: Hires Fernald Law as Special Counsel
----------------------------------------------------------
Channel Technologies Group, LLC, seeks authority from the U.S.
Bankruptcy Court for the Central District of California to employ
Fernald Law Group LLP as special counsel to the Debtor.

The Debtor is in dispute with Nightline, Inc., regarding an account
receivable owing to the Debtor in the amount of $225,000.

Channel Technologies requires Fernald Law to assist the Debtor with
the collection of the account receivable, and to provide legal
services as may be necessary and appropriate in connection with the
recovery of the account receivable.

Fernald Law will be paid at the hourly rate of $150, with a fee cap
of $7,500.  Fernald Law will be paid 15% of the amount recovered
from Nightline, Inc.  The firm will also be reimbursed for
reasonable out-of-pocket expenses incurred.

Adam P. Zaffos, member of Fernald Law Group 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.

Fernald Law can be reached at:

     Adam P. Zaffos, Esq.
     FERNALD LAW GROUP LLP
     510 W. 6th Street, Suite 700
     Los Angeles, CA 90014
     Tel: (323) 410-0300
     Fax: (323) 410-0330

                  About Channel Technologies Group

Headquartered in Santa Barbara, California, Channel Technologies
Group, LLC, designs and manufactures piezoelectric ceramics,
transducers, sonar equipment and other related products sold
primarily to military, commercial, and industrial customers in the
United States and internationally.

CTG is a privately owned California limited liability company
founded in 1959. In 2011, CTG was acquired by BW Piezo Holdings,
LLC, a Delaware limited liability company, from Alta Properties,
Inc., f.k.a. Channel Technologies, Inc. BWP now owns 100% of CTG's
member interests. BWP is majority-owned by Blue Wolf Capital Fund
II, L.P. (the Company's pre-petition lender), which is an
investment fund managed by Blue Wolf Capital Advisors, L.P. CTG is
a member-managed LLC. Charles Miller is the manager.

CTG filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-11912) on Oct. 14, 2016.  The case is assigned to Judge Peter
Carroll.

The Debtor estimated $10 million to $50 million in assets and
debt.

The Debtor has engaged Jeffrey W. Dulberg, Esq., at Pachulski Stang
Ziehl & Jones LLP as bankruptcy counsel, CR3 Partners, LLC as
restructuring advisor, and Prime Clerk LLC as noticing, claims and
balloting agent.


CHAPARRAL ENERGY: Plan Exclusivity Period Extended Thru Jan. 11
---------------------------------------------------------------
Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware extended the exclusive periods within
which only Chaparral Energy, Inc. and its affiliated Debtors have
the exclusive right to file a chapter 11 plan and solicit
acceptances to the plan to January 11, 2017 and March 13, 2017,
respectively.

The Troubled Company Reporter had reported earlier that the Debtors
sought for exclusivity extension since they are still in the
process of finalizing a restructuring support agreement and certain
ancillary documents memorializing the final terms and conditions of
a consensual deal.  The Debtors related that they have reached an
agreement on the framework for a consensual plan of reorganization
with their Prepetition Lenders and the Ad Hoc Committee of
Bondholders, and the Parties are currently exchanging numerous
drafts of the documents and have made significant progress toward
the resolution of the outstanding issues.

The Debtors believed that extending the exclusive periods will
provide all parties involved in the negotiations the opportunity to
finalize the restructuring support agreement and will allow the
Debtors the time necessary to prepare and file a disclosure
statement and a plan of reorganization that will maximize the
interests of all of the Debtors' creditors and other parties in
interest.

The potential Restructuring also contemplates that the Lenders'
claims against the Company will be partially paid down on the
effective date of the Debtors' plan of reorganization, with the
remaining $375 million outstanding to be restructured into a
four-year, $225 million first-out revolving loan and $150 million
second-out term loan.

                         About Chaparral Energy, Inc.

Founded in 1988, Chaparral Energy, Inc., is a Delaware corporation
headquartered in Oklahoma City and a pure play Mid-Continent
independent oil and natural gas exploration and production
company.

At March 31, 2016, the Company had total assets of $1,229,373,000,
total current liabilities of $1,940,742,000 and total stockholders'
deficit of $759,546,000.

Chaparral Energy, Inc., and its 10 affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Lead Case
No. 16-11144) on May 9, 2016.  The petition was signed by Mark A.
Fischer, chief executive officer.

The Debtors are represented by Richard Levy, Esq., Keith Simon,
Esq., David McElhoe, Esq., and Marc Zelina, Esq., at Latham &
Watkins LLP; and Mark D. Collins, Esq., at Richards, Layton &
Finger, P.A., as counsel.  Kurtzman Carson Consultants LLC serves
as administrative advisor.

The Debtors continue to manage and operate their businesses as
debtors in possession pursuant to Sections 1107 and 1108 of the
Bankruptcy Code.  No trustee or examiner has been requested in the
Chapter 11 Cases.

The Office of the U.S. Trustee on May 18 disclosed that no official
committee of unsecured creditors has been appointed in the case.

Milbank, Tweed, Hadley & McCloy LLP and Drinker Biddle & Reath LLP
represent an ad hoc committee of holders of (i) 9.875% Senior Notes
due 2020, (ii) 8.25% Senior Notes and (iii) 7.625% Senior Notes due
2022 issued by the Debtors.


CHARLES DONALD LEONARD: DOJ Watchdog Seeks Ch. 11 Trustee
---------------------------------------------------------
The United States Trustee asks the U.S. Bankruptcy Court for the
District of Nebraska to enter an order directing the appointment of
a Chapter 11 Trustee for Charles Donald Leonard and Margaret Rose
Leonard.

According to the U.S. Trustee, there is a cause for the appointment
of a Chapter 11 Trustee when the Debtors:

     (a) failed to provide the United States Trustee with
information regarding the disbursement of large sums to Cinch
Cattle Company;

     (b) transfer substantial funds to Cinch Cattle Company, which
resulted in a diminution of the estate, and the Debtors have failed
to account for large tax refunds they have received in their
liquidation analysis to the Disclosure Statement; and

     (c) transfer large funds to Cinch Cattle without seeking and
obtaining court approval, after notice and a hearing, which
constitutes gross mismanagement.

Accordingly, the United States Trustee asserts that it is in the
best interests of creditors and the estate to appoint a chapter 11
trustee to investigate the financial affairs of the debtors and
propose a plan to maximize the return to creditors.

Charles Donald Leonard and Margaret Rose Leonard, dba Leonard
Cattle Company, filed a joint Chapter 11 petition (Bankr. D. Neb.
Case No. 15-82016) on December 14, 2015.  The Joint Debtors are
represented by Victor E. Covalt, III, Esq., at Ballew, Covalt PC
LLO, in Lincoln, Nebraska, and David Grant Hicks, Esq., at Pollak,
Hicks, & Alhejaj, P.C., in Omaha, Nebraska.


CHENIERE CORPUS: Moody's Rates Proposed $1BB Sr. Sec. Bonds Ba3
---------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Cheniere Corpus
Christi Holdings, LLC's (CCH or the project) proposed $1.0 billion
senior secured bond offering.  Concurrent with this action Moody's
affirmed the Ba3 rating on CCH's $1.25 billion senior secured notes
due 2024.  The rating outlook for CCH is stable.

Proceeds from the bond offering will be used to repay and reduce
commitments under CCH's approximate $7.4 billion senior secured
term loan facility due May 2022.

                          RATINGS RATIONALE

CCH owns Corpus Christi Liquefaction, LLC (CCL), currently a two
train liquefied natural gas (LNG) project under construction with a
capacity of 9.0 million tonnes per annum (mtpa) and Cheniere Corpus
Christi Pipeline, L.P. (CCP), a 23-mile long natural gas pipeline
which will bring feedstock to CCL from various intrastate and
interstate pipelines.  CCH, CCL and CCP are owned by Cheniere
Energy, Inc. (Cheniere: not rated).  CCH's senior secured notes are
guaranteed by CCL, CCP and Corpus Christi Pipeline GP, LLC (CCP
GP).

CCH's Ba3 senior secured rating is supported by fixed capacity type
payments under 20-year Sale and Purchase Agreements (SPA) between
CCL and six separate investment grade counterparties that provide
significant and predictable future cash flows.  Moreover, the
rating considers the lump sum Engineering, Procurement, and
Construction (EPC) contract with a subsidiary of Bechtel
Corporation (Bechtel) and Bechtel's global experience in building
similar large LNG liquefaction facilities.  The Ba3 rating
incorporates construction risk, complexities around the
consolidated capital structure, sizable equity contribution
requirements from Cheniere and operating period execution risks.

Unexpected site conditions, discovered existing underground
pipelines, delayed FERC approvals and rain events have negatively
impacted Bechtel's accelerated construction progress at the
project.  That said, the delays have not been significant enough to
impact Bechtel's Guaranteed Substantial Completion Dates.  The
rating and outlook reflect the expectation that CCL will be
completed no later than the Guaranteed Substantial Completion Dates
of October 2019 for Train 1 and July 2020 for Train 2.  Upon
Substantial Completion, CCL can begin to fulfill its obligations to
its SPA counterparties within the parameters of the SPA.  The
rating also assumes CCL will be completed within the approximate
$11.7 billion budgeted cost, which includes a cost overrun
contingency of $625 million, and will be funded with the required
mix of debt and equity.

Project costs to date have been funded with approximately 72% debt
and 28% equity.  In order to comply with the requirement that 25%
of total project costs be funded with equity or cash flow generated
during operations, Cheniere anticipates needing to begin
contributing additional equity as early as January 2017.
Incremental equity contributions from Cheniere to CCH to maintain
the compliance requirement are approximately $1.1 billion through
2019.  Cheniere intends to fund this requirement with corporate
cash, which totaled $990 million at Sept. 30, 2016, near-term
operating cash flow or additional capital raises.  CCH's Ba3 rating
assumes that Cheniere provides the required equity contribution as
needed and therefore funding, when completed, will not have
positive rating ramifications.  However, the failure by Cheniere to
make required equity contributions would prohibit CCH from
accessing debt funding and would have negative rating consequences
for CCH.

Rating Outlook
CCH's stable rating outlook reflects the expectation that Cheniere
will provide equity funding as required and that construction will
be completed on time and on budget.

Factors that Could Lead to an Upgrade
CCH's rating is unlikely to be upgraded in the near-term given the
multi-year construction period.  Over the longer-term, positive
trends that could lead to an upgrade include material progress
towards successful construction completion, attainment of
commercial operation, and good operational performance.  The
communication of a financial strategy that includes meaningful debt
amortization is also a rating consideration.

Factors that Could Lead to a Downgrade
CCH's rating could be pressured should it encounter significant
construction cost overruns or delays, major operating problems or
if there is material offtaker credit deterioration.  Moreover,
CCH's rating would be downgraded should Cheniere be unable to
provide the required equity funding.  While certain ring-fencing
mechanisms have been implemented, CCH's rating could also face
negative rating action if Cheniere experiences significant
financial stress.

The principal methodology used in these ratings was Generic Project
Finance Methodology published in December 2010.



CHENIERE CORPUS: S&P Gives Prelim. BB- Rating on $1BB Notes
-----------------------------------------------------------
S&P Global Ratings said it assigned its preliminary 'BB-' issue
rating and preliminary '2' recovery rating to U.S. project
financing Cheniere Corpus Christi Holdings, LLC's (CCH) proposed $1
billion senior secured notes due 2025.  The rating outlook is
stable.

The '2' recovery rating indicates expectations for substantial (70%
to 90%; upper half of the range) recovery in the event of a
default).

S&P will provide final debt and recovery ratings on the notes based
on a review of final transaction documentation to expected terms.

At the same time, S&P assigned a 'BB-' issue rating and '2'
recovery rating to CCH's $1.25 billion notes issued in May 2016
following a review of final documentation, construction progress,
and expected financial performance.

"For CCH, our outlook assesses the potential direction of the
rating on the notes over the next 18 to 24 months.  Over this
period, we expect the outlook to be stable based on construction
efforts that are within our schedule and budget expectation and our
stable rating outlook on CEI," said S&P Global Ratings credit
analyst Terry Pratt.  "The stable outlook on CEI results from
predictable cash flow from its Sabine Pass LNG project, which is
operational, and construction at its Sabine Pass Liquefaction
project, which is progressing in line with our budget and schedule
expectations."

Over the outlook horizon, the sole factor that would result in an
upgrade would be an upgrade of S&P's rating on CEI since it caps
the issue rating on CCH's debt.  At this time, S&P thinks an
improvement in its CEI rating over the outlook period is unlikely.

Longer term during construction, once CEI has provided its equity
commitment, the rating would improve provided that the construction
phase SACP was at least 'bb'.  Later, when the project is at or
near completion such that S&P has strong confidence in operational
performance, the rating would reflect the operations phase risk
profile.

Since the rating on CCH's debt is capped by the corporate credit
rating on CEI, a negative outlook on or downgrade of CEI would
result in the same rating action on CCH's debt.  At this time, S&P
thinks a deterioration of the rating on CEI over the outlook period
is unlikely.  Aside from an adverse movement in S&P's rating on
CEI, a downgrade would require that construction phase SACP falls
to 'b+'.  Factors that would result in such a decline would be
major delays for completion or major cost overruns such that
available funding does not cover S&P's downside case cost profile
by a substantial margin.  S&P considers such events unlikely.


CHINA FISHERY: Ch. 11 Trustee Hires Hogan Lovells as Counsel
------------------------------------------------------------
William A. Brandt, Jr., the Chapter 11 Trustee of China Fishery
Group Limited (Cayman), et al., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Hogan Lovells US LLP as special counsel to the Trustee.

Mr. Brandt requires Hogan to:

   a. advise the Trustee with respect to the international
      governmental aspects of the Chapter 11 Cases;

   b. provide the Trustee with advice related to the unique
      geopolitical aspects of the Debtors cases; and

   d. assist the Trustee with cross border advisory matters.

Hogan will be paid at these hourly rates:

     Partners                      $735-$1,375
     Associates and Counsel        $445-$860
     Legal Assistants              $250-$345

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Not applicable.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Hogan is developing a budget and staffing plan that
              will be presented for approval by the Trustee.

Christopher R. Donoho III, member of Hogan Lovells US LLP, assured
the Court that the firm and its professionals are not
"disinterested persons" 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.

Hogan can be reached at:

     Christopher R. Donoho, III, Esq.
     HOGAN LOVELLS US LLP
     875 Third Avenue
     New York, NY 10022
     Tel: (212) 918 3000
     Fax: (212) 918 3100

                   About China Fishery Group

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

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

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

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

On November 10, 2016, William Brandt, Jr. was appointed as Chapter
11 trustee of CFG Peru Investments Pte. Limited (Singapore).


CHINA FISHERY: Ch. 11 Trustee Hires Skadden Arps as Counsel
-----------------------------------------------------------
William A. Brandt, Jr., the Chapter 11 Trustee of China Fishery
Group Limited (Cayman), et al., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Skadden Arps Slate Meagher & Flom LLP as counsel to the Trustee.

Mr. Brandt requires Skadden Arps to:

   (a) advise the Chapter 11 Trustee with respect to his powers
       and duties as Chapter 11 Trustee in the continued
       management and operation of CFG Peru Singapore;

   (b) identify, analyze and assist the Chapter 11 Trustee in
       maximizing the value of CFG Peru Singapore's assets;

   (c) investigate and assist the Chapter 11 Trustee in
       connection with any and all claims, causes of action or
       other bases of liability assertable by CFG Peru
       Singapore's estate, including, but not limited to, claims
       arising under Chapter 5 of the Bankruptcy Code;

   (d) prepare, on behalf of the Chapter 11 Trustee, all
       necessary motions, applications, complaints, answers,
       orders, reports and other papers in support of positions
       taken by the Chapter 11 Trustee in the Chapter 11 Cases;

   (e) take all necessary actions to protect and preserve CFG
       Peru Singapore's estate, including the prosecution of
       actions on the Chapter 11 Trustee's behalf and
       negotiations concerning litigation;

   (f) negotiate and prepare on the Chapter 11 Trustee's behalf
       plans of reorganization, disclosure statements, and all
       related agreements and documents, and take any necessary
       action on behalf of CFG Peru Singapore to obtain
       confirmation of such plan(s);

   (g) assess, prosecute, settle or otherwise resolve any claims
       asserted against CFG Peru Singapore in the Chapter 11
       Cases;

   (h) appear, as appropriate, in the Bankruptcy Court, any
       appellate courts, and any other courts, panels, or forums
       in which matters may be heard to protect the interests of
       the Chapter 11 Trustee and CFG Peru Singapore's estate
       before said courts, panels, or forums;

   (i) assist and advise the Chapter 11 Trustee in connection
       with any matters affecting property of CFG Peru
       Singapore's estate, including, but not limited to, the
       operation and/or sale or other proposed disposition of
       property of CFG Peru Singapore's estate; and

   (j) perform all other necessary legal services and provide all
       other necessary legal advice as requested by the Chapter
       11 Trustee.

Skadden Arps will be paid at these hourly rates:

     Partners                $935-$1,425
     Counsel                 $925-$1,040
     Associates              $390-$920

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Skadden Arps did not represent the Debtor in the 12
              months prepetition.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Skadden, Arps intends to speak with the Chapter 11
              Trustee prior to the hearing to consider the
              application regarding a budget and staffing plan.
              Once established, recognizing that unforeseeable
              fees and expenses may arise in large chapter 11
              cases, Skadden Arps and the Chapter 11 Trustee may
              need to amend the Skadden Arps budget and staffing
              plan as necessary to reflect changed circumstances
              or unanticipated developments.

Lisa Laukitis, member of Skadden Arps Slate Meagher & Flom LLP,
assured the Court that the firm and its professionals are not
"disinterested persons" 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.

Skadden Arps can be reached at:

     Lisa Laukitis, Esq.
     SKADDEN ARPS SLATE MEAGHER & FLOM LLP
     Four Times Square
     New York, NY 10036-6522
     Tel: (212) 735-3000
     Fax: (212) 735-2000

                   About China Fishery Group

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

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

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

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

On November 10, 2016, William Brandt, Jr. was appointed as Chapter
11 trustee of CFG Peru Investments Pte. Limited (Singapore).



CHINA TELETECH: Hires Centurion ZD CPA as Accountants
-----------------------------------------------------
China Teletech Holding, Inc., has retained Centurion ZD CPA Limited
as the Company's independent public accounting firm on Dec. 2,
2016.  On the same day, Company's board of directors approved and
ratified the engagement of Centurion as its new independent
registered public accounting firm.

During the year ended Dec. 31, 2014, and during the subsequent
interim period through Dec. 2, 2016, the Company did not consult
with Centurion regarding (i) the application of accounting
principles to a specified transaction, (ii) the type of audit
opinion that might be rendered on the Company's financial
statements by Centurion, in either case where written or oral
advice provided by Centurion would be an important factor
considered by the Company in reaching a decision as to any
accounting, auditing or financial reporting issues or (iii) any
other matter that was the subject of a disagreement between us and
our former auditor or was a reportable event (as described in Items
304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K,
respectively), as disclosed in a regulatory filing with the
Securities and Exchange Commission.

                        About China Teletech

Tallahassee, Fla.-based China Teletech Holding, Inc., is a
national distributor of prepaid calling cards and integrated
mobile phone handsets and a provider of mobile handset value-added
services.  The Company is an independent qualified corporation
that serves as one of the principal distributors of China Telecom,
China Unicom, and China Mobile products in Guangzhou City, China.

On June 30, 2012, the Company strategically sold its wholly-owned
subsidiary, Guangzhou Global Telecommunication Company Limited
("GGT"), to a third party.  GGT was engaged in the trading and
distribution of cellular phones and accessories, prepaid calling
cards, and rechargeable store-value cards.

China Teletech reported a net loss of $907,000 on $4.29 million of
sales for the year ended Dec. 31, 2014, compared with a net loss of
$295,000 on $5.03 million of sales for the same period in 2013.

As of Dec. 31, 2014, the Company had $11.8 million in total assets,
$14.6 million in total liabilities and a $2.77 million total
deficit.

WWC, P.C., in San Mateo, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company has incurred
substantial losses which raise substantial doubt about its ability
to continue as a going concern.


CIRCULATORY CENTERS: Case Summary & 3 Unsecured Creditors
---------------------------------------------------------
Debtor: Circulatory Centers of Georgia, P.C.
        500 Three PPG Place
        Pittsburgh, PA 15222

Case No.: 16-24530

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Pittsburgh)

Judge: Hon. Gregory L. Taddonio

Debtor's Counsel: Robert O Lampl, Esq.
                  ROBERT O LAMPL, ATTORNEY AT LAW
                  960 Penn Avenue, Suite 1200
                  Pittsburgh, PA 15222
                  Tel: 412-392-0330
                  Fax: 412-392-0335
                  E-mail: rol@lampllaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Tom Certo, president.

A copy of the Debtor's list of three unsecured creditors is
available for free at http://bankrupt.com/misc/pawb16-24530.pdf


CONSOLIDATED COMMS: FairPoint Deal No Impact on Moody's Ratings
---------------------------------------------------------------
Moody's Investors Service said that Consolidated Communications,
Inc.'s announcement of a definitive agreement to purchase FairPoint
Communications, Inc. will not immediately impact the ratings of
either company.  Consolidated (B1 stable) plans to acquire
FairPoint (B2 stable) in an all-stock merger valued at
approximately $1.5 billion, including FairPoint's existing debt. At
transaction close, Consolidated plans to repay all of FairPoint's
existing debt, at which time Moody's would withdraw all of
FairPoint's ratings.  The merger is expected to close by mid-2017.

The transaction is positive for Consolidated because it will result
in a modest decrease in leverage, increased scale and the potential
for growth through greater investment into the legacy FairPoint
properties.  Consolidated expects to generate $55 million of annual
operating synergies within a two year period following deal close.
The cost savings and utilization of an estimated $300 million in
net operating losses will boost Consolidated's free cash flow, but
higher dividends resulting from stock issued to finance the deal
will offset much of the benefit.

FairPoint's revenues have faced pressure as growth in data and
internet services has not been enough to offset the decline in
voice and access revenues.  For the third quarter of 2016,
FairPoint's revenue fell 6.5% and EBITDA (company reported,
including adjustments) fell 4.2% versus the third quarter of 2015.
FairPoint's B2 rating reflects Moody's expectation of continued
revenue weakness, but meaningful cost structure improvements that
will improve cash flows and leverage.

Consolidated's B1 corporate family rating reflects its strong
EBITDA margins in the mid 40% range (including dividends received
from its wireless investments) good cash flow (prior to dividend
payments and capex spend), and the company's track record of
successfully integrating prior acquisitions.  The company is
successfully transforming from a Tier 2 voice provider to a next
generation IP service provider.  Consolidated benefits from
diversified operations as well as an advanced fiber network that
has more stable revenue prospects.  Enhanced VOIP, IPTV, and
broadband services offer the potential to sell double or triple
play packages that could reduce churn rates and diversify its
revenue stream away from traditional access lines.  However, these
services have lower margins and subject the company to potentially
higher TV programming expenses compared to larger competitors, and
expose Consolidated to potential new internet based TV offerings.

Consolidated's ratings could be upgraded if leverage is sustained
below 3.25x (Moody's adjusted) and cash flow and liquidity are
strong.  The ratings could be downgraded if leverage rises above
5.25x (Moody's adjusted) or if cash flows or liquidity weakens.

Consolidated Communications Holdings, Inc. provides communications
services in consumer, commercial and carrier channels in
California, Illinois, Iowa, Kansas, Minnesota, Missouri, North
Dakota, Pennsylvania, South Dakota, Texas and Wisconsin.  The
company maintains headquarters in Mattoon, IL, and its LTM revenue
is $755 million as of 9/30/16.

FairPoint Communications, Inc., headquartered in Charlotte, NC, is
a wireline telecommunications company in the US, serving
approximately 310,000 broadband subscribers, 15,400 Ethernet
circuits, and 377,000 residential voice lines across 17 states in
the US.  The Company generated approximately $830 million in
revenues in the last twelve months ending September 2016.


CONSTELLATION ENTERPRISES: Liquidating Trust Agreement Reached
--------------------------------------------------------------
BankruptcyData.com reported that Constellation Enterprises'
official committee of unsecured creditors filed with the U.S.
Bankruptcy Court a motion for entry of an order approving a
liquidating trust agreement and binding claims mediation
agreements. The motion explains, "The Settlement Motion seeks
approval of a settlement term sheet (the 'Term Sheet'), which,
among other things, requires the establishment by the Committee and
the Debtors of a liquidating trust (the 'GUC Trust') with
beneficial interests in the GUC Trust inuring solely to the
Beneficiaries. The following assets will be transferred to the GUC
Trust (a) certain claims and causes of action, and (b) cash
contributions from the Purchaser, consisting of (i) $1,250,000 for
general unsecured creditor recoveries and (ii) $1,000,000 for GUC
Trust professional fees, ((a) and (b), collectively, the
'Liquidating Trust Assets'), which Liquidating Trust Assets will be
used to administer the GUC Trust and facilitate distributions to
holders of allowed general unsecured claims ('Allowed General
Unsecured Claims') and to the Noteholder Beneficiaries. The GUC
Trust will be administered by a liquidating trustee (the 'Trustee')
and a Liquidating Trust Oversight Committee, whose actions will be
governed by the Liquidating Trust Agreement. Accordingly, by this
Motion, the Committee seeks an order approving, among other things,
the form of the Liquidating Trust Agreement. The Dismissal Motion
does not provide any reconciliation or dispute resolution
procedures for determining the validity and amount of the claims
filed against the Debtors in these cases. Indeed, to date the
Debtors have not served a bar date notice, which was authorized by
this Court by order dated July 19, 2016 [D.I. 396]. By this Motion,
the Committee requests that the Court enter an order providing,
among other things, that any holder of a general unsecured claim,
in order to receive its pro rata share of distributions from funds
held by the GUC Trust, must agree to participate in and be bound by
certain claims-resolutions procedures." The Court scheduled a
December 20, 2016 hearing on the motion, with objections due by
December 13, 2016.

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

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

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


CORINTHIAN COLLEGES: Securities Fraud Suit Settlement Has Final OK
-------------------------------------------------------------------
Judge George H. King of the United States District Court for the
Central District of California granted final approval to the
settlement and plan of allocation in the case captioned FRANK
ERICKSON, Individually and on Behalf of All Others Similarly
Situated, Plaintiffs, v. CORINTHIAN COLLEGES, INC., JACK P.
MASSIMINO, ROBERT C. OWEN and KENNETH S. ORD, Defendants, Case No.
CV 13-7466-GHK (PJWx) (C.D. Cal.).

The judge also granted an award of attorneys' fees and expenses,
lead plaintiff award, and claims administration costs.

A securities-fraud case was filed against Corinthian Colleges,
Inc., Jack P. Massimino, Robert C. Owen, and Kenneth S. Ord.  On
May 4, 2015, Corinthian Colleges, Inc., filed a voluntary petition
for relief under Chapter 11 of the Bankruptcy Code in the United
States Bankruptcy Court for the District of Delaware.  Shortly
thereafter, lead plaintiff Jeramey Lynch and the individual
defendants reached a settlement for a putative class action.

Judge King finally approved in all respects the settlement and the
Second Amended Stipulation of Settlement dated April 14, 2016,
including the plan of allocation.

Judge King certified, for purposes of settlement only, the
following class: All persons who purchased or otherwise acquired
the common stock of Corinthian Colleges, Inc. from August 23, 2010
through April 14, 2015, both dates inclusive.

The judge also extended the deadline for filing claims in the
settlement from November 7, 2016, to December 16, 2016.

Judge King thereby directed payment of up to $450, 000 from the
Settlement Fund to the claims administrator, Garden City Group,
LLC.

Judge King also granted the lead counsel an award of attorney's
fees in the amount of $980, 000 (reflecting 28% of the settlement)
and reimbursement for litigation expenses in the amount of $72,
499.47, together with the interest earned on both amounts for the
same time period and at the same rate as that earned on the
Settlement fund until paid.

Lastly, Judge King granted an award of $3,000 to lead plaintiff
Jeramey Lynch.

The case was dismissed with prejudice and all claims contained
therein and all of the settled claims as against the released
parties, except as and to the extent provided in the settlement and
the stipulation.

A full-text copy of Judge King's November 9, 2016 final judgment
and order is available at https://is.gd/Lk5C48 from Leagle.com.

Frank Erickson is represented by:

          Jeremy A. Lieberman, Esq.
          Murielle J. Steven, Esq.
          Star Michelle Mishkel Tyner, Esq.
          POMERANTZ LLP
          600 Third Avenue
          New York, NY 10016
          Tel: (212)661-1100
          Fax: (917)463-1044
          Email: jalieberman@pomlaw.com
                 mjsteven@pomlaw.com
                 smtyner@pomlaw.com

            -- and --

          Patrick V. Dahlstrom, Esq.
          POMERANTZ LLP
          10 South LaSalle Street, Suite 3505
          Chicago, IL 60603
          Tel: (312)377-1181
          Fax: (312)377-1184
          Email: pdahlstrom@pomlaw.com

            -- and --

          Lesley F. Portnoy, Esq.
          Lionel Zevi Glancy, Esq.
          GLANCY PRONGAY AND MURRAY LLP
          1925 Century Park East, Suite 2100
          Los Angeles, CA 90067
          Tel: (310)201-9150
          Fax: (310)432-1495       
          Email: lportnoy@glancylaw.com
                 lglancy@glancylaw.com

            -- and --

          Nicole Lavallee, Esq.
          BERMAN DEVALERIO
          One California Street, Suite 900
          San Francisco, CA 94111
          Tel: (415)433-3200
          Fax: (415)433-6382
          Email: nlavallee@bermandevalerio.com

Jack P. Massimino, Robert C Owen, Kenneth S Ord are represented
by:

          Jeffrey Ying-Ting Wu, Esq.
          John W. Spiegel, Esq.
          Robert L. Dell Angelo, Esq.
          John Michael Gildersleeve, Esq.
          MUNGER TOLLES AND OLSON LLP
          355 South Grand Ave., 35th Floor
          Los Angeles, CA 90071
          Tel: (213)683-9100
          Email: jeffrey.wu@mto.com                  
                 john.gildersleeve@mto.com

                   About Corinthian Colleges

Corinthian Colleges, Inc., et al., were founded in February 1995
and through acquisitions became one of the largest for-profit
post-secondary education companies in the U.S. and Canada.  In
January 2010, Corinthian purchased Heald Capital LLC, which
operated Heald College, a 150 year-old regionally-accredited
institution with 12 campuses.

Corinthian Colleges, Pegasus Education, Inc., and 23 affiliated
entities filed voluntary Chapter 11 petitions (Bankr. D. Del. Lead
Case No. 15-10952) on May 4, 2015, to complete an orderly wind
down of operations.  The cases are jointly administered under Case
No. 15-10952.  Judge Kevin J. Carey presides over the case.  

Corinthian Colleges, Inc., disclosed $721,596,789 in assets and
$2,929,448,278 in liabilities as of the Chapter 11 filing.

The Debtors tapped Richards, Layton & Finger, P.A., as counsel;
FTI Consulting, Inc., as restructuring advisors;
PricewaterhouseCoopers, LLC, as tax advisors; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

The U.S. Trustee for Region 3 formed an Official Committee of
Unsecured Creditors and an Official Committee of Student
Creditors. The Creditors Committee retained Brown Rudnick LLP and
Rosner Law Group as attorneys.   The Student Committee tapped
Robins Kaplan LLP and Poslinelli PC as attorneys.

                  *     *     *

The Debtors closed each of their campus locations effective as of
April 27, 2015, and immediately began the process of liquidating
their assets and winding down operations.

The effective date of the Debtors' Third Amended and Modified
Combined Disclosure Statement and Chapter 11 Plan of Liquidation
was Sept. 21, 2015.


COSI INC: LIMAB LLC Named Winning Bidder for Assets
---------------------------------------------------
BankruptcyData.com reported that Cosi filed with the U.S.
Bankruptcy Court a notice of (i) winning bidder and (ii)
cancellation of auction. Court-filed documents note, "Pursuant to
the Bidding Procedures Order, the deadline for the submission of
Qualified Bids in connection with the Auction expired on November
28, 2016 at 5:00 p.m. prevailing Eastern Time (the 'Bid Deadline').
The Debtors received no bids prior to the Bid Deadline and no
party requested an extension of the Bid Deadline.  In light of the
foregoing, the auction scheduled for November 30, 2016 (the
'Auction') is cancelled and LIMAB, LLC is deemed the Winning
Bidder.  A hearing on objections and the Sale Motion is scheduled
to take place on December 8, 2016."  Winning bidder LIMAB is
comprised of the Company's senior secured lenders: AB Opportunity
Fund, AB Value Partners and one or more entities affiliated with
Milfam II.

                         About Cosi Inc.

Cosi -- http://www.getcosi.com/-- is an international fast casual
restaurant company.  There are currently 45 company-owned and 31
franchise restaurants operating in fourteen states, the District of
Columbia, Costa Rica and the United Arab Emirates.

Cosi, Inc. and its affiliated Debtors filed chapter 11 petitions
(Bankr. D. Mass. Lead Case No. 16-13704-MSH) on Sept. 28, 2016.
The Debtors are represented by Joseph H. Baldiga, Esq. and Paul W.
Carey, Esq., at Mirick, O'Connell, DeMallie & Lougee, LLP.  The
O'Connor Group serves as their financial consultant.

Randy Kominsky of Alliance for Financial Growth, Inc. has been
tapped as chief restructuring officer to the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors composed of: Robert J. Dourney, Honor S. Heath of Nstar
Electric Company, and Paul Filtzer of SRI EIGHT 399 Boylston.  The
Creditors Committee is represented by Lee Harrington, Esq., at
Nixon Peabody LLP.  Deloitte Financial Advisory Services LLP serves
as financial advisor for the Committee.


CRYSTAL WATERFALLS: Sale of All Assets to Huang for $23M Approved
-----------------------------------------------------------------
Judge Ernest Robles of the U.S. Bankruptcy Court for the Central
District of California approved Crystal Waterfalls, LLC's sale of
substantially all assets, other than in the ordinary course of
business, to Ganyu Huang, LVGEM Investment, LLC, and/or the
assignee of either, for $22,600,000.

A sale hearing was held on Nov. 30, 2016 at 10:00 a.m.

On Nov. 21, 2016, the Debtor received an alternate bid in the
amount of $21,000,000 from the Buyer.  On Nov. 28, 2016, the Huang
Parties wire transferred $630,000 to First American Title Co.
("FATCO") and removed all contingencies identified in the Huang
PSA.

On Nov. 28, 2016, the Debtor received a second alternate bid in the
amount of $22,000,000 from Yang Miao, Spill Thrive Limited, East
West Education Group Limited, and/or their respective assignees
("Miao Parties").  On Nov. 28, 2016, the Miao Parties wire
transferred $660,000 to FATCO and removed all contingencies
identified in the Miao PSA.

As a result of receiving two alternate bids from the Huang Parties
and the Miao Parties, respectively, an auction was held at 10:00
a.m. on Nov. 29, 2016 at the offices of the Debtor's counsel,
Landsberg Law, APC, 9300 Wilshire Boulevard, Suite 565, Beverly
Hills, California.

At the conclusion of the auction, the Debtor determined that the
highest and best offer at the Auction was from the Huang Parties
with an overbid of $22,600,000.  Additionally, the Miao Parties
have agreed to be the backup buyer for a purchase price of
$22,400,000 ("Back-Up Offer Addendum") in the event the sale to the
Buyer is cancelled or otherwise terminated.  

Los Angeles Properties Investment, Inc. ("LAPI") did not remove
contingencies by Nov. 28, 2016, thus LAPI did not participate in
the auction, and thus are not entitled to the Breakup Fee of
$150,000.

Upon the entry of the Order, and prior to closing, FATCO is ordered
and instructed to transfer to the Debtor the deposit made by Buyer,
in the amount of $630,000.  FATCO is also ordered and instructed to
return to LAPI the $615,000 deposit placed by LAPI into escrow.

Upon closing, the Debtor will pay over, or instruct FATCO to pay
over, the proceeds realized by the Debtor from the sale of the
assets as follows:

   a. Customary and ordinary closing costs, including escrow and
title costs;

   b. Commissions for the Debtor's and the Buyer's brokers, as more
particularly set forth in the Huang PSA;

   c. Unpaid and outstanding real property taxes due and owing to
Los Angeles County Treasurer and Tax Collector;

   d. The allowed and undisputed portion of the B3 POC in
accordance with B3's payoff demand and instructions to FATCO
identifying the amount(s) to be paid and whom to be paid and whose
escrow demand shall also contain the signature of the Debtor's
counsel.

If the Debtor or any party disputes any amounts set forth in the B3
POC and/or in any payoff demand, then said party will file either
an objection to the B3 POC with the Court or deliver to B3's
counsel, Raymond H. Aver, at least 48 hours prior to the close of
escrow.  Any portion of the B3 POC and/or payoff demand that is
undisputed, will be paid in accordance with the costs of the sale,
and any disputed amount, plus an additional $400,000 over and above
the B3 POC and/or payoff demand, will be held and reserved in
escrow ("Disputed Amount") for any damages, including attorneys'
fees and costs, anticipated to be incurred by B3 to resolve the
Disputed Amount.  The release of any Disputed Amount may be
pursuant to written stipulation between the parties submitted to
escrow without further order of the Court, or pursuant to Order of
the Court after notice and hearing.

B3's claim will not be surcharged in any way with the costs of the
sale or any administrative claims, costs or expense in connection
with the sale of the assets.  B3 reserves the right to require an
updated payoff demand prior to any close of escrow to ensure its
claim is paid in full.

At least 48 hours prior to any scheduled close of escrow, the
Debtor or the escrow representative will provide B3 with a copy of
the estimated HUD-1 and/or Settlement/Closing Statement for
review.

The balance of the sale proceeds, will be maintained in an
interest-bearing account, if authorized by the Office of the United
States Trustee, pending further order of the Court, including those
sums to be paid to Sequoia Hospitality F & B, Inc. as the fee for
terminating the Restaurant Lease.

The Miao Parties are ordered to be the backup buyer for a purchase
price of $22,400,000 in the event the sale to the Buyer is
cancelled or otherwise terminated, and are bound by the terms and
provisions set forth in the Miao PSA and the Order.  The Miao
Parties will be required to close escrow within 15 days of
receiving written notification from Debtor's counsel of
cancellation of escrow with the Buyer, to the extent it occurs.

Notwithstanding Bankruptcy Rules 6004(h) and 6006(d), the Order
will be effective and enforceable immediately upon entry and will
not be subject to any stay as provided therein and its provisions
will be self-executing.

                    About Crystal Waterfalls

Crystal Waterfalls LLC owns real property in Covina, California,
on which it currently operates a hotel known as the Park Inn by
Radisson.  Situated in the heart of Southern California, the Hotel
is just east of downtown Los Angeles at the base of the San
Gabriel Mountains, and a short distance from West Covina, San
Dimas, Irwindale, City of Industry, Pomona, and Ontario, and many
major attractions (such as amusement parks, the Pomona Fairplex,
and Irwindale Speedway).  The Hotel includes 258 rooms (50 of
which require certain forms of rehabilitation and currently are not
in
use), and has a fitness center, an outdoor heated swimming pool
and whirlpool, and 9,000 square feet of meeting space.

Facing an imminent foreclosure sale by its senior lender, Crystal
Waterfalls LLC filed a Chapter 11 petition (Bankr. C.D. Cal. Case
No. 15-27769) in Los Angeles, California, on Nov. 19, 2015.  Judge
Ernest M. Robles presides over the case.  The petition was signed
by Lucy Gao, managing member.

Crystal Waterfalls currently has two members: (1) Lucy Gao, who
serves as the Debtor's managing member; and (2) Golden Bay
Investments LLC, a California limited liability company ("Golden
Bay").  Ms. Gao is the sole and managing member of Golden Bay.

The Debtor disclosed $52.5 million in assets and $71.4 million in
liabilities in its schedules.  The schedules say that the Covina,
California hotel property is worth $52 million.

The Debtor received approval to employ Landsberg Law, APC, as
bankruptcy counsel.

The U.S. Trustee has filed a motion seeking to convert Crystal
Waterfalls' bankruptcy case to a Chapter 7 case, or to dismiss the
case.


CSG SYSTEMS: Moody's Affirms Ba3 CFR; Outlook Stable
----------------------------------------------------
Moody's Investors Service affirmed CSG Systems International,
Inc.'s ratings --- Corporate Family Rating at Ba3, Senior Secured
First Lien debt (Revolver and Term Loan) at Ba1, the Probability of
Default Rating (PDR) at Ba3-PD, and the Speculative Grade Liquidity
(SGL) rating at SGL-1.  The outlook is stable.

Ratings Affirmed:

Issuer: CSG Systems International, Inc.
  Corporate Family Rating, Ba3
  Probability of Default Rating, Ba3-PD
  Senior secured first lien bank credit facility , Ba1 (LGD2)
  Speculative Grade Liquidity, SGL-1

Outlook Actions:

Issuer: CSG Systems International, Inc.
  Outlook remains stable

                          RATINGS RATIONALE

The Ba3 CFR rating reflects CSG's position in the North American
cable and direct broadcast satellite (DBS) customer management and
billing market as the market leader ahead of Amdocs and NetCracker
Technology (subsidiary of NEC Corp).  CSG has relatively
predictable revenue stream because of the 95% renewal rate with
customers with contracts that average 3 to 5 years.  Revenue is
likely to grow at a flat to low single digit rate over the near
term and reflects our expectation that growth in processing
revenues will be partially offset by continued declines in software
revenue as the business continues to transition the software
business to a more recurring revenue model.  Financial leverage is
low compared to others at the Ba3 rating category as Moody's
expects debt to EBITDA not to exceed 3x.

The Ba3 CFR also reflects considerable concentration among clients
(top 3 customers comprise approximately 61% of revenues), which
reflects the concentration in cable and DBS, and limited geographic
diversity as approximately 86% of revenues are from the Americas.
These large customers have negotiating leverage, as the significant
annualized pricing discounts on previous contract extensions
demonstrated.  Moody's believes that emerging markets are maturing
and that CSG's software revenue will thus be facing more spirited
competition over the intermediate term as participants chase fewer
deals, driving down profits.

The stable outlook reflects our expectation that CSG will produce
flat revenues to low single-digit percent revenue growth over the
next 12 to 18 months, reflecting our expectation that growth in
processing revenues will be partially offset by continued declines
in software revenue.  Nevertheless, with continued growth in cloud
and related solutions revenues and stabilization in software
revenues over time, Moody's expects that leverage will gradually
improve such that debt to EBITDA (Moody's adjusted) will decline
toward the lower 2x level over the next 18 months due to debt
reduction and modest EBITDA growth.

The senior secured credit first lien facility is rated Ba1,
reflecting the cushion of senior subordinated convertible notes
(unrated), which rank junior in the company's capital structure.

The SGL rating of SGL-1 reflects a very good liquidity profile
based on the expectations that cash and short term investments will
exceed $180 million.  Moody's expects annual cash from operations
of at least $110 million will be more than sufficient to cover
capital expenditures of about $25 million and the $24 million of
dividends.  CSG also has an undrawn $200 million revolving credit
facility, which matures in February 2020.

The rating could be upgraded following organic revenue growth in
the mid-single digits and evidence of market share gains.  CSG
should also show progress in building scale and diversifying end
markets served and customer concentration.  Moody's would expect
these developments to translate into sustained improvements in
profitability and free cash flow ("FCF"), with EBITDA margins
(Moody's adjusted) stabilizing in the mid to upper 20s percent and
debt to EBITDA (Moody`s adjusted) sustained below 2x.  Moody's
would further expect that CSG would limit shareholder-friendly
actions if leverage increases or liquidity becomes strained.

The rating could be downgraded if CSG were to experience a material
client defection, indicating a weakening market position. The
rating could also be downgraded if profitability and FCF were to
decline, with the operating margin (Moody's adjusted) approaching
the single digits or if Moody's believes that FCF to debt (Moody's
adjusted) will remain below the upper single digits or debt to
EBITDA (Moody's adjusted) will remain above 3x.

CSG Systems International, Inc., based in Englewood, Colorado, is a
leader in billing and customer management solutions for North
American cable television, satellite and Internet service providers
with an international presence in telecom billing. Moody's expect
that CSG will generate revenues of at least
$760 million in 2017.

The principal methodology used in these ratings was "Business and
Consumer Service Industry" published in October 2016.


DATA SYSTEMS: Court Confirms Ch. 11 Plan
----------------------------------------
Judge Randall L. Dunn of the United States Bankruptcy Court for the
District of Oregon confirmed the First Amended Plan of
Reorganization proposed by the duly appointed chapter 11 trustee,
Amy Mitchell, for the debtor-in-possession Data Systems, Inc.

William F. Holdner testified in opposition to confirmation,
reiterating a number of claims he has asserted consistently in the
bankruptcy case.  Holdner argued that the $7.00 offering price per
share of DSI common stock included in the Plan is too low.
However, Judge Dunn found that Holdner's $9.55 per share projected
valuation for the DSI common stock is not credible, particularly
considering its failure to incorporate any deduction for DSI
liabilities, either existing or ongoing.

Holdner further testified that he did not consider the Plan fair to
shareholders in that it only offered them $7.00 per share,
consistent with a tender offer that Richard Kreitzberg made earlier
to the shareholders that Holdner views as fraudulent.  Holdner
asserted that the Plan is the embodiment of a scheme to allow
Kreitzberg to avoid paying taxes on dividends that otherwise would
be distributed from the main office property sale proceeds.

Judge Dunn disagreed with Holdner that avoidance of taxes is the
Plan's primary purpose, and was unpersuaded by Holdner's lay
opinions that the Plan violates the registration provisions of the
Securities Act and the securities fraud provisions of SEC Rule
10b-5.  The judge found that the Plan provides means to
recapitalize DSI with working capital in addition to amounts
required to fund the payments of creditor claims and stock buyouts,
and that the Plan further provides a mechanism for resolving the
contentious corporate governance issues that have plagued DSI in
recent times.  Accordingly, Judge Dunn concluded that the Trustee
has met her burden of proof to establish that the Plan and the
Trustee, as Plan proponent, have complied with applicable law and
that the Plan was proposed in good faith.

Holdner also asserted that the Trustee had done an inadequate job
of investigating Kreitzberg's ability to fund the recapitalization
of DSI mandated by the Plan and had not provided adequate evidence
that the Plan was feasible.

On the contrary, Judge Dunn found that the Trustee submitted
adequate evidence to support Plan feasibility.  The Trustee
testified that she had examined Kreitzberg's recent Charles Schwab
investment account statements and was comfortable that he could
fund the capital investments required by the Plan.  Holdner
provided no evidence to support his assertion that the Trustee's
investigation of Kreitzberg's finances was inadequate.

Holdner also objected that the Plan is unfair to shareholders
because it will allow Kreitzberg to obtain control of DSI and
dilute the share ownership interests of shareholders who elect to
retain their stock in DSI.

Judge Dunn, however, found that the Plan does not discriminate
unfairly among the DSI shareholders because they have the option to
retain their shares or sell them for $7.00 a share, giving them a
market for their shares at a premium over liquidation value.  Thus,
the judge concluded that the Trustee has met her burden of proof to
establish that the Plan is fair and equitable and is not unfairly
discriminatory in its treatment of the DSI shareholders.

Accordingly, Judge Dunn concluded that the confirmation
requirements of section 1129 of the Bankruptcy Code have been
satisfied.

A full-text copy of Judge Dunn's December 2, 2016 opinion is
available at:

            http://bankrupt.com/misc/orb16-30477-206.pdf

                        About Data Systems

Portland, Oregon-based Data Systems, Inc., filed for Chapter 11
bankruptcy protection (Bankr. D. Ore. Case No. 16-30477) on Feb.
11, 2016, estimating its assets at between $1 million and $10
million and its liabilities at between $100,000 and $500,000.  The
petition was signed by William F. Holdner, president.

Judge Randall L. Dunn presides over the case.

Ted A Troutman, Esq., at Troutman Law Firm P.C. serves as the
Debtor's bankruptcy counsel.

Amy Mitchell was appointed Chapter 11 trustee of Data Systems,
Inc. The Chapter 11 Trustee retains Henderson Bennington
Moshofsky,P.C., as accountant.


DEAN YOUNG: Hearing on Disclosure Statement Approval Set For Jan. 5
-------------------------------------------------------------------
The Hon. David R. Duncan of the U.S. Bankruptcy Court for the
District of South Carolina has scheduled for Jan. 5, 2017, at 10:30
a.m., the hearing to consider the approval of Dean Young
Enterprises, LLC's disclosure statement referring to the Debtor's
plan of reorganization.

Dec. 29, 2016, is fixed as the last day for filing and serving
written objections to the Disclosure Statement.

                  About Dean Young Enterprises

Dean Young Enterprises, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.S.C. Case No. 16-04214) on Aug. 19,
2016.  The petition was signed by Dean Young, vice president.  The
case is assigned to Judge David R. Duncan.  At the time of the
filing, the Debtor estimated its assets and debts at $1 million to
$10 million.

The Debtor is represented by Jane H. Downey, Esq., at Moore Taylor
Law Firm, P.A.  The Debtor hired Colliers International South
Carolina, Inc., as its real estate agent.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Dean Young Enterprises, LLC.


DEKADA CORPORATION: Disclosures Get Final OK, Plan Confirmed
------------------------------------------------------------
The Hon. Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey has finally approved Dekada Corporation's
disclosure statement and confirmed the Debtor's plan of
reorganization filed on May 25, 2017.

The Disclosure Statement was conditionally approved by the Court on
May 27, 2016.

Dekada Corporation dba El Mexicano II filed for Chapter 11
bankruptcy protection (Bankr. D.N.J. Case No. 15-24329) on July 30,
2015, estimating its assets and liabilities at between $100,001 and
$500,000 each.  Milica A. Fatovich, Esq., at Hook & Fatovich, LLC,
serves as the Debtor's bankruptcy counsel.


DIGITALGLOBE INC: S&P Rates New $1.47MM Secured Credit Facility BB+
-------------------------------------------------------------------
S&P Global Ratings assigned its 'BB+' issue-level rating and '2'
recovery rating to DigitalGlobe Inc.'s proposed senior secured
credit facility including a $200 million revolving credit facility
maturing in 2022 and a $1.275 billion term loan B maturing in 2024.
The '2' recovery rating indicates S&P's expectation for
substantial (70%-90%; lower half of the range) recovery for lenders
in the event of a payment default.  S&P expects the company will
use the proceeds from the term loan to pay down its current
outstanding revolver balance and refinance its existing $550
million term loan maturing in 2020 (approximately
$530 million outstanding) and $600 million senior unsecured notes
due in 2021.

The 'BB' corporate credit rating and stable outlook on DigitalGlobe
remain unchanged since S&P expects the transaction will be
leverage-neutral with pro forma net adjusted leverage in the low-3x
area.  S&P will withdraw its ratings on the company's current debt
when it is redeemed.

RATINGS LIST

DigitalGlobe Inc.
Corporate credit rating                              BB/Stable/--

New Rating
DigitalGlobe Inc.
Senior Secured
$200 mil revolv credit fac due 2022                BB+
  Recovery Rating                                   2L
$1.275 bil term loan B due 2024                    BB+
  Recovery Rating                                   2L



DIRECTORY DISTRIBUTING: Hires Walker as Special Counsel
-------------------------------------------------------
Directory Distributing Associates, Inc., seeks authority from the
U.S. Bankruptcy Court for the Eastern District of Missouri to
employ Walker & Patterson, P.C. as special counsel to the Debtor.

Directory Distributing requires Walker to assist the Debtor in the
filing of the notice of removal of Cause No. 2011-50578 in the
269th Judicial District Court of the State of Texas, County of
Harris, styled Erin Walker, et al. v. Directory Distributing
Associates, Inc., Richard Price, Steve Washington, Laura
Washington, Roland E. Schmidt, and Sandy Sanders, and AT&T
Corporation.

Walker will be paid at these hourly rates:

     Miriam Goott              $350
     Johnie Patterson          $400

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

Johnie Patterson, member of Walker & Patterson, 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.

Walker can be reached at:

     Johnie Patterson, Esq.
     WALKER & PATTERSON, P.C.
     4815 Dacoma St.
     Houston, TX 77092
     Tel: (713) 956-5577

                        About Directory Distributing

Directory Distributing Associates, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E. D. Mo. Case No. 16-
47428) on October 14, 2016. The petition was signed by Kristy Runk
Bryan, Esq., attorney. The case is assigned to Judge Kathy A.
Surratt-States. At the time of the filing, the Debtor estimated
assets of $1 million to $10 million, and liabilities of less than
$500,000.



DORCH COMMUNITY: Faces Medical, Billing Issues, 1st PCO Report Says
-------------------------------------------------------------------
A. Dale Watson, the State and Regional Long Term Care Ombudsman,
has filed before the U.S. Bankruptcy Court for the District of
South Carolina an initial report for Dorch Community Care Center
LLC, dated November 21, 2016.

According to the PCO, during his visit, he noted that the meal was
not in accordance with the posted menus. Moreover, the Ombudsmen
observed three new residents who did not have medications at the
facility. Omnicare, the contracted pharmacy, then, delivered
medications for two of the three residents. The pharmacy explained
there was a clerical error (facility/health provider) on one of the
prescriptions that resulted in the delay of the order being
filled.

The Ombudsman also reviewed the medication bills of the residents
and determined several residents had outstanding balances on their
bills of $100 or more.

Overall, the residents appeared to be groomed and with the
exception of the flies, the facility was clean, the PCO said.  The
residents did not make any complaints during the visit to the
facility, the PCO added.

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

        http://bankrupt.com/misc/scb16-04486-44.pdf

Dorch Community Care Center LLC filed a Chapter 11 petition (Bankr.
D.S.C. Case No. 16-04486) on September 2, 2016, and is represented
by J. Carolyn Stringer, Esq., at Stringer Law.


DOWLING'S PALACE: Case Summary & Unsecured Creditor
---------------------------------------------------
Debtor: Dowling's Palace Inc.
        7845 Buist Avenue
        Philadelphia, PA 19153

Case No.: 16-18356

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Ashely M. Chan

Debtor's Counsel: Robert J. Lohr, II, Esq.
                  LOHR & ASSOCIATES, LTD.
                  1246 West Chester Pike, Suite 312
                  West Chester, PA 19382
                  Tel: (610) 701-0222
                  Fax: (610) 431-2792
                  E-mail: bob@lohrandassociates.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Stacey L. Dowling, president.

The Debtor listed North Philadelphia Financial Partnership
as its sole unsecured creditor, holding a claim of $37,000.

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

           http://bankrupt.com/misc/paeb16-18356.pdf


DOWNSTREAM DEVELOPMENT: Moody's Puts B3 CFR on Review for Upgrade
-----------------------------------------------------------------
Moody's Investors Service placed Downstream Development Authority's
(DDA) B3 Corporate Family Rating and B3-PD Probability of Default
Rating on review for possible upgrade.  At the same time, Moody's
assigned a B2 rating to the company's proposed
$250 million 2nd lien notes due 2022.

DDA plans to use the proceeds from the proposed 2nd lien notes
along with a new $75 million 1st lien term loan due 2021
(not-rated) to refinance the company's existing 10.5% $285 million
senior secured notes 2019 rated B3 and $26 million term loan due in
2019 (not-rated).  The B3 rating on DDA's existing senior secured
notes was affirmed and will be withdrawn once the proposed
transaction closes as Moody's expects these notes will be fully
repaid.

"Moody's expects to upgrade DDA's CFR and PDR one notch to B2 and
B2-PD, respectively, if and when the proposed refinancing
transaction closes as it will eliminate concerns regarding DDA's
substantial January 2019 debt maturities, a limiting factor with
respect to the company achieving a higher rating," added Foley.
"The B2 assigned to DDA's proposed 2nd lien notes assumes that the
transaction closes as proposed and that the CFR upgrade to B2
occurs at that time."

Ratings placed on review for upgrade:
  Corporate Family Rating -- B3
  Probability of Default Rating -- B3-PD

New rating assigned:
  $250 million 2nd lien notes due 2022 -- B2 (LGD 4)

Rating affirmed and to be withdrawn when proposed transaction
closes:
  10.5% $285 million senior secured notes 2019, at B3

                         RATINGS RATIONALE

The review for upgrade considers Moody's opinion that DDA's ability
to refinance its debt in a manner that pushes out debt maturities
several years and lowers the company's overall cost of debt capital
will significantly improve the company's ability to deal with
existing and new competition.  There are numerous existing Native
American casinos in its primary market area and a high likelihood
of a new casino located about 30 miles north of DDA's casino
entering the market in the second half of 2017.

DDA is a wholly owned unincorporated instrumentality of the Quapaw
Tribe of Oklahoma, a federally recognized Native American tribe
with approximately 4,900 enrolled members.  Downstream owns and
operates the Downstream Casino Resort, a Native American casino
located at the point where the state borders for Kansas, Missouri
and Oklahoma meet -- its casino is in Oklahoma and part of its
parking lot is located in Kansas.

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


DOWNSTREAM DEVELOPMENT: S&P Rates Proposed $250MM Sr. Notes 'B-'
----------------------------------------------------------------
S&P Global Ratings assigned its 'B-' issue-level rating to Quapaw,
Okla.-based gaming operator Downstream Development Authority's
(DDA) proposed $250 million second-lien senior secured notes due
2022.  DDA is planning to use proceeds, along with an unrated
$75 million first-lien term loan facility and excess cash on its
balance sheet, to refinance all of its existing debt (including its
outstanding $285 million 10.5% senior secured notes due 2019) to
fund a one-time distribution of $3 million to the Quapaw Tribe and
to pay debt breakage costs, accrued interest, and transaction fees
and expenses.  S&P plans to withdraw its rating on DDA's existing
senior secured notes once the proposed transaction closes and the
debt is repaid.

S&P Global Ratings does not assign recovery ratings to Native
American debt issues because there are significant uncertainties
surrounding the exercise of creditor rights against a sovereign
nation.  These include whether the U.S. bankruptcy code would
apply, whether a U.S. court would ultimately be the appropriate
venue to settle such a matter, and to what extent a creditor would
be able to enforce any judgment against the sovereign nation.  The
notching of S&P's issue-level ratings from our issuer credit rating
on a given Native American issuer reflects the relative position of
each security in the capital structure, incorporating the amount of
higher-ranking priority debt ahead of each issue.

DDA's unrated first-lien term loan is the highest ranking debt in
the capital structure.  Under S&P's forecast, it expects the term
loan facility, which constitutes DDA's priority debt, to remain
less than 30% but more than 15% of forecasted total assets through
fiscal 2017.  This results in an issue-level rating of 'B-' (one
notch below the issuer credit rating) on the senior secured notes.

"Our 'B' issuer credit rating and stable outlook on DDA are
unchanged.  Although this transaction adds a modest amount of
additional debt due to fees and expenses associated with the
transaction, including debt breakage costs and accrued interest,
and a modest one time distribution to the tribe, it has only a
modest impact on our base-case credit measures.  We now expect
leverage to be in the mid-5x area in fiscal 2017 compared to the
low- to mid-5x under our previous forecast.  We also forecast fixed
charge coverage (defined as EBITDA over the sum of interest, debt
amortization, maintenance capital expenditures, and distributions
to the Quapaw Tribe) will be modestly weaker due to the higher
amount of distributions to the tribe proposed under the refinancing
transaction.  As an offset to these slightly weaker credit
measures, we anticipate EBITDA coverage of interest expense to
modestly improve from the lower cost debt in the capital structure.
Additionally, high amortization required under the proposed term
loan will reduce debt over time and the extension of the maturity
profile will eliminate any refinancing risk until at least 2021,"
S&P said.

Under the terms of the proposed term loan facility, there will be
several financial maintenance covenants including a maximum
first-lien leverage and minimum fixed charge coverage ratio.  Under
S&P's forecast, it expects the cushion with respect to the fixed
charge coverage ratio to remain below 10% but do not believe that
DDA will violate the covenant over the forecast period.  DDA has
demonstrated a track record of successfully amending covenant
levels when needed, and S&P believes it would be able to negotiate
with its lenders to secure covenant relief, if needed, to provide
more covenant cushion in a scenario in which they underperform
S&P's current forecast. DDA has excess cash on the balance sheet,
although reduced somewhat in conjunction with the proposed
transaction, and can reduce distributions to the tribe in order to
provide flexibility when seeking an amendment.  Additionally,
first-lien leverage is relatively low and the term loan features
high amortization which will reduce first-lien leverage over time.


RATINGS LIST

Downstream Development Authority
Issuer Credit Rating                  B/Stable/--

New Rating

Downstream Development Authority
Senior Secured
$250 mil second lien notes due 2022   B-



EASTERN POWER: S&P Lowers Rating on $1.6BB Term Loan to 'BB-'
-------------------------------------------------------------
S&P Global Ratings said it lowered its rating on Eastern Power
LLC's $1.6 billion senior secured first-lien term loan due 2021 and
$90 million revolving credit facility due 2019 to 'BB-' from 'BB'.
The outlook is stable.

S&P Global Ratings also revised the recovery rating on the debt to
'3' from '2', indicating S&P's expectation that lenders can expect
meaningful (50% to 70%; in the upper half of the range) recovery if
a payment default occurs.  Eastern Power LLC is co-issuer with
Eastern Covert Midco, LLC and is a joint and several obligor.

"The stable outlook reflects Eastern Power's reliance on
predictable capacity payments for most of its cash flow over the
next few years, our expectations for sound operational performance,
and debt outstanding on the term loan at refinancing of about $1.3
billion," said S&P Global Ratings credit analyst Kimberly
Yarborough.  "We expect robust DSCRs near and above 2x until
refinancing when DSCRs drop to 1.1x in our analysis.  We further
expect stable operational performance and cash sweeps that
accelerate paydown on the term loan."

S&P would likely lower the rating if expected debt service coverage
fell below 1.1x on a sustained basis in the postrefinancing period,
which could stem from operational issues that lower availability
and increase maintenance costs, lower-than-expected capacity prices
in NYISO Zone J over the next few years, or higher debt outstanding
at refinancing.

An upgrade would likely require debt service coverage ratios over
2x on a sustained basis, sound operational performance, and
significantly lower debt at maturity.



ELBIT IMAGING: Announces Third Quarter Results for 2016
-------------------------------------------------------
Elbit Imaging Ltd. reported a net loss of NIS 35.58 million on NIS
44.56 million of total revenues for the three months ended Sept.
30, 2016, compared to a loss of NIS 2.35 million on NIS 31.30
million of total revenues for the three months ended Sept. 30,
2015.

For the nine months ended Sept. 30, 2016, the Company reported a
loss of NIS 132.17 million on NIS 227.71 million of total revenues
compared to a loss of NIS 203.17 million on NIS 298.62 million of
total revenues for the same period a year ago.

As of Sept. 30, 2016, Elbit Imaging had NIS 2.60 billion in total
assets, NIS 2.37 billion in total liabilities and NIS 231.65
million in shareholders' equity.

The Company's subsidiary Plaza Centers N.V. has published its
interim financial statement as of Sept. 30, 2016, on Dec. 2, 2016.

PC has reported that it is in active negotiations on several
disposal transactions which will generate estimated net proceeds of
EUR 71 million to PC and, although there is no certainty that these
transactions will be completed, it is expected that the closing of
these transactions will take place within a few months after Dec.
1, 2016.

Those financial statements include a statement that PC is of the
opinion that the combination of PC's forecast cash flow (which
mainly relies on the realization of its assets as mentioned above),
its indebtedness and other obligations under the restructuring plan
(as amended and reported by the Company on
Dec. 1, 2016) and other factors, indicate the existence of a
material uncertainty that casts significant doubt about PC's
ability to continue as a going concern.

The Company is of the opinion that such uncertainty with respect to
PC does not materially affect the Company's financial position, its
excepted cash flow and its ability to serve it indebtedness (on a
standalone basis) in the foreseeable future.

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

                     https://is.gd/7Ytvt7

                     About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


ELENA DELGADILLO: S. Lopez Seeks Ch. 11 Trustee Appointment
-----------------------------------------------------------
Creditor Sacramento Lopez asks the U.S. Bankruptcy Court for the
Eastern District of California to enter an order directing the
appointment on behalf of the Debtor in Possession, Elena
Delgadillo, a Chapter 11 Trustee or an order converting the Chapter
11 bankruptcy case to one under Chapter 7.

Ms. Lopez's motion alleges that the Debtor fails and refuses to
perform stipulated benchmarks -- which were established to
efficiently administer her estate.  This proves the Debtor's
inability and unwillingness to act in a manner required to protect
the interests of her creditors, including the Creditor, Ms. Lopez
says.

Therefore, the Creditor seeks the appointment of a trustee, as
Debtor's inaction evidence that she is not the appropriate
fiduciary to oversee her estate for the benefit of creditors.

Elena Delgadillo filed a Chapter 11 petition (Bankr. E.D. Cal. Case
No. 16-90500) on June 9, 2016, and is represented by David C.
Johnston, Esq.


EMMAUS LIFE: Gets Notice of FDA PDUFA Date for L-Glutamine
----------------------------------------------------------
Emmaus Life Sciences, Inc., announced that the U.S. Food and Drug
Administration has set a PDUFA date of July 7, 2017, for a decision
on the Company's New Drug Application for its orally-administered
pharmaceutical grade L-glutamine (PGLG) product for the treatment
for sickle cell disease.  The company also announced it will
present data from a subgroup analysis of its Phase 3 clinical trial
with PGLG treatment at the 58th American Society of Hematology
Annual Meeting & Exposition in San Diego, CA.

"Notification of the PDUFA date brings us one step closer to
providing healthcare providers and patients with a new treatment
option for sickle cell disease," said Yutaka Niihara, MD, MPH,
chairman and chief executive officer of Emmaus Life Sciences.
"There is a scarcity of therapies for this debilitating condition
and we look forward to working closely with the agency over the
coming months as it reviews our new drug application."

If approved by the FDA, PGLG could be the first FDA-approved
treatment for pediatric patients with sickle cell disease, and the
first new treatment in nearly 20 years for adult patients.  Emmaus'
PGLG therapy has received Orphan Drug designation in the U.S.,
Orphan Medicinal Product designation in the EU and Fast Track
designation from the FDA.  Emmaus also plans to submit a marketing
authorization application to the European Medicines Agency.

           Poster Presentation at ASH Annual Meeting

Title: Phase 3 Study of L-Glutamine Therapy in Sickle Cell Anemia
and Sickle ß0-Thalassemia Subgroup Analyses Show Consistent
Clinical Improvement (Abstract #1318)
Session Name: 114. Hemoglobinopathies, Excluding
Thalassemia—Clinical: Poster I
Session Date: Saturday, December 3, 2016
Session Time: 5:30—7:30 PM PT

The poster presents data on the rate of sickle cell crises (SCCs)
with PGLG treatment vs. placebo over a 48-week period within the
patient subgroups of age (age 5 to 18 years, and age >18 years),
gender and hydroxyurea use (specifically patients who received
hydroxyurea treatment before and during the trial, and patients who
did not).  Consistent clinical improvement was seen in all
subgroups.

The company previously reported data from its Phase 3 sickle cell
disease trial, which demonstrated a reduction in the frequency of
SCCs and hospitalizations, as well as a reduction in cumulative
days hospitalized, and a lower incidence of the life-threatening
acute chest syndrome.  The clinical trial enrolled 230 adult and
pediatric patients as young as five years old, across 31
experienced sickle cell disease treatment centers in the U.S.  No
major adverse events were attributable to the treatment.

                   About Sickle Cell Disease

Sickle Cell Disease is an inherited blood disorder characterized by
the production of an altered form of hemoglobin which polymerizes
and becomes fibrous, causing red blood cells to become rigid and
change form so that they appear sickle shaped instead of soft and
rounded.  Patients with Sickle Cell Disease suffer from
debilitating episodes of sickle cell crises, which occur when the
rigid, adhesive and inflexible red blood cells occlude blood
vessels.  Sickle cell crises cause excruciating pain as a result of
insufficient oxygen being delivered to tissue, referred to as
tissue ischemia, and inflammation.  These events may lead to organ
damage, stroke, pulmonary complications, skin ulceration, infection
and a variety of other adverse outcomes.  Sickle Cell Disease is an
orphan disease, affecting approximately 100,000 patients in the
U.S. and millions worldwide with significant unmet medical needs.

                     About Emmaus Life

Emmaus Life Sciences, Inc., is engaged in the discovery,
development, and commercialization of treatments and therapies
primarily for rare and orphan diseases.  This biopharmaceutical
company's headquarters is in Torrance, California.

Emmaus Life reported a net loss of $12.7 million on $590,114 of
net revenues for the year ended Dec. 31, 2015, compared to a net
loss of $21.8 million on $500,679 of net revenues for the year
ended Dec. 31, 2014.

As of Sept. 30, 2016, Emmaus Life had $21.56 million in total
assets, $30.84 million in total liabilities and a total
stockholders' deficit of $9.28 million.

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


ENERGY FUTURE: E-Side Plan Hearings Moved to February
-----------------------------------------------------
The American Bankruptcy Institute, citing Tom Hals of Reuters,
reported that Energy Future Holdings Corp will start hearings in
February 2017 to confirm its Chapter 11 bankruptcy exit plan and
its proposed sale of its power lines business to NextEra Energy Inc
for $18.6 billion, a judge said on Dec. 1, 2016.

According to Reuters, the Plan confirmation hearings had been
scheduled to begin on December 1, but were postponed after the U.S.
3rd Circuit Court of Appeals ruled last month that the company owed
holders of its first-lien and second-lien notes about $800 million
more than anticipated.

The Debtors, on December 1, filed a fifth amended joint plan of
reorganization for the EFH and EFIH Debtors, to reflect the
following key changes:

   (1) Deletion of Makewhole Condition Precedent. The condition
precedent to consummation of the Plan requiring the EFIH First Lien
Makewhole Claims and EFIH Second Lien Makewhole Claims to be
Disallowed Makewhole Claims is eliminated.

   (2) Limited Liens for the Benefit of the EFIH First Lien Trustee
and EFIH Second Lien Trustee. The EFIH First Lien Notes Trustee and
EFIH Second Lien Notes Trustee will be granted Liens on the
EFH/EFIH Distribution Account, up to the asserted amount of their
respective Makewhole Claims. These Liens will survive for the
benefit of the respective Indenture Trustee until such time their
respective Makewhole Claim has either been (a) Allowed, and paid in
full, in Cash from the EFH/EFIH Distribution Account or (b)
disallowed by Final Order. The Lien will not extend to the value of
any EFH cash included in the EFH/EFIH Distribution Account.

   (3) Elimination of Class B6 "Top Up." As set forth in Article
VI.A. of the Plan, recoveries to Holders of Allowed Class B6 Claims
may be reduced to first satisfy any Allowed EFIH First Lien
Makewhole Claims or EFIH Second Lien Makewhole Claims.

   (4) Satisfaction of Allowed Makewhole Claims. Any Allowed EFIH
First Lien Makewhole Claims or Allowed EFIH Second Lien Makewhole
Claims will be satisfied from the EFH/EFIH Distribution Account.

Under the Fifth Amended Plan, holders of Class B6 Claims - General
Unsecured Claims Against the EFIH Debtors will receive its Pro Rata
share of the EFIH Unsecured Creditor Recovery Pool.  Any Class B6
Claim derived from or based upon the EFIH First Lien Notes or EFIH
Second Lien Notes will be Allowed if and to the extent the Claim
would be an Allowed Class B3 Claim under the Plan or an Allowed
Class B4 Claim under the EFIH Second Lien Note Claims, if the terms
EFIH First Lien Note Claims and EFIH Second Lien Note Claims, as
applicable, were defined to include Unsecured Claims derived from
or based upon the EFIH First Lien Notes or EFIH Second Lien Notes,
as applicable.

Reuters noted that the modified plan essentially shifted the cost
of last month's appeals court ruling to holders of junior unsecured
notes, by reducing their payout by roughly $800 million.  Those
junior creditors argued to U.S. Bankruptcy Judge Christopher
Sontchi in Wilmington, Delaware that NextEra should be on the hook
for making the unanticipated payment to the first-lien and
second-lien noteholders, Reuters related.  If the Florida power
company did not want to pay, then it should drop its merger plan,
their lawyer argued, the report further related.

According to Reuters, the unsecured noteholders also asked the
judge for a six-week "time out" in the case, saying they are
entitled to a short window to explore a potentially better
alternative.  Judge Sontchi, however, rejected their proposed
schedule, saying it was important to move the two-and-a-half year
case along or risk losing the NextEra deal, Reuters related.

A red-lined version of the Fifth Amended Disclosure Statement dated
Dec. 1, 2016, is available at:

         http://bankrupt.com/misc/deb14-10979-10294.pdf

                        About Energy Future

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

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

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

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

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).

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

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

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

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

                          *     *     *

In December 2015, the Bankruptcy Court confirmed the Debtors'
reorganization plan, which contemplated a tax-free spin of the
company's competitive businesses, including Luminant and TXU
Energy, and the $20 billion sale of its holdings in non-debtor
electricity transaction unit Oncor Electric Delivery Co. to a
consortium of investors.  But the Plan became null and void after
certain first lien creditors notified the occurrence of a "plan
support termination event."

The Debtors filed a new plan of reorganization on May 1, 2016, as
subsequently amended.  The new Chapter 11 plan features
alternative
options for dealing with the Company's stake in electricity
transmission unit Oncor.

On Aug. 29, 2016, Judge Sontchi confirmed the Chapter 11 exit
plans
of two of Energy Future Holdings Corp.'s subsidiaries, power
generator Luminant and retail electricity provider TXU Energy Inc.
(the "T-Side Debtors").  The Plan became effective on Oct. 3,
2016.

On Sept. 21, 2016, the Debtors filed the E-Side Plan and the
Disclosure Statement for the Fourth Amended Joint Plan of
Reorganization of Energy Future Holdings Corp., et al., Pursuant
to
Chapter 11 of the Bankruptcy Code as it Applies to the EFH Debtors
and EFIH Debtors (the "E-Side Debtors").


ESSAR STEEL: Exclusive Plan Filing Period Extended Until May 4
--------------------------------------------------------------
Judge Brendan L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware extended the exclusive periods within which
only Essar Steel Minnesota LLC and ESML Holdings Inc. may file a
chapter 11 plan and solicit acceptances to their plan, through May
4, 2017 and July 5, 2017, respectively

The Troubled Company Reporter had earlier reported that the Debtors
sought exclusivity extension telling the Court that they have begun
to make headway in preserving their essential mineral rights -- a
key foundation for their reorganization.  The Debtors told the
Court that they have filed a motion seeking approval of amendments
agreed upon by lessors of certain mineral leases, collectively
known as Langdon-Warren.  The Debtors further told the Court that
the amendments will become effective only if the Debtors confirm
and consummate a chapter 11 plan by June 30, 2017.  

In connection with the amendments, Langdon-Warren has agreed to
give the Debtors until June 30, 2017 to assume their leases. By
locking up their rights with Langdon-Warren, the Debtors expect
other lessors will follow suit and permit the Debtors until June
30, 2017 to develop and consummate a plan.

                        About Essar Steel Minnesota LLC.

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

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

The cases are assigned to Judge Brendan Linehan Shannon.

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

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


FAIRPOINT COMMUNICATIONS: S&P Puts 'B' CCR on CreditWatch Positive
------------------------------------------------------------------
S&P Global Ratings said that it placed its 'B' corporate credit
rating on Charlotte, N.C.-based FairPoint Communications Inc. on
CreditWatch with positive implications.

At the same time, S&P placed the 'B' issue-level rating on the
company's 8.75% senior secured notes on CreditWatch positive.  The
'3' recovery rating is unchanged, indicating S&P's expectation for
meaningful (50%-70%; at the upper half of the range) recovery of
principal in the event of payment default.

S&P expects that FairPoint's $75 million senior secured revolving
credit facility due 2018 and $640 million first-lien term loan due
2019 ($617 million outstanding) will be repaid when the transaction
closes because there is a change of control provision in the credit
agreement.  As a result, S&P is not placing its ratings on the
credit facility and term loan on CreditWatch positive.

"The CreditWatch placement follows FairPoint's announcement that it
will be acquired by Consolidated Communications Holdings Inc. for
about $1.5 billion in an all-stock transaction, including the
assumption of debt.  We expect the transaction to close in the
middle of 2017," said S&P Global Ratings' credit analyst Scott
Tan.

Although S&P expects that FairPoint will refinance its 8.75% senior
secured notes, the positive CreditWatch placement is based on S&P's
view that some of the notes could be outstanding after transaction
closes.

S&P believes that a one-notch upgrade is likely and expect to
resolve the CreditWatch placement when the transaction closes in
the mid-2017.



FERGUSON CONVALESCENT: Still Faces Financial Concerns, PCO Says
---------------------------------------------------------------
Deborah L. Fish, the Patient Care Ombudsman for Ferguson
Convalescent Home, Inc., has filed a seventh report for the period
of September 22, 2016 to November 22, 2016.

The PCO says the Debtor has maintained all of its services and is
delivering similar quality care to essentially the same patient
population as it did pre-petition. There are no changes in security
since the Last Report. The administration and staff confirmed that
the Debtor is continuing to receive all of its necessary supplies
without any interruptions in service.

The PCO, however, said financial concerns continue to be addressed
by the Debtor. While the Debtor has made some efforts to increase
the census, those efforts have yet to result in a census increase.


Moreover, the Debtor continues to struggle on a monthly basis to
meet its financial obligations but has been able to make its
ongoing monthly payments, the PCO says.  The Debtor had an issue
with its Medicaid reimbursement which it has resolved.
Additionally, the Debtor's Medicare payments were behind due to a
change in billing and those should be caught up by the end of the
month.

A full-text copy of the PCO Report is available at:

       http://bankrupt.com/misc/mieb16-30397-118.pdf

                 About Ferguson Convalescent

Ferguson Convalescent Home, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Mich. Case No. 16-30397) on Feb. 24, 2016.
The cases are pending before the Honorable Daniel S. Opperman. The
Debtor is represented by Martin W. Hable, Esq., in Lapeer, Mich.

The Debtor is a privately owned and licensed long term skilled
nursing facility located at 239 S. Main St., Lapeer, Mich. It
consists of 87 licensed beds, located within a leased facility. The
Debtor currently has 54 residents and employs nearly 100 full and
part-time employees.


FIRED UP: TAGeX's Auction of Personal Property Approved
-------------------------------------------------------
Tony M. Davis of the U.S. Bankruptcy Court for the Western District
of Texas authorized Fired Up, Inc.'s the sale of personal property
located at its closed locations at an auction to be conducted by
TAGeX, pursuant to the terms and conditions and the compensation
scheme.

A copy of the compensation scheme attached to the Order is
available for free at:

           http://bankrupt.com/misc/Fired_Up_268_Order.pdf

A hearing on the Motion was held on Dec. 1, 2016.

The sales will be free and clear of liens, claims and encumbrances

The Order will apply to the specific sale described in the
compensation scheme and all future sales on substantially the same
terms.

TAGeX is authorized to conduct multiple auctions and receive
payment without further order of the Court pursuant to the
compensation scheme.

On Sept. 13, 2016, Colorado Department of Revenue ("Department")
filed proof of claim no. 62-1 in the amount of $10,128 for December
2015 sales taxes owed to the Department by the Debtor.  The unpaid
sales taxes are secured by a first and prior lien pursuant to
Section 39-26-117(1)(a), C.R.S., on all goods and business fixtures
owned or used by the Debtor.

The Debtor does not contest the Department's proof of claim or the
extent, validity, priority or enforceability of the Department's
first and prior statutory lien which secures the Debtor's unpaid
sales tax obligations to the Department.

The Department previously objected to the Debtor's proposed sale of
property subject to the Department's lien.  The Department has also
informally objected to the proposed liquidation of the Debtor's
goods and business fixtures without providing for payment of the
Department's claim secured by the statutory first and prior lien.

To resolve the Department's objections, the Debtor agrees within 10
days of receipt of the net proceeds from the sale of the Debtor's
goods and business fixtures, the Debtor will remit the amount of
$10,128 in certified funds to the Department, c/o Donald Olivet,
1375 Sherman Street, Room 504, Denver, Colorado.  This payment will
be without prejudice to the Department's right to claim any
additional amounts the Debtor may owe or that may become owing to
the Department in accordance with the provisions of the Bankruptcy
Code.

The Debtor will segregate the proceeds from these sales pending
further order of the Court.

The 14-day stay of Federal Rule of Bankruptcy Procedure 6004(h) is
waived.

                    About Fired Up, Inc.

Fired Up, Inc., the Austin, Texas-based owner and operator of the
Johnny Carino's Italian restaurant chain, sought Chapter 11
bankruptcy protection (Bankr. W.D. Tex. Case No. 14-10447) on
March 27, 2014, in Austin, Texas.  It estimated assets and debt of
$10
million to $50 million.

As of the bankruptcy filing, Fired Up had 2,900 employees and
owned and operated 46 company-owned stores known as Johnny
Carino's
Italian in seven states (Texas, Arkansas, Colorado, Louisiana,
Idaho, Kansas and Missouri) and 61 franchised or licensed
locations in 17 states and four other countries (Bahrain, Dubai,
Egypt and
Kuwait).

The Debtor disclosed $10,360,877 in assets and $36,139,375 in
liabilities.

The Debtor is represented by Barbara M. Barron, Esq. and Lynn
Saarinen, Esq. at Barron & Newburger, P.C., in Austin.

The U.S. Trustee appointed a seven-member Official Committee of
Unsecured Creditors.  The Committee tapped Pachulski Stang Ziehl &
Jones LLP as its counsel, and FTI Consulting, Inc., as its
financial advisor.


FORT WALKER: Plan Filing Deadline Extended Until February 12
------------------------------------------------------------
Judge Carlota M. Bohm of the U.S. Bankruptcy Court for the Western
District of Pennsylvania extended the exclusive periods within
which only Fort Walker Holdings, LLC may file its Plan of
Reorganization until Feb. 12, 2017, and may procure acceptance of
its Plan until April 10, 2017.

The Troubled Company Reporter had earlier reported that the Debtor
sought an extension of its exclusive periods since it was still
marketing its real property, a residence in Hilton Head, South
Carolina.  The Debtor contended that the sale of the property will
significantly affect the direction of its case.

                            About Fort Walker Holdings

Fort Walker Holdings LLC, based in Pittsburg, Pa., filed a Chapter
11 petition (Bankr. W.D. Pa. Case No. 16-22609) on July 14, 2016.
The petition was signed by William E. Connolly, principal.  The
Hon. Gregory L. Taddonio presides over the case.   Robert O. Lamp,
Esq. serves as bankruptcy counsel.  In its petition, the Debtor
estimated $1 million to $10 million in both assets and
liabilities.

The Debtor employs Carolina Realty Group as real estate broker.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Fort Walker Holdings LLC.


FOUNTAINS OF BOYNTON: Has Until January 5 to Solicit Plan Votes
---------------------------------------------------------------
Judge Erik K. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida extended the exclusive period within which
Fountains of Boynton Associates, Ltd. may solicit acceptances for
its filed plan of reorganization through and including January 5,
2017.

The Troubled Company Reporter had earlier reported that the Debtor
filed a plan of reorganization and disclosure statement on May 5,
2016.  By prior Court Order, the Solicitation Period was extended
in order for the Debtor to negotiate the terms of a consensual plan
or structured dismissal with its largest creditor, Hanover
Acquisition 3, LLC.  The Debtor further related that the parties
had reached an agreement in principle to resolve the case and are
finalizing a written settlement agreement, which the Debtor
anticipated presenting to the Court shortly.

                     About Fountains of Boynton Associates

Fountains of Boynton Associates, Ltd., based in Boynton Beach,
Fla., sought Chapter 11 bankruptcy protection (Bankr. S.D. Fla.
Case No. 16-11690) on Feb. 5, 2016. The petition was signed by John
B. Kennelly, manager. The Debtor considers itself a "single asset
real estate".  The Hon. Erik P. Kimball oversees the case. The
Debtor disclosed total assets of $71,421,648 and total liabilities
of $53,672,029 at the time of filing.  Bradley S Shraiberg, Esq.,
and Patrick Dorsey, Esq., at Shraiberg, Ferrara, & Landau, serve as
the Debtor's counsel.  

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Fountains of Boynton Associates, Ltd.


GARDEN GATE: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Garden Gate Apartments, LLC
        1608 Rhodes Lane
        Griffin, GA 30224

Case No.: 16-12455

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Newnan)

Debtor's Counsel: Frank G. Nason, IV, Esq.
                  LAMBERTH, CIFELLI, ELLIS & NASON, P.A.
                  1117 Perimeter Center West, Suite W212
                  Atlanta, GA 30338
                  Tel: (404) 262-7373
                  Fax: (404) 262-9911
                  E-mail: fnason@lcenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Mike Kohn, manager, STOWA Member, LLC.

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/ganb16-12455.pdf


GAWKER MEDIA: Asks Court to Move Plan Filing Period to February 5
-----------------------------------------------------------------
Gawker Media LLC and its affiliated Debtors request from the U.S.
Bankruptcy Court for the Southern District of New York for an
additional 60-day extension of their exclusive periods, to file a
chapter 11 plan and solicit acceptances of such plan.

Specifically, the Debtors request that the exclusive filing period
be extended through: (a) February 5, 2017 with respect to Gawker
Media, LLC, and (b) February 7, 2017 with respect to Gawker Media
Group, Inc., and Gawker Hungary Kft.

The Debtors further request that the exclusive solicitation period
be extended through: (a) April 6, 2017 with respect to Gawker
Media, LLC, and (b) April 8, 2017 with respect to Gawker Media
Group, Inc., and Gawker Hungary Kft.

The Debtors relate that following an extensive marketing and
bidding process approved by the Court, the Debtors held an auction
for the sale of substantially all of their assets on August 16,
2016.  At the conclusion of the auction, the Debtors, in
consultation with the Committee, designated the bid from UniModa,
LLC, as the successful bid.  The Court authorized the sale of the
Assets to UniModa, LLC, which was closed on September 9, 2016.

The Debtors further relate that they have filed a disclosure
statement on September 30, 2016 for their joint chapter 11 plan of
liquidation, which was subsequently approved by the Court on
November 4, 2016, and a confirmation hearing in respect of the Plan
has been scheduled to begin on December 13, 2016.

Although the Debtors seek to confirm the Plan and make Plan
distributions before the end of 2016, the Debtors may need to
formulate an entirely new plan of liquidation should the Court deny
confirmation of the Plan.  

The Debtors tell the Court that integral to the Plan are several
settlements which resolve complex litigation and intercompany
allocation issues.  Should the Court deny confirmation of the Plan,
the Debtors may need to review and possibly re-negotiate some or
all of these settlements.  In that scenario, the Debtors would
benefit from having additional time to consider a new plan and
confer with the Committee on the proposed plan treatment of claims
against the Debtors.

The Court will conduct a hearing on the Debtors' Exclusivity
Extension request on  December 15, 2016 at 10:00 a.m.  Any
responses to the Motion are due on December 12, 2016.

Meanwhile, former major league pitcher and baseball analyst Mitch
Williams has urged a New York bankruptcy judge to keep alive a $50
million defamation claim against Gawker Media LLC, saying that to
rule otherwise would effectively kill his planned state court
appeal.  According to a report by Y. Peter Kang, writing for
Bankruptcy Law360, Williams filed a suit accusing Gawker of
defaming him in a series of Deadspin.com articles discussing his
ejection from his son's little league game.  That suit was tossed
by a New Jersey judge in June this year.

                           About Gawker Media

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

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

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

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

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

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

Mr. Denton filed for personal bankruptcy on August 1, 2016, to
protect himself from the legal judgment awarded to Hulk Hogan in an
invasion-of-privacy lawsuit.

The U.S. trustee for Region 2 on June 24, 2016, appointed three
creditors of Gawker Media LLC and its affiliates to serve on the
official committee of unsecured creditors. The committee members
are Terry Gene Bollea, popularly known as Hulk Hogan, Shiva
Ayyadurai, and Ashley A. Terrill.  The Committee retained Simpson
Thacher & Bartlett LLP, in New York, as counsel.

Counsel to US VC Partners LP, as Prepetition Second Lien Lender,
are David Heller, Esq., and Keith A. Simon, Esq., at Latham &
Watkins LLP.

Counsel to Cerberus Business Finance, LLC, as DIP Lender, are Adam
C. Harris, Esq., at Schulte Roth & Zabel LLP.


GLYECO INC: Files Copy of Slide Presentation with SEC
-----------------------------------------------------
GlyEco, Inc., presented on Dec. 2, 2016, a slide presentation at
the Company's 2016 annual meeting of stockholders.  The slide
presentation provides an overview of the Company's operations, a
copy of which is available for free at https://is.gd/c8T0Qq

                     About GlyEco, Inc.

Phoenix, Ariz.-based GlyEco, Inc., is a green chemistry company
formed to roll-out its proprietary and patent pending glycol
recycling technology that transforms waste glycols, a hazardous
material, into profitable green products.

GlyEco reported a net loss available to common shareholders of
$12.5 million on $7.36 million of net sales for the year ended Dec.
31, 2015, compared to a net loss available to common shareholders
of $8.73 million on $5.89 million of net sales for the year ended
Dec. 31, 2014.

As of Sept. 30, 2016, GyleCo had $5.73 million in total assets,
$1.31 million in total liabilities and $4.42 million in total
stockholders' equity.

KMJ Corbin & Company LLP, in Costa Mesa, California, issued a
"going concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that
the Company has had recurring losses from operations, has negative
operating cash flows during the year ended Dec. 31, 2015, and has
an accumulated deficit of $34,550,503 as of Dec. 31, 2015.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


GO YE VILLAGE: Disclosures Conditionally OK'd; Hearing on Jan. 18
-----------------------------------------------------------------
The Hon. Tom R. Cornish of the U.S. Bankruptcy Court for the
Eastern District of Oklahoma has conditionally approved Go Ye
Village, Inc.'s disclosure statement for the Debtor's amended plan
of reorganization filed on Nov. 8, 2016.

The Court will hold a hearing to consider the entry of further
orders regarding the Disclosure Statement and scheduling of the
confirmation process for Jan. 18, 2017, at 9:00 a.m.

                     About Go Ye Village, Inc.

Go Ye Village, Inc., filed a Chapter 11 bankruptcy petition
(Bankr.
E.D. Okla Case No. 15-81287) on Nov. 30, 2015.  The petition was
signed by Maurice D. Turney as president.  The Debtor disclosed
total assets of $24.48 million and total debts of $36.18 million.
Sam G. Bratton, II, Esq., at Doerner, Saunders, Daniel & Anderson,
LLP, serves as the Debtor's counsel.  Judge Tom R. Cornish is
assigned to the case.

The U.S. Trustee has appointed a patient care ombudsman in the
Debtors' bankruptcy case.

The U.S. Trustee for Region 20 on June 16, 2016, filed an amended
notice of appointment of Go Ye Village Inc.'s official committee of
unsecured creditors. The Justice Department's bankruptcy watchdog
announced that it appointed these creditors to serve on the
committee: (1) Doris Barbee, (2) Russell & Mary Megee, (3) Randle &
Joyce Peterson, (4) Andrew Turner, (5) Dennis W. & Ann Rives Smith,
(6) Bill Young, (7) Thomas F. Henstock, (8) Van Ferguson, (9)
Robert & Donna Rice, and (10) Charlotte Kerth.


HEARTLAND CARE: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Heartland Care, Inc.
           dba Heartland Companions and Homemakers
           dba Heartland Continuing Care Center Nursing Home
           fdba Heartland Care of Hobbs
           dba Heartland Continuing Care Center
           fdba Heartland Care of Artesia
        1604 W. 18th St.
        Portales, NM 88130

Case No.: 16-13005

Nature of Business: Health Care

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       District of New Mexico (Albuquerque)

Judge: Hon. Robert H. Jacobvitz

Debtor's Counsel: Bonnie P. Bassan, Esq.
                  MOORE, BASSAN & BEHLES P.C.
                  3800 Osuna Rd NE, STE #2
                  Albuquerque, NM 87109
                  Tel: 505-242-1218
                  Fax: 505-242-2836
                  Email: mbglaw@swcp.com

                    - and -

                  Daniel J Behles, Esq.
                  MOORE, BASSAN & BEHLES P.C.
                  3800 Osuna Rd NE, STE #2
                  Albuquerque, NM 87109
                  Tel: 505-242-1218
                  Fax: 505-242-2836
                  E-mail: dan@behles.com

                    - and -

                  George M Moore, Esq.
                  MOORE, BASSAN & BEHLES P.C.
                  3800 Osuna Rd NE, STE #2
                  Albuquerque, NM 87109
                  Tel: 505-242-1218
                  Fax: 505-242-2836
                  E-mail: mbglaw@swcp.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ranelle Tweedy, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mdb16-13005.pdf


HECTOR RICARDO CARMONA: Jan. 5 Disclosure Statement Hearing
-----------------------------------------------------------
Judge Eduardo V. Rodriguez of the U.S. Bankruptcy Court for the
Southern District of Texas, on Nov 22, 2016, conditionally approved
the combined Disclosure Statement and Plan of Reorganization filed
by Hector Ricardo Carmona on Nov. 18, 2016.

Jan. 5, 2017 at 9:00 A.M. is fixed for the hearing on confirmation
of the Plan and final approval of the Disclosure Statement, which
shall be conducted at the U.S Courthouse, 1300 Victoria Street,
Laredo, Texas 78040.

Dec. 29, 2016 is fixed as the last day for filing written
acceptances or rejections of the Plan.

December 29, 2016 is fixed as the last day for filing and serving
written objections to confirmation of the Plan.

Hector Ricardo Carmona sought Chapter 11 protection (Bankr. S.D.
Tex. Case No. 16-50155) on July 21, 2016. The Debtor is represented
by Carl Michael Barto, Esq.


HERCULES OFFSHORE: British Unit Sells 2 Rigs to Magni for $130M
---------------------------------------------------------------
Hercules British Offshore Limited, a subsidiary of Hercules
Offshore, Inc., on December 2, 2016, entered into a purchase and
sale agreement with Magni Drilling Limited.  

The Buyer is purchasing from the Seller two jack-up drilling rigs
named Hercules Triumph (IMO 8771320) and Hercules Resilience (IMO
8771332) in their entirety, together with everything onboard,
including all broached and unbroached provisions, spare parts and
equipment onboard or onshore, rig site inventory, drawings,
operating manuals, maintenance records, service contracts and all
other documents pertaining to them for $130 million in cash.  

The Purchase Agreement is expected to close on or before Jan. 10,
2017, subject to certain closing conditions.

A copy of the Purchase Agreement is available at
https://is.gd/1V6kHf

                  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 disclosed 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.

On Nov. 15, 2016, the Bankruptcy Court entered an order confirming
the Debtors' Modified Joint Prepackaged Chapter 11 Plan
(incorporating mediation settlement).  The Plan was declared
effective on Dec. 2, 2016.


HERCULES OFFSHORE: Liquidation Plan Declared Effective
------------------------------------------------------
Hercules Offshore, Inc., disclosed in a regulatory filing with the
Securities and Exchange Commission that on Dec. 2, 2016, all
applicable conditions set forth in the Debtors' Modified Joint
Prepackaged Chapter 11 Plan (incorporating mediation settlement)
were satisfied or waived and the effective date of the Plan of
Liquidation occurred.

The Company filed a Notice of Effective Date of the Plan of
Liquidation with the Bankruptcy Court on Dec. 2, 2016.

On Nov. 15, 2016, the Bankruptcy Court entered an order confirming
the Debtors' Plan.

The Company noted that its registered securities cancelled on the
Plan Effective Date included all of the Company's common stock,
$0.01 par value per share, as well as the Company's warrants to
purchase the Common Stock exercisable on or before Nov. 8, 2021.
The Common Stock and the Warrants were cancelled and extinguished
on the Effective Date.

The Company filed a Form 15 with the Securities and Exchange
Commission for the purpose of terminating the registration of the
Common Stock and the Warrants under the Securities Exchange Act of
1934, as amended.  The Company will cease filing any further
periodic or current reports under the Exchange Act.

The Plan provides that the terms of all directors and officers of
all the Debtors shall be deemed to have expired on the Effective
Date.  As of the Effective Date, the members of the board of
directors of the Company resigned from the Board.

As reported by the Troubled Company Reporter, 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.

According to a September report by Jacqueline Palank of the The
Wall Street Journal Pro Bankruptcy, the Company on Sept. 15,
submitted an amended debt-payment plan that offers a cash payout of
$15 million to shareholders who rejected a previous plan.
Depending on the success of the sales of Hercules' rigs and other
assets, however, shareholder recoveries could rise as high as $138
million, the WSJ report said, citing an analysis by Hercules
investment bankers at PJT Partners.

A prior analysis of potential asset sale outcomes by PJT had
forecast a shareholder recovery of $0 to $27 million, the report
added, citing court papers.

Led by distressed investor Centerbridge Partners, shareholders
teamed up to oppose a plan they said would give Hercules senior
lenders a "massive windfall" in the company's second chapter 11
filing in as many years, the report related.

Court papers show mediation led by U.S. Bankruptcy Court Judge
Christopher Sontchi produced a settlement in which lenders agreed
to reduce about $546 million in claims by $32.5 million, the
report
further related.  The deal also includes a pledge from the lenders
to allow the shareholders to receive the $15 million in cash
before
the lenders are paid, the report said.

According to the Notice of Plan Effective Date, holders of Fee
Claims arising on or after the Petition Date through and including
the Effective Date shall file and serve final requests for
allowance and payment of such Fee Claims by no later than by no
later than 45 days after the Effective Date in accordance with the
Plan, or shall be forever barred from asserting such Claims against
the Debtors, the Wind Down Entity, or their respective properties,
and such Fee Claims shall be deemed discharged as of the Effective
Date.

Each holder of an Administrative Claim, other than (i) a Fee Claim,
(ii) a liability incurred and payable in the ordinary course of
business by the a Debtor (and not past due), or (iii) an
Administrative Claim that has been Allowed on or before the
Effective Date, must file with the Court and serve on the Wind Down
Entity Representative and its counsel notice of such Administrative
Claim within 30 days after service of notice of the Effective Date.
The notice must include at a minimum (i) the name of the Debtor(s)
purported to be liable for the Administrative Claim, (ii) the name
of the holder of the Administrative Claim, (iii) the amount of the
Administrative Claim, and (iv) the basis for the Administrative
Claim.  Failure to file and serve such notice timely and properly
shall result in the Administrative Claim being forever barred.

If the rejection or repudiation of an Executory Contract or
Unexpired Lease pursuant to the Plan results in a Rejection Damage
Claim, then the Rejection Damage Claim shall be forever barred and
shall not be enforceable against the Debtors or the Wind Down
Entity or their properties, or any of their interests in properties
as agent, successor or assign, unless a proof of Claim is filed
with the Claims and Noticing Agent and served upon counsel to the
Debtors or the Wind Down Entity, as applicable, within 30 days
after the later of (i) service of the Confirmation Order and (ii)
service of notice of the effective date of rejection or repudiation
of the Executory Contract or Unexpired Lease.

A copy of the Debtors' Modified Joint Prepackaged Chapter 11 Plan
is available at https://goo.gl/WY5Jfv

A copy of the Plan Confirmation Order is available at
https://goo.gl/bueqRE

                  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.


HILLCREST INC: Bond Purchase Tries To Block Plan & Disclosures OK
-----------------------------------------------------------------
Bond Purchase, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Missouri an objection to the confirmation of
Hillcrest, Inc.'s plan of reorganization and approval of the
disclosure statement.

As reported in the Oct. 27, 2016 edition of the TCR, the Debtor's
October 2016 Plan of Reorganization and Disclosure Statement,
proposed, among others, that the claim of Clay County Savings Bank
be deemed an allowed secured claim (Class 1) and will be allowed
for the principal amount of $503,579 plus all interest, expenses
and fees incurred by the Bank which are permitted under the
applicable loan documents (including, but not necessarily limited
to, legal fees and costs and appraisal fees).  The monthly payment
will be $4,000 for principal and interest plus $1,965 escrow for
taxes and insurance starting June 1, 2016.  The interest rate was
6%, but will be reduced to 5.5%.  The maturity date will be
extended to Dec. 31, 2018 (from Dec. 31, 2016).

Bond Purchase claims that:

     a. the Plan is ambiguous.  The Debtor proposes to make
        interim payments to Bond Purchase in the amount of
        $600/month while the claim litigation is pending.  In
        Section 3(E), the Debtor states that if Bond Purchase is
        deemed to have a secured claim the claim will be paid at
        4% interest.  However, the Plan does not provide any
        additional detail about the repayment proposal;

     b. the Plan doesn't provide for post-petition fees and
        interest to Bond Purchase as an oversecured creditor;

     c. the Plan violates Section 1129(a)(1) and 1129(a)(2).  The
        Debtor states in the proposed treatment for Bond Purchase
        in Class 3 that Debtor has objected to the validity of
        Bond Purchase's lien in the real property.  While Debtor
        has made this statement on multiple occasions, as of this
        filing, no formal adversary case has been commenced.  
        Rather, the Debtor included only one paragraph in its
        objection to Bond Purchase's claim that raised an issue
        over lien perfection.  The Debtor has, to date, not filed
        a formal adversary challenging the perfection of Bond
        Purchase's lien.  The Debtor is improperly trying to
        circumvent the procedures and requirements of the
        Bankruptcy Code and Rules by trying to avoid Bond
        Purchase's lien without a formal adversary proceeding;

     d. the Plan is not feasible under Section 1129(a)(11).  The
        Debtor proposes that both creditors' claims be paid in
        full at maturity in Dec. 31, 2018, via either refinancing
        or liquidation.  However, Debtor provides no analysis
        or discussion of how a refinancing is realistic or
        feasible.  Likewise, Debtor's projections reveal a scant
        $3,000 per year for "repairs," which could hinder the
        Debtor's ability to keep the shopping center in good
        repair and could diminish the realistic prospect of
        completely a refinancing in 2018;

     e. the Plan violates 1129(a)(3) and 1129(b).  The Debtor
        proposes to pay Bond Purchase 4% if the claim is secured
        or 0% if the claim is unsecured.  Since the owner of
        the Debtor is proposing to retain his equity ownership and

        since the Debtor's own statement of value show net equity,

        paying 0% interest on unsecured claims is not fair and
        equitable.  Also, the Plan and Disclosure Statement
        contain no detail or analysis for why 4% interest on a
        secured claim is fair, reasonable or equitable; and

     f. the Debtor should clarify that Section 6.1 of the Plan is
        not intended to provide a release to non-debtor Guarantor
        Randall Robb.  Section 6.1 of the Plan contains very broad

        language stating that parties cannot commence or continue
        any actions that could interfere with the implementation
        or consummation of the Plan.  While 6.1 does not expressly

        seek a release of Randall Robb as the owner and guarantor
        of Bond Purchase's claim, in an abundance of caution Bond
        Purchase requests that the Debtor clarify that the
        language in Section 6.1 is not intended to operate as a
        release of guarantor Randall Robb and is not intended to
        act as any type of prohibition on Bond Purchase from
        pursuing guarantor Randall Robb.

The Objection is available at https://is.gd/rafieJ

Bond Purchase is represented by:

     Jeffrey A. Deines, Esq.
     LENTZ CLARK DEINES PA
     9260 Glenwood         
     Overland Park, KS 66212         
     Tel: (913) 648-0600         
     Fax: (913) 648-0664
     E-mail: jdeines@lcdlaw.com

                      About Hillcrest Inc.

Hillcrest Inc. first owned the Hillcrest Mobile Home Park in
Liberty, Missouri.  The mobile home park was sold and the proceeds
use to purchase the strip center located at 6801-6833 North Oak
Trafficway, Gladstone, Missouri, which it currently owns and
operates.

Hillcrest sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D. Mo. Case No. 16-40054) on Jan. 12, 2016.  The Debtor
estimated less than $50,000 in assets and debt.

Randall L. Robb is the President and Secretary of the Debtor, which
are the only offices filled.  He has sole control of the Debtor.


HILLSBOROUGH RIVER: Disclosures Conditionally OK'd; Jan. 5 Hearing
------------------------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has conditionally approved Hillsborough River
Pharmacy, Inc.'s disclosure statement filed on Nov. 18, 2016,
referring to the Debtor's plan of reorganization.

The Court will conduct a hearing on Jan. 5, 2017, at 10:30 a.m. to
consider the confirmation of the Plan.

Any written objections to the Disclosure Statement and objections
to the confirmation of the Plan must be filed no later than seven
days prior to the Confirmation Hearing.

Parties-in-interest will submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the Confirmation Hearing.

The Debtor will file a ballot tabulation no later than three days
before the Confirmation Hearing.

All creditors and parties-in-interest that assert a claim against
the Debtor which arose after the filing of this case, including all
professionals seeking compensation from the estate of the Debtor
must file motions or applications for the allowance of the claims
with the Court no later than 14 days after the entry of Nov. 21,
2016 court order.

Three days prior to the Confirmation Hearing, the Debtor will file
a confirmation affidavit which will contain the factual basis upon
which the Debtor relies in establishing that each of the
requirements of Bankruptcy Code Section 1129 are met.  

A small business debtor has a 45-day deadline to obtain plan
confirmation.  The time for obtaining confirmation in this case is
set to expire on Jan. 2, 2017.  The Court extended the time period
for the Debtor to obtain confirmation, through and including Jan.
5, 2016.   

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


HORSHAM VALLEY GOLF: Plan Filing Deadline Moved Through January 2
-----------------------------------------------------------------
Judge Eric L. Frank of the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania extended Horsham Valley Golf Club's
exclusive period to file a plan of reorganization through January
2, 2017, and its exclusive period to solicit acceptances of such
plan through March 3, 2017.

The Troubled Company Reporter had earlier reported that the Debtor
asked the Court for exclusivity extension believing that the
requested extension will afford it the time required to finalize
the sale of seven real property lots in the Final Subdivision Plans
for Horsham Valley Estates located in Horsham, Pennsylvania, and,
allow it to move forward with a plan that provides for the maximum
return to its creditors.

The Debtor related that it was prevented from selling the Lots
because of the combined effect of: (a) Quiet Title Action styled
"Royal Bank America v. Horsham Valley Golf Club, et al., No.
2016-06883", and (b) lis pendens which includes a judgment amount
of $1,567,006 against the Debtor in Case No. 2016-07311, entitled
"Royal Bank America v. Horsham Valley Golf Club, et al.," that are
pending in the Court of Common Pleas of Montgomery County,
Pennsylvania.

The Debtor related that it had expended its time and efforts to
adequately market and sell its Lots while attempting to negotiate
with various creditors or creditor groups with the goal of
proposing and seeking confirmation of a consensual plan of
reorganization.  

In addition, the Debtor had been exploring options to recover
obligations owed to it by Chesapeake Bay Golf Club LP and
Chesapeake Bay Golf Club West LP, its co-obligors of the HRC debt,
as the Debtor moves forward with selling and maximizing the value
of the Lots.

                          About Horsham Valley

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

The Debtor is represented by David B. Smith, Esq. at Smith Kane
Holman, LLC.  The Debtor employs Long & Foster Real Estate, Inc. as
listing agent/broker.

The Debtor listed HRC LLC as its largest unsecured creditor holding
an unknown amount of claim.


HPA NORTHRIDGE: Case Summary & 2 Unsecured Creditors
----------------------------------------------------
Debtor: HPA Northridge, LLC
        351 E. 84th St. #25B
        New York, NY 10028

Case No.: 16-13376

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 2, 2016

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

Judge: Hon. Stuart M. Bernstein

Debtor's Counsel: Mark A. Frankel, Esq.
                  BACKENROTH FRANKEL & KRINSKY, LLP
                  800 Third Avenue, 11th Floor
                  New York, NY 10022
                  Tel: (212) 593-1100
                  Fax: (212) 644-0544
                  E-mail: mfrankel@bfklaw.com

Total Assets: $4.27 million

Total Liabilities: $2.64 million

The petition was signed by Joel I. Beeler, manager.

A copy of the Debtor's list of two unsecured creditors is available
for free at http://bankrupt.com/misc/nysb16-13376.pdf


IMPLANT SCIENCES: Letter of Intent to Acquire Zapata Terminated
---------------------------------------------------------------
Implant Sciences Corporation disclosed in a regulatory filing with
the Securities and Exchange Commission that on Nov. 21, 2016, the
Letter of Intent, dated July 18, 2016, between the Company and
Zapata Industries SAS was terminated.  

The Company disputes any payment obligations it may have to Zapata
in connection with the LOI or the termination thereof.

On July 18, 2016, the Company entered into the LOI with Zapata,
pursuant to which the Company intends to acquire all the issued and
outstanding shares of Zapata, or all of Zapata's business,
excluding inventory -- with the the Company having the right to
purchase all or a portion of the inventory of Zapata at cost -- in
exchange for (i) a number of shares of our common stock, par value
$0.001 per share, equal to 60% of the total issued and outstanding
shares of Common Stock on a fully-diluted basis -- treating any
preferred stock on an as converted basis and any warrants on an as
exercised basis --  (ii) $15,000,000 in cash and (iii) warrants to
purchase 50,657,984 shares of Common Stock at an exercise price of
$1.50 per share with a four-year term.

Meanwhile, the Company on October 10, 2016, entered into an asset
purchase agreement to sell its explosives trace detection assets to
L-3 Communications Corporation for $117.5 million in cash, plus the
assumption of specified liabilities, subject to adjustment.  In
connection with the L-3 sale, on October 10, 2016, Implant Sciences
and its subsidiaries IMX Acquisition Corp., C Acquisition Corp. and
Accurel Systems International Corp. filed voluntary relief
petitions under Chapter 11 of the Bankruptcy Code with the United
States Bankruptcy Court for the District of Delaware.

                      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.  Its affiliates, Implant
Sciences, C Acquisition Corp. and Accurel Systems International
Corp. also sought Chapter 11 protection.  The cases are assigned to
Judge Brendan Linehan Shannon.

IMX estimated assets and liabilities in the range of $100 million
to $500 million.  The Debtors tapped Paul V. Shalhoub, Esq. and
Debra C. McElligott, Esq. and Jennifer J. Hardy, Esq. at Willkie
Farr & Gallagher, LLP as counsel.

The petitions were 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.  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.  The Equity Committee tapped FTI Consulting,
Inc. as financial advisor.

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.


INNOVATIVE CONSTRUCTION: M. Mansour Objects to Disclosure Statement
-------------------------------------------------------------------
Michael T. Mansour objects to the approval of Innovative
Construction, Inc.'s amended disclosure statement and its
accompanying plan of reorganization, dated Sept. 19, 2016.

Mansour complains that the Disclosure Statement provided regarding
the plan is so deficient and inaccurate that the Court should
require major supplementation before permitting the Disclosure
Statement to be disseminated to the Debtor's creditors.

Among other things, the Plan and Disclosure Statement incorrectly
sets forth the Creditor's claim as being secured by  a second
mortgage instead of property setting forth the claim as being
secured by a first mortgage on the Debtor's real estate, Mansour
tells the Court.

Neither the Plan nor the Disclosure Statement accurately sets forth
an analysis of the Debtor's Income and Expenses as it relates the
Debtor's ability to generate income to support the plan, Mansour
says.

The Disclosure Statement also fails to provide adequate disclosure
as to Debtor's future cash flow and the ability for Debtor to make
payments to the creditors, Mansour adds.

From the said reasons, the Creditor asks Judge Jeffery A. Deller of
the U.S. Bankruptcy Court, Western District of Pennsylvania to deny
the approval of the Disclosure Statement and asks for such other
and further relief as is just.

               About Innovative Construction

Innovative Construction, Inc., leases real property to Caravan II,
LLC, which operates a hotel and restaurant. It also owns sand and
gravel deposits.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Pa. Case No. 16-20088) on Jan. 12, 2016. The petition was signed
by Linda Menichino, president.

The Debtor is represented by Robert O. Lampl, Esq. The case is
assigned to Judge Jeffery A. Deller.

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


INT'L MANUFACTURING: Plan Outline Okayed, Plan Hearing on Dec. 28
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of California
will consider approval of the Chapter 11 plan of liquidation filed
by International Manufacturing Group, Inc.'s Chapter 11 trustee at
a hearing on December 28, at 10:00 a.m.

The court had earlier approved the trustee's disclosure statement,
allowing her to start soliciting votes from IMG creditors.  

The November 17 order set a December 19 deadline for creditors to
cast their votes and file their objections.

The plan calls for liquidation of the remaining assets of the
company.  The plan proposes that the liquidation and distribution
of the assets continue after it is confirmed by the bankruptcy
court.

The Beverly Group Inc., an asset management company partly owned by
the trustee, will automatically be appointed the plan administrator
on the effective date of the liquidating plan unless the court
changes the date of appointment.  

Under the plan, Class 12 general unsecured claims will be paid from
the company's assets to the extent net available cash exists after
the payment of or reserve for all senior claims, and from any
amount deposited into the so-called "common pool trust accounts."

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

               About International Manufacturing

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

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

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

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

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


JACK HARRY GRANT: Plan Confirmation Hearing on Jan. 6
-----------------------------------------------------
Judge Christopher M. Alston of the U.S. Bankruptcy Court for the
Western District of Washington, Seattle Division, approved Jack
Harry Grant's amended disclosure statement and accompanying amended
plan of reorganization.

Dec. 30, 2016 is fixed as the last day for filing written
acceptances or rejections of the Plan.  Dec. 30, 2016 is fixed as
the last day for filing and serving written objections to
confirmation of the Plan.

Jan. 6, 2017 is fixed for the hearing on confirmation of the Plan.

Jack Harry Grant filed a Chapter 11 petition (Bankr. W.D. Wash.
Case No. 16-13921) on July 28, 2016, and is represented by Masafumi
Iwama, Esq., at Iwama Law Firm.



JEFFREY L. MILLER: Hires Buddy Ford as Bankruptcy Counsel
---------------------------------------------------------
Jeffrey L. Miller Investments, Inc., seeks authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Buddy
D. Ford, P.A. as attorney to the Debtor.

Jeffrey L. Miller requires Ford to:

   a. analyze the financial situation, and render advice and
      assist to the Debtor in determining whether to file a
      petition under Title 11, U.S. Code;

   b. advise the Debtor with regard to the powers and duties of
      the Debtor and as Debtor-in-Possession in the continued
      operation of the business and management of the property of
      the esate;

   c. prepare and file the petition, schedules of assets and
      liabilities, statements of affairs, and other documents
      required by the Court;

   d. represent the Debtor at the Section 341 Creditors' meeting;

   e. give the Debtor legal advice with respect to its powers and
      duties as Debtor and as Debtor-in-Possession in the
      continued operation of its business and management of its
      property;

   f. advise the Debtor with respect to its responsibilities in
      complying with the U.S. Trustees Operating Guidelines and
      Reporting Requirements and with the rules of the court;

   g. prepare on behalf of the Debtor, necessary motions,
      pleadings, applications, answers, orders, complaints, and
      other legal papers and appear at hearings thereon;

   h. protect the interest of the Debtor in all matters pending
      before the Court;

   i. represent the Debtor in negotiation with its creditors in
      the preparation of Chapter 11 Plan; and

   j. perform all other legal services for the Debtor as Debtor-
      in-Possession which may be necessary herein, and it is
      necessary for Debtor as Debtor-in-Possession to employ this
      attorney for such professional services.

Ford will be paid at these hourly rates:

     Buddy D. Ford                 $425
     Senior Associate              $375
     Associate                     $300
     Senor Paralegal               $150
     Junior Paralegal              $100

Prior to the commencement of the bankruptcy case, Debtor paid Ford
an advance fee of $22,000.

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

Buddy D. Ford, member of Buddy D. Ford, 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.

Ford can be reached at:

     Buddy D. Ford, Esq.
     BUDDY D. FORD, P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Tel: (813) 877-4669
     Fax: (813) 877-5543
     E-mail: Buddy@tampaesq.com

                       About Jeffrey L. Miller Investments

Jeffrey L. Miller Investments, Inc., based in Tampa, FL, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 16-10036) on
November 23, 2016. Buddy D Ford, Esq., at Buddy D Ford, P.A., as
bankruptcy counsel.

In its petition, the Debtor estimated $6.54 million in assets and
$4.18 million in liabilities. The petition was signed by Jeffrey L.
Miller, president.



JENNIFER MARIE PRICE: Hearing on Disclosures Set For Dec. 19
------------------------------------------------------------
A hearing to consider the approval of Jennifer Price's second
amended disclosure statement referring to her plan of
reorganization will be held on Dec. 19, 2016, at 1:30 p.m.

Jennifer Marie Price filed for Chapter 11 bankruptcy protection
(Bankr. D. Idaho Case No. 16-00118) on Feb. 3, 2016.

The Debtor is represented by:

     Joseph M. Meier, Esq.
     COSHO HUMPHREY, LLP
     1501 S. Tyrell Lane
     BOISE, ID 83706
     P.O. Box 9518
     Boise, ID 83707-9518
     Tel: (208) 344-7811
     Fax: (208) 338-3290


JOSEPH HEATH: Sale of Alexandria Property for $601K Approved
------------------------------------------------------------
Judge of the U.S. Bankruptcy Court for the Eastern District of
Virginia authorized Joseph F. Heath to sell real property located
at 1905 Joliette Court, Alexandria, Fairfax County, Virginia, to
Kenneth and Michelle Mitchell for $601,000.

The Debtor is authorized and directed to distribute/pay the sale
proceeds as follows:

   a. Real estate commission not to exceed 6% of the sale price to
the Buyer's agent, Keller Williams, Capital Properties;

   b. Ordinary and necessary costs of closing, including
recordation fees;

   c. Any real property taxes owed to the County of Fairfax; and

   d. The secured claim of CitiBank.

The remaining proceeds of the sale, after payment of the above, are
free and clear of all liens and claims, but will remain subject to
the Federal Tax Liens of the IRS.

The surplus funds will be held by the settlement agent, ATG
Properties, pending further order of the Court.

The matter is continued to Jan. 17, 2017 at 11:00 a.m. for further
proceedings, including distributions of the surplus funds to the
United States.

                       About Joseph F. Heath

Joseph F. Heath sought Chapter 11 protection (Bankr. E.D. Va. Case
No. 07-14107) on Dec. 27, 2007.  The Debtor estimated assets in the
range of $0 to $50,000 and $100,001 to $500,000 in debt.  The
Debtor tapped Bennett A. Brown, Esq., at The Law Office of Bennett
A. Brown, as counsel.


KEY ENERGY: Court Confirms Prepackaged Ch. 11 Plan
--------------------------------------------------
Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the
District of Delaware on December 6, 2016, issued an order approving
the disclosure statement and confirming the joint prepackaged
Chapter 11 plan of reorganization of Key Energy Services, Inc., and
its debtor affiliates.

"The presentation of the consensual hearing is the result of an
enormous amount of efforts, and I commend the parties and express
my appreciation for that," Judge Shannon said at the December 6
hearing, Sarah Chaney of The Wall Street Journal Pro Bankruptcy
related.

Under the Joint Plan, Class 6 General Unsecured Claims are
unimpaired and will recover 100%.

Each Holder of an allowed General Unsecured Claim will receive one
of the following treatments (i) on account and in full
satisfaction
of its Allowed General Unsecured Claim (A) cash in the amount of
its Allowed General Unsecured Claim (1) on the Effective Date or
as
soon thereafter as is reasonably practicable (to the extent not
previously paid as authorized by the Court during the Chapter 11
Cases), or (2) on the date that the Allowed General Unsecured
Claim
becomes due and owing in the ordinary course of the Debtors'
business, if after the Effective Date, or (B) other less favorable
treatment as may be agreed upon by the holder thereof, the
applicable Debtor(s) and the required consenting noteholders, or
(ii) other treatment as may be required to allow the General
Unsecured Claim to be paid in the ordinary course of business
after
the Effective Date of the Chapter 11 cases.  

The Restructuring will, among other things, substantially
deleverage the Key Energy's balance sheet by (i) paying down the
term loan claims in part in cash and replacing the existing term
loan facility with a New term loan facility in the principal
amount
of $250 million and (ii) converting $675 million principal amount
of senior notes into 100% of the reorganized key common stock,
prior to dilution.  The Company also plans to enter into a new ABL
credit facility that will replace the existing ABL credit facility
and replace or backstop all existing undrawn letters of credit
issued.  The Company is planning to fund the restructuring in
large
part with $85 million in proceeds from a fully-backstopped primary
rights offering (and, potentially, up to $25 million in proceeds
from the fully-backstopped incremental liquidity rights offering)
being offered concurrently with the Solicitation to qualifying
holders of senior notes and qualifying holders of existing key
common stock.  The deleveraging under the restructuring will
reduce
the Company's total funded indebtedness (including interest) by
over 70% and will provide the Company with long-term financing and
access to capital upon emergence to enable the Company to support
its ongoing business needs upon the Debtors' emergence from the
Chapter 11 cases.

               Unpaid Wage Claimants Object to Plan

Unapid wage claimants Paul Grillo and Manuel Zaragoza objected to
the confirmation of the Plan, complaining that the pre-petition
"prepackaged" solicitation of ballots and the Debtors' conclusion
that the Plan has sufficient creditor support to be approved
insofar as the Plan appears to leave the Unpaid Wage Claimants at
risk of impairment, the Unpaid Wage Litigation is not properly
classified or otherwise provided for, and the consent of the Unpaid
Wage Claimants to the Plan was not solicited (and would have been
refused in the present state of unclarity as to their treatment).

According to the Unpaid Wage Claimants, Sections VII(A) and Section
VII(B) of the Plan provide a convoluted and unclear regime for the
lodging and administration of contingent claims, including a
provision that some, but perhaps not all, holders of claims should
not file claim forms, but no clear consequences for those who do
not file claims forms but allegedly should have done so.

The Unpaid Wage Claimants are representative plaintiffs in certain
California state law representative actions (including both class
and Private Attorneys General captioned Paul Grillo v. Key Energy
Services, LLC, et al. (Lead Case No. 14-cv-00881-AB-AGR,
consolidated with: Manuel Zaragoza v. Key Energy Services
California Inc., et al. Case No. 14 cv-03554-AB-AGR) demanding
remedies for Plaintiffs' certified class claims and claims under
the Private Attorneys General Act.

                Objections Resolved, Overruled

Key bankruptcy lawyer Jeff Bjork said the company faced 17
objections to its restructuring plan and resolved them all before
the December 6 hearing, the Journal related.

"By and large they were clarifying how claims and contracts would
be treated under the plan," Mr. Bjork, of Sidley Austin LLP, told
the Journal. "We did not receive a single note holder or equity
holder objection."

All objections to the Disclosure Statement and the Plan, including
the Backstop Agreement, other than those resolved on record,
withdrawn with prejudice, or those objections to the assumption or
rejection of executory contracts and unexpired leases or the
associated cure costs, are overruled.

The Order is without prejudice to any rights of the Texas
Comptroller of Public Accounts to funds which do not constitute
property of the estate, but which may qualify as "trust funds"
covered by the Texas Property Code.  Any Priority Tax Claim held by
the Texas Comptroller will be finally determined through an audit
under non-bankruptcy law and will be satisfied by the Reorganized
Debtors in equal monthly cash payments over a period not to exceed
five years after the Petition Date.

The Order does not impair the claims, liens or rights, if any, of
the Texas Taxing Entities.  Allowed Priority Tax Claims held by the
Taxing Authorities will be paid in equal monthly cash payments over
a period not to exceed five years after the Petition Date.

The Order does not alter the terms and conditions of the insurance
program with ACE American Insurance Company, except that on the
effective date, the Reorganized Debtors will be substituted for the
Debtors for purposes of responsibility for all of the obligations
under the insurance program.

As of the effective date, each surety bond and related general
agreement of indemnity issued by Lexon Insurance Company
immediately prior to the Petition Date will be deemed to be assumed
and each Debtor party will pay all premiums and obligations due.

Each of the Debtors' executory agreements with Chevron and Oracle
will be deemed assumed upon entry of the Confirmation Order with
the consent of Chevron.  COG Operating, LLC, is deemed to have
satisfied any requirement of filing a motion requesting the
preservation of any purported setoff and recoupment rights under
the Bankruptcy Code.

Paul Grillo and Manuel Zaragoza are represented by:

     Christopher M. Samis, Esq.
     L. Katherine Good, Esq.
     Chantelle D. McClamb, Esq.
     WHITEFORD, TAYLOR & PRESTON LLC
     The Renaissance Centre, Suite 500
     405 North King Street
     Wilmington, Delaware 19801
     Tel: (302) 353-4144
     E-mail: csamis@wtplaw.com
             kgood@wtplaw.com
             cmcclamb@wtplaw.com

          -- and --

     Arnab Banerjee, Esq.
     Brandon Brouillette, Esq.
     Ruhandy Glezakos, Esq.
     CAPSTONE LAW APC
     1875 Century Park East, Suite 1000
     Los Angeles, California 90067
     Tel: (310) 556-4811
     Fax: (310) 943-0396
     E-mail: Arnab.Banerjee@capstonelawyers.com
             Brandon.Brouillette@capstonelawyers.com
             Ruhandy.Glezakos@capstonelawyers.com

                        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, which currently has
approximately 2,900 employees, 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.

Key was organized in April 1977 and commenced operations in July
1978 under the name National Environmental Group, Inc.  In
December
1992, the Company's name was changed to "Key Energy Group,  nc."
and then was subsequently changed to "Key Energy Services, Inc."
in
December 1998.

The Debtors own approximately 880 rigs of various sizes,
approximately 2,500 trucks and similar vehicles, and thousands of
pieces of other equipment related to their businesses.  The
Debtors
also own more than 135 pieces of real estate, including, among
other things, various permitted disposal wells for disposal of
saltwater and other fluid byproducts.  In addition, the Debtors
own
certain patents and other intellectual property.

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
on Oct. 24, 2016 (Bankr. D. Del. Proposed Lead Case No. 16-12306).

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: Names Former Frank's Exec. as SVP & COO
---------------------------------------------------
The board of directors of Key Energy Services, Inc. approved the
appointment of David Brunnert to the position of the Company's
Senior Vice President and Chief Operating Officer effective as of
November 30, 2016.

Mr. Brunnert, 49, was previously employed by Frank's International
N.V. as its Sr. Vice President, Western Hemisphere from July 2015
to September 2016.  Frank's International N.V. is engaged in
tubular and oil and gas services worldwide.

Prior to that, he served as the Chief Operating Officer for Express
Energy Services from June 2013 to December 2014. Express Energy
Services is a oilfield services company specializing in well
construction and well testing services.

From May 2009 until May 2013, Mr. Brunnert served as the Vice
President-Drilling Tools and Intervention Services for Weatherford
International, an international oil and natural gas service
company.

Mr. Brunnert has no family relationships with any director,
executive officer or person nominated or chosen by the Company to
become a director or executive officer of the Company. Mr. Brunnert
is not a party to any transaction required to be disclosed pursuant
to Item 404(a) of Regulation S-K.

The Company provided Mr. Brunnert with an offer letter that set
forth his eligibility to receive a base salary of $350,000 per year
(pro-rated for the remainder of the 2016 year) and an annual cash
incentive bonus at a target amount up to eighty percent (80%) of
Mr. Brunnert's base salary. Mr. Brunnert will be eligible to
participate in the Company's Management Incentive Plan, which will
be implemented upon the Company's emergence from bankruptcy. The
Company will grant eligible MIP participant's a number of shares in
the newly emerged company based upon the enterprise value of the
newly emerged company. Mr. Brunnert will be eligible to participate
in the Company's standard benefits programs, including medical,
dental and vision insurance, the Company's equity compensation
plans and retirement plans.

The Company and Mr. Brunnert entered into a Change of Control
Agreement in connection with Mr. Brunnert's appointment. The
initial term of the COC Agreement is for the two year period
following the effective date, but it will be extended for
additional 12-month periods if the Company does not take any action
to modify, amend or terminate the agreement.

In the event that Mr. Brunnert incurs an Involuntary Termination
(defined below) within the one (1) year period following a Change
of Control (defined below), and Mr. Brunnert signs a separation and
release agreement in favor of the Company, he is eligible to
receive: (i) a cash severance amount equal to his annual base
salary; and (ii) if he timely elects coverage under the
Consolidated Omnibus Budget Reconciliation Act, the Company will
reimburse Mr. Brunnert for the difference between the COBRA premium
and the monthly active-employee premium rate for him and his
dependents for a period of 12 months.

An "Involuntary Termination" is defined within the COC Agreement as
a termination by the Company without Cause, or a termination by Mr.
Brunnert due to a Change in Circumstances. "Cause" is generally
defined as the gross negligence in the performance of Mr.
Brunnert's duties; (ii) willful and continued failure to perform
his duties; or (iii) willful engagement in conduct which is
materially injurious to the Company or its subsidiaries. A "Change
in Circumstances" is generally defined as a material diminution in
Mr. Brunnert's base compensation or his duties or responsibilities,
a required relocation of more than fifty (50) miles from his
original location, or any other action by the Company that
constitutes a material breach of the COC Agreement.

A "Change of Control" will occur for purposes of the COC Agreement
upon the consummation of a merger, consolidation, statutory share
exchange or similar form of corporate transaction or event
involving the Company, which results in any party (other than
Platinum Equity and its affiliates) owning more than 50% of the
combined voting power of the Company or the surviving company of
the transaction, or if applicable, the ultimate parent company that
directly or indirectly has beneficial ownership of at least 95% of
the Company's or the surviving company's voting securities; or the
Company's stockholders approve a plan of complete dissolution or
liquidation of the Company. The definition of a Change of Control
shall generally exclude any Chapter 11 proceeding except as
otherwise approved in the Company's reorganization plan.

A copy of the COC Agreement is available at https://is.gd/iZZmLh

                        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%.


KIDS FIRST: Hires Brian L. Davies as Chapter 11 Counsel
-------------------------------------------------------
Kids First Enrichment Center, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Tennessee to employ
Brian L, Davies, Esq., as counsel to Debtor.

The Debtor requires Brian L. Davies to:

     a. advise the Debtor with respect to its powers and duties as
Debtor in Possession;

     b. assist the Debtor in the preparation of its statement of
financial affairs, schedules, statement of executor contracts and
unexpired leases and any other papers or pleadings, and any
amendments thereto that the Debtor is required to file in this
case;

      c. represent the Debtor in any proceeding that is initiated
to reclaim property or obtain relief from automatic stay imposed by
Section 362 of the Bankruptcy Code or that seeks the turnover or
recovery of property;

      d. provide assistance and representation concerning the
formulation, negotiation and confirmation of a Plan of
Reorganization (and accompanying ancillary documents).

      e. provide assistance, advice and representation concerning
any investigation of the assets, liabilities and financial
condition of the Debtor that may be required;

      f. represent the Debtor at hearings or matters pertaining to
affairs as debtor in possession;

      g. prosecute and defend litigation matters and such other
matters that might arise during and related to this Chapter 11
case;

      h. provide counseling and representation with respect to the
assumption or rejection of executory contracts and leases other
than bankruptcy-related matters arising from these cases other than
as set forth below;

      i. represent the Debtor in matters that may arise in
connection with its business operations, its financial and legal
affairs, its dealings with creditors and other parties in interest
and any other matters which may arise during the bankruptcy case;

      j. render advice with respect to the myriad of general
corporate and litigation issues relating to this case including but
not limited to health care real estate securities corporate finance
tax and commercial matters and assisting the Debtor in connection
with any necessary applications, orders, reports, and other legal
papers and to appear on behalf of the Debtor in proceedings
instituted by or against  the Debtor; and

      k. perform  other legal services as may be necessary and
appropriate for the efficient and economical administration of this
Chapter 11 case.
  
Brain L. Davis will be paid at $250.00 per hour:

Brain L. Davis will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Brain L. Davis, Esq., 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.

Brain L. Davis may be reached at

      Brian L. Davis, Esq,
      Kids First Enrichment Center, LLC
      254 Court Avenue Suite 300
      Memphis, TN 38103
      Telephone: (662) 393-8542
      Telefacsimile: (901) 523-2487  
      E-mail: davislaw@davislawfirmpc.com

                  About Kids First Enrichment Center, LLC


Kids First Enrichment Center, LLC filed a Chapter 11 bankruptcy
petition (Bankr. W.D. TN. Case No. 16-28149) on September 6, 2016.
Hon. Hon. David S. Kennedy presides over the case. The Davis Law
Firm, PLLC represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Harry L.
Smith, member.


L & R DEVELOPMENT: Hires Inmuebles Bienes as Realtor
----------------------------------------------------
L & R Development & Investment Corporation, seeks authority from
the U.S. Bankruptcy Court for the District of Puerto Rico to employ
Inmuebles Bienes Raices, LLC as realtor to the Debtor.

L & R Development requires Inmuebles Bienes to market and sell the
Debtor's real properties, known as:

   a. Lots of land in Urban Praderas, Hatillo
     -- Segregated lots of land 8 and 9
     -- Lots of land 2, 7, 8, 9 and 8A
     -- Lots of land 3, 4, 5, 6, 7, 8 and 11

   b. Properties located at Catano
     -- 1,322 square meters
     -- 187 square meters
     -- Lot of land and structure

   c. Property located at Bo. Puente, Camuy with 6,399 square
      meters

   d. Apartment No. 380 in Chalets de la Playa, Vega Baja

Inmuebles Bienes will be paid 3% of the value of the property
sold.

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

Saenid Lopez, member of Inmuebles Bienes Raices, 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.

Inmuebles Bienes can be reached at:

     Saenid Lopez
     INMUEBLES BIENES RAICES, LLC
     Carr. No. 2, Km. 85.9, Bo. Carrizales
     Hatillo, PR 00659
     Tel: (787) 638-5183

                      About L&R Development

L&R Development & Investment Corp. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. P.R. Case No. 16-08792) on
November 1, 2016.  The petition was signed by Joaquin Lopez,
president.

The case is assigned to Judge Brian K. Tester.

At the time of the filing, the Debtor disclosed $3.05 million in
assets and $5.56 million in liabilities.



LA PALOMA: Case Summary & 30 Largest Unsecured Creditors
--------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

     Debtor                                         Case No.
     ------                                         --------
     La Paloma Generating Company, LLC              16-12700
     1700 Pennsylvania Avenue, NW, Suite 800
     Washington, DC 20006

     La Paloma Acquisition Co, LLC                  16-12701

     CEP La Paloma Operating Company, LLC           16-12702

Type of Business: Merchant Power Generator

Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge: Hon. Christopher S. Sontchi

Debtors'
General
Counsel:          John J. Rapisardi, Esq.
                  George A. Davis, Esq.
                  O'MELVENY & MYERS LLP
                  Times Square Tower
                  Seven Times Square
                  New York, NY 10036
                  Tel: (212) 326-2000
                  Tel: (212) 326-2061
                  E-mail: jrapisardi@omm.com
                         gdavis@omm.com

Debtors' Local
Counsel:          Mark D. Collins, Esq.
                  RICHARDS, LAYTON & FINGER, P.A.
                  One Rodney Square
                  920 North King Street
                  Wilmington, DE 19801
                  Tel: 302 651-7700
                  Fax: 302-651-7701
                  E-mail: collins@RLF.com

                    - and -

                  Andrew Dean, Esq.
                  RICHARDS, LAYTON & FINGER, P.A.
                  One Rodney Square
                  920 North King Street
                  Wilmington, DE 19801
                  Tel: 302-651-7569
                  Fax: 302-651-7701
                  E-mail: dean@rlf.com

                    - and -

                  Jason M. Madron, Esq.
                  RICHARDS, LAYTON & FINGER, P.A.
                  One Rodney Square
                  P.O. Box 551
                  Wilmington, DE 19899
                  Tel: 302-651-7595
                  Fax: 302-651-7701
                  E-mail: madron@rlf.com

Debtors'          
Conflicts
Counsel:          CURTIS, MALLET-PREVOST, COLT & MOSLE LLP

Debtors'          
Financial
Advisor &
Investment
Banker:           JEFFERIES LLC

Debtors'          
Claims/Noticing
Agent:            EPIQ BANKRUPTCY SOLUTIONS

Estimated Assets: $100 million to $500 million

Estimated Debts: $500 million to $1 billion

The petitions were signed by Niranjan Ravindran, authorized
person.

Debtor's List of 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Bank of America, N.A.                 Bank Loan                -
101 N. Tryon Street
Charlotte, NC 28255
Attn: Johnathon T. Clarke
Fax: (704) 719-8839
Email: johnathon.clark@baml.com

SunTrust Bank                         Bank Loan                -
303 Peachtree Street, N.E.,
25th Floor
Atlanta, Georgia 30308
Attn: Doug Weltz
Fax: (404) 221-2001
Email: Agency.Services@SunTrust.com

Bank of America, N.A.                 Bank Loan                -
101 N. Tryon Street
Charlotte, NC 28255
Attn: Johnathon T. Clarke
Fax: (704) 719-8839
Email: johnathon.clark@baml.com

Alstom Power Inc.                     Trade Debt      $1,898,857
2800 Waterford Lake Drive
Midlothian, VA 23112
Attn: Mickey Kirby
Fax: 804-763-2193
Email: Mickey.kirby@ge.com

West Kern Water District              Trade Debt       $1,084,590
800 Kern Street
Taft, CA 93268
Attn: Harry Starkey
Fax: 661-765-4271
Email: Harry@WKWD.org

Kern County Tax Collector                Taxes           $933,838
1115 Truxton Avenue, 2nd Fl.
Bakersfield, CA 93302-0580
Fax: 661-868-3409
Email: 2ServU@Co.Kern.CA.US

NAES Corporation                        Trade Debt       $684,208
1180 NW Maple Street, Suite 200
Issaquah, WA 98027
Attn: Nausher Khan
Fax: 425-961-4646

State of California Air Resources       Regulatory       $557,748
Board
PO Box 1436
Sacramento, CA 95812-1436

Afco Credit Corp.                        Services        $228,920
5600 North River Road
Suite 400
Rosemont, IL 60018-5187

Bracewell & Giuliani                     Services        $131,198
711 Louisiana Street, Ste 2300
Houston, Texas 77002-2770
Attn: Ryan Holcomb
Fax: 800-404-3970

Advanced Filtration Concepts            Trade Debt       $102,320
P.O. Box 80759
Rancho Santa Margarita, CA
92688

Ashland/Drew Industrial                 Trade Debt        $82,404

Argo Chemicals Products                 Trade Debt        $57,409

Greenberg Traurig, LLP                   Services         $44,110

Energy Management Solutions             Trade Debt        $43,032

Caltrol, Inc.                           Trade Debt        $42,225

Ionics Ultrapure Water Corp.            Trade Debt        $41,079

Power Scaffold Services                 Trade Debt        $39,223

Delta Testing Services, Inc.             Services         $33,427

Pacific Gas & Electric Company          Trade Debt        $31,024

Pro Safety & Rescure, Inc.              Trade Debt        $27,060

BMI Mechanical, Inc.                    Trade Debt        $22,072

Naftex Arm LLC                          Trade Debt        $21,898

St. Power Services Consultants, LLC      Services         $20,806

Wesco Distribution, Inc.                 Services         $19,606

Precision Pump & Machine                Trade Debt        $19,128

AEC Powerflow, LLC                      Trade Debt        $18,541

Airgas West                             Trade Debt        $14,833

Precision Air Systems, Inc.             Trade Debt        $13,491

Paul Hastings LLP                        Services         $12,910


LADERA PARENT: Case Summary & Unsecured Creditors
-------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

    Debtor                                          Case No.
    ------                                          --------
    Ladera Parent LLC                               16-13382
    c/o RGS Holdings, LLC
    265 West 122nd Street, Unit C
    New York, NY 10027

    Ladera, LLC                                   16-13383
    c/o RGS Holdings, LLC
    265 West 122nd Street, Unit C
    New York, NY 10027

Type of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 4, 2016

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

Debtors' Counsel: Arnold Mitchell Greene, Esq.
                  ROBINSON BROG LEINWAND GREENE
                  GENOVESE & GLUCK, P.C.
                  875 Third Avenue, 9th Floor
                  New York, NY 10022
                  Tel: (212) 603-6300
                  Fax: (212) 956-2164
                  E-mail: amg@robinsonbrog.com

Debtors'          
Special
Real Estate
& Corporate
Counsel:          PHILLIPS NIZER LLP

Debtors'          
Special
Counsel:          MORRIS NICHOLS ASHT & TUNNELL

                                           Estimated   Estimated
                                            Assets    Liabilities
                                           ---------  -----------
Ladera Parent                                 $21M      $21.02M
Ladera, LLC                                   $75M      $45.75M

The petition was signed by Hans Futterman, manager.

A. Ladera Parent's Unsecured Creditor:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Phillips Nizer LLP                     Services          $25,000
                                       Rendered

B. Ladera, LLC's List of Seven Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Maurice Mann Mann Realty                               $1,471,500
Associates
336 West 37th Street-Suite 2
New York, NY 10018

NYC Dept. of Finance                                     $100,000

Philipps Nizer LLP                     Services          $615,725
666 Fifth Avenue                       Rendered
New York, NY
10103-0084

Platt Byard Dovell and White           Services          $275,000
Architects LLP                         Rendered
49 West 37th Street
New York, NY 10018

Russo Development Enterprises                             $675,000
275 Henry Street
Inwood, NY 11096

Vibranalysis, Inc.                                        $100,000

WJE Engineering & Architects                               $20,000


LIMITLESS MOBILE: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Limitless Mobile, LLC
        2574 Interstate Drive
        Harrisburg, PA 17110

Case No.: 16-12685

Type of Business: Provider of wireless telecommunications services

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtor's Counsel: Jesse N. Silverman, Esq.
                  DILWORTH PAXSON LLP
                  1500 Market Street, Suite 3500E
                  Philadelphia, PA 19102
                  Tel: 215-575-7284
                  Fax: 215-575-7200
                  E-mail: jsilverman@dilworthlaw.com

                    - and -

                  Martin J. Weis, Esq.
                  DILWORTH PAXSON, LLP
                  3200 Mellon Bank Center
                  1735 Market Street
                  Philadelphia, PA 19103
                  Tel: 215-575-7000
                  Fax: 215-575-7200
                  E-mail: mweis@dilworthlaw.com

Debtor's          
Claims &
Noticing
Agent:            RUST CONSULTING/OMNI BANKRUPTCY

Estimated Assets: $10 million to $50 million

Estimated Debts: $50 million to $100 million

The petition was signed by Amir Rajwany, chief operating officer.

Debtor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
T-Mobile                                                $377,745
c/o US Bank
PO Box 94503
Seattle, WA 98124

Cerillion Technologies, LTD                              $356,825
125 Shaftesbury Avenue
London, WC28 8AD
Tel: +44 (0) 20 7927 6000
Email: info@cerillion.com

Comcast Business                                         $288,157
PO Box 37601
Philadelphia, PA 19101-0601
Tel: (800) 741-4141

MNM Wireless LLC                                         $240,548
Website: www.mnmwireless.com

American Tower Systems                                   $229,861
Email: Customer.relations@americantowe
r.com

Crown Castle MU, LLC                                     $196,970

Verizon Wireless Services, Inc.                          $171,821

Syniverse Technologies, Inc.                             $159,326
Website: www.syniverse.com

Weaver Construction LLC                                  $100,540
Website: www.weaver-llc.com

Mastec Network Solutions                                  $88,766
Website: www.mastecnetworksolutions.com

Crown Castle USA, Inc.                                    $81,061

Interop Technologies                                      $80,205
Website: www.interoptechnologies.com

SBA Towers II, LLC                                        $76,845

Verizon                                                   $75,626

Telsasoft                                                 $73,021
Email: support@telsasoft.com

West/Formerly Intrado                                     $71,531
Email: Safetysvcs_billing@intrado.com

Vertex Wireless, LLC                                      $64,250
Website: www.vertexwireless.com

Bennet & Bennet PLLC                                      $59,122
Email: info@bennetlaw.com

Telispire                                                 $56,772
Email: accounting@telispire.com

Jordan Realty Group Inc.                                  $56,562


LIMITLESS MOBILE: Files Chapter 11 Bankruptcy Petition
------------------------------------------------------
Limitless Mobile, LLC, a Pennsylvania-based phone and internet
provider, has sought bankruptcy protection (Bankr. D. Del. Case No.
16-12685), citing "excessive debt burden" of up to $100 million
against assets in the range of $10 million to $50 million.  

The Company said that due to its burgeoning debt, it could not
attract additional cash infusions to sustain its current business
model.

As of the Petition Date, the Debtor owed the United States of
America, acting through the Administrator of the Rural Utilities
Service, $9,219,000 and Tower Bridge LLM Partners, LLC
approximately $8,900,000, as disclosed in court documents.
Proceeds of the loans, together with cash infusions from its parent
Mobile Holdings, LLC, were used to build out telecom infrastructure
and provide wireless broadband access to the rural communities.

According to the Debtor, the continued, increased costs and delays
in the network build-out negatively affected its profitability.
Thus, the Debtor has determined to reorganize by reducing and
restructuring its debt, scaling back its retail efforts, and
focusing its attention on its wholesale business.

The Debtor intends to wind down a significant portion of its retail
business thereby reducing its retail-side workforce by half.  It
also intends to effectuate an orderly transition of existing
customers to other carriers that can provide service of the quality
that Limitless currently provides.

Tower Bridge, the Debtor's prepetition lender, has agreed to
provide up to $4 million debtor-in-possession financing, to fund
the Debtor's ongoing wholesale business operations, subject to the
bankruptcy court's approval.

To enable the Debtor to operate in Chapter 11 with minimal
disruption, the Debtor has filed various first day motions motions
seeking permission to, among other things, pay prepetition taxes,
prohibit utility companies from discontinuing services, pay
employee obligations, use existing cash management system and
utilize cash collateral of existing secured lenders.

A successor to Keystone Wireless, LLC, Limitless was formed in 2013
with a mission to construct a broadband network and provide
wireless telecommunications services to nine rural and underserved
counties of Central Pennsylvania.  Limitless Mobile Holdings, LLC,
is the 100% owner of the Debtor.

Limitless claims to have built a $40 million state-of-the-art 3G/4G
LTE network that has increased access to reliable, high quality
mobile phone and home internet services in rural areas and is
currently providing service to approximately 3500 retail customers.


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

Dilworth Paxson LLP serves as the Debtor's counsel.  Rust
Consulting/Omni Bankruptcy is the Debtor's claims and noticing
agent.


LIVE OAK: Hires Norred Law as Counsel
-------------------------------------
Live Oak Lounge, LLC, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Norred Law,
PLLC, as counsel to the Debtor.

Live Oak requires Norred Law to:

   a. advise and consult with the Debtor concerning (i) legal
      questions arising in administering and reorganizing the
      Debtor's estate, and (ii) the Debtor's rights
      and remedies in connection with the estate's assets and
      creditors' claims;

   b. provide legal services to the Debtor relating to the sale
      of assets outside the ordinary course of business, if
      necessary;

   c. assist the Debtor in confirmation and execution of the
      Plan;

   d. assist the Debtor in preserving and protecting property of
      the Debtor's estate, including negotiation of cash
      collateral agreements, the defense of motions for relief
      from the automatic stay, and the prosecution of litigation,
      if any;

   e. investigate and prosecute preference, fraudulent transfer
      and other actions arising under the Debtor's avoidance
      powers and causes of action arising under state law (unless
      special counsel is determined to be better qualified to do
      so);

   f. prepare any pleadings, motions, answers, notices, orders
      and reports that are required for the orderly
      administration of the Debtor's estates;

   g. perform all other legal services for the Debtor that are
      necessary and appropriate to faithfully discharge his
      duties as Debtor in this case.

Norred Law will be paid at these hourly rates:

     Warren V. Norred          $350
     C. Chad Lampe             $275
     Paralegal                 $120

Norred Law will be paid a retainer in the amount of $15,000.

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

Warren V. Norred, member of Norred Law, 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.

Norred Law can be reached at:

     Warren V. Norred, Esq.
     NORRED LAW, PLLC
     200 E. Abram, Suite 300
     Arlington, TX 76010
     Tel: (817) 704-3984
     Fax: (817) 524-6686
     E-mail: wnorred@norredlaw.com

                   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.



LODGE HOLDINGS: Wash. DOR Seeks Dismissal, Ch. 11 Trustee
---------------------------------------------------------
The State of Washington, Departments of Revenue, Labor & Industries
and Employment Security, ask the U.S. Bankruptcy Court for the
Western District of Washington to enter an order dismissing the
Chapter 11 case of Lodge Holdings Company or appointing a Chapter
11 Trustee for the Debtor.

The State asserts that grounds for the Chapter 11 Trustee
appointment or dismissal of the case include:

     (a) the prior bankruptcies involving the principals of the
Debtor and the current bankruptcy counsel;

     (b) the tax abuse in the current bankruptcy case;

     (c) the burning through prior capital and/or borrowings;

     (d) the unexplained conduct with creation of a corporate shell
just prior to the filing;

     (e) the usage of other people's money; and,

     (f) the absence of a feasible plan.

               About Lodge Holdings Company

Lodge Holdings Company, dba Downtown Lodge LLC, dba Kirkland Lodge
LLC, dba Greenwood Lodge LLC, dba Stadium Lodge LLC, dba Mill Creek
Lodge LLC, dba Mukilteo Lodge LLC, dba Charlie's on Broadway LLC,
dba Sammamish Lodge LLC, dba West Seattle Lodge LLC, dba Renton
Lodge LLC filed a Chapter 11 petition (Bankr. W.D. Wash. Case No.:
16-15814) on November 18, 2016, and is represented by Larry B.
Feinstein, Esq., in Seattle, Washington.

At the time of filing, the Debtor had $1.06 million in total assets
and $5.73 million in total liabilities.

The petition was signed by Shawn Roten, president.


LOUIS SOLOMON WELTMAN: Plan Confirmation Hearing on Jan. 12
-----------------------------------------------------------
The Hon. Karen K. Specie of the U.S. Bankruptcy Court for the
Northern District of Florida has conditionally approved Louis
Solomon Weltman's amended disclosure statement filed on Sept. 2,
2016, referring to the Debtor's amended plan of reorganization.

A confirmation hearing will be held on Jan. 12, 2017, at 1:30 p.m.,
Eastern Time.  

Jan. 5, 2017, is fixed as the last day for filing and serving
written objections to the Amended Disclosure Statement, and is
fixed as the last day for filing acceptances or rejections of the
Amended Plan.

Objections to confirmation MUST be filed and served seven days
before the Confirmation Hearing.

On or before Dec. 13, 2016, the Plan, the Amended Disclosure
Statement, ballot for accepting or rejecting the Amended Plan, and
the court order conditionally approving the Amended 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 Sept. 27, 2016, the
Debtor filed with the Court the First Amended Disclosure Statement
for the Plan dated Sept. 2, 2016, which proposes that Class 5
General Unsecured Claims is impaired.  The aggregate amount of the
scheduled Class 5 claims is $30,179,252.50.

Louis Solomon Weltman filed a Chapter 11 petition (Bankr. N.D.
Fla. Case No. 14-40331).


LUCKY # 5409: Court Extends Plan Filing Period to May 8
-------------------------------------------------------
Judge Pamela S. Hollis of the U.S. Bankruptcy Court for the
Northern District of Illinois extended Lucky # 5409, Inc., et al.'s
exclusive periods to file and confirm chapter 11 plans of
reorganization to May 8, 2017 and July 6, 2017, respectively.

The Debtors previously sought the extension of their exclusive
periods, telling the Court that they required a further extension
of the exclusive periods to file and confirm a Chapter 11 plan to
allow for the resolution of their litigation with IHOP Restaurants
LLC in the adversary proceeding.  The Debtors further told the
Court that the outcome of the adversary case would directly affect
the substance of the Debtor's Chapter 11 plan.  The Debtors added
that the adversary case would determine whether the Debtors will be
able to continue operating the International House of Pancakes
restaurant, located at 7240 W. 79th Street, Bridgeview, Illinois,
also known as the Bridgeview IHOP, as debtors in possession; sell
Bridgeview IHOP for its fair market value of more than $1,000,000;
or whether they will be forced to sell the franchise to IHOP
Restaurants LLC for well-below fair market value.  The Debtors
asserted that they need additional time to file and confirm a
Chapter 11 plan until the adversary case is resolved.

                    About Lucky # 5409, Inc.

Lucky # 5409, Inc. and Azhar Chaudhry sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
16-16264 and 16-16273) on May 13, 2016.  The cases are jointly
administered under Case No. 16-16264. The petitions were signed by
Azhar M. Chaudhry, president.

The Debtors are represented by Kevin H. Morse, Esq., at Arnstein &
Lehr LLP. The Debtors estimated assets at $500,001 to $1 million
and liabilities at $100,001 to $500,000 at the time of the filing.


M.A. GONZALEZ: Hires Gerdes Law as Attorney
-------------------------------------------
M.A. Gonzalez Properties, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to employ
Gerdes Law Firm, LLC as attorney to the Debtor.

M.A. Gonzalez requires Gerdes Law to:

   (a) give the Debtor legal advice with respect to its power as
       debtor-in-possession in the continued operation of its
       business and management of its property;

   (b) assist the Debtor in the disposition, through this
       proceeding, of assets which it no longer needs in the
       operation of its business;

   (c) prepare on behalf of the Debtor as debtor-in-possession,
       Necessary applications, answers, orders, cover reports,
       Chapter 11 Plan, Liquidation Analysis, assist with monthly
       reports, feasibility projections, and other documents; and

   (d) perform all other legal services for the Debtor, as
       debtor-in-possession, which may be necessary herein.

Gerdes Law will be paid at these hourly rates:

     Markus E. Gerdes              $200
     Paralegal                     $80

Gerdes Law will be paid a retainer in the amount of $6,000.

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

Markus E. Gerdes, member of Gerdes 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 Debtor and its estates.

Gerdes Law can be reached at:

     Markus E. Gerdes, Esq.
     GERDES LAW FIRM, LLC
     106 North Cypress Street
     Hammond, LO 70404
     Tel: (985) 345-9404

                     About M. A. Gonzalez Properties

M. A. Gonzalez Properties, LLC., based in Metairie, LA, filed a
Chapter 11 petition (Bankr. E.D. La. Case No. 16-12851) on November
21, 2016. Hon. Elizabeth W. Magner presides over the case. Markus
E. Gerdes, Esq., at Gerdes Law Firm, L.L.C., as bankruptcy
counsel.

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



MHM HOLDINGS: Hires Statman Harris as Bankruptcy Counsel
--------------------------------------------------------
MHM Holdings, LLC, seeks authority from the U.S. Bankruptcy Court
for the Southern District of Ohio to employ Statman Harris & Eyrich
LLC as bankruptcy counsel to the Debtor.

MHM Holdings requires Statman Harris to:

   (a) advise the Debtor with respect to their rights, powers,
       and duties in this case;

   (b) advise and assist the Debtor in the preparation of their
       petition, schedules, and statement of financial affairs;

   (c) assist and advise the Debtor in connection with the
       administration of the case;

   (d) analyze the claims of the creditors in the case, and
       negotiate with such creditors;

   (e) investigate the acts, conduct, assets, rights,
       liabilities, and financial condition of the Debtor;

   (f) advise and negotiate with respect to the sale of any or
       all assets of the Debtor;

   (g) investigate, file, and prosecute litigation of behalf of
       the Debtor;

   (h) propose a plan of reorganization;

   (i) appear and represent the Debtor at hearings, conferences,
       and other proceedings;

   (j) prepare and review motions, applications, orders, and
       other pleadings filed with the Court;

   (k) institute or continue any appropriate proceedings to
       recover assets of the estate; and

   (l) perform any and all other legal services as may be
       required that are in the best interest of the estate or
       its creditors.

Statman Harris will be paid at these hourly rates:

     Partners               $225-$500
     Associates             $150-$395
     Paraprofessionals      $80-$110

Statman Harris will be paid a retainer in the amount of $15,000.

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

Alan J. Statman, member of Statman Harris & Eyrich 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.

Statman Harris can be reached at:

     Alan J. Statman, Esq.
     STATMAN HARRIS & EYRICH LLC
     3700 Carew Tower, 441 Vine Street
     Cincinnati, OH 45202
     Tel: (513) 621-2666
     Fax: (513) 621-4896
     E-mail: ajstatman@statmanharris.com

                     About MHM Holdings

MHM Holdings, LLC, based in Cincinnati, OH, filed a Chapter 11
petition (Bankr. S.D. Ohio Case No. November 29, 2016) on 16-14442.
Hon. Jeffery P. Hopkins presides over the case. William B Fecher,
Esq., at Statman Harris & Eyrich, LLC, as bankruptcy counsel.

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



MILESTONE SCIENTIFIC: Gian Trombetta Remains as Unit CEO
--------------------------------------------------------
Wand Dental Inc., a wholly-owned subsidiary of Milestone Scientific
Inc., and Gian Domenico Trombetta entered into an Amended and
Restated Employment Agreement, pursuant to which Mr. Trombetta will
continue to serve as the chief executive officer of Wand Dental for
a period of one-year beginning on Sept. 1, 2016, through Aug. 31,
2017.

The Employment Term automatically renews for a one-year period,
from September 1st through August 31st of each successive year,
unless prior to June 1st of the Employment Term or any Renewal
Term, as applicable, either party notifies the other that he or it
chooses not to extend the term of employment in accordance with the
terms of the Agreement.

Under the Agreement, Mr. Trombetta receives base compensation of
$280,000 per year and is eligible to receive annual bonuses in the
sole discretion of the Compensation Committee of the Company's
board of directors.

                  About Milestone Scientific

Livingston, N.J.-based Milestone Scientific Inc. is engaged in
pioneering proprietary, innovative, computer-controlled injection
technologies and solutions for the medical and dental markets.

Milestone Scientific reported a net loss attributable to the
Company of $5.46 million on $9.49 million of net product sales for
the year ended Dec. 31, 2015, compared to a net loss attributable
to the Company of $1.70 million on $10.33 million of net product
sales for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, the Company had $11.61 million in total
assets, $4.39 million in total liabilities, all current, and $7.22
million in total equity.


MILLENIUM LAB: Trustee May Take Discovery on Financial Collapse
---------------------------------------------------------------
Judge Laurie Selber Silverstein of the United States Bankruptcy
Court for the District of Delaware granted in part and denied, in
part, the motion filed by Marc S. Kirschner, as trustee of two
trusts created pursuant to Millenium Lab Holdings II, LLC, et al.'s
plan of reorganization, seeking authority under Federal Rule of
Bankruptcy Procedure 2004 to take discovery from certain third
parties regarding the cause of the debtors' financial collapse.

In April 2014, the debtors borrowed approximately $1.8 billion
pursuant to a certain senior secured term loan agreement (the "2014
Credit Agreement").  On November 10, 2015, the Debtors filed
petitions for chapter 11 relief together with their Prepackaged
Joint Chapter 11 Plan of Reorganization of Millenium Lab Holdings
II, LLC.  The plan was confirmed on December 14, 2015.

The debtors' plan provided for the creation of two trusts: the
Millenium Corporate Claim Trust (the "Corporate Trust") and the
Millenium Lender Claim Trust (the "Lender Trust").  The Corporate
Trust holds the debtors' retained claims, and the Lender Trust
holds claims contributed by the consenting lenders.  All holders of
claims arising under or relating to the debtors' 2014 Credit
Agreement are the beneficiaries of the corporate trust, while the
consenting lenders are the beneficiaries of the Lender Trust.  The
plan provided funding for both trusts.  Kirschner was appointed as
the trustee of both trusts on December 21, 2015.

On April 6, 2016, Kirschner filed the Rule 2004 Motion seeking
authority to examine certain third parties on behalf of both the
Corporate Trust and the Lender Trust.  Kirschner sought to
investigate claims the Trusts may have against the third parties
related to the debtors' financial collapse.  In particular,
Kirschner sought to investigate:

     (1) the banks that served as arrangers and/or administrative
         agents under the 2014 Credit Agreement (i.e. J.P. Morgan
         Chase Bank, N.A.; J.P. Morgan Securities LLC; Citibank
         Global Markets Inc., BMO Capital Markets Corp.; Bank of
         Montreal; and SunTrust Bank)

     (2) Simpson Thatcher & Bartlett LLP, the law firm that
         represented J.P. Morgan Chase Bank, N.A. (the
         administrative agent under the 2014 Credit Agreement)
         and J.P. Morgan Securities LLC (the joint lead arranger
         and joint bookrunner under the 2014 Credit Agreement) in
         connection with the 2014 Credit Agreement; and

     (3) KPMG, the debtors' historical accounting firm

(collectively, the "Objectors").

On April 22, 2016, the Objectors filed their objections to the Rule
2014 Motion, generally asserting that:

     (1) the Court lacks subject matter jurisdiction over the    
         post-confirmation Rule 2004 Motion and

     (2) the information requested in the Rule 2004 Motion either
         falls outside the scope of Rule 2004 or is overly broad.

Separately, KPMG argued that discovery disputes between KPMG and
the debtors are governed by the arbitration clause contained in the
prepetition engagement between KPMG and the debtors dated July 10,
2015.

Judge Silverstein disagreed with the Objectors' argument that the
Court does not have bankruptcy court jurisdiction over the matter
because the Rule 2004 Motion does not have the mandated close nexus
to the bankruptcy plan or proceeding.  The judge explained that
Rule 2004, by its nature, and not the particular factual
circumstance, could arise only in the context of a bankruptcy case.
As such, the judge held that Rule 2004 "arises in" Title 11 of the
Bankruptcy Code, and the Court has subject matter jurisdiction to
adjudicate the dispute.  The judge also added that the fact that
the Rule 2004 Motion was filed post-confirmation does not alter
this conclusion.

Judge Silverstein also disagreed with the Objectors' argument that,
in order to determine whether it has subject matter jurisdiction,
the Court must speculate over possible causes of action that may be
pursued after the investigation is complete.  The judge held that
when evaluating jurisdiction, the Court will look at the motion in
front of it -- the Rule 2004 Motion -- and not a future lawsuit
that the Trustee may file.

The Objectors' final challenge to subject matter jurisdiction, that
the plan does not contain the requisite reservation of jurisdiction
language to provide the Court with jurisdiction over the Motion,
also failed.  Judge Silverstein explained that when the court's
jurisdiction 'arises in' title 11, the cause of action has an
"intimate connection to the bankruptcy proceedings" and therefore
there is less of a risk of "unending jurisdiction."

Judge Silverstein thus concluded that the Court has subject matter
jurisdiction over the Rule 2004 Motion.

Kirschner sought to conduct an investigation on behalf of the
Corporate Trust in order to explore prepetition causes of action
the debtors may have against certain third parties.  In particular,
Kirschner stated that he seeks document production bearing upon the
debtors' financial collapse and chapter 11 filing.

The Objectors argued that Kirschner has failed to demonstrate the
requisite good cause to warrant the requested Rule 2004
examinations, or that, at the very least, the discovery requests
promulgated by the Trustee are overly burdensome and should be
narrowed.

Judge Silverstein found that Kirschner has demonstrated good cause
warranting granting of the Trustee's Rule 2004 Motion on behalf of
the Corporate Trust.  The judge found that the fact that Kirschner
already has access to certain documents and information of the
debtors does not detract from the Kirschner's testimony that the
documents already in his purview are not sufficient to determine
the scope of the Trustee's viable claims.

Judge Silverstein, however, found that Kirschner's request to use
Rule 2004 to investigate claims held by the Lender Trust is not
within the scope or purpose of Rule 2004 because, although the
Lender Trust was established pursuant to the plan, it is not
comprised of debtor claims.  The judge explained that an
investigation into the existence of the consenting lenders' claims
against non-debtor third parteis does not fall within the scope or
purpose of Rule 2004 as it is not an investigation into the
"property or to the liabilities and financial condition of the
debtor."

Finally, KPMG argued that, as the prepetition engagement agreement
between the debtors and KPMG contains an arbitration clause, the
Trustee's request to obtain information from KPMG should be
governed by certain arbitration discovery rules, rather than by
Rule 2004.

Judge Silverstein held that the arbitration clause in the
engagement letter does not apply to the Rule 2004 Motion because a
Rule 2004 examination is not a "dispute or claim," but an
investigatory tool used prior to a dispute.

A full-text copy of Judge Silverstein's December 2, 2016 opinion is
available at http://bankrupt.com/misc/deb15-12284-393.pdf

                    About Millennium Lab

Millennium Lab Holdings II, LLC, Millennium Health, LLC and
Rxante, LLC, providers of laboratory-based diagnostic testing
focused on drugs of abuse and clinical medication monitoring,
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
15-12284, 15-12285 and 15-12286, respectively) on Nov. 10, 2015.
The Debtors estimated assets in the range of $100 million to $500
million and liabilities of more than $1 billion.

Judge Laurie Selber Silverstein has been assigned the cases.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as conflicts
counsel; Lazard Freres & Co., LLC, as investment banker; Alvarez &
Marsal as financial advisor; and Prime Clerk LLC as claims and
noticing agent.

Millennium Lab Holdings II, LLC, et al., announced that on Dec.
18,
2015, the effective date of their Amended Prepackaged Joint Plan
of
Reorganization occurred.


MURRAY TRANSFER: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Murray Transfer & Storage Company, Inc.
           aka Atlantic Moving Systems
        P.O. Box 1141
        Jacksonville, NC 28541

Case No.: 16-06230

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       Eastern District of North Carolina
       (New Bern Division)

Judge: Hon. Joseph N. Callaway

Debtor's Counsel: George M. Oliver, Esq.
                  THE LAW OFFICES OF OLIVER & CHEEK, PLLC
                  PO Box 1548
                  New Bern, NC 28563
                  Tel: 252 633-1930
                  Fax: 252 633-1950
                  E-mail: efile@ofc-law.com

Total Assets: $915,035

Total Liabilities: $2.55 million

The petition was signed by David Sneeden, vice-president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/nceb16-06230.pdf


MWM & SONS: Case Summary & 6 Unsecured Creditors
------------------------------------------------
Debtor: MWM & Sons, Corporation
        7750 Annapolis Road
        Lanham, MD 20706-1306

Case No.: 16-25851

Chapter 11 Petition Date: December 2, 2016

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

Judge: Hon. Wendelin I. Lipp

Debtor's Counsel: John Douglas Burns, Esq.
                  THE BURNS LAWFIRM, LLC
                  6303 Ivy Lane, Ste. 102
                  Greenbelt, MD 20770
                  Tel: (301) 441-8780
                  E-mail: ecf@burnsbankruptcyfirm.com
                          jburns@burnsbankruptcyfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Moin M. Ahmad, president.

A copy of the Debtor's list of six unsecured creditors is available
for free at http://bankrupt.com/misc/mdb16-25851.pdf


NAMAL ENTERPRISES: Disclosures Conditionally OK'd; Jan. 11 Hearing
------------------------------------------------------------------
The Hon. Michael G. Williamson of the U.S. Bankruptcy Court for the
Middle District of Florida has conditionally approved Namal
Enterprises, LLC's disclosure statement referring to the Debtor's
plan of reorganization.

The Court will conduct on Jan. 11, 2017, at 10:00 a.m. a hearing on
confirmation of the Plan and final approval of the Disclosure
Statement.

Any written objections to the Disclosure Statement will be filed
with the Court no later than seven days prior to the Confirmation
Hearing.  Objections to the plan confirmation must be filed with
the Court no later than seven days before the Confirmation
Hearing.

Parties-in-interest will submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the Confirmation Hearing.

The plan proponent will file a ballot tabulation no later than 96
hours prior to the Confirmation Hearing.

All creditors and parties-in-interest that assert a claim against
the Debtor which arose after the filing of this case, including all
professionals seeking compensation from the estate of the Debtor,
must file motions or applications for the allowance of the claims
with the Court no later than 15 days after the entry of the Nov.
21, 2016 court order.

Three (3) days prior to the Confirmation Hearing, the plan
proponent will file a confirmation affidavit which will contain the
factual basis upon which the plan proponent relies in establishing
that each of the requirements of Section 1129 of the U.S.
Bankruptcy Code are met.

                      About Namal Enterprises

Namal Enterprises, LLC, fdba Red Roof Inn Kissimmee fdba Blue
Inn LBVS, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-07190) on Aug. 22, 2016.  The petition was signed by Syed Raza,
manager.  The Debtor disclosed total assets at $3.14 million and
total liabilities at $1.88 million.  The Debtor is represented by
Richard J. McIntyre, Esq., and Katie Brinson Hinton, Esq., at
McIntyre Thanasides Bringgold, et al.


NAUGHTON PLUMBING: Hires Smith & Smith as Attorney
--------------------------------------------------
Naughton Plumbing Sales Co., Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Arizona to employ Smith &
Smith Law Offices, PLLC as attorney to the Debtor.

Naughton Plumbing requires Smith & Smith to:

   a. advise with respect to the powers and duties of the Debtor;

   b. represent the Debtor in connection with all appearances;

   c. prepare on behalf of the Debtor of necessary applications,
      motions, answers, order and other documents;

   d. prepare a plan and disclosure statement and handling all
      matters and court hearings related thereto;

   e. represent the Debtor in connection with the hearing on
      confirmation and all related matters; and

   f. all other legal services for Debtor which may be
      necessary.

Smith & Smith will be paid at these hourly rates:

     Gerald K. Smith             $450
     John C. Smith               $350
     Grant L. Cartwright         $300
     Cody D. Vandewerker         $250
     Paralegal                   $150

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

To the best of the Debtor's knowledge, 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.

Smith & Smith can be reached at:

     Gerald K. Smith, Esq.
     SMITH & SMITH LAW OFFICE, PLLC
     6720 E. Camino Principal, Suite 203
     Tucson, AZ 85715
     Tel: (520) 722-1605
     Fax: (520) 722-9096
     E-mail: gerald@smithandsmithpllc.com

                    About Naughton Plumbing Sales

Naughton Plumbing Sales Co., Inc., an Arizona corporation, sells
plumbing, heating, and cooling supplies.

Naughton Plumbing filed a chapter 11 petition (D. Ariz. Case No.
16-13201) on Nov. 17, 2016. The petition was signed by Frank W.
Naughton, president. The case is assigned to Judge Scott H. Gan.

The Debtor estimated assets and debt at $1 billion to $10 billion
at the time of the filing.

The Debtor is represented by attorneys at Smith & Smith Law
Offices, PLLC.

No request has been made for the appointment of a trustee or an
examiner and none has been appointed in the case. No official
committee of unsecured creditors has been appointed in the case.



NCL CORP: Moody's Assigns B2 Rating on $700MM Sr. Unsec. Notes
--------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to NCL Corporation
Limited's proposed $700 million senior unsecured notes due 2021.
NCL's Ba3 Corporate Family Rating, Ba3-PD Probability of Default
Rating, Ba2 Bank Credit Facilities rating, and B2 senior unsecured
notes rating are unchanged.  The rating outlook remains stable.

The senior unsecured notes will be used to refinance $680 million
of senior unsecured notes maturing in 2019.  Moody's views the
refinancing of the senior unsecured notes as a credit positive as
it will delay their maturity by over two years until 2021.

These ratings were assigned:

  Proposed $700 million senior unsecured notes due 2021 at B2
   (LGD6)

                         RATINGS RATIONALE

NCL's Ba3 Corporate Family Rating reflects its market position as
the third largest ocean cruise line worldwide.  Its rating also
acknowledges its' well-known brand names -- Norwegian Cruise Line,
Oceania Cruises, and Regent Seven Seas Cruises -- and the young age
of its fleet which enables the company to compete against larger
rivals across all its price points.  The rating considers that
NCL's leverage remains high but is set to improve over the next
twelve months.  For the twelve month period ended Sept. 30, 2016,
NCL's debt to EBITDA was 4.8x and EBITA to interest expense was
3.3x.  Moody's forecasts that debt to EBITDA will fall to 4.6x over
the next twelve months as a result of robust earnings growth. The
rating also acknowledges that Moody's believes the cruise industry
will continue to benefit from favorable demographics and the value
proposition of a cruise vacation which supports the continued
penetration of the vacation market by cruise operators. The rating
also acknowledges that while industry wide capacity will increase,
capacity expansion will remain at a rational level as a result of
supply constraints.  Lastly the rating considers NCL's aggressive
financial policy which includes financing the acquisition of
Prestige in 2014 largely with debt and borrowing an incremental
$300 million in 2015, of which $150 million has gone to share
repurchases.  Moody's notes that the ownership levels of affiliates
of Apollo Global Management(16%), Genting HK (11%), and TPG (2%)
have reached a point where NCL has the ability to dictate its own
financial policy going forward.

The stable outlook reflects that NCL's credit metrics are set to
improve to levels that are in line with its Ba3 rating as a result
of strong forecasted earnings growth.

Ratings could be upgraded should NCL sustain debt to EBITDA below
4.5x and EBITA to interest expense above 3.0x.  A ratings upgrade
would also require a financial policy that supports credit metrics
remaining at these levels.

Ratings could be downgraded should it become unlikely that debt to
EBITDA will be reduced to below 5.25x by the end of 2016 or should
EBITA to interest fall below 2.0x.

NCL Corporation Ltd., headquartered in Miami, FL, headquartered in
Miami, FL, is a wholly owned subsidiary of Norwegian Cruise Line
Holdings, Ltd.  NCL operates 24 cruise ships with about 46,500
berths, under three brand names; Norwegian Cruise Line, Oceania
Cruises, and Regent Seven Seas Cruises.  Net revenues are about
$3.7 billion.

The principal methodology used in this ratings was "Business and
Consumer Service Industry" published in October 2016.


NCL CORP: S&P Assigns 'BB' Rating on $700MM Sr. Unsecured Notes
---------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating to Miami,
Fla.-based NCL Corp. Ltd.'s $700 million senior unsecured notes due
2021.  The recovery rating is '3', indicating S&P's expectation for
meaningful recovery (50% to 70%; upper half of the range) for
noteholders in the event of a payment default.  NCL plans to use
proceeds from the notes, along with cash on hand, to repurchase its
$680 million 5.25% senior unsecured notes due 2019, to pay for the
early tender premium on the 5.25% notes, and for transaction fees
and expenses.

All other ratings, including S&P's 'BB' corporate credit rating,
are unchanged.

S&P's recovery analysis is:

Key analytical factors

   -- S&P's recovery ratings on NCL's senior secured revolving
      credit facility and term loan are unchanged at '1', and
      S&P's recovery rating on NCL's unsecured notes remains at
      '3'.  While S&P's estimated recovery on the unsecured notes
      would indicate a recovery rating of '1' (90% to 100%
      recovery expectation), S&P has capped the recovery rating at

      '3' (50% to 70%) because of the rating cap that S&P applies
      to the unsecured debt of issuers with a corporate credit
      rating in the 'BB' category.  The cap addresses the fact
      that these creditors' recovery prospects are at greater risk

      of being impaired by the issuance of additional priority or
      pari passu debt prior to default.

   -- S&P's simulated default scenario contemplates a payment
      default in 2021, attributable to cash flow declines from
      existing ships and weaker-than-expected increase in cash
      flow from new ships scheduled for delivery over the next
      several years in an environment of greater pricing pressure
      and competition from larger cruise companies.

   -- S&P uses a discrete asset valuation (DAV) approach for NCL
      because its debt structure provides certain creditors with
      priority claims against specific assets and S&P expects
      lenders would pursue the specific collateral pledged to
      them.

   -- To calculate S&P's DAV, it applies discounts to the
      appraised values of NCL's existing ships and to the costs of

      planned ships.  S&P applies discounts ranging from 40% to
      50% to appraisals depending on the customer segment.  In
      addition, where no appraisals are available, S&P applied
      discounts to the cost of the ships ranging from 20% to 50%
      depending on when they were placed in service or are
      scheduled for delivery.

   -- S&P assumed administrative claims total 7% of gross discrete

      asset value, reflecting expenses associated with the two
      classes of debt at the parent and the various subsidiaries
      and multijurisdictional considerations.

Simulated default assumptions:
   -- Year of default: 2021

Simplified waterfall:

   -- Net discrete asset value (after 7% administrative costs):
      $7.5 billion
   -- Percent of value pledged to secured debt vs. not-pledged to
      secured debt: 24%/76%
      --------------------------------------------
   -- Net value available to secured credit facilities:
      $1.8 billion
   -- Secured credit facilities: $1.6 billion
      -- Recovery expectation: 90% to 100%
   -- Net value available to senior unsecured notes after
      satisfying priority claims on assets: $2.0 billion
   -- Senior unsecured notes: $1.3 billion
      -- Recovery expectation: 50% to 70% (upper half of the
      range)

Note: All debt amounts include six months of prepetition interest.

RATINGS LIST

NCL Corp. Ltd.
Corporate credit rating                     BB/Stable/--  

New Rating
NCL Corp. Ltd.
$700 mil sr unsecd nts due 2021            BB
  Recovery rating                           3H


NEW YORK CRANE: Hires Pro Star Pilatus as Broker
------------------------------------------------
New York Crane & Equipment Corp., et al., seek authority from the
U.S. Bankruptcy Court for the Eastern District of New York to
employ Pro Star Pilatus Center LLC to enter into an Aircraft
Remarketing Agreement.

Pro Star has been requested by James F. Lomma as the 99% equity
owner of LJ Ventures to provide Aircraft Remarketing services. Pro
Star sold LJ Ventures its 2014 Pilatus PC-12 NG aircraft which Pro
Star has been asked to remarket.

Pro Star sold LJ Ventures LLC its 2009 Pilatus aircraft which was
traded in when LJ Ventures purchased its current aircraft. When LJ
Ventures purchased the 2014 Pilatus PC-12 NG aircraft, its 2009
Pilatus Aircraft was acquired by Pro Star as a trade-in for the sum
of $3,250,000 and that amount was a credit against the purchase
price for the new aircraft.

Pro Star will be paid a remarketing fee of 5% of the sale price.

Michael Kenny, member of Pro Star Pilatus Center 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.

Pro Star can be reached at:

     Michael Kenny
     PRO STAR PILATUS CENTER LLC
     5 Industrial Drive
     Londonderry, NH 03053
     Tel: (877) 345-1918

                       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.



NEWBURY COMMON: Wants Plan Filing Deadline Moved to February 6
--------------------------------------------------------------
Newbury Common Associates, LLC and certain of its affiliates ask
the U.S. Bankruptcy Court for the District of Delaware to extend
the exclusive periods for the filing of a chapter 11 plan and
solicitation of Plan acceptances, through and including February 6,
2017 and including April 7, 2017, respectively.  The Debtors
further ask the Court to extend the deadline for filing a chapter
11 plan, through and including February 6, 2017.

Since the Second Exclusivity Extension Order was entered, the
Debtors' management and professional advisors have devoted a
significant amount of time and effort towards a number of critical
matters in these chapter 11 cases.  Among other things, (a) the
Debtors have successfully closed the sales of all of the
Properties, excluding the still uncompleted Residence Inn Property,
and (b) the Debtor Seaboard Hotel LTS Associates, LLC entered into
the Letter Agreement with Israel Discount Bank of New York
regarding the disposition of the Residence Inn Property.

In addition, following the completion of the sale process, the
Debtors have begun implementing a Work Plan, including by holding a
constructive plan settlement conference with significant parties in
interest that the Debtors believe could result in a consensual
chapter 11 plan.

The Work Plan contemplates seven distinct steps, including:

       (1) re-engaging the forensic accounting process;

       (2) commencing claims review and reconciliation;

       (3) evaluating potential causes of action;

       (4) identifying and recording receivable balances;

       (5) formally deposing John DiMenna, Jr.;

       (6) identifying working group parties; and

       (7) holding one or more plan settlement conferences with
parties in interest.

The Debtors tell the Court that they have developed the Work Plan
with the understanding that the litigation required to fully unwind
the prepetition fraudulent conduct orchestrated while Mr. John J.
DiMenna, Jr. was involved with the Debtors, as well as the claims
asserted against the various Debtors, intercompany claims, and
potential clawback litigation would be extremely complex,
protracted, and costly, and that, accordingly, it would be in the
best interests of all parties to reach a consensual chapter 11
plan.

In furtherance of their goal of developing a consensual chapter 11
plan, the Debtors and their professionals expedited an extensive
review of potential intercompany claims and developed and prepared
other critical information necessary for parties in interest to
evaluate potential plan structures.  The Debtors have convened a
settlement conference on November 17, 2016 which included
participants from UCF I Trust 1, CPR Money, LLC, Cedar Hill
Capital, LLC, and many investors, and another settlement conference
has been scheduled for December 9, 2016 and the Debtors remain
cautiously optimistic that they will reach sufficient consensus to
file a proposed plan by the end of the year.

The Debtor also relate that despite these extensive efforts, there
is still much more to do, as outlined in the Work Plan. In
particular, Anchin Block & Anchin LLP has been examining the bank
records for non-Debtor Seaboard Consolidated, LLC and various
Debtors and related non-Debtor entities managed by John DiMenna
going back at least to Consolidated's inception to analyze what
transfers occurred into and out of Consolidated. Anchin's
examination to date has yielded a preliminary analysis into the
movement of cash into and out of Consolidated, which provides some
sense as to the likely existence and amount of claims between
Debtors.

The Debtors have requested that any objections to the relief
requested in the Motion be filed on or before December 19, 2016.  A
hearing on the Motion be held on January 10, 2017 at 2:00 p.m.

                     About Newbury Common Associates, LLC

Newbury Common Associates, LLC, et al., comprise a corporate
enterprise that owns a diverse portfolio of high quality,
distinctive commercial, hospitality and residential properties with
an aggregate of approximately 800,000 square feet located primarily
in Stamford, Connecticut.

On Dec. 13, 2015, Newbury Common Associates, LLC, and 13 affiliates
each commenced a voluntary case (Bankr. D. Del. Lead Case No.
15-12507) under chapter 11 of the Bankruptcy Code, and on Dec. 14,
Tag Forest LLC commenced a Chapter 11 case (collectively, "Original
Debtors").  On Feb. 3, 2016, Newbury Common Member Associates, LLC
and 8 affiliates commenced a voluntary case under chapter 11 of the
Bankruptcy Code; and then on Feb. 4, 88 Hamilton Avenue Associates,
LLC filed a Chapter 11 petition (collectively "Additional
Debtors").

Seaboard Realty, LLC, its principals or entities it manages serve
as the manager under the operating agreements for each of the
Debtors and is owned 50% by John J. DiMenna, Jr., 25% by Thomas L.
Kelly, Jr. and 25% by William A. Merritt, Jr.  The Original Debtors
other than Seaboard Residential, LLC, Tag, and Newbury Common
Associates, LLC, are holding companies whose assets are
substantially comprised of the equity of the Property Owner
Debtors.  The Debtors' eight operating property are owned by the
"Property Owner Debtors", namely Century Plaza Investor Associates,
LLC; Seaboard Hotel Associates, LLC; Seaboard Hotel LTS Associates,
LLC; Park Square West Associates, LLC; Clocktower Close Associates,
LLC; One Atlantic Investor Associates, LLC; 88 Hamilton Avenue
Associates, LLC; 220 Elm Street I, LLC; 300 Main Street Associates,
LLC; and Seaboard Residential, LLC.

The Original Debtors' chapter 11 cases are being jointly
administered pursuant to an order entered Dec. 18, 2015.  The
Debtors later won approval of a supplemental motion seeking joint
administration of the Additional Debtors' Chapter 11 cases with the
cases of the Original Debtors for procedural purposes only.

As of Jan. 7, 2016, the Debtors had incurred purported aggregate
funded secured indebtedness of approximately $177.2 million in
principal, including approximately $150.4 million of property-level
secured debt and approximately $26.8 million of purported and
allegedly unauthorized mezzanine debt.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and
Dechert LLP as attorneys, and Donlin Recano as claims and noticing
agent.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Debtors' cases.


NFP PARENT: S&P Affirms 'B' CCR After Announced Recapitalization
----------------------------------------------------------------
S&P Global Ratings said it affirmed its 'B' corporate credit rating
on NFP Parent Co, LLC and 'B' corporate credit rating on its core
subsidiary NFP Corp.  S&P also affirmed its 'CCC+' issue-level
rating on its $575 million senior unsecured notes with a '6'
recovery rating.  Concurrently, S&P assigned its 'B' issue-level
rating with a '3' recovery rating -- indicating S&P's expectation
for meaningful (50%-70%, upper half of the range) recovery of
principal in the event of default -- on the company's new $1,275
million senior secured credit facilities.

"Our ratings reflect our expectations that NFP's leverage metrics
will not increase following the recapitalization and investment
from the new private equity sponsor," said S&P Global Ratings
credit analyst Neal Freedman.  S&P forecasts NFP's debt-to-EBITDA
ratio (including operating leases) will be around 7.0x for year-end
2016 due to significant growth in EBITDA, and expect leverage to
remain in the low-7.0x area over the next 12 months.

HPS Investment Partners, LLC ("HPS"), a global alternative
investment firm, will make a substantial minority investment into
NFP Corp.  The investment will be a mix of perpetual preferred
equity and common equity.  It is S&P's understanding that the
company will use the proceeds to recapitalize its current capital
structure, which includes refinancing existing debt and repurchase
existing shares.  After the acquisition, financial sponsor Madison
Dearborn Partners will maintain a controlling stake in the
company.

S&P assess NFP's business risk profile as fair, based on its
participation in the highly competitive, fragmented, and evolving
benefits and insurance industry (property/casualty, retirement
products, and individual).  However, NFP is the 11th-largest U.S.
insurance broker in Business Insurance's 2016 rankings (based on
2015 U.S. brokerage revenue), and S&P believes the company's market
position, recurring revenue streams, and consistent profitability
somewhat offset industry risks.

S&P's assessments of NFP's financial risk profile as highly
leveraged, primarily reflects S&P's opinion that the company will
maintain weak credit protection measures over the next year.  S&P's
ratings also incorporate NFP's aggressive financial policies, which
stem from Madison Dearborn Partners' and HPS's private equity
ownership in the company.

S&P's treatment of preferred stock issued to HPS and the consortium
of minority investors as either debt or equity financing is a
critical component in determining the leverage and interest
coverage ratios.  After applying S&P's stated criteria for
non-common equity financing for a financial sponsor, it excludes
the preferred stock from our consolidated financial analysis,
including S&P's leverage and coverage calculations. There are no
events of default, cross-default, or cross acceleration
contemplated in the credit agreement and there is no required
interest payment.  Also, the instrument is not secured or
guaranteed by any operating entity, and S&P has determined that the
intent of this agreement was to have these shares be considered as
common stock-like but with an accruing dividend

The stable outlook on NFP reflects S&P Global Ratings' expectation
that the company will be able to maintain steady profitability and
improve EBITDA margins in 20%-25% range during the next 12 months.
This reflects S&P's view of a more profitable business mix
resulting from the sale of its advisory services business.  S&P
also expects for the company to make strategic acquisitions and to
focus on recurring revenues as a way to expand revenues in 2017.
S&P expects revenue growth of about 10% in 2017.  For 2016, S&P
expects financial leverage to be 7.0x-7.5x, which is consistent
with 7.5x at year-end 2015.  S&P expects leverage to stay in the
same 7.0x-7.5x range for 2017.

S&P could lower its ratings during the next 12 months if leverage
and coverage deteriorate as a result of a more aggressive financial
policy, or if the company experiences a decline in earnings,
resulting in sustained leverage of more than 8.0x and coverage of
less than 2.0x.  This could occur if NFP takes on additional debt
for acquisitions or other corporate activity, if earnings
deteriorate as a result of the loss of key clients or carrier
relationships.

Although an upgrade is unlikely within the next 12 months, S&P
could raise the rating if the company is able to reduce leverage to
5.0x or less and maintain coverage in excess of 3.0x on a
sustainable basis.  An upgrade would also be predicated on S&P's
view of less aggressive financial policies which would enable the
company to maintain stronger credit protection measures.



NINJA METRICS: Hires Alpert Barr as Special Litigation Counsel
--------------------------------------------------------------
Ninja Metrics, Inc., seeks authority from the U.S. Bankruptcy Court
for the Central District of California to employ Alpert Barr &
Grant, PLC as special litigation counsel to the Debtor.

Ninja Metrics requires Alpert Barr to represent the Debtor in an
action before the Superior Court of the State of California, County
of Los Angeles, Central District, entitled Mark Kolokotrones, an
individual and Knight and Bishop, L.P., a California Limited
Partnership vs. Ninja Metrics, Inc., a Delaware corporation, Dmitri
Williams, an individual, Robert Hawk, an individual, Robin
Kaminsky, an individual, 37 Technology Ventures, LLC, a Delaware
limited liability corporation and DOES 1 through 50, and
Cross-Complaint entitled Ninja Metrics, Inc., a Delaware
corporation vs. Mark Kolokotrones, an individual and Knight and
Bishop, L.P., a California Limited Partnership, bearing Case No.
BC609689.

Alpert Barr was paid a pre-petition retainer in the amount of
$99,945 from the Debtor.

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

Adam Grant, member of Alpert Barr & Grant, PLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Alpert Barr can be reached at:

     Adam Grant, Esq.
     ALPERT BARR & GRANT, PLC
     6345 Balboa Blvd, Suite 300
     Encino, CA 91316
     Tel: (818) 881-5000

                    About Ninja Metrics Inc.

Ninja Metrics Inc. filed a Chapter 11 bankruptcy petition (Bankr.
C.D.Cal. Case No. 16-24013) on October 24, 2016. The Hon. Sheri
Bluebond presides over the case. Goodman Law Offices represents the
Debtor as counsel.

In its petition, the Debtor estimated $10 million to $50 million in
assets and $500,000 to $1 million in liabilities. The petition was
signed by Dmitri Williams, president.


NORTEL NETWORKS: Plan Confirmation Hearing Set for Jan. 24
----------------------------------------------------------
Judge Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware on Dec. 1 approved the disclosure statement explaining
Nortel Networks Inc., et al.'s First Amended Joint Chapter 11 Plan
and scheduled the date for hearing on confirmation of the Plan will
be January 24, 2017, at a time convenient for the Court.

The last date and time for the filing of objections to confirmation
of the Plan is scheduled to be heard at the Confirmation Hearing is
January 9.

Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that the disclosure statement was approved by judges in
Canada and the U.S., who are both overseeing the bankruptcy case of
Nortel Networks.

The WSJ report said time and money are sensitive subjects in
Nortel's bankruptcy, where professional fees have topped $2
billion, citing records assembled by Diane Urquhart, a Canadian
analyst.  It took only a few years to raise the $7.3 billion from
sales of Nortel's business and assets and half a decade of fighting
to determine how to divide that money, the report pointed out.

The settlement is at the core of the payment schemes detailed in
creditor materials approved by Justice Frank Newbould in Toronto
and Judge Kevin Gross in Wilmington, Del., who conducted a joint
session linked by telephone lines, the report related.  Justice
Newbould took less than a minute to approve the Canadian materials,
the report said.  Talks continued for another hour in the Delaware
courtroom before Judge Gross approved Nortel U.S.'s chapter 11 plan
voting materials, the report added.

The global settlement proposes the following allocation of the
sale
proceeds:

   U.S. Debtors         24.3500%     $1,766,417,002
   Canadian Debtors     57.1065%     $4,142,665,131
   EMEA (other than
     NNSA and
     NNUK Debtors)       1.4859%       $107,788,879
   NNUK                 14.0249%     $1,017,408,257
   NNSA                     N/A        $220,000,000

The key components of the Plan include: (1) a global resolution
among the Nortel Group regarding the allocation of the Sale
Proceeds among each of the Nortel Group estates and settlement of
other inter-estate claims and other claims, through a negotiated
Settlement and Plans Support Agreement; and (2) approval of a
process whereby the Sale Proceeds currently in the Escrow Accounts
will be released simultaneously to each Nortel Group estate.

The estimated recoveries for general unsecured creditors are as
follows:

   * Against NNI and NNCC                   55.1-61.2%
   * Against NNCALA                         12.1-13.9%
   * Against Nortel Altsystems                7.6-9.1%
   * Against Nortel Altsystems Int'l    less than 0.1%
   * Against Xros                       less than 0.1%
   * Against Sonoma                               0.1%
   * Against Qtera                      less than 0.1%
   * Against CoreTek                    less than 0.1%
   * Against NN Applications            less than 0.1%
   * Against NN Optical                 less than 0.1%
   * Against NN HPOCS                             0.1%
   * Against Architel                         0.5-0.6%
   * Against NNII                             0.7-0.9%
   * Against NTI                        less than 0.1%
   * Against NN Cable                   less than 0.1%

A red-lined version of the First Amended Disclosure Statement dated
November 29, 2016, is available at:

          http://bankrupt.com/misc/deb09-10138-17457.pdf

                      About Nortel Networks

Headquartered in Ontario, Canada, Nortel Networks Corporation and
its various affiliated entities provided next-generation
technologies, for both service provider and enterprise networks,
support multimedia and business-critical applications.  Nortel did
Networks Limited was the principal direct operating subsidiary of
Nortel Networks Corporation.

On Jan. 14, 2009, Nortel Networks Inc.'s ultimate corporate parent
Nortel Networks Corporation, NNI's direct corporate parent Nortel
Networks Limited and certain of their Canadian affiliates commenced
a proceeding with the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act (Canada) seeking relief from
their creditors.  Ernst & Young was appointed to serve as monitor
and foreign representative of the Canadian Nortel Group.  That same
day, the Monitor sought recognition of the CCAA Proceedings in U.S.
Bankruptcy Court (Bankr. D. Del. Case No. 09-10164) under Chapter
15 of the U.S. Bankruptcy Code.

That same day, NNI and certain of its affiliated U.S. entities
filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 09-10138).

In addition, the High Court of England and Wales placed 19 of
NNI's
European affiliates into administration under the control of
individuals from Ernst & Young LLP.  Other Nortel affiliates have
commenced and in the future may commence additional creditor
protection, insolvency and dissolution proceedings around the
world.

On May 28, 2009, at the request of administrators, the Commercial
Court of Versailles, France, ordered the commencement of secondary
proceedings in respect of Nortel Networks S.A.  On June 8, 2009,
Nortel Networks UK Limited filed petitions in U.S. Bankruptcy
Court
for recognition of the English Proceedings as foreign main
proceedings under Chapter 15.

U.S. Bankruptcy Judge Kevin Gross presides over the Chapter 11 and
15 cases.  Mary Caloway, Esq., and Peter James Duhig, Esq., at
Buchanan Ingersoll & Rooney PC, in Wilmington, Delaware, serves as
Chapter 15 petitioner's counsel.

In the Chapter 11 case, James L. Bromley, Esq., and Howard S.
Zelbo, Esq., at Cleary Gottlieb Steen & Hamilton, LLP, in New
York,
serve as the U.S. Debtors' general bankruptcy counsel; Derek C.
Abbott, Esq., at Morris Nichols Arsht & Tunnell LLP,  in
Wilmington, serves as Delaware counsel.  The Chapter 11  Debtors'
other professionals are Lazard Freres & Co. LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims and notice
agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in respect of the U.S. Debtors.

An ad hoc group of bondholders also was organized.  An Official
Committee of Retired Employees and the Official Committee of
Long-Term Disability Participants tapped Alvarez & Marsal
Healthcare Industry Group as financial advisor.  The Retiree
Committee is represented by McCarter & English LLP as Delaware
counsel, and Togut Segal & Segal serves as the Retiree Committee.
The Committee retained Alvarez & Marsal Healthcare Industry Group
as financial advisor, and Kurtzman Carson Consultants LLC as its
communications agent.

Several entities, particularly, Nortel Government Solutions
Incorporated and Nortel Networks (CALA) Inc., have material
operations and are not part of the bankruptcy proceedings.

As of Sept. 30, 2008, Nortel Networks Corp. reported consolidated
assets of $11.6 billion and consolidated liabilities of $11.8
billion.  The Nortel Companies' U.S. businesses are primarily
conducted through Nortel Networks Inc., which is the parent of
majority of the U.S. Nortel Companies.  As of Sept. 30, 2008, NNI
had assets of about $9 billion and liabilities of $3.2 billion,
which do not include NNI's guarantee of some or all of the Nortel
Companies' about $4.2 billion of unsecured public debt.

Since the commencement of the various insolvency proceedings,
Nortel has sold its business units and other assets to various
purchasers.  Nortel has collected roughly $9 billion for
distribution to creditors.  Of the total, $4.5 billion came from
the sale of Nortel's patent portfolio to Rockstar Bidco, a
consortium consisting of Apple Inc., EMC Corporation,
Telefonaktiebolaget LM Ericsson, Microsoft Corp., Research In
Motion Limited, and Sony Corporation.  The consortium defeated a
$900 million stalking horse bid by Google Inc. at an auction.  The
deal closed in July 2011.

Nortel has filed a proposed plan of liquidation in the U.S.
Bankruptcy Court.  The Plan generally provides for full payment on
secured claims with other distributions going in accordance with
the priorities in bankruptcy law.

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.

According to The Wall Street Journal, Justice Frank Newbould of the
Ontario Superior Court of Justice in Toronto and Judge Kevin Gross
of the U.S. Bankruptcy Court in Wilmington, Del., agreed on the
outcome: a modified pro rata split of the money.


OAK CREEK: Unsecureds To Be Paid in Full in 90 Days
---------------------------------------------------
Oak Creek Plaza, L.L.C., filed with the U.S. Bankruptcy Court for
the Northern District of Illinois a second amended disclosure
statement referring to the Debtor's second amended plan of
reorganization.

Class 2 - Allowed General Unsecured Claims will be paid in full
within 90 days of the effective date of this Second Amended Plan of
Reorganization.

The combination of proceeds from the sale of the Debtor's real
estate allows the Debtor to fund the Plan.

The Second Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/ilnb16-16324-96.pdf

As reported by the Troubled Company Reporter on Sept. 30, 2016, the
Debtor on Sept. 20 filed with the Court a proposed plan to exit
Chapter 11 protection.  That plan proposed to pay $100,452 to
creditors holding Class 2 general unsecured claims within 180 days
of the effective date of the plan.

                      About Oak Creek Plaza

Since its original organization in 1998 through 2014, Oak Creek
Plaza, L.L.C., was retained to manage commercial real estate
projects for owners and as a court appointed receiver.  When
foreclosure litigation was commenced in 2014 against the Debtor by
Thrivent Financial for Lutherans, the Debtor was forced to cease
performing management services for others.

The Debtor filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.
16-16324) on May 13, 2016.  The petition was signed by Ronald L.
Boorstein, managing partner.  The Debtor is represented by Paul M.
Bach, Esq., at Bach Law Offices.  The case is assigned to Judge
Jacqueline P. Cox.  The Debtor estimated assets and liabilities at
$1 million to $10 million at the time of the filing.


OAKLEY WOODS: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Oakley Woods Apartments, LLC
        6295 Oakley Road
        Union City, GA 30291

Case No.: 16-71787

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Frank G. Nason, IV, Esq.
                  LAMBERTH, CIFELLI, ELLIS & NASON, P.A.
                  1117 Perimeter Center West, Suite W212
                  Atlanta, GA 30338
                  Tel: (404) 262-7373
                  Fax: (404) 262-9911
                  E-mail: fnason@lcenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Mike Kohn, manager, STOWA Member, LLC.

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/ganb16-71787.pdf


OCEANS FLAVOR: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Oceans Flavor Foods, LLC
        4492 Camino de la Plaza, #1241
        San Ysidro, CA 92173

Case No.: 16-07400

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Hon. Laura S. Taylor

Debtor's Counsel: John L. Smaha, Esq.
                  SMAHA LAW GROUP, APC
                  2398 San Diego Avenue
                  San Diego, CA 92110
                  Tel: (619) 688-1557
                  Fax: (619) 688-1558
                  E-mail: jsmaha@smaha.com

Total Assets: $1.44 million

Total Liabilities: $3.56 million

The petition was signed by Justin Fisher, CFO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/casb16-07400.pdf


ONIX CAPITAL: Chapter 15 Case Summary
-------------------------------------
Chapter 15 Petitioner: Carlos A. Parada Abate

Chapter 15 Debtor: Onix Capital S.A.
                   c/o Astigarraga Davis Mullins & Grossman
                   1001 Brickell Bay Drive, 9th Floor
                   Miami, FL 33131

Chapter 15 Case No.: 16-26082

Chapter 15 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Laurel M Isicoff

Chapter 15 Petitioner's Counsel: Edward H. Davis, Jr., Esq.
                                 ASTIGARRAGA DAVIS MULLINS &
                                 GROSSMAN
                                 1001 Brickell Bay Dr 9th Flr
                                 Miami, Fl 33131
                                 Tel: 305-372-8282
                                 E-mail: edavis@astidavis.com

                                   - and -

                                 Arnoldo B Lacayo, Esq.
                                 ASTIGARRAGA DAVIS MULLINS &
                                 GROSSMAN
                                 1001 Brickell Bay Drive,
                                 9th Floor
                                 Miami, FL 33131
                                 Tel: 305-372-8282
                                 E-mail: alacayo@astidavis.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


PAPERWORKS INDUSTRIES: Moody's Affirms B3 CFR, Outlook Negative
---------------------------------------------------------------
Moody's Investors Service affirmed the B3 corporate family rating
and B3-PD probability of default rating of PaperWorks Industries
Inc. and revised outlook to negative.  Moody's also affirmed the B3
rating on the senior secured notes.  The revision of the outlook to
negative reflects weak liquidity and lower-than-expected earnings
due to a decline in prices and demand for coated recycled
paperboard (CRB), the company's key product.  Weak demand for
packaged food has resulted in lower CRB backlogs and pushed CRB
prices down in 2016.  This negatively impacted Paperwork's earnings
at a time when the company also had significant cash costs related
to restructuring initiatives and an upgrade of a paper machine.
Earnings will further decline in the fourth quarter 2016 due to a
market related downtime at the mills.  With negative projected free
cash flow in 2016, the company has increased its revolver
borrowings and will have limited revolver availability until it is
projected to start generating free cash flow in the second half of
2017.

Moody's took this action:

Outlook Actions:

Issuer: PaperWorks Industries, Inc.
  Outlook, Changed To Negative From Stable

Affirmations:

Issuer: PaperWorks Industries, Inc.
  Probability of Default Rating, Affirmed B3-PD
  Corporate Family Rating, Affirmed B3
  Senior Secured Regular Bond/Debenture, Affirmed B3 (LGD 4)

                        RATINGS RATIONALE

The B3 corporate family rating reflects Paperwork's weak liquidity,
high leverage, small scale and limited product and operational
diversity, given its concentration in coated recycled board.
Paperworks remains a fairly small player in the CRB industry with
more open market sales compared to its more integrated and
diversified major competitors, leaving it more exposed to CRB
demand and price weakness.  The rating reflects expectations for
weak CRB demand driven by sluggish packaged food growth.  Some CRB
producers are taking market-related downtime to balance supply and
demand, but we have not yet seen CRB price improvements even as
recycled fiber costs have increased.  While Paperworks has
completed significant restructuring initiatives and has upgraded a
paper machine to produce specialty CRB grades that should support
performance in 2017, further CRB price deterioration or volume
declines may negatively impact its earnings and liquidity.

Moody's expects Paperworks to have weak liquidity over the next
twelve months.  The company has low cash balances and approximately
$54 million of borrowings under its $100 million asset-based
revolver, leaving approximately $23 million of revolver
availability as of September 2016.  The revolver, which is subject
to borrowing base limitations, expires in August 2019. Although we
expect free cash flow to turn positive in 2017 as a result of lower
capital expenditures and elimination of restructuring cash costs,
the company may need to rely on the revolver in the first quarter
of 2017 to make its interest payment, further reducing availability
The revolver has a capital expenditure covenant and a springing
fixed charge covenant of 1:1 if availability falls below $12.5
million.  The company would not be able to meet the fixed charge
covenant calculation in the first half of 2017 if it were
triggered.  The company does not expect availability to fall below
$12.5 million in 2017, but there is little room for negative
variance in operating performance.  There are no near-term
maturities, but the whole capital structure matures in 2019.

The B3 rating on the $360 million secured notes is in line with the
corporate family rating as the notes represent the majority of debt
in the company's capital structure, which also includes an unrated
$100 million asset-based revolver.  The secured notes are secured
predominantly by a first lien on all real property and other assets
of the company's domestic operations and the second lien on the ABL
collateral.  The $100 million ABL facility is secured predominantly
by a first lien on the receivables and inventory of both domestic
and Canadian subsidiaries.

The negative outlook reflects negative pricing and demand trends in
the CRB industry.  The negative outlook also reflects expectations
that liquidity may deteriorate further in early 2017 due to a first
quarter interest payment, leaving little headroom for negative
variance in operating performance.

The ratings could be downgraded if operating environment
deteriorates further and CRB prices continue to decline.  The
ratings could also be downgraded if free cash flow remains negative
and company's debt/EBITDA rises above 7 times on a sustained
basis.

Moody's could stabilize the outlook if operating environment
improves and the company starts generating positive free cash flow
and availability under its revolver improves.  An upgrade would
require reduction in leverage below 5 times on a sustained basis,
maintaining EBITDA margins above 9% and sustained free cash flow
generation.

The principal methodology used in these ratings was Global Paper
and Forest Products Industry published in October 2013.

Headquartered in Bala Cynwyd, Pennsylvania, Paperworks is producer
of coated recycled paperboard and folding cartons.  Paperworks has
been a portfolio company of Sun Capital Partners, Inc. since 2008.
The company generated $620 million in revenue for the twelve months
ended September 2016.


PARAGON OFFSHORE: Inks Severance Deal with Former CEO Stilley
-------------------------------------------------------------
Randall Stilley was no longer serving as Chief Executive Officer
and President of Paragon Offshore plc effective Nov. 9, 2016.

In connection with Mr. Stilley's departure as Chief Executive
Officer and President of Paragon, on November 30, Paragon and two
of its subsidiaries who are not debtors in Paragon's previously
announced chapter 11 cases -- Paragon Offshore Services LLC and
Paragon International Investment Limited -- entered into a
Confidential Separation Agreement and General Release that, subject
to certain terms and conditions, provides Mr. Stilley with

     (i) a one-time lump sum payment of $500,000;

    (ii) continued health insurance, dental and vision insurance
coverage (through the Company's payment of the required COBRA
payments) through November 30, 2017 or until Mr. Stilley is
employed at a new employer that provides health insurance coverage,
whichever occurs first;

   (iii) an acknowledgment from the Company that the Separation
Agreement satisfies Mr. Stilley's obligation to execute a full
release of claims as required by Section 1 of the Key Employee
Retention Plan dated November 4, 2014, to prevent the forfeiture of
the "Commitment Amount", as defined in the KERP, previously paid to
Mr. Stilley pursuant to the KERP and that Mr. Stilley is entitled
to keep such amount; and

    (iv) the vesting of 748,530 of Mr. Stilley's unvested
time-vested restricted stock units awarded to him pursuant to the
Paragon Offshore plc 2014 Omnibus Incentive Plan.

The Separation Agreement also includes a general release of claims
(including any claims related to Mr. Stilley's employment agreement
with Paragon Offshore Services LLC dated September 16, 2014).

A copy of the Separation Agreement is available at
https://is.gd/hRtSm3

                    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: Proposes Feb. 10 Claims Bar Date
--------------------------------------------------
Paragon Offshore plc and its affiliated debtors ask the Delaware
bankruptcy court to establish these deadlines for filing proofs of
claim:

     (A) General Bar Date

The Debtors request that the Court establish Feb. 10, 2017, at 5:00
p.m. (Prevailing Eastern Time) as the General Bar Date. The General
Bar Date would be the date by which all entities, including
governmental units, holding prepetition claims must file Proofs of
Claim, so that such Proofs of Claim are actually received by the
Debtors' notice and claims agent, Kurtzman Carson Consultants LLC,
unless that entity's claim falls within one of the exceptions set
forth in the Debtors' request.  Subject to these exceptions, the
General Bar Date would apply to all claims against the Debtors that
arose or are deemed to have arisen on or before the Petition Date,
including secured claims, unsecured priority claims, unsecured
nonpriority claims, and rejection damage claims for executory
contracts and unexpired leases that have already been rejected by
order of the Court in these Chapter 11 Cases.

     (B) Amended Schedules Bar Date

If the Debtors amend or supplement their Schedules to reduce the
undisputed, noncontingent, and liquidated amount of a claim listed
in the Schedules, to change the nature or classification of a claim
against the Debtors reflected in the Schedules, or to add a new
claim to the Schedules, the affected creditor is required to file a
Proof of Claim or amend any previously filed Proof of Claim in
respect of the amended scheduled claim on or before the later of
(i) the General Bar Date and (ii) 5:00 p.m. (Prevailing Eastern
Time) on the date that is 21 days from the date on which the
Debtors provide notice of the amendment to the Schedules, so that
such Proofs of Claim are actually received by KCC.

     (C) Rejection Damages Bar Date

In the event a Debtor rejects any executory contracts or unexpired
leases pursuant to section 365 of the Bankruptcy Code, Proofs of
Claim asserted in connection with the rejection must be filed so
that they are actually received by KCC on or before the later of
(i) the General Bar Date and (ii) thirty (30) days after entry of
any order authorizing the rejection of such executory contract or
unexpired lease.

A hearing on the request is set for Dec. 20.

                    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: Wants Cash Collateral Termination Date Extended
-----------------------------------------------------------------
Paragon Offshore plc and its affiliated debtors recount that on
Sept. 26, 2016, the Bankruptcy Court entered an order extending the
"Termination Date" set forth in paragraph 11 of the Final Order (I)
Authorizing the Debtors to Utilize Cash Collateral; And (II)
Granting JPMorgan Chase Bank, N.A., As Administrative Agent for the
Revolver Lenders and Collateral Agent for the Revolver Lenders and
Term Loan Lenders, and Cortland Capital Market Services L.L.C. as
Successor Administrative Agent for the Term Loan Lenders, Adequate
Protection Pursuant to Sections 105, 361, 362, 363 and 507 of the
Bankruptcy Code, to the earlier of (i) December 30, 2016 and (ii)
the occurrence of a Termination Event.

The Debtors note that their ability to use Cash Collateral remains
critical to preserve and maintain their going concern value during
this time. Absent authority to use Cash Collateral, even for a
limited period of time, the continued operation of the Debtors'
business would suffer, causing immediate and irreparable harm to
the Debtors, their respective estates, and their creditors.

By this Motion, the Debtors request a further extension of the
status quo that was agreed to under the Final Cash Collateral
Order, and extended under the First Extension Order, so they may
continue to operate their business and, more importantly, emerge
from chapter 11. Specifically, the Debtors seek a short extension
of the Termination Date from December 30, 2016 to April 28, 2017.

The proposed extension, the Debtors explain, does not change any of
the material terms of the Final Cash Collateral Order and the
Prepetition Secured Parties will remain adequately protected.

For example, the Debtors note that their encumbered cash as of the
commencement date was approximately $77.1 million and has now
increased to approximately $228.2 million.  The Prepetition Secured
Parties will also continue to have, to the extent of diminution of
their interests in the Prepetition Collateral, a replacement lien
on the approximately $344 million of the Debtors' Unencumbered
Cash.

The Debtors contend that no party will be harmed by the relief
requested, and that it is entirely appropriate to further extend
the Termination Date to, among other things: (a) ensure that funds
are immediately available for the Debtors' use to properly bring
closure to these cases; and (b) adequately protect the Prepetition
Secured Parties from any diminution in the value of their interests
in the Prepetition Collateral.  Under these circumstances, the
relief requested is fair and reasonable and in the best interests
of the Debtors' estates and creditors.

                    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.


PEABODY ENERGY: Seeks to Repay $500M in DIP Loan Obligations
------------------------------------------------------------
Peabody Energy Corporation and its debtor-affiliates seek approval
from the U.S. Bankruptcy Court for the Eastern District of Missouri
for, among other things, authority to pay in full all amounts
outstanding under their DIP Credit Agreement prior to the scheduled
maturity date and to confirm the Company's continued use of cash
collateral.

The Company expects that the repayment of its obligations under the
DIP Credit Agreement will not impact the Company's rights and
obligations under settlement agreements and consent orders with
certain state environmental regulatory agencies, including the
super-priority administrative claims granted pursuant to and in
accordance with the those agreements and orders, as noted in the
DIP Motion and proposed order.

On May 18, 2016, the Bankruptcy Court entered an order approving
the Superpriority Secured Debtor-in-Possession Credit Agreement,
dated April 18, 2016, between the Company, as borrower, Citibank,
N.A., as administrative agent and the lender parties thereto on a
final basis.

The Debtors relate that since the entry of the Final DIP Order, the
performance of their business has exceeded projections for reasons
including, but not limited to, unanticipated industry supply
disruptions supporting a temporary significant increase in the
price of seaborne thermal and metallurgical coal in particular.  

As of September 30, 2016, approximately $500 million in DIP
Obligations remained outstanding and payable.  If the Debtors repay
these DIP Obligations prior to mid-January 2017 -- Repayment Date
-- their estates will save in excess of $12 million in interest
payments per quarter that would otherwise accrue and be payable on
account of the DIP Facilities.

Based upon the Debtors' current cash reserves and market
conditions, the Debtors have determined that they will have a cash
cushion sufficient to operate the Debtors' business during the
course of these chapter 11 cases after the Debtors repay the DIP
Obligations.

The Debtors have determined that repayment of the DIP Obligations
will not impact or require replacement of the outstanding letters
of credit issued under the DIP L/C Facility.

Following repayment of the DIP Obligations, the letters of credit
will remain outstanding and will be cash collateralized at 105% of
their face value. Accordingly, the Debtors have determined that the
letters of credit will not require replacement and do not present
an obstacle to repayment of the DIP Obligations. Further, the
Debtors have concluded that, if
required, they would be able to obtain a separate
cash-collateralized letter of credit facility at a reasonable cost.


The Debtors propose that their Motion be considered for approval at
a hearing for Dec. 14, 2016 at 10:00 a.m.  Objections, the Debtors
propose, may be filed prior to the hearing.

                    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.


PEABODY ENERGY: Seeks to Repay DIP Loans Before Maturity Date
-------------------------------------------------------------
Peabody Energy Corporation, et al., seek authority from the U.S.
Bankruptcy Court for the Eastern District of Missouri to pay in
full all obligations under the DIP Documents prior to the scheduled
maturity date of these DIP Obligations, confirm the Debtors'
continued use of cash collateral, and confirm the continuation of
the Bonding Superpriority Claims of the Bonding Beneficiaries.

Tracy Rucinski of Reuters reported that the Debtors seek court
approval to repay a $500 million term loan ahead of schedule
because it has enough cash to operate in bankruptcy thanks to a
rise in coal prices.

The terms of the DIP Credit Agreement authorize the early repayment
of the DIP Obligations, stating in relevant part:

   "The Borrower may, upon notice to the Administrative Agent,
terminate or from time to time permanently reduce the Commitments
in whole or in part; provided that (i) any such notice shall be
received by the Administrative Agent not later than 11:00 a.m., New
York City time, three (3) Business Days prior to the date of
termination or reduction..."

In the case that all obligations are repaid under Section 2.06 of
the DIP Credit Agreement, the Maturity Date under the DIP Credit
Agreement will occur.  The DIP Credit Agreement states in relevant
part "'Maturity Date' means the earliest of (a) April 18, 2017 [or]
(b) the date of termination in whole of all of the Commitments
pursuant to Section 2.06 . . .").

According to Steven N. Cousins, Esq., at Armstrong Teasdale LLP, in
St. Louis, Missouri, since the entry of the Final DIP Order, the
performance of the Debtors' business has exceeded projections for
reasons including, but not limited to, unanticipated industry
supply disruptions supporting a temporary significant increase in
the price of seaborne thermal and metallurgical coal in particular.
As of September 30, 2016, approximately $500 million in DIP
Obligations remained outstanding and payable.  If the Debtors repay
these DIP Obligations prior to mid January 2017, their estates will
save in excess of $12 million in interest payments per quarter that
would otherwise accrue and be payable on account of the DIP
Facilities, Mr. Cousins tells the Court.

Based upon the Debtors' current cash reserves and market
conditions, the Debtors have determined that they will have a cash
cushion sufficient to operate the Debtors' business during the
course of these chapter 11 cases after the Debtors repay the DIP
Obligations, Mr. Cousins adds.

The Debtors have determined that repayment of the DIP Obligations
will not impact or require replacement of the outstanding letters
of credit issued under the DIP L/C Facility.  Following repayment
of the DIP Obligations, the letters of credit will remain
outstanding and will be cash collateralized at 105% of their face
value, Mr. Cousins says.  Accordingly, the Debtors have determined
that the letters of credit will not require replacement and do not
present an obstacle to repayment of the DIP Obligations.  Further,
the Debtors have concluded that, if required, the Debtors would be
able to obtain a separate cash-collateralized letter of credit
facility at a reasonable cost.

The Debtors are also represented by Susan K. Ehlers, Esq., at
Armstrong Teasdale LLP, in St. Louis, Missouri; Heather Lennox,
Esq., at Jones Day, in Cleveland, Ohio; Amy Edgy, Esq., and Daniel
T. Moss, Esq., at Jones Day, in Washington, D.C.

                  About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine
in Australia.  In addition to its mining operations, the Company
markets and brokers coal from other coal producers, both as
principal and agent, and trade coal and freight-related contracts
through trading and business offices in Australia, China, Germany,
India, Indonesia, Singapore, the United Kingdom and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
(Bankr. E.D. Mo. Case No. 16-42529).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PEAK WEB: Needs Until February 28 to Obtain Plan Acceptances
------------------------------------------------------------
Peak Web LLC requests the U.S. Bankruptcy Court for the District of
Oregon to extend until February 28, 2017, the time within which to
obtain acceptance of its plan of reorganization.  Absent an
extension, the Debtor has until December 12, 2016 to obtain plan
votes.

The Debtor relates that it has filed its Plan of Reorganization on
October 11, 2016, and the Court has set a hearing on Debtor's
Disclosure Statement for December 8, 2016, which is only four days
before Debtor's exclusive right to obtain acceptance of its Plan
expires.  The Debtor asserts that four days is insufficient time
within which to obtain confirmation of the Plan in this case.  

The Debtor further relates that the claims bar date in this case
was October 13, 2016, which was after the date by which the Debtor
was required to file its Plan, such that 17 claims were filed after
October 11, 2016, including several administrative expense claims.
In addition, the Debtor relates that numerous parties have also
interposed objections to the Debtor's proposed Disclosure
Statement.

Accordingly, the Debtor is in the process of revising its Plan and
Disclosure Statement to address case developments and the issues
raised since the filing of the original Plan and Disclosure
Statement.

                         About Peak Web

Headquartered in Oregon, Peak Web, LLC, doing business as Peak
Hosting, is a managed-service company that provides the servers,
storage, network, datacenter, and staff for some of the largest
online businesses.  Peak's operations and engineering teams
currently support 26 customers in industries spanning online and
mobile gaming, finance, real estate, consulting, and big data
companies. Peak has 50% of its data center pre-built and ready for
new customers. This equates to about 100 racks of space, which can
accommodate approximately 2,000 additional servers for the
expansion of new and existing customers.

Peak Web sought Chapter 11 creditor protection (Bankr. D. Ore. Case
No. 16-32311) on June 13, 2016.  The petition was signed by Jeffrey
E. Papen as CEO.  The case is assigned to Judge Peter C.
McKittrick.  The Debtor estimated assets in the range of $100
million to $500 million and liabilities of up to $100 million.

The Debtor has engaged Tonkon Torp LLP as general counsel; Ropers
Majeski Kohn Bentley PC as its special counsel; and Susman Godfrey
LLP as its litigation counsel.  The Debtor retained Cascade Capital
Group, LLC as consultant and Mark Calvert as chief restructuring
officer.

Gail Brehm Geiger, acting U.S. trustee for Region 18, on June 24,
2016, appointed four creditors of Peak Web LLC to serve on the
official committee of unsecured creditors.  Lightower Fiber
Networks was appointed on June 28 to serve on the official
committee.  The Committee retained Ball Janik LLP as counsel.


PENNGOOD LLC: Unsecureds to Get $318K, Plus 60 Monthly Payments
---------------------------------------------------------------
Penngood LLC filed with the U.S. Bankruptcy Court for the District
of Columbia a disclosure statement explaining its chapter 11 plan
of organization which proposes an immediate distribution to the
creditors of $360,000, upon the effective date of the Plan, and a
payment of $216,962 over the Plan term.

Class 3 - general unsecured creditors will receive an immediate
pro-rata distribution of $318,402 upon the effective date of the
Plan sent to them directly by the debtor.  Thereafter, they will
receive a monthly pro rata distribution over the following sixty
months as follows: $2,500.00 each month beginning Jan. 1 for the
year 2017, $3,000.00 each month for the year 2018, $3,666.67 each
month for the year 2019, $4,250.00 each month for the year 2020,
and $5,000.00 each month for the year 2021, ending Dec. 31.

Class 4 - equity owner of the debtor, Mr. Clyde Penn, who will
retain his equity in the debtor, but will receive no distributions
under the Plan in return for a voluntary salary reduction from
$249,000 per year to $199,000 per year, and who will contribute an
additional $20,000 to the Class 3 creditors in monthly installments
of $372.86 for sixty months.

The debtor is actively pursuing additional accounts with Federal
agencies and is reasonably hopeful of obtaining contracts from
these agencies, including the D.C Government.

A full-text copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/dcb16-00051-90.pdf

                        About Penngood LLC

Headquartered in Washington, DC, Penngood LLC dba Penn Good and
Associates LLP derives its income primarily from government
contracts, or from work done for companies who are themselves
working on government contracts and has several promising
opportunities to acquire new accounts and to expand its business
in
this area.  It filed for Chapter 11 bankruptcy protection
(Bankr.
D.C. Case No. 16-00051) on Feb. 15, 2016, listing $1.85 million in
total assets and $4.42 million in total liabilities.  The
petition
was signed by Clyde H. Penn Jr., owner.


PHARMACYTE BIOTECH: Incurs $974,000 Net Loss in Second Quarter
--------------------------------------------------------------
Pharmacyte Biotech, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $974,551 on $0 of revenue for the three months ended Oct. 31,
2016, compared to a net loss of $1.63 million on $0 of revenue for
the three months ended Sept. 30, 2015.

For the six months ended Oct. 31, 2016, the Company reported a net
loss of $2 million on $0 of revenue compared to a net loss of $3.15
million on $0 of revenue for the six months ended Oct. 31, 2015.

As of Oct. 31, 2016, Pharmacyte had $6.73 million in total assets,
$448,990 in total liabilities and $6.28 million in total
stockholder's equity.

As of Oct. 31, 2016, the Company had an accumulated deficit of
$86,698,134.

During the six months ended Oct. 31, 2016, approximately $1.3
million of funding was provided by investors to maintain and expand
the Company's operations.  The remaining challenges, beyond the
regulatory and clinical aspects, include accessing funding for the
Company to cover its future cash flow needs.  During the six months
ended Oct. 31, 2016, the Company acquired funds through the
Company's S-3 Registration Statement pursuant to which its
exclusive placement agent, Chardan Capital Markets, LLC, sold
shares of common stock "at-the-market" or in negotiated block
trades in a program which is structured to provide up to $50
million dollars to the Company less certain commissions.

"The Company requires substantial additional capital to finance its
planned business operations and expects to incur operating losses
in future periods due to the expenses related to the Company's core
businesses.  The Company has not realized material revenue since it
commenced doing business in the biotechnology sector, and there can
be no assurance that it will be successful in generating revenues
in the future in this sector.  The Company believes that cash as of
October 31, 2016, any sales of unregistered shares of its common
stock and any public offerings of common stock the Company may
engage in will provide sufficient capital to meet its capital
requirements and to fund its operations through October 31, 2017.
However, the Company's ability to raise additional capital is
limited by its inability to use a short form registration statement
on Form S-3.  As of the date of this Report, the Company does not
meet the eligibility requirements in order for it to be able to
conduct a primary offering of its common stock under Form S-3 or to
file a new Registration Statement on Form S-3.  The Company may be
able to regain the use of Form S-3 if it meets one or both of the
eligibility criteria, including: (i) the aggregate market value of
the Company's common stock held by non-affiliates exceeds $75
million; or (ii) the common stock is listed and registered on a
national securities exchange.

"If the Company is not able to raise substantial additional capital
in a timely manner, the Company may not be able to commence or
complete its planned clinical trials and preclinical studies.

"The Company will continue to be dependent on outside capital to
fund its research and operating expenditures for the foreseeable
future.  If the Company fails to generate positive cash flows or
fails to obtain additional capital when required, the Company may
need to modify, delay or abandon some or all of its business
plans," as disclosed in the report.

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

                    https://is.gd/RCKgva

                  About PharmaCyte Biotech

PharmaCyte Biotech, Inc., formerly known as Nuvilex Inc, is
dedicated to bringing to market scientifically derived products
designed to improve the health, condition and well-being of those
who use them.  The Company is a clinical stage biotechnology
company focused on developing and preparing to commercialize
treatments for cancer and diabetes based upon a proprietary
cellulose-based live-cell encapsulation technology known as
Cell-in-a-Box.  The Company intends to use this unique and patented
technology as a platform upon which to build treatments for several
types of cancer, including advanced, inoperable pancreatic cancer,
and diabetes.

Pharmacyte reported a net loss of $6.06 million on $0 of revenue
for the year ended April 30, 2016, compared to a net loss of $9.92
million on $0 of revenue for the year ended April 30, 2015.


PINE KNOLL: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Pine Knoll Apartments, LLC
        7393 Tara Road
        Jonesboro, GA 30236

Case No.: 16-71788

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Frank G. Nason, IV, Esq.
                  LAMBERTH, CIFELLI, ELLIS & NASON, P.A.
                  1117 Perimeter Center West, Suite W212
                  Atlanta, GA 30338
                  Tel: (404) 262-7373
                  Fax: (404) 262-9911
                  E-mail: fnason@lcenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Mike Kohn, manager, STOWA Member, LLC.

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/ganb16-71788.pdf


POSITIVEID CORP: Enters Into $184K Note Purchase Agreement
----------------------------------------------------------
PositiveID Corporation closed a securities purchase agreement with
ADAR BAYS, LLC, providing for the purchase of three convertible
redeemable notes in the aggregate principal amount of $183,750,
with the first note being in the amount of $52,500, the second note
being in the amount of $52,500, and the third note being in the
amount of $78,750.

Note I has been funded, with the Company receiving $50,000 of net
proceeds (net of original issue discount).  Note II will initially
be paid for by the issuance of an offsetting $50,000 secured note
issued to the Company by the Investor, and Note III will initially
be paid for by the issuance of an offsetting $75,000 secured note
issued to the Company by the Investor.  The funding of Note II and
Note III is subject to the mutual agreement of the Investor and the
Company.  The Investor is required to pay the principal amount of
the Secured Notes in cash and in full prior to executing any
conversions under Note II and Note III.  The Notes bear an interest
rate of 10%, and are due and payable on Nov. 30, 2017. The Notes
may be converted by the Investor at any time into shares of
Company's common stock (as determined in the Notes) calculated at
the time of conversion, except for Note II and Note III, which
require full payment of the Secured Notes by the Investor before
conversions may be made.  The Notes (subject to funding in the case
of Note II and Note III) may be converted by the Investor at any
time into shares of Company's common stock at a price at a price
equal to 65% of the lowest closing bid price of the common stock as
reported on the OTC Link ATS owned by OTC Markets Group for the 15
prior trading days including the day upon which a notice of
conversion is received by the Company.

The Notes are long-term debt obligations that are material to the
Company.  The Notes may be prepaid in accordance with the terms set
forth in the Notes.  The Notes also contain certain
representations, warranties, covenants and events of default
including if the Company is delinquent in its periodic report
filings with the Securities and Exchange Commission, and increases
in the amount of the principal and interest rates under the Notes
in the event of such defaults.  In the event of default, at the
option of the Investor and in the Investor's sole discretion, the
Investor may consider the Notes immediately due and payable.

                      About PositiveID

Delray Beach, Fla.-based PositiveID Corporation has historically
developed, marketed and sold RFID systems used for the
identification of people in the healthcare market.  Beginning in
early 2011, the Company has focused its strategy on the growth of
its HealthID business, including the continued development of its
GlucoChip, its Easy Check breath glucose detection device, its
iglucose wireless communication system, and potential strategic
acquisition opportunities of businesses that are complementary to
its HealthID business.

PositiveID reported a net loss attributable to common stockholders
of $11.5 million on $2.94 million of revenues for the year ended
Dec. 31, 2015, compared with a net loss attributable to common
stockholders of $8.22 million on $945,000 of revenues for the year
ended Dec. 31, 2014.

As of Sept. 30, 2016, PositiveID had $2.61 million in total assets,
$12.93 million in total liabilities, and a total stockholders'
deficit of $10.32 million.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company reported a
net loss, and used cash for operating activities of approximately
$11,404,000 and $4,507,000 respectively, in 2015.  At Dec. 31,
2015, the Company had a working capital deficiency, a stockholders'
deficit and an accumulated deficit of approximately $10,694,000,
$11,842,000 and $144,161,000 respectively.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


QTS REALTY: Moody's Raises CFR to 'B1' on Sound Operations
----------------------------------------------------------
Moody's Investors Service upgraded QTS Realty Trust, Inc. corporate
family rating to B1 from B2 and its operating subsidiary,
QualityTech, L.P.'s, senior unsecured debt rating to B1 from B2.
The rating outlook is stable.

The ratings upgrade reflects QTS's consistently sound operating
performance, progress in growing the size of its data center
portfolio on a leverage-neutral basis, as well as improvements in
geographic and asset diversification through a combination of
acquisitions and organic growth over the past two years.
Furthermore, the upgrade incorporates Moody's expectations for
ongoing and steady improvements in the REIT's utilization on the
newly acquired Piscataway and the recently launched Chicago data
centers, which should lead to improved profitability over time.

QTS has made significant progress in growing the size and quality
of its portfolio.  The REIT doubled its adjusted gross assets to
$2.2 billion as of 3Q16 from $1.1 billion as of 1Q14.  During this
timeframe the REIT expanded its footprint to include four data
centers internationally (Canada, Netherlands, Hong Kong and the UK)
and twenty data centers across the U.S. as of Sept. 30, 2016 from a
portfolio of 10 domestic data centers at 1Q14.

Management has exhibited good operating and fiscal discipline by
maintaining sound liquidity and steady credit metrics as it managed
its growth.  The REIT's effective leverage (debt plus preferred
stock as a % of gross assets) improved to a modest 43% at 3Q16,
down from 51% at the end of 2014, supported by significant common
equity issuances over the past two years ($276 million for the
first nine months of 2016 and $369 million in 2015).  The REIT's
3Q16 net debt to EBITDA was moderate at 5.1x. Moody's expects that
leverage will be maintained around 5.5x even as QTS continues to
invest in redevelopment projects in the next 12-18 months.  All the
metrics include Moody's operating lease adjustments.

These ratings were upgraded:

   -- QTS Realty Trust, Inc. -- corporate family rating to B1 from

      B2
   -- QualityTech, L.P. -- senior unsecured rating to B1 from B2

                         RATING RATIIONALE

QTS Realty's B1 rating reflects the REIT's fully integrated
platform that offers wholesale colocation (C1), retail colocation
(C2) services, as well as cloud and managed services (C3).  The
REIT's rating is further supported by its diversified tenant base,
large unencumbered asset pool that represents nearly 98% of
adjusted gross assets and manageable near-term debt maturities.

These strengths are counterbalanced by the REIT's modest scale, and
still meaningful asset concentration.  QTS's two largest
properties, Atlanta-Metro and Atlanta-Suwanee, GA data centers
contributed 32% and 18% of the first nine months of FY2016 NOI,
respectively.  Asset concentration as measured by annualized base
rent is somewhat lower but still significant, with Atlanta-Metro
and Atlanta-Suwanee data centers contributing 26% and 16% of 3Q16
annualized rent, respectively.  The REIT's asset concentration has
improved as a result of the acquisitions and expansion of its
recently developed data centers in Dallas and Richmond over the
last two years and will continue to improve as QTS achieves higher
utilization at the recently acquired Piscataway data center and a
new facility in Chicago that was launched in July 2016.  However,
asset concentration is still significant and remains a key credit
concern, and the REIT's modest size will continue to be a
disadvantage.  QTS's upcoming lease maturities also present a
credit challenge.  Approximately 40% of the REIT's portfolio (as
defined by 3Q16 annualized rental revenue) will roll through 2017
and nearly 66% - by the end of 2018.  Due to the shorter lease
terms (up to three years) for the C2 and C3 clients, which
represent 60% of QTS's annualized rental revenues as of 3Q16, these
business segments have the potential to create cash flow volatility
versus the traditional C1 product which has lease terms of five to
ten years.

The rating outlook is stable reflecting Moody's expectation that
QTS will continue to capitalize on strong demand for outsourced
server and storage device capacity.  The stable rating outlook also
incorporates our expectation that QTS will continue to prudently
grow and diversify while maintaining steady to improving leverage,
adequate liquidity and improving profitability margins over time.

To achieve an upgrade, QTS will need to demonstrate its ability to
profitably grow its asset base while significantly improving asset
diversity.  To the extent asset concentration and scale concerns
are effectively mitigated, upward ratings momentum could develop if
QTS improves and sustains its EBITDA margin at 50%, maintains fixed
charge coverage above 4.5x and sustain net debt/EBITDA under 5x
(including Moody's operating lease adjustment).

The rating would be lowered if QTS's financial performance were to
deteriorate such that net debt to EBITDA rose above 6.5 times
(including Moody's operating lease adjustment) or EBITDA margin
declined to 40%.  QTS ratings could be downgraded if the REIT
experiences higher than expected churn and customer defections, or
if industry oversupply results in competitive pricing pressures and
deterioration in profitability or strained liquidity.  Large debt
financed acquisitions could also result in a ratings downgrade.

Moody's last rating action with respect to QTS was on July 10,
2014, when the rating agency assigned a B2 CFR to QTS Realty Trust,
Inc. and B2 rating to QualityTech, L.P.'s senior unsecured bond,
with stable outlook.

The principal methodology used in this rating was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.

QTS Realty Trust, Inc. [NYSE: QTS], headquartered in Overland Park,
Kansas, USA, is a data center REIT with a fully integrated platform
that offers wholesale colocation services, retail colocation
services to its customers, as well as cloud and managed services.
QTS owns, operates or manages 24 data centers in North America,
Europe and Asia Pacific as of Sept. 30, 2016.


QUATTRO EXPLORATION: Claims Bar Date Set for December 21
--------------------------------------------------------
The Court of Queen's Bench of Alberta ordered that Hardie & Kelly
Inc., the court-appointed monitor of QUATTRO Exploration and
Production, assist the company with conducting a claims procedure
with respect to claims against the Company and its present and
former directors and officers.

All proofs of claim must be filed on Dec. 21, 2016, at 5:00 p.m.
(Mountain Time).  The claims procedure order, the claims package,
additional proofs of claim and related materials may be accessed
from the monitor's website at:

    http://insolvency.net/quattro-exploration-production-ltd/

There is currently no proposed plan under the Companies' Creditors
Arrangement Act or any other contemplated distribution

The monitor can be reached at:

   Hardie & Kelly Inc.
   110, 5800 - 2nd Street SW
   Calgary, AB T2H 0H2
   Attention: Charla Smith
   Tel: 403-536-8506
   Fax: 403-640-0591
   Email: quattroclaims@insolvency.net

Based in Calgary, Canada, QUATTRO Exploration and Production Ltd.
-- http://www.qxp-petro.com-- explores and develops oil and gas
properties.


QVL PHARMACY: Hires KCP Advisory's Jacen Dinoff as CRO
------------------------------------------------------
QVL Pharmacy Holdings, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Massachusetts to employ Jacen
Dinoff of KCP Advisory Group, LLC as chief restructuring officer to
the Debtor.

QVL Pharmacy requires Jacen Dinoff of KCP Advisory to:

   a. prepare any further amendments to the Debtor's Schedules
      of Assets and Liabilities and Statement of Financial
      Affairs;

   b. assist in the preparation of The Office of the United
      States Trustee's Monthly Operating Reports;

   c. provide financial and background information of the Debtor
      necessary for the approval of the Debtor's Third Amended
      Plan of Reorganization  and, subject to confirmation, serve
      as liquidating trustee under the  Third Amended Plan of
      Reorganization;

   d. assist with the claims resolution process;

   e. oversee the continued retention of the Debtor's books,
      records and intellectual property; and

   f. analyze of the collectability of Debtor's accounts
      receivable.

KCP Advisory will be paid at these hourly rates:

     Jacen Dinoff                  $300
     Other Professionals           $225-$275

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

Jacen Dinoff, member of KCP Advisory 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.

KCP Advisory can be reached at:

     Jacen Dinoff
     KCP ADVISORY GROUP, LLC
     2400 District Avenue, Suite 215
     Burlington, MA 01803
     Tel: (781) 313-8123
     E-mail: jdinoff@kcpadvisory.com

                        About QVL Pharmacy

QVL Pharmacy Holdings, Inc., based in Boston, Massachusetts, filed
a Chapter 11 petition (Bankr. D. Mass. Case No. 15-14983) on Dec.
29, 2015. Prior to the Petition Date, the Debtor operated a chain
of retail pharmacies in Texas and Louisiana specializing in
hard-to-find medications (including controlled medications) and
dispensing written prescriptions. By December 31, 2014, the Debtor
had closed or sold all of its operating pharmacies and now has a
plan to develop its intellectual property and knowhow into a
software product for sale or license to retail pharmacies.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities. The petition was signed by Chad
Collins, director.

The Hon. Frank J. Bailey presides over the case.

The Debtor is represented by Stephen F. Gordon, Esq., Todd B.
Gordon, Esq., and Katherine P. Lubitz, Esq., at The Gordon Law Firm
LLP. The Debtor has tapped Robert P. Mahoney at Hillcrest Capital
as Chief Restructuring Officer.

No Official Committee of Unsecured Creditors was appointed in this
case.


RAILYARD COMPANY: Trustee's Bid to Junk Equity Partners' Suit OK'd
------------------------------------------------------------------
Judge William P. Johnson of the United States District Court for
the District of New Mexico granted Craig Dill's motion to dismiss
the case captioned STEVE DURAN et al., Plaintiffs, v. CRAIG DILL,
Chapter 11 Trustee, Defendant, Case No. 1:16-cv-00928-WJ-KK
(D.N.M.).

The plaintiffs, Steve Duran, David Duran, and Rick Jaramillo are
equity partners of the debtor, the Railyard Company, LLC, of Santa
Fe, New Mexico.

On June 15, 2016, the United States Trustee filed its Amended
Application for Approval of Appointment of Chapter 11 Trustee
wherein it requested the Bankruptcy Court's approval of the
appointment of Mr. Dill as Chapter 11 Trustee.

The plaintiffs filed a Complaint for Breach of Fiduciary Duty in
the district court on August 15, 2016, alleging that Craig Dill,
who was appointed as the Chapter 11 Trustee for the debtor's
bankruptcy estate, breached his fiduciary duties because he is "not
disinterested."  The plaintiffs requested that the court rescind
Dill's appointment as Chapter 11 Trustee.

In the Complaint, the plaintiffs claimed that Dill is not a
disinterested person because he has materially adverse interests
indicated by his allegedly prejudiced statements against the
plaintiffs and the Railyard Company.  The plaintiffs insisted that
Dill's numerous prejudiced statements against the interests of the
plaintiffs and the Railyard Company, as well as his dependency on
income from the Office of the U.S. Trustee render him far from
disinterested and thus unqualified to serve as Chapter 11 Trustee.

Dill filed a Motion to Dismiss for Failure to State a Claim on
October 26, 2016.  Dill made four principal arguments in support of
his Motion to Dismiss:

     (1) For failure to state a claim under Fed. R. Civ. P. 12(b)
         (6) based on the quasi-judicial immunity of Dill as an
         officer of the Court.

     (2) For lack of subject matter jurisdiction pursuant to Fed.
         R. Civ. P. 12(b)(1) for failure to obtain the Bankruptcy  
       
         Court's permission to sue a bankruptcy trustee.

     (3) For insufficient process under Fed. R. Civ. P. 12(b)(4)
         for failure to obtain a proper summons.

     (4) For insufficient service of process under Fed. R. Civ.
         P. 12(b)(5) for failure to serve a proper summons and
         complaint on Dill.  

Judge Johnson agreed with Dill that, as Trustee, he is immune from
suit.  The judge held that the plaintiffs' claims against Dill are
barred because he is entitled to quasi-judicial immunity as an
officer of the Court.  More specifically, the judge stated that
Dill enjoys quasi-judicial immunity from suit for acts committed
within the scope of his official duties and, even accepting all
factual allegations as true, the Complaint does not allege he
committed any acts outside those duties.

Judge Johnson also found that the District Court has no subject
matter jurisdiction over the case under a doctrine articulated by
the United States Supreme Court in Barton v. Barbour, 104 U.S. 126,
136 (1881).   The Barton doctrine requires that "before suit is
brought against a receiver leave of the court by which he was
appointed must be obtained."  The judge found that, as Mr. Dill
noted, there is no evidence or argument showing that the plaintiffs
sought permission from the District Court or the Bankruptcy Court
to sue Dill based on acts allegedly done in Dill's capacity as
Trustee.  Moreover, the judge also stated that, as alleged in the
Complaint, each of Dill's acts that the plaintiffs challenged
occurred in Dill's official capacity as Trustee.

In support of its third argument, Dill argued that no summons has
been issued by the Clerk of the District Court, so the plaintiffs
have failed to comply with the Federal Rules of Civil Procedure and
process is insufficient. Judge Johnson agreed, and dismissed the
Complaint under Fed. R. Civ. P. 12(b)(4), which provides the basis
for dismissal based on insufficient process.  The judge noted that
to date, the docket does not reflect that a proper summons has been
issued by the Clerk of this Court.

Lastly, Judge Johnson held that Dill correctly pointed out that
Fed. R. Civ. P. 4(c) requires that a summons must be served with a
copy of the Complaint.  Because no summons has been issued by the
Clerk, the judge concluded that service of the summons and
Complaint cannot have been made upon Dill.

A full-text copy of Judge Johnson's November 16, 2016 memorandum
opinion is available at https://is.gd/qpLxYU from Leagle.com.

Craig Dill is represented by:

          Leslie D. Maxwell, Esq.
          Thomas D. Walker, Esq.
          WALKER & ASSOCIATES, P.C.
          500 Marquette NW Suite 650
          Albuquerque, NM 87102
          Tel: (505)766-9272
          Email: lmaxwell@walkerlawpc.com
                 twalker@walkerlawpc.com

               About Railyard Company

Railyard Company, LLC, owns and developed two-story Market Station
that houses the REI sporting goods store and other tenants.  It
filed a Chapter 11 petition (Bankr. D. N.M. Case No. 15-12386) on
Sept. 4, 2015.  The petition was signed by Richard Jaramillo as
managing member.  The Debtor is represented by William F. Davis,
Esq., at William F. Davis & Associates, P.C., as counsel.

The Debtor's Chapter 11 petition says the Company has about $11.2
million in debts and $13.8 million in assets.


RANCHO PALOMITA: Hearing on Plan Disclosures To Be Held on Jan. 17
------------------------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona has scheduled for Jan. 17, 2016, at 1:30 p.m., the
hearing to consider the approval of Rancho Palomita Advisors, LLC's
first amended disclosure statement dated Nov. 7, 2016, referring to
the Debtor's plan of reorganization.

Objections to the Disclosure Statement must be filed no later than
five business days prior to the hearing.

As reported by the Troubled Company Reporter on Nov. 17, 2016, the
Debtor filed with the Court a first amended disclosure statement
for the Debtor's first amended plan of reorganization dated Nov.
7,
The Amended Plan provides for a new class of claims -- Class Five
(Secured Claim of the Town of Marana) -- consisting of the allowed
secured claim of Marana to the extent of the value of the secured
creditor's interest in the Debtor's interest in the real property
with a secured lien on 7702 W. Tangerine Road, in Marana, Arizona.

               About Rancho Palomita

Rancho Palomita Advisors, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. D. Ariz. Case No. 16-04036) on April 14, 2016.
The petition was signed by Richard A. Spross, managing member.

The Debtor is represented by Eric Slocum Sparks, Esq., at Eric
Slocum Sparks PC.  The case is assigned to Judge Scott H. Gan.

The Debtor disclosed zero assets and total debts of $1.62 million.

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


RECYCLING GROUP: Hires Statman Harris as Bankruptcy Counsel
-----------------------------------------------------------
Recycling Group, Ltd, seeks authority from the U.S. Bankruptcy
Court for the Southern District of Ohio to employ Statman Harris &
Eyrich LLC as bankruptcy counsel to the Debtor.

Recycling Group requires Statman Harris to:

   (a) advise the Debtor with respect to their rights, powers,
       and duties in this case;

   (b) advise and assist the Debtor in the preparation of their
       petition, schedules, and statement of financial affairs;

   (c) assist and advise the Debtor in connection with the
       administration of the case;

   (d) analyze the claims of the creditors in the case, and
       negotiate with such creditors;

   (e) investigate the acts, conduct, assets, rights,
       liabilities, and financial condition of the Debtor;

   (f) advise and negotiate with respect to the sale of any or
       all assets of the Debtor;

   (g) investigate, file, and prosecute litigation of behalf of
       the Debtor;

   (h) propose a plan of reorganization;

   (i) appear and represent the Debtor at hearings, conferences,
       and other proceedings;

   (j) prepare and review motions, applications, orders, and
       other pleadings filed with the Court;

   (k) institute or continue any appropriate proceedings to
       recover assets of the estate; and

   (l) perform any and all other legal services as may be
       required that are in the best interest of the estate or
       its creditors.

Statman Harris will be paid at these hourly rates:

     Partners               $225-$500
     Associates             $150-$395
     Paraprofessionals      $80-$110

Statman Harris will be paid a retainer in the amount of $15,000.

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

Alan J. Statman, member of Statman Harris & Eyrich 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.

Statman Harris can be reached at:

     Alan J. Statman, Esq.
     STATMAN HARRIS & EYRICH LLC
     3700 Carew Tower, 441 Vine Street
     Cincinnati, OH 45202
     Tel: (513) 621-2666
     Fax: (513) 621-4896
     E-mail: ajstatman@statmanharris.com

                     About Recycling Group

Recycling Group, Ltd., filed a chapter 11 petition (Bankr. S.D.
Ohio Case No. 16-14347) on Nov. 21, 2016. The petition was signed
by Michael A. Story, managing member. The case is assigned to Judge
Jeffrey P. Hopkins.

Recycling Group is a company located in Cincinnati, Ohio, that
employs up to eight individuals in its recycling business. Michael
A. Story is the managing member of Recycling Group and is the
majority owner. Mr. Story is also the managing member and majority
owner of MHM Holdings, LLC.

MHM Holdings, a debtor in Case No. 16-14345, owns the real estate
at which the Debtor operates.

Recycling Group estimated assets and liabilities at $1 million to
$10 million at the time of the filing.

Recycling Group is represented by William B. Fecher, Esq. and Alan
J. Statman, Esq., at Statman, Harris & Eyrich, LLC.



RELIABLE HUMAN: Dec. 15 Hearing to Determine PCO Appointment Set
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Minnesota will hold a
hearing on December 15, 2016, to determine whether the appointment
of a patient care ombudsman is not necessary for the protection of
the clients of Debtor Reliable Human Services, Inc.

The Court noted that any response or objection to the Debtor's
motion for determination that a patient care ombudsman is not
necessary must be filed no later than December 9, unless a response
or objection opposing the motion is timely filed, the court may
grant the motion without a hearing.

The Debtor asserts that appointment of a patient care ombudsman is
not necessary to protect the its clients.  The Debtor relates that
its bankruptcy filing was caused by tax liabilities.  The Debtor
says there is no indication of poor patient care that contributed
in any way to the filing of Chapter 11.  In addition, the Debtor
does not maintain any facilities to perform services for clients.
The Debtor is subject to Medicare inspections in connection with
the maintenance of its Medicare certification. Thus, under the
present circumstances, the Debtor believes that a patient care
ombudsman is not necessary to protect its clients.

The Debtor is represented by:

          Steven B. Nosek, Esq.
          STEVEN B. NOSEK, P.A.
          2855 Anthony Lane South, Suite 201
          St. Anthony, MN 55418
          Tel.: (612) 335-9171
          Email: snosek@noseklawfirm.com

              About Reliable Human Services

Reliable Human Services, Inc. filed a Chapter 11 petition (Bankr.
D. Minn. Case No. 16-43368) on November 15, 2016.


RICHARD DADASIEWICZ: Plan Outline Okayed, Plan Hearing on Jan. 11
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Arizona will consider
initial confirmation of the Chapter 11 plan of Richard James and
Denise Dadasiewicz at a hearing on January 11, at 10:00 a.m.

The hearing will be held at Courtroom 446, 38 South Scott Avenue,
Tucson, Arizona.

The court had earlier approved the Debtors' disclosure statement,
allowing them to start soliciting votes from creditors.  

The November 17 order fixed the last day for casting votes and for
filing objections to the plan at five business days prior to the
hearing.

Under the proposed plan, each holder of Class 5 general unsecured
claim will receive its pro rata share of monthly payments of $100
for a period of 60 months.  The first payment will commence the
first full month following the effective date of the plan.

                About Richard James Dadasiewicz

Richard James and Denise Dadasiewicz filed for Chapter 11
bankruptcy protection (Bankr. D. Ariz. Case No. 15-13022) on Oct.
12, 2015.  The Debtors are represented by C.R. Hyde, Esq., at the
Law Offices of C.R. Hyde, PLC.  The case is assigned to Judge
Brenda Moody Whinery.


RICHARD SAMUEL LOPEZ: Disclosures OK'd; Plan Hearing on Jan. 19
---------------------------------------------------------------
The Hon. Scott H. Yun of the U.S. Bankruptcy Court for the Central
District of California has approved Richard Samuel Lopez's first
amended disclosure statement describing the first amended Chapter
11 plan of reorganization dated Sept. 23, 2016.

A hearing to consider the confirmation of the Plan will be held on
Jan. 19, 2017, at 1:30 p.m.

Ballots and objections to the plan confirmation are due by Dec. 22,
2016.

The ballot summary and confirmation brief are due by Dec. 29,
2016.

Oppositions to the confirmation are due by Jan. 12, 2017.

Richard Samuel Lopez filed for Chapter 11 bankruptcy protection
(Bankr. C.D. Cal. Case No. 15-17262) on July 21, 2015.


RICK KHOMAL BENISASIA: CarMax's Loan To Be Paid in Full
-------------------------------------------------------
Rick Khomal and Prabhjot Kaur Benisasia filed with the U.S.
Bankruptcy Court for the Southern District of Florida a first
amended disclosure statement dated Nov. 21, 2016, for the Debtors'
plan of reorganization filed on Nov. 21, 2016.

Class 2- Allowed Secured CarMax Business Services, LLC, Claim are
unimpaired and not entitled to vote to accept or reject Plan.  On
the Effective Date, Class 2 will continue to receive payment in
accordance with the loan documents, as the Debtor is current on the
loan, in the amount of $650.32 until paid in full.  The Debtors
will maintain insurance on this property in accordance with U.S.
Trustee Guidelines.

Funds to be used to make cash payments under the Plan shall derive
from income of the Debtors. This income will derive on a 1099 basis
from the continued operation of Seaspray which owns a hotel
property on the ocean in Palm Beach County, Florida. To the extent
that this property is foreclosed upon or sold, the Debtors will
re-enter the workforce based upon their prior experience in real
estate, business, accounting, mortgage, and computer programming as
well as prior experience with managing a marina and thereby
generate income.  During any "lag time" between the loss of the
Seaspray property and the start of the new businesses and income
therefrom, the Debtors will be relying upon their mother (who is
independently wealthy) who is ready, willing and able, to support
them and this Plan and will execute an affidavit or support.

The First Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/flsb16-11593-79.pdf

                      About The Benisasias

Rick Khomal and Prabhjot Kaur Benisasia are residents of Palm Beach
County, Florida, who own and manage Seaspray Resort, Ltd.

Seaspray, a company previously in bankruptcy, owns a commercial
property and operates as a hotel and resort facility, which the
Debtors manage, with restaurant space and one manager's apartment.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Fla. Case No. 16-11593) on Feb. 3, 2016.


ROBERT LEE ALDERMAN: Plan Outline Okayed, Plan Hearing on Jan. 19
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
will consider approval of the Chapter 11 plan of reorganization of
Robert Lee and Noni Elizabeth Alderman at a hearing on January 19,
at 1:00 p.m.

The court had earlier approved the Debtors' disclosure statement,
allowing them to start soliciting votes from creditors.  

The November 17 order set a December 30 deadline for creditors to
cast their votes and file their objections.

                       About The Aldermans

Robert Lee Alderman aka Robert L. Alderman and Noni Elizabeth
Alderman aka Noni E. Alderman filed for bankruptcy protection
(Bankr. C.D. Calif. Case No. 14-12922).  The Debtors are
represented by:

     Philip D. Dapeer, Esq.
     PHILIP D. DAPEER
     A Law Corporation
     2625 Townsgate Road, Suite 330
     Westlake Village, California 91361-5749
     Tel: (323) 954-9144
     Fax: (323) 954-0457


ROBERT THOMAS LAMPE: To Fund Plan Through Businesses, Employment
----------------------------------------------------------------
Robert Thomas Lampe, Mariah Farms, Inc., and Whirlwind Farms, Inc.,
filed with the U.S. Bankruptcy Court for the District of Kansas a
combined disclosure statement dated Nov. 21, 2016, referring to the
Debtors' plan of reorganization.

The Disclosure Statement did not provide any information regarding
recovery of creditors.  The Debtors propose to fund the execution
of the Plan by continuing the Debtors' businesses and employments,
and to make the payments provided for under the Plan out of the
income arising from the activities.  

The Disclosure Statement is available at:

           http://bankrupt.com/misc/ksb16-10621-161.pdf

Robert Thomas Lampe has been involved in farming all of his life.
At the age of 14, he purchased his first real estate and still owns
and farms that tract.  His father, John, worked with him farming
until John passed away in 1984.  In 1978, Mr. Lampe formed
Whirlwind Farms, Inc.  Mr. Lampe is the sole officer, director, and
stockholder of Whirlwind.  In 1993, Mr. Lampe and his mother,
Clara, formed Mariah Farms, Inc., a Sub-Chapter S corporation for
federal income tax purposes.  Clara passed away in 2008 and after
her death, Mr. Lampe became and remains the sole officer, director,
and stockholder of Mariah.  Mr. Lampe will retain all of his
capital stock in Mariah and in Whirlwind under the Plan.

The Debtors produce crops and livestock near Kendall, Kansas.  In
addition to farming the real estate which the Debtors own, the
Debtors also farm 3,274 acres of cropland and lease an additional
700 acres of pasture as part of their livestock operations.

Mr. Lampe filed for Chapter 11 bankruptcy protection (Bankr. D.
Kan. Case No. 16-10621) on April 12, 2016.

Headquartered in Kendall, Kansas, Mariah filed for Chapter 11
bankruptcy protection (Bankr. D. Kan. Case No. 16-10622) on April
12, 2016, estimating its assets and liabilities at between $1
million and $10 million each.

Headquartered in Kendall, Kansas, Whirlwind filed for Chapter 11
bankruptcy protection (Bankr. D. Kan. Case No. 16-10623) on April
12, 2016, estimating its assets and liabilities at between $1
million and $10 million each.  

Judge Robert E. Nugent presides over the cases.

David R. Klaassen, Esq., who has an office in Marquette, Kansas,
serves as the Debtors' bankruptcy counsel.

The petitions were signed by Robert Thomas Lampe, president.

On June 9, 2016, the Court ordered that the cases be jointly
administered.


ROWAN COMPANIES: Moody's Assigns B1 Rating on New $400MM Sr. Notes
------------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Rowan Companies,
Inc.'s proposed $400 million senior notes.  Net proceeds from the
new notes and balance sheet cash will be used to fund a $750
million tender offer for the existing $358 million 5% senior notes
due 2017, a portion of the 7.875% senior notes due 2019 subject to
a $100 million cap, a portion of the 4.875% senior notes due 2022
subject to a $235 million cap, and a portion of the 4.75% senior
notes due 2024 subject to a $50 million cap.  All existing ratings,
including the B1 Corporate Family Rating (CFR), are unchanged and
the outlook remains stable.  Moody's ratings are subject to review
of all final documentation, and the final amount of tendered notes
and new notes issuance.

"The successful closing of the senior notes offering and the
concurrent tender offer will result in a modest reduction in debt
balances and improve Rowan's debt maturity profile," said Amol
Joshi, Moody's Vice President.  "The weak fundamentals associated
with the offshore drilling market exacerbated by the subdued
commodity price outlook continue to constrain Rowan's ratings."

                          RATINGS RATIONALE

The new $400 million senior notes will be pari passu with the
company's existing and future senior indebtedness.  Additionally,
the new notes will have a Change of Control provision.  The new
senior notes as well as the existing senior notes are each rated
B1, consistent with the CFR.  The company's revolving credit
facility is also unsecured and pari passu with the senior notes.

Rowan's B1 CFR reflects the high likelihood that Rowan's cash flow
and leverage metrics will significantly deteriorate as existing
contracts roll-off, combined with the muted outlook for utilization
rates and dayrates at least through 2018.  The rating is supported
by Rowan's business profile, which is underpinned by its leading
market position as a provider of high-specification and premium
jackup drilling rigs to the offshore market.  The company has a
reputation for its operational expertise and for having a
relatively young rig fleet that is geographically well-diversified.
A joint venture with Saudi Aramco will own, operate and manage
jack-up drilling rigs in Saudi Arabia, which is anticipated to
commence operations in the second quarter of 2017. The company's
diversification into the ultra-deepwater drillship market beginning
in 2014 has long term benefits in a more stable offshore drilling
rig demand environment.  Rowan's anticipated cash flow in 2017 and
beyond could be dented by further contract cancellations or "blend
and extend" type contract renegotiations.

Rowan's SGL-1 Speculative Grade Liquidity Rating reflects our
expectation that the company will maintain very good liquidity
through 2017.  With no new builds to be funded, the company's
capital expenditure requirements will remain at maintenance levels
and can be comfortably funded using operating cash flow or cash
balances.  External liquidity is available through a revolving
credit facility with a $1.5 billion borrowing capacity through Jan.
23, 2019, dropping to $1.44 billion through Jan. 23, 2020, and to
$1.29 billion through Jan. 23, 2021.  As of Nov. 1, 2016, the
company had over $1.2 billion in cash and full availability under
the revolving credit facility which we expect to remain undrawn
through 2017.  The credit facility requires that the company's
debt-to-book capitalization ratio remain below 60%, which Rowan was
in compliance at Sept. 30, 2016, with a ratio of 34%.  Pro forma
for the proposed issuance and the concurrent tender offer, there
are no debt maturities until 2019 when the 7.785% senior notes
mature, and we do not expect Rowan to encounter difficulty in
complying with its covenants through 2017. While challenging given
the market conditions for offshore drilling rigs, additional
liquidity could be provided from asset sales as the company's
assets are not pledged as collateral to any of its debt.

The stable outlook reflects Rowan's very good liquidity, including
its significant cash balances.  The ratings could be downgraded if
EBITDA to interest expense cannot be sustained above 2x with no
near-term catalyst for improvement.  Any material leveraging
acquisition could lead to a possible downgrade.  An upgrade could
be considered if the debt/EBITDA ratio can be sustained below 5x in
a stable to improving industry environment.

The principal methodology used in this rating was Global Oilfield
Services Industry Rating Methodology published in December 2014.

Rowan is a global provider of offshore contract drilling services.


ROWAN COS: S&P Lowers CCR to 'B+'; Outlook Stable
-------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Rowan
Cos. Inc. to 'B+' from 'BB'.  The outlook is stable.

At the same time, S&P lowered its issue-level rating on the
company's senior unsecured debt to 'B+' from 'BB'.  The recovery
rating on this debt is '4', reflecting S&P's expectation of
meaningful (30% to 50%, upper half of the range) recovery to
creditors in the event of a payment default.

S&P has also assigned a 'B+' issue-level rating and '4' recovery
rating to the company's proposed $400 million senior unsecured
notes issue due 2025.

"The downgrade reflects our revised assessment for Rowan's business
risk profile and our revised utilization assumptions for the
company's uncontracted fleet, which results in higher leverage than
we had previously anticipated in 2018 and 2019," said S&P Global
Ratings credit analyst Carin Dehne-Kiley.

Although Rowan has taken steps to respond to the market downturn,
such as reducing operating costs and capital spending, and entering
into "blend and extend" agreements for some of its contracted rigs,
entering into a joint venture with Saudi Aramco and redeeming
medium-term debt, S&P believes demand for offshore contract
drilling services will remain oversupplied and depressed until at
least late 2019.

The stable rating outlook on Rowan reflects S&P's expectation that
the company's credit measures will remain appropriate for the
rating over at least the next 12-18 months.  S&P projects that
FFO/debt will be in the 25% to 30% range in 2016, dropping to below
12% next year as utilization and dayrates decline.

S&P would consider a downgrade if the company's FFO/debt fell and
remained well below 12% without a clear path to improvement, or if
liquidity deteriorated.  This would most likely occur if the
company's fleet utilization was lower than S&P's current
expectation in 2018 and 2019.

S&P could raise the rating if it expected Rowan to maintain
FFO/debt to remain above 12% for a sustained period, which would
most likely occur in conjunction with an offshore drilling
recovery.



RYCKMAN CREEK: Hires Todd Moser as Chief Financial Officer
----------------------------------------------------------
Ryckman Creek Resources, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ Todd Moser
as chief financial officer to the Debtors.

Todd Moser's primary place of employment is in Harris County,
Texas.

Todd Moser will receive a minimum annualized base salary of
$215,000, and a bonus compensation of up to 35% of his base
salary.

Ryckman Creek Resources, LLC is represented by:

     Sarah E. Pierce, Esq.
     Alison M. Keefe, Esq.
     One Rodney Square
     SKADDEN ARPS SLATE MEAGHER & FLOM LLP
     Wilmington, DE 19899-0636
     Tel: (302) 651-3000
     Fax: (302) 651-3001

                    About Ryckman Creek Resources, LLC

Formed on Sept. 8, 2009, Ryckman Creek Resources, LLC, is engaged
in the acquisition, development, marketing, and operation of a
Natural gas storage facility known as the Ryckman Creek Facility.

The Ryckman Creek Facility is a depleted crude oil and natural gas
reservoir located in Uinta County, Wyoming. The Company began
development of the reservoir into a natural gas storage facility in
2011. The Ryckman Creek Facility began commercial operations in
late 2012 and received injections of customer gas and gas purchased
by the Company. The Debtors have approximately 35 employees.

Ryckman Creek Resources, LLC, Ryckman Creek Resources Holdings LLC,
Peregrine Rocky Mountains LLC and Peregrine Midstream Partners LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
16-10292 to 16-10295) on Feb. 2, 2016. The petitions were signed by
Robert Foss as chief executive officer. Kevin J. Carey has been
assigned the case.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as management provider, Evercore
Group LLC as investment banker, and Kurtzman Carson Consultants LLC
as claims and noticing agent.

On April 11, 2016, Ryckman Creek Resources, LLC, disclosed total
assets of more than $205 million and total debts of more than
$391.2 million.

On February 12, 2016, the Office of the United States Trustee
appointed an Official Committee of Unsecured Creditors. Counsel for
the Committee are Greenberg Traurig, LLP's Dennis A. Meloro, Esq.,
David B. Kurzweil, Esq., and Shari L. Heyen, Esq. The Committee
retained Alvarez & Marsal, LLC, as financial advisors.



RYCKMAN CREEK: Hires William A. Lang as Chief Executive Officer
---------------------------------------------------------------
Ryckman Creek Resources, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ William A.
Lang as chief executive officer to the Debtors.

The Debtors' prior CEO, Robert Foss, gave notice of his resignation
on August 31, 2016, and his employment terminated. To preserve the
benefits of the institutional knowledge Mr. Foss attained while
employed by the Debtors and to assist in transitioning to new
management, the Debtors negotiated a separation and consulting
agreement with Mr. Foss.

Mr. Lang will be paid an annualized base salary of $360,000, and a
bonus compensation of up to 50% of the base salary.  He will
receive a signing bonus of $40,000.

Ryckman Creek Resources, LLC is represented by:

     Sarah E. Pierce, Esq.
     Alison M. Keefe, Esq.
     SKADDEN ARPS SLATE MEAGHER & FLOM LLP
     One Rodney Square
     Wilmington, DE 19899-0636
     Tel: (302) 651-3000
     Fax: (302) 651-3001

                    About Ryckman Creek Resources, LLC

Formed on Sept. 8, 2009, Ryckman Creek Resources, LLC, is engaged
in the acquisition, development, marketing, and operation of a
Natural gas storage facility known as the Ryckman Creek Facility.

The Ryckman Creek Facility is a depleted crude oil and natural gas
reservoir located in Uinta County, Wyoming. The Company began
development of the reservoir into a natural gas storage facility in
2011. The Ryckman Creek Facility began commercial operations in
late 2012 and received injections of customer gas and gas purchased
by the Company. The Debtors have approximately 35 employees.

Ryckman Creek Resources, LLC, Ryckman Creek Resources Holdings LLC,
Peregrine Rocky Mountains LLC and Peregrine Midstream Partners LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
16-10292 to 16-10295) on Feb. 2, 2016. The petitions were signed by
Robert Foss as chief executive officer. Kevin J. Carey has been
assigned the case.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as management provider, Evercore
Group LLC as investment banker, and Kurtzman Carson Consultants LLC
as claims and noticing agent.

On April 11, 2016, Ryckman Creek Resources, LLC, disclosed total
assets of more than $205 million and total debts of more than
$391.2 million.

On February 12, 2016, the Office of the United States Trustee
appointed an Official Committee of Unsecured Creditors. Counsel for
the Committee are Greenberg Traurig, LLP's Dennis A. Meloro, Esq.,
David B. Kurzweil, Esq., and Shari L. Heyen, Esq. The Committee
retained Alvarez & Marsal, LLC, as financial advisors.



SAMSON RESOURCES: U.S. Interior Dept. Objects to Plan Disclosures
-----------------------------------------------------------------
The American Bankruptcy Institute, citing Casey Smith of Tulsa
World, reported that the U.S. Department of the Interior filed an
objection to the disclosure statement explaining the plan that
Samson Resources' creditors have proposed for the company.

According to the report, among the Interior Department's objections
is the failure to disclose which wells could be abandoned under the
plan and how the plan intends to address Samson's decommissioning
and environmental obligations.

The plan states that Samson's hydrocarbon interests "shall be
divested, sold, or otherwise disposed of at the sole discretion of
the Plan Administrator" or "abandoned on the effective date," the
report related.

The Department of the Interior's objection states that without this
specific information, creditors cannot determine how their claims
may be affected and lack the facts necessary to weigh the Committee
of Unsecured Creditors' plan against its alternatives, the report
further related.

                About Samson Resources Corporation

Samson Resources Corporation, et al., filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Lead Case No. 15-11934) on Sept. 16,
2015.  Philip W. Cook, the executive vice president and CFO,
signed the petition.  The Debtors estimated assets and liabilities
of
more than $1 billion.

Samson is an onshore oil and gas exploration and production
company with interests in various oil and gas leases primarily
located in
Colorado, Louisiana, North Dakota, Oklahoma, Texas, and Wyoming.
The Operating Companies operate, or have royalty or working
interests in, approximately 8,700 oil and gas production sites.

Samson was acquired by KKR and Crestview from Charles Schusterman
in December 2011 for approximately $7.2 billion.  The investor
group provided approximately $4.1 billion in equity investments as
part of the purchase price.

Kirkland & Ellis LLP represents the Debtors as general counsel.
Klehr Harrison Harvey Branzburg LLP is the Debtors' local counsel.

Alvarez & Marsal LLC acts as the Debtors' financial advisor.
Blackstone Advisory Partners L.P. serves as the Debtors'
Investment
banker.  Garden City Group, LLC, serves as claims and noticing
agent to the Debtors.

Andrew Vara, acting U.S. trustee for Region 3, appointed three
creditors of Samson Resources Corp. and its affiliated debtors to
serve on the official committee of unsecured creditors.  The
Committee has tapped White & Case LLP as counsel and Farnan LLP as
local counsel.

                            *     *     *

In September 2016, Judge Sontchi denied Samson Resources' Motion
for extension of their exclusive periods to file and solicit
acceptances of their chapter 11 plan.  Samson sought an extension
of its exclusivity period by another six months through March
2017.

The Debtors have filed a plan of reorganization.  The Creditors'
Committee has filed a competing plan of liquidation.


SERVICE EMPLOYEES: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Service Employees International Union - Texas
           dba SEIU - Texas
           fdba SEIU Local 5
        4299 San Felipe St., Suite 2000
        Houston, TX 77027

Case No.: 16-20483

Type of Debtor: Labor Organization

Chapter 11 Petition Date: December 3, 2016

Court: United States Bankruptcy Court
       Southern District of Texas (Corpus Christi)

Judge: Hon. David R Jones

Debtor's Counsel: Benjamin Warren Hugon, Esq.
                  MCKOOL SMITH PC
                  600 Travis St, Ste 7000
                  Houston, TX 77002
                  Tel: 713-485-7312
                  E-mail: bhugon@mckoolsmith.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Elsa Caballero, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txsb16-20483.pdf


SHANNON WOODS: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Shannon Woods Apartments, LLC
        100 Sunrise Court
        Union City, GA 30291

Case No.: 16-71790

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Frank G. Nason, IV, Esq.
                  LAMBERTH, CIFELLI, ELLIS & NASON, P.A.
                  1117 Perimeter Center West, Suite W212
                  Atlanta, GA 30338
                  Tel: (404) 262-7373
                  Fax: (404) 262-9911
                  E-mail: fnason@lcenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Mike Kohn, manager, STOWA, Member, LLC.

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/ganb16-71790.pdf


SHIROKIA MEZZ: Hires Klinger & Klinger as Accountant
----------------------------------------------------
Shirokia Mezz I, LLC, seeks authority from the U.S. Bankruptcy
Court for the Eastern District of New York to employ Klinger &
Klinger LLP as accountant to the Debtor.

Shirokia Mezz requires Klinger & Klinger to:

   a. prepare and review monthly debtor-in-possession
      operating reports and statements of cash receipts and
      disbursements including notes as to the status of tax
      liabilities and other indebtedness;

   b. prepare compiled financial statements as of the date of
      filing of the chapter 11 petitions;

   c. review existing accounting systems and procedures and
      establish new systems and procedures, if necessary;

   d. assist the Debtor in the development of a plan of
      reorganization;

   e. assist the Debtor in the preparation of a liquidation
      analysis;

   f. appear at creditors' committee meetings, 341(a) meetings,
      and Court hearings, if required;

   g. assist the Debtor in the preparation of cash flow
      projections;

   h. consult with counsel for the Debtor in connection with
      operating, financial and other business matters related to
      the ongoing activities of the Debtor; and

   i. perform such other duties as are normally required of an
      accountant, including, but not limited to, the preparation
      of all financial statements required in the Debtor's
      reorganization.

Klinger & Klinger will be paid at these hourly rates:

     Partners                      $350
     Staff Accountants             $225
     Paraprofessionals             $125

Klinger & Klinger received a retainer in the amount of $7,500.

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

Lee Klinger, member of Klinger & Klinger 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.

Klinger & Klinger can be reached at:

     Lee Klinger
     KLINGER & KLINGER LLP
     633 3rd Avenue, Suite 27B
     New York, NY 10017
     Tel: (212) 661-6200

                      About Shirokia Mezz I LLC

Shirokia Mezz I LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E. D. N.Y. Case No. 16-43666) on August 16,
2016. The petition was signed by Hong Qin, authorized member.

The case is assigned to Judge Nancy Hershey Lord.

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


SILVER CREEK: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Silver Creek Investments, LLC
        PO Box 764265
        Dallas, TX 75376

Case No.: 16-34633

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 3, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Barbara J. Houser

Debtor's Counsel: Marilyn D. Garner, Esq.
                  LAW OFFICE OF MARILYN D. GARNER, PLLC
                  2007 E. Lamar Boulevard, Ste 200
                  Arlington, TX 76006
                  Tel: (817) 505-1499
                  Fax: 817-549-7200
                  E-mail: mgarner@marilyndgarner.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Alfred Herron, 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/txnb16-34633.pdf


SINGLETON CREEK: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Singleton Creek, Inc.
        2789 Satellite Blvd
        Duluth, GA 30096

Case No.: 16-71772

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtor's Counsel: Douglas W. Jacobson, Esq.
                  LAW OFFICES OF DOUGLAS JACOBSON, LLC
                  2450 Atlanta Highway #803
                  Cumming, GA 30040
                  Tel: (770) 887-3700
                  Fax: (888) 990-1740
                  E-mail: douglas@douglasjacobsonlaw.com

Total Assets: $5.02 million

Total Liabilities: $3.54 million

The petition was signed by Hoke S. Randall, III, president.

The Debtor says it has no unsecured creditor.

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

          http://bankrupt.com/misc/ganb16-71772.pdf


SIXTY SIXTY CONDOMINIUM: Case Summary & 20 Top Unsecured Creditors
------------------------------------------------------------------
Debtor: Sixty Sixty Condominium Association, Inc.
        6060 Indian Creek Dr.
        Miami Beach, FL 33140

Case No.: 16-26187

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Robert A Mark

Debtor's Counsel: Brett D. Lieberman, Esq.
                  MESSANA, P.A.
                  401 E Las Olas Blvd # 1400
                  Ft Lauderdale, FL 33301
                  Tel: (954) 712-7427
                  E-mail: blieberman@messana-law.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Maria Velez, president of the Board of
Directors.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flsb16-26187.pdf


SOUTHEAST POWERGEN: S&P Lowers Project Rating to 'B+'
-----------------------------------------------------
S&P Global Ratings lowered its project rating on Southeast PowerGen
LLC (SEPG) to 'B+' from 'BB-'.  The outlook is stable.

The recovery rating on this debt is '3', indicating S&P's
expectation for substantial recovery (50%-70%; higher end of the
range) in a default.

The downgrade reflects poorer-than-anticipated performance from two
of the plants within the collateral pool, Effingham and
Sandersville, which began selling into the merchant marketplace in
early 2016 after certain tolling agreements, expired.  The
Southeast power market is a bilateral market with relatively few
purchasers, which introduces cash flow volatility and weak pricing
visibility.

The stable outlook reflects S&P's expectation that cash flows, and
therefore debt service coverage, should remain fairly robust and
predictable for the next two years.  Although the two power plants
are now merchant exposed, cash flows from the contracted plants
will provide support and limit volatility in the near term.


SPENDSMART NETWORKS: Extends Maturity of Conv. Notes to May 2017
----------------------------------------------------------------
Spendsmart Networks, Inc. amended two March 30, 2015, 9%
convertible promissory notes with principal amounts of $286,758 and
$300,000 as follows: the maturity date was extended to May 5, 2017,
the interest will be payable quarterly rather than semi-annually,
the conversion rights now allow conversion into a qualified
financing of $2,000,000, with the conversion required to be
completed within 30 days of notice of repayment, and the interest
rate for the extension period shall be 15%.

On Nov. 30, 2016, the Company issued a Convertible Promissory Note
to the Daniel Jonathan Blech Trust DTD 9/01/2005 in the amount of
$100,000.  Mr. Blech, a member of the Company's board of directors,
is the trustee.  The Convertible Promissory Note bears interest at
the rate of 9% has six-month maturity date, and a voluntary
conversion into an upcoming financing in the event the Company
closes the financing and receives gross proceeds totaling at least
$200,000.  The conversion rate will be at the same terms of the
financing.

The Company intends to use the proceeds from the sale of the Note
for working capital and general corporate purposes.

                  About SpendSmart Networks

SpendSmart Networks provides proprietary loyalty systems and a
suite of digital engagement and marketing services that help local
merchants build relationships with consumers and drive revenue.
These services are implemented and supported by a vast network of
certified digital marketing specialists, aka "Certified
Masterminds," who drive revenue and consumer relationships for
merchants via loyalty programs, mobile marketing and website
development.  Consumers' dollars go further when they spend it with
merchants in the SpendSmart network of merchants, as they receive
exclusive deals, earn rewards and ultimately build a connection
with their favorite merchants.

Spendsmart Networks reported a net loss of $11.9 million on $5.58
million of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.2 million on $4.03 million of total
revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Spendsmart Networks had $3.27 million in
total assets, $6.48 million in total liabilities and a total
stockholders' deficit of $3.21 million.

EisnerAmper LLP, in Iselin, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has recurring losses
and has yet to establish a profitable operation and at Dec. 31,
2015 has negative working capital and stockholders' deficit.  These
factors among others raise substantial doubt about its ability to
continue as a going concern.


SPURLOW'S OUTDOOR: Jan. 5 Plan Confirmation Hearing
---------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has conditionally approved Spurlow's Outdoor
Outfitters, LLC's disclosure statement filed on Nov. 18, 2016,
referring to the Debtor's plan of reorganization.

The Court will conduct on Jan. 5, 2017, at 10:00 a.m. a hearing on
confirmation of the Plan, including timely filed objections to
confirmation, objections to the disclosure statement, motions for
cramdown, applications for compensation, and motions for allowance
of administrative claims.

Objections to the Disclosure Statement and plan confirmation must
be filed no later than seven days prior to the Confirmation
Hearing.

Parties-in-interest will submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the Confirmation Hearing.

The Debtor will file a ballot tabulation no later than three days
before the Confirmation Hearing.

All creditors and parties-in-interest that assert a claim against
the Debtor which arose after the filing of this case, including all
professionals seeking compensation from the estate of the Debtor,
must file motions or applications for the allowance of the claims
with the Court no later than 14 days after the entry of the Nov.
21, 2016 court order.

Three days prior to the Confirmation Hearing, the Debtor will file
a confirmation affidavit which will contain the factual basis upon
which the Debtor relies in establishing that each of the
requirements of U.S. Bankruptcy Code Section 1129 are met.  

A small business debtor has a 45-day deadline to obtain plan
confirmation.  The time for obtaining confirmation in this case is
set to expire on Jan. 2, 2017.  The Court extends the time period
for the Debtor to obtain confirmation, through and including Jan.
5, 2016.

Spurlow's Outdoor Outfitters, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 16-05463) on June 24, 2016,
listing under $1 million in both assets and liabilities.


STARWOOD PROPERTY: Moody's Raises CFR to Ba2, Outlook Stable
------------------------------------------------------------
Moody's Investors Services upgraded the corporate family rating of
Starwood Property Trust to Ba2 from Ba3, upgraded its secured term
loan rating to Ba1 from Ba2, and assigned a Ba3 rating to the
firm's private issuance of senior unsecured notes.  The outlook for
the ratings is stable.

Issuer: Starwood Property Trust, Inc.

These ratings have been upgraded:

  Corporate Family Rating, to Ba2 from Ba3
  Senior Secured Bank Credit Facility, to Ba1 from Ba2
  The following rating has been assigned:
  Long-term local currency debt rating, at Ba3

Outlook Actions:
  Outlook, Remains Stable

                          RATINGS RATIONALE

Moody's upgraded Starwood's corporate family rating to reflect the
company's improved access to unsecured funding, the increase in the
company's unencumbered assets associated with the senior notes
issuance and repayment of secured debt that increases its financial
flexibility, as well as the company's growing revenue
diversification as it expands its investment in high quality
stabilized properties that generate long-term rental income.  Other
supporting rating considerations include Starwood's continued
favorable credit performance and measured risk appetite, as well as
its profitability and leverage measures that compare well with
commercial real estate lender peers.

The notes issuance provides Starwood expanded access to unsecured
investors that Moody's believes improves the firm's liquidity
profile.  However, Moody's expects that secured financing will
remain the core of Starwood's funding profile, which limits its
financial and operational flexibility.  The company's credit
profile would be further strengthened if it expanded the proportion
of unsecured funding in its capital profile.

Starwood's unencumbered assets will increase significantly after
the proposed transaction.  Proceeds from the notes issuance,
together with proceeds from a separate privately issued
$300 million secured term loan, will be used to repay an existing
$653 million secured term loan, which will result in a
$2.1 billion increase in the company's unencumbered assets. Moody's
expects that the firm's ratio of unencumbered assets to unsecured
debt will increase on a pro forma basis to 1.8x from 0.9x, based on
expected pro forma unencumbered assets of
$3.3 billion.

Starwood's plans to increase equity real estate investments will
diversify its revenues and cash flow sources and extend the average
duration of its assets.  The company has announced an agreement to
acquire an $838 million portfolio of 38 medical properties, to be
funded by long-term secured financing, and with an average
remaining lease term of seven years.  Moody's estimates that the
acquisition will increase property investments to over 20% of the
company's earning assets, up from 11% at the end of 2015.  The
company's growth in property investing increases its exposure to
tenant and remarketing risks, but the firm has access to
considerable property and risk management expertise within the
broader Starwood group.

As measured by the ratio of debt to tangible net worth, Starwood's
leverage has increased during 2016, but after considering the
firm's $400 million equity issuance, launched today, its pro forma
leverage remains essentially unchanged by the proposed
transactions.  Moody's expectations are that the company's leverage
will remain meaningfully below 2.0x.

The Ba3 rating Moody's assigned to Starwood's unsecured notes
reflect the notes senior priority within Starwood's capital
structure, Starwood's high reliance on secured funding that
structurally subordinates the claims of unsecured note holders to
the company's secured debt, and the pro forma unencumbered asset
coverage of the unsecured notes which mitigates the notes'
potential loss given default.  The transactions and ratings are
subject to the execution of definitive closing documentation.

Moody's could upgrade Starwood's ratings if the company further
diversifies its funding sources to include additional senior
unsecured debt and less reliance on short-term funding sources,
maintains strong, stable profitability and low credit losses, and
maintains leverage of less than 2.0x.

Moody's could downgrade Starwood's ratings if the company
encounters material liquidity challenges, its leverage materially
increases, or its profitability significantly weakens.

Starwood Property Trust [NYSE: STWD] is the largest commercial
mortgage REIT in the US.

The principal methodology used in these ratings was Finance
Companies published in October 2015.


STARWOOD PROPERTY: S&P Assigns 'BB-' Rating on $500MM Sr. Notes
---------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB-' senior unsecured debt
rating to Starwood Property Trust, Inc.'s announced issuance of
$500 million of senior notes due 2021.  At the same time, S&P is
affirming its 'BB' issuer credit rating on Starwood with a stable
outlook.

"S&P Global's rating on Starwood reflects credit risk associated
with its loans and investment securities, and concentration in
commercial real estate, which we view as subject to cyclical
fluctuations," said S&P Global Ratings credit analyst Matthew
Carroll.  Offsetting these factors are Starwood's low leverage
relative to other finance companies, favorable credit loss
experience, and strong profitability.  S&P's ratings on Starwood's
senior unsecured debt are one notch lower than the issuer credit
rating because priority debt significantly exceeds 30% of adjusted
assets.

Although Starwood's leverage has risen somewhat over the past
couple of years, it remains low.  Following the announced issuance
of $500 million of senior unsecured notes, Starwood later in the
day announced that it is offering 17.8 million shares of common
stock, which would amount to over $400 million at the closing
price, which will lower its leverage ratio.  As of Sept 30, 2016,
leverage--as measured by debt to adjusted total equity--was 1.97x.
S&P excludes from its leverage metrics the debt of consolidated
VIEs, which is non-recourse to Starwood.  However, S&P now deducts
from adjusted total equity investments in subordinate tranches of
CMBS, known as "B-Pieces", which amounted to $1.029 billion as of
Sept. 30, 2016.  Excluding this adjustment, debt to adjusted total
equity would have been 1.45x.  S&P anticipates that leverage may
increase slightly, as the company grows its property segment, in
part due to the impact of depreciation on the book value of
acquired properties, but expect leverage will remain less than 2.5x
on a debt to adjusted total equity basis.

The senior unsecured debt issuance and expected use of proceeds to
repay Starwood's existing term loan improve its funding profile, in
S&P's view.  Secured borrowings currently encumber most of
Starwood's assets, with $8.79 billion of pledged assets as of
Sept. 30, 2016.  Repayment of the existing term loan will
unencumber pledged assets that had a carrying value of
$2.08 billion.  Also, covenants in the unsecured debt issuance
require that Starwood maintain at unencumbered assets of at least
120% of its outstanding unsecured indebtedness.

The stable outlook reflects S&P Global Ratings' expectation that
Starwood Property Trust Inc.'s profitability and performance of its
loan and investment portfolios will remain strong over the next 12
months, and that leverage will be about 2.0-2.5x debt to adjusted
total equity.

S&P could lower the ratings if the company increases leverage above
2.75x, if declining commercial real estate property valuations and
weakening loan performance strain liquidity, or if the company
takes large impairments in its investment portfolio.

Although an upgrade is unlikely in the next twelve months, S&P
could raise the ratings on Starwood if it reduces leverage below
1.5x on a debt to adjusted total equity basis, or outperforms peers
in terms of profitability and loss experience through a downturn in
the real estate cycle.



STEPHEN THIEL: Disclosures Get Prelim. OK; Plan Hearing on Jan. 5
-----------------------------------------------------------------
The Hon. Maria L. Oxholm of the U.S. Bankruptcy Court for the
Eastern District of Michigan has granted preliminary approval of
Stephen Louis Thiel and Lisa Holbrook Thiel's disclosure statemnt
referring to the Debtors' second amended plan of reorganization.

The hearing on objections to final approval of the Disclosure
Statement and confirmation of the Plan will be held on Jan. 5,
2017, at 11:00 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. 29, 2016.

The deadline for all professionals to file final fee applications
is 30 days after the confirmation order is entered. .

Stephen Louis Thiel and Lisa Holbrook Thiel sought Chapter 11
protection (Bankr. E.D. Mich. Case No. 15-57132) on Nov. 24, 2015.

Corey M. Carpenter, Esq., and C. Jason Cardasis, Esq., at B.O.C.
Law Group, P.C., serves as the Debtor's bankruptcy counsel.


SUPERIOR LINEN: Taps Province as Restructuring Advisors
-------------------------------------------------------
Superior Linen, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Nevada to employ Province, Inc. as financial
and restructuring advisors to the Debtor.

Superior Linen requires Province to:

   a. review and analyze the business, financial condition and
      prospects of the Debtor, including the assisting in the
      preparation of a rolling 13-week cash flow forecast to be
      included in any marketing materials;

   b. in connection with any sale transaction that the Debtor
      determines to undertake with third party investors in or
      acquirers of the Debtor, including the stalking horse
      credit bid by existing 1st lien creditors (together, the
      "Sale Transaction"), evaluate financial and capital
      markets standpoints regarding execution strategy and
      alternatives, if requested;

   c. prepare the Sale Transaction marketing materials for
      distribution to prospective investors or acquirers;

   d. prepare and execute the marketing plan for the Sale
      Transaction;

   e. identify and solicit prospective Sale Counterparties and
      review of proposals received from Sale Counterparties;

   f. assist the Debtor in negotiations with any such Sale
      Counterparties and advise the Debtor as to the financial
      terms and structure of the Sale Transaction;

   g. participate in hearings before the bankruptcy court with
      respect to matters upon which Province has provided advice;
      and

   h. assist in other activities as are approved by the Debtor,
      the Debtor's counsel, and as agreed to by Province.

Province will be paid as follows:

   a. $150,000 fee for professional services rendered through the
      Term if either (i) the prevailing bidder in the Sale
      Transaction is RD VII Investments, LLC, or any of its
      members, owners, affiliates, subsidiaries or assignees
      (together, "RDVII") or (ii) no Sales Transaction is
      executed;

   b. upon execution of a Sale Transaction to any prevailing,
      third-party bidder, Province shall be compensated for the
      greater (i) $150,000 or (ii) 4.5% of the value of the
      prevailing bid. In addition to the foregoing, to the extent
      such Sale Transaction value under this section (b) exceeds
      $10,000,000, Province will be compensated 6.5% of any
      amount between $10,000,001 and total consideration received
      for the Sale Transaction.

   c. If beneficial ownership in connection with any executed
      Sale Transaction includes members or entities other than
      RDVII or officers and directors of the Debtor, compensation
      due to Province will be calculated pursuant to section (b);

   d. For further clarification, under no scenario shall
      Province's compensation be less than $150,000. Upon earning
      its fee pursuant to section (a) above and only after the
      Term has expired, Province shall commence charging and the
      Debtor shall compensate Province for services rendered
      based on its standard hourly rates as follows:

            Principals                       $660-$700
            Director/Managing Director       $470-$620
            Associate/Senior Associate       $330-$460
            Analyst                          $250-$320
            Paraprofessionals                $100

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

Edward Kim, member of Province, 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.

Province can be reached at:

     Edward Kim
     PROVINCE, INC.
     2360 Corporate Circle, Suite 330
     Henderson, NV 89074
     Tel: (702) 685-5555
     Fax: (702) 685-5556

                      About Superior Linen

Superior Linen, LLC, doing business as Superior Linen and Laundry
Services, which operates as a commercial laundry and linen rental
company, filed a chapter 11 petition (Bankr. D. Nev. Case No.
16-15388) on Sept. 30, 2016. The petition was signed by Robert E.
Smith, chief financial officer. The case is assigned to Judge Mike
N. Nakagawa. The Debtor estimated assets and debts at $10 million
to $50 million at the time of the filing.

Superior Linen has tapped Larson & Zirzow, LLC as legal counsel.

An official committee of unsecured creditors has been appointed in
the case.


TALLIS GROUP: Case Summary & 16 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Tallis Group, LLC
        1709 Carleton Ave.
        Fort Worth, TX 76107

Case No.: 16-44736

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Eric A. Liepins, Esq.
                  ERIC A. LIEPINS, P.C.
                  12770 Coit Rd., Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  E-mail: eric@ealpc.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Samuel F. Tallis, managing member.

A copy of the Debtor's list of 16 unsecured creditors is available
for free at http://bankrupt.com/misc/txnb16-44736.pdf


TANDOORI AT TRANSIT: Seeks July 3 Plan Exclusivity Extension
------------------------------------------------------------
Tandoori at Transit, Inc. and Ravi R. Sabharwal request the U.S.
Bankruptcy Court for the Western District of New York to extend the
time within which the Debtors must file any Small Business Plan and
Disclosure Statement through July 3, 2017.

The Debtors relate that certain sales tax audit claims of New York
State Department of Taxation and Finance were the subject of
ongoing administrative proceedings with NYS Tax.  The Debtors
further relate that they are disputing the assertion of NYS Tax of
pre-petition audit claims against the Debtor Tandoori for priority
sales taxes and interest and general unsecured claims for
pre-petition penalties, in addition to liens which it had filed
against the Debtor Tandoori pre-petition.

The Debtors tell the Court that the resolution of the NYS Tax sales
tax audit may have a material impact on the amounts which the
Debtors will be able to or required to pay to their creditors
through their Joint Chapter 11 Plan.

Since the commencement of these cases, the Debtor Tandoori's
principals have had discussions with several individuals and groups
regarding potential new equity investments in Tandoori's restaurant
business, as well as a potential sale of the business.  In
addition, the Debtor Tandoori's principals have also had
discussions with potential lenders regarding potentially
refinancing the mortgage on the real property in Williamsville, New
York, where the Tandoori's business is located, as a potential
source of funds which might be used by the Debtors in connection
with a proposed Chapter 11 Plan.

The Debtors submit that the upcoming statutory deadline of January
3, 2017, will not permit sufficient time to achieve these
objectives, nor will it permit the Debtors to pursue financing with
potential lenders who have requested to see financials from the
Debtor Tandoori for 12-months of operations while in Chapter 11.

A hearing will be held on December 19, 2016 at 10:00 a.m. to
consider the Debtors' request for exclusivity extension.

                              About Tandoori at Transit

Tandoori at Transit, Inc. is based in Williamsville, New York, and
operates a restaurant and banquet hall facilities serving Royal
Indian cuisine.  It sought Chapter 11 protection (Bankr. W.D. N.Y.
Case No. 16-10413) on March 7, 2016.

Ravi Sabharwal, vice-president of Tandoori at Transit, sought
Chapter 11 protection (Bankr. W.D.N.Y. Case No. 16-10362) on Feb.
29, 2016.  His wife, Rita Sabharwal, owns 100 percent of the stock
and is the chief executive officer of Tandoori at Transit.  

On March 28, 2016, the court ordered the joint administration of
the cases.  The Debtors are represented by Daniel F. Brown, Esq.,
at Andreozzi, Bluestein, Weber, Brown, LLP.

At the time of filing, Tandoori at Transit estimated $50,000 to
$100,000 in assets and $1 million to $10 million in debt.


TAYLOR EQUIPMENT: Hires Mahady & Mahady as Counsel
--------------------------------------------------
Taylor Equipment Company, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of Pennsylvania to employ
Mahady & Mahady as counsel to the Debtor.

Taylor Equipment requires Mahady & Mahady to represent the Debtor
in the Chapter 11 bankruptcy proceedings.

Mahady & Mahady will be paid at the hourly rate of $275.

Mahady & Mahady will be paid a retainer in the amount of $6,000.

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

Robert H. Slone, member of Mahady & Mahady, 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.

Mahady & Mahady can be reached at:

     Robert H. Slone, Esq.
     MAHADY & MAHADY
     223 South Maple Avenue
     Greensburg, PA 15601
     Tel: (724) 834-2990

                     About Taylor Equipment

Taylor Equipment Company, Inc., based in Friedens, PA, filed a
Chapter 11 petition (Bankr. W.D. Pa. Case No. 16-70781) on November
11, 2016. Hon. Jeffery A. Deller presides over the case. Robert H.
Slone, Esq., at Mahady & Mahady, as bankruptcy counsel.

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



TEMPEST GROUP: Asks Court to Move Plan Filing Period to April 1
---------------------------------------------------------------
The Tempest Group, Inc. seeks from the U.S. Bankruptcy Court for
the Western District of Pennsylvania a 90-day extension of the
period within which only the Debtor may file its Plan of
Reorganization, or until April 1, 2017.

The Debtor tells the Court that it is currently in negotiations
with its primary creditor, Avanti Wind Systems, Inc., to resolve
its claim against the Debtor, and that resolution of that claim
will materially affect the Debtor's Plan of Reorganization.  As
such, the Debtor requires additional time to attempt to finalize a
settlement.

                       About The Tempest Group, Inc.

The Tempest Group filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Pa. Case No. 16-70496) on July 5, 2016, estimating its
assets at up to $50,000 and liabilities at between $100,001 and
$500,000.  The Petition was signed by Cynthia Cuenin, President.
Robert O Lampl, Esq., serves as the Debtor's bankruptcy counsel.

The Office of the U.S. Trustee on Sept. 27 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of The Tempest Group.


TLA TANNING: Hires Priority Business as Real Estate Broker
----------------------------------------------------------
TLA Tanning Corp., seeks authority from the U.S. Bankruptcy Court
for the Northern District of Georgia to employ Priority Business
Acquisitions, Inc. as real estate broker to the Debtor.

TLA Tanning requires Priority Business to:

   a. assist the Debtor in preparing the business for showings to
      prospective purchasers;

   b. market the business for sale;

   c. prepare on behalf of the Debtor the necessary agreements
      and documents to effectuate the sale of the business; and

   d. perform all other related real estate broker services for
      the Debtor which may be reasonably necessary in connection
      with the short sale of the business.

Priority Business will be a 10% commission of the sales price.

To the best of the Debtor's knowledge, 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.

Priority Business can be reached at:

     PRIORITY BUSINESS ACQUISITIONS, INC.
     1840 Old Norcross Road, Suite 200
     Lawrenceville, GA 30044
     Tel: (770) 932-6122

                       About TLA Tanning Corp.

Buford, Ga.-based TLA Tanning Corp. filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ga. Case No. 16-64819) on Aug. 25, 2016,
disclosing under $1 million in both assets and liabilities. The
petition was signed by Todd B. Amerman, president. The Debtor is
represented by Howard P. Slomka, Esq.



TLC EDUCATION: Hires Hellmuth & Johnson as Attorney
---------------------------------------------------
TLC Education Foundation, seeks authority from the U.S. Bankruptcy
Court for the District of Minnesota to employ Hellmuth & Johnson,
PLLC as attorney to the Debtor.

TLC Education requires Hellmuth & Johnson to:

   a. represent the Debtor in all legal matters arising during
      the control of the Debtor's assets;

   b. determine claims, negotiations with creditors and third
      parties;

   c. prepare and form of a plan to be presented to the creditors
      to the extent necessary; and

   d. provide other services as are necessary for the exercise of
      any and all rights available to the Debtor.

Hellmuth & Johnson will be paid at these hourly rates:

     Karl J. Johnson            $280
     Gregory S. Otsuka          $320
     Paralegals                 $175

Hellmuth & Johnson will be paid a retainer in the amount of
$30,000.

Hellmuth & Johnson will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Karl J. Johnson, member of Hellmuth & Johnson, 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.

Hellmuth & Johnson can be reached at:

     Karl J. Johnson, Esq.
     HELLMUTH & JOHNSON, PLLC
     8050 W 78th St.
     Minneapolis, MN 55439
     Tel: (952) 941-4005

                       About TLC Education

TLC Education Foundation, filed a Chapter 11 bankruptcy petition
(Bankr. D. Minn. Case No. 16-43432) on November 22, 2016,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by Karl J. Johnson, Esq.

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



TLD BAR RANCH: Case Summary & 2 Unsecured Creditors
---------------------------------------------------
Debtor: TLD Bar Ranch, L.P.
        3319 FM 1810
        Chico, TX 76431

Case No.: 16-44622

Chapter 11 Petition Date: December 2, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Jeff P. Prostok, Esq.
                  FORSHEY & PROSTOK, LLP
                  777 Main St., Suite 1290
                  Ft. Worth, TX 76102
                  Tel: 817-877-8855
                  Email: jpp@forsheyprostok.com
                         jprostok@forsheyprostok.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Bettye Jeanne Rigdon, manager of BJR Re
Management, LLC, as the general partner of TLD Bar Ranch, L.P.

A list of the Debtor's two largest unsecured creditors is available
for free at http://bankrupt.com/misc/txnb16-44622.pdf


TOMMY CAMPBELL: Hires Bird & Smith as Attorney
----------------------------------------------
Tommy Campbell Heating and Air Conditioning, LLC, seeks authority
from the U.S. Bankruptcy Court for the District of South Carolina
to employ Bird & Smith, PA as attorney to the Debtor.

Tommy Campbell requires Bird & Smith to:

   a. prepare the Chapter 11 plan;

   b. deal with Creditors and other matters relating to the
      estate;

   c. provide such other representation as may be necessary.

Bird & Smith will be paid at these hourly rates:

     Attorney                   $350
     Paralegal                  $100

Bird & Smith will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Reid B. Smith, member of Bird & Smith, 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.

Bird & Smith can be reached at:

     Reid B. Smith, Esq.
     BIRD & SMITH, PA
     1712 St. Julian PI, Suite 102
     Columbia, SC 29204
     Tel: (803) 771-7888

                       About Tommy Campbell

Tommy Campbell Heating and Air Conditioning, LLC, filed a Chapter
11 bankruptcy petition (Bankr. D.S.C. Case No. 16-05925) on
November 23, 2016, disclosing under $1 million in both assets and
liabilities. The Debtor is represented by Reid B. Smith, Esq., at
Bird and Smith, PA.



TROUBLESOME CREEK: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
The Office of the U.S. Trustee on Dec. 5 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Troublesome Creek Gas Corp.

Troublesome Creek Gas Corporation filed a Chapter 11 petition
(Bankr. E.D. Ky. Case No. 16-70692) on October 21, 2016, and is
represented by Sara A Johnston, Esq. and Dean A. Langdon, Esq. in
Kentucky.

At the time of filing, the Debtor had $4.32 million total assets
and $13.71 million total liabilities.

The petition was signed by Charles R. Bradley, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/kyeb16-70692.pdf


TSALECH HOLDINGS: Case Summary & 11 Unsecured Creditors
-------------------------------------------------------
Debtor: tSalech Holdings, LLC
        PO Box 385
        Rowlett, TX 75030

Case No.: 16-34659

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Stacey G. Jernigan

Debtor's Counsel: Joyce W. Lindauer, Esq.
                  JOYCE W. LINDAUER ATTORNEY, PLLC
                  12720 Hillcrest Road, Suite 625
                  Dallas, TX 75230
                  Tel: (972) 503-4033
                  Fax: (972) 503-4034
                  E-mail: joyce@joycelindauer.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jason Shaw, manager.

A copy of the Debtor's list of 11 unsecured creditors is available
for free at http://bankrupt.com/misc/txnb16-34659.pdf


US ENERGY MANAGEMENT: Files Amended Disclosure Statement
--------------------------------------------------------
US Energy Management, Inc., filed with the U.S. Bankruptcy Court
for the Northern District of Texas a first amended disclosure
statement for its plan of reorganization, a full-text copy of which
is available at:

        http://bankrupt.com/misc/txnb16-31941-11-62.pdf

Class 3 Claimants (Allowed Priority Claims of Texas Comptroller)
are impaired and shall be satisfied in full.

Class 4 Claimants (Allowed General Unsecured Claims) are impaired
and shall be paid 100% of their allowed claims. Further, the Claim
that is on appeal will be addressed once those numbers are
determined.

Class 7 Claimants (Allowed Administrative Claims of Professionals
and US Trustee) are unimpaired and will be paid in cash in full on
the Effective Date of this Plan.

Under the terms of the Plan, the Creditors will be paid from the
ongoing operations of the Debtor from increased numbers of
contracts, and more efficient and effective management of resources
and persons.

                  About US Energy Management

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.


VALUEPART INC: Hires Greg Baracato of CR3 Partners as CRO
---------------------------------------------------------
Valuepart, Incorporated, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Texas to employ CR3 Partners,
LLC to provide Greg Baracato as chief restructuring officer to the
Debtor.

Valuepart, Incorporated requires CR3 Partners and Greg Baracato
to:

   a. make Greg Baracato available to serve as the Debtor's CRO,
      reporting directly to the Companies' Board of Directors
      with such responsibilities and authority as is commensurate
      with said positions;

   b. to the extent needed and agreed upon by the Board of
      Directors, provide other temporary employees to assist
      the restructuring efforts; and,

   c. assist in the review of reports or filings as required by
      the Bankruptcy Court or the Office of the United States
      Trustee, including, without limitation, schedules of assets
      and liabilities, statement of financial affairs and monthly
      operating reports;

   d. review the Debtor's financial information, including,
      without limitation, analysis of cash receipts and
      disbursements, financial statement items and proposed
      transactions from which Bankruptcy Court approval is sought
      or may be sought;

   e. review and analyze the reporting regarding cash collateral
      and other potential financing arrangements and budgets;

   f. assist with, identify, analyze and evaluate potential cost
      containment and liquidity enhancement opportunities;

   g. perform such others advisory services and/or other
      functions as are customarily provided in connection with
      the analysis and negotiations of any of the transactions
      contemplated by this Engagement Contract, as requested by
      the Debtor or its counsel to assist the Debtor in this
      Chapter 11 case and mutually agreed to by CR3.

CR3 Partners will be paid at these hourly rates:

     Partner                $550-$650
     Director               $350-$500
     Consultant             $300-$400

CR3 Partners will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Greg Baracato, member of CR3 Partners, 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.

CR3 Partners can be reached at:

     Greg Baracato
     CR3 PARTNERS, LLC
     13727 Noel Road, Suite 200
     Dallas, TX 75240
     Tel: (800) 728-7176

                       About Valuepart, Incorporated

ValuePart, Incorporated is a Chicago-based distributor of high
quality, competitively priced, aftermarket replacement parts for
off-highway earthmoving equipment manufacturers such as
Caterpillar, Case, Komatsu, Deere, International, Bobcat and
Hitachi, along with many others. The Debtor operates from 8
locations in Illinois, Texas, Nevada, Washington, Ohio, Georgia,
Vancouver and Toronto, and employs approximately 70 employees.
Although headquartered in Vernon Hills, Illinois, the Debtor's
largest distribution center is located in Dallas, Texas.

ValuePart, Incorporated filed a Chapter 11 petition (Bankr. N.D.
Tex. Case No. 16-34169), on October 27, 2016. The petition was
signed by Isa Passini, vice president. The case is assigned to
Judge Harlin DeWayne Hale. The Debtor is represented by Marcus Alan
Helt, Esq., Mark C. Moore, Esq. and Thomas C. Scannell, Esq., at
Gardere Wynne Sewell LLP.

The Debtor's Restructuring Advisor is CR3 Partners, LLC; and the
Debtor's Claims and Noticing Agent is Upshot Services LLC.

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


VALUEPART INC: Hires UpShot Services as Noticing and Claims Agent
-----------------------------------------------------------------
Valuepart, Incorporated, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Texas to employ UpShot Services
LLC as noticing, claims and balloting agent to the Debtor.

Valuepart, Incorporated requires UpShot Services to:

   (a) prepare and serve required notices and documents in the
       Bankruptcy Case in accordance with the Bankruptcy Code and
       the Bankruptcy Rules in the form and manner directed by
       the Debtor and/or the Court, including any notices,
       orders, pleadings, publications and other documents as the
       Debtor or Court may deem necessary or appropriate for an
       orderly administration of the Bankruptcy Case;

   (b) assist the Debtor in preparing its official Schedules of
       Assets & Liabilities and Statements of Financial Affairs
       (together, the "Schedules") listing the Debtor's known
       creditors and the amounts owed thereto;

   (c) for all notices, motions, orders or other pleadings or
       documents served, prepare and file or caused to be filed
       with the Clerk an affidavit or certificate of service
       within seven (7) business days of service which includes
       (i) either a copy of the notice served or the docket
       numbers and title of the pleading served, (ii) a list of
       persons to whom it was mailed (in alphabetical order) with
       their addresses, (iii) the manner of service, and (iv) the
       date served;

   (d) receive, catalog, and track proofs of claim filed in this
       Bankruptcy Case as official claims and balloting agent;

   (e) perform and assist the Debtor and its retained
       professionals with such other tasks, duties and projects
       it deems necessary to the overall operation of the
       Bankruptcy Case; and

   (f) assist in the dissemination of information to the public
       and respond to requests for administrative information
       regarding the cases as directed by the Debtor or the
       Court, including through the use of case website and/or
       call center.

UpShot Services will be paid at these hourly rates:

     Clerical                $30
     Case Assistant          $75
     IT Manager              $90
     Case Consultant         $135
     Case Manager            $165

UpShot Services will be paid a retainer in the amount of $7,500.

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

Travis Vandell, member of UpShot Services 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.

UpShot Services can be reached at:

     Travis Vandell
     Upshot Services LLC
     8269 E. 23rd Avenue, Suite 275
     Denver, CO 80238
     Telephone: (855) 812 6112
     E-mail: info@upshotservices.com

                       About Valuepart, Incorporated

ValuePart, Incorporated is a Chicago-based distributor of high
quality, competitively priced, aftermarket replacement parts for
off-highway earthmoving equipment manufacturers such as
Caterpillar, Case, Komatsu, Deere, International, Bobcat and
Hitachi, along with many others. The Debtor operates from 8
locations in Illinois, Texas, Nevada, Washington, Ohio, Georgia,
Vancouver and Toronto, and employs approximately 70 employees.
Although headquartered in Vernon Hills, Illinois, the Debtor's
largest distribution center is located in Dallas, Texas.

ValuePart, Incorporated filed a Chapter 11 petition (Bankr. N.D.
Tex. Case No. 16-34169), on October 27, 2016. The petition was
signed by Isa Passini, vice president. The case is assigned to
Judge Harlin DeWayne Hale. The Debtor is represented by Marcus Alan
Helt, Esq., Mark C. Moore, Esq. and Thomas C. Scannell, Esq., at
Gardere Wynne Sewell LLP.

The Debtor's Restructuring Advisor is CR3 Partners, LLC; and the
Debtor's Claims and Noticing Agent is Upshot Services LLC.

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



VISTRA ENERGY: Moody's Affirms Ba2 CFR; Outlook Stable
------------------------------------------------------
Moody's Investors Service affirmed the ratings of Vistra Energy
Corp. (formerly known as TCEH Corp.) (Vistra Energy), including its
Ba2 corporate family rating, its Ba2-PD probability of default, and
its SGL-1 speculative grade liquidity rating. Concurrently, Moody's
assigned a rating of Ba2 to Vistra Operations Company LLC's,
(formerly known as Tex Operations Company LLC), planned $1 billion
incremental senior secured term loan, and affirmed the Ba2 rating
of its existing senior secured credit facilities.  Proceeds from
the term loan will be used to pay a one-time special dividend to
Vistra Energy shareholders.  The rating outlook is stable.

                          RATINGS RATIONALE

"Vistra's dividend recapitalization will cause its funded debt to
increase by over twenty five percent, a clear credit negative" said
Laura Schumacher, Vice President -- Senior Credit Officer. "But the
company's balance sheet remains strong and additional cost
reductions have been implemented in conjunction with the right
sizing of its operations, post-bankruptcy emergence."

The Ba2 rating affirmation further recognizes the continuing
strength of Vistra's retail margins, its nearly fully hedged
position for 2017, and lower interest costs owing to the company's
execution of its initial $3.5 billion of term loan facilities with
an interest rate margin 100 basis points lower than originally
assumed in Moody's projections.  Taking everything into
consideration, cash flow credit metrics will be several percentage
points lower than prior estimates, but remain appropriate for the
Ba2 rating.  For example, Vistra's ratio of cash from operations
excluding changes in working capital (CFO pre-W/C) remains near the
20% range.

Vistra plans to utilize proceeds from the $1 billion of additional
term loan facilities to pay a one-time special dividend to
shareholders and to bring the company's leverage position closer
that of its peers.  Vistra emerged from bankruptcy in October with
a relatively lightly leveraged balance sheet that included
permanent debt financing equivalent to its prior
debtor-in-possession obligations, or approximately 2.7x
management's then forecast 2017 earnings before interest taxes and
depreciation (EBITDA).  Pro-forma for the dividend
recapitalization, Vistra's total funded debt will equate to
approximately 3.2x management's current forecast of 2017 EBITDA,
which is still lower than its merchant generating peers.  Earnings
in 2017 are also expected to be approximately $110 million higher
than the prior forecast, primarily due to cost reductions and
higher retail margins.

Liquidity

Vistra's liquidity position is good.  The company currently has
approximately $900 million of cash on hand, and expects to have a
similar amount post the dividend recapitalization.  Over the next
few years Vistra will look to generate positive free cash flow in
the range of $600-$800 million per year.  External liquidity for
working capital needs is provided by a revolving credit facility
which will be upsized to $860 million from $750 million in
conjunction with the increase in secured term loan facilities.  The
revolver is expected to remain largely undrawn.  Collateral for
letter of credit posting is provided via the $650 million Term C
Loan, of which approximately $530 million is currently utilized.
The only financial maintenance covenant is a springing maximum
secured first lien net leverage ratio of 4.25x, which is tested
only if revolver usage is greater than 30%.  As of Oct. 3, 2016,
based on twelve month trailing EBITDA as of June 30, 2016, Vistra
calculated the ratio at 1.2x.  Pro-forma for the dividend
recapitalization, based on estimated 2017 EBITDA, Vistra estimates
the ratio at about 2.1x.

Outlook

The stable rating outlook reflects management's near-to-medium term
focus on optimizing the operating capabilities of its assets and a
view that any additional leverage would be accompanied by a
commensurate amount of additional cash flow.  The stable outlook
incorporates a view that the ratio of CFO pre-W/C to debt will
remain near the 20% range.

Factors that Could Lead to an Upgrade

Given the proximity of the company's restructuring, the lack of a
post-restructuring track record and its recent increase in
leverage, the rating is not likely to move upward over the next 12
-- 18 months.

Factors that Could Lead to a Downgrade

An increase in leverage without a commensurate increase in cash
flow, or operating or other challenges that lead us to expect the
ratio of CFO pre-W/C to debt to fall below the high-teens range.  A
meaningful increase in operating or business risk, or dividend
recapitalizations, could also put downward pressure on the rating.
Assignments:

Issuer: Vistra Operations Company LLC
  Senior Secured Bank Credit Facility, Assigned Ba2 (LGD4)

Outlook Actions:

Issuer: Vistra Energy Corp.
  Outlook, Remains Stable

Issuer: Vistra Operations Company LLC
  Outlook, Remains Stable

Affirmations:

Issuer: Vistra Energy Corp.
  Probability of Default Rating, Affirmed Ba2-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-1
  Corporate Family Rating, Affirmed Ba2

Issuer: Vistra Operations Company LLC
  Senior Secured Bank Credit Facility, Affirmed Ba2 (LGD4)

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
2014.

Company Profile

Vistra Operations Company LLC, is a wholesale power company located
in Texas with a merchant generating portfolio of about 16,800 MW
including approximately 8,000 MW coal and lignite facilities, 2,300
MW of nuclear, and 6,500 MW of natural gas-fired plants.  Through
its TXU Energy business, Vistra also provides retail electric
service to around 1.7 million customers, or approximately 25% of
the Texas residential market.  On Oct. 3, 2016, TCEH Corp. emerged
from chapter 11 bankruptcy as the parent company of Tex Operations
Company LLC (formerly known as Texas Competitive Electric Holdings
Co. LLC (TCEH)) under a court approved plan of reorganization and
separation from TCEH's prior parent Energy Future Holdings.  In
November 2016, TCEH Corp. was renamed Vistra Energy Corp. and Tex
Operations Company LLC was renamed Vistra Operations Company LLC.



VISTRA ENERGY: S&P Affirms 'BB-' CCR & Rates New $1BB Debt 'BB+'
----------------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB-' corporate credit
rating on independent power producer (IPP) Vistra Energy Corp.,
formerly known as TCEH Corp.  The outlook is stable.

At the same time, S&P assigned a 'BB+' issue-level rating and '1'
recovery rating to operating subsidiary TEX Operations Co. LLC's
new $1 billion issuance.

                              VISTRA

Vistra generates and trades electricity, capacity, and related
products from a convoy of power plants.  It owns approximately 16.8
gigawatts (GW) of generation capacity, which represents the largest
generation fleet in the Electric Reliability Council of Texas
(ERCOT) market and is also the largest lignite mine operator in the
state.  The company is also one of two large retail electric
providers in ERCOT.

"Based on the current portfolio assets and updated cash flows
factoring run-rate retail power EBITDA and cost saving measures, we
expect the company to maintain adjusted debt to EBITDA no higher
than 3.75x and FFO to debt above 21% over the forecast period
despite low Henry Hub benchmark gas prices, significant renewable
proliferation, pressure on load growth, and increasing
environmental regulation," said S&P Global Ratings credit analyst
Aneesh Prabhu.  "We continue to believe that the retail power
business will likely provide some offset to continuing pressure on
wholesale power margins."

"While we expect FFO to debt levels of about 21% in our base-case,
we note that financial measures are relatively more volatile
because the company does not have significant hedges beyond 2017
and it participates in a somewhat weaker market.  S&P could lower
the ratings if debt to EBITDA increases above 4.25x or FFO to debt
declines below 18% and stays at that level.  This would likely stem
from a combination of softer energy markets brought on by lower gas
prices and less robust demand, as well as weakened efficiency and
availability at key plants.  Furthermore, future acquisitions, if
funded largely with debt, could cause financial measures to weaken.
At this stage, S&P do not see any further ability to leverage
without a sustained track record of cash flow generation (or
additional assets that support additional debt).

While not likely until S&P sees a track record, it could raise the
ratings if financial measures improve, such that debt to EBITDA
remains consistently below 3.25x and FFO to debt escalates over
25%.  This would likely result from steadily growing demand and
higher natural gas prices, as well as a more robust and
incentive-laden ERCOT energy prices.  Given its established
presence, ability to mitigate attrition rates in its retail
business (despite being in a bankruptcy) and well-positioned assets
that serve retail power load obligations, Vistra could be in a good
position to take advantage of secular changes.



WERTHAN PACKAGING: Case Summary & 25 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Werthan Packaging, Inc.
        605 Highway 76
        White House, TN 37188

Case No.: 16-08624

Chapter 11 Petition Date: December 4, 2016

Court: United States Bankruptcy Court
       Middle District of Tennessee (Nashville)

Judge: Hon. Marian F Harrison

Debtor's Counsel: Paul G Jennings, Esq.
                  BASS, BERRY & SIMS PLC
                  150 Third Avenue South, Suite 2800
                  Nashville, TN 37201
                  Tel: 615 742-6267
                  Fax: 615 742-2767
                  E-mail: pjennings@bassberry.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Anthony L. Werthan, chairman of the
Board of Directors.

A copy of the Debtor's list of 25 largest unsecured creditors is
available for free at http://bankrupt.com/misc/tnmb16-08624.pdf


WERTHAN PACKAGING: Wants to Get VPF DIP Loan, Use Cash Collateral
-----------------------------------------------------------------
Werthan Packaging, Inc. requests the U.S. Bankruptcy Court for the
Middle District of Tennessee for authorization to obtain
postpetition financing from VPF Asset Funding, LLC, including
authority to use Cash Collateral.  

The Debtor relates that it requires postpetition financing and the
use of Cash Collateral to pay certain expenses as reflected in its
Budget, which covers post-petition operations disbursements through
the week ending January 6, 2017 in the approximate total amount of
$1,794,228.

The Debtor relates that prior to its bankruptcy filing, it has
negotiated a potential sale of its assets to Gateway Packaging
Company, LLC, and executed a letter of intent that ultimately led
to Gateway's agreement to purchase substantially all of the
Debtor's assets pursuant to the terms of the asset purchase
agreement, to be accomplished in a Chapter 11 case.

The Debtor contends that its continued cash availability is
essential to the Debtor's ability to maintain the confidence of
employees, suppliers, and customers in the Debtor's ability to meet
their obligations while preparing for the Sale.  The Debtor further
contends that the denial of use of Cash Collateral for these
purposes would result in the immediate shut-down of the Debtor's
operations, irreparably damaging the Debtor's ability to consummate
the Sale and causing substantial prejudice to the Debtor's estate,
its creditors, and other parties-in-interest.

Prior to its bankruptcy filing, the Debtor obtained an asset-based
revolving line of credit from VPF Asset Funding in a maximum amount
not to exceed the lesser of (a) $3,500,000 and (b) a borrowing base
equal to the sum of 85% of eligible accounts receivable and 55% of
eligible inventory, which loan matures on October 14, 2018 and is
secured by substantially all of the personal property of the Debtor
and a pledge of substantially all of the equity of the Debtor.

The original VPF Asset Funding Collateral also included cash held
in one or more blocked deposit accounts in the amount of $750,000,
which was taken by VPF Asset Funding prepetition and applied to its
debt, as such the VPF Asset Funding has been amended dated as of
December 1, 2016 to account for the reduced availability caused by
the payment.

The Debtor also obtained a term loan from Newtek Small Business
Funding, LLC in the principal amount of $4,650,000.  The Newtek
Loan matures on October 14, 2025 and is secured by all of the
Debtor's machinery and equipment, as it was made primarily to
purchase the 10-color Flexographic Press and to provide the Debtor
additional working capital.

The Debtor relates that VPF Asset Funding and Newtek Funding
entered into an Intercreditor Agreement whereby (a) VPF Asset
Funding subordinated its lien on the Newtek Collateral to Newtek
Funding and (b) Newtek Funding subordinated any interest it may
have in any assets of the Debtor other than the Newtek Collateral
to VPF Asset Funding.  The Debtor says that pursuant to this
agreement, each of Newtek Funding and VPF Asset Funding agreed that
it will not exercise rights or remedies against the other party's
priority collateral while the other party's indebtedness to the
Debtor is outstanding.

The Debtor seeks to obtain postpetition funding under substantially
the same terms as the original Veritas Credit Agreement.

The Debtor proposes to provide VPF Asset Funding and Newtek Funding
with adequate protection liens in and upon all of the Debtor's
properties and assets, real or personal, whether now owned and
existing or hereafter acquired, including all products and proceeds
of such property.  

The Debtor further proposes to grant VPF Asset Funding and Newtek
Funding an allowed superpriority administrative expense claim in
this Chapter 11 and any successor case.

The adequate protection liens and superpriority administrative
expense will be subject to:

     (a) the Carve Out;

     (b) existing valid, enforceable, non-avoidable liens that were
senior to the liens of VPF Asset Funding and Newtek Funding as of
the Petition Date; and

     (c) the quarterly fees payable to the U.S. Trustee and Clerk
of the Court.

The Carve Out consists of:  

     (a) statutory fees payable to the U.S. Trustee and any fees
payable to the Clerk of the Bankruptcy Court;

     (b) the allowed, accrued, and unpaid reasonable fees and
expenses of professionals employed by the Debtor and any Committee,
which may only be paid upon consummation of the Sale; and

     (c) Case Professional Carve Out not to exceed $300,000.

A full-text copy of the Debtor's Motion, dated December 5, 2016, is
available at https://is.gd/1dyEjG

Werthan Packaging, Inc. is represented by:

          Paul G. Jennings, Esq.
          Gene L. Humphreys, Esq.
          BASS, BERRY & SIMS PLC
          150 Third Avenue South, Suite 2800
          Nashville, TN 37201
          Tel: (615) 742-6200
          Fax: (615) 742-6293
          Email: pjennings@bassberry.com
                 ghumphreys@bassberry.com


                           About Werthan Packaging

Werthan Packaging, Inc., based in White House, TN, is a leading
supplier of multiwall paper packaging for the pet food industry.
This sixth generation company has been an important part of the
fabric of Nashville business since the late 1860s. At its height
the company employed over 1,200 people at its long-standing home in
North Nashville.  In 2010 the company began its move to a modern
184,000 sq. ft. facility in White House, Tennessee. During 2016,
the company installed a new 10-color flexographic press, and was
awarded the Safe Quality Food (SQF) certification.

Werthan Packaging, Inc. filed a Chapter 11 petition (Bankr. M.D.
Tenn. Court Case No. 16-08624), on December 4, 2016.  The Debtor is
represented by Paul G. Jennings, Esq. and Gene L. Humphreys, Esq.,
at Bass, Berry & Sims PLC of Nashville, TN.  


WESTPORT HOLDINGS: Jan. 11 Plan Confirmation Hearing
----------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida has
conditionally approved Westport Holdings Tampa, Limited
Partnership's disclosure statement referring to the Debtor's plan
of reorganization.

The Court will conduct a hearing on Jan. 11, 2017, at 10:30 a.m. to
consider the confirmation of the Plan, including timely filed
objections to confirmation, objections to the Disclosure Statement,
motions for cramdown, applications for compensation, and motions
for allowance of administrative claims.

Objections to the Disclosure Statement and confirmation of the Plan
must be filed no later than seven days prior to the Confirmation
Hearing.

Parties-in-interest must submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the date of the Confirmation Hearing.

The plan proponent will file a ballot tabulation no later than 96
hours prior to the Confirmation Hearing.

All creditors and parties-in-interest that assert a claim against
the Debtor which arose after the filing of this case, including all
professionals seeking compensation from the estate of the Debtor
pursuant to Section 330 of the U.S. Bankruptcy Code, must file
motions or applications for the allowance of the claims with the
Court no later than 15 days after the entry of the Nov. 21, 2016
court order.

Three days prior to the Confirmation Hearing, the plan proponent
will file a confirmation affidavit which will contain the factual
basis upon which the Plan Proponent relies in establishing that
each of the requirements of Section 1129 of the Bankruptcy Code are
met.

                 About Westport Holdings Tampa

Westport Holdings Tampa, dba University Village, is a care
retirement community in Tampa, Florida.  It offers residents
villas, apartments, an assisted living facility and a skilled
nursing care center for their end of life needs.

Westport Holdings Tampa, Limited Partnership and Westport Holdings
Tampa II, Limited Partnership filed chapter 11 petitions (Bankr.
M.D. Fla. Case Nos. 16-8167 and 16-8168) on Sept. 22, 2016. The
Debtors are represented by Scott A. Stichter, Esq., and Stephen R.
Leslie, Esq., at Stichter Riedel Blain & Postler, P.A.

The Debtors tapped Broad and Cassel as special counsel for
healthcare and related litigation matters.

The Acting U.S. Trustee for Region 21, on Oct. 11 appointed three
creditors of Westport Holdings Tampa, Limited Partnership, to serve
on the official committee of unsecured creditors.  The committee
members are Muriel T. Upton Trust, Darrell D. Ballard, and Thomas
M. Allensworth, Jr.


WPCS INTERNATIONAL: Robert Roller Relinguishes President Position
-----------------------------------------------------------------
Robert Roller's duties and responsibilities as president of WPCS
International - Suisun City, Inc., a subsidiary of WPCS
International Incorporated, were assumed and divided amongst
Sebastian Giordano, a director and the chief executive officer of
the Company, Mr. David Allen, the chief financial officer and
certain other operational personnel in the Suisun and Texas
Operations.  Mr. Roller will remain an employee of the Company for
the remainder of his employment term, which will end on April 1,
2017, and is available for consultation with the Company.

               About WPCS International Incorporated

WPCS -- http://www.wpcs.com/-- operates in two business segments
including: (1) providing communications infrastructure contracting
services to the public services, healthcare, energy and corporate
enterprise markets worldwide; and (2) developing a Bitcoin trading
platform.

WPCS International reported a net loss attributable to common
shareholders of $8.27 million on $14.6 million of revenue for the
year ended April 30, 2016, compared to a net loss attributable to
common shareholders of $11.32 million on $24.41 million of revenue
for the year ended April 30, 2015.

As of July 31, 2016, WPCS International had $7.15 million in total
assets, $4.34 million in total liabilities and $2.80 million in
total stockholders' equity.

                            *   *    *

This concludes the Troubled Company Reporter's coverage of WPCS
International until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.


WRWM PARTNERSHIP: Sale of Wilmington Pike Property for $650K Okayed
-------------------------------------------------------------------
Judge Eric L. Frank of the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania authorized WRWM Partnership, Inc.'s sale
of the real property located at 109 Wilmington Pike, Chadds Ford,
Concord Township, Pennsylvania, to 119 Wilmington Pike, LP for
$650,000.

A hearing on the Motion was held on Dec. 1, 2016.  The auction was
conducted on Nov. 15, 2016.

The sale is free and clear of any and all liens, encumbrances,
interests, and claims.

Specifically, the sale of the property will be effectuated under
these terms and conditions:

    a. M&T Bank has consented to the sale of the property and will
release its mortgage in and/or against the property provided that
all Net Proceeds are paid to the Bank at closing on the sale of the
property and a fully-executed HUD-1 statement acceptable to the
Bank is received by the Bank at the time of closing.  For purposes
of the Order, "Net Proceeds" are defined as gross sale proceeds
less real estate taxes, normal closing costs, a $3,000 "carve out"
for general unsecured creditors, a $9,000 "carve out" to the
Debtor's estate for the Debtor's legal fees associated with the
sale of the property, the Broker's commissions totaling $37,000,
existing judgment liens in an amount not to exceed $1,000, a "carve
out" of $5,000 (to be applied to the aggregate payment of $23,000
to the Lessees in exchange for the Lessees' execution and delivery
of the Lease Termination Agreement).

    b. The Debtor's counsel has agreed to reduce its carve-out for
its fees to $9,000, which sum will be paid to the Debtor's counsel
at closing.

    c. Turn 2 FLP, which appears as a mortgagee of the property,
has agreed to and will release its interest in the Property for the
sum of $0.

The stay provisions set forth in Federal Rule of Bankruptcy
Procedure 6004(h) are waived, and closing on the sale of the
property may occur immediately.

The 14-day stay provisions as set forth in F.R.B.P. 6004(h) are
waived.

Closing on the sale of the property must be completed by Dec. 30,
2016.

The Debtor is authorized to distribute to the Bank immediately upon
closing on the property the Net Proceeds arising from a sale of the
property once the described closing costs, carve-outs and any
liens, claims, and encumbrances on the property have been paid as
set forth in the HUD-1 statement approved by the Bank.  The Bank
will release its lien on the property simultaneously with the
receipt of such proceeds and a fully-executed HUD-1 statement which
is acceptable to the Bank.

                     About WRWM Partnership

WRWM Partnership, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Pa. Case No. 16-11997) on March 24, 2016, estimating
under $1 million in both assets and liabilities.  

The Debtor has remained in possession of its assets and continued
management of its business as a debtor-in-possession pursuant to
Sections 1107 and 1108 of the Bankruptcy Code.

An official committee of unsecured creditors has not yet been
appointed.


WVA HIGH TECHNOLOGY: Seeks to Move Plan Filing Period to March 2
----------------------------------------------------------------
West Virginia High Technology Consortium Foundation and HT
Foundation Holdings, Inc. seek from the U.S. Bankruptcy Court for
the Northern District of West Virginia a 90-day extension of the
exclusive periods during which only the Debtors may file a plan of
reorganization and solicit acceptance to any such plan, or until
March 2 and May 1, 2017, respectively.

The Debtors relate that since the Petition Date, they have spent
much of the first few months attempting to stabilize their
operations and negotiating in good faith with Huntington National
Bank in an attempt to reach a mutually agreeable resolution to
Huntington's secured claim, and potential restructuring options.
Unfortunately, the Debtors further relate that notwithstanding such
negotiations, they were unable to reach a resolution with
Huntington, partially due to the parties' dispute over the value of
the Real Property.

The Debtors further relate that once the negotiations with
Huntington broke down in late September 2016, the Debtors
immediately considered their reorganization options and formulated
a Plan of Reorganization, which the Debtors believe is in the best
interest of creditors.  Accordingly, the Debtors have decided to
list the Real Property on the market in an attempt to sell it and
satisfy the claims of the Debtors' creditors, including
Huntington’s secured claim.

Since the Court entered its Orders, on October 25, 2016,
authorizing the Debtors to engage the Broker to market and sell the
Real Property and the appraiser to value the Real Property, the
Debtors have obtained appraisals and a market listing for the Real
Property.  Currently, the Debtors continue their good faith efforts
to market the Real Property for sale, and have formulated a Plan of
Reorganization that proposes fair treatment of creditors.

Pending confirmation, the Debtors request an extension of the
exclusivity period to continue to work with creditors toward an
amicable resolution of any claims and toward confirmation of the
Plan of Reorganization.

                   About West Virginia High Technology
                          Consortium Foundation

West Virginia Hight Technology Consortium Foundation and HT
Foundation Holdings, Inc., filed chapter 11 petitions (Bankr. N.D.
W.Va. Case Nos. 16-00806 and 16-00807) on Aug. 4, 2016.  The
petitions were signed by James L. Estep, president and CEO.  The
Hon. Patrick M. Flatley presides over the case.  In its petition,
the Debtors estimated $10 million to $50 million in both assets and
liabilities.

David B. Salzman, Esq., at Campbell & Levine, LLC serves as
bankruptcy counsel.  The Debtor employs Rolston & Company as real
estate appraiser; Easter Valley, LLC as real estate broker; and
Arnett Carbis Toothman, LLP as accountants.


YELLOW CAB: Cal. Judge Okays Randy Sugarman as Ch. 11 Trustee
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of California
entered an order approving the appointment of Randy Sugarman to
serve as Chapter 11 Trustee in the Chapter 11 case of Yellow Cab
Cooperative, Inc., aka All Taxi Electronics.

The Troubled Company Reporter, on Nov. 28, 2016, reported that U.S.
Bankruptcy Judge Thomas E. Carlson entered an Order directing the
U.S. Trustee to appoint a Chapter 11 Trustee for the Debtor.

The Order was made pursuant to the hearing conducted on November
15, 2016.

As previously reported by The Troubled Company Reporter, the
Official Committee of Unsecured Creditors filed a motion asking
the
Court to appoint a Chapter 11 Trustee in the Debtor's bankruptcy
case.

According to the Committee, the Debtor is guilty of significant
prepetition malfeasance -- malfeasance that can only be described
as intentional as it involved transferring money to equity when
none was due or owing and at a time when the Debtor was insolvent.
Since the case began, the Debtor's conflicts of interest have
caused management to make decisions that are not in the best
interests of the Debtor, the Committee asserts.

Therefore, the Committee asks the Court to enter an order (i)
granting the Motion, (ii) directing the appointment of a chapter 11
trustee in the Debtor's case, and (iii) granting such and further
relief as may be just and appropriate.

           About Yellow Cab Cooperative

Yellow Cab Cooperative, Inc., provides taxicab transportation
services in the San Francisco, California area. In San Francisco,
taxicab "color schemes" are licensed by the County of San Francisco
to provide services to taxi medallion owners, which color schemes
and medallion holders operate in a highly regulated environment.  

Yellow Cab is a non-profit cooperative service company that
provides an operating base for approximately 400 San Francisco taxi
medallions (or permits), operating on a cooperative basis. Yellow
Cab supports approximately 1,000 medallion owners and lessee
drivers in their individual taxi operations, and separately employs
approximately 60 persons to provide those support services. Yellow
Cab currently supports approximately one-third of the total
medallions operating in San Francisco.

Yellow Cab Cooperative filed a Chapter 11 petition (Bankr. N.D.
Cal. Case No. 16-30063) on Jan. 22, 2016. The petition was signed
by Pamela Martinez, president.  The case is assigned to Judge
Dennis Montali.

The Debtor estimated assets of $1 million to $10 million, and debts
of $10 million to $50 million.

The Debtor has tapped Farella Braun and Martel LLP as its legal
counsel.

The U.S. Trustee for Region 17 on March 3 appointed five creditors
of Yellow Cab Cooperative, Inc., to serve on the official committee
of unsecured creditors. The Committee is represented by John D.
Fiero, Esq., and Jason H. Rosell, Esq., at Pachulski Stang Ziehl &
Jones LLP, in San Francisco, California.


ZOHAR CDO 2003: Funds Sue to Oust Lynn Tilton
---------------------------------------------
Peg Brickley, writing for The Wall Street Journal, reported that
the Zohar investment funds that once formed the financial base of
Lynn Tilton's $2.5 billion distressed investing empire have moved
to oust her from control of some of the businesses involved in that
empire.

According to the report, FSAR Holdings Inc., Glenoit Universal Ltd.
and UI Acquisition Holding Co., are are owned largely or in part by
the Zohar funds, according to the lawsuit filed by Zohar II and
Zohar III in Delaware's Court of Chancery.  Recent days have seen
coups at all three companies that have led to Ms. Tilton and her
allies being pushed out of board seats, court papers say, the
report related.

The WSJ, citing court filings, further related that Ms. Tilton and
her Patriarch Partners management firm have fought the ouster.
Faced with demands to surrender her board seats, Ms. Tilton
refused, saying the Zohar funds granted Patriarch the right to vote
their shares when it comes to deciding who sits on the boards of
the troubled companies that borrowed money from the funds, the
report added.

Lawyers for the Zohar funds say the grant of irrevocable voting
rights to Ms. Tilton is more evidence of alleged self-dealing by
the woman known as the diva of distressed companies, who for years
ran both the collateralized loan funds and the companies that
borrowed from them, the report said.

                    About Zohar CDO 2003-1

Patriarch Partners XV, LLC, filed involuntary Chapter 11 bankruptcy
petitions against Zohar CDO 2003-1, Corp., Zohar CDO 2003-1,
Limited and Zohar CDO 2003-1, LLC (Bankr. S.D.N.Y. Case Nos.
15-23681 to 15-23682) on Nov. 22, 2015.

Patriarch Partners disclosed that it has filed, through one of its
affiliates, an involuntary Chapter 11 petition for Zohar CDO
2003-1, Limited.  Patriarch is Zohar I's largest creditor, holding
$286.5 million face amount of Zohar I notes.  Patriarch has placed
Zohar I into Chapter 11 in order to protect Zohar I and Patriarch
from the efforts of MBIA Inc. and MBIA Insurance Corporation,
another creditor of Zohar I, to obtain Zohar I's assets for
itself.

Patriarch claimed it has been forced to pursue this route because
of MBIA's fraudulent scheme to induce Patriarch XV to spend over
$103 million to buy out a third-party noteholder in Zohar-I to
facilitate a restructuring of Zohar-I.

Lynn Tilton is CEO of Patriarch.

Patriarch's restructuring counsel is Skadden, Arps, Slate, Meagher
& Flom LLP and its financial advisor is Moelis & Co.


[*] November Commercial Bankruptcy Filings Up 26% from Past Year
----------------------------------------------------------------
Total U.S. commercial bankruptcy filings increased 26 percent in
November 2016 over November of last year, according to data
provided by Epiq Systems, Inc.

Commercial filings totaled 2,908 in November 2016, up from the
November 2015 total of 2,311.  November is the thirteenth
consecutive month with a year-over-year increase in commercial
filings.  However, total commercial chapter 11 filings decreased in
November 2016, as the 385 filings were 2 percent less than the 392
commercial chapter 11 filings registered in November 2015.  The
total bankruptcy filings of 59,300 in November 2016 represented a
10 percent decrease from the November 2015 total of 65,562.
Consumer filings also decreased as the 56,392 filings in November
2016 were down 11 percent from the November 2015 consumer filing
total of 63,251.

"While commercial filings continue to edge up slightly over recent
years, fewer consumers are turning to the financial relief of
bankruptcy," said ABI Executive Director Samuel J. Gerdano. "Total
bankruptcies remain on track for under 800,000 in 2016, the
second-lowest total since BAPCPA was implemented in 2005."

Total filings for November decreased 6 percent compared to the
63,055 total filings in October 2016. Total noncommercial filings
for November also represented a 6 percent decrease from the October
2016 noncommercial filing total of 60,015. November's commercial
filing total represented a 4 percent decrease from the October 2016
commercial filing total of 3,040. Commercial chapter 11 filings
also registered a 4 percent decrease from the 402 filings recorded
in October 2016.

The average nationwide per capita bankruptcy-filing rate in
November was 2.51 (total filings per 1,000 population), a slight
decline from the 2.53 rate for the first 10 months of the year.
Average total filings per day in November 2016 were 1,977, a 10
percent decrease from the 2,185 total daily filings in November
2015. States with the highest per capita filing rates (total
filings per 1,000 population) in November 2016 were:

   1. Tennessee (5.65)
   2. Alabama (5.52)
   3. Georgia (4.76)
   4. Utah (4.15)
   5. Illinois (4.14)

ABI has partnered with Epiq Systems, Inc. in order to provide the
most current bankruptcy filing data for analysts, researchers and
members of the news media. Epiq Systems is a leading provider of
managed technology for the global legal profession.

For further information about the statistics or additional
requests, please contact ABI Public Affairs Manager John Hartgen at
703-894-5935 or jhartgen@abiworld.org.

ABI is the largest multi-disciplinary, nonpartisan organization
dedicated to research and education on matters related to
insolvency. ABI was founded in 1982 to provide Congress and the
public with unbiased analysis of bankruptcy issues. The ABI
membership includes more than 12,000 attorneys, accountants,
bankers, judges, professors, lenders, turnaround specialists and
other bankruptcy professionals, providing a forum for the exchange
of ideas and information. For additional information on ABI, visit
www.abi.org. For additional conference information, visit
http://www.abi.org/calendar-of-events.

Epiq Systems is a provider of managed technology for the global
legal profession.  Epiq Systems offers innovative technology
solutions for electronic discovery, document review, legal
notification, claims administration and controlled disbursement of
funds.  Epiq System’s clients include leading law firms,
corporate legal departments, bankruptcy trustees, government
agencies, mortgage processors, financial institutions, and other
professional advisors who require innovative technology, responsive
service and deep subject-matter expertise. For more information on
Epiq Systems, Inc., please visit http://www.epiqsystems.com.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
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equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
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Each Friday's edition of the TCR includes a review about a book of
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Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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Editors.

Copyright 2016.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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